2024-03-31-accounts

THE NATURIST FOUNDATION CIO ANNUAL REPORT

12 Month period YEAR ENDED 31[ST] MARCH 2024

The Naturist Foundation aims to provide naturist recreational facilities and maintain ancient woodlands for the public benefit.

There have been no changes this year to the Trustees of the charity.

Additional staff were recruited, namely, a part-time groundsman. Another part time groundsman also resigned during this period.

The main source of income for the charity continued to be from camping fees paid by associate members for the use of licensed camping pitches, and from visitors’ camping areas within the grounds, and associate members fees.

Monies made from various events staged throughout the year also contributed to the charity’s income and towards the charity’s aims.

To maintain the interest of the current associate members and continue to attract visitors and new associate members from the general public, the Social and Games Committee again organised a timetable of events to take place. An increase in marketing activity for events, and the benefits of naturism through multiple media channels, has contributed to both higher attendance levels at events and new associate membership applications.

Infrastructure improvements during this period included: New prefabricated toilet facilities installed in the seasonal camper’s area, refurbishment of the three miniten courts and the installation of 200 meters of new perimeter fencing.

The grounds and infrastructure continued to be maintained by employed ground staff, the paid services of outside contractors where necessary and a small group of volunteers. A number of volunteers attended as “the Tuesday Group” and provided their services and knowledge free of charge to assist in the general maintenance and ongoing improvements to the grounds.

The Naturist Foundation endeavors to promote recreation, wellness and wellbeing and maintains its grounds and infrastructure for that purpose. Fulfilling that aim is at the heart of everything undertaken this year.

For the Trustees

Company registration number.. CE014936 Charity registration number: 1179641 The Naturist Foundation {A company limited by guarantee) Annual Report and Unaudited FinarAcial Ststernents for tht Year Ended 31 March 2024 Thompson Elphick Limited The Comer House 2 High Str¢et Aylesford Kent ME20 7BG

The Nydturist Foundation Contents Reference and Administrative Details Twste&%' RqM)rt 2to3 Independent Examinefs Report Statement of Fina￿181 A¢tivities Balance Sheet Notes to the Financial Statcments 7t017

The Naturlst Foundation Reference and Administrative Details Tru$tee5 Ms L J Howells Ms P F Mills MrSPP&to Charity ReE15tration Number 1179641 Company Registration Number CE014936 The Charity is incorporaied in England and Wales. Sheepcote Lane Brocken Hursi Orpington Kent BR54ET Registsred Offiee Page I

The Naturist Foundation Trustees, Report The Trustees, who Are directors for the purposes of company law, present the annual report together with the financial ststements and auditors, report of the ¢haritsbl¢ company for the year ended 31 March 2024. Objective5 and Activities Objects aims The Charity rnaintains the local woodland for the benefit of na￿rIsts and the public. The Charity aims to maintain its facilities to a high stsndard and continue its fundraising and community progrdms. P¥blie benef The Ctmritys objectives are to provide recieational facilities alongside matntaTung ancienl woodland for the benefit of the public and natiirists. These activities are ongoing during the period presented. The Tru$tee5 confirm that they hav¢ ¢omplied with the requirements of se¢tion 17 of the Charities Act 2011 to have due reg￿d to the public benefit guidance publtshed by the Charity Commission for Ellglaud and Wales. Financial review It is the policy of the Charity that ullrestri¢ted fvnds which have not been de5ign2ted for a 5pecÉfic use should be maintaitied at È level equivalent to beThveen three and six months eXpe[￿ltUre. The TrL]8tecs consider that maintaining this level will ensure no distuptions in th¢ evcnt of a significarlt drop in fimding. This level of fimding has been exceeded throughout the period. Following a successful application to The Charity con￿]ssion in April 2018, all Assets and Liabilitie5 tr8))sfeTred to a Dew Charitable In¢orporattd Organisation (Charity No. 1179641) as of 01 January 2019. TIIC fornier Charity ceased a¢tiviiies on the samc date. On preparation of The 2024 Charity Accounts the TrU￿et$ have identified errors in the 2023 a¢¢ounting figures. These errors do not amount to a nutcrial adjustment, have been amended in tl]¢se Clwity A¢¢ounts. Structur& governance 8Dd management Nnlure ofgovernin8 documenl The Charity is a Charitable tllcorporated Orgallisation controll¢d by its governing document, its consti￿110￿. Re¢rutimtftt ondrtppoinlment of Trmsiees The TnJst¢es served durkllg the year* and up to tbe dat¢ th¢ financial statements were Signe￿ are as follows.. Mrs L J Howells Mrs P J Mills Mr T M Hall - Resigned 16107n024 Mr S P Paton The power to appoint aTJd remove Trustees is vested in the surviving or continuing TnJst¢es. The number of Trustec5 Gapabl¢ of b¢ing appointed is unlimiled. All Trustecs arc volunteers and the Charity employs personnel as It deems necessary to administcr the ground5 and maintain the facilities. Page 2

The Naturist Foundation Trustees, Report Statement of Trustees, Tespollsibllities The Trustees (who arc also the directors of The Naturist Foundation for the purposes of company law) are responsible for prepATiDg the Trustees, repnft qnd the financial ststements ID accordance with applicable law amd United Kingdom Accounting Standards (United Kingdom GeneTally Accepted A¢¢ounting Practice}, includin8 FRS 102 "The Financi81 Reporting Stsndard applicable ID the UK and Republic of Ireland" Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trnstees lljust not approve the financial statements unless they are satisfied that they give a true and fair vEew of the stale of affairs of the charitsble company and of the incoming resources and application Of resources, including it5 in¢ome and expenditur< of the charitable company for that period. In preparing these financial str￿MentS. the Tn]stees are required ro." select 8uitsble accounting poli¢ies and apply ihem consistently. observe the methods and principles in the Charities SORP- make judgements and estimates thai sre reosonable and pDJdeot,' State whether applicable accountitig stand￿dS, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial staternents on the going concern basis unless it is inappropriate to presume thai the charitsble con)patJy will continu¢ in business. The Trustees are responsible for keeping propci accounting records that can disclose with reasonable accurn¢y at any time the financial position of the charitsble Gompany and enable them to ensure that the fInan¢ial S(aterneDts comply with thc CompaT2ieg Act 2006. They are also responsible for safeguardillg ihe assets of the Charitabli" wmpany find hence for taking rca3onabl¢ steps for the pr¢vention and detection of fraud and other intgularities. Th¢ Tn￿le¢S are responsible for the n￿intenanCe and Inte￿ity of the cotyorate and financial inforn)ation included on the charitsble company'5 websitt. Legislation governing th¢ preparatiot] and dissemination of financial Statements May differ froTn legislatiott in othcr jurisdictions. Diselosllre of information to guditor Each membcr h05 taken steps that they ought to have tsken as a member in order to make themselves aware of any relevant audit information and tts establish that the Charity's auditor 15 aware of that infollllation. The Trustees confirn] that there is no relevaui infOrn￿li0ll that they know of and of which they know thr auditor is unaware. The anJ)ual report was approved by the Trustees of the Charity on........... . - and signed on its behalf by.. Ms L J Howclls Trustee Page 3

The Naturist Foundation Independent Examiner's Report to the trustees of The Naturist Foundation I report to the Charity Tnjsiees on my exan)ination of the accounts of the Company for th¢ year ended 31 Mar¢h 2024. Responsibilities and basis of report As the Chariry's Trustees of the Company {#nd also its directors for the puryoses of company lawl you are responsible for the preparation of the accollnts in aecordance with the requirements of the Con3panies Act 2006 I'the 2006 Aet'l. Having satisfied rnyself thai the accounts of the Company Are not r¢quired to be Audited under Part 16 of the 2006 Act and are eligible for independent exan)ination. I report in tespect of my examination of your Charity's accounts as carried out under section 145 of tbe Charities Act 2011 {'the 2011 Act,). ID carrying out my examination I have followed the Directions given by the Charity Commission under srttion 145{5)Ib} of the 2011 Aet. Independent exaJDiner's statement Since the Cornpany's wss in¢ome exceeded £250,000 your examiner must be a n)ember of a body listed in se¢tion 145 of the 2011 A¢t. l ¢onfirni that l aln qualified io undertake the examination because l am a member of Association Of Chaner¢d And Certified Accountants (ACCA), which is one of the listed bodies. I have compl¢t£d my eXamin&tio￿ I confm that no matter5 have come to my attention in connection with the examination giving me cause to believe: accounting record5 were not kept in respect of The Nawrist Foundation as required by section 386 of the 2006 Ath,. or 2. the 8ccounts do not acGord with thos¢ r¢cord5; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirEmeni that the accounts give a 'true and fair view whieh is not a matter eon5idered as part of an independent examination" or 4. the accounts have noi been prepated in aecordance with the methods and principles of the Statement ot Recommend¢d Praetice for a¢¢ounting and reporting by chaTities lapplicable to charities preparing their a¢¢ounts iu accordance with the Finan¢ial R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have uo ¢on¢¢ms and bave come across no other matteTS in connection with tbe examination to which attention should be dra￿ll in this report in order to enable a proper understanding of the accounts to be rea¢htd. Mr C Watson A550¢iation Of Chartered And Certified ACCO￿tantS (ACCA) Date.. Pagc 4

The Naturist Foundation Statement of Financial Activities for the Year Ended 31 Mgreh 2024 Oncluding Income and Expendithre Account 2nd Statement of Totsl Recognised Gafins and Losses) Unrestritted funds 2024 Tot81 2023 Note Income alld Endowments from: Donations and l¢g&¢ies Charitsble activities Investment in¢0￿C Other in¢ome 45,811 345,295 17,785 79.713 335,688 1,737 (14,583) Total In¢0￿e 408,891 402,555 ExpeDditure on: Charitsble activities {253,394) 427,582) Totsl expenditttre N¢t in¢omeJ(expenditure) {253,394) (427,5821 155,497 (25,027) Net movement in funds 155,497 (25.027) Reconcili8tion &f fund$ Total fimds brou￿1 forward Totsl funds Cartied forward 769280 794,307 15 924,777 769280 All of the Charity's activities derive from continuing operdtions during the above hvo perii)d& The fi]nds breakd0V￿ for 2023 ts shown in note 15. The notes on pages 7 10 17 forni an integral part of these financi81 statements. Page 5

The Naturist Foundation (Registration number: CE014936) Balance Sheet as at 31 March 2024 Iyote 21124 2023 Fixed assets Tall￿ble assets 12 613,377 516.376 Current assets Debtors Cash at bank and in halld 13 52,780 532.267 7.567 457,812 585,047 465,379 Creditors: Amounts falling due within one year 14 {273,647 (212,475) Iyet current assets 311,400 252,904 Net assets 924,777 769.280 Funds of tbe Charity: Unrestricted income fullds Unrestricted 924.777 769,280 Total funds 15 924,777 769,280 The finan¢i81 statements on pages 5 to 17 were approv￿ by the Trustees, and authorised for issue on . and sign¢d ¢)n their behalf by.. Ms L J Howells Trustee The notes on pages 7 to 17 fonn an Inte￿al p8rt of these financial statemet)ts. P8ge 6

The Nathrist Foundation Notes to the Flnaneial Statements for the Year Ended 31 March 2024 I Charity ststu$ The Charity is Jimiied by guarantee, inco1porat￿ in England and Wales, and consequently do¢s not have share capithl. Each of the Twstees is liable to Contribute an amount not excecding £1 towards the assets of the Charity in the event of liquidation. The addres5 of its rtgistered olyice i5= Sheep¢ote LaD¢ Brocken Hurst Orpington Kent BR54ET 2 Aeeollnting polieles Sllmmary of significant accountiDg p(trlicies and key accollttting estimates The principal accounting policies applied in the preparation of these flnancial statements are set out below. Th¢s¢ p)li¢ies have b¢¢n consistently applied to all the years presented. UDlcss othcrwise stated. Statement of compliallte Thc financial Statements have been preparcd in accordan￿ with Accounting and ReportEng by Charities". Statement of Recommended Pra¢iice lapplic8bl¢ to charities prepating their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021) (issued in Oriober 2019) (Charities SORP IFRS 102)), th¢ Finaneial R¢p)rting Stsndard applicf4ble in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basi$ of prepsration Th¢ Natyrist Foundation meets the defujition of a public benefit entity under FRS 102. Assets and liabilitie5 are initi&lly recoBDiscd ai historical cost or transactlOD value unless tstherwise stated in the relevant accounting policy notes. GOIDE foneer Th¢ Trustees consider that ihere are no rnaterial uncertainties about the clwitgs ability lo continue as a goirtg concern nor any signifjcant areas of l￿￿ertainty that affeet the carrying value of a&sets held by the charity. Income and endowments All income is rttognised once the Charity has entitlement to the incom< it is probable ihat the income will be reeeived and the amount of the income receivable can be measured reliably. Dontttions legftei Donatio]ts are recognised whell the Charity has been notified wilting of both the amount and settlement date. In the event that a donp4tion is subject to c¢mdilions that require o level of perforn]ance by the Charity before the Charity is entitled to the ￿llds. the income is defErred and noi recognised until either those conditions are ￿]lY met, or the fidfilment of those ¢onditions is wholly within the ¢ontrol of tht Charity and it is piobable that these conditions will be fulfilled in the reporting period. Page 7

The Naturist Foundallon Notes to the Fin8ncRal Statements for the Year Ended 31 March 2024 Deferred income Deferred incorne represents amounts received for fvtttre periods and is ieleased to incorning resources in the period for which, it has been received. Such income is only def¢rr¢d when.. - The donorspecifies that the grant or donation must only be used in firture accounting periods. or - The donorhas imposed conditions which must be met before the Charity ha5 uThconditional entitlement. Gifv in kind Gifts in kind are re¢o8nised in diffcrent ways dependent on how they art used by the Charity.. (i) Those donoted for resalc produce ill¢ome when they are sold. They are valued F4t the amount actually realised. {ii) Those donated for onward tran5rniSSiOTJ to b¢n¢ficiaries are included in the Statenlent of Financial Activiti¢s as illcoming resources and resource5 expended when they are distributed. They are valu¢d at the amount the Chatity would have had to pay to a4uire them. liiil Those donated for use by the Charity itself are included wh¢n [￿elVable. They are valued at the amouni the Charity would have had to pay to a￿ll]re thern. ExpeDdlture All cxpcndittire is recognised once there is a legal or c¢)nstructive obl1￿10n to that expenditure, it is probable settlement is required and the amount can be measured Feliably. All ¢osts are allocated to ihe applicable txpendirure heading that aggregate silnilar costs to that category. Where ¢osts cannot b¢ directly attributed to particular headings they have been allocated on a basis consistent with th¢ use of resources, with central stsff costs allo¢&ted on thc basi8 of time spent. and depreciation charges allocated on th¢ portion of the &sset's use. Other support Costs are allocated based on the spread of staff ¢osts. CharifoblÉ tsrtivities Charitable rxpcnditurc cornpri5es those costs incurred by the Charity in the delivery of its activities and setvices for its bencfi¢itries. It includes both costs that can be allocated directly to such a¢iiviti¢s and those costs of an indirect natstre necessary to 5UPPOrt thetn. Governance Costs These iD¢lude tbe costs attributable to the Charity's compliance wtth ¢¢)nsti￿tional and statutory requirements, in¢luding audit, strategi¢ management and trustees meetings and reitnbursed expenses. T#x8tion The Charity is ¢onsidered to pass the tests set out in Parawdpb I Sch¢dule 6 of the Finan¢¢ A¢t 2010 and therefore it meets the definition of a ¢haritabl¢ company for UK CO￿OrdtiOn tax pun)oses. Accordingly, th¢ Chariry is Potentially exeryt froTn taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporntion Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent thai sucb in¢om¢ or gaits tsre applied ¢x¢lusively io charitsble puzposes. TAnglble fixed 4￿Ct$ Individual fixed assets costing £150.00 or rnore are inici811y recorded at cosi le&5 ally subsequent aecurnulated depreciation arjd subsequent accumulated impairment losses. Page 8

The Naturist Foundation otes to the Financial Statements for the Year Ended 31 March 2024 Depreciation aDd aMorti￿tiOn Depreciation 15 provided on tanguble fjxed assets 50 as to write off the cost or valuation, less any estimated residual value, ov¢r their expected ￿5¢ful e¢onomi¢ life as follows- Tr#de debtorJ Trade debtors ar¢ amounts due from customers for merchdndise sold or setvices performed in the ordinBry course of business. Tyade debtors are reco￿?1$¢d initially al the transaction price. They are subsequently measured at amortised ¢osi using the effective intcrest method. less provision for i]npairnent. A provision for th¢ irnpasrnient of ttade debtors is esiablished whet] there 15 objcctive eviden¢c thal the Charity will Dot be able to ¢ollect all amounts due F4¢cording to the original tetms of the receivables. Cash and eash equivalents Cash and cash 4uivalents comprise cash on hand and call deposits, 2nd other short-tem) highly liquid investments that ￿¢ readily ￿nVertible to a kno￿] amount of cash and are subjcct to an insi￿lfie&lll risk of change in value. Trade creditors Trdde creditors are obligati¢)ns to pay for goods or seNt¢es that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Charity does not have an un¢onditional righu ai the end of the reporting period, to defer settlement of the creditor for ai least twelve onths after the reponing dale. If there is aTJ unconditional right to defer scttlement for at least tw¢lve months after the reporting date, they are prescnt¢d as non-current liabilities. Trade creditors are r¢¢ognised initially at the transaction price and subsequently measured at amortised Cost using the effective int¢rest meihod. Borrowings Interest-bearillg borrowings are initially recorded ai fair value, n¢t of transaction ¢osts. Interest-bearing borrowiDgs are subsequenily catried at amortised ¢ost. with the differ¢nGe between the proceeds, net of ttansa¢(ion £05ts. and the 8mouDi due on redemption being recogTrised as a ¢haTge to the Statement of Financial Activities over the period of the relevallt borrowing. Interest expense ts recognised on the basis of the effective interest method al￿ i5 includcd iti inter&st payable and similar charges. Borrowings are classified as current liabilities unjess the Charity has an unconditional right to defer settlement of the liability for at least hvelve months after the reporting dale. Fund strncture Unrestricted income fi￿d5 are 8eneral funds that are available for us¢ at the Trustees discretion in fillth¢ran¢e of the objectives of the Charity. Page 9

The Naturist Fomndation Notes to the Finaneial Statements for the Year Ended 31 March 2024 Pensions and olber post retirement obligations The Charity operates a der￿ed benefit pension schcrne.Typically defined benefit plans dcfine an amount of pension benefit that an employce will receive on retirement. Usually dependent on one or more factors such as age, years of service and conwen5ation. The liability recognised in the Balan¢e Sheet in respect of de6ncd benefit pension plans is the present value of the def]ned benefit obligation at the reportlO8 date minus the fair value of plan a&sets. The defjned benefit obligation is measured using th¢ projected unit credit method. The present value of the defined benefit obligation is determined by discounting the estimated fi￿￿¢ payments by reference to tnarket yields at the reporting date on high-quality ¢orporate bonds that are denominated in the currency in whi¢h the benefits will be paid, and that have tenns to Ma￿rity approxirnating to the tern￿ of the related pension liability. Actuarial gain5 and losses are charged or credited to other ¢ompTehensive income itt the period in which they arise. FinADcial iDStrnments Classifiefttion Financial assets and financial liabilities are recognised whell ihe Ciwity becomes a party to the contractual provisions of the instrument. Financial liabilitie5 alld equity instEillnents are classified a¢cording to the substance of the contractual arrangements entered inlo. An equity insln]ment is any contract tbat eVIden￿S a residual interest jn the assets of the Ch8rity after deducting all of its liAbiliiie$. RecogniÉion tTndmeasuremenl All financial assets and liabilities are Értitially measured at traTJsa¢tion price (inclllding trdllsaction costs). except for those financial assets classified as at fair value through profit or Ios5. which are Initi￿lY measured at faiT value (which is norlnally the transaction pyice excluding transaction costs). unless the arraTLgement constiNtes a fllLan¢ing transaction. If aTJ arrangtment constitutes a finan¢ing transaction, the fir￿n¢la1 asset or finallci81 liability is measured at the present Valu¢ of the fvture payments di8COUnted at a maTket ratr of inierest for a similar debt insttum¢nt. Financial assets and liabilitie5 are ODly offset in the statement of financial position when, and only when there exists a legally ¢nforceable right to set off the recognised amounts and the Charity intends either to settle on a net basis. or to ffalise the asset and settle the liability simultaneously. FinaticiAI assets are dereco8nised whet) and only when a) the ¢outraetual rights to the cash flows from the financial asset expire or are settled, b) the Charity transfers to another party sub5taThtially all of the risks and rewards of ownership of ibe fll)ancial asse( or cl tbe Charity, despite havin8 retained some, but noi all, 5ignifi¢ant risk5 and rew￿d$ of ownership, has transferred control of the asset to another paty. Financial liabilities &Te derecognis¢d only when the obligation specified in the Contract is discharged, Cancelled or expires. Page 10

The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2024 Investhients Investments in non-convertible preferencE shares and non-puttable ordinary or preference shATes (where shares publicly traded or their fair value is reliably measurable) are measured at fair value througb profit or loss. fair value ¢at]not be measured reliably. invcstments are measured at cost less impairment. Investsnents in subsidiartes and ossociates are Measured at ¢ost less impairnM)t. For investments in subsidiari&% acquired for coi]sideration including the issue of shares qualifying for merger relief. Cost is measured by referen¢e to the nominal value of the siwes issued plus fair value of other consideration. Any premium is i￿ored. Jjerivaliwefinoneial iu&truments The Charity uses derivative fmatjcial instnunenis to reduce exp)sure to foreÈgn exchange risk Ènd interest rate movements. The Clwity does not hold or issue derivaiive fjDan¢i￿ it)stNments for speculalivc purpose5. Dcrtvativcs are initially recognised at fair value at the date a deTivative contract is entered into 8t￿ are subsequently remea5ured to their fair value at each reporting dale. The resulting gain or Ioss 15 recogt)ised in Statement of fiT]ancial activitles immedialely unless the detivative is designated and effective &$ a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship. F&lr vfjlue meusurement The besi evidenc¢ of fair value 1$ a quoted price for an Èdcnticol asset in an active market. When quoted priees are Unavailable, the pri¢e of a recent transaction for an identÈcal asset provides evidence of fair value as long as there has not been a SI￿1ficant change in economic circumstances or a 51gnifi¢ant lapse of time since the transaction took place. If the rn￿k¢t is not active and recent transactions of an identical a5S¢t on their own are not a good estimate of fair value, the fair value is estirn8ted by using 8 valuation tec]Jnique. 3 llleome from donations legacies Unrestricted funds Genernl Total 2024 Tot41 2023 Donations and legacie4 Donations individuals Gifts in kind 9,064 36,747 9,064 36,747 60,847 18,866 45,811 45,811 79,713 Pogell

The Naturfist Foundation Not￿ to the Financial Statements for the Year Ended 31 March 2024 4 1Dconw from charitsble acti￿tieS Unrestrieted funds Gether*l Total 2024 Total 2023 MernbeTship Seasonal Camping Meadow Camping Paty In The Stark R¢sidenÈS Electric Recovery Members And Residents Showers LA)ckers Chalcl Laundry Day Visits Winter StOTage Jazz Wellness Scyttfest 54J12 104.172 31,519 41,038 19,040 21.552 2,113 520 10,900 1,739 9,690 12,845 12,791 1,461 1,121 7.332 2,708 4,771 324 5,347 54,312 104,172 31,519 41,038 19.040 21.552 2,113 520 10,9 1.739 9,690 12,845 12.791 1,461 1,121 7,332 2,708 4,771 324 5,347 59,116 105,149 24,863 30,255 13,670 24,268 2,687 460 10.171 2,074 8.585 11,996 12,515 1,853 949 4,834 2522 10,(H)6 300 9,415 335,688 SK Gas Bottle Sales General Evellts- Ad-Hoc Catuing Con¢ession Other Incorne 345.295 345.295 S Investment ID¢ome Unrestricted funds General Totsl 2024 Totsl 2023 Interest receivabl¢ and sirnilar incorrK' Interest re¢eivable on baJ]k deposits 17,785 17,785 1.737 6 Other income Total 2024 Tot41 2023 Covid Mernber5hip Repaid 114,583) Page 12

The Naturist Foundation Notes to the Flnancial Statements for the Year Ended 31 March 2024 7 Expenditure on charitable activities Uorestricted funds Ceneral Totsl 2024 Total 2023 Note Stsff costs Electricity Party In The StsTk O¢ttsberfest Scarefest SK Office Supplies 91,655 39,110 24.041 1.736 740 2,018 5.961 2,747 5,306 (1,626) 1.074 7,048 8,001 3,484 1.863 17,520 18271 4,190 10,171 {55,888) 3,151 4,501 1,187 5,315 2,300 1,638 91,655 39,110 24,041 .736 740 90,994 54,962 22,203 1,132 2,187 6,595 3.252 4.469 17,135 14.882 9,116 9,580 351 2.018 5.961 2,747 5.306 (1.626} ,074 7,048 8,001 3.484 1,863 17.520 18,271 4,190 10,171 {55,888) 3.151 4,501 1.187 5,315 2,3(K) 1,638 Advertising GroundslBuildÉng Maintenance Swimmin8 Pool Health & Safety Refjse And Waste Chalet Mobile Homes Perimeter F¢n¢e Insuranc¢ Cleaning 17,638 2,403 4,905 9,866 55,888 3,321 43,985 1,078 1.991 2,378 8,676 Toilet Block Website Plant Purchase And Maintenon¢e Security Gas Bottle Purchase General Events- Ad-Ho¢ Arneoity ITnprovements Catering Concession Wellness Camping Expenses Miscellaneous Expenses Goven. ice costs 2.801 75 2.991 4.976 37,037 2,801 75 2,991 4,976 37.037 1,109 171 67 (1,464) 34,719 253.394 253,394 427,582 Page 13

The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2024 Incorporated into the above expenditure are governance ¢osts of £37.037 {2023 - £34,719) whi¢h r¢18te dtrectly to ch8ritsble activities. See note 8 for fillther details. 8 Analysis ofgovernance and 5UPPOrt costs GDverDanee and Support Costs Unrestricted funds Ceneral TotAI 2024 Total 2023 Support fees Depreciation Subscriptiotts Rates And Water Bank Charges Govemance- Legal fecs 19,748 1,815 {456) 5.021 10,909 19,748 1,815 {456} 5,021 10,9¢19 11,606 1,878 1,177 20.058 37,037 37,037 34,719 9 Trustees reJDuneration and expenses No Trustees. nor any pct50ns ronne¢t¢d with havc received any remuncration from the Charity during the year. 10 Stsff eosts The a88regatc payroll costs were as follow5.' 2024 2023 Staff costs during the year were: Wages and salaries So¢ial seeur5ty eosts P¢nsi¢)n costs 90.887 89263 785 946 768 91,655 90,994 Page 14

The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2024 The mortthly average number of person5 {includtng s¢ntor m8nagemeDt / leadership team) employed by the Charity duting the year expressed as fvll time cquivalents wa5 as follow5= Administrative.. 4 (2023 .. 4) Ground maintenance.. 3 (2023 . 3) Other: 412023 . 4} No employee received emoluments of more than £60.000 during the year. 11 Tayation The Charity is a registtrcd Charity and is therefore exempt from ta￿tIOn. 12 Tangible fixed assets Land and buildings Furniture and equipment Total At l April 2023 Additions 492,429 61,702 75,400 55,047 567,829 116,749 At 31 March 2024 554,131 130,447 684,578 Dtpreti#tio At l April 2023 Charge for the year 51,453 19.748 51,453 19,748 At 31 March 2024 71.201 71,201 Net book v&lue At 31 Marth 2024 554,131 59.246 613,377 At 31 March 2023 492,429 23,947 516,376 13 DebtOT5 2024 2023 Trnde debtors Prepayments Expenses in advan¢¢ Other debtors Net Wages 28,540 10,344 4,722 9,174 2,473 2,960 2,134 52.780 7,567 Page 15

The Naturist Foundation Notes to the Financial Statejnents for the Year Ended 31 March 2024 14 Creditors: amounts fg11iDg due within ODe year 2024 2023 Trade ¢reditors PAYE and NIC creditor Chalet Day visits in 8dv8nce Society funds Pensions payable Children's fi￿d Bare Bootleg income in advance Jazz Festival incom¢ in 8ilvanc¢ A¢cnJals Ad-ho¢lwellb¢inglBH5k in advancx CH Holiday Meadow income in advan¢¢ CS income in advance BH5k in advance Pits income in advancc WinteT Storage income in advance Associate membership in advancc Oktobttfe5t income in advance Petanque c(>mpetilion income in advance Game5 and Social CAS Day visits in advance 7,953 1,415 7.413 4,351 865 (850) 212 3.861 212 1,396 15,785 3,274 3,360 2,920 4,193 132,684 5.630 2.820 385 110,112 1,260 26,658 3,590 46.915 28.991 4,756 53,793 186 3,056 2,074 l86 26 273.647 212,475 15 Funds B8lADet #t I April 2023 Jncomin% resottrees Resources expended BAl8nee At31 March 2024 Unrestricted fund$ General 769.280 408,891 253,394) 924.777 BAlattee at I April 2022 Ineoming resourees Resources e5peThded BalAnee At 31 March 2023 Unrestrltted funds Genernl 794.307 402,555 427,582 769.280 P&ge 16

The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2024 16 Analysis of Det assets between funds Unrestrieted fulld$ General Total funds at 31 Mareh 2024 Tangible fixed assets Current assets Cuzrent liabilities 613.377 585,047 (273,647 924,777 613.377 585.047 {273,647) 924,777 TotAI net &sset5 UDre5tricted funds CeDeral Total funds at 31 March 2023 Tartgible fixed assets Current assctS Current liabilities 516,376 516,376 11 465.379 (212,475 465,379 (212.475) Totsl net a55ets 769280 769.280 Page 17

Company registration number.. CE014936 Charity registration number: 1179641 The Naturist Foundation {A company limited by guarantee) Annual Report and Unaudited FinarAcial Ststernents for tht Year Ended 31 March 2024 Thompson Elphick Limited The Comer House 2 High Str¢et Aylesford Kent ME20 7BG

The Nydturist Foundation Contents Reference and Administrative Details Twste&%' RqM)rt 2to3 Independent Examinefs Report Statement of Fina￿181 A¢tivities Balance Sheet Notes to the Financial Statcments 7t017

The Naturlst Foundation Reference and Administrative Details Tru$tee5 Ms L J Howells Ms P F Mills MrSPP&to Charity ReE15tration Number 1179641 Company Registration Number CE014936 The Charity is incorporaied in England and Wales. Sheepcote Lane Brocken Hursi Orpington Kent BR54ET Registsred Offiee Page I

The Naturist Foundation Trustees, Report The Trustees, who Are directors for the purposes of company law, present the annual report together with the financial ststements and auditors, report of the ¢haritsbl¢ company for the year ended 31 March 2024. Objective5 and Activities Objects aims The Charity rnaintains the local woodland for the benefit of na￿rIsts and the public. The Charity aims to maintain its facilities to a high stsndard and continue its fundraising and community progrdms. P¥blie benef The Ctmritys objectives are to provide recieational facilities alongside matntaTung ancienl woodland for the benefit of the public and natiirists. These activities are ongoing during the period presented. The Tru$tee5 confirm that they hav¢ ¢omplied with the requirements of se¢tion 17 of the Charities Act 2011 to have due reg￿d to the public benefit guidance publtshed by the Charity Commission for Ellglaud and Wales. Financial review It is the policy of the Charity that ullrestri¢ted fvnds which have not been de5ign2ted for a 5pecÉfic use should be maintaitied at È level equivalent to beThveen three and six months eXpe[￿ltUre. The TrL]8tecs consider that maintaining this level will ensure no distuptions in th¢ evcnt of a significarlt drop in fimding. This level of fimding has been exceeded throughout the period. Following a successful application to The Charity con￿]ssion in April 2018, all Assets and Liabilitie5 tr8))sfeTred to a Dew Charitable In¢orporattd Organisation (Charity No. 1179641) as of 01 January 2019. TIIC fornier Charity ceased a¢tiviiies on the samc date. On preparation of The 2024 Charity Accounts the TrU￿et$ have identified errors in the 2023 a¢¢ounting figures. These errors do not amount to a nutcrial adjustment, have been amended in tl]¢se Clwity A¢¢ounts. Structur& governance 8Dd management Nnlure ofgovernin8 documenl The Charity is a Charitable tllcorporated Orgallisation controll¢d by its governing document, its consti￿110￿. Re¢rutimtftt ondrtppoinlment of Trmsiees The TnJst¢es served durkllg the year* and up to tbe dat¢ th¢ financial statements were Signe￿ are as follows.. Mrs L J Howells Mrs P J Mills Mr T M Hall - Resigned 16107n024 Mr S P Paton The power to appoint aTJd remove Trustees is vested in the surviving or continuing TnJst¢es. The number of Trustec5 Gapabl¢ of b¢ing appointed is unlimiled. All Trustecs arc volunteers and the Charity employs personnel as It deems necessary to administcr the ground5 and maintain the facilities. Page 2

The Naturist Foundation Trustees, Report Statement of Trustees, Tespollsibllities The Trustees (who arc also the directors of The Naturist Foundation for the purposes of company law) are responsible for prepATiDg the Trustees, repnft qnd the financial ststements ID accordance with applicable law amd United Kingdom Accounting Standards (United Kingdom GeneTally Accepted A¢¢ounting Practice}, includin8 FRS 102 "The Financi81 Reporting Stsndard applicable ID the UK and Republic of Ireland" Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trnstees lljust not approve the financial statements unless they are satisfied that they give a true and fair vEew of the stale of affairs of the charitsble company and of the incoming resources and application Of resources, including it5 in¢ome and expenditur< of the charitable company for that period. In preparing these financial str￿MentS. the Tn]stees are required ro." select 8uitsble accounting poli¢ies and apply ihem consistently. observe the methods and principles in the Charities SORP- make judgements and estimates thai sre reosonable and pDJdeot,' State whether applicable accountitig stand￿dS, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial staternents on the going concern basis unless it is inappropriate to presume thai the charitsble con)patJy will continu¢ in business. The Trustees are responsible for keeping propci accounting records that can disclose with reasonable accurn¢y at any time the financial position of the charitsble Gompany and enable them to ensure that the fInan¢ial S(aterneDts comply with thc CompaT2ieg Act 2006. They are also responsible for safeguardillg ihe assets of the Charitabli" wmpany find hence for taking rca3onabl¢ steps for the pr¢vention and detection of fraud and other intgularities. Th¢ Tn￿le¢S are responsible for the n￿intenanCe and Inte￿ity of the cotyorate and financial inforn)ation included on the charitsble company'5 websitt. Legislation governing th¢ preparatiot] and dissemination of financial Statements May differ froTn legislatiott in othcr jurisdictions. Diselosllre of information to guditor Each membcr h05 taken steps that they ought to have tsken as a member in order to make themselves aware of any relevant audit information and tts establish that the Charity's auditor 15 aware of that infollllation. The Trustees confirn] that there is no relevaui infOrn￿li0ll that they know of and of which they know thr auditor is unaware. The anJ)ual report was approved by the Trustees of the Charity on........... . - and signed on its behalf by.. Ms L J Howclls Trustee Page 3

The Naturist Foundation Independent Examiner's Report to the trustees of The Naturist Foundation I report to the Charity Tnjsiees on my exan)ination of the accounts of the Company for th¢ year ended 31 Mar¢h 2024. Responsibilities and basis of report As the Chariry's Trustees of the Company {#nd also its directors for the puryoses of company lawl you are responsible for the preparation of the accollnts in aecordance with the requirements of the Con3panies Act 2006 I'the 2006 Aet'l. Having satisfied rnyself thai the accounts of the Company Are not r¢quired to be Audited under Part 16 of the 2006 Act and are eligible for independent exan)ination. I report in tespect of my examination of your Charity's accounts as carried out under section 145 of tbe Charities Act 2011 {'the 2011 Act,). ID carrying out my examination I have followed the Directions given by the Charity Commission under srttion 145{5)Ib} of the 2011 Aet. Independent exaJDiner's statement Since the Cornpany's wss in¢ome exceeded £250,000 your examiner must be a n)ember of a body listed in se¢tion 145 of the 2011 A¢t. l ¢onfirni that l aln qualified io undertake the examination because l am a member of Association Of Chaner¢d And Certified Accountants (ACCA), which is one of the listed bodies. I have compl¢t£d my eXamin&tio￿ I confm that no matter5 have come to my attention in connection with the examination giving me cause to believe: accounting record5 were not kept in respect of The Nawrist Foundation as required by section 386 of the 2006 Ath,. or 2. the 8ccounts do not acGord with thos¢ r¢cord5; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirEmeni that the accounts give a 'true and fair view whieh is not a matter eon5idered as part of an independent examination" or 4. the accounts have noi been prepated in aecordance with the methods and principles of the Statement ot Recommend¢d Praetice for a¢¢ounting and reporting by chaTities lapplicable to charities preparing their a¢¢ounts iu accordance with the Finan¢ial R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have uo ¢on¢¢ms and bave come across no other matteTS in connection with tbe examination to which attention should be dra￿ll in this report in order to enable a proper understanding of the accounts to be rea¢htd. Mr C Watson A550¢iation Of Chartered And Certified ACCO￿tantS (ACCA) Date.. Pagc 4

The Naturist Foundation Statement of Financial Activities for the Year Ended 31 Mgreh 2024 Oncluding Income and Expendithre Account 2nd Statement of Totsl Recognised Gafins and Losses) Unrestritted funds 2024 Tot81 2023 Note Income alld Endowments from: Donations and l¢g&¢ies Charitsble activities Investment in¢0￿C Other in¢ome 45,811 345,295 17,785 79.713 335,688 1,737 (14,583) Total In¢0￿e 408,891 402,555 ExpeDditure on: Charitsble activities {253,394) 427,582) Totsl expenditttre N¢t in¢omeJ(expenditure) {253,394) (427,5821 155,497 (25,027) Net movement in funds 155,497 (25.027) Reconcili8tion &f fund$ Total fimds brou￿1 forward Totsl funds Cartied forward 769280 794,307 15 924,777 769280 All of the Charity's activities derive from continuing operdtions during the above hvo perii)d& The fi]nds breakd0V￿ for 2023 ts shown in note 15. The notes on pages 7 10 17 forni an integral part of these financi81 statements. Page 5

The Naturist Foundation (Registration number: CE014936) Balance Sheet as at 31 March 2024 Iyote 21124 2023 Fixed assets Tall￿ble assets 12 613,377 516.376 Current assets Debtors Cash at bank and in halld 13 52,780 532.267 7.567 457,812 585,047 465,379 Creditors: Amounts falling due within one year 14 {273,647 (212,475) Iyet current assets 311,400 252,904 Net assets 924,777 769.280 Funds of tbe Charity: Unrestricted income fullds Unrestricted 924.777 769,280 Total funds 15 924,777 769,280 The finan¢i81 statements on pages 5 to 17 were approv￿ by the Trustees, and authorised for issue on . and sign¢d ¢)n their behalf by.. Ms L J Howells Trustee The notes on pages 7 to 17 fonn an Inte￿al p8rt of these financial statemet)ts. P8ge 6

The Nathrist Foundation Notes to the Flnaneial Statements for the Year Ended 31 March 2024 I Charity ststu$ The Charity is Jimiied by guarantee, inco1porat￿ in England and Wales, and consequently do¢s not have share capithl. Each of the Twstees is liable to Contribute an amount not excecding £1 towards the assets of the Charity in the event of liquidation. The addres5 of its rtgistered olyice i5= Sheep¢ote LaD¢ Brocken Hurst Orpington Kent BR54ET 2 Aeeollnting polieles Sllmmary of significant accountiDg p(trlicies and key accollttting estimates The principal accounting policies applied in the preparation of these flnancial statements are set out below. Th¢s¢ p)li¢ies have b¢¢n consistently applied to all the years presented. UDlcss othcrwise stated. Statement of compliallte Thc financial Statements have been preparcd in accordan￿ with Accounting and ReportEng by Charities". Statement of Recommended Pra¢iice lapplic8bl¢ to charities prepating their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021) (issued in Oriober 2019) (Charities SORP IFRS 102)), th¢ Finaneial R¢p)rting Stsndard applicf4ble in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basi$ of prepsration Th¢ Natyrist Foundation meets the defujition of a public benefit entity under FRS 102. Assets and liabilitie5 are initi&lly recoBDiscd ai historical cost or transactlOD value unless tstherwise stated in the relevant accounting policy notes. GOIDE foneer Th¢ Trustees consider that ihere are no rnaterial uncertainties about the clwitgs ability lo continue as a goirtg concern nor any signifjcant areas of l￿￿ertainty that affeet the carrying value of a&sets held by the charity. Income and endowments All income is rttognised once the Charity has entitlement to the incom< it is probable ihat the income will be reeeived and the amount of the income receivable can be measured reliably. Dontttions legftei Donatio]ts are recognised whell the Charity has been notified wilting of both the amount and settlement date. In the event that a donp4tion is subject to c¢mdilions that require o level of perforn]ance by the Charity before the Charity is entitled to the ￿llds. the income is defErred and noi recognised until either those conditions are ￿]lY met, or the fidfilment of those ¢onditions is wholly within the ¢ontrol of tht Charity and it is piobable that these conditions will be fulfilled in the reporting period. Page 7

The Naturist Foundallon Notes to the Fin8ncRal Statements for the Year Ended 31 March 2024 Deferred income Deferred incorne represents amounts received for fvtttre periods and is ieleased to incorning resources in the period for which, it has been received. Such income is only def¢rr¢d when.. - The donorspecifies that the grant or donation must only be used in firture accounting periods. or - The donorhas imposed conditions which must be met before the Charity ha5 uThconditional entitlement. Gifv in kind Gifts in kind are re¢o8nised in diffcrent ways dependent on how they art used by the Charity.. (i) Those donoted for resalc produce ill¢ome when they are sold. They are valued F4t the amount actually realised. {ii) Those donated for onward tran5rniSSiOTJ to b¢n¢ficiaries are included in the Statenlent of Financial Activiti¢s as illcoming resources and resource5 expended when they are distributed. They are valu¢d at the amount the Chatity would have had to pay to a4uire them. liiil Those donated for use by the Charity itself are included wh¢n [￿elVable. They are valued at the amouni the Charity would have had to pay to a￿ll]re thern. ExpeDdlture All cxpcndittire is recognised once there is a legal or c¢)nstructive obl1￿10n to that expenditure, it is probable settlement is required and the amount can be measured Feliably. All ¢osts are allocated to ihe applicable txpendirure heading that aggregate silnilar costs to that category. Where ¢osts cannot b¢ directly attributed to particular headings they have been allocated on a basis consistent with th¢ use of resources, with central stsff costs allo¢&ted on thc basi8 of time spent. and depreciation charges allocated on th¢ portion of the &sset's use. Other support Costs are allocated based on the spread of staff ¢osts. CharifoblÉ tsrtivities Charitable rxpcnditurc cornpri5es those costs incurred by the Charity in the delivery of its activities and setvices for its bencfi¢itries. It includes both costs that can be allocated directly to such a¢iiviti¢s and those costs of an indirect natstre necessary to 5UPPOrt thetn. Governance Costs These iD¢lude tbe costs attributable to the Charity's compliance wtth ¢¢)nsti￿tional and statutory requirements, in¢luding audit, strategi¢ management and trustees meetings and reitnbursed expenses. T#x8tion The Charity is ¢onsidered to pass the tests set out in Parawdpb I Sch¢dule 6 of the Finan¢¢ A¢t 2010 and therefore it meets the definition of a ¢haritabl¢ company for UK CO￿OrdtiOn tax pun)oses. Accordingly, th¢ Chariry is Potentially exeryt froTn taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporntion Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent thai sucb in¢om¢ or gaits tsre applied ¢x¢lusively io charitsble puzposes. TAnglble fixed 4￿Ct$ Individual fixed assets costing £150.00 or rnore are inici811y recorded at cosi le&5 ally subsequent aecurnulated depreciation arjd subsequent accumulated impairment losses. Page 8

The Naturist Foundation otes to the Financial Statements for the Year Ended 31 March 2024 Depreciation aDd aMorti￿tiOn Depreciation 15 provided on tanguble fjxed assets 50 as to write off the cost or valuation, less any estimated residual value, ov¢r their expected ￿5¢ful e¢onomi¢ life as follows- Tr#de debtorJ Trade debtors ar¢ amounts due from customers for merchdndise sold or setvices performed in the ordinBry course of business. Tyade debtors are reco￿?1$¢d initially al the transaction price. They are subsequently measured at amortised ¢osi using the effective intcrest method. less provision for i]npairnent. A provision for th¢ irnpasrnient of ttade debtors is esiablished whet] there 15 objcctive eviden¢c thal the Charity will Dot be able to ¢ollect all amounts due F4¢cording to the original tetms of the receivables. Cash and eash equivalents Cash and cash 4uivalents comprise cash on hand and call deposits, 2nd other short-tem) highly liquid investments that ￿¢ readily ￿nVertible to a kno￿] amount of cash and are subjcct to an insi￿lfie&lll risk of change in value. Trade creditors Trdde creditors are obligati¢)ns to pay for goods or seNt¢es that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Charity does not have an un¢onditional righu ai the end of the reporting period, to defer settlement of the creditor for ai least twelve onths after the reponing dale. If there is aTJ unconditional right to defer scttlement for at least tw¢lve months after the reporting date, they are prescnt¢d as non-current liabilities. Trade creditors are r¢¢ognised initially at the transaction price and subsequently measured at amortised Cost using the effective int¢rest meihod. Borrowings Interest-bearillg borrowings are initially recorded ai fair value, n¢t of transaction ¢osts. Interest-bearing borrowiDgs are subsequenily catried at amortised ¢ost. with the differ¢nGe between the proceeds, net of ttansa¢(ion £05ts. and the 8mouDi due on redemption being recogTrised as a ¢haTge to the Statement of Financial Activities over the period of the relevallt borrowing. Interest expense ts recognised on the basis of the effective interest method al￿ i5 includcd iti inter&st payable and similar charges. Borrowings are classified as current liabilities unjess the Charity has an unconditional right to defer settlement of the liability for at least hvelve months after the reporting dale. Fund strncture Unrestricted income fi￿d5 are 8eneral funds that are available for us¢ at the Trustees discretion in fillth¢ran¢e of the objectives of the Charity. Page 9

The Naturist Fomndation Notes to the Finaneial Statements for the Year Ended 31 March 2024 Pensions and olber post retirement obligations The Charity operates a der￿ed benefit pension schcrne.Typically defined benefit plans dcfine an amount of pension benefit that an employce will receive on retirement. Usually dependent on one or more factors such as age, years of service and conwen5ation. The liability recognised in the Balan¢e Sheet in respect of de6ncd benefit pension plans is the present value of the def]ned benefit obligation at the reportlO8 date minus the fair value of plan a&sets. The defjned benefit obligation is measured using th¢ projected unit credit method. The present value of the defined benefit obligation is determined by discounting the estimated fi￿￿¢ payments by reference to tnarket yields at the reporting date on high-quality ¢orporate bonds that are denominated in the currency in whi¢h the benefits will be paid, and that have tenns to Ma￿rity approxirnating to the tern￿ of the related pension liability. Actuarial gain5 and losses are charged or credited to other ¢ompTehensive income itt the period in which they arise. FinADcial iDStrnments Classifiefttion Financial assets and financial liabilities are recognised whell ihe Ciwity becomes a party to the contractual provisions of the instrument. Financial liabilitie5 alld equity instEillnents are classified a¢cording to the substance of the contractual arrangements entered inlo. An equity insln]ment is any contract tbat eVIden￿S a residual interest jn the assets of the Ch8rity after deducting all of its liAbiliiie$. RecogniÉion tTndmeasuremenl All financial assets and liabilities are Értitially measured at traTJsa¢tion price (inclllding trdllsaction costs). except for those financial assets classified as at fair value through profit or Ios5. which are Initi￿lY measured at faiT value (which is norlnally the transaction pyice excluding transaction costs). unless the arraTLgement constiNtes a fllLan¢ing transaction. If aTJ arrangtment constitutes a finan¢ing transaction, the fir￿n¢la1 asset or finallci81 liability is measured at the present Valu¢ of the fvture payments di8COUnted at a maTket ratr of inierest for a similar debt insttum¢nt. Financial assets and liabilitie5 are ODly offset in the statement of financial position when, and only when there exists a legally ¢nforceable right to set off the recognised amounts and the Charity intends either to settle on a net basis. or to ffalise the asset and settle the liability simultaneously. FinaticiAI assets are dereco8nised whet) and only when a) the ¢outraetual rights to the cash flows from the financial asset expire or are settled, b) the Charity transfers to another party sub5taThtially all of the risks and rewards of ownership of ibe fll)ancial asse( or cl tbe Charity, despite havin8 retained some, but noi all, 5ignifi¢ant risk5 and rew￿d$ of ownership, has transferred control of the asset to another paty. Financial liabilities &Te derecognis¢d only when the obligation specified in the Contract is discharged, Cancelled or expires. Page 10

The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2024 Investhients Investments in non-convertible preferencE shares and non-puttable ordinary or preference shATes (where shares publicly traded or their fair value is reliably measurable) are measured at fair value througb profit or loss. fair value ¢at]not be measured reliably. invcstments are measured at cost less impairment. Investsnents in subsidiartes and ossociates are Measured at ¢ost less impairnM)t. For investments in subsidiari&% acquired for coi]sideration including the issue of shares qualifying for merger relief. Cost is measured by referen¢e to the nominal value of the siwes issued plus fair value of other consideration. Any premium is i￿ored. Jjerivaliwefinoneial iu&truments The Charity uses derivative fmatjcial instnunenis to reduce exp)sure to foreÈgn exchange risk Ènd interest rate movements. The Clwity does not hold or issue derivaiive fjDan¢i￿ it)stNments for speculalivc purpose5. Dcrtvativcs are initially recognised at fair value at the date a deTivative contract is entered into 8t￿ are subsequently remea5ured to their fair value at each reporting dale. The resulting gain or Ioss 15 recogt)ised in Statement of fiT]ancial activitles immedialely unless the detivative is designated and effective &$ a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship. F&lr vfjlue meusurement The besi evidenc¢ of fair value 1$ a quoted price for an Èdcnticol asset in an active market. When quoted priees are Unavailable, the pri¢e of a recent transaction for an identÈcal asset provides evidence of fair value as long as there has not been a SI￿1ficant change in economic circumstances or a 51gnifi¢ant lapse of time since the transaction took place. If the rn￿k¢t is not active and recent transactions of an identical a5S¢t on their own are not a good estimate of fair value, the fair value is estirn8ted by using 8 valuation tec]Jnique. 3 llleome from donations legacies Unrestricted funds Genernl Total 2024 Tot41 2023 Donations and legacie4 Donations individuals Gifts in kind 9,064 36,747 9,064 36,747 60,847 18,866 45,811 45,811 79,713 Pogell

The Naturfist Foundation Not￿ to the Financial Statements for the Year Ended 31 March 2024 4 1Dconw from charitsble acti￿tieS Unrestrieted funds Gether*l Total 2024 Total 2023 MernbeTship Seasonal Camping Meadow Camping Paty In The Stark R¢sidenÈS Electric Recovery Members And Residents Showers LA)ckers Chalcl Laundry Day Visits Winter StOTage Jazz Wellness Scyttfest 54J12 104.172 31,519 41,038 19,040 21.552 2,113 520 10,900 1,739 9,690 12,845 12,791 1,461 1,121 7.332 2,708 4,771 324 5,347 54,312 104,172 31,519 41,038 19.040 21.552 2,113 520 10,9 1.739 9,690 12,845 12.791 1,461 1,121 7,332 2,708 4,771 324 5,347 59,116 105,149 24,863 30,255 13,670 24,268 2,687 460 10.171 2,074 8.585 11,996 12,515 1,853 949 4,834 2522 10,(H)6 300 9,415 335,688 SK Gas Bottle Sales General Evellts- Ad-Hoc Catuing Con¢ession Other Incorne 345.295 345.295 S Investment ID¢ome Unrestricted funds General Totsl 2024 Totsl 2023 Interest receivabl¢ and sirnilar incorrK' Interest re¢eivable on baJ]k deposits 17,785 17,785 1.737 6 Other income Total 2024 Tot41 2023 Covid Mernber5hip Repaid 114,583) Page 12

The Naturist Foundation Notes to the Flnancial Statements for the Year Ended 31 March 2024 7 Expenditure on charitable activities Uorestricted funds Ceneral Totsl 2024 Total 2023 Note Stsff costs Electricity Party In The StsTk O¢ttsberfest Scarefest SK Office Supplies 91,655 39,110 24.041 1.736 740 2,018 5.961 2,747 5,306 (1,626) 1.074 7,048 8,001 3,484 1.863 17,520 18271 4,190 10,171 {55,888) 3,151 4,501 1,187 5,315 2,300 1,638 91,655 39,110 24,041 .736 740 90,994 54,962 22,203 1,132 2,187 6,595 3.252 4.469 17,135 14.882 9,116 9,580 351 2.018 5.961 2,747 5.306 (1.626} ,074 7,048 8,001 3.484 1,863 17.520 18,271 4,190 10,171 {55,888) 3.151 4,501 1.187 5,315 2,3(K) 1,638 Advertising GroundslBuildÉng Maintenance Swimmin8 Pool Health & Safety Refjse And Waste Chalet Mobile Homes Perimeter F¢n¢e Insuranc¢ Cleaning 17,638 2,403 4,905 9,866 55,888 3,321 43,985 1,078 1.991 2,378 8,676 Toilet Block Website Plant Purchase And Maintenon¢e Security Gas Bottle Purchase General Events- Ad-Ho¢ Arneoity ITnprovements Catering Concession Wellness Camping Expenses Miscellaneous Expenses Goven. ice costs 2.801 75 2.991 4.976 37,037 2,801 75 2,991 4,976 37.037 1,109 171 67 (1,464) 34,719 253.394 253,394 427,582 Page 13

The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2024 Incorporated into the above expenditure are governance ¢osts of £37.037 {2023 - £34,719) whi¢h r¢18te dtrectly to ch8ritsble activities. See note 8 for fillther details. 8 Analysis ofgovernance and 5UPPOrt costs GDverDanee and Support Costs Unrestricted funds Ceneral TotAI 2024 Total 2023 Support fees Depreciation Subscriptiotts Rates And Water Bank Charges Govemance- Legal fecs 19,748 1,815 {456) 5.021 10,909 19,748 1,815 {456} 5,021 10,9¢19 11,606 1,878 1,177 20.058 37,037 37,037 34,719 9 Trustees reJDuneration and expenses No Trustees. nor any pct50ns ronne¢t¢d with havc received any remuncration from the Charity during the year. 10 Stsff eosts The a88regatc payroll costs were as follow5.' 2024 2023 Staff costs during the year were: Wages and salaries So¢ial seeur5ty eosts P¢nsi¢)n costs 90.887 89263 785 946 768 91,655 90,994 Page 14

The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2024 The mortthly average number of person5 {includtng s¢ntor m8nagemeDt / leadership team) employed by the Charity duting the year expressed as fvll time cquivalents wa5 as follow5= Administrative.. 4 (2023 .. 4) Ground maintenance.. 3 (2023 . 3) Other: 412023 . 4} No employee received emoluments of more than £60.000 during the year. 11 Tayation The Charity is a registtrcd Charity and is therefore exempt from ta￿tIOn. 12 Tangible fixed assets Land and buildings Furniture and equipment Total At l April 2023 Additions 492,429 61,702 75,400 55,047 567,829 116,749 At 31 March 2024 554,131 130,447 684,578 Dtpreti#tio At l April 2023 Charge for the year 51,453 19.748 51,453 19,748 At 31 March 2024 71.201 71,201 Net book v&lue At 31 Marth 2024 554,131 59.246 613,377 At 31 March 2023 492,429 23,947 516,376 13 DebtOT5 2024 2023 Trnde debtors Prepayments Expenses in advan¢¢ Other debtors Net Wages 28,540 10,344 4,722 9,174 2,473 2,960 2,134 52.780 7,567 Page 15

The Naturist Foundation Notes to the Financial Statejnents for the Year Ended 31 March 2024 14 Creditors: amounts fg11iDg due within ODe year 2024 2023 Trade ¢reditors PAYE and NIC creditor Chalet Day visits in 8dv8nce Society funds Pensions payable Children's fi￿d Bare Bootleg income in advance Jazz Festival incom¢ in 8ilvanc¢ A¢cnJals Ad-ho¢lwellb¢inglBH5k in advancx CH Holiday Meadow income in advan¢¢ CS income in advance BH5k in advance Pits income in advancc WinteT Storage income in advance Associate membership in advancc Oktobttfe5t income in advance Petanque c(>mpetilion income in advance Game5 and Social CAS Day visits in advance 7,953 1,415 7.413 4,351 865 (850) 212 3.861 212 1,396 15,785 3,274 3,360 2,920 4,193 132,684 5.630 2.820 385 110,112 1,260 26,658 3,590 46.915 28.991 4,756 53,793 186 3,056 2,074 l86 26 273.647 212,475 15 Funds B8lADet #t I April 2023 Jncomin% resottrees Resources expended BAl8nee At31 March 2024 Unrestricted fund$ General 769.280 408,891 253,394) 924.777 BAlattee at I April 2022 Ineoming resourees Resources e5peThded BalAnee At 31 March 2023 Unrestrltted funds Genernl 794.307 402,555 427,582 769.280 P&ge 16

The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2024 16 Analysis of Det assets between funds Unrestrieted fulld$ General Total funds at 31 Mareh 2024 Tangible fixed assets Current assets Cuzrent liabilities 613.377 585,047 (273,647 924,777 613.377 585.047 {273,647) 924,777 TotAI net &sset5 UDre5tricted funds CeDeral Total funds at 31 March 2023 Tartgible fixed assets Current assctS Current liabilities 516,376 516,376 11 465.379 (212,475 465,379 (212.475) Totsl net a55ets 769280 769.280 Page 17