ALBRIGHT W'OOD 1S'ORTOiN F.STATE CIIARI'fABLF TRUSI.
REf.ISTERED CHARITY NUI¥IBER: 11¥2491
FOR TIIE EINDED.30 jU￿E 2025
REC.ISTERED CHARITY NLMBER- 11¥2491
'riiE AI.BRlI'li'f WOOD Pi()RTON ESTA TE CHARITABLE 'I'RUST
REPORT OF THE TRUSTEES
LTTri.4l,"DII'LD FINANCIAL STATEMEryTS
FOR THE I'EAR ENDED 30 JUNE 2025

ALBRIGH"I' WOOD ￿ORT01y ESTA TE CHARITABLE TRUST
REGISTERED CHARITY ￿uMBER.. 1182491
DOR THE YEAR FNDED3OjL￿￿2￿2
CONTENTS Ofr. I'HE FIliANCJAL STA TE]¥IENTS
Reference and Administrative Details
Twstees, Annual Rcport
2104
Independeiit Examiner, s RepoTI
Sratement ofE'inancTal Activities
E3alance Sheet
Note5 to ihc Financial Statements
8t012

ALBRIC.HT WOOD NORTOiN ESTATE CH.4RITABLE TRLST
REGISTF.RFD CIIARtTY ￿'L[%.IBER: IJ82491
'OR THL I'EAR EIT)F.D.10 JIINE 2025
REFERE)CE AliD AD.￿l￿[sTRATINyE DETIllLS
Charity Reglstration Iyumbtr
1182491
Prirt¢lP41 AddTCSS
Sparrows Nest
IVnDd Norton
F.vLsham
WorcesteT5hirc
WRI14XP
Trustees
Mrs H A Albright C.haiT
Mr R J Bailey
Mrw G Bailey
MrA T Woods
Independent Examiner
Mr P R Parsoi
Clcmcni Rabjohos
Ch3rfered Accountan15 and statt]lory Auditors
111-113 High Slr¢¢l
EvLshatn
Worccstcrshtrc
WRII 4XP
Bankers
Cater Allen Privatc Bank
9 Ncl%on Streel
Brddfurd
BDI SAN
Investment Mana%er5
GIIC Capital Marktt% Limited
22-30 Hois¢fair Street
l.ciccstLr
I.F I .SFID
Hf+l R¢v¢nue & C.u$toms Charitv Reference Number
1.1)1272:
Page I

ALBRIGHT IVOOD NORTON ESTATE CHARIT ABLF. TRUST
REGISTERED CHAIUTY NUMBER: 1182491
FOR THE YEAR ENDED 30 JUNE 2025
REPORT OF THE TRLSTEES
The Tnjstees present their report and IhL unaudiled financial stateni¢nts of the cliariiy for thc year etlded 30 June 2025. The
trusteeq hai'e adoptcd the provistons i)I' IhL SlJt¢Tnellt of Recon￿nended Pra¢iic¢ ISORPI "Accouniing Reporting by
Charitics" IFRS I Q21 In preparing thc annual rcp()rt and financial stalenients of the charily.
Thc tinancial %tai¢mci)ts havc been preparcd in atcordance wi¢b tlie accounting policies sei oul in nvl¢s lu Ib¢ aLLouT215
compl}, with ihc chariry's tn15t dccd, the Chariiies Ael 2011, AccountinE alld Reporting by Chari¢ies. Siat¢m¢nl uf
Rccommcndcd Practice applicablc to charilics preparing th¢ir aLcounts in accordajice with the Financidl Reponin¥
Standard applicahlt in the L.K cind Kepublic of Ireland IFRS I1)2} 155u¢d in Octob¢r 2019, Ihe Financixl Rvporting
SiandArd applicablc in thc l Tnit¢d Kingdorn and Ilepiiblie of Ir¢land IFRS 102) and UK Gen¢rally Accepted Pra¢ti¢e.
OWECTIVFS A￿D ACTtVlTlkS
Objectives and aims
'I'ht objecis of LhL chanly dT¢".
to promote for th¢ benefir of Ihc public Lhc cDn%ervation, protection and improvement of the physical natural envir()nment
by It-establisliing Irets, plants wildlife.
Th¥ Albr]gilit Wood N'orton Lslaie Chariiable Trust is an unincorporaied chariry and is a nun-5CCtarian, non-political charitablc
organisation with no subbidiaTies.
Public benefit
It] piirsuan¢e of ihe charity'8 Dbjcctiv¢. th¢ Albnght Wood Norton Lsiare Charitablc Trust have had re8￿d to the guidance fro
the C'hariti¢% Commis￿1017 on thc provision of public benefil. The fiisl principle requires rhe Charity to ideniify the benefits aiLd
the second to dcinonstrate thai il)ese benefir the public or a seclion of the public. The principal object of thc charity identifjes thc
benefjls, and the Trustee's Report details bow thc charity ha% d¢livered those benefits to the communiry.
ACHIEI'EME_NTS AND PERF0RTrIA￿CE
)uring Ilje periud, (he charity has continucd to receive dunulions IO support the running of thc chariry. Income from sales of
timbcr has decreased on ibe PTevious ycar.
Thc wnodland has beell actively managcd during th¢ period wilh rcgiilttr inspections and an i)ngoing management plan dPPI()ved
by the Foiestry C'onunission. "I'hc obj¢cts uDder the plan are'.-
a) -I o manage lh¢ wvodland tv PToduce good qualiry limber and firewood.
bl Tu inanagc thc woodland ivith diic iegard to thc lalld%capc.
cl To protcci ihc w(iodland fr0111 5qiiirrel and dcer damag¢.
dl T() Idk¢ iemcdial action in th¢ evenl of dL5easL bELoniiIiL present.
) To tnanage in STri¢r complianL¢ with Hcalth and Safcry ai ￿,0￿{ Regulations.
All the above objects arc being p￿r￿Ul￿ and niet.
IINVF.%TIIF.NT POLICY
The charity has aIi iiivesiment purtfL>lio ￿.)th thc oF)jcctive of providing rhc poicnrial for tncornc ai)d grnwlh avcr tl)c med1um rem)
to longer tem). The portfolio is profc.s%ionallv manllged on discretionary basis -I'lic trLlSt¥¢s have a&TTeed a iiTrediiim n5k 5traleEY
for ihe inl'esttnent portfolio.
RISK MANAGTr:Mb.Nl'
The tnjstees coiiiinue tv rei'iew the major bu%incss and operaiional risks to which ihc ehariry 1.% ¢xpo8cd. Sysi¢n)s have bce
c%tablished to mirigate thcsc ri%k% and pro¢cdurc8 iinpleincnted ro minimi%e any pthlLTitidl Irnpact on tile charitS"'
Pagc 2

ALBRIGHT II'OOD NORTON ESTATE CHARITABLE TRLIST
RF.C'ISTERED CHARITY liI."MBER: 1182491
b-l)K THF. YF.AR EfiDED 30JLI.NE 2025
REPORT OF THE TRUSTEES {eontinuedl
RISK MANAGEfvIENT continued
The tm%tccg have in placc 5yStems of internal colltrnls that arc desi¥ned 10 provide reasojiable assurance dgainst material
niisinanagemenl i)T Ic)s%. "I"hc%L include tts'o signaroncs for 4111 pa}'mcnt% and a comprehensiN'e insurancc poliLy tv enbure that
Insurable risks are coveied.
RESERVES POLICY
"I'hc chaFity's policy on unre8trietcd rc%crvc5 is ro hold siifficient rcfnuTCC% to continu¢ the charirable activities ol th¥ charity. The
IrusiL¢s consid¢r Ihat Teserve5 ¢quivdlvnl lo iwcnty four months of the rllnning of the charity shoiild b¢ hcld lo cover periods
whcTC Ihvre is a shortfall in in¢ome and dunations.
STRUC'I'URli, GOvERNA￿cE APID MLNAGE.MLNI'
Thc charily 15 goN'emed b}, a trust deed datcd 22 May 2018, updated by a Declaratioii of TTUSt dai¢d 15 Febniary 2019.
Thc charity was rcgistered ￿'1th tlie Chatily Comniissioji of England Wal¢b as th¢ Albriglii Wood Norton Lharitable'l'rusi on
l i March 2019. which has since b¢¢n amcndLd tv (h¢ Albright W'ood Norton Estate Cliarilable Trust.
Thc tru%tccs in officc diiring th¢ pcriod arc shown on page l.
Th¢ iru%tcc8 arc appointtd in accordance with thc DeLlatalion of Twst. Th¢ trustees held four ttJe¢lings duriiig the perivd.
Trustee5' re5pollsibilitic$ Statement
Th¢ trustccs arL resptsnsible for prcparing thc Trustccs, Annual Rcpori and thc financiil stateniLnis in accordance wirh applilablc
law and United Kinbpdom Accounting Standards IlJnitcd Kingdoin ti¢n¢rally Acc¢pt¢d Accounting Pra¢liccl.
The law applicablc in charilics in Lngland & W'ales r¢quiTC% Ilic tru%tCL% 10 PTcpaTe financial statements f<JT L#Lh finanrial jear
Ivluch giN'c a inie and fair view. of thL sl<il¢ (>f affairs of die charity and uf¢hL IrtLomuig resourGes ￿)d appliLatiL)n ol-resoiirccs of
th¢ chdrils for that period.
In preparing Ihc5e financial slalem¢nlS. Ilie trustees are required tu.
select SUllfibl¢ acc(>unting policics and then fipply th¢rn con%istcnlly.
obscTr'c the methods and principlc5 in th¢ Chariries SORP 2019 (FRS 1021
makc judgeiiients and ¢8timat¢s that arc rcasonable and prudcnl.
siaie whether applicable accounting gtandlirds have b¢¢n followed. subject lo ai)y motcrial departures disclosed and Lxplained in
the fTnanLidl slateiiienl5.
prepare thc fjnanciul slalLmLnts vn the goiDg con¢em basis unless il ib inappropriate to pTe5ume thai thc cliarity will ¢onrinue in
opcration.
ThL tiustL¢s are respojisible for keepiiig prc)pcr accountijig records Ibat disclose with rcasonablc ac¢ur#¢y ar any timc th¢
rinancial posiiion of the cliarity ajid enabl¢ IhLm ILI ensure that the finaiicial 5tatemenls i(ITnply willi the C'hanlics Act 21111, Ihc
C-.haritic8 (Accounrs <llld Rcportsl R¢glllations 2008 and th¢ provisions of the trllsi deed. ThL* are dlbo responsible fui
Safeguarding ihr a%%ct% of thc cliarity and lien¢e fi)r taking rcasonablc steps for the prevention and dLtcLlion of iraud and (ither
irr¢4ulariti¢s.
'he trustees are responsibl¢ for thc maintsnance and integrity of th¢ charily dnd financial infomiaiion included on the ¢liariry's
websil¢. Legislarion iii thc LniiLd Kingdom goTrernIng thc picparatiQn and di%scminalioTJ of financial stal¢menlts may differ
from IL¥islaiion in other jurisdictinn%.
Page 3

ALBRIGII'I" W()()D ￿oRT0￿ ESI"A I'E CHARITABLE TRUST
KbGISI'ERbD C:HARITY NUMBER.. 11¥2491
roR'I'IIEI YLAR bYDED.10 JU.NE 202$
REPORI. OTr THE TRUSTEES (CODtinu¢d)
Kby NIANAGEMENT PERSONNEL REMUNERA Tior
Thc truslec% arc in ch<2rge of directing, controlling, Tunning and operaring tlic ¢harily on a day to da! basis. No truslee receive(t
r¢mun¢rdrion diiTing the period ti)r Ih¢ir seTr'sce5 a8 a tnistee. HO￿.eve[, IhrLc of tkLe Irust¢ts received indireLI i¢mun¢raliun for
providiii£ services to the Lhanly during the period by virtu¢ of their cniploym¢nt. Vw'oods foT Trces, thc cmploycr of Andrcw
Woods, pruvided M'oodland management seTYiCC8 lo thc charity, Almswood AdTrisory.%trvi¢¢5, the ¢nTrployer of Robert Basley
and William Bail¢y, proiiided bookkecping %crvices and accountanc}' scn'ices.
FINktlNClAL RFVIEW
Thc resiilts for Ihc pcriod arc sct out in the fUll￿CIal slalemenls on pa¥¢s 6 and 7. D{￿illg the period incvrnc #mvuDted to £44,844
nd expenditure lo £45,274.
The net incoming resourccs all¥r rnovemenr on invesiinenls amuuntLd iu £2,625.
Approved by ord¢r 91. the boaid of Iruste¢s otL..
nd signed on its bchalf by..
Mrs H A Albright- Trust¢¢ and Cliair
P28¢ 4

ALBRIC.HT IVOOD LS'ORTOJ. EST A TE CHARITABLE TRUST
REGISTERED C.HARtTY NU.IIBER: 1182491
FOR THE yE.￿R ENDED 30 JL￿E 2025
IN'DEPEYDENT EXA.IILNER'S REPORT TO THE TRLSTEES ALBRIGIIT WOOD NORTON bS"I'A I'E
CHARITABLE TRUST
I report tn Ihc eharity tnjstecs un my exalliination of the aceounts ofAlbright Il'vod Norton Estate ChaTltabli 'l'niil (the Charits'}
for thc ycdr endcd 30 June 2025 which arc s¢t out on pagres 6 10 11.
R¢$pon5ibilities and bASiS of report
As thc Charity's Irusttes you are responsible for the prepaTalion of ih¢ a¢coutiis in accordallce with th¥ rLquircments of thc
C.haritieb Act 2011 I'ihe Act'l.
I rcpurt in Tespeci of my ¢xaminaiioD of the ChdTiIy's dLLOUllts larried out IlDder section 145 (il. Lht Act and in canying Qui mv
cxaniiiiaiion I hai'e followcd all the appliLablL Dir¢LIivni giveu b), th¢ Lharity Coinmi5siun und¢r.%cciion 14515}Ibl of thc Acr
Indeptthdent ex#min¢r's statement
T have eoinpltted my exiiniinalivn. l Lvnfjmi that no material niatt¢rs hav¥ LOML lo niy attcnlion in connection with Ihc
exaininarion giving Lausc ts) hclteve tliai in njaterial respect..
aLLC)unling records weie not kept in rc%pccl of thc Charity as reqiiired ID section 13Q nf the Act", or
the accounrs do not a¢¢ord with Ihosc rccord.%', or
the accounrs do not ¢onii)ly with Ihc applicablc requirements ¢i)nceTning thc fnTtn and conient of accounts sel out in the
L'hariles (Accoiiiits Jrd R¢pnrts) Rcgulalsons 2008 other than any r¢quiTcmcni that the aLLounts give a 'true aT]d viLw'
whicli is not a tnatter ¢nn8idcrcd part of an independent examination.
I havc no concerns and have comc aeross no other tnaiters itt connection with thc cxamination 10 wliicli attention shuuld be drawn
in this rcport in older to cnahlL 2 pri)pcr unde[sL￿dIng or ihe accounts lo bc rcached.
Philip Par50ns FCA
Clement Rabjvhlls
Account￿1$ and Statutory, Auditors
111-113 Iligh Street
Evc4liJm
WorLesteT
l.'R 11 4XP
Dal¢-.
Page 5

AI,BRIGHT WOOD YORTON ESI'A'I'E CHAtUTABLE TRUST
RF.C.JSTF.RED CIIARITY YUMJIER: I1¥2491
FOR THE YEAR ENDED 30 JUYF. 202
STATE￿IEyT OF FINANCIAL ACTIVITIES
2025
2024
Ullrestricted
fujjds
Ilnre%tri¢ted
lulld$
Ole5
INCOMINC. RESOURCF.S
Income from=
Voluntary illcome
Tnvestmeni income
37,773
7.07
42,992
8,392
I'￿tal income
44.844
51,384
kb'8OLIKLF.S FXPF.NV)F.D
Charitable attii'ities..
Woudl￿d rnanabyernent f¢¢5
W3gets dnd Colltract work
PuTchases
TTaCtor5 snd machinery costs
Premises Costs
Ills'iiTdnLe
Depreciation
SundritS
Invcstmtnt inanager's char8¢
CJov¢rn3nc¢ cosis
1,696
25,410
1,190
27,147
436
1,018
i,IXO
691
653
4,010
5.630
1.619
802
704
3,932
l-otxl Expenditure
45274
45,483
YLT 1￿cOMF./ I,oss fiEFORE GAINSIILOSSES) Oli IhTr'ESTVIEYTS
(4301
5,901
Net gain5J11955esl on inv¢stm¢nts
EI" LNCOMEIII.()%%I
2.62.%
4.287
Reconci]iation of funds..
Total fi]nds brrjughi forward
12
861,619
559,332
'lotal (undb carrted forward
566.244
563,019
Th¢ iiol¢% on P4¥LS S ID 12 fvnn part of these financial %taleiiienl.%.
Page 6

ALBRIGIII W'OOD NORTON F.STATE CIIARITABLE TRUST
REGISI'F.RTr:D CIIARITY JUIIBTr:R: 1182491
FOR THE YF.AR F.NI)F.D.10 JLJF. 202$
2024
Note
b'iyed 955ets
Tangibl¢ &ssets
Inve.%tmenis
329.174
2L3.410
326.-Ini
542,.5%4
533,597
Current &s$ets
Trade debioT%
Cash at bank and in hand
io
io
1,020
25,292
32.867
Total cumt assets
32.867
Creditor%= Imounis falllng due wlthin one year
li
12,652}
12,84.$1
Net curT¢nt a55et5
23.660
iO,Q22
Ytt As%tt5
566,244
563,619
Ch8riti' Fiind5
12
566.244
5h3,C)19
I'otal thiritTr' lund$
566,244
563,619
Thc fmancial siatcnieJLts wcrc approved and duthvrised tur 155ue b}. the T4oard on
20
%i8ned on belialf Of the board of tru51tts-.
Ir&HA
Tnibie¢
I'hair
Th¢ notes 011 pg8c$ 8 to 12 fom) Pdrt of Ih¢s¢ financial 5t31emenls.
PaEe 7

ALBRIGHT IVOOD NORTO.N ESTATE CHARITABLE TRUST
REGISTERED CHAIUTY Nuf*lllLR.. 11152491
b'OR YEAR ENDF.D 30 JUNE 2025
OTES TO THE FTh A.YCL41..S.1'AI'P.ME￿Ts
Summary of $ignSficant aceountlng poli¢ie5
General information &od basis ofprep#rAtIo
The Albrighi Il'ood Nonon F.qialc (:haritable Trust is a Charity in L,ngland Wales. The address of the Te2i5tered offic¢
is givcn in thc chllrily inlorrDalioii oll pa2¢ l of these financi41 $14ilLniLnls. The ￿all￿¢ of th¢ ¢hariry's operaiions and
principal dctivities are described on (he Repun of thc Tru$tccs on pages 2 to 4.
Tlie charity consiitutLS a public benefit entity as defined by FRS 102_ Th¢ financial statements have been preparcd in
accorLtance with Accounting and Reporting by Charitics-. Statemcnt of Recomm¢nded Pnctice applicable to charilie5
prcparing thciT accounrs in a¢cordancc with thc I',inancial R¢poriing Standaid <ipplicable in ihe UK and Republic of Ireland
IFRS IQ?} issued in October 2019, Iljc l.itJan¢ial R¢p(irtingT Standard applicable in Ilie Unil¢d Kingdom and RLpubliL ur
Irelat)d11.'RS 102), the LharitiLs Act 201 l. aDd LK Generally Accept¥d Praclicc.
The financial statements are prepared on a guingi concetn basis llnder the htstorical Cobt convcntion. modified to includc
ccrtain items at fair valu¢. Thc financial %tatements arc presented in Sterling which 1% rhe tllncrional currency of the charity
and Toundcd io thc ncarest £1.
Th¢ significanl dCLoiintjDg policies applied in lh¥ preparation of Ihc%c financial statements are Set out below.Thcse policic
havc b¢¢n ¢onsisrcnily applied to all years prcscnled unlc88 otherwise stated.
Funds
LnrLblTiLled funds are availabl¢ for use ai Ihe discr¢tion of thc Irustccs in furtherance of ihe general objectives of the chanty
and which have not been designatcd for othcr purposcs.
Income recognition
All incoinitjg resources are Included in the Siatcjnent of Financial Activities ISOFAI w'hen Ihe charity is Itgally cnliiled t(
the incojne èfiei any performancL condiiii)ns have been met. the amount can be measurcd rcliably, and it is pi"obable tliat the
incoi?i¢ will be received.
Interest on funds h¢ld on depvbii is inLluded ￿'hell Ttceii'ablt and the amount can b¢ measurcd rclTahl}' by thc Chariry,. this
is nornially upon noiificalion of thc inlcrc%t paid or p&Jable by the bank. Dii'idcnds arc r¢cogni%¢d oncc th¢ dividcnd has
been declarcd and notification has beet] receivcd of rhe dividelld due. I'his is normally upon notifi¢ation by our investmelll
advisor vf Ihe dii'idend yield ot. Ih¢ investinenl portfolio.
EJpendi¢ure recognition
All cxpcndiluTC is accounlcd for oil 47ccruals basis and has bLLn c1&%5itied undeT headiiigs that aggr¢8ate all ¢osts related
li) the Liit¢gvry. Expendinire is r¢¢ognised wher¢ ¢hcrc is a leglal or consrrn¢tiN'¢ obligation io makc paY￿L￿1$ to third
panies, it Js probablc that th¢ setdem¢nl wIll bc rcquircd, and thc &moiini of The oblig41tion can bc Tncasurcd rcliably
Irrecoverable VAT is Charged expl￿5¢ again%t thc activity for which expcnditurc arose.
tirxnlb payablL tv tliird parries arc within the chariiable objectivc.%. Wherc unconditional grants are offered, this is accrucd
s soon as thc rccipicnt is notifJ¢d of the gTani, as thi.% givc% ri%c tn a rca.gonable expectation tlial Ihe recipient ￿.111 recc1￿C
thc grnnts Wh¢re gr8nis ale condiliotjal rLlalin¥ Iv ￿r([)￿lance then the Erallt IS Olllj. a¢¢rued whvn any unfulfilled
nditioiis are oiitside of th¢ ¢ontrul tsf the th4￿ty.
The noies Pdgei 8 10 L2 forni pan of ibese finartcial statem¢nt8.
Pagc 8

ALBRIGHT WOOD ￿oRT0￿ ESTATE CHARITABLE TRUS'I.
REGISTERED CIL.IRITY .NLIMBER: IJ82491
FOR THE YEAR EYDED 30 JLTIS'E 2025
YOTES TO THE FI.NAJCIAL STATEMEliTS {continued}
Summary of signifi¢anf *ccoulltinE poliLie$ (Continued)
Allocation of suppnrt #nd governance costs
Support costs are thosL th(Il asbisl the work of tli¢ charifv bui do not d2i¢Gtly rLpr¢sent charirable activities and includc
pie]nises costs. gos'ernanc¢ cn%t%, and adTnlnislT￿71i￿'v co&ts. The}, are iii¢urr¢d directly in supporl uf Vxpenditure oil the
objcct% of the charity. Ivhere support cnsts cannot bc diTCCtly attributed to P<lrti¢ular heading.%. thcy have been allocated to
Lust uf rdising (uiids and ¢xpendittLre on charildbl¥ dcliviliL% i)n a basis consjstent ￿'It[l use of ihc rc%ourec%.
TanEibl¢ fixetj #sstts and depreciatio
The Chariry'% rropcrty, planr and eqiiipmcnt %re initiall! m¢aqllTcd at cost and sub&equently in¢asur¢d at Cobt or valuation,
net of depreciation and an￿ impaimjcnl losscs.
Depreciatloll of fix¢d assets is Calculated iu writc-off the cosl or valuation lo the asseis. r¢sidual valuc oveT their csrimaicd
llscfiLI livcs as follows..
Freehold land
FTcchold buildin¥s
Tractors and equipment
Th¢ trustees LDnsidL'F ih¥ fr¢¢b(>ld building is currently at residual I'aluL xnd n(} lurthcr dcpreciatioD is requir¢d_
Nil
2¢/0
io¢/
No depieciation
Stiaigjhl linc
Reducillg baldfiLe
Fixed Asset iDvesttn¥nt5
Invesini¢iits arc i? fonn of b&sic financial in.%trumciit and are initIally re¢ognised at their transaction value and subsequently
ea5ured ai their fair valiic as at the balanLL bhcei date using Ihe clositig quoted market price.
I'he slatemcnt of f￿ancial acti)ilics intyludeb tlie nel gaiiis and losses arising. on rev(iIudtivn dnd dispusals Iltroiighout thc
penod. Realised gclins and los%cs nn invcsttnLntb art L(Iluulaied as the diffcrcnce between salts proL¥edb and openijig
LJrrying valuL l)r tlicir puicl)ase iialue if a¢quircd %ub%eqiictii to Ihc first day of rhe financial period. l.nrcalised gaini and
losses art LalLuldl¥d ihe diff¢renct between th¢ fair v41iJ¥ al lh¥ PLriod Lnd and tl)cir carTr'ing vali1¢ R¢ali%cd and
unreiilised gains and Insscs aT¢ Lvnibined in tlie Sraietnttjt of FinaiJci&l ALlivitlL5.
l-he main fonn of markct ri%k faccd by tht Clidrilv is that of i'olatility in equity mark¢ls and inv¥slmeni niarkels du¥ tv
'ider econoinic condition.%. Ihc aititudc of invc5tor5 to investnienr risk, and ¢hang¢% in %cniiTncnt Loncerning cquities and
within purillul￿ s¢Ltois or sub 5¢clors.
B#si¢ financial assels
Ba%ic financi￿11 a5sclS ¢18ssifi¢d a% rcccivahlc within onL ycar, w'hich include otlicr rcccivables and ca&h ￿Ittd batth balatlces
ale meJsur¢d dt Iratisaciioii price incliiding tr2nsa¢rii)n co818
Bas5¢ t7nancial liabilitie5
SIC tinancial liabilitics, including trade and other pa)ablc% aTC initially rcco4ni%ed ai Iransa¢rion price unless the
arran¥cmcni constitutes a financing trdn%dLtion, ￿here Ilie debi inslniiiittll 15 iii¥asured ai th¢ prcscnl valu¥ olih¢ fi]tllre
paymcNt% di%countcd ai A market rai¢ of inteTest.
TaAAtion
The ¢harRty is exempl fri)m tax on ils charilable aLliviiies.
'he note5 On pa¥ub S 10 12 forni part ol-tli¢8e Iiiiancial stateiiients.
Page 9

ALIIRIG141' W'OOD NORTOY ESTATE CHARITABLE TRUST
REGISTERED CHARITY Tr4UI¥IBER: 1182491
FOR THE YEAR L.YDED 30 JUNE 202.
INOTE5 TO THE FIli￿NcIAL STATLMbNTS (tontinucdl
Income from charitable aetii'itie
21125
2024
Dollatiolls
Sale of timbcr
34,1.$4
3,619
34,84J
8,149
42,992
All income from chaTitsble actii'iiies constilutc.% i'i>luntary incomc and was attributcd to thc unr¢striclcd fiind.
Investment income
2U25
2024
Di￿.￿dendS received
InterLst re¢eivLd
6.318
753
7.211
1.179
7,071
8.-192
All inve51rnent illCo￿e w'as aiiributed to ih< unie5tricted fund.
AnalTr5is of expendiiure on charitable actii'ities
Activities
Llndertaken directly
Support
costs
Total
2025
Total
2024
Woodland managetnent fees
Wage5 and contraci work
Purchases
'I'ractors and 7nachincry costs
Premises ¢vsls
Insurance
Dcprcciation
undries
Inve5tinellt nianager's Llidrgvs
Governanc¢ L05ts
1,69
25,410
1,19
1,740
27,147
436
1.32
27,147
436
1,321
I,oi¥
3.180
691
3,000
802
7Q4
3,932
5,39fr
691
653
4,01(J
5.630
4,01
5,630
35.634
9.64D
45,274
All of the expendittire on charitable funds i￿¢T¢ dttnbuted to the unr¢siricted fund.
Governance costs
-management
Total
2025
Total
2024
Accounianej and bovkk¢¢pin
Indcpcndcni ¢xamin¢r's fees
4,450
1,180
4,450
I,i¥o
4,250
-140
5.630
5.39
The noies OD pagcs 8 ro 12 pan of the%e financial sialem¢ni5.
Pagc 10

ALBRIGIIT IVOOD liORTOTs ESTATE CHARITABLE TRUST
REGISTERED CHARITY NLINIBER: 1182491
FOR THE I'EAR ENDED 30 JL￿E 2025
I OTE% TO'I'HE FINA.NCL4L STATEMENTS Icothtinutdl
Independent examiners rtmurteration
Tlie Independent examincr% rcmuncraiion amounrs ro (In independcni cxaminatiun f¢e of £l,18012024 £1.140).
Trustee5' and key mAnAgement personllcl r¢muneration, expells￿ alld related parti traftsactions
The truslees all give freely their IiTnc dnd Lxpcrlisc wjthout any form of rcmuncrarion or orhcr benefit ill cash or kind. There
w¢r¢ no cxpcn%cs rcimbursed ID tniste¢s during Ihc pcriod.
Three Trf the trustees reL¥ived IIidireci remulleration foT PTovidiiig s¢rviceb lo th¢ cliarity duritlg Ihi pcriod by virtue of their
employjncnt. Th'oods fnr Tr¢¢%, the CTnployer of AtLdreii 14.'ood8, providcd woodldnd manageiiient Se￿]e¢S lo lh¥ charity of
£1,188 12024 £1,S041. Alm.%woi)d Adi'isory SeTh'tc¢s, the einployer of Rob¢rt Bailcy and William Bailey, prokided
aLcnullidt]cy services of £4.4.50 {2024 - ￿,250).
Filed a$5ets
Tr8Ctor5 alld
And buUding5
1'oti15
COST
Ai l Juls 2024
Addiriolls
119,4110
3,562
i.oou
330,400
3,562
At 30 Jun¢ 202.5
322.962
11.000
333,962
DEPRECtATIOTr4"
Al l July 2024
(.'hdrge for tbe penud
4,Cf)7
691
4,097
691
Ar 30 Junt 2025
4,788
4.788
NF.T 11()OK VALUF.
AI 30 Jiii)¢ 2024
3L9.400
326,301
Ar 30 June 2025
322,962
6,212
329.174
Fixed asset investments
202$
2024
Al l July 2n24
Addilivn> lo investiiients at C051
Dispos&l of inp'cstmenls
C-ash ni()vem¢nt
Nel iitLreali%cd invcstmenl gi£ insl{losscsl
207,294
17,163
11.3.84C))
355
204,448
62.283
{61.472}
11,2331
3,268
AI 30 Jun¢ 9025
213,410
07,294
The notes on pages 8 lu 12 fom) part ofiliesc financial ststeiiients.
Pagc 11

ALBRIGIIJ. IVUUD NORTON ESTA TE CHARITABLE TRUST
RTr:GISTb.'RLD CIIARITY YUMBER.. 1182491
FOR THF. I'EAR ENDED 30 JUNE 21J2.S
O'1'Tr'S'1'0 THF. FIN￿NCL¥L STATEM£￿T% Icontinutdl
Jo
Current assets
2024
Total fund$
Total futhds
"I'rade debtors
BaDk cu￿¢n[ account
1,020
25,292
32,867
26,312
32.867
All bank balances relat¢d lo unrestricted lunds.
li
Creditors: gmounts lailing due within one vear
2025
2024
Accruals and deferred income
Trade and othcr creditors
1.180
1,472
1,140
1.7Q5
2,652
2,845
All crcdilors fallmg due iTrit]iin onc ycar r¢laicd t() unre5tiicted fujids.
12
Moi'ement ID funds
At
l Julv 21124
Net movement
funds
At
30 June 21125
Ullrestricled funds
General fuiid
563,619
2,625
566,244
TOTAL FUND8
563,619
2,625
566,244
N¢t tiJovem¢nt in funds, included iii th¢ above are as folluws..
Incoming
Resour¢e$
Re50urLe5
expended
Gains And
losses
in funds
Ullrestricttd funds
Getteral fund
44,844
145,2741
3,0_$5
2,625
TOTAL FLNDS
44,844
145,274)
3,055
2,625
Tlie notes oil pages 8 Ic) 12 fiTrrrn part of these financial state￿tjIt$.
Pag¢ 12