Charity Tegistralion nU[nr. 288850 NATIONAL HEDGE LAYING SOCIETY TRUSTEES, REPORT AP4D UNAUDITF.D FINANCIAL STATF.MENTS FOR THE YEAR ENDED 31 DECEMBER202S Lealindis Limited
National Hedge Laying Society CoNtent5 PagÈ Trusl¢e5' Report Ind¢nd¢t F.XaTnin¢r's Rcport Coinparatiie 8tatemeni of Financial Activities Staiement of Financial Posiiion The folloin- pages do nor form part ot-the 51alutorv accounts.
National Hedge Laying Society Trustees, Report For The Year Ended 31 Decernber 2025 Th¢ pr¢s¢nt Ih¢ir ripi?rt and th¢ finan¢i#l statim¢nls fvr thi y¢ar indid 31 D¢i¢Ynbir 2n25. OhjÈttivQ% rtdAttiiitie Pb]le lIerIt The trustees confinn that they have complied V¥ith the requirements of Section 17 of the CharitiesAct 2011 to hai'e due regard to the Charit>. Cominission's RtltreThce Admini5trAiive Details Trstee5 Mr Joe Craig- Chair (resigned 1010$120251 Mr John VickLry Tri?sur Mr MiihaLI HarthLII- VILC ¢h#irtnan Claire Maicmort Mr Richard Hooker Mr Dald BoNson lappiinted 10105120251 Mr Stele Budding- Chair{appoinl£d 10105120251 Charity liymber 288850 1Opertèt LxamirtÈr Chris Wadv IL.4FW 71 Londoii Road Newark Notts NG24 IR7 Pag¢ I
National Hedge Laying Society Tru5tee5' Report (continued) For The Year Endcd 31 Dceember 2025 Thu trll51iLS' Trt wys #ppr(TrY¢d th¢ b(Trard (If IrystC¢5 and slBllL 115 bohalf hv-. Mr Steve Budding Trllstee 09105ll020 Pag¢ 2
National Hedge Laying Society Independent Examiner'5 Report to the Trustees of National Hedge Laying Society For The Year Endcd 31 Dceember 2025 I report lo th¢ ttustee5 Oll tn) ¢xaininalion ot the accounts ot"Nalional Hedge Laiing Society Ith¢ Tru511 tor th¢ yfar¢nd 31 DecetnbEr 2025. RtspoDsibiliiit5 and Basis fjf Rtport As ihe iharIt Lru%tee% (Jfthe-l-ruqt yl)u are regrM)n%ihle fijr the preratIOn Iifthe ace(Juni% irt aeciirdance wilh ihe re4ulrement% ofihe Charities Aei 2011 I'lhe Aci") I report In resrtct of iii}' examinatioii of tlie Trust's accouiits c&rried out under section 145 ofthe 2011 Act and In carrying out m}. examination. I have lndtpedet ExAmie$ Statement I have compleied Iny exatniiiation. l Confirni that tnaierial Matte have come lo Iny atrenlion in connection ilith the e¥amiiialion sivin8 me cause to believe accounting records ivere not kept In re5pectof IheTrusl as required by section 130 of the Aa. or 2. the account5 do not i1ccord 1th those reiord5. or 3. thL ai¢oun15 not compl}. 1th thL applicablc rcquircmLiils ¢on¢¢rning Ihc torrn and ¢onl¢n15 of a¢¢oun15 5¢1 out Ihc Chari11¢5 IAccounts and ewrtbl Kegulaiions 20U8 other than art) reqiiirement that the accounts giwe a'true fair view w.hich is not a matter eonsidered as part ofart Independent exELmin&tion I hai'e no cuncem% and ha%'e e(Jme acri)%S rto other matter4 in conneL'tion with the examinatiort to which atttniion should be drn'n in thi% repori irt order to enable a proper understanding of the accounts to be reached Chris Wade ILAEW 0910.f12026 71 1.ondvn Road NLwark Notts NG24 IRZ Pag¢ 3
National Hedge Laying Society Staternent of Financial Activitie5 For The Year Endcd 31 Dceember 2025 2025 2024 Unrcstricttd Rtstriited Toi&l funds TotAI funds (unds fTrds otey 18.000 29.265 38.272 9.402 9.402 6.220 36.504 36.504 29.203 InvL.%imLrtL% 4.2DQ 78.857 18.nno 90.857 EAPEYDITURE ON- Raisins funds C'haritable activities. 142,9641 16,606) Core activities {Ch&mpioiiship Shows) 19.0431 (22.3931 12).7691 177.6481 168.6861 NET INCOME 23.978 14.7691 19.209 19.626 NET NIOTrEMENT IN FLINDS 23.978 14.7691 192119 19.626 RFC'ONC'II.1.4TION ()F FlINtkS.. Total fvnds brought form'ard 128.883 79.204 208.147 188.520 TOTAL FLINDS CARRIED FORW.4RD 152.861 74,495 2?7.356 208,146 ThL ny1¢5 Qn pa¥is 7 to I I torm part of Ihc51 finanrial slalitnrn15 Pag¥ 4
National Hedge Laying Society Comparative Statenient of Financial Activities For The Year Endcd 31 Dceember 2025 2024 Unrestritlcd Rcstricted TotAI funds fTrds funds Notes 19.272 19.IXXI 38.272 6.220 6.220 29.203 29.203 InvL.%imLrtL% 4.2OQ 4.2DQ 19.NM) EAPEYDITURE ON- Raisins funds C'haritable activities. 142,9641 142,9641 16,006) 16,606) Core activities {Ch&mpioiiship Shows) 151KJI 167.5861 I I.IIN)I 168.6861 NET INCOME 1.726 I7.9j 19.626 NET NIOTrEMENT IN FLINDS .726 17.ty¥NJ 19.626 RFC'ONC'II.1.4TION ()F FlINtkS.. Total fvnds brought form'ard 61..4fy1 188.520 TOTAL FLINDS CARRIED FORW.4RD 17 128,882 79.264 208,146 ThL ny1¢5 Qn pa¥is 7 to I I torm part of Ihc51 finanrial slalitnrn15 Pag¥ 5
National Hedge Laying Society Statement of Financial P051tion As At 31 Deecmbcr 2025 2025 2024 Unrcstricttd Rtstriited Toi&l funds TotAI funds (unds fTrds otey IXLD,l5E'l. Tangibl¢ A5s¢ts 23.165 22,115 23,165 CURRENT ASSETS 13 507 507 824 Debtors 14 4.IIK) 4.IINJ 2.775 Casli at bank and in hand 126.798 74.495 201.293 182.904 74.4Y5 IX6.5D3 C.'reditors'. Tr'allittg Due Il'ilbin Ot Yo*r 15 NET CURRENT ASSET5 ILIABILITIESI 130.746 74,495 20.f.241 184,981 'IOl'.l&LA%8LI'8 LL&S (-.IIKKLNI' LI.rtBJLI'J ILS 152.861 74.4Y5 227.356 208.146 NET ASSETS 152.861 74.495 227.356 208.146 FIINDS OF THE CHARITI. 74.495 li2.861 79.264 128.882 Urtresiricted Fllnds 'I()T.4L TrIINDS 227.356 On b¢.half (If th¢ bvora Mr Steie Budding Trustee 09105ll020 The note5 on pages 7 ro I I form part of these financial 51alemenl5. Pag¥ 6
National Hedge Laying Society Notes to the Financial State]nentS For The Year Endcd 31 Dceember 2025 GtncrHI Informatio N&iiynal H¢dg¢ LAying SIKi¥ly 14 art ynin¢orrM)rai¢J Lharily r¢gi4i¢r¢J with lh¢ Lharity Lvmm1sIvn. r¢gisi¢r¢d ¢haiily numlK'r 2¥¥¥511 Th¢ priniipal addr¢s4 ,tecoutttlg P&lieie% 2 1. B%i knfpreparation thf Tritsantial %ttÈMÈt% l-he firtancial.%tsiemerti£ have been prepared in acethrdartce with ihe Lhariii&£ %(IRP (FR5 1021"Accounting And Rep()riing b). Chariii&£'.%iaiemeni (Jr Kecommended Praciice 8ppIILable io charities preparinÉ Ihtir acLOiints in aLcordartce with ihe Pinancial ReporiinE Standard applicable irt the UK and Tlie charity Is a Public Beiiefil Entity as defined FRS 102. 2.2. Tangible FixcdAsstts and Deprtciation Tangible fixed assets are measured at cost les5 accumulated depreciRiion &iid any acciimulRied iinpairment losses tkpreciaiioii Is provided at rates E4uipmertl Trophies No depreciation 2 3. Sttstks WorlL PrresS Stviky work in pn)¥r¢sy yrr valuLd al thi low¢ryl'cx)¥l nrl rvy115abl¢ valu¢ attvr tnakin¥ allowanLc furubsvlvlv 51yis-movin¥ sli)yk- Ctssi is deiermined using the firsi-in. fir%l-Oui method Losi irtLlude.% All direeieostg and an appriipriaie proportiort orrixed and variable Overheads Work In progrr5S l5 rcfl¢clcd In thr accuunts on a contra¢1 cuntrail bas15 by rriording tsrnoyrr and rclalcd ¢0515 a5 ionlraci a¢liYit) proBfiss¢5. impairmtni is required ihe impairmerti charge is revetsed. up io ihe ljfiginal impaimieni loss. and is recogrtised a eredii Jrt the siaiemeni orrirtarteial 2 4. Csh 8Dd Ca5b Eq1}1¢S Cash and Cash equivalents are basic financial assets and inelude cash in hand and depDSits held at c&ll with banks. other short-term highl} liqllid Investments that niatiire iii no more ihan three llionth5 from ihe date of a¢qui511ion aiid are readilN convertible io a knowi amount ofcash with 3 Illcomt from Dollatlolls Legacies 2025 Re%trietÈd rDd5 fllmds nds 18.INJO 29.265 2024 Restrieted ruthds ruttds Donntions and gifts 19,272 19.INJO 38.272 Pag¥ 7
National Hedge Laying Society Notes to the Financial StatemeNt5 (continued) For The Year Endcd 31 Dceember 2025 4 1cOme from Other Tradin% Artivitiey 2025 2024 Unrestricted UDrestri¢tcd Publiiatiyns. n¢wsl¢llcrs and juurna15 MLmbLr5hip subsiripLion5 Shop Incoille 3.f.847 27.714 556 36.504 29.203 2024 Ilnresrritted fud$ fund5 Bank intere81 rteeiwable 4.091 4.200 Èt lrte()mÈllExpertdituiÈl 2025 2024 Depreeiaiii)n of iartgihle fixed ai%ei%- Owrted A Thal)%i* thfExpertditufÈ 2029 .4ftiviti ertake dire¢tly Grajit funding Df Suppori costs Total 1.067 40.461 41.)28 Skill development Core actiNities (Championship and Shows) 11.864 13.727 18.943 3.450 22.393 31.874 40.461 77.648 2024 derlake directly Gra1 funding Dr Support costs Total Raising funds kill de%eli)pmeni Core activities Icharnpionship and Show51 2,390 6.61) 40_574 42.964 6.606 3.300 3,300 40.574 68.686 Pag¥ 8
National Hedge Laying Society Notes to the Financial StatemeNt5 (continued) For The Year Endcd 31 Dceember 2025 8 SuppTrrt CD5ts Raising fndS Emplo?'e¢ C0515 23.015 16,240 1.050 Depre110 40.461 2024 Ralglmg Emplo)'ee costs General administration 26.523 .699 Depreeiaiii)n Governance cost5 40.574 9. IndtptDdcnt Examiller's RemuDeratio 2025 2024 InderkndenL exalninaiii)n t)f ihe finarteial %L4*mettt% 042 593 992 943 111 StAff CDsts Staff cos15 NTrcrc as tollows". Wages and salaries Social stcllrity costs Other p¢n5ion cos15 1.872 372 77 8.422 No ¢tnploycc5 (c1V¢ rmp1uY b¢ndi15 l¢xcludin¥ CTnployrr p¢nsion ws1¥l lor tho porting rIOd ol'moro than £fyJ.000. 11. Average berOf Employtt5 Average nuniberof¢tnployees during th¢ yrArwa5. 1 12024. 11 Pag¥ 9
National Hedge Laying Society Notes to the Financial StatemeNt5 (continued) For The Year Endcd 31 Dceember 2025 12 THTr%ibltA35et¥ EquipmtDt Trophie5 Total Cost As l January 2025 7,597 21.342 28.939 As at 31 DeL-ember 2025 7.597 21.342 28.939 Depreciatio As at l January 2025 Provid¢d during th¢ rI1)d 5.774 5.774 1.050 i.o.fo A5 al 31 r)e¢¢mb¢r 2025 6.824 6.824 Net Bmk I'alut A% al 31 DcLimb¢r 2D25 773 21.342 A% ai l January 2025 21.342 13. 4toek& 2024 StrJ¢k 507 824 14 Dthtor% 2025 2024 Dve within yegT Trnde debtors 4.100 2.775 15 Crtditors.. Amoiints Falling Due Within On¢ Year 2025 2024 Trade creditors 56 52 77 927 Taxalioii and social security Aceruals And deferred income 482 350 659 1.522 10. Pension cmInitEntts -Ihe charil! (Jperaies a defined corttribiililjn pertsion .heMe.-Ihe Sets ofthe scheme are held separaiel} from those ofihe charily in art independenil) During the year the charge to the statement of financial actiiities in respeci of defined contribiition schemes £372 {2024 £771 At the sMi¢ment of financial p151110n dAte contributioiis of £77 12024 £491 were due to ihe fund aiid are Included in crediiors. Pagv 10
National Hedge Laying Society Notes to the Financial StatemeNt5 (continued) For The Year Endcd 31 Dceember 2025 17 MovemcTrt FTrds As at l .45 At31 De¢ttnber202S Expellditu TrASfer8 128.883 78.857 154,8791 Re$tri£ted fuDd¥ Skill developineiil- trF 1.572 15.845 12.5781 13.267 Edu¢ation & Trainin 28,050 3,43.f 29.500 12.428 Youth fund Apprenticeships fuiiding Lareer Lhange li.0 12.7001 41.800 7.noo 79.264 18.OLW) 122.7691 74.495 Total fudS 208.147 96.857 177.648) 227.356 As at l JaDllary Asat31 Dettmbcr2024 224 Incomt ExptThditllrc I[reStricted General.. Iierteral Unre£ir1Ld fund 69.312 {07.5X61 Restricted fuTrd5 Skill development- PCF Tr&iner development Edu¢ation & Training li.845 15.845 28.056 28.056 3.435 3,435 29.50 Apprentice%hip% funding Caieer chanse 15.UOO 151N)I 4,000 4,000 61.3( 19.nno 79.264 Total [dS 88.312 168.6861 208.146 18. Related Party DI]Sre5
National Hedge Laying Society Detailed State]nent of Financial Activitie5 For The Year Endcd 31 Dceember 2025 2025 2024 TotAI (unds Total funds INC'0IF. ANI) F.hDOW'IIF.NTS FROM- onations Ic%3fic5 3,698 34.574 Donations from organisations 27.727 29265 38.272 Charliable Aetiiititg.. Sklll dtvt1opmjtt Trnining 9_402 6.220 9.402 6.220 Cvre wrtivitit5 ICh#mpiollship Show5 Ch¥thipionship Shuws 16.095 1.st Otbcr tradinx artilitse Wtb%ite inLI)me 27.714 Merchandise 556 36.504 29.203 lttvosimemts intr'rist rwyivahl 4.OVkl 4.200 4.091 4.200 96.857 EXPEDITE1RE ON.. Raisin% PllrLha%¢ 11.wii Courier services 1761 Wages and salaries Emplo?'er5 Nl Eniplo?'er5 PenSIOn5- defined conttibuiions Scheme Trnvel and 5iibsistence expenses Li)mpuler artd IT etsn%umahle% InsuraNce (77) 13.6791 11_6401 11.2641 Printirtg. wstage and statiortery leleLI)mmunicatiOrts IIIN)) Website ¢0515 IndeFtndent exainineS fees Subsiriptiyn5 16.5041 14691 13,8861 14561 Bank- charges Sundry txrknses ..CONTINUED Pagv 12
National Hedge Laying Society Detailed Statement of Financial Activities (continued) For The Year Endcd 31 Dceember 2025 AGM I board meetings expenses 142.Y641 Charitable Activitie5'. Skill d¢NelopMent 11 I.¥) 16.0061 16.6061 C'thre attivitit. IC'hampitstsbip atsd Shtsw9 Chainpionship costs Shvw (7451 Grants to Insiitution5 12,7001 177.6481 168.6861 ET1cOME 19.209 19.626 Pagv 13