2021-12-31-accounts

REGISTERED COMPANY NUMBER: 03428819 (England and Wales) REGISTERED CHARITY NUMBER: 1065569 THE COPPED HALL TRUST w*w.¢oppodhallltuit.or9.uk REPORTS OF THE TRUSTEES AND THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FOR THE COPPED HALL TRUST

CONTENTS Pagelsl 3-11 Strategic Report Statement of Financial Activities 12 Balance Sheet 13 Cashflow Statement 14 Notes to the Financial Statements 15-26 Trustees, Annual Report Dirertors and Trustees 27-29 30 Reference and Administrative Details 30 Auditorfs Report 31-33 Page 2

COPPED HALL TRUST-STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 OBJEcfivES AND AcnvmES The ob'ects of the Trust are. in summary, to conseNe, restore and maintain Copped Hall, near Epping in Essex, and to use the site for educational. cultural and community purposes. The Copped Hall site was occupied in the 12 century. During the 14 century it belonged to the Abbots of Waltham, was extended from 180 to 300 acres and in 1537 was grven to Henry Vlll in the hope of savingwaftham Abbey lit was dissofved three years later). In the middle of the 16 tentury it changed hands and Elizabeth I gave it to Sir Thomas Heneage who largely rebLtilt rc to form a very impressrve mansion. In 1739 the Estate was sold to Edward Conyers and after his death his son, John, decided to demolish the Elizabethan mansion in 1748 as he wanted to express himseff with a new Palladian mansion on a dtfferent part of the site. Little remains of the Elizabethan mansion although there is much inforniation about it and our archaeologists are constantly findin8 out more. The Georgian mansion ￿ very well proportioned with an excellent prinapal floor plan. Together with its landscaped park it forms a perfect example of an '18th century house in landscape,. There is a150 a mid-18 century 4-acre walled garden producing flowers. fruit and vegetables. In 1869 Copped Hall wa5 acquired by the extremely weaFthy George Wythes. Between 1894 and 1897 his grandson substantially enlarged the Copped Hall with elaborate extensions. An architectural Italianate garden was constructed to the west and the mansion wa5 extended by two wings - one for extra accommodation to the north and to the south a large winter-garden or conservatory. By 191KJ the gardens were looked after by at least 31 gardeners with a staff of 27 in the house. In 1917 the Georgian mansion was tragically burnt out and. although the gardens were maintained until World War11, the mansion wa5 not rebuilt and grndualty fell victim to asset stripping and dilapidation. Later the M25 was constructed throu8h a corner of the park. Despite all this the structure of the shell remained in surprisingty good condition. The Cam A nine-year cam ai was fought from 1986 to 1995 to save Copped Hall and its I,000-acre park from larEe-scale development. This group that fought the campaign was called the 'Friends of Copped Hall, and comprised representatives of local conservation societies. The aims were to secure the freehold of Copped Hall and gardens in a charitable trust and then, after careful research, to restore the mansion and gardens for educational, tultural and community uses. The campaign was a success. Extracts from SAVE Britain's Heritage The Destruction of the Country House- 40 Years On~ -successive commerciol proposals were putforward.... All were fought off by locol compoigners The speciallyfom?ed Copped Hall Trust bought the mansion ond gorden5 This is o model of what voluntory groups con ochiTeve.- Gettl anised The Co d Hall Trust was set up in 1993. purchased the freehold of the mansion and gardens in 1995 and then began to restore the buildings and gardens after carefvl research. The freehold of the walled kitchen garden was acquired in 1999. Page 13

COPPED HALL TRUST-STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 What the TrLtst had acquired was essential￿ a shell inhabited with t￿e5. The service buildings were partly burnt, the lead had been stripped from the roofs. the garden5 were overgrown and many parts of the premises had been vandalised. The first fwe years of the Trusrfs operations conststed of restoringthe se￿iCe buildings and racquets court while clearing the gardens and making the stte secure. In 1998 Trustees Set up the'Friends of the Co Hall Trusy to support the Trust and ts objectives. The Friends now have around 1.3C4J members from whom are drawn volunteers who assist Wbth all aspects of the project. Most of the volunteers are grouped into team5- With a team leader- focusing on dtfferent parts of the project. As interest in the project grew a stillgrowingcommun of volunteers began clearance of non-original vegetation together with the clearance of debris from the mansion. Soon afterthe site had been acquired guided tours were organi5ed and, once floors and roof struttures were reinstated, it became possible to hold study day5 and concerts and later, as the mansion became increasingly usable, events suth as meetings of local organisations. By the time of approving this report the community of volunteers had grown to 137. Volunteers continue to be an essential element of the restoration project. In 2019 the TnEst began to keep records of the hours volunteers devote to the project and an almost certainty understated total for 2021 was 17,93512020- 12,5321. Valued at the hourly living wage this ts the equivalent of around £198,00012020 - £136.0￿1. This is not included in the Trust's accounts. During the pandemic restrictions many volunteers contlnued to work in the mansion's gardens and grounds using their own tools. Having 27 acres they were able to keep more than the recommended 50tial distance from each other. Many have expressed how beneficial thi5 was to their well-being. Grants from organisation5 and donations from individuab began to help to finance the restoration. all of which has been managed by the Trustees under the d1￿ctIOn of the Trust's Architect and Project Manager in consultation with the authorities. The ¥i5ion The vision for Copped Hall is that, through a programme of restoration of the mansion and gardens and of improvement in the lacilities it provides. Tt will become the premier local and first-class national venue for community, cultural and educational use. Conferences will be added to the range of study days, lectures and workshops which alrea(Iy exist such as archaeology, social history. horticultu￿. astronomy. historic buildings and care of historic buildings. These 5ubjerts will be extended to include other related matters such as garden and londscape design and also the conservation of the natural world. The latter is particularly relevant- as the saving of Coppe(l Hall (from vast development proposabl is ￿garded as a sgnificant conservation victory. The Trust will gradually expand the number of concerts and theatric81 productions it hosts and provide for meetings of community groups. As ever, this expansion of activities will draw on the communty of local volunteers. ACHIEVEMENTS AND PERFORMANCE At any one time the Trust has a number of minor and ma or restoration "ects in progress. The purpose of the minor projects, typically of up to £5.(￿ each, is to improve the experience of visitors and make the Hall more useable for the many events taking pla￿ in and around it. Restoration In 2021 the maln focus ofthe pro8ramme of major projects was on- The Stone Staircase The Or￿[nal Georgian Stone staircase gave access to the first and second floors. It wa5 smashed out in the 19505 after the mansion was abandoned. Fortunately. the stub ends of the stone 5tep5 and landings were left embeddeil in the walls. This fact gave us accurate information to enable the 5tairtase to be ￿COnStrUCted in Portland stone. The project has now advanced so that 42 of the steps have been installed with another 17 to go- including a long landing at the top. This project has created a lot of support with all the work to date being funded by private individuals. The ongoing reinstatement of this kev feature of the Georgian mansion sends a clear message that Copped Hall was not only an excellent building but one worthy of full restoration.

COPPED HALL TRUST-STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Causewa Ste s The Causeway is a raised central feature of the previous formal gardens Immediate￿ West of Copped Hall. We wish to encourage OLtr visitors to explo￿ the lowerterrace South of the Causeway Whe￿ volunteeT5 have spent much time restoring various flowerbeds to good effect. To achieve this we have reinststed a flight of stone steps that descended from the centre of the Causeway on the Southern side. This work has been achieved by reusing a number of the original stone steps that we have recovered from many miles away where they had been taken in the 1950s. The Winte rden Ileftl wa5 a very elaborate building faced in Portland stone with three elevations fitted with extensive windows in teak frames. The building was surniounted with a huge domed glazed roof supported on curved iron lattice beams. Around 1960, the Wintergarden was dynamited and the roof was destroyed together with parts of the walls. Considerable work by volunteers has cleared all the debris from the site and reconstruction work has begun. The Wintergarden was an excellent building and well worth ￿SlOrIng in phases. Important sertions of the stonework are now being restored. The Fallen Corner - After Copped Hall was bumt out in 1917 the Wintergarden was kept up but by the 1950 vandalism had taken its toll with much of the glass roof smashed. The building was dynamtted and demolished. Although m05t of the walls survived. the two southern corners We￿ toppled. The remains of the roof strurture and rn05t of the debris was cleared away but one of the corners was left lying on the groLtnd where it fell. We have instigated an ambitious project called 'The Fallen Corner, to rebuild the corner which involves extratting the stone facings and re-ererting them in their original positions together with new stone where necessary. This operation is now well advanced. Page IS

COPPED HALL TRUST-STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 TheLi htwell is a foLtr storey enclosed space, open to the sky, created when the wing was built in 1895. We are in the process of constructing a roof with skylights over this space and of installing a steel staircase to enable access to the ground. first and second floors. The cost of the glazed roof and associated works is approximately £IIX).(KX) and the cost of the staircase 15 about £50.000. A temporary staircase has been constructed to enable possible donors to comprehend the details of this project at roof level. An illustrated fund-raising document has been produced. Funding has been raised. The flat roof that supports the skylights has been completed and the skylights are under manufacture off site. The Orchard House Irightl ￿ the largest glasshouse in the Walled Kitchen Garden. The original bLtilding was very badly decayed and eventually collapsed. Over the last few years the Trust ha5 reconstnjcted the eastern end of this important building accordingto tts original details and now has completed the middle section thanks to a generous legacy. A specialtst heritage glasshouse contractor was appointed to carry out this work. The Orchard House will be used for nurturing young frutt trees and also for related educational purposes. Walled Garden ates The Walled Krtchen Garden ha5two sets of elaborate old wrought iron gates - both in urgent need of restoration. One set fomis a boundary with our neighbour and therefore cannot be opened. The other gate (the south gate) is in regular use and its condition causes great concern. It is essential that this gate is restored and a fund has been started to raise the necessary funds. The gates will have to be taken off-site to be restored in a blacksmfths workshop. A150 one of the britk supporting piers will need underpinning. The cost will be around £40,000. The Trust will m3tch all monies raised. By 31 December 2021 funds for the project had reached £38,868. The A artment Some WO￿ has been advanced in the creation of an Apartment on the second floor of the Win8 initially intended for a Caretaker. Fire and thermal insulation has been frtted beneath the floor throughout. soil pipe has been installed from the basement drain. Plastering of the walls has taken pla and a heatin8 System ￿ being planned. The construction of the Apartment wlll advance in stages as funding allows. Page 16

COPPED HALL TRUST- STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Administration Room A considerable amount of work is taking place to create a room to accommodate the administrative workings of the Trust to include internet connertion, printing facilities. archive storage and retrieval and general office facilities. As the Trust has now become quite large entity. this room is essential in order to maintain professionalism in our departments. The Office Construction has been advancing on the C￿ation of a dedicated office on the second floor of the mansion. This room will be used for Trustee meetings- sometimes intludingtheirguest5. The Office is nearthe Administration Room so that if records are ￿qUired for meeting they can be easily accessed. Much work has been implemented wtth regard to the Office. The floor structure has been frtted with dual purpose insulation against both fire and heat loss. Windows have been fitted and the ￿lling and walls have been plastered. Lighting and power circuits have been installed and internet provision is being organized. Many of the ground and first floor windows have been installed and 20 of the 33 second floor windows have now been fitted. It would be very beneficial to rnstall the remaining windows for two reasons firstly, tt would enable Copped Hall to look much more complete and welcoming and. second, we are now beginning to use the rooms on the second floor. All the windows on the ground and first floor have been frtted with steel external shutters for security ￿8$onS and the mansion looks rather bleak when they are closed. The second floor windows would not need external shutters. The cost to install these second-floor windows would totsl £26,0￿. Education The Trusys educational object continues to be addressed in many diffe￿nt ways- Restoration of the mansion and rdens is in itseff an educational vehicle. Visitors come time and time again to see how the restoration is progressing. It is often commented upon that it is rare to see a historic building being reassembled from a ruin. Some say it is more interesting than visiting a completed h¢storic building. There are normally 11 uided tours for the public each year and also a number of special interest private tours. The Open Days a￿ in May. August and October - with the latter also being an 'Apple Darf where apples from all over England are displayed and identified. These guided tour days and open days give the public a chance to explore the mansion and gardens and ask detailed questions about the restoration and the design of the bullding. The gardens are also opened independently of the mansion.

COPPED HALL TRUST-STRATEGIC REPORTFOR THE YEAR ENDED 31 DECEMBER 2021 Copped Hall - being on htgh ground - is an ancient site of human habr(ation. The Copped Hall Trust has joined with the West Essex Archaeological Group IWEAGI to explore and document the Trust'5 land including the site of the Elizabethan Mansion at Copped Hall. Every year there are series of irbvestigations carried out which are principally educational. The first one is in May when WEAG advance their explorations and make their findings under5tsndable for the public on the Open Day * the end of May. Duringthe summerWEAG hold'TasterWeekends' on the Copped Hall site to introduce members of the public to Archaeolo . WEAG also runs Training Courses for those who already have some knowledge of archaeology. The Trust has created display, storage and archive facilities for the archaeologists. Copped Hall is proving a rich archaeological site with even Roman Jrtefatts being unearthed. On the first floor of the Wictorian wing are four grand rooms which are making it possible to hold more comprehensive exhibitions. Three main exhibr(K)ns have been held to date all illuminating the history of Copped Hall and the restoration work. including detailed displays featuring Old Copt Hall. The School team would nomially host a variety of study days covering Living HTStory, CreatTve Writin& Art. Habitat .M and Plants and Archaeology. These days have been remodelled to ensure we deliver an enrichment day which is tailored to the latest Primary Education requirements as well as refiecting the history, environment and culture of Copped Hall. We are also expanding our provision to cater for the requirements of Secondary schools. We strive to broaden the opportunities we offer to local schools. ensuring that they reflect the curriculum and financial constraints of the schools. Adult Education For many years now we have èrranging Study Days. Workshops and Lectures which have been well attended. Education is the primary aim of the Trust apart from the restoration of the buildings and gardens. All the time we are endeavouring to improve our educational facilities and seek to include conferences on conservation and other related issues. Page 18

COPPED HALL TRUST-STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Culture recreation and ubli commun benefit Copped Hall has become a significant element of the local community, providing an outlet for the considerable energy of its volunteers. a venue for education and culture, an interest for its visitors and a virtualty unique model of community action to conserve. restore and re-acquire heritage assets. Whilst most of its Friends live in the Epping Forest and North-East London a￿3, there is considerable interest elsewhere in the UK and indeed some interest in Ireland. Canada, Australia and the USA. The Trust is recognised by, and works with, authorities and organisations involved or Inte￿$ted in its work Tho Copp•d Hall Trnst Education Corporntlon of L￿d•￿ tlon Lealwshlp EFDC Culture L•a8•h•ld•r8 Community FINANCIAL REVIEW The Trust's principal sources of finance have been- l. The sale of leaseholds 2. Grants from institutions, indNidual donations and legacies 3. Giftaid 4. Events within its primary purpose and 5. A limited amount of trading Copped Hall was purchased by the Trust entirety vsa loans from the Archttecturdl Heritage Fund and a private trust. These were repaid by the sale of six leasehold dwellin8s created within the existing service buildings. The loans were mostly paid off by the year 2000 and since that time the Trust has advanced all aspects of the project by the four other Sources of finance above. At the 31 De￿mber 2021 the investment in the purchase and restoration had reached around £3.61m lkn see note io). not including the very considerable input from the volunteer communty- During 2021 the Trust invested aroLFnd £133.7k in restoration of the mansion and Orchard House, spent around £64.8k on small works and around £46.2k on the maintenance and ￿$to￿tIOn of the gardens- altogether around £244.7k. The Trustees are enorrnously grateful to all grantors. donors, friends and volunteers, past and present. The Trusvs income in 2021 continued to be adversely affected by the Covid pandemic, though not as severely as in 2020. Some public events. study days. concert5 and other perfomiances had to be cancelled or postponed beyond the year end and those which were able to proceed often had to involve smaller numbers so that social distancing could be observed. It is belteved that around £20.(JX) of net income was lost in this way. Page 19

COPPED HALL TRUST-STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Risk and uncertain The Board has established a Risk and Compliance Committee and a Health and Safety Committee, the latter consisting of all Trustees plus I specialist Heatth and SafetyAdvisor. The Risk and Compliance Committee advises the Board on all aspects of Risk apart from Health and Safety- The Trust has developed a Risk Register and uses that to score and monitor risks and ￿e0rd and monitor appropriate actions. The most significant risk5 at the tirne of reporting concern the potential105s of the 5ki115 and knowledge of key individuals, including Trustees, and Health and Safety as the mansion and grounds are restored. The Board has agreed a number of signrficant measures to reduce the probability and impact in particular of fire hazards and has set funds aside to that end. Goin concern The accounts have been prepa￿d on the basis that the Trust is a going concern. The Trustees are Confident that this is the case and have based thisjudgement having set aside fvnds sufficient to meet all approved project costs for 18 months from the time of approving this report. In the last 2 - 3 years the Trust has re￿iVed some particularty generous legacies and these cannot ￿asonablY be expected to recur in the future, at least not at recent levels. They have allowed the Trust to accelerate many projects both before 31 December 2021 and wtthin the following 12- 18 months. At the end of 2021 the Tmst's unrestricted funds not already invested in fixed assets were £726,604 Icf 2020 £513,213). Of those balances £652.266 had been designated by the Board for expenditure on works planned for the following 12 to 18 months. Expenditure from those unrestrirted funds in the first 6 months of 2022 was around £201k, of which around £153k was on projects. The Trust has no debt. It has regular unrestricted income in the forni of membership subscriptions from its Friends and rents totalling around £37k pa. Sufficient to meets tts annualty recurring and unavoidable support costs. Reserves The Trust's Reserves Policy is that- a. It will retain its Expendable Endowment fund as a contingency or precautionary fund. b. Itwill retain unrestricted funds as a transaciional reserve of not less than ICKVA of the estimated value of orders outstanding and chargeable to its reseNes lus 11)YA of other budgeted expend[tU￿ chargeable to its reserves in the following 3 calendar months. Investment oli For the foreseeable future it is not anticipated that the Trust will have suflicient investments to invest primarily for a return, as the majority of bequests and grfts to the Trust it is anticipated will be applied over a short-term period for the ongoing restoration of the Trust property rn accordance with the TrusV5 5-year plan in furtherance of the Trust's charitable object5. The principal focus of the Trusvs current investment policy is therefore capital preservation at an acceptable level of risk. The Trust has Current￿ no permanent endowment though. were it to receive one. then the policy would be amended to consider for that elernent of our investments an appropriate retum strategy but consistent with the overall objectnie of capital preservation. In the context of the overall financial posit￿￿ of the Trust. for the fO￿Seeable future, the investment policy for those investments held in support of the Trust's reseNes policy will also be consistent with that for bequests and donations. though the financial instruments held for this elernent of the overall investments held, is expected to be wider reflecting a lon8er-term view that would be appropriate. The expectation is therefore that forthe short terni. the great majortyof investments will be held in cash or liquid money market funds diversified to ensure capttal preservation but seeking the best return consistent with suth a policy. To achieve these overall objectives the Trust will appoint an investment adviser in respect of the total investments held, and the mandate given to this adviserwill indude wherever applicable to consider environmental. social and governance fattors. Page | 10

COPPED HALL TRusf-5fRATEGIC EIEPORTFOR THEYEAR ENDED 31 DECEMBER 2021 FUTURE PLANS Theco ed Hall Estate Our project occupies some 30 acres in the middle of I,0￿ acres of landscaped parkland and previously working farm. The 1,000 acres comprises numerous ownerships. We regard it as essential that we are on good term5 with all the owners including the City of London who own over 8W acres of the parkland. Regular meetings and correspondence are vital in this regard and this will be developed further in the coming years. As the restoration of Copped Hall and its gardens proceed, it is hoped that the restoration of key features in the Parkland will follow. The mansion and parkland were originally conceived as one inter-related entity and we should like their future can seen as such. A five- ear lan The Trust plans- To create an 'outer ur¢le' of key 5LFPPOrter5 who art a5 ambassadors to the Trust. Members of the Outer Circle would be a pool from which new trustees and team leaders may be drawn. To begin a number of new initiatrve5 to recruit and retain volunteers across all disciplines and create an environment where their volunteeri is fulfs11ing and recognised, while retaining the family atmosphere long a550ciated with the projert. Thi5 would also involve the seekin8 Out honorary part-time positions for roles such as librarian. office manager, curator. etc. To continue to develop procedures and processes that3￿ consistent with the ￿8fiCe and administration of a large and respected charity. This include5 the expansion of the governing body. supporting administrators and team leaders With a blend of skills and experien￿ whilst retsining the principles and identity of the project. To continue to develop our comrnunication methods wrth our supporters as well as providing the means to widen our influence with similar regional organisations, local authoritie5. conservation bodies and the wider community. Approved by theTrusteeson 11 August 2022 (in theircapacity as Company Dirertorsl and signed on their behalf by- Vlctor Hon Secretary Page lil

THE COPPED HALL TRusr IINCORPORAIJNG AN IPICOME AWO EXPENDITURE ACCOUIffj FORIHE PE￿0D IJAI4UARY2021T031 fiECEMBER2021 20Zi Trt•lfwd5 T(￿fi￿d5 IPICOMEANO ENI>OWMEpifs Fft￿l. DOnat￿nS and ￿RatieS Charitable attybitie5 Othertradln£actNftbES Otherincome Totil 369.725 a6￿16 49.Bll 1,670 4572ZZ 129.62a 499.348 3S.OiS 72.216 66L584 20,140 58.1 109 n9.993 ZIAOS EXPENOITURE ori- RaiSin8funds Chantsble ac¢r￿￿e$ Total &198 268,447 176.745 5A24 186.3( 191.73Q 251.4r8 Z56313 16.974 ZOA31 N￿1N(OmE Transfers fvnds lTrterest payab Galnslllos5E51 Dnthe tevoluation offixed asset 1.596 1755131

32￿05 17 7SS13 13081 ii,i(K)I 13.5241 13,5241 (45,2401 14et mo¥ernent infrJn05 176J 3*671 501,9ZJ RtCONauAnON OFFLINOS- TDral funds brought fl￿ward 3.254,799 87503 85.520 3.427.aZ2 191S,899 TOTAL FLINDS CAMED FORWARD 3530913 143.586 81396 3.7S6A95 3.427.812 ThÈ notes fomi ￿rtOfthe finamtial ststements P4e 12

THE COPPED HALL TRUST FIXEDASSEI5- T3￿1￿lea5Sets Investments 1804.308 2.741.585 81.996 81.997 8S.S21 81.996 1886JO$ 18Z7.106 CURREIIT ASSE15. Stoc Debt￿sand acutsedinrome CashatFAnk aryl in h 3￿31 5&556 3.531 57,356 84&715 l294 523.538 130.264 656.IY36 14 163.147 I￿.947 74S,655 169)17 IL996 I795.￿7 CREorroRS. AM￿￿tsfa11ln1d￿t￿￿ L¥￿ve I￿,051} I￿361> 139.4121 155,Xl NEfciiftRE14T ASStT5 143.586 870 6￿.716 TOTALASSE75 iESS CURRÈNT UABiunES 3.5>).913 Bl.996 3.756A95 3.427.822 NEfNssErs 143 3.756A95 1427Jll FUPIDS Unrestrictedfunds RestrrttÈd illfome fund Expendable endowmeni lund 17n8 3,530,913 143.586 81,996 3.254.797 87.505 85.520 TOTALFLINDS 3.427 756A95 ￿12 ThEentityWaSÈntiiled toexÈmptitin frtyn audttunder5ectR)n 471oftheCompaniesxi z(( The membe15 hwe nrtrequired theentitytoobtain an audrfé nl uue5kn ￿a¢CrythI￿e wilh section 476oftheCvrtpan Art 2LJ However. anautht ts¥ewlred In aLuwdwTJith sÈLtth144 gftreChaTth5fj ZOII. prepathtion vf financpalstatÈmen The financial Swements have been Fry>3￿ io # ¥￿￿able to 5ubrt to the smal tompanies reiimp. Alan Cox (*alrm4nandTrustee The N)tÈsfoMI part olthE fi￿rKI015￿tefflen1s Page 13

ThE COPPED HALL TRUST CA5HFLfAYSTATEMEFIT 14el In¢￿QperarIn8￿edtt￿S Ntcathlfowlromop¢rnt ILZ37) 466.182 IlQ7331 JLZ 15118921 11.01 44(211 Mg.?45 15W.567J IiW4 Cashflowfrom kn%stkngactl¥ltlAS EApnditureon freeholdy¢perty Expenditure on othErfixedas5ets 1ncre3selldec￿a5e1I￿ capital creditus l4eta5hfI￿fv•rn in¥e5ting adr￿1￿5 1131751) 1145,3601 IC5731 s￿?0 316$ l¢rterest payaNe Intreasèlldecreaselkn Interettowed 11.1 1.1 ILIty)I Cathar bankand thhand atljan 13Q254 157,433 ¢•shat In harKlcY 81B.7L5 The notes lorni partof thefinancial ststements Page 14

THE COPPED HALL TRusr I. ACCOUNTINGPOUOES asls ot preparini Ihe fThndaIstat￿￿rt5 TF Copped Hall Trtsst meÈts WinthTr of a th tenefft entity undef FR5 101. ASSets arvj are Inlfblty rec4nlsed ai hLstor￿l c05tortransact1￿ value unle55rrtfverwise 5tsted in rE￿￿tIcu￿￿tr[p#￿X￿. Thecopped H41Ttust ts a ¢har[lth￿mpèrtY1mited ty8uarnnteeand isa publK beTrefrt enttyunder FRS 102.The registered o￿lCe is detaid on pa￿ l. The finantial statements hwi been wepared in aC{￿d￿￿e v•ith the Chanties SORP IFR51021 'AccounNn8 and Rewrtinz by Charits-. Statemem off Recommended Piathce to prep3ring th￿r xcount5 in accordance wrth thE Finanoal Rewrtin8 Standard in UK 3Trd Repts￿￿ of Ire￿nd IFR5 1021 leffearye l January Zfj151', tt Fina￿1•1 Reportin8 stsrthrd applioble in the UK and Repubkc ol Irdand IFRS 1021 the The finandal statunents have been $yiTr4 wrKem The xcounts h￿E been prepared w the bBy5 Il>ai theTrust is a c<rtem. TheTruStees are confklent that thi5 15 the case and have based this judgement set de fuTrJs to rneet ￿1 aFvoved p¥vie(t Costs for 18 mDnths from ￿rne of apkYo¥tii8theseatcount Al L% rttWed In Stat•wit of FIna￿ AcU¥5t5 oKe the has entltknent tothÈ fu¢￿$. il is that the income will b2 receW JTrJtheanWrf¢￿ten￿￿dIe￿I. Expen¢fitur Uabilitie5 are￿¢￿￿•Se0 a5 e¥￿nditUreèssoort èstheresa wi (r(M)srrutb¥ÈththW"0ncornm￿r￿the￿artytothateNpETr￿kiUre, rft is wobable that a transter of e￿am￿ benefrts ￿11 be rewed in S&t￿Trent and the amount ofthE Obl￿tIon can be meayattd rellabty. Expenditure isaccowted for on w accrua15 tM95 has ien dassffiwj he3din8sthaia86regaie 311 c05t relaied tothe tegwy. Where Costs c)fv)t bethectty pw￿•r headiw ha¥e been alkncated to aCimt￿ on a bo￿5 consistent wlth u5eof resour￿. The Tru5Vs capttalisatw fvx4KyfroYn i J￿)ry 2021 Ott¥Ards is that exr•Stureil bE caphAnsed * cost or tsir valu4 emcept in the case of li and fvbehw. re8ardless rlitsquanturn, rflt reFYe5erns- conirfbrtton towards1￿ ￿Or•¢￿)no11l5ted bJihSry ￿thaneYpetted ecor4cfflxlileofat ￿3st50¥e¥S1¥Mtsre il expendbture onarchitÈcYs orother PrOfes￿rIal fees relat￿&10 l. akne.or the olan artelact orartefxtsapwcyktetoCcvF& orthe restorikn tocopkd Hallotan artefact, ¥￿tha c05r orvalue in exce550f £l.LWor thea<qui￿rIOn ofan itsmoflurniture. pl￿torequ￿￿￿ertwlth3￿￿O￿y1K ￿ etessof£S.(IXI. Ton￿￿1¢ t￿ed assets Depreciabon ￿ pravthd at the fc•yityrwal rtes il ¢)rder to off cost kn estknaied re55dual valuE Lrf &rych s55et over it5 estkna¢ett usehrf Me. FreEl4)Jprcpertyat 2% réwst rtefact5at fA ofthe red￿on￿bal￿ce P￿rt •h1 madNrwat 25% rlthe redurin8balance DEpre￿at￿l isn(X thètyd hl wh￿h￿￿txP￿rtwe i%kn¢LY￿. In¥e#mrrt5 FwRd a55et i￿stMe￿$ are a fomi ( In#rnmeftt and a￿ 1nrf(A￿ rw5ed * they transactiL￿ 105t 4nd 5ub5e4uEnt measured èt fai value at the tsa￿n￿ sheet thle. un5sibe VJuEl3Tr￿t be measwed relrdtyyin whth rkse Itls measured at cortless Impairfflent. In¥e#ment gatns and ￿ whether rea￿Se¥ or ￿realISe￿ a￿ c(nknned and presented as 'Gain5/lL055251 on In¥estment< Inthe srathm￿ of financial actnrtriE Inve5tments1tsgJbSidi￿IeSare valwdatcust les$p¥ovs￿ siatks stocksartvaluedat thek￿l nettelEat4evah, aftw Th￿￿￿&￿alOWan￿fvr￿b5deteIl￿3kJ￿￿￿r4rteM Debiof5 Trade and other debtrxs a￿ rew•sed at the 5etthment amount aftaT arry tradE thcLWnt Lthred. Prepa￿￿¥￿ are valved èt ¢ amuni p￿Pa￿ net ofanytrndethxountsduE. Sh atbwnkand In haTrJ Cash at bank and in hand include5 cash aryj lithtylk4iMd invesknleThts￿ a SW malurftyof three months or ￿55 tromth2 Crediiof5 abilitiesare reco8nisEdv4hen ttrwesan otrAytNinaithe balancesheeidate asa resuh of a paste¥enL it ￿ prOba￿ethI1 atraNsferof economic benefrtwillte rewwed knsEtts￿a￿d thEamountofthe 5EtIlETr*nt(art￿es1￿￿ted ￿1￿•b￿. The notosfomi partofthe finarKAI striements Page 15

THE COPPED HALL TRUST L AccoupmNG POLIOES l¢oDVdl Taxatlo The tharity 6swblert toC¢waikn Tax• ￿ #s tradi￿ xt1¥•t￿. Upts31 AW 2021 ItWa5 partLIty exemptforVAT purpxes and any Irrec¢yrable VAT was athJEd to the msts to ¥th¢th it rethted. With effert frcffl I SEPtuHb2r 2021 the Twst dtrrwstered fr¢￿ VAT. Fund a(¢Qurytkn¥ Unre5trfttedfundscanteused in xtQrdanceY￿1bIhe￿arrtab￿obJeCt￿￿aithe disuetKinof thetru5t Restdrted Sncame funds can used for pa￿Ul8r￿m￿￿ SXThposes nèrTwth•n the obiertsofthe tharfty. RÈ#ri¢WS arise whEn 5pe¢ifiedbytheO)Thyorwthror¥JheThfvnd5 aren55edforpJrtbJkrre5tr5cted purp05e5. Restrfcled lncunefuThJsaTrJthswèlfth￿aIer￿eaSed1ot￿6eTh￿rn1tLMd loranyraphaleygendttwe netof reco4wableVAT. The notes fo￿ p3rtofthe financlal statements Pa8e 16

THE COPPED HALL TRusr DofiAIIONSAND1E￿ TOta1fur￿S Donafjons Fr￿dS substhpttons 6r3nts 18,775 28575 129.623 148.398 28575 321375 322.375 369.725 129.621 499 The recwded number of hw5 dM4ed by ¥rhJnteer5 to the wc•Ecr ￿ 2021 ¥vas 17.93512020 125321. Valued at the hourly wa8e for Loth th1sWast￿ egwvt ofaffvjnd £198,(ml2020£136.rKKJi. ThL% ts not IKJJded InthÈTrustsac(ounts. 2020 Eyndab Totalfvr Donatknns friends 5ubstrytbn5 Grants Le£aue5 40547 74.127 130 I0,￿Al 1.717 114,674 29.193 ii,wo .727 so5￿0 S7S 2021 lurJ5 Irmfvnds Totalfur￿$ Publicevents Educatlon-tour% lecture4 cour5e5rtc Maintenan￿conU￿utianS 2&923 9,055 38 2&923 9￿s 38 36m6 2020 ExpeThYJble ¢r￿LIv￿ent TotalfurAs Pubnc evaits Education- tours, lecture%tiyxse5etc Maintena￿2(￿trsbUI￿JTrs 13.952 5552 536 13,952 5.652 536 20.010 rrf)Tr5 fomi partof finarKial 5taterwts Page 17

THE COPPED HALL TRusr IPICOME FR￿0￿R ThADIN$A¢wi¥mES zou IrK4bnfuTrds Totslfvr Sales of dortaied items Gift shop 5Jks IfKJClub A￿V￿ltion fund Walled 8arden produce Lettings Rent5 Bar 53Ies RefveshrTrerttsand faolths Raffl J.487 2.705 10,199 IiM6 1705 2A98 2,498 2.498 6.672 &672 19,780 8365 2.647 14,394 9>1 19.780 14J94 433 71216 Y4ltalfurs Salesofdonaied ftems Grft shop sales IOOaub Acquisition fu walled8aftleD prOd￿e Leth Rents Barsales RefreshmentsandfacHttles 741 5.214 5.557 1348 1604 2,604 5.630 24,3 8,209 414 .774 240 5.630 24.3 414 .774 240 4LIO8 16JJ5Z 5&160 OTHER INCOl41É 2021 ftmd Toial In¥ertNnt Incconeandkntere# retevAt4e L670 ZQ2Q rAowmht TDtslfrJTrJ5 109 109 The notes forni part of the finarKkl statements Page 18

THE COPPED HALL TRU & COST OF RAISI146 FU14D5 2021 Eyndable hK¢fi￿nth5 TOtalfv￿ Othertradlniarnitsr charges Audit Legal and prrfeS5￿na1fee5 EqulweDt 8.848 11.430 6,561 3.918 31 8,674 11.430 75 S81 3337 31 8ffi74 28.469 1.2Z6 IA82 76,837 71.02B 78,719 71.028 Depredauo 251.4?3 268J47 n¢)tss frym part oftr fiTharKial mtewts Page 19

THE COPPED HALL TRUST 2010 ExpEndable TotsllurAs Maifvtenan￿ and restorauo Small Worksto Ihe mansK)n Gaiden maiDteFFarKeand re5torJtbJn Orchard house rest¢xabon 12,339 8.699 11964 34.W2 14.824 7,207 18.618 40.649 27,163 15506 31.582 74,651 P￿￿54r￿ oleducatlonal and (thTrle¥ents Schocls Publlc evEnts costs Costs ￿lL¥jr$, lettUr￿ coursesetc L141 2,29D z.zyj 31 Support ¢osts Insurance utilt)es and seNces PrintiA& PQ5taK4 Housekeeplngand sundries Bankand$mitsrchary5 ALklit Legal andprofessknn31 fees Equlprnent 7523 9,772 5J55 2,59J 494 8.140 1(6 7.628 9.772 6.705 3￿71 494 8.140 481 Ifxj 34.881 71.998 36.226 71.998 4L993 196. & IpirEREST PAYAeiE 2021 Intwest onow.w(NeryofVAT NET INCOMVIEXPENOITUREI Net incomellwenthtwel hstatedafterthav￿lCrOlrtIYJ. 2020 Auditoes remuneration Depreco￿n.0wnedas$tts 8.674 71.028 &140 71.998 10. TrU5fEES' REMVWEPAllONAND8ENEFfTS There were notru5tees' rernUner3ts0nLYotherwrfsf￿lheW￿￿j￿￿Ied 31 2021 forthe ended31 Decemtrw 2020 exceptasdisdDsed in r￿¢￿20. I trustee5' expenses were PaHI lor the period ended 31 Oethmber 2021 Iht ￿ded 31 De¢ethtrr 2020 ex¢eKrt o produaion ole￿￿0￿pa￿t￿ tytrustees on WaLfoftheTrusL The rb>tesform partof the finantial 5taterntr P38e 20

THE COPPED HAIL TRUST Frtthdld 11. TA14GI&LE FIXEDASSETS COST At l January 2020 Addftk)n5 ￿ 2010 At 31 oe￿Mber2O2O Additionsin 2021 At31 De{￿berIou 3,332,209 145.3frf) 3.47?569 133.751 209)7 39,062 6.573 45.635 3,392,178 151.933 3.544.111 133.751 77 20.9)7 ZO,907 DEPRECIATION At l JanuarylOZO Char8e ￿ 2020 At 31 Dettynbtr2020 Char8e in 2021 Atjl December 2021 6n.m 69.S50 143.327 69.550 811877 1&829 S20 19.349 31 193WJ 37,922 1,928 39.850 1.447 4L297 730.528 7L998 802,S26 71,028 873.554 NETBOOK VALUE At l January2020 At 31 D￿ember2020 At31 De(efflberZOZI 1658.432 2.734.242 1078 1558 1517 1,140 2.661.650 5.785 2.741.585 4.338 2W4.3L Shares hi Btquestand Ertyjp r￿Ik]nDf •rtakifJy sh•re$ 12. FIXEDASSETINVESYMENIS MAAKETVAWE At l Janvary2021 At 31 t)e￿ber2D21 85.520 81, 81.997 NETeOOK VAWE At 31 December 2020 At 31 Detember2021 85.S20 81.996 85.521 81.997 In 2019 the Tn￿ rece￿¥ a be￿l￿rt L4 14.451 (dwwy ShBre5 ￿ the stsndard Chartered Bant PLC frtym ks former Pre9dent and rru5tEe. Denys Favreand a donat￿of 3.￿Ofthes3fflÈshareslroM hisdav8htet. These shares have been Indthled in the Trusts batsr￿ sht at thwr ￿ue * thE baPdKe sheet daiÉ The value of the shares was £81,W asai 31 DetwnbEr 2021 There We￿ investment assets<￿tside tF UL Tr (tynp￿s1￿￿5trne￿51I the t41Jn￿ sheet date in the share cèptal of youp undertakin8S tomwse loo% of ihe El Ordlnary share capiial dcopped Hall Entwwises Llmited ltsmpw w. 038946151. Copped Hall EnterprisesLimited hasa f￿arOlyearend1ng￿3I (treierntr. At31 D￿M￿r 2021 2.(Xll Copped Hall Enterpises Llmiled re8atewtsl and re5er*s 2010 2.￿1 ljtumber 21 i& STOCKS 2020 3.531 14. DEBTORSANDACOiUEP 114COmE.AM￿PnsFALuI1G tAIE WITHIN ot4E YEAI¢ At31 OKember20ZI Tatsl 2020 Debtors i(K) 54391 82 510,482 3.166 ACcn￿d iTrcomE VAT 55.591 s6￿6 57 6 523,538 The notes fomi p3rtolthefin8ncitil statements Pa8e 21

THE COPPED HALL TRusr IS. CASH AT BAPIKANDIN HAF Included in cash at bank is a balancEofE15m trust Rl re¥ttCrfthELeasth￿dWffl•Thte￿ance1Und. Ana$￿￿ted fiabilityof El5.{￿3 is induded ueditor5. 16. CREDIT￿.AM¢￿￿tsFAluMG OVEWITHINOWEYEAR Totjl 2020 SeThlcesfor kasehDhkn Accounts payable A(c￿ed expehses VAT Interest on vATa￿r-re(tyery 15.06a 5.298 Is,r￿3 15.779 8.450 IU80 5.475 7,580 27,727 Lioo 918 10.481 8.450 120 20J61 a9A12 55.38D Theserricesf0r￿￿sehoIderslkn1tyt•i￿s1sOfserVtrchaV$wThtsJlmthE ￿sehol￿$1￿$￿V￿e5to￿ pthded inthefuture. At31 Pe¢ember 2021 Alljanuary 17. MOVEMENTIN FIJPItyS EXPENDABLE E14DOVIMENTFIJNII Favre famity begue5t and dDnatton 24 RESTRicfEO IficoM£ FUtIDSfor Restoration of bLJilding5 Restorationaryj mainrenance 0183(dens AcqUlsrt￿nOf artefacts Utilitariaa acqui￿tKinS 42.925 16279? P4.n51 88.337 IL625 22.141 19 1632) J9582 23.781 3,6SO 8,236 143.586 l246 12.W41 87,SC6 152m8 120.4341 U14REmicfED FUP405 Desi8n8ted funds General fund 26￿21 3.228,276 7*16 la9.￿ [95247) 1161.372 713.377 637.864 652.261 2 878.646 TofAL BJMDS Z77 S24 9.756A95 The Mtesform partofthe finanoal statements P4e 22

THE COPPED HALL TRusr 17. MOVEMENTIII FUIIOSl¢•nVdl At31 e¢ÈnthÈr 2010 Al lJaThMry EXPEIIDABLE ENDOWMENT FtsND Fa¥￿ famitybeouest and donatio 130.760 4S.240 85.520 RESIRicfED INCOME FUMD5for Rertoration of bu1￿￿1$ RertordtHIAand rnalntenancEofgarde A¢quI￿tk)nafartÈfacts Utllftarian acquisit￿)nS 79344 3.n31 t63￿) 41925 13,313 20,448 L167 6.655 IU14¥J 9.1(6 L952 7.613 4.113 102.117 18.613) 18) 11431 110181 145.5251 IL625 211411 16.5ni 7.750 05 171.5)1 UIIRESVRicfEDFUND5 Dèsignated f￿ndS General fvnd 43ml I6￿755 38.950 598.916 121.SJ61 125.789 134XMI ICfj.394 26521 3.228.2?6 TOTAL FU14DS 19 al At 31 December 2021 the Tntstxcounted fw 38 Re5trirted Re5tsided I￿)d ¢k4natedl funds are a¢<ordl to tts naiure of the woiects fina￿e restrK¢ed fwKts wmmarised at)bt ￿rdIng to trtlr purw5e. The Board de518natesfvryJ5whererestrSctedfundsfc¢ prcietts apwty4ed¢SJ note￿storWheTetheyarE1n5Uffti￿Dt. bl Funds re5rrKted to the rest i￿tif buihlNI s are 3Wtibte to the ￿stor31￿￿ of Ge(xgian and WthTlan part5 of the Copped H￿1 man$on or the Krounds. Funds for the r￿Orat￿ of bL4￿￿￿ are often rest￿ed to re5totaiion Df partiiuLHr components of mansion. ￿jth as staIr¢a￿ lit tkx)rs. htarths ¢y to parts ofihe bulklin8 suth as the wmer8ayden.the ￿ght￿lI ortheorchard H4luW inthe Walled Garden. cl Fu￿5 reStr￿ted ity the to the Garden, includin8 its walL%. the LO￿Garden andthe Standin8 Remaln. There are t¥￿ lunds <esth¢ted to the Ihe Amerw Qtt fur￿, wtuch L% for the acqulmhin of artefacts relating to Copped Hal which been taken to ihe Unrted Stste5, and theAcqultion fund, whKh ts for the acq¢&5111on of DtheT rtefacts reblint to Cow￿d Hau. TheA￿￿￿th￿fvnd ciMrtain5 haKoft￿P[￿ee0$fr¢M theTrust'$ 100 Club lotrery, theother haff t￿a¥a￿ab￿lc{th Pr￿53￿1 inCh￿d￿￿otherpurp0￿. Ifiiar4in orie El Thefundsrestrthd tV￿_￿￿￿è￿[•rWwk51nt•MJed Th)1 to restore Cwd Hall butto make it more secwe. S3fer and a better expertente fu ￿￿oIs. Funds for utuitarian a UL%51￿ are to exper￿rture on eguiprneat for the Èèrdens orthe relreshment5wea. hcld The f￿d rethcted to arises frrth the ol Wyear ￿aSe$ ofapartTh*nts In the andlary bulkllres. Undertheterrn5dlhe kasei theTNst ha5(o￿n￿Medto￿MIe Se￿e% fund2d 5w¥icetharge Payab￿￿thele$£ee5. Arnoredets￿ed aniprnsolrestrhied knd5 ￿ wavthlin note ZL The nDtts ftsrni partofthefin3ntial SV4tefflents Page 23

THE COPPED HALLTRUST I& JJ4ALYSIS OF NET ASSETS 8Y FUNP At31 De￿rnber ZOII rnet EwrEnt Cash réetas5ets EXPENDABLE ENDOWMENTFviiri FavrefathtybeqL*stand donatk 81. 81.996 81,99S 81.9 RESTRICTEOINCOME FUNDSlor- Restoration of buildin85 Gardens Aquisitw)nolartelKts utllitarian 3cqussftKJns SEfvKes fot1eèse1￿WerJ Otherpuwuses 14.54n 88338 19,S56 24,(66 3.350 1s,rffj3 8,236 163.146 {2751 2a,781 3ts50 11S,C631 8,236 143586 I19￿) UNRÉSTRICTEDFUND5 Oesi4nated funds Seneral fund 6￿.527 25.042 1&2611 49.296 652,266 1.878.647 TOTALFUNDS J97 3 756 495 A131 De<emberZ020 rrent Cash Neiassets ÉXPÉNDABLE ENDOWMENfFUND Favre lamitybequestand donatK 855 S5￿20 85520 85520 RESTRicfED IP4¢QME fU14D510r. Restoratioll of bulldin85 Gardens Acqul&tth of artefacts Utiiitsrtan acquIS￿lI￿$ SeNKes forlea5ehddu5 Other purpDses 43573 11.663 21 16¢91 42.924 12,623 22,141 2,L%5 245 1,592 I12,S￿l 473 12.580 7.747 97,932 7,750 87,503 110,4291 VNREsfwcTEPFU14DS De￿8￿ated funds GEnerol fund 23,781 8.S51 2.741 478.140 26522 3,228.277 2,741,585 TOTAL FUND5 711￿05 B5521 130.264 470N52 1427.812 19. CAPWALCOMMITMElll5 2021 2020 ReStOrat￿n of TriliDRS Remoraiion of second Rellorabm ofdre59ng rwm doLY Instsiiatpjn offire Jam)sy#em L364 5.651 L650 TOTAL 20. ftELAIED PARTYoisac6vRES Trustee ￿an Com continues to be errfaged as Arduted as trusrees hig kn(vAW8e arKI pa# rde in the remalrLS crftk31. His Curreht comrart is for rerwal in 2023. Durin8 pe￿d he charged IheTiust at 3 TedLKed rate of E20.33912020 E18.9461. He was o¥¥ed El.530 ot 31 Oecember 2021. H& partner. DIY5 BMJvweU. was atso paid dasses of which she was Ihe tutor thE sum of El.05011020- E1501. 11. COIITINGEt4YUA8IUTY The Tru51 made a volunw (IAr SxLKe in Marth 2021 a Inw￿er$Iarmj1n¥ aFwlicatH)n of Its P•rtkl eKemp¢bn for VAT. The Thxe5 form p3rtof the financial statements Pa￿ 24

ThE COPPED HALL TRusr Atji At31 RtstaAttonofbulldk¥s 1￿Chard H( Orthard HwsePhwtll 41 41 230 wknrer8arLkn 19 16A921 452 rendtri a278 4.451 3.27 1121 Filencorn J C¢yryets dressi￿r¢￿Tr PnrSettasdre55it￿dllc LaCts¥yerf5hearth P3731 (i. L237 813 Stonestairs Secrnd flO￿fi•ll Atriurn liehlwdl 1738 38A63 11.2781 19.4021 (38.0531 14.1291 29,051 24W7 13.613 &1 m￿￿10n mol Ap4rtrn￿l nsK)n￿1ndl￿s 21 121J 16.278 12J711 0￿￿ro¢￿te¥e £rtltanceh¥lwithJLvi yound/M(LMd rODmshtrtter L￿tpor(h 11491 476 2,37S 6,ISO 351 2J75 351 rden5 Wlled car R05E5 ID ioseearden W4led 8atdtr)wAa Aostsln white bjrd W￿led80rd￿8ates LthiiÉard I￿25> 4630 17SO 2SO IL6761 P41 25D S￿5 P51 Yewtreehedys SI￿d￿rem>￿ Ar4￿51160￿ tsl•rtef¥ds A(ty151fiQ AmErif4n Quest 272 S71 2Ln5 423 in rnerntyylFr￿¢s L167 1,167 IU791 WaledBardentM Ca5tersfortatle 14 Iwclub Arth¥dogy Pu￿￿hV)s TOTALRE5TrThD INCOMEFUND5 2,473 122345 2.959 4.110 1.159 143W6 1.231 1751 0,4321 IS2￿8 1755131 8S.$20 135241 173.QZS I￿152] P5,SlJl 225,582 The note5 partofthe finarKial statements Page 25

THE COPPED HALL TRUST Atii At31 Re5toThUonofb￿tdtsv Orchard Tr+ouse Or(hard H(wse Phastll Geoff5 Elasstrthst Wintergardy IhtErxarthstC¥)Ew( Interwdth5afE arte55 WIAter6ard•irend¥ FallEn Con Cmvers dre55in4rrwi CNryer5 hearth Herri@ttasdre$5inKdrrtY DrJwlns ￿￿(10 5t¢Jnesiairs 41 41 IW171 230 Im 12.7701 Il6115 3278 3278 4,4SI [7.4461 L8 11771 IISS61 1087 3.125 13791 IL4EOI 3J75 6J31 uft L(67 &1 61 Ap•rtrnent m￿s1On 21 19Y 1,549 781 17.449 I&L131 Dlnln8foom WEV￿11% Enltance h￿1w￿dLv Entrancehalthuttu ErrttancehalircTr¥tra F￿EpOr(h tthen liihts Lwa Garde W&ledgatdEn Walled£aidenw￿I RDJes in whffei#xtht LLNhtKard•) 14.$411 IL7281 771 228 395 SJ75 6,150 351 351 J5MI 9x1 1S.8441 l750 1,750 l2tsJ YEwIr￿ htdp% Stsndinertinn quisitlon ofartefacts A¢qu￿t￿)nS American C U￿￿tarSan arquN6on5 Garden betKh shwaJher MOwinKreamlmc•A 2n 571 2291 IL72OJ 452 12S11 20.145 1,167 7313 IOOClub Ar(haeo PuNi5hhi¢ L147 4275 71 2A13 4,ID3 4234 17501 14SSZ51 TOTALREThCTEDIPXOMERIIIDS 102,IZ7 0$ 145.240] 8S.SIO 3J53 101127 4S240 Ihe note5 f¢)rm partof the financial strwnents PaRe 26

COPPED HALL TRUST-TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 OBJE￿5 The objects of the Trtjst are. in summary. to conserve. restore and maintain Copped Hall, near Epping in Essex. and to Use the site for educational. cultural and community purwses. STRUCTURE GOVERNANCE AND MANAGEMENT The Trust was originally established as a trust and its governing document was a deed. In 1997 it was incorporated and became a charitable company limited by guarantee. registered with both Companies House and the Charity Commission. The Governing Body of the Trust consists of a minimum of 3 membets and. at thetime of approvingthis report, consists of 6, normally referred to ès the Yrustees.. who meet fornially every six weeks or 50. Whilst the Trust has no staff, it has three officers- the Chairman. the Hon Seuetary and a Finance Manager. Authority is delegated to them through their role descriptions. In January 2021 the Goveming Body established two Committees-the Risk and Compliance Committee and the Planning, Fundraising and Communication5 Committee. It has since established Education and Health & Safety Committees. All Committees have agreed tem)s of reference. In normal circumstan￿$ team leaders meet with Trustees each month in a ConsultatNe Committee to o￿aniSe events and to discuss progress. The Friends of the Copped Hall Trust have a committee which concerns itself wtth the enlargement of Friends, membership, the recruitment of volunteers and the well- being of Friends and particularly volunteers. That committee meets about fNe times a year. The methods used to recrurt and appoint new tnjstees are lal from the considerable body of volunteers. who have relevant skills and have demonstrated their commitment to the project and Ibl where such ski115 are not available within the volunteer community, to seek them from the wider community. New Trustees a￿ required to read selected guidance from the Charity Commi55ion on their role and they receive a copy of the Trust's governing documents and of the latest Annual Report and Accounts. They are briefed on the history. purpose and aim5 of the Trust by the Chair. The Trust s obliged under tts Governing Documents to take account of the reasonable views of the Corporation of London and the Conservators of Epping Forest in the use of Copped Hall. The Chair is a member of the Georgian Group, of the Friends of Epping Forest, Essex Gardens Trust and the Essex Heritage Trust. The Archfrtect applies tothe Epping Forest DistrFct Councilfor listed building consentforthe restoration of the buildings. The structure of the Trust's governance and management is illustrated below- Page 27

COPPED HALL TRUST-TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 STATEMENT OF TRUSTEES. RESPONSIBILMES The trustees (who are also the directors of The Copped Hall Trust for the purposes of company lawl are responsible for preparing the financial statements in accordance with applicable law and United KinBdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicel. Company law requires the trustees to prepare financial statements for each financial year which gNe a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to- select suitable accountin8 policies and then apply them consistently

observe the methods and principles in the Charity SORP- make judgements and estimates that are reasonable and prudent: prepare the financial statements on the going concern basis unless it ￿ inappropriate to presume that the charitable company will continue in business. Page 28

COPPED HALL TRusf-TRLJSTEES' ANNUAL REPORTFOR THE YEAR ENDED 31 DECEMBER 2021 The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charttable company and to enable them to ensure that the financial statements comply w¢th the Companies Att 2(M)6. They are also responsible for safeguarding the assets of the charitable company and hence fortaking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of énfonnatlon to auditors Each of the persons who a￿ Trustee at the time when this Trustees. rew)rt is approved has confirmed that:

so far as that Trustee is awa￿, there is no ￿leVant audit information of which the charity'5 auditors are unaware. and that Trvstee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information. AUDITORS The auditors, Haslers, have indicated their willingness to continue in office. The designated Trustee will propose a motion reappointing the auditors at a meeting of the Tnjstees. Approved by the Trustees on 11 August 2022 and signed on their behalf by: Virt Hons pe etsry Page 29

COPPED HALL TRUST-TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 REFERENCE AND ADMINISTRATIVE DEfAILS PATRONS Jennrfer Tolhurst, Lord Lieutenant of Essex Lucinda Lambton TRUSTEES Amcox V l Knope P McKinder G R Speller LRobertson D Burton DrJWVPenn Chair Hon Secretary Resigned 1410512022 Appointed 1710V2021 COMPANY SECRETARY V l Knope REGI￿ERED OFFICE Copped Hall The Stables Courtyard Epping Essex CM16 5HS REGisfERED COMPANY NUMBER 03428819 IEngland and Wales) REGI￿ERED CHARITh NUMBER 1065569 FINANCE MANAGER G J Nomian AUDrroR Hasler5, Chartered Accountants Old Station Rd, Loughton, IGIO 4PL Page 30

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE COPPED HALL TRUST

Opinion

We have audited the financial statements of The Copped Hall Trust (the 'charitable company') for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• give a true and fair view of the state of the charitable company's affairs as at 31 December 2021 and of its incoming resources and application of resources, including its income and expenditure for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have 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 auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE COPPED HALL TRUST

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

• the information given in the Trustees' Report is inconsistent in any material respect with the financial statements; or

• sufficient accounting records have not been kept; or

• the financial statements are not in agreement with the accounting records and returns; or

• we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors’ responsibilities for the audit of the financial statements

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the legal and regulatory frameworks that are applicable to the entity we have considered those that have a direct and indirect material impact on the financial statements and operations of the charity. These include but are not limited to the Charities Act 2011, Companies Act 2006, GDPR and tax legislation.

We obtained an understanding of how the charity are complying with those legal and regulatory frameworks by making inquiries to the management and trustees. We corroborated our inquiries through our review of documentation generated and assessing the extent of compliance with the relevant laws and regulations.

We discussed among the audit engagement team regarding the opportunities and incentives, including management override of controls, that may exist within the organisation for fraud and how and where fraud might occur in the financial statements.

As a result of performing the above, we identified the greatest potential for material misstatements due to fraud are in the following areas, and our specific procedures performed to address these are described below:

The risk of management override of controls is the area where the financial statements were most susceptible to material misstatement due to fraud. In addition, the key principal risks related to the existence of inappropriate journal entries to impact the surplus for the year and management bias in accounting estimates.

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INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE COPPED HALL TRUST

Procedures performed to address these were as follows:

• Identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud, including known or suspected instances of non-compliance with laws and regulations, and fraud,

• Identifying and assessing the effectiveness of controls management has in place for the allocation of funds to and ensuring the funds are used for the charitable objectives,

• Understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process,

• Challenging assumptions and judgements made by management in its significant accounting estimates; and

• Identifying and testing journal entries, in particular any unusual journal entries posted around the year-end and journal entries posted by infrequent system users.

• Identifying and assessing how management document and discuss fraud, including known or suspected instances of non-compliance with laws and regulations, through a review of board meeting minutes.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an Auditors' 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 charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Haslers

Chartered Accountants Statutory Auditor Old Station Road Loughton Essex IG10 4PL

Date: 12 September 2022

Haslers are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

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