Registered number: 08809187 Charity number: 1155374
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
**(A company limited by guarantee)**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **CONTENTS**
||Page|
|---|---|
|**Reference and administratve details of the company, its Trustees and advisers**|1|
|**Chair’s statement**|2|
|**Trustees’ report**|3|
|**Independent auditor’s report on the fnancial statements**|17|
|**Consolidated statement of fnancial actvites**|23|
|**Consolidated balance sheet**|24|
|**Consolidated statement of cash fows**|25|
|**Notes to the fnancial statements**|26|
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
**REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS** _FOR THE YEAR ENDED 31 MARCH 2025_
|**Trustees**||
|---|---|
||Dame Julie Kenny DBE DL, Chair (deceased 21 February 2025)|
||Mr Timothy Cooke OBE, Chair|
||Mrs Toni Beevers (nee Paxford) (resigned 6 December 2024)|
||Mr John Caldwell, Chair - Finance Committee|
||Mr Alexander Davies-Terry (appointed 6 December 2024)|
||Mr Martin Drury CBE|
||Mr Matthew Hirst|
||Mrs Bronwen Knight|
||Sir Philip Naylor-Leyland Bt (resigned 6 December 2024)|
||Mr Richard Outhwaite|
||Mr Andrew Shepherd|
||Ms Silethokuhle Sibande (resigned 6 December 2024)|
||Mr Darren Baker (appointed 30 July 2024; resigned 15 July 2025)|
||Mrs Wendy Howard (appointed 1 October 2025)|
|**Company registered**||
|**number**|08809187|
|**Charity registered number**|1155374|
|**Registered ofce**|Wentworth Woodhouse|
||Wentworth|
||Rotherham|
||South Yorkshire|
||S62 7TQ|
|**Independent auditor**|BHP LLP|
||Albert Works|
||Sidney Street|
||Sheffield|
||S1 4RG|
|**Bankers**|Barclays Bank plc|
||Church Street|
||Peterborough|
||LE87 2BB|
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
CHAIR’S STATEMENT _FOR THE YEAR ENDED 31 MARCH 2024_
## **A Message from the Chair**
On 21[st] February 2025, Dame Julie Kenny DBE, DL died after a short illness. She was 67. Julie had chaired the Wentworth Woodhouse Preservation Trust from 2014. She brought her considerable business acumen and knowledge of corporate governance to the role, ensuring that our meetings were brisk, focussed, purposeful and supported by regular financial information.
Above and beyond these important capabilities, Julie had an unrivalled passion and commitment to the project, a determination to restore the house, to ensure it is a catalyst for positive change and a source of pride for the local community.
Julie will be greatly missed by former trustees and by all of us who are currently committed to the house and its future and who now will carry her unique legacy forward.
Timothy Cooke OBE
Chairman
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
The Trustees present their report and the audited financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.
## **Our Trustees**
The directors of the charitable company are its trustees for the purposes of charity law. The trustees who have served during the year end since the year end were:
Dame Julie Kenny DBE DL, Chair (deceased 21 February 2025) Mr Timothy Cooke OBE, Chair Mrs Toni Beevers (nee Paxford) (resigned 6 December 2024) Mr John Caldwell, Chair - Finance Committee Chair Mr Alexander Davies-Terry (appointed 6 December 2024)
Mr Martin Drury CBE Mr Matthew Hirst Mrs Bronwen Knight Sir Philip Naylor-Leyland Bt (resigned 6 December 2024) Mr Richard Outhwaite Mr Andrew Shepherd Ms Silethokuhle Sibande (resigned 6 December 2024) Mr Darren Baker (appointed 30 July 2024; resigned 15 July 2025) Mrs Wendy Howard (appointed 1 October 2025)
## **Overview**
After an incredibly tough year in 23/24, the team at Wentworth Woodhouse were tasked with turning the tide to avoid any further corrosion of reserves in 24/25. This thankfully, has been achieved with a far more positive result in the year covered in this report. Lots of much needed preparation has gone into planning the next phase of major capital works on site, with the Heritage Skills Centre, the Chapel and upgrade of the visitor journey planned for development in the coming 3 years. Our cultural offer continues to flourish, with world class exhibitions and community engagement programs. Our volunteer and visitor numbers continue to grow. The Trust is committed to evaluating its work and always seeks to improve its services, though the astonishing number of awards won and grants awarded this year would indicate that we continue to be seen as trailblazers of the heritage sector. None of this would be possible without the help of our funders and donors, and most particularly the National Trust, who continue to be by our side, providing us with much needed expertise, advice and funding.
## **Conserving and Regenerating our Site**
Whilst it may have appeared a quiet year in terms of major capital development on site, behind the scenes several projects have been progressing. Thanks to a generous donation from the estate of Margaret Vickers, restoration of the Rose Garden took place with conservation repairs to the stone copings, wrought iron railings and pathways, in addition to the introduction of steel borders to the beds and the installation of a new summer house. An opening ceremony took place in June 25 with Margaret’s family in attendance. Our thanks go to Margaret’s partner Audrey Morris and also to David Austin Roses for supporting the project with their very special plants.
Staying in the gardens, work began on the Sunken Garden funded through the Survive and Thrive project. We hope the garden will open in the spring of 2026.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
The Elizabeth Cayzer Charitable Trust continued to support work on site; this year the restoration of the railings on the West Front steps was completed and they look marvellous. Our thanks goes to Elizabeth and her trustees and also to Andrew Renwick at Ridgeway Forge for his incredible work.
Our in-house team completed full repairs to two of the sash windows on the West Front, just a further 998 to go!
The first stage of works to Basin Court, one of our inner courtyards took place this year with stripping and decoration of the walls to its north side. We await the outcome of a listed building consent application for a ramp to be fitted which will allow us to open up the courtyard for outdoor dining in 2026.
As part of the Chapel project the paintings were removed for restoration; much of the development phase of this project is now complete and we hope to begin work in the Chapel as soon as the funds are raised. Our Heritage Skills Training Centre at the Stables will now move into development phase as funding applications to the Architectural Heritage Fund and the Swire Foundation, made within the period of this report have been successful and detailed planning work can get underway.
## **Exhibitions**
Our blockbuster exhibition this year was ‘Stubbs: Beneath the Surface’, made possible by grant funding from Arts Council England and loans from several institutions and a private collection. The exhibition was seen by over 13,000 visitors with a high proportion of first-time visitors. It was the first major exhibition curated inhouse by the Wentworth Woodhouse team and a curator consultant. It included borrowing paintings under the Government Indemnity Scheme and our first loan from overseas. Positive relationships were built with artists, museums, and galleries, including independent commercial galleries and lenders.
A key element of the exhibition was staff and volunteer skills development, including a grant award for our Exhibition and Interpretation Manager to undertake the ‘Develop your Creative Practice’ training. We received overwhelmingly positive feedback from visitors and art and museum professionals:
- “… _with intelligence and verve, Beneath the Surface sheds a collective light on why Stubbs’s work has a universal, contemporary relevance, three centuries after his birth_ …” The Art Newspaper
- “ _Thought provoking, informative, imaginative…_ ” Visitor feedback
- “ _A truly beautiful exhibition_ ” Visitor feedback
- “ _The juxtaposition of Stubbs’s fabulous work and contemporary work influenced by him was inspiring_ ” Visitor feedback
- “ _What a triumph and a truly fantastic exhibition_ …” sector peer Gareth Williams – Weston Park
- Press included Yorkshire Post weekend magazine and Country Life magazine
Grant funding from Arts Council England of £29,999 allowed us to develop a rich community engagement programme around the exhibition which included :
- Local artist Richard Johnson, working with charity, Artworks South Yorkshire, to produce Stubbs’ inspired artworks in the Old Hall.
- Students from Swinton and Aston academy created family activities.
- Students from Wales Academy engaged in workshops with the Artist in Residence.
- Vox pops interviews with a variety of people that worked with horses including equine therapists, jockeys and veterinarians.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
**(A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
A Public Programme including:
- Horse Drawn – artists workshop – life drawing with a horse in the West Front Gardens.
- Understanding Stubbs – specific tours on Stubbs and the Marquis of Rockingham led by the research volunteers.
In terms of lessons learned, the exhibition allowed a greater understanding of required infrastructure and resources to deliver an exhibition of this scale. We had expected to reach 20,000 visitors and so our first major show enabled a more accurate picture to support future marketing and projections. We also believe that our marketing could have been deployed more effectively for the exhibition.
## **Our Community Exhibition**
In June 24 we opened our coal mining exhibition, co-created by our research volunteers and the local community. This exhibition presented a people-led community exhibition with a strong emotional impact and included loans from local institutions including Barnsley Museums.
As part of the exhibition, we did our first ever community call out for loans and stories that were included in the exhibition; this resulted in building stronger links with the local community and those that have connections to the heritage of the house. This was our first exhibition that was fully supported by the research volunteers including research, community day support, interpretation writing and installation, which resulted in upskilling of volunteers including enhanced research skills and exhibition writing.
It was wonderful to put items from our archive collection on display for the first time. Programming around the exhibition included a miner’s coffee morning and a miner’s folk night, both of which were very well received by visitors, many of whom came from miners’ families.
65% of visitor feedback expressed positive comments or an emotional connection to the exhibition:
- _The exhibition brought back fond memories of my dad’s time down the pit;_
- _This is REAL history!_
- _A fascinating insight into a bit of South Yorkshire I have not seen before;_
- _Seeing Alan’s Dad’s story made us feel so emotional. Thank you for all you have done to share his story._
As always, there were important lessons learned from the exhibition. General accessibility features could have been improved including lighter settings for the text to be read and cases that allowed the objects to be seen more clearly. The high level of press interest generated visitors to the exhibition, however some expressed disappointment in the scale of the exhibition. Consideration on how to describe future exhibitions in the future will help to manage expectations.
Other exhibitions across the year included the Rockingham Pottery Exhibition: Flora and Fauna and Dig where you Stand pop up for Halloween.
## **Engagement**
As a key partner in the 2025 Children’s Capital of Culture in Rotherham, we worked with three young trainees, one of whom, Becky Foster helped us to prepare for the House of Fun which went live in the summer of 25. Preparation for the exhibition took place across the year as over 100 children and young people worked on the development of the co-produced show.
The Camellia House Activity Plan ended as the Camellia House opened its doors. The Activity Plan, known as the CHAP, was a huge success as the evaluation data below clearly shows.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
## **(A company limited by guarantee)**
TRUSTEES’ REPORT
_FOR THE YEAR ENDED 31 MARCH 2024_
|Target|Actual|
|---|---|
|900 partcipants in art and gardening actvites for
wellbeing|90 gardening volunteers each week
150 corporate volunteers in 2023-24
369 visits by community groups
47 family volunteers took part in Forest of
Bewilderment consultaton
149 Art in Teahouse
126 partcipants in Memory Café
TOTAL = 931|
|230 people on placements and volunteering|155 college and university students on placement
240 gardening and corporate volunteers
TOTAL = 395|
|1,850 school pupils on visits, including 180 with
special educatonal needs|2434 school pupils; 383 with special educatonal
needs
TOTAL = 2,434|
|2,000 people atend tcketed events|193 tckets sold for Afer Hours events in 2023/24:
Bat Night, Astronomy Night, Nature walks, Dawn
Chorus
2,401 tckets sold for the WE Wonder events in
2023/2024, including Basant Festval
126 tckets sold for Memory Café in 2024
35 tckets sold for Nature Discovery sessions in
23/24
32 tckets sold for How do you take your tea?
TOTAL = 2,787|
|200 young people will achieve Wentworth
Woodhouse Challenge Badge for guides and scouts|203 young people have achieved the badge
TOTAL = 203|
|Hundreds of professionals from community
organisatons, charites and schools coming together
for networking events|100 people took part in Creatve Health Day
12 people served on Basant Panel
78 people atended four Inspire & Connect events
10 people atended bi-monthly Community Inclusion
Panel
TOTAL = 200|
|Thousands connectng digitally through flms, digital
tours etc.|5000 YouTube followers
32,900 views for flms documentng restoraton of
Camellia House
26,231 views for flms exploring the history of the
Camellia House, menagerie and gardens, as well as
educaton and community engagement.
TOTAL = 59,131 views|
A very full evaluation of the project took place and is available on request.
Events created as part of the Activity Plan also included Army Days, Tea Talk, the Basant Festival (WE Wonder), Breakout Arts Performance, Learn it Make it Sell it, Scholars Treat, Art in the Tea House and Camellia Quest with ArtWorks.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
## **Press Coverage Received**
## _7 July 2024_
Rics Award Win for Camellia House at Wentworth Woodhouse (e-architect)
## _19 July 2024_
Restoration of Wentworth Woodhouse’s Camellia House wins RICS regional award (The Star (Sheffield))
## _July 2024_
Camellia House at Wentworth Woodhouse Wins RICS Regional Award (Amazing Architecture)
## _10 September 2024_
Restoration of Wentworth Woodhouse’s Camellia House wins RICS regional award (Rother Life (online))
## _15 October 2024_
Restoration of Wentworth Woodhouse’s Camellia House wins prestigious Georgian Group award (Heritage Trust Network)
## _18 October 2024_
Multi-million pound restoration at historic home wins leading award (Barnsley Chronicle)
## _15 October 2024_
Stately home tea room restoration recognised (BBC News)
## _July 2024_
Restoration of Wentworth Woodhouse’s Camellia House wins RICS regional award (htps://www.e-architect.com/england/camellia-house-wentworth-woodhouse-south-yorkshire)
## _June 2025_
Europa Nostra award in Conservation and Adaptive Reuse category - (htps://www.europeanheritageawards.eu/winners/camellia house/)
## _June 2025_
Architects’ Journal Community Impact of the Year 2025 winner (https://www.architectsjournal.co.uk/news/aj100-community-impact-of-the-year-2025-winner-revealed)
## **Place Partnership funding**
We were awarded Place Partnership funding in October 2024, through Arts Council England’s Place Partnership programme. This funding was awarded to a consortium of partners in Rotherham, led by Rotherham Metropolitan Borough Council, and is part of the Children’s Capital of Culture programme. Wentworth Woodhouse is leading on the Creative Health strand of the work. We continue to deliver activities in the garden that improve the health and wellbeing of children and young people.
## **Creative Health Symposium**
We hosted the first Rotherham Creative Health Symposium in June 2024. This brought together health and creative practitioners to shape the action plan for the Rotherham Creative Health Board. This recognises our key role in the development of Creative Health in Rotherham.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
## **Tours**
During this year we launched new tours including Top to Bottom and After Hours. The Top to Bottom tours completely sold out and we may repeat these again in the future. We also ran Women of Wentworth, Lady Mabel and Behind the Scenes, which continues to be our most popular tour. Candlelit Tours continue to be popular too.
## **Archives and Collections**
We were awarded funding by the National Archives through the Engagement Grant programme. The project worked with research volunteers and a newly formed youth panel to share place-based stories, as well as provide public access to the archive for the first time. We delivered the first Afternoon in the Archives sessions to the public in 2024, which were sell out sessions.
We began cataloguing the archival collection with volunteers who received training in cataloguing and handling historical objects. They have now catalogued over 1,000 items.
## **Digital**
This year we were awarded funding from the National Lottery Heritage fund for the Perception Busters programme which allowed us to appoint Lorraine Camm as our first full time Digital Lead. The project involves our 2025 Children’s Capital of Culture young trainee producers Mrat Frezghi and Louise Webb working together to create four films that bust myths about the heritage sector, to be screened at a Film Festival and Premiere in November 25. The project also includes the development of Wentworth Woodhouse's first digital strategy, an integral next step in delivery of our Culture Strategy.
The digital department also delivered the Film Makers Club and the Film Club Summer Camp, designed to engage junior aged pupils in film making.
## **Events**
We delivered a packed programmes of events in across this year including
JCB Event, Easter Trail, the Mayor’s Ball, the Lady Mabel Annual Reunion, Outdoor Theatre, Colourscape Family Arts Festival, Car Show, Adventure Cinema, 3 School Proms, the Great British Food Festival and the Austin Owners’ Club. Once again, we delivered the Christmas Light Trail with over 14,000 visitors attending despite the challenges of the weather!
Eight couples were married at Wentworth Woodhouse, Cub and Beaver camps took place, Brownies visited, as did numerous schools including Brinsworth Howarth, Brinsworth Whitehill Primary, Rawmarsh Thorogate Primary, Greasbrough School, Winterhill School (Governors' Awards), The Willows, Greenhead College and Wales High School. We welcome education groups from across the UK but particularly enjoy seeing local school engage with their heritage at Wentworth.
Fundraising events included the Quiz the Follies Challenge, a series of very successful Car Boot sales, our Big House Heroes campaign. A Fascinator Workshop, our very popular D Day 1940s event and Night at the West End. The Black Diamonds Ball raised almost £30,000, and many other fundraising events sold out and added much need funds to our fundraising budget. Other highlights included the Murder Mystery Evening, Thurnscoe Male Voice Choir, A Christmas Carol performed by Gerald Dickens, Burns Night, wine and cheese tasting and Gin and Jazz.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
## **Volunteering**
Our volunteers continue to be the backbone of Wentworth Woodhouse providing an incredible 39,808 hours of volunteering between April 2024 and the end of March 2025, including our record breaking month of August 2024 which alone saw 4,047 hours of volunteering across a wide range of roles. The purchase of an eBus to help our visitors who need support to access the site resulted in a new volunteering role of eBus Driver, providing access for both visitors to the house and diners at the Camellia House. Our volunteers’ input extends beyond their allocated roles within the house and garden; over the course of this year they also took part in Health and Safety Training and Customer Experience Training, and some featured in the BBC1 documentary, _Our Yorkshire Stately Home_ which provided a national platform from which to promote our work. The show, aired on a Friday evening in a primetime slot, was watched by millions of people, and illustrated movingly the power of our warm Yorkshire welcome.
## **Gardens**
This has been a year of remarkable growth, creativity, and collaboration within the Wentworth Woodhouse gardens. Supported by a strong and dedicated team of over 80 volunteers, the gardens have continued to flourish as a place of learning, wellbeing, and community engagement.
Through innovative partnerships, sustainable practices, and inspiring educational initiatives, the team has delivered a diverse range of projects that not only enhance the visitor experience but also reinforce the gardens’ role as a space for heritage, nature, and people to thrive together.
## **Community Garden Development**
The Community Garden Project has continued to evolve as a hub for learning, inclusion, and sustainable growing. Designed to be accessible and engaging for volunteers, local groups, and corporate visitors, the project has embedded a holistic approach to gardening, combining food production, wellbeing, and enterprise.
Over the past year, growing spaces were developed across the polytunnels and greenhouse for both produce and cut flowers. Composting and rainwater harvesting systems were installed to promote sustainability.
A plant-to-plate enterprise was successfully launched, supplying fresh produce to the catering department, and a series of hands-on workshops were delivered for community groups in line with the Paid Partnership programme.
The project has established a fully functional and sustainable growing infrastructure and created a new partnership in – house with our food and beverage department. Educational and wellbeing workshops have increased local participation and awareness, helping to strengthen community ties. Balancing operational demands with engagement and learning delivery has been an ongoing consideration, as has integrating sustainability measures within tight budget constraints.
## **Garden and Corporate Volunteers**
Volunteers remain at the heart of the gardens’ success. Throughout 2024/25, a focused recruitment and engagement drive expanded the volunteer base and strengthened partnerships with corporate groups, helping to build a resilient, skilled, and passionate community.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
Volunteer recruitment initiatives led to the formation of project-based teams with diverse skills, and new corporate volunteering opportunities were introduced to encourage long-term partnerships. A voluntary contributions model was also developed to support garden maintenance and tool replacement, fostering a sense of shared responsibility and investment in the gardens’ future.
The year saw 26 new volunteers join in March.
## **Garden Improvement Projects**
Throughout the period covered in this report, several key improvement projects were delivered to enhance both the visitor experience and volunteer engagement within the gardens. The year saw significant progress in planning and implementing improved garden signage to support visitor wayfinding, alongside the development of a rotational volunteer system designed to encourage learning and ownership across different garden areas.
Educational programmes focusing on pollinators were delivered, culminating in the creation of an integrated art installation that combined creativity with ecological awareness.
A particularly successful collaboration with a local steel manufacturer resulted in the production of bespoke garden signage free of charge, demonstrating the value of local partnerships. The new rotational volunteer system increased engagement and provided opportunities for skill sharing and personal development.
Maintaining continuity of garden operations while balancing volunteer availability has been an ongoing consideration, as has the coordination of external partnerships within the seasonal rhythm of the gardens’ work.
## **Garden Events and Engagement**
This year we saw the continued success of the gardens’ vibrant events programme, connecting visitors, volunteers, and community groups through celebration, learning, and creativity.
Over the year we hosted Bat Nights, Hive Writers, The Light in a Tea Cup exhibition, Nature Discovery Sessions, Wildlife Trust Workshops, Nature Walks, Painting Workshops and Astronomy Nights.
The Beltane Festival was delivered in partnership with a range of local organisations. The week-long event offered cultural and holistic experiences that engaged a wide audience and celebrated the connection between nature, creativity, and wellbeing.
Alongside major events, the gardens also delivered a range of wellbeing and educational programmes for community groups, while producing new strategic proposals to streamline garden maintenance processes.
These programmes have fostered inclusion, learning, and wellbeing, strengthening the role of the gardens as a space for connection and creativity. Coordinating volunteers and partner organisations for large-scale events presented logistical challenges, as did maintaining visitor engagement during busy operational periods, but the success of each event demonstrated the dedication and adaptability of the team.
2025 has demonstrated the strength, creativity, and dedication of the Wentworth Woodhouse Gardens team and its volunteers. Through collaboration, innovation, and community spirit, we have continued to build gardens that inspire, educate, and connect. As we look ahead to 2026, our focus remains on sustainability, inclusion, and education, ensuring the gardens continue to grow as a place where people, plants, and purpose thrive together.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
**(A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
## **Grants Awarded**
|Children’s Capital of Culture|RMBC -Re Rotherham Show|£ 2,000.00|
|---|---|---|
|Film School(Easter 2025)|RMBC|£ 1,911.35|
|Percepton Busters|NLHF|£ 132,800.00|
||RMBC(CCoc)|£ 44,449.60|
|Art Installaton(Pollinator)|James Neill Trust Fund|£ 3,000.00|
|Core Costs|EFCT(Sir PhilipNaylor-Leyland)|£ 25,000.00|
|Core Costs|Natonal Trust|£ 250,000.00|
|CommunityGarden|The Kilroot Foundaton|£ 10,000.00|
|Community Cube Garden at RHS
Show|RHS|£ 3,000.00|
|Survive & Thrive|NLHF|£ 248,220.00|
||World Monument Fund|£ 15,000.00|
|House of Fun (includes We
Wonder 25)|ACE|£ 99,999.00|
|Overmantel PaintngProject|Aldama Foundaton|£ 10,000.00|
|HangingEquipment GIS Rooms|Foyle Foundaton|£ 20,000.00|
|**Awards Received**|The Camellia House|
|---|---|
|**2024**||
|RICS Regional Award – Refurbishment / Revitalisaton
Award|(Donald Insall Associates)|
|Shefeld Business School & Help To Grow: Management
Alumni|Best Marketng Campaign|
|Georgian Group2024|Best re-use of a Georgian building|
|**2025**||
|Architects Accredited in Building Conservaton (AABC)
awards|Highly Commended|
|Europa Nostra|For Conservaton and Adaptve Reuse|
|Architects’ Journal award|Winner of Community Impact of the Year 2025|
Our thanks go to all of our funders for their incredible support across the year. We also appreciate the numerous donations received from individuals without whom we would not be able to deliver our work with communities.
## **Financial Review**
Total income amounted to £7,131,715 (2024: £7,242,339). Included in total income is unrestricted income of £3,200,340 (2024: £2,316,573). This is an increase of 38.1% compared to prior year. This has been boosted by income from Landmark Trust totalling £135,000 which was received following the signing of the heads of terms agreement for the lease of South Tower. We have seen increases in income in all of our major trading areas, but particularly in hospitality, which saw a 39% increase in income compared to prior year and events which saw a 36 % increase in income. We did however see a significant fall in filming income, as we had no major film contract during 24/25.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
Total expenditure was £7,489,501 (2024: £7,259,707) resulting in net expenditure of £357,786 (2024: net expenditure of £17,368). It should be noted that this figure includes expenditure on the capital works programme and a provision in relation to costs associated with partnership funding of the MP1 project. Unrestricted expenditure was £3,185,206 (2024: £2,576,717). This is an increase of 23.6% compared to prior year. This was driven by an above inflation increase in core costs such as energy, insurance and minimum wage rates, along with the above mentioned provision. This has therefore led to a deficit on unrestricted funds of £14,867 this year. Restricted funds have fallen this year as a result of money which was received in previous years now being spent.
As at 31 March 2025, funds totalled £8,823,916 (2024: £9,181,702) of which £244,004 (2024: £258,871) were unrestricted funds, £737,486 (2024: £1,110,405) were restricted funds and £7,842,426 (2024: £7,812,426) were endowment funds. The slight reduction in unrestricted funds is as a result of the £14,867 loss, and the reduction in restricted funds is due to previously received funding now being spent on capital works.
It should be noted that £7,256,936 of the value of the endowment is not cash but relates to the value of the built asset.
The financial statements give details of the charity’s funds and how these have been applied during the year.
## **Going Concern**
The Trust reported an unrestricted deficit of £14,867 for the year ending 31 March 2025, with free reserves amounting to £173,908 as of the same date. In response to these results, the trustees have conducted a thorough review of the detailed income and expenditure forecasts up to 31 December 2026. The latest budget for the year ending 31 March 2026 forecasts total income of £3.46 million and costs of £3.43 million, resulting in an expected surplus of £21,000. For the period ending 31 December 2026, the draft budget anticipates total income of £2.479 million and costs of £2.448 million, resulting in a projected surplus of £31,000. Included in the forecasts to 31 December 2026 is grant income which is unsecured totalling £50,000.
The extent of required income which is still to be secured for the year to 31 March 2027 indicates the existence of a material uncertainty which may cast significant doubt on the group's and parent charitable company's ability to continue as a going concern. However, the charity is actively engaging with funders and prioritising income generation and stringent cost management. The trustees remain confident in the charity's ability to secure the necessary income, supported by positive feedback from funders. This confidence underpins the trustees' belief that the charity will maintain sufficient resources to continue its operations for the foreseeable future. For these reasons, the directors are confident that the organisation has sufficient resources to continue operating for the foreseeable future and have prepared the financial statements on a going concern basis.
Consequently, the financial statements have been prepared on a going concern basis and do not include the adjustments that would result if the group and parent charitable company was unable to continue as a going concern.
12
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
**(A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
## **Principal Risks & Uncertainties**
The Trustees have a risk management strategy which comprises:
- A bi-monthly review of the principal risks and uncertainties that the Trust and the subsidiary Wentworth Woodhouse Trading Ltd face. These risks are presented in the form of two risk registers; Corporate Risk and Capital Works Risks.
- The establishment of policies, and systems to mitigate those risks identified.
- The implementation of procedures designed to minimise any potential impact on the Trust should these risks materialise.
‑ Key financial risks are detailed below. Attention is also focused on non financial risks arising from fire, health and safety, legal claims, and damage to the reputation of the Trust. These are managed by ensuring we are fully compliant with legislation; we have robust policies and procedures in place and that regular awareness training is provided for staff and volunteers working in these operational areas.
## **Risk 1**
Insufficient income is obtained to support ongoing revenue required to maintain and manage Wentworth Woodhouse. Charity support and commercial income is not received or sufficiently generated to meet expectations.
## _Remedial Action_
Risks to revenue have arisen because of the ongoing cost of living crisis and a lack of filming income, negatively impacting our income over the year. In addition, inflationary increases have adversely affected our cost base. ‑ However, the mix of commitments from charitable sources and commercial income from several on going and proven streams, for which conservative assumptions have been made, provide a robust basis and substantially mitigate the risk.
We continue to seek charitable donations, engage the public, charities and seek to develop an active fundraising strategy. Our new Senior Leadership team bring with them expertise and we are already seeing the positive impact our new exhibition programme brings by attracting new visitors.
Each departmental head is working to a business plan and budget to maximise opportunities for income generation. Financial reporting continues to be received, and monitoring of the financials carried out, by the Finance Sub-Committee.
## **Risk 2**
Fundraising to support revenue costs as detailed in the fundraising strategy fails to achieve targets required. Fundraising committee fails, costs cannot be met, Wentworth Woodhouse fails and closes.
## _Remedial Action_
An experienced fundraising CEO and an influential Board of Trustees are in place. The Trust has good existing relationships with funders. A high number of volunteers are included in fundraising activities.
However, the fundraising target is very high for the year ahead and all staff have been tasked with trying to generate as much income as possible through fundraising efforts. The Trust ensures donations can be easily received by way of onsite donation boxes, QR code signs and JustGiving.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
## **Risk 3**
Inadequate reserves and cash flow problems. Falling income, poor financial management and accounting, lack of adequate information and profligate spending. Wentworth Woodhouse cannot meet its commitments and ceases to be a going concern.
## _Remedial Action_
The Trustees ensure regular financial monitoring with monthly cashflows and management accounts being produced. The new Senior Leadership Team provide a much-needed resource, required to grow the business and improve income levels into the business.
The Trust has a strong mix of Trustees with commercial, heritage and banking backgrounds.
Cash flow is critical, and discussions are underway with Government bodies, funders and donors to explore ways in which the Trust might trade more comfortably over the next 4-5 years until the next phase of major works is completed.
## **Risk 4**
Loss of capital due to theft or fraud. Inadequate financial controls. Reputational risk, potential for further sanctions, fewer resources to deliver charitable objectives.
## _Remedial Action_
The Trust has implemented stringent financial controls and procedures. Approval thresholds are in place for all ‑ payments, and all payments require two signatures. An anti money laundering policy is in place and client identification required for all transactions over £10k in value. Bank mandate and financial controls are reviewed annually.
## **Risk 5**
The impact of the cost-of-living limits visitor numbers. Lack of destination support, parking facilities etc. Poor visitor numbers equate to lower visitor spend and therefore income to sustain the House as a visitor attraction.
## _Remedial Action_
Pricing increases have been introduced. A new targeted approach to marketing is being considered. The exhibition programme is attracting new audiences and increases in visitor numbers.
## **Reserves Policy**
The Trustees have considered the reserves held by the Trust as at 31 March 2025. The Trust needs reserves to enable it to develop its long term aims as well as ensuring the continuation of current activities. As at 31 March 2025, the Trust held reserves totalling £8,823,916 of which £244,004 were unrestricted funds, £737,486 were restricted funds and £7,842,426 were endowment funds. Free reserves as at 31 March 2025 totalled £173,908 (2024: £157,240) It is the Trustees’ ambition to hold free reserves in cash or in grant offers awarded but not yet received, which will be sufficient to cover six months of its unrestricted operating costs, which currently equate to £1,700,000. The Trustees are conscious of the use this year of our reserves as a result of above mentioned challenges with income and expenditure. Trustees are currently working on a recovery plan that will rebuild reserves.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST (A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
## **Public Benefit Statement**
The Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. Details of the activities carried out to deliver the public benefit are set out in the Achievements and Performance section above.
## **Structure, governance and management**
The Wentworth Woodhouse Preservation Trust is a Building Preservation Trust and a company limited by guarantee. Wentworth Woodhouse Trading Limited is a wholly owned subsidiary of the Trust. At present the Trust is managed by its Trustee body, the Board of Trustees. This body usually meets bi-monthly and currently has 10 members.
The responsibility for recommending the appointment of trustees to the Board rests with the Board of Trustees. Trustees are appointed on the basis of an analysis of the current skills on the Board and the need to strengthen its ability to direct the affairs of the Trust, and the individual ability of any nominee to meet the perceived gap in skills and other qualities that they may bring to the Trust.
All trustees receive a copy of the Constitution, the latest guidance from the Charity Commission on the role of an effective trustee and an organigram detailing the executive structure of both the Trust and the trading company. They all attend tours of the house and gardens and meet with the CEO in advance of their formal appointment.
Within the Board of Trustees there are two sub-committees: the Finance, Staffing and Audit Committee and the Capital Works Project Steering Group (which has Trustee representation within its membership).
## **Key management personnel remuneration policy**
The trustees delegate the day to day management of the charity to the key management personnel. Remuneration for key management personnel is determined by the Board of Trustees. Levels are established from a review of the objectives of the charity, the tasks to be achieve, the responsibility of the role and the breadth of skill required. In addition, levels are benchmarked within the locality and within the heritage sector.
## **Third party indemnity provisions**
Insurance for trustees against liabilities in relation to the company, as permitted by the Companies Act 2006 is maintained under a policy held by Wentworth Woodhouse Preservation Trust.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
**(A company limited by guarantee)**
TRUSTEES’ REPORT _FOR THE YEAR ENDED 31 MARCH 2024_
## **Trustees' responsibility statement**
The trustees (who are also directors of Wentworth Woodhouse Preservation Trust for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year. Under company law, the trustees must not approve the financial statements unless they are satisfied that they 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 charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2019 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Disclosure of information to auditor**
In so far as the trustees are aware;
- there is no relevant audit information of which the charitable group's auditor is unaware; and
- • the trustees have taken all the steps that ought to have been taken to make themselves aware of any relevant audit information and to establish that the charitable group's auditor is aware of that information.
In approving the trustees’ report, we also approve the strategic report included therein, in our capacity as company directors.
This report was approved by the trustees, on 28 November 2025 and signed on their behalf by: Temothy Cooke Signer ID: X2N0O4IEAV... **Timothy Cooke**
Chair
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF WENTWORTH WOODHOUSE PRESERVATION TRUST**
## **Opinion**
We have audited the financial statements of Wentworth Woodhouse Preservation Trust (the ‘parent charitable company’) and its subsidiaries (the ‘group’) for the year ended 31 March 2025, which comprise the consolidated statement of financial activities, the consolidated balance sheet, the company balance sheet, the consolidated statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the group’s and parent charitable company’s affairs as at 31 March 2025, and of the group’s incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
The trustees have conducted a thorough review of the detailed income and expenditure forecasts up to 31 December 2026. The charity is actively engaging with funders and prioritising income generation and stringent cost management. The trustees remain confident in the charity's ability to secure the necessary income, supported by positive feedback from funders. This confidence underpins the trustees' belief that the charity will maintain sufficient resources to continue its operations for the foreseeable future. Consequently, the financial statements have been prepared on a going concern basis.
We draw attention to note 2.2 in the financial statements which indicates the events and conditions that may cast significant doubt on the group's ability to continue as a going concern. As stated in note 2.2, these events or conditions, indicate that a material uncertainty exists. In forming our opinion, which is not modified, we have considered the adequacy of the disclosures made in note 2.2 of the financial statements concerning the group and parent charitable company's ability to continue as a going concern.
The group incurred an unrestricted deficit of £15k during the year ended 31 March 2025 and at that date has free reserves of £174k. These conditions along with the other matters explained in note 2.2 to the financial statements indicate the existence of a material uncertainty which may cast significant doubt on the group's and parent charitable company's ability to continue as a going concern. The financial statements do not include the adjustments that would result if the group and parent charitable company was unable to continue as a going concern.
17
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF WENTWORTH WOODHOUSE PRESERVATION TRUST**
## **Other information**
The other information comprises the information included in the trustees’ report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to 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 information, and in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the trustees’ report, which includes the directors’ report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the directors’ report included within the trustees’ report has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- 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 visited by us; or
- the parent charitable company’s financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors’ remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF WENTWORTH WOODHOUSE PRESERVATION TRUST**
## **Responsibilities of trustees**
As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the group and parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charitable company or to cease operations, or have no realistic alternative but to do so.
## **Auditor responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
- the senior statutory auditor ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
- we identified the laws and regulations applicable to the group through discussions with management and trustees, and from our knowledge and experiences of the sector;
- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the group, including Companies Act 2006, Charities Act 2011, health and safety, data protection and food hygiene standards;
- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management;
- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the group’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and
- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF WENTWORTH WOODHOUSE PRESERVATION TRUST**
To address the risks of fraud through management bias and override controls, we:
- performed analytical procedures to identify any unusual or unexpected relationships;
- tested journal entries to identify unusual transactions; and
- investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
- agreeing financial statement disclosures to underlying supporting documentation;
- reading the minutes of meetings of those charged with governance;
- enquiring of management as to actual and potential litigation and claims.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the FRC’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
## **Use of our report**
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Signer ID: WKOLTHN6RI...
## **Rachel Heath (Senior statutory auditor)**
for and on behalf of
## **BHP LLP**
Chartered Accountants Statutory Auditor Albert Works Sidney Street Sheffield S1 4RG
Date: 01/12/2025 GMT
20
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES**
_FOR THE YEAR ENDED 31 MARCH 2025_
|**Note**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Other trading activities
6
Investments
7
**Total income and**
**endowments**
**Expenditure on:**
Raising funds
8
Charitable activities
9
**Total expenditure**
**Net income /**
**(expenditure)**
Transfers between funds
21
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought
forward
Net movement in funds
**Total funds carried**
**forward**
21|**Unrestricted**
**funds**
**2025**
**£**
**402,892**
**505,008**
**2,275,588**
**16,852**
**3,200,340**
**1,961,827**
**1,223,380**
**3,185,207**
**15,133**
**(30,000)**
**(14,867)**
**258,871**
**(14,867)**
**244,004**|**Restricted**
**funds**
**2025**
**£**
**3,931,375**
**-**
**-**
**-**
**3,931,375**
**-**
**4,304,294**
**4,304,294**
**(372,919)**
**-**
**(372,919)**
**1,110,405**
**(372,919)**
**737,486**|**Endowment**
**funds**
**2025**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**30,000**
**30,000**
**7,812,426**
**30,000**
**7,842,426**|**Total**
**funds**
**2025**
**£**
**4,334,267**
**505,008**
**2,275,588**
**16,852**
**7,131,715**
**1,961,827**
**5,527,674**
**7,489,501**
**(357,786)**
**-**
**(357,786)**
**9,181,702**
**(357,786)**
**8,823,916**|Total
funds
2024
£
5,099,836
394,350
1,740,601
7,552|
|---|---|---|---|---|---|
||||||7,242,339|
||||||1,463,911
5,795,796|
||||||7,259,707|
||||||(17,368)|
||||||**-**|
||||||(17,368)|
||||||9,199,070
(17,368)|
||||||9,181,702|
The Consolidated Statement of Financial Activities complies with the requirements for an income and expenditure account under the Companies Act 2006 and includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **CONSOLIDATED BALANCE SHEET**
_AS AT 31 MARCH 2025_
||||**2025**||2024|
|---|---|---|---|---|---|
||**Note**|||||
||||**£**||£|
|**Fixed assets**||||||
|Tangible assets|14||**122,749**||156,236|
|Heritage assets|15||**7,842,426**||7,842,426|
||||**7,965,175**||7,998,662|
|**Current assets**||||||
|Stocks|16|**72,859**||83,895||
|Debtors|17|**228,389**||781,768||
|Current asset investments|18|**-**||235,279||
|Cash at bank and in hand||**1,100,919**||1,338,116||
|||**1,402,167**||2,439,058||
|Creditors: amounts falling due within
one year|19|**(415,093)**||(1,242,685)||
|Provision for liabilities|21|**(125,000)**||-||
|**Net current assets**|||**862,074**||1,196,373|
|**Total assets less current liabilities**|||**8,827,249**||9,195,035|
|Creditors: amounts falling due after
more than one year|20||**(3,333)**||(13,333)|
|**Total net assets**|||**8,823,916**||9,181,702|
|**Charity Funds**||||||
|Endowment funds|22||**7,842,426**||7,812,426|
|Restricted funds|22||**737,486**||1,110,405|
|Unrestricted funds|22||**244,004**||258,871|
|**Total funds**|||**8,823,916**||9,181,702|
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements were approved and authorized for issue by the Trustees and signed on their behalf by:
Ttmothy Cooke Signer ID: X2N0O4IEAV... **Timothy Cooke**
**Date:** 28/11/2025 GMT
The notes on pages 25 to 47 form part of these financial statements
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **COMPANY BALANCE SHEET**
_AS AT 31 MARCH 2025_
||||**2025**||2024|
|---|---|---|---|---|---|
||**Note**|||||
||||**£**||£|
|**Fixed assets**||||||
|Tangible assets|14||**106,084**||131,237|
|Heritage assets|15||**7,842,426**||7,842,426|
||||**7,948,510**||7,973,663|
|**Current assets**||||||
|Stocks|16|**2,087**||2,543||
|Debtors|17|**198,638**||766,326||
|Current asset investments|18|**-**||235,279||
|Cash at bank and in hand||**1,074,901**||1,314,195||
|||**1,275,626**||2,318,343||
|Creditors: amounts falling due
within one year|19|**(378,060)**||(1,306,184)||
|Provision for liabilities|21|**(125,000)**||-||
|**Net current assets**|||**772,566**||1,012,159|
|**Total assets less current**
**liabilities**|||**8,721,076**||8,985,822|
|Creditors: amounts falling due
after more than one year|20||**-**||-|
|**Total net assets**|||**8,721,076**||8,985,822|
|**Charity Funds**||||||
|Endowment funds|22||**7,842,426**||7,812,426|
|Restricted funds|22||**737,486**||1,110,405|
|Unrestricted funds|22||**141,164**||62,991|
|**Total funds**|||**8,721,076**||8,985,822|
The company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own statement of financial activities. The company’s net movement in funds for the year was £(264,746) (2024: £154,310).
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect of accounting records and preparation of financial statements.
The financial statements were approved and authorized for issue by the Trustees and signed on their behalf by:
## Ttmothy Cooke
## Timothy Cooke. Signer ID: X2N0O4IEAV...
Date: 28/11/2025 GMT
The notes on pages 25 to 47 form part of these financial statements.
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Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
**CONSOLIDATED STATEMENT OF CASH FLOWS** _FOR THE YEAR ENDED 31 MARCH 2025_
|**Note**
**Cashflows from operating activities**
Net cash used in operating activities
25
**Cash flows from investing activities**
Bank interest
Purchase of tangible fixed assets
Sale of tangible fixed assets
Purchase of heritage assets
**Net cash used in investing activities**
**Cash flows from financing activities**
Repayment of borrowing
**Net cash used in financing activities**
**Change in cash and cash equivalent in the year**
**Cash and cash equivalents at the beginning of the**
**year**
**Cash and cash equivalents at the end of the year**
Cash and cash equivalents consist of:
Cash at bank and in hand
Short term deposits (included in current asset
investments
**Cash and cash equivalents**
26|**2025**
**£**
**(426,916)**
**16,852**
**(22,412)**
**-**
**(30,000)**
**(35,560)**
**(10,000)**
**(10,000)**
**(472,476)**
**1,573,395**
**1,100,919**
**1,100,919**
**-**
**1,100,919**|2024
£
301,296|
|---|---|---|
|||7,552
(57,054)
7,000
(30,000)|
|||(72,502)|
|||(10,000)|
|||(10,000)|
|||218,794
1,354,601|
|||1,573,395|
|||1,338,116
235,279|
|||1,573,395|
24
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **1. General information**
Wentworth Woodhouse Preservation Trust is a registered charity and company in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity’s operations and principal activities are detailed in the trustees' report.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The Trust constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Wentworth Woodhouse Preservation Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling, which is the functional currency of the charity and rounded to the nearest £.
The consolidated statement of financial activities (SOFA) and consolidated balance sheet consolidate the financial statements of the charity and its wholly owned subsidiary undertaking Wentworth Woodhouse Trading Limited, on a line-by-line basis. The group has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own statement of financial activities in these financial statements.
## **2.2 Going concern**
The Trust reported an unrestricted deficit of £14,867 for the year ending 31 March 2025, with free reserves amounting to £173,908 as of the same date. In response to these results, the trustees have conducted a thorough review of the detailed income and expenditure forecasts up to 31 December 2026. The latest budget for the year ending 31 March 2026 forecasts total income of £3.46 million and costs of £3.43 million, resulting in an expected surplus of £21k. For the period ending 31 December 2026, the draft budget anticipates total income of £2.479 million and costs of £2.448 million, resulting in a projected surplus of £31,000. Included in the forecasts to 31 December 2026 is grant income which is unsecured totalling £50,000.
The extent of required income which is still to be secured for the year to 31 March 2027 indicates the existence of a material uncertainty which may cast significant doubt on the group's and parent charitable company's ability to continue as a going concern. However, the charity is actively engaging with funders and prioritising income generation and stringent cost management. The trustees remain confident in the charity's ability to secure the necessary income, supported by positive feedback from funders. This confidence underpins the trustees' belief that the charity will maintain sufficient resources to continue its operations for the foreseeable future. For these reasons, the directors are confident that the organisation has sufficient resources to continue operating for the foreseeable future and have prepared the financial statements on a going concern basis.
25
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
Consequently, the financial statements have been prepared on a going concern basis and do not include the adjustments that would result if the group and parent charitable company was unable to continue as a going concern.
## **2.3 Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilments of those conditions is within the control of the charity and it is probable that they will be fulfilled. No amounts are included in the financial statements for services donated by volunteers.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.
The charity receives grant funding, which is recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. If entitlement is not met, then these amounts are deferred.
## **2.4 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Raising funds comprise the costs of fundraising activity and direct costs of trading.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Charitable activities include the costs of activities undertaken to further the purposes of the charity and shared costs recharged to the trading company.
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
26
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **2.5 Tangible fixed assets and depreciation**
Tangible fixed assets costing £2,000 or more are capitalised, unless part of a larger project.
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the consolidated statement of financial activities incorporating income and expenditure account.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.
Depreciation is provided on the following bases:
|Plant and machinery|- 33% reducing balance|
|---|---|
|Fixtures and fittings|- 33% reducing balance|
|Office equipment|- 33% reducing balance|
## **2.6 Heritage assets**
Heritage assets are recognised on the balance sheet and initially measured at cost when purchased or if donated, their valuation. Assets are subsequently stated at cost or valuation less accumulated depreciation and accumulated impairment losses.
Heritage assets are not depreciated because the building is currently being reconstructed.
## **2.7 Stocks**
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
## **2.8 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.9 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.10 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
27
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated statement of financial activities as a finance cost.
## **2.11 Financial instruments**
The group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.12 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the group for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Endowment funds represent those assets which must be held permanently by the charity, principally the listed structures at Wentworth Woodhouse, which include the Mansion and its historic contents, the stables, the Camellia House, the Ionic Temple and 83 acres of historic landscape. All of these assets are classified as heritage assets. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the investments form part of the fund.
## **2.13 Employee benefits**
When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
The charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.
## **2.14 Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
28
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **3. Critical accounting estimates and areas of judgment**
Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Critical accounting estimates and assumptions:
The company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.
Support costs which relate to more than one charitable activity are allocated to those activities based on an assessment criteria of percentage of total income.
## **4. Income from donations and legacies**
|Donations
Grants
Total
Total 2024
**ncome from charitable actvites**
Visitor operations
Commercial and residential rents
Total
Total 2024|**Unrestricted**
**funds**
**2025**
**£**
151,545
251,347
402,892
174,070||**Restricted**
**funds**
**2025**
**£**
160,762
3,770,613
3,931,375
4,925,766
**Unrestricted**
**funds**
**2025**
**£**
494,459
10,549|**Total**
**funds**
**2025**
**£**
**312,307**
**4,021,960**
**4,334,267**
5,099,836
**Total**
**funds**
**2025**
**£**
**494,459**
**10,549**
**505,008**
394,350|**Total**
**funds**
**2025**
**£**
**312,307**
**4,021,960**
**4,334,267**
5,099,836
**Total**
**funds**
**2025**
**£**
**494,459**
**10,549**
**505,008**
394,350|Total
funds
2024
£
267,314
4,832,522|Total
funds
2024
£
267,314
4,832,522|
|---|---|---|---|---|---|---|---|
|||||||5,099,836||
||||||||Total
funds
2024
£
394,350
-|
|||||||||
|||||||||
||||505,008||**505,008**||394,350|
|||||||||
||||394,350||394,350|||
## **5. Income from charitable activities**
29
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **6. Income from other trading activities**
**Income from non-charitable trading activities**
|Wentworth Woodhouse Trading Limited
Miscellaneous income
Total
Total 2024|**Unrestricted**
**funds**
**2025**
**£**
2,059,261
216,327
2,275,588
1,740,601|**Total**
**funds**
**2025**
**£**
**2,059,261**
**216,327**
**2,275,588**
1,740,601|Total
funds
2024
£
1,682,181
58,420|
|---|---|---|---|
||||1,740,601|
|||||
## **7. Investment income**
|Bank Interest
Total
Total 2024|**Unrestricted**
**funds**
**2025**
**£**
16,852
16,852
7,552|**Total**
**funds**
**2025**
**£**
**16,852**
**16,852**
7,552|Total
funds
2024
£
7,552|
|---|---|---|---|
||||7,552|
|||||
30
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **8. Raising Funds**
|Public and private events
Depreciation
Wentworth Woodhouse Trading Limited -
direct costs
Total
**_Total 2024_**|**Direct**
**costs**
**2025**
**£**
286,154
-
1,622,216
1,908,370
1,423,890|**Support**
**costs**
**2025**
**£**
32,017
7,509
13,930
53,456
40,021|**Total**
**Funds**
**2025**
**£**
**318,171**
**7,509**
**1,636,147**
1,961,827
1,463,911|Total
funds
2024
£
246,606
4,650
1,212,655|
|---|---|---|---|---|
|||||1,463,911|
||||||
Of the expenditure on raising funds, £nil (2024: £47,925) was attributable to restricted funds.
Shared costs that have been allocated to the trading company totalling £375,889 (2024: £322,052) are within charitable activities (note 9).
## **9. Analysis of charitable expenditure by activities**
|Visitor operations
Restoration, conservation & site
management
Total
Total 2024|**Activities**
**undertaken**
**directly**
**2025**
**£**
329,743
4,987,091
5,316,834
5,541,703|**Support**
**costs**
**2025**
**£**
21,876
188,964
210,840
254,093|**Total**
**funds**
**2025**
**£**
**351,619**
**5,176,055**
**5,527,674**
**5,795,796**|Total
funds
2024
£
364,683
5,431,113
5,795,796|
|---|---|---|---|---|
£4,304,294 (2024: £4,644,065) of the above costs were attributable to restricted funds. £1,223,380 (2024: £1,151,731) of the above costs were attributable to unrestricted funds.
31
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **10. Support costs**
|Governance (note
11)
IT and office costs
Staff costs
Depreciation
Total
Total 2024|Fundraising
expenses
£
8,449
7,961
21,203
15,843
53,456
40,021|Visitor
operations
£
2,756
3,229
11,735
4,156
21,876
17,268|Restoration,
conservation &
site management
£
23,803
27,894
101,367
35,900
188,964
236,825|**Total**
**funds**
**2025**
**£**
**35,008**
**39,084**
**134,305**
**55,899**
264,296
294,114|Total
funds
2024
£
21,011
32,877
172,355
67,871|
|---|---|---|---|---|---|
||||||294,114|
|||||||
Support costs are allocated on the basis of a % of income activity.
## **11. Governance costs**
|Audit and accountancy fees
Legal fees
Professional fees
Total|**2025**
**£**
**15,469**
**-**
**19,539**
**35,008**|2024
£
13,230
-
7,781|
|---|---|---|
|||21,011|
32
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **12. Net income / (expenditure)**
|**_This is stated after charging:_**
Depreciation of tangible fixed assets owned by
Auditor’s remuneration – audit
Auditor’s remuneration – other services
Profit on disposal of asset
**taf costs**
Wages and salaries
Social security costs
Other pension costs
Total|the charitable group
**Group**
Group
**2025**
2024
**£**
£
**1,753,232**
1,460,013
**131,448**
106,196
**41,194**
36,064
**1,925,874**
1,602,273|**2025**
**£**
**55,899**
**17,500**
**1,540**
**-**
**Company**
**2025**
**£**
**1,753,232**
**131,448**
**41,194**
**1,925,874**||2024
£
67,875
12,000
1,230
4,093|
|---|---|---|---|---|
|||||Company
2024
£
1,460,013
106,196
36,064|
|||||1,602,273|
## **13. Staff costs**
The average number of persons employed by the company during the year was as follows:
|Fundraising
Catering
Visitor operations & retail
Events & filming
Facilities
Other
Total|**Group**
**2025**
**2**
**47**
**22**
**3**
**17**
**18**
**109**|Group
2024
3
40
22
4
16
17|
|---|---|---|
|||102|
33
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
The number of employees who employee benefits (excluding employer pension costs) exceeded £60,000 was:
|||**Group**|Group|
|---|---|---|---|
|||**2025**|2024|
|In the band £70,001|- £80,000|**1**|-|
|In the band £80,001|- £90,000|**1**|1|
The key management personnel of Wentworth Woodhouse Preservation Trust comprise the CEO, the COO, Head of Heritage and Head of Culture. Their total emoluments earned as employees of Wentworth Woodhouse Preservation Trust, including employer national insurance and pension contributions totals £302,808 (2024: £152,941).
Please refer to page 17 of the Trustees’ Annual Report for details on how executive pay is set.
Wentworth Woodhouse Preservation Trust receives a substantial amount of support and expertise from volunteers. The work undertaken by this significant number of volunteers (including Trustees time), when expressed as a monetary value for 2024/25, is £681,380 (2023/24: £658,275). This amount is not reflected in the Statement of Financial Activities.
34
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## 14. **Tangible fixed assets**
## **Group**
|**_Cost_**
At 31 March 2024
Additions
Disposals
**At 31 March 2025**
**_Depreciation_**
At 31 March 2024
Charge for the year
Disposals
**At 31 March 2025**
**_Net book value_**
**At 31 March 2025**
At 31 March 2024|**Plant and**
**machinery**
**£**
205,991
22,412
-
**228,403**
135,003
27,318
-
**162,321**
**66,082**
70,988|**Fixtures**
**and fittings**
**£**
163,763
-
-
**163,763**
106,810
19,149
-
**125,959**
**37,804**
56,953|**Office**
**Equipment**
**£**
114,604
-
-
**114,604**
86,309
9,432
-
**95,741**
**18,863**
28,295|**Total**
**£**
484,358
22,412
-|
|---|---|---|---|---|
|||||**506,770**|
|||||328,122
55,899
-|
|||||**384,021**|
|||||**122,749**|
|||||156,236|
35
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **Company**
|**_Cost_**
At 31 March 2024
Additions
Disposals
**At 31 March 2025**
**_Depreciation_**
At 31 March 2024
Charge for the year
Disposals
**At 31 March 2025**
**_Net book value_**
**At 31 March 2025**
At 31 March 2024|**Plant and**
**machinery**
**£**
171,308
22,412
-
**193,720**
109,140
24,378
-
**133,518**
**60,202**
62,168|**Fixtures**
**and fittings**
**£**
121,202
-
-
**121,202**
80,428
13,755
-
**94,183**
**27,019**
40,774|**Office**
**Equipment**
**£**
114,604
-
-
**114,604**
86,309
9,432
-
**95,741**
**18,863**
28,295|**Total**
**£**
407,114
22,412
-|
|---|---|---|---|---|
|||||**429,526**|
|||||275,877
47,565
-|
|||||**323,442**|
|||||**106,084**|
|||||131,237|
36
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
15. **Heritage assets** _**Group and Company**_ **Assets recognised at cost**
|As at 31 March 2024
Additions
**As at 31 March 2025**
**Analysis of heritage asset transactons**
**_Group and Company_**
**_Purchases_**
Assets held at cost
**_Donations_**
Assets held at cost
**_Total additions_**||**Wentworth**
**Woodhouse**
**Donated**
**Pottery**
**Integral**
**Features**
**Total**
**£**
**£**
**£**
**£**
7,256,926
495,000
90,500
**7,842,426**
-
-
-
**-**
**7,256,926**
**495,000**
**90,500**
**7,842,426**
**2025**
**2024**
**2023**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
**-**
**-**
**75,000**
**1,736**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**75,000**
**1,736**
**-**|**Total**
**£**
**7,842,426**
**-**|**Total**
**£**
**7,842,426**
**-**|
|---|---|---|---|---|
||||**7,842,426**||
|||**2025**
**£**
**-**
**-**
**-**||**2021**
**£**
**-**
**-**|
|||||**-**|
Heritage assets primarily comprise of the acquisition of the buildings, contents and surrounding gardens.
## **16. Stocks**
||**Group**|Group|**Company**|Company|
|---|---|---|---|---|
||**2025**|2024|**2025**|2024|
||**£**|£|**£**|£|
|**Stock**|**72,859**|83,895|**2,087**|2,543|
37
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **17. Debtors**
|Trade Debtors
Amounts owed by group undertaking
Other debtors
Prepayments and other accrued income
**Total**|**Group**
**2025**
**£**
**44,192**
**-**
**16,238**
**167,959**
**228,389**|Group
2024
£
14,128
-
118,237
649,403
781,768|**Company**
**2025**
**£**
**23,565**
**-**
**16,238**
**158,835**
**198,638**|Company
2024
£
7,071
-
118,237
641,018|
|---|---|---|---|---|
|||||766,326|
## **18. Current asset investments**
||**Group**|Group|**Company**|Company|
|---|---|---|---|---|
||**2025**|2024|**2025**|2024|
||**£**|£|**£**|£|
|Short term deposits|**-**|235,279|**-**|235,279|
|**Total**|**-**|235,279|**-**|235,279|
Investments in short term deposits have an original maturity of between 3 months and 12 months.
**19. Creditors: Amounts falling due within one year**
|Bank loans
Trade creditors
Amounts owed to group undertakings
Other taxation and social security
Other creditors
Accruals and deferred income
**Total**|**Group**
**2025**
**£**
**10,000**
**151,143**
**-**
**85,473**
**85,812**
**82,665**
**415,093**|Group
2024
£
10,000
633,687
-
44,997
66,358
487,643
1,242,685|**Company**
**2025**
**£**
**-**
**92,173**
**146,782**
**31,603**
**41,423**
**66,079**
**378,060**|Company
2024
£
-
582,201
197,245
33,295
22,439
471,004|
|---|---|---|---|---|
|||||1,306,184|
38
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **19. Creditors: Amounts falling due within one year (continued)**
|Deferred income at 1 April
Resources deferred during the year
Amounts released from previous periods
**Total**|**Group**
**2025**
**£**
**64,041**
**22,643**
**(63,066)**
**23,618**|Group
2024
£
32,945
63,066
(31,970)
64,041|**Company**
**2025**
**£**
**64,041**
**22,643**
**(63,066)**
**23,618**|Company
2024
£
32,945
63,066
(31,970)|
|---|---|---|---|---|
|||||64,041|
Deferred income relates to membership income relating to 2025/26 and onwards, and the 2024 figure includes donations received in 2023/24 which had been allocated for 2024/25 expenditure.
## **20. Creditors: Amounts falling due after more than one year**
|Bank loans
Other creditors
**Total**|**Group**
**2025**
**£**
**3,333**
-
**3,333**|Group
2024
£
13,333
-
13,333|**Company**
**2025**
**£**
**-**
**-**
**-**|Company
2024
£
-
-|
|---|---|---|---|---|
|||||-|
Bank loans represent a Bounceback Loan with a fixed interest rate of 2.5% per annum. The term of the loan is 6 years from July 2020 however early repayment is permitted. There is a guarantee from the UK Government under the Bounce Back Loan Scheme (BBLS) in relation to this loan.
39
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **21. Provision for liabilities**
|At the beginning of the period
Additions
Utilised in period
At the end of the period
Analysed as:
Current
Non-current|**Group**
**2025**
**£**
**-**
**125,000**
**-**
**125,000**
**125,000**
**-**
**125,000**|Group
2024
£
-
-
-
-
-
-
-|**Company**
**2025**
**£**
**-**
**125,000**
**-**
**125,000**
**125,000**
**-**
**125,000**|Company
2024
£
-
-
-|
|---|---|---|---|---|
|||||-|
|||||-
-|
|||||-|
A provision has been recognised in year in relation to partnership funding for the MP1 capital works project and associated legal costs. As at the balance sheet date the final costs were not confirmed.
40
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **22. Statement of funds**
**Statement of funds – current year**
|**_Unrestricted funds_**
General funds
Trading subsidiary
**_Endowment funds_**
Endowment funds
**_Restricted funds_**
Acquisition fund
Historic England
Masterplan phase 1/3a & Hamish
Ogston Foundation
Restricted donations
NLHF Emergency Fund
Postcode Lottery
Culture Recovery Grant
Master Cutler’s Challenge
Cultural Activities
Donations for maintenance
Levelling Up Fund
Iron Works
Heritage Skills Apprentice
Access Wentworth
Driving Forward
Exhibition preparation and delivery
Perception Busters
Total restricted funds
**_Total of funds_**|**Balance at**
**31 March**
**2024**
**£**
**62,981**
**195,890**
**258,871**
**7,812,426**
**3,231**
**117,707**
**50,227**
**78,256**
**451**
**1,975**
**39,425**
**131**
**(5,789)**
**-**
**565,707**
**11,085**
**17,326**
**250,000**
**(19,327)**
**-**
**-**
**1,110,405**
**9,181,702**|**Income**
**£**
**1,093,730**
**2,106,610**
**3,200,340**
**-**
**-**
**-**
**220,423**
**58,427**
**-**
**-**
**-**
**-**
**29,988**
**95,000**
**3,157,184**
**14,040**
**8,000**
**50,000**
**159,487**
**27,976**
**110,850**
**3,931,375**
**7,131,715**|**Expenditure**
**£**
**(985,556)**
**(2,199,651)**
**(3,185,207)**
**-**
**-**
**(4,286)**
**(319,211)**
**(74,448)**
**(451)**
**(744)**
**(12,485)**
**-**
**(29,808)**
**(94,992)**
**(3,465,015)**
**(16,353)**
**(25,196)**
**(41,301)**
**(137,628)**
**(65,602)**
**(16,774)**
**(4,304,294)**
**(7,489,501)**|**Transfers**
**in/out**
**£**
**(30,000)**
**-**
**(30,000)**
**30,000**
**-**
**-**
**(8,213)**
**(28,665)**
**-**
**-**
**-**
**-**
**-**
**-**
**(3,122)**
**-**
**-**
**-**
**-**
**40,000**
**-**
**-**
**-**|**Balance at**
**31 March**
**2025**
**£**
**141,155**
**102,849**|
|---|---|---|---|---|---|
||||||**244,044**|
|||||||
||||||**7,842,426**|
||||||**3,231**
**113,421**
**(56,774)**
**33,570**
**-**
**1,231**
**26,940**
**131**
**(5,609)**
**8**
**254,754**
**8,772**
**130**
**258,699**
**2,532**
**2,374**
**94,076**|
||||||**737,486**|
|||||||
||||||**8,823,916**|
41
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
|**Statement of funds – prior year**
**Balance at**
**1 April**
**2023**
**£**
**_Unrestricted funds_**
General funds
**163,560**
Trading subsidiary
**367,568**
**531,128**
**_Endowment funds_**
Endowment funds
**7,782,426**
**_Restricted funds_**
Acquisiton fund
**3,231**
Historic England
**194,728**
Natonal Trust Grant
**-**
Masterplan phase 1/3a &
Hamish Ogston Foundaton
**327,188**
Restricted donatons
**134,107**
Creatve Producers
**24,794**
NLHF Emergency Fund
**2,192**
Postcode Lotery
**2,533**
Culture Recovery Grant
**58,932**
Master Cutler’s Challenge
**131**
Cultural Actvites
**9,685**
Donatons for maintenance
**19,644**
Community Renewal Fund
**274**
Levelling Up Fund
**84,690**
Iron Works
**6,163**
HE Kickstart
**-**
Heritage Skills Apprentce
**18,280**
Bedlam Wing
**(1,056)**
Access Wentworth
**-**
Driving Forward
**-**
Total restricted funds
**885,516**
**_Total of funds_**
**9,199,070**|**Income**
**£**
**634,392**
**1,682,181**
**2,316,573**
**-**
**-**
**-**
**-**
**1,730,860**
**30,046**
**-**
**-**
**-**
**-**
**161,043**
**32,809**
**45,000**
**-**
**2,589,566**
**20,000**
**-**
**20,000**
**12,500**
**250,000**
**33,942**
**4,925,766**
**7,242,339**|**Expenditure**
**£**
**(713,858)**
**(1,853,859)**
**(2,567,717)**
**-**
**-**
**(77,021)**
**-**
**(2,004,821)**
**(82,161)**
**(24,794)**
**(1,741)**
**(558)**
**(19,507)**
**(161,043)**
**(40,311)**
**(64,644)**
**(274)**
**(2,108,548)**
**(18,683)**
**-**
**(20,954)**
**(13,661)**
**-**
**(53,269)**
**(4,691,990)**
**(7,259,707)**|**Transfers**
**in/out**
**£**
**(21,113)**
**(21,113)**
**30,000**
**-**
**-**
**-**
**(3,000)**
**(3,737)**
**-**
**-**
**-**
**-**
**-**
**(7,972)**
**-**
**-**
**-**
**3,605**
**-**
**-**
**2,217**
**-**
**-**
**(8,887)**
**-**|**Balance at**
**31 March**
**2024**
**£**
**62,981**
**195,890**|
|---|---|---|---|---|
|||||**258,871**|
||||||
|||||**7,812,426**|
|||||**3,231**
**117,707**
**-**
**50,227**
**78,255**
**-**
**451**
**1,975**
**39,425**
**131**
**(5,789)**
**-**
**-**
**565,707**
**11,085**
**-**
**17,326**
**-**
**250,000**
**(19,327)**|
|||||**1,110,405**|
||||||
|||||**9,181,702**|
42
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
The Acquisition fund represents grants and donations specifically for the purchase of the property.
The Historic England fund relates to the £7.6m awarded from DCMS to undertake urgent work to secure the building.
The Masterplan Phase 1 was awarded towards the project which will see the Camellia House redeveloped, removal of swimming pool and creating a car park. The Masterplan Phase 3a is a development phase of the southern range of the Stables including the Riding School. These have now been consolidated into one fund, the Masterplan Phase 1/3a fund. This fund is in deficit at year end due to the timing of when income has been received.
Restricted donations comprise a number of individual donations to be used for defined purposes.
The NLHF Emergency fund represents £240,900 that was granted as a means of support in response to the COVID- 19 crisis, by providing funds to cover essential costs between June and September 2020, as well as costs look towards further longer term recovery.
The Postcode Lottery fund was originally granted for the development of a community garden. Due to the COVID- 19 pandemic the Postcode Lottery allowed the funds to be derestricted, as a consequence these funds were used alongside the COVID-19 Heritage Emergency Funds to support core costs between June & September 2020.
The Culture Recovery Grant fund was awarded to provide funds to help support essential costs between November 2020 & March 2021, as well as focus on diversifying the business to encompass the outdoor offer and launch a new digital program.
The Master Cutler’s Challenge is a fundraising challenge for businesses to get involved and support charities across South Yorkshire. Our previous Chair of Trustees, Dame Julie Kenny, was the 2023 Master Cutler, and has chosen Wentworth Woodhouse Preservation Trust as the charity for the year. The Challenge ran to the end of September 2023.
The Cultural activities fund consists of a number of grant awards which have all been provided for the purpose of producing cultural activities and events that engage the wider community. It shows a deficit due to the timing of when cash has been received.
The donations for maintenance fund represent donations restricted to maintenance expenditure only.
The Levelling Up fund was awarded by the UK Government via the local authority for delivery of a part of the Southern Range of the Stables which includes new production kitchens which will provide services across the site.
The Iron Works fund was awarded to restore key iron workings on the site. These consist of the six cast iron lamp standards that are located across the East Front; the chain links that are located across the East front; and the railings on the West Front steps.
The Heritage Skills Apprentice fund was awarded to provide a three year funded heritage skills apprenticeship position.
Access Wentworth relates to money raised to improve accessibility to the site. This includes money raised specifically for the installation of a lift to take passengers to all floors of the house.
Driving Forward represents funding received to support the Head of Heritage and Head of Culture posts.
43
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
Exhibition preparation and delivery relates to funds received to enable us to showcase a mixture of historic and contemporary art.
The Perception Busters project involves our 2025 Children’s Capital of Culture young trainees working together to create four films that bust myths about the heritage sector, to be screened at a Film Festival and Premiere in November 2025. The project also includes the development of Wentworth Woodhouse's first digital strategy, an integral next step in delivery of our Culture Strategy.
Transfers from restricted funds to endowment funds represent heritage asset additions and transfers between restricted funds relate to reallocated costs.
## **23. Summary of funds**
## **Summary of funds – current year**
|**Balance**
**at 1 April**
**2024**
**£**
General funds
**258,871**
Endowment funds
**7,812,426**
Restricted funds
**1,110,405**
**9,181,702**
**mmary of funds – prior year**
**Balance at 1**
**April 2023**
**£**
General funds
**531,128**
Endowment funds
**7,782,426**
Restricted funds
**885,516**
**9,199,070**|**Income**
**£**
**3,200,340**
**-**
**3,931,376**
**7,131,715**
**Income**
**£**
**2,316,573**
**-**
**4,925,766**
**7,242,339**||**Expenditure**
**£**
**(3,185,207)**
**-**
**(4,304,294)**
**(7,489,501)**
**Expenditure**
**£**
**(2,567,717)**
**-**
**(4,691,990)**
**(7,259,707)**||**Transfers**
**in/out**
**£**
**(30,000)**
**30,000**
**-**
**-**
**Transfers**
**in/out**
**£**
**(21,113)**
**30,000**
**(8,887)**||**Balance at**
**31 March**
**2025**
**£**
**244,044**
**7,842,426**
**737,487**
**8,823,916**
**Balance at**
**31 March**
**2024**
**£**
**258,871**
**7,812,426**
**1,110,405**|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||||
||||||**-**||**9,181,702**|
**Summary of funds – prior year**
44
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **24. Analysis of net assets between funds**
**Analysis of net assets between funds – current year**
|**Tangible fixed assets**
**Heritage assets**
**Current assets**
**Creditors due within one year**
**Creditors due in more than one**
**year**
**Total**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**2025**
**2025**
**2025**
**2025**
**£**
**£**
**£**
**£**
70,096
52,653
-
**122,749**
-
-
7,842,426
**7,842,426**
499,081
903,086
-
**1,402,167**
(321,840)
(218,253)
-
**(540,093)**
(3,333)
-
-
**(3,333)**
**244,044**
**737,486**
**7,842,426**
**8,823,916**|
|---|---|
**Analysis of net assets between funds – prior year**
|**Tangible fxed assets**
**Heritage assets**
**Current assets**
**Creditors due within one year**
**Creditors due in more than one**
**year**
**Total**|**Unrestricted**
**funds**
**2024**
**£**
101,632
-
607,384
(436,812)
(13,333)
**258,871**|**Restricted**
**funds**
**2024**
**£**
54,604
-
1,831,674
(775,873)
-
**1,110,405**|**Endowment**
**funds**
**2024**
**£**
-
7,842,426
-
(30,000)
-
**7,812,426**|**Total funds**
**2024**
**£**
**156,236**
**7,842,426**
**2,439,058**
**(1,242,685)**
**(13,333)**|
|---|---|---|---|---|
|||||**9,181,702**|
45
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
## **WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
**25. Reconciliation of net movement in funds to net cash flow from operating activities**
|**Net income/(expenditure) for the year (as per Statement of Financial**
**Activities)**
**_Adjustments for:_**
Depreciation charges
Bank interest
Increase / decrease in stocks
Decrease/(increase) in debtors
Increase / (decrease) in creditors
(Profit) on disposal of fixed assets
**_Net cash provided by / used in operating activities_**
**26.**
**Analysis of cash and cash equivalents**
Cash held on deposit (shown as current asset investments)
Cash at bank
Cash in hand
**_Total cash and cash equivalents_**
**27.**
**Analysis of changes in net debt**
**At 1 April**
**2024**
**£**
Cash at bank and in hand
**1,573,395**
Debt due within 1 year
**(10,000)**
Debt due after 1 year
**(13,333)**
**1,550,062**|**Group**
**2025**
**£**
**(357,786)**
**55,899**
**16,852**
**11,036**
**553,379**
**(706,296)**
**-**
**(426,916)**
**Group**
**2025**
**£**
**-**
**1,092,417**
**8,502**
**1,100,919**
**Cash**
**flows**
**£**
**(472,476)**
**0**
**10,000**
**(462,476)**||**Group**
2024
£
(17,368)
67,875
(7,552)
(25,051)
49,493
237,992
(4,093)|
|---|---|---|---|
||||301,296|
||||Group
2024
£
235,279
1,329,165
8,951|
||||1,573,395|
||||**At 31**
**March**
**2025**
**£**
**1,100,919**
**(10,000)**
**(3,333)**
**1,087,586**|
|||||
46
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980
**WENTWORTH WOODHOUSE PRESERVATION TRUST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
_FOR THE YEAR ENDED 31 MARCH 2025_
## **28. Pension commitments**
## **Defined contribution pension plan**
The charity operates a defined contribution pension plan for its employees. The amount recognized as an expense in the period was £41,194 (2024: £36,064).
## 29. **Related party transactions**
The charitable company owns 100% of its subsidiary Wentworth Woodhouse Trading Limited. Net recharges for the year to the subsidiary, including both direct and shared costs, totalled £1,164,276 (2024: £901,078). At the year-end amounts totalling £146,782 (2024: £197,245 creditors) are included in creditors due within one year.
No remuneration has been paid to any trustee (2024: £nil). Expenses of nil (2024: £nil) were reimbursed to nil trustees (2024: nil trustees) for legitimate business expenditure incurred in respect of attendance at meetings during the period in connection with the running of the Trust's affairs. Expenses of £186 were paid on behalf of trustees in relation to travel costs. Expense claims are disclosed to and are approved by the Board of Trustees at its regular meetings
Indemnity insurance has been purchased from funds to:
* Protect the Trustees from loss arising from the neglect or defaults of its Members or employees: and * Indemnify Trustees from the consequences of any neglect or default on their part. The cost incurred during the year was £685 (2024: £591)
Donations from Trustees totalled £1,360 (2024: £500). A donation of £8,000 (2024: £Nil) was received from Leche Trust where Matthew Hirst also serves as a trustee.
During the year, the CEO, trustees and members of their immediate families purchased event tickets and room hire services from the charity totalling £12,114 inc VAT (2024: £7,765). This includes attendance at our annual fundraising ball. All such transactions were made on normal commercial terms available to the general public. No preferential terms were given, and no trustee or related party received any benefit other than as participants in these events.
47
Document ID: 433af03696ebcf3ca9e75a9af0790a0f56ea489fc983035a814b2b5d7a7d8980