Registered number.. 03006258
Charity number: 1044931
CASTLE HOWARD ARBORETUM TRUST
(A Company Llmited by Guarantee)
ANNUAL REPORT AND FINANCIAL
STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

CAsfLE HOWARD ARBORETUM TRUST
(A Company Limited by Guarantee)
CONTENTS
Page
Reference and Administrative Details of the Charity. its Trustees and Advisers
Trustees, Report
Independent Examiner's Report
Statement of Financial Attivities
Balance Sheet
Statement of Cash Flows
io
Notes to the Financial Statements
11-25

CASTLE HOWARD ARBORETUM TRUST
IA Company Llmited by Guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
Trustees
Mr Greville Worthington. Chair
The Hon. Nicholas Howard
Mr5 Jane Ingham (Ftetired 24104120241
Mrsjulia Willison
Profe550r Nicola Spence
Mr Michael Sturge IRetired 25103120251
Mrs Victoria Howard
Dr Helen Crews
Mr Christopher Bridge (Retir￿ 01106120251
Mr Richard Barley (Retired 25103120251
Mr Alan Suggett (Retired 241041241
Professor lan Graham
Mr John Wood IAppoiDted 24104120241
Company registered number
03006258
Charity re8iStered number
1044931
Reglstered office
The Estate Office, Castle Howard, York. Y060 7DA
Company secretary
Mr Michael Stur8e
Chair
Mr Greville Worthington
Independent examiner
Mr G Baragwanath FCA
C & GB Associates
37-39 Westgate, Thirsk Y07 IQR
Bankers
Cafcash. 25 Kings Hill Avenue, West Malling, Kent. ME19 4JQ
Sollcitors
Crombie Wilkinson, Forsyth House, 3 Market Pl, Malton, Y017 7LP.
Page I

CASTLE HOWARD ARBORETUM TRUST
{A Company Limited by Guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
The Trustees present their report and the financial statements of the charity for the year ended 31 January 2025. The
trustees have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting and Reporting by
Charities" (FR5 1021 in preparing the annual report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts
and comply with the charit¢s governing document, the Charities Act 2011 and Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.
Since the charity qualifies as small under section 383, the strategic report required of medium and large companies under
The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.
Objertlves andActlvitie5
a. Policies and objectives
The Trust was founded in 1997. Its prime purpose is the curation of its extensive botanical collertions for the purpose of
dendrology, botanical science, education and conservation. In 2017 8 Strategic Plan 2018-22 was adopted that sets out the
vision for the Trust's work and activities over a five year period. It states that..
Our mission is to grow the widest possible range of trees for conservation. for education, for people and for inspiration.
The mission is encapsulated in our motto.. Inspiration, Education, Conservation.
Our vision is to be one of the finest collections of temperate trees set in a rich and attractive landscape.
A new Strategic Plan is being developed.
The tree collection in the Yorkshire Arboretum and the garden in Ray Wood is overseen by the Director. In 2023-24 the
collection was maintained by two full time Operations Team employees and a part-time Plant Records Officer.
The Trust maintains an elertronic catalogue of its collection, which is available to search online in conjunction with an
interactive map.
Further information on the Trust can be found at www.
orkshirearboretum.or
Achlevements und performonce
a. Flnancial review
Income for the year totalled £590,28912024 £535,913), after expenditure of £523,45512024'. £515,463) the surplus before
revaluations was £66,83412024: £20,450), after gainslllossesl on investments of £4,07812024: 1£3,81611 there was an
overall surplus for the year of £70,91212024: £16,634I, resulting in total funds carried forward of £1,753,29512024.'
£1,682,383). Unrestricted funds carried forward were £1,738,29512024-. £1,531,200). Restricted funds carried forward
were £15.00012024: £13,750). Endowment fL*nds carried forward were £nil12024: £137,433).
Page 2

CASTLE HOWARD ARBORETUM TRUST
(A Company Limited by Guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
Achievements and performance- contlnued
b. Achievements and performance
In 2024-25 the Trust continued to manage and improve the grounds and collection in both the Yorkshire Arboretum and
Ray Wood and pursued an active programme of education for all a8es. Visitor numbers held steady. and membership
recruitment and retention were good.
The Tree Health Centre has started to thrive, and a wide range of work has been completed working with several partners
across the sector. This has included delivering projects for Biosecurity Pest Risk Analysis. National Biosurveillance Network
and International Plant Sentinel Network. A research project was undertaken to establish the 5Ultability of using virtual
reality to train people in the industry about pests and diseases and tree health. This proved extremely successful, and
funding is being sought to take this project through to development.
Formal training in the Tree Health Centre is delivered to plant health inspectors at the Animal and Plant Health Authority
and a range of informal activities were delivered for visitors concentrating around various citizen science initiatives.
Volunteering effort remained strong, with Ivoluntaryl Volunteer Coordinators being a great assistance. Volunteering
covers all aspects of the Trust's activities, from furniture renovation to administration. but is especially important in the
curatorial side of our work.
School visits have grown to pre-pandemic levels despite our Education Officer being employed for only one day a week.
A restricted donation to help cover the costs of the coach hire for the schools assisted in bringinE schools to the
arboretum from areas who might not have been able to afford to visit previously.
During the year we welcomed a number of professional colleagues to the arboretum. The Fellows of The RHS had a tour
of the arboretum, the EPPO panel visited, and the UK Squirrel Accord held its AGM here. The Director continued to work
one day/week on the International Dendrology Society's Trees and Shrubs Online, making reliable information on woody
plants available worldwide until his departure at the end of September.
A number of art exhibitions were held. Art classes and nature walks were well attended, and garden talks were given in
person and virtually.
Curatorial notes
After a very wet spring, a mild summer and autumn the trees and shrubs in the collection showed steady growth, though
wet ground made some curatorial tasks difficult early in the year. A mixed winter allowed a range of activities to
continue across the arboretum.
To prevent an outbreak of Phytophthora ramorum within the arboretum the larch in Paddock Wood will be felled over
the next 5 years. This was started during the winter. Whilst the felling continues a plan will be created for the new
planting through that area.
Sata pond and the Dew Pond underwent restoration work over the winter to encourage Great Crested Newts and other
species to return to the area. This work will be monitored over the next few years.
c. Plans for future periods
A new Chief Operating Officer was appointed and started in April 2024. This has allowed for a con501idation of various
areas of work and the ongoing development of a future strategy.
Dr John Grimshaw, the Director of the arboretum for the previous 12 years departed in early Autumn and time will now
be taken to explore the role and operating model of the trust 8oin8 forward before an appointment is made.
Page 3

CASTLE HOWARD ARBOREfuM TRUST
(A Company Llmited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
d. Investment policy and performance
The charity's Investment policy has two components..
il funds which may be required for expenditure within the next three years are held in deposit instruments which may be
realised at short notice without capital loss- and
ill funds which are held for the medium to long term in a balanced portfolio of equities and bonds which seeks to achieve
capital growth without undue risk, and also to provide a sustainable income to support the Arboretum's operating costs.
Financial review
a. Golng concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources
to continue in operational existence for the foreseeable future. For this re350n, they continue to adopt the going concern
basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found
in the Accounting Policies.
b. Reserves policy
This has two components:
A minimum balance of unrestricted cash at bank and in hand of £125,000 as at 31 January of each year to
ensure sufficient liquid resources to fund the operational and working capital cycle of the institution for the
subsequent 12 months.
As at 31 January 2025. unrestricted cash at bank and in hand equated to £304,104 {2024.' £67,537).
Unrestricted funds of £175,000, at any given point in time, to ensure sufficient liquid or near liquid assets are
readily available to be utilised (subject to Board consent) to sustain the institution through any notable
operational disruption for an anticipated minimum duration of at least 6 months to allow for appropriate
remedial actions to be executed over this period.
Unrestricted funds will be exclusively defined in this context as the sum total of: unrestricted cash in hand in
excess of £125,000, unrestricted fixed asset investments, creditors due within one year, and 50% of debtors
(excluding any amounts owed by group undertakingsl.
As at 31 January 2025, unrestricted funds (matching the above definition) equated to £211,57512024- £58,755)
Page 4

CASTLE HOWARD ARBORETUM TRUST
(A Company Llmlted by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
Structure* governance 17nd monogement
Constitution
The charity is registered as a charitable company limited by guarantee and was set up by a Memorandtlm of Association
injune 1997
The charity is constituted under a Memorandum of Association dated June 1997 and is a registered charity number
1044931.
The principal object of the charity is the curation of its extensive botanical collections for the purposes of dendrology,
botanical science, education and conservation.
b. Method of appointment or election of Trustees
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the
Articles of Association. Rights of nomination exist for an independent Chair and equal numbers of Trustees as between
Castle Howard Estate Ltd and the Royal Botanic Gardens, Kew. Three Trustees have been appointed by each and six
Trustees are independent of those bodies and have been appointed by the Trustees.
c. Policies adopted for the induction and training of Trustees
New Trustees are given a tour of the Arboretum and meet with staff. They also meet with the Chair of Trustees. They
receive papers such as the business plan, budget and latest annual accounts, together with the charity's Memorandum
and Articles of Association.
d. Public benefit
The Castle Howard Arboretum Trust continues to maintain and extend its nationally important hardy wood reference
collections using primarily wild source material as a complement to the National Collertions at the Royal Botanic Gardens,
Kew and Wakehurst and other collections in the UK. In doing so it also makes these collections available to the public,
and visitor numbers are growing year on year.
We seek to ensure the scientific integrity of the records and to encourage the wider use of the collection for science and
conservation and to develop its educational and information services. The outdoor education programme to extend the
use of the arboretum by schools and to share the experience of such environmental education with a wide range of
other users has been particularly successful.
This report was approved by the Trustees and signed on their behalf by..
L" L L
Mr Greville Worthington
Trustee and Chair
Date:
Pa8e 5

CASTLE HOWARD ARBORETUM TRUST
IA Company Llmited by Guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
Independent Examlner's Report to the Trustees of Castle Howard Arboretum Trust (the 'charity'}
I report to the charity Trustees on my examination of the accounts of the charitable company for the year ended 31 January
2024.
Responsibilities and Basis of Report
As the charity trustees of the company land its directors for the purposes of company lawl you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts
carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my ex2mination I have followed
the Directions given by the Charity Commi55ion under section 1451511bl of the 2011 Art.
Independent Examiner's Statement
Since the charity's gross income exceeded E250,000 your examiner must be a member of a body listed in section 145 of
the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ICAEW, which is one
of the listed bodies.
I have completed my examination. I can confirm that no matters have come to my attention in connection with the
examination givlng me cause to believe..
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records- or
the accounts do not comply with the accounting requirement5 of section 396 of the 2006 Att Other than any
requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent
examination,. or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the account5 to be reached.
Guy Baragwafiath FCA
C&GB Associates
37-39 Westgate
Thirsk
North Yorkshire
Y07 IQR
Date-.
Page 6

CASTLE HOWARD ARBORETUM TRUST
IA Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES {incorporating the Income and expenditure account)
FOR THE YEAR ENDED 31 JANUARY 2025
Unrestrirted
funds
Restricted
funds
2025
Endowment
funds
2025
Total
funds
2025
Total
funds
2024
2025
Note
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Other income
329,371
209,891
18,537
31,243
360,614
209,891
18,537
329,777
194,308
11,828
Total income and endowments
289
535 913
Expenditure on:
Raising funds
Charitable activities
3.363
515 092
3,363
520 092
6,102
509 361
10,7
Total expenditure
518 455
523
55
515 463
Net Income/lexpendlture) before
investment galns/llosse5)
Net 8ains/lllossesl on investments
Net incomel{expenditure before
transfers
40,591
26,243
66,834
20,450
44,669
26.243
70,912
16,634
Transfers between Funds
Net {incomellexpenditure) before
other recogni5ed galns and
losses
18
137
33
207.095
1,250
1137,433)
70,912
16,634
- Net movement In fund5
207,095
1,250
{137,433}
70,912
16,634
Reconciliation of funds:
Total funds brought forward
1531200
137
33
1682 383
1665 749
Total funds carried forward
The notes on pages 10 to 25 form part of these financial statements.
Page 7

CASfLE HOWARD ARBORETUM TRUST
(A Company Llmited by Guarantee)
REGISTERED NUMBER: 03(K16258
BALANCE SHEEr
AS AT 31 JANUARY 2025
2025
2024
Note
Flxed assets
Tangible assets
13
1,338,098
1,332,919
Investments
14
196 079
1,400,823
1,528,998
Current assets
Debtors
15
86,428
144,401
Cash at bank and in hand
405,532
225,688
Creditors: amounts falling due within one year
16
40
24
Net current (Ilabilities)/ assets
Credltors: amounts falling dL*e after more
than one year
17
Net assets
Charity Funds
Endowment funds
18
137,433
Restricted funds
Is
15.000
13,750
Unrestritted funds
18
1738 295
1531200
Totsl funds
Page 8

CASTLE HOWARD ARBORETUM TRUST
IA Company Llmited by Guarantee)
REGISTERED NUMBER: 03006258
BALANCE SHEET
AS AT 31 JANUARY 2025
The charity's financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The Trustees consider that the charity is entitled to exemption from the requirement to have an audit under the provisions
of section 477 of the Companies Act 20061"the Att l and members have not required the charity to obtain an audit for
the year in question in accordance with section 476 of the Act.
The Trustees acknowledge their responsibilitie5 for complying with the requirements of the Companies Act 2006 with
respect to accounting records and the preparation of financial statements.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf, by..
Mr Greville Worthington
(Trustee & Chairl
Date..
The notes on pages 10 to 25 form part of these financial statemer)ts.
Page 9

CAsfLE HOWARD ARBOREfuM TRUST
{A Company Limited by Guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JANUARY 2025
2025
2024
Note
Cash flows from operating actlvlties
Net cash used in operating activities
24
125 824
Cash flows from investing actlvities
Dividends and interest
Purchase of fixed assets
Proceeds from sale of investments
18,537
(43,977)
137
33
11,828
17,6851
150,000
Net cash provlded byl{used Inl investing activities
111993
154 143
Change in Cash and cash equlvalents in the year
237,817
72,638
Cash and cash equivalents brought forward
Cash and cash equlvalents carried forward
25
Page 10

CASTLE HOWARD ARBORETUM TRUST
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 (CONTINUED)
Accounting Pollcles
1.1 Bosis of preparatlon offinanclalstatements
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019,
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (Ffts 1021, the
Charities Act 2011, the Companie5 Act 2006 and UK Generally Accepted Accounting Practice.
Castle Howard Arboretum Trust meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transartion value unless otherwise stated in the relevant
accounting policv.
The financial statements are presented in sterling which is the functional currency of the charity and
rounded to the nearest £.
The company has taken advantage ofthe exemption under sertion 399 of the Companies Act 2006 not to
prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a Small
group. The financi31 statements present information about the company as an individual entity and not
about its group.
1.2 Company statu5
The charity is a company limited by guarantee. The members of the company are the Trustees named on page
l. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per
member of the charity.
1.3 Fund accountlng
General funds are unrestricted fund5 which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or
which have been raised by the charity for particular purpose5. The costs of raising and administering such
funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to
the financial statements.
Endowment funds represent those assets which must be held permanently by the charity. Income arising on
the endowment funds can be used in accordance with the objects of the charity and is included as
unrestricted income. Any capital gains or losses arising on the investments form part of the fund.
Investment management charges and legal advice relating to the fund are charged against the fund.
Investment income, gains and losses are allocated to the appropriate fund.
1.4 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 reliablv.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at
the time of the donation,
Page 11

CASTLE HOWARD ARBORETUM TRUST
(A Company Limited by Guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 (CONTINUED)
A¢countlng Policies- continued
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement and the amount
of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance
costs are allocated to the applicable expenditure headings.
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
Cost5 of generating funds are costs incurred in attracting voluntary income, and those incurred in trading
activities that raise funds.
Charitable activities and Governance costs are costs incurred on the charity's educational operations, including
support costs and costs relating to the governance of the charity apportioned to charitable artivities.
1.6 Tongiblefixed ossets and depreciatiTon
All fixed assets are initially recorded at C05t.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation
is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over
their expected useful lives on the following bases..
Long-term leasehold property
Plant and machinery
Officelworkshop
Tree Health Centre
Red squirrel enclosure
20- 50 years
5 years
50 years
50 years
25 years
Assets under the course of construction are not depreciated.
1.7 Herltoge Assets
An independent Charitable Trust was formed in June 1997 by joint agreement between Castle Howard and
the Royal Botanic Gardens Kew to oversee the curation of the extensive collections of woody plant5 held in
both the Arboretum and in the woodland garden of Ray Wood at Castle Howard which 15 Sltvated within the
Howardian Hills Area of Outstanding Natural Beauty.
The Trust holds a 99-year lease dated 23rd June 1997 with regards to the Arboretum and a licence to
manage Ray Wood.
Trustees consider the plant collection has inestimable value for environmental conservation, scientific
research, education and public enjoyment. To value these assets would not only involve very considerable
expense but conventional valuations would, in certain cases, lack sufficient reliability. Even if reliable
valuations could be obtained, the Trustees consider that the cost would be wholly disproportionate to any
likely benefit to the Trust or to other users of the accounts. Accordingly. the Trust does not recognise
heritage assets on its Balance Sheet and no value is placed on these assets.
Maintenance and curation costs..
These are charged and reported in the accounts undef Charitable Activities by fund type in thè year tliey
are incurred.
Further information is given in the accounts.
Page 12

CASTLE HOWARD ARBORFfuM TRUST
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 (CONTINUED)
Accountlng Policies- continued
1.8 Investments
Fixed asset investments 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 falr value cannot be measured
reliability in which case it is measured at Cost less impairment. Investment gains and losses, whether realised
or unrealised, are combined and shown in the heading 'Gains/llosses) on investments, in the Statement of
Financial Activities.
1.9 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.10 Cash ot Bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a Short maturity of three
months or less from the date of acquisition or opening of the deposit or similar account.
1.11 Liabilities and provision5
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is
probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement
can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to
settle the debt 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 requ ired to settle the obligation. Where the
effect of the time value of money is material, the provision is based on the present value of those amounts,
discounted at the pre-tax discoLJnt rate that reflects the risks specific to the liability- The unwinding of the
discount is recognised within interest payable and similar charges.
1.12 Employee beneAIts
The charity operates a defined contribution pension scheme, and the pension charge represents the amounts
payable by the charity to the fund in respect of the year.
When employees have rendered service to the charity. short-term employee benefits to which the employees
are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
1.13 Critlcol accountlng estimates and oreas ofiudgment
In the application of the charity's accounting policies, the trustees are required to make judgement5,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Page 13

CASTLE HOWARD ARBORETUM TRUST
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 (CONTINUED)
Income from donations and legacies
Unrestrirted
funds
2025
Restrirted
funds
2025
Endowment
funds
2025
Total
funds
2025
Total
funds
2024
Donations
Donation from trading subsidiary
Gift Aid
IDSGrant
Tree Adoptions
Memorials
Squirrel adoptions and donations
Membership
101,211
21,819
68.041
ii,ioo
37,700
34,993
136.204
21.819
64,291
10,800
37,700
140,366
3,527
67,530
12,000
26,525
5,838
4,139
13,750)
6,736
6,736
Total 2024
Charitable activities
Unrestricted
funds
Restrlrted
funds
Endowment
fund5
Total
funds
Total
funds
2025
2025
2025
2025
2024
Arboretum - entrance fees
Education income
Events and other income
Tree Health Ce￿tre Income
144,642
6,965
14,218
44,066
144.642
6,965
14,218
44,066
149,810
6,132
20.375
17,991
Total 2024
Page 14

CASTLE HOWARD ARBORETUM TRUST
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 (CONTINUED)
Investments
Unrestricted
funds
2025
Restricted
funds
2025
Endowment
funds
2025
Total
funds
2025
Total
funds
2024
Investment income Ilisted
investments)
Interest on Loan
Investment income Icashl
9,333
IAoo
7,804
9,333
1,400
7,804
9,601
1,600
627
Total 2024
Other income
Unrestritted
funds
2025
Restricted
funds
2025
Endowment
funds
2025
Total
funds
2025
Total
funds
2024
Miscellaneous income
1,247
1.247
Total 2024
Ralsing funds
Unrestricted
funds
2025
Restricted
funds
2025
Endowment
funds
2025
Total
funds
2025
Total
funds
2024
Donations, fundraising, grants
& membership costs
Total 2024
Page 15

CASTLE HOWARD ARBORETUM TRUST
{A Company Limited by Guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 ICONTINUEDI
Analysis of expenditure on charitable actlvities
Unrestricted
funds
2025
Restricted
funds
2025
Endowment
funds
2025
Total
funds
2025
Total
funds
2024
Arboretum
Ray Wood
Education
Visitor Centre
Red Squirrels
Tree Health Centre
237,652
11,281
13,346
149,191
18,911
237,652
11,281
18,346
149,191
18,911
244,961
9,661
14,253
142,174
10,949
5,000
515,592
1,500
5.000
520,592
1,500
507,810
1,551
Governance Costs
Total 2024
Analysls of Expendlture by expenditure type
Staff costs
Depreciatlon
2025
Other costs
2025
Total
2025
Total
2024
2025
Expenditure on raising
voluntary income
3,363
3,363
6,102
Costs of mising fvnds
Arboretum
Ray Wood
Education
Visitor Centre
Red Squirrels
Tree Health Centre
156,222
7,396
74,034
2,681
6.819
71,934
15,226
17,622
237,652
11,281
18,346
149,191
18,911
85,211
244,961
9,661
14,253
142,174
10,949
85,812
11,527
67,031
10,226
3,685
17,489
50,100
Charituble octlvities
293 480
188 316
520 592
507 810
Expendlture on governance
1,51JO
1,500
1,551
Total 2024
Page 16

CASTLE HOWARD ARBORETUM TRUST
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 {CONTINUED}
Analysis of expendlture by activities
Aclivities
undertaken
dirertly Support costs
2025
2025
Total
2025
Total
2024
Arboretum
Ray Wood
Education
Red Squirrels
Visitor Centre
Tree Health Centre
153,636
84,016
3,737
7,349
3A19
55,789
24,506
237,652
11,281
18,346
18,911
149,191
85,211
244,961
9,661
14,253
10,948
142,174
85,813
10,997
15.492
93A02
60.705
Total 2024
Analysis of support costs
Unrestritted
funds
2025
Total
funds
2025
Total
funds
2024
Wages and salaries
Postage and statioriery
Computer support, equipment and software
Health and safety
72,803
942
12.541
72A03
942
12,541
94￿57
2,993
8,202
Fili
3,400
8.269
12,730
32,810
250
1.604
2,256
28,329
2,882
3,400
8,269
12,730
32,810
250
1.604
2,256
28,329
2,882
3,701
10,042
8.682
11.682
8,536
450
7,182
15,539
17,796)
Bank charges
Insurance
Bookkeeping, payroll and accountancy
Legal and professional fees
Staff training
Travel and expenses
Marketing costs
Other
Page 17

CASTLE HOWARD ARBORETUM TRUST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 {CONTINUED)
io.
Governance costs
Unrestrirted
funds
2025
Restricted
funds
2025
Endowment
funds
2025
Total
funds
2025
Total
funds
2024
Independent examination fee
Trustees, expenses
1,500
1,500
1,450
ioi
Total 2024
ii.
Net incomellexpenditure)
This is stated after charging:
2025
2025
Depreciation of tangible fixed assets..
- owned by the charity
Independent examination
38,796
41.251
During the year, no Trustees received any remuneration12024- £NILI.
During the year, no Trustees received any benefits in kind12024 - £NILI.
During the year, no Trustee received reimbursement of expenses12024-£1011.
Iz.
stsff costs
Staff costs were as follows:
2025
2024
Wages and salaries
Social security costs
Other pension costs
254,959
16,478
10.216
295,583
17,773
12,230
The above costs include £NiS which was included in capital additions in relation to the building of the Red Squirrel
Enclosure12024.' £3.0001.
The average monthly number of employees was as follows:
2025
2024
No.
No.
13
13
No employee received remuneration amounting to more than £60,000 in either year.
Page 18

CASTLE HOWARD ARBORETUM TRUST
IA Company Limited byGuarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 {CONTINUED}
13.
Tangible fixed assets
Long-term
leasehold
property
Plant and
rnathinery Office / Wprkshop
Tree Health
Centre
Red Squirrel
endosure
Total
At l February 2024
Additions
382.550
14.529
221,556
29,448
182,772
874,441
92,129
1,753,448
43.977
At 31 January 2025
397,079
251,004
182,772
874A41
92,129
1,797,425
At l February 2024
Charge for the year
134,140
10,226
212,480
4,006
30,217
3,390
40.007
17rt89
3,685
3.685
420,529
38,796
At 31 January 2025
144,366
216A86
33,607
57.496
7.370
459?25
Net book v171ue
At 31 Jar¢uary 2025
At 31 January 2024
14.
Fixed asset investments
Shares in group
undertakings
Listed securities
Totsl
Murket value
At l February 2024
Proceeds of redemptionlsale in year
Revaluations
196,078
{137,4331
196.079
(137,433)
At 31 January 2025
72
Historical cost
Page 19

CASTLE HOWARD ARBOR￿um TRUST
(A Company Llmited by Guarantee)
NOTESTO THE FINANCIAL5TATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 {CONTINUED)
Subsldlary undertoking5
The following were subsidiary undertakings ofthe company-
Name
Holding
Arboretum Trust Trading Limited
loo%
The aggregate of the share capital and reserves as at 31 Jarkuary 2025 and of the profit or loss for the year ended
on that date for the subsidiary undertakings were as follows..
Aggregate of share
capitsl and reserves
Name
Profitllloss}
Arboretum Trust Trading Limited
li
15.
Debtors
2025
2024
Trade debtors
Amounts owed by group undertakings
Prepayments and accrued income
2,251
65,289
18,888
10,059
44,025
90,317
Amounts owed by 8roup undertakings include É20,00012024.. £30.6631 which is due in more than I year, the terms
of this loan are fully disclosed in note 22 to these Financial Statements.
Page 20

CASTLE HOWARD ARBORETUM TRUST
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 {CONTINUED)
16.
Credltors: Amounts falling duÉ within one year
2025
2024
Trade creditors
HSBC Loan
Other taxation and social security (see below)
Other creditors
Accruals and deferred income
13,675
9,750
13,343
1,695
2,361
11,548
9,512
13,957
7,349
7,713
Other taxation and Social security
2025
2024
PAY£/NI
VAT
5.311
8.032
2,501
11,456
57
17.
Creditors: Amounts falling due after one year
2025
2024
HSBC Loan
12,236
22,224
The HSBC Loan (which is a government guaranteed Business Bounce Back Facility) is repayable over a maximum of S
vears commencing l April 2022, interest is charged on the loan.
Page 21

CASTLE HOWARD ARBORETUM TRUST
IA Company Limlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 (CONTINUED)
18.
Statement of funds
ststement of funds - current year
Balance at I
February 2024
Transfers
Balance at 31
inlout Galnsl (Losses) January 2025
Income
Expenditure
General Funds
Designated Fund - Howard
Fund
1531200
559
518
55
24,993
62
137,433
26
137,433
1738 295
1531200
518 455
Endowmentfunds
Howard Fund
137.433
{137A33)
Restrlctedfvnds
Education visits
13,750
6.250
{5.0001
15.000
Trampers Imobility vehicles)
24,993
124,993)
Total of fund5
Endowment funds
The Howard Fund was capital given to provide income from interest to support the maintenance of the collections. Thi5
has been transferred to General Funds followin8 acceptance by the Charity Commission in the year.
Designated fund
The trustees have designated the transfer of the Howard Fund from Endowment funds to ringfence the funds for future
projerts.
Restrirted funds
Education visits represents monies to support school visits.
Trampers (mobility vehicles) represents grant funding and donations received to allow for the purchase of 3 mobility
scooters to improve access to the arboretum.
Transfers out of restricted into unrestricted funds represents capital appea15 where capital expenditure has been
incurred and there is no ongoing restriction in the underlying use of the assets.
Page 22

CASTLE HOWARD ARBORETUM TRUST
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 (CONTINUED)
18.
Statement of fund5- contlnued
Statement of funds - prior year
Balance at
l February
2023
Transfers
inlloutl
Gains/ Balance at 31
(Losses) January 2024
Income
Expenditure
General Funds
1457 464
517 163
1531200
Endowmentfvnds
Howard Fund
Howick Fund
145,529
5,884
18,0961
137,433
15,8841
096
137 433
Restrictedfvnds
Red Squirrel Project
Education Shelter
36,872
20,000
136,8721
120,0001
Education visits
18,750
15,0001
13,750
Total of funds
Summaryoffunds- current year
Balance at I
February
2024
Transfers
in/lout)
Gainsl Balance at 31
(Losses) January 2025
Income
Expenditure
General funds
Endowment funds
Restricted funds
1.531,200
137,433
13,750
559,046
1522,369)
24,993
4,078
1,531,200
137,433
15,000
31,243
15,0001
{24,9931
Summary of funds- prior year
Balance at
l February
2023
Transfers
in/{out}
Gainsl Balance at 31
(Losses) January 2024
Income
Expenditure
General funds
Endowment funds
Restricted funds
1,457,464
151,413
56,872
517,163
1510,4631
62,756
15,8841
156,8721
4,280
18,0561
1,531,200
137,443
13,750
18,750
15,0001
Page 23

CASTLE HOWARD ARBORETUM TRUST
IA Company Limited byGuarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 (CONTINUEDI
19.
Analysis of net assets between funds
Analysis of net assets between funds- current year
Unrestricted
funds
2025
Restrirted
funds
2025
Endowment
funds
2025
Total
funds
2025
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due after one year
1,338,098
62,725
390,532
{40,824)
{12,2361
1,338.098
62.725
405,532
(40,824)
{12,236}
15,000
Analysls of net assets between funds- prlor year
Unrestrlrted
funds
2024
Restricted Endowment
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due after one year
1,332.919
58.646
211,938
150,079)
{22,224)
1,332,919
196,079
225,688
{50,079)
{22,224)
137,433
13,750
20.
Capitsl cornmitments
At 31 January 2025 the charity had capital commitments as follow5-
2025
2024
Contracted for but not provided in these financial statements
21.
Pension commitments
The charity operates a defined contributions pension scheme. The assets of the scheme are held Separately from
those of the charity in an independently administered fund. The pension cost charge represents contribution5
payable by the charity to the fund and amounted to £10,21612024: £12,220). Contributions totalling £1,69512024:
£7,349) were payable to the fund at the balance sheet date and are included in creditors.
Pa8e 24

CASTLE HOWARD ARBORFfuM TRUST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025 {CONTINUED}
22.
Related party transactions
The charity has a 100% subsidiary The Arboretum Trust Trading Company Limited which gift aids its surplus of
£21,81912024.' £3,5271 to the Trust.
Amounts due from The Arboretum Trust Trading Company Limited of £65,28912024: £44,025), are included
within debtors. The amount includes a loan due from the subsidiary company of £20,000 which is due for
repayment on 30 June 2026. Interest is charged on this loan at 2% per annum above base rate.
During the year, donations made by individual Trustees totalled £12,10012024: £4,723).
23.
Hertta8e assets
The Trust's plant holdings are found on two sites. Yorkshire Arboretum opened to the public for the first time in
1999 as part of the celebration of Castle Howard's tercentenary year although planting of the new Arboretum began
in 1975, instigated bythe shared vision of the late Lord Howard and Dr James Russell. It was James Ru55ell's talented
plantmanship and extraordinary planting design that was brought to bear on the creation of the present Arboretum.
In the 120-acre Arboretum, a native flora of species-rich grassland nestle beneath exotic trees gathered from
around the temperate world, providing a landscape that is unique in both style 2nd substance.
The land at Ray Wood covers 40 acres and contains a collection of rhododendrons, some 500 species and 300
important hybrids along with many other rare shrubs and trees, among them other members of the family
Ericaceae, such as Vaccinium and Gaultheria and considerable collections of genera such as Sorbus, Magnolia, Rose
and Acer. Many of the plants such as Rhododendron Thomsonii, along with other rhododendron5 from the Sino
Himalaya are of historic importance. The collection also includes plants gathered by many great plant collector5,
for example, Hooker, Wilson, Farrer, Purdom, Rock and Kingdon-ward.
An education programme offers a range of activities for school and community groups, families, and all visitor5 in
general.
24.
Reconciliation of net movement in funds to net cash Ilow from
operating activitles
2025
2024
Net incomellexpenditurel for the year las per Statement of
financial activities)
70.912
16,634
Adjustment for:
Depreciation
IGainsl/losses on investments
Dividends and interest
Ilncreasel/decrease in debtors
IDecreasel/increa5e in creditor5 under one year
(Decrease) in creditors over one year
38.796
(4,0781
118.537)
57.972
{9,255)
41,250
3,816
111,828)
1107,7111
115,0761
Net cash Genen>ted/(used) in operating ortivities
25.
Analysis of cash and cash equlvalents
2025
2024
Cash at bank and in hand
Total
Page 25

CASTLE HOWARD ARBOREfuM TRUST
(A Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31 JANUARY 2025 (CONTINUED)
Pa8e 26