Company Re8lStration Number 2178410
Registered Charity Number 297985
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Mangreen Trust
Report of the Trustees and Unaudited Financial
Statements for the year ended 31st December 2025
Company Registration Number:
02178410
Registered Charity Number:
297985
Page l of 17

Company Registration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Contents Page
For the year ended 31 December 2025
Trust Reference and Administrative Details
Report of the Trustees
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
10-11
Notes to the Financial Statements
12-17
Page 2 of 17

Company Re8lStration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Reference and Administrative Details
For the year ended 31 December 2025
TRUSTEES and DIREcfoRS
Mrs Angela Mary Sellens Drake
Mrs Susan Ann Eagle
Mrs. Patricia Holtom
Mr fimothy Eag
Mrs. Sarah Caroline Coleman
'During 2025 Mrs. Patricia Holtom was a
Trustee but not a Director of Man8reen Trust
The Trust solicitors have been instructed to
address the matter so that Mrs. Holtom is
appointed as a Director of Mangreen Trust.
Mrs. Coleman re5i8ned as a Trustee on 6
January 2025.
REGISTERED COMPANY NUMBER
REGISTERED CHARITY NUMBER
02178410
297985
REGISTERED OFFICE
Mangreen Hall North
Swardeston
Norwich
Norfolk
NR14 8DD
Independent Examiner
Alan Evans. Ae8el Finance
Meadow House
Aylsham
Norwich
NRII 6DA
Page 3 of 17

Company Registration Number 02178410
Registered Charity 297985
MANGREEN TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2025
The charity is controlled by its governing document, a Deed of Trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2(KJ6.
The Trustees, who are also directors of Mangreen Trust for the purposes of the Companies
Act 2006. present their annual report and financial statements for the year ended 31st
December 2025.
The Trustees have adopted the provisions of Accountin8 and Reportin8 by Charities
'Statement of Recommended Practice, applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021.
Objertives and Activities
Principal actlvitie5
The principal activity of the Tnjst during the financial year was the promotion of healin&
education and wellbeing.
This year has been very challenging in a lot of ways. not just financially with the spiralling
costs and the tightenin8 budgets for families. We have seen a drop in revenues along with
other charities, but our help is as ever in demand. We continue to help the local
communities as well as school children in Malawi throu8h the Dedza School Links charity.
Our Dementia work continues with coffee mornings at Mangreen forthe carers as well as
those that have Dementia. One of our trustees continues to hold zoom group meetings.
We have been holdin8 space for Yo83 and Wellbein8 Retreats through third parties. These
have had a good take up. Again, this year has seen families get together sadly on occasions
to celebrate the life of a loved one. l am pleased to say Mangreen Trust has been able to
help with this.
Our work with the Ioc31 Spiritual Man8reen community has continued with monthly
meetings and coffee mornings.
Our swimming pool continues to be popular. through word of mouth. and has been
recognised as good place for disabled children and adult5 Wlth their families to come to
relax. It is good to see families spending quality time together. One of the reasons for this
is that we have a disabled access hoist, toilet facilities and steps that walk gradually down
into the pool area.
We are happy to provide space for The University of East Anglia for mentorin8 students to
become counsellors in the future.
Man8reen Trust has seen a bi8 increase in costs which we are tryingto take on board.
Pa8e 4 of 17

Company Registration Number 02178410
Registered Charity 297985
The Mangreen Trust slte. Orchard Rooms & Sanctuary Users in 2025.
Norfolk Moth Survey group.
Angela Sellens-Drake-Reflexology and Complementary Health
workshopslclinics.
Dedza School Links Charity
NHS senior management team
NHS critical care Management team
Relate Norfolk and Suffolk. Training.
Norfolk County Council Children's, Services. Training days including Sensory Support
group. disabled children, and other strategy groups.
Private celebrations for local people
Values Training Services.
NCC Adoption and family finding unit.
Various Celebrations of Life.
Mancroft Advice Project IMAP).
Norfolk and Norwich Scope AssociationlNANSA.
Simon Delph . Leadingto change group.
The Mankind Project.
Norfolk Carers Support.
NCC . SEND and ANDP groups.
NCC . Norfolk Youth Offendin8Team.
Mancraft Group. Men's help and Support group
University of East Angela. counsellor training
Mangreen Trust workshops
Portar8e SEND
Flnancial Review of 2025
Mangreen Trust operates the swimming facility and the conference facilities which are hired
to appropriate local organisations. The Country House Retreat is operated by a separate
company Mangreen Country House Retreats Ltd which is a wholly owned Subsidiary of the
Trust.
The conference facilities are used by a range of local organisations such as educational
institutions, local authorities and health services. Income from the swimming pool has
increased sharply following the investment in the facility.
Overall the Trust incurred an operational profrt of £IOk, and an overall breakeven position
after allowing for depreciation of £IIOlk. Mangreen Country House Retreats Ltd showed a
loss of £118lk lincluding depreciation of £14lkl. The consolidated position for the Trust and
its subsidiary is a1055 of £118lk. Within these figures provision has been made for the cost
of closure of the tradin8 operations.
Page 5 of 11

Company Registration Number 02178410
Registered Chariry 297985
All assets and liabilities of Mangreen Country House Retreats Ltd were transferred at book
value to Mangreen Trust on 31 December 2025.
Plans for the Future
Trustees are concerned about the trading position. The Trust, and tts subsidiary Man8reen
Country House Retreats Ltd, are currently facing difficult trading conditions. This is
considered to be caused in part by increased food, staffing and energy costs. The cost-of-
living crisis has also resulted in its clients, experiencing reductions in disposable incomes
thereby reducing discretionary expenditure.
As a consequence, the Trust is in the process of changin8 its operation to achieve its charitable
objectives. The Trustees have decided to commute the Trust into a 8rant giving Trust. To
achieve this, they have decided to close its subsidiary company Mangreen Country House
Retreats Ltd and liquidate it. The Trustees have also decided to sell M3n8reen Hall North in
order to fund the new dlrettion of the Trust.
Thus, the Financial Statements continue to be prepared on the 80in8concern basis.
This report was approved by the Board on the 23 February 2026 and is signed on its behalf
bv.
Mrs Susan Ann Eagle
Trustee
Page 6 of 17

Company Registration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Independent Examinerfs Report to the Trustees of Mangreen Trust ('the
Company)
I report to the Charity Trustees on my examination of the accounts of the Trust for the year
ended 31" December 2025.
Responsibilities and basis of report
As the chariws trustees land also its directors for the purposes of cornpany lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 20061.the 2006 ACVI.
Having satisfied myself that the accounts of the Company are not required to be audited
under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect
of my examination of your charitrfs accounts as carried out under Section 145 of the Charities
Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given
by the Charity Commission under Section 145{5) Ib) of the 2011 Act.
Independent examlnerfs statement
I have completed my examination. I confirm that no matters have come to my attention in
connection with the examination 8ivin8 me cause to believe:
accounting records were not kept in respect of the Company as required by Section
386 of the 2006 Act; or
2. the accounts do not accord with those records: or
3. the accounts do not comply wtth the accounting requirements of 5ettion 396 of the
2006 Art otherthan any requirementthat the accounts give a true and fairview which
is not a matter considered as part of an independent examination- or
4. the account5 have not been prepared in accordance with the methods and principles
of the Statement of Recommended Practice for accounting and reporting by charities
(applicable to charities preparin8 their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211.
I 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 Financial
Statements to be reached.
As mentioned in the Trustees Report, Trustees are changing the strategic direction of the
Trust and its wholly owned subsidiary Mangreen Country House Retreats Ltd.
Page 7 of 17

Company Registration Number 02178410
RegiSte￿d Charlty 297985
MANGREEN TRUST
Independent Examlnerfs Report to the Trustees of Mangreen Trust ('the
Company) continued
The Financial Statements have been prepared on a 80in8 concern basis.
Alan Evans MSC M8A FCA
23 February 2026
Aegel Finance
Meadow House
Aylsham, Norfolk
NRII 6DA
Page 8 of 17

Company Re8lStration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Statement of Financial Activities
For the year ended 31 December 2025
2025
2024
Unrestrirted
Fund
Restricted Total Funds
Fund
Total
Funds
Notes
Donations and Bequests
Artivities to further the
charitVs objertives
Earnings from services
supplied
Membership Fees
Other incoming resources
Total Incomin8 Resouros
126
126
120
22,691
22,691
26.900
44.504
6.115
73.436
44,504
6,115
73,436
28,683
598
57.301
Resources expended
Charitable expenditure
Cost of activities in
furtherance of charity's
objectives
Management and
administration of the
charity
Use of revenue for capital
investment
Total Outgoing Resources
(63,215) {10.2151
{73,430) 191.177)
{63.2151 110,215)
173,4301 191.1771
Surplus / (Loss) for the
Year
10,221
110,2151
6 133,8761
Total Funds brou8ht
forward
Transfer of assets and
liabilities from Man8reen
Country House Retreats Ltd
Total Funds carried fonvard
Irestatedl
10,239 1.075.501 1,085,740 1,119,616
li
15,898
23.236
39,134
io
36,358 1,088.522 1,124,880 1,085,740
Page 9 of17

Company Registration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Balance Sheet
As at 31 December 2025
2025
2024
Total
Fund5
Notes Unrt5tricted Restricted
Fund
Fund
Total
Funds
Fixed Assets
Tangible Fixed Assets
1.088.522 1.088.522 1.075,501
Current Assets
Stock
1.170
1.070
1,321
1,606
31,217
34,144
Debtors
Cash at Bank and in hand
48.942
50.112
48,942
50,012
Current Liabilities
Creditors: Amounts falling due
within one year
Intercompany balance owed to
Mangreen Country House Ltd
Net current assets /
113,6541
{13.6541 110,536)
{57,3691
36,458
36.358
{33,7611
Total asséts less current
Ilabilities
Long term loan to Subsidiary
Company Mangreen Country
House Retreats Ltd
36.458 1.088.522 1.124,880 1.041.740
44,000
NET ASSETS
36.458 1.088,522 1,124,880 1.085.740
Capltal and reserves
Unrestricted Funds
Restricted Funds
Restrirted Fund- Revaluation
Reserve
36.358
88,522
10,239
75,501
I,0￿,000 I,0￿,000
TOTAL FUNDS
io
1.124,880 1,085,740
Pa8e 10 of 17

Company Registration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Balance Sheet {continued)
As at 31 December 2025
Mangreen Trust is a charity and a private company, limited by 8u3rantee. The charitable
company is entitled to exemption from audit under Section 477 of the Companies Act 2006
for the year ended 3151 December 2025.
The Members have not required the companyto obtain an audit of its financial statements
for the year ended 31 December 2025 in accordance with section 476 of the Companies
Act 2006.
The Trustees acknowled8e their responsibilities for
ensurlng that the charitable company keeps accounting records that comply with
sections 386 and 387 of the Companies Act 2006
2. preparing financial statements which give 3 true and fair view of the state of affairs
of the charitable company as at the end of each financial year and of its surplus or
deficit for each financial year in accordance with the requirements of Settions 394
and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statements. so far as applicable to the charitable company
These financial statements have been prepared in accordance with the provislons applicable
to charitable companies subjert to the small companies regime.
The Financial Statements were approved bythe Board of Trustees and authorised for issue
on 23 February 2026 and were si8ned on rts behalf by:
Mrs Susan Ann Eagle
Trustee
Page 11 of 17

Company ReElStration Number 02178410
Re8lStered Charity 297985
MANGREEN TRUST
Notes to the Financial Statements
For the year ended 31 December 2025
l Accounting Policies
Basis of preparation of the financial statements
The Financial Statements of the charitable company, which is a public benefit entity under
FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting
and Reportin8 by Charities.. Statement of Recommended Practice applicable to charities
preparin8 their accounts in accordance with the Financial Reporting standard applicable in
the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. The Financial
statements have been prepared under the historic cost convention as modified by the
revaluation of land and buildings and cert3in financial instruments measured at fair value in
accordance with the accounting policies.
Income
Income is recognised in the Statement of Financial Activities once the charity has entitlement
to the funds, it is probable thatthe income will be received and the arnount can be measured
reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or contractual obligation
committing the charity to that expenditure.
Tangible fixed assets
Tangible fixed assets. other than freehold land. are stated at C05t or valuation less
depreciation and any provision for impairment. Depreciation is provided at rates. calculated
to write off the cost or valuation of fixed assets, less their estimated residual value. over their
expected useful lives on the following basis..
Freehold Buildings
Building Improvements
Plant and office equipment
House contents
Nil
15% reducing balance
15% reducing balance
15% reducin8 balance
15% reducin8 balance
7.5% reducing balance
GMLC and Candle Chapel
New Orchard Room
Page 12 of 17

Company Registration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Notes to the Financial Statements (continued)
For the year ended 31 December 2025
Fixed Asset investments
In February 2014. Messrs Irelands (chartered surveyors and valuersl prepared an informal
valuation of thecurrent market value of thefreehold propertywhich was donated totheTrust
in 1987, at no cost. on formation of the Trust. under deeds of Gift together with subsequent
building costs of the Global Meditation Light Centre and the rebuilt Orchard Ri)om. In their
opinion the market value was £l,LYN).CW for the building and the 8rounds. The Trustees
consider the valuation given by Messrs Irelands of £l,l)00.cMxI to be a fair value.
Taxation
The charity is exempt from corporation tax on its charttable activities.
Fund accountSng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion
of the Trustees.
Restricted funds can only be used for particular purposes Wtthin the objetts of the charity, as
specified by the donor or when raised for a particular purpose.
2 Operating profft 1110551
2025
2024
The operating profit / Ilossl is stated after charging:
Depreciation of tan8ible r￿ed assets
10,215
11,140
3 Employees
The average number of employees duringthe year was I12024= 11
No employee received emoluments in excess of £60.0(MI
The remuneration paid to a Dirertor during the year was £nil 12024- £31,332)
4 Trustees
There were no Trustees. remuneration paid for the year ended 31 December 2025 or
for the year ended 31" December 2024.
There were no Trustees, expenses paid for the year ended 3151 December 2025 or for
the year ended 31" December 2024.
5 Financial Commitments
Capital Commitments at 31 December 2025 were nil {2024: nil).
Page 13 of 17

Company Re8lStration Number 02178410
Re8iStered Charity 297985
MANGREEN TRUST
Notes to the Financial Statements (continued)
For the year ended 31 December 2025
6 Tanglble flxed assets
Freehold Property
Mangreen Hall - Land and Buildings as acquired on formation of the
Trust at no cost
Valuation as at 31" December 2024
£k
I,cx)o,000
New Office
Plant.
Fixtures aDd Offlce and
Grounds
Shop
Equipment
House
Contents
GMLC
and
Candle
Chapel
New
Orchard
Room
TOTAL
Cost or valuation
As at l January
2025
164,545
39.266
13.5
21.878 117,617
356,896
Transfer from
subsidiary company
Disposals in year
As at 310ecember
20,595
2.641
23,236
185.140
41.907
13,59)
21,878 117,617
380,132
2025
Depreclatlon
As at l January
2025
136.386
16,320
I3.5￿ '
20.373
94,726
280,395
Charge for the year
As at 31 December
2025
4,224
140.610
4.048
20.368
226
1,717
96,443
10,215
291.610
13,590
20,599
Net book value5
C105ing balance as
at 31 December
44,530
21.539
1.279
21,174
88,522
2025
Closing balance as
at 31 December
2024
28,159
22.946
1,$05
22,891
75,501
Page 14 of 17

Company Registration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Notes to the Financial Statements (continued)
For the year ended 31 December 2025
Debtors: amount5 falling due wlthin one year
2025
2024
Trade Debtors
Prepayments and Accrued Income
1,327
279
1,606
Creditors: amounts falllng due within one year
2025
2024
Trade Creditors and Accruals
PAYE and other payroll taxes
VAT re Mangreen Country House Retreats Ltd
Wages and Salaries
7.921
8.088
4,245
1.488
13,654
10.536
Long Term Debtor
In 2019, the parent company Mangreen Trust provided Man8reen Country House Retreats
Ltd with an interest free loan of £84k to finance the refurbishment of the Country House. In
return for this, Man8reen Trust Country House Retreats Ltd undertook the maintenance and
management of the site. The outstanding balance of £44,CKM) has been offset against other
intercompany balances.
Debtor: amounts fallin8 due after one year
2025
2024
Amounts owed to parent companv
Page 15 of17

Company Registration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Notes to the Financial Statements (continued)
For the year ended 31 December 2025
io
Profit and Loss Account
2025
2024
Balance at the start of the year
Profit / {Lossl for the year
Transfer of assets and liabilities of Mangreen
Country House Retreats Ltd- see note 11
1.085,740 1,119,616
(33,876
39,134
Balance at the end of the year
1.124,880 1,085,740
li
Transfer of Assets and Liabilities of Mangreen Country House Retreats Ltd
As a consequence of the decision to end the operational activities of its subsidiary and close
the company, the following assets and liabilities were transferred to Mangreen Trust at 31"
December 2025. At the same time intercompany balances and loan5 were eliminated.
Tangible Fixed As5et3- net book value
Current Assets
Accruals
VAT owing
Elimination of intercompany balance
Elimination of intercompany loan
£23.236
£3.596
£(7.3891
£14,245)
£67,936
£144,OCx)I
£39,134
Page 16 of 17

Company Registration Number 02178410
Registered Charity 297985
MANGREEN TRUST
Notes to the Financial Statement5 (continued)
For the year ended 31 December 2025
12
Employment Costs
The average number of staff employed and financed by the Trust during the year to 31"
December 2024 was I full time12023: 1 full time). Other employment costs were rechar8ed
as appropriate.
2025
2024
Employment Costs: Wages and Salaries. National Insurance.
Trust pension costs
Total Employment Costs
39,994
34,397
39,994
34,397
13
Commitments
Commitments to long term leases as at 31 December 2025 were nil12024: nil)
14
Ultlmate Owner and Related Party transartions
The Trust continued to support its wholly owned subsidiary Man8reen Country House
Retreats Ltd throu8hout the year.
The future plans are outlined in Note 11 above.
Page 17 of 17