Charity number: 1202831 The Bowen Foundation Unaudited Trustees. report and financial ststements For the year ended 30 April 2026
The Bowen Foundatlon Contents Paga Reference and administrative detall8 of the Charity, its Trustees and advisers Trustees. report Statement of financial activitie8 Balance sheet Notes to tho finan¢lal statements 6-11
The Bowen Foundation Reference and admlnlstratlve details of the Charity, its Trustees and advlsers For the year ended 30 Aprll 2026 Trustees J Boraston A Horton J Horto D Tuson Charlty reglsterèd number 1202831 Prlncipal offlc• Suité 2, Orchard House Orchard Street Canterbury Kent CT2 8AR Accountants Kreston Reeves LLP Suite 2 Orchard House Orchard Street Canterbury Kent CT2 8AR Page 1
The Bowen Foundation Trustees. report For the year ended 30 April 2026 The Trustees present their annual report tog6th8r with the financial 5tstements of the Charity for the year 1 May 2025 to 30 April 2026. Objectives and activities Pollcles and objectives The Ch8rfWs obl8ctlves are to promote the conservation of the physical and natural environment by promoting biodiversity through activities such as (particularly bul not exclu5ivelyl, pond digging and glade clearance. The advancement ol education for the public benefit in nature conservation and the enhancement and protection of blological diversity to advance such objects or purposes as ar8 8xclusively charitable according to the law of England and Wales as the Charity TrLtstee5 see fil from time to tim8. In setting obleclives and planning for activtlies. the Trustees have giv@n due consideration lo general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a charity (P821'. Achlevemenls and perforn)ance . Summary of Activities The Charity remained domiant for accounting purposes during the financial year, with no financial transactions taking place. The Charity will be unlikely to incur expenses while the Irustees review its strategic direction and fLrture fundirig opportuni118s. How8ver, the Charity continues to deliver ils charitable objectives through volunteer efforts for weed control and replacing failures upon the land. For 2026127 financial year. the Charity are not planning lo undertake any significant charitable activities or make grant distributions, however, the Charity may have to organise maintenance of the woodland i.e. pruning and removal of poor-quality stems which could be an expenditure as we will need a professional arboriculturfst. Th8 Charity will be unlikely to incur expenses while the trustees review its strategic direction and futur8 funding opportunities. Adminislralive activities were limil&d to maintaining the CharitWs legal and regulatory obligations, financial managoment, and compliance requirements. Flnanclal review . Golng concern Th8 trustees have cor)sidered the Chariws financial position and future prospects and are satisfied that the Charity remains a going concarn. Athough the Charity has been dormant and has not carried out active charitabl8 programmes during the year, it eontinues to hold sufficienl resources to meet ils liabilities as they fall due and lo maintain its operations. For thi5 reason, they continue lo adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in th8 accounting policies. b. Reserves pollcy Suffictent roserves will be maintained to ensur6 at18aSt 6 months, costs can be mel. Slruclure. governance and management a. Constitutlon The Bowen FOUndaOn Is a reglst&r8d tharity, number 1202831, and 18 constituted under a Trust deed. Pag@ 2
The B4xven Foundation Trustees. report Icontlnuedl For the year ended 30 Aprll 2026 Structure, governance and management (continued) b. Methods of appolntsnent or election of Trustees The management of tha Charity is the responsibility of the Trustees who are elected and COwOPt8d undor the terms of the Trust deed. Plans for future perlods Over the next year, the Charlty will be contlnulng lo focus on promoting the conservation of the physical and natural environment by pmmoting biodlverslty through activtties such as pond digging and glade clearance at Larkey Valley. statement of Trustees. responslbllltles The Trustees are responslble for preparing the Trustees. report and the financial statements in accordanc8 with applicable law and United Klngdom Accounting Sl8ndanls (United Kingdom Generally knepted A(xounting Practic81. The law applicable to charities in England & Wales requires the Trustee9 to prepare financial statements for each financial whith give a Irue and fair vlew of the slate of affai of the Charity and of tts incoming resources arKI appli(xtion of resources, including ils income and expendtture. for that perK)d. In prepartng these financial statements, the Trustees are requir6d to: select suitable accounting policies and then apply them consistendy- observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimat8S that are reasonable and pwdent. stste whether applicable UK Accounting Standards (FRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements- prepar8 Ihg financial statements on the going concèm basis unless it is inappropriate to presume that the Charity will tx)ntinue in busin8SS. The Trustees are responsible for keeping adequate accounting records that are SLrfficienl to show and explain the Charitys transactions and disclose wth reasonable accuracy at any time the financial position of the Charity and enabl8 them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They ar8 also responsible for safeguarding the assets of the Charity and heno for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of thè board of Trustees and signed on their beha by. J Horton Date: Page 3
The Bowen Foundation Statement of flnancial activStles For the year endgd 30 April 2026 Unrestricted funds 2026 Total funds 2026 Totsl funds 2025 Note Income from: Donations 2nd legaGies Other income 45,000 11,250 1A75 1,475 Total Income 1,475 1.475 56.250 Expenditure on: Charitable activities 1,337 1.337 5.203 Total 8xpenditure 1,337 1,337 5,203 Net movement In lunds 138 138 51,047 Reconctllatlon of fundg., Total funds brought forward Net movement in funds 78,037 138 78.037 138 26,990 51,047 Total funds carrled forward 78.175 78,175 78,037 The Statement of financial activities includes all gains and losses recognlsed IN tho year. The notes on pages 8 to 11 form part of these financial ststements. Page 4
The Bowen Foundatlon Balance sheet A5 at 30 April 2026 2026 2025 Note FExed assets Tangible assets Current assgts 25.000 25,000 Debtors Cash at bank and in hand 11,250 45,730 55,575 55.575 56,980 Current Ilabilities Creditors- amounts falling due within one year 12,400) (3,943} Net current assgts 53.175 53.037 Total assets less current liabilities 78,175 78,037 Total nel assets 78,175 78,037 Charlty funds Restricted funds Unrestricled funds 10 10 78.175 78.037 Total funds 78,175 78,037 The financial statements were approved and authorised for issue by the Trustees and signed on their behaEf by. Ji J Horton Date.. 7/ 7/ 2 The nolas on pages 6 to 11 fomi part of these financial statements. Page 5
The Bowen Foundation Notes to th8 financial ststements For the yaar ended 30 April 2026 General Information The Bowen Foundats'on is a charitable Incorporated organisatlon, with charity number 1202831. and Is regisler8d in England and Wales. The Chariws registered office is 37 St Margaret's Street. CanterbLtry, CT12TU. A¢countlng pollcles 2.1 Basis of preparation of linanclal statemenls The financial ststem8nls have been prepared in accordanc8 with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Stalament of Recommended Practice applicable lo charities pparIng their accounts in accordance with the Financial Reporting Standard applicabl& in the UK and Republic of Ir8land IFRS 102) (effective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Charities Act 2011. The financial statements have been prepared to give a Irue and faiff view and have departed from the Charities {Accounts and Reports) Regulations 2008 only to the extent required to provide a Yrue and fair, view. This departure has involved followng the Charities SORP IFRS 1021 published in October 2019 r8ther Ihan the Aceounling and Reporting by Charities= Stat8m8nt of R8commenLl8d Pradic8 affactive from 1 Aprll 2005 which has since been withdrawn. The Bowen Foun(lation meets the deflnillon of a public benefit entty under FRS 102. Assets and liabilities are initially reo)gnised at historlcal cost or transaction value unless otherwis8 Staled in the relevant accounting pollcy. The financial statements are prepared In British Sterting and are rounded to the near8St Pound. 2.2 Going concern The Trustees assess whether the use of going concem is appropriate i.e. whether there are any material uncertainties related lo events or conditions that may cast signrficant doubl on the abilty of the Charity to continue as a going concem. The Trust6es make this assessment in respect of a period of al least one year from the dale of authoris81ion for issue of the financial statements and have conclude(I that th8 Charity has adequat& resources to continue in operational existence for the foreseeable future and Ihgre are no material uncertainlios about the Charitls ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements. 2.3 Income All income 18 r8cognised once the Charty h8s entilement to the inme, it is probable that the income will be received and the amount of income receivable can be measured reliably. other income is recognised in the p8riod in which it is receivable and lo the extent the gOIS have been provided or on completion of th8 Service. Page 6
The Bowen Foundation Notes to the flnanclal staternents For the year ended 30 Aprfl 2026 Accountlng pollcles (continued) 2.4 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of enoMiC benefits will be required in settlement and the amount of the obligation can b8 m8asur8d raliably. Expenditure is classified by activity- The costs of each activity are made up of the total of direct costs and shared costs, induding support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly to that activity- Shared costs which contribute to more than one activity and support costs which are not attributable lo a single activity are apportiongd be68n those activities on a basis consistent with the use of resources. Central staff costs ar8 allocated on the basis of lime spent, and depreciation charges allocated on the portion of the ass8Vs use. ExpenditLJre on charitable activities is incurred on directly undertaking the activities which fvrther the Chariws objectDies, as well as any associated support costs. All expenditure is inclustve of irrecoverable VAT. 2.5 Glft Ald In the case of a Gift Aid payment made wllhln the Group. income is arLrued when the payment is payable to the Par8nt Charity under a legal obligation. Measurement is at the fair valu& receivable, which will normally be the transaction value. Where the right lo receive Gift Aid has been established, the amount receivable Is recognised as other charitable incx)me in the Slatemenl of financial activities. 2.6 Taxatlon The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets Éhe definition of a charitabl8 company for UK corporation tax purposes. Accordingly, the Charity is potentially exempl from taxation in respect of Income or capilal gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxalion of Chargeable Gains Act 1992, to the extent that such income or galns are applied exclusively to charitable purposes. 2.7 Tangible fixed assets and depreclatlon Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impaimient losses. All costs incurred to bring a tangible fixed asset into its inter¥Jed working condition should b2 includad in the measurement of cost. Depreryation is charged so as to allocat8 the cost of tangible fixed 8ssets less their residual value over their estimated useful lives . Depreclation Is provided on the following basis.. Land not depr8ciated 2.8 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Page 7
The Bowen Foundatlon Notgs to the flnanclal statements For the year ended 30 Aprll 2026 Accountlng policies (continv8d) 2.9 Cash at bank and In hand Cash at bank and in hand includes Ixsh and short-t8rm highly liquid investments with a short maturity ol three months or less from the date of acquisition or opening of the deposit or similar aGGount. 2.10 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet dale as 8 result of a past event, il is probable that a transfer of economic benefit will be required in setuement. and the amount of the settlement can be estimated reliably. Liabililres are recoynised at the amount that the Charity anticipates it will pay to seWe the debt or the amount il has received as advaTd payments for the goods or services it musl provKIe. Provisions are measured at the best estimate of the amounts required lo settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts. discounted at the pre-tax discount rate that r8flects the risks specffic to the liability. The unwinding of the discount is reoognised in th8 Statement of financaal activities as a finance cost. 2.11 Financial in8truments The Charity only has financial assets and financial liabilities of a kind trtat qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequenty measurad at their settlement value with the exception of bank loans which are subsequenty measured at amortiS8d cost Using the effeotive interest mothod. 2.12 Fund accounting General funds are unrestritrted fvnds which are available for use at the dlgcretton of the Trust8es in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Income from donatlons and legacies Unrestricted fund5 2026 Total funds 2026 Total funds 2025 Donatlons Donations 45.000 Total Donatlons 45,000 Total 2025 45,000 45,000 Page 8
The Bowen Foundation Notes to the Ilnanclal statement5 For the year ended 30 Aprll 2026 other Incomlng resources Unrestri¢tsd funds 2026 Total funds 2026 Total funds 2025 Gfft Aid 1,475 1,475 11.250 Total 2025 11,250 11,250 Analysis of expendlture by activities Support costs 2026 Total funds 2026 Total funds 2025 Charitable activitS 1,337 1.337 5,203 Total 2025 5,203 5.203 Analysis of support costs Charltable actlvllles 2026 Total funds 2026 Total Jnds 2025 AcGountancy fees 1.337 1.337 5,203 Total 2025 5,203 5.203 Trustees. remuneration and expenses During Ihe year, llo Trust88s received any remuneratitin or other benefits (2025 - £NILI. During the year ended 30 April 2026, no Trustee expenses have been incurred12025- £NILI. Page 9
The Bowen Foundatlon Notes to the flnancial statements For the year ended 30 April 2026 Tangible fix&d assets Land Cost or valuation At 1 May 2025 25,000 Net book value At 30 April 2026 25,000 Debtors 2026 2025 Due within one year Tax recoverable 11,250 11,250 Creditors: Amounls falllng due within one year 2026 2025 Accruals and deferred Income 2.400 3,943 10. Statement of funds SLilement of funds - Current year Balance at 30 April 2026 Balance at 1 May 2025 Income Expendlture Unrestrlcled funds Geneml Funds 78,037 1.475 {1,337) 78,175 Pag8 10
The Bowen Foundatlon Notes to the Ilnan¢ial statements For the year ended 30 April 2026 10. Statem•nt of funds {continuedl staternent of funds - prior year Balance al 1 May2024 Balance at Income Expenditure 30 April 2025 Unrestricted funds General Funds 26,990 56,250 (5,2031 78,037 11. Analysis of net assets between funds Analysls of net assets between funds . current year Unrestrictsd funds 2026 Total funds 2026 Tanglble ffixed assets Current ass8ts Creditors due within one year 25,000 55,575 12,400) 25,000 55,575 12.400) Total 78,175 78,175 Anatysls of net assets belween funds - prior year Unrestricted funds 2025 Total funds 2025 Tangible fLxed assets Current assets Creditors due within one year 25.000 56,980 13,9431 25.(Y)O 56,980 (3.943) Total 78,037 78.037 12. Related party transattlon$ During the prior year, Truste8s made cumulative donations of £45.000 to the Charity12026'. £Nil). No other relaled paty transaclK)ns occurred during the current or prior periLKI. Pag8 11