2023-03-31-accounts

Company number: 05171882 Charlty Number.. 1109239 The Chiswick House and Gardens Trust Report and financial statements For the year ended 31 March 2023 SAYER VINCENT

The Chlswlck House and Gardens Trust Contents For the year ended 31 March 2023 Reference and administratlve Informatlon Trustees, annual report Independent auditor's report Statement of flnanclal activltles lincorporatlng an Income and expendlture account) Balance sheets Statement of cashflows Notes to the financlal statements .23 .24 .25 .26

The Chiswlck House and Gardens Trust Reference and admlnlstratlve Informatlon For the year ended 31 March 2023 Company number 05171882 Charity number 1109239 Reglstered offlce and operatlonal address The Estate Office Chiswick House London W4 2QN Country of reglstratlon England & Wales Trustees Trustee5, who are also dlrectors under company law, who served durlng the year and up to the date of this report were as follows.. Slan Alexander {1> Chalr (appolnted 9 June 2023) Slr Derek Myers (11 Chair {reslgned 9 June 2023) Cllr Amy Croft ILBHI lappolnted 17 June 2022) Charles d'Arcy-Irvine 111 Ireslgned 17 June 202 21 Sebastlan Edwards 111 (Chair of Heritage Advlsory Panel) Kaihryn Foster 11) {appolnted 16 September 20221 (Flnance. Audlt & Rlsk Commltteel Paula Ghosh Dr Lynne Guyton Seema Kotecha Lycla Lobo Cllr Tony Loukl Tracey Reed Mark Stuart Smlth Vlcky Taylor Cllr John Todd 11) IDevelopment Committee) 11) (resigned 9 June 2023) IEHTI (appolnted 16 September 20221 (Development Commlttee) ILBHI Iresi9ned 17 June 20221 (EHTI (resigned 16 September 20221 IEHTI (Chalr of Flnance, Audit & Risk Commltteel 11) (Development Committee) Icapltal Project Board) (LBH) (Finance. Audlr & Rlsk Commltteel Company Secretary Xanthe Arvanitakis lappolnted 16 September 20221 Nominated by The London Borough of Hounslow ('LBH') The English Heritage Trust I'EHT'I Independent ('I')

The Chlswlck House and Gardens Trust Reference and admini5tratlve Inforniatlon For the year ended 31 March 2023 Key management personnel Xanihe Arvanltakls Laura Arthurton Rosle Fyle5 Nlckl Thomas Sue Sandle Dlrector Head of Finance Head of Gardens lappolnted 20 Aprll 2022) Head of Commerclal Head of Development (appolnted 5 June 2023) Bankers HSBC Bank plc 593-599 Fulham Road London SW6 SUA Audltor Sayer Vlncent LLP Chartered Accountants and Statutory Audltor Invlcta House. 108-114 Golden Lane London ECIY OTL

The Chiswlck House and Gardens Trnst Trustees, annual report For the year ended J l Maryh 2023 Trustees preseni thelr report and the audited financial statements for the year ended 31 March 2023. Reference and administrative Informatlon Set out on pages l and 2 form part of th55 report. The financial statements comply with currenr statutory requirements, the memorandum and articles of assoclatlon and fhe Statement of Recommended Practice Accounting and Reporting by Charities.. SORP applicable to chariiies preparing thelr accounts In accordance with FRS 102. Objectlves and actlvltles Purposes and alms Chiswick House & Gardens Trust (CHGT) welcomes more than I million visits to the garden5 annually. The charlty looks after a 300-year-old grade I listed historic house and landscape with 65-acre gardens, 2-acre kitchen Garden and 1 .800 trees In the heart of West London. Over the past three years, during and after the pandemlc, the gardens have become central to the dally Ilves of thousands of people In the community. The charltable objectlves are to advance educatlon by the preservatlon, restoratlon, maintenance, repair and enhancement of the House and Gardens and thelr contents, for the benefit of the publlc, the historlcal and archltectural herltage of England and for such purposes as are exclusively charitable according to ihe laws of England and Wales. CHGT believes that herltage sltes have more than one role ro play and that offerlng a hlstorlc experience is only part of its purpose. They have recognlsed the enormous potential of the house, gardens and kltchen garden to respond to some of the challenges faced by our local communlty. Poor physlcal and menial health. isolatlon, lonellness, unemployment, poverty and a disconnect from narure are just some of the serlous155ue5 faced by resldents. CHGT Is fortunate to have the assets to make a real difference In the Ilves of local people. But they have also recognlsed they are not reachlng or attractlng diverse audlences from further west In the Borough. Unequal access to servlces and resources Is key strateglc priorlty for the Borough whlch CHGT Is addresslng. With the learnings from rhe pandemlc, CHGT revlewed Its 1 O-year strategy, published in early April 2022. This sets out a clear misslon to conserve thelr h15torlc, built, horticultural and natural herltage for thelr vlsitors. sustain and improve their biodiver51ty and 5UPPOrt their local communlty's health and well-being and vision to be a speclal place to del Ight, educate and be inspired by the 300 years of storles of Influence, design, and envlronment. For everyone. every day. CHGT also set out their audience development alms l . To increase the diversity of their visitors so that they can better reflect the ethnic diversity of our borough

The Chiswi¢k House and Ganlens Trnst Trustees, annual report For the year ended 31 March 2023 2. To attract families who visit the garden5 to engage and benefit from Chiswick House. the kitchen garden and community programme 3. To become more acce551ble and ensure access to interpretatSon Is appropriate for diverse audiences 4. To persuade their regular local vlsltors to support Chiswlck House & Garden Trusi by Jolnlng our Membership scheme The Culture Recovery Fund ICRFI funded the plloting and development of four Inltlatlves during 2020121 whlch Informed rhe l O-year plan and will shape the future susrainability of CHGT.. l . Gmwlng Together at Chiswlck House, the communitypartlclpatlon programme. wlth the support of the Llnbury Trust was piloted and launched. In 2022 alone CHGT has worked wlth over 50 communlty group5 and over 3,300 participants. We have demonstrated and evldenced that there is demand for new. expanded and enhanced learnlng and communlty actlvlty ro Increase knowledge about food productlon, nutrltlon and hortlculture, improve mental health and wellbeing and establish CHGT as a communlty hub. 2. Invested In developlng and launchlng an Indivldual glvlng. membershlp and patrons, scherne to Increase unresrrlcted regular fundlng. Launched a creatlve publlc programme to attract and engage new audiences. In 2022 CHGT secured £42.Sk to support this activity from Arts Council England, London Borough of Hounslow and English Herlrage. 4. Comm15slon placemaklng and buslness plannlng experts to set out our l O-year capital development Identlfylng better uses for our underused and underutlli5ed bulldings and green spaces. Charlty Commlsslon's general guldance on publlc beneflt has been reviewed when consldering aim5 and objectives and In planning future actlvitie5. Durlng the year CHGT contlnued to provide free access to the gardens, whlle also managlng the operarlons of Chlswlck House and the kltchen garden as well as dellverlng the communlty, learnlng, creatlve and volunteer programme. Achlevements and performance 2022-23 CHCT'S grants from the London Borough of Hounslow and English Heritage were secure but only overed 23% of total costs in the year. Pre-pandemic, m05t costs were mainly covered by tradlng actlvitles. Durlng the pandemic, tradlng Income collapsed, so CHGT cut costs, pivoted the business model and brldged the gap with successful fundralsing from the CRF and addltional grants. Recovery in 2021 was slow and 2022 has been equally challenging with the comblned Impact of changlng behaviour5 by visitors and users of the gardens, commercial partners confldence and cost of Ilvlng crlsls Impactlng costs: Chiswick House and the Kitchen Garden opened for paylng vlsitors from April to October 2022. Vlsltor numbers dld not grow and remained at 12,730. reflectlng the experience In the her5tage settor. therefore admlsslons and retall Income were less than planned.

The Chiswi¢k House and Gardens T￿$t Trustees, annual report For the year ended J l March 2023 Large. partnered events returned and privare events. malnly weddings, have recovered to 80% of the pre-covid business. Lead times are shorter. budgets and therefore profit margln is under pressure. Impact of climate change on cost of cycllcal rnaintenance, small capital works and tree management. There Is need for additlonal gardenlng staff to deliver our maintenance and enhancement programme. On a positive note. There is a real demand and need for being outdoors, engaglng Wlth nature and an Interest in local food productlon. ThSs Is reflected In rhe success and increased demand for CHGT'5 community, learnlng and volunteer programme. Growing Together at Chlswick House (funded by the Linbury Trust), whlch has surpassed expectatlons, • The work CHGT has done io increase Its charltable Impact through the community, learnlng and volunteerlng has meant CHGT 15 more fundable through indlvldual. Statutory funders and trusts and foundatlons. Arts Councll, LBH Summer of Culture and Engllsh Heritage Shout Out Loud programme funded Black Chlswlck through Hlstory and Grow FM creatlve programme5. providlng new experlences in the House and Kltchen Garden reachlng new audlences. Cafe takln9s were down by 8% compared to 2021122, whlch Increased due to Covid restrlctions when other locations were closed. But footfall and taklngs were hlgher than 2019 pre-covid. Efforts to ensu re Ch lswlck House and Gardens Is film-frlendly and proactlve marketing has 5ub5tantially increased Income from £46,53 7 for the year ended 31 March 2019 Ipre- covidl to £212,412 In 202 3. But there is uncertainty for Immedlate future caused by the writers and actors strike. The Olrector wlth the senlor management team were stlll focused on pivotlng the buslness model: l .Contlnued control of operating cosrs 2.Growth of Indlvldual glvlng and development of more sustainable fundraising 3.Optlmlsatlon of trading I ncome.. exlstlng partner and private events busine55, film location, caterlng, admlsslons and retail 4. Development of a new strategy and clear plan for the ongolng malntenance and enhancement of the gardens and kitchen garden 5.Continued growth of community, learning and volunteer programme 6, Unlocking the potential of our underused and underutili5ed spaces l.Contlnued control of operatlng costs CHGT kept a tight handle on operating overhead costs. Focus was on costs most Impacted by cost-of-living crisis l.e. Utilities, contracts and staff costs. Work Is underway to Identlfy more competitive and environmentally responsible utility suppliers via LBH and EH frameworks.

The Chlswlck House and Gardens Trust Trnst••%' annual r•port For the year ended 31 March 2023 2.Growth of Indlvldual glvlng and the development of more sustalnable fundraisin9 There wa5 a continued sharp focus on fundraising after the essential 5UPPOrt from the Culture Recovery Fund. Indlvldual unrestricted donations were £39,990 In 2022123 compared to £40.982 2021122 wlth z 451 memberships and 25 patrons. £294.981 of grants were secured from Trust and Foundations to fund projects ranging from Schools projects to creative programrne. 3. Optlmlsatlon of tradlng Income CHGT continues to focus on securing long-term contracts. hlgh quality partners and getting the balance right between commerclal events and the experlence for regular garden visltors. Private venue hlre sale5 and catering was ouisourced to CH&Co and the mature weddlngs business Is back to 80% of 2019. CH&Co continue to develop new offers to grow thls business. Regular Duck Pond market. klds, sports clubs. and the shop provlde year-round Income and engagement for regular vlsitors. The visitor experlence team and operatlon were folded Into the Commerclal team to provide more commercial focus as seen by the growth In group tours. Over 202212 3 CHGT welcomed 40,000 event goers, plus the Halloween Ilght trall and 2.000 guests to 24 weddln9s and corporate events whlch generated £474,921 . Visitor numbers to the House and Kitchen Garden were 12,730 generatlng £61 .81 O admlsslons and groups Income. In Feb 2023 a last-mlnute large-scale fllm shoot provlded slgnlflcant addltlonal Income. The café fed 330.000 people., Income was l 0% down compared to 2021122 but footfall was malntalned. Overall, the Trading actlvlties generated £90S.535 {compared to pre-pandemic income of £713,651 20191. The shop that opened In the House In 2021 and wlth sales of garden produce generated £58.848 of revenue In the year. 4. Gardens R051e Fyles, the new Head of Gardens, Jolned In Aprll 2022. She Inherlted a signlflcant backlog of work from reduced staff and volunteer time over the pandemlc wlth the addltlonal Impact of cllmate changes. The focus has been on smart use of our staff team, contractors and transforming our volunteer programme so that CHGT moves from partlally malntalnlng to Improvlng the gardens. bulldlng thelr future resillence to cllmate change, Increaslng blodlverslty and givlng joy to visitors. The garden team has been focussed on the most used areas of the garden and those area5 wlth m05t historic value so that the 'whole story, of the gardens can be told. The Rosary has been Identlfied as the 'flrst Engllsh rose garden, and Is being rejuvenated, adding to the 2010 planting, The Itallan Garden Is now belng malntalned to a hlgher formal standard whlle Increaslng 5ucce55ional flowering for pollinator value. The staff and volunteer gardeners planted 5 5,000 bulbs and 2 5 trees and, In the shrubbery, the conservatory camellia collection is now planred In duplicate outdoors, where it is thriving. Working closely wlth the Hounslow Food Network. CHGT formed a partnershlp wlth Surplus for Supper setting the objective to 'donate as much produce as we sell.. The kitchen garden produce eamr £16.664 in 2022123. Throughout auturnn and winter 22-23. kitchen garden projects have enabled slgnlficantly Increased produttivlty, Increased opportunltles for vlsltor engagement and a more sustainable approach.

The Chi$wlck House and Gardens T￿$t Trustees, annual report For the year ended 31 March 2023 In 2022 the Grade I Ilsted gardens were awarded a Green Flag and Heritage Green Flag. The Kitchen Garden was awarded a gold medal by London in Bloom. 5.Gmwlng Togetherat Chlswlck House - Communlty, Learnlng and Volunteer Programme Community and Learnlng Programme CHGT has made great progress towards delivering the key objectives to create a collaborative and Inclu51ve programme that works closely wlth the local community and strengthens local partnerships through co-developed participatory engagement. The programme 15 led by the Community Partlclpation Manager, Head of Gardens. Community Kitchen Gardener and Kitchen Garden Apprentlce. The three key obJectlves defined In consultatlon wlth the communlty groups are.. l. Increase knowledge about food cultlvatlon, nutrltion, and hortlculture 2. Improve mental and physlcal health and wellbelng 3. Build confidence in accessing Chiswick House & Garden5 as a communlty hub and resource Actlvltles take place mostly in the kltchen garden - an Insplrlng and productlve communlty space. Over 50 community groups came together with experienced creatlve and horticultural practltloners, the gardenlng team and volunteers to learn, share skllls, build confidence. soclallse and enhance wellbelng. The kltchen garden team delivered weekly se551ons wlth groups, Independently of external practltloners, as well as Inltlatlng projects wlth communlty groups. CHGT contlnues to gather regular feedback from partSclpants and groups leader5, whlch shapes and deflnes the co-developed actlvlty. Groups have developed a strong attachment to the gardens and deeply value the mutual benefSts of worklng together. They choose to return tlme and time agaln, throughoui the seasons, to experience the gardens independently, through co-developed projects, as well as recommendlng CHGT to others, Chlswlck House & Gardens has become an integral part of local provlders, programmes of actlvltles and events, a local resource that enriches their offer to groups and deepenlng thelr connection to a green and historical space. CHGT has supporfed over 3,300 partlclpants from Homestarr famllles wlth toddlers, Cavendish Primary School puplls, Heston Blg West Local to Masbro Elders and many more partners. On a personal andprofesslonal level. It has been both a pleasure and a Pri￿lege to work with CH&G on these projects. The co-producrlan approach and Instlnctlve understanding of communlty outreach and facilitation has brought about a real appreciarlon of how community qmup5 function and what 15 needed to bring about meanlngful engagement with these gmups. Group Leader - Masbro Elders Project Over the last tJYo years the programme activity has; Deepened partnerships with community partner5, creative collaborator5 and confidence In the co-deslgn methodology. Projects including cooklng, wellbeing and creailve activities in the Kitchen Garden and learnlng room Including a 2-year project wirh Cavendish Primary School working with every pupil to develop their connection5 Wlth nature and confldence In accessing the gardens.

Th• Chljwltk Houxe and Gardeng Trnst Truth•s' annu￿ r¢port For the year ended 3 l Mw¢h 2023 Increased gardenlng acilvlty and horticultural offer with the support of the kltchen gardeners and apprentice enabllng the pllotlng of gardening tO9ether sessions wlth Queensmill and London SEN Parents. Enriched Interpretation and explorln9 dlverse hlstorles wlth the support of English Herltage Shout Out Loud grant we continued our Black Chlswlck through Hlstory research proJec¢ culmlnatlng In new dlsplays worklng wlth Chlswlck School and Hogarth Youth Communlty Trust. Creatlve programme Grants from the Arts Councll England and London Borough of Hounslow Summer of Culture funded Grow FM summer programme whlch explored the theme 'communlty as health, whlch featured commlsslons from local and internatlonal artlsts and roamlng pop-up radio station broadcastlng from Chlswlck House & Gardens. The programme was curated by Ylnka Danmole and Tadeo Sendon. Over the Summer CHGT worked wlth 18 creatbve practltloners, tralned 3 young people to produce thelr own radlo programmes. reached over 5,741 Ilve audlences and 5,900 dl9Stal audlences. These audlences were younger and more dlverse than the dally vlsltor. Volunteer programme More than 180 volunteers contrlbuted Just undef l 0,000 hours wlth contlnued growth In a vounger demographlc (35 to 49 years old). Roles and opportunltles are now expanded to offer more flexlblllty and varylng depths of contrlbutlon, from one off plantlngs to ongolng cultlvatlng and haNestlng In the Kitchen Garden, outdoor ranglng to bee keeplng. vlsltor welcome to tour guides and archlvlsts. CHGT also Introduced speclallst volunteer roles provldlng opportunltles for more confldent speclallst skllled Indlvlduals to take ownershlp of certaln areas. Thls has been very successful as seen by the transformatlon of the Rosary. As we expand our charltable activltles, we wlll also create new volunteering opportunltles. Our obJectlve Is to grow and dlverslfy our volunteer cohort. provlde opportunltles for sk1115 development, soclallslng, and wellbelng. We are projectlng an Increase In volun¢eerlng hours by l 0% year on year. 6. Unlocklng the potent1￿ of our underusod and underutlllsed spaces The Placernaklng Plan (known as Cedar Yards} was flnallsed In Aprll 2022 and set out a l O-year capStal development plan of four phases. London Borough of Hounslow's Thrlvlng Communltle5 Capllal Fund funded the appolntment of We Made That and Counterculture to continue thelr work and develop the flrst two phases of RIBA Stage 3 proposals. These first two phases wlll bulld on the success, evldence and experlence of our communlty partlclpatlon, creatlve and volunteer programme and has been developed In consultatlon wSth our communlty, school partners, creatlve practltloners, volunteers and thelr needs. Our objectlve Is to estab115h a programme of actlvltles reachin9 10,000 communlty partlcipants, 8.000 children and provide over 2,000 more hours of volunteering opportunlty. The project will repurpose unused and underused spaces to create new 5UStainable and energy-efflcleni zones to include- A multi-purpose Leamlng Hub and Fruit Garden for our communlfy and schools, actlvitles New faclllties for our volunteers

The Chiswick House and Gardens TN*t Trustees, annual rnport For the year ended 31 March 2023 A Creatlve Campu5 for local artists. makers and artisans building on our 300-year history of bui It and natural creatlve design. During the year CHGT ralsed £15 3,774 and contrlbuted a further £32,790 to fund thi5 project to RIBA stage 3. CHGT alms to submit for plannlng in September 202 3. The next phase of the capltal development plan Is to Inltiate a project to renew the Conservatory in partnership with LBH. Wlth Thanks The Trustees are deeply thankful for all the Incredlble hard work of thelr dedlcated volunteers and staff and 51gnlflcant fSnanclal support from mem ber5 and patrons, London Borough of Hounslow. Eng115h Herltage, The Llnbury Trust, Thrlvlng Communltles Fund. Chlswlck House Frlends, Kusuma Trust, The Wates Foundatlon, Schroder Charlty Trust, Art Fund and all of our generous donors. Summary CHGT has contlnued to focus on plvotlng the buslness model as part of p05t Covld recovery. As well as engaglng wlth Core stakeholders LBH and EH to Identlfy future support to enhance CHGr reslllence and longer-temi vlablllty. The communlty engagement programme has contlnued to grow. worklng ￿th more communlty partners to dellver a broader range of outputs and Impact from gardenlng for wellbelng to creatlve artlvltles. The gardenlng t&wn have moved frorn partlally malntalnln9 to Improvlng the garden$. bulldlng thelr future re5111¢nce to cllmate change. Increaslng blodfverslty and glvlng Joy to ￿sItOrS. CHGf volunteers are back In force supportlng across all areas of work. The groundworkls fully undenyay to reallse new capltal projects whlch wlll not only enhance CHGf's raslllence but a150 deepen communlty and soclal ImpacL Impact l. The gardens are open free of charge ro the publlc 365 days each year from 7am untll dusk. 2. Welcomed I mllllon vlslts. malnly from the local area as well as across the UK., from families, dog walker5, comlng ro vlslt the House and Kltchen Garden. Joggers or slmply comlng for a walk. 3. Serrfed coffee, tea and fed cSrca 330,000 people in the café. 4. 40.000 event goers from across London to enjoy the Summer and Spring programme of mu51c. film. food. walks and ialks. 5. 12,730 visitors ro Ihe House and Kltchen gardens - awarded Trlpadvlsor 2023 Travellers. Choice. 6. H05ted 24 weddlngs and private events for 2,000 guests. 7. Planted 55.000 bulbs and 2 5 trees, cared for 1 ,800 trees. 65 acres of formal garden5, lawns and woodland. a lake and pond. all home (o a range of wildlife from waterfowl, bats, hedgeho95 to mlnlng bees.

The Chlswlck House •nd Gardens Trnst Tvwt••$' annual report For the year ended 31 March 2023 8. Undertook hedgehog and bat suNeys across ihe gardens and a detailed environmental survey of the 'frult garden,. 9. 3,300 partlclpant5 engaged in the communlty programme from over 50 communlty groups and schools mainly from the London Borough of Hounslow and London Borough of Hammersmith and Fulham. l O. More than 180 active volunteers who worked l 0,000 hours. I Worked with 31 artists, creative, learnlng and horticultural practltloners and three chefs to deliver the creatlve. community and learnlng programme. 12. The garden now operate5 peat free in all areas, glyphosate use has been substanrially reduced.. now only used to control alien, Invaslve species under Envlronmenf Agency Guidellnes. Selectlve weedklllers are no longer used in turf management and synthetlc fertlllser use has been reduced to one appllcatlon only on sports turf Icrlcket). Mowln9 of Informal grass areas has been reduced. Lake margins are managed for polllnators and habltat, wlth active reductlon of dominant. alien species. All planting declslons are taken wlth wildlife habltat, Improvement of blod5verslty and cllmate change In mlnd. 3. Pro-active approach 10 Iltter mana9ement has reduced Iltter by 50% left by v151tors In the gardens back to pre-covld levels. Flnanclal revlew The prlnclpal fundlng source for the malnrenance of the Gardens Is the London Borough of Hounslow ILBHI and for the malntenance of the House Is Engllsh Herltage. Durlng the year addltional grants were recelved from the LBH towards the Cedar Yards Placemaklng project and towards repalrs to the Consebvatory. English Herltage Shout Out Loud programme provlded funds towards the Black Chi5wick through Hlstory project. In addltlon. In the year grants were recelved from a number of charltable foundatlons, Includlng.. The Llnbury Trust, Chlswlck House Frlends, The Wates Foundatlon, Schroder Charlty Trust and Arts Fund. Income for the year was £1 ,888,790 (2022 - £1,681 ,8281, an Increase of £206,962 112%). Tradlng Income showed further recovery from the previous year, increaslng to £905.535 from £647,779. The increase was due to an upllft In fllming Income mainly due to lasi mlnute large- scale booklng plus a recovery In wedding and corporate Income. Caterlng and car park Income were both down by l 0% and 20% respectively. with the end of Covld re5trictlon5 resulting In more competing options available to the public. Grant income from Trusts and foundatlons was £383,875 whSch Is an Increase of 20% on the prevlous year. if the Cultural Recovery Grant is taken oui whlch was speclfic to the recovery from Covid period. Unrestricted Individual donations were at a slmllar level to the previous year. Income from admisslon5 was £61 .810 up from £41822 the previous year due to the House being open for longer and rhe return of prlvate tour groups. Total expenditure wa5 £1,828.008 12022 -£1 ,616,748), an increase of £211.260. Staff costs increased by 27% to £74795 3 from the previous year. whlch was malnly due to: An InC￿aSe in staff numbers In the commerclal team to manage the Increased activity. Full-time staffing of the new communlty prograrnrne including a communlty partlclpation manager and a kitchen garden apprentlce funded by the Llnbury Trust.

The ChlwAck Howe and Gardens Trnrt Trustè•s' annual r•port For the year ended 31 Mavch 2023 Additional gardening staff. A full year for some support staff roles ihat were recruited part-way through the prevlous vear. Annual payrlses that were impacted by inflatlonary pressures. Trading and the cost of ralslng funds Increased to £564,705 from £418,489 In the prevlous year which wa5 rnalnly due to direct costs incurred enabling the events programme and marketing expendlture. Garden management COSt5 were In line with previous years. House management costs decreased to £266,007 from £278,219. This Is malnly due to lower project costs compared to the previous year when the House was reopened. Support costs, coverlng central staff, flnance. IT and HR. Increased year on year due, In part, to the appolntment of a Head of Finance part way through the prevlous year. The increase In utility costs had an Impact along wlth the general Increase In actlvlty. The Cedar Yard project commenced in the year, £60,440 was capitallsed as assets under constructlon relatlng to inltlal plannlng costs. The £78,287 of costs relatlng to Cedar Yards Included In expenditure has been split based on head count between Ralslng Funds, Estate Management and Community Programme. The net result was a surplus of £60,75 2 (compared to 2022 surplus of £65,080). At the year-end, net a55ets representlng funds held were £572.25 7 (2022 - £499,494). an Increase of £ 72.763 115%) from the posltlon a5 of 31 March 2022. Income Is generated In the tradlng subsldlary, Chlswick House Trading Company Limited, whose maln purpose Is tradlng whlch Sncludes venue hlre for weddlngs and prlvate events, partner events in the gardens. filming, retail and includes the cafe franchise. Reserves Total consolidated reserve5 a5 of 31 March 2023 were £743.593 131 March 2022 - £682,840) and are analysed between restrlcred and unrestricted funds In note 17a to the accounts. commentary for the year is included In the financial review. In order to achieve an improved presentation to a5SiSt in the understanding of our financial position the items in the Restricted funds that relate to fixed assets have been transferred to the unrestricted designated fund for fixed assets. The transfer was for £162,333. The restricted fund decreased to £120,202 131 March 2022 -£224,002). this now represents only funds to take foNard to be allocated to restricted project expenditure.

The Chlxwlck Houx¢ and Gardens T￿>t Tru$t••s' annual report For the yéar end6d 31 March 2023 Unrestricted funds increased to £62 3,391, 131 March 2022 £45 8,8381. Within these funds are designated funds for fixed assets representing reserves that are not available for operational expenditure £171 .336 131 March 2022 £67,373), the maln reason for the Increase Is rhe transfer of amounts prevlously included to cover fixed assets in the restricted funds. In additlon. there are designated funds for planned future project5 by CHGT of £15,000 (31 March 2022 - £15,000) for the Cedar Yards Placemaking project, The general funds. which are free reserves, increased to £437,05 5 (31 March 2022 - £3 76,4651. CHCT trustees review thelr reserves pollcy to ensure It Is reallstlc and appropriate. The purpose of the general funds in reserves is to enable CHGT to address the major risks attached to future Income and expendlture. as well as the need to hold funds for strateglc and Ilquldlty purposes. The policy is to retain at least three months of general expenditure based on a level of three months of future forecast essentlal expendlture dlscounted to take account of the mlnlmal rlsk attached to Income from prlnclpal funders Ilncludlng London Borough of Hounslow and Eng115h Herlrage Trust) as well as other commercial income from the cafe, rental propertle5 and secured bookSngs. In the current year, the mlnlmum level 15 estlmated to be £141 ,000131 March 2022 £147,000), the lower flgure 15 due to the greater certalnty relatlng to commerclal Income that was not rhe case last year. At the 31 March the general reserve was £43 7,05 5. The reserves pollcy will be reviewed annually. Prlnclpal rfsks and uncertalntles CHGT Trustees have a duty to Identlfy and revlew the r15k5 to whlch CHGT15 exposed and to ensure approprlate controls are in place to provlde reasonable assurance agalnst fraud and error. The rlsk reglster Is revlewed regularly by the Senlor Management Team (SMTI and submltted to Trustees at each Trustees. meeting. The prlnclpal rlsks currently faced are- the105s of income and its impact on the golng concern caused by the cost-of-llvlng crisis and external events, as well as the potentlal Impact on Income generatlon from the Conservatory due to its deterioratlon. Cost of Ilvlng cr1315 There continues to be significant economic uncertalnty due to macro factors, Including Inflatlon, Increaslng Interest rate rise5 cau5in9 the contlnulng cosr of Ilvlng squeeze thai will impact costs and consumer demand. Inflatlon Is comlng through in all cost areas. To be able to addre55 this. we are monitorlng our projectlons based on assumptlons that we currently conslder reasonable, but we are living through volatile tlmes so our forecasrlng may not be as reliable as we would wlsh. We are havlng regular meetings with

The Chiy*4ick House and Gardens Trust Tnthe$' annuJl report For the year ended 31 March 2023 our key contract holders. so we are aware they are being adversely impacted by the economic situation and act if required. We are confident that the financial support from the London Borough of Hounslow and Engllsh Heritage is not at risk in 202 3124, and this provides a secure source of funds for essentlal maintenance of the House and Garden5. We are also in continuing conversations with these parties regardlng additlonal financial asslstance. Energy costs have been a particular area of concern. Actlons are belng taken with the support of both English Herltage and London Borough of Hounslow to ensure CHGT benefits from the greater buying power of those organisatlon5 in order to optimise the tarlffs incurred for energy supply. Cedaryards The Cedar Yards project Is signSflcant for CHGT and It Is key that the work5 are closely budgeted. monitored, and that fundralslng is succe55ful. Malntenance Although the cosr of any work to the Conservatory Is the responsibility of the London Borough of Hounslow, the deterloratlon of the structu re has155ues for CHGT In terms of Health and Safety and the potentlal1055 of Income as a venue. Repalrs were carrled out In January 2023, but the deterioraiion has contlnued due to adverse weather. There are ongoing conversatlons Wlth the London Borough of Hounslow about it's future. Keeping on top of essentlal malntenance works acros5 a herltage estate wlth Ilmiied resources requlres constant review. Engllsh Herltage have commlssloned a qulnquennlal suNey in 2023 which will identify any medium to long term malntenance requirements for Chiswlck House. CHGT Is engaging with the London Borough of Hounslow to carry out a condltlon survey of the LBH bulldlngs, infrastructure and ground5 to enable Improved plannlng for maintenance works across the wider estate. The estate houses thousands of trees, at least 1 ,800 of these have a glrth of 75cm or more, which puts them at a higher risk for damage from the elements. The gardening team carry out an annual tree survey, with regular revlews, to mitigate danger and maintain the trees in a safe conditlon. In addition to thls, the slte monitors wlnd speeds If the wind speed exceeds 40mph then the Gardens are closed to the publlc to ensure that they are protected from any damaged trees or falling limbs. People Safeguarding risk has increased as CHGT manage5 a busy programme of community and school groups activltles on site as well as engaging wlth a large team of volunteers. In order

The Chlswltk House and Gardens Trurt Tru$te•s' annual report For the year ¢nded J l March 202J to manage rlsk In this area CHGT have irnplemented a safeguarding polScy that requires DB5 checks. staff training and other measures. Strurture, governance, and management The Chiswick House and Gardens Trust is a Charltable Company Limited by Guarantee, Incorporated on 6 July 2004 and reglstered as a charity with the Charlty Commission on 27 Aprll 2005. The Company was established under a memorandum and artlcles of assoclatlon whlch 5efs out the objects and power5 of the Company and Its governance. In the event of rhe Cornpanv being wound up, members are required to contribure an amount not exceeding £ l O, All trustees glve their time voluntarily and recelve no beneflts from the charlty. Expenses reclaimed are disclosed in note 7 to the account5. Trustees of the Charlty are also dlrectors of the Company for the purposes of charlty law. Appolntment of trustees In accordance with the artlcles of assoclatlon and the recommendatlons of the Independent revlew of CHGT'S governance approved by the board on 28 February 2019, the chalr of the board Is appolnted by Engllsh Herltage and London Borough of Hounslow Jolntly. They may each appolnt a further tsvo trustees. The Board may appolnt additlonal trustees In accordance wlth the artlcles. The total number of trustees. Includlng the Chalr, shall not exceed eleven. All appolntments of trustees, Includlng the Chair, Shall be for a term of four year5 which may be renewed for a further four years. In addltSon, two Co-opted Trustee5 have been appolnted for four-year terms,. Ellzabeth Smlth and Jlmmy Welr, who heads the Development Committee. Organlsatlonal strutture The Board of Trusiees admlnisters the Charlty and Is responsible for Its strateglc direction and policy. The Board meets quarterly and comprlses the member5 listed on page l of this report. The prlnclpal sub-comm lttee Is the Flnance, Audit and Risk Committee which is made up of a mlnlmum of three trustee5 Wlth specialist expertlse and the Dlrector. The Finance, Audit and Rlsk Committee meets In advance of a Board Meetlng and at other tlmes as and when requlred. There Is also a Heritage and Gardens Advlsory Panel and Development Committee. All these have trustee representatlon. The Board has delegated day-to-day management to Xanthe Arvanltakis. Director, and the other key management personnel listed on page 2. Trustee Inductlon and tralnlng New trustee5 meet the Chair and the Chalr of the Flnance. Audit and Risk Committee as well as the Director and senlor Siaff before their flrst meeting. In addition, they are given a welcome pack of

The Chi$vA¢k House and Gardens Trnst Trustees, annual report For the year ended 31 March 2023 Information about the organisation and a copy of the Charity Commisslons, guldance for becoming a new trustee (Charity Commisslon document ref- CC31. Related parties and relarlonships wlth other organlsatlons English Herltage and the London Borough of Hounslow are both related parties. In addition to thelr role in appointln9 trusrees, see above, Chiswick House was previously managed by English Heritage Trust, and the Chiswick House Gardens are owned by the London Borough of Hounslow. On 6 Aprll 2017. Chi5wick House and Gardens Trust took over the operational management of Chlswick House from Engllsh Heritage under a Local Management Agreement which was renewed for 10 years in June 2022. In Aprll 2010, the Charlty assumed the management of the Gardens on behalf of the London Borough of Hounslow pending a 99-year lease, which was signed In May 2013. The Charlty also assumed Ilmited operailonal functions wlrhln Chiswick House, in 201 O, includlng education, volunteerlng, and hospltallty. Both events followed a major restoration of the hlstoric landscape and improvemenf to visitor facilities (by CHGT and the related partles) made posslble by a substantlal grant from the Natlonal Lottery Herltage Fund and other fundralsed donatlons. Remuneratlon pollcy for key management personnel CHGT'S approach to remuneration is to base Salaries on those paid for comparable Jobs In the sector and to revlew the slze and scale of the role In conjunction with the organlsatlon. Annual Increments are paid related to the golng rate In the charlty sector and the economy as a whole and subject to affordablllty. A non-penslonable bonu5 may be paid for exceptional performance In the year. Pollcy for employment of dlsabled persons CHGT advert15es all Job vacancies and there are no restrlctlons for the applicants. CHGT wlll not discrlmlnaie because of age, dlsabllity. gender reasslgnment. marrlage and clvll partnershlp, pregnancy and maternlty, race (which Included colour, natlonallty and ethnic or natlonal origl nsl, religion or belief, sex, or sexual orienrarlon. It will not dlscrlminate because of any other irrelevant factor and will build a cu Iture that values merltocracy, openness, fairne55. and transparency. The Estate Yard, garden building5, gardens and offices are fully acce551ble. In the Kitchen Garden raised beds have been Introduced to ensure that all volunteers and staff are able to garden. Should a member of staff become disabled, any and all reasonable adjustments aro made to enable them ro work. Fundralslng CHGT uses it5 own staff to provide fundralsing activities wlth Individual donors as well as Trusts and Foundations. CHGT has complied with all fundraising regulation5 during the financial year and has received no complaints regardlng Its fundraising actlvlties. CHGT will only approach individuals who have expressed an interest In becoming a donor through one of it5 initiatlves such as the membership and Patrons Scheme or memorial benches.

The Chlswlck House wd Gardens Trust Trustees, annual r•port For the year endèd JI March 2013 Statement of responsibilltles of Trustees Trustees (who are also directors of Chlswlck House and Gardens Trust for the purposes of company law) are responsible for preparing the Trustees, annual report and the financial statements In accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accountlng Practice). Company law requlres Trustees to prepare flnanclal statements for each financial year which give a true and fair view of ihe state of affalrs of the charitable company and group and of the Incoming resources and applicatlon of resource5. Including the income and expendlture. of the charltable company or group for that period. In preparlng these financial statements. Trustees are requlred to.. Select sultable accountlng pollcies and then apply them consistently Observe the methods and prlnciple5 in the Charitles SORP Make Judgements and estlmates ihat are reasonable and prudent State whether appllcable UK Accountlng Standards and statement5 of recommended practlce have been followed. subject to any materlal departures dlsclosed and explalned In the flnanclal statements Prepare the flnanclal statemenrs on the golng concern bas15 unless It Is inapproprlate to presume that the charity wlll continue In operailon Trustees are responslble for keeplng adequate accountlng records that dlsclose wlrh reasonable accuracy at any tlme the flnanclal posltlon of the charltable company and enable them to ensure that the flnanclal statement5 comply with the Companles Act 2006. They are also responsible for safe9uardlng the assets of the charltable company and group and hence for taklng reasonable steps for the preventlon and detection of fraud and other Irregularltles. In 50 far as Trustees are aware.. There Is no relevant audlt Informatlon of whlch the charltable company's audltorls unaware Trustees have taken all steps that they ought to have taken to make themselve5 aware of any relevant audlt Informatlon and to establish that the audltor Is aware of that Informatlon Trustees are responsible for the maintenance and Integrity of the corporate and financlal informatlon Included on the charitable company's webslie. Leglslatlon in the United Kingdom governing the preparatlon and dlssemlnation of flnancial statements may dlffer from legislation In other JurlsdlctiOn5. Member5 of the charlty guarantee to contribute an amount not exceeding £1 O to the assets of the charlty In the event of winding up. The total number of such guarantees on 31 March 2020 was I I 12018: 161. Trustees are member5 of the charity. but this eniltles (hem only to voting right5. Trustees have no beneficlal inreresi In the charity. Auditor Sayer Vlncent LLP was re-appointed as rhe charitable company's auditor during the year and has expre55ed its willingness to continue In that capacity. 16

The Chiswick House and Gardens Tnist Trustees, anDyal report For the year ended 31 March 2023 Tru5tees' annual report has been approved by Trustee5 on 22 September 2023 and signed on thelr behalf bv SlafAlexander Chair

Independent audltorfs report To the members of The Chlswlck House and Gardens Trust Opinion We have audlted the financial statements of The Chlswick House and Gardens Trust (the 'parent charltable company'l and its subsidiary (the 'group'} for the year ended 31 March 2023 whlch comprise the consolidated statement of flnanclal actlvlties. the group and parent charitable company balance sheets, the consolldated statement of cash flows and the notes to the flnanclal statements. Including a summary of slgnlflcant accounting policies. The financial reportlng framework that has been applled in their preparation is applicable law and Unlted Klngdom Accounting Standards, including FRS 102 The Financial Reporting Srandard applicable in the UK and Republlc of Ireland (Unlted Kingdom Generally Accepted Accountlng Practlce). In our oplnlon. the flnanclal statements.. Glve a true and fair vlew of the state of the group's and of the parent charltable company's affaSrs as at 31 March 202 3 and of the group's incoming resources and appllcation of resources, includlng Its Income and expenditure. for the year then ended Have been properly prepared In accordance wlth Unlted Klngdom Generally Accepted Accountlng Practlce Have been prepared In accordance with the requlrements of the Companles Act 2006 and the CharSiles Aci 2011 Basis for opinion We conducted our audlt In accordance wlth Internatlonal Standards on Audltlng IUK) (ISAS IUK)) and appllcable law. Our responsibllltles under those standards are further described In rhe Auditor's responsibilitles for the audlt of the group financial statements sectlon of our report. We are independent of the group and parent charitable company In accordance wlth the ethlcal requlrement5 that are relevant to our audlt of the flnanclal statements In the UK, Includlng the FRC's Ethical Standard, and we have fulfilled our other ethlcal responslbllltles In accordance wlth these requirements. We belleve that the audlt evldence we have obtained Is sufficlent and approprlate to provlde a basls for our opinlon. Conclusions relating to going concern In audltlng the flnanclal statements, we have concluded that Trustee5' use of the golng concern basis of accounting in the preparatlon of the financial statement5 15 appropriate. Based on the work we have performed, we have nor Identified any material uncertalntles relatlng to events or condltions that. indlvidually or collectlvely. may cast 5igniflcant doubt on The Chlswlck House and Gardens Trust's ablllty 10 conrlnue as a going concern for a period of at least twelve months from when the financlal statements are authorised for issue. Our responsibilitie5 and the responsibllities of Trustee5 Wlth respect to going concern are described in the relevant Sections of this report.

Independent auditor's report To the member5 of The Chlswlck House and Gardens Trust Other Information The other information comprises the informatlon included in Trustees, annual report, other than the group financial statements and our auditor's report thereon. Trustee5 are re5pansible for the other informatlon contained within the annual report. Our opinion on the group flnancial statements does not cover the other informatlon, and. except io the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other Informatlon and. In dolng so, conslder whether the other Informatlon Is materially inconsistent wlrh the group financlal statements or our knowledge obtalned In the course of the audit or othemlse appears to be materially misstated. If we identify such materlal Inconsistencles or appareDI material misstatements. we are requlred to determine whether Ihis give5 rlse to a materlal mi55tatement In the group financlal Statements themselves. If, based on the work we have performed, we concl ude that there Is a materlal mlsstatemenc of thls other Information. we are required to report that fact. We have nothlng to report In th15 regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinlon, based on the work undertaken In the course of the audlt.. The Informatlon given In Trustees, annual report for the financial year for which the financlal statements are prepared Is conslstent with the flnanclal statements Trustees, annual report, Includlng the strateglc report has been prepared In accordance wlth applicable legal requlremenrs Matters on which we are required to report by exception In the light of the knowledge and understandlng of the group and the parent charltable companv and their environment obtained In the course of the audit, we have not Identlfled material misstatements in Trustees. annual report. We have nothlng to report In respecr of the following matters in relatlon to which the Companles Act 2006 and Charitles Act 2011 requlres us to report to you if. In our oplnlon.. Adequate accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not vlslted by us-. or The parenr charitable company financlal statements are not in agreement wlth the accountlng records and returns- or Certain disclosures of trustees, remunerarlon speclfled by law are not made., or We have not recelved all the information and explanarions we require for our audlt; or The directors were not entitled to prepare the financial statements in accordance with the small companie5 regime and take advantage of the small companles. exemptions in preparlng Trustees. annual reporr and from the requirement to prepare a strategic report.

Independent audltorfs report To the members of The Chlswlck House and Gardens Trust Responsibilities of trustees As explained more fully in the statement of trustees, re5ponslbllltles set out In Trustees. annual report, Tru5tee5 (who are also the directors of the parent charltable company for the purposes of company law) are responslble for the preparatlon of the flnanclal statements and for being satlsfied that they 9ive a true and falr view. and for such Internal control as Trustees determlne Is nece55ary to enable the preparation of financial statements that are free from materlal misstatement, whether due to fraud or error. In preparing the flnanclal statemenrs, Trustees are responsible for assesslng the group's and the parent charltable company'5 ablllty to continue as a going concern, dlsclosing, as applicable, matter5 related to going concern and using the golng concern basi5 of accountlng unless Trustees elther Intend to liquldate the group or the parent charltable company or to cease operatlons, or have no realistic alrernatlve but to do so. Auditor's responsibilities for the audit of the financial statements We have been appolnted auditor under the Companles Act 2006 and secrlon I S l of the Charltes Act 2011 and report In accordance wlth those Acts. Our objectlves are to obtaln reasonable assurance about whether the flnanclal sratements as a whole are free from materlal mlsstatement. whether due to fraud or error, and to issue an audltor's report that includes our opinion. Reasonable assurance Is a high level of assurance, but Is noi a guarantee that an audlt conducted In accordance wlth ISAS (UK) wlll always detect a materlal mlsstatement when It exlsts. MIs5tatements can arlse from fraud or error and are consldered materlal If. Indlvldually or In the a9gregate, they could reasonably be expected to Influence the economlc declslons of users taken on rhe basls of these financial statements. Irregularities. including fraud, are instances of non-compllance wlth laws and regulatlons. We design procedures In Ilne wlth our re5ponsiblllties, outllned above, to detect materlal mlsstatement5 In respect of Irregularltles, Includlng fraud. The extent to whlch our procedures are capable of detectlng Irregularltles. Includlng fraud are set out below. Capabil ity of the audit i n detecting irregularities In Identlfylng and assesslng risks of material misstatemenl in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the followlng.. We enquired of management, the Finance & Audlt Commlttee and the Board of Trustees, which included obtaining and revlewing sUPPOrtlng documentatlon, concerning the group's policies and procedures relating to- Identlfylng. evaluatlng, and complying wlth laws and regulations and whether they were aware of any instances of non-compliance., Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected. or alleged fraud., 20

Independent audftorfs report To the members of The Chlswlck House and Gardens Trust The internal controls establlshed to mitigate r15k5 related to fraud or non-compliance wlth laws and regulatlons. We Inspected the minutes of meetlngs of those charged wlth governance. We obiained an understanding of the legal and regulatory framework that the group operates In, focusing on those laws and regulations that had a material effect on the flnanclal statements or that had a fundamental effecr on the operations of the group from our professional and sector experlence. We communlcated appllcable laws and regulatlons throughoui the audlt team and remalned alert to any indicatlons of non-compliance throughout the audlt. We revlewed any reports made to regulators. We revSewed the flnanclal statement dlsclosures and tested these to supportlng documentatlon to assess compliance wlth appllcable laws and regulatlons. We performed analytlcal procedures to Identlfy any unusual or unexpected relatlonshlps that may Indlcate rSsks of material misstatement due to fraud. In addresslng the rlsk of fraud through management overrlde of controls, we tested the approprlatene55 of Journal entrles and other adjustments. assessed whether the Judgement5 made In maklng accountlng estlmare5 are Indlcatlve of a potentlal blas and tested slgnlficant transactions that are unusual or those outslde the normal course of bu51ness. Because of the Inherent Ilmltatlons of an audlt, there Is a rlsk that we wlll not detect all irregularltles, Including those leadlng to a materlal mlsstatement In the financial statements or non-compllance wlth regulatlon. Thls rlsk Increases the more that compllance wlth a law or regulatlon Is removed from the events and transactlons reflected In the flnanclal statements. as we will be less likely to become aware of Instances of non-compllance. The rlsk Is a150 greater re9ardlng Irregularities occurrlng due to fraud rather than error, as fraud Involves Intentlonal concealment, forgery. collusion. omlsslon or mlsrepresentation. A further descrlptlon of our re5ponslbllltles Is avallable on the Flnanclal Reportlng Councll's webslte at: www.frc.or nsi Thls descrlptlon forms part of our audltor's report. 21

Independent audltor's report To the rnembers of The Chlswlck House and Gardens Trust Use of our report This report is made solely to the charltable companvs member5 as a body, Sn accordance with Chapter 3 of Part 16 of the Companles Act 2006 and sectlon 144 of the Charitles Act 2011 and regulailons made under secrlon 154 of that Act. Our audit work has been undertaken so that we mlghi state to the charitable company's members those matters we are required to state to theffl In an audltor's report and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responsibility to anyone other than the charltable company and the charltable company's members as a body, for our audlr work, for thls report, or for the opinions we have formed. Jonathan Orchard (Senlor statutory audltorl Date 6 November 2023 for and on behalf of Sayer Vlncent LLP, Statutory Audltor InvScta House. l 08-174 Golden Lane. LONDON, EC7Y OTL Sayer Vlncent LLP Is ellglble to act as audltor In terms of sectlon 1212 of the Companles Act 2006 22

The Chlswlck House and Gardens Trust Consolldated 5taternent of financlal attivltles Ilncorporatin9 an Income and expenditure account) For th ar ended 31 March 2023 2023 Total Unrestricted 2022 Total Unrestricted Resirlcted Resirlcted Note Income from.. Oonatlons, gran15 and legacles Charitable activitles Estate Mana9ement oiher tradlng activities Inve5tmenr5 Property rents Other 71,416 312,459 383.875 90,982 404.037 495.019 518.765 905,535 3.380 60.48$ 16.720 518,765 905,535 3.380 60.485 16.720 449.086 647,779 75 54.071 35,798 449,086 647,779 75 54,071 35,798 Total Income 1.576.301 312.459 1.888.760 1.277.791 404,037 1,681,828 Expendlturé on: Ralsln9 fund5 Charltable 3Ctlvltles Estate management House management Communlty programme 666,430 36.641 703.071 458,074 76.754 534.828 456,218 399,789 51,644 108,119 19.335 89.832 564,337 419.124 141.476 466,898 276,183 3S,947 75,266 148,537 79.089 542.164 424.720 115.036 Total •xptndiiuro 1,574.081 253,927 1.828,008 1,237,102 379.646 1,616.748 Ntt Incornt Iloufflow) for the year 2.220 58,532 60.752 40.689 24.391 65,080 Transfers between funds 162.333 1162,3331 N•t movémmt In funds 164.553 1103.8011 60.752 40,689 24,391 65,080 Reconclllatlon of funds.. Total funds broL4ght forward Total fundj carrled forward 458,837 224.003 682.840 418,149 199,611 617.760 623,390 120.202 743,592 4S8.837 224,003 682,840 All of the èbove results art d•rlv•d from contlnulng act1￿11¢$. Th•ri were no other rncognlsed ga5ns or105515 ￿h¢r ih4n those slated above. Movtm*nts n lunds are dlstlosed In Nme l 8 to the flnanclal $tatements. 23

The Chlswlck House and Garden$ Trust Balance she•ts Company no. 05171882 As at 31 March 2023 The group 2023 The charlty 2023 2022 2022 Note Flxed assets: Tanglble assets Investments 171.336 183.346 171,336 1,000 183,346 1,000 171.336 183.346 172,336 Current assets: Stock Debtors Cash at bank and In hand 184,346 16.433 188,920 746,176 19,644 228,917 608,638 93,732 477,510 81,499 567,866 951,529 857,199 571,242 649,365 Uabllltles: Credltors.. amounts fallin9 due wlthln one year (379.2731 1357,7051 (384.761) 1449,651) Net currnnt asséts 572.256 499.494 186,481 199,714 Total net assets 743,592 682.840 358,817 384.060 Funds: Restrlcted Income funds Unrestrlcted Income funds.. Deslgnated funds flxed as5et5 Deslgnated funds project5 General funds 120,202 224,002 120.202 224.002 171,337 15,000 437.054 67.373 15,000 376,465 171.337 I s.000 52,278 67,373 15,000 77,685 Total unre5trlcted funds 623,390 4S8,838 238,61 S 160,058 Total funds 743.592 682.840 358,817 384,060 Approved by the trustees on 22 September 2023 and slgned on theSr behalf bv Sla￿AleXander Chalr 24

The Chiswick House and Gardens Trust Consolidated statement of cash flows For the ear ended 31 March 2023 Note 2023 2022 Cash flows from operating acttvities Net income for the reporting period las per the statement of financlal ac(Ivltles1 Depreciation char9es Interest recelvable 60,752 65,080 74.975 (3,380> 3,211 39,997 21,567 76,010 (751 18.0891 158.8251 85,921 Oecrease I Ilncreasel In stocks Increase I (Decrease) In debrors Increasel(Decrease) in creditors N•t cash provlded by operatlng acrlvltle5 197.122 160,022 Cash flows from Investlng actMtle$: Interest receivable Purchase of flxed assets 3,380 162,964) 75 12,8321 Net cash lused In) Investlng actlvltles (59,584) 12,7571 Chango In cash and cash equlvalents In the year 137.538 1 $7,265 Cash and cash equlvalents at the beglnnln9 of the year 608.638 451,373 Cash and cash equlvalents at the end of the year 746.176 608,638 25

The chl5￿Ck House and Gardens Trust Notes to the flnanclal statements For the ended 31 March 2023 l Accountlng policie5 a) Statutory Informatlon The Chiswick House and Gardens Trust ICHGT) is a charbtable company limited by guarantee and is incorporated In England. The registered office address Is The Chi5wick House and Gardens Trust, The Estate Office, Chlswlck House. LONDON. W4 2QN. b) Basls of preparatlon The financial statements have been prepared In accordance wlth Accountlng and Reportlng by Charltles.. Statement of Recommended Practice appllcable to chariiies preparlng ihelr accounts in accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021- (Charlties SORP FRS 1021. The Flnancial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 and the Companles Act 2006. These flnanclal starements consolldare the results of the charitable company and Sts wholly-owned subsldlary Chiswick House Tradlng Company Lid on a line by Ilne bas15. Transactions and balances between the charity and Its sub55dlary have been ellmlnated from the consolldated flnancial statements. Balances beThveen the ￿40 entltles are dlsclosed In the notes of the charlws balance sheet. A separate statement of flnancial actlvlrles, or Income and expendlture account, for the charitable company liself Is not presented because the charlty ha5 taken advantage of the exemptlons afforded by sectlon 408 of the Companles Act 2006. Assets and Ilabllltles are inltlally recognlsed at h15torlcal cost or transactlon value unless otherwlse staled In the relevant accounrlng pollcy or note. c) Publlc beneflt entlty The charlty meets the definSilon of a publlc benefit enllty under FRS 102. d> Golng concern The Chlswlck House and Garden5 Trust Is currenrly tradlng vlably bui the uncertaln envlronment conrlnues. Our projections are based on a55umptions that we conslder reasonable but there contlnues to be uncertalnty. We regularly update and revlew our forecasis and monltor reserves In Ilne wlth our reserve5 pollcy. We are mltlgatlng our risk by contlnulng to control c05t5, worklng to dlverslfy and Increase our Income Into more stable long-term income. In addltlon, CHGT has applled for and conilnues to apply for a serles of grants to Improve our financlal poslilon Includlng funds from the Arts Councll and the LBH. We contlnue to recelve sufficient flnanclal help from EHT and LBH to complete the malntenance to the House and the Gardens. e) Income Income Is recognised when the charlty has entiilement to the funds, any performance condltion5 attached to the income have been met, Ir Is probable that the Income wlll be recelved and ihat the amount can be measured reliablv. Income from government and other grants. whether 'capital' grant5 or 'revenue' grant5, 15 recognised when the charity has entitlement to the funds, any performance condlilons attached to the grants have been met. It Is probable that the Income wlll be recelved and the amount can be measured rellably and is not deferred. Income recelved in advance of the provision of a speclfted 5ervlce Is deferred untll the crlterla for Income recognltlon are met. 26

The Chiswlck House and Gardens Trust Note5 to the flnanclal statamants For the ear ended 31 March 20Z3 l Accountlng policies Icontlnued) Donatlons of glfts, servlces and facllltles Donated professional service5 and donated facilitie5 are recognlsed as income when the charity has control over the item or received the 5ervlce, any conditions as50clated with ihe donation have been mei. the receipt of economic benefit from the use by the charity of the Item is probable and that economic benefit can be measured reliably. In accordance with the Charlties SORP IFRS 1021. volunteer ilme is not recognlsed 50 refer to the trustees, annual report for more information about their contrlbutlon. On receipt. donated 9ifts. professional services and donated facilities are recognlsed on the basis of the value of the gift to the chailty which is the amount the charity would have been wllling to pay to obtaln 5ervlces or facllltles of equlvalent economlc beneflt on the open market- a corrèsponding amount 15 then recognSsed In expendlture In the perlod of receipt. g) Interest recelvable Interest on funds held on deposir is included when recelvable and the amount can be measured relbably by the charity.. thSs Is normally upon noiification of the Inierest paid or payable by the bank. h) Fund accountlng Restrlcted funds are to be used for speclfic purposes as lald down by the donor. Expendlture whlch meets these criteria Is charged to the fund. Unrestrlcted funds are donatlons and other Incomlng resources recelved or generaied for rhe charitable purposes. Deslgnated funds are unrestricted fund5 earmarked by the trusiee5 for partlcular purposes. l) Expendlture and Irrecoverable VAT Expendlturels recognlsed once there Is a legal or constructlve obllgation to make a payment to a thlrd party. It Is probable that settlement wlll be requlred and the amount of the obligatlon can be measured rellably. Expenditure is clas51fled under the followlng actlvlty headlngs.. Costs of raising funds relate to the costs Incurred by the charlty Induclng thSrd partles to make voluntary contributlons ¢0 It, as well as the cost of any activltles wlth a fundralslng purpose Expendlture on charitable actlvltles Includes the cos15 of runnlng the house, gardens and anclllary bulldlngs and thelr a550ciaied support costs. Irrecoverable VAT Is charged a5 a c05t a9alnst the actlvlty for whlch the expendlture was Incurred. k) Allocatlon of support costs Resource5 expended are allocated to the partlcular activity where (he cost relates directly to that actlvlty. However, the cost of overall dlrettion and adminlstratlon of each actlvity, comprising the salary and overhead costs of the central functlon. is apportioned on the following basis which are an estimate, based on staff tSme, of the amount attrlbutable to each actlvlty, 2023 2022 Estate management House management Communlty Programme Raising funds for charitable activltie5 and tradlng Governance costs 31% 32% 33% 34% 27% Where Information about the aims, objectlves and projects of the charity Is provlded to potential beneflciarles. the Costs associated with this publicity are allocated to charltable expendlture. Governance costs are re-allocaled to each of the activitie5 on the following basis whlch Is an estlmate. based on staff time. of the amount attributable to each activity Estate management House management Communlty Programme Raising fund5 for charitable activitie5 and trading 31% 33% 34% 34% s% 29% 27

The Chlswlck House and CArdens Trust Notes to the flnanclal statemenis For the ear ended 31 March 2023 l Accountlng pollcles (contlnued) Allocation of Cedar Yards Plact Maklng Project Resource5 expended are allocated to the particular activity where the cost relates direcily to rhat actlvlty. However. the cost of the Cedar Yards Placemaking project which aims to create and update spaces in rhe Estate for a range of activities have been apportioned over ihe three areas that they will dlrectly Impact based on headcount. These are.. Estate Management, Communlty Progiamme and ralslng fund5. Estate management Communlty Programme Raising funds for charltable actlvlties and rradlng 46% 43% Allocatlon of support costs (eontlnued) Governance costs are the costs assoclated wlth the governance arrangements of the charlty. These c05ts are associated with consiitutional and statutory requlrements and include any costs assoclated wlth the 5trateg1 management of the charlty'5 actlvltles. l) Operatlng leases Rental charges are charged on a straSght line basls over the term of the lease. ml Tanglble flx•d assets Items of equipment are capltallsed where the purchase prlce exceed5 £750. Depreclatlon costs are allocated to actlvltles on the basls of the use of the related a55ets In those actlvltles. Assets are reviewed for Impairment If clrcumstance5 Indlcate ihelr carrylng value may exceed thelr net realisable value and value In use. Major components are treated as a separate asset where rhey have slgnlflcantly different patterns of consumptlon of economlc beneftts and are depreclated separately over Its useful life. Depreclatlon Is provlded at raies calculated to wrlte down the cost of each asset to Its estlmated resldual value over Its expected useful Ilfe. The depreclatlon rates in use are as follows.. Assets under constructSon Depreclatlon to Start when completed Bulldlng Improvement5 l O years IT and equlpment 3-5 years Inv•stm•nts In subsldlarfes Investment In Ch15wlck House Tradln9 Company Ltd. a wholly owned subsldlary of Chlswlck House and Gardens Trusi, Is at cosi. ol Stocks Stock relates to Items held In the shop at the year end and are recorded at cosi prlce or net realisable value If lower. pl Debtors Trade and other debtors are recognlsed at the settlement amount due after any trade dlscount offered. Prepayments are valued at the amount prepald net of any trade dlscounts due. s) Credltors and provlslons Credltors and provisions are recognlsed where the charlty has a present obllgation re5ultlng from a past event that w511 probably result In the transfer of funds to a thlrd party and the amount due to settle the obligation can be measured or estlmated rellably. Credltors and provislons are normally reco9ni5ed at thelr settlement amount after allowlng for any trade dlseounts due. t) Flnanclal Instruments The charity only ha5 financial assets and financial liabllStles of a klnd that qualify as basic financial instruments. Basic financlal Instrument5 are initlally recognised at transaction value and subsequently measured at their settlement value. ul Penslons The Trust makes payments to deflned contrlbution penslon schemes on behalf of employees. The assets of the schemes are held separately from those of the Trust In independently administered funds. The pension cost charge represents contributlons payable to the funds during the year. The Trust has no liability under the schemes other than the payment of rhose contrlbution5. 28

The Chlswlck House and Gardens Trust Notes ￿ the flnanclal statements For the r ended 31 March 2023 2 Incornt from domtlons, grants and legacles 2023 Total Unrestrlcted 2022 Total Unrestricted Restrlcted Resirlcted Trusts, grant5 and foundatlon5 Communlty programme trust and ( Cornmemoratlve benche5 Chiswlck House Friend5 Other Individual donatlons 5.250 224.731 65,000 16.500 229.981 65.000 16.500 26.176 46.218 40,000 268,450 110.701 12,000 308.450 110.701 12.000 i 0.000 53.868 26,176 39,990 i 0,000 40.982 6.228 12.886 71.416 312,459 383,875 90,982 404.037 49S,019 3 Incom• from charltable actlvltl•$ 2023 Total Unrestrlcted Restrlcted 2022 Total Unrestrlcted Re5trlcted Estate manag•m•nt (House and Gardens) London Borough of Hounslow Eng115h Herlta9e Trust House admis51ons and member5hli 348,498 62,366 87,901 348,498 82.366 87,901 317.393 63.779 67.914 317,393 63,779 67,914 Total Income from charltable activltles 518,765 518.765 449,086 449.086 4 Income from othei tradlng actlvltles 2023 Total Unrestrlcted 2022 Total Unrestrlcted Re5trlcted Restrlctèd Weddlngs, prlvate and corporaie e Commerclal and communlty Catering comm15s1ons Fllmlng & photography Car park Retall sales Other 222,406 252,515 135.445 212.412 23,809 58,948 222.406 252,515 135.445 212,412 23,809 58,94B 127.180 228,599 150,270 45,129 29,927 66,674 127.180 228,599 150,270 45,129 29,927 66.674 905,535 905,535 647,779 647,779 29

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The Chlswlck House and Gardens Trust Notes to the financlal statemeTrts For the ar ended 31 March 2023 Net Income for the year Thls Is sthted after chargin9'. 2023 2022 Depreclatlon 74,975 76.010 Audltor's remuneratlon lextludSn9 VAn.' Audlt Other service5 9,300 995 8,450 900 Analys15 of staff Costs. trustee remunèratlon and oxpense5. and th* cost of key management per50nn41 Siaff costs were as follows.. 2023 2022 Salafles and wages 5oclal 5ecurlly Costs Employer's contrlbuiion io denned contdbutlon penslon 5cheme5 666,291 S8,316 23,346 528,687 43.694 18.165 747,953 590.546 The followlng number of employees recelved employee beneflis lexcludlng employer penslon costs and employer's natlonal Insurance) durlng the year bètween.. 2023 No. 2022 No. £60,000- £69.999 £70.000- E79. 999 The total employoe benefits Ilncludln9 penslon contrlbutlons and employer's natlonal Insurancel of the key managerntnt persgnnel were £297,336 12022.. £256.8231. Thé charity tiusiees were nelther pald nor received any other benefits from employmènt wlth the charliy ITr the yèar12022.. £nlD. No charlry trusteè rece￿ed payment for prof¢sslonal of ￿her $ervlce5 5upplled to the charlty 12022.. £nlll. Trustee expenses were £NII12022.. £NIII Staff nurn￿r5 Avera9e Staff Employed 2023 2022 No. Full Tlme Equfvalent 2022 No. 2023 No. Tradlnq and ra151no funds Estate rnanagement House operations Comrnunlty Support 12 32 24 21 32

The Chlswi¢k House and Gardens Trust Nntps rn rhp finanrial statp.m•.nt% For the vear ended 31 March 2023 Related party transactions Unresirlcted donatlon5 of £l.000 were recelved from related parties 12022.. £1.0001 and re5trlcted donallons of £nil 12022= £1261 Durlng the year the charSty received donations of £26.176 {2022.. £1 0,0001 from Chiswick House Frionds, a registered charity. Chiswick House Frlends Is regtstered charity. and a separate entity to Chlswlck House and Gardens Trust. One tr￿slee of Chiswick House and Garderbs Trust durSn9 the year is a150 a trustee of Ch15wlck House FrIe￿d5. A management char9e of £106,200 12022.. £87,839> was charged by the charity to the Iradlng 5ub51dlary. Chlswlck House Tradlng Company Ltd to cover a proponlon of central and operatlonal costs of the Group. l O Taxatlon The charlty Is exÈmpi from corporailon tax a5 all It5 Income 15 charltable and Is applled for charlrable purposes. The charlty's tradlng sub51dlary Chiswlck House Tradin9 Company LSmlted d15tributes under Gift Ald avallable proflts to the parent charlty. Tanglble flx•d ag5•ts The group and charini Asseis under 8ulldln95 construction Improvemenis IT and equlpment Total Cost Ai the start of the year Addltlons In year Dlsposals In the year 249,878 256,264 2,525 506.142 62,965 60,440 At the end of the year 60.440 249.878 258,789 569.107 Depreclatlon At the Start of the year Charge for the year Depreclatlon on d15POsals 151.040 22.765 171,756 52.210 322.796 74.975 Al tht end of the year Nei book value At the end of the year 173.805 223.966 397.771 60.440 76,073 34,823 171,336 At the start of the year 98.838 84.508 183,346 All of the above assets are used for charltable purposes. 33

The Chlswlck House and Gardens Trust Notes to the flnanclal Statements For the ar ondqd 31 March 2023 12 Subsidiary undertaking The charlty owns the whole of the issued ordlnary Share capltal of Chiswlck House Tradln9 Company Ltd, a companv registered in England. The company numbtr Is 07152064. The reglstered offlce address is The Estate Yard. Chi5wick House, London W4 2QN. The subsldlaryls used for non-prlmary purpose trading aaSvltles. All activities have been consolidated on a Ilne by Ilne basls In rhe statement of flnanclal acrivitles. Avallable profits are distributed under Gift Aid to the parent charltv. A summary of the results of the sub51dlary Is shown below.. 2023 2022 Turnover Cost of sales 905.535 1412.604) 644.280 1250,93 Gross proflt Admlnlsiratlve éxpenses Managemènt tharge payable to parent undertaklng 492.931 1188) 1106.2001 393,343 (5.351) 187.839 Proflt on ordlnary artlvltles before Interest and taxatlon Interest recelvable and slmllar Income 386.543 300.153 Proflt on ordlnary actlvltles befor• watlon 386,543 300.1 $7 Taxarlon on profil on ordlnary actlvl¢les 706 Proflt for the flnanclal year 387.249 300,157 Retalned earnlngs Total retalned earnlngs brought forward Profit for the flnanclal year 298.781 387,249 78,971 300,157 Dlstrlbutlon under Glft Ald to parent charlty {301.254) 80,347 Total retalned earnlngs urrlod forward 384.776 298,781 The aggre9ate ol the asseis, Ilabllltlès and reserve5 was.. Assets 595.768 {209.992) 504,162 1205.3811 R•serv•s 385.776 298,781 Amounts 0￿d tolfrom the parent undertakln9 are shown in note 15. 13 Par*nr ¢h•rlty The parent charlty's gross Income and the results for rhe year are dlsclosed as follows.. 2023 2022 Gros5 income Result for the year .389.973 125.243) 1.20S.731 11 $4,730) 34

The Chlswlck House and Gardens Trust Notes to the flnanclal 5tatementS For the ear ended 31 March 2023 14 Debtors The group 2023 The charlty 2023 2022 2022 Trade debtors Other debtors Prepayments Accrued Income 144.532 2,429 4,303 37,656 104,138 2,718 4.400 117,661 87,462 2,135 4,135 8.309 2,205 4,400 66,585 188,920 228.917 93,732 81,499 I S Credltors.. amounts falllng due wbthln one year The 9roup 2023 The charlty 2023 2022 2022 Trade creditors Taxatlon and 50clal securSty Other credlrors Amounrs due to group undertakin9S Accruals Oeferred Income Inote 161 57.919 57.667 5.922 89.823 27.043 5,823 39.157 55.072 1,800 2) 5,774 35.263 37.695 74,783 12,889 1,809 296.842 60,100 3,228 37.730 220,035 64,665 170.351 379.273 357,705 384.761 449,651 16 Deferred Incom* The group 2023 The charlty 2023 2022 2022 Balance at the beginnlng of the year Amount released to Income In the year Amount refunded In the year Amount deferred In ihe year 170,351 {Z88,2831 154.144 1127.2541 17,3751 150,836 3.228 110,6361 15,470 113,9311 337.967 45,103 1,689 Balance at the end of ihe year 220,035 170.351 37,695 3.228 Comprlslnq.. Weddinqs and L7rlvate event5 Other events and prolects 86,640 133.395 67.248 103.103 37.fj95 3.228 220.03S 70,351 37.695 3,228 17a Analysls of gr0￿p net assets bovween funds {current yearl GÈnÈral unrestrlcted Dèslgnated funds Restrlcted funds Total funds Tangible fixed a55ets Net current assets 171,337 15,000 171.337 572,255 437.053 120.202 Net assets at 31 March 2023 437,053 186,337 120,202 743,591 35

Th* Chi5wiik House and Gardens Trust Notes tt> the flnanclal statements For the ear ended 31 March 2023 7b Analysls of 9roup net assets beTr￿¢￿ funds Iprlor year) General unrestrlcted De51gnated funds Restrlcted fund5 Total funds Tangible fixed assets Net current a5seis 67,373 I s.000 11 5,968 108.034 183.341 499.499 376,465 Not assets at 31 MaKh 2022 376,465 82.373 224.002 682.840 18a Movements In funds (current year) At l Aprll 2022 Income & Expendlture & galns losses Transfers At 31 March 2023 Restrlcted funds.. Stables Chiswlck House Frl¢nds' Melon hoLt5e Work from home support Playground Memorial Benches 26,97S 126,97SI 15.000 2.990 5,282 115,0001 12,9901 15,2821 16,SOO 11.861 153,774 2,668 12,000 116.5001 113,247) 173,0641 16.9531 18.5001 Publlc Prograrnme Cédar Yards Placemakln9 Plan Garden ProJec15 Fund Kltchen Garden Fund Cultural Recovery Fund Grants Communlty Projecis Securlty Grant Playground Grant Playground - Indlvldual Donatlons Meer me at the Gates Conservatory Fund Chlswlck Black Hlstory Project 1,386 58.583 4.285 146.3651 92.929 3.500 24,749 4,561 29,904 11,069 5.937 33,282 124,7491 65.000 168,9541 607 129,9041 111,0691 206 i.soo 33.887 15,064 6.143 2,886 2,888 11,249 131,8961 130,9991 13,81SI Total rostrlct•d funds 224,002 312.460 1253,9281 1162,3331 120,202 Unrestrlcted funds.. Deslgnated fund5- Fixed asser5 Project5 67,373 I 5,000 2,525 174.9691 19251 176,408 925 7 71,337 15,000 Total de51gnated funds 82,373 2.S25 175,8941 177.333 186,337 G•n•ral funds 376,465 1,573,776 11.498,1871 115,0001 437,053 Total unre5trlrted funds 458.838 1.576,300 11,574,081) 162,333 623,390 Total funds 682,840 1,888,760 11,828.0081 743,592 The narratfve to explaln the purpose of each fund is given at the foot of the note below. 36

The Chlswlck House and Gardens Trust Note5 to iht flnanclal statements For th• aar •nd•d 31 March 2023 18b Movements In funds (prior year) At31 March 2021 Income & Expenditure & galn5 losses Transfer5 At 31 March 2022 Restrlcted funds.. Stables Chiswick House Frlends.. Melon house Work from home support Playground Memorlal benches Publlc Programme Placernaking Plan 12023 Cedar Yards Proje, Garden Projects Fund Cultural Recovery Fund Granis Community Projects Securlty grant Playground grant Playground indivldual donailons Meet me at the Gates Re511ient funds Exhlbltion events 31.175 14,2001 26.975 22.500 5,751 6.630 17.5001 12,7611 11.3481 112,0001 116.0001 118.7291 110,1291 1185,7641 154,4391 135,1771 12,8261 15.000 2,990 5,282 12.000 16,386 75.891 8.260 174,600 60.000 1.000 1,386 58,S83 4,285 24.749 4,561 29,904 11,069 5.937 33.282 1.421 6,154 35,913 11,000) 65,081 13,895 3,611 2.326 34,314 8.500 11,760 11,0321 18.5001 119.2411 7.481 Totil restrlcted funds 199,611 404.038 1379,6471 224.002 Unr•strlaed funds: Deslgnated fund5: Flxed a55ets Projects 80.851 40000 1,700 115,1791 67.373 15.000 125,0001 Total deslgnated fund5 120.851 ,700 115,1791 125,0001 82.373 General funds 297,298 1,276,091 11,221.9231 25,000 376,465 Total unrestrlcted funds 418,149 ,277,791 11.237.102) 458,838 Total funds 617,760 1,681.829 11.616,7501 682,840 Purpo$4s of restrlcted funds Restrlcied funds whlch relaie io Flxed As5et5 have been transferred to the unrestrlcied deslgnated fixed asset fund In the veal prevlously they had been kept In the re5tricttd funds. The Restrlcted fund at the end of the year represents restrlcred Stables A grant wa5 rectivtd from Suez for the purpose of refurblshlng the Stable block used for learnlng se551ons and by volunteers. This is a flxed asset and at the end of the year was rransferrtd to the Deslgnated Flxed Asset Fund. Chlswlck House Frlends.. Molon house Funds ralsed by Chlswick Hovse FrIe￿d$ for the purpose of resrorlng the Melon House whlch was opened in May 2015. This is a fixed assei and at the end of the year was transsftrred to the Deslgnated Fixed Asset Fund, Work from home support Emergen¢y funds to IT equlpment and set up sysierns to enable staff to work from home and flexibly during th pandemic. The amount shown iepresenis fixed assets and at the end Df the year was transferred to the De51gnated Flxed Asset Fund. Play9round Funds toward5 equipment for the playground and io provlde support in the playground fundraising appeal and the amount5 now shown relaie to rhe fixed asset element and at ihe end of the year was rransferred to the Designatated Flxed Asset Fund. 37

The Chlswlck House and Cardens Trust Notes to th• financial Statements For the ar ended 31 March 2023 18 Movement In funds (continued) Purpos•5 of restrlcted funds Memorlal benches Procuremenr or refurblshment of commemoratlve garden benches including l O year bench maintenance programme and general garden upkeep. Publ1¢ programme Funds ieceived from the Arts Councll and indivldual donatlons to develop and fund publlc events. Cedar Yards Placemaklng plan Grants from rhe Archlrectural Herltage Fund 120211, 5106 London 8ourough of Hounslow and prlvare donatlons to develop a placemaklng plan to Identify how to optlmlse the buildlngs and ourdoor space5 to develop the reslllence of thè Tru51. During the year work developed and has Identified three areas for development and architectural plans and plannning siudles have been carrled out. These c05t5 totalllnq £60,439 have been capitallsed and moved to the Deslgnaied Flxed A55et Fund. Garden projects fvnd Oonations recelved for speclfled garden projects. Kltchen Garden Fund Grants recelved to help fund kltchen garden staFf p051tlon. Cultural Recmry Fund grant5 Cultural Recovery Fund Grant towartls the speclflc costs to Incurfed durlng the Pandemlc to SUPPOrt ihé Trust. The amount reptesent5 fixed a55ets and has been transferred to the Deslgnated Fl¥ed Asset Fund. Communlty projerts Grant recelved from the Llnbury Trust towards developlng communlty gardens projects. Securlty grant Sl 06 from London Borough of Hounslow for securlty suNelllanct system for the House. Playground 9rant 5106 frorn London Borough of Hounslow towards refurb15hln9 ihe playground. The sum left relate5 to the flxed a55et element and has been transferred to the 0¢51gnated Flxed Asset Fund. Playground - Indlvldual donatlons Funds ralsed from Indlvidual donatlons for the refurbishlng of the playground. Meet mt at the gates fund Fundln9 received from ihe Kusuma Trusr. the Royal Hortlcultural Soclety and other donatlons towards rhe development and pro9rammes for th* Gardèns entrance areas. ConseThatory Fund A grant recelved from the London Borough of Hounslow towards fundlng the work5 to slow the deterloratlon of the ConseNatory. Chlswlck Black Hlstory ProJt¢t Fund5 recelved from English Hèrltage Trust towards fundlng further projects relating to Black h15tory at Chlswlck Houst. Roslllent funds A grant was recelved from the Natlonal Lottery Herltage fund towards the costs of a govtrnance revlew, access aydlt. vlsltor engagement research and to fundralslng support cost5. Exhlblllon events FundraSsed towards 2021 season of publlc programme events wlth the House re-openlng and new exhlbltion. Purposes of deslgnaied funds: FlxÈd assets Fixed as5er5 held by the Trust are nor readlly realisable and those held have been transferred io a separate designated fund. The transfer In thls year rÈpre5ents fixed assets previously Included in restricted funds. the funds having been applled for the purposes that they were flrst given. Projects Fund5 allocated towards sptclfic projects. 19 Legal status of the charlty The charity Is a company limited by guarantee and has no share capltal. The Ilablllty of each member In the event of winding up is limired ro £1 O. 38