Cbarity registration number. 1175106 The Plaister Charity Annual Report and FiDan¢iai Statements for the Year Ended 31 Mar¢h 2025
The Plaister Chartty Conlents (eontinlled) Refer¢nce alld Adninistrativt Ddai]s Tru5tee5' Report 2to5 StateD]ent of TNstees' Responsibilities Independe EXa]n&S Report Statetnent of Financial Activiti¢s Balanc¢ Sheet Noles to tb¢ Financi Statements IOto22
The Plaister Chnrity Reference alld Administrative Details Trnstees T Betts M Tindall J M 11]ingworf 4 Coly Road Colyton Devon EX24 6PU Priiitipkl Office ChArity ReEiStr4tion Number 1175106 Sulicitorj Gardlltr Leader Ivhite Hart Howse 20-24 Market Place ewbury Berkshire RG14 5BA Bankers The C(x>perdtive Bat 1&17 Efigh Street C.ardiff CFIO IAX Accountants UHY Ross Bke 16 Dorcan Business Vi1198¢ Mithk Road tknrcan Swindo Wiltshire Page I
The Plaister Charity Tntees, Report The truste¢$ pres¢nr the annual report together with the finon¢iAI slatements of the charity for th¢ year ¢EEded 31 Marrh 2025. ObjertRve8 and aetivitEes ObjeL*s Th¢ objects of the CIO are: l) To relieve sufferill8 of Crabbet Arab Horses ncrd of care and attentii)ll by providiEVd or assistiD8 in thc eption. treaknent. care and rholrtg of sueh hotses. 2) To educat¢ the public in the cart, treatojeut #od breeding of thorvughbred Crabbet Arab Horses. 31 To encourage. promote and improve tbe judi¢ious breeding of Crabb¢t Ab Horses to ensure the preservation of th¢ breed for the public benefiL tn ttillg tsllr objectives and plamiing our activities thc trU$te¢s hav¢ given Lxreful LY>nsideration to the Charity ComllLiSSiOll'S public beneftt guidance. Public benef To relieve sufferitto of Crabbet Arab Hor5e5 in need of care aDd attention by pv)viding or a5SlSting in the r¢¢¢ption, treatmellt. care 8Th1 lm)MIng of such hotses. To educate the public in the car¢. treatment and breeding Df thoroughbr¢d Crabbet Arab Hortes. To eucourage. promote and improve tht judici0$ breeding of Crnbbet Arab Horses to ell5ure thc presemtion of th¢ breed for the publi¢ beDefrt. Th¢ trustees confm that they hav¢ o)mplied with the rtquirem¢nts of sectioll 17 of the Choritie5 Act 2011 to ha¥¢ thie r¢gth to the public benefit guida¢ published by the Charity Comnission fOrEgI8]Id aDd Wales. PAge 2
The Plai8ter Cbarity TnL8tees' Report {¢ontinued) Achi¢YetneDts and performllfe l. Il'clfare c5 aDd loans The number of welfare c&ses has refflailled consistent thmuBhout the year. From Mar¢h 2024 to March 2025, the ¢harity has accepted the IK>rsc Silver Sunlight. fiom a pri owller. 2. Truste¢ Ch¢S In December 2024 three new Trustees We appoinlL In Febnwy 20?5 the three existitxg trustee5, submitted tlieir resignation5 whicb werc forriJaJiKd tll Max¢h 2025. 3. ArLioLs uTrd¢rtakett by the New TTslee$ a. Living Accommodation Compliaoce Th¢ Trustees have reviewed the livin8 accomrnodatioD for the Stud Managtr to rusure full wrnpliance witl) all relevwt regulallOIIS. b. Horse A55essment for the Heritagc Breeding Programme An indep¢nd¢nt assessment of all horses within the charity c(>[uc[cd to ensure that only the high¢st qllality horses are used the heriTag¢ br¢eding programme. Thi5 wessmenE carried out by Arabian horse experts and rtspe¢ted judges, aims to maxinuse the likelih<)od of producing qu21ity stock to represellt the breed in the futur¢. . Prornotion of Stallions The charity has a¢Tively prOted its best stallioD5 to extern breeder5 at a reduc cost to encourage wider use and miutsiTk valuable bloodlines. d. Opeiztional Efficiency and Staff CotDmUrtication R¢portlllg lines have be¢Th updata to ItpVe 5tsff coJntDUDECtl0 and ensure a nre ¢ffi¢i¢nt us¢ oftime ond sources. . Asset iieview and Financial Strdtegy Th¢ Twste¢s have revi¢w¢d all charity their financial viability gnd ttie level of Trustee volvtment required. Key filldIn in¢lude'. . Invesknent Properties.. The properties are & dettriornting Set rtquiring sigllificaTht Tntste¢ iDput and externaI anage¢t expEn5e. They are timeconsllmin8 to man8ge and do not provide the best fanCial retum. Conseqiiently. the charity has decided to sell its investment property )rtfolIO &s 5(K)11 &s rK)5sible. . Vintage CarJ'. The charity owns six vintage carwfour ate o* 108D to a Derbyshire, while two ranain itt stora¥¢ aT the fami, where tbey are deteriordting. The Tru5trtes have decided to realise the v¥iue of thes¢ assets atMI reiovest the funds into new facilitie5. f. Stud Facilities and Location tieview The Trust$ have reviewed the Cutrent facitities 8t kution of the stud tt) assess its long-temi suitability for the charity's needs ad security given the p(y)r styte of the blltldiags and its r8ther hidden location. Tb¢ TFu5teeg witl ¢VlIate an alternative localion for the ¢lLaTity and Ihe meoDS by this may bappen. g. G0ven(e Review The Trustees have rcviewed the ¢harity's obje¢tives and the CIO'S constitution in accordance with best pr8¢tices Tecommended by the Charity Commhssion to ensure alignmeThi with th¢ ch2rily's missiDn and long-lerni sustainability. As & result The Charity Narne will be UpdCl togdher with its chatitabl¢ objeffliv¢s aod Con5tihition to better rtllect the chariti¢s work. Pa8e 3
The Plaister Charity Trustws, Report (CODtinued) Plans for futllTe perio&8 Ains andkry objecdveYforfuMrerLod5 l. Review and Update Iwelfare PolÈcies. . We wll review abd update our existing w)licies on welfare. b. Independent breed experts hav¢ eontiibuted to shaping our firture breeditig programm¢ and these changes will be irnplemented starting th6 year. C. If necessary, we will incorporate outsid¢ stallioJL5 to en%vre the best 8eneÉie matches for our broodmares, promoting dIVeily and strengthetking the gen¢ pool. 2. Support for Small Brerde¢s We will Dffer support artd Ert¢oitragement lo small br¢¢ders by PTovidillg reduced swd fees to assist their breeding programmes. 3. Clwity Renaniing . We will renarne the charity so it 15 more suitable. b. We Mill update the chariiable obJ1veS for clartty and better refie¢i the activities of the ¢harity. . We wiLi updw¢ the Coostitytion of the Charity to ensure it is fit for purpose for the firture. 4. Ntw Charity WEbsite The charity hag t]ever had a w¢b$iie. We will be launching a new website that: a. Provides iThforrnation about out activities, b. Showcases the stories of all our horses. c. Includes a rFall¢ry of photQ8raphs d. EtLCgurases finirteial siipp)rt and donations. 5. So¢ial Media Expansion . Wr will launLh a new Facelx)ok page to prvnMTrie (Mrt activities. thjgage with our audience and invtle feedback 6. Re-knoming Programm¢ & We will launch a slmdured re-boming programme for suitsble IK>T5¢5 to enstsr¢ th¢y find appropriate long-term homes. 7. Promote the Crnbbet Arabion in Comp¢tition a. W¢ will increase our p8rti¢ipation in competitions to iaise the profile of Crabbet Arnbians b. Where appropriate we will place horses on loatl tt> perfomiante homes to enhall¢e their visibility and showcase their upabilities. 8. kelocatiDg the Charity to a new venue: W¢ will move to a location that better serv&8 our objeciivu and offers: . Improved accessibility for sTOr$. b. Etthanc¢d fa¢iliti¢s for hornin trdining attd br¢eding Crdbbet A]Ebians. . An arena io provide high*IlIty trainillg facilities. A Heritage Celltre. to hous¢ higtorical treaS{eS alld art¢fa¢ts lated to the Crnbbet Arnbian ¢. Areas for prescntation5 and edu¢ationg] talks on the bree4ls history and si8nifieance. f. Space to hosl ¢ompetitive eveiits. illcreasing expx)sure al engaging youThger generations. 9. Increased financial 5UPPQrt and Public Fwgemellt We will actively encourage fancial supwrt b$1¢55 and the general public by max11$1ng visibility. Page 4
The Plaister Charity Trustees. Report (continued) Strnetsr& gov¢rnant¢ 4nd mgn8gemeDt IV(re ofgoverning doeumeNI On Ilth O¢iober 2017 The Platster Charitable FouTLdation was registered os & Charitable Incorporated Organisation ICIO} who's only voting oi¢mkrs 8re its chtitity trusiees. The charity is governed by its Consiitutioij, dated I Ith October 2017. Recruilmenl thAdappLR1&ryt0fMSle£¥ Nomination5 for Trustee pt)sitioDs Shall be pmp)s¢d and seconded by membern Nominations tnay be made at any timE pritsr to the commenceDtent of the AGM or during the AGM provided the nomin¢e is pr¢seTrl. OrgapAiSt71tonolsir4cfr4re The nwagem¢tst team consi5Ls of 3 trustees and the farm maoager. The trustees have weekly oniitte meaiDgs aDd regular contaci with the Farm Monager. Comtnunication also takes place through fiEqllent anails aDd telephone ¢oftvewtions. Deci5iO]LS nced to be nMd¢ by a quonm) of trustees &8 iDdieated in the Constltulion. The annual report wgs appv)ved by the trustees of tbe chaaty on .................... and s]ed Qll its behalf by.. Tindall Trustee Page 5
The Plaister Chartty Stat¢rnent of Trllstees, RPonSibl11e8 The trustees are resp0Th5ible for preparin8 the trLL8tees' pOrt and the financi&l 5taterneDts in accordaCe witb the United Kingdom Accouniing Statldards (UThited KtDgdom Gellernily Accepted Accounting Pra¢ti¢el and appliGable law and regulatiolls. The law applicable kn ¢baTiti¢s requires the IteeS to prepare finaDcial 5tstements for each financial year vAiich give 2 (rne and fr view of the stOt¢ of affairs of the charity and of thc incotnÈng resources and application of r¢sources of th¢ ¢kn8rity forthat period. In p¥eparitLg th&%e financial stat¢ments, the tnte¢S required to". select suitable accouthing licleS and then apply them CODSLStentiy' observe the methods alld principlts in the Clwities SORP. ake judgements aijd eslKmates that are re&8onablE aud pruden¢ state whetber appli¢able accounting standards have been followed subject t() any rnateri departures disclosed and explain¢d in the financial 5tatemeots; and prepaw the fAnanciai stalernents ou the goÉn8 coDcuu basis unless it is inappropriat to ptYsum¢ that the char&ty will continue iii busines5. The trustees are r¢spoThsible for keeping PTopeF accoutrting records that disclose with re&sDnable accuracy at any tim¢ th¢ fitMn¢ial positioo of the ¢h8riry and enable them to ¢DSufE that the financial steellts conply th¢ Charities Arf 2011. the Charitie5 IAcc(kunts 2nd Rewrts) Regulations 2008. and the pr0Tr75ions of th¢ constitut0. "I'he trustees are also respoDsible for safeguarding the &s5ets of the ¢harity aud hellce for taking reasonabl¢ steps for the prevention athd detection of fiaud and other irregularities. The truste¢s are responsible for the tDaint¢nance aDd imegtity of th¢ ¢orporate alld lanCial inforniaiion included on the ¢haritable company'5 websii¢_ Legislation goY¢rnirtg the pr¢par3tion al disseminaÉion of rinaD¢iai statements tnay differ from l¢gislation other jwisdictiOn5. Approved by the tn]slee5 of the charity on ................. .. and st1¢d on its behalf by: M Tindall Truste¢ Pw6
The Plaister Charih- Independent E¥aminer's Report to the trustees of The Pl8iSter Charitv I report to tl)e trustees on my e.Kaminaithon of the a¢¥ounis ot The Plaister Charity for the y¢ai tnded i l NlarLh Respon5ibilitie5 alld basi5 of report As Ihe charttv triistees of The Plai5ter Ch3ritv you are responsible for the preptIon of the aLCOUlits in accordaiice with the reqiiiremenis ot the ChaTlties ,4¢t ?0 I I I'the .lei-i. report in respect of e¥ainination of the The Plaister ChaTity'5 accoun15 Larried out under seiiion 145 of Iht ?011 .4¥t and iii Larryit)t) Okli my e.xamtnation I liav¢ fi?Ilowed all the applicable Dirtitii?ns ¥iN'en by the Cliari Commission und¢r seLtIDn 14515xbi ol Ihe.4ct. Independent examiner'5 Statelnent have cvmpleted my exaininaiion. I coiitirm that no rnaterial matters IiLive conie to mv attention in conne¢iton iih tlie txaTnilialioii gi}ng me cause to belieN'e that iii anv niai¢ital respect.. accountiiig records iv¢r¢ not kept ii) respect of The Plaisier charit as reqiiired by sectioii lio of th¢ .4¢t- or 2. the accoiints do rtoi a¢cord with those record5'. or the tcc(Iiiiiis do iiot complv with the a¢¥ounting reqLiiremenis coiicerniiig the totm and ¢oni¢nt of 2ccounis set out in the Charities l.Iccounis aiid Report51 Regiilaiions ?008 other Eliiin aiiv requirtment thai ilie accouiitS U1.¢ a 'true and lair wiew, ishiih is not a rnatt¢r Lon91dtrtd as part of ali iiidtp¢nd¢nt examinatio. I have no concems and have Lon)e aLross iio other matters in oonne¢iion 1th the exnination to which attention sl)ould be drai1] in this rtport in oid¢r Iv ei)able a proper iinder5tanding of th¢ ttcLounis to be reachtd. LHI- Rosq Brooke 16 Dorcan Bu5ine55 Villa¥¢ lurdoLk Road Dorcan Swindon 'iltshire SNJ 5HI' Dale.. Page 7
The Plaister Charity Statement of Finakncial Activities for the Year Ended 31 March 2025 Totsl 2025 UrestriCted Note Income ind EDdowineDts from: Donations and legacie8 Invesljllt incotne Other income 3,854 1613)2 3.854 162,352 2,840 Total incorne 169.046 169.046 Exp¢nditllr¢ on: Cbaritable activities Oth¢r ¢xpellditwe (45.7741 204.4201 145,7741 (204.4201 Total expendiluTe Gain&lioss¢s on inYe5trneDt assets (240.1941 (250.194} 7.313 Net m(Trv¢ment in fid8 (73.835) (73.835) Recon¢iJi#tion of fllnds Total fiulds broUt forward 4.66J,446 4,663,446 Total funds Carried forward 18 4.i89.611 UMrestri¢ted fuads 4,589,611 Total 2024 Note Ineome 9Dd Endowrnets from: t)onations and legacies IiiY¢stment income Other income 600 158.185 6.649 600 158,185 6,649 Total income 165,434 165.434 Expenditurn oll: ctLarJtable a¢iiwiti¢s Other expenditure 157,307) {2l9.224) {57,307) (?19,2241 Total expendituly Gainsl]osses on investtnent as8¢ts (276 J31) 60.OB7 {?76.5311 60,087 Net expenditskr¢ (51.0101 51.0101 N¢t mov¢ment in fund5 (si.0101 (51.010} ReconciliatioD of funds Total fund5 brought forward 4.714,456 4.714,456 Total fial carried foEwrd 4,663.446 4.663,446 AU of the Charity's activitie5 derive from Continuing operations during the th>ve n¥0 pertods. The fimds breakdown for ?024 is shown in note 18. The not&8 on 10 to ?2 form 2n inte] part of these finaDciai stat¢m¢nts. Page 8
The Plaiser Charity (Regiitration number. 1175106) Balance Sheet as at 3A March 2025 2025 2024 Note Fixed Assets Tangible assts Investments ,48? 482 3.0?4,016 1.505,968 3,091.70J 12 4,406,498 4.597,671 Current Issets Sto¢ks Debtors C8th at bank al in halld 13 14 15 84.770 10,521 38,402 E33.693 84,770 7,895 41.602 134267 Creditors: falling due within ODe y¢ar 16 50.580) {68,4921 Net currellt Assets 83.113 65,775 Net assets 4,589,611 4.663,446 Funds ofthe charity: Unrestricted incojtte funds Unrestricted fvnds 4,589.611 4,663.446 Total fullds 18 4,589,611 4,663.446 The financial statcmcnts on pages 8 ts 21 were approved by the trustees, and auth0ri5ed for issue On . and signed on their behalf by-. M Tin(iall Trustee The notes on pages 10 to 2? ftsrnj an integral part of these fmancia] ststelllentg. Pa8e 9
Tbe Plaister Charity Notes b) the Financial Statements for the Year Ended 31 Mar¢h 2025 l poliaes Statemert of complian¢e The fu)ancÉd statements have been preparEd in a¢tordance AcciM]nting aDd ReFK)rtillg by Charities". Siatement of R¢c(>mmended Practice applicable to charities pttparing their accounts in accordance with th¢ Financial RertIng Standard applicable in the UK and Republi¢ of Ireland IFRS 102) (effrctive l JUry 20151- (Charitie5 SORP IFRS 1021), the FiDanchai Reportillg Standard applicable in the UK and Republic of IrelaDd IFRS 10?) and the Charities Act 2011. The comparatives were auditrd in 2020. Basis of preparation The Plaister Chuity m¢et$ the defmitioTh of a public benefii entity under FRS 102. The accounts {finatLcial sratements) hav¢ been prepared under the histori c4)St conventi1 with items reco8lliStd at cost or trallsa¢tioii valuc utLiess otheTWiS¢ Stu¢d in the releyani 1¢{5) to theie xeounts. Going Concern The tru5te¢5 consider that there are material uncertaÈDties ai¥)ut the cho5iry's ability to eontinlle &s a going concern. tllcome 4nd endowmeDts Voluntary income includig donations. gilts, lega¢ies and grants that provide core fundi or ar¢ of a generdl 3re is recognised wben the chaThty has en[1¢meI to the inLxxne, it l5 Probable diat the income will be received and the aM0t caD be ftJtasllred with suffi¢ieibt ieliability.. DorifjliO tynd I¢18% Donations artd legacies are recOlSed on H rtceivable basis whell receipt 15 probable and thr amouttl cah be reliably ine8sur¢d. Inves¢mearytinCOFNe Dividends are reCols¢d once the dividend ha8 beell declared and noiifiation h&s been rw¢ived of the dividend due. Expenditmre All ¢xpenditure 15 reco8nised once there i5 a legaj or n$tCtiVe oblig&lioD to that expenditure. it is probable settleinent is reqLLired and the amount call be measured rtliably. All costs are allocated to the applicable expenditure heading that aggwat¢ similar costs to that category. Vlhere costs c2llnot be directly attribiited to particular headings they have beell aUocat¢d on & b&sis con5islent with the use of resource4 with central sthff costs allocated OD the basi5 of time 5pen¢ and depreciation charge5 ¥4lloc8ted the portion of the asset's use. Other support cosLs are allocated b&5ed oll the spre8d of $tsfFcosts. Charitsble ¢xp¢nditure comprtses those costs ill¢UTred by the ¢harit>' in the delivery of its a¢ttvities aAd services for its benelityiaD¢s. It Èncludes both costs that can be allocated dirttdy to sucb &ctivitie5 aDd those costs of at] indirect nature necessary to supw)rt them. Page 10
The Plaister Charity Notes to the FiAAneial Statements for the Year Ended 31 March 2025 {colltinued) Governance costs These include the costs attributsble to the charity'5 COllLpll¢t with consiitlltional and ststtrtory reqllirements. includin8 audit, styategic TtWJa8eMt aod tnLStces meetin8s and reinLbursed expenses. T#xatio The charity is considered to pw the tests set in Pardgrdph I Scbedule 6 of the Finan¢e Aci 2010 and therefore it rneets the definilion of a ¢harit8ble compan) for LIK con>0]0ll t&x purposes. Accordingly. the charity is potentially exempt frotn t&xation ill respect of iowme or ¢apital gains e1Ved within catcgories Ye¥¢d by Chapter 3 Pbrt I l of the Cortxjrdtion fax Act 20IO or Section ?56 of th¢ Taxation of Clwgeable Gains A¢1 199? to the ¢xi¢nt that su¢h incom¢ or g2iTrs are applied exclusively to ckaritabl¢ putPOS¢S. TAngible fixed assets [Thdividu fiyed assets costing £250 or nwe att irritially recorded at CO le55 any subsequent cumuLated depreciation and slibsequent accumulated impaimtnt losses. epreciation and irnortisation Depreciation is provided on iaTrgiblE fued a55ets 50 a5 to Frtite off the ¢tsst or Valuatio less any ¢StiAted residual value. oyertbeir ¢xpeclcd efill economic life &) follows: No depre¢iation is ¢harg¢d oa Cl&ssi¢ cars or Land and buildings due tothe bigh rE5idual value of thes¢ assets. Asset class Plani and Mxhinery CIHssic ca Fixtures alld fittings Land and buildiiigs D¢preciation nthod rte 25°A Straight line 150/• thight bne Jnve5trt]ent propertiQ8 lllvestmcnt propertiEs are carried fair value, derived frotn the current market prices for coDiparable re estate deterlliincd aulli]I¥ by external vaiu¢r5. The valuers use observable rnet pri¢es, adjusted if necessary for any difference ill the nature, locatioll or cotldition of the speethc Cbanges ift fair value are recognis¢d in profit or loss. Fixed Asset investnlents Fixed &85et investments. other than programe related investmertty ott inclvded at mthet vlle at the bajanee she¢t date. Rcalised gains arÈd losses on invtsth]ents are cajculated a5 the diff£rettce bets¥een sales pr(xeeds and their market value at the stsrt of the y¢ar. or Eh¢ir siibsequeDt cost. and are chargd OT credited the Statement of Finamcial Activities in thr riOd of disposal. Unrdised ¥ains and losses repiesent th¢ movement iD market value5 during the year aAd are ¢r¢th"t¢d or charged kn th¢ Statement of Financial Activtii¢s based on the vaille at the year end. Cx$h and Cgsh equivalents Cash alld cash equivHJents comprise cash on band and ¢¥ll deposirs, 8nd other short-terni highly liquid investtnents that are readily convertible to a known amount of wh and a SbJeCt to an lilSificallt Fisk of change itj vallle. Pagell
The P]ai8ter Charity Notes to the Financial Ststements for the Year Ended 31 March 2025 (continued) Trade Creditors T]Bd¢ Gr¢di¢ots are obligations to pay for gLk)ds or services that have been acquired in the tsrdinary course of tsperatiolls from supplÈus. Accounts payable are classified as cunt liobilities if the ChIty does not have an Iillconditional right, at the end of the r¢yTrrtin8 period. to defer settle¢1 of th¢ creditor for at least twelv¢ months after ih¢ reportitkg date. If ther¢ is an uncoDdttional right to defer settlement for at least e1ve rnDllths afttr tht lErting date, they are presented as non•current liabilities. FuDd structure Unreslricted income funds are general filnds thal ar¢ av8ilabl¢ for use at the tN$tees disctEtiOD in rtherallCc of the objertiV¢5 of the charity. Pa8e 12
The Plaister Chirity Notes to the Financial StateLneJJts for the Year Ended 31 March 2025 (eontinued} 2 Income donmtiovs gnd l¢yties Unrestricted luDds Gener41 Total 2025 Totsl 2024 Don&ions and legacies. DOnatioS from individua]s 3,854 3,854 3.854 3.854 3 invegtmeni income ulestriCted f[d8 Totsl 2025 Totsl 2024 Income from reni$ llllere5t receivable and SIlIar income. Ini¢rest receivable on batlk dewk5its 162.025 162,025 156,989 327 327 1,196 169.352 162352 158.185 4 Other ineom¢ Total 2025 Total 2024 General fee5 Subsidy incotne Sale of livesto¢k 2.190 650 1,140 2,509 3,000 650 2,840 6,649 Page 13
The Plaister Charity Iyotes to the Finantial Ststements for the Year Ended 31 Mareh 2025 (continued) 5 ExpeDditure on ¢harAt*ble aetiyitses Artivity Support rosts 202$ 2024 Care for Cabbet Arab hor5 40.960 4,814 40,960 4,814 52,989 4,3 18 57,307 Accountan¢y- govemance 45.774 45,774 Page 14
The Plaister Charity Note8 lo the Financial Staten)ents for the Year Ended 31 M4reh 2025 (continued) 6 Other expenditure UnrL8¢ricted Totsl 2025 Totsl 2024 Gelleral Siaff costs PensÈon costs Wag¢s and salaries Casual wage5 Staff trailling Tr&v¢l and subsistence Rent alld rgLtes Ligbt, h¢at and WEr Repairs and al1)tel¢t Telephone and fax Printing, postsge and stationery Trade subscriptiODS Sundry expons¢s Cle&ning Motor expeAses Mattllgemellt fees Bookkeeping {Profii}IIos8 on disposal oEtsll8ible &ssets Insuran¢¢ D¢prEciation of plant and Chinery Depreciatioii of fixtures and fitti0 D¢preciatioti of otyiee equipment Legal aud profes5ionaL fees Equipineirt repai and renewals COmpet software and Tr)aiTht¢nznce costs Advertising Bad debts ThTitteD off 232 61635 1.410 1.122 1,041 7J78 6.093 13.747 308 232 62,635 1,410 571 43.182 1,370 .041 7,378 431 10,082 5.355 65,130 264 339 13,747 308 462 622 946 300 4,346 21,209 1.815 462 622 946 300 4.346 21209 1.815 625 545 418 1,870 21,509 1,938 263 L4.685 5,637 28.582 639 6,918 4,596 80 285 3.9lO 19.736 3.242 30,112 757 18.55? 19,736 30.112 757 L8,552 5.640 2.625 2.625 204,420 204,420 219224 Pw15
The Plaister Charity Not&¥ to the Financial S¢atements for the Year Ended 31 March 2025 {contillved) 7 Analysis of governance 2nd support costs GovernAll¢e ¢osts Ullre5trieted ruDds GelleThl Totsi 2025 Tot#1 2024 AccoiintaD¢y fees Accountancy ftts 4,814 4.814 4,318 4.814 4.814 4.318 8 Trustee8 remuneratiou and ewses During tlie year the charity the following transactioS with trnstees.. E M Bower £2,701 (2024.. ENil) of expr5 we Teimbur5ed to E M Bower during the year. AJJKing £2,46i (2024: £KIl) of exprDses were reirnbur5ed to A J J Killg during the year. No trust¢es, nor any per4ot]s conlle¢ted with then4 have received any remun¢ra¢ion from tbe cbarity duritig the year. No trustees have received any other benefits from the cbarity during th¢ year. Pag¢ 16
The Plaister Charity Notes to the Financial StatemeDts for the Year End¢d 31 March 2025 (eontinued) 9 Staff eikqts The a88regate payroll costs were as fi)Ilows: 2025 2024 Stgff rosts during the year weTr: Wages 2nd salaries Pension costs 62.635 232 43.182 571 62.867 43,753 The monthly averdge llumbtr of ptr50ns (including senior mauagement team) employed by the charity during the year expressed as fidl time equivalents was as follows: 2025 No 2024 No Employees No ¢mploye¢ received emoluments of more than £60.1)00 durin8 the ye Page 17
The Plaister Charity Notes to tbe Financial Statements for the Year Ended 31 March 2025 (continu¢d} 10 Tix#tion The charity is a rtgistered charity and is therefore ex¢rnpt fNJtTr taxation. 11 Tgngibk fjxed agsets IAnd 4nd building5 FDrntture equipment Cl•ssic cars Totll Cost At l April 2024 Additions 1.139.018 9.010 225.814 1,615 252,IK)O ,616,832 10,625 At 31 March 2025 1.148,0?8 227.429 252,000 1,627,457 Deprecilltion At l April 2024 Charge for the ycar 110,864 110,864 At I l Marcb 2025 144.975 144.975 Net book value At 31 Ma 2025 1.148.028 82.454 252.000 1.482.482 At 31 March 2024 .139,018 114,950 252.000 1,5Q5,968 12 Fixe41 invutments 21b25 2024 knvesknent properties Other invesÈm¢nts 2,4?? 155 601,861 2.422.1$5 669.548 3.024.016 3,091,703 Page 18
The PIAister Charity Notes to tbe Financial Stydtements for the Year Ended 31 Mareb 2025 (contillued) InvestmeDt properties Investment properti&s Cost or Valuation At l April 2024 2,422,IS5 Prov10 At 31 Mor¢h 2025 Net twk v41ue At 31 March 2025 2.422.155 At 31 March 2024 2,422.155 Th¢ properties bave not been revalued by an independ1 vaiueT a5 ar 31 MArcb 2025. Page l9
Tbe P]aister Charity Notes to the Financial Ststements for the Year Ended 31 March 2025 (continued) Other investments Listed inVestettts Totsl Cost or Valuatio At l April 2024 Revaluation Disposals 669,548 7.313 (75.0001 669,548 7J13 75,000} At 31 March 2025 601,861 601.861 Net book value At 31 March 2025 601.861 601,861 At 31 March 2024 669.548 669,548 13 Stock 2025 2024 Stocks 84,770 84.770 14 Debtors 2025 2024 Tr&d¢ debtors Pr¢payrnents Accrued income Oth¢r debiors 5,167 754 643 i,875 643 2.629 10.521 7,895 15 CA5h and casb equltraleDts 2025 2024 Cash at bank 38,402 41.602 Page 20
The Plaister Charity Notes lo the Financial Statements for the Year Ended 31 March 2025 (continued) 16 CreditOTS: AmOUDts falliDg due withlts otttyear 2025 2024 Trade creditors Other ttIO[l artd swiai se¢urity Other creditors A¢cwals 16,604 1,801 24.825 7.350 35.839 261 24,732 7.660 50.580 68,492 17 Pe10 other schee5 Defined contribution pe$100 scheme The ch8rity operates a defined CODtrThirtion pension scheme. The pension ¢ost ch8¢ for the year repre5ent5 ¢ontributions PLyabl¢ by the ¢hatity to the scheme and amourLt¢d to £2 {?024-£571). 18 Fwids BalaThte It I April 2024 Resollrce5 B81gnce 2t 31 Illarch 2025 resources Ullrestricted fund$ General Unr¢strict¢d fimds 4,663,446 176,359 (250,194) 4,589.611 BatsDce at I April 2023 Resourt expettded BaiaDce gt 31 Mxrcb 2D24 Ullrestricted funds Gefterfjl Unrestricted funds 4.714.456 165,434 1216,44$1 4,663.446 Page 21
The Pl&i8ter Charity Notes to tbe Financial Statements for the Year Ended 31 Mareh 2025 (Continued) 19 AnAtysis of net *&gets between funds Unrestri¢tI Totsl at funds 31 Msrch GellevAI 2025 Tangible fixtd asstts Fixed asset invesknet Current ass¢ts Currettt iiabitities 1.48? 482 3,024,016 l33,693 50.580) 1.482,482 3.Q24.016 133,693 50,580 Total n¢t ass¢ts 4,589.611 4,589,61 Unrestricted funds Gto¢ral Total funds at 31 March 2024 Tmgible fixed assets Fixed Et inve5ltTh¢ts Currellt assets Current liabilities l.i05,968 3,091.703 134267 {68.492 1.505,968 3,091,703 134,267 168.49?) Total net 11 4,663.446 4,663.446 Pa8e 22
Virtual Cabinet Portal Digital Signatures Dlgltal Slgnature Verificatlon Y¢u can verify that thls Is a geThJine Vlrtual Catsnet D¢¢ument Pcwtsl s19rd docvmenl by urknding it to the foIlowing Secure w8b pag8". htM)8.'Ilw¥w.iirWalc&blnatFhJrtal.comlVgrtfySignedD¢xum8nt Slgnature Dates and Tirnes All dates and bmts shown Sn lh8 signatur8s below sr¢ oyiY&ss6d In Cwdinated UThversal Tim6 IUTCI, wh1¢* is generally gquwalent to GMT. You w find out m(? about UTC at the flOWlr9 web pag8: hltp.'Ihthvw.virtUalcabinotport.conhaUsuTC Signature 1 Signed by Mark Tindall uslng authenticalon code TUxrZSgmSHnCo38vZ¥r at IP addres8 150.228.9.223. on 2026101124 31:42..13 Z. ark findaifs &mall address Is.. plaisteftharlty@gmail.¢om.