THE OTHONA COMMUNITY
ANNUAL REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Charlty Number 277843

THE OTHONA COMMUNI
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS:
PAGES
Reference and administrative delails
Trustees, Annual Report
24
Independenl examiner's report
statement of financial activities
Statement of financial position
Notes to the financial slalements
10-15

THE OTHONA COMMUNITY
Charlty No. 277843
REFERENCE AND ADMINISTRATIVE DETAILS
PRINCIPAL OFFICE
Othona Community House
Coasl Road
Burton Bradslixk
Bridport
Dorset
DT6 4RN
TRUST DEED
The Community is govemed by a Trust Deed dated 23 June 2008.
TRUSTEES
Po$ltlon
Dats
appolntèd
February 2018
March 2021
March 2021
Datè
re$lgnod
Management Comm1tt8¢
m•mbarship
Central
Central
Centr81
Clare Gough
Michael Hunt
D8n Dutfield
Chair
Treasurer
Safety
Secretary &
Safeguarding
Bradwell Chair
Mark MacDonald
Steve Barnes
Sasha Ea51
Jan81 Webster
Warren Douglas
Rachel Tocknell
Chris Wilson
John Smith
Chris Jones
Jane Pears
Mark Ringrose
Michael Dyer
March 2021
September 2020
September 2021
September 2019
July 2022
July 2022
July 2022
September 2022
November 2022
June 2023
February 2024
July 2024
Central
Bradwell
Bradwell
West Dorset
West Dorset
Wesl Dor5el
West Dorsel
Central
Bradwell
Central
Bradwell
Bradwell
FebrLJary 2024
December 2023
Chair OWD
February 2024
Vice Chair
COMMUNITY SECRETARY
Geraldine O'Grady was elected as Community Secretary at the AGM in September 2023
PATRONS
Revd Sheila Maxey
Most Revd Stephen Cottrell
Dr Janet Marshall
REFERENCE AND ADMINISTRATIVE DETAILS
C&ntr8 Wardens
Richard and Debbie Sanders. Bradw&ll
Othona Community, East Hall Farm, East End Road,
Bradwell-on-sea, Southminsler, Essex CMO 7PN
Tony Jaques, Olhona Wesl Dorsel
Olhona Community, Coast Road, Burton Bradslo¢k,
Bridport, Dorset DT6 4RN
INDEPENDENT EK4MINER
Javed Salim
wyns LLP, Chartered Accountants
Crown Hous&, 151 High Road. Loughton, Essex IG10 4LG
BANKERS
Barclays Bank PIC
Dacorum Group, 11 Bank Court, Hemel Hempstead HP1 1 BX
SOLICITORS
Hunt and Hunt Soliators
22-26 Eastern Road, Romford, Essex RM13LT
INVESTMENT MANAGERS
Epworth Invostrnenl Management Limited
9 Bonhill Slroet, London EC2A 4PE

THE OTHONA COMMUNITY
Charity No. 277843
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The trustees of The Olhona Community I'the Community'l present their report and the financial slalemenls for the year
ended 31st March 2024. The fin8ncial ststemen15 have been prepared in accordance with the accounting policies sel out
in the notes to the accounts ancs Comply with the charitls trust deed and Accounting and Reporting by Charities..
Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 {effective 1st January 20191.
Statement of Trustees. Responsibilities
The trustees are responsible for preparing the Trusl&es' Annual Report and the financial statements in accordance with
applicable law and regulations.
The law applicable lo charities in England and Wales requires the Iruslees lo prepare financial statements for each
financial year in accordance with United Kingdom Generally Accepted Accounting Practice {United Kingdom Accounting
Standards and applicable lawl. The trustees musl not approve the financial slalements unless they are satisfied that they
give a true and fair view of the slate of affairs of the charity and of the incoming r¢sources and application of resources of
the charity for that period. In preparing these financial slalements, the trustees are required to..
a. select suitable accounting policies and thén apply them ¢onslstently'.
b. observe the method and principles in the Charities SORP.,
c. make judgements and accounting esii'males that are reasonable and prudent.,
stste whether applicable accounting standards have been followed. subject lo any material dgpartures disclosed and
explained in the financial statements.,
prepare the financial statements on the going concem basis unless il is inappropriate to presume that the ¢h8rty will
continue in opèration.
The Iruslees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any lirne
the fi'nancial position of the charity and enable them lo ensure that the financial statements comply with the Charities Act
2011, the Charity IAccounts and Reports) Regulations 2008 and the provisions of the trust deed. They ara also
responsible for safeguarding the assets of the charity and henc8 for taking raasonablè stèps for the prevention and
d&l&¢lion of fraud and other irregularities.
Oblectives and Activities
1. The training of theological and other students and lay men and women in the eslablishmenl of Christian community
centres with an e¢umeni¢al purpose.
2. The provision of community cenlres for lay men and women and their families for the purpose of voluntary work,
study, worship and associated activities designed lo further the service for the worldwide Church and for the integration
of the Christian view with the whole lif& of man.
Othona is an open and inclusive Community rooted In the Christian tradition and drawing on a wealth of other
inspirations. We welcome people of all ages, abilities, b8¢kgrounds and beliefs to our two cenlres on the quiet coasts of
Essex and Dorsel.
Through sharing in a daily rhythm of work, learning. worship and play, we seek personal renewal and glimpses of tho
sacred. In community we explore the relationship between faith and life and encourage one another in caring for the
world and ils people.
Achievement and Performance
The company reported an unrestri¢ted ngt surplus of income over expenditure during the year of £37,678. After the costs
of running the charity have been applied the Charitable Trust had a residual surplus of £10.185. After depreciation was
charged there was a operating deficit of £19,503. See Financial Report below for details.
Both cenlres offered a full programme of activities throughDUt thg year. The number of vlsilors Con￿nueS lo increase
particularly at OlhDna Bradwell where the energy installation enables all year usa and Camping increases both capacity
and affordability for guests.

THE OTHONA COMMUNITY
Charity No. 277843
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Achievem8nt and Performance {Continued)
Othona West Dorset
This was 8 year in which we devoted significant resources and effort to th& gradual preparation for generational
change and renewal al this cenlre. The Othona trustees completed a Hufflan Resources Review to address in
particular a more sustainable allo¢alion of management responsibilities within the resident core community. It was
a¢cepted that Tony Jaques, workload as warden had grown beyond what any one person could maintain. The result of
the review, in brief, was a decision to recruit a depLJly wardenlm8nager who will carry particular responsibilities within
operab'onal matters and business devfrlopmont. Recruitment to this post would lake place in 2024.
We wer6 glad lo interact wlh architect James Gallie, tasked by the Iruslees with an initial feasibility study for major
redevelopment of the site including Community House. No such project is imminent, bul we welcome this considoralion
of the potential for bijilding works that might solve many of the exists'ng shortcomings in our built assets.
On a smaller scale, however, lo allow for the new deputy PDSt- without surrendering one of OUT other team members-
we have recognised the need for at least one more unil of staff ammmodalion. Proposals for the best way to achieve
this, whether by alterations to an existing building or by replacing a dilapidated one. were brought forward through our
Centre Management Committee with particular input from building industry professional Mark Gallagher.
That committee, chaired by Chris Wilson, is now receiving mor@ ststistical information on bookings, room occupancy
and so forth Ilhanks to book-keeper Andy Davey and office coordinator Liz HovAetll. This gives valuable extra
perspectives on the raw data of financial outcomes.
This year saw th6 planned expansion of OUT System for volunteers who support the core community. We now look to
welcome one 'Supervol' for each of our bookable events. to sh8r8 in the work and life of the core. Thelr help is
invaluable and most of them report findin9 the experience very rewarding. There are now nearly twenty splendid
individuals on our Supetvols list.
Liz Howlett is in the process of writing a book about Adela Curtis and the community she founded on this sile, whose
land and bLJildings were later gifted lo Othona. In the autumn Liz was able to spend a month on 8 research trip lo the
USA. She has enrolled over 200 followers for her blog that reported on that trip and ¢onlinues wlh uprlates on her
research into Miss Curtis- mystic, author and inspirer of communities.
othona Essex, Bradwell
We had a varied events programme for 202312024 with an intentional focus on the environment among other areas.
Thank you to all our amazing facililalors lor their hard work in making the programme r4Jn well. Some of the highlights
included..
Easter was tsken by Rev Andrew Gough, the Bishop of Chglmsford (Rt Revd Dr Gull Francis-Dehqanil took the
dawn seNice al Ihg Chap818nd around 70 of the worshippeis present camè for breakfast here.
We held the 2nd Essex Green Weekend herg over the Bank holiday weekend in May in partn6rship with
Trusllinks. 11 was a fantastic weekend of talks, music and worf(shops wlh over 150 people attending.
We had a book launch for St Peter-on-the-wall.. Landscape and Herltagg on the Essex Coast, wlh a series of
talks and workshops, as part of the Essex Book Festival.
Summer began wi(h our 3rd Wild Worship event, led by Rachel Summars. This event is wonderful for children and
has built up a following of familias new to Othona. We have made a number of links wth those Coming which haslod lo
new programm8 événts.
The environment theme was very rnuch continued with the usual Spring and Winter Watch weeks, led by
Nastassja and Hugh, environment woek in tho summer wth some A Rocha associated links and our Autumn retreat o
Gr&ening the Soul wlh Revd Imogen Nay.
Art and music also féatured in many events wlh a summer art week run by Ali and Gwenda, music week, festival of
Song and an Art & Soul retreat.

THE OTHONA COMMUNITY
Charity No. 277843
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Achievement and Performance (Continued)
Around 400A of our schedule involves hosting groups, many of whom come to Othona on ¥ regular basis. We hav
made links Mrilh like minded organisations and work in partnership wth a number of these. Some of the highlights
include..
The Orthodox Fellowship of Sl John the Baplisl, who hold their annual youth fellowship here, attracting around 70
P8ople for a weekend of teaching and worshlp.
A Rocha UK, who we work wth as one of their Partners In Action. We attended their annual retreat in November
and hosted some of the members here in the summer lo run an environment weèk.
YMCA stsff and residonls, who came four timas last year, who come for rest and run their own p￿￿raMMe of
events.
We have three prfmary schotsls for r$$idenlial trips, for which we delwer a national curriculum based programme,
and another for regular day visiis.
St Ethelburga's Centre for Peace and Reconciliation. who ran hedge planting weekends as part of their Lrfe Llnes
project.
The team on site consisted of Richard & Debbie as Wardens, Phil as Kitchen manager, Atnanda as volunte8r
gardenerlgeneral help, Chris as a general volunltrer, Pete as groundsman for one day a week and Kirslie as admin
support for 12 hrs a week. This was greatly supplemented by all the fantastic voluntears wè havè, some coming for the
whole summer, others for whatever lime they are able to spare. We app￿ciat8 tho help they are able lo givg.
People
Community is all about people. As a charity Olhona does not serve any one identifiable 'in-nged' group. Part of tho
genius of our community is that a wicle diversity of individuals taka part on a par with each other, wlhoul any sÈnse of
being 'a case,. Nonèth61ass, wé ar6 awar8 that we welcome a high proportion of visitors to the Wesl Dorsel centre who
have significant and sometimes complex needs. Whether this be adults with severelearning drfi¢ullie5 and physical
disabilities, children wlh one or more life-threalening allergies. elderly visitors whose limited mobility and haaring
makes soaal life problematic, or young people struggling with rn&nlal health issues.
We mak8 no claims lo be a Iherapeulic community as such. None of us is offering the skills of a trained therapist. Bul
there is no doubl that rnany who spend lime with us find it therapeutic in Ihtr widest sense. This pastoral aspect of an
awpting and spiritually supportive space is one of Othona's Irea5UTes.
During this year we were a resident team of ihree full timers and one job-sharing couple. Unusually. all team rnembers
had Come to us with considerable previous experience of Olhona. Although we oflen welcome re¢ruils who are new to
the community, this depth of kno￿edge and affinity can be a particular bonus. Among our visitors, however. we
observed an increasing number ol new faces this year.
Volunteering
That supportive space relies not only on the resident team bul very much on a large number of people who volunteer
th us. They do this in all sorts of ways- frorvTr the Trust board member to the oc¢asitsnal gardener. This was Ihe year
in which we put new thought and energy inlo recruiting, indu¢ling and supporting more volunteers. Especially those
who Can join us for a few days al a limg and help staff a given event, from ils preparalion to its aftermath.
The Othona Wèst Dorset Supervol S¢hem& was born. 11 is paying dividends.11 spreads the load beyond core
members, bul also gives a way in for supporters who'd like to be more pra¢tically involved.
Renewable Energy
Two air source heal pumps and an energy diverter were installed shortly before Christmas. £7,330140% of the costl
was covered by a grant from Low Carbon Dors&t. The gas boiler that used lo heat the chapel and library was removed
a major slep away from fossil fuels. The solar thermal array providing hot watgr to Largesse Islaff accommodation}
was replaced (having failedl-

THE OTHONA COMMUNITY
Charity No. 277843
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Grants, Donations and Legacies
Donations to support the general work of the cenlres and Trust lolalled £35,425 (Bradwell £13,576, OWD £13,500,
Trust £8,349). In addition significant donations and grants were received tDwards projects at Bradwell totslling
£84,676 in relation lo the replacemgnt sewage system1£50,5621, reoanvassing the yurts1£12,285 Grant from
Maldon Council), improvements lo the Motley accessible balhroom1£15,3891 and providing bursary support
£6,4391. This generosity from supporters and friends is making a real difference to the operation of the silès and
we are most grateful.
Public Benefit Statement
The Iruslees have referred to the guidance contained in the Charity Commission's general guidance on public benefit
when reviewing our aims and objactives and planning our futu￿ activitiès.
The purpose of the ¢harily Is gnshrined in ils objects as described. and the trustees ensure this purpose is carried out
for the public benefit of all persons that we serve by delivering 8 range of servl¢es al Bradw811 Community Centre and
Othona West Dorset Community Cenlre. to those in need of respite and spiritual refreshment.
Investment Policy
The Community has appointed Epworth Inveslmtsnt Management Limited to act as Investment Managers on a retail
Client basis.
Th& objectives of the charty's
investment are..
To support the religious and other charitable works carried on by the members of
the Community.
To establish and maintain a sound financial base for the Organisation, for today and
in futu￿ years.
To secure these objectives the charity seeks to produce the best financial retum within an acceptable level of risk,
streking to balance income and capital relums. The investment funds are managed to maintain the real capital value of
the funds, whilst genamting a sustainable level ol investment income to SLJPPOrt the charity. The current income target
is set al approximately £20,000 psr annum and the overall lolal return sought can be quantified 05 inflation (measured
by CPII plus 3.5.10 per annum assessed over a rolling 5 year period. In the year lo 31 March 2024 an overall return of
6.960/0 was achieved on th6 investment funds.
The investment objective for the cash balances and short term reserves (including reslricled funds) is to preserye the
capital v8lu6 wth a minimum level of risk.
The Irusleés rèvièw its investments on a quarterly basis and have an agreed Investment Policy that is kept under
regular review. The Investment Policy was last reviewed in July 2023. and will be reviewed in November 2024.
Reserves Policy
The trLJslees of the charity have considered the need for reserves and have agreed that reserves are required to lal
provide contingency funds to maintain operations. Ibl lo allow lime to respond to significant reductions in expected
income and Icl in the event that il is requi￿d, to enable the managgd Closure of some or all Df the charity's aclivilies.
The Iruslee5 have assessed the amount required lo be held in resetves on a risk basis and consider that a Min1￿uM
sum of £150,000 should be held for these purposes. Al the end of the year the freely available reserves held by the
charity were grgatgr than the minimum required reserve amount.
Financial Rovlow
The two ￿nIreS operate through a wholly owned subsidiary Company. The Community has taken advantage of the
exemptions available to il to not prepare consolidated accounts. However, the Trustees wish rllembers lo know that the
company reported an unrestri¢ted nel surplus of income over expenditure during the year of £37.6781£57,928 in 20231
and had a nel asset surplus as al 31 March 2024 of £140,7521£103,074 in 20231.
The incorne received from investments, membership foes and donations has been uts'lised towards the govemance
and management costs of the Community. After these costs have been applied there was a residual surplus of
£10,185 which has b88n rètained within the Community. Depreciation of £29,688 was charged in the year leading lo an
operating deficit of £19,503 before transfèrs and ¢apitsl gains I losses.

THE OTHONA COMMUNITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Charity No. 277843
Th& invostment portfolio income continued at lower levels following the capital expendilure incurred in 2020 and 2021.
Market conditions improvéd slighlly on previous years and and at thé ènd of th8 yèar th8 invèstmènt portfolio showtsd an
increase in value of £29,271 12023.. loss £56,0581 which after transfers from designated reserves resulted in an overall
surplus in the communitls funds of £9,78812023'. deficit £48,823).
During the year no capital withdrawals were made from the investment portfolio lo finance either Capital projects or the
working capital needs of the Centres12023.. £nill.
Trustees are grateful lo individual member5 and supporters who responded lo fundraising appeals included in emailed
newsletters, donations lolalling £8,837, including gift aid.
Trustees have been monitoring spending al both cenlres on a regular basis and the Community Treasurer meets with
the warden every quarter lo review financial performance.
The charity maintains a nurnber of reslricled funds- these are funds where the donor has placed restrictions on how the
money can be used. Al the end of March 2024 restricted funds lotalled £75,18112023.' £31,870}.
The trustees have chosen to designate some of the unrestricted funds for specific purposes. This is at the discretion of
the Irusloes and the ne&d for the designation is kept under rggular rovigw. At th8 ond of March 2024 designated funds
lolalled £51.80012023.. £52,833).
structure, Governance and Management
The structure. governance and management of the Olhona Community continued ID be in accordance with the Trust
Deed, as rovised in 2008.
The structure of the Trust and the wholly owned Company limited by guarantee remain the same. There is a good range
of expertise amongst the Trustee1Di￿CIOrs. Appointments made during the year were., Mark Ringrose and Michael Dyer
link Trusletrs al Othona Bradwell.
Janel Web51er. John Smith and Sasha East stood down as Trustees, we thank them for thtsir valuable input.
The main focus Ihis year has been the appraisal of our built assets and a strategic review of the work of both centres.
bringing Trustees and Managers to a shared understanding ol the short and medium temi priorities. The cost of the
desired work to Community House Wesl DoTsel was found to be prohibitively expensive, we need lo think again about
the West Dorset site. A new website was commissioned and work is ongoing to populate this to launch at the end ol
2024.
The main focus for governance the previous year was Ihts Complete revitsw and rewriting of tho Safèguarding Policy and
Procedures. Audits in year at both cenlres show good operational implernenlation. Trustees acknowledge that Ihls is an
administrative load on the staff team when recruits'ng staff and volunteers.
Future Plans
To increase access to the ￿ntre$ by.. keeping the cost of visitin9 as competitively prI￿d as we can. offering bursaries
to those who need them and having the option of camping at Othona Bradwell. Keeping prices low decrèases our profit,
this necessilales fundraising for any capital devoloptnents.
To fund raise by appeal to Merllbers, visitors and friends and by applying for grants when these arts available.
To Continue lo explore ways of increasing the privacy and Comfort of the core staff accommodation at Othona Bradwell
and lo increase staff accommodation by one unit at Olhona West Dorset.
To continue lo recruit and appoint TrusleelDiredors and Committee Members lo manage the charity and the centres.
There is a vacancy al Olhona Wesl Dorset for a link Trustee.
To wnts'nue lo manage our land for nature conservation.
To continue the strategic review of the Charity ahead of our 80 year anniversary. looking al our charitablè airns. being
clear about our public benefit and updats'ng our Charitable Obj&¢ts.
By order of the Trustees.
Clare Gough
Chalr of Trustees
21 September 2024

THE OTHONA COMMUNITY
Charity No. 277843
INDEPENDENT EXAMINER'S REPORT TO THE
TRUSTEES OF THE OTHONA COMMUNITY
l Teport to the trustees on my examinalion of the financial ststements of The Othona Community I"Ihe chariw'l for the
year ended 31 March 2024 which comprise the Slalemenl of Financial Aclivilies, the Slalemenl of Financial Position
and the related notes.
This report is made solely to the charitls trustees, as a body, in accordance wlh Section 145 of the Charities Act 2011.
My work has been undertaken so that I might state lo the charitys trustees those matters that l am required lo slate lo
them in this report and for no other purpose. To the fullest exlenl pemitted by law, I do not 8¢¢epl or assume
responsibility lo anyone other than the Charity and the charills trustees as a body, for my work, for this report, or for the
opinions I have formed.
Respective responslbllitiès of truste8s and examlnor
As trustees of th& Charity you are responsible for the preparation of the financial statements in accordance with the
requirgments of the Charits'es Act 2011 1"Ihe Acfl.
I report in respect of my examination of the charity's financial slalemenls carried out under section 145 of the Act and in
carrying out my examination I have followed all appli¢able Dire¢tions given by the Charity Commission under section
14515llbl of the Act.
An independent gxamination does not involve galhering all the evidgn¢e that would be required in an audit and
consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements.
The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide.
Consequently l express no opinion as to whtsther the financi8151aletnents present a 'lrue and fair. view and my roport is
limil&d to those specific matters sel out in the independent examinerfs slalemenl.
Independent examiner's statement
I have ¢ompleted my examination. I confirm that no material matters have come to my attention in connection with the
examination giving me cause lo believe that in any rnalerial respect..
accounting records were not kept in respect of the charity as required by section 730 of the Act., or
the financial stat¢ments do not accord with those records,. or
the financial slalements do not comply with the applicable requirements concerning the form and content of the
accounts s81 out in the Charities (Accounts and Report} regulation 2008 other than any requirement that the
accounts give a true and fair view which is not a matter considered as part of the independent examination.
I have no concems and have COTne across no matttsrs in connection with the exarninalion lo which attention should be
drawn in this report in order to enable a proper understsnding of the financial statements to be reached.
Javed Salim FCA
Independent Examiner
Alwyns LLP
Crown House
151 High Road
Loughlon
Essex
IG104LG
asl,, liol*

THE OTHONA COMMUNITY
Charlty No. 277843
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
Notes
Unreslrfctod
Doslgn•lod
Fund5
R8¥tri¢t*d
Funds
Total
Funds
Year End
3110312Tr24
Total
Fund
Y￿r End
3110312023
INCOME AND ENDOWMENTS
Subscriptions, legacies and don8tions
8,837
21,828
62,848
93,513
52,806
Inv8stm8nt incom8
23,997
23,997
23,622
Other in¢om8
18,172
18.172
10,313
TOTAL INCOME
13
51,006
21,828
62.848
135,682
86,741
EXPENDITURE
General expenditure and eosls
Other 8XP8nditura
Dep￿CiatIon
TOTAL EXPENDITURE
10113
819
40.821
40,821
42,398
29,688
112,907
27,341
42,924
29,687
99,952
22,861
19,537
29,688
70.509
22.861
19.537
Total ineome lèss ttstal exponditure
119.5031
(1,0331
43.311
22,77S
{13.211
GaSnsl Ilossesl on Investment A55ets
29,271
29,271
156,0581
NET MOVEMENT IN FUNDS
9.768
11.0331
43,311
52,046
169,2691
RECONCILIATION OF FUNDS
Total funds brought forw3rd
14
3,882,624
52.833
31,870
3.967,327
4,036,596
Total funds carrled forward
3,892,392
51,800
75,181
4.019.373
3.967,327
All of the abov8 results ar8 d8riV8d from continuing acbvitles. The￿ were no othw recognised gain5 or105ses
other than th0$8 stated abov9.
The notes on pages 10-15 form part of the financial staternents.

THE OTHONA COMMUNITY
Charity No 277843
STATEMENT OF FINANCIAL POSITION
AS AT 31st MARCH 2024
Notes
31 March
31 March
2024
2023
Ftxed assets
Tangible fixed assets-Al Cost
3.085,404
3,115,092
Investment portfolio- At Markèt Value
681,404
3.766,808
651,832
3,766.924
Currènt assets
Cash al bank and in hand
Short term deposits
Debtors
18,308
336,788
1.893
356,989
29,161
241,723
1,342
272,226
Currant LlabllStl&s
Anounts falling duè wSthln one year
104,424
71,823
Net current assets
252,565
200,403
Total assets less current liabilitiès
4,019,373
3,967,327
Funds
Unrestricted Funds
3,892,392
51,800
75,181
4.019.373
3,882.624
52,833
31,870
3,967,327
Designated Funds
Restricted Funds
The not&s on pages 10-15 form part of the financial stalernenls.
Appi(>ved and authorised for issue by the Trustees on 21 September 2024 and signgd on their behalf by..
Clare Gough
Chair of Trustees
Michael Hunt
Tr8asurar

THE OTHOMA COMMUNITY
Charlty No. 277843
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
I GENERAL INFORMATION
Th8 charity is an unin￿rpOrated tnllty. The 8ddross oflhe prfndpal offic* is Othona Community House, Coast Road, Burton
BrAdstock. Bridport. Dorsel DT6 4RN.
2 STATEMENT OF COMPLIANCE
These financial slalemenls have been prepared wmplwnce wiu) FRS102. Tre Flnanoal Raporung Standard applicable in Ihe VK
Bfid Republic of Ireland,, the Slalernent of Recommended Practice applicab￿ to Gharilies preparing their accounts in 8¢¢ordance
with Ihe Financial Reporting Standard 8ppIicgble in the VK and Republic of Ireland IFRS102lleffacbV6 1 January 20191 (Charities
SORP IFRS10211 and th8 Charities Act 2011.
In accordsncewilh FRS 10213.3AI, Ihe charity is a public benefit entity th81 h85 applied Ihe"PBE" prefixed paragraphs.
3 ACCOUNTING POLICIES
Basis of preparation
Tttè financial statements have b6en prepared on the historical cost basls. as modifiad by th6 rèvaluation of certain finandal asset8
and liabilities and inve51melll prop£rties measured atf8ir value through income or expenditure.
The finan￿al slalemenls are prepared in steding, which Is the functional currencyof the charitylo the ne3re51 £1.
ts. Golng concarn
The trustees have considered Ihe consequences of COVID.19, the war in Ukraine and other events and conditions. and have
delermlned thai they do nol create a rnalerial Un￿rtaInty that casts sl9nlficanl doubl upon tha Charity's ability to continue as 8 golrKJ
cOn￿M.
Fund accounilng
General fund5 COtTrPri58 Ihe accurnulated surplus or doffl¢it on lh8 Statsrnenl of FinanrAal Aclmlies. They are availalAe for use at the
discretion of the trustees in furtherance of the general objective5 of the Communty. Reslricte(I funds are subject lo speGific ￿StriCt￿
conditions Imposad by donors or by th8 purpose of the appaal. The purpose and use ol the restricted funds is s81 out the nO￿S to
the financial statements. Designated fund5 are unrestricted fund5 which have been eamiarked by Iha Iruslees for particular
puFpo$es.
d. Incoming resour¢eJ
All Incomino resour¢t8 are r8cognised once the charily has trntillement lo the r8sources, il is certain that the resour￿$ Mryll b&
received and the monetary value of incoming resources Gan be measured with sufficient ￿liabIlity. Where Income Is received in
advance of a st¥y.11 Is daferred unUI the charlty 1$ onulbd lo Ihal Inco￿. No amounts are includèd in Iht a¢¢ounts for the value of
services prO￿ded byvolunleers.
O. Resources oxpond8d
Liabilities are recoynised as resour￿5 expended as SODn as there is a legal or constructive oblig81ion ¢ommitbng the Charity to the
exp&ndilure. NJI expandsiure Is acwunl8d for on an accruals basls. Chariiable expenditurè comprisès Ihogtr tosts incurred by tha
charity in the del￿ery of 115 aclivilie5 and setvice for its beneficiarie5. 11 includes those costs thal be glbcated dlraciiy to such
aclfvilies and those ¢osis of an Indire￿ nature necessary to support them. Govarnance LY)s18 include Ihoso cos15 associated with
meeting Ihe conslWtional 8nd 51alulory requirements ol the charity 8nd include the avdil fees 8nd costs linked lo the Strategic
managtment of the charity. Where costs cannot bè dIreCt￿ attributed they have been alloGaled lo activities on a basis consislenl wlth
use ofresoU￿s.
l. Tangible fixed asset5 and depreciation
The freeho￿ fun¢iion81 propèrties wara In 1997 represented ￿th1Th th8 slalamenl of finanraal posibon ai insuran¢t rèinslatemenl cost.
in consuttation SBJ Stephenson Limited, Insuran￿ brokers. lo which historic cosis incurred sinte then have been added.
Trustees wll be reviewin9 which app¥opriale basis of va￿all)n lo use for Iht8a prop8rties during th8 fulur8. Apart frorn the wrts.
these properties are not dep￿ciated a5. in the opinion of the Iruslees. they have a useful life as buildings greater than fifiy y8aTS and
anydepre¢iation ¢har98 is considtrr8d Immaleri81.
Al each statementof finanual position date, thè prop8rbes are assessed lo deleTtnine if there are indicators that the properues may
be Impaired In VBlue.' if there are such indicaLors of impaimienl. then 8 comparison of the properties. ¢8rryin9 value to ils recoverable
8rnthJni 1$ undertaken. Anyèxcess ovèr th& rtcovèrable amount Is rècoynisèd as an impairm8nt bss and charged a5 expenditur8 Sn
the SOFA., the ￿rryIng value is red￿Thd 8ppropriately.
g- Fixed a¥¥et investsnent
a. Inveslmenis 8re initially measured al cosl and subsequenlty al fail value Ilhtrir tnarket valutrl as al Ihe balance sheet dale. The
Slalemenl of Financial Actmties inclijdes the nel gains and losses arising on the valuat￿n and disposals ￿roughoUt th8 yaar.
b. All gains and losse5 are tsken lo the Slalemenl of Financial Aclivikne5 a$ they a￿$8. Unrealls8d gaSns and losses are G4lculatsd
a5 Ihe difference beiween the m8rkéi valuè 81 the ￿8[ 8Trd and opening TTHrkel value lor dale of purchase if laterl.
io

THE OTHONA COMMUNITY
Charity No. 277843
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
4 TANGIBLE FIXED ASSETS
Freehold
Land &
Bulldings
Investment
portfolio
Total
Total
3110312024
3110312023
Bookl Market value 1 Aprll 2023
Additions
Disposals
Revaluations
Depre¢ialion
Increase I (Decrease) in cash held
Bookl Market value 31 March 2024
3,115,092
651,832
455,162
1211,9001
29,271
3,766.924
455,1fj2
1211.9001
29,271
129,6881
1242.9611
3,766,808
3,835,519
136,560
1353,2061
15fj,0581
129.6871
233.796
3,766,924
129,6881
1242,9611
681,404
3,085,404
Net book values
As at 31 March 2023
As at 31 March 2024
3,115,092
3,085,404
651,832
681,404
3.766,924
3,766,808
Historic Cost as at 31 March 2023
Historic Cost as al 31 March 2024
3,115,092
3,085,404
646.739
644,096
3.761,831
3,729,500
Investment portFollo at market value comprised
3110312024
3110312023
Epworth Equity Fund
Epworth Global Equity Fund
FP Foresight Global Real I Property Income Trust for Charities
Epworth Corporate Bon¢J Fund
Other Investrnent Funds
Epworth Glimale Stewardship
Cash held by Investment Manager
109,395
262,218
66,708
212,071
51,457
76,000
49,980
12,800
131,307
109.786
1,990
681,404
249,524
651,832
l invgstmgnts aro hgld in the Unlted Kingdom.
Investment
The charity owns The Othtsna Community, a company limited by gu8ranteg. Thi5 cornpany is regard8d as a wholly owned
subsidiary of the charity. The charily has taken advantage of the exetnption5 available to it and has not prepa￿d
Consolidated accounts.
The Company had a nel asset Surplus a8 al 31 March 2024 of£140,75212023'. £103,074).
S DEBTORS
3110312024
3110312023
Tax recoverable on Gift Aid donations
Other debtors and prepayrnents
1,051
842
994
348
6 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
3110312024
3110312023
Amount due to subsidiary
Deferred grant
Creditors and aGcruals
95,429
6,353
2,642
61,994
6,841
2,988
li

THE OTHONA COMMUNITY
WOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
7 UNRESTRICTED FUNDS
Goln I
Dèpr*¢latlonl (Losgesl on
Oulytslt)g9
ln￿StM&nts
Trdll5f¢r
between
Funds
BalAneA
31m312023
Futhds
rBcèlwd
Balan
3110112024
1 Gener21 (Fixed a55et5 Futvjl
2 G¢nèral Funds
3.430.714
451.910
129.6881
29.271
3.430.297
462.095
51.006
3,882,624
51,006
70,509
29,271
3,892,392
1 GgnBral IFix£d asatyls Fund).. Thls represents the fixed assets l￿fid, propetyaThJ investmen151 of Ihg charity
2 GenBral Funds.. Thi5 rsprssents the unreslrlcied funds generAIIyAvaikqble to supportlheAcbvibe5 of 1￿CharilY
8 DESIGNATED FU14DS
Translgr
bBtWegn
lunds
Balance
3110312023
Funds
elved
Balance
311Q312024
Outgolng
1 OWD Designat￿ R9Sgtv
2 Bradwell Devetoptngnl Furwj
3 Bradwell- Bursary Fund
4 OWD Peaple Fu
40,514
1.260
3.491
7.568
40,514
15.389
.439
16.5891
16.2721
3,658
52,833
21,928
122.8611
51,OQO
Dos&n$l$dFund&pu￿OS￿s
OWD Desl9naled R&serv9". Thls r¥pr&s&nl¥ funds ollotaw bythe stspwrt InlllÈNves Atothona We51 Dorsel.
An inllial allgc81iw of £45,000 was e51ablSshed Ihg trading cornpanyvéas established.
2 Bradwell De￿0pm￿nI Fund.. This represents fund5 alloGaled lofund Major￿￿￿kS at BraoK¥ell
3 8radw¢ll B￿r3aryFunrt.. This represen15 fU￿S held to provide bjnsaries lo wsitor5 to Brady￿11
4 OWD Pgopth Fund." Thi$ represerts funds used by the M￿ag*￿entcornmILtee alOWD 10 Suw￿per￿nal needs and
r£que5L8cf ind￿￿u￿S.
9 RESTRICTED FLINDS
Tran8f•r
betwepn
Funds
Balance
3110312023
Funds
rKelved
Balancfj
Oulgoln9S
3110312024
1 Bradrfl Gard&n ol P&Bce
2 Bradwell Wind Turbifiè
3 Br3dwell Essex Communlty
Foundation FuTbd
4 OWD Bu1￿1￿g Fund
5 OWD Chapel Window5 Fund
6 Central A HaFdyMemorial Fund
7 Rlchard IAulkern Mernorial Fund
6 CenlrÈl WBrden Devek)prnenl Fund
9 &radwell Yurt Rxqnva5sing
10 Bradwg11 Savpgè STrLÈm
467
8,180
14671
8.180
10,575
110,5T51
1.513
4,833
173
1,428
4.701
3.791
50.562
4.833
173
1.428
4.701
12,286
50,562
18,4951
31.B70
62,848
119.53
75,181
Rg5tricl8dFundsFundpuwosos
1 BrAdwell Garden of Peace.. ThiB repr&Benls funds held lo d8v8lop th& Peace Gard8D ai Br$dwfll
2 8radwg11 Wind Turbln¥.' Thls represen15 funds held 10 Sup￿the fuluredevdoptnentof a lutbin9 at Bradwell
3 Bradwell Essex Community Fulld.. representsfvnds re¢eivgd from th8 Essex COmmunrfyFoundali￿ to support
cotnmunityini&aliv9s al BradwÉll
4 OWD BUi￿l￿g Fund.. This repr¢sonts deV￿0PMen1 fund tor maSDrworks al OWD
S OWD Chap81 Window6 FutEd". This r9pfpsEnl$ funds ￿ld lo rep￿ce dllèpldated vAndows In the Ch￿￿ Èl OED
6 C8nlralA Hardy Fvnd." This repregenL% fund5 he￿ to provide bursBrie5 ale1thercen1￿ forforew students from Easlem
Europ
7 Rlehard Mulken memori81 Fund.. This rePre￿nIS fund5 hdd to wovvk newderkirbg fDrlroDt of st￿P ai
8 Cenlralwarden Development Fund Th1$ rÈpreseni8 lunds tte￿ 10 5UPPOrt the professional developmenloltheYrdrden5 al
both cenlres
9 Bradwell Yurt R￿￿VaSsIng- fund5 held lo rep]ace the canvass on the ex16ting yurts. Projoclto be cornp￿d in 2024
1D Bradwell Sewage Systetn- fufids hgld to install rh$W$ewÈ￿ systpm to *rviCÈ thè Bradwell cenlre. Prcleciio bè
undwiak•n duriny2024.
12

THE OTHONA COMMUNir
Charlty No. 277843
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
10 TOTAL COMMUNITY EXPENDITURE
Staff costs
Other costs
3110312024
3110312023
Management and administration of charity
180
40,641
40.821
27,341
Staff costs
Oth8r costs
3110312023
3110312022
Management and administration of charlty
354
26,987
27,341
27,470
11 TOTAL COMMUNITY STAFF COSTS
3110312024
3110312023
Pension Scheme costs
180
354
The charity had no paid employees during the current and pre￿ouS year.
12 TRUSTEES. REMUNERATION AND EXPENSES
No trustees received any remuneTatitsn during the year.
During the year 9 trust8es12023- 11 Irusteesl were reimbursed expenses lotalllng £1,50312023- £1,587) in r6spect of
travel costs.
13

THE OTHONA COMMUNITY
charlty No. 277843
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
13 CENTRAL FUND OPERATION INCOME AND EXPENDITURE
Total
Year End
3110312024
Total
Y•ar End
3110312023
INCOME
Interest and dividends received
Donations
Grant re￿1vable
Membership gubscrlptions
Contributions frorn projects
Other incotlle
23,997
6,935
489
1.413
13,830
4.342
23.622
17,991
489
1,419
5.360
4953
51,006
53,834
MANAGEMENT AND ADMINISTRATION OF CHARtrY
Pension Scheme costs
Accountancy and professlonal
Invèstment Managers Fees
Database & web site development & management
Insuranc6
Publications & marketing
Trustees expenses including travel costs
Trustee m88ting costs
Subscriptions
Legal Expenses
Postage, freight & courier
Webslle
180
16.402
354
15,997
1.227
2,966
S02
1.020
1,877
3.285
105
2.935
472
125
1,625
4.200
99
6,867
7.916
40.821
27,341
NET OVERALL SURPLUS FOR THE YEAR
14

THE OTHONA COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
14 PRIOR YEAR'S STATEMENT OF FINANCIALACTIVITIE5
Unrestrfctsd
Funds
Doslgnatod
Fund8
Restrfcted
Funds
Total
Funds
Y8ar End
3110312023
Total
Fund5
Year End
3110312022
INCOME AND ENDOWPAENTS
SubscriptlDns and donallon8
Inveslmant Income
Qlher inwme
19,899
23,622
io,ai3
53,834
6,823
26.084
52,806
23.622
10,313
86.741
44.901
18,667
3.224
65.79Z
TOTAL INCOME
6,823
26.084
EXPENDITURE
General expenditure an costs
Other 8XP8nditur8
Depreciation
27,341
27,341
42,924
29,687
99,952
27,470
16,596
18.503
71569
34,876
29,687
57,028
TOTAL EXPENDITURE
34.876
Total Income lÈss ttstsl èxpÈndlture
13.1941
11.22SI
IB.7921
113,2111
16,7771
Transfers belween Funds
Gainsl11088881 on Inv8Stm&ntAs88ts
10.430
156,0581
110.4301
56,058
46.998
NET MOVEMENT IN FUNDS
148.8211
111,6551
18,79ZI
169,2691
40,121
RECONCILL4TION OF FUNDS
Total funds brought fO￿ard
3,931.446
40,662
4,036,5
3.996,375
Totsl funds c8rrl8d lorward
3,882,624
S2￿#8
SI￿10
3,967.327
4,036.596
15