Company regiqtration number: 02288815
Charity rcgistration number.. 800435
The Douglas Bader Foundation
(A company limited by guarantee)
Annual Rep)rt and Financial Ststements
for the Year Ended 31 October 2024

The Dougla5 Bader Foundation
Contents
Trustee5' Report {including Directors, Rewrt)
Ito4
Statemenl of Trustees, Responsibilities
Independent Examin&s Report
Statement of Financial A￿1vIll¢S
Balan¢¢ Sh¢¢l
Statement of Cash Flows
Notes lo the Financial Statement5
IOto22

The Douglas Bader Foundation
Trustees, Report (including Directors, Report)
The trustees. who are directors for the pu￿)SeS of company law, present the annual report together with the
rinancial statements and independent examiner's report of the charitable company for the year ended 31 October
2024.
The financial statements comply with the Charlties Aci 2011, the Companies Act 2006. the Memorandum and
Articles of Association and the Charities Statement olRewmmcnded Practice ('fharities SORP") (applicable lo
cIMTitIC5 preparing their accounts in accordance wilh the Financial Rewrting Standard applicable in the UK and
Republic of ITeland. FRS 102) issued in October 2019.
Trllstees
S K Riddick
G Jackson
R Pascall
G J P Cadbury
Objertives 4nd artivitie5
Objects ain
The principal adivities of the Foundation are to collect funds to advance and promole the physical, mental and
spiritual welfar¢ and benefit of pKrsons who are disable￿ in particular, those wtthout one or more limb4 and to
relieve financial hardship amongst such persons,
The charity's initial focus was on helping amputees buL over ihe years, it has broadffled its aims to include those
wilh oiher disabilities.
Public bene
The charity ￿rtherS its charitable purposes for the public benefjt through its grant making policy as described
below.
The trusttts wnfirn] that they have complied with the requirements of section 17 of the Charities Act 2011 to
have due regard to the publi¢ benefit guidance published by the Charity Commission for England and Wales.
Granl pnakingpolid
The Douglas Badcr Grdnt Scheme provides practical suptM)rt for the pursuance of achievements by those with
disabilities. This initiative has assisted wuntless disabled individuals and group5 thtDughout the UK to achiLwc a
variety of goals in diveTSL" areas ranging from education, the arts.. sport and Te£reation to small businesses. Please
rcfcr to achievements and perfomiance to see how these granis conlribut¢d to our aims and objeclives for the year.
DBF has focused in its final year on Grant Glving with thL latcst sUC￿$sful applicants from October 2023- 16th
Septcmbcr 2024. This enabled us to provide a wide range ol wonderlully divcrse grant4 &s well as including
awards to fellow charities, dnd the creation of speclfic evenls, illcluding LimbPower Junior and S¢nior (iame5-
Sailabllity sailing days- Freedom in the Air flights. Artic One triathlon.
Page I

NOTJCE OF CLOSURE OF THEI)BF
Ai ihe minuled Trustees Meeting held in 2022. the Trustees and Management Team diseussed the intended closure
of thL Foundation in 2024. after a successful 42 years of fundraising for the disabled. It was also noled that it
would lake time to plan for th¢ usc of the remaining funds, to fulfil existing adivity cornmitM￿]ts and grant
appli¢ation5 by the end of financial year 31st October 2024.
At the Trustees Meeting in 2024. The Chaiman ended by praising the incredible work by the Management Team
DB, WMCC. KD and the support of the Trustees, since the inception of the DBF, and commented on what the
charily had aLhicvcd over the past 42+ years.
The Douglas Bader Foundation ceased trnding with effect from 31 OdobcT 2024 and ceased ILS fundraising and
grant giving aclivities. The trustees are workin8 towards the final closure of the charily) whereupon any funds
remaining will be donated to other charities in a¢cordan¢e wilh the charity's wnstitutional documents."
Page I

The Douglas Bader Foundation
Trustees, Report (including Directors, Report)
FinaDel*l review
The charity's total funds in the year ended 31 October 2024 decreased by £216,567 (2023- decrease of £87,171).
Going concern
As explained in the truslcL'S' report, the tThstees have reviewed the Foundation's posilion and have agreed to ce&se
operations from 31 October2024. Consequently. the financial slatements havc been prepared on a basis other than
going ￿M¢￿n. As a result of this. a￿etS are recorded at their rewverable amount and long tenn assets and
liabilities have been reclassified as current.
Strueture? governane¢ and maDagement
Nature ofgoverning docunwit
The Douglas Bader Foundation was established on 27 October 1982 by trust deed. On 23 August 1988 a new
company limited by guarantee (company registered number 02288815 in England & Wales) was incorry)rated
under the Companies Act 1985 to carry on the activities of the foundation. The company is re8lStered as a charily,
number 8INM35.
Recruliment andappoinltt*nl oflruslees
As set out In the Articles of Associaiion the number uf trustees sha]1 not be less than four Imd not more than
rifteen. Thc trustees may appKJinl any membcr of the (xjmpany a5 a trustee either to fjll a c&sual vacancy or as an
addition to the Board. Any trustee appointed in this way shall retain office until the next Annual General Meeting
and will then bc cligible for re-election.
The charity is OTgani5ed so that the trustees wmmunicate Tegularly to manage its affairs. A Chief Executive
officer, D C T Bickers. manages the day-to-day operations of the charity including fundraising and development
of new iniliative5.
Page 3

The Douglas Bader Foundation
Truslees, Report (Aneluding Direttors, Report)
RefereD¢e and Administrative Det411$
Chairnian
G J P Cadbury
Chief Executiv¢ OtTi¢¢r
D C T Bickers
SeeretAry
D C T Bicker5
Registered Office
69 Carter Lane
London
EC4V SEQ
The Clwity is incorJx)rnted in England & Wales.
Company Re2istration Number
02288815
ebarity R¢gi$tr41ion Number
800435
Solicitors
RWK Goodman
69 Carter Lane
London
EC4V SEQ
Bankers
Lloyds Bank plc
6 Pall Mall
London
SWIY 5NH
Aecountsnts
An810 Dutch
Chartered c.ertified Accountants
The Counling House
High Street, Tring
HP23 STE
In preparing thi5 report. the trustee5 havetaken advantage of the small compani¢s' exemptions Provid￿ by se¢tion
415A ol'the Companies Act 2006.
The annual report was approved by the trustees of the Charity on ...5 March 2025 and signed on its behalf by:
GJP Cadb
Page 4

The Douglas Bader Foundation
ststement of Trusteesl Responsibiliti&8
The trustees (who are also the direcloTS of The Douglas Bader Foundation for the purwses of company law) are
responsible for preparing the trustees, annual rcport and the financial statemenls in aLLOTdance with the United
Kingdom Accounting Standards (lJnited Kingdom Generally Ac¢epted Accounting PractiLe) and applicable law
and regulation5.
Company law requires the trustees to prepare financial statemenLs for each financial year. Under COMp￿Y law the
trustees must not approve the financial sialements unless they are satisfied that they give a true and fair view of
the 8tat¢ of affairs of the charitable company and of ils incoTning resources and application of rcsourccs, including
ils incume and expenditure, for that period. In preparing these financial statements. the Iruslees are required io:
select suitsble accounting wlicies and apply them consistcntly-
observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent-
stste whether appli¢able UK Accounting SLgndards have been followed, subject to any material departures
disclosed and explained in the financial statements; and
prepare the financial statements on ihe going concern basis unless it is inappropriate to presume that the
charitable comyany will continue in buslness.
The truslees are responsible for keq)ing adequate accounting records that are su￿1Clent to show and explain the
charitable company's transaclions and disclose ivith reasonable accuracy at any time the financial position of the
charitable company and enablc them to ensure that the f1nancial stst¢ments comply wilh the CompaTkiCS Act 21K>6.
They are also responsible lor safeguarding the assets of the charitable company and hcnce for tsking reasonable
steps for the prevention and dctcLtion of Iraud and other irregularities.
Approved by ihe trustees of thc Charity on 5 March 2025 and Sign￿ on its behalf by:
GJP Cadb
Page 5

The Douglas Bader Foundation
Independent Examiner's Report to the Trustees of The Douglas Bader Foundation
I rep)rt to the charity tNstees on my examination of the accounts of the company for the )'ear ended 31 October
2024 which are Set out on pages 8 to 25.
Responsibilities and basis of report
As the charity tru5tccs of the company (and also the diTectOTS of the company for the purposes ofcompany law)
you are resFK)nsible for the prq)aration of the accounts in accordance with the rwuirements of the Companies A¢1
2006 ('%hc 2006 Act").
Having satisfied myself that the accounts of the company aTC not required to be audifyd under Part 16 of the 2006
Act and are eligible for lndCpcndL￿t examination. I report in respect of my examination of your company's
accounts as carried oul under section 145 of thc Charities Act 2011 (*he 2011 Act"). In Catrying out my
examination I have followed Ihe DirLLtions givcn by the Charity Commission under section 145(5Xb) of the 2011
Act. I confim] that bookkeeping services are provided to the Charity by Pulse Accountants Limitcd {trdding as
Anglo Dutch). l a]so confjrni that l am a member of ACCA and thai body is subject to the pmvisions of the
Revised Ethical Standard 2016 issued by the Financial Reporting Council (FRC).
Independent examiner's statement
SAn¢e the wmpany's gross income exceeded £250,000 your examiner must be a member ofa body li*d in section
145 of Éhe 2011 ACL I conftrm that l am qualified to undertake the examination because l am a member of ACCA
which is one of the listed bodies. J have completed rny examination. I confirm that no matters have come to my
attention in connection with the examination giving me ￿use to believe that in any material respect:
accounting records were not kept in respecl of the company as required by section 386 of the 2006 ACL or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accountlng r¢quiremeJ]ts of section 396 of the 2006 Act other than any
requirements that the accounts give a *rue and fatr view" which is not a matter considered as part of an
tndependent examination. or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Pra¢¢ice for accounting and rewrting by Lharitie5 [applicable to charities preparing their
accounts An accordance with the Financial Rcporting Standard applicable in the UK and Republic of Ireland
(FRS 102)].
I havc no ci)ncerns and have come across no other matters in connection with the examination to wh&ch attention
should be drawn in this rcpDrt in order to enable a proper understanding of the accounls to be reached.
Hclcn Imrie
FCCA
The Counting House
High Street
Tring
HP23 STE
Date: ...5 March 2025
Page 6

The Douglas Bader Foundation
Statement of Financial Activities for the Year Ended 31 Oetober 2024
(Including Income and Expendilure Account)
Unrestri¢ted
runds
Totsl
2024
Total
2023
R¢$tri¢ted fuDds
Note
Income from:
Donations and legacies
Other income
Investmeni inwme
165,531
223,120
2,750
388,651
2,750
4,422
372.933
4.000
208
4,422
Total Income
169,953
225 870
395.823
377,141
Expendlture on:
Raising funds
Charitable activities
(74,326)
(74,099)
122,295
{148,425)
483 879
(165,481)
295,867
Total Expenditure
435 910
196 3941
632.304
461,348
Net (expenditsrevincome
Gain on inveslment assets
265.957
236.481
Net movement In fuuds
(246,043)
29,476
(216.567)
(87,171)
RecoDclllatlon of funds
Total funds brought fonvard
272 165
314,612
401.783
Total funds cattied fonward
17
26,122
71.923
98,045
314,612
The not¢s on pages 10 to 22 forni part of these financial statements
Page 7

The Douglas Bader Foundation
(Registration number: 02288815)
Balance Sheet as at 31 Oelober 2024
2024
2023
Note
Ffixed ￿set8
Tangible assets
Inv¢slments
li
12
Current assets
Debtors
Office equipment
Investments
Cash at bank and in hand
13
1.924
9.290
2284
281.940
54.177
347,691
12
114240
116,164
Creditors: Amounts falling due wlthin on¢ year
14
Net curr¢nt assets
98,045
315 167
Total assets less eurrent liabilities
98,045
315,167
Cr¢ditOTS: Amounts falling due after rnore than one year
Net asstts
15
(555)
98.045
314.612
Funds of the Charlty:
Restricted ineome funds
71.923
42.447
Unrestrided ineom¢ funds
Unrestrirtd incorne funds
26,122
272,165
Totsl hnds
17
98,045
314,612
The financial statements on pages 7 to 22 were approved by the trustees, and authorised for issue on
March 2025 and signed on their behalf by:
GJPCadb
The notes on pages 10 to 22 forni part of these financial ststements
Page 8

The Douglas Bader Foundalion
Statement of Cash Flows for the Year Ended 31 October 2024
2024
2023
Note
Cash llows from operatlDg activities
Nei cash income/(expenditure)
(216.567)
(87,171)
Adjustments to t&8h flows from non-cash Items
Depreciation
Investment income
Loss on salL of tangible fixed assets
GaAnl(Loss) on rcvaluation of investments
961
(208)
(4,422)
2284
19,914
{238.619)
2.964
(83,454)
Working capit&il gdjuslmellts
(Increase)IDecrffa￿ in debtor5
(Decreas¢)Iln¢reas¢ in creditors
13
14,15
7,366
(672)
14.829
Nel cash flows from operating activtties
246213
69.297
Cgsh flows from ijvestlng actfvltles
Intertst re¢etvabl¢ and similar income
I￿rChaSe oftangible assets
Proceeds from sale of tangible a&sets
Purchase of invothents
Proceed5 from sale ofinvestments
Transfcr to cash held for investmenl
Dividcnds from investments
4,422
208
li
(1,444)
12
(206.911)
505,616
3.149
(46.004)
125.789
2,526
12
Net cash flows from investing activities
306 276
Net Increasel(decrease) ID ￿3h and ¢9sb equivalents
60,063
11,778
Cgsb and casb equffivalents at l November 2023
54.177
Cash equivalents at 31 October 2024
114
40
54.177
The note5 on pages 10 to 22 frjrni part of these financial statements
Page 9

The Douglas Bader Foundatloll
Notes to the Financial Statemenls for the Year Ended 31 October 2024
Aeeountittg ptslieies
Swmm4ry of 5igDlfieant aecountlllg policies and key a¢¢ovnting estlmates
The principal accounting policies applied in Ihe preparation of these financial stat¢m¢nts are set out below. These
polieies have been consistently applied to all the years presented, unless othcrwise stated.
Statement of ¢ompliaDce
The financial slalements have been prepared in a¢¢ordance with the Charities: Statement of Recommended
Practice (applicable to charities preparing their financial statements in accordance with the Financial Reporting
Standard app1]￿ble in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP
(FRS 102)), the Financial Rewrting Siandard applicable in the UK and R¢publtc of Jreland {FRS 102). and the
Companies A¢1 2006.
Basis of prepar4tion
The Douglas Bader Foundation is a private company limiled by gu8rantee incortK)raled in En8land & Wales
(registered number 02288815). The Dougl&s Bader Foundation As also a charity registered in England & Wales
(registered number 800435). In the event of the charity being wound up, the liability in respect of the guarantee is
limited lo £1 per member of the charity- The address of the registered offi¢¢ is given in the charity infonnation
in¢luded in the TTUStees' Re￿rt as are the nature of the charity's operations and principal activities.
The Douglas Bader Foundation meets the definilion of a public beneftt entity under FRS 102. Assels and liabilities
are initially recognised at historica] cost or transaction value unless othenwise staled in the relevant accounting
FN)licy notes.
Golng ¢oncern
As explained in the trustees"" report, the trustees have reviewed the Foundation's position and have agreed ￿ cease
operations from 31 Odober 2024. Consequenil) * the financial ststements have been prepared on a basis other than
going ￿ncern. As a result of this, assds are recorded at their recoverable amount attd long tem) assets and
liabilities have been reclassified as current.
Estimates And Judgements
Estimates and judgements are continually evaluated and a￿ based on historical experience and oiher factors,
including expectations of future events that are believed io be reasonable under the ciwumstan¢es. The items in
Ihe financial statements where these estimates and judgements have been made include the useful economic lives
of tangible fixed assets. The annual depreciation charges for the tangible assels are sensitive lo changes in the
eslimaled useful economic lives and residual values of the assets. The useful ewnomic lives and residual values
are re-assessed annually. They are amended when necessary to refiect current estimates, based on economic
utilisation and the physical condition of the assets.
In¢ome
All income is recognised onLe the charity has entiilement to the income, it is probable that the in¢orn¢ will be
received and the amoun¢ of the income receivable can be measured reliably.
Page 10

The Dollglas Bader Foundation
Notes to the Financial Statements for the Year Ended 31 October 2024
Donations and legacl
Donations are recognised when the charity has been nutified in writing of Ix)th the amount and seulement date. In
the event that a donation is subject to ronditions that require d levLI of perfomiance by the charity before the
charity is entitled lo the funds. the income is deferrcd and not recognised until either those conditions are fully
met, or thc fulfilrnent of those conditions is wholly within the control of the charity and it is probable these
condilions will be fulfilled in the reporting PLTiUd.
l.egacies ar¢ rewgnised at the earlicr of the charity being notified of an impending distribution or the legacy being
received. If a legacy is notified but it is not possible to rn￿￿re the exact amounl cxpLLtcd to be distributed the
legacy is treated as a conlingcnt asset and disclosed.
Donated Servi￿ are recognised in income at their fair value when their economtc benefil is probablc and can be
measurcd reliably. Fair value is deiennincd on the b&8is of the value of the gift to the charity, for example ihe
ount the charity would be willing lo pay in ihe op¥n market for such services. A ¢orr¢spDnding amount is
re￿gnised in exp￿diture.
Royalty income
Royalty inwme 15 recognised when the charity has been notified of the amount ￿re1vable.
Inveslttwnt Income
Interest on funds held on dewsit is Included when receivable and the amount Can Ix measured reliably by the
charity*
. this 15 nonnally upon notification of the interest paid or payable by the bank. Dividends are recognised
once the dividend has been declared and notifi¢a¢ion has been received of the dividend due.
Gov¢rnmentgran¢s
In￿me from the Coronavirus Job Retention Scheme is recognised when the charity has entitlement to the funds,
il is probable that the income will be re¢¢ived and the amounl can be measured reliably.
Expenditure
All expenditure is recognised once theK is a legal or constructive obligauon io that expenditure, it is probable
settlement As required and the amount can be M￿ured reliably. All costs are allocated io the applicable
expendilure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to
particular headings they have been alloLatL'd on a basis consistentwith the use of resources, with cenlral slaff costs
allocated on the basis of time spenl, and depreLriatiun charges allocated on the portion of the asset's use. Other
SUp￿rt costs are allocated based on the spread of staff costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
RoiwipwfAnds
'I'hese are costs. incurred in attracting voluntary income, the management of investments and those In￿tTed in
trading activities ihat raisc funds.
Charitable acliviti
ChaTilable cxpenditure comprises those costs incurred by the chaTity in the delivery of its activities and services
ror its benLficiaries. It includes ix)th costs that Lan bL allocated directly to such activities and those cosls of an
indireci nalurc ￿￿eSsary to supwjrt th¢m.
Support costs
Support costs are those that assist the work of the charity but do not directly represent ¢haTilable artivities and
include oifice cosls and governance costs. They are incurred directly in supp)rt of expenditure on the objects of
the charity. Where suprA)rt costs cannoi be directly attribuied to particular headings the), have been allocaied
cosls ofraising funds and expenditure on ¢haritabl¢ a￿1VilIeS on a basis consistent with use of Ihe resources.
Pagell

The Douglas Bad¢r Foundation
Notes to the Financial Statements for the Year Ended 31 October 2024
Governance costs
These include th¢ costs auributable to the charity's compliance with ¢onstitutional and stsiulory requirements,
in¢ludin8 audit, stralegic management and Trustee's meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Aci 2010 and therefore
it mee¢s the definilion of a charitable company for UK corporation lax purposes. Accordinglyj the charity is
lentially exernpt from t&xation in respect of income or ¢4pAtal gains received within categories covered by
Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992,
to the extent that such income or gains are applied exclusively to charl￿ble pu4)oses.
Tanglble r￿ed *s5etS
Individual fixed assets C05ting £l,(K)O or more are initially recorded at ¢OSL less any subsequent accumulated
depreciation and subsequent accurnulated impairnient losses.
DepreclailoD and Amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual
value, over their expect￿ usefvl economic life as follows:
Asset ¢1gs$
Furniture and equipment
Depreelatlon Meth(￿ and rate
250/0 straight line
CurreDt asset Investments
Current asset investments are in¢luded at markel value at the balance sheet date. Realised gains and losses on
investments are calculated as the difference between sales proceeds and their market value at the start of the year,
or their subsequent cosL and are ¢harged or ￿edited ￿ the Statement of Financial Activities in the period of
disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged
to the Statement of Financial Adivities based on the market value at the year end.
Debtors
Short tem] debtors are initially measured at the transaclion price, less any impairnient. Prepayments ar¢ measured
at the amount prepaid.
Cash eash ¢quiv*leDts
Cash and cash equivalents comprise cash on hand and call de￿31t& and other short-terni highly liquid investments
that are Teadily convertible to a known amount ofcash and are subjecl to an insignificant risk of change in value.
Creditors
Creditors are recognised where the charity has a present obligalion resulting from a past event that will probably
result in the transfer of funds to a Éhird party and the amount due to settle the obligation can be m&￿ured or
estima*d reliably. Creditors are recognis¢d at their settlement amounl after allowing for trade discounts.
Hlre pur¢has¢ agreemeDts
Assets held under hire purchase a￿eeMentS are capitalised and dI￿10S¢d under tangible fixed assets at their fair
value. The capitsl element of the future payments is treated as a liability and the interest ts charged to the profit
and loss account on a straight line basis.
Page 12

The Douglas Bader Foundation
Notes to the Financial Statements for the Year Ended 31 October 2024
Fund strneture
Unrestri¢ted income funds are general funds that are available for use at the trustee's dI￿retIOn in furtherance of
the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purry)ses, the us¢ of which 15
restricted to that area or pur￿$¢,
FinaDelal Instruments
The Dougl&s Bader Foundation only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Bas1¢ financial instruments are initially recognised at transaction value and subsequently
measured at their settlemenl value.
2 Income from donations and legacies
Unrestricted
llds
Total
2024
Total
2023
Restricted funds
Donalions and legacies.
Donations
Legacy
Royalties
161,419
223,120
384,539
361,659
4.112
165,531
4.112
388.651
11.274
372,933
223,120
Donations include £NIL (2023 - £NIL) in respect of donated services relating to the Bader Braves Flying Days.
These events only take placL" th￿kS to the contribution of volunteers who provide their flying skills and
aircraft to the Foundation free ol charg4 and aiTfields where no charge is madL for landing fees and other
associated costs. 'I'he estimated value of these fees is recognised within income as a donation and an equivalent
charge is included in professional fees.
Page 13

The Douglas BAder Foundation
Notes to the Financial Statem¢nls for the Year Ended 31 October 2024
3 Investment income
Unrestricted
fund5
Total
2024
Totsl
2023
Interest rece&vable and similar income.
Interest receivable on bank deposits
208
4,422
208
4a Expenditure on raisfing funds
Costs of g¢n¢rating donations aDd legacies
Unrestricted
nds
Totsl
2024
Totsl
2023
Restricted thnds
Marketing and publicity
Other direct costs of generdting
voluntary income
55,238
61,750
116,988
133.128
19.088
74,326
12.349
32J53
165,481
148,425
4b Expenditure on ralslng thnds- previous year
Costs of generating donatlons and le￿tieS
Unrestricted
fuDds
Totsl
2023
Tot41
2022
Restricted funds
Marketing and publicity
Other direct costs of generating
voluntary income
60.543
72.585
133,128
131,326
32,353
165 481
30.449
161.775
78,919
86.562
Page 14

The Douglas Bader Foundation
Notes to the Finaneial Statements for the Year Ended 31 Oetober 2024
5a Exp¢nditure on cbaritable aetivities
Actfivlty
undertaken Grnnt fundiDg of Activity support
direetly
adlvfity
costs
Total
2024
Total
2023
Bader Braves
Bus Company/Big
Band
MITT appeal
Websile &
communication
Other events
14,220
2,250
6,095
22,565
22,566
10,729
23,877
1,065
70,155
11,794
104,769
24.009
83,873
10,737
23.577
47,442
119.845
10.602
21,334
48.768
34,179
310572
483,879
28,449
136.970
295 867
241796
315.266
5b Expendlture on eharilable activities- prevlous year
Aetivlty
ndertaken Grant funding of Activity support
dirtttly
aetivity
Costs
Total
2023
Total
2022
Bader Brave5
Bus Company/Big
Band
15,534
2,250
4,782
22566
35,717
24,009
20,930
24,009
83.873
30,696
258,396
MIrr appeal
Website
mmunication
Other events
55,200
7.743
20.766
32,918
114 157
7,683
16.300
28,449
136 970
295,867
23.703
117014
465.526
145.202
£361,584 (2023 - £177.917) of the above expenditu￿ was attributable to unrestricted funds and £122,295 (2023
- £117,950) to rcstricted funds.
Included in thc expenditure analysed in Note 5a. there are also governanLe costs of £40.750 (2023 - £19.465)
which rel￿e directly to charitable activities. See note 6 for further detsils.
Page 15

The Douglas Bader Foundation
Notes to the Financial Statements for the Year Ended 31 October 2024
6a An*lysis of governan¢¢ and support costs
Support costs 4llocated to raising funds
Premlses eo$ts
includlng
depreelatlo
Other support
eo$¢s
Totsl
2024
Total
21123
Basis of
allocation
Costs of g¢nera¢ing
donations and legacies stsff time
Investhient management
costs
1,009
2,821
3,830
2,569
Direct
1,009
4,294
5.303
4.946
Support costs allocated to eharltable aetlvliles
Premises
eosts
Govern*nee Administration itt¢luding Other 5UPPOrt
costs
costs
depreelatlon
eosts
Totsl
2024
Total
2023
Legal &
professional
Travel &
subsistence
PrcmisLS
Staff Costs
35.368
35,368
13,357
2,882
2,882
8,018
2,500
48,768
3,608
8,402
11,141
36,508
4,038
3,980
2,500
40,750
4,038
3.980
Support Costs are allocated on the following basts..
- Legal & professional fees on a direct basis.
- Travel & subsistence based on usage:
- Premises and staff costs based on staff time.
Governallee Costs
Unrestricted funds
Total 2024
Total 2023
Staff costs
Wages and salaries
Independent Lxamlner's remuneration
Bookkeeping and accountancy fees
Payroll fees
Legal fees
Other govemance costs
2.500
2.500
2.500
945
5,140
479
5.105
532
29,731
2,882
5.105
532
29,731
2.882
40,750
6.793
3.608
19,465
Page 16

The Douglas Bader Foundation
Notes to the Financial Statements for the Year Ended 31 Oetober 2024
6b AnAlysis ofgovernance eost$- previous year
Governanee Costs
Unrestricted funds
Total 2023
Total 2022
Ststf custs
Wagcs and salaries
Independent Examiner's remuneration
Bookkeeping and accountsn¢y fees
Payroll fees
Legal fees
Other governance Costs
2,500
945
5,140
479
2.500
945
5,140
479
6,793
3,608
2.500
945
4,990
492
2.953
1,062
12,942
6,793
3,608
19,465
7 Grant-making
Analysis of grants
Crants to
inslilutlons
2024
Grants to
Indlvffiduols
2024
Analysis
Grants paid
212 301
102 965
The support costs associated with grant-making are £nil {31 October 2023 - £nil).
Significant grants to institutions include £70,155 to Koalaa Limited in respect of the MITT appeal. £17.500 to the
Alex Le74'is Trust, £15,000 to Arctic One. £10.025 to Finding your FeeL £30,000 to Wings for Warrior& £15,000
t() Over the Wall and £5,000 to LimbFower.
8 Net IDeome
Net income for the year is stated after charging:
21124
2023
Indcpcndcnt examiner fees
Depreciation of f￿¢d as￿t5
945
961
Page 17

The Douglas Bader Foundation
Notes to the Finaneial Statemen¢S for the Year Ended 31 October 2024
9 Trustees remuneration and expenses
During the year th¢ Charity made the lollowing transactions with trustees for
reimbursement of travel and subsistence cosls..
S K Riddi¢k
£nil {2023: £nil) of expenses were reimbursed to S K Riddick during the year.
G Jackson
£209 (2023: £nil) of expenses were reirnbursed to G Jackson during the year.
R PaseAII
£41 (2023: £nil} of expenses ￿'ere r¢Rmbursed io R Pascall during the year.
G J P Cadbury
£nil {2023: £nil) of expenses were reirnbursed to G J P Cadbury during the year.
No trustees, nor any persons connected with them, have received any remuneration or other benefits from the
charity during the current or previous y¢ar.
10 Staff costs
The a88re8ale payroll costs were as follows:
2024
21123
Staff ¢os¢s dMriDg the yeAr wer¢:
Wages and salaries
J08.448
98,680
The above figures include employefs national insurance conlributions of £5,448 (2023 - £4,264}.
Thc Monthly averdge head count number of ￿rSOnS (including senior management team) unploycd by thc Charity
during the year was as folluws:
2024
No
2023
No
Staff numbers
No employee receivd emoluments of morc than £60.000 during the currenl or previous year.
The chief executive officer, iyho is considered to b¢ ihe charity's key managemen¢ personnel. Teceiv¢d employee
remuneration and benefits totalling £45,000 (2023 - £39.750).
Page 18

The Douglas Bader Foundation
Notes to the Financial Statements for the Year Ended 31 October 2024
11 Tangible llss¢ts
Furnlture and
equipmeDt
Total
Cost
At l November 2023
Additions
Dispusals
6,239
6,239
39
6.239
At 31 October 2024
D¢preciation
At l November 2023
Charge for the year
Depreciation on disposals
3.955
3,955
3.955
3.955
At 31 October 2024
Net book value
At 31 OGtobeT 2024
At 31 October 2023
2.284
2,284
12a Current asset Investments
2023
Other investments
Other investments
Li%t¢d
investments
Cash portfolio
Totsl
Cost or Valuation
At l Novcmbcr 2023
Revaluation Ios5
Gain realised in the year
Lisled investment additions
Sale proceeds
Transfers
Inl'eslmenl income
Management fees
Disposals
278,791
(206.920)
226.834
206,911
3.149
281.940
(206.920)
226.834
(206,911)
505,616
(304,630)
4,249
(1,473)
505,616
(304,630}
4.249
(1,473)
505,616
505,616
At 31 OclobcT 2024
Iyet book value
At 31 October 2024
At 31 October 2023
361,540
5,675
367,215
Pa8¢ 19

The Douglas Bader Foundation
Notes to the Financial Statements for the Year Ended 31 October 2024
The historic cost of the listed investments As £nil (2023 - £302,985).
12b Other investmeDts
An original painting has been donated to the charity with the possibility that income be generated either
through its eventual sale or by use of its image for commercial purposes. The Trustees consider that it is currently
impracti¢al to m¢asure the fair value of ihe painting and the costs of a fornial valuation outweigh the benefits.
Until there is gre4¢er ¢¢rtainty surrounding its p)tenlial use. the painting is held as an investment with £Nil value.
13 Debtors
2024
2023
Prepayments
Other debiors
1.907
17
1,924
1.905
9,290
14 Creditors: Amounts fallillg due within one year
2024
2023
Other taxation and so¢ial security
Hire pU￿haS¢
Accrnals for grants payable
Accruals and deferred inwme
4,398
666
9,250
1.170
16,949
15 Creditors: Amounts falling due after more than on¢ ye4r
2024
2023
Hire purchase
555
Page 20

The Douglas Bader Foundalion
Notes to the Finaneial Statemenls for Ihe Year Ended 31 October 2024
16 ChArfity stath$
The Charity is a Charity limtted by guarantee and consequently does not have share capital. Each of the trustees
is liable to contribute an amount not exceeding £1 towards the &ssets of the Charity in the event of liquidation.
17a Analysis of movement in funds
Other
reeognised
gaiDS &
transfers
Balance at I
November
2023
Balanee at 31
October 2024
Income
Expenditur¢
Unrestricted funds
Unrestricted general fvnds
272,165
169,953
(435,910)
19.914
26,122
Restrleted funds
225,870
196,394
71.923
Tot*1 funds
314.612
395 823
632.304
98.045
17b Analysis of movement ID funds- previous year
Other
reeognlsed
gains &
transfers
Balan¢¢ at I
Iyovember
2022
Balance at 31
October 2023
Ineome
Expenditure
UDre5tri¢¢ed funds
Unrestricted general ￿ndS
390,664
141,301
(256,836)
(2,964)
272,165
Restricted funds
11,119
235.840
1204,512).
Tolal funds
401.783
377,141
461.348
314,612
General funds represent funds of the charÉty which are not designated for Particul￿ purposes.
Restricted ￿ndS represent monies raised to suptx)rt the Bader Brnves, Bader Bus Company and Bader Big Band
events and the MITT project.
Transfers have been made where necessary from unrestricted to reslri¢ted funds as authorised by the Trustees in
order to SUp￿rt expenditure on the a￿ve projects.
Page21

The Douglas Bader Foundation
Notes lo the Finaneial Statements for the Year Ended 31 October 2024
18 Related party transaetlons
During the year thc Charity entered into a contract for servtces with Trillion Tree Ltd. Payments of £5,8(M) (2023
- £26.6(K)) were made during the year. At the balance sheei date the amount due tolfrorn Trillion Trec was £Nil
(2023 - £Nil).
Page 22