REGISTERED COMPANY NUMBER: 09931286 (England and Walcs)
REGISTERED CHARITY NUMBER: 1166812
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024
FOR
PENNYHOOKS FARM TRUST
Martin and Company
25 St Thomas Street
Winchester
Hampshire
S023 9HJ

PELNLNYHOOKS FARM TRUST
CONTEINTS OF THE FIfiANCIAL sTATE￿IENTs
FOR THE YEAR ENDED 31ST AUGUST 2024
Pagc
Report of the Trustees
I to 13
Independent Examiner's Report
14
Statement of Finaneial Activities
15
Balance Sheet
16 to 17
Notes to the Financial Statements
18 to 26
Detailed Statement of Financial Activities
27 to 28

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended 31 st August 2024. The trustees have adopred the provisions of
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing iheiT
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ITeland (FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the charity are:
to advance the education of people with autism spectrum condition ('ASC") and associated difficulties by developing
their capabilities, skills and work-related training opportunities through the provision of therapeutic fanning, rural craft,
conservalion based and other appropriate activities on Pennyhooks Fami or other suitable r￿ra1 locations which operate a
traditional conservation-focus5ed approach io farm management and which provide an appropriate environment for
people with ASC.
- to advance the education of people who work with people with ASC and associated difficulties on farnis or other suitable
rural settings providing training and in such other way5 as the trustee5 see fit.
to PTovide relief for people ivith ASC and assoLiaicd diffiLulties and foT tho%e CaTing for them through the PTovi%iun of
r¢sid¢ntial and r¢spit¢ at Pennyhooks Farm or other suitable rural IoL(Itions (ind in such other ways the trubtees
think fit.
The trustees endeavour to ensuTe that ei'eryone engaged in fi￿hering the Objects show unconditional positive regard for
students, clients and all those associated with them.
Public benefit
The InLsl¢¢s ¢onfimi that ih¢y hav¢ referred to th¢ guidan¢e eoniained in the Charity Commission's general gllidan¢¢ on
publi¢ b¢n¢fit wh¢n r¢vi¢wing (h¢ Trust's aims and obj¢¢iiv¢s and in planning fulure a¢tiviti¢s. Th¢ Charity provid¢s a
public bencfil in the forni of (he educaiional opportunities il provides to thos¢ with autism spectrum condition in both the
local and wider community. The charity also works to raise the awareness and undersLqnding of autism spectrum
condition.
Page I

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
ACHIEVELIIENT AND PERFORMANCE
Charitable activities
l. Charitable Activities
a) Charity Achievements in the year:
The number of people currently supported each iveek includes 25-30 indiN-iduals with complex Autism, aged from 19-40
years. They each attend weekly as pan of a specialist autism adapted work-training programme, for 1-5 days per week.
We welcomed 2 new students in September. who are sellling in Nery well. We continue to receive several new referrals
who we will ty to accommodate when we are able to recruit more staff. Through some ring-fenced funds from different
granls ive have been able lo increase hours for the ivoodwork teacher and another staff member as ivell as being able to
recruit another part-time support Th'orker. Of concern, hoivever is ageing and health issues amongst the current staff and
the difficulty in finding good staff with tbe right credentials to support our client group. Harsh winter weather added to
staffing pressures, and we found that we needed to provide more indoor activities for the staff and students.
Student making our De￿ SM"eet Pea planter design, during our Thoodw'ork teacher's first year.
OUT annual H&S review went well, our H&S consultant commented that Pennyhooks has a strong H&S culture, he offered
a few advisory actions, which were acted upon.
In Oclober we held our annual Harvesl celebrations with the students, in the week when we cook and eat the food we
have grown, which we all enjoyed very much.
Pressing grapes at Ilari¢st.
Page 2

PENINYHOOKS FARM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
In November our Christmas Fayre generated sales of almosi £4.000, with a wide range of quality woodwork. Our
hedgeroTh jams and jellies were as popular as ever. We also sold photographic prints thanks to the generosity of renowned
wildlife photographer, Paul Colley, whose phoiographs we also included in our calendar.
Our Jams and Jellie5 mY4ke a colourful display at
our Christmas Fayre.
Making plelltv of reindeer for the Chri5tma5 Fayre.
In January our ncw H¢dgc Planting proj¢ct startcd, thanks to a grant from thc RPA'S Countrysidc Stcwardship
conservation based scheme.
Starting to plant our new 60m hazel hedg
Page 3

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
Lydia Otter CEO, also received the wonderful news that she had been aivarded an MBE in the King's New Year's Honours,
for services to Au(ism and their families in Oxfordshire. She attended her investiture service at Windsor Castle in
February, conducted by Prince William of Wales, who was most interested in the ￿Ork of Pennyhooks, and we continue
to engage in cO￿espOndence with his office.
Lydia Otter after being made an MBE for services to People with
Autism and their Families in Oxfordshire
Celebrating the MBE )Tr'ith the students and staff on our return from Windsor.
Page 4

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
Fund-raising coniinues to be a priority and critical in supporting our running costs and maintaining good reserves. We
had received approval and salary support from the Watson Trnsl 10 recruit a dedicated, professional Fund-raiser. At the
beginning of the year we advertised this position for someone who could lead all our funding aspects for our
accommodation capital project and help us navigate our way fonvard in resourcing our day to day rlmning costs, as well
as how we seek to connect ￿'1th and challenge hearts and minds to Irnpro￿e the lives of people with complex autism.
Supported by our Consultant Fund-raiser during this interim period. we haN'e been looking for the right person.
As part of our longer tern] succession plans for the Trust we had also received approval and salary support to enable us
to advertise and recruit a new Farn] Manager, to gradually thke over the general management of the farn] from the current
manager who is already 75 years old. We worked very closely with our HR consultant and because the role became
unexpectedly bigger, decided to split the role into differellt elen]ents and behveen different people. As a result, the
incuinbent Farm Worker was offered more responsibility has risen to the challenge and has settled well into his new role.
Farni admin and conservation was shared between a volunleer and conservation consultants.
In May we held our annual Plant Sale which achieved sales of £3.(XK). This avnount approximately cover5 the cost of the
materials used and at the same time provides valuable activity for the students, who spend time potting and caring for the
young bedding plants. As well as the plants they make wooden planter5 which are sold filled with bedding plant5 or empty
for customer5 to add their own plants.
Happy customers at our Plant Sale.
Page 5

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
During the Summer tem) the students were busy preparing for the Fann Open Day, which included making products to
sell, baking cakes and tending the gardens and ￿'11dlife areas on the fann. Disappointingly, heaNy rain dampened the day,
as we moved all activities inside. Although. attendance was lower, spirits were high and the event generated sales of
£2,000.
Summer Open Da), our Patron and his ilife ii'ith our Autism Director and CEO.
Happ). winncr at the OpeD Day ral'flc.
Page 6

PELNINYHOOKS FARM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
b} Educational opportunities and meaningful day to day work:
We offer specialist provision and take great care to engage people wilh a wide range of complex needs. The opportunity
to engage in real and purposeful practical jobs around the fami continued to grow. Activities included gardening, baking,
woodwork, tidying, craft and animal care.
ij
Students and their support staff watch the new bull arrii'e at the old cattle j'ards.
The Wildlif¢ group ¢ontinu¢d lo d¢v¢lop w¢ll, Ih¢ slud¢nts cngagc in a ￿l¢¢klY session in ficld work. the k¢¢ping of naturc
journals through plant and wildlife observaiions. Infra-red camcras installcd on thc farn] capturc ereaturcs such as badger,
decr, fox and oltcr movemcnts.
A 14'ildlifc Group M'alk with the National Trust Ecologi5tS.
Page 7

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
In April pupils (aged 12-14), from the Bloom Academy in Hong Kong visited the fann during the Easter break to carry
out field studies of the Pennyhooks land, as part of their Briiish History and Landscape course. They were led by Dr
Richard Lee who had previously carried out exploratory archaeological testing, finding the presence of diagnostic flints,
dating human presence to the Neolithic and Mesolithic periods over 60,000 years ago.
Students from Hung Kong on their Field Stud!..
Using quadrants to Count field flowers.
Page 8

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
e) Public engagement:
Our donkeys took part in the annual Palm Sunday procession at our local church. helped by some of our sthdents and
volunteers. We are very grateful to receive the collection from the service.
Other engagement with the local community Lqkes place at our Open Dajs w,hen we ivelcome about 600 visitors over the
3 events, who came to enjoy the fann and its surroundings as well as contribuling towards our fund-raising.
Pennyhooks donkeys on Palm Sundayy in our village.
d) Volunteers:
We continucd to wclcomc volunicers, from individuals to busincss groups. using thc opportunity for a team building day.
Help has providcd Tegular maintcnancc, gaTdening, tidying and decorating.
Regular volunteers also made a great diffeTen¢e in .%upporting us with practical job%, especially at weekends. About 40
volunteers of family and friends also provided vital support for our happy and successful Summer Open Day.
A volunteer group from Kier helping with the Open Da!" preparation.
Page 9

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
2. Raising awareness and understanding of ASC:
Our Autism Cenire Manager, Emma Masefield: conlinued her studies for her MEd into Autism, achieving a first for her
special S￿dY into the benefits of Pennvhooks Fann. "The Impacl of the Na￿ra1 Environment on ihe Well-being of Autistic
Adults" We are looking at how to utilise the interesl, and connect with people fi￿her, to help bring about help￿1
awareness and change in others understanding and approach to our students very particular needs and strengths.
We are contributors lo the Cambridgeshire Autism Action Group who seek to increase awareness and opportlmities for
people with complex Autism to gain work experience.
We continued to receive many enquiries and requests for support following the BBC documentary, 'Farming on the
Spectrum,. We endeavoured to respond ivhere we could and continued to review staffing options to accommodate and
facilitate additional S￿dentS.
Fundraising aCti￿tieS
The annual fundraising events generated just over £1 1.500 IT] sales and donations.
FINANCIAL REVIEW
Financial position
At 31 st August 2024 the charity held funds of £22,514 of which £21.159 were restricted.
FINANCIAL REVIEW
Reserves polic),
It is th¢ policy of the charity to mriintain its fre¢ reserves at a level to provide sufficient funds to cover management.
adrninistrdtion and support costs. Going forwards the charity would like to build up a level of reserves that would be
sufficient to cover its charitable objectives for a 3 month period should charitable income become short or be delayed or
deferred.
All funds rec¢iv¢d ar¢ assessed at th¢ point of receipt and allocal¢d io gen¢ral or r¢strict¢d ￿llds as appropriat¢. All
r¢siri¢l¢d funds unspeni during an a¢counling y¢ar will forn) a r¢slrici¢d fimds r¢s¢rv¢ and will only b¢ sp¢nt in accordanc¢
with th¢ r¢stri¢lion s¢1 upon lh¢ original r¢ccipl.
All general funds are free to be speni by ihe charity as seen fit by ihe trustees with the necessary reserves held in
accordance with the reserves policy. Any exceptional spending or capital expenditure will be thoroughly reviewed by the
trustees betore spending is carried out.
The reserves policy will be reviewed on an annual basis or sooner if external circumstances should dictate.
FUTURE PLALNS
As Tecorded in our annual achievements accounl. we are now engaged in developing our plans for accommodating
s￿dentS on site. Local Authority planning perniission has been granted to re-site our current cattle yards, their current
buildings to be converted for purpose built supported living accommodation for 5 individuals, with communal rooms,
kitchen, laundry, drying room and staff facility.
STRUCTURE, GOVERNANCE MANAGEMENT
Governing document
The charity is governed by its Articles of Association and is a company limited by guarantee, as defined by the Companies
Act 2006.
Recruitment and appointment of neiv trustees
The current trustees are responsible for the appointment of all future trustee5 who are appointed or co-opted under the
provisions of the articles of association.
As the charity develops the aim is to identify further potential trustees with expertise in areas such as the treatment of
autism, care farming, fundraising, financial and organisatlODal management. charitable work etc. to further the charity's
aims and objcclivcs.
Page 10

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
Elaine Boyd. retired chartered surveyor. was 0￿1Cla11Y appointed to the Board on December 11 th 2023.
Paul Gardner, retired manciple, was officially appointed to the Board on July 22nd 2024.
Organisational structure and decision making
The charity trustees are responsible for the general control and management of the charity. The trustees give their time
freely and receive no remuneration for carrying out their Irustee duties. One of the trustees recei￿eS remuneration for his
additional role of Farni Manager.
The trustees n]eet on a bi-monthly or quarterly basis to progress the aims of the charity and to support the Pennyhooks
staff, clients and progranune. During the pandemic the lrnstees continued to meet at least twice a month to help respond
to a continually changing 5]tL￿tion.
Emma Masefield continues to develop her role as Autism Centre Manager, especially following the increase in referrals.
A Psychology and Special Educational Needs Graduate, Mrs Masefield has been working in the field of Autism and
education since 1990 and has now gained her Masters degree, MEd Autlsm (Adults). Her extensive knowledge and
experience of the difficulties and strengths of people with autism spectwm condition have proved invaluable, having
worked with a wide range of children, young people and adults ￿h0 are on the spectrum.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Safeguarding Polic),
Pennyhuok5 FaTtn Trust consideTr% that abuse is a violation of an individual's human and civil rights by any other person
or p¢rsuns. The risk of being abus¢d depends upon the situation, the environment and the p¢ry)etrators, not on the
behaviour of victims. Many incidents of abuse aTe CTiminal offences.
Recognising that inequality, disadvantage and discrimination exist in society. we accept responsibility for ensuring that
all our vulnerable students regardless of Iheir eihnie origin. religion. language, age, sexuality, gender or disability have
¢qual opportunity lo a¢¢¢ss s¢rvic¢s and infonnation d¢sign¢d to prot¢¢l them from abuse and to promofr their w¢lfar¢.
Pennyhooks Farn] Trust has a robusi saf¢guarding wli¢y in pla¢¢ and as part of this ¢nsur¢s that all staff are DBS checked
and receive regular training. The training given includes health and safety training to maintain standards in line with i)ur
detailed health and safety and risk assessment policies.
Risk management
The trustees hai'e a duty to identify and review the risks lo which the charity is exposed and to ensure appropriate controls
are in place to provide r¢asonable assurance against fraud and error. The charity reviews both internal and exiemal risk
factors on a regular basis and these are discussed at the Irustees. meetings which are held quarterly or at a minimum bi-
annually. An annual H&S rew'iew is held with our consuliant.
All staff are trained and instructed to comn]unicate any risks or perceived risks to the charity in a timely manner so that
necessary controls and procedures can be implemented io reduce or avoid exposure.
The main Tisks to the charity and its activities are reductions in donations and government funding, the safe guarding of
the students, staff and families together with health and safety risks. Financial reviews are carried out monthly and
safeguarding and heaLth and safety policy and risk management is carried out daily. All new activities, staff and S￿dents
are assessed fully before they become part of the Trust's work and its activities.
Page 11

PELNLNYHOOKS FARM TRUST
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
Happiness ai Work
Page 12

PELNINYHOOKS FARM TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09931286 (England and Wales)
Registered Charity number
1166812
Rcgistered office
Appletree House
Pennyhooks Farm
Shrivenham
Swindon
SN6 8EX
Trustees
R J Hurford {re5igned 7.4.2025)
Ms E M Masefield (appointed 7.4.2025)
P E M Morris (resigned 26.2.2025)
K Lender (resigned 25.3.2024)
Mrs W Faux HM Forces Officcr
Mrs E H Boyd Retired Chrlrtered Surveyor (appointed I1.12.2023)
P C Gardner Retired Mancipl¢ (appointed 22.7.2024)
Mrs K M Clare (appointed 3.3.2025)
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Will Nixey
Martin and Company
25 St Thomas Street
Winchester
Hampshire
S023 9HJ
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to
small companies.
Approved by order of the board of trustees on 29th May 2025 and signed on its behalf by:
Hu
stee
Page 13

IIYDEPEINDENT EXAMlI%ER'S REPORT TO THE TRUSTEES OF
PENYYHOOKS FARM TRUST
Independent eiaminer's report to the trustees of Penn)'hooks Farm Trust ('the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 st August 2024.
Responsibilities and basis of report
As the charity's trnstees of the Company (and also its directors for the purposes of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounls of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligible for independent examination. I report in respect of my examination of your charity's accounts as carried
out under Section 145 of the Charities Act 2011 ('the 201 l Act,). In carying oul my examination I have followed the
Directions given by the Charity Commission ullder Section 145(5) (b) of the 201 l Act.
Independent examiner's statement
Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can conf￿￿
that l am qualified to undertake ihe examination because l am a member of the Institute of Chartered Accountants in
England and Wale5, which 15 one of the listed bodies.
I have completed my examination. I confirni that no matters have come to my atteT]tion in connection with the examination
giving me cause to believe-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
the aLLount.% do not aeLord with those recoTd%- or
the aL¢ounts do not Lomply with the a¢Lounting requirements of Section 396 of the 2006 Act other than any
TequiTen]ent that the accounts give a true fair vieiv which 1% not a mdtter consideTed a5 part of an ind¢p¢nd¢nt
exaTnindtion; or
the accoiints have not been prepared in accordance with the methods and principles of the StatemeTJt of
Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts
in accordance with the Financial Reponing Siandard applicable in the UK and Republic ofIreland {FRS 102)).
I hav¢ no concerns and hav¢ ¢om¢ across no oth¢r maiters in connection with the ¢xaminalion to which attention should
b¢ drawn in this r¢port in ord¢r io ¢nabl¢ a prop¢r und¢rsthnding of th¢ a￿Ounts to be r¢a¢li¢d.
Will Nixey
The insiilute of ￿arter￿1 A￿1)Unt￿ts in Fngland and Wales
Martin and Company
25 St Thomas Street
Winchester
Hampshire
S023 9HJ
29th May 2025
Page 14

PELNLNYHOOKS FARM TRUST
STATEIIIENT OF FINANCI.4L ACTIVITIES
INCORPORATING AN INCONIE AND EXPENDITURE ACCOUNT
FOR"I'HE YLAR EP4DED 31ST AUGUST 2024
2024
Total
funds
2023
Total
nds
Unrestricted
fund
Restricted
fund
Notes
INCOME AIND ELNDOWMENTS FROM
Donations and legacies
114,129
56,764
170,893
111,856
Charitable activitic5
Education of people with autis
315,693
315,693
273,184
Other trading activities
Investment income
11,925
79
11,925
617
11,687
201
538
Total
499 128
396,928
EXPENDITURE ON
Raising funds
31,053
4,833
35,886
33,333
Chxritable activities
Education of people with autism
433,728
55,501
489,229
421,103
Total
464,781
60,334
525,115
454,436
NET INCOME/(EXPENDITURE}
(22,955)
(3,032)
(25,987)
(57,508)
RECONCtLIATION OF FUNDS
Total fund5" brought forward
24JlO
24,191
48,501
106,009
TOTAL FUNDS CARRIED FORWARD
lJ55
21,159
22,514
48,501
The notes forni part of th¢s¢ financial statements
Page 15

PELNLNYHOOKS FARM TRUST
BALANCE SHEET
31ST AUGUST 2024
2024
Total
funds
2023
Total
nds
Unrestricted
fund
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
16,847
7,102
23.949
28,997
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
12
13
3JOO
10,903
405
3,300
10,903
93,198
2,680
9,952
36,419
92,793
14,608
92,793
107,401
49,051
CREDITORS
Amounts falling due within one year
14
(30,100)
(78,736)
(108,836)
(29,547)
NET CURRENT ASSETS
15,492)
14,057
1,435)
19,504
TOTAL ASSETS LESS CURRENT
LIABILITIES
lJ55
21.159
22,514
48,501
NET ASSETS
22,514
48,501
FUNDS
Unr¢sirict¢d funds
Restricted funds
17
lJ55
21,159
24,310
24,191
TOTAL FUNDS
22,514
48,501
The Lharitable Lompany is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 st August 2024.
The members have not required the company io obiain an audit of its fmancial statements for ihe year ended
31 st August 2024 in accordance with Seclion 476 of the Companies Aci 2006.
The trustees acknowledge their Tesponsibilities for
(a)
ensuring that the charilable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of ihe charitable company as
at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Seciions 394 and 395 and which othenvise comply ivith the requirements of the Companies Act
2006 relating to financial statements, so far as applicable to the charitable company.
(b)
The notes forni part of th¢s¢ financial statements
Page 16
continued...

PELNNYHOOKS FARM TRUST
BALANCE SHEET- continued
31ST AUGUST 2024
These financial siatements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trnstees and authorised for issue on 29th May 2025 and were
signed on its behalf by..
The notes forni part of thes¢ financial statements
Page17

PELNLNYHOOKS FARM TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitsble company. which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to charities preparing their accounls in accordance with the Financial
Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
CoLnpanies Act 2006. The financial slatements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement ofFinancial Activities once the charity has entitlement to the funds, it
is probable that the income will be receiled and ihe amount can be measured reliably.
Expenditure
Liabilities are recognised a5 expendittLre a5 soon as there is a legal or constwctive obligation comrnitting the
charity to that expenditure. it is probable ihat a transfer of economic benefits will be required in settlement and
the amount of the oblj(Fation can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all cost Telated to the category. Where costs cannot be directly
attributcd to particular headings they have been allocated to activities on a basis consistent with the use of
r¢50urLes.
Support Costs
Siippon costs are separnted from those directly Telaiing to the charitable activity. The support costs have been split
between management, financial and governance cos￿. The management costs relate lo tl)e ￿TageS of staff involved
in the overall functioning of the Charily and nol those carrying oui the charilable aclivity work itself. As soine
staff carry out mor¢ than one role it has b¢¢n d¢em¢d appropriat¢ to include 10 % of all staff costs as support costs
by the Trust¢¢s.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery
Fixtures and fittings
Office equipment
20 /0 on reducing balance
10/0 on cost
25/0 on cost
Stoeks
Stocks are valued at the lower of cost and net realisable value, after making due alloivance for obsolete and slow
moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricied funds can be used in accordance with the charitable objectives at the discretion of the trnstees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
ar15e when specified by the donor or when funds are raised for particular Testricted purposes.
Further explanation of the nature and putpose of each fund is included in the notes to the financial statements.
Hirc purcha5c and leasing commitmcnts
Rentals paid under operating leases are charged to the StatemeDt of Financial Activities on a straight line basis
ovcr Ihc pcriod of thc Icasc.
Page 18
continued...

PELNLNYHOOKS FARM TRUST
NOTES TO THE FINAP*CIAL STATEMEYTS- continued
FOR THE YEAR ENDED 31ST AUGUST 2024
ACCOUNTING POLICIES - eontinued
Pension costs and other post-retirement benefits
The charilable company operates a defined contribution pension scheme. Contributions payable to the charitable
company's pension scheme are charged to the SLqtement of Financial Activities in the period to which they relate.
OTHER TRADING ACTIVITIES
2024
2023
Fundraising events
Shop income
Egg sales
1,868
8,565
1,254
10,606
1,319
11,687
INVESTMENT INCOME
2024
2023
Deposit account interest
617
201
CHARITABLE ACTIVITIES COSTS
Direcl
Costs (see
note 5)
Support
costs (see
not¢ 6)
Totals
Education of peopl¢ with autism
451,731
37,498
489,229
DIRECT COSTS OF CHARITABLE ACTIVITIES
2024
2023
Staff costs
Rent and rates
Insurance
Light and heat
Telephone and computer costs
PostagJc and station¢ry
Sundry expenses
Pretnise maintenance costs
Daily communal cleaning
Sthdent activity costs
Open day costs
Food and rcfrcshmcnts
Sub-contractors
Livc8toek costs
Travelling
320,503
25,200
16,005
11,505
1,689
640
4,876
6,145
15,787
2,089
1,624
3,749
30,987
10,539
393
243,407
25,200
14,505
18,051
1,554
501
1,350
9,166
15,787
2,564
825
1,960
29,912
9,936
451,731
374,718
Page 19
continued...

PELNLNYHOOKS FARM TRUST
NOTES TO THE FINAP*CIAL STATEMEYTS- continued
FOR THE YEAR ENDED 31ST AUGUST 2024
SUPPORT COSTS
Governance
costs
Management
Finance
Totals
Education of people with autism
30,502
996
6,000
37,498
Suppon cotsts. included in the above. are as follows-
Management
2024
Educalion
of p¢ople
witli
autism
2023
Total
activities
Wagcs and administration
Professional fees
Depreciation of tangible and heritage assets
14,261
11,192
5,049
31,173
2,690
5,265
30,502
39,128
Finance
2024
Education
of people
with
autism
2023
Total
activities
Bank charges and interest
996
1,337
Governance costs
2024
Education
of people
with
autism
2023
Total
activities
Accountancy fccs
Independent ExatnineTS fee
5,160
840
5,100
820
6,000
5,920
Page 20
continued...

PELNLNYHOOKS FARM TRUST
NOTES TO THE FINAP*CIAL STATEMEYTS- continued
FOR THE YEAR ENDED 31ST AUGUST 2024
NET INCOMEI{EXPENDITURE)
Net incomel(expenditure) is stated after chargingl(crediting)=
Rent
24,000
Dcprcciation
5,048
Independent Examiners Fee
820
TRUSTEES, REMUNERATION AND BENEFITS
The trustees did not receive any remuneration or benefits for their roles during the year. R Hurford was employed
by the charity as teaching and support staff and was paid a total of £30,200 in the year. This role was carried out
independently of the trustee responsibilities and ivas Ca￿led out under an employment contract.
Trustee$, expenses
There were no
31 st August 2023.
trustees, expenses paid for the year ended 31st August2024 nor for the year ended
STAFF COSTS
The averag¢ monthly numb¢r of ¢mploye¢s during the y¢ar was as follows..
2024
2023
Teaching staft
Suppon siaff
Administrative staff
14
13
20
18
No employees received emoluments in excess of £60,0(K).
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unresiricted
fimd
Restri¢t¢d
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
109,855
2.001
111,856
Charitable activities
Education ol-people with autism
273,184
273,184
Other Irading activities
Investment income
11.687
94
11,687
201
107
Total
394,820
2,108
396,928
Page21
continued...

PELNLNYHOOKS FARM TRUST
NOTES TO THE FINAP*CIAL STATEMEYTS- continued
FOR THE YEAR ENDED 31ST AUGUST 2024
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
fund
Tolal
nds
EXPEINDITURE ON
Raising funds
33,333
33,333
Charitable activities
Education of people with autism
397,087
24,016
421,103
Total
430,420
24,016
454,436
NET INCOIWIEI(EXPENDITURE)
{35,600)
(21,908)
(57,508)
RECONCtLIA TION OF FUNDS
Total funds brouaht forward
59,910
46,099
106,009
TOTAL FUNDS CARRIED FORWARD
24.310
24,191
48,501
ii.
TANGIBLE FIXED ASSETS
Improvements
lo
property
Fixtures
Plant and
machinery
Office
equipment
fittings
Totals
COST
At I st September 2023 and
31 st August 2024
33,209
11,516
7,584
2,171
54,480
DEPRECIATION
At 1st September 2023
Charge for year
IlJ62
3J21
7.159
873
5,078
759
1,884
95
25,483
5,048
At 31 sl August 2024
14,683
8,032
5,837
1,979
30,531
NET BOOK VALUE
At 31 st August 2024
18,526
3,484
1,747
192
23,949
At 3 1st August 2023
21,847
4.357
2,506
287
28.997
Page 22
continued...

PELNLNYHOOKS FARM TRUST
NOTES TO THE FINAP*CIAL STATEMEYTS- continued
FOR THE YEAR ENDED 31ST AUGUST 2024
12.
STOCKS
2024
2023
Stocks
3,300
2,680
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trad¢ dcbtors
Prepayments and accrued income
10,403
500
9,452
500
10,903
9,952
14.
CREDITORS: AMOUNTS FALLING DUE WtTHIN ONE YEAR
2024
2023
Bank loans and overdrafts (see note 15)
Trade LreditOTS
Sucidl security and oth¢T L￿¢S
Accruiils (ind deferred inLom¢
7,336
7,493
9,307
84,700
19,003
5,504
5,040
108,836
29,547
15.
LOANS
An analysis of the maturity of loans is given below:
2024
2023
Amounts falling due within one year on demand:
Bank overdrafts
7,336
16.
LEASING AGREEMENTS
An operating lease exists for the property rented by the charity to carry out its activities. The annual rental charge
is £24,OW and this is set to conlinue until sucb a lime that the property owner or Trustees wish for It to be reviewed.
Page 23
continued...

PELNLNYHOOKS FARM TRUST
NOTES TO THE FINAP*CIAL STATEMEYTS- continued
FOR THE YEAR ENDED 31ST AUGUST 2024
17.
MOVEMENT IN FUNDS
Net
movemenl
in funds
At
31.8.24
At 1.9.23
Unrestricted funds
General fund
24JlO
(22,955)
1,355
Restricted fund5
Restricted fund
24,191
(3,032)
21,159
TOTAL FUNDS
48,501
(25,987}
22,514
Net movement in funds, included in the above are as follows=
Incoming
re50UTces
Resources
expended
Movement
in funds
Unrestricted funds
General fund
441,826
(464,781)
(22,955)
Restricted fund5
Rcstrictcd fund
57J02
(60J34}
(3,032)
TOTAL FUNDS
499,128
525,115
25,987)
Comparatives for movement in funds
Net
movement
in funds
Ai
31.8.23
At 1.9.22
Unrestricted funds
GcncrLI1 fund
59,910
(35,600)
24.310
Restricted funds
R¢stri¢l¢d fund
46,099
(21,908}
24.191
TOTAL FUNDS
106.009
{57,508}
48,501
Page 24
continued...

PELNLNYHOOKS FARM TRUST
NOTES TO THE FINAP*CIAL STATEMEYTS- continued
FOR THE YEAR ENDED 31ST AUGUST 2024
17.
MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows=
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
394,820
(430,420)
(35,600)
Restricted funds
Restricted fund
2.108
(24,016)
(21,908)
TOTAL FUNDS
396,928
454,436}
57,508)
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
At
31.8.24
At 1.9.22
Unrestrictcd funds
Gcncral fund
59,910
(58,555}
1.355
Restricted funds
Restricted fund
46,099
(24,940)
21,159
TOTAL FUNDS
106,009
83,495}
22,514
A current year 12 tnonths and prior year 12 months combined net mol'etnent in ￿nds, included in the above are
as follows..
Incoming
r¢sourc¢s
Resources
expcndcd
Movement
in funds
Unrestricted funds
General fiLnd
836,646
(895,201)
(58,555)
Restricted funds
R¢stri¢t¢d fund
59,410
(84,350)
(24,940)
TOTAL FUNDS
896.056
979,551)
83,495)
Page 25
continued...

PELNLNYHOOKS FARM TRUST
NOTES TO THE FINAP*CIAL STATEMEYTS- continued
FOR THE YEAR ENDED 31ST AUGUST 2024
18.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 3 Isi August 2024.
19.
OPERATING LEASES
An operating lease exists for the property rented by the charity to carry out its activities. The annual rental charge
is £24,000 and this is set to continue until such a time that the property owner or Trustees wish for il to be reviewed.
Page 26

PELNLNYHOOKS FARM TRUST
DETAILED ST.4TENIENT OF FINANCIAL.4CTIVITIES
FOR THE YEAR ENDED 31ST AUGUST 2024
2024
2023
IIYCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
169,428
1,465
106,485
5,371
170,893
111,856
Other trading activities
Fundraising events
Shop in¢om¢
Egg salcs
1,868
8,565
1,254
10,606
11,925
11,687
Investment income
Deposit account interest
617
201
Charitable activities
Stud¢nt in¢otne
315,693
273.184
Total incoming resources
499,128
396,928
EXPENDITURE
Other trading activities
Livestock costs
Cost of materials
Labour costs
4,949
6,878
24,059
3,912
5,362
24,059
35,886
33,333
Charitable activities
Wages
Social security
Pensions
Rent and rates
Insurance
Light and heat
Telephone and compuler costs
Postage and slationery
Sundry expenses
Premise maintenance costs
Daily communal cleaning
Student actiN'ity costs
ca￿led fonvard
293,194
19,785
7,524
221,880
17,202
4,325
25,200
14,505
18,051
1,554
501
1,350
9,166
15,787
2,564
332,085
16,005
11,505
1,689
640
4,876
6,145
15,787
2,089
404,439
This pag¢ does not forni part of th¢ statutory financial slal¢m¢nts
Page 27

PELNLNYHOOKS FARM TRUST
DETAILED ST.4TENIENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST AUGUST 2024
2024
2023
Charitable activitie5
Brought forward
Open day costs
Food and refreshments
Sub-contractors
Livestock costs
Travelling
404,439
1,624
3,749
30,987
10,539
393
332,085
825
1.960
29,912
9,936
451,731
374,718
Support eosts
Management
Wag¢s and administration
Professional fees
Improvements to property
Plant and machinery
Fixtures and fittings
Computer equipment
14,261
11,192
3,321
873
759
96
31,173
2,690
3,321
1,089
759
96
30,502
39,128
Finance
Bank charges and interest
996
1,337
Governance Costs
Accountancy fees
Ind¢p¢nd¢nt Examiners f¢¢
5,160
840
5,100
820
6,000
5,920
Total resourccs cxpcndcd
525 115
454,436
Lyet expenditure
25,987
57,508)
This pag¢ does not forni part of th¢ statutory financial slal¢m¢nts
Page 28