The King George V Memorial Scouts & Guides R¢¢reAtlon#l Lands
(The Beaudesert Trust)
Reglstered Charity Number.. 522603
Providing recreational and
educational activitiesforyoung
people"

Tbe Klng George V Memorial Scouts & Cuid¢s Recreational Lands
(The Be*ude5ert Trus¢)
Financial Accoun¢$ for the year ended 31° Mwrch 2021
Annual Report & Accounts 2020-2021
Th¢ Trustees preseni their 82 Annual Report for the year ended 31M March 2021.
The financial statements have been prepared in accordance with the Stsi¢m¢nt of Re¢ommended
Practic¢'. A¢¢ounting and Reporting by ChaTiiies preparing their accounts in a¢cordanc¢ with th¢
SORP 2015 Finan¢ial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) and
the Financial Reportitig Stsndard applicable in the Uuiicd Ku)gdom and Republic of Ireland (FRS
102) and the Charities Act 201

The King George V Memorial Seouts & Guides R¢¢re*tional Land8
IThe Beaudesert Trust)
Financial Accounts for the year ended 31. March 2021
Index:
Trustees, Report
l. Reference inforniation for the chariry
2. Staten)¢nt of T￿￿ee5. responsibilities
3. Strn¢tur¢, gov¢rnaDce and n￿￿gement
4. Objectiv¢s & ¥tiviti¢s
5. Ackn'evements and perf0rn￿lCe
6. Financial review
fv7
IndependeDt auditor's report
10-12
St#tement of Financial Activities
l3
Balance Sheet
14
Statement of cash flows
15
Notes to the FinAiici41 Statements
16-21

The King George V Memorial Scouts & Guides Recre4tionxl Lands
(The Beaudesert Trust)
RqthofthE fOrthe￿ra￿led3I. M%￿h2￿21
TRUSTEES, REPORT
The Trustees present their annual report and the audited financial statements for the year ended 31°
March 2021.
The financial slatements have been prepared lo give a "true and faiv, view in ￿￿Ordance with the
ac¢ounting poli¢ies set out in notes to the accounts and compl}. with the charity's governing documenl
th¢ charIts￿ Act 2011 and Accounting and R¢FKTrrting by Chan"ti¢s'. Ststement of Re¢oTnm¢nd¢d Practice
applicable to ¢han"ti¢s pr¢panng their accounts in accordance with the Financial Re￿rtIng Standard
applicabl¢ in the UK and R¢publi¢ of Irelalld published in 0¢￿ber 2019.
l. Reference and administration detall$:
The Ksng George V Memorial Scouts & Guides R¢¢r¢ationai Lattds. has a working title of The
Beaudesert Tn￿1. alld is marketed &8 Beaudesen Ouidoor Activity Centre.
R¢gister¢d Charity NuTnber.' 522603
Address." Beaudesen Park, Canno¢k Wood, Rugeley, Stsffordshire WS15 4JJ
Tel-.
01543 682278, Enuil: athn
aud¢s¢rt.or
Website.. Mw¥.beaudesert.or
Trustees and OtTicers of the cbarity:
Ex-officio Trustees:
Thc Lord Licuterkant of the County of S¢affordshire".
The Chairnian of the County Council of Sthffordshire..
The Cbairnian of the Stsffordshire Brdllch of CPRE..
The Guide County Commissioner for SthffordshiTC:
The Scout County Commissioner for S(affordshire:
The Guide Counry Commissioner for ￿'est Mercia..
The Scout Coullty Commi&siou¢r foi West Mercia..
Mr. l Dudson LL, CBE, CSU
Cllr. Mrs. K P¢rry. MBE
Mrs. M Booth
Mrs. A Holrnes '
Mrs. J Brocklehurst *
.Mrs. W Cowdry '
Mr. M Bache
Elected Trustees:
Mr. S Plimmer.
Mr. R Turner.
Mr. G Roberts *
Mr. C Ablitt.
Ms. C Parncll '
Mr. S Wood *
Mr. J D Cotton DL *
Mrs. E Gumb*
(Resigned Aug 2020)
(Appointed October 2020)
(Appoint¢d OctO￿r 2020)
Chairman
Tr¢asurer (Appointed Apr 2020)
Centre Manager:
Mr. N Ruse '
Executive Committee: ail membeTS of the Executive Committee are identified with an

The King Georyt V melnori￿ Scouts & Guldes ReereatlonAI Land5
(rhe Beaudesert TTUStI
ke￿)rt￿rtheTru9tse$forthey￿tThkn1 31. IIqArch 2021 (CODt'd)
Professional Advisors:
Bankers..
Solicitors..
HSBC Pl¢, 53 Anchor Road. AldTidge, West Midland& WS9 9AD
Ansons. St Marfs Chatnbers. 5-7 Breathnarkei Str¢¢t, Li¢hfield.
Siaffordshire. WS13 6LQ
Bradshaws Lt(L ChaTt¢r Court, 2 Well House Barns. Chester Roa
Brettow Chester CH4 ODH
Chartered Surveyor5.' Boot & Son. 19 Wolverhampton RO2￿ CannocK Stafforthhire. WSI I
Auditors..
tn5urance Brokers: Unity kn5uran¢¢ Seryic¢s. lancing business ParK Lancing. Sussex,
BN15 8UG
2. Statement of Tru5tees' respon5ibilitie5
The Ttustees are responsible for preparirkg the Trusiees. Annual Report and the Financiai
Sthtemenis in accordallce wilh applicable law and Uniied Kingdom Accounting Stsndards (United
Kingdom G¢n¢rally A¢¢¢pi¢d A¢¢ounting Practic¢).
The law applicable io charities in England & Wales requires the Tr￿steeS to prepare financial
statements for wach financial year which give a true and fair view of the slate of affairs of the
charity and of the incoming resources and applicalion of resources of the charity for that period. Jn
preparing thes¢ finan¢ial statements, the trustees are required to:
selcct suitable accounting policics and then apply them consislently.
observe the methods and principles in the Charities SORP 2015 (FRS 102).
make judgements and estimates that are r¢a50nabl¢ and prudenL
siaie whether applicable a¢¢oullting swidards hav¢ been followed, subject io any
material departurts disclosed and explaind in the financial 5tateTnents"
prepare the fU￿]CIal stsiements on the going concern basis unless it is inappropriate io
presume that the charity will continue in operaiion.
The Trustees are res￿nsible for keeping proper accounting records thai di￿10$¢ with reasonable
accuracy at any time the financial position of the Charity and enable them to ensure that the
financial slatements comply with the Chariiies Act 2011, the Charity (Accoullts and Reports)
Regulations 2008 and the provisions of the tr￿$t dttd. They ar¢ also ￿SPOnsible for safeguarding
the assets of the charity and hence for tsking reasonable steps for the prevention and de￿i10ll of
fraud and othcr iThegularttie5.
3. Stru¢thr< governanc4 #nd man#gemen¢
Schelne of regulation".
The Trust op¢rdt¢s under a Scheme of Regulation dating from 6 January 1939, amended 4th
March 1977 as aff¢d¢d by furth¢r Srh¢m¢s dai¢d 10 February 2(YM and 19 November 2009.
Governance:
Thc T￿￿1 adopts guidance from the Charity Commission as it is issued, including the Charity
Governance Cod¢ issued in September 2017. Governance, policies. and Strategy are reviewed
annually at our Trust¢¢ away day.

The King George V Memorixl Scouts & Gulda Re¢re%tional Lands
(The Beaude5ert Tru51)
ReportrftheTruthfortheyear JI"m￿Ch 2021 (cotrt'd)
Organisational structure:
Govtrning Body: The appoint￿ and elected T￿￿ee5 of the Charity are responsible for th¢
overall control of the Tr￿SE.
Executive Committee: Th¢ metDbers of the Executive Committee are responsible for th¢
governance and management of the Trust throughout the y¢ar. including &pproval of the
budget and business plan" for setting sttai¢gi¢ directio￿ and for finaiisation of tbe audited
aeeounis and Tnjsiees. rep)rt for approval by the A[￿Ual Meeting of the Board of Trusiees.
Management and Fin*Dce subacomm5ttee: The Management and Finance Committee are
responsible for approving the budget and any expenditUT¢ outsid¢ th¢ budget. reviewing the
perfomwice of th¢ Tn￿( quanerly,. approval of decisions with a significant itnpacl on budget
d¢liv¢ry' #nd r¢vi¢wing all signifi¢ant ￿rS01]ne1 issues and managerial recruitment.
Operational manageffjent: The operational management of the TnLSt is the responsibility of
th¢ C¢utr¢ Manag¢r and ku"s Matlagemeni team.
Recruitment, appointment and training of Trustees:
The Charitg5 elected Tn￿tee$ are appointed at the Ar￿U81 Meeting of the Trust on the basis of
nominations received from the Executive Commiuee. The policy on recruiting Ttusiees was
reviewed in Seplember 2017 and the Executive deterniined ihat it should have a minimum of
10 members with the appropriate range of skn.lls to manage the Trust. and that Executive
members have a ierni of service of 4 years. renewable once: with a tern] of setvice for
Chairnian and Treasurer of 5 years, renewable once. Our nomination pr￿edUre is to adv¢rtis¢
openly for TnLsiees and ihen the applicants are iniervi¢w¢d by the Executive io see who has
the skills and knowledg¢ required. Su¢¢¢ssfid applicants are co-opied on to the Executive
Committee, and proposed for election at the AGM. New Trustees ar¢ indu¢*d into the role of
the Trustee and the TnLSt's objectives. prI￿￿e$. and busin¢ss plan by th¢ Chairman.
Related parties:
Beaud¢s¢rt L5 # 5taDd-alone ch8Tity with no related parties, which share its objectives.
However. it works closely witb its visitors includin8 local Scouts 4nd Guides. whose 4 CL)unty
c0￿MISsIOnerS are Ex-officio Tn￿tees.
Risk Management:
The major risks faced by the Trust have been identified and ￿Sessed by the Executive
Committee. and systems and pro¢edur¢s establish¢d to manage the risks. The key controls
used by the Charity include=
ski115 outh"i of the Executive IiDked to Trustee recruitment.
b. ternis of ref¢ren¢¢, fonnal ogendas, and minutes for all Committees"
forn]al written policies:
confiict of interest review at the start of all Governance meeting5:
comprehensive strategÉc planniTLg. &8set M￿￿geMent. budgeting & accounting.
estsblish¢d organisaiional sttucture and lines of reporting:
clear authorisaiion and approval level5-
h. financial management and revtew thTougb the Manag¢m¢nt & Finance Committee.
v¢tting procedures for Trustees. staff or volunteers including DBS where relevanl.
the completion of a cotnpr¢hcnsiv¢ risk register. reviewed annually at our away day.

The Klng George V Memorlal Scouts & Guides Recreational Lands
(The Be4ude5ert Trust)
RqK>rtof the Tru5teos forthe ye4raMknJ31'MArth 2021 {IYJDt'd)
4. ObJ¢ctlves & Activities
Tru$t'$ objt¢t$ a$ listed in our xheme of regulation:
The objects of the Trust are the provision in commemorntion of the reign of King Georg¢ V.
and for the benefit of the public..
l. to help Scouts. Guides. and other young people. especially bui not exclusively through
leisure time a¢tivilies, so &s w develop their Capabilities they may grow to full
maturity as inth"vIdua￿ and members of s(xiety'
2. to promote the ¢ons¢rYation, prot¢Cli0￿ and improvement of the physi¢al and
environmeni of Beaudesen Parklands. and
to preserve the ruins of Beaudesert Hall. including a Walled Garden and other land, of
historic and architectwal iEnportance.
Our Aim5:
l. To be filled with young people enjoyiDg the outdoors and so develi)ping as individuals and
members of society:
2. To help visiting groups make best use of their time with us.
3. To have appropriate. up to dale. and safe buildings and facilities in good repair,
4. To have a range of mod¢tn activili¢s attrnctiv¢ to th¢ rangc of young people acce55ing our
site, 50 they can all participate in fun and adi'enture.
5. To dei'elop parklands thai are suitable for young people to explott. and preserve historical
fcatur¢s,'
6. To preserv¢ the Old Hall making it Stru¢tUTally sound so that it will continue to stsnd and
the public can visit and view it:
7. To be financially secuTe so that all maintetwice and development can b¢ ¢ompl¢ted when
T¢quired_
Our Objertive5 and Strategy:
l. Safe and secure: to provide the highesi standards of safety in all aspects of the Charity's
operations, incluth.ng safeguarth"ng, through appropriate procedures.
2. Governance: to bav¢ strong charity gov¢rnan¢e by meeting all recommendations of the
Charity Commission and to be per¢¢ived as a well-run charity.
3. Vi51tor income: to grow income from visiiors through wid¢ning the rdnge of visitors and
use in quieter times. wbilsi building a reputstion for fun & advenlure. frtendly service. and
clean faeslities; ensuring th¢ price we charge our visiiors generates sufficient income io
meet the full costs of operaiing the sil¢.
4. Acti￿tieS. to deliver high quality, reereational aud kdventurous activitie5 that are fun and
valued by our visitors through investm¢ni in artivities and well trdined instructors.
5. Estate maintenance: w maintsin and Conserve our buildings and the parkland of
Beaudesert as a safe resource. by completing the oneqoff tnaintetwice and then
Ma]n￿LnEng the site through budgeted expenditure.
6. Good employer: to create a working environment thal attracts, retsins and enthuses high
¢alibr¢ ¢mploy¢¢s and volunteers. and to develop the talents of our employ¢es in line with
the needs of the Organisaiion.
7. Development plan: to provid¢ an infrastrucwr¢ to deliver good quality residential
facilities and a¢iiviti¢s in lin¢ with ¢USiomer expectslion5. and discharges our duty to
conserve the Old Hall.
8. Fund-Tai5ing: to rdise funds to sup1￿ our nmintenance and development pl8n.
9. CommuDieation: to comtnuni¢ate and Iisien to our staff. volunteers & stakeholders on th¢
¢hallenges and 5ucces5e5 of Beaudesert. and so build support for the strategy of the TNst.

The King Ceorge V Memorial Seout$ & Guides RecreatlonAI Lands
(The Beaude5ert Trust)
Rwrt of theTnLStees f￿they¢￿T 31'.4qvch 2021 (￿￿￿'d}
Longer term •bjective:
This 15 encapsulated in our Development plan lo complete all outstanding maintenan¢¢ and
refiubishments. invest in new buildings aDd activities to remain comp¢titive. and d1￿haTge our
duty to mainlain the Old Hall" and also to ensur¢ that ongoin8 in¢ome can sustain the
maintenance and Competitiveness of th¢ site. The estimated Cost of this plan is £2m, made up
of Maintenance catch up (£250k).' Butldings {£I.OOOk)- Activities {£300k)- Parklattds {£200k),'
& Old Hall {£250kl. The funds for this will come from the atwual financial surplus plus
dedicated fund-raising. Originally we planned to complete this within 10 years by 2028. but
th¢ usage of our r¢serves during the Coronavirus pandemic will have pushed back the
compl¢tion date.
Imp4ct of the Cov5d P#ndetDiC:
l. Our aim ihis year has been to survive the Covid pandemic as best that we can so we were
ablc to reopen, when possible. wiikn'n th¢ tnontes available io us. This has been a singl¢
fo¢u5 on sutvival, ￿ade possible with grants from our lo¢al Districi Councils, and a
Bounce back loan.
2. We tried to maintain ¢mploymeni of OUT staff through fiwloughing. How¢v¢r. in the end
we had to make n)xny redundant.
3. We planned our reopening carefully os we only had monies lo do it once.
4. We are now focussed on providing the best possible expenence for our visitors witbin the
rrsources we have available. We will slowly expand ow resources su¢h as instructors as
our income from bookings covers th¢ Cost.
5. W¢ have a longer term aim to rebuild our finaDces to hav¢ reserv￿ of 6 months of
expenditur¢ 50 that we can survive the next pand¢mic. We projcct that the shutdown for
coronavin￿ will ￿se up our reserves. which will take around 4 years to rebuild.
6. We will then us¢ our surp1￿$ to invest in facilities thai youth groups require today, this
entails a significani modemisation and impro&'ements to our current faciliti¢s.
Our prlncipal activities of the year:
l. W¢ Complied w'ith guidelines from both Govrnent and NatioDaI Youth Aswciation
whi¢h closed the Park from March 2020 to Sepiember 2020 with only a limited reopening
for small group camping and provith.ng outdoor meeting space for local S¢outing and
Guiding ￿0UpS. This was followed by a se¢ond closure from November 2020 with
reop¢ning Dol until after the end of the financial year on 1st May 2021.
2. We carried out essential maintenance to ensure the Park would be able to reopen.

The Klng George V Memorlal Scouts & Guldes Re¢rutlonAI Lands
(tbe Beaude5ert Trust)
Rq￿OrtheTrU￿ for theye4r athj 3lstM￿rh 2021 (OJTrt'd)
Friend$ of Be*udesert".
The Friends of Beaud¢s¢rt is an organisation that is open to the public and free to join. it
encompasses the local commutiity. volunteers and supporters. In the past year. we have held
no Friends aciivities.
VoluTrteers:
The Trust is comTllitt¢d to promoling volunteering opportunities. On reopening we believe
volunieers will provide a significant voluntary laE¥)ur contribution in the fonn of general
service and maintenance. a55iStance al 5pecifi¢ events. and volunteering in the shop.
5. A¢hleYements and perfornianee
Safety: Wc maintaincd a Strong management of safety within the Tn￿1 through our closure.
meeiing all our statutory safety obligations.
InvestmeDt.. W¢ ¢w¢d all inv¢stm¢ui in the site, reserving all monies to survive the
pandemie.
Vi¥itor5: This year with closures visitor5 were only able to accass the Park in th¢ autumn with
limited activilie5 in compliance with Covid guidelines.
Relationshlp wlth employee$:
With lockdown March 2020 we initially fijrloughed stsff. However, having been ¢losed
durtng our main r¢venu¢ earning period there was no optlOD but to make many staff redundant
to ensure th¢ survival of The Tru￿ by regular reviewing and cutting of many Costs where
possibl¢.
Activity Centre Registration: AAL& LOTC, BAPA
We are licensed by Adventure Aciis'ities Licensing Sch¢m¢, which insFtcts the safety
management system for pmviders of adv¢nttJre a¢tiviti¢S ¢0 young people under the age of 18.
We mainiaÉn¢d r¢¢ognition for Learning outside the Classroom and with BAPA.
Fundraising:
The Trust has been active in fiEndrat5ing in the following manner..
l. We apply to as many gra¢it mth.ng bodies as possiblc linked to our Development plan.
2. A prof¢ssional fi￿draiSer has noi been used.
3. Fundraising is monitor¢d by the Management & Finance committtt and r¢portd to the
Exe¢utik'e.
4. No complaints have been T¢c¢ived regarding fund￿"SIng.
5. The only approach to the public for fijndraising has b¢¢n donations from the membets of
Fri¢nd5 of Beaudesert. No undue pressure has been applied to those members.

Th¢ King George V MemorlAI Seouts & Guides Recreational IAnds
(The Beaude5ert Trust)
Rep)rt of theTru5*e5 fw theye4r amkd Jl*,Mvch 2021 (eon¢'d)
Pybli¢ benefit: The TnLStees have dis¢harged their duties with due regard to the Charity
Commission guidance on public benefit as deiailed here-.
l. When not c105ed by Covid guidelines we provide activities that aff benefjcial through
providing opportunities for Scouts, Guides and other young people. especially but n
exclusiv¢ly through leisure time aciivilies, lo d¢v¢lop their capabilities thai they ttlay grow
to full mati￿lty Ls inth"viduais and members of soci¢ty. Thi$ benefit is open to all youth
groups and a discoulli is ￿Ven lo eligible clwitable orgamsatsons.
2 By pursuing th¢s¢ aims. the activiti¢s managed by the TnL8ttts have due regard to the
Charity Commi55ion's public benefit guidance, and Supplementary public benefit guidance
on advancing education and on f¢¢<h￿Ing.
6. Financial review
In¢ome from activities:
Income for the year wa5 Constrdined by closure of the St￿ during our main revenue earning
p¢riod of spring, summer 2020. There was only a limit¢d opening period from I. September
2020 to November 2020 which provided som¢ revenue for the year.
Costs".
We Constantly revTrewed and n)anaged costs in the year to ensure 5urYival. Costs fell by £367K
when compared with 2020.. (£I70K reduced activity costs including catering, wat¢r and
heatitig ¢0sts" £160K reduced staff costs and £37K nei oth¢r). Strff costs would hav¢ been
further reduced without furlough sUp￿rt. (rec¢ipts of £85K Includ￿ with Grants and
Government support) and incurring redundancy costs.
Most essential maintenance was ¢aTricd out with the minimum of expenditure being mainly
labour ir5ten5ive. We esiimaie £50K pa will be needed for the foreseeable future io ensure
cssential one-off repairs arc Completed in a timely ma[￿er.
No Trust¢¢s are pai(L and no employee earned over £(￿,0￿) pa.
Defi¢it."
With a full year of overh¢ad5 yet only ￿Mited revenue for two months there was an operating
deficit of £IOOK and a deficit #fter depreciation of £130K' compared io last years sutplus
figures of £IOOK and £84
Current ye*r:
Coronavirus continues lo provide uncertainty. Planning the r¢op¢ning date of 1st May 2021
was taken after Careful consideration of reopening wsts. iN)okings and Covid guidelines.
Residential Covid guidelines l¢S¢ncted many of our bookings for 2021 and many have been
deferred to summer of 2022. Most b￿kIllgs for 2021 have been for day a¢tivities Only so
anticipated income for th¢ ¢urreDI year 15 anticipated to be al only 25 /u of the 2020 visitor
iA¢ome.

The King George V Memorial Scouts & Guidu ReereationAI L$nds
(rhe Beaudesert Trust)
Rqxbrtof the Thbtees forthe yearooded31' 2021 {o)nt'd)
We ar¢ now focused on providing the besi possible ex￿rienCe for our visitors witbin th¢
resources we have available. We will slowly expand our resou￿¢S such as illstructors as our
income from bookings ¢overs the costs.
During the CUTr¢nt year the Trusi agreed an insut3Uf¢ Settlement figure of £49K for a buildin8
¢on5idered to be pasi repair wknich was received in Augusi 2021.
Net a$sets:
The Net Asset ￿Sition at 31° March 2021 was represeni¢d by the following main items:
Tangible a55els after revaluation iu 2019 were £1.508.625 {2020.. £1,537,934). During the
year £nil was incurred on new fixed assets and the depreciation charge w&5 £29.309.
Debtors reduced by £27,413 from £44,818 in 2020 10 £17,405.
The balance of cash at bank and in hand of £102,243 included £50,000 ff¢eived from the
Bounce Ba¢k Loan received January 2021.
Creditors falling due witbin one year of £66,529 are down on the figure for previous year
£98,758 as deposits beld for fvtUTe i￿kingS are lower (due to Covid uncertamty) and
there was less activity ai the end of the year.
creth.tors over one year ar¢ all for the Bounce Back Loan which will be repaid over 9
year5 Gommencing Feb 2022.
Reserves Poliey:
The Trustees hav¢ established a policy that ihe free reserves of the Charity. should be between
four and nine month5 of operdiing COSLS, ￿.hICh provides sufYici¢nt fund5 for the charity lo
survive a sigwficant drop in fvnding, or business iDterrupiion. Futu￿ reseryes will b¢ starting
from a balance of £1.394 held at 31st M*ch 2021
IDvestment Polfi¢v:
Apart from retaining a prudent amount in reserves each y¢ar. mos¢ of the Charity's funds are
spent in the short tenn. so there ar¢ lew funds available for long term investm¢nt. Having
considered several options available. it was decided to invest any fun¢ls noi required short term
in a low risk commercial bank deposit account. The Tn￿teeS continu¢ to review the Charity's
investsnen¢ policy annually.
IllteTnal controls:
An a[￿Ual budget approved by th¢ Tn￿te¢s.
Appropriate delegation of authority and st￿gatiOn of duties.

The King George V Memorial Scovts & Gyide8 Recreational Lxods
rrbe Beaydttert Tnut)
RqKxt rfthe Tr&Aakrlk)Y*re￿11dJA. MaTrh 2021 (cm*'d)
Privale benefit:
The Trust confirtns that it does not proN'ide any F*nefit to pnyate individuals with the
excepiions of paym¢nt for liabili(y insuran(x wbich b&$ been authorisrd by the Clwkty
CottlllliS5ion in a s¢heme dated F¢bruary 2(XH.
The TThstees' report was approved bv th¢ Exetlltive OD IP Ortober 2021 2nd signed on Ibeir
behalf bv:_
4bty
Mr J Cotton
Chairn]an
Mrs E Gi]mb
Tre&sureT

Independent Audilor's Report to ihe trustees of
The Kthg George V Memorial Scouis & Guides Reere*tional Lands
ITkne Beaudesert Trusi)
Opinion
We have audited the financial statements The King George V Memorial Scouts & Guides Recreatiooal
Lands (The Beaudesen Trust) (the 'charity') for the year ended 3 1st March 2021 which comprise the
State￿ent of Finaa¢ial Activities. th¢ Balance Sheet and notes to the financial statem¢uts, incluthng a
summary of signifi¢ont accounting policies. The financial reporting framework that has been applied
in their pr¢paration is applicable law and United Kingdom Accouniing Standard4, in¢luding Financial
Reporting Standard 102 The Fitwi¢ial Reporting S(andard applicable ID the UK and Republic of
Ireland (United Kingdom Generally Accepted Ac¢owiting PrdCtic¢).
In our opinion the fllMll¢ial 51atements:
give a true and fair view of the state of the Ch￿Ity'S affairs as at 31M March 2021, aud of its
in¢oming resour¢es and application of resources. for the year th¢n ended.
hav¢ been properly prepared in attordance with United Kingdom Generally A¢repted Ac¢ounting
Pra¢tice,' and
have been prepared in accordance with the r¢quirements of the Charities A￿ 2011.
Basls for opinion
We condu¢ied our audit in accordance International Standar&s on Auditing (UK) (ISAS (UK)) and
appli¢able law. Our responsibilities under those Stsndar(Ls are fijrther d¢scribed in the Auditor's
responsibilities for ihe audit of thc financial ststements section of our repon. We are independent of the
harity in a¢¢ordance with the ethical requirements thai are relevant lo our audit of the fllwicial
stst¢ments in the UK, including thc FRC'S Eth"ical Standar(L and we have fi￿rilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evid¢D￿ we have
obtained 15 sufficient and appropriaie to provide a b&sis for our opinion.
Conclusions relating to goiDE cottcern
W¢ have nothing to report in re5peci of the following matters in relation to which the ISAS (UK)
require us to report to you where..
the lrnste¢s' use of th¢ going conc¢rn basis of 8¢counting the preparation of the financial
statements is not appropriai¢' or
the tThstees have not disclosed in the fmancial ststements any identified material uncertainties that
may cast significant doubt about the charity's abiliry to ¢ODtsnue to adopi the going concern basis
of accounting for a period of & Iwi Nvelve month5 from the date when the financial sthiements
8r¢ authorised for issue.
Other information
The tnLStees are responsible for th¢ other inf0m￿ll0ll. The other infonnation comprises the iDforn)ation
included in the tr￿St¢¢5' annual r¢port. other than the financial 5ts1ements and our audilor's report
thereon. Our opinion on the financial statements does Doi ¢over the other inforn￿ll0n except io
the exi¢nt otherwis¢ explicitly ststed in our repor4 we do not express any form of assuran¢e Conclusion
thereon.
Jo

Independent Auditor's Report to tbe trustees or
The King C¢oTge V Memorial Scouts & Guides Recreational Lands
(Th¢ B¢aud¢sert Trus¢} {¢on¢'d)
conlle¢tion ￿1th our audit of the fllwicial statements. our r¢sponsibility is to read the other
inforn)ation and, in doing so, consider wthether the other inforniarion is materially in¢onsistent with the
financial ststements or our knowledge obtained in the audii or otherwise appears to be materially
isstated. If we identify such material llloon5￿tellC1e5 or apparent material misstatements, we ar¢
required to detern)ine whether there is a material misstatement in lh¢ fmancial statements or a material
misststement of the other infortnalion. If. based on the work we have Ftrfornied. we conclude that
there is a material ￿l￿tal¢m¢￿t of this other inforn￿t1on. we ￿e required to report that fact.
We have nothing to report in this regaTd.
M*t¢ers which we are requlred to report by exctption
We have nothing to report in respeci of the following matters in relation to wkn'ch the Charities
(Accounts and Reports} Regulaiion$ 2008 requirc us to report to you if. in our opinion-
the infoTmation given in the fllmncial stai¢m¢uts is incon5islent in any material i¢sp¢ct with the
Irust¢¢5' rep)rt.' or
suffi¢ient accounting re¢ords hav¢ not been kept: or
th¢ financial statements are not in agr¢¢m¢ni with the accounting records. or
w¢ have not received all the information #nd Cxplanutions we r4uire for our audit.
Responsibilities of trustees
As explaincd more fully in the trusiees. re5pon5ibilities statement (sd out on page 2), the tnLSt¢¢s ar¢
responsible for th¢ preparation of financial st&trments which give a true and fair vi¢w, and for such
internal control Is the trustee5 deterniine is n¢¢¢ssary to enable the preparation of financial statements
thai ar¢ fr¢¢ from material misstsiemeni. whether du¢ to fraud or error.
In pr¢paring the financial ststemenLS, the truslees are responsible for asse55ing the charity's ability to
oniinue as a going conc¢rn, disclosÈng, as applicabl¢, matters related to going ¢onc¢rn attd using the
going concern basis of accounting unless the ttNsiees either intend io liquittstr the charity or to cease
operations, or hav¢ no realistic alternative bui io do so.
Auditor's respoD$lbUitie5 for ihe audit of the fln¥n¢ial statements
We hav¢ been appointed as auditor wjder Section 145 of the ChaTities Act 2011 and reFK*rt in
a¢¢ordance with regulats'ons made under section 154 of that Act.
Ovr objectiv¢s are to obtain reasonable assurance about whether th¢ financial Stsiements as a whol¢ are
free from material misstatement, whether du¢ io fraud or error. and to issue an auditor's repon that
includes our opinion. Reasonable assuran¢¢ is a high level of assurance, but is not a guarante¢ that an
audil conducted in a¢¢ordance with ISAS (UK) will always delect a mat¢ri81 mi55tatement when it
¢xists. Misstatements can aris¢ from fraud or error and ar¢ considered material if. individually or in
th¢ aggregate, they could iea50nably be expected to influ¢n¢¢ the economic d¢¢isions of user5 taken on
the basis of these financial ststements.
As part of an audit in accordance with ISA5 (UK). w¢ ¢x¢r¢ise profe55ional judgmenr and maintain
professional 5cepticism throughout the audit. We also..

IndependeDI .4uditor'$ Report to the trustees of
Tkne Klng George V memori￿ ScoMi$ & Guides Recreational LaDd$
(The Beaudesert Tru$t} (cont'd)
Identify and a55ess the risks of mai¢ri41 misstatement of the financtal statements. whether thie to
fraud or error, d¢5ign and perfonn audii procedur¢s re5PODsive to those risks, and obtain audit
evidence thai is suffi¢ient and appropriaie th provide a basi5 for our opinion. Th¢ risk of not
detecting a material mi&slatement resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery. intentional omissions, misrep￿5¢ntatIon3. or the override
of internal Control.
Obtain an understsnding of inienMI ¢ontrol relevant to the audit in order to design audit pro¢edur¢s
that are appropriate in the circumstances. but not for the purpose of expressing an opinion on the
cffectiveness of th¢ ¢hatity'5 internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of a¢¢ounling
estimates and T¢lai¢d disc105ures made by th¢ trust¢es.
Conclude on the appropriaieoess ofthe ITU5tees' use of th¢ going concern b&8is of accounting and.
based on the audit evidence Obtaine￿ whether a material uncertainty exists related io events or
Conditions that may ¢a5t sigmficant doubt 00 th¢ charity's ability to ¢ontinue as a going ¢oJ¢¢rn.
If we conclude that a material uncertaillty exists, we are requir¢d to drdw attention in our auditor's
report to the related disclosures in the financial staiements or, if such disclosures are inadquate, to
modify our opinion. Our ¢on¢lu5lo￿ are based on the audit evidence obtaiti¢d up to the date of
our auditor's report. Howev¢T, futtwe events or coodiiions may cause th¢ clwity to cease to
continue as a going concern.
Evaluale the overdll presentation. structure and contenl of the financial statements. including the
disclosures, and whthher the financial 5tstcments represent the undcrlying transactions and events
in a manner thai arhi¢v¢s fair presentaiion.
We communicat¢ with those charged with goi'crnance iegarding, among other matL¢rs, the planned
scope and timing of the audii and SI￿1r1¢ant audit findings, including any significant deficiencies in
internal control ihai we ideniify during our auth"i.
Use of our report
This r¢port is made sol¢ly to the chariry's trustees. as a body, in ac¢ordance with Part 4 of the Clwities
(Accounts and Reports) Regulatiotks 2008. (hw auth'i work has be¢n undertaken so that we might state
to the charity's tsusiees th
other purpose. To th
atters we are required to state io them ID an auditor's report and for Do
tent permitted by law, we do not accept or assume responsibility to
anyone o
erih
cch
fortheo
d the ¢han"ty's trustees as a body. for our audit worL for this report, or
ni
we hav¢
Brad$
For and oo beha
Chartered A¢¢0
Statutory Auth"to
19 October 2021
A (senior statutory auditor)
radsbaThs Limited
tsand
Charter Court
2, Well Hou5¢ Barns
Chestrr Ro
Br¢tton, Chester
CH4 ODH
Bradshaws Ltd is eligible to act &$ an auditor in term5 of s¢¢tion 1212 of the Companies Ad 2(K)6.
12

The K5ng George V Memorial Scouts & Guldes Re¢reation41 Lands
(Tbe Beaudesert Trust)
STATEMENT OF FINANCIAL ACTIVITIES
for the year ending 31" March 2021
2021
2020
Note Uttrtstricted Restricted
Funds
Funds
Tota] Unrestricted Re5triCt¢d
Fund5
Fund5
Totsl
Incoming from:
Donations and gift5
2279
2279
5.850
16.963
Charitable Acts'viti&s
131.948
3,093
135,041
7￿,925
71)0,925
Investment Income
594
594
Total In¢oming
137 531
712632
718482
Expendlture on:
Charitable activities
2￿),538
7.030
267,568
629,355
4.827
634,182
Total Expenditure
260.538
7.030
267,568
629.355
4,827
634,182
Net income
Gains on ievaluatton of fixed
assets
(126.1(K))
(3.937) (130,037)
83,277
352,(K15
1,023
84,300
352,005
Net movetnent ID funds
(126,1￿)
{3.937) (130,037)
435282
1,023
436,305
Reconci]iation of Funds
Fund balances brought fonvard
at I" April 2020
1.636.119
18,088 1.654207
1.2(M),837
17.065 1217.902
Fllnd b4lances carrled forward 12
t 31" March 2021
1510019
14 151 1524 170
1636 119
18 088 1654207
The not¢$ on pages 16 to 21 form part of these financial statements.
13

The King George V Memori*l Seouts & Guides Retr￿110￿￿ L*Dds
(The Be*udesert Trust)
BALANCE SHEET
as at 31" March 2021
2021
2020
fjxed Asyets
Tangiblc asseis
1.508.625
lJ37.934
Current assets
Stock
Dcbtor5
Cash at ballk and ID hand
IlJ84
17,405
102243
11.894
44.818
158.319
10
131032
215031
Current liabilities
Creditors.. Amounts falling d￿ within
on¢ year
29
Net current ￿ets
116273
Totsj ￿ets le55 ¢UTrcttt Il*bllitios
1573.128
1,654207
Cl￿710r$.. Am(Amts due in more than
12
(48.958)
Net Assets
1524.170
1.654207
Represented bv:
Cbgrity Funds
Restricted fund
17
Unrestricted fund - General FWKI - 12
ncludes revaluation rtserye of £802.388
(2020-. £802.388}.
14,151
18,088
IJIO.019
.636.119
15?4.170
1.6542()7
The finandal stxtemettts wtre *pproved by tbt Trnstets ott IP October 2021 and signed on their
beh4lf by:_
Jeremey CottTrL DL
Chaimian
El￿th Gumb
Tr¢asurer
Tbe notes OD p*ges 16 10 21 fonD of I1￿ ststsments
14

The King George V Memorial Scout5 & Guides Re¢re*tioDal Lalld5
(Tbe Beaudesert Trust)
STATEMENT OF CASH FLOWS
as at 31" March 2021
2021
2020
Notes
R¢¢onciliation of op¢r&ting surplus to ttet
¢*5b inflow from charitable activlties
Operating Surplus
Restricted
.. Ut]restti¢t¢d
(3,937)
(235.485)
(4.827)
423.575
Movement ID worklng ¢xpit
Revaluation
Depreciation
(tncrease) I decrease in StocLs
(352.004)
16.569
{8,708)
29.309
510
(Increase) / deerease in debtors
Increase l (decrease) in creditors
Deposits on future courses
27.413
(22.530)
(10.741)
{13,334)
(12.682)
(23,794)
Net cash inflow from ch*Titable 4ctivitAes
(215.461)
24,795
Net fash inflow from Charitable activities
(215,461)
24.795
Investment lllcome & doLation5
Returns on inv¢stmeDts and s¢rvicing of finance
Donations
Government Support
Bounc¢ Back Loan
594
16.963
2.279
106.895
50.0
Appli¢4tion of funds
Capital Expendilure
(48.766)
(56,076)
(6.414)
RecoJ)¢iliation of n¢t cash flow to movement in net fillknjs
Decrease I Increase in c*sh ID the year
Net bank position 151 April 2020
Net bank posiiion 31. March 2021
158.319
164,733
io
102,243
158,319
15

The Klttg George V Memorigl Scouts & Guides Recreatioll￿ L￿d5
(The Beaudesert Trust)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31" March 2021
A¢countillg policies
Basls of prepar*tion and assessment of going concern
The #¢counts {fsnaDcial 5tatemeDts) have been prepared under the historical ¢ost convention with
items recognised at cost or transaction value unless oihenvise stated in the r¢l¢vant notes to these
ac¢ounts. The financial statements have been prepared in accordance with th¢ Stsi¢ment of
Reconunended Practice.. A¢¢ouuting and R¢porting by Charities preparing their accounts in
a¢¢ordanc¢ with ihe SORP 2015 Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) Issued on 16 July 2014 and ihe Financial Reporting Standard
appli¢abl¢ in th¢ Unit¢d kn"ngdom and Republic of Irela[￿ (FRS 102) and the Charits'es Act
2011.
The tnjst constitut¢s a public benefit entity as defjned by FRS 102. The TnLSt¢es consider that
there are no uncertainties about th¢ Trust's ability to continue as a going concern over the n¢xt
twelve months.
Depreciation
All the fixed assets are used for the direct fi]rth¢ranc¢ of the Charitys activities.
Depr¢¢iatson Is calculated to ￿TIte off the costs of lan￿ble fixed ￿ets over their expe¢t¢d usefi
¢¢onomic lives using the following rntes:_
Freehold buildings- 2•/0 per annum straight line
EquipmeDI- I￿/0 per annum strnight lin¢
Trustees have reflected in thes¢ Financial Accounts a valuation of the iDali¢nabl¢ asset of the
land. An Cstimated valuation of £850,000 h&8 been placed OD this land following th¢ valuation in
D¢¢¢mber 2019 by Boot & Son..
Fund accountlug
General fijnds are wirestricted funds which are available for use at the discretion of th¢ trustees
in furtherance of rhe general objectives of the Chariry and which have noi been designated for
oth¢r purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for
particular PUTPOSes. The aim and use of each de5iwied fund is set out in the notes to the
fllwicial statements. Restricted funds are funds which are to be used in accordan¢e with specific
restriciions imposed by donors or w.hich hav¢ b¢¢n raised by the Clwi'ty for particular purposes.
The ¢ost of raising and a(Iminist¢ring su¢h funds are charged against the specific fund. The aim
and use of each restricted fund is set out in the notrs ¢0 the financial ststements.
IDCDmin2 resources
All in¢oming resources are included in the SOFA when th¢ Charity is legally entilled to the
income and th¢ amount can be quantified with r¢asonable acc¥Jracy. For lega¢i¢s. ¢ntitlement is
the earlier of ihe Charity being notified of an tmpending distribution or the legacy being
received. Gifts in kind donated for distribution are included at valuaiion and recognised as
income when they are dÈstribuied to the proj¢¢ts. Gifts donated for resale ar¢ included as income
whcn they are sold. Donated facilities are included ai the valu¢ to the Charity where this wi be
quantifi¢d and a third party is bearing the c05t. No amounts are included in the fukancial
statements for services donaied by volunlcers. All grants ar¢ ￿¢￿unICd for gross when
Tcceivable. Grants payable are recowsed as exp¢ndintre when the commitment is ¢nter¢d into.
16

The King George V Memor1￿ S¢outs & Guides Recreadonal Lands
(The Be#udesert Trn$t)
NOTES TO THE FINANCIAL STATEMENTS (cont'd)
For the year ended 31" March 2021
At¢ouDt5ng policie5 (cont'd)
Resour¢es eipended
All expenditure is accounted for on an accruals basis and has been ¢I￿SIfied under headings that
aggrcgate all costs related to the cat¢gory. Where costs canno( be direcdy attributed to particular
headings they have been allocaied ro aciivÉlies on a basis consislent with use of the resources.
Fund-raising costs are those incutred in seeking voluntary Contributions and do not include the
costs of dissffliinating inforn]ation in supwrt of the chan"table activities. Support ¢OSLS ar¢ those
costs incurred directly in 5UPPOrt of expenditure on the objects of the Charity and in¢lude project
managcment. Management and administration costs are thos¢ in¢urr¢d in CODnection with
administration of the CTrwity and compliance with CO￿￿lIUtioI￿l alld statutory requirements.
Sto¢ks
Stock5 are valued at the lower of ¢051 and net realisable value. after making due allowan￿ for
obsolele and slow moving it¢ms.
Penslon
Contributions lo der￿ed contribution plans are recognised a5 an expen￿ in the period kn which
the related servire is provided. Prepaid conttibulion5 are recognised as an ass¢t to the exlent that
the prepaymetst wll lead to a reduction in fUn￿e payu)¢nts or a cash refjjll
Unrestricted Restricted
Fund$
Funds
TO￿ Unrestricted Restricted
2021
Funds
Funds
Totsl
2020
Donatlon$ #nd gifts
Donations and Gift Aid
A¢tivities
2279
2.279
11.113
5.850
16,963
Ullrestrieted Restri¢1￿ Totsi Unrestricted Restricted
Funds
Funds
2021
Funds
Totsl
2020
Bank iDtere5t
594
594
17

The King George V Memorial Scouts & Guides RecreatioDal Lands
(The Beaudesert Trust)
NOTES TO THE FINANCIAL STATEMENTS (cont'd)
For the year ended 31" March 2021
Income of the Trust
Unrestricted Restrkted Tot*1 Utrestticted Restricted
FuDds
Fll￿d$
2021
Funds
Funds
Total
2020
Grants & Government
Support
Fees, Facilities
and Activities
Other incorne
106,895
106,895
18,348
6,705
18,348
9,798
594.682
106243
594,682
106,243
3.093
Charitable a£tiTriti¢s
Unrestricted Restricted
Funds
Funds
Totsl Unrestrided Restricted
2021
Funds
Funds
Totsl
2020
Staff costs
H¢at and lighi
Repairs and renewals
A¢iivity experLses
Estate managemenl
Rates and water
Telephone post aThd
Stationery
Retail and Catering costs
Insurance
Trdvel and subsist¢n¢e
Depreciation
Legal and professional
fees
Auditors Fees
Oiher costs
Bank charges
153,004
8282
12,024
13244
10.100
5.525
2.346
4,469 157.473
8.282
12.024
13244
10.950
5.525
2.346
315,049
31.969
26.583
82.624
23,541
18.3
2.046 317,095
31.969
26,583
.013 83.637
23.541
18.300
8.406
850
1.987
19,088
207
27,598
501
1,987
19.088
207
29.309
501
64,520
17.688
811
14.801
11.359
64,520
17.688
811
1.768 16,569
11,359
2.500
3,284
848
2.500
3,284
2,530
7.110
4,064
2,530
7,110
Staff numbers and C(￿ts
The key mallagement personnel of the ¢harity ¢ompri5e the manag¢rs in charge of the ¢cnt¢r.
guest services 2nd health & safety. The total employee benefits of the k¢y management
personnel of the Trust were £55,969 {2020.. £60.675). No employee of the charlty r¢¢eiY¢d
emoluments of more than £6A),(XK> (2020.. none). During the year the average monthly head
¢ount w&5 14 employees (2020.. 15). No employee received ¢moluments of moTe than £60,0(KI.
The costs to the Charity were:
2021
2020
149.569 293,682
3,458
14.852
8.561
Wages and salaries
Social s¢¢urity costs
Pension costs
18

The King George V Memori*l Scouts & Guldes Re¢re*tion•] Lands
(The B¢audesert Trust)
NOTES TO THE FINANCIAL ST.4TEMEIYTS (cont'd)
For the year ended 31" March 2021
Trustees, remMner4tiott *lld expenses
None of the Truslees received any remunerntion for services to the Tnjst. Expenses incurred by
Trustees on b¢half of the Trust were often ￿fi¢d ¢0 the TrusL
TxDgible fixed *ss¢ts
Freehold L￿d
and buildlngs
Plant And
Equipment
Total
Cost or valuation.
At I" April 2020
Additions
Revaluation
As ai 31'March 2021
1.5(KI.CKKI
260,264
1.760264
Depreciation
At I. April 2020
6.411
215.919
222.330
Charge for the year
Rel￿sed on revaluation
9,309
29,309
At 3 1st March 2021
225 228
251639
Net book value
AI31YMar¢h2021
1.473,589
35.306
1.508.625
At 3 1st Mawh 2020
1.493,589
44,345
1.537,934
In order to comply with the PTovisions of the SORP 2015 Accounting and Re￿rtIng by
Charities (FRS 1021 the Trustees have reflecied in thcs¢ Financial A¢¢ounts a valuation of the
land and buildings. In December 2019 the grounds and buildings of the trusi were revalued on
an open market ba5]5 valuaiion at £1.5m by Booi & Son. Independent Chartered Surv¢yors. of
Cannock. Stsffs.
The historical cost of the land and buildings (included in the financial statements at valuation)
is £697,322. (2020: £697,322). This represents th¢ costs incurred by the charity since the
lands were donated to it aud no cost is atttibuted ￿ the original lands
19

The King George V Memorial Scouts & Guides Recreatlonal Lands
(The Beaudesert Trust)
NOTES TO THE FINANCIAL STATEMENTS (cont'd)
For the year ended 31" March 2021
Debtors
2021
2020
Trade debtors
Other debtors
Prepayments
2,098
3,818
4,478
20,500
io
Cash at bank and Ill hand
Bank accounts
102
li
Creditors- #mounts falllng due vlithin one year
2021
2020
Trade creditors
Taxation & Social Securtty
Deposit for futur¢ activiii£s
Accurals
Bounce Back Loan
1.276
14.817
10,435
68,133
5,374
57.392
4.910
758
12
Creditors- amounts falling due mor¢ than one year
2021
2020
Bounce Back tA)an
13
All*lysis of net 4sstts betwe¢n funds
Unrestrirted Restricted
Funds
Funds
Total
FuDds
Fund b8lances at 31° March 2021
ar¢ represented by:
Tan￿ble r￿ed assets
Current assets
Less Current liabiliti&s
Less.. Creditors thie in more than l year
1.497,717
127,789
(66,529)
(48.958)
10.908
3243
1,508,625
131,032
{66,529)
(48,958)
1510019
1524 170
14
Capltal ¢ommitments
There wffe llo capital con)n)itments authorised or contract￿ for at the year-end.
15
Taxation
The Charity is exempt from t￿ation on any iD¢ome or capitsl gains.
20

NOTES TO THE FINANCIAL STATE,MENTS (cont'd)
For the year ended 31" March 2021
16
Control
The Charity is under the control of the Tnw¢¢s.
17
Restrleted funds
Opening
B%lan¢e
Net
lttcoming
Resource5
Transfers
Closlng
Balince
Cal Day
Ar¢h¢ry Range
Pedal Karts
Alpine Barn Project
Climbing Wail
Reception Renovatio￿8
Gras5 Sledging
SSCE Community Foundation
Teni¢d village
CB & HH Taylor
{2.000)
(333)
(204)
(935)
1.243
(1,477)
923
{400)
{254)
{500>
6,000
1.668
2,001
204
935
2,243
376
2,318
1,853
1.395
1,800
5(M)
1,546
37
Restricted funds
Most of the funds received have bttn expended on capital projects where th¢y are being
depreciaied ov¢r a icn year period.
21