REGISTERED CHARITY NUMBER: 1118835
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
FOR
THE DULLATUR FOUNDATION
Charity Commission
12 FEB 2025
Received
Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Fami Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

THE DULLATUR FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
The trustees present their r8POrt with the financial statements of the charity for the year ended 5 April 2024.
The trustees have adopted the provisions of Accounting and Reporting by Charities: Ststement of
Recommended Practice appliGable to charities preparing their accounts in accordanc8 wtth the Financial
Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Trust is a general purpose charity and the intention of the Trustees is to develop main areas of benefit
over the course of time. The Trustees meet annually to agree the grants payable in the year and research the
appropriate charities as required before making any payment.
The Trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2011 to hav8 due
regard to public benefit guidance published by the Charity Commission in detemiining the activities
undertaken by the charity.
ACHIEVEMENT AND PERFORMANCE
Charltable actlvities
Grants paid during the year have been made to other charitses to provide funds for their ongoing 8xpenses
and assist them in meeting their own charitable objecttves. Further donations were received by the Trust
during the year and grants of £172,500 were paid mainly to other charitable instttutions, as disclosed in note
6 to the accounts. A transfer of £139,203 was made from the Endovmient Fund to th8 Incom8 Fund. The
Trustees have a policy of releasing funds from the Endowment Fund. as required. to meet the oparating
needs of th8 Trust.
FINANCIAL REVIEW
Principal funding sources
The attached accounts show the current state of the Trusys finances to be sound.
The Trust was estsblished by an initial grant from Mr Massey and has Gontinued to be supported with further
funding from him. It is envisaged that he will make further contributions in the future.
Investment pollcy and objectlves
The investment policy has been to to invest in a diversffied portfolio of global securities. The investment
raturns for the period have been satisfactory. The Trustees continue to keep the value5 of investments under
regular review, parttcularly given the current global circumstances. For further details regarding the valuation
of the investments please see note 10 to the accounts.
Reserves policy
In view of the fact that the Trustees are able to apply capital of the Fund as well as income, the Trustees
consider they have sufficient resources to respond to applICa￿nS for grants and ensure that there are
adequate funds available to cover support and govemance costs. The In(J)me Fund reserve at 5 April 2024
was £Nil and the Endowment Fund reserve was £613.866..
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The Dullatur Foundation was estsblished by a Trust Deed dated 16 March 2007.
Recruitm8nt and appolntment of new trustees
The power of appointing new or addib'onal Trustees is vested in the Trustees. The Trustees keep the skill
requirements of Trustees under review and any new Trustee is provided with guidance on the requirements of
Trustees. roles from the Charity Commission website.
Page 1

THE DULLATUR FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT
Organisational structure
The Trustees meet at least once a year to discuss and consider the potential areas of activity for the Trust,
including consideration of grant making. investment, ￿SeNeS and risk management policies and
performance. The day to day administration of grants and the processing are delegated to the trustee, David
Othick. Th8 Trustees decide on the grants to be paid after careful review of the applications receiv8d. This
strategy will continue to be implemented for as long as the number of applications remains relatively small.
The Trustees have wider powers of investrnent vested in them by the Trust Deed.
Risk management
The Trustees have reviewed the areas vthere potential and major risks may arise to the Foundation in
accordance with the statement of recommended practice and have established systems and procedures to
manage those risks. The principal risk faced by the Foundation lies in the performance of investments and
the variability of investment returns. This is mitigated by retaining expert investment managers and having a
diversified investrnent portfolio.
REFERENCE AND ADMINISTRATIVE DEfAILS
Registered Chartty number
1118835
Principal address
The Old Coach House, Bergh Apton
Norwich
Norfolk
NR15 1DD
Trustees
A Massey
H Mock
M D Willcox
J Mock
Mrs S Mock
D M Othick
J J Allman
Mrs A E Othick (appointed 1811012023)
Independent Examiner
Zubair Arshad
FCCA
Ad Valorem Accountancy ServI￿s Ltmited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN
Page 2

THE DULLATUR FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
REFERENCE AND ADMINISTRATIVE DEfAILS
Accountants
Ad Valorem Accountancy SeNices Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Milton Keynes
Buckinghamshire
MK12 5NN
Bankers
The Trust's bankers are Lloyds Bank PLC. The Trust also has funds in a dient account held with Cty Asset
Management PLC.
Approved by order of the board of trustees on ........-.........-........-................. and signed on tts b8half by:
D M Othick- Trust88
Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE DULLATUR FOUNDATION
Independent examiner's report to the trustees of The Dullatur Foundation
I raport to the charity trustees on my examination of the accounts of Th8 Dullatur Foundation (the Trust) for
the year ended 5 April 2024.
Responslbllltles and basls of report
As the charity Irustees of th8 Trust you are ￿pOnSIble for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 (Ihe ACV).
I report in resp8Ct of my examination of the Trusfs accounts carried out under Section 145 of the Act and in
carrying out my examination I have followed all applicable Directions given by the Charty Commission under
Section 145{5)(b) of the Act.
Independent examinerfs statement
I hav8 completed my examination. I confimi that no material matters have come to my attention in connection
with the examination gtving me cause to believe that in any material respect:
accounting records were not kept in respect of the Trust as required by Section 130 of the Act. or
the accounts do not accord with those records: or
the accounts do not comply with the applicable requirements conceming the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 othar than any requirement
that th8 accounts give a tNe and fair view which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no oth8r matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
YJJ,
Zubair Arsh
FCCA
Ad Valorem Accountancy Services Limited
Chart8r8d Certified Accountants
2 Manor Fami Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN
Page 4

THE DULLATUR FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
Totsl
funds
Unr•strictsd
fund
Endowm•nt
fund
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
30.000
30,001
35.000
Investment income
20,745
20.745
20,132
Total
50.745
50.746
55.132
EXPENDITURE ON
Raising funds
7.094
7,094
14.165
Charltable activities
Grants paid
172.500
172.500
582,500
Other
11.074
11,074
3,988
Total
190.668
190.668
600.653
Net gains on investments
3.129
3.129
210,132
NET INCOMEI(EXPENDITURE)
Transfers between funds
(139,923)
139,923
3.130
(139,923)
(136.793)
(335,389)
14
Net movement in funds
(136,793)
(136,793)
{335,389)
RECONCILIATION OF FUNDS
Total funds brought forward
750,659
750.659
1,086,048
TOTAL FUNDS CARRIED FORWARD
613.866
613.866
750,659
The notes fonn part of these financial ststements
Page 5

THE DULLATUR FOUNDATION
BALANCE SHEET
5 APRIL 2024
2024
2023
Notes
FIXED ASSETS
Investments
10
559.788
617.126
CURRENT ASSErs
Debtors
Cash at bank
11
656
60,101
139,493
60.757
139,493
CREDITORS
Amounts falling due within one year
12
(6,679)
(5,960)
NET CURRENT ASSETS
54,078
133,533
TOTAL ASSEfs LESS CURRENT
LIABILITIES
613.866
750,659
NET ASSETS
613,866
750.659
FUNDS
Endowment funds:
Endowment Fund
14
613,866
750,659
TOTAL FUNDS
613,866
750,659
The financial ststements were approved by the Board of Trustees and authorised for issue on
. and were signed on its kehalf by:
D M Othick - Trustee
The notes form part of these financial statements
Page 6

THE DULLATUR FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL sTATEME￿rs
The financial ststements of the charity, which is a public Iknefft entity under FRS 102, have been
prepared in accordance wtth the Charities SORP (FRS 102) 'Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to Charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)
(effective 1 January 2019)., Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have
be8n prepared under the historical cost convention, with the exception of investments which are
includ8d at market value, as modified by the revaluation of certain assets.
The charity is registered in the United Kingdom and the principal address is The Old Coach House,
B8rgh Apton. Norwich. Norfolk. NR15 1 DD.
Tha presentation currency is GBP sterling.
INCOME
All income is recognised in the Statement of Financial Activiti8s On￿ the charty has entitlem8nt to the
funds. it is probab18 that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure. it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditur8 IS
accounted for on an accruals basis and has been classlfied under headings that aggregate all cost
related to the category. Where cosls cannot be directly attributed to particular headings they have been
allocated to activities on a basis consistent with the use of resouros.
Grants offered subject to conditions which have not been met at the year end date are noted as a
Commitrnent but not accrued as expenditure.
ALLOCATION AND APPORTIONMENT OF COSTS
Resources are allocated to the particular Fund where the costs relate directly to that Fund. The cost of
general direction and administration is borne by the Income Fund.
TAXATION
The Trust is a registered charity and accordingly is exempt from taxation on its income and gains
where they are applied for charitable purposes.
FUND ACCOUNTING
Th8 Trust maintains funds. as follows:
Endowment Fund
The exp8ndable Endowment Fund represents donations recewed which form part of the Capital fund of
the Trust. The Fund is expendable endowment insofar as the Trustees have discretion to expend the
Fund in the furtherance of the objects of the Trust.
Income Fund
The Income Fund represents the income arising on the Endowment Fund and is expendable at the
discretion of the Trustees in furtherance of the objects of the trust. The Fund is a g8neral unrestricted
fund.
FOREIGN CURRENCIES
Transactions in foreign currencies are translated into sterfing at th8 rate of exchange ruling at the date
of transaction.
Page 7
continued...

THE DULLATUR FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024
ACCOUNTING POLICIES - contlnued
Investments
Investments are included in the balance sheet at market valu8. The Statèment of Financial Activities
includ8s th8 net gains and losses arising on revaluations and disposals throughout the year.
Llabilities and provisions
Liabilities and provisions are recognised where the chartty has a present obligation reSu￿1ng from a
past event. that will probably resutt in the transfer of funds to a third paty and the amount due to settle
the obligation can be measured or estimated ￿lIablY. Creditors and provisions are normally
recognised at their settlement amount after allowng for any trade discounts due.
Grants payable
Grants payable are included in the Statement of Financial Activities in the period in which the
conditions attached to the award have been met. Any grants where condtbons have been met but the
grant has not yet been paid are accounted for as creditors on the Balance Sheet. Where grants have
been approved in principle but conditions attached to the award have not yet been met, these are
included in the notes to the accounts as a commitmenL
DONATIONS AND LEGACIES
2024
2023
Donations
30,001
35,000
INVESTMENT INCOME
2024
2023
Dividends from investments
Deposit account interest
19,337
1.408
20,132
20,745
20,132
RAISING FUNDS
RAISING DONATIONS AND LEGACIES
2024
2023
Support costs
4,950
Page 8
continued...

THE DULLATUR FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024
RAISING FUNDS - continued
INVESTMENT MANAGEMENT COSTS
2024
2023
Support costs
7.094
9,215
Aggregate amounts
7,094
14,165
CHARITABLE ACTIVITIES COSTS
Grant
funding of
a¢tivJtles
{s¢e note
61
Grants paid
172,500
GRANTS PAYABLE
2024
2023
Grants paid
172.500
582,500
The total grants paid to institutions during the year w8r8 as follows:
5.4.24
5.4.23
Acid Survivors Trust
Cardiac Risk
Charlie House
Chorlton High School
Craigalbert
5,000
5,000
10,000
5,000
5.000
Crosshouse Children
2,000
Dollywood Foundation UK
Dimbleby Cancercare, Richard
Evelina Childrens
Fortalice Limited
Glasgow Children's Hospital Charty
Henry Van Strauben
Integrate UK
Maggie's Manchester
Nagajuna Trust (The)
Norfolk & Norwich University Hospital
Olympias Music Foundation
Perrvs Pantry Foodbank
Plan International UK
Portico Library
Prisoners Abroad
Pioneer House School - Sensory Room Project
Roald Dahl's Marvellous Children's Charity
RHS Bridgewater- Outreach Programme
10,000
5.000
50,000
2,000
15,000
3,000
5,000
50,000
2.000
10,000
5.000
10.000
50.000
5,000
2.000
25,000
65,000
50,000
15,000
10.000
6.000
5,000
9,000
Page 9
continued...

THE DULLATUR FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 5 APRIL 2024
GRANTS PAYABLE - continued
Royal National Theatre
RNCM
Scottish Centre for Children with Motor Impaimients
Scottish Chamber Orchestra Limited
Seashell Trust
Shakespeare Globe Trust
Stockport East
The Joshua Tree
Unicef - Ukraine
Unicef - Turkey I Syria Earthquake Appeal
War Child
Waters Edge Arts Ltd
Rotary Club of Worsley Charitsble Trust - Salford Care Leavars
8.000
62,500
50.000
12.500
5,000
5,000
50,000
5,000
5.000
10,000
17,500
17,500
5,000
10,000
1.000
50,000
172.500
582.500
The grants were made for health and w81fare and educational purposes.
SUPPORT COSTS
Govemane
costs
Finance
Totals
Investment management costs
Other resources expended
7,094
10.922
7,094
11,074
152
152
18,016
18,168
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remUnerat￿n or other benefts for the year ended 5 April 2024 nor for the year
ended 5 April 2023.
TRUSTEES, EXPENSES
There were no trustees, expenses paid for the y8ar ended 5 April 2024 nor for the year ended 5 April
2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslrlcted
fund
Endowment
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
35,000
35,000
Investrnent income
20,132
20,132
Total
55,132
55.132
EXPENDITURE ON
Raising funds
14,165
14.165
Page 10
continued...

THE DULLATUR FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
lund
Endowment
fund
Totsl
fvnd$
Charitable activities
Grants paid
582.500
582,500
Other
3.988
3.988
Total
600,653
600,653
Net gains on investments
210,132
210,132
NET INCOMEI(EXPENDITURE)
Transfers between funds
(545.521)
545,521
210.132
(545,521)
(335,389)
Net movement in funds
(335.389)
(335.389)
RECONCILIATION OF FUNDS
Total funds brought fO￿ard
1,086.048
1,086.048
TOTAL FUNDS CARRIED FORWARD
750,659
750,659
10.
FIXED ASSEf INVESTMENTS
Ll$ted
Inv•stments
MARKEf VALUE
At 6 April 2023
Additions
Disposals
Revaluations
617.126
134,972
(195,439)
3,129
At 5 April 2024
559.788
NEf BOOK VALUE
At 5 April 2024
559,788
At 5 April 2023
617,126
Investsnents includ8 the following".
5.4.24
5.4.23
Investment assets in the UK
559,788
617,126
559.788
617.126
Page 11
continued...

THE DULLATUR FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024
10. FIXED ASSET INVESTMENTS - contlnued
Cost or valuation at 5 April 2024 is represented b
Listed
investments
Valuation in 2024
559,788
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
656
12. CREDrroRS". AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Oth&r creditors
6,679
5,960
13. ANALYSIS OF NET ASSETS BEfwEEN FUNDS
2024
2023
Unrnstricted
fund
Endowment
fund
Total
funds
Total
funds
Investments
Current assets
Current liabilities
559.788
60,757
{6,679)
559,788
60,757
{6,679)
617,126
139,493
(5,960)
613.866
613,866
750,659
14. MOVEMENT IN FUNDS
Net
movom•nt
In lund5
Transfers
belween
funds
At 614123
At 514124
Unrestricted funds
Income fund
(139.923)
139.923
Endowment funds
Endowment Fund
750.659
3.130
{139,923)
613,866
TOTAL FUNDS
750,659
(136,793)
613,866
Page 12
continued...

THE DULLATUR FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024
14. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above a￿ as follows:
Incoming
resources
Gains and
losses
Movemènt
In funds
expended
Unrestrlcted funds
Income fund
50.745
(190.668)
(139,923)
Endowment funds
Endowment Fund
3.129
3.130
TOTAL FUNDS
50.746
(190.668)
3,129
(136,793>
Comparatives for movement in funds
Net
movement
Transfers
bètwèèn
funds
At W4tt2
in funds
At 514123
Unrestricted funds
Income fund
(545.521)
545.521
Endowment funds
Endowment Fund
1.086.048
210.132
(545.521)
750,659
TOTAL FUNDS
1,086.048
(335.389)
750,659
Comparative net movement in funds. included in the above are as follows".
Ineomlng
rnsources
Rgsources
expended
Gains and
losses
Movèment
In funds
Unrestricted funds
Income fund
55,132
{600,653)
(545,521)
Endowment funds
Endowment Fund
210,132
210,132
TOTAL FUNDS
55.132
(600.653)
210,132
(335.389)
Page 13
continued...

THE DULLATUR FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 5 APRIL 2024
14.
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Nèt
movement
In fund$
Trnnsf•rs
between
funds
At
At
Unrestricted funds
Income fund
(685.444)
685.444
Endowment funds
Endowm8nt Fund
1.086,048
213.262
(685,444)
613,866
TOTAL FUNDS
1,086,048
{472,182)
613,886
A current year 12 months and prior year 12 months combined net movement in funds, included in the
abov8 are as follows:
In¢omlng Resources
•xp•nd¢d
Gains and
losses
Mavoment
In fvnd$
Unrestrlcted funds
Income fund
105.877
(791.321)
(685.444)
Endowment funds
Endowm8nt Fund
213.261
213,262
TOTAL FUNDS
105.878
(791.321)
213.261
(472.182)
15. OTHER FINANCIAL COMMrrMENTS
Included in Unrestricted Funds is £Nil (2023 - £Nil } which has been designated by the Trustees for
use in supporting the aims of the Dolly Parton Imagination Library. a registered charity which supports
early years learning.
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 5 April 2024 (2023 - None).
Page 14

THE DULLATUR FOUNDATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacles
Donations
30.001
35,000
Investment income
Dividends from inv&stments
Deposit account interest
19,337
1.408
20,132
20,745
20,132
Totsl incomlng resources
50,746
55,132
EXPENDITURE
Charitable activities
Grants to institutions
172,500
582,500
Support costs
Finance
Bank charges
152
199
Governance costs
Independent Examinefs fee
Professional costs
720
17.296
720
17,234
18,016
17,954
Total resources expended
190,668
600,653
Net expenditure before galns and losses
(139.922)
(545.521)
Reallsed recognised gains and losses
Realised gainsl(losses) on fLxed asset
investments
3.129
210,132
Net expenditure
(136,793)
(335,389)
This page does not form part of the statutory financial statements
Page 15