2024-09-30-accounts

Charity Commission Direct PO Box 1227 Liverpool L69 3UG 26 June 2025 Dear Slrs Re: Farnham Castle Charity Commission Reference No: 313648 Please find enclosed the Flnancial Statements for the year-ended 30 September 2024 in respect of our above named client. Please could you sign the enclosed acknowledgement and return it to us in the envelope provided. Many thanks Yours faithfully - Charity Commission 0 8 JUL 2fj25 Recei'ved Keith Graham Chartered Accountants

FARNIIAM CASTLE UNAUDITED REPORT & FINANCIAL STATEMENTS For the year ended 30 September 2024 Company No. 00596938 Charity No. 313648

INDEX PAGE Refer¢no¢ and administrativc detatls Report of the Trustees Report of the independent examiner Unaudited statement of fuiancial activities Unau(bied balance sheet Unaudited statement of c#¥b flows io Ullaudited accounting policies 11-12 Notes to the unaudited fAnancial statements [3-16

REFERENCE AND ADMINISTRATtVE DETAILS Compauy registration number: 00596938 Charity registratioll number.. 313648 Registered offic¢.' 42 Waverley Lane Farnham Surrey GU9 8BJ Patron.. The Right Reverend Dr Christopher Herbert Trnstees., Derek Carpenter - Cbair Julie Bradley Damian Malins Guy Olden Gillian Ward Dr Kirsty Wrigbt S¢cret&ry'. Eaward Guyver Bankers: Natwest Bank PLC 31-37 Victoria Road Farnborough Hampshir¢ GU14 7NR Solicitors.. Russell-cooke LLP 2 Putney Hill Putney London SW15 6AB Independ¢ot Examiner: Simon Pusey BA FCA Keith Graham Chartered Accountants Suite 2, Wesley Chambers Queens Road Aldershot Hamp5hiTe GUI13JD

In¥ ￿uS￿¥S OE rarnniwn Lasue iTne Lnanry) preseui llle￿ annu￿ report ana xinauciai statements tor the year ended JU September 2024. These comply with the governing documents of the Charity, the rel¢vant Statement of Reconunended Practice (tbe Charities SORP 2015), Financial Reporting Stalldard 102 And the Cbarities Act 2011. Th¢ Cbarity is registered with the Charity Commission in England and Wales as Charity No. 313648 and at Companies House as Company No. 00596938. I. OBJECTS OF THE CHARITY The object5 of the Charity are: To preserve and maintain the buildings and fabric of Farnbam Castl¢ alld its environment by ensuring all required groundworks, repairs or restoration are effectively conducted, safeguarding the scheduled ancient monument, listed buildings. and entire sit¢ for future generations. In addition, the charity works to safeguard public access, and to increase awareness, interest, and historical knowledge of a site of n]ajor historic and architectural interest. 2. C￿￿RITABLE ACTIVITIES AND PUBLIC BENEFIT The Charity leases the Bishops, Palace from the Church Commissioners and is also responsible for the management of the Keep (previously the responsibfftlity of English Heritage). In August 2013, the ttuslees entered an UDderlease with Farnbam Casile Operations Ltd {"FCO") under which the revenue from weddings and business ¢vents provides the fijndiog for castlc maintCDance and repair. Entry to the Keep and nearby Exhibition Room is free of charge for all visitors. On Wednesday afternoons, guided iours of the Bishop's Palace are gcnerally avAilAble, and are conducted by a small tellm of voluDteer &Tuid¢s. The Charity's principal activities in pursUIt of its charitable objects were as follows: Making the Keep and Bishop's Piilace available to the general public at zero OT low Lost for the purpose of viewing the buildings and their setting and gainin&F an understanding of Farnhain Castle's Iiistorical importance Working with FCO and the Church Cornmissioner5 to ensure that developments at the cas(le are undertaken in sympatby with the historic nature of the site Ensuring that FCO n)e¢t their obligations under the underlease to maintain thc fabric of Farnham Castle. In preparing their slatements on publiG b¢nefLL contained within this tru5t¢C5' anuual r¢port, the tn￿teeS have. in accordance with s.4 of the Charities A¢t 2011, considered the Charity Commission's general guidance on public benefjt, as well as the specific guidance on publi¢ benefit and fee charging. 3. OPERATIONAL AND FINANCIAL REVIEW As stated above, the main source of income foT the Charity, the £25,000 p.a. rent received from FCO, has been secured through to the end of September 2024. Additional income has been gcnernted by the sale of postcards. the book "Farnham Castle - Stories behind the stonts," and Guidebook. In agreement with FCO. the tru5tee5 took responsibility for both the Keep gllides and those that lake visitors for conducted tours of the Bishop's PaEace on Wednesday afternoons. This ha5 provided the Cbarity with a STnall but not inconsequential revenue stream. The Charity'5 policy regarding tour fees remains unchanged. Tours are free lo those under the age of18. school groups and groups helping under-privileged adults or those with disabilities. All othets pay a litnited £5 entrance fee per adult. Entrall¢e to the Keep is free, but some visitors make small voluntary donations, which come to the Charity.

nL4SLWL knll publications, and education outreach to improve publi¢ knowledge. 202312024 Achievements The Charity achieved the following: Monitored the agreed FCO maintenance and repair plan for 2023124. In July the Cbarity developed a totally new website wWw.farnh￿n-ca9t1e.corn as it Is a Primary source of hlstorical infonnation and a valuable and increasingly accessed cominunicalion cha]mel with the public. The new site has been designed to be better formatted when a¢¢essed on a mobile phone, which became the main device used in 2022123. Improvements. are still required to boost SEO but site traffic on the new site is gradually improving over 2023 levels. Visits from local schools conttnued dwing the Spring/Summer tern￿, but closure of tbe Keep for safety concerns in early September has n]eant that two school visits have had to be postponed. A series of ghost stories featuring the castle and linked to self-guided, audio town tours. New seating has been installed in the Exhibitiots R(Trom to impmve the visitor experience. An updated 5-year plan has been agreed alld is now in pla¢¢. A 'Volunteers' handbook. has been compiled, agreed by the Board, aod ¢irculated io all volunteers. An additional Board member has been appointed with specific responsibility to act as historical lead and ¢0

£V£414IJ£) VDJeciives The trustees bave set the following objectives for 202412025: Work with FCO and English Heritage to ]nake safe the castle Keep and reopen it to tbe public in early 2025. Continue to embed a robust mainteD2n¢e plan with FCO and track progress. Continue to offer and promote tours and visits, as well as maintailling an adequate and well-trained team of volwlteer guides for both the Keep and Bishop's Palace. We aim to conduct at least 300 Palace tours in 2024125. Establish a new and extended programme of family and slory-telling events at the Keep. This programme has received English Heritage agreement. Continue with a range of projects, llcwspaper articles, local school support and involvement, and outreach to improve public knowledge and education. Re-issue A5 visitor flyers and restock local hotels and public buildings pre Springlsummer 2025 visitor season After a decade of absence, retrjrn the Christmas Carol Concert lo the castle in December 2024 for volunteers in Farnham wbo work for a range of charities serving the community. Monitor progress against the five-year mallagement plan agreed in June 2024 Governlng Document Famham Castle is a Qompany lirnited by guarantee without a sbare capitsl and is goveiJed by its memorandum Ind arti¢les of association. The company was incorporated on 10 January 1958 and the Cu￿ent memorandum and articles of association were adopted by special resolution on 22 September 2015. The members of the company are the hustees. Volunteers The tru8tees are gratefijl to all the volunteer guidcs who Icad Wednesday afternoon tours of the Bishops, Palace and suppori visitors io the Keep at weekends. The recruitment, training and management of volunteers will be maintained. Trustees For the purposes of company law, the tntstees listed in the reference and administrative details on page l are the directors of the ¢ompany. Trustees retire automatically upon completion of their term of office but may be eligible for reappointment. No director has any beneficial interest in the ¢ompally. All directors are members of the company 8nd guarantee to contribute £1 in th¢ event of winding up. At 30 September 2024 there were six tru5tee5 with one possible vacancy: Derek Carpenter- Chair Julke Bradbury Datnian Malitis Guy Olden Gillian Ward Dr. Kirsty Wright (appointed 15 Febrnary 2024) New trustees are identified following a review of the skills and experience needed to oversee and develop the Charity. In addition to consiaering the relevant skills that each potential trustee may bring to the Charity, the re¢ruitTn¢nt process also considers potential conflicts of interest. Following appointrnenl new t￿SleeS receive an induction programme and are given details of their responsibilities under the guidallce of Charity law, using materiaIs supplied by the Charity

ITUbLtt¢b serve Ior d iQtee-year penoa aller wnicn mey may De re-elec￿￿ ior a secona ￿rnI, nornwiy Ior no more than three years. After a second term a tsustee Jnay be asked to continue on an annual basis. The trustees meet three or four times a year and sub-cornmittees are established to meet as often as necessary to examine specific issues and to make recommendations to the nuin body of ttustees. The Charity's governing documents and policies are reviewed regularly to ensure tbat they keep pace with developments in best practice. Patron of the Charlty At their meeting in May 2024 the trustees were delighted to appointThe Right Rever¢nd Dr Christopher Herbert as Patron of the Charity. Dr. HeTbert Currently lives in Fanjham and was a vicar at St. Thomas on the Bourne church in the town before being appointed Bishop of St. Albans. Since his retirement from tbe bishopric in 2009, he has been appointed hooorary assistant bishop lo the dioceses of Guildford, Salisbury and Winchester. He is Visiting Professor of Christian Etbics at the University of Sutrey, as well as being an integral membez of the Fan)ham coll)munity. He leetures foT the Arts Society, the U3A and for numerous other organisations. He has also recently written biographies of Bishop Charles Sumner, Bisbop of Winchester (1827-1869) and, more recently, "Jane Austen's favoutite brother Henry" Henry Austen was the Perpetual Curate of St. Andrew's church in the centre of Farnham, Trustees, & dtre¢tors' responslbilltles in the prepAratloll of flnanelal stateDJents The tsvst¢es (who are also directors of th¢ Charity for the pU￿oseS of company law) are responsible for preparing the trustees, anniial Teport and financial statements in accordance witb applicable law and United Kingdom Accounting Standards (United Kinsydom Generally Accepted Accounting Practice). Company law require5 the trustec5 to prepare financial stat¢ments for cach f￿ancial yeai. which give a truc and fail. view of the stale of affairs of the chai'itable company and ot. the incomÈng resources and application of resour¢es, including the income and expendittwe, of the charitable company for that peiiod. In preparing those financial statements, th¢ trustees and directors are required 10: select suitable a¢¢ounting policies and then apply them consistently, observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent. stste whelher applicable UK A¢¢ounting Standards bave been followed, subject to any material departures disclosed and explained in the finaDLial statements. and prepare the fmancial statements on tbe going concern basis unless it is inappropriate to presume that the Charity will continue on that basis. The trustees and directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any litne the fmancial position of the charitable company and enable them to ensure tbat the f￿ancial slalements ¢omply with the Companies Act 2006. They are alsu rcsponsftble for safeglthrding the assets of the ¢harttabl¢ company and hence for taking reasonable steps for the prevention and detection of fraud atLd other itTegularities. The trnstees are responsible for the maintenance and integrity of the Go￿orate and financial inforn]ation on the charitabl¢ cotnpany's website. Legislation in the United Kingdom governing the preparation and dissemination of f]nancial statements may differ from legislation in other jurisdictioos. Risk management The major risks to which the Charity is exposed, as identified by the tTUStees, are discussed at trnstee meetings and arc rp.vip.wp.d nn A r.mi12r hA.tii Thp. tniEtp.p.q havfv rFvioA th rittr rptsiQtiXr thp riotr nrnppoopo nf tkiyir

eserves The tsustees, policy regarding reserves is to make suitable investment in the ongoing developjnent of the Charity, whilst maintaining adequate fjmds to deal with ¢urr¢nt and medium-temi needs and having the necessary provision to deal with unforeseen circun)stances. The trustees believe that free reserves of around £1 00,000 are commensurate with the lik¢ly fiuancial commitments of the Charity under the allangements with FaTllham Casde Operatioijs Ltd. At 30 September 2024, the Charity's free reserves, excluding flxed assets (other tban investments) and iestricted fi2nds. were £180,272 (2023: £174,078). The trustees consider that this amount is adequate to meet the financial obligations of the Charity over the medium terni. Investment powers and policy The trustees have the investmcnt powers set out in the memorattdum and articlcs of association to invest ill any investmellts, se¢urities or properties, monies that the company does not immediately need. Trustees, llldemnity Insurance Th¢ Company has made qualifying third-paty indemnity provisions for the benefit of its directors and volunteers during the year. These provisions remain in force at the reporting date. Independent oxamlner The scale of the Charity's activities and net assets is at a level that does not necessitate an independent audit of the fmancial statements. However, by virtu¢ of th¢ Charity's income, an independent ¢xamination of the fmancial statements is required, Keith Graham Chartered Accountants have expressed their willingness to conduct an independent examination of the financial statements. This report has been prcpared in accordance with the provisions applicable to companies entitled to the small compatties cxemption. By order of the board Derek Carpenter Chair Dale.. 2ÉJ une 2025

INDEPENDEIIT EXAMINER'S REPORT TO THE TRUSTEES OF FARNHAM CASTLE I r¢port to the ebarity trustees on my examination of the accounts of the comp8JLy for the year ended 30 S¢ptember 2024, whicb ale set out on pages 8 to 16. Re5pectlve responslbllldes of trustees and examiner Tbe charity's trnstees (who are also directors of the company for the purposes of company law) are responsil)le for th¢ preparation of the accounts. The charity's trusl¢es consider that all audit is not required for this year ullder section 144 of tbe Charities Act 2011 ("the Charites A¢t"). Having satisfied myself that tbe accounts of the company are not required to be audited under part 19 of the 2006 Compatiies Act and are eligible for indepead¢nt examination, I report in respect of rny examination of the trust's accounts carried out under section 145 of the Charities Act. In carrying out my examination I have followed the directions given by the Charity Cotiunis5ion under section 145(5)b of tbe Clwities Act. Independent examiner s stAtement I have completed my examination. I Confm that no rnalerial matters have Gome to my Attention in ¢onne¢tion with the inspection giving ine cause to believe tbai, in any material respect: the aL¢ounting re¢ords were not kept in respect of the company as required by section 386 of the Charities Act. or the accounts do not accord with those records. or the a¢counts do not comply with the accounting requirements of section 396 of the Charities Act other than any Tequiremellt tb&t tbe accoiints give a 'true and fair view, which is not a rnatter considered as PE4rt of an independent ¢xamination' or the accounts have not beell prepared in accordance with the Methods and principle5 of the Statement of Recommended Prllctice for accounting and reporting by charities preparing their accounts in a¢cordance with th¢ Finall¢ial Reporting Standard applicable ill the UK and Ireland (FRS 102). I have no concems and have come across no other matters in connection with the examination to wbi¢h attention should be drawn in this report in order to c able a proper Understanding of the accounts to be reached. Simon Pus¢y BA FCA Keith Graham Chartered Accountants Suite 2, Wesley Chambers Queens Road Aldershot Hampshire GUII 3JD Dat June 2025

Unrestricted Funds 2024 Notes 2023 COME: Donations and legacies 2,735 2,877 Income from Ch￿Itable activities: Protection & preserwdtion of Fan]ham Castle 25,000 25,000 InvcstTn¢nt income 5,039 2,836 Total Income 32,774 30,713 EXPENDrruRE: Expenditure on charltable actI￿tleS Protection & preservation of Farnham Castle 26.580 14,628 Total expendlture 26,580 14,628 NET INCOlI￿NG RESOURCES & MOVEMENT OF FLTNDS FOR THE YEAR 6,194 16,085 FUND BALANCES BROUGHTFORWARD 174,078 157,993 FUND BALANCES CARRIED FORWARD 12 180,272 174,078 The above results are derived from the charity'5 ¢ontinuiDg a¢Éivitics. The accompanying accounting policies and notes fonn an integral part of these financial ststements.

Notes 2024 2023 FIXED ASSEIS Investments 75,000 CURRENT ASSETS Stocks Debtors C&sb at bat)k and in hand 669 4.789 110,538 669 2.165 127,808 io 115,996 130.642 CURRENTLIABILTfIES Creditors: Atnounts falling due Mritbin one year (10,725) (10,656) NET CURRENT ASSET5 105 272 119.986 TOTAL ASSETS LESS CURRENT LIABILITIES 180272 174 078 THEI FUNDS OF IHE CHARTTY Unrestrleted IncomL li￿d5 General Fund 12 180,272 174,078 TOTAL CHARITY FUIYDS 12 180,272 174,078 For the year ended 30 September 2024 tbe company was entitled to exemption under section 477 of the Companies Act 2006 rclating to small companies, No members have required the conwany to obtain an audit of its accounts for tbe yeer in question in a¢¢ordanc¢ with section 476 of the Companies Act 2006. Tbc directors aGkDowledge their responsibility for ¢omplying with the requirements of the Act with respect to accoiinting re¢ords and for the preparation of accoullts. These accounts have been prepared in accordan¢¢ with the provisions applicable to companies subject to the small companies regime. These t-mancial staten]ents on pages 8 to 16 were approved and authorised for issue by the board of trustes on S June 2025 and signed on their beh Derek Carpenter Trustee

2024 2023 Cash flows from operating a¢tivlti¢s: Net cash provided by operating actiiqties Cash flows fron] investing activities: Interest income Proceeds from the sale of inv¢stn)¢nts Pur¢h&8c of in￿stMentS Net cash (￿ed in)Jprovided by ]D￿stIng activities 1,401 12,356 5,039 2,836 20.908 535 CI]allge in c&8h and cash equivalents during the year Cash and cash eqUi￿lentS at the beginning of the year Cash and cash equivalents at the end ()f the year (17,270) 127.808 110538 14,657 113.151 127,808 RecoDeiliatlon of net income to net eash flow from operating activities Net incorne per the statement of financiaI activities Adjustments for: Dividends, interest and rents from In￿Stments D¥cre&8e/(incre&se) in stocks Decreas¢/(in¢rea5e) in debtors IDecrease)lincrease in creditors Net cash provlded by operY4tlng acti￿tIeS 6,194 16,085 (5,039) (2,836) 27 (1,311) 391 (2,625} 69 Analysls of cash and cash equlvalents Cash in h￿d Notice deposits (less than 3 montbs) 0￿rdraft facilities repayable on demat Total c&sh and cash equivalents 110,538 127,808 110538 127 808

Basis of preparation The flnancial statements hav¢ b¢eu prepared in acGordance with Accounting aDd R¢porting by Cbarities.. Statement of Recommended Practice applicable to charities preparing their accounts in a¢cordan¢e with the FinancTaJ Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charlties SORP (FRS 102)). the Financial Reporting Standard applicable in the tJK and Republic of Ireland (FRS 102) and the Companies Act 2006. They bavc been prcpar¢d under the bistorical cost convention. The pritlcipal accountiDg policies of the charity have remained unchallg¢d from th¢ previous year and are set outbelow. Farnham Castle meets tbe defmition of a publi¢ benefit cntityunderFRS 102. Assets and Iiabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). The fman¢ial statements are pi'epared in sterltng, which is the function&1 c￿￿enCY of the Charity. Monetary amounts in these financial statements are rounded to the nearest £1. No material uncertainties that may cast significant doubt about the ability of the Charity to continue as a going concern have been identified by the trustees. Therefore, the fmancial ststemcnts bave been prepared on a going concem basis. Legal status of the charlty The cliarity is a company limited by guarantee and has no share capital. In the evcnl Ot'the charity being wound up, tbe liability in respect of the guarantee is limited lo £1 per member of the charity. The registered office of the company can be found on page l. Incomlng resources Income for services 15 Teeognised by reference to the stage of completion of the transaction at the balance sheet date. From 25 May 2014, all income is recogni5ed exclusive of VAT. AIL monetary donations &nd gifts are included in full in the statement of financial activities when receivable, provided that there are no donor-imposed TestriGtions as to the timing of the related expendltr￿e, in which case recognition is dcfcrrcd until the pr¢-condilion has been mct. Revenue grants are credited as incoming resources when they are receivable provided conditions for receipt bave been Complied with, Unless they relate to a specified future period, in which case they are deferred. Grants for the purchase of fixed assets are ciEdited to r¢s¢n'rted incoming resources when r¢ceivabl¢. D¢pr¢¢iatÉon on the fixed assets purchased with such grants is charged against the restricted fi]nd. Iut¢iest OD fiulds held on dep081t is iD¢luded when receivable and the amount can be measured r¢liably by the cbar&ty' this is normally upon noÉtfi¢ation of the interest paid or payable by the bank. FlnanclAI InstrumcDts The charity only has f￿anCIal assets and finallcial liabilities of a kind that qualify as basic fll)ancial instruments. Basic financial instruments are illitially r¢cognised at transaction value and subsequ¢ntly m¢asur¢d at th¢ir settl¢m¢nt valu¢. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at b*nk and in hand Casb at bank and cash in hand includes casb and sbort tern] highly liquid iovestm¢nt5 Wlth a short maturity of three months or less from the date of acquisition or opening of tbe deposit or sirnilar account.

Creditors and provisions Creditors and provisions are iecognised where the cbarity h&s a presellt obligation resulting from a past event that will probf4bly result in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are norn]ally recognised at their settlement amount after allowing for any trade di5COUDts du¢. Le550r policy Property lease income is Te¢ogaised over the tern] of the lease. Resources expended Expenditure. wbich i5 charged on an aCcn￿lS basis, is allocated between: expendI￿re incurred directly in tbe fiirtherallce of the ch￿]ty'S objectives. expenditure inciuTed in supporting the charitable activities. expenditure In¢U￿¢d on governance costs. Liabilities are r¢¢ognised as resources expended as soon as there is a legal or consirnctive obligation cornmitting the Ch￿lty to the expenditure. The full value of a charitable grant is recognised in Ihe year ill wbich tbe grant commitment is made, and tlie grantee bas been infornied and is shown as a long or short-term creditor as appropriate. Fund accounting Restticted fvt)ds are to be used for specitied piuposes laid down by the donor. Expenditure for those purposes is charged lo ihe fund, tog¢tber with a fair allocation of overheads and support costs. Unreslricled fund5 are donations and other incoming resources reLeived or ggngrated for expenditure on the general objectives of the charity. Leased Assets All leases arc regarded as operaling leases and the payments made under them are charged to tbe statement of financial activities on a straight-line basis over the lease tern). Investm¢nt8 Investments are stated at market value. Realised and UTJxealised gaitis and losses on investments are credited or debited to the fund to whicb the related investment bas been allocated. Ta￿atIOn No provision for taxalion, deferred or otbenvlsc, has been n]ade in the fwancial statcmLnts of the cburity, as Farnham Castle is a charity ill accordance with the Cbarilies Act 201 l and iy cxempt from tdxation except for value added tdx. if income and gains are applied for charitable pury)oses under S505 of the Income and Corporation Taxes Act 1988 and S145 of the Capitsl Gains Tax Act 1979. Slgnificant Judgements and estlmatlons In the application of the charity's accounting poli¢i¢s, the ttuslees are required to mak¢ judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The esti]nates and associated assumptions are based on historical experience and other factors that aTe considered to be relevant. AC￿&1 results may differ from these estirnates. The ¢stimat¢s and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting ¢stimates are recognised in the period in whicb the estimat¢ is revised wh¢re the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Total 2024 Total 2023 INCOME FROM DONATIONS AND LEGACLES DonatiODS and legdcies Sundry income 1,098 1,637 1,169 1,708 2,735 2,877 The income from donations alld legacies of £1,098 (2023.. £1,169) all UDrestricted. Sundry income includes the fees for guided tours of the Bishop's Palace as well as Ibe sale proceeds of the castle guide book and the illustrated bistory of Farnham Castle that repTinted in 2021. Total 2024 Total 2023 INCOMCI FROM CHARITABLE ACIIVTfES Protection and preservation of Farnlwn Castl¢ Property lease Tncorne 25,000 25,000 The income from clwitable activitics of £25,000 (2023: £25,000) w&8 all unrestricted. Total 2U24 Total INVESTMENT INCOME Interest receivable 5,039 2,836 The interest income of £5,039 (2023., £2,836) w&8 all unrestricted,

Total 2024 Total 2023 Protectioffj presenmtion and promotion of Farnbam Castle: Grants Governan¢e costs (see note 5) Support costs (see note 6) 6,545 7.012 13.022 3,985 6.068 4,575 26,580 14,628 The expendItt￿e on charitable actiillties of £26,580 {2023; £14,628) was atl unrestricted. Total 2024 TotAI 2023 GOVERNANCE COSTS Accounts exan]ination fees A¢¢ouDtao¢y seryi¢es Legal and otl)er professional fees Trll8tees' professional indQD￿ity insurance Miscellaneou5 expenses 1,050 3,300 334 270 2,059 1,000 2,500 813 204 1,551 7,012 6,068 The trustees neither reCeI￿d nor VdiNrd atty ¢molum¢nts for ih¢ir s¢rvi¢es to th¢ charity. On¢ of th¢ trustees was reimbursed a total of £426 in respect of outlays on behalf of th¢ charity during the year (2023: £449). The charity has taken ou¢ an insurance poli¢y that includes professional indemnity inswance coNEr for the trust¢¢5. The total rost of the i]Lsurancc covers foi the year was £270 (2023.. £204). Total 2024 Total 2023 SUPPORTCOSTS Rent payabLe Other support costs 1,511 11,511 1,511 3,064 13,022 4,575 The analysis of resources expcnded by actiTrity has. 74therever possible, been on the basis of direct costs attributable to each activity. Jlic balance of supporl ¢05ts bas been allocated ID the proportion of re￿nue generated or, in certatn ¢irGun)stallr¢5, on the basis of a reasoned estimate of the split between a¢tiiqti¢s.

2024 2023 NET MOVEMENTIN FUNDS N¢1 m0￿mellt in fimds is statedafter cbgrging: Operating lease reotals-. Lalld and buildings 1,5ll 1.511 The charity's ￿OsS income for the year wds 32.774 30,713 Ihe charit)Is surplw for the year vas 6,193 16,084 2024 2023 L-year bank deposit bond (2023.. I-year bank deposit bond) 75,000 54,092 The deposit bond matures on 4 January 2025. 2024 2023 STOCKS Book stocks for resale 669 669 Tn 2022, the In￿1¢¢8 commissioned a reprillt of Roy Waigbt's book ¢nlitl¢d 'Farnham Cllstl¢ - Siories behind the Stones,, which contains a h¢story of tbc ca5tl¢'s dcNrlopm¢nl since the early part of the twelfth centtwy. 2024 2023 io DEB TORS Amounts falling due wlthln one year: Trade debtors Sulldry dcbiors & prepayments 4,789 2,165 Ttst￿ atnoullt failing due within one year 4,789 2.165 2024 2023 li CREDrroRS Amounts fo]ling due ivlthln one ye￿. Trade creditors Other tsxation and social security costs A¢¢n￿lS 1,235 2,110 7,380 896 2,430 7,330

12 Balance at l October 2023 Balance at Outgolng 30 September resourees 2024 InCOll￿nE resourees Unrestrlcted incojne fi￿d5. General Fund 174,078 32.774 (26.580) 180.272 174,078 32,774 (26,580) 180.272 Balance at l October 2022 Balance at Outgolng 30 September resources 2023 Incoming resources Unrestricted ineome funds: General Fund 157,993 30,713 (14,628) 174,078 157,993 30,713 (14,628) 174,078 13 COME￿￿ME￿I3 UI¥4DER OPE114TING LEASES The charity as a lessee: At the balance sheet dale, the charity bad future commitments und¢T non-cancellable operating le8s¢s os followB: Land and buildings.. not later than one year later tlwi one year and not later than five years later tban fi￿ ycars 2024 2023 1,511 6.046 11,305 1,511 6,046 12,817 18,862 20,374 The charlty as a lessor: At the balance sheet date, the cbarity had contracted with tenants, under non-cancellable operating leases, for the following future minimum lease payments: nountg receivable.. not later than one year later than one year and not later than five years l&ter tball five ye￿$ 2024 2023 25,000 loo.000 186,750 25,000 loo,000 211,750 311,750 336,750 14 RELATED PARTY IIL4NSACTIONS Transactions with tn￿tee5 are disclosed in note 5. There have been no other related paty transactiODS.