REGISTERED COMPANY NUMBER: 00870364

REGISTERED CHARITY NUMBER: 247183

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 5 April 2025

for

Datnow Limited

Page

Report of the Trustees

1

to

2

Statement of Financial Activities

3

Balance Sheet

4

to

5

Notes to the Financial Statements

6

to

9

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 5 April 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 2019).

OBJECTIVES AND ACTIVITIES

The company is governed by its Memorandum and Articles of Association. Its powers enable it to invest its funds to generate income which it applies by way of charitable grants.

The objects of the trustees are to promote such purposes which are charitable according to the laws of England and Wales, and to promote and support foundations, institutions, trusts and undertakings established anywhere in the world exclusively for charitable purposes.

The trustees have given due regard to the Charity Commission guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

The past year has seen a steady performance in terms of income generation and grant making opportunities, with no significant events to report.

FINANCIAL REVIEW

Financial position

The income generation has been modest in the past few years, and continues to fund a number of grant requests. For the year ended 5 April 2023 there was a surplus for the year of £6,796 (2022 - surplus £6,232). As at 5 April 2023 there were total retained funds of £465,732 (2022 - £458,936).

The trustees awarded charitable grants during the year of £nil (2022 - £476), details of which are shown on page 3 and in note 5 to the accounts.

Reserves policy

The trustees have an agreed reserve policy which will ensure that excess grants are not awarded, which may jeopardise the ability to make future grants as and when deemed appropriate.

Going concern

There are no material uncertainties about the charity's ability to continue.

FUTURE PLANS

The trustees will continue to actively offer grants to areas within the charities objects, whilst being mindful of the current income constraints.

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.

Induction and training of new trustees

New trustees will be briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision-making processes.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees regularly review the Charity's policies, systems and controls to ensure that there are no risks to which the Charity may be exposed.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

00870364 (Not specified/Other)

Registered Charity number

247183

Registered office

Old Well House

130 Holland Park Avenue

Kensington and Chelsea

London

W11 4UE

Trustees

Ms Y L Datnow

J S M Datnow

E L Datnow

A D Datnow

Company Secretary

E L Datnow

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 23 December 2025 and signed on its behalf by:

E L Datnow - Secretary

5.4.25

5.4.24

Unrestricted

Total

fund

funds

Notes

£

£

NET INCOME

-

-

RECONCILIATION OF FUNDS

Total funds brought forward

465,732

465,732

TOTAL FUNDS CARRIED FORWARD

465,732

465,732

5.4.25

5.4.24

Unrestricted

Total

fund

funds

Notes

£

£

CURRENT ASSETS

Debtors

6

475,084

475,084

CREDITORS

Amounts falling due within one year

7

(9,352

)

(9,352

)

NET CURRENT ASSETS

465,732

465,732

TOTAL ASSETS LESS CURRENT LIABILITIES

465,732

465,732

NET ASSETS/(LIABILITIES)

465,732

465,732

FUNDS

9

Unrestricted funds

465,732

465,732

TOTAL FUNDS

465,732

465,732

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

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 23 December 2025 and were signed on its behalf by:

E L Datnow - Trustee

A D Datnow - Trustee

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.

Datnow Limited is a registered charity and a company, limited by guarantee, registered in England and Wales (Company number 870364). The company number and registered office address can be found in the report of the trustees.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

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, where applicable.

Foreign currencies

Investment assets in foreign currencies have been translated into sterling at the rate applicable at the end of the financial year in which they were purchased. Foreign exchange gains and losses are taken to reserves in the year in which they arise.

Investments

Investments are included in the balance sheet at fair value. The fair value of listed investments is taken as the stock exchange mid-market value at the balance sheet date. Realised gains or losses are calculated on the difference between proceeds and opening market value of the investments disposed and taken to the Statement of Financial Activities.

2.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 5 April 2025 nor for the year ended 5 April 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024.

3.	STAFF COSTS

The average monthly number of employees during the year was as follows:

5.4.25

5.4.24

Directors

4

-

No employees received emoluments in excess of £60,000.

4.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

NET INCOME

-

RECONCILIATION OF FUNDS

Total funds brought forward

465,732

TOTAL FUNDS CARRIED FORWARD

465,732

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 6 April 2024 and 5 April 2025

4,501

DEPRECIATION

At 6 April 2024 and 5 April 2025

4,501

NET BOOK VALUE

At 5 April 2025

-

At 5 April 2024

-

6.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Other debtors

475,084

475,084

7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Other loans (see note 8)

7,948

7,948

Accrued expenses

1,404

1,404

9,352

9,352

8.

LOANS

An analysis of the maturity of loans is given below:

5.4.25

5.4.24

£

£

Amounts falling due within one year on demand:

Other loans

7,948

7,948

9.	MOVEMENT IN FUNDS

Net

movement

At

At 6.4.24

in funds

5.4.25

£

£

£

Unrestricted funds

General fund

465,732

-

465,732

TOTAL FUNDS

465,732

-

465,732

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

TOTAL FUNDS

-

-

-

10.	RELATED PARTY DISCLOSURES

E L Datnow, and A D Datnow are all trustees and members of the Council of Management of Datnow Limited.

The partners in the dissolved Western Forestry partnership are E L Datnow and A D Datnow.

The Heart Transplant Research loan is to a charity of particular interest to the Datnow family.

The amounts due from related parties take the form of loans which are interest bearing at a commercial rate of interest, except for the Heart Transplant Research loan, which is interest free.

The loan balances represent capital and interest repayable at the balance sheet date.

At the balance sheet date the following amounts were due from related parties:-

Western Forestry - £20,601 (2022 : £20,279)

E L Datnow - £51,062 (2022 : £50,743)

EL and AD Datnow Maintenance Loan - £403,419 (2022 : £396,888)

At the balance sheet date the following amounts were due to related parties:-

A D Datnow - £7,948 (2022 : £7,574)

These amounts are also the maximum amounts due at any time during the year.