DORMERS HOSPITAL CHARITY
STATEMENT OF ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024

DORMERS HOSPITAL CHARITY
CHARITY INFORMATION
Trusloes
R Barber
C R B Goldson OBE (Treasurer)
S Kelly IChair}
A Thomson
L Shephard
Rev H Robson Iresigned 29 May 2024)
P Bradley Iresigned 9 January 20241
T Gregory lappoinled 7 M8y 2024)
Charlty registratlon number
206379
Regulator of Social Housing rogistration number
A2917
Address
27B Aylesbury Road
Wing
Leighlon Buzzard
Bedfordshire
LU7 OPD
Solicltors
Austin & Carnley
Bridge House
Bridge Streel
Le￿hlOn Buzzard
Bedfor¢Jshire
LU7 1AH
Bankers
CAF Bank Ltd
25 Kings Hill AveTrue
Kings Hill
Wesl Malling
Kenl
ME194JQ
Indepgndent Examlner
Mr S. J. Wilson
Uplon Wilson Ltd
3 West Street
Leighlon Bu72ard
Bedfordshire
LU7 1DA

DORMERS HOSPITAL CHARITY
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report and aceounls lof the year endod 31 December 2024.
The accounts have b&en preparèd in accordance wth the accounting policies set out in nole 1 to the
accounts and comply wrth the charitq5 Trust Deed, the Financial Reporting Standard FRS 102, the
Charities Act 2011. the Co-operative and Community Benefits Societies Acl 2014. the Housing and
Regeneration Act 2008 and the Accounting Direction for Registered Providers of Social Housing 2015.
Structure, governanc8 and management
The charity Is governed by a Trust Deed dated 8 July 1980. The Trusts objects are the provisK)n of
housing.
The trLtstees who served during the year were=
R Barber (Wing Parish Council nominee appointed from 25 FebTuary 2021 until 30 April 20251
T Gregory (appointed on 71h May 20241
C R B Goldson OBE {Co-opled Iruslee reappointed from 5 September 2023 until 30 October 2028)
S Kelly nominated, reappointed from 5 September 2023 until 3D April 20271
A Thomson Co-opted appointed from 3 March 2020 10 2 March 2025)
L Shephard Nominated, appoinlmenl las PC nominated trusleel noted 5 September 2023 until 29 May 20271
Rev H Robson lex officio appointed 7 July 2020 and resigned on 29 May 2024)
P Bradley (Co-opted trustee appointed 3 May 2022 until 2 May 20271 Iresigned 9 January 2024)
As sel out in thè Trust Deed, the tmslees shall consist of one ex officio truslee, being the Vicar of
All Saints, Wiw, four nominaled trustees appointed by Wing Parish Council and ci>opled Iruslees
who, through reS￿ence, occupation or employment or otherwise have special knowledge of the Parish
ofWiThJ.
New trustees receive training from existing trustees regarding the objectives and opeTation of the Trust.
They Slso gsin an unders18nding of their legal obligation with regard lo charity law and the structure of
the Trust. They are advised of appropriate training courses and are encouraged lo atten(J.
The Iruslees administer the charity and meet bi-monthly. None of the trustees receive remuneration
or other benefit from their work with the charity.
The trustees have assessed the major r•sks to which the charty is expK>sed, and ar8 sats$f& that
systems are in place lo milig8le exposure lo Ihe major risks.
Objectiv￿. activltl•s. achlevements and perforn?ance
The charitys objects are the Provision of almshouses in Wing, Buckinghamshire.
The aims of the charity are the provision of housing in Wing. Buckingham5hire.
The objectives for the year were lo continue to ensts￿ Ih81 the housing remains of decent stsndard for the
benefit of currenl an(1 future residents.
The trustees have paid due regar¢J lo guidance issued by the Charity Cornmission in decKJing what
activilles the charlty shoLblé undertake.
During the year the charity continued lo ma5nlain both the PToperti&s and the site. The charity
continued to pursue its programme of improvements to the properties.

DORMERS HOSPITAL CHARITY
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanclol review
The trust had a surplus for the year of £25,179.70 including Inveslmenl galns of £4.458.73. Wllh
the level of reserves, Ihe Charity will be able to continue with th8 provision of housing and
to maintain the properties.
It is the policy of th8 charity that revenu? funds whl¢h have not been designated lor a 5pecrfic use
should be malntsined at a level equivalent lo between Ihree and stx month's experTdilure. The Iruslees
consrders tb.at reserves 81 Ihls level will ensure that, in the event of a significant drop in income, Ihey
will be able to continue the Charit￿$ curTetrt aclivrties whlle consideration is given lo ways h which
additional ineome may be r8ised. This18vel of reserves has been maintained throuyhoul the year.
On behalf of the board of trustees
Trustee
Dated..

DORMERS HOSPITAL CHARITY
STATEMENT OF THE TRUSTEES, RESPONSIBILITIES
IN RESPECT OF THE ACCOUNTS
Charty law requires the trustees lo prepare financial statements for each financial year whrch give a true
and fair view of the stale of the affairs of the charity and of the income and expenditure fcy the year. In
preparing these financial 5ts1ements the trvslees are required lo..
select sulta￿e accounting policies and apply them consislenlly.,
make judgements and estimates that are reasonable and prud8nl
prepare the financi￿ slalements on the going concem basis unless il is inappropriale-,
slate whether applicable a￿OuntIng stsndards have been followed.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
a¢curacy at any time the financial position of the charity and lo enable them lo ensure that the
accounts comply with the Charibes Act 2011. the Co-operative and Community Benefits SocielEs Act 2014,
the Housing arKI Regeneration Act 2008 and the Accounting Direction for Private Registered Provider5 .
of Social Housing 2015. They are also responsible for safegLJarding the assets of the chartty and hence for
taking reasonable steps for the prevenlw)n and deteCt￿n of fraud and other irregularities, by establishir@
and rnaintaining a salisf8clory system of control over the charitys accounting records, cash holdings and
all its reGeipls and remittan¢es.

INDEPENDENT EXAMINERS, REPORT
TO THE TRUSTEES OF DORMERS HOSPITAL CHARITY
I report on the 8¢counls of Ihe Irusl for the year ended 31 December 2024. which are set out on pages
5t010.
Re$p¢￿1Ve r¢8pon8lblllti08 of trust•es and examlnor
The charity's Iruslee5 are responsible for the preparation of the accourbl8. The ch8riVs Iruslees con$id8r that
an audit is not reqLsired for this ye8r under section 144121 of the Charities Aol 2011 Itkie 2011 Acll and that an
independenl examination is needed.
11 is my responsibility to..
examine the accounts urider section 145 olthe 2011 Act-
to follow the procedures laid down in the gerleral Directions oiven by the Charity Commission un(ler
secllon 14515llb} of the 2011Acl' and
lo slate whether parti¢ul8r matters have come to my attention.
88818 of Independènt examlnerfs report
y examination was carried out in accordance with the General Direc*ions given by the Chartty Commission.
Commission undor Section 14515llbl of the Act and to bè found in the Chureb Guldance.
An examination includes 8 revlew of the accounting records kepl by Ihe charity and a comparison of the
accounts presented wtth thosè records. It also includes considering any unUS￿al items or disclosure5 in
the a¢coun18 and seeking explanations from you as trustees concerning any such matters. The proccduros
undertaken do r￿1 provide all the evldence that would be required in an audit, and consequently no opinion 55
given as lo whether the a¢coL¢nts present a 'lrue and fair view and the report is limited to those matters set out
in Ihe slalemenl below.
Independent axamlngfs Statement
In eonneclion with my exaMEr￿¢10n, no maller has corne to my attention:
{1)
whlch giv8s me reasonable causè to b61ieve that in any material respect the requiremenls
tu keep accounting record5 in acGordance wlh sèction 130 of the 201 l Act.. and
lo prepare accounts which accord with the accounting records and lo comply
with the accounting requirements of the 2011 Act,
have r￿1 been mel; or
12)
lo which. in my opinion, attention should be drawn In order to enable a proper
understanding of the accoLsnls to be re8ch&d
Stephen J Wllson
Upton Wllson Ltd
ChaFteied Certified Accountants
3 West Street
Leighton Bu2zard
Bedfordshire
LU7 1DA

DORMERS HOSPITAL CHARITY
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Turnov•r
26,056.83
24,404.46
Operating costs
(13,274.26)
121,069.381
Opèrating Surplus (dollclt)
12,782.57
3.335.08
Interetsl receivable and simllar
income
7,938.40
6.052.83
Investment gainl{lossl
Surplu$ {deficitl for the year
(Total comprehensivo income for the yearl
4,458.73
2.038.22
25,179.70
11.426.13
Operating costs13) include £4,242.48 regardiry the Tevalualion of
the Sockol Housing Grant creditor.
The financial slatèmenls were approved by Ihe trustees on
its behaw by..
and signed on
ChaSrman
Trustee
Trustee

DORMERS HOSPITAL CHARITY
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
Fixed assots
Tangible #s$e4S- Housing properties
68,181.68
68,466.95
Current assets
Debtors
Inveslmenly
Cash at bank
1,071.66
128,694.31
46,553.60
824.74
10 142.153.04
62,125.14
205,102.92
170,319.57
Cr6dltors'. amounts falllng due
within one year
11
1720.001
11,644.10}
204,382,92
174,675.47
Net cur¥ènt a5$ets
Total assots less curyent Ilablliti¢$
272,564.60
243,142.42
Crèditors- amounts falllng duo
aftor ong year
12
167,004.00)
{62,761.52}
Net assots
205,560.60
180,380.
Reserv•s
Capi181 funds
Revenue fund
33,508.00
172,054.60
33.506.00
146,874.90
13
14
205,560.60
180,380 90
The IinanLi31 slatemenls were
signed on
Ved by the Iru51ees on
and were
Ghalrman
Trusteè
Trustee

DORMERS HOSPITAL CHARITY
NOTES TO THE ACCOUNTS
Legal status
The Charity was established in 1569. The Charity is also registered with the Regulator of Social
Housing Ur￿er the Housing and Regeneral￿n Act 2008 and a Regislered Social Landlord. The Charity
conslitules a public benefit enlty as defined by FRS102.
A¢¢ounting pollcles
al Basis of accounting
The financial statements are prepared under the historical cost convention as modrfied by the
revaluation of current asset investments in accordance with Financial Reporting Standards 102
IFRS1021 issued by the Financial Reporting Council and comply wilh the Accounling Dirèction for
Private Registered Providers of Social Housing 201 S. the Slat8ment of Recommended Practice
for Regislere(I So¢ial Housing Provider5 2014 ISORPI. the Housing and Regeneration Act 2008
and the Charities Acl 2011.
b) Ttsrnover
Turrx)ver represents conlribution income ieceivable in the year. The Charily is not regfjsle￿d for
Value Added Tax.
c} Houslng land and buildings
Th6 housing properties were grfted lo the ch8rity in 1569. The prowties were renovated, with
the aid of Social Housir¥g Grants. in 1981182. The development cost of housing properties indude..
lil all development expenditure
lil) interest Charged on the mortgage loans raised lo finance the scheme. These costs were
mel through Social Housing Gran15 2nd, in the case of non-qualfy'ng expenditure,
through the charity's internal funds.
The charity has reviewed the economic useful lives of lis housing properties and provides
(leprecialion Isee d} belowl.
dl Depreclation and Impalmignt
Freehold18nd is not depreciated.
Deprecialior* al the r81e of per annum of housing properties 15 effectNely recognised..
li} by Social Housing Grants which reduce the nel inveslrnenl in housing propertie5 to an
amount which Can be recovered from the expected nel ierktal income,. and
{iil In respect of Ih81 proportion of cost not fInan￿d by Social Housing Grants, by maktng
peri(￿1¢ charges for deprecialiors in the propety revenue accounl.
Housing prO￿rtieS are revEwed for impairment annually and where housing woperties have
suffered a permanent diminLtlion in value, the f311 in value is recognised after taking account of any
related capital grants.
There are no oth8T assols against which depreciation is charged.
el Works to ¢xlstlng houslng properties
The charity capitalises expendilure on housing properties whi¢h increases the nel rental stream
over the life of the propety. An increase in the rentsl stream m3y arise through an increase in
the rental income, a reduction in future maintenance costs, or a signrficanl exten5iori to Ihe lile
of the piopety.
Social Housing Grants ISHGI
Grants were made lo the charity by the Department of the Environment be￿n September 1982
and January 1984. The amount of SHG is calcijlaled on the qualifying costs of the scheme In
cordar7ce with instructions issued from trme to lime by the RegulaloT of Social Housing.

DORMERS HOSPITAL CHARITY
NOTES TO THE ACCOUNTS {CONTINUED)
Accountlng policies continued
gl Investmènts
Investments are recognised al thèir Iranssclion value Jnd subsequently Ineasured al their fa
value as al the balance sheet date using Ihc ¢1051ng quoted market price. The Slalemenl of
Financial Activities includes the nel gains and losses arising on revaluation and disp05al8
Ihroughoul the year.
h) Flnancial instrum#nls
Flnan¢ial assets and linanclal Ilabililies are recognised when the Charity becomes a party to lh8
conlracltial provisions of ihL) inslrumenl.
Basic financlal assets Whic￿ include debtors and cash and bank balances 8re Inillally measured
al transaction prico including transaction costs and are subsequently ¢arried at amortised cost
using tha effaclive Inleiest method.
Basic financi81 liabililles, which in¢lude credilors. bank loans and loans are initi311y recogni5ed
al transaction price unless the arrangement constilules a lin8ncing;r3ns8clion.
i} Capltèl fund
The charity has no share capital. The capital fund represents the v8'.ualions of the property.
based on Regulator of Social Housing definitions and valuations, and cost of the 1982
Tenovalion5 m8t by private funds.
j} R0venu$ fund
This fund represents the accumulated surplus of incomè over expendiluT8.
Partlculars of inGome and expendltur¢ Irom so¢lal houslng actlvltlos
2024
2023
Housing accommodation-
Income..
Contributions
26,056.83
24.404.46
Expenditure:
Resldenls, services
Routine maintenance
Majoi repairs
Depreciation of housing properlies
Adminislralive costs
732.49
1.086 40
182.10
285 27
6.645.52
1,321.20
10.548.31
3,168.00
300.29
5,731.58
Operatlng costs
8.911.78
21,069.38
Operating surplus Idetlcil) on soci81 houslng18ltlngs
17.145.05
3.335.08
Int•rest re¢eivable and 51mllar income
2024
2023
Interest receivable
Dividends receivable
1,868.47
6,069.93
697.35
5,355.48
7,938.40
6,052 83

DORMERS HOSPITAL CHARITY
NOTES TO THE ACCOUNTS (CONTINUED)
Invgstment galnsl{10s8es)
2024
2023
M&G Charity Multi-Assel Fund shares
4,458.73
2,038 22
4.458 73
2.038.22
Surplus on ordlnary actlvltles
2024
2023
Surplus on oréinary 8clivilies is slated after charging..
Autjilors. remuneration (including expenses) for the year
Nil
1,800.C(I
Taxatlon
The charity is a regislered charty antl exempl from &￿.
Fixed assets - social houslng land and buildings available for lettlng
2024
2023
Cost and valualK)n
Al bèginning and ¢nd of year
96,267.$2
96.267.52
Depreciation-.
At beginning of year
Charge during the year
27.800.57
285.27
27,51XJ.28
3(O.29
Al end of year
28.085.84
27,800.57
Nel book value..
Al b8ginning of year
68,466.95
68,767.24
Al end of year
68,181.68
68,466.95
The insurance value of housing buildings al the year end was £983,88312023- £964,591) compared
th a c051 of £96,26712023- £96.2671.
The land and buildings of the charity are freehold.
Dgbtors
2024
2023
Contributions
Prepayments
0.32
824.43
18.17
1.053.49
824.75
1,071.66

DORMERS HOSPITAL CHARITY
NOTES TO THE ACCOUNTS (CONTINUED)
10 Gurrent assgt inv08tment$ - valuatlon
2024
2023
M&G Charity Mulli-Assel Fund - 153.131.569 shares
12023 - 143,279.123 5har85}
Ground renl on laftd at Linslade
142.152.04
128.693.31
1.00
142,153.04
128.694.31
11 CredltorB (amounts dug w1th5n on¢ yoJr}
2024
2023
Accruals and deferred inwme
720.00
1,644.10
720.00
1.644.10
12 Credltors (amounts due after on• year)
2024
2023
soc￿1 Housing Grant
67.004.00
62,761.52
13 Capltal fund {rn5trl¢tedl
2024
2023
Balance èl beginning and end of year
33,506.00
33.506.00
14 Revgnu• fund
2024
2023
Balance al beginning of year
Surplus Ideficft) of revenue during the year
148.874.
25.179.70
135,448.77
11,426.13
Balance al end of year
172,054.60
146.874.90
15 Contlngent Ilabllltles
A grant of £8,573.70 was received in 1988 respecl of repair expenditure in an eartier year and toan
interest incurred Ihereon. The￿ 1$ a contingenl liability In respect of th8 Regu18tor of Social
Hou81ngs Rights of Recovery.
16 Employogs, trusteos. Èt¢.
The charity has no full-linie or part-lime paid employee$12023- Nill. Th6 trustees offer their servi
voluntarily and receive neither fees n¢r any other form of remunerallon for thelr services.
17 Hou8ln9 Stock
The charSty own freghold four 2-p8rson dwellings in Wing, ￿L￿inghaMshlre. which are occupied under
the terms of thè Trijst Oeed.
10

DORMERS HOSPITAL CHARITY
NOTES TO THE ACCOUNTS {CONTINUED)
18 Post Balance Sheet evènt
On 16th January 2025, the Charity entered into a deed with the Homes and Communities
Agency wherety, inter alia, repayment of earlier giants from Homes England now recorded
as £67,004 will be deferred until such lime as a Trigger Event occurs. Such Trigger Events
would include disposal of the property or 8 Change in Control of Ihe Charity.The deed
also facililaled deregislration of the Charity from the Regulator of Social PIou5ing's
Register of Soctal Housing Providers.. and committed the Charity lo regisleF a restriction
with the Land Registry in favour of the Homes and Communities Agency relating to the
terms of the 2025 deed.
11