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← Whirlow Hall Farm Trust Limited

2025-07-31-accounts

REGISTERED COMPANY NUMBER: 01432126 (England and Wales) REGISTERED CHARITY NUMBER: 508910

REPORT OF THE TRUSTEES AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 FOR

WHIRLOW HALL FARM TRUST LIMITED AND ITS SUBSIDIARIES

Hollis and Co Limited Chartered Accountants Statutory Auditor 35 Wilkinson Street Sheffield South Yorkshire S10 2GB

WHIRLOW HALL FARM TRUST LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

Page
Reference and Administrative Details 1
Chairman's Report 2
Report of the Trustees 3 to 11
Report of the Independent Auditors 12 to 14
Consolidated Statement of Financial Activities 15
Consolidated Balance Sheet 16
Company Balance Sheet 17
Consolidated Cash Flow Statement 18
Notes to the Consolidated Cash Flow Statement 19
Notes to the Consolidated Financial Statements 20 To 33
Detailed Consolidated Statement of Financial Activities 34 to 35

WHIRLOW HALL FARM TRUST LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JULY 2025

TRUSTEES Kathleen Margaret Aikin (resigned 10/11/24) Hugh David Facey Norman Stuart Farmer Peter David Edwards - Chair Olubukola Oshin (resigned 23/11/24) Martin McKervey Tanya Christina Holt (resigned 23/11/24) Kate Louise Gemmell Martin Ziedler Joanne Mills Colin Arthur Ross (appointed 09/11/24) Carey New (appointed 02/10/25) COMPANY SECRETARY Martin McKervey REGISTERED OFFICE Whirlow Hall Farm Whirlow Lane Sheffield S11 9QF REGISTERED COMPANY 01432226 (England and Wales) NUMBER REGISTERED CHARITY 508910 NUMBER AUDITORS Hollis and Co Limited Chartered Accountants Statutory Auditor 35 Wilkinson Street Sheffield South Yorkshire S10 2GB CHIEF EXECUTIVE OFFICE Ben Davies BANKERS HSBC 22 The Moor Sheffield S1 4PA

1

WHIRLOW HALL FARM TRUST LIMITED

CHAIRMAN'S REPORT FOR THE YEAR ENDED 31 JULY 2025

Those following the Trust's activities in recent years will have seen considerable change. Having identified additional need for its services in Sheffield and the surrounding areas, the Board put in place plans to invest in the Trust's income-generating elements - our café, farm shop and events - in order to finance the expansion of our educational facilities.

Whilst the opening of these new facilities in 2021 and 2022 was an enormous step forward it was simply a means to an end. The goal was a Trust that was able to help increasing numbers of disadvantaged youngsters each year, and that was financially stable.

The Board is therefore delighted to report that in this period we have seen further increase in the size of our education team and the range of programmes they deliver, an increase in the number of children and young adults who have attended those programmes, and an improvement in the financial performance of our incomegenerating elements. It is clear that the Board's plans, brought to life by the Trust's hard-working team of staff, volunteers and supporters, have been a success.

Whilst our young adult programmes run 50 weeks of the year, we were pleased to be able to expand our provision for children into the school holidays this year. During the Easter half term and throughout the summer holidays we hosted children who, during term-time, qualify for free school meals, on the Holiday Activities and Food (HAF) programme. For many it was the highlight of their holiday. In addition, we were delighted to have been selected as one of only 2 organisations to have been selected by Sheffield City Council to deliver Therapeutic services for the most challenged school children. As a result, the Trust has helped more disadvantaged youngsters than ever before - delivering over 13,500 student days at the Farm, for children and young adults aged from 6 to 40 years old, across 50 weeks of the year.

Financing this work is as difficult as ever. But the investment in our income-generating activities has proved well-founded, despite all of the challenges of the current economic climate. Our café is now routinely full and turnover in our farm shop has increased by a third over the previous year. As a result, the surplus they contribute to the Trust is at an all-time high. As a result, we are in a strong financial position and have adequate reserves for the coming year. Indeed, we are sufficiently confident that the Board has begun the next round of planning to further improve our charitable facilities and offer; I look forward to reporting on progress in next year's report.

Finally, the Board wants to thank all those who have supported the Trust this year. They have contributed to every aspect of Trust life - delivering our charitable programmes, fundraising on our behalf, helping with governance and management, working in the shop, café and at events, raising our profile and so much more. It is because of that combined effort that the Trust continues to go from strength-to-strength. On behalf of the increasing numbers of children and young adults we helped this year - thank you.

Peter Edwards

Chair of the Board of Trustees

September 2025

2

WHIRLOW HALL FARM TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Whirlow Hall Farm Trust Ltd (WHFT) is located on a 138 acre working farm on the outskirts of Sheffield. We provide outdoor-based educational and developmental activities for children and young adults on day and residential programmes. We welcome youngsters from all backgrounds but particularly individuals who have special educational needs and disabilities (SEND), behavioural and emotional challenges, or schools and groups from areas that are disadvantaged. We provide tailored opportunities that enable them to reach their full potential, with programmes built around nurture, farming and the environment, and closely allied to citywide priorities.

For some - particularly primary school children - what we do enhances existing educational and vocational provision. Our primary school programmes give our youngest visitors their first experience of the countryside, provide the chance to form bonds with classmates and teachers and, for our residential groups, will often be the first time the children have spent a night away from their families. Many will remember their trip here for the rest of their lives.

But our focus is currently on meeting the city's greatest demand - providing an alternative for the increasing numbers whose needs cannot be met by mainstream settings. We help secondary school children who have been excluded, or who are at risk of exclusion; we help them stay connected or reconnect with education so that they can make the most of their childhoods and futures. We help young adults whose learning needs mean they are at risk of isolation, or that limit their ability to live independently. The year-round provision of that programme also offers important continuity in the respite afforded to families and carers. Increasingly we are looking to equip our older students - both secondary school age and young adults - with practical skills which will increase their independence and employability. We have put significant effort into expanding these alternative programmes in recent years. We continue to refine our curricula and our delivery methods to ensure that our work is as effective as possible, and that every youngster gains the most out of their time with us.

We are proudly inclusive, and also offer supported volunteering placements, host university students on a variety of courses, run an apprenticeship scheme and provide employment for people with special needs.

Significant activities

Current Programmes

3

WHIRLOW HALL FARM TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

Public benefit

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

ACHIEVEMENT AND PERFORMANCE Charitable activities

We measure our charitable performance in a number of ways - the total number of student days we provide, the number of students we help, and the impact we have on their lives. We are delighted to report that, thanks to the recent implementation of our 40th anniversary plans - which saw an increase in both facilities and staff - we have again seen improvement across the Board.

During the course of the year we:

We delivered over 13,500 student days this year, an increase of 1,100 days on the previous year. Thanks in part to an expansion of programmes into the school holidays - we delivered Sheffield City Council's Holiday Activities and Food (HAF) programme to children who qualify for free school meals - we had an average of 55 youngsters at the farm each weekday, 50 weeks of the year, a 10% increase on the previous year. We regularly assess our secondary students and are delighted that 85% show a reduction in anxieties when they spend a term at the Farm, that attendance levels remain at nearly 75%, and that 80% move on from the Trust in a positive way - re-engaging with school, gaining a place in a special school or onto further education and training. Our young adults programmes for those with lifelong learning difficulties remains fully subscribed, with 100% retention. But even there we were able to offer more - one of the students now has a part-time job in our café, working alongside the rest of the team and, like them, receives an electronic payslip before her wages hit her bank account each month. Her sense of achievement is plain for all to see.

We continue to refine our curricula and our delivery methods to ensure that our work is as effective as possible, and that every youngster gains the most out of their time with us.

4

WHIRLOW HALL FARM TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

ACHIEVEMENT AND PERFORMANCE

THE FARM

The various demands of the Trust's operations make the Farm a challenging place to work. The diversity necessary for the educational offering, the impact of fundraising events, its size and exposed position constrain the commercial viability of the farm; that variety also means that the Farm operation requires significant infrastructure and equipment.

Despite the ongoing high costs of energy, feed and bedding, we continue to be home to a wide variety of farm animals for educational purposes - pigs, cows, sheep, goats and hens. Small animals and other fowl provide additional variety for school groups and visitors, whilst free-range turkeys are a welcome sight in the lead up to Christmas. Our Farm Manager is an experienced and regenerative-focussed individual who ensures animal welfare is a priority on the Farm. Those animals that are bred for meat are sold through our farm shop, or at the local livestock market.

At nearly 1,000ft above sea level, the horticultural operation contributes a limited variety of fruit and vegetables throughout the year. Our kitchen garden is tended by volunteers and students, with produce used by our students' in their Gateway Kitchen. Our volunteer-run vineyard, like the majority of vineyards in Britain, had a very poor year as a result of unfavourable weather conditions. But with sufficient reserves in stock, we will be able to continue selling wine through our shop and events until the next harvest; we were particularly grateful to Gripple and LoadHog for supplying pickers, boxes and the means of transporting the harvest to the winery. The orchard has a similar role, and produced enough apples for our horticulture volunteers to produce nearly 500 bottles of cider. Christmas trees are produced to meet seasonal demand.

5

WHIRLOW HALL FARM TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

ACHIEVEMENT AND PERFORMANCE

FARM SHOP, CAFÉ AND OFF-SITE CATERING

Our new café and shop have made huge strides in the last year, despite the economic challenges that small businesses across the country faced. The shop increased sales by 30%, and the café by 20%, and both delivered a substantial surplus to help fund our charitable activities. Whilst events income dropped - a result of fewer weddings being held at the farm, - it too delivered a substantial surplus, on a par with the shop and café. On-line reviews for all commercial activities are now invariably very good and stand us in good stead for the future. It is apparent that the investment in our commercial activities was a sound decision by the Board, and that the upturn in performance is reflective of the settled and happy team that now runs those activities on behalf of the Trust.

FUNDRAISING

Fundraising was a challenge this year, with many grant-giving organisations pulling in their belts. That said, we received generous support - both restricted and unrestricted - from a wide range of organisations, community groups, individuals and business who recognise the importance of services for vulnerable children and young adults from across the city region. This generosity has been vital to meeting the running costs of the Trust, and for the development of its facilities. We are particularly humbled that so many have supported Whirlow on a number of occasions over many years. Whilst many donors, particularly individuals, wish to remain anonymous, further details can be found at Note 20.

We are also grateful that several local businesses continue to support and sponsor us. We received generous in-kind support from Arborist Tree Care, ARS Limited, CMS, DLP, Gripple, LoadHog and the Rotary Club of Abbeydale. In addition, we opened our gates to the public for a number of fundraising events - Easter Lambing, Pumpkin Patch and Christmas Market. GRI Group and Gripple's generous sponsorship of fundraising events was gratefully received.

ENVIRONMENTAL IMPROVEMENTS

We care deeply about the environment and continue to work on reducing our impact upon it.

The regenerative approach to farming - producing food whilst simultaneously improving the environment - adopted by our Farm Manager is a long-term commitment. It involves farming in a non-intensive manner, minimising the use of chemicals and protecting soil and root systems; margins are left to nature and trees planted to enhance habitats. This approach is having a positive impact; alongside herds of Highland and Dexter cattle and flocks of native-breed sheep, we have seen an increase in wildlife such as deer, hares and weasels.

The 128 ground-mounted solar panels which were generously donated and installed by Gripple continue to have a significant impact on our energy bills. We estimate that approximately 25% of our energy consumption is now satisfied by the panels.

A staff and volunteer survey showed that over half of our team get to work under their own steam - an impressive statistic in the hills of Sheffield.

6

WHIRLOW HALL FARM TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

ACHIEVEMENT AND PERFORMANCE

STAFF AND VOLUNTEERS

Our team is increasingly settled. Recruitment continues to add experience, imagination and skills to the team, with the Education department now bigger than it has ever been. The Board was delighted that, as a result of the improving financial performance of the Trust, it was able to award an above-inflation pay rise to the team. The team remain committed, motivated and determined to do the best they can for those we help.

The Trust continues to rely heavily on volunteers, particularly in the shop, around the farmstead, for events and some education activities. We also receive substantial specialist support from volunteers who use their HR, H&S and accounting experience to ensure the Trust is compliant and smooth-running. Every department benefits from their experience, energy and skills and we are grateful that they do so much for us. We continue to attract a steady flow of youngsters including from Sheffield universities, as well as retaining long-serving volunteers.

7

WHIRLOW HALL FARM TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

FINANCIAL REVIEW

Financial position

Thanks to the significant increase in trading company performance, the Trust had a good year. The trading company will be able to donate just over £48,000 to the Trust. As a result, for the first time in living memory the Trust will make a small net operational surplus (after excluding depreciation on assets funded by donations). This is another year on year improvement. In addition to investing in staff and essential enhancements, this improvement has meant that we have been able to undertake long-overdue reinvestment to replace depreciated assets.

Investment policy and objectives

Under the Memorandum and Articles of Association the trust has the power to invest in any way the Board of Directors considers appropriate to meet the trust’s objectives.

Reserves policy

The Board reviewed the Trust's reserves policy in February 2024 and again in June 2025. It took into account future planned activities, the Trust's position as tenant of Sheffield City Council, and strategic risks. A range of scenarios have been considered, alongside the needs of operational cashflow, in determining the appropriate level of reserves needed.

Having determined that we need £435,000 free cash reserves, our Balance Sheet remains healthy and shows that we have slightly more than required. The Trust intends to designate these surplus funds to assist with the financing of further improvements to our educational offer.

Going concern

After making appropriate enquiries, the Trustees have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Fundraising practices

Fundraising remains a key aspect of the Trust's financial model, albeit we have sought to reduce risk by investing in income-generating facilities that will hopefully provide more predictable and steady income. The majority of our fundraising activity is undertaken by our small in-house fundraising team, although we encourage local community groups and our supporters to assist.

No commercial participators are employed to carry out our fundraising.

The charity was not subject to an undertaking to be bound by any voluntary scheme for regulating fundraising. We operate in a low-key and friendly manner and always in accordance with the values of the Trust - there is no hard selling. Whilst we may approach corporate organisations and community groups for support, we never approach individual members of the public - we always wait for them to make the first contact.

As a result, we have received no complaints regarding our approach to our fundraising activities, nor have we been subject by any regulating body to any undertaking regarding these activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The company and the group is registered as a charitable company limited by guarantee. The company and the group is constituted under a Memorandum of Association and is a registered charity [number 508910].

8

WHIRLOW HALL FARM TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees

The role of the Board of Directors (Trustees) is to ensure that it oversees the work of the charity effectively. In order to do this, membership of the Board of Directors is monitored by the Chairman of the Board.

Periodically, time is set aside at a Board meeting to reflect on the Board's performance and functioning as a team.

Should vacancies occur, new Board members will be appointed through a selection process which includes an interview with two members of the Board and the Chief Executive.

Induction and training of new trustees

New Board members receive appropriate induction and training which will include:

Board members are expected to keep up to date with the Trust's affairs in order to provide effective governance.

Each Board member normally sits on at least one of the Board's committees, which are:

The Chair of each committee is responsible for ensuring that its members remain up to date and contribute to the committee's effective operation.

Children and Young People Safeguarding Policy has been reviewed and updated in conjunction with Sheffield City Council Safeguarding Services. Trustees, CEO and Head of Education ensure that the policy and guidelines are fully understood and adhered to by all staff and volunteers.

Key management remuneration

Senior staff is the Chief Executive Officer only. The pay was originally set by approval of the board in 2015 and any changes have been discussed and approved by the board.

Risk management

Whirlow Hall Farm Trust believes that risk management is an essential part of its management process. The Chief Executive is accountable to the Board of Directors for the management of risk. The Trustees have assessed the major risks to which the company and group are exposed, particularly those related to operations and finance. They are satisfied that systems are in place to mitigate any exposure to major risks. Risk assessments are carried out within each function of the Trust.

The key risks are:

Income insufficient to cover the running costs of operations. We have a diverse fundraising and income generating strategy to reduce reliance on any one income stream. The investment in, and subsequent success, of our trading company has delivered additional income to support the Trust's core activities.

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WHIRLOW HALL FARM TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management (cont)

Loss of volunteer and public support. The charity seeks to reduce this risk by ensuring governance and compliance are high priorities; maintaining communications and engagement with local communities; ensuring that volunteers are meaningfully employed, well-organised and valued.

Failure to adapt to changes in demand for our charitable offering. We maintain awareness of the city's issues and local authority plans. We seek feedback from our numerous user groups. Safety of children and young people. Health, Safety and Safeguarding are the number one priority at the Trust. We have comprehensive policies and procedures in place, and regularly brief staff and volunteers on related matters.

TRUSTEES

The Trust is extremely grateful to all of its Trustees, past and present, for their many years of leadership and support in key roles. We were particularly sad to say goodbye to Bookey Oshin whose financial expertise guided the Trust through a number of difficult years, and helped put us on a much firmer footing.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Whirlow Hall Farm Trust Limited for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, Hollis and Co Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

10

WHIRLOW HALL FARM TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

Approved by order of the board of trustees ………………………. and signed on its behalf by:

………………………………… Peter David Edwards - Trustee

11

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WHIRLOW HALL FARM TRUST LIMITED

Opinion

We have audited the financial statements of Whirlow Hall Farm Trust Limited (the 'charitable parent company') and its subsidiaries (the ‘group’) for the year ended 31 July 2025 which comprise the Consolidated Statement of Financial Activities, the Consolidated Balance Sheet, the Consolidated Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group and the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s and the charitable parent 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.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Group Annual Report, but does not include the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

12

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WHIRLOW HALL FARM TRUST LIMITED

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the charitable parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, 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 and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group and charitable parent 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 group or charitable parent company or to cease operations, or have no realistic alternative but to do so.

13

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WHIRLOW HALL FARM TRUST LIMITED

Our 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 misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (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 reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the further that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made 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 matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

…………………………………………. PETER HOLLIS (Senior Statutory Auditor) for and on behalf of Hollis and Co Limited Chartered Accountants Statutory Auditor 35 Wilkinson Street Sheffield South Yorkshire S10 2GB Date:…………………………………

14

WHIRLOW HALL FARM TRUST LIMITED

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Education and charitable events
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
7
Charitable activities
8
Education and charitable events
Total
NET INCOME
Transfers between funds
20
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
109,382
412,251
1,062,069
5,787
1,589,489
1,032,465
592,098
1,624,563
(34,074)
-
(35,074)
2,130,490
2,095,416		 Restricted
fund
£
130,001
-
-
-
130,001
-
149,057
149,057
(19,056)
-
(19,056)
42,721
23,665		 2025
Total
funds
£
239,383
412,251
1,062,069
5,787
1,719,490
1,032,465
741,155
1,773,620
(54,130)
-
(54,130)
2,173,211
2,119,081		 2024
Total
funds
£
259,143
425,885
850,142
6,274
1,541,444
876,816
728,186
1,605,002
(63,558)
-
(63,558)
2,236,769
2,173,211

15

WHIRLOW HALL FARM TRUST LIMITED

CONSOLIDATED BALANCE SHEET 31 JULY 2025

Notes
FIXED ASSETS
Intangible assets
14
Tangible assets
15
Investments
16
CURRENT ASSETS
Stocks
17
Debtors
18
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
19
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
20
Unrestricted funds
Designated Capital Fund
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
-
1,577,838
-
1,577,838
96,879
70,965
491,231
659,075
(141,497)
517,578
2,095,416
2,095,416		 Restricted
fund
£
-
-
-
-
-
-
23,665
23,665
-
23,665
23,665
23,665		 2025
Total
funds
£
-
1,577,838
-
1,577,838
96,879
70,965
514,896
682,740
(141,497)
541,243
2,119,081
2,119,081
517,579
1,577,837
23,665
2,119,081		 2024
Total
funds
£
-
1,707,133
-
1,707,133
89,657
38,981
463,463
592,101
(126,023)
466,078
2,173,211
2,173,211
425,518
1,704,972
42,721
2,173,211

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies’ regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ………………………..and were signed on its behalf by:

……………………………….

Peter David Edwards - Trustee

16

WHIRLOW HALL FARM TRUST LIMITED

COMPANY BALANCE SHEET 31 JULY 2025

Notes
FIXED ASSETS
Tangible assets
15
Investments
16
CURRENT ASSETS
Stocks
17
Debtors
18
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
19
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
20
Unrestricted funds
Designated funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
1,563,401
2
1,563,403
39,963
172,172
314,103
526,238
(53,111)
473,127
2,036,530
2,036,530		 Restricted
fund
£
-
-
-
-
-
23,665
23,665
-
23,665
23,665
23,665		 2025
Total
funds
£
1,563,401
2
1,563,403
39,963
172,172
337,768
549,903
(53,111)
496,792
2,060,195
2,060,195
473,130
1,563,400
23,665
2,060,195		 2024
Total
funds
£
1,692,839
2
1,692,841
35,341
135,416
308,826
479,583
(43,382)
436,201
2,129,042
2,129,042
827,435
1,258,886
42,721
2,129,042

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies’ regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ……………………. and were signed on its behalf by:

………………………………

Peter David Edwards - Trustee

17

WHIRLOW HALL FARM TRUST LIMITED

CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 JULY 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2025
£
63,724
63,724
(18,078)
-
5,787
(12,291)
51,433
463,463
514,896		 2024
£
60,649
60,649
(82,863)
-
6,274
(76,589)
(15,940)
479,403
463,463

18

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 JULY 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
(Profit)/loss on disposal of fixed assets
Interest received
(Increase)/decrease in stocks
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by operations		 2025
£
(54,130)
145,962
1,411
(5,787)
(7,222)
(31,984)
15,474
63,724		 2024
£
(63,558)
156,716
50
(6,274)
(3,365)
(1,632)
(21,288)
60,649
  1. ANALYSIS OF CHANGES IN NET FUNDS
At 1/8/24 Cash flow At 31/7/25
£ £ £
Net cash
Cash at bank and in hand 463,463 51,433 514,896
463,463 51,433 514,896
Total 463,463 51,433 514,896

19

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (Effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historic cost convention, unless stated otherwise in the relevant accounting policy.

The charitable company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Financial Activities in these financial statements.

The financial statements consolidate the accounts for Whirlow Hall Farm Trust Limited and its wholly owned subsidiary. The results of the subsidiary are consolidated on a line-by-line basis.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements are rounded to the nearest £1.

Going concern

The Trustees have prepared forecasts of income and expenditure for the period to 31 December 2026 which shows that they have sufficient reserves to be able to continue for the foreseeable future. The Trustees recognise the uncertainty around future income generation and the inherent risk regarding the success and sustainability of their plans, however, they have concluded that the entity remains a going concern. The Trustees continue to monitor the impact on income and take appropriate action as necessary. The Trustee's therefore continue to adopt the going concern basis of preparation for these financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

The basis of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement to receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued and included in debtors as accrued income.

Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donation have been met, the receipt of economic benefits to the company from the use of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised in the Statement of Financial Activities. Donated professional services and facilities are recognised on receipt on the basis of the value of the gift to the company, which is the amount that it would have been willing to pay to obtain the services or facilities of equivalent economic benefit on the open market. A corresponding amount is then recognised in expenditure in the period of receipt.

20

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

1. ACCOUNTING POLICIES - continued

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Expenditure on raising funds includes all expenditure incurred by the group to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred directly on undertaking the activities which further the group's charitable objectives, as well as any associated support costs.

Tangible fixed assets

Gains and losses on disposal are determined by comparing the proceeds with the carrying value and are recognised in the Statement of Financial Activity.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated economic lives. The assets' residual values, useful economic lives and depreciation methods are reviewed, and adjusted if appropriate.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful economic life:-

Buildings and horticultural plot 2% and 5% straight line
Furniture and fittings 10% and 20% straight line
Farm centre and pathways 10% straight line
Trailers and plant 10% reducing balance
Motor vehicles 20% reducing balance
Computer equipment 20% straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

21

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year.

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Individuals
Charitable foundations
Legacies
Corporate donations
Gift Aid		 2025
£
45,890
123,275
-
58,819
11,399
239,383		 2024
£
65,397
149,691
1,000
26,516
16,539
259,143

3. OTHER TRADING ACTIVITIES

2025
£
Farm operations
69,821
Shop & cafe operations
992,248
1,062,069
INVESTMENT INCOME
2025
£
Interest receivable
5,787
INCOME FROM CHARITABLE ACTIVITIES
2025
£
Education
394,911
Fundraising and events
17,340
412,251		 2024
£
30,593
819,549
850,142
2024
£
6,274
2024
£
353,937
71,948
425,885

4. INVESTMENT INCOME

5. INCOME FROM CHARITABLE ACTIVITIES

22

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

6.
OTHER INCOME
None
7.
RAISING FUNDS
Raising donations and legacies
Staff costs
Event costs
Event costs (other)
Other trading activities
Purchases
Staff costs
Other costs (shop & cafe)
Depreciation
Loss on sale of assets
Aggregate amounts
8.
CHARITABLE ACTIVITIES COSTS
Education and events		 2025
£
-
2025
£
56,042
8,451
759
65,252
2025
£
499,295
422,661
39,459
5,798
-
967,213
1,032,465
Support
Direct
costs (see
Costs
note 9)
£
£
441,937
299,218		 2024
£
-
2024
£
79,347
20,297
886
100,530
2024
£
381,132
352,604
34,520
7,980
50
776,286
876,816
Totals
£
741,155

23

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

9. SUPPORT COSTS

Management
£
Education and events
248,586		 Governance
Finance
costs
£
£
16,629
34,003		 Totals
£
299,218

10. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025
£
Statutory audit fee
10,525
Other non-audit services
23,478
Depreciation - owned assets
145,961
Surplus/(deficit) on disposal of fixed assets
1,411
Computer software amortisation
-		 2024
£
10,100
17,914
155,645
50
1,071

11. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.

12. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2025
£
788,447
54,320
14,559
857,326		 2024
£
719,603
55,006
12,314
786,923

The average monthly number of employees during the year was as follows:

Charitable activities
Cost of generating funds
Farm and cafe operations
Management		 2025
14
2
37
3
56		 2024
14
2
31
3
50

No employees received emoluments in excess of £60,000.

The key management personnel of the company comprise the Trustees and the Chief Executive Officer. The total remuneration costs for the key management personnel amounted to £50,047 (2024 £46,449).

24

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
94,422
Charitable activities
Education and events
425,885
Other trading activities
850,142
Investment income
6,274
Total
1,376,723
EXPENDITURE ON
Raising funds
876,816
Charitable activities
Education and events
633,342
Total
1,510,158
NET INCOME
(133,435)
Transfers between funds
77,024
Net movement in funds
(56,411)
RECONCILIATION OF FUNDS
Total funds brought forward
2,186,901
TOTAL FUNDS CARRIED FORWARD
2,130,490
Restricted
fund
£
164,721
-
-
-
164,721
-
94,844
94,844
69,877
(77,024)
(7,147)
49,868
42,721		 Total
funds
£
259,143
425,885
850,142
6,274
1,541,444
876,816
728,186
1,605,002
(63,558)
-
(63,558)
2,236,769
2,173,211

As permitted under section 408 of the Companies Act, the profit and loss account (Statement of Financial Activities) of the parent company is not presented as part of these financial statements. The parent company’s loss for the financial year, including restricted donations, was (£68,847) (2024 - (£97,477)).

25

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

14. INTANGIBLE FIXED ASSETS Group

COST
At 1 August 2024 and 31 July 2025
AMORTISATION
At 1 August 2024
Charge for year
At 31 July 2025
NET BOOK VALUE
At 31 July 2025
At 31 July 2024
TANGIBLE FIXED ASSETS
Group
COST
At 1 August 2024
Additions
Disposals
At 31 July 2025
DEPRECIATION
At 1 August 2024
Charge for year
Eliminated on disposal
At 31 July 2025
NET BOOK VALUE
At 31 July 2025
At 31 July 2024		 Short
Long
leasehold
leasehold
£
£
6,176
2,250,448
-
-
-
-
6,176
2,250,448
4,015
733,540
348
107,315
-
-
4,363
840,855
1,813
1,409,593
2,161
1,516,908		 Computer
software
£
4,485
4,485
-
4,485
-
-
Plant and
machinery
£
76,985
1,375
-
78,360
70,461
4,902
-
75,363
2,997
6,524

15. TANGIBLE FIXED ASSETS Group

26

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

15. TANGIBLE FIXED ASSETS - continued

COST
At 1 August 2024
Additions
Disposals
At 31 July 2025
DEPRECIATION
At 1 August 2024
Charge for year
Eliminated on disposal
At 31 July 2025
NET BOOK VALUE
At 31 July 2025
At 31 July 2024
TANGIBLE FIXED ASSETS
Company
Long
leasehold
£
COST
At 1 August 2024
2,250,448
Additions
Disposals
-
-
At 31 July 2025
2,250,448
DEPRECIATION
At 1 August 2024
733,540
Charge for year
107,315
Eliminated on disposal
-
At 31 July 2025
840,855
NET BOOK VALUE
At 31 July 2025
1,409,593
At 31 July 2024
1,516,908		 Plant and
machinery
£
76,985
1,375
-
78,360
70,461
4,902
-
75,363
2,997
6,524		 Fixtures
and
fittings
£
758,641
16,703
(17,640)
757,704
582,534
31,405
(16,228)
597,711
159,993
176,107
Fixtures
and
fittings
£
708,344
10,763
(17,640)
701,467
542,924
26,317
(16,228)
553,013
148,454
165,420		 Motor
vehicles
Totals
£
£
51,940
3,144,190
-
(39,280)
18,078
(56,920)
12,660
3,105,348
46,507
1,437,057
1,991
145,961
(39,280)
(55,508)
9,218
1,527,510
3,442
1,577,838
5,433
1,707,133
Motor
vehicles
Totals
£
£
46,140
3,081,917
-
(39,280)
12,138
(56,920)
6,860
3,037,135
42,153
1,389,078
1,630
140,164
(39,280)
(55,508)
4,503
1,473,734
2,357
1,563,401
3,987
1,692,839

27

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

16. FIXED ASSET INVESTMENTS Company

FIXED ASSET INVESTMENTS
Company
Shares in
group
undertakings
MARKET VALUE
At 1 August 2024 2
At 31 July 2025 2
NET BOOK VALUE
At 31 July 2025 2
At 31 July 2024 2

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following:

Whirlow Hall Farm Limited

Registered office: Whirlow Hall Farm, Whirlow Lane, Sheffield, S11 9QF Nature of business: retail sales

%
Class of share:
holding
Ordinary
100
Aggregate capital and reserves
Profit/(loss) for the year		 2025
£
58,887
48,633		 2024
£
44,171
33,917

28

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

17.
STOCKS
Group
Work-in-progress
Finished goods
STOCKS
Company
Work-in-progress
Finished goods
18.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
Trade debtors
Other debtors
Prepayments and accrued income
Prepayments
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Company
Trade debtors
Amounts owed by group undertakings
Other debtors
Prepayments and accrued income
Prepayments		 2025
£
33,858
63,021
96,879
2025
£
33,858
6,105
39,963
2025
£
38,196
-
5,000
27,769
70,965
2025
£
19,202
122,728
-
5,000
25,242
172,172		 2024
£
7,060
82,597
89,657
2024
£
7,060
28,281
35,341
2024
£
15,788
2,264
-
20,929
38,981
2024
£
13,503
100,843
2,264
-
18,806
135,416

29

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

19. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Pension creditor
Credit card
Other creditors
Accruals and deferred income
Accrued expenses
CREDITORS: AMOUNTS FALLING DUE
Company
Trade creditors
Social security and other taxes
Pension creditor
Credit card
Accruals and deferred income
Accrued expenses
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS
Net movement in funds, included in the above ar
Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS		 WITHIN ONE
At 1/8/24
£
891,900
1,238,590
2,130,490
42,721
2,173,211
e as follows:
Incoming
resources
£
1,589,489
-
130,001
1,719,490		 YEAR
Net
movement
in funds
£
(35,074)
-
(35,074)
(19,056)
(54,130)
Resources
expended
£
(1,624,563)
-
(149,057)
(1,773,620)		 2025
£
50,552
24,132
3,238
1,173
1,002
21,907
39,493
141,497
2025
£
11,351
18,713
2,348
1,175
4,884
14,640
53,111
Transfers
between
funds
£
(339,247)
339,247
-
-
-
Gains and
losses
£
-
-
-
-		 2024
£
44,781
14,085
2,401
802
1,056
26,840
36,058
126,023
2024
£
14,078
10,622
1,898
802
6,365
9,617
43,382
At
31/7/25
£
517,579
1,577,837
2,095,416
23,665
2,119,081
Movement
in funds
£
(35,074)
-
(19,056)
(54,130)

20. MOVEMENT IN FUNDS

30

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

20. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS		 At 1/8/23
£
435,661
1,751,240
2,186,901
49,868
2,236,769		 Net
movement
in funds
£
(87,167)
(46,268)
(133,435)
69,877
(63,558)		 Transfers
between
funds
£
77,024
-
77,024
(77,024)
-		 At
31/7/24
£
425,518
1,704,972
2,130,490
42,721
2,173,211

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS		 Incoming
resources
£
1,376,723
-
1,376,723
164,721
1,541,444		 Resources
expended
£
(1,463,891)
(46,267)
(1,510,158)
(94,844)
(1,605,002)		 Movement
in funds
£
(87,168)
(46,267)
(133,435)
69,877
(63,558)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS		 At 1/8/23
£
435,661
1,751,240
2,186,901
49,868
2,236,769		 Net
movement
in funds
£
(122,241)
(46,268)
(168,509)
50,821
(117,688)		 Transfers
between
funds
£
(262,223)
339,247
77,024
(77,024)
-		 At
31/7/25
£
51,197
2,044,219
2,095,416
23,665
2,119,081

31

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

20. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS		 Incoming
resources
£
2,966,213
-
2,966,213
294,722
3,260,935		 Resources
expended
£
(3,088,455)
(46,267)
(3,134,722)
(243,901)
(3,378,623)		 Gains and
losses
£
-
-
-
-
-		 Movement
in funds
£
(122,242)
(46,267)
(168,509)
50,821
(117,688)

In accordance with their wishes, we have a policy of withholding the names of personal donors; their incredible generosity remains anonymous for the purposes of these accounts.But we are grateful to every single one of them for their support; the progress we have been able to make at the Trust this year, including developing its facilities, would not have been possible without them.

We have also received a significant number of donations from organisations. Again, we are incredibly grateful that, at such a challenging time for businesses and community groups, they have supported the Trust in its goals. In addition to those that have specifically asked to remain anonymous, we have received donations (£1,000 or more) from the following:

GRI Group Ltd (£15,000), B. Braun (£10,500), Chris Rea (£10,000), Sharegift (£10,000), Gripple (£2,250), Stuart Green (£1,000), Sheffield District Association for Disabled (£1,000), Pyronix (£1,000), Facey Family Foundation (£1,000), Arborist Tree Care (£6,206), Sister (£3,796), Henry Boot (£3,500), Abbeydale Rotary Club (£3,700), Sheffield Students Union (£1,776).

Finally, we have received grants from a wide range of Trusts and Foundations, many of them longstanding supporters of the Trust. We are so grateful that they continue to provide vital funds for general running costs, and for specific purposes. In addition to organisations who have specifically asked to remain anonymous, we have received grants from the following:

Unrestricted Grants:

Nineveh Charitable Trust (£5,000), David Solomon Trust (£1,000), The Schreier Foundation (£3,000), The Combined Cutlers Company Charitable Trust (£1,000), CMS Social Impact Fund (£500), Swire Charitable Trust (£25,000), Sheffield Grammar School Exhibition Foundation (£3,000), BNI Foundation (£1,000), The Openwork Foundation (£5,000), Sheffield Bluecoat and Mount Pleasant Foundation (£1,000), Yorkshire Agricultural Society (£2,000), Co-op Community Fund (£500), St James's Place Foundation (£30,000), Beatrice Laing Charitable Trust (£5,000), William Dean Education and Countryside Trust (£1,000), Sheffield Grammar School Exhibition Foundation (£3,000), Swann Morton (£1,000), Nationwide Colleague Grants (£10,000), J G Graves Charitable Trust (£2,000).

32

WHIRLOW HALL FARM TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

20. MOVEMENT IN FUNDS - continued

TRANSFERS BETWEEN FUNDS

A transfer has been made from restricted funds to unrestricted (designated) funds for the net book value of fixed assets where the conditions of funding have been fulfilled.

A transfer has been made from unrestricted funds to unrestricted (designated) funds for depreciation charged on assets held under the designated funds.

21. RELATED PARTY DISCLOSURES

The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Trustees

During the year, trustees made donations to the charity totalling £22,200 (2024 £53,200).

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WHIRLOW HALL FARM TRUST LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025

INCOME AND ENDOWMENTS
Donations and legacies
Individuals
Charitable foundations
Legacies
Corporate donations
Gift Aid
Other trading activities
Farm operations
Shop & cafe operations
Investment income
Interest receivable
Charitable activities
Education
Fundraising and events
Total incoming resources
EXPENDITURE
Raising donations and legacies
Wages
Social security
Pensions
Event costs
Premise costs
Other trading activities
Direct shop & cafe costs
Direct farm costs
Wages
Social security
Pensions
Other costs (shop & café)
Amortisation of intangible fixed assets
Depreciation of tangible fixed assets
Loss on sale of tangible fixed assets		 2025
£
45,890
123,275
-
58,819
11,399
239,383
69,821
992,248
1,062,069
5,787
394,911
17,340
412,251
1,719,490
50,660
4,004
1,378
8,451
759
65,252
451,315
47,980
387,080
30,041
5,540
39,459
-
5,798
-		 2024
£
65,397
149,691
1,000
26,516
16,539
259,143
30,593
819,549
850,142
6,274
353,937
71,948
425,885
1,541,444
71,231
6,578
1,538
20,297
886
100,530
372,705
8,427
326,356
22,090
4,158
34,520
1,071
6,909
50
967,213 776,286

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WHIRLOW HALL FARM TRUST LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 JULY 2025

Charitable activities
Wages
Social security
Pensions
Other costs
Educational costs
Educational costs (other)
Depreciation of tangible fixed assets
Loss on sale of tangible fixed assets
Support costs
Management
Wages
Social security
Pensions
Other costs
Repairs and maintenance
Depreciation of tangible and heritage assets
Loss on sale of tangible fixed assets
Finance
Bank charges
Credit charges
Governance costs
Auditors' remuneration
Auditors' remuneration for non audit work
Total resources expended
Net income		 2025
268,352
14,787
5,747
22,611
5,615
2,523
122,302
-
441,937
82,355
5,488
1,894
81,312
58,265
17,861
1,411
248,586
1,401
15,228
16,629
10,525
23,478
34,003
1,773,620
(54,130)		 2024
247,747
19,254
4,864
22,302
9,979
39,861
129,930
-
473,937
74,269
7,084
1,754
91,025
16,690
18,806
-
209,628
1,196
15,411
16,607
10,100
17,914
28,014
1,605,002
(63,558)

35