Charity registrdtion number.. 1190650 Little Parc Owles Trust Annual Report and Financial Ststements for the Year Ended i l August 2025 D.J. tieynolds & Co 15 Alverton Street PenL3nce Cornwall TR182QP
Little Pare Owles Trust Contents (continued) Reference and Administralive Details TTUStees' Report 2to3 Ststement of Trustees. Responsibiliiies Independent Examinels Report Statement of Financial Aclivities Balance Sheet Notes to the Financial Statements 8t0 17
Little Parc Owles Trust Reference and Administrative Details Chairman Jan Elizabeih Bright Tru$t¢¢s Jan Elizabeth Bright Siephen Kevin Whitehouse Peter ClouJts Michael Edward Gaca iATrui%e Jane Connell Robert Andrew M¢K¢llar Barbara Mary Kirk Maria Le7anne Whstehowe Charity RegistratioTh Number 1190650 PriNeipal Office Unit 7, Planiaiion Store Foundry L Havle Comwall TR27 4HD Independent Examiner Constantine Hadji-Argyris Chartered Accountatrt D.J. Re)Trolds & Co 15 Alverton Strtti PenL3nce Cornwall TR182QP CVC Solicitor5 Questhiap Business Park Pinou Way Long Rock Cornwall TR20 8AS Solicitors Pase I
Little Parc Owle5 Trust Tntee5, Report The ttustees preseDt the annual reiy)rt together with the fjnancial stateTnents of th¢ chariiy for the year ended 31 August 2025. Objectives and activities Publie benefit Cornwall has a rich and engaging hhstory of art and artistK and 1$ a creative hub for ao design and artistic prdctice today. The main activity to fier our puttK)se has been to support projects and events for public benefit that explore art. artists and design with links io this heritsge and curre¢1 practices in Cornwall. The trustees confTh thai they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the Public Benefit guidance pthblished by the Charity Commission for England and Wales. Stru¢turt gowernance management Nature of governing document Th¢ Trust was r¢gistercd 3s a Charithle Incorwdttd (hganisation (CIO - Nol190650) in 2020 and hence has a constitution. The only persons eligible to be membeTS of the CIO are its chariiy Trnstees. and any Tnember and charity trustee who CeS to be a charity trustee autOml¢allY ceaw th be a member of the CIO. The Board has the power to appoini additional trustees as it considers fit to do so. Alihough specific rraining is required for trustee5. the CIO constitution, latest Annua] Report and Statement of Accounts ate made available, and they ar¢ madc aware of the useful guidan¢¢ offered by the Charity Commission and other5. Policy decision5 aTe made by the Board at regular meetings. Finantil instrurnents Objeciives and policics The charity's activities expose it to a number of financial risks including credii risL flow risk and liquidiry risk. The use of fjnaneial derivatives hs uovemed bv the charity"s lICIeS approved by the board of trustees, which provide written principles on the use of firicial derivatives to manage these risks. The charity does not use derivativt financial instruTnents for speCul1ve purposes. Cash now risk The charity's activities expose it primarily to the financial risks of changes In foreign currency exchanoe rates and interest rates. The charity uses foreign exchange f(brward contracs and interest rate swap contracts to hedge these exposures_ Intrrest bearkng assets and liabilities are held at re rate to ensure certainty of flows. Credit risk The charsty's priTbcipal financial assets are bank balance5 and cash. trade and other receivables. and investments. The Charity's credit risk is primarily attributsble to its trade receivables. The amounts pie5ented in the balance sheei are net of allowances for doubtful teceivables. An allowance for impaimitnt Ès nde where ihere is an idenlilied loss event which. based on previo experience. i5 ¢vidence of a reduaion in the Fecoverability of the cash flows. The credit risk on liqllid fid5 and derivaiive financtal instruments is limited because the counterparties are banks wilh high credit-ratings asSI¢d by international credit-rdtin8 agencies. The charity has no 5ignifi¢ani concentrdtion of tredit risK with exposure spread over a laT8e number of counierparties and cusiomers. Page 2
Little Pgrc Owles Trust TrusÉee5' Report (Continued) Liquiditv risk In ordcT IO tnaintairs liquidity to eTt5ure suifictefti fund% a available for ongosng operations and futurc development5. th¢ charity uses a mixture of long-terni aNI short-temi deposits and ini'e%imtnls. The annual r¢port was approved by ihc trusleLs of the charity on Iql&i.194nd signed on it5 behalf by: F.1 /alth B ht chaTman and trusÈcc Barbara Mary Kirk Tru51ee Page 3
Little Pare Owle5 Trust Statement of Trustees. Responsibilities The trustec5 are responsible for preparit)g the trU¢c5, rcport and the fi1315181cMeTrts in accordallcc thc United Kingdom Accouniing Stan(tsri15' (Uniicd Kin¥dum Gencrally Accepled Accounting Practice) aTMI applicable law. and iegulatioTrs_ Thc law applicablc 10 charities requirts Ihc IleL% io prtparc rtnancial statcmcnts for each fillaDciBI year wbiLh i'e a true and fair vicw of the sthie of affairs of thc chariry and of (he intominE rc4)UTC¢5 and application of Tesources of the Charity foT that period. prcparinu thes¢ fipancÈal siatemenw th¢ tru5ttes are requÈred to.. SLlcet suitahlt ace()Ullling policie5 and Ihen apply them consisiently- ob5LYkL thc tnith(S arxj ptinciples ill thc Clwiiies SORP: make judgements and estitnate5 that are reasoEJable and prude ssaie N'hcther applicablc accounting Snd% have followrd. subject io any matthal departure8 disclosed attd ¢xplaukd in the f]Dallcia] staieineiits: and prcparc thc filnCIal statements on the goip)g cortttrn b#sis unlS it is inappropT]4te to presume that the chariry will continue in business. The Irltee5 are responsible for kLyJing proper accountiog recoids thai disrlosc with rca50nable 2c£uracv at any lirne the fiTrancial position of the ehartty and enable th¢Tll to ensure that the financial staieTh¢nts comply with IhL ChJrities ALt ?01 l. the Clwities (Accoullts aThJ Rcpons) Rcgulatiolls ?008. and the pro%'isiotts uf thc constitution. Thi truslccs aTe also responsible for 5af¢guardÈng Ihc asscts of the thattty and hence for tsking reasonable step5 foi the prei'ention and deteciion of fraud and other Ineqilarilies. ThL tnistccs arc rcsponsiblc for ihe mlnIC0nic Inligrily of Ihe coo)ordie and financial informlllion included ott the chantabl¢ company's wcbsitc. Lcgislaiion govcmiThg thc PTcparation and dissemination of tinancial statements rnay differ from lewslation in other Jurisdi¢)¥ Approved by the tnLaees of the chkrity on .... . arKi signed on its behalf by: Jan Eli7.abcih Br ht Chaimwn and twsfre Barb¢ira Mary Kirk Ttustcc Page 4
Little Parc Owles Trust Ind¢p¢ndent Examiner's Report to the trustees of Little Pare Owles Trust I report to the trustee5 (Fn my exan]ination of the accounts of Littk Pa Owles Tnt for the year ended 31 August 2025. Responsibilitkes and basis of report As the charity tte¢S of Lillle Parc Owles TnFst you are responsibl¢ for the preparation of the ac¢ounts in accordance with the requirelnents of the Chariiie5 Act 2011 ('the A¢t'). I report in respe¢¢ of my exalninaiion of the Little Parc Owles TntS a¢counts carried out under section 145 of the 2011 Aci and in carrytns out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5Mb) of the ACL Independent examiner's statetlltnt I have ¢ompleÈed my extmination. I confirni that no material rnatters have come to my attention in coDnection with the exatnination giYÈng Tne cause to believe that in any ma(erial respecl.. l. accountin(F records w¢re noi kept in respttt of Little Parc Owle5 Trust as required by section 130 of the 2. the accounts do not accord with those records. or 3. the accounts do not comply with the a¢¢ountin8 rtquirements concerning the fortn and Content of accounts s¢t out in the Charilies (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a -trne and fair view which is not a matter considered as part of an independent examination. I hav¢ no concerns and have come across no other matters in connedion with the examination to which attentio should be drawn in this report order to enable a proper understsnding of the accounts to be reached. Conbianiine Hadji-Argytis Chartered Accountsnt l.C.A.E.W. D.J. ReoldS & Co 15 Alverton Street Penzance Cornwall TRI8 2QP Date..
Little Parc Owles Trust Statement of Financial Aetivities for the Year Ended 31 August 2025 Unrestricted funds Total 2025 Note Income and EndOTrvMets from: Investsnent in¢ome Oiher income 78,337 24,548 24,548 Total income 102,885 102,885 Expenditurt Oli- Rai5ino funds Charitable a¢iivities (77,334) (31,589) (77,334) (il,589} Total expenditure GaInO$Se8 on investmeni assets (108,92J) 115.279 (108,92J) 115,279 Net income 109,241 109.241 Net movement in ndS 109.241 109.241 Reeoneiliation of funds Total funds brought fonvard 5,779,685 5.779.085 TotAI fijnds carried forward 18 5.888.926 Uthrestrieted funds 5,888,926 Total 2024 Note Ineome and EndowmeDts fro. Donations and legacies Investment income 5,025.620 10,856 3.195 5,025.620 10,856 3,195 (hher income Toral income 5,039.671 5,OJ9,671 Expenditure on- R3isino funds Chatkiable activities (15.168) (17.330) (15,1681 (17,3JOI Total expenditure Gains1105se5 investment J2:498) 740,6J8 {32:498) 740.638 Nei income 5.747,811 5.747.81 Nei movement in fi]nds 5,747,811 5,747,811 Reeoneiliation of fund5 Toial funds brought forward 31,874 31,874 Totsl fvnds carried fonvard 18 5.779.685 5,779.685 All of the charity'5 activities derive from continuing operdtions during the above two periiKIs. The funds breakdown for 2024 is shown in note l 8. The notes on paoes 8 to 17 fortn an integrnl pan of these financial swements. Pase 6
Little Pgrc Owles Trust
(Registration number: 1190650)
Ba13nce Sheet as at 31 August 2025
2024
FFxed asset5
Tangible a
Little P2re Owles Trnst Notes to the Financial Slatements for Ihe Year Ended 31 August 2025 l Accounting policies Statement tsf Compliance Th¢ financial 5tat¢mcnts have been Prepar in a¢¢ordance with the second edition of the Charities Statement of Recommended Pra¢ti¢e issue<l in October 2019. the Financial Reporting Stsndard applicable in the Ullited Kin¥dorn and Republic of Ireland (FRS 102) and ihe Chariiies Act 2011. Basis of preparation Little Parc Owles Trusi meets the definition of a public benefit enlity under FRS 102. The aecounts (financial statements) have been prepared under the historical cost eonveniion with iiems recognised at cost or transaction value unless otherwise Stated in the relevani note(s) io these accounts. The presentational currency in these financial statelnents is GB undS sterlin& Going concern The iTU51ees consider there are no material uncertainties about the Charity's ability to continue as a going contem. Income and endowrnentS Voluniary incomc illcluding donations. gifts. leoaci¢5 and provide core fimding or of a general nature is recogni5ed wh¢n the charity has entitl¢m¢nt to the incolne. it is probable that th¢ income will be received and the amount can be tnta5ured with suifJcieDI reliability. Donations 2nd legacies Donations and legacies are recognised on a receivable basis when receipt is probable ond the amount can be reliably measured. liiveslmenl income Dividends are re¢ognised once the dividend has been declattd and notification has been received of the dividend due. Exnditure All expeDditure is reco ised once there is a legal or cotLstructive obligation to thai expenditure, ht is probable settlement is required and ihe amount can be rne&Sud reliably. All Costs are allocated to the applicable expenditure heading that aggregate similar costs to that ¢ategory_ Where costs cannot be directly aiiribuied io particular headinJ(F they have been allocated on a basis consistent with the use of resourees, wilh central staff costs alloc&ttd on the basis of time spent, and depCIall0n charges a]locaied on th¢ portion of the asset's use. Other support Costs are allocated b&sed on the spr¢ad of staff costs. Raising funds These are cosis Incued Èn attracting voluntary income. the manageTnent of investments and those Incued in tTading &iivities thal raise funds. Charitable activities Charitable expenditure COTnprises those costs in¢urred by the charity in the delivery of its activities and services for Its beneficiaries. It includes both costs that can be allocated dirtttly to such activitie5 2nd those costs of an indirect nature nece55ary to support them. Pag¢ 8
Little Parc Owles Trust Notes to Ihe Financial Statements for the Year Ended 31 August 2025 (¢ontinu¢d) Grant provisions Provision5 for grants are made when the intentkon to a grdnt has been communicated to the recipieni but there is UDcertainty alK)ui ei(her the timing of the wt orthe amount of grant paydble. Support costs Support cosls include central functions and have been alkKated to activity cost c4tegories on a basis consistent with the use of r¢sources, for txample, allotin2 pfoTty costs by floor are4 or per capit4 staff costs by the time spenr and other costs by their we. GovernaDc¢ costs These iftclude th¢ c05ts attributable to the charity's compliance WTth Constitutional and ststutory requirements, Includin audit, strategic management and trustees meetings and reirnbursed expen5e5. Taxation The Chariry is considered to pass the tests set out in Parngraph I Schedule 6 of the Finanee Act 2010 and thereforc it meets the definition of a charitable cornpany for UK corporation tax purposes. Accordingly. the chartty is potentially exempt froTn taxation in respect of in¢ome or capital gain5 received within categories covered by Chapter 3 Part I l of the Corpordtion Tax Act 2010 or Section 256 of the Taxation of Ch8rgeable Gains Act 1992, to the extent that such tncome or gains are applied exclusively to chaTltable purposes. Tangible fixed assets Individual fixed assets initially recorded at C054 1¢$$ any subsequent ¢MUlated depreciation and subsequent accumulated impairnien¢ losses. Heritage asset5 To meet the requirements of the SORP, disclose the policy for acquisition. preservation. management and disposal of heritage assets. Herirage assets are capitslised ai c05t or market value ai the date of transfer. The value of the heritatse assets is reviewed periodically and adjustments for impairnieni are made a5 necessary. Any heTitdge asseis 3re held by the charit), to advance the culiurnl. preservation and education objectives of the charity. A list of artwork held as heritage assets is maintained by the Trustees. Fixed asset tnvestments Fixed asset invesiments, other than progrnnme related investments. are included market value at the balance sheei date. Realised gains and 1055es on invesiments are calculated as the difference between sales proceeds and Iheir market value ai the start of the year. or iheir subsequent C05¥ and are Charged or credited to the Statetnent of Financial Activities in the period of disposal. Unrealised gains and Ii)sses represent the movement in Market values during the year and are credited or charged 10 the Ststement of Financial Activities based on the matket value at the year end. Pase 9
Little Parc Owles Trust Notes to the Financial Ststements for the Year Ended 31 August 2025 (continued) Trade debtors Trade debiors are aOUnts due from custorners for merchandise sold or services perfomied in th¢ ordinary course of busincss. Trade debtors are recognised initially at the tsxnsaction price. They are subsequently Mllred at amortised cost using the effective interes( method. less provision for impaiTment. A provision for the impairnient of trade debtors Is established when there is objective evidence that the charity will not be able to colleci all amounts due according to the original ternL% olihe receivables. C2$h #nd cash equivalents Cash and cash equivalents comprise cash on hand and call deposits. and other short-Éerni highly liquid investment5 thai are readily conveTtible io a known alnount of cash and are subject to an Énsignificant risk of change in value. Fllnd structure Unrestricted income funds are general funds that are avdilable for use at th¢ lrnstees discretion in furtherance of the objecttves of the charity. Finanei¥l inStrMeNtS Classificatio Financial assets and finan¢ial liabiliites are recognised when the charity becomes a party to ihe contractual provisi011s of the instrument. Financial liabilities and equity insmiments are classified ac¢ording to the substance of the contractual arranuetnents tntered into. An equity instrument is any contract that evidences a residual interesi in the assets of the charity after deducting all of its liabilities_ Recognition and meAsureeNt All financial assets and liabilities are initially rTKasured at rransaction price {including tsansa¢tion costs), ¢xcept ror those fsnancial asseis classifi¢d a5 at fair value through profit or 1055. which are iniiiall). Ineasured at fair value (which is noTmally the transaction price exeluding transaction ¢tssts). unless the arrangeTnent eonsiitutes a financing iiansaciton. If arrangement con5titute5 a financing tyansaction, the finanetal assei or financial liability ig measured at the pregeni value of the fuwre payments discounted al a market rate of interest for a similar debt instrum¢nt. Financial assets and liabilities are only offset in the strtemeni of financial wsition when, and only when ihere exisis a legally enforceable right to set off the recognised amounts and the charity intends either to Settle on a nei basis. OT to realise ihe asKt and Settle the liability simultalheously. Financial assets are derecognised when and only when a) the conttactual rights to the c&h flows frotn the rinancial att expire or are settled. b) the charity transfeTS to artother party substantially all of the risks and rewards of own¢rship of the financial &sset, or c) Ihe charity, despite havillts retsined some, but not all, siJo ilicani risks and rewards of ownership. h&s transferred control of the asset to another party. Financial liabilities are derecognised onl) when the obligation specified in the tontract is discharged, cancelled or expires. Page 10
Little Pgr¢ Owles Trust Notes to the Finaneial Stalemenls for the Year Ended 31 August 2025 (contillued) InvestTNents Inyesttnenis in non-convertible preference shares aNI non-puttable OTdinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fa value through profil or loss. Where fair value cannot be measured Teliably, investments are measured at cost less impairmenL Fair value MvasureMet The best evidence of fair value is a quoied price for an identical &8set in an active markeL Wh¢n quoted prices are unavailable, the price of a receni irdnsaciion for an identical asset provide5 evidence of fair value a5 long as there has noi been a significani change in Cconornic Circumsrances or a si]fiCant lapse of time since the transaction t4x)k place. If the markei is not active and re¢eni transauions of an identical asset on their own are not a oood esiimat¢ of faiT value. the fair value is estimated by using a valuation technique. 2 Income from donattons and leg*eies Unre5trieted funds General Total funds Tot81 for 2025 Totsl for 2024 5,025.620 5,025,620 3 Investment iNeome Unrestricted funds Getheral Total 2025 Interesi receivable and Ssmilar income- Interest receivable on bank deposits Other investment income 4.779 73,)58 4,779 73.558 78.)37 76.3i7 Unrestricted fund5 Genenl Total 2024 Interest receivable and similar income- Interest receivable on bank deposits Other investment income 1,682 9,174 1,682 9,174 10,856 10,856
Little Parc Owles Trnst Notes to the Finan¢ixl Statements lor the Year Ended 31 August 2025 (continued) 4 Other income Unrestricted funds General Tolal fund5 Rental income 24.548 24.548 Total for 2025 24,548 24,548 Total for 2024 2,595 2,595 Page 12
Little Parc Owles Trust Notes to the FAnancig1 Statements for the Year Ended 31 August 2025 (eontinued) 5 Expenditure on raising fndS a) Investment management costs Unreslricted fulld5 General Total fund5 Note Other investment manaotment costs. Costs of rent collection Propety repairs Allocated support costs 3.365 31,244 42,725 3.365 31,244 42.725 Total for 2025 77.334 77,334 Total for 2024 15.168 15,168 Total Costs 6 ExpeDditure on tbaritable activities Unrestricted runds General Total rund$ Note Grant funding of activitie5 GovetTrance costs 8,200 23.389 8,200 23,389 Toial for 2112S il.589 Total for 2024 17,330 17,330
Little Pare Owles Trnst Notes to the Financial Statements for the Year Endcd 31 August 202) (continued) 7 Anxlysis of governance gnd sUPPOrt eosts Governance costs Uttrttlrts¢ted funds GeNerxl Total runds Audit fees Audit of the financial slat¢ments Other govemance costs 3.000 20.389 20,)89 Total for 2025 23.369 Total for 2024 11,440 11,440 8 Net incomRngloutgoing rLsources Nei (outgoingyincoming resources for the year include". 2025 2024 Audii fees i.000 9,000 9 Trustees remunerdtion expenses No trusiees. nor any r505 connected with them, have received any remunerdtion from the charity during the year. Pats¢ 14
Little Parc Owles Trust Notes to the Financial Statements for the Year Ended 31 August 2025 {con¢inued) 10 Auditors, remuDeratioD Audit fees represent the fees for the audit of the aCCots for the year ended 31 August 2024. I l Taxatto The charity is a regislerrd charity at)d is therefore exempt from taxation. 12 Tangibl¢ fixed x55ets Investment properties Total Cost At I September 2024 At i l August 2025 2,600,000 2,600,000 2,600.000 2,600.000 Depreci8tio At 3 l August 2025 Net book value Ai J l August 2025 2.600,000 2,600.000 Ai 31 August 2024 2,600.(M)O 2,600,000 13 Heritage a55ets Other heritage asset Total Cost At I Septemb¢r 2024 Additiojis Disposals 169.660 169,660 857,000 857,(K)O 48,464) (48,464} At i l August 2025 978,196 978.196 Depreciatio At 31 August 2025 Net book valu¢ At 31 August 2025 978,196 978.196 P¢ IS
Little Pare Owles Trust Notes to the Finan¢i81 Stateents for the Year Ended 31 August 2025 (continued) 14 Fixed 4s$et investmeDts 2025 2024 Other investments 2.173,710 2.OOi,162 Other investments Listed iNve51meAts Total Cost or Valuatio At I September 2024 Revaluation Addition5 2.003.162 115.278 55,270 2.003,162 115.278 55.270 At 31 August 2025 2.173,710 2,17J,7I0 Nel book v21ue At i l August 2025 At i l August 2024 2.17i.710 2,173,710 2.003.162 2,003.162 IS Debtors 2025 2024 Prepayments Other debtors 2,425 25,500 882,500 27.925 882,500 16 Cash and eash eqllivalents 2025 2024 Cash at bank 122.625 134.143 17 Creditor5: amounts falling due within one year 2025 2024 Accruals li.530 9.780 Pag¢ 16
Little Parc Owles Trust Notes to the Financial Ststemenls for the Yegr Ellded 31 August 2025 (continued) 18 FUd$ Balance ai I September 2024 Other recogThistd gal5/(10$5eS> Balance al 31 August 2025 Ineoming resources Resources expended Unrestri¢ted funds General 5.779,685 102,885 (108,923) 15,279 5.888,926 Balance at I Septernber 2023 Other reeognised g2insl(losse5) Balxnce at 31 August 2024 Ineoming resourees Resources expended Unrestricted funds General 31.874 5,039.671 {i2,498) 740,638 5,779,685 19 Analysis of net assets between funds Unrestricted funds General Total futhds al 31 August 2025 Tangible fixed as5Cts Heritage assets Fixed asset snvestments cuent as5et5 Current liabilities 2,600,0(M) 978.196 2,173,710 150,550 (13.5301 2.600.000 978.196 2.173.710 150.550 11 J,530) Total net assets 5,888,926 5_888,926 Unrestricted fuRds Gcnernl Total funds at 31 August 2024 Tan(Tible fixed assets Heritage assets Fixed asset inyesunents Current assets Current liabilities 2.600,000 169,660 2.003,162 1.016.643 {9,780) 2,600,0(M) 169,660 2,OOJ,162 ,016,643 (9,780) Total net a55ets 5.779.685 5.779,685 20 Rcl#t¢d party tra5ctiOnS There were no related party transactions in the yeaT.
Little Pare Owles Trust Statement of Financial Activilies by fund for the Year Ended 31 August 2025 Total Total Unre5trirted Unre$tri¢ted Funds Fund5 2025 2024 Intotne Endowments frorn- Donations and legacies Investtnent income Other ineome 5,025,620 10,856 i,195 24.548 Total income 102.885 5.0)9.671 Expenditure on: Raisin funds Charibibl¢ activities (77,334) (J 1,589) (15,168} 17,330) Total expenditure Gainsllosses on invesiment assets (108,923) 115,279 (32.498) 740,638 Nei income 109241 5,747,811 N¢t tnovemeni in funds 109,241 5,747,811 Reconciliation of funds Total funds broughi forward 5,779,685 il,874 Total funds Caled fonvard 5,888,926 5,779.685 This page does not fiTrTm part of the stswtory financial 5taternents. Page 18
Little Parc Owle5 Trust Delailed Stat¢ment of Financial Activiti&s for tbe Year Ended 31 August 2025 Total 2025 Total 2024 Donalion.f legdcies Legacies and beque51s DonatiOTtS 5.025,570 50 5,025.620 Iiivesimenl income Interest orj cash deposits Income from investTnenis 4.779 1.682 9,174 78,ii7 10,856 O¢her income Rental incom¢ Other income 24.548 2,595 600 24.548 3,195 Rai5ingfuftds Pmperty managetnent charges Repairs ts) rental properties Reni of storage facilities Secr¢larial expenses Accountancy fees Auctioneers, fees Legal and professional fees Bank charges (3,365) (31.244) (22,240} (82) (J,468) (J,498) (li,377) (60) (249) {301) (882) (13,646) 190) (77,J34 (15,168) Chariitsble octivilies Grant5 payable - in5thlutions Rent of premises Rates and water LiJt, heat and power Insurance Site mainienance Repair5 and renewals Telephone and intern Cost of trustee meetings The audit of the chariws annual accouDts {8.200) (3.142) (4.180) {249} (1.827) (5.197) (4,836) (247) (7111 {i,000) (31,589) (5,890) (43) (691 (1,906) (32) {390) (9,000) (17,3JO) This page doe5 not fonn part of the mnrtory financial statements. Pase 19
Little Parc Owles Trust Detailed Statemellt of Finaneial Aetivilies lor Ihe Year Ended 31 August 2025 {continued) Total 202) Total 2024 Gain5/105ses on invesimepli assets ProfitJ'(loss) on sale of tsngible fixed assets held for charttys use Increase/{decrease) in value of investments (4,4231 745.061 115,279 This page do¢s not form part of the ststutory financial %wements. Pagt 20