Company Registration No. 1450892 {England and Walas)
Registered Charity No. 278720
Scottish Charity No. SC039512
DAWLIFFE HALL
EDUCATIONAL FOUNDATION
(Company limited by guarantee)
DIRECTORS, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

DAWLIFFE HALL EDUCATIONAL FOUNDATION
CONTENTS
Page
Directors, and Trustees, report
Auditors, report
15-17
Statement of financial activities
and income & expenditure account
18
Balance sheet
19
Cash flow statement
20
Notes to the financial statements
21-31

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Permanent values in a changing world www.dhef.or
The directors, who are also trustees are pleased to present their annual directors, report
together with the financial statements for the year ended 31 December 2021 which are
also prepared to meet the requirement for a directors, report and accounts for Companies
Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006. the
Memorandum and Articles of Association, and Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) (effective 1 January 2015).
CHAIR'S REPORT
2021 has been a year of dram8tic chang8 and unexpected benefit for DHEF. Despite the
uncartainties of the Covid Panden7iG, 2021 saw the lifting of many restrictions as life has gradually
begun to return to normal. As a result the response of DHEF volunteers in combining online skills
acquired over the past 18 months with thg resumption of face to faGe méatings has meant that the
number of people benefiting from our many aclivitl8s has increased exponentially.
An internal reorganisation of roles within DHEF was ca￿led out. Maria Alvarez de Toledo
resigned as a Truste8 and was appointed our Chief ExeGutive Officgr. Isabel Abad became our
Chief Finance Officer and new teams were formed to look after the maintenance and upgrading of
all DHEF properties and to keep our wobsite and Newslelt8r and general publicily up to date. We
now have a dedicated team dealing with the day to day running of the charily and its futurg
viability.
Despite 8v&rything the youth activities thrived and graw throughout the year th8nks to thé
ingenuity and creativity of their leaders and partlGipants who managed to maintain Gontinuty by
organising on-line activities until real time was possible. Ashwell House and our residential
activities are at GapaGity with waiting lists, again thanks to the non-stop efforts of those responsible
for them. For more details of what DHEF is doing and how please look at our website
(dh&f.org.uk) and Newsletter which we aim to keep as up to date as possibl8.
Looking towards the future the Trustees and I havo been looking at our assets and seeing
how they can best be used in th8 years to come. We are now in a position to develop our interests
in the Bayswater area and want to expand activities South of the river in London. In order to do
this we will sell some assats which aro surplus to our needs and r&organise some of our Gentres
so that more people can benefit from the services and support wa offer around the country.
None of this would have been possible without the enthusiastic and continued support and
loyalty of all our benèfaGtors, volunteers and beneficiaries. It is almost impossible to express our
gratitude and appreciation for your Gontinued support and help throughout the year. Wg aro
building on firm foundations during 2022, reaching out to many more people.
Ann Bennett
Chair

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
OBJECTIVES AND ACTIVITIES
The charity's purposes as set out in the objects contained in the company's Memorandum
are..
The advancement of education and learning and the development of character in
accordance with Christian principles and ideals
To support, own and operate charitable educational establishments
To assist, by the provision of grants or otherwise, the pursuit of education or
research
In accordance with these objectives each of the properties we own operates as an
educational centre and as a base from which the work of the charity is done. Our two
main projects are
Ashwell House, a student residence situated in Hackney, London.
Hazelwood House, an educational and conference centre in Glasgow, Scotland.
Part of the work of the charity is to help people give back to society and so the charity
organises and supports social projects at home and abroad.
VFsion
We believe that everyone should reach their full potential and be a caring and responsible
member of the community. DHEF considers education to be the key to social inclusion,
helping to develop useful skills, self-confidence and responsible attitudes.
Mission
To encourage and support families as the primary place where individuals are nurtured
and helped to mature and where they leam to have regard to the needs of those around
them. We do this by working in formal and informal educational projects, particularly with
women. regardless of their age or cultural background.
Values
DHEF promotes respect for the individual. personal freedom, 5elf-confidence and
responsible attitudes In professional, private and public lrfe.
Approach
In shaping our activities the trustees have considered the Charity Commission's guidance
on public benefit {including the guidance 'public benefit: running a charity, {PB2)). In
particular, the trustees consider how our planned activities contribute to our educational
objectives. DHEF centres provide a warm and welcoming environment for women of all
ages, offering opportunities to widen educational horizons and to take part in worthwhile
volunteering projects. Our club activities support study particularly in the key areas of
Maths and English. Our programmes encourage each young person to achieve. Our work
with adults aims to offer practical help with personal, social and family development.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Who benefits from DHEF activities?
DHEF encourages families and especially women of all ages and cultures and from every
sector of society to reach their potential through formal and informal educational projects.
DHEF has a Christian ethos and its activities promote respect for the individual, personal
freedom, self-confidence and responsible attitudes in professional, private and public life.
DHEF centres run a range of activities which broadly fit into the following-.
Activities for young people where they learn to widen their cultural horizons,
develop their personal integrity, learn to respect others and contribute to wider
society by taking part in an age appropriate social project. Young people learn the
value of giving their time to help others. All the activities take place in an
atmosphere of cheerfulness and fun.
Families are supported through lalks, guidance and mentoring. This can range from
the practical aspects of home management (hygiene, time planning, basic home
repairs, healthy eating and budgeting) to developing personal relationships and
caring for others.
DHEF activities take place in over 50 locations in Britain. Volunteers play a vital role in the
running the charity's activities and we promote volunteering as a way of contributing to
society as a whole.
1,100 people benefited from DHEF activities during 2021 and 170 volunteers were
involved in running or supporting our activities.
Pandemic restrictions limited our activities for much of 2021. However, our committees
and especially our volunteers were creative and resourceful in reaching out to school age
girls, young professional women, families and medical professionals who benefitted from
our activities.
Our grant making is only to charities that share our ethos.
AII DHEF educational centres include in some way the following two aspects..
1. Activities for young people where they can leam to widen their cultural horizons,
explore and develop their capabilities, enjoy themselves, respect others, be
challenged and be encouraged to give back by taking part in some soGial project
such as visiting the elderly.
2. Family support through talks, guidance and mentoring, from the practical aspects of
home management (hygiene, time planning, basic home repairs, healthy eating and
budgeting) to relationship development and caring aspects.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
More specifically..
Ashwell House
www.ashwellhous8.or
.uk
During 2021, DHEF'S university residence, Ashwell House, continued to offer students
support to alleviate the stress of remote learning and study.
This was a major benefit to the students living in this university residence. Special care
was taken to support those students struggling with mental health issues brought on by
the pandemic.
Surviving lockdown ...
Students living in Ashwell House during the lockdowns survived very well. They adjusted
well to studying at home, sharing social spaces and contributing to the cooking and
cleaning for a large number of people. They also succeeded in their studies, developed
deep bonds of friendship and learnt just how resilient, creative and resourceful they could
be.
Andrea said: 'Living in Ashwell allowed me to have peace, to hav8 SUPPOrt from so many
residents,. and that helped m8 - even preparing all the documents for my dissertation
which had to be transformed from physic81 design objects into digital ones. I had so much
support from everyone in Ashwell that it gave me a lot of confidence."
. and enjoylng freedom agaln
Once restrictions were eased. students from Ashwell House wasted no time in getting out
to broaden their horizons. A group from Ashwell spent a memorable day exploring the
pilgrrm route of St Augustine, from Ramsgate to Canterbury.
A day out in the Kent countryside enabled the students to foster new friendships and set
the tone for life in Ashwell House in the academic year ahead.
First-time Ashwell resident Ashley said.. "We admired the views together and learned
about the origins of Christianity in England. The sun was shining down on us the whole
day. It was simply beautiful."
DHEF'S educational mission Includes creating a positive environment for university
students to study as well as broadening their horizons, particularly through volunteering in
local social projects. This benefits the community as well as enriching the students.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Hazelwood House
www.hazelwoodhouse.or
Hazelwood House continued to reach out to people during 2021 withln the pandemic
restrictions in Scotland.
An important outreach to medical professionals got Unde￿aY in 2021 at Hazelwood
House. An online hub was developed where healthcare workers can meet, talk, inform and
support each other.
The pandemic took a huge toll on the medical profession, so the Hazelwood House
initiative addresses an immediate need. This forum for medics gives them the opportunity
to share positive and negative experiences with the aim of mutual support. Expert
speakers present key information to help professionals working in a stressful environment.
If the medics look after themselves, they will be better able to care for others.
The medical hub heard from Senior civil servant Carol Dutch who spoke on "Developing
Self and Others" Wellbeing is fundamental to self-development, according to Carol, who
told the medics. You need to do some work on yourself in order to get to a place where
you can develop others..
"What can we do with emotions?" This question was answered by Clare Bremner. a
cognitive behaviour therapist working in Glasgow, during another online session.
Clare challenged the busy medical professionals to think about whether they might be too
busy to allow themselves positive feelings such as joy and peace. Are you judging your
emotions? Are you asking yourself what you should or shouldn't feel? What messages are
you sending yourselP Emotions can be regulated with compassion, Clare told the
meeting, and pointed to the work of Professor Paul Gilbert who has pioneered compassion
focused therapy.
The youth club for girls at Hazelwood House continued to offer online activities,which
moved to in-person activities once restrictions permitted.
New families were attracted to the club and one family wrote in appreciation of what the
club had done for their four daughters-.
"Just a short note to say 'thank you, for all you have done for the girls this year- for
welcoming them into the club, all their fun activities, the spiritual guidance and confidence
building talks. It has really meant a lot and we really appreciate it. The girls love the club
and are really gaining so much from it.,
At Hazelwood House in Scotland, the outreach to university students continued during
2021. However, the restrictions in Scotland meant that volunteering opportunities with the
Fast Fonmard project were curtailed.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Families and young people
Despite COVID-19 restrictions youth clubs at DHEF centres continued to offer activities.
These included craft and cookery sessions on Zoom, as well as online talks and
discussions.
As the situation eased, Hillcrest Girls, Club was able to meet in a local school, in line with
the regulations at the time.
Once restrictions were lifted, girls attending the DHEF youth clubs enjoyed In-person
activities such as:
Regular study sessions. including dedicated study weekends.
Outings and trips.
In-person workshops.
Social projects to benefit the local community.
Girls and teenagers who come to the youth clubs at DHEF centres benefit from a range of
activities designed to develop their charact8r. be attentive and supportive to one another
and nurture resilience. This is done through engaging, challenging and fun activities. One
to one mentoring is a feature of the clubs which parents particularly appreciate. Mentoring
helps each girl to recognise her own strengths and weaknesses and to grow through this.
This helps girls in their performance at school.
Launch of the new club year
In September 2021, Hillcrest Girls, Club took a group of 38 girls from the Junior (aged 8 -
11) and Intemediate (aged 12-14) sections of the club on a trip to Thorpe Park. This fun
day out was pitched to launch new club year with an exciting activity to bring the girls
together, help them renew friendships and give them a positive experience after the
anxiety of the pandemic.
One mother said.. "My daughter absolutely loved the trip to Thorpe Park. It was an inspired
choice to get the club programme off to a really exciting start. Saturdays spent at HillGrest
youth centre give a good focus to the weekend for my daughter. She's with her friends,
engaging in really worthwhile activities.
Library buddies - a new social project
Older girls at DHEF clubs take part in social projects. One example is the Library Buddies
volunteering scheme at Croydon library. Every Saturday moming in term time. older girls
from Hillcrest Centre, run a reading programme for local children.
Volunteer leader Susannah said.. 'Croydon Library really liked our idea of weekly sessions
where we listen to th8 children read and do fun, book-based activities with them.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Many of the children who come to the sessions do not speak English at home, so this is a
great opportunity to help them develop further in vital reading skills."
Sofia (15) said.. "I really enjoy volunteering at the library. both reading to the children and
also listening to them read. It is fun seeing the children's different stories and ideas. I think
it's great that l in able to give back to the library where l used to go when I was younger..
This project was a response to a national problem. Nine million adults across England
have low literacy or numeracy skills according to a recent article in "FE News" Adults with
poor literacy skills have poorer health, with 43.10 of adults aged 18-65 routinely unable to
understand health information. A scheme like the Library Buddies can make a real
difference for children in the London Borough of Croydon, which has a high immigrant
population. Hillcrest volunteer Emily (17) can see that sharing her reading skills with the
children is "really impactful"
Authentic relationships
A series of workshops was launched at Hillcrest Family Centre to help parents and
teenage girls to understand authentic relationships. DHEF recognises that teenage girls
need guidance and support in this area of their lives.
In the first session, thirty teenage girls joined a Zoom session with US speaker Jason
Evert, who gave them pointers for happy dating. Teenage dating can be fraught with
difficulties for today's girls. A number of the girls watched the session with their parents,
which gave rise to positive family discussions.
One of many helpful insights from Jason was that while girls are seduced by what they
hear., boys are seduced by what they see. So girls should win over a boy with who they
are, not lure him with their body. Girls need to believe in their own worth and
ommunicate to boys that they are worth waiting for.
Esther. 15, said. I found this talk truly comforting as it answered my questions and gave
reasons for my beliefs and resolutions. I was mofivated to live chastity and help others to
do the same."
VOLUNTEERS
Volunteering changed, of necessity, during the lockdown periods during 2021. Recruiting
activities which normally take place on a person to person basis were suspended.
However, as restrictions eased during the course of the year, our volunteers continued to
be innovative in preparing and running alternative activities.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Wellbeing and mental health
The pandemic has had a huge mentsl health impact on people. In direct response to this,
during 2021 DHEF took wellbeing and mental health to a professional level. Volunteers
who work in all the DHEF centres will get regular input on how to spot mental health
issues and where to go for further help.
DHEF now has an ongoing wellbeing and mental health programme with the key aim of
caring for volunteers so that they can support the girls and women who participate in the
activities across the centres.
DHEF arranged a workshop with Schools Today a professional body with years of
experience in wellbeing and mental health, to help equip DHEF volunteers to take
appropriate action on mental health issues.
One problem besetting young people is a poor understanding of their own emotions
coupled with an inability to talk about them. Feeling second rate and a lack of self-
confidence can also plague them. A further cause of poor mental health is the pressure to
be a high achiever, which pushes young people to be perfectionists with the risk of burn-
out.
All these issues can become crippling for young people rf they are not addr8ssed. A key
message of the workshop was that good listening skills are crucial to recognising the eady
signs of poor wellbeing and mental health. The right sort of listening can make all the
difference in helping to prevent a poor mental health situation from getting worse.
DHEF is mindful of the growing rate of mental health issues in young people. A survey
on "Mental Health of Children and Young People in England 2020" found that one in six
children aged 5 to 16 years were identified as having a probable mental disorder. In the
same survey, 53°/0 of 17-23 year olds reported that their mental health had worsened in
the last three years.
The newly established DHEF Wellbeing Team is committed to contributing to the national
effort to alleviate mental health problems in young people.
FINANCIAL REVIEW
Ashwell and Hazelwood both recovered from the downturn in income in 2020 and
resumed nomial operations after Covid restrictions on residential activities lifted mid-2021.
The properties were able to run at nearly full capacity and income is expected to return to
pre-pandemic levels in the next year. Hazelwood also benefitted from tsking some long-
term fee-paying residents providing a source of stable income for the conference centre.
With regard to other income streams, it is to be noted that Donations in 2020 (£869,127)
were higher than average as the Charity's donors rallied to make an effort to compensate

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
for the loss of income in Hazelwood and Ashwell due to the pandemic. Donations in 2021
(£759,144) are back to previous levels and are in line with the Charity's projections.
The Orme Court Project, a long-tem future project of the Charity has started to come to
fruition as planning pemiission was submitted and approved for this project. Works are
expected to begin in September 2022. As tenants vacated the flats in the Orme Court
properties in preparation for the refurbishment, as to be expected income from the rental
of these flats declined considerably from £224,991 in 2020 to £79,378 in the current year.
Until the works are completed in 2024 no monies are expected from this income stream.
Expenditure in charitable activities for 2021 went down to £1,089,521 following the higher
than usual expenditure in 2020 of £1,365,442 which included the cost of installation of fire
doors and alarms in Ashwell and the exceptional loss in 2020 that had to be recognised
when The Laurels School unexpectedly tenninated their lease of 1 Chelsea Embankment
having found more suitable premises for their needs. The Laurels School vacated the
property at the end of August 2021 and the charity also suffered the loss of the expected
income from the lease to the school in this year. The trustees are exploring various
options for the sale or the long-tenn leasing of this property.
Operating profit bounced back to almost pre-pandemic levels at £455,892. This reverses
the previous yearfs dismal profit result of £120,270,. which was caused by the loss of fees
from Ashwell and Hazelwood due to the Covid 2020 restrictions.
The DHEF trustees, decision to sell its property in Ealing, London contributed to a healthy
exceptional income of £2,148,119 in the Charities accounts.
The final repayment of a long-term unsecured loan held by DHEF was made in 2021
giving the Charity greater financial leeway for projects and growth for the future.
Reserves Policy
DHEF does need to hold reserves for two main reasons. Firstly, reserves are required to
deal with temporary or permanent reductions in unrestricted income. And secondly a
considerable amount of the charity's loans and repayment schedules are denominated in
Euros and therefore the charity is exposed to Euro exchange rate differences. In July 2021
the only commercial loan that the charity had was completely repaid, now the charity only
has concessionary loans (non interest bearing loans) with a flexible repayment schedule.
At 31 December 2021 the charity held reserves of £20,721,365 (2020 £18,117,354).
Those funds held as fixed assets for charitable purposes are £12,294,673 (2020..
12,477757). and a general fund of £8,426,693 (2019: £5,639,597). The Board considers
this position to be satisfactory and reviews the reserves levels regularly.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Risk Management
The directors are aware that DHEF'S activities depend to a large extent on voluntary
donations. A large proportion of these donations come from long-term supporters involved
in the activities carried out in the centres they are funding. Extensive efforts are made to
maintain relationships with these supporters and to increase their numbers. The wide
spread of donors across the United Kingdom mitigates the risk from any one donor. The
charity does also receive unsecured loans from these donors and has flexible terms and
conditions to repay them when required by the private lender.
The fees charged for residential activities are commensurate with other similar services
and are set to cover the cost of running such activities.
Grants given for specific activities or educational activities are strictly applied to those
activities and efforts are made to ensure the costs are kept in line with the funding
available.
The directors also recognise that the charity is subject to operational and financial risks
and they believe they have procedures in place to reduce these risks:
To human life and welfare, by the adoption of health and safety policies and
training
To young and vulnerable people, by having in place suitable policies and
procedures
To operational fixed assets by appropriate maintenance and insurance
To charity resources by appropriate control procedures
Structure, governance and management
Governing Document
Dawliffe Hall Educational Foundation, also known as DHEF. is a company limited by
guarantee (Company Registration No. 1450892) governed by a Memorandum and Articles
of Association incorporated on 26th September 1979 and registered as a Charity, No.
278720 in England and Wales and SC039512 in Scotland.
Organisation
We operate a devolved management structure, which enables us to respond better to
local needs and to foster initiatives at ground level. Our local Management Committees
deal with the day-to-day management of the centres in accordance with the ethos of the
Charity. They set their own priorities, addressing identified needs, and may propose a
national project to the Executive Committee and Trustees. The Executive Committee
ensures the smooth running of the Charity. It provides support for individual and national
projects as and when required. The Trustees meet at least quarterly to make policy
io-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
decisions and are kept fully aware of the activities of the Charity. The Trustees of DHEF
Scotland are the same a5 those of DHEF. During 2021 we employed 4 members of staff
in SGOtland.
Appointment of Trustees
Nominationslapplications to become a Trustee are sent to the Trustees who interview the
person and explain the Charity and its aims to them. Appointment of successful
applicants is then made by following the procedures set out in Articles 47 & 48 of the
Articles of Association. As stated in the Charity's Articles of Association, one third of the
Trustees shall retire by rotation at the Annual General Meeting. There is a policy for the
provision of an induction pack to be given to all new Trustees which is kept up to date.
There is no formal policy for the training of Trustees but each Trustee keeps up to date
through Continuing Professional Development, attending courses, etc.
Maria Alvarez de Toledo tendered her resignation as a Trustee in order to take on the role
of Company Secretary and Chief Executive Officer of the Charity. The demands of the
projects and the future plans required Isabel Abad to concentrate efforts on the financial
aspects of the Charity and she has been designated Chief Financial Officer.
Ann Bennett received no disbursement in relation to her work as the Charity's solicitor.
Pay and Remuneration of Key Management Personnel
The key management personnel of the charity, comprise the Trustees, the Chief Executive
Officer, Chief Financial Officer and the Managers of Ashwell and Hazelwood House
respectively. The charity is fortunate to have staff with amazing loyalty to the charity who
strongly identify with the objects of the charity. The remuneration of our staff is set in line
with the financial consideration of the charity and government guidelines on staff pay.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Reference and administrative details
Locations
Ashwell House
Shepherdess Walk
London N1 7NA
Dawliffe Hall
1-2 Chelsea Embankment
London SW3 4LG
Hazelwood
52 First Gardens
Glasgow G415NB
Hillcrest
33 Plough Lane
Purley
Surrey CR8 3QG
Pembridge House
29 Pembridge Square
London W2 4DS
Rydalwood
43 Pine Road
Manchester M20 6UZ
Winton
114 Banbury Road
Oxford OX2 6JU
www.dhef.or .uk
12

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Company number
1450892
Reglstered charfty number
278720
Scottish charlty number
SC039512
Registered office
10 Wellesley Terrace
London N17NA
Auditor
Rouse Audit LLP
55 Station Road
Beaconsfield
Bucks
HP9 1QL
Banks
HSBC Bank plc
Kensington & Chelsea Commercial Banking Centre
Heathrow House
785 Bath Road
Cranford, Middlesex TW5 9AT
Royal Bank of Scotland
Charities & Not for Profit Sector
61h Floor, 1 Princes Street
London EC2R 88P
Solicitor
Ann Bennett
2 Chelsea Embankment
London
SW3 4LG
Chlef Executive Officer
Maria Alvarez de Toledo
Chief Finance Officer
Isabel Abad
Directors, who are also trustees Ann Bennett (Chair)
Caroline Sanderson (Secretary)
Mary Mulhall
Marta Sauri
Vivian Chinwe Nzewi
Anna Burbidge
13

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Directors, and Trustees. responsibllltles
The Directors (who are also trustees of Dawliffe Educational Foundation for the purposes
of company law) are responsible for preparing the Trustees, Annual Report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
Company and Charity law requires the directors to prepare a financial statement for each
financial year which gives a true and fair view of the state of affairs of the company and of
its financial activities for the period. In preparing these financial statements, the directors
are required to:
select suitable accounting policies and then apply them consistently
observe the methods and principles in the Charities SORP
make judgements and estimates that are reasonable and prudent
state whether applicable accounting standards and statements of recommended
practice have been followed, subject to any material departures disclosed and
explained in the financial statements
prepare the financial statements on the golng concem basis unless it is
inappropriate to presume that the company will continue in business.
The directors are responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the company and to enable them
to ensure that the financial statements comply with the Companies Act 2006. They are
responsible for safeguarding the assets of the company and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
Statement of dlsclosure to audltor
As far as the director5 are aware, there is no relevant audit infonmation of which the
company's auditors are unaware. The directors have taken all the steps that they ought to
have taken as directors in order to make themselves aware of any relevant audit
information and to establish that the company's auditors are aware of that information.
Signed
Date Zi.q.Ioz2
Ann Bennett
Chair
14

DAWLIFFE HALL EDUCATION FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF DAWLIFFE HALL EDUCATIONAL FOUNDATION
Oplnlon
We have audited the a¢¢ounls Df Dawliffe Hall Education Foundation Ilhe 'chariiable company'l for the year 8nded
31 December 2021 whlch comprise the Statement of Flnan¢ial Activities. the Balance Sheet, the Slalemenl of Cash
Flows and the notes lo th8 accounts. including a summary c)1 slgnificant accounting policies. The financial reporting
framework that has been applied in Iheir preparallon Is applicable law and United Kingdom Accounting Standards,
Including Flnancial Reporting Standard 102 Th& Financial Reporting Standard appllcable In lh8 UK and Republic of
Ireland {Uniled Kingdom Generally Accepted Accounting Praclicel.
In our oplnion the accounts..
giv8 8 true and lair view of the stale ol the charitable CoMpan￿S affairs as al 31 December 2020 and of ils
Sncoming resou￿$ and application of resources, including its income and expgndilure, for Ihe year then ended.,
hav8 been properly prepared In accordance wSlh United Kingdom Generally Accepted Accounlfng Practice,. and
have been prepared in accordance with the requir8menls of the Companie5 Act 2006. the Charitigs and Trustee
Inveslmenl (Scolland) Act 2005 and regulabon 8 of the Charilles Account (Scollandl Regulations 2DO6.
Basis for opinion
Wè Conducted our audit in accordance with Internation81 Standards on Auditing IUKI IISAS IUKII and applicable law.
Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the
ac¢oun15 section ol our report. We are indep8ndenl of the charitable company in accordance with the ethical
reqU1￿MentS that are relevant to our audit of the a￿o￿nIS in thè UK, including the FRC'S Elhlcal Slandard, and we
have fulfilled our other ethical responsibilities in accordan¢e with these requirements. We bellove that the audlt
evldoncè wè have obtained Is sufficlenl and appropriate to provido a basis for our opinion.
Con¢luslons rèlating to going eon¢ern
In audlting the financial staiem8n15, we have concluded that the Irusleès, use of the going concem basls of accounting
in the preparah'on of the ffinancial slaleTnents is appropria￿.
Based on the work we havo performed. we have not identified any material uncertainties relating lo events or
ondilions that, individually or Collectively, may cast significant doubl on the charitable company's ability lo continue
as a goin9 ¢oncem for a period ol al least tW84ve rnonlhs from when the flnancial slatemenls are aulhorlsed ￿ Issue.
Our responslbllilles and the responslbilities of the Iruslees with ￿SpeCt to going con￿rn are described in the relevant
sections ol this report.
other Information
The other infomialion comprises the information included the annual report. other than the accounts and our
audllor's report thereon. The Trustees are responsible for the other information. Our opinion on the accounts does
not cover the other inlomialion and, except lo the exlenl otherwise explicitly slated in oui report. we do not 8xpress
any form ol assuranc& conclusion ther80n.
In conneclior) our audit of the accounts, our responsiblllly Is lo read the other infomalion and, in doing so.
Consider whether the other information is malerlally inconsislenl with the accounts or our knowledge obialned in th&
avdil or otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent material
misslalements, we are required lo determine whether there is a malertal Fnissiatemenl in the accoun15 or a material
misslalement ol the other inforfnalion. If. based on the work we have performed, we conclude that there is a material
misstatement of IhSs other information. we are requlr&d lo report that fact.
We have nothing lo report Sn this regard.
Oplnlons on other matters prescribed by the Companle$ Act 2006 and thg Charltlo$ Ac¢ount5 (Scotland
Regulatlon$ 2006
In our oplnion. based on the woik undertaken in the course of our audit..
the information given in the Trustees, Report for the financl81 year for whlch the accounts are p￿ pared Is
consislenl with the accounts,. and
the Trustees. Report has been prepared In accordance with applicable legal requirements.

DAWLIFFE HALL EDUCATION FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF DAWLIFFE HALL EDUCATIONAL FOUNDATION
Maltèrs on which wa ar8 rèquirad to rèport by èxcgption
In the Ilghl of the knowledge and underslandlng of Ihe Trusloes anL% Ils environment obtained in ihe course of the audll.
we have not Idenllfied material misslatemenls Sn the Strategic Report and the Trustees, R8pDrt.
Wg have nothing to report In resp8cI of the following mattws In relallon to which the> Companies Act 2006 and the
Charities Accounts (Scollandl Regulations 2006 requlres us lo rèport lo you if, in our opinion..
adequate and proper accounlln9 records have not been kept. or felums adequate for our audit hav8 not been
receSvod from branches not visil&d by us., or
the accounts are not in ag￿ement wllh the accounting records 8nd ietums., or
certain disclosures of Iruslees, remuneration spgcified by law are not made.. or
we have not received all the information and explanations we require for our audit.
Re$pon8lbllltles of Trustses
As explained more fully in the Slalemenl of Trustees, Responsibilitres. the Trustees, (who are also the directors of the
charitable company for the purposes ol company lawl are responsible for the preparation of the accounts and for belng
satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary lo
enable the preparation of accounts that are free from material misstalemenl. whether due lo fraud or 8rror.
In preparing thè accounts, the Trustees are responsible for assessing the charitable company's ability lo continue as a
golng concem, dSs¢loslng, as applicable, matters related lo going concern and using the golng concem basis of
a¢counllng unless Ihe Trustees eblher Intend to liquldale the charllable company or lo cease operallons, or have no
reallsuc alternative bul lo do so.
Auditorfs responsibilltles for the audit of the financial statements
We have been appointed a5 auditor under section 4411 Ilcl of the Charities and Trustee Investment {SGolland) Act 2005
and under the Companies Act 2006 and report accordance with the Acts and relevant regulations made or having
effect thereunder.
Our obleclSves are to obtaSn reasonable assurance about whether the accoLtnts as a whole are free from rnalerial
mlsstaiemenl. wh8lher due lo fraud or error, and to issue an audiior's report that include5 our opinion. Reasonable
assurance is a high level of assurance, bul is nc>l a guarantee that an audit conducted in accordance with ISAS IUKI
will always detect a material missialem8nl when 11 exlsls. MSsstalemenls can artse from fraud or error and are
consldered materlal Sf, Indlvldually or In the aggregate, thay could r8asonably be expected lo influence the eGonornic
decisions of users taken on the basls of thes8 accounts.
Irregularities, Sncluding fraud. are Instances of non-compllance wllh laws and regulations. Wè deslgn procèdures In line
wllh our responsibllllies, oulllned above, lo delecl material misslalements in respect of irregularities, including fraud.
The exlenl lo which our procedures are capable ol delecling irregularities, including fraud, is detailed below.
Thè oxtent to whlch tho audit was considered capable of detectlng Irregularlti•s includlng fraud
Our approach lo identifying and assessing the risks of material misslalemenl in respect of irregularilies, including fraud
and non-compliance with laws and regvlalions, was as follows..
the eng8gem&nl leam collecllvely had the appropriate Gompelence, capabllilles and skllls to Identify or
recognise non-compliance with applicable laws and regulations.,
through discussions with the Iruslees and other management and from our commercial knowledge and
experience Df the Chafilable sector providing services lo unpaid carefs, we identified tha law5 and regulations
applicable lo the chadlable company,. and
focusing on the specific laws and regulations which we considered may have a direct material effect on the
financial slatem8nts or th& operatqons of the charitable company, we assessed th2 extent of compliance with
those laws and regulations idenlifled above through making enquSrSes of management and inspecllng relevant
correspondence.
16

DAWLIFFE HALL EDUCATION FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF DAWLIFFE HALL EDUCATIONAL FOUNDATION
We assèssed the susc&plibllity of the charflable company's financial slalemenis to material mi5slatement. including
obtaining an understanding of how fmud mlghl OCCUT, by..
making enquiries of managetnenl as lo where they considered Iherewas suscepllbility io fraud. thalr knowledge
r)f actual. suspected and alleged fraud,.
considering the internal controls in place ID mlb'gate risks of fraud and non-compliancè with laws and
gulalions.
To addresg the risk of fraud through management bias and override c*1 controls. we..
perfomied 8nalylical procedures lo identify any unusual or uneKpocled relationships.,
lesled jtsurnal entries lo idenlty unusual transactions.,
assessed whelherjudgemenls and assUMp￿0n$ made in detemiining the accounting estimates were indlcalive
Ctf potential bias., invesliga18d the rationalè behind significant or unusual Iransacfions; and
investigatèd the ralignale behind significant or unusual Iransaclions.
In response lo the risk ol irregularllies and non-complianc8 wllh laws and r8gulallon8, we d88lgn8d Pfocedures which
included, bul were not limited to..
agreeing financial slalem&nl disclosures lo underlying supportlng documentation.,
reading the minutes of me8lings of those charged with goveman¢e',
enquirSng of managemonl as lo actual and potential lity'galion and clalm8'. and
ieviewing correspondèn¢e ￿th HMRC, relevant rggulalors and the charltable company's legal advisors.
There are Inherent limitstions in our 8udit pro¢edures described above. The> more ￿mov￿d that laws and regulations
are from financial Iransaclions, the less likely11 is that we would become awa￿ ol non-compliance. Audibng standards
also limit the audit procedur8s requir&d lo Identify non-compliance with laws and regulations lo enquiry of the trustees
and other management and the inspection of règulatory and legal correspondence, if any.
alerial misstataments that ariso due ID fraud can be hafd&r to detect than those that arise from error as they may
involvg dg1Sberale conc8almenl or collusion.
A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Councll's
websltè al-. http'.IAVw￿.fr¢.Drg.uk1audl10rSf￿$pOnsIbIIilIe5. This description forms part of our audltor's ￿port.
This report is made solèly lo the charftable company's members, as a body, In accordance with Chapter 3 Df Part 16 of
the Companies Act 2006. and lo the charllable company's trustees, as a body, in accordance with the section 44llllc}
of the Charslies and Trustee Investment Iscouandl A¢1 2005 and regulation 10 of the Charities Accounts {Scollandl
2006. Our audll work has be&n undertaken so that we rllighl slate lo the charitable company's rllembers those matters
we are requirod to stale lo them in an auditors, report and for no Dlher purpose. Tts ihe fullest exlenl permltted by law,
we do not accept or aSSLJme responsibility ID anyone other than the charitable company and ils members as a body, for
our audit work, for Ihls r8POrt, or lor the opinions we have formed.
Lolghton Bower (Senlor Statutory Audltor)
for and on behalf of Rouse Audtt LLP
Date.. .2.7...p? ..*).2L
Chartered Accountants
Statutory Auditor
SS Station Road
Beaconsfield
Bucks
HPg 1QL
17

DAWLIFFE HALL EDUCATIONAL FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES AND INCOME & EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2021
Total
2021
Total
2020
Notes
Income
Donations and Legacies
TSP,144
869,127
Charitabl8 Activlties
578,835
44T.043
HMRC fijdough grant
39,313
58.513
Other Tradlng Activities
79,3T8
224,991
Inv95tmènls
8,067
11,317
Other income, exchange rale variance
80,676
Total
1,545,413
1.610,991
Costs of Raising Funds
Gh8ritabl8 activities
1,089,521
1.385.442
Exchange Rate Varlanc8
85,279
Total
1.089,521
1,450,T21
Operatlng Profit
45S,892
160,270
Pfofil on sala of ass815
2,148,119
918,167
Nèt mov•ment in funds
2,604,011
1.078,437
Fund Balances At l January 2021
18,117,354
17.038,917
Fund Balances At 310èc•mber 2021
20,721,365
18,117.354
The statement of financial actfvili$s and income and &xptsndiiur8 account has been pr8pared on thè ba515 that all operatlons are
continuing operations. The￿ ar8 no r8cognised gains and losses other than ihose passing through th8 stat8mant of flnan¢ial
activities and income and èxponditure account.
The statement of flnanclal act￿111￿8 also complies wlth th8 f8quif8m8nts for an income and expenditure account und8r
Companies Act 2006.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2021
2021
2020
Notes
Flx•d a8S•ts
Tangible a8sets
14
12.294,673
12.477.757
Curr•nt a¥s9ts
Debtors= amounts falllng due within one
year
15
29.803
151,231
Loan to PACT falling duè within on8
year
15
507.(X)O
Other deblois falling due wllhin on8
year
15,19
6,142,543
Debtors.. amounts falllng due after more
than one year
LoBn to PACT falling due after more
than one year
6.142.543
15
773.500
520,000
Cash at bank and In hand
23
3,984.776
1,336.523
10.930,622
8.657.297
Credltors: amounts falllng dua wlthln
on8 year
18
11,747.5281
11,940,622}
Nèt currènt ass•ts
9,183,094
6.716.675
Total assets less currènt Ilablllties
21,477,767
19,194,432
Credltors.. amounts falllng duo aft•r
more than one year
17
1756,4021
11.077,0781
Funds
18
20,721,365
18.117.354
Unrestrlcled
General Fund
Designated Fund
8.426,692
12,294,673
5,639,597
12,477,757
20,721,365
18,117.354
The notes on pages 21 to 31 fomi part of th889 acoounts.
V C Nzewl
Dlrector
Company Reglstyatlon No. 1450892
19

DAWLIFFE HALL EDUCATIONAL FOUNDATION
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
Notes
hlet cash flows from op•rating
actlvlt5&5
22
717.634
588.236
Cash flow8 from Investlng actlvltl
Purchase of property, plant and
equlpm8nt
Proceeds from Sale of assots
Interest received
1200,0581
2.282.134
8.067
253,WO
1634.4751
1,022,533
11,317
PACT loan repayment
Net cash flows from invesllng
actlvltl•$
2,343.643
399.376
Cash flows from flnanclng acllvltles
New short.lerm loans
380,900
19,1811
150,0(N)
Ropaymenl of short-lemi loans
New long-tem loans
R8pgym8nl of long-lenn non securad
loans
Interest paid
54.500
{781,0271
13,7161
1545.1071
{8,6011
Net cash flows from fSnanclng
attivitltts
1413.024)
1349.2081
Net Increas&lldecrèa$èl In cash and
cash equlvalents In the year
2,648,253
638,404
Cash and ¢ash oqulva18nl at the
beginning (>f th9 year
23
1,336.523
698,119
Cash and cash equivalents al ihè 8nd of
the year
23
3.984.776
1,336,523
-20-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accountlng pollcles
Accountlng conventlon
The financSal statèments arè prepared und8r th9 historical c¢)31 wrw6ntlon.
Compliance wlth accounting standards
The financial stat8ménts hav8 been prepared in accordance with Accounting 8nd Rèporting by Charities.. Stalgmènl of
Recommended Practice ISORPI applbcable to charities preparing Ihgir accounts In a¢¢ordan¢e wth the Financlal Reporting
Standard applicable in th8 UK and Republlc of Ireland IFRS 1021 leffecllve 1 January 20201- IChariti&s SORP IFRS 102}I, the
Financial Reporting standard applicable in the UK and republlc of Ireland IFRS 1021 and the Compani85 Act 2006.
DHEF meets the definition of a public benefit entity under FRS 102. Assets and liabilities are inStially re¢ognlsed al hlstorical
co81 or Irdnsaction value unless otherwis8 Stated in the relevant accounting polScy notelsl.
Objects and organlsatlon
DHEF encourages families and especially wom8n of all ag85 and cultures and from every sector of society lo rga¢h their
pol8nlial through formal and informal education81 prole¢ts. DHEF has a Chrisiian ethos and in lis actsvilies promotes rgspect lor
the individual, personal freedom. self-confidencè and raswnsibl8 attltud&s Sn prof&ssSonal, private and public lif8.
Wè operate in & d8volv8d m8n8gem8nl structure which enables us Ici respond b8tter lo local n88d5 and ft>ster initiative at
ground l&vel. Our local Managemgnl Comrritt8es deal wllh th8 day-to-day m8nagemenl of tho ¢8nlfgS in accordance wlth th8
ethos ol the charity. They r8POrt to an Ex8CUtiV8 Committ98 which in tsjrn is r8SPOn51b18 to tho Trustees.
Dawliffe Hall Educallonal Foundation Is a registered charity for the advancement of 8duoation wthln the Chrfstian Ideal,
incorpDra19d under th8 Companies Act 2006, limited by guarantee and having no share capital.11 is organised as follows-
Ownership of various properties, the financing of the related mortgages, fundraising activities and general adrninistralion are the
rgsponsibllity of th8 Foundation. The oporation of the propertles is the responsibility of thg various house managem8nt
cornrnitt88s, and they are run in accordance wllh the principles of the Foundation and lo achieve ils obj8CttV8s. In order to
compty with the Charities SORP and as advised by the Charity Commissioners, ihe financial statements Ir￿l￿de the results of
40 of the m8n8gemenl committees, as they afe deemed lo be branches wiihin the meanlng of the SORP. These are Ashwell
Hous8 and Haz8lwood House. Those of some smaller management committees are not included. All trdn8actions be￿veen the
company and Ih88e management comrnittees havo been eliminatgd on consoSldat60n.
Income
Income is recognised when the charity has enliUem6nt ￿ thè fijnds. any perfomance condilions attached lo the stemlsl of
income have ￿en m&t, ￿1 is probable that tha incom8 will be received. and amount ¢an b¢ measured rellably.
Income from gowemmenl and other grants, whelher'capital, grants or'revenue, grant8, is recognised when thg charity has
ents'tlem8nl to th8 ￿nds, any perfomance conditions attached to the grants have been mel. il is probable that the income will be
reco￿0d, and Ihe amounl can be maasured ￿113bfy and is not deforr8d.
For legacies. entitlement is taken as the earfier of the dale on which either.. Ihe charity is aware that probate ha8 been granted.
thè estate has been finallsad and notiflcabon has been madg by tho gxocutorlsl lo Ihe Trust ihal a distribution wlll be made. or
wh9n a dlstributlon Is receiv8d frotn th8 851ate. Receipt of a18gaoy, in who18 or in part. is only considered
probabl8 when the amount can be measured reliably, and the charity has been notlfjed of the executorfs intention lo make a
dlslribulion. Where18gacies have been notified lo the charfly, or thè charity is aware of the granting of probate, and the crlleria
ft>r income ￿CognItion have not been met, then the legacy is a trttaled as a contingent asset.
All incoming resources are sourced from the United Kingdlyn.
21

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Accountlng pollel•$
Icontlnuedl
Donated Servlces And facillt5es
In accordance wlth thè Charities SORP IFRS 1021, the general volunlger lima 18 not recognlsgd. W& ar8 vary 8w&re of the great
benefit the chodty raceivgs from all lis voluntèers. Please refer to thè truslge's annual ￿pOrt for mor8 information about their
onlribution.
Interest r•c•lvabl8
Interest on fvnds on dopos11 is included wh&n receivable and the amount can bg rneasLtred reliably by th8 charity- this is
nomialty upon notification of the interèst P8id or payabla by Ihè Bank.
Expenditure and Irr•coverable VAT
Expenditure is recognised tsnc8 there is a legal or ¢onstructive obllgauon to rHak8 a payment to a third party,11 is probhbly that
settlemanl wll be reqUi￿d, and the amount of the oblig81ion can be measur8d rgliably. Expenditure is ¢la55ifigd undar the
following actwity headings..
Costs of raisiw ￿ndS ¢omprise the cost of organi8ing any fundraising acbvity as well as eosl$ a580cialed wllh
fundraising such as salary costs or admlnlstration of on-line Collecting ag8nci88 overheads.
Ch&ri18ble activities Include costs necessary for the work ofthe charity guch as staff and runnlng costs.
Irrecovorable VAT is charged a8 a cost against th6 acbvity for which thè &xp8ndilure was incurred.
Allocatlon of support costs
SupFrf)rt CO8ls are thos& functions that assist thè work of the charity but do Aol directly undertakè charitable aclivilies. Support
costs Includo the cost of employing the staff in th8 h8ad (Trffice where th6 administrauon of the charfty Lq done.
Tanglbl• ftxed assets and depreclatlon
Tangible fixed assets, other than freehold land, are stated at cosl1gss depreckqtion. Dir8¢1 costs of iangible assèts a
Bapi181ised when Ihe managgment commltt89 believes the asset wlll be of long-tem benefit lo the Charity. Depreciation Is
provided at rates calculated to writè off the cost less eslmal8d iesidual valuè of èaeh a58et over its expected usofvl life. Most
fixturgs and flthngs are depreciated overtsn years.
Land and bulldlngs freehold
Flxlures, fittings & equipment
Buildings- over 100 years straight lin&
Over 3, 5 & 10 y8ars slratghl line
1.10
D•btors and Cr•dltors recelvablelpayablè wlthln one year
Debtors and creditors with no stated inleresl iale and recelvablg or payable ￿thIn on& year are recorded at tran$actlon price.
Any losses arlsing Irorn impalmienl arg r8cognised in expenditure.
1.11
Loants and borrowings
Loans and borrowings are Initial￿ recognised al the Iransactlon price Including transaction costs. Subsequent￿, Ih8y are
measur8d al amortised cost using the effectivè Inl8r981 rdle method. less irnpaimwnt. If an arrangement conslltuteg a finance
Iransaciion it is measured at presènt value.
22-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Accountlng pollcles
Icontlnuedl
1.12
<)ncessionary loans
Coneession8ry loans include thos8 payable lo ihird parties whlch arè inlerasl fre& or b8low market interest ralos and are made
lo advance charitable purposes. Where loans are repayable on d8rnand within one year, the loan is maaSu￿d at cost. Where
loans are repayable in mor8 than one year. the loan Is Initially mea¥ur8d al th8 amount received with th8 carrying amount
adjusted in subsequent years to refiect repayments.
1.13
ImpaSmient
Assets nol measured al fair value are revlewed for any Indlcation that the asset may be impaired al each balance sheet dale. If
such indlcation 8xits, (h8 recoverable amount of the assgt, or the asset's cash generatlng unit, is esllmatad and comparad to the
carrylng amount.
1.14
Forelgn Curr•ney translatlon
Monetary assels and liabilities denominaled In foi6lgn cuirencl88 are translated Into slerflng at the rates of exchange njling al
the balBnce sh8el date. Transaclickns In lor8vJn currencies are recorded at the ral& njling at the dats of th& trangaclion. All
differ&nc8s ar8 Shown in other expendiluro on the slalemenl of financial actlwdes and Income and expèndlture account.
1.15
Golng Concern
Covld-19 r8slricts.ons were lifted In 2021 allowing both Ashwell and Haze￿00￿ to resum8 r8gular activiti88 with income levels
recovering and retuming to nomal18vels. Cash reserves ol the Charity ramain high and cons8qu8nUy th8 Trus188s are satisfied
that the Charity h88 adequate ￿SOurCeS tts continu8 in operational existence ft)r thè foreseeabl8 futur8. For this r898on, the
financial 5ta10rnenls have been prepar6d on th8 going concem basis.
1.16
Judggmonts and koy sourcè$ of o$tlmatlon uncertalnty
The key assumpbons concemlng the future and 0th8r k&y Sources ofestimalion u￿ertaInty at the ￿porting dale that have
significant risk of causing material adjustment lo th8 carrying arnounls of assets and Ilablliiles wllhin th& next financial year are
depreciation and fvture costs associated wth the Orme Court properties (see note 191. Depreciatlon is provid8d al rates
calculated to wrtts off the cost less osumated resldual value of each asset over Its expected useful lif8.
2. Donations and Legacles
DHEF
Ashwell
Hazelwood
Total
Total
House
2021
2020
Donations
671,905
18,996
68,003
758,904
868,208
Fundraising
240
240
919
Grants
Unr•strlctod
671,905
18,996
68,243
889,127
Th8r8 ware no resthcted (k)natlons durlng 202112020.. £Nill.
23-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
3. Incomg from Charllable actlvltles
DHEF
Ashwell
House
Hazelwood
Total
2021
Total
2020
Fe88
157
266,635
119,411
386,203
344,509
Contributions
172,269
19,780
583
192,632
102,534
Covid Grants
12,134
27,IT9
39,313
Unr8slrlcted
184,560
313,594
119.994
618,148
505.558
4. Incomo from other aetlvltl•8
The charity recelves thè rèntal income nel of any expense fr)r the propeFti88 il has an agreement lo purcha8e from Netherthall
Educational Associatlon1888 note 191. The charty has also rec8iV8d somg r8nlal inc¢Kne from 1 Chelsea Embankmènt.
5, Investment Incom&
All the Charity's investment income £8,06712020.' £11,317) arises from money held In int8r8st bearing d8posil accounts.
6. Analysls of oxfftndlture on charltabl• actlvltl•s
DHEF
A$hw?11
Hous?
Haz?Iwood
Total
2021
Advitles undertak8n directly
Giants to other charits'es
Supptyi c08ts
216,234
101,475
240,397
331.371
97,016
644,6Z1
101,475
343,425
51.514
51,514
558 106
382,885
148 530
1089,521
Govemance &Su
ort costs
Head offic8 salBry cog18
49,438
10,594
10,594
70,626
HeAd office & Insuarance costs
39,880
8,546
8,546
S8,972
Interest Paid
3,206
687
667
4.S80
Dopreclation
137,793
29,527
29,527
196,847
Govemanc8
10,080
2.160
2,1
14,400
240,397
343.425
Support costs ate 8llo¢aled based on the space occupi8d. Exp8ndilure on charftabla adv4ties was £1,089,52112020'.
£1.365,4421 all unre$lri¢ted.
-24-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Summary •naly61s gf gxp?ndllure and rolatgd Incomo lor charltablg actlvltl8S
DHEF
A$hwo11
Hazolwood
Total
Hous8
Costs
1216.2341
184,560
1331,3711
313 594
(97.0161
119994
1644,6211
618,148
F••s
Net cost funded from other
Income
131,6741
117,77TI
22,978
126,4731
Interest Payable
2021
2020
Inte￿$t payab16 on non-sgcured loans
8,601
Not Incomèll#xpenditurg1 for the year
Thls is slated after expenses I lin¢om81 of:
2021
2020
DepreciatSon of tanglbla as58ts
Audit fee
Inlgrg81 payable
Forelgn exchanga loss Igainl
249.127
14,400
3,716
180.6761
232,587
14,400
8,601
85.279
10.
Taxatlon
Taxation recoverable represents tax lo be reclaimed from Gift Aid donatlons to the Charity. The charitable company is exempt
from corporats'on lax on Sts charitable acb'vltl&s
11.
Grants paid out
2021
2020
Paid io inslilulions
PACT Grant Paid
60,033
41.442
68,925
25

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
12.
An•lyBI8 of Staff Costs, trust00 rèmuneration and expenses, and the cost of key management personngl
Numb•r of ernployee5
The averag& monthly numbgr of employ8ès {In¢ludlng directors)
durlng the year was..
2021
2020
Delivery of charitable activitVa8
Management and adminlslralron
22
24
26
28
2021
2020
Wagè$ and salaries
Social securfty costs
Pgnsron costs
332,773
7,767
317.417
34,213
11,911
352,￿5
363.541
No employees eamed £60,0(X) p.a. or rnore12020'. nlll.
In aecordance with the Charitles Act 1993 and as allciwed by the Memorandum and Articles of the Charity. paym8llt5 can be
mad8 to the Trustees of the Charfty. However, no charity trustee was pald or r8C95vgd any other benefits from the Charity this
year12020.' £36,371). Two trustees w8r9 rgimbursed this year for oxp8nS88 In¢urred in fulfilmenl of thelr duties as
Truste¢$.. Ana Bufbidge for travel expen888 of E113.55. and Ann Sennett for me81ings with scilicitors £10412020.. £nlll.
The key manag8m8nl personnel of th8 charily cofflprise the truslegs, the Chi6f Ex8CLilpig Officer. Chief'Finance Officer, and tha
Managèrs of Ashwell and HaZeb￿O0d House respectively. The lolal employtse b8n8fits of Ihg key management personnel of th8
Foundation w8rg £70,62612020'. £62.3551.
13.
Related party transactions
The following directors havg made loans lo the company. Thgs9 have no fixed repayment tems and are disclosed In th8
accounts under creditors falling due within one year. N(> Inlgresl was due or paid during tha year.
2021
2020
A. 88nn8tt
24,000
24,000
26-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Trustees. Key Managemènt Personnel, and thèir famllles may give donations lo DHEF.
2021
2020
A. Bennelt
C. MA Mulhall
650
100
14.
Tanglbl• fix•d assots for u8• by th• charlty
Land and
bulldlngs
freèhold
Flxtures,
fittings &
oqulpment
Total
Cost
At 1 January 2021
AdditSons
13.960,6
1.801.607
200,058
16.428
15.762,297
200,058
Dk%pos8L4
179,018
At 31 Dscemb8r 2021
13,781.672
1,985,237
15766909
D•pr•clatlon
Al 1 January 2021
Charge for the year
D8prèciath)n on dlsposal
2,352,024
127,715
55,468
932,516
121,412
5,963
3,284,540
249,127
61.431
At 3106eèmb8r 2021
2.424,271
1047 965
3,472 236
Net bogk valu?
Al 31 Oecernber 2021
11357401
937 272
12.294.673
Al 31 Decernber 202
11,608,666
869,090
12,477.756
15.
Debtors
2021
2020
Tax re¢ovfyrabl&
Other debtors
Loan to PACT
Dèposits and shortfalls Isea nola 191
6,241
23.563
T13.500
6,142,543
36,259
114,972
1,027.000
6.142,543
6,945,846
7,320,774
-27-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Amounts falling du8 aft8r morg than one year and Included in the debtors above are..
2021
2020
Loan to PACT
Deposits and shortfalls Isge note 191
773,500
520,0(K)
6,142.543
16.
Credltors.. amounts falling due wllhln ono year
2021
2020
8ank and othèr loans
Concessionary loans
Taxation and social sgcuiity
Other credltors and accruals
291,027
1,573,354
1,738
1,695,073
2,350
50,105
74,502
1.747,528
1.940,621
I the loans are unsècur8d loans.
17. Croditor¥: amounts falllng due after moro than ona yèar
2021
2020
othgr foans
ConcègsEonary loans
756,402
1.077.078
Analy818 of loans
Not wholly ￿paYable withln ffve years by in$talments
Wholly r8payable withln fiv8 y83rs
82,352
2,369,123
199,745
2 741 714
2,451,475
1.695,073
2.941,459
1 864,381
Included in curr8nt1SabillNos
T56,402
1,077,078
Loan maturlty analysls
Bgtwgen iwo and fiva years
In fve years or more
674,050
82,352
877,333
199,745
Tha £3.716 Inleresl paid on Ihe uns6cur8d loan of £291.027 was al a fixed rale Df 1.7%. Thls is th8 only un8ecured loan of tho
Chority and il has now b88n complgtgly repaid. Conc95sionary loans amount to £ 2.451.475 8re non-interest bearfng and not
sècured 108ns.
28-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
18.
Fund reconclllatlon
Unre$trlcted
Funds
1 January
2021
Incomg
Expendllure
Tran$for$
31 Decemb
2021
Gen8ral Fund
5,639,597
3,693,532
{1,089,5211
183,084
8.426,692
D88ignated
12.4TI.757
1183,084)
12,294,673
18.117,354
3,693,532
11,089,521}
20.721,365
Th8 Irusteès havè set a$ld8 part of the unrestricted funds relating to fixed assets that are used for the furtheranc8 of the
chadty's purposes as a dgsignaled fund. This tund remalns part of the unrestrlctsd funds of the charity, while quanufying th8
charity's reserve wlitty and th8 level of r88erves il holds.
Fund deserlptlons
al Unrastrthd funds
Th8 unrestn'ct8d itnds are those funds held by thè Charity forth8 charitabl8 objeolives.
bl Designated funds
Th8 fund represents an amount set aside by the trust8è5. from gen8ral funds. lo apportion th8 valug of function81 fixeil a8sels
Used for the fvrth8rance oflhe charity's alms.
Analysis of net assets belween funds
Unreslrlcted
Funds
Oeslgnated
Funds
Total
Funds
Fund balancos at 31 Dèc•mbor 2021
Tanglbla fixad assats
Current a55ets
Cr8ditors'. amounts failing due
Ihln on& year
Cr8dltors'. amounts falling due
aftgT ong year
12,294,673
12,294,673
10,930,622
10.930.622
11.747,5281
11,747,528)
{756,4021
1756,4021
Tol81 n8t a8s8ts
8,426,692
12,294,673
20,721,365
-29-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
19.
Contlngent Il&blliti?$
DHEF has entered into an agreement to purchase a property, 3 Orme Court, Londtsn W2, from Netherhall EducatlDnal
ASS(￿l8110n, another charlty with sirlli18T objectives, for UP to £2.5m at some point In thg fvlure. when vaeant posses&or7 of the
whole property is avallab18. In the ffleantime, they have paid a daptssll of £1.Sm Its th8 vendors, whloh Is included in d8btors. A
S8cond agreement has been ent8rod into with the same vendor on the same t8mis with regard lo an adI￿ent property al 2
Orm8 Court. Th& prlc& of th8 second propgrty is £3.6m. Thls amount ha$ bèen paid to the vendors and 18 Includ8d In debtors.
Under the 8gr88ments. DHEF will recelve any surplus or make good to the vendors any shortfall in njnning expenses and
mortgag8 repayments not coverad by thg rgnls received from the propertles. DHEF Is also responsible forth8 cost of alteration8
and r&(urbishmenl of the propertles. To date the co81 of ￿fUrb1shMent on the first property is £616,52912020.. £616,529) and
£425,97812020.' £425,9781 on the s8cond and both these amounts are also In¢lud8d in dtsblors. It Ss not po$8ibl& lo quantify
This debtor has trdnsferred thls year lo d&btors within on8 y8ar as we expect to ￿change and complete before the end of
2022.
Members guarantèe
Each member has guaran18ed lo ¢ontribule lo the ass&ls in thg event of any unpald debis shouhd the company be wound up.
The guarantee Is Ilmlled lo £1 p8r mèrnber.
21. Lgswr op&ratlng1o8$0
Thè opgrallng lea8e represents a lease grant8d to 8 third paty. The lease was negotiat8d ov8r18rm3 of 25 yearn and rental
were r￿ed for 5 y88rs. Under the lease the tenanl was perrDitted to lemiinate the laase on 31st of August tn any year of the
contract lem subject lo at least 6 months. notlce in writing. The tenant seNed ntstice in writing on the 28 Fgbruary 2021 and
the lease was t8rrninat8d on the 3191 August 2021. Total income from Ihg lease in 2021 £55,723.
22.
Reconclllatlon of operaling proflt to net cash louffiowylnflow from opèratlng actI￿tIeS
2021
2020
Op8ratlng profit
455.892
160.270
Dtspre¢ialion of tangible Bssets
249,127
232,587
Intèr8st rac8ivable
18.0671
111,3171
In18resl payable
3,718
8,601
D9creas91llncrea8e} in debtors
121,428
84.897
Increase In Ildecre85e} In Creditors
123.7861
27,805
Foreign exchango loss
180,6761
85.393
Nel cash louffiowyinflow from op8raling activities
717.634
$88,236
30-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
23.
Analysls of cash and cash equlvalents
2021
2020
Cash in hand
3,574,776
1,286.523
On dep0811
410.000
50,000
Total cash arKJ cash equivalents
3,984,778
1.336,523