DORMERS HOSPITAL CHARITY
STATEMENT OF ACCOUNTS
FOR YEAR ENDED 31 DECEMBER 2025

DORMERS HOSPITAL CHARITY
CHARITY INFORMATION
Trustsos
R Barber and re-appointed
C R B Goldson OBE ITreasur8r)
S Kelly (Chair)
A Thomson and rwppointed
T Gregory lappolnted 7 May 2024)
L Hudson (appointed 4 March 2025
Charlty Mglstratlon number
2Cfj379
Rfygulator of Soclal Houslng roglstratlon number
A2917
Address
27B Aylesbury Road
Wng
Leighton Buzzard
8edford8hire
LU7 OPD
Sollcltors
Austin & Camley
Bridge House
Bridge Street
Lelghton Buzzard
Bedfordshire
LU7 IAH
Bankors
CAF Bank Lttl
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Indopondont Examlner
Mr S J Wilson
Upton Wilson Ltd
3 West Street
Leighton Buzzard
Bedfordshirg
LU7 1DA

DORMERS HOSPITAL CHARITY
CONTENTS
Page
Trustees report
ststement of trustees responsibilities
Independent examiners, report
Income and expenditure account
Balance sheet
Notes to the accounts
7-10

TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees present their report and accoL¢nts for the year ended 31 December 2025.
The accounts have been prepared in accordance with the acwunting policies sel out in note 1 to the accounts and
Comp￿ with the ch8rity's Trust Deed. the Financial Reporting Standard FRS 102, thè Charities Act 2011, the Co-
operative and Community Benefits So¢ielies Act 2014, the Housing and Regeneration Act 2008.
Structurei govomanco and managgrnent
The charity is governed by a Trust Deed dated 8 July 1980. The Trusts objeGts are the provision of housing
The trustees who ge￿ed during the year were:
R Barber (Wing Parish Council nominee appointed from 25 February 2021 until 30 April 2025), and re-Appointed.
T Gregory (appointed on 7th May 20241
C R B Goldson OBE Icowopted trustee reappointed from 5 September 2023 until 30 October 2028)
S Kelly nominated, reappointed from 5 Septsmber 2023 until 30 April 20271
A Thomson Co-opted appointed from 3 March 2020 to 2 March 20251, and re-appointed.
L Shephard Nominated, appointment (as PC nominated Injstee) noted 5 September 2023,
resigned on 12th July 2025.
L Hudson appointed 4th March 2025.
As set out in the Trust Deed, the tnJstees shall o)nsist of one ex officio trustee, being the Vicar of All Saints, Wing,
four nominated trustees appointed by Nng Parish Council and co-opted trustees who. through residence,
OGGUPation or employment or otherwise have 5pe¢lal knowledge of the Parish of Wing.
New Iruslees recewe training from exlsting tnjgtees regarding the objectives and operation of the Trust. They also
gain an understanding of their legal obligation wrth regard to charity law and the structure of the Trust. They are
advised of appropriate Iraining ¢ourse$ and are encouraged to attersd.
The trustees adminlster the charity and meet bi-monthty. None of the ttustees receive remuneration or other benefft
from their work with the charity.
The tNstees have assessed the major risks to whith the charity ts exposed, and are satisfied that systems are in
pla¢e lo mitigate exposure to the major risks.
Objoctlves. actlvltles, achlav•mènt5 and pgrforman
The charity'3 objects are the provi$lon of alm$houses Wing, Buckinghamshire.
The aims of the chaty are the provision of housing in Wng, Buckinghamshire.
The objectives for the year were to ￿ntinUe lo ensure that the housing remains of decent standard for the benefit of
current and future residents.
The trustees have paid due ragard to guidance issued by the Charity Comml$$lon In d8ciding what activities the
charity should undertake.
During the year the charty continued to maintain both the properties and the site. The ¢harity c¥)ntinued to pursue
Its programme of irnprovements to the propertie8.
Page 1

TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Flnanclal roViOW
The trust had a surplus for the year of £28,649 including investment gain$ of £16,958.
With the level of reseNes, the Charity will be able lo continue with the provision of housing and to maintain the
properties.
It is the poliw of the charity that revenue funds which have not been designated for a specific use
should be maintained al a level equivalent to betsveen three and six month's expenditure. The trustees
considers that reserves at this level will ensure that, in the event of a significant drop in income, they
will be able to continue the Ghadty's current aGtivities while Gonsideration is gNen to ways in which
additional income may be raised. This level of rese￿eS has been maintained Ihroughout the year.
On bgholf of the board of trustèe
Trustee
Dated..
Page 2

STATEMENT OF THE TRUSTEES, RESPONSIBILITIES
IN RESPECT OF THE ACCOUNT8
Charity law requires the trustees lo prepare financial statements for each financial year which give a true
and fair view of the slate of the affairs of the charity and of the income and expenditure for the year. In
preparin9 these financial statements the trustees are requlred to..
select suitable accounting policies and appty them consistently..
make judgements and estimates that are reasonable and prudent.,
prepare the financial statsmenls on the going concem basis unless It is inapproprlate-,
state whether applicable accounting standards have been followed.
The truslees are regponsible for keeping proper accounting record$ which disclose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the
a¢￿Unts comply wlth the ChaTities Act 2011, the CoryoperatNe and Community Benefits Societies knt 2014,
the Housing and Regeneration Act 2008.
They are also responsible for safeguarding the assets of the charity and hen￿ for
taking reasonable Steps for the prevention and detection of fraud and other iTregularitie$, by establishing
and maintaining a satisfactory system of control over the charity's arKounting records, Gash holdings and
all its receipts and remittances.
Page 3

INDEPENDENT EXAMINERS. REPORT
TO THE TRUSTEES OF DORMERS HOSPITAL CHARI
I report on the accounts of the trust ft)r the year ended 31 December 2025, which are set out on pages
5t010.
Re8PeCtive rggponslbilitigs of truste05 and •xamlner
The charity's trustees are respjnsible for the preparation of the aiLounts. The charity'$ trustees wnsider that
an audil Is not required for this year under section 144(21 of the Charitie¥ Act 2011 (the 2011 Act) and that an
independent examin*ion is negd•d.
It Is my responslbllity to..
examine the accounts under section 145 of the 2011
Act..
to follow the procedures laid down in the 98neral Directions glven by the Charity commission
under
section 145(51{bl of the 2011AcL' and
to state whether particular Tnatters have come to my
attention.
Basls of Indop8ndont •xamlnorfs report
My examinatlon was carried out in accordan￿ with the General Dlrection5 given by the Charity Commission.
Commission under Section 14515llbl of the Act.
An exaTninatlon includes ? review of the ?￿O￿nting records kept by the charity and a comparison of the
accounts presented with those records. It also indudes considering any unusual items or disclosures in
the accounts and seeking explanations from you as trustees conceming any such matters. The proCEdu￿$
undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is
given as to whether the accounts present a Inje and fair view. and the report is lirnited to those matters set
out
in the statement below.
Indopond•nt oxamlnefs statoment
In connection with my examination, no matter has ￿me to my attentlon..
which gives me reagonable cause to believe that in any material respect the requirements
to keep accounting records in 8￿jrda￿ce with section 130 of the
2011 Act.. and
to prepare accounts which accord with the aexounting records and
to comply
with the accounting requirements of
the 2011 Act,
have not been met,. or
121
to which, in my opinion, attentlon should be drawn in order to enable a proper
understanding of the accounts to be reached
Stgphon J Wilson
Upton Wllson Ltd
Chartered Certified Accountartts
3 West Street
Leighlon Buzzard
Bedfordshire
LU71DA
Page 4

INCOME AND EXPENDITURE ACCOUNT
FOR ThTE YEAR ENDED 31 DECEMBER 2025
2025
2024
Nots$
Turnover
26.993
26,057
Op6ratln9 costs
-24,099
-13.274
Oporatlng $urplus (d9fl¢ll)
2,894
12,783
Interest roc•lvablo and slrnilar
Income
8.312
7,938
InvoStmont galnl(lossl
16,958
4,458
Surplus (dgflGItI for the year
(Total comprohon$iv• incom• for tho yearl
28,164
25.179
The financial statements were approved by the trustees on
its behalf by..
and signed on
Chalmian
Tru$ts9
Trusts•
Pago S

BALANCE SHEET
AS A T 31 DECEMBER 2025
2025
2024
Fixed assets
Tangible assets- Housing properties
67,911
68,182
Currant
assets
Debtors
Investments
Cash at bank
602
165,611
67,810
825
142.153
62,125
10
234,023
205.103
Crgditors: amounts falllng duo
withln one
ygar
11
-720
-720
Not current assots
233,303
204,383
Total assets Igss curront Ilabllltlos
301,214
272,565
Cradltors: amounts falllng duo
aftoron8 ygar
12
7.004
7.004
Net assgts
234,210
205.561
The finan¢lal statements were approved by the trustees on
its behalf by..
121sl Ji
and slgned on
211126
Chalmian
Trustse
TnBt•o
Pagg 6

NOTES TO THE ACCOUNTS
1 Legal ststus
The Charty wa8 established in 1569.
The Charity constitutes a public benefit entity as defined by FRSIO2.
2 A¢¢ountlng policl•g
a) Basls of accountlng
The financlal statements are prepared under the historical cost Gonvention as modified by the
revaluation of current asset investments in accordance wlth Financial Reporting Standards 102
IFRS1021 issued by the Financial Reporting Council, the Statement of Recommended Prartice
for Registered Social Housing Provider5 2014 (SORPI, the Housing and Regeneration Act 2008
and the Charities Act 2011.
b} Turnovor
Tumover represents wntribution ino)me receivable in the year. The Charty is not registered for
Value Added Tax.
) Houslng land and buildings
The housing properties were gifted to the charity in 156g. The properties were renov2t8d, with
the aid of Social Housing Grants, in 1981182. The development Gost of housing properbes include..
all development expenditure
Interest charged on the mortgage loans raised to financ2 the scheme. These costs were
met through SoGial Housin9 Grants gnd. in the case of non-qualifying expenditure,
Ihrough the charity's Intemal funds.
The charity has rèvi8wed the economic useful lives of its housing properties and provides
depreciation Isee d) belowl-
d) DeprnGiation and Impalmi8nt
Freehold land 1$ not depreciated.
Depreciation at the rate of 5% per annum of houslng properties is effectivety recognised..
by Social Housing Grants which reduce the net investment in hou$ing properties to an
8mouiit which can be recovered from the expected net rental income., and
in respect of that proportion of cost not financed by Social Housing Grants, by making
periodic charges for dep￿GiatIon in the property revenue account.
Housing properties are reviewed for impairment annualty and Whe￿ housing properbes have
suffered a permanent diminution in value, the fall in value is recognised after taking account of any
related Gapital grants.
There are no other assets against which depreclatlon Is charged.
e} Works to oxisling houslng properties
The charity capit8llse$ expenditure on housing properties whiGh increases the net rental stre8m
over the life of the property. An increase In the rental stream may arise through an Increase in
the rental income, a ￿duCtIon in fvture maintenance iy)sts, or a significant extension to the Ilfe
ofthe propety.
fj SoGlal Houslng GTant8 (SHG)
Grants were made to the charity by the Department of the Environ[￿nI be￿en September 1982
and January 1984. The amount of SHG is calculated on the qualifying wsts of the scheme in
accordance with instnjctions issued from time to time by the Regulator of Social Housing.
Pago 7

NOTES TO THE ACCOUNTS
coKriNUED
Accounting pollclos continuad
g)
Invostments
Investments are recognised at their IransaGtion value and Sltbsequently measured at their tair
value as at the balance sheet date using the closing quoted market pri*. The Statement of
Financial Activities indudes the net gains and losses arising on revaluation and disposals
throughout the year.
Financial Instrumonts
Flnancial assels and financial liabilities are recognised when the Charity becomes a paty to the
conlraclual provisions of the instrument.
Bas1¢ financial assets which inGlude det)tors and cash and bank balances are initially measured at
transaction price including transaction cxJsl3 and are subsequently carried at amortised cost using
the effective interest method.
Basic financial liabilities, which include creditors. bank loans and loans a￿ initially recognised at
transaction price unless the arrangement conslitules a financing transaction.
Capltal fund
The charity has no Share capital. The capital fund represents the valuations of the propety,
based on Regulator of Social Housing definrtions and valuations, and cost of the 1982
renovations met by pi7vale fund$.
h}
i)
Revenue fund
This fund represents the accumulated surplus of income over expenditure.
Partlculafs of Income and expendltur& from social housing octivitios
2025
2024
Housing a¢¢ommodatlon -
Income..
Contributions
Expenditure..
Residents, services
Routine maintenance
Major repairs
Depreciation of housing properbes
Administrative ¢osl$
430
732
1,907
17,677
271
1,068
182
285
3,814
6,646
Operatlng Costs
24,099
Operating surplus Ideficill on social housing lettings
Intaro* Mc•lvabl• and #lmilar In¢omo
2025
2024
Interest
receivable
Dtvidends receivable
1,584
6,728
1,868
8,070
8,312
7,938
Page 8

NOTES TO THE ACCOUNTS
CONTINUED
Investmènt gain¥l{losses)
2028
2024
M&G Charity Mulli-Asset Fund shares
16,958
2,038
16.958
Surplus on ordlnary a¢tiville¥
2025
2024
Sufplus on ordinary activtties is st*d after charging-
Auditors, remuneration lincfuding expenses} for the year
Taxation
The charity is a registered charity and exempt from tax.
Fixed assets - s￿131 houslng land and buildlngs available for lfrttlng
2023
2024
Cost and valuation
At beginning and end of year
96.268
Depreciation..
At beginning of year
Charge during the year
28,086
271
27,801
285
At end of year
Net book value..
At beglnnlng of year
68,182
68.467
At end of year
The insurance value of housing buildings at the year end was £983,88312024 - £964,591) compared
with a cost of £96,26712024 - £96,267).
The land and buildings of the charity are freehold.
Dobtors
202S
2024
Gonlribution¥
Prepayments
602
824
602
824
Page 9

NOTES TO THE ACCOUNTS
CONTINUED
10
Curront assot Investments - valuatlon
2025
2024
M&G Charity Multi-Asset Fund - 160.134.374 shares
12024 - 153.131.569 $hares1
165612
142 153
11
Creditors (amounts due wlthln one year)
2025
2024
A￿ru81$ and deferred Income
720
1,644
720
12
Crndltor• (amount• du• aft•r •n• y•arl
2025
2024
Social Housing Grant
67,004
67,004
13
Capltal fund (rastrlcted
2,025
2,024
BalanrE ot beginning and end of year
14
Ravonu8 fund
2023
2024
Balance at beginning of year
Surplus of revenue during the year
172,055
28,649
146,875
25,180
Balance at end of year
200 704
172 055
15
Contlngent Ilabllklos
A grant of £8,573.70 was received in 1988 in respect of repair expenditure in an earlier year and loan
interest incurred thereon. There is a contingent liability in respect of the Regulator of Social
Housings Rights of Recovery.
16
Employ805, trusle8s, 8tc.
The charity has no full-time or part-time paid employees12024- Nil). The twstees offer their seNlee$
voluntarily and receive neither fees nor any other form of remuneration for their services.
17
Houslng stock
The charity own freehold four 2-person dwellings in Nng, Buckingharnshire, whith ar8 occupied under
the terms of the Trust Deed.
Page 10