REGISTERED COMPANY NUMBER: 02685658 (England and Wales)
REG￿TERED CHARITY NUMBER: 1010244
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
THE AMMERDOWN CENTRE
*AD8JOS3F*
13109rk024
COMPANIES HOUSE
PG Owen Limi¢¢d
Chartered Accountants
124 High Street
er Norton
en
LIV*lited
Chartered Accountants &
Financial Advisors

THE AMMERDOWN CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their report with
the financial siatements of the charity for the year ended 31 December 2023. The truste¢5 have adopted the provisions of
Accounting and Eieporting 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 l January 2019).
Page I

THE AMMERDOWN CENTRE
. REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
OBJECTIVES AND ACTlVtTIES
Objectives
The original objects of the Trust as recorded in the Articles of Association in 1973 were "the advancement of the
Christian ￿ ligion and the advancement of education anywhere in the world" Since then the Tru51 has developed its
work in interfaith dialogue (which is recorded in the Articles as one of the ways in which the objects may be achieved)
and the promotion of justice. peac¢ and reconciliation.
These objects are reflected in the mission statement which the Trustees revised in 2015, and which now reads- 'The
Ammerdowm Centre was set up tn 1973 as a Christian foundation. It exists to promote peace, justice and reconciliation
in a safe place of hospitality where people of differing views or faiths can engage in dialogue and can pursue their
journeys of prayer, faith or enquiry"
The Ammerdown Centre fijlfils its charitable objectives by being a Conference and Retreat Centre which,
runs its own programme of courses. lectures and ¢vents, offering a wide range of speakers - including many well
known Christian leaders,
welcomes external groups (both on a residential and non-residential basis) that use the facilities of the Centr¢ to carry
out their own educational purposes. and
welcomes private gue5tg who are seeking a quiet place where they can have time and space OD their own, &5 well as a
rest.
This is summaris¢d in the Ammerdown Centre's strapline., 'Amm¢rdown - Hospitality, Peace and Reconciliation,.
The Amrnerdown Centre has identified its Core Values which are:
Inclusivity - Sustainable solutions can only be built by safely including all stakeholders, whatever their views and
whatever their past behavior. Participants. engagement wilh Ammerdown's Programme is always voluntary, willingly
made, and without pressure. Extra efforts often need to be made to include, when appropriate, those who are hard to
reach or who are on the margin5 of a conflict. Ammerdown commits in all its work to achieve a good diverse balance
amon8St program participants.
Non Vlolen¢e - Violence is counter-productive to the transforniation of conflict, and non-violent alternatives can be
developed which are both human¢ and sustainable.
Respect - Every human being, without exception, deserves to be trealed with equal respe¢t, and to have their dignity
upheld and their human rights respected.
Independence and Impartlality - Ammerdown does noi take Sides or promote specific solutions but rather acts &s an
indep¢ndent and impartial facilitator who, without judgement, helps to build and transforni relationships and aid
communities to fmd sustainable solutions.
Cgring - Ammerdown will show kindn¢5s and con¢¢rn for all of its Customers and visitors without question.
Dialogue - Dialogue is a kind of slow and thoughiful listening, combined with careful talking. It comes from a genuine
attitude of respect and curiosity, combined with a commitment to work on understandin8 and try to fu]d the Ihin lines
b¢tween agreement and disagreement.
Hospitslity - Ammerdown has deep routed.wam, friendly reception and treatment of guests or strangers, the quality of
receiving and treating guests and strangers at Ammerdown will be one of exrellenrx.
Spirituality - In modern times the emphasis is on subjective experience of a sacred dimension and the "deepest values
and meanings by which people live"
Social Justice - Anunerdown acts as a catalyst in giving a voice to the vulnerable. We help to break do￿ prejudices by
providing opportunities for diverse people within the community lo meei together and dialogue, and advocate for
change: empowering the vulnerable and enriching the community.
Page 2

THE AMMERDOWN CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Ammerdown's Vision and Mlssion Are:_
Vision Ammerdown believes in a Sh￿ed world: where diversity and differen( identities are cherished.. where all can
live free from the fear of violence, abuse and with dignity and respect. and where differences and conflicts are
transfonned peacefvlly.
Mission - Ammerdown is a Christian foundation which seeks to promote peace, justice, reconciliation and hope. We
provide opportunities for learning in a safe place of hospitality, where people of differing views and faiths ¢an engage in
dialogue and creativity and pursue their individual journeys of exploration, faith and prayer.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activitie5 the charity
should undertake.
STRATEGIC REPORT
Achievement And performance
The Trnstees have referred to the guidance in the Charity Commission's general guidance on public benefit when
reviewing the chartty's aims and objectives and in planning the Charity's future activities. In particular, the Trustees
have considered how planned activities will contribute to the aims and objectives they have set. The charity carries out a
wide range of activities in pursuance of its charitable aims. The Trustees consider that these activities all deliver public
benefit.
The Ammerdown Cours¢s planned for 2023 in¢luded Spiritual, wellbeing and Creative course4 as well as opportunities
to connect with and explore diff¢rence.
External bookings benefitted from a number of bookings being rolled forward from previous years where they were
cancelled due to COVID. Increased communication with the leadership of groups helped to transition groups back into a
public space with peace of mind. The group5 making bookings continue to predominantly be a diverse range of spiritual
groups.
Social Justice Activities including TLC, Cuppa and a Chat and Refreshing Days for Carers have enabled AnVn¢rd0￿ to
connect more strongly locally. Funds were also received from BANES to help the Centre support local refugees from the
Ukraine and provide Re￿ge¢ Meet Ups.
The course booking system, available through the website, was completed at the end of last year to enable ease of
bookin8. Social media and the now quarterly newsletter and programme, have ¢nsured mor¢ regular communication and
wid¢r contact.
Flnancial revlew
Principal funding sources
The Trustees can advise that The Ammerdown Centre ended the year with a deficit of £157.782. The economic
environment for conference and retreat centr¢5 has continued to be challenging due to the impact of COVID, particularly '
in the hospitality sector and with regard to the recruitment of slaff.
Investment policy and objectlves
The Finance. Risk and Audit Sub-commtttee is active 2nd the investment portfolio of the Ammerdown Centre has been
managed since 2012 by Old Mill Financial Planning Ltd. Old Mill sends quarterly reports and appointed members of the
Finance. Risk and Audit sub-committee meet once a year with a representative of Old Mill to review perforn)ance and
risks.
The reserv¢s that are not held in savings arrounts are currently invested in two separate funds managed by Old Mill..
- The Core Funds
- The Bursary Fund
The risk factors agreed with Old Mill for 2019 were:
- Risk Group 5 for the bursary funds
- Risk Group 3 for the core iThveslJnent fund5.
At 31 December 2023. the value of the portfolio was £331,141 (2022..£327,979)
Page 3

THE AMMERDOWN CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
STRATEGIC REPORT
Financial review
Reserves policy
The Trustees continue to be of the view, as recommended by the Charity Commission, the Ammerdown Centre should
maintain an appropriate level of free reserve5 (i.e. unrestricted funds not tied up in the charitabl¢ fixed assets). The
Trustees have decided that the free reserves should equate to at least six months, recurring overhead expendItt￿e i
order to ensure the continuity of operations in case of unforeseen events.
At 31 December 2023. the level of free reserves w&8 £254,964 (2022..£366,603), equivalent to 3 months (2022: 5
month5) of recuffing expenditlwe.
The Trustees will be working to restore reserves to six months over the course of the n¢xt few years and continue to
review each year the level of free reserves.
Future developments
There has been significant Eco investment in the gard¢n> gardening equipment and the installalion of electric car power
points. Ln addition, the cottage garden has been renovated and all the confereftce rooms have been painted,
There will be continued investment in the internal fabric of the centre in 2024.
STRUCTURE, GOVERNANCE AND MANACEMENT
Governing doeument
The charity is controlled by its governing documenl, a deed of trust, and constitutes a limited company, limited by
guarantee. as defined by the Companies Act 2006.
The Ammerdown Centre Ltd is a company limited by guarantee without a share capital (Company Number: 2685658),
governed by its Memorandum and Articles of Association dated l O February 1992 as amended by resolutions dated 12
May 1997, 26 November 2001 and 25 June 2007. It is a registered charity with the Charity Commission (registrarion
dated 3 April 1992, under the charity number l O I0244). The charitsble company is limited by guarantee, without share
capital, the guarantors being the Trustees to the exteni of £ l each. There were 8 members at rhe balance sheet date.
Recruitment and appointment of new trustee$
Each prospective Trustee is invited to attend at least ory¢ Tru5tees' Meeting and to meet with th¢ Chair of Tru5t¢es prior
to any appointment. This process will be reviewed in 2024.
Trustees recently appointed by the Board serve or have served as other charities and are therefore already will be aware
of their legal obligations under charity law,
Within the limits of availability and.distance, Trustees are encouraged to help out at the Centre. Thig provides them with
valuable opportunities to work alongside members of staff and volunteers, to gain insights into the day to day operations
of the Centre and also to meet and talk to guests.
Organisation81 structure
The Board of TNstees administers the charity. The whole Board nonnally meet5 five times a year.
Th¢ Trustees are in favour of forniing sub-conunittees when particular operational or strategic issues need to be looked
at in depth and would benefit from input from a wide range of experience and backgrounds. Typically, these
sub-committees are forn)ed on an ad-hoc basis over a short period of time and bring together members of the board, paid
staff and: if appropriate, people from outside the organisation. The sub-committees bring the outcome of their reflections
to the Board for discussion and, when necessary, fmal decision.
The only sub-committee that operate on an ongoing basis 15 the Finance. Risk and Audit Sub-committee.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02685658 (England and Wales)
Page 4

THE AMMERDOWN CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Registered Charity number
1010244
Registered offie¢
Ammerdown Park
Radstock
Somerset
BA3 5SW
Trustees
Ms S Ball Retired (appointed 12.9.23)
Ms C Boddington Director And Company Secretary (resigned 30.11.23)
Dr S J Burgess Retired
Ms S L Glanville Retired
J R E A Jolliffe BarTiSter (appointed 12.9.23)
Mrs D Jolliffe Property Mana8¢r (appointed 12.9.23)
G Powell Revd.
Rev N Tegally Minister Of Religion (appointed 12.9.23)
Revd Canon A M Townshend Retired
Independent Examiner
PG Owen Limited
Chartered Accountants
124 High Street
Mid50mer Norton
Bath
Avon
BA3 2DA
Solicitors
Stone King LLP
13 Queen Square
Bath
Somerset
BAI 2HJ
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees (who are also directors of the AMmerdO￿ Centre Limited for the purpose of company law) are
responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United
Kingdom Accounting SLindards (United Kingdom G¢n¢rally Acc¢pted Accounting PractiGe).
Company law requires the Tr￿leeS to prepare fmancial statements for each fmancial year. which give a true and fair
view of the slate of affairs of the company and of its incoming Tesour¢es and application of resources, including its net
income and exp¢nditure for the year.
In preparing those financial statements, the Trustees are required to..
Select 5uilable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed
and explained in the financial statements. and
prepare the f￿anCIal statements on the going concern basis unless it is inappropriate to presume that the charitable
company will continue in operation.
The Trustees are responsible for keeping adequate accounting record5 that are sufficient to show and explain the
charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the
charitable company and enable them to ensure that the financial starements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Page 5

THE AMMERDOWN CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Report of the trustees, incorporating a strategic report, approved by order of the board of trustses, a$ the company
directors, on 12 September 2024 and signed on the board's behalf by..
Dr S J Burgess - Trustee
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE AMMEIiDOWN CENTRE
Independent examiner'5 report to the trustees ofThe Ammerdown Centre ('the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.
Responsibilities gnd bAsi$ ol report
As the charity's trustee$ of the Company (and also its directors for the purposes of company law) you are r¢sponsibl¢ for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Acv).
Having satisfied myself that the accounts of the Company are not required ¢0 be audited under Part 16 of the 2006 Act
and are eligible for independent examination, I report in respect of my examination of your charitys a¢counts as Carried
out under Section 145 of the Charities Act 2011 {'the 201 l Act,). In carrying out my examination I have followed the
Directiotis given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity5 gross income exceeded £250.000 your examiner must be a member of a listed body. I can confirni
that l am qualified to undertake the examination because l am a tnember of the Inslitste of Chartered Accounlants in
England and Wales, which is one of the listed bodies.
I have completed my exatnination. I confm that no matters have come to my attention in connection with the
¢xamination giving fft¢ eau5e to b¢li¢ve:
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act: or
the accounts do not acGord with thos¢ r¢¢ords' or
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
the accounts have ftot been.prepared in accordance with the methods and principles of the Statement of
Recommended Pra¢¢i¢e for accounting and reporting by charities (applicable 10 charities preparing their accounts
in aGcordance 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 e[￿ble a proper understanding of the accounts to be reached.
lan D Gillard FCA FCCA DipPFS AIPW BFP
PG Owen Ltmited
Chartered Accountants
124 High Street
Midsomer Norton
Bath
Avon
BA3 2DA
12 September 2024
Owen
Limited
Page 7
Chafler8d Accouniants &
Financial Advisors

THE AMMERDOWN CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
Total
fi￿dS
2022
Total
funds
Unrestricted
fund
Restricted
nd
Endowment
fund
Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
10.476
5,128
15,604
46,837
Charitsbl¢ aetivities
Charitable activitie5
783.534
783,534
767.698
Other trading activities
Invesfment income
Other income
,263
27,245
6,548
8.263
27.245
6,548
28,895
17.014
26.879
Total
836,066
5,128
841,194
887,323
EXPENDITURE ON
Raising funds
10,112
10,112
6,S51
Charil4ble •ctlvitles
Charitable activities
984.321
8,869
993,190
881,555
Other
1,304
1,304
1,601
Total
995,737
8,869
1,004.606
889,707
Net gains/(losses) on
investments
3,369
2,261
5.630
(31,363)
NET
INCOME/(EXPENDITURE)
' (156,302)
(3,741)
2,261
(157,782)
(33,747)
RECONCILIATION OF
FUNDS
Total fwids brought fonvard
2,540,773
47.142
83,394
2,671,309
2,705,056
TOT AL FUNDS CARRtED
FORWARD
2,384,471
43,401
85,655
2,513,527
2,671,309
The notes forni part of these ffftancial statements
Page 8

THE AMMERDOWN CENTRE
. BALA]YCE SHEET
31 DECEMBER 2023
2023
Total
nds
2022
Total
nds
Unrestricted
fund
Resiricted
fund
Endowment
fimd
Note5
FIXED ASSETS
Tangible assets
Investments
Inveslmen¢s
Investment property
15
1,404,22S
1.404,225
1.453.233
16
17
249,835
810.937
81.122
330,957
810.937
325,327
810,937
2,464,997
81,122
2.546.119
2.589,497
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
18
19
4,359
40,063
53,983
4,359
40.063
101,917
19,371
58,830
135,638
43,401
4,533
98,405
43,401
4,533
146,339
213,839
CREDITORS
Amounts falling due within one
year
20
(178,931)
(178,931)
(132,027)
NET CURRENT ASSETS
(80,526)
43,401
4,533
(32,592)
81.812
TOTAL ASSETS LESS
CURRENT LIABILITIES
2,384,471
43,401
85,655
2,513,527
2,671,309
NET ASSETS
2,384,471
43,401
85.655
2,513,527
2.671,309
FUNDS
Unrestricted funds
Restricted funds
Endowment knds
21
2,384.471
43,401
85,655
2,540.773
47,142
83,394
TOTAL FUNDS
2,513,527
2,671,309
The charitable company 15 entitled to exemption from audit under Section 477 of th¢ Companies Act 2006 for the year
ended 31 December 2023.
The members have not required the company to obtain an audit of its financial ststements for the year ended
31 December 2023 in accordance with Section 476 of the Companie5 Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting ￿CordS that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing f￿ancIal slatements which give a true and fair view of the state of affairs of the charitable company as
at the end of each fmancial year and of its surplus or deficit for each fmancial 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.
{b)
The financial statements were approved by th¢ Board of Trustees and authorised for issue on 12 Sepiember 2024 and
were signed on its behalf by:
The notes forni part of these fmancial Statements
Page 9
continued...

THE AMMERDOWN CENTRE
BALANCE SHEET- continued
31 DECEMBER 2023
S J Burgess - Trustee
The notes forni part of these fmancial statements
Page 10

THE AMMERDOWN CENTRE
"CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash flows from operating activities
Cash generated from operations
(16.787)
29,311
Net cash (used inyprovided by operating activities
(16.787)
29,311
Cash tIows from investlng aetivlties
Purchase of tangible fixed assets
Interest received
(17.129)
195
(17.799)
109
Net cash used in investing activities
(16,934)
(17,690)
Cash flow5 from financing activlties
Repaynent of debentures
(34,110)
Net cash provided byl(used in) financing activitie5
{34,110)
Change In cwsh and cash equlvilents In
the reporting period
CA$h And eash equivllents at the
beginnlng of the reporting period
(33,721)
(22.489)
135,638
158.127
Cash and cash equlvalents at the ¢nd of
the reporting period
101,917
135,638
The notes form part of these financial statements
Pagell

THE AMMERDOWN CENTRE
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023
RECONCILJATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERA TING
ACTIVITIES
2023
2022
Net expenditure for the reporting period (as per the Statement of
Financial Aelivities)
Adjustments for:
Depreciation charges
(Gainylosses on investments
Loss on disposal of fixed assets
Interest rettived
Increase l(decrease) in deferred income
Decreasel(increase) in stocks
Decreasel(increase) in debtors
(Decrease)lincrease in creditors
(157,782)
(33,747)
66,135
(5,630)
67,449
35,155
287
{109>
(35,634)
(15,722>
(16,984)
28,616
(195)
50,543
15,012
18.767
(3,637)
Net eash (used in)/provlded by operations
(16,787)
29,311
ANALYSIS OF CHANCES IN NET FUNDS
At 1.1.23
Cash flow
At31.12.23
Net cR$h
Cash at bank and in hand
135,638
(33,721)
101,917
135,638
(33,721)
101,917
Total
135,638
(33,721)
101,917
The notes fomi part of these fmancial statements
Page 12

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
CHARITY INFORMATION
The Ammerdown Centre is a private company limited by guarantee incorporated in England and Wales. The
registered o￿lCe is Ammcrdown Park, Radstock, BATH. Somerset, BA3 5SW.
ACCOUNTING POLIC.IES
Basis of preparing th¢ financial statements
The [￿anCIal 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 Recotnmended Practice applicable to charities preparing Iheir aocounts in accordance with the Finan¢ial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l Jantwy 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard appli¢abl¢ in the UK and Republic of
Ireland, and the Companies Act 2006. The financial statements have been prepared under the hisrorical cost
convention, with the exception of investmeThts which are included at market value, ￿ modified by the revaluation
of certain assets.
Incoming resources
Income is recognised when the charity i5 legally entitled to it after any perfomance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of
the donation, unless perforniance conditions require deferral of the amount. Income tax recoverable in relation to
donations re¢eiv¢d under Gift Atd or deeds of covenant js recognised at the time of the donation.
Lesacies are recognised on receipt or oiherwise if the charity has been notified of 8n impending distribution, the
arnount is kno￿, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Income is only deferred when:
Fees are received in advance of the event to which the relate.
The donor specifies that the grant or donation must only be used in future accounting periods. and
- The donor has imposed conditions which must be me before the charity has unconditional entitlement.
Interest on fund5 held on deposit is in¢luded when receivable and the amount can be measwed reliably by the
charity" thi5 15 nonnally upon notification of the in*re51 paid or repayable by the Bank.
Income is measured at the fair value of the consideration received or receivable and represents amounts
receivable for goods and services provided in the nomal course of business, net of discounts, VAT and other
sales related t&xes.
Resources expended
Expenditure is recognised once there is È legal or constructive obligation to make a payinent to a third paty, it .1$
probably that settlement will be required and the amount of the obligation can be measured reliably.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of
disseminating information in support of th¢ Charitable activiti¢s. Support costs are those costs incurred directly in
support of eXpendIt￿e on the objecls of the charity and includ¢ project management Ca￿led out at Headquarters.
Governance cosls are those incU￿ed in connection with administration of the charity and compliance with
constitutional and ststutory requirements.
Grants payable are charged in the year when the offei is made except in those case5 where the offer is
conditional, such as grants being recognised as expenditure when the conditions attaching are fulfilled. Grants
offered subject to condition5 which have not been met at the year end are noted as a commitmenL but not
accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each ￿et over its estimated useful
life.
Land and buildings
20/0 on cost
Page 13
continued...

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS- tontinued
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES- continued
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
150/0 on reducing balance, IOO/o on cost and 50/ts on cost
250/0 on reducing balance and I S0/ts on reducing balance
Investment property
Investment property, which is property held to eam rentals andlor for capital appreciation. is initially recognised
ai cosl which includes the purchase c05t and any directly attributable expendittwe. Subsequently it is measured at
fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.
Stocks
Stocks are valued at the lower of cost and net reali5ablc value, after making due allowance for obsolete and Slow
'moving items.
Ta%Ation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted fund$ Can be used in acGordance 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 nacure and purpose of each fund is included in the notes to the f￿ancIal statements.
Pension cost$ and other post-retirement benefits
The charitable company operates a der￿ed contribuiion pension scheme. Contributions payable to the charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
DONATIONS AND LEGACIES
2023
2022
Donations and gifts
Legacies receivable
Grants received
Government grants
13,510
2,064
30
24,784
19,908
645
1,500
15,604
46.837
OTHER TrADINC ACTIVITtES
2023
2022
Activities for generating fund funds
8.263
28,895
Page 14
continued.,.

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
INVESTMENT INCOME
2023
2022
Rental income
nterest receivable
Income from listed investtnents
27,050
190
16,905
103
27,245
17,014
INCOME FROM CHARITABLE ACTIVITIES
2023
2022
Activity
Income resources from
charitable activities
Cottage rental income
Charitable activities
Charitable activities
767,187
16.347
749.708
17,990
783.534
767,698
RAISING FUNDS
ising donations and legaeies
2023
2022
Rental expendi
14,892
6,599
Other tr2dlng gctivltles
2023
2022
Other trading activities
(4,780)
(3,235)
Investment management ¢o$ts
2023
2022
lovestment man&gem¢nt
3,187
Aggreg&te amounts
10,112
6,551
Page 15
ontinued...

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities
(see note
Support
0Sts (See
note 10)
Direct
Costs
9)
Totals
Charitable activities
984,634
6,803
,753
993,190
GRANTS PAY ABLE
2023
2022
Charitsble activities
6,803
6,746
io.
SUPPORT COSTS
Governance
osts
Charitable activities
.753
11. NET iNCOME/(EXPENDITURE)
Net income/(expenditure) is stated after ChargIn￿(crediting).
2023
2022
Independent Examinels fee
Depreciation - owned assets
D¢ficit on disposal of fixed assets
1,750
66,137
1,700
67,449
287
12,
TRUSTEES, REMUNERATION AND BENEFJTS
There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for the year
ended 31 December 2022.
Trusttts, expenses
There were no tn￿tees, exp¢n5e5 paid for the year ended 31 Decemb¢r 2023 nor for the year ended
31 December 2022.
13.
STAFF COSTS
2023
2022
Wages and Salaries
Social security Costs
Other pension costs
421,445
24,456
6,419
284,405
58,131
4,273
452,320
346,809
The average monthly number of employees during the year was as follows..
2023
30
2022
25
Page 16
continued..

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
13.
STAFF COSTS- ¢ontinued
No employees received emoluments in excess of £60,000.
14.
COMPARA TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
fund
Endowment
nd
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
.40,645
6,192
46,837
Charitable activities
Charitable activities
767,698
767,698
Other trading activities
Investmeni income
Other income
28,895
17,014
26,879
28,895
17.014
26,879
Total
881,131
6,192
887,323
EXPENDITURE ON
Raising funds
6,551
6,551
Charitable actlvities
Charitable activitie5
877,322
4,233
881,555.
Other
1,601
1,601
Total
885,474
4,233
889,707
Net gainsl(losses)'on investtnents
(23,195)
(8,168)
(31,363)
NET JNCOMEI(EXPENDITURE)
(27,538)
1,959
(8,168)
(33,747)
RECONCTLIATION OF FUNDS
Total funds brought forward
2.568,311
45.183
91,562
2,705,056
TOT AL FUNDS CARRIED FORWARD
2,540.773
47,142
83,394
2,671,309
Page 17
continued...

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
15.
TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
Land and
buildings
Plant and
machinery
Totals
COST
At l January 2023
Additions
1,855.900
268,744
5,457
104,257
11,672
2.228,901
17,129
At 31 December 2023
1,855,900
274.201
115,929
2,246,030
DEPRECIATION
At l January 2023
Charge for year
605,879
36.918
117,528
13,30J
52,261
15,g18
775,668
66,137
At 31 December 2023
642,797
130.829
68.179
841,805
NET BOOK VALUE
At 31 December 2023
1,213.103
143,372
47,750
1,404,225
At 31 December 2022
.250.021
151,216
51,996
1,453,233
16.
FIXED ASSET INVESTMENTS
Materlal iDvestments
December
2023
122,292
16,956
37.027
Dimensional global short dated bond accumulation
L&G all stocks index linked gilt index tnjst l accumulation
L&G international index trust institutional accumulation
L&G UK index trust institutional accumulation
17.
INVESTMENT PROPERTY
FAIR VALUE
At l January 2023
and 31 Dec¢mber 2023
810,937
IYET BOOK VALUE
At 31 December 2023
810,937
At 31 December 2022
810,937
On 02 May 2018. the fair value of the investhient property was arrived at on the basis of a valuation carried out
by Allen residential nwal & country property letting agents, who are not connected with the Charity. The
valuation was made on an open market value basis by location and reference to market evidence of transaction
prices for similar properties. An has been applied by the directors at 31 December 2021 to Teflect the increase in
property prices in Somerset per th¢ UK House Price Index.
Page 18
continued...

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR EIYDED 31 DECEMBER 2023
18.
STOCKS
2023
2022
Stocks
4.359
19,371
19.
DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade debiors
Prepayments and accrued income
6,114
33,949
36,545
22.285
40,063
58,830
20. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade creditors
Social security and other taxes
Other creditors
Deferred income
Accruals and defe￿¢d income
60,442
20,186
1,1 10
87,524
9.669
64,252
20,754
1,037
36,981
9,003
178,931
132,027
21.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted (unds
General fund
2,540,773
(156,302)
2,384,471
Restricted fund$
Restricted funds
47,142
(3,741)
43,401
Endowment funds
Endowment funds
83,394
2,261
85.655
TOTAL FUNDS
2,671.309
(157,782)
2,513,527
Page 19
continued..

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
21.
MOVEMENT IN FUNDS- continued
Nel movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
1055es
Movement
in funds
Unrestricted funds
General fund
836,066
(995,737)
3,369
(156.302)
'Re5tricted fund$
Restricted funds
5,128
(8,869)
(3,741)
Endowfflent funds
Endowment funds
2,261
2,261
TOTAL FUNDS
841,194
(1.004,606)
5,630
(157,782)
Comparatives for movement in funds
Net
movement
in funds
At
31.12.22
At 1.1.22
Unrestrlcted funds
General fund
2,568,311
{27.538)
2,540,773
Restricted funds
Restricted funds
45,183
1,959
47,l42
EDdowment funds
Endowrnent funds
91,562
(8,168)
83,394
TOTAL FUNDS
2.705,056
(33,747)
2,671.309
Comparative net movement in fimds, included in the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in ￿ndS
Unrestricted funds
General fund
881,131
(885,474)
(23,195)
(27,538)
Restricted funds
Restrict¢d fund5
6,.192
(4,233)
1,959
Endowment funds
Endowment fLmds
(8.168)
(8,168)
TOTAL FUNDS
887,323
(889,707)
(31,363)
(33,747)
Page 20
continued..

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
21.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in fijnds
At
31.12.23
At 1.1.22
Unrestricted funds
General fund
2,568,311
(183,840)
2.384,471
Restrlcted funds
Restricted funds
45,183
(1,782)
43,401
Endowment funds
Endowment funds
91,562
(5,907)
85,655
TOTAL FUNDS
2,705,056
(191.529)
2,513,527
A CLwrent year 12 months and prior year 12 months cornbined net movement in fvnds, included in the above are
as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
UDr¢stri¢ted funds
General fund
1,717,197
(1,881,211)
(19,826)
(183,840)
Restrieted fund$
Restricted funds
11,320
(13,102)
(1,782)
Endowment funds
Endowment ￿ndS
(5.907)
(5,907)
TOTAL FUNDS
1,728.517
(1.894.313)
(25,733)
(191,529)
22.
RELA TED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
23.
RESTRICTED FUNDS
The income fimds of the charity include restricted fjjnds comprising the following unexpended balances of
donations and grants h¢ld on trust for specific purpose5".
Page 21
continued...

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
23.
RESTIUCTED FUNDS- continued
Movement in Funds
Balance at I
Incoming
Resource5
January 2023 Resources
Expanded
Balance at 31
Transfers December 2023
Chapel Fund
Peace Garden
Interfaith Project
Toilet Twining
Ken Biggs Mernorial Garden
50th Birthday Fund
Lord Hylton
Ukraine Appeal
Bar & Conference Chairs
20
410
35.233
(20)
(410)
35,233
120
120
{120>
(2,151)
(2,471)
3,869
2,471
5,000
139
1,838
5,000
3,363
1.525
(3,502)
(195)
1,330
47,142
5,128
(8,869)
43.401
Prior Year
Movement in Funds
Incoming
Resources
"Resources
Expanded
Balance at I
January 2022
Balance at 31
Transfers December 2022
Chapel Fund
Peace Garden
Interfaith Project
Toilet Twinnin
Ken Biggs Memorial Garden
50th Birthday Fund
Lord Hylton
Ukraine Appeal
20
410
38,247
20
410
35,233
(3,014)
(559)
(631)
(29)
553
500
4,000
2,500
3,869
2,471
5,000
139
.5,000
139
45,183
6,192
(4,233)
47,142
Page 22