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##
|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||||||
|||||Poole||||||
|||||Dorset||||||
|||||BH14
OEF||||||
|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||||||
|||||Poole||||||
|||||Dorset||||||
|||||BH12
IJY||||||
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##
||||||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|
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||||||||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|
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||||||||||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|
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||||||||||||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||
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##
|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||
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##
||||||||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|
##
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##
|||||||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||
##
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##
|||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|
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##
||||||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|
##
##
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##
##
|||||||||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|
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##
|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|