REGISTERED COMPANY NUMBER.. 01004194 (England and Wales) REGISTERED CHARITY NUMBER: 307027 Report of the Trustees and Audited financial Statements forthe Year Ended 31 July 2025 The Mount Camphill Communlty Ltd IA Company Umited by Guardnteel Swindells LLP Chèrteied Accountants and Statutory Audttor Atlantic House 8 Bell Lane BellbrDok Industrial Estate Uckfield East Sussex TN22 IQL
The Mount Camphlll C¢mmunTty Ltd Contents of the finandal Ststements lor the Year Ended 31 July 2025 Page Report ofthe Thstees Report of the INlependentAudltOTS 10 to 13 statement of Financlal Activi 14 Balance Sheet 15 Cash Flow Statement 16 Notes to the Cash Flow Statement 17 Notes to the Flnanclal Statements 18 to 31
The Mount Camphlll commun Ltd IRe8lstered number. DI]4194) Report of the Trustees for the Year Ended 31 July2025 The trustees who are also dirèctors of the charity for the purposes of the Companies Act 2006, present their report with the financial Statements of the tharity for the year ended 31 July 2025. The trustees have adopted the provlsions Df Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitles preparing their accounts in accordan with the Financial Reporting Standard applible In the UK and Republic of Ireland IFRS 1021 leffectnie l January 20191. OBJEcfivES AND AcfiviTIES ObSective5 and aims The Dbjective of the charty, as set out in the memorandum. continue5 to be to prc)vide care to and advance the education and training of people with a disabilty. in accordance with the principles of Dr Rudolf Ste5ner. We aim to meet the needs of young people wtth a learning disabillty over the age of 16 in their tran51tion through the college to adulthood and to provide a co-hou5ing community where adults wyth a learning disabillty can live and develop within a supportive, caring and stimulating enveronment. We provide an environment where each person can develop his or her potential and build their 5elf-confidence thereby preparing them for the opportunities and experiente of later lrfe. Oblectlves In settirbg our objertives and planning our activitie5, the trijstees have conSided the Charity Commission's public benefit guidance as ststed in Section 4 Df the CJ)arities Act 2011. Our key objettives for the year induded: To ensure that the communlty remains a place where people, regardless of any disability or religlous or racial background, can continue to INe and work with others in healthy social relationships based on mutual care and respect. To continue to focu5 on delivering a successful college provlsion for our students that empowers the sludents lor their next 5tsge in lrfe. To maintain our Student and resident numbers in the college and in the cohousing communty. To increase awareness of the positive benefit that we delNer for students and residents and of the opportunities that are provided here. To offer a wide range of on-site aclNitie5. To offer regular off-site aLtivities. Page I
The Mount Camphill Community Ltd (Registered numbèr: 01004194) Report ofthe Trustees for the Year Ended 31 Juty 2025 OBJEcfivES AND ACTIVITIES Revlew of acti¥iEies and hIeveMents Community The Mount is a member of the Assoclation of Camphill Communities whlch wa5 founded in 1940. The community is made up of dedicated and enthusiastic (Trworkers many of whom INe on site, non-resident employed co-workers and a group of young short-terni volunteers who come from countries throughout the world to live and work at The Mount This skilled and energetic group of people enable5 the Mount to offer a diversei P051tive, and caring environment in whith to live and develop. student and COhouA8 redent numbers OUT student number at the year-end in the college was 21 12024: 201, within this the number of day student5 wa$ 5 12024: 31 and the number of residential students was 16 12024.. 171- In the cohousing community our resident number5 rernained at 1612024- 161. College ActFVitie5 and Achievements The MoLJnt offers a three-year college programme based on three curriculum areas.. skills for Independence, Craft and MovemenL Wlth British Values embedded throughouL The Ski115 for Independence curriculum helps students develop lrfe, work, functional and personal 5ki115 to prepare for life beyond college. Students may work towards qualifications including BTEC Home Cooking Skills, BTEC Land-Based Studies, BTECWork Skills, and Functional Ski115 in English and Maths. The Craft curriculum provldes prartical, sensory learning through artIVQ$ such as cooking, gardening, baking, weaving, art and pottery. In their first year. students experience a range of foundation crafts before choosing a workshop specialism for Years 2 and 3. The Movement curriculum supports physical and mental wellbeing through actTWties such as Bothmer gymnastlC5, Eurythmy, games, Tai Chi, tennis and swimming. Students also take part in drama production5. educational 0IngS and residential trips. All students follow individualised study programmes based on their Education, Health and Care Plan5 IEHCPSI, with flexible pathways and personalised wOrk-experien opportunities to 5UPPOrt their future goal5. Academic achievements The charity offers individual support in English and Maths, as specified in each student's EHCP IEducatlDn, Health and Care Plan). Each year we are very proud and delighted by our rtudents, achievements. This year our students have succ*ded in galning the following ac¢redited qualffjications- Number ented for qualification Number achieved qualificaiion Success rate loo% Qualification BTEC Entry Level 3 Award in Work Skllls Awarding body Pearson Edex1 BTEC Level l Award in Home Cooking Pear50n Edexcel IcA)% Page 2
The Mount Camphlll Communtty Ltd [Rered number: OIOD41941 Report of the Trustees forthe Year Ended 31July Z025 OWECTIVES AND A[vE5 Number entered lor qualifKation Number achieved qualification Success rate ID0% Quallficatlon BTEC Level I Introductory Award In Land Based Studles Awardlng body Pearson Edexcel Funttional Skills Mathematics at Entry Level I Functional Skills Mathematic5 at Entry Level 2 Pearson Edex1 loo Pearson Edex1 67% Functional Skills English at Entry Level 2 FunLtional Skills English at Entry Level 3 Functional Skills English at Level I Pearson Edex1 Pearson Edexcel Peèrson Edexcel IDO% IOOYD All other norL-accredited leaming follow5 RARPA pro$Se5 IRecognising and Recording Progress and Achievementl which measures student progress and outcome achievement through delivery of The Mount Curriculum. Cohouslng Artivities and Achlevemer Cohousing is an innovatlve and inclusive adu supported Ilving model that Is offered within The Mount Camphlll Community. There are 3 house5 Within the community, 2 on the main site and I situated nearbv in the village of Wadhur5L The houses comprise of 16 5UPPOrted cohousers and 15 live-in coworkers. This year we have continued to enjoy celebrating festivals, lrfe-sharing conferences Wlth other communities, monthly cohousing management group meetings, cultural activities and performances, many birthday celebrations and perforning in Wadhur5t with the drumming workshop. Our monthly "New5 and Notes" keeps all families and communtty member5 updated on the activities and events happening within the cohou5ifbg Comfnunty and on developments in social enterprise. Sodal Enterprise The social enterprise area of our offer continues to develop and aims to offer meaningful work attlvities for tohousers. We are committed to engagement and nurturing self-esteem. Each social enterprise artivrty has a therapeutic benefit and wks to support each person to find their ideal aa of work. Candle makingj bakin& pottery, weaving, art and eco crafts, estate work, donkey care and harvesting the produce fmm the garden continue to take place. The produce from these activilies has been taken to several very Successful craft markets over the course of the year and more outlets in the local communitv have been selling our stock. We have supported the local group "Wadhurst Warriors to promote local charity work through our food production sales. Page 3
The Mount Camphill Community Ltd (Reglstered number: 01(MJ41941 Report ofthe Trnee5 for the Year Ended 31 July Z025 OBJE7vEs AND A1VITIEs Our networking has also led to the birth of 2 partnerships between The Mount Camphill Community and Common Ground Theatre and Compass Arts in E3Stbourne. Both will see a collaboration in theatre produttitsn, work experien and WDrk5hop offers. As well as lolnt Art exhlbitions. Common Ground Theatre offered their flr5t production of Twelfth Night, in the communty to high acclaim and wlll follow up with a production of 'HamleV 500n. We are all very exctted about these 2 partnerships which will enhance the cohousers skills and interests in the arts and raise the profile of all involved. The cohousing community continue5 to explore further opportunities to tske Social EnterPre into the wider community outside The Mount and develop further activfrties. Therapie5 The Mount offers a range of specialised therapies which nurtu the whole person. These include speech and Language Therapy, O¢¢upational Therapy. Eurythmy Therapy, Musi¢ Therapy, Art Thèrapy, BDthmer GymnastiC5, Embodiment and Rhythmical Massage. Training The community engages in a broad range of training for its co-workers and volunteers, exceeding mandatory guideline5 and promoting cowrtinuou5 leaming and development a5 appropriate to everyone. Volunteers receive fomial training using our in-house training course in line with Ski115 For Care which leads to the Care Certificate and further training in social care in relation to the principles of working in a Camphill Communty. Investments infrastructure A new Speech and Language Studio and Occupational Therapist space wa5 completed this year which has provided a much-needed quality space for these therapies. The major upgrade of the IT infrastrurture has been Completed to provide a fast fibre intemet connection and a secure and stable system. Gene1 investment in rr ha5 continued with the purchase of 12 new laptops during the financial year and ark additional interactive Screen for classroom use. A new minibu5 was purchased, following the succe55ftJl fundraising tsmpaign, and it arrived in Dember 2024. A replacement car was purChad for the college, and a new electric car has been leased for cohousing. At the main site the existing car park was substantially extended and remodelled. This has eased the parking problem on site, improved site safety and ensured clear acces5 for emergency vehicles if ever the need ar05e. A barista coffee machine wa5 purchased in June so that students on learn how to Use this machine in support of their work experience and Skills. Other significant purchases include a new boiler. two commeraal washing machines and furnitu for offite refurbishment. Page 4
The Mount Camphill Communty Ltd IReglsteTrd number: 01004194) Report of the Trustees for the Year Ended 31July 2025 OWEcrtVES AND AcrivmES Fundraising We continued to fundraise for the outdoor Trim Trail fundraising appeal. Another appeal was launched to raise money towards the Pond House swimming pool recommissioning costs and the pool house refurbishment, having reached the total this closed in JU. We now have 41 Friends of The Mount. our Tegular donors. Money donated by them supported both these appeals, as well a5 buying a range oven for St john'5 House, a mixer for the bakery and camping equipment for college use. A Smaller appeal for the College 3 biography retreat raised funds for the students, annual trip away. A variety of events were organised throughout the year tD fdlSe money toward5 the current appeals, ncluding a Quiz night in Wadhurst village. a sponSod wall college and cohousing Family Days, our annual Summer Festival and Café Mount each term. A fijndraising celebratory event was held at Pond House for tho major donors who supported the completion of the boardwalk and landscaping projett. The Charity Is registered with the Fundralsing Regulator and is committed to the Fundraising Promise and adheren to the Code of Fundraising Prartice. Use of a CRM, Donorfy, 15 an irrtegral part of fundraising's work to record and manage all donor5 and contscts securely. No complaints have been received about the fijndraising activity. The Charty 15 consciou5 of the need to protect vulnerable people with respect to the fundraising activtty and the vulnerable persons Policy is publighed on the website. Future plans The college will eontinue to invest in the frdcilities, re50urce5 and staff t() deliver the best possible provi51011 for Sdents that improves accessibility and provides maximum benefit. Within cohousing it is hoped that social enterprise will continue to develop arkd offer meaningful work activitie5 for cohousers that will nurture Se-esteeM and have a therapeutic benefiL An extended decking area was construtted off the garden classroom in August 2Q25 to provide a peaceful and praLtical aa for outside work. The back drive was resurfaced in November 2025. Ongoing refurbishment has continued with new carpeting in Whtte House, flooring in St John'5 and Soltane and bathrooms in Mount House all Mpleted. It is hoped that a trim trèil will soon be put in pla and that the swimming PODI at Pond House will be finisheLI following the successful fundraising appeals. Page 5
The Mount Camphlll Communty Ltd (Registered number: 01004194) Report of the Trnstees for the Year Ended 31 July Z025 FINANCIAL REVIEW Financlal posttlon The charity achieved a p051tive movement in net unrestricied funds. £526,798 12024.. £776.7801. the decrease reflects the significant investmènt in premises repairs and maintenance in excess of the increase in college and cohousing income. The total unrestritted fund balance at year end wa5 £5,666,721 12024.. £5,139,923). This Stable financial position has allowed planned investment to move ahead, a5 Outllned above in our future plans. The trustee5 plan to continue to invest in the infrastruciure and the quality of our offering for students and residents as funds allow. Investment policy and objertlves Under the memorandum and article5 of a550clation. the charty has the power to invest monie5 not immediately required for its purpose in or upon such investments, 5ecuritles and prc)perty as the trustees judge to be fit. In thi5 financial year, funds have been p5acèd on shortterm deposit only. Reseryes poliry Operatlng reser¥e The reserves policy states that the charity should have a sewe of betwèen 3 and 4 months of operational expenditure. For the year ended 31 July 2025, this equated to betsveen £850,432 and £1,133,909. Reserves are calculated a5 the charity's unrestritted funds of £5,666,721 minus th052 funds unavailable for expenditure such as red assets £3,368.946, wing a reserve level at the ¥ear-end of £2.297.775 12024.. £1,789,824). The tru5teÈs recognise that the level of free erVeS flurtuates during periods of investment in the &tate. The charity has a continuing programme of refurbishment and investment at The Mount to maintain the fadlities for our students and residents. The trustees will continue to ensure that the level of reserves Is sufficient to protert the charity in the event of reduced income or changes in CIrm$tanCes. Bulldlng MaIntenan and sustainability fund The trustee5 are concernecl to ensure that the charty has sufficient funds of £IOO,OW12024.. £100,DOOI set aside for any future work required to maintsin the buildings and grounds of the community. They have therefore agreed to Set aside funds for any future works. Restrlrted reserves Some funcls a provided to the charty to use for specific purposes and where this is the Case, they are held in a restricted reserve 2nd drawn on as the funds are required for the purposes for which they are given. STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of tru5¥ and constitutes a limited company, limited by guarantee, as defined by the Companies Att 21J]6. The Mount Camphlll Community Limtted Is a company limtted by guarantee. incorporated on 9 March 1971 and registered a5 a charity on 13 March 1972. The company wa5 established under a Memorandum of Association which establishes the objectives and powers of the charitable company and 15 governed under its Articles of Association. The company is registered as a charitable company with the Charitie5 Commission. In the event of the company being wound Upi members are required to contribute an amount not exceeding £5. Page 6
The Mount Camphlll Communrty Ltd {Regi5tered number: 014194) Report of the Trustees lorthe Year Ended 31 July 2025 STRucfuRE. GOVERNANCE AND MANAGEMENT Recruitment and appolntmènt of new trustses The members of the Council of Management (the Council), who are the direciors of the company and trustees of the charty, are drawn from people working in anthrop050phical OanISatIOnS with Similar alms to The Mount, members of the wider community ar)d parentslguardians of existing and fomer students, Trustee5 a elerted lor ratified If temporari co-optedl by the members of the AssociatlDn of The Mount Camphill Community Limited. Organlsatlonal structure The organisation was managed through the strurture of leadership, management and cohousing Broups wSth oversight in all other areas. The core area5 were managed by Cathy Hall (Education). Adrian Pye (Care and Support), Vicky Syme IcohDusingl and Pamela Lowton IFinancel. The groups worked collectively with the trustees to lead the strategic direction of the tharrty. The trustees met four times during the year and The Association o* The Mount Camphill Community membership meeting5 were held twi in which members and trustees explored i55ues of strateglt development and maintained the ethos of The Mount. In addition to their overarching shared responsibility, indivldual trustees took on key areas of responsibility and maintained continulng communication with the relevant groups between trustee meetings. Indurtion and training of new trust An indurtion pack is shared with each new tnjstee on appointment and training is offed a5 appropriate to them, Remuneration policy The Sa13ry Rewew Group undertakes an annual rÈview of all employee Salaries and makes recommendations to the twstees for approwal of amendments to pay levels having regard to RPI over the previous year and the Current financial status of The Mount. All employee5 are paid more than the National Living Wage and the National Minimum Wage. employees are eligible for the grDUP pension scheme with up to 5% of salary matched by employer contrlbLrtions. Rlsk manaBement The trustees have a duty to idÈntify and review the risk5 to which the charity 15 exposed and to engure approprlate controls are in place to provide reasonable assurance against fraud and error. The trustees have implernented and kept under review, an assessment of major risks to whlch the charity is exposed. In particular they monitor those risks related to the operatTons and finance5 of the charity and at the time of this report, they are Satisfied that there are systems in pla to mitigate exposure to the major risks assessed. The main working groups and facUleS wtthin the community undertake a review Df the risks facing their daily operations and update the register of major risks. together with the steps in place to mitigate the risks and consideration of improvements to control5. REFERENCE AND ADMINISTRAllVE DETAILS Reglstered Cornpany number OIC4)4194 {England and Wales) Page 7
The Mount Camphill Communlty Ltd IRegistered number. oirM141941 Report of the Trustees for the Year Ended 31July2025 Registered Charlty number 307027 Reglstered offlce The Mount Faircrouch Lane Warjhurst East 5u55ex TN5 6PT Trustee5 Mr P 5 Bateson Mr S F Briault Iresigned 1913120261 MrPMMMazas Mr A Vèstrini Mr W N Taylor IreSlEned 2013120251 Miss S Hope (appointed 20/3120251 Auditor5 Swindells LLP artered Accountants and Statutory Auditor Atlantic House 8 Bell Larbe Bellbrook Industrial Estate Uckfield East Su55ex TN22 IQL Solicitors Thomson, Snell and Passmore 3 Lon5dale Gardens Tunbridge We115 Kent TNI INX Bankers National Westminster Bank plc 89 Mount Pleasant Road Tunbridge Wells Kent TNI I( Triodos Bank NV Brunel House IlThe PrDmenade Bristol B58 3NN Page 8
The Mount Camphill Community Ltd (Registered number: 01004194 Report of the Trustees for the Year Ended 31 July 2025 STATEMENT OF TRusfEES' RESPONSIBILMES The trustee5 (who are also the directors of The Mount Camphill Community Ltd for the purposes of ompany lawl are sPonsIble for preparing the Report of the Tru5tee5 and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generallv Accepted Accountlng Practlcel Includlng Financlal Reportlng Standard 102 The Firkancial Reporting Standard applitable in the UK arbd Republic of Ireland" Company law requires the trustees to prepare financial statements fDr each financial year. Under that law, the trustees have elerted to prepare the financial statements in accordan with United Kingdom Generally Accepted Accounti Practice (United Kingdom Accounting Stsndards and applicable lawl. Under company law the trustees musr not approve the financial statements unless they a satisfied that they give a true and fair wew of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company forthat period. In preparingthose financial statements, the trustees are required to seled suitable accounting policies and then apply them consirtently,. observe the methods and principles in the Charities SORP; make Judgements and estimates that are reasonablo and prudent- prepare the financial statements on the going concem basis unless it 15 inappropriate to Psume that the chartsble company will contlnue in business. The trustees are r¥pon5ible for keeping proper accounting recor(15 which disclose with reasonable accuracy at any time the financial position of the charttable company and to enable them to ensure that the flnancial statements comply wfch the Companies Art 2(Y)6. They are also responsible for safeguarcllng the assets of the tharitable company and hen for taking reasonable Steps for the prevention and detettion of fraud and other irregularities. STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDrroRS 50 far as the trustees are aware, there is no relovant information las defined by SectSon 418 of the Companies Act 20061 of which the tharitsble company's audrtors are unaware, and each trustee has taken all the Steps that they ought to have taken as a trustee in order to make them aware of any audit information and to estsblish that the charitable companls auditor5 are awa of that information. Approved by order of the board of trustees on . and signed on its behalf by.. Mr A Vestrin stee Page 9
Report ol the Independènt Audltors tl) the Member5 of The Mount Camphlll Communtty Ltd Oplnlon We have audited the financial statements of The Mount Camphill Community Ltd Ithe 'charitable company'l for the year ended 31 July 2025 which comprise the Statement of Financial Activtties, the Balance Sheet, the Cash Flow Statement and notes to the financial 5tstements, including a Summary of significant accountin8 policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (Unrted Kingdom Genernlly Accepted Accounting Pratticel, in¢ludinE Financial Reporting Standard 102 'The Financial Reporting standard appllcable in the UK and Republic of Ireland,. In our opinion the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 July 2025 and of its incoming reK)urS and 3pplicatlDn of re5Durces, induding tts income and expenditure, for the year then nded; have been properly prepared in accordan wtth United Klngdom Generally ACpted Accounting Practice, including Financial Reportlng Standard 102 The Financial Reporting Stsndard appllcable in the UK and Republic of Ireland and have been prepared in accordan wr(h the requirements of the Companies Act 26. Basls for opinion We condurted our audit in accordar1 With InternatSonal Standards on Auditing IUKI I15S IUKII and applicable law. Our responslbilstse5 under those standards are further described in the Auditor5, responsibilities for the audit of the f1nancial statements sertion of our report. We are independent of the charitable company in accordance with the ethical requirements that are relwant to our audit of the financi315tatements in the UK, including the FRC'S Ethical Standard, and we have fulfi51ed our other ethical responslbilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to prowde a basis for our opinion. Conclusions relatlng to going concern In auditing the financial stdtements, we have concluded that the trustee5' use of the golrbg concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identtfied any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable companvs ability to continue as a going concem for a period of at least twelve months frown when the financial ststements are authorised for i55ue. Our responsibilities and the responsibilities of the trust wrth respett to going concern are described in the relevant sections of this report. Page 10
Reportofthe Independent Audltors to the Members of The Mount Camphill Community Ltd Other information The trustees are r@SPDnsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditor5 thereon. Dur opinion on the financial gtatements does not cover the other inforniation and. except to the extent otherwise explicth stated in our report. we do not expre55 any form of assurance conclusion thereon. In connection with gur audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtsined in the audit or otherwise appears to be materially mi55tated. FF we identify such material inconsisterbcies or apparent material misststements, we are required to detenmlne whether this gives rise to a materal misstatement in the financial statements themsefve5. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothingto report in this regard. Oplnlons on other matters prescrlbed by the Companies Art 2LM16 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Report of the Trustees for the finanaal year for whi¢h the financial statements are prepared is con51Stent with the financial statement5; and the Report ofthe Trustee5 ha5 been prepared in accordance with applicable legal requirements. Matters on which we are required to report by excepuon In the light of the knowledge and UndetandIng of the charttable company and its environment obtained in the course of the audit, we have nDt identtfied material misstatements in the Report of the Trustees. WÈ have nothing to report in respect of the following matters where the Companies Art 2006 requlres us to report to you if. in our opinion.. adequate accounting records have not been kept or returns adequate for Dur audit have not been received from branchès not wsited by us; Dr the financial statements are not in agreement with the accountiftg records and returns,. or certain disclosures of trustees, remuneration specified by law a not made,. or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to take advantsge of the small companie5 exemptlon from the requirement to prepare a Strategic Report or in preparing the RerM)rt of the Trustees. Responsibilities of ttee5 As explalned more fully in the Statement of Tru5tees' Responsibilitles, the trustees (who are also the direttor5 of the charitable company for the purposes of Company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such Internal contrDI as the trustees determlne is neSSary to enable the preparation of financlal statements that are free from material misstatement, whether due to fraud or error. In preparlng the financlal statements. the trustee5 are responsible for assesslng the charitable company's ability to continue a5 a going concem, dlsclosin& as applicable, matters related to going concem and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic akernativè but to do so. Page 11
Report of the Independent Auditor5 to the Members of The Mount Camphlll Communty Ltd Our re5ponsibSllties for the audit of the financial Statements Our objective5 are to Dbtain reasonable assurance about whether the financial strdtements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but 15 not a guarantee that an audit conducted in accordance wtth ISAS IUKI will alway5 detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or In the aggregate, they could reasonably be expecled to Influen the economic declsion5 Jf users tsken Dn the basis of these financial statements. Irregularrfcie5, inclLtding fraud, and instances of nonvcompliance with law5 and regulations. We design proTrdures in line with our responsibilities, outlined above, to detett material misstatements In respect of irregularwties, including fraud. The extent to which our procedures are capable of detecting irregularities, Including fraud Is detsiled below- the charity'5 Internal controls have been discussed and understood priorto our audit testing. Intemal controls have been tested throuEh walkthrDugh testin& to asses5 whether Eolltrols are adequate, whether they are bèing followed, and whether irregularities and fraud are prevented. representations have been prowded by management that there were no identified ca5e5 of fraud or instances of non-compliance during or since the accountlng period. substantive testing has been carried out to test the validity of trarbSaLtion5, With entrles in the accounting system vouched to correspondingthird party dwjmentation and evidence of appropriate authorisation. Because of the inherent limitations of an audrt. there is a risk that we will not detect all irregularities, Including those leadirbE to a material misstatement in the financial statements or non-compliance wlth regulation. This risk increases the more that compliance with a law Dr regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involve5 intentional conoalment, forgery, collusion, omission or misrepresentation. A ftjrther description of our responsibilities for the audit of the financial statements is located on the Financial Reporring Council's websiie at %wN4.frc.org.uklauditorsresponsibilities. This de5CriPtion forms part of our Report of the Independent Audttors. Page 12
Report ofthe Independent Auditors to the Members of The Mount Camphill Community Ltd Use of our report This report is made solely to the charitable wmpany's members. as a body, in accordance wlth chapter 3 of Part 16 of the Companie5 Act 2W6. Our audit work ha5 been undertaken so that we might state tD the charitable company's members those matters we a qUIred to state to them in an auditors, report and for no other purpose. To the fullest extent perniitted by law, we do not accèpt or assume SPonSIbl11ty tD anyone other than the charitable company and the charitsble companV5 member5 as a bodyi for our audit work, for this report or for the opinion5 we have formed. S £ Melanle Richardson BAIHonsl FCA (Senior Ststutory Audrtorl for and on behalf of Swindells LLP Chartered Accountants and Statutory Auditor Atlantic House 8 Bell Lane Bellbrook Industrial Estate Uckfield East Su55ex TN22 IQL Date.. Page 13
The Mount Camphill Communlty Ltd Statement of Hnan(lal Actlvltie5 fr>r the Year Ended 31 July 2025 2025 Total funds 2024 Total funds uNtritted Re5trirted funds funds Note5 INCOME AND ENDOWMENTS FROM Donations and legacies 7.155 81.685 88,840 92,619 Charitsble artivities ColleEe income Cohousing income 2,248.274 L416,015 2,248,274 1,416,015 2,031,356 1,326,668 Other tradlng activfties Investment income 91025 67,661 2,973 94,998 67,661 75,272 41,253 Total 3,831,130 84,658 3,915,788 3,567,168 EXPENDITURE ON Raising funds 14.358 14,358 7,108 Charitable attl¥ftles Staff costs Allocated support costs Governance costs 1.827,238 1,542,101 18,029 3.8 021 1,831,038 1,544,122 18,029 1.718,715 1,094,119 19,834 Total 3,401.726 5,821 3.407,547 2,839,776 INCOME Transfers between funds 429,404 97.394 78,837 197,3941 508,241 727,392 20 Net movement in fund5 526.798 118,5571 508,241 727,392 RECONCIUATION OF FUNDS Totsl fund5 brought forward 5,139,923 133,527 5,273,450 4,546,058 TOTAL FUNDS CARRIED FORWARD 5,666.721 114.970 5,781,691 5,273,450 The notes fom part of these financial statements Page 14
The Mount Camphlll Community Ltd (Registered number: 01004194) Balance Sheet 31 July 2025 2025 Total funds 2024 Totsl funds Unrestricted funds Restricted fund5 Notes FIXED ASSETS Tangible assets 3,368,946 3,368,946 3,350,099 CURRENT AS5Ers Work in progress Debtor5 Cash at bank and in hand 13 14 29.190 352,954 2,753,029 29,190 352,954 2,867,999 232,537 2,541,890 114,970 3.135.173 114.970 3,250,143 2,714,427 CREDoR5 Amounts falling due within one year 15 1253,7241 1253,7241 1204,2141 NET CURRENT ASSErs 2.881.449 114.970 2,996,419 2,570,213 TOTAL ASSEfs LESS CURRENT LIABIUTIES 6,250,395 114.970 6,365,365 5,920,312 CREDoR$ Amounts falling due after mgre than one year 16 1583,6741 1583,6741 1646,8621 NET AS5Ers 5,666,721 114,970 5,781,691 5,273,450 FUNDS Unrestricted funds Restrirted funds 20 5,666,721 114,970 5,139.923 133,527 TOTAL FUNDS 5.781,691 5,273,450 These financial statement5 have been prepad In accordance wtth the provision5 applicable to charitable companies subjert to the small companie5 regime. nan al statements were approved by the Board of Trurtees and authorised for issue o MrA V ni- Trustee The notes fomi part of these financial statements Page 15
The Mount Camphill Community Ltd Cash Flow Ststement forthe Year Ended 31 July 2025 2025 2024 Note5 Cash flows from operatlng acdvitles Cash generated from operation5 Interest paid 557.202 114.8971 872,IS7 123,1961 Net cash prowded by operating activities 542,305 848,971 Cash flows from investlng acllvltles Purchase of tsngible fixed assets S8le of tangible fixed a55et5 Interest received 1248,2761 22.788 67.661 1222,1171 700 41,253 Net 5h used in investing actNitie5 1157.8271 1180,1641 Cash flows from finandng activitres Loan repayments in year 158,3691 1355,3561 Net cash used in financing actbvities 158,3691 1355,3561 Change in cash and cash equlvalen15 In the reporting pèriod Cash and cash equivalents at the beglnnlng of the reportlng period 326,109 313,451 2,541,890 2,228,439 Cash and cash equivalents at the end of the reporknng period 2.867.999 2,541,8 The notes form part of these financial statements Page 16
The Mount Camphill Q)mmunlty Ltd Notes to the Cash Flow Stslement for the Year ErNleil 31July 2025 RECONCILIATION OF NET INCOME TO NEf CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net Income for the reportlng perlod las pÈrthe Statement of Flnanclal Actlvitlesl Adjustments for: Depreciation charges Loss on disposal of red assets Interest received Interest paid Foreign exchange movement Increase in work in progress Increase in debtor5 Increase in creditors 508.241 727,392 202.919 3,722 157,6611 14,897 11,2911 129.1901 1120,4181 45,983 186,868 3,904 141,2531 23,196 111,8271 165,2421 49,129 Net wh provlded by operatlons 557.202 872,167 ANALYSIS OF CHANGE5 IN FUNDS At 1.8.24 Cash flow At 31.7.25 Net cash Cash at bank and in hand 2,541.890 326,109 2,867,999 2,541.890 326,109 2,867,999 Debt Debts falling due within l year Debt5 falling due after l year 176,2231 1646.8621 13,5281 63,188 179,7511 1583,6741 1723,0851 59,660 1663,4251 Total 1.818,805 385,769 2,204,574 The notes form part of these financial statements Page 17
The Mount Camphlll Communty Ltd Notes to the Flnanclal Statements forthe Year Ended 31 July 2025 ACCOUNTING POLiaES Basls of preparingthe financlal ststements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared In accordance with the Charities SORP IFRS 1021 'Accounting and ReportlnE by Charities.. Statement of Retommended Prartice applicable to charltles preparing their accounts in accordance wlth the Financial Reporting Standard applicable In tiie UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial Reportirbg Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Art 2006. The financlal statements have been prepared under the historical cost convention. Income All income is recogni5ed in the Ststement of Financial Atttvities once the tharity has entitlement to the funds, it is probable that the income will be receNed and the amount can be measured reliablv. College and cohousing income compTi5e5 amounts receivable in re5pett of students and residents and is recogni5ed on an accruals basis. Government 8rdnts Grants receivable are recogni5ed when the charitable company has an entitlement to the funds and any conditions which are linked to the grants have been met. Where perfDmiance conditlons are attached to the grant and are yet to be meL the income 15 recognised as a liabilty and included on the balan sheet as deferred income to be released. Donated goods Goods donated for use by the community in carrying out its attivtties are recognised a5 tangible fixed assets, with the correspondirbg gain recognised as income from donation5 wlthin the Statement of Financial Activities. Donated goods held as tangible fixed 8s5et5 a subject to depreciation and amortisation over their useful economic life and reviewed for indications of Impairment at the balance sheet date. Expenditure Liabilities are recogrbised as expenditu as soon as there is a legal or construttive obligation committing the charity to that expenditure, it 15 probable that a transfer of economic benefits will be required in settlernent and the amount of the Dbligation can be MeaSud reliably. Expenditure is accounted for Dn an arcruals basi5 and has been dassifted urbder headin that aggregate all cc>st related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activitie5 on a ba515 con5i5tentwith the use of resources. Tangible fixed assets Depreciation is prowded at the following annual Tates in order to write Dff each asset over its estimated useful life. Freehold property Plant and machinery Motor vehicle5 Computer equipment 2.5% on cost 25% on reducing balance 25% on reducing balance 33% on cost Page 18 continued..-
The Mount Camphlll Communlty Ltd Note5 to the Hnanclal Statements- contlnued forthe Year Ended 31July 2025 ACCOUTrrnNG POUCIES- contlnued Workln pro8$ Work in progress represents the cost incurred to date on capital projects ongoing at the balance sheet date, which is measured at Cost. Taxation The charity 15 exempt from corporation tax on its charitable attivities. Fund accountlng Unrestricted funds ozn be used in accDrdance wtth the charttable objettNe5 at the discretlon of the trustees. Re5trlcted fund5 can only be used for particular restricted purposes within the object5 of the charity. Restriction5 arise when specified by the donor or when fvn(ts are raised for particular rtrIcted purpow. Further explanatlon of the nature and purpose of each fund 15 included in the notes to the financial statements. Fttelgn currencies A55ets and liabilitie5 in foreign currencies are translated into sterling at the rate5 of exchange ruling at the balancE sheet date. Trnnsactions in foreign CUTrencies are translated into sterfing at the rate of exchange ruling at the date of transaction. Exthange differences are taken into account in arriving atthe opèrating re5uP(. Pension costs and other post-retirement beneffts The charitable company makes contributions to employee5, personal pension schemes. Contributlons payable are charged to the Statement of Financial Activities in the period to which they relate. DONATIONS AND LEGAaES Donations and legacies during the yearwere received asfollows: Unrestrirted funds 2025 Restricted fijnds 2025 Totsl 2025 Totsl 2024 Regular giving and charitable donatlDn5 Government Erants 7.155 44,695 36,990 51.8SD 36,990 71,689 20,930 7,155 81.685 88,840 92,619 Page 19 continued.
The Mount Camphill Community Ltd Nots5 to the Flnawal Ststements- conllnued for the Year Ended 31 July 2025 OTHER TRADING AcllviTIES 2025 2024 Event5 income Tuck shop income Social enterprise sale5 Rental income 8,257 1,085 7,062 78,594 3,468 1,405 5,874 64,525 94,998 75,272 INVESTMEpif INCOME 2025 2024 Deposit account interest 67,661 41,253 INCOME FROM CHARITABLE AcrivmES 2025 2024 College income Cohousing income 2,248,274 1,416,DlS 2,031,356 1,326,658 3.664,289 3,358,024 EXPENDITURE ON CHARrrABLE AcfivmES Support tosts (see note 71 Direct Costs Totals staff costs Allocated sUPPOrt Costs Govemance cost5 1,831,038 1,831,038 1,544,122 18,029 1,544,122 18,029 1,831,038 1,562,151 3,393,189 Page 20 continued...
The Mount Camphill Community Ltd Notes to the Finan(aal Statements- continued for the Year Ended 31 July 2L)25 SUPPORTcosrs Govemance C05t5 Management Finance Totals Allocated support costs Governance costs 1.514,334 17,953 11,835 18.029 1,544,122 18,029 1.514,334 17,953 29,864 1,562,151 The charity identifies the cost of the support and governance fiJnction5. These are apportioned with reference to the key charftable activitles undertaken in the year. Support Costs, included In the above. are as follows.. Finan 2025 Allocated 5UPPOrt Costs 2024 Total actlvitles Bank charge5 Foreign exchange gainsllosses Bank loan interest Loan 4,347 11,2911 3,255 111,8271 8,539 14,557 14,897 17,953 14,624 Govemance costs 2025 2024 Allocated support costs Govemance Total activities Total attivities Tru5tees' expense5 Auditors, remuneration Legal fees 4,731 7.104 4,731 7.104 18.029 3,939 7,610 19.834 18,029 11,835 18.029 29,864 31,383 Page 21 continued...
The Mount Camphill Community Ltd Nots5 to the finanaal Ststements- ¢ontlnued for the Year Ended 31July 2025 INcOME/IEXPENDuREl Net inwme/(expenditurel is stated after Cha1nlIcred1tlng)'. 2025 2024 Audit of the accounts Depreciation- owned assets Deficit on disposal of fixed assets 7,104 202,919 3,722 7,610 186,868 3,904 TRUSTEES, REMUNERATION AND BENEFTfs During the year the charttable company paid personal expenditure on behalf of trustees as follows- Total 2025 Total 2024 Mr A ve5tnI 5,974 7,828 5,974 7,828 During the year the charitable company made trustee pension contributions as follows.. Total 2025 Total 2024 MrA Vestrini 5,351 5,139 5,351 5,139 The above transattions have been made to Trustees as Co-WOTkers, separate to their trusteeship, under the legal authority of the charitable company's Memorandum and Artides of A550ciation. Trustees, expenses 2025 2024 Trustees, expenses 4,731 3,939 Page 22 continued...
The Mount Camphill C¢mmunlty Ltd Note5 lo the Finanrial Statements- continued forthe Year Ended 31Juty 2025 10. STAFF COSTS 2025 2024 Wages ènd salaries Social securlty costs Other ponsion costs 1,599,260 137,060 94,718 1,508,811 112,841 97.063 1,831,038 1,718,715 The average monthty number of employees during the year was as follows.. 2025 53 2024 51 Employees No employees received emoluments in excess of £60,C. IL COMPARATIVES FOR THE sfATEMENT OF FINANaAL AcfiiryTIES Unrestricted fund5 Restrirted funds Total funds INCOME AND ENDOWMEiifs FROM Donations and legacies 11,662 80,957 92,619 Charhable actl¥ltles College income Cohousing income 2.031,356 1,326,668 2.031,356 1,326,668 Othertrading attwities Investment income 75.272 41,253 75,272 41,253 Total 3,486.211 80,957 3,567.168 EXPENDITURE ON Raising funds 7,108 7,108 Charitable activities Staff costs Allocated support Costs Governance costs 1,718,715 1.092.763 19.834 1,718,715 1,094,119 19,834 1,355 Total 2,838,420 L356 2,839,776 INCOME Transfers between funds 647.791 128.989 79,601 1128,9891 727,392 Net movement in funds 776.780 149,3881 727,392 Page 23 continued...
The Mount Camphlll Community Ltd Note5 to the finandal Ststements- continued for the Year Ended 31July Z025 11. COMPARATIVES FOR THE STATEMENT OF FINANCIALACT[vIES- contlnued Unrestricted funds Restricted funds Total fund5 RECONCIUATION OF FUNDS Total fvnd5 brought forward 4,363,143 182,915 4,546,058 TOTAL FUNDS CARRIED FORWARD 5,139,923 133,527 5,273,450 12. TANGIBLE FIXED PSSErs Freehold property Plant an(1 machinery Motor vehicles Computer equipment Totals COST At l August 2024 Addition5 Disposals 5,516,373 121,072 12,7371 503,903 32,169 124,5731 147.651 87,162 138,06D 71,983 7.873 115,2901 6,239,910 248,276 18D,6601 At 31 July 2025 5,634,708 511,499 196,753 64,566 6,407,526 DEPRECIATION At l August 2024 Charge for year Eliminated on disposal 2,347,935 137,940 409,114 27.819 121,9501 80,955 25,750 118,6951 51,8D7 11,410 113,5051 2,889,811 202,919 154,1501 At 31 July 2025 2.485,875 414,983 88,010 49,712 3,038,580 NET BOOK VAWE At 31 July 2025 3.148,833 96.516 108,743 14,854 3,368.945 At 31 July 2024 3,168,438 94,789 66,696 20,176 3,350,099 Page 24 continued,.
The Mount Camphill Communlty Ltd Plote5 tothe Flnandal Ststements- continued for the Year Ertded 31July 2025 13. WORK IN PROGRESS 2D25 2024 Work in progress 29,190 14. DEBTORS: Amoupifs FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Other debtDrs Prepayments and accrued income 272,921 55 79,978 163,175 2,387 66,975 352,954 232,537 15. CREDITORS: AMOUNTS FALUNG DUE IwfHIN ONE YEAR 2025 2024 Other loans Isee note 171 Trade creditors Social secuflty and other taxes Other creditors Accnjals and deferred Income 79.751 59,437 31.965 10.673 71,898 76,223 60,086 24,838 6,438 36,629 253.724 204,214 16. CREDrroRS: AMOUTrtrs FALLING DUE AFfER MORE THAN ONEYEAR 2025 2024 Other loans (see note 171 583,674 646,862 17. LOANS An analysls of the maturity of loans is given below: 2025 2024 Amounts falling due within one year on demand.. Other loans 79,751 76.223 Amounts falling between one and two year5= Other loans- 1-2 years 81,358 77,760 Amounts falling due between 10 and fNe years.. Other loans- 2-5 years 342.322 251,241 Page 25 continued...
The Mount Camphlll Community Ltd Note5 to the Hnandal Statements- conlinued for the Year Ended 31 July 2025 17. LOANS- contlnued 2025 2024 Amounts falling due in more than five years.. Repayable by in5talments'. Other loan5 rnore 5yr5 in5ts1 159,994 317,861 Other loan5 relate to a concessionary loan upon which interest is charged at a rate of 2% per annum. This loan is repayable by instalments over 12 years to lune 2033. The loan is secured by way of a legal charge Dver Pond House, one of the charitsble company's freehold properties and a floating charge over all other property. 18. LEASING AGREEMETrtrs At the balance sheet date the tharltable company had iotsl commitments ¥Jrkder operating leases of £23,38512024.. £3,078). 19. SECURED DEBTS The following secured debts are included within creditors: 2025 2024 Other loans 663,425 723,085 Other loans of £663.425 12024- £723,805) are secured by way of a legal charge over Pond House, another of the charitable compan5 freehold properties. Page 26 continued...
The Mount Camphill Community Ltd Notes to the Financial Statements- contlnued for the Year Ended 31 July 2025 MOVEMENT IN FUNDS Net movement in funds Transfèrs between funds At 31.7.25 At 1.8.24 Unrestrlcted funds General fund Building maintenance and sustainability reserve Friend5 of the Mount 5.019.356 423.906 106,539 5,549,801 ioo,o 20.567 loo,000 16,920 5.498 19.1451 5.139.923 429,404 97,394 5,666,721 Restricted funds ESFA 16-19 Bursary fund ESFA Devolved formula capital fund ESFA Schools condTtion allocation fund Other restrlcted funds Pond House Boardwalk fund Carbon Foodprint Reduction projert Minibus Appeal fund Pond House SwimmSng Pool Biography Retreat 32,274 34,226 11,7221 4,962 25,OlX 13,562 11,7421 129,3151 28,810 9,873 25,000 16,889 5,592 I2,C0 875 13,891 3,327 5,592 12,rKK) 51,7(K) 7.349 27,646 2.040 158,1741 113,7551 133,527 78,837 197,3941 114,970 TOTALFUNOS 5,273,450 508,241 5,781,691 Page 27 continued...
The Mount Camphill Community Ltd Notss to the Flnancial 5tatements- conttnued for the Year Ended 31 July ZOZ5 20. MOVEMENT IN FUNDS- Continued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund Friends of the Mount 3,824,036 13,4W,1301 11,5961 423,906 5,498 3.831,130 13,401,726) 429,404 Restricted funds ESFA 16-19 Bursaryfund ESFA Devolved fom)ula capital fund E5FA Schools condition allocation fund Other restricted funds Minibus Appeal fund Pond House Swimming Pool iography Retreat 3.028 4,962 25,OtJ) 13,562 7,349 27,646 3,111 14,7501 11,7221 4,962 25,000 13,562 7,349 27,646 11.0711 84,658 15,821} 78,837 TOTAL FUNDS 3.915,788 13,407,547) 508,241 Page 28 continued...
The Mount Camphill C¢mmunlty Ltd Notes to the Anancial Statements- contlnued for the Year Ended 31 July 2025 MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in funds Transfers between funds At 31.7.24 At 1.8.23 Unrestrlcted fund$ General fund Building Maintenan and sustainability reserve Friends of the Mount 4.247.467 639,812 132,on 5,019,356 iOD,(MYJ IcLJ,000 20,567 7.979 13.0881 4,363.143 647,791 128,989 5,139,923 Restrlrted funds ESFA 16-19 Bursary fund ESFA Devolved formula capital fund ESFA Schoo15 condition allocation fund Pond House/cohousing development fund other restricted funds Pond House Boardwalk fund Pond House Landscaping ftjnd Carbon Foodprint Reduction project Minibus Appeal fund 30,602 16.324 14.434 1.672 17,902 32,274 34,226 114,4341 38,491 1,139 13,750 56,175 12.C 5,OLKJ 3.327 143,4911 11,1391 113,7501 156,1751 3,327 12,000 51,700 51.700 182,915 79,601 1128,9891 133,527 TOTAL FUNDS 4.546,058 727.392 5,273,450 Page 29 CDntlnued...
The Mount Camphlll Community Ltd Notes to the Flnancial Statements- COnnUe fi)rthe YEar Ended 31 Juty 2025 20. MOVEMENT IN FUNDS- CDntinued Comparative net movement in furbd5. included in the above are a5 follows: Incomine resour5 Resources expended Movement in funds Unrestricted funds General fund Friends of the Mount 3,478,232 7.979 12,838,420) 639,812 7,979 3,486,211 12,838,420) 647,791 Restricted funds ESFA 16-19 Bursary fund ESFA Dèvolved formula capital fund Pond House/cohousing development fund Other restricted funds Minibus Appeal fund 3.028 17,902 11.3561 1,672 I7,2 s,0) 3,327 51,700 5,000 3.327 51,700 80,957 11,3561 79,601 TOTAL FUNDS 3,567,168 12,839.7761 727,392 The ESFA 16 to 19 Bursary Fund provides financial support to help students overcome the speciflc financial barriers to participation they fa, so they can remain in education. Bursarie5 are based on financial hardship and factor5 limiting a(55 to education. The ESFA Devolved Formula Capital 15 direct funding for individual institution5 to maintain thelr buildlngs and fund small scale capital projects. The ESFA School ConditlDn Allocation should be PriOTit15ed in keeping school buildings safe and in good working order by tackling poor buildinE CondOn, building compliance, energy efficiency, and health and safèty issues. The Pond House/Cohousing Development Fund contsins a residual sum to be used withln tohousing. The Pond House Boardwalk nd is for the improvement of the Boardwalk at Pond House. The Carbon Footprint Reduction project is donations received last year specffitally for carbon footprint rÈdurtion at the Mount premises. Other restricted funds represent monies raised for the puhase of one off items. In 2025 thls includes furtherfundraising foran outdoor Trim Trail to promote physical frtne55 and wellbeing. The Minibus Appeal fund is holding a residual amount to be used on the minibus or deliver training as required. The Pond House Swimming Pool fund is being used to reinstate the swimming pool. Page 30 continued..-
The Mount Camphlll Community Ltd Notesto the Financlal Slatements- contlnued for the Year Ended 31 July 2025 MOVEMENT IN FUNDS- Continued The Biography Retreatfijnd is used forthe annual off-srte residentièl outing for the older students. Transfers betsveen funds Transfers between fund5 have been made in respect of capital expenditure incurred using restrictsd funds for restricted purposes. Assets which are purchased using restricted funds which are then held for general rather than restritted purposes have been transferred from restricted to unrestricted fund5. 21. RELATED PAirtY DISCLOSURES There were no related partytransaction5 forthe year ended 31 ju 2025. Page 31