Charity registration number.. 1170038
Dreadnought South West
Annual Report and Financial Statements
for the Year Ended 31 March 2025
WESTCOTTS
CHAR TERED ACCQVNTAI4T5
4 8usItI£SS ADVISERS

Dreadnought South Wost
Contents (continued)
Referen￿ and Administrative Details
Trustees, Repjrt
2to5
Independent Examlnefs Report
Statement of Financid Activit*es
Balance Sheet
Notes to the Financial Statements
9t015

Dreadnought South West
Reference and Administrative Dotails
Chair
L P Miller
Trustees
B A Bames (resigned 5 February 2025)
DrJ E Grove
V Mathle￿n (resigned 29 Octobw 2024)
S C2rnpbell
L Tacey
C A Skinner
L P Miller (appointed 5 February 2025)
M R Jepson (appointed 5 February 2025)
N A J Luke (appjinted 26 October 20241
Charlty Reglstration Number
1170038
Princlpal Offlce
5 Albion Pla
Exeter
Devon
Independent Examln8r
Westcotts (SW} LLP
Timbedy
South Street
Axminster
Devon
EX13 SAD
Page 1

Dreadnought South West
Trustees. Report
The trustees present the annual report together with the financial statements of the charity forthe year
ended 31 March 2025.
structurei govomance and management
Nature of governing document
Dreadnought South West is a Charitable Incorwrated Organisation with charitable status and
reglstered with the Charity Commission No. 1170038.
Recruitment and appointment of trustees
The charity is governed by a foundation constitution. New trustees, sought for required skills and
experience, are adopted by resolution at property convened meetings of the charity trustees. Officers
are elected annually at the AGM.
Oryanlsatlonal structure
Trustees at least meet every hwJ months, often more. Individuals and pairs now have speciftc roles to
share workload and ensure developir¥J kn￿edge and expertise. Operational staff liaise with
individual trustees when relevant. Attendance averages 900/0.
Summary of Purp￿9
The Object and Purpose of Dreadnought South West {hereafter DSW) is to advan￿ the education of
the public and in particular but noi exclusively, women and girls, in the role of ￿)Men in society from
both an historical and mtsjern-day k￿r$pectiVe, specifically by using the medium of the arts. DSW
provides Public Benefit Ihrough this dedication lo the education and emFX)wement of women and girls
through VKJmen's history, arts and heritage. It offers inspiration, encouragement and support for
women and girfs to leam at(Jut women's known and unknown histories. Engaging through the media
of different art forms and practices. individuals and audiences are able to feel and understand its
relevance to their live& DSW facilitates arts activities and events in a range of venues as artists,
initiators; planners" leamers,. facilitatots" enablers and promoters, demonstrating broad artistic
enterprise to offer opportunities to the wdest possible group. Dreadnought S¢)uth West provides a
Platfomi for bold, high-quality arts and heritage ￿)rk that inspires, educates, and raises awareness
through the telling of often previously unknown stories about courageous ￿t)rnen in the South West
and beyond. Through the arts DSW aims to connect women to each other and their shared and
individual histories, and experiences, With a sense of 'place' historically, g4)graphically. Sl￿la11y, and
interseclionalty.
Sumn7ary of Activitlas:
The work funded through our Naiional Lottery Heritsge Fund Dynamic Collections grant was
completed in March 2025. The grant funded DSW to boost a￿areneSS, build and increase
visibility of the Retellious Sounds Archive (RSA) and to develcp organisational ￿llenGe
through a complete rebranding exercise, V•Ebsite overhaul and uFthte.
RSA listening b￿th in residence at Exeter R￿1￿M Festival
Occupy the Airwaves (OTAI, 2025 took place on International Women's Day (March 8th}. at
Phonic FM in the Phoenix, Exeter. This was our tenth occupation of the Iccal community radio
station with 16 hours of live and pre-rewrded broadcasts.
Monthly programmes vRre broadcast on Phonic FM under the OTA banner throughout the year
including conversations about the Exe Tidelines project, the creation of DSW banners 8nd the
Reclaim Festival.
Page 2

Dreadnought South West
Trustees. Report (continued)
To mark the 10th annivetsary, we held a tea party in the green room with invibj guests. This
brought together many friends and partners of DSW for an afternoon of conneclion and
conversation. We are very grateful to the disbanded Exeter Women's Equality Party who
donated funds remainirg after their closure. The funds were used to pay for some excellent
refreshments.
The 'Green ROOMI￿shOp ran as a drop in space throughout the day w7th all VL)men and girls
welcome to come along for conversation and connection. Molly Rooke of Dam Gert￿ Studio
provided infom1ati￿ and advi￿ on mending clothes.
DSW receival a grant for East Devcn Arts and Culture Team for the Women and the Sea
project. We worked with 25 women who live by the sea in East Devcfi to Explore their
relationship to it, bringing about a range of stories from an intergeneration81 group of vKmen
wlth the youngest in her fMEnties and the eldest in her 80s. 15 women received training in audio
recording and editing. Their voices ￿Ere edited to create a 60-minute programme broadcast
during Occupy the Airwaves There Wds a listen party at Sideshore in Exmouth, after ￿lch
participants travelled to Exeter to join the aftemoon tea party in the green room.
Anne Barnes stepped d¢Jwn as ehair and trustee in February 2025 after 7 years. She has made
a major contribution to Dreadnought South West, a strong supporter of our directors and a
leading craftivist. Her years of work in this important volunteer role bvere warmly acknovAedged
by both the trustees and directors.
Laurel Miller agreed lo take on the role of DSW chair and was elected in the Februay 2025
t￿SteeS meeting. 2 new trustees joined this year.
This year we also said a huge thank you to Von Mathieson ￿0 stepped down as trustee in
October 2024. Von was the lead trustee for finance and made a major contribution to the
organisation in that role_
Grant re￿1v￿ from Exeter City Council for radio production includirKJ a programme about the
Book Bag, IndeFendent Book Shop and the ￿r￿men who Set up the Exeter Women's Equality
party folloWr￿ its closure.
Grant received from D'oyly Carte for a song project to create a new community choir of women
from Devon, to lèarn new songs celebrating ￿Men,8 lives in a 8UPF￿1Ve emFth%ering
environment.
Statoment re Public Bonefft
We confimi due attention has IRen given to the Charity Commission's guidan￿ on publlc beneflt
Achtevements and perfomiance
There are now 72 Stories in the RSA.
New branding for RSA was launched in September 2024.
3 new trustees ￿Elcomed to the board including a new chair, includiThJ younger women.
25 women participated in the Women and the Sea project in East Devon. 15 of Ihem receive
training in digital recording and editing. Coming together as a group for this project increased
the wellbeing of the participants who had not previously met They reported increased
Confiden￿ and connection., shared experien￿s, COn￿rnS and learning ￿1¢h lifted their mDOd,
nourished their mentsl health and gave them a voice.
70+ women came together in the greenroom at Exts Phoenix to mark Intemational Women's
Day and to celebrate the tenth anniversary of Occupy the Airvrav
Page 3

Dreadnought South West
Trustees. Report (continued)
In Novembw 2024, the Rebellious Sounds ArchNe was in residence at The Barnfiekl Theatre
Exeter for the Reclaim Festival seen by 200 people. A festival of the8tre by Kvmen and for
women. DSW CTrDirectors spjke at 2 events discussing cultura leadership - audiertce of 15
and produ¢ing new plays WTitten by ￿￿Men for 10 women in collaboration with Theatre West
Increased the diversity and wdened the pool of freelancers we work becoming more
intersectional as an organisation.
Doubled the numbèr of RSA stories collecting from thDmen of colaur.
Plans for the future
New chair and trustees to settle into role
ReGruitment of new finan￿ lead trustee
Implementing DSWS 10-year st￿egy, p18nning for actlvities in the run up to and during the
centenary of all vKJmen getting the vote in 1928
Flnancial Revlew
DSW closèj the ￿rIOd V*ith £1,691 (2024.. £3,440) of unrestricted funds and £9,201 (2024- £1,558) of
restricted funds.
Totsl income from grants. donations and other charities was £67,838 {2024.' £72,808). Expenditure on
charitable activities over the Feriod £61,944 (2024.. £75,125). There Wds therefore an overall
surplus this year.
R￿erveS Pollcy
The trustees of DSW recognise that, although the charity has no employees or premises, and
therefore does not hold legal liabilities in respect of these, it is still incumbent upon the Board to
ensure that in the event of the charity haviThJ to close, there are sufficient funds to manage this. At the
financial year end, total reserves stood at £10.892 (2024.. £4,998).
Page 4

Dreadnought South West
Trustees. Report (continued)
Statement of Tru8te6s' Re8ponslbllltrs
The trustees are resFonstble for preparing the trustees, report and the financial statements in
accordance with the United Kingdom Accounting Standards (United lfj'ngdom Generally Accepted
Amnting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial
year ￿leh gwe a true and fair view of the stale of affairs of the charity and of the incoming resources
and application of resources of the charity for that peri(JJ. In preparing these financia statements, the
trustees are required to..
select suitable accounting wlicies and then apply them cons£stentI￿.
obSe￿e the methTrJs and principles in the Charities SORP;
make judgements and e*lmates that are reasonable and prudent"
slate thether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements., and
prepare the financial stalements on the going concern basis unless it is inappropriate to presume
that the charity will Continue in business.
The trustees are resF)onsible for keeping proper accounting records that disclose wth reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply 4Mth the Charities Act 2011. the Charities (Accourts and Reports) Regulations
2008, and the provisions of the constitution. The trustees are also reswnsible for safeguarding the
assets of the charity and hence for taking reasonable steps f(￿ the prevention and detection of fraud
and other irregularitie&
The trustees are responsible for the Maintenan￿ and integrity of the cortK)rate and financial
inform*on included on the charitable company's website. Legislation govemirg the preparation and
dissemination of financial ststements may differ from legistation in other jurisdictions.
The annual report was approved by the trustees of the charity on
behalf by..
and signed on its
L P Miller
Chair and trustee
Page 5

Dreadnought South West
Independent Examlnerfs Report to the trustses of Dreadnought South West
I report to the trustees on my examination of the accounts of Dreadnought South West for the year
erKled 31 March 2025.
Respon8ibilltie8 and basis of report
As the charity trustees of Dreadr￿Ught South West you are ￿sponsible for the preparation of the
accounts in a￿ordance wrth the requirements of the Charities Act 2011 ('the Act.).
I report in respect of my examination of the ￿eadn0Ught South Wesvs accoLrnts carried out under
section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable
Directions given by the Charity Commissitjn under section 145{5){b) of the Act.
Independent examlnerfs Statement
I have completed my examinaticn. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material resp*t.'
l. accounting records were not kept in respect of Dreadnought South West as required by section
130 of the Act., or
2. the accounts do not aGcord ￿th th0￿ records. or
3. the accounts do not comply the accounting requirements concerning the fonm and content of
accounts set out in the Charities {Ac¢ounts and Reportsl Regulations 2008 other than any
requirement that the accounts give a 'true and fair view which is not a matter considered as part
of an independent examination.
I have no concems and have come across no other matters in connection wtth the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
cwnts to be reached.
Robyn Gifford-England ACA
Weslcotls ISW) LLP
Tirnbedy
South Stret
Axminster
EX13 SAD
Date..Iq loi Iz£
Page 6

Dreadnought South West
Statement of Financial Activities for the Year Ended 31 March 2025
Unrestrfcted
funds
Restrfcted
funds
Total
2025
Total
2024
Note
Income and Endowmonts from:
Donations and legacies
Toisl income
67,832
67,838
72.808
67,832
67,838
72,808
Expanditure on:
Charitable activities
60,189
75.125
Tolal expenditure
60.189
61,944
Net {expenditureVincome
5,894
2,317
Net movement in funds
11,749)
7.643
5,894
(2,3171
Reconcillatlon of fund8
Total funds brought forw?rd
1,558
4,998
7,215
Total funds carried fowdrd 12
1.691
9,201
All of the charitys activities derive from continuing operations during the ats)ve ￿ periods.
The funds breakd¢)Mfft for2024 is shown in note 12.
The notes cn pages 9 to 15 fom an integral part of these finanGid statements.
Page 7

Dreadnought South West
(Registration numbar: 1170038)
Balance Sheet as at 31 March 2025
2025
2024
Note
Flxgd assets
Tangible assets
Current as80ts
Sthks
Cash at bank and in hand
601
901
10
329
11.156
4,632
11,485
4,961
Creditor8: Amounts falllng due wlthln one year
Net current a880ts
11
10,291
4,097
4,998
Funds of the charity:
Restricted Income funds
Restricted funds
9.201
1,558
Unrestrlcted income funds
Unrestricted funds
1,691
10,892
3,440
Total funds
12
4.998
nci
I statements on pages 7 to 15 we approved by the trustees, and authorised for issue on
an(1 signed on their behalf by..
L P Miller
Chair and trustee
The notes ¢)n pages 9 to 15 fom) an integral part of these financial statements.
Page 8

Dreadnought South West
Nots8 to the Financial Statsments for the Year Ended 31 March 2025
1 Accounting pollci88
Statement of compllance
The financia statements have been prepared in accordance with the second edition of the Charities
Statement of Recommended PractiQ issu&Y in October 2019, the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland {FRS 102) ￿ the Charities Act 2011.
Ba8is of preparation
Dreadnought South West meets the definition of a public benefit entity under FRS 102. The accounts
(financial statements) have been prepared under the histortcal cost convention with items recognised
at cost or transaction value unless otherwse stated in the relevant note8 to the* accounts.
Going concèrn
The trustees consider that there are no materiai uncertainties about the charity's ability to continue as
going COn￿M.
Income and endowments
Voluntary income including donations, gifts, leg&ies arKI grants that provide core funding or are of a
general nature is recognised then the charity has entitlement to the income, it is probable that the
income will be re￿1v￿a and the amount can be measured sufficiwrt reliability.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any condltions linked to
the grants have been met Where perfOrrnan￿ conditions are attached to the grant and are yet to be
mel the income is recognised as a liability and included on the balano sheet as deferred income to
be ￿leased.
Gift ald
Incoming resources from tax ￿laImS are included in the Statement of Financial Activities at the same
time as the gift to which they relate.
Expendlturè
All expenditure is recognised once there is a legal or constructive obligaticn to that expenditure, it is
prob8ble settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that rAtegory. Where costs cannot
te directly attributed to particular headings they have LEen allocated on a basis consistent wth the
use of resources, wrth ￿ntral staff costs allocated on the basis of lime spent. and dep￿latIOn
charges allocated on the portion of the asset's u*. Other support costs are all￿ated based on the
spread of staff costs.
Charftable activitlas
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and seN1￿$ for ils beneficiaries. It includes both costs that can be allocated diredy to such *ivities
and those costs of an indir&t nature necessary to support them.
Page 9

Droadnought South West
Notes to the Financial Statements for the Year Ended 31 March 2025
Icontinued)
Governanco costs
These include the costs attributable to the charity's Complian￿ with constitutional and statutory
requirements. including audit, strategic management and trustees meetings and reimbursed
expenses.
Taxallon
The Gharity is considered to pass the tssts set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt frcm taxati¢)n in respect of income or capital gains
receiv&J ￿thin categories cover8J by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such in¢ome or gains are
applied exclusively to charitable purposes.
Tanglble fixed assets
Individual fixed assets costing £100.00 or more are initially recorded at cost.
Deproclation and amortisatlon
Der)reciation is provided on tangible fixed assets so as to write off cost or valuatic*J. less any
estimated residual valL4 over their expecte￿ useful econornic lrfe as follo￿￿.
Asset class
Fixtures and fittings
Depreciation method and rate
25% straight line
Stock
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after
due regard for obsolete slow moving str￿kS.
Cash and cash equlvalents
Cash and cash equivalents comprise cash on and call deposits. and other short-tem) highly
liquid investments that are readily convertibie to a kn￿ amount ot cash and are subject to an
insignificant risk of change in value.
Fund structu
Unrestricted income funds are general funds that are available for use at the trust*s discreti(￿ in
furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of bthich is restricted to that area or purpose.
PaJe 10

Dreadnought South West
Notes to the Financial Statements for the Year Ended 31 March 2025
(continued)
Financial Instruments
Recognitlon and measurement
A financial asset of a financi21 liability is recognised only ￿en the entity becomes a party io the
contractual provistons of the instrument.
Basic financiaj instruments are initially recognised at the amount re￿1vable or payable including any
related transaction costs, unless the arrangèment constitLrtes a financing transaction, where it is
recognised at the present value of the fututE payments discounted at a market rate of interest for a
similar debt instrument
Current assets and curr&rt liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
2 Income from donations and legael89
Unrostrf¢tod
fund8
Ganeral
Restricted
funds
Total
2025
Total
2024
Grants
other income from donations
and legacies
67,832
67,832
72,808
67.832
67,838
3 Expenditure on charftable actlvities
Unrestricted
General
Restricted
funds
Total
2025
Total
2024
Charitable Activlties
Support costs
Governan￿ costs
318
1,439
60,173
16
60,489
1,455
74,202
473
450
1.755
60,189
61,944
Page11

Dreadnought South West
Notes to the Financial Statements for the Year Ended 31 March 2025
(continued)
4 Analysls of governance and support ¢08ts
Support costs allocated to charltablg activities
Other
Support
costs
Govornance
Total
funds
Charitable activty
Total for 2024
971
450
473
923
Govemance costs
Restricted
funds
Total
funds
Total for 2025
Tolal for 2024
450
450
5 Net Incomlngloutgolng resources
Net incomingl{outgoingl resour￿5 for the year include..
2025
Depreciation ot tixed assets
300
333
6 Tru8tses reMUneratiC￿ and expenses
No trustees, nor any persons connected wth them. have recaved remuneration from the charity
during the year.
No trustees have re￿iVed ￿Y reimbursed eX￿en￿ or any other benefits from the charity during the
year.
7 Staff costs
The monthly average numter of persons (including *nior management I leadership team) employed
by the charity during the year expressed as full time equivalents vrds as follows..
2025
No
2024
No
Average head count of employees during the year
Page 12

Draadnought South West
Notes to the Financial Statements for the Year Ended 31 March 2025
(continued)
No employee receivgj emoluments of more than £60,000 during the year (2024.. Nil).
8 Independent examlneV8 remuneratlon
2024
Ex￿jnati¢jn of the financiaf ststements
450
9 Tanglble flxed assets
Furniture
and
equlpment
Total
Cost
At 1 Apr(12024
At 31 March 2025
9,422
9,422
9,422
Depreclation
At 1 April 2024
Charge for the year
At 31 March 2025
8,521
300
8,521
300
8,821
8,821
Net book value
At 31 March 2025
601
601
At 31 March 2024
901
10 Stock
2025
2024
Raw materials
329
329
11 Crodltors: amounts falllng due withln oneyear
2025
2024
Accruals
1,194
Page 13

Dreadnought South West
Notes to the Financial Ststements for tha Yaar Ended 31 March 2025
(continued)
12 Funds
Balance at
31 March
2025
Balance at 1
April 2024
Incomlng
resource8
Resources
expended
Unrestrlcted funds
General
General Funds
3,440
(1,755)
1,691
Restrtcted fvnds
Occupy The Aip4vaves
The National Lottery Heritage
Fund (RSA)
D'oyly Carte
1,108
4,950
{2,111)
3,947
450
59,882
3,000
(58,0781
2,254
3,000
9.201
1.558
67.832
60,189
Total funds
4,998
61,944
10,892
Balanco at
1 Aprll
Incoming R#ources
2023 resource8
expended
Balance at
31 March
2024
Transfers
Unrestricted funds
Genwal
General Funds
3,764
{333)
3,440
Restricted funds
Occupy The Aitwaves
The National Lottery
Heritage Fund (RSA)
Mothers on Air
3,051
10,700
{12,643)
1,108
62,108
(62.149)
491
5CQ
450
500
3,551
Total funds
7,315
75,125
4,998
Restricted funds and how they have been us&J are described within the annual Trustees report.
Page 14

Dreadnought South West
Notes to the Financial Statements for the Year Ended 31 March 2025
(continued)
13 Analysis of not aso9ts between fund8
Unrestrlcled
fund8
General
Total funds
Restricted at 31 March
funds
2025
Tangible fix&1 assets
Current assets
Current liabilities
601
2,284
601
11,485
9,201
Tota net assets
1,691
9,201
10.892
Totsl funds
at 31 March
2024
funds
General
Restricted
fund8
Tangible tixed assets
Current assets
CUr￿nt liabilits'es
901
3,403
901
1,558
Total net assets
3,440
1,558
4,998
14 Rolatod party trdnsaetions
There vEre no related party transactions in the year (2024.. none).
Page 15