REGisfERED COMPANY h'UMBER: 02141451 (England and Wales) REGISTERED CHARtTY NUMBER: 297098 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL sfATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2025 FOR THE CRABBLE CORN MILL TRUST (A COMPANY LIMITED BY GUARANfEE) Mccabe Ford WiLLianL8 Clwtered Accountants Charlton House Dollr Street DOVER cr16 IBL
THE CRABBLE CORP4 MILL TRUST CONTENTS OF THE FINATriCIAL STATEMENTS FOR THE YEAR ENDED JI DECEMBER 21)25 Page Reference and Administrative Detai Report of the Thistees 2 to 3 Ind¢pendeDt Examiner's Report StatemeDt ofFin4n¢ial Activities BalAn£e Sheet 6 to 7 Note5 to the Financi81 St*temcDts 8 to 13 Detailed Statement of Finanfial Activili 14
THE CRABBLE CORN MILL TRUST REFERENCE Af4D ADMINtSTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2025 TRusfEES A E Collitjs HWReid B R Walters D KeniDgale COMPANY SECRETARY A E Colli% REGISTERED OFFICE CEabble Corll Mill IA>wer Road River DOVER Kent CT170UY REGISTERED COMPANY NUMBER 02141451 (England and We5) REGISTERED CHARITY NulBER 297098 INDEPENDENT EXAMINER Mccabe Ford Williams Charteied Accountants Charlton House Dour Street DOVER Kent CT16 IBL Page I
THE CRABBLE CORN MILL TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees who ar¢ also directors of the charity for the pwes of the conwa£$ Act 26. psent their report with the fancIal ststements of the Charity for the year ended 31 December 2025. The tte have adopted th¢ provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities prepaTing their accounts ith accordance with the Financial Reporting Standard applicable in the UK and Republic of Ire19d (FRS 102) {effectiv¢ l January 2019). OBJECTIVES AND ACTIVITILS Objectivos and #in The object of the Trst is to promote the education of the public through the reslorntion and PreSertion of Crabble Con] Mill, River, Dover. Kent and through the development and use of the Mill a5 a working tnuseum exetnplifyitjg the processes and tec1m1qeS involved in historic milling by wdter EMTrwer, particularly related to the 19th Century. Significant activities General repair work continues.. General repatr work has been canied out during the year. The main repalts have been to the sluice gate to the .11 wheel. it being fully renewed by a local resident with the cost be ODiy for ]Daierials. He also started T¢PaiTS on the fiver wall, while still not compl¢t¢ he hope to start a8aiD the sulllmer of 2026 wher¢ th¢ river level drops. Public bellefit The Trtee5 have had due regard for the public beu¢fit gUidae published by the Charity Con)mission. ACHIEVEMENTS AND PERFORMANCE Charitable activities 2025 Events l) As nomJAI the main fund-raising event of the year was the May Beer Fe5tiva] which went well. Our thanks as nomul go to lo¢ people and companies within the locAi community sp)nsored the event. We did Thot ruD the annual October CiderFestival. the TTUStees thoUt the financial risk too hi. 2) Music nights and 1Z nights continue to b¢ su¢c¢&sful within the comuwllily, and we now hold a much-valued regular custom. 3) Chtistmas again saw families from all oyer the local area attending breakfast with Sanla and the afternoon ViSiLS to Santa in his Grotto. 4) "Wheels of Till. continues, wbich encourages young people to visi( nw5eums and in doing so collect badgeg from ¢ach one they attend. Mill sttsff ats¢Dded their annual meeting and said it was enjoyable. Thanks, must again go io all our YolunteeTS. l)oth old and new, for all the Iwd wotk in the OT8anisÈtion of all these events, as many hours are put in long before the a¢ll1 events tske place. FIP4ANCIAL REVIEW Financial position 2025 has been a difFicult year for the Tnt, due m?inty to the drop iti fwtfall alld tx)okings, this has again sadly meant a deficit on the Trust aoUllts for the year of -£4.763. One good sign for year has been the new voluntr$ from last year have settld An and have be¢n a total et when it comes to rLulng ¢v¢nts and carrying out repairs. The treasurer bas got well in(ti things and fought hard with one of the utility companies to get us a substaDtial refijnd. It is to be rep)rted that the TTading Cowauy w&5 abl¢ this year to transfer the total sum of £4,759 into the Trusts accounis. Page 2
THK CIL4BBLE CORN MILL TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 FUTURE PLANS Planned lor 2026= There is still nttd to renew or repair nre nJil] windows. h(Trw¢v¢r wimlows bave to be by hand and replaced like for like al an ¢stimat¢d cost of £2,000 each. The cottage front doors will need to b¢ replaced as they are in a very Pgor condition. Our new treasureT is looking to find futtding not just for these repairs but for a ke over of the Mill frontage. Our con¢ems are still the drop iti visitors to events and to the Mill for tours amt hire. It is thought lo be the way thing5 are at present with families watching their budgeL However the trustecs al0 with the volunteos have said they are going lo do all they can along to tum this around for and during 2026. STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The ChilY is a company limited by guarantee.and not having a share capital. It was iTKorpora*d in May 1987, and the Metnoralldum & Articles contsin the provisiotks. wbich regulate the puryow wt adtniDistration of the Charity. Approved by order of the board of on 17 August 2026 and sigued on its bebalf by. H W Reid- Trustee Page 3
INDEPENDENf EK4MINI ER'S REPORT TO THE TRUSTEES OF THE CIi4BBLE CORfi MILL TRUST llldependent examiner's report to tbe trustees of The Crabble Corn Mill Trnst ('the COnany,> l Teport to the charity trStee5 on my exominaiion of the accounts of the CompaDy for the year ended 31 December 2025. Respongibilitles and bA5is ofreport As the charity's tnkstees of the Company (and ajso its diTtttors for the purp)ses of company law) you are resportsible for the preparation of the accounts in accord with the tequirernents of the Conwllni&% Act 21Y)6 Cthe 2006 ACV). Having satisfied myself that the accounts of the Company we not required to be ali1¢d under Part 16 of the 21)Q6 Act and are eligible lor independent exan)ination. I report in respect of my examination of your rhatity5 accouTLts as carried out under Section 145 of th¢ Clwities Act 2011 2011 Act). In carrying out my exatnination I have followed the Dir¢ctions given by the Chatity CollKni&sron Under Section 145{5) 0)) of the 2011 A¢t. Independent examiner's st*¢ement I have completed rny exalatio I confinn that no matters have Con lo my aitenlion in connection with th¢ exatnination giving me ¢aus¢ to believe.. aLLounting recoids were not kept in resp( of the Company as required by Section 386 of the 2006 Act. or tht accounts do no( accord with those records- or th¢ accounts do not cojnply with the accounting requir¢ments of stion 396 of the 2006 A¢1 oth¢r than any requirement thai the accouDts give a tru¢ and fair viewwhich is twl a nMtter¢onsidered as part of an independent exatniDatiou,' or the accounts have not been prepared in &ccord8n¢¢ with th¢ methiKis and principles of th¢ Statetnent of Reconunended Prdctice for awounting and rertIng by chaTiiies (applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)). I have no Concerns and have me across no other matters in conneclion wtth the exan)ination to which altention should be draTr in this report in order to enable a proper Understalldll of the accounts to be reached. Jonathan Fullarton Bsc {Hons) FCA Mccabe Ford Williar ClwteTed Accountants Charlton House Dour Street DOVER Kent CT16 IBL 17 August 2026 Page 4
THE CRABBLE CORN MILL TRUS STATEMEiYf OF FINANCIAL AcrtlqTIKS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Total fi]nds 2024 Total fund5 fuT Notes INCOME AND EP4DOWMENTS FROM Donations and legacies 4.759 4,759 5,983 Other trading activitles 26,903 26,3 37,140 Total 31.062 31,662 43.123 EXPENDtruRE ON Cbat4table activities Maintaining the Mdl and its equiprnent Managernent and administration 30.467 5,958 30,467 5.958 42.463 8,922 Tol41 36,425 36.425 51,385 NET INCOME1(EXPEr4DuRE) (4,763) (4,763) (8,262) RECONCILIATION OF FUNDS Total fLmds brougbi fonwd 12.817 1,650.(XIO 1,662.817 1.671,079 TOTAL FUNDS CARRIED FORWARD 8,054 I,650.> 1.658.054 1,662,817 The notes forn) part of these financial Ststellnts Page 5
THE CRABBLE CORN MILL TRusr BALANCE SHEET JI DECE.MBER 2025 2025 Totat 2024 Total Unrestrided Ethk)wmetht fw)ds Notes FIXED Assrrs Tangibl¢ &ss¢ts Investsnenls 1.650.000 1.650,000 1,650,075 1.650,(XJO 1.650,(x)I 1.650,076 CURRENT ASSETS Cash at bank and in hand 10.828 10.828 15.306 CRKDITORS Amounts failtng thIe wiihin one year io (2.775) (2.775) {2,565) NET CURRENT ASSETS 8.053 8,053 12,741 TOTAL ASSETS LLSS CURRENT LIABILITIES 8.054 1,650.(K)O .658.054 1,662,817 NET ASSETS 8.054 I.650,0 1,658,054 1,662,817 FUNDS Unrestricted fimth.. General fund Endowment fimds 8,054 1.650,(100 12,817 1,650,000 TOTAL FUIYDS 1,658,054 1,662,817 The charilable eompany is ¢Dtitl¢d to ¢x¢mption from alldii und¢T Sxtion 477 of the Companies Act 2(K16 lor the Y ended 31 De¢¢mb¢r 2025. The llbeT$ have not requi1 the company ¢0 obtsin an audit of its fiAancial ststements for the year ended 31 December 2025 in accordance with Section 476 of the Con4)anies Act 2(M)6. The trtee5 acknowledge their reSpO81b11jtieS for {a) ensuring that the charitable company keeps xccowiting records that co]nply with S¢¢tions 386 and 387 of the Comp2Aies A¢t 2006 and preparing financial statements which ve a tn and fair view of the stsk of affaS of the charitabl¢ Company as at the end of each financial year a[ of its surplus or deficit f(Trr each financial year in accordance tbe requirements of Sections 394 and 395 and which otherwise comply with the requiteulents of the Comp2ni¢s Act 2006 relating lo (ancIal Statements, so far as applicable to the charitable ootnpany. Ib) The notes forni part of these financial ststenrnts Page 6 continued...
THE CRABBLE CORN MILL TRusr BALANCE SHEET- continued 31 DECENIBER 2025 These fitmncial statetnents have been prepared in accorda[e with the provisions applicable to Charitsble companies subject to the small ¢ompanics regime. The flnancial statetnents wer¢ approved by the Board of Trustees and authorised for i55u¢ on 17 Allgu5t 2026 and wer¢ signed on its behalf by.. H W Reid- Trustee Th¢ fotm part of these finan¢ial Statennts Page 7
THE CRABBLE CORN MILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 20Z5 STATUTORY INFORMATION The Crabble Corn Mill Tnjst is a chan"table company, limited by guaraDtee. r¢te[ed in England wjd Wales. IJJ the event of the charity being wound up any property remaining would be Ven to another charity with similar objects aod if no propety remaine(L the liability of the metnbet5 would be limited to £1. The charitable copan5 registered nulllber ard Tegist¢red offi¢¢ addtess call be foulld on the Refern)ce and AdtDinistratAve Detai15 page. The financial statements are presented iti $ierling (£) which is th¢ fUWhal currency of the cbarity and roumled to th¢ n¢ar¢sl whole p)und. ACCOUNTING POLICILS Basls ofprepatlNg the IlnAncl%l sttements The financial statements of the charitable ¢ompany. which is a pvbli¢ knefit entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Reconunended PTactice app1]ble in the UK a1 Republic of IrelaTrJ (FRS 102) (effective l January 2019),. Financial Reporting Standard 102 'Th¢ Financial RertIng Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The finala1 staiemenis have been prepared under the historicai cost convention, with the exceplion of investments whi¢h are iDcluded at rnatkei value, &% tnodified by the revaluation of certain assets. Financial Reporting Standard 102- reduced disclosure exemptions The charithble company has taken adyantsge of ihe following discloswe exemptsoD in preparing these financial stateTnents. as permitted by FRS 102 Tr Finawial Reportillg Ststmlard applieable Ati the UK and Republic of Ireland,: the requirements of Se¢lion 7 Stat¢ment olC4sh Fl¢)ws. Preparation of tonsolidated financial 5tatemcnts The fITn¢]l statements contttin information about The Crabble Corn Mill Trust as atl individual charity and do not Contain consolidaÈed financial information &s the parent of a group. The charity is exempt under Section 4(X> of the Companies Act 2006 from the requirements to prepare consolidated finala1 statements as it and its subsidiary undertaking are included by full CoOI1d#tIOn IR the coL801]dated fillancial staiements of its parenL whose registered tsffice is.. Income AII in¢on is reeowsed iti the Stalement of Financial Activities once the charity has entitlement to the fijnds, it 15 probable tl]at the income will be rec¢iv¢d and the Can be rne&wred reliably. Income invoiced in advance is deferred to the p¢rii)d to which it relates. Expenditure Liabilities are recognised as expenditure as soon as there 15 8 legal or constructive obligation committing the charity to that expenditure, Lt is probable that a transfer of economic Ixnefits will be required in settlement and the anK>unt of the obligation can be rn$red reliably. Expenditure is acwunted for on an accruals basis and has been cla&8ifLed under headings thai aggregate all c05t related to th¢ utegory. Where costs cannot be directly attributed to particular headings they bave been allocated to a1VIlL& on a b&si5 consistent witb the $¢ of resources. Tanglble fixed assets DepcIatIon is provided at the lollowiDg annual rates order kn write off each &ss¢t OV¢T its ¢stinwt¢d u5¢ful life. Plani and machinery 150/è on cost Land and buildings are stated at tNstees' valuation. Page 8 eonlinu¢d...
THE CRABBLE CORN MILL TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES- tontinu¢d Taxation The charity is exempt from coryK>ration tsx on its ¢haritsble activitie& Fulld acefrullting Unr¢8tri¢ted fid5 cau be used in accordance with the clwitable objectives at the disctetion of the tnlees. Resxticted kn]ds can only be used foi particular restricted purpos&s within the objects of the clJaTity. R¢stri¢tion5 arise when specified by the donor or wben fijnds att raised for particulaTrestricted pw>oses. Further explanation of the nature aDd pSe of each fund is included in the notes to the fingncial stateTYmts. Investments Investtnents are initially recognised at their traTksactLori cost and SUleqUentIY nxasured at fair Yalue at the Balawe Sheet date, unless fatr value Cannot be measured reliably in which case il is Tneasuied at cost less impaimient. Investment gains aml losses, whether realised or unrujisel are combined and shown in the Statement of Fitjanciai Activities. OTHER TRADING AcfivITIES 2025 2024 Pr¢Jnis¢s hir¢, Event fees aud Sp)wtsbips ComnKrcial trading operations Operttion of Mill- Enty Fees 17,014 9,336 553 19,190 17,291 659 26,903 37,140 CHARITABLE AcfiviTIES COSTS Direct Costs Maintaining the Mill and its equipmellt Management and adm)'ni5tration 30,467 5,958 36,425 NET INCOMEI{EXPENDtTURI) Net income/{expenditure) is stated aft¢T chargin(¢[11È1ng). 2025 2024 Depreciation- oThTJed assets Independent Examination 75 ,590 3(K) 1,380 Page 9 continued...
THE CRABBLE CORN MILL TRusr NOTFS TO THE FINANCIAL STATEI¥IENTS- CODtilllled FOR THE YEAR ENDED 31 DECEL¥IBER 2025 TRUSTEFS, REMUNERATION AND BENEFftS There were no ttustees, rettwn¢rdtion or otheT benefits for th¢ year eThied 3 1 Dec<[ 2025 nor for the year ended 31 December 2024. Trustees, expenses There w¢r¢ no tteel expenstt paid for the year ended 31 lknember 2025 nor for the year ended 31 December 2024. COMPARATIVES FOR THE sfATEMENT OF FllYANCIAL ACTIVITIES Untestricted EndoVfflnt fimd Total fijnds INCOME AND ENDOWMETrfTS FROM Donalions and legacies 5.983 5,983 Other trading activities 37,140 37,140 Total 43.123 43,123 EXPENDITURE ON Charitable attivities Maintainillg the Mill and its equipment Management and administration 42.463 8,922 42,463 8,922 Total 51.385 51,385 NET INCOMEI(EXPENDITURE) {8262) (8262) RECONCILIATION OF FiJNDS Total futLds brougbt foTward 21.079 1.650.000 ,671,079 TOTAL FUNDS CARIUED FORWARD 12.817 1.650.000 .662,817 TANGIBLE FIXED ASSETS Freehold property Plant ond machinery Totals COST At l jaUary 2025 and 31 D¢¢¢mb¢r 2025 1,650.000 39,545 .689,545 DEPRECIATION At l January 2025 Cbarge for yeaT 39.470 75 39,470 75 At 31 December 2025 39,545 39,545 NET BOOK VALUE At 31 December 2025 1.650,(M)O I,650,0 At 31 December 2024 1,650,000 75 I,650,075 Page 10 continued...
ThE CRABBLE CORN MILL TRUST NOTES TO THE FINANCIAL STATEMENTS- contijhued FOR THE YEAR ENDED 31 DECEMBER 2025 TANGIBLE FIXED ASSKTS- continued Frcehold IAnd and Buildings at valuation- The Mill Mill Cottages 2023 1,500,000 150.000 2022 1.500,000 150.0 1,650,000 1,650.000 The original cost of The Mill w&s £18243 and Mill Cottag¢s £105.500. The trustees have revalu1 The MTII and Mill Cottages in the accounts. llje Mill gifted to the charity by Dover District Council in 1987 and it is the Ttu8Éees opinion that Lt is misleading to show the assets recorded at cost. The TTusiees believe the correci valuation aTyMJunt to use is the original project value of £1,500.(KIO. This is the value detailed in the Onnal feasibility study for the restoration piojecL which was subsequently completed. It is not posstble to place a nurket value on Crabble Corn Mill bccause of its lisled nature al hisioric importance. The effect of this revaluation is to incre&* the fixed &5sets of the charity by £1,526,257. FIXED ASSET INVESTMENTS Investment ill Trading Subsidiary The wholly owned trading subsidiary Crabble Com Mill Trading Limite company number 05541140, WLS in¢oryorated in the United Kingdom iTt August 2005. From 0¢ber 2005 all the co[Dn1aI trading activities of the chatLty, including bar, ¢ateTing, gift shop amd gallery. were transferted to this company. 2025 2024 Investment in Crabble Com Mill Trading Limited Representing l ordumry share of £1 £1 £1 A summary of its capital and reserv¢s b¢low. Cttpital and Reserves Share capital Profit and loss account 2.228 1,931 2.229 1,932 CREDITORS: AMOUNTS FAILINC DUE THIN ONE YEAR 2025 2024 Other CrJitorS 2,775 2.565 ii. MOVEMENT IN FUNDS Net movement At 31.12.25 Ai 1.1.25 Unrestricted funds General fimd 12,817 (4,763} 8.054 Endoivment fvnds EndowmeDt Fwid 1.650,000 1.650,000 TOTAL FUNDS 1.662,817 {4,763) ,658,054 Pagell ntinued...
THE CRABBLE CORTrI MILL TRUST NOTES TO THE FINANCIAL STATEMEf415- contillued FOR THE YEAR ENDED 31 DECEML BER 2025 ii. MOVEMENT IN FUNDS- tontinued Net m0venllt ID fillx]s. in¢luded in the above ate folloThT." IT)MIllg expended in ndS Unrestricted funds GerteTiI fund 31,662 (36.425) {4,763) TiYfAL FUNDS 31,662 (36,425) (4,763) Comparatlves for movement in fuThds Net v)v¢m¢nt in fimd8 Transfe[% b¢tw¢en Ojnds At 31.12.24 At 1.1.24 Unrestricted filnds 21.079 (8,262) 12,817 Endowment Endowment Fund 1,650.IM)O 1,650,000 TOTAL Fuf4DS 1,671.079 (8262) 1,662,817 CompardtiY¢ n¢¢ ]rn)Vent in fiumls included in the atM>ve are as follows.. Inconiing Resources resourc&g expended Movement in fid$ Unrestrictcd lunils 43,123 {51,385) (8,262) TOTAL FUNDS 43,123 (51,385) (8.262) 12. RELATED PARTY DISCLOSURES During the year a donation of £4,759 {2024- £1.800) was rec¢ived from Crabble Com Mill Trading Limited. Page 12 continued...
THE CRABBLE CORN MILL TRusr NOTES TO THE FINANCIAL STATEMENI3- cotttinued FOR THE YEAR KNDED 31 DECEhlBER 2025 13. ENI)OWMENT FUNDS The permanent endowinent fim¢i which represents the heritage &*ts ofthe con4)any, comprises the following.. 2025 2024 The Crabble Corn Mill Original Cost Rcvaluation 18,243 1.481,757 18,243 1,481,757 1,5(M),(MM) 1,500,000 Mill Cottages Otiginal Cost Revaluation 105,5 44,500 105,500 44,500 150,OIXI 150,1)00 Permanent Endowrnent Fund 1.650.IKID 1,650,0(M> SumThary Original Cost Revaluaiion 123.743 ,526.257 123,743 1,526.257 1.650.0( 1.650.000 Pag¢ 13
THE CRABBLE CORN MILL TRUST DEfAILED STATEMENT OF FiNANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 INCOME ALYD ETrIDOWMENrs DonatAons and legacies Donations #nd grants 4,759 5,983 Other trading letivities Premises hiTe, Event fees and SnsOrships Commercial trading operations Operation of Mill- Enty Ftts 17.014 9.336 553 19,190 17,291 659 26.903 37,140 Total incoMg resDurce5 31.662 43,123 EXPENDITURE Charitable Activities Purchase of goods for resale Insurance Light, Heat and Water Independent e%aminer5 fr¢ Postage and stationery Advertising Other expenditur¢ Mainletlan Plant alld machinery E5.864 4,368 5,075 1,590 755 1.371 495 6.833 74 21,826 7,752 7,829 1.380 467 3,096 897 7,838 300 36,425 51,385 Total resources expended 36.425 51,385 Net expenditure (4.763) (8,262) This page does not fom pan of the statutory finl#l statements Page 14