Charlty rngkntratbtsh numb•r 2311x7 (Engl•nd Ind W•l••) DAWSON'S COThAGES ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
DAWSON'S COThAGES LEGALAND ADMINISTrATNE INFORklATION Trusto08 MIB K McSkhnmlr¥J Mr P S ICt•r) DrJJWrf MrnA McKanzl• Mrs I V Evmrt qrnCFT8Ab (W•d 1 May 2025) Ch•rty numbw 231087 Barrd Cath CCIty Dwfffjm DL12 88P Ind•p•ndont •x•mln•r lJ FCA Syk•sAud* Um 5 CIo#o 8hopAuXq Co Durham DL14 6V41
DAWSON'S corrAGES CONTENTS Trust, r•port N(th k+ th• lIn•Ill 8-11
DAWSON'S coAGEs TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 fbi%W steme arxl cOmY ith tr charfsA¢I 2011 and "Acc4Mting •nd R•wbng by Ch•ftth.. Slatemfjnt R•wtiry Starthrd th• UK •ThJ RwLt ol IFRS 102)" (eff 1 January 2019). tru8t8H hav• ld rom to gLId IMLYAI ty tt Crity Cwmls•lon m wblc nefft in (l•cldirvJ avitIe• the ch•rfty thoukl wxknrtak•. Achl•v•m•nt• and p•rforn4n FlftaTrcknl rnvl•w Durfr4 th• ywr CP• h1 rnlntvwK• rKfjlv8t4e totsllw £34.147. Tho ¢wlty g#rnrat•d a rplu8 of £17,981 durfng year £3.120 was du8 to an Inue•w in value of tho invoslments. Al 31Jt fJKemb•r 2024 lh• Chgrlty hokl not awr•nt d£46.895 Inv••trnwts ¥alu•ol at £89,883. Th• company h•8 M fomw r•••pM• trwt•M vuld IdY Ilk• to r•Brn• to ro8•pM• of£116,578 •xe•• cdtho w#uJhJ1•4•18 To ••t h•v• • m•rwl rhk fur th• Chwity a• as ¢¥pltl nKlur•. gov•m•nc• •nd m•nag•m•nt Th& Charty 18 govwned ty th• Sclw cl 23nl SdFé•thr 1W y•d ty Srknm• dated 22nd Dr M R MCL rfre••urw) Mrs K McsMn Mr P S Ing (Chalr) J J 1t0 MrBAMcK&Yle Mr8 I V Ew•t (ApF1y 1 May 2025)
DAWSON'S COThAGES TRUSTEES. REPORT (CONTINUED) On• ty 8foW CourK41.
DAWSON'S COThAGES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DAWSON'S coAGEs I r•port b) the truBl•e8 on My e)xnirthi (rfl aE•ments of lthè ch•rltyl for lh• y end8d 31 D8comber 224. R•1b110tI•• and b•th ol rnport th6 w¥rnm•nli of1 c68Act 2011. l Twt kn rw>•ct of my •yamlnthi ol Ihe (•W• frlI1 at•m•rrt8 wi•d out ler 8ecaion 145 (rf tr Ch•rltt•8 Acl 2011. In catyNJ wt my efflati I fol(Y4b•d ts fxr8Cth)M glv•n by thè Chty Comm188 dor le 145(5Xb) oflh• Chath•kt 2011. Ind•p•nd•nt •xamlMff• •tsl•m•nt I h8¥0 Comtted my èxaminakn. l It1 no m8ttws tth• c¢Th to ry atterf( In wmh th8 •yJminalfon m• lo that w) nw•ii•l rwFrtt.' accourttng records V•W• fb2t ruFCt ol the ¢frwlty •s 130 of th• ClwlU•gP%t 2011. fffl•nd•l st•t•ffl•nts do rnt comFty th• wk4t40 th• fom •TrJ content flmndal •tot•fflents W out In Chanlkn and Rop) Rogn& 2008 othef than ary roWr•ment IW the lInlIa1 ¥lt•m•rt8 grvo a aThJ falr th¥. Is 1 • rnart condernd 08 P•rt cl •hould drawn In tth r•wt In xdw kn•n•tAe a ¢fth• fift1 •t•tom to b8 r8acheAI. Mr J FCA Indwrthnt •xamlr All•n 8y*¥ Lhn#•d 5 Hermon Clo80 South Church Park BillyAucklI Co DwhAm OL14 811
DAVVSON'S corrAGES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOK AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEAIBER 2024 fvndB Inv••tnw 34.147 30.911 305 Tot•1 Incom• 34,730 31,2e8 Exp•ndllur• on: 19.869 17,636 Totsl •xp•ndw• 19,869 17.538 3.120 7,155 N•t •nd movthrt In fund• 17,981 20.885 R•¢oncllrtkn affuhd•: Fd at 1 J•nu•ry 2024 Pund b•tsnc•• * #1 D•¢thkn•r 1024 97,597 78,712 115.578 97,597 The thtornnt rf financw acbvlt• Ir¢hJdM gth• T018•1 kn th• y••r. AU Ilwl0 •xp11U1o
DAWSOPfS COThAGES STATEPrnIT OF FINANCIAL POSITION ASAT 31 DECEAIBER 2024 86,783 12 at bar in IWKI 23.$16 8,148 8.731 47.135 31,794 13 offi•yMr 11,440) 1980) 45.5 30.834 115.570 97.697 Unr•th*l 14 114578 97,597 115.578 97,597
DAWSON'S COThAGES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 A¢¢ounUng pgllcl•• Ch•pKy Inlonrntlon DaYon's Cottages io a bent aNI a regItte charty li England aThl afMI Is unkwu•ted. oddrem ol tl thTre li 84 mts1b) R1, B3mwd Cathla, Cowty Dufham, DL12 8BP. 1.1 Accounllng tonv•ntton Tho lIn•OI ytgtwn•nts have b•frt) Thh I Charlo AGI 2011, FRS 1(Y2 Tr F(nancl•l St•nd•rd aptylcablo In IM UK Rwutc of Iréland. I'FRS 1021 and tho Charltio• SORP 'Accowthry and ReF1n9 ty CttafNlo& Stattylt of Rfrtomrnw#J8d Pr&b"c• applica8 to tharltSe• Prera their in xc4rd wilh tr• Fan(l ReFNtlng St•thrd pleable in th? UK and Reput4ic of lrnlarhl {FRS 1021. {aff•cve 1 JwK49ry 2019). The chailty i• a Ben Entity A• dthed by FRS 102. Tt fln•rKIol8t8tern1 hrn d8plthl from t Charltle8 IAcoxnts and Rep) R•wFlon• 2CQ8 orty lo •xtw rewired to wklo • #nd l•r ¥i•w. This dyrtwe Iw• IrNdved fdlvhyng th8 Ststement of Recommd0 Pr4¢lk¥ tr chwrtte8 aprAylng FRS 102 rther lkn lh• vwsk)n of th• St•temgnt of fln8nctsl •tatsm•nts •r• propared In 4thi¢h IB thè f(xtsx•l of th• ch•rtty. mOrty •mtt In thM• Itn•ncid 114t•mts we T0xIa to tho T011 £. The flnwKl•l •tat•mts ha¥• b••n sry•rd under h181(1 ¥nIn, mc¥1¥d to iThaudg thè rwaluatton ol CWtsin Inthimthts at fatr Th? prlncpd aC£wn9 polaol•J adopknl gre bo1. 1.2 Golng At Ilme of apwo¥ing th fInlI1 stat. the tNstM8 a rBa3onable expec•tkn that the th•dty to athpt ts lyng corwxAn 01(r In prapw& th• fln•n(xal •t•tn•nty. la Ch•rtt•bl• fvMI• Unr•8ffictsU w• avdlobl• •t th• dlKreiOm of th• in ¢1 th86r ch•rttable R•th¢l fundB ar• •w to Ipecffic condNice4 by d(WKXS or gr¥rtQFS 4$ to h(Ml fv may bè Ud. Thè PWF4Js8 •rKI Oft roqtrlthd CArt in tho the financaal 91a1•M. EThlrJhTllgnt fid6 Ar• to by rMx• Ih•l th? rnphal musl be m•intaThd by th6 hadty. 1A Incom• Inc4)me r4 re4>¥nlW tr Crty i• Wly rAlill8d to It altor •ry pbrfmrth CdItni bts mo( the can bg m604nd rnhabty. and * * probth1hat in(x¥nelll b• f1*d.
DAWSON'S COTTAGES NOTES TO THE FINANCIAL STATEIENTS IcoKfiNUED) FOR THE YEAR EAIDED 31 DECEAIBER 2024 (Contlnu•dl 1.5 ExPdM INrd party, rt18 wobabl• Ihat • tr¥rnf•r ol ¢J bwefft• iH te qred In sellJem•nt, arthl thè amount obHwdon be me•8ur•d rellty. Exp•rdlbx• i• clamified by a&1. Tho t4 of are rnr•Je af the ithl of dIt C08ts and eh• co@ oath advity. Dlrnct co3ts 8ttrlbulJe to • Bingt• •¢llty ar• aleL•d dIrY tv that Sh•r•J costs eontrlbu¢e to moro th on• Kvity and •upwt •r• not attritxA•bl• to • thty ar• Apprybtsd •¢ti¥tt8 on • bMI8 con8lthnt V•rfth th8 of rowLYC¢•. 1.8 Flx•d ••••t In¥•¥lm•nts Flxl ass•t hYmtm•rt are wiill•ty mo•twwJ It prlce exdudhg trThthon c>)8tB. and a uentty rn•8wred at fair v•lue at boch rffYts'rwJ date. ChArw fwlr valL are roc4>Jnl86d In n•t 1.7 Cmh and c••h •qulv•l• Cath •rKI cath e••h h P•rMJ. hdd at calf lth twk8, Oth•r $hort.term Ilqubd IrN•stsnent• vAh ortft M(11¥ (rf thrw rnontr or I, 8fKI bank 0rft$. 8ank 04wdr4ft• w• 8 IA Flfi•ncl•l In•tnThnl• Th• th•rfty hM• •bthd ta of 11 'B••k Flmncid knthwn•nt•' ard Sfthn 12 'Other FlnaThl InthmentsI•6u, ¢1 FRS 102 &7 al ofbts fffiwKa•l Inthts. 8asK fin8ncl aswts. dth v•J lfv tAl•rK•8. •rn Inllhlty moJ8ured transactton prlc Irlduty cc4ts •nd we at coat u•ing the offectr inl•r•81 m•thcKI unfes• Iho 8rr•npmert cOrtIl a fln'n9 trarnad6on, wh¥0 tran8acb.on 18 meaaurtsl at tho ¥u0 of th• fvtLTh th8courtrJ • mathet rat? of ht••L Fknandal •888 da8sffl&J 48 wtthln nL B48t liatr1"10 inclw•ng w•1 loTh w• inMl•ly at trw••don prfce unle8Q the arrwgemarf con8lttyrt•J a tr4nsxtx>n, the d•bl knstrumenl 18 maa8ured •1 the pr•••nt vae of th fulurg Fwymtrrts thcrAmted at a ry4rk•t FlrhTATr l•bHttbN da•81119tt •• pgyabla Tr•Jè ¢redit(n •re olon8 tg wy for goods or #wt baon wuyed In th• cour0• of OPW4tbns fr¢ffl p[Al#s. Annts payatlb 4r• ¢186Stffed as oJrr•nt 1iatrlltts rf p8ymert 18 duo within one year or I8. If tw w• •8 1w-¢Wt flab11 Trad8 Cf•thtrys are rwniB•J Inhi•lty al CrfO¢•l 4ccouRllng lkn•to8 and Judgmnts In •p¢•bo olts iJwW¥ thg tru8tths are rwjwod to make IgeMlI. fjstimat88 and aBsumpkns •b(MJt the caThwrNJ amLrt of 888•ts aThJ ttr•t not rngdity oFparent from oth are wni8e#J in th8 wiod eth'mate IJ rv4iÉ•d thg revl$th affects tlY that peiX, or In the ol a)d ftrtwg poNc*Js th• WSK>n affecis bolh clxrent and firturn
DAWSON'S COThAGES NOTES TO THE FIP4ANCIAL STATEIAENTS (CONTINUED) FOR THE YEAR EIIDED 31 DECEAIBER 2024 ¢T•br• a¢tlvR Pmision & Provlslon & Min4g•m•ntol Ilan•g•m•nt of 2024 2023 34,147 30,911 Unr•lltsd Unr•¥trlcl•d fund• fundB 2024 Othsy Income 188 417 162 193 355 Pvovknlon & Provl•lon & lkInt•M• Al•lntsMnce ol of AJm•hDM Alm•hou••• 2OZ4 10.528 9,801 1.283 4,213 Legol & wofw*Jn 6,020 18.008 15.883 Share olgovwnm co8t• Iw• 6) 1,783 1,8S3 19.869 17,536
DAWSON'S corrAGES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EPIDED 31 DECEAIBER 2024 Support co•ts •lloc•l•d lo KIMI*• Total 2023 2024 1.783 1,853 2024 Lgg•l WKI pfduiiorAI Irdent txarn18 fw• 823 980 270 1,440 343 1.783 tharfty dlng tho Y1. 2024 Nlr 2023 Numb•r Galm •nd lo•M• M Inv•thnl• Unr••trlthd unr¥¢trd nd• fund• 2024 2023 3.120 7.155
DAWSON'S corrAGES NOTES TO THE FINANCIAL STATEhlENTS (COIrnNUED) FOR THE YEAR ENDED 31 DECEAIBER 2024 11 Fts•d ••••t Inv••lThnts Llst In¥••tm•nt• Cot Of valuallon At 1 Janu 2024 e6,783 3.120 At 31 DOc•mr 2024 CaThylng amou At 31 Dtt•mb•r2024 89.883 At 31 O•c•mbw 2023 88.783 12 D•bior• Amounts f•Hlng du•wlthkn on• y••r. OtherdalAorn 2024 2023 38,404 13 Crndltorn: •mount• f•llng du• Tllhln on• y••r 1,440 14 Unr¥trlct•d furn1• Uw•sldC furth ofthe th8i#y Iha uneywrKl&J of donalion$ and gtI vl4th ¥• not iubj•ct to Spwftc condthcrn ty dcTh)rs •nd as to Itv may b8 uwd. Thèbè irK4udo At l J•nu•ry Incomlny Rere•l G•ln8 and 2024 rn•ourcw •wnd•d At31 G•neral fundl 97.597 (19.889) 3.120 115,578 Prnvlw• y•r. At l J*nu•ry IncoThkng G•lM and At31 2023 76,712 31286 (17,5 7.155 97,597 10-
DAWSON'S corrAGES NOTES TO THE FINANCIAL STATEMENTS IcotrillNUED) FOR THE YEAR ENDED 31 DECEAIBER 2024 Thwe were no ddo&th rdated tr•n••dm dww¥J tr yoor12023. rKY*). 11