CHARITY REGISTHATION NUMBER: 307JSfj Dover College Flnanclal Statoments 31 August 2025
Dover College Flnanclal Statemenlg Ye8r gnded 31 August 2025 Page Trustees, annual report Independent audltorfs report to Ihe members Stal8m8nt of flnanclal act11183 17 Stalement of flnanclal p081tlon statement of cash flows 19 Notes to the flnanclal slatemenls 20
Dover Collego Tru8teea' Annual Report Ygar endgd 31 August 2025 ThB IruBtqo9 pr080nt tholr report and the flnanclal 8tatsmeniÈ ol the ehaylty for the yoar onded 31 August 2025. 11018renco 8dmlnl8trallve dotall• Regl•lwed charlty nftm• Dovèr Collage ChArlty roglslratlon numb•r 307856 Prlnclpal offlca Dovw College Elllngham Crese&nt Dovor Kent CT17 9RH Unw lfjngdom Tho Iru•to•$ Dr C Scho5fleld.Myer8 Mr M R Goodrldqe MBE M8 D GIsp8n Mr A Walllkei Mr P T2p$911 r N Harrfs Mr D Taylor Blshop T Willmott M8 K Roger$ Mr J G Ryoland 8 L Chamberlaln Jr U Chukwugmok& (Reslgned 31 August 20251 IR8slgn8d 4 0Mber 20241 (Reslgnad 19 Mftroh 202SI (Akwolnled 19 M8r¢h 2025 (Appolnlgd 18 June 20251 Mr M Tumor (Appolnled 3 Decembor 20251 AUdIr Burg888 Hodg8on Audli Llrnllgd Chartered accountan16 & Blolutory aud5tor Camburoh Hou88 27 Now Dovgr Road Canterbury Kent CT13DN Bankw8 Nalonaf W951mlnBter Bank pl 25 Markg18quar6 Dover England CT18 INQ 8ollcllor• vwv 24 Klng Wllltam Streot London England EC4R 9AT
Dover College Trustees. Annual Report (GonNnue&ll Y8ar ended 31 Augu812025 stNeturei governonce and monaggmgnl Tho Govèrnlng bo(ty Is conatlluted under Collgg9'8 Royd Chartgr. Qovernors are elected al the Annual GeneT81 Me81ing hgld In Maroh each yoar. Up to 16 Governors, Includlng a Chalrman, are elected to the Counoll ol Governors, whlch Is responslble lor $8ttlnu the strategy and oveTs8elru thè managgrngnl ol Ihg College, Includlng lh9 oppr¢wal ol policios and monlloring ol the Collèyes Strategic Dev81opment Plan. All GoveTnors are also Trustees ol the Charlty. Tho CouN¢ll ol Govamors Is re8ponslble lor seltlng tha Sala88 ol Headm881er and the Dlrector of Flnanc&. They also approve th8 annua1 pay Increase levol lor all other staff. Th& pollcy on remunerallon 18 to pay wage8 in k88ping wllh lh8 sIz8 of the CDllogo and th8 Ilnanclal resources avalable. The pollcy on annual pay Increa888 Yellects Ihg Ilnanclal pgrlormanco r>1 Iba Collag8 as well a8 oconomlc factor8 and lorèoa819. Th8 8lru¢tur8 of Gov&rnancg 18 such Ihat four Commltteo8 OP8rat8 wlihln Tems ol Relerenco ond delega18d powers agre8d by Gounoll., Thè Ftn8nc8 and Ganeral Pury)ose Commltteè.. To monllor the Ilnanclal posllloD ol the College Bnd Its onward plannlng,. lo monllor rnarkoung acllvlty 8nd Ils onward sir&togy* to ovorsee tha Invasiment al Foundation Funds, lo monitor the Collego's bulldlng programm&s. Thg Educallon CDmmlll8e.' To pro8 8tralegl¢ Input to the educatlon prdad by Dover College, monSlorlng all aspects ol that Oducatlon, Includlng pastoral, exlra-currlcular and stall developm8nl maiters. The Educatlon Cornrnlllee is aL80 responsible for Governor trelnirg. The Compllancg and Rtsk Commlti88: To moniÉor tha Collegè's pollcles rolallng lo Educallon, Nallonal Mlnlmurn Standards, Sell-Evalualiun Forms, Heallh & Saléty, Employment and olhgr 8uch sundry matt8rs', to monit(x r1sk. The NDmlnallons Commltttsa. Tts onsuro the effeGlive GoveTnanGe ol Dover Collego by overseglng the sglectlDll, appDlnlm8nl and monlloring ol Governors and the overall govomance procFduros. The Council ol GtsVerno meets four Ilmes a year. All Commltlegs rneat regulartylhroughoul the year. An Ann Gonaral M891ing Is hold In March for all Govomors. Varfous rnembers of stall arg Invlled lo att8nd tho Commii(eg$ lo prgsont. The Hgadmaslor 18 invited lo alland Governors, meetlngs. The GovÈrnors opgrato und9r an agraad voluntary cod8 ol pracllc&, whlch builds upon the 8yo-Laws d8tulbd In Ihg Royal Charter. TNS code ol practlce has estabTlshed guldellnes lor Governor terms ol offlce and pdeS a struclure lorthe regular rovlew ol Ihe effectlvengs5 01 governance. AII Gov8mors gfve frgely of Ihelr Ilme, and no remunerFAUon was pald lo Governors In thg year. GovgrnDrs ar8 8nt1119d to clalm raasonablg Iravalllng expenses lo attend maeilngs and ovemlghl accommodatlon costs11 requlrèd. Governor RecNltment and Tralnlng Th& Nominavons committ oversees the recrullmenl of Governors. On boino invilod lo loln Ihg govgrnlng b"ody, new Governors are provldgd wlth an sxtgnslvg Inforrnatlon pack, which indudes informalron about the College and its operallon and the functions and rgsponslbllilles of being a Governor. Thay Also undergo all n8ce88ary Safer Recruitment procedures. Once those wocedures are comploled, they formallyjoln tho Gtsv&rning Body.
Dover College Trustoes, Annual Raport (conifnu8dJ Year ended 31 Augu812D25 ManHgoment Day-to-day manag8m8nl ol Ihe Collegg Is d&lg9atgd lo Ihg Headmastgr. He Is raBponsiblB lor all ospects of the Cullege's operatlon. To faellllale gotsd ¢ommunlcalion and effecllvg managgmgnt throughout tho College, the lollovlng 8tru¢lur8 for management comm11188s Is In pl&¢B'. $8nk>r Lgader8hlp Tgam Iweokly) - Saleguarding ond Child Protection Commlttee Iwgeklyl Heads ol Department Oommlllee Ihall t9rmlyl - Support Stall Management Comrnitlee Iweeklyl Heatth & Saloty Cornrnlllee {term5y) Housamast8rslHousemlslr05Sas CornmSlte8 {weakl Stall MaetlngB {every MoJKlayl R18k Ihanogemont D(wer College has Implom&ntsd a compY8honsivo rango ol rl8k managomgnl lo prDlecl both th8 Co51ege and Ils puplls and 81all. Th8 Colleg6 18 secure and COMEIant wllh all regul8llon5 lollowlng Ihe appropriatè Govornmenl and as8ocla18d ISI diroctlve8. Thg Govgrnors are rgspon81blg lor ovsrsg8lng Iha rlsks lacgd by Ihg Gollggg. The Gov8Tnor Compliance and Fllsk Commllleg ha8 ¥&eW@d th8 Colleg8's cornpllance wllh all regulallon8 and carefully monllored rlsk latslor8. Through tho r18k manageiM6nt procass8$ OStab115hed for lh8 College, the Govornor8 ar& sall8li$d that Ihe $ignllSoanl rfsks identilled have been adequately m511gal8d whore nec8ssary. li Is recognlsod that syslgms oan only provldg r9&60nab18 but not ab8olu19 assurance that major rlsks hava bean adaquatoly managèd. A publl¥h8(l Risk Assessment Policy delails how the College approache8 the assessment and r8cordlng ol r18k lor all osp8cts of th¢ Collogo, Thas8 ranyg from the 5nhe¥enl rlsk8 01 our campus bulldlngs to school acllvllles and lilps. Risk Assessments are cantrally publlsh8d lo enable éasy accegs and refeYen¢e by all 51all m8mbers. A delalled Rlsk Rgglgigr Is mainlalnèd, whlGh ¢Jescrlb98 oach ol the major rlsks faced by the Co119gB, dlvEded inlo Glear Categorles (G0man, Managgrngnl, Flnanco, Employment, Teaching and Physlcall. Rlsk leve15 are ascfibed tOU8th8r wllh th8 controls and mlllgallons we have wt Into rerjuclng eltheT th8 Inold8nce or th8 polenllal Impaot ol these rlsks. A significant reductiDn in pupil numbm, vjhkli resu$ in B sub3tantiai reductlon In income that could jeopardlso the Ilnanclal viablllly ol the Collegg. Tho Collag8 controts th rfsk by enBurlng that w9 oflar an education that Is allracllv8 ID prospècllv8 puplls and parents, by gnsurfng lh6 Colleg8 has an elleclivé rtcruilmenl slratsgy. includlng the resour¢Sng ol the Admlsslons and Tnarketlnu departmenl- ensurkng that the Colleuo has an ellecllve pupll raienllon strategy,. Inv6stlng in the lacilitlos ol ihe College and pS&[vIng and d8valoplnu the good r8putation Df the College. Tha Colleu8 lalls to malntaln sullldenl Ilnanclal 501vèncy and 18 dgamed to no longer b8 a vlablo golny concern by audllors. Tha Colleg9 addresses Ihls risk by setting annual budggts wlh poslllve Cash fFow targets and carefully monlloring nel cash roserves by the Flnanco & G8neral Purpose Comm1tte8. Loss ol Trusted Status lor the issuing ol CAS forms resulling in us being unablè lo sponsor and therefore recruit pupils from outsidè ot tha EU land follong BRExif from oulskle ol the UK). Thls rfsk Is controlled through th6 dètalled ravlew of Indlvldual appllcallon$, rgqulrlng payment ol ayoar's
Dover College Trustees. Annual Report {eonllnu•(g Year gnded 31 August 2025 fegs In advanco and onsurlng th8 Ilm91y rengwal ol the IlIlly. Th& Colleg9 ha8 ongaged a thlrdyarty organlsatlon to 8UPPOrt Ihls procgss. Failure to arrange adequate in8uran¢g1gavgS th8 Collego expD8ed la stgnlfip,anl Ilnanolal loss In Ihg event ol a major accident or inddenL Th¢ College controls Ihls rLsk through tho us8 ol prolossbn advtsers, Inoludlng an annual revt8w ol covèrage &nd an annual revfew ol Ihg Insllrarr renaw bylhe Cornpllance & Rlsk CommSttee. A sarfous breach ol the College's Safeguarding Policy could lead lo slgnllkanl T6PUt&tlonal damaoe. Tho Co118g8 controls thls r18k through annud Baleguardlng tr8lnlng for all Flall, 8n8urlno $lall are aware ol thelr responsibility lo report any ¢oncerns- strl¢l adherenca lo procèdur88 set oul In the Salaguardlng Polley In an Sncklonl; and strlcl adherence to tle Salar Recrultm&nt Polky. - The Colleu&18 subject to a 89curlty breach by an Indmdwl or Indldal$ Intènt upoti cau81ng damage or Inlury. Th8 Collagè controls thL4 rlsk througFI phys1¢ barrlor8 8ueh a8 ferIng, ralllng8 and gales., eleclronlc acc986 Controls to gxtsrnal entrances &nd rnaln doors lo Boardlng WIous88', CCTV,. and lollowlng prolo¢ol8 s81 out In Ihg Crlsls Managoment Plan. Thoro Is a lermly audll programm8 lo ehock that the Heallh and Safety PDllcle8 arg lollowad. Th8 report8 of 1he8e audlts are 8crullnl8ed by the CompllanGg & Rlgk Cornmltte8. We rIgorSlY adhero to tho r8portlng requlrgmants ol RIDDOR IRoportlng of Inlurles, Dl8ga808 and DangoTOUS Occurroncas Regulotlons dlroctlve dat8d 20131 Bnd takg acilon where such raports Indtcala IrnpTovgments In ourprocgBS6S or Inlra81ruclur8 Is Tgqulrad. Envlronrnental R8gpon8lbllity The College has a policy. wher8 1115 reasona8 arKI wactlcablo, of purchoslng lood from Iceal suppllgr&, provldlnu local employm8nl an(1 redudng thè Impael on 8nvtTonment ol Iransp¢Tllng food lonu dislan¢88. We contlnue wlth a programm8 ol replaciTrJ old wlndowB wllh new doUe-gIaZed unN$ lo Imwove In5ulalSon and transStlon Io 8lectrl¢ radlalors and LED Ilghting. Wè a180 oxlenslvaly usè racycllng programm8s. Includlng card. paper wagle, lood a1 eleclrlcal items. A lull-8116 energy audll was ¢onducled lo renew tha College's commltmenl lo r8du¢lThJ Ihe SmpaBt of Its oporallon8 ffi Ih gnvlronmenl. Thg Coflege's daly mlnlbus runs wovldg valuablg sèNke lor par&nts who Ilva al Ihg furthest gxlenl of the day loolprlnt and help reduce tho Colleue's ecologlcal footprfnl caused by day pup118 bglng drhfen to School. Parfjnts aro encouraged lo consld6r uslng tha s0Ce, tak8 advantage ol publlc transrI, or promote blcydlng and walklng lo reduc8 the volume DI rlourneY5 to and from school. Communlty Sorvke The Coll899 has a very acllve Charlty CommSlt8&, wNch supporlg a specFfio ¢harlty oach year. Thts year the ohosen Charty was Maunillan Can¢er Support, and e2,013 has been ralsed. Unk8 wllh thg Communlty Tho CollGgtt takas Its role In tho lo¢al oommunlly very $èrlouÉly. Where Academlo mMItmant8 allow, wg make our hlslorlc 5Jte and Its fadlit¢es availablo free ol ¢harg9 or ol COBI. Safeguardlng consIderaOn8 limlt the 8pac8s and Ilmes that us8 the rnaln school slte lor oulloach activhie$. Tha Cdlege has also contrlbutèd to olher18nnls-relaled InIalo$ In East Kent. We have built solKI relationships wlh Dover District Council's (levelopment and communlty 011¢s, Ihelr dkjltd and communlcafjons t8&m8 and the KCC repres8ntatNe8.
Dover College Trusteeg, Annual Report Year gnded 31 Augu8t 2025 Other usual Ilnks wllh and support for lool stat8 sehoo18 would Inohjde: Provlding use ol our minlbu8ag free ol tOT local 8chool8. PrOdIng ITe8 use of our 8POrt8 f&clH1183 trg severa5 pr84thods and prlmary 8choo18 In th8 area to enablg them to hDld 8ports days. In lgrms ol dI[ publ1¢ ban8111, thè College educates 0r 2fxJ UK puplls who would oth91%9 hav9 to b8 educated al the PenSe otthe slat8. . We malnialn a slts ot hl8torfo Importance vAth hvo Sohe(luled Anolenl Monumgnts. The local 8ctsnomy benellts from th8 mcney 8penl by our puplls, partloularlythoBe Imm ov•rg&a&. - Our bursary yogramme e4nd eommunlty Ilnk8 al80 create a 60clal a5801 thOut co81 to taxpayws. Referon¢a to 8dmln18tratlvg dgtillj Plea86 d8tsi18 on pag6 1.
Dover College Trustees, Annual Report fconflnupd) Year ended 31 Augusl 2025 Oblé¢tlvo$ and aotlvlll08 Our 8thoB Dovgr Colge was lounded In 1871 and sltualed on the hSstorfc ske ol th& 12th C8nlury Prlory of Sl M&rtln In It cenlro ol Dover, It was granted a Royal Charter by HI8 M4981y, Klng Goorge V, In 1923 and a lurther Royal Charter ir 1975 by Her Mlesly, Queen Ellzabelh 11, whl¢h frxlgndgd Ihg orfglnal Charter lo Include glr15. Har Mglesty granted a naw Royal Charter lo commomorale the Collega's 150th Annlversary on 15th Jun& 2020. Tha Corpoyallon of Dovor Coll8gg Is a registered charity, numbèr 307856. Thg oblgotB ol the College 8r8 881 out In full In the Charter. In 8ummary, tho mdn obleols are., Thg Cond1 of a collag8 tor Boys and Glrls In whlch they may r8fv9 a sound rellglouÈ, ttlassieal, alh&malical, sci8nlrfiB and general edurallon. To oreale and admlnlslgr and to assS8l In Ihg creallon and adrnlnLqlerlng ol scholarshlps, exhlblllons nd prlze6 lor the 6ncouTagemenl ol study and arnIng. Tts supporl and subs¢ribe lo any charftablo or publlc object and any Instllubon, 59c18ty or Club whlch may bè loy the b8nofll ol thg College. The Patron ol the Collggols th8 Lord Wqrden ol lh9 Clnquo Ports. Thg Headmaster Is a member tsf the Sori&ly ol Hoads. The CDll8ga Is a memb8r ol th8 Boarding Schools Agsoclallon IBSAI and the Indopendenl Schools Councll IISCI. It is also an assoelate mgmber ol Round Squaré. Dover Collgag malntalns tho orlglnal oharaclgrl8llcs of Its Inceptlon- a gchool whlch eaters nDI only lor a broad range (both acadpmlcally and soclallyl of locdl pup118, keepino tts fe88 allordable lo aohl6vg thls. but also ¢aters lor a slgnlllcant mlnorlly of puplls Irorn ov8r8eas. Itls 4 College wllh an ethos based on reuulaf worshlp In tho Chapél In tha Church ol England tradltlons. Thls r8lnlorc8s the ethos 011rf8ndllne85 and opgnnes8 that 18 now w811 èstablished-1118 vory much parl ol Ihg value of a Dover College educatlon. Dover College 18 an academlcally r-S91CtIv¥, ¢o-educallonal boardSng and day school. 11 provldes education to Som8 329 pupils, btsardlnp and day, from 3 10 18. The College also runs an Inlernallonal Study Cèntre lo supporl th9 Inlegialfon of overseas students Into the College. Entry Into the 8chool18 ggn8rally al pro-r8¢eption, r8¢eption, 7+, 11+, IS+ or 16+. Howevgr, pupI18 are welcome to loln Ihg Colleg6 ai any ao8. W8 bellev6 wholeheartgdly In dgvgloplng confIdencD In youzvJ man and women, gmng them opportunilios they pgrhaps would have never axperlenced and encouraglng Ihgm to exce¢d thelr 8xpe¢lallon8. We're pruud ol belng a famlly school wher9 puplls are known Indlvldually. OLtr communtty splrlt Is Central lo this,. we have several familles ol Stall members IEng on.slle. Th85r warmth ol welcome and Inclus[ty eneourag8s A hom6 from homtr for boarder8 and day puplls Rllke. Our Prep School Is o bgacon ol excellencè and hrts a warm and welcoming atmosphere. The hhlY trained and mvlivaled stall locus on the Individual chlkl's noed8. The S&nlor S¢hool Is staffed by supefo teachers who conslstontty dèllv8r gx¢&llgnl results In th$ classroom, emphaslslng acadom gour alongsld& d8v8lopSng a bve ol learnlng. On lop ol Ihls, our wld8 and varled aclivilles prograrnm8 is designed lo encourage teamwork. develop 8tsmlna, and wovTde a hgatlhy body Alonlde an Inqulrfng rnind. Dover Collegels proudly inlernallonal, reprtt89nllng a slfca ol our Int8rconnoctsd and dlverse soclety. Day pupils alongsido boardgrs in our hous and bgnefll from the opportunllles and fadlii58s ol 24n boardlng envlronm8nl.
Dover College TrustO88' Annual Report f¢ohtlnuJ Year endod 31 Augusl 2025 We are an equal opportunty organLqallon commltted to a worklng envlronmenl free Irorn dlscrlmlnalon ba8od on colour. rac8, othnldly, iellglon, 6ex, sexual orlenlallDn or dlsabSllly. We mak8 rea80n&bl adSuslmenls lo meo1 th$ n&eds ol stall or pupils who have become dlsabled. Tha Collgo8 tsk09 Its r98ponslblltty lol saleguardlng very serkously &nd Is commlttsd to pr)dIng a $al8 and Secure onvlronment IOT our p)6 to ffourfsh. Our alms are: To provlde a demanding bul Ilexlble qcademl¢ ¢urri¢ulum challenghg for pupi18 01 a wlde range ol abllllle&.1gadSng lo good aeadgmlo quallll¢atlon5 on departure. . To ensura an aoadfymlc anronment er0 1 ohlldr9n can reall$8 thelr lull potent1. To onablo pvplls lo achigve bettgr exam oradgs Ihon 1hose a¢Nevgd nallondly by puplls ol slmllar Intollectuat eapttclty. To oonGtrnirate 43n leadershlp and personal development throuoh a woll-slnKttJred 8xtra.currlcul progTamrne ol actltIeS such as muslc, sports drama, whkh promotos tho devdopmont ol Ihg Indlvhlual and •ngagom8nl with the wijar worfd. To malntaln 8trong Intsrnatlonal Ilnks. . To crealo a dS&clpllned, sale, and Irlendtyenvlronmènl ol vAde eullural and $odo1 derSItY. - To ènsurè an ethos that encourages the IndlvklJal's 5plrllual, sadal, and p&rsonal d8velopm8nl. To provld& Ihg necessary peN)nal 8kllL8 and confidenee to make puplls attractlv8 to a future amployor. - To develop all momb8r8 01 academlc and 6ur4)ort stall. a8 w811 as puplls, In th658 rn8. Our Oble¢llvo Our mlsslon L8 to b8 a 8chool ol ex¢8ptlon&l 8cad8mlc achlevoment &t 11>8 heart ol th8 Dovor communlty wh8re CDlllldenco18 nurtured, Innovatlon Is cel8bralod. curlo81ty Is encouvaued, Indmduallty Is ombraced, and Grealivity 13 Ivstgred.
Dover College Tru8te88' Annual Report (cvnthugdj Year anded 31 August 2025 Achlovemonts and performoncg Pupll Numberg and Fag¥ The Coleg6 educated an averagè of 305 puplls ovar the yaar, 58 In th8 Prèp Sehool dnd 248 In th Senlor SchDal. Thèse IreS Includ8 several 8hort-Stay PLty)Ih, wlth thom th8 $¢hoof8 pu1&y1ty has been Incf8a81nu In recent years. Fees lor the year 2024-2025 w8r& In¢rga88d by 5.8%. D8spll8 tNs, Dover Collego oonllnues lo achl8v8 Ils alm of charglng faes that ar& amonu the lowest ollered by 5nd8pendenl 8cIKJols In East Kent. Thlg 8UPPOrt8 our ObctIVe ot off&rfng an allordable Indap8ndenl educallon for boy8 and g1rf8 from Dover and Ihg surrour¥Jlng aro&S, SUPPOrt8d by a ggnorou8 bursary and scholarshlp grants Iroi tho Dover Colleye Tw81. Academlc AI GCSE, the pass rats185?Al was Sllghtly hlghgr Ihan last year, remaln6 slonlll¢anlly hlgher than Ihe natton81 average167.11A1 }. Results In the 85xlh Form, Incl119 A Level and BTEC, were slrnllorly Imwesslve. Once agaln, pupTrs recelved exGellant careeis guldancg and 84V/ ol pupils who applied to unfvorslty secured plac8s at Ihelr flrst cholcg InsJlutlon. Unlverslly desllnallons Included, Unerally ol Sl Andrew5, Queen Mary Ulnv8511y ol London. Several pyplls took up pla¢98 OveoeaB, Indudng somo scholarshlps. Co¢urrfcul Acllvltlo4 Tha School 18 d8dlcaled lo the all-rtsund dtrvdopment ol tts pupll6, offertng a broad range ol after- 8chool acliMlle8 dosigned lo provld9 Ihoffl wllh dlver6è and enrlehlng experlences. Each y8ar, our clubs, 80¢18tles, and actlvllles are lallored lo rellecl pupils, Intsrests, drawlno upon our stalf'8 expert189 and personal passlons to enhan¢8 the opportunllgs 4vallabl&. Our puplls ¢onllnu8 lo achl8ve outslan(Ilng succ888 In a vari8ly of nauonat ecmp91111on$, Includlng Young Enl8rprise and Youny Wrfler8 oompolllion8, 6howca8lng Iholr lalont, cyeatlvlty, and 9n1repreneurf splrll on a nallonal stage. Duke ol Edlnburgh's Award Th¥ Duke ol Edinburgh's Award sohome remaln$ & corg part of tho school's co.curriwlar provlslon, wllh puplls across the Senlor School partlolpallng al Bronze, SSlvg¥, and Gold lgvels. Engagemgnl oonllnu8S to gmw, manyslud8nts 8ag8r to tska on Iha chall8ng8 Bnd d8valop valuabt8 Ille sklms. Through Ihe programme's Physlcal, Skills. and Volunleoring secltons, PLiplls nol only bulld reslllenc9 arKI hdepgndgncg bul also makg meoninglul coniribulions lo Ihè wlder communlty. Thelr achievoments are carefully monliored ihrough a secure onllne plaltorm, ollowing them to Irack thelT development throughout the award. Flnancfj 05818t8n¢o To support our charfiable obSecifves and PT0de wtder aGcess to a Dov8T Collogg eduCatn, wo have pollcies and financlal asslstance programmes deslgned to help many p*ents. These are datalled in our Scholarshlp and Bursary Pollcy and are oulllned bèbw.
Dover College Trustees, Annual ReLort (¢Qnithu1 Year onded 31 August 2025 S¢holarMhlp Pollcy Schol8rshlpB arg ggnerally award1 entry In Shdl {Year 71, Thlrd Fomi Iyear 91 an(1 FSfth Form IY&ar 11 l. However, indlvidual awar(Is may be mad¢ outskJg tt)e8e gnlty polnts al the Headmastorfs dLgcrellon. Scholorshlps arn owardgd strlcily In accordan¢g wllh the re8u118 0118818 and 8valuallon8 d8slungd lo recognlsa hlgh polenllal or the ablllty lo mal(e a slan11an1 ¢onlY1ltIon lo th& College In ono or more algas. Thgsg occur In Ihg Mlchaelm49 or Lent tgrms and are advgrtlsgd localty ond on our webslle. Scholarshlps aro aw&rdBd b48ed on a pgrcgnlago ol grosg fees and arg gBnoraHy In Ihg order of 1(Ph. Thls amounl can rtse lo 20% for Sludents wllh @xlraorolnoryor mutt5plg talents. Bur80ry Poll¢y BLvsarles ara m#an8-t8st8d flnanclaS awards lo provlde 8 Duvgr College educallon lo 18 chlldren whosè parents or guardlans would not Othe6& bg able to afford11. Bursaflo$ ar8 a major part ol pur ch8rltabl8 oblectiV8 and 8ignlllcanl publlc bgnetll. Tha Golege 8180 offor8 flnanclal &sstslan¢è In ¢&$85 ol unlor¢8¢on hwdshlp. pArtkuhrly whBre pup118 ara al a cr(tl¢al slag8 In Iheir educallon. Whllsl the Colleg6 dogs benelll from sorne tTU5ts and b8quea1hs, ttie Colleg6 fund8 th8 malorlty ol bur8arles oul ol lee Income. In mal(Ing dwards, we ara Iher8lore conscious ol the drcuffl8tanc88 01 bursary appllcanls conc8rnlng lull-199-paylng parents, many of whom make SIgnscan1 sa¢rlllce8 to send th91r chlklrgli lo Dover College. Bursary asslytanc 18 re&Wed annualty and parent$ are ask8d to adv189 Ihe 8chod of any challg In Ihelr clrcumslances. Mllll•ry Poronl8 Wh8re mllllary parents recelve th8 Contlnully ol Educatlon Allowance ICEAI, we Ilrnlt tho porèntal conmbullon lo IO% and e fee remlsslon lor any amount bothegn Ihat and Iho amount racglvod Ironi the CEA. Slbllng Dls¢ount9 To asslst parents who wlsh to send rnore ihan on9 chlld lo Dov9r Collega, we ollor a 5% dlscoun1 lor th8 $8cond child and a 10°A discount lor Ihg thlrd and any lurlher sibllngs who attend the College simultgousty. A$slslan¢o lor Slaff To attract and retaln high ealibre stsff, bolh leachlng and support, we offer lee remlsslon lor puplls of stall In both th8 Prep School arld S8nlor School, to enable them lo ecktcate Ih85r chldren al Dover Coleg8. Payment by In#t*lmBnt8 Many ol our paronts benefit from our Dli8¢t Dobit lacilliy. whkh b8 tho Collgg8'8 preferred mellK)d of paymenl ol lees.
Dovar College Trustee$, Annual Report leontlnu•d) Year Onded 31 Augusl 2025 Bursaryand ScholArthlp Award$ 202*25 Durlng tho curi8nt year, 66 12024.. 69} puplls récelved maan8-lO&tgd bursarlos lolalllNd £597,704 12024.. £525,5071. Thg average award was £9,033 12024-. £7,816), and 5 {2024.' 81 wplls had totsl Means-18s18d lee rem188lon worth 75Yo or mora. The Collage ctsnllnued to 8UPPOrt mllll8ry and FCO PAf8nts Sn recelpl ol the Conbnuty ol Educa0 Allowance ICEA) ovor tha la81 year, wtth addllbnal bursary support and the CEA lo ensuro parental conlrlbulSon dtd not exceed 10%. Schothhlp8 wer& awarded lo 77 pup118 12024.. 791, amounilng 10 £312,051 12024: £2228451, In ddlllon, tho pupll nomlnaled In Ihg pre0$ ygar lor the Bostock-WhBe19r scholarshlp b9n911tted from £17,06712024'. £14,75810l thelrlees being met by the Bo8tod(-Wheoler Trust. In told, tha Collgge granted lea remls8lon6 10 249 (2024.. 196) puplls amounllry to £2,006,201 12024: £1,825,070). Thls represents 27.7Yo ol Gr05s SchDDI Foos12024'. 21.1%}- Old Dovorfong Pa81 pupll$ ot Dover Collgge ara known a8 Dovojlans, many ol %thom Gonllnue to play an atrtlv parl In Ihg succass ol lh9 College. The Collega has Introthc&J a notworklno plallorm lor Old Dovodans ealled Dover College Connécl. The alm Is lo k8ep all past puplls, parents and stall Inlomiad of d9volopmenls al th? Collgg8, Gurrenl alla1rs and future gVonl$, Th9 development ol IhB ngw Cennecl W8bs118 has enabled dl Dovori&n5, past and present, to conn?cl and share news In a safe way onllne. CoM8Ct has Ihe capabllM8s to Ilst employment opportunIas, menlor rec&nl lèav8r8 and allow Old Dovoiians to 8har8 8torl68 of Ihair lond m8mof688 al the Colle 10-
Dover College Tru8tees' Annual Report (Gontthu8d) Year ended 31 August 2025 Fln•n¢lg1 rnvl8W Incomo and Expondllur The Ilnan¢llll $lalem6nls show that ioial Income for th9 year was £5,770,71512024: £6,879,715). The prfnclpal Source ol Income 15 fees, whlch accounted lor 91.0%12024.' 88.6%) ol the 10t Incoma. Thesg Ivnds are used excluslv61y lo advgnc8 our educatlon&l oble¢Vves as an edu¢alional oharity. Thg dacrease In Incomg In 2025, o)rnpaTgd to 2024, Is accountod for by H decrease In fees rgcofvabl? of 13.7B% (2024: Increase 016.18%). The accounts show an overall dellcll of £521,388 12024.. d8ffcll OS £72,775). N81 current Llabllll88 nded Ihg ygar al £1,519,33012024.. £93,e801. Durlng the porlLKI, the College continued lo pay off thè Coronavirus Buslness Inleriupllon Loan ol £700,000. Th8 College ha8 no kwnslon IlablllN88 Other than lh8 regular paymnl of ernyer Contr11on5 Into thèse 8d)em8$. Ra8èNès & Flnanel41 Hèalth Th& flnan¢88 of Dover College ar8 managed by Ihg Dlreolor ol Flnance and monllorad by tha Flnance and Gengral Purpose Commltteg. Thg Flnanc8 and General Purpos8 Commltte8 r6celvo8 monthly managem8nt accounts, Cash flow lore¢a8ts, and broad8rflran¢lal updal&s. In Kne wlth 118 Chorflable object8. the Colleoe's w>lFcy maxlml898 Income lo dellvar educBtlon to currgnl puplls whllsl provldlng capllal prolg¢18 10 gnhan¢¢ thg fadllll8s. LIovgmor8 do nol b911eve 11 noco8sary lo bulld up Ireg reseNes as 8 popular school with good cost conlrols, to banking facllltlas11 requlred, and a clear development plan lor the future. Note 28 to tha accounts; the gen8ral reserve amounted to £2.031,94712024: £2,657,764). Reslricled funds cathed lorward toklled £175,509 12024.. £71,080). The ¢103lng balance ol not a888ts wa8 £2,207,45612024.. £2,728,844). Tha DlrectOT ol Flnance and the F&GP cofflmltte8 reuularly ievl8wthIs lo mlnlmlse the charills tinancial rlsk ar¥J exposure. Arrangement$ for 8elllng pay and r•munerallon ot koy m8nJgem&nl p8reonTrg1 The kèy rnanauemonl par8onn81 Of charfly cofflprts& lh6 board of Gov8mor8, th8 Headmastor und the Directorol FlnAnce and Opetallons. Govemors 861 th8 remuneralhm of the Head and Dlrector of Flnanc8 and Operdtlons lolowlng dlscu8sion$ at tho commlttaa level, IlUdIng F&GP and Educalk)n eommittees. The Bo8 and Sub- committee8 look al the Su98$ 018xe¢ullv8 goals, SMART targ8ts and external b8nchmarklnu in m8klnu thèlr award8 to key p818onn81. Fundralslng Poll¢y Th8 charlils approach to lundrels1 Is Inlémally m8naged. 118nsures that r8¢0gni9gd standards ar¥ uphekl, any complalnts are doatt wKh piomplly, and that campalgns are not pgrslslenl. ernphaslsSng protecting vulngiablg people. The oharily r&vlgws lundr*sino rUl8rIY aThJ are commStted lo lollowlng best practlce whgrever posslble. 11
Dov8r College Tru8t088' Annual R8POrt {¢oMhN*dJ Yegr onded 31 Augugt 2025 Futur• plan• short Torffl The prforfly lof the short term remalns tha rolling programme ol r8slorlng and upgrodlng Iho Coll8ga's hl6torlc and mor6 oontsmporary bulkllng8, In¢ludlng roots, wlndows and hgallng $yslgm5. Wp are bulldlng a 8u8taln&ble and luncllonal Perfofmlng AAts Contro to provklo pupll8 Ihg local ¢ommunity wlth a v8r8alle creatfve space. The College currently ha8 no purpos8-bJlll p8rforman¢6 spac8. Its educadongl ph11080phy and lulure gro%th demand a su81alnabl8 Bnd lunouonal Perfoymlng Art8 Cénlrg. Madlum Temi The College has useLI Ihg playlng 11old8 at Farthlnglog lor ov8r 100 year8. To keep them brant rd relevant, wo are looklng to oon8truct a Iloodlll 3G foolball lield at the 81te. Th18 wlll benefll Ihe wpll8 dligolly And 99n8rate rgv¢nuo throu gxlgrnal 18tt1ng to gupport other Colleg8 prolectB. 11 wlll also Pd$ a grgal r68ource foy Iwal group8 and dub8. 12-
Dover College Trustees. Annual Report Ieonithued) Year ended 31 August 2025 TrustOOg' rosponslbllitlos stslement The Irusleès are respons1b for preparlng the Trusl8e8' Annual Aoport and the Ilnancial slalgments In aecordance wllh appllcable law and Unlled KSnudom Accounllng Standards Ilhe Unlled Klngdom Generally Accepted Accounllng Pracllcgl. Tho law appllcablo to charltles in England & Wal8s requlres lh8 Irus189s lo prepare finan01 slatsmgnts for each Ilnanolal year whlch glve a truo and IAlr vlew ol tha slqle ol allalrs ol the Qharlly and ol thfy Incoming resources and Bpplieation ol Yesourc83 of tho charkylor that p&ilod, In pr8parlng these flnancl81 statamenls, the tslJgte08 ara roqulrod lo Sg18ol Bultabla 8ccounilng pollcle5 and Ihgn apply them oor)8lslenlly,' . Ob89niB thq methods and prlnclFeS in the ChaTlles SORP 2015 IFRS 1021., Makè ludgaments and tsllrnales that arg r94sonable and prudent. Slate whgther oppWcabl& accountlng standards have been followed, subject lo any malerlal d9parturg5 dsdosgd ond exained in the financial slalgments; and Prepare the Ilnanclal 51alements on Ihg golng coreM basls unle5911 Is Inapproprlats to presum8 Ihal the chatltywlll tontlnuè In operatlon. The Irustg¢5 aro rgjponsbla lo¥ keopino propor accounllng record8 that d18c1088 th rea8onablo accuracy al any time the linanclal po811ion ol the charlty and ènable them to ensure that the flnanclal stalgrnents Comp wllh tho Gharllles Acl 2011, the Chadll88 IAc¢ounl8 and Reports) Regulallons 2008 and tha provlslons ol the Aoyal Charter. They are rgsponslbla lor sal£uuardlng th9 oharivs as8&t8 &nd i&l(Ing rea80n&ble 81eps lo provenl and doleol fraud and other SrregularltleB. The Ilnanclal 8lalemenls havo been prepared lo glve a'lru8 and lalr, vlaw and hLWa departed from the Charllles IAccounls and Reports) Ragulallons 2008 onty to thg extent requlred lo provide a '10 and lalr vlew, Th18 departure ha8 Involved followlng the Accountlng arKI R8portlng by Charlttes.. Slal8rntrnt ol Recomrnended Praotlcg applirablo lo ch4rf1ies weparlng thelK accounts In accordance wlh the nanclal Reportlng stalard applioRble In the UK anrl Republic ot Ireland 188ued in October 2019 ralhgr than the Accounllng and RepDrtlng by Gharllles., Slaternont of Recommond&d Practic8 eflectlvo from 1 Aprll 2005 whlch has slnce b88n wlthdrawn. The Irustgps are r98ponskn1 le for th8 maintgnancg and Inleg¥tty ol the charlly aTKI Ilnanclal Inlomauon, whloh may be Included on Ihg Ghadlys website. Lèglslalion in Ihe Unil6d K]ngdom govarnlng Ihè preparation and thssem1na0n ol tfnanclal slalements may dMtertKom l8gl$la0n In other lurlsdlctlons. Approved by the Councll ol Govemors of Dover College on 2410612026. Adopted by th¢ Trustèog at th& Annual General Megling on W0612026. Tha trust&g8' annual r8POrt was appmvgd on 24 Junu 2026 and 81gned on behaw of the board ol Iws199s by: Dr C Scholllelc¥Myers T¥u8t¢6 13-
Dover Collage Independent Audltor's Report lo tho Members of Dover Colleg Year ended 31 Augusl 2025 Oplnlon Wo have audlled thg 1knonclo1 stat8menf9 01 Dover Collgga Ithg '¢horttyl lor the year endgd 31 Augu6l 2025 whi¢h comprisg the statement ol financial acliviilos, sia19mgnl ol liThancial pM)sition, Statement ol cash flows and the related noles, Includlng R surnrnary ol slgnlllcanl accotsnllng polkles. The Ilnanclal reportlng framework that has b8en apred In Ihelr preparallon Is appllcob18 law and Unlled Klngdom Accounllng Standards, Includlng FRS 102 The Flnancbal Reporthg Standard appllcablo In Ihg UK and Republlc ol Irgiarml lun1tl Klngdom GBngrally Accepted Ac¢ounll Practic81. In our Qplnlon the Ihanclal 81atements'. glve a tru& and falr %Aew ol the stal8 of Ihg charitys affalr9 ag al a1 August 2025 and of Its Incomkng rgsources aThY al¢allOn ol re80ur¢88, IncludSng It8 Incom9 and expendllur8, lor Ihg ygarth8n 8rKlad., have bBan properly preparad In aecordaneé wlth Unit•d Klngdom Gen•raNy Aceeptod Accountlng have boen prepared In accordan¢g wtth th8 requlr8m8nt8 ol tha Charlllos Act 2011. Bffl¥ig for oplnlo Wa conduoled our audrt In accordance WM) Intsmalk)nd Standardg on Audlllny IUKI IISA6 IUKII and appllcable law. Our responslblllles under thos8 Standard8 or8 further descrfbed In Ihe audltols respon8lbTlilles lor the audll of the Ilnanolal statements secllon ol our report. We arg Snd¢pendenl of thg charlly In aocordanea wlth thg athical rawlrem8nls that are rolavanl lo our audli of the flnanclal statements In the UK, Includlng tho FRC'S Ethlcal Standard, and we have fulfilled our olhar èlhlca reBponslbllltles In aocordanca wlth these r8qulremgnt8. Wo belleve that tho audlt ad9ce wg hav obtained is sullicieni and appropriate to provide a basls tor our opinion. MAlorlal uneortalnly rolgtod to golng con¢¥m Wè draw attenllon to Noi& 3 In tha financlal staloments, whlch l)Klleat68 that Ihè Coll8g8 ha8 Inourr8d operating dgllclls in ¥eGenl periods and Ihal its liquldlty remains dependent on conllnued Ilnanolal 8UPPOrt from related enthleg and th& successful lfflplemenlallon of management actlon8. A8 Staled In Note 3, the8a events or condillons, along wllh olhor matters Bet out in Ihal not6, Indlcats Ihal a malefial uneertalnty 8xl$ts whlch may cast slonlllcant doubt on th8 Cofiege'g ablllty to o)nllnue as a a golng conc8rn. Our onIOn(S not modlfled In res¢1 cl Ihls matter. Othcr Inlorniollon other Intomiallon ¢omprlse8 lh6 Intomallon In(4u(led In the annual report, other than tha 1Snandal 8tat8menls and Dur audttorfB report Ihereon. The tru8lee8 ar8 re8pon51b18 lor the Dlher Inlormatton. Otjr opiTrlon on the Ilnanclal statgments doe8 not cover the olher Informaln and. except lo Ihg exlgnl othernlse expllcllty staled In cw roport, we do not express any form of assurance conduslon Ihereon. In conngctlon wrth our aud of tha Ilnanclal statgments. our r09ponsUIIty Is to read tha olhar Inlormatlon and, in dolro so. conslder whether the other inlormalion materially Inconslsl&tt wlth the flngnclal slalempnls or our knowledge obtalned in Ihp avdlt or 0thgNlg9 ar4)eaTS to be rnalerially isslaled. 11 wg identify su¢h malerial inconslstendgs QT apparent malerlal misslal8m8nts. we are requlred lo determlne whether therg Is a malerfal mlssidtement In the Ilnanclal slatemonls or a maleriat mlFstatoment ol the oth8r information. 11. based on the work wè have pertormed, wo condude that there is a materlal mlsstatemeni ol th58 other Informallon, we are requlTed lo report that la. We have nolhlng to report In Ihls regard. 14.
Dover College Indepondenl Audltor's RgPQrt to the Member8 of Dover College (¢0ntlRugd) Year ended 31 August 2025 Pjjottors on whlth wo •re requlred to report by pxceptlon In the light ol th9 knthedg6 and understandng of the charlly and envlTonm8nl obtalngd In tha course of th8 audif, wè have not hY&nlllled malgrlal mls81at8m8n18 in thetriJ8t&es' report. We hay8 nolhlng lo roport In 188PeQt ol the follo%ng mall8r8 In relallon to WhCh tlie Charh198 Act 2011 requlres us to rpt lo youll, In our opSn1¢)n'. tho Inlormalkjn gfven In thg tsus188s' report 15 Inconslslgnt In 8ny matsrlal respe wllh thè flnanel818ta1em8nts' or adaquate accountlng racords have not b88n kept., or Ihg linonolgl slalgrngnts aro not In agr99mgnl wilh Ihg dcBounllng records and roturn$' or we hav8 not rec81vad all the Informalk)n and ttxplanallons wa rUIr& lorouT audh. R8gpon8MJlllt109 01 tru81098 A8 explalned more lully In th8 tru8ts88' re8pDn&lblli118S 518tem8nt, trustses are r88ponslble lor th8 pr&paTalion ol tha Ilnanttlal Slalemènts and lor béing sali8fled that they glvg a Irue and lalr vlgw, and for such Internal ¢onlrol as tha Irus16es dèlormlno Is necessary to enable th8 preparollon of fin8nclal statements that are Ireo liom malerlal mlsslaiemenl, whether du8 to fraud or arror. In preparlng tfv8 fln8nclal slatement6. tho tru8ts88 are responslbie lor a8sess1 th8 ablllly lo conllnue as a golng conc8m, dl8c1081ng. 88 appllcable, mallor3 ralated to golng Ctsncem uslng Ihè oolng ¢onc8rn bas1$ ol a¢counllng unles8 the trusts88 gllhgr Intend lo Ilquklalo lh8 charlly or to cg88a opfjratlons, or hav8 no reallsllc allgmallva bul lo do $0. 15-
Dover Colleg8 Independent Audltor's Roport lo the IAember8 Ot Dover College (¢Onllnu Year ended 31 Augusl 2025 Audllorf$ ra¥pon¥lbllltlBts lorlho audlt ol Iho IlnanclBI slalgmgnls We Idpnlty and ossess Ihg ri8ks of matsrfal m1581alom8nt ol the Ilnandal 8tatemenls, whether due to fraud or grror, and I1n d&slgn and p8rfomi a111 procedure8 re¥pon$lv8 lo Ihoso r18k8, Inclwllno obtalnlng audtt ovld8nc& that Is sufflclent a1 apprwlalg to provld8 a basls for our oplnlon. In KlenlSlying ond asgos$ing rlsks ol materld mI$stalOnI In resp8Ct of Irrogularltle8. IrKhKllng fraud ond non.¢ompllanoe wllh laws and regulation8, wg havg con8kl8r8d,' thg natur8 ol th8 Industry, conlrol envlronmenl and buslness performance wllh p8rllcul8r referenc6 io Ihg Ch8rlly's remunBralSon pallcl6s. We also conslder thè results al our gnqulrl89 of managamont and Ihg Audll Commlttee, r81&tlng lo Ihelr own Idenlillcaiion and assessment of tho r18ks of Irragularfil95 and posslbla related Iraud. Thls Includes revn0 avallable documentalon on thelr polIcS and procedures and parformlno le$ls ol CloIS to evklenc8 thelr è118ctfv8n88S. Throughout the aud tesllng w¥e aro CCSkIrINg tho Incèntlvos that may vllhln tho organlsalknn lor Itaud. Key areas Include Ilmlng ol recognlslng Incoma around th8 year end, wyttng ol unusual journals and manlpulatlng the CharflV8 performancg moa8ures to Temunerallon target8 and bank covenants. In common wllh all audits under ISA5 IUKI, we aré also requlrod to pèrform specllic procedur8s lo respond ID the rlsk of management tsverrlda. We en8ura wo have an und8rstanding ol tha rdevant law8 and r8gulallon$ and mmaln alert to p0855blè non.¢ompllancè Ihrouuhoul the aud. D8splte prop6r plannlng and aud wort< In a¢cordanctr wllh audlllng $tandard8 there ar¥ Inharenl Ilmltallon8 and unavoldable rlsk that we rnay nol dBtacl 80mg Irrogularllles and mat8rlal m1891atem8n18 In Ihe linanolal slatomenls. We are nol responslblo lor prevenllng non.compllanc8 W7d cannot bo 8xpKl8d lo dgtgllt non.compllan¢e wlih &ll laws amd reuulallons. Use ot our report Thls r8port is mad8 so10ly lo Ihfy ¢harhls mgmbgrs, as a body. In a¢¢c*rdanc¢ s6Qtlon 144 01 the Charllles Act 2011 and Tegulattons made under secllon 154 ul that Act. Our audFt worf< has been undertaken so that we mlghl slal8 to Ihg charItS rnembars Ihos8 matters wo ate requlred lo state to Ihgm In an audil0rf8 report and lor no other purpo3e. To the lulle51 extent permiited by law, we do not accgpl or a88ume responsibility lo anyona other than the charlty and Ihg charllWs mernbers a8 a body, for ouraudltworf<, lor Ihls report. or lor the opinion3 we haya lorméd. Kènton &So FCA CTA MAE {SenloT SlatrttoryAudllor) For and on b8haM 91 Burg&5s Hodgson Audlt Limitod Chart6r8d accounlanls & slalutory audltor Camburgh House 27 N8w Dov8r Road Cantaury K8nt CT13DN 24," F I.c 10.
Dover College ststamont ol Flnanclal Acllvllle8 Year ended 31 Augu•t 2025 2Q25 Unrestrlctsd Restlted funds lunds Tot•1 lund• Total funds 2024 Income and ondowmgnts DonaOn8 and18oael88 Charitable ac11116 Olh8rtradlng aotMII88 Investment Incom8 Othor Incorne 17,344) 5,258,400 319,432 25,131 50,089 &640,888 130, 122,888 443,778 5.253,400 6,091763 319,432 285,639 25,131 55,367 50,069 22,268 5,770,715 6,879,715 Total Incoma Exp•ndlturo Expendbturg on ro181ng furKI8: Go$ts ol ¢)ther tradng aGllvltkn8 Expendture on charilabte advlilo¥ Total oxpgndltur• 130.027 134,528 10,11 8,131,979 6,266,505 134,528 24B,902 25,B98 8,157,677 8,703,588 25,598 8,292,103 6,952,490 Not oxpondltuY• and Nol movwmont In fvnd& 1628,8171 104,429 621,8881 (72,7751 RoConlIatIon of fund Total lund8 broughtfonyard Total lund8 ¢arrfed fonvard 2,657,7e4 2,031,947 71,080 2,728,844 2.801,019 175,509 2,207,456 1728,844 Th8 8talemonl ol Ilnonclal actMlle8 Indud89 all galn8 and1088a8 reeognlsed In the year. Al Income and gxpendlluro d8rlvg from conllnulng aolfvllla8. Th• notgs on poll•• 20 1031 lonn p&rtofihoa8llnonold tst•rnnl. 17-
Dover Collage Stat8manl of Flnan¢lal Poglllon 31 August 2025 FIX I81• Tanglble Ix8d aagets 16 5,857,942 3,256,959 CuTr•nt aJ8•ts DabtorÉ Caeh al bank énd In 18 1,194,404 1,771.378 495,928 1,727,831 1,8SYJ,332 3,499,W4 Crfjdltor¥: omounto f•lllng dug wlihln on• N•1 ¢urwnt Ilabllltl#• Totsl a81•1•189 eurronl Ilablllll8• 19 3,209,682 3,592,664 1.619.330 93.880 4A3I812 3,183,299 Cradllor8: amount8 l•lllng duo mc4re thAn one y•4r Not A88018 20 2,131,158 2,207,456 2,728,844 Funds of tho charlty R88trlcted fund8 Unrestrlcl8d fund8 TO1 eharlly fund• I7809 71,080 2,091,947 2,857,784 2,207,458 2.728,844 o Ilnanol l stslemonlg wgre approvgd by tho board of trust988 and aulhorlwd foT 18suo on nd ara ned on bohall oflhb board ty.. Dr C Scholllel&Myo TTWtg9 Th• not•B on pag•J 201031 lomi plrt ollh•MIID•Dol•l 8tst•m•nl
Dov8r College Statement ol Ca8h Flow8 Year ended 31 Augu812025 2025 Calh flow4 from op•ratlng actl¥lll Not eypendlluve {621,3881 12,775} AdJu81monls for.. Dopreclatlon oflangth lixed assets Oth9r Inlgrgst rgcdvablg and Simllar Incomo Intoro81 paya0 and $lmllarGhargÈs IGalnlfl088 on d8po8al of18nglbl8 a88818 Chang8s In.. Trade and other d8btor8 Trade an(1 othar cr8ditor8 Cash ggngraled from operallons 281,760 125.1311 25.078 290,810 155,867) 19.045 99,909 576.969 1587,e351 11,029,305) 28,050 {711.4191 1226,188> Inter98t pald Intergst reco 125.8761 {19,045} 25.131 55,367 1711,9641 1191,841) Nel cash used In opgraung aotlviil•4 Ca•h IIow8 Itom Invo•llng A¢Wvltlg• Pur¢has¢ of tsnglble a680ts N81 ¢h u88d In Inv8811iig aeUvitl88 (2.299,2121 {544,778} 12,299.2121 {544,778) Cg8h flows Irorn Ilnan¢lng a¢fjvftlo1 Flgpayment of borrowkng8 Prwoed6 from b¢rrowhgJ Nal c4sh IT0mllad In) Ilnanelng a¢llvM88 1140,0001 {140,0001 1.919,478 1,779.473 {140,0001 N•1 d•¢roJJo In cp•h Ind ¢o•h oqulv•len CJ¥h ond 0h YalnIN •¢ boglnnlng of ygor C#•h ond Cqsh oqulvalgnlg ot ond ol yo8r 11.231,7113) (878.8191 1,727.631 2,604250 495,920 1,727,e31 Tha no On p¥g09 201031 lonn pwl ol th*11nn¢1•l •tsi•mgM 19.
Dover College Note8 to the Flnanclal Ststements Year ended 31 August 2025 Gengr41 Infomiqtlon The eharhy Ls a publlo benelk entity 8 reglster8d oharity h England and Wal88 a1 15 unlncorporaled. The address of th8 prInci1 office Is Dover Cullegg, Efllngham Cr88C8nl, Dover, Kènt, CT17 9RH, Unllod Klngdom. I Stat8mont of comp114nce Th88& flnanclal ststemonls have baen pr8par8d In ¢ompllanc8 wlth FRS 102, Tho nancIal Rewrtlng Standard appll¢abl8 In th8 UK and thè Ropubllc of Ir•land', the Slatgmanl ol Recommended Practlce 8ppll¢abl8 to charllles preparlng Ihelr accounts In accordancg wfth the Flnanclal Roportlng Slandard appllcablo In tho UK and Repub150 ol Iroland IFRS 1021 (Charlues SORP IFRS 10211 ond tho Charitses Act 2011. A¢counllng pollele8 Bd•lg ol prdparatlon The lInand statements have b8on prepared on th9 hlstOrfC cost ba818. Th8 IlnancLql strton are prepared In slgrflngi whlch Is the hjnctbnal eL¥rencyol tha ènlty. Golng CDnc* Tho Ilnan¢lal statomenls havè bogn prepared on a uolng concarn basls aG tho Trust¢es ¢onsldèr that t1 College has adequate resour¢e8 lo contlnug In operatlonal exbtenc8 IOT a perlod ol at least 12 month8 Iram Ihe dale ol approval ol thesg fln9rl0I slalerngnts. In forffllng ih18 as&es8manl, thè TN81è&6 havè con81dered thè Collèg8'6 Ilnanttlal performanco, ¢ash flow lorocasts and avallable sources ol lunding. Ex18M pressures, such a8 fha Inlrodu¢tion of VAT on school 160s and ¢081 Inllallon has led lo operalSon deflclts In recent P8Ylod8. Th8 Trustees hav8 reOd cash flow loreea8ts e0vor th8 golng ¢onc8rn porfod. Th&se loro¢asl$ indicate that Ihe Collegts'8 Ilquldlly remalns dependonl on a comblnallon ol continued ffnanclal 8UPPOrt and munag8m8nl adons, IM¢luthng cost control measures and careful managemènt ol working Catal. The College bonolils from tho owJolnu support ol related ¢harflable enllllès. Th8 Dov8r Colleg8 Trust has provlded a letter ol support conllrmlnq thal11 wlll not 8egk repaymonl or Interasl on exlsllw or future loan8 lor a perlod of at least 12 monlhs Irom thg approval ol (he linanclal slal8monts. The Old Dovorian Tru51 has also Conllmied Its Inlenllon to gUPPOrt Ihe College lor the 8am9 perlod and thal11 wlll not recall It8 loan durlng Ihls Ilmg. Th989 arranggmgn18 reduce ghort- tomi cash outflows and provldg ewdon¢g ol contlnued Ilnondd ba¢klng. In addllloD, th$ Collage has access lo othgr lundlng sourcgs, Includlnu axlsJng and anllclpatsd borrowlng la¢lllllgs, and reln5 a substanllal lix&J asset basg whlGh may be ulill6 to support Ilquidlty il required. Havlrg consklered thg abDve, the Trusle&s have a reasonable expectatlon that tha College VAII have adequate resources to continug In opgraffonal gxistgnce lor the lor8sBeabl8 future. Accordlngty, the Ilnanclal statements have been prepared on concern ba8IB.
Dover College Nole8 to Ihe Flnanclal Statemen18 (oonNnuodJ Year 8nded 31 Avgu812025 A¢oounilng poll¢l•$ (¢Otsllnu8&11 Judyement¥ And koy sourcgs 01 ostlmatlon UnrtaInlY The praparailon of lh8 linanelal Slatemgnts rgqulr8s manag6rnent lo rnakg ludgBrnents, esllmates and assumplitsns that affect the amounts reporttd. Thes9 esllmalos and ludggmonls are Contlnually r8vlewed and are based on exp8rfonce and other factors, includlng expectalltsns ol lulure 8vents Ihal are beW&vad lo r8a80nabl8 und8rth& drcum8lancas. Incom8 tsx The chaty fs exgmpt from tsx on ¢haYltable act1118$. Fund aeeountlng Unreslrlo18d funds aro avdlabl8 for u88 al the d18crellon ol tru8tee8 lo further any ol the charlt¥s purposes. He$lrl¢tgd funds arg 8ublectod to restrlcllons on th61r oxpendllure d?¢lared by tr8 donor or through Ihg terms ol an appeal, and fall Into ong of sub-cla8888: restrlol8d Incomo lund8 or ondowmanl funds. Ibwomlng rn8wree8 All Inoomg IG Included In Ihe slatemenl ol Ilnanclal acllvttlgs whon enlluemenl has passed to the charlty, It Is probablo that Iho ac0MI¢ bon811ts assocl4led wlth the tran8a¢lon Ibw lo tho chadty and the arnount can b8 ro11abty measured. The lollowlng SPBcLllc pollcleB ora ippllod to partlcular calegorles of Income.. Fees receabl& and charges lor $8rvlce5 and u8e ol the pr8mlses, le55 any allowances, 8ehoI8r8h, VAT or bur8arl85 granted by th8 Coll80e agalnst those 18e8, bul Inoludlng contrfbuUon8 recelved from r88tricttrd lunds, *6 acBounled lor In the pgrfod In which tha SeC6 18 provlded. - Inv881m8nt Incom6 Irom ddends. bank bal8nc88 and fixed Interest securfll881s accounted lor on an ac¢rud8 ba818. Voluntary Incomlnu rgsourc88 are a¢¢ounl8d lor as and when &nllll8ment arlses, the amount can be r8llably quanllflod and the econom1¢ benelll lo Ihe Co118g& 18 con81d8red probable. Voluntary Incom8 for IhB Coll&g@'g general purposas L8 accounted lor as unr8$lrE¢ted and 18 cradlled to general r8seNes. Where the donor or an appeal has Imposed r&slrlcllons, volunlary Incomo Is credltad lo Ihg rglovanl rgslrfcl8d lund. Glfts In klnd are valu8d al an ostlmatsd open Markel vatue at lh6 dats ol tho glfl. In the ease ol assets lor relentlon or cornsumptlon. or at the valua to IhB Collage in the CaBe of donated serylce8 Or ladltUg8. -21-
Dover College Notes to Ihe Flnanclal Statements (¢Onllnu Year ended 31 Augu8t 2025 counung pollcles {Tontlnu•d) A#r¢98 expended Éxpendliure is a¢¢wed 48 soon as a Ilablllty Is conslderad probab19. Expendllur& attributa0 to more Ihan one cost category on Ihg Siatgmont ol FlnancSal Acuvllles Is appartlon8d lo Ih8m on the bosls ol the esllmated an)tsunl atlribulable lo each aotfvty lrn tho ygar, ellhBr by reference lo 6lqN Ilme or thg use made ol th& Lmderlylng asso1¥, a8 approprfalo. Followlno changos to the VAT slatus ol PTfval8 schools. Irrecoverable VAT is now presentod as a separate line i18m and Iludad ¥thIn oxp8ndlluro on charltable acllvlles. In prljr poklods, Irre¢overabl8 VAT was Included within th8 ralevant calegorbs of expenditure. Support C08ts arg Ihoso that 8881st the work ol the Chadty but do not direclty repre3enl charitabl8 acUvM8s and Include offlc8 cosls, governance c08ts, adm1nl8irat payroll co818. Th8y ar8 IKurr8d dirgctly In support of expgndllure on the obl8Cts ol the charity. Wher& supporl costs callnol dlreclty allrlbuled lo parllcular hoad1ngs Ih&y havo bgen Rllocated to cost ol ral8lng lunds and eypendllur8 on charllable a¢llvid98 on a basls conslstenl th use of Ihg rgswrc8s. Gov8man¢8 costs camprtso tha cost$ ol complylng wjlh con$lllullonal and 81atulory requlrgmanls. OperIngleaSej [a$0 paymonls aTe r8coonlggd a8 an gXP9nsg over the lease term on a slralghl.Iln& ba818. Th9 aguregate b0111 of leas9 Incentfves Is recogn11 as a re¢tn lo expenso over the lease tsrrn, on a stralpht-llne bBsIs. Tanglble aJtsets Tanglblg ossets Bre Inltlatty rgC9rdgd at cost, and subs8qu6nly slalgd al wsl 106$ ony Bccumulaled depreclallon and IMprMentIo$Se. D6preclollon Depreclatlon Is Cdculatèd 80 as to oll thg ¢081 or valuatbn ol an a8s81, 1888 lis r881dual value. ovgr the useful economlc Ille ol that asset as follows: Freehokl prop8rty Equlpmenl 6.87% for Improvaments to propèty 33.33% for ¢ornpuler equlpmant, 20% lor vehlctes, 12.5% forlurniluro Impalmignt of ftX8d assets A rwlew for IThd1lorB ol Itnpalrment Is carrt8d out at each reportlng datè, vAth the r8coverabl8 amount bdng 96tKn*ted where such IndicaloTS ex181. WheTe the carrylng valug oxce8ds tha recoverabla amount, Ihg a8881 18 impalred acccwdingly. Prfor Impalments ara a180 r6viewed foi POSSIb reversal al each Ygportlng date. For tho wrpo398 of Itnpalmi8nt t8815ng, wPwn It Lq not po8$lbi9 to 8sllm819 Ihg recowYabl& amount ol an Indlvldual a85el, an esllmale 18 made ol the recoverable arnounl ol the cash- ggn8rating unll tr) whlch the asset belongs. The ¢ash.g&norallro unll Is the smallasl Idontlllable group of a$sots that includes the asset and generates ¢a8h Inflows that largely Independent ol th9 oash Inllowsfrom olh8r a6$9ts or group$ ol assBI&
Dover College Notes to the Flnanclal Slalemenls (oonllftu•d) Year end8d 31 August 2025 Accourbllno pollcf89 (eunl Flnaneé18aBè8 and purchaso contfacts Assets held under Ilnance leases and hlr8 purchase contrael8 are recognls8d In Iho slaigment ol Ilnanclal poslllon as assats and Ilabllllleg al Ihg lower of 1h8 lalr value ol the 8s89ts Bnd tho pre8vnt value ol Ihg mlnlmum lease paymenw %thlch Is d8termln8d al tho Inceptlon of Ihg lea term. Any inllal direct co81$ of Ihg laase aro addod lo thg amount re¢ognLwl a8 &n assgt. Laa89 paymants are apporttoned bglweon the Itnance ¢harge8 and redudon ol the outstandlng laaso Ilablllty uslng the 8llectlve Inlgrgst method. Flnan¢8 charge9 are allocated lo Qh Ferlod $0 as to produce a constant rate ol Intgrest on Ihg ramalnlng balanog ol tha IlobNIIy. Flnanclal Instrum¥nt• Flnanclat Ilabllltlos and Instruménts ale classlllèd aooordlng to thg $ubslan¢e ol th cyjnlractual rangernentS ontored Inlo. Dgbiors and credllors w*th no slated interest rale and ¥èceivable or payable wlthln one ygar are recorded at Iran&acYon prlce. Any IoE8es arlslng from Impalmienl ar9 re¢ognl8ed In lh8 prolll and 105s account In olhgr admlnlslrallv8 éxponsès. Loans and borrowlngs are Inilially recognlsed at the Iransactlon prlce Includlng tr4n8action 00618. Sub5equenlty, Ihey ar6 measured at amortlsed 8¢ uslng thè èllectlvè Inler8sl rate mèlhod,1&88 Impalrrnent.11 an arrangernenl ¢on8lllul8s a Ilnance transa¢llon rf is mea8ur8d al present valu8. Doiiatlon¥ 8nd lega¢le$ Unmslhcled Restr1ed Totsl FndS Fund$ Funds 2025 Donallon& Donallons 17,344 180,027 122,8&9 un81¢¢ted Funds Reslrlcted Total Funds Funds 2024 Donatlons DonalSon8 431,257 12,521 443,778 Chatllabla #etlvltltrs Unre51th1 Totsl Funds Unrestrkl Total Funds Funds 2025 Funds 2024 DAylaes Flexlble boardlng Iges Full boRrders Junlor dgpartmgnlfgos Oihgr taes Scholarshlps and butsarles Rl$tratIOn108S £g28,094 2,928,094 1942,542 2,942,542 113.103 113,109 182,849 182,849 3.358,582 3.958.532 3,515.820 3,515,320 635,973 635.973 806.719 806,719 216,919 216,919 259,713 259,713 {2.006,2011 12,006,201) 11,825,070) 11.625,0701 6,980 6,980 10,690 10,890 5,253,400 5,253.400 6,092,763 6,092,768
Dover Coll8g8 Noi08 to Iha Flnanclal Slatoments (Gvnllnwdl Year ended 31 August 2025 Oth*rtrfidlng 40tlvlllg8 Unr68trlct8d Tot•1 Fundj unre8lr10 Total Fund5 Funds 2025 Funds Fundr gVgnt8 Tuck shop In¢omg L8ttlng Incorne school bu$ sorvlce Incomtr 12,822 12,042 239,334 5,434 319,432 12,622 12,042 239.834 56,434 319,432 1,489 11,871 209,163 43,236 265,589 1,489 11.871 209,189 43288 2e5.589 InvwJlm•nt Imcome UnreBlrlcled Total Fund• Unr881rfoted TOW Funds Fund8 202J Fund8 2024 Bank Intorosl recg]vaWo 23.131 25,181 56D67 56,387 Olhor Incomo Unre8trfcted Total Fundm UnrestrlGl¢d Total fund8 Fund8 2025 Fundg 2024 Oth¢r In¢om8 50,069 00,069 22,288 21288 Cog10 ol othor tmdlng 4Qtlvllle8 Unreslflcled Totsl Funds Unr881rlcted Totd Funds Fund8 2025 Funds 2024 Tuck shop coBts Sfaolng ev8nls Letung co8ts SchDoI bus servlca costs Loss on dlsposal ol tanglbl8 Ilxed aB88ts 17.607 10,246 88.907 69,766 17,607 10,248 88,907 69,768 7,804 7,622 32,274 101A93 7,604 7,622 32274 101A93 99.909 248,902 99,909 248,902 134,528 134,528 10. Expondlturn on charllable aellvltl•8 by fund typ• Unr881rlcted Resirlctsd ToiAI Funds Funds Funds 2025 Expgndllurg on eharltabfe aetlvtt188 8,131,979 25.598 ,157,577 Unreslrlcled R&strlcted Total Fund8 Fund8 Funds 2024 Exp8ndllur8 on oharftaNg aollvmos 8,665,467 38,121 8.703,588
Dover College Noie$ to the Flnanclal Statements Year Onded 31 August 2025 11. Expondlture on eharlteble A¢tlvltta• by acllvlty typo In¢lud8d In oxpenolture on charltabl& A5vItt&S1s Ihe IdIn9. 2026 2024 T8ad)Ing W8114rg Premlses Support Costs Total Cost 3.116.242 8,188,888 969,276 1.031,619 1.054,183 1.326,834 1,017,896 1.156,247 8,157,577 8,703,588 Expendre 18 allooated lo the rel6vant actlvlly whar8 St Is dlre¢lly atbtbutabla to fh8t a¢lMty. Actlv5tles undertakgn 07reotly comprfsg those costs whlch ar& dlr8dy Incurred In thè prO610n of educalon and pupll wgllare, Inoludlng leachlnp c08ts. pupll welfare c08ts and pr8m1888 costs, Support costs aro IhoBg oosts whloh a88181 the work ol the charfly but do not dlreotly mpYe88nl charSlabl8 &otivlty dglivery. Th980 Include gov8rnanco, Ilnance, ftdmlnL81rallon, IT, markellng, l)ad dobts.1tt8covgrabl8 VAT and ggneral managernent C08ts. 12. Nel oxpendlluro Npl o>p6ndlluro1s 61ated aller tharglnwlcrgdlllngl: 2025 2024 Deproclalbn ol tanulble Ilxed ass9ts 261,760 290,610
Dover College Notes to the Financial Statements (corJllny8dJ Year ended 31 August 2025 13. Staff costs The lolal staff costs and employee benefits for the reporting period amounted to.. £4.089,885 12024.. £4,160,289). This includes.. 2025 2024 Wages and Salaries Social Security Pension Costs 3.387.383 316,534 385,968 3.472,707 306,363 381,219 4.089.885 4.160,289 The average head count of employees during the year was 11112024.. 1241. Th9 number ol employees whose remuneralion for the year fell within the followSng bands. were.. 2025 2024 £60,000 10 £69,999 £70,000 10 £79,999 £110,000 10 £119,999 £120,000 10 £129.999 Key Management Personnel Key management personnel include all persons that have authority and responsibility lor planning, directing and controlling the activities ol the charity. Tho total compensation paid lo key management personnel for services provided to the chaTily was £187.32012024'. £191,602). 14. Auditor remuneration 202S 2024 Remuneration paid lo auditor lor audit services ReTnuneralion paid lo auditor lor non-audil services 12,450 13,541 11,300 4,475 Durtng the year. the Gompany's audilor changed from Burgess Hodgson LLP to Burgess Hodgson Audit Limited following a change in legal structure ol the audit firm. 15, Trustee remuneratlon and expenses There were no Iruslees. remuneration or other benefits lor the year ended 31 sl August 2025 nor lor the year ended 31st Augusl 2024 in relation lo services as a Iruslee. Trustees are entitled lo claim reasonable Iravelling expenses lo allend meetings. Trustees claimed expenses of £532 during the period. DLJring the year Ms K Rogers received £nil 12024- £5.8301 lor specialist prolessiDnal 88rvices in relation lo the Performing Arts Centre Programme. 26
Dover College Notes to the Financial Statements (¢Ollllnuod) Year ended 31 August 2025 16. Tanglble flxed a$$et$ Freehold property Equipment Total Cost At 1 Seplemb8r 2024 Additions 5,401,456 2,854,305 1,237,349 8,438 1,245,787 6,638,805 2,862,743 9,501,548 At 31 Augu812025 Depreclallon Al 1 September 2024 Charge lor the year At 31 August 2025 Carrylng amount At 31 August 2025 Ai 31 August 2024 8,255,761 2,482,274 172,061 899,572 89,699 989,271 3,381,846 261,760 3,643,606 2,654,335 5,601,426 256,516 337,777 5,857,942 2,919,182 3,256,959 Flnance lease8 and hlre purchase contracts Included within the carrying value of tangible fixed assets are the following amounts relating lo assets held under finance leases or hire purchase agreemerrts.. Freehold property At 31 August 2025 At 31 August 2024 128,796 17. Hgrltage assets In addition lo the capilalised fixed assets held lor the Charity's, own use, the College also has several assets which acl as a permanenl record ol the College's history. These Gomprise of a unique coll8Ction ol paintings, clepieling the College's Heads over the years, together with rnany other artifacls whose inlrinsiG value is also bound up wlth the College's history. Most of these are irreplaceable originals lo which no reliable value can be attributed 2nd accordingly thes8 have not been capilalised in the accounts. The Governors lake the view that di105UT8 of these assets would prejudlce the efflclenl working ol the Charity, and have therefore decided that such delalls should not be provided here. 27
Dover College Notes to the Financial Slatements fconlinued) Year ended 31 August 2025 18. Debtors 2025 2024 Trade debtors Prepayments and accrued income Other debtors 1,062,679 56,987 74,738 1,102.898 557,952 110,523 1,771,373 1,194,404 19. credltors: amounls falllng due wllhSn ong year 2025 2024 Bank loans and other loans Trade creditors Accruals Social sscurily and other taxes Obligations under finan leases and hire purchase contracts Other creditors Fees recelvèd In advance and deposits 240,000 94,077 428,838 117,889 15,317 763.160 1,540.381 120,000 251,803 72,048 1.109,866 2.038.947 3,209.662 3.592,664 Included in bank loans a1 olher loans is the Coronavirus Business Interruption Loan, which is backed by the UK Government, who have guaranteed 80V¢ ol the loan balance directly with the lender. The College's finance leases and hire purchase agreements are secured against the assets lo which they relat8. 20. Credltors: amounls falllng due alter more than one year 2025 2024 Bank loans and other loans Obligations under finance leases and hire purchase contracts Deposits 1,819,473 109,376 202,307 160,000 274,455 2,131,156 434,455 Under certain circumstances, the contract with parenls provides lor the paymenl ol an additional term's lees in advan Ibeyond the current term) lo ensure the lees payable in lieu of notice can be collected. These sums are normally applied in salislaclion ol Ihe final term's lees when leaving the Colleg&. Included in creditors is a loan from the Dover College Trust lolalling £1.919,473, £100,000 01 which is due lor repayment annually. This was secured by means ol a charge over Ihg freehold property ol the College.
Dover College Notes lo tho Flnenclal Staternents fvontlnu Yeor gndod 31 August 2025 21. Flnanco and hlra purcha80 contr•¢ts Thg to lutsr8 mlnlmum leas& payments under Ilnanee le88e8 and hlro purcha80 contracts are as lollow8'. 2025 2024 Not later than 1 yaar Later Ih8n f y8Br not later than 6 y88r8 Lal8r than 5 year8 15,317 80,143 29,233 124,693 22. Analy818 ol oharftabla fund• Unr88liloled lund8 At 1 Saplornbar 2024 At 31 August 20 25 Income Experdiluio G9noral lund8 2,857,764 5,640,688 16,266,505> 2.031,947 Al 1 Sgptgmber 2028 Al 81 August 20 24 Incom8 Exp8ndllur6 gnoral fvndo 2,704,SWTr,Th86 f9T"TrT4,53)["" 2.657,764 Tho general fund r¢pr•8ent8 accumulated Inoome Imm the Collgge'8 actlvMo8 and olhar Bour¢e8 t1 arè aValab for th8 genoral purposeg of Ihg Colleg¢.
Dover College Notes to the Flnanclal Stalement8 Iconllmt•d) Year ended 31 August 2025 22. AnAlysls of ch8rllable lunds (cothhjuodj H•$trfctsd lund8 At I September 2024 At 31 Augu8120 Income Expèndllur8 Lectur& thoalre Mu81¢ scho(A Other reslrbt6d lundg Cobb oenlre Performliig arts G9nlro 4,004 10.200 34,08 22,791 (IM33} {10,200} 112,4361 11,8271 2.871 10,000 31,847 21,184 120,027 175,509 120,027 130,027 71,080 125,5981 Al 1 Sèpt8mber 2023 At 31 Augu8120 24 Income Expendlture Lecturg Ihealre seAllng uslo school Other r88lrl¢igd fund9 Gobb oenlre Perfomilng arts tre 5,337 20,400 46,523 24,420 11,8331 110,2001 124,9591 11,6291 4,004 10,200 34,085 22,791 12,521 96,680 12,521 188,1211 71,080 Indlvidual funds r8pres¥nl Ilxed a886t addlllons Ilnanced by donatlons for Iholr 8peelllc purpoba. Thè annual dopreolallon charus rolatlng lo Ihoso flxgd a88el8 18 tran8ferred Imm the general fund. and offsol aoalnst the balance carrled fomard In r081rlcl8d funds. Olhor re8trfoted lund8 row888nt gllls rocefv8d from exlgmal donor8 lor 8P8cllk purys88, Expondlttjrg dlrg¢Uyllnan¢ed by su¢h gllls18 8hovm under re8lrkt8d lund$. 23. Analy618 of n&t assets bÈlween funds Unr881rlcted Re81rf0l Total Fund8 Funds Fund8 2025 Tanglble Ilxed a888Is Currant assets Creditors le than 1 year Creditors grealor than 1 yèar Not as88ts 6.682.433 1.690,332 19.209,662 12,131,156> 2,031.947 174509 ,857,942 1,6go,332 13,209,662) 12,191,156) 2,207,456 175,509 Unr8slrtGted Reslrtcted Total Funds Fund8 Funds 2024 Tanglble ILYed assots Current assgts Creditors16ss than l year Credkors grealar th 1 year N•t a1$ 8,185,879 3,499,004 {3,592,864 1434,455 2,657.704 71,080 8,256.959 8,499.004 18,592,684} 1484.4551 2,728,844 71,080 -30-
Dover Colleg8 Notes to the Flnanclal Statements Ic¢Jnllnu•d) Year ended 31 Augusl 2025 Analy818 ot ohang&3 In nol dgbt Al 1 S8p 24 Ca8h IIow8 31 2025 CRBh al bank and In hand Dabt du8 wllhln on8 year Debt du8 all#r one yoar 1,727,631 11,231,703) 495,928 1120,0001 1135,3171 1256,3171 1160,0001 {1,788,8491 11,928,849) 1,447,631 13,135,869) 11,888,288 26. Caplial ¢ommltmonl* Capmal expgndllurg contraoled for bul not provlded lor In th9 Ilnan¢lal 8tBlemenls rolatlng lo langlbla Itxed assals amounlod to £1.800,541 as at 31 August 2025. Thls caplldl commkm8nl wholly relalos to the conglruclion of the Perlormlng Arts Genire whlch 1$ e8tSmaled to be coMped In 2026. 2& Opemtlng lea88 ¢oMmltmonl8 Th9 lotol futurè mlnlmLtm16asè paymanls under kKJn-cancèllable operalng leas8s ar8 as follow8: 2025 2024 Not lalerlhan 1 year Latérlhan 1 yaay and not lalw than 6 year8 Latgr than 5 years 75,009 119,660 124,643 239.434 1,189 365,266 394,869 Durfng tho yaar Ihg Gollpge madg Qperating leas8 paymènts of £170,397. 27. Related pgrtle8 Mr S Fisher, Headrnaster, pald School fee$ lor tho ygar lolalllnu £B,95612024,. £8,9571. At th8 year end £nll 12024 £nlll was oulstarKling. Mr S Flshèr r8o8lved a di8counl on Iho sclwol 1886 pald. Mr D Tor, Pargnl Governor, pald school legs lor th8 year lotslllng £17,153 {2024: £12,213>. At the year end £nll12024 £nil) was ou181andlng. Mr D Taylor recelved a 6cholar8hip on the School fees pald. Contiibulons towordB the le88 amounllng to £17.Oe7 {2024: £14.758} for ellglble pupllg wero rnade by the charity, the Dov8T College Scholar8hlp and Prye Fund. Sevoral ol tho Trustees ol Dover College are also Trustses ol Ihls charity. The oblectiv8s ol thls ¢harlly are to lurthor tho educallon of th8 puplls attendlng Dover College. -a1-