Ch)rlty Y¢gl$trallon number 1185301 (England Jnd Wjles) The Lenchwood Trust Annual report and unaudlted financial statements For the year ended 31 October 2025
The Lenchwood Trust Legal and admlnlstratlve Information Trustee$ Mr F Ferrett P Johnston E johnston Mr S Tompkins Mr S Ferrett (Appointed l March 2025) (Appolnted 21 January 2025) Mr D Cave Charlty rogl$tratlon England and Wal&s 1185301 Independent examinèr DJH Halesowen Llmited Church Court stourbridge Road Ha5esowen West Mldlands 863 3Tt
The Lenchwood Trust Contents Page TNstees' report Independent examlnerfs port Staroment of fjnafieial actlvlmes statement of flnandal posltlon Notes to the finaniial statements 7-15
The Lenchwood Trust Trustees. Report For the year ended 31 October 2025 The trustees present thelr annual r8POrt and flnandal statements for the year ended 31 October 2025. The finèntlal $tatemÈnts hav¢ been prepared In accortlan¢e wlth the accountlng pollcles set out In note I to the flnanclal statements and comply wlth the chartty's 9overnlng document, the Charlties Act 2011, FRS 102 "The Financial Reportin9 SténJard appllcable In the UK 4nd Republlc of Ireland" and the Charitf 50RP "Accountlng and Reportlng by Charltle5.' Stotement of RecommEn(Jed Pracllie appllcable to charltles preparlng thelr account5 In accordance wlth the Flnanc5al Reportlng Stsndard appllcable In the UK and Republlc OF Ireland IFRS 102).. Objectlvès and actlvities The purposes of the charlty as set out In the gtsvernlng dotument arE to erect and opernte a home b) be Used for test and recrealion for the b8neflt of chStIanS of bny dengmlnatlon. The long-term alm of the charfty Is to contlnue to make the slte attractlve as a destlDat40n for groups both large and small to <ome so as to be refreshed, renewed and restored In body and Spt. To thls end It aims in the short-term to further develop the slte and Improve the seNlce offered. sucSs in the reoortlng period Ss seen In the number of group5 and Indlvlduals attendlng and the number of those persons who contlnue to relurn In successtve years. Publlc befteflt The trustees conslder that tho actlv5tles undertak¢n are ftsr the public bellt and they have had regard to Charlty Commlsslon guldance on publlc benefit. The maln activity undertaken Irb relatlon to the charlty's PLtrpgse Is the tsperatlon of a ¢onfèrente faclllty and camplng based accommDdatlon fa¢lllll¢s al Spltten Farm, Worcestershlre. Thls artlvlty Involves hlring out the facllltles for retreat or conference use by Indlvldua15 or groups for week or iveekend vlslts, Resourtes avallable for thls aLtlvity Include a 200 seat conference hbll, 8 statie caravans, a raQU$e venuè, a large camplng field, and more than 50 acres of servlced flelds for events. AchlevÈments ènd p¢rftsrm•nce Slgnlficant actlvltles and achjevements agalnst obJectlve5 The maln a¢hlevements In the perlod havè been the further enhancement of the slte and the steady growth In generation of Income. Income from the provlslon of retreat and conference facllltles In the year to 31 October 2025 wa5 ÉIIO,000 tompared to almost £71.000 In the the pViouS period, and th15 Income represented S2Wo of the related expendlture {prevlous year.. 27W•). Over £83,000 of enhancement and Improvement work has been done to the charfty's flxed 85sets. Overall the trustee5 conslder the perkd to have been one of slgnlficant success In contlnulng tts èssure the charity's sutvival after severnl perlods of unpretedented difficultles, Sl9nlflcant foGtor5 The princlpal rlsk5 and uncertainties faced by th¢ ¢harity ar¢ th¢ untsrta5nty or future In¢omÈ streams and the ¢osts of Intended development work. These wlll be managed by the employment of competent, adequately remunerated support staff wlth a professional attitude and through monltorlng by a focused trustee body wlth a va¥lety of relevant compèt¢nci&$. Flnanclal r8vl•w The trustees con51der the charlty to be In a strong ftnanclal posStlon at the year ¢nd wlth a p051tlve cash balan and a substantlal value In tanglble assets.
The Lenchwood Trust Trustees, Report (contFnued) For the year ended 31 October 2025 ReseeS pullcy Th& charily's reserves policy Is to hold an equlval8nt of appr0matelY slx months, normal expendlture In reserves. ThÈ trustees consider It Is necessary to hold resee5 to insure against a possible future shortfall In Income or vnpredlctable costs. Total fund5 at the end of the year wew £1,574,122, of whlch É313,903 werè restrlcted fvnds. Wlthln the unrestrlcted fvnd5 there are £1,202,750 (October 2024,. £1,136,431) held in the form Of tangible fixed assets. Therefore ifter making allowance for restrirted Ajnds and funds embodled In flxed assets, the amount of reserve5 at the end of the year was £57,469 (October 2024-, É194,3561. Therefore the charity's reserves ar¢ now broadly In Ilne wlth the pollcv. structiirei govern?n¢e anfl man?gement The charlty Is a Charitable Incorporated Organlsation governed by its con5ikntutlon. Th& trustees who servod durfno the year and up to the date OF slgnature of the flnanclal statements were.. Mr R Pocock (Reslgned 6 September 2025) i F FeriEtt P Johnston E Johnston Nr S T(>mpkln3 Mr S Ferrelt Mr D Cave Mrs R Pocock (Appolnted l Narch 2025) (Appolnted 21 Janijary 202S) (Reslgned 6 September 2025) Recruitme.nt and Jppointment of trustee5 The trustees have considered the skllls needed wlth regards to the gDvernance of The Lenchwood Trust and regularly revlew thls In relatlon to triJ5tee5 In post. The Lenchwood Trust actlvely seeks new trustees where they would brlng addlllonal 8xp8rtlse that woul¢J be of benefit. 0ry8nisBtlon31 structure The charity Is govemed by Its tnjstees. whts meet retsularly to make declslons. Induclion and tralnlnq of trustees All new trustee& or¢ provlded wlth Ilterature outllnlng thelr respon51bllltle5 and are brlefed through Introductory meetlngs about the organlsatlon and thelr role before they become trustee5. The trugtees, ortw pproved by Ihe Board of Trustees, YTU•t¢¢ Date: .........
The Lenchwood Trust Independent examiner's report To the trustees of The Lanchwood Trust I report to the tN5tee5 on my examlnatlon of the flnan¢lal statements of The Lenchwood Tnjst {thÈ chariiy) for the year ended 31 October 2025. ReSPOTY8lbllltles 4nd bJ8ls of report As the Irustves of the charity you are re5por+slble for the preparatlon OF the financlal statements Sn accordance with the requlrements Df the CharltTes Act 2011. I report In respect of my exarnlnation of the charity's flnancial statements carrfed out urtder seciton 145 of the Charltries Act 2011. In carrylng out my examlnatlott i have followed the Dlrectlons 9iven by the Charlty Commlsslon under sectlon 145(5){b) of the Charities Art 2011. Independent exomlner's statement Your attention Is drawn to the faLt that the charlty ha5 prepared the flnanc4al statements accordance wlth the relevarTrt yelOn of the StatFmen¢ of Recownmended Practlce applicable to charltles preparlng thelr flnèn¢lal statements In accordance wlth the Flnanclel Reportlng Stsndard applicable in the UK and Republlc of Ireland IFRS 102) In preference to the Acwuntlng and Repgrtlng by Charltles: Statement ol Recommended prattl¢e Issued on l Aprll 2005 whlch 15 referred to In the extant re9ulètlons but has noiy been withdrawn. Z understand that thls has been done in order for the financlal stètements to provlde 8 true falr vlew In accordance wlth UK Genernlly A(ple Accountln9 Prartlce. have completed my exttmination. I confirm that no matters have come to my attentlon In tonnettion wlth the examlnatlon olvlng mè cause to baiieve that In any materlal respett: accountlftg records were not kept In respect OF the charity ès required by sectlon 130 of the Charities Act 2011. the flnancial statements do not accord wlth those remrds; or th8 fiTrantial statements do not comply wlth the applicable requlrements eoncernlng the form and content of flnandal stalements set out In the Charltlcs (Accounts and Reports) Regulatlons 2008 other than any requirement that the flnandal statements give a true and falr vlew, whlch Is not a matter consldered as part of an Independent examlnatlon, I have no cOnrn9 and have cgme acro#s no other matters In ConnecOn wSth the examlnatlon to whlch attentlon should be drawn in thls report in order to enable è proper understandlng of the financial statefftents to e reached. Mark Howell FCA DJH Nalesowen Llmlted Church Court stourbrldge Road Halesowe West Mldl3nds Date:
The Lenchwood Trust statement of flnancial actlvities {Ih¢lu(Jing Income and expendktum a¢¢ount) For the year ended 31 October 2025 Current flnBnelal yeat Unrestrlrtqd fund$ 2025 Rq5tr1cted tndowm*nl fund$ 2025 Total Total 2025 202S 2024 Notsg Incorh• and endowments from: Don?tlon5 and Iqgacle$ CharitaEile activitiès Investments other Income 10,723 ILO,000 20,372 959 10,723 iio.000 20,372 959 17.284 70,971 25,903 521,931 Total Incomo 14Z,054 142,054 636,089 Expondliuro on: Charitable èetivities 212.624 212,624 246,067 Total exppndltyro 212,624 212,624 246,067 Not Incomo/l•xpenditure) and mavement In funds 170,5701 170,5701 390,022 ReconcillBtlon of fundsi Fund balances at l November 2024 1.330.787 650 313.253 1,644,690 1,254,668 Fund balllnc•s at 31 Octob8r 2025 1,260,217 650 313,253 1,574,120 ,6t14,690 The statement of fjnanclal artlvltles Includes all galns and losses recognised In the year. All Income and expendlture derlve from contlnulng actlvlt]e5.
The Lenchwood Trust Statement of flnancial actlvities (continued) (Includlng Incoma and expendlture account) For the year ended 31 October 2025 Prior flnancial Unr•¥trl¢ted funds R4#trlded Endowm•nt fund• fumds 2024 2024 Total 2024 2024 Noles Incomo and endowments from: Donatlons ènd legacles Charitable attivllles Investmethts Other Income 16,654 70.971 25,903 521,931 650 17,284 70,97L 25,903 521,931 Total Incomg 635,439 650 636,089 Expendlture on: a)arStable activities 246,067 246,067 Ttstal expendlture 246,067 246,067 Net income Jnd movement In fund8 389,372 650 390,022 Recon¢illation of fLEnds1 FLsnd balances E*t l November 2023 941,415 313,253 1,254,668 Fund balance$ at 31 October 2024 1,330,787 650 313,253 1.644,690
The Lenchwood Trust Statement of financial position As at 31 October 2025 2025 2024 Notes F5xad a$$ets Tan9lble a559ts Iz 1,518,003 1,449.064 Currefit èssets Debtors Cash at bank and In hand 13 1,850 112,148 6,966 235.204 113,998 242.170 CredÈtor8: Bmountg falllttg due wlthln on¢ year 15 {37,7J91 124,668) N*t ¢yrr¢nt asset$ 76.279 217,502 Total aslots lass currant Ilabllltles 1,592,282 1.667,186 Credltors: amounts falllng due after moro than on• year 16 {18,1621 (22,4961 Net aS$0ts ,574,120 1,644.690 The funds of the ¢harlty Endowment funds Restrlcted Income funds Unre5trlcted funds 17 313,253 650 1.260,217 313,253 650 1,330,787 18 19 1,574,120 1,644.690 The fin8nclal stat ntswe pproved by the trustees on Tru5t•e
The Lenchwood Trust Notes to the financlal statements For the year ended 31 October 2025 Accounting policlès Charlty InforrnatloA The Lenchwood Trust Is a Charlt8ble Inetsrporated Organlsation. The reolstered office 15: Lenchwo¢>d Chrl$tlan Centre Spltten Farm Abbots Lench Evesham Worcestershlre WRII 4UP L.1 Bv4sl¥ of prep>ratltyn The financlal statements have bèèn prepared In accordance wlth the charlty's goveming documènl. the chalIeS Att 2011, FRS 102 'The Flnanclal Repgrtln9 Standard appllcable the UK and Reptjbllc of Ireland. and the Charftles SORP "Accoundng and Reportlng by Charftles., Statement of Recommended Pracbce applicable to eharitles prepartng thelr accounts In accor(lance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 102).. The charfty Is a Publlc Benefit Enllty a5 deflned by FRS 102. The chaAly has tsken advantsge of the pruvlslons In the SORP for chamtles not to prepare a Statement of c45h flows. The finantlal statèments have departed frn)m the Charitles (Accounts antl Reports) Re9ulatlons 2008 only to the extent requlred to provlde a true and falr vlèw. Thls departure has Irlvolved followlng the ststement of Recommended Prartice for charltles applying FRS 102 rather than the version of the statement of Re¢omm8ndgd p[(8 whlch Is referred to In the R£gulatton5 but whlch ha5 slnce been wlthdrawn. The financlal statements are prepareij in sterling. whlch Is the funttional currency of the charity. Mfjnetary amounts In these flnan¢lal statements are rounded to the nearest £. The flnanclol statements have been prepared under the hlstorical cost convention. The prlncipal a¢countlng pollcl85 adopted are set out below. X.2 Golng concatn At the tlme of approvlng the flnandal statements, the trustees have a réasonable expectatlon that the challty has adequate iesources to contlnue In operntlonal exlstence for the foreseeable futur¢. Thu5 the trustee5 contlnue to adopt the golng COnM bèsls of accountlng In preparlng the flnèndal statements. 1.3 Charltablo fund$ Unrestdcted funds are avallable for use ot the dl%rettor> of the trustees In fvrtherante of thelr charftable objectlves. Re5trlcted funds are subject to speclnc condltlon5 by donors or grantors as to how they may be used, The purposes and uses of the resttfrted fvnds are set out lrt Ihe notes to thè finandal statements. Endowment funds are subjert to speclflc condltjons by donors that the cdplt81 must be malntalned by the th•rity. 1.4 Income Income Is recognised when the charlty Is legally entitled to after any performan condltlons have been met, the amounts can be measured reliablyi and It Is probable that income will be received.
The Lenchwood Trust Notes to the financlal statements (continued) For tha year ended 31 October 2025 Aryountlng pollcl•8 (Continuèd) Cash donatlons are reognlsed on recelpt. Other donadons are recognlsed once the charlty has been notifiÈd of the donation, unless performance condifions requlre deferral of the amount. Income tax recoverable In relallon to donatlons received under Glft Ald or deeds of covenant Is recognised at the tlme of the donatlon, LegÈclÈg are recognlsed on recelpt or otherwlse If the charity has been notlfied of an Impendln9 d15lrlbifjtlon, Ihe dtnuunt Is known, and recélpt Is expected. If the Bmount Is Dot known, the legacy Is treated as a tontTrn9ent èsset. l.S Expandlturn Expendlture Is recognlsed once there Is a legal or constructlve obllgatlon to transfer economlc betIt to a thlrd partyi It Is probable that a tiansfei of economlc benefits will be required it) settlement, and the amount of the obllgatlon can be measured rÈllably. Expendlture is cl3ssified by acEivity. Thé costs of eèch aCt¢ty are made up of thè totsl of direct costs and shared costs. Includlno sUPPOrt costs Involved In undertaking e4Gh acilvlty. Dlrèrt costs attrlbutable to a sln9le actlvity are allocated dlrectly to that attlvlty. Shared costs which contribute to more than one attivity aod support costs whlch are not attdbutable to a slngle activity a apportlonecs between those èctlvltles on a ba515 conslstent wlth the se of resources, Central staff Costs are allocated on the basls of tlm& $pent, and depredallon charyes are allocated on the portlon of the ?sset s use. 1.6 Tanglblè flxod as8etB Tanglble fixed assets are Inltlalty measured at cost and subsequenrly measureil at wst or valuation, net Df depreciatlon and any Impalmient losses. Depreclatlon Is recognlsed so as to wrlte olf the cost or vèluatlon of assets le5S thelr resldual values over thelr useful lives on the following se$.. Freehold land and buildings Plant and equlpment Flxtures and llttlngs Motor vehicles oo 25Va reducln9 balance 25Yo Stralght Ilne 25Wo fEduclng balan The galn or loss 8ri4ing on the disposal of an asset Is determlned as the dlfference between the Sale proceeds and the carrylng value of the asset. and Is recogn15ed In the statement of flnanclal actlvitles. Income from donatlons and IqgaclE5 Unr¢¥trl¢ted R•skrlded funds funds 202S 2025 Tot•1 fuTrds ?024 2025 2024 2024 Donatlon5 and 91ft5 10,723 10,723 16,634 650 17,284
The Lenchwood Trust Notes to the financial statements (continued) For the year ended 31 October 2025 Intom• from charltable actlvltles Unre$trlcted funds 2DY¥ Unrestrlde funds 2024 Provl4lon of ratraat conf•rente fa¢llltlés Retreat and conference hlre iio,000 70,971 Income from Inve$tments unrèstridad unréstrltted funtts funds 2025 2024 Rental income Inter¢5t receivable 14,516 5,556 15,563 10,340 20.372 25,903 other Income unrtr1¢t8a UnstrICt# fund8 funds 2025 2024 Net galn on disposal of tsngible fixed aet$ 959 521.931
The Lenchwood Trust Notes to the flnanclal statements (continued) For the year ended 31 October 2025 Expendlture on charilable actlvltles Provl$lon of Provlslon of rotr8•t and r*tre•t and confeTenre tonférence facllltl8s facllltles 2025 2024 Dlrèct cost# staff costs Depreclatlon and impalrment Camp & event ¢osts Pod hlre Rates, Llght & Heat Insurance Telephone Advert5slng 69,689 13,367 3,599 4,675 37,553 7,337 1,599 2,781 75,510 6,179 13,905 44,382 6.827 2,778 2,37Q> f li Repairs & Renewals Tralnlng Travel uslness Rates Sklp Hlre & Cleanlng Prlntlng & Statlonery onsumables Leg81 & Professlon31 Bank Intere5k t8,633 975 3,890 L,707 29,830 1,740 2,231 7.177 641 46,B27 704 1,114 2,194 16.562 1,102 1,245 19,561 752 207.424 242.032 Sharo of support and gov4rnanc• costs (6¢• note 7) Support 5.200 4,035 212,624 246,067 AnAlyJlg by fund Unrestricted fijnds 212,624 246,067 ID-
The Lenchwood Trust Notes to the financial statements (contlnued) For the year ended 31 October 2025 Support Costs allocated to actlvltles 2025 2024 Fln4nce costs G¢vernance costs 1,500 3,700 435 3,600 5,200 4,035 Analysed between: Provlslon of retreat and conference fadlltles 5,200 4,035 Net movement In lunds 2025 2024 The net rnovement In funds is stated after Charging/{Cdit1nQ)'. Fees payable for the Independent examinatlon of the charlty's flnanclal siattsments D8preclaUon of owned ianglble flxed assets Profit on dlsposal of tangible fixed assèts 3,700 13.367 {959} 3,600 6,179 152J,931} Tru6t••$ None of the tNstee5 {Dr any persons connected wlth them) recelved any remuneratlon Or benefits from thè charity durirto the year. 10 Employees The average monthly number of employees durlng the year was: 2025 Numbey 3024 Number Manauement Employment costs 2025 2024 Wages and sal8rles 69,689 75,510 There iv8re no employees whose annual rèmuneratlon %Ya5 more than £60,000. 11 T•x¥tlon Thé eharity IÈ exempt from taxation on Its activllles be(%se all Its income Is applied for charlt4ble purposes.
The Lenchwood Trust Notes to the financial statements (continued) For the year ended 31 October 2025 12 Tanglble flxéd assets Fraehold land buildln91 Planl and PIxIu and gqulpm4nt tllng$ Motor vahl¢les Tot•1 Cost At l November 2024 Addifions Dlsposals 1.415,489 64,146 142,969 13,131 14,000) 109,964 3,704 600 2,495 {6001 1,669,022 83,476 (4,600) At 31 October 2025 1,479,635 152,100 113,66B 2,495 1,747,89B Depreclatlon and ImTrment At l November 2024 DepClalon charged in the year Ellmlnated In respecr of dlsposals 120,195 8,125 (5831 98,916 4,618 227 624 219,338 13,367 1810) 1227) At 31 October 2025 127,737 10.1,534 624 231,895 Carrylng amount At 31 October 2025 1,479,635 24,363 10,134 1.871 1,516,003 At 31 October 2024 1,415,469 22,774 11,048 373 1,449.684 13 Debtors 2025 2024 Amounts falllny du• wlthln one y•ar'. Other debtors ppaYMents and accrued Income 5,459 1.507 1.850 l.BS0 6,966 14 LDans and overdraft$ 20215 2024 Bank loans 22,720 27,278 Payable wlthln one year Payable after one year 4,558 18,162 4,7112 22,496 12-
The Lenchwood Trust Notes to the flnanclal statements (continued) For the year ended 31 October 2025 15 Credltor$.' omounts falllnB dua wlthln on6 y8ar 2025 2024 NotqS Bank loans Other taxatlon and soclal securlty Other credltors Accruals and deferred Income 14 4,558 6,602 243 26,316 4,782 730 282 18,874 37,719 24,668 16 ¢vedllors: amoun1$ *?Illng after more than on? year 2015 2024 Not Bank loans 14 18,162 22,496 17 Endowment fund8 Endowment funds represent assets whtch must be held permanently by the charlty. Income arising on the endowrnent fundg cAn be usèd In accordance wlth the objects of the charity and Is included as unrestrlcted Income. Any capltal gains or losses arislng on the assets form part of the fund. At l At 31 October November 2015 1024 Permanent endowments 313,253 313,253 Pravlous yeari At l At 31 Oclober N>vember 2024 2023 PermBnent endowmehit8 313,253 313,253 13-
The Lenchwood Trust Notes to the financlal statements {contEnued) For the year ended 31 October 2025 18 Restrlcted fvnds The restrfcted funds of the charity comprlse the unexpended balances of donatsons and grdnts held on twst 5ubJecl t9 5peclflc condltlon5 by donors as to how they may be used. Ati Nov4mb¢r 2024 Incomlng At 31 October Tesaurc•$ 2025 650 650 Prévlous year: Ati Nov¢mber 2025 Incomlng At 31 October resources 2024 6SO 650 19 UnT¢Strlrted funds The unreslrlcted funds of the charlty comp¥lsÈ the unexpended b¥tlances of dDnatlons and 9rants whlch are not subject to speoftc condimons by donors and orantors as to how they may be used. These Include des19nated funds ivhlch hève been set aside out of unrestrttted fvnds by the tnjstees for speclflc purposes. Ati Novembar 2024 XncoTnlng Resource$ At 31 October èxp•nd•d 2025 General funds 1,330,7B7 142.054 12A2.6241 1,260,217 Prevlous year Atl Novamber 2023 rncornlng rosour¢¢s ResourLE5 At 31 OctobEr oxpEndÈd 2024 General funds 941,415 635,439 (246,0671 1,330.787 14-
The Lenchwood Trust Notes to the flnanclal statements (continued) For the year ended 31 October 2025 20 Analys1$ of b4twa•n funds Unr•$trlet•d funds 2025 Reqtrlctéd EndowFnent funds funds 202J ZO15 Total 2025 At 31 October 2025: Tangible assets Current as5etsllllabblltles) Long term liabllltles 1,202.750 75,629 (18.1621 313,253 1,516,003 76,279 (18.162) 650 1,260,217 650 313,253 1,574,120 Unro8trlcted fuTrds 3024 Xestrlcted Èndowmènt fund5 1024 3034 2024 At 31 O¢tob•r 2024: Tanglble assets Current assets/lllabllltles) Lon9 teim Ilabllities 1,136,431 216,652 122,4961 313,253 I,449,4 217,5(J2 {22,4961 650 1,330.7B7 650 313,253 1.644,690 15-