REGISTERED COMPANY NUMBER: 03250972 {EnglaDd aDd Wales)
REGISTERED CHARJTY NUMBER: 1058294
FINANCIAL STATEMEP4TS
FOR THE'YEAR EIYDED 31 MARCH 2025
FOR
S.P.A. (PEGGY DODD) BATH
Owen
Limited
Chartered Accountants &
Business Advisors

S.P.A. (PEGGY DODD) BATH
STIL4TEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Chair's Report
Looking back over the year theTe is a feeling within th¢ charity that a lot of good work has gone on in the different areas
in wbich we are involved. The Peggy Dodd C¢ntre itself Colltinues to be a place where high standards are achieved by
the conllnitted care staff, both those who are part of the salaried tearn and those who volunt¢¢r- in the latter group we
have been delighted to welcome several local Sixth Forniers, who have proved to be invaluable. The cli¢Dts are very
grate￿1 for the way the staff are prepared to go the extra mile, and we have received a number of appreciative comments
during the year from both clients and carers. This has led to several legacies, which have proved extremely useful.
AlongsidB die work &1 the Ceiitre is tbe Home Support serrice, which has been busy during the y¢2r as sitters have been
¢aring for those wliose pcrsonal circuTnstances rncan t'hat staying at horne is the most appropriate way for their needs to
be managed. OUT home sitters are dedicatcd and carin& and provide excellent care as well as enabling carers to have
some respite.
The Dementia Café is an area of which we are justly proud. Each month those living with dementia Can receive extra
support, but it is perhaps the carers who benefit the most as they are able to discus5 their needs with others, and to
i¢¢eive vital support.
We would like to acknowledge the support we have received from senior conunissioning staff at B&NES and HCRG
over tbe year. The lo¢al Council Core contsct with HCRG for the Day Centre lasting until 31 March 2025 has been
extended to 31 March 2026. which continues to give us a sound financial platforni for both the immediate aDd the longer
period.
I would like to take this oppOrtt￿ity to thank my fellow Tnlstees for all they Contribute. We were sad to lose Mr5
Margaret Klestadt during the year. Margaret gave many years of unstinting service to Peggy Dodd, and was particularly
active in setting up our Dementia café. We have, however, been boost¢d by the arrival of Mr David Hughesdon, whose
knowledge and financial acumen are already noticeable.
Thanks are also due to Mr Ricky Bush, our CEO. who leads the team with enthusiasm. dedication and considerable
profes5ioiial expertise. also to Mrs Katie Talbot. our Finan¢¢ Manager, whose financial kDowledge attd expertise are
very considerable. as is her desire that Peggy Dodd sliould flourish.
Structure, Governance, and Management
Th¢ organisation is a cliaritable company limited by guaTantee. incorporated on 17 September 1996, and registered as a
charity on 26 September 1996. Tlje company (which took over the work of Support for Relatives of the Mentally Infirni)
was established under a MemorarAdum of Association whicb established the objects and powers and is governed under
its Articles of Aswciation. In the event of the company being wound up members are required to contribute an amount
not exceeding one pound.
The Board of Truste¢s consists of up to fifteen tnembers wbo me¢t six times a year and administer the Charity. The
Truslees are Direciors of the Company and are ¢le¢ted from amongst die members of the coinpany on an annual basis at
the Annual General meeting. kniy inember of the Charity may make noniinations, and all Trustees retire each year and
are eligible for re-election, without any age restriction.
Currently there are seven Tn￿te¢s, mostly retired people Ibut still very active) including carers. teachers, social workers,
administrators, bubiness and other professionals, providing us witb a good 5PCCtnun of experience and input. A number
of Trustees have had relatives wlio were looked after at the Peggy Dodd Centre, and this provides an additional
understanding of our needs.
We are fortunate to have Trustees witb the professional skills necessary to overstt the administrative and fiDattcial
systems. and these Tn￿te¢S ¢nsure a businesslike approach to nu￿1￿8 the charity.
The Trustees are aware that wli¢D va¢ancies aris¢. they may need to broaden the range of ¢xp¢rtise available lo the
Charity. The Trustees are aware of their responsibil.ities in respect of safegLwding, GDPR, other reporting issues.
Page I

S.P.L (PEGGY DODD) BATH
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Th¢ ckwity has been compliant with the GDPR regulations. The fllwicial statements are audited each year to eL8ure th¢
integrity of the charity. The nMnagem¢llt team in the orgatiis&tion Consists of a CEO and a f￿allce manager who ntsnage
the day to day nll)ning of the cEwity and meet regularly together and with the trLlSt¢es.
Trustee Inductlon and Trainlng
SPA has a very stabl¢ alld loyal membership, and the majority of Truslees have been in place for th¢ past few years. All
Tn￿te¢S have either relevallt professional cxperience or have been involved with the charity as carers or volunteers. The
benefits of exp¢rience are balan¢¢d by cU￿ent use of legal, management and administrative exp¢rtise.
The changing regulatory world means that new Trnstees should be rec￿Lted with specifIc skills, experience and
knowledge. The majority of our Trustees live in Bath, and are well known in the local communities
Risk a$s¢ssment
We are cuNently half way through a one year bridging contract from the council, following the end of our previously
extended contract in March 2025. This new contract will see us through until 31 st March 2026. We are now waiting on
an update on tendering for a new 7-year contract with the council, which if successful, will see w receive a fixed amount
until 2032.
We are continuing lo do a review of our reserves and risk assessmenL one of our biggest risks is th¢ Cut to this fi￿ding.
This is kept under close review. and our reserves are suifi¢ient for us to manage this whilst we sought grants from other
third parties or moved towards a full cost recovery from clients.
An annual budget is set by the Trustees with the reserves situation in Mind. The tTh￿teeS receive quarterly budget and
reports with analysis for their review and consideration.
Charitabl¢ Objectives
The Charity was establislied to continue the work started nearly 30 years ago by Mrs Peggy Dodd to promote the relief
of elderly meiirally infirnj persons and their responsible relatives and other carers, by the provision of supporting
service, such as day care, home sittin& support and advice. A further objective is the promotion of knowledg¢ about and
awareness of the naDJre of dem¢nria and memory loss, and the needs of patients and Carers.
In fiwtherance of these objectives, the Charity fLised fi￿d5 to purcl)ase. equip, and opcrate a Day Cei)tre which is now
open five days a week for 60 clients who are assessed as suffering from mild to severe dementia. The maintenance of a
high-quality staiidard of service offered is our first priority.
Each year the T￿SteeS review the charity's obje¢tives and a¢tivities to ensure that they continue to reflect our aims. In
carrying out this review. the Tn￿tee5 have considered the Charity Commission's general guidance on public benefit.
Activities for Public Benefit
Tbe Peggy Dodd Centre provides a valuable public benefit by offering specialised day care services for individuals
living with memory loss, including those with dementia. This support helps maintain the dI￿)Ity and quality of life for
those affected while providing a safe and engaging environment tailored to their needs. The centre offers structtwed
activities that promote mental stimulation, physical activity, and social interaction, whtch are all crucial in managing
memory-related conditions and enhancing well-being.
In addition to supporting individuals with memory loss, we play a Critical role in assisting their families and caregivers.
By providing respite care, it allo￿ caregivers essential time to rest, manage personal responsibilities, or simply take a
break from their demandtng roles. This service helps prevent caregiver burnouL which can l¢ad to improved mental
health and r¢silience among families managing tbe challenges of memory loss care.
The centre also foster5 community engagement and education around nLemory10ss and dementia. Through workshops.
outreach programs, and collaborations with local organisations. we raise awareness and reduce the stigma s￿OUnd)ng
memory-related conditions. These efforts help build a more infornled, compassionate community equipped to support
individuals and families affected by these challenges.
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S.PA. (PEGGY DODD) BATH
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Lastly, the Peggy Dodd Centre contributes to public bealth by potentially reducing the demand for more intensive
healthcare services. By helping individuals with memory loss maintain their independenc¢ for as long as possible, the
centre can delay or reduce th¢ need for full-time residential care or hospital admissions. This not only benefits those
directly involved but also helps ease pressure on public healthcare systems and social services.
Achievements and Performance
The Peg8y Dodd Ceutre is proud to reflect on a yeaT of significant achievetnents, continued community sUPPOrt, and
growth in tiie services we provide for people living witEI dernenlia and their fan)ilies. Throughout 2024125, our dedicated
team has worked tirelessly to ensuTe that our services remain high quality, accessible, and compassionate, making a real
difference in the lives of those we support.
Our Day Centre continu¢s to be at th¢ heart of our service, wtth 11,359 pl￿¢$ booked in 2024125. This steady demand
sbows the value our clients and their families place on the stimulating, safe, and friendly environment we offer. We are
also pleased to report growth in our Margaiet Fisher Room, with a IOO/o increase in ￿e, reaching 1,643 places this year.
This d¢dicated space for those in the earlier stage5 of memory lo￿ has become an increasingly vital part of our offering,
promoting engagernent, conversation, and joy.
At home. we have delivered an impressive 3,579 hours of home SUPPOTL helping p¢ople rernain in familiar surroundings
witli confidence and dignity. Whether assisting wilh daily routin¢s or providing respite for carers, this support continues
to be a cornerstone of our mission.
Working with Batli Community Transport. we have delivered 26,549 miles of ininibus tran5POrt, providing essential
travel for those atteiiding the Day Centre and ¢nabling continued indepeiidence and connection for many. Tliis reliable
transport nettvork remains a lifeline for ¢lienls and families alike, ensuring people can access care without the burden of
travel challenges. On top of this, we have offered a daily taxi for those living in Keynsham and Salrford along with
workiiig with Dial a ride to bring people from Midsomer Norton and PeasedowrL
In our kitchen. Robbie deserves recognition, having prepared and s¢rved around 12,000 meals this year. These nutritious
tneals, tailored to our clients, needs and preferences, contribute significantly to their well-b¢ing and quality of life.
We're ¢specially proud of our efforts to support the flltt￿e of care work through close partnerships with local schools and
Colleges, offering T Level placements and work experience opportunities. These partnerships allow young people to gain
valuable, handswon insight into ¢aring professions, and have already inspired several to pursue Careers in social car¢.
None of these achievements would bg possible without our amazing> caring staff team and volunteers, whose dedication,
professionalis￿ and compassion remain the beating heart of the Peggy Dodd Centre. Whether delivering personal care,
offering emotional support, or sharing a warn] smile, they ensure that everyone who walks through our doors feels
valued, respected, and safe.
As we look ah¢ad, we remain committed to evolving with the needs of our community while holding fast to the values
that have shaped the Peggy Dodd Centre for d¢cades: compassion. dI￿lty, and unwavering support for people living
with dementia and memory108S.
The Friends of Peggy Dodd
As ever, The Friends of Peggy Dodd have held events at the centre throughout the year which have involved the local
community. Quizzes, plants sales, home baked cakes have Proved popular again and can we take this opportynity to
thank those who have baked, supplied plants, prepared quizzes and supplied rdffle prizes. In total thi5 year, these
events have raised over £10,000. An amazing achievemenL
We continue to raise the PTofile of our name so that more people in Bath are aware of the work we do. We are 8ratethl to
local organisations who opt to make us their 'Gharity of the year,. Also, lo those who have organised events away from
the centre. raising mon¢y for Peggy Dodd. These include Various concerts by Finch MusiG, Bath ch￿lty Bowls L¢ague
and a coffee morning at the Packhorse at South Stoke.
Page 3

S.PA. (PEGGY DODD) BATH
STIL4TEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Our thanks go to all our volunteers and friends for their time and hard work so generously given. Mrs Gill Garlington as
chayI of Friends has been keeping in touch with volunteers. If you would like to join the band of enthusiastic helpers,
pleasc ¢ontact her via the centre on 01225 835520.
Tbe need for funds continues and we are grateful to all who help or support in arty way.
Financlal review
This ycar our income was £828k with unrestricted incotne being £828k and restricted income bcing £Ok compared to the
prior year of income of £928k (£827k unrestricted and £IOlk restricted). This is a decrease from the prior year priM￿llY
due the £98k restricted grant received from Margaret Fishcr Tn￿t received last year. Our funding from tbe Core Funding
(B&NES) contract represented 16 % of our total unrestricted income and was for the Day Centre service including the
Margaret FisELer unit.
We have bcnefitted from Ecnerous donations. including £46k from donations gifted in wills Oegacies), £26k unexpectcd
donations from two tn￿tS and many given in memory of a loved one and fi￿draISed for us.
Our costs for the year being £832k wtth our largest costs being staff running the day centre and our home support
service5 compared to £725k in the prior year. The higher costs this year relating to having fewer staff vacancies and the
rising costs of providing our service including minimum wage increase, transport and utility prices. We a150 ¢ontinu
the spend on the Margar¢t Fisher grant rec¢ived in the prior year with work on the call system around the ¢entre.
We have ended the y¢ar with an unexpected overall breakeven position. We are showing a unrestricted surplus of £25k
which without the unexp¢¢ted receipt of the legacies and trust donations would have been a planned defi¢it. We have a
planned restrict¢d deficit of £26k. of which £16k relates to the Continue spending against the Margaret Fisher grant and
the balance was the transfer of depreciation cost to the Capital fLmd and revaluation of investments. In the new financial
year, we are continuing to spend this Margaret Fisher grant on the new garden room.
Th¢ Trustees made the decision to keep these sury)lus ullrestricted fjjnds in th¢ reserves in the year while we manage the
rising costs of the organisation and the uncertainty of the Core Funding (B&NES) and ensuring client recharges are kept
at a lower level.
Looking fonvard to 2025126, these unrestri¢ted reserves have enabled us to approve a deficit budget which will utilise
some of these unrestricted reserves, this is due to Increased stsffing costs due a fi￿er minimum wage increase and
changes to Employer's National Insurance contribution, utility bills and other cost of living increases and tying to keep
the rate ¢harged to clients as low as possible.
Our reserves policy is reviewed regularly but the wemise beh.ind it remains the same that we want to have at least six
months of expenditure and a provision to manage any rethiction in the Core Funding (B&NES). As we are still in a
period of uncertainty, the trustees consider the current unrestricted reserves of £591k to be at a reasonable level when
you lake into account the deficit budget in place for 2025126, the rising costs and the uncertainty around fi]ture core
funding.
We continue to receive many individual donatiODS. and it is heartening to know that many continue to support our work
by one off donations or standing orders.
We are gtatefvl for the gifts and donations that have been received or utilised from-
Margarct Fisher Charitabl¢ Ttust
Ken Biggs Charitable Trust
Comb¢ Down Holiday Trust
Melly Trust
Holy Trinity Combe Down PCC
Jos¢ph Matthews Trust
and many other groups and individuals
Page 4

S.PA. (PEGGY DODD) BATH
STRATEGIC REPORT
FOR THE YEAR EIYDED 31 MARCH 2025
Future plani
As per l&st y¢ar. the first thing and most important in the short term is se¢uring fvndin8 for the organisation. We secured
a bridging ¢ontract which will stt us through till AprAI 2026 but durin8 n￿¢ year, we will be tendcring for a new
conlracl with Batii and North Easl Somersei Couneil whicli will support us to continue to offer 8 low cost and high
qualily s¢rvic¢ 10 those by dcmciilia. Othcr wurcc¥ of inconK will conlinuc to be vital, this will range froin
cli¢nls, fundrnising ￿¢n¢5, gran15, gifLS and business support.
Since th¢ y¢ar eiid, we httve noiv completed our garden room build and we Jr¢ ready to make uso of the b¢auiiful
relaxing spa¢c, SialT will be ablc io use Lhc space for sessions for ¢li¢nts, a qui¢1 space for Ih06c that n¢cd lime awoy
from 3 group and most importaThtly. therapy-based scs¥ions. W¢ havc previously tried thes¢ kiith of acliviti&% wliich
proved .$uccessful. so the next slep will be to deliver mow art and M￿81¢ thLYapy* working with lo¢al professionals. W¢
arc thlKJ lookiiig lo offer the,$pace to carers on a monthly basis, h) talk with staff or professionals about dementia support
Ihcy niay need. away from th¢ person Ili¢y are caring for.
With th¢ new 8arden room taking pridc of pluce. we hav¢ anoth¢r area of the 8ard¢n which once cleared. would make
ror a lovcly spacL wlicre clients could growtr plant and b¢ at peace ivith natur& Pmrticipating in horticuliurnl ￿tIVitI¢$
also promoies pliysieDI activity in a sAfc. managcable way. Tasks such as plantin& walering. or light weeding ¢ncoitra8e
moven)eni, improving Inobility, flexibility, and hand-¢ye coordination. Regular, gentle exercis¢ dirOu￿] gardening can
coniribule lo b¢¢ler sl¥ep. appeiiie r¢&Ju131ioJi. overoll physical l?ealtli, while minimi£in& thc risk or rulls or
SedCnury-￿1at¢d complications. Cognitiv¢ly, 8ardcning stimulat¢ momory and problem-solving skills. For cxllmpl¢,
rcmcinbering thc steps involved in plantiiig or caring for a plant provides mild m¢ntal chullcnges that help mainiain
coginilivc ￿n¢t10n. Familiar 8ights and smclls of plai)ts may also Lrig8er positive In¢nwries, offering a comforting sense
of ¢onliiiuily and idcn(ity-particularly valuablc for people exp¢riencin&? mcmory loss,
Changing perceptions of dementia and care work is an 8r¢a we have been success￿1 in. but we will cOntim￿ to extend
our ofler io allow more pcoplc to Icam and gain an understanding of dementia. We have gi)od links with local schDoIs
and colleges WIM) w¢ work closely with to offer regular opporwnities for young pcoplc to gain work experience. We will
orr6r nwre awarene8s Lrnining sessions which are open to anyoiic to Icarn abou( demeiAIi&
Approvcd by order of ih¢ board of trustces on .......
3. | 1o.l.q￿..￿5............
and $i￿ed on its behalf by:
Page 5

S.P.A. (PEGGY DODD) BATH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of tbe charity for the pury)oses of the Companies A¢t 2006, present their report with
the fmancial statements of the charity for the year ended 31 March 2025. Th¢ trnste¢s have adopted the Provisions of
Accounting and Reporting by Charities: Statement of R￿0MMended Practice applicable to charities prep￿illg their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
STRUCTURL GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing documenL a deed of trnst, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTBATIVE DETAILS
Regtstered Company number
03250972 (England and Wales)
Registered Charity number
1058294
Regist¢red office
The Peggy Dodd Centrc
Brierley House
Summer Lan¢
Combe Down
BA2 5JX
Trustees
L Daws
D Hill
F Haryison
T J Dewes
G Garlington
M Klestadt (resigned 7.9.24)
A Hodges
D C Hughesdon (appointed 1.9.24)
Company Secretary
K Talbot
Audltors
PG Owen Limited
Chartered Accountsnts
124 High Street
Midsomer Norton
Bath
Avon
BA3 2DA
Bankers
Barclays
4-5 Southgale Street
Bath
BAI IAQ
STATEMENT OF TRUSTEES, RESPOIYSIBILITIES
The trustees (who are also the dire¢tors of S.P.A. (Peggy Dodd) Bath for the purposes of company law) are responsible
for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United
Kingdom A¢counting Standards (United Kingdom Generally Accepted Accounting Practice).
Page 6

S.P.A. (PEGGY DODD) BATH
REPORT OF THE TRu%fEES
FOR THE YEAR ENDED 31 MARCH,2025
STATEME￿ OF TRUSTEES, RESPONSIBILITIES- contlnued
Company law requires the trnstees to prep8re financial statements for each fmancial year which give a tsue And fair view
of the stat¢ of affairs of the charitable company of thc incoming ruources and application of resource4 including
the Income and expenditure. of the charitable company for that period. In preparing those fmancial statements. the
tru8tecs arc requir¢d to
select suitable accounting policie5 and then apply thern co￿81Stell￿.
observe the methods and principle5 in the Charity SORP.
make judg¢ments' and ¢stimales that arc rcasondblc Bnd pnthL
p￿pa￿ the financial 5tstements on thc going conccrn basi5 lln1￿ it is inappropriatc to p￿su1￿C that thc charitable
company will continuc in busine￿.
The t￿teeS are re5PI)ll5iblc for keeping proper ￿0￿nting rcconjs which disclose with reasonablc accurw at any time
the financidl po8ltion of thc charitable wmpany to enablc them to cnsure that the financial statcrnents cornply with
the Companies Act 2006. Thcy are also rc8ponsibl¢ for safeguarding the a8scts of the charitable company and hence for
taking re&sonable steps for the prcventiott and dctection of fraud attd othcr irregularities.
In 50 far a5 the trllSt￿ are aware:
Ihere is no rclevant audit infonnation of vAbich the ch￿l18b1¢ cornpany's auditor5 8T¢ unaware. and
Ihe trust¢¢s have thkcn all steps that th¢y ought to have taken to make themsdves aware of any relevant audit
inforn)ation and to establish that the auditors arc aware of that infonnation.
AUDITORS
The auditor& PG Owen Lirnitcd, will be proposed for revappointment at the forthcoming Annu81 Genernl Meeting.
Approved by ord¢r of the board of ttustees OD ....
and $i￿¢d on its behalf by:
Tnjstee
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
S.P.A. (PEGGY DODD) BATH
Opinion
We have audited the fin8ncial statements of S.P.A. (Pcggy Dodd) Bath (the 'charitsbL¢ compang) for th¢ year ended
31 March 20?5 which comprise the Statement of Fiiiancial Activities, the Balance Shee¢ the Cash Flow Statement and
notes to the financial stalemeiits. including a s￿rMary of significant accounting policies. The fiiiancial Teporting
framework that has been applied in tbeir preparatioii is applicable law and United Kingdom Accountiiig St2lldards
(United Kingdom Generally Accepted Accounting Pr&cti¢e).
In our opinion the financial statements:
give a tnJ¢ and fair view of the state of the charitable companys affairs as at 31 March 2025 and of its incoming
resources and application of resources. includilig its incom¢ ￿ld expenditure, for the year then endeiL'
have beell properly prepared in aCcord￿ce witli United Kingdom Generally Accepted Accounting Prathice. and
have been prepared in accordance with the requirements of tbe Companies Act 2006.
B¥518 for opinion
We conducted our audit in accordance with Int¢rnational Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the
finan¢ial statements section of our report. We are independent of the charitable company in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requircinents. We believe that the audit
eviden¢e we have obtained is 5uffi¢ient and appropriate to provide a basis for our opinion.
ConclusioD$ relating to gofing concern
In auditing the finan¢ial statements, we have concluded that the trustees, use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the worlc we have performed. we have not kdentified any material uncertainties relating to events OT Gonditions
that. individually or collectively, tnay cast significant doubt on th¢ charitable company's ability to cOntin￿e as a gall1g
concern for a period of at least twelve months from when the fmancial ststemeDts are authorised for issue.
Our responsibilities and the responsibilitie5 of tbe trustees with respect to going concern are described in the relevant
sections of this report.
Other Information
The tnjstees are responsible for the other infomation. The other inforniation comprises the infonnation included in the
Annual ReporL other than the finan¢ial statements and our Report of th¢ Independ¢nt Auditors thereon.
Our opinion on the financial staiements does not cov¢r the other infonnation and, ￿cePt to the extent otherwise
explicitly stated in our repor( we do not express any forn] of assurance conclusion thereon.
In connection with our audit of tlie fEnancial staicnients, our responstbiliry is to read the other inforniation and. in doing
so, consider wliether the other inforniation is niaterially inconsistent Wkth the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially misstated. If we identify such material in¢onsisten¢ies or
apparent material misstatements, we are r¢quired to deterniine whether this gives rise to a material misstatement in the
financial statements themselve5. If. based on the work we have perfornied, we conclude that there is a material
misstatement of this other inforniation, we are required to report that fact. We have nothing to r¢port in this regard.
Opinions on other mxtters prescribed by the Companies A¢t 2006
Tn our opinion, based on the work undertaken in the cours¢ of the audit..
the infonnation given in the Strategic Report and the Report of the Trnstees for the financial year for whi¢h the
financial statemei)ts are prepared is consistent with the financial statements. and
the Strategic Report and th¢ Report of the Trusle¢s has been prepared in accordance with applicable legal
requirements.
Page 8

REPORT OF THE INDEPENDENT AiiDITORS TO TILE MEMBERS OF
S.P.A. (PEGGY DODD) BATH
Matters on whleb we are requlred to report by exception
In the light of the l(nowledg¢ and understanding oethe charitable company and its ¢nviroJ)ment obtained in the course of
the audi¢ we have not identified material misslat¢ments in the Strategic Report and the Report of the Trustees.
We have nothing to report in Tespect of the following matters where the Companies Act 2006 requires us to report to you
if, itt our opinion..
adequate accounting records have not been kept or rebjrns adequate for our audit have not been received from
brdnches not visited by us" or
tlie fitw]cial statements arc not in agreernent with the accounting records and returns; or
certain disclosures of trustee5' remuneration specified by law are not tnade. or
we have not received all thc information and explanatiODS we requirc for our audit.
Responslbilities of trustee5
As explained more fully in the Statement of Trustees, Responsibilities, the trustees {wbo are also the directors of the
charitable company for the pU￿OSe8 of company law) are responskble for the preparation of the financial statements and
for being satisfied that they give a trne and fair view, and for such internal control as the t￿SteeS determine is necessary
to enable the preparation of financial statements that are free from material misstaternent. whether due to fraud or error.
In preparing thc financi&l statements, the trustees are responsible for assessing the charitable companys ability to
continuc as a going concern, disclosing. as applicable, matter5 related to going con¢¢m and using the going conc¢rn
basis of accounting unless th¢ trustees either intend to liquidate the charitable company or to cease op¢rations, or have
no realistic alternative but to do so.
Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
S.P.A. (PEGGY DODD) BATH
Our responslbllltles for the Audlt of the fin&n¢fiAI statements
Our objectives are to obtsin reasonable assurance about whether the financial statements as a wbole are fre¢ from
material n)isstatem¢nt. whether due to fraud or error, and to issue a Report of the Independent Auditors th8t includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement when it exists. Misstatements Can arise frojn fraud or error
and are considered tnaterial if, individually or in th¢ aggregate, they could reasonably b¢ expected to infiuence the
economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregul￿]tiC8, including fraud is detailed below:
Our approach to identifying and assessins the risks of material misstatement in respect of irrewlarities, including fraud
and non-compliance with laws and regulations, was as follows.
the engagement partner ensured that the engagement team coll¢ctively had the appropTiat¢ competence,
capabilities and skills to identify or recognise non4ompliance with applicabl¢ laws and regulations.
we identified the la￿ and r¢8ulations applicable to the company through discussions with directors and other
managemenL and from comrner¢ial knowledge and experience of the charitable care sector..
we focused on specific laws and regulations which we considered may have a direct material effe¢t on the
financial statements or the operations of tbe compaNy, including the Companies Act 2006. taxation legislation and
data protection,anti-bribery. employment. environmental and health and safety legislation.
we assessed the extent of compliance with the laws and regulations identified above through rnaking enquiries of
manageinent and inspecting legal corrc5pondence' and
identified laws and regulations were communicated within th¢ audit team regularly and the tearn remained alert to
instances of non-compliance throughout the audit
We assessed the suseeptibility of the charitys financial statements to material misstaten*nL including obtaining an
understsnding of how fraud might occur, by.
making enquiri¢s of Inanagement as to where they considered there was susceptibility to fraud, their knowledge of
actual. suspected and alleged fraud;
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations'and
understanding the design of the ¢harity's remuneration policies.
To address the risk of fraud through management bias and ovettide of controls, we.
perfornied anal)tical procedures to identify any unusual or unexpected relatiO￿hIps,
tested journal entries to identify unusual transactions.
assess¢d whether judgements and assumptions made in d¢tern)ining the accounting estimates were indicative of
potential bias,. and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and re￿￿tions, we designed Procedures which
included, but were not limited to..
agreeing financial statement disclosures to underlying supporting documentation
reading the minute5 of meetings of those Gharged with governance;
enquiring of management as to actual and polential litigation and claims. and
reviewing correspondence with HMRC, relevant regulators and the companys legal advisors.
Th¢r¢ are inherent limitations in our audit procedures described above. The more removed that law5 and regulations are
from financial transactions, the less likely it is that we would become awar¢ of non-compliance. Auditing standards also
limit the the audit procedures required to identify non•compliance with laws and regulations to ¢nquiry of the directors
and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve
deliberate conc¢alment or collusion.
A fillther description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's websit¢ at www.frc.org.u]dauditorsresponsibilities. This description fornts part of our Report of the
Independent Auditors.
Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
S.PA. (PEGGY DODD) BATH
Use of our report
This report is made solely to the charitable company's ill#mbers. as a body. in accordance wTth CbELPteF 3 of P8rt 16 of
the Companie% Act 2006. Our audit work has been uuderlaken so that we mi(rbt state to the cljaritable compally's
members those rnalters we are required to stste 10 Iheni in an auditors, report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other thall the charitable cornpany alld ttLe
Ch￿It8b1e cottLpanys members as a body, for our audit worl for this report. or for tbe Opinio￿ w¢ have fomied.
R N Browning BA(Hons) F
FCA FAIA (Senior Statutory Auditor)
for and on behalf of PG Owen Limited
Chartered Accountants
124 High Str¢et
Midsomer Norton
Bath
Avon
BA3 2DA
Date: ..
Page 11
Owen
Limited
Chèrtered Accountants &
Financial Advisors

S.PA (PEGGY DODD) BATH
STATEMENT OF FINANCL4L ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
fimds
2024
Total
Unrestricted
Restricted
fi￿d5
Notes
INCOME AND EIYDOWMENTS FROM
Donations and legacies
91,029
91,029
249,898
Charitable aetivitfies
To further charitys objectives
701.365
701,365
647.838
Other trading activities
35.342
35,342
30.849
Tot81
827.736
827,736
928.585
EXPENDITURE ON
Charitable activitics
To further charitys objectsves
815.810
16.327
832,137
725.458
Net gains/(losses) on investments
3,398
3,398
(1,479)
IYET INCOMEI{EXPENDITURE)
Transfers between funds
11,926
12.767
(12,929)
(12,767)
(1,003)
201,648
17
Net movenjent In funds
24.693
(25,696)
(1,003)
201,648
RICONCILIATION OF FUNDS
Total funds brought forward
566,701
1,458,570
2,025,271
1,823,623
TOTAL FUNDS CARRIED FORWARD
591,394
1,432,874
2,024,268
2,025,271
The notes forni part of these fiDancial statenmts
Page 12

S.PA (PEGGY DODD) BATH
BALANCE SHEET
31 MARCH 2025
2025
Total
funds
2024
Total
Unrestricted
Restricted
Notes .
FIXED A&SETS
Tangible assets
In￿lments
12
13
I,291.070
82.923
1,291,070
82,923
1296.062
79.525
.373.993
1,373,993
1.375.587
CUIUIENT ASSETS
Debtors
Inveslmcnts
Cash Bt batjk and in hand
14
15
74,052
155,366
427.604
74,052
155.366
486.485
58.378
106,033
543.054
58.881
657.022
58.881
715.903
707,465
CREDITORS
Amounts falling due within one year
16
(65.628)
(65,628)
(57,781)
NET CURRENT ASSETS
591,394
58,881
650.275
649.684
TOTAL ASSETS LESS CURRENT
LIABILITIES
591,394
1,431874
2,024268
2.025,271
NET ASSETS
591.394
1,432,874
2,024,268
2.025.271
FUNDS
Unrestricted fundb.
Restricted funds
17
591,394
1.432,874
566.701
,458.57Q
TOTAL FUNDS
2,024.268
2,025,271
Thc fin&i)¢ial stal
on
..J..l.IP..Iu).L
Tncnts wcre approvcd by the Board of Trust¢¢s and authoriscd for issue
and were Skgned on its bchalfby=
Trustee
The Dotes foTm part of these financial statements
Pagc 13

S.PA. (PEGGY DODD) BATH
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating a¢tlvAties
Cash generated from operations
(24,776)
207,318
Net cash (used in)Iprovided by op¢rating activities
(24,776)
207,318
Cash flojvs from investing actRvities
Purchase of tangible fixed assets
Interest received
Increase in current asset investments
(7,775)
25,315
(49,333)
(3,011)
23,395
(3,833)
Net cash (used in)Iprovided by investing activities
(31,793)
16,551
Change in CAsh and c¥sh equivalents in
the reportlng period
Cash and cash equivalents at the
beginning of the reportlng period
(56,569)
223,869
543.054
319,185
Cash and cash equivalents at the end of
the reportlng period
486,485
543,054
The notes fonn part of these financial statem¢nts
Page 14

S.P.A. (PEGGY DODD) BATH
iYOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
RECONCILL4TION OF NET (EXPENDITURE)IINCOME TO NET CASH FLOW FROM
OPERATING ACTIVITiES
2025
2024
Net (expenditure)Ilneome for the reporting perfiod (as per tbe
Statement of Financial A¢tlvlties)
Adjustments for:
Depreciation charges
(Gain)Ilosses on investments
Interest received
(Increaseydttrease in d¢btors
Increase in creditors
(1,003)
201,648
12,767
(3,398)
(25,3 l5}
(15,674)
7,847
13.608
1,479
(23,395)
6.156
7,822
Net cash (used ill)Iprovfided by operatloDS
(24,776)
207,318
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Casb flow
At31.3.25
Net cash
Cash 8t bank and in hand
543,054
(56,569)
486,485
543,054
{56,569)
486,485
Llquid resourees
Deposits included in cash
Current asset investments
106,033
49,333
155,366
106,033
49,333
155.366
Total
649,087
(7,236)
641,851
The notes forn] part of these financial statements
Page 15

S.PA. {PEGGY DODD) BATH
NOTES TO THE FINANc￿L STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Basls of preparlng the financial statements
The fllMLcial statements of the charitable company, which is a public benefit entity ullder FRS 102, hav¢ been
prepared in accordance witb the Charities SORP (FRS 102) Accounting and Reporting by Charities.. Statement
of Recoinmeiided Practice applicable 10 charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Irellnd (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'Th¢ Financial Reporting Standard appli¢able in th¢ UK and Republic of
Ireland, and the Con)panies Act 2006. The fmancial ststements have been prepared wider the bistorical cost
convention, with the excwtion of investments which are included at nwket value, as modified by the revaluation
of certain assets.
Income
All incon)ing resourG¢s are included on the Statement of Financial Activities when the clwity is legally entitled
to the income and the amount ¢an be quantified with re&sonable accuracy. Legacies and donations are accounted
for on receipt. Grants are accounted for in the period to wbich they relate.
Expenditure
Liabilities are Tecognised as expenditure as soon as tbere is a legal or conslrnctive obligation con]mittin8 the
charity to that expenditure, it IS Probable that a transfer of economic benefits will be required in settletnent and
the amount of the obligatioii cali be measurcd reliably. Expenditure ts accounted for on an accruals basis and has
b¢en classified wider headings thllt aggregate all cost i'elated to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the ￿e of
resources.
Tangfible fixed assets
Depre¢iation is provided at the following annual rates in order to write off each asset ovet its estimated usefi
life:
Furni￿re & Fittings between 50/0 - 33.3 /0 on straight lin¢ basis
No d¢pr¢ciation has b¢¢n provided on the cost of Brierley House as the policy of the TNst¢es is to provide
depreciation only where the residual value is likely to be less than the balance sheet value. Due to the expected
usefvl economic life of Brierley Ho￿e being greater than 50 years, tog¢ther with ￿ expected high residual value
being obtained for the propety, the Charity does not provid¢ for depreciation on Bri¢rley House, subject to an
annual impairnient review. During the course of the audit an impairnient revi¢w was perfornied by the trustees
and it was consid¢red that no iinpairment has taken place during the year.
Taxatlon
The charity is exempt from corporation tax on ils charitable activities.
Fund accounting
Unrestrlcted fiulds can be used in accordance with the charitable objectives at the discr¢tion of th¢ tn￿te¢s.
Restricted ￿ThdS can only be used for particular restricted purposes within the objects of the charity. Restri¢tions
arise when specified by the donor or wh¢n ftmds are raised for particular restri¢ted Purposes.
Further explanation of the Thatt￿e and purpose of each fund is included in the notes to the financial ststements.
Fixed asset Investments
In line with the Charities SORP (FRS 102) fixed asset investments represents an investment portfolio intended to
be held for more than 12 montbs, to gen¢rate income and capital growth for the ¢harity.
These investment5 are valued at open market valu¢ as at the ¢Dd of the accounting year with any revaluation
gainlloss¢s being charged to the Statement Of Financial Activity within that accounting year.
Page 16
continued...

S.P.A. (PEGGY DODD) BATH
NOTES TO THE FINANCIAL STATEMENTS - condnued
FOR THE YEAR ENDED 31 MARCH 2025
DONATIof4S AND LEGACIES
2025
2024
Donations received
Lega¢ies
45,029
46,000
164.898
85,000
91,029
249.898
OTHER TRADING A￿1VITIEs
2025
2024
Gifts and donations
Interest and dividends
10,027
25,315
7,454
23,395
35,342
30,849
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Activity
Income from charitable
activities
To further charity's objectives
To further charity's objectives
566,553
134,812
514,539
133,299
BANES
701,365
647.838
CHARITABLE ACTIVITtES COSTS
Support
costs (seo
note 6)
Direct
Costs
Totals
To fi￿llIer charitys objectives
769,208
62,929
832.137
SUPPORT COSTS
Governance
costs
Management
Finance
Totals
To further charity's objectives
24,667
27,418
10,844
62,929
NET INCOMEI(EXPENDITURE)
Net in¢om&l(expenditur¢) is stated after chargingl{crediting):
2025
2024
Depreciation- owned assets
12,767
13,608
Page 17
continued...

S.P.A. (PEGGY DODD) BATH
NOTES TO THI FINANCIAL STATEMENTS- conthiued
FOR THE YEAR ENDED 31 MARCH 2025
AUDITORS, REMUNEIL4TION
2025
2024
Fees payable to the chariws auditors for the audit of the charitys financial
statements
5,520
4.256
TRUSTEES, REMUNERATION AND BENEFITS
There were no trnslee5' remuneration or other benefit5 for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees, exp¢n$es
There were no tnjstees, expens¢s paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
io.
STAFF COSTS
2025
2024
Wages and salaries
So¢ial security costs
Other pension costs
523,638
32,535
459.849
27,166
590,466
516,547
The averag¢ monthly number of employees during the year was as follows:
2025
14
25
2024
14
24
Full time
Part time
39
38
No employees received emoluments in excess of £60,000.
ii.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
funds
Total
fimds
INCOME AND ENDOWMENTS FROM
Donations and legacies
148,685
101.213
249,898
Charitable aclivltles
To further charitys objectives
647,838
647.838
Other trading activities
30,849
30.849
Total
827.372
101,213
928.585
EXPENDrruRE ON
Charitable a¢tivitfies
To fijrther charity's objectives
715,241
10,217
725,458
Net gainsl(losses) on investments
(1.479)
(1,479)
Pag¢ 18
continued...

S.P.A. IPEGGY DODD) BATH
NOTES TO THE FITr4ANC￿L STATEMENTS - Continued
FOR THE YEAR ENDED 31 MARCH 2025
ii.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fimd
funds
Total
fimds
NET INCOME
Transfer$ between fund$
112,131
18,610
89,517
(18,610)
201,648
Net moven)ent in funds
130,741
70,907
201,648
RECONCILIATiof4 OF FUNDS
Total funds brougllt forward
435,960
1.387,663
1,823,623
TOTAL FUNDS CARRIED FORWARD
566,701
1.458,570
2,025271
12.
TANGIBLE FIXED ASSETS
Fixtures
Freehold
propety
fittitigs
Totals
COST
At l April 2024
Additions
Disposa15
1,212,911
162,549
7,775
(1,095)
1,375,460
7,775
(1.095)
At 31 Mar¢h2025
1,212,911
169,229
1,382,140
DEPRECIATION
At l April 2024
Charge for year
Eliminated on disposal
79,398
12,767
{1.095)
79,398
12,767
(1.095)
At 31 March 2025
91,070
91,070
NET BOOK VALUE
At 31 Ma￿h 2025
1.212,911
78,159
1,291,070
At 31 March 2024
1,212,911
83,151
1,296,062
13.
FIXED ASSET INVESTMENTS
Lisfrd
investments
MARKET VALUE
At l April 2024
Revaluations
79,525
3,398
Al 31 March 2025
82,923
NET BOOK VALUE
At 31 March 2025
82,923
At 31 March 2024
79,525
There were no investment assets outside the UK.
Page 19
continued...

S.P.A. (PEGGY DODD) BATH
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
13.
FIXED ASSET INVESTMENTS - contlnued
Cost or valuation at 31 March 2025 is represented by:
Listed
investtnents
Valuation in 2024
Valuation in 2025
79,525
3.398
82,923
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Debtors and prepayments
74,052
58.378
15.
CURRENT ASSET If4VESTMENTS
2025
2024
Unlisted investments
155,366
106,033
16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditors and accruals
65,628
57,781
17.
MOVEMENT IN FUNDS
Net
movement
in funits
Transfers
betwcen
funds
At
31.3.25
At 1.4.24
Unrestricted funds
General fund
566.701
11,926
12,767
591,394
Restricted funds
Capital fjjnd
Restricted fijnd
1,375,587
82,983
3.398
(16,327)
(4,992)
(7,775)
1,373,993
58.881
1,458,570
(12,929)
(12,767)
1,432,874
TOTAL FUNDS
2,025,271
(1,003)
2.024,268
Pag¢ 20
continued...

S.P.A. (PEGGY DODD) BATH
IYOTES TO THE FINANCL4L STATEMENTS - eontinued
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS - continued
Net movement in fijnds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in fimds
Unrestricted funds
General ￿nd
827,736
(815,810)
11,926
Restricted funds
Capital fund
Restricted fund
3,398
3,398
(16,327)
(16,327)
(16,327)
3,398
(12,929)
TOTAL FUNDS
827,736
(832.137)
3,398
(1.003)
Comparatives for movement in funds
Net
n￿Vern¢￿t
in fjjnds
Transfers
between
fimds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
435,960
112,131
18,610
566,701
Restrfieted funds
Capital ￿nd
Restricted fi￿d
1,387,663
(1,479)
90,996
(10,597)
(8,013)
1,375,587
82,983
1,387,663
89,517
(18,610)
1,458,570
TOTAL FUNDS
1,823,623
201.648
2,025,271
Comparative net movement in funds. included in th¢ above ar¢ as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted lunds
General fund
827,372
(715,241)
112,131
Restricted funds
Capital fjjnd
Restricted fund
(1,479)
(1,479)
90,996
101,213
(10.217)
101.213
(10,217)
(1.479)
89,517
TOTAL FUNDS
928.585
(725,458)
(1.479)
201.648
Page21
continued...

S.P.A. (PEGGY DODD) BATH
NOTES TO THE FINANCiAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
17.
MOVEMENT IN FUNDS- contlnued
A current year 12 months and prior year 12 months combined position is as follows:
Net
Th￿vern¢nt
in funds
Transfers
behvee
fi]nds
At
31.3.25
At 1.4.23
Unrestricted funds
General fi￿d
435,960
124.057
31,377
591,394
Restricted funds
Capital fund
tiestricled fund
1,387,663
1,919
74,669
(15,589)
(15,788)
1,373,993
58,881
1,387,663
76,588
(31.377)
1.432,874
TOTAL FUNDS
1,823,623
200.645
2,024,268
A current year 12 months and prior year 12 months combined net movem¢nt in fimds, included in the abov¢ are
a5 follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestri¢t¢d funds
General fimd
1,655,108
(1,531.051)
124,057
Restricted funds
Capital fi￿d
Restri¢ted ftmd
1,919
1,919
74,669
101,213
(26.544)
101,2l3
(26,544)
1.919
76,588
TOTAL FtrNDS
1.756,321
(1,557,595)
1,919
200.645
The Capital fund represents the fixed assets based on the net book value and the value of the investments as at
the financial statement dat¢. The Restricted fimd represents restricted income whiclL as at the date of the
financial stat¢m¢n¢ bave not yet been expende(L
18.
RELATED PARTY DISCLOSURES
There were no related paty transactions for ihe year ended 31 March 2025.
Page 22
ontinued...

S.P.A. (PEGGY DODD) BATH
NOTES TO THE FINANCIAL STATEMENTS- eontlllued
FOR YEAR ENDED 31 MARCH 2025
19.
PURPOSE OF RESTRICTED RESERVES
Restricted ReseTves amounting to £58,881 are being Ca￿Led forward to be spent in the year ended 31 March
2026. Tbis is made up as follows:
A donation from Margaret Fisber towards a nwnber of projects including transport, garden roon4 call system and
garden project. Of this donation £58,881 remains.
Page 23