REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Financial Statements |
for the Year Ended 31 December 2024 |
for |
Beasley Back Dane |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Financial Statements |
for the Year Ended 31 December 2024 |
for |
Beasley Back Dane |
Beasley Back Dane |
Contents of the Financial Statements |
for the Year Ended 31 December 2024 |
Page |
Report of the Trustees | 1 | to | 3 |
Independent Examiner's Report | 4 |
Statement of Financial Activities | 5 |
Balance Sheet | 6 | to | 7 |
Notes to the Financial Statements | 8 | to | 13 |
Beasley Back Dane (Registered number: 04323497) |
Report of the Trustees |
for the Year Ended 31 December 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
- | To provide volunteering opportunities and training in a spirit of friendship and understanding, without regard to race, religion, sexual orientation/identity or politics. |
- | To provide educational and recreational facilities for: |
o Disadvantaged children and young people |
o Those in distress including disabled children and adults |
o Those facing poverty |
o The elderly |
o Refugees |
- | To apply considered ecological and environmental principles to our property, grounds and services in order to limit the environmental impact of our operations. |
The Trust's activities can be split into 5 areas: |
- | Back Dane as a Venue for Others to Hire |
- | Back Dane as a Venue for Others to Hire with help from our Trustees (called Partnership Holidays) |
- | Back Dane as a Venue for the Kids' Weekends |
- | Back Dane as a Venue for Volunteering |
- | The 'Tuesday Club' |
Public benefit |
These aims and objectives are pursued through the management and development of Back Dane, a converted hill farm used by worthy causes, The Tuesday Club, and outings for deserving children. |
The Trustees have considered their duties under section 3 of the Charities Act 2011 and have determined that they have complied with their duty to have due regard to the Charity Commission’s guidance on public benefit, when pursuing the charity’s aims and objectives. |
Volunteers |
The charity is currently managed by trustee volunteers who give their time on a voluntary basis to manage the various activities. |
ACHIEVEMENT AND PERFORMANCE |
Back Dane enjoyed a full 2024 calendar of day users in addition to groups staying for mid-week breaks. Day visitors included Wincle, Rushton, Meadows Academy and Cicely Haughton Schools. Aligned groups, who paid, included National House Project, North Lincolnshire Sanctuary Group, Baraa, Just Drop In, Bridgend Centre and Derby Leaving Care. Aligned groups with support from Back Dane included Athac, Derby Kids Camp, Embark and Blast. Associated groups 16th Duston Northampton Scouts and Peak Ecology Ltd stayed as paying guests. Private bookings included Helena Wruk, Imogen McGregor, Leigh Skelton and Dorota Kubiak. |
Beasley Back Dane (Registered number: 04323497) |
Report of the Trustees |
for the Year Ended 31 December 2024 |
FINANCIAL REVIEW |
Financial position |
Use of investment reserves was not required in 2024; reserves are available to supplement cash reserves, grants and donations towards any funded developments and ongoing activities. The medium-term objective is to attract a higher level of grants, donations and letting income to ensure operating costs are fully recovered. |
Moorcroft |
An amount of £817 was received by Moorcroft in 2024 through the sale of limited-edition pottery pieces; the total sum to date of £3,795 sum is ring-fenced for creation of a wildlife pond. |
Bookings |
Income from paid bookings in 2024 amounted to £7,020 by the year end. Charges for electricity use were made to paying groups in 2023 and yielded a total of £890. |
Grants |
No grants were applied for in 2024. |
Donations |
Modest income of £234 from donations was received by Back Dane in 2024; a proportion attracted a further £20 in Gift Aid. |
Reserves |
As at 31 December 2024, our reserves in the Ethical Investment Fund were £198,494; investment gains amounted to a total of £10,686. |
Expenditure on charitable activities |
The Tuesday Club met all year round; payment for hire of St Augustine’s Church Hall (£1,166) is made monthly and travel for seaside trips to Cleethorpes and Skegness were funded in July and September (£895). |
Modest sums were spent on Kids’ Weekends (£127), Partnership Holidays (£57) and Trust’s own Holidays (£50). |
Support costs |
Repairs and maintenance expenditure in 2024 (£2,193; £8,281 in 2023) reflected upkeep of the cottage with respect to water supply and treatment, fire safety. The total sum spent was ~25% of that in 2023. The largest single cost was for electricity (£3,988; £5,290 in 2023), around £1,300 less than 2023; this has been mitigated with a charge to paying users, implemented in 2023. Insurance costs were slightly more in 2024 at £2,715. IT and software costs are likely to be reduced going forward owing to the creation and introduction of a Back Dane Trust SharePoint (free for registered Charities) with access to the Microsoft Suite of Apps. Users include all Trustees and members of subgroups with limited but appropriate access. This SharePoint is secure via 2FA and reduces our risk of cyber security breaches. It also enables us to hold free secure online meetings. Cyber security insurance is planned at our renewal date. |
Reserves policy |
The Trust uses the income from visiting groups to offset the costs of running the building. Any excess income will be added to investment interest or 'draw down' and deployed on projects such as the improvement work and specific Trust-led activities eg the Tuesday club and the Trust's own (self-managed) holidays. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company limited by guarantee, as defined by the Companies Act 2006. |
Beasley Back Dane is a registered charity and is a company limited by guarantee and not having a share capital. The memorandum and articles of association define the scope of activity. |
Recruitment and appointment of new trustees |
Trustees are appointed from the membership in accordance with the governing documents. |
Beasley Back Dane (Registered number: 04323497) |
Report of the Trustees |
for the Year Ended 31 December 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Organisational structure |
The trustees meet at least three times a year and sub-committees led by trustees manage the various activities on behalf of the trustees and report to the trustees. |
Induction and training of new trustees |
The membership appoints trustees who they consider to have the qualities and experience necessary for them to act as trustees. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Company Secretary |
Independent Examiner |
Bates Weston LLP |
Chartered Accountants |
The Mills |
Canal Street |
Derby |
DE1 2RJ |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
Beasley Back Dane |
Independent examiner's report to the trustees of Beasley Back Dane ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |
Sean Douglass FCA |
Bates Weston LLP |
Chartered Accountants |
The Mills |
Canal Street |
Derby |
DE1 2RJ |
16 April 2025 |
Beasley Back Dane |
Statement of Financial Activities |
(Incorporating an Income and Expenditure Account) |
for the Year Ended 31 December 2024 |
2024 | 2023 |
Unrestricted |
Unrestricted | building | Restricted | Total | Total |
fund | fund | funds | funds | funds |
Notes | £ | £ | £ | £ | £ |
INCOME AND | ENDOWMENTS FROM |
Donations and legacies | 1,280 | - |
Other trading activities | 2 | 7,910 | - |
Other income | - | - |
Total | 9,190 | - |
EXPENDITURE ON |
Charitable activities | 3 |
13,724 | 11,000 |
Net gains on investments | 10,686 | - |
NET INCOME/(EXPENDITURE) |
6,152 |
(11,000 |
) |
( |
) |
( |
) |
RECONCILIATION OF | FUNDS |
Total funds brought forward | 200,590 | 695,000 |
TOTAL FUNDS CARRIED FORWARD |
206,742 |
684,000 |
895,590 |
Beasley Back Dane (Registered number: 04323497) |
Balance Sheet |
31 December 2024 |
2024 | 2023 |
Unrestricted |
Unrestricted | building | Restricted | Total | Total |
fund | fund | funds | funds | funds |
Notes | £ | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 7 | - | 684,000 |
Investments | 8 | 198,494 | - |
198,494 | 684,000 |
CURRENT ASSETS |
Debtors | 9 | 2,242 | - |
Cash at bank | 9,268 | - |
11,510 | - |
CREDITORS |
Amounts falling due within one year |
10 |
(3,262 |
) |
- |
( |
) |
( |
) |
NET CURRENT ASSETS | 8,248 | - |
TOTAL ASSETS LESS CURRENT LIABILITIES |
206,742 |
684,000 |
NET ASSETS | 206,742 | 684,000 |
FUNDS | 11 |
Unrestricted funds | 895,590 |
TOTAL FUNDS | 895,590 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
Beasley Back Dane (Registered number: 04323497) |
Balance Sheet - continued |
31 December 2024 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
Beasley Back Dane |
Notes to the Financial Statements |
for the Year Ended 31 December 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Freehold land and property | - |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Donated services |
Donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. A corresponding amount is recognised in expenditure or capitalised as a fixed asset as applicable. |
Investments |
Investments, all received from P D Robinson Legacy, are stated at market value at the balance sheet date. The SOFA includes the net gains arising on revaluations and disposals throughout the year. |
Beasley Back Dane |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2024 |
2. | OTHER TRADING ACTIVITIES |
2024 | 2023 |
£ | £ |
Back Dane hire |
3. | CHARITABLE ACTIVITIES COSTS |
Support |
Direct | costs (see |
Costs | note 4) | Totals |
£ | £ | £ |
Child Outings / Back Dane | 2,295 | 22,429 | 24,724 |
4. | SUPPORT COSTS |
Information | Governance |
Management | technology | Other | costs | Totals |
£ | £ | £ | £ | £ |
Child Outings / Back Dane |
9,206 |
370 |
11,000 |
1,853 |
22,429 |
Support costs, included in the above, are as follows: |
Management |
2024 | 2023 |
Child |
Outings / | Total |
Back Dane | activities |
£ | £ |
Rates and utilities | 4,036 | 5,339 |
Insurance | 2,175 | 2,123 |
Telephone, Postage and Stationery | 219 | 98 |
Repairs and maintenance | 2,372 | 8,745 |
Sundries | 404 | 2,868 |
9,206 | 19,173 |
Other |
2024 | 2023 |
Child |
Outings / | Total |
Back Dane | activities |
£ | £ |
Depreciation of tangible fixed assets | 11,000 | 11,000 |
Beasley Back Dane |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2024 |
4. | SUPPORT COSTS - continued |
Governance costs |
2024 | 2023 |
Child |
Outings / | Total |
Back Dane | activities |
£ | £ |
Accountancy and legal fees | 1,853 | 1,603 |
5. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2024 | 2023 |
£ | £ |
Depreciation - owned assets |
6. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. |
Trustees' expenses |
The charity reimbursed expenses of £1,949 (2023: £4,353 ) to 7 (2023: 8) trustees during the year ended 31 December 2024 in relation to general costs paid on behalf of the charity. |
7. | TANGIBLE FIXED ASSETS |
Freehold |
land and |
property |
£ |
COST |
At 1 January 2024 and 31 December 2024 |
DEPRECIATION |
At 1 January 2024 |
Charge for year |
At 31 December 2024 |
NET BOOK VALUE |
At 31 December 2024 |
At 31 December 2023 |
Included in cost or valuation of land and buildings is freehold land of £200,000 (2023 - £200,000) which is not depreciated. |
Beasley Back Dane |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2024 |
7. | TANGIBLE FIXED ASSETS - continued |
Analysis of valuation |
Valuation in 2022 | 750,000 |
750,000 |
If the Freehold land and property had not been revalued it would have been included at the following historical cost and net book value of £541,479 (2023: £541,479) and £348,294 (2023: £369,568) respectively, including the land element of £1,650. |
8. | FIXED ASSET INVESTMENTS |
Listed |
investments |
£ |
MARKET VALUE |
At 1 January 2024 |
Movement |
At 31 December 2024 |
NET BOOK VALUE |
At 31 December 2024 | 198,494 |
At 31 December 2023 | 187,808 |
There were no investment assets outside the UK. |
Cost or valuation at 31 December 2024 is represented by: |
Listed |
investments |
£ |
Valuation in 2023 | 198,494 |
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
Beasley Back Dane |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2024 |
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Accruals and deferred income |
11. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.1.24 | in funds | 31.12.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 200,590 | 6,152 | 206,742 |
Unrestricted building fund | 695,000 | (11,000 | ) | 684,000 |
(4,848 | ) |
TOTAL FUNDS | (4,848 | ) | 890,742 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Gains and | Movement |
resources | expended | losses | in funds |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 9,190 | (13,724 | ) | 10,686 | 6,152 |
Unrestricted building fund | - | (11,000 | ) | - | (11,000 | ) |
( |
) | (4,848 | ) |
TOTAL FUNDS | ( |
) | (4,848 | ) |
Comparatives for movement in funds |
Net | Transfers |
movement | between | At |
At 1.1.23 | in funds | funds | 31.12.23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 192,610 | 8,056 | (76 | ) | 200,590 |
Unrestricted building fund | 706,000 | (11,000 | ) | - | 695,000 |
898,610 | (2,944 | ) | (76 | ) | 895,590 |
Restricted funds |
Support Staffordshire Grant | - | (76 | ) | 76 | - |
TOTAL FUNDS | 898,610 | (3,020 | ) | - | 895,590 |
Beasley Back Dane |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2024 |
11. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Gains and | Movement |
resources | expended | losses | in funds |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 10,105 | (25,285 | ) | 23,236 | 8,056 |
Unrestricted building fund | - | (11,000 | ) | - | (11,000 | ) |
10,105 | (36,285 | ) | 23,236 | (2,944 | ) |
Restricted funds |
Support Staffordshire Grant | 500 | (576 | ) | - | (76 | ) |
TOTAL FUNDS | 10,605 | (36,861 | ) | 23,236 | (3,020 | ) |
12. | RELATED PARTY DISCLOSURES |
13. | LIMITED BY GUARANTEE |
The charity is a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. |