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 Ba￿ngStOke Harnp8hk RG2133Z Invostmènt ￿¥1*or$ Rathlx)nes 8 Fnsbury arcus London EC2M 7hZ THE CHILD BEALE TRUST CONTEKrs P•g• Tn￿08. rnport Indep•nd¢nt audltoffs T8￿rt Ststsment offina￿la1 10 Sl•tsrnenl of IIow7 Note8 to the fin￿A￿ stslpments 12-24 THE CHILD BEALE TRUST TRUSTEE8' REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 truste¢$ prg8ent thelr ￿port and fift8r￿la1 statsrnonts ftythe year ended 31 Odober 2024. Th8 financial stOtement$ have been prepared in a¢￿danc0 ￿1h tho aC￿Un￿r￿j pol￿19¥ set noto 1 of Ihe flnanclal statèmènts cnmpIy￿th the tharW8 Tru¥t Deed. the Charfl￿ Act 2011. and'AeeaunllrwJ and Rtrportlw by Charhl8s: Stat•rn8nt of Rocunrnènd8d Practic8 appr￿a￿? to tha￿1￿$ preparlro thelr accounts in accLYd￿re 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 pro￿50n and m8intenanc6 of a kwblk park, offertng an educational facllty for those Interèstsd ITr wikllrfe and plants. whlk also Sa￿￿g as a recreational $pa¢o for th• gngral publlG. Tho land In Berkahlro and hes develDwI Bealg btylldllts Pork to luNII th•sa obJective#. Th• trusts98 ￿nfi￿ tI￿t they have refgrrgd to the gwklan￿ In thè Charfty c￿lT￿S￿on'1 general guidarw on Publ￿ b8nofit vthÉn rsvlevlry tho TrusV$ glm8 and obJ8ckn# trKI in planNng fij￿rg aclNi11o8 and deveh)Fmenls. The trLthB have paid due regard to this gukgan¢g in deddlng the c*arlty'8 aCtfv￿e$. To Èehl&vg ourcharit&blè otyg¢tiVO8. Beale Imlthife Park serves as thè wre hub fof romlkjn. a park for the peop￿, ConSeNati￿ and education. Th8 park feaiures a E1fvers8 ¢olbL*lon of8nlmab, eng&aing play areas. exts￿l¥e gardens, walks. J8kès, ¥nd woodlarKI. providing a haven fr)r both p8cple and vAldllf8. Mongslda thls. our cation 8nd consèrvation programmos ujntinue to expaThJ. ra8¢hlng new oudfenc98 Incre8slng ang8gem•nl ¥¥lth nabjrn and wildlfo. Tha Child Bea￿ Trust contlnu&s to pL8y an acova rol& In ccnfie￿￿oft. both withln tr* PBrk 8rMI 8cmss the wder e8tste. Anlm81 Conse￿alknn end Breeding A6 a Ncens8d momberof BIAZA13rfJsh Ifish Z￿) ond Aquarium A8xKyationl, Beale WlkllW8 Park uphold5 th8 Ngh$¥t ¥￿￿rdS in animal w9tf8re. C￿sSrva￿n. ArKI 8ducaUon. Thi$ yoar, we have ¥9gn notst48 Success In our br88dlThJ prograrnTh8, Ind*JolNJ'. BlnturoThJ Scotll$h Mldcat n*Talled Lemur AddN*)n8Jly. we ¢￿tinue to house and support a ran￿ of8￿¢198. 80rn0 of %thl¢h are rartly aeen In UK zoo3, ¢bJdkng Chaeoan Mar4 Guan8¢￿ Rufw$ Venbj Laughlng Thrush. 8nd T#yrB. Co￿￿tatIon 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 Do￿oUSe populaticns wfthln our è5tste. L¢ThJ.tsm) partnership vAth thé Nat￿al Blose￿nr• Resewch Infrastrudur• fortraddng migrnlon pattams. SUFFOrtlry rJlmat• change re8earch. Confjnuod managernent of40 8¢re8 of arable land under the C￿n￿￿1d￿ Stew8Tdshlp 8ther7￿ to provlde yew4ouThd $upport forwild blrd3 and pollnatorn. Installalton #nd ￿nItOr1r￿j ofAmerfcan MI￿( Trnps as part ol efforts to reintrcKlwo Wat•rVolgs In rggion. Th060 I￿￿a￿v¥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•ju￿1k)n* ogramm•s. vthlch Includg". Kèy *lAoe wvrtshops and $ehog1 visits t￿￿￿ed to Iho nalonal currlculum. Dalty keeper tslk3 and Inter￿tr￿ animal gxporknnc•s, deeper in81ght ¢￿￿￿ttOn th4llore8S. EXP￿ad parbJer6Nps wlth £¢h¢(Is and charttl68 to pro*Jo educatk)nal vl¥Ks t> un(lernerved JnNnunlUes. Natyre Tots s￿910￿ foryoung chlldren, fttstorin9 gBrfyengagoment wlth wildlifo. W8 aré pr￿￿ to h8v6 Incrnased a¢¢￿ibIlIty to our educattcmal offeTiry. provKling schs￿shOps for Pupll Premlurn chIld￿ to attand our Zoo Club programmÈ$ •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 G￿lE[nUed 8uwo$8 orour new, larger Educ8tkM Centr8. which Off￿ both indoor and ouldoty chsBroom spa￿S. 8U(Jwrng to h06t lawergroup¥ dellver a wid8rrdrrfJ¢ offorn)a arwj infonralloamlng exporiW¢O5. VknllorEngapmont •nd P•rformanc• This year. Beale Wlldlifo Park has aePy8ved record-broaklng ￿0rAUMberS. e ts9tsnwnl to th8 gue4￿ offc￿r IMpro￿d visliorexp$rfon¢g and rnarketlng 8ffort8. K•y htghlights Includè: Stru)90$1 vl¥ltor nLtmbers In the pa￿.8 hlstory. r•ff*tsng the lrnpact of •nh8n¢8d off￿ng$ and erygemeTrt. SignifKxnt grovAh In S￿41 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 Tha￿011ng 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 ￿D￿ded Èn ImpFDv•d attorm vismor lnfomiaU￿. Il¢kgllng. and odvcattonal re8our￿. Whll• thè eeonomi¢ C￿mate remalns chalknglng. oUrf0￿ on dabvtrfng valu& engagln9 werfence8, and c4mmunttyacce58 InIt￿t￿e3 has h•lwd malrrtaln stroiw att•nd#nce ¥nd fi￿nd￿l su8tainabilty. THE CHILD BEALE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Fln•n¢l*l Y•¥1 Th• Trustees. finaneial aim15 to ensure Ihat Iho ehaty malntalns Strty)g fflnandal whll8 r8lnvestlng In the par￿8 d¢v¢lopThnt. Ir￿m0 from 4dml8fAcTh. membershSp. café g81•s continuas to be th• pn'mary swrr• of revenue. Rgntsl inc4Jme from wo￿ltieS xfHI t1¥n￿OI Joa808 ffidos addSUonal ffn#ndo18fablThty. Ong￿tha ￿¥t controfs and eff￿ery ImpTovements hav# supported Bustglnable 9roYrth. Tho Tru8tee8 remeln ccfflm*tted 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￿￿( kn*torm 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 I￿nN0￿ng of market cijTrJbtlons operatlonal costs to ansure reslllencè a9811￿t extemal economlc prèssurts. for FU￿rn P•rf•d• Lc*Jking ahead, the Tru$taaS 8ro (aynmltted to conllnuing Invastrnent in th8 P8rk's ￿￿1￿&s. arum81 haNtats, and visitor experience. in alignment with ourchwtsble 0￿eet￿O$. forthe comln9 yeaT Indude.. Furthor SmpTovgrngnts to ￿sitor engagoment. hrjudlng expanrt￿ ￿u￿9t￿)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-qu￿ty destinatlon br èdue•tion, conserv8Yon. Ind rKreation. An exc￿n￿ •ststè land reSi￿at1[￿ proiact. whKh wll focu8 M Imp￿n9 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 st￿ngI￿anIng our cornrthant g￿en spow fw thè pubk, LMMs8rv•tion and su5talnoblè managemènt. Th•58 inllalves ￿11 be guldad by caftfvl ffinandal F48Mlry a contlnued foeJJs on deiwng ma￿T•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)ns￿d 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 stat*n•nts wpre: D. Maloney (Re61gnBd 311)K4mber2024) M. C8NèII J. Bryce J. Chttty S Handy {ApronbJ 01 Augusl 2024) Tnth¥ ¥elected and In￿led to Soln th• 8oarf ofT￿￿te0S by gyJgUrYJ Tr￿B and the apwlnknwnt of T￿￿te0& 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 del￿te auLhority for Ope￿tIonal 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$h)n-maklng PYDcesse8, the plan and recenl flnartclaj ￿rfamW￿è oflh8 tharity. TnJstae• trè ènewraged to attend appmpriatè •xtgmal training evants whern the8e wtll faaltatè th8 urthrtaking rlthqlr rc40. stst•m•nt of tnMt•••' r•¥pgn•lbllltl•• The trustees aro r8$k￿s1b￿ for preparing the Trustses, Ropjrt #nd Ihg financ￿1 statomertts in atror(%arKe wNh gwlcpblg IBwand Unllsl TrQngdom Accounting Stsndards (United lfjngdom G8n&r￿￿knpted kcounlftg PractKe). Th• L8w 8F¥￿4b￿10 charllle9 In EtwlaThl and Walèa Iho I￿￿t￿•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￿ a￿0￿￿tINj poNdg8 and then ap￿Y them (xffigIs￿ty'. obs&Na the m8lhtyl¥ and pmBipf68 in the Charities SORP. makèludgèmgnts and esurnaies that are rea80￿b￿ 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 suffic￿TrI aGLxJunllrvJ record8 that d￿ck&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 (Ac￿￿1￿ and Roportsl RegUlafjc￿s 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.. Xln 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 8ec*on 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 be￿3 for ourcOnbn. Conclusloni r*Ung 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 d￿rffy.8 abtlty to conllnue as a wlng L#)rThm frx a Forfod Olat10¥5tfr￿1va month¥ from when the flnan¢W 8tatements ara ètsth￿￿ed for Issup. re¥￿IbIlIt￿e0 and the r•¥pJn8ibHll*s of th• trust•g$wlth Iw8ot to goirs concem ar0d￿ribed in tho rn18v*)t 8èCthJns ofthls rèwt. Oth•r Inlorniatlon Thè ather Infonnalkjn compri¥es Ihe Informallon Includod in the annLfdl rEPOrtotherthan th8 flnandal *tom•nts our auditols rnp¢xt th•roon. The tNstoo$ 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 Cordus￿n 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 T￿th the finbnd81 $tatsments or kTr￿￿edge btsingd In the audit or 0thgrM8e app8arn to be mÈteTio1ty mi83tate(J. If we id8ntify such matsrial ingJn$lst•rK48$ or appor&* materiol misstslemenls, we ar8 r8qulred to dotermlne whelher there Is a mal4rf81 mlsslat•mtnt in the firan¢iAI stst*rnents or a moteriol ￿18Staternent of thè olhar Infornnabcffl. 11. base¢J on the work ￿ hav8 perform•d. TNe ￿r￿l￿de 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 M*tt•r5 on whleh w• ar• requlred to mport by eX￿PtIon Wo havo nothlng to report In respect oftr)8 f0lb￿n8 matters In to tho Charhkn Ikcounts and Rey)rts) Rtsgu18tbn$ 2008 requlre us to Mport to you W, In ojroplnlon.. Ihg informall0ng￿en hthgfinanckql 8talemonl¥ InLx>nBl8tertln any rnspectwlththo trustg93' TeporL or eUffi￿nt act0￿*&nO r￿T￿¥ have not baw kopt.. or the flnaneLql ststsments are not In 8grèoment*ilh th8 oc¢ounting reco￿$., OT have not all the Information and aXpknatio￿ we requlre IOT ouraudfL R•$po￿lts1lltleB oltru•t A4 explained more fijlly in thg ststement of tru$tMs' JvsponslblllUe6, the trusle•8 Ire r66￿￿b￿ 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• p￿parat￿)n of finAnoal ¥t*gm¥nts arw free from nmtertal mlsslatem8nL vrtth¢rdue to fraud or arrty. In preparlng fi￿da1 statèments, tho 1rnste￿ rasp￿￿1￿8 for assessing Ihe chariws abilty to ttlnllnue as 8 ll￿ng concem. di8do5ing, as aP￿lIab[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• fln￿G￿l 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¢r*ves 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 $rror. ard to 168ue an auditotrs repxl that h)e1￿J￿8 OUT op1n1￿. Reasonable assLpxn¢e i¥ a hpjh level of assuran¢8 bthis not a guarantop that an au(llt cx)nduct•d In aCcOrdar￿ wlth ISA5 IUKI will awls d8tocl a matèrial mlsstatoment (( ￿Sts. Misstat•m•nts ¢&n arise from fraud or èrror and aro con81dered m8t•rfal If. hdfvidually or in th8 aggregats, th•y could rga¥onvl)ty bo exp8Cte%ts Snvofvth4 in r8i8ing the profije of th¢ Gh¥rity. They Include thè C￿*S of commerdal trnding from the glft sh)p and rnstsurant run by the subskll&ry corTyny. Charit•blo al*¥￿.86 induao ¢Xp9r￿1tur8 8880ciated wtth th8 operatk>n of the Wildfife P8rf( and Estats and Includè the diroct costs and 5UPPQrtcosts rekiung to thasa adfvltles. Gov8manc• cosls Includg th¢Jso Incurréd In tho govemance of the e*arlty and It8 ￿ets and Ar• PTimari￿ a880riated conslitutionol and stabJW rwuirtrrngnts. Supput C06ts In￿de wtral ftInd￿8 and hav8 be8n alknc8ted trj a¢AMty eul ¢atAgorle8 on o bosLs C￿81$tonI wth Ihe use of resouwees. e.g.. allocallng property Costs by Iloor ar88S or p8r caplla. stsff c￿ts 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 ￿Mu￿ted impairyDenl k)&8e8. Irrtanglblo assats acqwrgJ on tYJ61rtsBS comb5n0tr￿¥ are reo)gniwJ separntely from qoodwlll et the 8cquLq￿0n dat• whwe it is probable that expected future 8￿￿0￿[￿ 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$#ot Ar1￿8 wntradual or othor1og•J ￿￿16. and the Inlanglble a￿et k separ from the ￿lity. Amortisalion Is r•cts3nwl ¥0 aB to wrfte ¢)ff thg ¢OSt orvakthn ofa8sets18ss Ih¢lr reBldual valu88 over Ih•lru8èfiJl I￿8 ¢n lh8 fOlkn￿ng bas•¥'. Stratggy Most8rp18n 10% knjudng B•l8nc9 33% R•du¢ing Balanc 13- THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMEMfs {CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Accountlng polieios (Contlnu•d) 1.7 Tanglblo flx•d a￿•t$ Tangl￿8 fix&g assets arè knitSally nwured al Lytsl subwuenty rTwured at c*Jst 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 follo1￿r¥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%- RedL￿n0 B•lanr* Tho galn or foss arbire on tho %Yi8po8al of en 8&8et Is deteminjd ¥¥ tho difference b￿*￿1 th¢ sale proeèsd$ and the carrySrvJ vabJ• of Ihè 8ss91 and 1$ recognlsad In nat InrpJm￿{*Xp￿dthl fcf th& year. 1.8 I￿￿lmont proporty Prr4Jerty, excluding that OcaJ￿0d 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 prO￿rty Is f*p8ISe of stspaTate disp09al. Where property is plac•d on the mathet for sal8 the V￿uall0n 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 ra￿￿￿ble. Re3li8ed gaIT￿ at7d on disp￿1 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 a￿t• Al oach reporlNJ ènd dalo. Ihgtharity rgvithv8th9 rarrying arnc￿nts ofitstsngible assets to d¢tormi ther thèm fs any 1ndts￿On 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 loV￿r01 cost and •8tlm*d $41ing wfca h6S o)sts to eompbts an(18ell. Cost compris8B direct mei&rfals and, W￿r& 8ppI￿le, direct lthrcosts and those overheads Ihat h been Inojrred in bringin9 Ihg ¥ti)ck8 to their present location and Ix)ndltion. Items held for dlstribution at no or rv)rninal con$tder•tlon are me•sur•d th• low of rerAac*ment cost aw¥J ¢(Et. Net Tr￿1¥ab￿ value is the estimat¢d $¢llinq pric¥1983 all esthmated c¢sts Df Gompkntion and ajsts lo Incurréd In mafkdlng, jelling and distribuUon. 1.12 Cash aThl Cash •qulval8nt• Cash Bnd CBsh ¢qufv8l¢nts Indudg c88h In hand, depD8its held at ￿11 Mth b8nks, other slx)rt-t8Trn Ilquld Investments wrth orvJinal maluriues ol thrne month¥ or and bank overdrats. Bank ov4￿raft3 are s￿)Wn vAthln bOrT￿ng6 In eurrwt IlatiltU•s. 14- THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Aeeountln9 poll¢tg• IContInu￿) 1.13 FI￿n¢la1 In•trurn•nts The charity has deLaed b 4ppty thg ffi81¢￿¥ DI secti￿ 11 '8ask Flnanc181 th¥trury￿nts' and Sacum 12'0thBr Flnanoal Inslrwnents 16sues' of FRS 102 to all of tts fin￿al Instrnmonts. Financial Instrum$nts are recognlsed In th• ¢haAVs balanc8 8h8•t when th8 I￿a￿ty becomes paty to the eontraciual pThiwons ofthe instrumenl. F￿an￿oI Assèts •nd l￿billI18$ are offsel, wilh the net amounts pMs¢ntgd lft the fi￿n￿al statsmnts. thern Is 189glly ￿loTte#￿e rfght to set off thè re¢wlBed alT￿lnts and the￿ 13 an Intenllon lo sothe on a net basi5 or to reali5e the asset and ￿ttF8 th• k'thlity SlmuKan￿U4ty. B￿1¢ 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 Subs￿u9nty 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¥lIum￿ts aro 6ub8equentty oarried at amorused cost, U8inu lh& effedv• Intgrast rats methc¥J. Trade C￿lItorS oU*tlons to pay for goods or servlces that hAVè acquired In the ordinary couts• ol L¥Jeration3 from supplier8. Arnounts p8yable Bre C￿sSir￿d 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 bnltla1￿sl1rnn•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￿ 0￿*￿tionS 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 rgL*fv8d. Termlnalon banefits gr¢ re¢f4nlsthl Immethataty #9 an eyrtse whon th& ¢harity i¥ domon$tr•bty WMMEtt￿ teNninats the ¢mpJoymenl ofan or to provhye tsmilnauon banèfits. 1.15 R•tlrgrn•nt ben•llts Payments to dofingd e￿On rgtlrgment ￿nefit xhgmBs are charged as ￿ expTh a3 IW fall duè. 15- THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Income from don•tion$ 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 Int￿n• 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*1￿9 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.$04 9,375 9,575 8,165 11.223 LlghL heat and power StAtlonary prfnlhg Towione and p08tage Travel and v0hIc￿ •xp•nsè8 W¢b t)eV￿9pM￿nI AJJdit fe83 Legal and prDfewonal SUr￿ry Expen808 Trustee eosts 197,087 13.343 14.350 52.473 23.703 1.452 14,350 52,473 23,703 1,452 13.59) 41,147 21.236 1,756 665,748 91,978 747.726 555,358 633.047 Anaty8¢d bglwuen Ch8Eilable ac(p￿ljeS 655.748 91,978 747,728 655.358 633.047 Govorn8nco costs Includ08 paymen18 to th6 audttorn tsf£14,35012023: £18,5￿1) for audf(fess. None ol th• tsuslees any perdons conn¢¢t¢d wlh th•rnl r￿￿ved any rem￿￿1￿tion from lh8 dlarlty t1urfr the year. No WAP8n888 were TelmbtY•J to any tN8ts0 duthg the year to 31 Octobèr 202412023: £nlll. TrLk8teos me8llno expenges AW￿￿ted to enll (2023: £300). 10 Employ•o• The average monthtv nunber ofemployfjos durfng the yeprwas.. 2Q24 Numb•r 2023 Numlxr str Upkeep oTrJ Anlm81 Weif8rè R•stsur¥nt 21 20 Totsl 41 38 18- THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 2024 2023 Wag•s and salar4èS Social securty costs 895.540 66,872 19.674 789,938 59.204 17.946 982286 867.088 The of empkjyees ￿05• annual lernuneralk￿ vms £60.000 or moro ￿￿1￿.. 2024 Numb¢r Numbgr £80.001 to £go.000 11 Net galnglu￿*ts) on inv•strnent• UnrMtrlct•d nd¥ UnmtrlEt8d fund* 2024 2023 Gainslllossvs) arising on-. Rèvalualon oflnveBtm8nts 2fj7.916 1118,9291 12 Infanglblg Ilx•d 0¥90ts T•t•l Co•t At 1 Novemb¢r 2023 Addltions At 31 October 2024 25.777 25,777 30243 30243 25.771 43 Depreclathrt and IM￿lMient At 1 November 2023 Amothtlon thargad in th• y At 31 O¢tobw 2024 430 430 S,055 2,520 2.965 5.485 Carrylng amount At 31 Odober 2024 22.812 25 27,723 50.535 At 31 O¢tob8r2023 THE CHILD BEALE TRUST I￿$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 Inv￿1￿•￿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 urK18rta￿n9S 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 $08.438 16 Cr•dltor%.' amounts lalllng du• wtthln Qng y•ar 2024 Group Par•nt 2023 Gmup ParBrrt Olh8rtxx8lion 8nd eoclBI 8euMIty Deferred IrKcrfng Trade creditors Olhar crèdittirs (wal8 27.429 25,998 162,288 1ff2.288 212,n8 189,985 6.425 3.796 66.866 66,888 30,472 164.398 148,735 9,905 86,623 19,520 164,398 113.374 6.847 47S.736 448,013 440,133 tsJ.762 19 D•f•Th•d In¢pm• 2024 lJrgUP Parnnt zorJ Group PaT•nt Otherdefert incomg 162.288 182288 184A98 164.398 20 RoJtrict•d funds The re8trithd fimds of the charlty c4)mprtse thts un•xp•nded b8lance8 of donaUon6 and granls hek1 on tF￿1 subject to spedlk C4)ndlUon$ 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 balan￿S Ofd￿al0rtS and grarts which are nol $ut4ect to sr*dlc condthns ty ￿¢￿r$ 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. G*n• ar•J 8olnnEe at 2013 1024 Gener31 tmre3lricted funth Rgvaluation reservg Fund r8tainad in nwh¥rilable Sub￿dIary 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•l*nE• •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