Company Registration No. 1450892 (England and Wales)
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 2024

DAWLIFFE HALL EDUCATIONAL FOUNDATION
CONTENTS
Page
Directors, and Trustees, report
Auditors, report
Statement of financial activities
and income & expenditure account
14
Balance sheet
15
Cash flow statement
16
Notes to the financial statements
17-25

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
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 slalemenls for the year ended 31 December 2024 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 Associalion. and Accounting and Reporting by Charities.. Slalement 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 1021 (effective 1 January 2015}.
CHAIR'S REPORT
Over the last faw years, the trustees realised that there was a need lo study how best to expand DHEF'S
work in the future, especially wilh young people and families. bul also lo make sure that the centres have
the state-of-the-art facilities which they need to carry out this work.
The trustees decided that this was a twofold challenge and required additional support and expertise. To
meet this need, Tamezin, which is a registered Charity with number 1213835 was sel up in 2024 to
oversee all Ihe activities that lake place in and from the cenlres in the various properties owned by
DHEF. The responsibility for the managernent and running of the centres by Tamezin comes with the
strict condition that all activities carried out are in acGordance with the visionlmission and values of
DHEF as set out in its legal objects.
With the establishment of Tamezin. DHEF can now concentrate on the future development of projecls
supported by il and look at Ihe practical areas of providing the material facilities thal meet the ever-
changing legislation and government recommendations. With Tamezin the centres have the support and
access to expértise they need to carry out their mission in accordance with our overall aims.
Tamezin can build on the solid foundation laid down by DHEF over the years, and grow its outreach and
service to families, women and children. The transfer of activities lo Tamezin will enable the core mission
of DHEF to meet the challenges of the modern world.
Work on the Orme Court Project continued during 2024. We are on target for compl81ion during 2025
when this centre will be ready for use. We moved fonmard with our plans to dispose of some of our
assets which are no longer fil for purpose. Once these properties are sold the trustees will decide on the
priorities for expansion as well as make funds available to improve and Ltpgrade the facilities of our
existing premises in order to enhance the scope for activities carried out in Ihese centres.
To make our dreams a reality, We, as always. rely on the help of our many benefactors and volunteers.
We are deeply grateful to them for their continuing generosity, which makes possible all lh8 work we
undertake. We are confident that the changes we have outlined above will benefit all those who
contribute to and benefit from our activities.
2024 was therefore a year of positiv& change which we trust will carry on to the future for the good of
many.
Ann C. Bennett
Chair
Date..
,q.2oZ

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
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 developm8nt of character in accordancé
with Christian principles and ideals
To support, own and operate charitabl8 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 centr8
and as a base from which the work of the charity is done.
Vision
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, h@Iping lo 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 learn lo 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 Iheir age or cultural
background.
Values
DHEF promotes respect for the individual, personal freedom, self-confidence and responsible altitudes in
professional. private and public life.
Approach
In shaping our activities. the Iruslees have considered the Charity Commission's guidance on public
benefit {including the guidance 'public benefit.. running a charily, {PB2)). In particular, the trustees
consider how our planned activities contnbute to our educational objectives. DHEF cenlres provide a
warm and welcoming environment for women of all ages. offering opportunities to widen educational
horizons and to lake 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 lo
achieve. Our work with adults aims lo offer practical help with personal, social and family development.
Who benefits from DHEF propertieslcentres?
DHEF encourages families and especially women ofall ages and cultures and from every sector of
society lo 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-confidenc8 and
responsible attitudes in professional, private and public life.
DHEF owns seven properties or educational cenlres in the United Kingdom, each centre is run by a
Management Committee that oversees the charitable activities in and from centre. The Iruslees of DHEF
saw the need for a body lo assist and support the Management Commillees in providing educational and
charitable services being offered in the centres owned by the Foundation.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
In response lo this need Tamezin (which is also a registered charity with similar aims to those of Ihe
Foundation) was sel up in 2024 and has been given the responsibility for the running and organisation of
the different activities in the various cenlres.
The responsibility for the management and running of the educational activities have been therefore
transferred lo Tamezin with the stipulation that all activities in and from the centres are in accordan
with the visionlmission and values of DHEF
Tamezin also aims to keep up to date with the changes in Charity legislation and practice which it can
pass on to various Management Committees to ensure that they are delivering the charitable services in
accordance with the Foundation's objects.
This delegation of responsibilities will enable the Foundation lo concentrate more on the expansion of
the charitable services being offered in its various ￿ntreS and the ability to provide state of the art
facilities for all ils beneficiaries throughout the country.
AII DHEF educational centres include in some way the following two aspects=
1. Activities for young people where they learn lo 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 lime to help others. All the
activities take place in an atmosphere of cheerfulness and fun.
2. Families are supported through talks, 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.
Activities currently organised in and from its centres are listed below.
Ashwell House
wvNI.ashwellhouse.or
Ashwell House continues to servè thè neads of female students in London. During 2024, DHEF'S sludenl
residence, located in the heart of London, was a home from home for domestic and international
students. The residence was filled to capacity throughout the academic year 2023-2024.
Ashwèll Hous8 off8rs high quality accommodation and also supports students in their personal
development. Students benefit from individual mentoring. which helps them navigate the emotions and
stresses of university life. This is particularly important at a lirne when many young people are
experiencing poor mental health.
Residents al Ashwell are encouraged lo join in with the range of cultural activities organised each term.
This is key to helping students to use their leisure time well and lo have a good sludylleisure balance.
Volunteering is particularly important and during 2024, residents took part in regular sandwich runs to
support the homeless in the local area.
A highlight of the year was a trip to Rome during Holy Week. A large group from Ashwell joined other
students from around the world for several days of spiritual and cultural input.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Ashwell House continues to offer life enhancing experiences as part of DHEF'S goal to help women fulfil
their potential. In 2024, Ashwell residents took part in a 100 km walking pilgrimage to Santiago de
Composlela.
Other oulslanding events were a careers fair and the traditional Christmas concert which attracted over
150 people.
During 2024, Ashwell House maintained ils reputation as an outstanding residence. Sarah wrote.. 'My
beautiful home away from home, Ashwell House. I've stayed here for two years and have had an
unforgettable experience I will cherish for life., Anastanija described Ashwell House as 'not just a place
to stay, but a supportive and lively community.. Citalli said. The sense of community fostered here is
remarkable. During my time at Ashwell, I've had the opportunity to make lasting Iriendships with people
from all over the worfd and learn about different cultures.
Hazelwood House
www.hazelwoodhouse.o
2024 was a vibrant year for Hazelwood House.
The youth club continued to offer local girts a safe and nurturing space outside school. During 2024 more
mothers were involved in running activities, which was a great way lo help foster good mother and
daughter relationships.
Hazelwood House is ideally suited to offer fun activities to bring together local people. This is important
in a culture where loneliness and isolation are a growing social problem. The annual Hazelwood House
dog show fulfils a key role in the local community. 2024 saw more canine 8ntrants than ever before,
enabling their owners to renew friendships and experience a greater sense of belonging.
In line with DHEF'S central goal lo support families. Hazelwood House welcomed the Messy Families
Project from the USA. in March 2024. Project founders. Mike and Alicia Hernon gave presentations over
an afternoon and evening to a packed audience, covering issues such as setting clear boundaries for
children, learning how to respond and not react and how lo navigate the messiness of family life.
Supporting families
Supporting families continues to be a priority for DHEF. During 2024 regular sessions for young mothers
were held al Winton, DHEF'S centre in Oxford. Mothers have an opportunity lo hear from an expert
speaker as well as coming together to share their own experiences and learn from one another. This
programme allracled a large number of mothers from the local community, and covered topics ranging
from time management in a busy household to involving the whole family in keeping the housé clean and
tidy.
The Winlon programme fulfils DHEF'S mission to raise the slalus of the home and family lo make society
better place for all families lo bring up their children.
Hillcresl Family Centre in South London continues to be an important hub for local families. In particular,
the centre has been running a SMART course for local mothers. The SMART course looks at the routine
tasks of running the home and organising family life through the prism of five key specifics.. specific,
measurable, achievable, relevant and lime bound.
During 2024, families had an opportunity lo meel up at picnics and to attend tha annual family pilgrimage
to Aylesford.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Inspiring young people
2024 saw DHEF expand its outreach to young people. Activity base clubs for girls flourished in
Hazelwood House, Hillcrest Family Centre and Winton.
The clubs offer girls and teenagers a wide range of activities.. crafts, cooking and sports. A distinctive
feature of the clubs is the one-to-one mentoring offered to each one. This helps the girls to understand
themselves b8ller and contribut8S to their personal growth.
DHEF promotes volunteering as a key way to help young people gain a widér understanding of the world
around them. Winlon runs a programme for students in Oxford including monthly sandwich runs for the
homeless and singing in local care homes.
Winton has also developed an outreach of spiritual formation for students al Bristol University. Bristol
students are contributing to their local community through teaGhing catechism in local parishes.
A highlight of 2024 was an overseas volunteering project. 30 young women travelled to Croatia to work
with the Sisters of Charity looking after some of the poorest people in Zagreb. This was an inspirational
experience for those who took part, giving them a deep insight into the plight of people living with the
minimum needed to sustain life. The trip also combined a spiritual dimension with a visit to Médjugorje.
Wellbeing and mental health
Tha DHEF Wellbaing Team facilitated two important events in 2024.
'Building character in young people. was a day conference aimed at giving parents the confidence to
navigate the teenage years. The sessions were led by Ciro Candia. a former headteacher and founder of
ProParent, a national parenting network.
The conference was well received wilh feedback such as. l only wish I had heard these ideas a few
years ago. And. Lots to get my teeth into now and my wife and I will begin putting these ideas into
practice.
The Wellbeing Team identified that many people struggle to make sense of an increasingly noisy and
confusing world. They responded to this need by holding an event tilled 'The Pillars of Happiness,. The
seminar looked at a sense of belonging, purpose and meaning in life, seeking positive emotions and a
sense of tranS￿ndence. This event allracted people from across south London.
Social inclusion
The DHEF property in Brixlon located in south London is home to the Baytree Centra, a social inclusion
project catering to women of all ages. Baytree. which started life as project of DHEF and now a charity
in its own righl since 2017, conlinued to expand its mission lo empower women and girls, with 420kn moro
women using their Servi￿$. 600 individuals were enabled by Baytree and its partners lo a¢￿sS grants
to significantly improve their financial stability. This meets DHEF'S rernit to relieve poverty.
During 2024, 496 girls and young women participated in 3,400 sessions aimed al developing new skills,
building confidence and resilience and enabling girls lo thrive al school. This was made possible by a
marked expansion of the volunteer base, with over 400 volunteers giving more than 7,600 hours of their
time.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
On 1 January 2024, activities and operations of Ashwell House and Hazelwood House become part of
Tamezin which is the charity now responsible for the management and running of Ihe educational
activities of DHEF properties. The financial activities of both Ashwell House and Hazelhouse no longer
form part of the DHEF accounts. We will refer in this review lo the continued activities of the Charity
wilhoul these two Gentres as shown in the SOFA.
Income in 2024 increased mainly due to a higher income from investments (from £134,361 in 2023 to
£444.889 in 20241 which comes from Interest on funds on deposit.
Expenditure on charitable activities also increased (from £1.025,227 in 2023 10 £1,083.020 in 20241, due
mainly to the rent on the lease signed for Pembridge House after the sale of this property in January
2024. The operating profit declined lo £258,389 in 2024 from the 2023 figure of £294,318.
DHEF sold a property129 Pembridge Squarel for £9.415.640, boosting total profil to £9.369,172.
The Orme Court building project, a long-lerm future project of the Charity, is due for completion by the
end of 2025. Payments towards this project of £4.467,518 in 2024, give us a total investment of
£6,062,114 as shown in the balance sheet under Assets under construction. With the completion of the
refurbishment of these properties, DHEF has good prospects for income from these properties. and the
Charity can look forward to better operating profits in the future.
Reserves Policy
DHEF holds its properties in order lo deliver the charitable educational aims, and so these properties are
not considered as part of Ihe charity's reserves as their sale would impact th6 ability of the charity to
deliver ils objectives.
DHEF does need lo hold reserves for two main reasons. Firstly, resetves 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 Euro and therefore the charity is exposed
lo Euro exchange rale differences. The charity only has concessionary loans {non-interest-bearing
loans) with a flexible repayment schedule.
Al 31 December 2024 the charity held reserves of £30,394.855 (2023 £21,091,394) Those funds held
as fixed assets for charitable purposes are £25,724,38112023'. £19,974.772), and a general fund of
£4,670.474 (2023.. £1,101,617). The Board considers this position lo be satisfactory and reviews the
reserves levels regularly.
Risk Management
The direGtors are aware that DHEF'S activities depend lo a large extent on voluntsry 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 lo maintain relationships with these supporters and
to increase their numbers. The wide spread of donors across the United Kingdom miligales the risk
from any one donor. The charity does also receive unseGured 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 sel lo
cover the cost of running such activities.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDEO 31 DECEMBER 2024
Grants given for specific activities or educational activities are strictly applied lo those activities and
efforts are made to ensure the Gosts 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 operational fixed assets by appropriate maintenance and insurance
To charity resources by appropriate control procedures
Structuro, 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 261h 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 belter to local needs and to
foster initiativés at ground lèv61. The Trustees meet at least quarterly to make policy decisions and are
kept fully aware of the activities of the Charity. The Trustees of DHEF Scotland are Ihe same as those of
DHEF.
Appointment of Trusteès
Nominationslapplications lo become a Trustee are sent lo 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. There is a policy for Ihe provision
of an induction pack to be given lo all new Truste85 which is kepl up to date. There is no formal poliGy for
the training of Trustees, but eaoh Trustee keeps up to date through Continuing Professional
Development, attending courses, elc.
As stated in the Charity's Articles of Association, one third of the Trustees shall retire by rolation at the
Annual General Meeting. Mary Mulhall and Anna Burbidge both stood down as trustees in the Annual
General Meeting of 19th September 2024 and both were re-elected
Ann Bennett received no disbursement in relation lo her work as the Charity's solicitor.
Pay and Rèmuneration of Key Management Porsonnel
The key management personnel of the charity, comprise the Trustees, the Chief Executive Officer and
Chief Financial Officer. The charity is fortunate to have staff with amazing loyally 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.

OAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Reference and administrative details
Locations
Ashwell House
Shepherdess Walk
London N17NA
Dawliffe Hall
2 Chelsea Embankment
London SW3 4LG
Hazelwood
52 First Gardens
Glasgow G41 5NB
Hillcresl
33 Plough Lane
Purley
Surrey CR8 3QG
Rydalwood
43 Pine Road
Manchester M20 OUZ
Winlon
114 Banbury Road
Oxford OX2 6JU
1-3 Omie Court
London W2 4RL
Baytree
300-302 Brixton Road
London SW9 6AE
www.dhef.or

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Company number
1450892
Registered charity number
278720
Scottish charity number
SC039512
Registered office
10 Wellesléy Terraca
London N1 7NA
Audltor
Rouse Audit LLP
55 Station Road
Beaconsfield
Bucks
HP9 1QL
Banks
HSBC Bank pl
76-78 Kings Road
London SW3 4TZ
Royal Bank of Scotland
London Drummond
49 Charing Cross,
London SW1A 2DX
Solicitor
Ann C. Bennett
2 Chelsea Embankment
London
SW3 4LG
Chlef Executlve Officer
Mafia Alvarez de Toledo
Chief Finance Officer
Isabel Abad
Directors, who are also trustees
Ann C. Bennett (Chair)
Mary Mulhall
Marta Sauri
Anna Burbidge
Elena Cardenal

DAWLIFFE HALL EDUCATIONAL FOUNDATION
REPORT OF THE DIRECTORS & TRUSTEES
FOR THE YEAR ENDED 310ECEMBER 2024
Directors. and Trustees, responsibilities
The Directors (who are also trustees of Dawliffe Educational Foundation for the purposes of company lawl
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 lo prepare a financial stalement 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..
seleot 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 lo any material departures disclosed and explained in Ihe financial
statements
prepare the financial statements on the going concern basis unless il is inappropriate lo presume
that the company will continue in business.
The directors are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any lime the financial position of the company and lo enable them to ensure that the
financial slalemenls 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 disclosure to auditor
As far as the directors are aware, there is no relevant audit information 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
lo make themselves aware of any relevant audit information and lo establish that the company's auditors
are aware of that information.
Signed
Date 4-.q ￿.
L.(.
Ann C. Bennett
Chair
10

DAWLIFFE HALL EDUCATIONAL FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF DAWLIFFE HALL EDUCATIONAL FOUNDATION
Opinion
We have audited the accounts of Dawliffe Hall Education Foundation Ilhe'charilable company'l for the year ended
31 December 2024 which comprise the Slalemenl of Financial Aclivilies, the Balance Sheet, the Slalement of
Cash Flows and the notes lo the accounts, including a summary of significant accounting policies. The financial
reporting framework that has been applied in their prepaolion is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK
and Republic of Ireland (United Kingdom Generally Accepted Accounting Praclicel.
In our opinion the accounts..
give a true and fair view of the slate of the charitable company's affairs as al 31 December 2024 and of ils
incoming resources and application of resources, including ils income and expenditure, for the year then
ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,.
and
have been prepared in accordance with the requirements of the Companies Act 2006, the Charities and
Trustee Invoslmenl (Scollandl Act 2005 and regulation 8 of the Charities Account IScolland} Regulations
2006.
Basls for oplnlon
Wa conducted our audit in accordance with International Siandards on Auditing IUKI {ISAs IUKII and applicable
law. Our responsibilities under those standards are further described in Ihe Auditor's responsibilities for the audit
of the accounts section of our report. We are independent of the charitable company in accordance with the ethical
requirements that are relevant lo our audit of the accounts in the UK. including the FRC'S Ethical Standard. and
we have fulfilled our other ethical responsibilities in accordance with these requirements. Vve believe that tho audit
evidence we have oblained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to golng concern
In auditing the financial slalemenls, wè have concluded that the Irust8es' use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating lo events or
¢onditions that, individually or collectively, may cast significant doubl on the charitable company's ability lo
onlinue as a going concern for a period of al least twelve months from when the financial statements are
aulhorised for issue
Our responsibilities and the responsibilities of the Iruslees with respect to going ¢oncem are described in the
relevant sections of this report.
Other Informatlon
The other information comprises the information included in the annual report, other than the accounts and our
auditor's report Ihereon. The Trustees are responsible for the other information. Our opinion on Ihe accounts does
not cover the other information and, except to the extent otherwise explicitly slated In our report. we do not express
any form of assurance conclusion Ihereon.
In connection w¢lh our audit of the accounts, our responsibility is lo read the other information and, in doing so,
consider whether the other information is materially inconsislenl with the accounts or our knowledge obtained in
the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent
material misslalemenls, we are required lo determine whether there is a material misslalement in the accounts
or a material misslalemenl of the other information. If, based on the work we have performed, we conclude that
there is a material misslalemenl of this other information, we are required lo report that fact.
We have nothing lo report in this regard.

DAWLIFFE HALL EDUCATIONAL FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF DAWLIFFE HALL EDUCATIONAL FOUNDATION
Opinions on other matters prescribed by the Companies Act 2006 and the Charities Accounts (Scotlandl
Regulations 2006
In our opinion. based on the work undertaken in the course of our audit..
the information given in the Truslees, Report for the financial year for which the accounts are prepared is
consislenl with the accounts., and
the Trustees, Report has been prepafed in accordance with applicable legal requirements.
Matters on which we are requlred to report by exception
In the light of the knowledge and understanding of the Trustees and ils environment obtained in the course of the
audil. we have not identified material misslatemenls in the Strategic Report and the Trustees. Report.
We have nothing lo report in respect of the following mallers in relation to which the Companies Act 2006 and the
Charities Accounts Iscollandl Regulations 2006 requires us lo report lo you if. in our opinion..
adequate and proper accounting records have not been kept. or returns adequate for our audit have not been
received from branches not visited by us,. or
the accounts are not in agreement with the accounting records and returns., or
certain disclosures of trustees, remuneration specified by law are not made.. or
we have not received all the information and explanations we require for our audit.
Rg$ponsibilltles of Trustees
As explained more fully in the Slalemenl of Trustees, Responsibilllies, the Trustees. {who are also the directors
of the charitable company for the purposes of company lawl are responsible for the preparalion of the accounts
and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine
is necessary lo enable the preparation of accounts that are free from material misstalemenl, whether due lo fraud
or error.
In preparing the accounts, the Trustees are responsible for assessing the charitable company's ability to continue
as a going concern. disclosing. as applicable, mallers relaled lo going concern and using the going concern basis
of accounting unless the Trustees either intend lo liquidate the charitable company or lo cease operations. or
have no realistic allernalive but lo do so.
Auditor'$ responsibllities for the audit of the financlal statements
We have been appointed as auditor under section 4411 }Icl of the Charities and Trustee Investment IScolland} Act
2005 and under the Companies Acl 2006 and report in accordance with the Acts and relevant regulations made
or having effect Ihereunder.
Our objectives are lo obtain reasonable assurance about whether ltte accounts as a whole are free from material
misstalemenl, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable
assurance is a high level of assurance but is not a guarantee that an audit conducted in accordan￿ with ISAS
IUKI will always delecl a material misslalemenl when it exists. Misslalemenls can arise from fraud or error and
are considered material if, individually or in the aggregate. they could reasonably be expected lo influence the
economic decisions of users taken on Ihe basis of these accounts.
Irregularities, including fffiud, are insiances of non-compliance with laws and regulations. We design procedures
in line with our responsibililies. outlined above, lo delecl material misslalemenls in respect of irregularities,
including fraud. The exlenl lo which our procedures are capable of delecling irregularities, including fraud, is
detailed below.
Tho extent to which tho audit was ￿nSIdered capable of detecting irr9gularities includlng fraud
Our approach lo identifying and assessing the risks of material misslalemenl in respect of irregularities. includlng
fraud and non-compliance with laws and regulations. was as follows..
the engagement team collectively had the appropriate competence, capabilities and skills lo 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 of the charitable sector providing services lo unpaid carers, we identified the laws and
regulations applicable lo the charitable company,. and
12

DAWLIFFE HALL EDUCATIONAL FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF DAWLIFFE HALL EDUCATIONAL FOUNDATION
focusing on the specific laws and regulations which we considered may have a direct material effect on
the financial slalemenls or the operations of the charitable company, we assessed the exlenl of
compliance with those laws and regulations identified above through making enquiries of management
and inspecting relevant colrespondence.
We assessed the susceplibilily of the charitable company's financial statement5 to material misstatement,
including obtaining an understanding of how fraud might occur, by..
making enquiries of management as lo where they considered there was susceptibility to fraud, their
knowledge of actual, suspected and alleged fraud,.
considering the internal controls in place lo mitigate risks of fraud and non-compliance wlh laws and
regulations
To address the risk of fraud through management bias and override of controls, we..
performed analyiical procedures lo identify any unusual or unexpected relationships.,
tested journal entries lo identify unusual Iransaclions,.
assessed whether judgements and assumptions made in determining the accounting eslimales were
indicative of potential bias,. investigated the rationale behind significant or unusual transactions., and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations. we designed procedures
which included, bul were not limited lo..
agreeing financial slalemenl disclosures lo underlying supporting documenlalion.,
reading the minutes of meetings of those charged with governance..
enquiring of management as lo actual and potential liligalion and claims,. and
reviewing Corresponden￿ with HMRC. relevant regulators and the charitable company's legal wlvisors.
There are inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial Iransaclions, the less likely il is that we would become aware of non-compliance.
Auditing standards also limit the audit procedures required lo identify non-compliance with laws and regulations
lo enquiry of the Iruslees and other managemenl and the inspection of regulatory and legal correspondence. if
any.
Material misslalements that arise due lo fraud can be harder lo delecl than those that arise from error as they
may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting
Council's website al.. hllp'.Ilwww.frc.org.uklaudilorsresponsibili118s. This description forms parl of our auditor's
report.
This report is made solely lo the charitable company's members, a$ a body, in a¢¢ordan¢e with Chapter 3 of Part
16 of the Companies Act 2006, and lo the charitable company's Iruslees, as a body, in accordance with the
section 4411)Icl of the Charities and Trustee Investment {SGolland} AGI 2005 and regulation 10 of the Charilles
Accounts (Scollandl 2006. Our audit work has been undertaken so that we might slate lo the charitable company's
members those matters we are required lo slate lo them in an auditors. report and for no other purpose. To the
fullest exlenl permilled by law, we do not accept or assume responsibility lo anyone other than the charitable
company and ils members as a body. for our audit work, for this report, or for the opinions we have formed.
Q_- LLf
Lgighton Bower (Senior Statutory Audltor)
for and on behalf of Rouse Audlt LLP
Date:
Chartered Aceountants
Statutory Auditor
55 Station Road
Beaconsfield
Bucks
HP9 1QL
13

DAWLIFFE HALL EDUCATIONAL FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES AND INCOME & EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Notes Di5o)nb'nu8d
Conb'nued
DHEF
Dis(xnlinued
Contlnued
DHEF
Activilies
Activit￿8
Consolidated
Total
Total
2024
2024
2024
2023
2023
2023
Income
Donalions Legad88
452.806
452.806
59.219
Sff2.293
581.512
Chariiable AcllvlU8$
400.311
400.311
789.344
131,462
920,80e
Other Activities
14.400
14.400
30.Q50
13.972
44.022
Investments
444.889
444.889
285
134.361
134.646
Olhw Income
29.003
29,(X)3
18.284
18.284
Total Income
1.341.409
1,341,409
878,898
8W,372
1,679,270
Ex
endl
Chariiable acllv4lle8
1,083.020
1,083.020
523.093
1,025.227
1,548.320
Payments made lolrecdved by
DHEF
423.eoo
1423.6001
Transfer oftangible a55ets
Di5tribulion of net curr8nt
a55e15
95,573
195,5731
65.711
85,711
Total Expendlture
65,711
1.083.020
1.148.731
1,042.266
506,054
1,M8,320
Operatlng Profil
165.7111
258,389
192,67
1163,36BI
294,318
130,950
Prtsflt on sa10 of a558ts
15
9.110.T83
9,110,783
Net movement In funds
165,7111
9,369,172
9,303,461
1163,3681
294,318
130.950
Total funds brought forward
65.711
21.025,683
21,091.394
229.079
20.731.365
20,960.444
Total funils carrled
lorward
14
30,394,855
30,394,855
85.711
21.025,683
21,091.394
The stalement of financial activltl8s and Incomè and èxpènditure 8ccounl has been prepared on the basis thal all operations
are continuing operations. There are no recogni5ed gains and Ios59S Other than those passing through the sialernenl of
financial activities and income and expenditure account.
The statement of financial activiti8s also compli85 with th8 requirements for an income and expenditure accounl under
Companies Act 2006.
14

DAWLIFFE HALL EDUCATIONAL FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
Flxèd as$gts
Tangible oss8ts
10
19,662,267
18,380,176
Assets under ¢onslruolion
10
6,062,114
1.594,596
Current assets
Debtois.. amounts falling due wlhing
one y88r
11
768,540
121.460
Loan to PACT falllng due withing one
year
253,500
Loan lo PACT falling du6 after mor8
than one year
11
520.000
520,000
Cash al bank and in hand
17
6,065,050
3.142.282
7,353,590
4,037,242
Creditors amount falllng due
within one year
13
{1.905,1771
12.373,677}
Net current assets
5,448,414
1,663,565
Total asset5 les5 current liabilities
31,172,795
21,638,337
Cr8ditor5.- amount falllng due after
more than one year
13
1777.940}
1546,9431
Funds
30,394,855
21,091,394
Restricted Fund
15.005
Unreslricled General Fund
4.670.474
1,101,617
Unrestricted Designaied Fund
25.724.381
19,974,772
14
30,394,855
21,091,394
The notes on pages 2110 29 form part ofthes8 a¢¢ovnts.
Approved by the Board and aulhorised for issue on
Elena Cardenal
Dlrector
ompany Reglslratlon No. 1450892
15

DAWLIFFE HALL EDUCATIONAL FOUNDATION
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Nèt Ca$h flows from operating
aetlvltle5
16
1426,3951
356,398
Cash flow from Inv•stm•nt
actlvltles
Purchasè ol propaty, pl8nl and
equipment
io
11,922,775>
1291,7131
Proceeds from sale of assets
15
9,390.197
Payments towardg assets undèr
construction
10
14,467.5181
11,195,255)
Interest received
444,889
134,646
PACT loan repayment
13
253,500
Net cash flows from Investment
activitles
3,698,293
11,352,322)
Ca$h flows from flnanclng
activities
New short temi loans
505,000
680.000
Rgpaymenl of short lemi loans
1614,1301
127.0001
Repayment of long-temi non
secured loans
1240,0001
N•t cash flow$ from flnanclng
ctivities
1349,1301
653,000
Net increaselldecreasel In cash
and cash equivalent In the year
2,922,768
1342,9241
Cash and cash equivalent at the
beglnning of the year
Cash and cash equivalents at
the ond of tho yèar
17
3,142,282
3,485,206
17
6.065,050
3.142,282
16

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting polieies
Accountlng convontlon
The financial siatements are prepared under Ihfj hlstorical cost ￿nventIOn.
Compllan¢o wlth accountlng 6tandards
The financial stalernenls have been prepared in accordance with Accountlng and Rewrting by Charities.. Ststement of
Recommended Practice ISORPI applicable to charities preparing Ih8ir accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20231- (Charities SORP IFRS 10211,
the Financial Reporting standard applicablo in tho UK and r8public of Ireland IFRS 1021 and the Companies Act 2006.
DHEF meets the definition of a public benefil enlily under FRS 102. Asséts and li8bililies are initially recognis8d al hlstorfcal
cost or transaction value unless otherwise stated in the relevant accounting polioy notelsl.
Objècts and organlsatlon
DHEF encourag&$ families 8nd especially women of all ages and cultures and from every sector of society lo reach their
ptstential through formal and informal educational projects. DHEF has a Christian ethos and in its activities promotes respect
for the individual. personal freedom, self-confidence and responsible attitudes in professional. private and public life.
We op8rale in a devolved management struclure whleh enablfys us to rgspond better to local n88d$ and foster ini118tive al
ground level. Our local Management Commiitees d8al with the doy-lo-day management of the centres in accordanc8 with the
ethos of the charity. They ￿port to an Executive Committeo which in turn is responsible lo the Trustees.
Dawlrffé H811 Education81 Foundation is a registe￿d charity for ihe advancement of education within the Christian ideal,
ineorporaled under the Companies Act 2006, limited by guarantee and having no share capital. It is organised as follows..
Ownership of various propertles, the flnanclng of the related mortg8gfy$, fundraising aclwilies and general administr81ion are
the responsibilily of the Foundation. The Baytree Centr0 15 under th8 r8sponsibility of Tho B8ytre8 Cgnlre with Charity numbgr
1175145 while the other DHEF properties are run by the r6spo¢kn'vo house man8ggmenl cornmitte8s under the Tespy)nsibility of
Tamezin (Regislered Charily 12138351
Income
Income is reco9nised when the chaiity has entitlément lo the funds, any perfomiance conditions attach8d lo the ilemlsl of
income have been met. It Is probabl8 that th8 in¢om8 will be rtsceived, and amount can be measured reliably.
Incorne from government and other grants, whelher'capitsl, grants or'revenue, grants, is recognised when the charity has
8nlillem8nl lo the funds, any perforrnance conditions attached lo Ihe grants have been mel, it is probable that the income will
b8 reoeived, and the arnounl can be measured reliably and is not deferred.
For legacies, entitlemenl is taken as the earlier of thè dat8 on whl¢h gilhor.. Ihg charity Is 8W8rg that prob818 has bean gr8nl8d.
the estate has been finalised, and notification has been rnade by the exeoutorfsl lo the Trust that a distribution wll be made,
or when a dlslribution Is re¢eived from the estal8. Re¢8ipl of a leg8cy. in whol8 or in part, is only considered
probab18 wh8n the amount can be measured reliably, and the charity has been notified ol the executorfs intention to make a
distribution. Where legacies have been notified to the charity, or the charity is aware Of the granting of probale, and the criteria
for income recognition have not been met, then ihe legacy is a treated as a contlngenl asset.
All incoming resourw are sourced from the United Kingdom.
17

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollrlg$
Icontlnugdl
Donated 5ervlc95 and fa¢llities
In accordanc8 with thè Charili&s SORP IFRS 1021, the general volunteer lime is not recognised. We are very 8w8re of the
great benefit the charty rec8W98 frorn all ils volunteers. Please refer lo the Iruslee's annual report for rnore infomiab'on 8bout
their contribution.
Interest recelvable
Interest on funds on deposit is included when rece*vable and the amount can be measured reliably by the charity., this is
nomialty upon r￿lif1¢allOn of the interest paid or payable by the Bank.
Expendlture and Imcov•rabl• VAT
Expenditure is recognised once the￿ is a legal or constnLtive obligation to make a payment to a third party, it is probably that
settlement will be required, and the arnounl of ihe obligation can be measured reliably. Expenditure is classified under the
following activity headings..
Costs of raigng hjnds comprise the cosl ol organising any fundraising activity as well as costs ASS(￿lated with
fundraising such as salary costs or administration of on-line collecting agencies overheads.
Charitable activities include costs necessary lor the work ol the charity such as staff and running costs.
Irrecoverable VAT is charged as a cost against the activity lor which the expenditure was incurred.
Allocatlon of 611PPOrt costs
Support costs ar¢ those fvnctions Ihal assist th8 work of Ihtr charity t￿1 do not directly undertake charitable 8ckn'vilies. Support
costs include the cost of employing tha staff in Iha héad Office wh8r8 tha administration of th8 charity is don8.
Tanglble flxed assets and depreciation
Tangible fixed assets, other ihan freehold land, are staled al cosl less depreciation. Direct costs of iangible assets are
oapit81ised when the management committee believes the asset will be of long-term benefit to the charity. Depreciation is
provided at rates calculaled lo write off the cost less estimaled residual value of each assel over its expecled usefvl life. Most
fixtures and fittings are depreciated over len years.
Land and buildings freehold
Fixtures, fittings & equipment
Buildings- over 100 ygars slrawJhl line
Over 3. 5 & 10 years straight line
1.10
Debtors and Credltors r•c•lvablelpayablo wlthln on• y•ar
Debtors and credilors with no slated Inte￿St rate and receivable or payable within one year are ￿corded at transaction price.
Any losses arising from impainment are recognised in expenditure.
Loans and borrowlngs
Loans and borrowings are initially recognised at the transaction price induding transaction Costs. Subsequently, they are
measured al amortised cost using the effective interest rate rnelhod, less impairnienl. If an arrangement conslitules a
finance Iransaciion It is measured al present value.
18

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting poli¢ies
Icontinuèdl
1.12
Concessionary loans
Concessionary loans include those payable to third parties whlch are interest free or below markel Inte￿$t rates and are made
to advance charitable purposes. Where loans are repayable on demand wltiin one year, the loan is measured at cost. Where
loans are repayable in MO￿ than one year, the loan Is Initlally m8asurod al th8 amount r8cèived with thè carying amount
adjusled in subsequent years to reflect repayments.
1.13
Impairment
Asseis not rneasu￿d at fair value are reviewed foc any indication that Ihè assét may be impaired at each balan￿ sheet dale.
If such indication exlts, the recoverable amount ol the asset, or the asset's cash generating unlt. is estimated and compared to
the carrying amount.
Foreign Currency translallon
Monetary assets and liabilities denorninated in for8tgn currencies are translated into slerfing al the rates of exchange ruling at
the balance sheet dale. Transactions in foreign currencies are recorded al the rale ruling al the date of the Iransaclion. All
differences are shown in other expenditure on the statement of financial activities and income and expendilure account.
1.15
Golng Concern
C8sh reserves of the Charity rernain high and consequently the Trustees 8re sabsfied that the Charity has adequ819 r8sourceg
lo oonlinue in operational existenc8 lor the foresee8ble fulvre. For this reason, the financial slalemenl8 h8ve been prepar￿1
on the going concerll basis.
1.16
Judgements and key sources of estlmatlon uncertainty
The key assumptions conceming the future and other key sources of es(irnalion uncertainty al the reporting dale that have a
significant risk of causing malerial adjustment to the carrying amounts ol assets and liabilities within Ihe next financial ye8r is
depreciation. Depreciation is provided at rates calculated to write off the cost less eslirnaled residual value of each asset over
ils expected useful life.
Investmènt Incomo
All the Charty's investrnenl incorn& £444,88912023.. £134,646) arises from money held in Inte￿$1 bearing dèposil accounts
19

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysls of expendlture on charltable actlviti*$
Total
2024
Activities undertaken dir8clly
Grants to oth8r chariti85
284,335
126,330
Support costs
672,355
Transfer tsf a558ts
65,711
1.148,731
Governance and su
ort costs
Head offlce salary costs
118,358
Head oifice & insurance co815
ITI.573
Bank charges
874
Depreciation
361,270
Govgfnancglaudil
14,280
872,355
Analysls of expendltur? and rolated In¢om8 from eharltablè aetlvltlès
Cost
1284.3351
Fees
4CX),311
Net cost funded from other income
115,976
Net Incomellexpendlturel for the year
Thls Is stat•d after eharglng..
2024
2023
Depreciation of tangible Assets
361,270
344,340
Audit fee
17,000
16,940
Forgign ex¢hang& Igainyloss
129.0031
118.2841
20-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Taxatlon
Taxation ￿e0Verable represents tax to be redaimed from Gift donations to th¢ Charity. Thg charil8ble ¢ompany is exempl
rrom corporation tax on lis charitablè a¢livi11gs.
Grants pald
2024
2023
Paid lo inslilulions
56,292
59,883
Grant pald to PACT
70,038
67,397
Total
126,330
127,280
Analysis of Staff Costs, trust88 remungration and expensgs, and Ihg Wst of kgy management personnel
Number of employees
The average monthly number of employees (including dlrectorsl durfng the yeai was..
DHEF
Dlseontlnuèd
Consolldated
2024
2023
2023
Delivery of charitable activities
M8nagerngnl and adminislralion
18
18
19
23
DHEF
Dlscontlnued
Consolldatsd
2024
2023
2023
Wages and salaries
96,332
321,150
422,924
Social Security Costs
P8n5ion Costs
3,209
14,117
23.141
18,817
10,805
15.893
Totsl
118,358
346,072
461.958
No employees gamed £fjO,000 p.8. or more12023.. £ nill.
In accordan￿ with the Charities Acl 1993 and as allowed by the Memorandum and Articles of the Charity, payments can be
made to the Trustees of ihe Charity. However, no charity trustee was paid or received any other benefits from the Charity this
year12023.' £nill. Two Irustees were ￿1MbUrSed this year lor expenses incurred in fulfilment of their duties as Trustees.. travel
8XP8lls&s wére paid lo Ann Bennett £1,38212023.. £1.2251, and £1312023.. £nill to Anlla Burbidge for the cost of ID
Verificalioft.
Following th8 $8p8r81ion of Ashwell and Hazelwood, the key management p8rsonn81 of the ¢hority now comprise the trustees.
the Chief Executive Officer and the Chief Finance Officer. The total employee benefits of the key rnanagemenl per80nnel (>f
the Charity in 2024 was £45.12312023.' £74.6921.
21

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
Related party transactlons
The following directors have made loans lo the company. Thèse have no fixed repayment terms and are dlsclosed In th&
accounts under creditors falling due within one year. No Énleresl vrfas due or paid during thè year.
2024
2023
Bennett
16,000
24,000
Truste¢8. Key Management Personnel. and thelr fafflili85 may give donations to DHEF.
2024
2023
Mulh811 J
650
750
Bennett A
600
10.
Tanglble fixed ass•ts for use by the charity
Land and
Fixtures,
flttings &
equipment
Total
bulldings
freehold
Cost
At 1 January 2024
20,107,917
2,408,002
22,515.919
Additions
1,824,376
98,399
1,922.775
th'sposals
1364,9421
1364,9421
Al 31 Oecember 2024
21,567,351
2,506,401
24,073.752
Depreclatlon
Al 1 January 2024
2,764,999
1,370,744
4.135.743
Charge for the year
182,197
179,073
361,270
Depreciatlon on di5pos81
185.5281
185,5281
At 310ec8mb8r 2024
2,861,668
1,549,817
4,411,48S
Net book value
Al 31 Deoemb8r 2024
18,705,683
956.584
19,662,267
Al 31 December 2023
17,342,918
1,037,258
18,380,176
The figures abov8 irKI(Kle the purchase of No 1 Orme Court, London W2, for £1.8m.
The flguras abov9 do nol include £6,Oe2,114 under the hèading 'Assets under Construction" in the BaL8nce Sheet. which
fers lo the cost of works related to the properties 1, 2 and 3 Ormg Court. London W2. These propèrli85 hav8 be8n
undergoing a complete refurbishment lor the last two years. Works 8re expected to finish in 2025. when the lolal figur8 und8r
this heading will b8 transferred to tangible assets.
22-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Debtors
2024
2023
Tax recoverable
5.017
5.770
Other deblors
Retained furids from sale of
assets
Loan lo PACT
263.523
115.fj90
500,000
520.000
773,500
1,288,540
894,960
Amounts falling due after more than one year and included in the debtors above are..
2024
2023
Loan lo PACT
520,CKJO
520.000
12.
Credltors.. amounts falllng due wlthln one year
2024
2023
Conceswonary k>8ns
1,671,943
2,211,073
Taxation and sctial security
1,957
4,835
Other creditors and accwals
231.27T
157.769
1,905,177
2,373,fj77
All the bans are unsecured loans.
13. Credltors.. amounts falllng due after more than one year
2024
2023
Conces8ionary108ns
777,940
546,943
Analysis of Loans
Nol wholly repayable within flvè yèars by instalments
Wholly repayable within five years
16,988
2.741,028
2.449.883
2,449,883
11,671,943)
2.758,016
12,211.0731
Included in current lialj'lities
777,940
546,943
Loan maturlty analysls
Between Iwo and five years
In fiv6 years or morè
777,940
529,95S
16.988
Con¢essionary108ns arnounl to £ 2.449,88312023.. £ 2,758,016) are non-inleresl bearing and not secured loans.
23

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
Fund ￿Concl10aIl0n
Funds
31 De¢gmber
Income
Expendlture
Transfèrs
31 December
2023
2024
Resiricled
Fund
15,005
115,0051
General Fund
1,101,617
10,452,192
11,133,726)
5,749,609
4,670,474
Designated
19.974,772
5,749,609
25,724,381
21,091,394
10,452,192
11.148,7311
30,394,855
The trustees have set aside part of the unrestricted funds relating to fixed assets that are used for the furtherance of the
charity's purposes as a designated fund. This fund remalns part of the unrastrlelsd funds of Ihg charity, while quantifying the
charity's reserve policy and the level of reseNes it holds.
Fund descriptions
al Unrestrioled funds
Thè unrestricted funds are those funds held by the charity for the charitable objectives.
bl Designated funds
The fund represents an amount set aside by the trustees, from general fur￿5. to apportion the valu8 of functional fixed asset5
used for the lurtherdnce ol the charity's aims.
Analysi$ of ngt asse¢s between funds
General
Deslgnated
Funds
Total
Funds
Funds
Analysls of net assets between funds
Tangible fixed assets
25.724,381
25,724,381
Currenl assets
7.353,5
7,353,590
Creditr)rs.' amounts failiw duè within one year
11.905,1761
I1,￿5.176>
C￿dItOrS.. amounts failirYJ due after more Ih8n on8
year
Total nèt ass81$
1777,9401
1777.9401
4,670,474
25,724.381
30,394,855
All funds are unre8tricted funds.
24-

DAWLIFFE HALL EDUCATIONAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
15.
Sale of Assets
DHEF sold 8 property, 29 Pembridge Squa￿, for £ 9.415,640 in 2024 and198sed il back lill 31&1 July 2025. £500k (included in
current asselsl are held in a escrow account until thts dale when th8 property will be vacated. The amount committed in the
lease for 2025 is £ 26.250.
16.
Reconclllatlon of operatlng profit to n•t cash louffiowllinfl¢>w from operating aotivities
2024
2023
Operating profil before purchase I disposal of assets
258,389
130,950
Cash dispos8d of as part of discontinued operations
1153,4211
Depre￿atIon of tangible assets
361,270
344.340
Interest receivab18
1444,889}
1134,6461
Ilncreaseydecrease in deblors
1515.1781
161.0861
Increasel{decro8s81 in crgditors wthin on8 year, no loans
96,437
95,124
foreign exchange Igainllloss
129.0031
118.2841
Nel cash loutflowyinflow from operating actiwties
1426,39SI
356,398
17.
Analysis of cash and cash equ5valents
2024
2023
Cash in hand
465,050
222.282
On deposit
5.600,000
2.920.000
Total cash and cash equivalents
6,065.050
3.142,2W2
18.
Tran$f*r of totsl not a8$trts to Tamezln
On 1 January 2024, the activities and operations of both Ashwell House and HaZe￿00d House became part ofTamezin,
another UK Charity. DHEF remained Ihe owner of the propertles and Iherafor$ the figur& for th6 fixed assets tomained Ihg
sarne.
Ashwo11's and Hazelwoo(t's lolal net current assets at 1 January 2024 of £65,711 were transferred lo Tamezin. (Current
assets.. £77,097. cash.. £153,421, current liabilities.. £164,807).
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