OSPREY QUAY MANAGEMENT SERVICES COMPANY LIDAITED
(A company Ilmited by guarantee)
YEAR ENDED 31 MARCH 2025
Registared Company No 9689992
Ragistered Charlty No 1166655
OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limited by guarantee)
YEAR ENDED 31 MARCH 2025
CONTENTS
PAGE
CHAIRMANS REPORT
TRUSTEES, REPORT
INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES AND MEMBERS OF OSPREY QUAY
MANAGEMENT SERVICES COMPANY LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
12
BALANCE SHEET
13
STATEMENT OF CASH FLOWS
14
NOTES TO THE FINANCIAL STATEMENTS
15
COMPARABLES FROM PREVIOUS FINANCIAL YEAR
23

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company Ilmlted by guarantee)
YEAR ENDED 31 NIARCH 2025
CHAIRMAN'S REPORT
Ospr8y Quay Management SeNices Limited 58 a charty that Is commltted to managlng Ihe green spaoe at Osprey Quay for the
benaffit of communltie8.
Investments
Over thg period 1 $1 April 2024 to 31st March 2025 the value ofthe Inv8stments held by tha company docreased by 4.860￿ (2023124..
Increase of 9.050AI to £2.05rn (2023124: £2.15m).
A favourable incom8 ylgld on our Inv8stmants of 2.9D/o {2023124: 2.7¢A) enable8 U8 to manage our sites su8tsinably to achleve our
charltable outGomes and to fund future Improv8m8nts.
Boneflts
Ospr8y Quay Is a picturesqu8, nin&-h8ctsre open spac8 Ioc8t8d In PDrUand, Dorset, ne8tled be￿Ben the histD)iG Portland Castle and
the marfna, Thls vlbranl spaca, whlch playad a key role duting the 2012 Summgr Olympics as a sailing venue, combines natural
beauty with practtcal amenlties, including flood defen¢es, a buslngss park and a promonado leading to the renowned Chesll Baach.
116erve6 a8 a cheri8h8d greon Space forthe local Communlty, offering a serene environment by the wat8rfrDnt.
Ourmalntenanc& efforts continued to focus c)n pré88rvlng tha site's beauty and functlonalltythroughouttheyear, This included regular
grass cutting. verge trimmlng and the upk88p of ralsed beds and am8nlty trees to 8n8ur8 th8 landscape remained vibrant and
welGoming. We also carrled out regular site Gleansing wh5ch Included Ilttle coll8Ctlon, bln emplying and the prompt r8moval of any fly-
tiPP8d waste to maintain cleanliness.
Th8 ongolng malntenance. repair and replacement of infrastructure continued, ensuring that Osprey Quay continues to be a well-
malntained and enjoyable spac8 for all vlsltors. No slgnlficant work8 were und8rtak8n in 2024125, how8ver we did Identify a potential
issue with the fiood defences. Investlgatlve works have been completed wlth idantlflgd r8medlal works du8 to take place in the y8ar
ahead.
Alan Carter
Cha5rman
2 Octobèr 2025

OSPREY QUAY MANAGFMENT SERVICES COMPANY LIMITED
(A company limitod by guarantee)
YEAR ENDED 31 MARCH 2025
TRUSTEES, REPORT..
LEGAL AND ADMINISTRATIVE
STRUCTURE
Osprey Quay Management seNi￿s Compariy Limited is a charlty reglstered wllh the Charlty Commlssion In England and Wales No.
1166655, it obtained its oharitable status on 21st April 2016.
The charfty's governlng documents arg Its Articlas of Association.
Tha sole member of the company is The Land Restoratlon Trust Llmlled {The Land Trust).
The charity operates wthin the 8ame Polici8S and Procedures of The Land Trust. The Land Trust operates a Financ8 & Audlt,
Investment, Reinuneration & HR and Nomlnatlons Committea that reports to the Trustèes of that Company.
OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED DIRECTORS
Th@ Directors of th& chaiity are ils Trustees for the purpDs8 Df Company Law and Ihroughout this report are ¢ollective)ly ref'orrad to
88 th8 trusts8s. The Iwste8s who $gNed throughout the year were Alan Cartgr, Jamlo Obank and lan Bettoley.
PRINCIPAL AND REGISTERED OFFICE
7 Birchwood One
D8whurst Road
BlrchwDod
Warrlnglon WA3 7GB
PROFESSIONAI. ADVISORS
The charlties main advi80r8 are:
EXTERNAL AUDITORS
Saffery LLP
71 Queen Victoria Street
London
EC4V 4BE
SOLICITORS
The charily with Tlie Land Trust
operates a fr8rn8work agregm8nt with
various $01lcltors. Flmis ar8 taskad
from time to time acrording to thelr
expertlse.
BANKERS
Barclays PIC
1 st Floor
3 Hardman Slrget
Spinningfields
Manchester
M3 3HF
INVESTMENT MANAGERS
CCLA Invostmgnt Managem8nt Ltd
1 Ang85 Lane
London
EC4 3AB
GOVERNANCE AND MANAGEMENT
Trustee$- rècruitment and amoluments
Our trustees have been recrulted to provlde the sklllti and experienc6 requirod to govern the charily. The trustoes, who
comprise the Board of the charily, did not receive any r@muneralion from the charity during the period. Wh8n recruited,
trusl8es are inducted by attending workshops and other training arrang8d by th8 8xecLrtive. Trav811ing and sub818tence
gxpensgs Incurred by tho tnjsteos on Board buslnass amounted lo nll.
The trustses have benefited from Trustee Indemnity insurance throughout the year.
The Board
The Board usually meets four times a year, addltlonal ad hoc meeljngs of the Board ortrustees take place during the year.
Key Personn61
Tha charity has no dlr8ctly 8mployad stsff. The Irustees act es key managernent personnel and are not remunerated, any
addltional services provlded are the parent chartty and so all employee pollcles are set at Group level.

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limited by guarant6e)
YEAR ENDED 31 MARCH 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES
Hoalth and Safety
The Board consldors the health, safety and well-boing of volunteers, suppliers and visitors to our sltes as a govemanca
prlorlty.
The Board is ultlmately responsible for compllance wlth Hoalth and Safety laglslatlon. Th& day-to-ddy rgsponsibility 18
delegated to the Chief Executive and the Chief Financial Offic8r of The Land Trust. who are togethar rasponslbl@ fDr
compllance, rel@vant policy development and perft)rmance.
Durfng the course of the y8arth&ro wer8 no significant accldants or Incidents involving volunlgers, contractors, or vlsltors to
Ihe site. All 8taff have Gomplgted training sesslons outllnlng h8alth and safety re8ponslbillties of the org8nisation and tho
individual employees as expressed In the Health and Saf&ty at Work Act 1974. The chaiity has th8 Systems in place to
onsura thas& responsibilities are rnet, We Gonlinue to work closely wlth our managlng agent to develop robust and
complemontary best practlca.
Financial Roportlng
Tha trust&a8 (who are also Dlreclor8 of 08pr8y Quay Man8gemenl Servlce8 Company Limlted fortha purpos6s of Company
Law) are rasponsible for pr8paring th@ Truste8s' Annual Report and the financial statements In accordance with appllcabla
law and Unitsd Klngdom Accounting Standards (Unltad Klngdom Generally Accepted Accountlng Practice).
Company law requires the trustees to prepare flnanclal statements for aach flnanclal yearwhich givg a tnJ8 and fair viow of
the 8t8te of affairs of th& charitsble company and of the incomlng resources and appllcallon of resources, including the
incom8 and @XP8nditur8, ofthe ch8riiab1e company for that period, In preparing these flnanclal statements. tha trustegs ara
required to..
salgGt suitable accounting polici@s and then apply them consistently.,
observe the methods and princlples1n the Charities Stat8m8nt of Fiacomm8nded Pr8CtiC8 (SORP).,
make judgmants and @stlmates that are r888Dnab18 and prudent.
state wh8lh8r appllcable UK Accounting Stsndards have been followed, subject to any matarlal departures
disclosed and explaln8d in th8 financial stat@ments', and
prepare the financial statements on the golng concern basls unl8ss It Is Inappropriale to prgsume that th8 charllab18
Company will continue in business,
The trustees are respons5bla for onsurlng proper accounting r8cords ar8 kept that disclose with reasonable accuracy at any
time the financlal posltlon of the charitable company and anable them to ensur8 that thg financial Statements comply with
the Companies Acl 2006,
They arè also r&sponsible for Syafeguarding the assets of the charitable company and the group and hence for taking
raasonable steps for thg pr&venllon and datection of fraud and other irregularities,
OBJECTIVES AND ACTIVIMES
The Charfty'8 objects {Yhe Objects.) are 8P8cifically restricted fio the following.,
To promote the cons8rvation, protectlDn and Improvement of Ihe physical and natural environment anywhèra In
-Qsprey-Quay-and-insofar-as-may-be-oharitable according40-the-laws-of_England_and_Wales In_other_parts_of_tho
Unitad Klngdom.
PUBLIC BENEFIT
A charity is required to meot one or more of the pr88crlbad charitable purpose8 as Set out in the Charities Act 2011. In
planning th8 charity's acllvltles, the truslees have had regard to the Charity Commisslon's guidanc8 {RR2 - Promotion of
urt)an and Rural Regen8ralion} on public benefit.
The publlc banaflt li&s in Ihe provi85on of land for a Charitabl8 purp08e elther as a publ1¢ amenlty or in its preseTvation or
consenfatlon.

OSPREY QUAY MANAGEMENT SERVICF.s foMPANY LIMITED
(A company Ilmlted by guarantee)
YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
ACHIEVEMENTS AND PERFORMANCE
A summary of the activit1es undertaken by the charity dudng the ye<ar and its achievemonts and performance are set out in
th8 Chairman's R8POrt.
FINANCIAL REVIEW
Overvlew and Income
The principal source of Income for the charity in 2024125 w88 Inv8strnent Income. Capitsl rec@Ipts ar6 invested to gensrato
Inv8stmant Income whlch Is usfad to cover tha cost of managing Osprey Quay ft)r public benefit. The charity r8caiv&d £nil of
slte fundlng In y&ar ended 31 March 2025 (2023124., £nll).
The Gharities investmerit Income provldes Ihe ongoing revenue to fund the pharitable activities. During the year Investment
income was £0.059m {2023124'. £0,058m).
Volatility in the mark9t conditions has resulted in a fall In th@ valua of tha Investmants at thè 6nd of th8 2024125 flnanclal year
of £0.100m (2023124,. gains of£O.179ml.
Modelling of the investment income indicates Ihat the charity Should not have a gDing Goncern i88ue and further steps have
b@en laken to ensure this is the case.
othertrading activitl6s income forthe year 6ndlng 31st March 202b Is £1,070 {2023124: £300),
Expenditure
Total gXP8nditure in 2024125 wa8 £0 041 m (2023124.. £0.023m). Thls repres8nts tha &xpendllur6 In relation to the flood
barrlgr at Ospray Quay and th8 operatlon oftha charity.
The expendilure in relallon to the fluod barrier Is perfodio, in some years the malntenance and repair costs are higher than
others due to the nature Df the works required on the barrier.
The charfty generated a not incomlng resourc6 sutplus (bafore Galns & Lossas on Inv6Stments} of £0.019m 12023124,.
£0.035ml. The $ury)lus is tak8n to the Trust's res8rves and those funds with restrictlons are held to be appli8d in aGcordance
with the restrfctions.
Financial Investment Policy and P8rformance
The charfty's Investment PoliGy Is In line with the Investment Pollcy of ils member (the Land TNst}, Ihls is reviewed by The
Land Trust's Investment Commlttee whlch sets out the long-lerm investment objectives. These are essentially to generate
a level of income to meet its related site expenditure whilst maintaining the long term purchasing pow&r of capital and inccime
ag8inst inflalion. The valuo of the portft)lio was £2,1 m as at 31 March 2025 (31 March 2024.. £2.2m).
Flnanclal Reservos
The trustees ensure that an adequate level of reserves Is malntained to enable the charity lo manage financlal rlsk and
-ensure_th8r8_.iS. SLrfficient.funding_for_the.long A8nn_financing.of.slte_maintenanc8..___......
When the charitytook on Osprey Quay, it committed to keeplng th@ slte open to th8 publlc In perpetulty and it mustth0refor8
plan overtho longtemi. How8ver, as Incoming resources are mainlygenerated from investment returns, the charity is subject
to the effects of short term volatillly in these returns. The charity ensures thal, in the f8c@ of potentially volatile investment
returns, adequate liquid resource8 are held to meet short term maintenance cost commitments.
Expendlture on Osprey Quay is funded through a comblnation of sarvlce charg8s and Invastmant Incomo genoratgd from
the investment of site fundlng received on acquisltlon. Expendlture Is carefully planned not to exceed available funds,. for
example, if investment income We￿ to decrease, the level of expenditure to which the charily cotmmits would also decrease.
The charity monitors ils res&Nes, 8nabling il to maintain an adequate level of r6sarvas to CDver any short term Short fall in
invgstment income.
The charfty also revlews Its central overhead commltments both to ensure they are commensurate wlth the needs of the
organisation and the lev81 of free reserves held is adequate to meet these obligations.
Followlng on from the designation of th8 08prey Quay site General Funds, at the beginning of th8 2018119 Financial Ygar,
the Charity no longer has free raseNes.
The trustees consider that these designated fvnds are similar to free reserves as th&y have been designated for the sole
purposp ofthg managBm8nt of Ihe Osprey Quay sito.

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limited by guarantee)
YEAR ENDED 31 MARCH 2025
The charity is buildlng up Ils deslgnal8d funds In case of a catastrophic 8V8nt at Osprey Quay, Such as the dostrudon of
the flood barrierfollowing a storm. As at 31st March 2025 th& leval of d&signated reseNes is £0.31rn (2023124: £0.30m},
The charlly has clear policies an rps8tve8 and its designation of funds, th8 charlty conslders that thase PDllcl8s remain
approprlate and proportlonat6.
Should the charfty take on further sltes In the United Klngdom, thg trustees would revigw this designatlon of funds, Currently
there ar8 no plans for the Charily to take on any further slt2s,
Th8 charity holds raseNas to b8 applied to Arture activities in a number of categories.,
General Funds
these funds can be used for any of th8 charity's charitable purposes
D&slgnatad Funds
these funds, whlch are otheTwlse unr8Strfcted, are 9armarked by Iha trustees for the
management of Osprey Quay.
Restrlcled Funds
th&sa funds ar& applied to tha varfous sp&cific purpo8e8 intended by the donors
Unr88trlct8d Funds
These compris8 the General Funds and D8slgn8t6d Funds.
The General Funds at 31 March 2025 amountrad to £nll (2023124: £nil).
The Designated Funds at 31 March 2D25 amounted to £0,31m (2023124: £0.30m). This reprèsants funding d88ignal8d for
site maintenanca.
Restrlcled Funds
At 31 March 2025 the Rostrict&d Funds amounted to £1.86m12023124: £1.95m). These fijnds ara Inv8Sted in th8 charity's
long tsrm dlscratlcinary inv8Strn8nt porifolio.
Related Parties
These are th8 trust88s and member organisatlolls and detalls of thgse Iransactions are set out In Nots 17 under Related
Party transactlons.
PLANS FOR FUTURE PERIODS
The charity's plans for future periods are sel out in the Chalmian's Report.
PRINCIPAL RISKS AND UNCERTAINTIES
Th8 charity's rlsk management processes are deslgned to enabla tha Board, on the advice of th8 Finance & Audit Committee
whlch considers r8POrt8 from the Land Trust's Chief Financial Offlcer, to conclude wh&th8r tha major risks to which the
charity is exposed hava been Identified and r8viewed, and systems and procedures hav8 been ostablished to mltlgat8 those
risks.
The charity has currently Identified the main risks as'com
romis8 in Cy_bgr Sacurlty, Internal and ext8mal fraud and failure
to adher& to GDPR R8gulations and failure to Implement technologlcal advances, and 'linpacl of adv@rae change8 of----
economic and politi¢al conditions..
Major risks 8re those which have a ¢omblned hlgh impact and probabllity of occurring and would, if they occurred, have
severe impact on either operatlonal perFormance or achlevam8nt of purpose and c)bJ8Ctlvas, or could damage Ihe charity's
r8PUtatlon. The tNste@s concentrate their offorts on ensurlng that th8 most Sgrfous rfsks are being managad effectively.
Th8s8 ar9 r&ported regularly to the Board and are also considered In detall periodically by the Financ8 & Audit Committa6.
The charity's approach addresses risk in a wlda context, with &mphasis on strategic, environmental and Dperational rlsks In
addition to the more familiar areas of financlal risks. complianca wlth statutory requlrem8nts and inl8rnal control procedures.
The charity 88ses8es risk in terms of its financial and reputatlonal impacfi and its impact on tha delivery of it8 k8y objectives.
We are confid8nt that our methodology enables US to identify and manage the major rlsks faclng the Gharity.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
The Irustees have confirmed that, as far as they are aware, there Is no relevant audil informadon of which the auditors ar8
unaware, Each of the trusta8s has Gonfirmed that th8y hav8 taken all the steps that they ought to have taken as trustaes. In
order to make themselves aware of any relavant audlt information and to establish Ihat il has been communlcated to the
auditors.

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limited by guarantee)
YEAR ENDED 31 MARCH 2025
AUDITORS
A resolution to re.appoint Saff8ry LLP will b8 proposed at thg forthcoming Annual General M8eting.
The Trustees Report, which Includes Ihe Dlroctors Report and Strateglc Report, was approv@d by thg Board on 2 O¢tobgr
2025 and sl
thelr behalf by.,
Alan Ca
Chalrnian

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limitod by guarantee)
YEAR ENDED 31 MARCH 2025
INDEPENDENT AUDITORS REPORT TO THE TRUSTEES AND MEMBERS OF OSPREY QUAY MANAGEMENT
SERVICES LIMITED
Oplnlon
We hava audited tha financlal statements of Osprey Quay Management Servi￿8 Company Limiled for the yoar ended 31
March 2025 whlch comprlse the statement of financial aclivities, balance she8t, stat8ment of cash flows and notes to th8
financial statements, including significant accounting policies. The financial reporting framework that has bean applied in
their preparation is appllcable law 8nd Uni18d Kingdom Accounting Standards, Includlng Financial Reporting Standard 102,
th8 Financial Reportlng Standard appllcablg In the UK and Republlc of Iroland (Unlted Kingdom Generally Accepted
Accountlng Practlc81.
In our opinion the financi81 statements:
glve a tru8 and falr vl8w of the charitable company'8 State of affairs as at 31 MarGh 2025 and of its incoming
resources and appliGatlon of resources, Including its incomp and expenditure, for the year Ih&n 8ndad,'
have been properly prepared In accordanc8 with United Kingdom Generally Accepted Accounting Practlce., and
have been prepared in accordanca with th8 Companies Act 2006,
Basls for oplnlon
We conducted our audit in accordanco with Int8rnational Standards on Audltlng (UK) {ISAs IUKI) and applicable law. Our
r8sponsibilitl88 under th088 Standards ar8 further d&scrlb8d In th8 Audltor's responslbllllles for the audit of the financial
statem6ntS Section ofour roport. Wg are Indopendent ofthe char1table company in a¢¢ordance with the ethical requirements
that are relevantto our audlt of the financlal statements in the UK, Including the FRC'S Ethical Slandard, and w8 have fulfilled
our other ethical responsibilities in accordance with these requirements. W8 b81iev8 thatth8 audit evidence we have obtalned
is sufficient and appropriate to provid8 a basis for our opinlon.
Conclu81on8 r8latlng to golng concern
In audltlng the financial staiemgnts, we have concluded that the Iruste8S' US8 of the going Concern basis of accountlng In
the preparalion of the financial sL8temenls is appropri8t8.
Based on tho wort<w6 hav8 pgrformed, w8 hava not identiled any malerfal uncertainties relating lo events or conditions that,
Indlvidualty or collectively, may cast signlflcanl doubt on the charitable company's ability to continue as a going conc8m for
a perlod of at least twelve months from when the financial ststemenis are authoris8d for issu8.
Our respon8ibilitl88 gnd the r88ponsibilities of th@ tru8te9s wlth respact to golng concem are descrlbed In tho relevant
s8ctiDns of this roport.
Other Infomiatlon
The other infomiation comprises the information includ&d In tha annual report, other than the flnanclal statements 8nd our
auditor's ￿port thoraon. The tmsteas are responslble forthe otherinformation. Our opinion on the financial statement8 doe3
not ¢OV8r Ihe other information and, except to the extent otherwise explicitly ststed in our report, we do not express any form
of assurance conclusion thereon,
Our rgspon8ibility-i8-to-read-thg- 0th8r infomiatlon-and--In dolng-so,-eonsider whether-th8-other-Information-itrmatedally
inconslstent wllh tha financlal statements or our knowledge obtalned In the course of the audit or otherwlse appears to be
materially mlsstatèd. If w& Identify such material inconsistencies or apparent malerial misstat8m8nts, we are required to
detennlne whether this glves rlse to a material misstat@ment in the financlal slatements themsolv8s. If, basèd on the work
we havs performed, we concludg thatther8 is a material misstatament Df thls other information we are requlr8d to r8portthafi
fact.
Wa hava nothing to report in this regard.
Opinions on other matters prescrfbed by th8 Compan188 Act 2008
In our oplnlon, based on th8 work undertaken in the course ofthe audlt:
tha infonnation glven in th& Trusteos, Annual R8port whlch Includes the Directors, Report and the Strategic Report
forth& financial yearforwhich the financlal statemenls a￿ prepared is consistent with the financial slalem8nts,' and
th8 Tru8tse8' Annual R8POrt which includes tha Dlr8Ctors' Report and the Strateglc Report has been prepared in
accordancg wllh appllcable legal requirements.

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company Ilmlted by guarantee)
YEAR ENDED 31 MARCH 2025
Matter8 on which we are required to report by exception
In th8 light of the knowledge and und&rstsndlng of lh8 charltabla company and Its envlronment obtslned In tha coursa of
the audit, we have not identifled matgrial misstatemgnts In Ihe Trustees, Annual Report.
We have nothing to report In respect of the followlng matters where Ihe Companies AGf 2006 requires US to report to you if,
in our oplnlon-,
adequate accountlng records have not been kept, or retums adequate for our audit have not been reEefved from
branches not Vistted by us- or
th8 flnanclal stat&m8nts ar8 not In agre9ment wrf(h the accountlng records and returns,. or
¢ertaln d5s¢losura$ of tru$taa$' remuneration specified by law ar8 not mado. or
we have not recgived all th& infomiation and explanations we requlr6 for our audit. or
th8 tNstees were not entitled to prepare the financial statements In accordance wllh the Srndll companles reglme
and totake advantage ofthe small companies exernption in preparing theTrustees' Annual Report and the Strategic
Report,
Responslbllltles of tru$tees
A6 explained more fully in th8 Trustees, Responsibililies Statem@nt s8t out on pag6 5, the trust@es (who are also directors
of th8 charitabl8 company for th8 purpos8s of company18w) ar8 r88ponsible for th8 pr8paration of the financial statements
and for being 8atisfied that they give a true and falr vlew, and for such Internal control as tha trustaas detgmilno Is nocessary
to enablg Ihe preparatlon of financial statements that are free from materfal mlsstalement, whether due to fraud or error.
In preparing the financial statements, the t￿stee8 are responsible for assessing the charitable company's ability to continue
as a going concern, disclosing, as applicabl8, mattBrs related to going conc9m and u8ing th8 going concern basis of
accounting unlp.ss th& tru8ts88 either Intend to Ilquldatg tho charllabl6 company or to cèase operatlons, or hava no rgallstlc
alternativa to do so.
Auditor's responsibililies for the audst of the financial statements
We hav8 be8n appoint8d 88 audilor8 under th8 Companies Act 2006 and report In accordancg ￿th regulatlons made under
that Act.
Our oblectlves are to obtaln reasonable assurancp about whether the financial Statements as a whole are free frorn material
misstatement, whether due to fraud cir error, and tc) issue an auditor's roport that includ88 our apinion. R8asonabl8 assuranc8
IS 8 high18vg1 of as8uranc8, but is not 8 guarants8 th8t an audit conductgd in accordance with ISAS (UK) will alway8 detect
a mat&rial misstatement when it exists. Misstatements can arl8a from fraud or error and are considared matsrlal If, Indlvldually
or in the aggregate, they Could reasonably be expeGtsd to influence the economlc declslons of users taken on the basls of
these financial statements.
Irr8gulariti&s, including fraud, ar8 instanc8s of nonwcompliance with18ws and regulations. We design procedures in line with
our responsibiliti&s, outlined above, to detect matorlal mlsstatamants In raspact of Irregulari￿88, includlng fraud. Tha spaclfl¢
procedures for thls engagement and the extent to whlch these are capable of detectlng irregularltles, Includlng fraud ar8
detailgd below,
Identifying and.assessing.rt8ks.relaled.to irregularitie6:_
Wa assessad th8 SUSC8Ptlblllty of th& charitsbl& company's flnancial statements to material misstatemgnt and how fraud
mlght occur, including through disGussions wlth tha trustees and management, dls¢ussions within our audlt team plannlng
meeting, updatEng our r8Gord of internal controls and ensuring these controls operated as Intended. We evaluated possible
incentives and opportunitles for fraudulent manipulation of the financial statemgnts, We identified laws and regu18tions that
are of slgnificance in the context of the charitable company by dlscusslons wlth trustaes and manag@m8nt and updatlng our
und8r8tanding of tha sactor In which tha charitable company op8rates.
Laws and regulations of direct significance in the conlext of the charltable company Include The Companles Act 2006, and
guidance issued by the Charity Commission for England and Wales.
Audit response to risks id8ntifi8d'.
Wg consldared the axtant of compllance wlth these laws and regulations as part of our audit procedures on the relaled
flnanclal statement ttems Includlng a revlew of financ181 statement dis¢105ures. We reviewed the charitable company's
records of breaches of laws and regulations, minutes of meeting8 and correspondenc& with relevant authorities to identify
polgntial material misslaternBnts arising. W8 discuss8d th8 charitable comp8ny'8 pDIici88 and procedur8s for compliance
with law8 and regulations with m8mbers of management responsiblg for compllance.
During the planning meefjng wlth the auditteam, fihe engagement partner drew attention to Ihe key areaswhich might involve
non-complianc8 with laws and regulatiDns orfraud. We enquired ofmanagem8ntwhetherthey were aware of any instances
of non-complianc8 Wlth laws and r8gulatiDns or knowlgdge of any 8Ctual, 8U8pect8d or alleged fr8ud. We addr8ssed the risk
of fraud through management override Of controls by tasttng tha approprlatanass of journal 8ntrfas and Idantlfylng any
slgnificanttransactionsthatwer8 unusual oroutside the nornal course of busSness. We assessed whethBrludgements made

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limited by guarantee)
YEAR ENDED 31 MARCH 2025
in making accounting 8Stimates gave rise to a possible Indlcatlon of management bias. At the completlon stage of the aud1(
the &ngagement partneV8 rev18w included 8nsuring that the tearn had approach&d th&ir work with appropriate professional
SGepticism and thus the capaclty to Idantlfy non-compliance with laws and regulation8 and fraud.
There are Inherent Ilmitation8 ill the audit procedures dascrfbed above and the further removed non-compllanca wlth law8
and regulations is from the events and transactlons reflected In the financial statemgnts, thg18ss Ilkely wg would bocome
aware of it.
Also, the dsk of not detectlng a material mlsstatement dua to fraud Is hlghar than the rlsk of not detecting one resulting from
error, a8 fraud may Involve dellberate conc8alment by, for examp18, forggry or intentlonal Mi$￿preSantaI1Ons, or thmugh
collusion,
A furth&r description of our rasponsibilltl8s Is avallable on the Financial R8porting Council's w8b8it8 at.,
www.frc,o .ukla
nslbll
les. Thls descrfpllon fomis part Df our auditrJf'8 raport.
Use of our report
This IBPOrt 1$ mad8 solely to the charltable company's members, as a body. in accordance with Chapter 3 of Part 16 of the
Companles Act 2006. Our audit work has been undertaken 80 that we might stat8 lo th8 charitable company's members
those matters we ar8 requifftd to stste to them In an audltor's report and for no other purpose. To th8 fullest 8Xtent P8rmilted
by law, we do not accept or assume responslbllity to anyone olher than tha charftable company and the Gharitable compan￿8
memb9￿ as a body, for our audit work, forthis report, or forthe opinlons we have fomed,
Cara Turtington (Senlor Statutory Auditor)
for and Dn bghalf of Saff8ry LLP
71 Qu88n Vlctorla
Street
London
EC4V 4BE
Statutory Auditors
Date..
IÉ (kbkn-ZO
Saffary LLP Is ellglblG to act as an auditor in tsrms of 88ction 1212 of th8 Comp8nies Act 2006

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company Ilmlted by guarantee)
YEAR ENDED 31 MARCH 2025
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2025
Note
Unrestricted
Funds
Reslricted
Funds
Year Ended
3110312025
Y8ar Ended
3110312024
Income from:
Olher Trading Aclivitips
Investments
Total Income
1,070
59,079
60,149
1,070
59,079
60,149
300
58,313
58,613
Expondlture on:
Ralslng Funds
Charltabla Actlvlttas
Total expenditure
40.697
40,697
40,697
40,697
23,487
23,487
Net (lossesygains on investments
(8,814)
191,403)
(100,2171
178.538
Corporation Tax
Net Incomol{exp8ndltur8)
10,638
(91,403)
(80,7651
213,664
Transfers
N6t Movemonl in funds
10,638
(91,403)
(80,765)
213,664
Reconclllatlon of Funds
Total Funds brought foM8rd
Total Funds carried forward
299,000
309,638
1,948.868
1,855,465
2,245,868
2,165,103
2,032,204
2.245,888
12
The charity has no recognised gains or losses othar than as ststsd in the Statement of Flnanclal Actlvllles.
Historlcal comparables are shown In Note 19.
12

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limited by guarantee)
YEAR ENDED 31 MARCH 2025
BALANCE SHEET AS AT 31 MARCH 2025
Note
3110312025
3110312024
Flxed Asse1$
Tanglble ass@ts
Investmonts
Total Flxad A8s9ts
2,050,724
2,050,725
2,150,941
2,150,942
Current Assets
Dgbtors
Ca$h In bank and In hand
Total Current Assets
20,416
106,653
127,069
14,652
88,773
103,425
14
Llabllltlog
Cr8ditors.' falling dua wtthln one yaar
10
{12,691)
(8.49g)
N8t Current Assets
114,378
94,926
Total Net A880ts
2,165,103
2,245,868
Tho fund8 of th6 charity..
Restricted Funds
Unreslrlcted Funds
Total Charfty funds
12
12
12
1,855,465
309,638
2,165,103
1.946,868
299,000
2,245.868
The financial statements wore approv&d by th6 truslgas and authorlsod fDr Issue on 2 Octobèr 2025 and slgnad on Its bghalf by..
Alan
Truslee
13

OSPREY QUAY MANAGEMENI. SERVICES COMPANY LIMITED
{A company limited by guarantee)
YEAR ENDED 31 MARCH 2025
STATEMENT OF CASH FLOWS
Year Ended
3110312025
Year Ended
3110312024
Note
Net cash provided by (used in) operallng actlvltl8s
13
(41,1991
118,972)
Cash flows from Inv8Stlng activitlas,,
Divid@nds, Interest and rents from investmonts
Net cash usod In Investlng actlvltl6s
59,079
59,079
58.313
58,313
Cash fl¢)ws from flnanclng actlvltles:
Additions to Slte fundlng
Net cash provldad by flnancing activltles
Change In cash and cash equivalents in the reportlng p8rlod
17,880
39,341
Cash and cash 6qulvalènts at the beginnlng of the roporting pertod
Cash ancl cash 8quivalants at the end of the reporting period
88,773
106,653
49.432
88.773
Chango in ca8h and cash equivalent8 In tho reportlng perlod
14
17,880
39,341
14

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
{A company Ilmlted by guarantee)
YEAR ENDED 31 MARCH 2025
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
ACCOUNTING POLICIES:
Osprey Quay Managem&nt S61ViCgs Company Llmlted Is a charity registered wlth the Charlty Cornmlsslon In England and
Wale$ No. 1166655, it's regislered addr8ss Is 7 Blrchwood On8, Dewhurst Road, Blrchwood, Warrlngton, WA3 7GB
The principal accounting poll¢le8 adopted, judgements and key 80urces of estim8tion uncertainty in the preparation of th8
fin8nGial ststernents are as follows:
BASIS OF PREPARATION AND ASSESSMENT OF GOING CONCERN
The financlal 8tstements have been prepared in aG¢ordance with Accounting and Reporting by Charities: Ststement of
Recommended Practlcg appllcable to chariti&s preparing their accounts in accordanc6 With th& Flnanclal Reportlng Standard
applicable in the UK and Republic of Ireland IFRS 102) (SgGond editionl- (Charities SORP (FRS 102)), tho FlnanGlal Reporilng
Stsndard 8pplicabl8 in the UK and R8publlc of Ireland (FRS 102) and the Companl8s Act 2006.
The charty constFtutes a publlc beneflt entlty as deflned by FRS 102,
The financlal statements ar6 presentad In starling, round to tha nearest pound.
The charlty has a clear focus on managing its cosls and, worklng wlthln Its appettte for rtsk, 8eek8 to generate maximum
Income from Ils Investment portfollo.
We continue lo review and prepar8 long t8rm for8cast8 and projections to show that..
Th8 proj8Ctad income from the endowment and site fund Ss sufflcl8nt to meat Its expectsd operating costs and
Tha contrlbutlon margin eamed from the management of these sltes, Is suffldent to meet ¢entra5 cosls such that the chaiity
wlll generate worklng capltal to remain financlally sustainable in the long temi,
The truslees have ther@for8 COntinu8d to adopt th8 going conc8m b8818 in preparing thg annual Financial Statsmants.
INCOME
All inGome is ￿cognis8d onGe the charity has entitlement to the income, it is p￿babIe that th8 income will b8 r8C8IV8d and th8
amount of Incom? receivable can b8 measur8d r81iably.
Intargst on funds held on deposit Is accrued and the amount can be measured rellably by the charlty,. thls Is normally upon
notlficalion of the interest payable by the bank. Dfvldends are recognised once the dividend has been declared and notification
has been receiverj of the divldend due. This is normally upon notification by our investment advisor of the divid8nd yi8ld of th8
investm8nt portfolio.
DONATED SERVICES AND FACILITIES
Donated professional servlces and donated facilities are recognissd as incorne when the charity has control over the item,
any condilions associat8d with th8 donated itsm have been m8t. the receipt of economic b6nefft from th6 use by th& Charlty
of th& ilem is probable and that economlc benafll can ba maasurad rallably. In accordanGe with the Charities SORP (FRS
102), thé general volunlaer time is not recognised and refer to the trustees, annual ￿pOrt for more information about their
contrlbution.
On rgC@ipt, donated professional 8eNices and donatsd facilities ar8 recognisad on Iha basls of tha valug of the gift to the
charty which is the amount tha charlty would hava been willlng to Pay to obtaln services or facilities of oqulva18nt aconomlc
benefit on the open markat; a corrgsponding amount is then r8GOgnised in expenditure In the period of recelpt.
INVESTMENT INCOME
Investment Income 18 recognised on a recoivabla basls.
EXPENDITURE
Liabilities ara racogni88d as ra8ourc&8 expended as soon as there is a legal or constructive obllgatlon commttting the charlty
ID that expenditur?. Expendttura Is racognlsed when. and to the axtent that, a liabilty is Incu￿ed or increases wlthout a
commènsurate increase in recognised assets or decrease In Ilabillties. All expenditure is accounted for on an accruals basis
and Is classlfled under appropriate headings that aggregate a15 costs relating to the category. Irrecoverable VAT 18 chargod
against the category of resources expended forwhich ilwas incurred.
CHARITABLE EXPENDITURE
Charitable expendTture inGludes all &xpenditure associaled wilh the charily's ch8ritabl8 activitiBS, including support costs.
Supportcosts includ8 c8ntral offic8 funclions Such as ggn&Tal managgment, financo and accounting, IT and human resource$.
15

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
{A company Ilmlted by guarantee)
YEAR ENDED 31 MARCH 2025
OTHER EXPENDITURE
oth@r @XP6nditure represents Ihosg items not falllng into any other head1ng.
TANGIBLE FIXED ASSETS
Tangible fixod assets are statsd at hS$torfcal cost,
Freghold land 18 nofi dapraclated.
FIXED ASSET INVESTMENTS
1nv8Stments are slated at mld-price value at the balancg 8heet date.
DEBTORS
Trade and other debtors are recognlsed at the settlement amount due after any trade dlscount offered. Prepayments are
valued at the amount prepald net of any Ir8de discounts due,
CASH AT BANK AND IN HAND
Cash at bank and cash In hand includes cash and short term hlghly Ilquld Investments wlth a sliort maturity of three monlhs
or less from the date of acquisition or Opening of the deposit or similar account.
CREDITORS AND PROVISIONS
Credltors and provlslons are recognised where the charfty has a present obllgat1on resulling from a past eventthatwill prDbably
result in the transfer of fvnds to a third party and the amount due to settle the obligation can be measured or estimated reliably,
Creditors and provisions ar& nomially recognised at their setllernenl amount after allowing for any trade discDunls du?.
FINANCIAL INSTRUMENT.S
The charity only has financial assets and finanr,lal liabilitles of a kind that qualify as basic fin8nGial ints*uments. Baslc flnancial
instruments are initially recognised at transaction value and subsequenlly measured at their settlement value with the
8XC8Ption of bank IDans which arB subsBquenlly measur8d at amortised cost usirig the effective inler6st m&thod,
LEASING COMMITMENTS
Rentals paid under operating leases are chatued to the 8tatemenl of financial activltles over the life of the lease.
GAINS AND LOSSES DN INVESTMENTS
All gains and losses are taken to the Statemonl of Financlal Acllvltles as they arfse. Reallsed galns and losses on investsments
are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired
subsequent to the fir81 day of the financial year. Unr@alis&d gains and Ioss8S are calculated as th8 difference between the fair
value at tha y8ar end and their carrying value. Realised and unrealisod investment gains and losses are combined In the
statement of Flnancial Acttvities.
- FUNDS.5TRUCT.URE__._.___...___.._..__....._.....__.__.._......_........._....__........_.._____..__._.....__..._.........._.._..__._._..__.._._.____.._.___..
Funds hald by the group are..
Unrestricted general funds
These are funds whl¢h can be used In accordance wllh the charitable objects at the dlscretlon of the trustees.
D&slgn8tad funds
Thase fvnd$ have been garmarkgd out of unrastrlcted thnds by tha trus190s for spgclflc purposos.
Re8tricl@d funds
These are funds that can only be used for particular restricted purp08es within the objects of the charity. Restrictions ari88
when specified by the donDr or when fund8 are raised for partloular restricted purpose8
CORPORATION TAX
Ospr8y Quay Management Semces Company Limited, as a registered charity, is exempt from Corporation Tax under the
CorpDratlon Tax Act 2010 (chapters 2 and 3 of part ii, section 466 OnWat￿8) or Section 256 of the Taxation fDr Ch8rgeable
Gains AGt 1992. to the extent that surplusas ara applled to its charitable purpDse9.
16

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limitèd by guarantee)
YEAR ENDED 31 ￿RCH 2025
OTHER TRADING ACTIVITIES:
Unrestrl¢tèd
Funds
R88trlctsd
Funds
Yoar Ended
3110312025
Sitp Activitles
Miscellanaous Incoma
750
750
320
320
Total
1,070
1,070
Yèar End8d 31103124
300
300
Income from 81t& activit188 relate8 to surveyor fees incurred durlng a lease negotiation at Osprey Quay.
Mlscallanaous income reprasents seNi¢e chargé Incoma from tha managamant of tha sarvlce charg6 Site.
Hlstorlcal comparabl88 ara shown In Nots 19.
INCOME FROM INVESTMENTS..
Unrestrfcted
Fund8
Restricted
Funds
Year Ended
3110312025
Bank Interest
233
233
Inl8rest & Dividends from Investments
58,846
59,079
58,846
59,079
Year Ended 31103124
58,313
58,313
Historical Gomparables are shown In Notg 19.
TRUSTEES, REMUNERATION..
Expenses clairned by the trustses in 2Q24125 totslled £nll (2023124: £nil). The trustees received no remuneration In 2024125 <2023124,.
£nll}. Tho trustees reLeived no paymentforgoods orservices in 2024125 (2023124- £ nil) and the charity had no employe88 In 2024125
(2023124.. none).
17

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
{A company Ilmlted by guarantee)
YEAR ENDED 31 MARCH 2025
ANALYSIS OF EXPENDITURE:
Basis of
Allocation
Ral8lng
Funds
Charitable
Activiti8s
Other
Year Ended
3110312025
Costs dlrectl cha
ed to activities
Site Maintenance
Direct
17,015
17,015
Evgnts
Dlroct
Insurance
Direct
Lsgal & Profas$lonal
Audlt & Accountsncy fees
Irrecov6rab16 VAT
Dlract
8,868
2,650
8,668
2,650
Dlrect
Direct
Management Fees
Dlrect
11,371
11,371
Su
orl costs allocatgd to activitlgs
General running costs
Marketlng
Allocation
993
993
Allocatlon
40,697
40.697
Unreslrlcted
Funds
Restrlcted
Funds
Year Ended
Year End8d 31103125
Raising Fund6
Charitable Activilies
40,697
40,697
40,697
40,697
Total Expenditure
Year Ended 31103124
Fialslng Funds
Charitabl8 Acliviti88
-_Total"Expendilurr""_"""'"_'""____"'_""'_""""__""'__" ____" "'"" _'"'_'"" _"""" __'"'_"
23,487
.28,487-____
23,487
-23,487
Basis of Allocation
Cost allocation includes an element of judgement and the charity has had lo consider the cost: benefit of detai18d calculations and
record k&eping. 88ses for calculatlon Includ8:
Speclflc costs have been attributed where possible
Overheads have been allocated to sites on the basis set out in the individual funding agreements
cth8r costs have been allocated based on management 8Stimat8s of usag8
Osprey Quay Managemanl Servlcas Company Llmlted has no directly employed staff.
The management fees includes an element in relation to the management of the land that 18 not operated underthe seNice charge.
Hlstorlcal comparable8 are Shown in Note 19.
18

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company Ilmited by guarante8)
YEAR ENDED 31 MARCH 2025
CORPORATION TAX
Th8 main activity of the charity Is to provide charitabl8 activitles, therefore no Corporation tsx is payable on any surplus from these
actlvlles.
NET INCOMEIEXPENDITURE..
Year Ended
3110312025
Year Ended
3110312024
This 15 statgd after ¢harg1ng'.
Audltor8' Remuneration
External Auditor8
Current Yaar Audlt F66S
2,e50
2,550
FIXED ASSET INVESTMENTS:
Yoar Ended
3110312025
Y8ar Ended
3110312024
Market Value as at 1st ApTII
Additions
2,150.941
1,972,403
Disposals
Net invastment Reallsod & Unrealised (LossesllGain8
Markot Value as al 31st March 2025
(100,217)
2,050.724
178,538
2,150,941
Year Ended
3110312025
Year Ended
3110312025
Year Endod
3110312024
Year Ended
3110312024
UK
Overseas
UK
Overseas
""Investments represented-by".
Llsted Investrne
Balanced Funds
2,050,724
2,150,941
2,050,724
2,1 $0,941
Investmants are hold primarily to providé Invastmant Income to manage and maintain the charity's sites.
The fixed asset investments are held In managed fijnds and managed by CCLA, howev6rwithin thi8 balanc8d fund th8 shar8holding
is diver5ifi&d to minimise any risks. The historic cost of the Investments as at 315t MarGh 2025 was £1.5m (2023124.. £1.5m), based
Dn a weighted average calculalion.
19

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company11mlted by guarantee)
YEAR ENDED 31 MARCH 2025
DEBTORS..
Y8ar Endod
3110312025
Yaar Ended
31103r2024
Amounts falling due wlthin one year.,
Arnounts owed from Group Und8rtaking8
Prepayments & A¢crued Income
VAT Receivable
2.091
18,325
14.549
103
20,416
14,652
10
CREDITORS..
Year Ended
3110312025
Year Cndod
3110312024
Amounts falling dua within one year..
Trade Credltors
Amounts owed to Group Undertaklngs
Accrual8 & Deferred Income
845
611
12,690
12,691
7,043
8,499
11
ANALYSIS OF NET ASSETS BETWEEN FUNDS..
Unrostrlctsd
Funds
Rèstrfcted
Funds
Total Funds
3110312025
'Tangible-Fixed-Ass818
Investments lflxed and currentl
Curr8nt Assels
180.110
142,218
(12,e91)
309,638
1,870,614
{15,149)
2,050,724
127,069
{12,691)
2,165,103
Current Liabilities
1,855,465
Hlstorlcal comparabl&s are shown in Nots 19,
20

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limit6d by guarantee)
YEAR ENDED 31 MARCH 2025
12
ANALYSIS OF CHARITABLE FUNDS:
Balance at
31103124
Income Expondlture
Transfers
(Losses)
Balance at
31103125
Restricted Funds
Unrèstrlcted Funds
1,946,868
(91,403)
1,855.465
Designated Funds
Goneral Fund8
299,000
60,149
{40,6971
(8,814)
309,638
2,245,868
80,149
(40,6971
1100,217)
2,165,103
Restrlcted Funds
C6rtain land agreements have r8Strictions on the expendlture of any Income which is gained from tha Invoslad capltal. Th8 income
can bg used only to mainlain Ihe sites noted in the agreements.
General Funds
Thg general funds can be used in accordance wth the charftable objectives at th9 dlscretlon of tha trustses.
De$lgna16d funds
These funds have been eamiarked out of unrestricted funds by the trust&es for specific purpose8.
Historical comparab18s ar8 shown in Note 19.
13
NOTES TO I'HE STATEMENT OF CASH FLOWS..
Year Ended
3110312025
Year Endèd
3110312024
Recon¢S1iatlon of n8t Income to net cash flow from operating activiti08
Net income for the repor￿ng perlod las per tho Statement of Financial Acflvltlgs)
Adlustrnents for.,
Dlvldends, interest and rents from investments
(Gains) I losses on Investrnents
. DB.creas.g_1 (In0rRasB)thLde_&Lo￿_
Increasa l (dacr8asa) in creditors
Nel cash provlded by {us8d In) oporatlng actlvltles
(80,7651
213,664
(59,07g)
100,217
158.313)
{178,538)
15,764)_-
4,192
4,617
(41,199)
(18,972)
14 ANALYSIS OF CHANGES IN NET DEBT
Balance at
31103124
Cash Flows
Balance at
31103125
Cash and Cash equlvalents
Cash
88,773
17,880
106,653
88,773
17.880
106,653
21

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company limited by guarantee)
YEAR ENDED 31 MARCH 2025
15
GUARANTEE COMPANY AND LIABILITY OF MEMBERS.,
Ospr8y Qu8y Man8g8m8nt S8rvic88 Company Limited is a company Ilmltsd by guarants& and thergfore do@s not have any share
capltal.
The Ilablltty of m8mbers 1$ Ilmlted. In the event ofthe company belng wound up durlng a member's period of membershlp or wlthln
Dne year afterwards, an amount nol exceeding the sum of £10 may b9 required from that rnemb8rtowards the payment ofthe debts
and li8bilities of the cornpany incurred before memb&rship ceased,
As at 31&t March 2D25, th8 company hsd on8 member13181 March 2024.. one).
16
CAPITAL COMMITMENTS:
Tharg ware no capltal commltments at 31st March 2D25 (2023124.. £nlll.
17
RELATED PARTY TRANSACTIONS:
Durlng the y8ar, Thg Land Tru8t (Parent Company) recharged expenses of £77412023124., £878) and gxpondlture Incurr9d wlth
them amounted to £8,209 (2023124.. £7,871). At 3151 March 2025 thg debit balance with The Land Trust was £2,09112023124',
Credit of £611).
18
ULTIMATE PARENT COMPANY
Th& ulJmats parent company Is Th& Land RestOTation Trust (Reglstered Charfty No.. 11838337}, also IncO￿Orated In England and
Wales. The Land Restoratlon Trust provldgs18nd ft)r public amenity or in its preservation or conservation. The Land Fiestoration Trust
is the smallest and largest group for which consolidated acc()unts ar8 prepar8d. The consolidated accounts forThe Land R88toration
Trust are available to the public and can b8 obtain8d from Compani88 House or Charity Commission,
22

OSPREY QUAY MANAGEDAENT SERVICES COMPANY LIMITED
(A company Ilmlted by guarante8)
YEAR ENDED 31 MARCH 2025
COMPARABLES FROM PREVIOUS FINANCIAL YEAR:
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
Unrastrlcled
Funds
Re8trlcted
Fund8
Ygar Ended
3110312024
Income from:
other Trading Activities
Inv6Stmgnts
Total Income
300
58,313
58,013
300
58,313
58,613
Expendlture on:
Ralslng Funds
Charltable ActivlUes
Total expendltura
23,487
23,487
23,487
23.487
Net galnsl(losses) on Invastmonts
15,703
162,835
178,538
Corpor8tlon Tax
Net Incomel(exp8nditure)
50,829
162,835
213.684
Transfers
Net Movement In fund8
50,829
162,835
213,664
Roconcillation of Funds
Total Funds brought forward
Total Funds carrled forward
248,171
299,000
1,784,033
1,946,868
2.032,204
2,245,868
OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restrlcted
Funds
Year Ended
3110312024
Site Activities
MiscallaneDUS Income
300
300
Total
300
300
23

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company Ilmlted by guarantee)
YEAR ENDED 31 MARCH 2025
INCOME FROM INVESTMENTS
Unrestrlcted
Funds
Restrl¢ted
Funds
Year Ended
3110312024
Bank Intorost
741
741
Interest & Divldends from Investments
57,572
57,572
58,313
58,313
ANALYSIS OF EXPENDITURE
Basls of
Allocatlon
Ralslng
Funds
Charltabla
Actlvltl•s
Other
Year Ended
3110312024
edto
ctivitles
sita Malnt8nanc8
Events
Direct
Direct
Insurance
Dlrecl
Legal & Professlonal
Audit & Accountancy fees
Irrecoverable VAT
Direct
10,802
2.550
10,802
2,550
Direcl
Dlrect
Management Fees
Direct
9.159
9,159
ort osts alloca
General runnlng costs
Marketing
Allocatlon
976
976
Allocation
23,487
23,487
ANALYS15 OF NET AS'SETS"BETWEEN-FUND5:
Unrestricted
Funds
Restricted
Funds
Total Funds
3110312024
Tanglble Fixed Assets
Investrnents (fixed and current)
Curr8nt Assets
188,Y24
118,574
18,4g9)
299,000
1,962,017
(15,14g)
2,150,941
103,425
{8,499)
2,245,868
Currgnt LIabili￿eS
1,946,868
24

OSPREY QUAY MANAGEMENT SERVICES COMPANY LIMITED
(A company Ilmlted by guarantee)
YEAR FNDED 31 MARCH 2025
ANALYSIS OF CHARITABLE FUNDS:
Balanco at
31103123
Incoma Expondlture
Transfers
Galn8
Balance at
31103124
R8strlcted Funds
UnrÈslrlct8d Funds
Designated Funds
General Funds
1,784,033
162,835
1,946,868
248.171
58,613
123,487}
15,703
299,000
2,032,204
58,613
(23,487)
178,538
2,245,868
25