STINCHCOMBE HILL TRUST
IA company Umlted by guarantee)
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Company reglstratlon number: 07573257
Registered charlty number: 1143279

STINCHCOMBE HILL TRUST
REPORT AND FINANCIALSTATEMENTS
FOR THEYEAR
I.EIAR. CH 2Q25
CONTENTS
Page
Trustees. report
Statement of financial activr(ies
Balance sheet
Notes to the financial ststements
9-13
Independent examiner's report
14

STINCHCOMBE HILL TRUST
Trustees Annual Report for the year ended 31st March 2025
The trustees are pleased to present their annual directors, report together with the financial
statements of the charity for the year ending 31 March 2025 which are also prepared to meet the
requirements for a directors. report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011. the Companies Act 2006, the
Memorandum and Articles of Association. and Accounting 8nd Reporting by Charities..
Statement of Recommended Praciice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 (effective 1 January 20191-
QuEPurposos andA.¢liviti
Stinchcombe HillTrust's charitsble objects are to-
O Maintain Stinchcombe-Hill in the interests of social welfare for recreation and exercise
for the use of the inhabitants of Dursley. Cam, Stinchcombe and North Nibley in the
County of Gloucester, taking note in so far as it is possible to do so, of the wishes of the
original benefactor Sir St8nleyTubbs to provide for the mutual enjoyment or golfers,
W81kers and horse riders.
Protect and preserve for the benefit of the public the scheduled monument known as
Drakestone Point and otherteatures on Stinchcombe Hill¥¥hich are of special historic 01
afchaeological interest.
/ Protect and preservefor the benefrt or the public the historic landscape features and
habitat of Stinchcombe Hill with particular reference to registered Sites of Special
Scientifie Interest ISSSII and its wildlife and vegetation.
Increase understanding and enjoyment of the special qualtties of Stinchcombe Hill so
as to encourage the conservation and enhancement of Stinchcombe Hili.
Until recently, the actNities associated with these objectrves have been funded from both
restricted and unrestricted revenue. namely a govefnment grant as restricted income and
rentals as unrestricted income from the golf club. However, thanks to the Cotswold National
Landscapes grants. the objectives have focused on biinging the SSSI into good condition
through a number of larger grants. These grants are restricted income. This means that the
Trust's accounts need to be presented in 8 new form8t to reflect these income streams.
Ouring the ye8r. Stinchcombe Hill Trust
Received grant income of £61.512 that funded conserv8tion mowing and the
preparation ot a management plan for the common on Stinchcombe Hill.
/ Undertook conservation actwities totalling £60.328 (felling. mowing and preparation of
management plan)-
/ Generaied £8.236 ineome from rent, imiestment income and donations. and
/ Expended £7,945 on a(Jministration. governance 8nd m8nagement.

STINCHCOMBE HILL TRUST
TrusteesAnnual Report fortheyearended 31st March 2025 cont.
The trustees acknowledge the Charity Comrnission's guidance, on public benefit as set out in
the Charities Act 2011 and confirm thatthat all theTrust'$ activities further its charitable
objects tor public benefit.
EinanclaL Rovlew
Total income for the year was £69.748 with expenditure totalling £68.273 leaving a surplus of
income over expenditure for the year of £1.475.
At the end of the yearthe charity had net assets of £46,353, of which £14.720 wefe held in COIF
investments and the balance of £31,633 were net current assets.
The funds of £46,353 were made up of restricted funds of £1,184 and general unrestricted funds
of £45,169.
Trustees note that the Trust is becoming more reliant on grant fundingto further its charitable
objects. however. they note that the Trust cannot improve the condition of the SSSI on the Hill
without introducing grazing, which will require investment in fencing and watef supplies. This is
the subject of a grant application to Natural Eneland. Without this grant. existing ¥evenue
streams can only maintain the condition of grassland on the hill. not improve it.
The trust hotds limited fvnds wth the Charities Investment Fund. these are held for emergency
purposes only. No monies have been drawn frorn this fund in this reporting peTlOd.
The Trust does not have a reserves policy. although theie is one in draft form. However. should
the Trust be successful in receiving the Natural England grant then a reserves policy will be
adopted formally. The Trust holds £25,000 ill reserve, split between an investment fund and a
deposit account.
The Trust's free reserves at 31 March 2025 were £30.449. Free reserves are defined as its
unrestricted general reserves held as net current assets. This figure is shown in note 11 to the
accounts.
Trustees have a reasonable expectation that tt has adequate resources to continue in
operational existence for the foreseeable future. Accordingly. they continue to adopt the
ongoing concèrn basis in preparing the Trust's annual report and accounts.

STINCHCOMBE HILL TRUST
Trustees Annual Report fowthe yearended 31st March 2025 cont.
Trustees intend to continue conservation projects in line with grant funding opportunities and
maintain rental income in the short term and seek to increase it in the medium term. In
particular, this means introducing cattle to graze the SSSI and seek granls from Natural England
to support grassland management on both the SSSI and the areas of rough on the golf course.
and renegot18ting the rent the Golf Club pays.
BefteroDQ
Name & Charity Number:
Stinchcombe Hill Trust
Registered Charity No= 1143279
CompanyNo: 07573257
Registered Office:
Camp Farm
Cottage Camp Farm Cottage
The Camp
Stroud GL6 7HL
Trustees:
Christopher Tubbs Ichairl
Msccarter
Mr D Clutterbuck
DrWJ Hammill
Mrs R Hargan
M¥ H Llewellyn
Mr P Pridmore
Mr D R Purnell
Ms M Shaw
Mrc Wwiltshire
Seeretsry
Dr S Pritchard
Bankers:
Lloyds Bank PIC
PO Box1000
BX1 1LT
Soii¢ltors:
wsp
3-7 Rowcroft
Stroud GL6 7HL
Independent Examiner:
Mr M Pooley FCA
Netis Tax ￿MIted
Castleme8d
Lower Castle Street
Bristol BS13AG

STINCHCOMBE HILL TRUST
Trustees Annual Reportforlheyear ended 31st March 2025 cont.
Structure. Governan¢¢ ond Management
Stancombe Hill Trust is a charitable company limited by guarantee without sh8re c8Pital that is
governed by Articles of Association that weie established in 2014. The company was
incorporated on 22- March 2011 and commenced its activities on 1" April 2011. The company
was registered as a charity on 8" August 2011.
Irusteos
There are two types of tTUStees: foundation and representatNe' the former reflects local interest
and the latter are nominated by the local authorities around the hill. The directors of the
company are foundation tTUStees forthe purposes of charity law. The charity employs no staff.
but has a clerkwho performs administrative functions.
Trustees hold their position until retirement. when nominations are requested for replacements.
There is a maximum of ten trustees at a time.
The trust holds 92 ha of land. of which 44.99 ha are rented to 8 third party Istinchcombe Hill
Golf Clubl. The whole land holding is accounted for as a charitable fixed asset. The Land was
donated to the trust in 1929 and was recognised at a nominal value due to the absenee of a
reliable valuation. It is not considefed investment property.
All the land is used for charitable purposes (recreation and conservation). and is held at zero
value rather than fail value117.15c., FRS 1021.
The charity trustees Iwho are also the directors of Stinchcombe HitiTrust for the purposes of
company lawl are responsible for preparing a trustees, annual report and financial statements
in accordance with applicable law an¢J United Kingdom Accounting Standards Iunited Kingdom
Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which
give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including the income and expenditure, of the charity for
that period. In preparing the financial statements, the trustees 8re required to:
al select suitable accounting policies and ihen 8pplythem consistently:
bl observe the methods 8nd principles in the Chaitties SORP-
cl make judgements and estimates that are reasonable and prudent;
dl state whether applicable UK accounting st8nd8rds have been followed, subject to any
material departures disclosed and exptained in the financial statements.
el prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operational existence.

SI I H I¥L
TrU￿eeS Annual Report for the year ended 31st March 2025 cont.
The trustees are responsible for keeping proper accounting records that disclose wtth
reasonable accuracy at any time the financial position of the chartty and to enable them to
ensurethatthe financial statements complywith the CompaniesAct2006. They are also
responsible for safeguardin8 the assets of the charity and the group and hence taking
reasonable steps for the prevention and detection of fraud and other irregutarities.
The trustees are responsible forthe maintenance and integrty of the corporate and financial
information included on the charitable company's website. Legislation in the United Kingdom
govemlng the preparation and dissemination of financi81 statements may differ from legislation
in other jurisdictions.
In accordance with company law. as the charity's Trustees. Y￿ certifythat:
So far as we are aware. there is no relevant audit information of which the charity's
Independent Examiner is unaware. and
As theTrustees ofthe ch8ritywe havetaken all steps that oughtto have been taken in
order to make ourselves aware of any relevant audtt information and to establish that
the charity's Independent Examiner is aware of that information.
signed on behalf of the Trustees:
TllkASlr

Sf TWST
STATEMENT OF FINANCIAL ACTIVITIES
{INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED31 MARCH 2025
As restated
Total
Total
Year
Year
2025
2024
Unrestricted Restrlcted
Funds
Funds
Note
INCOME AND EXPENDITURE
In¢omefrom:
Donations and legacie$
Rental income
Investment income
Grants receivable
300
7.250
686
61.512
soo
6,01)0
421
7.250
686
61.512
9.471
TOTAL INCOME
8.236
61.512
69.748
16,392
TOTAL EXPENDITURE
Charitable activities:
Conservation and management
of Stinchcombe Hill
7,945
60.328
68.273
14,628
Net Incomefortheyear
291
1.184
1,475
1.764
Other re¢ognl$ed galnslliosses)
Gainslllossesl on rev8lu8tion
of f ixed assets
(680)
{680}
Net movement In funds for the year
1389}
1,184
795
1.764
Reconclllatlon of funds for the year
Total funds brought fomard
as previously reported
Prior period adjustment
12 45.558
45.558
43.794
Total funds bought forward as restated 45.558
45,558
43.794
Total funds ¢arrled torward
45.169
1,184
46.353
45.558
The notes on pages 9 to 13 form part of these accounts.

TLUST
BALANCE SHEEr
ASAT 31 MARCH 2025
As r¢$tatod
2024
Company number: 07573257
2025
Notes
FIXED ASSETS
Tangible fixed assets
Inv8Stments
14.720
15.400
14,720
15.400
CURRENT ASSErs
Debtors
Cash at bankand in hand
2.761
85.000
8.002
25,486
87.761
33.488
CREDITORS: Amount$ falling due wlthin one year
156.1281
13,3301
NETCURRENT ASSETS
31.633
30.158
TOTAL ASSETS LESS CURREKf UABILITIES
46,353
45.558
THE FUNDS OF THE CHARITY:
Restricted funds
Unrestricted funds
1.184
45.169
10
45.558
TOTAL CHARITY FUNDS
46.353
45.558
The Trustees are satisfied that the company is entitled to exemption from the provisions of the
Companies Act 2006 Ithe Act) relatingto the 8udrt of the financial statements forthe year by
virtue of section 477. and that no memberor members have requested an audit pursuantto
section 476 of the Act.
The Trustees acknowledge their responsibilities for:
ensuring thatthe company keeps adequate accounting record5 which comply with
section 386 oftheAct. and
preparing fin8ncial statements whlch gNe a true and fair view of the state of affairs of the
company as at the end of the financial year and of its profit or loss for the financial year
in accordance wth the requirements of section 393. and vthich otherwise comply with
the requirements of theAct re18tingtofinancial ststements, so faras applicabletothe
company.

S7 I
BALANCE SHEET (continued)
AS AT 31 MARCH 2025
Company number: s901￿ OIS7 3 IS7
These financial statements have been prepared in accordance wtth the speci81 provisions for
smallcompanies under Part 15 ofthe Companies Act2006.
These flnancial statements were approved by the directors and aLrthorised for issue on
and are slgned on their behalf ty:
TRUSTEE
The notes on pages 9t0 13form partofthese accounts.

STINCHCOMBE HILL TRUST
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with Accounting
and Reporting by Charities: Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Repubts"c of Ireland IFRS 1021 leffective 1
january 20191- Ichartties SORP IFRS 10211. the Financial Reporting Standar
applicable in the UK 8nd Repubtic of Ireland IFRS 1021 and the Companies Act
2006.
Assets and liabilities are initially recognised at historical cost or transaction
value unless otherwise stated in the relevant accounting policy notes.
bl PrepatthDx*fthoo
The trustees are of the opinion that there are no material uncertainties about the
charity's ability io continue as 8 going concem.
cl It]oo
Donations an¢J grants 8re credrted to the Statement of Financial Activities in the
year in which they are receivable and are alloc8te¢J to the appropriate fund.
Donations in kind of services. includingthe secondrnent of stsff. are accounted
for as income at an estimate otthe value to the charity of the services received.
An equal amount IS 8ccounted forthe Se￿iceS in expenditure.
Investment income is included when receivable.
dl Expenditure and irrecoverable VAT
Resources expended are recognised in the period in which they are incurred.
They include 8ttributable VAT which cannot be recovered. They are allocated to
the activityto which they relate.
Charitable expenditure comprises those costs incurned by the charity in the
delivery of its actNities and services for its beneficiaries. As the chaiTty has only
one activtty. 811 costs are allocated against the charitable actiwty.

snNCHCOMBE HILL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 AUGUST2024{contlnued)
1. ACCOUNTING POUCIES Icontinued}
el Tangible fixed assets
Tangible fixed assets consist of land and is held at historical cost to the charity.
The land was donated to the trust in 1929 and was recognised at a nil value due
to the absence of a reliable valuation. It is not considered investment property.
f) Investments
Investments are stated at maTket Value as at the balance sheet date. The
statement of linancial actiVTties includes the net gains and losses arising on
revaluation and disposals throughout the year.
g) FLbnd accounting
Funds held by the charityaie-
Unrestricted funds_these are funds which can be used in accordanee with the
charitable objects at the discretion of the trustees.
Bqsulctodthll￿-these are funds that can only be used for particulai restricted
purposes within the objects of the charity. Restrictions arise when specified by
the donor orwhen funds are raised for particular restricted purposes.
2. SAPENDITURE ON CHARITABLE ACTlVtnES
A8 restated
Yoar
Y8ar
2025
2024
Charitable Activities-Conser¥alion and
Managernent of Stinchcombe Hill
FIPL managementpian
Survey
Conservation moyding
Ash die back work
Accessway specification work
Other conservation costs
Insurance
Administration costs
Accountancy
Subscriptions
52,298
350
4.780
4,758
3,770
1.500
2.760
399
2,701
1,310
2.882
3.196
1,560
307
330
68.273
14.628
10

STINCHCOMBE HILL TRUST
NOTESTOTHE FINANcIALSTATEmE￿
FOR THEYEAR ENDED 31 MARCH 2025{¢ontlnuedl
3. NET INCOMEIIEXPENDITUREI FOR THE YEAR
As rostated
Year
Year
2025
2024
This is stated 8fter charging:
Independent examiner's fees:
Independent examination
Accountancy work
Taxation work
600
600
360
1.560
4. TRUSTEES, REMUNERATION AND RELATED PARTY TRANSACTIONS
The ch8rityTrustees were not paid or received any other beneffts from employment with
the charity in the year12024.. Énill, neither were they reimbursed expenses during the
year12024'. £nill. No charity Trustee r￿e1Ved payment for professional or other services
supplied to the charity12024- £nill.
There weve no related partytransactions during the year.
5. TANGIBLE FIXED ￿￿ETs
Freehold Land
COST
At 1 April 2024 and 31 March 2025
NET BOOKVALUE at31 March 2025
The ch8rity'S18nd is 92 hectares of Stinchcombe Hill. The land was donated to the
charty in 1929.

STINCHCOMBE HILL TRUST
NOTES TO THE FINANCIAL sTATEME￿￿s
FOR THEYEAR ENDED 31 AUGUST2024{continued)
6. INVESTMENTS
As rest8ted
Year
Year
2025
2024
COIF Charities Investment Fund portfolio
14,720
15,400
7. DEBTORS
As restated
Year
Year
2024
2023
Grants receivable
2.761
8.002
8. CREDITORS
As restated
Year
Yeor
2024
2023
Trade creditors
Accruals
54,568
1.560
3,330
56,128
3,330
9. RESTRICTED FUNOS
Balance
BIF
Income
Expend. Balance
CIF
Conservation mowing
Rural Payments Agency
Stinchcorne Hill Habitat
Restoration project
Accessway project
3,314
1,130
13.3141
11,1301
54,308
2.760
153,1241
12,7601
1,184
61.512
160.328)
1.184
12

STINCHCOMBE HILL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
10. UNRESTRICTED FUNDS
Unrealised
loss
Balance
BIF
Income
Expend.
Balance
CIF
General funds
45.558
8.236
17.9451
16801
45,169
11. ANALYSIS OF NET ASSEfs BETWEEN FUNDS
Net
CUfTent
Investment
assets
Total
General funds
Restricted funds
14.720
30.449
1.184
45,169
1,184
14.720
31,633
46.353
12. PRIOR PERIOD A£JJUSTMENT
In PTevious years the charity incorrectly prepared receipts and payments accounts to
tile with the Charity Commission. and micro entty accounts that disclosed a nil balance
sheet atcompanies House.
A prior period adjustment has been undertaken on these accounts to correctly state its
assets and liabilities brought forward at 01 April 2023 and 01 April 2024. and to correctly
state its income and expenditure for the yeaf ended 31 March 2024.
The financial effect of the prior period adjustment is to increase the charity's net 88sets
brought forward at 01 April 2023 by £43,794, and to increase the charity's net assets
brought forward at 01 April 2024 by É45.558.
13

Independent oxaminer's report to the trustees of Stinch¢ombe Hill Tru$t I'tha Company'l
I report to the charity trustees on my examination of the accounts of the Comp8nyforthe year
ended 31 March 2025.
Responslbilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company
lawl you are responsible for the preparation of the accounts in accordance with the
requirements of the Companies Act 20061.the 20(% Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under
Part 16 of the 2006 Act and ale eligible for independent examination, l report in respect of my
examination of your charity's accounts 8s caiiied out under section 145 of the Charities Act
2011 1.the 2011 Act'l. In carrying out my examination I have followed the Directions given by the
Charity Commission under section 145151 Ibl of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in
connection with the examination giwng me cause to believe..
accounting records were not kept in respect of the Company as required by section 386
of the 2006 Act., or
2. the accounts do not accord with those records. or
3. the accounts do not complywith the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts gNe 8.true and tsirview which is
not a matter considered as part of an independent examination; OT
4. the accounts h8ve not been prepared in accordance with the methods and principles of
the St8tement of Recommended Practice for accounting and reporting by charities
applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021-
I have no concerns and have come across no other matters in connection with the
examination to which attention should be dravffl in this report in order to enabl8 a proper
understanding of the accounts to be ie8ched.
Signed..
Name- Mr Mark
ooley
Address.. Metis Tax Limtted. Castlemead. Lower Castle Street. Bristol, BS13AG
Dale:
14