REGISTERED CHARITY NUMBER: 286310
Re
ort of the Trustees and
Unaudiled Financial Statements for the Year Ended 31 March 2025
for
Friends of Gunnersbu
Park and Museum
Freeman Carr
Chartered Certified Accountanls
The Gatehouse
2 Devonhursl Place
Healhfield Terrace
Chiswick
London
W4 4JD

Friends ol Gunnersbu
Park and Museum
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
Independent Examinerfs Report
Statement of Financial Activilies
Balance Sheet
Notes to the Financial Statements
7 10 11
Detalled Statement of Financial Activities
12

Friends of Gunnersbu
Park and Museum
Re
ort of the Trustees
for the Year Ended 31 March 2025
The trustees prèsent their report wth the financial stalemenls of the charity for the year ended 31 March 2025. The
truslees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities prepanng their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102) (effective 1 January 2019}.
OBJECTIVES AND ACTIVITIES
Objectives
The trustees, objectives are..
For the public benefil to secure the preservation, proteclion and improvement of Gunnersbury Park and the buildings of
historic interest therein.
To advan￿ the education of the public in the history, geography, natural history and archilecture of Ihe Park.
To advance the education oflhe public by promotin9, SUPPOrting, assisting and improving Gunnersbury Park Museum.
To provide. or assist in providing, facilities for recreation or other leisure-time occupations in the interest of the social
welfare of the public.
Activities
The trustees aim lo work with the staff team to support Ihe Park and Museum. sharing members, expertise, making
modest grants and occasionally putting on events. The Chairman was a co-opted member of the Gunnersbury Park Joint
Advisory Panel until it was abolished in 2018. In 2022 the charity made an agreement to work closely in future with the
Gunnersbury Museum & Park Dèvelopment Trust IGDT), registered charity 1168709.
During 2024125 the charity's activilies included..
1. In support of the charity's objective of se¢urin9 the preservation. protection and improvemont of Park and
Museum for the publi¢ beneflt:
a. continuing to provide advice and expertise to support restoration. acquisitions, and collections research where
appropriate.,
b. using the trust6es' knowledge of the estate to assess and comment upon redevelopment proposals for sites beyond
the Park's boundaries likely to affect the Grade11 landscape and historic views.,
c. keeping a close eye on matters which affect the Gunnersbury Estate. for example monitoring the impact of major
music events in the Park and responding lo proposals for change. During the year, detailed comments were submilled on
the planning application to install an inappropriatè Humanitarian Aid Memorial in the Park, and representation was made
at the relevant meeting of the Hounslow Council Planning Committee-,
d. offering funding of £15.250 towards the cost of developing a project relating to extending and upgrading The Orangery
In the Park on condition that the Friends WOLJld be represented on the steering group and thal it would have a significant
community role, rather than a purely commercial one. As the work proceeded wilhoul the charily's involvement, the offer
of fijnding was subsequently wlhdrawn.
2. In support of the charity's objectlve of advancing the educatlon of the public in understanding the Park and
Museum:
providing up-to-date information to members and stakeholders through the ￿ICe-Year1Y Newsletter, by email and to the
general public via the charity's website and by re9ularly submittin9 stories to local community newsletters
maintaining an online archive of Newsletters and articles.,
c. pmmoting the illustrated history of the Gunnersbury estate, which we published in partnership with Scala Arts &
Heritage Publications.
offering funding of £3,000 a year towards the cost of garden work directed by the Head Gardener and executed with
the help of Capel Manor College students..
e. offering funding of £3,000 a year lo support museum projects developed by the Head of the Museum Service and her
team.
3. In support of advanclng the education of the public by promotlng, supporting, assisting and improving
Gunnersbury Park and Musoum:
a. offering grants for appropriate projects and acquisitions for the collections and to support exhibitions and activities. and
b. offering talks to local organisations
All decisions about donations made to the Gunnersbury Estate have been guided by the principle that the charity assists
only with matters over and above the work usually funded by The Gunnersbury Development Trust, which oversees the
management of the Parf( and Museum, and the two local authorities which the estate and collections.
Page 1

Friends of Gunnersbu
Park and Museum
Re
ort of the Trustees
for the Year Ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charily is controlled by its governing document. a deed of trust and constilutes an unincorporated charity.
Related parties
The Trustees do not re￿1ve remuneration.There were no related party Iransaclions in the period.
FINANCIAL REVIEW
Reserves Policy
At the Annual General Meeting the trustees assessed and approved the Reserves Policy. The charity uses donations,
grants, and interest from the investments to make contributions that help fulfil the charily's objectives and aid the Park
and Museum. The trustees aim to increase the investments as funds allow.
Financial Position
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately twelve months
of forecast unrestricted charitable expendilure. The charity's income is principally investment income supplemented by
subscriptions and donations.
This year the Friends received a generous bequest from Glen Bamham, a long-standing committee member, and
resolved to spend it in his memory. The first projects funded in this way have been the refurbishment of the Italian
Garden and the planling of new hedgerows using nalive species.
The total combined income recorded for the financial year 2025 was £95,74312024= £9,464) and expenditure of £16.531
(2024.. £7.4071. Investment gains in 2025 were £1,672 (2024.. £17.3781 leaving net income after investment gains of
£80,884 {2024.' £19,435).
The balance held as unrestricled funds was £403,697 12024- £322,813} which the Trustees deem are sufficient to
continue its activities.
Investment Policy
The Charity holds the majority of its investments in the Climate Active Endowments Fund, managed by Sarasin. The
value of these investments increased in the year to 31 March 2025 though at a lower rate than the majorily of markets
which were boosted by strong perfomances by for example armaments fims in which Ihe charity chooses not to invest.
Public Ben8fit
The executive committee and trustees have paid due regard to the Charity Commissioners, guidance on public benefit in
deciding upon the charity's activities. Apart from the AGM, which is for subscribing members only, the charity events and
its website are open to all.
Financial management
All of the charily expenditure is overseen with care by the Honorary Treasurer and the Committee. The Trustees keep in
close touch with the charity's financi81 advisers and attend their advisory seminars. The costs of njnning the charity are
funded largely from the subscription income. The charity reclaims Gift Aid and applies for grants to support ils work
where appropriate. The preparation of the annual accounts complies wlh the Charity Commission's requirements.
Managing Risk
The Friends, Committee monitors the charity activities lo minimise risk. The organisation operates on a modest scale., the
charity has no paid staff or premises, and all the work is voluntary. The trustees lake specialist advice about the
management of the charity funds, most of which are managed by the major investment fim, Sarasin, which specialisgs in
the management of charities. funds.
Page 2

Friends of Gunnersb
Park and Museum
ort of the Trustees
for the Year Ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
286310
Principal address
25 Hartinglon Road
Chiswiok
London
W4 3TL
Trustees
Prof. J Wisdom - Chairman & Trustee
V S Leydecker- Membership Secretary & Trust88
P Salaun- Trustee & Committee Member
V Bolt- Newsletter Editor & Hon Secretary
P Dolphin - Committee Member
S Larcombe - Hon Treasurer & Committee Member
C Stiles- Committee Member
M Sanders - Committee Member- Committee Member
Independent Exarniner
Freeman Carr
Chartered Certified Accountants
The Gatehouse
2 Devonhurst Place
Heathfield Terrace
Chiswick
London
W4 4JD
Approved by order of Ihe board of trustees on ..............
and signed on ils behalf by..
Prof. J Wisdom - Trustee
Page 3

Inde
endent Examinerfs Re
ort lo the Trustees of
Friends of Gunnersbur
Park and Museum
Independent examiner's report to the trustees of Friends of Gunnersbury Park and Museum
I report to tho charlty trustees on my examination of the accounts of Friends of Gunnersbury Park and Museum (the
Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111'the Act'}.
I report in respect of my examination of the Trusys accounts carried out under Section 145 of the Act and in carrying out
my examination I have followed all appIl￿ble Directions given by the Charity Commission under S8Ction 14515){b) of the
Acl.
Independent examiner's statement
I have completed my examination. I confirm that no material matters hav8 come to my attention in connection with the
examination giving me cause to believe that in any matetial respect..
accounting records were not kepl in iespecl of the Trust as required by Section 130 of the Act., or
the accounts do not accord with those records., or
the accounts do nol comply with the applicable requirements concerning the form and content of accounts set out
in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a
true and fair view which is not a matter ccnsidered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Hardeep Virdee
Freaman Carr
The Gatehouse
2 Devonhursl Place
Healhfield Terrace
Chiswick
London
W4 4JD
0311112025
Page 4

Friends of Gunnersbu
Park and Museum
Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted
fund
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
87,018
87.018
1,050
Other trading activities
Investment income
529
8.196
529
8,196
150
8,264
Total
95,743
95,743
9,464
EXPENDITURE ON
Charitable activitles
Subscriptions
Newsletters
Events
Donations to park and museum
Governan￿ Costs
127
183
67
14,407
1,747
127
183
67
14,407
1,747
36
221
50
5.534
1,566
Total
16,531
16,531
7,407
Net gains on investments
1,672
1,672
17,378
NET INCOME
80,884
80,884
19,435
RECONCILIATION OF FUNDS
Total funds brought forward
322,813
322,813
303,378
TOTAL FUNDS CARRIED FORWARD
403,697
403,697
322.813
Th8 nolas form part of these financial statements
Page 5

Friends of Gunnersbu
Park and Museum
Balan￿ Sheet
31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted
fund
Restricted
fund
Notes
FIXED ASSETS
Investments
285,878
285,878
284,206
CURRENT ASSETS
Cash at bank and in hand
119,541
119.541
40,287
CREDITORS
Amounts falling due within one year
{1,722)
(1,722}
11,6801
NET CURRENT ASSETS
117,819
117,819
38,607
TOTAL ASSETS LESS CURRENT LIABILITIES
403.697
403,697
322,813
NET ASSETS
403,697
403,697
322,813
FUNDS
Unreslricled funds
403,697
322.813
TOTAL FUNDS
403,697
322.813
The financial statements were approved by the Board of Trustees and authorised for issue
and were signed on ils behalf by..
on
JL(-LL? (Q,, >
J Wisdom - Trustee
The notes form part of these financial statements
Page 6

Friends of Gunnersbu
Park and Museum
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial stat8ments of the charity. which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charilies SORP {FRS 1021 'Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounls in accordance wilh the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019}', Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland, and the
Charities Act 2011. The financial statements have been prepared under the historical cost convenlion. with the
exception of investments which are included at market value, as modified by the revalualion of certain assets.
Financial instruments
The company only enters into basic financial transactions that result in the recognition of financial assets and
liabilities like cash and bank balances, trade and other debtors and creditors, IDans from banks and other Ihird
parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period
for objective evidence of impairment. If objective evidence of impairment is found, an impairmenl loss is
recognised in profit and loss,
Financial assets and liabilities are offset, and the nel amount reported in the Balance Sheet when there is an
enfor￿able right to set off the recognised amounts and there is an intention to settle on a net basis or to realise
the asset and settle the liability simultaneously.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds. it is
probable that the income will be received and the amount can be measured reliably.
Donations and Legacies
Income from donations and legacies is recognised in the Statemenl of Financial Activities when the charity has
entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Donations in kind are recognised al fair value where this can be measured reliably, and donated goods for resale
are recognised when sold. Donated services and facilities are included at the value the charity would othenmise
pay for them where this can be measured reliably.
Expenditure
Liabilities are rècognised as expenditure as soon as Ihere is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the
amount of the oblig81ion can b6 measured raliably. Expenditure is accounted for on an accruals basis and has
been classified under headings thal aggregate all cosl related to the category. Where costs cannol be dir8ctly
attributed to particular headings they have been allocated to actlvitles on a basls conslstenl wllh the use of
resources.
Taxation
The charily is exempt from tax on its charitable aclivilies.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives al the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. R8slrictions
arise when speGified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Baslc Investments
Investments are a form of basic financial instrument and are initially recognised at their transaction value and
subsequently measured at their fair value as al the balance sheet dale using the closing quoted market price.
The statement of financial aclivilies indudes the nel gains and losses arising on revaluation and disposals
throughout the year.
The charity does not acquire put options, derivatives or other complex financial instruments.
All gains and losses are taken lo the Statement of Financial Activities as they arise. Realised gains and losses on
investments are calculated as the difference between sales proceeds and their opening carrying value or their
purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are
calculated as the difference between the fair value at the year-end and their carrying value. Realised and
unrealised investment gains and losses are combined in the Statement of Financial Activities.
Paga 7
continued...

Friends of Gunnersbu
Park and Museum
Noles lo the Financial Statements - continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - continued
Baslc Investments
The main form of financlal risk faced by the charily is that of volatility in equity markets and investmenl markets
due lo wider economic conditions, the attitude of investors to investment risk, and changes in sentiment
conceming equities and within particular sectors or sub sectors.
OTHER TRADING ACTIVITIES
31.3.25
31.3.24
Book sales
529
150
INVESTMENT INCOME
31.3.25
31.3.24
Other fixed asset invest - Fll
Deposit account interest
7,807
389
7.899
365
8,196
8,264
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,050
1,050
Other Irading activities
Investment income
150
8.264
150
8,264
Total
9,464
9,464
EXPENDITURE ON
Charitable activities
Subscriptions
Newsletters
Events
Donations to park and museum
Governance Costs
36
221
50
5,500
1,566
36
221
50
5,534
1,566
34
Total
7,373
34
7,407
Net gains on investments
17.378
17,378
NET INCOMEI(EXPENDITURE)
19.469
(34)
19,435
RECONCILIATION OF FUNDS
Total funds brought forward
303,344
34
303,378
Page 8
continued...

Friends of Gunnersbu
Park and Museum
Notes to the Finan￿81 Statements - continued
for the Year Ended 31 March 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
Restricted
fund
Total
funds
TOTAL FUNDS CARRIED FORWARD
322,813
322.813
Governance costs relate to accountancy fees.
FIXED ASSET INVESTMENTS
Lisled
investments
MARKET VALUE
At 1 April 2024
Revaluations
284.206
1,672
At 31 March 2025
285.878
NET BOOK VALUE
At 31 March 2025
285.878
At 31 March 2024
284,206
There were no investment assets outside the UK.
Cost or valuation at 31 March 2025 is represented by..
Listed
investments
Valualion in 2023
Valuation in 2024
Valuation in 2025
266,828
17,378
1,672
285.878
Investments are managed by Sarasin & Partners. Prices are provided by Bloombergs and are based on the Mid
price as at the close of business on the valuation date.
The investment managerfs charges during Ihe year were reflected in net returns on investments and not
separately charged.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3_25
31.3.24
Other creditors
1,722
1,680
MOVEMENT IN FUNDS
Nel
movement
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
General Fund
322,813
80,884
403.697
TOTAL FUNDS
322,813
80,884
403,697
Page 9
continued...

Friènds of Gunnersbu
Park and Museum
Notes to the Financial Stslements - continued
for the Year Ended 31 March 2025
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General Fltnd
95,743
{16,531}
1,672
80,884
TOTAL FUNDS
95,743
{16,531}
1,672
80,884
Comparatives for movement In funds
Net
movement
in funds
At
31.3.24
At 1.4.23
UnTestricted funds
General Fund
303,344
19,469
322,813
Restricted funds
Other Income
(34)
TOTAL FUNDS
303,378
19,435
322,813
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resouroes
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General Fund
9,464
(7,373)
17,378
19.469
Restricted funds
Other Income
134)
(34)
TOTAL FUNDS
9,464
(7,407)
17,378
19,435
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
At
31.3.25
At 1.4.23
Unrestricted funds
General Fund
303,344
100,353
403,697
Restricted funds
Other Income
34
(34)
TOTAL FUNDS
303,378
100,319
403,697
Page 10
continuad...

Friends of Gunnersbu
Park and Museum
Noles to the Financial Slalements - continued
for the Year Ended 31 March 2025
MOVEMENT IN FUNDS . continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows=
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General Fund
105,207
(23,9041
19.050
100,353
Restricted funds
Other Income
(341
(341
TOTAL FUNDS
105,207
(23.938)
19,050
100,319
RELATED PARTY DISCLOSURES
The Trustees do not receive remuneration.
There were no related paty transactions in the period.
Page11

Friends of Gunnersbu
Park and Museum
Detailed Statement of Financial Aclivilies
for the Year Ended 31 March 2025
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Donations and legacies
Legacies
Membership Fees
86,208
810
1,050
87,018
1,050
other trading activities
Book sales
529
150
Investment income
Other fix8d asset invest - FII
Deposil account interest
7,807
389
7,899
365
8,196
8,264
Total Incomlng resources
95,743
9,464
EXPENDITURE
Charitable activities
Event costs
Newsletters
Donations to park and museum
182
183
14,407
50
221
5,534
14,772
5,805
Support costs
Governance costs
Webhosting
Accountancy and legal fees
127
1,632
36
1,566
1,759
1,602
Total resourGes expended
16,531
7,407
Net income before gains and losses
79,212
2.057
Realised recognised gains and losses
Realised gainsl(Ioss8sI on fixed asset
investments
1,672
17,378
Net income
80,884
19.435
This page does not form part of the statutory financial statements
Page 12