REGISTERED CHARrrY NUMBER: 1198212 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR THE SUSSEX couKfRYSIDE sfuDIES Trusr Fowkn LLP rtered Acc(xJntants pavili￿ Vie 19 New Road Brighton East BNI IEY THE WEST SUSSEX COUNTRY51DE StUDIES TRUST CONTEFifs OF THE FINANCIAL STATEMErirs FOR THE YEAR ENDED 31 DECEMBER 2024 Report of the TTh￿t Independent Exarniner's Rep)rt statement of Financial Activities Balance Sheet Notes to the Finanaal Statements 10 to 14 THE WEST SUSSEX COUNTRYSIDE sniDIES TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 31 DECEMBER 2024 trustees prewt thar retM)rt ￿th the finarKwl staterYEnts of the charity for the year w)ded 31 December 2024. The trustees have aibpt&J the provisons of Accwnbn9 a￿] Rewrting iry Chafioes,. Statement of Recommendej Practi applicab￿ to Charit￿9 Pre￿ring accounts in ￿>rdance th Ihe FinarM&II Rep(Mts"ng stsThIa￿ appI￿able in the UK nd Republic of Ireknd {FRS 102) (effe(bve l January 2019) chario￿ Act 2011. The West Sussex Countryside Stud￿$ Tiust trade5 as the EdUCali￿ Trust. OBJECtr4lES AND ACTivrtIES Objectives and aims The obiectwes of the Trust are to provhle faolitieg for and to ajminstw resKlenbal and rK)n-residential cours£5 in environmental studies for persons of all backgrounds and from all parts of the United knngdom, ￿th a wew to advancing uc3tion iri and prornoting 3war8)ess of the natural environma)t th) such Fwsors, and to tyornote research into the furtkErance of environrrEntal studie5 in the Unitd ￿ngth)m. Achieving these objecDve5 ensures that the Trust continues to ddw on Its pin￿ry charitable ob)￿tnie of ￿0￿dIng facilitEs for and deltverirvj high quality enwronrnentsl ￿luCational vists to sthcx)b and colleges and othw grou[￿, iKluding those wl¥) have already ￿sited arxl setti Founded by the 10th Duke of RKhmond in 1976, the EducatK>n Trust has provKled outiknr leaming oppx)rtunities to chiklren and young pelv￿ for alnM)st 50 years. The Trust is an irMler*ndent a)aritsble Incorwrated Oiganisation (registe￿d with the Charity Commssk)n 1198212), irs￿rir￿j a k)ve of (xrtik)or leaming and nature with chiklren and y(MJrvJ peo￿e. The Trust offers chikjren and young a war#Je of W￿￿ks￿￿. ￿gag￿n￿t artmties atKI practical harids-on experient¢%. Drawing on the unKiue b%%)odland and fam) h¥e at lknjWfy￿. the three ain￿ of the Trust are.. Farm Visits for Schtx)Is, includityj fv* visits for disadvant￿ Schw￿,. W(K)dland learnin9, induding wee￿Y Forest Sch(KJl for vulneral￿e stUd￿ts, Ind￿lIng tIY)5e in Altemative Provisi or Special Schools,. and Children in the Communty, w(K)dLind aCtiwts￿. WKJudiNJ partn￿thips wth k(al tha￿eS ènd Forest AdV￿tureS through schcol holidays, pariKularty for tIK)se on kw4 inwrrEs. The Trust s based in See* Copse - an 8-hertare remnant of ￿l-an[]ent w0¢￿￿7nd devotal ents.rely to education. The purw6e built accessib￿ Ed￿at1)n Centre ￿ the nTh)st wsiainatAe txjilding on the Estate. ActiV￿e$ take In the woodland and on t￿ lami. The Trust welcomes sch(x)Is from across West Sussex and East Hampthire, indudiry P(thouth and &)srxrt. Week Forest Sthool and the Child￿n,$ community progrnmme serye those ge(KJrathKalty C￿ser, where dear is idenbfied. Funding is priOrit￿d for tmse from undThv&J ar The short-term objLdNes for the Trust are to.. - Understand and, where tx>ssible, ￿ld￿&S barriers to participalKJn. - Widen extema1 partnerships to extend the environff*ntal eJLKational opp)rtunit*es offered by the Tn - Grow extwnal to support disa{fvanta￿ children in W&t SusseL pa￿"c￿ladY those not in mainstream educational settirvjs. Social investments The Trust (k)es not undertake SIK￿1 inv6tment aThJ st is a mtsial part of the charitable ￿tIvit￿5. Grantmaking The Trust does not urKJertake grant tnaknng is not a material part of the tharit* ￿t￿ltieS. Volunteers We have 4 volunteers who Supp￿ ddwery of (Mjr weekty FC￿eSt grouF6. THE WEsf SUSSEX COUNTRYSIDE STUDIES TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENTS AND PERFORMANCE Charitable zctivitses Farm Wisits Children frorn primary and 5ecoNJary Str￿15 Sp￿ time on the fami to kam about where their food comes from, to make the connechon ￿tween what we grow and what tw eaL to u￿e[stand the b￿erits ol farming In a sustainable way. Schoots from underserved areas are offwed a fr* dass trip, with subgdies for coath travd availatle, as this is a swnificant barrier to acc￿￿ (xrt(k¥Jr knming e¥FtrI￿￿eS. In 2024, 1,959 children Msted HorrE Farni for an educational exw"ence. O¥Er 20% of the pupils were eligible for Free School Meals aNJ 17010 had &Eoal Eilucational Neets. the 1,959 d)iklra), 949 chIld￿n came on a f￿e trip, from schods in disathantsged areas, with high nurntErs of (hildren digIb￿ ￿ Free Meals, children with Swial Educational Needs, and children ErKJlEkn as an A(kJilKJnal Lar¥ju￿. Of t1￿ 949, 32% wEre eligi￿e for Free School Meals while 28% had Sp￿1 Educabonal Ne*. For comparison, the dHJibilty for Free khLK)l Meats in West Sus*x is 15.2%, while across Hampshire ivs 18.4%, so shows we are realfy reaching the children fcrf whom ts wiu make the t*Jg& differen￿. 299 Childr￿ b￿erItte￿ from suprorted coach travel. The Swth Downs Nab"(M)al Park aAxothJ to farm in t￿1r Dixow Ixjwns inibalive, as part of a wthr national progromme 'Generatioll 2., to connect uThJetseryed ccvnmuNtie5 with nature. We've been ddighted to ddiver additional farm visits to ￿hty)L% v4ith t11￿1 Pranium highw than 30%. One Primary teacher sa￿. you ￿ muth for ￿(h 3 K￿n￿rful day todayl l think ￿ was the best yet land I've come to the farm 4 or 5 years on the trot r￿wIl. The children atsdutdy loved it aThJ you all w￿t over and above to sure this happen&. We will be back W yearl Thank you again - what yw provHJ8J knjay is such a wdlualAe experience for our children, th￿r ￿rning devd(yrrrnt, and of couwse ther mefiThY￿. Our Farm are CEVAS ￿Cr&j￿ed {Cwntsysth Edwalional Yi*ts Ac(rethrtation Scheme) and we a￿ Educator Members of LW (Linkn"ThJ Emronment and Famiirrfjl. In addition to the regular cbss vfvts, we deliveted the first w West Sussex #FarmMyFood event fdkming the Succ￿5 of similar events which have been delivefal across the £oJntry aftw being developd in 2019 by LEAF Education. We worked in partnership with leadiry agri-edu(xtK)n organisation LEAF EducatK)n to pL3n a[￿ delwer a curriculum-linked event, to bring to life Op[￿unitieS for students in f(K)d and faming. (her 150 Icral secondary school Students, studwng GCSE Business Studies or Fo¢KI preparats"￿ 3rKJ NutritKJn, ynt day at Fk>me Farni, meeting those who 'wt the food M oui ts￿e.. Woodland Leaming The benefits of time out%de in nature are w￿l-kn¢)￿. firne st*nt in nature ian dRmatically improve ￿Ental heath and well-being, easing anxiety increasing s((ialisati￿ atKJ c0-0￿ra￿.￿. The b￿rIts of Forest Sch(K)I practice for students are powerful, offering autonomy and over Ch(M￿, nurbjring connections. working with adults beyond schked. The thjnty CwrKil SaKI.. ￿e ￿Ere delighted to have the Goodwood Educatts)n Trust in the programrne again thi5 year, incr￿n9 their prowgon io rTE* detnand fmm famili&. TtrEir Forest Adventures offer an ￿rKhIng oui(knor Leaming eX￿en￿ in teauts.ful w(MxIL3fKI. and on our we were thrilled to see the children exploring nature and makirrfj rtw f￿￿KIS.. The Trust ddivers Famity Fun Days (also known as SIKKt Breaks) the th)rity A¥tns, fl￿ children ￿th auti&n and their families and sbliThJs. ￿ Weeke￿15 thr(wh t1￿ year. team sahy.. "Realty grateful for this Parts)ership. The team have been great in facilitating our vigon and supFKxbn9 US to ￿1r famity sessions". The Trust has wn free wc()dLind m days for chiklrwb With a varith of ￿. These include Ii)cal Char￿E5 supwrting thildren living with a life-limitijvj or ttsminal condibon, the k)tal chiklren's hospi￿ and siblings, children learning to INe with a diagrK)Ss of l D￿teleS aThJ a charity supp(xbng I(￿al refugee famil￿5. The NHS team, who marshalled a svjnfftant nuNng ￿eSen￿ to make ttE day tx)55itAe, saMI 'A ma￿ve thank you to you and your team fr(￿ usll Fore* day was bn"Ilianti It was great to see the youtKJ p￿rAe ￿))Ying theMSe￿e5 ar there were some lovdy moments wth big srniles from a couple OF the ywrMJ wple when tly sUdd￿ty nOti￿d that they weren't the onty one wth Type l DDbete51 We gwe the day 5 star<. Lucy Asfvworth, Fundrai%ng, Events and Media Marw at the Sussex Sncvwdrop Trust SaKI, "We are vtty grateful to the Goodwood Education Trust for enaNing sorne of our families t(> exw*nce this Un￿]ue space. It wa5 wonderful to see the children and their parents conr*rt with ￿ ￿VIrOTh￿￿t a￿1 eath (rtw. C￿e schod grwp, whose teachers gNe up th￿"r time to provide dlditional exper*nces for Pupil Premium children, SaKJ.. "All the children were engagEd and came away ￿th rnerror￿ that ￿11 last forever. As I am SU￿ you can apprecDte the children who attended, rarely have the Op￿rtUnIty of days wt like this and ￿alty ￿nefitted from the expwienTr. The children came in on MoF¥lay tellitvJ other staff M￿terS and their friends atx)ut th&r trip aThJ other children have been asking VI￿ is the one.. Young Carers are chI￿ren with additional carir¥J reskThx6ibilths. The Trust has funded a day of wcx)Jlard xtmties to allow the children to pby, to spend kntne with t￿1r friawts a￿1 to have a iwk from th"r caring reswnsibilitES. Their organiser said. Thank you again for artwty day yw pui cn For our carers, they had a lanta&ic timel We had parents texting back sawng ttr￿'r child h￿1 a gr&it day. It was ovwdll ￿ amaiw day, arml we really appreciate everything you do for our youn9 carers". THE WEST SUSSEX COUNTRYSIDE sfuDZES TRUST REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REVIEW Financial p054tion The results for the year are set out in ststan￿t of finarKkil Altm￿ on Page 8. A55et cover for Funds The Trustees con9der that ax£ets of tl* tharity are sUfv￿t to med ￿ (hariws obligab.￿S on a fund by fund ba9S. gjrplus funds derwaj from nornial acbvibes are I￿1 a thy to thy basis at Handelsbanken in a D￿st sa￿[¥js account wa a linked CUr¥￿t account. The charity does not hold materk31 finanaal inV￿tn￿1t& There are no sub%"dh3ry undertakirwjs of the tharity. The prfnapal risks facing the charity have been rev￿Wed by the Trusts. T￿ are pL3ns in place to manage identrfEd risk5, which include dNer%fying iKome streams to cover tmrth orpgoing (yer3ti0naVfixed costs as well as identif special wojÉtts, thr(MJgh securing extemal grant ap￿1Cat￿)r￿, utiliing the C(xIn￿lde Stewardship FuThJing and s*king opportunibes to ￿￿re contracts wth external pmwders to ¢*JNer prograrnrTE5 to chiklren and young people with particular needs. The Trustees have rK>t KJenttf*d any factu5 vthich a￿ hkety to affert the finandal rHfom)ance or FOSitK)n goirKJ fo￿ard. The chanty does not ho￿ material finarKial 1rhvthy￿ts. Principal Funding Sources The principal funding of the thaiity this rqxwtmvj were.. . An annual Lk)nab"(x) from The Go(*YwocLI Estate ￿rnited,. - Grènts from Trusts and FouThJatKms,' - Agreements with West Sussex County Council and A¥ths for (￿￿ery of atknbe5 for youThJ peokle. - Surplu5 incotne from school visits and resthntial trips,. - Attendance at Events (provision (>f family friend￿ nature-bas8J acbvit*s),' a￿1 . Trading incorne frorn Forest PAJventure IK)IKlay p￿rnMe. The Trust gratefully Kknowlety the finanaal of those maknng g¥￿ts and donatK)n5, and those who wish to remain anonymous. Shroder The Foyle Foundation Sussex Community Foundation Chichester Oty Council Investment policy and objectives The Trustees rnay invest monies of the Charity immediatety required for its purwjse In or uFM)n gjth investments, securities or property as thought fit. Sub￿ to such conditions {if any) t￿[￿j imw5al or required by law and conditions hereinafter pro￿ded. Reserves poliey The totsl fund5 the d￿rty ￿)kts at the eThJ of the rew)rbng year is £464.639 as baLirKe strttt. There are m materrdl armunts deg"gnattsd at the end of the rqKxtiThg year. The funds that can only L* realised by dsrosin9 of ￿Ible fixed a55ets is É333.W. availalje reserves at t￿ erKI of the end of the reporting reri(Kl are £104,181, repr￿tIr￿d the cash pw"tK)n less liabilitrs. The Trustees corn￿d￿ an atrK)unt equal to 6 mc¥)ths of owating extEndILU￿ to sufficEnt to hdd in re*rves. This would be equal to £60,CXIO. This prrides the charity with an ￿*t￿)nal £44.181 in surplus cash which will be invested in the strategic tKograrnfflÈ to ddiver (M) chanta￿e aims thrcrtbyh 2025. THE WEST SUSSEX COUNTRYSIDE sfuDIES TRUST REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2024 FufuRE PLAPIS Looking ahead into 2025, the Trust will ranain unrelentyrgty f(Kussed w the three core pr(¥Jrammes. The ambf(ion is not to increase absolute numbers of partiripation. t#Jt to reath more of the thIldr￿ for whom it will make the bIg￿t differen￿. The Trust will install a wcodk3nd she￿, to offer rew.te from the harshesi conditK)ns for those attending Forest School. Planning wmi￿10n frotn the &xJth Lknins National Pat* was r￿ell bte 2024. The Trust will also install a 'pa￿chute. canopy to wovide a￿rtiOnal shdter. srRLicfuRI GOVERNANCE AND MANAGEMENT Status of the charity The charity is controlled ty its 9￿￿r￿j ¢knirnent and constitutes ￿ unl￿ted tharity. Charity constitution The Trust Is a Charitable Inco￿()rated Organisation regi#ered wlh the Charity G)mmtssion on 10 March 2022 (Registered Num￿[ 11982121. The Tru* is cOn￿ltUled. Trustees The Board of Trustees must consist of at knt 5 Trus The tK)wer of aptK)inting rep￿•￿t Trustces rests wrth the Cto. No glall Iv)kl offke for loThJer than 3 years frorn the date of thetr aptx)intment after whth they will s*k ￿appintMent or te repL4ced ty the ao. On I￿ning the board, new Trustees are fvmithed h￿th ￿(￿nt b￿kgrWThj ￿fornia1*)n and wrrent d(Kurn￿ts to erIa￿e than to d￿tharge thwr dulles. Organisational structure Trustee meetings are held at least a year arKI at wch 1)th￿ ti[T￿% that the Twustees d￿lde. A quorum of 3 Trustees requiral at meetings and matters are det￿rnined by rnajority voting. The Ed￿kn"0n Trust employs a srnall team to further the objectiv& of the Trust, indudiThJ pkinning, marketitKJ armj ddiveriT¥J cujrses for vigbng children, and most of the general administration of the Trust. Tf* TrLSt Managw rep)its annualty to the Tru5tee& Wider network The charty is not part of any WHJer netwK Risk management The Trustees have examined the principal areas of the (tsnvs wabons cons*JweY the major risks ra￿d and systems have been established to manage those risks. REFERENCE AND ADMINISTRATniE DETAILS Registered Charity number 1198212 Prlndpal address Home Farm Goodwood Chichester West Su55ex P018 OQF Trustees Duke of Richmo￿￿ and Gordon L McNeill R Pailthor B Trafford l Hunt M Baker lappointed 151101241 C Hayes (app￿nted 1141251 THE WEsf SUSSEX coupmiYsiDE StUDIES TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Daniel Chawnan FCA CTA Ha￿eY Fowler LLP Chartered Accountsnts Pawlion View 19 New Road Brighton East Sussex BNI IEY The Trust Manager is Catl*n"ne ￿ncl}. The Trust hokJ5 a current account Banl 25 KiThJs Hill Avenue, Hill, West Malling, Kent ME19 4JQ. The Trust hokjs a De￿&t Sawng8 Acc(MJnl with HaThJdthth, t10 North Street. (hichester P019 ILX. Legal wpp(rt is prwded pro.tXNK) by The &)(m1w(￿ Estate Cf#npany Ltd. STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees are resFonsible for preparing the Retw)rt of the Twst*s and the financh31 Staton￿ts in aC0)rdan￿ with applicable law Unitay King(bm ￿coUn￿r￿j Stsndards {ilnited ltingd(Hll r£YEral￿ AC￿pted Acctyjnting Prackncel. The law applkable to charit￿5 in ErvJL3nd and Waks, Art 2011, CharFty {Ac￿unts and Reports) Regulations 2008 and the proVs￿nS of the trust deed iequires the trust￿ to prepare fina[￿￿1 statetnents for each financkil year which give a true and lair v￿W of the state of affairs of the charity and the irhC(¥ning resources and application of resources, including the income arml eXFe)diture, of the tharaty for that p8i&J. In ￿epari￿ those finanaaS ststernents, the trustees are Te(psired to setect suitable accounting tK)licEs and apth them conssta)ty,' 0￿rve the meth(yJs and princip￿ in the (harrty SORP,. make judgements and estimates that are reasonatAe and pr￿ent. prepare the financial ststernents on the 9)ir¥J corKern basis unkn it Is inappropriate to F*e5ume that the charity wlll contr.nue in business. The trustees are reSwnSi￿e for keepir4J proper aCcounb.￿ recorils which di￿05e wrth ￿sOnable aa￿racY at any time the financRI wgkn.on of the charity and to enat4e thwn to ensure that the financial stat￿￿ents comply wrth the a)arities Act 2011, the Charity (Accounts aThJ Rep)rtsl RegulatK)ns 2008 aryj pr(￿lS￿)n$ of the trust deed. T￿Y are al50 responsiue for safeguarding the assets of the charity al￿ herKe for tsknrvj rea5(￿al￿e steps for the yevention and detection of fraud other irreguLarities. Approved by ordu of the fK)ard of trust&s on......... . and 99n&J on its behalf ty.. L McNeill- Trustee INDEPENDENT EXAMINER'S REPORT TO THE TRLisfEES OF THE WEsf SUSSEX COUNTRYSIDE STUDIES TRUST Independent examiner's report to the trustees of The West Sussex Countryside Studies Trust I report to the charity trustees on rny examination of the accounts ol West CIKJntry9de Studies Trust (the Trust) for the year ended 31 D￿ern￿r 2024. Responsibilitie5 and basis of report As the charity ttUStee5 of the Trust you are reS￿l￿ble for Fry)arab"on of the a￿￿nts in accordance with the requirerllents of the Charities Act 2011 (Ihe ACVI. I report in respett of my examinatK)n of the TfU5t% K¢Dunts Carr￿ Imrt uwth Section 145 of the Act and in carrying out my examinatK)n I have fdlowed all ap￿￿aLle Direct%)ns gNen by the Chartty Commioon under secb.on 145151{b) of the Independent examlner's statement I have completed my examination. J confimi that Tr) material matters have c￿e tt> my attenti￿ in connection wth the examinats.on giMrKJ me cause to bdieve that in ary mat￿la1 resm.. accounting records were rK>t kept in resW of Trust as requir8J ty 130 of the Art; the accounts do not ￿)rd with those rKords,' or the accounts do not cornpty with the ap￿￿3￿￿e r4uirements concwniTrJ the form arKI content of ￿(x¥Unts set out in the Chartties {Accounts aThl Rewmts) R￿UL7t￿)n5 2008 ithr than any requir￿n￿t that the accounts oNe a true fair view whth is not a [natt￿ considered as part of a) irmlependenl examimtion. I have no concems and have come rn rK) otl*r matters in connectith with the examinats.on to whKh atteTr￿"on should be drawn in ths repyt in order to ￿lIe a ryorEr under*arylirKJ of the ￿t￿lts to tR read)&J. Daniel cha￿aTr FCA CTA Hart￿ Fowler LLP Chartered Accountants Pavilion Wiew 19 New Road BrKJhton East Sus*x BNI IEY Date-. THE WEST SUSSEX COUNTRYSIDE sfuDIES TRusr STATEME1￿ OF FINANCIAL AcrivrriES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total funds 2023 Total fu￿5 fvrKJ INCOME AND ENDOWMENTS FROM Donations and legacies 86.021 16,680 102,701 83,280 Other trading activities Investment incorne 93,562 261 7,950 101,512 261 61,194 258 Total 179,844 24,630 204,474 144,732 EXPENDITURE ON Charitable activities Exp￿dIt￿re on charitable actwit*s 137,691 23.838 161,529 130,622 oth 8,932 8,932 5,616 Totsl 146,623 23.838 170,461 136,238 NET INCOME 33,221 792 34,013 8,494 RECONCILIATION OF FUNDS Total funds browhr fonvard 425,626 430,626 422,132 TOTAL FUNDS CARIUED FORWARD 458,847 5,792 464,639 430,626 The rKrtes r(*Tr part firk3fKial stat*￿￿E9 THE WEST SUSSEX COUNTRYSIDE sfuDIES TrUST BALANCE SHEET 310ECEMBER 2024 2024 T(tsl funds 2023 Totsl funds ur1r￿riCt￿ Restrictb rKJ fund Notes FIXED ASs￿s Tangible assets 333.064 333,064 323,087 CURRENT ASSErs Debtors Cash at bank io 27,391 122.099 27,394 127,891 4,685 115,553 5,792 149,493 5,792 155,285 120,238 CREDITORS Amounts falling due within one year li {23.710) 123,710) (12,699) NEf CURRENT A$S￿s 125,783 5,792 131,575 107,539 TOTAL ASSETS LESS CURRE1￿ UABILTfiES 458,847 5.792 464,639 430,626 NET ASSETS 458,847 5,792 464,639 430,626 FUNDS Unrestricted funds Restricted funds 12 4S8,847 5,792 425,626 5,000 TOTAL FUNDS 464.639 430,626 The financial staternents ap[￿Ve￿ by the of Tn15t￿5 arml aUth(￿Sed for is9Je . and we¥e sign8J on rts behalf by.. on L McNeill- Trust THE WEST SUSSEX COUPmiYSIDE StUDIES TRUST NOTES TO THE FINANCIAL STATEMEr￿s FOR THE YEAR ENDED 31 DECEMBER 2024 Accoui¥fING POLICIES Basls of preparing the financial statements The financial statanents of the charity, whKh ￿ a CharitatAe InC(K￿￿tal OrganisatK)n ICIOI under FRS 102, have b&n prepared in accordarKe wFth the U￿r￿eS SORP {FPS 102) Accimjntiw and Reporting by charit￿.. statement of R￿MrrÉrK1c<1 Practice applicable to chariiEs preparing their accounts in accordan￿ with the Finanaal Rep)rting Standaid a￿Ka￿e in the UK atKJ RepLJblK of Ir&nd {FR5 102) {eff￿t1ve l January 2019)., Finanri31 Reporting Standard 102 The FIna￿ra1 fte￿￿ting sts￿Jar￿ applicab￿ in the UK and Republic of Ireland, and the Char￿"e5 Act 2011. The financial statw*ts ￿)ve be￿ prepar&1 ￿￿er the historical c05t conventson. Monetary amounts in tw finarrial strdtanents are round￿1 to ￿ reare5t of £1. The presentatK)n CUrr￿cY is E sterling. Income I Income is re(￿nISed in State[T￿t of Fknanaal Activths On￿ the Cto has entiuement to the fvnds, it Probab￿ that the income will r￿aVed and the anv)unl can te mea9Jred rdiaw. JI voluntary ir￿￿e a￿1 sUb￿pt￿￿S ￿ Inclu￿￿ In incThne r￿e1 DonatK)ns under de8Js of covwont togethw with a55(Kiated i￿￿ne tax recov￿ are r£rogn￿d as income when the dona￿On is rKeNd. The incotne from fundra&ng ve)tures ￿ shown gross, the asy)ciated costs incI￿jed in fuThjrai￿n9 exp*iture. Other irK£￿e is attountel fi￿ on a r￿8Vab￿ basi Expenditure atHlities are rec(yJnsed a5 eXt￿ndItUre as a5 there is a lajal ot constructwe Obligati¢￿ comrnitting the CIO to that expenditure, rt is Fwbabk that a Irall￿r of ecoTh)mic ￿nefits will be requi￿ in seiuement arKI the am￿nt of the Obligati￿ can be measured rdpbty. Expe￿lture is a(countd for on an accruals b￿1$ and has been cla5sfied under headings that aggr8Jate am cost reLited to the category. Where costs cannot be direcdy attribut￿ to particular headings have iwi alkKated to art￿￿e5 on 3 ba*s Con￿tent wth the u* of res)uros. Expendi￿￿ indudes a15 ttems, ¥Yhlch have paid, w are payJiAe ai the year erKI. Governance costs cx)mwi* t￿lse costs iwJrr8Y with COm￿l￿r￿e, constitulN)nal and statutory requir￿￿) Tangible fixed assets Depreoatwjn i5 pfovKled ai the folbwr*J annual rates in ordw io write off eath asset ove¥ its esbmated ￿er￿1 Buildings Plant and machinwy 2% on cost 25% on ciy Taxation The chanty s exem[* from tax on its charitabfe aCtNIt￿ Debtors and creditors receivablelpayable wlthin one year Debtors and creditors with no stated interest rate and ￿CeIvable$ or payat4es within one year are r￿Orded at transactk)n price. Any losses an￿[￿j from impaimiert a￿ r￿t￿￿j in tre profit and loss account in other dministratNe expenses. -1 THE WEST SUSSEX COUNTRYSIDE STUDIES TRUST NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 DONATIONS AND LEGACIES 2024 2023 tM)nations 102,701 83,280 This include5 a É3,CO) donation from the Shrokn a)arity Tnjst and a £6,500 donatvjn from the Foyle FOUndat￿n. OTHER TRADING Acfivmes 2024 2023 ACcomodat￿n and catwi Education v￿lts Forest scho Hire of Sedey Copse Manègew*nt fees 13,823 25,839 20,062 1,470 54.716 41,981 850 3,965 101,512 61,194 INVESTMENTINCOME 2024 2023 tkpo%'t account inte¥est 261 258 SUPPORT COSTS &)vernance Managwnent finarKe Totals ExperKJibJre (Kk charitable adMtE% 112 5,11]0 5,272 TRUSTEES. REMUNERATIOII AND BENEFrrs There wwe rrf) trustees, rwnuneratK)n or Oth￿ berth for year a)ded 31 D￿eMb￿ 2024 nor for the year ended 31 DecernLEr 2023. Trustees. expenses There were no irustees. exFerGes paid for the year en￿1 31 De{EMt￿ 2024 r￿r for the year ended 31 DKember 2023. AFF cosrs The CJO does Th)t anpby staff diiecty. Slaff are empk)yed via The Estate Cotnpany ￿[nited, and there is a lom)al seCorK1M￿t agreement in FI￿ to seCOr￿ staff to the Cto. StrffirwJ cosrs a￿ ￿￿lled between tr partie5. -li- THE WEST SUSSEX COUNTRYSIDE STUDIES TRUST NOTES TO THE FINANCIAL StATEMEiifs - continued FOR THE YEAR ENDED 310ECEMBER 2024 COMPARATniES FOR THE ￿ATEMENT OF FINANCIAL AcfIvITIES Unrestricted fund RestrKted fund Totsl funds INCOME AND ENDOWMENTS FROM [k)natIor￿ and1egaoe5 78,280 83,280 Other tradiry activitE5 Investment irKome 61,194 258 61,194 258 Total 139,732 5,(M)O 144,732 EXPENDfTuRE ON Charitable activities Expenditure on charitable ￿tMtES 130,622 130,622 Other 5,616 5,616 Total 136,238 136,238 INCOME 3,494 8,494 RECONCIUATION OF FUNDS Totsl furKYs brwjht fO￿ard 422,132 422,132 TOTAL FUNDS CARRIED FORWARD 425,626 430,626 TANGIBLE FIXED ASSETS Plant and m￿hInery ildings Totals COST At I lanuary 2024 AdditKJns 332,429 17,436 3.123 335.552 17,436 At 31 Decemter 2024 349,865 3,123 352,988 DEPRECIATION At l January 2024 Charge for year 10,938 6.678 1,527 781 12,465 7,459 At 31 December 2024 17,616 2,308 19,924 NEf BOOKVALUE At 31 [kCernt￿r 2024 332.249 815 333,064 At 31 D￿ern￿ 2023 321.491 1,596 323,087 -12- THE WEST SUSSEX COUNTRYSIDE sfuDIES TRUST NOTES TO THE FINANCIAL sfATEMEiifs - continued FOR THE YEAR ENDED 31 DECEMBER 2024 io. DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2024 2023 Trade debtors Accrued income 24,594 2,8CW) 4,685 27,394 4,685 ii. CREDThORS: AMOUIIYS FALLING DUE wrtHIN ONE YEAR 2024 2023 Trade credrtors Other Cr￿l￿oIs 17,436 6,274 3,600 23,710 12,699 12. MOVEMENT IN FUNDS Net movonenl in funds At 31112124 At 111124 Unrestricted funds Gè)eral fvnd 425,626 33,221 458,847 Restricted funds Farm vI￿ts atKI forest schc 792 5,792 TOTAL FUNDS 430,626 34,013 464,639 Net movement in funds, ￿cI￿le￿ in the al￿ are as f01b￿. IrK(xning I￿￿r Res(xJrc Mov￿n￿t in funds Unrestrlcted funds General fund 179,844 {146,623} 33,221 R*strirted funds Fami visits and for&t sthoc 24,630 {23,8381 792 TOTAL FUNDS 204,474 (170,4611 34,013 -13- THE WEST SUSSEX COUNTRYSIDE STUDIES TRU NOTES TO THE FINANCIAL sfATEMENTS - cwtinued FOR THE YEAR EIIDED 31 DECEMBER 2024 12. MOVEMENT IN FUNDS- contlnued Compar*ives for movement In funts Net movement in funds At 31112123 At 111123 Unrestricted funds General fund 422,132 3,494 425,626 Restrlcted funds Fam visits and f￿est sc TOTAL FUNDS 422,132 8,494 430,626 Cornparative net mo¥tyw)t in furKls I￿￿d￿j in the atr¥M are ds ftknts.. IrKoming Re5￿jr￿ Movement r￿ur￿5 expended in fvnds Unrestricted fvnds General fund 139.732 (136,238) 3,494 Restrirted funds Farm vists and forest sd 5,(X)O TOTAL FUNDS 144.732 {136,2381 8,494 Restricted fu￿ts are W for use for fami v￿ts aThJ ￿ forest th￿1. 13. RELATED PARTY DXSCLOSURES During the rerB)d £128,693 12023.. £104,574) was payatde to a)tities ovw which one of the trustees had a substantial interest a￿1 signrficant i[bfluen￿, for the [￿0vI￿on of an ed(KatK)n Offi￿r, accomodab"on, catering, light and heat aThJ olher exFeThJilure. At the end of the year £24.595 was éue froffl (2023.. É9,099 due tol one of th&e 9)bt￿5. -14-