The Dorneywood Tiust Charity Registration No: 1181660 CIO No.. 016267 Accounts for the year ended 31st December 2025 Wenn Townsend Chartered Accountan15 Oxford
Th* Domeywood Tiust Referen¢¢ and AdministratNe Inforniation NKola Andrews Viscount Chandos Lord Udnyli5ter Kt PC Jeremy Mcllroy Ingrid Samuel Juliet Souter Secretsry: Sue Saville Reglstsred Charlty No: 1181660 Reglstered Offl¢e: Dorneyw(>yJ 8urnham Buckinghamshire SL18PY Auditors: Wenn Townser Chartered Accountants 30 Sl Gites Oxlord OX13LE Bankers: Lbyds Bank PLC POBox1000 Andover BX1 1LT Investment Managern: Cazenove 12 Moorgale London EC2R 6DA
The Domeywood Trust TNstees' report on the accounts for the year ended 31st December 2025 The Trustees present their rewt and the audit financial stslements of the Charity for the year erKled 31st December 2025. The Trustees have adopted the provisions of the Statement of Recommended PraCte ISORPI 'Accounling and Reporting by Chari(ies' IFRS 102} preparing the annual report and financial ststements ofthe Charity. Objective5 and activtties forthe public benefit The prime purpose of the Trust is that of maintaining and improvin9 the property and e5tale at Dome00d. The Trustees welcomed 209 members of the publK during the Garden onty opening and 572 to the House & Garden opening during the yeat. Trustees weie particularty heartened that many young people continued to benefit so much from u51ng the Scout Campsite. to the northern end of the Estste. Activities The Tnjstees cary out the Trust's objectwes by employing a small team of staff, professional advisers and contractors, reviewing theirwork al reguL2r interva15. The Trust a150 benefts from the support of a group of loyal volunteers. The D¢rneywood Trust's actNities are overseen by the Secretary. As 8 re$uEt of careful management of resouT¢es over many years, the Trustees have accumuFale(I capital to generate a lolal ietUTn on their investments towards meeting expenditure requirements over time. Apart from the routine cost of maintaining the House, contents. outbuildings, Garden and wider Estate. the Trustees cary otrt, when necessary, major WOTks lo maintain the whole propety to an approprrale standard. Public benefit statement The Trustees have complied wf(h their duty lo have due regard to the guidance on publlc benefit published by the Charty Commission in exercising their powers and duties. Fundraising standards infomiation The Charity does not carry out significant public fundraislng activities. Achievements and performance The Tr4Jslees underttr)k a Quinquenni81 SuNey lQQ} during 2021 whth confimied "the overall conditson of Dorneywood House and the historic estate buildings is coming up. and despf(e the exceplionalty difficutt circumstances of the 18St 18 months of pandemic, much good work has been achieved.. Wt)rk Continued in 2025 to address any oulstsnding priorities from the 2021 Survey. A further QQ will be undertaken in May 2026. A small band of dedicated Garden volunteer5 SUPPOrted the Trust throughout Ihe year. The Trust was 8tso supported by a committed group of volunteer Room Guides in opening tho Housg lo the public daity during two weeks in June and JLEIY. Financial review During the year under revivu the Trust's funds increased by £824k, of whKh £943k wa$ du¢ lo an increasg in investment values. There wa5 an operating surplus of £21k before investment in major projects of £111k. The perfomanee of the investment portfolio is measured against varsous benchmarks including the FTSE AII Share Index and the Brit. Gov Al Stocks Index. with an objective of maximising total return ak)ngside reasonable level ol income over a ksnger-lemi time horizon. During this year the investrnent funds have been fairly resilient given conditions, and the de¢rease in portfolio value broadty in line wlh the benchmarks. Reserves policy The Charty carries out a Tange of maintenance and improvement activf(ies, some of whieh require SIqnl¢onI financial commitment and investment. Investment in the House and Estate in the past ten years has en$ured that the Pioperty is now in good condition overall. The emphasis is on carefully planned maintenance reducing the incidence of unforeseen emergency repairs. Trustees want to ensure that this is sustained in the longer tem by making 8dequale prov¢sion to meet the ongoing maintenance reqLtirements of this important property. The Trustees have examined the requirements for free reseryos, i.e. those unroslricted funds not invested in tangible fixed assets, designated for specffic purposes or olhefwise committed. The Trustees, policy is lo operate on the basis of being able to continue tr> generate sufficient incoming resources to use towards meeting its charitable objects and to accord wf(h its principal aims.
The Dorneywood Trust Trustees. report on the a¢¢ounts for the year ended 31st D¢¢ember 2025 {contlnued) Re$eNes pollcy {¢ontlnued) The balance sheet shows unre51ricted reserves of £11,833k12024- £11,009k). £193k {2024.. £284kl of this is deemed freely available. The designated Capital fund balance is represented entirely by tsngible fixed assets and investments. Investments wrth a value of £11,607k {2024.' £10,692k) are helLf at 31st December 2025 in order to generate sufficient resources for carrying out the future objects of the Charty- Investrnent policy and perforniance The inve5trnen15 are acquired in accordance wlh rThers available lo the Tfustees. The investment strategy is Sel by the Trustees and lakes into account income requirements, the risk profile and the investment manager's view of the mathel prospects in the medium term. The overall investment pcAiey is to maximise relum, aiming lo provide the level of Tesources advised by the Trustees whilst at the Same lime, aiming to ensure that capital appreciation of the fund exceeds inftatKsn over any fivg-year perKKI. The Trustees have held discussKJns with their managers regarding suslainabilty and a pleased to note they are signed up lo the United NatKJns Principles for Responsib Investing. The Trustees meet formally with the investment managers twice a year lo review the perfomance of the portfolio and the investment managers. The investment managers report four times a year lo the Trustees. The TrLt5tees are satisfied thal the aims of their investment policy are being achieved. In addrtion. the Trustees have moved part of the portfolio into the Responsible Mulli-Assel Fund, the aim of which is lo have a positive impact on people and the plangl by aVdIng hami through ESG integration and exclusions. Risk Management The Trustees have assessed the major risks to which the Charty is exposed, in partiCLtlar those relating to the specific operational areas of Ihe Charity, its investments and ils finances. The Trustees bolieve that by monitoring reservo levels, by ensuring controls exist over key financial systems. and by examining the operational risks faced by the Charity. they have established effeclsve systems lo mitigate those risks. The Trust applies best pra¢lice in 811 aspects of property and estsle management al DOrneOod. Plans forluture periods The Trustees will continue to maintain the property and estate of Doyneyw. In line wlh its Charitable purposes. structure. Governance and Management The Domeywood Thomson Endowment Trust Fund'B' was an expendable endowment fund established on 23rd June 1944 and governed by a Settlement of that dale. The relatsonship befven the role of the National Trust and that of The Dorneywood TrLtst was consKlered and defined by Mr Justti Vaisey in the Chancery DivisKJn of the High Court of Justice on 17th DKember 1954. The Fund was transferred lo The Domeywwj Tnjst, a Chantable Incorporated Organisation ICIOI, and its activrties have been conducted through this vehrcle since 1st May 2019. Key management personnel remuneration The Board of Trustees and the Seeretsry are the key management personnel of the Charity in Charge of directs'ng. controlling and operating the Charity on a day-lTrday basis. All Trustees give their time freety and no Trustee remuneration was paid in the year. Details of Trustee expenses and related party transactions are disclosed in note 8 to the aecounts. The salaries of the Seerelary and all other members of staff are revtewed annty.
The Dorneywood Trust Trustees, report on the accounts for the year ended 31st Decgmber 2025 {contlnued} Trustees Under the Con$litulK)n of the CIO, approved by the Charty C¢xnmissK)n on 21st January 2019. the body of the Trustees shall consist of up to four appointed compgtenl persons. Two lurthef Tntstees are nominated by the Prime Minister. one being a person holding Cabinet or Ministerial rank while th81 Ferson holds the same office as when appointed. The Council of the National Trust appoints one further Trustee. Excepl for the nominated Minister. Trustees are all appointed for a pe0d of fwe years. renewable thereafter for a further period of fve yeaTS, subject lo the agrfjemenl of all the Tru51ees. The Trustees in office during the year, and $in¢e the year end, were as follows.. Parliamentsry nominations- Lord Udnylister Kt PC IPointed chaimwn from 2181 March 2025) V15counl Chandos lappoinled 21si March 2025} National Trust Truslee.. Ingrid Samuel Appointed Trustees: Lord Hollick {chairman. resigned 21st March 20251 Nicola Andrew5 Jeremy Mcllroy Juliet soer Statement of Trustees. responsibllltles The Trustees are responsible for preparing the Trustees, Annual Report and the Financial Statements in accordance wf(h applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting Praeticel. The law applieabFe lo chaiilies In England & Wales requires the Trustees to prepare financial $18lements for each financial year. which give a true and fair view of the slate of affairs of the Charity and of the incoming resources and application of resources of the Charty for that year. In preparing these financial stalemenls. the Trustees are required to.. Select suitable accounting policies and then apply them eonsistenlty-, obSee the methods and principles in the Charities SORP 2019 IFRS 102)., Make judgements and estimates that are reasonable and prudent.. stste whether applicable accounting stsndards have been followed. subject lo any materfal departures disclosed and explained in the financial statements", Prepare the finan¢ial stalem¢nls on Ihe going concern basis unless st is inapproprhqte lo presume that the Charity will continue in operation. Thg Trustees are responsible for keeping proper accounting records that disclose with reasonable ac£uraey at any time the financial position of the Charity and enable them to ensure that the financial statements comply with tho Charities Act 2011, the Charity {k¢ounts Reports} Regulations 2008 and the provisions of the Trust deed. They are also responsible for saleguarding the assets of the Charity and hence for taking reasonable $lep5 for the prevention and detection of frautj and other irreguFar¢ties. This report was approved by the Tiustees on 20th March 2026. Slgned on behalf of the Trusteos Lord Udnyilster Kt PC
The Domeywood Trust Indeptndent Auditorf$ Report to the Trustees of The Oorneywood Tiust Oplnlort We have audited the financias statm8nts of The Domeywood Trust {Ihè 'Charity'l for the year ended 31st December 2025, which eomprise Statsmenl of Finanual Actiwties, the Balance Sheet, the Statgm8nt of Cash Flows and notes to the financial statements. incl(ding a summary Of significant accounting pol$. Thè finanryal reporbro framework that has been applied in their pmparation r6 applFcable law and United lQngdom Accountiro Standards, indn9 Financlal Rtportlng Standard 102 The Financial Repoitng StBnd8nl applicable in the UK and Republic ofireland Iunitsd Kin9dorn Generally Accepted Accounting Prach"c81. In our opinion the financial statemonts.. give a true and fair view of the state of the Charity's affairs as at 31st Deetrnber 2025. 8nd ol its inccming resources and application of resources, induding ils income and expenditure, for the year then ended., hav& ba•n propèrly prepared in accordan with Unitad Ilngdom Generally Accepted AcLwnting Pc8th"ee', and have been prepar8d in accordan with the fequlrgm&nts ofthe Charities Act 2011. Basi$ for opinion We COndd our audit in accordan wth Internth'onal Standards on Auditing IUKI IISAS IUKII and applicabkg law. Our re5ponsikn'lities under those standards ai8 furthér d8scrib8d in the Auditors fesponsibilities for the audit of the financial statements sectron of our report. We are independent of the Charity in aCctsrdan with the ethical requirements that ar6 rolevant to OUT audTrt of the financial statements In the UK. induding the FRC'S Ethical StsndaTd, and wt have fvlfilkd our olher ethical responsibilities in accordance with thssa raquirements. believe that audit èvldenee have obtsined is sufficient and appropriate to PTovvJe a basis for our opinion. Con¢lu$lon$ rglafjng to goln9 ¢on¢em In audrting the financial statements, w8 have cCluded thatthe Tiustees. usè of thè goir@ concern basi5 of accounting in the prep8r"on of thè financial statements is appropriate. Based on the work we have performed, we have not identified any material nrtainti8$ relating to 8vents or TryIOn$ that, indimdualty or collectively, may cast sBJnific8nt doubt on the Charity's ability to continue as a going canrn lor a pariod ol at lea5ttsvelve mmths fr(¥n when the financial statements aro suthorised for issue. Our spOnsibl1"eS and the responsibil$ of tho TNstees with respect to golng eoneèm are described in the relevant s#th"ons olthis raport Other Infomiatlon The other infomation compri5e5 the inforrnatioTr included in the Tnjstees Annual Rsport, other than the financial 5tatement5 and ¢)ur auditor's report thereon. The Trustees are responsible for the ¢ther infomi8lion contained wthin the Annual ReporL Our opinion on thè finanaal 5taternents doe3 not cover the other infomiation and, exeept to the extent othewise expliatly stated in our report. we do not express any fomi of assurancè conclusion thei80n. Our respcwtt)ility is to read thè other Information and, in d¢tng 80. consider whether the other lnfomiats.on bs materialty inconsistent with the financial statemènts or our knowledgg obtained in the course ol the audit or othetwise appears to be materially misstated. If we identify such makrial inconsistencies or apparefit rnatenal Mi5Statents, we are required to delerniine whether this give5 rise to a material misstatemènt in the financial ststements themsdves. 11, based on the work we have perf0Md, we condudè that thare i5 a rnat8rial mi5ststement ol th¢s other infomiabon. we are raqktiied to report that fact. We h8ve nothing to report #7 this Matters on whl¢h wo are r¢qulrgd to r•port by •x¢•ptlon We have nothing to report in Spect ol the fofivwiny matt8r5 in relaticn to which the Chartties (Accounts aThJ Reports) Regulatt"ons 2008 u+re us to report tt) you il. in our opinion. infumation gwen in the fiwaal statemerts is WKonsi$tentin y material r85FÉrtwitt>ts TFu*Res' Iqrt" or Chanty has not kept8dequate anting reoyds., or finarviaf 5tatgmeni¥ are not inagreementbmth the aCCjnI"tTrJ Tecords and retums,. or e have nck all the infomiation arvj ewanatiorts * Itquirè fo-ouraud
The Domeywood Trust Independent Auditorf$ Roport to the Trustees of The Dorneywood Trust Re$pon3lblll¢l¢$ of Trust$ As explained more fulty in the Trustees. Responsibilityes Statement set out on page 4. the Trustees are responsible for the preparaty'on ol financial statements which give a tru6 and fair wew. and for such intemal control as tre Trustees determine is necessary to enab Ihe preparation of finan¢ial $tstements that a free from matèTr81 misstatwn•nl. whether due to fraud or error. In preparing the financial statèmènts. Trustee5 are responsible for assessing the Charity's obilty lo ¢mlirEuè 88 a going concern, disc105ing. as applicable, matters rsfatod to going conrn and usiTrJ the going concem basis ol aco)untiry unless the Trustees either intend to liquidate the Charity or to cease operations, or have no realisbc alternative but to do so. Audltorfs re8pon81bllltles for the audlt of tht financial $tstements We have been appointed as auditor under section 144 of the Chaiities Act 2011 and report ln accordan wlth r8gulatirms made under section 154 of that Act. Our objocbves a to obtain reasonabl¢ assurance about whether the financlal statem6nts ag a wholè are tree fr¢m rnat8rial mi5Statemen( whether due to fraud or error, an¢J to issue an auditorfs report that indudes our opinion. Reasonable assurance is a high level of assurance, but 15 not a g(tarantee that an audit conducted in accordance Mth ISAS IUKI wll aAyS d6tect a mst8rial rnisstalemenl when il exists. Misstatements can arise from fiaud or erioi aTKI 8rg considèred rnaterial if, individualty or the aggregate. they coukl reasonably be expected to Influen the economic decisions ol users taken on the basis of these ffirtaneial staternents. IrregulaTits"e5, including fraud. are Instsn$ of non4ompliance with law5 and regulation5. We design pr(RdureS in line w¢th our responsibilities, outlined above. to detect matsrial rnisstslernents in Tespect of Irregulanties, including fraud. The specific prOdureS for V)is engagsmant and th8 extent tg whith these are capabl8 of detecting Irregular.¢9, indudiNJ fraud is detailed bel¢)W". Enquiry of management, those charged wlh governar and the entity s soliators around actual and potential lib"gth"on arKI claims,. Enquiry of entity 51aff in tax and Complian fijnctions to identify any instancè$ of rrf)n-¢ompJian¢e with laws and re9ulations', Rev¢ewing minutes of meeting5 of Ihose charged with governan.. Rewèwing fin¥n¢ial staternent disclosu$ and testing to supportlng documentstion to assé&8 cornlance wth applicable18w5 and regulat'on$', Perfom)ing audit work over the sK of m8nagem6nt override of ¢ontrds. including test4ng of joumal entries and other adjustsllents lor appropriateness, evaluating the bu5ine$5 rationale ol sunificant transactions outside tho normal course of busin8ss and revWing accountsng estimates for brds. Because of the inherent limitations of an audiL there is a risk that we will not detect all irregularth"es, including th¢YJe ading to a Thaterial misstatement in the financial statements or non-compliance wth regulation. This risk incieases the more that Cornplian wth a law or regulation Is removed from the trvents and tran5a¢bons reflected in the financAal statements, as we will be I&s5 likely tg becomo aware of instances of non4omplwn. The risk is also 9&ter règarding irre9ularskn.es ¢xcurriFvJ due to traud rather th8n eN¢x, as fraud involves intentional conceaknent, forry. collusion, omission or misrepreaentstion. Use of our report This report 13 m8de solely to the Charty's Trustees, as a body. in accordan Part 4 of the Charltss (Awjnts aThY Reports) Regulations 2008. Our audit w(Kk has bèen un¢Jert8k8n so lh* we might stsle to the Charity's TrteeS those matters we a wuired to statè to them in an auditorfs report and for no other purpose. To the fvllest extent rMitted by law. we do not accept or assurne responsibility to anyone other than the Charity and the Charity's Trustees 8s a body, for our audit work, for this report, or the opinions wo have lomiad. fv_fwJa Wenn Townsend. Statutory Audltor Oxford 201h March 2026 Wenn Townsend is elwible to 8cI as an auditorin Ipnns of sectn 1212 of the Compan$ Act 2006.
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The Domeywood Trust Balance sheet At 31st December 2025 Note 2025 2024 Fixed assets Investments Tangible assets 11,606,854 33,000 10,692,375 33,000 10 11,639,854 10,72S.375 Current assets Stk Debtors Cash al bank and in hand Cash with investment manager 763 299 58.995 28,645 260.720 11 21,244 194,868 251,261 348,659 Creditors Amounts falling due wi(hin one year 12 158,0491 164,9661 Net current assets 193,212 283,693 Net assets £11.833,066 £11,009,C68 Funds- General lunds Designated capital fund 193,212 11,639,854 283.693 10,725.375 Total funds 13 £11,833,066 £11.009,068 These accounts were approved by the Trustees 20th March 2026. Signed on behalf of the Trustees Nicola Andrews The notes on page$ 10 to 16 fomi part of these accounts
The Dorneywood Trust ststement of Cash Flows forthe year ended 31st December 2025 Reconclllation of net Income to net cash flow from opeTatlng activltle$ 2025 2024 Net incomellexpendilure) for year Investment income IGainsMosses on investments Ilncrease}Ideerease in deblorslstoeks Increasel{decrease) in creditors 823,998 1388,891} {942,8041 24.145 {6.9171 443.486 1432,556) 1441,3821 {36,1981 4.503 Net cash flow from operatlng activltles 1490,469) 1462,1471 Cash flow from Investlng actlvltles Payrnents to acquire investments Receipts from sales of investments Investment income feceived 11.706,374) 1,640,664 388,891 1965.342) 985,754 432,556 Net cash flow from flnanclng actlvitles 323,181 452,968 Net 1ncr0asel{drl In cash and cash equlvalents {167,2881 {9,1791 Cash and ca$h equlvalgnts at 1st January 2025 £ 507,788 516,967 Cash and cash equivalents at 31st December 2025 £ 340,5 £ 507,788 Cash and cash equivalents consist of.. Cash at bank and in hand Cash held by investment managers in total 21.244 319.256 28,645 479,143 Cash and cash equivalents at 31st December 202S £ 340,$00 £ 507.788
Thè Domeywood Trust Not9$ to the accounts for the year gndod 31st December 2025 Accounting policies a) B•sl$ of preparatlon The Dorneywo¢xl Trust is a charitable incorporated organi5ation in England and Wales. The address of the registered office is given in the Charity information on page 1 of the$e financial slalemenls. The nature of the Charty's operations ar5d principal activities are included in the Trustees. Report. The Charity conslilules a public benefit enthy as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Slalemenl of Recommended PraclKe applicable to charities preparing their a¢unt$ in accordance with the Financial Reporting Standard apPIable in the UK and Republic of Ireland (FRS 102} Issld in October 2019, the Financ1 Reporting Standard appIable in the United Ktn9dom and RepublK of Ireland IFRS 1021. the Charities Ad 2011 and UK Generalty Accepted Accounting Practice. The financial statements are prepared on a going concem basis under the historical cost convention, modfvd to include certain r(ems al fair value. The financial statements are presented in 51erling whKh is the functK)nal currency of the Charity. The significant accounting poIleS applied in the preparation of these financial ststements are sel out below. These policies have en ¢onsi51entty applied to all years presented unless othe% slated. bl Funds Unrestricted ftjnds are available for use al the dItIon of the Trustees in furtherance of the general objectives of the ChaFty and whh have not been designated for other purposes. This will include fulfilling the ba¢kbg repair prryJramme. The designated Capital fund ¢ompTises unrestricted funds that have been set aside by th¢ Trustees as the Capital fvnd needed to generate future income for th¢ aims of the Charty. ) Income recognition All Incoming resources are included in the Statement ol Financial ActAirties {SoFAI when the Charty is legalty enti(led lo the income after any perfornian conditions have been met. the amount can be measured rdiabty and il probable that the income will be receThred. dl Resources expended All expenditure is accounted for on an attTuals basis and ha5 been elassrfied under headings that aggregate 811 eosts related to the category. ExpendrtUTe is re¢ognised where there ts a legal or constru¢tNe oblyation lo make payments to third parties. il is probable that the settlement wlll be required and the amount of the obligation can be measured reliably. li is categorised under the fomowing headings.. The costs of raising funds include the fees paid to investment managers in connection wrth the management of the Charty's listed investments and event running costs. The costs of aclNrties in furtherance of the Charity's ¢)bjects ccmpri8e expenditure on the Charity's primry charitable pUoseS as described in the Trustees. report. SLKh costs include". Salaries and wages for the Trusys empbyees Garden maintenance Caterers Council lax and insurance Travelling and motor expenses -10-
The Domeywood Tn Notes to th• accounts (continugdl for the ygar ended 31st Decernbgr 2025 A¢¢ounting policies Icontinuod Healing arKt lighlir Telepht)ne Depreciation Sundry househoid expenses All the above costs are directty attributable to the activities in furtherance of the objects ofthe Charity. Goveman¢& costs include those costs associated wtth meeliri9 the constf(ulional and stalulory requirements of the Charity and include the audit fees and costs linked to the strategic management ofthe Charty. e) Tangible red asset$ and depreciation The house, grounds and the majority of the contents of the house are in the (pnerShiP ofth¢ NalKJnal Trust and Consequent do not appear in thgse accounts. Depreciation is provkled al the following annual rates in order to write off each asset over its eslimaled useful lffe. Major improvements 100A per annum on cost Paintings and furniture These are Includ at an historic value and no depreciation is charged as Èl is consid$red that the restdual value is not below the valuation fj Investments Investments are included on the balae sheet at their market value at th& etmf of the finanual year. Realised and unrealised gans and losses are Cfediled, or debited, to the statement of finaneHI aclivi(ies in the year in whh they arise. gl Stocks Stock consists of purchased goods for resale. Stocks are valued al the lower of cost and nel reali%able value. h) Debtors and ¢redltors receivable I payable viithin ono year Debtors and ¢redi(ors with no stated interest rale and re¢eivable or payable within one year are recorded at transaction price. Any k)sses arising from impaim)enl are cOgnISed in expenditure. 11 Pension costs The Charity operates a defined contribLrtion Scheme for the benefft of its employee5. The costs of ¢ontributions are written off aaainsl surplus in the year they are payab. J) Taxatlon DorneYw0¢ is a re9islered Charty and is not liable to income lax or corporation tax on Income derived from its charitable 8clivilies as it falls wi(hin the various exemptions available to registered Charities. l) Going wn¢om The financial slalemenls have been prepared on a going concern basis as the Trustee5 believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expendiluie for 12 months from aulhorising these financial statements on the Chaiity. The budgeted income and expenditure is suffscienl with the level of reserves for the Charty to be able lo continue as a going concern. 11
The Domeywood Trust Notes to the accounts {contlnued) for the year end¢d 31st December 2025 Investrnent income and interest re¢elvable 2025 2024 Investment trusts and unil trusts Interest on cash held by investment managers 379,401 9,49Ql 423,738 8,818 £ 388,891 £ 432,5S6 Actlvltlg$ for ralslng fvnds Use of house and garden opening £ 32,654 £ 24.722 3b National Trust Inveslm8nl incom8 £ 17.376 £ 19,951 Cost of ¢haritablo activltie$ Salaries and wages (including contractors) Insurance Household Catering Water, council tax and ulililies Repairs. renewals and refurbi5hrnent Garden expense5 Healing and lighting Support costs {see 4a) 242,120 23,656 8.805 4.269 19,309 139,529 9,827 22,217 46.889 229,673 22,285 5.841 2.887 19.648 116.870 14,714 18,440 38,747 Total dlrect ¢harltable expendlture £ 513.481 £ 468.88S Support costs Governance costs (see note 6) Motor and travel costs Postage. ststionery, telephone and other admin costs 30,780 6,217 6,952 28.678 4.353 5.716 £ 43,949 £ 38,747 12.
The Dorneywood Tmst Notss to the accounts Icontinuedl for the year ended 31st December 2025 Cost of ralslng funds 2025 2024 Cazenove investment fee Event catering Staff costs 56,649 7,148 1,954 54,369 5.988 578 £ 65.751 60,935 Governance costs Staff costs Accountancy - Audit Non-audil 5.373 5.100 12,610 7.697 5,033 6,530 10,954 6,161 Legal fees £ 30,780 £ 28.678 Employees and staff costs Staff costs during the year were as follows.. Wages and salaries Social securrty costs Pension costs Contractors and training 165,372 19,922 14,975 49.178 157.326 76,122 13,662 48.174 £ 249.447 £ 235,284 No employee earned in excess of £60.000 in this or the prior year. The average monthly number of employees during the year was 512024.. 5}. Trustees, and key management personnel remuneratlon and expenses The TrLFslees néither received nor waived any remLtneration during the year. The lolal amount of employee benelrts received by key management person1 for this year is £53,374 12024.. £50,330). The Trust consider5 Ils key management personnel MpriSe the Board of Trustees and the Seeretary. The Trustees did not have any expenses reimbursed during the year. -13-
The Domeywood Trust Notes to the accounts Icontinuedl forthe year ended 31st December 2025 Flxed asset Investments Al 31st December 2025 fixed assets investrnents comprised.. 2025 2024 Listed investments and cash held for reinvestment £ 11,606.854 £10.692,375 Listed Investments and cash held for relnvestments Ltsted Investments Market value al 1st January 2025 Additions at cost Disposal proceeds Nel Tealised investment gainslllossesl Nel unrealised investment gainslllosses) 10,473,952 1,706,374 11,640,664) 10,052.982 985,342 1985,7541 38,923 903.881 29,918 411.464 942,804 441,382 Market value al 31st December 2025 11.482,466 10,473,952 Cash held by investment managers for reinvestment 124,388 218.423 £11.606,854 £10.692.375 All listed investments were dea in on a reGognised stock exchange. Listed investments held al 31$t December 2025 comprised the following.. Responsible Mulli-Assel Fund Investment trusts and unil trusts 8,156,220 3,326,246 3,109,918 7,364,034 £11,482,466 £10,473,952 -14-
The Domeywood Trust Notes to the accounts Icontinuedl for the year ended 31st December 2025 io Tanglblè fixed assets Major Paintings & irnprovernents furniture Total Cost or valuation At 1$1 January 2025 Addition5 1,109,780 62,774 1,172,554 Al 31st December 2025 £ 1,109,780 £ 62.774 £ 1,172,554 Depreclation Al 1 $1 January 2025 Charge for year 1,109,780 29,774 1.139,554 At 31st December 2025 £ 1,109.780 £ 29.774 £1,139,554 Net book values At 315t Decernber 2024 and al 3151 December 2025 £ 33,000 £ 33,000 11 Debtors 2025 2024 Debtors Prepayments and accrued ineome 1,050 33,336 2,307 56,688 34,386 £ 58,995 12 Credltors: amounts falllng du6 within one year Trade creditors Accruals other creditors 21,215 30,789 6,Q45 29,373 29,836 5,757 58,049 £ 64,966 15-
The Domeywood Trust Notes to the accounts {contlnugd) for the year ended 31st December 2025 13 Analysis of net assets by fund Current year Unrestrl¢tsd Funds 2025 Deslgnated Funds 2025 Total Funds 2025 Fixed assets Investments Cash held Other current assetsniabililies 33,000 11,482,466 124,388 33,000 11,482,466 340,500 {22,9001 216,112 (22,9001 Total £ 193.212 £ 11,639,854 £11,833,Q66 Prior year Unrestrlcted Funds 2024 Deslgnated Funds 2024 Total Funds 2024 Fixed assets Investments Cash held Other current asselsrtiabilitie5 33,000 10,473,952 218,423 33.000 10,473.952 507,788 15,6721 289,365 {5,6721 Total £ 283.693 £10.725,375 £11.009.068 14 Related party tran$a¢tlons There are no related paty transactions during the peT¢od {2024.' £nill. 16-