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||Page|
|---|---|
|TrusteestReport|Itoz|
|IndependentExaminer's Report|3|
|Statement of tr'inancialActivities|4|
|BalanceSheet|5|
|Notesto theFinancialStatements|6to10|





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|||2025|2024|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|c|f|
|INCOME AND ENDOWMENTSFROM||||
|Donationsand legacies|3|18,686|464,818|
|Investment income|4|32,236|20,416|
|Total||50,922|485,294|
|EXPENDITUREON||||
|Raisingfunds|5|10,953|6,552|
|Charitable activities|6|||
|Agriculturaleducation||1,436|55,4t4|
|Total||12,399|61,966|
|Netgainson investments||33,458|58,337|
|NETINCOME||71,991|481,665|
|RECONCILIATIONOF FUNDS<br>Totalfundsbroughtforward||1,026,880545,215||
|TOTALFUNDSCARRIED FORWARD||1,098,871|1,026,880|





||2tt25|2024|
|---|---|---|
||Unrcsfrictctl|'I'otal|
||funrl|lirnt.ls|
||I|L|
||t,.t47J32|<br>948,966|
||1,0.16|1.476|
|.!a.i...:|51,47'|77,644|
||52,477|78,676|
||(7e8)|(762)|
||sl,7t9|77,914|
||1,098,871|1,026,884|
||1,098,871|1,026,880|
||1,098,&71|t,026,8tJ0|
|||1,026,880|





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|3.|DONATIONSAND LEGACIES|||
|---|---|---|---|
|||2025f|2024<br>f,|
||Donations|17,903|18,344|
||ciftaid|ttr_|164|
||Legacies||445,710|
|||_t8f86|464,818|
|4.|INVESTMENT INCOME|||
|||2025t|2024<br>f|
||Portfolioincome|31,509|t9,974|
||Deposit aacount interest|727|502|
|||32,236|20,476|
|5.|RAISINGF'UNDS|||
||Raising donations andlegacies|||
|||2025f|2024<br>f|
||Eventcosts|4,045|1,744|
||Investment managementcosts|||
|||202s|2024|
|||f|f|
||Iuveshnentrnanager fees|6,908|4,909|
||Aggregate amounts|10,953|6,552|
|6.|CHARITABLEACTIVITIESCOSTS|||
||||Support|
||||costs(see|
||||note8)|
||||f|
||Agriculturaleducation||1,436<br>:|





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|7.|DIRECTCOSTS OFCHARITABLEACTIVITIES||||
|---|---|---|---|---|
||||2025f|2024<br>f|
||Course expenses|||54,322|
|8.|SUPPORTCOSTS||||
||||Govemance||
|||Management|costs|Totals|
|||f||f.|
||Agriculturaleducation|620|816|1,436|
|||-|||
||Supportcosts,includedinthe above,areasfollows||||
||Management||||
||||2025|2024|
||||Agricultural|Total|
||||cducation|activities|
||||f|f|
||lnsurance||209|r80|
||Sundries||148||
||Website||263|138|
||||620|318|
||Governancecosts|||-|
||||2025|2024|
||||Agricultural|Totai|
||||edncation|activities|
||||f|f|
||Independent examiner'sfees||816|774|



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|FIXEDASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
||f.|
|MARKET VALUE||
|AtlstOctober 2024|948,966|
|Additions|254,016|
|Disposals|(179,984\|
|Revaluations|24,154|
|At30thSeptember2025|1,047,152|
|NETBOOK VALUE||
|At3Oth September2025|1,047,152|
|At30thSeptember2024|948,966|



|t2,|DEBTORS: AMOUNTSFALLINGDUEW|ITHINONEYEAR|||
|---|---|---|---|---|
||||2025|2024|
||||f|f|
||Tax||1,046<br>:|1,076<br>:|
|13.|CR-EDITORS;AMOUNTSFALLINGDUEWITHINONEYEAR||||
||||2025<br>f|2024<br>f|
||Other creditors||798|762|
|14.|MOVEMENT INFUNDS||||
||||Net||
|||At|movement|At|
|||1.t0.24|infunds|30.9.25|
|||f,|f,|f|
||Unrestrictedfunds||||
||Generalfllnd|1,026,880|71,991|1,098,871|
||TOTALFUNDS|1,026,880|71,991|1,098,971|





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|Net rrovementinfunds,includedin|the above areasfollows:||||
|---|---|---|---|---|
||lncoming|Resources|Gainsand|Movement|
||resources<br>f|expended<br>f|losses<br>fL|infunds<br>f|
|Unrestrictedfunds<br>Generalfund|50,922|(12,389)|<br>33,458|71,991|
|TOTALFUNDS|50,922|(12,389)|33,458|71,991|



|Comparativesformovementinfund|s|||||
|---|---|---|---|---|---|
|||||Net||
||||At|movement|At|
||||1.t0.23|infunds|30.9.24|
||||f|f|f.|
|Unrestrictedfunds<br>Generalfund|||545,215|48I,665|I,026,880|
|TOTALFUNDS|||545,215<br>:|481,665|I,026,880<br>:|
|Comparativenetmovementinfunds, includedinthe||aboveareasfollows:||||
||Incoming||Resources|Gainsand|Movement|
||resourcesexpended<br>ff|||losses<br>f.|infunds<br>f|
|Unrestrictedfunds<br>Generalfund|485,294||(61'966)|58,337|<br>48t,66s|
|TOTALFUNDS|485,294<br>:||(61,966)|58,33"1<br>:|481,665<br>:|



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