The Friends of Dorchester Abbey Annual Report and Accounts for the year ended 315t March 2022 Contents Trusteeg Report Page 14 Statement of Knancial Activitses Page 5 Balan Sheet Page 6 Notss to the Accounts Page 7-9 Independent Examinerfs Report Page 10 Registered Charity Number. 275819
The Friends of Dorchester Abbey Trusteeg Report for the year ended 31st March 2022 Registsred Charlty Number: 275819 Principal Office: Dorchester Abbey Rertory. Dorthester on Thames. Oxon. Objectives and Artivities Indudin% all asxKiated bu1 7Mtlwn tl rtIlae of the Ab mrxls. In particdar. the Trust use5 rts membership. There i5a15oasuBrouPLal1edThe BearfQrelety.TlQSelatt¥ernl paya sulwiption of a minimum of £140 per annum. Eath subsuiption C(tIt a donation to The Friends of 00rdster Abbey. The Friends meet n(&slI¥ &i3r[S0cIa1 e4ents and irysits to places of historiral interest. Structure, Governan and Management Trustees The Tr4ESte25 may be between five and t•fr in wmiET. Dwing Ye the fl41lng 5eT¥ed a5 Trustees: Hr). President fjs5 G•lThom35 Ridwd Di& (Chainnan) trjohn Ta)tr Ch•mwn)
The Friends of Dorchester Abbey Trusteeg Report for the year ended 31S1 March 2022 (continued) Trustees {conti1Md) Mr TrridtJenki IHon. Tsr&I Dr David Parker Achievements and Perfomian Throughout the ar The FTiends ojrtlnl w(Yking to supp¢rtThe Phbey. We thank the Reverend Canon Sue B(ws. who rfired frLMh her role an ex4fJcio trustse on 31" January 2022. The trustees a nwstErateful for her great supportatxl valualde inixit o%Er 20 years in offic The trustees also thank RithaTd Dicvs office for its secretarial 5upporL: irthed. we thank all the trustees and officersfortheiT work over the ). Subscriptions received in the yearwere to the Frid$ and £6.785 to The Beauforest Society. Donations of £2087 and a sdlstanttal legacy of £50.IJ(Xl were received durirvxthe year. On the 0going side. various payments have been made to PCC dwing the >Ear. A totsl of £33.308 was paid for tharitable activities mainlyto D<¢hester Abbey PCC to support the Abbey throu the Co¥id-19 wlth a prticul emphasls on maintenarKe matters indudinga contribution towards the upkeep of the irKluthrythÈ hèrb Eat Gallery in the Abbey. The trustees have agreed thaL rfthe Project becTrnes feasible with all the rèlewdnt ct)Trsents. a mntribution of aOO.000 will be made available towanls the builrfiTrx cost& Any afteration5 to the Guest H¢)use *e regarded as a Serate future project and there are no current proposals beiTE considered bythe trust Page 2
The Friends of Dorchester Abbey Trustees. Report for the year ended 31st March 2022 (continued) Achievements and Perfonnance (continued) There wa5 a net increase in the value of ow in%wbnents overthe year of £4,883. Our reser¥es at the arlld We made up of a DesEnd Emergency Fabric Fund h¢Ading £50.1]0. and the Edith Stedmn Endryfftrt Fund Iltt& £5.(M)9. The remalnlngfumls of £313.933 are In an Unyestiicted GeTaI FWML Due to Covid-19. neither the nual ou¢ing nor the Dor¢hester lecture posslble although the BeaufoTest SeThI vrns ab(e totae Reserves Policy The trustees have pre¥iou51y agreed to hdd £50.(KIO a5 a De51yted EmeTPfV Fabric FUNI. The Temaining funds are as detailed above. Going conrn and Covid 19 The tNstees have considered the po551e effett of c1&19 and consider that this pandemic will neither result in any material redurtion of inwme nor have any ad¥erse effert on the charity as a going concern and c3rrylng out its charitable acti¥ibe Risk Management Since the role the charrty 15 to rnifwd% the rest(nti(M arbd repairof Dorthester Abbey. the main risk is of 5ub5tsrtial dedine in the level of donations and income from investments. The trustees aim to maintsin a le¥el of iOme ¢or¥lstent with anticipated of the Abbey. Public Benefit guidance on publit benefrt published undef Secti 17 of the Charities Art 2011. The tntstees tonsider thal In helpingto CLYÈserYe the fabric of Dorchester Abbey. a5 laid out In pardgraph one of Objettives and Activities. the Friend5 activities support the Abberfs ministry and therefore provide publi¢ bÈnÈfit actessibteto all. Plans for Future Periods The trustses intend to continue their presort poli(iesand practios in the pèriods ahÈad.
The Friends of DorchesterAbbey Trusteg Report forthe year ended 315t March 2022 (continued) Responsibilities of the Trustees The tharitrfstrustees are resp1b1QfOT preparlngthe1neeg Annual RepDrt and the finda} st3temet7ts for Vdth finartsal yÈar. Undèrthe lawthe tJEtste& elerted to piepart the firlat statem•ts in accord[th financial Reporttng StaThlard 102 Th Yinancial RÈporting Standard applicable TETrthe UK and Republic oFIretaMf IFR5 102) and ts Chrilies XIRP 2015 ISORP 20151.ThÈtnw not appro¥Èthefirt2ntial Swwrtts urdessthey * 53tisfied that they arè a trneandfalrview ofthesw ofallolrsoftte dwiw•xl the eXtnd1re otthe thariwforthatwrod. obsenEthe rftethotsand prln(i¥d&s oftre Clrarflwes g)RP2015: state TAhether appkcable accountÈngstsrrflatshave beenfoJltr4Ed. subiettto any material departure5 thsd05ed 8nd explained In the ftt)w¢tal stateTrts: prepare finaFKial serrtS onthÈ going conom unless ittsiftapwprÉatÈ to presume thatthe dmritywill contlmte In owatlo with the th2fittesArt 201L They are akn responsEbFe forsafw3rdingthe a55ets ofthe tharity and hence for takingrth8sot*b stepsforthe pre¥entton and deterfion uFfraud and other Cknmian P3p4
00 r4 O rTr) th O ¢ *4 0 IQ ITI N (IJ ¢hl
The Friends of Dorchester Abbey Notes to the accounts for the year to 31" Marth 2022 Basis of prepaTrtion offinanoa 5tlts The finarKial ststements have been wepared to g¥e a andtairf and ha¥e Ped from the cost ortransartton value unless 0r¥11se5tsted iTrthe relevant notestothese auounts. The finana31 statements have been prepared In accordan with the Ststement of Recommended Pr11.. Accounting and Reporting by Clwities prep•riffgtheiracc(wThts in accOntan with the financial R4wting Standard aprAIle Inthe UX arnl Itewblic of Irela IF115 102) issued OTr 16Jthy2014 and nancial ReyAting Stsndard applioble in the United Repth¢ of IrelaThl {FRS 102) and 0ritIeS Art 201L Fund A(CnO8 Restritted funds are sth]ertto restridiLwts on their exper¥frtwe yufied bythe dDI¥jrthrh the tern of o raisi initrats¥e. tharity. on lrtcome wll be minimal anlithereth. Itistheiy opirmon ththe goi ljasls forthe prepaTrtion Incorne All income is reCWtrs in the statement thfirwKial ¥ti¥itses (SOFA) whenthe drty 15 entitledtothe income aml the amcrfmt cai l qu•rtified with re¢RaAexcuraqT.The foll(yh4N6wufic pjliaesare applied to spetificceEoriésof incorne: a) Volimytwy irtome recei¥ed Iywayof yarts. dOtI(ftS and substfsOiLvts is induded in fvll they relzte. d) Theya1 ofaryTffj1ttter help 15 ti[l ind*a(¢owrt>
The Friends of Dorchester Abbey Notes to the accounts for the year to 31st Marth 2022 (continued) Le8adesare Iwluded InThe ststrnrtofFlnaNiafJlcMie5wkn receiOtsw(thM¢ that IST#rtntt has been ExpeNkne is probable that 3trarler0f e(urnI( benefitswdl reryNrÈd in setU8hart and the am£xmt oftheabligation tan andis reported as part0ftheexpWthtoW1treIate> reccwsed InTrStatementoFFlnaMial Athiti theyearof£2qlml202tr. Enl 3. 5th(xiptits cornpruN5in E¥eThtsand salesof Bood This9 ¢omwlse5 recfiptsfrum 5ales¥)fiwx*saThlJth PlwandThe ChwthgtaloBues 5. 0rilab1eaCIItie$ PaB8
IO fflv r4 Yr 00
The Friends of Dorchester Abbey Independent Examinerfs Report to the trustees of The Friends of Dorchester Abbey {he thariV'I I report tothe tharitytrwtees on m¥exan11on (Athe xcounts ofthedmrlty fcthÈyèar Èryled 31 March 202L {Ants and Reports) Reguli£ms 2(KK My rk has been undertaken x•tFAt I mightstateto the tharivs trustees matters l am reqwred to statetothem in an Innt èxaminerfs [tt and tor no other wrpo5& To the fullestextent by law. l &) notarceo or a55wne re5poThsibilityto anrte reqreMents0ftheoitie5Art 2011{Ihe2011 A). report in rwct onyexaminaliott Of (wiWs a(t(Wt (arrfed (xrt uNlersection 145 ofthe 2011 Art and in CarryE Out my examination I folltywed al theap1£e Dirediors gi¥en bytsECharhty C(Mnmi5sion ur¥kT 5ertion 145151(bl of the 2011 A Indepenrt examiner'sstatenrt I have completed myexaminatiUL l that no matters to myattent5( in Connection -4ccOurrti rec(Yds were kept in respert ofthe dwityas reffjured MT sedirA) 130 2011Actr, or 3. the 3(counts th) (omplywith the awlirable reWIrem co@mitheforni wntent of £ounts Set out in thechartlies IAccwnts and Report5) RatiOnS 2( otherthan any requirement that the arcounts gi¥e a'true and faieNTv%4 is not a matter c($1 45 Part ofan itmlependent I have no COemS and habE come arrr65 no cther matters in Conn with the exarnination to whith attention shwld be drawn imthis rep)rtin orderto enle a woper UNkrstlY of the aco)untsto be reached. De: 8"Jiw* 2022 Kobert UaTres Davld MitCtl AccothtaTV Ltd 4 The PLnd Cholsey WalliOrd OXIO 9NS