Registered Charity: 1085654
M J Camp Charitable Foundation
Annual Report and Consolidated Financial Statements
for the year ended 30th September 2025
Compass Accountants Limited
Venture House
The Tannerie5
East street
Titchfield
Hampshire
P014 4AR

M J CAMP CHARITABLE FOUNDATION
Content5
Page
Referen￿ and administratwe details
Report of the Trustees
Statement of Trustees, Responsibilities
Independent Auditor's Report
Consolidated Statemet7t of Financial Activities
io
Consolidated Balan￿ sheet
li
Consolidated Cash flow statement
12
Notes to the financial statements
13-19

M J CAMP CHARITABLE FOUNDATION
Trustees, Report for the year ended 30th September 2025
Reference and administrative details
Trustees
Ms Ann Roger5
Mr Richard Weeke5 {reslgned 12 December 2024)
Mr Chris Dri5coII
Ms Helen Spinner
Mr Paul Barker (appointed 9 July 2025)
Secretary
Mr Pete Dent
Charity Reglstration Number
1085654
Principal office
Li)wer Tye Farm
Copse Lane
Hayling Island
Hampshire
POII ORQ
Auditor
Compass Accountants Limited
Venture House
The Tanneries
East street
Titchfleld
Hampshire
P014 4AR
Bankers
Coutts & Co
440 Strand
London
WC2R OQS
Page I

M J CAMP CHARITABLE FOUNDATION
Trustees, Report for the year ended 30th September 2025
The trLF5tees present the annual report tryJether with the firTrancial statements and audltors, report of the charity for the
year ended 30th September 2025.
Batkground of the charlty
The foundation was established by trust deed on 215t De￿mber 20DO with the intentlon of providing a structure to
formalise the altruistic activities of its principal founder, Michael James Camp. Folk)wing the death of Mr Camp i
February 2013, the foundation received by way of a legacy the whole of the issued share capital of St Hermans Estate
Co Limited I"The Company"), a a)mpany which had been wholly owned by Mr Camp.
Objectives and activities
The Objerts of the foundation are:
a) To promote for the benefit of the public the recording, stLKiy and protection of places and objects of natural
beauty or of ornithological, botanical, silvicultural, geological, zoological, archaeological, historical or
sclentific interest in the Unlted Kinglom and in Hayling Island in particular and to advan￿ public education
in the conservation of such places and objerts;
b) To promote, encourage and assist the restoration to good and navigable orckr and the MaIntenan￿ arKI
improvement of canals and other inland waterways of the United Kingdom for the public benefit and to
educate the public about inland waterways, their historyi constFUCtion, use, development and operation,.
c) To relieve the suffering of horses, tx)ntes and donkeys which are unwanted, sick or neglected or are in need
of care as a restjlt of cruelty or ill-twtment and to suptK)rt (financially or Othe￿ISe) the establlshment or
maintenance of rescue homes or $3nrtuarle5 for the care and rehabilitation of such animals,
d) To advan￿ the education of the public by promoting interest in and appreck?tion of and preservlng for public
benefit hlstoric vehicles and in particular steam trains, and all equipment, buildings and other items of
general transport or historic Inte￿$t which may have been used In coni)ettion with such vehicles,.
e) To establish or sUPPOrt community transport schemes for the benefit of the inhabitants of local communities
in the United Kingdom,.
Such other charltable purposes a5 the trustees may from time to time in their discretion decide.
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have
due regard to the public benefit guidance published by the Charity Commission for England and Wale5.
Objectlves, aim5 and strategies
The foundation's aims are to comply wilh the objects of the charity as described above by making grants to suitable
charities in accordance with the Interests of its foundin9 princlpal Michael James Camp,
It Is the opinion of the trustees that the achievement of the foundation's aim5 by making grants will fulfil its legal
obligations as contained in the trust deed.
The foundation'5 Strategles for achleving Its stated aims and objectives are to Identify suitable charitable organi53tions
to SUPPDrt, partly by selection from appIl￿tIonS received by the foundation and partly as a result of research carried
out by the trustees to identify suitable recipients for grants.
The twstees assess su￿$$ during the reporting perit)d by assessing the ratlo of grants made to income re￿IVed from
the company. During the year ended 30th September 2025 the ratio was 95010 (2024.. 1020/0) and the trustees anticipate
that this ratio is likew to be similar in the year endlng 30th September 2026,
Page 2

M J CAMP CHARITABLE FOUNDATION
Trustees, Report for the year ended 30th September 2025
The maln activities of the foundation during the year were grants made to a variety of charltable organisations in
keeping with the objects of the foundation [￿ below for a schedule of grants made).
Actlvltles and performance
The overall expendlture of grants was £574,000, which was a decrease compared with the previous yearfs expenditLtre
of £662,805, due to the fall in income recelved by the charity.
Grants made for the year ended 30th Septemter 2025 were as follows..
Hampshlre & IOW Alr Ambulance
Tlie Wey & Arun Canal Trust
Rowans H05pice
RNLI
South Downs National Park Trust
The Brooke
Bumblebee Conservation Trust
SPANA
Ability Dogs 4 Young People
Redwings Horse Sanctuary
People4Ponies
Brent Lodge Wildlife Trust
Moorland Mousie Trust
National Railway Museum
Motiv8
The Rainbow Centre
Final Straw
Elizabeth Foundation
Saving Souls
Worldwide Veterinary Servl
225,000
190,000
95,000
30,000
4,000
3,000
1,000
3,000
2,000
2,000
3,000
4,000
2,ODO
1,000
500
500
1,000
3,000
2,000
2,000
574,000
The trustees consider that each of these grants to charities were made In accordance wlth the aims and objectlves of
the foL(ndatIC￿ were demonstrably for public benefit.
No fundraising wa5 carried out by the foundation during the year, as it is wholly funded by the company,
The foundation is continuing to receive a much higher woportion of appropriate appllcations from suitable charltable
organisations during the year. The trustees consider it onty a minor negative fartor that there are Still a numI￿r of
wholly unsuitable applications for funding belng re￿ived.
Financial review
During the year ended 30th September 2025 the foundatlon received a payment under gift aid of £603,930 (2024..
£650,000) from the company. The foundation also had a bank balan￿ at 30th September 2025 of E127,530 {2024:
£102,105), giving total free re5erve5 (after dedurting creditors) of £123,530 (2024,. £98,305).
Total group funds at 30th September 2025 were £17,679,381 {2024'. £17,402,271).
The companws main asset is land and bulld51)gs on Hayling Island, owned in connectlon with its bu5ine55 of the
0￿ratIOn of residential and holiday static caravan parks. Since the date of acquisltion of the share capital, the company
has continued to be managed by its board of directors, with the objective of running at a sufficient profil to enable the
foundation to fulfil its charitable objects satisfattoriSy.
The trustees do not consider that there are any significant finallcial risks or uncertalntte5 fac¢ng the foundation, The
trading perforrnan￿ of the company Is strong and should remaln so for the foreseeable fLTrture,
Page 3

M J CAMP CHARITABLE FOUNDATION
Trustees, Report for the year ended 30lh September 2025
Reserves policy
The foundation has not at present adopted any specific overall reserve5 policy, but the trustees are actively considering
what form thls policy might take in future years.
The pollcy In respect of the company is for the company to hold sufficient working capltal to enable day to day
operations to continue and sufficient reserves to allow for the Possible acquisition of further land for expansion of the
caravan parks business.
Plans for future periods
The trust￿8 intend th3t the foundat¢on wlll continue tts operations of identifying and making grants to charities which
are In accordance with the foundation's objects and will also provide public bellef￿.
In order to carry out this plan more effertively the trustees would welcome application5 for fundlng from any charities
which meet or are likely to meet the objects contained in thls report.
stnKturei governance and management
The govemlng document of the foundation is Ihe trust deed dated 215t De￿mber 2C()O. Accordlng to the deed, there
must be at least two and not more than six trustees. Following the death of Michael James Camp in February 2013
and in accordance with the provisions of the trust deed, a new or addiitonal trustee is now appointed by a resolution
of the trustee5.
The company has a management team comprisirwJ the managing director, the technical director, the company secretary
and the office manager.
The trustees normally aim to convene one main meeting per year, with supplementary meelings as and when required,
in order to review grant Jpplications and make decisions as to which charities to support. Day to day mai)agement of
the foundation is the responsibility of the trustees.
None of the trustees receive any remuneration in respett of their activitie5 on behalf of the foundation, although two
of the trustees receive remuneration frotn the company in respect of their roles withln the company.
Financial instruments
Objective5 andpolicies
The group's activitie5 expose it to a number of financial risks, including credit risk, cèsh thw risk and liquidity risk, The
Use of financial derivatives is governed by the group's poI￿leS approved by the board of trustees, which provide written
principles on Ihe use of financial derivatives to manage these risks. The group does not use derivative financial
instruments for speculative purposes,
Credit risk
The group's principal financial a55ets are bank balances and cash, trade and other receivables, and investments. The
group's credit risk is priinarily attributable to its trade receivables. The amounts presented in the balance sheet are net
of allowances for doublful re￿1vable5. An allowance for impairment is made where there 15 an identified loss event
which, based on previous experience, 15 eVKIEn￿ of a reduction in the recoverability of the cash flows.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are bank5 With
high credit-rating5 assigned by international credit-rating agencies.
The group has no signifKant concentration of credit risk, with exposure spread over a large number of counterparties
and customers.
PagÈ 4

M J CAMP CHARITABLE FOUNDATION
Trustees, Report for the year ended 30th September 2025
LIqu￿ltyri5k
In order to maintain liquidity to ensure that sufficient funds are avaifable for onwing operations and future
developments, the group uses a mixture of long-term and short-temi debt finantr.
Dlsclosure of information to auditor
Each trustee has taken steps that they ought to have taken as trustee in order to make themselves awa￿ of any
relevant audit information and to establish that the charity's auditor is aware of that information. The trustee5 confirm
that there is no relevant information that they know of and of which they know the auditor 15 unaware.
The annual report was approved by the trustee5 of the charity and signed on its IEhalf by-
Mr Paul Barker
Trustee
Date.. Zo It(a￿ 2c)'26
Page 5

M J CAMP CHARITABLE FOUNDATION
Statement of trustees, responsibilities for the year ended 30 Septemher 2025
The Trustees are responsible for preparing the Trustee5' Annual Report and the financlal statements in
accordance with applicable law and United Kingdom Accounting Standards {Un5ted Klngdom Generally
Accepted Accounting Practi￿).
Charity law requires the Trustees to prepare financial statements for each financial year, which give a true
and fair view of the state of affairs of the charity and of the incoming resources and appllcation of resources,
including the income and expenditure, of the charity for that period. In preparing these financial statements,
the Trustees are required to.,
select suitable accounting policie5 and then apply them consistently,.
observe the methods and principle5 in the Charities SORP FRS 102 (2019);
make judgements and estimates that are reasonable and prudent,,
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
prepare the financial Statements on the going contrrn basis unle55 It Is inappropriate to presume
that the charitable company will continue In operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial PDSltion of the charlty and enable them to ensure that the financial statements comply
with the Charities Act 2DI I, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the
tmst deed. They are also responsible for safeguarding the assets of the charity and hen￿ for taking rea50noble
steps for the prevention and detection of fraud and other irregularities.
Mr Paul Barker
Trustee
Date.. ZO '201&
PagÈ 6

M J CAMP CHARITABLE FOUNDATION
Independent Auditor's Report to the Trustees of M J Camp Charltable Foundation
Opinlon
We have audited the financial statements of M J Camp Charitable Foundatlon (the 'parent charity'l and its
5ubsldiary (the 'groupJ for the year ended 30th September 2025 whlch comprise the Statement of Financlal
Activity, the Balance Sheet, the cash flow statetnent and notes to the financial statements, Including significant
accountlng policies. The financial reporting framework that has been applied in their preparation is applicable
law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financi81
Reporting Stèndard appI￿able In the UK and Republ￿ of Ireland (United Kingdom Generally Accepted
Accounting Practice).
In our opinion the financlal statements:
give a true and fair view of the state of the group's and parent charity's affair5 as at 30111 September 2025,
and or the group's incomlng resoLfrces and application of resources, includSng its income and expenditure
for the year then ended,,
have been properly prepared In accordance with United Kingdom Generally Accepted Accountlng Practi￿.
and
have been prepared in accordan￿. with the requirements of the Charitles Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilitie5
for the audit of the financial statements section of our report. We are independent of the charity in accordance
with the ethical requirements that are relevant to our audlt of the financial statements in the UK, including the
FRC'5 Ethical Standard, and we have fulfilled our other ethical responslbilitie5 in accordance with ihese
requirements, We believe that the audit eviden￿ we have obtained is 5ufficlent and appropriate to provide a
basis for our oplnion.
Conclusions relating to golng concern
In auditing the financlal statements, we have concluded that the trustees, use of the going con￿r￿ basi5 of
accounting in the preparation of the financial statements Is appropriate.
Based on the work we have performed, we have not identified any material uncertaintie5 relating to events or
conditions that, individually or collertively, may cast sSgnlflcant doubt on the charitable group or parent
charity's ability to continue a5 a going concern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the ￿SponSibl11t1es of the trustees with respect to going con￿rn are described in the
relevant sectlons of this retK)rt.
other information
The other Information comprlses the Information included in the trustees annual report, other than the financial
statements and our auditor's report thereon, The trustees are responsible for Ihe other information contalned
within the annual report. Our opinion on the finBnclal statements does not cover the other information and,
ex￿p¢ to the extent otherwise explicitly stated in our report, we do not express any form of assurance
concluslon thereon.
Our responsibility is to read the other Information and, in dolng so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise
appears to be materially misstated, If we identify such material inconsistencies or apparent material
mlsstatements, we are required to deteimine whether there is a material mlsstatement in the financial
statements or a material misstatement of the other iiiformation. If, based on the work we have performed,
we conclude that there is a material mlsstatement of thls other information, we are required to report that
fact.
We have nothing to report In this regard.
Page 7

M J CAMP CHARITABLE FOUNDATION
Independent Auditor's Report to the Trustees of M J Camp Charitable Foundation
Matters on whlch we are required to report by exception
We have nothing to report In respect of the following matters In relatlon to which the Charities (Accounts and
Reports) Regulations 2008 require us to ￿port to you if, in our opinion..
the informatlon glven In the financial statements is incon5iSteRt in any material respect wilh the trustees,
report,. or
sufficient accounting records have not been kept,. or
the financial statements a￿ not in agreeinent with the accounting records,. or
we have not received all the information and explanations we requlre for our audit.
Responsibilities of trustees
As explained more fully in the trustees, respon5ibilitles slalement lset out on page 71, the trustees are
re5rxinsible for the preparation of financial .£tatcments which give a true and fair view, and for such internal
control as the trustee5 determlne is necessary to enable the preparation of financial statetnents that are free
from material misstatement, whether due to fra[￿ or error.
In preparing the financial statements, the trustees are responslble for assessing the group and parent's ability
to continue as a going concern, disclosing, as applicable, matters related to going Con￿[￿ and using the going
con￿rn basis of accourbting unless the trustees either intend to liquidate the group or the parent charity or to
cease operations, or have no realistic alternative but to do 50.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under sectlon 151 of the Charitles Act 2011 and report in accordan￿ with
the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statetnents as a whole are free
from material misstatement, whether due to fraud or error, and to Issue an alfditor's report that includes our
opinion. Reasonable assurance 15 a high level of assuran￿, but is not a guarantee that an audi( conducted in
CCOrdan￿ with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or In the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financlal statements.
Irregularitie5, Including fraud, are instan￿5 of non-complian￿ with laws and regulations. We design
prO￿d￿re$ in line with our responsibilities, outllned above, to detect materFal misstatements In respect of
irregularities, Including fraud.
The specific procedures for this engagement and the extent to whlch these are capable of detecting
irregularities, including fraud is detailed below;
We gained an understanding of the legal and regulatory framework applicable to the charlty and the
sector in which it operates through discussioris wlth management, sector research, and the application
of relevant audit knowledge and experien
We made enquiries of management around actual and potential litigation and claims
We made enquiries of management and relevant staff, and designed our audit procedures, Including
revSewing flnancial statement disclosures and testing of supporting documentation, to assess compliance
wlth applicable laws and regulal"ions. We focussed on laws and regulatlons which could give rise to
material misstatement in the financial statements includlng, but not limlted to, the Charities Act 2011, the
Charities SORP, and the Financial Reporting Standard 102.
We identified the risk of material misstatement of the financlal statements due to fraud and deslgned
audit procedures to respond to the risk. We performed audit procedures designed to addres5 the risk of
fraud arlsing from management override of controls, including, but not limited to, testing of journal entrles
and other adjustments, reviewing accounting estimates for eviden￿ of bias, and evaluating the busines5
rationale of significant transactlons outside the normal course of business
Page 8

M I CAMP CHARITABLE FOUNDATION
Independent Auditor's Report to the Trustees of M J Camp Charitable Foundation
Because of the inherent limltatlons of an audlt, there is a risk that we will not detect all irregularities, Including
those leading to a material misstatement In the flnancial statements or non-compllance with regulation. This
risk increases the more that compliance with a law or regulation Is removed from the events and tran5action5
reflected in the financial statements, as we will be less likely to become aware of instan￿5 of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involve5
intentional concealment, forgery, collusion, omission or misrepresentation.
A further descriptlon of our responsibilities for the audlt of the financial statements is located on the Financlal
Reporting Council'5 website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our
auditor's report.
Use of our report
This report 15 made solely to the charlty's trustees, as a body, in accordance with Part 4 of the Charities
(Accounts arsd Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
charity's trLJStee5 those matters we are required to state to them in an auditor's report and for no other
purpose. To the fullest extenl permitted by law, we do not at￿pt or a55ume responsibility to anyone other
than the charity and the charity's trustees as a body, for our audit work, for thls report, or for the opinians we
have formed.
Com
Chart
assA
untants Limited,
ccountants and Statutory Auditor
Venture House, The Ta￿nerieS
East Street, Titchfield
Hampshire, P014 4AR
Date.. 22 JJJJJtsLy
201
Comp3ss Accountants Limited is eligible to act os an auditor in tenns of sectlon 1212 of the compa11￿5 Act
2006.
Page 9

M J CAMP CHARITABLE FOUNDATION
Consolidated Statement of flnanclal activities {Incorpor3ting the income and expenditure account)
For tho year ended 30, September 2025
Unrestricted
funds
2025
Total
Unreslrlcted
funds
2024
Total
Notes
Income from..
other Iradin8 atlivitles
Invektment income
other incorne
2,161,519
185,539
5,264
2.161,519
185,539
5.264
2,215,936
199,493
3,789
2,215.936
199,493
3,789
Total income
2,352,322
2,352,322
2,419.218
2,419,218
Expenditure on..
Raising funds
Charitable aclivities
1,496,507
578,705
1,496,507
578,705
1,406,019
667,123
1.406,019
667,123
Total expenditure
2,075.212
2,075,212
2,073,142
2,073,142
Net intome
277,110
277,110
346,076
346,076
Transfers between funds
Net movement in funds
277,110
277,110
346,076
346,076
ReconGlliatlon of funds..
Funds brought fo¥ward
17,402,271
17,402,271
17,056,195
17.056.195
Tot31 funds carrled forward
17,679,381
17,679,381
17,402,271
17,402,271
The notes on pages 13 to 19 form an integral part of thesè flnanclal statements.
Page 10

M J CAMP CHARITABLE FOUNDATION
Bal?nce Sheet
th
as at 30 September 2025
Group
2025
Group
2024
Charlty
2025
Charlty
2024
Notes
Fixed assets
Tangible asset5
Investments
12,548,721
12,674,147
io
14,447,936
14.447,936
12,548,721
12.674,147
14,447,936
14,447,936
Current assets
stocks
li
242,210
146.695
5,138,221
371.240
340.401
4,354,062
Debtors
Cash at bank and In hand
12
127,530
102,105
5.527,126
S,065,703
127,530
102,105
Liabllltles:
Cieditors falling due within one year
13
1392.4701
1333,1531
14,0001
13,8001
Net current assets
5,134.656
4,732,55
123,530
98,305
Total assets less current liabilities
17,683,377
17,406,697
14,571.466
14,546,241
Provisions
14
13.9961
14,4261
Net assets
17,679,381
17,402,271
14,571,466
14,546,241
Funds
Unrestrlcted lund5
Unrestricted funds
Oesignated funds
Rev31uatlon reserve
Is
127.530
17,232,232
319.619
102,105
16,980,547
319,619
127,530
14,443.936
102,105
14,444,136
Total funds
17,679.381
17,402,271
14,S71,466
14,546,241
The financial statements were approved and autho¥ised for És5ue by the 8oard of Trustees and signed L)n it5 behalf bv..
Ms A Rogers
On behalf of the Board of T¢ustees
Date,. 20 101 1101
The notes on page5 13 to 19 form an 5ntegral part of these finan¢lal statements.
Page 11

M J CAMP CHARITABLE FOUNDATION
Consolidated Cash Flow Statement for the year ended 30, September Z025
Group
2025
Group
2024
Cash flows from operatin8 actlvltles..
Net cash provided by (used Inl operatlng acllvities
667,228
1115,1711
Cash flows from Inve511ng activitles:
Income from investments
Purchase of fixed assets
Protèeds from sale of fixed assets
185,539
1157,2801
88,672
199,493
1230.5191
40D.000
Net cash provlded by lused Inl Investlng activitles
116,931
368.974
IDec¥ea5el/lncrea5e in cash Bnd cash equivalents In the year
784,159
253,803
Cash and cash equivalents at l October 2024
4,354,062
4,100.259
Cash and cash equlvalents at 30 September 2025
5.138,221
4,354,062
Net income for the reporting period
Depreclation and impairmÈnt
IProlitl11055 on dlsposal of fixed assets
Income from inve5tmEnts
Iln¢reasel/Dec¥ease in stocks
Iincreasel/Deciea5e in debto¥s
IDecreasel/lncrea5e in creditors
IDecreasel/lncrease in provisions ftsr liabilities
277,110
61,536
132,498
1185,5391
129,030
193.706
59,317
14301
346,076
22,060
1262,1761
1199,4931
182,676
183,7591
1120,7781
223
Net cash piovided by lused Énl operatlng activitie5
667,228
1115.1711
Page 12

M J CAMP CHARITABLE FOUNDATION
Notes to the financial statements
for the perlod ended 30, September 2025
Accounting policles
Charlty information
M J Camp charitable Foundation 15 a registered charilv, number 1085654. The registered address is Lower Tye
Farm. Copse lane, Hayllng Island, Hampshire. POII ORQ.
M J Camp Charitable Foundation rneets the defjnltlon ol a public benefil entily under sectlon 34 of FRS 102. Assets
and liabilities are initially recognised at histoKlcal cost or transaction value, unless otherwise stated in the relevant
accounting policv.
The prlncipal objectives of the charlty are detailed in the Trustee5' report.
Basis of accounting
The financial statements have been prepared in acctsrdance with Accounting and Reporting byChaTltie5: Statement
of Recoinmended Practice applicable to ¢harltles preparing their account5 in accordance with the Financial
ReportinE Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2019, the Financial
Reporting StandBrd applicable in the United Kingdom and Republlc of Ireland IFRS 1021, and UK GenefallyAccepted
AccountinE Practice.
The financial statements are presented in sterllng which is the functional currency of the charily. Monetary
amounts in these financial statEment5 are rounded to the nearest £.
Consolidated financial statements have been prep3rEd in respect of the charity and IES wholly owned subsidiarv,
St Herma¢)s Estate Co Limited. The Consolidated Statement of Financial Activities includes the results ol St Hermans
Estate Co Llmited as single Ilne items. The Consolidated Balance Sheet includes Ihe net assets of St Hermans Esiate
Co limited on a Ilne by line b3%Is.
1.3. Going concern
The trustees consider that Ihere are no malerial uncertainties about the group's ability to continue a5 a goinE
oncern nor any signilicant areas of uncertainty that affect the carrying value of asset5 held by the group.
Income
Income is re£ognised when the charity has entitlement to the funds, any performance condltions altached to the
items of Income have been met, it 15 probable that the income will be received and the amount can be measu¥ed
reliably. The following specific polÉcies are applied to particular categorlès ol income..
other tradlJ)g actlvlties
Tliis arises from the activities of the trading Subsidiary and mainly comprise5 the operatlon and management of
camping, caravan and mobile home sites.
Investment income
Invèstment income 15 recognised once noiilied.
Where items and services have been donated, the value of the donalion ha5 been assessed by the Trusteès.
Expenditure
Expendllure 15 recognised orbce there is a legal tsr ¢onstructive obllEation to that expendltu¥e, il Is probable
settlement is requlred and the amount can be rneasured rellably. All costs are 3teo¢Jnted lor on an accruals basis
and allocated to the appllcable expÈnditure heading that aggregate similar costs to that category. Where costs
cannot be diTectly attribuled to partScular headings. they have been allocated to attivltles on 2 basls consistent
with the use of resources.
RalslnE funds
Yhese are costs iricurrÈd in tradin8 activities that raise funds.
Page 13

M J CAMP CHARITABLE FOUNDATION
Notes to the financial statements
for the perlod ended 30, September 2025
Charitable actlvlties
charitable expenditure cc>mprises those costs Incurred by ihe charity the delivery of it5 actlvltie5 and services
for it5 beneliciarie5. It includes both tosts that can be allocated directly to such activlties and those costs of an
indirecl nature necessary to support them.
Grant expenditurÈ
Grants are given in accordance with the aims and trbjective5 of Ihe Charity and are accounted ftsr once made by
the Trustees.
Goveinance costs
These include the costs 3ttributable to the charitvs compliance with constStutional and statutory requlrements,
Incl￿ding audit, strategic mic nageinent and trustees, meetings and reimbursed expenses,
Tangible flKed assets and depreciation
Tangible fixed a55ets witli a c05t or value greateT thatl £100 and a useful life exceedinE one year are capitalised
and stated at historic cost less accumulated depreciation. Depreciation is provided at rates calculaied to write off
the c05t less residual value of each asset over it5 expected useful life, as follows:
Buildings
Park Homes
Plant and machinery
2% Straight line
5% straight Ilne
20Yo reducing balance
Investments
Investinent5 in stsbsidiarieg and associates are measured at deemed c05t less impairment.
stock
Stock is valued at the loweT of cost and esiimate selling price less costs to complele and sèll, after due regard lor
obsolete and slc>w moving stocks. Cost is determlned using the first in. first ovi method.
Financial Instruments
The Charity has elected to apply the provisions ol Section 11 'Basic Financlal Instruments. and Section 12 '0ther
Financial Instruments15sue5' of FR5102 to all of its financial Instruments.
The chaTlty only has financial assets and Ilhancial liabilities ol a kind that quallly as b35TC financial instruments.
These are lecognised at t¥an5action value and subsequently measured at their settlement value.
Financial assets and liabilities are offset, with the net amounts prèsented in the financial statements. when there
Is a leEally enforceable right to set ofl the recognised amounts 2nd there is an intentlon to 5p.ttle on a net basis or
to reallse the asset and seltle the liabllity simultaneously.
Income from other trading activities
Unrestrlcted
funds
Designated
Unrestrlcted
2025
Total
funds
Designated
2024
Total
Sale of gotsds and servlces
2,161,519
2.161,519
2,215,936
2.215,936
Page 14

M J CAMP CHARITABLE FOUNDATION
Notes to the financial Statements
for the period ended 30, September 2025
Investment income
Unrestricted
Unreslrlcted
furtds
De51Enated
funds
Deslgnated
Z025
2024
Total
Total
Inlerest receivable on bank deposits
185,539
185,539
199,493
199.493
Expenditure on charitable actlvlties
Unrestricted funds
Deslgnated
General
Unrestricted funds
Deslgnated
General
2025
20Z4
Grant funding of activitie5
Governance cost%
574,000
705
574,000
4,705
662,805
518
662,805
4,318
4.000
3,800
4,000
574,705
578,705
3,8[
663,323
667,123
Governance costs
Unrestrlcted funds
General
Unrestricted funds
Deslgnated
Genetal
Deslgnated
2025
2024
Audit fees
4,000
4,000
705
3,800
3,800
518
other governance c05tS
705
518
4.000
705
4,705
3,800
518
4,318
Net incoming resources for the year
2025
2024
Net outgoing resouices Is staled after ¢harglng'.
Audit fees
Depreciation and other amounts written off iangible fixed assets
Profitlllossl on disposal of fixed assets
4,000
61,536
94,836
3,800
22,050
259,593
Pa8e IS

M J CAMP CHARITABLE FOUNDATION
Notes to the financlal statements
lor the period ended 30, September 2025
Employee costs
Grot(p
2025
Group
2024
Charlty
2025
charity
2024
Employment Costs
Wage5 and salaries
Social securily costs
Deflned contribution pension costs
349,888
34,156
3.788
359,408
38,429
ICI,605
387.832
408,442
Key management personnel
Employee benefits received by koy managen)ent personnel total £204,81612024.' £221,087) whlch included
employers, national Énsurance contributions.
HIBher paid employees
Tho number of employees who earned more than E6CTr,000 durlng the year wa5 as follows:
2025
2024
£IOO.001 to £llO,OOD
£130,QOI to £140,000
£140,001 to £150.000
Number of employees
The average monthly number of employees (full lime equivalentl during the perlod was as follows..
2025
2024
There was no remUnerat￿Otl or other benefits paid by the charily to the Trustees fDr the year erhdEd 30th
September 202512024.. ENIII. Two of the Trustee5 received remuneration from the trading company totaling
£204,81612024: £221.0871.
No trustee expense5 have been incuired during the year.
Taxation
All of the tharity's income is applied foT charitable purpos@s and therefoie the charity 15 exempt frDm corporation
tax.
Page 16

M J CAMP CHARITABLE FOUNDATION
Notes to the financlal statements
for the period ended 30, September 2025
Tangible flxed asset5
Land ani4 Furnilure and
buildings
equipment
Total
Cost
At l October 2024
Addilion5
Disposals
Impairments
12,496,901
372,285
157,280
1273,8051
150,0001
12,869,186
157,280
1273.8051
150,0001
At 30 September 2025
12,496,901
205,760
12,702,661
Depreciation
At l October 2024
charge for the year
On disposals
28.507
3,321
166,532
8,215
152,6351
195,039
11,536
152,6351
At 31 Seplember 2025
31,828
122,112
153,940
Net book values
At 30 September 2025
12.465.Q173
83,648
12,548,721
AI 30 Seplember 2024
12,468.394
205,753
12,674.147
10. Investments
Chzrity
2025
Z024
At deemed c05t
14,447,936
14,447,936
The investment is Ihe entire Issued share capital of the followlng UK registered cornpany..
Reserve5
2025
Reserves
2024
Country
Company rhumber
Share capital
st Hermans Estate Co
Lln)Ited
England
00421344
loo%
10,991,360
10,745,778
PaEe 17

M J CAMP CHARITABLE FOUNDATION
Notes to the financial statements
for the perlod ended 30, September 2025
Summary of trading results:
Profit and Loss Account
2025
2024
Turnover
CcTrSt ol sales
2.089.146
1476,1661
2,141,392
1655,4451
1,485,947
152,2181
11,344,338)
83,887
Gross Profit
Distribution costs
Admlnlstrative expense5
oiher operatlng Income
1,612,980
155,1341
11,438,499)
76,703
Operating profit
other Interest ieceivable
196,050
185,618
173,278
199,620
Prolitlllossl for year before taxatiori
Taxation
381,668
1136,0861
372,898
138.5891
Retained profit/l10551 loi the period
245,582
334,309
11, Stock
Group
2025
Group
2024
charitv
2025
Charlty
2024
Stocks
242,210
371,24D
12. Debtors
Group
ZOZ5
Group
2024
Charlty
2025
Charlty
2024
Trade debtors
Prepayments
62,487
84.208
276,897
63,504
146,695
340,401
13. Creditors
Group
2025
Group
2024
Charlty
2025
ChaT4ty
2024
other creditor5
Taxatlon and social securitv
Accruals
42,609
149,456
200,405
10,853
49,274
273,026
4,000
3,800
392.470
333,153
4,000
3.800
Page 18

M J CAMP CHARITABLE FOUNDATION
Notes to the financial statements
for the period ended 30, Septomber 2025
IQ Provlslons for liabilities
Group
2025
Group
2024
Charlty
2025
Charity
2024
Oefèrred tax
3,996
4.426
15.
Net 855ets between funds
Unrestricted funds
General Deslgnated
Total
202S
Tangible flxed assets
Current a55ets
12,548,721 12,548,721
5.399,596
5,527,126
1392,4701 1392,4701
13,9961
13.9961
127,530
Currenl Ilabilities
Provisions for liabilit¥es
127.530 17,551,851 17,679,381
Unrestrlcted funds
General Deslgnated
Total
2024
Tangible fixed asseis
Current assets
12,674,147 12,674,147
4,963,598
5,065,703
1333,1531 1333,1531
14,4261
14,4261
102,105
Current liabilitie5
Provisions for liabilities
102,105 17,300,166 17,402,271
16. Related party transactions
The following related party transactions were undertaken durinE the period=
Ann Rogers received remuneration of £146,64012024.. £138,4201 for her Tole as dlrector of St Hermans Estate Cts
Limited.
St Hermans Estate Co Limited rents an oflice from Ann FIO8ers. During the year the company paid £3.38012024'.
£3,020) urkdèr the lease agreement.
Reginald Husband, a director of St Hermans Estate Co, received £70,258 for servlces provided to the companyi and
benefited from the use of a pitch at the Hollies Caravan Park worth approximately £3,000 pa.
Rlchard Weekes received remuneration of £33,78712024.. £58,063) for his role as Secrelary of St Herman5 E5tat@
Co Limited.
Pavl Barker was pald £22,755 for consu5tancy by St Hermans Estate Co Llrnited during the yÈar.
Helen Spinner purchased a caravan for £1,400 during the year. The net botsk value of the caravan was £105,000
however the tompany needed to remove it from the slte and if it had not been sold. would have needed to be
scrapped at a cost of £2-£4,000 to the company.
17.
Ultimate parent undertaking
The ultlmate contiollir)g party are the Board of Trustee5.
Page 19