Charity registration number 1120240 (England and Wales) Company reoistratlon number 06128047 THE GREAT WOOD TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE GREAT WOOD TRUST LEGAL AND ADMINISTRATIVE INFORMATION Rerfd J H Simmons Mrs M AJ Simmons Mr J Chambers Ms S Keighley Mr D Vthltehwse Mr J Titman MrJCox (Appointed 10 October 2024) (Appoint•d 25 Juna 2025) Mr N thèaver Charity number 1120240 Campany numb•r I￿128047 R•giSts￿d offlce 103 Argentia Placg Portish8ad Bn'st BS2Q 7QS Indopendent examlnor Mr P J Barton FCCA ART Acuuntants Limited Ground Floor 11 Manvers Street Bath BA11JQ Bankorn HSBC Bank pl¢ 82 George White Street Cabot Circus Bristol BS13BA THE GREAT WOOD TRUST CONTENTS Trustees, roport Ind8p8ndent examinels report Statement ol financlal a¢tivikn'eJ Balance $ho•t Notes to tha financial statements 6-14 THE GREAT WOOD TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The tfustees present th8ir annual report and financi81 statements for the y88r 8nd8d 31 March 2025. The financial statements have b¢6n prepared in accordan¢e with the account'ng poli¢i05 $6t out in note 1 to tho financial statern￿ts and comply v4ith th8 charitys gov8ming document, the Companies Act 2(K)6 and 'Accounting and Reporting by Charibes: Statement of Recommended Practice applicable to charities preparing their ac¢ounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" {effective 1 January 2019). ObJ¢ctlvo5 and activiti•$ The Ch8ritrfs objects to advance tha Christian faith In a¢Gordan¢e V4ith the Chwity'$ Stal8m8nl of Beliats in Somerset and in such other parts of the Unit8d KJ"rrfJdom or the worfd as Ihe Trustees may Irom timo to lime think ril arKI to fulfil such other purposes which aro exclusively ch8ritsble acrAJrding to the18w of England and Wales and are connected with the charita￿8 of the Trust The trustees have pad d￿8 regard to guidance issued by the Charity Canmission in deading what ac*ivitie$ thft charity should undertake. Achiwmments and perfonnan The Charity took over the management of Great Woad Camp on 1st April 2007. The site is in use during the months Marth to November in any year, Scripture Union have used Grèat Wood for rn8ny years for the provision of Christian kK>lidays and w8ek•nds. Slnce the year end thoy hav• èntéred into 8 booking for five w8ok8 in ihe Summer holidays 2026. Othar Achiovements In 2016 Somarsat County Councll signed a threo year rolling licensè aoreement for the use of the site for certain periods during the year, and a g¢)od wortting relationship ¢ontinues between the Trustees and volunteers wor￿ng for the charity and the stsff of the Somerset centre at Kilve from which théir activiti8s are managed. The Charity provided a Chaplaincy Servic4 to Kilve IhroughoLrt tha time when they were uslng the site. An annual work party of vclunte8rs nomially carries out a oreal deal of maintenanco work during Iha Eastsr holidays. The full work party retumed to Camp in Apnl 2024. A séparnte work paty erectsd a new Bosun's Store to replace one which was well past its useful life. Financlal revlew The charity generated an unrestricted surplus of £7,439 (2024- surplu8 £84,745) during the year under rgview. In the pr6vious yéar the surplus aro88 due to the extraordinary generosity of our supporters. Part of this generosity was directed at the cosl of the new Bosun's Store and additional solar panels on the roof ol the main buildino. Generating an annual 3urplu3 is ne¢e53ary to enable us to maintain a steady programme of improvements to Ihe site. Our self employed Eslate manager worked throughout year, carrying out som8 us8ful malrrten8￿ whlch would not nonnally have be8n possible. Our budget fr)recasl for 2025126 indicates a small deficit aftar chergir@ dopreciation on buildings. Given that no maleri81 new building WO￿ is anticipatsd during the next Iwo years this 5ituats.on is considered 5al'sfactory. Restricted funds of £724,061 were held at the year end (2024 - £737,428) mainly in ralation to donations for Ihe new Mess Hut. Annual depreciation on the n•w Mèss Hul is delxted to this account. THE GREAT WOOD TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Th• Tnjstees have reviewed the d)arity'l need for res6r¥g8 in I￿￿ with th8 guidanc• Qfv￿ ty the Charfty Comrni86itJn. Factors tak￿ into ac(xyJnt Include the rtsk of flu¢tuatiCll8 gener81 bookino income, unfofewn 8XP8nditufe tt* fflai￿ repairs and tho need k> renovats and r•pla￿ buildlng8 and oquipmont fn)rn time to ts'me. The Trustee8 cu)sider St prudent to hdd ￿ general rasgrve an amLwnt equivalont lo befvmn threg ￿ six monlh8 goMral expendilure. Th8 pob'cy r•$eYve8 is reviewed annually, The triith¢s have a88e$8ed the major risks to wthlch the chartiy18 exwsed, and ar• sallsfied that 8y•lem8 are In plaee to mtyate expowre to the Math￿r risks. Sthictum, governance and management Great WOCKI Trust is a ¢hantable c(%npany limited ty guamtee, rn91st8r8d In Enoand and Wde8. 1119 govern￿ by it8 MomorarKJum and Artid88 of A860Cla￿￿, dated 28￿ Febnwy 2007. The twst0•8, who are al80 the dlrector8 for th8 purp088 of company law, arKI who 88prfed dwiTvJ the year and to the date of 8IGYiabJre d the fjnanaal statement8 ware.. R8Wd J H &mmon$ Mr8 M AJ SinThon Mr J Chambers M• S KeyNoy Mr O VVhltoh¢x Revd C Rwd D Whitaker MrJfthn MrJCox Mr N Weav•r {Re8ignffll 4 February 2025) (Rooiwd 2 July 2025) (Appointed 10 0￿()ber 2tr24) {Apwntsd 25 2025) Tru8lee• arn appointed in ac¥xJrdance Imth tho Artide8 of A8soclattc￿ by *)rdlnary Tg8okrtion rr ty a r8801u*on of the other dired0￿. Dirertorn retire by rotatlon at Annual f*noral Me*, aThl can be r8(#)mm8ThYod for r el•¢tKm by the othef ￿'rectO[8. None of the tru8tee8 ha3 any benefl¢ial interest in th8 ￿Mpany. All of the are mwnborn of th8 company and guararrt¢e lo £￿trIk￿rte £1 in tpe évent ol a *irMaing up. The Board of Tru8lees adrr4nistsrs lh• chority and has set UP a Wb4Xnrrl￿ lrnrfng bulldIn￿ and estate maintenance and developThKnt. and Ma￿¢t￿)g. Day lo day ad￿r￿stralI1￿ 18 do10￿ io Jthn (knn. A Bennett act8 afy a self enwloyed Estato Managor. N•w Irustees are enC4￿raged to sperby with the chalrman, kw¥Je them the Ind￿tion proco58 which IncI￿je$ time wilh key vdLnteern. Employee Involv•m Applithm enyloyment by di8abled per￿$ are aw fully b•oriTrJ kn rThnd the aptitude8 of Ihe applicarrt In tho evenl of merrt)ers of 8taff bec￿ th8atknJ, aifort li m&ae to ensure that their enwoyment wlthwi th8 I*￿ty continues and 1h8t th8 trakniy 18 tt fs ts ￿lIcY ol the tharlty that the training, ￿r￿er dev8lopment pronKAkn of diB&t4od SI￿￿1. 88 far a8 kwible, be idMtl¢al to Ihal ol ottw empwes. trust0•5' rewt wa8 approved by the Board of Tri*tO08. Rerfd J H Simmcffls Datsd:. l>..l.!o l..knlf THE GREAT WOOD TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GREAT WOOD TRUST I r8port on the financial statamants of th• charity for the y6ar endod 31 March 2025, Nthich are $8t out on pages 4 to 14. Resp8ctlve r06pon8lbllitl85 of tTUStoBs and oxamlner The charity's Irustee8, are also the directors of Ttr￿ Great ￿bOd Trust for tha purposes of company law, are responsible for th8 Preparation of the accounts. The trustees consider that an auért is not required for this year under section 144(2) of Ihe Chariti88 Act 2011 Ilhe 2011 Act) and that an independ8nt e￿￿InatIon is needed. Having 8atisfied myself that the charity 5$ not subject to audit under company la¥V and is eligible for independent examination, It is my résponsibility to: examine tha finanaal statements under section 145 of Ihe 2011 Aet., (li) to follow the procedures laid down in th6 goneral Directions given by the Charity Commission und8r section 145{5)(bl of the 2011 Act. and (ill) to state whether particular matters have come to my attention. Indep￿dent examin8V8 $tat•m•nt In connection with my examinal'on, no matter h8$ coma to my attention.. (a) which gives me reasonable cause to believe that in any material respect the requiremerts.. (i) to koep accounting records in accordanc• with section 386 of the Companies Act 2tX16, and {ii) to prepare financial 8latements which accord with the a¢￿untIng rocor(Is, comply wilh the accounting r8quir8mants of 88Ction 396 of the Companies Act 2006 and with the methods and principles of Ihe Stat8m8nt of Recommended PractiC8'. Accounting and Reporting by CharÉties', avo not been mot or (b) to 4thich, in my opinion, atterrtion th￿Id be drawn in order to •nablo a proper understanding of the flnandal slatements to be reached. Mr P J Barton FCCA ART Accountants Llmlted Chartorod C•rtifi¢d Ac¢ountants Ground Floor 11 Manvars Straèt Bath BAI 1JQ 14 November 2025 Dated.. THE GREAT WOOD TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrfcted R8¥tricted funds funds 2025 2025 Total Unrnstrlcted Restricted funds funds 2024 2024 Total 2025 2024 Noto8 In¢ome and ¢ndowm8nts from: Donations and legacies Chantable aGtivities Investrnents Other income 20,453 106,898 5,057 9,324 18.198 38.651 1(￿.898 5,057 9,324 77.041 103,624 1,779 11,131 14,385 91,426 103,524 1,779 31,131 20,000 Total Incoma 141,532 18,198 158.730 193,475 34,385 227,e80 Exp•nditurn on: Charitable activities 134,093 31,565 185,858 140,723 29.235 169,958 Total expendilure 134,093 31.585 165,658 140,723 29,235 109,958 Net InGorn•l(exp•ndlturnl 7,439 {13,38 (5,928) 52.7S2 5,150 57,902 Tr8nsf8r8 bet¥veen lunds 31,993 (31.993} N•t mov8m•nt In lunds 7,439 (13,38T) (5,928) 84,745 (26.843) 57,902 Reconciliation of fund•: Fund balances at 1 April 2024 517,270 737,428 1,254,698 432,525 764,271 1,196,796 Fund balan¢M at 31 March 2025 524,709 724,(￿1 1,248,770 517,270 737,428 1,254,898 The stst8ment of financial activltles Includes all galns and losses recognised in th• ygar. All income and expendlture derive from conts'nuing activities. THE GREAT WOOD TRUST BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Flxed assets Tang1t￿8 assets Curront assets 13 1,152,828 1,181,968 14 9,972 184.467 Cash at bank and #i hand 20,198 112.796 194.439 cr￿lt￿ls. amounts lalllng du• wlthlTr i)no y• 132,994 198.497) 160.264) Not ￿Then1 a988ts 95.942 . 72.730 Total assets l•ss curr•nt114billlles 1.248.770 1,254,698 Incom• funds ReNtricW fund8 Unrestrided f￿)d6 17 n4,C¢1 524.709 rJ7.428 517270 1248,770 1,254,8g8 Th8 company 1$ •ntitled to th• •xemptkx) from th8 audit rnwllrgment c<￿18**d ￿ 9￿tion 477 01 the Compankn Act 21Xk3, the yoar ended 31 Marth 2025. Thè thI￿te89 al￿n￿wIed￿ I￿1r mpcm8ltAlitios for wffjurfng that th8 d￿rIty a¢￿￿￿lI￿a rewrd8 whith v)mpty wth Section 388 of the Aut and for preparing fnancio18tatemenis wtrmch give a true and fair vithy of thg State ol affalr8 of th& as al tho end of the financial year of rt8 inccthing re¥￿T¢￿S and application of 8ourc88, includirvJ its income and expendi￿re, for financial yèar in a¢ox(lano ￿ Ihe req(Mrements li￿$ 394 and 395 and whlch otheThvi8e ecffnply with r8quirement8 of tho C<)mwnie8 Ad 2006 relating to anraal statwnÈnts, w far aB applhxbl8 to the ¢thn￿ny. Tho h8v• not required Ihe o)mpany to obtain an au(*'t of Its fjnanaal 8tatem8nt• for th8 in questh'on in a¢cor(kn with ￿￿tan 476. These fmanc4al *aterrffits have been pr•pared in aecordance tho provlaj'ong appllcable to companlp$ wbJect to Ihè 8m811 ¢(xntAnies repime. The financial statemonts were approved by the Tru$tse8 on ......................... lknid J H Regl*tration No. 06128047 THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting poli¢les Charity infom)atlon The Great Wood Trust is a private company limited by guarantee incorp￿*t£d in ErvJland and I￿188. The registered office is 103 Argentia Pla￿. Port15head, Bristo5, &820 7QS. 1.1 Accounting convontlon The financial statements have been prepared in accordance with the charitys governirvj document, the Companies Act and 'ACc￿nting and Reporting by Clwities.. Slatement of Recommetidod Practice applicable to charities preparing their accounts In %cordance vAth thè Flnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (offective 1 Jarvjary 2019).. Thg d)arity is 8 Public Benefit Entty as defined by FRS 102. Tho chartty has taken advantage of Ihe provisiong in the SORP lor chartlies ylyiw FRS 102 Update Bullatin 1 not to prepare a Statement of Cash Fl¢)wS. The financial statements are prapared in sterfing, whith is Ihe functiMal C￿rrenCY of Ihe charity. Monetary amounts in these financial statements are rounded to the near88t £. The financial statements have been prepared under the historlcal cost conventlon, [modhfied to include th• rev81ualion ol freehold properties and to include investrnent propertie$ and ¢6rtain financial instruments at f8ir value]. The prlncipal a¢￿untr.ng PQliGies adoptsd are set out b•lcw. 1.2 Golng concern At tha ts'mè of approving the financial stalements, the trustees have a reasonable expedatlurc83. THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies (Contlnued) 1.6 Tangibl• fix•d as80ts Tangible fixed assets afe initially measured at cost and subsequantly m•asured at cost or valuation. n8t of depreoation and ary impaimienl losses, Depreciation is remwi5ed so as to write off Ihe cost or valuation of assets lass thair residual values over their useful lives on the follthving basas.. Freehold land arml buildings Propèrty Improvements Fixture8 and fftts'rvJs 5 to 50 yeara 10% stratght Ilr 25% straight lin• The gain or loss arisin9 on the disposa of an asset is detemiined as the dlfference b8trwe8n the sale proceeds arKI the cafrying value of Ihe a$5et, and Is recogni￿d in the ststament of fin￿cial adivities. 1.7 Impairment of fixed a•sets At each r8porting end date, the charlty reviews the carying amounts of its tAngibl• assots lo determine whether there is any indicats.on that thos* assats have suffered an impannentloss. If pffjy such inth¢ation exists, the recoverable amount of the assat 1$ estimated in order lo determine the axlent of th• impairnienl loss (if any). 1.8 Cash and Gash •qulv4lonts Cash and ca$h èquivalènts indudè cash in hand, deposlts held al call banks, other short-temi liqui investments with on9inal maturities of thro8 months or1os$, and bank ovérdrafts. Bank ovwdrafts are shown y￿thin borrowings in current liabilliies. 1.9 Financlal Instrum•nls The charity has elected to apply the provision5 of Section 11 '88$i¢ Finartial Instruments, and Section 12 'Olher Financial Instruments188u8s' of FRS 102 to all of its financial instrum￿St9. FlnancAal inslruments are recognised in Ihe tharily'5 balance Sheet when the charity tmcomes party to tho contractual provisions of the instrum•nt. Financial assets and liabilities are offset, with Ihe net amounts presented in tNg financial stAtements. ￿en therè is 8 legally anforceab18 rlght to set off the r8cogni8ed amourits and ther• is an intention to settle on a net basls or to reallse the asset and sett18 th8 liability simultaneously. Baslc Ilnanclal assrt* Basic financial assets, whth Ind￿￿? debtors and cash and bank balanc8s, ar8 initially measured at transaction price including transaclion costs and ar6 Subsequently carried at amortised cost using the 8ffactive interest method unless the arrangement constitutes a financing transaction, wh6re the transaclion is measured at the wesent value of the futur8 r￿elp1S discounted at • m8rk8t rate of interesL Financial a55el¥ classified as receivable within one year are not amortised. THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Contlnuad Baslc flnanclal Ilats"lities Basic financial liabilities. including creditors and bank loans are initially recogni88d at transaction price unles$ the arrangement ￿nStItuteS a financing transaction, where the debt instrument is measured at the present value of the fLrture payment5 discounted at a market rate of irrterest. Finanaal liabilities classified as payable within one year are not amortised. Debt instruments are subsequenlly carried at amortised cost, Using the offective interest rate method. Trade creditors are obligations to pay for goods or seNices that havé b88n acquired in the ordinary course of operats'ons from supplier5. Amounts payable are dassified as Gurrent liabilities if payment is due within on• year or less. If nol, they are presented as noTreurrent liabilities. Trad6 creditors are re￿nIsed 1nits.ally at transaction price and subs4uenlly measured 8t amort15ed cost Using the effective interést mèthod. Dorncognltlon ol Ilnanclal IlabllJtle8 Financial liabilities are derecognised when the ch8rity'S corrtractual obligations expire or are distharoed or cancelled. 1.10 Employee benaflts The cost of any unuséd holiday entill•mont is Mcognised in tha pwiod in which lh• employee's Services are received. Termin8tion benefits are recogni8ed immediately as an expense the charity is demonstrably committed to temilnate Ihe employmenl of an employee or to provlde termlnalion benefits. 1.11 Rotlr•m•nt b•n8lh8 Payments to deftned contribution retlrement benfrfit schemes are charged as an expense as they fall due. Crfti¢al accounting e8tlmat•s and judg¢m•nts In the applicatson of Ihe charity's accountiw policies, the trustees are required to make judgem•r)ts, ostlmates and assumptions about the carrying amount of as$ets and liabilities that are nol rea(lily apparent from ¢)ther sources. The estimates and associated assumptions are b8sed on historical experience and olher lactors that are considered to be relevant. Actual ￿su115 may differ from these estimates, The esb'mates and underlying assumpticns ara reviewed on an ongoino basis. Revisions to accounting estimatss are r&ognised In th8 period in which th8 8sts.mate is revis8d wh8r8 the revision affects only that period, or in the penod of the revision and future periods where the revision affects both current and ILrture periods. Income from donatlons and lega¢les Unrè8trictsd Restrlcted fund$ fund$ 2025 2025 Total Unrestricted R•stricted funds fund5 2024 2024 Total 2025 2024 Dcrf)alions and gifts 20,453 18,198 38,651 Tl.041 14,385 91.426 THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incom• from charitabl• activiti Unrestrfjcted Unrestricted funds funds 2025 2024 Schools Sales wiihin charitable aclivitios 40,725 39,024 Banda Sales within charitable 8clivitie8 800 250 Licence - SU Sales wlhin charitable 8clbvlles 31,890 30,000 Group bookings Sale8 Within chariLqbl• acl•viaos 33,283 34,250 1Cfj,898 103,524 Income from Investments UnY••trfGtsd Unrnslrf¢lod fund$ funds 2025 2024 Irrtorest receivablo 5,057 1,T19 Oth•r incom• Unr•$trict•d R•8trfctod lunds fundB 2025 2025 Total Unrn¥trid•d Re$trict•d lundo funds 2024 2024 Total 2025 2024 Utilities recharge Grants - Slavanka 9,324 9,324 11.131 11,131 20,OC 20,000 9,324 9,324 11.131 20,000 31,131 THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 charitablo a¢tlvltles Charitabla Charltable Expendlture Exp•ndilure 202S 2024 staff costs DeP￿Clab0n and impaiment uiiiities before recharges Estate maintenance Pool costs Phone Equipment repalrs 8nd consumables 36.6¢)J 38,603 21,866 21,210 2,452 1,075 7,220 35,157 34.869 24,5S8 22,723 3,991 1,ffi9 5,190 F 11 Cleaning Estate managemenl Insurance Ministry to sd)0018 Sundry expenses S￿m Trainee Costs 8ursari8$ 5,056 17,253 5,031 1,129 5,2 21.050 4,785 1,218 5,270 100 162,785 165,972 Share of Support costs {see note 81 Share of gov•man¢e Costs (s•• n¢t• 8) 2,173 7CM) 3,288 700 185.858 169,958 Analysls by fund Unrestrided funds Restricted funds 134,093 31,585 140,723 29,235 165,658 169,958 For the year onded 31 March 2024 Unrestricted funds Restncted fund5 140,723 29,235 169,958 10- THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvities 2025 2024 Trustéé expensè$ Accountancy Govemance costs 453 1,720 700 1,758 1,530 700 2,873 Analysed balwe8n: Charitable aGtivrties 2,873 3,986 Net movement In funds 2026 2024 net movement in funds 18 8tated after Ghargin￿(credlting)'. Depreciation of ovmed tanglble fixed assets 38,803 34,889 10 TN$te None of the trustees (or any persons cornected them) rKthved any remuner*ion ty b￿•fitS from th• charity during th6 year apart from those disdos8d b8Iow. Totsl axpenses were roimbLK8ed to {2024 - bwo) TNStee during Ihtr year, amwntlng to £453 (2024 - £1,766). 11 Employee8 The average monthly number of employee5 during the year was: 2025 Number 2024 Number Employm•nt costs 2025 2024 W8g•s and salaries Other pansion costs 33,200 3,400 31,841 3,318 38,600 35,157 There wero no employees wh¢x8e annual remuneration was more than £60,000. 12 Taxatiun The tharty is exempt from taxation on its acLviti8s b8C8US8 all its incom8 is applied for charitable purpos8S. 11 THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Tangible fixed assets Frwhold land Prowrty Flxluros and and bulldlng8 Improvgm•nts Ilttlngs Total Cost At 1 April 2024 Additions 1.388,368 72,133 9,463 33,188 1,473,887 9,463 At 31 March 2025 1,368,368 81,596 33,188 1,483,150 D•prOGiation and impaimient At 1 April 2024 D•rxeciation charged in the year 245,791 29,671 28,430 5,394 17,498 3,538 291,719 38,603 At 31 March 2025 275,462 33,824 21,038 330.322 Carrylng amount At 31 March 2025 1,092,91 47,772 12,150 1,152,828 At 31 March 2024 1,122,577 43,703 15.888 1,181,￿8 14 Debtor4 2025 2024 Amounts falllng duo wlthln on• yèar: Other debtors Prepayments and ac¢Ned inc¢m• 5,471 4,501 16,579 3,819 9,972 20,198 15 Cr•ditor*: amoun1$ lalllng du• within ono year 2025 2024 Other taxation and social security Payment8 received on account Accruals and deferred income 5,858 88,989 3,850 8,129 38,814 13,321 98,497 80.284 18 Retirement beneflt schemes 2025 2024 Defined contrlbution sch8mes Charge to wofit or loss in respect of defined contribution schemes 3,316 The charity operBtes a defined contribution pension scheme for all qualifylng employees. Th6 8ssel8 of the scheme are hekl separately from those of the Charity in an independently administered fund. 12 THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Restricted lunds The restricled funds of the tharity comprise the unexpended bal8nce5 of donab'ons and grants held on trust 8utyect to speufi¢ conditions by donors as to h(yw t￿Y may bè used. At 1 Aprll 2024 Incomlng resources Resource¥ expended Transfern At 31 March 2026 Mess Hut building Youth workw $upport Bursary l￿d 734,444 1,705 13,9JO 2,593 (17,885) (13,900) 718,484 2,984 5,$77 737,428 18,198 (31,585) 724,081 Prevlou• year. At l Aprll 2023 Incomlng Resources ources •xp•nd•d TrnMf•rn At 31 March 2024 Purchase of slte M•5$ Hut building Youth worker support Eststé development fvnd Solar panels Bufsary lund 20,CQO 1,440 11,470 (20,OCKI) 750,e89 (17,e85) (11,470) 734,444 1,993 10,OCX) 1,e09 (1,993) (10,0(K)) 1,475 (100) 2,984 764,271 34,385 (29,235) <31,993) 737,428 18 Unrestrfcted funds The unrestricted fvnds of the charity comprige the unexpended balancas of d￿ationS and grwts Nthieh ar• not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestn'cted lunds by the tnjstees for specific purposes. At 1 Aprfl 2024 In¢omlng Re80UlfO8 rnsources expended Tran5fern At 31 March 2025 General funds 517,270 141,532 (134,093) 524,709 Previous year. At 1 April 2023 Incoming rnsources Resources exwndod Transfers At 31 March 2024 General funds 432,525 193,475 (140,723) 31,993 517,270 13- THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Analysls of net assets between fund$ Unrestricted funds 2025 Restrfcted funds 2025 Totsl 2025 At 31 Marth 2025: Tangible assets Current assetsl{liabilites) 434,344 90,365 718,484 5.577 1,152,828 95,942 524,709 724,061 1,248,770 Unr•strlcted funds 2024 Reatrfcted funds 2024 Total 2024 At 31 March 2024: Tangible as88ts Current assetsl(liabililas) 447,524 69,746 n4,444 2,984 1,181, 72,730 517,270 737,428 1,254,698 R•lat•d party tr4nsaetlthis Thè Great Wood Trust Is affillated to &thpture Union (SU) {Registered Charity no, 1120240) through Su's Associate Trust schem8. SU has no control over the Charity's affairs. bui ¢ffiers advice and support for its various ministrios. As disdosed in the Tnjstees, report prior to 13th August 2014 th8 Charity manag8d the Great Vlknod camFx'ng sile on behalf of the fonner freeholders, SU under the terms Of a licenco agrgemenl. 14-