2024-03-31-accounts

Annualjleport 2023-2024 THE www.sharphamtrust.org Sharpham TRUST

Chair's Introduction Our r￿lOn, Purpose and Principles Ourvision To create a more mindful, Compassionate and enluronmcntalty-sustainablc worliL To connect people with nature and faster The Tr￿tWorks to a strongset of guiding principles and these act as a moral and crealive cO￿pasS in the planning of activities and projects. Our Principles The Trust's activities guidedby an und￿Standing of the IThten￿nn￿tedneSs of 8Jllife a deep ￿SpeCt forthe naturaiworld a belief in le2rningthrough experien(% creative engagement and enquiry an aeknowledgetnent of thevalue of stillness and awareness The Th￿t aspires tobe a IiTringdemonstration of these principles inall our activitie& Objectives . To develop a range of innovative edu(ational actiTrities based on a sense of Sharpham as a special place 2. To dell￿nstrate susta]￿ble approaches to managing the land and buildings 3. To promote greater a￿sS to the Sharpharn Fstate 4. To operate a balan(%d budget with a secure incomebase Welcome to our 2023-24 annual reporL Huge thanks must go to all our staff, facilitators and volunteers who together hold the beautifi Spa￿ that is Sharpham. ID tbis place of peaee many ￿￿p]e wbo eome to stay with us have life-changing experiences and many fmd a deeper ￿nneCtiOn with nature - and with themselves. Our expanding body of work exploring the connection between mental health and nature is particulaAy relevant to tc*4ay's digital ]ifestyle. If you feel your life is caught up in the rush, this is the place foryou to meet yourself again. In a difficult economic environmenL Sharpham continues to carefully evolve, gradually developing redundant farni buildings on the estate to serve a widening demographi always with the intention of fostering a more sustainable, eompassionate and mindful world. Thank you for your interest in the Sharpham Tll￿￿ I hope you will come to staywith us SLK) Danielstokes, Chairofthe Sha￿h{￿ 71itst Keep updated about Sharpham retreats, ncws and events: www.sharphamtrust.orKl2subscribe

Director's Report Volunteers will be involved with these efforts and our public events programme will include lots of tree-related opportunities. We continued our publie engagement work running events and sch￿] visits. sharing the i￿pOrtanCe of restoring our environment and wildlife. We also secured a grant from Farming in Protected Landscapes to create a new 20-acre wildfiower meadow in front Of Sharpham House, which will add to the masaie of habitats across the estate. Financially we are liviug in tough times and many charities are struggling as are many of our beneficiarics. Trustees continuc to bc focused on making sure the Trust remains resi]ient but also that we rewew our programrne and M"ork to make it as accessible as possible to as wide an audience as possible. Many people have benefited from ollr bllrsaries and we have increased these for young people thanks to a genero￿8 donation from the Hollick Family Foundation. Our retreat programme goes from strength to strength and must be one of the largest in the UK if rAOt the worldl We have started hosting larger retreats for external organisations who want their members to benefit from what Sharpham offers. Organising the programme is a huge logistical task $0 a big thank-you to the tea￿ for how smoothly it all runs. We hope to see you back at Sharpham soon. Another year has flowm by and a lot has been achieved by our staff. volunteers, retreat leaders and Th]stees. IYS important we pause and appreciate their hard work and dedication. Once again the feedback from our participants has been very positive MTrth numerous pcople saying how important ￿ltIng Sharpham has been to them and how transfornMtional it Can I￿. ThToushout the year there has been a theme of developing our links to the natural world across all the work we do. It was the last year of our Wild For People project. funded by the National tJ)ttery Heritage Fund- and this project delivered in partnership with Ambios has had a huge impact in ternis of both the wildlife that has returned, as well as the people who have witnessed it. We have been running Wildlife Discovery Retreats at the Coach House and participants have told me how much they have learned about nature recovery and gained from spending time in the natural world. We'ye enjoyed our birds, bugs, moths. bats, wildfiowers and much more. The next phase of our nature recovery work 1$ a neM project funded by the South West Comnjunity Forest which will see us plant some 5,000 trees ana new hedges on the estate. Julian Carnell, Trust Director ri WOsharphamTrust

Sharpham Trustees Our Trustees 2023-24. From left to right.. DonielStLes. Julie Richardwn. Martin Wrwht. EveAnneeke, Jane Sillis, I￿ll10MLono. Inset., Charlotte Rathbone. ondermentllMugicol...nurturirtg..loodso delicious aiid nouris Ltsv¢ly coring supportin cvery a.spect" Coach Hou ret tantleoiing 4-Itar reviewy" . iryfj. www.sharphamtrust.org

' •r Retreats & meditations in-person and online Tn book, visit our website or call 01803 732542

Mindfulness Retreats, Meditations & Courses Mindfithiess supports The Trust's charitable activities, our approach to caring for the land and each other. The Sharpham Trust was founded in 1982 by Maurice & Ruth Ash, daughter ofthe Elmhirts of Dartington. The is a leading minilfulness centre nationally, offering a rich Prograllune of retreats and courses with different d(K)nYays into mindfth awareness- including offers for beginners and e￿rienCed meditators. We offer seeular n)indfu]ness retreats & eA)urw as well as retreats based in the Buddhist tradition and so]itary retreats. We have online Tetreats and meditation sessions to enable hundred8 of people who ean'tNusit to IKnefft from mindfulness practices lastyear 2,293 people benefited from Sharpham mindfulness retreats, with IM people taking part in our Mindful-in-Nature Sessions,￿ participants on our 8-week Mindfulne￿ COUTse and an estimated 120'sitters' a week on our online n￿ditatiOn ses5ion& Sharphuin HviisL, hus bL'L'lI Iilc) Lhuiiginy ti) 114y iiiind u>(L% tc)tulliJ bli)wpi bli Ilie bL'uiilifvl Iiutuix, uf ÈliÉ' L'btutL'. A trulij niagicul geÈUu￿YfI-o￿? clail.y lili,. which ￿lad£Tr nie appp'vLiule th¢. big and •niall ujoiiderb of iiunii'e Idrr, reiieknin¥. Shdn)liain I4{Tr￿￿e rLlI'ul uii Go(NLe www.sharphamtrust.org

Mindfulness in 7 places: Sharpham House The Barn Retreat Retreats Centre This Tetreat venue offe People stayin eommunity at Tetreats with a deeper ]&e Ba￿ liTring and connection to nature and meditating together and c£lebrated its one year working on the land each day. anniversary this year. In this year, The Barn offered Participants gave the venue shorter and longer stays & positive feedbacL 5-Star continuing teacher-led Offe￿ rnryews on Gix)gle and re￿at alongside its signature 6-ni8ht meditation retreat. The Coach House Our retreats in a Georgian house on a bena in the River Dart allow people to stay full- board aD]id history, art and stunning nature. Sharpham House retreats continued to near eApacity OT full up throllshout this year. Woodland Online Retreats Online Meditation Retreats Our i-day and Weekend se.ssions The￿ take plaee under (2nva8 on]ine retreats support people We (x)ntinued with weekly in w(Mx]land behind Sharpham who Can't get to an ￿-pe[sOll on]ine sits in this year. Howe. affO￿ltig people a Sharpham retreat. They d(￿ connei*ion to nature. In involved a carefijlly-curated offering guided njeditations this Teportingyear, we ran schedule of guided via Hundreds of people cDnnected to Sharpham retreats and 8 were sold out meditstions, movement digitallyin th￿ way. with long waitinglis practi￿, off-screen times and naknre practices. ONIJNE OFFERS: sharphamtrust.Qr￿o￿1ine The Hennitage Our newest retreat venue- for solitary retreats- openedfor business in this reporting year. Thank8 to our donors who supported our Crowdfunder appeal, we were able to replace our beloved Kuti buildin Ml]ich had burnt down the previous year. FREE MEDITATIONS: sharphamtrust.org/resources Retreats & meditations in-person and online To bonk, visit web,site or call 01803 732542

*• www.sharphamtrust.org

Mindful-in-Nature 114 purticipants in our Mindful-in-Nature nature-mindfvlness courses in this year Mindful-in-Nature is a programme supported by the National IAttery Community Fund. The project is specifically designed to support mental health reeovery, resilience and we]]-being for people aged 18+ living local]y, and combines indfulness and nature eonne(ion. How to participate: There are 2 ways to participate in Mindful-in-Nature: a half.day intr(Kluction to the 8-week course an 8-week course, one day per week Thi% seventh year of the progrdmme saw 90 people from acro&8 Devon use Mindful-in-Nature as part of their mental health recovery. The project Ix)nsists of a half-day taster course, an 8-week eourse, a gromrynggrollp of alunmi made up of past participants and many vajuable volunteers including peer mentors, gardeners and members of the Ix>nsenEtion t&￿n. We a]so host six gathering days annualty, where alumni aqn return to Sharpham to refr&8h their practice and reunite with their eohort. CONTACT: Mindful-in.Nature or email the Project Co-ordinator Toria Hare on volunteer@sharphamtrusLorg We continue to receive overwhelmingly g(KKI feedback aEK)Ut the course and the positive impact it is having on people's lives. This LY)ur.se hos totally changed my outlook on the rest ofmy Ipfv ahead" "I hove completed other ci)urse.g/treatment to uddFESS my mental health 11? thepost, but iione match thi5 course in teriiis ofeffectiueiiess" "I can't thank the team enough. We wei"e held with such heorfvliiess, col'e andsti'ength" "I hoiigstlyfeel thot the ¢YTrurse ￿,￿5 u hedliiiq niiroc.Icfvr nie" Yhe course h(Js giuen nie IoL* nd fl fevlinq of rplf-worlh. Project parlieipants . COMMUNITY FUND LEARN MORE: MTWW.sharphamtrust.org/Mindful-in-Nature

The Coach House Our centrc for nature- based miiidfulness continuLd to wom, people ,lJo stayed liere. Here's reti'eatant Christina on lier expei"ieiice staying there. Search 'Christina' on our website to read her full aL'count. www.sharphamtrust.org

The Coach House We anive as strangers. A rag-tag group varied expectations. Arriving is always awkward, no one being quite sure of what to say. A brief "hello," a slLaring of na]nes. and then silence. Small talk Seen￿ inappropriate in sueh a setting, and we aren't Sure what else to talk about. At thts moment, sllence is easy. The week begins on a reflective note- or so we think. The The Walk,, which tunLs out to be more (rfan iThtrospective exercise than anyone anticipated, sets a mellow tone which contiuues through lunch. But then, without warnin& we are thrown headIon8 into'the rewilding area,. b￿hWh8ek1Dg our way through tall gra&8es and brambles as Ju]ian expouniLs upon the complexity of "doing the right thing.. It all almo￿ feels too rnuch. but then we are reborn into ehildIike wondcr as we wander through the reed beds. By the time we return for our 5 0'clod( meeting, the reed beds are all anyone can talk alx)uL Before we realise it, we are journeying together as a crew... LEARN MORE: www.sharphamtrust.org/coach-house

The Coach House The Coach House continued to impress and inspire people who stayed ￿thin its 18th century walls, just behind Sharpham House. In 2021, we invested rnore than £1.6million in converting an undernsed stableyard to a suite of 18 rooms, almost all of them ensuite. In this financial year, we welcomed 583 retreatants to immerse themselves in nature, gardening and rffifyildin8* alongside daily mindfi movement, time on the land and- of course- meditation. 11 www.sharphamtrust.org

5-Star Google reviews of The Coach House in this year: "I doii t ordiiiarily kave reviews, but my 6 days atshapphani last iueek ehon9ed my lrfe. Hauing been sliding down darker mental.slope.sfor months noiu, bnttling feeliiigs ofluw selff esteein, stress.feeliiig lost, but cThcially not really realising it, a week's detox at SharphoTn helped ine coiiie to a measure ofacceptaiice about who I ain, iyignite mypurpose dnd UA)rth, calm Ine and rejuvgnate me. Not to mention the beoutifiil scenery, wonderfyl tasting and iiourishing veganfood aiid ever helpfyl, louing and supporttve staff. Would HIGHLYrgcommend to ANYONE, espethally ifyoulje become trapped in the 21st century 011-n￿h-l1fp-l1l(j11. ic)0% worth the moneli '_ James "One ofthe best deci￿011& I huue ever mode s decidiiig to come to thps beautifiilplace fvr a meditation retreat. Frank, Rachel oiid Eloiiie were so ktnd andwelcomilig and the food wus amazing. The whole experieiiL was transformativefvr me, aild has helped me to live more in thepra￿At through mindfvlness. Iam so happy Ifound Sharphain House/Cooc,h House. I will be nioliny this a yeurly pil(Jrimage going forward. Thank wu to thc u.'hcilc.ftafffor being amazingl" . Cherie "s￿nning location, beinitifiil [f)i)Il Iiiid uery comfortable rooms. I attended a new year retreat which was held with muth care and warmth ond kindness. The slrueture of the doys goue ine tiine to myself, time oiit in nutuiy, ti17ie to get to know and coiinect with others aiid the nieditation helped Tne tofeel bolon(￿d and relaxed and able to f(￿e my busy lifr aguiii. it IF-iJII} IVLts a ujanderfvl recharge" Lisa Google LEARN MORE: www.sharphamtrust.org/coach-house

Fundraising tn 2022-23, generous donors gave more than £11,000 to help us create The Hermitage after our beloved solo retreat venue The Kuti burnt down at the beginning of that fllmncial year. This year we opened the doors to The Hermitage, welcoming our Crowdfunder donors followed by the general pub]i¢. We maintain a constant Crowdfiinder where donors can choose to give a one-off gift or set up a monthly donation to directly support ￿S in our mission to make a more mindful, compassionate and sustainable world. GeneroL8 employees of a South W￿t business donated cash to support The Sharpham Tnjst's rewilding efforts. Workers from Somerset's RH Fibreboard gave £200 in theirchristmas 2023 lleCtiO￿ to￿ swit on r&storing nature on the Sharpham FAate. Vs been a lovely Chris17nasprosentfor I s ond the wildlifr on vur rewilding ureu. and the donotions 9iuen lvillgospe￿fiCu1lY on tree-ptaiiting aiid]iiF'tlic'i' Ii'()i'L' I)i, EUFldi7oTlP(Y meadoii,. Communicatio￿% Offieer KatieTolaLS. *crowdfunder Fibreboard coltrkne￿ Ltd Help us to help people and nature You can help us to build a more mindful and $u$tainabie world, whilst caring for the beautiful Sharpham Estat The generosity of our friends, witors and doDOTS helps us in our mi&8ion to connect people to nature and foster mindfijlness and well-being- from enabling us to offer places to people on low ineome to supporting our efforts to rewild areas of the Lstste. Anything you can give will make a dIfferen￿- and be grate￿I]Y re￿]ved. V Donate HOW TO GIVE Choose whether to give a m0nthly￿ft, a donation to our General Fund or a Bursary Donation (enabling thi)se on lower in(x)m&s to come on retreat with us) Donate quickty and 8￿urdY on]ine here". www.sharphanjtrusl.org/donate LEARN MORE: www.sharphamtrust.org/solo

The Hermitage ri We were delighted to re-open our solo retreat venue on The Sharpham E8tate in August of this reporting year- and to earn plaudits for it almost immediately. The Hermitage is for people who have participated in a Barn retreat, or a silent retreat elsewhere, and who are experienccd meditators. It offers the opportllnityfoT a solitary, silent, and self-sufficient retreat in private woodland a short walk from The Barn Retreat Centre. The space contains a double bed. meditation nlat and eushion, table. chair and cooking equipment. There's running water, a gas cooking stove, wood- burner and a cDmpost loo nearby. There is no e]ectricity except for solar-p)wered ligbts. People who stay wAll be expeeted to create their own personal daily structure including meditation alld two hours (or optionally more) working meditation in the garden. Solo retreatants get a hearty vegan lunch on weekdays• whi]e supplies for other meals (which they eook themselves) are Provided. delicious orguiiicf(PCpd, uiid ihe suppoi'l of 7Ae Barn conrdinotors.. that.s all Jou need. Thankyou, Inay yoii all flourish! MuLh iiiellal- YI WOsharphamTrust

The Barn We grew as a team this year! Tasha Ba&singthwaighte Nina Jankelson Emily Smith Barn Manager Tasha Bassingthwaighte was joined by Assistant Barn Manager Nina Jankelson and they were both supwrted by Emily Smith, who helps with administration of The Barn and The Coach House. Together they have developed a new approach Themed Barn retreats continued to run for Some Barn retreats: The Dharma Pathway. suceessfully, bringing esteemed and This is a series of connected retreats where experienced leaders to The Sharpham Estate. participants are encouraged to complete the Meanwhile, The Barn's signature 6-night 'pathway'* thus embedding their learning retreats continued, alongside 4-night and about Buddhisrn. io-night retreats.

'7he setting is sttlniiiiig, the Barii p¥ople genuinL' and supportive, ond the L'isitiiig teachers have. a wealth ofknou1ledge oiid experience. Iiifvi'm(71 and rel&ird.A 9reat balancefvr nie of mindfvlne.s.spractice and tiine in nottire, ￿11th teaehin.q toilored to the qroup andplenty offi'ee tiine. Tlie Burn ol.$0 has a iuell-.st()ck-ed lil)i"ary to diLie into. fyoii like on iiifornial retreat where- in thi, woi'kperiods- you will be helping to do sonig ufthe hoiisekeeping aiidgoi'dening tasL-s which help L-eep thi.% ploee runiiiny, youYI eiijay it" particlDant btaiing at The Barn in Juile 2003 LEARN MORE: www.sharphamtrust.org/barn

Sharpham hired We hosted our biggest ever hire client this reporting year. We welcomed 76 people from Emergen Magazine, an award-winning publicatio￿ PCMleASt and organisation that en8ts to"share stories that explore the timeless connections between e(yAw, cthture, and spiritualirf. Pholographer and retreatant Kasia Murfet captured.gome of the peace, tranquillity and camaraderie felt by the participants in the pictures on this page. Said one retreatant afterwards: "It's been the most needed reminder to take it slowly, to allow u]yself be prcsent and appreciats the wonderfijl people and nature that surrounds me. Breathe in, breathe out, breathe through" Emergenee, and sister organisation The Golden Sufi Center have booked & re-booked to hire our buildings and ground& harphamtrust.ory/newsl view/pictUrcs-cmc￿CnCc-Magaz7ne LEARN MORE: www.sharphamtrust.org/hire

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Our gardens Sharpham House gardens & grounds Our organic gardens at Sharpham House continued to feed, nourish and I￿8p]re retreatants. RetreatLnts and volunteers continued to contribute to the gardens and grounds, helping to ensure that futUTe visitors can enjoy the horticulture at Sharph41m. Our garden team was augmented in this year by two sets of Regenerative Agriculture trainee& Thanks to a partnership with The Apricot Centre near Totnes, groups of trainee gardeners liTrea at Sharpham and worked towards an NVQ in regenerative & organic techniques. Sharpham House gardens also featured THREE TIMES on BBC Gardeners, World- a primetime national TV show. Frances Tophill. a pr&senter on the show, CAme to work for us and brought the eamcrns with her. Read more on this on our Sharpham in the Media page. Barn gardens The Barn's organic veg gardens continued to flourish and a massive 740.4okg of fruit and veg was harvested. including more than 38okg of salad, 77kg of tomatoes, 72kg of sqllash and a huge 210kg of leek81 LEARN MORE: www.sharphamtrust.org/the-gardens

litres o juice buc orci m Hoiise, cu .Th kilos of red, wliite and blackcurraiits4 !11. ilos of coiirgettes ilo chard

Nature at Sharpham Rewilding at Sharpham Our W]Id for People project came to an end this year, bringing to a close a four-yearprojeetto restore nature in a historie parkland andbcrf)st biodiversity. We partnered with Shalyham Estate-based conservationists Ambios Ltd in the project funded by the National Lottery Heritage Fun￿ to the tune of £iTr,000. The CoNryd pandemie t(K)k place within the periiKI of Wi]d for People, forcing us to limit activities and post￿￿¢ Pllblic events. Fortunatety, funders allowed us an extension and today, after nearly half a decade of worlang together on Wild for People. we can dedare that biodiversity has dramatically improved, huThdreds of people (including childTen} now understand the importance of remrylding at shary*ha￿ and our historic, Capability BroThl]ian setting has Wins indude: Birds like Stoneehat and Greater Whitethroat were newly reeorded as Msiting & breeding at Sharpham Consistcnt year-on-year increases in butterdy numbers aeross five peak summer surveys Increased naturdl tree regeneration: a 77% increase in the number of saplings over 5ocm tall was Tecorded in one year The nllmber of plant species increased by nearly 80% between 2020 & 2023 U4 new native trees were planted Hundreds of people engaged with our events, our BioBlit7E8, VO(¥tional training and volunteering Interpretation Ix)ards and map boards were installed to help visitors understand rewilding at Sharpham We earned organic status for Home Farni, enabling us to proudjy say that The Sharpham Estate is certified organic! Heritage Fund www.sharphamtrust.org

Nature at Sharpham Graze expectations Two ponies arrived on The Sharpham Estate in January to help with remrylding. The Konik ponies Tnimic the behaviour of the wild horses who roamed the lands thou8ands of years ago, ni1)bling and browsing vegetation and keeping a check on plant growth naturally. The pon1￿ join Belted Galloways and Mangalitra pigs on the estate- restoring nature on former farmland near Totnes, South Devon. We were on regional TV with this news! LEARN MOREIVIEW VIDEO: wMw.slvarphamtrubt.vrglponies WEST COUNTRY LEARN MORE: Mvw.sharphamtrust.org/wild

Nature at Sharpham Wildlife Discovery Retreats -I've just complefed the Wlildlije Discouery Retreat at the Cooch House. Wc launched a new, nature-packed retreat for our Coach House venue in this reporting year. Our Wild]ife Diseovery retreats offered 6-night stays with mindful practices, movement and nature exploration under the guidanee of expert leaders who ran sessions on birds, Ir￿eets, plants and maMn￿ls, throughout the week. The accomniodation, grouiids, aiid octiuities with extremely knowledgeable Ioc(21 &¥perts were wonderfvll The Inix betupeeii iiiindfvliiess prnCti￿. learning about diffcrenl aspects of natui'e andpersonal time was well bolonc'ed. The coordiiiators creoted a sofe space, were patient, compussiunate and used kindness ond humour throughout. I would hi.ghly recommend this and tlicj i?l(IlF!I - a Wildlife 11 Discovery retreatant during this year Trvww.sharphamtrust.orglwildlife- discovery BioBlitz Birds, wildflowers, trees, bats, butter£lies and n￿nY other invertebrates were all counted in a packed 24 houLS on the land just outside Tothes. The event (and the rewilding at Sharpham) was SllPPOrted by the National Lottery Heritage Fund and the players of the lottery, enabling the free participation of members of the publie. 42 species (rfbirds were recorded (up from 32 in 2021), from the tinywren to the big bu72Ard, and other bird highlights included bearing $ltylarks. linnets, yellowhammer and goldcrests. plus reed buntings and reed warblers down in thc reedbe(L8. Some 149 wildflowers and plants (up from 107 in 2021) were spotted & documented. Insects observed included a Inng-winged Conebead Crid(et, a Red-Head¢d Cardinal Beetle. Large Skipper butterlly and a Marn]alade Hoverlly. e are over the moon aErf)ut the splendid results from our third BioBlitz, whieh show that biodiversity i8 growing on our rewilding meadows at Sharpham,. said organi$er Lisa Carnell, Event and Education Offi￿r ofThe Sharpham Trust. 'IiiL'I'L'diblL BioBIiLZ Trl ui'k-sliup I ,nIy oui-IJiL'I- aiid I loved the niammal troeks aiid.sign.s free workshop on the Shorpham Estate with omniol specialist Sinio71 Roper." "Really uppreciute thv Shurphum L.hurity und all it doesfor the enijironnient and eco-education. Ilauing thisfiye woi.kshop series niode it so ac'cesbible und inL.Iu&pi)11(7ni, thiink iioii fnF' haijinq usl" Bioblitz 2023 partieipants Heritage Fund w￿￿.SharphaMtrUst.0rg

The Sharpham Estate New wildflower meadow planted A new, organic habitat for native plants. inseets, birds and animals was ploughed and planted on the SbaTpham Estate in Summer-Autumn 2023. The wildtlower meadow was created in front Sharpham House, on land previously occupied by sharphamV￿eyard. The Nryneyard had come to the end of its usefid life and Sharpham Wine moved over the River Dart to Sandridge Barton. freeins up the land. -v •1• Sharpharn Trust DirectorJulian Carnell said: "Il gave us oppoJ"tunity to thiiik, -well, w'hat are we going to do with the land us we inou¥furward?' We'vL) rL)Lt)ntly b('c'n ivoi'kiiig un u rewildiny of the e.state, and iue w(Jiited to do.something that wa.s in fiine iiyith 'l(-Ilife. The UK has lost a huge amount of lowland, Mi]dfiower meadows - which are vital food sources for pollinators. A Common figure quoted is that we've lost 97% of our wildfiower u￿adoWS sinee the Second World War. l. £11 Idscapes PfograiTin)É The new meadow fits with Sharpham House's history. It's a return to how the land used to look in previous centuries. ,.c.'I LEARN MORE: wMw.sharphamtrust.org/wildfiower-meadow

Parkrun The first event at Sharpham Estate Parkn ti)ok place during this year: a weekly 5 kilometre on the foot & cycle path between TotThes and A%hprington. Parknin is a UK charity encouraging people to exercise more. Participants register for a free barcode and their time is measured eAeh time they run. The Sharpham Parknin begins at 9am on Saturday mornings on the foot/cycle path just up from the stea￿ Packet Inn in Totnes and winds through land alongside the River Dart, including our rewilding fidds. Organisers of the Sharpbam Estste Parkrun have averaged loo walkers and runners every week, from those who want to exercise in good company and beautibjl surroundings to those seeking a personal best running time. If you're interested in nll]ning (and/or volunteering to help marshal the event), email [e-mail] www.parkrun.org.uW sharphamcstate www.sharphamtrust.org

The Sharpham Estate Upper Sharpham Farni & Home Farm Helen & David Camp are tenants of Ourorganicfarn￿aThd at Up￿T Sharpham Bartffl and Home Fann. Ihe CAmps w theirorganici*ttle on the Sharplwn Egtate and use OWDicpractices to managethe land, includinggrowing Ted cbverto feed theaDIn￿band the ￿lL . Lower Sharpham Farni Ambios Ltd is a tenant of The Sharpham Trust and runs tbi8 80-aere organic farni. as well as partnering us to manage our rewildingland on Home Fann fields. Ambios's work centres on nature conservation traineeships, SUp￿rting trainees to develop skills and confidence tn help them progress towards finding employment in the nature sector. During this reporting perio¢ Ambios supported li trainees over a Spring/Summer traineeship programme. The organisation also works in partnership Muth United Response, a charity that supports adults with learning difficulti(s and di8abiliti&8. United Response adults work daity on the farni, helping care for the anintsls, plants and buildings there. Ten volunteers from acro&s the UK and Europe stayed on thc farni this year. And 2023 s&w nearly 200 people Nisit the farni for the Restoring Nature Literary Festival {rnn in conjunction with Fastgate Books from Totnes). They listened to four wonderful allthors hare their passion on the subject of remrylding and regenerative agriculture. alongside'forest school, actiluties, delicious, locally-sourced food and live musi ra WOsharphamTrust

Events IT eli eespn Sliarphain Trustpiily7fethts, including... uisitors to our ' Siinimfv'celebrntion Day .3211 ch(?olchildren rÉljoc)k e2023Tr1 We ran a filll prograrnme of public events, enticing people to spend time connecting to thenwlves, to nature, food & Sharpham's heritage. During this year we invitsd people to participate in events including: A fan)ily mindfulness day, introdueing youngsters to meditation foraging for wild foods and medicines fermenting fo(Kls for good gut health birdsong walk8 a stargazing and bat walk a first-time fi￿gI quest a f8n)ily firecraft session "Louely being out ofdoors, il'l 111 .S1iL.II L4 - participant on our Dusk Chon]s walk with expert Mike langman We enabled brain-injured children and their families to visit The Sharpham Estate, thanks to funding from the National I￿ery Heritage Fund. Young people with Acquired Brain Injury and their families went on a trip operated by our partners Canoe Adventures and were able to explore the River Dart and Sharpharn's sboreline, as part of our Wild For People rewilding project. "l)ud reported how niuch he had enjoyed such qiiality tinie with his 2 yoiiiig people - somethiiio Ite doE.s F70t ofter qet the rlaipce li) di), reported occupational therapist Penny Weekes. Made pWslb￿V41th Heritage Fund www.sharphamtrust.org

Ceremonies Ily Weddings Sharpham Ho￿e i8 licensed for wedding ceremonies and we hosted ihree in this financial year. Burials We own and operate Sharpham Meadow Natural Burial Ground- an incredible spot from where you can see (on a dear day) the River Dart, Dartm(K>r and the sea. The space features the Ancestors, Fire, ere2ted by Totnes arti8t Robin lacey¥ and is an organic haymeadow that is home to lots of wildlife. Natural Burials 105 burials, ashes Intern￿nts and pre-paid plot purchases at Sharphatn Meadow. SEE EVENTS: www.sharphamtrust.org/whatson

www.sharphamtrust.org

The Sharpham Trust in numbers Volunteers Barn & Coach House volunteer (x)ordinators RETREATS Ji,116 hours 882 hours 161 retreats attend￿bY Wild for P￿pIe conseTWdtion & rewildingvolunteers Events volunteers 2293 48 participants 1425 hours 205 hours 168 hour 8 hours retreats in Sharpham House with 40 hours partiiiwnts Admin volunteer Mindfid-in-Nature peer mentors Total volunteer hours 937 14,064 wTrvw.sharphwiItn￿t.0ryIwo1unIcer 54 479 retreats at The Barn iiith 94- t￿Ople (including our Trustees) The Coach House 288,201_--- -.583 pKJpTr,e "The numberof engaged sassions (as measuredby G(x)gleAnalytiGS) that]asLed loDgerthan io seconds. or had a conversion event, or had 2 or more screen views. 15 11 on]ine Tetreatswith VIDEO 116 people 836 DONATIONS hours of Sha ham video watc in 2023-24 SEE MORE: ￿Tr￿V.Sharpharntn18t.0TgIVldeo £33,989 w, oD]ine meditation 21,129 120 sitters each time lays of our meditations FREE MED￿ATIoNS. ra WOsharphamTrust

Sharpham in the media Gardeners, World TV Wewere on national TVTHREE timogl OurHead Gardener at the time Wds a famous face: Fran￿STOphi1L one of the presenters on BBC Gardeners'world. We appeared on the pn)8ran)me inApTiI, Alls￿t and OctobeT 2023 Franeesslwed her story of movingto a newhome and a newgardening workplait and that meant we had the national $￿t]Ight upon us and ouro grounds. It a tantastic op￿rtUnIty (well, three actually) to show<xse our surroundings and ourwork and oursubscribers and social media followeLE loved seeing their favourite retreatcentre on theTV. It brought huge number8 to our website and lots more sign-ups to our Dews]etter too. Thank8 Franees! Gardeiiers, Wor www.sharphamtrust.org

What people said about us Google reviews: &wlore the Sharpham estate reuyilding project was o reol hi9hlight. The uegetorianfood is beoutifiilly done. The eonfigurotion ofthe rooms Sharpham House retreats: arid coiiiinunal eatinq areafostera real sense of '1 went on ojiue-night bunimer Embrace retreat cominunity as well. I U￿uld highly re(x)mmend aÈSh(uphaiii House. It ￿CEeded niy a retreat ot The Coach House otanu time of the rpectotion.s in euery way. The settin.g, the.qtaff, year to reset and reconnect with yourselfand the leaders and niyfelloiu retreatants were all natuiy uyondetfyl aiidewtationol. rhe locotion is beautifvl ond l Lyin t recommend it enough. It 15 truly great volue und uery14fv-ennching. Oh ona thef0￿£ ispretty qood tcv..)" The Hermitage (sY)]itaryretreats): .1 ￿ been to many dijlerent pneditation retreats and ofcourse, have beeii meditatiiig oii my own fvr deL￿des. This Solitary Retreut hosjust suited my stote ofmindperfectly. Thankyoii so much, Sh(Trphani Trust The BaTn retreats (Buddhist.inspired).' '"I"he Barn Retreat is an absoliitely ma.gical £werience andopporthnity to gift Ji ourself claTity, healing and coniiectioii. I couldn reeomn?e?Id th7s more" Retreats at Home (online retreats): -IhoLiejust conipleted o truly beaiitifyl and IIISPIF?ng online uleekend niindfvlness retreat led by two wonderfvlfacilitators Willand Miguel. Ifeelso blessed ond humbled by the trust and eonne¢tionfvrFned in the group and appi'eeiote the'spoce'this ewerience has cirated for Tne in mij chaotic lifr. The group worked so well (albeit through Zoom) and Ifeel recharyed The c￿ch Howe (naturfrconnection retreats): aiid li￿pired to carry oil the good work in my fvthre mi11dfvli￿.£*pr￿L¥1Ce.f and l(x)kfonuard l F'L,li'c'(I,' cil I'IIL, ( (i(IL'lI Hiiij.%L li 11 h'LilJi i'L'I(uiiig to Myning upfor another retreat very soon. and rejuuenating eYperienLf. The opportunity to Thankyou" partofnature in the walledgarden and W(XM]land Retreats.. Yhere are no adeguate words to descTibe the beotity & magic nfthisploee. The w0(￿land Retreot has be￿1 a salvation andIcannot recoipiinend tt highly ellough" Media reviews: thebmj COUNTRYFILE "JY5 about reclaiming the orperience ofioy andofbeing alive" The Britisll Medicaj "Btht fora solo getaMay: The Sharpham Estate, Yestimonialsprofess that regular mindfyl practices, guided medttations ond male- to-mole emotionally driven communication opened up a world of connections with others, nature and self The Guanlian features our men's meditation retreat at The Barn "shaypha￿ is a truty magical pla￿. Not to mention that thevegetarian food is fantastic" Harperfs Bayaar magazine feature for doctors BBC Countyfile Magazine SEE MORE: www.sharphamtrust.org/reviews

. Sharpham IKIJSI Ashprington .•r House www.sharpharntrust.org • 01803 732542 fl sharpharnTh￿t

Retreat Centre Meadow Ground Barton Sit-spoL. Green Oak Bench io route from Totnes to Sharpha Sit-5potr. Reed ReTr*rylding atsharpham The Coach Ntsrth Sharpham Hear about Trust events & retreats first: www.sharphamtrust.org/subscribe

Financial information Donations and grants Grants for restoration of forn]ervineyard into wlldfiower meadow- £17.792 HeTmitage fund- £15,029 Plymouth & South Devon Q)mmunity Forest project- £16,381 Mindful-in-Nature prOgra￿e from the Nationa] IA)ttery Conm]unity Fund- £21,168 Wild for People project, from the National tA)ttery Heritage Fund- £36,473 Donations- £33,989 given Headline Figures Total income Total expenditure Total funds Voluntary income (donations) Investment income 1.859Jn 1.63om 8.070rn 0.057m 1.83om 1.652m 8.4iom 0.034m 0.125m 0.13im Charity aetivity income Investment management costs Cost of charitable activities Governance Governance as % total expenditure 1.419m 0.025m 1.59im 0.009m 0.59% 1.515m 0.023m 1.596m 0.012m 0.72% Trust Salaries The Tru￿ believes in equal pay and a living wage. It pays all staff more than the current governmental national minimum wage and at least the Iiving Wage as defined byThe living Wage Foundation. Pay ratio The ratio between the highest paid member of staff and the median or average pay for a]1 staff atthe Trust is 2.29. The ratio between the highest paid and lowest paid is 2.95. 14cture eredits.. The Sharphom Trust. Julian Cornell, Debbte Geroghty, Emma ￿bben, G£orgieByrom, AmbiosLtd, Mike C(KJke, Shary)ham Parknin, Emma StonerPhotO9raphy. TotoEUis 114E Sharpham Ashprington, Totnes, Devon, TQ9 7 01803 732542 • [e-mail] TRUST ra WOsharphamTrust Charity No. 285767 Company No. 01659601

The Sharpham Trust THE LEGAL REQUIREMENTS The trustees, who are also the directors for the Purposes of company law. preseni thelr report and the financial staternents of the charlty for the year ended 31 March 2024. REFERENCE AND AL)MINSTRATIVE DEfAILS Reglstered tharfty name The Sharpham Trust Charlty r￿￿$t￿￿on number 285767 Company reglsrratlon number 01659601 Prlndpal office and reglstered Sharpham House Ashprington Totnes Devon TQ9 7UT ThÈ trustees Mr W Lana Mr M Wrlyhi Mr D Stokes Mrs C Rathbone Ms J Rlchardson Ms E Annecke Ms J Slllls Company secrtiary Mr M Wrfight Audltor ElliotL Bunker Llmlted Chartered Accountant5 & Statutory auditor 61 Macrae Road Ham Green Brlstol 8520 ODD Bankers Uoyds PO 8ox l 000 Andover BXI ILT Investment managers Close Brothers A55ei Managemeni Prlmr05e Street London EC2A 2BY

The Sharpham Trust ORGAN1&4TIONAL STRucfuRE The Trust is a company limited by guarantee and is governed by Its memorandum and articles of assoclation dated 20 August 1982. The Trustees are responslble for poliiy making and overseeing the management of the Trust. Its assets and it5 charitable activities. In practice, the Board. currently 7 Trustees, meets Quarterly wlth the Chlef Execuiive Officer ICEOI io conduct its bu5ines5. The Trustee5 also meet Informally once a year to ionsider issues that may need further consideration. Much of the overseelng and monltorlng of the artivities Is carried out by Athisory Grtsups which con5i5t of the CEO. usually Trustees and the staff for a speclflc acrivlty. There are three Advisory GrouF*s-. Finance, Estate and Programme. Mlnutes of the Groups are clrculatèd to all Trustees. Any Importani declslon that needs to be taken between meetings will be taken by the Chair after emailing colleagues. Any very Important declslon will have a special meeifjng convened. The Chair ha5 a monthly meetlng wlth the CEO. RECRUITMENT OF TKusfEES An audit of sk1115 and experience of currenr Trustees Is carrled out. NamÈs arè put ftsnNard by Trustees and senior Managers for potential candldates to become Advisors or Trustees and a 5eleaion of people are invited to an occaslon where dlfferen¢ aspects of the Sharpham Trust are outlined and discussed. A new Trustee may be proposed followfin9 such an occasion and the Annual Accounts and minutes of the last year are made available io them. If they accept the offer they are appointed and receive an Inductlon sesslon wlth the CEO so that rhey have an understanding of the width of responsibilities that they are undertaking. If they have the time. they will be invited tojoin one of the Advisory Groups whlch oversees the general management of the Trust's assets or each of the specific charitable activities. The Trustees who seryed the charity during the period were as follows- Mr D Stokes (Chalrl Mr W Lana Mr M Wrighi Mrs C Rathbone Ms J Rlchardson Ms E Annecke Ms J Sillls RELATIONSHIPSWITH EMPLOYEES The Trustees value ihe annual appraisals with both full and part-time employees that are carried out bv the CEO and one other Trustee in rotatlon. Durlng the appraIS￿S objectives are agreed wlth each member of sraff for the comlng year, these are recorded and kept on flle. The Board reviews these objectives at the following quarterty meeting. SKS Bearing in mind the size of the charity, all major risks have been identifierl by the Trustees and approprlaie actlon taken to mlnlmlse these risks to acceptable levels. A Risk Regi51er is updated annually by the CEO and reviewed by Trusteès.

The Sharpham Trust DEUVERING PUBLIC BENEFrr The Trustees confirm that they have referred to the guidanie contained in the CharSty Cummlsslon's general guidance on public benefit when revlewing the Charlty's alms and objectives. FINANCE AND INVESnAENT The Trust derives the majority of its income from it5 charitable activltles wlth addltional Income from Its investment portfollo. grants from funding-bodie5 and income from its trading SLtbsldiary. Under the memorandum and articles of association, the charlty has the power io make any investment whlch the Trustees See fit. The Trusrees have delegated day-ro-day Investment powÈrs to the investment manager5 (Close Brothers Asset Management). A specTrfic objecrive of main￿lnIng a well-balanced portfollo Is set for the Trusvs Invesiment Managers. The investment brief is broadly defined but the ethlcal criteria prohibit inve5trnent5 in companies that manufacture arrnaments. alcohol or tobacco. The Trustees Irom the Flnance Group monltor the change in value of the Portfollo lyear-end market value of £4.261.9581 on a quarterly basis and comparlsons are made with a number of benchmarks. Reallsed and unrealised gains from the poytfolio's investments amounied to galn £162,29312Q23 loss of £269.7671. Further deta115 are 9lven In note I S to the financlal statements. RELATED PARnES A summary of transactions wlth thÈse parties is set out In the related party transaaions note I I In the accounts. RESERVES The chariws free reserves are represented by the unrestrlcted funds noi committed or Invested In tanglble fixed assets. Given the nature of the Trust's funding, largely by Investment and rental Income, the rrustees belleve that the Trusvs free reserves should be be￿een three and six month5, of the average resources expended. which based on the 2024-25 budger equares to approxlmately £440,000 to £880,000. At the year-end the Trust's free re5erve5 were calculated at £925.277. The excess free reserves will be used tts invest in fixed a55ets on the estate, provided we gain the required planning permisslon. PiANS FOR FirruRE PERIODS 2023 saw the Trust gettong back tts the level of activity we had before the Cov5d pandemic. Our four retreat centres were fully open and running a full pro9ramrne of retreats and courses throughout the year. The newest centre The Coach House ha5 established Itself in our programme with a focus on natuie connecrion and the feedback from participants is excellent. We continued our rewilding projett and worked hard to integrnte it acr055 our differenT areas of work. For example, reireatants staylng in the Coach House spend rime experlenclng the rèwilding land. we run regular volunteering sessions and a range of public events and school visits. The overarching objective is to Integrate our conseNatlon and our mental health related work to advance our mission of connecting people to the natural world. Following on from the Rewllding project during 2023 we removed the old wneyard In front of the Maln House and thanks to a grant from Farmln9 In ProtèctÈd Landscapes we were able to plough and reseed

The Sharpham Trust to create a large 20 acre wildflower meadow. returning the landscape ro how it would have looked In the 18ih cerhtury. This contritrwtes to creatlng a mosalc of habitat5 acr055 the estate for people wildlife. With our Wlld For People Lottery funding coming to an end In early 2024 we were able to transStSon to new tree planting project whlch klcked off last winter. This will see Ambios oversee the planting of 5,000 trees at Lower Sharpham Barton and contlnue our consÈrvatlOA volunteering programme. In response to the cost of living crisis we have increased our bursaries including new ones for young people. We have also embarked on looking at Equality, Diversity and Inclusion issues and how we can widen participation on our programmes. We also devoted ilme to revlewlng our marketlng endeavours and how to develop them further. Our overheads increased substantially during the last Trrfelve months as inflation was high but we managed to keep our charge5 as low as possible. The cosrs of malntainlng an hisioric estate and building5 remaSn slgnlflcant. Looking forward during 2024 Sharpham Cheese wlll joln Sharpham Wne In movlng off the estate. the final slep In a ten-year process. The Trust will turn Its attentlon to how best to utilise the former wne and cheese site to advance our chariiable aims. We are also investing time in worklng wlth partner5 to improve the conseryation and water quality of the River Dart and it's wider catchment in which we live nd work. Once again we thank our staff. volunteers, Trustees and partners organlsaiions for enabling Sharpham to coniinue to help people and wlldllfe In these challenging times. Trusttes, r¢spon51bllltte5 Statement The trustees, who are also dlrectors for the puyposes of company law. are responsible for preparlng the Irusiees. repori and the financial statements in accordance wlth applicable law and Unlted Klngdom Accountlng Standards {United Kingdom Generally Accepted Accounting Practicel. Company law requlres the charity trustee5 to prepare financial statements for each year which give a Irue and fair view of the state of affair5 of the charitable company and the incomln9 resources and applicatlon of rtsources. including the Incorne and expenditure, for ihat perlod. In preparing these flnanclal statements, the trustees are requlred to-. select suitable accounting pollcles and Ihen apply them conslstently,. observe the methods and principles in the applicable Chariiie5 SORP.. make judgments and accounting estimates that are reasonable and prudent., prepare rhe financial siatements on the going concern basis unless It is inapproprlate ro presume that the charlty wlll contlnue In busines5. The trustees are responsible for keeping adequate accounting records that are sufficient to show and expla5n the chariws transactlons and disclose wilh reasonable accuraiy at any tlme the flnanclal posltlon of the cha￿ty and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for Safeguarding the assets of ihe charity and hence for taklng reasonable steps for the pievention and delettion of fraud and other irregularities.

The Sharpham Trust Audltor Earh of the person5 who Is a rrustee at the dale of approval of this report conftrrns that.. so far as ihey are aware. there Is no relevant audit informatlon of whlch the ch4TIry'5 audltor Is unaware,. and they have taken all steps thai thèy ought ro have taken as a trustee to make themselves aware of any relevant audlt Information and to establish that the charfty's auditor is aware of that infomiaiion. The auditor 15 deemed ro have been re-appoinred in accoidancè with section 487 of the Cornpanies Att 2006. Small compary pro44slons Thls report has been prepared In accordance wlth the provlslon5 appllcable to companles entitled to the small companie5 exemption. The tntstees, annual report Ilncorporating rhe dlrecrors. report} was approved on 21 November 2024 and signed on behalf of the bwd of trustees by.. MrDSt Trustee Mr M Wrl9ht Charity Secreiary

The Sharpham Trust Auditor's Report Company Llmited by Guarantee Independent Audlto¢s Report to the Members of The Sharpham Trust Year ended 31 March 2024 Oplnlon We have audited the financial siatements of The Sharpham Trust (the 'ch4rity') for the year ended 31 March 2024 whlch comprlse the statement of flnanclal acrivltles Ilncludlng income and expenditure a¢countl, statement of financial position, siatement of cash flows and the related notes. Includlng a summary of slgnlflcant accounting policies. The finaniial ieporting framework thai has been applied in their preparatlon Is applicable law and United Kingdom Attounting Standards. including FRS 102 The Financlal Reportlng Standard applicable in the UK and Republic of Irelarbd (United Kingdom Generally Accepted Accounting Practice). In our oplnlon the financial statements.. glve a true and falr vlew of the state of thè charivs affairs as at 31 March 2024 and of Its incomin9 resources and application of resources. including it5 income and expenditure. for the year then ended.. have been properly prepared in a¢cordance with United Kingdom Generally Accepted Accounting Prattiie". have been preparnd in actordante with the requirements of the Companie5 Act 2006. Ba515 for oplnlon We Condutted our audit in accordance with Internatlonal Standards on Audltlng lu￿ IISAS IVK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial 51atementS section of our repon. We are independent of ihe charity accordancè with thÈ ethical requirements that are relevant to our audit of the financial statements In the UK Includln9 the FRC'5 Ethlcal Standard. and we have fulfilled our other ethical re5pon5ibilitie5 in arcordance with these requirements. We belleve that the audlt evldence we have obtained Is sufflclent and appropriate to provide a basis for our opinion. Conclusions relating to golng concern In auditing the financial statemenrs. we havè concluded that the trustÈes' use of the going concern basis of accouniing in ihe preparatlon of the financlal statements is approprlate. Based on the work we have performed, we have not Identlfied any material uncertaintie5 relating to events or conditions Lhat, individually or colleciively, rnay cast significant doubt on ihe charity's ability io continue as a going concern for a period of at leasttwelve months from whèn thè financi￿ statemènts are authorlsed for Issue. Our responsibilities and the responsibilitles of the trustees wlth respect ¢0 gtsing toncem are described in the relevant sectlons of rhls report.

The Sharpham Trust Auditor's Report (contlnued) Other informatlon The other informaiion comprises the information included in the annual repon, other than the flnanclal statements and our audltor's report the￿On. The trustees are responsible for the other informatFon. Our opinion on the financial statements does not cover the other Informaiion and. except to the Èxtent otherwlse expllclily stated Sn our report, we do noi express any form of assurance concluslon thereon. In connectlon wlth our audlt of the financial statements. our responsibility is to read the other nformation and. In doing so. ion5ider whether the other Informatlon 55 maierlally Inconsistent wtth rhe flnancial Statements or our knowledge obtained in the audir or otherwise appears to be materially mlsstated. If we identify such maEerial Inconslstencies or apparent material missiatemenrs, we are rèquired to determine whether there Is a materlal mlsstatement In the financial statements or a material mlsstatement of the other information. If. based on the work we have performed, we conclude that there 15 a material misstatement of this other Informatlon, we are required to report that fact. We have noihlng to report In thls regard. Opinion5 on other matters prescrlbed by the Companles Acr 2006 In our opinion. based on the work undertaken in the COUTse of rhe audit.. the information given in the trustees, report for the flnanclal year for whlch ihe nnanclal siatements are prepared is consistent with the financial statements. and the Iru51ees' report has been prepared in accordance with appllcable legal requlrements. Matters on whlch we are requlred to report by exceptlon In the Ilght of the knowledge and understanding of the charity and Its envlronment obl￿ned In the course of the audit. we have not Identlfled materlal mlsstaremenis In the trustees. report. We have nothing to report in respect of the followln9 matters In relatlon to which the Companles Att 2006 requires us to report io you If. In our opinlon.. adequate accounting records have not been kept. or returns adequate for our audrt have not been received from branches not vlslted by us., or Ihe financlal statements are not In agreement wlth the accountlng records and retums., or certain disclosures of trustees, remuneraiion specified by law are noi made". or we have not received all the Informatlon and explanations we require for our audit.. tsr the irusiees were not entitled to preparÈ the flnanclal statements In accordance with the small companles reglme and take advantage of the small companies. exemptions in preparing the dlrectors, report and from the requiiement to prepare a strategic report. Responslbllltles of trustees A5 explained more fully in the trustees, responsibilities 5tatsment, the trusiee5 (who are also ihe directors for the purposes of company lawl are responsible for the preparation of the financial statements and for belng satSsfled ihat they glve a true and falr vlew, and for such Internal control as the tru5tee5 determine is necessary io enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In prepartng the financial 5taternent5. the trustees are responslble for a55e5sing the charltvs ablllty to continue as a going concèrn, disclosing, a5 applicable, matter5 related to going concern and using the going concern basls of accounting unless the trustees either intend to liquidate the charity or ro cease operatlons. or have no realistic alternailve but to do so.

The Sharpham Trust Auditor's Report (contlnued) Audltor'5 re5pon51bllltles for the aud5t of the flnanclal statements Our objectives are to obtain reasonable assurance about whether the financial ststemenis as a whole are free from material rnisstatement, whether due to fraud or error. and to issue an auditor's report ihat Include5 our opinion. Reasonable assurance is a high level of assurance. but Is not a guarantee that an audit conducted In accordance wlih ISAS IUKI wlll always detect a material misstatement when it exi515. Mlsstatemen15 can arlse from fraud or error and are consldered materlal if. Individually or In thÈ aggregate. rhey could reasonably be èxpected to influence the economic deci5ion5 of users taken on the basis of rhese fbnanclal statements. Irregularities, including fraud. are Instances of non-compllance with laws and regulatlons. We design procedures In Ilne with our re5pon51bllitles. outlined above. to detect material misstatements in respect of iiregularities. including fraud. The extent to which our procedures are capable of detectln9 irregularities, includlng fvaud is detallÈd below.. Key audlt matters: our assessment of rlsks of materlal mlsstatement Key audlt maiters are those matttrs that in our professional judgement were of most sSgnlflcance In the audlt of ihe flnancial statements and Include the rnost significant assessed risks of material mlsstatemeni (whether or noi due to fraud) identified by us. including ihose whlch had the greatest effect on the allocatlon of resources In the audit, and dtrecting the efforts of the en9a9ement team. There are nts key areas identified as the audii is very low risk with normal audlt procedures adequate In all audit areas. We agreed to report to the board of trustees any correued or uncorretted Ideniified misstatemenis. Identlfylng and reportlng of rlsks of materlal mlsstatement due to fraud To Idencify rlsks of material misstatement due to fraud we assessed events or condltions that could indicate an Incentive or pressure to commit fraud or provide an opportunity to commii fraud. Our risk a55e55ment procedure5 Included.. Enquiring of the Chief Executive Officer and the trustees and inspectlon of kéy papers provlded to those charged with governance as to high level policies and procedures to prevent and dttect fraud. Reviewing the mlnute5 of Tru51ees' meeiings. We communicated identifFed fraud risk5 throughoui ihe audli team and remained alert to any Indlcatlons of fraud throughout the audiL As required by auditing standards, and taklng Into account posslble pressures to meet targets and our overall knowledge of the control environment, we performed procedures to assess the risks of managemeni override of conirols. To address the pe￿a51ve rlsk as It related to management overrlde of controls. we revièwed material journal eniries and ag￿ed these to supporting documentation where approprlate. Identifylng and responding lo risk5 of material misstatement due to non-compllance wlth laws and regulatlons We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financlal 5taternents from our general commerclal ané sector experlence and through discusslon with the Director and trustees. As the charlty is regulaied. our assessment of rlsks lrtvolved ganing an understanding of the control environmeni Includlny the entitys procedures for complying with regulatory requirements.

The Sharpham Trust Auditor's Report (contlnued) We tommunicated identified laws and regulatlons throughout our team and remalned alert io any inditations of non-compliance throughour the audit. The potentlal effect of these laws and regulatlons on the flnancial siatements varles conslderably.. firstly, the charity is subject to laws and regulations that dlrectly affect the financlal siarements Includlng flnanclal reportlng reijulatlon Ilncludlng related companle5 regulatlonl, taxatlon leglslatlon (payroll taxes) and pension legislation and we a55e55ed the extent of complianie with these law5 and regulations as part of our procedures In the audlt areas rtlevant to these items. secondly, the charity 15 subject io many oiher law5 and regulaiions where ihe consequence of non- compllance could have a material effect on amounts or di5cIosures in the financial statements, for instanco through the imposltion of fines or litigation. We idenrified the followin9 areas as those most likely to have such an effect.. Planning regulation5. Health and safety laws. Food and hygiene re9ulation5. Employment Law. Auditing standards limii the requlred audlt procedures to Ideniify non-compliance wlth these laws and regulations to enquiry of management and trustees and Inspecrion of regulatory and legal correspondence, If any. Therefore, If any breach of operatlonal regulations Is not disclosed to us or evident from relevant correspondence. an audlt wlll not detect that breach. Umltatlons to the ablllty of the audlt to detect fraud or breaches of laws and regulatlon Owing to ihe inherent limitation of an audiL there Is an unavoldable rlsk that we may not have deiected some material misstatements In the flt)anclal statements, even though we have properly planned and performed our audlt in accordance wlth audltlng standards. For example. the further removed non- compllance wlth laws and regulatlons is from the events and transartions reflected in the financial staiemenis, the less likely the inherently lirnited procedures required by audiiing standard5 would identify it. In addition, as with any audit, there remained a highei iisk of non-detettion of fraud. a5 this may involve collusion, forgery, intentlonal omissions, mlsrepresentatlons. or the override of Internal controls. Our audit procedures are designed to detect material misstatement. and therefore we are not re5POn5ible for preventing non-compllance or fraud and cannot be expected to detèct non-compliance with all laws and regulations. A further descrlptlon of our re5ponslbllities for the audit of the financial statements is located on the FRC'S website at ￿T*￿.￿rc.0rg.uk/dudItorsfe5pOn5i&1j1fleS. Thi5 de5cripiion form5 part of our auditorfs report. As part of an avdlt In accordance with ISA5 (UK). we exercise professional judgment and maintain professlonal sceptlclsm throughout the audit. WÈ also: Identlfy and assess the rlsks of material misstatement of the financial 5tatemen15, whether due to fraud or error, deslgn and perform audlt procedures responsive to those risks, and obtain audit e￿￿enCe that Is sufficient and appropriate to provide a ba515 for our opinion. The risk of not detecring a materlal mlsstttement rtsultlng from fraud Is hlgher than for one resuliing from error. as fraud may Involve collusion, forgery. Intentlonal omisslons, misr¢presentatlons. Or the overrlde of internal control.

The Sharpham Trust Auditor's Report (continued) Obtaln an understandin9 of internal control relevant to ihe audit in order to design audit procedure5 that are appropriate in the clrcumstances. but not for the purpose of expressing an opinion on the effectlveness of the Internal control. Evaluate the appropriateness of accounting pollcles used and thè reasonableness of accountlng esilmaies and related dlsclosures made by the tru51ees. Conclude on the appropriatene55 of the tru5tees' use of the going concern basls of accountin9 and, based on the audit ewdence obtalned, whether a material uncertainty exists related to events or condltlons that may cast significant doubt on ihe charity's abillry to continue as a golng concern. If we conclude that a materlal uncertalnty exlsts. we are requlred to draw attention In our auditor'5 report to the related di5rlosures in ihe financial sraiements or, If such dlsclosures are Inadequate, to modify our opinion. Our conclusions are based on the audit evldefice obtained up to the date of our audltor's report. However. future events or condltlons may cause the chartty to cease to coniinue as a 90ing concem. Evaluate the overall presentatlon, Strutture and tontent of the financial statements, including the di5c105ures, and whether the flnanclal statements represent the untlerlying transactions and events In a manner that achieve5 fair presentatlon. We communicate wfith those charged with governance regarding. among Other matters. the plannèd scope and liming of the audit and 5ignificani audli flndlngs. including any slgnlhcant deficiencles Sn internal control that wè idèntify during our audit. Use of our report This report Is made solely to the chariVs rnembers, as a body. In accordance with Chapter 3 of Part 16 of ihe Companles Act 2006. Our audit work has been undertaken so rhai we might stale to the charlws members rhose matters we are required to Stale to them in an audltorfs report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responslbllity to anyone other than the charity and the charlvs members as a body, for our audlt work. for thls report. or for the oplnlons we have formed. Paul Cridland (Senior Statutory Audltorl For and on behalf of Ellloit 8unker Llmlted Chartered accountants & statutory audltor 61 Macrae Road Ham Green Bristol BS20 ODD 21 November 2024

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Th• Shavpham Tru$¢ Balance sheet Company no. 016S9601 A5 at 31 Ma￿h 2024 2024 2023 Noie Flxed a55ets: Tanglble asset5 Heritage a55et5 Investments 4.726.162 90.000 4.261.958 4.753.319 90.000 4,027.215 14 9,078,120 8,870.534 Currnnt as5ei$: Debtors Cash ai bank and In hand 74.030 267.878 SQ.013 125,526 341.908 175.539 Llabllltles- Creditors: amounts falllng due wlthln one year ts5Z,0941 1505.4631 Net Current QlabS1Stles) QIO.1861 1329,9241 Toral assets less current Ilablltties .867,933 8.540.610 Credrtors.. amounfs fallln9 due after one year (457,968) 1470.5191 Total rt assets &409.965 8.070,091 The funds of the charKy. Endowment fvnds Restricted inrome fund5 Unrestricted incorne funds-. General funds 21a 4.399,777 108.799 4.399.777 IIS,730 3.901.389 3.554.584 Total unTestrlcted Funds 3.901.389 3.554.584 Total tharlry fvnd5 8.409.965 8.070.091 These financial statement5 have been prepared in accordance wlth the provlslons appllc4blt to companies subiect to ihe small rornpanie5 regiine. Approved by the trustees on 27 November 2024 and signed on their behalf by Danlel Srokes Chalr Martln Wrlght Company Secrètary The notes I to 23 foim part of these financial 5taiements

The Sharpham Trust StatemÈnt of cash flrAVS rthe d 31 March 2 24 Note 2024 2023 Cash flows from operdting actlvltles Net income I lexpenditure) for the reporting period las per the statement of flnancial activities) Depreciation charges IGain5111os5es on invesrments Dividends, interest and rent from invÈstments (Profit) Jloss on the disposal of fixed assets Increaselldecreasel in accrued expenses Ilncrease)Idecrease in accrued lincomel Ilncrease)Idecrease in debtors Increasel(decrease) in creditors 339.874 {40,267} 43,766 (162,293) (131,17n (342) 129,4191 (1.140) (22,877) 65.570 40,427 272,837 1124.6461 11.775 192,182 18591 (466,328) Net cash provlded by l (used In) operating activitie5 Cash flows from Investlng actlvltles.. Dividends, interest and rents from inve5tment5 Proceeds from the sale of flxed assets Purchase of fixed assets Proceedsl(Purcha5el of inve5rments Proceeds1(Purchase) of Investments 101.962 1114.879Y 131.177 342 116,609) 1424,215) 351,764 124,646 181.048) {136.872) 72.890 Net cash provlded by l (used In) Investlng actlvltles 42,459 120.3841 Cash flow5 from flnandng actlvltles: Repayments of borrowing Cash inflows from new borrowing Proceed5 from loans from group undertakings 112,551) 14,7831 10,481 41,857 Net cash provlded by financlng attivities (2.0701 37.074 Change in cash and cash equlvalents In the year Cash and cash equlvalenis at the beginning of the Change Sn cash and cash equlvalenis due to exchange rate movements Cash and cash equlvalents at the end of the year 142,352 125,526 198.189) 223,71 S 267,878 125.526 Analysls of cash and cash equivalenls and of net debt uther non- cash change5 At31 March 2n24 At l April 2023 Cash flows Cash at bank and in hand Overdraft facility repayable on demand 125.526 142.352 267.878 a Total cash and cash equlvalents 125,526 142,352 267,878 Loans falling due wirhin one year Loans falling due after more than one year Finance lease obligatlons 165,085) 1470,519) 1.168 12.551 (63,917) (457,968) Total (410,078) 1254,OQ7) The notes I ro 23 fomi part of these financial 5tatement5

The Sharpham Trust Notes to the financial statements Fo the ar ended 31 March 2024 l Accountln9 pollcles a) Statutory Inforniatlon The Sharpham Trust is a charitable company limiied by guarantee and Is Incorporated in England and Wales. The charitv meets the definition of a Dublic benefit entilv under FRS 102. The registered office address is Sharpham House, Ashprington. Totnes, Devon, TQ9 7UT. b) Bas15 of preparntlon The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance wlth the Financlal Reponlng Standard applicable in the UK and Republic of Ireland IFRS 102) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Art 2006. As5eis and Ilabilities are initially recognised at historical cost or transaction value unless otheThvise stated in the relevant accounting policy or note. The financial statements a￿ prepared in sterling, whlch is the functional currency of the entity. In applylng the financlal reporting framework. the trustees have made a number of subjectlve Judgements. for example In respect of significant accounting estimatès. Estimates and judgements are continually evaluated and are based on historical experience and other factor5, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the esiimation means the acrLTral outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevanl accounting policy below. c) Consolldatlon The charity has not prepared group accounts on the basls that the surplus achieved by the charity would be the same as that for the group overall. The donation made by the subsidiary ffhe Sharpham Trust Trading Company) is not material in the context of the group. As a small group under the Companies Act 2006 it ha5 taken advanrage of section 398, the optlon not to prepare group accounts. dl Golng concern The trustees conslder that there are no material uncertainties about the charity's ability to continue as a golng concern. The trustees do not consider that there are any sources of estlmatlon uncertalnty at the reporting date that have a Significant risk of causing a material adjustment to the carryin9 amounts of assers and Ilabllliles within the next reporting period. e) Income Income Is recognlsed when the charity has entitlement to the funds, any performance conditlons attached to thè income have been met, it is probable that the income will be received and that the amount can be rnea5ured reliabfy. The following specific policies are applied to particular categories of income: Income from government and other grants. whether 'capital' grants or 'revenue' grant5, is recognised when the charity has entitlement to the funds, any performance condition5 attached to the grant5 have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income from donations is recognised when there Is evldence or entitlement to the gift, receipt Is probable and its amount can be measured reliably

The Sharpham Trusi Notes to the financlal statements For the aren 31 March 2024 countlng polkles (continued) e) Income Iconilnued) For legacies. entitlement is taken as the earlier of the date on which either.. the charity 15 aware that probate has been granted. Ihe estate has been ftnalised and notification has been made by the executorfs) to the charity thai a distribution will be made. or when a distribution is received from rhe estate. Receipt of a legacy. in whole or in part, is On￿ considered probable when the amount can be measured reliably and the charity ha5 been notified of the execulor's intenrion to make a dlsrrlbutlon. Where legacies have been notified to the charity, or the charity is aware of the grantin9 of probate. and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material. Income from contracts for the supply of services 15 recognised with rhe delivery of the contraaed service, thi5 includes retreat5, (in person and online), external hires (retreais run by third parties and weddings) and campsite income. this is cla55ified as unrestrlcted funds unless there Is a contractual requirement for it to be spent on a particular purpose and returned If unspent, in which case it may be regarded as restricted. Income received in advance of the provision of a specified Service is deferred until the criteria for Income recognirlon are met. Income from burials is recogn15ed upon dellvery of the contracted seNices, excludlng the sale of plots for Interments. Income from sold plots is recognised the sooner of the date of interment or after the end of the cooling off period. Investment income from rentals and bank deposlts is accounted for on an accruals basis. Donations of gifts. servlces and facllttles Donated professional service5 and donated faiilities are recogni5ed as income when the charity has control over the item or recelved the service, any conditions associaied wlth Ihe donailon have been met. the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 1021, volunteer time is not recognised so refer to the trustees, annual report for more Information about their contribution. On receipt. donated gifts. professional services and donated facilities are recognised on the basis of the value of the gift to the charity which Is the amount the charity would have been willing to pay to obtain services or facilities of equlvalent economlc benefit on the open market- a torresponding amount is rhen recognised in expenditure in the period of receipt. g) Resources expended All expenditure is accounted for on an accruals basi5 and has been classified under headings that aggregate all costs relating to the category. The charity is not registered for VAT and accordSngly expenditure Is shown gross of irrecoverable VAT. Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement wlll be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following actlvity headlng5- Costs of raising funds relate to the costs incu rred by the charity in encouraging third parties to make voluntary contriburions to It. as well as the cost of any activitie5 Wlth a fundraising purpose Direct expenditure on charitable actlvirles includes the costs directly support of the objects of the charity and include the cost of maintaining the estate grounds and property and running the Sharpham Programme. Barn Retreat and Sharpham Outdoors education programme. Their associated sUPPOrt Icentrall costs supporting the activities are apportioned to activities based on estimated usage. Governance costs are ass(Kiaied with the governance arrangements of the charity and relaie to the general running of the charity. These costs are incurred to ensure compllance wlth constltutional and statutory requirements and include any costs associated with the strategic management of the charity'5 a(tivitie5. Other expenditure represents those items not falling into any other heading

The Sharpham Trust Notes to the flnanclal statements 24 l Accountlng pollcles (contlnued) h) Allocatlon of support costs Resources expended are allocated to the particular artivity where the cost relates dlrectty to that arttvlty. However, the Cost of overall direction and administraiion of each activity. comprising the salary and overhead costs of the central funcilon. Is apportioned on the following basis which are an estimate, based on staff time, of the amount allrlbutable to each attivity. Support and governance costs are re-allocated to each of the activities on the followlng bas15 whlch is an estlmaie, based the costs diroctly attriburable ro each activity Estate grounds & forestry Sharpham Programme Barn Rerreat Centre Sharpham Outdoors Sharpham House • Wild for People Burial site management Coach House 13% 31% 12% 6% 11% 3% 4% i) Operating leases Rental charges are charged on a straight line basls over the term of the lease. J) Fund accountlng The unrestricted funds consists of funds which the charity may use for its charitable purposes at its own dlscretion. De5i9nated funds are unrestritted funds earmarked by the trustees for particular purposes. Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a falr allocation of management and support costs. Expendable endowment fund (capital fund) this was originally represented by the gift of rhe Sharpham estate valued at £1,750,000, a gift of $2.000.000 (the sterling value ai the time was £1,754,77n and glfts of statues and works of art wlth a market value of £895.000. One of the statues %Yas subsequently 501d for £805.000 and the funds were Invested in the charity's share portfolio. Any income. gains or105ses arising on the charity shale portfolio are unrestricted in nature. l) Grant5 payable Grants payable are made to third parties in furtherance of the charitvs objerts. Grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant wlthout conditlon, or the recipient has a reasonable expectation thal they will receive a grant and ihat any condition attaching to the grant Is Outslde of the control of the charity. Provisions for grants are made when the intention to make a grant has been communlcated ro the reclplent but there Is uncertalnty about either the timlng of the grant or the amouni of grant payable. m> Tanglble flxed asset5 Fixed assets are capitslised where ihe purchase price exceeds £5,000. Depreclation cost5 are allocated to activities on the basis of the use of the related assets in those actlvlties. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net reali5able value and value in use. Where the freehold properties are not depreciated. they are maintained to a sufficient standard to ensure there Is no diminution in value. Where fixed assets have been revalued, any excess between the revalued amount and the hlstorit C05t of the asset will be shown as a revaluation resetve in the balance sheet. A revlew for indicators of impairment is tarried out at each reporting date. with the recoverable amount being estimated where such Indicator5 exist. Where the carrying value exceeds the value In use or recoverable amout, the asset is impaired io the higher of the value In use or recoverable amount. Prior Impairments are also reviewed for possible reversal at each reporting dale.

The Sharpham Trusi Notes to the flnanclal swements March 2024 l Accountlng polkles (contlnued) m) Tanglble fixed assets (contlnued) Depreciation is provided at rates calculated to write down the cost of each a55et to its estimated residual value over its expected useful life. The depreciation rates in use are as follow5= Free1￿k1 property held as at 31 March 1997 Freehold property acquired between 1998 and 2021 Freehold property acquired since l April 2022 Fixtures and equipment Motor vehicles Assets in the course of construclion Nil 2% straiqht line 15% to 25% stralaht Ilne 25% straiqht line None until complete n) Heritage a55et5 The charity holds heritage assets, which are tangible asseis of historical. artistic, or scentlfic Importance that are held to advance pr@servation and conservation objectives of the charity. Newly purchased heritage assets are capitalised and included at the cost including any incidental expenses of acquisition. Newly donated heritage a5set5 are either capitalised at the appropriate valuation. if available. if this Is not possible. they are excluded from the balance sheet on the grounds that no reliable cost information is available. Where heritage assets were acquired in past accounling periods and not capitalised. bt can be dlfflcult or costly to attributabe a cost or value to them. In such cases. these assets are excluded from the balance sheet if reliable cosi information is not available and conventlonal valuatlon approaches lack Sufficient reliability or Significant cosrs are involved in the reconstruction of analysis of past accounting record5 or in valuation, which are onerous compared with the additional benefit derived by users of ihe accounts In assessing the tru5tees' Stewardship of the assets. Works of an were capitalised at an estimated valuation a5 at 31 March 1997 of £90.000. These assets are not depreclated. The Charlty also holds other assets such as paintings which contrlbute to the local hSstory of the estate which are not included in the balance sheet figures either because they were donated to the charity many years ago and have no reliable cost and are too numerous and difficult to value. All Such a55et5 are not depreciated. bur subjett to annual impairment review. o) Investments Listed Investments Investments are a form of basic financial instrument and are initially recogni5ed at their transartion value and sub5eouently measured at their fair value as at ihe balance Sheet date using the closing quoted market price. Any change in fair value will be recognlsed In ihe statement of financial actlvltles. Investment gains and losse5, whether realised or unrealised. are combined and shown In the heading "Net gainslllosses} on investments. in the statement of financial activiiies. The charity does not acquire put options. derivatives or other complex flnancial instrurnents. Investments in subsidiaries Investment5 in subsidiarie5 are at cost. p) Debtors Trade and other debtors are recognlsed at the settlement amount due after any trade dlscount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ql Shortterm depostts Shorr term deposits includes cash balances that are invested in accounts with a maturity date of bethen 3 and 12 months. r) Cash at bank and In hand Cash at bank and cash In hand Includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

The Sharpham Trust Notes to the flnanclal ststemenls l Accountlng pollcles (contlnued) 5) Credl¢or5 and provlslDns Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally reco9nised at their settlement amount after allowing for any trade discounts due. t) Flnanclal Instrurnents The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at thelr settlement value. u) Penslon5 Contributions to defined contribution plans are recogni5ed as an expense in the period in which the related seNice Is provided. Prepaid contributions are recognised as an a55et io the extenr that rhe prepaymen15 wlll lead to a reduction in future payments or a cash refund. 2 Legal status of the charlty The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limitÈd to £1 3 Income from donatlons and legacle5 2024 2023 Toial Unrestricted Restrided Total Unre5trirted Restricted Donatlons Donation5 Central Donation5 Estate Oonatlons Sharpham Proqramme Donation5 Barn Retreat Centre From Trading Subsidiarv 6.774 6.774 23.364 181 24,082 47.446 181 2.068 5,144 7,212 5,101 5.101 381 19.622 20.003 491 4,040 4.531 24.372 24.372 34.853 34.853 Grants Crants receivable entral rant5 receivable estate Grants recelvable Mindful in Nature Grant5 receivable Wild for PeoDle Other grants 19,922 19.922 17,792 17.792 17,028 17,028 21,168 21.168 57,155 57.155 36.473 16.381 36.473 16.381 85.156 85,156 33,595 116.580 150.175 63.990 207,383 271.373

Th* Sharpham Trust Notes to the flnanclal statements 4 Income from charltable artivltles 2024 Totsl Unrestricted 2023 Total Unrestricted Restricted Restrlcted Sharpham Programme Coach House Barn Retreat Sharpham House Sharpham Outdoors Rental Income 512,109 328,930 206,473 91,434 93,967 63,395 512.109 328.930 206,473 91,434 93.967 63,395 515,434 251.410 180.008 101,023 94,620 57,939 51S,434 251.410 180.008 101 ,023 94.620 57,939 Sub-total for Wellbelng 1,296,308 1.296.308 .200.434 1.200,434 Natural Burials Estale 195,120 23,606 195.120 23.606 188.267 19,420 188,267 19,420 Sub-total for Ecological and Environmental 218.726 218,726 207.687 207.687 Other 11,067 11.067 Total income from charitable activities ,515.034 1.515,034 1,419.188 1.419,188 5 Income from other tradlng actlvltles 2024 Total Unrestricted 2023 Total Unrestricted Restricted Restricted Wedding venue hire 33,330 33,330 43.881 43.881 33,330 33.330 43,881 43.881 6 Income from investments 2024 Total Unrestricted 2023 Total Unrestrirted Restricted Restricted Rental and property income Income from Ilsted investments Bank Interest 34,031 34.031 38.353 38.353 94,989 94.989 86.293 86.293 2,157 2,157 43 43 131,177 131,177 124.689 124,689

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The Sharpham Trust Notes to the flnanclal statements d 31 March 2024 Net Income l (expendlture) for the year Thls Is stated after charging I Iciedltlngl.. 2024 2023 Depreclation (Lossl or profil on disposal of flxed assets Gainslllossesl tsn other investment assets Inierest payable Operaiing lease rentals rèceivable.. Properry Audltor's remuneratlon {excludlng VATI.. Audit 43.766 342 162,293 31,991 40,427 111,775 1269.7671 26.281 63,395 57.939 8AOO 7,900 ArAlysls of staff costs. trustee remuneratlon and expenses. and the cost of key management personnel Staff costs were as follows.. 2024 2023 Salaries and wages social 5ecurlty cosis Employer'5 contribution to deflned contrlbutlon penslon schemes 538.453 36.597 33.046 523.676 31,700 34,958 608.096 590.334 Thè Trust believes in equal pay and a Iivlng wage. It pay5 all permanent staff more than the currenr governmental national mlnimum wage and at least the Living Wase as defined by The Living Wage Fourhdation. The followfing number of employees received employee benellis lexcludlng employer penslon costs and employer's national insurance) durlng the year between.. 2024 2023 No. £60.000 - £69.999 The total employee beneflts (including pension contrlbutlons and employer's natlonal Insurance) of the key management personnel were £168.538 12023.. £160.3041. The charlty trustees were neithèr paid nor received any other benefir5 from employment with the charliy In the year 12023.- £nill. No charity trustee received paymeni for professlonal or other 5ervire5 supplied to the charity12023'. Tru5tee5' expenses represents the payrnent or relmbursement of travel and sub51Sten¢e costs iotalling £1,346 12023.. £5331 Incurred by 7 12023.. 1 I mernbers relatlng to attendance at meetlngs of the trustees.

Tht Sharpham Trust Notts to the financlal statements arch 2024 l O Staff numbers The average number of employees (head count based on number of staff employed) durlng the year was 2712023.. 301. I l Related party Iran5aalon5 There is no overall controlling party as the members consider that the commlttee has control. The charity ha5 an investment in a tradlng subsidiary called the The Sharpham Trust Trading Company Limited. Thè Charity has a current account with this subsidiary and at 31 March 2024 the Charity owed the 5ub5rdiary £60.955 12023= £50,474) which amount is included in creditors in these financial Statements. There are no othtr r¢lated party rransaalons to disclose for 202412023.. none). 12 Tawlon The charity 15 exempt from corporatlon lax as all its income is charitable and Is applied for charitable purposes. 13 Tan9lble flxed assets Freehold Flxtures and property fittings Assets In Consiruct'n Motor vehlcles Total Cost or valuatlon At the start of the year Addltion5 in year Disposals in year 4.569.655 4.411 417,714 24.859 14,260 16.112 1,599 {2,500) 5,017,741 30.869 {16,760) 114,2601 At the end of the year 4.574.066 442,573 15,211 5,031.850 Depreclatlon At the start of the year Charge for the year Ellmlnated on disposal 102,785 8.748 154.032 31.215 7,605 3,803 12,5001 264,422 43,766 12.500) At the end of tht year Net book value At the end of the year 111,533 185,247 8.908 305.688 4,462.533 257.326 6,303 4.726.162 At the start of the year 4,466,870 263.682 14.260 8.507 4,753,319

The 5harpham Trust Notes to the financlal stttements ended 13 Tanglble fixed asser5 (￿ntInued) All of the above assets are used for chaTltable purposes. At 31 March 1997 the charlty's freehold land and buildin95 were revalued at an open market value of £1.750.000 by Michelmore Hughe5. The trustees believe that rhe current valuaiion Is likely to be significanrly In excess of thls amounr. On an historlcal cost basls. thi5 land and buildings would have a cost of £132,236. HowÈver. the m￿Ority of the charlty'5 freehold property Included Sn thls valuation was donated and hence has a nil historical cost. These a55ets, whlch are not depreclated. have been included wlth subsequent assets purchased. whlch are valued at cost and depreclated, in freehold property above. The total cost of revalued assets not depreciated 15 £1.755.792. 14 Hed¢age assets Works of art were w?italised at an estlmated Valuatlon as at 31 March 1997 of £90,000. These a55ets. whlch are noi depreciated, due to the long econornic life. The charity also holds other assets such as palntlngs which contrlbutÈ to the local hlstory of the estate which are not included in the figures above eliher because they were donated ro the chaNty many years ago and have no cost or are numerous and difficult to value. All surh assets which are not deprecbated are 5ubjert to an annual impairment review. Palntlnqs Cost or vduatlon At l April 2023 and 31 March 2024 90,01)0 Accumulated Dew•clatlon At l Aprll 2023 and 31 March 2024 Carrvlno amount At 31 March 2024 90,000 At 31 March 2023 90,000 Exceptionally herltage assets wlll only be acqulred or taken as a donatlon If It adds to the cultural knowledge and history of the locality tsf the Sharpham Estate. There have been no heritage assets dlsposed of or acouired In the past 5 years. 15 In￿Stments 2024 2023 Fair value at the start of the year Additions at cost Dlsposal proceeds Net galn I Ilossl on change in fair value 3.987.235 216.759 1112.467) 162.293 4.192.826 117,825 150,5791 1272,8371 4.2S3.820 8.138 3.987.235 39.980 Cash held by Investment broker pending reinvestment Fair value at the end of the year 4.261.958 4,027,215

The Sharpham TNst Note5 to the flnanclal statements Forl end d31 15 Investments Icontinuedl Invesiments comprisé.. 2024 2023 Shares listed on the London Stock Exchange Unllsted share5 In UK registered companie5 Cash 3.973,776 280,044 8,138 3,707.191 280.044 39.980 4.261.958 4.027,21 S Usted Invesments The aggregate market value of listed inve5tment5 is £3,973.77612023: £3.707.1911 and the stock exchange valLtÈ 15 £3.973,776 12023.. £3.707, 1911. Flnanclal assets held at falr value Llsted Investments are all part of a managed portfolio which ha5 been valued at closing mid￿narket value as at 31 March 2024. The Sharpham Trust Tradlng Company Limited The chariiy has a l 00% shareholding in The Sharpham Trust Trading Company Limited Ireglstered no. 07877557). There are 280.000 ordinary shares in issue at a cost of £ l each. This subsidiary company 15 in the business of produclng elec(rlcity from renewable sources. In its year of trading 10 31 March 2024 it rÈturned a loss after tax of £4,791 12023." £12,522 loss after t4xI and had a 5urplu5 of share capital and rese￿eS of £304,94712023'. £309,738). Consolidated group flnancial staternent5 are not prepared as the results of The Sharpham Trust Tradlng Company Llmlted are not consldered to be materlal to the results of the Charity and togeiher compr15e a small group exernpt under Sectlon 398 of the Companles Act 2006. 16 Debtors 2024 2023 Trade debtors Accrued income 28.510 45.520 5,633 44,380 74.030 50.013 17 Creditors: amtyjnts falllng due vAthln one year 2024 2023 Bank loans Trade creditors Taxation and 50clal securlty Other creditors Arnounts dut to group undertakln9S Accruals Deferred Income (notè 181 13.443 47.151 8.829 5.668 60.955 37.776 378,273 14,611 55.500 10.922 4,653 50,474 67,195 302,108 552.094 505.463

The Sharpham Trust Notes to the firwiclal statsmerts ended 18 Deferred Income Deferred Income comprlses 2024 2023 Balance at the beginnlng of the year Amount released to income in the year Amount deferred in the year 302,108 1302.108> 378,273 379.044 1379.044) 302.1 08 Balance at the end of ihe year 378.273 302.108 19 Credltors: amounts falllng due after one year 2024 2023 Bank loans 457,968 470,519 457.968 470.519 Bank loan5 totalllng £457,96812023.' £470.5191 are secured a9ain5t two properries on the Sharpham Estate. 20 Penslon 5cherne Deflned contrlbutlon plans The arnouni recognised in income or expendlture as an expense in relation to defined contribution plans was £33.046 12023.. £34.958>. 21a Analysls of assets between funds (current year) General unrestricted Endowment funds Restrlcted Total fur￿5 TangSble fixed assets Heritage assets Investment5 Current assets Current liabilities Long term liabilltles 2,976,162 1,750,000 90.000 2,559.777 4,726.162 90.000 4.261.958 341.908 <S52,0941 (457,9681 1.62 7.639 307.651 1552,0941 1457,9681 74,542 34.257 Net assets at 31 March 2024 3,901.389 4.399,777 108.799 8,409,96S 21 b Analysls of net assets beNeen funds (prlor year) General unrestrlaed Endowment funds Restrlcted Total funds Tangible fixed assets Herltagè assets Investments Current assets Current Ilabllltle5 Long term liabilities 3.003,319 1,750.000 90.000 2.559.777 4.753.319 90.000 4.027,215 175.539 IS05.463) {470.519) 1,386.334 140.913 1505.4631 1470,5191 81,104 34.626 Net assets at 31 March 2023 3.554.584 4.399.777 115,730 8,070,091

Th* Sharpham Trust Nots$ to the flnanclal statements 24 22a Movements in funds (current year) At l Aprll 2023 Income & Expendlture gains & losses At 31 March 2024 Transfers Endi>wmeftt fur#J Expendable Endowment fund 4.399,777 162.293 1162,2931 4.399.777 Restrlaed fijnds: Thomas Welch Bur5arie5 Fund Barn Bursary fund Wild for People Mindful in Nature Sharpham Busarie5 fund Plymouth & Souih Devon Community Forest projett Greenhouse replacement fund Ambios - Transformer grant Hemiltage fund South Devon FIPL 81,104 605 16,5621 14,6621 136.4731 (21,1681 113,7311 74,542 536 4.593 36.473 21.168 5,144 8.587 16.381 116,3811 12.9881 11.5001 12.2541 {17,7921 16.934 8.500 13.946 7.000 12.775 15.029 17.792 Total resffirted funds 15.730 116,580 1123.5111 108.799 Unrestrlcted funds: G¢neral fuNIs 3.554.584 1,713.136 {1,528,6241 162,293 3,901.389 Total unre$trfcted fvnds 3,554.584 1,713,136 {1,528.6241 762,293 3,901.389 Total furrfls 8,070.091 1.992,009 (1.652.135) 8,409,965 22b Movements In funds Iprlor year) At l April 2022 Incorne & Expenditure gains &1055e5 At 31 March 2023 Transfers Endowment f￿d Expendable Endowment fund 4.399.777 (269,7671 269,767 4.399.777 Restrftted funds: Thoma5 Welch Bursarie5 Fund Ash Wheeler Barn Bursary fund Mindful in Narure Wild for People Sharpham Busarlès fund Greenhouse replacement fund Ambios - Transformer grant South Devon AONBIFIPL 81.104 106 3.390 81,104 11061 16.8251 {57.1551 185,IS61 117,2531 12,9881 11,5001 17,0261 4.040 57.155 85,156 24,084 19.922 i 0.000 7.026 605 1.756 8.587 16.934 8.500 T¢)tal restrkted fvnds 86.356 207,383 1178,0091 115.730 Unrestrfded funds". General funds 3,624.225 1.651.748 {1.45 1,6221 {269,767) 3.554.584 Total unrestrlaed funds 3.624.225 1.651,748 11,451.6221 Q69,76 3.554.584 Total funds 8,110.358 1,8S9.131 (1.629.631) 8.070.091 The narrative to explain the purpose of each fund is 9lven at the foot of thè note below.

The Sharpham Trust Notts to the flnanrlal slatements ed arch 2024 22 Movements In fvnds {contlnued) rposes of restrkted funds Thomas Welch Bursafle5 Fund The Thomas Welch Bursarie5 Fund is a legacy received from Col. Thom￿ SEephen Mortlmer Welch to be used as bursaries at the dlscretlon of the Trust. It 15 expected thai Ihi5 fund will be uiilised In Ihe near future. Ash Wheeler Bursary Fund The Ash Wheeler Bursaries Fund Is used to piovide bursaries to course attendees on the 'Sustaining Ourselves" course. Barn Bursary Fund The Barn Bursary Fund received donailons io provlde dlscounted places on Barrt retreats. Mlndful In Nature The Big Loltery Fund provlded a grant of £21.168 towards the Mindful in Nature projert. Vald for People The NatSonal Lottery Herltage Fund provlde(J grants for the Sharpham Wlld for People projett. Sharpham Bu5arles fvnd The Sharpham bursary received donatlon5 to provide financial support for Sharpham Pro9ramme retreats. Greenhouse replacement fvnd Donatlons and crowdfunder Income wa5 set against the initial costs of replacing our greenhouse. Amblos Trnnsformer grant Barn upgrade for the elearlclty nets¥ork. South Devon AONB & FIPL Restoration of rhe former vineyard Into a wildflower meadow. Plymouth & South Devon Communlty Forest project A 3 year project in pannership wirh Ambios to plant over 5.000 rrees on the Sharpham Estatè Hermltage fund Sharpham Trust recelved donations to build a new solitary retreat cabin near the Barn. This is used for silent, self-sufficient retreats 23 OperdtlrKJ lease commiiments receivable as a lessor Amount5 recehvable under non-cancellable operatlng leases are as follows for each of the followrng period5 Property 2024 2023 Less than one year One to five years Over five years 39.550 37.62S 44.QOO I 1,100 121.175 71,100