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2025-05-31-accounts

Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

Domino’s Partners Foundation UK & Ireland Limited

(A Company limited by guarantee)

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 May 2025 (UNAUDITED)

Company No: 12612857 Charity No: 1192290

Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

CONTENTS

Reference and Administrative Details 1
Chair’s Statement 2
Trustees’ Annual Report 3 – 7
Independent Examiner’s Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 – 14

Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements

For the Year ended 31 May 2025

REFERENCE AND ADMINISTRATIVE DETAILS

TRUSTEES/DIRECTORS: S Barron (Chair)
D Bouch
J Franks
T Starrett
L Tarran
F Benson
B Boyers
H Dawes
K Pitcher
L Jones (Appointed 18 September 2024)
R Kirby (Resigned 26 June 2024)
REGISTERED OFFICE: 1 Thornbury
West Ashland
Milton Keynes
Buckinghamshire
MK6 4BB
REGISTERED NUMBERS: Company No: 12612857
Charity No:
1192290
Independent Examiner: David Hoose FCA
Forvis Mazars LLP
The Pinnacle
160 Midsummer Boulevard
Milton Keynes
MK9 1FF
BANKERS: Barclays Bank Plc
Level 12
1 Churchill Place
London
E14 5HP

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

CHAIR’S STATEMENT

It’s been another strong year for the Partners Foundation. With a clear commitment to long term sustainable growth, we have once again seen steady increases in both enquiries and applications. We’re proud to have supported more colleagues than ever before and awarded the highest level of grants in our history, demonstrating the expanding impact of our mission to support those closely connected to Domino’s Pizza.

We’re also encouraged to have supported a wider network of franchise groups over the past year. We received applications from 36 different groups, compared to 22 last year, reflecting our growing reach to more groups and, consequently, more people in need.

We supported 69 team members with approved grants totalling £107,570, reflecting a 60% increase from 43 cases the previous year. While the total grant amount has grown, the average payment has decreased to £1,500 from £1,900. This shift is largely attributable to more rigorous financial assessments for funeralrelated grants, resulting in fewer high-value awards.

Last year, 90% of grant recipients were store colleagues, while applications from supply chain colleagues declined to 7%. The remaining 3% came from the Domino’s Pizza Group plc (DPG) support office. This underscores the importance of continuing to raise awareness of the Partners Foundation across all areas of the business and in particular supply chain next year.

We continued to focus on two core strategic priorities:

1. Raising awareness of the support available to our team members

2. Generating sustainable income through:

As we closed the previous financial year, we moved straight into the Store Manager Rally in June, a critical opportunity to raise awareness. We shared the role and impact of the Partners Foundation, and how managers could help spread the word. We redistributed updated posters and business cards. It proved highly effective in reaching store teams, as enquiries almost tripled in the months that followed. As part of the Rally, we also hosted our annual Partners Foundation auction with Franchise Partners, raising an incredible £39,816.

A key focus for our Trustees this year was increasing regular franchisee donations. We know monthly donors are more engaged and this supports the long term financial health of the Foundation. This initiative was a real success: monthly donations rose from 15% to 20% of franchisees donating monthly by the end of the financial year. This will set a great foundation as we head into the 2025/26 financial year.

Last year, the Trustees hosted a workshop to review the types of cases we receive and ensure our grant approach remains fair and consistent. This was a valuable exercise for both Trustees and those managing the Foundation. As a result, we now process grants - both approvals and denials - more efficiently, with greater clarity to support fair decision-making.

Now in its fifth year, the Foundation has steadily increased the number of grants awarded, but there is still more to do. Many colleagues remain unaware of the support available, which is why raising awareness continues to be a top priority for the Trustees. We look forward to advancing this effort in 2025 through a range of exciting initiatives designed to reach more people in need.

S Barron, Chair

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 May 2025

The Trustees, who are the Directors of Domino’s Partners Foundation UK & Ireland Limited (‘the Foundation’), present their annual report and financial statements for the year ended 31 May 2025.

The Foundation was incorporated at Companies House on 20 May 2020, registered as a charity with the Charity Commission on 12 November 2020.

Relationship with DPG

Under the Articles of Association of the Foundation, DPG has the power to appoint any individual to be a Trustee who is a director, officer, or employee of DPG or of any member of the Domino’s Group (the “DPG Trustees”) who is willing to act as a Trustee, and who is permitted by law to do so, without further qualification. DPG shall also have the power at any time to withdraw an appointment and make a replacing appointment and all such appointments and withdrawal of appointments shall be made in writing to the Foundation’s registered office.

DPG contribute to the Partners Foundation from a financial perspective, in that the Group covers 100% of the salary for the Foundation & Charity Manager. The Foundation is not billed for the time and expertise of the internal advisors, and office space and IT equipment is used free of costs.

Fundraising Approach

The Foundation’s approach to fundraising is to predominantly use the relationship with DPG, its Franchisee partners and colleagues to raise funds through fundraising activities.

We do not carry out street fundraising, nor do we undertake fundraising mail shots or telephone canvassing. We work with DPG to ensure any fundraising they do for the Foundation complies to recognised standards. We monitor any fundraising complaints (none have been received) and always seek to protect the public, including vulnerable people, from unreasonably intrusive or persistent fundraising approaches and undue pressure to donate.

Grant Making Policy

Financial assistance is provided to team members to assist them during times of personal misfortune, grief or tragedy. The Trustees consider each claim on its merits and each claim must be approved by the Trustees. In some circumstances the grant awarded may differ to the amount paid if the team member requires less help than anticipated or actual costs are higher than estimated costs. Any increase is approved by the Trustees.

The following are the main criteria used to decide if the Foundation will provide financial assistance, and the extent of that assistance during times of personal misfortune, grief or tragedy in the form of a grant, not a loan:

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD ENDED 31 May 2025 (continued)

The Trustees seek to retain as much flexibility as possible in assessing claims. The assistance commonly provided is:

Structure, Governance and Management

Governing Document

The Foundation is incorporated as a private company limited by guarantee.

The Articles of Association of the Foundation established the objects and powers of the Foundation. In the event of the Foundation being wound up, members are required to contribute an amount not exceeding £1 each.

Recruitment and Appointment of the Board of Trustees

Trustees were appointed on incorporation of the Foundation and subsequently by the Board to ensure that the Board includes experience in financial, legal and other relevant fields. Trustees are aware of their obligations in law as Trustees and Directors and are encouraged to acquaint themselves with publications and guidance available from the Charity Commission. Members of the Board have access to external Trustee training.

The Trustees serving during the year were as follows:

Name of trustee Appointment Resigned
S Barron (Chair) 13 July 2022
D Bouch
15 February 2021
J Franks 13 October 2022
T Starrett 12 November 2020
L Tarran 12 November 2020
R Kirby 13 December 2022 26 June 2024
F Benson 21 August 2023
B Boyers 21 August 2023
H Dawes 21 August 2023
K Pitcher 21 August 2023
L Jones 18 September 2024

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 May 2025 (continued)

Organisational Structure

The Board of Trustees meet four times a year and oversees finance, current project work and the future strategy of the Foundation.

The Trustees are supported by a Foundation Manager and Administrator. They run the Foundation on a dayto-day basis with support from the Trustees when needed.

The Foundation has four Ambassadors who collaborate closely with the Trustees to support our mission. Together, they work to raise awareness and increase fundraising efforts.

Principal Risks and Uncertainties

The Trustees have examined the major strategic, financial, operational and reputational risks which the charity faces and regularly review what actions can be taken to mitigate these risks. The two risks that would have the highest impact are the financial stability and income in the long-term, and a data breach, as the claimant is required to submit personal information. The Foundation team are working with legal advisors from DPG to create a DPIA, a privacy notice and a deletion policy, underpinned by ongoing DPO support.

Objectives and Activities

The Foundation’s aims are to provide donations, grants of money, items, services and /or assistance for the relief of financial hardship to individuals that are in need and who are closely connected with the operation of Domino’s Pizza stores with particular consideration given to individuals that are in times of hardship or adversity.

Where possible, and in the vast majority of cases, grants are paid to a third-party supplier - rather than to the claimant themself.

In the consideration of grants, the Trustees have due regard to the Charity Commission’s guidance on public benefit.

Financial Review

Total income for the year ended 31 May 2025 was £181,999 (2024: £127,656).

£103,149 was paid out in grants in the year to 31 May 2025 (2024: £81,228) and other expenditure of £22,908 (2024: £17,080) was made in respect of costs relating to the running of the Foundation. Reserves at 31 May 2025 amounted to £382,099 (2024: £326,157).

Reserves and Investment Policy

The reserves at the year-end of £382,099 consist of cash held in a bank account, items held for auction and a creditor balance. The Trustees monitor reserve levels regularly when reviewing grant applications and a reserves policy is currently being reviewed.

The Trustees are conscious there is a high reserve relative to income. They are confident that all is being done to spend those reserves, whilst ensuring they remain rigorous in reviewing the incoming cases.

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 May 2025 (continued)

The Foundation team continue to focus on future income revenues and are engaging with Franchisee partners, the Domino’s Franchisee Association (DFA) and DPG.

Plans for Future Periods

The Trustees are committed to continuing their support for those in need, considering global events that may impact beneficiaries. Our future focus remains consistent with this year’s priorities:

  1. Raising awareness of the support available to our team members.

  2. Generating sustainable income streams.

  3. Improving and digitizing processes.

To achieve these goals, we must concentrate on developing robust communication plans to engage with our franchise partners and colleagues across stores, supply chain centres, and head office. We will also closely monitor team resources to ensure we can respond swiftly to those in need.

We are currently conducting a GDPR audit to identify any gaps in our processes or policies. Following the audit, we will move forward with digitalizing and simplifying our application process.

Trustees’ Responsibilities

The Trustees, who are directors of the Foundation, are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and the Generally Accepted Accounting Practice in the UK. Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Foundation and of the incoming resources and application of resources, including the income and expenditure, of the Foundation for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Foundation and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Foundation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 May 2025 (continued)

Small Company Provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

The Annual Report was approved by the Board of Trustees on 17.10.25 and signed on their behalf by:

Sarah Barron

Sarah Barron (Oct 19, 2025 17:14:15 GMT+1)

S Barron, Chair

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

Independent Examiner’s Report to the Members of Domino’s Partners Foundation UK & Ireland Limited

I report on the financial statements of Domino’s Partners Foundation UK & Ireland Limited for the year ended 31 May 2025, which are set out on pages 9 to 14.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body for my examination work, for this report, or for the statements I have made.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

David Hoose (Oct 19, 2025 17:14:57 GMT+1)

David Hoose FCA Forvis Mazars LLP, Chartered Accountants and Statutory Auditor The Pinnacle, 160 Midsummer Boulevard, Milton Keynes, MK9 1FF

19/10/2025

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR TO 31 May 2025

Total Total
2025 2024
Note £ £
Income from:
Voluntaryincome 2 181,999 127,656
Total income 181,999 127,656
Expenditure on:
Charitable activities 3 (103,149) (81,228)
Administration costs 3 (17,628) (12,118)
Governance costs 4 (5,280) (4,962)
Total expenditure (126,057) (98,308)
Net movement in funds 55,942 29,348
Total funds brought forward 10 326,157 296,809
Total funds carried forward 10 382,099 326,157

All funds are unrestricted.

The notes on pages 11 to 14 form an integral part of these financial statements.

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

BALANCE SHEET AT 31 May 2025

31 May 31 May
2025 2024
Note £ £
Current assets
Other assets 7 4,395 -
Cash & cash equivalents 8 386,454 338,478
Total current assets 390,849 338,478
Creditors: amounts falling due
within oneyear
9 (8,750) (12,321)
Total assets less current
liabilities
382,099 326,157
Net assets 382,099 326,157
Total funds 10 382,099 326,157

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. The members have not required the charitable company to obtain an audit of its financial statements for the period in question in accordance with Section 476 of the Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for the preparation of financial statements.

In preparing this report, the Directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Trustees on 17.10.25 and signed on its behalf by:

Sarah Barron

Sarah Barron (Oct 19, 2025 17:14:15 GMT+1)

S Barron

Trustee

The notes on pages 11 to 14 form an integral part of these financial statements.

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 May 2025

1 ACCOUNTING POLICIES

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.

1.1 General information

The Domino’s Partners Foundation UK & Ireland Limited is a company limited by guarantee, incorporated in England and Wales. The address of its registered office, its registered numbers and principal place of business is disclosed on page 1.

The principal activity of the charity is to assist individuals in need who are closely connected with the operation of a Domino’s Pizza store and franchise.

The financial statements are presented in Sterling, and this is the functional currency of the Charity. The financial statements are rounded to the nearest whole pound.

1.2 Basis of preparation

The financial statements have been prepared under the historical cost convention, and in accordance with applicable accounting standards. In preparing the financial statements the charity follows best practice as set out in the Statement of Recommended Practice: 'Accounting and Reporting by Charities' (SORP 15), the Financial Reporting Standard applicable in the United Kingdom and Ireland (FRS102) and the Charities and Companies Acts.

1.3 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objects of the charity and which have not been designated for other purposes. The charity’s general fund may be used by the charity at its discretion to further its stated charitable objectives.

1.4 Income

These are included in the Statement of Financial Activities (SoFA) when:

1.5 Expenditure

All support costs incurred have been allocated between charitable expenditure and governance as appropriate. There are no costs relating to more than one functional cost category.

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 May 2025 (continued)

1.6 Allocation of costs

All expenditure and liabilities are included on an accruals basis and recognised when there is a legal or constructive obligation to pay out resources.

1.7 Financial Instruments

The Foundation only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction values and subsequently measured at their settlement value.

1.8 Cash and Cash equivalents

Cash and cash equivalents are cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.9 Going concern

These financial statements have been prepared on a going concern basis. This is based on the charity grant policy of reviewing available funds prior to approval of amounts granted and the support from DPG.

1.10 Judgments in applying accounting policies and key sources of estimation uncertainty

In applying the company’s accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made and are based on historical experience and other factors that are considered to be applicable. Due to inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The Trustees do not consider there to be any significant judgements, estimates or assumptions in these financial statements.

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 May 2025 (continued)

2 VOLUNTARY INCOME

VOLUNTARY INCOME
2025 2024
£ £
Donations 181,999 127,656

3 EXPENDITURE

2025 2024
£ £
Grants paid out to individuals 103,149 81,228
Administrative costs 17,628 12,118
Governance costs(note 4) 5,280 4,962
126,057 98,308

4 GOVERNANCE COSTS

2025 2024
£ £
Independent Examiner’s fees 3,420 4,500
Other 1,860 462
5,280 4,962

No trustee received remuneration in the year to 31 May 2025 (2024: £Nil). No trustee received reimbursed expenses in the year to 31 May 2025 (2024: £Nil). The Board does not consider that there is a need for Trustee indemnity insurance as the trustees are covered by insurance held by DPG.

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STAFF COSTS

The Foundation has no employees, but assistance is given on administration, IT, legal and finance tasks by DPG staff. A part-time case administrator has been paid in the year and the entity has incurred a charge for their share of time working for the Foundation. The estimate of time taken by DPG’s staff on Foundation affairs together with the charge to the entity for the part-time case administrator is £30,091 for the year.

6 TAXATION

The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.

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Domino’s Partners Foundation UK & Ireland Limited – Annual Report and Financial Statements For the Year ended 31 May 2025

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 May 2025 (continued)

7 OTHER ASSETS

31 May 31 May
2025 2024
£ £
Other assets 4,395 -

Other assets consist of items held for auction.

8 CASH & CASH EQUIVALENTS

31 May 31 May
2025 2024
£ £
Current accounts 386,454 338,478

9 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31 May 31 May
2025 2024
£ £
Accruals 3,420 3,300
Grantspayable 5,330 9,021
8,750 12,321

10 FUNDS

At 1 June At 31 May
2024 Income Expenditure 2025
£ £ £ £
Total funds(unrestricted) 326,157 181,999 (126,057) 382,099

11 RELATED PARTIES

All unrestricted income received originated from DPG, their Franchisee partners, and their employees.

During the financial year, Sarah Barron, Brett Boyers, Kirsty Pitcher and Laura Tarran were directors of DPG subsidiaries.

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