Annual Report 2023
Annual report and financial
statements for the year ended
31 December 2023

Introduction & contents
Bendrigg Trust: Trustees, foreword
The Trustees have pleasure in presenting their report and the financial statements for
Bendrigg Trust, an incorporated charity with charity number 508450 and company number
01396557. for the year ending 31 December 2023. Thi5 report includes the requirements of a
director's report as required by company Low.
The financiaL statements comply with the Charities Act 2011, the Companies Act 2006, the
Memorandum and Articles of Association, and Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing accounts in
accordance with the FinanciaL Reporting Standard applicable in the UK ond Republic of
Ireland (FRS 102).
Contents
Chairrnan's Statement
Vlslon, Misslon and VaLues
Objectives and Achievements
Year in Numbers
Volunteering
Beyond Bendri9g
Looklng Forward
Fundraislng Standards
Risk Management
Treasurer's Report
Structure, Governance and Management
Tru5tees' Official Statement
Independent Audltor's Report
Stotement of Financial Activities
Balance Sheet
Cash FLo¥v Statement
Notes to Financial Statements
References and Administrative Details
13
14
17
18
21
22
23
25
26
28
32
33
34
35
52

Chairman's Statement
A statement from our
Chair of Trustees
Welcome to our new look. After
consulting widely with visitors, stoff ond
other stakeholders, the 'Bendi foLk' brand,
which has represented Bendrigg for many
years, is being repLaced with more
inclusive and modern imagery and
messaging. We have also updoted our
Vision, Mission and Values to better reflect
our more ambitious and outward looking
opproach. l Love our new tagline:
'Creating change one adventure at a time,.
It communicates. very powerfully and
succinctly, what Bendrigg is alL about. Our
brand update is not just a 'fresh Lick of
paint,, it is an integral part of our strategy
ensuring Bendrigg continues to be relevant
for our visitors, donors and society more
widely.
&r
More than ever before our visitors want and need the Bendrigg experience," that unique
blend of challenge ond adventure in a friendly, coring ond safe environment. It is
marvetlous to see the grounds and buildings buzzing with the positive energy that Bendrigg
generates but even at our 5ubsidised prices some visitors con struggLe with the cost. One
result of this hos been the trend towards shorter stays but intensively packed with technical
activities. Also our fully accessible Acorn House enabLes us to accommodate more visitors
with complex needs and so the comblned effect of these chonges has been to gradualLy
increase staffing levels in order to maintain the high quality we offer.
These trends have been building over a number of years but the pandemic did a good job
masking the impact. We are now confronted by the full force of these issues and with high
infLation added in we face a situation where our costs are going up but our income isn't
keeping pace. The result is significant deficit forecasts in the medium term (2024-2026).
Although our reserves ore strong we must recover our finances to a sustainable position and
this tosk is the top priority for the Centre Director, management team and the trustee
board.
A financial recovery plan is being developed with the objective of eliminating the budget
deficit by 2026.

The plan incLudes o review of our donor income streams and a forensic financiaL analysis of
the different activities we offer resuLting in a ronge of measures which should significantly
increase donor income and improve financial performance through changes to pricing,
occupancy and efficiency.
Thank you to Kim Parry ond Jeremy PralL for Leading this work.
I am pleosed to report thot momentum hos been maintoined on developing our long term
strategy. One of the main strategic themes LO emerge is to exponentially increase our reach
and impact beyond the visitors that come through our doors each year. This concept has
crystalLised into'Beyond Bendrigg, a training and consuLtancy service that aims to equip
and educate other organisations that need to consider accessibility and inclusivity in the
services that they provide. Convinced thot this was such a strong idea, the decision was
taken to Launch this initiative before our strategy was completed. A small team has been
formed and partnerships are being developed with a range of organisations at national and
community Level. Even though this is still very much a start-up we have a strong proposition
and are buiLding a good reputatlon in this field.
I love our new tagline: 'Creating change
one adventure at a time,. It communicates,
very powerfully and succinctly, what
Bendrigg is aLL about.
Other strategic options being evaluated are: Re-development of the existing estate to
upgrade accommodation and facilities, improve accessibility generolly and better connect
the built spaces to the natural environment. We also want to make better use of our
avoilobLe Land to develop opportunities for olternative income streams and additional
QCLiVities for our visitors.
I would particularly like to thank Kay Foster for her major contribution, in time and
expertise, developing the strategy.
In August we attracted significant media exposure, including television, through our support
for'summits up for Tony,. Tony Hudgell, an eight yeor old double amputee, had the goaL of
ascending a Lake District peak raising funds for four charities incLuding Bendrigg. Our
activities and accessibiLity expertise was essential in ensuring Tony's successful ascent of
Orrest Head was completed safely.

Our staff are at the core of the Bendrigg experience and have once again been brilLiant,
continuing to deliver o consistently high quality visitor experience even with the odded
pressure of increased visitor numbers. The excellent visitor feedback we regularly receive Is
due to their passion ond professionalism.
Our fantastic team keep Bendrigg operations running smoothly and our Centre Director
Nick LiLey continues to blend inspirotionol Leodership ond professionaL management. The
management team are ossuming more responsibility for operational matters freeing up
Nick LO operate more strategically ond spend more time creating network5 With the wider
outdoor activity and disabiLity communities. I believe this change in emphasis is vital to
Bendrigg achieving its strategic aims.
In my report for 2022 1 referred to the tragic road accident involving Facilities Manager
Jonny WoLfendaLe and his family. l am pleased to report that Jonny has now returned work
and is continuing his recovery.
I hove acknowLedged a few specific Trustees for their contributions but I would aLso Ilke to
thank OLI of the Trustees for their continued work and commitment particuLarly with the
enhanced committee structure which is improving decision moking ond connecting Trustees
more directly with the monagement team.
Judy Rayner and Shelagh McGregor retired os Trustees. Judy has been a Long serving trustee
and, along with her family, very supportive of the Bendrigg Trust. I thank them both for
their commitment over the years.
We welcome new trustee5 Amy Peormon and Kirsty Heywood-MocDonald and look forward
to their energy and ideas helping us move forward in the years ahead.
Judy Goodland, a former Trustee and long standing supporter of Bendrlgg, sadly passed
away in February 2024. We are incredibly grateful to Judy for all of her contributions to
Bendrigg over her many years of service as a trustee, her time as chair of truslees and for
her ongoing support since retirement. She WILL be deeply missed by alL those who knew her.
Finally I reflect thot Nick and his team really hove pulled off an amazing feat in 2023:
keeping the Bendrigg magic going day in day out whilst at the same time addressing our
medium term financial chaLlenges and advancing our strategic plans ensuring we remain
reLevant in the Long term.

.•¢
Our vision, mission and values
Our vision
To harness the pow•r of adventure to create lastlng change and transform
comrnunltles for all.
At our core, we champion the transformative power of adventure, seeing it not just as an
individual journey but as a force that shapes society for the better. Our vision hinges on the
Bendrlgg experience belng a catalyst, reshoping societal perspectives and creating
enduring, impactful changes in people's Live5.
Our mission
If our vision defines our goal, then our mission statement defines what we WILI do every day
to achieve it.
We make adventure accesslble, worklng together to overcome barrlers and
transform lives.

Our values
Our values ore at the heart of Bendrigg, shaping who we are and how we operate.
They've been with us since the starti passed down by each employee. They are cruciaL,
always leading the way we think and act.
Bring Compassion
Bendrigg is o place built on empathy. By taking the time to listen, being consi5tentLy
compassionate ond valuing each person for who they are, we create a unique haven where
kindness is in the air, ond adventure is in the offing. At Bendrigg, there is always freedom to
have fun, all are welcomed, and all are valued.
Practice Progress
Every day is a chance to make lasting changes, not just for visitors or their families. We
constantly look for improvement and find better ways of working. We chaLLenge traditional
approaches, offer innovotive ideas, and develop our practice. Little by little, we make big
changes - becoming a force for progress far beyond our borders.
Push Past Boundaries
Some limits may be real, but we remove the ones that aren't. We challenge attitudes, strip
away doubts and break through personol barrier5. Removing those limits is how we WILL
make extraordinary things happen. We instil self-belief that reshapes everyday Lives for
individuals and brings a new understanding that WILI reshape our communities.
Embrace Noture
There is no better classroom, there is no better therapy. This place is not just the setting for
adventure; the outdoors is part of our purpose and our personality. Stepping outside ond
connecting with nature spurs our growth and improves our weLL-belng, maklng an Impact
that Lasts welL beyond a visit.
Make It for Everyone
Openlng doors Is what we do; to an outdoors full of exclting ond empowerlng adventures, to
new abilities and attitudes, to personal potential waiting to be fuLfiLled. We open these
doors for ab50luteLy everyone, with endless flexibility and steadfast adaptability. At
Bendrigg, we are exclusively inclusive and we olways find a way.
Work As One
We vaLue each ond every individual, but it's as a team thot we excel. From staff and
volunteers to first-time visitors and experienced leaders, we aLI contribute and 'muck in,.
We celebrate aLL our successes and shore all our missteps. We are all each other's
cheerleaders and safety nets, trusted advisors, and personaL champions. We are all equals.

The spirit of adventure is incredibLe. A bona fide superpower that can fill any
one of us with conviction and confidence, with new abiLities and renewed
agency. And it's universal too - not the excLusive preserve of the advantaged
and non-disabled. It's for everyone because we're making sure it is.
At Bendrigg, we have the setting and the scenery, the equlpment and the
expertise, the peopLe and the passion. Together, we have a limitless supply of
adventure, with a limitless determination to improve peopLe's Lives.
Because we know that, whatever adventure means to each individuaL, it has
the power to empower. To challenge and inspire, to tear down barriers and
build up possibiLities, to create real and Lasting change.
Above alL, it has the power to change minds- within those individuals and
across our whole society: changing the way peopLe see their worLd and
changing the way the world sees them.
#BeMoreBendrigg
epdr

Objectives & achievements
Objectives
In 2023. we were working towards our'Bounce Back, pLan as the effects of the pandemic
continued to be felt. Our aims were to:
Return to pre-pandemic operating levels, delivering high quality, outdoor courses
To return to a position of financial sustainability
To ensure that Bendrigg's resources continue to meet visitors expectations as a
Leader in the field
To develop our Long term strategic plans as we Look to the future.
Achievements
Beyond Bendrigg launched
Our 'Beyond 8endrigg project, Launched with the successful
appointment of Sara Murray, our new Troining, Research
and ConsuLtoncy Manager. Saro took up the role in
September 2023 ond you can read more about Beyond
Bendrigg on page 17.
A new look for Bendrigg
Throughout 2023 we undertook extensive consultation with our visitors, staff,
volunteers and supporters to review Bendrigg's 'brand'. This included a review of our
Vision, Mission and VaLues ond ultimately concluded in a compLete overhouL of our
visual identity. What makes Bendrigg special has not changed, but our Look and feeL
now refLects this better. Our new brand will be rolled out in stages from January
2024, incLuding a new website.

Bendrigg Alternative Scheme
re-launched
In March 2023 we appointed a new
BA Co-ordinator, Jorj Haston, to
relaunch this fLagship scheme. See
page 16 for more detaiLs.
Lodge accommodation upgrades
Our main Lodge accommodation got
some tender loving care with decorating
updates including new curtains,
refreshed point, updated photos and new
lounge seating. To improve the
accessibility of the accommodation for
some of our visitors with physical
disobiLities, we also instolled new ceiling
hoists in our lounge and some of OLJr
bedrooms and bathrooms thanks to
generous donations of equipment and
time from Simply Moving and Sleeping.
'Someone Like Me,
VoLunteers returned to Bendrigg in
droves in 2023, including some
fantastic work parties, far
surpassing our pre-pandemic
voLunteer numbers ond bucking
the trend elsewhere in the charity
sector which saw volunteer
numbers dropping. See page 14 for
more information on our 'Someone
Like Me, voLunteering project and
page 15 for a case study on one of
our brilliant volunteers, Jack.
10

Reducing food waste
2023 saw the start of a wonderful
reLotionship with Foreshare - a UK
charity fighting hunger and food waste.
Surplus food comes through Fareshare
to Bendrigg once a week, which is then
Used in our delicious meoL5.This not
only reduces food waste and saves
Bendrigg money by reducing the
amount of food we need to purchase,
but aLso comes with a cash grant from
The CumberLand's Kinder Kind of
Kitchen initiative- wins all aroundl
FRUI fs"
ICY coyi61
Fundraising growth
Thanks to the first stage of an
investment in fundraising for
Bendrigg, almost £671,000 was
raised in 2023, accounilng for 430/0
of our total income. This is aLmost
double what was raised in 2022 and
has buffered some of the effects of
the cost of living crisis on our
charity.
More accessible odventures
We constantly look for ways to
improve our activities and facilities and
2023 was no different. We improved
acce5S to some of our on-site activities
by instaLling electric hoists, tweaked
and improved countless ways of
working and re-invigorated our'zap.
activity (pictured opposite) enabling
visitors to chaLLenge themselves
through adventure in different ways.
11

Businesses back Bendrigg
We saw an outpouring of Support from
Local businesses wanting to support
Bendrigg in 2023. From'Busking for
Bendrigg, and various other fundraising
events organised by Harrison Drury
SoLicitors, to donations of hoists and
sen4ices-in-kind from Simply Moving
and Sleeping. We are grateful to all of
our locol business community for
continuing to support odventure for alL.
Today w• are jolning the dots between
families who no longer need hoists and
charlty thal doo8.
Slmply glvlng back.
S'imply
Summit•s Up For Tony
In August, 8endrigg supported 8-
yeor-old double amputee Tony
HudgeLI as he took on an immense
fundraising chalLenge by climbing to
the top of Orrest Head in
Windermere. Tony's chaLLenge was
featured in national media and
inspirational adventurers such as
Hari Budha Magar and Sir Chris
Bonington turned out in support.
Tony raised over £58,000 for 4
charities, including Bendrigg.
Big Give: Make it for everyone
Less thon 48 hours into our annuol Big
Give Christmas ChaLLenge we hit our
fundraising target of £80,000! This was
a big ask and our supporters raLlied to
our cause with vorious fundraising
events, personal donations and
corporate support helping us to make
2023 a record-breaking appeaL. This
vital funding aLLowed us to'make It For
Everyone,: supporting our bursary
scheme to ensure finances are not a
barrier for people wishing to achieve
through adventure.
Christmas
Challenge
BigGive
12

Our year in numbers
A summary of our year
In 2023, we hoped to return to our pre-pondemic operating levels and we didl We've had an
incredibLy busy year ond here are just some of the statistics that highlight the impoct we've
had on the peopLe through the doors at Bendrigg.
133 residential
courses and
55 day activities
deLivered
2,824 participants
and 834 leaders/
carers totalling
3,658 visitors in
the year
353 wheelchair
users supported
72 % of visitors
saw 'significant'
or 'considerable'
increases in seLf
confidence
80 % of visitors
saw 'significant'
or'considerable,
increases in
feeling more
included
Visitors rated
Bendrigg 4.92
out of 5 stars
72 % of visitors
saw'significant,
or'considerable,
increases in
independence
70 % of visitors
saw'significant, or
'considerabLe'
increases in social
skills
73 % of visitors saw
'significant' or
'considerable'
increases in
physical and/or
mental weLlbeing
13

Volunteering at Bendrigg has helped my
confidence, helped me have faith in myseLf.
They look beyond my disability and condition
and see the true me and my capabilities. As
soon as you walk through the door you
instantly feel part of a fantastic team.
VoLunteering in 2023
In 2023, we were excited to see 264 unique voLunteers come through our doors, giving a
total of 10,480 hours of support. The Living Woge of this time would have cost Bendrigg
£131,367, so their generous gift of time is greatly appreciated!
32 voLunteer5 declared o disability. WhiL5t these individuals make up 21 % of our voLunteers,
they actualLy make up an ostonishing 41% of our voLunteer hours; which proves the need for
projects like 'Someone Like Me,.
'Someone Like Me, is a Bendrigg project seeking to support those with disabiLities to
volunteer. There remains in society, o Lack of recognition for the contribution that people
with disabilities can bring to volunteering. People with disobilities are often recipients of
volunteer services but are rorely considered os o potentiol volunteer resource. 'Someone
Like Me, seek5 to support those with disabilities to voLunteer at Bendrigg becoming role
models and mentors for our visitors.
In 2023. Alistoir (who drew the picture above) celebrated 40 years since his first Bendrigg
holiday. Since then, he has volunteered each year and creates wonderful newsletters of
each of his visits.
14

It's totally life changing because it's
so inclusive and I'm valued by
everyone and part of the team. As a
person with a disabilityi It's
reassuring that I can ask for support
and guidance if I need it.
Meet one of our volunteers Jack.
Jack first came to Bendrigg on a residential trip when he was nine and has been volunteering
with us since 2020. His ultimote gool is to work in outdoor education and so we are working
together to support him in this.
Jack describes himself as a deafblind person who is seeking to break the barriers faced by
the deafbLind community but also other disabilities.
The support Jack gets at Bendrigg Is constantly evolvlng based on hls needs. So far, we hove
heLped him build a consistent routine when on site, spent time with him learning how to
safely navigate around the buildings including adding odditional aids on his main routes and
we always ensure that tasks ore communicated cLearLy and concisely so he can action them
independently. We grade and adapt his programme so he is able to Sustain his energy and
be his best.
Visitors constantly leave very positive feedback about Jack; he is an asset to our team. It is
our pleasure to continue to support Jack in working towards his future career prospects and
we're very gratefuL for his time and hard work with us.
15

rpv-
It is hard to contain the emotion
involved when talking about
Bendrigg Lodge. 'Giving back to
society, is a cliché that is over-
used at the best of times; only
at Bendrigg is it real.
Bendrigg Alternative Scheme
Our Bendrigg Alternative (BA) scheme was mostly paused during 2023 whilst we recruited to
our BA Co-ordinator role (appointed in March 2023) and then undertook a thorough review of
the scheme's history, impact and future oims and objectives.
Although there were no residential BA volunteers in 2023, our mainienance team were
supported by six Community Pay Back Team visits, giving a total of 183 hours of work across
our 15 acres of grounds. renewing sections of fencing, repairing paths, strimming, mowing and
generally maintaining our site.
The BA scheme has historicaLLy focused primarily on people in prison. However, after
thoroughly reviewing our work, and the changing needs of those impacted by the Criminal
lustice sector, the BA scheme at Bendrigg WILI expand in 2024 and beyond to focus on four key
areas:
People in Prison
People on Community Licence
People on Community Order (unpaid work)
People at higher risk of offending
16

Bendrigg is honestly the only
pLace we have found on this
pLanet where we can truly relax
and have fun. Everywhere
shouLd be more Bendrigg.
Training and consultancy
launched in 2023.
Beyond Bendrigg is born out of a need for education and support to make
the world a more accesslble and Incluslve space.
We are more than a place, offering more than facilities: we are home to sector-leading
knowledge and Life-changing expertise. Now, we're preparing to harness that capability, to
moke on impact far beyond the boundaries of our e5toLe: to go Beyond Bendrigg.
Launched in 2023, Beyond Bendrigg is a training and consuLtancy service for the outdoor
education and tourism sectors, regionaLLy, nationally and - uLtimately- internationaLIy.
And it's already off to a strong start - tralning 119 people across nine sesslons In the flrst
four months of the program!
While it's an opportunity to diversify our offering and generate funding for our charitable
operations, it's aLs0 a vehicle for much greater change. As an authority in the sector, we can
infLuence individuals, organisations, national governing bodies and even policy makers.
By sharing our expertise, we're going further to change attitudes, raise awareness and
embed positive practice into everyday experiences- driving inclusion across alL areas of
society. In short, it's our chance to make an impact far Beyond Bendrigg.
17

Looking forward: the next five years
Our plans for the future
In the last 47 years, we have come a long way. But we know we still have a long way to go.
As we look forword, 2024 WILI see the start of our newly approved five-year Strategic Plan.
With our strategy set and our goals stated, we're giving form to our ambitions for the next
five years and beyond - hornessing more adveniure, creoting more change and touching
more Live5.
To turn our ombitions into achievements. we have planned five themes for the work that lies
ohead. These are not isoLated programmes - each theme overLaps with the other, each
success will provide a platform for the next. Over the next five years we will:
Accommodate a wider audience
We will give people new ways to enjoy the Bendrigg experience, by buildlng fully accesslble
multi-functional self-catering accommodation. When we're finished, os well as making a
small difference in meeting a national shortfaLI, our new service WILI make o huge difference
for our visitors - supporting our mission while generating income to sustain our
organisation.
Transform our space
We will make better use of space across our estate: making space for getting meals and
getting rest, for getting around and getting closer to nature. When we're finished, Bendrigg
WILI be coherent and connected, more accessible and better equipped than ever - the
sector's Leading destination for visiting, working, volunteering, learning and more.
Protect our environment
Working to preserve the setting so vital to our spirit of adventure, we will make our
connection to nature central to everything we do. When we're finished, with Net Zero in
sight, we will work in ever-cl05er hormony wiLh our noturoL environment.
Help the Bendrigg family flourish
We WILI go further for our people, by fostering a growth mindset in everyone connected to
Bendrigg - not only helping people challenge the boundaries of disability, but giving our
employees and volunteers the support and space to excel. When we're finished, everyone at
Bendrigg wlll have the opportunity to reaLise their fullest potential- inspired to be
innovators and Leaders, driving our progress and taking their pLace at the Forefront of the
industry.
Go Beyond Bendrigg
Our training and consultancy progromme will equip a broad range of organisations with the
skills to bring inclusion into their everyday practice. When we're finished, we will have
extended and muLtiplied the impact of our expertise - touching the lives of over 30,000
people every year, to play an increasingly powerful roLe in creating a more inclusive society.
18

Looking forward: 2024
The next five years are a big adventure, but often big adventures start with
a small step. During 2024 we will start our journey by:
Delivering excellence for our visitors
At our core, we chompion the transformative power of adventure, seeing it not just as on
individual journey but as a force that shapes society for the better. We WILL continue to
harness the power of adventure, ensuring that our visitors get the most incLusive and
personal experience possibLe, making an impact that LasLS well beyond a visit.
Taking steps to improve our financial sustainability
We hove not been untouched by the ongoing chalLenging finonciaL climate and must take
steps to ensure we can continue funding our vital sen4ices through these difficult times,
without adding additional unaffordabLe cost to those hardest hit by the pandemic and Cost-
of-Llving crlsls. Thls will include Investlng in our fundraislng capocity and looking at woys to
make our services even more efficient, without Losing the Bendrigg magic.
Undertaking a staff health and weLlbeing review
It is our people who make Bendrigg so speciol and we want to give our employees ond
voLunteers the support and space to excel. In 2024 we WILL undertake a staff heolth and
wellbeing review and, using the results, Put In place a programme ensurlng that our staff
are valued, supported and rewarded in their careers and lives.
CompLeting the vital work to our Lodge
Although we made great progress in 2023 in refurbishing our Lodge accommodation, we
will continue this into 2024 with more internal and external improvements.
I loved how students were
encouraged to develop
independence skills. The tutors
were so attentive, Learned aLL
names and made it feel really
personal.
19

Looking forward: 2024
Continuing to improve our activities
As we constantly Look for improvement ond find better ways of working, we WILI continue to
enhance our activities ond make them more accessible for aLI. This will include the
refurbishment of our tube slide sheLters, and the commi55ioning of a new ond expanded fleet
of canoes.
Welcoming back our residential Bendrigg Alternative volunteers
As well as re-starting our Bendrigg Alternative Scheme for residential volunteers we WILL
expand the project to work with more people in the CriminaL Justice sector, carrying on the
original spirit of Bendrigg.
Developing our Beyond Bendrigg project
In its first fuLI year of operation. we plon to develop trolning ond consultancy offerings to
support the outdoor sector, as well as leisure, tourism and hospitality sectors, to 'Be More
Bendrigg, and become more accessible and inclusive for aLL.
Implementing our new branding
With a re-invigorated brand, Bendrigg will become more recognisable and more occessibLe
for all. 2024 will see our new branding spreading through our social channels, a new
website, as weLL as on our site, in our gift shop and across alL of our work.
We have loved how easy you make things that
usually feel impossible. You give each child the time
and space they need for their individual needs and
see instinctively how to meet those needs. Watching
one child overcome several difficulties with patience
and support and our other child being included
where she otherwise might not be.
20

Fundraising Standards
A look at fundraising standards and practices at Bendrigg
Donors to Bendrigg Trust can be assured thot we comply with the regulatory standards for
fundraising. We ore voLuntarily registered with the Fundroislng Regulator and are
committed to the Fundraising Promise and comply with aLI the relevant standards set out in
the Code of Fundraising Practice. Our Head of Business Development is a member of the
Chartered Institute of Fundroising.
Our fundraising effort involves encouraging donations and gifts from individuaLs. running
and supporting fundraising events, engoging with corporate portners and applying for
grants from Charitable Trusts and Foundations. These fundraising activities are organised
ond monaged by our in-house fundraisers with one external professional fundraiser
engaged in November 2022 to support our fundraising efforts. ALI our in-house and third-
party fundraisers receive regulor training including Data Protection ond fundraising specific
tralnlng. All fundralslng acilvities and third-party contracts are monitored by the Head of
Business Development on a regular basis throughout the year, to ensure standards are
maintained. This includes direct review of work, staff appraisoLs, monitoring of
communications and consultations with non-fundroising staff and supporters.
We encourage any individual, business or third-party, fundraising, on our behalf, to inform
us of their fundraising activities and aLso adhere to the Code of Fundraising Practice.
We have an Ethical Fundraising ond Donations Acceptance Policy which seeks to cover the
ethical issues and sociaL responsibility within fundraising.
We respond to aLL complaints within ten working doys. Complaints ore dealt with in-line
with our Fundraising Complaints Procedure as outlined in our Ethical Fundraising Policy. ALI
complaints are dealt with by our Senior Leadership Team (SLT) and our trustees are
informed of those which are serious. We received zero complaints about our fundraising in
2023.
We have published our Safeguarding Policy on our website. We are aLso signed up to the
Fundraising Preference Service to enable individuals to opt out from receiving fundraising
communications from us. We received zero requests from this service Last year.
Our fundraising promise
We WILL be;
Respectful
Fair ond
reasonable
Accountable
and responsible
Clear, honest
and open
Registered with
FR
FUNDRAISING
REGULATOR
21

Risk Management
The Board of Trustees is sensitive to potentiol risks to which the charity may be exposed.
Risk Register
The monogement of risk by Bendrigg Trust is based upon o Risk Register ('the Register,)
which has been in use since February 2017. The Register is kept under active consideration
by the Centre Director ond is reviewed every Six months by Lhe Risk Register Committee,
which consists of the Centre Director and up to three Trustees. The Last bi-annual review of
the Register was on 28th February 2024.
Responsibilities
The Risk Committee reports to the Trustees in CounciL. Risk Management is ultimately the
responsibility of all Trustees. It is the Trustees duty (assisted by the Risk Committee) to
identify risks, to devise systems for managing those risks (or ensure that proper systems
have been devised) ond to monitor these systems to ensure that they are being put into
effect.
The risks considered in the register ore considered under five headings:
l.Governance
2. Financial
3. Operational
4. External factors
5. Legislation CompLiance
Public Benefit
From 2008, the Charities Act has required all charities to meet the Legal requirement that
its aims are for the public benefit. For this to be true there must be an identifiable benefit
ond the benefit must be to the pubLic or a section of Lhe pubLic.
The Trustees are satisfied that the aims and objectives of the charity, and the activities
reported on in ILS annual report to achieve those aims, meet these principles.
22

Financial Review
Treasurers Report
The Statement of Financial Activities (SOFA) reports a total surplus of £21,598 for the year
ended 31 December 2023 (2022: surpLus OF £106,007); this is made up from an unrestricted
deficit of £35,699 and a restricted funds surplus of £57,297. The overall surplus was added
to the reserves brought forward of £3,779,770, to give total reserves at the baLance sheet
date of £3,801,368.
We are pLeosed to be abLe to report this overall surplus in our activities in 2023, in spite of
some ongoing challenges during the year due to the re-basing of our cost base after the
pandemic and due to widespread inflationary cost pressures. Our cLient and donor income
has improved very considerably, from £1,420,548 in 2022 to £1,546,079 in 2023, an overaLI
increase of over £120,000.
Having sold this, the income in 2022 was much assisted by the inclusion of two exceptional
items with a combined value of £347,000, meaning that the adjusted year on year increase
In non-exceptional income is over £470,000. Some of this increase relates to an uplift in
restricted income received In the year (£404,730 in 2023, compared with £168,654 in 2022),
meaning that unrestricted income has risen by £236,000.
The BaLance Sheet at 31 December confirms net assets of £3,801,368 {2022: £3,779,770),
with net current assets of £767,731 (2022: £659,468) and net cosh balances of £998,042
(2022: £865,021). The cash balances are mostly held for unrestricted purposes, with
£784,582 held as unrestricted funds and £213,460 relating to restricted projects.
The overall cash position provides Bendrigg with good financial resilience as we face into the
ongoing 5U5tainobiLity choLLenges that lie oheod in 2024. The Balonce Sheet also shows the
carrying vaLue of our property and other fixed assets at £3,033,637, most of which are
funded by restricted capital funds.
The Cash Flow Statement provides the detail of Lhe cash movements during the year to 31
December showing that the overall cash position strengthened significantly in 2023, this is
Largely due to the increased value of carried forward restricted project funds.
OveraLI, the FinonciaL Statements reflect o good position after another year of recovery
when the Charity achieved a better than expected overaLL financial performance. The
Bendrigg management team hove worked tirelessly to bring the organisation back Lo pre
pandemic levels of occupancy, and their ongoing efforts wilL ensure that the organisation
returns to a surplus making position as soon as possible.
23

Financial Review cont.
Going Concern
The Trustees and Management Team ore concerned that the Charity is likely to incur
ongoing Unrestricted General Fund deficits in the short to medium term future; in spite of
the return to pre pandemic levels of income generation and site occupancy, our cost base
has risen significantly due to infLationary and other cost pressures.
We do not believe that the expected level of deficit gives rise to concern about the ongoing
assumption of Going Concern, in part due to the resilience of our balonce sheet and cash
reserves and in port due to the work that is currently being undertaken to address the deficit
position.
As a resuLt the Council are satisfied thot the ossumption of Going Concern remains entirely
valid.
Reserves Policy
The Reserves PoLicy, which is reviewed and approved by the CounciL on an annual basis, sets
out an assessment of on appropriate level of free reserves after restrictions and
designations.
The Trustees have again considered the Reserves Policy, ot 31 December 2023, taking full
occount of the range of risks that face the organisation and as captured in our updated Risk
Register.
In determining the torget Level of General Fund reserves the Council have paid close
attention to certoin key risks; in particulor these include the ongoing deficits that the charity
expects to contlnue to Incur In the short term future. This risk-bosed approach to
determining our policy continues to suggest o target Level of free reserves of £600,000,
which equates to approximately six months of unrestricted operating costs.
The unrestricted fund reserves stand at £599.627 at 31 December 2023, meaning that the
Charity is carrying slightly Less free reserve5 than required by the Reserves Policy.
24

Structure, Governance & Management
Constitution
Bendrigg Trust is a charitoble company Limited by guarantee (01396557) incorporated on 27
October 1978 and registered with the Charity Commission (508450) on 15 February 1979.
The company was established under a Memorandum of Association which defines the
objects and powers of the charitable company and is governed under its Articles of
Association. In the event of the company being wound up, the members are required to
contribute on amount not exceeding £5.
Trustees: Recruitment and Induction
Bendrigg recognises that a robust, independent and effective Board of Trustees is essentiaL if
the charity is to achieve it's objects.
New Trustees are Invited to provide a CV and meet the Centre Director and Chair of the
Trustees. Those without background knowledge of Bendrigg are given a tour and invited to
attend Council ondlor Management Committee meetings before they commit themselves.
The aim is to have a varied and diverse Trustee Board with a mix of skills that match
Bendrigg's needs.
After being elected, new Trustees are provided with the main documents which set out the
operationaL framework of the charity including the Memorondum and Articles, Business
Plan, and Financial Statements. Mony Trustees make frequent visits to Bendrigg, giving rise
to an easy and informal relationship with the Centre Director, the rest of the staff and other
TrLJStees.
Under the Articles, the Trustees are elected to serve o period of three years. Of the elected
Trustees, one third retire every year ond are eligible for re-election. Those Trustees retiring
are those who hove been Longest in office since their Last election.
Organisational Structure and Governance
The CounciL meets bi-monthLy and is responsible for the strategic direction and policy of the
charity. Sub-committees consider the detail and report to the Council.
Further to the sub-committees, working groups are also formed to oversee specific projects
for a set period of time.
25

Official statement
Statement of Trustees Responsibilities
The Trustees (who are also directors of Bendrigg Trust for the purposes of company law) are
responsible for preparing the Trustees, Annual Report and the financial statements in
occordance with appLicable Law and regulations.
Company law requires the Trustees 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 Accounts
Standards and appLicable law). Under company 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 charitabLe company and the income and expenditure of the choritable
company for that period.
In preparing these financial statements, the Trustees are required to .
select suitable accounting policies and then apply them consistently
observe the methods and principles in the Charities Stotement of Recommended
Practice {SORP)
• make judgements and accounting estimates thot are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any
maierial departures disclosed and explained in the financial statements
prepare the financial statements, on the going concern basis, unless it is inappropriate
to presume that the charity will continue in operation.
The Trustees are responsibLe for keeping adequate accounting records that are sufficient to
show and exploin the charitable company's tronsoction5 and discI05e, with reasonable
accuracy ot any time, the finonciaL position of the charitable company and enable them to
ensure Lhat Lhe financial statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the charitoble company and hence
for taking reasonable steps for the prevention and detection of fraud and other
irregulorities.
FoLlowing the merger of MHA Moore ond Smalley with MHA, the charity's independent
auditor has now become MHA. A resolution to re-appoint MHA as independent auditor will
be proposed at the next Annual General Meeting.
26

Each of the persons who is a Trustee at the date of approval of this report confirms that:
so far as they are aware there is no relevant audit information of which the charitabLe
compony's ouditor is unaware; and
each Trustee has taken all steps that they ought to have taken as a Trustee to make
themseLves oware of any relevant audit information ond to establish thot the charitable
company's auditor is aware of that information.
Approval
By approving the Trustees report the Trustees ore also approving the strategic report in
their capacity as company directors.
This report wa5 opproved by the Trustees on 21st June 2024 and signed on their behalf by:
Mr Nicholas Liley
Secretary and Centre Director

Independent auditor's report
Auditor's opinion
We have audited the financial statements of Bendrigg Trust for the year ended 31 December
2023 which comprise of the Statement of Financiol Activities, Balance Sheet, Cash FLOW
Statement and notes to the financial statements, incLuding a summary of significant
accounting poLicies.
The finonciaL reporting framework that hos been applied in their preparation is applicable
law and United Kingdom Accountlng Standords, including Financial Reportlng Standard 102
The FinanciaL Reporting Standard applicable in the UK and Republic of Ireland (United
Kingdom Generally Accepted Accounting Practice).
In ouropinion the financial statements:
give a true and fair view of the state of the charitabLe company's affairs as at 31
December 2023, and of its incoming resources and application of resources, including its
income and expenditure, for the year then ended,.
have been properLy prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our oudit in occordonce with International Standards on Auditing (UK) (ISAS
(UK)) and opplicable law. Our responsibilities under those standards are further described in
the Auditor's responsibilities for the audit of the finonciol statement5 section of our report.
We are independent of the charitable company in accordonce with the ethical requirements
that ore relevant to our audit of the financial Statements in the UK, including the FRC'S
Ethical Standard, and we have fulfilLed our other ethical responsibilities in accordance with
these requirements. We believe that the audit evidence we have obtained is sufficient and
opproprlate to provide a basis for our opinion.
Conclusions reLating to going concern
In auditing the financial statements. we hove concluded thot the Trustees, use of the going
concern basis of accounting in the preparation of the finoncial 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 charitable company'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 sections of this report.
28

Other Information
The other information comprises the information included in the Trustees, Annual Report,
other than the finonciol statements and our auditor's report thereon. Our opinion on the
finoncial 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.
Our responsibility is to read the other informotion and, in doing so. consider whether the other
information is materially inconsistent with the financial statements or our knowledge
obtained in the course of the audit or otherwise oppeors to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements, we are required to
determine whether there is a materiaL misstatement in the financial statements or a material
misstatement of the other information. If, bosed on the work we hove performed, we
conclude that there is a materiaL misstatement of this other information, we are required to
report that fact.
We have nothlng to report In this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the Trustees, Annual Report (incorporating the Directors, Report)
for the financial yeor for which the financiol statements are prepared is consistent with
the financial statements; and
the Trustees, Annual Report has been prepared in accordance with applicable legaL
requirements.
Matters on which we are required to report by exception
In the light of our knowledge ond undersLanding of the charitable company and its
environment obtained in the course of the audit, we hove not identified material
misstatements in the Trustees, report. We have nothing to report in respect of the foLlowing
matters in relation to which the Companies Act 2006 requires us to report to you if, in our
opinion:
adequate ond sufficient accounting records have not been kept by the choritoble
company, or returns adequate for our audit have not been received from branches not
Vislted by us" or
the financial Statements ore not in agreement with the accounting records and returns. or
certain disclosures of directors, remuneration specified by Law are not mode; or
we have not received all the information and expLonations we require for our oudit; or
the trustees were not entitled to prepare the financiaL statements in accordance with the
smaLL companies, regime and take advantage of the smaLI companies, exemption in
preparing a strategic report.
29

Responsibilities of Trustees
As explained more fully in the Trustees, responsibilities statement set out on page 26, the
Trustees {who are aLso the directors of the charitable company for the purposes of company
Law) are responsibLe for the preparation of the financial statements ond for being satisfied
that they give a true and fair view, and for such internal control os the Trustees determine is
necessary to enobLe the preparation of financial statements that are free from materiaL
misstatement, whether due to fraud or error.
In preparing the financiol statements, the Trustees are responsible for assessing the
charitable company's ability to continue as a going concern, disclosing, as applicable,
matters related to going concern and using the going concern basis of accounting unless the
Trustees either intend to liquidate the charitable company or to cease operations, or have
o realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements
as a whole are free from material misstotement, whether due to fraud or error, and to issue
an auditor's report that includes our opinion. Reasonable assurance is a high level of
assurance, but is not a guarantee thot an audit conducted in accordance with ISA5 {UK) will
always 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
reosonably be expected LO influence the economic decisions of users token on the basis of
these financial statements.
Irregulorities, including fraud, are instances of non-compliance with laws and reguLations.
We deslgn procedures In Llne with our responslbilitles, outlined above, to detect materlol
misstatements in respect of irregularities, including fraud. The specific procedures for this
engagement and the extent to which these are capoble of detecting irregularities, incLuding
fraud is detaiLed below:
enquiries with the board about any known or suspected instances of non-compliance
with lows and regulations, including fraud;
challenging assumptions and judgements made by the board in their significant
accounting estimotes;
auditing the risk of froud in income by woy of cut off testing, including testing deferral of
income for future bookings, as well as transactional testing to obtain evidence Lhat
income is complete and recognised in the correct accounting period.
an evaluation of the risk management override of controLs and subsequent testing,
incLuding through Eesting journal entries and other adjustments for appropriateness;
and
an evaLuation of the charitabLe company's internal control environment. and
a review of board minutes.
30

Because of the inherent limitations of an audit, there is a risk that we WILL not detect all
irregularities, including those leoding to a material misstatement in the financial
statements or non-compLiance with regulation. This risk increases the more that compliance
with a Law or regulation is removed from the events and tronsoctions reftected in the
financial statements, as we will be less likely to become aware of instances of non-
compliance. The risk is aLso greater regarding irregulorities occurring due to fraud rather
than error, as fraud invoLves intentional concealment, forgery, collusion, omission or
misrepresentation.
A further description of our responsibilities is avaiLable on the Financial Reporting Council'5
website ot: https:/lwww.frc.org.uk/Our-WorklAudit/Audit-ond-assuronce/Stondards-and-
guidancelstandards-and-guidance-for-ouditors/Auditors-responsibilities-for-
oudit/Description-of-auditors-responsibilities-for-audit.aspx. This description forms part of
our ouditor's report.
Use of our report
Thls report is mode soLely to the charitable company's members, as a body, In accordance
with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken
so that we might state to the charitable company's members those motters 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
charitable company ond the charitable company's members as o body, for our oudit work,
for this report. or for the opinion5 we have formed.
Jack Steer
Senior Statutory Auditor
For and on behalf of MHA, Statutory Auditor
Date
14, Mannin Way
Lancaster
Lancoshire
LAI 3SW
MHA is the trading name of Macintyre Hudson LLP, a Limited Liability partnership in England
and Wales, {registered number OC312313)
31

Statement of Financial Activities (Incorporating the income
and expenditure account)
For the Year Ended 31 December 2023
Unrestricted
funds
Restricted
funds
Total
2023
Total
2022
Incorne from:
Donations and Legacies
Investments
Charitable actlvltles
Other
266,174
11,222
863,857
96
404,730
670,904
11,222
863,857
96
367.482
3,753
702,205
347,108
Total
1.141,349
404,730
1,546,079
1,420,548
Expenditure on:
Raising funds
CharitobLe octivitie5
63,501
1,214,227
40,000
206,753
103,501
1,420,980
48,409
1,266,132
Total
1,277,728
246,753
1,524,481
1,314,541
Net {expenditure)/
Income before transfers
(136,379)
157,977
21,598
106,007
Transfer between funds
10, 19
100,680
(100,680)
Net movement In funds
(35,699)
57,297
21,598
106,007
Reconciliation of funds:
Total funds brought forward
635,326
3,144,444
3,779,770
3,673,763
Total funds carried forward
599.627
3,201,741
3,801,368
3,779,770
The Statement of FinanciaL Activities includes all recognised gains and losses in the year.
All of the above amounts relate to continuing octivities.
The Statement of Financial Activities also compLies with the requirements for an income and expenditure
account under the Comparlies Act 2006.
The notes on pages 35 to 52 form part of these financial statements.
32

Balance Sheet
As at 31 December 2023
2023
2022
Fixed assets
Tangible assets
12
3,033,637
3,120,302
Current 05sets
Stock
Debtors
Cash at bank and in hand
7,100
87,391
998,042
12,595
11,019
865,021
13
1,092,533
888,635
Credltors: amounts falllng
due within one year
14
(324,802)
(229,167)
Net current assets
767,731
659,468
TotaL ossets less current liobiLities
3,801,368
3,779,770
Net Q55ets
3,801,368
3,779,770
FL•nds:
Restricted fund5
Unrestricted funds
16
18
3,201,741
599,627
3,144,444
635,326
Total funds
3,801,368
3,779,770
These occounts were approved by the Trustees ond authorised for issue on the 21st June 2024 and are
signed on their behalf by:
Adrian WaLter
Kim Parry
Treasurer
Chair
Company Registration Number: 01396557
33
The notes on pages 35-52 form part of these financiaL statements.

Cash FLOW Statement
For the year ended 31 December 2023
Total
2023
Total
2022
Cash generated in operating activities
140,255
175,496
CashfLows from investing activities:
Investment income
Proceeds from saLe of fixed assets
Purchase of fixed assets
11,222
416
(18,872)
3,753
125,317
(11,588)
Cash provided by/ (used in) investing activities
(7,234)
117,482
Cashflows from financing activitie5
Payment of loan
(250,000)
Cash provided byl (used in) financing octivities
(250,000)
Increase In cash and cash equlvalents In the year
Cash and cash equivalents brought forward
133,021
865,021
42,978
822,043
Cash and cash equivalents carried forward
998,042
865,021
ReconclLlation of net movement In funds to net coshflow from operat5ng actlvltles
Net movement in funds
Profit on sale of assets
Investments Income received
Depreciation
Increase l (decrease) in stocks
Decreosellincrease) in debtors
Increase in creditors (excLuding loan)
21,598
(96)
(11,222)
105,217
5,495
(76,372)
95,635
106,007
(118,394)
{3,753}
113,112
{1,484)
1,927
52,348
Net cash generated in operating octivities
140,255
175,496
Components of cash and cash equivalents
Cash at bank and in hand
998,042
865,021
998,042
865,021
34
The notes on pages 35-52 form part of these financial statements.

Notes to the financial statements
for the year ended 31 December 2023
l Accounting policies
Legal form
Bendrigg Trust is o registered charity and a limited company, limited by guarantee, as
defined by the Companies Act 2006, incorporated in England and Wales. In the event of the
Charity being wound up, the liability in respect of the guarantee is limited to £5 per member
of the Charity.
The registered office of the Charity, the nature of its operations and its principal octivities
are all detailed in the Charity administrotive detoils of these financial statements.
Basis of preparation
Bendrigg Trust meets the definition of a public benefit entity under FRS102. The financial
statements have been prepared in accordance with Accounting 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 (FRS102) - (Charities SORP IFRS 102)), the Financiol Reporting Standard appLicable
In the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and the Companies Act
2006.
The financial statements are prepored in sterling, which is the functional currency of the
Charity. Monetory omounts ore rounded to the nearest pound.
The financiaL statements have been prepared on a going concern basis under the historical
cost convention. The particular occounting policies adopted by the Trustees are described
below. These policies have been consistently applied to all years presented unless otherwise
stated.
Preparation of the accounts on a going concern basis
The trustees assess whether the use of going concern is appropriote i.e. whether ihere are
any material uncertainties related to events or conditions that may cost significant doubt on
the ability of the Charity to continue as a going concern. The Trustees consider the charity to
have a sufficient Level of working capital to see it through the upcoming months and have
made an ossessment in respect of o period of ot Leost one year from the date of outhorisation
for issue of the financlal staiements. There are no rnoteriaL uncertainties about the Charity's
abiLity to continue as a going concern, thus they continue to adopt the going concern basis of
accounting in preparing the financial statements.
Income
Donations and Legacies are included in the accounts on a cash received basis or where there
is a certainty of receipt and the amount is quantifiabLe. Grants and donations in respect of
specific projects are recognised in full in the Statement of Financial Activities in the period in
which they are receivable and are credited to restricted reserves.
35

Notes to the financial statements
for the year ended 31 December 2023
l Accountlng poLlcies (contlnued)
Investment income is credited to the statement of financiol activities in the period in which it
becomes receivable.
Income from charitabLe activities is recognised in the period to which it relates.
Other Income Includes Income from insurance cloim receipts ond the sale of tangible assets
which are recognised upon legal entitlement to the Charity.
Expenditure
AIL expenditure is occounted for on on occruols bosis In the expense categories required by
the SORP. Expenditure is recognised where there is a Legal or constructive obligation to
make payments to third parties, it is probable that the settlement will be required, and the
amount of the obLigation can be measured reliabLy. Costs are further allocated between the
activities undertaken on a basis consistent with the use of the resources.
CharitobLe activities expenditure includes Costs incurred in the deLivery of the Charity's
activities and services. It includes both direct Costs, including staff costs, that are incurred in
the deLivery of the activities and services and indirect costs which are required to support
the delivery of the charitable objects.
Costs of raising funds include those costs in relation to the Charity's operotions which are
used to generate further income which is integral to the Charity in meeting its charitable
objectives. It includes direct costs and aL50 indirect costs which hove been aLLocaLed based
on an estimated share reLating to fundraising costs.
Fixed assets
ALL fixed assets are initially recorded at cost. Depreciation is provided at rates calculated to
write off the cost of fixed a55ets, less their residual value, over their expected useful Lives on
the folLowing basis:
Freehold property
Leasehold property
Motor vehicles and trailers
Fixtures, fittings and equipment
Sports instaLLations
2 % straight line per annum
4% straight line per annum
250/0 reducing balance
100/01200/0 Straight line per annum
10 % straight line per annum
Stock5
Stocks are valued at the lower of cost ond net reaLisabLe value after making
aLLowance for obsoLete and slow moving stocks.
36

Notes to the financial statements
for the year ended 31 December 2023
l Accounting poLicies (continued)
Debtors and creditors withln one year
Debtors and creditors with no stated interest rate and receivable and payable within one
year ore recorded at transaction price. Any Losses arising from impairment ore recognised in
expenditure.
Cash and cash equivaLents
Cash is a basic financial asset and includes cash in hand and deposits held on COLI with banks.
Fund accountlng
Unrestricted funds
General funds are available for use at the discretion of the Trustees in
furtherance of the generaL objectives of the charity.
Designoted funds
particular purposes.
Designoted funds are unrestricted funds set oside by the Trustees for
Restrirted funds
Restricted funds arise where there is a donor-imposed restriction on
the use of the funds, or the funds have arisen in response to an appeal for a specified
purpose.
Pensions
The Charity operates a defined contribution scheme. Contributions are charged in the
Statement of FinanciaL Activities as they become payable in accordance with the rules of the
scheme.
Toxotion
HM Revenue & Customs considers Bendrigg Trust to be a charity ond therefore they are
entitled to exemption from tax afforded by Sections 478-489 of the Corporation Taxes Act
2010 to the extent thot income is applied exclusively for charitable purposes.
FlnanclaL Instruments
The Charity has elected LO apply the provisions of Section 11 'Basic Financial InstrumenLS'
and Section 12 '0ther Financial Instruments Issues, of FRS 102 to aLL of its financial
instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity
becomes party to contractuaL provisions of the instrument.
Financial assets and liobilities are offset, with the net amounts presented in the finoncial
statements, when there is a Legally enforceable right to offset the recogni5ed amounts and
there is an intention to settle on o net bosis or to reolise the asset ond settle the liability
simuLtoneousLy.
37

Notes to the financial statements
for the year ended 31 December 2023
l Accounting policies (continued)
Bosic financial a55ets
Basic financiol assets, which include debtors and cash and bank balances, are initially
measured at transaction price and are subsequently carried at amortised cost. FinanciaL
assets classified as receivable within one year are not amortised.
Financial assets are assessed for indicators of impairment at each reporting end date.
Financial assets are impaired where there is objective evidence that the estimated future
cash flows have been affected. The impairment Loss is recognised in the statement of
financiaL activities.
Financial assets are derecognised only when the contractual rights to the cash flows from
the asset expire or are settled, or when the company transfers the financial asset and
substantially OLI the rlsks ond rewords of ownership io onother entity.
Baslc flnanclal Llabllltles
Basic financial liobilities. including creditors. are initially recognised at transaction price,
where the debt instrument is measured at the present value of the future receipts
discounted at a market rate of interest. Financial liabilities classified as payable within one
year are not amortised. Debt instruments are subsequently carried at amortised cost.
Trade creditors ore obligatlons to poy for goods or servlces thot have been acquired Sn the
ordinary course of busine55 from suppliers. Amounts payabLe are cLassified as current
liabilities if payment is due within one year or less. If not, they are presented os non-current
liabilities.
Financial liabiLities are derecognised when the company's contractual obligations expire or
are discharged or canceLLed.
2 Judgements and key sources of estimation uncertainty
In the application of the Charity's accounting policies, the Trustees are required to
makejudgements, estimates ond assumptions about the carrying amounts of assets
and liabilities thot are not reodiLy apparent from other sources. The estimates and
associated assumptions are bosed on historicoL experience and other factors that are
considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions
to accounting estimates are recognised in the period in which the estimate is revised
where the revision affects only Lhat period, or in the period of the revision and future
perlods where the revlsion affects both current and future periods.
Key ossumptions. judgements and estimates
In the opinion of the Trustees, there have been no significant judgements made in the
process of applying the obove occounting policies. There have been no key ossumptions
concerning future and other key sources of estimation uncertainty ot the reporting date that
have a significant risk of causing a material adjustment to the carrying amounts of assets
ond LiabiLities within the next financial year.
38

Notes to the financiaL statements
for the year ended 31 December 2023
3 Income from donations and Legacies
U nrestricted
funds
Restricted
funds
Total
2023
Total
2022
GeneraL donations
Restricted donations
Sponsored courses
Specific capitol donations
266,174
266,174
157,534
106,240
140,950
198,828
106,642
62,012
157,534
106,246
140,950
266,174
404,730
670,904
367,482
Total 2022
198,828
168,054
367,482
4 Income from Investments
Unrestrlcted
funds
Restricted
funds
Totol
2023
Total
2022
Bank interest recelvable
11,222
11,222
3,753
11,222
11,222
3,753
Total 2022
3,753
3, 753
5 Income from charitobLe octivities
Unrestrlcted
funds
Restricted
funds
Total
2023
Total
2022
Course fees
Other charitable activities
833,731
30,126
833,731
30,126
677.816
24,389
863,857
863,857
702,205
Total 2022
702,205
702,205
39

Notes to the financial statements
for the year ended 31 December 2023
6 Other income
Unrestricted
funds
Restricted
funds
Total
2023
Total
2022
Insurance claim receipt
228,714
118,394
Proceeds from sale of asset
96
96
96
347,108
Total 2022
347,108
347,108
7 Expendlture on raislng funds
Unrestricted
funds
Restricted
funds
Total
2023
TotaL
2022
Telephone
Postage
Direct fundraising costs
Freelance fundraisers fee
Staff costs
383
110
4,678
383
110
7,694
9,600
85,714
633
3,016
9,600
27,384
4,642
1,200
41,934
58,330
63,501
40,000
103,501
48,409
Total 2022
48,409
48,409
40

Notes to the financial statements
for the year ended 31 December 2023
Expenditure on charitable activities
Total
TotaL
U nrestrlcted
Restricted
2023
2022
Goods for resale
Rates and water
Light and heat
Repairs and maintenance
Insurance
Motor vehicLe expenses
TeLephone
Provisions and household
Sundry expenses
Outdoor equipment
Staff training
Advertising and sponsorship
Bank charges
Printing, post and stationery
Freelance instructors fees
Audlt and professional fees
IT software and consumabLes
Entry fees
Subscriptions
Indemnity insurance
Wages ond 5oLaries
National insurance
Pension cost
Depreciation
Impairment of leasehold
9,115
1,766
46,050
83,644
22,712
24,683
3,450
113,065
8,819
6,040
13,446
24,693
2,236
14,190
51,256
16,124
15,282
2,201
2,943
1,193
589,486
32,077
24,539
105,217
9,115
1,766
46,050
83,644
22,712
24,683
3,450
113,065
46,833
6,040
13,446
24,693
2,236
14,190
51,256
16,124
15,282
2,201
2,943
1,193
743,439
40,454
30,948
105,217
4,514
3,302
42,739
81,423
15,702
25,257
2,532
86,888
9,956
5,976
12,371
9,791
1,796
11,605
43,735
9,609
14,092
2,142
3,732
435
551,697
23,931
24,015
113,112
25,733
38,014
153,953
8,377
6,409
1,214,227
206,753
1,420,980
1,266,132
Total 2022
1,120,086
140,040
1,206,132
Support costs are allocated entirely to chariLabLe activities in both the current and prior period.
41

Notes to the financial statements
for the year ended 31 December 2023
9 Net incomel(expenditure)
2023
2022
Net income 15 Stated after charging:
Staff pension contributions
Auditors, remuneration
audit of the financiaL statements
Depreciation of tangibLe ossets
owned by the Charity
43,561
36,849
9,500
5,500
105,217
113,112
10 Fund transfers
A transfer is made onnuaLly from restricted to unrestricted funds in respect of depreciation charges in the
year which relate to restricted assets. This year this transfer amounted to £100,680.
Restricted funds are made up of restricted income funds and restricted copitaL funds. During the current
year restricted income funds were used to purchase fixed assets in the financial year and transfers of
£7,404 were made to restricted capital funds. A further £39,692 of resiricted income funds have been
commltted to flxed assets (deposlts have been mode) so a similar transfer to the restrlcted capltoL fund
has been made. Total transfers from income fund5 to capital funds were £47,096.
The transfer out of restricted capital funds of £53,584 is the net of the depreciation transfer (£100,680)
and the copiiaL asset Iransfer (£47,096).
Further details of fund transfers are included in Note 16.
11 Analysis of staff costs. trustee remuneration ond the cost of key management personnel
Total staff costs were as foLIows
2023
2022
Wages and salaries
Sociol security costs
Pension costs
798,806
58,188
43,561
674,332
49,343
36,849
900,555
760,524
42

Notes to the financial statements
for the year ended 31 December 2023
11 AnaLysis of staff costs, trustee remunerotion and the cost of key management personnel (continued)
Particulors of employees:
The average number of employees during the year was as follows:
2023
2022
Administrative staff
Tutorial stoff
Maintenance staff
13
16
11
15
Catering and domestic staff
38
34
No employee received remuneration of more than £60,000 during the current or prior year.
The total omount of employee benefits recelved by key monogemenE personneL, as deLerm5ned by the
Charity, is £234,602 (2022: £194,927) during the current period.
The Charity operates a defined contribution pension scheme. The contributions paid into the scheme in
respect of eligible empLoyees for the year ended 31 December 2023 amounted to £43,561 (2022:
£36,849).
No Trustees received ony remuneration during the current or prior period. No Trustee received any
expenses for their role as Trustees in the current or prior period.
43 1

Notes to the financial statements
for the year ended 31 December 2023
12 Tangible fixed assets
Motor
Vehicles
& traiLers
Fixtures
Fittings &
equipment
Freehold
Property
Leasehold
Property
Totals
C05t
At l January 2023
Additions
Disposals
4,180,254
7.036
76,456
277,432
602,456
5,136,598
11,836
18,872
{471,004) 1580,302)
(76,456)
(32,842)
At 31 December 2023
4,187,290
244,590
143,288
4,575,168
Depreclatlon
At l January 2023
Charge for the year
Eliminated on disposal
1,142.377
83,759
76,456
202,307
18,742
(32,522)
595,156
2,716
14,71,004)
2,016,296
105,217
(579,982)
(76,456)
At 31 December 2023
1,226,136
188,527
126,868
1,541,531
Net book value
At 31 December 2023
2,961,154
56,063
16,420
3,033,637
At 31 December 2022
3,037,877
75,125
7,300
3,120,302
The freehold ot Bendrigg Lodge was transferred from the Mary Kinross Trust on 12 March 1985 as a
gift. The freehoLd is not included in the financial statements as an asset but has a substantial market
value.
The freehold property reported above, havlng a netbook value of £2,961,154 relates to the capitalised
Cost of property developments (including Acorn House) that have taken place on the Bendrigg site
subsequent to the original gift of Bendrigg Lodge.
A 25 year Lease on Greenslack was agreed in April 2006 and this is the only Leasehold held by the Trust.
During the year, the Charity has disposed of the leasehold property improvements, on the basis that it
intends to terminate the Lease.
44

Notes to the financial statements
for the year ended 31 December 2023
13 Debtors
2023
2022
Trade debtors
Prepayments
193
87,198
358
10,661
87,391
11,019
14 Creditors: Amounts faLling due within one year
2023
2022
Trade creditors
Toxation and sociol security
Other creditors
Accruals
Deferred Income
23,380
22,383
1,045
36,613
241,381
24,466
10,901
2,241
29,596
161,963
Note 15
324,802
229,167
15 Deferred income
2023
2022
Balance brought forward
Course fees received in advance
Release of deferred income
161,963
238,574
(159,156)
145,900
147,861
(131,7981
241,381
161,963
45

Notes to the financial statements
for the year ended 31 December 2023
16 Restricted funds: Current year
Atl
Jonuary
2023 Income
At31
December
2023
Expenditure Transfers
Restricted funds
Restricted funds income
Restricted funds capital
17
102,579 404.730
3,041,865
(246,753) (47,096)
213,460
{53,584) 2,988,281
Total funds
3,144,444 404,730
(246,753) (100,680) 3,201,741
Restricted funds: Prior year
Atl
January
2022 Income
At31
December
2022
Expenditure Transfers
Note
Restricted funds
Restrlcied funds Income
Restricted funds capital
17
73,971 168,654
3,176,817
(140,046)
102,579
{134,952) 3,041,865
Total funds
3,250,788 168,654
(140.046) (134,952) 3,144.444
Restricted capital funds are made up of incoming resources given specifically to acquire fixed assets,
as reduced over the useful economic Life of those assets in line with their depreciation
£2,988,281
(2022: £3,041,865).
$1,

Notes to the financial statements
for the year ended 31 December 2023
17 Restricted funds: Current year
Atl
January
2023 Income Expenditure Transfers
At31
December
2023
Climbing Club
Sponsored Courses
Outdoor Equipment
Canoes
Sensory Room
Tube SLide
Trainee Coordinator
BA Co-ordinator
Someone Like Me Project
Beyond Bendrigg Project
Bendrigg Development
Minibus
12,025
17,617 106,246
9,350
12,220
16,486
25,950
560
1,000
15,000
8,750
21,791
(12,025)
{89,5111
(13,5371 (3,7011
(22,3951
34,352
4,332
20,041
(560)
25,000
26.000
{15,0001
{23,7501
(42,1751
(3,7501
(1,7501
15,000
53,364
3,750
25,000
90,000
3,000
1,200
4,000
40,000
32,980
23,250
69,000
(21,0001
Apprenticeshlp
Fareshare {RL)
Staff Wellbeing project
Fundraising Project
(3,0001
(1,2001
(4951
(40,0001
3,505
Restricted income funds
102,579 404,730
(246,7531 (47,0961
213,460
Restricted income funds: Prior year
Atl
January
2022 Income Expenditure Transfer5
At31
December
2022
Climbing Club
Sponsored Courses
Outdoor Equipment
Canoes
Sensory Room
Tube Slide
Trainee Coordinator
Trainee- Training
BA Co-ordinator
Hidden Disabilities Project
'Someone Like Me, Project
8,760
35,504
1,450
11,580
62,012
12,614
16,486
{8,315)
(79,899)
(4,714)
12,025
17,617
9,350
16,486
560
1,000
15,000
560
1,000
15,000
3.000
15,000
16,611
960
(16,611)
(3,960)
(6,250)
(10,126)
(10.171)
8,750
10,126
31.962
21,791
Restricted income funds
73.971 168,654
{140.046)
102,579
47

Notes to the financial statements
for the year ended 31 December 2023
17 Restricted income funds (continued)
Climbing Club: funds used to support an inclusive climbing club which aLlows young people
of oll abiLitie5 LO Leorn Lo climb in a safe, supported and fun environment.
Sponsored Courses". enoble5 bursaries to be given LO some groups who without it would not
be able Lo afford to come to Bendrigg.
Outdoor Equipment: enables specific pieces of equipment to be purchased.
Canoes: to fund a new fleet of canoes.
Sensory Room: funding received enabled the sensory room to be upgraded.
Tube SLide: to fund the buiLding of two new tube slide huts which will incorporate a built-in
hoisting system.
Trainee Co-ordinator: to fund a post which supervises the work and the development of
trainee tutors.
BA Co-ordinator: to fund a co-ordinator post for the Bendrigg Alternative Scheme which is
a scheme providing opportunities for offenders, or those at risk of offending, to work
alongside the groups who visit Bendrigg.
Hidden Disability Project.. funding to create 15 social story books and videos aimed at
people with autistic spectrum disorder and other hidden disabilities.
'Someone Like Me, VoLunteer Project: to support the volunteer programme with a specific
focus on increasing the number of volunteers with a disability.
Beyond Bendrlgg Project: to help the outdoor, tourlsm and lelsure sectors io be more
inclusive and accessible. Tailored training and bespoke advice demonstrate how, and why,
to make activities open to all.
Bendrigg Development Project: to fund an enabling phase for possibLe improvements to the
Bendrigg estate.
Apprenticeship: funding received to support Bendrigg apprentices.
Fareshare (RL): funding received through Kinder Kind of Kitchen Project, which allows
access to Fareshore, an organisation that redistributes food across Cumbria and
Lancashire, to community food groups.
Fundraising Support: funding received to expand Bendrigg's fundraising capabilities.
Staff WeLlbeing Project: funding received to provide wellbeing support to Bendrigg
empLoyees.
Minibus: to fund the purchase of minibuses.
48

Notes to the financial statements
for the year ended 31 December 2023
18 Unrestricted income funds: Current year
Atl
January
2023
At31
December
2023
Income Expenditure Transfers
General Funds
635,326 1,141,349 (1,277,728) 100,680
599,627
Unrestricted funds
635,326 1,141,349 (1,277,728) 100,680
599,627
Unrestricted Income funds: Prior year
Atl
January
2022
At31
December
2022
Income Expenditure Transfers
General Funds
422,975 1,251,894 (1,174,495)
134,952
635,326
Unrestrlcted funds
422,975 1,251,894 (1,174,495)
134,952
635,320
19 Analysis of fund transfers
Total
Annual transfer in respect of restricted fixed asset funds
100,680
Total transfers
100,080
49

Notes to the financial statements
for the year ended 31 December 2023
20 Analysis of net assets between funds: Current year
Net current
Tanglble
fixed ossets
assets excl. Long term
cash liabilities
Cash
Total
Restrlcted funds
GeneraL funds
2,988,281
45,356
213,460
784,582
3,201,741
599,627
(230,311)
Total funds
3,033,637
998,042
(230,311)
3,801,368
Analysis of net assets between funds: Prior year
Net current
assets excl.
cash
Tangible
fixed assets
Long term
Ilabllltles
Cash
Total
Restricted funds
GeneroL funds
3,041,865 102,579
78,437 762,442
3,144,444
635,326
(205,553)
TotaL funds
3,120,302 865,021
(205,553)
3,779,770
21 Operating Lease commitments
At 31 December 2023, the totaL of the Charity's future minimum Lease payments under non-
concellabLe operating leoses was:
2023
2022
Amounts payable:
Within l year
Between l ond 5 years
1,596
3,984
1,596
5,580
5,580
7,176
50

Notes to the financial statements
for the year ended 31 December 2023
22 Capital committments
2023
2022
Amounts contracted for but not provided in the financial statements:
Acquisition of tangible fixed assets
106,893
106,893
23 Contingencies
The chority received lottery grants totalling £243,364 during the financial yeors 1999 and 2000 to
fund the development of improvements to the accornmodation in Bendrigg Lodge and also a grant
of £200,000 between 2007 ond 2008 Lowords the construction of the Kinross Building. The charlty
may not dispose of these buildings without prlor written permission of the Lottery Board, nor use
the buildings as security for a Loan. This restriction sholl be in force for 80 years from the date of the
grants.
24 Control and related party transactlons
The charlty was under the control of the Board of Trustees who are also dlrectors for the purposes of
company Law in both the current and prior period.
The charity has a very close relationship with The Bendrigg Support Trust. The Support Trust was
establlshed for the purpose of supporting the work of the Bendrigg Trust. A revenue grant of £40,000
{2022: £20,000) and a specific donation grant of £25,000 (2022: £niL) was received during the year.
Mr J Holmes, Mr T Lowe ond Miss R Hodgson, Trustees, ore also Trustees of the Bendrigg Support
Trust along with an independent Trustee, Mr R Brownson.
The charity also has a close relationship with The Mary Kinross Charitable Trust through an
influential member who is also on the Bendrigg Alternative Committee. Total grants received during
the yeor total £105,000 {2022: £100,000). Of Lhese gronls, £105,000 was for restricted purposes.
During the year the charity incurred costs of £1,193 (2022: £435) relating to indemnity insurance for
the Trustees.
There were no outstanding balances with related parties at 31 December 2023 or 31 December 2022.
25 Company Limited by guarantee
The company is limited by guarantee. In event of the cornpany being wound up or dissolved, each
member undertakes to contribute such omounts as is required, not exceeding £5, for payment of any
debts or liabilities.
51

Reference & administrative details
Charity details
Registered Charity name: Bendrigg Trust
Chority Registration number: 508450
Company Registration number: 01396557
Registered office: Bendrigg Lodge, Old Hutton, Kendal LA8 ONR
Trustees
The Trustees who served the company during the period were as follows:
Adrian Wolter, Chair of Trustees
Kim Parry, Treasurer
RachaeL Hodgson
Kay Foster
Shelagh McGregor (retired 23rd June 2023)
Jeremy PraLI
Tim Lowe
Judy Rayner (retired 23rd June 2023)
John Holmes MBE
Brian McDonough
Peter Botes
Tom Hibbert
Anne FLeck
Kirsty Heywood-MacDonaLd loppointed 23rd June 2023)
Amy Pearman (oppolnted 23rd June 2023)
Senior Management Team
Company Secretary and Centre Director: Nicholas Liley
Head of Business Development: Soroh Garman
Activities Manager: Som Litten
Finance and HR Manager: Gill Smith
Interim Facilities Manager: Graham Franks {January - June 2023}
Facilities Manager: Jonathan Wolfendale
Training, Research & ConsuLtancy Manager: Sara Murray (appointed September 2023)
Patrons
Sir Chris Bonington CVO CBE DL
Claire Hensman, Lord Lieutenant of Cumbria (retired 3rd JULY 2023)
Jamie Andrew
Auditor: MHA, Chartered Accountants & Statutory Auditor. 14 Mannin Way, Lancaster.
Lancashire, LAI 3SW
52