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2023-12-31-accounts

RErAsrEAED CHARITY NUMBEL. 215278 lor the Ye)r Efyd 31 X123 The 1101￿ hrtner5hlp Ltd Chartffed Accountonts Harcowt W Idlan Park LE19 IWP

John LoniwIll￿ Aylailtural Contertsol the FIna￿tal St•t•nwnts for th• Y•ar Ended 31 O¢emb+r X123 R4portaf th•ThNes 2 19 4 petht Examl#erts BdluKe Sheet Ilot¥ t4 tlv Plnandal St•t￿ B to 18 PoW¢d Statefftent￿ ACUVRI 19

John LonqwEII% A$rf¢ulufral kheme lieference and AdmlntstraU¥p Det•lls for the Y¥•r Ended 31 b•t8rnbÈr 2023 TRusfEES PCOY) P A Abbott C A Clarke J W Stathy PRINCbtsAL AD(KSS i BerrtdBe Strtet Lelcester LEI SJT REGISTERED cHAK￿y NLW Zi5278 IxDEPEl￿EHr EKAIIJNER ￿8rC￿Jrt Wry [£19 l¥•P CLERKAl￿ADI￿NISrRATl0H Bacon FCILEX i eerrfdqe Street Lekester LEI 5JT 13rilterC IxF( 7 DomnHtsWay IE19 Iftp PRINapAL BAN UffjthTSB pk 7 w siJoet Icester LEI 4FP

Jolth L4ng¥vlll'5 Awkultsni khtm Report of th• Thist•es lor th• Year Ended 31 DKents 2023 Tho tfU5te¢5 wesent tttr rer)rt wlth the fIna￿l7[ statéments ot clwfty far ts year 31 Doreirtx 2023. The tnjstees h4ve athpied the proTrAsiw of AccfY)ntfns and ReFffllnB ty Charltlos: Statoment of kne¥thd Prnctkn apotable to ctsrltfes preparing Ihelf ac£qmt5 In accordance wlth the FIna￿la1 Rffportlryd Stanthrf wllcthe In thg UK l￿d Repubuc of Ireland (FRS 102) (effectl¥e 1 January 20191. The flnancl ststLwersts ha¥e W pryred M accorthfKe wlth the potitles set ￿t kn notes to the aCc¢)￿ts and (Wy wlth the charity¥ goyernkng dLKum¢n( thfr (￿rIlle5 Att 2011 and Accountlng 4nd Rep)rtlftg ty Charft￿. Statthnent of Recornrnended Practlce to chwiiies prepJrfnK thelr 4tCLwnis in acwdartt wlth the FlnDndal Reming Siandard appllcable In thè UK Republ1¢ Df treiand pubU5hcxl In Ctr£&ef 2019. APID AcfMTIE5 prlnclpal (JJectiye of tte dwty pffLy￿tkn of tr agrlculiwal ctyJnty of le1￿terkn thfw4h maklroa grants to ¥proprfate kntllthks and 5nd1rfd￿lL gobtrrth¥ Ir&tr￿t also Ilnarthl o551staKe for Y•m8 Farn￿S the county of Lekestershlre for 5luder Ott￿thn¥ agrfÉuicwal colLges. The that ha￿ referr￿ (o the qthdarKe ￿nIo￿led In the C￿1ty 2Èrral ￿}C benefit Tevlwlng the tnsys #ims and objectkn piwtsi futuie acimtles andsetthry tr grant rAlky lor the year. Athl¢¥•rrrrts Thè obiecthy ts P￿￿5paUY xhknTd by of grants orloans elther directly to farmers or f¢r th¢ of or mltigating th• ats of ethKatkn at Jm jgrkultural c4L •nyJrfng thè fuur¢ of the ryrioAtwal Indwtry. C17,9))). 7t truytees the objectp￿SWere all rrt ￿Y￿. trLUttts actlveEy promote the 4bJectkn of the strr8e by aFvvlate a¢fverttsement. hlxd of mouth nd ottRf SUitèbi• promoith ￿ throuBh AgrlcuiturnL Colle8es prothl the reopSs)ts are basèd ITI Thwe have Lwi ITr trurtees. Fdlci# duthw the fi[w￿la1 yw. The p￿$￿¢ b¢eflt ts sewTht ty ¥5 vhde an authen￿ as p0S￿ble Is reached wlth prorrokn. To this ené the t￿Stee$ comfslonod the deVelLT¥￿￿Trt of a f4tbe whlch 15 ¥thY in opèrdtlon. grant ￿11￿ tho tntst•e5 to 8lYe as wldtr b ¢knnltkn ￿ ￿$sIbLe ol agrtutbjre and the trwtee5 to appty to the Chpthty CMurthlfAI to IAtluée hortluAtyre ff 5nsufIf¢l￿¢ area of benefit. trustees ffthi%or wltrjttwb of grant Old. we5. wlwe k Is appyrt the rn4kkn8 01 8rat)t adAeved success. appllcant be for a lE¥t1￿ wiKatkn. Pa8e I

Jom Lon8wIII'5 A8r1e￿tfftl Stheme Report of Il Truste for the Yw Ended 3113ec•ffiber 2023 ACHEEVEMEtff •WD PERFOPM4NCE Ivw51mèrit wllcylperforman<e and obJectlve5 The trustees ha¥e unre#rtcted powers of Inyestment. Tfurt Deed. thè are Lry￿wered to Invest fn a wide ra￿ of Iwntmts Incl￿ I&￿8. The tn￿tee5 afe of oplnioTr, t￿, that the ¥)bJoctlves of the trust a￿ test seryed ty maxlmlsfng Income to provlde STarrt ald for or ex￿¥ JgrtuLtLnl txrylne5ses and to • akl at tlme5 of hafdshlp ff there ts a reayywbk IIkeltr￿d of the ertffptse rerovety from hardshlp. The trustees consl4er tFffjt lAveStfi￿ we 5wn(Ay bas¢4a tri sTheTnment xyrttles arld blue chlp stoths Mdth the objectlve of tsr+Thtln¥ ftK trKome ahd the pro¥eci of lorw.tenn capstal $rowth. Thelr 4ttku£k¥ to rtsk 5$ ffdium to l<M thls deflnttknn ts applled by the dwltys I￿￿ment managers In ur%dettskltsg t￿r rvthi and of the ytfollo. FINANCL4L ItEVIEW Flnancw ¥￿Tr The clwlws wtyk Is ertlreiy ￿1knt on and In¥#nMt retwns frthn ttsenO)wML The perfOrn￿￿e of the Urated XlngdMI Stock markrt In sem to have pithed w) from 2022. The tonditions of ￿ mark¢ts has resulted In ￿ kn¥e5uHents pwifolto Val￿ teing tncreased thts year by £19D.959.. IFhthent frlds kn 2022 were fn an3 3.2%. C05ts weie contthed e)¥trtatkn. knrrthngly. tr• pet belrfe gr￿ ¥0$ £38,5ll Q022 . E31,487). Grants made d¢Nlng the ￿ar arntrted to Qa,9XI QOU . £17,51XII I￿11th¥ 51 an wreKrkioJ wrplw carTled foTrnrd 01 t9￿3 Ixln. È13,9871. Res•r¥es Polky The irwlees alm to fret Teser¥u In wrestricted fwu15 at a le￿ %•ltth eq￿5 to•Jproxknatdy tyrtlve mrAth5 of costs ar41 dritable trxpendlture. The inJ5tres cortslder thBt thb WAI prowde skrfltclènt ILmd5 to resptyKI to appllcation5 grants. At 31 December 2023 th? funds avaliabie for gr4nt5 aftd runnFftR CD5Lq were £1%.584 thereby lfyating trmi approximately £95,fKIJ 15 avaliable for grants for the sear to 31 LcemLw 2024 In adthtlon to fufjd5 8erernted ID that fftr. Balarxe of ftmd at theyeèr £136.584 and en{knW￿ f￿d was El.885￿￿. FirruRE PIAHS The charltys tnJSt¢¢s aim to W¢)YtrJe a i￿￿et terni c(fft￿1n￿t to ayl¢Jltural fjnd￿try by fjjndlng tducAVthal COUTSf5 as well as fftting &lmnwYate Tewirwnents of certaln frn, sd5vme5. sThvcnfftL GOVER14ANCE ￿lD IAiJIAwiiNr Governirf d￿Ument The ch¥lly was Ori8knaQy est&ttshed & xheme d tte CIwKery Dlvtslott of the Court of Athce dated 19 Octcéer 1936 purw&)t to the Wlll Trust af the Late Mr. John ionTryll. A deed dated 7 Cttober 1981 eth115L¢d a fw the rewlauw of t￿ d￿rIty. The ththty is a trust governed by tTUSte¢s. twrtees ar brfefed on thelr legal obilgatknns dwlty law¥ and on the conteftt of the for the regtllatlon of scheme together wth the dedth I￿king proce55es and the reC￿t 11n￿da[ perfonrvtt of th& schem. flustees are erthjraged to at￿￿1 ttpproprlate externol traf￿1￿ where these 7AII facilTtate ￿ und¥takkng of ihelr role.

Johft Loniwlll's Wcukural ScheoK Reptsrt gf the Tn@trps for the Y••r Eftded 31 Do¢ernbÈt 2023 STRLicfuRE. GOVERNANCE AND hllNAGEMENT R15k mnagemenL The tnThlees have a duty tr) Id￿t￿¥ PA4d re¥te￿ tt r15ks w T•kTfth tt thartiy Is exp)$8d a)d to er&vre appEvprlate controls ère h) Pl￿ ts> PFovSdt reasonth awaKe •qahst fraud and erfor. ' an vnual rethiof thfr Tbks the fatè; ' the e4èbl1s￿Iwnt of 9steffS aryj to nfftigate those rtskts ldentffI￿ In thè ' thg {n¥tsm￿tatkn of protldwes +51gr£d trj poterrtlal dtect ts) ￿ dwlty shO￿d those rtsks Thai¢rtattse, prlntw thrth)t k) dwdty are the rl of Investmrt and tjodlnmg fiKorRe putt tr èmd r8fft5 pc4lLy at ro¥ed by order gf tl bwd ol tnmtetsffj 11 Iir14 4nd sbxd ￿ tts hehatf by.

Intspendent Examlner's Rep)rt to the Tru5teps pf JolY4 Longwlll% Aqrl£ulturf Sctr Independent examlmtrg rtyort to tho trusl•K of John Lon8wIII's AirlcultiEral Scheme I reprirt to the charfty trustees Dn ny txarnlmtlon ol the 4ffounts of JDhn LonTrylEI's Aqrkthturél Scheme Trust) fot the year •nded 31 Dwber ZOZ3. Responslbllltles and bots of report A5 chaflty UIW¢es of the Trustp you are rew51ble for the ol acco￿ts In accord 'th th T¢qulrements of Charftles kt 2011 (the Att). l Teptsrt th resFeci ol ￿m￿alkn of the Tnrfs t411￿ Sec¢5on 145 of the Act ènd In carrylfig 4ui my exafnlnuik¥) I ha¥e follvEd Otr¢¢tknns thn by the Cfrkiilty Comm1$51Dn under 5ecifort 1451511bl of tPo Act. Indwndent •nmlnerfs Stattr￿t I have rxm)plttsd exarnlnatlon. l ¢￿I￿n thot no materlal matttts to my •tt•ntl¢n o)nrt•ctl¢n wlih tl ex4ml￿tIon eivlng ¢ause to belI￿e ihji mut¢rtal f¢WC¢: rotwth ￿lE knpt In respect of tr¢ Tnut J5 twlr•d by 5ectloft 1x1 •f ￿ A¢. iy the accwnts do rnt attord wlth those recorth,, or the accowls do T¥Jt <wly Thlth the applkl)l• cowrnlng the fomi ond content of accouftts t In Chthtle5 IAtt¢Lfftts and Rewtsl Regui&tSon$ 21))8 other than Tlqulrrn that thp ar£tyvrtsgSve ￿dI1￿ YwtNhkh Is a fftatter Cors￿dered as part of Indtwthnt examfnatkn. I havt rKI •1 no rflr maitets tn tr ta whlc Paula Sw•M. jor￿ FCA Th Rowlefi Ltd Ilarc£xrt Wty llerirtl￿ 8t4lnessPa Lekestvr LEI9 IWP Duttr. 11 Jun Xll4

Statement of Flnanclal Actmtles Igr the Y4r Efided 31 l>ec•m￿ 2023 2023 Tts￿1 lund5 2022 Tot81 fwid5 Uwo#rtcted En(knmefti INCOIIE AND £I￿oWN￿NIs YA¢l¥ Other trad0￿ artfvlyes 19,Z75 19.275 19,175 69,348 Clwttsbl• actlyltt 28,920 2,84) 17,XX) 6,305 Cknartiable Actl¥ile5 Net 8afnsl(kns1 on 9,053 86.261 Total fi%ts IKwght forwafd 126,931 2.81Yi.( 1935,995 3,013,(p)3 The notes form part of ttse statanwnt¥

John Lorwrtll's AylCUttw￿ Sclm• 8)lance st￿et 31 December 2023 2023 un￿5￿1¢￿ En¢knNmrt Ttxal fund 2022 Total I(#￿5 FIXED ASSErs InYe5thw¥ Iwestnnti Investfftnt property 1,543,964 1,543,964 1.353,Ci75 1 2W iX(1 1 2W 1 th) IX(s 12 IAll,9￿ 2,833.964 2,643, I%RREKf &£SEfs Debws.. amoifftts D 13 3,824 158 279 3￿24 2,W7 h ID hvld 162.103 51,708 213,811 318,916 CREDrroRS lalilnq withln > 5,519) 125,519) 125,026) NETCIMENT ASSETS 136,584 2,815.6n 3,022,256 2,9J5,*5 2 935,995 VUNDS 16 Gefteral ftttml f36.584 126,931 TOTAL PUIIDS fiwKlal sLitements weTr ￿￿ed ty Po¥d of TnJ5tees and outhorfsed for1$5￿4￿ 11 JLme 2ffL4 nd ¥ffjfe Its behalf Page 7

John LON￿￿11,$ Aylcyltural Sthem• Notès to th• Flnanclal Statem#nts th• Year Ended 31 Deceth 2023 Basts ol preparlnl thellftandal staten￿ts The Its￿￿141 5tstements of the charity. ts tt pthstk beneflt envty under FRS 102, have i prepayed ITr #ccordance lth the Charitles SORP (Fgs 10ZI ACCO￿tIng arKI RepDrting by Charftles.. St11£ ol and the Charlttes Act 2011. Thè finaTKFal statements are Included at timthet value, ¥ ffl0thf￿ ty the ofcertaln asjets. Jrjlffi Longwill'5 A8rkrAtsJral SCI￿ ts ¢lwlty regfjstered In ènd Wales. Th¢ &1dress of the dwlty ts 8F4•1 In the charfty Infomwtkni on page 1 of these flna￿￿E $t4tom The chuflty constth è pAillc bemfft entjty as deftned ty FAS 102. The flnBnclal statenwts have l)¢en prepJr•d In accthe Accountlr4 aAd Ileporttng l¥ Charltfjes.. 5t¢wt of Pcomn￿e4 Ptatte aPFllc8ble to ¢harths rxepartr¢ tmr acuxmts In accordance ¥￿h th ￿1￿clo1 Rerorthry star￿ •pplkable In the L4( and Aewbtk of lthnd tssved in &tober 2019, FhI￿laL lptrt4 Standard applk•biè kn the Klngd¢)m and Repubik of IEplmd IFRS 11YL). the(￿rIlS Act 2011. •TrJ UK Gewatyk(epr¢dk¢owting Pract5￿. The stateffrrts arn wepmd th a ewm basfs un¢kY tr hlstortcal cost nb•)tkn, rndlfled ¢¢rtakn at falr b7hlue. The Ilrondal statements are Tb• srymificart aCCKAntkng ￿￿cleS wlied in the weparatkn d lJ5e sÈrt•Tents are Set thafty has taken Jtranttye d tt lollsThlng dlscloATr exemption lft preparlng tlftancial 8toiwnt% a% permitiEO by FRS 102 Tr Flnr&*a& ReF￿1n0 Standard Jpplicable In UK and AII IftLx¥rdng rewre5¥e frt1￿￿ed Statemrt of FlnafKtal P<tfvltles ISOFAI Wh￿ the d)arity ts legally eAtided to the altsr any ￿OrManCE con01t￿ have been met. the amN￿l c bt mraHwEd retthbty ￿ It ts probable thai the wll te reay N¢simert Incorne ts thrn￿h holding asseu for In¥¢sify￿rt purpa5¢9 as sha￿L Ivterest fntfthe is recwised uslrÉ the effertive intere# and thlth¥J and ￿nt tTh¢L)r￿ ts Page 8

John Lor￿11 s AVI￿11￿1¢ IlotQ5 to the Statty￿. urtlnEtsd ffjr￿ Yèar Ended 31 tseceBkn 202) couimNG POUCIES. ¢ofjtu Ixpftdfturè Ltabllltye5 are r•ctyilsed as expthibjre 45 SOOTr 05 thwe Is d legal or ¢0nSty￿fvtt obllgatlon •xpEndltiwe. AIIKatlon and apporU¢x)trrt•t to#s at)d Include )Ifice ar1 ¢0gt¥ t1m￿ent prO￿ltsnd. fty thtdch fatr vtkn eaft be rellèbty al￿ are nMgXEd at falr It eath dws th faSr recowtsod lft ht Balns I It￿1¢$) L fn¥estrreAt¥ lund accoynith4 itrm¥Jfcttd fimth w be wed In wlth tl tra￿le rttr)ecth& at ¢Jlscretkn of the Rs¢rt¢ted funds can ¢nly be for partkn14r restrktsd tPdn the objects of th tywtty. Restrtctlr4)s * tAkn specifled by the isxw w vthen funds are rald for pafticuiar ErAlwmeDt rnfers sha￿ knoirn￿ts In (￿ed wtth only tt fncome ge￿￿tel fr(￿ thFS io be on thè ftyctsof the the ￿teS to the flnanclat to Asrkultw• Grants tè ogrkthture we tharged yeu In whkh ￿ grnit ts ffde. Seg rnt? 6 for detailed lThthd¢wn ol grants durlns

hn Lon4￿11,5 AirfcUltW￿ SdwmÉ• NotS ty the Ffoanelal Statem￿ts. fnr Year Ended 31 Dè¢embèr 2023 ACC(xJKnNG pauaES • Coptlnued fsin8 Cone¥ The flnanc1￿ statemiis Prnpufed on a gotrry CL￿eM the trust•es belteve that iio matertal wxertalntles t￿L Tre Irustee5 ha￿ ¢onsldered of fund5 heid and the expttted i￿1 of 1TKQm expffimllture for 12 ffwth5 fr(KD wJthorJslng these flnanclal Stat•1￿ The Ipjdgeted and exp￿tt￿e ts ￿1clert ￿ the Itvel of reserves fly the to be able to cpnIkn￿ gol1ryto￿err￿ bwestmentg •Y rewknd fnltlaliy * f ts rwmalfy the trT4WXtkn Irwioft Lt¢s. 9￿￿￿>t[Y, lth at lalr ￿lue wlth clry rer4nlsed In knt gakns I Ilosss) on InTrt#rnrt gJFA W th¢ shwe5 are publlcly Iraid w thFtr falr v41L can tbtty5 w¥J ¢redlth wtth ro stated Interest rate arrfl r•￿1Val￿* or p4Rble vAthln sear are reco￿ed li iransxUoD prlce, Iny lo￿ art51n8 fAYn IwalM)ent￿ r4¢Dgnlsed Ir¥ eXp￿￿t￿. 2023 48,771 COIFltierffjit 43,334 43,338 Page 10

Jotr￿ LonqwIll￿ Agrfcuftyral Sth l¢otes to thè FlarKl41 Stat¢nnts. (Orttrwl lor the Yttar Ended 31 Decfftth 2023 IBJTABLE AcTrrfm￿ COSTS Gfant fundlng of Dlrect Costs (see ncte 51 {$￿ noe costs <e 61 st¢ 71 Totsls Grants tts kn3NtsJtkna & trthdu#ls 28.920 2.890 Clwltable I￿lIeS P£Ct Com IWCIIARITABLE AcfTvmES 8,671 A8ents' lee5 1.721 Prrtfollts mana8egrthtttwys Webkn Iwtl Bank 10,460 360 10,430 30 QPAin5 PAYABLE 2023 TOVA xrnnts Tht totsi p*d to I￿lIt￿¥￿S thJrfnY4 the yew Vfds & follw: 20 tt)tal grants pald ttr Irthf4kn1s ￿kn[￿ >•arwo ¥ reAkn￿. 23 SMB ColleBeAkny Stoate 420 10.Y)O contlnued...

Jphn Lofiiwlll's Agrfculturat S¢htm• l&)te5 tg the Fln4nclal Statem•nts- contlnued for the Y•ar Ended 31 Oe￿rtkn 2023 SVPPORTCOS costs SuprYt trx1￿jed In the atth, artr as ftllows: 2023 Support costs actfvlde5 Setretarfal & 4dmlfti5ts fiyrthe ￿ended JI 2022. Dutbry ttr sw. thè trtye5 ￿￿ep•t1 e4Jenses for to ÉMI Q012: £NIII. fund fIX￿$S 19.175 19.175 62.513 EPEMDmiAE ON Ch¥iiable ¥tlvltle5 Gwts to IrwJivK Support Costs Qwrttobk 17.5CII 6,305 17,Xil 6.305 Total 48.526 Net 8afn51llwl ON al￿nts Page 12

hn Longwlll'5 A8rfctsal Sc etes tv th• Flnwncfal Statenwtt. for thtr Yw Ef#1•d 31 Dec¢Ththr ￿13 ttIiipAkATf¥ES FOR THE STA7EMENTIY FINA14aAL ACTPIIYES. fw5d funds I3.1￿? 191,9851 177,998} RECONCILL4TTh OF FIAYDS Tvtsl brffl4ht foThtrird 112,944 2,901,049 3,013,993 IDTAL Fi•IDS CARRIED FOf 126 931 2 935 995 10. ALK•ifoRSKMUNEumoN the Je)r authior's t A5SEf al¥ESTMEiirs Ltsted IURKEf YALI t i 2023 Idftlm¥ DJy75als 1,353.(1)5 349,366 12YJ,015> 31 Dearthr 21ll3 NET y￿KyALUE At31 Ccerr 2023 1.543.964 At31 LeF7kn•r 2022 IAYrtrfofo8 Irdvde both &id •Asld• of the UK ts controlled ty a thlrd.pJrty spt manttsement Caff•#W. Page 13

John LvnTrlll's Agrlculttral Sch•me Notes lo tho Flnanclal Statements - contlNRd the Ye4r Fts¢ded 31 pect1￿•r 2013 11. FfxEDA5SET IIIVEsfiAE147S. cortlnjxd kne lrnstmthw arÈ held as fdlffi¥s: 2023 2022 and Flxed Intèrtst UK BoTbd5 arxl Ftsed Inter¥t (hwseas Eqthttes -uK 305,692 86,595 166.242 8J.OfO 369.538 64,043 284A79 52,215 367.688 57.S67 244036 51,874 ,50S 27.300 35,T13 212.674 . Emerglng ffthets - CAV￿Al .J• . Athi PxlH¢ 27,ff20 1119,559 COIF. SP￿1 2￿3 2Q22 l Janwy 2fJ23 Additbr 1,227.f47 349,366 1.199,411 305. 31 Decothrt 202J 1 3W.749 Investments Vaiuatlon kn 2022 valUatM￿ kn ZDZ3 1.353,W5 190 959 1.543,964 Nft¢ galns on th¥estmtt 2023 14eJltsed8alhl Ilowl on Ilsted westt UnrÈa11s•4J gafns c¢} Ilsted In￿5￿ UnfÈaltsed 8aiA on ir1¥e5t￿t ptowllwkl 33,482 (178.9921 Pa8è 14 £orttln¢wl...

Jhn L0nBwl11¥ I4rfcultnl Sct Hoto ta the FlnwKlal Stat•rnMts. contlnu•d for the Year Er￿ 31 De¢ember 2023 11 INVESThlENT PROPERTY FAIR VALUE At I JHrrtwry 2023 and 31 Detyn￿ 2013 NET WOKVALUE At 31 tcefYkn 2023 At 31 Dp¢emb&r 2012 land abwe InclLth&' ¥)22 51.5 (45) Kres knt•d at Lkt5t•r 9.919.914¢res sliwated it Qwston, Lekestffilrfre 68.34 {6a.341 at ¢>•At4n, kftoMI F•rni Z Garden I•Ads 534,774 534.774 624,n6 624,726 Survws. RICS R￿stered ValwJrs. 7kcost at was EJ20.0￿. 1k h¥ t¥en tsken 85 per Andrew Grw & Cg., RKS RogirterEd In 2021. Tr acreqe has iwn th¥Trtrlly ￿￿ed using Prow4>5 for a mre xajrnte ond the The tliie Lkeds are IM￿d kn thtr ¢fC A Ci•kn. Pt and P A thtL Falr¥4ts￿ at 311)ecetrer 20LI Is repr¢smted W. P4e IS

John knwlll¥ AffrIc￿1turat Schell Nots tts the Flnandal StatèN*nts. cortb￿d for the Year Ended 31 Dewther 2023 13. rErroR&. Amouiifs FALLING DUE WITIIN ONE YEAR 14. CASII Ikl Ill￿> 2023 Toul 2022 Tfrtal fwds Coth In har•1 T•tal 11 CREiITORL. AIILIU14YS ¥ALLQIG DUE Mrium otff YEAR 2ry22 1.1.23 31,1123 126,931 9,653 136584 76, 1.885,6n TOTAL FW)S t 935 S85 86.161 Page 16

John Lonrffill's AylcvlUr Sclwm• Notes to th• FITwiclol %ateTrents- rnnttoued for th• Yw Ihded 31 T)ec• 2D23 16. IIDVVAiNf N FUNDS. toh11n￿ Ilet moyrfrtrt fn lur￿5 Inclu￿ th tt are ￿ fouows: Intoml In fur General fuTrd 69,Y8 9,653 Endow(r•nt fund5 76,6tX 76,608 At 1.1.2Z Infwrfh 31.12.n 112.W t3, 126,931 ErrtlowmentfiN 191,985) Z,809,0 TOTALPUNt6 2 935 995 lrtomhlg Galtss and Pknment in funl 62,513 14B,5kn) 13,987 191,9851 191,9851 TOTAL FiAOS 8.526) 91.985) 77,9 Page 17

JOI￿ LonT4AU¥ Aylcultwal S¢lwA• Notes to the FIMndal 5tatsmel￿. ¢on¥twed lor th* Year Ended 31 December 2023 17. RELATED PARf1015CLOSIIRES Tlwe were no relafed p¥ty tranwttrrt for the >wr 31 D¢c¥mtsr 2023 31 December P4e 18