The Annual Accounts of DCRSC for 2008 have been audited by an independent examiner:
A. P. JOPSON, FCA of Tony JOPSON & Co. Ltd.

DCRSC needs regular funding in order to operate effectively and I would like to publicly record my appreciation to:

• the Plymouth City Council⁴¹,
• the LankellyChase Foundation⁴²,
• the Church Urban Fund⁴³,
• and the Allen Lane Foundation⁴⁴,

as well as various other funders and individuals who have given their financial support.

Without their generous support we could not have provided the services we have.   General donations from churches, groups and individuals totalled £11,378 in 2008.

Over the past few years we have had considerable financial support from the LankellyChase Foundation to help us to run our Food Programme and I am most grateful to the Trustees on Foundation’s Board and especially to the Chief Executive, Mr Peter Kilgarriff.

Our Food Programme has been effectively running since 2005.   I would like to sincerely thank all those corporate and individual donors who supported and helped us during the year by providing food and monetary donations to support our service users.

The importance of the work of our charitable organisation should be never be undervalued, and although we have the support of some organisations and individuals, it is a matter of regret that DCRSC has never been on a secure financial footing.   However, must strive to be optimistic, and we have to consider alternative ways of how we can achieve relative financial stability – not an easy task!

Given the economical climate we are all experiencing, we are generally pleased with our overall financial performance.   Finally, I would like to sincerely show my appreciation of the work of our Fundraising Sub Commitee, chaired by Dr. Pene Key (Volunteer), and our Administrative & Financial Officer (Staff), Mrs. Pat Joyce.   Without their skills and ongoing endeavours we would be unable to achieve our aims.

We have had the Financial Statements of DCRSC audited for the year ending Friday, 31^st December 2008 which comprise the Balance Sheet, the Cash Flow statement and the Related Notes (see Part 2).

The Financial Statements are prepared in accordance with the applicable Accounting Standards in the United Kingdom and under the Historical Cost Accounting Rules.   The accounts comply with the Charities Act, 1993⁴⁵ and the Charity Commissions Statement of Recommended Practice (Revised 2000), Accounting by Charities⁴⁶.

DCRSC is Registered Charity⁴⁷ and is not liable to taxation under the provisions of Section 505 of the Income & Corporation Taxes Act, 1988⁴⁸.

The Law, applicable to charities in England and Wales, requires the Trustees to prepare accounts that give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year.

• Our Total Income in 2008 amounted to £91,880 compared to £126,521 in 2007.

• Our Total Expenditure in 2008 was £75,998 compared with £131,824 in 2007.

Our receipts from funding are divided into two broad headings:

• Restricted Funds are funds subject to specific projects or activities which are declared by the donors.

   Total DCRSC Restricted Funds in 2008 were £28,444.

• Unrestricted Funds are donations that are available to use toward any purpose.

   Total DCRSC Unrestricted Funds in 2008 were £63,436.

SUMMARY OF INCOME AND EXPENDITURE: 2008

COMPARISON SUMMARY

	2007	2008
Total Income:	£126,521	£91,880
Total Expenditure:	£131,824	£75,998
Net Movement in Funds:	£(6,301)	£15,882

Finally, I would like to acknowledge the tremendous generosity of all our Staff Members, Supporters and Volunteers as well as the outstanding efforts of our Trustees who have been involved in our fundraising efforts, either directly or indirectly.