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.. DonielStL*es. 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 IA*ttery 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

4.

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
sharphanwtate@parkrun.com
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
rÉ*ljoc)k
e2023Tr*1
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 • bookings@sharphamtrust.org
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

mr
***o1
z&¥ z

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

r￿ots
IV)OplDltsm
*r4r4
*th rs(•- * *th O I ¢0 I I I I I I I I
-VUIJZiiiJO

fftrfiffi
i I
i i i
-c*Ln

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