Charity reglstration number: 1156273 The Shaftesbury & District Historical Society Annual Report and Finandal Statements for theyear Ended 31 Ntarth 2025 Ward Goodman AudftSep41¢*s Ltd 4Cedar Pdrk Ferndown Industrial Es*ate Dorset BH2175F The Shafteslwry & Dlstrirt Hlstorical So¢lety Contents l¢ontlnuedJ Rpfereno and AdrniniStTat]￿ Detslls Trustees, Report 2to7 Statemerrt of Tntstees, Rwn5ibilibe5 Independent Examifterfs Report ststemertot An8n¢lal Actlvftie5 io Balance Sheet li otesto the Flnanclal Statements J2to20 The Shaftesbury & Di5trfrt Historical Society Reference and Admln15trative Detsils Miss Jeanette Hardiman MrTorry Martin Mr Rupert ￿lliaM Tapper Mr lan Kellett Mr5 Sheen? Commons Mrs Elaine Barratt Mr David Hardiman Mrs Elizabeth Mrs Ann Syrrtons 1156273 thlrfty Reelstratl(m Nwnbtr Principal Ot Gold Hin m￿eum Sun & Moon CottagÈ l Gold Hlll Shaftesbury SP7 8JW Ward Goodman Audit servi￿ Ltd 4 Cedar Park Ferndown Indu5trkl Estate Wimbrlrne BH2175F Page I The SIMftethry & Ixsirkt Hi5ttirlcal Soaety Trustees, Report The trustees present the annual report together wÈth the finan(ial statemeftts of the d￿rItyf0rthe¥ear ended 31 March Z025. The objett of the ao is to encourage the apprrfiation study and enjoyment of hi%tDry. espeually that lo(al to 51Mftesburyi D¢rse¥ and its eTr41rons, aThd thereby advance the bJucation of member5 of the Soriety and of the publk of all oge5 and back8rpund by, In partlojlar but not excSusi¥ely. (a) opefatin8 a museum of artefacts whith reflect the hlstory of thE am and (b) ￿rnintaInIng a fibrary of IX￿ and documents of lo(71 hirtorical Intsrest. The Society: * owns. maintsins ar￿ operdkn Gold Hill Museum wP4ch is OP￿ to the pubHc d4ilyfar at least Seven months of theyvar wlth fr￿ admission •mounts at lea#two temporary ethbittons each year In add5tlon to ￿ reBular thspl •own5 and maintains a Ic*c21 history Ilbrary 2nd ar¢hTr￿ whith is open to membets and the general public for research purposes by appDlntment ataTred times throvthoutlhe ye • vrganlses aad holds lectutes In the wirtter whlth rw be attended ty rK)Trmefftbe￿ on mment of a small • Sharos a1trarnl*)g and outyeath edu¢3thTh V¢JffrnTnmewith the￿ Mwm. The soclety was operated entlrEFy by volunteers forthe whole )w. The v(4unteers rf*de a hu8e contrMon coverTn8 e¥Ery aspert Of the Iweration. Not only do thetrUSt￿ apwwlate the ron5iderable, wlMln& hours input but also the genrdl publlc is Impressed by their tofttrlbution a5 can be sw in our vtsiti)r comments book Brid Comments oTrknÈ. publk sets the 5tewaTd% durlng thelr visrt but there are, of ¢our conslderable inputs by volunteers be￿nd th? 5ftna as those who malntsln the bulldln& labour in the 8orden, work wlth trrt colleEtKsn Dr the and Ihraty. put up the dlsplay4 producp and publish the newslètter, Ipply for furmllng a5 approprfat4 ￿SUre torftpl1att￿ wlth current requlrèmerts updats the webslte. tske part En research vhth tht loal community, orEanlse the a114ge and lttelon8 learnln8 aLti¥iths nd or8Hnise the wlnter leciures. The Society operates pub￿ed Vokniteer.. safeguardIn￿ D15ability Dis171mTnatlon; Equal Opportunttie5" Heatth & Sa*, Edu¢atlon: Exhlbitton & Dl¥lay, FiTrancial C(mtro1' UfelonE LeaTnlns PKw151tlon & D15P05al. Care & Conservation; Collectlons De¥elgprnen¢" ETNironmwrtal: *£ce4" Data Pn)tecttop POli¢le5 as wefl 45 EmetyenLY," Restsurry Audleno DebElopment. Forward Plans, Security Review. and a Documentation Protedural Manual eD¥eriftg acce55ionlng and disP05al of loans all of which are updated to %heduEe. The Souety is a member of AIM lthe A5s0tiation of Inde[w￿art Museumi), the SouttFWesl Federatiorj of I￿seumS and Art GalleTle4 thE Dorset Assticiatlory the North Dorset Musews Group and 15 arcredik¢d withACE (Arts Coundl England}. The tru5tee5 comlTm that hm contplltd wRh the f4UIr￿nettt5 of 5eLtion 17 of thÉ CthJnlles ALt 2011 to haw due rei4r4 ts the publlc 0￿eft￿03nce published bythe Chgrtty Commission for EnEland and Wales. Page 2 The Shaftesbury & Distrl¢t Historfeal Society Trusteu, Report {continued) Manawnent The Tri￿ held 12 committee meetlnE5 WI￿1 delkrtred reports on their respecdve rup0nslbiliti￿. SubThps met as hece&sarytodeal wlth ascouectlons. Arthlves. Ubrary and Exhlbltions. The museufft opened ¢n Saturday 23 Marth closlng on Sunday y November. tt als9 gpened for the tovén's Snowdrop Fastfval durfng Febnjory IAif-tÈryn. The glft shop has a wide solection of gyryentr% the majority of whith are made and ts a goad source of in¢ome. Because we do not d￿rge lor entry, WE rely on the 8erJerosty of our ¥Yslttsts who mmibered ￿￿57. back to p￿c￿￿K1 Shop purthases and donatlons provide a t4rge part of our tncome. Our gardener. wlth ara5ional hew frrmn one othes. contiftued to wo ead4ty4nd retffjblythroughoutthe year, for whlth many thank& Th• Collpthon The Collett1￿ tewn have contlnued to document all ID the storW￿. Thls k v2ry laryg tsrni and ¥AII teke time as ea¢h Ittm has to be thecked that the paper Work Is in order and entered corredy In Mpdes. athlltion each Jtem Is now being photographed and entered Into Mixles. This takes time btrt we ar2 hopil that thè Syslem wll ¥pffd ￿ In the fuivre. There has been a slow trickle of donat¥0￿ of Vddou5 kfnds. We ontrsr accept 81fts. one Glft of note was a Shaftesbury Penny Grfted Fy Phll Proctor. Ako Ydrlow Iterns of old baby ckithes xhvol unrfomi& We look fo￿rd to MOVI￿ some rtems from pur current storeroom Into the new sttyervDm in the new exten￿1. In summary 4 successful year. 2024. th¢ dlsp* mounteil In ThJrsm*lt eyhiljltion room * ￿ade In *xftestsurf. As as Sbafte5bury Itself, thls was extended to Indude all the wlt3ges In the m￿U￿$ ratdU￿ atea A ht of re5eafch in our Ilbrary and archives pr￿uC*d a large fist of businases from taffl￿ to brfckworks. Items h￿nUFaCtu￿d ran8ed from tsutton5 to tssto britks ty fiour PTDduced in the lucal watsr flour is stlll produced today ty tht watw mill In Canll whlth 4QDtln4M to Thlf wa5 an intertsting Èxerctse and a lot. dl%o¥ered ?hout ur Irjcal area. The Vlklng d15play from thE PTE¥¥ow ¥èar was taken down and replBced wlth a dtsplay about the Shaftesbury HIEh SthoDI for girts. Ilys It￿deS varfous items iyf ynlfonn. photDS the wl4lt7al xhgBI * ar￿ an Imw of the pkqve wi the tat?. ThÈ tempow 3rrJAve exh"thitlon about ￿ng￿rèd,S Mlddle Sthool wa5fjdapted to eommer4)r*e the twentieth annibprsaryof the xhool dasure in 21x14. This W4$ followed by a display rrf early tourlst guides to the town. In advance of the new season an exhlbition of rnaterfal produeed by Hith Ho￿e Pre￿ in the 19205 and 1930$ vds ukwelod in FebTuory durlng the haff term holidav. Pa8e 3 The Shatsbury & Dlstrl¢tHlstorwal Sodety TrustÈes' Report (wntinuedl The LlbrarylArcl The archivesteam of 10 volunteer5 has contlnued to sor¢ cataloguèand conserve the Collection and eirter na¥ Items, recelved as donètiori& They ha¥e dpatt wlth enquiries via the museum wEbslte and thro4 prearrdn8ed wsits. Muth uf the printed rn*eiAI has been ￿tak￿d and the Rrenda Inn&4 ardth intwated whwe approprlate. Attention has therefore ljeen 4fven to the dlBit153thn of the colour sIFdes in the rallfftion. The slldes ha* beèn placed In add frEe foltsrs and the s(2ns saved a￿d oryani5ed on the mL￿e￿M computer systeffl. As prt of the m￿eurn ￿￿nsIOn addlrional stor*ge space ha5 been tmted with the remrwdl of the office from the library. An order has been pkrAd ft￿tWO rDws of shelviffj fvndEd by thè SwansTnsL Monituring Of the atmo5pherk £ondttion5 in the Ilbrary ha5 fDntinuEd. Humidtty levets and temperatures are now Slti*ttDryfoiknanÈ the InstsllatTh of a portabla alr condttloner. The Lll)rdrlan attended a tonsuhtian eveht at Gillingham Museum and lèamed abo￿ the user owagtment projett beln8 carrfed out in the town and surrwndingvllla8es bythe L£)cal History Sodety. Memkershlp *c the end of March 2025Y4as around 130. The 5ociety5 annual nevJskn WH5 the blggest yet and rec•ved much w4ise. However, the weitht of tt meantthat the p051age costforthe 31 mthnbets who (k) not li¥t in tslmn%d4ate area was ccfftiderable. Andy Hargreaves. a lo(al ITexbrt (ontinue5 to ler￿ Sup￿ pro bono. The Wiaftesbury Remember< websits continues to 8row and indudes the bitv4pht￿l dekiE5 of 1622 IndMduat5 fFDrn the l(ycal area who seNod in the FlTrt We￿ War. Most of thw TeMrd5 Isave nthv been updated uthg data frDm thé 1921 cer￿ ETrquirles and appreri&tloft ha¥e been received from35 far*Ield 45 Nèw Zeaknd Au5tr9114 Can4dH anl the Unfted State5. The Edwardian Shaftesbury arthl Edwardlan Wll8ges lidts lif Albert Trler plwraphs were PfESent£d to the Rotary (Jub. the Trefoil zroup, Motthmbe Grange residents, St John's Church coffEp morn1￿ and to restdents and their famllles at 5t Dents Lodge. Museum Yolunteers have also Iwld twelve Remin15¢en￿ Afternoons at Shaftesbury Ubrary this year. an average attendafi￿ of IfL The Lecturegnd Ev•ts Proyamrne The y4riad programme of Winter lertures attracted ggDd audlerKes thIDw￿ Thanks to the gnsoing pubbcty Pr￿￿￿ed by Alfred Radio and on our own SI￿)SEte. several noTrmtThbe￿ wm¢ of whom JolrRd the Society, attended eath. In 5eptemkntwenty.four Society membw5 enicyed the Fwiallty and knowled￿ ol ILxal htSttWFan Martln Shalcrf>SS. Indud1￿3 vlslttoTisbury parEsh dwrds. The Shaftesbury & Di5trkt Historical Soclety Trustees, Report (¢ontinued} The 8ulldin85 The ml￿un<$ last fire asSes￿￿ent havinB been carrfed out it the tlme of tts rÈdevelgpment anfl extqjsion ba£k in 201& a Fire Sthty cO￿UlEant Instrurted and fgjlowing a len8thy meetin8 between the thalrman, Buildlngs M4na8er and the ￿nsUltant in Df the buildin8 Its existing fire Safety arran8effents. hts rèport and recommendatK>ns were receivè4 most uf his rerommondatlon5 were actione4 whlch includéd a Visit and inspthn ty5baftthry ￿re Bri8ade in May. Ha¥ÉnB r&efved an IrtsuraficÈ surbEyof5 repwk a rewmmendatloTr w05 rnde trffjt remote siwiglliryg bi Incorpotsted btto our extstingfve *S￿rn. Thi5¥As Su￿￿5[U1￿ Installed fn July, RegardlWgtw&wlndowy the Garifen ruum. a bcal r•trsat18fac￿rllY repHlrEd thenk Th2 flttofS of rece￿0￿ and rourn5 1 & 2 wpre rtrpainted prlor to the Aprfl rÈ-opening date. The tholrman and Bullifmz Manager nw the Arthitert * hls oMr* AprEI when k was rpaxnmÈnded th*the MI￿￿UM sh(wld take £harge of the and Moon Cottage proJect and appuint Dur own bullder to 3Ee the pruffttt through Zu rth1P￿tiDrn The wthiipck had obtalrwd p13nnlns and bulkling regu*loll5 c¥xiseRt and pra¥iqled spetlftcatlons and drawl￿ A 5uttable bulldpr wa5 appointod, and the wDrk progressed throt4thout the yeBr ta a 5atFsfactory condusfon. The work Induded exteThslv¢ altprnaon5, whkh IrKJuded paintlns and decDrfinu thE prerni￿ and 2xtendFng the CCTV and Intruder akrm 5VStem& A $eparate ongoing problem ￿ rairfvjater ]n8TeSS fr0ft7 abDYe the entrancè dDor to the new shop. It ts esTrbllshed that thb was due to a leak1￿ siii in the ￿ndOW above the dwt. Thls W *lsTattonty rettlfied, toget1* wth repar5 to a gutter, alr vprt and draillage doWn￿pOS. The temperature ift the Ilbrary could Bn# unbeHrably •￿t * thn8s for tlw who work there. A solutTon w45 rqulred. A f￿￿tand1ftg untt pro￿d[rEternpep￿r￿ tontrDI was purcw installed and plLMnbed Inta a htsle In the reat WAIL throuBh whlth it exlkusts and drdlD& ft is workln8 well arrd the team are sati5fiEd wlth the solutlon to their problem. The 4Utters were deafed In Febnrnry. Thé museum's wtndcp*s deaned extemally In Marth. We had no power surae prDtectlon In place for the vanous el¥trfGal devrw thtwhout the museum. Thil has been rettTfied through the purchase of p(Twer &ur8e eknsk>n 42bles. Alr conditioninq iyds 5er¥l¢ed in March.The fre alorm systern was Sat￿fact￿ s*vlced In Marth. The Gold Hill Museum contimits to be the maln engine of publioty for Soclety aeif¥ibes, supported by the invaluable output of Shaftesburfs own radFo ststion AIftEd. trfill Afjuseum tontlnues to be publkised in o tourtst ltsfièt pubbshed iDirtfy with the Abbpy Musetsm and Garden￿ in a Museums Tr•il l*afletfe•turfns sever¥il North Dorset museums• 4nd in a T(VATn fjulde map sold at the Tourist Inforniatlon Cerrtre Installed inside the Moffisons Daity SupermarkeL The Shaftthiry & District Hlsiorfcal Society Trustees, Report Icontinued) DonaEIoTo1 slxlp S8les The mu5wm was opeft IstAprflto 31stOctt)ber arnl Febnmry Idf-temi. Therefore, incorne from Dcnationsand Shop sales are as folh)ws. Llonatlons Cash and Cheque £IL656.81 Donatlonscaril £1684.30 Don#tlons GiftAid £8,145AKI DonattDn5 Churn £698.8 Donatims SH Books £209.53 5hgp sates £2,67459 net: Goods Sold £g*X93 Goods Purchased £7,220.34 DonatJons ha¥e intreased thanks tovery *iNI cwtnlxrtions from member5 towarlts the buildlng wcrk 2024-25 ApTiI- ￿tOber 2024 and FebrLWY 25 Adutts 17.225 Chjldren 1132 202>24 April-O¢tober 21125 FebN?rylMarth 24Adults 18.101 Chlldren 1107 Grants The bank balance5 have dvAndled duetothe on8oln¥tyJllthnEwrt. Community Attount £8.331.13 Busines5 IAoney Manager £2¥82153 M&G Investment £48 995 The workts merge thesun 2nd Moon Cottagè intD the iYsus•um •Thd UP8Tad*the ￿ge$ electria, extend the rjre alarm and wirity system cort £59,370.45 to the ￿ of IAarth 2015 whlth h￿￿deS the nttjnles pald to the aTchlteLts at the end of th? prthry0￿Y*. The Gift Aid dalm is proce55ed kn thef(Aknring year. So will be dalrned in 201&26. The Glft Ald claim forthe ye•tendlng 31 March 2024 was £2.302￿0. General Remarks Repairsl maintenan￿ Costs £5,404.37 and alyJ¥e the new works Library RefurblshmeTrt£559.92 Brltish Fa5 Electric. We h4%E renewedthe contract and Iwe a Flxèd Tem Contrdrt to 23 October 2027. Tl* has no loans arKI none of the Museum¥ a55ets an&L•llectnn) is used as C{￿lateral. The Museum has just one site whKh is owned by the and the accounts cover atl fin4nual a¢tl¥ity at th* . Our iTNestment PD1￿ is based on the winciple of rautlm using a deposit accounr and a Chartfund lffrfestsnent at preseirt, The TriJ51ee5 thank all our donor5. Indudlns aur merrthrs. the 8eMThl wbllc loEal businesses and graups. fur thelr geDeroyty. We also thank those lotal énd rewial bu5ir*ws whlth offer ncessloTral ra￿, and those businew who tum up atsht>rt notice to help us out in an emergenry. Page 6 The Shaftesbury & Distrkt Hfstori¢al Soclety Trustees. Report (coM"nued) The an1u￿1 f￿ed costs Iratts, irwrance, utjlltle4 maint2nanc2 ￿ntraCts) of running the Museum ?rE in the r*oD of £10 OQO. tf th¢ Museum must d05e for èny reason we still have th￿e bllk to W Wlth the3ddltlona7 )ntern pf tFie proposèd irrn In fuel prfres and hs kntlck-on effe£t The lift ts necpssary for en3bllng full acoss and *•uld be expensive to repla Substsntlal iepalts to tr fthic of tsulldlns may be nee412d at Jome time In the futur*. Tn*tees h*4e e>Urr￿ted a figwe of 5% of the v￿ue pfu5 rtsèd ¢05ts as the cOn￿ngenry reseNe. At the year end the charlty held free re5ew OF £79299 (2024: £11&655}. Free re￿YeS are okulated by eductlng unrestricted ftted assets from urwestritted r￿e1ve& PlaN8fgrfutur• perfods We plan to opon on Tuesday l April for a nomial swon. Two 50tW memlxrs have mounted an exciting temporary ex￿￿t￿On of arrhwJowtsI flnds as a result of onÈ of thèm StrO￿n8 al pre5UrnQ that the charitywill tontinue In kn￿neS￿ afry ts'me the fihan*l p051tlon of the ¢lMffty and enable thern to tTsurethattheffnafKhl statements wmplv vhth the ALt the (brftiea (Acwunts arrfl Reports) Regubtion5 and the provislotts of the ttsnsfftutson. The tntstees 2re a￿0 re5p¢>nsknle for safew1ard1￿ the of the charity and her5o for tak rea5phable step5 for the preventloh arKI deteL*loTr offraud and otherlrfegularitles. The trustees are rÉsponsible for the rnalrrtenanr* and integrity ol the (vrpgTate and f(nanaal Inlorm*ion induded on the charitable ￿thite. IRgisknn 8oRrnir8 the proparation and dkwnlnatlon of finartrièl statemerts may differ from lewdation In otheriurixlirtians. APPn)yed b¥the trustee5 ofthe charltyon .. - and si￿4 on its beh41f br. Ine Barratt Trustse Page 8 The shafte￿ & Dktrlrt Hlstori¢al So¢lety Independent Examinerfs Repprtto the trustees of The Shaftesbury & Dlstrirt Historical So¢iety I report to the trustees on my examinatlon of thè accounts of The 5haftethry & District Hlstorical Soclety for the yearended 31 Marth 2025. ReSpo￿lb]lIties aml of r2POrt As the tharity tntstees of The 5haft* & District Ifisroiical Soriety you aft re5Ptsrtslble for the preparation of th¢ arcounts in accor&ncevAth the r24UiTeffthts of the Charrties Art20111'the ACVI. I report In re5pett of my examfnation of th The Shafte5knJry & Distrirt Histori￿ SociEt¢s a￿O￿niS Garrled out under secth7n 145 of thè 2011 Art and In Ca￿En￿ out My erdmination I fdlowed all the appllcable Dlrertioftsthn bv the Charfty tamrriw uthsertion ￿515)(b) oftheAcL I ha¥e completed ty examination. I confimi that na n*twial mattets have come to my attenuon in ronn￿ofi wlth theemminth KfvlnK me eats*tr• Wieve that in •ftymaterfal rwett: l. a£q>yntinE records were ftrt kept ID respett cf The Shoftestwry & Dstrkt Historical Souety as required by5ectSon 130 Of the ACL. or l. the accounts do notarcord with those records: or 3. the accounts thJ nbt coM￿Y wfth the accountlnc requlremthits tol￿eM5￿ the fovm and content Df aLcounts set out tn the tharfties IAt¢ounts and Reports) ReEulatiDn$ 2LTh other than any requ5rement that the accounts o true and fair ¥￿. Is rnt a matter considered as gart of an irthpendent e%aminatlotL I ha¥e no ton(m and have eome acr055 no other matter5 in ronne£tlon with the examin*ion to whkh attention should be thawn in this report in order to enable a proper Understanding of the arGounts to be reached. MrT G Froud ACA Ward Goodman Audit Servkes Ltd 4 Cedar ￿rk Ferndown Indtsstrial Estate IMIM￿ne BH217SF l.S..l.C>Él.2oig The Shaftthry & Distrirt Historkal Sodety ststsment of Flnandal Activitles for the Year Ended 31 Marth 21)25 Total Total funds Inrthie aftd Endowffl•ntsfron Donati0Tr5 and leg4ries Charitable actlvttles 17,705 19,317 21,T13 Totsl income 5L7n 51.771 37,022 CharIts￿e actfvTttes Ofhèrtxpenditure [21,268) (37.735) (4X6J 12&574) (37,735) 132,4051 Totsl expendlWre 159,WJ) (4306] (3I405J Net lexpendiLureUIKvme {7,232) (43)61 (IL538) 4.617 fvnds {528 523 Net mLwernent In fvnds 17.7601 (3.TJ8) (iL538} 4,617 Total fvnd5 bruughtforward Lo31￿1 IM35.4(B Totsl funds carrled fonvgrd 1.0230 4ffi7 L02&488 LI)40.026 All of the charitVs athitff5 derNe fr¢Yn cantinutng OpE￿tionS durlngthe above two peritid5. Thefunds breakdown for 2024 19 *hth#n In note 15. The notes on pages 12to 20forvn an Integral part of these finaDriHI statements. Pyio "stration number: 1156273) Balan￿ Sheet 85 at 31 Marth 2025 Tangible assets Heritsge assets nA78 81V*78 136,624 787282 132,624 944502 9443)2 919306 li Debtors 5.766 48.995 25586 5,766 3,392 44241 68525 Cash at bank and In hand 4,687 30273 89.952 4.687 94.639 121256 CY¢dltor5:kntyJnts lalliry due 14 (10.653 (1.136) 79,299 4,687 120,120 1,023 L028A88 L040,026 Fundsofthe11¢ benefft entity under FRS 102. The acL¥)unts Illnandal Statements) been prEpared under the ht51ori¢al cost (rmention wlth Items We0¥n￿e￿ at ortr2Thsaetff)n wdlue unle55 otherwise ststed In the relewdnt note(s) to these accounts. The tru*•￿ coThsider thatthere arè no moterf¥l unEertaintiÉs aboutthe charftrf5 abilfty tts contlnue as a 80sng Intome 9ndendo￿￿ts Voluntary iiitome Indudi¥￿ donatfor￿ 81ft4 le8aties and grants that provide coTr fi￿￿lFIl or pre ol 4 8eneral noturn &s recognlsed when the charity has entitlement to the Income. tt 15 prthble that the income wtll be reGElved ?Dd the amount can be mewred with St￿(1ert reliablllty. Donptions and leeadèj are reiwlsed on a rece￿￿ble basis when TEceipt ts probable and the am*wnt can be rellably measured. Grants are reco8ntsed when the thaiity ha% an entitthent to thefunds and any condttlons linkedtothe 8r*rts ha¥E been ft￿t. Where perIOrman￿ conditions are attached to the gfant and areyel to be me¢ the incomr is rec¢￿Ised asa Ilabilityand induded on the balan￿Sheet a5 deferred Income to be Teleasod. Page12 The gtaftesbury & District HIstori￿1 Society Notes to the Flnan¢ial Ststsments forthe Y￿r Ended 31 Marth 2025 (continued) 2 Ae(ounting polide5 I￿1￿[hI￿dI All expenditure is reeosnised onr* there is a legal or constructsve obligation to that expvAiture. Itls probable settlement is reqyired ar￿ the amount can be measured reliably. All costs are allocated to the applkable expendkture headlngthat azgre8atè 5imllar costs to thateAte£ory. Where a)5ts cannot be djrefjtly attribthd to par￿￿larA￿adIng5 they have al1c￿ed on a basi5 conststert with the use of resttuw wth centr31 staft Qsts illrjcated on the basis ottime Sp￿ and deprec￿t￿￿ tharges allocated on theportion of theas5oVs us Other supwrt costsae aI[ffa￿ based onthe spread ofslzff Charitable wwditure comw those costs incurred by the dMr5ty In the dtlt*ry Qf ￿ 3Lti¥i¥es and Serv1￿ for Its benefidarfe& It includes both costs that can be olkKated dlrecty to such athitEe5 and those ruts of an indlrert nabjre r*¢e55ary tosupport thenL Provisions for 8futs are made when the irrtention ts) make a yaftt hal been commurtcated to the redWÈnt but there Is un￿rtalntyabD￿t 27ther thedrftingof the K(Ort orthe amount of grant payable. Ihese Indude the Lxrts attrfbutabFe to the charitys Complian￿ with constthtional aml statykny requlrements, Induding audlL strategic manaEement andtT4*tees ffleeUn2s and re1m1￿rSed ex Indlvidual fixed assets costing £5￿.(￿• or more aye Initially recordÈd at any subsequent aoxmulated depr￿latiOn and subsequert a¢cumuW impa(rnient1055e& To meet the w￿rements of the 50RP. dlsclose the policy for %qui5ition, Preservati￿ management and disposal ol herttage asset Depreciation is prowded on tsn8lble fixed assets so as to wrtte off the c05t or valL*tioN less any estlmated residual yalue, overthw'r ex￿ed u*fvl ecoMmic life as follo￿. Furnlture and equipment- IQ yeatSStraieht line Computer equtpm•rt- 5 year5 Strdi8ht Ilne The Sun and Moon Cottage, aftd land and bulklings are not depreciate(L Intanw'ble and tanklble fixed assets are thiewed for impalrment when changes in ctrthrnstsntes or e¥ertts Indicate thatthe canying Ydlue of the r￿ed as*ts may not be reo)¥eTable. An impalrment loss Is reeo8nised vthere the recoverdble amotsnt ts less thanthecarryingvalue. Pa8e Notes to the Finandal Statements for the Year Ended 31 Maffh 2025 (continued) Currefft asset Invest￿ are inththd atthe lower of c(* net ￿)[sable value I marketfdb Stock Stork Is valued at the lower of tost estimated prwz less c05tstO Ll)mplete and sell, after due reyd for absolete anfl slow movlng Stocks. Cost Is detern)ineil uslns the flrst-in. firstaout {FIFO}. Trade flebtOTS are amourrts due from a4lorner5 for merthand15e sold or ser¥ices Perf￿Med In the ordinary C￿rse of iwslness. fash and eash equfftlents ta5h and osh eqUi￿le[￿ cornprise cth on hand and tall {446) 4.687 8,465 14.306) 528 Totsl funds IW,026 46,673 158.uil L028A88 Palano at i In¢omins General Funds 1x126,911 29,ns 125065) ImiSFA 337 337 33rJ {5281 Sd)arfartkLe8acy In Praise of Wood Exhlbttion Small Grant Btg Projert 8lackniore Vale Dalry 5vAns Trust 8.097 (528} 146 (4720) 4.687 4687 (4,720) 8A65 Totsl fund5 I,0￿,409 1,040A26 Page 19 The Shaftesbury& Distrftt Hlstorfol Sodety Notes to the FIna￿val Statements for the Year Ended 31 Marth 2025 (continued) IS Funds {contlnued) A trdnsfer has tsken pla￿ between the (knefal fund and the In Praise Wood fund in order to coyer an Dyer5pend in previou$ HLF. To bespent on Shaftesbury Remembers the Great War proS£ct Schafarlk Le8w- fo be spent oh buildln2¥Airk5 In Pralse of Wood ExhibltJon- To be spent on In praise of wood exhlbthn Srnall Grant Big Improvement-To be spent on Ilbrary improvements Blackn)ore Vale Dairy- fo be spErt on advertising costs .Swan5Tntst. To bespentforpublkathJns Totsl lunds at 31 Marth Geywal Tangible fixed assets Heritage assets Currerrt assÈts Current liabilities 80?￿78 136,624 89952 110,653 807,878 136.624 94,639 {10,653) 4,687 Totaj net assets IA123￿1 4,687 I￿,488 Total lunds at Marth General Tangible fixed assets Heritage assets Current assets Current liabilitres 787282 132.624 111791 787,282 132A24 121,256 (L136) LIMO.026 8,465 T6ts1 net assets I￿31561 Wlthin the year ended 31 Marth 2025. one Inistee and fanily members (2024: 0) dorrated a totsl £2m) to the ¢harity {202Q" £nil).