CHARITY REGISTRATION NUMBER: 1188956
Low Gillerthwaite Field Centre CIO
Unaudited Financial Statements
31 August 2024
Lamont
Pridmore

Low Gillerthwaite Field Centre CIO
Financlal Statements
Year ended 31 August 2024
Page
Trustees, annual report
Independent examinerfs report to the trustees
Statement of financial activities
ststement of financial position
Notes to the financial statements
10
The following pages do not form part of the financial ststements
Detailed statement of financial activities
20
Notes to the detailed statement of financial activities
21

Low Gillerthwaite Field Centre CIO
Trustees. Annual Report
Year ended 31 August 2024
The trustees present their report and the unaudited financial statements of the charity for the year ended
31 August 2024.
Reference and administratlve details
Registered charity name
Lr)w Gillerthwaile Field Centre CIO
Charity registration number
1188956
Principal office
Low Gillerthwaile Field Centre
Ennerdale
Clealor
Cumbria
CA23 3AX
The trustees
Mr T Plaice
Mr P Muir
Mr S Young
Mrs G Greggain
Mrs R Muir
Miss V C Pearce
Mr K Thompson
Mr J Brennan
Mr J Harriman
Independent examiner
Susannah Nixon
Lamont Pridmore Chartered Accountants
Milbum House
3 Oxford Street
Workington
Cumbria
CA14 2AL
Structure, governance and management
Type of governing document?
Constitution (Charities Commission) "Conslitulion of a Charitable Incorporated Organisation with voting
members other than ils charity trustee5"
Dale established 07104r2020.
How is the charity congtituted7
Low Gillerthwaite Field Centie is a Charitable Incorporated Organisalion ICIOI

Low Gillerthwaite Field Centre CIO
Trustees, Annual Report (confftrjued)
Year ended 31 August 2024
Structures govemance and management (contlnuedj
Trustee selection methods including details of any constitutional provisions
Trustees are elected at the Annual General Meeting IAGMI and must be members of LGFC. The charity
allows up to 13 trustees.. 10 elected at the AGM and up to 3 co-opted by the Iruslees.
As of this year, LGFC has 9 trLtslees. Following a vote at the 2023 AGM, the requirement for Honorary
Officers was removed. A trustee volunteers lo chair meetings. and another records minutes.
Policies and procedures adopted for the Induction and tralnlng of tru8tees
Member5 seeking to become trustees require a proposer and seconder at the AGM. Trustees nEel
candidates to discuss their potenh'al contributions. Induction and training processes are eonlinually
reviewed lo ensure readiness for the role.
The charity's or9anisational structure and any wider network with which the charity works
The LGFC Managing Warden is a non-voling committee member. Tru51ees. serving voluntarily, meet
regularty to manage operations, finances. and propety.
Relationship with any related partigs
The Field Centre premises are leased from Forestry England, with whom we maintain regulai contact.
The Decommissioning Alliance ITDAI and Sellafield Legacy Ponds continue to support LGFC,
conlribuling significant funding and resources towards improving facilities and delivering community
initiatives.

Low Gillerthwaite Field Centre CIO
Trustees, Annual Report (confinued)
Year ended 31 August 2024
Objectives and activitles
Sumrnary of the purposes of the charity as set out in Its governing document
Low Gillerthwaile Field Centre {LGFC} promotes outdoor education. nature conservab'on, personal
development for children, young people, and the wider community. Located in the Ennerdale Valley.
LGFC offers residential stays and guided activities like orienteering, pond dipping, team-building
exercises, fostering teamwork and communication in a lechnology-free environment.
This year. LGFC hosted local schools, speclalisl groups like the Cumbria Academy of Autism, and
cornmunity organisalions such as Oullon Rangers and CoGkermoulh Mountsin Rescue. Events like the
Christmas Party for Local Children and Dark Sky Night strengthened community lies and raised
awareness of LGFC'S mission.
Sustainability remains central. with renewable energy sources reducing environmental impact.
alongside enhancements lo the sensory millennium walk and plans for a community allotment. Future
inilialives. including oil painting and storytelling workshops, aim to inspire crealivily and connection with
nature. Volunteers and partnerships. such as those with TDA and the Together For Good plattorm
ITGPI. are essential to LGFC'S success.
Outdoor Education and Development for Schools
LGFC provided outdoor leaining experiences for several local primary schools and specialist groups,
such as the Cumbria Academy of Autism. Activities like orienteering. pond dipping, and team-building
walks helped children build confidence, develop practical skills, and connect with nature.
Residential stays offered a unique, technology-free environment where children worked together,
strengthened communication skills. and developed a sense of responsibility. The updated orienteering
course, developed wtlh Pete Nelson. was a highlight for many schools. aligning with LGFC'5 mission lo
inspire young people in nature conservation and outdoor education.
Community Engagement
We supported local and regional community groups. offering them an a¢ce55ible space for education,
collaboration. and team development. Groups such as Oullon Rangers Youth Rugby League Team.
Search and Rescue Dogs, and Cockermouth Mountain Rescue used the Centre lor residential stays,
allowing them to train and strengthen their operations in a safe, natural setting.
The Centre also strengthened Community connections through events like the Christmas Party for Local
Children, which raised awareness of LGFC'S mission while fostering a sense of belonging within the
local community.
Sustainability in Actlon
LGFC operates sustainably with renewable energy sources, including a hydroelectric scheme, solar
panels, and a biomass boiler. This year, enhancements to the sensory millennium walk and plans for a
community allotment further support mindfulness, conservation, and educational engagement
Future Inltlatlves
LGFC is planning creative activities, including an oil painting workshop and storytelling sessions, to
inspire personal growth and connection with nature. We are also intending on applying for the Learning
Outside the Classroom Award.

Low Gillerthwaite Field Centre CIO
Trustees, Annual Report (continued)
Year ended 31 August 2024
Community Contribution
The annual working week brought together residents and members to improve the Centre, fostering
community collaboration. The TGP ha5 been key lo engaging volunteers and optimising local resources.
Contributions from TDA and SellafieSd Legacy wnds have also supported LGFC'S mission and
programmes this year.
statement confirming whether the trustees have had regard to tho guidance Issued by the
Charity Commission on public benefit
The Trustees have had regard lo the guidance issued by the Charity Commission on public benefit.
Policy on social Investmenl including program related investment
LGFC supported young people and schools this year by providing lesson plans for residential stay5.
guiding activities like orienteering, nature exploration, and team-building to promote leamork and
mindfulness. New initiatives, including an allotment, oil painting workshops. and storytelling sessions,
further support learning, wellbeing, and a connection lo nature.
Contribution made by volunteers
Volunteers have been essential lo LGFC'S progTess this year..
OrienleeAFng Course.. Pete Nelson updated the orienteering course, enhancing outdoor learning for
schools and visitors.
TDA Support.. Volunteers from TDA and Sellafield Legacy Ponds eontributed to infrastructure
maintenance and improvements. They have volunteered well over 1000 hours of volunteer time.,
Community Involvement.. The Working Week saw local residents and members complete tasks such as
tree planting, maintenance. and sensory walk enhancements.
These contributions have strengthened LGFC'S mission, improved facilities, and enriched visitor
experiences.

Low Gillerthwaite Field Centre CIO
Trustees, Annual Report {ct)nllnued)
Year ended 31 August 2024
A¢hievements and performance
This year, LGFC welcomed local primary Schools. Southgate Speclal Needs School, and the Cumbria
Academy of Autism for residential stays. Through ready-to-use lesson plans, schools engaged in
orienteering, pond dipping, nature exploration., fostering teamwork. communication, and a deeper
connection lo nature in a technology-free environment.
The updated orienteering course, developed by Pete Nelson, was a standout feature. alongside nature
trails and self-guided learning plans, aligning with LGFC'S mission to inspire hands-on outdoor learning.
This year, LGFC hosted several university groups, including Leeds University HI1￿81kIng Club,
University of Cumbria, and Cambridge University Hillwalking Club, who ulilised the Centre for residential
stays, outdoor aclivilies, and team-building events.
LGFC'S Working Week brought residents, members together to rnainlain and improve the Cent￿,
strengthening community ties. The Centre also hosted groups such as Oullon Rangers, Search and
Rescue Dogs, and Cockermouth Mountain Rescue, providing space for training and collaboration.
Events including the Christmas Party for Local Children and the Dark Sky Night with Cockemiouth
Astronomers fostered a sense of belonging and curiosity.
LGFC continued enhancing ils sensory millennium walk, promoting mindfvlne5s and mental wellbeing,
while sustaining ils hydroelectric scheme, solar panels, and biomas5 boiler to reduce its environmental
footprint and educate visitors on sustainability.
TGP and TDA volunteer contributions supported initiatives like Wellness Week and Centre
maintenance, enabling LGFC lo deliver on its mission. Over the year TDA and Legacy ponds Sellafield
have contributed over 1000 volunteer hours.
Looking ahead, LGFC plans to launch an allotment, oil painting workshops, and storytelling sessions to
expand creative learning and communty engagement opportunities.
Achievements against obJectlves set
Objective: Increaso Local School Use
Achi&vements." Strengthened Partnerships.. LGFC has built stronger ties with local educational
inslitulions, including several primary schools and Whitehaven Academy, fvrther embedding outdoor
education into their programmes and increasing engagement.
PursuAng National Recognition.. LGFC is activety working towards achieving the Learning Outside the
Classroom award. which will formalise and highlight the Centre's commitment to excellence in outdoor
education.
Educ8tional Offerings." Ready-to-use lesson plans and self-guided activities, along with the updated
orienteering course, pond dipping resources, and nature trails, have enhanced the experience for
visiting schools.
Focus on Outdoor Learning.. Residentials provided a unique opportunity for schools lo promote
teamwork. resilience. and communication in a lechnology-free environment, allowing chIld￿n lo connect
with nature and with each other.
Community Engagement.. Events such as the Christmas Party for Local Children and Dark Sky Night
helped raise awareness of LGFC'S offerings and mission, drawing in more local schools and families.

Low Gillerthwaite Field Centre CIO
Trustees, Annual Report (contlnued)
Year ended 31 August 2024
Sohool Attend8n¢e Growth.. LGFC has experienced a significant increase in school use this year, with
more schools participating in residential stays and educational day trips-a 150% rise in school visits
compared to the previous year.
These efforts demonstrate LGFC'S success in meeting ils objective of increasing school use, furthering
its mission to educate and inspire young people through outdoor experiences and nature conservation.
Perfomiance of fundraising activitles agalnst objectives set
Objective.. Diversify LGFC'S Funding Streams and Strengthen Community Engagement.
Achievements.. Funds Raised.. The Christmas Party for Local Children raised awareness and vital funds
for LGFC'S mission, while increased income from school and community group stays contributed to
sustainability.
PrOfesS￿n81 FundraAsing Support.- This year, LGFC engaged Beware of the Bull to develop fundraising
strategies and identify grants. ensuring the Cenlre's future growth.
Community Aw8reness.- Events like the Dark Sky Night and partnerships with organisalions like the
Decommissionlng Alliance ITDA) highlighted LGFC'S Impact on education, wellbeing, and conservation.
Volunteer Eng8gement.- The TGP has been instrumental in recruiting volunteers and mobilising local
resources to support key actlvitles and initiatives.
Collaborativ8 Contnbutions.. Partnerships with TDA and others have provided financial and in-kind
support.
In summary, LGFC'S efforts to diversify funding and strengthen communty lies have laid the foundation
for future growth and sustainability.
Investment performance agalnst objectives
Objectives Set.. Enhance educational and accommodation facilities. Improve infra5truGture to ensure
visitor safety and well-being. Forge partnerships aligned with LGFC'S mission to supwrt sustainability.
Performance.. Improved Outdoor Leaming Facilities.. The orienteering course was updated with the
expertise of Pete Nelson, creating a more engaging experience for school groups and aligning with
LGFC'S educational mission.
Sensory Walk Enhancements.. Continued development of the sensory millennium walk has provided
visitors with a peaceful. accessible space, promoting mindfulness and mental well-being.
Volunteer Support.. Contributions through the TGP and TDA volunteer hours have supported
infrastructure maintenance and programme delivery.
F8CAlity Maintenance.. Ongoing investments have ensured that LGFC'S facilities remain safe and
welcoming, enabling an increase in school and community group visits this year.
These investments have strengthened LGFC'S offerings, supported its educational mission, and
ensured the Centre remains a valuable resource for the local community and visiting groups.

Low Gillerthwalte Field Centre CIO
Trustees, Annual Report (Ct￿lIn￿￿3
Year ended 31 August 2024
Flnanelal rovl•w
Revlew of the ch4rfty'J flnan¢l41 p055Uon at Iho end of the perlod
During the year total incomlng resource5 amounled lo £121.113, 12023 £75.8801. Reiources expended
In th& year arnounted lo £119,75212023 £112,388). This resLtlled in a surplus for Ihe ye8r of £1,381
12023 defi¢il of £38,508). Unre51ricted funds hav8 increased to £32.5￿[2D23 £31,229) and restricted
funds remaln al Nil12023 £Nill having had no movement in th8 year.
8tatem&nt 8xplaSnlng the pollcy for holding rnserves statlng why they are h•ld
LGFC holds £12.500 in reserves lo cover potential closure costs. Reserve5 were redwd frorn £40,000
last year lo fund lease negoli8lK)n¥, wilh a commitmenl to rebuild them now that the leaso is finalised.
Explanatlon ol any uncertaintles about thg charity continuing as a golng ¢oncorn
With the lease now secured. LGFC has reduced a key uncertainty. However, the r8moval ol Iha RLC
Mou next year creates a gap in Income. To addiess Ihls. trustse5 are pursulng Stralegles such as
incr885ing school booking5. irnproving marketing. and securing additional fundlng through partnershlps
likg TDA and profe8sional SUPPDrt from Bewa￿ of the Bull. While finonelèl pressufes remain, trustee5
are committed to en8uTing LGFC'S suslainabilily through diversified ￿venue 51reams.
The charlty's principal sour¢e$ of funds Ilncluding any fundralslng)
Bednighl lees
-TDA
- Crowd fundTrng
- Feed in taitff
DDn8tions
Investment pollcy and obl8ctlveg Includlng any so¢lal Snvestment policy adOp￿d
LGFC hold5 a savings account lo support long-lerm financial stability. However. no funds have been
added durlng this financ￿1 period, as efforts havè focused on iecouping losses from leg81 negolialions
and securfng the Gharily's fin8n¢ial position.
A descrSptlL)n of the prlnclpal rfsks faclng the charlty
The primary risk is financial 5UStBin8bilily due lo Ihg 1058 of guaranloed irhcome from thr RLC Mou.
Trustees are addressing thls by Increasing bookings and enhancin9 mark&ling efforts.
other risks include rising costs and the polentlal impacl of external 8vants like Covid-19. With the lease
now secured, truslees are focused on éwersifying Income lo ensure LGFC'S long-lemi fulure.
The truslees. annual rgport was approvod on 9 January 2025 and stgned on behalf of the board Lrf
Iruslees by..
Trustee

Low Gillerthwaite Field Centre CIO
Independent Examiner's Report to the Trustees of Low Gillerthwaite Field
Centre CIO
Year ended 31 August 2024
I report to the trustees on my examination of the financial statements of Low Gillerthwaite Field Centre
CIO I'lhe charity'l for the year ended 31 August 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act 20111'lhe Act,).
I report in respect of my examination of the charity's financial statements carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given
by the Charity Commission under section 14515llb} of the Act.
Independent examlner's Statement
I have completed my examination. I confirm that no material matters have come lo my attention in
eonneclion with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the
Acl-, or
the financial statements do not accord with those iecords,. or
the financial statements do not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the account5 give a 'lrue and faiv view which is not a matter
considered as part of an independent examination.
I have no ¢oncerns and have come across no other matters in connection with the examlnation lo which
attention should be drawn in this report in order to enable a proper understanding of the accounts lo be
reached.
Susannah Nixon
Lamont Pridmore Chartered Accountants
Milburn House
3 Oxford Street
Workinglon
Cumbria
CA14 2AL
91h January 2025

Low Gillerthwaite Field Centre CIO
ststement of Financial Activities
Year ended 31 August 2024
2024
Unrestricted
funds Total funds Total funds
2023
Income and endowments
Donations and legacies
Charitable activities
Investment income
Other income
1,245
119,733
135
1.245
119,733
135
10,359
89,452
69
{24,0001
75,880
Total income
121,113
121.113
Expenditure
Expenditure on charitable activities
Total expenditure
119.752
119.752
112,388
119.752
119,752
112,388
Net Incomellexpenditure) and net movement in funds
1.361
1,361
136,5081
Reconclllatlon of funds
Total funds brought fo￿ard as previously reported
Prior year adjustment
Total funds brought forward as restated
Total funds carried forward
31,229
31,229
67,737
31,229
31,229
67,737
32,590
32.590
31,229
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 11 to 18 fomi part of thès¢ finan¢ial $tstomtrnts.

Low Gillerthwalte Field Centre CIO
Statement of Flnan¢lal Posltlon
31 August 2024
2024
2023
Note
Flxed assets
T8￿ible fixed assets
14
8,574
Current assets
DeblDr6
Cash al bonk and in hand
1S
1.203
58.667
58.796
57,870
58.796
Creditors: amount5 14lllng due wlthln one year
Net current assets
7.854
3.S67
50,016
56.5
55,229
55.229
Tot41 assets les$ curient llablll￿e
Cr8ditor8: arnounts falllng due after more than one year
N¢t assets
17
24,000
24.000
32,590
31,229
Fvnd$ of th? charlty
un￿tr￿ted funds
32.59Q
31,229
31,229
Totsl charity fund¥
18
32,590
These financial stalom9nls were approved by the board of trustees and 8UlhC¢i$￿ lor issue on 9
January 2025. and are signad on behalf of Ihé board by..
Trustee
Trustee..
JDH
The notss on pages 11 to 18 fomi part of thes? Ilnanclal stst¢m¢nts.
10

Low Gillerthwaite Field Centre CIO
Notes to the Flnancial Statements
Year ended 31 August 2024
General Informatlon
The chartty is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address of the principal tsffi￿ is Low Gi118rthwaile Field Cenlre, Ennerdale,
Cleator, Cumbria, CA23 3AX.
statement of complian¢e
These financial statements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities
SORP {FRS 10211 and the Charities Act 2011.
Accountlng policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of ￿rtain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entty.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key source5 of gstimation uncertalnty
The preparation of the financial slalements requires the use of eslimales and assumptions that
affect the application of policies and reported amounts of 88sets and Iiabililies, income and
expenses. Any estimate that has a degree of uncertainty orwhere judgement has been exercised
in a particular area is expressly disck)sed within the relevant accounting policy.
Fund accounting
Unrestrictsd funds are available for use at the discretion of the Iruslees to further any of the
charity's purposes.
Designated funds are unreslricled funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are SUbje￿ed to reslriclions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one of￿0 sub-classes.. restricted income funds or endowment
funds.
11

Low Gillerthwaite Field Centre CIO
Notes to the Financlal Statements (contlnu8d)
Year ended 31 August 2024
Accountlng policies (c¢)ntinuedJ
Incomlng resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable that the economic benefits associated wlh the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied lo particular categories of incorne..
incorne from donations or grants is recognised when there is evldence of entitlement to the
gift, receipt is probable and ils amount can be measured reliably.
legacy income is recognised when receipt is probable and enlitlemenl is established.
income from donated goods is measU￿d at the fair value of the goods unless this is
impractical lo measure reliably, in which ease the value is derived from the ¢osl lo the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contr2¢1s for the supply of serviees is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and retumed if unspen( in which case
il may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of financial
tivities to which it relates..
expenditure on raising funds includes the ￿SIS of all fundraising activities, events, non-
haritable trading *ivilies, and the sale of donated goods.
expenditure on charitable activities include5 all costs incurred by a charity in undertaking
activities that further ils charitable aims for the benefit of its beneficiaries, including those
support cost5 and costs relating to the governance of the charity apportioned to Charitable
activities.
other expenditure includes all expenditure that is neither related to raising fvnds for the charity
nor part of its expenditure on ¢haritable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly lo that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially reeorded at cost. and subsequently staled at cost less any accumulated
depreciatson and impairment losses. Any tangible assets carried al revalued amounts are recorded
al the fair value al the date of revaluation less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
12

Low Gillerthwaite Field Centre CIO
Notes to the Financial Statements (conllnuéd)
Year ended 31 August 2024
Accountlng policies f¢ofttinuedJ
Tangible assets f¢onfinuedJ
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains 2nd 105ses, unless il reverses a charge for impairment that has previously been
recognised as expenditure within the slalemenl of financia5 a¢livities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
eX￿p1 lo which it offsets any povious revaluation gain. in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Deprectration
Depreciation is calculated so as lo write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follow5.'
Plant and machinery
15¥0 reducing balance
Impaimient of flxed assets
A review for indicators of Impalrment Is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting dale.
For the purposes of impairment lests'ng. when il is not possible to estimate the recoverable amount
of an individual asset, an e51imale is made of the recoverable amount of the cash-generaling unil
to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash inflows
from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date. allocated to each of the cash-generating units that are expected lo benefit from
the synergies of the combination, ir￿SpectIve of whether other assets or liabilities of the charity
are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a paty lo the
¢onlraclual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected lo be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably. the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impaimenL
13

Low Gillerthwaite Field Centre CIO
Notes to the Financial Statements feonlinued)
Year ended 31 August 2024
Accounting policies (continuedj
Financial instrumonts {c¢)ntlnued)
other financial instruments. including derivatives, are initially recognised al fair value. unless
payment for an asset is deferred beyond normal business terms or financed at a rale of interest
that 15 not a market rate, in which case the asset is measured at the present value of the future
payments discounted al a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured al fair value, with any changes recognlsed
in the statement of financial activities, with the exception of hedging instruments in 8 designated
hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment al the end of each reporting date. If there 15 objective evidence of impairment, an
impaiment Ioss is recognised under the appropriate heading in the statement of financial activities
in which the initial gain was recognised.
For all equity instruments regardless of significance. and other fin8nGial assets that are individually
significant. these are assessed individually for impairment. Other financial assets are either
assessed individually or grouped on the basi5 of similar credit risk characterislios.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Donatlons and legacles
Unreslricled Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donations
Donations
585
585
4,640
4,640
Grants
Grants receivable
5.307
5,307
Subscriptions
Subscriptions
660
660
412
412
1.245
1,245
10,359
10.359
Charitable activities
Unrestricted Total Funds Unrestricted Totsl Funds
Funds
2024
Funds
2023
Sale of goodslservices as part of
direct charitable activities
Forestry England settlement
105,633
14,100
119,733
105.633
14,100
89.452
89,452
119,733
89.452
89,452
14

Low Gillerthwaite Field Centre CIO
Notes to the Financial Statements fcontlnuedj
Year ended 31 August 2024
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest recewable
135
135
69
69
Othei income
Unrestricted Total Funds Unreslricled Total Funds
Funds
2024
Funds
2023
Trustee loans
124,0001
124,000}
Expenditure on charftable actlvities by fund type
Unrestricted
Funds
Restricted Totsl Funds
Funds
2024
Field Centre activities
Support C051s
97,566
22,186
97,566
22,186
119,752
119,752
Unrestricted
Funds
Reslricled Total Funds
Funds
2023
Field Centre activities
Support costs
82.362
29,786
240
82,602
29,786
112,148
240
112,388
Expenditure on charitable activitles by actIV￿ type
Activities
undertaken
directly
Support Total funds
costs
2024
Total fund
2023
Field Centre activities
Governance costs
97,566
97,566
22,186
119,752
82,602
29,786
112,388
22.186
97,566
22.186
10. Net incomel{expendlturel
Net incomellexpenditure) is stated after chargingllcrediling}:
2024
2023
Depreciation of tangible fixed assets
1,160
15

Low Gillerthwaite Field Centre CIO
Notos to the Financial Statements (continued)
Year ended 31 August 2024
11. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
2.960
2,820
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2024
2023
Wages and salaries
31,632
28,828
The average head count of employees during the year was 1 (2023.. 11.
No employee received employee benefits of more than £60.000 during the year {2023'. Nil)-
13. Trustge remuneratlon and expensgs
No remuneiation or other benefits from employment with the charity or a related entity were
received by the trustees.
14. Tanglble flxed assets
Plant and
machinery
Cost
Al 1 September 2023
Addilions
7,734
7,734
At 31 August 2024
Deprecialion
At 1 September 2023
Charge for the year
At31 August 2024
Carrying amount
At 31 August 2024
Al 31 August 2023
1,160
1,160
6.574
15. Debtors
2024
2023
Trade debtors
1,203
16

Low Gillerthwaite Field Centre CIO
Notes to the Financial Statements f¢ontinU￿)
Year ended 31 August 2024
16, Credltors: amounts falling due wlthln one year
2024
2023
Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors
1,700
3,823
566
1,765
3.078
489
7.854
3,567
17. Creditors: amounts falling due after more than one year
2024
2023
Trustee loans
24,000
24,000
18. Analysis of charitable funds
Unrestricted funds
At
Prior year 31 Aug 202
Transfers adjuslmenls
At
1 Sep 2023
Income Expenditure
General funds
Reserve Funds
Tnjstee loan fund
18,729
12,500
121,113
1119.752}
20.090
12.500
31,229
121,113
{119.7521
32,590
At
Prior year 31 Aug 202
Transfers adjuslmenls
Al
1 Sep 2022
Income Expenditure
General funds
Reserve Funds
Trustee loan fund
3,070
40,000
24,000
75,880
{112.148}
27,550
127,5001
24.377
18,729
12,500
124,000)
377
67.070
75,880
(112,1481
50
31.229
17

Low Gillerthwaite Field Centre CIO
Notes to the Financial Statements fcontinued)
Year ended 31 August 2024
18. Analysis of charitable funds (eofft>tinuedJ
Restricted funds
At
Prior year 31 Aug 202
Transfers adjustments
At
1 Sep 2023
Income Expendituro
Reslricled Fund
At
Prior year 31 Aug 202
Transfers adjuslmenls
Al
1 Sep 2022
Income Expenditure
Restricted Fund
667
12401
1501
1377}
19. Analysls of net assets between funds
Unre5tricled Total Funds
Funds
2024
Tangible fixed assets
Current assets
C￿dItorS less than 1 year
Creditors greater than 1 year
Net assets
6,574
57,870
17.854}
{24.0001
32,590
6.574
57,870
{7.8541
124.0001
32,590
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
58.796
{3,5671
124,0001
31,229
58,796
13,5671
124,000}
31,229
18

Low Gillerthwaite Field Centre CIO
Management Information
Year ended 31 August 2024
Thg following pages do not form part of the financial statements.
19

Low Gillerthwaite Field Centre CIO
Detailod Statement of Financial Activities
Year ended 31 August 2024
2024
2023
Income and endowments
Donations and legacies
Donations
Grants receivable
Subscriptions
585
4,640
5,307
412
660
1.245
10,359
Charitable activities
Sale of goodslservices as part of direct charitable activities
Forestry England settlement
105,633
14,100
89.452
119,733
89,452
Investment income
Bank interest receivable
135
69
Other inGome
Trustee loans {being prior year correction of incorrect accounting
Ireatmenti
124,000)
Total income
121,113
75.880
Expenditure
Expenditure on charitable activities
Wages and salaries
Rent
Rates and water
Light and heat
Repairs and maintenance
Insurance
General consumables
Fuel for generator
Generator hire
Web511e and sofvare costs
Legal and professional fees
Telephone
Administrative expenses
Depreciation
Advertising
31,632
200
2.884
12.916
16.539
6.496
4.184
11,078
4,292
563
22,186
2,139
3,240
1,160
243
28.828
200
1,738
8,931
17,650
2,563
7,239
6,943
3,024
334
30,896
1.352
2.447
243
119,752
112,388
Total expenditure
119,752
112,388
Net incomel(expenditure}
1,361
136,508}
20

Low Gillerthwaite Field Centre CIO
Notes to the Detailed Statement of Financial Activities
Year ended 31 August 2024
2024
2023
Expendrturg on charitable actlvltles
Field Centre activities
Activities undertaken directly
Wages and salaries
Rent
Rates and water
Light and heat
Repairs and maintenance
Insurance
General consurnables
Fuel for generator
Generator hire
Website and SOf￿are costs
Legal and professional fees
Telephone
Administrative expenses
Depreciation
Advertising
31.632
200
2,884
12,916
16,539
6,496
4,184
11,078
4.292
563
28,828
200
1.738
8.931
17.650
2,563
7,239
6,943
3,024
334
1,110
1,352
2.447
2,139
3.240
1,160
243
243
97,566
82.602
Governance costs
Accountsncy fees
Legal and other professional fees
4,286
17.900
2,820
26,966
22,186
29,786
Expenditure on charltable activities
119,752
112,388
21