## **THE NATURIST FOUNDATION CIO ANNUAL REPORT** ## **12 Month period YEAR ENDED 31[ST] MARCH 2025** The Naturist Foundation aims to provide naturist recreational facilities and maintain ancient woodlands for the public benefit. Tom Hall resigned as a Trustee of the charity during this period for health reasons and has not been replaced. Our Head Groundsman retired and a new Head Groundsman was appointed from the existing ground staff team. Additional staff were recruited, namely, a full-time groundsman and a part-time receptionist. 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 public, the Social and Games Committee again organised a timetable of events to take place. Ongoing marketing activity for events, and the benefits of naturism through multiple media channels, continues to attract increasing attendance levels at events and new associate membership applications. Infrastructure improvements during this period included: The completion of the new perimeter fencing project. New PVC windows to the pavilion and offices, New PVC windows, new lighting and a rebuilt flank wall to the ‘Cowshed’ Recreation Hall. The grounds and infrastructure continued to be maintained by employed ground staff, the paid services of outside contractors and where necessary 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 IA company litnited by guarantee) Annual Report and Unaudited Financial Stat¢m¢nis for the Year Ended 31 Mar¢h 2025 Thompson Elphi¢k The Corner Housc 2 Hi(Th Street Aylesford Kent ME20 7BG The Naturist Foundation Contents Reference and Admsnistrativ¢ Details Tnistees. Report 2to3 Independent Exaininer's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7t0 17 The Naturist Foundation Reference and Administrative Details Trustees Mrs L J Howells Ms P F Mills Mr S P Paton Charity Registration Number 1179641 Ctsrnp#ny Regi$trAtion Number CE014936 The Charity is inc0ry￿)rated in England and Wales. Brocken Hurst Shetptott Lane Orpington Kent BR5 4ET Registered Office Page I The Naturist Foundation Trustees, Report The Trustees, who are diT¢GtOTS for the purposes of company law, preseni Ihe antlual report together the ftnan¢ial staiements and auditors, report of the charitable company for the y¢ar ended 31 March 2025. Objectives and activities Objects and aims The Charity maintains the local woodland for the b¢nefit of naturists and the public. The Charity ainis to maintain its facilities io a high standard and continue its fundraising and ￿MMUnIty programs. Public benefil The Charity's objective5 are to provide recreational facilities alongside maintaning ancient woodland for the benefit of the public and naturist5. These activities are ongoing during ihe period presented. The Trustees confjrm that they have ¢omplied wth the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for En8Jand atjd Wale5. Fingncial review It 15 the policy of the Charity that unrestricted fiJtJds whith hav¢ not bcen desL8nated for a spe¢ific use should be maintained at a level equivalent to behveen three and six months expenditure. The Tru5tee5 consider thai rnaintaining this level will ensure no disNptions in the evcnt of a significant dTDP in fvndin8. This level of fjjnding has been exceeded throughoui the period. Following a successful application to Th¢ Charity Commission in April 2018. all Assets and Liabilities transferred to a new Charitable Incorporated Organisation (Charty No. 11796411 as of 01 January 2019. The fomer Charity ¢eased activities on the same date. On preperaiiotl on the Charity accounts for 2025, a fen¢ing ¢ost reGognised in the profit artd loss account in 2Q24 ha5 been reclassified as a fjxed ￿et on the Balance Sheet. Th55 is not constdered a material adjustment. Structurey governance 3nd management Nalure of80ver￿1￿8 do¢Mmeni The Charity is a c.haritable Incorporated Organisation ¢ontrolled by its governin8 document, lis ¢on5titution. Recruilmenl 4nduppoinlmeNI of Trustees The Trustees who served during the year. and up to the date the financial siatements werc si8n¢d, are 25 folS0ws= Mrs L J Howells Mr5 P J Mi115 Mr T M Hall - Re5igncd 1610712024 Mr S P Paton The power io appoint and remove Twstees is vested in the surviving or continuing TNstees. The number of Trustees capable of being appointed Is unlimit¢d. All Trustees are volunteers And the C.haTity employs personnel as it deems nece55ary to admÈni5ter the grounds and maintain the facilities. Page 2 The Naturist FoundatioD Trustees, Report Stat¢mezJt of Trnst¢¢s' responsibilities The Trnstees (who are also the directors Df The Nab￿iSt Ft)urtdation for th¢ pwpose5 of ¢ompany 10wI are re5ponsibl¢ foT preparing the TnJstec5' rcport and the financial staiementg in 8ccordance with appli¢gbl¢ law ond United Ksngdom Accounting StaThdards (United Kingdom Generally Ac¢¢pted Accounting Practicex including FRS 102 The Fin8ttcial Reportirbg Standard applicablc in thc UK and Republic of Ireland" Company I#w TEqUiTe5 th¢ fru5t¢ES to prepare financial statements for eath firtan¢ial y¢Ar. Under ￿MpallY law the Truslee5 must not apprnve the financial statements they are $Ètisfi¢d that they give a true and fair view of the Sta￿ of affairs of the charitsble company And of the incorning r¢50urce5 and applicaiion of resources. includin8 its In￿Me and expetLditure, of the tharitsbl¢ ¢ompany for that period. In prep¥inB thes¢ finontial stAtem¢nis, the T￿sts¢$ are required to.. select suitable aceowiting policies apply the4n ¢onsisteThtly' obs¢Ev¢ the methods PTiJ)¢iples in the Ciwities SORP; mak¢ judg¢m¢nts and estimates are rea%)nabl¢ and prudent; state whether applicable acwunting st￿derdI wmpri5ing FRS 102 have been followed, subj¢Et to any material depthures disclosed and explAined in th¢ finAuci3J statem¢nts' and prepare the financial ststemer￿ the going concern basis unless it is inappropTi4* to presumt that the ¢haTitabl¢ ¢ompany will contirkue in business. The Tru5tee5 are re5POtL5ible for keeping proper a¢¢ounting records that disclose re￿1￿*bIe accuracy at aThy time the financial position of th¢ ¢haTitabl¢ compatly ￿ enable them to eJ]$ure that the financial statements comply with the ComponiE5 Act 2006. They are also responsible for Safeguarding the assets of Ih¢ chatitable compaoy and hen¢e for taking reasonable 5tep5 for the prevention ¥nd detection of fraud and other irregulBritie5. The TnJ5tee5 are responsible for the maint¢n8n¢e and Inte￿ity of the uTrrporat¢ and fin8nci81 information in¢luded on the charitable company's website. Legis121ion gov¢rning the preparation and dissernin*tion of financial statements may differ from legL51ation in other jUTisdictiODS. Distlosure of inforniation to sudltor Each member bas taketl steps that they oughi to hav¢ taketl a5 a member order to m•kn th¢m5elves aware of any relevant audit infornLation and to establish that the Charity's auditor L5 aware of that infornjation. The Tru51ets ¢onfirn that there is no ¥el¢vaM infornthtion ihat they know of and of which they know the auditor 1$ nawdre. The annual report wa5 approved by th¢ Tru51ee5 of the Charity on....... .... IS.. and signed on its behalf by: Mrs L J HOMEIIS TTUSt¢e Page 3 The Naturist Foundation Independent ExamiDer'$ Rèport to the trustees of The IYaturi5t Foundation I report to the Charity Trustees on my examination of the accounts of the Cornpany for the year ended il March 2025. Responslbilitit5 #nd basis of report As the Charity's Tnjstees of the Company {and also its directors for the purptsse5 of company law} you are responsible for the preparation of the accounts in accordance with ihe Tequirernents of the Coznpani¢5 Act 2006 I'the 2006 Act'l. Having satisfied myself that the accounts of the Company aTe not required to be audit¢d under Part 16 of the 2006 Act and are eligible fot indepcndcnt examination, I report in respeet of my examination of your Charity's 8L¢ounts as carried out under seciion 145 of the C.haritie5 Act 2011 I'the 2011 Act'l. In carrying oul my examinatioii I have followe(I the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's ststement Since The C.ompany's gross incorne exceeded £250.000 your examiner must be a mcmber of 2 body listed in 5CCtion 145 ofthe 201 l Aci. I confirni that I am qualified to undertake Ihe examination because l arn a Tnember of Association Of Chartered And Certified At¢ountant5 IACCAI, which is one of the listed bodies. I have completed my examination. I eonfJnD that no rnatters hawe ¢ome to my attention in connection with the examination giving rne cause to believ¢.. accounting records were kept in rc5pect of The Naturist Foundation as required by section 386 of the 2006 A¢t', or 2. the accounts do not ac¢ord with those records- or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act oiher than any requirement that the accounts ￿ve a 'true and f21r view, which is not a matter considered as part of an indepertdent examination.. or 4. the accounts have not been prepared in accordance with the methods a]id principles of the Staiem¢nt of Recommended Practice for accounting ond reporting by choritlC5 lapplicable to eharJtie5 preparing tiieir accounts in acwrdance with the Financial RerK)rting Standard applicable in the UK and Republic of Ireland IFRS 102}1. I have no concerns and have ¢o]ne across no otheT mattcr5 in connection with th¢ examination to whirh attention should be drawn in ihis report in order io enable a proper understsnding of the accounts to be reached. Mr C Wat50n A550ciation Of Chartered And Certified Accotsntant5 IACCAI Date.. Page 4 ## **The Naturist Foundation** ## **Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)** |**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Investment income
5
Total income
**Expenditure on:**
Charitable activities
6
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**funds**
**2025**
**£**
20,690
385,207
19,407
425,304
(390,442)
(390,442)
34,862
34,862
924,777
959,639|**Total**
**2024**
**£**
45,811
345,295
17,785| |---|---|---| |||408,891| |||(253,394)| |||(253,394)| |||155,497| |||155,497
769,280| |||924,777| All of the Charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2025 and 2024 is shown in note 14. The notes on pages 7 to 17 form an integral part of these financial statements. Page 5 ## ||Note|2025||2024|| |---|---|---|---|---|---| |Fixed assets|||||| |Tangible assets|11||704,287||613,377| |Current assets|||||| |Debtors|12|36,619||52,780|| |Cash
at bank and in hand||506,882||532,267|| |||543,501||585,047|| |Creditors: Amounts falling|||||| |due within one year|13|(288, 149)||(273,647)|| |Net current assets|||255,352||311,400| |Net assets|||959,639||924,777| |Funds of the Charity:|||||| |Unrestricted income funds|||||| |Unrestricted funds||959,639||924,777|| |Total funds|14||959,639||924,777| The Naturist Foundation Note5 to the Financi&l Statements for the Year Ended 31 March 2025 I Ch#rity status The Charity is limited by guaTantee. incorporated in Englaiid and Wales, and ¢onsequently does not have share capital. Each of the Trnst¢es is liable to contribute an amount not exceedtng £1 toward5 the assets of the Charity in the event of liquidation. The addr¢s5 of its registered office is.. Brocken Hu￿t Shtepcote Lane Orpington Kent BR5 4Er 2 Aeeountlng policie5 Summary of significant accounting policies #nd key accounting estimates The principal accounting polic2e5 applied in the preparation of these fJnanci81 statements are set out below. These polÉcies have been ron5i5tently applÉed to the year5 presented, unless otherwise stated. Stgtement of tompliance The fLnan¢ial statement5 have been prepared in accoYdan¢e with Accounting and Reporting by Charities.. Statement of Recommended Practice (applicable io ¢haiiti¢s preparing their a¢¢ounts in accordancc wtth the Financial Reporting Standard applicable in the UK and Rcpublsc ofirelaod {FRS 10211 lissued in October 20191 (Charities SORP IFRS 10211. the Financial Reporting Standard appli¢able in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. Ba$1$ of preparation The Naturist Foundation Tncets the defjnition of a publi¢ bencfit entity under FRS 102. Assets and liabilsties are tnitially recognised af historical cost or transaction value un1¢5S Otherwise ￿ated in the relevant accouJ)ting policy not¢s. Going tO￿tern The Trustees consider that there are no matcrial uncertainties about the ¢harity'5 ability to ¢ontinue as a going ¢oncern ttor any significant areas of uncertainty that affect the carryin8 valu¢ of assets held by the charity. In¢ome and endowments All ineome 15 recognised ontc the Charity has entitlement io the income. it is probable that the income wll be received and the amount of the income receivable can be measured reliably. Dona¢ioNs and lÉg&eles I)onations are recognised when the Charity has been notified in writing of both the amount and settlemertt date. In the event that a donation is subject to conditions that require a level of perfomiance by the Charity before the Charity is entitled to the fund5. the income is def¢￿ed and not recognised uniil either those tonditions art fully met, or the fulfilnient of those conditions is wholly within the control of the Charity and it is probable that these nditions will bc fulfilled in the reporting period. Pa8¢ 7 The Naturist Foundation Notes to the Fillancial Statements for the Year Ended 31 March 202S Deferred in¢onie Deferred income represent5 amounts received for future periods and is released to incoming resources in the period for thich, it has been received. Such income is only d¢feTred when.. The donor specifies that the grant or donation must only bc used in future a¢counting periods. or The donor has iTnposed ¢ondiiions whith must be met before the Charity has unconditional entitlement. Gifis in Gifts in kind are recognised in different ways dependent on how they are used by the Charity.. lil Those donated lor resale produce income when they are sold. They are valued at the amount actually realised. lill Those donated for onward transmi5SlOn to beneficiaries are included in the Ststement of Finan¢ial A¢tivitie5 as incoming resources and resources expended when ihey are distributed. They are v&lued ai rh¢ amount the ChÈriry would have had to pay to acquire them. liiil Those donated for use by the Charity itself are included when r¢eeivable. They ar¢ valued at the amount the Charity would have had to pay to acquire thcm. Expenditure All expenditure is recognised once tliere 15 a legal or consiructive obligation to that expendtiure, il is probable 5¢tt1emeni is required and the amount can be rn¢asured reliably. All costs are allocated to the applicable expenditure heading that ag8regatC 5imilaT C05t5 to that category. Where costs tattnot be directly attributed to particular headings they have be¢n allocated on a basis Consistenl Wth the use tsf resources, wth central staff costs allocated the basis of time spent, and depreciation Charges a]lo¢ated on the portion of the Bs5et's use. Other 5UPIK>rt costs are allocat¢d bas¢d on the spread of staff eosts. Choriluble fjdlvlties Chariiable expenditure comprises those costs incurred by ihe Charity in the delivery of its aetivilies and services foT its beneficiar￿es. It includes both costs that can be allocat¢d diTectly to such a¢tiviti¢s and those rosts of an indirect nature necessary to support them. Govtrn9ne* eost$ These include the costs attributable to the Charity's Compliance with constitutional and Statutory requirement5, in¢ludin8 audit. 5tratcgic manaBcment and tru5tc¢s meetings and reimbursed cxpenses. T*xgthoD The Charity is considered io pass ihe iests sei out in Paragraph I Schedult 6 of the Finance Act 2010 and therefore it meets the d¢fJnititsn of a chariiable company for UK corporation tsx pu￿OseS. Accordingly, th¢ Charity is potentially exempt froTn tuation in respect of income or capital gains received withtn categvric5 covered by Chapter 3 Part I l of the c.orporation Tax Act 2010 or Section 256 of the Taxation of Chargeoble Gaios Aet 1992. to the exEent that such in¢oTne or gains are applied exclusively to charitable purposes. Tangible fixed asset5 Individual fixed as5¢t5 ¢OSting £150.00 or more att initially recorded at C051. less any subsequent accumulated depreciation and subsequent accurnulated impaiment losses. Page 8 The Naturist Foundation Notes to the Finaneial Statements for the Year Ended 31 March 2025 DeprecialioN and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. Trade debtors Trade debtors are amounts due from customers for merchandise sold or Se￿Ie¢S performed in thc ordinary course of business. Trdde debtor5 are recognised initially at the transaction pric¢. They are subsequently measured at amortised cosi using the effective interest meihod, less provision for impairment. A provision for the impairmellt of irade debtors is established when there is objective evidence that the Charity will not be able to colletl all amounts due according lo th¢ original tern15 of the receivables. Cish and eash equivalents Cash and tash equivalents ¢ompri5e cash on hand and call depo$its, ot)d othcr short-temi highly liquid investjnents that are readily Convertible to a known amount of c&8h and are subject to an instgnificant risk of ¢hang¢ in V￿u¢. Trade eTeditors Trade creditor5 are obligations 10 pay for good5 or services that have been atquired in the ordinary ¢ourse of business from suppli¢TS. A¢¢ounts payable are classzfied as current liabilities if the Cliariry doe5 not have an un¢onditiona] right. at th¢ end of the reporting period, to defer settlement of the ereditor for at least twelve month5 hfter the reporting date. Jf there is an unconditional righi io defer settlement for at least twelve months after the reporting date. they are presented as non-cutrent liabilities. Trade creditors are recognised initially ai the transaction price and subsequently measurcd at amortised Cost Using the effective interest method. Borrowings Int¢re5t-bearing borrowiThgs are initially re¢orded at fair value. net of transaction costs. Interest-bwing borrowing5 are subsequently carried at amortiS¢Lf cost. with the difference behv¢en the proceeds, tset of transaction costs. and the amount due on redemption being recognis¢d as a charge to th¢ Ststement of Financial Activities over the period of the relevant bom)wing. Interest expense is recognised on the basis of the effective ifttere$l method aDd is included in interest payable atbd Similar charges. Borrowings are classified as cu￿ent liabilities unless the Charity has an unconditionAI right to defer settlement of the liability for at le&st twelve months after the reporting date. Fund 5tDJeture Unrestricted inctsme fullds are general funds that are available for use ai the Trust¢es discretion in furtherance of the objectives of the Charity. Page 9 The Naturist Foundation Notes to the Financial Statements for Ihe Year Ended 31 March 2025 Pensions and other p05t retirernent obligatlons Tl)e Chariry operates a defined benefit pension scheme.Typically defsned benefit plans define an Amount or pension benefit thai an employee will receive on retirement, Usually dependent on one or more factors such as ge. year5 of Service and GOTnpensation. The liability recogni5ed in the Balaiice Sheet in respect of defincd benefit pension plans is th¢ presenr value of the defined benefit obligation at the reporting date minu5 the fair value of plan as8ets. The defined benefit obligaiion Is measllred using the projected unit credit method. The present value of the defined benefit obligation is deiemined by discounting the estimated fi]ture payments by reference to market yields at the reporting date on high-quolity corporate bonds that are denominated in the currency in which the benefits will be paid. and that have temis to ma￿rity approximating io the terms of the related p¢nsion liability. Actuarial gains and 105se5 arc charged or credited to other COMp￿hen$1v¢ in¢ome in the period in which they arise. Finantisl tnstrnments Financial assets and financial liabilitics are recogni5ed when the Charity b¢¢om¢s a party to the contractual provisions of the instrument. Financial liabilitEe5 and equity instruments are cla5sificd aGcording to the substance of the contractual arrangements entered into. An equity instrument is any contract that ewd¢nc¢s a residual interest in the assets of the c.harity after deducting all of its liabilities. ReeogfvltAoA measuremélll All financial assets and liabilities are initially measured ai iFansaction price (including transarfion c05t5), except for those fJnancia] assets classified ￿ at fair value through proflt or loss, whi¢h are initially me&%ured at fair value {which is norn￿llY the transaction pric¢ excluding traJ15action cost5). unl¢s5 the arrangement constitu￿$ a rinancing tr2llsaction. If an arrangement constitutes a financing transaction. the financial asset or fjnanrial liability ts measured al the present value of the future payments di5countcd at a market rdte of interest for a ssmilar d¢bt instrument. FiDan¢ial asseis and liabilities are only offset in the statement of financial position when, and only when there ex15ts a legally enforc¢ablc right 10 sel olTthe recognised amounts and the Charity intends either to 5¢tt1¢ on a net basis, orto realise the asset and Settle the liability simultaneously. Financial assets are derectsgnised when and only when a) the COntr￿tUal rights to the tash flows from the rJnat]cia] asset expire or are Settled. b) the Charity transfeT5 to another parry subsianiially all of the risks and rewards of owiership of the fjnancial a5SCt. or cl the Charity, dE5Plte having retaincd 50m¢. but not all, signiftcant risks and rewards of 0￿￿ershiP, has transferred control of the asset to another party. FiJ)an¢ial liabilities are derecognised only when the obligation specified in the contrydct 15 discharged, ¢an¢elled or expires. Page 10 The Naturist Foundatiojj Notes to the Finaneial Statements for the Year Ended 31 March 2025 Investmenls Investments in non-convertible preference shares and non-puttable ordinary or preference share5 (where shares '¢ publicly ITaded or their faiT value is reliably measurable) are measured at fair value through profit or 105S. Where fair value cannot be nieasured reliably, investtnents are measured at cost less inipaimient. Investments in sub5idiarie5 and associates are measured at COSt less impairmettt. For investments in subsidiaries a¢quired for consideration including the i55ue of shares qualifytng for tnerger relief, cost is measured by rcference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored. DerivulivefiN&Kcittl ihslrMmen15 Th¢ Charity uses derivative fjnancial instrnTnentS to reduce exposure to foreign exchattge risk and interest rate movements. I'he Charity does noi hold or issue derivative ftnancial instruments for speculative purposes. Derivatives are initially recognised at fair value ot the date a derivattve contract is entcred into and 8 subsequently remeasured to their fair value ai each reporting date. The resulting gain or loss is re¢ognised in stsiement of financial activities immediately unle5S th¢ dcrivative 1$ designaied and effective as a hedging InstrU￿tnL in which event the timing of the recognition in statemeni of fjnancial activiiies depends on the nature of the hed8e relationship. Fuir vulue measuremettt The best evid¢nce of fasr valiie is z quoted price for an identical asset in an attive market. When Quoted prices are unavailable. the price of a recent trnnsaction for an identical asset provides evid¢nce of fair va]ue as long as there has not been a significonr change in economic circumstances OT a significant lapse of time since the trdll5action took place. If the market is not active and iecent transa¢tion5 of an identical a$5et on their own ar¢ not a good cstimate of fair value, the fair value is estimated by using a valuation technique. 3 Income frorn donations Itg4eies Unrestricted Total 21125 Total 2024 Gener21 Donations and leg2¢ies: Donations from individua15 Gifts in kind 68 20.622 68 20.622 9,064 36.747 20.690 20.690 45.811 Page 11 The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2025 4 Intorne from charitable activitie5 Unrestricted funds General Total 2025 Total 2024 Membership Seasonal CaTnping Meadow Camping Party In The Stark Residents Electric Recovery Members And Residettts Showers Lo¢kers Chal Laundry Day Visits Winter Storage 56,709 117.193 26,679 46,866 18,975 22,411 1317 613 10,908 1.822 11,444 13,119 8,117 1377 56.709 117,193 26.679 46.866 18,975 22,411 2,317 613 10.908 1.822 11,444 13,119 8,117 2,377 54.312 104,172 31,519 41.038 19,040 21,552 2.113 520 10.900 1,739 9,690 12.845 12,791 2.842 1,461 Octoberfest Wellness Bare Bootleg Pentanque Competition Income Scareftst SK Gas Bottle Sales General Events- Ad-Ho¢ Catering Concession Other Income 21,895 3,845 51 10.126 2.854 6,309 350 227 21,895 3,845 51 10.126 2.854 6.309 350 227 7.332 2,708 4,771 324 2,505 345295 385.207 385207 S lllvestrnent illeome Unrestricted funds Genergl Total 2025 Total 2024 Interest receivable and similar income: Interest receivable on bank deposits 19.407 19,407 17,785 Page 12 The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2025 O Expend5ture on charitable activitie5 Unrestritted funds Gener21 Tot21 2025 Total 2024 Note Staff costs Electricity Party In The Stark Bare Bootleg Penbianque Competition Expenses Octoberfest Scaref¢st SK 105,120 40,977 26.050 18,399 913 1.655 105,120 40,977 26.050 18,399 91) 1.655 91,655 39,110 24.041 1.736 740 3.165 8.058 1.132 6,172 76,948 3,213 11,154 6,558 1.420 407 117.5201 12,624 4.356 9,134 3,165 8,058 2,018 5,961 2.747 5,i06 11,6261 1.074 7.048 8.001 3,484 1,863 17.520 18.271 4,190 10,171 155.888) Office Suppli¢s Gas Advertising Ground&lBuilding Maintenance Swimming Pool Health & Safety Refijse And Waste Chalet Mobile Homes Perimeter Fence Insurance Cleaning 6,172 76,948 3.213 6,558 1.420 407 117,520) 12,624 4,356 9,134 Toilet Block Websiie Plant Purchasc And Maintenance Security Water Gas Bottle Purchase Generdl Events - Ad-Hoc Catering Con¢ession Wellness Camping Expenses MisG¢ll&n¢ous Expenses Governance cost5 3.322 2,551 931 8,220 2.755 7,365 1517 2.551 931 8,220 2,755 7,365 2,517 4.501 1,187 5.315 2,300 .638 2.801 75 2.991 4,976 37,037 3.588 39,258 390,442 3.588 39258 390.442 253.394 Page 13 The Naturist Foundation Notes to the Financial Statements for the Year Ellded 31 March 2025 Incorporated into the above expenditure are governance ¢osis of £39,25812024 - £37,037) which relate diTecily io chaTiiable activities. See note 7 for further details. 7 A￿alYSIS of governance and 5UPPOrt costs Governanoe and Support costs Unrestrieted funds Gener91 Total 2025 Total 2024 Supptsrt fees D¢pr¢¢iation Subscription5 Rates And Water Bank Charges Governance- Legal fee5 19,889 2,887 812 4.390 11.280 19,889 2,887 812 4,390 11.280 19.748 1.815 14561 5.021 10.909 39.258 39,258 37.037 8 Trustee5 rernuneratlOD #nd exp¢n$es No Trustees. nor any persons connected with them. have received any remuneration from the Charity during the 9 Staff costs The aggregate payroll costs were as follows.. 2025 2024 Staff tosts during the year w¢re: Wages and salaries Pensiott costs 103,056 2.064 90.887 768 105.120 91.655 The monthly average number of persons (including 5¢nior management I leadership team) employed by thc ChaTity during the year expresscd a5 full tiTlle eqiiivalents was as follows.- AdminLstrative'. 4 {2023 .. 41 Ground maintenan¢e= 312023 '. 31 Other.. 412023 .' 4) Page 14 The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2025 No employee r￿e1Ved emolllments of more than £60,000 during the ytrar. 10 Taxation The Charity is a reg15ter¢d Charity and is iherefore exempt from taxation. I I T*Dgible fixed assets Land gnd buildings Furniture *nd equipment Total C05t At l April 2024 Addition5 554.131 90.480 130.447 20.319 684.578 10.799 At 31 March 2025 644,61 150.766 795.377 Depreti&tlon At l April 2024 Charge for the year 71.201 19,889 71,201 19.889 At 31 March 2025 91.09Q 91.090 Iyet book value At 31 March 2025 644.611 59.676 704,287 At 31 March 2024 554.131 59.246 613,377 12 Debtors 2025 2024 Trade debtors PrepÈytn¢ntS Expenses in advance Other debtors 26,824 1.377 4.409 4,009 28.540 10.344 4,722 9,174 36.619 52,780 Page 15 The Naturist Foundation Notes to the Fillancial Statements for the Year Ended 31 March 2025 13 Creditors.. Amount$ falling due within one year 2025 2024 Trade creditOTS PA YE and NIC creditor Chalet Day vi51t5 in advance Pensions payable Children's fund Bare Bootleg income in advance Jazz Festival income in advance AccruY419 Ad-hoc/wellbeing/BH5k in advance CH Holiday Meadow irt¢ome in advance CS income in advancc Pits income in advance Winter storage income iti advance Asso¢iaie inembership in advance Oktoberfest income in advance Petanque competition it)come in advance Game5 and Social funds CAS Day visiis in advance 16.598 1.861 9.170 319 1,417 19,235 7.953 1.415 7.413 212 1,396 15.785 3.274 3.360 2,920 4.193 132.684 28,991 4,756 53,793 186 3.056 2.074 186 3.480 ,616 2.819 131.962 34,174 4,224 57,548 50 .393 172 288,149 273.647 14 Funds B&ignce at I April 2024 Ineomiog re50urce5 Reso¥r¢es expended Balance it 31 March 2025 Unrestricted funds G¢n¢ral 924.777 425,304 {390,4421 959.639 Balance gt I April 2023 INeoming resources Resources expended Balinee 8t 31 Mareh 2024 Unrestricted funds General 769,280 408,891 1253.394) 924.777 Page 16 The Naturist Foundation Notes to the Fillancial Statements for the YÈar Ended 31 March 2025 15 Analy$i$ of Tret assets between fund5 Unrestrioted funds Getheral Tot&1 funds at 31 M#rch 2025 Ta¢)gible fJx¢d asset5 Current a55ets c.urrent liabilities 704.287 543,501 1288,149) 959,639 704,287 543,501 1288,1491 Total net assets 959,639 Unre$trieted fund5 General Total funds *t 31 MArch 2024 Tangible fjxed assets Current &sset$ Current liabiliiies 613.377 585.047 1273,6471 613.377 585,047 1273.647) Total net assets 924,777 924.777 Page 17 ## **The Naturist Foundation** ## **Statement of Financial Activities by fund for the Year Ended 31 March 2025** ## **Unrestricted Funds** |**Unrestricted Funds**||| |---|---|---| |**Income and Endowments from:**
Donations and legacies
Charitable activities
Investment income
Total income
**Expenditure on:**
Charitable activities
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Unrestricted**
**Funds**
**2025**
**£**
20,690
385,207
19,407
425,304
(390,442)
(390,442)
34,862
34,862
924,777
959,639|**Total**
**Unrestricted**
**Funds**
**2024**
**£**
45,811
345,295
17,785| |||408,891| |||(253,394)| |||(253,394)| |||155,497| |||155,497
769,280| |||924,777| This page does not form part of the statutory financial statements. Page 18 ## **The Naturist Foundation** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025** |**_Donations and legacies_**
Donation
Gift Aid donation
**_Charitable activities_**
Membership
Seasonal camping
Meadow camping
Showers
Lockers
Residents
Chalet
Other income
Party in the stark
Laundry
Day visits
Winter Storage
Electric recovery members and residents
Jazz
Wellness
Scarefest
5K
Gas bottle sales
General events - Ad-hoc
Catering concession
Bare Bootleg Income
Petanque Competition Income
Oktoberfest
**_Investment income_**
Interest on cash deposits|**Total**
**2025**
**£**
68
20,622
20,690
56,709
117,193
26,679
2,317
613
18,975
10,908
227
46,866
1,822
11,444
13,119
22,411
8,117
-
51
10,126
2,854
6,309
350
21,895
3,845
2,377
385,207
19,407
19,407|**Total**
**2024**
**£**
9,064
36,747| |---|---|---| |||45,811| |||54,312
104,172
31,519
2,113
520
19,040
10,900
2,505
41,038
1,739
9,690
12,845
21,552
12,791
1,461
1,121
7,332
2,708
4,771
324
-
-
2,842| |||345,295| |||17,785| |||17,785| This page does not form part of the statutory financial statements. Page 19 ## **The Naturist Foundation** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025** ||**Total**|**Total**| |---|---|---| ||**2025**|**2024**| ||**£**|**£**| |**_Charitable activities_**||| |Health and safety|(8,356)|(6,023)| |Wellness|-|(75)| |Electricity|(40,977)|(39,110)| |Gas|(1,132)|(2,747)| |Grounds/Building maintenance|(68,959)|1,626| |Perimeter Fence|17,520|(17,520)| |Planning Permission Expense|(7,989)|-| |Camping expenses|-|(2,991)| |Jazz|(9,134)|(10,171)| |Sundry expenses|(3,588)|(4,976)| |Refuse and waste|(6,558)|(8,001)| |Security|(931)|(1,187)| |Catering concession|(2,517)|(2,801)| |Internal phone system|-|(1,825)| |5K|(3,165)|(2,018)| |Chalet|(1,420)|(3,484)| |Toilet Block|-|55,888| |Wages|(103,056)|(90,887)| |Staff pensions (Defined contribution) - pension scheme 1|(2,064)|(768)| |Fire precautions|(2,798)|(1,025)| |Water rates|(8,220)|(5,315)| |Gas bottle purchase|(2,755)|(2,300)| |Insurance|(12,624)|(18,271)| |Mobile homes|(407)|(1,863)| |Swimming pool|(3,213)|(1,074)| |Ad-hoc events|(7,365)|(1,638)| |Plant purchase and maintenance|(2,551)|(4,501)| |Bare Bootleg Expenses|(18,399)|-| |Oktoberfest expenses|(1,655)|(1,736)| |Website|(3,322)|(3,151)| |Computer and stationery|(8,058)|(4,136)| |Petanque Competition Expenses|(913)|-| |Scarefest|-|(740)| |Cleaning|(4,356)|(4,190)| |Party in the stark|(26,050)|(24,041)| |Advertising|(6,172)|(5,306)| |Subscriptions|(2,887)|(1,815)| |Legal and professional fees|(11,280)|(10,909)| |Depreciation of plant and machinery|(12,624)|(16,833)| This page does not form part of the statutory financial statements. Page 20 ## **The Naturist Foundation** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025** |Depreciation of fixtures and fittings
Depreciation of office equipment
Rates And Water
Bank charges|**Total**
**2025**
**£**
(4,749)
(2,516)
(812)
(4,390)
(390,442)|**Total**
**2024**
**£**
(1,256)
(1,659)
456
(5,021)| |---|---|---| |||(253,394)| This page does not form part of the statutory financial statements. Page 21 Company registration number.. CE014936 Charity registration number.. 1179641 The Naturist Foundation IA company litnited by guarantee) Annual Report and Unaudited Financial Stat¢m¢nis for the Year Ended 31 Mar¢h 2025 Thompson Elphi¢k The Corner Housc 2 Hi(Th Street Aylesford Kent ME20 7BG The Naturist Foundation Contents Reference and Admsnistrativ¢ Details Tnistees. Report 2to3 Independent Exaininer's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7t0 17 The Naturist Foundation Reference and Administrative Details Trustees Mrs L J Howells Ms P F Mills Mr S P Paton Charity Registration Number 1179641 Ctsrnp#ny Regi$trAtion Number CE014936 The Charity is inc0ry￿)rated in England and Wales. Brocken Hurst Shetptott Lane Orpington Kent BR5 4ET Registered Office Page I The Naturist Foundation Trustees, Report The Trustees, who are diT¢GtOTS for the purposes of company law, preseni Ihe antlual report together the ftnan¢ial staiements and auditors, report of the charitable company for the y¢ar ended 31 March 2025. Objectives and activities Objects and aims The Charity maintains the local woodland for the b¢nefit of naturists and the public. The Charity ainis to maintain its facilities io a high standard and continue its fundraising and ￿MMUnIty programs. Public benefil The Charity's objective5 are to provide recreational facilities alongside maintaning ancient woodland for the benefit of the public and naturist5. These activities are ongoing during ihe period presented. The Trustees confjrm that they have ¢omplied wth the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for En8Jand atjd Wale5. Fingncial review It 15 the policy of the Charity that unrestricted fiJtJds whith hav¢ not bcen desL8nated for a spe¢ific use should be maintained at a level equivalent to behveen three and six months expenditure. The Tru5tee5 consider thai rnaintaining this level will ensure no disNptions in the evcnt of a significant dTDP in fvndin8. This level of fjjnding has been exceeded throughoui the period. Following a successful application to Th¢ Charity Commission in April 2018. all Assets and Liabilities transferred to a new Charitable Incorporated Organisation (Charty No. 11796411 as of 01 January 2019. The fomer Charity ¢eased activities on the same date. On preperaiiotl on the Charity accounts for 2025, a fen¢ing ¢ost reGognised in the profit artd loss account in 2Q24 ha5 been reclassified as a fjxed ￿et on the Balance Sheet. Th55 is not constdered a material adjustment. Structurey governance 3nd management Nalure of80ver￿1￿8 do¢Mmeni The Charity is a c.haritable Incorporated Organisation ¢ontrolled by its governin8 document, lis ¢on5titution. Recruilmenl 4nduppoinlmeNI of Trustees The Trustees who served during the year. and up to the date the financial siatements werc si8n¢d, are 25 folS0ws= Mrs L J Howells Mr5 P J Mi115 Mr T M Hall - Re5igncd 1610712024 Mr S P Paton The power io appoint and remove Twstees is vested in the surviving or continuing TNstees. The number of Trustees capable of being appointed Is unlimit¢d. All Trustees are volunteers And the C.haTity employs personnel as it deems nece55ary to admÈni5ter the grounds and maintain the facilities. Page 2 The Naturist FoundatioD Trustees, Report Stat¢mezJt of Trnst¢¢s' responsibilities The Trnstees (who are also the directors Df The Nab￿iSt Ft)urtdation for th¢ pwpose5 of ¢ompany 10wI are re5ponsibl¢ foT preparing the TnJstec5' rcport and the financial staiementg in 8ccordance with appli¢gbl¢ law ond United Ksngdom Accounting StaThdards (United Kingdom Generally Ac¢¢pted Accounting Practicex including FRS 102 The Fin8ttcial Reportirbg Standard applicablc in thc UK and Republic of Ireland" Company I#w TEqUiTe5 th¢ fru5t¢ES to prepare financial statements for eath firtan¢ial y¢Ar. Under ￿MpallY law the Truslee5 must not apprnve the financial statements they are $Ètisfi¢d that they give a true and fair view of the Sta￿ of affairs of the charitsble company And of the incorning r¢50urce5 and applicaiion of resources. includin8 its In￿Me and expetLditure, of the tharitsbl¢ ¢ompany for that period. In prep¥inB thes¢ finontial stAtem¢nis, the T￿sts¢$ are required to.. select suitable aceowiting policies apply the4n ¢onsisteThtly' obs¢Ev¢ the methods PTiJ)¢iples in the Ciwities SORP; mak¢ judg¢m¢nts and estimates are rea%)nabl¢ and prudent; state whether applicable acwunting st￿derdI wmpri5ing FRS 102 have been followed, subj¢Et to any material depthures disclosed and explAined in th¢ finAuci3J statem¢nts' and prepare the financial ststemer￿ the going concern basis unless it is inappropTi4* to presumt that the ¢haTitabl¢ ¢ompany will contirkue in business. The Tru5tee5 are re5POtL5ible for keeping proper a¢¢ounting records that disclose re￿1￿*bIe accuracy at aThy time the financial position of th¢ ¢haTitabl¢ compatly ￿ enable them to eJ]$ure that the financial statements comply with the ComponiE5 Act 2006. They are also responsible for Safeguarding the assets of Ih¢ chatitable compaoy and hen¢e for taking reasonable 5tep5 for the prevention ¥nd detection of fraud and other irregulBritie5. The TnJ5tee5 are responsible for the maint¢n8n¢e and Inte￿ity of the uTrrporat¢ and fin8nci81 information in¢luded on the charitable company's website. Legis121ion gov¢rning the preparation and dissernin*tion of financial statements may differ from legL51ation in other jUTisdictiODS. Distlosure of inforniation to sudltor Each member bas taketl steps that they oughi to hav¢ taketl a5 a member order to m•kn th¢m5elves aware of any relevant audit infornLation and to establish that the Charity's auditor L5 aware of that infornjation. The Tru51ets ¢onfirn that there is no ¥el¢vaM infornthtion ihat they know of and of which they know the auditor 1$ nawdre. The annual report wa5 approved by th¢ Tru51ee5 of the Charity on....... .... IS.. and signed on its behalf by: Mrs L J HOMEIIS TTUSt¢e Page 3 The Naturist Foundation Independent ExamiDer'$ Rèport to the trustees of The IYaturi5t Foundation I report to the Charity Trustees on my examination of the accounts of the Cornpany for the year ended il March 2025. Responslbilitit5 #nd basis of report As the Charity's Tnjstees of the Company {and also its directors for the purptsse5 of company law} you are responsible for the preparation of the accounts in accordance with ihe Tequirernents of the Coznpani¢5 Act 2006 I'the 2006 Act'l. Having satisfied myself that the accounts of the Company aTe not required to be audit¢d under Part 16 of the 2006 Act and are eligible fot indepcndcnt examination, I report in respeet of my examination of your Charity's 8L¢ounts as carried out under seciion 145 of the C.haritie5 Act 2011 I'the 2011 Act'l. In carrying oul my examinatioii I have followe(I the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's ststement Since The C.ompany's gross incorne exceeded £250.000 your examiner must be a mcmber of 2 body listed in 5CCtion 145 ofthe 201 l Aci. I confirni that I am qualified to undertake Ihe examination because l arn a Tnember of Association Of Chartered And Certified At¢ountant5 IACCAI, which is one of the listed bodies. I have completed my examination. I eonfJnD that no rnatters hawe ¢ome to my attention in connection with the examination giving rne cause to believ¢.. accounting records were kept in rc5pect of The Naturist Foundation as required by section 386 of the 2006 A¢t', or 2. the accounts do not ac¢ord with those records- or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act oiher than any requirement that the accounts ￿ve a 'true and f21r view, which is not a matter considered as part of an indepertdent examination.. or 4. the accounts have not been prepared in accordance with the methods a]id principles of the Staiem¢nt of Recommended Practice for accounting ond reporting by choritlC5 lapplicable to eharJtie5 preparing tiieir accounts in acwrdance with the Financial RerK)rting Standard applicable in the UK and Republic of Ireland IFRS 102}1. I have no concerns and have ¢o]ne across no otheT mattcr5 in connection with th¢ examination to whirh attention should be drawn in ihis report in order io enable a proper understsnding of the accounts to be reached. Mr C Wat50n A550ciation Of Chartered And Certified Accotsntant5 IACCAI Date.. Page 4 ## **The Naturist Foundation** ## **Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)** |**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Investment income
5
Total income
**Expenditure on:**
Charitable activities
6
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**funds**
**2025**
**£**
20,690
385,207
19,407
425,304
(390,442)
(390,442)
34,862
34,862
924,777
959,639|**Total**
**2024**
**£**
45,811
345,295
17,785| |---|---|---| |||408,891| |||(253,394)| |||(253,394)| |||155,497| |||155,497
769,280| |||924,777| All of the Charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2025 and 2024 is shown in note 14. The notes on pages 7 to 17 form an integral part of these financial statements. Page 5 ## ||Note|2025||2024|| |---|---|---|---|---|---| |Fixed assets|||||| |Tangible assets|11||704,287||613,377| |Current assets|||||| |Debtors|12|36,619||52,780|| |Cash
at bank and in hand||506,882||532,267|| |||543,501||585,047|| |Creditors: Amounts falling|||||| |due within one year|13|(288, 149)||(273,647)|| |Net current assets|||255,352||311,400| |Net assets|||959,639||924,777| |Funds of the Charity:|||||| |Unrestricted income funds|||||| |Unrestricted funds||959,639||924,777|| |Total funds|14||959,639||924,777| The Naturist Foundation Note5 to the Financi&l Statements for the Year Ended 31 March 2025 I Ch#rity status The Charity is limited by guaTantee. incorporated in Englaiid and Wales, and ¢onsequently does not have share capital. Each of the Trnst¢es is liable to contribute an amount not exceedtng £1 toward5 the assets of the Charity in the event of liquidation. The addr¢s5 of its registered office is.. Brocken Hu￿t Shtepcote Lane Orpington Kent BR5 4Er 2 Aeeountlng policie5 Summary of significant accounting policies #nd key accounting estimates The principal accounting polic2e5 applied in the preparation of these fJnanci81 statements are set out below. These polÉcies have been ron5i5tently applÉed to the year5 presented, unless otherwise stated. Stgtement of tompliance The fLnan¢ial statement5 have been prepared in accoYdan¢e with Accounting and Reporting by Charities.. Statement of Recommended Practice (applicable io ¢haiiti¢s preparing their a¢¢ounts in accordancc wtth the Financial Reporting Standard applicable in the UK and Rcpublsc ofirelaod {FRS 10211 lissued in October 20191 (Charities SORP IFRS 10211. the Financial Reporting Standard appli¢able in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. Ba$1$ of preparation The Naturist Foundation Tncets the defjnition of a publi¢ bencfit entity under FRS 102. Assets and liabilsties are tnitially recognised af historical cost or transaction value un1¢5S Otherwise ￿ated in the relevant accouJ)ting policy not¢s. Going tO￿tern The Trustees consider that there are no matcrial uncertainties about the ¢harity'5 ability to ¢ontinue as a going ¢oncern ttor any significant areas of uncertainty that affect the carryin8 valu¢ of assets held by the charity. In¢ome and endowments All ineome 15 recognised ontc the Charity has entitlement io the income. it is probable that the income wll be received and the amount of the income receivable can be measured reliably. Dona¢ioNs and lÉg&eles I)onations are recognised when the Charity has been notified in writing of both the amount and settlemertt date. In the event that a donation is subject to conditions that require a level of perfomiance by the Charity before the Charity is entitled to the fund5. the income is def¢￿ed and not recognised uniil either those tonditions art fully met, or the fulfilnient of those conditions is wholly within the control of the Charity and it is probable that these nditions will bc fulfilled in the reporting period. Pa8¢ 7 The Naturist Foundation Notes to the Fillancial Statements for the Year Ended 31 March 202S Deferred in¢onie Deferred income represent5 amounts received for future periods and is released to incoming resources in the period for thich, it has been received. Such income is only d¢feTred when.. The donor specifies that the grant or donation must only bc used in future a¢counting periods. or The donor has iTnposed ¢ondiiions whith must be met before the Charity has unconditional entitlement. Gifis in Gifts in kind are recognised in different ways dependent on how they are used by the Charity.. lil Those donated lor resale produce income when they are sold. They are valued at the amount actually realised. lill Those donated for onward transmi5SlOn to beneficiaries are included in the Ststement of Finan¢ial A¢tivitie5 as incoming resources and resources expended when ihey are distributed. They are v&lued ai rh¢ amount the ChÈriry would have had to pay to acquire them. liiil Those donated for use by the Charity itself are included when r¢eeivable. They ar¢ valued at the amount the Charity would have had to pay to acquire thcm. Expenditure All expenditure is recognised once tliere 15 a legal or consiructive obligation to that expendtiure, il is probable 5¢tt1emeni is required and the amount can be rn¢asured reliably. All costs are allocated to the applicable expenditure heading that ag8regatC 5imilaT C05t5 to that category. Where costs tattnot be directly attributed to particular headings they have be¢n allocated on a basis Consistenl Wth the use tsf resources, wth central staff costs allocated the basis of time spent, and depreciation Charges a]lo¢ated on the portion of the Bs5et's use. Other 5UPIK>rt costs are allocat¢d bas¢d on the spread of staff eosts. Choriluble fjdlvlties Chariiable expenditure comprises those costs incurred by ihe Charity in the delivery of its aetivilies and services foT its beneficiar￿es. It includes both costs that can be allocat¢d diTectly to such a¢tiviti¢s and those rosts of an indirect nature necessary to support them. Govtrn9ne* eost$ These include the costs attributable to the Charity's Compliance with constitutional and Statutory requirement5, in¢ludin8 audit. 5tratcgic manaBcment and tru5tc¢s meetings and reimbursed cxpenses. T*xgthoD The Charity is considered io pass ihe iests sei out in Paragraph I Schedult 6 of the Finance Act 2010 and therefore it meets the d¢fJnititsn of a chariiable company for UK corporation tsx pu￿OseS. Accordingly, th¢ Charity is potentially exempt froTn tuation in respect of income or capital gains received withtn categvric5 covered by Chapter 3 Part I l of the c.orporation Tax Act 2010 or Section 256 of the Taxation of Chargeoble Gaios Aet 1992. to the exEent that such in¢oTne or gains are applied exclusively to charitable purposes. Tangible fixed asset5 Individual fixed as5¢t5 ¢OSting £150.00 or more att initially recorded at C051. less any subsequent accumulated depreciation and subsequent accurnulated impaiment losses. Page 8 The Naturist Foundation Notes to the Finaneial Statements for the Year Ended 31 March 2025 DeprecialioN and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. Trade debtors Trade debtors are amounts due from customers for merchandise sold or Se￿Ie¢S performed in thc ordinary course of business. Trdde debtor5 are recognised initially at the transaction pric¢. They are subsequently measured at amortised cosi using the effective interest meihod, less provision for impairment. A provision for the impairmellt of irade debtors is established when there is objective evidence that the Charity will not be able to colletl all amounts due according lo th¢ original tern15 of the receivables. Cish and eash equivalents Cash and tash equivalents ¢ompri5e cash on hand and call depo$its, ot)d othcr short-temi highly liquid investjnents that are readily Convertible to a known amount of c&8h and are subject to an instgnificant risk of ¢hang¢ in V￿u¢. Trade eTeditors Trade creditor5 are obligations 10 pay for good5 or services that have been atquired in the ordinary ¢ourse of business from suppli¢TS. A¢¢ounts payable are classzfied as current liabilities if the Cliariry doe5 not have an un¢onditiona] right. at th¢ end of the reporting period, to defer settlement of the ereditor for at least twelve month5 hfter the reporting date. Jf there is an unconditional righi io defer settlement for at least twelve months after the reporting date. they are presented as non-cutrent liabilities. Trade creditors are recognised initially ai the transaction price and subsequently measurcd at amortised Cost Using the effective interest method. Borrowings Int¢re5t-bearing borrowiThgs are initially re¢orded at fair value. net of transaction costs. Interest-bwing borrowing5 are subsequently carried at amortiS¢Lf cost. with the difference behv¢en the proceeds, tset of transaction costs. and the amount due on redemption being recognis¢d as a charge to th¢ Ststement of Financial Activities over the period of the relevant bom)wing. Interest expense is recognised on the basis of the effective ifttere$l method aDd is included in interest payable atbd Similar charges. Borrowings are classified as cu￿ent liabilities unless the Charity has an unconditionAI right to defer settlement of the liability for at le&st twelve months after the reporting date. Fund 5tDJeture Unrestricted inctsme fullds are general funds that are available for use ai the Trust¢es discretion in furtherance of the objectives of the Charity. Page 9 The Naturist Foundation Notes to the Financial Statements for Ihe Year Ended 31 March 2025 Pensions and other p05t retirernent obligatlons Tl)e Chariry operates a defined benefit pension scheme.Typically defsned benefit plans define an Amount or pension benefit thai an employee will receive on retirement, Usually dependent on one or more factors such as ge. year5 of Service and GOTnpensation. The liability recogni5ed in the Balaiice Sheet in respect of defincd benefit pension plans is th¢ presenr value of the defined benefit obligation at the reporting date minu5 the fair value of plan as8ets. The defined benefit obligaiion Is measllred using the projected unit credit method. The present value of the defined benefit obligation is deiemined by discounting the estimated fi]ture payments by reference to market yields at the reporting date on high-quolity corporate bonds that are denominated in the currency in which the benefits will be paid. and that have temis to ma￿rity approximating io the terms of the related p¢nsion liability. Actuarial gains and 105se5 arc charged or credited to other COMp￿hen$1v¢ in¢ome in the period in which they arise. Finantisl tnstrnments Financial assets and financial liabilitics are recogni5ed when the Charity b¢¢om¢s a party to the contractual provisions of the instrument. Financial liabilitEe5 and equity instruments are cla5sificd aGcording to the substance of the contractual arrangements entered into. An equity instrument is any contract that ewd¢nc¢s a residual interest in the assets of the c.harity after deducting all of its liabilities. ReeogfvltAoA measuremélll All financial assets and liabilities are initially measured ai iFansaction price (including transarfion c05t5), except for those fJnancia] assets classified ￿ at fair value through proflt or loss, whi¢h are initially me&%ured at fair value {which is norn￿llY the transaction pric¢ excluding traJ15action cost5). unl¢s5 the arrangement constitu￿$ a rinancing tr2llsaction. If an arrangement constitutes a financing transaction. the financial asset or fjnanrial liability ts measured al the present value of the future payments di5countcd at a market rdte of interest for a ssmilar d¢bt instrument. FiDan¢ial asseis and liabilities are only offset in the statement of financial position when, and only when there ex15ts a legally enforc¢ablc right 10 sel olTthe recognised amounts and the Charity intends either to 5¢tt1¢ on a net basis, orto realise the asset and Settle the liability simultaneously. Financial assets are derectsgnised when and only when a) the COntr￿tUal rights to the tash flows from the rJnat]cia] asset expire or are Settled. b) the Charity transfeT5 to another parry subsianiially all of the risks and rewards of owiership of the fjnancial a5SCt. or cl the Charity, dE5Plte having retaincd 50m¢. but not all, signiftcant risks and rewards of 0￿￿ershiP, has transferred control of the asset to another party. FiJ)an¢ial liabilities are derecognised only when the obligation specified in the contrydct 15 discharged, ¢an¢elled or expires. Page 10 The Naturist Foundatiojj Notes to the Finaneial Statements for the Year Ended 31 March 2025 Investmenls Investments in non-convertible preference shares and non-puttable ordinary or preference share5 (where shares '¢ publicly ITaded or their faiT value is reliably measurable) are measured at fair value through profit or 105S. Where fair value cannot be nieasured reliably, investtnents are measured at cost less inipaimient. Investments in sub5idiarie5 and associates are measured at COSt less impairmettt. For investments in subsidiaries a¢quired for consideration including the i55ue of shares qualifytng for tnerger relief, cost is measured by rcference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored. DerivulivefiN&Kcittl ihslrMmen15 Th¢ Charity uses derivative fjnancial instrnTnentS to reduce exposure to foreign exchattge risk and interest rate movements. I'he Charity does noi hold or issue derivative ftnancial instruments for speculative purposes. Derivatives are initially recognised at fair value ot the date a derivattve contract is entcred into and 8 subsequently remeasured to their fair value ai each reporting date. The resulting gain or loss is re¢ognised in stsiement of financial activities immediately unle5S th¢ dcrivative 1$ designaied and effective as a hedging InstrU￿tnL in which event the timing of the recognition in statemeni of fjnancial activiiies depends on the nature of the hed8e relationship. Fuir vulue measuremettt The best evid¢nce of fasr valiie is z quoted price for an identical asset in an attive market. When Quoted prices are unavailable. the price of a recent trnnsaction for an identical asset provides evid¢nce of fair va]ue as long as there has not been a significonr change in economic circumstances OT a significant lapse of time since the trdll5action took place. If the market is not active and iecent transa¢tion5 of an identical a$5et on their own ar¢ not a good cstimate of fair value, the fair value is estimated by using a valuation technique. 3 Income frorn donations Itg4eies Unrestricted Total 21125 Total 2024 Gener21 Donations and leg2¢ies: Donations from individua15 Gifts in kind 68 20.622 68 20.622 9,064 36.747 20.690 20.690 45.811 Page 11 The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2025 4 Intorne from charitable activitie5 Unrestricted funds General Total 2025 Total 2024 Membership Seasonal CaTnping Meadow Camping Party In The Stark Residents Electric Recovery Members And Residettts Showers Lo¢kers Chal Laundry Day Visits Winter Storage 56,709 117.193 26,679 46,866 18,975 22,411 1317 613 10,908 1.822 11,444 13,119 8,117 1377 56.709 117,193 26.679 46.866 18,975 22,411 2,317 613 10.908 1.822 11,444 13,119 8,117 2,377 54.312 104,172 31,519 41.038 19,040 21,552 2.113 520 10.900 1,739 9,690 12.845 12,791 2.842 1,461 Octoberfest Wellness Bare Bootleg Pentanque Competition Income Scareftst SK Gas Bottle Sales General Events- Ad-Ho¢ Catering Concession Other Income 21,895 3,845 51 10.126 2.854 6,309 350 227 21,895 3,845 51 10.126 2.854 6.309 350 227 7.332 2,708 4,771 324 2,505 345295 385.207 385207 S lllvestrnent illeome Unrestricted funds Genergl Total 2025 Total 2024 Interest receivable and similar income: Interest receivable on bank deposits 19.407 19,407 17,785 Page 12 The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2025 O Expend5ture on charitable activitie5 Unrestritted funds Gener21 Tot21 2025 Total 2024 Note Staff costs Electricity Party In The Stark Bare Bootleg Penbianque Competition Expenses Octoberfest Scaref¢st SK 105,120 40,977 26.050 18,399 913 1.655 105,120 40,977 26.050 18,399 91) 1.655 91,655 39,110 24.041 1.736 740 3.165 8.058 1.132 6,172 76,948 3,213 11,154 6,558 1.420 407 117.5201 12,624 4.356 9,134 3,165 8,058 2,018 5,961 2.747 5,i06 11,6261 1.074 7.048 8.001 3,484 1,863 17.520 18.271 4,190 10,171 155.888) Office Suppli¢s Gas Advertising Ground&lBuilding Maintenance Swimming Pool Health & Safety Refijse And Waste Chalet Mobile Homes Perimeter Fence Insurance Cleaning 6,172 76,948 3.213 6,558 1.420 407 117,520) 12,624 4,356 9,134 Toilet Block Websiie Plant Purchasc And Maintenance Security Water Gas Bottle Purchase Generdl Events - Ad-Hoc Catering Con¢ession Wellness Camping Expenses MisG¢ll&n¢ous Expenses Governance cost5 3.322 2,551 931 8,220 2.755 7,365 1517 2.551 931 8,220 2,755 7,365 2,517 4.501 1,187 5.315 2,300 .638 2.801 75 2.991 4,976 37,037 3.588 39,258 390,442 3.588 39258 390.442 253.394 Page 13 The Naturist Foundation Notes to the Financial Statements for the Year Ellded 31 March 2025 Incorporated into the above expenditure are governance ¢osis of £39,25812024 - £37,037) which relate diTecily io chaTiiable activities. See note 7 for further details. 7 A￿alYSIS of governance and 5UPPOrt costs Governanoe and Support costs Unrestrieted funds Gener91 Total 2025 Total 2024 Supptsrt fees D¢pr¢¢iation Subscription5 Rates And Water Bank Charges Governance- Legal fee5 19,889 2,887 812 4.390 11.280 19,889 2,887 812 4,390 11.280 19.748 1.815 14561 5.021 10.909 39.258 39,258 37.037 8 Trustee5 rernuneratlOD #nd exp¢n$es No Trustees. nor any persons connected with them. have received any remuneration from the Charity during the 9 Staff costs The aggregate payroll costs were as follows.. 2025 2024 Staff tosts during the year w¢re: Wages and salaries Pensiott costs 103,056 2.064 90.887 768 105.120 91.655 The monthly average number of persons (including 5¢nior management I leadership team) employed by thc ChaTity during the year expresscd a5 full tiTlle eqiiivalents was as follows.- AdminLstrative'. 4 {2023 .. 41 Ground maintenan¢e= 312023 '. 31 Other.. 412023 .' 4) Page 14 The Naturist Foundation Notes to the Financial Statements for the Year Ended 31 March 2025 No employee r￿e1Ved emolllments of more than £60,000 during the ytrar. 10 Taxation The Charity is a reg15ter¢d Charity and is iherefore exempt from taxation. I I T*Dgible fixed assets Land gnd buildings Furniture *nd equipment Total C05t At l April 2024 Addition5 554.131 90.480 130.447 20.319 684.578 10.799 At 31 March 2025 644,61 150.766 795.377 Depreti&tlon At l April 2024 Charge for the year 71.201 19,889 71,201 19.889 At 31 March 2025 91.09Q 91.090 Iyet book value At 31 March 2025 644.611 59.676 704,287 At 31 March 2024 554.131 59.246 613,377 12 Debtors 2025 2024 Trade debtors PrepÈytn¢ntS Expenses in advance Other debtors 26,824 1.377 4.409 4,009 28.540 10.344 4,722 9,174 36.619 52,780 Page 15 The Naturist Foundation Notes to the Fillancial Statements for the Year Ended 31 March 2025 13 Creditors.. Amount$ falling due within one year 2025 2024 Trade creditOTS PA YE and NIC creditor Chalet Day vi51t5 in advance Pensions payable Children's fund Bare Bootleg income in advance Jazz Festival income in advance AccruY419 Ad-hoc/wellbeing/BH5k in advance CH Holiday Meadow irt¢ome in advance CS income in advancc Pits income in advance Winter storage income iti advance Asso¢iaie inembership in advance Oktoberfest income in advance Petanque competition it)come in advance Game5 and Social funds CAS Day visiis in advance 16.598 1.861 9.170 319 1,417 19,235 7.953 1.415 7.413 212 1,396 15.785 3.274 3.360 2,920 4.193 132.684 28,991 4,756 53,793 186 3.056 2.074 186 3.480 ,616 2.819 131.962 34,174 4,224 57,548 50 .393 172 288,149 273.647 14 Funds B&ignce at I April 2024 Ineomiog re50urce5 Reso¥r¢es expended Balance it 31 March 2025 Unrestricted funds G¢n¢ral 924.777 425,304 {390,4421 959.639 Balance gt I April 2023 INeoming resources Resources expended Balinee 8t 31 Mareh 2024 Unrestricted funds General 769,280 408,891 1253.394) 924.777 Page 16 The Naturist Foundation Notes to the Fillancial Statements for the YÈar Ended 31 March 2025 15 Analy$i$ of Tret assets between fund5 Unrestrioted funds Getheral Tot&1 funds at 31 M#rch 2025 Ta¢)gible fJx¢d asset5 Current a55ets c.urrent liabilities 704.287 543,501 1288,149) 959,639 704,287 543,501 1288,1491 Total net assets 959,639 Unre$trieted fund5 General Total funds *t 31 MArch 2024 Tangible fjxed assets Current &sset$ Current liabiliiies 613.377 585.047 1273,6471 613.377 585,047 1273.647) Total net assets 924,777 924.777 Page 17 ## **The Naturist Foundation** ## **Statement of Financial Activities by fund for the Year Ended 31 March 2025** ## **Unrestricted Funds** |**Unrestricted Funds**||| |---|---|---| |**Income and Endowments from:**
Donations and legacies
Charitable activities
Investment income
Total income
**Expenditure on:**
Charitable activities
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Unrestricted**
**Funds**
**2025**
**£**
20,690
385,207
19,407
425,304
(390,442)
(390,442)
34,862
34,862
924,777
959,639|**Total**
**Unrestricted**
**Funds**
**2024**
**£**
45,811
345,295
17,785| |||408,891| |||(253,394)| |||(253,394)| |||155,497| |||155,497
769,280| |||924,777| This page does not form part of the statutory financial statements. Page 18 ## **The Naturist Foundation** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025** |**_Donations and legacies_**
Donation
Gift Aid donation
**_Charitable activities_**
Membership
Seasonal camping
Meadow camping
Showers
Lockers
Residents
Chalet
Other income
Party in the stark
Laundry
Day visits
Winter Storage
Electric recovery members and residents
Jazz
Wellness
Scarefest
5K
Gas bottle sales
General events - Ad-hoc
Catering concession
Bare Bootleg Income
Petanque Competition Income
Oktoberfest
**_Investment income_**
Interest on cash deposits|**Total**
**2025**
**£**
68
20,622
20,690
56,709
117,193
26,679
2,317
613
18,975
10,908
227
46,866
1,822
11,444
13,119
22,411
8,117
-
51
10,126
2,854
6,309
350
21,895
3,845
2,377
385,207
19,407
19,407|**Total**
**2024**
**£**
9,064
36,747| |---|---|---| |||45,811| |||54,312
104,172
31,519
2,113
520
19,040
10,900
2,505
41,038
1,739
9,690
12,845
21,552
12,791
1,461
1,121
7,332
2,708
4,771
324
-
-
2,842| |||345,295| |||17,785| |||17,785| This page does not form part of the statutory financial statements. Page 19 ## **The Naturist Foundation** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025** ||**Total**|**Total**| |---|---|---| ||**2025**|**2024**| ||**£**|**£**| |**_Charitable activities_**||| |Health and safety|(8,356)|(6,023)| |Wellness|-|(75)| |Electricity|(40,977)|(39,110)| |Gas|(1,132)|(2,747)| |Grounds/Building maintenance|(68,959)|1,626| |Perimeter Fence|17,520|(17,520)| |Planning Permission Expense|(7,989)|-| |Camping expenses|-|(2,991)| |Jazz|(9,134)|(10,171)| |Sundry expenses|(3,588)|(4,976)| |Refuse and waste|(6,558)|(8,001)| |Security|(931)|(1,187)| |Catering concession|(2,517)|(2,801)| |Internal phone system|-|(1,825)| |5K|(3,165)|(2,018)| |Chalet|(1,420)|(3,484)| |Toilet Block|-|55,888| |Wages|(103,056)|(90,887)| |Staff pensions (Defined contribution) - pension scheme 1|(2,064)|(768)| |Fire precautions|(2,798)|(1,025)| |Water rates|(8,220)|(5,315)| |Gas bottle purchase|(2,755)|(2,300)| |Insurance|(12,624)|(18,271)| |Mobile homes|(407)|(1,863)| |Swimming pool|(3,213)|(1,074)| |Ad-hoc events|(7,365)|(1,638)| |Plant purchase and maintenance|(2,551)|(4,501)| |Bare Bootleg Expenses|(18,399)|-| |Oktoberfest expenses|(1,655)|(1,736)| |Website|(3,322)|(3,151)| |Computer and stationery|(8,058)|(4,136)| |Petanque Competition Expenses|(913)|-| |Scarefest|-|(740)| |Cleaning|(4,356)|(4,190)| |Party in the stark|(26,050)|(24,041)| |Advertising|(6,172)|(5,306)| |Subscriptions|(2,887)|(1,815)| |Legal and professional fees|(11,280)|(10,909)| |Depreciation of plant and machinery|(12,624)|(16,833)| This page does not form part of the statutory financial statements. Page 20 ## **The Naturist Foundation** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025** |Depreciation of fixtures and fittings
Depreciation of office equipment
Rates And Water
Bank charges|**Total**
**2025**
**£**
(4,749)
(2,516)
(812)
(4,390)
(390,442)|**Total**
**2024**
**£**
(1,256)
(1,659)
456
(5,021)| |---|---|---| |||(253,394)| This page does not form part of the statutory financial statements. Page 21