31Janu•ry 2024 Prlndp•l Offke Old Churth Road Cofwo11 Malvern WR13 6H8 Shown Ib0￿. The Threctors ofth•charltable oimpany¥é ttsTrusteesforthtWsxtsesof d4[tyl￿T. ThefolkyWl￿ Dlr•ctor$ Chrls elake Peter Key (resly*d l)2cember 10231 thrlstopher Kel IL Cljve Killick Pam McGIthi J*nny Papettas Jllly Rosser R. Llndsay W5111aTh Lynne Drew Inon.trusleel The CoQpw•tive Bank PO eox 250 Skelmer5dale WN86WT Page 2 To Festore. pr¢xnote and ¢detrffatetr•Jltk￿ (Y¢lwdsin th? parfshofColwa¥ in tyderto benefftthe naturdl en¥lronment and the local cofflnxo￿ty, ¥xlto ats%wateth# kryx}rt4n￿ rflThyltlonal *xth¥dsandfruhv8rlpties both locallyand nauoftal￿ by. natural en¥tronn*nL Educatln8 and enwlr¥the wthllc In knklngaftertrathnJl orcharts lry encouT* them. We athieved publlc benefft throutti Ctharlty ObJeL15 as foll￿5.. M*rrtainln£and ImwOvtr•8ord￿rdso￿ned ty Colwall OrchardTrust Icon. atcohvall Vllla8e Garthn ICVGI and L￿$ Mlll Orch¥d. for both n•ttxe and for people ¢6lttr4 the 4tes. Thts IfKluded tree plantln& prunl Re#orlng ordwds In Colwall and •n¥4ron5 thrwh ad¥ic• to l￿d and wtyerty owner5, mlsti•tot removal. pruniffj bramtrAe and rep•rfn8Stod( pr￿ftree 8uar& As Part of our'TfadFtlonal Orthardsforthe Future Inltlatl¥¥ (TOHI proJec¢funded bya Familry In Proterted Landscaw IFIPLI grantfrom Malvem H#ls AON81. pl￿d s¢m 21J)trw In 18 wdMr¢tswlth eXtett￿ prunlhKat eachorchJrd.' Helpkngothefs to establish Of(Iwts, oldef ￿chardS1nd plant frutttrees In gKdtn$ wtth ¥d¥lce and ￿ onlorSwfnk* trees at ¢1￿0￿￿ed Fff We pr¢y4ided educatiorn tr•inlw pr¥thl exr*rttseonorch*d man4rnnt Ind￿41￿ iraftln& hed8 layln& prunlngar#l tree plafttlniaThJ ff1a1ntena￿e. haNestfr8•￿frUI1lu1Cl￿& a¥J orchard rne*l(ywmanagement and wildllfe. Ew&4es Indudv. ejuklng seSskX￿ t*lth chlldren frcth the knal ￿lfflary tl* Wifdlile Trust local Watth Groupi arbdColwaN 8eavers. Thi5 and awes and a8lass offreshlulce to tastè. Tralnln8dayonVkn on tt* swof ￿•*II*l1th￿ ordbards forbkndtrrttslty fof Wye Valley AONB. launa of ourwldfttywer meadow so. In Junè, ofourfounkn (Helen Stace} or•*ed a ID and admlratlon sessFon°I We aso erfaBed wlththefft￿ both io(al people *￿Ilor$tO Colrf oursates of applpJu1￿, jarn.Selty chirtneyand ottwstag)Tral {e& ml#knel. P4e3 Lool vdunte*5 J*Ne5ted applts to m•k• th? applE iUiEe to sell at our •nd ather e4ents Is¢• beh)wl, 8nd thro￿ sales in the kKal slw. A s￿l￿nteer team ako har￿s￿ frults fr￿rt our or¢hards and allotmnt pl¢Jts to MakepreSeTh￿tO5ej1. aloJwwrththelb)w ourbeehl￿AHofthbr4l$e0aWa￿neS$3bo￿thé wofk hlstory oforthartls lft the a•a. Thls year1￿ Managed to the mai)rltyofoursewo1 (and ￿￿$Ide)v￿rrts.￿•hW[8￿ts ofth¢year Irdudèd.. rswo*ed ffleadow walk wasopen to for $￿er￿1 weeks. thls year from I￿ 9° July. On 24" June we 8ot togethw with G￿all Cknner to ￿ld a (elebratory Meadow Pknlc at Luw Mlll Orthard.> As part of the Hereford5￿ art hArt our 'Art In the ltharrf event from 7th.15" Colwall Villap GarderL•J Apple Day ￿ 7th ortober atten￿ wlth 41X) pe* of all a io¥e* faml atm5phere. The orchard was replet• wlth ganes new and old, and ￿ also had Ilve muslc from a vory yo4m8 ri￿ bandl voknrteer5 lulced apples with help from members ofthe publ1¢. Tht (knard C* served tsa and c* T*ttht•w cob (T4er+wMI Bea did • fo•rfrftrade. MI￿et0¢ Falr In De¢ernber, where ￿ sold bottles of Juke. J￿$ of Jam •nd thutney {¥￿￿ mid*l, On 20* January 2024. 04w 2(h) members and frleThts jolr￿ our malnfficent Outd￿ Wa5911 ilrth the w05PErt ofthe bad weather. A Ilt fTryn Walvln Gardens Inthe ￿lIage ryossed the f(etds vla th* fctyaths ar￿ )24 an In¢tyne of 64.579. ex￿dthre of £44005 yletdry ao operatirygprofft of£lO,174 Id. J•wAry 21r23 wofft£16384). Our maln sources offundlftg be￿ gran￿ COG memb¥thlps, allolment fees. sale oflulce and pre5er¥e4 s* of tre4 wchard athke odw Consultancy wvic4 and fvtxI￿1$Ing commuThty events. The d￿rIty ts In a Euod **lth a55ets vattted at £150.658. The charlty has no debts and net •ssets l¢•sh In bank) of £7L952. We will continue th acdvltles in ourextsdng Bu51ne55 Plan> The extant plan Co￿￿n& 2019-24 is shordy to be Superse￿ by the COG Plan 202￿16. Under the 'MalDialnlng and devefopln8 Site Infra5tructurf work area. we pl• to exfend the Apple Pac*lTha Shed a veranda fto provlde shelter durln8 sunny weather). to Impri￿ w*er tt• ordwrth and alhtments. XKI to tnstsll a poD&dlppin8 platfom. It has been a ¥ery tr)n8.term goat for COG to ¢47￿ct COWI Wllage Gard￿ ICqGI trj the footpath ne￿ork In November. COG was ftnaltygrarrted prfm15skn I￿the Publk A￿5 of Offlcer from Hthford5hlre Coundll to proceed wlth a fornial pre-or¢knconsultstv)n fora wblkfoott)ath Into CdG. Glven that mLKh of the Cha￿lIble fimds ftom psants) are not Auorarrteed and have to be re.applled each the trustees re¢otsmlse that healthy resenw are required whllst at the same tlrne 5eeklnB new opponunltlesto bmpnwetr erwk•Jnment and prrynats cw servkes. In addltlon to con￿n￿l￿wIth our exlstlnB 202>25 FIPL TOFI proJK we ey4*Ct to seek al￿ apply for. other externol fvndlw to support t￿ work of the hlrlty. The 15 ￿nstItuted as • Compa￿ Ilmitvd ty 8uarantee, reOstered ￿der the Companl•s ALt& The overnin8 thxument ol th d•15 the MeM0￿m and hrtlcles of Assoclatlon e5tsbllshlng tr￿ cornpanv under a>mpany ￿￿Slat￿. Ther¢ ar¢ no re$trkthX￿ In the thxuments on the operatlon ofthe CTrwrrty or on Investrnent p0￿r5 othw than those IM￿ try Charfty Law. ty operatlon of14w all trustees Jre dlrertors under the Comp¥des kt aThl all dtrectors a￿ trustees wKler Charttles letsiation and have resp￿SIbIlIt& as such. L¥Kl•r both c¢vnpary •nd dwlty le8tslatS¢x. The tNstees are ail IndlYldu•ls. The re5ponslblllty for the manwxrrt of the th•rlty ts spllt belween trustees ¥thh auocatrd le&d responsbbilitie& The Chalr oversws the leadefship t￿￿. COT 4(krhywledys that an effectl¥e Board of trustee5 is at the core of ensurirv4 the charlty Is S￿ress￿ in achSevlng Its oblertive% Thp trustees are rÉ5ponslble for the malntenance and Iiitefftoflnformatkn *Ka￿led on the cmxrfs We￿￿. The Board mustseektobe tewtswttth dth•needsofthosethat It*Y)rkswlthandhasTwlthln Its member5hTp. The membershlp of the 8oard of trustees must ¢(mtath the requlred kntywle* and ski115 to run the chartty. Indlvldual trustees m￿t ha* su1nd￿l k*M7*1ed8e of the role ol a ¢harfty tfustte to be able to effertlvely TTUStees ari elec￿d to th• Boxd at meeth* IAGM). ThE procedufES for n¢Thlnatlon ènd elertlon are in the ￿tsdeS of A$9xlatx)n.6 Wlw? netessxy. the Ch* WMI fyyult and propose to the Board the ctsoptlon of tr￿tee$ tthen AGM& F￿1 memberthlpof tl* Board ean onty be apw(wed at tht ArAd. anytlme the lInar￿lat ofthe d4rity and to enable tr￿n to ensure that the fina￿￿1 ststernents complv . wlrh Companies Art 21Th. The Trustees ¥e atso resp(ThNe for safeguardlng the assets of the charny ènd h￿￿￿￿￿1n1 reawnable stepsforthe and deteckn of fraud arxl other tsregubarlt matter serlously and attwmpts to the Issue ￿ grk¥awKE aThl fairty to e4eryone'5 S•tlsfxtlon. The &)ard received no fomial complaints dull￿the year. No Safeguordlnglssyes y￿re to the attention ofthe Board tl* ¥ear. Thi5 yèar. in furtherdMe of good gowmance and its ¢omrnitinent to Safeguarthn& all trtsstees arKI a of kad wlurrteers alm￿eted an ¢nhanod Oi5ckn Barri￿SerI￿￿ IDBS) theck, All posedl PU8LKBENFIT The trustees had reBard to the Chxty CLMnmbsion's BUIdan￿ on public ber)efit in managi￿& the xtivttles of the charity. The ab￿ rep￿t has been prepared in accorda￿£ wlth the prrykns asyllcable to companles subject to the small ￿1P￿T{S as sd (Irt In Part 15 ofthe C4*Trpanle5 kt 2{￿ arrfl In xcordrn with the Charities SORP (FAS 1021. Sl8ned pn behèlf oftr* Board CxLy- Ll*ay WMI Appointed Chalr of the Dlrecttys •ndTnistees 2024 Page 6 I reporrtothe dwrltytri￿￿on m¥ex•nknthrfthe•c¢crt¥tsofCoW Orthard Tr￿tforthe year end¢d 31 January 2024w1￿th comththe statem￿ofFIn¥￿￿*thW EXp￿dIt￿re As the trust¢es oftl* dwrtty land alyo Its (knforthe pwpxtsofcthnpany lawl ¥(XFarnrtsponsiNe fly the Ha*An8satlslled myseKthatthea¢cthHtsoftre ¢th¥lty￿¥￿re11￿redto be audr(ed L￿ler Part 16 ofthe 2CQ6 Artand are elwe for Inde￿t￿MInatkn¥ I rewt In FE5pett ofmyexamlnatloA of ￿urth￿r￿￿fj accounts as carrfed out under sectlon 145 of the Ch¥fttes Art 2011 (Vse 2011 Arfl, In carrylng out my examfnatl￿ I have fdlowed the DlrectiOFL5w¥pn tyttwchar1tyc4￿mIS$lon under secith 1451511bl of the 2011kt • ac¢ountln8 rexords were mt kert in acc1xd￿w1th sectlon 386 ofthe A¢ • the aciounts do not accord wFth thOSereL￿Td1. or than any rtqwemwtt tFAtthe accounts andfalrf vlew whkh Fs not a matter consldered as part of an 6ndepEndent •Mamlnatk)n: or • theaw>unts been pTrpared In acccKdJnce wFth tt* and Of￿ Stttementof attefttlon should b• drawn In thls 1•p￿t In order to en•ble a woper unde￿0￿¥ of the &wunts to be reached. Ellzabeth Eyre FfA institute ofchèrternl Enlar#1 •)d Wa Olxabeth Eyre Umlted nkstreet Bulness Ceritr¢ 6 Bank Street Malvern Wor￿lshIrt WR14 Pa8e 7 Totyl Fund> 31ffj24 39.919 12,914 10,139 2,244 65,216 Chorltableacifvfitks 6￿7 2514 4.077 21955 6367 514 4,1)77 54.579 Investments Total: 3LF24 Charltabie a¢tfr41tles Other Totsl: 36A82 7923 40,755 8,077 48832 37,101 N•1 l•xpwthur•llhxw• Tran5fws bel￿n fijnds (14J46) 24320 10,174 16,384 (14.1461 243 10.174 16,384 (ts,146) 24320 10,174 16.384 Total fund5 bfthWfor•rnrd 128, 212.310 195.926 107,W) 2023 In¢oma 62,972 Interest and InbrJtmentin¢om 2.2414 54,579 36.482 65,216 40.755 Expendlture Depredatecffi and dwwfor 7,923 8.077 48,832 3638d Net IKthn•b•for*taxfortheyur 10,174 10.174 16,384 Page9 At 31Jarn4ry21)24 Tanglble assets li 156 156546 150.658 Cash at b￿k and Jft hJrKI 71.191 761 . 71952 44734 11,405 56.139 Amounts fvlllng due ¥Alhln ¢**e yex 126 26 375 71 212,310 212,310 Tot•1 Ilet Ass•ts 222.484 Thè lundsolthtdwttv Restritt*d IncomE Funds Generdl fLmds iU.504 ,650 222A84 211310 2006 rewngto smo11 compani•5. Forthe yearended 31J•)Iwy ￿24 the crffipanyw¥fflthto Éxèmpikn undtr sectknn 477 ofthe ComponlesArt XKJ6 re￿i￿t0 small c(xnr* The members have notrequlredtt* ts*npanytootrt*n an a￿lIt Inxcorda￿￿tth se¢tkn476oft+* Companle>A¢t2L)J& R. WIIILwns Trust44 2024 P4e 10 St*ement ofRe¢Th￿ Pracdceapplicalktodwllles preparfn8theiF accounts in a¢tha￿e with the Flnandal RewXt1￿51l￿I3rd app1ka1￿ kn the UKand RepubFic ot Ireland {FRS 102) (as ￿endedfOr accowitlr¥perlod5conrnth¥frm lJ•Kwry2Q191. (CharItIes￿ IFRS 10211, the FlrwrKlal Reportlng Standard apK4kable In the UK #rrfl RepJbllc of Ireland IFRS 1021 arylthecompgnles Act 2￿6. The£harity Is • Public Benefit Entrty aSt￿r￿d by FRSIDI The finarthl stateTrnts are prepared In st4rfln& whlch 1$ the noarest£L Thtre ￿51*en no dw0ett*theac¢￿K￿ry pdldes (Val￿ rnles*nd n*thod of ¥COuntr￿ $lnce14st . the 8entral obk£ts ofthe thkn resvpsentlrqthe res¢¥temant o1kv4e5tr￿•$sets4t thelrmarkrtvaluek R*strfrted These￿ a4Yllable foru*s¥ble¢¢to re#rktth Imposed bythe doTh)ror thrry4h termsofaftappeal In￿n Recornlttonof lftcome Is Ind￿d in the Ststanentof AnandalAthMes (S¢FAJ when the dwrlty bec¢xnesentitlod to, and VIrtua￿ certaln to rttefve. the In¢om• d the ofthe irKome ¢an be nwured ¥hth 5vffident re15ability. expendsture tyonatlonsand le8a¢ies Volwttsry Inccvne recelved by wayof grnnty donatlons and 8tfts Is Included Inthe SOFA T***n recer*able and cthwhenthe tharity has unconthtioftal entltsementtothe income. lficome knthe SoFAatthe thne of reoipt. Tax reda(rrt%¢)n donallons andwlts Donatedservltes aveonty in ir￿on* Iwith anequr¥atentamount.kn arnrtfacaitles experthurel wherethe benefit tothe Ch•ity ts reasonabiy P*ll expenditure VATwhich canrwjtbe rec￿rt and Isrqkned aspart ofthe fundr3ts1ngtrad￿￿cOM$aftd IrNestmntnwnaynentcostk EMpendtture< Thue comwise the rosts InrxKred ty theOMrity inthe dell¥try of rts ¢harltableactl¥Wes artlth and Inthe fvrther4rte ofItsr￿eOts. Indvdins the mjklr statutory requlrementsofthecharlty, •rya￿l￿1ndependeTht ex•nlnationfees. c05ts Unked to strate81¢ marswient ofthe Charlty, othere4RrMIFture Thesè are Wcosts natalkx•tedt0•parth￿dr x11￿. The ￿￿ty￿S eNemp¢fr(#n ¢4)r￿rat1¢￿trl oTrltsdMrltable admtks. Depredatkn Is iytyldedatthe fth*lr¥annuJl rthskncrOErto ¥ffneoff eath asset ￿er ItsttWmated yseful Ilfe: Hant& Mathlr•ry Other Lxd & Bulld1￿ YAStraW L Atthe tlmeofapprovk¥ Iheflnj￿5llSf8teTh￿s thetnJtttskvea rthwin•ble expe¢tstfon th•tthe Inthe awlcatlm of thetru5tees we requlred tomokeJWents •S￿MIte5 andasswnpt1orsab0utthew￿anW￿0fxSets Ilabllltfos thatarenotreadiiy . apparent from othv sowce& Theesllmates a5%*ja￿lassUrnPISonS are bxed on hlstorfcal experien¢o and other fa(tor5 that areuM￿1￿tobe Artual rtsults may dfffwfrLMn th•se Thè estkTl*ts and unde￿Ire assumptkn5 are on ￿ On￿ng bwl& Redlslon5 to accountlng estlmatesareretognlsed Inthe perlryllnwhkhtheestlmateisrevised W*￿the rwsktn affectsonlythat riod. or in the Per￿ of the re¥is*n futswe wi0(& *thert the fe¥tskn affeLts both currert and Page 12 sl*)rt.term hlghlyllquld 1Th￿S￿￿ents wlth ¢w*nal maturitsofthfee mDnths or afKI banktyerdrafts. the stateff*ntolflnanrJ81 bank￿￿￿Jfts are sh¢wn WTthin bOrr￿n850r(urrent l*blllt185. In the demand and forni an Intsgral p8rtofthe comparfs cash fflanayft￿t. tharlty ?wwertt)bl*akn resultlwfTQrn a m evwrt th*wlll yobabty rewlt In the transfer of fundsto ath￿ plrty and th *nount dueto setde obll8akn can be measured or estimated rellatty. Credltors8Th1 rw11￿1 4tth•lrsettlwnentamount •fttr allowlniforanytrnde dts(ounts due. The companylsa yfvate¢omp•ny Ilrnlted tr18u•r¥rteeand cwwuentydoesnotha¥e shameapltsl. Page 13 2013 7.607 32J12 39.919 Donatlons and le8xles Charitable artfvI￿ts OtherTradlng A£U¥lt Investrnents Totsl: 654 ,139 1244 2&644 42fA> 12.914 10.139 36.5n 65,216 11567 40,755 8,077 48￿32 Tolal: Net Baln on In¥estmrYt% 32A95 163a7 (3A511 20235 16.384 (3151) 20235 16,384 13A51) 20235 16,384 Retthdll•tr￿ of fvnos.. Total funds brtyJ8ht ftxward oi 12&650 63A25 195.926 212,310 Tot Oorwtionsand1*8xles Glft AJd A•fund5 General Grants prthfjded 1243 2,Z43 2,106 5.142 al￿24 35,701 Membershlp sub5crfptlons and sponsofshlpswhlch are In 5Lth5t4n thnations 1,706 Page 14 Total 2023 12914 T¢>t•l 6￿7 Totsl Total Sale oljuke and Presefft5 5T3 573 Sale offrult treu and L247 L247 3,867 Other tfad[￿ acll¥lUe5 2.716 2514 Is 10.139 Ta¢ Tot•1 202J Interest 49) Rental and Leaslrq IrKome Totsl 4,077 Pa8e IS T*)tsl 397 2LTn 10,149 743 317 26.151 9.892 1383 286 623 L103 Investment Mana8ement Costs 10.149 743 Purthase of Ordwd prrAj￿ts Tralnlng Indepeficlent Exankn Fee Fundra151ni Costs 857 857 33.619 36A82 Tth•l 2023 4fvert151￿ and Marketln8 Investment Manawnent Costs AdmlnL%tratlon and I Purchase ot Orthard ProthKts Tralntng Independ•it Examlners F Fundrntsl￿ Costs 317 317 26.151 9,892 gA47 186 623 L103 623 29.188 IU67 Totsl Totsl 4.641 7,923 8.077 2024 2023 P¥17 T*xAI Land 4 Fltllrys & At l February 2023 Add￿lOn$ At 31 January 2024 IM9n 13.755 16.751 1035 18.786 189,479 2,035 191,514 158373 11755 At l February 2023 l)epr¢C[att￿ thar8e forthe At 31 January 2024 4AIO 3.010 9.632 1214 11,846 32.933 7,923 215 At 31 January 2024 At 31 JaNary 2023 I40.￿2 9.345 7,119 11368 37 103 761 Arno￿ts fallln8 due *fthln one Trnde (hdltNs 126 126 375 375 Page 38 4t31 Tranth Januwy Lug85 Mlll Land Shed Donatmjns LM WCC Defrn Pm55 WCC FlPi 20.2(kfi L249 4.434 17.7n 11.5541 {3121 (5.2951 {U3) 937 S025 43,427 Totsl 3L624 107.980 G•Mral fu•th 21955 137.101) 114.504 212 222,484 Restrl¢tedfun(ts. Luggs MIIF land LM Bdd8e Worcestershlr* Cow C•wKJI DefraAcw Cor&tr￿Th OF Nalsol disèbled actess tol Wor(e￿erShIra County CtyxKII FIPL Traditio￿1 Orchards forthe Future Inltlatlvè prol Pa8e 19 Ati At31 LuBgs bAtII Land Shed l>onak)Trs LM Brldge WCC Defra N£¢ WCC FIPL 2L760 L665 IL5YI {416) (6598) 17,769) 20,206 1,249 4.434 17,771 25540 Totsi 63825 36.572 16.3371 Gffiernl funds SOJ 131495 128,650 Totsl Fw 195,926 212 310 Total nth Axed assets Net ¢urrentassrfs At 31 Jawlry 2024 85,447 nJ26 157.273 65.211 19).658 71 222,484 i& Up lft the e¥*rt ola ¥AndlnA w. ffwnberwhllst a and wlthth one yearofeea* to be a n{lir￿ up. The o)mp•nyls tywrnteeandhas no Ca￿trI: thus noSkn* party a)nlrols thec(xnp•ny. Pale 20