REGISTERED COMPANY NUMBER: 03318141 (England and Wales)
REGISTERED CHARITY NUMBER: 1083233
REPORTOF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
NATURAL ENTERPRISE LTD
Bright Brown Limited
Chartered Accountants
Exchange House
St. Cross Lane
Newport
Isle of Wight
P030 58Z

NATURAL ENTERPRISE LT
CONTENTS OF THE FINANCIALSTATEMEMrs
FOR THEYEAR ENDED 31 MARCH 2025
.Page
Report of the Trustees
'Independent Examiner's Report
Statement Df Financlal Actlvities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
io
.Notes to the Flnancial Statements
li to 22
Detalled Statement of Flnanclal Act5vltles
23 to 25

NATURAL ENTERPRISE LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trusteos who are also directors of the charity for the purposes of the Companies Act 2006, present thelr report with
the financlal statements of the charity for the year ended 31 March 2025. The trustees have adopted the provlslons of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts In accordance with the Flnancial Reporttng Standard applicable in the UK and Republic of Ireland {FRS 1021
leffective l January 2019}.
OBJECTIVES AND AcfiviTIES
Objects and alms
The objects of the Trust are to:
undertake economlc and environmental development throush the dellvery of programmes, prolects and
contracts;
promote and support sustalnable development, strateglc plannlng and dellvery in the flelds of economic andlar
environmental development and social Incluslon;
promote and support educatlon. tr3lnin8 and retralning to Improve the skills of the workforce and to promote
the development of Industry, commerce and enterprise of all forms for the benefit of the community.
promote the development of existing businesses and the establishment of new buslnes5es,'
provlde a means of securing corporate and individual involvement on the Isle of Wight to develop buslne5s Ilnks
with and between enterprises, authorttles and agencies to develop and foster workln8 relatlonshlps that wlll
enhance the prosperlty of the area and to stimulate public awareness;
collect, analyse and dlsseminate economlc, envlronmental and other Informatlon on all subjects of Interest to
the Members, partners and others.
promote social inclusSon In the sustainable economic and envlronmental development;
offer commerclal servlces for the conseNation, protectlon, reinstaternent and Improvement of the physlcal and
natural envlronment to Include the research and development of environmental thlnking, pollcy and strategy
and adv55e bu51nesses on environmental sustslnability and social responslblllty;
seek, assess and secure Investment In the areas of economic and envlronmental development;
support thls work by enterln8 Into any arrangements wlth any government. authorlty, department, person or
institution, whether European, natlonal, local or otherwlse, that may seem conducive to the Company's objects
or any of them; and to obtaln from any of them any grant assistance. rights, prlvlleges, Ilcences, contracts and
concesslons,. and to carry out exercise and comply with any such arrangements. grant asslst3nce, rlghts,
privileges, Ilcences, contracts and concessions.
In shaping our oblectives for the year and plannlng our actlvities, the trustees have consldered the Charlty Commisslon's
guSdance on public benefit.
Publlc beneflt
All the activltles of the Trust focus on dellverin8 comfflunlty benefit and are In accordance with the objects of the Trust,
The Trustees have complied with their duty to have due regard to the Charity Commlsslon's public benefit guidance
when exercising any powers or duties to whlch the 8uidance is relevant.
p￿e1

NATURAL ENTERPRISE LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
Review of the business
Another excellent year with a number of projects c¢Jming to a condusion and new activities introduced. Our operational
base ha5 5ucce55fully broadened within our Charitable Objects.
After nine years of plannlng ar)d behind the Scenes work the renovations to Appley Tower were completed. returnlnB
the tower to community use. This Iconlc building is now open to the publlc and once again a valued communlty asset.
Natural Enterprise holds a 25 lease over the tower and 4 newly constructed beath huts.
The National Lottery, Herltage Lottery Fund engagement and restoration project drew to a very successful conclusion,
wlth all the milestone5 and outputs exceeded. The level and breadth of engagement has been excellent and the work on
the tower has been completed to a hlgh standard. The challenge is now lo ensure the tower is financially sustainable.
Working with partners Natural Enterprise stepped in to retain Catthment Sensitlve Farmin8 on the Island. Thls Important
support for the farming sector, to encourages actlons to help achleve environmental improvements for water quality, air
quality and flood risk mitigation and to support farmers and land manager through agricultural transltlon is considered
to be very important.
We dellvered another successful year of the Non Native Plants project, with Its work to protect the Island's natural
environment by controlllng the spread of Invaslve plants. This work is co-ordinated and managed by the Natural
Enterprlse team with tremendous help from a strong band of volunteers. Landowners both from the publlc and private
sectors are beneflting from this work. This is set to contlnue in 2025/26.
Our work co-ordinatlng and leadlng the Island River5 Partnership on behalf of the Envlronmental Agency has contlnued,
wlth over 20 local and natlonal groups and organlsations engaged, This partnership has developed well and provldes a
coherent and dynamic approach to the development of the Island's watercourses. Complementary slte speclflc projects
are belng delivered..
Natural Enterprise's flag ship envlronmental project Glft to Nature benefitted from Investment irs new plant and
machlnery, which g￿atlY enhanced our day to day work to keep our 32 sltes In good heart. A proactive policy of slte
enhancements continued.
Support for the Royal Isle of Wight Agricultural Soclety manifested itself In another successful Royal Isle of Wight County
Show, wlth increased v151tors numbers and exhibitors. The Societys well established Educ8tlon Day was once again
oversubscribed and was a Breat success, taking part in the Society's new pemianent buildin8.
The Defra funded Future Farming Reslllence Fund IFFRFI project to 5UPPOrt farmers and land manager5 via our Wlght
Rural Hub reached its conclusion. Worklng wlth partner5. In view of the value delivered by the hub, It was declded to
contlnue the work of the hub In 2025126 and hopefully beyond.
Natural Enterprise vla the Wlght Rurol Hub arranged the inauBural Isle of Wight Farming conferen￿ in February, which
brought together 160 farmers, land managers and ancillary trades. The wnference was a great success and wlll be
repeated In 2026.
Our partnership worklng and collaborative ethos contSnue to be key principles to our work.
Governance remains strong with the Trustees and Directors meeting on a regular basis, both formally and informally.
Page 2

NATURAL ENTERPRISE LTD
REPORT OF THETRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
Flnanclal position
Total income For the year amounted to £752,720 (2024 - £632,295). Costs of generating funds amounted to £17,501
12024- £50,144). Costs of charitable activitie5 amounted to £671.22612024- £569,866).
Unrestrlcted and restrlcted funds carried forward at the end of the year amounted to £269.085 12024 £209,318) and
£75,39912024- £71,173) respectively.
InvestmÈnt policy
The trustees have the power to invest In such a55ets as they see fit.
Reserves pollcy
The reserves pollcy remalns the retention of a level of unre5trlcted funds, not committed or invested In fixed a55ets,
equivalent to six months operatlonal costs. Thls reserve provides a buffer agalnst sudden or unexpected financlal change
and would allow the charlty tlme to adjust accordin81y.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constltutlon
Natural Enterprlse Is constituted under a Memorandum and Artldes of Association Incorporated 13 February 1997, and
amended 5 October 2010, 11 June 2019 and 22 July 2020, and Is a registered company1033181411. It Is also a reglstered
charity11083233}.
Inductlon and tralnlng of new trustees
All members of the trustee board are inducted and tralned in a timely fashion and understand thelr re5ponslbllltles. New
Trustees undergo orientation related to their obllgations In re5pert of charlty and company law, the memorandum and
articles of assoclatlon, and the declslon making process,
Rlsk management
The rlsk management strategy Is to conslder and regularly review the main rlsks the charlty may face, Systems are In
place to mltl8ate these risks and to implement procedures to minimi5e the Impact of dlfflcult events. A Risk Reglster is
maintained and updated on a regular ba515. The Re8lSter is formally reviewed by the Trustees at least annually or as
required, It Is the vlew of the Trustees that prudent risk management should aim to increase the level of flnancial
protection, and or8anlsatlonal flexibllity and is achieved by the current reserves pollcy.
REFERENCE AND ADMINISTR4TIVE DETAILS
Registered Company number
03318141 IEngland and Wales)
Reglstèred Charlty number
1083233
Reg15tered office
Shide Meadows Centre
Shide Road
Newport
Isle of Wlght
P030 IHR
Page 3

NATURAL ENTERPRISE LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Trustee5
The trustees setving durlng the year were as follows:
Mrs L A Clarke - Vlce Chairman
B G P Friend - Chairman
GRBiss
R Lovegrove
P DThomas
No trustee held zny Interest In the company during the twoyears ended 31 March 2025.
The Memorandum and Article5 of Association gives prescribed minimum and maximum numbers ol Trustees allowed,
being no less than two and no more than 51xteen.
Companysecretary
GRBISS
Independent Examiner
8riEht Brown Limited.
Chartered Account'ants.
Exchange House
St. Cross Lane
Newport
Isle of Wight
P030 58Z
Approved by order of the board of trustees on
. and signed on Its behalf by:
B G P Frlend - Trustee
Page 4

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
NATURAL ENTERPRISE LTIJ
Independent examlner's report to the trustees of Natural Enterprlse Ltd ('the Company'l
I report to the charity trustees on my examlnation of the accounts of the Company for the year ended 31 March 2025.
Rèsponslbllltles and basls of report
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for
the preparation of the accounts in actordance with the requirements of the Companies Act 20061'the 2006 Act'l.
Havlng satlsfied myself that the accounts of the Company are not required to be audlted under Part 16 of the 2006 Act
and are eliglble for independent examination, I report in respect of my examination of your charity's accounts as carrled
out under Sectlon 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examlnation I have followed the
Dlrectlons given by the Charlty Comm15sion under Sectlon 145151 Ibl of the 2011 Act,
Independent examlneT'S statement
Since your charity's gross income exceeded £250.OCIJ your examiner must be a member of a listed body. I can Conflrm
that l am quallfled to undertake the examlnation because l am a member of the Institute of Chartered Accountants In
England and Wales, which Is one of the listed bodies.
I have completed my examlnation. I confirm that no matters have come to my attention In connection wlth the
examlnation 8lvlng me cause to believe:
accounting records were not kept in respect of the Company as requlred by Section 386 of the 2￿6 Act. or
the accounts do not accord wth those records: or
the accounts do not comply with the accountlng requirements of Sectlon 396 of the 2006 Act other than any
requirement that the accounts gfve a true and falr view whlch is not a matter con51defed as part of an
independent examlnation: or
the accounts have not been prepared in accordance with the methods and prlnclples of the Statement of
Recommended Practice for accounting and reportlng by charities lapplicable to charltie5 preparing thelr
accounts in accordance wlth the Flnancial Reportin8 Standard applicable In the UK and Republic of Ireland IFRS
10211.
I have no concerns and have come across no other matters In connectlon wlth the examlnation to which attention
should be drawn in thls report In order to enable a proper understandlng of the accounts to be reached.
J Palmer
The Snstitute of Chartered Accountants In England and Wales
Brlght Brown Limlted
Chartered Accountants
Isle of Wight
Date:
Page 5

NATURAL ENTERPRISE LTD
STATEMENT OF FINANCIALACTIVITIES
(INCORPORATING AN INCOME AND EXPENOITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
9,467
9,469
5,680
Charitable actlvit5es
Gift to Nature
Charitable actlvitles
Island Rivers
Royal IW Agrlcultural Soclety
125,075
224,579
15,0
125,075
564,763
15,000
26,543
133,921
407,558
15,000
34,816
340,184
26,543
Other trading activltle5
Investment Income
Other income
1,057
1,057
9,293
1,520
29,664
5,356
3(hJ
9,293
1,220
Total
377,242
375,478
752,720
632,295
EXPENDITURE ON
Raising funds
12,746
4,755
17,501
50,144
Charitable a¢tlvltles
Gift to Nature
Charltable activltle5
151and Rivers
Royal IW AgrScuStural Soclety
126,375
231,698
28,467
126.375
475,862
28,467
40,522
125,307
390,768
15,040
38,751
244,164
40,522
Total
297,432
391,295
688,727
620,010
NET INCOME/IEXPENDITUREI
Transfer5 between funds
79.810
120,0431
115,8171
20,043
63,993
12,285
19
Net movement In funds
59,767
4,226
63,993
12,285
RECONCILIATION OF FUNDS
Total funds brought forward
209.318
71,173
280,491
268,206
TOTAL FUNDS CARRIED FORWARD
269,085
75.399
344,484
280,491
The notes form part of these financial ststements
Page G

NATURAL ENTERPRISE LTD
BALANCE SHEET
31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restrlcted
funds
Notes
FIXED ASSETS
Tanglble assets
14
66,248
66,248
9,008
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
15
16
1.950
121,537
434,672
54,826
326,3iX)
54,826
401,702
75,402
381,126
75,402
456,528
558,159
CREDITORS
Amounts falling due wlthln one year
17
1178,2921
(178,2921
1286,6761
NET CURRENT ASSETS
202,834
75,402
278,236
271,483
TOTAL ASSETS LESS CURRENT LIABILITIES
269,082
75,402
344,484
280,491
NET ASSETS
269,082
75,402
344,484
280,491
FUNDS
Unrestrlcted funds
Re5trScted funds
19
269.082
75,402
209,318
71,173
TOTAL FUNDS
344,484
280,491
The Charltable company Is entltled to exemptlon from audit under Sectlon 477 of the Companles Act 2006 for the year
ended 31 March 2025.
The members have not requlred the company to obtain an audit of Its flnanclal statement5 for the year ended
31 March 2025 In accordance with Section 476 of the Companles Act 2006.
The trustees acknowledge thelr responsibilitie5 for
lal
ensuring that the charitable cornpany keeps accounting records that comply wlth sections 386 and 387 of the
Companie5 Act 2006 and
preparing flnancial statements which give a true and fair view of the state of affalrs of the charitable company as
at the end of each financlal year and of its surplus or deflcit for each financial year in accordance wlth the
requirements of Sectlons 394 and 395 and which otherwise comply with the requirements of the Companies Act
21YJ6 relating to financial statements, 50 far as applicable to the charitable company.
Ibl
The notes fomi part of these financlal 5tstements
Page 7
continued.-.

NATURAL ENTERPRISE LTD
BALANCE SHEET- contlnued
31 MARCH 2025
These financial statements have been prepared in accordance with th.e provisions applicable to charitable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for Issue
. and were 51gned on its behalf by:
on
B G P Friend- Trustee
The notes fomi part of these flnancial Statements
Page 8

NATURAL ENTERPRISE LTD
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating actlvltles
Cash generated from operations
33.531
10,547
Net cash provlded by operating activitles
33,531
10,547
Cash flows from Investlng actlvities
Purchase of tangible fixed assets
Interest recelved
{75,794}
9,293
14,2971
5,356
Net cash (used In)Iprovided by investlnE activities
166,5011
1,059
ChangÈ In cash and cash equlvalents In the
repoTtlng pÈrlod
Cash and cash equlvalenls at the beglnnlng
of the reportlng period
132,9701
11,606
434,672
423,066
Cash and cash equivalents at the end of the
reportlng perlod
401,702
434,672
The notes form part of these financial statements
Page 9

NATURAL ENTERPRISE LTD
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
RECONCIUATION OF NET INCOMETO NET CASH FLOW FROM OPERATING ACTtVITIES
2025
2024
Net income for the reporting period {a5 per the Statement of Finandal
Activities)
Adjustments for:
Depreciation charges
Interest received
Decrease in stocks
Decreasellincreasel in debtors
IDecroasel/increase in creditors
63,993
12,285
18,554
19,2931
1,950
66,711
1108,3841
5,544
15,3561
3,990
152,3931
46,477.
Net cash provlded by operatlons
33,531
10,547
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Cash flow
At 31,3.25
Net cash
Cash at bank and in hand
434,672
{32.9701
401,702
434,672
{32,9701
401,702
Total
434,672
(32,9701
401,702
The notes form part of these financial statements
Page 10

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Basls of preparing the flnanctal statements
The financlal Statements of the tharitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities,. Statement of
Recommended Practice applicable to charlties preparing their accounts in accordance with the Financlal
Reporting Standard applScable In the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial
Reporting Standard 102 'The Flnand31 Reportlng Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2￿6. The financial ststements have been prepared under the historical cost conventlon.
Income
All Income is recognised In the Statement of Financial Activities once the charity has entitlement to the funds, it
Is probable that the Income will be recelved and the amount can be measured rellably.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
tharlty to that expenditure, It Is probable that a transfer of economic beneflts will be required In settlement and
the amount of the obligation can be measured reliably, Expenditure Is accounted for on an accrua15 basls and has
been classified under headings that aggregate all cost related to the category, Where costs cannot be directly
attrlbuted to particular headlngs they have been allocated to actlvitles on a basls conslstent wlth the use of
resource5.
Tan8lble flxed assets
Depreciation Is provlded at the followlng annual rates in order to write off each asset over its estimated useful
Long leasehold
Flxtures and fittings
Motor vehlcle5
Straight line over 125 years
20% on reducing balance and Stralght Ilne over 3 years
25% on reduclng balance
The cost of flxed assets is their purchase costs, tO8ether with any incldentsl expenses of acquisition.
The trustees consider the writlng down periods are adequate to reflect the useful economlc Ilves of the assets
and therefore that no impaimient review is necessary.
Stocks
stocks are valued at the lower of cost and net reallsable value, after making due allowance for obsolete and slow
movlng Items.
Taxation
The charity is exempt from corporatlon tax on its charitable 3Ctlvltles.
Fund accounting
Unrestricted funds can be used In accordance with the charitable objectives at the discretion of the trustees.
Restrlcted funds can only be used for particular restricted purposes within the objects of the charlty. Restrictions
arlse when specified by the donor or when funds are raised for particular restricted purposes. Expenditure
charged against the restricted fund represents revenue c05t5 incurred during the year for the purpose specified.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 11
continued.

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIALSTATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES-continued
Hire purchase and leaslng commltments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line ba515
over the period of the lease.
Penslon costs and other post-retirement beneflts
The charltable comp2ny operates a defined contribution penslon scheme. Contrlbutlons payable to the
charitable company's pension scheme are charged to the Statement of Financial Activitles In the period to whlch
they relate.
DONATIONS AND LEGACIES
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restrlcted
funds
Donatlons
9,467
9,469
5,680
OTHER TPADING AcfiviTIES
2025
Totsl
funds
2024
Total
funds
Unrestricted
funds
Restricted
fund5
Shop income
1,057
1,057
29,664
INVESTMENT INCOME
2025
Total
funds
2024
Total
fund5
Unrestricted
fund5
Restricted
funds
Deposit account interest
HMRC interest received
9,135
158
9,135
158
5,356
9,293
9.293
5,356
Page 12
continued...

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Activity
Gift to Nature
Gift to Nature
Gift to Nature
Gift to Nature
Charitable artivities
Charitable activities
Island Rivers
Royal IW Agricultural Society
Management Iwc
Town and parish counals
Grant5
Car park Income
Project Income
Grants
Grants
Prolert Income
64.355
27,375
20,437
12,908
92,659
472.104
15,000
26,543
63,869
34,141
20,002
15,909
94,371
313,187
15,000
34,816
731,381
591,295
Grants received, included in the above. are as follows:
2025
2024
Glft to Nature
Other grants
Island Rlvers
Future FarmSng Reslllence Fund
AppleyTower
Rural Payments Agency
20,437
136,187
15,000
107,228
219,809
8,880
20,002
88,989
15,000
125,684
98.514
507,541
348,189
OTHER INCOME
2025
Total
funds
2024
Total
funds
Unrestrlcted
funds
Re5trlcted
funds
Other income
Insurance clalms
3CK)
300
1.220
300
1,220
1.220
3(￿1
1.520
300
Page 13
continued...

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIALSTATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
RAISING FUNDS
Raising donation5 and legacies
2025
Totsl
funds
2024
Total
funds
Unrestricted
funds
Restrirted
funds
Fundraising expense5
12,334
214
12,548
9,754
Other tradlnE actlvitles
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restrirted
funds
Openlng stock
Purchases
Closing stock
Staff costs
Other operatin8 leases
Rates and water
Insurance
Li8ht and heat
Staff costs
P05t and statlonery
Travelling
Computer costs
Licences and subscriptions
Repalrs and renewa15
Sundry expenses
Bank charges
1,950
1,950
5,940
8,817
11,9501
16,160
7,000
866
589
1,504
403
83
78
141
1,504
403
495
78
141
412
80
340
52
391
437
95
2g.
1,056
40
236
236
106
106
412
4,541
4,953
40,390
Aggregate amounts
12,746
4,755
17,501
50.144
Page 14
continued..

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
CHARITABLE ACTIVITIES COSTS
Dlrect
Costs Isee
note 91
Glft to Nature
Charitable acttvities
Island Rivers
Royal IW Agrlcultural Soclety
126,375
475,862
28,467
40,522
671,226
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
2024
Staff costs
Insurance
Llght and heat
Telephone
Postage and statlonery
Advertlsing
Sundries
Local projects
Bank charges
Professlonal fees
Motor expenses
Travelling expenses
Staff costs
Bookkeeping
Rates and water
Repairs and renewals
Computer cost5
Llcences and subscrlptions
Unclaimable input VAT
Donatlons
Independent examination fee5
Independent examiners fee for non-IE work
Depreclatlon
269,017
12,154
6,379
889
3,900
9,349
720
302,960
866
5,640
5,420
1,125
2,411
1,920
543
5,509
3,618
170
15,127
3,000
1,505
450
18,554
207,865
7,459
6,784
1,107
2,473
3,626
286
248,247
1,099
34,255
5,866
259
5,942
1.920
1,102
4,082
8,525
205
21,770
1,450
5,544
671,226
569,866
Page 15
continued...

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIALSTATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
io.
NET INCOMEIIEXPENDITURE>
Net incomellexpenditurel is stated after Chargin￿{creditIngl'.
2025
2024
Depreciation - owned assets
Other operating leases
18,554
403
5,543
7,000
ii.
TRUSTEES, REMUNERATION AND 8ENEFITS
During the year, the charity paid Mr G Blss a gross remuneration of £52,586, and made employer pension
contrlbutions of £6,685 on behalf of Mr G Biss, for his role as the managing director, This 15 authorised under
provision as stated in the charity's 8overning document.
Trustees, expenses
The charity reimbursed expenses totalling £nil {2024- £1.2471 to O12024- 11 trustee.
12.
STAFF COSTS
2025
2024
Wages and salaries
Social securlty costs
Other penslon Costs
237,103
13,097
20.321
196,873
9,835
17,317
270,521
224,025
The average monthly number of employees during the year was as follows:
2025
2024
Charltable activities
No employees received emoluments in excess of £60,OIXI.
13.
COMPARATIVES FOR THE STATEMENT OF FINANCIALAcfiviTIES
Unrestritted
fund5
Re5tr1cted
fvnds
Total
funds
INCOME AND ENDOWMENTS FROTr
Donations and legacies
51
5,629
5,680
Charitable activities
Gift to Nature
Charitable activitles
Island Rivers
Royal IW Agricultural Soclety
133,921
151,779
15,000
133,921
407,558
15,ooa
34,816
255,779
34,a16
Other tradlng activities
Investment Income
29.664
29,664.
5,356
5.356
Page 16
continued...

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIALSTATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
13.
COMPARATIVES FOR THE STATEMENT OF FINANaAL AcfiviTIES- continued
Unrestricted
lunds
Restricted
funds
Total
funds
Other Income
300
300
Total
296,302
335,993
632,295
EXPENDITURE ON
Raising funds
9,754
40,390
50,144
CharStable actlvltles
Gift to Nature
Charltable activities
Island Rivers
Royal IW Agrlcultural Society
125,307
178,234
15,040
125,307
390,768
15,040
38,751
212,534
38,751
Tolal
261,039
358,971
620,010
NET INCOMEI{EXPENDITUREI
Transfers be￿een lunds
35,263
{26.4561
122,9781
26,456
12,285
Net movement in funds
8.807
3,478
12,285
RECONCILIATION OF FUNDS
Total funds brousht forward
200,509
67,697
268,206
TOTAL FUNDS CARRIED FORWARD
209,316
71,175
280,491
Page 17
continued.

NATURAL E￿fERpRIsE LTD.
NOTES TO THE FINANCIALSTATEMENTS- continued.
FOR THE YEAR ENDED 31 MARCH 2025
14.
TANGIBLE FIXED ASSErs
Fixture5
and
fittings
Long
leasehold
Motor
vehicles
Computer
equipment
Totals
COST
At l April 2024
Additlons
22.816
75,150
15,556
644
39,213
75,794
At 31 March 2025
97,966
840
16,200
115,007
DEPRECIATION.
At l April 2024
Char8e for year
17,281
16,929
630
210
12,294
1,415
30,205
18,554
At 31 Marth 2025
34,210
840
13,709
48,759
NET BOOK VALUE
At 31 March 2025
63,756
2,491
66,248
At 31 March 2024
5,535
210
3,262
9,008
All of the flxed assets are used in the dirert furtherance of the charlty's objectlves.
15.
STOCKS
2025
2024
Stocks
1,950
16.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR.
2025
2024
Trade debtor5
Other debtors
Prepayments
48.868
51,209
64,700
5,628
5,958
54,826
121,537
Page 18
contlnued...

NATURAL ENTERPRISE LTD
NOTESTOTHE FINANCIALSTATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
17.
CREDITORS,. AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditors
VAT
Other creditors
Deferred income
Accrued expenses
4,643
12,236
4,239
131,522
25.652
10,683
4,440
5,139
242,767
23,647
178,292
286,676
18.
LEASING AGREEMENTS
Minlmum lease payments under non-cancellable operatin8 leases fall due as follows..
2025
2024
Wlthln one year
Between one and five years
403
404
19.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31,3,25
At 1.4.24
Unrestrlcted funds
General fund
Future Farmin8 Resilience Fund
Fixed assets
205,325
3,993
69,951
9,856
186,2901
188,986
13,849
66,247
66,247
209,318
79,807
120,0431
269,082
Restrirted funds
Glft to Nature
151and Rivers
AppleyTower
West Wlght Greenway
70,507
666
4,895
113,4681
14,2101
13,0311
75,402
12,802
4,210
3,031
71,173
115,814}
20,043
75,402
TOTAL FUNDS
280,491
63,993
344,484
PaEe 19
continued.

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIAL STATEMENTS- continued..
FOR THE YEAR ENDED 31 MARCH 2025
19.
MOVEMENT IN FUNDS- continued.
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unre5trSrted funds
General fund
Future Farming Reslllence Fund
270,013
107,229
1200,0621
{97,3731
69.951
9,856
377.242
1297,435)
79,807
Re5trlcted funds
Gift to Nature
Island River5
Apple¥ Tower
West Wight Greenway
135,898
14,999
226,862
12,2811
1131,0031
128,4671
{231,0721
17501
4,895
113,4681
14,2101
13,0311
37S,478
1391,2921
(15,8141
TOTAL FUNDS
752,720
1688,7271
63,993
Compar3tlves for movement In funds
Net
movement
In funds
Transfers
between
funds
At
31.3,24
At 1,4.23
Unrestrlrted funds
General fund
Future Farming Resilience Fund
195,488
5,021
36,293
11,0281
126.4561
205,325
3,993
21X).509
35,265
126,4561
209,318
Restrlrted funds
Gift to Nature
Island Rivers
AppleyTower
66,992
705
3,515
1391
{26,4561
70,507
666
26.456
67,697
122,9801
26,456
71,173
TOTAL FUNDS
268,206
12,285
280,491
Page20
continued.,,

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THEYEAR ENDED31 MARCH 2025
19.
MOVEMENT IN FUNDS- continued
Comparative net movement In funds, Induded in the above are a5 follows:
Incoming
resources
Resources
expended
Movement
in funds
Unreslrlcted funds
General fund
Future Farming Resilience Fund
170,346
125,956
1134.0531
1126,9841
36,293
11,0281
296,302
1261,0371
35,265
Restricted funds
Gift to Nature
Island Rivers
Appley Tower
West Wlght Greenway
169,214
15,001
98.513
53,265
1165,6991
115,0401
{124,9691
153,2651
3,515
1391
126,4561
335,993
1358,9731
(22,9801
TOTAL FUNDS
632,295
(620,0101
12,28S
Glft to Nature Is the flagship con5ervatlon project of Natural Enterprise Ltd, looklng after 174 hectares of the Isle
of Wlght's countryslde, We deliver conservatlon projects In the public realm of the Island each year and
5pe¢lfically we..
look after countryside and green spaces on the Isle of Wight
help people improve the land they manage
run lots of interestln8 and fun events to Inform people about the importance of the Island's natural
environment
promote routes to access the countryside
look after special habitats and species
gSve advlce and support to people about how to do these things for themselve5
Island Rivers Is a project to develop a whole Island approach to the development and protection of rivers acfOSS
the Isle of Wight.
The Appley Tower fund represents funding secured to undertake renovations to the tower and delivery of a
heritage ensa8ement pro8ramme.
West Wight Greenway is a project to establish the link between Yarmouth and Newport and make It Possible to
travel across the Island from east to west and to join the NCN23 which run5 between the north and 50Uth coasts.
The Future Farming Resilience Fund represents funding received from Defra which allows the delivery of a range
of support measures to famiers and land manager5.
The fixed assets fund has been created because the trustee5 consider it necessary to disclose the value of
unrestricted fixed assets separately to the charity's other unrestricted funds in order to'show a more transparent
view of the charity and it's free and available reserves.
Page 21
contlnued...

NATURAL ENTERPRISE LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH Z025
19.
MOVEMENT IN FUNDS- continued
Transfers between funds
During the year, fund transfers have been prtscessed in order to rectify restricted funds that were in deficit, as
well as to show the value of the fixed assets separately as noted above.
20.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 22

.NATURAL ENTERPRISE LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restrlcted
fund5
INCOME AND ENDOWMEMrs
Donatlon5 and legacies
Donations
9.467
9.469
5,680
Other tradlng actlvltles.
Shop income
1,057
1.057
29,664
Investrnent Income
Deposit account Interest
HMRC Interest recelved
9,135
158
9,135
158
5,356
9,293
9,293
5,356
Charitable actlvltle5
.Prolect Income
Management IWC
Town and parlsh counclls
'Grants
Car park Income
114,432
4,770
64,355
27,375
255,246
12,908
119,202
64,355
27,375
507,541
12,908
129,187
63,869
34,141
348,189
15,909.
2S2,295
366,727
364,654
731,381
591,295
Other Income
other Income
Insurance clalms
300
1,220
300
1,220
1.220
300
1,520
300
Total Incoming resoU￿e$
377,242
375,478
752.720
632,295
EXPENDITURE
,Ralslng donations and legacies
Fundralsing expenses
12,334
214
12,548
9,754
.Other tradlng actlvities
Opening stock
Purchases
W3ges
Social security
Carried forward
1,950
1,950
5,940
8,817
14,519
541
29,817
1,440
1,440
3,390
3,390
This page does not form part of the statutory financial 5tatement>
Page 23

NATURAL ENTERPRISE LTD
DETAILED STATEMENT OF FINANCIALACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restrlcted
funds
Other tradlng actlvltle5
Brought forward
Pensions
Other operating leases
Rates and water
Insurance
Light and heat
Staff costs
Post and statlonery
Travelling
Computer costs
Llcences and subscriptions
Repairs and renewals
Sundryexpenses
Bank charges
Closing stock
3,390
64
403
83
78
141
3.390
64
403
495
78
141
29,817
I,ioo
7,(KJO
866
589
489
80
340
52
391
437
95
28
1,056
11,9501
412
40
236
236
ic
106
412
4,541
4,953
40,390
Charltable activities
Wages
Social security
Pen51ons
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundrles
Local projects
Bank charges
Professlonal fees
Motor exponse5
Travelling expenses
Staff costs
Bookkeeping
Rates and water
RepaSr5 and renewals
Computer costs
Licences and subscriptions
Unclaimable input VAT
DonatSons
Independent examination fees
Carried forward
115,276
5,251
8,082
7,890
3,308
607
3,900
3,477
692
84,014
78S
700
1.030
1,041
1,438
1.920
413
3,225
3,004
120,387
7,846
12,175
4,264
3,071
282
235,663
13,097
20,257
12,154
6,379
889
3,900
9,349
720
302,960
866
5,640
5,420
1,125
2,411
1,920
543
5,509
3,618
170
15,127
182,354
9,294
16,217
7,459
6,784
1,107
2,473
3,626
286
248,247
1,099
34,255
5,866
259
5,942
1,920
1,102
4,082
8.525
205
21,770
5,872
28
218,946
81
4,940
4,390
84
973
130
2.284
614
170
15,127
1,505
265,685
1.505
652,222
1,450
564.322
386,537
This page does not form part of the statutory financlal Statements
Page 24

NATURAL ENTERPRISE LTD
DETAILED STATEMENTOF FINANCIALAcfivimES
FOR THEYEAR ENDED 31 MARCH 2025
2025
Total
fund5
2024
Total
funds
Unrestricted
fund5
Restricted
funds
Charitable activi￿e5
Brought forward
Independent examlner5 fee for non-IE work
Depreciation of tangible fixed assets
265.685
450
18,554
386,537
652,222
450.
18,554
564,322
5,544
284.689
386,537
671,226
569,866
Total resources expended
297,435
391.292
688,727
620,010
Net Income/{expendlturel
79,807
IIS,8141
63,993
12,285
This paBe doe5 not form part of the Statutory financial statements
Page 25