Charity regi3lralion number. 1153924 THE PILSDON COMMUNITY TIIUSTEES, REPORT AND FINANCIAL STATEMENTS FOR I"HE YEAR ENDED 31 MARCH 2025 Chartgfed Accounlanls THE PILSDON COMMUNITY CONTI=NTS (CONTINUED) LLgal and administrative infomialion Report of the Trustees 2104 Report of the Chairman 5107 Independent Auditors, Report 8tolO Statement of Financial Adivi118S 11 B*lance Sheet 12 Cash Flisw Stslement 13 Notes to the Financial Statements 14to25 Njn-slalutory pages 261027 THE PILSDON COMMUNITY LEGAI. AND ADMINISTRATIVE INFORMATION Ti'ustee.'5 Mrs Amanda Slreatfeild, Chaimian Els Jomy Tim Luckell Dr Christ(wher Sloot Kalherlne Pins8nt {appoinled 1 January 20251 Pdnclpeil Officers Warden and Secretary to the Trustees Helen Lynch. Warden lappoinled l February 20251 Communlty members at Pllsdon Mary Davies Manor al 31 March 2025 James Newman Busln&$s addr•ss Pilsdon Manor Pilsdon 8ridport Dorsel DT6 5NZ Charlty Reglstratlon Nunibor 1153924 Si)IlcStors Scott Rowe Chard Street Axminsler Devon EX13 SDS Michelmores LLP Woodwater House Pynes Hlll Exeter EX2 5WR Banker¥, National WeBlmin61er Bank plc Victoria Place Axminsler Devon EX13 SAR Audltor Edwards and Keeping Limited Chartered A¢¢ounlants Unity Chambers 34 High East Street Dorchoster DT1 IHA THE PILSDON COMMUNITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The truslegs present the annual report logother with the financial statements of the charity for the year elided :.11 March 2025. The financial statements have been prepared in 8c¢ordancg with the ai:counting policies sel out in note 18nd comply with the charitys governing document. the Charities AI:1 2011 and Accounling and Reporting by Charities.. Statement of Recommended Practice ai)plicable lo charities prèparing Ihair accounts in accordance with the Financial Repurting Standard ai)plicable in the UK and Republic of Ireland published in October 2019. Obj8Ctivgs and activitlgs Public benefit Tlie obje.cts of the charity are the formatlon and malnlen8nce of a community of p8opl¥ who wll, from lifne to time, live together as ono faniily according to the procepls of the Gospels and offering shelter. h()spilali(y and spiritual refreshment to those who, by any reason of poverty. disabiliiy. mental or spiritual incapacity or inability lo manage their own affairs. are In need of such a refug& wilhoul regard lo race, gander or creed. Ar.commodation and care are provided for guest5 (and wayfarers) at Pilsdon Manor in West Dorset. Tlie truslegs confim that they have complied M4lh the requirements of Seclton 17 of the Charities Act 21111 to have due regard lo the public benefit guidance published by the Charity Cpommission for Eiigland and Wale hl8vem8nts and p•rfomiancg Tliese are detailed in the R'eport of the Chaimian Flnancliil revlew B)Il¢y on reseNes Tiilal fuiids al 31 March 2025 were £3,739,667 including three restricted fund balance8. These c¢4nprisf) £4,560 - for tho lulure purchase of18nd al Pi18don, Dorset, £200 in relation lo the memory slied project. and a wardens fund of £8.052. The Trustees have also allocated funds lo fwe designated funds as follows-. {?} A Non-liquid Fixfjd As$gts fund - roprosgnling the not valua of $uGh assets in the balance shè81. Tliese assets are generally essential lo the activities of the charty and cannot be realised wilhoul sÉiver& delrimenl to th& aLhievement of the charl￿S objectives. Al 31 Mar¢h 2025 IhL> fund balance was £3,256,271. (bl Opor*ing rosetve- hold to meet the day to day cash fbw requirements. The truslep/$ con$ider that ui) to six months, operating costs is a prudent sum. At 31 March 2025 the fund balance was £71,039. (cl Contingency fund - held lo meet any unforeseen eventuality. Al 31 March 2025 the lund balance w.as £20.000 the trustees dre satisfied this level is sufficient for their purposes. Idl Development fund this is used lo carry out non-rouline maintenance and to financo dLwelopinents included within the five year financial plan. At 31 March 2025 the fund balance wa5 £'150,000. lel All r¢.'maining funds aro allocated to the Manor House dgslgnaled reserve- thi$ fund is to be used lo increase available accoinmodalioii for guests. At 31 March 2025 the fund balance £229,545. Investmentpolicy A sunifi.anl proportion of the monie$ in the reseNe$ are held in Charities Official InvAslmenls Fund {(,'OIFI accumulation unf(s. These investments are subject lo the performance ofthe stock market and Cdn therefore ris@ or fall in value. Other monies not held in petty cash or current banit accounts are hi>ld in I:OIF Deposrfi Funds. These earn a relatively attractive rale of interest, are sthLure and offer eHsy a¢i*ss lo fund8 lo finance non-routine expendf(we. THE PILSDON COMMUNITY REPOIIT OF THE TRLISTEES ICONTINUED) FDR THE YEAR ENDED 31 MARCH 2025 Plan8 for future perlods Alms arid key objectives for fuÉur• periods Tliesg are detailed in the Report of tho Chairman SP.ructuiE, govornance and managemènt Natur8 ofgovemlng document Tl)e Charty is controlled by ils goveming document. a Charitable Incorporated Organisalion Foundation Conslitulion. ￿gIStered on 24 September 2013. On 1st April 2014 the nel a55ets of The Pilsdon l*ommunity {no. 2f51139) were transferred to this new Charit8ble Incorporated Organisation. Recruitinent and appolnl'fflent ol trustees Ti'uslees are appointed foi" a term of normally no more than len years. Tr￿1h five years being regarded an appropriate initial commitment. The appointment of trustees is confirmed by the Bishop of Sglisbury. The tfuslees meet at least thrÉo limes each ￿ar lo detèrmine policy. reV￿W performance. aiid lo make key decisions. Day to clay management The Warden is responsil)le for day lo day managemenl of the Communily - taking advice as appropri&le from the trustee$. oth8r Community mgmbers and professional advisors. Rlsk management The Iru%tees have identified and scored relevant risk8 in all areas of the organisalions lrfe and oiganisalion (such as fihos, PeTsonnel, Lègal compli8nca, Safeguarding. Property, IT, Animal W￿lfare). The trustees revi&w and moniloT the major risks the charity faces on a regular basis (using a R,sk Reiiisterl and systems have beon established to miligale th089 risk$. The trustees receThig Teguldr reports on relevant Fire Precautions and Health & Safety matters. THE PILSDON COMMUNITY REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 sthtement of Tru5tees' Responsibilities Tlie Irusle&s are responsible for i)reparing the trusteas, report and the financ￿1 statements in 8r.¢ordai)c8 with th8 Unf(gd Kingdom Accountin9 Standards (United Klngdom Generalty Accepted Arcounling Pract￿e) and £ippltcable law and regulations. Tlie law applicable lo charities requios the ITuslee8 to prepare financial statements for each financlal yEiar which ghje a truè and fair view ol the slate of affairs of the charity and of the incorning ￿soUrCeS 811d appli¢alion of resour￿ of the charity for that period. In preparing these financial statements. the trustees are required lo.. select 8uitabEe accounting pollcie8 and then apply Ihgm consislenlly,. obsorve the methods and principles in the Charf(ies SORP- make judgements and oslimatgs that are reasonable and prudent., stale whether applicalile accounting standards have been followod. subject lo any material departures disclos￿ and explainod in the financial stal@m8nls', and prepare the financial statements on the goiThJ concern basis unless il is inappropriate lo presume that Ine charity will ¢onlinue in business. Tlie truotees are responsible for keeplng proper accounling records that disclose Mqlh reasonabla ai;curacy al any lime the financial position of the charity and enable them lo ensure Ihsl the financial slalemei)Is comply wlh 1110 Charit￿$ Act 2011, the Charities (Account5 and Reports) Regulations 2U08, and the provisions of the conslilution. The trustees are also responsl)le for safeguarding the i8ets of the charity and hence for taking reasonable slsps for the prevention and delectlon of fraud and other irregularili$s. Tlie Iruvlees are responsible for the maintenarte and integrity of the COTporote and financial inlormalion included on the charitable company's website. Legislation governing the preparation and dissemination of financial £ilatgments may diffgr from legislation in olherjurisdiction8. Tlie annual report was ai)proved by the trustees of the charity on btshalf bil.. 8ncl signed on ils Mrs Amtinda Streaifeild Ti'uslee THE PILSDON COMNIUNITY REPORT OF T14E CHAIRMAN FOR THE YEAR ENDED 31 MARCH 2025 Aims and obJè¢tlves Tlie aims and objectives of the charity conllnue lo be the formalTon and maintenance of a communty ol people who from time to lime will live together as one household united in love and prayer aLcording to the precepts of the Christian Gospels, and offering shelter. ho8pitalily and spiritual refre$hrrienl lo those who by reason of poverty, disability, mental or spirilual incapacity, or inability to manage their own affairs are in need of Such a rofuge wlhoul regard lo gender. race or creed. Siyat•g18S le continued lo idenlfy and execute projeds that Improved the quality of life we offer8d through upgrading areas wrthin the community lo better servè our work and purpose. Tlie Iruslees hold formal meetings four limes during the yaar and each ￿ceiVed written reports frcffl the Warden lincluding 14oallh and Safety), Treasurer and tho Operations Manager. The annual ai;counlip were approved al the autumn rneeling, and a budget for the coming year agreed at the si>ring nieeling. Formal community poli¢ie$ on our significant responsibilities are ieviewed on a cirlical l)asis. Tl)ere was also an informal 'away dal again with tfustees and community members in l-ebruary. Governiinco Tli& conimunity was without a Warden for a year from January 2024 to January 20?5. This highly ui)usual and challenging bltuation was held and navlgaled by the remaining two mambers James ￿_￿marI and Mary Daw3s along with the Operations manager Jane Killy. Their extraordinary commilnient lo Pilsdon over this lime enabled the community lo continue, albebt wlh a limited capacty lo lakè on new guests. Much liine was spent by th6 Tru$toe$ on recruilmenl of the new Warden and ensuring that all slandaros weTe maintained during the period wilhoul a Warden. The review of Policies and piocedures ￿ntinued during this perlod. G?neral a¢tlvltlg$ and achlevements Tlie co￿lMunity members continued to meet four times daily for prayer, lo support each other in their si>irilual life and worship ai)d supporting the resident guesls, and lo share a common life. Hospitalty is offered tts guests, includin£J longer term guests. respf(e visitors and wayfarers. We also enablè gue818 to set and aspire to goals according to their choice. The value of this way of life and these activities are not very susceptlble to measurement. However.. i Ive ha¢1 11 guests stsying with us in the community ovgr the year, although numb8rs changed with 1 le3ving. At the end of the year we had 10 guests in total. li We had 3 residontial volunteers dvring the year although we also had several voluntfiers stawng for a few W￿kS across the year. iii We have welcomed Wayfarers {single homeless men and wcmenl for 263 nlghts in total iiii We huve a180 been IrL1Sted by the Courts to offer pl&es and have advocated for people on bail. Vlle welcome homeless peopl8 in cold and hot weather who are referred to us by Dorsel Council. IAle are Iiratgful lo I￿1VIdUal donors and grant fundlng bodi95 for their gener¢)sty. THE PILSDON COMAIUNITY REPOIIT OF THE CHAIRMAN FOR THE YEAR ENDED 31 MARCH 2025 Personii¢l. A'l 31 Mdrch 2025 wa had 2 communlty m•mborn- Mary Davies Jtimes Newman Operation3 Manager Ms Jane Kiity 8UPPOrts tho Warden and Community Members with Operattonal arid Administrative duties. A new Warden. the Revd Helen Lynch, was appointed in January 2025 and thare is ongoing aclThity to recruit new community inembers though the communty h8s continued support from past volunteer8 lid members to ensure the safety and well-being of all those al Pilsdon. Vi)luntary and statutory support Generally, we also have an excellent team of non-residential volunteers who assist with driving, c(>oking and numwous pr3cli¢al tasks. We are most grateful for their support and the stability they piovide lo Pilsdon through being ablo to sustain their commitment over longer periods of time. Tlie Warden and Members are excepli¢naUy grateful and proud of th¢ re$¢dent Guests who have in eir own un¢qu8 ways mude enomous contributions to the thriving of the community. Many of our Guests have made their home here and are a vital and stabilising influence when Wardens and Members arrive and18av8. Wile also continue to be very grateful for assistance of fomer guests and others who come lo live in the communlty for pèriodu lo cover ￿mmunty members are away on holiday, retreats or training c¢iur$o$. We are grateful for the continued support of the Barton House Medical Centre, Thè Bridpc*rt Commuiiily Mental Health Team. Beaminster Pharmacy and 'Steps lo Well-being, and NHS provided Alcohol & Drug Counselling. Assessment & Prevention. Dorset Council, who continue to support the ciimmup.ity, have been piirticularly helpful providing training in safeguarding, health & safety, and working with vulnerable adults. Our thanks to Diocese of balisbury sP8cial$l support and we arg pleased lo host the Curates annual Viilt lo the community. Our good relations wrth Dorset Police continue and relationships with all the referral agoncie$ c(Jntinue lo develop well. IAJe have excellent relatrunships With our neighbours and the wider community in Bridport. Our eirtendeij community who are often also donors, continue lo encourage us. INe have sent out several nfmslellers since Easter 2024 to keep them in touch and informed. Please see our website to acce88 the archives and lo sign up lo receive emall Copies. Financial review le conlrnue lo be extremety grateful for the generous donations, grants and legacies fi¢)m so many of oiir supporters, wi(hout wl)ich this communty ¢ouW not have survived through 65 years of servi￿. Tlie amciunt that we received in 202i1£98.461) was an increase on 2024 {£74,632). Our ¢asl) res¢rvès for 202J1£272,3941 remained adgquate, as they were in 20241£342,5631. Tliere was a reduction in contribulioiis from g(￿1$ in 20251£112,265} comp8red to 20241£158,876}. Guest numbers were reduced in 1025 Compared lo 2024, with the reduction in Phe number of members and the need io appoint a new full lime warden being the primary caiises. wr(h the 8iipointment of Helgn Lynch a8 wal'den In January 2025 we anlicipale that this downward trend in giJ$sl numbgrs and Contributions will be reversed during 2025 and 2026. THE PILSDON COMMUNITY REPOIIT OF THE CHAIRMAN FOR THE YEAR ENDED 31 hlARCH 2025 Our 2025 inve51menl incomg from interest. divtdends and rental income (from Bill's Cottage) of £28,418, was marginally reduced on 20241£30,0*1. Looking al other incom8 sour¢es, oiir shop continues lo run on a break-even basis, showing a small siirplus in 20251£1.308}, as in 2024 {£161, whilst heal incentive income remained stsady at £10.864 (2024 £12,957}. Irtle saw a marginal decrease in the costs of charitable activities 10 £335,718 12024 £339.7431. CJmpaD>d lo 2024, Members and Guests allowances and pensiDns, along with the cost of provisions aiid ganlen I livestock expenses reduced. Utilitie5 cos15 increased slightly as did office expenses. Tliere was a marked increase in repair and maintenance costs. relle¢ting the ageing nature of some equipment. Ovtrrall the value of our l)alance slieel reduced lo £3,739.667 12024 £3.823.954}. Our dayknday h resaNes remain adeuuale for Ilie upcoming year. Plans for the future To recrLlit now members lo support Ihosg already al Pil$don which w¢ll allow us to Increase the niimber of guests we can welcome. We have not planned any major projects bul will b8 sptsnding our resour¢è8 on improvements to daiW living and ensurlng that the Manor. as a listed Iwilding, is maintained for future generations. Bosides this: 1 We ofler8d a sale and loving enmronmenl to our existing household. Aiming lo bring new Guests id havia them selile well for as bng as is needed and mutually beneficial. Wg conlinuod lo hold the counter cultural ethos of l)ilsdon with a commitment to balancing the necessary expenditure of tha c()mmunity with potential loss of In¢ome from donors and revenue from a lower number of Guests. 2 We continue lo seek new people willing lo serve as part of the Leadership Team. 3 We eonlinued mainlaiiiing links with Pilsdon at West Malling. Hilfpld Friary and with other ci>mmur.ilies with a sifftilar ethos. 4 We continued lo be available lo those who contact U8 for support and advice lor Iliem$elves and their loved ones. This need continues lo increase as outside agencies find themselves under more pies5ur?. given cuts in their budgets and staff shortages. We are deeply concerned that anyone leaving ijs. lo Iwe on basi(: Univers81 Credit because they are not able to work or find suitablè work, will be unable lo liva a decant debt free life. 5 We ccinlinued to be more environmentally Sensitive and lo be a point of reference in how to Itve more siniply. 6 We ¢onlinued lo build mutually rewarding relationships with our close neighbours, t1￿ professionals aiid Iradx*speople who support the community. ie annual report was approved by tho trustees of the charty on 1.0. and signi)d on its behalf Mrs Amanda Stroatfolld Ti'ust88 THE PILSDON COPIMUNITY IDIDEPENDENT AUDITOR'S IIEPORT TO THE TRUSTEES OF THE PILSDON COMMUNITY Opinlon .'e have audited the financial stalemarts of The Pilsdon Community Ithe'charty'l for the year ended 3.1 March 2025, which comprisè th8 Statement of Financial Aclivrtie5. Balance Sheet, Cash Flow Slatemenl, and Notes lo the Financial Slalements. including significant accounting policies. The fiiiancial reporting framework that has been applied in Ih&ii preparation is applicable law and United Kingdom Accounting Slaiidards. including Charities SORP FRS 102 'The Financial Reporting Slandard applicable in tlie UK and Republic of Ireland. Iuniled Kingdom Gentrrally Accepted ALcounling Practice). In OLW opinion tha financial stalem8nts: gN8 d true and fair view of th8 Stale of the charity's affairs as a131 March 2025 and of its incoming resourcas and application of resources for the year then ended., have been properly prepared in accordance with un￿ed Klngdom Ggnerally A￿pIed Accounting Practice., and have been piepared li a¢¢ordan¢e with the requirements of the Charities Act 2011. Bas1$ for oplnlon le conilucted our audit in accordance with Inlert)ational Standards on Auditing (UK) IISAS IUKI} and 81)pli¢abl& law. Our resp()nsibililies under those standards are further described iii the Audilorfs responsibilitie3 for the audit of the financial stsl&ments section of our report. We are independent of the charity in accordance with the ethic81 reqU1￿MentS that are relevant to our audit of the financial slatemeiils in the UK, including the FFIC'5 Ethical Standard, and we have fulfilled oiir other ethical responsibilities in accordance with these requirements. We believe th* the 8udrt gvi(lence we have obtained is suffi'cienl and appropriate lo provide a basis for our opinion. Coneluslons rèlatlng to golng ¢oncorn In audiliiig the financial slatemenls, we have concluded that the trustees use of the goiiig concern ¢lSiS of accounting in the prepaialion of Ihe financial statements is appropriate. Based on the work we have performed. we have not identified any material uncertainlie5 relating lo el￿ntS or conditi￿S that, indiwdually or collectively, may cast significant doubt on the charity's abilily lo continue as a going concern for a period of at least twelve months from when the original financial $1&1omg1)ts were 8Uthorised for issue. Our r&sponsibililie$ and IhL4 responsibilities of thg trustees with respect to going concen) are dL&scribed in the relevant sections of this report. Other inforniatio Tlie other information comprises the infom7alion included in the annual report, including the Irustee$' report. Other than the fiiiancial $talemenls and our audilorfs report Ihereon. Thp Iruslees are responsible for the other information cont8ined within the annual report. Our opinion un the financial slalernenls does not cover the olher information and, except to the extent otherwise oxi)licilly statgd in oiir report, we do not exprL188 any form of assurance conclusion Ihereon. Our resiJon$ibility is to rvad the other infomialion and, in doing so, consider whether the other inlomialion is materially inconsislenl wlh the financial slalemenls or our knowledge obtained in the ¢()ur8e of the audit or Othe￿1$e appears lo ￿ materially mis8taled. If we identify such material inconsisten¢ias or app8rerit material misstslemenls, we are required to d9t8rmine whi)thar this gives ri!R to a material misslateinenl in thL% financial statements themselves. If, based on the work we have ..rformEJd, we conclude that there l¥ a material mlsst8lemenl of thi8 Other inforn)ation, we are required to report that fact. Je have nothing to report in this regard. Matters on whlch wo aro rgqulred to roport by exceptlon In the light of our knowledge and understanding of the charity 8nd ils environment obtained In the cuur8e of the audit, we have not identified material misslalemenls in the trustee's report.. THE PILSDON COMMUNITY IMDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE PILSDON COMMUNITY (CONTINUED) We haw) nothing to report in respect of the following matt8rs lo which the Charities {Accounls and Raportsl Regulations 2008 require us lo report to you if, in OUT opinion.. the information given in the Iruslees, report is inconsistent in any material respect with the financial stateinenls., or sufficient accounting records hove not been kept,. or the fiiiancial statements ate not in agreement with the accoLtnling records., or we have not received all the information and explanations we require for our audit. Raspon8ibillti¢s of tru$t*e$ - explained more fully in the Statement of Trustees, Responsibilities {set out on pag& 41, th6 truste&s ala responsible for thè preparation of the financial statements and for being satisfied that they give trije and fair view. and f()r such internal control as the l¥uslees determine is necessary to enable the pieparalion of financi81 statement8 th81 are free from m8ltrri81 misstatement, whelhèr dug to fraud or eiror. In preparing the financial slalemenls, the trustees are responsible for assessing the charty's abllily to c(>nlinue as a going concern, disclosing, as applicable, matters related to going conceri) and using tho giiing concern basis of accounting unless the trusle6s either intend to liquidate the charity or to cease oiierations. or have no realistic alternative bul to do so. A4Jd5tor Responslbllltl8s for the audlt of the flnan¢lal stst8ments IAle have been appointed as auditor under section 144 of the Chari118s Ad 2011 and report in ai'.cordaiice with regulations made under section 154 of that Act and relevant regulthions made or hiiving effect Ihereunder. Our objectives are lo obtain rgasonablo as$uTan¢e about wh8lh8T the financial statements as a whole ale free from material misslalemenl, whether due lo fraud or error, and lo issue an ',iuditorf¥ report that incliides our opinion. Rea80nable assurance ig a high level of assurance, but 1$ not a guarantee that an audit conducted in accordance with ISAS IUKI will a￿ayS d¢tecl a material misstalemenl wqen it exists. Misslalemenls ¢an oris¢ from frau(l or error and are conSide￿d material if, individually or in the 8iigrega.:e, they could rea&ionably be expected lo influence the economic decisions of users taken on the basis of these financial slalernenls. IriE9ularilies, including fraud, are instances of non-compliance with laws and regulations. We design piocedui'es in line with our responsibilities, outlined abov9, to delect material misstalemenls in respect ol irregiilarilies, including fraud. The extent lo which our procedures are capable of detecting irregular.lies, including fraiid is detailed below.. Our apiiroach to identifyq'ng and assessing the risks of material misslatemenl in respect of irregularities, including fraud and non-¢omplian¢e with laws and Tegulallons. was as follow8.. the eiigagement director ensured that the engagemont tsam co118clivety h&J the appropriate cud Taihar than error. as fraud involves intentional concealment, forgery, colSusion, omission or misrepre.senlation. A furthor description of Dur responsibilities is available on the Financial Reporting Council's website at.. wvM.Irc.org.uklauditorsrespon8ibililies. This description fomis part of our audllorfs mport. Us8 of our report Tliis report is made solely lo thè charlty Iruslees, as a body, in accordance wilh 8eclion 144 of the C1arilies Act 2011 and regulationg made under section 154 of that Act. Our work has been uiidertaken 80 th81 we might slate to tho trustees Ih05e mallers we are required lo stale lo Iru81ees in ali audilar$' roport and for no other purpose. To the fullest oxtenl pemiitted by law. we do not accept or assurne responsibility tu anyon& other than the charity's trustees tru81ees as a body, for our audit work, for this report, or for the opinKJns we have formed. lfy/ Edwards and Keeping Lini ed. Stslulory Auditor u.iity Chambers &1 High East Street Dorchesler DT11HA D.ale-. Eijwards and Keeping Lirnited is eligible for appointment as aydilor of the charity Liy virtue of its eligibility for appolnlménl 88 auditor of a company under section 1212 of the Companieo Act 2006. THE PILSDON COMMUNITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 21)25 Unre$tri¢ted Income funds R•stricted Incomo funds Total 2025 Total 2024 Not• Income and EndowmenL4 from: Donalioris and legacies Cnarilable aclSvllie8 Olher trading activitie$ Inveslmvnl income Other income 83,027 112,265 16,618 28,418 10,938 15,434 98,481 112,265 18.618 28.418 10.938 74,632 158.876 12.821 30.096 19.357 Total income 251,268 15,434 266,700 295.782 EApendituro on: Raising I'unds Charitable a¢tivitie$ 116,5111 318,225 116,5111 335,718 (12.8071 (339.7431 17,493 Ti)lal axijendilura Not expf'.ndilure Gross transfers betsveen funds 334,736 17,493 352,229 352.550 183.4701 2,059 185,529) {56.7681 131 Other rècognlsed galns aiid losses Other re-ognised gains and losses 1,242 1.242 20.635 N4 movement in funds 182,231} 12,056) {84,287) 136,1331 Rpconciliation of funds Total fur..ds brought forward T()lal funds carried forward 3.809.086 14,868 12.812 3,823,954 3.739,667 3,860,087 20 3,726.855 3,823,954 All of the. charity's activities derive from continuing operations during the above periods. Tlie funcls breakdown for 2024 is Shown in note 20. THE PILSDON COMMUNITY (FIEGl%<>TRATION NUIVIBER: 11539241 BALADICE SHEET AJ¢ AT 31 MARCH 2026 2025 2024 Note FIx0d attsets TAngible assets Investm￿nIS 14 15 2,756,271 701,645 3,457.916 2,776.300 700.403 3,478,703 Current a$sgts Stocks Dobtors 16 Cash at bank and in hand 17 14.389 16,210 272.394 6,319 16,574 342,563 365.456 302,993 Credilots: Amounts falling due within one yuar 18 121.242) 20,205 Nat curtunt a$$èts 281.751 345,251 Ngt assi?is 3,739.667 3.823,954 Fijnds of tho charlty: Restrlcted income funds 12,812 14,868 Unrestricted Incoffle funds Unreslrii*ed income funds 3,726,855 3.809,086 Total funds 20 3,739,667 3.823,954 Tl)e fi I lalemenls on pages 1110 25 were approved by the trustees, and aulhorised for i88Ue and signeLI on Iheir behalf by= Mrs Amanda Slreatfeild TI￿St￿o 12- THE PILSDON COMMUNITY CASH FLOW STATEIYIENT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Note Cash flcFW$ from operatlng actlviti•s Nat castri axpendilure 184.2871 136,1331 A,Jjustr¥*nts to cash fl(Jws from non-cash Item8 Daprecidlion Investment income Rgvaluauon of investments. 37,461 128,4181 1,242 176,4861 36,464 (30.096} 20.835 (so.4￿} Wk'orking capital adju$trn*nts Ili)¢reaselldecrease in slobks Dacrease in debtors Increaselldecreagel in creditors Nat ca3h.flows from opeialing activities Cash Ilows from Investlng a¢tlvllles Interest IEceivable and siryiilar income P1Jrchas￿a of tangible fixed assets Sale of tangible lixeil assals Interosl and dividends 18,0701 364 1,037 5,964 40.603 (8.8141 18 83,155 12.647 16.298 {17,2071 1,775 12,120 14,355 {48.6111 14 15,741 Nal Casti ftows frorn investing activities N3t decrease in cash and cash equivalents Cash and cash equivalenL4 at 1 April Cash and cssh equivalents at 31 March 12.986 16,515 170.169} 342,583 272.394 129,1621 371,725 342.563 All of the. cash fkjws are derived frorri eonlinuing operations during thè above kn periods. 13. THE PILSDON COMMUNITY NOTEII TO THE FINI,NCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1 Accounting polici88 Si.'atemeiit of compliance Tlie findncial slalements have been prepared in accordance with Accounting and Reporting by Cnarilies.. Stslement of Rècommended Practice applicable to charities preparing thLaiT accounts in ai:cordaiice with the Financial Repoiling Standard applicablo in Ihe UK and Republic uf Irgland IFRS 11121 Ipublished October 2019} and Ine Chariligs Act 2011. B3sSs of. preparatlon Tlie Pilsdon Community nieèts the definition of a public banefit entity under FRS 102. The accounts {financial slatemenlsl haw) been prepared under the historical c081 Convents'on with items recognised al co81 or Iran8aclion valuo unless othemse staled in the Televanl nolelsl to these accuunts. Going concgrn Tlie trustees con8Kler thal there are no material un¢ertalntle8 about the charitys ability to conllnue as a going Ixjncern. Income and &ndowm•nts; All incon)e Is included in the stalomenl of financial aclThiilies when the charity is enlidgd to the income. there 1$ suffi¢i¢nl certainty of receipt and so il probable that tha income will be received and th8 ainounl can be measured reliably. I'he following specific policie5 are applied to particular ¢alegories ol in¢ome'.- Grants. donations. gths #nd legocles Income trom the charlty shop is included in the year in which it is receivab￿. Grnnts AEceivable Grants are recogni8ed when the charity ha$ an enlillement to the fund8 and any conditKsns linked to the grants have been met. Where performance conditions are atta¢hed lo tho grant and are yet to be mel, the income ks recognised as a liability and Included on the balance sheet as deferred income to bi) rolea￿. I￿Vestment IncoTr Income trom investments is included in the year in vA)ich il ig Te¢eivable. E.'$8t Investments Investm*)nts held as fixed assets arv revalued al bid-market value at the balance Sheet dale and the g¢iin or Ii)ss taken lo the statement of financio18clivittes. Si'.ock Stock is valued al the lower of ¢081 and estimated selling price le88 costs to complete and sell, after diie regtird fc*r obsolete and slow moving stocks. Livestock is Shown at deerned cost. based on market value, at the balance sheet date. 15- THE PILSDON CONlklUNITY NOTE¢> TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (GONTINUED) Tiade di9btors Trade ar￿ other debtors are recognised at the settlement ￿0￿nt due. Prepayments are valued at the ainounl ijrepaid. Cash and cash equivalerits Cash arid cash equivalents comprise c88h on hand and call deposts, and other short-term hlghly IKiuid investments that are readily convertible to a known amount of cash and are subject lo an insignificant risk of change in value. Tiado cipdltOfS C:'edilopTh¥ and provisions s of the charty. D*slgn&,'ed income funds are those which the tiustees have decided to pul aside for a particular use. Rw*slriclÉd incorne funds are those donated for use in a part¢cul8r area or for specific purposes. the Use of which is reslrKted lu that area or purpose. 2 Income from donatlons andlogacies Unrestrlcted iiicome funds R8strlctpd Income fundts Total 2025 Total 2024 General Donations and glfts Lega¢ie$ Gift aid claimtrj Grants, including capit81 grants,. Grants frun other ¢harilios Grants 46,134 31,488 5,405 434 46,568 31,488 5,405 48.343 4.980 5.809 500 15.000 15,000 15.434 15,000 98,461 83,027 74,632 18. THE PILSDON COMhOUNITY NOTE4¢i TO THE FINANCIAL STATEMENTS FOR T,HE YEAR ENDED 31 MARCH 2025 (CONTINUED) 3 Incoine from charitable activitr86 Unrestrlct•d income funds Total 2026 Total 2024 General A¢coMrj￿datI0n and carg pmvldgd at Pllsdon Pjanor Guest conlrtbulions 112,265 112,265 158,876 4 Incoine from trading activlties Unmstricted Income funds Total 2025 Total 2024 G9n•ral Shop income 16,523 70 25 16.523 70 25 11,820 35 Miscellaneous $018$ 16,618 16,618 12,821 S Investment Incomo Unrestrlctsd Income funds Total 2026 Totsl 2024 General Interest and dividends layleawes Ranlal iri¢ome- Bills Cottiio 12,120 12.120 15,741 15 14,340 16.298 16,298 28,418 28,418 30,096 6 Other income Unrestricted Income fund$ Total 2026 Total 2024 General n6uran¢g procsod5 R,anewaLile heat incentive income 74 10,864 10,938 74 10.864 10.938 6,400 12,957 19.357 17. THE PILSDON COMMUNrrY NOTE*¢> TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 fvIARCH 2025 (CONTINUED) 7 Expenditure on raising funds al Costs of tradlng actlvitlos Unrestricted Income funds Totsl 2025 Total 2024 Gonèral Fijndraiging trading Co￿t5 - COSt of goods sold Sliop purchases Marketing and publicity Other dii'ecl costs of actDJilies for generating fund8 15,215 569 15,215 569 11,804 616 727 727 387 16,511 16.511 12,807 8 ExpendSturo on charltablo actlvltle5 Unr&$trf¢t•d Restrlctsd Income funds Income funds Total 2025 Total 2024 .comniodatlon and cara at Pi15don Manor Ai=livilie¢ undertaken diredty Allocated support costs 207,461 110,744 318,225 15.452 2.041 17,493 222,933 112,785 335 718 237,022 102,721 339 743 18- THE PILSDON COMMUNITY NOTEÉb¥ TO THE FINI,NCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 9 Analysls of goVernaTr￿ and support costs Unrestricted Restrlctad Incom¢ funds In¢om• funds Total 2025 Total 2024 Suppori costs Staff costs Other ofi."ic8 expenses D3prgci(Ition and loss on disposal 33,169 31,499 33,169 31,499 29,520 29.847 37.196 2,041 39.237 35,864 95,231 101.864 103.905 Governiince costg Audit of trhe financial statements 8,880 8,880 8,880 7,490 7,490 8,880 112,785 110,744 2.041 102,721 All support and governanc8 rnsls were allocated to the acCoMm￿allOn and care provided al Pibdon Manor. 111 Employoes Tlie aggregate payroll costs were as follows.. 2025 2024 IA'agas es remuneration and •xp•n8 No trus113es, nor any persons conneeled with Ih8m, have receThied any remuneration fium the charity diiring the year. NJ IfuslBe8 have recewed any reimbursed expen868 or any other bonefits from the eharty during tho y&ar. Th3r8 hav8 been no related party transactions in eilhar year. 1:! AudlTtsfS' remuneratlon 2025 2024 Aijdil of Me flnanclal 81atemenl$ 8,880 7.490 THE PILSDON COMMUNITY NOTE4¢> TO THE FINI,NCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 1.1 Taxallon Tlie chai'ily 1$ a registered charty and is IheTefore exempl from taxation. 111 Tanglblg flxed assot5 Freéhold land and buildings Flxtur68, rittings and equipmant Property improvements Motor vehlcles Totsl Cust At 1 April 2024 Addilionb D,.sposals 549,016 2.159,093 228,005 11,207 16,200 22,829 2.958,943 6,000 17,207 16,200 Al 31 Miirch 2025 549,016 2.159,093 223,012 28,829 2.959,950 D9proclatlon Al 1 April 2024 Ciarg8 I'or tha yfiar Eliminats)d on disposals At 31 March 2025 31.510 131,929 17,204 180.643 16,278 17,808 3.375 37,461 14,425 14.425 47,788 135.312 20,579 203,879 N8t book valua Al 31 Miirch 2025 549,016 2,111,305 87,700 8.250 2.756,271 At 31 Mtirch 2024 549,016 2.127,583 98,076 5,625 2,778,300 THE PILSDON COMMUNITY NOTE.% TO THE FINANCIAL sTATEmE￿rs FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 1li> Fixe(l a$s•t Invèstmèiits Investmènt propertlas Investment prop¢rtl&s Cast or Valuatlon Al. 1 April 2024 Al 31 M TO THE FINI,NCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 21) Funds 8alanco at31 March 2025 Balanco other at 1 April Incoming Resources recognised 2024 resources •xpendedgalnslllossoslTransfors Unre5trlcted Income funils Non-li(iuid assets 3,276.262 Operating reservo 110.000 Contingency 20.00 Develcipment 1S0,OCK) Manor14ouse designated reserve (35.6951 {38,9611 15,704 3,256,271 71,039 20.OCX) 150.000 252.824 251,266 260,080 1,242 229,545 15,707 1,242 3,726,855 3,809,086 251,266 334,736 R,>strlcted Incomg fund$ Pilsdoii ￿nd Memory shed Donatud boilgr Defibrillator Wardens fund Dorsel Council 4,5611 2tKI 200 11,776) {2651 {4521 263 8,070 434 15000 8.052 14,6611 17,493 12.812 Total funds 352 229 3.823.954 266 700 L 3,739,667 Balance at31 March 2024 Balanu,. Other at l April Incomlng Resources recognlsgd 2023 résourcès 8xpèndedgainslllosseslTransfers Unr8strictod incomè funils General Non-li(iuid assets Operating reserve Conlingency Dgvglopmenl Cabin repl¥￿ment Manor House dssignated raserva 3.264,229 110.0011 20,000 150,0011 45,68.4 134.5781 46,611 3,276.262 110.000 20.000 150.000 145,6831 253,401) 3.843.3111 279,586 279,586 300,375 334,953 428 20,635 252.824 20.635 500 3,809.086 23- THE PILSDON COMMUNITY NOTE4V> TO THE FINI,NCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) Balance at31 March 2024 Balance Other at 1 April Incomlng R￿oUrCeS recognlsed 2023 r8sourc8s gxpendedgainslllosses}Transfers Rastrlcted Incom8 fu nds fiinds Pilsdoii land Memory shed DonalL*d boiler Defibrillator Wardens fund Cabin replacement Dorsel Council 4.560 200 3,395 529 8.08b 4,560 200 1.775 263 8.070 11.6201 12661 17111 696 500 15,000 15001 15,000 16.769 16196 17.597 5QO 14,868 Total fu￿d$ 3,860,0￿1 352.550 295,782 L 20,635 3.823.954 Tlie sppd=ific purposes foi. which the funds are lo ba applied are as follow8.. Non4iquid assets funck This fund repTesent8 tha net cost of such a$s8ts in the balance sheet. These isels &re generalb/ essential to the activities of Ihe charity and cannot be realised without sevore diktrimenl to the 8¢hiwem6nl of the charity's objectives. OperatSng reserw This fund is held lo moot day to day cash flow r8qulrements. C)nts'ng￿CY- This fund is lield to meet any unforeseen evenlualty. Dgvelopiiignl- This is us@d lo carry out non-roulin6 mainlenan¢g and to linance developments included within the five•yetir financial plan. Cabln replacement- This is a project to build new accommodallon for the charitys members. Manor House design8ted rès8rve- All remaining funds are allocated lo the Manor House designated eserve INJnd. This fund is lo be used in lo increase available accornmodalion for guests. Pilsdon land- This fund reiTrres8nls funding raised to assist with the future purchase of land at Pilsdon, Dgrsel. Memory Shed- This fund rBpresents funding raised lo for a pro1￿1 lo ¢elebrale the 60th.anniversary of the community. D,)r8et Council Gr9nl- This is to fund wayfarers taken in durlng the year. Donated Boiler- This fund represents a boiler and bumer donated to the communlty. D@fibrillalor- A dèfibrfllalor was donatgd to Ihg community 'arden's fund- This is di)nalions received for guest's beneffts for items such as art malerlals Cgbin replacgm9nt- This a project lo trojild new accommodation for the charws members -24- THE PILSDON COMMUNITY NOTE*¢i TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUE.¥DJ 2.1 Analysis of not assets, b•tween funds Unr•$tri¢ted Income fund8 funds G•n8ral Restrlcted Income funds funds Total lund$ at 31 Mar¢h 2025 TÉingible fixed assets Fixed asset investment$ Currenl..3ssets C,Jrrenl liabilities 2,756,271 701,645 290.181 21,242 3,726.855 2,756.271 701.645 302,993 21.242 12,812 Ti)lal net assets 12,812 3.739.667 Unrostrl¢t4d Incomo funds fund5 Ggnoral Restrlcted income funds funds Total funds at 31 March 2024 iingible fix8d assets Fixed asset investrnenls Cjrrent a55els CJrrenl liabilities 2,776,259 700,403 352,629 20,205 2,041 2,778.3C 700,403 365,456 20,205 3.823.954 12,827 Ti)tal net a$8els 3,809,086 14.868 22 Related party transactlons iere ￿re no related party Iransa¢lion8 in the year. THE PILSDON COMMUNITY DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 T¢tal 2025 Total 2024 Incoming resources DDnations D.)natioris and gifts Li:gacieb Grft aid (:laimgd Grants fi'om other charities Grants 46,568 31,488 5.405 48,343 4,980 5,809 500 15,000 74.632 15.000 98,461 Actlvltas forgenerating funds Sliop inc'.ome Bi)ok sales Miseellaiieous sales 16,523 70 25 11.820 35 966 16.618 12,821 Investment Income Income fi(¥n renls Inleresl,.and dmdends IAlaylea￿es 16.298 12.120 14,340 15.741 15 28,418 30,096 Ti)tal income from generAling funds In¢tsme from charitable &ctivitas Guest c(Inlribulion8 143.497 117,549 112,265 158.876 oth8rincome Insuran¢e prowds R.Anewable heat incentive income 74 10.864 6.400 12,957 19,357 295.782 10,938 266,700 Ti>tsl Intsomo This page does not foTm part of the slalutory financial stalemenls. Page 26 THE PILSDON COMMUNITY DETAII., ED STATEMENT OF FINANCIAL ACTIVITIES FOR T,HE YEAR ENDED 31 MARCH 2025 (CONTINUED) Total 2025 Tolal 2024 CDSt of raising fund$ Sliop purchases Marketing and pUbl￿lty Other dir'ect costs of aclivilies for gilnaratiiig funds Ti>lal co%ts of raising fundt, Charital)l• activitos Vi)lunlee.r expense8 Cammuiiity mambor$ 8llovRnces C,)mmuiiily members pen¥Fion$ C.)mmui)ily members other e)penses Eilucation and spiritual d*Nelopinent Pirjvisioiis Light, heal, ¢oun¢il lax and watèr "pairs and maintenance nenllies C'iurch tsxpenses Ti'ansport and travel Garden land livestock Guest eiipen 15,215 569 11,804 616 727 387 16,511 12.807 3.316 14,798 7,461 1,878 31,254 18.827 5,438 7,989 4,308 23.637 62.116 77,442 1,781 548 16,384 5.595 109 5,407 30,414 62,102 40,908 2,477 1.136 15,860 16,415 2,355 237,022 222.933 S,Jr ppon. costs Aijmlnlslrator Olher of11￿ expenses Dapreci¢ltion L()ss on disposal 33,169 40.379 37.461 1.776 29,520 37.337 36,464 600 112785 102,721 P,Ilsdon total expondlturn on Charftable activites 334718 339,743 SIJMMARY Income Raising 1 unds C18ril8ble actwilies 266,7 116,511) 335,718 295,782 112,8071 339,743 Not sulplus forthe year 85,529 56,768 This page doos not form part of the slalulory financial slalgmenl8. Pagg 27