| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| Dressability |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| Dressability |
| Dressability |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| 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 | 15 |
| Dressability (Registered number: 04777289) |
| Report of the Trustees |
| for the Year Ended 31 March 2025 |
| 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 March 2025. 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 2015). |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| The principal activity of the charitable company continues to be the delivery of a specialist clothing adaptation service for people with physical or learning disabilities and / or mobility impairments, on the basis of promoting independence, wellbeing and inclusivity. |
| Public benefit |
| The Trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities the Charity should undertake. The Trustees consider that they have acted in the public benefit and have discharged their responsibilities accordingly. |
| Volunteers |
| Our volunteer sewing sessions are held four days a week. During this year there have been a total of 1203 hours volunteered by our dressmakers, with projects including de-branding of winter coats and jackets for the homeless, treatment gowns for the Radiotherapy department at Maidstone hospital and washable sanitary towel packs for a school in Ghana. The volunteers continue to make various items to sell at events raising funds for the charity. During this year our volunteers have completed 42 projects and donated 585 items to those in need. |
| To thank our volunteers for their fantastic contribution, we held a Volunteers Week lunch in early June, and a Christmas buffet lunch in December. One volunteer gained a 5 year service badge with a further 2 volunteers gaining 2 year service badges. We are proud to say that we now have 9 volunteers with more than 5 years of service. Volunteers remain an integral part of Dressability and we thank them for their valuable contribution. |
| ACHIEVEMENT AND PERFORMANCE |
| Charitable activities |
| We started the year with a visit from the Rt Hon Robert Buckland KC MP who has supported us for many years. He was very interested in the work that we have been doing and took the opportunity to speak with the staff and learn about our innovations and achievements. |
| Sharon Tombs, our long-standing manager of 12 years stood down in May and the post was taken temporarily by a Stephen Gray a former trustee. Sharon remains committed to Dressability offering support and guidance on a part-time basis. |
| In June we attended Swindon's Panathlon Challenge, a sports day for children with disabilities. This was attended by trustee Nicky and 2 of our volunteers. It was a great opportunity to showcase our alterations and adaptations and have a photograph with our new Mayor. |
| July brought a new challenge when a wish granting charity asked us to make a very special prom dress for their 18 year old client. Two of our long-standing volunteers designed and made a lovely dress that the young lady could feel very special in and was suitable to wear in her wheelchair. |
| In September members of our Thursday volunteer group went to the Prospect Café to deliver green aprons made by them for the hospice's catering volunteers. It is a privilege to support the valuable work of our local hospice. We were really grateful to have had the fabric donated to us by a local company. |
| October saw Dressability mentioned in the Daily Mirror by Dr Miriam, in response to a question raised about having clothes adapted to fit changing body shapes. Great to have some National recognition and publicity. |
| Reduce, reuse, recycle. We continue to provide de-branding services, where we accept surplus branded garments from businesses, remove/cover their branding, and deliver to local charities - often supporting homelessness - so those in need are able to have access to garments free of charge. In March 2025 we teamed up with Swindon Lions to expand this project and deliver these winter coats to Bristol Outreach Service. |
| Dressability (Registered number: 04777289) |
| Report of the Trustees |
| for the Year Ended 31 March 2025 |
| ACHIEVEMENT AND PERFORMANCE |
| Fundraising activities |
| Our fundraising efforts have continued this year. James, a friend of Dressability ran the London Marathon to support us and raised over a thousand pounds. Our staff volunteered their service at a Christmas Fayre where they were able to sell items made by our dedicated volunteers. |
| The charity received no statutory funding. |
| FINANCIAL REVIEW |
| Principal funding sources |
| The charity received funds via grant-making trusts and donations. During the year, major grant funders who donated more than £5,000 accounted for 61% of our income. |
| Reserves policy |
| The trustees continually monitor the level of unrestricted funds held in reserve and intend to maintain reserves at a level which is equivalent to one year's running costs, in order to provide financial stability and opportunity to develop Dressability's principal activity in accordance with our current business plan. |
| In addition, designated funds of £48,904 have been agreed by the board of trustees to cover unforeseen costs such as redundancies, loss of in-kind support and potential lease and other contract buy outs should the need arise. These arrangements give us comfort in our stability as a charity. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The charity is controlled by its governing document, a deed of trust, and is governed by its Memorandum and Articles of Association. We have recently updated our Articles to reflect our wider remit of services within the communities we serve. |
| It constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
| We are registered with and governed by the Charities Commission of England and Wales. |
| Recruitment and appointment of new trustees |
| Representing the business sector, local community and service-users, the Trustees bring a broad range of skills and outlook to the Charity. New Trustees are recruited on the basis of experience, competence and specialist skills. |
| Induction and training of new trustees |
| Training is offered to new trustees from Voluntary Action Swindon, a local charity. Trustees are also made aware of other training opportunities through trustee network and other courses. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Dressability (Registered number: 04777289) |
| Report of the Trustees |
| for the Year Ended 31 March 2025 |
| Trustees |
| Company Secretary |
| Independent Examiner |
| Chris Vaughan |
| Accountants |
| 195 Ermin Street |
| Swindon |
| Wiltshire |
| SN3 4NA |
| Approved by order of the board of trustees on |
| Independent Examiner's Report to the Trustees of |
| Dressability |
| Independent examiner's report to the trustees of Dressability ('the Company') |
| I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. |
| 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. |
| Christopher Vaughan |
| Chris Vaughan |
| Accountants |
| 195 Ermin Street |
| Swindon |
| Wiltshire |
| SN3 4NA |
| 31 October 2025 |
| Dressability |
| Statement of Financial Activities |
| for the Year Ended 31 March 2025 |
| 31.3.25 | 31.3.24 |
| Unrestricted | Restricted | Total | Total |
| funds | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| Other trading activities | 2 |
| Investment income | 3 |
| Other income |
| Total |
| EXPENDITURE ON |
| Raising funds |
| Charitable activities |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 246,390 |
| Dressability (Registered number: 04777289) |
| Balance Sheet |
| 31 March 2025 |
| 31.3.25 | 31.3.24 |
| Unrestricted | Restricted | Total | Total |
| funds | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 9 |
| CURRENT ASSETS |
| Investments | 10 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 11 | ( |
) | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 12 |
| Unrestricted funds | 226,942 |
| Restricted funds | 19,448 |
| TOTAL FUNDS | 246,390 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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. |
| Dressability (Registered number: 04777289) |
| Balance Sheet - continued |
| 31 March 2025 |
| 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 |
| Dressability |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 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. |
| Financial reporting standard 102 - reduced disclosure exemptions |
| The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': |
| • | the requirements of Section 7 Statement of Cash Flows. |
| 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. |
| Allocation and apportionment of costs |
| Activity Basis of Allocation |
| Management Staff Time |
| Finance Staff Time |
| Other Staff Time |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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. |
| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
| Dressability |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 2. | OTHER TRADING ACTIVITIES |
| 31.3.25 | 31.3.24 |
| £ | £ |
| On-line sales | 615 | 2,279 |
| 3. | INVESTMENT INCOME |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Bank interest | 6,901 | 3,306 |
| 4. | SUPPORT COSTS |
| Management | Finance | Totals |
| £ | £ | £ |
| People with disabilities | 9,454 | 559 | 10,013 |
| Children | 4,727 | 280 | 5,007 |
| Older people | 9,454 | 559 | 10,013 |
| 23,635 | 1,398 | 25,033 |
| Support costs, included in the above, are as follows: |
| 31.3.25 | 31.3.24 |
| People |
| with | Older | Total | Total |
| disabilities | Children | people | activities | activities |
| £ | £ | £ | £ | £ |
| Insurance | 662 | 331 | 662 | 1,655 | 1,528 |
| Communications | 1,108 | 554 | 1,108 | 2,770 | 3,745 |
| Postage and stationery | 1,696 | 848 | 1,696 | 4,240 | 2,040 |
| Office utilities and rent | 4,706 | 2,353 | 4,705 | 11,764 | 17,738 |
| Professional fees | 805 | 402 | 805 | 2,012 | 720 |
| Training | 477 | 239 | 478 | 1,194 | - |
| Bank charges | 48 | 24 | 48 | 120 | 1,010 |
| Depreciation of tangible fixed assets |
511 |
256 |
511 |
1,278 |
1,974 |
| 10,013 | 5,007 | 10,013 | 25,033 | 28,755 |
| 5. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Depreciation - owned assets |
| Dressability |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 6. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. |
| 7. | STAFF COSTS |
| The average monthly number of employees during the year was as follows: |
| 31.3.25 | 31.3.24 |
| Dressmakers | 4 | 4 |
| Fundraising | 1 | 1 |
| Management and administration | 2 | 2 |
| 8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | Total |
| funds | funds | funds |
| £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| Other trading activities |
| Investment income |
| Total |
| EXPENDITURE ON |
| Raising funds |
| Charitable activities |
| 29,260 | 15,986 |
| Total |
| NET INCOME |
| Transfers between funds | 1,322 | (1,322 | ) | - |
| Net movement in funds |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | 193,333 | 8,168 |
| Dressability |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
| Unrestricted | Restricted | Total |
| funds | funds | funds |
| £ | £ | £ |
| TOTAL FUNDS CARRIED FORWARD | 226,942 | 19,448 | 246,390 |
| 9. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 10. | CURRENT ASSET INVESTMENTS |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Listed investments | 40,000 | 40,000 |
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| Dressability |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 12. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.4.24 | in funds | 31.3.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 178,038 | 33,009 | 211,047 |
| Contingency Reserve | 48,904 | - | 48,904 |
| 33,009 |
| Restricted funds |
| Openwork Foundation | 5,248 | (5,248 | ) | - |
| Lottery fund | 5,386 | (5,386 | ) | - |
| Other projects | 8,814 | 8,430 | 17,244 |
| (2,204 | ) |
| TOTAL FUNDS | 30,805 | 277,195 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 128,677 | (95,668 | ) | 33,009 |
| Restricted funds |
| Children and Young People | 14,982 | (14,982 | ) | - |
| Location | 1,000 | (1,000 | ) | - |
| Openwork Foundation | - | (5,248 | ) | (5,248 | ) |
| Lottery fund | 27,210 | (32,596 | ) | (5,386 | ) |
| Other projects | 34,863 | (26,433 | ) | 8,430 |
| ( |
) | (2,204 | ) |
| TOTAL FUNDS | ( |
) | 30,805 |
| Dressability |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 12. | MOVEMENT IN FUNDS - continued |
| Comparatives for movement in funds |
| Net | Transfers |
| movement | between | At |
| At 1.4.23 | in funds | funds | 31.3.24 |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 144,429 | 32,287 | 1,322 | 178,038 |
| Contingency Reserve | 48,904 | - | - | 48,904 |
| 193,333 | 32,287 | 1,322 | 226,942 |
| Restricted funds |
| Location | 971 | - | (971 | ) | - |
| Service | 1,000 | - | (1,000 | ) | - |
| Openwork Foundation | - | 5,248 | - | 5,248 |
| Lottery fund | 5,503 | (117 | ) | - | 5,386 |
| Other projects | 694 | 7,471 | 649 | 8,814 |
| 8,168 | 12,602 | (1,322 | ) | 19,448 |
| TOTAL FUNDS | 201,501 | 44,889 | - | 246,390 |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 128,922 | (96,635 | ) | 32,287 |
| Restricted funds |
| Openwork Foundation | 10,000 | (4,752 | ) | 5,248 |
| Lottery fund | 32,318 | (32,435 | ) | (117 | ) |
| Other projects | 10,438 | (2,967 | ) | 7,471 |
| 52,756 | (40,154 | ) | 12,602 |
| TOTAL FUNDS | 181,678 | (136,789 | ) | 44,889 |
| Dressability |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 12. | MOVEMENT IN FUNDS - continued |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net | Transfers |
| movement | between | At |
| At 1.4.23 | in funds | funds | 31.3.25 |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 144,429 | 65,296 | 1,322 | 211,047 |
| Contingency Reserve | 48,904 | - | - | 48,904 |
| 193,333 | 65,296 | 1,322 | 259,951 |
| Restricted funds |
| Location | 971 | - | (971 | ) | - |
| Service | 1,000 | - | (1,000 | ) | - |
| Lottery fund | 5,503 | (5,503 | ) | - | - |
| Other projects | 694 | 15,901 | 649 | 17,244 |
| 8,168 | 10,398 | (1,322 | ) | 17,244 |
| TOTAL FUNDS | 201,501 | 75,694 | - | 277,195 |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 257,599 | (192,303 | ) | 65,296 |
| Restricted funds |
| Children and Young People | 14,982 | (14,982 | ) | - |
| Location | 1,000 | (1,000 | ) | - |
| Openwork Foundation | 10,000 | (10,000 | ) | - |
| Lottery fund | 59,528 | (65,031 | ) | (5,503 | ) |
| Other projects | 45,301 | (29,400 | ) | 15,901 |
| 130,811 | (120,413 | ) | 10,398 |
| TOTAL FUNDS | 388,410 | (312,716 | ) | 75,694 |
| Dressability |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 13. | RELATED PARTY DISCLOSURES |
| 14. | TOTAL FUNDS |
| Designated Fund |
| Contingency Reserve |
| Funds held in reserve to mitigate potential contingencies |
| Restricted Funds |
| Service |
| Funds to facilitate servicing of sewing machines |
| Location |
| This fund relates to resources donated to cover work carried out in specific geographical locations. |
| Lottery |
| Fund to finance dressmakers and outreach work. |
| Other |
| Small non-recurring donations to cover various aims of the charity. |
| 15. | ALLOCATION OF COSTS |
| Activity Basis of Allocation |
| Management Staff Time |
| Finance Staff Time |
| Other Staff Time |
| 16. | CAPITALISATION OF TANGIBLE FIXED ASSETS |
| Fixed assets costing more than £250 are capitalised at cost. |