Charity number: 1002278 The Godinton House Preservation Trust Trustees. report and financial Statements for the year ended 31 October 2025
The Godinton House Preservation Trust Reference and administrative detail$ of the charity. its trustees and advisers Trustees. report Independent auditor's report on the financial statements Statement of financlal actlvlties 9- 12 Balance sheet 14 Statement of cash flov 15 Note$ to the financial statements 16-30
The Godinton House Preservation Trust Reference and administrative details of the charity, its trustees and advisers for the year ended 31 October 2025 Trustees Rt Hon. D H Green MP Mrs G Jennings The Hon. J D Leigh-Pemberton The Hon. W G Plumptre Charity registered number 1002278 Principal office Godlnton House Godinton Park Ashford Kent TN23 3BP Independent auditor Chavereys Audit Llmited Statutory Auditor The Goods Shed jubilee Way Faversham Kent ME13 8GD Bankers Uoyds Bank plc 81 High Street Ashford Kent TN24 8SS Solicitor Charles Ru55ell Speechlys LLP 5 Fleet Place London EC4M 7RD Investment manager WIM 16 Bèbmaes Street London SWIY 6AH Page I
The Godinton House Preservation Trust Trustees, report for the year ended 31 October 2025 The trusteès prèsent their annual repor¢ together wtth the audited financial stateménts for che year to 31 Ortober 2025. Objective4 Strurture. goYernan¢e and management Constitution and objectlves By a trust deed dated 17 january 1991 the late Alan Wyndham Green { "the settlor. I settled Godinton House, its grounds and surrounding parkland. together with variou5 chatte15. upon charltable trSts to preserve them for the public benefit The obiects for whlch the charity was e5tsb115hed are= to preserve for the public benefit the whole or such part or part5 of Godinton as are of natlonal, scenlc. hlstorfcal. architectural, aesthetic. scientifie. educational or artistic interest or importance. 21 to protect and improye the amenities of Godinton for the publie benefit 31 to preserve for the public benefiL as an adjunct to Godinton, the chatte15 kept there. 41 to facilitate and encourage acces5 to, and the study and appreeiation of. Godinton and the chattels at Godinton. such other charitable purposes as the trustees shall from time to time decide. Trustees The current trustees are named C*n page l. Appointment of trustees is governed by the trust deed of the charity. The board of trustees 1$ authorised to appoinc new trustees to fill vacancies arising through resignation or death of existing trustees. Management and administration of the charity is deleted to the Trust Administrator, the House Manager. the Estatr Manager and the Head Gardener who report to the trustees. Pollcles adopted for the induction and training of trusttès New tru5tee5 undergo an orientation day to brief them on their legal obligations under chariry l&w, the content of che trust deed. the decision maknng processes, current plans and recent financial performance of the trust. During che induction day they meet key employee5 and other frusrees. Trustees are encouraged to ittend appropriate extern741 tralning events where these will facilitate the undertaking of their role. • Pay policy for key management personnel Senior staff pay is set by the board of trustees having consideratyon to the experience and qualification of the staff member concerned and available information as to industry average pay for similarly qualified individuals holding a similar pos6tion. Page 2
The Godinton House Preservation Trust Tru5tees' report (continued) for the year ended 31 October 2025 Objectives, structure• governance and management (continued) Inyestment poli<y and perforniance The trustees have delegated the management of their investments to Waverton Investment Management Iwavertonl at ts dlscretion. which will be exercised in the best interests of the charity. (i) Investment objective The aim of the charity is to achieve for the foreseeable future a reli2ble and growing Income stream which. over time, will at least keep pace with inflation at the best yield consistent with the appreciation in che value of Ihe inverted capital necessary to achieve that income growth. Thi5 aim should be pursued via a prudent and balanced exposure to the best stocks and funds worldwide as Wèverton believe5 to be appropria in the interest of long term grtswth. {ii} Inve5trnent restrictions The crustees have wide powers of investment There are no specific restrictions other than that the investments should be suitable for trustees. Reserves policy The charity'5 primary object is to preserve Godinton for the benefit of the public. The trustees must therefore ensure as far as possible that they have $ufficient funds to enable them to fulfil that and the charity's other obiects for at least the foreseeable future. The chariry has no permanent endowment of investment a55ets and issue5 no appeals for funding, As its unrestritted fund5 are in place to 5UStain it for its long term future they are not regarded by the tru5tee5 as fully expendable. As well as let properties on the Godinton Estats, the charity has a portfolio of investments which compri5e5 an unrestricted capital fund which will generate income with which to susr2in the charity over the long term. The trustees endeavour to restrict spending to rhe income derNed mainly from the investments and the estate. Budgeted expenditure falls within two broad categories.. (il Essential spending on staffing. utilities. general maintenante of the house and its contents. the park and other proper(les on the estate and insurance and professional fees. {iil Discreuonary spending on longer term projects. The trustees have rolling programmes for projects such as those noted in the review of actNitie$. all intended to improve the charity's assets, financ4al security for the future or grear public benefiL A5 It is the charity's policy not to be dependent upon public or other chiritsble 5ub5crlptlons lor the maintenance of its operations. the trustees have not thought it appropriate to maintsin formal reserve5. though, as noted. they are eareful to restrict their expenditure to within av2i12ble year on year income. The trustees monitor the level of funds inYe5ted 2t least half yearly in conjunction with their advisers and they believe that it is neither excessive nor deficient having regard to the return5 earned by it The free re5erYe5 of the eharity (unre$tricted fund5 excluding designated funds} as at 31 October 2025 were £16,916,682. The charity is forwnate to have the support of its associ2ted grant making charity, the Godinton Charitable Trust. which has provided funding for projects for the long tem) benefit of Godinton. However, the trustees do not rerdrd the ¢xca510nal funding by the Godin¢on Charitable Trust a$ being integral to their budgeting. Instead, they firmly believe that the charity's land and invested capital are to be regarded as the long term providers of income with a view to matching inflation and. preferably, outpacing Page 3
The Godinton House Preservation Trust Trustees, report (continued) for the year ended 31 October 2025 Objectives. structurej governance and management {contiDued> • Rlsk managemert The trustees have assessed che malor rlsks to which the charity is exposed. in particular those re12ted to the operations and finances of the charity, and are 5ati5fied thit 5yStern5 and procedures are plaee co mitigate exposure to the major risks. Achievement5 and performance Review of activities undertaken for publlc beneflt The house hosted its usu315erie5 of Christmas events inclvding the very popular Christmas wreath workshop and the annual carol concert raising funds for Pilgrims Hospices. New additions to the e¥ent5 programme chis year were two elassittl concerts held in the Great Hall. in partnership with the Young Classical Art15ts Tru5¢ and an Autumn Fair which attracted 700 vi51tors. Both were very well received and will remain in the programme Thext year. The open season started wtth a busy Mothering Sunday and visitor number5 overall were up on last year with a total of 16,233 visiring over the year. New events and workshops were awailable for lamilie5 during the school holidays: a new Easter trail was created using painted wooden egg5 wirh letter5 to find and a trail booklet to complete, free to anyone visiting the grden$. In addition. vo days of craft 5es5ion5 and two day5 of nature workshops were organi5ed. During May haw term. different childrens workshops were offered to families-. The Scent Event was a guided sensory tour of the garden followed by a craft activity decorating and planting 12vender in a po( a pennant maktng art workshop using Sublimation and pond dipping workshops in the Italran Garden. Further artlcraft workshops and a sculpture trail were available during the summer holidays and October half term. The summer events. including the Delphinium Festival. outdoor theatre performances and Sculpture Exhibition were enjoyed by visitors. Charity events raised funds for St John Ambulance, The Samaritans and Pilgrims H05pice5 a5 well as the annual Macmillan coffee morning. The new website was launched at the start of the open season and has been well recelved by visltors and staff. 2024 has been a succe55ful yw for education with a total of 1009 5wdents vi5ivng over the year. Clas5 Visits, enrichment programrnes, projects and school holiday acuvities fomied the basis of the programme fitting in with both che Godinton and 2caderThiC calendars. 19 class vlslts Wlth a total of 783 students focused on a range of topics, mostly outdoor based. A total of I I different Schools vislted, the majority from primary schools. with 5 schools visiting rrore than once. A pilot of Christmas themed visits is planned for 3 schools In December including ornament-making. stories with hot chocolate and brownies and singing in the Great Hall. Enrichment programmes have enabled smaller groups of children to visit Godinton on a regular basis. developing relationships and taking part in a range of learning experience$. Topics included growing and outdoor learning. flowers. bees and growinx, grow your own lunch and a taste of Godinton life. A programme with a Home Ed group is bein8 piloted. with monthly themed visits covering a range of topics, including autumn. tree5 and habitats. A School Sculpture Project ran during June and july with 119 pupils making fabric banners with local artist. Becky Vineer. The completed banner5 were displayed in the Walled Garden in the garden exhibition, followed by a eelebration event for partieipating children and their families in August Page 4
The Godinton House Preservation Trust Trustee5' report (continued) for the year ended 31 October 2025 Achievements and perfomiance {continued) Review of artivities undertaken for publlc benefit (contlnued) The house was busy as usual with Christmas events over the festive perlod with the popular Chrisunas carols event raislng mueh needed funds for the Pilgrims Hospice. The year began with two classical coffee mornlng concerts in pamership with the Young Classical Artists Tnjst (YCATI. Both recir21s by a Violinist and Pianist were well received by audiences in The Great Hall. The first Spring Fair wa5 held on the 5th of April. following the success of the preYiou5 Autumn Fair. The Trust welcomed 696 visitors on the day and had 41 independent businesses ITh 2ttend2nce. These frdirs have bought a new audience to Godinton and haye proved very popular arnongst both the eommunity and the local vendors. The Summer season of eyents has been 5ucce5th1 this year. with the annual DelphiniuTn Fe5tiwal drawing in 1,016 visitor5. To accompany the two-week celebration in the Walled Garden. two outdoor music evening5 were held in support of local charities raising a total of £1057 in ticket $21es and over £200 in merchandise sales for children'5 charity Dandelion Time and £2.01 O for our local brdnch of the Samaritans. Sculpture in the Gardens took p12ce 3 week earlier this year and exceeded 2024 sales. The two open-air theatre performances were Sold out as usual in july. The season closed wth the Macrnillan Coffee mornin& where suff baked cakes to raise money for the charity, and the Autumn Fair which attracted 741 visitors. The Trusc continues to support the National Garden Scheme with 4 open d&y5 over the sea50n. Visitor figure5 for the House were slightly down this year. however numbers to the Gardens increased. The education programme has become more es(ablished. with a clear fomiat and delivery model. Scrong relationships have been developed with a select group of schools, many of which are continuing to rebook while new schools are also engaging wSth the progrnmme. Overall participation continues to grow steadily, supported by increased staffing capacity with the appointment of a new full time Education Officer. The first phase of the renovated education space 15 Scheduled for completion and use in Spring 2026. The education programme overall has seen a gr0h of over 30%, most of whSch has been driven by an increase in class V151ts with a total of 1,099 children. 8 Enrichment programme5 ran throughout the academie year. Goat Lees Year 3 children completed their year-long Grow Your Lunch project in September with a visit to harvest the vegetable5 they had grown and use them to make minestrone soup. This was a successful programme and will sr2rt again with the new Year 3 children in January 2026. The 'Feathered Friends, School Sculpture Project with pupils from Charing School took place in july 2025 to run in conjunction with the Sculpture in the Gardens Event. The children were able t¥ rake home their individu31 clay bird sculptures at the end ol the summer holidays. School holiday workshops and activities ran in October half terrn. the Easter holiday5. May half tem and the Summer holiday5. Nature-based workshops delivered in conjunction with Kentish Stour Countryside Partnership were well- attended. During the Easter holidiys. workshop5 Wlth Kentish Stour included rÈver dippin& ne$ng birds and buzzing bee5. Workshops held during May half tsrm included nature suncatchers delivered by The Head of Learning and pond dipping in conjunctton with Kentish Stour. Workshops held during the summer holidays included bees wax candles and mini matchbox homes, which were run jointly with an artist and The Head of Learning, and a bats workshop was delfverèd with Kentish Stour in October. The Christmas events are run for schoo15 which includes tn hour and a half workshop making Christmas decorations. enjoying hot chocolate brownies and a story followed by Singing caro15 in the Great Hall. ln December 2024, 3 of these events were run, with 6 to be held this December- maximum of 30 children per 5es5ion. 14ge 5
The Godinton House Preservation Trust Trustees, report (continued) for the year ended 31 October 2025 Achlevements and performance (continued) Review of activitie5 undertaken for public benefit (continued) The Professional Gardeners, Guild trainee completed their training year at the end of Augu$t 2nd moved on to their next placement at The Garden House in Devon. The House Intern also completed their placement at the end of August and 1$ ow a Herltage Assistant at Hull Culture and Leisure. A new PGG trainee and House intern started their placements in September. The development of Ihe Cart Shed conversion to a multi-purpose space is well under way with phase I due for completion Spring 2026. The Highworth Grammar School. Ashford. compleced a sponsored walk incorporating the Godinton Estate on 13th September. which was a big success and r2ised just over £21.000 to fund 2 new èstroturf sports pitch. Walkers and dog owner5 continued enjoying the wider esr2te using the network of footpaths and perniissive paths. Land drnin5 in Garden Field were upgraded and new inspection chambers installed. Tracks were also upgraded following the woodland management work and to enable wirbter access for machinery. High seats have been installed acr05S the estate for deer management purpo$e$ and a deer population survey is currently being undertaken. Browsing damage continue$ to be noted and ongolng deer management will be truc1 to prOttIng the new plantation5 3nd coppice regrowth. The refurbishment of Ninn F2rmhouse was completed and the tenants moved in in the Spring. New surface water drainage w2s installed at the Ninn commercial units to facilitate fijture development of the site. The chariry took Worten Home Farm back in hand following departure of the tenints and a licence has been granted to a local agricultural company to utilise the land and buildlngs. All eommercial and resldenrlal properties remain occupied. exeept the Cart Shed at Worten Lower Ytrd. where consent has been obtained to tonvert the office unit to residential. Rents continue to be reviewed periodically to relbecc market conditions. A new Head Gardener was appointed a5 well as an experienced gardener and a general gardener bringing the garden team back co full strenyh. The new Head Gardener reported on the current state of various garden areas. identifying key ch211enges. and proposed stratsgic interventSons designed to enhance hortieulcural quality, reduce long-term maintenance nd implement significant cost-saving measures. His approach focused on 5U5tainable planting schemes. efficient weed management 2nd strategic plant procurement and propagation. ensuring the garden's eononued beavty and financial sustainability. Signifitant progress has been made across multiple priority garden area5, including the full reStOraon of the W211ed Garden East Wall, 5ucce5sful management of Box Moth through targeted intervention and strong results from the in-house plant produttion iThitiative. Phase Consultants Ltd carried out an annual audit in January. no maior area of concern identified. Staff training including first aid training for all staff, safeguarding for Head of EducatTron. deer managemenL predatlon management and professional tree inspection course5 for The Estate Manager. art and object handling course for the House Manager, pesticide training for the new experienced gardener. new HR Consultant wa5 appointed on a retained b2sis providing periodic training to departrnent heads. A new additional building maintenance team member was appointed. Page 6
The Godinton House Preservation Trust Trustees, report (continued) for the year ended 31 October 2025 Achlevement5 and perforniance (continued) Future developments Complete the conversion of the Carn Shed to a muti-purpose learning centre. Cornmence a major renewal of fencing. hedges and ditches at Worten Home Farm. Review the range of farm buildings at Worten Farm which has recently been taken back in hand. to consider how these might be best utilised for the benefit of the charity. Complete the work5 on Unit 7 Nirsn Farni. • Volunteers The charity relies on the 5UPPOrt of its volunteer tour guides. No attempt has been made to place a Wdlue on their services but the charity is very grateful for their generou5 and unstinting efftsrcs. Financial review • Going concern After making appropriate enquiries. the trustees have a reasonable expett2tion that the charity has adequate resources to continue in operational exi5tellce for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Re$ult$ for the year The results for the year are set out in the attached financial statements. The net increase in funds for the year amounted to £970.627 {2024'. increase of £1.173,9141. Realised and unreali$ed gains from changes in market value of investments amounted to £1.247.908. Total fund5 at 31 October 2025 amount to £19.910,827. An analysis of funds between designated and general funds and permanent and expendible endowments can be found in Note 19 ro these financial statements. Page 7
The Godinton House Preservatlon Trust Tru5tee5' report (continued) for the year ended 31 October 2025 Statement of trustees, responslbilitSes The trustees are respon51ble for preparing the trustees, report and the flnanclal siatements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom GeTher3lly Accepted AccoUnrtg Practieel. The law applicable to charities in Enand & Wales requires the trustees ¢0 prepare financial statements for each financial year which give a true and fair View of the state of iffair5 01 the charity and of its incoming resources and application of resources. Including its income and expenditure, for th2t period. In preparing these financial 5taternents, the tru5tee5 are required to.. select 5uir2ble accounting policies and then apply them consistently.. observe the methods and principles of the Charitie5 SORP {FRS 102)- rnake judgments and accounting estimates that are reasonable and prudent. state whether applicable UK Accounting Standard5 IFRS 102) have been followed. subject to any material departure5 disclosed and explained in the financial statements: prepare the financial staiemenfs on the going coThcern basis unless 1¢ is inappropriate to presume that the will har(iy continue in business. The trustees are responsible for keeping adequate accounting records rhac are sufficient to show and explain the charity's transartions and disclose wth reasonable accuracy at any time the financial position of the chariry and enable them to ensure that the financial statements comply with the Charities Act 201 I, the Charity (Accounts and Report5} Regulation5 2008 and the provisions of the ¢ru$¢ deed. They are also responsible for safeguardiThg the assets of the charity and hence for taking reasonable steps for the preventitsn and detection gf fraud and other irregularities. In setting objectives and planning for activities. the tru5tee5 have given due consideration to generdl guidance published by the Char¢ry Commission relating to public benefit, including the guidance'Public benefit. running a charity {P821' Disc105ure of inforn)ation to auditor Each of the persons who are trustées at the time when this report 1$ approved has confirmed that.. so far as that trustee is aware, there 15 no relevant audit information of which the Charity's auditor is unaware. and that trustee has taken all the steps that ought to have been r2ken as a trustee in order to be aware of any relevant audit informatSon and to establish that the charlty's tuditor is aware of that information. Approved by order of the members of the board of trustees and signed on thelr behalf by.. The Hon. J D Leigh-Pemberton Trustee Date= 22 June 2026 Page 8
The Godinton House Preservation Trust Independent auditor's report to the trustees as a body of The Godinton House Preservation Trust Opinion We have audited the financial SLltements of The Godinton House Preservation Trust (the 'charry'} for the year ended 31 October 2025 which comprise the statement of fin2nci212ctivities. balance sheet, Statement of cash flows 2nd related notes, tncluding & summary of significant accounung polieies. The financial reporting framework that has been applied in their preparntian 55 applicable law and United Kingdom Accountin8 Standards, including Financial Reporting Standard 102 'The Financial Reporting Stan&ard applicable in the UK 2nd Republic of Ireland, (United Kingdom Generalty Accepted Accounting Practice The financial st2tements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 1021 in preference to the Accounting and Reporting by Charities.. Staternenc of Recommended Practice issued on l April 2005 which 15 referred to in the extant regulations but ha5 been WithdWn. This has been done in order for the accounts w provide a true and fr view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after I january 2015. In our opinion the firmncial 5tatements'. give a true and fair View of the state of the chariry'5 affairs as at 31 October 2025 and of its incoming resources and application of resources for the year then ended., have been properly prepared in aecordante with United Kingdom Generally Accepted Accounting Prartice.. and have been prepared in accordance with the requirements of the Charitie5 Act 2011. Basis for opinion We conducted our audit in a¢cordan¢e with International Standards on Auditing IUKI IISA5 IUKII and applicable law. Our responsibilities under those standards are further described in the auditors, responsibilities for the audit of the financial staiements section of our report. We are independent of che charity in a¢cordan¢e with the ethic21 requirements that are relevant to our audit of the finaThcial statements in the United Kingdom. including the Financial Reporting Council's Ethi¢al Standard, and we h2ve fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In audiring the financial statements. we have concluded that the trustee5' use of the going concern basis of aceountlng In the preparation of the finhncial statements is appropriate. Based on the work we have performed. we have not identffied any material uncertaintie5 relating to events or conditions that. iDdivÉdually or eolleetiyety, may cast significant doubt on the charity's ability to continue as a going corbcern for a period of at least twelve month5 from when the financial statements are tuthorised for issue. Our responsibillties and the responsibilitie5 of the trustees with respect to golng concern are described In the relevant sections of this report. Page 9
The Godinton House Preservation Trust Independent auditor's report to the trustees as a body of The Godinton House Preservation Trust (continued) Other Informatlon The other information comprises the infom)ation included in the annual report other than the financial statements and our auditor'5 report thereon. The trusrees are responsible for the other information conr2ined within the annual report Our opinion on the financlal 5taternents does not cover the other information and. except to the exnt otherwise explicitly stated In our report, we do not expre55 any form of assurance conclusion thereon. Our responsibility 15 to read the other information and, in doing so. Consider whether the other information is materially inconsistent with the financial sr2tements or our knowledge obralned in che course of rhe audiL or otherwise appears to be materialty misstated. If we identify such materSal ixconsi5tencies or apparent material mls5tatemencs. we are required to determine wheEher this gives rise to a materlal misstatement in the financial statements themsel¥e5. If, based on the work we have performed. we conclude that there is a material missratement of this other information, we are required to repon that fact. We have nothing to report in this regard. Matters on which we are required to report by exception We have nothing to report in respect of the following matter5 where the Charitie5 {Accounts and Reports) RegulatlOn5 2008 requires us to report to you rf, in our opinion.. the Informaon given in the tru5tees' report is inconsistent in Y materltl respect wlth the financial statements,. or sufficient accounting record5 have not been kepL or the financia] 5ratements are not in agreernent with the accounting records and returns- or we have not received ail the information and explanations we require for our audit. Responslbllltles of trustee5 As explained more fijlly in the crustees, respon5ibllitTes sTamen( the trustees are responsible for the preparation of the financial ststements which ve a true and fair view and for such inTrrNal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material mi55tatemeni whether due to fraud or error. In preparlng the financial srAtements. the trustees are responsible for assessing the charlry's abillry co tontinue as a going oncern, disclosing. as applicable, matters related to going concern and using the going concern b35is of accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no realistic alternative buc to do $0. Page 10
The Godinton House Preservation Trust Independent auditor's report to the trustees as a body of The Godinton House Preservation Trust (continued) Auditor's responsibilitie$ for the audit of the financial statements We have been 2ppoinfed a5 auditor under 5ectton 144 of the Charities Act 201 l and report in accordance with the Act and relevant regulatyon5 made or having effect thereunder. Our obje¢tive5 are to obtain reasonable assurance about whether the Iinancial 5taternent5 as a whole are free from material misstatement. whether due co fravd or error. and to issue an auditor's report that includes our opinion. Reasonable assurance 15 a high level of as5urarbce buc is noc a g(Mrantee that an audit conducted in 2ccordance with ISAS {UKI will always detrct a rnateri misstatement when it exists. Mis5taEemenc5 Can arise from fraud or error and are considered marerial if. individually or in the aggregite. they could reasonably be expected to influence rhe etonomlc decision5 of users tsken on the basis of these financial sr2tements. Irregularities, including frdud. are instances of non•compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above. to deTrct material mi55tatements in resp¢ of irregularitie5. including fraud. The extent to which our procedure5 are capable of deTrcting irregularitie5. including fraud is detailed below.. A5 Part of designing our audiL we detem)ined materiality and assessed the risks of material misstatement in the financial sratements. including how fraud may occur by enquiring of management of its own consideration of fraud. In particular, we looked at where management made 5ubjectiYe judgements. for example in respect of significant accounvng estimatss that involved making a55umptions and considering future events that are inherently uncertain. We also considered potential financial or o£her pressures, opportuniry and motivations for fraud. A5 part of thi5 discussion we identified the internal controls established to mitigate risks related to fraud or noncompliance with laws and regulations and how management monitor these processes. Appropriate procedures included the review and tesring of manual journals and key e5timate5 and judgements made by management We gained an understanding of the legal and regulatory framework applicable to the charity and the sector in which it operates. drawng on our broad sector experience. and considered the risk of acts by the charity that were contrary to these law5 and regulation5, including fraud. We f¢xused on laws and regulations that could give rise to a material misstatement in the financial statements. includin& but not IJFnited to. the Charities Act 2011. We made enquiries of management with regards to compliance with the above laws and regulation5 and corroborated any necessary evidence to relevant information. Our tests ineluded agreeÈng the fin2nci2i statements disclosures to underlying supporring documentation and enquiries with management. We did not identlfy any key audit matter5 relating to irregularities. Including fraud. As in all of our audlts, we also addressed the risk of management override of internal controls including testing journals and evaluating whether there Was evidence of bias by the management that represented a risk of material misstatement due to fraud. Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the rlsk of not detecng a material misstatement dve to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliber2te concealment by, for example. forgery, misrepresentations or through collusion. There are inherent limitations in the audr( procedures performed and the further removed non-compliance with laws and regulatbons is from the events and trnnsactions rellected in the financi?1 statements, the less likely we are to become aware of it. A further descrSption of our responsibilities for the iudit of the financial statements ts located on the Flnanclal Reportlng Council'5 website at This description form5 part of our auditor'5 report. Page I I
The Godinton House Preseryation Trust Independent auditor's report to the trustees as a body of The Godinton House Preservation Trust (continued) Use of our report This report is made 501ely to the charity'5 tru5tee5, a5 a body. in accordance with Part 4 of the Charities (Accounts and Reports) Regulation5 2008. Our audit work ha5 been undertaken 50 that we rnight state to the charity s trustees those matLer5 we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charity and its tru5tee5, as a body. for our audit work. for this repork or for the opinion5 we have formed. Chavereys Audlt Llmlted Sratutory Auditor Fèver5ham 22 June 2026 Chaverey5 Audit Limited is eligble to act as an auditor in terms of section 1212 of the Companies 26. Page 12
The Godinton House Preservation Trust Statement of financial activities for the year ended 31 October 2025 Endowment funds 2025 Restrictsd Unrestricted funds funds 2025 2025 Total funds 2025 Towl funds 2024 Note Income and endowments from: Donations, legtcies and grants Charitable aciivities 8,140 134,000 777.525 360,294 142.140 777,525 360.294 84J52 746,664 438.490 Investments Total income and endowments 8.140 1.271.819 1.279,959 1,269,506 Expenditure on: Raising fund$- Investment management Charitable aCtitIeS 00.879 ,310,715 00.879 1.496.361 62,727 1.480.314 177.506 8,140 Total expenditure 177,506 8,140 1.371.594 1,557,240 1.543,041 Net (expenditure) before net sains on investments (177.506) (99,775) ,247,908 {277,281) .247.908 1273.5351 1.447.449 Nec gains on Investments Net income (177,506) 144.857 .148.133 (144,857) 970,627 1,173.914 Transfers between funds 19 Net movement in funds (32,649) 1.003.276 970,627 1.173,914 Reconciliation of funds: Total funds brought forward 2.523.510 (32,649) 16,416,690 1.003.276 18,940,200 970.627 17,766.286 1.173.914 Net movement funds Total funds carried forward 2.490,861 17.419.966 19.910.827 18.940.200 The notes on pa8e5 16 to 30 form part of these financial statements. Page 13
The Godinton House Preservation Trust Balance sheet as at 31 October 2025 2025 2024 Note Fixed assets Tangible assets Heritsge 2ssets Investments 1.633.739 1.631,124 15,902,669 395.000 1.620.814 1.695.248 14.831,047 385.000 16 Investment property 14 19,562,532 18.532.109 Current assets Debtors Cash at bank and in hand 51,029 414.184 22.427 498.228 465,213 520.655 Creditors= Amounts falling due within one year (116,919) (112,564) Net current assets 348,294 408.091 Total assets less current Ilabilltles 19.910,826 18,940,2QO Total net assets 19,910.826 18.940.200 Charity funds Endowment funds 2,490,861 2.523.510 Unrestricted funds Designated funds General funds 19 503.283 16,916.682 503.283 15,913,407 19 Total unrestricted funds 19 17,419,96S 16.416,690 Total funds 19.910.826 18,940.200 The financlal statements were approved and authorised for issue by the Trustees and signed on their behalf br. Rt Hon. D H Green MP Trustee thte: 22 lune 2026 The notes on page5 16 to 30 form part of these financial statements. Pa8e 14
The Godinton House Preservation Trust Statement of cash flows for the year ended 31 October 2025 2025 2024 Cash flows from operatlng actlvltles Net cash used in operating a¢tivitie5 {note 22) {429.101) (498,142) Cash IIow5 from investing actp4itie$ Dividends, Interest and rents from investments Purchase of tsngible fixed 355ets Proceed5 from Sale of investments 360.294 438.490 (181.522) (218.869) 1,722.440 2.214.322 (1,556,155) (2.132.033) Purchase of investments Net Cash provided by investing activitie5 345.057 301.910 Cash flows from finan¢lng actlvltles Net cash provided by financing activities Change in cash and cash equiyalents in the year Cash and cash equivalents at the beglnning of the year (84.044) (196.232) 498,228 694.460 Cash and cash equlvalents at the end of the year (note 23) 414,184 498.228 The notes on pages 16 to 30 form part of these financial statements Page 15
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 General informatlon The charlty Is a charitable trust {charity number 1002278}. The registered office 15 Godlnton House, Godinton Park, Ashford, Kent TN23 3BP. Accounting policies 2.1 Basis of preparation of financial statements The financial sraternents have been prepared in accordance wth the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to char¥tie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 {effective l January 2019). ¢h* Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and Ihe Charities Act 2011. The Godinton House Preservation Trust meets the deflnlrlon of a public benefst entity under FRS 102. As5et5 and liabi1Sties are initially recognised at historical cost or transaction value unless orherw15e stated in the relevant accounting policy. The financial statements are presented in pounds stsrling and all values are rounded to the nearest pgund (£1. 2.2 Going concern In the opinion of the tru5ree5 chere 15 no rllaterrdl uncertaintity about the ability of the trust to continue as a going concern. 2.3 Income All income is recognised once the charity has entitlement to the income. it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included In the statement of financial aetiv(ties a receiwable basis. The balanee of income re1ve for specific purp05e5 but not expended during the period is shown In the relevant fund5 on the balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and Included in creditors as deferred income. Where entidement occurs before income is received. the income is accrued. 2.4 Expenditure Expenditure is recogni5ed once there is a legal or constructive obligation to transfer economic benefit to a thlrd pary, it is probable that a transfer of economic benefit will be required in settlement and the amount of the obligation can be measured reliably. Expenditure on raising funds includes all expenditure incurred by the charity to raise fvnds for its charitable purposes and include5 costs of all fundraising activities events and non-charitable trading. Expenditure on charitsble activities is incvrred on direttly undertaking the attivities which further the charity's objectives, as well as any associated support costs. 2.5 Government grants Government grants relating to tangible fixed assets are treated as deferred income and released to the statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the statement of financial activities as the related expendirure is incurred. Page 16
The Godinton House Preservation Trust Notes to the financial Statements for the year ended 31 October 2025 Accounting pollcSes (continued) 2.6 Tangible fixed assets and depreclation Tangible fixed assets cosfjng £1,000 or more are capita115ed and recogni5ed when future economic benefits are probable and the cost or value of the asset be measured reliably. Tan"ble fixed assets are initially recognised at cost After recognition. under the cost model, tangible fixed assets are measured at cost less accumulaced depreciatlon and any accumulated ImpaSrment 105ses. All costs incurred to bring a ianglble fixed asset Into its intended working condition should be included in the measurement of C05L Depreclatlon Is charged so as to allocate the cost of tsngible fixed assets. less their residual value. over their estimated useful lives. using the Straht-lIne method. Depreciation is provided on the following bases.. Freehold property Estate machinery and equiprnent O to 20 year5 S to 10 years Residential freehold property is not depreciated as the depreciation charge is not considered material as the assets have a very long u$eful life and the residual value of the a$sets is not materially drfferent from the carrying amount of the a55ets. Freehold land 15 not depreciated. 2.7 Heritage assets Heritage assets comprise a55ets held for the objectives of the charity for which the charity has a policy of long term retention. These assets do not represent a store of financial resources for the charity. moreover the charity has a long term obligation for maintaining rhese assets in perpetuiry. The heritsge assets held by the charity comprise the Godinton Estate, Its house, gardens, contents. p3rWand. farms and cotrage5. The bulk of these a5set5 were gifted to the trust by the late Wyndham Green by way of a setdement dated 1712nuary 1991. This gift included some assets currently used for adminisrraTive or fund generating purposes. No value has been placed on these assets and, in the opiniot) of the trustees, the costs involved in obtaining such a valuatson would be disproportionats 10 at)y benefit obtained therefrom. Additions to rhè heritage assets, comprising major renovation costs to the house. gardens and estate. are capitalised and written off to the srAtement of financial activities over a period of 50 years on a straight line basis. In the opinion of the Irustees, a 50 year period fleCt$ the actual ancieipated life of the renovation programme. Artworks and furniture acquired a5 additions to the collection held at Godinton House are capitalised at cost. These assets are not depreciited as, in the opinion of the trustees, they have a very long useful life and the residual value of the assets 1$ not materially different from the carrying amount of the assets. Depreciation is provided on the followng bases.. Hause and estate renovation costs - 2% Furniture and artworks not depreciated 2.8 Investments Fixed asset invesrments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the balance sheet date, unless the v21ue cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses. whether reali5ed or unrealised. are Combined and presented as 'gainslllossesl on investment5, in the statement of financial activities. Page 17
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 Accounting policie$ (Continued) 2.9 Liabilltles and provisions Liabilitie5 are recognised when there ts an obligation at the balance sheet date a5 a result of a past event, it is probable that a transfer of economic benefit will be required in settlemeThL and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to setile the debr or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. 2.1 O Financial Instruments The charity only has financial as5ec5 and financial liabilirles of a kind that qualify as basic financial instruments. 81¢ financial instruments are init1311y recognised at transaction Ydlue and subsequently measured ac their settlement value with the exception of barsk loans which are subsequently measured a£ amortised c05t Using the effective interest meihod. 2.1 I Pensions The charlry operates a defined contributlon penslon stheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year. 2.12 Fund ateounttng General fvnds are unrestricted fndS which are available for use at the dlscretlon of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated fund5 comprise unrestricted funds that have been set aside by the trustees for partieular purposes. The aim and use of each designated fund 15 set out in the note5 to the t)n&ncial statements. Endowment funds are capital ftS where the income 15 to be applied to the charity's purposes. With an expendable endowment trustees have the power to convert the c2Pital to income at their discretion. this is not the case wirh a permanent endowment. The house. garden and park (north of River Spinneyl are a permanent endowment under the terms of the trust deed. Those parts of the historic estate that frdll ourside the area defined above that formed part of the oriynal &'ft are treated a5 an expendable endowmenL Investment Tncr)me, gains and lo$$e$ are allocatsd to the appropriate fund. Page 18
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 Critical accountlng estlmates and areas of Sudgment Estimates and judgments 3re continually evaluated and are based on historical experlence and ocher factors. intluding expectations of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumption The charity make5 e5tlmates and a5sumptlon5 coneernlng the future. The resulting accounting estimates and asSuMp0n5 will. by definition, seldom equal the related actual results. The e5timate5 and assumptlons that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are reponed below. Tangible fixed assets Tangible fixed assets are depreciated over their useful lives t2kir*g into account residual values. where approprrate. The actual lives of the as$ets and residu21 wdlues are assessed annually and may vary depending on a number of factors. In asse$sing a$5et live5. facwr5 5u¢h as tethnological innovdtion. product life cycles and maintenance programme5 are taken into account. Residual value as5e55ments consider i5$ues such as future market condition5, the remaining life of the assets 2nd projected disposal value5. Inve5tsnent property Such property is included in these accounts at fair value, the value Is obtained after assessing relevant evidence however there is Significant uncertainty in estimating value. Income from donations. legacies and grants 2025 2024 Donations from Godincon Charitable Trusr 134.000 8,140 74.000 RPA grant for woodland improvement Solar panel grant 10.352 142,140 84,352 All income from donations and legcies in the current and prior period related to unrestricted funds except for £8.140 of grants for restricted purposes12024= £10,352). Page 19
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 Income from charltable actlvltles 2025 2024 House rents Farm and land rents 30.165 42.075 263,971 2.861 158,759 38,254 198.999 42,441 29.465 54.147 233.090 2,836 149,121 41,855 211.128 25.022 Cottage rents Wayleave5 House admissions and events PV and RHI Commercial rents Sundry 777.525 746.664 All income from charitable activities in the Current and prior period related to unrestricted fund5. Investment income 2025 2024 Dividends from listed tnyestments 310.359 29,655 20.280 392.290 33.000 13,200 Interest from liSd investments and bank dep051ts Investment propery rent 360,294 438.490 All investment Ineome In the Current and prior period related to unrestricted fitnds. Investment management fees 2025 2024 Investment management fees 60,879 62.727 All investment management fee expenditure in both the Current and prior period related to unrestricted fvnds. Page 20
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 Analysis of expenditure by activitie5 A¢tivities undertaken directly 2025 Support costs Total funds 2025 2025 Ch3ritèble acuvities 1.264.020 232.341 1.496,361 Activities undertoken direc Support costs Toial fvnds 2024 2024 2024 Charitable activsties 1,295,808 184.506 1.480,314 Direct cost5 2025 2024 Maintenance Irrecoverable VAT 272.093 12.769 64.989 39,740 160.571 418,421 49,850 12,867 232.720 336.529 25.198 62,207 47.092 151,720 399.738 36,770 11.335 225,219 Insurance House opening expenses Other estate costs Wages and salarfjes National insurance Pension Costs Depreciation 1,264,020 1,295,808 All dlrect costs. for both the current and prior year. related to vnrestricted funds except £177,506 of depreciation 12024.. £172.188) which related to endowment funds and £8,140 of maintenance expenses {2024.. £10.351) which related w restricted funds. Page 21
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 Support and governance costs 2025 2024 Legal and professional Wages and salarie5 Auditor's fees audit fees Auditor's fees - non audit fees 99,758 118.124 7,337 7.122 67,383 103.425 8,580 5.118 232,341 184,506 All support and governance costs for the current and prior year related to unrestricted funds. Trustees During the year no trustee received reimbursed expenses 12024.. nill. No trustses receNed remuneratlon or benefits in kind {2024.. £Nil). 12. Staff costs 2025 2024 Wages and salaries National insurance Pension tosts 536.546 49,850 12.867 503,163 36.770 11.335 599,263 551,268 The average number of persons employed by the charity during the year was as follows.. 2025 No. 2024 No. Estate 18 20 Management 21 23 No employee received remunerydtion amounting to more than £60.000 in either year. The total remunera0 of key management personnel is given within the support and governance cost note above. Page 22
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 13. Tangible fixed assets Estate machinery Freehold property equipment Total Cost or valuatlon At l November 2024 Addition$ 2,494,380 144,857 820.607 36,665 3.314,987 181.522 At 31 October 2025 2,639,237 857,272 3,496.509 Depreciatlon At l November 2024 Charge for the year 1,162,834 113.382 531.339 55,215 ,694,173 168.597 At 31 October 2025 1.276.216 586,554 1.862.770 Net book value At 31 October 2025 1.363.021 270.718 1.633.739 At 31 October 2024 1,331,546 289,268 1.620,814 Ineluded in freehold land and buildings is freehold land at a Cost of £208.067 12024.. £208.0671 which is not depreciated. 14. Investrnent property Freehold Invèstment property Valuatlon At l November 2024 385,000 i 0.000 &Jrplus on revaluation At 31 October 2025 395.000 Investment property was valued by the trustees on the b&sls of market value wlth exlsing use. Page 23
The Godinton House Preservation Trust Notes to the financlal statements for the year ended 31 October 2025 Heritage assets A$sets reco8ni$ed at <o$t House and estate renovation Costs Furniture artwork5 2025 Total 2025 2025 Carrying Yalue at l Noyernber 2024 Depreciauon 1,480.031 {64,123) 215.216 1.695.247 (64.123) Carrying value at 31 October 2025 1.415.908 215.216 ,631,124 The heritage assets held by the charity comprise rhe Godinton Esr2te. its house, gardens. contents. parkland. farms and cottages. No value has been placed on these a55ets except for the house renovarion costs and. in the opinion of the tru5tee5. the costs involved in obtaining such a valuation would be dispropon5onate to any benefit obtained therefrom. However furniture and amvorks added to the colleetion subsequent to the original 'ft of the estate are tncSuded at cost but are not depreciated. Major renovation5 to the fabric of Godinton House have been C3Pitali5ed at cost and are depreciated 3t a rate to write <)ff these costs over their estimated useful lives. The house 1$ valued for insurance at £49m and other dwelling houses and estate buildings for £17.4m. The house contents and the ¢olleetion have been insured for £4m. Analysis of heritage asset transactions 2025 2024 2023 2022 2021 Purchases Books added to the collection Total additions 1.600 Page 24
The Godinton House Preservation Trust Notes to the financial statement5 for the year ended 31 October 2025 16. Fixed asset Investment5 Listed Investments Cash at brokers Total Cost or valuation At l November 2024 AddlOn5 14,085.567 1,556,155 (1.517.371) 1,208,197 745.481 14.831.048 1,556,155 (175,360) (1,692.731) 1,208,197 Disposals Revaluations At 31 October 2025 15.332.548 570,121 15.902.669 Net book value At 31 October 2025 15.332.548 570,121 15.902.669 At 31 October 2024 14,085,567 745.481 14,831,048 Debtors 2025 2024 Sundry debtors 51,029 22.427 51.029 22.427 Credltor& Amounts falling due within one year 2025 2024 Taxation and social security Other creditors 21.639 15,085 80.195 17.915 22,512 72.137 Accruals and deferred income 116.919 112.564 Page 25
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 Statement of fund5 Statement of funds . current year Balance at I November 2024 Balance at Gainsl 31 October (Losses) 2025 Transfers Inl(out) Income Expenditure Unrestrlcted funds Designated funds The Godinton Estate and collection 503.283 503.283 General funds General fijnds 15.913,407 ,271,819 (1.371.595) {144,857) ,247.908 16.916.682 Total unrestricted funds 16.416.690 1,271,819 (1,371,595) (144.857) 1,247.908 17.419.965 Endowment funds Permanent endowment 702,146 {78,620) 79,451 702,977 Expendable endowment 1.821.364 (98,886) 65.406 1,787,884 2,523,510 (177.506) 144.857 2.490.861 Restricted funds RPA woodland improvement grant 8.140 (8,140) Total of funds 18,940,200 1.279.959 (1.557.241) 1.247.908 19.910.826 The designated fund The Godinton Estate and Collection, represents the book value of parts of the Godintorb Estate and its collection that do not form part of the endowment which, neverrheless. the trustees do not regard as readily realisable as forming part of the historic estate and it5 collection. Page 26
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 19. Statement of funds (continued) Statement of fund5. prior year 8alfjnce at l November 2023 Bolonce ot 31 Ottober 2G24 Trons(er5 inl(out) Gainsl {Lo55es} Income Expenditure Unrestrirted funds Designated funds The Godinton Estate and collection 503,283 503.283 General funds General fund5 14,750,020 1,259,154 (1.360.501) (182.715) 1.447.449 15.913.407 Total unrestrltted funds 15,253,303 1.259.154 {1.360.501) (182.715) 1,447,449 16,416,690 Endowment funds Permanent endowment 1.912.535 (95,600) 4.429 1,821,364 Expendable endowment 600.448 (76.588J 178,286 702.146 2,512,983 (172.1881 182.715 2.523.510 Restrlcted funds Solar panel grant 10.352 (10.352J Total of funds 17.766.286 1.269.506 {1.543.041J 1.447.449 18.940.200 Page 27
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 20. Summary offunds Summary of fund$- current year Balance at I November Balance at Gainsl 31 October {Losses) 2025 Transfers Inl(out) 2024 Income Expendlture Designated funds General funds Endowfflent funds Restricted funds 503.283 15,913,407 2.523.510 503.283 16.916,682 2,490,861 .271.819 {1.371.595) (144.857) (177,506) 144.857 (8.140) 1.247,908 8,140 18,940,200 ,279,959 (1,557,241) 1,247,908 19,910.826 Summary of funds- prior year Bolonce at l November Balonce at 31 October 2024 Transft inllout) G$1 (Losses) 2023 Income endtture Designated fund5 General funds Endowment fvnds 503,283 14.750,020 2,512,983 503.283 15,913,407 2.523510 1.259.154 (1.360.501) {172,188) {10.352) (182.715) 182,715 1.447.449 Restricted funds 10.352 17,766.286 1,269.506 (1.543.041) 1.447.449 18,940.200 21. Analysis of net assets between funds Analysis of net a$5ets between funds . current year Endowment Unrestrict'd funds funds 2025 2025 Total funds 2025 Tangible fixed assets Fixed asset investments Investment property Heritage assets Current a55ets 1.074,954 558,785 1,633,739 15,902,669 15.902.669 395,0 395.000 215,217 .631.124 465,213 465,213 1116,9191 (116.919) 1,415,907 Creditors due within one year Total 1490.861 17,419.965 19,910,826 Page 28
The Godinton House Preservation Trust Notes to the financial statements for the year ended 31 October 2025 21. Analysls of net assets between funds (continued) Analysis of net Sets between funds - prior year Ertdowment funds 2024 Unrestricted funds 2024 Total funds 2024 Tangible fixed assets Fixed asset investments Investment property Heritage a55ets Current assets Creditors due wtthin one year 1.043.479 577.335 14,831,047 385.000 215,217 520.655 (112.564) 1.620.814 14,831,047 385.000 1,695,248 520.655 {112,564) 1,480.031 Total 1523.510 16.416.690 18.940,200 22. Reconciliation of net movement in fund$ to net ¢ash flow from operating activities 2025 2024 Net Income for the year (as per Statement of Financial Activities) 970.627 .173,914 Adjustments for: Depreciation charges (Gains) on investments Dividends. interest and rents from invesunents Ilncreaselldecrea5e in debtors Incre2sel{decreasel in creditors 232.720 225,219 (1,247,908) {1.447.449) (360.294) (438,490) (28,602) 4,684 4,356 (16.020) Net cash used in operating activities (429.101) (498.142) 23. Analysis of cash and cash equivalents 2025 2024 Cash at bank and in hand 414,184 498,228 Total cash and cash equivalents 414.184 498.228 Page 29
The Godinton House Preservation Trust Notes to the financial statement5 for the year ended 31 October 2025 24. Anatysis of changes In net debt Atl November 2024 Cash flo* At31 October 2025 Cash at bank and in hand 498,228 <84.044) 414.184 498,228 (84.044) 414.184 25. Pension commitment5 The charity operate5 a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independentty administered fund. The pension charge represents contributions payable by the charity to the fund and amounted to £11867 (2024.. £11,335)- Contributions tot21ling £Nil {2024.. £Nill were payable to the fund at the balance sheet d2te. 26. Connected charity and related party transaction$ The Godinton Charitable Trust {regi5tered charity number 268321) This charity was settled by the late Alan Wyndham Green on 21 March 1974 for general charitable purposes. The Hon l D Leigh-Pemberton and The Hon W G Plumptre were trustees of thi5 chariry during the year. During the year donations totalling £134.000 12024.. £74,000} were received from the Godinton Charitable Trust ènd è management charge of £5.$00 was levied on The Godinton Charitable Trust. Mrs Glna jennings. a trustee, holds a tenanry of the Garden Wing letting apartment Godinton House on normal market terms and was charged rent (a5 advised co the chariry independently) and ch2rge5 for services and urillties during the year amounting to £30,295 {2024= £29,465}- The charity sold timber for £6,000 at full market value to Torry Hill Chestnut Fencing Limited. a company in which The Hon l D Leigh-Pemberton. a ttwstee. is a direttor and shareholder. Page 30