CLA Charitable Trust Accounts
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CHARITABLE
TRUST
CLACHARITABLE TRUST
TRUSTEES, REPORT, INDEPENDENT EXAMINER'S REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 30 NOVEMBER 2023
CHARITY REGISTRATION NUMBER280264

CLA Charitable Trust Accounts
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CHARITABLE
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Contents
Page
Officers and Advisers
Chair of Trustees Report
Trustee's Report
Statement of the Responsibilities of the Trustees
Independent Examiner's Report
Statement of Financial Activities
10
Balance Sheet
Notes to the Financial Statements
12

CLA Charitable Trust Accounts
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CHARITABLE
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Trustees:
Bridget Biddell Ichairl
Robin W Clarte
Andrew Grant (Resigned 4 Ocl 20231
Jane Lane
Roger Douglas
Giles Bowring
Caroline Wilson
Tessa Berridge (Appointed 1 Nov 2023}
Hannah Connors {Appoinled 1 Nov 20231
Ben Monks (Appointed 1 Nov 2023}
Charlty Reglster•d number:
280264
Bankers..
The Royal Bank of Scouand
62-63 Threadneedle Sireel
London
EC2R 8LA
Reglstered Offlce:
16 Belgrave Square
London
SW1X 8PQ
Independent Examlner..
Crowe U.K. LLP
Chartered Accountants
Black Country House
Rounds Green Road
Oldbury
B69 2DG
Investment Managers:
Ralhbone Investment Management Limited
8 Finsbury Circus
London
EC2M 7AZ

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Chair's Report for the year ending 30th November 2023
202212023 has been a year in which we have seen a huge increase in demand for grants from
excellent charities and social enterprises delivering outcomes in line with our priorities and objects. We
have been able to match some of this increased demand with increased giving. but sadly not all. I
would like to thank the trustee Board for their diligence and time in considering the applications and
making difficult decisions about which grantees to support.
We have supported the work of 81 charities and non-profit organisations, with grants made totalling
£252,739. An increase on 2022 when 61 grants were made totalling £243,838.
Our grant spending has been spread across England and Wales as shown here:
14%
14%
4%
. North
Midlands
East
London
South East
. South West
Wales
Multi year funding
l am delighted that we have been able to continue our mulliyear funding to impactful charities whose
work aligns perfectly wilh our aims. This includes support for Famis for City Children, Jamie's Farm
and The Countryside Trust with the addition this year of Countryside Learning.
The Charitable Trust continues to make scholarships to undergraduates at both Harper Adams
University and Aberystwylh Universty prioritising students from backgrounds traditionally
underrepresented in the rural sector. In 2022123 academic year we supported six students with
funding towards their studies. l am pleased that the new scholarship programme with Aberystsvyth
University is now established and satisfactorily embedded.
The work of the Charitable trust continues to grow in its relevance, as England and Wales wami too
nature-based wellbeing and social prescribing. There is no doubt in my mind thal this need will
conlinue lo grow. With this in mind I would like lo thank all our donors for their support, and in
particular to say how grateful l am to donors who have had the foresight to leave generous legaGies.

CLA Charitable Trust Accounts
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As in previous years I would like to thank the CLA for their support, for undertaking the work required
under the seNice level agreement and helping raise the profile of the Charitable Trust Ihrough
increasing social media and communications activities.
Andrew Grant has seNed two temis of three years as a Trustee, retiring in November 2023, a big
thankyou to Andrew. and to all the Truslees of the board who have given their expertise lime and
commitment to the Trust.
And finally, my heartfelt thanks to all the organisations we have been able to support this year. It is
their continuing hard work, in a challenging sector. in delivering impactful support, education and
nurture in and about the countryside that is so important.
<itr, r ?,,-
Bridget Biddell MA MRICS DL
Chalr of Trustees

CLA Charitable Trust Accounts
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CHARITABLE
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Trustee's Report for the year ending 30th November 2023
THE TRUST DEED
The Charitsble Trust deed was made on 29 March 1980 and presented to the
Commissioners of Inland Revenue on 2 June 1980. The Registered Charity Number is
280264.
THE OBJECTS OF THE TRUST
The Trustees shall hold the capital and income of the Trust Fund upon Trust lo apply the
same at such time or times as they may in their absolute discretion think fil for all or any
one or more of Ihe following objects-
1. Advancing people's physical and mental health and wellbeing, through financial
support of charities, not for profit organizations and social enterprises which are
delivering access, recreational and educational opportunities within and abovl the
untryside.
2. To promote and encourage education in. famiing, food production and rural land
management
3. The relief of poverty
4. Such other charitable purposes as the trustees may in their absolute discretion from
time to lime think fit.
POLICIES OF THE TRUST
The Trustees have the discretion to vary the objects of the Trust to ensure that its work
continues to be relevant and lo meet the intentions of the foundin9 Trustees.
ORGANISATION
The Trust is administered by the Trustees. of whom one is the Chair. and adminislrative
support is provided by the CLA under a service level ag￿eMent. Trustees are appointed
for a term of three years with a possible further three-year temi. Selection of any new
truslees is made after advertising within the CLA membership and through a formal
interview process. A Iruslee's skill audit is mainlained and new trustees are recruited to
provide the skills identified as required. Trustees receive an induction pack on having been
recruited. There are no restrictions on the number of trustees. bul the power of appointing
new trustees is exercisable by the President of the CLA. The Trustee Board includes one
trustee as the CLA Board representative who also sits on the CLA Board.
THE YEAR 2022- 2023
The total amount of grants and scholarships awarded by the Trustees during the year was
£252.739 {2022.' £243.838).

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REVIEW OF TRANSACTIONS
A full statement for the year ending November 2023 is given in the Statement of Financial
Activities and Balance Sheet on subsequent pages.
GRANTS TO OTHER ORGANISATIONS
A list of grants of £5,000 and over. ison page 16 in note 11 to the accA)unts.
PUBLIC BENEFIT
The Trustees Confi￿ that they have complied with their duty in the Charities Act 2011 to
have due regard to the public benefit guidance published by the Charity Commission in
determining the activities of the Trust. The Trustees review the activities against its aims
and are satisfied that all the activities continue to focus on achieving its aims. No specifi
issues of detriment or hami have been identtfied.
RESERVES POLICY
The level of reserves are set at an appropriate level to ensure that adequate resources are
available to allow the Trust lo meet all outstanding commitments at any point in time whilst
having regard lo the level of investments and the ongoing support of the CLA and its
m8mbers.
INVESTMENT POLICY
The investment policy of the Trust is one with medium risk with the aim of achieving a
growing income and capital growih. The Trustees believe that a mixed portfolio of bonds,
equitiès, alternative investments and cash would produce an income return in excess of
cash and money market instruments and also has the potential lo grow over lime, albeit
with some risk to capital. However, the porffolio is well diversified from a
geographical perspective and has the potential to generate Capital grovAh in the medium
term-
The Truste8s reappointed Rathbone Investment Management Ltd as th8 inv8Stment
manager.
The Trustees have asked the Investment Managers to clarify their ESG policies in terms of
all investments held on behalf of the Trust.
The performanceof the portfolio under Rathbone's management experienced a
disappointing year: from December 2022 to November 2023, the portfolio produced
negative returns of 3.0%, compared to the benchmark of 6.9% and the FTSE All Share
decline of 2.141..

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TRUSTEE'S RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The Trustees are responsible for preparing the Trustees, report and the financial
statements in accordance wilh applicable law and United Kingdom Accounting Standards
{United Kingdom Generally Accepted Accounting Practice.)
The law applicable to charilies in England and Wales requires Trustees to prepare
financial statements for each financial year which give a true and fair view of the state of
affairs of the Trust and of the incoming resources and application of resources of the Trust
for that P8riod. In preparing these financial statements. the trustees are required to..
select suitable accounting policies and apply them consistently
observe the methods and principles of the Charities Statemenl of Recommended
Practice
make judgements and estimates that are reasonable and prudent
state whether applicable accounting standards have been followed. subject to any
departures disclosed and explained in the financial statements., and-
prepare the financial statements on the going GOn￿M basis. unless it is
inappropriate to presume Ihat the Trust will conlinue in operation
The Trustees are responsible for keeping proper a¢¢ounling records that disclose, with
reasonable accuracy at any time. the financial position of the Trust and enable them to
ensure that the financial statements comply with the Charities Act 2011 and the provisions
of the Trust Deed. They are also responsible for safeguarding the assets of the Trust and
hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities. The Trustees are responsible for the maintenance and integrity of the Trust
and the financial information included on the website.
This report was approved by the Trustees on
on their behalf by..
20 August
2024 and signed
<i,r7
AA4
Bridget Biddell MA MRICS DL
Chair of Trustees

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Independent Examiner's Report to the Truslees of CLA Charitsble Trust
I report to the trustees on my examination of the accounts of CLA Charitable Trust (the Ghartyl for the
year ended 30 November 2023, which are set out on pages 10 to 16.
This report is made solely to the charty's trustees, as a body, in accordan￿ with section 154 of the
Charities Act 2011. My independent examiner's work has been undertaken so that I might state to the
harity's trustees those matters l am required to state to them in an independent examiner's report and
for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to
anyone other than the charity, the charity s members as a body and the charity's trustees as a body for
my independent examiner's work, for this report. or for the opinions I have formed.
Responsibilities and basis of report
Since the charity's gross income exceeded £250.000 the independent examiner must be a member of
a body listed in section 145 of the 2011 Act. I confirm that l am qualified to under th8 examination
because l am a member of the Institute of Chartered Accountants in England and Wales, which is one
of the listed bodies.
As the charity trustees of Ihe Trust you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 (the A¢t'}.
I report in respect of my examination of Ihe Trust's accounts carried out under section 145 of the 2011
Act and in carrying out my examination I have followed all the applicable Directions given by Ihe Charily
Commission under sedion 145(51{b) of the Act.
Independent examlner's stslement
I have completed my examination. I confim that no material matters have coma to my attention in
onnection with the examination giving me cause to believe that in any material respect..
accounting re¢ords were not kept in respect of the Trust as required by section 130 of the Act.
or
2. the a¢¢ounts do not accord with those ￿￿rds. or
3. the a￿ount$ do not Comply with the appli¢able requirements concerning the form and ¢onlent
of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the acwunts give a 'true and fair, view which is not a matter considered as part
of an independent examinalion.
I have no concerns and have come across no other matters in connection with the examination to which
altention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Helen Blundell LLB FCA FCIE DChA
Crowe U.K. LLP
Chartered Accountants
Black Country House
Rounds Green Road
Oldbury
B69 2DG
Date 26 September 2024

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CLA CHARITABLE TRUST ACCOUNTS
STATEMENT OF FINANCIAL ACTivrriES
Year ended- 30 November 2023
Unrestrirted
Funds
2023
Total
Funds
2023
Total
Funds
2022
Note
Incomefrom:
Donations
Legacies
Other- Deed of Cov6nanUGift Aid
190.872
161,970
976
353,818
190,872
161,970
976
353,818
213.579
1,090
214,669
Investments
10,055
10,055
10,188
Total Income
363.873
363,873
224,857
Expendlture on:
RalsSng Funds
Charitable Activities
14,2391
1267.6961
14,2391
1267.6961
13,921)
1257,487)
Total Expendlture
271,935
1271.935
(261,408 J
Net IncomellExpenditurel
91,938
91.938
36,551
Other Recognbed GalnsllLos$e$)
IL0ssesyGai￿ on inv9Stmerrts
10,600
10,61XI
33,856
Netmovementln Funds
81,338
81,338
170,407)
Reconclllatlon of funds:
Total funds brought forward
413.865
413￿65
484,272
Total funds carried forward
495.203
495.203
413.865
The notes on pages 12 to 16 form part of these financial statements
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CLA CHARttABLE TRUST ACCOUNTS
BALANCE SHEET
As at 30 No¥ember 2023
2023
2022
Note
Flxtd Assèts:
Investments
488.452
353,762
Current Assets:
Debtors and Prepayments
Cash at Bank
14.671
14.096
28.767
15,212
45,892
61,104
Credltors due wlthln on• y•ar:
22,016
Currènt A55ets
6.751
60,104
TOTAL NET ASSETS
495,203
413,865
FU140
Unrestrictèd Fund
495,203
413,865
The notes on pages 12 to 16 form part of these financial statements.
The financial statementswere approved by the Board of Trusteeson 20 AuRUSt 2024 and were signed on its behalf by..
AA4ts
Bridget Biddell MA MRICS DL
Chalr of Trustees

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NOTES TO THE FINANCIAL STATEMENTS
1. General infomiation
The CLA Charitable Trust is a registered eh8rity (Charity registered number 2802641 with the Charity
Commission in England and Wales. The registered office is 16 8elgr8ve Squ8re. London SW1X 8PQ.
2. AG¢ounting policies
2.1 Basls of preparation of flnanclal statsments
The financial statements have been prepared in a¢¢ord8nce with the Ch8ritie$ SORP IFRS 1021
(second edition
October 2019
Accounting and ReFX)rting by Ch8rities.' Statement of
Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021-
Assets and liabililiesare initially re¢ogni$ed al hi$lori¢al cost or tran$a¢tion value unle$$ otherwise
staled in the relevant a¢¢ounling policy.
The presentslional currency of the Trust is Sterling and the finandal statements have been rounded
to the nearest whole number.
The $ignifi¢anl ac¢ounling poli¢ies applied in the preparation of these finan¢ial $talements are set
out below. These policies have been consistently applied to all years presented unles$ otherwise
stsled. The CLA Charitable Trust meets the definition of a public benefit entity under FRS102.
2.2 Golng concèrn
Al the time of approving the financial statements. the Trustees have a reasonable expectation that
the Trust has adequate resources lo continue in operational exislence for the foreseeable future
and that there are no material uncertainties about its ability lo continue.
Thus the TTU$tees Continue to adopt the going ¢oncem basi$ ofa¢¢ounting in preparing the financial
slatemenls.
2.3 Incoming rgsources
All income is recognised once the Charitable Trust has enb'llemenl to the income and il is probable
that the income will be re￿ived, and the amount of income receivable can be measured reliably.
Other donations are included within income when these are received. If there are conditions
attached lo the donationlsl that require a level of performan￿ before enlitlemenl can be obtained,
the income is deferred until those conditions are fully met or the fuifillment of those conditions is
within the control of the Charitable Trust, and it is probable that they will be fulfilled.
2.4 RBsourcos expBndod
All expenditure is accounted for on an accruals basis. Expenditure is recognised once there is a legal
or conslruclive obligation to transfer economic benefil to a third paty and it is probable that a transfer
of economic benefits will be required in selllemenl and the amount of the obligation can be measured
reliably.
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2.5 Costs of generating funds
Expenditure on raising funds includes all expenditure incurred by the Charitable Trust to raise funds
for ils charitable purpose and includes cosls of fundraising activities and events and investment
manager costs.
2.6 Charitable Activities
Expenditure on ch8ri18ble activities is incurred on directly undertaking the activities which further the
Charitable Trust's objectives, as well as any 8SSOClated support costs.
This includes Grants made by the Trust. bursaries to scholars al Harper Adams University and an
appropriate proportion of overheads.
All expenditure is inclusive of irrecoverable VAT.
Grants payable lo organisalions are within the chariL9ble objeelives of the Trust. Where unconditional
grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise lo
reasonable expectslion that the recipient will receive the grants.
2.7 Fixed asset investments
Fixed Assets investments are a form of basic financial inslrumenls and are initially recognised at
their transaction value and subsequenuy measured al fair valve using the closing quoted markot
value. All gains and losses are accounted in the slatemenl of Financial Activrties ISOFAI when they
arise.
The Charitable Trust does not have holdings in complex financial investments.
2.8 Fund accountlng
General funds are unrestricted funds which are available for use at the discretion of the Trustees
in furtherance of the general objectives and which have not been designated for other purposes.
There have been no restricted funds in the last two years, as donors have made voluntary donations
with no obligations or reslriclions on the Charitsble TnJ$t.
2.9 Flnanclal Instruments
The charity holds only financial assets an(J financial liabilities of a kind that qualify a5 basic financial
inslrumenls. Basic financial inslwmenls include deblors and creditors. Debtors and creditors ar8
initially recognised al transaction value and subsequently measured at their settlement value.
2.10 Judgements and key sources of estimation uncertainty
Estimates and judgements are continually evaluated and are based on historical experioncg and
other factors that are believed to be reasonable under the circumstances.
There are no signrficant estimates and judgements used in the preparation of these financial
stalemenls.
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CLA CHARITABLE TRUST ACCOUNTS
STATEMENT OF FINANCIAL AcrivtnES
Year ended 30 November 2023
3. C05t of raising funds:
Unrestricted
funds
2023
Unrestricted
funds
2022
Travel & subsistence
Investment management fees
1,474
1765
1,024
2,897
4,239
3,921
4. Charitable activities..
Unrestricted
funds
2023
Unrestricted
funds
2022
Grant5
Support Costs
Insurance
Independent Examination
Administration, IT, Printin& postage & Statione
252,739
243,838
11,040
392
1,948
269
392
1,525
267,696
257,487
5. Twstees, and employee remuneration and expenses
During the year, no Trusteees received and remueration or other benefits12022- ENILI. There were no
employees in the current or previous period.
No employee received remuneration amounting to more that £60,(KK) in either year.
During the year ended 30 November 2023, Trustee expenses totaling £1,33212022.'£4011 were incurred.
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6. Investments..
2023
2022
Market Value brought forward
353.762
391,878
Additions
30,295
Disposals
(20.324)
Movement in cash held for reinvestment
135,(KJS1
16,064
ILossesllGains
110.6001
(33,856)
Market Value . Listed Investments C/Fwd
338,452
353.762
Cash deposit held for investment
150,0(MI
Total Investments
488.452
353.762
7. Debtors
Unrestrlrted
funds 2023
Unrestricted
2022
Accrued Income
14,671
15,212
8. Creditors amount falling due within one year
Unrestricted
funds 2023
Unrestricted
fvnds 2022
Trade Creditors
Accruals
12,996
1,020
14,016
1,000
Grant Commitment5
Brought forward at l December 2022
Awarded intheyear
Paid in theyear
Carried forward at 30 November 2023
252.739
1244,7391
243.838
1243,8381
Total Creditors due within one year:
22.016
I,O(KJ
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9. Taxation
No provision for taxation is required, as the Charitable Trust is a Registered Charity
and it takes advantage of the exemptions available to it.
10. Financial Instruments
2023
2022
Financial assets measured at fair value
338.452
353,762
Financial assets are measured at fair trade value comprise listed investments
11. Grants of £5.000 or over to other organisations
Recipient- Unrestrirted Fund
Amount
Harper Adams Unlverslty Development Trust
jamie's Farm
Farms for City Children
The Country Trust
Countryside Learning
Essex Agricultural Society
Thorna8e Hall Independent Living
lamle's Farm
Susan's Farm
7,000
7,000
7,000
5,000
5,000
5,000
5,000
5,000
s,oc
The Askefield Project Ltd
Pembrokeshire Agricultural Society
The 05win Project
71 Other grants were awarded during the year totalling £182.739.
No grants have been made to individuals.
12. Related party transactions
The CLA Charitable Trust (the Trust) has a related party relationship with the Country
Land and Business Association ICL41. Members of the CLA make an annual donation
of £10 towards the grant making objettive of the Trust. At the end of the financial
year 2023, there was a balance due to the Trust of £14,67112022.. £15.2121
The CLA provide a number of administrative servi￿$ to the CLA Charitable Trust
under a service level agreement. The charge for these Services for 2023 was
£12,CKJO12022.. £11.0401
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