REGISTERED CHARITY NUMBER: 310496
[4 Knights Lowe
Chartered Accountants & Business Advisers
ort of the Trustees and
Fi
rEnd
31
20
Chadacre
ricultural Trust
Knights Lowe Limited
Eldo House
Kemp50n Way
Suffolk Business Park
Buryst Edmunds
Suffolk
IP32 7AR
Eldo House. Kempgon W3y. Suffolk Busin055 Paik
Bury St £drn￿nds, Suffolk, IP32 7AR
. 01284 701300
infoP.knight51vwe£o.uk
.-b knight51owe.co.uk

Cha
acre
icultural Trust
Contents of the Financlal Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
Report of the Independent Auditors
Statement of Financlal Artlvltles
Balan￿ Sheet
Notes to the Financial Statements
10 to 16
Detailed Statement of Financial Aetivities
17

hadacre
Airicultural Trust
Re
ort of the Trustees
for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The
trustees have adopted the provisions of Accotbnting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 1021 (effective l January 2019}.
OBJECTIVES AND ACTIVITIES
The objerts of the Trust are to advance the education of the public in all aspects of agriculture and farming by
providing grants for training and research. In this context, agriculture and farming include the relevant sciences and
practical crafts involved in farming and land management, and a150 in any ancillary trades, together with nature
conservation. These objects are set out in full in Section 4 of the Deed of Variation of 1990. In keeping with the ethos
of the Trust's forerunner, the Chadacre Institute, priority is given to those studying practical training courses which
prepare them for employment on farms.
To achieve these objects. the Trust encourages application by individuals for grants for trainin& if they are not eligible
for State-funded grants. It also encourages applications by agricultural research institutions for grant-aid for research
projects (preferably conducted by young people starting their careers in research) that are likely to have a practical
outcome for farming. Applications for grants by bodies intending to educate the public about the interaction between
agriculture and nature conservation are also aC￿pted.
The Govemors confirm that they have referred to the guidance contsined in the Charity Commission's general
guidance on public benefit when reviewing the Trust's aims and objectives and in reviewing the grant making poliry.
Applications for grants are made to the Administrator, who obtains all appropriate information about each application
and presents them to the Governing Body at the quarterly meetings for approval or rejertion. She then takes the
consequential action.
ACHIEVEMENTS AND PERFORMANCE
Of the £166.489 disbursed as grants. £46.961 was dispensed in helping students receive training in agriculture and
associated activities. including degree courses, apprenticeships, and short practical courses such as BASIS Certificate in
Crop Protection.
£27.910 was awarded in grants to individuals attending courses including the Worshipful Company of Farmers,
Challenge of Rural Leadership. and to organisations such as the Young Farmers, Clubs to support the training of youn8
people.
£56,463 was allocated as grant aid for research projects including those at the Universities of Hertfordshire,
Nottingham, Lincoln, and Cambridge, and Rothamsted Research.
£35,155 was awarded to organisations including the Suffolk, Norfolk and Essex Agricultural Associations, and to the
Country Trust, to support the education events they run for primary and secondary school pupils.
Approval was also 8iven for further grants to be issued during the ensuing three years.
(The grant figures shown above were those paid, whereas the Financial Ststements show grants as the initial
commitment is entered into.)
No land or other tangible assets were sold in the year reported on, such assets now only amounting to 0.65ha of bare
land which is let for grazing.
The value of the Trust's investment fund at 31 March 2025 was £6,739,846 compared with £7,120,406 in 2024.
Further information on the Trust is available on the website www.chadacre-trust.org.uk
Page I

Chadacre
cuttural Trust
Report of the Trustees
for the Year Ended 31 March 2025
5fRUCTURE, GOVERNANCE AND MANAGEMENT
Legal and Administrative Information
The Trust was formed on Ilth Ortober 1990 by a Variation of the Deed of Trust and Constitution of July 1920. which
had created the Chadacre 4gricultural Institute (closed down before the Deed of Variation was signed). The trustees
are incorporated as a Governing Body.
Members of the Governing Body are people selected for their broad experience and knowledge of the needs of the
agricultural industry for appropriately trained personnel, for research, education and education of the public, and for
their knowledge of related issues such as nature conservation, and diversification.
The admini5tr3tion was carried out by Dr H G Smith on a self-employed contractual basis, working at the following
address.. 7 Manor Farm Lane. Drayton, Market Harborough, Leics. LE16 8SW
The capital fund of the Trust is held by CCL4 Investment Management Ltd, Senator House, 85 Queen Victoria Street,
London EC4V 4ET. The capitsl is invested in the Charities Ordinary Investment Fund ICOIFI of CCLA.
The income due to be expended imminently by the Trust is held in a current account at Barclays Bank PLC, 20-21
Cornhill, Bury St Edmunds, Suffolk, IP33 IDY.
Paragraph 3 of the Variation of the Deed of Trust states that "The Governing Body shall hold the capital and income of
the Trust Fund upon trust to apply the income and all or any part or parts of the capital as the Governing Body may
from time to time think fit for or towards such charitable purposes as are hereinafter described"
The Trust forecasts its liabilities for up to three years ahead by the quarterly updating of a rolling forward cash flow
predirtion.
The Trust's Auditor is Knights Lowe Limited. Eldo House, Kempson Way, Suffolk Business Park, Bury St Edmunds, IP32
7AR
Solicitors acting for the Trust are Greene and Greene, 80 Guildhall Street, Bury St Edmunds, Suffolk. IP33 IQB.
An Annual General Meeting is held immediately before the autumn quarterly meetin8 of the Governing Body. The
Governors also meet with Asset Management staff once a year, to consider the performance of the capital investments
and to make changes to portfolio management policy. The Administrator conducts all correspondence with the asset
management company, all Governors also receive quarterly asset management reports, and all cheques for payments
by the Trust to individuals are countersigned by a Governor.
Online banking payments to organisations such as Universities are countersigned by a Governor on the Trust's Barclay5
Bank statements.
The Trust is not dependent upon donations or the services of unpaid volunteers. apart from the unpaid time spent bv
the Governors in connection with the operation of the Trust. The Governors have identified the major risks to the
Trust and confirm that procedures have been established to manage those risks.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
310496
Prlnclpal address
7 Manor Farm Lane
Drayton
Market Harborough
Leicestershire
LE168SW
Page 2

Chadacre
ricultural Trust
Re
.ort.of the Trustees
for the Year Ended 31 March 2025
Trustees
The Rt Hon The 4th Earl of Iveagh (Chairman)
J Wallace (Deputy Chairman)
Mr D E Barker M8E
Mrs S Bendall BEM
Profe550r K W Jaggard
Mr R Garnham
Mr L H Hargreaves
Mr C Pwalters
Auditors
Knights Lowe Limited
Eldo House
Kempson Wav
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR
STATEMENT OF TRUSTEES. RESPONSIBILtriES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustee5 to prepare financial statements for each financial year. Under that law, the trustees
have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting
Practice (United Kingdom Accounting Standards and applicable law}.
Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true
and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including
the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are
required to
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and prudent:
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any
time the financial position of the charity and to enable them to ensure that the financial statements comply with the
Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for
safeguarding the asset5 of the charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
Approved by order of the board of trustees on 4 November 2025 and signed on its behalf bv..
Mr R Garnham- Trustee
o&l,, lkn££
Page 3

rt of the Inde
ndent Auditors to the Trustees of
Chadacre_&ricultural Trust
Opinion
We have audited the financial statements of Chadacre Agricultural Trust (the 'charity'l for the year ended
31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial
statements, including a summary of significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally
Accepted Accounting Practicel.
In our opinion the financial statements-.
give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and
application of resources, for the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Prartice: and
have been prepared in accordance with the requirements of the Charities Art 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKI} and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the
financial statements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard,
and we have fulfilled our other ethical restx)nsibilities in accordance with these requirements. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to golng con¢em
In auditing the financial staternents, we have concluded that the trustees, use of the going concern basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sertions of this report.
Other Information
The trustees are responsible for the other information. The other information cornprises the information included in
the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial ststements, 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 obtained in the audit or otherwise appears to be materially misststed. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material
misstatement in the financial ststements themselve5. If, based on the work we have performed, we conclude that
there is a material misststement of this other information, we are required to report that fact. We have nothing to
report in this regard.
Matters on whlch we are requir￿ to report by exception
We have nothin8 to report in respert of the following matters where the Charities (Accounts and Reports) Regulations
2008 requires us to report to you if, in our opinion..
the information given in the Report of the Trustees is inconsistent in any material respect with the financial
statements,. or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the accounting records and returns: or
we have not received all the information and explanations we require for our audit.
Page 4

Report of the Independent Auditors to the Trustee5 of
ChadaCre￿r1CUltUral Trust
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees are responsible for the preparation
of the financial statements which give a true and fair view, and for such internal control as the trustees determine is
necessary to enable the preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a
going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of
accounting unle55 the trustees either intend to liquidate the charity or to cease operations, or have no realistic
alternative but to do so.
Page 5

rt of the Inde
ndent Auditors to the Trustees of
Chad3cre￿riCuItUra1 Trust
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Att 2011 and report in accordance with the Act
and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements 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 is not a guarantee that an audit conducted in
accordance with ISA5 IUKI will always detect a material misststement when it exists. Misstatements can arise from
fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to
infSuence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud
and non-compliance with law￿ and regulations, was as follows..
the engagement partner ensured that the engagement team collectively had the appropriate competence,
capabilities and skills to identify or recognise non-compliance with applicable laws and regulations-
we identified the laws and regulations applicable to the company through discussions with direttors and other
management, and from our commercial knowledge and experience of the companies operating sector,.
we focused on specific laws and regulations which we considered may have a direct material effect on the financial
ststements or the operations of the company, including the Companies Act 2006, taxation legislation, data protection,
3nti-bribery, employment, environmental and health and safety legislation;
we assessed the extent of compliance with the la￿ and regulations identified above through making enquirie5 of
management and inspecting legal correspondence,. and
identified laws and regulations were communicated within the audit team regularty and the team remained alert to
instances of non-compliance throughout the audit.
We assessed the susceptibility of the company's financial ststements to material misstatement, including obtaining an
understanding of how fraud might occur, by..
making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of
actual, suspected and alleged fraud-
considerin8 the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
performed analytical procedures to identify any unusual or unexpected relationships,.
assessed whether judgements and assumptions made in determining the accounting estimates were indicative of
potential bias: and
investigated the rationale behind significant or unusual transartions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which
included, but were not limited to-.
agreeing financial statement disclosures to underlyin8 SUPPOrtin8 documentation-
reading the minutes of meetings of those charged with governance,.
enquiring of management as to artual and potential litigation and claims,.
reviewing correspondence with HMRC, relevant regulator and the company's legal advisors.
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations
are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards
also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the
direttors and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may
involve deliberate concealment or collusion.
Page 6

Re
ort of the Inde
endent Auditors to the Trustees of
Chadacre
ricultural Trust
A further description of our responsibilities for the audit of the financial statements is Ioc3ted on the Financial
Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of our Report of the
Independent Auditors.
Use of our report
This report is made solely to the charity's twstees. as a body, in accordance with Part 4 of the Charities {Accounts and
Reports) Re8ulations 2CX)8. Our audit work has been undertaken so that we might state to the charity's trustees those
matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's
trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Knights Lowe Limited
Eldo House
Kempson Wav
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR
4 November 2025
Page 7

Chadacre
ricultural Trust
Statement of Financial Activities
for the Year Ended 31 March 2025
2025
Unrestricted
fund
2024
Total
funds
Note5
INCOME AND ENDOWMENTS FROM
Investment income
Other income
193.223
660
190.655
1,810
Total
193,883
192.465
EXPENDITURE ON
Charitable activities
Expenditure on charitable activities
110.211
241.946
Other
14,2S3)
Total
105,958
241,946
Net gainslllosse51 on investments
{334,813)
590,976
NEf INCOME/{EXPENDITURE)
1246,888
541,495
RECONCILIATION OF FUNDS
Total funds brought forward
6,999,795
6,458.300
TOTAL FUNDS CARRIED FORWARD
6,752,907
6.999.795
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
All income and expenditure has arisen from continuing activities and are allocated to the unrestricted fund.
The notes form part of these financial statements
Page 8

Chadacre
icultural Trust
Balance Sheet
31 March 2025
2025
Unrestrirted
fund
2024
Total
funds
Notes
FIXED ASSETS
Tangible assets
Investments
6,739,846
7,120,406
6.739,847
7,120,407
CURRENT ASSETS
Stocks
Debtors
Cash at bank
2.010
1,790
47,847
29,105
73,559
123,569
78,742
CRED￿oRs
Amounts falling due within one year
io
184,509)
1116,4791
NET CURRENT ASSErs
39.060
137,7371
TOTAL ASSEfs LESS CURRENT LIABIUTIES
6,778,907
7,082,670
CREDITORS
Amounts falling due after more than one year
li
(26,OtK)}
182,8751
NET ASSETS
6,752,907
6,999,795
FUNDS
Unrestricted funds
12
6,752,907
6.999.795
TOTAL FUNDS
6.752,907
6.999,795
The financial statements were approved by the Board of Trustees and authorised for issue on 4 November 2025 and
were signed on its behalf by=
loig
Mr R Garnham-Trustee
The notes form part of these financial statements
Page 9

Chadacre
ricultural Trust
Notes to the Financial Statemerrts
for the Year Ended 31 March 2025
AccouKnNG POLICIES
Basis of preparlng the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial
Reportin8 Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Charities Act 2011. The financi31 statements have been prepared under the historical cost convention, with the
exception of investments which are included at market value, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activitie5 once the charity has entitlement to the funds, it
is probable that the income will be received and the amount can be measured reliablv.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accrua15 basis
and has been classified under headings that aggregate all cost related to the category. Where costs cannot be
directly attributed to particular heading5 they have been allocated to activities on a basis consistent with the
Use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment
but not accrued as expenditure.
Tangible fixed assets
The remaining property of the Chadacre Estate, comprising 0.65 ha of bare land (consisting of a small field and
a plot between two houses) is included in the accounts at a nominal value of £1. No provision is made for
depreciation. The trustees have not quantified the difference between market value and nominal value. Other
tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation
and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the
useful economic life of that asset as follows..
OFfice equipment
25% straight line
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.
Taxation
The charity is exempt from tax on its charitable attivities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purp05e5 Within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 10
continued..

Chadacre
rlcultural Trust
Notes to the Financial Statements - continued
for the Year Ended
l March 2025
ACCOUMnNG POLICIES- continued
Flnanclal instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual
provisions of the instruments. Basic financial instrument are initially recognised at the amount receivable or
payable including any related transaction costs, unless the arrangement constitutes a financing transaction,
where it is recognised at the present value of the fLrture payments discounted at a market rate of interest for a
similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other
consideration experted to be pad or recieved and not discounted. Where investments n shares or preference
shares are publicly traded or their fair value can otherwise be measured reliably, the investment is
subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other
such investments are subsequently measured at cost less impairment.
Golng Concern
At the time of approving these financial statements, the trustees have a reasonable expettation that the charity
has adequate resources to continue in operational existence for a period of at least the next twelve months.
Thus the trustee5 continue to adopt the going concern basis of accounting in preparing these financial
statements.
Judgements and key sources of estimation uncertainties
The preparation of the financial statements requires management to make judgements. estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and
are based on experience and other factors, including expectations of future events that are believed to be
reasonable under the circumstsnces.
Incoming resources
All incoming resources are included in the Statement of Financial Artivities when the charity is legally entitled to
the income after any performance conditions have been met, the amount can be measured reliably and it is
probable that the income will be received.
Resources expended
Expenditure is reco8nised when a legal or constructive obligation arises. In the case of multi-year grants,
provisions is made for grants payable in future years where such an organisation exists at the balance sheet
date, in accordance with the SORP.
INVESTMENT INCOME
2025
2024
Investment income
Deposit account interest
192,757
466
190,585
70
193,223
190,655
Page 11
continued...

Chadacre
icultural Trust
Notes to the Financial Statements- continued
for the Year Ended 31 Marth 20Z5
AUDITORS, REMUNERATION
2025
2024
Fees payable to the charity's auditors for the audit of the charity's financial
Statement5
4,056
3,936
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year
ended 31 March 2024.
The administration is carried out on a self-employed contractual bas15. The Trust employs no staff.
TNstee5' expenses
Travel and meeting venue hire expenses of £992 were reimbursed to trustees during the year. No emoluments
were paid to trustees.
COMPARATIVES FOR THE STATEMENT OF FINANaAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Investment income
Other income
190.655
1,810
Total
192,465
EXPENDITURE ON
Charitable artivltles
Expenditure on charitable activities
241,946
Net gains on investments
590,976
NET INCOME
541.495
RECONCILIATION OF FUNDS
Total fund5 brought forward
6,458,300
TOTAL FUNDS CARRIED FORWARD
6,999,795
Page 12
continued...

Chadacre
ricultural Trust
Notes to the Financial Statements - continued
for th Year Ended
l March 2025
TANGIBLE FIXED ASSErs
Freehold
property
Computer
equipment
Totals
COST
At l April 2024 and 31 March 2025
2,589
2,590
DEPRECIATION
At l April 2024 and 31 March 2025
2,589
2,589
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
FIXED Ass￿ INVESTMENTS
Listed
investments
MARKEf VALUE
At l April 2024
Disposals
Revaluations
7,120,406
145,747)
1334,813)
At 31 March 2025
6,739,846
NET BOOK VALUE
At 31 March 2025
6,739,846
At 31 March 2024
7.120,406
There were no investment assets OLrtside the UK.
Cost or valuation at 31 March 2025 is represented by:
Listed
investments
Valuation in 2025
6,739,846
Page 13
continued..

Chadacre
icultural Trust
Notes to the Financial Statements- continued
for the Year Ended 31 March 2Q25
STOCKS
2025
2024
Finished goods
2,010
1,790
Stock comprises books for resale.
DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Other debtors
47,847
io.
CREDrroRS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2025
2024
Other creditors
84,509
116,479
ii.
CREDrroRS: AMOUNTS FALUNG DUE AFfER MORE THAN ONE YEAR
2025
2024
Trade creditors
26,000
82.875
12.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
General fund
6,999,795
1246,888)
6.752,907
TOTAL FUNDS
6,999,795
(246m)
6,752,907
Net movement in funds, included in the above are as follows-
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlrted funds
General fund
193,883
(105,958)
1334.813)
1246,8881
TOTAL FUNDS
193,883
1105,958}
1334,813)
(246,8881
Page 14
continued...

Chadacre
icultural Trust
Notes to the Financlal Statements- continued
for the Year Ended 31 March 2025
12.
MOVEMENT IN FUNDS- continued
Comparatlves for movement in funds
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestrirted funds
General fund
6,458,3CK)
541,495
6,999,795
TOTAL FUNDS
6,458,300
541.495
6,999,795
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
192,465
1241,9461
590,976
541,495
TOTAL FUNDS
192,465
1241,9461
590.976
541,495
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
31.3.25
At 1.4.23
Unrestrirted funds
General fund
6,458,300
294,607
6,752.907
TOTAL FUND5
6,458,300
294,607
6,752,907
A current year 12 months and prior year 12 months combined net movement in funds, included in the above
are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrfrted funds
General fund
386.348
1347.9041
256,163
294,607
TOTAL FUNDS
386,348
1347,9041
256.163
294,607
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continued...

Chadacre
ricultural Trust
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
13.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 16

Chadacre
ricuttural Trust
Detailed Statement of Financial Artivities
for the Year Ended 31 March 2025
2025
2024
INCOME AND ENDOWMENTS
Investment income
Investment income
Deposit account interest
192,757
466
190,585
70
193,223
190,655
Other income
Rental income
Centenary book income
1,550
260
160
1,810
Total Incomlng resources
I93￿3
192,465
EXPENDITURE
Charitsble acttvities
Administrator's fee
Travelling & Marketing expense
Bank charges
Website & Promotion expense
Centenary books
Grants to institutions
Grants to individuals
26,737
992
119
27,633
1,054
128
263
430
119,610
88,892
(220)
19,865
57,778
106.155
238,010
Other
Profit / (Loss) on Sale of Listed Investments
14,253)
Support Costs
Governan￿ costs
Auditors, remuneration
4,056
3,936
Total resources expended
105,958
241.946
Net incomellexpendlturel
87,925
149,4811
This page does not form part of the statutory financial statements
Page 17