THE DACON TRUST LIMITED
Provision of day services to adults with learning disability
Objects
for the public benefit to provide education, life skills, development activities, learning opportunities and such other services as the trustees may determine from time to time, to adults and young people with learning disabilities.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of unrestricted funds of £148,984 for the year ended 31 December 2024, resulting in total unrestricted funds of £4,485,854. The trustees' report notes that charitable activity income is inadequate to meet costs, creating a reliance on investment income and local authority funding. The general reserve is currently in a deficit of £2,270, falling short of the stated policy target to hold reserves equivalent to 12 months of expenditure.
What the accounts disclose
“The reserve is currently in deficit of £2,270 (2023 Surplus: £84,178).”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Katie Hydechair
- Alex Dray
- Daniel Godfrey
- Shirley Anne Croft
- Simon King
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £480k | £682k |
| 31/12/2023 | £425k | £645k |
| 31/12/2022 | £332k | £434k |
| 31/12/2021 | £346k | £364k |
| 31/12/2020 | £447k | £420k |
Common questions
Is THE DACON TRUST LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of unrestricted funds of £148,984 for the year ended 31 December 2024, resulting in total unrestricted funds of £4,485,854. The trustees' report notes that charitable activity income is inadequate to meet costs, creating a reliance on investment income and local authority funding. The general reserve is currently in a deficit of £2,270, falling short of the stated policy target to hold reserves equivalent to 12 months of expenditure. Its FY2024 accounts were audited by TC Group.