Charlty R•gl•trallon No. 300105 THE CHILD BEALE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024
THE CHILD BEALE TRUST LEGAL AND ADMINISTRATIVE INFORMATION J. Bryce D.Ca . C8rvdl J. ChNty S HarKIy (hppc4nl&J 01 AwJu312024) Charlty numb•r 300105 Rlchardsons 30 Uppw Hlgh Street Thame Oxfordshlre OX9 3EZ nkvf8 HSBC F4c 2 Th8 Squ8ro Pangboumo Borkshir• RG8 7AH Sollclior8 Wuls Chandler 76 Bwnty Ro&1 BangStOke Harnp8hk RG2133Z Invostmènt ¥1*or$ Rathlx)nes 8 Fnsbury arcus London EC2M 7hZ
THE CHILD BEALE TRUST CONTEKrs P•g• Tn08. rnport Indep•nd¢nt audltoffs T8rt Ststsment offinala1 10 Sl•tsrnenl of IIow7 Note8 to the finA stslpments 12-24
THE CHILD BEALE TRUST TRUSTEE8' REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 truste¢$ prg8ent thelr port and fift8rla1 statsrnonts ftythe year ended 31 Odober 2024. Th8 financial stOtement$ have been prepared in a¢danc0 1h tho aCUnrj pol19¥ set noto 1 of Ihe flnanclal statèmènts cnmpIyth the tharW8 Tru¥t Deed. the Charfl Act 2011. and'AeeaunllrwJ and Rtrportlw by Charhl8s: Stat•rn8nt of Rocunrnènd8d Practic8 appra? to tha1$ preparlro thelr accounts in accLYdre wlth the FinandÈl RepDrdng Standard ?pplK8ble in ts UK aThJ RepubliG of Ireland (FRS 102) leffectNe 1 Jonuary 2019}." ObJecllv•s anrl 1vItIeS The oblectiveB oll1 ChlKI Beale Truat remaln thé pro50n and m8intenanc6 of a kwblk park, offertng an educational facllty for those Interèstsd ITr wikllrfe and plants. whlk also Sag as a recreational $pa¢o for th• gngral publlG. Tho land In Berkahlro and hes develDwI Bealg btylldllts Pork to luNII th•sa obJective#. Th• trusts98 nfi tIt they have refgrrgd to the gwklan In thè Charfty clTSon'1 general guidarw on Publ b8nofit vthÉn rsvlevlry tho TrusV$ glm8 and obJ8ckn# trKI in planNng fijrg aclNi11o8 and deveh)Fmenls. The trLthB have paid due regard to this gukgan¢g in deddlng the carlty'8 aCtfve$. To Èehl&vg ourcharit&blè otyg¢tiVO8. Beale Imlthife Park serves as thè wre hub fof romlkjn. a park for the peop, ConSeNati and education. Th8 park feaiures a E1fvers8 ¢olbLlon of8nlmab, eng&aing play areas. extsl¥e gardens, walks. J8kès, ¥nd woodlarKI. providing a haven fr)r both p8cple and vAldllf8. Mongslda thls. our cation 8nd consèrvation programmos ujntinue to expaThJ. ra8¢hlng new oudfenc98 Incre8slng ang8gem•nl ¥¥lth nabjrn and wildlfo. Tha Child Bea Trust contlnu&s to pL8y an acova rol& In ccnfieoft. both withln tr PBrk 8rMI 8cmss the wder e8tste. Anlm81 Consealknn end Breeding A6 a Ncens8d momberof BIAZA13rfJsh Ifish Z) ond Aquarium A8xKyationl, Beale WlkllW8 Park uphold5 th8 Ngh$¥t ¥rdS in animal w9tf8re. CsSrvan. ArKI 8ducaUon. Thi$ yoar, we have ¥9gn notst48 Success In our br88dlThJ prograrnTh8, IndJolNJ'. BlnturoThJ Scotll$h Mldcat nTalled Lemur AddN)n8Jly. we ¢tinue to house and support a ran of8¢198. 80rn0 of %thl¢h are rartly aeen In UK zoo3, ¢bJdkng Chaeoan Mar4 Guan8¢ Rufw$ Venbj Laughlng Thrush. 8nd T#yrB. CotatIon 88yond tlw Zoo BeY¢d th• ¥dmal Iha Trtmt is cormiltted to ¢onsorvaUon trthllvss across the ldèrèstsle. hdudlnu.. PaffU*aih)n In the Nallwol Domhyjse MonMorttYJ Programm•, wilh ¢onl'nued SLWS in boostlrKJ Hazel DooUSe populaticns wfthln our è5tste. L¢ThJ.tsm) partnership vAth thé Natal Blosenr• Resewch Infrastrudur• fortraddng migrnlon pattams. SUFFOrtlry rJlmat• change re8earch. Confjnuod managernent of40 8¢re8 of arable land under the Cn1d Stew8Tdshlp 8ther7 to provlde yew4ouThd $upport forwild blrd3 and pollnatorn. Installalton #nd nItOr1rj ofAmerfcan MI( Trnps as part ol efforts to reintrcKlwo Wat•rVolgs In rggion. Th060 Iav¥S rtlnforca ourixthmltrnent to protecllng both natlve and ghJb81 bkndlverslty thNgh dlr4ct education. arwj advocaw.
THE CHILD BEALE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Eduutkni Erbc4tion romain8 a cwnetstclw ofthè Trust's charflabl• mwion, vAlh a focus on ¥¢horl 81t8, hands-on tganthn9 expeiignc49, and tmblk engagement. Thls yOAr. wé have en strong ¥ttendarKe In oUr•ju1k)n ogramm•s. vthlch Includg". Kèy lAoe wvrtshops and $ehog1 visits ted to Iho nalonal currlculum. Dalty keeper tslk3 and Intertr animal gxporknnc•s, deeper in81ght ¢ttOn th4llore8S. EXPad parbJer6Nps wlth £¢h¢(Is and charttl68 to proJo educatk)nal vl¥Ks t> un(lernerved JnNnunlUes. Natyre Tots s910 foryoung chlldren, fttstorin9 gBrfyengagoment wlth wildlifo. W8 aré pr to h8v6 Incrnased a¢¢ibIlIty to our educattcmal offeTiry. provKling schsshOps for Pupll Premlurn chIld to attand our Zoo Club programmÈ$ •nd welcomlThJ from 4¥ Md(e a Wlsh. MuBlard Tree. and Young Carers to 6XPorfence the p8J frea of charge. Thls yoar has 8¥gn tho GlE[nUed 8uwo$8 orour new, larger Educ8tkM Centr8. which Off both indoor and ouldoty chsBroom spaS. 8U(Jwrng to h06t lawergroup¥ dellver a wid8rrdrrfJ¢ offorn)a arwj infonralloamlng exporiW¢O5. VknllorEngapmont •nd P•rformanc• This year. Beale Wlldlifo Park has aePy8ved record-broaklng 0rAUMberS. e ts9tsnwnl to th8 gue4 offcr IMprod visliorexp$rfon¢g and rnarketlng 8ffort8. K•y htghlights Includè: Stru)90$1 vl¥ltor nLtmbers In the pa.8 hlstory. r•ff*tsng the lrnpact of •nh8n¢8d offng$ and erygemeTrt. SignifKxnt grovAh In S41 rn•dl4 reath and dlgkAJ angagèmrt expandlff4 wraudi8nce aThJ d•8p8ning vi¥ibr connecttons. A lull y•aT of ruming our in-hou60 caf&, th¥ Wibj latthgn, whh slrong performance In reven end stom•rs8ti8tth. Our nvw Tha011ng strat8gy hag Yed a key rote tr) th989 athlevemerts, vAth tÉryeted digkal canwign$ drlviTrJ Incr•asèd ar•no8$ and vishatlon. Thè launch of our now websTriè has also Dded Èn ImpFDv•d attorm vismor lnfomiaU. Il¢kgllng. and odvcattonal re8our. Whll• thè eeonomi¢ Cmate remalns chalknglng. oUrf0 on dabvtrfng valu& engagln9 werfence8, and c4mmunttyacce58 InItte3 has h•lwd malrrtaln stroiw att•nd#nce ¥nd findl su8tainabilty.
THE CHILD BEALE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Fln•n¢ll Y•¥1 Th• Trustees. finaneial aim15 to ensure Ihat Iho ehaty malntalns Strty)g fflnandal whll8 r8lnvestlng In the par8 d¢v¢lopThnt. Irm0 from 4dml8fAcTh. membershSp. café g81•s continuas to be th• pn'mary swrr• of revenue. Rgntsl inc4Jme from woltieS xfHI t1¥nOI Joa808 ffidos addSUonal ffn#ndo18fablThty. Ongtha ¥t controfs and effery ImpTovements hav# supported Bustglnable 9roYrth. Tho Tru8tee8 remeln ccfflmtted to rnaintainlng È healthy re8eNes wlw. ensuring Ihat tho charlty can rn88t oparath)nal and Irwe81 In future Improvèments. Fund8 are maiwg8d In accordance 1 the Trusfs Invastrnènl polw. bal8nclro IKutdty. ri8k Manag( kntorm sustalnabl& growth. Rlsk mAn•M¢t The Trusts6s have 8 comwehen8fv6 rfsk mAn8gmnt strategy. I[ding. A detslkd regL%ter Tegularfy r8Vtawèd #nd updalad. EMorya 18spon and Lwtirvaery an9 to mttlo8te owalknal risb. A strong fc¢u¥ on Hoalth & Safety. gnsurfng Ihe wgllthbw of both vishors staff. Thè finarKwl stsblllty ofthe TrLtst rèmaln$ a key focus. V+lth ongoing InN0ng of market cijTrJbtlons operatlonal costs to ansure reslllencè a9811t extemal economlc prèssurts. for FUrn P•rf•d• LcJking ahead, the Tru$taaS 8ro (aynmltted to conllnuing Invastrnent in th8 P8rk's 1&s. arum81 haNtats, and visitor experience. in alignment with ourchwtsble 0eetO$. forthe comln9 yeaT Indude.. Furthor SmpTovgrngnts to sitor engagoment. hrjudlng expanrt u9t)n81 progrnmrnww and Internctive Corrtfnved d•vdoprn•nt of &)¥rya110n Inll&gOve$. wrth a tKus on Irw88slrrfJ bhxlvorsty 8rwJ ¢xpandirvJ P8rtner8hlps. Ongcing infrastructure proleGls. •n$uring that Bea]8 Wlldllfa Park remalns 8 hIgh-quty destinatlon br èdue•tion, conserv8Yon. Ind rKreation. An excn •ststè land reSiat1[ proiact. whKh wll focu8 M Impn9 8¢Xe88 and anjoyThent forth& as w911 as blodNeNty and restorN)g key ar88s of lh8 estate. ThL8 pro ts mosoy fijndad by M8nd the Gap. alkming us to tsndèrtake slanthcant onvtrornrnentsl Improvgments whlle stngIanIng our cornrthant gen spow fw thè pubk, LMMs8rv•tion and su5talnoblè managemènt. Th•58 inllalves 11 be guldad by caftfvl ffinandal F48Mlry a contlnued foeJJs on deiwng maT•bIe Impact acT085 011 ar8ag ofth• tharitys work.
THE CHILD BEALE TRUST TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Structur•. oo¥•rn#n¢e and rn•nag•m•ni The thartty 0)nsd a8 Tru8tses and Its wv8mirvJ Is Its Tntst D8•d. dat•J 14th August 1956. The tru8teeB wfv) a•1 dllft year and up to Ihe dat8 ofsion4lure of the Ilnanclel statn•nts wpre: D. Maloney (Re61gnBd 311)K4mber2024) M. C8NèII J. Bryce J. Chttty S Handy {ApronbJ 01 Augusl 2024) Tnth¥ ¥elected and Inled to Soln th• 8oarf ofTte0S by gyJgUrYJ TrB and the apwlnknwnt of Tte0& Is ve9ted with lh¥ Tru¥tegB. The [d ofT¥s, whlth In¢lud•s dl TN8tet8. admlnktsrs tho ¢h8rty. Thè board meets on a regular basls. at 81ftyjrtirne¥ a ypar. The CEO has the reswjnsibility of maroglng the day to of Chgrfty. Totsciltste efforltvo opgrations, the Tru8tegs delte auLhority for OpetIonal matlern, hdudtng finanL% and •mk4trJThènt to thè CEO. New TnJ8tees undenJo thentatim to brief them on the legal obligallor under tharity and compBny law, Ihe contant of( Tntsl Deed, Ihe comrn5ttee and deLl$h)n-maklng PYDcesse8, the plan and recenl flnartclaj rfamWè oflh8 tharity. TnJstae• trè ènewraged to attend appmpriatè •xtgmal training evants whern the8e wtll faaltatè th8 urthrtaking rlthqlr rc40. stst•m•nt of tnMt•••' r•¥pgn•lbllltl•• The trustees aro r8$ks1b for preparing the Trustses, Ropjrt #nd Ihg financ1 statomertts in atror(%arKe wNh gwlcpblg IBwand Unllsl TrQngdom Accounting Stsndards (United lfjngdom G8n&rknpted kcounlftg PractKe). Th• L8w 8F¥4b10 charllle9 In EtwlaThl and Walèa Iho It•S to pbp8r¥ financial Alomants for each ffnandal year whlth 91 a tsue and falrvlew ofthe stat8 of oftho th8rty 8nd of thè Incomlng resrljrces and applir8lM Ofr&wUT of the charity for th8t year. In weparfng the8e fina 6Wgm¢nts, lh6 tru8tees are requlred tr.. Edect SUItab a0tINj poNdg8 and then apY them (xffigIsty'. obs&Na the m8lhtyl¥ and pmBipf68 in the Charities SORP. makèludgèmgnts and esurnaies that are rea80b and pwdenl.. state thlher applS¢able accountiru standards have been followèd. su*ctto any mat8rf81 depathrB5 disdos8(l and explained in Ihe financlal statern8nlB.' and Prepare th¢ finanLyaJ 8tatements on the going con¢Yrn bas18 unles8 tl18 InaFTJroprfats to pre8umo that the d1artyW rxmllnua In opw811on. Tho lrnst¢¢$ ore r85FrfThlble for keeFlng sufficTrI aGLxJunllrvJ record8 that dck&s wlh M90nablB auxra¢y •1 •ny Ilrne the flnandal posluon of th¢ charity ar enab them to en5ur• that th8 flnantial statements c(fftpty wSth th• Ch4rftl8s A¢t 2011, tho Charity (Ac1 and Roportsl RegUlafjcs 2008 provisiong ofth& Irust da8d. They are also responslbla for iatsguarding the assets ofthe thority ?nd h•ncofDr t8kirNJ re8sonable steps forthe PTevention and detect]r (A fraud and other Irr8gularftles.
THE CHILD BEALE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Dhc105ur• of InfDrrnatloD to audftor Each ofthe Injstees has confirned that th•r8 Is m Inforrnallon of ¥fftl¢h they ate awar8 wNc* 1$ relevant to thè audi( bjt of whl¢h the audAor IB unawgra. Thtry have further confirmed that they havo taken approprlato Steps to Identify ¥uth relevant inform811on arKI to e$tabfish that thg audMor18 aware of SLtch Inlom1aOon. sto•9' roportwas approveAI ty th$ Bo8 of Twstses. D.Ca TnJst80 Dated.. Xl<tr
THE CHILD BEALE TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE CHILD BEALE TRUST Oplnlon We have audited the finand41 statenTr ol ThB Chlld Beofe Trwt (th•'ch#rttyl lorthe yearffided 31 Octob¢T 2024 whlch ccthprise tho statement of financl81 actties. the balance Sheet, thè stat•m8nt of cash flows and tho notes to tha finanaal statoments, induding a Summary ol 81gnrfrant ac¢ountlng policw. The finonc481 rBrth+ng (ramrk Ihathas b8•n gpplied in theirprep8r•tion is applKabl& lawand United Klngdom AcnIing Stanflarts. Induding FRS 102 The Flnancial Rtrphting Slandard appllcablg In the UK and RUblIC Ireland {Unttéd Kingdcffi Genor81 Acc8ptd Ae¢ountiivJ Practi(l. In our cynlon. th• lÈnan¢ial stalements: 8 true and fall vhw of the 8tste of tm ¢harfty8 affalt8 as at 31 O¢totr 2024 and of it8 ino)mlng resources And •pplle8tlon of rnsourcas, fc the year tPth ded,. have been Fweity wBpared In acLrdance wi¢h Uniteil Kingd 13enerally Aceèptsd Accounflrwj Pr8ee; and havo baon prepwod In acC(dOn(8 wlh the requlromants of tha Charities Aet 2011. Basi$ foroplnk>n W¢ a)nducted ouraudtt In accord#r Intem81ional Standwds on Audltlng IUKI IISAS IUKII apF4leable law. Ow TeBponslbniti&s undgr those standards are further descdbed in the Audltorfs rnsponsibllit'es for tha 8(KJit of thg flnandAI ststomgnts 8econ of our rgpNI. We am Indapendenl of tho thsrity in BccrKdanc• wth the ethic81 requlrements thatara rdevantto ouraudm ollhe Iln&nclal 8tatem&nts kn the UK, including the FRC'6 Ethlcal Standard, and we havg fvlfilled our other •thlcal wpjwbllttles in 4cccfilance wmh th•s• réwiroments. Wa bglleve Ihat the •udlt evidence we have obtsingd IB suflldent and 8PFxuprkn to proyldo e be3 for ourcOnbn. Conclusloni rUng to golng eon¢•m In a¥JdlUNJ finan¢ial8tatements. h4vewnc4uded thattho trustees. useofthe gLlng ¢¢)nrAm basfs olx¢tsyJntlng In lh¥ preparatkn oflhe flnandal slatsment818 apprnwriate. Bas•d on thg worfK w8 have perfomiad. we ha not Idontffie(t at)y vncertdntles rolathg to events or rtsdilions that, Individual or ¢dlective. may cast 5ignifKant doubt on thg drffy.8 abtlty to conllnue as a wlng L#)rThm frx a Forfod Olat10¥5tfr1va month¥ from when the flnan¢W 8tatements ara ètsthed for Issup. re¥IbIlIte0 and the r•¥pJn8ibHlls of th• trust•g$wlth Iw8ot to goirs concem ar0dribed in tho rn18v)t 8èCthJns ofthls rèwt. Oth•r Inlorniatlon Thè ather Infonnalkjn compri¥es Ihe Informallon Includod in the annLfdl rEPOrtotherthan th8 flnandal tom•nts our auditols rnp¢xt th•roon. The tNstoo$ arg re8ponBlbl8 for thfr ¢lher Infonn8don. Ojr oplnlon on the fin8TKlal $tatsrn•nts doès not cover tha olhw inform81ion and we do not expre59 any fern tsf as¥uranco Cordusn there. In connecuon ¥hth our#udit ofthefinandal slalwnents, ourrnspoffaibrllty is to read th• ollwlnfonnaocffl and. In dolng 80. con•T 4thther th8 othw Infommllon Is materlauy knwnslst8nl Tth the finbnd81 $tatsments or kTredge btsingd In the audit or 0thgrM8e app8arn to be mÈteTio1ty mi83tate(J. If we id8ntify such matsrial ingJn$lst•rK48$ or appor& materiol misstslemenls, we ar8 r8qulred to dotermlne whelher there Is a mal4rf81 mlsslat•mtnt in the firan¢iAI ststrnents or a moteriol 18Staternent of thè olhar Infornnabcffl. 11. base¢J on the work hav8 perform•d. TNe rlde that th8r• Is a material misststsment of this other 1nfonnal1, wg requlreil to rgwt thatfact. We hav• txjthlng to rwt r8gaftl.
THE CHILD BEALE TRUST INDEPENDEKf AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE CHILD BEALE TRUST Mtt•r5 on whleh w• ar• requlred to mport by eXPtIon Wo havo nothlng to report In respect oftr)8 f0lbn8 matters In to tho Charhkn Ikcounts and Rey)rts) Rtsgu18tbn$ 2008 requlre us to Mport to you W, In ojroplnlon.. Ihg informall0ngen hthgfinanckql 8talemonl¥ InLx>nBl8tertln any rnspectwlththo trustg93' TeporL or eUffint act0&nO rT¥ have not baw kopt.. or the flnaneLql ststsments are not In 8grèomentilh th8 oc¢ounting reco$., OT have not all the Information and aXpknatio we requlre IOT ouraudfL R•$polts1lltleB oltru•t A4 explained more fijlly in thg ststement of tru$tMs' JvsponslblllUe6, the trusle•8 Ire r66b trthe preperatlon of tho Ilnanew $taiem¢nts and for Ing thet they gfvg 4 true and faw vtew, and for suth Intsm81 contrd as ¢h• Iru8tees detenrin8 is n•cwory lo enabl8 th• pparat)n of finAnoal ¥tgm¥nts arw free from nmtertal mlsslatem8nL vrtth¢rdue to fraud or arrty. In preparlng fida1 statèments, tho 1rnste rasp18 for assessing Ihe chariws abilty to ttlnllnue as 8 llng concem. di8do5ing, as aPlIab[0, mott8ts related to golng eoncgfn and uslng thg gGqn9 concam b8St¥ o 8eeourfr4 unloBs tho trusts•s githw Irthnd to cea8e opgr¥JryB. or have no rBallslc ÈR•Thtive blrt to do w. Audltorfs r•spon¥lbllltlg¥ ft¥r th• audll of th• flnGl 8tat•rneThts Wo h8v8 apOnt•Y a8 auditty vnder sectlon 144 of tho Char11$8 Acl 2011 ond raport in accordanca th the Ad and relevant regulations madg or having effact thèr•Jndw. otfj¢rves are to cètaln r8asonabl¢ a¥SUran atx)utvth•thw tho Ilnanclal ststwnenl¥ as a are fr00 from mat•rlal mls8tatemertt, whelhor t5ue to fraud or $rror. ard to 168ue an auditotrs repxl that h)e1J8 OUT op1n1. Reasonable assLpxn¢e i¥ a hpjh level of assuran¢8 bthis not a guarantop that an au(llt cx)nduct•d In aCcOrdar wlth ISA5 IUKI will awls d8tocl a matèrial mlsstatoment (( Sts. Misstat•m•nts ¢&n arise from fraud or èrror and aro con81dered m8t•rfal If. hdfvidually or in th8 aggregats, th•y could rga¥onvl)ty bo exp8Cte<l to Muanca thè onomic do95n¥ ol u58r8 laken on thg b851¥ of these finencl81 slAtoments. A fvrther da8crfptTon of our rgspon8lNIUe8 for Budrt of the financlal statements is k)catgd un the Fln8nc R8pJrtino Cwnul'¥ b$It8 at.. ht..Il.frC.org.k1arJ1t0rs1•s1lts1ItI&s. Thls d•serfption forms part of our 4udltof8 r&wl. Oth•r rnatt•rn Yojr att8ntlon la drawn to the fact that th• tharity has FKwared fjnanclal 8tatemerts in accordance th.AffUnti9 arKt RerI[ng by Charftlos.. atèmènt of Rocommèndad Pr3ctlce aWkbla to ¢harTtses preparirvJ thwr accounts tn aciordanca with th¥ Fkn8nckql Reporbng Stond#rd 8pplicabl• in th• UK and Republc ol Ir91gnd {FRS 102r 148 amend) In preferen to the AcoJunbryJ arKJ Repothng by Ch8hIè8: Ststement of R0Mmended Praclco iswed on 1 WI 20C6 whl¢h Is referred to In the extant regu)n3 bul has now been vAthdrawn. Thi8 has been done in for the financk statsments to • tru• a] far vi•v In accordance vAth GènerauyAptsd P11¢.
THE CHILD BEALE TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE CHILD BEALE TRUST Uaa ofour rwrt Tl¥s report Is made solely to the tw$t, •s o body, In accordanco th part 4 of the Clwltlas IAccounts and R8POrts) Règulation8 211)8. Our audll work has been und8rtakan so that we might statè io Ihg tharftys trustO9S th089 matters we a requir•d to state to thern in an aEKltt()rs' report aThl for no othèr pu088. To th8 full8st extent pern1tt by law. do notaccept oragsum¢ re8pon5iblityto anyone otsrthan Ih&charfty and the c*arity's trusio9S 8S 8 body. forour auditwryk. forthls rewl. orf4Y th• we have fomMI, Rkhard$on• 2j/07.1.ioir Chart•r•d Ae¢ount•Ats Statutory Audltor 30 Upper Hlgh Strn8t Thame Oxford¥hir¢ OX9 3EZ Rkhard8ons is ellglble lor appolntmgnt as audltor of the th8rlty by 01 Its elwJiblltybraFP)intMIs authtor rl a comp8ny und¢r of $tIon 1212 of the C¢Ynpanles Act 2C¥)6.
THE CHILD BEALE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024 Unr•4trlct•d R•strl¢t•d fun¢k funds 2024 2024 Tofal Um?strlcl•d R•strf¢l•d fund• funds 2023 2023 Totsl 2024 2023 Income and wm•nts frorn: Oonatlons and10garle$ Charitable 8CtMties Inve3trnents other Incomè Cemmvwl tr8din9 36,195 1.593.383 36.195 41,629 1.593.383 1.634.f46 82,260 69,724 12fj.507 95,651 8,557 283.143 41.629 1.634,848 e9,n4 9S.651 283,143 128.507 608.557 Totsl IncLf 2.446,902 2.448.9)2 2,124.793 2.124,793 itur• o Ralsing funds Commercial trading 150,296 498.166 tSO,296 496.166 102,238 2rJ.809 102.238 223,809 1,901.727 17,OLKJ 1.918.727 1.704.739 17.0 1.721.739 Total r•sourc •xp•nd•d 2.550.189 17,000 2,567.189 2,030,786 17,(#)O 2.047,786 Net oalns1{106sasl on Irwestsnes 11 217.918 217.916 1118,9291 1118,929) 14tt (outgolngyln¢omlnq rn¥ourc•B 114.629 117.000) 97.629 124,922) {17.0tr)) {41.V221 Othw r•Gognl8•d galms #nd lo••e8 Rovaluaoon oftsn9lb ed assets N•t mty4•m•nt In tund* 114.629 {17,000) 97.629 124.9221 I17,0) (41,9221 Fund balartces at 1 Navember2023 8.034,569 51,OCQ B.085.569 8.059,491 e8.cth 8.127.491 Fund balancm •t 31 Octobw 2024 8.149.198 34,OCQ 8.183.198 8.034.589 51.OJO 8.085,569 Th• stalom•nt d finana actfvlUeB Indud¢6 all gatns and106sos rartyni8ed In Ihe yw. I and expendltur• d•11 from conllnulng adlvttl&¥.
THE CHILD BEALE TRUST BALANCE SHEEr AS AT 31 OCTOBER 2024 2024 2023 Group P•ronl Group Parmt Noi0• Fix•d a11 Iniangible assets Tanglbl8 atS lThvo¥trngnt pr(pertie8 12 13 14 15 50.535 3.273210 1.680.OIX) 3.297.713 26J47 3,109.769 2.871.2 1,680.CpJO 1,,( 3.297,Y13 3,016.2C6 25.347 2,700.769 1,680.000 3,016208 8,301,458 8,138.017 7W2,820 7N22,322 Stoc Dèbtc Cath al bank and In harKI 16 17 33,573 151.683 172.220 5.515 2e8,223 117,471 38,142 92.018 802.722 5.515 357,476 391,209 932.eB2 1,016.515 Crnditors: amvunt• lallln9 du• wlthln ono y•ar 18 1475.7361 (448,9131 1440.133) (390,7621 Net cuThent assets {118,260) (57,704) 492.749 25.7S3 Total •8S•t leu wrr•nt Il•bllltl•s 8.183,198 8,080.313 8.D85.569 8.048,075 In¢om• fvnd¥ Re¥triQed IUFKIS Ictsd lu GeTal unrestrkt•d fund¥ Revaluthn t6saryo Fund rotaingd In non<kngfft8bl• suWdi8ty 51,CQO 51,L 21 7.701,938 299.375 147.885 7,746,938 299,375 7,697,700 299,375 37,494 7,897,700 299.375 8,149,198 8,046.313 8,034,569 7.997,075 8.183.198 8,080,313 8.085.%9 8,048,075 Th8 1kn9n¢lal statem&nts w•rg gpproved by the Tru on D. Carr Trust•• Tntstee -10-
THE CHILD BEALE TRUST STATEMEMf OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2024 2024 2023 Group Parènt Group Parnnt Ca•h flows from oTating aettvltl•• Cash genereted from operauons 146.848) 181.752 202.747 15.& I811n9 actl¥ltl•s Purchase of intanglbl8 8s8el Purchos6 of tangible fixed 868•ts from dt8posd oftsnglbl8 Proceeds of disposal of imi8&tment Purch888 ol thtrr investments Procesds Irorn disposal ofoth•r Investment irmrne recoNod 130,2431 (578,5571 6.473 130,2431 15552731 (25.7771 P67.5491 125,7TII 195,1411 1,667 3,747 1653.4551 1802,7241 69,724 3.747 (653.455) 1802,7241 69.724 1192,955) 129.366 1192,955) 129.366 Nèt e•¥h gen•rnt•d from Inv••tlng ac¥vltl•s ISB3.fj561 1568,84SI 13,874,3en (1.501.958) Ngt •h d In 11n0nn9 •¢tlvlt*s N•t Incr•a80 In and ¢a6h {630.W21 {385,0931 11A71,8201 (1.488,7031 Cash and cash equfv8l¥nts at beginnlNd of ygar Ca8h and cBsh equlvafents It •nd ot y•Ar 82.722 502.564 2,274,342 1.9B9.267 172.220 117,471 802,722 502,564
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 AKountlThg pollel•8 ctJ•rlty InfrffmatFoTr Thè Chlld B8810 Trugl (x)n6fj1uted by Trust8ea as • body and its goveming d¢)wnonlis it8 Trvst Deed. dat• 141h August 1956. 1.1 Ac¢gunllng ¢omiontlon Tha finaneLql slatém¥nts have been Prepared In aeerdanco Ihe chwws Tnrst D?, dated 14th August 1956, the CharltIesAc120118Th1'Aenting and Reporbng by Charili•s.. Stxtemenlof ReCJJrrM8nd Practice appllcable toehor1 PreTr9 thelrac0nts kn Olane6 wKh thg Flnencial Reporbng SIArklArd Bppllcab In the UK •nd Republ of Irelend IFRS 102) leff¢¢tiv¢ 1 January 2019}'. Th¢ ¢h is a PU1C Beneffl Entity as deflned by FRS 102. Th¥ fln•nclal Btatements have d•part8d from (Accints and R•poktsl R¢gulalkJns 2008 On to the extent required to and fair view. This dgparturg ha8 irwvfv8d fc41owlng tha Stnt of R8commondad Praekn for ch1118& FRS 102 rather than the ver8i¢)n of the Stalement of R8comrrnded PltIce whlch Is r•fOrr to In the Rewlakn but wh]ch has slncè wIthdraTr. The financSal statsments 8rÈ prepar8d In stebllThJ, Is thè ftJwAlon4 curroncy of thé eharity. Mon8twy 0[wnIS In tlwo financLryl statements are mund•d to the neare8t £. Th8 flnanclal st8tÈmènts h8ve been prepgrad rtr thg hisiorK81 cost eonvènbort. modified to indudg Ihg rgvaluation offreehdd prowrt¥es and to indud8 Inv8slrnenl proF•ths and eèrtaln finer1 bAsbum8nts al falr value. The prindpal wunl'ng polici88 adopted are Set oui b8knw. 12 Golng conc•rn At the tiffle of approvlng tho nnancl81 statemerts, the tnjstees hav8 8 r•a$on8ble expectsrfon that Ihè tharity has adeqLth resources to cCtinue In operational w$tsnc for the forese8abl6 futurè. Thlty Ihe twsts (trtinue to adoptlhe golrJ o)ncrn b981$ of 8c¢wntlng In prep8rJng the Ilnancpl 8taternts. 1.3 Charltable fvnds Unrestrictsd gèn•ro1 funds aré funds wlHch cen US in ocMrdarKo tho charfl¢blg obiocts ot Iho dAcrnthon ofthe TrusteeB. Dg¥vdrHIBd fund8 are fvndB B8106kle by ts Tru8te06 Out crf unr85tr1cl8d g8noro1 ftJnd8 for specrfkn futur PWPO8e8 or proJ8Ct8. Restricted fijnds are funds that be used for partlcJJlar wlri¢tsd purposes wrthln thg obj0th of Ihp Charty. R•strkUons •A8e Wh swclll8d by th8 dontr or wh8n funds ern ral6•d tr p8rbcular reslrfclad 1A Inuorne Inm8 18 r8ts)gni8ed when the charity 18 Fegally enliued to rt aftgr any rfOrManCe coThJition5 havg been n thé amounts can be rneasured rellably, and It Is prob•bl? that Incom& 11 be re¢dv¢d. Cash donl0S aro rnec4nlsed on rocelO. Othor dorhagonÈ 4r6 r8cognls8d onr tha drity has bo8n notlllad of lh8 (bnaliGffi. unle88 Performar eondibonB rèqulre d8ferral of the arT¥Junt Ourfng the year •nd8d 3181 Octoter 2018 ihe charity rèe•lv•d a gift of a sIgnant rdwan of model ljoats from Iho Estalg of the lorn Cholr ofTrust*4$. Rith¥rd Howard. An accurdts valuauon was not posslbl8 bul it 18 b8lleved they may in totsl bg worth £240.fy)O. The tharity wll dispose of these boats over 8 bjng period of tlma. to obtah th8 $t value in the markoL Thg Trustae¥ de1errnIn that tha pro¢ee(IB ftpm sale 11 r¢ty)9nIs as Ihey arfse and orè shown as glft8 withln Voluntery Ineom&. 12-
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR ThE YEAR ENDED 31 OCTOBER 2024 Accounllng IContlnu•dl Loga¢le$ aro regnISed on recelpt or oth8M39 If th& charlty has b••n notified of an ImpWlg dl8tributir, the armunt is kmwn, and receipt Is expeGigd. 11 Ihg amount IB not known. thè lègacy trèaled ag a eonUng•nt A88èL Grnnl8 aro 0&1$•d at tlmo of r8cipL Gvants recelved In rn5POrt of ca181 devebprrnnts 8rn set nst thg rol91 capital eypeThJlturn. No provlslon h88 been made for pcasfob duwba( of any grant WikIle Park admlssions inccffle and oiher Park acflvty Inmm8 are COgnIS6d In thè perfod In whlch thg charfty Is èntllÈd to rlpt and Is deferr¢d where rekqtes to ovonts tsft9 pce or anttuès enty to th8 Park In110 pth. Incom from Instments Is r•c4Jgnl81 cm ¥ T01¥able ba816. 1.5 Expgndlture Liabilities are rewgnlse(J 8¥ oxpenditure as soon 45 Iharg 15 a legal or constwet obllgation ¢xJmmi(ting th8 chartty to that 0XP8ndr, rt 1$ proljable that a tran9f8r or8txyM1¢ benefitg VAII rp(wired In seeMent and tha anthnt of the obligation Can b¢ m¢a3wed reliably. Expendthre rd act¢xttrtwJ for on arna16 basis and has baÈn da8BMled under hg&JlrvJ8 th81 aggTegete 811 rwt rnlatèd to tho ¢otegory. Where cost¥ ¢annot be dlrectty aitributed to parucukqr headlros thèy have bean 8llwated to actiMll•s on s basis con6i618ntwlth tho usp ol re8ources. Costs of r•i8ing lund8 ar8 Ih060 WSt8 in¢)Jrred In altractlrvJ ¥olunt8ry Inttjme. arKI cf InfVnlI0n ¢>%ts Snvofvth4 in r8i8ing the profije of th¢ Gh¥rity. They Include thè CS of commerdal trnding from the glft sh)p and rnstsurant run by the subskll&ry corTyny. Charit•blo al¥.86 induao ¢Xp9r1tur8 8880ciated wtth th8 operatk>n of the Wildfife P8rf( and Estats and Includè the diroct costs and 5UPPQrtcosts rekiung to thasa adfvltles. Gov8manc• cosls Includg th¢Jso Incurréd In tho govemance of the earlty and It8 ets and Ar• PTimari a880riated conslitutionol and stabJW rwuirtrrngnts. Supput C06ts Inde wtral ftInd8 and hav8 be8n alknc8ted trj a¢AMty eul ¢atAgorle8 on o bosLs C81$tonI wth Ihe use of resouwees. e.g.. allocallng property Costs by Iloor ar88S or p8r caplla. stsff cts by the Um? spenl and other cosls by thglr usago. 1.6 Int•ngibh flx•d amets ¢thèr than goottwlll Intangib ass•ts aequlrèd sgparately from 8 buslnoss ar9 r0rognl6ed at co¥t and 4r6 8ub8equenlty mwumd al costl888 acoJmulat8118morti¥ation and Muted impairyDenl k)&8e8. Irrtanglblo assats acqwrgJ on tYJ61rtsBS comb5n0tr¥ are reo)gniwJ separntely from qoodwlll et the 8cquLq0n dat• whwe it is probable that expected future 80[ bgn9fits that ar8 attrbutsbl? to ihe asset vlll fjow to th8 •ntity and the falr value ofthg can bg measured Idlab, the Int8i¥Jlble A$#ot Ar18 wntradual or othor1og•J 16. and the Inlanglble aet k separ from the lity. Amortisalion Is r•cts3nwl ¥0 aB to wrfte ¢)ff thg ¢OSt orvakthn ofa8sets18ss Ih¢lr reBldual valu88 over Ih•lru8èfiJl I8 ¢n lh8 fOlknng bas•¥'. Stratggy Most8rp18n 10% knjudng B•l8nc9 33% R•du¢ing Balanc 13-
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Accountlng polieios (Contlnu•d) 1.7 Tanglblo flx•d a•t$ Tangl8 fix&g assets arè knitSally nwured al Lytsl subwuenty rTwured at cJst or valu8litin. n•t of dopMcL4lknn And 8ny Impaimiont10898S. DepYeeiaI iq recogntswl a¥ to writs off the cost orvaluation ol le86 tholT rgsldugl valu OV8r th8Er fvos on the follo1r¥j bas8S: Frgghokl land and bulldlws PLqnl and equlpmènt Park Equlpment And Fadllloy Motor vv#hldo8 Stslu88 and wo& ofArt Computers 2%- Rodudng Balanl 25%- Re#Jucin9 Balance 10%- Redu¢lrtg Balan¢x 25% - R8duclrvJ Balance S%- Redrring Balance 33%- RedLn0 B•lanr Tho galn or foss arbire on tho %Yi8po8al of en 8&8et Is deteminjd ¥¥ tho difference b1 th¢ sale proeèsd$ and the carrySrvJ vabJ• of Ihè 8ss91 and 1$ recognlsad In nat InrpJm{Xpdthl fcf th& year. 1.8 Ilmont proporty Prr4Jerty, excluding that OcaJ0d by staff. that t¢omes tenanted Is raqulrèd to b# treaknj as an Inv88tment asset. Th• valup shxn in the flnanclal slatem8nts Trpresants elther (al a valuation a5 pmvlded by th? Tr{te¥ on a Tental basls to d6tèmiine m8rknl valuo or Ib) an open martet valuo 88 pmvlded by agents where Ihe prOrty Is fp8ISe of stspaTate disp09al. Where property is plac•d on the mathet for sal8 the Vuall0n Is based on the agents bast estimale ofth8 sah valua 8ubJ•cl to a d¢du¢tlcffl for PnKlence whare ihe sale ho¥ tgkgn place. 1.9 Flxod a$8•t Inv8Jtm•nts Quoted Investments arg 8tsled al market value whlch Is bas8d UkKJn the doslng rnlddla mafrtel pd¢e 8t the a¢¢ounts date as by the fund m8nogern 8nd Investment a$. Dividends and Interest are Included vthon rable. Re3li8ed gaIT at7d on disp1 of invo5knients Aro recognls8d In thé Staiwnortl of Fln8ncial whan th& sale has c4Jmpleted. Urwoallsgd and losseB on revaluaik)n at each year end are shown In the Statemont of FlnanrA81 and ddgd to Invegtrnent In tho Balance Sheet. 1.10 lrnpalrnmnt offlx•d at• Al oach reporlNJ ènd dalo. Ihgtharity rgvithv8th9 rarrying arncnts ofitstsngible assets to d¢tormi ther thèm fs any 1ndtsOn that thos• ass&ts ha sufler¢d an imwrm8nt loss. W •ny such inthrAtion &8t$, the recoverabl8 amount of tho assèt Is esumated In ordér to d•tèmlnt the oXt•nt of the impatrment loss lif 4ny). 1.11 8tgck¥ Stod(s are statsd attho loVr01 cost and •8tlmd $41ing wfca h6S o)sts to eompbts an(18ell. Cost compris8B direct mei&rfals and, Wr& 8ppIle, direct lthrcosts and those overheads Ihat h been Inojrred in bringin9 Ihg ¥ti)ck8 to their present location and Ix)ndltion. Items held for dlstribution at no or rv)rninal con$tder•tlon are me•sur•d th• low of rerAacment cost aw¥J ¢(Et. Net Tr1¥ab value is the estimat¢d $¢llinq pric¥1983 all esthmated c¢sts Df Gompkntion and ajsts lo Incurréd In mafkdlng, jelling and distribuUon. 1.12 Cash aThl Cash •qulval8nt• Cash Bnd CBsh ¢qufv8l¢nts Indudg c88h In hand, depD8its held at 11 Mth b8nks, other slx)rt-t8Trn Ilquld Investments wrth orvJinal maluriues ol thrne month¥ or and bank overdrats. Bank ov4raft3 are s)Wn vAthln bOrTng6 In eurrwt IlatiltU•s. 14-
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Aeeountln9 poll¢tg• IContInu) 1.13 FIn¢la1 In•trurn•nts The charity has deLaed b 4ppty thg ffi81¢¥ DI secti 11 '8ask Flnanc181 th¥trurynts' and Sacum 12'0thBr Flnanoal Inslrwnents 16sues' of FRS 102 to all of tts final Instrnmonts. Financial Instrum$nts are recognlsed In th• ¢haAVs balanc8 8h8•t when th8 Iaty becomes paty to the eontraciual pThiwons ofthe instrumenl. FanoI Assèts •nd lbillI18$ are offsel, wilh the net amounts pMs¢ntgd lft the final statsmnts. thern Is 189glly loTte#e rfght to set off thè re¢wlBed alTlnts and the 13 an Intenllon lo sothe on a net basi5 or to reali5e the asset and ttF8 th• k'thlity SlmuKanU4ty. B1¢ flnanclal as8•ts Bask IInancl as50ts, whlth hdudè d¢btor5 and c•sh bank balances. are Infoalty mea8wed at tran¥8ction Prico induding transadon costs 8nd are Subsu9nty carried atamortlsad ttJstusln9 th8 gffgclNa lThtwes1 method un1668 the orr&ngomenlo)n8t5tute8 a finanung transaction, vther8 th8 trnnsacton is m•asur8d at the present value of thè future receipts di8ceunted 4t a market rate of Int•rn5L Finrtal a88et6 classithd as recelvabb vAthln one ar are rKJt amrtls8d. B•8lc Ilnan¢l41 Ilablllu Baslc fina llabllMle8. Including (¥edrtorg Artd bank bans are Inmtalty recogni8ed at transa¢M price unths t arrdngernent conslhutes a flnancing transac11, whero tho dèbt in8tnwnent Is meogureil atthe Fresentvaluoof t fvtwe paymonts dlxountei1 ot a market rale of InteresL Fth8n#1 liabillties dAsslfièd as payablo thIN yeaT are Th)t amorlsed. Dèbt in¥lIumts aro 6ub8equentty oarried at amorused cost, U8inu lh& effedv• Intgrast rats methc¥J. Trade ClItorS oUtlons to pay for goods or servlces that hAVè acquired In the ordinary couts• ol L¥Jeration3 from supplier8. Arnounts p8yable Bre CsSird a5 ajrrent Ilabllthes If payinent b due vAthh) onè year or Iw. If no( thoy ar8 prosèntsd as n-UJrront liabllrtig8. Trad8 cr8ditors aro rwk8ed bnltla1sl1rnn•ection prlL aThJ subsequ8ntly mÈawrsd at amortlsed w8t usino the effec¥ve nrtertst method. D•r•cognllon of fln•nclal Ilabllltl•s Finllncial liabilities are dgrecognlsed Vlthon tho ¢hwty8 Contractu 0tionS explr• or are diicknaryad cancellèd. 1.14 Employ•• n•f c081 of any unused h£41day enllugmnt Is ro¢tyJnls&l kn tha p8rit>J In wthlch the Ye?,3 8ervKes •re rgLfv8d. Termlnalon banefits gr¢ re¢f4nlsthl Immethataty #9 an eyrtse whon th& ¢harity i¥ domon$tr•bty WMMEtt teNninats the ¢mpJoymenl ofan or to provhye tsmilnauon banèfits. 1.15 R•tlrgrn•nt ben•llts Payments to dofingd eOn rgtlrgment nefit xhgmBs are charged as expTh a3 IW fall duè. 15-
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Income from don•tion$ and *gaclBs Unrestrki•d Unr••trfthd fundg fund4 23 Ek)naUons and gth¥ GTants receivable 14,195 26.e29 15,0 36.195 41,829 Orjnts r•Golvable for cor• a¢tlvltl•s 15.000 16.1)00 In¢om• from ¢harlt4bl• actlv5tlq8 2024 2023 IMldlfrFe Parf( admLsslons C4Jme from other park adiiAtle5 1.503,836 89,547 1.468.462 166.184 1.593.383 1,834,848 Inv•Btm•nt4 Unrostrl¢t•d Unr•strfcted fund8 funds 2024 2023 82,260 f)9.724 16-
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Othèr Intn• Unrtstrlctgd Unr•slrl¢tod fund• fvnds 2024 2023 Net gain on dlsFK)S81 of langibb flxed a889ts Rents t•bla 1,667 93,984 95,651 126.507 126.507 Exp•ndliuro on rn1*19 lund• Unr•8lrlctsd Unrethcted fundl funds 2024 2023 Fundral$lng and publlclty OtherfvTrJralslng costs Inv85tment manag8mqnt 137.8¥3 12.403 90.701 11.537 102,238 Exp•ndltur• on ¢hurltable actlviti 2024 2023 645.174 151,328 227.&38 91,9e 813.038 144,955 189.290 80.962 5,837 54,610 Deprnciation and Impalmiant Mainterwica and upkaap of Park Upkaop of birdB anlmals Event costs Crgdit Bard transadon costs 54,897 1,171.001 1,088.892 Sh8T8 of support cosis Ix•è not9 81 Share ofgovwnm costs (see note 81 655.748 91.978 5SS,358 77.fj89 1,918.727 1,721.739 Analy•ls by fund Unrestrlctsd lurKJ8 Re81ricbl funds 1.W1,727 17,000 1.704.739 17,C(10 1.918.727 1,721.739 17-
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Support ¢osts SupportO(w•rnanc• ¢osts 2024 Support G¢)vgrnanc• 2023 337.112 83.984 197,087 7,236 9,906 7.080 13.343 337.112 254,050 32,4e8 230.5Q4 9.375 9,S75 8.185 11.ts 13.550 41.147 21.236 1.756 32.468 230.$04 9,375 9,575 8,165 11.223 LlghL heat and power StAtlonary prfnlhg Towione and p08tage Travel and v0hIc •xp•nsè8 W¢b t)eV9pMnI AJJdit fe83 Legal and prDfewonal SUrry Expen808 Trustee eosts 197,087 13.343 14.350 52.473 23.703 1.452 14,350 52,473 23,703 1,452 13.59) 41,147 21.236 1,756 665,748 91,978 747.726 555,358 633.047 Anaty8¢d bglwuen Ch8Eilable ac(pljeS 655.748 91,978 747,728 655.358 633.047 Govorn8nco costs Includ08 paymen18 to th6 audttorn tsf£14,35012023: £18,51) for audf(fess. None ol th• tsuslees any perdons conn¢¢t¢d wlh th•rnl rved any rem1tion from lh8 dlarlty t1urfr the year. No WAP8n888 were TelmbtY•J to any tN8ts0 duthg the year to 31 Octobèr 202412023: £nlll. TrLk8teos me8llno expenges AWted to enll (2023: £300). 10 Employ•o• The average monthtv nunber ofemployfjos durfng the yeprwas.. 2Q24 Numb•r 2023 Numlxr str Upkeep oTrJ Anlm81 Weif8rè R•stsur¥nt 21 20 Totsl 41 38 18-
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 2024 2023 Wag•s and salar4èS Social securty costs 895.540 66,872 19.674 789,938 59.204 17.946 982286 867.088 The of empkjyees 05• annual lernuneralk vms £60.000 or moro 1.. 2024 Numb¢r Numbgr £80.001 to £go.000 11 Net galngluts) on inv•strnent• UnrMtrlct•d nd¥ UnmtrlEt8d fund 2024 2023 Gainslllossvs) arising on-. Rèvalualon oflnveBtm8nts 2fj7.916 1118,9291 12 Infanglblg Ilx•d 0¥90ts T•t•l Co•t At 1 Novemb¢r 2023 Addltions At 31 October 2024 25.777 25,777 30243 30243 25.771 43 Depreclathrt and IMlMient At 1 November 2023 Amothtlon thargad in th• y At 31 O¢tobw 2024 430 430 S,055 2,520 2.965 5.485 Carrylng amount At 31 Odober 2024 22.812 25 27,723 50.535 At 31 O¢tob8r2023
THE CHILD BEALE TRUST I$TOTHE FINANCIAL STAIEMEIUS {COPrnNUEDI FOR THE YEAR ENDED 31 OCTOBER 2014 IF 11 yJ¥ iIMT4 1441¥ 174*1 411V• Zn 3mJ 417.41>
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 14 Inv1•t propqrty- Group and Ch• 2024 Falrvalu• Al l N¢)vembor 2023 Revaluth oftanglblè flx8d as88ts 1,680,000 At 31 Othber 2024 1,880,000 15 Ftx•d a•*•t Inv•stm•nts- Group and CharKy U•ted Inv•stm•nts Cash In portfg110 Cost or vxluatlon At 1 November 2023 Adéttlon8 Valuadon ehan vtrstm8nt MarweT8' BankA¢counts 1,536,11S 102.955 <224281) 1,480,Cel 3.016.206 192.955 (224281) 115,531 197.302 +b+ 115.531 Digposa15 187,302 At 31 Odober2024 1.702.091 1,VJ5.V22 3,297.713 Carrylng amount At 31 Octobw 2024 1.702.091 1,$95.822 3.297,713 At 31 October 2023 1,536,115 1.480,091 3.015.2C Th• Ch8rityolw hrjds 1 Ordinary£18har• In ttSWPv)l¢wnOd trading sub8kll8ry comwy, Bea ParkTradlng Company Lid. whlth18 Incryiratad mi the UK 16 Stock• 2024 Group Par•nt 2023 Group P•r•nt Shop Stock RoBlaurant Stock Blrdg Mnd Anlmal Molntw)on¢t 21,137 6.921 27,083 1.500 1,500 2.515 1,500 2.515 2.515 2,515 33.573 5,515 38.142 5,515 21
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 17 Do1)t( 2024 Grnup P••nt 2023 Gro Par•nt Amounts lollln9 du• wlthln gn• year Trade debtors Amounts owod by subsidiary urK18rtan9S Other debtors Prep8ymenl8 and acuu&J Incom• 6M57 6.OS7 121.123 35.408 35.408 110218 105.635 11075 12,075 417.556 77.559 76,421 151.883 288,223 92,018 $08.438 16 Cr•dltor%.' amounts lalllng du• wtthln Qng y•ar 2024 Group Par•nt 2023 Gmup ParBrrt Olh8rtxx8lion 8nd eoclBI 8euMIty Deferred IrKcrfng Trade creditors Olhar crèdittirs (wal8 27.429 25,998 162,288 1ff2.288 212,n8 189,985 6.425 3.796 66.866 66,888 30,472 164.398 148,735 9,905 86,623 19,520 164,398 113.374 6.847 47S.736 448,013 440,133 tsJ.762 19 D•f•Th•d In¢pm• 2024 lJrgUP Parnnt zorJ Group PaT•nt Otherdefert incomg 162.288 182288 184A98 164.398 20 RoJtrict•d funds The re8trithd fimds of the charlty c4)mprtse thts un•xp•nded b8lance8 of donaUon6 and granls hek1 on tF1 subject to spedlk C4)ndlUon$ by donor$ 8$ lo how ljw nw be u60d. No¥b•r •Jp•nd•d No¥•mbèr •xp•nd•rf 31 Othb•r 2024 68.0 117,OCQI 51.000 117.OCQI The resmctgd fvnl¥ fr> a totsl dongfjon of £170,0) TwESvesJ frLYn Th)[ Water for th& PU ol an ueation proj¢rl vknich was cAJmpleted in 2016 Is telng dèprnciated over a ten-year parlod.
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENOED 31 OCTOBER 2024 21 UTw•strlcted Th& unr•thct8d funds of the thaTity comprtso tha unaxpèrthd balanS Ofdal0rtS and grarts which are nol $ut4ect to srdlc condthns ty ¢r$ and grantorn as to how they rn8y b9 UBWJ. These indude designated funds 1¢h have been $e¢ o$ide otrt of unrestricted funds by th• tN¥te85 for Epedfc purpos&s. Gn• ar•J 8olnnEe at 2013 1024 Gener31 tmre3lricted funth Rgvaluation reservg Fund r8tainad in nwh¥rilable SubdIary 7.897.7? 1,838.34S P,052,0231 299.375 37.494 eo8,557 1498.186) 8.034,569 2.446.902 12.550,1891 217,916 7,701.938 299.375 147.88S 217.916 8.149.198 Pr•vlous Yoar. •t 1 Incmlng G•ln• •rd O•lnE• •t 2Q23 Gènéral unrtstrict8d funds 7.751.958 1,871.650 {1.806,977) 1118,929} 7.697.700 299,37S 299.375 8,160 253.143 {223.8091 37.494 8,059.491 2.124.793 (2,030.788> 1118.9291 8.034.569 Fund rgtalne(I In nOn<harItab s¥bsldlary 22 Alyll of not a8•ets bttweèn fund# Totsl Um•trfGt•d Rtststct fd% Total 2024 2024 2024 2023 2023 2023 Fund balanc ar• r•prosBllt•d by: Intsngibl8 fix a&88ts 50.535 Tangiblè a8s¢ts 3239.210 Investrnenl propeths 1,680.000 In¥esknents 3297.713 cnI assetsiifwb1tiO8} {118,2601 50,535 34,OW 3273,210 1,680,C 3297.713 {118260) 25.347 2.820.267 1.680.000 3.01e.206 492.749 25,347 51.000 2,871.267 1.680.000 3.016.206 492.749 8,149,198 34,000 8,183.198 8,034,569 51,(0 8.085,569 23 R•mun•ratk*n of kny manaymeAI p•rsonn•l The r•mun8r8llon of key managemenl personnd i¥ as folows. 2024 2023 Partynt Group Par•nt Oroup Key Manogemenl personn¢l 124,8Cé 124.806 130,676 130.676
THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 24 R•lat•d patytr4n8aetloM J L Brycg Umlted The charity is cthin8Ct•d to J L Farms Umited, an agdltUral ¢tsn1ran9 and rnaentQLjnY coverfng 5,000 on the 88th8hire Hampshlrfr border. J L Bryce Farrns Llrnhed has bg8n cwattn9 for Th& Child Beale Trust dn¢e M•y 2018. where J L Bryca. direclor OIJ L Bryce F8mis Limi. b8rame a Tnjsteo dTh8 Chlkl Beale Trust on 15 Seplembor2023. DuriTr4 tho year ended 31 October2024 J L Bry¢9 FaThr Limited chargèd 8orvK•¥ to Thg Chlhj Boalè fru relating to 8grkuKurd eontr•¢tlng, totalllng £12,477. 25 fA•h 9•at•d fr4m operatlon8 2024 Par•nt 2023 Group Group Par•nt sUlUs forthe year 97.tr29 3223B I4122) (T1.2561 AdIuSbn19 lor. Inv8Stmenl inccrfne recogn1 In statemgnt vf Loss on dlspcal of lang1& fLKed 38¥ets Falr value galn8 and Ictss88 on Investm Dap1atic and Impairmontof tanglble fixed asB8t8 IK2,2601 (82.2601 13.962} 1217.9181 {217,9181 179.156 151,326 I69,7) 189.7241 11,667) 11.667) 118.929 118.929 152.933 144,955 Mcwements In worklrg pItal. DecTOasedl{lnuèI In stod( Ilnueasoyd8etsè8sè Sn dobtor8 Inwsglld8cTgase) in (¥gdknr8 IrKroas0 In dof•rr•J Fneoma 4.589 12.1581 3,345 159,6651 240.213 28.147 155.4331 37,713 80.261 63,188 18,9341 (2.1101 12,110) 144.959) 144.9591 Cah g•nwMtfjd fromllabBorbgd by) operntlo 146.8461 181,752 202.747 15.256 26 AMly•l$ of ¢hang•8 In n•t funds The charSty had no dabt durtng the yoar.