The Friends of Dorchester Abbey Annual Report and Accounts for the year ended 31# March 2025 Contents Trustse< Report Page 14 Staternent of Financial Aclivitses Page 5 Balance Sheet Page 6 Notes to the Accounts Page 7-9 Independent Examinerfs Report Page 10 Registered Charity Number. 275819
The Friends of Dorchester Abbey Trustees, Report for the year ended 31st March 2025 Registered Charity Number: 275819 Principal OF. DorchÈster Abbey Rectory. Dorchester on Thames, Oxon. Objectives and Activities The Trust was estabbshed in to rdist frjnds for thltsble pwposts crmnected wtth Dorthe5ter Abbey. including all a$slated blT¥ Witlxn the ¢urtila8e of the Ablw 8rourKls. In partirAar. the Trust use5 its incorne for the re5tLYatiM repair of the AbtrRy fillShI. equipmw¢ nmjnuments. windtyw5. oan, The Frlends are nelther a general fvnder af Althyrelated adi¥rbes a funts of last resLYL Anyo may become a Friend fty a mir•mwn sult £25 por annum or E350 Iiy a Llfe MembershiThere isalsoasu&grLwpralledThe B&MrfaYestSo(iety. These lattumembeT5 payasub5(Tiption of a minimum ot fl40 per annurn. Eath sulwiption cOnltUteS a doY4tion to Friends of Dorcherter AbLy. The Frients rneet periLKliolly eath sooal events arrfl ¥isitsts Pla of historical interesL Structure. Governan and Management Trustees Trustees: Hon. Presl<knt The RL Revd G3¥in Colin5 (Btshop rADordrtw) Rthyljane Ufillis trs Catherine Pa tr Ridwd Dick (Chaimlan) Mr John Taylor (WK&aW1rnnI Mr lknth¥d Farrant Nid(Jenkin5
The Friends of Dorchester Abbey Trustees, Report for the year ended 31" March 2025 (continued) Tru5tee5 (conlirwed) Mrs Honor Juniper Imerrknhipseryetaryl DrDa¥id Parker (retired 23" May 20241 Mr Robert Plurra) (m. Trea5werl Mrs Mary Saunders Irdlred 2 May20241 Mr5 HilaryWarbwt(m (Horn Seud Mrs knie Wdkn {wrted 2 May20Z41 Achievements and Perforniance The trustees thank Ridrd Dic¥s Offi its se(Tetsrial support: irxleed. we thank all the trustees and offir5fOr theiT work over the . We are delighted to welcome Mrs Suste Williams as a trustee: Dr David Parker and Mrs Mary Saunders both retired as trustees dwing the year and we thank them SInrety fortheir ser¥ice and viisdom over many years. Through<¥ut the Jear The FrieNls have ¢(Mrtlnued workingto support The Althv. Subriptions re¢eived in the sEar were £3238 to the Friends and £6.660 to The Beauforest Society. Donations of £4.344 were received dUringd year. On the outgolng side, various payments have been made to the PCC duringthe aT. Atotal of £30.162 was paid tharitsble l¥ltieS mainlyto Dwchr Ab PCC to support the Abbey induding a contribution towards the repair ofthe Ablw dt)d¢ and the ueep of the grounds indu(fing the herb garden. There was a IeaSe in the value of (w in%$tnts Othe year of £L875. Our reseT¥e5 at the Iaend were made up (l a Desi8nated EmÈr8erty Fabric Fund hol¢fing £50.1)(lTr. and the Edith Stedman Endowment Fund holthng £5.9. The remainingfunds of £369.939 a In an U¥)restrlcted General Fun A well. 5UPPOrted Beauforest service took place In No¥ember 2024. PdEe 2
The Friends of Dorchester Abbey Trustees. Report for the year ended 31" March 2025 (continued) Reserves Policy The trustees ha% prevIoY agreed to hold £50,(A)O as a Designated Emergew Fabric Fund. The remaininÈ fvnds are as det•led abo%. Going conrn The tharlty bènefits from a regular Income Indudingfrom investments and subscriptions and having a strong (aiytsl base is well-placed to cover its expendlture. The trustees accordingly believe that charity is a going concem for at least twelve TrnthS from the date of approving these accounts and for the foreseeable future. Risk Management Since the role of the tharity is to raise fd$ for the restiyalion and Tepair of Dorchester Abbey, the main risk is of substantial decline in the level of donatic5 and irKome from investments. The trustees aim to maintain a level of income tonsistent wKth the a)ticipated needs of the Al. Public Benefit In exercisi their powers the tn continue to habE due regard to Charity CoMmi10n guidance on puL4ic benefrt published under setti( 17 of the Charities Att 2011. The tn*ees consider th< in helpingto conserve the fabric of D(the5ter Abbey. as laid out in paragraph one of Objectives and Activities. the Friends actibryties 5UPPOrt the Abbe)15 ministry and theTrforè provide publlc benefft accessible to all. Plans for Future Periods The trustees intend to continue their PreSt pdiues and wartices in the periods ahead. Responsibilities of the Trustees The tharvtrfs trustees are responsible for preparing the truste Annual Report and the finanual ststements in accordan with the appIlble law and regulatlon The law applicable to charities in Eand and Wales requlresthe tntsteesto prepare finanaal statements for each financsal year. Under the law the trustees have elected to prepare the financial statements in accordance with nanCIal Reporting StaTKlard 102 Tr Financial Reporting Standard appliiable in the UK and Republic of Irelan(V (FR$ 1021 the Charities SORP 2015 ISORP 20151. The trustees must It approve the financial statements unle5Sthey are satisfied that they are a trt and fair View of the state of affairs of the charity and the in¢ome and expenditure of the charityfor that period. PaEÈ 3
The Friends of Dorchester Abbey Trustees, Report for the year ended 31st March 2025 {continued) Responsibilities of the Trustees (continued) In preparingthese financial 5tatennty thÈ trustees are required to: sele¢t swtable a¢¢ounting polioes and then apply them con5iStentfy. obsev the methods and principles of the alI11e5 SORP 2015: make judgementsaThl accounting estimates that are reasonabSe and prudent: state whether applicable accounting thndards have been followed. subject to any material departures disdosed and explained in the financial statements- prepare the financial ststements on the going nrn basis unless it 15 inapwopriate to presume that the dTity will continue in operati. The tN5tee5 are responsible for keepi adeque a¢tounting records that are sufficient to show and explain the dritS transactions atKI disdose with reasonable acturary at anytirne the financial posltlon of the charity and enable them to ensure that the financial 5tsternents ¢omply with the Charities Art 2011. They are also reSwI]b]e for safeEuarthng the assets of the tharity and hence fortsking reasonable steps forthe wevention dete¢ti¢m offraud and other irregularities. Approved and authoTisedfor isw bythe board of InteeS and Erd on its behalf by. Date: 2* May 2025 Rlchard Dl¢k Chairman Page 4
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The Friends of Dorchester Abbey Notes to the accounts for the year to 31" Marth 2025 l. Accourrtir¥ pollae5 Basis of weparatton L4nala1 statwnents The finandal statemeffs been Fyeparedto gi a'tn and fairf and Imvè d¥rt from the Charities IA(counts and Reports) Regulation5 2rTh onlyt0t extent reqwred to Fxwde a,try and fal¢ view. This departure kn Inled folIlngthe ¢JHritie5 50RP IFR5102) wblished on 16 j¥2014. The financial sktements been wÈpared under the historital cost convention with Items recwised at tost or transatttoft value unless otlrwise statod in the retevant notÈs tothtsè a[UTS. The finantÉal statements have been preyed in accordanre withthe Statemerrt rA Rerx)mmended pr1(. A(twtrti118 and Reporting by Charities preparItheIr accLwJnts in Krordantr v•th the finarKid Reporting Standard apliable in the UK aml Rewblic of Ireland IFRS 102} issued on 16July2014 arKI Finaal ReFIng Standard ap1(aLt in the United d0M and Republic of IrelaThl IFRS 1021 and tharitiasAct 2011. FuThJ Accounting Unrestritted fuwwjs are wailable for use atthe ofU trustees in furtheran of the general obiertives ofthe tharity. Desiged fuwxts we wvesi¥ictedfvnd5 ewmthd bythe Tru5tÈP5fr rArtitular PWKX)ses. Restricted fund5 are subiect to on their expeThlitwe swfied the (b)nor thr4wh theterms of a fund raisi1¥ inbtiati En&¢wment furH15 fundsgi¥en for anaplial ¥e notto be spertforthE purpose ofthe charity- The charity berthfrom a regular incLTh lndngfrlX hwestsnents and subscriptions and a strong capitsl base welkplaced to covtr its expend1tu.The trth%teÉs accordinth belÉeve thatthp tharity is a going concern for at tea5ttwd%e Mwrtlfv•rnthe date of4v0bi these accounts and forthe loreseeablelure. All income is retO8ntsed in the statemart rffinanaal i¥Tbe5 {SOFAI when the dwrity 15 eTrtitledtothe income and the amount can be quarrtified ith reasonaLqe a(awacy. The following specific poliaes are appdled to ¥Jetsfi¢ Lotegories of into. al VOIrtary irKome Terei¥ed lry way of yants. dtiOrS wfts and sulwimions isirKluded in f1 irj The Statement of finarrtial Actritses wn recdvable. b) Arry instment i>me is induded when received c) Any resources tsxdaims a i1ed in tl* SOFA atthe Same time asthe liftsto they relate. dl The ¥alue rf aryvoluntsu hdp is Mt irxluled in
The Friends of Dorche5ter Abbey Notes to the accounts for the year to 31" March 2025 (continued) Legaty inc(the Lega(iesarÈ indudod InTheStstementofFlnaK41 PthAtie5TknI receiptts wobatrle,thatlswhentherehasbeen Expertwe Expeothtweisrecognised ce therelsa le1 ty consw¥ts¥e ok4lt0 trarsf¥ e¢L£benefit toa tlmrd party, it isprabatle tlwta tr3rther of ecorKThc benefttswll be rewred in setdernffit arKI theamoumt of the can be measured rdi3trAy. Expentltureisdassified b¥a(ti. E)pwxlDre Indude5anyVATwhith taNt6efIdy reco¥ed and isreported as pan of the expenthtwetowhith il relat the charity and stratryr Marmgntt0fthedM1Ity. Axed asserln¥sllnert5 xed sÉtin¥eskn1e <aniedatbMrket¥tyluethebe Reva1110s orlossesare recogni5ed inTheSlateMentuFfiaw]al Atli4ftle& Z IrKomefv2m wantsand donauons Grantsand donationsrdate totheE dtysw5Lst1tOWxrtthÈ¥ItsoltheFIIxIsaThI, Ifany. indudes le4a(ie& teÈaoeslnthe yw (2tr1Q. 3. Subxrlpons compromisl OeauForestSoa £466013J24: £5?0] £U38(3}. £UO31 4. E¥ertsandsale50f zrA ThI$s c¢)mwlse5tl netlncLMfr( retwtsfriffi sale5 d bothandjohn FlpetaThl (ataloBye%tFere wuÈ noeventskntheyear. 5. Charitsbteath¥ittes £30.16212024: £17.6131 wasspenton Imwtylemdnd mainterAroftheAbwSts(11tyes, grounds a1 garden5 athd Ides£S4411o24.£sl3I5pnt ¢Jnin5wdnL£ Theseare rrTedtoin teTruste Rewrt Qm P8geL N0remurwa0n wupenwwerepaidtothÈtntsesthrringY P023: £nill
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The Friends of Dorchester Abbey Independent Examinerfs Report to the trustees of The Friends of Dorchester Abbey ("the thari,) I rePtt0 the dwitytrustee5 on my ex3minatiLm otthe COUnts olthe tharityf0rthear ended 31° March 2025. Thls rew is made sddyttstho drIStAte a% a in with Part4 of the Charilie5 (Accounts and Reports) Regulation5 2(NX Mywork ha5 bÈen urxkrtaken $0 that I might state to the thariV5 trJJstee5th05e Matte l am required to stste tothon in an Independent examiner's report and for no otr purpose. To the fvllest extent pern?itted lry law. I do not a(£ept or assume re5pon5ilMlityto ane other than the tharity )d the drity$ tntstees asa ljoty. for myw(wk ry ftIN$ reporL ResponsibtrrtiÉs Imsis of rep( As ihetrustee5 Otthedmiityyou are re5Wllets the ofthe x(ounts ifft accordan withthe requirements of the QrItie$Art 2011 l%he2011 ALtI. I report in respea otmy examination ofthe dwitVs accounts carried out under sedirn 145 of the 2011 Act and in carying otrt my examination I have followed al thèapplicable DIre¢kn 8l¥en tytl Charfty Commissi(M) urnler 5euion 145(5}Ib) ofthÈ 2011AcL Independent exam1r'S statem I have completed my ey2mination. I can (Llffimi that no Matte have come to myzttentlon in connertion withthe examinion me cause to believe that in any material peC ac¢ountÈl Te£LYds were notkept in respert ofthe tharityas required 10n 130 ofthe 2011 Atr. or 3. the aCCnts (kn wb)t complywiththe applirdble re4vM coweming the forni and content of accounts setout in the Charitie% (Accounts arnl Reports) Rwlation$ 2( otherthan ary requirement that the ac£ounts 8i¥e a'true arnl tsr. iryewthith is nrta matter CLwidered a5 Part of an independerrt examination. I no COeMS and ha¥e come acrc6S rthÈr rnatters in comeckn with the examination to which attentiOTI 51b)uld be dravm inthis repxt in order to enajle a properuThltsn(fire ofthÈ a(tounts to reached. SiBned:...--.-...--.--.--...------. Dated: 22 2025 Rort Oakes Accountsnt Unit C4 Didcot Entefwi* Cenlre Southmead Industrial Park Hawksworth Didcot OXII 7PH