REGISTERED CHARITY NUMBER-. 1165392 Re rt of the Trustees and Financial Statements for the Year Ended 31st Ju 2025 The John Burns Foundation Ashmole & Co 3 Market Street Llandeilo Carmarthenshire SA19 6AH
The John Burns Foundatlon Contents of the Financial Statements for the Year Ended 31st Jul 2025 Report of the Tee5 Report of the Independent Au<frtors 10 to 13 ststement of Financial Activities 14 Balance Sheet Cash Flow Statement 16 Notes to the Cash Flow Statement 17 Notes to the financial Statements 18 to 32 Detailed Statement of Financial Artivities 33 to 35
The John Burns Foundation ort of the Trustees for the Year Ended 31st Ju 2025 The trustees present their report with the financial ststements of the charity for the year ended 31st July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities- Statement of Recommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. The John Burns Foundation is a Charitable Incorwrated Organisation ICIO} established in February 2016 and exists as 3 CIO to make a difference to the Ir¥e5 of people and companion animals across the UK. The harity delwers resources. skills and practical life improvement projects as well as finarbcial donations, particularly where the countryside, horticulture. education and where positNe animal assisted therapies are involved. The charity continues to develop exciting innovative projects and meaningFul partnerships with social hange and welfrdre organisations to rneet our charitable objects by offering practical, recreational and educational services to help people to gain confidence and learn lrfe and work skills, whilst tacklirhg social 1501ation. OBJECTIVES AND ACTIVITIES Objectives and aims Our charitable purposes and objects are to: The Chzritable objects for The john Burns Foundation are: For the public benefit to promote the education of people in such ways as the charity trustees think frt. including by training or retraining particularly amongst unemployed people in famiing, horticulture and woodland related countryside skills", To promote social inclusion for the public benefit by preventing peOe from becoming socially excluded relieviYE the needs of those people who are socially excluded and assisting them to integrate into society. (for the purpose of this clause 'srKially excluded, means being excluded from society, or parts of society, as a result of one or more of the following fartors= unemployment,- youth or old age- ill health (physical or mentall; disability.. poor education31 or skills attainment) For t benefit of the public to relieve the suffering of animals in need of care and attention in particular by providing financial or other support for animal welfare organisations to enable them to further charitable purposes - Such general charitsble purposes as the trustees may time to time detemiine. Page I
The J¢)hn Burns Foundation Re rt of the Trustees for the Year Ended 31st Ju 2025 OBJECTIVES AND ACTIVITIES Significant athivities The three main umbrella programmes that meet the objects of the John Bums Foundation are: Burns by Your Side. The Burns Better Tomorrow Programme. Burns in the Community. Addltional services and events have been developed outside of the main three programmes. Duriw the Inancial year the Foundation worked with 43 different organisations to deliver servi5 and interventions to further the objective5 of the charity- Amorest these were- A wam space- a multi-use spate to use for tse who struggle to heat their homes Tai Chl Classes for wellbeing Bum5 by Your Side Dog Training accredlted by Animal Assisted Intervention International. The Community Bus Service- callaboration with Dolen Teifi. Chair Exercise for people with limited mobllFty. Baby Massage - in collaboration with TWF Welsh Govemment Welsh Language Promotion. Community drop-in session5 With Ftyfed Povrys Police Fa115 preventlon workshops with Actif Sir Gar Footcare and Chiropody (affordable) with private promder Angor activitie5 in collaboration wfch Angor a registered charity supporting those with life limiting illnesses. Public benefit Trustees have regard to the Charity Commission's guidan on public benefit. People The team is managed by our Interim Chief Executive ofFir Sarah-jayne Davies, who jolned the organisation in January 2022. She stepped into the role following the departure of the previous CEO in November 2025, Melanie Jones. She is supported by Projert Managers. Chris Cray for The Better Tomorrow Programme and Burns in the Communtty Programme. Abigail Steanson for the Burns by Your Side programme and 3150 temporarily supporting the ann of the charity that generates income to support our charitable activity and Cheryl Vickery Finan Manager. We have a total staff of 12 indimduals. Page 2
The John Burns Foundation Re ort of the Trustees for the Year Ended 31st Ju 2025 ACHIEVEMENTS AND PERFORMANCE Achlevements and Performance Burns By Your Side Scheme Our reading-te-dog outreach programme currently includes 69 artive volunteer and canine teams. working across more than 75 settings throu8hoLrt Southwest Wales. Each year, we continue to Sho re vital dog safety messages with thousands of children through our meet-and-greet assemblies, which introduce schools to their dedicated team. We have presented our work to an intemational forum of peers within Animal Assisted Services International and remain committed to continually reviewing and enhancing our training framework and ethos. This ensures our practice remains current. evidence-based. and strongly informed by ongoing Continuing Professional Development ICPDI. We have exparbded our involvement in the Crucial Crew programme and [W deliver Dog Safety talks to nearly 3,OIX) Year 6 pupils annually. In addition, we have developed a volunteer education and enrichment programme designed to broaden the knowledge and 5ki11s of our exceptional volunteer5. The programme addresses real-world issues and scenarios they may encounter in their roles and is delivered through a combination of in-house sessions and specialist input from external experts. Alongside this, we continue to review the costs of delivering the projec( develop sustainable incomtrgeneration opportunities. and artively secure grant funding to ensure the programme's long-term viability and Browth. Over311, our programme continues to demonstrate meaningFul impart, strengthening both human-canine relationships and wider community wellbeing across Southwest Wales. BBYS now operates in over 75 schools and educational settings across Southwest Wale& Neady 3,CY)O Year 6 pupils receive our Dog Safety t31k5 every year. We are 5UPPOrted by 69 active volunteer and canine teams. Each year, we deliver around 10,500 ontrto-one reading sessions. Through our meet-and-greet assemblies, more than 21,IXKI hildren have learnt how to Safely and respectfully interatt with dogs Burns Better Tomorrow Pmgramme Our BetterTomorrow programme is thriving wtth additional group activity being undertakerb ifb our gardens as well as at our Flagship Canolfan John Burns Centre building. Particular achievements have been the engagement with the Hywel Dda Occijpational Therapists on our Nexl Steps projett. OUT Growirbg Together project with Mencap to encourage volunteering amongst their seNice users. Our programme artivity is centred around The CLASH project (Community led action for sustainable horticulture), which was established in May 2023. following the confirmation of funding from the Dormant Assets Sustainable Steps Wales National Lottery funding. We identified that within our commurbity many people struggle to see how they can be engaged in artion to help tsckle the climate emergency on their limited budgets. There are pockets of the community that are in top IO% of the Welsh Index of multip Deprivation. The participants in this projert are artively responsible for the production food stuffs, such as fruit and veget3ble5 which will be distributed amongst tts members or donated to other local initiatNes. There is a focus on organiclno diglrestoration approaches that can be demonstrated to produce carbon neutrallnegative results. Our Key activities are to: Develop and sha re "Ereen economy ski115' With a large number and range of local pÈople, as well as partnering enterprise with other local businesses and OrniSatiOns. Produce a diverse range of "climate friendly" foods with members, promoting the association betwee healthy diets Ifresh fruivvegetsble etcl and environmerbtslly sound behaviour. - Create lasting climate fviendly production. consumption and disposal behaviours. Page 3
The John Burns Fwndatton Re ort of the Trustees for the Year Ended 31st Ju 2025 Our Project Concept 15 built upon a model called the "BEHAVIOUR CHANGE WHEEL. This model seeks to empower individuals, creating lasting behaviour changes by facilitating them to develop new capabilities, opportunities and rnotivations. - 308 beneficiaries have been recruited to the projecL 234 have been participating for < 6 months. - The total hours contributed on site have en 33.518 for the project - 46 wdrieties of fruit arbd vegetable planted and haThested. - 1,026.48 kg of produce thi5 growing season. 3.660.32 kg of totsl produce. 43 recipes produced by the beneficiaries on site. Recipes are focussed around seasonal produce picked from the gardensthat day. 175 projert beneficiaries were from the bottom 2 quintiles of vmD. - 6 months participation showing habtt forming behaviour change in 120 of participants. Food For Thought The food for thought project has become an integral part of the CLASH project. It completes the cycle of growin& nurturing and preparing healthy meals wfch produce from the garden. Participants learn aly)ut why cooking from Scratch using healthy seasonal prodLrce provides huge heatth and financial benefits. The focus is to develop kitchen skills and to ensure that participants build confidence in order to transfer these skills to the home and eat healthily. 8urn5 in the Community Burns in the Communty is our way of enriching the lives of people who live in our community. The project provides support for individuals who have the FN)tential to become socÈally excluded. We work with local community groups and a whole host of soual organisations. Our fantastic headquarters set in 20 acres of land has been designed specifically to give us the Spa to develop and expand our charitable objectives. thereby maximising our work within our communrty- We continue to deliver and work with partner organisations to bring services into the community such a5 parent and baby groups. socialisation group5 for the elderly and local clubs such as the Scouts. Community Bu5 and Electric Car Service To meet our charitable objerts around social IlatiOn and tackle this challenge head on we provide a local community trdnsport service to enable indNiduals to attend the regular programme of artivtties provided for targeted groups in the area. We can provide transport to these actiwties by utilising our fully adapted minibu5. We have a 18 seater fulty adapted bu5 Wtth tail lift as well as an elettric M PV in association with Dolen Teifi. Acr05S the reporting period. our transport provision delivered 373 journeys, covered over 7.700 miles, and 5UPPOrted an estimated 2,541 passenger Journ5. enabling access to health. wellbein& education, and community activities for individuals and groups atross the county. Page 4
The John Burns Foundation rt of the Trustees for the Year Ended 31st Jd 2025 FINANCIAL REVIEW Financial posltion Total closing funds as at 31 July 2025 were £3.521,15512024- £3.305.9381. During the year. the charity has generated a net income of £215,217 12024- £1.615,292}. The level of donation5 records a substantial decline. Thts decline was anticipated as the donation reiVed from Mr John Burns in 2024 was known to be noFprecurring. Burns Pet Nutrition Ltd have committed to supporting the charity with an annual donatiorh of £4CKJ,000 JNtil December 2028. The potential tessation of the annual 5UPPOrt from Burns Pet Nutrition Ltd in December 2028 wil I have 3 gnIfICant impact upon our future net income position. In the meantiTne. the tSteeS will be closely monitoring the chariVs trading activities and pursuing new sources of charity funding to ensure the sustainability of our charitable artrvities. Fundraising activity Whilst fundraising activity is not a key income gerkeration activity for tFE Foundation. any actual fur5 generated is always welcome and provides valuable support for our charitable activities. Investment policy and objectives The foundation holds investments for the purpose of generating income to support charitsble artivities. The investment in woodland has performed during the year with a net return of almost £170,000. It 15 however appreciated that woodland is a long-term investment with returns expected to wary significantly from year to year. Professional woodland managers are engaged to advise upon our woodland investment strategy. The glamping pod artivity has gerterated a surplus during the year and a review of that activity is being corbducted to ensure that future returns are maximised. The Foundation will seek to obtain the best income returns on its c3Pital reserve5 to partially fund its ongoing opeTrtions. The tnjstees have a low appetite to risk and therefore investment5 will only be made in low to medium Tlsk products and in all cases. care is exercised so that our capital is secured and protected. Post year end, the charity has secured investment construction of a leased Tesco Express building in Tumble, Carmarthenshire. The r3te of return is IO% and for a short tem recovery of 18 months. ReseNes policy In the longer term, the trustees will aim to maintain free reseNe5 at a level which equates to approximately six months of charitable expenditure. It is considered that this level will provide sufficient funds to respond to the commrtmerbt5 made to our beneficiary groups and ensure that support and governance costs are covered. Free reserves as at the balance sheet date amounted to £808,953 12024- £623,862), whith comprise the charitable assets that may freely and quickly converted into cash. Thi5 does not indude the woodland nor the investment portfolio which are viewed by the trustees as a long-term investment for the future development of charitsble activities. The trustees are mindful of the need to diversify tts sources of fundinE through alternative grant funding, donations and trading activity and therefore feel that the ojrrent level of free reserves is appropriate, at present, to erbable its attivities to continue until 31ternatNe funding is secured. The current level of re5etves is in excess of our reserve5 policyi but the trustees consider it prudent to maintain this position irb the short term. This policy will be regularly reviewed. Page S
The John Bwns Foundation rt of the Trtee5 for the Year Ended 315t Ju 2025 FINANCIALREVIEW Going concern We have highlighted the potential financial impatt of the experted future reduction in donation5 above. The charitys current level of reserves allows time to secure aernative funding and a review of trading artivity performance irn order to secure the sustainability of our charitable attivities. The tnjstees are satisfied that it Is appropriate to present these accounts on a going cOnrn basis FUTURE PLANS Key Airns of our work in 202512026- l. To grow our commeraal activity by continuing to rerrt out Spa in our buildin8 on a sessional basis and our Glamping site. 2. To grow our volunteer base to increase our capacity (number5 of people and the wealth of expertise). 3. To further develop fundraising channels including grant funding applications and commercial activity. 4. To maximi5e the potential for PR and marketing. 5. To evaluate and illustrate how our work is imparting on the communities we are working with. 6. Smarter workirbg. communications. operational models and govemance. 7. Prowjsed capitsl projects - the John Bijrns Legacy. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing d4xument The charity is controlled by its governing document and a deed of trust. The Foundation was registered in February 2016 and was amended as a Charitable Incorporated Organisation in February 2020. Recruiknent and appolntment of nèw tru5tee5 In line with best prartice and the Charity Governance Code. the board continuously seeks to enhance the diversity of its skill set. Trustees are subject to a rigorous interview. probationary period. checks and irbductior) to support them in becoming effective wnernbers of the board. workirbg in the best interests of the Charity. Trustees play an engaged role. volunteering their time and support freely, contributing the benefitof their professional expertise and experience and collaborating to protett and develop the Charity a heavily regulated environment. Trustees are eligible for election to a maximum of six years tenure. All new trustees of the charity undertake a formal induction to the charity's operation and artivities, along with receiving a job description and a copy of the board's code of good governance. Management and governan Day to day management is delegated to Chief Executive. Trustees meet quarterly to monitor performance arbd to make strategic decisions. Key management remuneration The trustees consider the Board of Trustees, together with the senior management team, to comprise the key management personnel of the charity in charge of direrting and controlling the charity and running and operating the charity on a day-ttrday basis. All trustees give their time freely and no trustee remuneration was paid during the year. Details of trustee expenses ?nd related party transattions are disclosed in the notes to the accounts. The pay of senior staff is reviewed annually and normally benchmarked against comparable role5 Within the charitable sector and organisations of similar ze to ensure that remunerdtior) levels remain reasonable and not out of line with the sector. The remuneration and terms and conditions of employment of senior staff are reviewed and approved by the tnjstees. Page 6
Thejohn Burns Foundation Re rt of the Trustees for the Year Ered 31st Jul 2025 STRUCTURE. GoRNANcE AND MANAGEMEKr Risk management risk register has been developed to ensure that risk management is a core part of our operating procedures. It Is regularly reviewed by the mana8ement of the foundation. Risk management is inherent in 311 the Charity's activities and key risks broadly cover volunteer management, safeguarding of vulnerable groups, data protection. finance governance arml compliance. health and safety and information technology. One of the key risks identified in the period was the protertion of personalty identifiable data, recognising the risk of non-compliance with GDPR. This was managed by implementing targeted policies and procedures and stsff training. Truste are satisfied that risks identified are rigorously controlled and regularly monitored through internal and external sources and that they are properly mitigated and managed to ensure the Charity remains compliant and meets the highest standards of care for client groups and the general public. The trustees will review this document regularly- REFERENCE AND ADMINISTrATIVE DETAILS Registered Charity number 1165392 Principal addre55 Canolfan John Burn5 Centre Parc House Carmarthen Road Kidwelly Carmarthenshire SA17 SAB Trustees R J Mathia5 D D Harries J Bums Mrs Y Bruton-miller (appointed 18.9.251 R A R Morely-jones (appointed 9.9.251 Auditors Ashmole & Co 3 Market Street Llandeilo Carmarthenshire SA19 6AH Page 7
The J(thD Burns F•Jundation Re rt of the Trustees for the Year ErHled 3151 J 2025 REFERENCE AND AOMINISTRATIVE DETAILS Banker5 Handelsbanken 14 Axis Court Mallard Way Swansea Vale Uansamlet Swansea SA7 OAJ Solicitor5 DJM Law 16 Axi5 Court Mallard Way Swansea Vale Llansarnlet Swansea SA70 EVENTS SINCE THE END OF THE YEAR Information relating to events since the end of year is Ven in the notes to the financial statemertts. STATEMÉNT OF TRUSTEES, RESPONSIBILITIES The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accour)ting Standards Iunited Kingdom Generally Acceptsd Accounting Practice). Charity law requires the trustees to prepare finanaal statements for each financial year. Under that law, the trustees have elected to prepare the financial statement5 in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. Under charity law the trustees must not aptjrove the finaTbual statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources. including the income and expenditure, of the charity for that period. In preparing those financial statements. the trustees are required to selert Sultable accounting Fx)licies and then apply them consistentl observe the methods and prinaples in the Charities SORP: make judgements and estimates that are reasonable and prudent- state whether applicable accounting 5tandard5 have been followed. subject to any material departures di5dosed and explained in the fi"nanci31 statements". prepare the financial statements on the going concern basis unless it Is inappropriate to presume that the tharity will continue in business. The trustees are responsible for keeping proper accounting records which disc105e with reasonable accuracy at any time the financial position of the charity and to en3e them to ensure that the financi31 statements comply with the Charities Att 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also re5Fnsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 8
of theTntstee5 fortheyear Ended 31stJul 2 Approved by order of the board of trustee5 on .. ......- . signed on its beha by: J Burns- Trustee Page 9
Re rt of the Inde endent Auditors to the Trustee5 of The John Burns Foundation Opinion We have audtted the financial statements of The John Burns Foundation Ithe 'charity'l for the year ended 315t July 2025 which comprise the Statement of Financial Activities, the Balance Sheet. the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and Urbited Kingdom Accounti[ Standards (United Kingdom Generally Accepted Accounting Pr3Cticel- In our opirbion the financial statements- give a true and fair view of the state of the charity's affairs as at 31st July 2025 and of its incoming resource5 and application of resources, for the year then ended: have been properly prepared in accordance with United Kingdom Generally Accepted Accounti Practice- and have been prepared in accordance wth the requirements of the Charities Act 2011. Basls for opirmon We conducted our audit in accordance wlth International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are f¥Jrther described in the Auditors, re5pon5ibilities for the audit of the financial statements section of our report. We are independent of the harity in accordance with the ethital requirements that are relevant to our audit of the financi31 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 obtsined is suffiaent and appropriate to provide a bas15 for our opinion. Conclusions relaling to going COnrTh In auditing the financial statements. we have conduded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the worf< we have performed, we have not identified any material uncertainties relating to events or corhditions that, individually or collectively, may cast signTficant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authori5ed for iSSLte. Our responsililities and the responsibiltties of the trustees with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other inforrnation. The other infomiation comprises the information intluded in the Annual Report, other than the financial statements and our Report of the Independent Avditor5 thereon. Our opinion or) the financial statement5 does not cover the other infomation and, except to the extent otherwise explicitly stated in our report, we do not express arry form of assurance conclusion thereon. In connection with our audit of the financial ststements, our responsibility is to read the other informatio and, in doing so, consider whether the other information is materially inconsistent with the financial statement5 or our krbowledge obtained in the ad( or othe1$e appears to be materially misstated. If we identify such material incon515tencies or apparent material misstatements. we are required to deterni ine whether thi5 give5 rise to a material misstatement in the financial statement5 themselves. If. based on the work we have performed, we conclude that there is a material misstatement of this other inforniation. we are required to report that fact. We have nothing to report in this regard. Page 10
Re ort of the Inde dent Authtors to the Trustee5 Of The John Burns Foundalion Matters on which we are required to report by exception We have nothing to report in respect of the following matters where the tharities (Accounts and Reports) Regulations 2W8 requires us to report to you if, in our opinion: the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements: or sufficient accounting records have been kept- or the financial statements are not in agreement with the accounting records and retums,. or we have not received all the information and explanations we require for our audit Responsibilities of trustees As explained Fnore fully in the Statement of Trustees, Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control a5 the trustees detemine is necessary to enable the preparation of financial statements that are free from material mItatement. whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charity's ability to continue as a going concern. disc105in& as appIable. matters related to going CofKern ar)d usin8 the goirhg concem basis of accounting unless the trustees either intend to liquidate the charity or to cease operation5, or have no realistic alternative bLrt to do so. Page 11
Re rt of the Inde dent Auqfrtors lo the Trustees of The John Burns Foundation Our responstbilitie5 for the audit of thefinanclal statements We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Art and levant regulations made or hawng effect thereunder. Our Objectiv 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 3 Report of the Independent Auditors that includes our opinion. Reasonable aSsun is a high level of assurance, bLJt is not a guarantee that an aud it conducted in accordance with ISA5 IUKI will always detect a material misstatement wherb it exists. Mi5Statemerbts can arise from fraud or error and are considered material if, indiwdually or in the aggregate, they could reasonably be experted to influence the economic decisions of users taken on the basis of these financial statements. In identifying and assessing risks of material misstatement in respect of irregularities, incltjding fraud and non-compliarKe wlth laws and regulations. we considered the followin& nature of the charity and the sector in which it operate5. the legal and regulatory framework in which the charity operates. and in particular those laws and regulation5 that directly affert the financial statements or have a fundamental effect on operations eg Charities Act 2011, health and safety legislation. results of enquirtes of management and those charged with governance any matters identified relating to the charity's policies and proceéures for identifying, evaluating and complying with law5 and regulations. and whether there were any known instances of non compliance. detecting and responding to the risk5 of fraud and whether theie is any knowledge of actual, suspetted or alleged fraud. the internal controls established to mrtigate risks of fraud or non compliance with laws and regulations. As a result of these procedures. we consider the most significant laws and regulations that have a direct irnpatt on the finoncial statements are SORP FRS 102. We performed audit procedures to detett non-compliance which may have a material impact on the financial statements which included reviewing financial Statement disclosures. The audit engagement team identified the risk of management override of controls as an area where the financial statements were most susceptible to material mi55t3tement due to fraud. Audit procedures performed included but were not limited to evaluating the business rationale in relation to any 518nific3nt. unusual transactions and transactions entered into outside the normal course of business. In addition to the above, our procedures included- reviewing the financial statement disclosure5 and testing to supporting documentation to asses5 compliance with relevant laws and regulations enquires of m3nagement and those charged wf(h governance concerning artual and potential litigatio and claims performing analytical procedures to identify any unusual or unexperted relationships that may indicate risks of material misstatement due to fraud review of minutes of committee meetings written representations A further description of our responsibilitie5 for the audit of the financial statements 15 located orb the Financial Reporting Council's website at www.froorg.uk/auditorsre5pYfynsibilities. This description forms part of our Report of the Independent Audrcors. Page 12
Re rt of the Inde Trdent Authtors to the Trustees of The John Burns Foundation Use of our report This report is made solely to charitvs tnjstees, as a l)ody, in accordance with Part 4 of the Charities (Accounts and Reports) Regulation5 2(KJ8. Our audit work has been undertaken so that we might stste to the charity's trustees those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsitility to anyone other than the charity and the charitvs trustees as a body, for our audit work. for this report, or for the opinions we have formed. Ashmole & Co 3 Market Street Uandeilo cararthenshlre SA19 6AH Date.. Page 13
Thejohn Burns Foundation Statement of financial Acllvltles for the Year Ended 31st Jul 2025 31.7.25 Total funds 31.7.24 Total funds Unrestritted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 482.706 482,706 2,025,219 Charltable activities General charitable attivites BetterTomorrow Burns In The CommunwÈy 24,610 97,030 10,000 95.554 95,554 Other trading attivities Investrnent income Other income 109,812 339.890 2,270 109,812 339,890 2,270 103,236 136.047 780 Total 934.678 95.554 1.030,232 2,396,922 EXPENDITURE ON Raisingfunds 306.879 ,879 203.333 Charitable activitie5 General charitable artiwte5 BetterTomorrow Burns In The Community Burn5 By Your Side 102,898 129,500 72.496 107,688 70.000 25.554 172,898 155,054 72,496 107,688 167,216 144,730 81,379 184,972 Total 719,461 95.554 8,015 781,630 NET INCOME 215.217 215,217 1.615.292 REcolLATIoN OF FUNDS Totsl funds brought forward 3.305.938 3.305,938 1,690,646 TOTAL FUNDS CARRIED FORWARD 3.521.155 3,521,155 3,305.938 The notes form part of these financial statements Page 14
tju 31.7.25 Total fijnds 31.7.24 Total funds Unrestricted Restrirted nd nds Notes FIXED ASSETS Tangible assets In¥e5tments Investments Investment property 313.715 313.775 332.586 13 1.062.886 14 1340.643 1.062886 1340,643 1.023.138 1334,693 2.717304 2,717.304 1690,417 CURREwf ASSETS Debtors Cash at bank and In hand 47 802.669 47.840 802.669 119.953 603.637 850509 850509 723.590 CREDITORS Amourts falling due withtn one year 16 141.5561 141,5561 199,7281 NET CURREMfASSET5 808,953 808.953 623.862 TOTALASSETS LESS CURRENT LIABILMES 3526257 3526.257 3,314279 REDITORS Amount5 falling tlue after more than one year 17 {5.102) 15,1021 18,341) NEfA55Ers 3.521.155 3.521.155 3,305.938 FUNDS Unrèstrtrted funds 3521,155 3,305,938 TOTAL FUND5 3,521.155 3305.938 The fi ancial statements were approved by the Hoard of Tntee$ and authori5ed for sue on and were gned on tts beh31fby. l Burns- Trustee The notes forni part ofthese flnanaal 5tstements Page 15
The John Burns Foundation Cash Flow Statement for the Year Ended 315t J 2025 31.7.25 31.7.24 Notes Cash Ilows from cyerating activities Cash generated from oPetIOnS Interest paid 211,320 18291 1,599,795 1,066} Net cash provided by operating actiMtie5 210,491 1,598,729 Cash flows from investing activlties Purchase of tarbgible fixed assets Purchase of fixed asset investments Purchase of investment property Interest received 12.925} (39,748} 15.950} 40.145 1253,1941 11,023,1381 1136,5881 24.072 Net cash used in investing activities 18.478} 11,388,848) Cash flows from finandn£ activities Capital repayments in year 12,9811 12,7461 Net cash used in financing artivities 12,9811 12,7461 Change in cash and cash equivalents in the reportinE period Cash and cash equfvalents at the beginning of the reporting period 199.032 207,135 603,637 396.502 Cash and cash equivalents at the end ofthe repOrtg period 2.669 603.637 The notes form part of these financial ststements Page 16
The John Bwns Foundation Notes to the Cash Flow Statement for the Year Ended 31st J(d 2025 RECONCIUATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.7.25 31.7.24 Net Incorne for the reporting period las per the Ststement of Financial Artivitie51 Adjustments for-. Depreciation charges Loss on disposal of fixed assets Interest received Interest paid Decrease/lincreasel in debtor5 IDecre25el/increase in creditors 215,217 1,615,292 21.734 21.951 403 (24.072) 1,066 186.949) 72.104 {40.1451 829 72.115 158,4301 Net cash provided by operation5 211,320 1,599,795 ANALYS15 OF CHANGES IN NET FUNDS At 1.8.24 Cash flow At 31.7.25 Net cash Cash at bank and in hand 603,637 199,032 802.669 13,637 199,032 802.669 Debt Finance leases {11.3231 2,981 18,3421 111,3231 2,981 18,3421 Totsl 592.314 202,013 794,327 The notes form part of these financial ststements Page 17
The John Burns Foundatlon Note5 to the Finarbcial Statements for the Year Ended 31st Ju 2025 ACCOUNTING pouaES Basi5 of preparing the financial statements The finarkcial statemerbts of the charity. which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP (Ffs 102} 'Accounting and Reporting by Charitie5: 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 IFRS 1021 leffectwe l January 20191,. Financial Reporting Standard 102 The Financial Roporting Standard applicable in the UK and Republic of IrelarKI' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. wtth the exception of investments which are included at market value. Income Al l income is recognised in the Statement of Financial Activities On the charity has entitlement to the fund5. it is probable that the income will be received and the amount can be measured reliably. Income from government and other grants, whether 'capitsl' grants or 'revenue' grants. are recognised when the charity has entitlement to the funds. any performance conditions attaEhed to the grants have been met. it is probable that the income will received and the amount can be measured reliably and is not deferred. Expen(fiture abilities are recognised as expenditure as soon as there 15 a legal or tonstrurtive obligation committing the charity to that expenditure, 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 accou nted for on an accruals basis and has been dassified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have een allocatel to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property Plant and machinery Fixtures and fittings Motor vehicles Computer equipment 2% on cost 20% on ttjrt IO% on cost 20% on reducing balance 33% on cost Investment property Investment property includes woodland previously donated by Burns Pet Nutrition Ltd. It is included in investment property as the land will be used to harvest wood which will later be sold. Investment property also includes holiday atcommodation (glamping rx)dsl and Aruba Lodge. All proceeds from investment income is applied for charitable purposes. Investment properties are initially measured at cost and subsequendy revalued to fair value at each reporting date with any changes in fair value being recognised in the Statement of Financial Activities. Fair value as at the year er)d has been determined by the trustee5 by referring to similar properties on the open market as well as specific conditions affetting the assets owned by the charity. Page 18 continued...
The John Burns Foundatknn Notes to the Financtal Statements- continued for the Year Ended 31st Jul 2025 ACCOUNTING POUCIES- continued Taxation The charity is exempt from tax on tts charitsble activtties. Fund accounting Un restricted funds can be used in atcordance with the tharitable objectNe5 at the discretion of the trustee5. Restricted funds can only be used for particular restricted purposes within the objects of the charitv. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is induded in the notes to the financial statements. Hire purchase and leasing commitments The interest element ot these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments IS treated as a liability. Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. PenOn costs and other post-retirement beneffts The charity operates a defined contribution pension scheme. Contribution5 payable to the charity's penon scheme are charged to the Statement of Financial Activities in the period to which they relate. legal Ststus of the Charity The Chartty is a Charitable Incorporated Organisation. Investments Investments are stated at mzrket value at the balance sheet date. Debtors Trade and other debtors are recognised at the settlement amount due. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or le55 from the date of acquisition or opening of the deposit or similar account. Cre(fitors and provisions Creditors and provisions are recognised where the tharity has a present obligation resulting fro a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are norma Ily recognised at their settlement amount after allowing for any trade discounts due. Page 19 continued...
The John Burns Foundation Noles to the Financial Statements- tontinued forthe Year Ended 31st Ju 2025 ACCOUNTING POUCIES- continued The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic finanaal instruments a initially recognised at transaction value and subsequently measured at their settlement value wtth the exception of bank loans which 3re 5ub5equently measured at amortised cost using the effettive interest method. Donated ser¥ices Donated services from other entities are recognised within the financial statements a5 income with the corresponding expenditure being put against the expense to which 15 relates. Going conrn The Trustees consider that there are no material uncertainties about the charity's abilty to tontinue as a going concern nor any significant areas ot uncertainty that affect the carrying value of assets held by the charity. Voluntary help The value of services provided by volunteers has not been included in the accounts. DONATIONS AND LEGACIES 31.7.25 31.7.24 Donations 482,706 2,025,219 Oonations include donated services from Burns Pet Nutrition Ltd of £NIL12024.. £6,149) and donated monies to the sum of E400.000 {2024= £321,867). donations from Mr John Burns of £73,510 12024: £1,350,0 and gift aid receipt of £337.6751. OTHER TRADING ACTIVITIES 31.7.25 31.7.24 Fundraising events Room hire Dog Park income Dog training income Refreshment 53 le5 Community activities Single farm payment 3,712 70,227 21,687 3,746 2,841 4,542 3,057 2,027 60,319 26.573 3.133 2.125 6,011 3,048 109,812 103,236 Page 20 continued...
The John Burns Foundation Notes to the Financial Ststements- continued for the Year Ended 3151 J 2025 INVESTMENT INCOME 31.7.25 31.7.24 rimber sales Glarnping pods and Holiday let Deposit account interest 247,872 51.873 40.145 84,083 27,892 24,072 339,890 136,047 INCOME FROM CHARITABLE AcnvmES 31.7.25 Better Tomorrow 31.7.24 Total activities Grants 95.554 131,640 Grants received, included in the above, are as follows: 31.7.25 31.7.24 National Lottery- Sustainable Steps National Lottery- Kitchen Carmarthenshire Counal - Poverty Fund Community Carers Fund People's Postcode Lottery Carmarthenshire County Council DFSF Capital Projert Carmarthenshire County Council Levellin8 Up 70,OCrf) 70,000 27,030 10,000 950 19,500 4.160 3,405 22.149 95,554 131.640 Page 21 continued...
The JLthn Burns Foundation Notes to the Financial Statements- continued for the Year Ended 31st J 2025 PAISING FUNDS 31.7.25 31.7.24 Staff costs Irrecoverable VAT Cost of generating investment income Cost of geneTrting trading income Cost of seeking donations. grants. fvndraising etc Depreciation Interest payable and Similar charges 92.496 2,021 136,764 61,368 7.767 6,297 166 84,7CN) 2,582 40,327 62,863 8,241 4.407 213 306,879 203,333 Cost of raising funds represents dirert costs attributable to trading and investment activities as well as a 20% allocation of other premises and administrative costs. CHARIIABLE ACTIVITIES COSTS Support cost5 (see note 81 Direct Cost5 Totals General charitable artivites Better Tomorrow Burns In The Community Burns By Your Side 158,764 155,048 T2.492 106,877 14,134 172.898 155,054 72,496 107.688 811 493,181 14,955 508.136 WPPORT cosrs Governance Costs Finance Totals General charitable activites Bette r Tomorrow Burn5 In The Community Burns By Your Side 1,506 12,628 14,134 811 811 2,327 12,628 14,955 Page 22 continued...
The John knns Foundation Notes to the Financial Statements- contirTrued for the Year Ended 31st 2025 SUPPORT COSTS - contlnued Included in govemance is £7.2Crf) for Audrtor's remuneration. Finance costs are the bank charges allocated to each tharitable activity as it is incurred. TRUSTEES, REMUNERATION AND BENEFITS One trustee, Dylan Harries received remuneration of £623 {2024: £2,0(KJl for work done on the Tnanagement accounting information for the charity. Payment in respect of these services are considered Dijtside the scope of ordinary duties as a trustee. Trustees, expenses The charity reimbursed £125 of expenses to one trustee in respect of travelling durlng the year ended 31 July 2025 12024: £240). 10. STAFF COSTS 31.7.25 31.7.24 Wages and salaries Soci31 security costs Other pension costs 346.810 23,908 32.156 371,525 27,739 31,665 402,873 430,929 The average monthly number of employees duringthe yearwas 1512024-161. No employees received emoluments in extess of £60,000 ii. COMPARATIVES FOR THE ATEMENT OF FINANCIALACTivrriES Unrestricted Restricted fund funds Total fund5 INCOME AND ENDOWMErirs FR< Donations and legacies 2.025,219 2.025.219 (haritable activities General charitable artivites Better Tomorrow Burns In The Community 20.450 4,160 97.030 10,000 24.610 97,030 10.000 Other trading activities Investrnent income Other income 103,236 136.047 103.236 136.047 780 Totsl 2.285.732 111,190 2.396,922 Page 23 continued...
The John Burns Foundation Notes to the Financial Statements- continued for the Year Ended 315t Ju 2025 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES- continued Unrestricted Restricted fund funds Total funds EXPENDITURE ON Raising funds 203.333 203,333 Charitable activities General charitable artivites Better Tomorrow Burns In The Community Burns By Your Side 66.026 144,730 71.379 184.972 101.190 167,216 144,730 81,379 184,972 io.(KK) Totsl 670,440 111.190 781,630 NET INCOME 1.615.292 1.615,292 RECONCILIATION OF FUNDS Tot31 funds brought forward 1.690.646 1.690.646 TOTAL FUNDS CARRIED FORWARD 3.305.938 3,305,938 TANGIBLE FIXED ASSErs Fixtures and fittings Freehold property Plant and machinery cosr At 1st August 2024 Ad(lition5 250,0 593 34,SOS 92,471 At 31stJuly 2025 250.593 34,505 92,471 DEPRECIATION At 1st August 2024 Charge for year 5.C()O 5.012 21.905 5,505 22.894 9,247 At 31stJuly 2025 10,0 27,410 32,141 NET8OOKVALUE At 31stJuly 2025 240.581 7,095 60,330 At 31stJuly 2024 245,000 12,600 69.577 Page 24 continued...
The John Burns Foundation Note5 to the Financial Statements- continued for the Year Ended 31st Jul 2025 Iz. TANGIBLE FIXED ASSET5- continued Motor vehicles Computer equipment Totsls COST At t August 2024 Additions 7,861 1.761 2.332 386,598 2,925 At 31st July 2025 7,861 4.093 389,523 DEPRECIATION At 1st August 2024 Charge for year 2,829 I,LN)7 54,012 21,736 965 At 31st July 2025 3,836 2,349 75,748 NET BOOKVALUE At 31st July 2025 4.025 1,744 313,775 At 31st July 2024 5.032 377 332,58S FIXED Ass INVESTMENTS Unlisted investments MARKET VALUE At 1st August 2024 Additions 1.023,138 39,748 At 31stJuly2025 1.062,886 NETBOOKVALUE At 31stJuly2025 1,062,886 At 31stJuly 2024 1,023,138 There were no investment assets outside the UK. Page 25 contlnued...
The John Burns Foundati Notes to the Financial Statements- continued for the Year Ended 31st Jul 2025 14. INVESTMENT PROPER FAIR VALUE At 1st August 2024 Additions 1,334,693 5,950 At 31st July 2025 1,340,643 NET BOOK VALUE At 31st July 2025 1,340.643 At 31st July 2024 1,334.693 The net book value of investment property consists of woodland £1.0,000, glamping pods £231,808 and Aruba Lodge £108.836. The falr value of the investment property is as provided by the trustees. Fair value at 31st Ju]y 2025 is represented by". Valuation in 2025 1,340,643 DEBTORS: AMI)UNTS FALUNG DUE wrrHIN ONE YEAR 31.7.25 31.7.24 Trade debtors Other debt015 PrepaymerbtS 39,731 107,290 4,160 8,503 8.109 47.840 119,953 Page 26 continued...
The John Burns Foundation Notes to the Finala1 Statements- continued for the Year Ended 31st Jul 2025 16. CREDITOR5: AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.7.25 31.7.24 ire purchase (see note 181 Trade creditors TaxatioN arbd Social security Other creditors 3.240 19,426 7.877 11,013 2,982 67,050 20,426 9,270 41.556 99,728 17. CREDITORS: AMOUNTS FALUNG DUE AFTER MORE THAN ONE YEAR 31.7.25 31.7.24 Hire purchase (see note 181 5,102 8,341 18. LEASING AGREEMENTS Minimum lease payments fall due as follows- Hire purchase contrarts 31.7.25 31.7.24 Net obligations repaydble: Withirb one year Between one and five years 3,240 5,102 2.982 8.341 8,342 11.323 Non-cancellable operating leases 31.7.25 31.7.24 Within one year Betweerb one and five years 34,879 25,243 38,425 43.638 &),122 82.063 The operating lease payments in the period of £46,585 have been recognised as an expense in the Statement of Financial Attivities. Page 27 continued...
The John Burns Foundat. Notes to the Financial Statements- continued for the Year Ended 31st Jul 2025 19. MOVEMENTIN FUNDS Net movement in funds At 31.7.25 At 1.8.24 Unrestricted fvnds General fund 3,305.938 215.217 3,521,155 TOTAL FUNDS 3,305.938 215,217 3.521,155 Net movement in funds, included in the above are as follow5: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 934.678 1719.4611 215,217 Restrlcted funds National Lottery- Sustainable Steps Carniarthenshire County Council DFSF Capital Project Carmarthenshire County Council Levelling Up 70.0(KI 170.0001 3.405 13.4051 22,149 122.1491 95,554 195,5541 TOTALFUNDS 1.030,232 1815,0151 215.217 Cornparatives for movement in fvnds Net movement in funds At 31.7.24 At 1.8.23 Unrestricted fvnds General fund 1,690,646 1.615.292 3,305,938 TOTAL FUNOS L690.646 1,615,292 3.305,938 Page 28 continued...
Thejohn Burns Foundation Notes to the Financial Statements- continued for the Year Ended 31st Jul 2025 MOVEMENT IN FUNDS- continued Comparative net movement in funds. included in the above are as follows- Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 2,285.732 1670,440) 1.615,292 Restricted funds National Lottery- Kitchen National Lottery- Sustainable Steps Carmarthenshire Council - Poverty Fund Carmarthen5hire County Council DFSF Capital Project 27,030 70,OC 127.030} 170.1)001 io.o¢J] iio.lxioi 4.160 {4,1601 111,190 {111,1901 TOTALFUNDS 2,396,922 1781,6301 1.615,292 A current year 12 months and prior year 12 months combined position is as follows: Net movement in fijnds At 31.7.25 At 1.8.23 Unrestricted funds General fund 1,690.646 1,830,51Y) 3,521.155 TOTAL FUNDS 1,690,646 1,830,509 3,521,155 Page 29 continued...
The John Burns Foundation Notes to the Financial Statements- tontinued for the Year Ended 31st Jul 2025 19. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resour5 Resources expended Movement in funds Unr25tricted funds General fund 3.220.410 (1,389.9011 1.830.509 Restrided funds National Lottery- Kitchen National Lottery- Sustainable Step5 Carmarthenshire Council - Poverty Fund Carmarthenshire County Council DFSF Capital Project Carmarthenshire County Council Levelling Up 27.030 I40.0 127.0301 1140.0001 10.0 {io,0001 7.565 17,5651 22.149 {22.1491 206.744 {206.744 TOTAL FUNDS 3.427.154 11.596.645 1,830,509 National Lottery- thchen The money has been used to estsblish a new food and nutrition programme and construct a fully acce55ible Educational Food Preparation Kitchen, at Canolfan John Burns Centre, Kidwelly. The aim of the 'Food for Thought, projett is to teach people how to prepare healthy meals for themsefves and their familie5 and learn about why cooking from scratch using healthy seasonal produee provides hu8e health and financial advantages. National Lottery- Sustainable Steps The CLASH (Community led action for sustainable horticulture) Project was estrdblished in May 2023. following the confirmation of funding frorn the Dormant Assets Su5tsinable Steps Wales National Lottery funding. This 15 a £350k grant that will be paid over 5 years. The participants irb this projett are actively responsible for the production of food stuffs. such as fruit and vegetables which will be distributed amorkgst its members or donated to other local initiatives. There is a focus on organic/no dig/restoration approaches that can be demonstrated to produ carbon neutrallnegative results. Our Key artivities are to- - DevelDp ané share "green economy skills. with a large number and range of Ioc21 people. as well as partnering enterprise with other lotal bu5ine55es ad organisations. Produce a diverse range of 'climate friendfy" foods with members, promoting the association between healthy diets lfresh fruttlvegetsble etc) and enwronmentalw sound behaviour - Create lasting climate friendly proéuction. consumption and disposal behaviours Our Projett Concept Is built upon a model called the "BEHAVIOUR CHANGE WHEEL" This model seeks to empower indiwduals, creating lasting behaviour changes by facilitatirg them to develop nev4 capabilities, opportunities and motivations. Page 30 continued...
The John Burns F(wndation Notes to the Financial Statements- continued for the Year Ended 315t 2025 19. MOVEMENT IN FUNDS- Continued Camiarthenshire County Coundl - Poverty Fund The charity ran a warm space that allowed members of the public to utilize the building during opening hours. Hot drinks and use of the intemet was provided. A workshop was ran where poverty relief agencies were invited to atterKI. Carmarthenshire County Council DFSF Capital Proiert A grant for capital expenditure to strengthen local food 5UPPOrt provision. including improvernents to equipment or infrastructure. The grant received last year was for the enhancement of the air conditioning unit in the newly built Food Education room. Carniarthenshire County Council- Levelling Up A grant to create irnpactful volunteering opportunities in order to increase community centred attivity. 20. RELATED PARTY DISCLOSURES During this finar)cial year r¢0 service5 were donated from Burns Pet Nutrition Ltd to The Johrb Burns Foundation. A trustee. John Burns, previously owned Burns Pet Nutrition Ltd. In the prewous year these services were accounted for a5 income within the financial statements by way of a donation, with the corresponding expenditure being allocated to the expenses to which the donated service related. The total of these donated services in the year were £NIL12024: £6,149). In addition to this. Burns Pet Nutrition Ltd donated monies to the sum of £400.1(2024: £321,867) to The John Burns Foundation. During the year there were no sales frorn The John Burns Foundation to Burns Pet Nutrition Ltd 12024- £636}- There were no costs paid to Burn5 Pet Nutrition Ltd by The John Burns Foundation during the year 12024- £2,373). Money was reIVed in the period by The John Burns Foundation from Burns Pet Nutrition Ltd for refunds of products prevIolY bought of E3112024- £NIL}. During the year sales from The John Burns Foundation to Burns Retail and Hospitality Ltd, company run by the son of John Burns. amounted to £3.253 12024= £6381. The John Burns Foundation paid £45,375 12024.. £54.8821 to Burns Retsil and Hospitality Ltd for costs invoiced to them. At the year end. there were no outstanding balances between The John Burn5 Foundation and Burns Retail and Hospitality Ltd {2024- £6161. The charity occupies land and buildings at Briardale. Lamphey under an operating lease agreeellt with the landowner. Burns Retail and Hospttaltty Ltd. The agreement commenced on I September 2024 and runs until 31st August 2029. wtth either party able to terminate the agreement on two month5. written rbotice. The lease is granted at nil rent.. therefore, no future lease payment commitments arise. The charity rnakes the site available to third parties as a ShOrt-te holiday let. Income generated from thi5 property totalled £7.43312024- £NILI during the period. During the period, Mr John Burns. a trustee of the charity made a monetary donation of £73,510 12024: £1.35MI to The John Burn5 Foundation. Page 31 continued...
The Johr• Bwns Foundatlon Noles to the Financial Statements- continued for the Year Ended 31st J 2025 21. POST BALANCE SHEET EVENTS After the year end, the ckrity secured investment of £750,0 in construttion of a leased Tesco Express store in Tumble. Carmarthenshire.The investment is expected to realise a retLJrn of 10% within an 18 month period. This investment does not affect the financial statements for the year ending 31 July 2025 but is considered a si8nrficant P05t balance sheet rw)n-adjustiri8 event. Page 32
The John Burns Foundation Detailed Statement of Financial Activitie5 for the Year Ended 31st Jul 2025 31.7.25 31.7.24 INCOME AND ENDOWMENT5 Donations and legacies Oonations 482.706 2,025,219 Other trading artivities Fundraising events Room hire Dog Park income Dog training income Refreshment sale5 Community activities Single farrn payment 3.712 70,227 21,687 3,746 2,841 4,542 3,057 2.027 60,319 26,573 3.133 2,125 6,011 3,048 109.812 103,236 Investment income Timber sales Glamping pods and Holiday let Deposit account interest 247,872 51,873 40.145 84,083 27,892 24.072 339,890 136,047 Charitsble activitles Grants 95,554 131,640 Other income Rental income 2.270 Total Incoming resources 1,030.232 2,396,922 EXPENDITURE Raising donations and legacies Wages Social security Pensiorbs Irrecoverable VAT Cost of generating trading income Cost of generating investment income Carried forward 81,461 5,206 5,829 2,02 1 61,368 136,764 292,649 73,8S4 5.615 5,231 2,582 62,863 40.327 190,472 This page does not form part of the statutory financial statements Page 33
The John Bur Foundation Detailed statement of Financial Activilies for the Year Ended 31st Ju 2025 31.7.25 31.7.24 Raising donations and legacles Brought forward Costs of seeking donations. grants. fundraising etc Freehold property Plant and machinery Fixtures and fitting5 Motor vehicles Computer equipment Hire purchase interest 292,649 190,472 7,767 I,(N)2 I,ioi 3,800 201 193 166 8,241 I,LK)o 1,198 1,849 268 92 213 306,879 203,333 Charitable activities Wages Social security Pensions Irrecoverable VAT Insurance Telephone Postage a nd stationery Advertising Sundries Local projects Travel and subsistence Computerand software Motor expenses Clothing and log05 Consultancy and professional fees Premises costs Volunteer expenses Misce113neous purchases Subscriptions Training fees Health and safety Rent Freehold property Plant and machinery Fixtures and frtting5 Motor vehicles Computer equipment Disposal of fixed assets Carried forward 265,348 18,701 26,327 8,086 2,585 4,457 4,283 297,672 22.124 26,434 10,329 2.844 4,948 3.639 181 2,700 13,545 5,391 6.104 49,298 1,558 3,832 44,718 1,876 655 3,519 295 7,035 23.199 4.000 4,791 7,398 989 366 403 549,843 914 18,427 2,102 1.012 56,828 1,222 2,111 37,102 1.173 3,328 338 6.313 16,384 4,010 4,403 5.447 805 772 492,518 This page does not fom) part of the ststLrtory financial statements Page 34
The John Burn5 Foundation Detailed Statement of Flnandal Activities for the Year Ended 31st 2025 31.7.25 31.7.24 Charitable activities Brought forward Hire purchase interest Donations to other charities 492,518 663 549,843 853 13.371 493,181 564,067 Support costs FInae Bank tharges Foreign exchange losses 2,309 18 2,890 634 2,327 3,524 Governan¢e costs Auditors, remuneration Accountancy and legal fees 7,200 5,428 6,850 3,856 12.628 10.706 Total resources expended 815.015 781.630 Net income 215,217 1,615,292 This page does not form part of the statutory financial statements Page 35