| President | President | Mr J Weld |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| Patrons | The Lord Fellowes |
of | West | Stafford, | DL | ||||
| Lady Emma |
Kitchener-Fellowes | ||||||||
| Mr S Frears |
|||||||||
| Directors | and | Trustees | Mrs M L Grundmann |
||||||
| Ms T L Bastard |
|||||||||
| Mr J Perry |
|||||||||
| Mrs Jessica |
Webster | ||||||||
| Ms A Colligan |
|||||||||
| Secretary | Mr J N Holyhead |
||||||||
| Chief | executive | Mr J N Holyhead |
|||||||
| Charity | number | 1140321 | |||||||
| Company | number | 07435564 | |||||||
| Registered | office | 17 Bournemouth |
Road | ||||||
| Lower Parkstone |
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| Poole | |||||||||
| Dorset | |||||||||
| BH14 OEF |
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| Independent | Auditor | Morris Lane |
|||||||
| 31/33 Commercial |
Road | ||||||||
| Poole | |||||||||
| Dorset | |||||||||
| BH14 OHU |
|||||||||
| Bankers | Barclays Bank |
PLC | |||||||
| poole | |||||||||
| Dorset | |||||||||
| Solicitors | Druitts Solicitors, |
||||||||
| Borough Chambers, |
|||||||||
| Fir Vale Road, |
|||||||||
| Bournemouth, | |||||||||
| Dorset, | |||||||||
| BHI 2JE |
|||||||||
| Investment | advisors | Blue Sky Financial |
Planning | Limited | |||||
| 7 Vista Place |
|||||||||
| Coy Pond Business |
Park | ||||||||
| Ingworth Road |
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| Poole | |||||||||
| Dorset | |||||||||
| BH12 IJY |
| Page | |||||||
|---|---|---|---|---|---|---|---|
| Trustees' | report | 1-10 | |||||
| Statement | of | trustees' | responsibilities | 11 | |||
| (O | |||||||
| Independent | auditor's | report | 12-13 | ||||
| Statement | of | financial | activities | 14 | |||
| Balance | sheet | 15-16 | |||||
| Statement | of | cash flows |
|||||
| Notes to |
the | financial | statements | 18 | - | 33 |
| Unrestricted | Unrestricted | Restricted | Total | Total | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||||||
| general | designated | |||||||||||
| 2025 | 2025 | 2025 | 2025 | 2024 | ||||||||
| Notes | ||||||||||||
| Income from: |
||||||||||||
| Donations and |
legacies | 3 | 521,929 | 521,929 | 302,825 | |||||||
| Charitable activities |
4 | 245 | 245 | 20 | ||||||||
| Other trading |
activities | 5 | 761,313 | 761,313 | 654,783 | |||||||
| Investments | 6 | 6,431 | 126 | 64 | 6,621 | 6,883 | ||||||
| Total income |
126 | 64 | 964,511 | |||||||||
| Expenditure | on: | |||||||||||
| Raising funds |
7 | 576,357 | 576,357 | 490,021 | ||||||||
| Charitable activities |
8 | 541,628 | 541,628 | 446 | ||||||||
| Total resources |
expended | 1,117,985 | 1,117,985 | 936,108 | ||||||||
| Net gains/(losses) |
on investments | 14 | (1 ,092) | (1 ,092) | 4,056 | |||||||
| Net incoming |
resources | before | ||||||||||
| transfers | 170,841 | 126 | 64 | 171 ,031 |
32,459 | |||||||
| Gross transfers |
between | funds | 51,000 | (51 | ,000) | |||||||
| Net movement |
in | funds | 221 , 841 |
(50,874) | 64 | 171 ,031 |
32,459 | |||||
| Fund balances |
at | 1 April | 2024 | 547,216 | 108,938 | 4,326 | 660,480 | 628,021 | ||||
| Fund balances |
at | 31 | March | 2025 | 769,057 | 58,064 | 4,390 | 831,511 | 660,480 |
| 2025 | 2024 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||||||||
| Fixed assets |
||||||||||||||
| Tangible | assets | 16 | 397,307 | 336,666 | ||||||||||
| Investments | 17 | 250,552 | 128,184 | |||||||||||
| 647,859 | 464,850 | |||||||||||||
| Current | assets | |||||||||||||
| Stocks | 19 | 12,424 | 12,062 | |||||||||||
| Debtors | 20 | 153,187 | 94,926 | |||||||||||
| Cash at |
bank | and | in | hand | 135,166 | 115,207 | ||||||||
| 300,777 | 222,195 | |||||||||||||
| Creditors: | amounts | falling | due | within | ||||||||||
| one year |
21 | (117,125) | (26,565) | |||||||||||
| Net current |
assets | 183,652 | 195,630 | |||||||||||
| Total assets |
less | current | liabilities | 831,511 | 660,480 | |||||||||
| Income | funds | |||||||||||||
| Restricted | funds | 25 | 4,390 | 4,326 | ||||||||||
| Unrestricted | funds | |||||||||||||
| Designated | funds | 26 | 58,064 | 108,938 | ||||||||||
| General | unrestricted | funds | 769,057 | 547,216 | ||||||||||
| 827,121 | 656,154 | |||||||||||||
| 831 | ,511 | 660,480 |
| 2025 | 2024 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes | |||||||||||||||||
| Cash flows |
from | operating | activities | ||||||||||||||
| Cash generated from operations |
32 | 81,398 | |||||||||||||||
| Investing | activities | ||||||||||||||||
| Purchase | of tangible | fixed | assets | (104,803) | (95,286) | ||||||||||||
| Purchase | of investments | (338,032) | (45,364) | ||||||||||||||
| Proceeds | from disposal of |
investments | 214,571 | 41 | |||||||||||||
| Investment | income | received | 6,621 | 6,883 | |||||||||||||
| Net cash |
used in |
investing | activities | (221 | ,643) | (92,747) | |||||||||||
| Net cash |
generated | from | financing | activities | |||||||||||||
| Net increase/(decrease) |
in | cash | and | cash | |||||||||||||
| equivalents | 19,959 | (11 | ,349) | ||||||||||||||
| Cash and |
cash equivalents |
at | beginning | of year | 115,207 | 126,556 | |||||||||||
| Cash and |
cash equivalents |
at | end | of | year | 135,166 | 115,207 |
| Freehold | property | 50 years | straight | straight | line |
|---|---|---|---|---|---|
| Leasehold | improvements | 10 years |
straight | line | |
| Fixtures, | fittings & equipment |
5 years | straight | line | |
| Computer | equipment | 100% | |||
| Motor vehicles |
25% reducing |
balance |
| Unrestricted | Restricted | Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | 2025 | 2024 | |||||||
| general | ||||||||||
| Donations | and gifts |
34,869 | 34,869 | 37,782 | ||||||
| Legacies | receivable | 396,930 | 396,930 | 75,310 | ||||||
| Grants receivable |
90,130 | 90, 130 |
189,733 | |||||||
| 521 ,929 |
521 ,929 |
302,825 | ||||||||
| For the |
year | ended | 31 | March | 2024 | 262,955 | 39,870 | 302,825 | ||
| 4 | Charitable | activities | ||||||||
| 2025 | 2024 | |||||||||
| Transcription | income | 245 | 20 | |||||||
| 5 | Other trading |
activities | ||||||||
| 2025 | 2024 | |||||||||
| Fundraising | events | 48,848 | 47 ,555 | |||||||
| Shop income |
712,465 | 607,228 | ||||||||
| Other trading |
activities | 761,313 | 654,783 |
| Unrestricted | Unrestricted | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||||
| general | ||||||||||
| 2025 | 2025 | 2025 | 2025 | 2024 | ||||||
| Income | from | listed | investments | 2,810 | 2,810 | 4,203 | ||||
| Interest | receivable | 3,621 | 126 | 3,811 | 2,680 | |||||
| 6,431 | 126 | 64 | 6,621 | 6,883 | ||||||
| 7 | Raising | funds | ||||||||
| 2025 | 2024 | |||||||||
| Fundraising | and | publicity | ||||||||
| Other fundraising |
costs | 15,682 | 13,773 | |||||||
| Support | costs | 1 ,688 | 1 ,409 | |||||||
| Fundraising | and | publicity | 17,370 | 15,182 | ||||||
| Trading | costs | |||||||||
| Operating | charity | shops | 212,359 | 208,312 | ||||||
| Staff costs |
338,567 | 260,644 | ||||||||
| Governance | costs | 4,350 | 4,445 | |||||||
| Trading | costs | 555,276 | 473,401 | |||||||
| Investment | manaqement | 3,711 | 1 ,438 | |||||||
| 576,357 | 490,021 |
| 2025 | 2024 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Staff costs |
299,987 | 246,699 | |||||||||
| Shop and |
office | costs | 15,099 | 3,587 | |||||||
| Staff travelling, |
expenses | and | training | 21,718 | 16,310 | ||||||
| Rent | 22,548 | ||||||||||
| Rates | 384 | 215 | |||||||||
| Heat and |
light | 6,273 | 5,314 | ||||||||
| Insurance | 6,798 | 5,392 | |||||||||
| Telephone | 1 ,580 | 1 ,452 | |||||||||
| Social and |
outings | 12,798 | 10,715 | ||||||||
| Home visiting scheme |
581 | 406 | |||||||||
| Dorset link |
2,310 | 2,904 | |||||||||
| Bad debts |
written | off | 10 | 77 | |||||||
| Sight equipment |
vehicle | expenses | 8,174 | 8,285 | |||||||
| 400,125 | 323,904 | ||||||||||
| Share of support |
costs | (see | note | 9) | 102,600 | 101 ,736 |
|||||
| Share of governance |
costs | (see | note | 9) | 38,903 | 20,447 | |||||
| 541 ,628 |
446 087 |
||||||||||
| Analysis | by fund |
||||||||||
| Unrestricted | funds | - | general | 541 ,628 |
400,208 | ||||||
| Restricted | funds | 45,879 | |||||||||
| For the year ended |
31 | March | 2024 | ||||||||
| Unrestricted | funds | - | general | 400,208 | |||||||
| Restricted | funds | 45,879 | |||||||||
| 446,087 |
| Support | Governance | 2025 | 2024 | Basis | of | allocation | ||
|---|---|---|---|---|---|---|---|---|
| costs | costs | |||||||
| Staff costs |
35,360 | 35,360 | 32,639 | Staff | time | |||
| Depreciation | 44,162 | 44, 162 |
48,851 | Support | ||||
| Rent | 4,650 | 4,650 | 3,938 | Usage | ||||
| Rates | 95 | 95 | 71 | Usage | ||||
| Heat and |
light | 907 | 907 | 749 | Usage | |||
| Insurance | 2,266 | 2,266 | 1 ,798 | Usage | ||||
| Telephone | 526 | 526 | 484 | Usage | ||||
| Office costs |
11 ,933 |
11 ,933 |
10,185 | Usage | ||||
| Bank charges |
4,389 | 4,389 | 4,430 | Usage | ||||
| Audit fees |
15,000 | 15,000 | Governance | |||||
| Accountancy | 4,334 | Governance | ||||||
| Legal and |
professional | 23,919 | 23,919 | 21,728 | Governance | |||
| Independent | examiners | Governance | ||||||
| fees | 3,164 | |||||||
| 104,288 | 43,253 | 147,541 | 128,037 | |||||
| Analysed | between | |||||||
| Fundraising | 1 ,688 | 1 ,688 | 1 ,409 |
|||||
| Trading | 4,350 | 4,350 | 4,445 | |||||
| Charitable | activities | 102,600 | 38,903 | 141 , 503 |
122,183 | |||
| 104,288 | 43,253 | 147,541 | 128,037 |
| Net | movem | ent | in f |
unds | 2025 | 2024 | |||||||
| The | net | movement | in funds | is | stated | after | charging/(crediting): | ||||||
| Fees | payable to |
the | charity's | auditor: | |||||||||
| - | for | the | audit of |
the | charity's | financial | statements | 15,000 | |||||
| - | for | other | financial | services | 13,904 | 11,778 | |||||||
| Depreciation | of | owned tangible |
fixed | assets | 44, | 162 | 48,851 | ||||||
| Auditor's | remuneration | ||||||||||||
| Fees | payable to |
the | charity's | auditor | and | associates: | 2025 | 2024 | |||||
| For | audit | services | |||||||||||
| Audit | of | the financial |
statements | of the | charity | 15,000 | |||||||
| For | other | services | |||||||||||
| All other |
non-audit | services | 13,904 | 11,778 |
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| Number | Number | |||||
| Administration | 4 | 4 | ||||
| Service | delivery | 8 | 6 | |||
| Shop | staff | 20 | 15 | |||
| 32 | 25 | |||||
| Employment | costs | 2025 | 2024 | |||
| Wages | and | salaries | 620,142 | 497,273 | ||
| Social | security | costs | 42,079 | 32,668 | ||
| Other | pension | costs | 11 | ,693 | 10,041 | |
| 673,914 | 539,982 |
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Revaluation | of | investments | (4, 740) | 4,056 | |
| Gain/(loss) | on | sale | of investments | 3,648 | |
| (1 ,092) | 4,056 |
| Freehold | Freehold | Leasehold | Fixtures, | Computer | Motor | Total | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| property | improvements | fittings | & | equipment | vehicles | ||||||||||||
| equipment | |||||||||||||||||
| Cost | |||||||||||||||||
| At 1 |
April 2024 |
217,981 | 38,366 | 262,929 | 47,922 | 47 ,365 |
614,563 | ||||||||||
| Additions | 83,241 | 2,913 | 18,649 | 104,803 | |||||||||||||
| At 31 | March | 2025 | 217,981 | 38,366 | 346,170 | 50,835 | 66,014 | 719,366 | |||||||||
| Depreciation | and | ||||||||||||||||
| impairment | |||||||||||||||||
| At 1 |
April 2024 |
4,360 | 38,366 | 155,276 | 47,922 | 31,973 | 277,897 | ||||||||||
| Depreciation | charged | in | the | ||||||||||||||
| year | 2,179 | 35,424 | 1,545 | 5,014 | 44, 162 |
||||||||||||
| At 31 |
March | 2025 | 6,539 | 38,366 | 190,700 | 49,467 | 36,987 | 322,059 | |||||||||
| Carrying amount |
|||||||||||||||||
| At 31 | March | 2025 | 211 | , 442 | 155,470 | 1 ,368 | 29,027 | 397,307 | |||||||||
| At 31 |
March | 2024 | 213,621 | 107,653 | 15,392 | 336,666 | |||||||||||
| 17 | Fixed | asset | investments | ||||||||||||||
| 2025 | 2024 | ||||||||||||||||
| Listed | investments | 250,552 | 128,184 | ||||||||||||||
| Listed | investments | included | above: | 2025 | 2024 | ||||||||||||
| Listed | investments | carrying | amount | 250,552 | 128,184 | ||||||||||||
| Fixed | asset | investments | revalued | ||||||||||||||
| The historical |
cost | of the | investments | is E254,885 | (2024: | Él | 23,722). |
| 17 | Fixed asset |
Fixed asset |
investments | investments | investments | investments | (Continued) | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Movements | in | fixed | asset | investments | |||||||||||
| Shares | |||||||||||||||
| Cost or |
valuation | ||||||||||||||
| At 31 March |
2025 | 128,184 | |||||||||||||
| Additions | 338,032 | ||||||||||||||
| Valuation | changes | (4,740) | |||||||||||||
| Disposals | (210,924) | ||||||||||||||
| At 31 March |
2025 | 250,552 | |||||||||||||
| Carrying | amount | ||||||||||||||
| At 31 March |
2025 | 250,552 | |||||||||||||
| At 31 March |
2024 | 128,184 | |||||||||||||
| 18 | Financial | instruments | |||||||||||||
| 2025 | 2024 | ||||||||||||||
| Carrying | amount | of | financial | assets | |||||||||||
| Instruments | measured | at | fair | value | through | profit | or | loss | 250,552 | 128,184 | |||||
| 19 | Stocks | ||||||||||||||
| 2025 | 2024 | ||||||||||||||
| Finished | goods | and | goods | for | resale | 12 | , | 12,062 | |||||||
| 20 | Debtors | ||||||||||||||
| 2025 | 2024 | ||||||||||||||
| Amounts | falling | due | within | one | year: | ||||||||||
| Trade debtors |
109 | 669 | |||||||||||||
| Other debtors |
101 | ,548 | 53,335 | ||||||||||||
| Prepayments | and | accrued | income | 51 | ,530 | 40,922 | |||||||||
| 153,187 | 94,926 |
| Creditor | s: amo |
unts | falli | ng due within one year |
|||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | ||||||
| Notes | |||||||
| Other | taxation | and | social | security | 10,028 | 8,392 | |
| Deferred | income | 24 | 18,450 | ||||
| Trade | creditors | 26,912 | 8,628 | ||||
| Other | creditors | 4,478 | 3,516 | ||||
| Accruals | 57,257 | 6,029 | |||||
| 117,125 | 26,565 |
| 2025 | 2024 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Within | one | year | 156,830 | 110,450 | ||||||||
| Between | two | and | five | years | 477 ,536 |
398,565 | ||||||
| In over | five | years | 74,420 | 122,458 | ||||||||
| 708,786 | 631 ,473 |
|||||||||||
| 23 | Retirement | benefit | schemes | |||||||||
| 2025 | 2024 | |||||||||||
| Defined | contribution | schemes | ||||||||||
| Charge | to | profit | or | loss | in respect | of defined | contribution | schemes | 11,693 | 10,041 |
| 24 | Deferred | income | income | ||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | ||||||
| Arising | from | government | grants | 18,000 | |||
| Arising | from | other | deferred | income | |||
| 18,450 |
| Movement | in | funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance | at | 1 | Incoming | Resources | Balance | at 31 |
||||
| April | 2024 | resources | expended | March | 2025 | |||||
| Childrens | Fund | 4,326 | 64 | 4,390 |
| VIP | Diary | Group | 8,938 | 126 | (1 | ,000) | 8,064 |
|---|---|---|---|---|---|---|---|
| Shops | Fund | 100,000 | (50,000) | 50,000 | |||
| 108,938 | 126 | (51 | ,000) | 58,064 |
| Unrestricted | Designated | Restricted | Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||||||
| 2025 | 2025 | 2025 | 2025 | 2024 | |||||||
| Fund | balances | at | 31 | March | |||||||
| 2025 | are represented | by: | |||||||||
| Tangible | assets | 397,307 | 397 | ,307 | 336,666 | ||||||
| Investments | 200,552 | 50,000 | 250,552 | 128,184 | |||||||
| Current | assets/(liabilities) | 171,198 | 8,064 | 4 | ,390 | 183,652 | 195,630 | ||||
| 769,057 | 58,064 | 4,390 | 831,511 | 660,480 |
| 32 | Cash generated |
from operations |
from operations |
2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Surplus for the year |
171,031 | 32,459 | |||||||||
| Adjustments for: |
|||||||||||
| Investment income |
recognised | in | statement | of | financial | activities | (6,621) | (6,883) | |||
| Gain on disposal |
of | investments | (3,648) | ||||||||
| Fair value gains |
and | losses on |
investments | 4,740 | (4,056) | ||||||
| Depreciation and |
impairment of |
tangible | fixed | assets | 44,162 | 48,851 | |||||
| Movements in working capital: |
|||||||||||
| (Increase) in stocks |
(361) | (1 ,945) | |||||||||
| (Increase)/decrease | in debtors | (58,261) | 14,082 | ||||||||
| Increase/(decrease) | in creditors | 72,110 | (1,110) | ||||||||
| Increase in deferred |
income | 18,450 | |||||||||
| Cash generated |
from operations |
241,602 | 81,398 |