Charity No. 1010814 

## **ALLERTON RESEARCH AND EDUCATIONAL TRUST** 

## **STATEMENT OF ACCOUNTS** 

## **31 DECEMBER 2024** 

## **CONTENTS** 

## Page 

1. Accountants' Report 2. Statement of Financial Activities 3. Balance Sheet 

4. - 6. Notes to the Balance Sheet 7. Income and Expenditure Account 8. Research Project Income and Expenditure Account 9. Estate Income and Expenditure Account 

10. Farm Income and Expenditure Account 11. Farm Gross Margins 12. Details of Farm Expenditure 

## **FLETCHER & PARTNERS** 

## **CHARTERED ACCOUNTANTS** 

## **SALISBURY** 



Page 1 

## **REPORT OF THE ACCOUNTANTS TO THE TRUSTEES OF THE GAME AND WILDLIFE CONSERVATION TRUST ON THE ACCOUNTS OF THE ALLERTON RESEARCH AND EDUCATIONAL TRUST** 

We report on the management accounts of the Allerton Research and Educational Trust which are set out on pages 2 to 12, and which have been compiled from the accounting records of the Allerton Research and Educational Trust and from information and explanations which have been supplied to us. 

The Allerton Research and Educational Trust is the subject of a Uniting Direction issued by the Charity Commission on 8 March 2006 whose effect is that the accounts of the Allerton Research and Educational Trust are combined with those of The Game and Wildlife Conservation Trust for reporting purposes. 

We have not been instructed to carry out an audit of the accounts of the Allerton Research and Educational Trust. For this reason, except in the context of our audit of the consolidated accounts of the Game and Wildlife Conservation Trust, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us, and we do not, therefore, express any opinion on these accounts. 

Salisbury 

FLETCHER & PARTNERS Chartered Accountants 



Page 2 

## **ALLERTON RESEARCH AND EDUCATIONAL TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024** 

|Unrestricted<br>Restricted<br>Funds<br>Funds<br>**INCOME AND EXPENDITURE**<br>**Activities in furtherance of the charity's objects**<br>Farm income<br>114,596<br>-<br>Farm subsidies<br>105,016<br>-<br>Lectures and tours<br>174,576<br>-<br>Research contracts and grants<br>446,221<br>153,741<br>840,409<br>153,741<br>**Investment income**<br>Dividends and interest<br>95,789<br>-<br>Estate income<br>380,799<br>-<br>476,588<br>-<br>Other income<br>83,599<br>-<br>Total incoming resources<br>1,400,596<br>153,741<br>**EXPENDITURE**<br>**Activities in furtherance of the charity's objects**<br>Research project<br>603,065<br>142,645<br>Farm direct costs<br>223,616<br>-<br>Farm overheads<br>90,757<br>-<br>917,438<br>142,645<br>**Other Expenditure**<br>Estate expenses<br>168,532<br>-<br>Farm management and admin<br>11,684<br>-<br>Total resources expended<br>1,097,654<br>142,645<br>Net income/(expenditure)<br>before transfers<br>302,942<br>11,096<br>Transfers between funds<br>-<br>-<br>Net income/(expenditure) for the year<br>before investment gains<br>302,942<br>11,096<br>**Gains on investments**<br>Realised<br>-<br>-<br>Unrealised<br>-<br>-<br>302,942<br>11,096<br>Transfers between funds<br>-<br>-<br>**Net movement in funds**<br>302,942<br>11,096<br>Fund balances brought forward<br>612,490<br>142,645<br>**Fund balances carried forward**<br>£915,432<br>£153,741|Endowment<br>Funds<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>10,725<br>-<br>-<br>10,725<br>4,150<br>-<br>14,875<br>(14,875)<br>-<br>(14,875)<br>48,349<br>211,740<br>245,214<br>-<br>245,214<br>4,969,892<br>£5,215,106|Total<br>2024<br>114,596<br>105,016<br>174,576<br>599,962<br>994,150<br>95,789<br>380,799<br>476,588<br>83,599<br>1,554,337<br>756,435<br>223,616<br>90,757<br>1,070,808<br>172,682<br>11,684<br>1,255,174<br>299,163<br>-<br>299,163<br>48,349<br>211,740<br>559,252<br>-<br>559,252<br>5,725,027<br>£6,284,279|Total<br>2023|
|---|---|---|---|
||||194,092<br>98,299<br>85,443<br>615,495|
||||993,329|
||||60,437<br>139,322|
||||199,759|
||||107,781|
||||1,300,869|
||||774,809<br>284,113<br>54,116|
||||1,113,038<br>88,855<br>11,764|
||||1,213,657|
||||87,212<br>-|
||||87,212<br>10,619<br>112,077|
||||209,908<br>-|
||||209,908<br>5,515,119|
||||£5,725,027|





Page 3 

**AS AT 31 DECEMBER 2024** 

## **ALLERTON RESEARCH AND EDUCATIONAL TRUST BALANCE SHEET** 

|**FIXED ASSETS**<br>Tangible assets<br>Note 2<br>Investments<br>Note 3<br>Investment portfolio<br>Other<br>**CURRENT ASSETS**<br>Stock<br>Note 4<br>Debtors<br>Note 5<br>Cash at bank and in hand<br>**CREDITORS: Amounts falling due**<br>**within one year**<br>Note 6<br>NET CURRENT ASSETS<br>TOTAL ASSETS LESS CURRENT LIABILITIES<br>**CREDITORS: Amounts falling due**<br>**after more than one year**<br>Note 7<br>NET ASSETS<br>Representing:<br>**CAPITAL FUNDS**<br>Endowments<br>Note 8<br>**INCOME FUNDS**<br>Restricted funds<br>Unrestricted Funds<br>Legacy Reserve Fund<br>General Fund<br>TOTAL CAPITAL AND RESERVES|2024<br>2,338,874<br>3,837,167<br>500<br>3,837,667<br>6,176,541<br>106,865<br>437,604<br>250,858<br>795,327<br>546,023<br>249,304<br>6,425,845<br>141,566<br>£6,284,279<br>5,215,106<br>153,741<br>506,862<br>408,570<br>915,432<br>£6,284,279|2023|2023|
|---|---|---|---|
||3,837,167<br>500<br>106,865<br>437,604<br>250,858<br>795,327<br>546,023<br>506,862<br>408,570|2,949,656<br>500<br>144,295<br>475,751<br>280,192<br>900,238<br>683,893<br>612,490<br>-|2,720,669<br>2,950,156|
||||5,670,825<br>216,345|
||||5,887,170<br>162,143|
||||£5,725,027|
||||4,969,892<br>142,645<br>612,490|
||||£5,725,027|





Page  4 

**ALLERTON RESEARCH AND EDUCATIONAL TRUST NOTES TO THE ACCOUNTS AS AT 31 DECEMBER 2024** 

## **1. ACCOUNTING POLICIES** 

## **a. Basis of Accounting** 

The Accounts have been prepared under the historical cost convention, modified for the revaluation of investments, and in accordance with the Charities Act 2011 and applicable accounting standards. In preparing the accounts the Trust follows best practice as set out on Charities SORP FRS 102 issued in January 2019. 

## **b. Income** 

Income is accounted for on the receivable basis, provided that it is known with reasonable certainty that an item of income will be received and it can be measured with sufficient reliability. Where relevant, income is stated net of Value Added Tax. Otherwise no expenditure is netted off against income. 

## **c. Expenditure** 

Resources expended are allocated to the appropriate headings on the Statement of Financial Activities. Where employees work on more than one area of the Trust's activities then the relevant costs are apportioned on the basis of the time spent. 

## **d. Tangible Fixed Assets** 

Tangible fixed assets are depreciated on a straight line basis over their estimated useful economic lives using the following annual rates: 

Freehold land Nil Buildings and improvements 1% to 4% Plant and equipment 10% to 33% 

A nil rate is used for freehold land because the Trustees consider that its life is indefinite. 

## **e.** 

## **Investments** 

Investments are carried in the Balance Sheet at market value. Unrealised gains on investments are shown in the Statement of Financial Activities and are credited to the funds in which the respective investments are held. 

## **f. Farm stocks** 

Farm stocks are valued on the following basis: 

Growing crops: At estimated cost. Stock in store: At the lower of cost and net realisable value. Crops in store and sheep: At estimated market value. 

## **g. Liabilities** 

Liabilities are recognised when the Trust has a (legal or constructive) obligation arising as a result of past events. 

## **h. Fund Accounting** 

Funds held by the Trust fall into the following four groups: 

## (i) Unrestricted General Fund 

This consists of funds which can be used, at the discretion of the trustees, in accordance with the charitable objects of the Trust. 

## (ii) Research Fund 

This fund consists of income which has been designated by the Trustees specifically for expenditure on certain research projects. 

## (iii) Restricted Funds 

These are funds which can only be used for particular purposes within the objects of the Trust. Restrictions arise either when they are specified by the donor or when funds are raised for a specific purpose. In most cases the restriction is that the funds have to be spent on a specific research project or group of research projects. 

## (iv) Endowment Funds 

These are capital funds which were created at the inception of the Trust. The income is available for the Trust's general purposes and (as explained in Note 10) some of the capital may also be spent for specific purposes. 

## **h. Pension Costs** 

Contributions in respect of the Trust's defined contribution scheme are charged as expenditure in the period to which they relate. 

## **i. Forestry Costs** 

Planting and similar costs, less grants received, are charged to expenditure in the year in which they are incurred. 



Page 5 

## **ALLERTON RESEARCH AND EDUCATIONAL TRUST NOTES TO THE ACCOUNTS (CONTINUED) AS AT 31 DECEMBER 2024** 

## **2. TANGIBLE FIXED ASSETS** 

|COST<br>At 1 January 2024<br>Additions<br>Disposals<br>At 31 December 2024<br>DEPRECIATION<br>At 1 January 2024<br>Charge for the year<br>Disposals<br>At 31 December 2024<br>NET BOOK VALUE<br>At 31 December 2024<br>At 31 December 2023<br>**3.**<br>**INVESTMENTS**<br>Market  value at 1 January 2024<br>Additions at cost<br>Disposals at opening market value<br>Unrealised losses on revaluation<br>(Decrease) / increase in cash<br>Market value at 31 December 2024<br>Cost at 31 December 2024<br>Cost at 31 December 2023|Freehold Land,<br>Buildings &<br>Improvements<br>3,019,678<br>74,067<br>(400,000)<br>2,693,745<br>657,031<br>36,235<br>-<br>693,266<br>£2,000,479<br>£2,362,647|Research<br>Plant &<br>Equipment<br>274,052<br>37,687<br>(7,500)<br>304,239<br>183,730<br>11,296<br>(7,500)<br>187,526<br>£116,713<br>£90,322<br>Portfolio<br>2,949,656<br>1,834,025<br>(1,161,766)<br>211,740<br>3,512<br>£3,837,167<br>£3,515,864<br>£2,724,745|Farm<br>Plant &<br>Equipment<br>577,131<br>5,353<br>-<br>582,484<br>309,431<br>51,371<br>-<br>360,802<br>£221,682<br>£267,700<br>Other<br>500<br>-<br>-<br>-<br>-<br>£500<br>£500<br>£500|Total|
|---|---|---|---|---|
|||||3,870,861<br>117,107<br>(407,500)|
|||||3,580,468|
|||||1,150,192<br>98,902<br>(7,500)|
|||||1,241,594|
|||||£2,338,874|
|||||£2,720,669|
|||||Total|
|||||2,950,156<br>1,834,025<br>(1,161,766)<br>211,740<br>3,512|
|||||£3,837,667|
|||||£3,516,364|
|||||£2,725,245|





Page 6 

**ALLERTON RESEARCH AND EDUCATIONAL TRUST NOTES TO THE ACCOUNTS (CONTINUED) AS AT 31 DECEMBER 2024** 

## **4. STOCKS** 

|Growing crops<br>Stock in store<br>Crops in store<br>**5.**<br>**DEBTORS**<br>Trade debtors<br>VAT recoverable<br>Other Debtors<br>Loan to Scottish Demonstration Farm<br>**6.**<br>**CREDITORS: Amounts falling due within o**<br>Mortgage<br>Trade creditors<br>Due to Game & Wildlife Conservation Trust<br>Accruals and deferred income<br>**7.**<br>**CREDITORS: Amounts falling due after m**<br>Mortgage<br>**8.**<br>**ENDOWMENTS**<br>As at 1 January 2024<br>Net expenditure<br>Realised gains on investments<br>Unrealised gains on investments<br>As at 31 December 2024|**ne year**<br>**ore than one year**<br>Property<br>Fund<br>2,122,486<br>(4,150)<br>-<br>-<br>£2,118,336|2024<br>41,262<br>26,158<br>39,445<br>£106,865<br>2024<br>207,357<br>8,089<br>222,158<br>-<br>£437,604<br>2024<br>20,666<br>148,226<br>158,238<br>218,893<br>£546,023<br>2024<br>141,566<br>£141,566<br>Endowment<br>Fund<br>2,847,406<br>(10,725)<br>48,349<br>211,740<br>£3,096,770|2023<br>19,774<br>39,186<br>85,335|
|---|---|---|---|
||||£144,295|
||||2023<br>104,703<br>3,476<br>77,572<br>290,000|
||||£475,751|
||||2023<br>16,874<br>173,048<br>385,460<br>108,511|
||||£683,893|
||||2023<br>162,143|
||||£162,143|
||||Total|
||||4,969,892<br>(14,875)<br>48,349<br>211,740|
||||£5,215,106|



## **9. DESIGNATED FUNDS** 

The Legacy Reserve Fund was designated in 2024 out of the charity's share of the sale proceeds of a property received as a legacy. 



Page 7 

## **ALLERTON RESEARCH AND EDUCATIONAL TRUST SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024** 

|**Project (p 8)**<br>Education<br>Research<br>Office and General<br>**Estate (p9)**<br>Estate<br>Grazing<br>Woodland<br>ARET Shoot<br>Non-productive<br>Gosfield Wood sale<br>**Farm (p10)**<br>Farm<br>**TOTAL**||2024|Surplus/<br>(Deficit)<br>232,312<br>(6,339)<br>(28,542)<br>197,431<br>(10,935)<br>2,328<br>1,724<br>25,444<br>80,770<br>213,862<br>313,193<br>(211,461)<br>£299,163||2023|Surplus/<br>(Deficit)<br>67,058<br>66,449<br>(39,160)<br>94,347<br>23,592<br>2,818<br>916<br>(1,086)<br>122,525<br>-<br>148,765<br>(155,900)<br>£87,212|
|---|---|---|---|---|---|---|
||Income<br>553,989<br>204,701<br>195,176<br>953,866<br>45,796<br>2,328<br>916<br>86,683<br>136,291<br>213,862<br>485,875<br>114,596<br>£1,554,338|Expenditure<br>321,677<br>211,040<br>223,718<br>756,436<br>56,731<br>-<br>(808)<br>61,239<br>55,520<br>-<br>172,682<br>326,057<br>£1,255,175||Income<br>447,334<br>272,853<br>148,969<br>869,156<br>43,789<br>3,891<br>916<br>55,817<br>133,208<br>-<br>237,621<br>194,092<br>£1,300,869|Expenditure<br>380,276<br>206,404<br>188,129<br>774,809<br>20,197<br>1,073<br>-<br>56,903<br>10,683<br>-<br>88,856<br>349,992<br>£1,213,657||





Page 8 

## **ALLERTON RESEARCH AND EDUCATIONAL TRUST RESEARCH PROJECT INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024** 

|**INCOME**<br>Lectures and tours<br>Research contracts and grants<br>Donations<br>Sponsorship<br>Hire of community centre<br>Investment income<br>Sundry receipts<br>**EXPENDITURE**<br>EMPLOYEE COSTS<br>Salaries and wages<br>Pensions and life cover<br>Recruitment and training<br>VEHICLES AND TRAVEL COSTS<br>Running costs and repairs<br>Public transport<br>RESEARCH PROJECTS AND FIELD WORK<br>Direct costs of research projects<br>OVERHEAD CHARGES AND MAINTENANCE<br>Repairs and maintenance<br>Light and heat<br>Rates and water<br>ADMINISTRATIVE AND FINANCIAL EXPENSES<br>Books, stationery and computer software<br>Postage, telephone, printing and publications<br>Audit and accountancy<br>Legal and Professional fees<br>Sundries<br>Bank charges and loan interest<br>Recharge to GWCT Trust<br>DEPRECIATION<br>TOTAL EXPENDITURE<br>**NET INCOME TRANSFERRED TO**<br>**INCOME AND EXPENDITURE ACCOUNT**|2024<br>174,576<br>490,382<br>109,580<br>1,000<br>16,503<br>95,729<br>66,096<br>953,866<br>417,177<br>28,090<br>2,571<br>447,838<br>5,453<br>10,833<br>16,286<br>186,332<br>186,332<br>42,306<br>6,168<br>8,906<br>57,380<br>692<br>8,827<br>5,100<br>14,313<br>23,541<br>4,577<br>(38,480)<br>18,570<br>30,029<br>30,029<br>756,435<br>197,431<br>£|2023|2023|
|---|---|---|---|
||174,576<br>490,382<br>109,580<br>1,000<br>16,503<br>95,729<br>66,096<br>417,177<br>28,090<br>2,571<br>5,453<br>10,833<br>186,332<br>42,306<br>6,168<br>8,906<br>692<br>8,827<br>5,100<br>14,313<br>23,541<br>4,577<br>(38,480)<br>30,029|85,443<br>505,915<br>109,580<br>-<br>33,434<br>60,437<br>74,347<br>395,943<br>26,797<br>1,489<br>8,081<br>9,609<br>257,532<br>24,590<br>6,648<br>6,049<br>630<br>8,304<br>5,550<br>35,248<br>11,996<br>4,635<br>(50,000)<br>21,708|869,156|
||||424,229<br>17,690<br>257,532<br>37,287<br>16,363<br>21,708|
||||774,809|
||||94,347<br>£|





Page 9 

**ALLERTON RESEARCH AND EDUCATIONAL TRUST ESTATE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024** 

|Woodland grants<br>Maintenance and management<br>**RENTAL ACCOUNT**<br>Cottage rents<br>Other rent<br>Grazing rent<br>Repairs and maintenance<br>Depreciation<br>Other costs<br>**SHOOT**<br>Shoot income<br>Shoot expenses (including recharged salaries)<br>**OTHER INCOME AND EXPENDITURE**<br>Investment income<br>Single Payment<br>Countryside Stewardship<br>Solar power receipts<br>Sponsorship and other income<br>Staff costs<br>Stewardship costs<br>Depreciation<br>Other costs<br>Non reclaimable VAT<br>Consultancy<br>Legal & Professional<br>Profit on disposal of fixed assets<br>**NET INCOME TRANSFERRED TO**<br>**INCOME AND EXPENDITURE ACCOUNT**|2024<br>916<br>808<br>1,724<br>45,796<br>16,800<br>2,328<br>(46,903)<br>(8,744)<br>(1,084)<br>8,193<br>86,683<br>(61,239)<br>25,444<br>60<br>29,373<br>75,643<br>9,573<br>4,841<br>(34,947)<br>(609)<br>(3,053)<br>(1,501)<br>(7,898)<br>(4,451)<br>(3,061)<br>213,862<br>277,832<br>313,193<br>£|2023|2023|
|---|---|---|---|
||916<br>808<br>45,796<br>16,800<br>2,328<br>(46,903)<br>(8,744)<br>(1,084)<br>86,683<br>(61,239)<br>60<br>29,373<br>75,643<br>9,573<br>4,841<br>(34,947)<br>(609)<br>(3,053)<br>(1,501)<br>(7,898)<br>(4,451)<br>(3,061)<br>213,862|916<br>-<br>43,789<br>16,800<br>2,328<br>(12,961)<br>(8,308)<br>-<br>55,817<br>(56,903)<br>-<br>39,279<br>59,020<br>19,290<br>382<br>-<br>(7,170)<br>(3,513)<br>-<br>-<br>-<br>-<br>-|916<br>41,648<br>(1,086)<br>107,288|
||||£148,766|





Page 10 

## **ALLERTON RESEARCH AND EDUCATIONAL TRUST FARM INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2024** 

|**ARABLE INCOME**<br>Oil seed rape<br>Winter barley<br>Winter wheat<br>Beans<br>Oats<br>**Less: COST OF SALES**<br>Valuation at 1 January 2024<br>Cultivation<br>Less: Valuation at 31 December 2024<br>**GROSS MARGIN**<br>(Page 11)<br>**OTHER INCOME**<br>Sundry income<br>**Less: DIRECT EXPENSES**<br>Valuation at 1 January 2024<br>Labour<br>(Page 12)<br>Other direct costs<br>(Page 12)<br>Less: Valuation at 31 December 2024<br>**Less: OVERHEAD EXPENSES**<br>Overhead costs         (Page 12)<br>Depreciation<br>(Page 12)<br>Profit on disposal<br>(Page 12)<br>**FARM (DEFICIT) FOR THE YEAR**|2024<br>-<br>12,308<br>66,841<br>-<br>32,312<br>111,461<br>111,461<br>142,408<br>64,226<br>206,634<br>(106,157)<br>100,477<br>10,984<br>3,135<br>14,119<br>1,886<br>43,490<br>78,470<br>123,846<br>(707)<br>123,139<br>(109,020)<br>45,485<br>56,956<br>-<br>102,441<br>(211,461)<br>£|2023<br>1,937<br>45,060<br>117,113<br>4,478<br>4<br>168,592<br>168,592<br>212,999<br>75,457<br>288,456<br>(142,408)<br>146,048<br>22,544<br>25,500<br>48,044<br>4,269<br>68,812<br>66,870<br>139,951<br>(1,886)<br>138,065<br>(90,021)<br>35,106<br>50,244<br>(19,470)<br>65,880<br>(155,901)<br>£|
|---|---|---|
||-<br>12,308<br>66,841<br>-<br>32,312<br>142,408<br>64,226<br>206,634<br>(106,157)<br>1,886<br>43,490<br>78,470<br>123,846<br>(707)<br>45,485<br>56,956<br>-|1,937<br>45,060<br>117,113<br>4,478<br>4<br>212,999<br>75,457<br>288,456<br>(142,408)<br>4,269<br>68,812<br>66,870<br>139,951<br>(1,886)<br>35,106<br>50,244<br>(19,470)|





Page 11 

## **ALLERTON RESEARCH AND EDUCATIONAL TRUST FARM GROSS MARGINS FOR THE YEAR ENDED 31 DECEMBER 2024** 

|Opening<br>Valuation<br>**ARABLE**<br>Output<br>Wheat<br>(52,155)<br>Barley<br>(2,730)<br>Rape<br>-<br>Beans<br>(4,950)<br>Oats<br>(25,500)<br>(85,335)<br>Variable Costs<br>Seeds<br>(2,579)<br>Fertiliser<br>(20,397)<br>Sprays<br>(14,323)<br>Selling, haulage<br>-<br>and sundries<br>-<br>Growing crops<br>(19,774)<br>(57,073)<br>ARABLE GROSS MARGIN<br>**TOTAL**<br>(£142,408)|Sales/<br>(Purchases)<br>66,841<br>12,308<br>-<br>-<br>32,312<br>111,461<br>(19,729)<br>(20,718)<br>(20,034)<br>(3,745)<br>-<br>(64,226)<br>£47,235|Closing<br>Valuation<br>26,880<br>3,479<br>-<br>-<br>9,086<br>39,445<br>-<br>13,108<br>12,342<br>-<br>-<br>41,262<br>66,712<br>£106,157|Income/<br>(Expenditure)<br>41,566<br>13,057<br>-<br>(4,950)<br>15,898<br>(22,308)<br>(28,007)<br>(22,015)<br>-<br>(3,745)<br>21,488|2024<br>65,571<br>(54,587)<br>10,984<br>£10,984|2023<br>74,768<br>27,090<br>1,937<br>5,603<br>24,773<br>134,171<br>(18,918)<br>(42,142)<br>(34,768)<br>(6,952)<br>(8,847)<br>(111,627)<br>22,544<br>£22,544|
|---|---|---|---|---|---|





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## **ALLERTON RESEARCH AND EDUCATIONAL TRUST DETAILS OF FARM EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2024** 

|**LABOUR**<br>Salaries and wages<br>Contract staff<br>Pensions and life cover<br>**DIRECT COSTS**<br>Implement repairs<br>Fuel & oil<br>Vehicle tax & insurance<br>Contractors and equipment hire<br>Light and Heat<br>**OVERHEAD COSTS**<br>Countryside stewardship expenditure<br>Rent, rates & water<br>Repairs<br>Insurance<br>Sundries<br>Professional fees<br>Telephone<br>Bank charges<br>Interest payable<br>**DEPRECIATION**<br>Buildings and land improvements<br>Plant & machinery<br>(Profit) on disposal|2024<br>26,101<br>15,158<br>2,231<br>£43,490<br>9,109<br>8,226<br>4,457<br>46,366<br>10,312<br>£78,470<br>650<br>7,790<br>8,266<br>7,149<br>9,946<br>5,212<br>887<br>148<br>5,437<br>£45,485<br>13,415<br>43,541<br>-<br>£56,956|2023<br>64,782<br>-<br>4,030<br>£68,812<br>5,730<br>11,006<br>5,165<br>29,886<br>15,083<br>£66,870<br>3,075<br>4,737<br>3,371<br>5,987<br>6,172<br>5,834<br>519<br>230<br>5,181<br>£35,106<br>12,787<br>37,457<br>(19,470)<br>£30,774|
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