Charih registrnion nutnber". 230853 Blandford Forum Charities .4nt)uai Rep)rt and Financial S￿*ments for the l'ear Ended."Trl Nlarch ?075 Blandford Forum Charities Contenls (conlinuedl Reftrence and.4dTninistt*itre D￿￿15 TTu51¢es' Report ?106 Staiemeni of Trnste¢s' Reswnsibiliiies Independent Examinerfs Report Stai¢meni of Financial .4rti*ili¢s Balance Sheet 10 ole5 to the FinanLial Smements Ilto74 Blandford Fornm Charities Reference xnd Administrntii'e Details Trustees IIrs L Lind5a%'. Chair Ir J HickLsh. l'ice Chair Cllr R Holmes %lrs C Sharp. re512ned l_l Ociober ?0?4 Clli Ilr R Carter. Teiired ? Ila) 70?4 Cllr P Clark". retired Tr Xla). *0?4 Ir S GaTbutt Ir S Hiichings Ir C Steien5 Ir J Turnbull Ir H 11-hit¢ Cllr B Qual'le. re5iqned ? Ila!" )0?4 Cllr H IlieNille. app)inied ?0 IIai ?0?4 Cllr }- IlieNille. apwinted JO Ila! ?074 and re5Lgned I l November ?0?4 Ilr N Lace%4larke. appointed 74 June ?014 Cllr S Chapnw. appoinied X.oieniber 1014 liss J Engel. Clerk io ihe Trustees Senior %laN4gemettt Te# C.h#titv RtgistrAtion Nllmber Principgl Office Bames Hom Salisbun Road Blandford Fotu IXITS¢1 DTI 17HL" Independent Examiner Hamei & Co Lld Charntred Cenifjed Accountants and Reeisiered Auditors ?1 Ilark'ei Plaie Blandford Foni tk)rs DTI 17.4F Solicitors Blanchard5 Ball￿. LLP Bunbur% Ilouse Siou¥ P3wk Blandford Forum DTI 19LQ HSB(- 16.-_167 High Street Poole IkTrT5ei BHIS IAL BAnkers Page I Blandford Forum Charities Trustees. Report The rrnsiees prtstnl ih¢ annual report together ￿1th the financial siatements of the charity for the %'ear ended .- March ?0?5 Objertiie$ Ind actii'ities Blandford FonLm .4lmshouse5 Chari The objeLi of this iharir% 10 proN"idt alwn5hou%es -for persons of good ch2fdiltr ￿th0 reside in the Borough of Blandford 01 *ithin half a tnile ihereol" The scbenie was amended in .Ilai ￿￿)0 10 allow the appoinimenr of Almspeople *ho Iii e L)u151de the area of benefii bui are oihen4is¢ qualifjed. The charih 41 altnshouses oNer file 511e5 51tu*ed in Blandfotd namel!. Barne5 Hotne5. Patk Roa(l. R! ¥'es Cortages. Letlon Ctsttages and J l Barnes in Salisbur%' Road. In addition the Chariti" adMinisie￿.. Relief In Nted - The obje¢1 is "to relieve either otneralll" or indiMduallJ" peTSOrts resideni in ihe Borough of Blandford Fonim i¥ho are in condiiion of netd. hardship or d1511¢55'. Blandford Forurn Apprenli¢iog and EduLational F()undation Charity lincorporaiing George R)'ies ,4ppr¢nli¢ing Chariry since )6ih Ilai. 0061- The objecl 15 t(b aibard grants for the betsefii of "N'ouno persons Mtho hal'e nol attained ihe age of :) )ear5 ￿"hO are residenr in 01 haie for thoi less than n40 )ears been educated iii the Borough of Blandford FonEm and ivho. in ihe opinion of Iht Trusiees. are in need ocfinaniial assisianLe" The Relief In Need and Blandford Forum .4ppreniicing and Edu¥aiional Foundolion Charitv are equal ben¢ficiari¢s of the reni Iminus ￿PairS and adminisiraiiie e.Kpendiiuresl of 19 41 SalisburN Sireet Mhich ettLompasses a shop on the ground tlwr and iwo llais Tent oui atxjie. The ChaTitv of Christopher &. Robert Pill The Relief In X¢ed and Blandford Fonitn .41rn5house Charil prevjou51% ben¢fLtted in equal measure froni income from the Charkty" of ChTlStophtr and Robert Pitt. rhe object5 of w'hiLh chariTh are 'subjeci io the pa%nienL of t.Kpenses of adminisiraiion the Tru_%¢ees are required to dii'ide the Income ot" this Chant%" Inio tsvo equal pan5. one TO Ihe income of the Blandford FOTUM Alwnshouses Charity arsd ihe other io auotrheni the iniOTtt¢ of Ihe Blandford Forum Relief In X'eed ChariTh" However. ori 17th .4pril 7011 the Chariti Commi55ion aoreed to change5 10 pardgrdph 47 Application of Income.. 'Subject to paimeni of e.xpenses iht Trnsiee5 shall appli the ini￿rne of the Charit% soleli" to Relief In Iced Charity" This inLome deriies fr(Im the >al¢ o( land at 11 int¢tiK)rTre kingston on ?.Ird June 1014 for ihe svm of £7S.000 artd proi¢ed% Iniesltd Jn COIF InIesT￿t￿l Fund. T.E.D. Ge0￿e Fund - The Blandford Children's Fund. me Blaftdfoid Forum General Chants. look" oi'er the admtnistrdtion of the T_E.D. Cieorge Charin Th¢ Blandford Childen's Fund IRe4isitred Q-hariry nuinber 2494691 from National 1% e5miin5rer Bal￿ Trusi &. Esiaie Ser% iLes on Ith Jul ?0 l ? aNd the fund5 nl. £.-%8.000 were in%esled in COIF In%'¢stmtni Fund. Tht Jnteresi ti{itU￿ 15 paid ¢nt(b a dediiaied HSBC .4ciount quarterl) for the Charin's expenses and erants. The Charitable objects of ihe Fund are w po). or appli the residue of such income In each )'ear for the benefit of sllch chjldren ordinarLls' resident in the BorouEh of Blandford Forum on die first da) of January in each )ear under ihe age of tsvelTre l'ears as shall be selecitd bi the Trusiee5 lalier ¢on5ultation ivi(h Ihe Ila)'or of Ihe time being of ihe said BorouLyhl 2nd for Suih purw)s¢s as ihe Tru51ees irh ihtir absolute discretion shall see fit." FMKdraisiMg disdosurcs The ¢harits. does noi actiN'tls' fund raise. Blandford Forum Charities Trustees, Report Icontinuedl P￿bIle benefii In pursuit of ihe charities objecii%e5 the Tnjsitts.. Llndenake regular inspeaioTES on all their properties identifi ing nece5sar¥' mainienance InLludinL liiL } lQuinquenniali InspeLttions- R¢1 ieii their Fil¢ I'¢ar Plan pnotit151ng m31Dt¢naDi¢ and r¢pair5 ￿qUIred and refutbishmen15 d¢s]￿d ￿1th prioriti giien to health ttnd safdb issu¢s for r¢sid¢n15 and 5thft": As funds allom refurbish and upar3de almshousts io niodern SLqnd2rds.' .4s vakankies ocLur tolloii the Gllidelines In their, 4wx)Inimeni Polio'_ .4ivard .4pprentliing and EduLational ¥nnts in S¢pT¢Jnber annua]li and throughout rlie lear as rtquested and nds allo%% Ir(>m the 4pprenTi¥ingb and Eduiaiion Foundaiion ChariTh" and folloi¥iiiv the C-harip 5 polici.: .4INard Relief in Netd (prdn15 from th￿ ChariTh as 8ppropriai¢. (Th¢ Chaimian and ￿.1￿¢ Chaimian ha￿'e delegated powers).. • Aiiard T.E.D. GeL}￿e Fund- The Blandford Children'5 Fund orants frnm Charip as appn)priaie following the Charitl's wlicw in JanuaTh Februan eakh l'ear. L,ndenake regular Fire Drills at Bames Homes: CanTr out Siaft-.4ppraisals annuallj: • Cotnpli %¥ith Health and Sater¥ Reuulaiiork5'. Support and enLouTalle Ihe Barnes Ilome Residents. Committ¢¢ irt gentle endeavours. The trusie¢s confirm thai the% haie complied m.ith the tequirements of section 17 of ihe Chariti¢s Ail ?01 I to have dut Te?ard to ihe public benefit ¥uidan¢¢ published ihe ChariN Commisston for England artd Wale5. HvrA-ing relulion. The Chariii work5 closeli with ¥Jrious organLSations in partictslar ihe.41mshou5e .45sociaiion. the local DisiriLt and Toiin Council> and appropriate Social Care Proiid¢r5. The ChariN also liai>ts Mith L)th¢i Charitie5 in resp¢LI ofihe application of educaiional urdn15 namel!" the ChoriTh" of Il'iliiatn Il'illiatn5 and ihe Emil)" Falllk'ner and K1ilion .4bb&s Trusi ihereb) IniNÈmisin4v the numbei vl siuden15 ￿"1￿> can benefii from educaiional grnnts -4¢hievemeots and ptrformanee The board ol-Trusiees organi5ed the folloiving duTillg th¢ lear.. l. Rourine mttint¢nan¢¢ and repair of all pn)ptnie5. including replac¢ment ￿1ndowS. Showers and boilers as required. to rnainlain high siandards throulhoul. .4nnual Boiler Service carried oui b} Blandford Heating. l Office enlarned uiilizing part of the ciNnmunal r(xim. 4. Refurbishmenl and redecordiion of flats l and Bames Homes avd ? I Park Road. 5. Kitchetl replaied ai 14 Bame% HL)rnes. 6. Complcied the re-roof of 66-68 Sali5bur% R¢)2d_ 7. Granis hait beert awarded 10 indii id¢Jals bi= - TED Gtor¥e Blandford Children's Fund Chariti - £1.600.00 .4ppr¢niiiinn and Edu¢aiion Foundation_ £5 ?40_00 Relief in Need- £7 _364.99 Blaiidford Forum .41mshou5e Chants - £1 19. Page I Blandford Forum Charities Trustees. Reporl (continued Financial reThiew' Poli¢J resen'es The Re5eThe5 held bi. the Chariiy are specifjiall! as required b% th¢ir Tmst Deed of 6th FebruaTr 1974 and as recommetlded bN' Ihe Chariti Commission and .4lm5house .4550ciaiion Narnel! an FKtraordinary' Repair Fund I ERF i and C}'clical Nlain¢¢nanr¢ Fund ICIIF i. These resen'es art accumulaied from deposits derii'ed out i)f a perceniaue of ihe 11-eekl) MaInTe￿n¢t (-onlribulions inade b% the Cliarir¥'s altnsliou5e residents. The Trustees are guid¢d bi the ChariTh Commissiotl arhd Alm5hou5e A550ciation regarding the 4)propriat¢ perceniage io be dep0511ed in both reserve lunds and ihis Is regularl! reviewed. A definition of the use io Mhich the fund5 m35 be put are.. ia) ERF providing for extraordinat? repair. improi'emeni or ￿bUildIng of ihe .41mshouses Imodernisaritsn.'refuJbishment ol. properties and repai￿ such as d(h)rs. heaiijig boilers and roof coierin45I. Ibl CNtF - provides for regular mainiellarkce includrng extemal and internal decoraiion. ex¢e¥ior pwThting. electrical instsllaiion. worn out kttihens and bathr￿1￿5. The use of the aboi'e filT￿5 15 rnforned ihroueh Quinquennial and other Inspecrions w'hich highliohi maintenance. repair and r¢fiitbishtn¢nt requiretnents la5 per th¢ ch￿11￿.5 Fii"e l'ear Plan _0 I I PIAns for future period5 .4im$ 4ftd ILfj- objeciives JorJulureperivdf To further aLhieNe the aims of th¢ chatin it is intended io refurbish number 14 Barnes Honies. redeLoraie nUM￿rS 19. ?: PaTk. Road and replace all boilers and tltciric showers ai all sJt¢s on Park Road. Structure. go>'ernanct and mAnagement Noiure of£overniftR The Chariry" is an urtincory)oraled chariti ivhich is gowerned bi. a ChaTiti CO￿[nIs510n Scheme dated 6th Februar) 1974 a5 amended 6ih %la% 7006_ -4part frotn th¢ original endowments of the C-h￿11¥ lested in the Narional A550ciaiion of .41mshouses Common Ini"esTmeRI Fund iiith 11 &. G Iniestmctjts and COIF Charitie5 Deposii Funds. the main soui¢e of Inrome deriies from the ￿'ee￿.1% Ilainienanc¢ Contributions from residenis of the CharitN'S 21mshouse%_ Careful Si¢i4ard5hip of the exisitng re%ource% 5eek5 to re5peci the intentions of the various original ben¢fa¢ioTS in proi idino almshouses and relief lor those deeEMtd in need. Rec'ruilmeNI anduppoinimeni olirMJieÉ The Board of Trusiees is L￿MprISed tsi iiielie TTusiee5. e]￿hL Co￿p1all￿e aTrd four noniina(ii'e. The four N'ominail￿e Tnjstees are apw)inled b!. the Blandtord Forum Council and serve a period ol- four )e4r5. The eight o-opiative Trustees "shall be persons iwho through residencc. ￿CupaI10Tr. tmp&)!'ment or oihmvise have a speiidl knoi%led¥e of Blandford-. and servL lor 3 period of file Nears. The apwintm¢ni of C￿￿p¢alb￿t TnL51ees is undertaken bl the Board of Trusites ivh(> ¢ndea%i)ur to 5e¢k oul prospecliie Trusiee5 ￿h0 possess the desited skJ115 thai w.ould proi'e mosi beneficial_ Candidate5 are 50u?hi either throueh Trustees approaLhing indii iduals or b!. open adiertisement. A shortlist of iandidaies is draiin up ho art ihen tnvited io a meeiing of TTusiet5 a¥ ￿h1£h a suitable candjdaie 15 ap￿Ill1¢d using ihe C-harirn's nomial deniocraiic i'otin¥ pro¢tdure5. Page 4 Blandford Forum Charities Trustees. Report {continued) Intsuciion andiraining ofirnsiees Newl). appoinT¢d Tru5tre5 ate ￿elcoMed io an initial meeiiiil with ihe ChaiTtnan before meeting Mith other Trusiees. .4n illfomiaiion pack coniainino a bTi¢f hisLoTr ol" IhL Charin. copi of Prei iou5 niinuie5 and ihe lasi approi'ed Accounts iooether ii'iih the chari￿" Commi55¥)n's guidante -The Essential Trustee.. Il'hai )'ou need lo knoiv" is proiided io eaih nthv TrLt51ee. Organisatiollal.%truclure The TTu%ie¢s meet ai Ird>t four times a %"ear &$ a full Board when the%. discuss adminiqrdLii'e. building. repair5 and finaniial tndlT¢T5. In addiiion Th• hai'e fortn¢d Su￿L￿￿T￿1￿ees foi Finattie Iiniorpordiing Relief in Need alld staffing). Buildings and Eduialion which a5 rtqULrtd reportLti¥ 10 the makn Board. The Trustees emplol a CItTk" undertake5 the Chariti's da! to da! dtleEaled adminislr31iie ]nattets )nd who orks in close Lollabordtion ¥%ith thL C-hairnmn and I"iLY Chaimian of Trusiees. The Clerk also ac15 a5 Linc lanager to lh¢ Sih¢m¢ Nlanag¢r Il'arden. The Tru51ee5 a150 eniplo!. a re5iderhi k-hem¢ Ilanag¢r M'ard¢n i%lN) lii'es on their Barn¢s Hi)m¢% sil¢. 4s Il'arden this member of staff ails as a 'good neiLThbour' lo re51denis ai Barn¢5 Homes l1511inu Ih05e iiho ivi5h il on a daili b￿lS Illonda! to Ftidai i. Th¢ Scheme IIana￿eT's aspect of thÈs role coniinues io deielop and proie Infomiati￿e in mallers rtlaiing io maliiienwiie and upkeep of all the .41mshouses &dn)Inistered bN the Charities oier 5 siies in Blandford. ,Ilujor r£sks ond oJihuse nsks Ri.fk manogemeni The T￿St¢t5 haie considered the major risk> io i%hiLh the charl￿ is t1￿)5¢d and hal'e enlisied the help of e¥iemal professionals with regard io. tor eiample. Healih arHI Safth. Fire Preieniion and Djsabilit! .4udit in managino those risks and dei'eltsping policie5. 10 be rtoularl) rei iemed. to minimise ani risk ideniified. Tlie Trust¢es h>ie also iak.en adi ice and considered the level oran) lik"el}" risk ￿ our members of staff in the environment in ivhiih tlit) operdtt. Financial inst￿MentS ObjeiYlI'e.l rtndpoliiie% The Lharl￿. s acisl'iiies expose li ￿ a DUTnber of financial risks iniludittg credit risk and liquidip. risk. The use of rJnanLial derii'ative5 15 ¥oI'ern¢d b! ilie iharin s wli¢ies approied b% Ihe IK)ard of trustees. I￿1)ilh pro&i(Je ritten principles on the llse ol- tittanLid d¢riiatib'es io manwe these risks. The rharits does not Ltse deriwaiive financi&l insirumtnis for speculati1"¢ PUryX)5e5. Credii nsk The charity. s principal Iinancial assets are bank balances and rash. trdde and oiher re¢¢i%ables. a￿d inNe5tments. The charin s cr¢dii risk ￿OUld prirnarili be atiribuiable io it5 Irade rtceii'ables. hoMeNer Iht balance is rarel) si¥nJfiiani. The aJnounts presented In the bJlJnce sheei are nei of alloMar>ce5 for doubtful receii'ables. The credir risk on liquid funds alld deriiaiiie flnancial insiwmtn15 ts liniited because ihe t￿lIterpartIes are banks i%ith high credii-raiin£s assigned b! iniernaiional credii-rdiing a?encte5. The charin. has no SiLpniliianl concentration of credit risk. ￿'1th elposure spread oier a t)knmber of ioutlterparties and customers. Li¥uiditi' risk In order io mainiain liquid1￿ 10 ens￿re that fund5 are ai'ailable lor ongoing operaEIOT15 and funjre de*elopintnrs. the Lhariry. uses a tniilure of Ionu.ILnn and short-iemi debi finance. Page S Blandford Forum Charities Tru5tees' Report leonliDued Reappointment of independent exAminer A resolution i%ill be proposed at the torth¢oming Tn￿lee$ meeiing io re-appoint S A Harne). of Hame) &. Co Limited as Independent EiaTniner to ihe ChariN. for the ensuing lear. The annual report M'as approved bi. Ihe ul￿e¢S olthe chariTh' on ?9 Ociober 10?5 and signed on its behalf bj.. Mr5 L Lindsai. Trusiee Page 6 Blandford Forum Charities Statement of Tru5tee5' Responsibilities The misiees are responsible for preparin￿ the trusi¢es' report and the financial siaiements in accordance 14.ith the United Kinudotn Accoulltinu Standards (Uniied kin.dom GenerallN Accepted Atcouniing Praaicel and applicable lai% and reuulaiion5. The la￿ applicable io ¢hariries requires the misiees to prepare linancial Yiaremenis for each financial l'ear i%hich give a rrue and fair i ieM' of ihe siaie of affair5 01 the Lhariti and ol- the incomin? resources and application of resources of the charin. for thai period. In preparinu these financial staiements. the irnsiees are required EO-. selecl 5Ultable accounting poliries and then appl}" them consistenth": observe Ihe methods and principles tn the Clwitie5 SORP: make judgements and estilnaies that are r&¥onable and prudent: siaie H'hether applicable accouniinu 51andards haie been folloiied. subject to anN maierial departures disclosed and explained in ihe financial siaiemeDlS' and prepare the financial siaiemenis on the going concern basis unless li 15 inappropriate to pre5UTne that the charirn. M'ill ¢oniinu¢ in bu>in¢ss. The Irusiees are responsible for k"eepino proper accounLing records thai disclose ￿1th reg.%L)nable aecuraci at ajii lime th¢ tinancial position of the charin and inablc them io cnsurc thai ihc financial sraiemeni.% compl!" ￿'1[h ihc Chariiic.% Aci ?01 l. Ihe Chariiie> IAcLounis and Reports) RLstsulaiions :OOg. and the proiisions of ihe consiill]iion. The trusiees are also ￿SPO￿51b]e lor salefpuardinu the a55ets of the charih and hence for taking re&%onable sieps for rhL prei'eniion and deieciion o( frauil and other itreoulatities. The iru5tees are responsible for the maintenance and inie?riTh of ihe cory)orate and financial inforn)ation included on the charitable compani's i%¢bsiie_ Le?isI￿10n goi'erning the preparation and dissemination of financial 5tatemenis mai dkÈler from legislaiion in other jurisdictions. Appro&ed b!. the irnsiees of (he chari(!' on ?9 Ociober )Oli and signed on is behalf b!.: Mrs L Lindsa Trllsl¢¢ Page 7 Blandfonl Forum Charities Independent Examiner's Report to ihe trustees oCBlandford Forum Charities I report to ih¢ trustees on mv examivotiw of ihe accounts of Blandford Forum Charities for the )"¢ar ended _ larih )0? Responsibilities and basis of report A5 the chariii irnsiees of Blandford Fornm Chariiies iou are responsible for the piepar3tion of ihe #ccounis in aciordanie iijth the requiremetts of th¢ CharLILes.4a :01 I l-th¢.4il'l. I report in rtspeci of m} eiaminaiioD vf the Blandford Forum Charities 2ccounis carried out under section 14) of the ?0 I l Act and in ¢amin¥ mi t￿￿nI￿ation I ha%.e folloMed all ihe applJLablL DireLIion5 giien b! the Chariti. Commission under secii(In 14ii 5Mbi of the Acl. IDdependenl ex*miner's statement Since Blandford Forum Charilies '$ gross iniome exctL"ded £!iO.OfMJ l'our examiner rnu51 be a niember of a bodN li%ted in section 144 ot the ?011 .4¢t_ l ionfirm thai l am qualtfied to undert2kt ihe e.xaminatian beLause I arn a memb¢r of ihe .-Issociaiion of Chartered Certified -ILcoiiniariis. I4hich is on¢ iil.lhe 11sitd bodies. I have compleied MY tvwnillation. I confjrni that no material matters haie come io my attention in conn¢Liion "Iih the e.xaminaiion 4?iving rne cause to belieie thai In ani maierial Te5pect'. accounting r¢cord5 W¢WE not kepi in respeci of Blandford Fotum fhaTities as required b% seciion 130 of th¢ ? Ihe aciounts do not aCl￿rd iiiih ihose records." 01 the L2Lcounts do llOT cornpll" Mith the Jccounting requirements concernine the forrn and content of aL¢ounis set in Ihe Chariiies 1.4ccounis and Rewnsi Rt.. ulalion5 008 other than requiremeni that Ihe accounts ¥ii'e a 'irue and fair iieirf which is J￿1 a tnaller considered as pan of an ind¢peiident examinaiion. I hale no concerns and hai'e Come Jcross other Matte￿ in conneciion wilh the examination lo M'hirh atieniion should be drawrt in this rewrt irt tsrder IL) enable a proper utiderstanditkg of ihe accounts to be rttsched. Irs S .4 Harne%' Chartered Certified .4ccountsnls and Reoistered.4udilots Ihe .4ssLKiation Lif Chartered Certified .4ccounLqllts ? I Ilarket Place Blandford Forum Dor5el DTII 7AF October ?0? j Paoe 8 Doc ID.. 5112ca524710f9101dldgcalafe9f26fSDb516a3 Blandford Forum Charities Statement of Finydncial Aetii'ities for the Vear Ended 31 March 202) Total Ilnrestricted Restricted Endowment Ineome gnd Endoxments from: Donaiions and lenacie5 Charitable aciiviiies lllvestment in¢om¢ i6.47) 36.473 •40.74? ?7.9 j4 19.446 6_3? Total Income ?7?.689 05 169 Eipenditure on: Charitabl¢ aciii Ities 194.74 Total Expenditure Llnrealised gains losses on InN'¢51Tnen¢ asseT5 1194.741 114.7?61 Ntl sDcom¢.leNpendiiurel Gross transfer5 beli￿een funds 87.074 1450 77.10_1 22 Net Ino%'¢rneni in funds 90.406 77.10.: Reconcilixtion of funds Total tunds brou¥Trhi for¥iard 660.039 1.08i.999 Total fund5 carried fonvard 7iO.44 90.714 Restrirted Endow"meni 2024 ole Income #nd F.lldoMmeNts frorn: ChariiablL aLli% Ilies Iniestment incorne 216._•69 18.179 16.1?7 9.196 619 Total Income 619 l(IU.41)0 Expenditure on: Charitabl¢ act]￿lli£S ?07.7)9 1!79.41?1 Total EXpe￿dIt￿re Gains1055es on investm¢ni assets 176.68 j 1)?9.41? 1.9)8 Nel income Gross irdnsfers beiwten funds ?? 7U 1ry6?01 Net tnoN'em¢nl in funds 6i.392 Retontililtion of lunds Total funds brought tornard 6:0.798 380.510 1.07? 606 Total fund5 iarried lorward ?? ()60.0.- 40:.7_; 1.08) 998 .All of the charity"'s aLllI'iti¢s derii"e from Colllinuin￿ oprrdtions during ihe aixjle periods. The ￿￿eS on pages I l 10 ?4 fomi an iniepral pan of these finaneial siaiements. Pagt 9 Blandford Forum Charities (Registra¢ioD number: 2308.$3) Balance Sheet as at 31 Nlarch 202 2025 2024 Nole Fixed a55etS Tangible assets Invesiments 1.037.544 1.028.)09 497.gi8 14 1 4?8.7S? j76.147 Current a￿sets Debiors Invtsiments Cash at bank and in hand 48.891 786..748 j6.351 2i7.iio 708.00? 17 571590 477.684 Creditors: Amounts falling due withiD oDe l.ear 18 164.51 ? 133.488 Net Current a5S¢ts 507.078 4J9.196 Total gS5ets less Current liabililies ?.Oi£ 8iO 1.965. j4 j Creditor5: Amounts falling due *fter more ihan ont i.tar 19 16.0001 ProTrisions ?0 1148.)?? 1148.9i91 Net a55els 1.887.£08 1.810.404 Funds of the chariii: Endovi ment lunds Restricted iDco]ne funds Resrricted funds i90.-$14 402.7)4 Unrestricted income fullds Llnrestricted ￿ndS Oiher reserves 750.445 7?4.406 660.Oi9 7?4.406 TL)ial unreslrlc￿d funds 1.474.8£1 l.i84.445 Total funds 1.887.i08 1.810.4fl4 The linancial staiements on paues 9 to 74 were appro%ed bi Ihe trustees. and authorised for issue on 79 (kiober ?025 and signed on iheir behaifbi.: Mts L Lind5ai Trustee Hickish Trn The notes on paoes I I to 74 form an inie4ral part of these financial sthienienis. Paiie l O Blandford Forum Charities Iyotes to the Financial Statements for the Year Ended 31 March 2025 1 4c¢ouniing polities StateTNeni of compliance The tinancial sialetntnis have been prepared in aciordance ivsih -.4cLouniin& and Reporting bw Charities." Stat¢rneni of ReL'oiiimendtd Praaiie- applirabl¢ to ch8riiieS pre￿ring their accounts In accordance Mirli ihe Financial Reportin¥ Siandard applicable In ihe LK and R￿UbliC of Ireland IFRS I O? seeiionlA. effective I JanuaTh ?Olii- CharilLLS SOIiP IFRS 10: 1.41 and the Chan"ti¢s.4LI ?01 I. BASIS of preparation Blandtord Forurn Charitie5 meels th¢ d¢finilioth of a public benefit eniih urhder FRS 10? IA. .4ssets and liabiSilies are iniiiall) recognised ai hisioricai coll or trdllSaction &alue e.xcept as disclosed iji the relelant accouniin(p policie5 cerraitl itetns are ai fair ialue. The financial siatements are prepared In SieTlin£ iithich is the funciional curreTbC) of the enitis. and rounded io the neare51 1 GBP. Going ¢on¢ern The tru5tetS f01151der ihal theTe a￿ no m#ienaJ un¢ertainiies about the chartty s abiliry. io conrinue as a eoing conceTn. Income #Nd tndvwmenls 'olllntar) inLome inLluding donations. gifts. leEacaeg and orants thot proi'ide cor¢ fundtn? or are of a oeneral natur¢ Is i¢¢o¥nised Mh¢n th¢ ¥h3[l￿. h35 eniitlemeni lo the inroxne. It 15 probable the iniotnt ivill b¢ receil'ed and the arnount can be med5ured ￿1th sufflciem reliabiliTh'. L)ortoiions llndleR&Ci Donaitotis and leoacie5 arc rccogniscd OD a rLYciiabl. basis thhcn r¥¢¥iW is probabli and th¢ amL>un¢ can bc r¢liabl% measured. Ini'e.siniefti inc'ijme Dividends aTe re¢ognis¢d ort¢e th¢ dividend has been dtclard and notification h&s been received of the dividend due. Chllrirahle artii'itie% Income from chari(abl¢ a¥itiilL¢S ar¢ re¥ognised iihen the charih" has an entitlement ￿ th¢ ￿ndS and anj conditions linked 10 the Income haie been 11 here perforniance condirions are allached 10 the In¢otne and are iel to be m¢L the income 15 reiognised as a liabiliii 2nd Iniluded on the balance sheet as defetred income to be released. Eipenditure .411 expenditure 15 recognised once ih¢r¢ is a legal or con5mictii'e oblioaiion to ihai e¥pendiiure. li is probable settlement Is required and the amouni i?n be measured reliabl!. .411 costs are allo¢aied to the applicable e.xpenditure headiTrg ihat a¥_4re4are sÉmilar costs to that ¢aT¢¥Qn. I4'h¢ie costs cannot be direcili allribuied io particular headinos the) hai'e been allL)Lated 2 basis IOn515Teni Myih Ihe ust of resources. ￿1th ctniral siatT cosis allocated on the basis ol lime spent. a￿d depreciaiion charge5 allLxaied on the portion of the asset-s use. Other support Iosts ate allocated based on the spread of stsff costs. Pagell Blandford Forum Charilies Note5 to the Financial Statements for the l'ear Ended 31 March 202$ (conlinued) Expenditure incliide5 thai spertt on the Cle￿..S Honorariuin. office telephone. Chaimian s expenses. and oihei o￿lLe e.Kpenses. Insurance i05ts dI￿10$¢d In the accounts include5 the Trustees Indemnit) Insurdnce. Support ¢oss haie been alli)cared betsveen ihe Blardford .4lmshouses lJf*l..4ppreniicÈng and Edu¢aiion FLiundation tyts. and Rtljef in Need i... Choritoble aL'llI'iiies Charitable EipErtdilure comprises those iosis incurred bi. the charih in th¢ delii'¢rv of its aaii'iites and services for iL5 benefiiiaries. li irtclud¢s iK)th costs ihw can be allocated direcili 10 such aLiiiiiies and Ihose Losi% of an indirect nature neLessar> io SUPW>n them. Granl ewndilure Grants are aw?rdtd by ihe Blandford Forum .4lnishou5e Chariti. Relitl in Ni eed Chariti. Appreniieing and Educational Foundation and T.E.D. Georne Fund io indi￿ld￿alS in accordance iiiih Iheir objecTiies. Grunlproi'i.TlQ115 Proki5ion5 foi ¥irants are made ilhen the iniertiion io mak'e a grdlli has been communicated to the reeipieni bur there i5 uniertain￿. about either Ihe timino of the urdtli or the aniount of grdni pa)'able. Support tosts Support C051S tnclude cenirdl funciions and have been allordted io aaiviTh cosi caie¥ories on a b￿lS consisieni ith the use of resources. for e.kn7mplt. a]k)catin¥ pn)perti costs b% f[￿r areas. or per tapit& staft- tosts b) the time spent and other costs bN their usa¥e. Governance cosls These include Iht C0515 attribuiable io the ihariTh" 5 l￿Mpli8n￿e ivtih consiin]iional and stsiuiory Tequiiemenis. including audir. 51fdie8ic managetiieni atld trnstees, meetings and ￿ITnbUr5td eNpen5es. Go¥ernment gr*nt$ .4 Housirt¥ .4ss011)tion Grani was receiTred in 1981 io partlN Me￿ the ¢osi of the improi"¢m¢nts at Barnes Home5. It is r¢paTrable. Irrecoierable I".4T IrreLOI'erable I'4T Is Charged agains1 Ihe caiegor) of resources expended tor m.hich tt was incurred. T#x4tion The chzrity is ¢onsidered to Pass ihe iests set out iji Pa￿[aph I Schedule 6 of the Finance ALt ?010 and therefore it rnects the definition of 3 ehariiable iompallN' for LK Cor￿rdI]0n thx purposes. Accordin(Tl)'. The hariti is witDiiall% exempt from t&xatioth in Tesp¢a of income or kapiial gains Tei¢i%'e4J ￿lth1￿ LalegoTie5 ¢o&ered bi Chapier .? Pan I l ot iht Corwraii(bn Tax .4a ?010 or Seciion 746 4)f ihe Tax#iioTh of Chargeable Gain5 Aci 199? io iht e￿en[ thai such into￿t or uain5 are applied eKilllsi%'el}' io ¢haTitablt purposes. Tangible fixtd asstt5 Tangible Iixed assets are recorded ￿ co￿. less any subsequeni actumulated depreciation and subs¢queni accuTnulaied impairn)eThi losses. Blandford Forum Charities Note5 to the Financial Statements for the l-ear Ended 31 March 2025 {continuedl The ,41tnshouses properties are shown at Cosi or valualion. The Cosi in¢lud¢s development expenditure partl funded bi a non Tep&Nable Housing Associatton Grani. The ialuation Mas estsbli51ied prjor to 1981. The shop al -19..'41 SaltsbuT)" Site¢¢ is iD¢lud¢d 21 ialua(iLM established in 1984. It 15 the Tn￿lee5, policN to maEntaith tht proptn! 10 sjjch a sthndard that its eStini￿ed residual ￿'2]ue is not less than the ialuaiion ai an) fFiven Lime therefore. no depreiiaiion is charoed. Depreciation and amortlS*lion Depreciation is proi ideil on tangible fixed asseis >Q a> to %iTtie off th¢ Cost or %'aluaiion. less ani esiimaled residual ialue. oier their expec(ed useful economii life as folloms.. -4ssei class FTe¢hc)Id piopenies Furniture and equipment Depreciatiou mrfhod and rate Strdighi line over £ l'ear5 Fixed asset ini'e5tThents Fixed asset Iniestments. other than pro¥ran1￿£ relaied ini'e5mients. are included ai marka Value ai Ihe balance sheet date. Reali%ed gain5 atld 1055e5 LnvesDnents are ialculaied as tjie difteren¥t b¢rw¢en sal¢$ pro¥¢¢d% and their InarL"ei %alue ai the 51an ot-the l'ear. or their sllbseqkneni LOSI. and are ¢haTua OT irediied 10 Ihe Siaieiiienl of Financial Athiwiiies in th¢ p¢riod ot disposal. L.nreali5¢d gain5 and losses represeni the mo%"emeni in matk.et i')lu¢s during the lear and are crediTed or charqed 10 tht Statement ot-Finan¢hal .4¢1ii i(h¢s based otl the markei %alue ai the Near end. Curreni asset itiitsiments Cyrreni assei in%'estments are Included ai the lo¥%"er of cosi and nei re8Jisable or makei ialue. Trgde deb¢oTS Trade debtor5 ale amounts due from contribuiions reieiiable ill the ordinar) course of bustness. Cgsh and cxsh tqlli%'aIents Cash aiid ias11 cquiNalttiis tomprise cash on hand and c811 de￿)s11* and oiher 5hort-tenii higli1￿ liquid invesinienis thai ar¢ rtadil} conieniblt io a knowm amouni of ia5h and are subjeci io an insi£inifiLant ol. Lhang¢ irt ialu¢ Trade creditor5 Trdde Credito￿ are obligations io pa). for o(>)d$ 01 s¢n ice5 lh￿ hai'e been acquired in the ordiThar)' Course of busine55 Iron) suppliers. Borrowings InttTt51-bearin¥ borroii'inJ are reiorded al fair ialue. Thet of ttansailLOn C0515. Inlerest expense is included in inieresi pai'able and sitnilar ihar?¢s. BorroMtnL5 are ela$5ifi¢(l a5 current liabilities unless the ¢haTir¥ ha5 an unconditional right to defer settlement of ihe liabilin lor ai lea51 ts4'el%e ￿KinthS after ihe Tewrting dJl¢. Page l_l Bland(ord Forum Charities Notes to the Financial Statements for the l'ear Ended 31 March 202) {eontinuedl Proi'isions for repairs to PTopertTr' Proi i5ions for ci'rlical and eNirdordinan' repaiTS are made the TnLsie¢s on the basis of e¥periert¢¢. the condition of the propeni¢5 artd ihe nLtnikr of ealh siie. For the purw75e5 of the calculaiion5 of the prtskisions Ihere are 44 propenies over i sites iall of ￿hich are over ?0 !'eaT5 oldi. The Trnsiees c}'cliial Tnaintenance poliL% includes external redeil)taiiotts elm fiNe sea￿ arbd intemal redecoration5 a5 required. Fund 51rnCture L'nresiricied income fund5 are general funds thai are ai'ailable for use at Ihe tr1151e¢s' di%retion in furtherance of the objeit5Ne5 of the Lharii%. D¢signaied fund5 are unresiriiled funds sei asi41e for speiific pur￿9¢5 ai the disLreiion of lh¢ tnLsiees. Separdie funds haTr"t b¢¢n sd up from l Nlarch 1991 io show the CIIF and ERF income separaiel J from Ihe general acLumulated surplu5 of th¢ Charity- this JnLomc has been set aside specificall) for C)"cliLai 4ainienance or Exlraordinarn. Repai￿ as appr(>pn2ie. The Charin s oenerdl fijnd can be applied. Resiricied income funds are those donaied for use tn a Wdrticular area or for specific putposes. the use of ￿hICh is restricied io thai area or purpose. The endomment lunds haie been proi ided on ihc condiiion that ihJ' be reiained rn order to generate ini'esiment incorne for the long term Deeds of th¢ pn)perti¢s. Income arisin£ on iht endoi%Thent is expendable and is dis(ribuied 10 Ihe generdl inCOTne fund of the charif)" in order io be speni. PensiOll5 and other p05t rtlirement obligations The chants iontributes 10 a d¢linid ii)ntribuli()n> pension plan operaied b) N'EST. Th¢ ass¢is L)f iht scheme are held sepaTai¢li from those ol-lhe ¢hatiT). The conttibution pa!"metts *e char¥ed to ihe SOF.4 in the period ihat IheN pa) able. Fithart¢i¥l irt$trnmeni$ Financial assets and financial liabilities are recogiistd Mhen ihe charits. becomes a pam to the i0nlrdc￿aI pro%'ision5 01-Ihe insiwmeni. .411 linan¢ial assas and liabilLTjts are Tnea5ured at transaction prict lincluding transaction costsl. Financial assets are derecognised whetk and ODI!" Iwhen al the coniractual right5 lo the cash floivs from the rinanLial assei tKpire or are s¢ttleJ. bi ih¢ iharili IraDsfers ￿ anoiheT pan). 5ub5LiniiallJ' all of the risks alid rei¥ards ot. oilnership of ihe tinancial a55eL or cl the charin". despiie havin¥ retained some. but noi all. 5i¥nJficant risk5 and reiiard5 of owiership. lias irdnsferred ionirol of ihe asset to another pam.. Financial liabilities are dereco8nised onl). w.hen the oblLgation sp¢cifi¢d iD the contract is discharged. cancelled or expir¢5. IniY51ments Iniestments irk unlisted shares are rn&￿1￿ed ai fair lalye thn)u2h profit or loss. 11.her¢ fair ialue cannot be measured ￿liabIl,. Investhieots art measu￿d at cost Itss imp￿[ment. P2¥e 14 Blandford Forum Charities Notes to the Financial Stalements for the l'ear Ended 31 March 2025 leontinuedl 2 Incorne from donations and legacits [Inre%trided funds Toial fund5 tk)naiion5 and legaLies- Donaiions from indii'idu215 i6.47i Total for 2025 3 In¢omt from chAriiable acti%itie5 I'nr¢siri¢ied funds Resiricted funds Total Total 2024 Almshouse Charity. Apprenticing &. Education Fotsndaiion Reliel-In Need !16..769 8.064 8.063 ?1 ry96 19.416 .496 The abo%'e iniome from iharitable aciiiiiies denied a5 follows= Blandford .41mshollse ChariTh from the ¥"eekli" MaJnte[￿n¢t ¢thntTibulions of the almshouse residenis. • Appreniiiing &. Eduiaiion Fouttdaiioii as an equal benefiiian of rent from i9,41 Sali5buTh Street. Relief in Need as an equal b¢nefiitan of rent from 79 4 I ￿ll$bUrI Stred_ 4 Inie5tment iNrome Endowment funds Permanettt I nrestrirted funds Designaied General Restricted funds TotAI fuod$ Interest reiei*able and similar in¥ome.' Ini¢res1 r¥Leiiabl¢ on bank deposits Other investsnenl income 806 8.796 ?.941 849 Toigl for 2025 Total for 2024 .6$7 9.196 619 ?7.994 Pa¥e li Blandford Forum Charities Notes to the Financial Statemenls for the l'ear Ended 31 March 2025 (continued) Net intomtngloutgoing res0￿reeS Net incomin¥ resources tor rhe ! ear in¢lllde". 102.- 2024 tkpreriaiion of tixed as5tts 1571 6 Expenditure on rhaTii#ble attii'ities I nrestrirted funds Restricted Total Total 2024 Almshouse ChaTity Apprenticing & Edu¥aiion Foundation Relief In Need Grant futlding of 140.049 140.049 14.1.6?4 5.1?4 5.1?4 9.?15 •.644 8.?30 41.391 SiatT¢osis AlloLa(ed sUPPOrt ¢osis 40.1£7 7.499 6.717 1.440 86 8.949 18.097 GoN'ernance cosis 7?9.41 7 An#lvsis of goi'ernan¢e support cosi$ Governance costs I nrestrirted fuThds Re5trirted fund5 TDt#l funds Indep¢ndenT ¢iatnitLer fees Examinaiion of ihe financial statem I I ltsdependent examiner's r¢muntr*tio 2024 Exatnlnation of ib¢ rtnancÉal s￿eMertts Other fees to exarniners All other sern'ices 12 T#%*tlon The iharii) 15 a regi51er¢d rharsty and is therefore ¢xempt from L￿allon. 13 Tangible fixÈd x&sets Land and buildings Furniture and equiprnent Total Cost Ai l April )0?4 Additions 1.077.697 9.089 8.719 -Oi6.416 9.470 Ai.) l NlaTLh ?0?5 -0_)6.786 11.100 1.045 886 Depreciation AT l April ?0?4 e foT Ihe N'ear 8.:07 1.3) 8.:07 At 11 Nlarch I et book value At 11 Ilar¥h l.O_A6.786 7)8 l.O.A7.544 -41.1 I Ilarch )ts?4 l.n?7.697 1.0•8.•OQ Pa¥e 18 Blandford Forum Charities Notes to the Financial Statements for the l'ear Ended 31 Mareh 2025 Iconlinued} 2024 PTopertits BaTn¢S Hom¢s Park Road .Ilmshouses John Iles Barnes Cottages -19 41 Sali5buTh Strert 4£1.6?9 )09.117 160.000 107.196 4) £ j9 ?09.117 60.000 107.196 )7?.901 60.000 166.7881 1164.-I841 .8841 Ryits Cottanes Letton Coiiag¢s Less.. HC.4 Gra￿t Park" Road Less.. HC.4 R)ie5 ￿model Less.. Housintt .45sociaiion Grant R¢liel-In Need one half share in ai 41 Salj5bur% Sireet ApprenTILlrtg and Education Foltndaiion one half share in sknp ai 39.'41 Salisbun Str¢¢l 77? 901 60.000 166.788 1164..7841 .8841 1.076.787 1.017.697 14 Fixed asset in%estn*nts 2024 Ut)lisied i￿￿eStments 497.9.78 Anal)'sis of fiTed asset ini'e5tmentS Cosi or l AlllaiioD At 1 .4pril ?024 R¢Naluatio Additions 497.9:, At 31 NlarLh ?O?S 4yI 708 Net l)ook value At.I I Ilarch ?0?£ 491 ?08 At 31 Ilarch ?0?4 497.9_18 P￿t 19 Blandford Forum Charities Notes to the Financial Siatements for the l'ear Ended 31 March 202) (continued) IS Debto 2024 Trade debtor5 2._179 6.008 18.965 Prepasmenis her debtors ?.4*8 48.891 16 Current asset iTrve5trnents 2024 Cash deposits ?17.iiO 17 Cash and cash equi%alettts 2025 2024 C&sh at bank ?36._3$1 )08.00? 18 f.reditors: f&ll&ng d￿e withiD Ollt 2024 Trade creditors -4tnounts due io ihe.4lmshouse .45sociation Other taxaiion and Social security O¢her tredito Accruals 4.?85 6.000 1.814 48.561 8.017 6.000 19.471 -488 Other borrowing5 Almshouse .4%9()iLaiion Loan with a carr)ing amouni of £6.000 120?4 . £12.0001 15 deT￿Minated in £ Sterling ith a notninal iDlere51 rale of O 120?4_ 01. The final iTh51almeni is due on ? l Nlarch ?0?6. The.A1msho￿se .4ssociation 108n is repa%able in biannual amounts of £.- Blandford Forum Charities Notes to the Financial Statement5 for the l.ear Ended 31 March 2025 {continuedl 19 Creditors: amounts fllling due after ont l'ear 2024 Amounts due to the .41mshouse .45￿)cEalI0n 6.0( 20 Proii$ions Re￿IrS and maintenance proi'isio .4t 1 .4pril ?0•4 Provided during the period Lltilised during the pertod 148.919 AE 31 Illarch ?0?5 2024 2024 Repairs and maintenanre proi"x5its ExiraoTdinar) Repair Fund C)'ilical fvlainitnance Fund Relitf in Need Repair Fwid AppreniLLillLI and Educaiion Repatr Fund 15.747 10•.456 l J8.9.; 21 ReseTre5 Capital Re5en"e5 At l April ?0?4 7?4.406 A¢ I l Nlarth *0?5 714.406 i Y rl t> Y C Irj ri m pi e4 tr- Blgndford Forum Charities Notes to the Financial Statements for the l'ear Ended 31 March 202* Iconlinued) 23 4n#lwsis of net assets behTreth fum Endo*rneDt funds Permanent TutAI funds at 31 Marrh I nre*iritted futtds Gtner*l Designated Re5ttittcd funds Tangwible fi.xed asse15 Fiitd asset ini'e5tmtiits 997.544 40.0(K) 1.037.i44 491 ?08 144 *45 Current assets Current liabilities ProNisKorts 1?1.6061 141.906 164.51? Totol nei assds -_)(J l )05 *90.i14 1.887.xQ8 Endov*inent runds PeTJn#nent Toial funds ai31 Nlarrh 2074 l.'nTestricted funds General Designated Resirieied fund5 Tangible fixed assets Fi.x¢d assei in%'estsntnts Curreni ass¢ Curr¢ni liabilities Creditor5 oier l i'tar Pro%isions 40.000 116.069 74.900 118.9661 1.0:8.?09 497.938 -684 134.881 i69.771 114.4? 16.000 I I IY.6701 16.01)0i 1148.9191 Total nei asse ??1 >iO 16:.89i 1.810.404 Included both ivithin Current assets alld ¢urreni liabilities as oih¢r debtors and other creditors 15 the accumulated amount of £41 906 1 ?0:4.. 18.96) i. being ihe ioial atnouni oiled beD%een ihe linked charities. Of this £10.700 ?0?4.. £j.100 I r¢lales to C &. R Pin's surplus Th￿ 15 011.ed ¢quall) to the Blaiidford Forum .41mshouse Charify" arld Relief in Need. iyith the balance of £., -06 1)074.. £lj.6641 due io thi unrestricted funds of the .41nJshoiise Charity for ¢xpendiTure iniyrred OD behalf of the linked chariiies. 24 Related parti. transx¢iion$ The Apprenticin¥ and Educaiion iharih a￿7rded ts40 iolle£e burs2Th ofdnts of £1 1$0 each io two Child￿rt ot. a meiiiber of 5tatT. Th¢se were awarded on an anns length basis. P￿¢ 4