Charity registration number 1201792
CARSTAIRS COUNTRYSIDE TRUST CIO
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

CARSTAIRS COUNTRYSIDE TRUST CIO
CONTENTS
Pag8
Legal and adminislralive information
Trustees, rewrt
Independent 8xamine¢s report
Statement of finanGial aclivilie5
Balance sheet
Notes to the finanual statements
9-19

CARSTAIRS COUNTRYSIDE TRUST CIO
LEGALAND ADMINISTRATIVE INFORMATION
Tru$iee$
Mr I Carstairs OBE
Mr N Turton
DrRHABaker
Mr M Walson
Charlty number
1201792
Principal address
Crombie Wilkinson Solicitors
19 Clifford Street
York
Y01 9RJ
Independent examlner
Frances Howard FCA
Fortus Limited
Bu5ine55Advi50rs and AGGounlanls
Equinox Hous&
Clrfton Pa
Shipion Road
York
Y030 SPA
Bankers
CAF Bank Lifflited
25 Kings HIllAvenue
Wesl Malling
Kent
ME19 4JQ
Solicitors
Crombie Wlkinson
Clrfford House
19 Clifford Street
York
Y01 9RJ
Land Ager
Clubley5
2nd Floor
6044 Market Place
Market Weighton
Y043 3AL
Key MHnagement Personnel
Mr D Hargreaves- Operations Manager

CARSTAIRS COUNTRYSIDE TRUST CIO
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees p￿seTht their annual report and financial statements forthe year ended 31 March 2025.
Thè financi21 statements have been prepared in accordance with the accounting polici&s sei out in note 1 to the financial stalÈments and
compty with Ihe Trust's governing document. the Charili&s Act 2011 and "Accounting 2nd Reporting by Ch2rilies.' S12tem8nl of
Recommended PraclicÈ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland published In Octob8r 2019"
The ￿gaI and admini$lralive information page forms part of thi8 report.
Oblectlves and actlvltles
The Trust's Objects are
To prornole either through 115 own act or by 5UPPOrting other registered charities the conservation of the countryside and it5
wildlife in particularthe otter within the United kingdorn and more e5peGi81ty North Yotkshire.
To promote either through ils own a¢1 or by Supporting other ￿gIstered Gharities the pr¢vi$ion of fa¢ililies in the Int&￿sts of
social w&Ware lo Ènable disabled individuÈls and the public more generally to more readily gain accÈss to and egress from the
countryside with thé obi8cI of Improving their conditions of lrfe
In order lo facilitate the aims expre888d in clause 2IAI and 2IBI hereof lo purchase parcels of land which are of 5ignrficance
b&caus8 of their wildlife and wilhoul prejudice to the generalty of the foregoing te Indude parcels of land which are used by
wildlife for their habits feeding or breeding purposes.
The Trustee5 fulfil the Tru5t'5 objects by..
owning land$ of signifi¢an¢e lo the ¢onsetvation of the ¢ountry$￿e and it$ wi￿lIfe, boih fauna and fltsra".
managing the abov? through environmentally ben&ficial fanring.,
providing access where appropriate bearing in mind th& need8 of conservation and endeavouring to enhanc8 acce88
arrangements for those with disabilrty needs.,
acting in an advisory capauty on mallers of conservation in respect of the pLgnning 8nd other legislative processes.
Increasingty the Trust collaborates with other organisalion5. 10 inGlude both charilabk and 5talulory to advance the conservation Gause in
line with the GoveTnment's 25 Year Environment Plan lo reverse biodiversily1055 and lo build back n8ture. especially in area5 adjaGenl lo
or fvn¢tionally linked with core wildlife $ite$.
Through carrying out the requirÈments of Governmenl-backed Ènvironmèntal Stewardship schem&s covering nature, archaeological.
18ndscape and pal&oenvironmental cons8Nation. the Trust'8 manager 18 direclty awar& as to whether defin8d conseNation objectives are
b8ing met and advises the Trustees accordingty. Where part￿ularty detailed measures are involved more close scrutiny lo monitor and
inform futur& courses of action is undertaken.
The impacts of dimale change and more extreme unseasonal weather events have a large bearing on many of the Trust's hoklin9S.
especialty on the floodplain of the River Detwenl where the overarching ¥dviTr of Natural England is readity sought and received lo
optim￿e management. In the latter case the Trustees have joine(l in a potentially cosl efFeGtive and tssk efficient Pl8n to deal with d8y-Io
day tnan8gemenl needs. control gf pemiGiou5 plan15 and to undertake srnall Scale management la5k5 Such as vegetation management
and maintenants of drainage channels.
The Truslees Gonfirm that the Trust ha5 complied Mlh ils duty lo have due regard lo the gU￿B￿ce on publiG benefft published by the
Charity Commission in exercising 115 power5 and duties. Tru51ee5 believe that all the Trust's work 15 of great public benefit. Volunteer5 are
key to drivin9 the ethos at the hèart of thè Trust's work. Tru$l land holdings are managed in a way lo ensure that rare and scarte habitats
2nd species are cons&rved for future genÈralions. ApproprialÈ manag&ment deliv&ts optimum opportunity for both h2bitats and species
sur¥i¥al.

CARSTAIRS COUNTRYSIDE TRUST CIO
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Achlèvements and perfomlance
Particular high points during the year include..
the ongoing promotion of the innovatiwe Nature Recovery tuming'Parish Polirye5 into PractiGalAGtion Model,
commi55ioning of a m8tker stone memori81 to bolani5t and conservalioni5t Nan Sykes, unveiled at the Trust's site in Silpho-.
¢ollaboralion with the Friends of the Lower Detwent Valley consetvation Group over the shared acquisition gf slrip meadows
and a pol&nlial &nhan(*d accÉss for Natural England's land in Seavy Carr a￿a of the Lower Dement Vall&y National Natu
Reserv& al Thomton,
co112boralion with the Church of England over joint working to establish a National Natur& Re88rv& across the river from
Bishoplhorpe Palace, al Wal&r Fulford Ings.,
support for Craig R818ton'8 seminal publication.. R&view of th& Birds of the Lower D8rwent Valley..
commitment lo produce a companion book to the above lo record the wKle range of work undertaken by volunteers, such that
their story is not lost lo history.
Collaboration with Natural England, Friends of the Lower Dewent Valley Conservation Group and Deepdale Conservation Trust
ower a Corncrake re-introduction prograrnme in the Lower Detwent Valley N8lion81 Nature Re5eNe.
Lond Management
Trustees hold a numbÈr of Environmental Stewardship agreements for which management prescriptions have been fulfilled. In a dose
working relationship with Natural England. thèir senior staff with re$pon$ibilily for the Lower Derw&nl Vall&y offer technical and practical
advice. In the face of th& Impacts on th8 Trust'8 Derw8nl holdings of disturbance and climate change small-8cale management tasks over
an extensive range of meadows, Trustees have joined with Natur81 England and the Friends of the Lower Derwenl Val￿Y Conservation
Group lo Implement cost efteclive holistic management strategies 8nd 188ks guided by Natural England.
The Trust receives advice from Natural England over the condrtion of ils designated siles
The dominant conse￿¥110￿ issue in the year was the inadequaGy of the ernerging East Riding LoGal Pbn and its interpretation of it5
obligations under the Hèbitals Diredive and Regulation5 1994 which has significant ImplicatiOn5 for Safeguarding the Special interest of
the Lower DeTwent Valley s internationally protected Habitats and functionalty linked lands. The Trust obtained specialist legal advice and
made appropriate representations lo the fomial procèèdings ov&rwhich conclusions were awaited at the end of the year.
In so far as land management 18 conc8m8d, the Trust's five Countryside Stewardship ICSI agreement8 COV8r the majorty of it8 holdings.
Under these 8greernenls despite a very wel summer, various signrficant worts induding hedging, fencing and invasive speaes control
were
Flnanclal revl8w
The Trust reported a sutplu5 Of £63.013 for the year ended 31 March 202512024. £23,330 5urplu51. Thi5 COtnPri5e5 a 5urplu5 of £63.061
on unre5trided funds12024 £27.255 5urplusl and a defiGit on re5tri¢ied funtls of £4812024". £3.925 defiGitI.
Overall funds at 31 March 2025 wer& £2.668.74712024 £2,805,734). consisting of £995.297 unrestrthd funds12024". £929,237).
designated funds £2,99812024". £5.9971 and £1,670,452 restricted fund812024.' £1,670.5001.
The Trust pledged two condrtional grants to other registered charili&s being £10,000 to the Harold Dean Charty (Reg No.. 2668501 and
£25,000 to The Deepdale ConseNation Trust. (Reg No.. 12118851.
Resa￿e$ Pollcy
The Trust continues to remain indep8ndÈnl and s?￿-sustainln9 wrth its farming activities underpinning the delivery of conservation
objectives on its holdings.
Trustees regularfy review coTllmilTllenls to ensure su5tainabilty in adverse circurll5tsn￿s. The Trust reviewed the level of financial
resetves and decided that these could be reduced 5ignifiGanlly given the level of projected income lo £75.000 on which the Trust could
operate without any additional income for 1 year.
Free reserves at 31 March 2025 were £501,40412024'. £440.3441
sirutture, govemance and managemènt
The C8rslairs Countryside Trust CIO was created on 18t Febru8ry 2023 In succe8810n to the Charitable Trust, The Carslairs Countryside
Trust Icharity Reg 7022231 founded by deed dale 15 Sepl8mb8r 1989 from which il a58umed 811 rights and responsibiliti88. The Trust
continues lo operate through the efforts of a small number of tru51ees supported by profession31 legal, financial 8nd property advisers.
Given the modus operandi of the Trust, existing trustees are mindful of the need lo ensure that there is both continuity and susl8inability.
Day-lfr(18y management of the Trusts work 15 carried out by a single employee, the Operation5 M8nager,. As a close knit team there 15
onsiderable inter8ction belween highty experienced Tiuslee5 and the Trust's Operations Manager as Golkclive speGiali51 skills are
brought together lo maximutn effect in suppprt gf and benefit lo fulfilling the Trust's Objeths.

CARSTAIRS COUNTRYSIDE TRUST CIO
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Recrultmènt, appolntment, Inductlon and tralnlng of new trustees
The Trust continues to operate through the efforts of a small number of Irusl88S SUPPOrted through professional advi$or8. Given the
modus op&randi of th& Trust, existing trustee8 are mindful of the need to ensure that Ih&re is both continuty and su8tain8bility. We will be
looking to recruit trustees when appropnate and the opporiunity aris8S.
Polici8s- Goneral
The CIO adopted 811 the required policies of ils predece550r, unincorporated charity prepared in response to Charty Comrni55ion advice
and requirements. inGluding priority 8nli-theft and frau(1, safeguarding and He3tth and Safety and a Fin8n¢ial Reserve5 Policies.
Risk management
Trustees endeÈvour to Id&nlify and minimis& or remove any risks lo which the Trust may b& exposed through vigilanc& and continuous
2warÈness. Trustees also ensure that approprialÈ controls are In p12ce lo provide re8son8ble assurance against fraud and error. These
policies are r8vi8wed annually. Professional ad¥is&rs a8818t in this respect. Trustee8 are content that there are no untoward threats or
risks lo the Charity.
Acknowledgements
Thanks are tlue lo Charlolle Martin50n of Clubleys. who has acted as our land agent during the year along with Anthony Baines and
Emma Campbell of Crombie Wilkin50n who acted as our 501icilors. We would also like to thank Veronica Ri(Isdale of Fortus for our
awovnls and mUGh needed finanGial advice. Finalty. we reGord appreGialion lo all the famiers and Gonlractors who have worked with us
throughout the year to (leliver wildlife friendly landscapes acr055 Yorkshire and also our volunteers Ju5ty Nelson. Chris Wilson. John Bell.
Peter Rhodès. Jo Baker and Mathew Bakerwho helped us athieve our aims.
The tru5tees' report was approved by the Board ofTrustees.
Mr M Watson
Trustee
2 December 2025

CARSTAIRS COUNTRYSIDE TRUST CIO
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CARSTAIRS COUNTRYSIDE TRUST CIO
I report lo the trustee$ on my examination of the financial stal&ments of Carslairs Countryside Trust CIO (the Trust) for the year Ènded 31
March 2025.
Responslbllltles and ba61s of report
As the trustees of the Trust you are responsibk for the preparation of the finsncial statements in accordance with the requirements of the
Charities Act 2011 (the 2011 Acti.
I report in respect of my examination of the Trust's financial 51alÈmenls carried out under section 145 of the 2011 Act. In carrying out my
examination I have folbwed all the applicable Direclions given by the Charity Commission under section 14515llbl of the 2011 Act.
Indep8ndent examiner's statsment
Sin* the Tru51's gr055 income exGeede(1 £250,000 your examiner TllU5t be a rnember of a body listed in section 145 of the 2011 Act. I
confirm thai i am Qual￿led lo undertakè the Èxamination bècaus& l am a member of ICAEW, which is one of thè listed bodies.
Your attenlion 15 drawn lo the fa¢t thai the ¢harily h45 prepared finanrial statements in a¢¢ordan¢e with A¢¢ounling and Reporting by
Ch8ritie5 preparing their Hccounls In accordance with the Financial Reporting Sl3nd8rd 3ppliGable in the UK and RepubliG of Ireland IFRS
1021 In preference to the Accounting and Reporting by Charities". Statement of Recommended Pradice issued on 1 April 2005 which is
r8ferr8d lo in the extant regulations but ha8 now been withdrawn.
understand that this has been done in order for financial statements lo pro¥h18 a true and fair view in accordance Wrth Gen8ralty
Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed rny examination. I confim that no mallers have come lo my attention in connection with the examination giving rne
cause to believe that in any material respect..
accounting records were not kept In respect of the Trust as required by seCt￿n 130 of the 2011 Act., or
th8 finanaal statements do not accord with thos8 r8cords,' or
the financial slalemenls do not corllpty with the applicabk requirements contrrning the fo￿ll and content of accounts set out in the
Charities IAccount5 and Report51 Regulations 2008 other than any requirement that the accounts give a true and fair view which 15
not a matter considered as part of 8n indepen(lenl examination.
I have no Coll￿￿5 and have come acr055 no other mallers in connection with the exarninalion to which altention should be drawn in thi5
report in order to enable a proter understanding of the finanGial slaternenls to be reached.
Frances Howard FCA
Fortus Limited
Busines5 Advisots and A¢¢ounlants
Equinox House
Clifton Park
Shipton Road
Y030 SPA
YoTk
Dated". 4 OeTrmber2025

CARSTAIRS COUNTRYSIDE TRUST CIO
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
CURRENT FINANCIAL YEAR
Unrestricted Unrestricted
funds
fund$
Restricted
funds
Total
Total
general
2025
deslgnatod
2025
2025
2025
2024
Notes
Income and endowmerts
Donations and leg3Gie$
15.813
343,879
14.899
85
2.376
4W
18.589
343,679
15.336
85
11.970
162.115
10.401
260
Investments
Other Income
75
382
Totsl income
374.476
2.451
762
377.689
184.746
Expenditure
Charitable a¢tivities
308.416
5.450
810
314.676
161.416
Net incominglloutgoingl ￿0yrGe5 before
transfers
66.060
66,060
12.9991
12,9991
1481
1481
63.013
63,013
23.330
23.330
Net In¢omellexp8ndltur81 forthe year
Net movement in funds
66.060
12.9991
1481
63.013
23.330
Fund balan¢e$ al 1 April 2024
929.237
5.997
1.670,500
2.605.734
2.582.404
Fund balanGe5 at 31 March 202$
995.297
2.998
1.670,452
2.668.747
2.605.734
Thè stalÈment of financial activit*$ includes all gains and losses reeognised in IhÈ year.
All in¢ome and expenditu￿ dernfe from continuing a¢tivilies.

CARSTAIRS COUNTRYSIDE TRUST CIO
STATEMENT OF FINANCIALACTIVITIES ICONTINUEDI
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
PRIOR FINANCIAL YEAR
Unrestricted Unrestricted
fund$
funds
Restricted
funds
Total
general
2024
deslgnatsd
2024
2024
2024
Notss
Income and endowmerts
Donations and leg3Gie$
11.970
159,615
9,861
260
11.970
162.115
10.401
260
2,500
390
Investments
Other Income
150
Totsl income
181.706
150
2.890
184.746
Expenditure
Charitable a¢tivities
151.929
2,672
6.815
161.416
Gr055 transfers between funds
Net movement in funds
29,777
12,5221
13.9251
23.330
Fund balances al 1 April 2023
899,460
8,519
1,674,425
2.582.404
Fund balance8 at 31 March 2024
929,237
5,997
1,670,500
2,805.734

CARSTAIRS COUNTRYSIDE TRUST CIO
BALANCE SHEET
AS AT31 MARCH 2025
2025
2024
Noto8
Fixed assets
Intangible asset5
Tangibl& assets
12
32,572
2,116,514
32.572
2,111.514
2.149,086
2.144.086
Current 8S8ets
Debtors
Ass&ts h&kJ for $al&
14
86.192
82.530
460,590
34.577
Cash at bank and in hand
447,169
29,312
1109.6511
481,746
120.0981
Creditor5.' amount5 falling due vlithin one year
17
Net current assets
519,861
461.648
Totsl assots less ¢urrent118bllltl8s
2,668,747
2,805.734
Income funds
Restricted fund5
Unrestricted funds
Designated fund5
General unrèstricted funds
18
1.670,452
1.670.500
19
2.998
995.297
5.997
929.237
998,295
935.234
2,668,747
2.605.734
The finan¢ial siatement$ wety approved by the Trustees on 2 DeceM￿r 2025
7th4& g
Mr N Turton
Trustee
Mr M Wat50n
Trustse

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Charity informatson
Carslairs Countryside Trust CIO Is a ch8rity registered in England and Wales. Il's registered office is clo CrornbE Wilkinson,
Clifford House, 19 CIrfFord Slr8el, York, Y019RJ.
Accountlng conv6nt6on
The financial 5talement5 have been prepared in accordance with the Tru51's Deed of Trust, the Charities Act 2011, FRS 102 Yhe
Financial Reporting Standard applicab￿ in the UK and Republic of Ireland" l FRS 102"18nd the Ch8rilie5 SORP AGGounting and
Reporting by Charities". Statement of Recommended Practite applicab￿ lo charities preparing their accounts in a¢¢ordants with
the Financial Reporting Standard applicable in the UK and Republi¢ of I￿land IFRS 1021" leffectwe 1 January 20191. The Tm$t 1$
a Public Benefit Enlrty as defin&d by FRS 102.
The Trust has taken advantage of th8 provisions In the SORP for Charrt￿$ not lo pr8pare a Statement of Cash Fbws.
The financial statements have departed from the Charili&s (Accounts and Reports) RÈgu12tions 2008 only to the exlÈnl required lo
provid& a true and fair view. This departure has Involv8d following th8 Statement of R8comm&nd8d Practice for charities applying
FRS 102 rather than the version of the Stslemenl of Recommended practi￿ which is referred to in the Regulations but which has
since be&n withdrawn.
The financial 8lal8m8nls are prepar8d in sterling, which is the functional currency of the Trust.
The financial stal8ments have b8en prepar8d under th8 histori¢21 c08t convention. Th& principal accounting policies adopted are
set out below.
Golng concern
Al the lime of approving the financial s13lemenls, the trustees have a reasonable expeclalion that the Trust has adequate
resources to continue in operational existence for the foreseeable future. Thu5 the Iruslees continue to adopt the going concem
basis of accounting ID preparing the fin8ncial statement5.
Charltable funds
Unrestricted funds are available for use al the discretion of the trustees in furtheran* of their charilabk objective5.
Oe5igDated fuDd5 are Unrestr￿e￿ funds eatrnarked by the trustees for particukr purposes.
Restricted funds ar8 Subject io SP8cific condition8 by donors as to how they may b8 used. The purposes and use8 of the restricted
funds are sel out in the notes lo the financial slalemenls.
1.4 Income
Income is re¢ognised when the Trust 1$ kgally entitkd to it after any performan¢& ¢ondilion$ have been met. the amounts can be
measured reliably, and it is probab￿ that income will be received.
Cash donations are r8cognised on receipt. Other donations are recognised onc& the Trust has been notified of the donation,
unkss performantt conditions require deferral of the amount. Income lax recoversbk in relation to don8tKns received under Gift
Aid or deeds of coveD8nl is recognised al the time of the (lonalion.
Legaci&g are ret￿nISed on rÈceipl or otherwise if the Ttust ha$ bÈ&n notified of an impending distribution. the amount 1$ known.
and receipt Is expèclÈd. If the amount is not known. the legacy Is treated 2s a contingent asset.
Exp8ndlture
Expen(lilure is recognised once there 15 a legal or constructive obligation lo transfer economic benefrt to a third party. it 15 probable
Ihat a transfer of econorniG benefits will be require(l in Settlement. and the amount of the obligation can be measured reliably

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
AGGovnting poliGie5
(Continued)
1.6 Intanglblo flxed a88et8 Othorthan goodwlll
Intsngible a55ets acquired sep8ralety from a bu5ines5 are recogni5ed at cost and are 5ub5equeDlly measured at cost le55
aGGurnulaled atnort15ation and aGGumulated impairmenl10sses.
Intangible assèts acquired on business combinations are recognised separately from goodwill al thè aequisition date where It is
probable that the expected future Èconomic benefits that are allribulable lo the as88t will flow to the entity and Ihe fair valu& of the
asset can be measured reliably-. the intangible ass&t arises from contractual or other legal rights.. and the Intangible assÈt 18
separable from th& entity.
Amortisation 15 recognised so as to write off the Gosl or valuation of assets le55 their residual values over their useful lives on the
following base5".
Fishing rights
TaTrgible fixed assets
Tangible fixed a5set5 are initially tnea5ured al Gost and sub5equentty measured at Gosl or valuation. net of depreciation and any
impaimient kn$$e$.
Depreciation Is recognised so as lo write off the cost or valuation of assets less th8ir residual value8 over their u88ful lives on the
following bases..
Freehold land
The gain or loss arising on the disposal of an asset Is detemiined a$ the drfference betbveen the Sa￿ proceeds and th& carrying
value of the asset, and 1$ recognised In the $12t8m&nl of finanaal activities.
1.8 Impairn18nt of fixed assets
At each reporting end dale. the Trust reviews the carrying amount5 of 115 tangib￿ and intangible assets to detemiine whether Ihere
is any indication that those assets havÈ suffered an impairment loss. If any such inditalion exists. the ffttov&rable amount of the
asset is Èstimated in order to determine IhÈ extent of the Impaimient knss lif any).
Cash and cash 8qulval8nts
Cash and cash equ1¥a￿TrI5 include cash in hand. deposits held at c811 wlh banks, other 5hort-lerm liquid investmen15 wilh original
tnaiurities of three months or le55. and bank overdrafts. Bank overdofts are shown within borrowing5 in ¢UTrenl liabilities.
1.10 FinanGial instruments
The Trust has &￿eted lo apply the provis￿nS of Section 11 '8asic Finanaal Instruments, and Section 12 '0ther Financial
Instruments Issu8s' of FRS 102 to all of ils financial Inslrum8nt8.
Financial instruments are recognised in the Trust's balance sheet when the Trust becomes party lo the contractual provisions of
the iDslrumeDI.
Financial 855els and liabilities are offset. with the nel aTnount5 presented in the financial Statements. when there is a ￿gaI
enforceab￿ right to sel off the reGognised amoun15 and there is an intention 10 settle on a nel b0515 or 10 realise the as5el and
settk Ihe liabilty 5imuttaneously
Basic fin8nci418ssets
Basic financial assets. which include debtors and tash and bank balances, are m&a$ured at transaction pr￿ Including transaction
C08ts. Financial ass8ts da88ff￿d 88 r8c8ivabk within on& year are not amortised.
Baslc ftnanclal IlabllAtles
Basic financial liabilities. including creditors and bank loans are recognised at Irans8Ction price. Financi81 liabilities classified a5
payable within one year are Dot 3morti5ed.
Trade creditor5 are Obligat￿n5 to pay for goods or 5erviGe5 that have been acquired in the ordinary course of operations from
suppliers. Amounts payabl& are classified as curr&ni liabilities If payment Is due wrthin one y&ar or less. If not. they are presented
as non*u[￿nt liabilities. Trade trediiors are retognised al transadion pric¥.
10-

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
AGGovnting poliGie5
(Continued)
D8recognltion of sln8nclal Ilabllltles
Financial liabililie5 are (lerecognised when the Trust'5 Contractual obligation5 expire or are discharged or CaN￿l￿d.
1.11 Taxation
The chÈnly 1$ exempl from lax on income and gains falling within sedion 505 of the Taxes Act 1988 or sedion 252 of the Taxation
of Charge8ble Gains Act 1992 to the extent that thÈse are applied lo its Charitab￿ objects.
1.12 Employee benefits
The cost of any unu58d holiday enlrtkmenl is recognised in the period in which the employee's $8rvice5 are received.
Temiinalion benefits are recogni5ed immedialety as an expense when the Trust is demon5trsbty comrnitted to lerminale the
employment of an employee orto provide termination benefits.
1.13 Retirement benefits
Payments to defined ¢ontribulion retirement benefit s¢hemes are ¢harged as an exp&n$e as they fall due.
CritsGal aGGounting estimate5 and judgerner
In ItTre 8pplication of the Tru5t'5 accounting policie5. the trustees are require(I to make judgements. eslimales and 855urnplion5
about the carrying ètnount of assets and liabilities thai are not readity apparent from other sources. The esiimales and associated
as$urnption5 are based on historiGal experEnGe and other f3Glors Ihal ale Cons￿e[e￿ lo be re￿Vant. AGlual results tnay differ from
these Èstimates.
The &stim8tes 2nd und&rfying assumptions are review8d on an ongoing basis. R8visions lo accounting eslimale8 ar8 recogni88d in
th& period in which the estimate is revised wh8r8 the revision aff8cls onty that period, or in the period of th8 revision and future
periods where the revision affects both current and future periods.
Donations and legacies
Unrestrlcted Unrestrlcted
Restrlcted
Total Unrestrlcted
fund5
funds
fund5
fund5
general
2025
designated
2025
yeneral
2024
2025
2025
Donations and gifts
Legacies receivable
Grants receivable
1,188
400
1.588
2.378
14,625
2,378
11.970
14,625
15,813
2,378
400
18.589
11.970

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
char￿able actlvltles
Charftsble
Charltablo
activities
2024
2025
Stewardship
Licences, rent and wayleaves
Basic payment scheme
285,184
32,482
26,013
97.333
30.297
34.485
343,679
162,115
Anaty$i5 by fvnd
Unre8tricl8d funds- general
Restricted fund5
343,679
159.615
2.500
Investments
Unr8Strlctsd Unrestrlcted
Restrlcted
Total
fund5
fund5
lund5
general
2025
deslgnated
2025
2025
2025
Interest recewable
14.899
75
362
15.336
Unwtri¢ted Unmtri¢ted
funds
funds
general
designated
2024
2024
Restricted
funds
Totsl
2024
2024
Interest r8cÈniable
9,861
150
390
10.401
0th8r Income
Unrestrlcted Unrestrlcted
funds
general
2025
funds
general
2024
Sundry income
85
260
12-

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
char￿able actlvltles
Charitable
expenditurÈ
2025
siaff costs
Toial
2025
Charitable
expendit4Jre
2024
Staff ¢osts
Total
2024
2025
2024
Staff costs
Hire of plant and machinery
Drainage rates and water
Insurance
R8P8irs and maintenance
Subscriptions
Land agent's feès
Trusl*s' exp&nses
Legal fees
Other sp8cialisl fees
Staff and volunteer
expenses
Printing expenses
Aerial and other
photography
Website ¢ost$
Irrecoverabk VAT
Bank Gharges
other chari12ble Èxpenditure
44.273
44,273
29,619
2,585
3,278
204,204
43,300
43.300
29,819
2,585
3,278
204,204
2.466
3.024
67.982
632
963
2.466
3.024
67.982
632
963
3,544
1,242
733
4,817
3,544
1,242
733
4,817
1.062
15.669
5.900
1.062
15.669
5.900
7,022
2,010
7,022
2,010
4.990
463
4.990
463
1,320
145
2,276
107
1,796
1,320
145
2,276
107
1,796
1.600
120
4,848
95
1.600
120
4.848
95
266.009
44.273
310,282
109.814
43,300
153.114
Grant funding of activitie5
(see note 81
Shar& of governance c08ts
(see not8 91
5.000
5.000
4,394
4,394
3.302
3.302
270,403
44.273
314,676
118.118
43,300
161.416
Anaty$i$ by fvnd
Unre8tricl8d funds- general
Unrestricted funds-
designated
Restricted funds
284,143
44,273
308,416
108,629
43,300
151.929
5,450
810
5,450
810
2.672
6.815
2.672
6.815
270.403
44.273
314,676
118.116
43,300
161.416
Grants payable
Charltsble
expendlture
2024
Gmnls to inslitution$-.
North Yorkshire Moor8 A880cialion
5.000
13-

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Support Costs
Support costs Governance
costs
2025
2024
Independent examination fee
4.394
4.394
3.302
4.394
4.394
3.302
Analysed between
Charitable activities
4,394
4,394
3.302
10
Trustses
There were no trustees, remuner8tien or other benefrts for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Expenses In the surn of £1,242 12024.. £1.0621 have been reirllbur5ed lo two Iruslees 12024.. two) during the year. These
reimbursernenls are in respect of travel. postage. 5talionery and sundry expenditure incurred by the Iruslees in the running of the
Trust. At the year end £139 (2024 £2281 wa5 ou15tanding
During th& year one trustee loaned the Trust £14,OM12024.- £nill, which was fully repaid during the year.
11
Employee5
The average number of empbyee5 during the year was".
2025
2024
Number
Numb&r
Employment Gosts
2025
2024
IIWdge$ and salaries
Other p&nsion costs
42.299
1.974
41.326
1.974
44.273
43.300
There were no ernployees whose annual remuneration was more than £60.000.
14-

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Intsnglble fixed assets
Fishing Tights
Cost
Al 1 April 2024 an(131 March 2025
32.572
Amortlsatlon and Impalmi8nt
At 1 April 2024 aD(131 March 2025
Carrying amount
At 31 Mar¢h 2025
32.572
At 31 March 2024
32.572
Tangible fixed assets
Freehold land
Cost
At 1 April 2024
Additions
2.111.514
5.000
At 31 March 2025
2.116.514
Carrying amount
At 31 MarGh 2025
2.116.514
At 31 March 2024
2.111.514
14
Debttsrs
2025
2024
Amounts falling due wthin one year..
Trade debtors
other debto
8.619
23.841
53.732
1.560
5.130
27.887
Prepaymen18 and accrued income
86.192
34.577
15
Assets held for sal8
Ouring the y&ar the Trust purchased land with the financi81 support of the Friends of Lower D8rw&nl Valley. In order to r8p8y the
loan of £80,601, the Trust will transfer a portion of the land purchased lo the Friends of Lower D&rwent Valley. The value of the
land lo be transferred is £82,530.
15-

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
16
Loans and overdrafts
2025
2024
Other loan5
80.601
Payable within one year
80.601
Carslairs Countryside Trust CIO has agreed an inter8sI-free loan of £80.601 from the Fri8nds of Low8r Derwenl Vall8y to f8cilitale
the purchase of18nd. Post completion an agreed section of the land will be transferred lo the Friends of Lower Depwenl Valley by
way of extinguishing the loan.
17
Cr8dltor8.' amounts falllng due wlthln on6 year
2025
2024
Borrowings
Other creditors
Accruals and deferred income
80.601
2.685
26.365
8,241
11.857
109.651
20.098
16-

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
18
Restrlcted funds
The in¢otne funds of the ¢harily inGlude restrithed funds compr￿l￿g the following unexpended balances of donations and grant$
held on trust forspecrfic purposes-.
Movement in fund$
Income
Balanc8 at
1 April 2024
Expendlture
Transfers
Balanco at
31 March 2025
Land Con5er¥ancy Fund
LOT Fund- Skipwith
Collingwith Lock Pastures
Hearts and Minds Project
1.655.193
9.943
3.083
2.281
1.855.193
10.178
3.162
1.919
235
79
448
18101
1.670.500
762
1.e70.452
Movement in fund5
Income
Expenditure
Balanc8 at
1 Aptll 2023
Transfers
8alanc8 at
31 March 2024
Land Conservancy Fund
LOT Fund- Skipwith
Cotlingwith Lock Pastures
Heart5 and Minds Project
1.655.193
9.733
2,975
6.524
1.855.193
9.943
3.083
2.281
210
108
2,573
16.8161
1.674.425
2,891
16.8161
1.870.500
Restricted funds represent monES lo be used for the following specrfic pu￿Ose5..
Land Conservancy Fund
The Trust identifie5 land for the Land ConseTvancy Fund that it fee15 meet ils Griteria for ongoing environmental conservation.
StEcific funds are raised lo purchase the land. The Trust'5 8im is lo keep or return land in a way that will maintain andlor enhance
the floo and faun) or other feature5 of countryside ¢on$ew31ion interest forthe benefit of future generations.
Light OvAerTrust {Skip￿thI
Tr& charity holds r8s1rict8d funds which are to be Spent lo furth8r nature conservation on Skipwith Common al the behest of and
approv81 by Natural England.
COtting￿th Lock Pastures
Grant funding recewed frorn Natural England towards the c05t of practical works al Cottingwilh Lock Pastures. The transfer reL91es
to staff costs incurred on the project in the year.
Heart5 and Minds Project
Grtnl funding re￿iVed from Natural England towards the c05t of a Small Heart5 and Mind5 ProjeGI in connedion with the Lower
Derw&ni Valley National Natur& Reserve. Hearts and Minds is to encourag& natur& recovery and r&spect of the need of the wildlrf
of the intemational Importance of the low&r Derwent Valley.
17-

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
19
Deslgnated funds
The incotne fund$ of the Gharity inGlude the following design3led funds which have been sel aside out of unre$triGled funds by the
trustees for spec￿lt purpos&s-.
Movement in fund$
Income
Balanc8 at
1 April 2024
Expendlture
Transfers
Balanco at
31 March 2025
Sykes legacies fund
5.997
2,451
15.4501
2.998
5.997
2,451
15.4501
2.998
Movement in fund5
Income
Expèndlture
Balance at
1 Aptll 2023
Transfers
Balancè at
1 Aprll 2024
Sykes legacies fund
8.519
150
12.6721
5.997
8,519
150
12,6721
5.997
Sykes legacies fund
The Iruslees designated the ￿g3CleS received from Mary and Denni5 Sykes to be spent on projects in the Lower Detwent Valley
which w85 well known to both donors.
Analysi5 of net assets betsveen fund5
Unrestrlcted
tunds
202S
Deslgnated
funds
Restricted
tunds
Totsl
2025
2025
2026
Fund balanc88 al 31 March 2025 are represented by..
Intangible fixed asset5
TaThg1b￿ assets
Current asselsllliabililies)
32.572
461.321
501,404
32.572
2.116.514
519.661
1.655.193
15,259
2,998
995,297
2,998
1.670.452
2,868.747
U￿￿trI¢t¢d
funds
Designated
Restricted
lunds
Totsl
2024
2024
2024
2024
Fund balancwts al 31 March 2024 are represented by..
Intangible fixed asset5
Tangib￿ assets
Current asselsllliabilitEsI
32,572
458.321
440,344
32.572
2.111.514
461.648
1.655.193
15,307
5,997
929.237
5.997
1.670.500
2.805.734
18-

CARSTAIRS COUNTRYSIDE TRUST CIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
21
Flnanclal commltments, guarantees and contlngent Ilabllltles
The Trusi pledged Iwo conditional grants lo other registered rharities being £10,000 to the Har0￿ Dean Charity (Reg No". 2668501
and £25,000 to The Deepdale Conservation Trust. (Reg No." 12118851.
Related party tranSa￿l•n$
There were no di5Glosable related party IransaGtion5 during the year 12024. nonel.
19-