2024-03-31-accounts

FR-I 2023-2024 Annual Repor Supporting people with disabilities to develop and live the lives they choose. Trust

dingbourne Trust Annual Report arKI Firwicial Ststements for the year ended 31 March 2024 Contents Reflections on 2023-24 Trustees, Report (Including Directors, Report and Strategic Report) for the year ended 31 March 2024 What the Aldingbourne Trust does Our values & how we live them The story of 2023 - 2024. our activities Living by our values - some achievements 18 Areas which didn't go to plan 19 Thank you 21 Safeguarding 22 Trustees, Report (Including Directors. Report and Strategic Report) for the year ended 31 March 2024 27 Independent Auditors, Report to the members of the Aldingbourne Trust Statement of financial activities (including income and expenditure account) for the year ended 31 March 2024 33 Balance sheet as at 31 March 2024 Statement of cash flows for the year ended 31 March 2024:- . . 35 Notes forming part of the financial statements for the year ended 31 March 2024 31

Aldingboume Tnjst Ann￿￿ Rew)rt arKI Financid Statements for the year ended 31 March 2024 Reflections on 2023/24- our Chair & Managing Director The people we support have told us they want to express themselves. to be kept safe and they want to be supported by people who know and understand them. Above all they want a chance to shine and to contribute however they can to society. The Aldingbourne Trust exists to ensure that their voices are heard, and by working together with statutory organisations, including our local health and social care system. families, communities and vOlunt￿r$. that there are meaningful opportunities for all adults with learning disabiliti&8 or autism across West Sussex and Portsmouth. Reflecting on the year. we have seen people connect. grow in confidence and take leading roles in much of our work. We have met some wonderful people, who have shared their skills and knowledge and inspired us to keep finding ways of providing great support. We held our 3rd meeting with West Sussex MP'S. West Sussex Partners in Care and senior officers and members frorn WSCC, emphasFzing the need for longer tem planning, budget de¢isions and support for the sector. The last quarter of the year involved a sertes of tenders for a large section of our existing work We would like to thank our teams for their hard work in demonstrating our suitability for the tenders. We were pleased to be successful and look fO￿ard to continuing to meet increasing demand and complexty, and to mantain those strong working relationships wtth our consortium partners we have worked wtth on prevention Servi￿5. During 2023-24 social care continued to see a flow of reports on the need for investment. planning and development. Reports from the Association of Directors of Adu￿ Social Se￿1￿$ Autumn Survey, National Audit orrice and Home Fami TNst set out the need for refom of social care, adding evidence to the calls for change. The 2023 Autumn ststement increased the national living wage. but funding from local authortties continued to struggle to rneet this and inflationary pressures. Central government also signalled an intention to reduce public spending by welfare refomi, Iset against a context when funding to support people into work is declining). Indeed. as the year progressed. funding was reduced for day opportuntties and supported employment for people we support. We continue to ensure our teams are being developed and supported and are pleaswj our turnover. vacancy and absence rates aFI remained below Sknlls for Care benchmarks. A joint focus across Aldingbourne on recTurbnent and retention. including people we support being ambassadors at recruitment fairs. events and inteNiews, really paid dividends. Our staff survey responses asked for more fac+t<Fface training. and this is now being increased across job roles. We have peer groups and a range of resources supporting our teams with menopause. equality dNersty, inclusion and mentsl health. The much-lauded Workforce Devdopment Fund Partnership model, (funded by the Department of Health and Social Carel, supporting vocational training for thousands of social care workers, has been paused. and is due to move to a digital portal. We are proud to have been able to support thousands of staff across the country with their vocational learning and development over the past 10 years. We are excited about the potential for digktal and rr to support us in our work and have invested further in a new support planning platform and upgrading hardware. We continued to worf( with colleagues across the Sussex Integrated Care System. who in turn faced increasing demand and diminishing resources. Together with health and socia] care colleagues. we got behind change initiatives by worfung on a new commissioning framework and collaborating on recruiting and retaining our workforces. We've enjoyed working alongside Access all Areas. ensuring people across Aldingbourne are inVo￿ed in planrbing. supporting and making decisions and see so many people taking a leading role in activities and initiatives across Aldingboume. Looking ahead, we note 242 MPS in the new parliament have a background in the chartty

AldingbourneTrust Annual Report and Financiar ststements for the year ended 31 March 2024 sector. including 8 cabinet ministers. Our sector is expecting a busy time for policy announcements set against restrained capacity to increase public finances. Our challenge is to continue to support peopl8 to have good lives. We will do this by listening, leaming and adapting. building on our values and ambition for people. We appreaate the support we have received from families. lriends. people we support, our staff, volunteers and our local community. We would like to pay tribute to John Shippam and Dick Bunker, two longstanding trustees who are retiring. They have made a significant contribution to the work of Aldingbourne and they will be missed. This combination is much more than a sum of the parts which make Adingbourne the organisatiOD we are today and gives us hope and capacity to meet demand. We hope you enjoy reading about our activtties and achievements this year. Reflecting on the 12 months, there is a strong theme on togethemess. particularly around food and friendship. We have been privileged to see the difference social care support can and does make. Frances Russell Chair Sue Livett Managing Director

Trustèe's Report (Including Directors. Report and Strategic Report) for the year ènded 31 March 2024 TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees are pleased to present their annual directors, report together with the financial statements of the charity for the year ending 31 st March 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. with the Charities Act 2011, the Companies Act 2006. the Memorandum and Articles of Association, and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 las amended for accounting periods commencing from l January 20191- The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and cornply What the Aldingbourne Trust does The Trust's mission To support people with disabilities to develop and live the lives they choose. Public Benef it The trustees confirm that when reviewing the charitable company's activities and devising future programmes. they have referred to the Charity Commission's general guidance on public bene*it and complied with their duties under Section 17 of the Charities Act 2011. the trustees consider that the Aldingbourne Trust makes a significant contribution to to support services in West Sussex and Portsmouth and the surrounding area and that our services are of public benefit to people living with disabilities and the wider local community. The activities undertaken in 2023124 which contribute to our charitable aims are outlingd in more detail within the 'Activities and Impact, section of this report. All our charitable activities are planned to ensure we deliver public benefit and we continue to place great ernphasis on our charitable objects. In particular,

Truste8's Report (including Directors, Report and Strateglc Report) for thè ￿ar ènded 31 March 2024 Our values & how we live them 'Our Plan, sets OLrt why, what and how we work. Our aim is to support autistic people and people who have a learning disability to live the lives they choose, continuing the ambition of our founding families. We provide support which includes housing, employment, 18isure, education, training, getting out and about and living good lives. We work in West Sussex and Portsmouth. Why & how We believe in continual change & challenge. We know that people society, technology and attitudes change- sometimes this is out of our control, sometimes change is not as fast as we would like. Our approach is to keep pushing expectations, boundaries and beliets. Belonging All of these metrics have worsened since the pandemic. The importance of local, ordinary connections cannot be underestimated. People who do not iusl rely on paid support and have opportunities for ordinary lives are more likely to have good lives. Flesearch shows the value of Inclusive support. and confimis the link between risk factors and isolation. People who have a disability r8gulaHy experience difficulties in having 'ordinary lives, access to community life, including friendships, health, housing, jobs, education is often restricted. We must learn from the lessons of segregating and excluding people from their communities and networks of support. There have been many exposés and scandals which highlight the challenges experienced by people when they are isolated and 'care/assessmentlsupport' just fail to deliver. Recent scandals have involved criminal actions and poor practice involving people in various settings & there are still thousands o* people in long stay institutions, often miles away from their families. The legacy of Winlarbourna View continu8s. The stats on life experiences if you have a learning disability are staggering.. RIP Over four Sn five {830/0} of people with learning disabilities of working age are unemployed. The government calls this 'the disability employment gap,. Employment Rates for People with Disabiliti8s 2022-2023 On average. men with learning disabilities die 13 years before men in the general population and for women. 20 years younger (Mencap). People with learning disabilities are 3 times as likely as other citizens to have a death classified as potentially avoidable Imencapl. The employment rate for people with a learning disability has fallen to 4.8Q/o (BAS

Trustee's Report lin¢luding Directors, Report and Strategic Report) for the year ended 31 March 2024 Work together, encourage, value, share info & support each other All aboard! _ inclusion at every opportunity Make a positive difference at every opportunity Work sustainably, recognise we are interdependent Offer & create real lrfe opportunities- be curious. adventurous and enterprising, discover individual creativity & flair We will drive change in social care. we will not break the law but will challenge it when needed Listen, then do Have fun The Aldingbourne Tnjst is a charity and is mindful of the requirement to operate for public benefit. We do this because people with learning disabilK(ies/ autism are over-represented in studies which highlight health, education, housing, financial and SOGia5 inequalities. Studies {ONS, Learning Disability Mortality Review) continued to show that the pandemic added to the challenges the people we work with encounter. To challenge and counteract inequality we focus our resources to build social value by discovering what is possible, available and good. We have 6 guiding thèmes- collaboraling, efficiency, influencing, enterprising. innovating and proving. We encourage people to try new things, to make ¢hoi¢es and to step out of their land our) comfort zone when it feels right. Our support for living services are committed to enabling people to live ordinary lives. By this we mean having a job, living in ordinary hornes, on ordinary streets, doing things that matter. We expect our staff to understand people's individual needs and take the most appropriate approach for people to live good lives and do what is important to them. Living an ordinary life isn't boring, it is up and down, it is rich with friends, family, neighbours, colleagues and things to do. community possibilities, with all the challenges and achievements which we all should have a chance to experience. We provide a range of support. ranging from drop- in's to intensive, 24 hour support.

'5 Report (Including Direc an e5X)rtl lor the year ended 31 Marth rv

Tnjstee's Report (Including Directors, Report and Strategic Reportl for the year ended 31 March 2024 The story of 2023 - 2024, our activities Starting with some ststs.. During the year we worked with 2.065 people who have a learning disability/ autism/lifelong condition. We managed 438 referrals for people looking for support with getting a job/vocational training with our WorkAid team. We supported 47 carers and 40 people with retaining their job and 179 with their job hunting. We increased our own disability employment rate to 11.7V/. (Skills for Care benchmark is 2Yo). People's Stories - the difference support makes "We are now also working in partnership with BIFFA UK. We have secured supported work experience at 11 household recycling ￿ntreS cove17ng the whole of the county. The placements are flexible and each person we support is assigned a working buddy to guide them through their time at the site. We have so farplaced 3 candidates at 3 sites with several due to start in the coming weeks. Paid employment will then be discussed at the end of each placement, utilising Biffa's direct agency to make the process accessible for our clients as well as efficient for Biffa's needs. Joey" certainly made his mark with Biffa 'He made a great fI￿t impression on Monday and speaking to Russ, who is the Littlehampton SupeNisor, he's very impressed with Joey "Great w0￿er, getting on with it and apparently very fastljj As a result of Biffa seeing his sknlls and potential first-hand, Joey has now been offered a full-time role which he is incredibly proud of. This is a long-tem7 model partnership, changing lives for the betterf "name changed Our Adopt a Station team brightened the journey for commuters across 20 railway stations in West Sussex by providing and maintaining the planted displays. We employ 291 staff and supported 5 apprenticeship5. We have the benefit of 280 valuable volunteers.

10 Trusteeb Report lincludlng Directors. Report and Strat8gi¢ Rèport) for the year ended 31 March 2024 We also host social enterprises and were delighted to welcome the Seasons Nursery to the Aldingbourne Country Centre: Seasons Nursery opened its doors in October 2022 and has quickly become established at the centre, now providing much needed childcare for nearly 60 local families. Offering a wonderful mix of unique and enriching activities. children also use their newly refurt)ished nursery building in the heart of the site as their base. As well as their established Forest School curriculum, the nursery has been working in partnership with Aldingbourne staff to offer a Farm School pmgramme which has been a very popular addition to the nursery timetable. Children leam about all aspects of farm life from growing their own produce to feeding and caring for the animals on site as well as walking the ponies and bathing the guinea pigs. The nursery now operates at full capacity with a waiting list for 2024 intake and offers discount for Aldingbourne staff. yg As the year progressed we were pleased to welcome previous and new people to our enterprises. building up our visitor numbers after all the down time over the last 3 years. MAKE also hosts Portsmouth's Gig Buddies- matching people based on their interests and appetite for adventure. Vdunteer 2019 ID IheWoadanleFnw cllrpBnlryEAw1l5pbd￿e￿￿lll1hÉ￿iknqG￿5 [Ènwts￿y$hlli￿rm Ww¢ ¢nloipti¥4 hill vayt eixpen HI$¢WJOfftI.￿lC5u￿1￿9￿91g the TrO￿T ur•u a pwota and ¢¢AWoroi•s rMT*am.onwlry4tYW Iniighrx￿d wrm ¢￿¢1￿￿1 tttp wppff#lrnk•hlmovulueumqffjt￿￿￿￿r1ell We also invest in providing prevention support- our My Networf( Plus. My Network and UMA Ilow intensive management of autism). services. Our Workforce Development Fund partnership supported a total of 608 workplaces via the Aldingbourne National Partnership, representing 213 employers across the whole ol England in all 6 Skllls for Care geographic araas. £1.5m We successfully claimed for 3,556 certifi¢ates across the social care qualifications and learning programmes to the value of £1.5mlllion. Our wood recycling social enterprise collected the equivalent of 43 African forest elephants of wood, which may otherwise have been sent to landfill.

ste ' Fleport and stat L.iving by our values : ), . some achievements Collaborating is was a year when people wanted more connection wtlh the real worfd. We saw more people with lived experience of dtsabilty teading the way. including=_ Hosted eveTrts at Creative Spaces in Aldwick. socid evenings, creative writing and poetry ",workshops, Sunshine Shelley's walks. . I 'Dungeons and Dragons. fitness sessions. Our atways popular Living Out Loud club ights. hosted by people we support. returned. DJ¥ and organisers are people wtt ived eXper[en￿ of disabilities. ig Buddies matched 60 'p2irs' of people. d on rnutual interest. in and around ortsmouth. e brought the Bognor Regis Ltbrary Garden ack to beauiy- supported by our wonderful Oluntee￿. we tend the garden and host munity events. -Directed Support network- we meet up tth colleagues from across the country to hare good prac￿e, promote personalized pport and lobby for more.

5tees incibding Direclors, Report and Strategic RepoHF for ear ended 31 March 20 We have joined forces with the wonderful Camerado's and Created public living rooms at MAKE and Creative Spaces- these offer a safe space for people lo meet up, connect and relax. We have invested in stjpporting our Sussex Integrdted Care System, with Sue networking as Ihe VCSE workforce rep. Areas of focus during the year included the development of a new commissioning framework to encourage more thoughttul. effective cornmisstonillg across hea￿h and social care- working with NHS colleagues on wellbeing. employee support. student placements- wdening training and development opportunities across Sussex. Our peer SUPF)Ort groups covering mentsl health first aid. menopause support, equalty, dive￿itY and inclusion and neurodivers¢ty met throughout the year. These provide a safe and inclusive space for discussion/debate. peer support and slgnpostir￿, and shapes our approach in these areas.

T￿￿tee,$ Report (Including Directors, Report and Strategic Report) for thè year ended 31 Ma￿h 21Y24 13

14 Trustèe s Report (Including Directors, Report and Slratsgic Raportl lor the year ended 31 March 2024 Enterprising Our social enterprises are an important part of our success. Our marketing team continued to fiKus on attracting support lo our main site at the Aldingboume County Centre. Our highest ever level of social enterprise actNity included: - Aldingbourne Counlry Centre Pop ups in our play villages for preschoolers and in the community for our in-house wood products and plant5. . We have reached more people and were delighted to welcome over 80,000 visf(ots during the year. MAKE- our café at the John Pounds Centre opened its dooys, offering our renowned delicious savoury and sweet cuisine. Watch this space for increasing communty activty and around the Centre.

'CincludingDI rategic leportl for r ended 31 Ma￿h 15 l& Efficiency . We supported people with cost of living pressures vta a range of initiatives and activtties - Using air fryers, lrying energy saving devices, hearing from energy advisors. producing films. guidance. quEzes to help raise awareness. production social meetings have been bu￿ng with productwtyl Congratutations to the Chair of Dynamttq Cameron Locke. who was crowned 'Inspirational Man of the Ye* by Dadzclub. Influencing . Access all Areas had a busy year, connecting with peers from across the county. We enjoyed the Leaming Disabilty England annuaj conference- see our short video httpsjlyoukn. be/eUQTkBOLBJA. Innovating We were mightily impressed by a Channel 4 series starring Mtchel Roux Jnr and a team of people with great potential who had not worked before. Using the principles of'can do.. 'new opportunities. and 'raising expectations, we viewed episodes in the series over 44 times during the year, with people we support, staff and volunteers. This led to planning for Food4Thought- an event to showcase to local employers the vdue of supporting paid work opportunities. We hosted a 3 wurse dirung experience which gave people the chance to get invotved in front of house. food preparatio and hospitality roles. We were joined by two of the star5 ofthe series. Sam and Annalie, who continue to inspire us. D￿arnite ks a new co-produclton group focusing on health and social inequaltties. Based out of MAKE. Dynamite brings together remarkable young minds dedicated to making services in Portsmouth more inclusNe and disabilrty friendly. We engage in a range of activities. such as social evenings. young Inspectors vystt services to gnie feedback on what's good and how things can improve, and suNeys to understand the thoughts of young people in Portsmouth. Our monthly co-

16 Trustee's Report (including Directors, Report and Strategic R8POrtI for thè yèar ended 31 March 2024 . We introduced a l￿W digital pEatfom7 for support planning across our supported living projects. with meditation. comedy laughter sessions. music, poetry sessions and more. The aim of the day was to raise awareness of suicide. remember loved ones who have been lost and promote postive mental health and wellbeing. bringing the community together, signposting and supporting people to seek help and give support rf they need it. Sarah Mf(as from MAKE organized Portsmouth's first suicide awareness event in September, coordinating over 45 local support seNices. bringing them together atl Victoria Park. along with local bands who lifted the spirf(s of so many people. 'Let's Get Talking aboLrt Suicide, included live music. a physical zone wilh yoga, frtness, mindset maintenance, dance and a wellbeing zone Our leaming and development team developed a new leaming hub platfom- full of information and access to a varied suite of courses and development for our workforce.

po 'for ar ended 31 March 2024 17 I,J. Proving All of our supported living projects have. retained their 'Good' rating. We increased our Disabilty Confident accreditation to level 2 attd are working to achEeve level 3. . We introduced Qualty Checkers, to work alongside our Quatty Manager to do a deep cfive in checking in how and rf our support is making a difference. This is proving invaluable, helping to identify areas which need changing to really meet the needs and priorsties of people we support. Well done to our ￿E team for being awarded another 5 star Environmental Health food certrficate. Part of our new training across Aldingboume includes active supporL It ts a popular topic. with us seeing people applwng their leaming . Awards: prize winners incltKled our Creative Arts Studio entry for the recycled sheep category at the Jim Green Awards. The Adingboume Country Centre won the Arun Business Partnership's 'Sussex by the Sea Tourism Award.. -As a new starter this rèally gave mé a great understanding on how to fulfil my job role. It is amazing to see changes in some tenants in my short period of being at Sudley. I would recommend this to all new starters."

18 Trustee& Report (Including Directors. Report and Strategic Aeportl lor th& year ended 31 March 2024 People's stories - the difference support can make: "K was a participant at our Creative A big task we worked on together Arts Studio. Our outreach team was to support with home - started supporting her nearly 12 alongside K& relatives, K has a months ago. Her support with us comfortable place which works for started as an emergency after her her. As the months have passed K mum suddenly passed away and she has found happiness in her new life - found herself in a world of change living on her own and having her own and the unknown. Our purpose was space. She is a very sociable person initially to offer emotional and grief and has built a new network of focused support, to give her some friends, both within the Aldingbourne time with people she was familiar Trnst and outside of us. She now with, who she could rely upon. and regularly gets out and about. meeting could help her navigate the world up with friends, and has been on without her mum. 2 supported holidays - including Florida, to fvlfil her Disney dreams. K has come so far in such a short time, we look fornard to seeing what the next 12 months bring for her." K had not had a support team before and to begin with she st￿ggled to understand our role, but as we worked alongside her she started to Unde￿tand that we atB there to help her live her best possible life and not to tell her what to do. Areas which didn't go to plan Individual service funds almost got off tha ground, following a series of workshops with colleagues across relevant functions in West Sussèx County Council. Due to competing pressures. WSCC have decided to pilot brokerage rather than introduce ISF'S into existing services. We hope to be able to action ISF'S in the coming months. Moving to Jasmine Lodge (new SL2PPOrted living) was delayed due to infrastructure requirements for the buildings. We are delighted to report we were able to move in after the year end.

Tnjstee's Report fincluding Directors, Report and Strateglc Report) for thtt year ended 31 March 2024 19 Thank you People across the Aldingbourne Trust went beyond their usual tasks and roles to continue to provide direct and indirect support throughout the year. We must thank all staff, volunteers, trustees and families for coming together to keep everything running and stepping in to other roles as needed. We have continued to see acts of determination, passion, generosity, kindness and creativty and wish to thank you for always doing what was needed. Congratulations to our colleagues who were you to everyone who arranged/led events and recognized for their contribution to our work and for supported us, including the many people who have some outstanding support during the year. Thank run marathons, (Elizabeth Atkinson, Stuart Floyd you to our first aiders. mental health first aiders, and Mike Sullivan). We are pleased to be able to internal trainers and coaches. link up wilh our generous corporate supporters who supported us with a variety of tasks, including clearing our Woodland Walk, helping with our wood collectlons and workshops, horticulture, weeding and digging the fitness area for the people we support at the Country Centre. painting, helping in the café and at our events. Thank you to our work experience students, including Duke of Edinburgh students and student social workers. A big thank you to our corporate volunteers and community connections during the year. Thank IA

20 Truste8'$ Report lincluding Dire¢tors' Rep)rt and Strategic Rèport) for the year ended 31 March 2024 We would like to mention the following groups, individuals and organisations who worked with us during 2023124: The Albert van Den Bergh Charitable Twst, Adingbourne Parish Council, Andy's Man Club, Aviva Foundation, Barratt Foundation, Barry Harris, BexFit, Body Shop. Bognor Regis Benevolent Darts League, Bognor Regis Football Club, Brent Lodge Wildlife Hospital, British Science Week, Caroline Stern, Carpenter Box Charitable Foundation, Emsworth Slipper Sailing Club, Environment Agency, Food4Thought sponsors- Trade Goods and Goodwood, Govia Thames Railway, Greg Williams Transport, Heirlooms of Bognor, Henry Smith Charity, Hobhouse Charitable Trust, Home Instead, HSBC, Invest4, Jan Penn and Bobbie, JCC Lighting, John Coates Charitable Trust, Kreston Reeves, Leathersellèrs Company, Lloyds Bank, Lodge Hill, Margaret's Fund, Montezuma Chocolates, National Lottery, Nationwide, NFU and our local farming community, Oving Community Watch, Pat Wright, Patricia Routledge Charitable Trust, Portsmouth Lottery, Ripple, Rolls Royce, Scooter, Seaford College. Selsey Golf Club, Slipper Sailing Club, Southern Water, Sovereign, White Oak Charitable Trust, Windruff Charitable Trust, and individuals making anonyrnous donations, including payroll giving, firewalkers, runners and golfers. Thank you for all the visits from local schools. Thank you to Simon Hutchins, for his significant contribution to the Aldingbourne Country Centre. We wish Simon we15 in his retirement. Congratulations to Sarah Mitas at MAKE, who was recognized for her contribution to Portsmouth by the Lady Mayoress and the Parnodzi Inspirational Women's award panel for community, activism and volunteering. We would like to pay tribute to Sharon Pierce and Roger Fowler, much loved members of our Aldingbourne community.

Trustee's RepK)rt lincluding Directors, Report and Strategic Rèport) for the year ended 31 March 2024 21 Friends of Aldingbourne Special thanks to the Friends of the Aldingbourne Trust, who continued to make sure people we support could take part in additional experiences and have items which enrich their lives. The generous funding from the Friends gifted funding to provide more yoga mats and pillDWS. supplies for the Bognor Library Community Garden. a television for the lounge at Svdley Road, Christmas parties, attendance at the Social Care Future annual conference, branded t shirts and hoodies, visiting the Chichester Planetarium. supporting the Trust wide 'international day of pirates, event, a trip to Bignor Farm, sailing in the Solent and a backstage tour of the Chichester Festival Theatre. Safeguarding Governance: The Charity Commission requires the Board of Trustees to take an active role in ensuring safeguarding policies and procedures are proportionate to the level of vulnerability of the rnain lient group that the organisation works with. This means that Trustees of the Aldingbourne Trust.. Take part in training appropriate to the responsibilities of a Trustee. Approve changes to our safeguarding policy. For the Trust as a whole, staff are trained in best practice regarding prevention, recognition and reFx)rting safeguarding concerns. Tris includes recruitment practices, understanding relevant law and policies. are advised of serious safeguarding concerns. receive a written update of all safeguarding concerns that relate to the organisation as part of quarterfy reports to the Board. Quality audits continued throughout the year, observing working practices, checking support plans. risk assessments, safeguarding alerts, aGcidents and incidents and fire safety checks. Receive an annual review of safeguarding issues that relate to the organisation. The review highlights main areas of concern, detailing the learning and actions taken to prevent further issues arising- This year we have introduced Quality Checkers people with lived experience who are working alongside our Quality Manager to get direct feedback on our support.

22 Truste8's Report (including Directors. Report and Strategic Reportl for the year ended 31 March 2024 Trustees, Report (Including Directors, Report and Strategic Report) for the year ended 31 March 2024 Fundraising Standards We abide by the guidelines of the Fundraising Regulator. In line with published guidelines, the Charity reports as follows: Equality. diversity and inclusion The Aldingbourne Trust recognises it is essential to provide equality of opportunity to everyone, without discrimination. The Trust is committed to eliminating discrimination and encouraging diversity amongst our workforce and in providing goods and services. The Trust has a policy to promote equality of opportunity, ensure our workforce is representative of all sections of society and prornole good working practicès with the people we support, other agencies and one anothar. Aldingbourne Trust always seeks to ensure that everyon8 supporting the charity understands how their money will be used to improve the1ife of people with learning disabilities and autism. We raise a significant amount of money from the public and our aim is to ensure that we do this in both a respe¢tFul and compelling way. Our recruitment and employment policies and In all our fundraising, we work diligently to comply practices adhere to the Equality Act 2010 and ACAS with the Fundraising Code of Practico and lo Codes of Practice, ensuring fairness, consistency, champion the standards it promotes. and transparency. At the Trust we believe a diverse workforce brings innovation, strength, and choice to the people we support. Our commitment to implementing reasonable adjustrnents and creating dedicated opportunities for those with a disability, has resulted in an increas8 in the number ol staff we employ who have a disability lover 1 Oyo of our workforce) and nationally recognised by an increase In our Disability Confident accreditation. Selection for employment or promotion is purely based on aptitude and ability to fulfil the essential duties, responsibilities, and skills required for the role. All fundraising is carried out with the oversight of tha Board of Trustees and the Senior Management. To date, we have not received any complaints about any of our fundraising. We do not contact people from cold lists, nor do we give or sell supporters, details to anyone else. Details of our fundraising campaigns are on our website and we actively encourage supporters to contact us with any feedback. It is vital that we communicate with our supporters in the manner All staff receive full equaity and diversity training they prefer and we are very keen to respect including on the nine protected characteristics their privacy and preferences. We therefore of the Equality Act 2010 and the prohibited maintain a detailed CFIM system. To that end. we conduct around discrimination, victimisation, and continuously check we never intrude on privacy harassment. The Trust facilitates peer support and the vulnerable. We support measures that will groups on areas such as neurodiversity and mental improve public trust and support for the sector. health and wellbeing. Our Trust policiès are drafted specifically to be gender neutral and inclusive of all personal characteristics. Where we use the services ol professional fundraisers. we maintain written agreernents for clarity of our operations. We only engage with professional fundraisers that subscribe to the Institute ol Fundraising. We currently retain on a contract basis one fundraiser that works lor the Charity two days per week to assist on grant applications. In relation to inclusion, the Trust disseminates informatlon and seeks feedback through ￿gUlar team and project meetings, site visits. bi-monthly staff association meetings, through our 'AII Staff, channels on Microsoft Team5, and via the annual staff. volunteer. and people we support surveys. This feedback shapes the direction of the Trust, for instance our recruitment task and finish group consisting ol staff representatives from across the We ensure that fundraising is done in compliance with the Code of fundraising practice.

Trustee's Report (including Directors. Report and Strategic Report) for the year ended 31 March 2024 23 Trustees, Report (Including Directors, Report and Strategic Report) for the year ended 31 March 2024 contd. Trust and people we support. The discussions, feedback, and ideas from this group informed our new approach to recruitment, including the creation of a Hew Recruitment Coordinator post. introduction of tailored on-boarding training, and a greater strategic focus from our Marketing Department. and investments) stand at £2600074. Plans for the future In order to make the Twst more financially secure the Trustees are continuing to develop the visitor attraction at the Aldingbourne Country Centre so that as well as providing work and training for the people we support it will make a significant surplus that will be used to further the Trust's aims. To this end. a dedicated visitor attraction manager has been recruited and a number of improvements to the Centre are planned in the next 2 years. Risk management The Trustees have reviewed the Trust's Risk Register, identifying major risks to which the Trust and its stakeholders need to be awart of. Systems have been established to mitigate these risks. This year we have continued to use external èxperts Trust details to advise on health and safety across the Twst, due to the scope of our activities. This supplemented Registered Charity Nurnber= 276484 ongoing audits which a￿ undertaken by the General Company Number: 013￿053 Manager and our Quality Manager. Registered Office.. Thornas Eggar House Friary Lane Chichester West Sussex P0191UF Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and specific procedures to the Trust's activities, including ongoing appropllate training for staff throughout the Trust. These procedures are reviewed periodically to ensure they continue to meet the needs of the Trust. Principal Office= Adingbourne Trust Blackmill Lane Norton Chichester West Sussex P018 OJP Reserves Policy The principal sources of funding for the Trust's activities are ultimately sourced from the government (either via the County Council for training and care services or the District CouNcil for the provision of residential accommodation). However, the Trustees note on going changes to central and local govemment strategy, prioritiès and funding which will affect fLrture contract tenders. While they consider it unlikely that funding would cease without adequate notice to allow the Trust to cut costs and dispose of assets in the areas affected. Ft has been decided that reserves should be increased, over the medium term, to three months of running costs Icurrent5y approxirnately £1.6MI. Tris is in addition to the working capital requirements of the Trust. Dedicated reseNes are £1.4M. Free reseNes (net current assets Website.. www.aldingbournetrust.org Telephone-. 01243 544607 Structure, governance and management Charitable Company Limf(ed by guarantee. The governing document of the Trust is the Memorandum and Articles of Association of the charitable company.

24 Trustee's Report (including Diroctors, Report and Stralegic Report) for the year ended 31 March 2024 Trustees, Report (Including Directors, Report and Strategic Report) for the year ended 31 March 2024 contd. Patron and to obtain feedback. These meetings are well attended and discussions are reported directly to the Board. The Duke ol Richmond Trustees In accordance with the Articles of Association, Mr Pitts, Mr Godsmark and Mrs Williscroft, retire by rotation and have offered themselves for re-election. The Trustees during the year ended 31 March 2024, who were also diractors of the Aldingbourne Trust, were as follows.. MrAM Bath Professional Advisors Mr R D C Bunker Resigned 7th July 2024 Investment advisors.. Close Brothers Asset Management 2 Chapel Street Chichester West Sussex P019 1BU Mr J Dixon Mr D J Godsmark Mr J O Hilditch Mrs P C James Changed on 27th July 2023 from Atomos Investments Limited, St John's Street, Chichester, P019 1 UP Mrs E Lochhead Vice Chairperson Mrs A C Parsons Resigned 16th June 2023 MrJ Pitts MrNDRowe Principal bankors= Lloyds plc 10 East Street Chichester West Sussex P019 1HJ Ms F Russell Chairperson MrJ H S Shippam, JP DL Flesigned 20th June 2024 Mrs R D Tout Mrs J Williscroft Solicitors= Irwin Mitchell Thomas Eggar House Friary Lane Chichester West Sussex P019 1UF Trustees are appointed following informal visits and as obserjers on the Board, subject to a vote by the Board. The Trustees meet four tinies a year to consider the activities of the Trust and its objectives and ensure the Trust works within the airns and objectives ol its Articles of Association. Trustees also participate In training and sub-groups of the Board. The Managing Director of the AILlingbourne Trust, Sue Livètt, works closely with the Board of Trustees and has responsibility for ensuring the Trust's objectives are implemented. During the year trustees and managers spend time working alongside and visiting the Trust's projects. Two trustees meet with people supported by the Trust throughout the year to discuss areas of interest Auditors.. SumerAudit Piper House 4 Dukes Court Bognor Road Chichester West Sussex P019 8FX

Tru$tee'5 Report fincluding Directors, Report and Strategic Reportl for the year ended 31 March 2024 25 Trustees, Report {Including Directors, Report and Strategic Report) for the year ended 31 March 2024 contd. Statement of trustees, responsibilities Disclosure of infonnation to auditor The trustees, who are also the directors of The Each of the trustees has confimed that there is Aldingbourne Trust for the purpose of company law, no information of which they are aware which is are responsible for preparing the Trustees, Report relevant to the audit, but of which the audttor is and the financial statemerits in accordance with unaware. They have further confirmed that they applicable law and United Kingdom Accounting have taken appropriate steps to identify such Standards (United Kingdom GeneraiSy Accepted relevant information and to establish that the auditor Practi¢el- is aware of such information. Company Law requires the trustees to prepare financial staternents for each financial year which give a true and fair view of the state of affairs of the charf(able company and of the Review of transactions and financial position The surplus for the year was £72,94912022- £191.1181. Total reserves stood at £9,137,703 12023- £9,064,754), wrth free reseNes of £2,600,074 12023- £2,437,540). incoming resources and application of resources, including the income and expenditure, of the charitable company for that financial year. In preparing these financial statements, the trustees are required to= The charitable company continued to successfully operate the Trust's various activities, and to raise sufficient funds to enable it to carry forward its work at the level of activity anticipated by the Trustees. Al investments held by the Trust were acquired in accordance with the powers available to the Trustèes and are managed by qualified external adviserg who follow an agreed investment policy and risk profile. Financial performance and liquidty is monitored by comparing actual results with the phased annual budget and cashflow forecast. Credit risk on amounts owed in respect of incorning resources is low. select suttable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. At 31 March 2024, and at the time of writing, the charitable company's financial position was satisfactory. The tnjstees are responsible for keeping adequate accounting records that disclose with reasonable curacy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply wtth the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Assets on hand at 31 March 2024 The charitable company's assets are held by each fund to enable it to continue with its established activities and to respond to any need which might be identified in the future and are considered to be adequate to meet all foreseen obligations.

TrusteeS Report lincluding D1￿CtOrS. Report and Strategi¢ Rèport) for Ihe year ended 31 Ma￿h 2024 Trustees, Report (Including Directors, Report and Strategic Report) for the year ended 31 March 2024 contd. Auditors The auditors, Sumer Audit offer themselve5 for re-election at the Annual General Meeting. The trustees, report, including the strategic report, was approved by the Board of Trustees. Signed on behalf of the Trustees Date Ms Frances Russell IChairper8on} Registered office: Thomas Eggar Hous8 Friary Lano Chichestor West Sussex P019 1UF

dingbourne TTUSt Annual Report and Financial Statements for the year ended 31 March 2024 27 Independent Auditors, Report to the members of the Aldingbourne Trust Opinion Conclusions relating to going concern We have audited the financial statemerits of The In auditing the financial statements, we have Aldingbourne Trust (the 'charity'l for the year ended concluded that the tnjstees. use of the going 31 March 2024 which comprise the statement of concern basis of accounting in preparation of the financial activities, the balance sheet. the statement financial statements is appropriate. of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and Untted Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practicel- Based on the work we have performed, we have not identified material uncertainties relating to events or condff(ions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees wilh respect to going concern are escribed in the relevant sections of this report. In our opinion, the finar)cial statements: give a true and fair view of the state of the chartt8blè company's affairs as at 31 March 2024 and of its incoming resources and application of resourGes. for the year then ended,. Other information have been properly prepared in accordance wtth United Kingdom Generally Accepted Accounting Practice- and The other information comprises the infornation included in the annud report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent othenNise explicitly stated in our report, we do not express Basis for opinion any form of assurance conclusion thereon. Our responsibility is to read the other information and, in We conducted our audit in accordance with doing so, consider whether the other information is Intemational Standards on Auditing (UK) IISAS materially inconsistent with the financial statements (UlQl and applicable law. Our responsibilities or our thowlèdge obtained in the audit, or othenvise under those standards are further described in the appears to be materially misststed. If we identify Auditor's responsibiltties for the audit of the financial such maleriai inconsistencies or apparent material statements section of our ￿pOrt. We are independent misstatements, we are required to determine of the charrtable company in accordance wtth the whether the￿ is a material misstatement in the ethical requirements that are relevant to our audit financial statements or a material misstatement of of the accounts in the UK. including the FRC'S the other information. If, based on the work we have Ethical Standard, and we have fvlfilled our other performèd. we conclude that there is a material ethicd responsibilities in accordance with these misstatement of this other information. we are requirements. We believe that the audit evidence we required to report that fact. have obtained is sufficient and appropriate to provide We have nothing to report in this regard. a basis for our opinion. have been prepared in accordance with the requirements of the Companies Act 2006.

28 Aldingbourne Trust Annual Report and Financial Statements for the year ended 31 March 2024 Independent Auditors, Report to the members of the Aldingbourne Trust contd. Opinions on other matters prescribed Responsibilities of trustees by the Companies Act 2006 As explained more fully in the statements of trustees, responsibilities, the trustees, who ar8 also the directors of the charitable company for the purpose of company law. are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In our opinion. based on the work undertaken in the course of our audtt: the information given in the Trustees, Report. which includes the directors, report and the strategic report prepared for the purposes of company law, for the linancial year for which the financial statements are prepared is consistent with the financial statements- and the directors, report and the strategic report inclLJded within the trLJStees' report has been prepared in accordance with applicable legal requirements. In preparing the financial statements, the trustees are ￿sponsIble for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable cornpany or lo cease opèrations, or have no realistic alternative but to do so. Matters on which we are required to port by exception In the light of the knowledge and understanding of the charitable company and its environment oblained in the course of the audit, we have not dentified mat&rial misstatements in the directors, report or the strategic report included within the trustees, report. Auditor￿ responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial slalernents as a whole are free from material misstatement, whether due to fraud of error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aogregate, they could reasonably bfj expected to influence thg economic decisions of users takgn on the basis of these financial statements. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion-. adequate accounting records have not been kept, or returns adequate for our audit have not been received frorn branches not visited by us.. or the financial statements are not in agreement with the accounting records and returns., or certain disclosures ol trustees. remuneration specified by law are not made- or A further description of our responsibilities for the audit of the financial statements is locatod on the Financial Reporting Council's website at.. btt This description forms part of our auditor's report. wè have not received all the information and explanations we require for our audit

Aldingboume Trust Annual Report and Financi￿ Statements for the year ended 31 March 2024 29 Independent Auditors, Report to the members of the Aldingbourne Trust contd. Identification and assessment of irregularities including fraud Irregularities, including fraud, are instances of non- compliance with laws and regulations. We designed procedures in line with our responsibilities, outlined above. to detect material misstatements in respect of irregularities, including fraud. Tre extent to which our procedures were capable of detecting irregularities, including fraud is detailed below= perfomiing analyticd procedures to identfy any unusual or unexpected relationships. ev￿llatIng whether the selection and application of accounting policies by the entity that may be indicative of fraudulent financial ￿pOrtIng resulting from management's effort to manage earnings. assessing whether judgements and assumptions made in determining the accounting estimates set out in note 1 Iql were indicative of potential bias. we focused on specrfic laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the charity. including The Companies Act 2006 and The Charities Act 2011. agreeing financial statement disclosures to undeTrlying supporting documentation. reading the minutes of meetings of those charged with governance. we obtained an understanding of the legal and regulatory framework applicable to the entity and how the entity is complying with that framework by making appropriate enquiries of management as well as considering the internal controls in place to mitigate risks of fraud and non- compliance with laws and regulations., reviewing the correspondence with relevant regulatory bodies. testing of journal entries to address the risk of fraud through management override. incorporating an element of unpredictability in the selection of the nature, timing, and extent of our audit procedures. we made enquiries of those charged with governance and rnanagement concerning= corroborating the business rationale for transaGtions outside the normal course of business. the risks of fraud. instances of non-compliance with laws and regulations or knowledge of actual. suspected, or alleged fraud is documented during the Conclusions regarding the risks of irregularities including fraud we allocated an engagement team that we considered collectively had the appropriate competence and capabilities to identify or recognise non-cornpliance with laws and regulations. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Material misstatements that arise due to fraud can be harder to detect than those that arise frorn error as they may involve deliberate concealment or ollusion. Audit ￿SpOnSe to the risk of irregularities including fraud Based on the results of our risk assessment, our procedures included, but were not limited to.. We considered our audit was capable of detecting irregularities due to=

30 Aldingbourne Trust Annual Report and Financial Statements for the year ended 31 March 2024 Independent Auditors, Report to the members of the Aldingbourne Trust contd. the effectiveness of the entity's internal controls., the nature, timing 2nd extent of audit procedures performed. and the absence of contradictory evidence. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest 8Xtent permitted by law, we do not accgpt or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Mr. Jordan Abbott Bsc ACA (Senior Statutory Auditor) For and on behalf of Sumer Audlt Piper House 4 Dukes Court Bognor Road Chichester West Sussex P019 8FX Note Chartered Accountants Statutory Auditor The maintenanco int&grity of the Aldingbourne TNSI W8bsit8 IS tha responsibility of th8 trust88S,' th8 work carried out by th8 auditors do85 not involv8 consideration of these matters and, accoKlingly, the auclitors accwt no sponsibility forany changes that may have occuffed to the financial stat6m6nts sinc& th&y wérè inibAllyprèsented on thè wèbsit8. Date or7 If (24) 1 Legislation in th& United Kingdom goveming the preparation and dissemination of financial statements may differfrom legislation in other jurisdictions. Sumer Audit is the trading name of Sumer Auditco Limited

Aldingboume Tnjst Annual Report and Financial Statements for the year end6d 31 March 2024 31 Statement of financial activities (including income and expenditure account) for the year ended 31 March 2024 Nots Unrestrlcted Funds 21124 Restri￿ed Fund$ 2024 Totsl Funds 2024 Total Fund$ 20ZJ INCOME Donations and legau8S Donatlons and gr2nts 243,502 243,502 292,949 Ch8ri&ble A¢tiwtEs." GDvernment funding fortraining swwices Rents for residential accommodation 1,826,248 14,400 1,840,848 1,803,569 1,731,192 2,930,821 1,844,287 3,194,551 1,844,287 3,194,551 Government funding for residenti￿ ¢are Workforc8 Development funding 708,900 708,900 1,081,￿0 SJe of produ¢& and serviGes 1,257,550 1,257,550 1,023,727 In¥estrnents Investment inc0rn8 108,779 106,779 68,446 TOTAL 8,472,917 723,300 9,196.217 8,931,794 EXPENDITURE ON: Raisifig funds Negotiation of government fvnding 58,OOD 58,000 56,000 Fundraising trading.. other cost5 25,641 25,641 30,236 Inv&stment management 18&S 1,534 2.137 Char7t8ble activities Traning servic&s 2,629,361 2,689,361 2,262,948 Residential accommodation 7b 1,282,815 3,777.380 1,282,815 1,187,965 Care serwices in residential accommodation 7¢ 3,777,S60 3.541.999 Wot1dorc8 Developmant costs Dire¢t costs of produce and sanrices 7d 708,900 708,900 1,081,090 7d 368,051 388.051 291,316 Oth8r Man8gement and administration 280,270 280,270 271,155 TOTAL 8,433.032 7{￿,900 9.141,982 8,724,846

32 dlnglx)ume Trust Annual Report and Financial Statements for thè year ended 31 March 2024 Statement of financial activities (including income and expenditure account) for the year ended 31 March 2024 contd. Not• Unresirfeted Funds 2024 Ae5trfclod Funds 2024 Tot81 Funds Total Fund$ 2028 NET INGOMEIIEXPÉNDITURE Transfers bétwBen funds 14,400 114,4741 10 14,474 fT41 54,285 206,948 0thorrgGogn￿e&g8lns1O0s$6sj R8alisgd gaIn￿O¢S$@$) on inv8Stm8nts 1903) 19031 113,6601 Gainsl(Losses1 on rev￿uatiOn of investments 19.567 19,5fj7 12,1701 NEf MOVEMENT IN FUNDS 73,023 (741 72,949 191,118 RECONCIUATION OF FUNDS: Total funds brought forward 8,894,425 170,329 9,064,754 8,873,636 TOTAL FUNDS CARRIED FORWARD 22 8,967,448 170,255 9,137,703 9,064,754 The statement of financial acilvtti&s Includ&3 dl gains and105ses recogni$￿ in the year. All income anLI expenditure derive from contlnulng actEvitles. The stat8m8nt of financial activities also ci)tnplies with the requir&m8nts for an income and expenditure awount under thè Companies Act 2006.

Aldingtx)umè Trust Annual Report and Financial Statements for the y&ar ended 31 March 2024 33 BALANCE SHEET AS AT 31 MARCH 2024 Nots FIXED ASs￿s T￿gible assets Investments 13 6,￿,478 527,098 6,708,270 260,689 14 7,110.576 6,968,959 CURRENT ASSETS Stocks 16 42,175 843,125 1,930,031 39,211 769,277 2,168,849 Debtors 17 Cash at bank and in hand 2,815,331 2,977.337 CREDITORS - arnounts falling due wrthin one year 18 (727.955 80D,4861 NET CURRE￿ A5$￿s 4087.376 1176,851 TOTALASSETS LESS CURRENT LIABILITIES 9,197,952 9,145,810 CREDiTORS - amounts f￿]ing after more than one year 19 160,2491 181,056) 22 9,137,703 9.064,754 UNRESTRICTED FUNDS Genera funds 8,892,448 75,000 88,19,425 Dasignated funds 75.000 8,891448 8,894,425 RESTRICTED FUNDS 170,255 170,329 TOTAL CHARITY FUNDS 22 9,137,703 9,064,754 The financial statements were approved by the trustees On.. Mr D Gtsdsmark Trustée Ms F Russell Trnstee Company Regl$tration No. 01885053

Adingbourne Trust Annual Report and Financlal Statements for the yèar ended 31 March 2024 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 CASH FLOWS FROM OPERATING A¢TIVITES 121.4891 311178 INVESTINQ ACTIVITIES Dividends 3.372 8,293 5,798 56.355 Interest income 43,967 Rènts received 59.440 Purchase Offix￿ asset investments 1504,7131 256,968 1315,9641 310,260 Pro¢eed8 on disposd of fix8d asset investments Proceeds on Elisposal of tangible assets Purchase of tangible fixeEI a55ets 1,000 153,7151 1125,2661 NET CASH USED IN INVESTING ACTIVITIES 1194,6811 161.5241 FINANCING ACTIVITES Payment of obligations under financé leases Proceeds of borrowing Repaym8nt of borrovAng 122.6481 1300,0001 122,6481 1300,(ml Net increase Idecreas81 in cash and cash equivalent5 in the year 1238,6181 149,3481 Cash and cash equwalentS dt the beginning of thé yèar 2,168,849 2,218,197 Totsl tash and cash aqulvalants at the end of the year 1,930,031 2,1Q8,849

Aldingbourne Trust Annud Report 8nd Financial Statements for the year ended 31 March 2024 35 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTtNG POLICIES l•Ji In¢ome Chaitty Inf0M￿l[￿rt Items of income are recognised and included in the accounts when ￿1 of the following criteria are rnet.. The Adingboume Trust is a pdvate company Ilmited by guarant8e incory>orated in England and W￿e8. The registered office is Thomas Eggar House, Friary Lane. Chichest8r, West Sussex, P019 1 UF. The charity has entitlement to the funds- Any pertom)ance conditions attached to the Income hav8 been met or are fully wiLhin the control of the chanty.. lal Accounting convention The￿ is sufficient certainty that ￿CeiPt of the Income is considered probable,. and The financial statements have been prepared in accordance with the chartys governing do¢umÈnt, the Companies Act 2006 and"Accounting and Reporting by Charities.. Staternent of Reoommended Practice applicable to Gharitie5 preparing their a¢counts in aG¢ordanGe wth the Financial Reporting Standard applicable in thè UK 2nd RÈpublic of Ireland (FRS 1021" las amended for accounting periods commencing from 1 January 20191. The charity is a Public Benefft Entty as defined by FRS 102. The arnount Gon be rneasured reliabty. For18gacies, entitlement is taken as the earfier of- Thè date on which the charity is aware that probate has been granted., The Èstate has be8n finalised and notification has been made by the executorlsl to theTrust that a distiibution will be rnad8,' or The financial statements are prepared in sterling, which is the functional currency of the Gharity. Monetary amounts in these financial statements ￿ rounded to th& n&arest £. Whw di5tritMJtion is rec8ived from th8 estate. Raceipt of a legacy. in whole or in part, k% only ¢onsidered probable wh&n the arDOUnt can be measured ￿lIablY, and th8 charity has been notified of the exetutors intention to make a di8tribLrtioTr. Where legacies have been notthed to the Ch￿ty. orthe Gharity is aware of the granting of probate, and the ¢rrfteria for income r8cognitior) have not been rnet, then the legacy Is treat8d as a contingent asset and dis¢losed rf mat&rid. The financial stat8m&nts have b88n prepared under the historical cost conv&ntion, rnodified to include the r8valu8tion of fixed asset investments at fair V￿Ue. The principal accounting policies are set oul below. Ibl Goln9 concem At the time of gpproving the finan¢ial $tatemeTts, the trustees have a reasonable expectation that the charity has adequate resour¢&s to continue in operdlional existen¢e forthe foreseeable uture. Thus, the trustess continue to adopt the going concern basis of awounting in preparing the financial statements. Incorne received in advance of any $8NIc8 is d&f&￿ed until the criteriafor in¢om& ￿C09n(Clon 8r8 met. Inv&strn8nt income is included when rÈ¢eivable. lel Expenditure Expenditure is rwognised once ther is a lega] or constructive obligation to make a payment to a third party, it Is probable that sèttlement will be r￿uIre and the amount of the obligation can be measured reliably. Expenditure includes any VAT which Gannot be recovered, and is r8POrted as part of the eXpend[tU￿ tr> which It r&lates'. Ic) Charilable lund$ Unrestrict8d funds are available for use at th& di$¢retion of th8 truste￿ in furtheran¢e of the gener objectivÈs of the charity. Designated funds are unrestricted fund5 eamarked by the Management Committee for parbGular purposes. Cost ol gen&rating funds comprises the Costs associated wtth attracting volunlary in¢ome and th8 ¢osts of trading. RestriGted funds arè subj8ct8d to re5trictiOn5 on their expendfture imposed by th& donor orthrough the terms of an appe￿. Charitable expendrfture compris&s those costs incurre by the charity in the deliv8ry of its activities and servi¢es for Its beneficiaries. It includes both Gosts that Can be dlocated directty to such activttie5 anij

36 Aldingbourne Trust Annual Rèport and Financial Statements for the year ended 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. those costs of an indirgtt nature n8c88sary to support them, including a share of the govarnance costs which include those GOSts as80ciated with meeting the Constitution￿ and statutory requirements of the charity and includés thè audit lees. Investments are initially rnea8ured at transaction priGe excluding costs and are subsequently Fneasured at fair V8Iu8 at each reporting date. Changes in fair valu& are recognised in net incom&lleXpendrtu￿} lorthe yaar. Transaction costs expensed a5 incurred. M8nagement and administration costs includethose costs Ilnk8d to th8 strategic management of the charity. ffl Stoek Raw Mat￿als, consumables and growing Grops arè valued at th& lower of cost and net ￿311S&￿1￿ valu8. AII c08ts are allocatad botWO8n the expenditurè categories of the SOFA on a basis designèd to rÈfl8Ct the use of the resource5. Costs relating to a particular activity are allocated directly. others are apportiorted on an appropriate basis set out in notp 7. O) D•trtor¥ Trade and otherdebtors aTe recogni$8d at th8 s8tt18ment arnount due after any trade discount. V) FLY•d ￿￿ts-T￿0tb￿ Atsot8 ik> Cath and cash equS¥alents Flxed assets lexcluding investm&ntsl are stated at cost 1È8s accumulated d&pr8clation. Minor additions costing below £1000 arg nol cap[t￿lS￿d. D&preGiation is Prtrvided at annual rates caleulaied to wrrfL8 oft th6 cost of each asset over its expected useful lif8, as follows.. Cash and cash equivJents are basis financid a&88ts and include cash in hand, deposits held at call with banks, other short-term liquid investments and bank overdrafts. Bank overdrafts ar8 shown within borrowings in current Buildings 1 Dkn to 2.5% straight line or estimated useful lif&, rf shorter 11> Cr•dltor% provl$lon$ Creditors and provisions are recognised where the charity has a pr&sent obligation resulting from a past event that will probably result in the transfer of funds to a third party and the arnount due to settle the obligation tan be measured or estimaled reliably. Glasshouses 15Yts TeduGing balanGe Fumiture, fixiures and equipment 1596 reducing balance Plant and equipment 17.5% reducing balance or straight Iln8 for as88ts with a fixed Im) Finan¢lÈl in$trnments The charity has &18ct8d to apply th@ provlsions of Saction 11 '6asic Financial Instrum8nts' and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Motor vehicles 25% reducing balance or 8 y&ars straight line Finan¢ial Instrum8nts arè recognised in th8 charitabl8 Gom>)any balanc& sh8et whèn the charitable company becomes party to th& contractual provision of tha instrum8nt. 191 Impainn•nt of tix•d as¥•ts At each reporting end dat&. th8 charitab18 company rÈvi&ws tha carwng amounts of ils tangible assets to d6t8rmine whother there is any indi¢ation that those assgts have SLrffered an irnpairmènt loss. If any such Indication exists, the recoverable arruunt of the a55et is estimated in order to deterrnine the extent of the impairment loss (If any). Flnancial assèts and Ilabl1￿]￿S are offs6t, wvch the net amounts pres8nt8d in th8 financial stat8rnWts, when there is a legally enforceable right to set i)ff th recognised amounts and there is an intention to settle on a net basks or to reali5e the asset and settle the liability simultaneously. Ihl ￿￿ed asset Investments Basio finarJci313$5ets Interest5 in 5ubsidiarie5, assoGi#tes and jointly ¢ontrolled entities are initially measured at cost and subséqu8ntly tngasurecl at rost less any accumulatéd108$8s. Basic financial assets, which include debtor5 and ¢ash and bank balances. are initially measurÈd at transaction price including transaction costs and are subsequently

Aldingboumo Trust Annual Report and Financial Statements for the year ended 31 March 2024 37 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. carried at amortised cost using the effe¢tive interest method unless the arrangement ¢onstitute$ a finan¢ing transaGtion, whert the transaction is measured at the ￿￿ent value of the futyre weipts discounted at a market rate of interest. Financial assets Glassffied as recÈiv2ble wrfthin one year are not amortisad. lol Employee b•ntffts The cost of any unused holiday ￿tICI&M￿nt is recogni in the period in which the employee¥ services are receiv8d. Termination benefits are recognised imrnediately a5 an expense when the charity is demonstrably rommitted to teminatè th& employment of an 8mploy8e orto provide tennination benefits. Basic financi￿ liabiithes, in¢luding ￿ditOrS a￿ inrfcial recognised at transaction pricè unless the arrang8rn8nt Co[￿tIlUteS afinanong transaction, where the debt instrument is measured at thÈ present V￿￿e of the future payrrents disGounted at a mark8t rat8 of interest. FinanGial liabilrfti&s classrfied as payable within one year afy not amortised. Ipl Retirement boneffts The Mdingbourfte Trust stskeholder defined contribution p￿Siort scheme was closed to new Èntrants on S1 DeGernber 2013. EmployeÈs in this schèmè make a net contribution of at least 3Yts and the Twst makes a contribution of 7Yo gross. Aworkplace defined contribution pension scheme was started on 1st April 2014 and all staff not in the stakeholder scheme whD earn over the thr&shold are aLrto enrolled in a workplace pension. Employe& and Trust contributioris forihe year under rèview are 4% and S% respectively. Debt instruments ar8 subsequenyy ¢arri&d at amortl$8d cost. using the 8ffective interest rate mèthod. Trade ¢reditors are obligations to pay for goods or services that have been acquired in the ordinary COUTse of operations from suppliers. Amount5 payabl& are classffied as Gurrent liabilitl8s if payment is due wfchin one year or 18ss. If not, th&y are presented as n0n-Cur￿nt liabilities. Trade creditors are recognised iniliJly at transaction price and subs8quntly measured at am¢rti$ed cost using the eff8CtiV6 inter&st rnethod. Iq) Ctttlcal accounting estimates and judgements In the appli¢ion of th& chartys accounting policies, the trustÈps are required to make judgements. estimales and assumptions about the carrying arnount of assets and liabilities that ar? not readily apparent trom other sources. Th& estimates and asso¢iate(J assumptions are based on historical experience and other factors that ar6 considered to be relevant. Actu81 ￿sU7t$ may differ from thes& estimates. Derecognition ￿TRA8￿cIall1&h111tseS Financial liabiltties are derecognised when th& charity's contractual obligations Expl￿ ov are discharged or cancelled. The estimate$ and underlying assumptions are reviewed on Sn ongoing basis. Revisions to atGounting estimat88 ￿c09ft1sed in the period in whiGh the estimatè is revised where the revision afferts only that pèriod, or in the period of the revision and futll￿ periods where the revision affects both Current and futur8 periods. Inl L88885 Leases ￿ ¢lassrfi&d as finance lease5 whenever the terms of the leas& transfer substsntially JI thÈ risks and rewards of ownership to the lessÈÉs. Ml oth8r18ases are classnled as operating l&ases. Asset5 held under finance leases are recognised as assets at thè lower of the ass&ts fairvalue at the date of inception and the present value of the minimum lease payments. Trè related liability is included in th& balance sheet as a finance lease obligation. Lease payments are trÈat8d as consisting of capital and interest 818ments. The interest is charyed to net incomellexpenditurel for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability- Rentals payable under operating leases, including any lease inGentpies r8ceived, are charged as en expense on a straight line basis over thetefrn of the relevant lèase.

38 Aldingboumè Trust Annual Report and Financial Statèmènts for the year ended 31 Ma￿h 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. £ INCOME FROM DONATIONS AND GRANT8 Donations and grants received during the year weTe 85 follows-. Unre8trlctad Unr•slrlcted The Henry Smfih Charity Aviva Foundation 10,000 33,000 10,000 18,000 Hive Dynamite S8lsey Golf Club LDA Employment Support SeNic8 Ern&3t Kl8lnwort Charitab18 Trust 28,387 20,734 12,134 81,667 15,000 Leathersellers Guild 15,000 Reconnacting Communities Individual grants not exceeding £5.000 Individual donations not exc88ding £75,000 21,000 7,783 7,576 70.551 185,639 243,502 292.949 INCOME FROM ACTMTIES TO FURTHER THE CHARITY'S OBJECTIVES- TRAINING SERVICES Unr88trlctad Funds R•strlct8d Funds Total Totsl Frorn Local Authoriti8s for training swvices 1,826,248 1,826,248 1,803,569 Other funding for traning s8rvicas 14,400 14,400 Total rai51ng funds 1,826,248 14,4CKI 1,840.e48 1,803,569 Sponsorship f88s paid by local a￿t￿rItIeS for th8 tr￿nIng of clients at the Aldingbourn8 Country Centre and the CreativeArts S8rvic8 traning facilities have been r8classified 85 5etvices under contract and are now treated as un￿stricted income.

Aldingboume Trust Annud Report and Financial Ststements lorthe year ended 31 March 2024 89 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. INCOME FROM ACTvrfmES TO FURTHER THE CHARifY's OBJECTIVES- RESIDENTIAL CARE Frorn LOC￿ Authorities for ￿sidential care 3.194.551 2.930,821 Funds tsceived trom Ioc21 authorities in respect ot support seM¢es prowdÈd to residents of the Trust's residentid units have be&n reclassified as services under contract and are now twted as unrestrict8d income. The costs of providing these Gare 5erviGes are part of the overall Gosts of running thp Trusts residential units, and it is not considered cost-beneficial to prepare detailed cost analyses as between the residenti& and the Gare &lements. Trust management believes that the c05t of these care services is broadly #quivalent to the Government funding received. 5. INVESTMENT INCOME Unr*strt¢ted Unrestriclad Dividends 3.372 Inte￿st 5,798 Rent tsceivable 59,440 56,355 106.779 68.446

Aldingboume Trust Annual Report and Financial Statements for the yèar ended 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. RAISING FUNDS R•strtct¢d Funds Totsl N8gotiatlon of funding 58,000 58,000 56,000 Cost of fundraiser and fiJndraising ev8nts 25,641 25.641 30.236 Investrnont rnanagernent fees 1,534 1,534 2,137 Totsl raising lund$ 85.175 84175 88,373 For the year ended 31 Mar¢h 2023 Unrestricted lunds 88,373 Restri¢teLS funds 88,373 Negotiation of Govemrngnt and other funding and of partnership arrangements is an itnportant aspect of the work done by the senior management teatn, and an estimated portion of th¥r salaries and related costs has 8cGordingly been allocated to Costs of Gene￿tIng Funds. 78. CHARITABLE ACTNITIES EXPENDITURE Unrestrlcted Funds Restrict•d Fund5 Totsl 2023 2024 TRA]NINQ staff costs 1,839.090 115,577 1.839,090 1,570,976 Depreciation Repairs and renewals Oth8r direct costs 115,577 102,820 137.608 197.606 170,306 243,918 243,918 139,104 2,336.191 2,336,191 1,983,206 Share tsf support cost8 Isé@ Not8 7fj Share of governance costs Isee Not8 70 Totsl 298,026 298,026 268,4g8 5,144 5.144 11.248 2,639,361 2,639.361 2,262,94B For the year ended 31 March 2023 UnrestrKte(I funds Restricted funds 2,262,948 2.262,948

Aldingbourne Trust Arnnu￿ Report and Financial Statements for the year endgd 31 March 2024 41 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 7b. CHARITABLE AcTIV￿lEs EXPENDITURE Total 2024 Funds Fund$ REsIDE￿IAL ACCOMMODATION Rent payable to ian¢Jlords 1.121.997 1,121,997 1,121,997 158,089 1,039,576 1.039,576 142,424 1.121,997 Share of support costs Isee Note 7fj Share of govemance co$t$ lsee Note 71) 158,089 2,729 2,729 5,985 Totsl 1,282,815 1,282,815 1,187,965 Foi thè year ended 31 March 2023 UnrÈstricted funds 1,187,965 Rd5tricted funds 1,187,965 7¢. CHARITABLE AMMES EXPENDrruAE Unresthcted Fund8 Restrictsd Funds Total 2024 Ttstal CARE IN RESIDENTIAL ACCOMMODATION Staff costs 2,530,290 15,300 752.283 2,530,290 2,420,192 16,200 Depreciation Other direst ¢osts 15,300 752,283 883,174 3,297,87J 3,297,873 3,099.566 Shar8 of support costs Ise8 Not8 7fj Share of govemance costs Isee Note 71 471,352 471,852 424.647 8.135 8.135 17,786 Totsl 4777,360 3,7TF,360 4541.ggy For the year ended 31 Mareh 2023 Unrestricted funds Restricted fund$ 3,541,999 3,541,999

42 Aldingbourn8 Trust Annual Report and Financlal Statements for the year ended 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 7d. CHARIYABLE ACTIVITIES EXPENDITURE Totsl Total Fund F￿d8 PRODUCE AND SERVICES Workforce Developrnent C05ts 708,900 708,900 1.081,090 Other direct cost5 368.051 368.051 291,316 Total 368.051 708,900 1.076,951 1,372,406 For the year ended 31 Mar¢h 2028 Unrestricted funds 291,316 1.081,090 Restrfcled funds 1,372,406 78. CHARrrABLE ACTMTIES EXPENDITURE R8Strtcted Fund¥ Total Tot•1 FuThl8 MANAGEMÉNT AND ADMINISTRATION Staff costs 280,270 280,270 271,155 Total 280,270 280.270 271.155 For the year en(Jed 31 March 2023 Unrestricted fund5 271,155 R8Strict8AY funds 271,155

Aldingbourne Trust Annual Report and Finaneial Statements for the year ended 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 7f. CHARITABLE ACTtVlTIES EXPENDITURE Support Total 2024 Totsl SUPPORT COSTS (INCLUDING GOVERNANCE COSTSI Staff costs Costs 548,619 47,&31 331,217 548,619 47,831 831,217 435,007 39.947 360.613 Depreciation Olher dire¢t costs Governance costs Auditors remuneration 12,000 12.OCI) 13.500 Leg￿ and professional fees 4.008 21,497 Total 927A67 16.008 943,475 870,564 Support Governance Costs Total 2￿24 Toial 207d Analysed between.. Training Resid&ntial accommodation 298.026 5.144 303,170 279,742 158.089 2.729 160,618 148,389 C8re in residential accommodation 471,352 8,185 479,487 442,433 Total 927,467 16,008 943,475 870.564

Aldingbourne Trust Annual Report arKI Financial Staternenls for the year ended 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 8. TRUSTEES REMUNERATION The Trustees n8lth8r recelvpA Th?r waived any Tetnuneration or 8xp8ns8s during the year P023- £nlQ. 9. STAFF COSTS Unrnstrlctad UnrwJtri¢t•d Sdaries 4,724,343 4,271,358 Social security costs P8nslon costs 367.6go 8,865 141,900 22,335 126,301 Llfe Assuranc8 18.805 5.256,268 4.753,329 Employee5 owning moro than £60,000 during the y8ar'. 2024 Nurnb•r Number £60,001 £70,000 £70,001 £80,000 The key managernent personnd of the ¢haritsble Company comprise th? trustee5, the Managing Director, the General Manager, the Head of Financè, the HR Manag&r and th& Head ol Support. The total ernployee Costs of the key manag8mÈrtt personn&l of the charitable Gompany were £338,27012023- £327,154), of which, pension contributions were £15.52012D23- E15.2911. The av8rag& number of employees, calGulate£l on a head Count basis was.. Numb•r NuM￿r Residwtial proje¢t$ 131 128 Training projects Management and adlninistration of thè Charfty 121 109 28 27 There were a total of 15312023- 1451 full tim& equivalent employee5 in the year. The￿ wer8 no redundancy costs during the year12023- £8,709). Th&re w8re termination paym8nts of £11,00012023- £10,0001. A settlement was reached prior to the y8ar end and £11,000 has been included in credElors.

dingbourne Trust Annud Report and Financial Statements for the year ended $1 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 1￿ TRANSFERS gEfwEEN FUNDS Thetransfer b&twe&n funds in 2024 relat&s to thè d&preciation charge for the ye&r on restricted fund tsngible assets which is shown in unrestricted fund expenditure. In 2023 certain incorne funds and related expenditure were cl855ified as restricted, but thè net resuycs of this activlLy formed part of th8 Trusts general funds. In both years it is therefore necessary to make a transfer b&twe&n r&stiict8d and unrestrict8d funds. in OTderto bring fvnd balances into line with Ihe year•d Blan¢È Sheot position Isee nots 221. 11. CORPORANON TAX The charilable company is exempt from tax on Income and gans falling within section 505 of the Taxes Act 1988 or section 252 of Ihe Taxation of ChaoeablÈ Gans Act 1992 to the extent that these are applied to its Gharitsble obje¢t$. 11 VOLUNTEERS The chartty was supported by 279 volunteers P023- 2411, who proMd¢d 1,597 hours per week of asslstance in various areas of the chartty'5 actiwtie$.

46 Aldingbourne Trust Annual Report and Financial Statements for the year grTrded 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 1& TANGIBLE FtXED ASSETS Land and BUll¢￿n9¥ Land 8nd Buildings Freehold Glas8 pkn& Motor Equlwmnt Vehlcl80 Totsl Cost or valuation: 1 April 2023 Additions 7,513,074 252,605 68,833 647,547 155,030 8,635,089 53,715 53,715 Disposals 64,326 4,495 201.597 270,418 31 March 2024 7,513,074 188,279 82,338 499.665 155.030 8.418.386 D8preciation: 1 April 2023 Charg8 for the y8ar DiSpoS￿S 1,181,270 94,837 208,888 16,243 64,326 66,4e8 362,614 107,779 1,926,819 58 54.834 12,438 178.508 4,495 201,597 270,418 31 March 2024 1,276,107 160,705 62,029 215,851 120,218 1,834,908 Net book value.. 31 March 2024 6236,967 27,574 309 283,814 34,814 6,583,478 Nel book valLw'. 31 March 2023 6,381W4 42,917 365 284,933 47251 6.708,270 Th8 net book value of tangible fix￿ ass8ts Includ8S th& following in respect ol assets held under finance leases or hire purchase contracts. The d8pr8ciation charge in r8sp8Ct of such ass8ts afnounted to £1809612028- £niD for the year. Plant and 8qulpment 85,308 108,404 The oharty took advgntage of thÈ transition èxemptions aValab￿ upon transition to FRS 102 in the 2017 accounting period to elect to use wevious revaluation as (Je&med cost.

Aldingbourne Trust Annual Report and Financial Ststements for the year ended 31 March 2024 47 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 14. INVESTMEKrs Lisied Investments Cost or valuation= At l April 2023 A(Idititsns 280,689 504.713 Valuation changes Oisposds 19.567 P57,8711 At 31st March 2024 527,098 Carwng arnount At 31st March 2024 527,098 At 31st March 2023 260,689 The liste(l investments ￿ worded attsirvalue whi¢h 1$ their market V￿Ue. Included within Cash at bank and in hand within the bJance sheet are fund5 helll in the brokers income and trading &¢ounts of £14,195 P023- £8,323). 15. FINANCIAL INsfRUMENTS 2024 Carying arnount of fiThanGia5 assets InstrUm￿ts measured at fairvalue through profft or loss 527,098 260,689 Price and credit risk is managed by employing Professiond investrngnt m2nagÈrs who work within an agr88d investment policy and risk profile. 16. STOCKS 2023 2023 Flaw materids, ¢onsum*>le$ and growing crops 42,175 39,211

48 dingbourne Trust Annual Report and Finaneial Statements for thè year ended 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 17. DEeTORS Amounts falllng due within one year Trade debto 597,795 471.167 other debtors and prepayrnents 234,830 287,610 832.625 758,777 Arnounl$ falling due after one year Other debtor5 prepayments 10,500 10,500 Total Debtors 848125 769,277 18. CREDrroAS- Amounts falllng du• wlthln on• y•ar Trad8 t￿dItO 143,964 139,7&5 Obllgatlons und&r flnance leases (note 201 Other Gredito 20,657 22.498 399,399 480,836 Othertaxe5 and so¢ial securlty 163,935 157,367 727,955 800,486 Included in other cr&ditors is t36,95012023- £26,0141 relating to pénsion commitm8nts. 19. CREDITORS- Amounts falling aft•r on• y••r ONigations und&rfinanc& lease5 Inote 201 60,249 81,056

Aldingbourne Trust Annu￿ Report and Financial Statements forthe year ended 31 March 2024 49 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 20. FINANCE LEASE COMMITMENTS Within one year Within two and five years 20,657 80,249 22,498 81,056 80,908 103,554 The finance leasg commitments of £80,90612023- t103.5541 are Secur￿ on the assets held underfinan¢e lea$es or hire purchase contracts. The finance charges for the year are £2,16312023- £nil). 21. OPERATING LEASÈ COMMITMENTS At the reporting Ènd dat8, the chartsble company had outstanding eommrknnentsfor future rninimum lease payments under non-¢ancÈllable operating lease5, as fo11ows.' Within one year Within hvo and five yèars 131,257 203,179 60,000 191,256 191,257 394.435 The lease payménts r8cogni88d as 8n expense in thÈ yw are £202,179 (2023- £203,179).

50 Aldingboume Twst Annual Report and Financial Statements for the year ended 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 21 FUNDS AND ANALYSIS OF ASSEfs BEnYEEN FUNDS Reth¢ted Funds Designated Funds G8naral Funds Total At 31 March 2024 Tangible asset$ Investments 155,855 75.000 ,352.623 6,583,478 527,098 527,098 Current assets 14,400 2,800,931 2,815.331 Current liabilities (727,9551 160,2491 1727.959 160,2491 Long term liabilities Total 170.255 75.000 8,891448 9,137.703 Restrictod Funds Oesign8ted Fund$ G¢n•rdl Fund$ Totsl Al 31 March 2028 Tangible assets Investments 170,329 75,000 6,462,941 6,708,270 260,689 260,689 CuTr&nt assets 2,977,337 1800,486) 181,056) 2,977,337 (800.4861 (81,0561 cur￿n1 liabilities Long term liabil¢cies Total 170,329 75.000 8,819.425 9,064,754 R&stiict8d Funds.. Construction of the principal propErties at the Aldingbourne Country Centre have b8en fund8d by specific developrnent fund appeals, and accordingly us& of the ￿et$ acquir8d are restricted by th terrn5 of the appea15. Gertain otherfxed assets have been pur¢hased with WSCC funding and a restricted forth& provision of training serrfiGe5 Designated Funds.. Thes& funds have been designated for 5pecilic purchases relating to various projects. The designated tangible asset fund is released over the useful lrfe Df the assÈts purchased in accordance with the grant r8ceiv8d from Social Enterprise Invethent Fund ISEI8. General Funds.. These repwènt thè f￿e funds of theTrust which are not designated for particular purpos&s and are ¢onstituted by the bdance of Net assets not Glassified as ￿trict￿j or designated.

Aldingboume Trust Annud Report and Financial Statements for th$ ye8r ended 31 March 2024 51 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 21 FUNDS AND ANALYSIS OF ASSETS BETWEEN FUNDS ICOKnNUEDI RESTRICTED FUNDS Tangible as8ets Twning sernrices Worlrforce 170,329 114,4741 155,855 14,400 14,400 Dwelopment 708,900 (108,9WI 170,329 7fJ,300 1708.9001 114.4741 170,255 Tr8nsler 81 Marth 2JfJ Tangible assets Traning services Rèsidential eare 184,803 114,4741 12248,4741 13.541.999) 170,329 1,803,569 444,905 2,930,821 611.178 Workforce Developm&nt 1,081,090 11,081,090) 184,803 5.815,480 16086,03n 1,056,083 170,329 Workforce devalopment funds are r￿e1Ved frorn the Governrnent and paid to organi$ation$ forstaff training 8xpenses incurred. RECONCIUATION OF MOVEMENTS IN RESERVES SuTplus for th& f5nanCI￿ year Opening reseN&s 72,949 191,118 9,064.754 9,137,703 8.878.636 9,064.754

52 Aldingboume Trust Annual Report and Financial Statements for the year ended 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 24. COMPANY The Aldingboume Trust is a charitable company lirnited by guarante8. Evwy rnembÈr of the Board of Trustee8 of the Twst undertakes to Gontribute to the assets of the Trust, in the event of the sarne being wound up while they are a mèmber or within one year after they ceas8 to b& a rnembwfor payment of th8 debts and liabilitiès of th8 Trust contracted before th&y cease lo be a rnember and th6 costs, charge5 and ex￿nséS of winding up and for the adjustment of the rights of the ¢ontributorf8s among themselves such amount as rnay be required not exceeding £5. 25. RELATED PAKfY RELATIONSHIPS AND TAANSAcnoNS Sgrwic8S totslling £16.36g w&re purchased during the yearftom Mr8 A Row8, fund-raising ¢onsultant for th8 Trust, who 15 the wife of trustee, Mr N Rowe. During th8 yéar, rent of £16,112 was paid to Eognor Makerspao& CIC, a communty interest cornpanyj of which Ms S Livett is a trust&8. Both sets of trgnsaGtions were made under normal market Gondkions. 26. RECONCILIATION OF NEf MOVEMENT IN FUNDS TO CASH FLOW FROM OPERATING ACTVI￿lEs 2Wd4 Net tnovernent in funds Depreciation charge5 Fair value (gains) lossès on investments Inv&stmgnt incorne recognised Sn statement of finana activiti85 72,949 178,508 118,6641 1106,7791 191,118 158.967 15.830 168.4481 IPri)fftl I loss on sales of fix8d 8888ts Decrease (Increase) ID stocks Decrease (Increase) in dabto Incr£ase Idecreas81 In crsditors (7751 12.9641 173,8481 170,6911 121,4891 1122,1051 148,900 312,176 27. ANALYSIS OF CHANGES IN NET IDEBTIIFUNDS 1st hpril 2tyfJ ¢ashnow New financ• l•a5•5 31st M•r¢h Cash at bank and in hand 2,168,849 1238,8181 1,930,031 Loans falling due within one year Loans falling due after more than on8 year Obligation5 underfinanee lea 1103,5541 22,648 180,9061 Total 1065,295 1216.1701 1W,125

Aldingbourne Trust Annual Report and Financial Staternents tor thè year ended 31 March 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 2& STATEMENT OF RNAN¢IAL ACTivmES COMPARATIVE FUNDS-YEAR ENDED 31 MARCH 2022 Unr8strlcteil Funds 2023 Restricted Total Funds Fund5 2WJ INCOME Donations w)dlegacies Donations and grants Govemrnent 9rants and furfough 292,949 292.949 Chsritsble Actlvlt&%.' Government funding fortraining seNce5 Rents foT residential a¢comrnodation 1.803.569 1,803,569 1,731,192 1,731.192 Govarnment funding for residential cwe Workforce Oevelopment Funding Sale of produce and s&rwices 2,930,821 1,081.090 2,930,821 1,081,090 1,023,727 1,023,727 Investments Investment income 68,446 68,446 Totsl 3,114314 5,815.480 8,931.794 EXPENDITURE ON: Rwsing fvnd5 Negotiation of government funding Fundrasing trading= other costs Invethent management fees 56,000 58,000 30,236 2,137 30,236 2,137 Charitobje A¢by￿e$ Training services Residential accommodation 2.262.948 2,262,948 1.187,965 1.187.965 ca￿ $eNices in residential a¢¢omrnodation 3,541,999 3,541,999 WorkEorce Developmènt Costs 1,081,090 1.081,090 DireGt Gosts of prDduGe and servi 291.316 291,316 Managernent and administration 271.155 271,155 Total 1,828,809 6,886,037 8,724,846

54 Aldingbourne Trust Annual Report and Financial Statements for the year ended 31 Morch 2024 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 contd. 28. STATEMENT OF FINANCIAL ACTMTIES COMPARATIVE FUNDS- YEAR ENDED 31 MARCH 2￿23 IcoKfiNUEDI UnrestrlGt•d Funds 2trWJ R•sts1ctad F￿d$ 2023 Total Funds INCOMEIIEXPENDITUREI 1.277,505 11,056,083) 11,070,$571 1,056,083 206,948 Transfèrs between funds 221,422 114,4741 206,948 Other￿C09n￿seLl gainslflosses) Rèaliséd gainslOoss881 on investrDent5 113,6601 113,8601 GainsllLossesl on revaluation of investments P,1701 12,1701 NET MOVEMENT IN FUNDS 205,592 114.4741 191.118 RECONCILIATION OF FUNDS: Total funds brought forward 8,688,833 184,803 8.873,636 TOTAL FUNOS CARRIED FORWARD 8.894425 170.329 9,064,754 CAPITAL COMMITMENTS Amounts contraoted for but not provid8d in the finanoid 5tatement$'. 2023 Acquisi(lon of property, plant and equipmènt 21,533

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AtdingboLrne Trust pport ChangE.LwÈ Tr. 01243 544607 &. Into@￿din9b0w￿eIr￿O1v V. dingbtsufnetntstorg TheAWthubcwnÈ Ihjst Blxthill L Norton Ch¢chester We5t8u56ex P0181klP I%￿#￿.cOn￿￿i￿gL¥JUrne_l Supporting people with disabilities to develop and live the lives they choose.