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35,993 claims
The total unrestricted funds at the end of December 2024 were £3,232 less than at the beginning of February 2024.
<td>£ (3,232)</td>
Financial · Observational claim · From East Durham Veterans Trust — annual report and accounts, year ending 31 December 2024, page 29
The charity recognises financial assets and liabilities only when it becomes a party to the contractual provisions of an instrument.
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Financial · Procedural statement · From East Durham Veterans Trust — annual report and accounts, year ending 31 December 2024, page 26
The charity's financial statements were prepared in compliance with FRS 102 and the Charities SORP (FRS 102) as required by the Charities Act 2011.
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
Financial · Policy statement · From East Durham Veterans Trust — annual report and accounts, year ending 31 December 2024, page 23
The East Durham Veterans Trust aims to promote social inclusion among veterans to prevent them from becoming socially excluded due to mental health issues or inability to adjust to civilian life.
1. The promotion of social inclusion among veterans to prevent them from becoming socially excluded and to relieve the needs of them and to help them integrate into society. For the purpose of this clause society 'socially excluded' means excluded from society, or parts of society, due to mental health issues or as a result of being unable to adjust to a civilian environment.
Service · Policy statement · From East Durham Veterans Trust — annual report and accounts, year ending 31 December 2024, page 19
East Durham Veterans Trust raised £13,148 through the National Three Peaks challenge.
The national three peaks saw us take on the biggest mountains in Scotland, England and Wales all within a 24-hour time limit. As challenging as this was the fundraisers who took on the challenge raised an amazing £13148 for East Durham Veterans Trust.
Financial · Funding statement · From East Durham Veterans Trust — annual report and accounts, year ending 31 December 2024, page 5
East Durham Veterans Trust hosted the Chelsea Pensioners for their outreach programme outside of London.
We had the honour of working with the outreach team of the Chelsea Pensioners and being able to host the Chelsea pensioners outside of London for the first time as part of the outreach programme.
Service · Observational claim · From East Durham Veterans Trust — annual report and accounts, year ending 31 December 2024, page 4
Termination benefits are recognised immediately as an expense when the charity is committed to terminate employment.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits
Financial · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 25
The cost of unused holiday entitlement is recognised in the period when the employee's services are received.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received
Financial · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 25
Trade creditors are obligations to pay for goods or services acquired in the ordinary course of operations.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers
Financial · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 25
Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing transaction.
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction
Financial · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 25
The charity reviews tangible assets annually to determine if there is any indication of impairment.
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss.
Financial · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 24
Computers are depreciated at a rate of 33% per year using the straight-line method.
Computers 33% Straight line
Financial · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 24
Governance costs include expenses related to meeting constitutional and statutory requirements of the charity.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity.
Financial · Policy statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 24
Charitable expenditure includes costs for delivering activities and services to beneficiaries.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.
Financial · Policy statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 24
Poetsin's financial statements are prepared in accordance with FRS 102 and the Charities SORP.
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and '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 · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 23
Poetsin's trustees are responsible for preparing financial statements that give a true and fair view of the charity’s state.
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
Financial · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 17
Poetsin's CEO and COO are appointed by the trustees to manage day-to-day operations.
A CEO and COO are appointed by the trustees to manage the day-to-day operations of the charity.
Governance · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 17
Poetsin's board of trustees meets quarterly to discuss various aspects including performance, development, finance, policy, and impact.
The board of trustees (also known as the Charity Directors), administer the charity. The board meets quarterly to discuss performance, development, finance, policy, and impact.
Governance · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 17
Poetsin's trustees are required to attend training sessions that enhance their understanding and knowledge.
Trustees are required to attend any training sessions that aid their understanding and increase their knowledge to be able to continue to carry out their duties as a trustee effectively.
Governance · Procedural statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 17
Poetsin recruits trustees with experience in finance, third sector work, or mental health.
The charity looks to recruit trustees that have experience in one of the key areas agreed upon by the trustees. These include, but are not limited to: finance, third sector experience, and mental health sector experience.
Governance · Policy statement · From Poetsin — annual report and accounts, year ending 30 September 2024, page 17