Dudley Lodge
safeguarding thildren servic8S
DUDLEY LODGE
143 Warwlck Road. Coventry, CV3 6AT
(a company Ilmltod by guarantse)
REPORT AND FINANCIAL STATEMETrirs
FOR THE YEAR ENDED
31 MARCH 2024
Company No: 03729909
Chaiity No: 1078207

DUDLEY LODGE
(a company Ilmited by guarantee)
CONTENTS
Pag•
Tho ChalV8 Report
Dlrectors'lTru8teo6' Report
2-10
Independent Audltors, Report
11-13
statèment of Flnanclal Actlvltles
14.16
Balance Sheet
16-17
Ca8h Flow Statement
18
Accountlng Pollcles
19-22
Notog to the Financlal Statements
23-31

DUDLEY LODGE
(a company limited by guarantee)
THE CHAIR'S REPORT
for the year ended 31 March 2024
It is a great privilege to provide this Introduction to our Annual Report and Financial Statements for the year
ended 31s1 March 2024.
I would like to start by paying tribute to our wonderful staff who remain so committed to the services we
provide, meeting the needs of the vulnerable families we serve and in particular ensuring the safety and
wellbeing of young children. Our commitment to professional and personal development continues, as does
our commitment to regular surveys of staff morale which help to underpin our reputation as a good employer.
On that note we also maintain a rolling staff succession plan and a "talent profile" which are important parts
of our commitment.
The last year has been particularly noteworthy as we successfully opened our thlrd Centre, namely Saxon
House in Wolverhampton. We are now able to offer Residential Assessments to up to 27 families at any one
time across our three Cenlres in Coventry, Birmingham and Wolverhampton. We have embedded our new
Centre, replicating the culture and values we operate across the organisation.
Our work across the wider community comes under the title of °HURDLE° whlch enjoys the financlal support
of the Lottery 8nd generous grants also from several other charities. We are grateful for that support, and
we have developed a strategy which aims to demonstrate that a range of community- based services to
vulnerable families Outside our Centres can make a huge difference, whether that be in post assessment
support or preventative work. We hope and believe that HURDLE can evolve into a range of services based
on better value for money and better outcomes for commissioning bodies and the vulnerable families we
support. This project has moved into it5 fourth year, now, and continues to meet all its targets.
Part of our commitment to the development of our staff is to strengthen our capacity to expand, diversify and
experiment and on that note, we are aiming to launch a pilot project in the forthcoming y88r that seeks to
provide assessments for the most vulnerable of parents in a supportive home environment, utilising foster
placements.
We are acutely aware that moving forward there are significant challenges facing local authorities who are
having to work within tighter funding constraints, and we are committed to demonstrating that we can
continue to deliver support to vulnerable families which provide better OLrtcomes and best value for money.
The year ended March 2024 has been another successful one for Dudley Lodge. A healthy financial surplus
has been recorded and that enables us to plough money back into the charity, including our community
support work through HURDLE. I would like to take this opportunity to thank all our charitable donors who
have supported the work of HURDLE over the last th￿e years.
We are undoubtedly blessed with a board of Trustees who are very committed to the continuing success of
our organisation as we respond to the challenges and opportunrties ahead. During the last year we were
sorry, though, to lose the services of Keith Scrivens. We wish Keith and his family every success and thank
him for the contribution he made to the work of Dudley Lodge. l am particularly grateful for the way In whlch
the Board and the Executive Team work together based on the values of mutual trust and respect.
I hope all those who have an interest in our work find tha following Report 8nd Fin8ncial St8tements of some
value and that it furthe
our understandlng of the work we do.
Peter Roach
Chair

DUDLEY LODGE
(a company limited by guarantee
DIRECTORS'rrRUSTEES' REPORT
for the year ended 31 March 2024
The Trustees are pleased to present their annual Directors, report together with the financial statements of
the charity for the year ending 31 March 2024 which are also prepared to meet the requirements for a
Directors, report and accounts for Companies Act purposes. The financial statements comply with the
Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting
and Reporting by Charities.. Statement of Recommended practi￿ applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) published in October 2019.
Objects and prlnclpal actlvitl88 of the charlty
The ¢harity Is established to promote the physical and mantal health welfare and safety of children, young
people and adults, by developing childcare knowledge and by providing parenting assessments, practical
support and assistance, education, advice and counselling. whether in accommodation provided by the
charty or in the wider community.
Prlnci
al activities of the
The principal activity of the charity Is to provide accommodation to vulnerable chlldren, young people, and
their parents for the purpose of assessment and support.
At our Centres, Dudley Lodge in Coventry, and Bonner House In Birmingham, we provide a wide variety and
a comblnation of various assessment arrangements to meet the needs of children and their families and to
provide detailed information for decision making purposes. For example, we offer bespoke residential
assessments, a range of parenting risk assessments in the community, day assessments, viability, and
PAMS assessments. The Parenting Assessment Manual (PAMS) is a wid&ranging functional and multi-
dimensional evidence&based parenting assessment aimed at vulnerable families particularly those with
learning difficulties, their children, and their needs.
The Directorsrrrustees and the Executive Team demonstrate a strong commitment to continuous
improvement in relation to assessment, support, services, accommodation, and facilities. They are
committed to the principle of providing a quality workforce, having competent well-trained staff, to provide
good quality carelservices for children, young people, and their families.
In shaplng our oblectives for the year and plannlng our future activities, the DIrectors￿rUStees have
considered the Charty Commission's guidance on public benefrt, including the guidance 'public benefit=
running a charlty (P82)'.
Our Vlslon
Dudley Lodge will be the preferred provider of a range of independent high-quallty chlldren's safeguarding
services for local authorities, guardians, and advocates.
We will enhance our reputation for excellence and innovation by demonstrating skills In dealing with the most
complex cases regarding vulnerable children arKI families.
Our Mlsslon:
To provide the courts and other relevant parties concemed with safeguarding children. with a range of high-
quality independent assessments, interventions. and services regarding referred parentslcarers, abilities to
keep children safe,. and to assess their capacity and potential for promoting children's continuing wellbeing.

DUDLEY LODGE
{a company Ilmlted by guarantse
DIRECTORS'ITRUSTEES, REPORT
for the year ended 31 March 2024
Our Values:
We believe that all children have the right to have their safety and welfare needs met.
We believe that all adults have a responsibility to respond to concerns, worries, and doubts regarding
the safety and wellbeing of children wherever they may be.
We believe that it is people who make the difference in any enterprise, and to give of their best they
must be treated with dignity and respect.
Equality & Dlverslty Statement
Dudley Lodge will place dlverslty at the heart of all actlvities. Our charity values the diverse nature of Its
Staff, Board Members and of those using our services. We will ensure that thi5 is reflected in all our
practlces, pollcles, and services.
Promoting equality and diversty Is a duty our charty takes very seriously and is a responsibility shared by all
staff and Board Members.
Dudley Lodge's commitment to equality Involves much more than positive action to promote equal
opportunities and eradicate discrimination. It means that we are actively committed to encouraging and
promoting the richness brought to the charity by the diverse nature of our Staff, Board Members. and Service
Users.
Fundraislng Standards Informatlon:
The charity contracts with a third party to assist in sourcing potential funders and helping with funding
applications. The charity does employ a fundraising officer who initiates campaigns and makes approaches
to other charities or those who have given explicit consent to receive such contact under the General Data
Protection Regulation (GDPR). We have received no fundraising complaints in the year.
Ob
ectlves for 202312024 and our Ac
lev
en
1. Expand our core Resldentlal Assossment Servlces by launchlng our 3rd Centre, ènabllng us
to reach 200A more famllles.
After months of refurbishment, plannlng, recrultment and tralnlng w8 finally opened thé doors of Saxon
House to new families on 7th February 2024. Our new centre, with 5 self-contained flats has been positively
received by our staff, professionals and our families. We are now able to offer resldentlal assessments for up
to 27 families at any one time across our three centres.
Iple succeeded in emb8dding our new centre 8nd extended our staff team, replicating the positive cutture we
have across the organisation and maintaining good practice. We have received positive staff supleys, and
our 'customer' evaluations demonstrate a positive experien￿ for the referring Local ALrthorities.

DUDLEY LODGE
(a company limited by guarantee)
DIRECTORS'rrRUSTEES' REPORT
for the year ended 31 March 2024
2. Hurdle to continue to meet the requirements of the Lottery funding, whilst working towards
longer tèrm funding strategies.
All required outcomes for our third year of Lottery funding were succe55fully met. Our mi&way evaluation,
completed by Charity Fundraising LTD. demonstrated positive service outcames and was ac￿pted by the
Lottery in June 2024.
We conts'nue to work with Charity Fundraising LTD to strengthen our data analysis for the final evaluation,
due for completion in June 2026, which will include a cost-benefrt analysis to ensure our results are relevant
to both funders and Local Authority commlssloners.
In addition, we are midway through a PhD study being completed in partnership with Phoenix Psychology,
examining the impact of Hurdle's model on helping to facilitate change in what would be considered the
hardest to reach service users, who are at high risk of repeating cycles of trauma, and having children
removed. Expected to complete in May 2025, this research will provide valuabl8 insights into the
effectivenes8 of our approach and support future grant applications and local authority funding bids,
We are actlvely worklng in line with our fundraising strategy to develop relationships with charltable funders
and already have one post-lottery funder pledged and are in the procéss of submitting further blds to secure
lon￿terM funding.
3. To develop a project outline for Parenuchlld Fosterlng Assessment8, worklng wlth at least
one Local Authorlty to carry out a pllot.
In line with our timing to launch a pilot project within the 2024 financial year, we completed the preparatory
work to enter discussions with Local Authorities. We approached our regional Local Authorities in the hope
that a pilot could be undertaken in partnership with them,. however, we have so far been unable to secure
any commitment for this. We are now considering an akernative model of working with a private fostering
agency to develop this service and will move forward with these plans in the new financial year.
4. To malntaln a strong flnanclal posltSon, receivlng a hlgh level of referra18 from authoritles
across a wlde geographlcal range In respect of Famlly Agsessments, along with attractlng new
authorltles to our 3rd Centre.
We developed and implemented a marketing and digital strategy and set actions to attract business from
new areas. In conjunction with this we undertook an active marketing exercise for Saxon House, sharing
material with Commissioning Teams and arranging visits to the Centre. Our website and social media posts
saw a positive response to the news of our expansion, and since opening we have received an increased
interest from more northern Local Authorities.
Referral levels were strong throughout the year. Despite a major water leak at our Coventry Centre, which
resulted in five flats being out of use in March and April 2024, we generated a healthy surplus to continue
developing our services whilst remaining financially stable.
As we move forward into the new financial year, we face the ongDing the challenge of Local Authorities
working within tighter funding constraints and driving prices down. We are also seeing new family
assessment centres opening across the Country competing for placement5. We remain committed to
carrying our quality assessments and working with Local Authorities to offer effective, value for money
services.

DUDLEY LODGE
(a company Ilmtted by guarantee)
DIRECTORS'rrRUSTEES' REPORT
for the year ended 31 March 2024
5. To further develop our Staff Successlon Plannlng and Talent Acquisitlon processes to
ensure high quality, commltted teams that can ensure a seamless turnover of staffing.
We have a rolling Succession Action Plan in Flace for the organisation, with progress made on the delivery
of the plan reported to the People & Governance Committee annually. Work is underway to facilitate overall
succession planning. We continued work to implement an Improve Talent Profile and develop a 'live' talent
audit that provides a 'moment in time, analysis on the entire team. The Talent Audit has been SUC￿SSfUllY
kept up to date and we have reviewed our performance review process and implemented revised Talent
Profiling methods. We are also working to establish a robust action plan to strengthen our capacity to
expand, diversify and experiment.
We continue to develop more flexible ways of working to attract and retain employees in a competitive era.
Some of this work includes implementing compressed hours, job share, and hybrid working. We have
continued to attend the Residential Family Centre Forum quarterly and research the jobs market lo compare
and galn ideas from others. We continue to approach recruitment creatively. but we recognise residential
working is becoming an increasingly drficult area of work to attract potential employees into, with unsociable
hours being the biggest hurdle.
Plans for Future Perlods
2023-2026 Strate
c Priorities
We aim to expand our core services by launching our 3rd Residentlal Family Assessment C8ntre In
the Midlands, to provide more bespoke, expert Assessments every year.
o We aim to secure reliable, longer-term funding for Hurdle, increasing reach & ever diversifying our
Support Services according to need.
o We aim to provide innovative, cost saving solutions for safeguarding agencies.
We aim to offer new support services residentially and have continuous research in place to identify
and address gapsl challenges for Local Authorities.
The objectives for 2024125 are;
1. Pibt new assessment models.
2. Hurdle to continue to meet the requirements of the Lottery fundlng; 8nd working in line with our
Fundraising Strategy.
3. Address workforce challenges and have a posltlve reputation as an employer, providing good
salaries, benefits and opportunities.
4. Maintain a strong financial position, recRiving a hlgh level of referrals from authorities
across a wide geographical range in respect of Family Assessments. along with attracting new
authorities to our third Centre.
5. Stay committed to assessing our use of energy and proactively seek to reduce our carbon footprint
and make long temi savings for the charity, along with improving all of our facilities.

DUDLEY LODGE
(a company Ilmlted by guarantee)
DIRECTORS'rrRUSTEES' REPORT
for the year ended 31 March 2024
Financial Review and Results for the Year
During the year, we re￿iVed total income of £5,270k to deliver our services (2023: £4,669k),' an increase of
130/0 on the previous year. Despite increasing financial constraints for Local Authorities demand for
residential assessments remained strong throughout the year, and we were able to manage our centres to
exceed revised budgeted income levels and generate £4.703k of assessment income (2023- £4,133kJ.
Income from other services, including surveillance income, fell slightly to £415k (2023.. £425k) but overall,
there continues to be a need for high level surveillance for the families being assessed.
Our Hurdle support service received a further £83k from the National Lottery Communty Fund. This was the
3rd year of a &year funding award from the Lottery to support this vital work. A total of £23k in donations
was received during the year to fund the work of Hurdle, (see detail in note 1 of the accounts), including a
£12k grant from the Eveson Trust to fund the salary costs of one of our Project Workers. We would like to
thank all our donors who have supported the ongoing costs and continued development of our Hurdle
service.
We received a donation of £15k from the Wooden Spoon Soclety to upgrade the children's playground at our
Coventry centre. We also received an increased amount of investment income in the year totalling £32k
(2023: £5k) due to increases in bank deposit rates.
Resources expended on charitable activities durlng the year totalled £5,066k (2023: £4,239k), refiecting the
level of assessments and support work undertaken. Direct costs totalled £4,195k (2023: £3,449k), and
support costs totalled £871k (2023.. £790k). Staff costs increased by 17.50/0 over the year from £3,370 in
2023 to £3,960k, with the average number of employees increasing from 117 to 133 as staff were recruited
for our new centre. We also undertook our annual pay review to ensure that the charity's salary and pension
provision remains competitive, and that all our staff are fairly, remunerated and rewarded.
The charity spent £175k on fixed asset additions in the year, including £118k on the final conversion and
refurbishment costs relating to our new centre propety.
A defined pension contribution 'money purchase. scheme is in operation, under the government's automatic
enrolment initiative,. employer contributions of £137k (2023.. £117k) were made in the year.
At 31 March 2024 total funds were £4,289k {2023: £4,085k). Restrlcted funds totalled £38k, and Special
Trust funds totalled £152k. Unrestricted funds increased by £192k in the year from £3,907k to £4,099k; of
this £2,690k Is designated leaving £1.409k as free funds, see reserves pollcy below.
Reserves Pollcy
Reserves are requI￿d to meet the working capital requirements of the charity to safeguard the provision of
services should income generating activities be curtailed or delayed. The DirectorS￿ruStees have reviewed
the charity's needs for reserves in line with guidance issued by the Charity Commission and the
requirements of Ofsted and consider that the level of free reserves needed as of 31 March 2024 would be
£1,501k.
After allowing for funds set aside for functionavoperational tangible fixed assets, and Hurdle support services
(see detail in note 15 of the accounts) free reserves totalled £1,409k as of 31 st March 2024. This is a £92k
shortfall in the reserves requirement and the Trustees have set a surplus budget for the new financial year to
ensure this is met.
Prlnclpal Funding Sources
Local Authorities continue to represent the principal source of fvnding for the charity.

DUDLEY LODGE
(a company limited by guarantee)
DIRECTORS'ITRUSTEES, REPORT
for the year ended 31 March 2024
Investment Policy
The Directorsffrustees are empowered by the Memorandum and Articles to invest the charity's funds as
they see fit. The investment policy requires that surplus funds that are not required for working capital
purwses should be invested to provide maximum retum at a measured risk to the organisation.
All funds considered to be surplus from time to time are primarily invested on a short term or medium-term
fixed interest basis to ensure that the capital value is secure and readily available. To minimise the risk to
funds. investments are deposited with several banking institutions who are regulat￿ by the Financial
Services Authority and are members of the Financial SeNices Compensation Scheme. A smaller amount
continues to be invested in Income Units with the Charities Official Investment Fund.
The charlty's Investment Pollcy Is reviewed on an annual basis.
Rlsk Management
The Directorsrrrustees have a rlsk management strategy that comprises..
1) The operatlon of a rlsk register and an annual review of the risks the charity may face,.
2) The establishment of systems and procedures to mitigate those risks identrfied on the register,.
3) The implementation of procedures designed to minimise any potential impact on the charity should those
risks materialise. Procedures are in place to ensure compliance with health and safety of staff, families
and visitors to both Centres. These procedures are periodically reviewed to ensure that they continue to
meet the needs of the charity and.,
4) The adoption of a risk-based approach to manaJing bribery risks. Procedures have been put In place in
line with our commitment to zero tolerance to bribery based on the guidance in the Bribery Act.
structure, Governance and Management
Governlng Document
Dudley Lodge18 a charitable company limited by guarantee incorporated on 101h March 1999. The company
was established under a memorandum of association which established the objects and powers of the
charitable company and is governed under its articles of association. The Directors of the company are also
charity Trustees for the purposes of charity law and under the company's Articles are known as Board of
Directors. Under the requiremants of the Memorandum and Articles of Association the members of the
Board are elected to serve for a pertod of three years after which they must b8 r&elected at the next Annual
General Meeting.
There are three stsnding Committees..
A People and Govemance committee meeting quarterly
A Finance and Audit Committee meeting quarterly
A Remuneration Committee meeting annually
A Business Development and Project Group also meets on a quarterly basis.
A scheme of delegation is in place and day-to-day responsibilty for the provision of the ServI￿S rests with
the Chief Executive supported by other members of the Executive Team.

DUDLEY LODGE
(a company limited by guarantee)
DIRECTORS'ITRUSTEES. REPORT
forthe year ended 31 March 2024
DlrectorlTruste8 Induction and Tralning
Directorsrrrustees are recruited via intemet job sites, advertisements placed in Bimiingham and Coventry
newspapers and via Voluntary Action Coventry who support the voluntary and community sector in the city.
The Directorrrrustee appointment process includes a detailed introduction to the WOTk of the charity by the
Executive Team, Centre Managers and the Senior Management team., the role and responsibilities of a
DIrector￿rUste6 are explained by th& Chair of the Board.
During this proc8SS the context within which the charity operates is described with particular reference to the
Articles of Association, the Governing Rules and the role of Ofsted in relation to regulation inspection.
Following this, interested applicants are invited to tour the facilrties and attend committee and Board
meetings before making a commitment to join. New DirectOrs￿rUStees appreciate this process and are able
to contribute to the work of the charity quickly and positively.
Pay pollcy for 8enlor staff
The Trustees consider the Executive Team comprise the key management personnel of the Charlty in
charge of directing, running and operating the charity on a day-to-day basis. The pay of the executive staff is
reviewed annually by the remuneration committee and is based on performance and average eaming across
the sector. The remuneration ratio (highest paid versus the median salary) is 3.57 {2022123 - 3.29). The
rats'o increase was due to more less experienced new starters being recruited on lower scale points. We do
not pay less than the UK Living Wage.
Statement as to Disclosure of Infomiatlon to Audltor8
M&mbers of the Board of Trustees who are Directors for the purpose of company law and Trustees for the
purpose of charity law, who served during the year and up to the date of this report are set out on page 9.
In accordance with company law, as the company's DireCtorS￿rUSte@s, we certify that:
So far as we are aware, there is no relevant audit information of whlch the company's auditors are
unaware;
and;
As to the Directorsrrrustees of the company have taken all the steps that we ought to have taken
In order to make ourselv&s aware of any relevant audit infomiatlon and to establish that the charlty's
auditors are aware of that information.

DUDLEY LODGE
la company Ilmlted by guarantee)
DIRECTORS,￿RUSTEES, REPORT
for the year ended 31 March 2024
Reference and Admlnlstrativ8 Details
Dudley Lodge
Solicltors
Charlty reglstratlon number
Band Hatton Button Solicitors, 63-55 Butts Road,
Coventry CV1 3BH
1078207
Brindley Twlst Tafft & James Solicitors. Lowick Gate,
Siskin Drive, Coventry CV3 4FJ
Company reglstratlon number
03729909
Bankers
Reglstered Offlce and
Operatlonal address
Lloyds Bank, 30 High Street, Coventry CV15RA
Management Board of Dlractorsrrrustse8
143 Warwick Road,
Coventry,
WaNickshire
CV3 6AT
Mr P Roach - Chair
Mrs J Sullivan- Vlce Chair
Dr A Adefi'la
Ms Z Bailey
Mr D Beck- appolnted 11th May 2023
Ms J Flynn
Mr P Maddock
Mr G Nuttall
Dr S Raistrick
Dr C Wllson
Mr D Churchill - resigned 02nd July 2023
Mr K Scrivens- resigned 20￿ June 2024
Presldent
The Lord Bishop of Coventry
The Right Reverend Dr Christopher Cocksworth-
Resigned 22 November 2023
Vlce-Presldents
Mr R Quinn
Mr P Tudor
Executlve tsam member8 to whom day-t041ay
management of the charlty Is delegated by the
Board of DlrectorslTrustea8
Audltor8
Mrs C Davl8- Chlef Ex&cutive
Miss K Moore- Operations Manager
Mrs H Roebuck- Head of Finance
Mrs R White- Qperations Manager
Dafferns LLP,
One Eas￿oOd,
Harry Weston Road,
Binley Business Park,
Coventry
CV3 2UB
Company Secretary
Mrs H Roebuck

DUDLEY LODGE
(a company limited by guarantee
DIRECTORS'ITRUSTEES, REPORT
for the year ended 31 March 2024
DlrectorslTrust8es' Responsibilities in the Preparation of Flnanclal Statements
The Directors￿rustees are responsible for preparing the Management Board of Directors￿rustees Annual
Report and the financial statements in accordance with applicable law and United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the DirectOrs￿rUsteeS to prepare financial statements for each financial year, which
give a true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources, induding the income and expenditure, of the charitable company for that period.
In preparing these finanGial statements, the DirectorslTrustees are required to-.
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP 2019.,
make judgments and estimates that are reasonable and prudent"
state whether applicable UK Accounting Standards have been followed. subject to any materlal
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable c¢)mpany will continue in operation.
The Directorsrrrustees are responslble for keeping adequate accountlng records that disclose with
reasonable accuracy at any time the financial position of the charitable company and enable them to ensure
that the financial statements compty with the Companies Act 2006. They are a180 responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
In so far as the DireCtorS￿rUsteeS are aware:
there is no relevant audit information of which the charitable company's auditor is unaware-, and
the Directorsrrrustees have taken all steps that they ought to have taken to make themselves aware
of any relevant audit information and to establish that the auditor is aware of that information.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable company's website. Legislation in the United Kingdom governing the preparation
and dissemination of financial statements may differ from legislation in other jurisdictions.
The company has taken advantage of the small companies, exemption in preparing the report above.
The Directorsrrrustees declare that they have approved the Trustees, report (includlng Dlrectors report)
above.
Signed on behalf of the charlty's Dlrectorsrrrustees
Mr P Roach
Chair
Dated". 7 November 2024
io

DUDLEY LODGE
la company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF DUDLEY LODGE
Opinion
We have audited the financial statements of Dudley Lodge {the 'charitable companty) for the year ended
31 March 2024 which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement
and notes to the financial statements, including a summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted AccountiThJ Practice) including FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland"
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of
its incoming resour￿$ and application of resources, inclLKling its income and expenditure, for the
year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice., and
hav@ been prepared in accordance with the requlrements of the Charities Act 2011.
Basls for oplnlon
We conducted our audit in accordance wlth International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
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 requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basls for our opinion.
Concluslons relatlng to golng concarn
In auditing the financial statements, we concluded that the Trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on th8 work we have perfomed, we have not identified any material uncertainties relating to events
or conditions that, individually or collectively, may cast signifi'cant doubt on the company's ability to
continue as a going con￿rn for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the reswnsibilities of the Dlrectors with respect to golng concem are described In
the relevant sections of this report.
Other Informatlon
The other infomiatlon comprises the information Included in the annual report, other than th8 financial
statements and our auditor's report thereon. Our opinion on th& financial statements does not cover the
other inforniation and, except to the extent otherwise explicitly stated in our report, we do not express any
form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information Is
materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise
appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements. we are required to determine whether there is a material misstatement in the financial
statements or a material misstatement of the other information. If. based on the work we have performed, we
conclude that there is a material misststement of this other information, we are required to report that fact.
We have nothing to report in this regard.

DUDLEY LODGE
{a company Ilmlted by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF DUDLEY LODGE
Mattets on which we are required to report by exceptlon
We have nothing to report in respect of the following matters in relation to which Charities (Accounts and
Reports) Regulations 2008 require us to report to you rf. in our opinion..
the information given in the financial statements is inconsistent in any material respect with the
Trustees, report,. or
the charitsble company has not kept adequate accounting records., or
the financial statements are not in agreement with the accounting records and r8tums', or
we have not received all the infomiation and explanations we require for our audit.
Responslbllltles of Trustees
As explained more fully in the Trustees, responsibilities ststement set out on page 10, the Trustees (who are
also the Directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such
internal control as the Trustees determine is necessary to enable the preparation of financial statements that
are free from material mlsstatement, whether due to fraud or error.
In preparlng the financial statements, the Twstees are responslble for assessing the company's abllity to
continue as a going concern, disclosing. as applicable, matters related to going concem and using the going
concern basis of accounting unless the Trustees either intend to liquidate the company or to cease
operations, or have no realistic alternative but to do so.
Audltof s responsibllltles for the audlt of the flnanclal statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance
with regulations made under section 154 of that Act.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misslatement, whether due to fraud or error, and to issue an auditor's report that 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 from fraud or error and are considered mat&rial if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
Irregularities, includlng fraud, are InStan￿S of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The specific procedures for this engagement and the extent to which these ara
capable of deteding irregularitles, including fraud is detailed below:
Enquiry of management, and those charged with governance around actual and potential Iltlgatlon
and claims;
Enquiry of entity staff in compliance functions to Identlfy any Instances of noTr¢ompliance wlth laws
and regulations;
Reviewing minutes of mé&tings of those charged with governance.,
Reviewing financial statement disclosures and testing to supporting documentation to assess
compliance with applicable laws and regulations.
Performing audit work over the risk of management override of controls, including testing of journal
entries and other adjustments for appropriateness, evaluating the business rationale of signfficant
transactions outside the normal course of business and reviewing accounting estimates for bias.
Because of the inherent limitations of an audit, there Is a risk that we will not detect 811 irregularikn'es, including
those leading to a material misstatement in the financial statements or non-comp118nce with regulation. This
risk increas8s the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-
compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud
involves intentional concealment, forgery, collusion, omission or misrepresentation.
12

DUDLEY LODGE
(a company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF DUDLEY LODGE
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at.. wNw.frc.org.uklauditorsresponsibilitie8. This description forms part of our
auditor's report.
Use of our report
This report is made solely to the charitable company's Trustees, as a body, in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might
state to the charitable company's Trustees those matters we are required to state to them in an auditof s
report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone ot￿r than the charitable company and the charitable company's Trustees as a
body. for our audrt work, for this report, or for the opinions we have formed.
Geofftey Cox BA FCA (Senior Statutory Auditor)
for and on behalf of Dafferns LLP
Chartered Accountants
Statutory Auditor
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB
Date: 7 November 2024
Dafferns LLP is eligible to act as an auditor in temis of Section 1212 of the Companies Act 2006.
13

DUDLEY LODGE
(a company Ilmfted by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
(Including Income and Expendlture Account)
For the year ended 31 March 2024
Unrestricted Restricted Special
Fund
Fund
Trust
Total
2024
Total
2023
Not08
(see page 14)
Income from:
Donations and legacies
Investments
25,746
25,746
31,562
21,764
5,271
31,562
Charitable activities
3 5,117,783
95,107
5.212,890 4,641,813
Total Incomo
5,149,345
120,853
5,270,198 4,668,848
Expendlture on:
Raising funds
Charitable activities
5 4,973,050
93,370
5,066,420 4,238,914
Total expendltur•
4,973,050
93,370
5,086,420 4,238,914
Net Incomel(expendltur•)
before net galns
Net gainsl(losses) on Investments
178,295
384
27,483
203,778
384
429,934
(167)
Net Incomel(expendlture
Transfers between funds
178,879
15,000
27,483
(15,000)
204,162
429,767
15
Not movement In funds
191,679
12,483
204.162
429,767
Reconclllatlon of funds
Totsi funds brought forward
3,907,242
25,325 152,150 4,084,717 3,654,950
Total funds carrled forward
4,098.921
37,808 152.150 4,288,879 4,084,717
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
The notes on pages 19 to 31 form part of these accounts.
14

DUDLEY LODGE
(a company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
(Includlng Income and Exp8nditure Account)
For the year ended 31 March 2023
Unrestrfcted Restrlctsd Speclal
Fund
Fund
Trnst
Total
2023
Notes
Income from:
Donations and legacies
Investments
21,764
5.271
21,764
5,271
Charitable activities
3 4.558,090
83,723
4,641,813
Total Income
4,585,125
83,723
4,668,848
Expendlture on:
Raising funds
Charitable 8Ctlvities
5 4,181.564
77,350
4,238,914
Total expendlture
4,181.564
77.350
4,238,914
Net Incomellexpendlture)
before net galns
Net gainsl(losses) on investments
423,561
(167)
6,373
429,934
(18n
11
Net Incomellexpendlture)
Transfers between funds
423,394
6,373
429,787
15
Net movement In funds
423,394
6,373
429,767
Reconclllatlon of funds
Total funds brought forward
3,483,848
18,952 152,150 3,654,950
Total funds carrled forward
3,907,242
25,325 152,150 4,084,717
The statement of fjnancial actlvltles includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
The notes on pages 19 to 31 form part of these accounts.
15

Registered No. 03729909
DUDLEY LODGE
(a company Ilmlted by guarantee)
BALANCE SHEEr
As at 31 March 2024
2024
2023
Notes
Flxed Assets
Tangible assets
Investments
10
2,460,885
4,637
2,374.522
4.253
2,465,522
2,378,775
Current assets
Debtors
Cash at bank and in hand
12
760,409
2,180,286
812,786
2,096,943
2,940,695
2,909,729
Crndltors: amounts falling due
within one year
13
(454,126)
(515,28n
Net currnnt assets
2,486,569
2.394.442
Totsl assets less current Ilabllltlos
4,952,091
4,773,217
Credltors.. amounts falling due after
more than one year
14
{863,212)
(688,500)
Net asset8
4,288,879
4,084,717
Funds of the charlty:
Unrestricted funds
General fund
Designated funds
Revaluation reserve
15
1,453,200
2,618,077
2.379
1,233,157
2,672,090
1,995
15
Total Unrestrlcted Funds
Restricted funds
Special trust
4,073,656
63,073
152.150
3.907,242
25,325
152,150
15
15
4,288,879
4,084,717
For the year ended 31 March 2024 the company was entitled to exemption from audit under Section 477 of
the Companies Act 2006 relating to small companies but as this company is a charity, it is subject to audit
under the Charities Act 2011.
Directors'tfrustees, responsibilities..
The members have not required the company to obtain an audit of its accounts for the year in
question in accordan￿ with Sectron 476.,
The Directorsrrrustees acknowledge thelr responsibilities for complying with the requirements of the
Act with respect to accounting records and the preparation of accounts.
16

Registsred No. 03729909
DUDLEY LODGE
(a company Ilmlted by guarante8)
BALANCE SHEEr
As at 31 March 2024
These financial statements have been prepared in accordan￿ with the provisions applicable to companies
subject to the small companies, regime.
The financial statements were approved by the Board of Directors'rrrustees, and authorised for issue on
7 November 2024 and signed on its behalf by:
Mr P Roach - Chalr
The notes on pages 19 to 31 form part of these accounts.
17

Reglstered No. 03729909
DUDLEY LODGE
(a company Ilmlted by guarantee)
CASH FLOW STATEMENT
As at 31 March 2024
2024
2023
Cash flow from operatlng actlvftles
Interest paid
19
282,748
(46,658)
442,631
(35,714)
Net cash flow from oparatlng actlvltle8
238,090
406,917
Cash flow from Investlng actlvftles
Payments to acqulre tangible fixed assets
Interest received
(160,333)
31,438
{1,159,421)
5.147
Net cash flow from Investlng actlvltlos
(128,895)
{1,154,274)
Cash flow from flnanclng actlvltles
Repayment of long-term loans
Receipt of long-temi Loan
(23,852>
(20,027)
659,750
Net cash flow from flnanclng actlvltla8
(23,852)
639.723
Net Increase In cash and cash equlval6nts
83,343
(107.634)
Cash and cash equlvalents at 1 Aprll 2023
2,096,943
2,204,577
Cash and cash equlvalents at 31 March 2024
2,180,286
2,096,943
Cash and cash equlvalents ¢onslst of:
Cash at bank and in hand
2,180,286
2,096,943
2,180.286
2.096,943
Cash and cash equlvalents at 31 March 2024
The notes on pages 19 to 31 form part of these accounts.
18

DUDLEY LODGE
(a company Ilmlted by guarantse)
ACCOUNTING POLICIES
For the year ended 31 March 2024
The following accounting policies have been used consistently in dealing with items which are
considered material in relation to the charitable company's accounts.
General Informatlon and basls of preparatlon
Dudley Lodge is a charity incorporated and limited by guarantee in England I Wales. In the event of the
charity being wound up, the liability in respect of the guarantee is limited to £20 per member of the
charity. The address of the registered office is given in the charity information on page 9 of these
financial ststements. The nature of the charty's operations and principal activities are to provide
accommodation to vulnerable children, young people and their parents for the purpose of assessment
and support.
The charity constitutes a public benafit entity as defined by FRS 102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
St8ndard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 , the Financial
Reporting Standard applicable in Ihe United Kingdom and Republic of Ireland (FRS 102), the Charities
Act 2011, the Companies Act 2006 and UK Generally Accepted.
The flnanclal statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling whlch is
the functional currency of the charity and rounded to the nearest £1.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.
Income recognltlon
Items of income are recognised and induded in the accounts when all of the following criteria are met-
the charity has legal entitlement to the funds;
any performance conditions attached to the item of income have been met or are fully within the
control of the charity-
there is sufficient certainty that receipt of the income Is considered probable- and
the amount can be measured reliably.
For legacles, entitlement Is taken as the earlier of-.
the date on which the charity is aware that probate has been granted;
the estate has been finalised and notification has been made by the executor(s) to the Twst that
a distribution will be made- or
when a distribution is received from the estate.
Receipt of a legacy, in whole or In part, Is only considered probable when the amount can be measurad
reliably, and the charity has been notified of the executor's intention to make a distribution. ￿here
legacies have been notified to the charity, or the charity is aware of the granting of probate, and the
criteria for income recognition have not been met. then the legacy Is treated as a contingent asset and
dlsclosed if material.
19

DUDLEY LODGE
(a company Ilmlted by guarantee)
ACCOUNTING POLICIES
For the year ended 31 March 2024
Expendlture recognltlon
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. Expenditure is recognised where there is a legal or
constructive obligation to make payments to third parties, it is probable that the settlement will be
required, and the amount of the obligation can be measured reliably. It is categorised under the following
headings..
Costs of raising funds includes direct costs of fundraising activities.,
Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of
its activities and services for its beneficiaries. It includes both costs that can be allocated directly to
such activities and those costs of an indirect nature necessary to support them" and
Other expenditure represents those items not f811ing Into the categories above.
Irrecoverable VAT Is charged as an expense agalnst the activity for which expenditure arose.
Support costs allocatlon
Support costs are those that assist the work of the charity but do not dlrectly represent charitable
activities and include office costs, governance costs, administrats've payroll costs. They are incurred
directly in support of expenditure on the objects of the charity and include project management carried
out at Headquarters. Where support costs cannot be directly attributed to particular headings they have
been alIC￿ated to cost of raising funds and expenditure on charitable activities on a basis consistent with
use of the resources.
Funds
Unrestrlcted Funds
Comprises those funds which the DIrectors￿rUSteeS are free to use for any purpose in furtherance of
the charitable objects.
Deslgnated Funds
Unrestricted funds include designated funds where the Directors￿rustee8, at their discretion, have
created a fund for a specific purpose.
Restricted Funds
Restricted funds comprise those funds where the donor has attached restrlctlons to its application.
Speclal Trust Funds
In October 2007, the Dunsmoor charity was wound up and all assets were transferred to Dudley Lodge
wfth prior approval from the Charty Commission.
Based upon the restrictlons Identlfled In the Dunsmoor charity accounts prior to transfer, the monies
received were set up as a Special Trust and restricted funds in Dudley Lodge.
On 19th August 2010, Dudley Lodge were granted pemisslon by the Charity Commission to usa the
monies received from the Dunsmoor Charity to contribute to the purchase 8nd refurbishment of a new
residential family Centre. The Special Trust monies were ordered to be set aside each year ft)r ten
years, which Dudley Lodge must invest as a permanerrt endowment.
Further details of each fund are disclosed in note 15.
20

DUDLEY LODGE
(a company Ilmlt8d by guarantee)
ACCOUNTING POLICIES
For the year ended 31 March 2024
Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation
and accumulated impairment losses. Cost includes costs directly attributable to making the asset
apable of operating as intended.
All assets costing more than £1,000 are capitalised. Depreciation of fixed assets is charged by equal
instalments commencing with the year of acquisition at rates estimated to write off their cost less any
residual value over the expected useful lives as follows..
Freehold land
Freehold buildings
Leasehold land and buildings
Fixtures and fittings
Computer equipment
50 years
Over the remaining tsrm of the lease
5t0 10 years
3 years
Investments
Investments are recognised initially at falr value whlch is normally the transaction prlce excluding
transaction costs. Subsequently, they Sre measured at fair value with changes recognised in 'net gains I
{losses) on investments, in the Statement of Financial Activities if the shares are publlcly traded or their
fair value can othenNlse be measured reliabty. Other investments are measured at cost less impairment.
Debtors and credltors rocolvable I payable wtthln one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded
at transaction price. Any losses arising from impairment are recognised in expenditure.
Operating leases
Rentals payable under operating leases are charged to the Statement of Financial Activities over the
period of the lease.
Loan8 and borrowlngs
Loans and borrowings are initially recognised at the transaction price including transactlon costs.
Subsequently, they are measured at amortised cost using the effective interest rate method, less
Impairment. If an arrangement constitutes a finance transaction it is measured at present value.
Penslons
Employees of the charity are eligible for automatic enrolment in the company's defined contribution
pension scheme. The contributions charged to the Statement of Financial Activities are disdosed in
note 6 to the accounts. There were outstanding contributions of £nil included within other creditors at
the year end.
Golng concern
The financial statements hava been prepared on a going concern basis as the Trustees believe that no
material uncertainties exist. The Trustees have considered the level of funds held and the expected level
of income and expenditure for 12 months from authorising these financial statements. The budgeted
income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a
going concern.
21

DUDLEY LODGE
(a company Ilmlted by guarantse)
ACCOUNTING POLICIES
For the year ended 31 March 2024
Financlal Instruments
Flnanclal assets
Basic financial assets, including trade and other receivables, cash and bank balances are inltially
recognised at transaction price.
Other financial assets, including investments in equity instruments and which are not subsidiaries.
associates or joint ventures, are initially measured at fair value which is normally transaction price. Such
assets are subsequently carried at fair value and the changes in falr value are recognised in profit and
loss.
Flnanclal Ilabllltles
Basic financial liabilities, including trade and other payables, and bank loans that are classlfied as debt
are initially recognised at transaction price. Debt instruments ar8 subsequently carried at amorts'sed
cost, using the effective interest rate method.
22

DUDLEY LODGE
(a company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
Donatlons and legacies
2024
2023
Dcffiations
25,746
21,784
Below is a list of donations received that are classified within restricted income during the financlal
year:
2024
29th May 1961 Charitable Trust
Baron Davenport's Charity
Lillie Johnson Charltable Trust
Other Donations
Queens Road Baptist Church
st. Barbaras Church
The Squire Patton Bogg Charitable Trust
Alchemy Charitable Trust
The W E Dunn Trust
William A Cadbury Charitable Trust
Gowling WLG (UK) Charitable Trust
Wooden Spoon Society
5,000
155
1,000
216
425
400
250
1.000
300
1,000
1,000
15,000
25,746
Investment Income
2024
2023
Listed investments
Other interest receivable
124
31.438
124
5,147
31,582
5,271
Income from ¢harltablo actlvltles
2024
2023
Residential assessment charges
Other services
National Lottery Communlty Fund grant
The Eveson Trust grant
4,702,805
414,978
83.107
12,000
4,132,843
425,247
83,723
5,212,890 4,641,813
23

DUDLEY LODGE
(a company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
Expendlture on ralsing funds
2024
2023
Fundraising costs
Charftable actlvltles - famlly care. assessment and support
2024
2023
Costs dlrectly allocated to actlvltles
Staff costs (including ancillary costs)
Staff training
Premises costs
Securty
Household expenses
Loan interest
Depreciation
3,426,132
67.542
500.265
1,910
73,009
46,858
79,772
2.838,141
62,786
339,848
5,082
105,213
35,714
62,430
4,195,288
3,449,214
Support costs
Staff costs (including ancillary costs)
Office costs
Other expenses
Depreciation
Audit and accountancy
Other govemance costs- DirectOr￿rUStee training etc
534,018
72,904
237,729
9,198
11,387
5,896
531,620
56,417
179.100
7,233
8.810
6,720
871,132
789,700
5,066,420 4,238,914
24

DUDLEY LODGE
(a company Ilmlted by guarantse)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
2024
2023
Staff costs
Wages and salaries
Social security costs
Pension costs
Other employee benefits
3,315,530
308,530
136,917
201,173
2,802,302
268,349
116,647
182.463
3,960,150
3,369,761
The number of hlgher pald employees was:
Taxable emoluments band £60,001- £70,000
Taxable emoluments band £70,001- £80,000
Taxable emoluments band £80,001- £90.000
Taxable emoluments band £100,001- £110,000
Number
Numbor
The average number of employees analysed by function was: .
Provision of family care and as8es8ment
Support
118
15
102
15
133
117
Full time equivalent
98
89
Key Management Personnel (Senlor manag8mentl remuneratlon
There are three members of the senior management team (2023.. three) and their aggregated
remuneration in respect of qualifyiro ServI￿S was:
2024
2023
Remuneration and benefrts including employers NIC
Pension
294,211
13,104
212,577
7,214
307.135
219,791
Dlrectors'rrru8tee8' remuneratlon
No Directorsrrrustees received any reMUnera￿On for the current or preceding year, however £528
was paid to 5 Directorsrrrustees as expenses (2023: £270 paid to 4 Directors￿ruStee8),
2024
2023
Net Incomlng I loutgoing) resources
This is stated after charging-
Auditors remuneration - audit
Auditors remuneration - other services
Depreciation
8,500
20,170
88,970
8,250
17,502
69,663
25

DUDLEY LODGE
(a company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
Taxatlon
As a charitable company, Dudley Lodge is exempt from tax on income and gains falling within
section 505 of the Taxes Act 1988 or S256 of the Taxation of Chargeable Gains Act 1992 to the exient
that these are applied ta its charitable objects. No tax charges have arisen in the charitable company.
10 Flxed assets
Computers,
flxtures and
fittings
Freehold
premlses
Leasehold
premises
Total
Cost
1 April 2023
Addth'ons
Disposals
1,958,063
95,051
505,896
599,630
80,282
3,063,589
175,333
31 March 2024
2,053,114
505,896
679,912
3,238,922
Dèpraclatlon
1 April 2023
Charge for year
Eliminated on disposal
207,591
9,647
108,550
38,861
372,926
40,482
689,087
88,970
31 March 2024
217,238
147,411
413,388
778,037
Nat book value
31 March 2024
1,835,876
358,485
266,524
2,460,885
31 March 2023
1,750,472
397,346
226,704
2,374,522
Included In freehold premises is land valued at £88,120 whlch Is not depreciated.
Leasehold premises were acquired on 3 March 2010 and comprised a 54-year occupational lease of
Bonner House, this lease was extended on 27 January 2017 to a 125-year lease from that date.
11 Flxed asset Investments
1 April 2023
Net gains l (losses) on revaluation at 31 March 2024
4,253
384
Market value at 31 March 2024
4,837
Historical cost at 31 March 2024
2,258
Investments consist of..
Charities Official Investment Fund
4,637
26

DUDLEY LODGE
(a company Ilmlted by guaranteo)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
2024
2023
12 Debtors
Debtors - accommodation charges
Prepayments and accrued income
627,679
132,730
665,613
147,173
760,409
812,786
2024
2023
13 Credltors: amounts falling due within one year
Bank loan (See note 14)
Trade creditors
Accruals
Tax and social securlty
other creditors
26,174
126,555
115,472
158,497
27,428
24,738
244,851
132,241
84,018
29,439
454,126
515,287
2024
2023
14 Credltors: Amounts falling due after more than one year
Bank loan
863,212
688,500
The bank loan for Bonner House, is secured by a legal charge over freehold property, and is
repayable by monthly inst81ments. Interest Is being charged at 3.280/0 over Lloyds Bank plc Base
Rate.
In the current year a bank loan was obtalned for the purchase of 96 Tettenhall Road, this is secured by
a legal charge over freehold propety, and is repayable by monthly instalments. Interest is being
charged at 6.51 OA over Lloyds Bank plc Base Rate.
Amounts falling due on the bank loan are as follows:
2024
2023
In one year or less {note 131
Be￿een one and two years
Be￿een and five years
Over five years
26,174
27,426
90,652
545,134
24,738
26,174
86,372
575,954
689,386
713,238
27

DUDLEY LODGE
(a company limlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
Forthe year ended 31 March 2024
15 Analysls of charltable funds
Balance
31 March
2023
Balance
31 March
2024
Incomlng Resources
Gainsl
Resources Expended Transfer5 (Losses)
Unrestricted fund
Designated funds..
Fixed Asset Fund
2,374,522
Capital Building Fund 115,173
Hurdle Support Services..
(Inc. The Paul Tudor Fund)182,395
Revaluation Reserve
1,995
Restricted funds..
National Lottery
Community Fund -
RC Midlands Region
25.325
Hurdle Support Services..
(Inc. The Paul Tudor Fund)
Wooden Spoon Soclety
Special Trust Fund
1,233,157
5,149,345 (4,858,591) {115,190)
1,408,721
86,363
<71,173)
2,460,885
44,000
(114,459)
115,000
182.936
2,379
384
83,107
(79,624)
28,808
22,746
15,000
(13,746)
9,000
(15,000)
152,150
152,150
4,084,717
5,270,198 (5,066,420)
384 4,288,879
Unrestrlcted Fund8
The'free reserves" which are available to be spent on the purposes of the charity.
Deslgnated funds
Fixed Asset Fund is the value of unrestricted funds represented by the tangible fixed assets owned by
the charity. These are used for operational purposes and have been excluded from 'free reserves,
under Charlty Commission guidelines.
Capital Building Fund represents the amount set aside by the Dlrectorsrrrust8es to create addltlonal
space and to expand operational facilities.
Hurdle Support Services (Inc. The Paul Tudor Fund) are funds committed to support the Hurdle
Service which is aimed at helping parents who are at risk of losing their children to the care system or
who have already lost their children to the care system.
Revaluation Reserve Fund is required by the Companies Act and represenls the amount by which
investments exceed their historlcal cost.
Restrlcted funds
The Restricted Fund represents monias received from The National Lottery Community Fund - RC
Midlands Region programme. These funds will assist wlth the provision of the Hurdle community
support service.
Hurdle Support ServI￿s (Inc. The Paul Tudor Fund) are funds committed to support the Hurdle Service
which is aimed at helping parents who are at risk of losing their children to the care system or who
have already lost their children to the care system.
28

DUDLEY LODGE
(a company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
15 Analysls of charltable funds (Continued)
In the previous year a £15,000 grant received from The Eveson Trust, and subsequent expenditure
was accidentally presented as unrestricted funds instead of restricted funds. Due to the income and
expenditure both occurring in the previous financial year, the net effect was £nil.
Sp8cial Trust Fund - Dunsmoor Fund
On 19 August 2010, Dudley Lodge were granted permission by the Charity Commission to use
permanent endowment monies, received from the Dunsmoor Charity in October 2007, to contribute to
the purchase and refurbishment of a new residential family ￿ntre. Under the Charity Commission
recoupment order made at that time, £15,215 had to be repaid to the fund each year for the next ten
years to replace the money used. Interest received. which is below £500, has been recorded In
unrestricted funds and was fulty spent on family acts'vities.
16 Analys18 of net assets between funds
Unrestrlct•d R•strlcted Speclal Trust
Total
Fund balances at 31 March 2024 are
represented by:
Tangible fixed assets
Investments
Cash at bank and in hand
Other net assets
2,460,885
4,637
1,990,329
(356,929)
2,480,885
4,637
2,180.288
(356,929)
37,807
152,150
4,098,922
37,807
152,150
4,288,879
17 Operatlng lease commllments
Total future minimum lease payments under non-cancellable operating leases are as follows..
Land and Bulldlngs
2024
2023
Within one year
One to five years
More than five years
7,500
30,000
2,364,482
7,500
30,000
2,371,982
Offl¢e Equlpmènt
2024
2023
Wthin one year
One to five years
2.554
2,319
1,709
2,759
18 Capltal commltments
2024
2023
Contracted but not provided for in the financial statements
29

DUDLEY LODGE
(a company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
19 Cash flow from operatlng actlvltles
2024
2023
Net movement in funds
Depreciation
Interest payable
Interest receivable
Lo8sesl(gains) in investments
Decreasel(increase) in debtors
Increasel(decrease) In creditors
189,162
88,970
46,658
(31,438)
(384)
52.377
(82,597)
429,767
69,663
35,714
(5.147)
167
(325,636)
238,103
282,748
442,631
20 Ultlmate controlllng party
The Charity is under the control of its Board of Director8rrrustees throughout the current and
preceding year.
21
Related party transactlons
There are no related party transactions during the period <2023.. £nil).
22 Penslons and other post-retlrement beneffts
Defined contribution pension plans
The charity operates a defined contribution pension plan for its employees. The amount recogni8ed
as an expense in the period was £136,917 (2023.. £116,617).
The defined contribution liability is allocated to unrestrlcted funds.
30

DUDLEY LODGE
(a company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
23 Flnanclal Instruments
The carrylng amounts of th& charity's financial instruments are as follows:
2024
2023
Financlal assets
Measured at fair value through net income l expenditure:
Fixed asset listed investments {note 11)
4.637
4,253
Debt Instruments measured at amortlsed cost:
Debtors - accommodation charges (note 12)
627,679
665,613
Financial liabilities
Measured at amortised cost
Bank loans (notes 14)
Trade creditors (notes 13)
Other creditors (notes 13)
(889,386)
(126,555)
(27,428)
(713,238)
(244.851)
{29,439)
The income, expenses, net gains and net losses attrlbutable to the charity's financial instruments aro
summarised as follows..
Net galns and losses (including changes in fair value)
Financial assets measured at fair value through net income l expenditure
384
Financial liabilities measured at amortised cost through net income l expendlture (46,658)
{167)
(35.714)
31