Charfty Reglstratlon No. 300105 THE CHILD BEALE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 THE CHILD BEALE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees J. Bryce D. Carr M. Carvell J. Chity P. AIV(en (Appoinled 29 August 2025) Charlty number 300105 Auditor Rithardsons 30 Upper High Street Thame Oxfordshire OX9 3EZ Bankern HSBC plc 26 Broad Street Reading Berkshire RG128U Sollclto Field Seymour Parkes LLP 1 London St Reading Berkshire RG14PN Invostm•nt adv180rn Rathbones 8 Finsbury CIr￿S London EC2M 7AZ THE CHILD BEALE TRUST CONTENTS Pagg Trustees, report Independent auditorfs report Stslwnanl of financial 8¢tivib"es Balance sheet Stslement of cash flows Notes to the finan¢t￿ statem9nts 10-23 THE CHILD BEALE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 The trustses prgs¢nl their ￿pOrt and financial sL2tements for th8 year ended 31 Oejober 2026. Th8 finanrAal slalemerts have been prepared in accordance wtth tho accounting poliues set out in note 1 of the finaneial ststements and complywilh the chartvs Trust Deed, the ChaTitie8 Act 2011. 8nd'Accounting 2nd Reporting by Charttigs.. Slalement of Recommended Practice applicable lo charities preparing their 8ccounts in accordance with the Finanaal Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102) (gffectlvo 1 January 20191.. Objective8 and acfjYiti•$ Th8 obj8ctiv8s ofthe Child 8eale Tnjsl remain the p￿￿slon and maintenan￿Ofa publiG park, offering an educational fxility forthose int8r8Stad in wildlife and plants, while also serwng as a ￿Tpational space for the general public. The th8rity owns land in Bgrkshir¢ and has developed Beale Vmldlife Park to fvlfil these objectives. The ttustee8 confirni that they have referred to the guidance contalned In the Charity Commisslon's general guidan¢e on pub51¢ benefft when reviewing the Tnjst's aims and objectives and in planning fvrture adiwlies and developments. The trusteès have paid due regard to this guidance in deciding the charity's activities. To achieve our charitable DbjectiV95. BealE Wildlife Part( serves as the core hub for rec¥ealion, a park for the people. conservation and educalion. The park features a diverse (xjllection of animals. engaging play area5, extensive gard$ns, walks, lakes. and woodland, providing a haven for both peoplè and wildlif8. Alongside this, our education 8rKI Conservation programmes continue lo expand, reaching new audiences and increasing engagement with nature and wildlifè_ Con$or¥ation and Anlmal Welfare The Child Beale Trust ￿ntInueS lo play an active role in wildlifa Qonservation, both within the park and across tha wider 8stat8. Th8 trustees are parti￿larlY Proud ofthp foTTnal implpm¢ntathon of a St￿ngthened Conservation strategy during the y8ar. aligning our animal collection. estate management and educAtion wort( wiéh clearer cOnSe￿allOn outcomes. A signrfi<2nt conservation réstoration and biodiversity enhancement project, ￿nded by Mond the Gap. wa$ agreed durlng the year and h8s now commanced. The initiative will improve habttats an¢J in¢reasg blodlverslty. Aniwnal Conservation and B￿edIng A8 8 licensed and atxredited member of BIAZ4 (British and Irish Zoo and Aquariutll Association), Beale Wldlrfe Pa upholds the highèst standards in animal welfare, conservation, and education. We continue lo house and support a range of specie5, some of which arg Targ￿ seen in UK zoos. including Chacoan Mara, Guanaco, Rufous Vénted Laughing Thrush, and Tayra. Conservation Beyond the Zoo Bayond Ihe anima5 collection, the Tru51 is committed lo ¢onservalion initiatives across the wider estate, induding-. PartidpaJon In the Natlonal Domouse Monitoring Programme, with continued s￿$ in boosting Hazel Dormouse populatlOn5 within our estat¢. Lon*teTm partnership with the Nafjonal &'oscignc8 R¢sear¢h Infrastructure for tracking insect migration patt8Tns, supporting climate (*ange reseaith. Continued management of 40 acres of arable land under thg Countyside Stewardship scheme to provide year-round support forwild birds and pollinatOT3. Prgd8tor Control supporting Water Vole recovery. These initiatives reinforce our commitment to proteclSn9 tolh native and global biodiversity through dI￿¢t action, education, and advocacy. THE CHILD BEALE TRUST TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Education and Acc￿5 Education rernains a cornerstone of the Trust's Charitable mission. with a focug school wsits, hands-on leainlng experiences, and public engagement. This year. we have seen strong attondan¢8 in our educational wogramtnes. which include.. Key 8tage workshops ar¥J school ¥i511s tailored to the national curriculum. Daily keeper talk6 and interactive animal experiences, offering deeper insight into conseNation challenges. Expanded partnerships with schools arKI charities to provide educational visits to underserved communities. We are proud lo have increased 8¢¢es$ibility to our edu¢alional offerings, providing scholarships foT PupÈl Premium children lo attend our Zoo Club progfamm8s and welcoming groups from charities such as M8ke 8 Wish, Musl8rd Tree. and Young Carers lo experience th8 park fre& of charg8. This year has also seen the ￿ntInUed Su￿¢$$ of our Education C¢ntr$, which offers both induor and outdoor classroom spaces, alltrwing us to ho81 large group8 and deliver a ￿er range of formal and infornial learnirwJ experiences. Visitor Engagement and Perlormance Vlsitor numbers during the year were lower than the previous period, reffecting wider economic pressures and increased oJmpelilion across the zoo and visitor attraction sector. The Trustees deliberately Pfioritised financial sustainability over volume growth, recognising that long-lerm roslli&ncg requires appropriate pricing and disaplined cost management. Looking ahead. the strategic focus for 2025126 is to.. Maintain visitor numbers In a Compelhwg and prfce-sensltwe dimats InerÈ3se p8rceived value through Iow-COSt enhaneeménts Improve interFKelation, talks, and seasonal programming Strengthen charitable impact through measurable oul¢om88 Maintsin operational efficierw and financial discipline The Trusteos believethis balan¢¢d, sustainable approach is essential lo securins the Charity's ￿t￿re while remaining trug to its public benefit objectives. Flnanclal revlew The year ended 31 October 2025 was fin8n¢ially resilient despite sect¢Y-wide visitor decline. Total income increased 10 £2,645,695 12024.. £2,446,9)21. Charitable expenditure reduced to £1.849,774 12024.. £1.918.727) reflecting enhanced visitor engagement as well as cost control rneasures and operational efficiencies implemented during the year. The Trustees, financial aim is to ensure that the ¢harity maintsins strong financial tyjnlrols while reinvesting in the Par￿$ develr)pment. Income from admissions. membershSps, and café sales Continues lo be the prfmary source of ￿Venue. Rental income from properties and commercial leases provides addition81 financial 8tsbility. Ongoing cost ttjntrols and efficiency improvemènts havè supported SLJStain8ble growth. The Trustees remain committed to mainlaining a healthy ￿serveS policy, ensuring that the tharity (3n meBt operation81 needs and invest in fijlure improvements. Funds are managed in ac¢ordan¢e with the Trust's investment polw, balancing liquidity, risk m8nagémenl. and k)ng-lerm $ustain8ble growu). THE CHILD BEALE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Rlsk Manag•m•nt The Truslees have a comprehensive risk management strategy, includin9'. Detailed risk registers regulaly reviewed and upd8ted. Emergency response and contingency plans lo mitigate operational risks. A strong foC￿S on Health & Safety. ensuring the well-belng of both visitors and staff. The financial stability of tho Trust remains a key focus, with ongoing monitoring of market conditions and operational ￿sts to er￿Ure resilience against extemal eu)nomlc pressures. Plans for Future Porfod> Looking ahead, the Trustses aTe Lx)mmitted lo ￿tinUIng investment in the p*k's fa¢iliiies, animal habitsts. and silor experien￿, in alignment with our ch8ri18ble objectives. Plans for the Comlng year Sndu(le'. Irnprovernel￿ lu animal Bxhibils and wsrtor engagement. induding walk through endosur8s. improved habitats for animal welfare and immersive experiences for visitors. Continued d8V8lopment of con5eryalion initiatives, with a focus on increasing biodiversity and expandSng partn8rship$. Ongoing infrastructure projects. ensuring that Be810 Wldlife Park ￿MaInS a high-quality dèslinatlon lor educatlon, consoNation, and recreation. Stru¢ture¥ g¢Vornan¢g and management The charity is constituted as Trustee5 and ts goveming document 1$ ￿S TThrst Deed. dated 14th ALVJUSt 1956. The trustees who sewved dursng the year antj up to the date of Signature of the financaal statements w8r8.' D. Maloney (Resigned 31 Decemb8r 2Q241 M. Carvell D. Carr J. Bryce J. Chity {Resigned 19 February 20261 S. Handy {Resigned 30 May 20251 P. Hide (Appointed 23 June 2025 and Re8igned 03 December 20251 P. Altken (Appointed 29 August 2025) Ttustses are selected and invited lo join tho Board of Trustees by exlstlng TnJslg9s and the ap￿intment of Twslees is vested with the Trustees. The board of Trusteos, which indudes all Trustees, administers Ihe charity. The board rnoels on a regular basis, * least four times a year. The CEO has the responsibility of managing the day to day operation of the charity. To fa¢ililatg effective operations, the Trustee8 delegate authtwity for operational matters. induding finance and ernploymenl to the CEO. New Tnjstees undergo orientation to brief them on th8ir18gal obligations Ur￿eT tharity arKI COFllP8ny law, the content oflhe Trust Deed, the commiitee and decision-making proe£ssès, the business plan and recentffinancial perfoThnance of the d)arity. Trustees ara ency)uraged to attend appropriats exlgmal training events where these will faalitate the undert8king of their role. THE CHILD BEALE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Statement ol trust••s' re5ponslbllltles The Iruslees are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United lQngdom Accounting Standards (United lQngdom Generally Accepted Accounting Practicè). The law applicable lo charities in England and Wales ￿qUireS the trustees to ￿pare financial stslements for each financial year which giv8 a true and fair view of th8 slate of affairs of the charfty and of the irKoming resources and application of resourc8s ol the charity for ihat y8ar. In preparing these finanaal stalernenls, the trustees are required lo- select suitable accounting poliaes and then appty them consisterfy- observe the methods and principles In the Charilios SORP- mak& judgements and eth"males that are reasonablo and prudent., state whether applicable accounting standards have been followed. subjeca to any rnalerial departures disclosed and explained in the financial statements., and prepare the finanaal statements on the going concem basis LJnl8ss it is inappropriate to presum8 that the d)arty will eA)ntinue in operation. The trustees are responsible for keeping SLthaent accounting records that disclose with reasonable al￿raCY at any lime the financial position of the charity and enable them to ensure that the financial ststemenls ¢omply with the Charities Act 2011, th8 Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. ThBy are also responsible for saf&guarding the assets of the charity hence for taking reasonable steps for the preventitsn and detection of fraud and other irregularili8s. Dlsclosure of InfomiatEon to audltor E3¢h of the Iruglees has Confimied that there 1$ no inftsm8tion of which they a￿ 8ware which is relevant to the au￿11. bul ofwhich the auditor 18 unawaie. They have furtherconfimed that they have taken appropriate steps to ident such relevant infomiation and lo establish that the auditor is aware of such infomiation. ruslees, report was approved by the Board of Trustees. arr TruslBe THE CHILD BEALE TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE CHILD BEALE TRUST Oplnlon We have audited Ihe financial slalemonts ofThe Child Beale Trust {the'c*arrty'l forthe year ènded 31 October 2025 which cornprise the ststem8nl of financi81 a¢tNilie8, the balance sheet, the statement of cash Jlows and the notes to the finan￿al stslements, induding a summary of signrficant accounting policies. The financ4aS reporting framework that has been applied in their preparation is applicable law and United ￿ngdoM At￿LIn11ng Standards, induding FRS 1 U2 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Gen¢rally Accepted Accounting Pr8clic*). In our opinion. the financAal statements.. give a true and fair view of the slate ofthe chaTity's affairs 8$ at 31 October 2025 and of hs Incomlng resources and application of resources, for the year then ended. have been properly prepared in aCc￿rdanCe with Unit&J ￿ngdtsM Generally A(tepteiJ Accoun￿n9 Practi¢e,' and have been prepared in ao*rdance with the ￿quIrements of the Charflles ArA 2011. 8aslg for oplnlon We ¢ondu¢led our audrt in acc¢rd8n¢e with International Standards on Auditing {UK) (ISAS IUKII and applicable law. Our responsibilities under those standards are further describFd in the Audilo¢s r¢spOnsibil￿e$ for the audit of the financial statements section of our report. We are independent of the charity in accordan￿ with the ethical requirfrmenls thal are relevant to our audit of the finan￿al statements in thè UK. including the FRC'S Ethical Standard. and we havp fvlfilled cwr olh$r ethi1￿1 ro$ponsiisiif(ios in accordan￿ with these requirements. We believe that thÈ audit emdence we have obtained is Suffiaenl 8nd appropriate to pff)vide a basis for our opinion. Concluslons relating to going ¢¢n¢•m In auditing the ffinancial stalements, W8 hav8 concluded Ihatthe trustees, use of the going confxm ba818 of accounting In the preparation of the financial sla19mgnts is appropriate. Based on the work we have perfomtrrl, we have not identified any material uncertainties rel￿1ng to events or conditions that, individualty or colleclwely, may cast signrficant doubl on Ihe charitys abilty to continu8 as a going concern for a period of at leasl fv￿1ve rnonlhs from when the financial st8lements a￿ 8￿hOris8d for issu8. Our responslbilities and the rèsponsibi1it18s of the tWStees with respect to going concem are describod in tho relevant sections of this report. Othèr Infomiatton The other information comprises the infomation induded in the annual report otherthan the financial stal8ments and our auditor's report thareon. The trustees are responslble for the other information. Our opinion on the finantsal ststemenls does not cover the other information and we do not express any form of assurance 0)ndusion thereon. In connèctSon ￿th our audit of the financial statements, our responsibility is lo read the other inform8b.on and, in doing so, consider whether Iho Other information is materially inconsistent with the financial statements or our knowledge obtsined in the audit or otharwiso appears to be materially misstated. If we identify such material inconsi￿enUeS or apparent fflalerial misstatements. we a￿ required to determine whathar th8r8 is a rnaterial misstatement in the finanaal statements or a material misstatement of thé othw infomiation. If, bas8d on the work we have perforned, we condude that there is 8 material misstat8ment of this other information, we are required lo report Ihat fact. We have nothing to report in this regard. Matters on whi¢h we aro requlred to rèport by WACePtion We have nothing to report in resppd ofthe following matters in relation to which the Charities (Accounts and Reports) Regulations 2C4)8 require u8 to rewjrt lo you rf, in our opinion.. the infomialion given in the finanaal statements is inconsistent in any Tnaterial ￿Spect ￿th the Iruslees, report," or sufficient accounling rets)rds have not been kept,. or the finanaal stat8m8nts ar8 not in a9reemenl with the acojunling records,. OT we have not receivgd all the iifomialion and explanations we Tequire for our audit. THE CHILD BEALE TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE CHILD BEALE TRUST ResponBlblllde8 of trustees As explained more fully in the statement of trustees, responsibilities, the trustees are responsible for the preparation of the financial statements and lor being satisfied thBt they give a true and fair view, and for such internal control as thè trustees determinè is necessary to Ènable the preparation of financial statements Ih8t A￿ free from materi81 mi551atsmenl. whether due to fraud or error. In preparing Ihe finanaal statements, the trustees are responsible for assessing the charity's ability to Continue as a going concem, disdosing. as applicable, matters related to going con￿rn and using the going Co￿rn basis of accounting unle88 th8 trustees eilher intend to cease oper81i¢)ns, or have no iealislic aKemative but to do so. Audltorfs respon51b51￿OS for the audlt of the flnanclal statemonts We have been appointed as auditor under section 144 of the Charities Act 2011 and report in 8¢¢ordan¢e wth the Act and relevant ￿gulationS made or having effact thereunder. Our objectives are lo obtsin reasonable as8ur8nce aboul whether the financial statements as a whole are free from material misststement. whether due to fraud or error. and to issue an auditor's report that indudes our opinion. Reasonable assurance is a high level of assurance but is not a guarant88 that an audit aonduct8d in accordance with ISAS (UK) will always detèct 8 material miss18tement when it exists. MisstatèmÈnls e*n arisè from fraud or error and are COllEidered material if, individually or in the aggregate. they could reasonably be expected to inffluence the econownic decAsions of users taken on the basis of these financAal statements. A further description of our responsibilities for the audit of the financial statements is located on the FthiancAal Reporting Council's website at.. https'.Jlwww.frc.org.ukJauditOFsresponsibilities. This de￿riPtIOn fomis part of our auditrjrfs report. othor mattsrn Your attention is drawn lo the fact that the charity has prepared ffinancial statements in accordance with"Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities pr8paring their accounts in accordance wrfh the Financial Reporting Standard applicable in the UK and Rèpublic of Ireland IFRS 1021" las amended) in preference ID the Accounting and Reporting by ChaTitie5'. Statement of Recommended Practice issued on 1 ApTTI 2005 which is referred to in the extant regulations bul has now been withdrawn. This has been don8 in Order for the financial statemants to provid8 a tru8 and fair vi8w in accordanca with current Genèrally AccÈplÈd Accoun*ng Pradice. Use of our report This report is made solely to the charity's truslees. as a body. in accordance wilh part 4 of the Charities {A(xounts and Rèports) Regulations 21XJ8. Our audit v4ork has bean undertaken so that wè might stalè to the eharity's trusteès those mattèrs wè are rèquired to stste to them in an auditors, rèport and for no othèr purpose. To thé fullest extent pemiitted by law, we do not acLepl or as5urne responsibility to anyone olherthan the charity and the charitls trustees as a body. for OUT audit work. for this report, or for the opinions we have fomied. Richardsons ChartErod Accountants statutory Audltor ..1.41Q412Q2fj.... 30 Upper High Street Thame Oxfordshire OX9 3EZ Rithardsons is e1￿ible for appointment as auditor of the charity by wrtue of its eligibility for appointment as auditor of a company under of section 1212 of the Companies Act 20C6. THE CHILD BEALE TRUST STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2025 Unr•stslct0d Rostrtcted fund• fund• 202S 2025 Totsl Unre8triet•d R•sffiet•d fund5 fun (40) 1359> 1.539,963 41,159 3,297,713 86.567 141,683 (13,0051 {601 1359) 1720.0001 1201 1720,0(M)} At 31 October 2025 1,931.417 861.102 2.792.519 Carying amount Al 31 October 2025 1,931,417 861,102 2,792,519 At 31 October 2024 1.757,750 1,539.9S3 3,297,713 The Charity also holds 1 Ordinary £1 share in ils wholly owned trading sub8idiary company, Beale Park Trading Company Ltd. which is incorporated in the UK. 5ted Investrnents are a portFolio managed by a specialist Investment manager and Include capital and Intx)me cash balances al cost totalling £104,75012024.' £55,659). In 2024 portfolio cash balan￿S of £55,659 were included within Temi deposits and have been restated to in¢I￿le within the portfolio. 18 Stocks 2025 Group Parènt 2024 Group Parènt Shop Stock Restaurant Stock Birds and Animal Maintenance Stock> Other 18.423 7.948 1.500 1,500 21.137 5,921 1,500 1,500 2,515 1.5C() 1.51)0 1,500 1,500 2,515 29.371 3.000 33,573 6,515 20- THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 OCTOBER 2025 19 Debtors 2025 Payent 2024 Group Gr¢up Parent Amounts f8lllng duo wlthln on4 year: Trade debtor8 Amounts owed by subsidiary undertakings Other debtors Prepayments and accwed Income 28,799 28,799 12,975 2,276 69,742 6.057 6,057 121,123 35.408 105,635 3.893 69.742 35.408 110.218 102,434 113.792 151,683 268,223 20 Creditorj: amounts tslllng duo wlthln one y•ar 202S 2024 Group Paront Group Parent Not•s other laxalion and social Be￿rity Deferred in￿rne Trade cTrditors Amounts dug lo subsidiary undertakings Other credrtofg Accruals 58,395 30.361 143,379 143,379 147,790 129,658 27,429 162.288 212,728 25,998 162,288 189,985 20 4,768 51.417 2,768 51.417 6,425 3,798 66.868 66,866 405,749 357.583 475.736 448.913 21 Deferred income 2025 2024 Group Paront Graup Parent Other deferred inwme 143,379 143,379 162.288 162.288 22 Re5tr1ctsd fund¥ The reslricled funds of thg d)arity ￿MpriSe the unexpended balances of donations and grants held on tnjsl subject to specific conditions by donors as lo how they may be used. Bal4nc• at I Ro>ourc¢s Balanco at 1 November expended Novetrtb¢r 2023 R8sourcos 8alan¢g at ¢xpended 31 Octobor 2025 2024 51,000 117,(￿0) 34,000 117,000) 17,000 The restricted lunds relate to a lotsl donaJon of £170.(￿0 rec8iv8d from Thames Water for the purposes of an education projectwhich was completed in 2016 8nd is being deprnciatad ovar a t8n-year period. -21- THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTSNUED) FOR THE YEAR ENDED 31 OCTOBER 2025 23 Unrestrlcted funds The unrestricted funds of the charity comprise the unexpended balances ol donations and grants which ara nol subject lo speofi¢ conditions by donors and granlors as lo how they tllay be used. These include designated funds which have been sel aside out of unroStri¢t8d funds by the trustees for specific purposes. B•Lan¢e at I Novernb8r 2024 In¢omlng sour￿8 Galns and Balance at L08888 31 October OXP8nd8d 202$ General unrestricted funds Revaluation reserve Fund retained in non-charrtable subsidiary 7,701,938 1.998.321 (2.025,528 299,375 147,885 647.374 1532,9471 8,149.198 2,645.695 P,558,475 186,672 7,861,403 299.375 262,312 186,672 8,423,090 Previou8 Year. Balance at I Novgrnber 2023 Incomlng r850urc8S Golns and alance at Los8os 31 O¢tob8r oxpond8d 2024 General unrestricted funds Revaluation reserve Fund ielained in non-charilable subsidiary 7.697.700 1,838,345 {2.052,023) 299,375 37.494 608,557 1498,168) 8,034,569 2,446,902 12,550,189) 217.916 7,701.938 299.375 147,885 217.Q16 8,149,198 24 Analysis of net assets l)etweon funds Unr8stslct•d Rwtrfctod fvhd$ funds Total Unrestrfctsd Restrlded funds nds 2025 2025 2025 2024 2024 2024 Fund balan¢•$ a reprosented by: Intangible fixed assets Tangibla assets Investment PfDpertie8 Investrnents Curr8nt assètsllliabilities} 39,014 3,618,139 1,680,000 2.792,519 293,418 39,014 17,000 3,635,139 1.680,000 2.792,519 293,418 50,535 3,239,210 1,680,000 3,297,713 1118,2601 50,535 34,000 3,273,210 1,680,000 3,297,713 {118,260} 8.423,090 17.000 8.440,090 8,149,198 34.1￿ 8,183,198 25 Remuneratlon of key management personnol The remuneration of key management personnel is as folknws. 2025 2024 Group Group Parent Parnnt Key Management personnel 81.289 81,289 80,580 80.580 22- THE CHILD BEALE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 26 Related party transactions J L Bryce FaTm8 Limited The charity is connected to J L Fam)s Limited, an agriCu￿ra1 contracting and management company roveriThJ 5,000 acres on the Berkshire Hampshire border. J L Bryce F8rms Limited has b88n operating for The Child Beale Trust Since May 2018, where J L Bry￿. director of J L Bryc* Fam)s Llmlted, became a Trustee of The Child Beale Trust on 15 September 2023. Lluring the year ended 31 October 2025 J L Bryt% Famis Limitad charged semces to The Child 8èale Trust relating to agricultural contracting, totalling £6,80912024: £10,642). Arrow Fencing The charity is connected to Arrow Fencing, 8 f8ncing, d8ckin9 and landscaping company. where a trustse's brother-in-law acls as a director. During the year Ènded 31 Octobar 2025 the Child Beale Trust invoiced Artow Fenang forworkshop rental servi￿, totalling £7,14012024'. £6,183). We5tcom Networks IUKI Limitsd Thtr charity is connected lo Westcom Networks IUKI Limited, an IT solutions compary. where a trustee's son-in- law acted as a dire¢Xor, up until 20 Novembèr 2024. During the year ÈndÈd 31 Octobèr 2025 Westcom Nthorks charged seTrices to Th8 Child Beale Trust relatir to IT consultancy seNlces, totalling £4,379 {2024.' £6,485). 27 Cash gon•ratsd from 0￿￿tIOnS 2025 2024 Group Group Par&nt Parnnt Surplus for thé year 256.892 217,465 97.629 32,238 Adjustments for.. Ir)veslment income rÉ(xJgnised in statement of financAal actiwties Gain￿08$ on disposal of langitme fixed assets Fair value gains and losses on investments Dapreciation and impairment Df tangible fixed assets (44,9861 {44,986) 182,260) (82,2601 11,456 11,456 {3,9621 1186,6721 1186.6721 (217,9161 {217,916} 199,842 174,037 179.156 151,326 Movements in worklng capltsl.. Dec¥ea$edl(In¢rease) in stock Ilncreaselldecrease in debtor5 Incieasglld¢*x¢a$81 in ¢r¢ditors Increase in deferred Incomè 4,202 2,515 49,249 154,431 (51,07n (72,4211 (18,909) 118,909} 4,569 {59,￿) 240.213 37,713 60,261 12.1101 (2.110) Cash generated fromllab3orbod by) ¢pernttons 219,797 236,916 146.846} 181,752 28 Analysts of changes in net fund$ The charity had no dèbt durin9 the year. 23-