Registered number: 02911113
Charity number: 1036877
THE ANNE DYER FOUNDATION
(A company limited by guarantee)
UNAUDITED
DIRECTORS, &TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the Charity, its Trustees, and advisors
Dlrectors, and Trustee5' report
Independent Examinerfs report
Statement of Financial Activities
Balance Sheet
10
Notes to the financial statements
11-20

THE ANNE DYER FOUNDATION
IA company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 August 2024
Trustees
Ms J M Barr Chair
Miss A W 5 Dyer
Ms A Gooding
Ms J Heaney
Ms J Hedges
Mr RJ l Morris
Mr J T Leese (appointment terminated 07 Nov. 2023 due to
death)
Company reglstered
Number
02911113
Charity registered
Number
1036877
Reglstered offlce
Westhope College
Craven Arms
Shropshire
SY7 9JL
Accountant
B. Hilliard FCA
Chartered Accountant
Sandford Lodge
Clive Avenue
Church Stretton
SY6 7BS
Bankers
Lloyds Bank
PO Box 1000
Andover
BXI ILT
Investment Managers
Quilter Cheviot
Senator House
85 Queen Victoria Street
London
EC4V 4A8

THE ANNE DYER FOUNDATION
IA company limited by Euarantee)
DIRECTORS, AND TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees Iwho are a150 directors of the Charity for the purposes of the Companies Act) present their
Annual Report together with the fir)ancial statements of The Anne Dyer Foundation Ithe Charity) for the year
ended 31 August 2024. The Trustees confirm that the Annual Report and financial statements of the companv
comply with current statutory requirements, the requirements of the Charity's governing document and the
provisions of the Financial Reporting Standard applicable to the UK and Republic of Ireland IFRS 1021 (effective
l January 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
Structure, Governance and Management
Constitution
The Charity is registered as a charitable company limited by guarantee.
The Charity is constituted under a Memorandum of Association under a Trust deed dated 22 March 1994, as
amended by special resolution dated 19 June 1996 and is a registered charity, number 1036877.
Method of Appolntment or Electlon of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the
term5 of the Trust deed and Articles of Association.
Prospective Trustees are made aware of the aims, objectives, and activities of the Charity before their
appointment.
Where specif ic duties are required of Trustees, the charity looks to appoint people with the appropriate
experience.
PollcSes Adopted for the Inductlon and Tralnlng of Trustees
Once appointed, Trustees are given Charity Commission booklet CC3 "The Essential Trustee.. What you need to
know" and offered appropriate training where it is thought this might help.
Or8anSsatlonal Structure and Declslon Maklng
The day-to-day control of the Charitable Company's operations is exercised by the General Manager of
Westhope College (part of the Anne Dyer Foundation).
Rlsk Management
The charitable company aims to manage risk in accordance with guidance from the Charity Commission on risk
management ICC261. The Trustees have assessed the major risk5 and are satlsfied that Systems and procedures
are in place to mitigate against identified risks.
The building from which the Charity operates is held on a full repair and maintenance lease from the Founder/
Trustee on a peppercorn rent for a period of 20 years commencing in 2010. Due to the age of the building,
there is the potential that such repairs and maintenance could have a material impact on the finances of the
Charity. In mitigation of this risk the trustees are currently seeking to renegotiate the lease with the lessor.

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
DIRECTORS, AND TRUSTEES, REPORT {contlnuedl
FOR THE YEAR ENDED 31 AUGUST 2024
Aims and Objectives
The aim of the Charity is education and the promotion of high standard5, principally of crafts, craftsmanship,
some other subjects, and the relief of persons in need.
In developing its activities to promote the Charity's aims, the Trustees have paid due regard to the Charity
Commission revised guidance in respect of public benefit requirements.
The activities are carried out through the running of Westhope College which offers residential and non-
residential courses in craft and other subjects. Bursaries are awarded according to an agreed recognised
criterion.
The Trustees strive to reduce costs where possible in recognition of the Charity's responsibility to address the
balance of income and expenditure.
Achlevements and Performance
Revlew of Actlvltles and Future Developments
Westhope College (Anne Dyer Foundation) continues to build on its reputation as a Centre of excellence for
the arts and crafts. It offers a broad programme of high quality day and accredited courses that are often
oversubscribed. It attracts students and visitors from the local area and, increasingly, from throughout the UK
and beyond. Its location in the Shropshire Hllls Area of Outstanding Natural Beauty is appreciated and valued
by visitors who return time after time for residential retreats and courses in arts and crafts that they have
organized for their groupslsome for weekends, other5 for Ion8erl. There are 11 group bookings in this
financial year, and it is anticipated that these will increase again next year following a significant number of
requests for information about facilities, c05t5 and available date5. The College is also developing as a venue
for musicians and instrument makers. Feedback from students is consistently excellent.. this is a typical
comment.. "The perfect way to spend a day. Excellent tuition, materials and venue. l am going home to book
another course"
The Charlty is mindful of the importance of being widely accessible in terms of the creative opportunities that
it offers to potential students and is committed to broadening access as much as it can. It is keenly aware of
the health benefits of craft activitie5, (the 'act of doing" the social opportunitie5 that it offers and, in some
cases, the potential for gainful employment in the creative industries. this might be as a maker, tutor or bothl.
It has a small bursary fund for day courses and offers its accredited course students the opportunity to spread
their course fees over the duration of their course. Additionally, it has residential accommodation option5 to
suit all budgets and the increasing numbers of students who travel from throughout the UK to attend their
course.
The accredited course programme that was launched in April included two City & Guild Level 2 Basketry
courses. All places were quickly filled, and a third course was added to the programme and all places taken.
Additionally, the two year City & Guilds Level 3 Basketry Diploma, which is exclusive to Westhope College,
filled quickly. Westhope College has made a significant contribution to the growing interest in basketry in the
UK in recent years and its removal from the Heritage Craft Association IHCAI Endangered Craft List. Westhope
College is a member of HCA and is keen to promote endangered craft in its course programme and to continue
to play its part in safeguarding traditional craft skills for future generations. The City & Guilds Level 2 Glas5
course also attracted pleasing numbers this year and the Charity will build on this interest. It continues to
research additional courses to add to the accredited programme.
Westhope College held its annual Open day in July when it celebrated the achievements of its graduating
students with family and friends and showcased its activities to the wider community. Feedback from visitors

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
OIRECTORS, AND TRUSTEES, REPORT Icontlnuedl
FOR THE YEAR ENDED 31 AUGUST 2024
was very positive and comments included "wonderful display5"
"so much talent"
amazing" and "we enjoyed a peaceful walk around the gardens"
"refreshments were
Effective financial management, together with sound strategic planning, will ensure that the charity is a going
concern for the foreseeable f uture. The Trustee5 have reviewed the Charity's investment strategy and
management of the fund by Quilter Cheviot. It has been agreed that the portfolio should be moved to The
Quilter Cheviot Global Income and Growth Fund (the Charity Fund) with its potential for increased returns and
savings in the annual cost of the portfolio. Additionally, the Trustees are mindful of the burden on the Charity
of any necessary repairs to the building which. under the terms of the current lease, are the responsibility of
the Charity. Discussions are taking place between Trustee5 and the landlord to renegotiate the terrns of the
lease.
A diagnosis of a serious health condition in September resulted in the College Manager working remotely for a
number of months. During the year, incoming resources from charitable activities increased slightly on the
previous year. At the same time, expenditure on those activities was contained. The Charity is resilient, has a
clear strategy for growth and the resources and commitment of all staff to achieve it. This was clearly
demonstrated during the period.
Westhope College will continue to develop it5 programme of workshops in response to students, interests and
prevailing trends. It will bvild both its increasing reputation as a destination for groups who are seeking a
venue for their arts, craft and musical activities and for the provision of high quality accredited courses. It has
plans to launch a programme of talks in related subject5 and will be developing thi5 throu8hout the next year.
The focus will remain on those core activities for which Westhope College enjoys an enviable reputation.
Investment PolScy and Performance
The Memorandum and Articles of Association permit the investment of surplu5 funds and the delegation of
such powers to a professional investment manager.
The Charity ha5 engaged Quilter Cheviot as investment managers under an agreement which specifies no
investments to be undertaken in organisations involved in the arms trade and no new investment to comprise
more than 5% of the portfolio.
During the financial year the Tr Ustees after obtaining appropriate independent financial advice approved the
disposal of the Quilter investment portfolio in individual a55et classes and the reinvestment of the proceeds in
purchasing Units in the Quilter Global Income and Growth Fund for Charitie5.
Investment income for the year wa5 £4,96312023.' £5,032)
Disposal of investments during the year realised a net gain of £10.84712Q23.. Net loss1£1,78911. The unrealised
net gain on revaluation of investments held at the 31 August 2024 amounted to £2,559131 August 2023..
unrealised net loss1£5,8541. After drawdown of £ 19,000 during the financial year1£2023.. Drawdown £45,000)
the portfolio valuation decreased by1£6,9741 to £169,394 at 31 August 2024 from £176,368 at 31 August
2023.12023.. decrease in investment value1£54,55211.
The performance of the investment5 is kept under constant scrutiny by the investment mana8er5.

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
DIRECTORS, AND TRUSTEES, REPORT (continued)
FOR THE YEAR ENDED 31 AUGUST 2024
Going Concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to
adopt the "going concern" basis in preparing the f inancial statements. Further details regardin8 the adoption
of the "going concern" basis can be found in the Accounting Policies.
Flnanclal Revlew
Net Expended resources before gainslllossesl on disposal and revaluation of investments amounted to a
deficit of1£65,8571 for the year12023'. Net Expended resources1£55,9221. The def icit is arrived at as follows:
Income £198,45412023.. £210,490), less expenditure £264,31112023: £266,412). After a realised net gain on
disposal of investments £10,84712023'. Net loss1£1,7891 and unrealised net gain on revaluation of investments
held at 31 August 2024 £2,55912023'. Unrealised net loss1£5,85411, the net Expended movement in funds for
the year was1£52,451112023.' Net Expended1£63,5651
Reserves Pollcy
The Trustees have established a reserves policy whereby the Charity's unrestricted funds not committed or
invested in tangible fixed assets, i.e. the 'free reserve5" held by the Charity should equate to a target level
equivalent to three month's budgeted expenditure for year ended 31 August 2025, plus an estimate of the
current liability for redundancy pay for existing staff. The revised reserve5 target level of three months is
calculated at £109,000 on 31 August 2024. (At 31 August 2023.. £100,540). The operating budget for the year
ended 31 August 2025 has a planned deficit of1£24,000112023'. Planned Budget def icit for year ended 31
August 20241£44,0001. Actual reserves will be reviewed against the target level throughout the next financial
vear to determine what, if any, action is required to spend down or build reserves.
Free reserves at 31 August 2024 amounted to £149,957, a surplus of £40,957 over the revised target reserves
amount of £109,000 for 2025. The actual free reserves at 31 August 23 were £184,679, a surplus of £84, 139
over the 2024 target reserves amount of £100,540.
Trustees, Responslbllltles Statement
The Trustees (who are also directors of The Anne Dyer Foundation for the purposes of company lawl are
responsible for preparing the Trustees, report and the financial staternents in accordance with applicable law
and United Kin8dom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each f inancial year. Under company
law the Trustees must not approve the f inancial statements unless they are satisfied that they give a true and
fair view of the State of affairs of the charitable company and of the incoming resources and application of
resources. including the income and expenditure, of the charitable company for that period. In preparing these
financial statements, the Trustees are required to..
Select suitable accounting policies and then apply them con51Stently,'
Observe the methods and principles in the Charities SORP,.
Make judgements and accounting estimates that are reasonable and prudent,.
Prepare the financial statements on the going concern basis unle55 It 15 inappropriate to presume
that the charitable company will continue in operation.

THE ANNE DYER FOUNDATION
(A company limited by Euarantee
DIRECTORS, AND TRUSTEES, REPORT Icontinuedl
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees are responsible for keeping adequate accounting record5 that are sufficient to show and explain
the charitable company'5 transactions and disclose with reasonable accuracy at any time the financial position
of the charitable company and enable them to ensure that the financial statements comply with the
Compariies Act 2006.
They are also responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prever)tion and detection of fraud and other irre8ularities. In preparing this report.
the Trustees have taken advantage of the small companies, exemption provided by section 415A of the
Companies Act 2006.
This report was approved by the Trustees on 13 February 2025 and signed on their behalf by..
JMBarr
Chair

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
Independent Examiner's Report to the Trustee5 of The Anne Dyer Foundation
I report on the financial statements of the Charity for the year ended 31 August 2024 which are set
out on pages 9 to 20. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted
Accounting Practice, including FRS 102 "The Financial Reporti ng Standard appl icable in the U K and
Republic of Ireland")
The report is made solely to the Charity's Trustees, as a body, in accordance with section 145 of the
Charities Act 2011 and regulations made under section 154 of that Act. My work has been
undertaken so that I might state to the Charity's Trustees those matters l am required to state to
them in an independent examiner's report and for no other purpose. To the fullest extent permitted
by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's
Trustees as a body, for my work or for this report.
Respectlve Responslbllltles of Trustees and Examlner
The Trustees, who are also the directors of the company for the purposes of company law, are
responsible for the preparation of the f inancial statements. The Trustees consider that an audit is
not required for this year under section 14412} of the Charities Act 2011 Ithe Act) and that an
independent examination is needed.
Having satisfied myself that the company is not subject to audit under charity or company law and is
eligible for independent examination, it is my responsibility to.,
examine the financial statements under section 145 of the Act.
follow the procedures laid down in the general directions given by the Charity Commission
under section 14515llbl of the Act. and
state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the gener31 directions given by the Charitv
Commission. An examination includes a review of the accounting records kept by the Charity and a
comparison of the fina ncia I statements presented with those records. It also includes consideration
of any unusua l items or disclosures in the financial statements and seeking explanations f rom you as
Trustees concerning any such matters. The procedures undertaken do not provide all the evidence
that would be required in an audit, and consequently no opinion is given as to whether the financial
statements present a "true and fair view" and the report is limited to those matters set out in the
statement below.

THE ANNE DYER FOUNDATION
IA company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (Continued)
FOR THE YEAR ENDED 31 AUGUST 2024
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
111 which gives me reasonable cause to believe that in any material respect the requirements..
to keep accounting records in accordance with section 386 of the Companies Act
2006,. and
to prepare financial statements which accord with the accounting records and comply
with the accounting requirements of section 396 of the Companies 2006 and with the
methods and principles of the Statement of Recommended Practice and Reporting bv
Charities
have not been met; or
{2} to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the financial statements to be reached,
Signed:
Dated: 13 February 2025
B. Hilliard FCA

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2024
(including Income & Expenditure Account)
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
rotal
funds
2023
Note
INCOMING RESOURCES
Incoming resources from generated
funds:
Voluntary income
Investment income
Incoming resources from charitable
activities
Other incoming resources
TOTAL INCOMING RESOURCES
12,168
4,963
12,168
4,963
29,280
5,032
180,793
180,793
175,357
530
530
821
210,490
198,454
198,454
RESOURCES EXPENDED
Charita ble activities
Governance costs
TOTAL RESOURCES EXPENDED
262,923
1,388
264,311
262,923
1,388
264,311
264,106
2,306
266,412
io
NET {EXPENDED) I INCOMING
RESOURCES BEFORE TRANSFERS
Transfers between funds
(65,857)
(65,857)
{55,922J
18
NET (EXPENDED)/ INCOMING
RESOURCES BEFORE INVESTMENT
ASSET DISPOSALS
Net realised gain/ (loss} on disposal of
investment assets
(65,857)
{65,857)
(55,922)
15
10.847
10,847
(1, 789)
NET (EXPENDED) / INCOMING
RESOURCES BEFORE REVALUATIONS
U nrealised net ga in/ Ilossl on
revaluation of investment assets
(55,010)
{55,010)
(57,711)
15
2,559
2,559
(5,854)
NET MOVEMENT IN FUNDS FOR THE
YEAR: IEXPENDED) / INCOMING
152,451)
(52,4511
{63,565)
Total Funds at 15eptember 2023
TOTAL FUNDS AT 31 AUGUST 2024
18
18
304,144
251,693
304,144
251,693
367,709
304,144
The notes on pages 11 to 20 form part of these financial statements.

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
Registered number.. 02911113
BALANCE SHEET
AS AT 31 AUGUST 2024
2024
2023
Note
FIXED ASSETS
Tangible assets
Investments
14
15
101,736
169,394
271,130
119,465
176,368
295,833
CURRENT ASSETS
Stocks
Debtors and prepaid expenses
Cash at bank and in hand
500
2,758
10,795
14,053
500
3,436
32,849
36, 785
16
CREDITORS & Deferred Income:
amounts falling due within one year
17
133,4901
(28,474)
NET CURRENT ILIABILITIESI IASSETS
{19,437)
8,311
TOTAL ASSETS
251,693
304,144
CHARITY FUNDS
General funds
Restricted funds
18
18
251,693
304,144
TOTAL FUNDS
251,693
304,144
The Trustees consider that the company is entitled to exemption from the reouirement to have an audit under the
provisions of section 477 of the Companies Act 20061 the Act") and members have not required the Charity to obtain an
audit for the year in question in accordance with section 476 of the Act.
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with
respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs
of the Charity as at 31 August 2024 and of its net resources for the year in accordance with the requirements of sections
394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, 50 far as applicable to the Charity
The financial statements have been prepared in accordance with the provisions applicable to small companies within Part
15 of the Companies Act 2006.
The financial statements were approved by the Trustees on 13 February 2025 and signed on their behalf by..
J M Barr Chair:
The notes on pages 11 to 20 form part of these financial statements.
io

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
ACCOUNTING POLICIES
Basis of preparation of the financial statements
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing thei r accounts in
accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland IFRS
1021 {effective l January 20191 Icharities SORP IFRS 10211, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
The Anne Dyer Foundation meets the definition of a public entity under FRS 102. A55ets and
liabilities are initially recognised at historical cost or transaction value unles5 Otherwise stated in the
relevant accounting policy note.
Company status
The Charity is a company limited by guarantee. The members of the company are the Trustees
named on page l. In the event of the Charity being wound up, the liability in respect of the
guarantee is limited to £1 per member of the Charity.
Fund accounting
General f unds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specif ic restrictions imposed by
donors or which have been raised by the Charity for particular purposes, The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the fi nancial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Incomlng resources
All incoming resources are included in the Statement of Financial Activities when the Charity has
entitlement to the funds, probability of receipt and the amount can be measured with sufficient
reliabilitv.
Donated services or facilities, which comprise donated services, are included in income at
valuation which is an estimate of the financial cost borne by the donor where such a cost is
quantifiable and measurable. No income is recognised where there is no financial cost borne by a
third partv.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
li

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
ACCOUNTING POLICIES (Continued)
Resources expended
Expenditure is accounted for on an accruals basis and has been included under expense categories
that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to
particular activities, they have been allocated on a basis consistent with the use of the resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the
company and include project management carried out at headquarters. Governance costs are those
incurred in connection with administration of the company and compliance with constitutional and
statutory requirements.
Going concern
The Trustees believe the company has suff icient liquid unrestricted funds to continue in operational
existence for the foreseeable future and twelve months from the date of authorisation of these
financial statements.
The financial statements have been prepared on a going concern basis as the trustees believe no
material uncertainties exist. The Trustees having considered the f inancial position and projected
future cash flows covering twelve months forward and the budget for the next financial year, are
conf ident the charity has sufficient liquid unrestricted funds to continue as a going concern for the
foreseeable future, being twelve months from the authorisation of these financial statements.
Tangible fixed assets and depreciation
Tangible f ixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated
to write off the cost of f ixed assets, less their estimated residual value, over their expected useful life
on the following basis:
Heating Plant
Fixtures and Fittings
IOO/o Straight line
25% stra ight line
Investments
Investments are recognised initially at fair value which is normally the transaction price excluding
transaction costs. Subsequently they are measured at fair value with changes recognised in 'net
gains / Ilossesl on investment, in the SOFA if the shares are publicly traded or their fairvalue can
otherwise be measured reliably.
Stock5
Stocks are valued at the lower of cost and net reali5able value after making allowance for obsolete
and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and
variable overhead.
12

THE ANNE DYER FOUNDATION
(A company Itmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
VOLUNTARY INCOME
Unrestricted
funds
2024
Restrlcted
funds
2024
Total
funds
2024
Total
funds
2023
Donations
Gift Aid
3,180
8,988
12,168
3,180
8,988
12,168
29,280
29.280
INVESTMENT INCOME
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Total
funds
2024
Total
funds
2023
Investment income from
listed investments
4,963
4,963
5,032
INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
Unrestricted
funds
2024
Restrlcted
funds
2024
Total
funds
2024
Totol
funds
2023
Courses and
accommodation fee5
180,793
180,793
175,357
OTHER INCOMING RESOURCES
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Total
funds
2024
Totol
fund5
2023
Solar energy
530
530
530
530
821
821
13

THE ANNE DYER FOUNDATION
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
EXPENDITURE BY CHARITABLE ACTivir
SUMMARY BY FUND TYPE
Unrestricted
funds
2024
Restrlcted
funds
2024
Total
funds
2024
Total
funds
2023
Direct cost5 INote 81
Support costs (Note 91
211,349
51,574
211,349
51,574
206,451
57,655
262,923
262,923
264,106
SUMMARY BY EXPENDITURE TYPE
Staff costs
2024
other costs
2024
Total
2024
Total
2023
Direct costs (Note 81131
Support costs INote 91
131,781
79,568
51,574
211,349
51,574
206,451
57,655
131,781
131,142
262,923
264,106
GOVERNANCE COSTS
Unrestrlcted
2024
Restrlcted
2024
Total
2024
Total
2023
Accountancy
Legal and professional fees
140)
1,428
{40)
1,428
350
1956
1,388
1,388
2,306
14

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
DIRECT COSTS
Total
2024
Total
2023
Direct costs
Wages & salaries
Employer National Insurance
Employer Pension Contribution
Tutorial fees
Course materials
Travel
Registration fees City & Guilds
Board & refreshments
Irrecoverable VAT
Exhibition costs
125,937
3,378
2,466
46,894
6,476
1,400
4,352
20,306
125,937
3,378
2,466
46,894
6,476
1,400
4,352
20,306
127,457
3. 783
2,389
46,016
8,569
2,186
3,330
13,982
(1,338)
77
206,451
140
211,349
140
211,349
SUPPORT COSTS
Support
costs
Total
2024
Total
2023
Insurance
Rates
Heat and light
Printing, stationery, and postage
Telephone and internet
Advertisin8 and public relations
Photocopier hire and maintenance
Property repairs and maintenance
Health and safety
IT expenses
Bank charges
S(Jndry expenses
Depreciation (Note 141
5,827
1,820
11,667
402
2,913
5,827
1,820
11,667
402
2,913
5,500
1,619
14,983
258
5,232
1,708
2,242
2,459
2,867
1,766
166
17,729
51,574
1,708
2,242
2,459
2,867
1,766
166
17,729
51,574
1,477
1,551
4,022
3,120
2.000
164
17.729
57,655
15

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
io.
ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE
Staff costs
2024
Other costs
2024
Total
2024
Total
2023
Direct costs (Note 8 & 131
Support costs (Note 91
Governance (Note 71
131,781
79,568
51,574
1,388
211,349
51,574
1,388
206,451
57,655
2,306
131,781
132,530
264,311
266,412
ii.
ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES
Actlvltles
undertaken
dlrertlv
2024
Support
costs
2024
Total
2024
Totol
2023
Direct Costs INote 81
Support costs INote 91
Zll,349
211,349
51,574
206,451
57,655
51,574
211,349
51,574
262,923
264,106
12.
NET INCOMING RESOURCES
This is stated after charging:
2024
2023
Depreciation of tangible fixed assets..
owned by the charity
17,729
17,729
16

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
13.
STAFF COSTS
Staff costs were as follows:
2024
2023
Wages and salaries
(Note 81
Employer National Ir15urance (Note 81
Employer Pension Contribution INote 81
125,937
3,378
2,466
131,781
127.457
3, 783
2.389
133,629
The average monthly number of employees during the year wa5 a5 follows..
Full time staff 2 and part time staff 512023.. Full time 2 and parttime 61
No.
No.
13 {a) TRUSTEE REMUNERATION AND RELATED PARTY TRANSACTIONS
There were no related parties transactions during the financial year.
No trustee, nor any person connected with them, has received or is due to receive any remuneration or
benefit in kind for the period, directly or indirectly from the Charity's funds.
No expenses have been reimbursed to any of the Trustees in their role as Trustees.
14.
TANGIBLE FIXED ASSETS
Heatlng
Plant
Furnlture
and
Flttlngs
Total
Cost
At I September 2023
Additions
165,697
105,874
271,571
At 31 August 2024
165,697
105,874
271,571
Depreclatlon
At I September 2023
Charge for the year
49,710
16,570
102,396
1,159
152,106
17,719
At 31 August 2024
66,280
103,555
169,835
Net book value
At 31 August 2024
99,417
2,319
101,736
At 31 August 2023
115,987
3,478
119,465
17

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
15.
FIXED ASSET INVESTMENTS
Listed
securltles
Market value
At I September 2023
Purchases
Disposals
Movement on cash balance5
Realised net profit on disposals
Revaluations - unrealised net profit
Management fees
At 31 August 2024
176,368
180,845
1197,6251
12,220)
10,847
2,559
11,380)
169,394
Investments at market value comprlse:
2024
2023
Cash
Alternative Investments - Property
Quilter Global Income and Growth
Fund 139,817.269 Units
1,240
7,085
4,617
7,506
161,069
164,245
All fixed asset investments are held in the UK,
16.
OE8TORS ANO PREPAID EXPENDITURE
2024
2023
Debtor5
751
994
Prepaid expenses including accrued investment
income £86512023.. £5991
2,007
2,442
2,758
3,436
17.
CREDITORS
Amounts falling due within one year
2024
2023
Trade creditors
VAT
Accrued expenses
Deferred course income
134)
407
7,657
25,460
33,490
50
4,661
23, 763
28,474
18

THE ANNE DYER FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
18. STATEMENT OF FUNDS
Brought
Forward
01.09.23
Carried
Forward
31.08.24
Incomlng
resources
Resources
Expended
Transfers
Inlout
Gainsl
(Losses)
Deslgnated funds
Designated funds
General funds
Revaluation
reserve
General reserve
34,698
130,970)
3,728
269,446
198,454
1264,311)
30,970
13,406
247,965
304,144
198,454
(264,3111
13,406
251,693
Total
unrestrlcted
funds
304,144
198,454
1264,311)
13,406
251,693
Restrlcted funds
all funds
Total funds
304,144
198,454
1264,311)
13,406
251,693
The revaluation reserve represents the excess of the investment portfolio valuation at 31 August 2024 over
book cost.
19

THE ANNE DYER FOUNDATION
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
SUMMARY OF FUNDS
Brought
Forward
01.09.23
Incoming
resources
Resources
Expended
Transfers
Inlout
Gains/
(Losses)
Carried
Forward
31.08.23
Designated funds
General funds
304,144
304,144
198,454
198,454
1264,311)
1264,311)
13,406
13,406
251,693
Z51,693
Restricted funds
304,144
198,454
1264,311)
13,406
251,693
19.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Total
funds
2024
Total
funds
2023
Tan8ible fixed assets
Fixed asset investments
Current assets
Creditor5 due within one year
101,736
169,394
14,053
133,4901
101,736
169,394
14,053
{33,4901
119,465
176,368
36,785
(28,474)
251,693
251,693
304,144
20