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|Trustees' report|1-13|
|Independentauditor's report|14-17|
|Statement offinancial activities|18|
|Balancesheet|19|
|Statement of cashflows|20|
|Notes to thefinancialstatements|21-36|
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|Trustees|DrAlisonCroninMBE|
|---|---|
||Mr BGlazier|
||MrJKeeling|
||MrJCarroll|
|Gharity number|1126939|
|Gompany number|06695254|
|Registeredoffice|HethfeltonHouse|
||Hethfelton|
||Wareham|
||Dorset|
||BH2O6HS|
|Auditors|FianderETL|
||StagGatesHouse|
||63/MTheAvenue|
||Southampton|
||Hampshire|
||SO171XS|
|Solicitors|LesterAldridgeLLP|
||RussellHouse|
||OxfordRoad|
||Bournemouth|
||Dorset|
||BH8 8EX|
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||Unrestricted|Unrestricted|Restricted|TotalUnrestricted|TotalUnrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
||Notes|2025
S|2025
g|2025
tI|2024|2024
t|2024
I|
|lncome from:||||||||
|Donationsandlegacies3||366,909|28,662|395,571|1,233,580|24'1,309|1,474,889|
|Charitableactivities
Othertradingactivities4
lnvestments
5||8,097
124,809||8,097
124,809|8,406
142,499
13,834|-
-
-|8,406
142,499
13,834|
|Totalincome||499,815 28,662528,477|||1,398,319241,309||1,639,628|
|Expenditure on:||||||||
|Raisingfunds|7|104,854||104,854|119,406||119,406|
|Charitable activities|6|243,207|8,991|252,198|188,880|61,002|249,882|
|Staffcosts||226,583||226,583|207,703||207,703|
|Loan interest||70,686||70,686|79,777||79,777|
|Totalexpenditure||645,330 8,991||654,321 595,76661,002656,768||||
|Netincome/(expenditure)and
movementinfunds||(145,515) 19,671||(125,844) 802,553180,307982,860||||
|Reconciliationoffunds:||||||||
|Fundbalances at1April2024||7,826,735345,7768,172,511|||7,024,182165,469||7,189,651|
|Fund balancesat31March||||||||
|2025||7,681,220|365,4478,046,667||7,826,735345,776||8,172,511|
THE JIM CRONIN MEMORIAL FUND FOR PRIMATE WELFARE AND
CONSERVATION
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notes
Flx•d a#s•ts
Tangible assets
Investment property
Investrnenls
14
15
16
7.218.655
2,000.000
10
7.216.004
2,000,000
10
9.218.665
9,216,014
Current a8Bets
Stocks
Debtors
Cash at bank and in hand
18
19
32.193
48.138
766.532
52,454
103.095
1,114,501
846.863
1.270.050
Cr•dltors'. amounts l•lllng du• vAthln
onè y•ar
21
1384,368)
1396,1841
Net current assets
482,495
873,866
Total a88et8 le88 current Ilabllllles
9.681.160
10.089,880
Credltor¥'. amounts falllng due after
more than one y?*r
22
11.634.493>
11.917,3891
Nèt 888•11
8.046,667
8,172,511
Th? funds of the charfty
Restricted funds
Unreslri¢led funds
RevaluatHJn reserve
25
365,447
345,776
5,299.745
2.381.47S
5.445.260
2.381.475
7.681.220
7,628.735
8.046.667
8.172.511
The financial statements were approved by the Trustees on ..QJl.J2J2Q2&... .
Qr MbE
DrAison Cmnin MBE
Trustee
Company registration number 06695254 IEngland 8nd Wales)
19-
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|||2025||2024||
|---|---|---|---|---|---|
||Notes|s|t|I|g|
|Gashflows fromoperatingactivities||||||
|Cash generated fromoperations|30||21,457||1,026,528|
|Investingactivities||||||
|Purchaseoftangible fixedassets||(e2,5e0)||(154,260)||
|lnvestment incomereceived||||13,834||
|Netcash used in investingactivities|||(e2,5e0)||(140,426)|
|Financingactivities||||||
|Repayment of bankloans||(276,836)||(267,745)||
|Netcash usedinfinancingactivities|||(276,836)||(267,745)|
|Net(decrease)/increase in cash and cash||||||
|equivalents|||(347,969)||618,357|
|Cash and cashequivalentsat beginningofyear|||1,114,501||496,144|
|Cashand cash equivalentsatend of year|||766,532||1,114,501|
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|Freeholdlandandbuildings|Revalued|
|---|---|
|Plantand equipment|10to15years straightline|
|lnfrastructure|5to15yearsstraight line|
|Outdoorfurniture|5to10yearsstraight line|
|Fixturesandfittings|5to10years straightline|
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|Incomefrom donations|and legacies||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|TotalUnrestricted||Restricted|Total|
||funds|funds||funds|funds||
||2025|2025|2025|2024|2024|2024|
||€|t|€€||€|e|
|Donationsand gifts|43,274|726|44,000|29,383|18,118|47,501|
|Legacies receivable|310,622|27,936|338,558|1,202,354|223,191|1,425,545|
|Corporate sponsorship|13,013||13,013|1,843||1,843|
||_'*f9|28,662|395,571|1,233,580|241,309|1,474,889|
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|Othertradingactivities|||
|---|---|---|
||Unrestricted Unrestricted||
||funds|funds|
||2025
€e|2024|
|Rental income|11,682|10,314|
|Goodssold|55,410|55,356|
|Fundraisingincome|4,823|9,412|
|Other income|1,029|375|
|Events income|8,155|7,453|
|Supporterflatincome|43,710|59,589|
|Othertradingactivities|124,809|142,499|
|lncome from tradingsubsidiary|||
||Total Unrestricted||
|||funds|
||2025
eI|2024|
|lncome fromtrading subsidiary||13,834
:|
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||2025|2024|
|---|---|---|
||g|€|
|Health andsafety|8,238|10,078|
|Education|12,639|13,661|
|Grants|5,214|57,278|
|Sundryexpenses|905|673|
|HethfeltonHouse|1,285|478|
|Utilities|44,129|38,833|
|lnsurance|12,758|11,067|
|Repairsandmaintenance|25,480|27,711|
|Security|5,103|6,041|
||115,751|165,820|
|Shareof support costs (seenote9)|136,447|84,062|
||252,198|249,882|
|Analysisbyfund|||
|Unrestrictedfunds|243,207|188,880|
|Restrictedfunds|8,991|61,002|
||,=j*|249,882|
##
||Unrestricted Unrestricted|Unrestricted Unrestricted|
|---|---|---|
||funds|funds|
||2025|2024|
||€[||
|Costofraisingfunds|||
|Cost of goodssold|28,591|36,950|
|Events andfundraising expenditure|15,769|11,348|
|Flatsandrentalexpenditure|40,121|46,644|
|Advertising|3,190|5,935|
|Otherfundraising costs|17J83|18,529|
||104,854|119,406|
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|8|Netmovementinfunds|2025
€||2024
I|
|---|---|---|---|---|
||The netmovementinfundsis stated aftercharging/(crediting)||||
||Fees payablefortheauditofthecharity'sfinancial statements||||
||Depreciationofownedtangiblefixed assets|70,165||60,413|
||lmpairmentof ownedtangible fixedassets|19,774|:||
|9|Support costs||||
|||Support|Support||
|||costs||costs|
|||2024f||2023
e|
||Depreciation|89,939||60,413|
||Bank charges|1,624||1,787|
||Legalandprofessionalfees|34,263||11,939|
||Audit fees|7,500||9,923|
||Stafftraining|3,121|||
|||136,447||84,062|
||||:||
||Analysedbetween
Charitable activities|136,447||84,062|
|||136,447||84,062|
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|The averagemonthly numberofemployeesduringthe ye|arwas||
|---|---|---|
||2025|2024|
||Number|Number|
|Administrationandfundraising|I|8|
|Employment costs|2025|2024|
||0|f|
|Wagesand salaries|207,666|192,665|
|Socialsecurity costs|13,356|11,546|
|Pensioncosts|4,319|3,493|
|Otheremployment costs|1,241||
||,a,r*|207,703|
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|lmpairmenttests havebeen carried out where appropriat
recognisedin profitorloss:|eand thefollowing impairment lossesha|vebeen|
|---|---|---|
||2025
e€|2024|
|lnrespectof:|||
|Property,plant andequipment|19,774||
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|Tangiblefixed assets|||||||
|---|---|---|---|---|---|---|
||Freeholdland
and buildings
s|Plantandlnfrastructure
equipments0||OutdoorFixturesand
furniture
fittings
€t||Total
€|
|Cost or valuation|||||||
|Al1April2024|6,500,000|84,480|791,680|32,224|236,109|7,644,493|
|Additions||2,627|24,405||65,558|92,590|
|At31 March 2025|6,500,00087,107||816,085|32,224|301,667|7,737,083|
|Depreciationand|||||||
|impairment
At1April2024||22,359|197,992|29,510|178,628428,489||
|Depreciationchargedinthe|||||||
|year||4,691|55,152|753|9,569|70,165|
|lmpairmentlosses|||||19,774|19,774|
|At 31March 2025||27,050|253,144|30,263|207,971518,428||
|Carrying amount
At 31March 2025|111'*|60,057|562,941 1,961||93,696|7,218,655|
|At 31March 2024|6,500,000|62,121|593,688|2,714|57,481|7,216,004|
||:||||||
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|lnvestment property||
|---|---|
||2025|
||t|
|Fairvalue||
|At1April2024and31March2025|2,000,000|
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|Cost|||
|---|---|---|
|At1April2024 &31March 2025||10|
|Carrying amount|||
|At31March 2025||10|
|At 31March 2024||10|
||:||
##
|Detailsofthe charity's subsi|diariesat31March2025 areas follows:|||
|---|---|---|---|
|Nameofundertaking|RegisteredNatureofbusiness
office|Classof
sharesheld|%Held
Direct lndirect|
|Hethfelton HouseLimited|England& Wales Hostingweddingsand|Ordinary|100.00|
||corporateevents|||
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|18|Stocks|||
|---|---|---|---|
|||2025|2024|
|||c|t|
||Finishedgoodsandgoodsforresale|32,193|_=Ar:|
|19|Debtors|||
|||2025|2024|
||Amountsfallingduewithinoneyear:|€|t|
||Trade debtors|3,704|5,785|
||Amounts owedbysubsidiaryundertakings|10,245|13,241|
||Amounts owedby relatedparties|7,183|11,899|
||Prepaymentsand accruedincome|27,006|72,170|
|||_"11|103,095|
|20|Loansand overdrafts|||
|||2025|2024|
|||t|t|
||Bank loans|1,913,498|2,190,334|
||Payablewithin oneyear|279,005|272,965|
||Payableafteroneyear|1,634,493
:|1,917,369|
||Amountsincluded above whichfall dueafterfiveyears:|||
||Payable by instalments|383,602|711,718|
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|Greditors: amountsfallingduewithinoneyear||||
|---|---|---|---|
|||2025|2024|
||Notes|€|e|
|Bankloans|20|279,005|272,965|
|Othertaxation andsocial security||3,148|4,929|
|Deferred income|23|29,763|38,411|
|Tradecreditors||58,761|64,023|
|Othercreditors||3,294|3,698|
|Accruals||10,397|12,158|
|||384,368|396,184|
##
|22|Creditors: amountsfallingdueaftermor|ethanoneyear|||
|---|---|---|---|---|
||||2025|2024|
|||Notes|I|f|
||Bank loans|20|1,634,493|1,917,369|
|23|Deferred income||||
||||2025|2024|
||||t|e|
||Deferred income||29,763|38,411|
##
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designated funds which havebeens|et aside out ofunrestrictedfu|
ndsbythetrusteesfor specificpurposes.|
ndsbythetrusteesfor specificpurposes.|
|---|---|---|---|
||AtlApril
2024
s|lncomingResourcesAt31 March
resourcesexpended
2025
€€e||
|General funds|5,445,260|499,815|5,299,745
(645,330)|
|Revaluationreserve|2,381,475||2,381,475|
||||:|
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|Unrestrictedfunds||||(Gontinued)|
|---|---|---|---|---|
|Previous year:|AtIApril|lncoming|Resources|At31March|
||2023
t|resourGes
I|expendedt|2024
I|
|Generalfunds|4,642,707|1,398,319|(595,766)|5,445,260|
|Revaluation reserve|2,381,475|||2,381,475|
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||AtIApril|lncoming|Resources|At31March|At31March|
|---|---|---|---|---|---|
||2024
g|resources
f|expended
f,||2025
c|
|Animalwelfare andrescues|345,776|28,662
:|(8,991)||365,447|
|Previousyear:|AtIApril|Incoming|Resources|At3{March||
||2023
€|resources
t|expendedt||2024
e|
|Animalwelfare andrescues|165,469 241,309(61,002)|||:|345,776|
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|Analysis ofnetassetsbetweenfunds||||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds||
||2025|2025|2025|
||f,|f,|€|
|Fundbalancesat31March2025arerepresentedby:||||
|Tangible assets|7,218,655||7,218,655|
|lnvestmentproperties|2,000,000||2,000,000|
|lnvestments|10||10|
|Current assets/(liabilities)|97,048|365,447|462,495|
|Longtermliabilities|(1,634,493)||(1,634,493)|
||7,681,220365,447||8,046,667|
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||Unrestricted|Restricted|Restricted|Total|
|---|---|---|---|---|
||funds||funds||
||2024
s||2024f|2024
e|
|Fundbalances at31March2024arerepresented by:|||||
|Tangibleassets|7,216,004|||7,216,004|
|lnvestment properties|2,000,000|||2,000,000|
|lnvestments|10|||10|
|Currentassets/(liabilities)|528,090||345,776|873,866|
|Longterm liabilities|(1,917,369)|||(1,e17,369)|
||7,826,735||345,776|8,172,511|
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||2025|2024|
|---|---|---|
||t|€|
|\Nithinone year|4,080||
|Betweentwoandfiveyears|14,760||
||18,840||
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||2025|2024|
|---|---|---|
||I|€|
|Wthinone year|6,750||
|Betweentwo and five years|3,375||
||_!!:||
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|Cashgeneratedfromoperations|2025
f|2024
e|
|---|---|---|
|(Deficit)/surplus forthe year|(125,844)|982,860|
|Adjustmentsfor:|||
|lnvestment income recognisedin statement offinancialactivities||(13,834)|
|Depreciationand impairmentoftangiblefixedassets|89,939|60,413|
|Movementsinworkingcapital:|||
|Decrease/(increase)in stocks|20,261|(261)|
|Decrease/(increase)in debtors|54,957|(31,168)|
|(Decrease)/increaseincreditors|(e,208)|40,061|
|(Decrease) indeferredincome|(8,648)|(11,543)|
|Cashgeneratedfromoperations|21,4571,026,528||
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|31|Analysisofchangesinnet(debt)/funds||||
|---|---|---|---|---|
|||Al1April2024t|CashflowsAt31
€€|March2025|
||Cashatbankand inhand|1,114,501|(347,969)766,532||
||Loans falling duewithin one year|(272,965)|(6,040)|(279,005)|
||Loansfallingdueafter morethan oneyear|(1,917,369)|282,876|(1,634,493)|
|||(1,075,833)|(71,133)|(1,146,966)|