Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ47OWEA98696E3 Charity number.. 1184185 WHITE HOUSE FARM ARBORETUM FOUNDATION TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ47OWEA98696E3 WHITE HOUSE FARM ARBORum FOUNDATION CONTENTS Page Reference and Administrative Details of the Charity, its Trustees and Advisers Trustees. Report Independent Examlner's Report Statement ol Flnanclal Actlvltles Balance Sheet Notes to tho Flnanclal Statem•nts 9-22
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION REFERENCE AND ADMINISTRATIVE DETAJLS OF THE CHARITY. ITS TRUSTEES ANO ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees M C Foster. Director C L E Foster. Chair C Lane C R Foslef S A S Berkeley C Sander5 J J Aldridqe R K White Charity r8gSstered number 1184185 Prlnclpal officè While House Fam High Cross Road Ivy Hatch Sevenoaks Kenl TN150NN Ind•p•nd•nt Examln•r Duncan Cochrane-Dyel Bsc BFP FCA MHA Lyndean House 30-32 Albion Place Maidstone Kenl ME14 5DZ Bankers Natsonal Westminster Bank F4c 67 High Str8el Sevenoaks Kent TN13 1LA Investment Advisers Evelyn Partners Group Ltd 45 Gresham Street London EC2V 7BG Page 1
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report together vthh the financial slatements of the Charity for the year from 1 January 2024 10 31 December 2024. The financial statements have been prepared in accordance wih the accounting policies set out in note 2 to the financial statements and comply wth the Chariws constitub'on. the Charities Act 2011 and the Accounting and Reporting by Charities.. Ststemenl of Recommended Pr8cbce ISORPI applicable lo charrties preparing their accounts in acwrdance wrth the Fin8n¢i81 Reporting Slandartl applicable in the UK and Republi¢ of Ireland IFRS1021 effective from 1 January 2019. Objectlves and activltles a. Pollclos and obl•ctlvos The objective ol While House Fam) Arboretum Foundation is first. to promote the conseNation. proltsclion and improvement of the physical and natural environment for the public bentrfil by ¢ultivaling and maintsining a collection ol plant species of the lemperale world al an arboluM and botsni¢ garden developed by Mauri¢8 Foster VMH since 1971 and known as White House Fami, Sevenoaks, Kent,. and in doing so, advance th8 education of the public in horticulture and the cultivation. preservation, propagation and conservation of plants and their impact upon biodiversity and Ihe conservation of the physical and natural environrnent. In selling objeclives and planning for aclNilies, the Trustees have given due consideration lo ggngral guidance published by the Charity Commissn relatiThJ to public bonefit. including lh¢ guidance 'Public benefit.. running a charity IPB21'. b. Strat•glo8 for ¥¢hl•vlng obJ•¢tlves The Charily's aim is to make available its collections as a living resource of both plant knowledge and material lo bolanisls, hortieulturalists and interested members of the public from all over the world. It maintains some 9,000 species and cultivars, inclutling some 71 Champion Te$ Ilhe largest of their kind in Britain and Irelandl. 11 demonstrates woody gardening melh¢yJs Ihal are low mainlenancg and self-sustsining. with garden waste re- cy¢lgd. Its Trusteos and other Friends of While House Fami use its collgctions of various ggngra to support thg exchange of plants and plant knOedge across many botanic and horlicultural organisations, as well as to inform and generate artides, books and blogs, including about species and hybrids new to science or horticulture. More than len artides were published by While House Farm Arboretum Foundation Trustees (Foster. Aldridge. Lane, Sanders) in 2024 in the RHS The Plant Review. the RHS The Gard&n, and other publications. Maurice Foster and While House Fami was profiled in the joumal Hortus. c. Actlvltles undertaken to achleve objectlves The ongoing aclivities of the Charily are described fully in the"Strategies for achieving objectives. section abov8 and the 'Achievements and perfomiance" section under"Review of actives". d. Main activitie5 undertaken to fvrther the Charity's purposes for the public benefrt The Charity provides advocacy. advice and inlorniaiion to the public, as well as provision and maintenance of an arborteum and botanic garden open lo the general publK. website IwhitehousefamigardenandartK)retum.¢oml is maintained in order lo make the Charity more accessible to the public and, since March 2021, the Charity has provided guided tours of the gardens and arboretum to the general public as well as establishing a volunteer group. Page 2
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Achievements and perfomiance a. Ravl8w of actlvltlès In 2024, we held two Study Da for the Inlem8tional Dendrology Society IIDSI, on camellias and the subsection of the genus Hydrangea known as asperae lasperas and involu¢ralasl - reports of b(>th events are published in the IDS Yearbook 2024. We held 3 garden tours for the Garden Masterclass.. Maurice was invited to give a lecture about Magnolias in April at Arboretum Wespelaar in April. and Clare to give a lecture on Maurice's behalf on Hydrangea robusta at the annual Varangeville Plant conference in October. A Plant Rights Committee was formed in July, headed by Jack Aldridge. to streamline and 5tematI5e the production of rare varieties from While House Farm for the long term benefrt ol the Foundation, and lo this end Clare photographically logged and 18belle¢J 229 distinct specimens in the Wood, visited Belgian nurseries and gardtrns, and prepared 8 rtrport on the historic and ¢urrenl Iggal status ol Maufi¢e's unique hydrangea serrats and aspera hybrids for the Eu's CPVO. Summer Intern, Eile&n Gahan, sponsored by the Kent Gardens Trust, helped log the collection of rare plants in the greenhouses, and planted new areas in the arboretum. The charity was registered for Gift Aid on March 5th 2024, wth Gift Aid customer reference number 0137062729. The Charity's unreslricte(J income includes private endowment contn"bvb"ong, vigilor donations. book and plant sales and contributions in kind by Volvnleers and Trustees. Hard expens8$ in 2024, were £24,680 12023.. approximately £15,600, much of which was paid for by Maurice Foster)., an annual sum which il is expgcted the endowmont interest and visitor donations wll be able to cover in luture years. Flnanclal rovlow . GoSng concem After making 8ppropriale enquiries, the Trustees have a reasonable expectslion that tho Charity has adequate resources to continuè in 0ratIonal existence for th8 foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in Ihe accounting policies. b. Reserve8 poII¢y The Trustees aim lo hold reserves sufficient to cover the costs of running and maintsining an arboretum and botanic garden, as well as providing advocacy and advice for the next 12 months. The balance of reserves as 81 31 December 2024 amounted lo £604.311 12023 - £560,722). c. Key flgures The results of the chariiy for the n[MI show a net movement of funds of £43,58912023- £33,039). Page 3
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Structure, governance and management a. CanstltLrtlon While House Farm Arboretum Foundation is 8 Charrt8ble Incorporaled Organisation - Foundation, registered with the Charity Commission, and is (x)nstituled under a constitution for a CIO - Foundation dated 1 July 2019. The Charity number is 1184185. b. Method8 of appolntment or electlon of Trustee¥ The management of the Chanty is the respx)nsibility of the Trustees. who are elected and -OPted under the terms of the constitution as registsred with the Charity Commissn. c. Organl$atl¢nal $tru¢turo and dKlslon4naklng poll¢l The Trustees aim lo meet on a regular basis to discuss and resolve any issue5 arising. The Trustees are the main decision making bc4Jy for the Charity. The Iruslees are Maurice Fosler VMH. Dr Clare L. E. Foster Ichair of Board of Trustees and Charity Commission Contactl, Christopher Sanders VMH, Chris Lane VMH, Jack dridge, Charlotte R Foster, Roderick White, and Sally Berkeley. Trustees do nol receive any payments from the charity. The director of the Charity is Maurice Foster. The Chair of the Board of Tnjslees and Charity Commission Contact is Mauriee's tlaughler, Clare L. E. Foster. Plant expert Trustees advise on the identification and value of the collection, as well as co-organise and guide slu(ly days and visitor groups, with the support ol the While Housè F8rm Volunt88r Group, now in its sixth yèar. The addrèss ol the Charity is Whitè Hous8 Farm. High Cross Road, Ivy Hatch, Sevenoaks, Kent TN15 ONN. lis website 1$ whitehousefamigardenandarboretum.com. Tho Charity is managed by the Direclor and Chair. Page 4
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Structure, governance and management {continuedl Statement of Trustees. responsibilities The Truslees are responsible for preparing the Truste8s' Report and the financial stalemenls in ac¢ordan¢e with applicable law and United Kingdom kcounting Slandards (United Kingdom Generally A¢¢epted Accounting Practi1. The law applicable lo charities in England & Wales requires the Tnjslees to prepare financial statements for each financial which give a true and lair view of the stsle ol affairs of the Charity and of its incoming resour¢es and application of resources, including ils income and exp8ndiiure, for thal perK)d. In preparing thes8 financial statements, the Trustees are required to.. select suitable accounbng wlicies and Ihgn apply them consistently, observe the methods and principles of the Charibes SORP IFRS 1021., make judgements and accounting esb"males that are reasonable anty prudent.. state whether applicable UK Accountir¥J Standards IFRS 1021 have been lolk)wed. subject to any material departure5 disclosed and explained in the financial staiements.. prepare the financial ststements on the going con¢em basis unless il is inappropriate to presume that the Charity will continue in business. The Trustees are responsible lor keeping wjeguate accounting records that are sufficient to show and explaln the Charity's transactions and disclose with reasonable accuracy al any lime Ihe financial position of the Charity and ènable thgm to ènsure that thg financial stalemènls comply vAth the Charits'es Act 2011. th8 Charity (Accounts and Reports) Regulations 2008 and the provisions ol the constitution. They are also responsible for safeguarding the assets of the Charily arKI hence for taking reasonable steps for the prevenb'on and detection of fraud and other irregularities. Approved by order of the members of the t)ard of Trustee5 and sned on their behalf by.. C Fostér Date.. October 26. 2025 Page 5
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Independent Examiner's Report to the Trustees of White House Farm Arboretum Foundation I'the Charity'l I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2024. Responslbllltlts and Ba$ls of Rèport As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance wth the requirements of the Charities Act 2011 1.the 2011 Acr}. I report in respect of my examination ol the Charitys 8¢counls carried out under section 145 01 the 2011 Acl and in carrying OLJt my 8x3minalion I have followed Ihe applicable DIr110nS given by the Charity Commission under Section 14515llbl of the 2011 Act. Ind•p•ndent Examln¢r's Stat•ment I have compleled my examination. I confinn thal matters have come to my attention in connection with tho examination giving me cause to believe that in any material respect.. accounting records were not kept in resp8¢1 of the Charity as required by section 130 of the 2011 Act,. or Ihe accounts do not accord with those records., or the accounts do not comply with the applicable requirements conceming the form and content of accounts Sel out in the Charities (Accounts and Reporlsl Regulab'ons 2008 other than any requirement that the accounts give a 'lrue and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no oiher matters in cKJnnection with the examination to which 8tlenlion should be drawn in this report in order lo enable a proper undèrstanding of the accounts lo be reached. This report is made solely to the Charitys Trustees. as a body, in 0rdance wth Part 4 of the Charits'es (Accounts and Reports) Regulaijons 2008. My work has been undertaken so that I might slate lo the Charity's Trustees those rnatters l am required to slate to them in an Independenl Examinerfs Report and lor no other purpose. To the fullest exlenl permitted by law. l th) not accept or assume responsibility lo anyone other than the Charity and the Chariws Tru51ees as a body. for my work or for this report. Signed.. Duncan Cochrano-Dy•t Bsc BFP FCA Indfrpond•nt Examlner For and on behalf of MHA Maidslone United Kingdom Date.. October 27, 2025 Page 6
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrlcted funds 2024 Restrlcted funds 2024 Total funds 2024 Total funds 2023 Noto Income from.. Dona110115 and legacies Charitable activities Other trading activities Investments Other in¢om8 26,304 3.263 2.211 12.113 467 2,189 28,493 3,263 2,211 12,113 467 4,812 2, 190 8,407 Total Income 44,358 2,189 46,547 15,409 Exp•ndltur• on: Raising funds Charitable activities 4191 17.300 5,191 19,489 4. 785 4,622 10 2,189 Tot418xpgndlture 22,491 2,189 24,680 9,407 Nat Incom• béfore not galn$ on Inv8Stm8nts Net gains on investments 21.867 21.722 21,867 21,722 6.002 27,037 Not movemont In funds 43,589 43,589 33,039 R¢¢¢nclllatlon of funds: Total fvnds brought forward Net movement in funds 560.722 43.589 $60,722 43,589 527.683 33,039 Totsl lunds Carded forward 604,311 604,311 560, 722 The Statement of Financial A¢livibes indudes all gains and losses recJnIsed in the year. The notes on pages 9 lo 22 form pari ol these financial slatements. Page 7
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Flxod a$$ets Tangible assets Investments 15 16 1,944 567,055 319 543,OTI 568,999 543,390 Current assets Stocks Debtors Cash at bank and in hand 17 18 35 2.525 37.252 280 19,916 39.812 20,796 Current Ilabllltle$ Creditors.. amounts falling due wthin one year 19 14.5001 (2,864) Net current as$et• 35.312 17,332 Total n•t as18 604,311 560. 722 Char5ty funds Unrestricted funds 20 604.311 560, 722 Totsl funds 604.311 560, 722 Thg financial statemgnls were approved and aulhori$gd for issug by the Trustees and signgd on their bghalf by.. C Fost•r Date.. October 26, 2025 The notes on pages 9 to 22 form part of these financial statements. Page 8
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 General InfomiatSon White House Farm Arboretum Foundation is a Charity Incorporated Organisation - Foundation registered by the Charity Commission in England and Wale5 and govemed by the Charitys constitution dated 1 July 2019. The registered address is given on the adminislrative deiails page ol these financial statements. The financial statements are presentsd in sterling. which is the fvnclional currency of the Charity, and rounded lo the nearest pound. Accountlng pollcles 2.1 8a$l8 of prnparatlon ol fln¥n¢l•l $tatem•nts The financial slalemenls have been prepared in accordance wth the Charities SORP IFRS 1021 _ Accounting and Reporb'ng by Chants'es.. Statement of Recommended Practice applicable to charits'es preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 102) arKI the chaiits.es Act 2011. White House Farm Arborelum Foundatson meels Ihe definib'on of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise staled in the relevanl accounting policy. 2.2 Golng Concern Th8 Trustees hav& considered th8 Charitys financial position and. giv8n th8 high 18v81 of unr8strict8d funds available, have a reasonable expectation that the Charity wll be able to continue to operate lor the foreseeable future. The Truslees cLJnsKber that it is appropriate lo prepare the financial slalements on a going concem basis. Page 9
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Icontinuedl 2.3 Incom8 All income is recognised once the Charity has enliuement to the income, il is probable that the income will be received arKI the amount of income receivable can be measured reliably. Grants are included in the Stslement of Financial Actiwties on a receivabltr b8sis. The balance of in¢ome received for specific purposes bul nol èxpended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement ol receipl, its recognition is deferred and included in credilors as deferred income. Where entiuement occurs before income is received, the income is accrued. Gifts in kind donated for dislribulion are included 81 valu81ion 8nd recognlsed as incowe when they are distributed lo the projects. Gffts (lonaled lor resal& are included as inwme when they are sold. Where the donated good is a fixed assel. it is measured at fair value, unless it is impractical to measure this reliably, in which case the cost of the item lo the donor should be used. The gain is recognised as income Irorn donations and a correspK•nding amount is included in the appropriate fixèd asset class and depreciated over the useful economic life in accordance with the Charity's accounlng kK)licles. Income tax recoverable in relation io dcfflations received under Gift Aid or deeds of covenant is Tècognised at th8 limè of the donation. Income tsx recover8ble in relab'on lo investrnenl income is recnIsed 81 the time the investment income is receivable. Other income is recognised in the period in which il is receivable and to the extent the goods have been provided or on cOMet10n of Ihe service. Page 10
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Icontinuedl 2.4 Expenditurn Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will b8 required in settlement and the amount of the obligation can be measureij reliably. Expenditure is classified by activity. The costs of each activity are maoje up ol the total ol direct Costs and shared ¢osls, in¢luding support Costs involved in undertaking each activity. Direcl costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more Ihan one activity and support costs which are not attributable to a single aclivity are apportioned befven those activities on a basis consistent with the use of resourcEs. Central staff costs are allocated on the basis of ts'me spent, and depreciation charges allocated on the portion of the asset's use. Expgnd(¢ure on raising ftjnds indudes all exwndilure incurred by the Charity lo raise funds for ils charitable purposes and indudes costs of all fundraising aclivitses events and non-chari¢able trading. Expenditure on charitable activities is incurred on direcily undertaking the activities which further tha Charitys objectives, as well as any associated support COSts. All expenditure Is Inclusive of Irrecoverable VAT. 2.5 Int•r•$t recelvabl• Interest on funds held on deposil is induded vthen receivable and the amount can be measured reliably by the Charity.. this 15 nomially upon notification of thè intèrest paid or payable by th inslilulion with whom the funds are dep%)siled. 2.6 Tanglbl¢ flxed •$sets and dpre¢latlon Tangible fixed assels are capitalised and recognised when fubJr8 economic benefits are probable and the cost or value ol ihe assel can be measured reliably. Tangible fixed assets are initially rectyJnised al cost. After recconition, under the cost model, tangible fixed assets are measured al cost less accumulated depreciats'on and any accumulated impairment Iossgs. Al Costs in¢urred to bring a lan9ible fixed asset into its intondgd working condition should bo included in the measurement of cost. Depreciation is charged so as lo allctate the cost of tangible fixed assets less their residual value over their estimated useful Iwe$. Depreciation is pro$ on the lollowing basis: Plant and machinery 10% straight line basis 2.7 Investments Fixed assèt investmènts are a fom) of financial instrument and are initially rè¢ognisèd al their transa¢ts'on Cost and subsequently measured al lair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cosl less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'GainsllLossesl on investments. in the Statement of Financial Actimties. Page 11
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Icontinuedl 2.8 Stacks stocks are valued at the IcvhEr of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost indudes all direct costs and an appropriate proportion of fixed and variable overheads. 2.9 D•btor$ Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayrnents are valued al the amount prepaid net of any trade discounts due. 2.10 Cash at bank and In hand Cash at bank and in hand indudes cash and short-18mi highly liquid investments with a short malurily of three months or less from the date of acquisibon or opening of the deposit or similar account. 2.11 Llabllltlos and provlslons Llabililies are recognised when Ihere Is an fA)ligalion al the Bal8n¢tr Sheet dale as 8 result of a p8St gvgnl, il is probable that a Iransfgr ol economic benefil will be required in settlement. and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amounl that the Charity aniicipates it will pay 10 Settle the debt or the amount il has received as advanced paThen1$ for the goods or Sèrvices it musl provido. 2.12 Financlal Instrum•nts The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial inslruments. Basic financial instrumenis are initially recognised al transaction value and subsequently measured at iheir settlement value with the exception of bank loans which are subsequently MeaSud al amortised cost usirwJ the effective interest method. 2.13 Fund a¢¢ountlng General lunds are unrestricted funds vthich are available for use at the discretion of the Trustees in furtherance of the general objectives of ihe Charity and vthich have not been designated for other purposes. Reslricle¢J funds are fvnds which a to used In a¢cordan¢e wth specffic $trict10n$ imtx)sed by donors or which have bÈÈn raised by the Charity for particular purposès. Th8 costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is sel out in the notes lo the financial statemenis. Investment income, gains and losses are allLxaled lo the appropriate fund. Page 12
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Income from donatlons and lagacles Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Donations 18.054 18.054 2,189 8.250 4,812 Grants Gift aid claimed on prevK)us years, (Jnations 2,189 8.250 Total 2024 2,189 28,493 4,812 Total 2023 4,812 4,812 Income from charltablo actlvltles Unrestrictod funds 2024 Total funds 2024 Total fvnds 2023 Income from vislling groups 3,263 3,263 2, 190 Tolal 2023 2. 790 2, 190 In¢¢me from other tradlng a¢tlvltl Income from non charitable trading activltles Unrestricted funds 2024 Total funds 2024 Tol81 funds 2023 B(K)k sales Plant sales 1,169 1,042 1.169 1.042 2.211 2.211 Page 13
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 In¥tment Income Unrestricted funds 2024 Total funds 2024 Total funds 2023 Income from listed investments Investment income - on cash held th Evelyn Partners Bank interest 11.859 126 128 11.859 126 128 7,973 321 113 Total 2024 12,113 12,113 8,407 Tol812023 8,407 8,407 Othor Incomlng r•¥ourco$ Unrnstrteted funds 2024 Total funds 2024 Total fvnds 2023 Inleresl received from HMRC on tax repayments 467 Expondlture on ral8lng funds Costs of raising voluntary income Unrestrict funds 2024 Total funds 2024 Total fvnds 2023 Costs of books for res81e Costs of plants for resale 650 238 238 Page 14
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 In¥tment management costs Unrestricted funds 2024 Total funds 2024 Total funds 2023 Investment management fees 4,303 4.303 4, 785 Total 2024 4,303 4,303 4, 785 Total 2023 4, 785 4, 785 10. Analysls of •xyndltur¢ on ¢harltabl• actl¥ltlo3 Summary by fund typ• Vnrestrlctsd Re8trlct lund$ funds 2024 2024 Total 2024 Total 2023 Arboretum acliwtles 17,3C 2,189 19.489 4,622 Total 2024 17,300 2,189 19,489 4,622 Total 2023 4,622 4,622 11. Analysls of expondlture by act5vities Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Total fvnds 2023 Arboretum a¢b"wties 12,991 6,498 19.489 4,622 Totsl 2024 12.991 6,498 19,489 4,622 Total 2023 680 3,942 4,622 Page 15
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 11. Analysls of •xpgndlture by actlyltles {contlnued} AnalysSs of dlrect costs Arboretum actlvities 2024 Total funds 2024 Total funds 2023 Deprecialion Visiting group expenses Plant labelling costs Garden maintenance Intern costs 225 325 1,236 8,875 2,330 225 32S 40 640 1.236 8,875 2.330 Total 2024 12.991 12,991 680 Tol812023 680 680 Analys58 of support costs Arboretum a¢tivities Total funds 2024 To181 funds 2023 2024 Printing, stationery and postage Website costs Trustoos, travel expenses Govemance costs 82 120 852 82 120 852 3,942 Totsl 2024 6.498 6.498 3,942 Totsl 2023 3,942 3,942 Page 16
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Analysls of govemanc8 costs 2024 2023 Gov•man¢• ¢osts Accountancy fees Independent examination fees Professional fees 2.253 2,253 938 1,585 1,585 772 3,942 Page 17
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 12. Ind8pand•nt •xamlnerfs remunaratlon The indep8nd8nt èxamin8Vs remuneration amtmjnts to an indepèndent èxaminer fee of £2,253 (2023 - £1,585), accounts preparation fees of £2,25312023- £1,585) and other fees of £93812023- £7721. 13. Staff costs The average number of persons employed by Ihe Charity during the year was as follows.. 2024 No. 2023 No. Trust88$ No employee received remunerati amounb'ng to more than £60.1x in either year. The charity has no employees other ihan Ihe Truslees who did not receive any remuneration or benefits in either year. There are also 12 unpaid volunleers12023.' 101 who, togelher wilh the Trustees, undertake gardening, leelures, talks and dem¢)nstratsons. 14. Tru$tees' remun•ratlon and exp•ns•s During the year. no Trustees received any remuneration or other benefits (2023- £NIL). During the year ended 31 Decemkr 2024, no Trustee expenses have been incurred (2023- £NILJ. Page 18
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15. Tanglbl8 flxed assets Plant and ma¢hln¢ry Cost or valuation Al 1 January 2024 Additions 399 1,850 At 31 December 2024 2.249 Dgpreclatlon At 1 January 2024 Charge for the year 80 225 Al 31 December 2024 305 Net l>ook valu• At 31 December 2024 1.944 Al 31 December 2023 319 16. Flx•d asset Investments Listod Invostmonts Cost or valuation At 1 January 2024 Additions 543,071 104,214 {101,9521 21.722 Disposals Revaluations Al 31 December 2024 567,055 Net book value At 31 December 2024 567,055 At 31 December 2023 543,071 Page 19
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986*LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 16. Flx8d asset Investments (contlnuedl 17. Stocks 2024 2023 Finished gocS and goods for resale 35 18. D•btor8 2024 2023 Duè wlthln ono year Other dgbtors Gift aid recoverable 280 2,S25 19. Credltors: Amounts falllng due w6thln one year 2024 2023 Accruals and deferred incLJme 4,$00 2,864 Page 20
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 20. Stat•m8nt of funds Statement of funds- current year Balance at 31 Galnsl Dmbar {Lossesl 2024 Balancè at 1 January 2024 Income Expenditure Unr•stri¢t•d lunds General Funds all funds 560.722 44.358 {22,491) 21.722 604,311 Restrlct•d funds Restricted Funds- all funds 2.189 {2,1891 Total of funds 560,722 46,547 124,6801 21,722 604,311 Slatm•nt of funds- prlor year Balance at 37 Decgmber 2023 88lan¢e al 7 J8rtuary 2023 G8insl {LossesJ Income Expenditur8 Unre8trlcted fund8 General Funds- all fun(Is 527,683 15,409 (9,407) 27,037 560, 722 Page 21
Do¢Jsign Envdope ID." 7C659DW59DF4B(KJ470WEA986LNJE3 VIHITE HOUSE FARM ARBORum FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 21. Analysls of net assets betw8•n lunds Analysis of net assets between lunds- current period Unr•strl¢t funds 2024 Total funds 2024 Tangible fixed assets Fixed 8ssel investments Current assets 1.944 567,055 39,812 14,5001 567,055 39,812 14,SCKSI Creditors due within one Totsl 604,311 604,311 Analysls of not a$wt$ b•tw•n lund$- prlor p•rlod Unrestricted funds 2023 Total funds 2023 Tangiblg fixgd assets Fixed assel inveslments Current assets Creditors due within one year 319 543.071 20,796 (2,864? 319 543.071 20,796 (2,864) Total 560. 722 560. 722 Related party transactions During the year, the Diroctor and Tnjstoe. Maurico Foster. donated to the Charity amounts of £23,529 12023- £4,812). No conditions were attached to the donations in either year. During the year, the Director and Trustee, Roderick White. donated the Charity fixed assets with a fair value of £1,60012023- £NILI. No condilions were attached lo the thnatsons in the year. Expenses totalling £1,51912023 - £NILI were reimbursed lo thè Chair. Dr Clarè Louise Elyzabeth Foster PhD, during the period. The arboretum and botanic gardens are leased from the Director and Trustee M C Foster rent free. Page 22