ADVENTURE PLUS
CONSOLIDATED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
Company Regisiraiion Number: 03976979
Charity Number. 1081059

ADVENTURE PLUS
FINANC.IAL STATEMEP4TS
FOR THE YEAR ENDED 31 DECEMBER 21123
CONTENTS
PAGES
Reference and adminisirdlivedetsils
Trustees, rewrt
2 105
Executive Direciols tew)rt
6tolO
Auditovs report
Statement of financial o¢1iviiies and income and ex&￿￿11Vre account
15
Balance sheets
161017
Sialemeni of cash flows
18
Noies io ihe financial 51aiements
191036

ADVEP4TURE PLUS
TRLISTEES, REPORT
FOR THE I'L4RE)DED31 DECEIIBER 2011
TRUSTEES AND DIRECTORS
Mr Brian Foxion (Chair)
Mr Sam Breuning
Mr James Cookson
Mr Andy Field
Mr James Gould
Mr Mark Hellawell
COM PANY SECRETARY
Therese Cox
REGIST ERED OFFIC E
Adventure Plus
Main Sire¢t
Clanfield
Bampton
Oxon
OX182SN
COMPAIYY REGISTRATION NUMBER
03976979 England and Wales
CHARITY REGISTRATION NUMBER
1081059
AUDITORS
Just Audit & Assuran¢¢ Ltd
Registered Auditors
37 Market Square
Witney
Oxfordshire
OX28 6RE
Page 1

ADVENTURE PLUS
TRUSTEES, REPORT
FOR THE I E.4R E)DED JI DECEMBER 201)
The tNstees present their annu￿ rewjrt aThJ the finan¢iai swements f￿1he year ended 31 [k¢em￿r 2023.
l aDd administrative inforniation
Compatiy numl*r:
03976979 {EnglaThJ & Wales)
Charity number:
1081059
Stglus
The organisaiion is a ¢harithblecompany limited by guaraniee. inCoTFK￿￿ed on 19 Awil 20￿ registered as a
charity on 8 June 20(K). It commenced ir&Jingon l January 2(X)2, thking over the OF¢￿10n$ and assets of Fair
Glade Trust {charity number 802659), founded in 1990.
The company was ¢stablished under a Memorandum of A$s￿l￿10n thatesthblished ihe objects and wwers of the
chariiable company and I governed under its Articles of Association. Member5 of the charitable company guarantee
tocontribute an amount noi exceeding £1 io the asseLS orth¢ charl￿ble company in the eveni of winding up.
Obje¢ilves orthe chgrlty
The obj¢¢rives of the charity are..
o To advance ihe Chrisiian Faiih
o To advance the Education of. and provide a fa¢ility and st￿lY Cours￿ for, childm and young ￿lSOn$ in ihe
interests of ￿Cial welfare and in order io improve iheirconditions of life.
Th¢ TnLsiees confirni ihai they have complied with the requirements of section 4 of the Chartiies Act 2011 to have
due regard to the public benefil guidance published by the ChaTity Commission for England and Wajes.
Truslee•Directors
Trusi¢Ls, who are Direciors for the purFx)se of Company Law and Trustees for the pUrF￿ of Charity Law. who
served during the year and up to the date of ihis rewn are set below. Diredors ¢oniinue to implement the 6 year
rixed ierni for Direciors as passed in a Board Res01￿10n dated 15 Feb 2008.
Mr Brian Foxion (Chair):
Mr Richard Bach
Mr Sam Breuning
Mr James Cookson
Mr Andy Field
Mr James Gould..
Mr Mark Hellawell
Mrs Helen Leighton
Secretary:
Registered O￿lee.
Aecountants:
Auditors:
Bxnkers:
Mr5 Therese Cox (Solicitor)
Adventure Plws. Main StreeL Clanfield Oxfordshir¢, OX18 2SN
Numbers Limiled, 32 High Street. Wendover Bucks HP22 6EA
Just A￿j11 & Assurance Ltd, 4 South Bar StreeL Banbury, Oxon OXI 6 9AA
Nationat Wesmiinqer Bank plc. 23 High Streei. Witn¢y. Oxon OX28 6HW
Page 2

ADVENTURE PLUS
TRUSTEES. REPORT
FOR THEI'E.4REIDED31 DECEIIBER IOLI
M*nagement StructUTf
Adventur¢ Plus {A+) is governed by a Board of DirectoT& as (xrtlined aix)ve. The Executive tArector reTX)rts to the
Board. The Ditectors￿ruSteeS are also SUPP)rted by the Company Secrewy wkn CLW)rdinaies Directors, Me¢iings
and the legal aspecis of the CompanyfTrust.
Trusleesl Dlrectors
There were changes io the board as noled aFMTrve.
New trusieesldire¢iots are rttnjited by recommendation by other In￿ee$. musl be over 18 years old, must nol
have been previously disqualified from being a trustee of A+ a￿1 musi subscribe 10 A+'s Statement of Beliefs.
Trustees are appointed at annual general meetings for a full temi or. if otherwise appoinied. will vac￿¢ their
office at the end of the next annual general meeting after being appointed.
Fln*n¢i*l Rejults
The financial results Show 10t￿ annual income in 2023 of £1.058.143 a5 compared with 2022 of £832.564 (an
increase of 27.1 Yol. while expenditure for 2023 of £953.281 as compared with 2022 of £795.654 {an increase of
19.80/0). This rneans ihat there w&8 a surplus of £104.862 in 2023, 85 compared with surplus of £36.910 in
2022.
The income. excluding gifts in kind. has increased for 20?3. Grants and donalions income for the operations
were slightly lower compared ¢0 2022. tknnaiions in relation io the development of the Adventure B&8e were up
following a fantastic response to the appeal for the shower and ablution block. Core Adventure Plus and
Windmill Fami Conference Centre operational income was up for ihe ihird year in a row by 26Yo over 2022.
The Directors thaftk the staff who have worked hard to try to mainiain the feasibility of running th¢ facilities
and providing the beneficial service io our guests and ihe children and young people with whom we engage.
Post Balan¢e Sheet Events
2024 and beyond will continue io provide a challenging environment within which A+ will maintain its
operations. Uncenainties exist with regard to operational income from Charged activities due to pressures on
our user groups with their own c051s during this prolonged period of economic challenges. Wilh careful
management of the subsidiary business. Windmill Farni Conference Centre Ltd IWFCC L). the trustees
consideT thai the ¢harity is able to continue as a going conrern.
In 2023 A+ completed ihe Construction of the shower5 and ablulion b1￿k. This w&s officially opening during
the summer. Its completion put a certain amount of siress onio the funding of the organization. There is need
for continued SUPTM)rt for the charity operationally whilst it works to develop the A+ Base.
Bank
Bank funds have remained in the black through0￿ the year with no Tecourse to overdrdfts or loans.
Cash reserv¢s are saved in the CCLA'S COIF high interest account.
Page 3

ADVENTURE PLUS
TRUStEES' REPORT
FOR THE I'L4R ENI DED 31 DECEIIBER 2023
QuickBooks aceounts paek*ge
The charity uses the Quick book5 accounts package to keep a live record of all in¢om¢ and outgoings and
payroll. It is auioJnatically updaied as required b) law atMI by the business of the charity.
Busine$$ Plan
On the 16 October 2014 Adventure Plus Limiied purchased Windmill Fam Conference Centre (buildings) and
50 acres of land for 1.3million with a firsi instalmeni of £450.0(K>. A+ paid the ihird and final insthlm¢ni of
C425.000 on ihe 16 (kiober 2016. Adveniure Plus also pUrCh￿d Windmill Fami Conference Centre Limited
IWFC CL) for £ l each share (2 shares in total). WFCCL is now a wholly owned subsidiary of Adveniure Plus
and will serve a5 a trading arm with any surplus gift covenanied to the ¢hariiy. WFCC ¢onEinues io provide
accommodaiion and Catering for conferences for adulis. Adveniure Plus ￿$0 acquired use of funher adjaceni
land in 2018 and building a slai¢ of ihe art Adventure Base for young people wiihin ihe toia] 95 acres, a5 funds
are ￿¢¢Ived. Thig has comm¢n¢￿ with a facility for over 100 beds in wo(Mlen cabins and a meetin￿dIning
cabin along with i¢mw)rary ioileiing faciliiies. In 2023 a shower and wash up block will be completed and work
will commence placing overhead power lines under ground in order lo open up the siie for aciiviiy facililies.
Risk Review
The Irusiees b¢li¢ve that risks are well managed within the charitsble compAny. The n*ure of the work carried
out require5 a comprehensive system of risk a55essmenls logether with health and safety p)licies covering the
many differeni aciivi¢ies provided for clienis. We are also regisiered with ihe Adventure Aclivilies Licensing
S¢rvi¢e (AALS) who insp¢ci our risk management policies as pan of the regular licence renewal process.
A+ was inspecied in July 2023 and was given a funher iwo year lice￿e.
ThL trus¢ hys full Employers. and Public Liability Insuranc¢ cover. The Trusiees are noi aware of any financial
risks affeciing the chgrity other than ihose noted in the Post Balance Sheei Events paragraph above. The
Chariiy no borrowing.
Re3trve$ poll¢y
Business reserves of £222.600 are well over the TM)licy set by ihe Board of three months, OFeraiional outgoings,
as recommended by the Charity Commission. This will continue io be monitored ihrough 2024.
Fundraising Actlvilies
Adventure Plus is committed to high standards with regard to fundraisin£ activiiy and has complied with all
laws relating to charities and fundraising. We are clear. honest and open aboui our a¢iiviiies and fund raising
requiremenis. We are respeciful iowards all supporters, and with the work being carried out to meet GDPR
regulaiions has re¢ognised our strong procedures wilh regards to fundraising infornialion security. A+
received no complaints atrM)Ut our fundrdising activities during 2023.
Funds are raised through various Mea￿8. sponsored events. applications to grdnl making trusts and bodie
representatives of companies known to siaff personally, churches which we are inviied to visil, a.DOn￿e,
page on the website. collection pot5 on severnl shop counter5, and annua] ¢ommuni¢aiions (o all existing
supporters. We did not efflploy any professional fundraisers or ￿ commercial participatory nor did we cold
¢all members of the public during 2023. No fundraising aciivities were carried out on the charity's behalf by
external parties during 2023.
Page 4

ADVENTURE PLUS
TRUSTEES. REPORT
FOR THEI'EAREYDEDJI DEcE￿(BER 2023
A+ has not signed up to any voluntary fundraising scheme or standards however as noted aFM)ve all our
fundraising activities are carried out to the highest possible slandards.
Volunteers
We enj()v significantly high qualiiv levels of volunieer SUPTM)rt ￿1th our charitable pro￿lS1o￿. Team members join
our volunteer GAP Programme and over the course of ?021 there were 6 team members. 'fhere were 2 inierns
over the year volunteering in our conservation team and Adveniure Impa¢1 ieam. In our offices we have volunteers
working on admini%(ra¢ional iasks such as processing individuals, Erf)oking5 onto our Total Adveniure I lolidays.
ensuring our stationery stocks are good. DBS checks administraiion, letter writing, reconciliations. A+ a150
enjoyed the support of a volunteer electrician who ha5 been invesiigaiing and improving elements of the sile Is
deemed suiiable. All of our Total Adventure holiday5 engage volunteer leaders. All volunteers are s¢reen¢d and
where necessary are DBS checked. Lasily. throughoui lh¢ year. on events. friends of A+ volunteer their driving.
mu5i¢al, outdoor activities skills ur1dq￿ulif1Cul1(j￿s further enhan¢ing the level of ¢are io ihe v(}￿ng people we
engage with.
Statement of Trustees, Responsiblll¢les
Company law requires the trustees to prepare financial slatements for each financial year which give a triie ond
fair view of the stale ol'affairs of Ihe chariiable company as at the balance sheet date and of lis incomingF rewur¢es
and application of resources, including the income or expenditure. for ihe financial year. In preparingi those
financial statements, the iruslees should follow besi pra¢iice and..
seleci suilabl¢ accounting FX)licies and then apply ihem consistently.
make judgements and estimates that are reasonable and prudeni;
prepare the trustees, report and the financial si&emenis in ac¢ordan¢e with applicable law and
regulations of ihe Uniled Kingdom- and
prepare the financial slalemenis on ihe going concern b&sis unless it is inappropriate to presume
that the charity will continue on ihat basis.
The trustees are reswnsible for keeping proper accouniing r¢¢ords which disclose with reasonable accuracy at any
tini¢ thc finan¢ial position of the charitable companj. and which enable them to ensure that the financial
statements complv with the Companies Acl 1985. They ar¢ ￿50 responsible for safeguarding Ihc assets of the
chariiable Company and hence for taking reasonable slep5 for ihe preweniion and detection of fraud and other
irregularities.
This report has b¢¢n prepared in accordance with the Stsiemeni of R¢¢ommended Practice- Accounting and
Reporting by Charities. and in accordance with the special provisions of Part Vll of the Companies Act 2006
relating to small ¢ompanies.
Approved by the TTUStee5 ￿ 300adtr2024
Signed on its b¢half by
Mr Brian Foxton
Chair
TrusteelDirector
Page 5

ADVENTURE PLUS
EXECUTIVE DIRECTOR'S REPORT
FOR THE YL4R ENDED31 DECEIIBER 2023
Strategic DireetjOD: Adventure Plu¥ (A+) continues to encourdge and inspire
several hundred children atMI young people each year- and l am delighted to
report that we have been able to complete provision of Affordable, Accessible
Accommodaiion ai ihe A+ Adventure Base.
AdventurePIus
More deiails of this unique adveniure youthwork development can be found on
our w¢bsite.
A+ delivers four main approa¢h¢s ioAdv¢niur¢ Yowhwork:
Group Adventures: This is the largest section of A+ activity. delivering
adVen1u￿ activities for schools, youth groups and Duke of Edinburgh {[￿￿>
expeditions. We were able io run 202 ¢v¢nis plus regular weekly school based
activities in 2023. We worked with over 6.295 children and young rwpl¢
Ihrough ihe year and consistently received pK)sitive feedback from children.
parenis and group organisers alike.
We continued io suppon Broadway Academy in Asion, inner-Birniingham.
amongst an exceptionally high proportion of Asian students who might not
oiherwise access these experiences. From 2015- 2020 we had developed their outdoor cducation prograinme. expediiion
training and assessmen¢ for iheir expanding DO￿ operntion and ihrough 2023 our support coniinued ihrough providing
advice. coaching and leadership ai a growing number of ¢venis. as we hav¢ also helped Ihem d¢velop programmes al
Iheir own adventure facility near Worcester.
A+ GAPYe4r: Sion Lewis continues to leaders our GAP Year programme as part ofour Trnining department headed by
Graham Marbhall. Thi5 inve51meni in irainee in5truclors is a key aspecl of our Work. providing conlinuity of conlact and
training for young adulis and others who may wani 10 explore a career break. Al the start of 2023 we had 4 first year
GAP team members, one second year. Matthew Norton completed his Conservalion Internship, in &ssocialion with A
Ro¢ha UK and we were able io offer him a full time role- as our firsi 'Site Ranger.. We were pleased to welcome Rhoda
Robert5 MA. &$ our nexi Conservation and Land Manag¢meni Intern. io support Mallhew in our active conservation on
siie. Wayne Kuisis-solomon ¢ontinue5 to enjoy the Adventure Impaci (SENI Internship. and we have been able to offer
Wayne a pem)aneni position on the Aim Team in 2024 following ihe compleiion of his iniern year.
All of these team members coniribut¢d S1￿1r1canIIY io our 'Adveniure Youthwork,
provision and were in tum boih Challenged and further equipF¢d for iheir 'nexi
chapters,.
Tot#1 Adventure Holid*ys: Once again we hosied our Toial Adveniure Holid
(TA) for individuals. in the summer ai our new Adventure B&se here ai Windmill
Farm. The Easter and summer events provided much needed support and encourage to
over 202 children and youn8 people in 2023. In ihis COron￿70n Year, our theme for
the summer was"A Kingdom ihai Cannoi be Shaken- from Hebrews Chaw¢r 12.
BE SUAIEI
Page 6

ADVENTURE PLUS
EXECUTIVE DIRECTOR'S REPORT
FOR THEI'EAR ENDED31 DECENIBER 2023
'Adventure5 in Worship. was rep¢￿ed for a second year. The coMbin￿lon of
Chrislian music workshops and ouidoor adventures proved once again io ￿ a real
blessing io the young people who attended a5 well as the amazing leaders and
music tutors who volunteered io suprrt)rt the event.
We were delighted io be back in Lauterbrunnen again in February Half temj for our
annual Ski A+ event in th¢ stunning Jungfrau Region of Switzerland.
Adventure Impact (Alm): Kelly Gibson continue5 to coordinate and grow our
spe¢ialisi unli working with young ￿Ople disadvaniaged ihrough poverty.
emotional and b¢haviour dilTiculties or disabililies.
Local chariti¢s reaching out to young people on ihe streeis ¢oniinue to refer young
people to Aim programmes. We are delighted to Continue our longterm relationship
in 2023 for children based ai ihe iwo large Secondary Schools in Witney.. Wood
Green and Henry Box Schools: as well &$ Blake Schty)l. Mulberry Bush (specialist sch(M)I for vulnerable and severely
traumatised primary aged children). Sunrise MCP and another specialist charity Man and Boy.
We are pleased to be continuing to encourage children in the w¢ of Sandwell House, based in Alvescol. as well as
continuing our own Family Aclivily Mornings.
Other referrers io our Aim programmes have included: The Abingdon Bridge. Viva Network. Guideposts and Carterton
Community College.
Feedba¢k from the young people, parents and the referrers ¢ontinu¢5 to be very positive especially when the young
people achieve AQA awards through their lime wtth us.
Adventure Base:
Our varied adventure
programme5 on site includes
mountain bike Tri¢ky Trail,
slacklining and bushcraft in our
COP5e. which were appreciated
by many children and youth
during 2023.
Phase l of thi5 project is the
exciting and pioneering design
of Affordable Accessible
Accommodation in th¢ timb¢r
{winlerised) 'Yurt Village and
Timber Cabins, which enable
young people to stay on si
and benefii from the residential
experience as well as the
adventure activities.
+ AdventurePIus
MASTER PLAN FOI AD"/rNy", JF.- Fh.SE
Seile l-12S0 4t
Page 7

ADVENTURE PLUS
EXECUTIVE DIREcfoR'S REPORT
FOR THE I'EAR ENDED 31 DECEIIBER 1023
In 2023 A+ was able to follow up on provision of the timber IIKlges. self-calering kitchen and dining facilities wilh
¢ompleiion of WashrooTn and Showers specifically designed for use by people in wheel chairs and i&ho may require
hoists. This lasi ¢lemeni marks ihe end of Phase l of the Adventure B¢ye: Affordable A¢¢essible Accommodation for
over 100 children and young wple ¢)n sile. which has been warn)ly ￿e1Ved by many $¢hool$ and yO￿h organisations
who have come to visit.
The Adveniure Base is already significantly increasing the number of young people we reach each year.
A+ Hospitality- A+'s purchase of Windmill Farni
land. buildings and business continues io funher ihe
aims and objectives of the ¢hariiy. This includes the
nei￿boUr1￿g 5-Bedroom Lower Farm, which offers
siand-alone accommodaiion for families or small
groups on reir¢at.
A+ H05Pltality can accommodate adult groups
(Training. Charity. Church, Community, Families &
Corpordtel. A+ is able io provide aciiviiies for these
groups a5 required. This h&$ proved popular with
Vislling ieams wanting a break from meetings, and to
enjoy some friendly compeiiiion on ihe ar¢hery range, and team challenges for corpornie managemeni training. Any
surplus al the end of ihe operaiing year goes directly to support the charithble work of A+.
Adult deleg?ates and families staying at Windmill Fami also b¢com¢ aware of the opportunilies available 81 A+ raising
Ihe prolile of our work wilh a larger con51iluency and increasing ihe markei for both sides ofihe operation.
Fundraislng: Jon Cox ¢oniinues to spearhead our fund-raising and markeiing focus, and was wonderfully supported
by Ruth Biddulph along with a committed voluntary fund raising ieam. who share roles including.. researching
poieniial donors and trusls. and writing applications and thank you letters.
After successfully raising £1,500,000 in ihree years to purchase the land and accomMod￿10n fund-raising efforts at the
slan of 2023 f￿U9$¢d on Completing the residential elem¢nis of our Affordable. Ac¢essible A¢¢ommoda(ion - namcly
the Shower and WC block. with excellent 'changing places supwned Wcs and Shower rooms. The funds required for
these specialist facililies were donated by a local family whose 2 daughters had enjoyed adventures with A+ growing
up and wanied ensure A+ was equipped io offer ihe full resideniial experience for visitors with sever addiiional needs.
like their son Steven. who sadly had died the previous year. Their generous gift. in memory of Steven enabled the
equipping of 2 'Changing places WC Shower r(K>ms, complete with hoists (and roof tracking in one of the rooms).
Over the ¢ourse of the year we also received generous donaiions iowards our specialist AdVen1u￿ Impaci ieam, the
weekly Adventure Club for local young people, repla¢emeni staff unifom)s. W&8hr(h)ms. conservaiion and maintenance
tools. adventure activity equipmeni. staff salaries and general funds for the Adventure Base and funds towards helping
pr¢par¢ the siie for ihe creation of a new adventure lake.
Page 8

ADVENTURE PLUS
EXECUTIVE DIRECTOR'S REPORT
FOR THEI'EAR ENDED31 DECEIIBER 202J
Marketing". A+ continues lo develop its 'markding presence. wilh Sara Martin. A+ social media presence continues to
grow alongside the usual advertising of the many veniur¢s for the year and our annual newsletter and Christmas
Appeal helps keep our supporter base up io date on key developments al A+
Our profound thanks go to the following trusts. companies, organisations and churches for iheir generous support of
Adventure Plt£s which has benefitted our work in 2023-.
Ch*rltgble Trw$ts and COMM￿￿5
Bartlett Taylor Chariiable Trusi
Dynamis Adventures
East End Farnily Trust
Hobden Foundation
Jim Cousins Trust
Keith Rae Trust
Lan
Charitable TDJSI
*nisatlODS
Laing Chariiable Tnjst
Pye Charitable Settlement
P&P Tnjsi
The Ammco Trust
The Kingsgrove Trust
The Penuel Trusi
Churches
All Sainis Church. Worcester
All Souls Langham Place
Bi5hop5 Stortford Vineyard Church
Christchurch Camden
High Sireei Meihodist Church. Witney
Si Leonard's Church. Eynsham
Si Mary's Chur¢h. Cogges
Si Mary's Church Cholsey
Oxford Diocesan Outreach Fund
Com
Anies
Amazon UK
Blue Boar Pub
Beneficial Group {E¢clesiasiiC￿}
Hobden Group
Windmill Farm Conference Cenire Lid
Fln*n¢e: Ai the end of 2023 it is good lo see Ihat so much hard work from acr05S the team in a number of are&s h&5
paid off in so many ways.
We said goodbye to Will Graves in AugLSSt to be replaced by Tim de Borde of Numbers Lid who manage our finan¢es
with the &851Stance of Hannah Bailey, our Bi>okkeeper (pli) and volunieer Jen Osman. The ieam also keep up lo dale
with so many 'ihank yous, from our generous donors and grant maktng I￿les. My sincere thank5 to all of them for
continuing to manage a well organised finance operation.
Page 9

ADVENTURE PLUS
EXECUTIVE DIRECTOR'S REPORT
FOR THE YEAR ETriDED311)ECEIIBER 2011
Youthwork ID ibe local comjnunit).: during ihe auiumn and spring
tertn A* hosts a weekly Adventure Club for children aged 8 and over.
Adveniures chang¢ every few weeks so ihe young people gei io have
go ai many of our activities. and it is a great way to keep in touch with
children who'came on camp, in the surnmer.
We also coniinued rhe A+ Canoe Club in the summer (BSTI and offered a Climbing Club during ihe darker months.
Dlreetors
A+ benefiis from the combined expertise and sUp￿rt of a SUFerb ieam of Directors through the year..
Mr Brian Foxton (Chair): Group Engineer- Street Management Team, London Borough Hackney Highways.
Regular Adventure P114s Volunteer and Archery Leader
Partner at Heligan Group {stepped down in December 2023)
Accord Inveslmeni Partners (Appoinied Oct 20?3)
Ridge and Partners - Surveyor (Apwinted O¢12023)
Appoinied Oci 2023
A¢ademic Lawyer- University of Plymouth
Director and founder of Rokwell Partners Lid
Former Intemaiional Mark¢iin¥ Dir¢cior (si¢pped down in July 2023)
Mr Richard Bach:
Mr S￿n Breuning
Mr Jame5 Cookson
Mr Andy Field
Mr James Gould..
Mr Mark Hellawell
Mrs Helen Leighion:
l join all ihe team at A+ in thanking our Dire¢ioTS for Iheir sUp￿rt in so many ways throughout 2023.
We are so graieful for the support, encouragemeni and endors¢m¢ni of our Pairons:
Jeremy Vine
Reverend Canon David Winter
Jo Gambi
The Most Reverend Dr Ben Kwashi (J)N of Jos. N. Nigeria
The Right Reverend Dr Steven Croft of Oxford
And finally.. l ¢on¢luded l&si year wilh a quo1¢ from one of the firsi groups io use our new facilities. These word5
from another youth leader whose group came to stay ihis year capture perfecily whai we have been striving io provide:
'The weeA'end bvuj ju.i¢ ihe be&1 iliinx. You %ui'& huiy nuil¢il ill
Our J'(•uih uJked if w¥ cvmld c'vme buck dgdin- Ihij weekenill*l
Jonaihan Cox
Executive Dirfftor
30 (ktobeT 2024
Page 10

ADVENTURE PLUS
INDEPENDENT AUDITORS. REPORT TO THE TRu￿EE5 OF ADVENTURE PLUS
FOR THE I'EAR Ef*DED 31 DECEIIBFR 20LI
OpinioD
We have audiied the ¢onsolidaied financial ￿￿eMents of Adventur¢ Plus for the year ended 31 December 2023. which
comprise the Group Statement of Financial Activities. Charity and Group Balance Sheeis, Chairty and Group Cash Flow
Statements and the related notes, including a summary of significani accouniing polictes. The financial reporting
framework thai has been applied in their preparation is United Kingdom Accounting Standards. comprising Charities
SORP- FRS102 'The Financial ReTM)rting Standard applicable in the UK and Republic of Ireland, and applicable law
(United Kingdom Generdlly Accepted Aceouniing Praciice}.
In our opinion the financial statement5'.
give a true and fair view of the stste of the group'5 and the parent charity's affairs &q at 31 December 2023 and
of the group's incoming resources and application of resour￿$, including its income and expenditure. for ihe
year then ended.
have been properly prepared in accordance with Uniied Kingdom Generally Accepted Accounting Practice;
and
have been prepared in accordance with the requiremenls of the Charities Act 2011.
Bgsls for Oplnion
We conducted our audit in accordance with International Standard5 on Auditing (UK) (ISAS (UK)) and applicable law.
Our Tespon5ibilities under those siandards are furfher described in ihe Auditor's responsibilities for the audit of the
financial siatements section of our repon. We are independent of the charity in accordance with the ethical requirements
that are relevant io our audit of th¢ financial slatements in the UK. including the FRC'5 Ethical Standard as applied to
public interest entitie5. and we have fulfilled our other ethical responsibilities in accordance with Ihese requiremenis. We
believe thai the audii evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusionj rel*tln% to %oin8 ¢on¢t
In auditing the financial sialcmenls. we have concluded that the irustee5 use ofthe going concern basis of accounling in
the preparation of th¢ finan¢ial statements is appropriale.
Based on the work we have perforni¢d. w¢ have not identified any malerial uncertainties relating to events or conditions
that. individually or collectively, may cast significant doubt on the charity's ability io continue as a going Concern for a
period of at leasi iwelve months from when ihe original finan¢ial slat¢ments wer¢ authoris¢d for issue.
Our responsibilities and the responsibilities of trwslees with respect to going concern are described in the relevant
sections of this retM)rt.
Page11

ADVENTURE PLUS
INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF ADVENTURE PLUS
FOR THE I'EAR ENDED31 DECE.IIBER 202J
Other Information
The trustees are responsible for the oth¢r infom)aiion. The oiher infomjaiion comprises ihe infomiaiion inclLHled in the
trustees, report, oiher than ihe financial stalements and our auditor's report thereon. Our opinion on the financial
slatemenis d(*s noi cover the other information and, excepi to the extent otherwise explicitly slated in our r¢pon. w¢ do
not express any fomi of ￿suranCe Conclusion ihereon.
In connection with our audit of the financial sthiements. our reswnsibility is io read the other inforniation and, in doing
so, consider whether the other inforniation is m&erially inconsiM¢ni with the financial stai¢meni$ or our knowledge
obtained in the audit or othenvise appears io be malerially misstated. If we identify such material inconsistencies or
apparent material missiaiemenis. we are required io deiemine wheiher there is a M￿erIal misstatement in the financial
siaiemenis or a material misstatement of the other inforniation. If. b￿d on the work we have perforni¢d. we ¢on¢lude
Ihai there is a maierial missiatemeni of this other informaiiorL we are required to report th￿ fact.
W¢ hav¢ noihin8 io repon in ihis regard.
Mattery on whieb we Are required lo rewrt by eA¢eptio
In the ligh¢ of our knowledge and understanding of the charity 8nd its environmenl obtained in the course of the audii,
we have not identified material misstsiements in ihe Trusiees. Report.
We have nothing to report in respeci of ihe followin8 m￿le1$ where the Charities (Accounts and Rewrt) Regulations
2008 requires us to report to you if. in our opinion:
adequale accounting records have noi been k¢pl. or reiurns adequate for our audii have noi been received from
branches noi visited by us; or
Ihe financial statemen15 are noi in agreement wilh the accouniing records or reiums. or
cenain disclosures of irustees remuneration specified by law are not made- or
we have noi received all the infonnaiion and explanations we require for our audit.
Responsibilities ofthe trustees
As explained more fully in the trusltts, responsibilities siaiemenl (sel oui on page S). the Irusiees are responsibl¢ for the
prepara¢ion of the financial statements and for being 5ati5fied that they give a true and fair view, and for such intemal
conirol as ihe irustees detemjine is necessary to enable ihe prepardtion of financial statements that are free from material
mi55tatement, whether due to frdud or error.
In preparing the financial siai¢ments, Ihe truMe¢s ar¢ r¢swn$ibl¢ for￿se$S1nglhc ¢hariiy's ability lo ¢ontinue as a going
¢on¢ern, disclosin& as applicable, matteTS related to going concern and using ihe going concern basis of accounting
unless Ihe irusiees eiiher intend io liquid￿e the charity or to cease Oper￿lon￿ or have no reaiisiic 4]ietnative but to do
so.
Page 12

ADVENTURE PLUS
INDEPENDEiYT AUDITORS. REPORT TO THE TRUSTEESOF ADVENTURE PLUS
FOR THE I'EAR ENDED 31 DECEIIBER IOIJ
Auditor's responsibilities for the audit ofthe financial ststements
Our objectives are io olxain r¢asonableassuranc¢ about wh¢therthe financial statements &$ a whole are free from material
misstatement. whether due to frdud or error, and to issue an auditor's ￿pOrt that includes our opinion. Reasonable
assurance 15 a high level of assurance. but is not a guarantee thai an audii conducted in accordance wilh ISAS {UK) will
always delect a material misstaiemeni when it exists. Misstatements can arise from fraud or e￿or and are considered
material if. individually or in the aggregate. they could re&sonably be exFrtted to influence the economic decisions of
U5er5 iaken on ihe basis of these financial statements.
The exteni to which our procedures are capable of deieciing irregulariti¢& iT￿luding fraud is detailed below..
Our assessment focused on key laws a￿1 regulations ihe chariiy has io Comply with and ar¢as of the financial statements
we assessed ￿ being MO￿ suscepiible io missthtem¢nt. These key laws and regulations included but were not lirnited to
compliance with the Chariiies Act 2011. United Kingdom Generally Accepled Accounting Practice and relevant tax
legislation.
We are not responsible for pr¢veniing irr¢gularities. Our aPpr(￿h to detect irregularities included. but not limiied
to. the following..
obtaining an understanding ofihe charity's policies and pr￿￿Ur¢S and how the ¢harity has complied with Ih¢s¢.
through discu55ions and sample iesiing of ¢onirols:
obtaining an undersianding of ihe legal and regulalory framework applicable to ihe charity and how the charity
is complving wilh ihai framework:
an understanding of the charity's risk ￿SsMent process, including ihe risk of fraud:
designing our audit pr￿edureS lo respond to our risk assessment: and
perfomiing audit work over the risk of managemenl override of controls including iesting of journal eniTies and
other adjustment5 for appropriatenes5. evaluating ihe busine55 raiionale of signifi¢ani transactions oul%ide the
nomal course of business and reviewing eslimaies for bi&s.
Whilst considering how our audit work addressed the detection of irregulariti¢s. we also consider the likelihood of
detection based on our approach. Irregularttie5 arising from fraud are inherently more difficult to deieci than those arising
from error.
Be¢ause of the inherent limitations of an audit. there 15 a risk that we will not deieci all irregulariiies. including those
leading to a material misstatement in the financial statemen15 or non-compliance wilh regulaiion. This risk increases thc
more that compliance wilh 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 nonvcompliance. The risk is also greater regarding
irregularities oCCu￿1ng due to fraud rather than error, as fraud involves inieniional ¢on¢ealment, forgery, collusion.
omi55ion, or misrepresentstion.
A further descripiion of our responsibilities is availabl¢ on the Financial RerM)rting Council's website at..
w￿,￿.rrC.o
.u￿auditorSTes
nsibilities. This de5CriPtion forms part of our auditor's r¢port.
P8ge13

ADVENTURE PLUS
INDEPENDENT AUDITORS. REPORT TO THETRugfEESOF ADVENTURE PLUS
FOR THE I'EAR ENDED31 DECEN1BER 202)
Use of 0￿r report
This repon is made solely to ihe Charity's irusiees, as a body. in a¢cordan¢e wilh s¢ciion 144 of the Charlties Aci 2011
and regulations made under section 154 of thai Act. Our work h&$ been undertaken so that we might state to the tr￿tee5
those matters we are required to state lo irusttts in an auditors. report and for no other purpose. To the lullest extent
pembitted by law, we do noi accept or assume respon5ibilily to anyone oiher than ihe ¢lwiiy and lis trusiees as a body,
for our audit work. for ihis rewrt. or for the opinions we have fomied.
MJ
FCA (Senior Statutory Audilor)
For And on behalf of Just Audit & Assurance Ltd, stat￿Ory A￿lItOr
37 Markei Square
Wiiney
Oxfordshire
OX28 6RE
Date..
Just Audit & Assurance Ltd is eli8ible for appoinimeni as audiior of the charity by virtu¢ of ils ¢ligibiliiy for &p￿intMen1
as auditor of a company und¢r s¢¢1ion 1212 of the Companies Act 2006
Page14

ADVEP4TURE PLUS
GROUP STATEMENTOF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT
FOR THE )'E.4R ENDED 31 DECEII IBER 20LI
Notes
Unrtstrieted
Restricted
TotAI
TolAI
F￿Thd5
Fund$
Funds
2023
Funds
2022
INCOME
Donations and legacies
Grant inwme
Charitable activities
Investment income
her income
Aciiviiies for generaiing funds
133.712
320,508
454220
382,873
4.000
207.500
307.109
2.535
30.161
264.118
307.109
2.535
30.161
264.118
25.381
211.029
Toial Ineome
737.635
320.508
1.058,143
832.564
Expenditur¢ on:
Chariiable a¢iiviiies
Gov¢monce cosis
Tradin8 Cost of subsidiary
443.268
11.250
282.911
215.852
659.120
11.250
282,91
606.868
7.500
181.286
Total Expendityr¢
737.429
21S,852
953.281
79.S.654
NET INCOMEI
{EXPF.NDITURE)
206
104.636
104.862
36,910
Extrwrdinary income
Subsidiary corp)raiion tax
1.500.000
435
17.C(K)I
17.QIM)I
NET MOVEMEiYf IN FUNDS
7206
104.656
111.862
1.536.475
Reconciliation offunds
Total funds at l January 2023
222.600
3.582.915
3.805.515
2.269,040
Toial funds ￿ 31 De¢emb¢r 2023
2?9.806
3.687.$71
3.917.377
1.80$51£
The statement of financial aciivitits i￿ludeS all gains and 1055es recognised in the ye4r.
All irtcomt and expenditure deriv¢ from ¢ontinuin8 activities.
Pagels

ADVENTURE PLUS
BALANCE SHEET
AS AT31 DECEMBER 2O2J
Noies
GROUP
CHARITY
21123
2022
2023
21122
FIXED ASSETS
Tangible ￿$¢1$
Invesirnenis
3,351.174
3.453,378
3,609,275
3,419.569
10
3.851.174
3.453.378
3.609.277
3,419,571
CURRENT ASSETS
Stock
DebtOTS
Cash ai baThk in hand
1273
226.243
173.547
.657
104.5J8
455.404
324,350
16?,4?3
77,014
366.165
401.063
561.599
486.773
443.179
CREDITORS: Amounis falling
du¢ within one year
12
308,860
199,862
175.735
119,946
NETCURRENT ASSETS
92.203
361.737
311,038
323.233
TOTALASSETS LESS CURRENT
LIABILITIES
3,943,377
3.815,115
3,920J15
3,742.804
CRgDITORS: Amounts fallin
due after more Ihth onc ye&r
14
26.iK￿l
21.(
Provisions for liabilhties and
¢harges
NET ASSETS
15
-3,917,377
3.805,515
3.899.315
3.742,804
FUP4DS OFTHE CHARITY
Unre51ricied income funds
RestriEt¢d incom¢ furhds
18
18
229.806
3.687.571
222.(
3.582.915
211.744
3.687.571
159.889
3.582.915
3,917,377
3.805.515
3.899.315
3.742.804
Page 16

ADVENTURE PLUS
BALANCE SHEET
ASAT 31 DECE￿IBER 2023
These accounts have been prepared in accordance with the Special provisions relating to small Companies within Part 15 of the
Companies Aci 2006 and wilh ihe Financial Rep)rting Siandard 102 Section IA smaller entiiies.
Signed on behalf of ihe ￿)aryl of vuM¢es
Mr Brian Foxion
Truste¢/DirectQT- Chair
Date approved by the toard: 30 Odober 2024
Page17

ADVEIYTURE PLUS
STATEMENT OF CASH FLOWS
FOR THE I'E.4R EIYDED 31 DECEMBER 2023
otes
GROUP
CHAIUTY
2023
2022
2023
2022
Cash flow5 from opergting artiviti¢s
Nel income for the reporting period
l&s per the SOFA)
Adjustments for:
D¢preciation ¢harges
Increase ID inveniory
Ilncreas¢l I d¢creas¢ in debiors
Protti on ihe sale of oiher thngible
rix¢d assds
Increase in creditors
Taxes paid
Nei cash generated by operating
104.862
36.910
156.511
12.492
215.IM19
384
(119.305)
127.870
1404
154.6701
{33,338}
89.205
12.1201
186.339
123,770
1247J36}
6.123
127.535)
133.338}
69,851
6.123
129.998
76.789
3.17.071
163.453
178.416
145.740
C4$h flows from 5nvestlng art5vlties:
Pr￿ced$ from ihe sale of oiher
iangible fixed asse¢s
Purchase Lif property, pl￿1 arhd
equipment
Net Cash used in inve$iin8 aciiviiies
2.850
40,870
2.850
40,870
1621.7781
1149.1631
1385,0181
{133,6431
1618.9?81
1108.2931
1382,1681
192.7731
Net in¢rtBst In ¢•Jh and c•$h
equivAlent5
1231.8571
55.160
1203.7421
52.467
C*sh and ¢•$h ¢quival¢nt$ •¢ tht
b¢ginning ofihe ye•r
455.404
400.244
366.165
313.698
Cxsh and eAsh equiw*lents at the
end of the yeAr
173.147
455.404
16?4?3
366,165
Page18

ADVENTURE PLUS
NOTESTOTHE FIiYANCIAL STATEMENTS
FOR THEI'EAR E)DED31 DECEIIBER 2023
GENERALIIYFORMATION
Adventyjre Plus is a regimered charity and wmpany liinited by guarantee iTKOTPOrnted in EnglaDd and Wales. Its
registered office and Princip￿ office is..
Adveniure Plus
Main Srreet
Clanfield
Bampion
Oxon
OX182SN
The financial statements art prtsented in Sierlin& which is the fyn¢lion¥l curreney of the eharity.
The charity is a public benefii entity.
SUMMARYOFSIGNIFICANT ACCOUNTINC POLICIES
BAsl$ of prep•rgtlon of the finAlltl*l st*itmeni$
These financial statement5 have been prepared in aCco￿an¢¢ with the Accounlin8 and Re￿rtIng by ChaTilies.. Siaiement
of Recomrnendcd Pr#cti¢e Applicable 10 ¢hariiies pr¢paring accounts in accordance with the Financial Reporting Siandard
102 Section l A smaller eniili¢s. lh¢ Companies Act 2(M)6 and the Charriies Aci 2011.
Group finAn¢l#l $taternent$
The firtaneiol staiemenis ¢onsolidai¢ ihe results ofihe charity and 115 wholly owned Subsidiary Windmill Farm
Conferen¢¢ CeniTe Limited on a line-by-line basis. A separnie Siaiemeni of Finon¢i31 A¢livilie5 and Incorne and
Exp¢rkdilure Account for the chwity has noi been presenied beuyse th¢ charity h&$ taken advinta8e of the exempiion by
s.408 Companies Ad 21x16.
Incornlng res0￿re¢S
Voluntary inwme don*ion5. Bifts. le8acies 8rnnts thai ryovide core fvnding or are of a 8enerdl natiire Is reco8ni5ed
when the Charity has entiilement to ihe 1ft￿ne. li 15 probable ihat ihe income will be r¢¢eived and the amount be
me&sure with su(fi¢ieni reliability.
Income f￿M tr&ding aciivities been included in ineomin8 resour¢¢s it) the wod in which ihe ￿levaTrI evenl lakes
place.
Page 19

ADVENTURE PLUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE I'EAR ENDEDJI DECEhlBER 2011
STATEMENT OFACCOUNTING POLICIES leoniinued...)
Gr*nts
Granis and donaiion are only included in the SN¢meni of Finan¢ial Auiviii¢s when the chgrity has unwndiiion
entitlement to the resources and are tre￿ed as re5rriCted or unrestricied incorne in line with the donor's instructions.
Th¢ company r￿tiVed granl income of £012022. £4.(M)01. A business resilien¢e grnni of £O12022- £4,000) w&s
received from Wesi Oxfordshire Disiri¢i Council ￿ suppon busine￿¢$ aff¢a¢d by COVID-19.
Dona¢¢d good& f•¢ilitiH •Dd xrvices
Included within donation5 and le8acies rtCO8nised in the xcounts in 2022. is an amounl in relation to the gifted use of
land and buildin￿5 under a peppercorn lease. with a calcultted rtir value of £50.281. In 2022 this l￿d was dona*d
io ihe Chariiy arbd is Tr) longer under a pepper¢om lease.
Exp¢nditur¢
All expenditure is recognised onc¢ Ihere is a le8al or constructive obli8aiion to that expenditure. il is probable settlernent
Is required and thc amount can be measured reliably. All costs are allocaled to thc applicable expenditure h¢Bding th
aggregaie similar costs io thai ¢a*80ry. Where costs ¢annoi be directly anribu*d ￿ panicular h¢adin¥s ih¢y have been
allocated on a b&shs consistent with ihe us¢ of resou￿¢& wilh central stsff costs allocaied on the basis of lime 5peni. and
depreciation char8es all(Kaied on the portion of the assct's u￿. (kner support ¢osis are allo¢aied based on the spread of
siaff costs.
Cos¢s of chariiable aciiviiies are expenses diyecily incurred in achieving the objeaives of the Chariry.
Governance cosis include ihose incurred in the Bovernance of ¢h¢ ¢hariry and its asw$ dnd are primarily asswioi¢d wilh
constilulionaj hnd Sthiulory requirements.
T*nglblt Ilxed Isseis
Tangible fixed assds wsiing moff than £500 are ¢apithlised.
Fixed 855¢19 are styled ￿ cost less ￿¢¥M￿la¢ed depreciation.
Depreciation ha5 been provided at the followin8 f8t¢s so as to write off the o)si less residual value of the assets over iheir
estimated useful lives.
Land and buildings
Moior v¢hi¢l¢s
Computer equipment
Fixiures, fittings and equipmenl
Tenant improvements
Straighi line basis at 2.su/o 10 IOV• per annym
Strai8ht line b&sis ￿ 25Yo per annum
Strai8ht line basis at per annum
Styai8ht line b&sis ￿ 2(Vo per 8nnum
Straight line b￿15 ￿ IIR4 per annum
Page 20

ADVENTURE PLIIS
NOTESTOTHE FIiYANCIAL STATEMENTS
FOR THE I'EAR EIDED 31 DECEIIBF.R 202J
rATEMENT OF ACCOUNTIP*G POLICIES {coThtiDued...)
Invejtments
Investrrtents in substdiaries are showt) ￿ cost less xcurnuldted impaimieni losses.
Rentals applicable to operniing leases where sub5Tantially all of the benefits and risks of ownership remain with the les50r
are chalged io the incom¢ and expenditure &¢ount on a straight line basis over the le￿ tenn.
Payments received under operdting leases att recognised a5 income over the It￿ temi on a siraight-line basis.
TAX•tion
The charity 15 an exempl charity withtn the meaning of %hedul¢ 3 of the Charities Act 2011 and is considered lo p￿5
lesls sei oui in Paragrdph I Schedule 6 Finance Aa 2010 and therefore meets Ihe definiiion of a charitable wmpany for
UK corporation purposes.
Being a regisiered Charity, the Charity 15 rKTrt liable to thxaiion on iis inwm¢.
The 5ub5idiary meets the definition of a tradin8 business and thertfore is liable to tLKalion on its ineome.
The subsidiary iaxhiion ¢xp¢nse represents the a88rtgaie amouni of Current and dcferrtd ￿ recosnised in the
reponing period.
A current tax liability is re￿anIsed for ihe tax yyJbl¢ on the taxable profit of the current and wt periods bwd on
cU￿t￿l tax r8ies and laws. A ¢UTrent t&x tsset is reeo8nised in ffspea of a w 1055 ean be Carried ba¢k io recover tax
paid in a previous period.
D¢feTT¢d Is retO8nised in res￿1 of all liming difference5 beh¥een ihe recogniiion of tn¢orne and expenses in the
rinan¢ial siatemenis and their inclusion in t&K Issessmenis. Unreli¢v¢d ￿ 105ses and oiher deferred ¢&x asse¢s Are
re¢ognised only lo the extent th￿ it 1$ pn)bable ihat ihey will be recovered again￿ the revers81 of defeTTed tax liabililies or
other l&xable profits.
Deferred i&¥ is measured using lax rates and laws that have been enaaed or substantively enacted by the reporting date
Rnd thai are ¢xpe¢t¢d lo apply to Ihe rtvttsal of the liming diff¢r¢nce.
Curreni and deferred tax &ssets and liabilities are discounted.
Stotk
Stock h8$ been valued at the lowerof cost and net re8lis8bl¢ value. after making due allowance for obsolete and slow-
moving itern5. C05t comprises the Cosl of 8ODds purcha5cd valued on a firsi in fErsi oiit basis.
The carrying amounl of 501d is reco8ni5ed as an expense in ihe pewd in which the related revenue is recognis¢d.
Page 21

ADVENTURE PLUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EfiDED31 DECENIBER 2023
STATEMENT OFACCOUNTING POLICIFS {coDtinued...)
Finincisl instrurnents
The charity only enters into b&sie financial insirumenis transaaions ihar result in the re£o8nition of finoneial asseis and
liobiliries lik¢ tyade and oiher a¢¢ounts re¢eivable and payable. l¢)ans from banks and other ihird partie5. loans to related
parties and investments in non-pullable ordinary shares.
Financial assets are measured at cost ar￿ #re 1sSCS5¢d ￿ the end of each rewrtin8 ￿riod for objective eviden¢¢ of
impaim¢n¢. Where objeciive eviden¢e of impaimient is fout)d, an tmp*imient ]oss is re¢ognised in the statement of
rinancial activitles.
The impairrnent1055 for financial &ssets measured w cost is me&%ured the difference be￿een an &sset's carykng
amouni and the best estimate. which is an approximation. of the amount that ihe charity would reccive for the &%5ei if it
w¢re to be sold ai the reporting d￿c.
Financial assets and liabilities are offs¢i ond the net amoyni repor*d in lh¢ balance sh¢¢i when ih¢r¢ is an enforceable
right to sei off the reco¥nised amount and there is an inlenlion to settle on a bttsis or io realist the &ssel and s¢rtl¢ ihe
liability simulianeously
lrnp*irni¢nt of non-financial Isxts
At each r¢rKJning da* non-financial assets cwried ￿ f8ir value. like 80(dwill and planL property and equipment, are
reviewed to detennine wheiher there is an indication an assei may be imp8iTed. If Ihere is an indicaiion of kN)ssible
impaimient, the recoverable AmounT of any assrt or 8roup ofrtlatcd asscts Iwhich is ihe hi8her of value in use and ihe f4ir
value less cos1 to 5¢111 is ¢siimat¢d and Comp￿ wilh its ¢aTryin8 amouni. If ihe rewverable amouni is lower. Ihe
Carrying amount of the Assei is reduced io its reeovernble an￿￿nI ond an impiimient loss is recognised immediately in the
51atemen( of fiThanci¥l a¢tiviiies.
Stocks are a150 a5se5sed for impairment al each reFQrtin8 date. The caryin8 amount of txh item of stock, or group of
similar iiems. is compared wilh its selling price less CO￿ to complete and sell. If an item of siock. or group tsf sirnilar
ilem5. 15 impair¢d its ¢aryin¥ amouni is reduced ￿ selling price less costs ￿ ￿mpl￿e and sell. and an impaimient loss is
recognis¢d immediaiely in profjt or loss.
If an impaimieni loss is subsequenily reversed. the carryin8 amouni of the 8ssd. or group of related ￿gets. is inere*sed to
Ihc revised c5tirn￿e of 115 recoverdble amount. bui rM)t io exceed the amouni that would have been deierniined had no
impaimeni loss been r¢¢OgnIs￿ for Ihe 85seL or group of Telated assets, in prior peri(*Js. A reve￿] of hn impairn)ent105S
is ie¢o8nis¢d immedia*ly in the $￿emen[ of financial aciivilbes.
Page 22

ADVENfuRE PLUS
NOTES TO THE FIiYANCIAL StATEMENTS
FOR THE I'EAR ENDED 31 DECEIIBER 2023
STATEMENT OFACCOUNTING POLICIES {eOntinu￿...)
Debtor
Short terni deb￿r$ are measurd at tr￿SaCtIOn price. les5 any impaimient.
Crediton
Short lem irade Creditors we me¥ured at the trknsaction Price. (Xher financial liabtlitie5. including bank loan5. are
meosur¢d initially ai fair valuc. net of trans￿li0n co5￿ and subsequently al amortised Cost.
Funds
General funds are unrestricted funds which are available for use 8t the discretion of the trustees in furtherance of the
gener81 objectives of the eharity and which have noi been designated forother purw)ses.
Designated fvnd5 comprise unresmcted funds have been set aside for speeific purposes ￿ the dI￿retIOn of the
Irus¢ees.
Resiri¢ied funds are funds which are to be used in aecordantt with specific resth¢iion$ Imr￿sed by ihe donors or which
hov¢ bttn raised by the charity for particular purposes.
i￿11 st*tuJ of the th*TIty
The charity is a company limi*d by gu8ranlee and h&5 IKJ share eapital. In the event of the charity being wound up. Ihe
liabiliry in respe¢1 of the 8uarantee 15 limited to £1 per member ofthe charity.
Pensions
The c4)mpany operiies a defbned coniribuiion pension Scheme. The amount charged 10 the profil and loss account in
respccl ofpension cosis and other posi-relirement benefits IS the amouni payable in Ihe year. Differences be¢ween
coniributions payabl¢ and conlributlOn5 actually paid in the year are shown as ¢ith¢r accruals or Prepayments in the
balance sh¢el.
Page 23

ADVEiYTURE PLUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THEI'EARENDED31 DECEMBER 2023
CRITICALACCOUNTING EsfiMATESANDJULKEMENTS
The tTUStees have made key as5umpt10115 when ￿l(￿l811￿g a value for don*ions in kind in respe¢1 to the usage of land
and buildings. At 31 De¢emb¢r 2023 ihe amount included ￿alled £Nil12022= £50.2811.
This estimaie És ealculaied using ih¢ coms of similar land ond byildings in th¢ local area. The value is calculated by
multiplying the size of the arrd in number of arre5 don&ed by the averdge ¢osi ￿ rent on¢ acre of land. Thc property is
alculaied in the same mant)er using the marke¢ wsi of ￿￿ling pn)penies of a Similar size.
In addition io the above. land buildings on Lower Fann wer¢ donat¢d ￿ ihe Charity durtn8 ihe year. The Irusiees
have made accounting CSiim#ies with regards to the valuati¢)n of thi$ don¥tion. The valu￿10n of ihe land and buildings hos
been d¢i¢miined using oiher mark¢*d pwperties it) ihe area.
Page 24

ADVENTURE PLUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE I'EAR ETriDED JI DECEIIBER 2023
INCOMING RESOURCES
None of the company's income 1$ aiiribwble to geographical markets outside the Uni*d Kingdom.
The incoming resow¢e$ in¢luded on page IS consist of the followng sour¢es of in￿me.
2023
2022
Ilnrestrieted ineome:
Donations ind legicles
rknnations aTbd Icgacics
133.712
202.778
GTAnt Income
4.000
Ch•ritAblt *ctiwities
AIM
MAP
Total advenlure
DISTIL
36.297
192.452
59.464
18,896
26.326
134.082
26.019
21.073
307.109
207,500
Investment Income
nlere5t receivable and simil8r income
2.535
1,781
Oiher Ineomt
Rental income
Other incom¢
4.903
25.258
11,470
30.161
25.381
Aetlvltles for gener*tlng funds
264.118
211029
737.635
652.469
R¢strftt¢d incorne:
Dongtlon$ Ind l¢¥*¢les
tA)naiions and l¢ga¢i¢s
320.508
180.095
Tot*1 Income
1.058.143
832.564
Page 25

ADVENTURE PLUS
IYOTES TO THE FINANCIAL sfATEIMENTS
FOR THE YE.4R ENDED 31 DECEIIBER 2•LI
EXPENDITURE
The resour¢¢s ¢xp¢nded include on page 15 consi4 of the following sources of expend1lu￿.'
2023
2022
Unr¢s¢ri¢t¢d ¢xp¢nditure:
Charit*bl¢ *tliviti¢s
Discounts tak¢n
Reni and ral¢s
trlousing and sile expenses
Insurance
Wiges and salaries
Activity costs
Repairs and rnain¢en8nce
Volunteer expenses
Telephone and f&K
Printin8. Wstage and stationery
Trdd¢ subscriptions
Syndry expenses
Moior exp¢ns¢s
Publiciiy and fundrnising
Self-Employed Personnel
Legal and profcssional fe¢5
Accouniancy fe¢$
Bank ¢haryes
Donation$
6.272
3.214
54.858
9.784
5,443
255,283
44.134
2.708
3.517
3,250
3,722
3,215
623
24.445
7.091
16,?65
6.604
290.100
47.825
16.023
1.077
1.616
3.160
4,8?4
4.375
30.587
5.688
1,690
224
5.519
1,219
8.637
4.680
1,190
6?2
443.268
436.416
Govern*n¢e eo$is
Govcrnancc ¢osts- audit
Gowem8n¢e wsts- annual &counts
8.750
2.500
7,5¢)0
Trading eos¢ of sub$idi*ry
282.911
181,286
737.429
625,202
Rtstrieied expenditu
Ch*ril4ble *etivitits
Wage5 arbd 5alaric5
Activity cost5
Repair5 and mainl¢nan¢e
Dcpreciation
Profit on of oiher tan8ible fixed
31.400
3.445
950
186,180
6.123
71.793
1.238
6.989
123.770
33.338
215.852
170,452
Totsl exp¢nditur¢
953 ?81
795.654
All expendiilhre for the 5ub5idiary. including d¢preei•ion, is I￿l￿ded under ¢h¢ heading tr*ling cost of subsidiary.
Page 26

ADVENTURE PLUS
NOTESTOTHE FIP4ANCIALSTATEMENTS
FOR THE I'EAR ETr4DED 31 DECEIIBER 20LI
EMPLOYEES
Th¢ average number of persons employed by the charity and its subsidiary (including ¢rusieesl during the year w&s'.
2023
21122
21
Average number of employees
STAFF cosrs
2023
2022
Sthff cosis for lh¢ Charity durin8 the year amounted to:
SalaTiC5 and wages
Social security costs
Pension ¢ontributions
435.124
26.498
17.974
291,178
24.503
11,395
479.596
327.076
Included in Ihe tradift8 ¢o$is of the subsidiary wer¢ Staff costs as follows..
Salori¢s and wa8es
Social security
Pension contributions
145.752
9..I(Kl
3.044
94.560
6.679
2.160
158.096
103.199
No employtts received emoluments of more than £60.0￿1.
No i￿51¢t5 received any remunerntion during ihe year or rettived any other benefits from an employment with the
eharity or a related entity.
KEY MANAGEMENT PERSONNEL REMUNERATION
Key m8na8ement personnel remuneration for the year amounied
to..
2023
2022
Salarie5 and wa8CS
Pension
51.477
6.153
50.IM4
1.689
51.477
51,733
Page27

ADVENTURE PLUS
NOTESTO THE FINANCIALSTATEMENIS
FOR THE YEARENDED31 DECEMBER 2013
TAIYGIBLE ASSETS
GROUP
iAnd A Thd
buildings
Motor
wehicles
Other fixed
Tot*1
Cos¢
A¢ l January 2023
3.746259
73.080
205 J44
4.024.883
Addiiions
330.818
41,6(KJ
249J60
621.778
Disposals
(25.5051
125.505)
At 31 December 2023
4.077.077
89.175
454.W4
4.621,156
Aeeymul•ted depreciatio
Ai l January 2023
Char8e for the yegr
DisFM)sa15
400.347
40.389
130.769
571.505
154.264
17.616
43.129
215,IKI9
116.5321
116,5321
Ai 31 December 2023
554.611
41,473
173.898
769.98
Net boolk value
At l January 2023
3.345.912
3?.691
74.775
3.453.378
At 31 December 2023
3.522.466
47.702
281.￿6
3.851.174
In¢lud¢d in othcr flxd assets are ¢ompuier 4uipmeni, fixiures. finin8s and equipmeni and ienani improvements.
P8ge 28

ADVENTURE PLUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR E)DED JI DECEIIBER 2011
TANGIBLE ASSETS (continued...)
CHARITY
L•nd and
buildings
Motor
wehitles
C¥Jmputer
t9￿1pment
Fixtsres fltt5ngs
And equiprnent
TotAI
Cost
Ai l January 2023 3.746.259
Addiiions
330.818
73.080
19.545
103.876
3.942.760
41.6(Kl
12.600
385.018
Disposals
At 31 Decernber
2023
125.305)
125.5051
4.077.077
89,17S
19.545
116.476
4.302.273
AccurnulAted Depreci*t5on
Ai l January 2023
400.347
Charge for year
Disposals
At 31 D¢cernber
2023
4KI.389
19.544
62.911
523.191
154.264
17.617
14.457
186.339
116.5321
116.5321
554,61
41.474
19J45
77.368
692,998
Net book vlltse
At l January 2023
3.145.912
-12.691
40.965
-1,419,569
At 31 tk¢emb¢r
2023
3.5??.466
47.701
19.108
-1.009.?7S
In 2022. it)cluded within land and building additions is a donolion of Lower Fami and associated land io the Charity. This
W&5 valued al £1.51)0.000 based on other properties in the market &$ a professional valuation had noi been obiaincd.
Page 29

ADVENTURE PLUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE I'EAR ENDED 31 DECENIBER 2023
FIXED ASSET INVESTMENTS
GROUP
CHARITY
Anvestment iTh
subsidi*ries
Investrnent in
5ub5idi8ries
Cost
At l J3nuary 2023
At 31 D￿ember 2023
Nei book v#lue
Al l January ?023
Ai 31 December 2023
Adventure Plu5 own5 1000/0 of the issued share capital of its $ubsidi#ry Windmill FAM Conference Centr¢ Limited,
company regisiered in England and Wales. The subsidiary's reBis*rtd office is Windmill Farni Conference Cenire. Main
Street. Clanfi¢ld, B8mpion. Oxfordshire. OX18 ?SN.
DEBTORS
GROUP
CHARITY
2023
2022
2023
2022
Trade deb￿r5
Prepaymen¢s and accrued
income
Other deb￿rS
210.316
87.042
114248
43.372
13.523
16.%16
SW
6.141
203.961
13.427
18.015
226.243
104.538
324.350
77.014
Included in Charity's Other debior5 is £ 200.296 rettivable in more than one year.
12
CREDITORS: amounts fallin8 due within one year
GROUP
CHARITY
2023
21122
2023
2022
Trade cr¢diior5
11.565
568
6,662
5.421
19.308
T￿ation and social security
Accruals and def¢rred in¢ome
20.949
4.298
5,083
282.256
1.875
139.452
27.896
170.869
80.305
27.896
Oih¢r credi(ors
308.860
199,86?
175.735
119,946
Page 30

ADVENTURE PLUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THEI'EAREYDEDJI DECENIBER 2023
13
DEFERRED INCOME
ID¢luded in a¢¢wals and d¢ferr¢d income is deferred income of £258.854 in respect of income received in 202.1 which
rel&les to 2024. In the ￿O￿Trts for the yur ended 31 December 2022 income ioialling £6J.304 was deferred and has been
released in the subsequeni years.
14
CREDITORS." amounis falling due after more than one year
GROLTP
CHARITY
2023
21121
2023
2022
Other Creditors
26.IM)
21.(MX>
15
PROVISIONS FOR LIABILITIES
GROUP
CHARITY
Deferred TAxgtio
2023
2022
2013
2022
Acceleraied capiwl allowances
4.600
All d¢ferr¢d t￿atIon h&s been fvll> proi'ided.
GROIIP
CHARITY
Movernents on deftrred
tAX8tion provision
Balan¢e brou&)hi forward
Transfer during ihe year
2023
2022
2013
2022
4.600
I7.￿)
4.163
437
B¥lance carried forward
4.600
Page 31

ADVENTURE PLUS
NOTES TO THE VINANCIAL ￿ATEmENTs
FOR THE I'EAR ENDED31 DECEIIBER 2023
16
COMMITMENTS
Amounts falling due und¢rop¢Ning keas¢5'.
GROUP
CHARITY
Deferred Taxation
2023
21122
2023
21112
Expiring in less ihan one year
Expiring in more than one bui
less than fjve years
Exphring in more than five
years
6.075
6.075
6.075
6.075
Amounts TeceivHble under operaiiThg le&ses'
GROUP
CHARITY
21113
2022
2023
2022
Expiring in les5 ihan one year
Expiring in more than one bui
less ihan five years
Expiring in more ihan five
years
5.000
20.(
20,000
54.(HXI
59.000
BalaD¢e Carried forward
79,(NKI
84.000
17
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Fund balances ￿ 31 December 2023 we represen*d by..
Resiri¢ted
UThY¢s¢ri¢l¢d
funds
Total funds
Tangible assets
Siock
Ca$h ai bank and in h￿d
Lkbtors
Currcnl liabilities
Non-¢urrent liabiliiies
3.609275
241.899
1.273
95.251
226,243
{308.860)
{26.(th}
3,851.174
1,273
173.547
226.243
(308.860)
126.000}
78.296
3.687,571
229.806
3,917,377
Page 32

ADVENTURE PLUS
NOTESTOTHE FINANCIAL STATEMENTS
FOR THE I'EAR ELIDED 31 DECEIllBER 2011
18
MOVEMENT IT4 FUNDS
A$#t31
Decembtr
2023
Jinu*ry
2023
lTr¢oming
resour¢e
Outgoing
Trxn$ftn
Unrestricted fund5:
General funds
Designated fund$
Total unresiri¢ied
funds
212.600
10.0(
737.635
{730.429)
219.806
10.000
222.600
737.635
1730.4*9)
229.806
R¢5tricted funds
V¢hi¢le and
equipmeni
Adventure Base and
Yurt Complex
Salary support fund
MAP
35,759
6.649
{25.7941
16.614
3.538,860
279.014
(155.2131
3.662.661
31.4￿*
3.445
{31.400)
13,445)
8,296
.296
Total restricted funds
-1.182.915
3?0.508
{215,8S
3.687.571
Total fund
3.80S.11 S
1.0$8.143
195.1,?81 }
3.917.-177
Page 33

ADVENTURE PLUS
NOTESTOTHE FINANCIAL STATEMENTS
FOR THE I'EAR ENDED 31 DECE￿IBER 202J
18
MOVEMENT IN FUNDS
Movement in funds (prtViOU5 yexr)
Atl
January
2022
A5*131
Dtcernber
2022
Incoming
rt50urce
Outgoing
re50urtes
Tnnsfers
Unrestricted funds:
General fund$
tksigt)aied funds
Tol81 unrestric*d fynds
185,768
10,c
652,469
1625.636)
212,600
10.000
195.768
657,469
16?5,6361
222,600
Restrlcted funds
Vehicle and equipmeni
Adveniure Base and
Yurt Complex
Salary support futhd
MAP
10.476
10.491
14.785
35,759
2.06?,796
1.632.774
20.3C
16.523
1156.710)
120.3001
18.2271
3,538,860
8.296
Tothl restricied funds
2.073.272
1.680,095
{170.4521
3.582.915
Tot*1 funds
2.269,040
2.332,564
{796.0881
3.805,515
Vehiele$ and equlpment
Fund for puKhasin& or wjssibly maintaining. vehicles. wailer5 and adventure activity ¢4uipm¢nt.
Byr$•ry fund
Fund for use. at our diserdion and followin8 application and &ssessmeThL in rtduein8 the Price to partieipan15 in our
Adventurt B*se and Yurt rompltx
The name of ihe fund inio which Ihe funds ￿ pU￿has¢ Windmill Farni Conference Cenire Limited, the buildings and land
were placed. Plus the fund used for developmenl of an xcommLhJation blLKk. activity centre. yurt complex and activities
on ihe fields to thc w¢si of the oifi¢es.
S419ry 5UPPOrt fund
Fund for use in supFN)rting salories of pid wm members.
P8ge 34

ADVENTURE PLUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THEI'EAREliDED31 DECEMBER 2023
19
STATEMENT OF FIIYAIYCIALACTIVITIES- COMPARATIVE FIGURES BY FUND TYPE
Unrysiricted
Funds
Restricted
Funds
Tot*1 Funds
2022
INC.OME
tk>naiions and legacies
Grant income
Charitable xiiviiies
Inve5trnent income
Other income
Aelivilies for 8enerntin8 funds
201778
4.000
207.500
1.781
25.381
211.029
180,095
382.873
4.000
207.500
1.781
25.381
211,029
TotAI Income
6$1.469
180.095
832.564
Expettdllure on:
ChaTltable a¢iiviiies
Governance cosis
Trddin8 Cost of subsidiary
436.416
7.500
181.286
170.452
606.868
7.500
181.286
Tot*1 expendlluj
6?5 ?0?
170.452
795,654
NET INCOME
27,267
9.643
36.910
Extraordinary income
Subsidiary corporation t
i.5(K).￿l
1.500.(M)O
435
NET MOVEMENT IN FIINDS
26.832
1.509.643
1.5.16.475
Retoneillation of fthnds
Toitl fuT￿5 at l January 2022
195.768
2.073.272
2.269.040
Toial funds ai 31 December 2022
222.600
3.582.914
3.805.515
Page 35

ADVEiYfuRE PLUS
NOTES TO THE FINANCIAL SfATEMENTS
FOR THE I'EAR ENDED 31 DECEIIBER 2023
20
RELATED PARTY TRANSACTIONS
Durin8 the year the Ch8rity mad¢ the followiD8 rel￿ed pany transa¢iions:
Trustee$
As ￿¢1[ as donaiion their time and expertise dwing 2023 the trU￿ceS ma¢k unconditional th)natitins of £27012022-
£1.7001 ￿ ihe Chwity.
No trusiees incurred experhses durLII8 the year or rrteived any remu[￿Ni0n for their services.
Sub$ldl#ry ￿ndert#king
The ¢ompany h8s claimed exemwions fiDm disclosure of rel￿ed pty tranS￿tionS with the followin8 wholly
owned 8roup members..
Windmill Farn) Conference Centre Limiied- Subsidiary
21
ANALYSISOFCASH AND CASH EQUIVALENTS
GROUP
CHARITY
2023
2t122
1023
2012
C4$h in h￿d
173.547
455.404
162,423
366.165
Toi*l cxsh #nd t*5h
tgulvalents
171.547
455.404
162.423
366.165
Page 36