2025-12-31-accounts

Charity registration nUM￿r11012Sl Company règlstration number 4907189 IEngland and Wales) STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Roger Dawes Viscount Duncannon Mr Yanni Pelsopoulos Mrs C F Daniel MIRJAWate5 Miss C Webstèr MrAM D Lanza Mr J R Bailie Charity numbér 1101251 Company number 4907189 Principal addres$ Slansted Park Rowlands Castle Hampshire P09 8DX Registered offic• Stansled Park Rowlands Casle Hatllpshiie P09 6DX Auditors SumerAudil Piper Housè 4 Dukes Court Bognor Road Chichester West Sussex P019 8FX Bankers Bardays Bank plc 81A London Road Waterlooville Hampshire P07 7ER Solicitors George Ide LLP 52 North Street Chichester Wesi Sussex P019 1NQ Investmenl managers Cazenove Capiial Management S¢hroder & Co Limited 12 Moorgale London EC2R 6DA

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS LEGALAND ADMINISTRATIVE INFORMATION Investment managers Troy Asset Management Ltd 33 Davies Street London W1K48P

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS CONTENTS Pag Trustees, report Statement ol Trustees. re5ponsibilili&s Independent audilorfs report Statement ol financial activities 9-10 Summary income and expenditure account Balance Sheet 12-13 Statement of cash flows 14 Notes to the financial statements 15-37

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE> CONSOLIDATED FINANCIAL STATEMENTS TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees present their consolidated report and financial statemen15 for thè year ended 31 December 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Articles ol Association, the Companies Act 2006 and "Accounting and Reporting by Charities." Statement of Recommended Practice applitable lo charitias preparing Iheir attounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ifeland IFRS 1021 l&ffective 1 January 20191" Objectives and activities The Chaiity was set up In 1983 by Ihe 10th Earf of Bessborough lo preserve Stansled Park in pefpeluity for the benefit of the publi¢. The Qbjects of the Charity are 1. The preservation and conservation for the public benefit ol the burldings and their grounds and surrounding parkland, farm13nd and forèst known as Slar5sled Park in Ihe County of Sussex Ihereinafter called 'Stanstèd Park.). 2. The preservation lor the public benefrt of furniture and pictures and chatte15 of any description connected with Slansted Park. the Ponsonby Family or other￿1$& appropriate to be kept at Stansled Park 3. The provision at Slansted Park or such part ol it as shall be appropriate in the intere51s of social welfare 3nd lor Ihe PUTpose ol improvirTrg (he conditions of life for the persons for whom the same are intended of facilities for physical recreation which will be avaJ13ble to members of the public at large. 4. The lacililalion and encouragement ol the use and occupation of the whole 01 part of Slansted Park and IhÈ use of such chatte15 as aforesaid for charitable educational purposes or for such other charitable purposes as the Trustees may dÈtetmine. 5. The furtherance for the public benefit of such tsther purposes which are (J)arilable under the law3 01 England and Wales as the Trustees think hl from time to time. The Trustees have paid due regard lo guidanc8 issued by the Charity Commission in de¢iding what activities the Charity should undertake. A¢hievements and perfomiancè Prewou5 years have seen significant Capital expenditure directed at revenue generating and key inliaslfuctuwe projects. In the short tertn there will be a more limited operabng surplus available with which to undertake future projects. The Charity is now in a period of financial consolidation with emphasis on rigorous control over expenditure and managemènt of overheads. Projects completed in 2025 included repairs lo the Mansion and works to the drainage system at Middle Lodge," the installation of a Biomass Boil¢i and the purchases of a Tractor and Truck for the Woods & Parkland Department. The Annual Work Programme was approved by Trustees in the budget at Ihe beginning of the Finansial Ye8r. Management A￿oUntS were produced by the AGGounts Department Ihrough the year lo enable c105e monitoring ol income against expenditure to ensure that the Charity operated wilhin ils financial resources. The Charity continued lo enjoy wide support at a local and regional level. The Friends of Stansted Park maintained their membership at around 500 members through the year and there is a strong level ol volunteer support. with a regular learn of 12 volunteers In the Grounds and a further 50 stewards who enable the Mansion lo open through the sumrner months.

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE CONSOLIDATED FINANCIAL STATEMENTS TRUSTEES. REPORT (CONTINUED}IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The Charity delivers public benefit in the following ways:_ The Mansion opens to the public at a ¢harge through the summer months Educational tours of the mansion and grounds The grounds and Arboielum open to the public al no ohar9e through the summér months Friends of Slansted Paik - as stated, an assoc131ion with around 500 paid lip rnembers who enjoy organised walks, talks and outings. using the Mansion extensively The Mansion is periodi¢ally used as a venue lor local fund raising lunches and other events The Charity support5 a range of local community events There is extensive public access to footpaths and bridleways across the e5tale. Finan¢ial review Reserves policy It is the policy ol the Charity that unrestricled funds. which have not been designated for a specific use, should be set aside to maintain the fabric ol the buildings. It is also a policy of the Trustees that the minimum unrestricted reserves held lexcluding fixed assets and inveslmenlsl is at least £300,000. The Chaiity'5 policy in recenl yèars has been to ensure that ￿VenUe is generated from a divèrse range of income sources across the Eslale. The Charity undertakes a range of operational aclivilies, including forest and parkland management, and maintaining, managing and lètting buildings of all types for residential and cornmercial use. Although much of the estate is open lor the public to enjoy at no charge, visrtor income is further sour￿￿ from admissions, donations. grants, and also fundraising by the Friends of Stansled Park. Through Slansted Park Events Limited. the Charrty raises revenue from events and functions, wedding5 and corporate days. the nel proceeds of which are donaled by Gift Aid to the Charity. The Trustees consider Ihal the financial posilion of the Charity remains manageable. Reserves held at Ihe balan￿ sheet date are £101.696,16012024 - £49.663.1481. £1.083.28212024 - £895.0581 held in unrestricted funds lof which £10.760 12024 - £10.7441 relate lo non-chaiitable trading funds). £6.336 12024 £0) held in reslricled funds and £100.606,54212024 £48,968.0901 held in endowmenl funds. In the year lo 31 Decèmber 2025 the Charity continued ils piogramme of long temi repair and maintenan￿. and irnprovements to the facilities for visitors. Through the year principal sources of revenue came from rents in the Estate's residential and commercial portfolios. These are regularly rewewed. Investments consist of managed investment portfolios (note 201 and the Investment property (note 191. In¢ome generated from listed investments Increased to £42.248 12024 £41,028) and the overall return including revaluation gains was 8.66°A. Income generated by investment properties increased by 7.6•/0 10 £1.227.407 12024- £1.140,5921. Stan5ted Park Even15 Limited has a lumovei for the year ended 31 December 2025 of £265.415 12024 £248,088) and a profit of £46.43212024- £44,325). The Trustees receive regular reports on finance and liquidity from the Director. which are revièwed at the quarterly meetings. Risk revlew The main risks lo the Foundation are reviewed annually or more frequently as matters d￿tate. A risk register is maintained. We have exposure lo a number of external factors that impact on the running ol the Foundation. The Trustees ensure that they are well briefed on such 18¢1ors and generally adopt a cautious approach. Sound financial planning particularly around the maintenance of our property portfolio on the Eslale and the potential for repulalional risks are regularly reviewed.

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS TRUSTEES. REPORT ICONTINUED)IINCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 Plans for thè future Almost all businesses will continue to be affected by the rising cost of living and the Charity is no ex￿ptiOn. The situation. particularly in regard to costs of maintenance & repairs as well as visitor numbers. rèmains uncertain. the Foundation remains cauli(>us. The situation regarding the occupation of eommeraal offices by small businesses remains fragile given that companies are labouFing under the burden of Business Rates. increased NIERS 3nd employment Costs leading some to vacate their offices and oth8rs to wish to downsize. In order to retain lull o¢cupancy, the Foundation continues lo implernenl a programme of office ￿-cOnfigUratIon in order to make a series of smallei commerual units which allow for reduced overheads and which fall beneath the threshold for the levying of Business Rates. The Foundation Is also pursuing schernes lor Biodiversity Net Gain whioh reduce the amount of land available for agricultural produclitsn on the Estate but which will be suitable for planting of trees and Ihe creation of me3dows whKh will convert into Biodiversity Units foi sale to developers. The Foundation is also seeking to increase its income generation actiwty through a full prograrnme ol Events and corporate a¢tivrtie5 using the House and Giounds to optimum effect. Ash die back disease continués lo be a concern of the Trustees, affecting our forestry operations. Structure, govemance and management The Charity is a company limiled by guarantee. The governing document is the Articles of Assoaation dated 15 May 2017. The Charity's objects are set out above. The Trustees, who are also the directors for Ime purpose of company law, and who served during the year and up lo the date ol signature of the financial statements weie.. Mr Roger Davies Viscount Duncannon Mr Yanni Pelsopoulos Mrs C F Daniel Dlr R J A Wates Miss C Webster MrAM D Lanza Mr J R Bailie None of the Tiustees has any beneficial interest in the Charity. All ol the Trustees ara members of Stansled Park Foundation and guaianlee lo contribute £1 in the event of ils winding up. When a vacancy on the Board arises a nurnber of methods can be idenlified lo recruit rePla￿mentS both trom within the family. albeit within the laid down restllGtion on numbers, as well as the wider community. Any such post can be advertised in order to attra¢l suitable candidates for interview who can then be appointed on the basis ol their qualifications, skills. attributes and knowledge and particulai expertise required by thè Board. The competencies range from charity involvetnenl. heritage and architecture. visitor altractions. legal background, project management, finanual and investment experience. governance. business and commeiGe including retail. ruial estates. event management, land arld property management and business in genei81. The Trustee5 approved and adopted a Governance Code al the Board Meeting on 17th July 2020. This ode sets out the Trustees. acceptance of their responsibility lo maintain hi9h standards of g0veman￿, leadeiship, int8giily. decision-making and complianTr in order to achieve the Foundation's Charitable Objects. The Trustees together provide a combination of 8xpenence and skills appropriate for the operations of the Charity.

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS TRUSTEES. REPORT (CONTINUED)IINCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The Charity is administered by the Truslees who tneel at least 4 tir￿S a y6ar, but delegate their day to day management responsibil￿es, induding the management of the 8s8els and th8 general adminlstration. to Mr D M Bennett, the Director of the Chafrty. The Finance Committee ha5 been superseded by 3 Finanual Briefing to the Chairman and seled Trustees prior to each Board Meeting. This Briefing examines the Budget and the overall financjal situation prior to presentation to the Board. The remuneration lor senior staff is sel by reference to remunwation for comparable jobs in Similar organisatlOn5. Staff ale norrn81ty awaTded an inflation8ry increase. Remuneration above that is assessed on mertt following a Jtgorous prO￿$S of staff appraisal. Under tho Artides ofAs5o￿ation the Charity has the power to make investments to ach*ve the Charitys objectives in such a manner as the Trustees mèy decidè and at the Tnjstees, absolute discretion. The Charity owns subsidiary cornpanies.. Stanstèd Park Events Limrted is a Iroding wmpary and Slansted Park Lirnited is dormanl. Asset cover forfunds Note 30 sets oul an analysis Df the assets Bttributsble to the various fuThls. The$e as5els are sufficienl to meet the Charitys obligal>)ns on a fund by fund basis. In accordan￿ with the requirements ol Ihg Chaiities SORP IFRS 1021. tt is (x)nsidéred that the ¢xrrying value of al investment and freehold property does not differ malerially from their lair value at 31 December 2025. Auditor In accordance wrth the eompany'5 artides. a resolutlon proposing ihal SumerAudil be reappointed as auditor of th8 cnmpany will be put at a Geneml Meeting. Disclosure of Information to auditor Each of the Trustees has confirmed that there is no information of which they are aware which is ielevant to the audit, but ol whith the auditor Is unaware. They have ftJrthÈr ¢onfimied that they have t2k8n 8ppropri8le steps to entify such relevant infom)alion and to establish Ihat the auditor is awa￿ of such information. This report has been prepared in accordance wrth the special prowsions relating to small companie5 Wlthin Part 15 ofthe Companies Acl 201￿. The Trustees. report was appigved by the BDard of Trustees. Vlscount Duncannon Chairman of the Trustee5

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2025 The Tnjslees, who 8re also the directors of Stansled Park Foundatitsn (Limited by guaranleel for the purpose of company law, are responsible for preparing the Trustees, Report and the financial stalernents in accordance with applicable 18w and United Kingdom Ae¢ounling Standards Iunited Kingdom Generally Acc8Pted Accountin9 Piacticel. Company Law requires the Trustees lo preparè financial statements lor each financial year which give a tme ènd fair view ol the state of 8ffairs of the Charity and of the incorning resources and application of resources. ineluding the incom¢ and expenditure. of the charitable company lor that year. In prèparing these financial statements. the Trustees are required to". gelecl suitable accounting poliryes and then apply them con51slenlly', obseNe the methods and principles in the Charities SORP., make judgements and estimates that ale reasonable and prudent". and prepare the financial statements on the going concem basis unle58 It is inappropriate to presurlle that the Charily will continue in operation. The Trustees are responsible for keepin9 adeqtjale accounting records that disdose with reasonable attura¢y al any lime the financial position ol the Charity and enable them to ensure that Ihe financial statements comply with the Companies Act 2006. They are also responsible lor safeguarding the assels ol the Chaiity and hence foi taking reasonable steps for the prevention and detection ol fraud and olher irregularits'es.

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) Oplnlon We have audited the consolidated finanaal statements of Slansled Park Foundation ILimiled by guarantee) (the 'Group'l for the yèar ended 31 Decernber 2025 which cornprise the statement of finanThal activities, the surnmary income and expenditure auount. the balance sheet. the statement of cash flows and the notes to the financial statements. including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom A¢counling Standards. including FRS 102 Th8 Financial Reporting Standard appI￿c5b1e in the UK and Repiiblic of Ir8land (United Kingdom Generally Accepted Accounting Practi￿1. In our opinion. the consolidated financial slaternenls.. give 3 true and fair view of the slate of Ihe charitable group's affairs as at 31 December 2025 and of its ineotning resources and application of resouices. for the year then ended". have been properly prepared in accordance with United Kingdom Generally A¢¢epled Accounting Practice,. 2nd have been p￿pared in accordance with the requirernenls of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our iesponsibilities under those standards are further described in the Auditorfs resp017sibilities for lh& audit of th8 fjinancial statements sèction ol our ieport. We are independent of the charitable group in 2ccordance with the ethical requirements that are relevant lo our audit ol the accounts In the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilrties in accordance with these requiremell15. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis IOF our opinion. Conclvslon$ relating to going concorn In auditing the linanGial statemer)Is. we have conduded that the Trustees, use ol the going con￿rn basis of accounting in the preparation of Ihe financial slalements is appropriate. Based on the work we have performed. we have nol identified any material uncertainties relaling to events or conditions that, Indi￿duallY or collectively. may cast significant doubt on the Group's ability lo wnlinue as a going concern for a period of al least Iwelve months Irorn when the fifianryal statements are aLrthorised for issue. Our respon51bilities and the responsibiliti8s of the Trustees with respect to 90in9 concern are described in the relevant sections of this report. Other information The other information COmPfise5 the information in¢luded in the annual report other than the financAal slaternents and otjr auditorfs report Ihereon. The Trustees are responsible for the other inloimation ¢onlained within the annual repDrt. Our opinion on the financial statements does not cover the othei Information and, ex￿pt to the extent otherwis& explicilly slated in our report. we do not expres5 any forrn ol assurance conclusion Ihereon. Our responsibility is to read the other information and, in doing so, consider whether the other infoitnation is matenally inconsistent with the financial Statements or OLJr knowledge obtained in th8 course of Ilie audit, or olhetWi5e appear5 to be rnaterially misstated. If we identify such material inconsi5t8ncies 01 apparent material misstatements. we are required to determine whether this gives rise lo a materièl misstatement in the financial statemeritS themselves. If, based on the work we have performed, we conclude Ihal there is a material misslatement of this other information. we aré required to ieport that fact. We have nothing to report in this iegard. Opinions on oth•r matter5 prescribed by the Companle$ A¢t 2006 In our opinion. based on the work undertaken in the course ol our audit". the information given in the Trustees, Report, which includès the directors. report prepared for the purposes of company law, lor the fin8ncial year lor which the cc>nsolidaled finanaal statements ale piepaied is consistent with the Gonsolidated financial statements.. and the directors. report induded within the Truslee5' report has been prepared in accordance with applicable legal requirements.

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS INDEPENDENT AUDITOR'S REPORT (CONTINUED TO THE MEMBERS OF STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) Matters on which we are requirèd to report by excoption In the light ol the knowledge and understanding of the charitable group and ils enviroriment obtained in thè course of the audit, we have not identified material misslatements in the directors, raport induded within Ihe Trustees, report. We have nothing to report in respect of the following matters In relation lo which the Companies Act 2006 requires us to report to you if. in our opinion. adequate accounting records have not been kept, or relums adequate lor our audit have not been receivéd from branches not wsiled by us., or the Consolidated financial slalemenls are not In agreement with the acoounting records and reluins.. or certain disclosures of trustees, remuneration specified by law are not made., or we have nol received all ihe inloitllatioll and explanation5 we require lor our audit., or the Trustees weie not entitled lo prepare the finanaal statements in accordance with the small companies regime and take 8dvanlage of the small companies, exemptions in preparing the Trustees, report and from the requirement to prepare a strategic report. Rosponsibilities of Tru$tees As explained more fully in the staternent of Trustee5' responsibilities, the Trustees. who are also the direotois of the Group for the purpose ol eompary law. are responsible for the preparation of the financial statements and for being satisfied that they give a Iiue and fair view. and for such internal Gonliol as the Trustees deteirnine is necessary lo enable the preparation of financial slalemenls that are free from material misstatement. whether due to f13ud or error. In preparing the financial slalements, the Trustees ale responsible lor assessing the Group'5 ability lo ¢onlinue a8 a going contsrn, disclosing, as applicable, matters relaled to going ¢on¢ern and using the going concem basis ol accounting unless the Trustees eithèr intend to liquidate the charitable group or to cease operations. or have no realistic alternative but Its do so. Auditorfs responsibilities for the audit of the financial statements Otji objectives are lo obtain ieasonable assurance about whether the con501idated finanrial staternenls as a whol are free from material rnisstatement, whether due lo fraud or error, and to Issue an auditorfs report that indudes our opinion. Reasonable assurance is a high level of assurance. but 15 not a guarantee that an audit condu¢ted In accordance with ISAS IUKI will ahvgys detect a material rnisstatement when it exists. Misstatements can arise from fraud or error and are considered material rf, tndividually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis ol these financial slatemenls. Identificatlon and assessment of irregularities includlng fraud Irregularities, including fiaud. are instances of non-compliance wilh laws and regulations We design procedures in line with our responsibilities. outlined above. to delecl material misslalements in respect of irregularities, including traud. The exlenl lo which our procedures are capable ol detecting irregularth'es, induding fraud. is detailèd below. In Identifying and assessing iisks of material misslalemenl in rèspect of irregularits'es, in¢luding fraud and non- complian¢e with laws and regulations, our procedures InGluded the following". Obtaining an understanding of the legal and regulatory framework that the charity opefales in. focusing on those laws and regulations that had a direct elfect on the financial slalemenls and operations.. Obtaining an understanding of the charity's poli￿eS and procedures on fraud risks. indLJding knowledge of any actual, suspected or alleged fraud., D15cussing among the engagerllent team how and where fraud might occur in the financial 51alements and any potential indieator5 of fraud through our knowledge and undeislanding of the Th)mpany and our sector-specific experience. As a result ol these procedures. we considered thè opportunities and inTrnlives thal may exist within the association for fraud. We are also required to perform specific procedure5 to respond to the risk ol management oveiride. As a result ol performing the above. we idenlified the following areas as those most likely lo have an irllpact on the financial statements". health & safety and employment law, as well as compliance with the UK Companies and Charities Acts.

STANSTED PARK FOUNDATION ILIMITED BY GUARANTEE CONSOLIDATED FINANCIAL STATEMENTS INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) In &iJdition to th& above, our procedurès to respond lo risks identified included the following". laking enquirie5 of rnana9eTnent about any kmwn or suspected instsnces of non-complian￿ with laws and regu12tions and fraud, . Reviewing minLrfes of meetings of lfrie board and senior management. Reading cOrresWnden￿ with regul3lor5 Ch311englng assumptipns and judgement$ made by managernenl in their Signf￿snI accounting esbtnates., and Auditing the ￿sk of rnan8g&tnent oveffid& of coniro15, includ￿9 through testing journ31 entne$ and other adjustments for appropriateness. [￿e lo the inherent Iitnrt8lions of an audit, there is an unavoid3ble risk that some material misstatements in the nancial slal£menls may not be delecled, even Ihough the audit it prope.,ly planned 2nd performed in 3Gcoidan th the ISAS IUKI. For inslante, the further removed non-compliante Is frorTr t￿.& events and transactions refi6ct8d in the finanaal slattsments. the less likely the auditor is lo become aware of il orto recognise the nofvcompliance. A further des¢iiplion of our responsibilrties is available on Ihe Finart￿al Reporting Council's website at https'.11 ¥wWW.fr¢.￿g_￿kIa￿drtorsreSp0nÈlb1I[tr1es. This description forrns part olour guditoi's reporL Us¢ of our report This report Is made solely to the Chaiitable group's mernbe￿, as 2 body, in aorordance with Chapter 3 Df Part 16 of the Companies Act 2006. Our audil work ha5 been undertaken so that wp might State to the ch8nlable group's ernbers Ih05e mailers we are required 10 State lo them In an auditors, report and for no other purpose. To the fullEsl extent perrnitted by law we do not accept or 3ssurno responsibility lo anyone other than Ihe chaiitable group and the charitable group's members as a body. for our audit work. for this report. or for the opinions vie have iormed. Robin Evans BA FCA CTA OChA (Senior Ststutory Auditor) for 2nd on behalf olsumer Audit Chartered Accountants ststutoryAuditor Piper House 4 Jukes Court ognor Road Chicheslor West Sus$8x P0198FX SumerAudrt is a trading name ol Sumer Audilco Limited

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 Current financial year Unrestricted R•strlctad Endowment funds funds funds 2025 2025 2025 Total Totsl 2025 2024 Nc*t¢$ Income and endowments from.. Donations and legacies Charitable activities Other trading activities Invèsttnenls Other income 99.315 399.307 267,067 1.462,671 23,730 6.336 105.651 399,307 267,087 1.504,919 23.730 24,543 213,952 248.503 1.419,968 79,361 42,248 Total income and endowments 2,252,090 6,336 42.248 2,300,674 1,986.327 Ex endlture on- Raising fLJnds Investment property costs Events expenditure Inveslrnent management 469.102 186,941 469.102 186,941 4,362 521,019 166,881 4.176 4.362 656.043 4,362 6fj0,405 692.075 Charitabl ities House and gardens Forestry Wood fuel production 1.147,964 209,874 16,156 1,147.964 209.874 16,158 930,616 187,145 13.54e Total Charitable expendlturè 1.373.994 1.373.994 1,131.309 Total resoureÈs expended 2.030,037 4.362 2.034.399 1.823,385 Nel gainslllossesl on investments 13 391,234 391.234 182,156 Net incoming rèsources before transfers 222.053 6,336 429.120 657,509 345,098 Gloss transfers betwèen funds 15 166,171 1166.1711 Net incoming resources 388,224 6.336 262,949 657,509 345,098 Other recognisèd gains and losses Revaluation of tangible fixed assets 51,375,503 51,375.503 1214.3411 Net movèment In funds 388.224 6,336 51,638,452 52.033,012 130.757 Fund balancès 8t 1 January 2025 695,058 48.968.090 49.663,148 49.532,391 Fund balancès at 31 December 202S 1,083.282 6,336 100.606,542 101,696.160 49,663.148 The statement of financial activities Includes all gain5 and losses recognised in the year. All in¢ome and expenditure dèrivè from continuing aciivities.

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Plior financlal y•ar Unrestricted Endowment fund$ funds 2024 2024 Totsl 2024 Notes Income and endowments from: Donations and legacies Charitable aclivrtjes Olher trading activities Inveslmenls Other In￿me 24,543 213.952 248.503 1,378,940 79,361 24.543 213,952 248.503 1.419.968 79.361 41,028 Totsl Incom$ and endowments 1,945,299 41.028 1,986,327 Ex endItU￿ on: Raising funds Invèstrnenl property costs Events expenditure Investment management 521.019 166,881 521.019 166,881 4,176 4.176 687,900 4,176 692,076 Chaiitable aclivilies House and garden5 Forestry Wood fuel production 930.616 187.145 13.548 930,616 187.145 13.548 Total charitable expenditurè 1.131.309 1.131.309 Totsl r•soure•s èxpended 1,819,209 4.176 1,823.385 Net gainslllossesl on investments 13 182.156 182,156 Net Incoming rèsources before transfexs 126,090 279.008 345.098 Gross transfers between fijnds 15 159.6451 59,645 Net incoming resour¢8S 66.445 278,653 345.098 Other recognised gains and lo$sè$ Revaluation of tangible fixed assets 1214,3411 1214,3411 Net movèment in funds 66.445 64,312 130,757 Fund balances at 1 January 2024 628.613 48.903.778 49.532.391 Fund balances at 31 December 2024 895,058 48,968.090 49,663.148 The staternenl of financial aGtivilies indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 10

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR fHE YEAR ENDED 31 DECEMBER 2025 All income funds 202S 2024 Gross income Transfer fromlllol endowment funds 2,258.426 166,171 1.945,299 159,6451 Total income in the ieportin9 period 2,424.597 1.885.654 Total expenditure from income funds 2.030,037 1,819,209 Net income for the y*ar 394.560 66,445

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE> CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Notes Fixed assets Intangible assots Tangible assets Heritage assets Investment properties Investments 16 17 18 19 20 39.929 60.506,402 9,021,983 29.695.442 3,036.184 9.106,890 9.021.250 29,544,690 2.949,230 102,299,940 50,622.060 Current assèts Debtors Cash al bank and in hand 22 125,720 773.304 126,477 654.940 899.024 781.417 Creditors.. amounts falling due within one year 23 1247,0981 1388,3141 Net Current assets 651,926 393,103 Totsl assèts les¥ current liabilitiès 102.951,866 51.015.163 Crsdltors= amounts falllng due after more than one year 24 11,255.7061 11.352,0151 Net asset$ 101,696,160 49,663,148 Capital funds Endowment funds- eneral General endowment funds Revaluation reserve 16.652,774 83.953.768 16,671,913 32.296,177 100,606,542 48.968.090 Expendable &￿￿owment 100,606,542 48,968.090 28 100.606,542 48.*8,090 Income fund$ Reslricled funds Unrestricted fund General unrestncted fijnds Funds retained within non-charitable subsidiarie5 29 6.336 1,072.522 10,760 684,314 10,744 1.083,282 695.058 101,696,180 49.e63.148 These financial statements have been prepared In accordance with the provisions appli¢able lo companies subject to the small companies regime. 12

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS BALANCE SHEET (CONTINUED) AS A T 31 DECEMBER 2025 The account5 weie appioved by the Trustees on ........ Viscount Duncannon Tru5t8e Company Registratlon No. 4907189 13-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Notas Cash flows from operating activities Cash absorbed by operations 35 {1,154,136} 11,173.8281 Investing activltlÈ$ Purchase of Intangible assets Purchase of tangible fi'xed assets Proceeds on disposal of tangible ffixed assets Purchase ol heritage assets Purchase ol investment property Procèeds on disposal of Investment property Purch8se of other investtnenls Pro￿ed$ on disposal of other Investments Investment incotlle received 143,0001 (238,9611 1111.5191 20.000 {7331 122,58n {120,4241 50.001 1141.6701 267.784 1.504,919 1287,2771 389,425 1,419,968 Net cash generated from investing activities 1,375,753 1,310,173 Financing actlvlties Repayment ol bank loans Payment of obligations under finance lèasès 197.3531 15.9001 174,9831 110,6671 N8t cash u$ed in financlng activities 1103,2531 185,6501 Net In¢￿aSe in cash and cash equivalents 118,364 50.895 Cash and cash equivalènts al beginning ol yèar 654,940 604.245 Cash and cash equivalents at •nd of year 773.304 $54,940 Rdating to.. Bank balances and short term deposrts 773,304 654.940 14-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Company infomiation Stansled Park Foundation (Limited by guarantee) is a private company Ismited by guarantee incorporated in England and Wales. The registerecl office is Stansted Park. Hampshire. Rowlands Castle, P09 6DX. 1.1 A¢¢ounting convention The financial statements have been prepared in 8ccordan¢e with the Charity's goveming do¢umenl, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement ol Re￿￿[￿ended Praclioe applicable lo charities preparing their accounts in accordan￿ with the Financial Reporting Standard appIl￿ble in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191" The Charity Is a Public Benefit Entity as defined by FRS 102. Thè financial slalewents are prepared in steiling. which is the functional currency of thè Charity. Monetary amounts In these financial statements are rounded lo the nearest £. The financial statements have been prepared under thè historic31 cost convention. modrfied lo incltjde the revaluation of f18ehold properties and lo include Investment properties and certain financi21 instruments 8t lair valué. The principal accounting poliaes adopted are Sel out below. The consolidation is donè on a line by line basis. Stansted Park Events Limited is included in the consolidation but Stansted Park Limited is not as the company ceased trading in July 1992 2nd the results are not considered matenal for the purpose of giving 3 true and fair view. The Investrnenl in Stansted Park Limited is sialed at cost in thèse ¢onsolidated accounts. 1.2 Going concern Al the time of approving the financial statement5. the Trustees have a reasonable expectation that the Charity has adequate resources lo continue in operation81 existence for the foreseeable future. Thus the Trustees continue to adopt Ihe going concern basis of accounting in preparing thè financial statements. 1.3 Charitable funds Unrestricted funds are available for use al the discretion of the Trustees in furtherance of their chanlable objectives. Restricted funds are subject to spe¢ttic conditions by donors as to how they may be used. The purposes and Uses of the restricted funds ale set out in the notes to the a¢¢ounls. The trustees have the power lo convert the capital endowment into expendable income. The capital is therefore an unrestricted expendable endowment rather than a permanent endowment. The proceeds of any sale. again at the discretion ol the trustees, rnay be applied either as capital endowment. lo produce an income for the purposes of the charity. or as an incotne applied to one or more of the charitable objeds. 1.4 Incoming resources Income ig recognised when the Charity is legally entitled lo il after any performan￿ conditions have been met. thÈ 8mounts can be measured reliably. and il is probable that income will be received. Cash donations are recognised on rèceipt. Other donations are recognised on¢e the Charity has been nobfied of Ihe donation, unles5 performance conditions require deferral of the amount. Income tax recoverable in relation to donatioos received under Gift Aid or deeds ol covellant is recognised at the time ol the donation. Legacie5 are recognised on receipt or othenvise Il the Charity has been notified of an impending distribution. the amount is known. and receipt is expected. If the amount is not known. the legacy is treated as a contingent assèt. 15

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountin9 policies (Gontinuedl Grants receivable are credited lo the Statement Of Financial Ath'vities when the Chanly is legally entiued to thèm after any performance condibons have been mel. Grants relating lo the development ol investment property are posted to grants receivable for core activities Ipart of vgluntary income). Grants relating to country and parkland resloiation and Forestry Cotnmi5510n grants are induded in forestry ¢haril8ble aclivty. Grants relab'ng to Renewable Heat Incentive ale induded in wood fuel production charitable acttvity. Service charg6 income is shown net of recharged expendiluie. This expenditure is rechaiged In lull lo the tenants and Is only incurred on behalf of the tenants and is therefore not expenditure 181atin9 to the Foundation. Income, which excludes VAT, comprises sales lo third parties, rents receivable. investment tncome and incorn8 derived from house opening. 1.5 R8sour¢t$ expended Liabilities aro recognised when the activity giving rise lo the liability has been in¢urred. Expenditure is included net ol VAT where applicable. Expenditure is allocated bèlwe8n costs of raising funds and charitable expenditure which also indudes support and governance costs Included in costs of raising funds are investrnent property Costs and events expenditure. Included in charitable expenditure undertaken directly are costs relaling lo house and garden opening which also includes grounds and mansion expenditure and loreslry. Support cost8 re Gharitable aGtivilie5 for hous¢ and garden opening Indude Estste managerllent costs. Governance costs consist ol audit and accountancy lees. 1.6 Intsngible fixed assèts oth•r than goodwill Intangible assels acquired separately from a business are recognised al cost and are subsequently measured al cost less accumulated amort15ation and accumulated impairtnent105ses. Intangiblè assets acquired on business ¢ombinations are recognised separately from goodwill al the acquisition date where rt Is probable that the expected future economic benefits that are attributable to the asset will flow lo the entity and the fair value of the assel can be measured reliably., the intangible asset arises from contractual or olher16gal righls." and the iritangible asset is separable trom the entity. Intangible assets comprise the RHI Accreditation for the Biomass Heating System. Such assets are defined as having finite u5•ful lives and the costs are amortised on a 51raight line basis over their useful life of 7 years. Intangible assets are stated at cost less amortisation and are reviewed lor impairtnenl whenever there is an indication that the carrying value may be Impaired. 1.7 Tangible fixed assets Tangible fixed assets are initially measured 81 cost and subsequently measured at Cost or valuation, net of depreoialion and any impaim)enl losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the lollowng bases.. Fieehold Land and buildings Plant and machinery Fixtures. fittings & equipment Motor vehi¢les 15.￿ Reducing balance per annum 15°h Reducing balance per annum 25 /0 Reducing balance per annum 16

STANSTED PARK FOUNDATION (LIMITED BY GUAFIANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies (Continued) No depie¢ialion is provided on freehold buildings and heritage a53els as the estimaled useful life and residual values of the properties and heritage asse15 would render a depieciation charge Immaterial. The gain or Ios5 arising on Ihè disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net incomellexpenditurel foi the year. 1.8 Inv•stm•nt properties Investment property. which is property held to earn rentals andlor for capital appreciation. is measured using the fair valLJe model and stated at its lair value at the reporting end dale. The surplus or defieil on ievalualion and realised gains or losses on property sold are ￿cOgniSed in net inwmellexpendilurel lor the year. 1.9 Heritsge assets Heritage assets are capitalised in the year of 3¢qUlSltion. Thé measurement basis adopted for their inclusion in the a¢counts is the value lor insurance purposes. 1.10 Flxed a$set invesljnents Fixed asset investments are initially me85ured at transaction price excluding transa¢lion costs. and are subsequently rlleasured at fail v8lue at each ￿porting dale. Changes in fair valuè ale recognised in nèt incornellexpenditurel for the year. Transaction c051s are expensed as In￿r￿d. Invest￿entS in subsidiaries are all held at cost in the sèpaiate finanaal statements ol the company. A subsidiary is an entity controlled by the Charity. Control is the power to govam the financial and operating policies of the entity so as lo obtain benefits from its activities. 1.11 Impaimient of fixed assets At each reporting end d3te, the Charity reviews the carrying amounts of its tangible and intangible assets lo determine whether there Is any indication that those assets have suffered an impairmenl loss. 11 any such indication exis15. Ihe recoverable amount ol the asset is estimatèd In (Kder to determine the extent of the impairment1055 lif any). 1.12 Cash and cash equivalents Cash and cash equivalents include cash In hand. deposits held at call with banks, other short-term liquid investments with original rnalurilies of three months or less, and bank overdrafts. Bank ovÈrdr8fts are shown within borrowings in current Iiabilitie5. 1.13 Financial instruments The Charity has elected to apply the piovisions of Section 11 '9asic Financial Instruments. and Sectson 12 'Other Financial Instruments Issue5, of FRS 102 to all of 115 Iinancial inslruments. Financial Inslrumellts are recognised in the Charity's balance sheet when the Charity becomes party to the conlraGtual provisions of the inslrumenl. Financial assets and liabilities a￿ offset, Wtth the nel amount5 presented In the financial statements. when there is 3 legally enforceable right to sel off the recognised amounts and there is an intention to settle on a nel basis or lo realise the asset and settle the liability simultaneously. 17

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies (Continuedl Baslc flnan¢ialassets Basic financial assets. which indude debtors and cash and bank balances, are initially measui8d al transaction price iriduding tran58Ction ¢osls and are subsequently Carried at amortised ¢osl usiiig Ihe effective interest method unless the arrangemenl constilules a financing transaction. where the transaction is tneasured at the present value of the future re￿ip1S discounted at a market rate of inleresl. Financial assets dassified as receivable within one year are not amort15ed. Basic financi31 liabililies Basic financtal Iiabilitie5. including creditors and bank loans are initially recognised at transaction price unlèss the arrangement constilules a financing transaction, where the debt instrument is measured at the piesent value of the lulure payments discounted al a market rate ol inter8St. Financial liabilities classified as payable wrthin one year are not amortised. Debt instruments are Subsequent￿ carried at amortised c05t. using Ihe eff6Ctive interest rate method. Trade creditois are obligations to pay lor goods or services thal have been acquired in the ordinary course of operab'on5 from suppliers. Amounts payable are classified as curient liabilities if paym8nt is due wilhill one year or less. If not, they are presented as non-current liabilities. Tiade creditors are recogn15ed initially at transaction pri￿ and subsequently measured at amort15ed c051 using the effective interest method. Dorecognition of financial liabilifie Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled. 1.14 Employe• b•n•flts The costs of short-term employee benefits are recognised as a liability and an expense. The cost ol any unused holiday entitlement Is recognised in the peiiod in which the employee's services are recèivèd. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to lerminale the 8tllployment of an employee or lo provide termination benefits. 1.1S RetSrèment benefits Payments to defiried contribulion retirement benefit schemes are charged as an expense as they fall due. 1.16 Leases Leases 3r& classified 3$ finance le3ses whenever the terms of the legse transfer substantially all the risks an¢Y rewards of ownership lo the lessees. All other leases are classified as operating leases. Assets held under finance leases are recognisÈd as sssets al the lower of the a55els fair value al the date of inception and thé present value of the minimum lease payrnents. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are tiealed as consisting of caprtal and Interest elements. The interest is charged to nel incomellexpenditurel for the year so as lo produce a constanl penodic rate ol interest on the remaining balancè of the liability. Rentals payable under operating leases. including any lease in￿nI&Ve$ receivÈd. are charged as an expense on a straight line ba51s over the terrn of the relevant lease. Rentals receivable under operating leases, induding any lease incentives given, are recognised as Income on a slraighl line basis over the term of the ￿levant lease. 18

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Icontinuedl 1.17 Irrecoverable VAT Irrecnverable VAT is written off to th8 Staternenl Qf Financial Activitiès in thè year it arises. Critical ac¢ounting estimates and Judgèmènts In the application of the Charity's acGounling policies. the Trustees are required lo rnake judgements, estimates and assumptions about the Carrying amount of assets and liabilities that are nol readily apparent from other sources. The eslirnates and associated assumptions are based on historical experience and tsther factors that are consideied lo be relevant. Actual results may differ from these eslimales. The eslimales and underfying assumptions arè reviewed on an ongoing basis. Revisions lo accoullting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of thè rttvision and future peiiods where the ievision affects both current and future periods. Key sources ol estimation uncèrtainty The eslimztes and 3ssumplions which have a significant risk of causing a rnaterial adjustment lo the carrying amount of 853ets and liabilities are as follows. Valuation of Invèstment property, Freehold propèrty and Heritage assets Investment properties. Freehold properties and Heritage assets are Included at lair value by referenTr lo their market value. Professional valuations are obtained periodically. Given the nature tsf lair values however. there is a iisk Ihal the actual market value tnay differ from the estimated market valuè in¢luded in the financial Statements. Donation$ and legacies Unrestrieted Restricted funds funds Total Unrèstricted funds 2025 2025 2025 2024 Donalions and gifts Friends of Stansled Park subscriptions 91,185 8,130 6.336 97.521 8.130 15,663 8,880 99,315 6.336 105.651 24.543 19-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Charitsblè activities House and gardgn openln9 2025 Forestry Game Income Wood fugl production Toial 2025 Total 2024 2O2S 2025 2025 Sales within charitable activities Performance related grants 102,630 81.371 675 10,172 194.848 153,983 181,515 22.944 204,459 59,969 102.630 262,886 675 33,116 399,307 213,952 Analysis by fund Unreslricled funds 102,630 262.888 675 33.116 399.307 213.952 P¢rfomiance ￿lated grants Forestry Cornmis5ion Country and parkland restoration - RPA Renewable Heat Incentive Sylva Nova SPRL 16,956 178,925 178,925 22,944 2.590 6,286 20,840 13,885 22,944 2,590 181,515 22,944 204.459 59.969 For the year ended 31 December 2024 House and garden oponlng Forestry Gamo income Wood fuel Produc￿On Tot81 2024 Sales within charitable activities Performance ielaled grants 88.975 53,820 39.129 1.500 9.688 20.840 153,983 59,969 88,975 92.949 1,500 30,528 213,952 Analysis by lund Unrestrided funds 88.975 92.949 1.500 30,528 213,952 -20-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Charitable activities Icontinuedl P&rfomiance related 9rants Forestry Commission Country and parkland restoration- RPA Renewable Heal In￿ntiVe Sylva Nova SPRL 18.958 6,236 18,958 6,286 20.840 13.885 20,840 13,885 39.129 20.840 59,989 Income from other trading activlties Unrestri¢ted Unrestricted funds lunds 2025 2024 Non-ch3rilable trading actiwties 267,067 248,503 Investments Unrestricted Endowment funds funds generdl 2025 Total Unr85tii¢ted Endowment fund$ funds general 2024 Total 2025 2025 2024 2024 Rèntsl incorne Income from listed invèstments Service Gharge income Water income Interest receivable 1,222.407 1.222,407 1,140,592 1,140,592 42.248 42,248 214,800 5,414 20.050 41,028 41,028 209,838 5.678 22.832 214,800 5,414 20,OSO 209,838 5.678 22.832 1.462.671 42.248 1,504,919 1,378.940 41,028 1,419,968 Other income Unrastroctsd Unrestricted funds funds 2025 2024 Net gain Dn disposal of tangible fixed assets Qlher income Insurance claim received 18.770 12,830 47.761 10,198 13,532 23.730 79.361 21

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Raising funds Unrestricted Endowment funds fund$ general 2025 Totsl Unrestricted Endowment funds funds general 2024 Total 2025 2025 2024 2024 Investmen costs Repairs and maintenan Premises costs Othei costs Staff costs Depreaation and impairment ro ert 125.056 150,932 38.727 150,636 125.056 150.932 38.727 150,636 163.886 143,492 69,316 143,468 163,886 143,492 69,316 143.468 3,751 3,751 857 857 Investment property costs 489.102 469,102 521,019 521.019 Events ex nditurÈ Operating trading company undertaking non-¢harilable trading 141,010 2,332 43,599 141.010 2,332 43,599 129,752 2.497 34.632 129,752 2,497 34,632 Other c051s Staff costs Events expenditure 186,941 186.941 166,881 166.881 Investment rnana ement 4,362 4,362 4,176 4,178 656.043 4,382 660.405 687,900 4,176 692,076 Included in Investment property other costs is bank loan interest payabl& of £19,45012024- £26.0411. 22-

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STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 10 Support costs allocated to activities 2025 2024 Staff costs Depreuation Repairs and maintenance Piernises costs Olher costs Governance ¢osls 234.896 5.134 4.356 123,139 159,612 15,300 223,299 6,324 18,822 104,479 142,570 17.000 542,437 512.494 Analysèd bètween.. House and gardens 542,437 512.494 2025 2024 Govemance costs comprisè.. Audit fees Fees payable lo the auditors for non-audil fees 10.750 4,550 10.920 6,080 15,300 17,000 Included in Support other costs is bank loan interest payable of £41.66612024 £41,666) n addition to the audil and accountancy fees above. there are audit lees relating to the subsidiary of £3.20 12024 - £3.0351 and accountancy fees for the subsidiary of £1,25012024- £1.5351. These costs are Induded in Events expenditure In Raising funds. 11 Trustees None of the Trustees lor any persons conneeled with them) received any remuneration or expenses during Ihe year. DuTing the year, the Foundation Gharged Aleramo Lanza. a Iruslee. rent of £25,99812024 - £16,598), electric recharges of £2.16312024- £1,67212nd service Fecharges of £1,1 (>1 12024- £6841. Included in Trade debtors is £012024 - £8971 owed by A Lanza. During the yezr. the Foundation charged Mr5 Caroline Daniel. a trustee, rent of £23,310 12024 £22.9401. service rechaiges of £17012024- £1551 and water recharges of £16012024- £160}. During the year, the Foundation Fnade timber sales of £18612024 - £01 to Mr Yanni Pelsopoulos, a tmslee. Included in Trade deblors is £19912024 £0) owed by Y Pelsopoulos.. -24-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 12 Employees Number of employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Management Administration Other- full lime Other- part lime 16 16 Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs Housing Costs and èxpenses lor the Director of the Foundation Stewards,. volunteers, and staff expenses and training 512,021 57,799 15.697 51.210 25,695 497.479 48.082 16,585 45,984 20.862 652,422 628,992 The number of employees whose annual remuneration was £60,000 or mo were.. 202S Number 2024 Number £120,000- £130,000 £130,000- £140,000 Contributions lolalling £7,271 12024.. £3,382) were made lo defined oontribulion pension sd)emes. heafihcare and life insurance on behalf of employees whose emoluments exceed £60,000. Remuneratlon of key management pèrsonnèl The remuneration ol key management personnel is as follows 202S 2024 Aggregate eompensation 139.562 132,730 -25-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 13 Nèt 9ainslllo$sesl on invèstments Endowment Endowment lunds funds general general 2025 2024 Revaluation of investments Gainlllcissl on sale of investments Gainlllossl on disposal of investment properties 334,231 7,0(12 50,001 173,997 8.159 391.234 182.156 14 Taxation Stansled Park Foundation is a regisler¢d charffy (number 11012511. AS a result of rts charitable status no liability to taxation arises on the Foundation's investment income. Profits on Stanstèd Park Events Limited a￿ translerred lo Stansted Park Foundation by w2y of gift aid. 15 Transfers Thè transfer between funds is made up of the folowing"_ £166.171 transleried from Endowment to Unrestricted funds due to a net tiansler of money of £164.000 out of the investment portfolio, freehold and investment property improvernenls and heritage assets additlOll5 funded out of unrestricted funds of £23.320. the write off ol Visitor Cenlre Project expenses out of treehold propety of £111,040 2nd the nel reduction ol bank loans lunded frorn endowrnent funds of £85.549. 12024.. £59,645 transferred from unrestricted to endowment funds due to a net transfer of money of 1138.998 out of the investment portfolio, freehold and Investment propety Improvements funded out of unrestiicted funds of £135.549 and the nel roduction in Bank loans funded from vnreslrided fvnds of £63.0941. 26-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 16 Intangible fixed assets Cost Al 1 January 2025 Additions- Separately acquired 43,000 Al 31 December 2025 43,000 Amortlsatlon and impaimient Al 1 January 2025 Amortisation cha¥ged lor the year 3.071 At 31 December 2025 3,071 Carrying amount Al 31 December 2025 39.929 At 31 Decerrbei 2024 17 Tangib￿ fixed assets Frsehold Land and bulldlngs Plant and machlnery Flxturos. Motorvehlcles flttings & equipment Total Cost or valuation At 1 January 2025 Additions Disposals Rev31ualion 8,843,737 649,573 150,833 1111,0401 1385.7501 51,375,503 214,042 76.453 152.055 11,fj75 9.859,407 238,961 1496.7901 51.375.503 At 31 December 2025 60,108,200 414.656 290,495 163.730 60,977,081 Depreciation and impairniènt Al 1 January 2025 Depreciation charged in the year Eliminated in respect of disposals 551,657 33.793 1362.2761 151,673 18.009 49,187 28,636 752,517 80.438 1362,2761 At 31 December 2025 223,174 189.682 77,823 470.679 Carrying amount At 31 December 2025 60, 108.200 191,482 120.813 85.907 60,506,402 At 31 December 2024 8,843.737 97,916 62,369 102,868 9.106,890 27-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 17 Tangib￿ fixed assets (Continued) The nel carying value of tangible fixed assets includes th8 following in respect of assèts held under finance leases or hire purchase ¢onlra¢ts. The depreciafy'on charge In respect ol such assels amounted to £O12024- £4.9981 for the year. 2025 2024 Plant and machinery Motor vehicles 14,616 7,256 21.872 We have used the Sedgwick valuation report to revalue Ihe freehold property elements that include buildings. Thi5 valuation uses the reillslalement cost of the buildings as at August 2024. Given the unique nature ol the property, being that of a stately home and its estate of listed buildings. aehieving a meaningful markel valuation of the property is considered to be difficult, hence the adoption of thi5 C05t melhod of valualion. This is a change of estimation method from piior years when an open tnarkel valuation method was used. Freehold property also includes a nurnber of tranches of wood5 and parks. being land only property and it 15 onsidered appropriate tts continue to adopt market valuations foi this land. The historioal cost of these assets is £4.500.26212024.. £4,500,262). 18 Heritage assets Al l January 2025 Purchases 9.021,250 733 At 31 DÈ¢ember 2025 9,021.983 In common with many hisloriG houses. the Heritage assets con51St of furniture and lumishings, carpets and rugs, lapeslries, collectors ilems. clocks, silver and plated wares. objects of vertu, European and Oriental ceramics. works of art. gardÈn stalu2ry, Pi¢tures and books. The Trustees maintain the ￿lleCtIOn relevant to th8 history of the house and lo thé Ponsonby farnily. From lime lo time there are acquisitions and disposals of the collection. The collection is catalogued and valued by major valuation Auction House. Visilors to the house have ac¢e$s lo the public rooms. Other a18as can be visited by prior arrangement. During the past five years there have been additions of heritage assets of £733 (none in 2021. 2022. 2023 and 2024 and £733 in 20251. No heritage assets have been sold during the past live years. Thè Hèmage assets were valLJed at 31 December 2024 by specialist valLJers Sothebys, Quastèl Associates and Spink & Son for insurance purposes at £9,021,250. The historical cosl of these assets is £3,339.919. 28-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR fHE YEAR ENDED 31 DECEMBER 2025 19 Investment property 202$ Fair value At 1 January 2025 Addrtions through external acquis>tion Net gain5 Qr losses through fair value adjus(ments 29,544,890 22,587 128,165 Al 31 December 2[125 29.695.442 The Iru5tees have valued the investment property on a consistent basis with previous years. RM Davies has provided updaled valuations as at 31 December 2025 and we have consideied his expertise and experience as appropriate lo provid8 these valuations. Based on his market assessment the carrying values as al the last valuation130 September 20221 have been uplifted by 5°A. adjusting for any piopety additions since the last valuation. 11 investment properties were stated on an hisiorical cost basis rather than a fair value basis. the amounts would have been included as follows". 2025 2024 Cost Accumulated {Jepre￿atIon 7.734,383 7.711,796 Carrying amount 7.734.383 7.711.796 20 Fixed assèt invèstmènts ListedLiquldity Fund investments Cash in Other portFolko investments Total Cost or valuation At l January 2025 Additions Valuation ¢hanges Movement in cash balances Disposals 2,584.389 29.954 206,066 330.500 104.000 34.339 2.949,230 133954 206,066 7,716 1260,7821 7,716 1260,7821 Al 31 December 2025 2.559,627 434.500 42,055 3,036,184 Carrying amount Al 31 De￿mber 2025 2.559,627 434.500 42,055 3.036,184 Al 31 De￿mber 2024 2.584,389 330.500 34,339 2.949,230 -29-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2025 20 Fixed asset investments (Continuedl 2025 2024 Other investrnents ¢omprise.' Notes Investments in subsidiaries 34 Fixed asset inveslmènts revalued The listed investments are valued at their market value at 31 Decernbei 2025 01 £2,559.627 12024.. £2.584.3891. The historical cost of the listed Inve51rnents is £1,856,921 12024. £2,035,606). Fixed asset Invesb))ents not carried at market valuè The Liquidity Fund. eash in the portlolio and the shares held in subsidiaries are stated at ¢osl. 21 Finan¢ial instruments 2025 2024 Carrying amount of financial assets Instruments measured al 13ir value through proffil or loss 2,559,627 2,584.389 22 Debtors 2025 2024 Amounts falling due within on• y8ar= Trade debtors Olhei debtors Prepaymènts and accrued income 93,043 20,493 12,184 103.974 3,700 18,803 125,720 126,477 23 Creditors.. amounts falling duè within one year 2025 2024 Notes Bank loans Obligations under finan￿ leases Othei taxation and social securty Trade creditors Other creditor5 Accruals and deferred Income 25 26 $4,560 53.800 5,900 49,171 140,725 79,549 59,169 46,675 32,002 57.926 55.935 247.098 388,314 30-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 24 Croditor5-. amounts falling due aftèr more than one year 202S 2024 Notes Bank loans 25 1,255,708 1.352.015 25 Loans and overdrafts 202S 2024 Bank loans 1,310,266 1.405.815 Payable within one year Payable after one year 54.560 1,255.706 53.800 1,352.015 Amounts included abovè which fall due after five years.. Payèble by instalmenls Pay2ble other than by Inslalments 16,420 502.938 93.200 502.563 519,358 595.763 The long-term bank loans are S￿￿[ed by fixed charges over certain Freehold invèstrnènt property of the mpany which have a total value in the accounts of £5,321.288. The company has two fixed rate. interest only. long term bank loans of equal amounts. Thè first loan has a fixèd iale ol Interest of 3.86 /0 per annum, with the one off capital repayrnenl being in February 2028 and the second loan has a fixed rat8 of interest of 4.35°/. pèr annum, with ihe one off ¢apital repayrnent being in Febiuary 2038. The company also look out two new long term bank loans in 2022. The first loan has a fixed rale of interest of 4.38Q/o per annum. with capital and interest repayments being rnade rnonthly, with the final inslalrnent being paid in February 2031. The second loan has a variable rale of Inteiesl o12.5°/o above the Bank of England base rate. with capital and interest repayments being made rronthly. with thè final Instalrnenl being paid In June 2031. The gioup also has a government backed bounce back loan of £5,000 which has interest at 2.5°/o per annum and will be repaid by Tnonlhly instalments until Il is repaid in June 2026 26 Finance lease obligatlon$ Future minimum lease payments due under finance leases 2025 2024 Within one year 5.900 The hire purchase obligations on a motor vehicle and an item of plant and machinery have now ended. During the year there have been finance ¢haiges incurred of £72912024- £1.0381. 31

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 27 Reliremgnt benefit s¢hemes Defined contrlbution schemes The Charily operates a defined contribubon pension scheme for all qualifying employees. The 3ssels of the scheme are held separately from tho$6 of the Charity in an independently adrninistered fund. The tharge to profit or loss in respect of defined contribution schemes was £15.69712024- £16,585). 32-

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STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 29 Restricted fund¥ The income funds of the charity illclude reslricled funds comprising the following balan￿$ of donations and grants held on trust for speafic purposes.. At 1 January 2025 Incoming resourcès At31 D•¢embèr 2025 Chapel refurbishment 6,336 6.336 30 Analysis of nèt a$sets behveen funds Unrèstrlctèd funds 202S Restricted EndowrnerFt funds fund5 3025 2025 Total 2025 Fund balances at 31 Decembar 2025 are repres8nt*d by: Intangible fixed assets 39.929 Tangible assets 398.202 Heritage assets Investment propertie5 Investments Current asselsllliabilitiesl Long t8rm Itabilities 39.929 60.108,200 60,506.402 9.021,983 9,021.983 29,695.442 29.695,442 3,036,182 3.036,184 441 651,926 11.255,7061 11,255,708) 645.149 6,336 1,083.282 6,336 100.606,542 101,696,160 Unrestricted funds 2024 Restricted Endowrnenl funds funds 2024 2024 Total 2024 Fund balances at 31 Dec•mbèr 2024 are representéd by.. Tangible assets 263.153 Her¢tage assets Investment properties Investments Current assetsllliabililiesl Long term liabilitiÈ5 8.843,737 9,106,890 9.021.250 9.021.250 29.544.690 29,544,890 2.949,228 2,949,230 143,8001 393,103 11,347,015) 11.352,0151 436,903 15,0001 695,058 48,968.090 49.663,148

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CQNTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 31 Operating lease commitmgnts Lessee Al the reporting end date the Charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £9,735 12024 E12.3311. The lotal expenditure in the year relating to operating le85es is £2,64612024- £1.4271. Lessor The leases consisl of residential assured tenancies and commeraal leases. Al the reporting end date the Charity had ¢onlraded with tenants lor the following minitnum lease payments.. 202S 2024 wrthin one year Between two and five yeaf5 In over five years 895.180 1,152,961 1.142,521 919,220 1.368.836 1.247.301 3,190.662 3,535,357 32 Capitsl commitments 2025 2024 Amounts conliacted lor but not provided in the financial statements.. Aoquisition of prO￿rtY. plant and equipment 60.432 33 Relatsd paity transactions Transactions with related partie$ During the year the charitable group entered into the following transactions with lélated parties.. The Earl and Countess o18essborough are directors of Broadreed Lirnited. During the year the Foundation charged lent to Broadreed Limited of £6,71012024- £6.7101 and the Foundation piirchased builcling m>leria15 from them of £1.21712024- £01. Included in Trade debtors is £012024- £2831 owed by Broadreed Limited. The Earl of Bessborough's son. Viscount DuneAnnon. who is also a trustee, is a sharehtsldèr in Sam and Fred's Fine Food Cornpany Ltd. During the year there was rent rèeèivable from Sam and Fred's Fine Food Company Ltd of £34.818 12024 - £32,500). electric recharged lo Ihem of £17.591 12024 £17,831), water charged of £100 12024 - £1001. services recharged of £1.30612024 - E2761. Insurance recharged of £1.003 12024 - £0) and healing rech3rged of £012024 - £3961. Incjuded in Trade debtors is £5,600 12024 - £6.8141 owed by Sam and Fred's Fine Food Company Ltd. There was a150 sundry expenditure incurred of £012024 - £1681 Irotn Sam and Fred's Fine Food Company Ltd and included In Trade creditors Is £O12024- £2021 owed to thém. 35-

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 34 Subsidlarlos These finanGial statements are consolidated charitable group financial statetnenls for Slansled Park Foundation group. Details ol the Chartty's subsidiaries al 31 December 2025 aré as follows.. Name of undertaklng and ¢ountry of incorporation or residency Nature of business Class of sharèholding % Hèld Direct Indirect Slansled Park Events Limited- Company no. 03435921 Slansted Part( Limited Company no. 2017292 England Functions al Slansted Park Ordinary 100.00 England Dormant Ordinary 71K).00 The aggregate capital and reservés and the result for the year of these subsKliaries were as follows.. Name of undertaking ProftUILossl Capital and Resèrvès Stansled Park Events Limited - Company no. 03435921 Slansled Park Liwited- Company no. 2017292 48,432 10.762 164.592} Both ol these sub51diaries have the samè registered office as the parent. Stansted Park Events Limiled is included in the Consolidated accounts ol Stansted Park Foundation, howevei, Slansled Park Limited Is not included In the Consolidated accounts as the cotnpany ceased trading in July 1992 and the resutts ale not conSide￿d matenal for the purpose of giving a true and fair vi￿. The investment in Stansled Park Lirriled is staled at Gost in these consolidated accounts. The principal activity of Stansted Park Events Limited is that of providing services and lacililies for fundions at Stansted Park. The aggregate amount of assets al 31 DeGernber 2025 is £105.216, liabilities is £94.454 and has funds of £10.762. The company's tumover Is £265,415. olher income is £1,650, expenditure is £220.633 and profit lor the year is £46,432.

STANSTED PARK FOUNDATION (LIMITED BY GUARANTEE) CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2025 35 Cash generated fvom operations 2025 2024 Surplus lor the yeai 657,509 345.098 Adjustments for". Investment income recognised in slalement of financ481 activities L0$51lgainl on disposal of tangible fixed assets Write off of V151tor Centre Project expenses Gain on disposal ol investment property Gain on disposal ol investments Fair value gains and losses on investments Amortisation and impaiirnent of intangible assets Depreciation and impairment ol tangible fixed assets 11,504,919) 11,419,968} 23.474 118,770} 111.040 150.0011 17,0021 1334,2311 3.071 80.438 18,1591 1173,9971 34.242 Movernenls in working capital.. Ilncreaselldecrease in stocks Decrease in debtors IDecrease)fincrease in creditors Ilncreaselldecrease in loan sel up fee prepaid 181 3.957 61.699 1.889 757 1136,0761 1,804 Cash absorbed by operations 11.154,1361 11,173.8281 36 Analysis of changes in net Idebtllfunds Al l January 202S Cash flo￿ At 31 De¢emb8r 2025 Cash al bank and In hand 654,940 118,364 773,304 Loans falling due within one year Loans falling due after more than one year Obligations undér financè leases {53.8001 11,352.0151 15.9001 {7601 96,309 5,900 154,5601 11.255,7061 1756,7751 219,813 1536,9621 -37-