BEAUDESERT 19J7 Trustees, Report and Financial Statements for the year ended 31st March 2026 The King George V Memorial Scouts & Guides Recreatlon Lands (The Beaudesert Trust) 2025126 Charity Number 522603
The King Ceorge V Mernorial Scouts & Guides Retreation Lands (rhe Beaudesert Trnst) Financial Accounts for Ihe year ended 31- March 2026 Annual Report & Accounts 2025-2I126 The Tnte¢S present their 8Tr Annual Report for the year ended 31° Mh 2026. The fmancial statements have Tren prepared in accordance with the Statement of Recommended Pwtirc.. Accounting and Rcporting by Charitics prqjaring th¢ir x¢ounts in ¥cordan¢e with th¢ SORP 2019 Financial RertIng Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reponing Stsndard applicable in the United Kingdom and Republic of Ireland IFRS 102) atMI the Charittes Art 2011.
The KSng Ceorge V Memorial Scouts & Guides Rreational LaDd$ (rbe Beaudesert Trnst) Index: Pa Trustees, Report J. Reference inforniation for the ¢haTiry 2. Statrmcnt of TnLSl¢CS' r¢sponsibililies 3. Strncture, goi¥emance and markagement 4. Objectives & activities S. Achievements and IrfOrManCe 6. Financial review Independettt Examiner's Report Statement of Financial Activitie5 10 Balanee Sbeet Statemellt of flows 12 Notes to the Flnanclai StatemeDts 13- 18
The King George V Mtmor(l Scouts & Guldes ReertAtIOn Lands (rhe Beaudesert Trnst) TRUSTEES, REPORT The TnleeS present their annual rert and the financi statsm for the year ended 31. March 2026. l. RefereDte and adminbtrtion details: Thc King G¢org¢ V Mcmoriai Scouts & Guide5 Recreational Lands, has a working title of The Beaudesen Trust. and Is marketed as Beaudesert OutdiK>r Acttvity Celltre. Registered Chariry Number.. 522603 Address.. Beaudesert PaTk, Cannock Worf Rugel¢y. Staffordshire WS15 4JJ Tel= 01543 682278, Email: admin bcaudcsen.or W¢bsitc'. www.b¢audescrt.or . Trustees and Officers ofthe charity: Ex4)fficio Trustees: Th¢ Lord Li¢utenJnt of the County of StstToTdshire: Prof. E Barnes LL. CBE The Chairnian of the County Council of Staffonlshirc: Cllr. Mr P Williams The Chairnian of th¢ Staffordshire Branch of CPRE.. Mr. M Khuram Resigned 2710312026 Mrs S Cooke Appoinied 2710312026 MTS. T Chamberlain. Mr. R Williams. Mrs. K Belcher ' Ms L "£hardson ' and J Steel * The Guide County Commi&sioncr for Stsffordshire: The Scoui Lead Voluntecr for StaffoTdshire: The Guide County Commi&sioncr for Wcst Mtrcia The Scout Lead Volunteer for West Mercia". Elected Trn$t¢es: Mr. J Dcotton DL * Mrs. E Gutnb• Chairnian Treasurer Mr. D Phillips. Mr. T Hague. Mr. L Bird• Mr. Tr4 Lovett. Mr C Benbow. Appointed 1611112025 Operations ManA2er: Mr M Kirby. Eie¢ytive Committee". all members of the Executive Committee are Identifi with an
The King George V Memorial Scouts & Guides Recretion41 L#Dd$ (rhe Bexudesert Trust) RqxwtofdTnkn Arthe)woThkn131' Mareh (0)nt. Professional Advi50r5: Bankers.. Soli¢Ito- HSBC Plc, 53 Anchor Ro& Aldridge. West Midlands. WS9 9AD Ansons, St Mary's Chamber5, 5-7 BTeadmark¢t Str¢¢t, LIGhfi¢ld, Siallordshire. WS13 6LQ Independent Examiners.. Brddshaws Lt4 Charter CourL 2 Well HOe Barns Ch¢sr Roa Bretton, Chestrr CH4 ODH Chartered Surveyors.. Bt & SOD, 19 Wolverhampton Rorf Cannock. Staffordshire, WSI I Insurance Brokers: Unity Insurance Service4 Lancing BSIneSS Parl Lancing, Sussex. BN15 SUG 2. Statement of Trustees responsTbilities Th¢ Trust¢cs are responsiblc forprcparing the Tr{e¢s. Ann Rew and the Financial Statements in accordance with applicabl¢ law. and United Kingdom Accounting SwKlarth (Unid Kingdom Generally Accepted Accounting Practice). The law applicable io charities in England & Wales requres the Trustees io prepare financial statem¢Dts for each finan¢ial year which give a tru¢ and fair view of the sut¢ of affairs of the charity d of the incoming rcsourc£s and application of Tesourees of the chan.ty forth#t pcriod. In prqyaring thcs¢ finaDrial statcm¢nts, the trustees are requiTed to: select suitsble accouniing policias and then apply them consistently. observe the metbods and principles in the clwi.ties SORP 2019 {FRS 102); make judgements and estimatrs that are re&sonable and prudcnL stsie whether applicable accounting standards have been followe4 subject to any material departurcs disclosed and cxplained in the financial statements. prepare the financial statements on the going COern basis unless il is inappropriaie to presuule that the cl]arity wRll contitiue in opaation. The Trustees are resw)nsible for keeping proper accounting records that disclose with Teasonable accuracy al any time the financial position of the Clwity 4nd enabl¢ thcm to Ure that th¢ financial S121emeniS ¢omply with th¢ ChAriiies Aci 2011. the Chariry (AccounLS and Reports) RegulAiions 2(K)8 and the proTrisions of the tnLSt deed. They are also responsible for safeguarding the &ss¢ts of th¢ charity and henrc for thkins reasonable 51cps for thc prcv¢ntion and dctcciion of fraud and othcr iTr¢gulariti¢s. 3. Structure. 2overn4nce, nd man8eTnenl Scheme oCreguiatlOD: Thc Trust oFern¢¢% under a Scheme of Rcguiath"on datmg from 6 January 1939, amended 4 March 1977 &s affected by fither Schemes dated IO. February 2(MM and I P November 2009. Governattee: The 'fnst adopts guidance from the Charity CommissioD as il is issu including the Charity Govcrnanc¢ Codc issued ID Scptcmber 2017, and thc Clwitics Act 2022. Govcrnancc, poltcies, and strategy are reviewed annually at our Trustee away day.
The King George I, Mernorial Scouts & Gulde5 ReereationAI Lands (The Bexudesert Trust) Organistional structure: Governing Body: The appointcd and electrd TnLStees of the chRty arc rC5)nSIble for the oi'erall control of the Trust. Eitcutive Committee: The tDembeTS of the Ex¥xutivc Committee are responsible for the governance 2nd management of the Tn1 throughout the year. including approval of the budget and business plan.. for Setting strate8ic direction. and for finalisation of the accouTtts and Trnslees, report for approval by the Annual Meeting of the Board of Trustces. M4n¥gement and Finance Su0mIttee. The Management and Finance Committee Is responsible for approving the budget and any expenditure outside the budgei: reviewing the pcrforn]anc¢ of th¢ TnLSi quancrly. approval of d#isiotL8 with a significant impact OD budg¢1 delivery: and reviewing all signifiGqnt tme1 issues ajjd Tn8n#g¢rial r¢¢rnitment. Sales And Marketing lutcomMIttee is fnsible for managing Sales and Marketing and so growing the number of visitors and incom¢ for the site- & also respO81b]e for ¢xt¢rnal relalions. Operational maDagemeDt: Thc olatiOnal D)anagemcnt of thc Trust is th¢ restx)nsibility of the Centre Manager and hi5 Man¢M¢t am. RecrnitmeD4 ppoiDtment and training of Truslees: The Charkty'5 ¢l¢¢ted TnL8iees are appointd at the Annual Meeting of the Tntst on th¢ bLsis of nominations rcccived from the Executive CoEwnitt¢¢. The lIcY on recruiting Trustccs was revicwcd in swember 2017 and the Executivc dcmined th* it should have a minimum of10 mcmb¢T5 with the appropriaie rdnge of ski115 to manag¢ the Trus(. and that Executiic mcTnbers have a temi of smicc of 4 years, renewable once: with a t¢rni of smllce for Chairn1gn and Treasurer of 5 years, rcncwablc i)Dce. Our nomIrll0n proccdur¢ is ts) advertise openly for Trustees and then the applI&[S are interviewed by thc Exccutive ts) see wbo bas the skills and knoWIg¢ required. Successfijl applicants are co-opted on to the Executive Committee, and proposed for election at the AGM. New TTUStees are inducted into the role of the TTUSt¢¢ and the Trust's obJtiVes, procedures. and busin¢ss plan by the Chainnan. Related parties: Beaudesert is a stand_alone charity with no Telated parties, which shares its objectives. However, it works closely with tts visitors including I1 S¢outs and Gukdes, whose 4 County Commissioner5 and L£ad Voluni¢¢rs are Ex-officio Tntsiecs. Risk Management: The major risks faced by the TnLSt have been identified and assessed by th¢ Executive Committee, and syst¢rns and procedures estsblished to nwha8¢ the risks. The key controls used by the Chariry include.. skill$ audit of thc Ex¢¢utiv¢ Linked to TThtee TecnJltnnt. ternis of reference. fornRI agend and mioutes for all Committees. fonnal written polictes; conflict of interesi review at the start of a]1 Goveman¢¢ meetings; comprehensive strategic planning, &8set managemenL budgctiDg & accounting. estsblished organisalional StruCtt and lines of re1Ing. lear authorisatson and approval levels" h. fU]C1a1 management and review through the Management & Financ¢ Commilt¢¢' vetting procedures for TrustCCS, Staff or volunteers including DBS wherc rclevant. the completion of a comprthcDsive risk register. review annually at our away day.
Th¢ Klng George V Memorlal Scouts & Guldes Re¢rMdonJ Lands (rhe Beude5ert Trust) Rert of theTnLrtea the)wonded310Marcb 21126 (cont'dl 4. Objectivey & Activities Trust's object5 #5 listed in our scheme of regultion: The objects of the Tnt are the provision in commemoration of the reign of Kin8 George V. and for the benefit of the public= to help Scouts. Guidcs. and other young people. wially but not exclusively through leisure time activities. so as to develop their capabilities that they may grow lo fvll maturity as individuals and members of sociery: to promote the conservation, prote¢iion. and improvement of the physical and natural cnvironment of Bcaudcscrt Parklands; and to preserve the ruins of Beaudesert Hall, including a Walled Garden and other lan(L of historic and arcbitectural imtM)rthnce. Our Aims: To be filled with young people enjoying the outdoors and so developing as individuals and members of society: 2. To help visiting groups make best se of their lime ryth us: 3. To have appropriate. up 10 date. and safe buildings and facilities in gd repair: 4. To have a range of modern activities attractive to the rdnge of young people accessing our site, so they can all participate in adTrtnture' 5. To develop parklansts that are suitable foT young people to exploTe. and presenr historical f¢atures; 6. To preseThe the Old Hall making it structurally sound so that it will continue to staod and the public can visit and view it: 7. To bc financially secure so all maint¢n4DC¢ and d¢v¢lopm¢nt bc compl¢t¢d wh¢n required. Our Objectives and Strategy: l. Safe and secure: to providc thc lu"gh¢st stsndards of 5afcty in all p¢Cts of thc Charity's operdtions, including safeguarding, througb appropriate procedures. 2. Goi'ernance." to have strong charity governance by meeting all recommendations of the Charkty Commi&sioll and to be perceived as a well-nm clwity. 3. Visitor income: to grow income frorn visitor5 through widenitlg the range of visitors and use in quieter time5, Whil building a reputslion for & adv¢ntur¢, fri¢ndly s¢rYic¢, and clean facilities: ensuring ihc pricc wc chargc our visitors gencrdtcs sufficient iDcomc to mect the full costs of operating the siie. 4. Activities: to d¢liver high quality, recreational and adventurous aclivities that are fim at valu¢d by our visito[5 thToush invcstmcnt in activiiics and wcll traincd instructors. 5. Estte mintennee: to maintaiD and COer¥e our buildings and the parkland of Bcaudcscn as a saf¢ rwurce, by completing th¢ oneff maintenanc£ and then rnainlaining the site through budgeted expcndÈture. 6. Good employer: to ueate a working environment that attracts. retaS and enthuses higb calibre employees and volunte¢rs. and to d¢velop the tsl¢nts of OUT ¢mployees in line with Ihe needs of the Organisaiion. 7. Development plan: to PTovide an infrastr to delivergood quality residentia] facilities and a¢iiYiti¢$ in lin¢ with ¢ustomer expeclations. a1 discharges our duty to cons¢tve the Old Hall. 8. Fundraising: to rdise ndS to support our maintenance 4nd development plan. 9. Communication: to communicate and listen io our staff. volunteers & stakeholders on the challenges and succe&ses of Beaudesert, and so build support for the strategy of the Trust.
The Klng George V MemoriAI Scouts & Guidu R¢¢retioD&l LAnds (The Beaudesert Trust) RqMKt of theTr&qteu fortht)weThkn131' March 2W26{0)nt'd) Inger tem objective: This is encapsulated in our Development plan to Complete all outstsndxng maintenance aud refurbishments, invesl in new buildin&5 and aciivities io remain competitive, and dIharge our thity to mainlain the Old Hall: and also to ensure that ongoing income Can sustaill the main¢eDJnce and ¢omp¢titiveness of the site. The estimatrd cost of this plan is £2m, made up of Mxintenanee catch up (£250kl: Buildings (£1.0k): Activities (£31N)k),' Parklands (£2(K)k),' & Old Hall (£250k). The fijndq for this will come from Ihe at)nual financial surplus plus dedicated fundraising. Howcycr. our rcs¢rvcs W¢ d¢pl¢ted during th¢ Coronavinjs pandemic, and to be prcpar¢d for any futurc Cri5, wc need to rebuild reserves to 6 months. As investment in facilities now is irnrtant ft•r our visitors, we will contifjue knth to rcbuild reserves and invest at th¢ saTn¢ tim¢. Our pritt¢ip ¢ti*ities of the year: Public beDefit: Th¢ Tntee$ have discharged their duties with duc rcgard to thc Ctwity Comttllssion guidance on public benefit d¢tall h¢re= Voluttteen: Th¢ Tntst 15 committed io promoting volunteering opp)rEuniiies to provide a contribution in the form of general service and tDaint¢nanfj¢. Wistall at specific events. and volunteering in the shop. Friends of Beaudesert: The Friends of Beaudesert is an organisation that is open to the public. it encompasses the local community. volwit¢er5 and supportU5.
The King George V Memorial Scouts & Cuides Recreation La•ds (The Beaudesert Trust) R40fTnl$IS hrtheytaraMtrA131stM4n 2026 (u¥rt'd) 5. Achievements perfonnxllte Summary We have continued lo succthstully Ikliver an outd(M)r advcnture to our visitors through high- quality services. W¢ rontinu¢ to b¢ oFn for and lo r¢cciv¢ Nrysits from a ryd¢ rdnge of youth orgam5ations from both the West Midlan(ts and funher afield. The feedback we re£eive from visitor5 show5 the benefit of our Work. particularly to those from di5advanta8ed or Ittr city backgrounds where adventure and activiti&s in a nannl enviromn¢nt is su¢h a benefit for them. The 202415 financia] year gave us significant challenges Including the Ioss of a major contracl and we pri>du¢¢d a d¢firil of £135.402. In 202415 we made significant clwige5 to our operdtions and our leam and these were in place and produced benefits in 202516. In the 202516 fwRncial year we gained 2 significant contracts from the return of th¢ warwicksh1 King's Trust and an Advcnturcs Away From Hom¢ ¢(yntract. This income and Ihe cost safvings from $tll1n produced a very welcome surplus of £21.162 after charging depreciation of £33.514. There is a significant long terni challenge for the site lo mainlain its aging buildings; this year we sutTered Irom a roof collapse io our toilet block and the indoor rifle rdnge is now out of use. This is the fiftb roof or fl)r collapse in the l&st 10 yeaTS. Many of our buildings have been adapted as best we can to provide the indoor accommodation now required by the majority of our visitor5. albeil at a very basic standard. Repairing existing buildings and inSlI1g modern facilities in lin¢ with visitors eX[ctionS is a signÉficant financial chall¢ngc for the site. As reported last year, 14 other outdoor centr¢s have ¢los¢d in the l&st three years and many cite this challenge as the reason for ¢losure. Objectivej: lllcome: we have seen a small growth in our ongoing incL)me. Alongside this, part way through th¢ y¢ar. w¢ rcgaincd thc King'5 Trust contract. In additio wc achicv¢d an Adventurcs Away from Home COntt to provid¢ for outhKJr activity and ov¢might visits for children from areas of depriN'ation or disabled. We are investing in a beller sales and marketing approath with the recruitmeni of experienced staff and guided by some new experieneed Trustees. Part of this approach is lo ensure we w¢lcom¢ a wid¢ variW of groups to ¢xp¢ri¢nce our wonderfvl site. Safety: We maintsin a strong management of safety within the Tn( meeting all our staiutory safety obligations. We contract an external health and safety auditor to audit our praetires and upjate our poli¢i¢s. to meet ixst pra¢tÈc¢. W¢ also ¢ontra¢t an external adventurous &¢tivity advisor who audits our practices. trai our staff and provides advice when needed to eU[e we cary out adventurous activities safely. IDvestmeDt: Due to restrictions on available fund& we have only managed to invest iti the site where it was absolutely necessary or where we received grants. RelatioDship with employees: w¢ work with a manamnt t¢am of thc Owations and Deputy Op¢ratkons Manager, Sale5 and Marketing Manager, Activity Manager. Catering Manager, and team m¢rnbcrs who d¢liver the programmc and activities for our visitors. This includes both freelance staff for peak limes and apprentices. We aim to fos a positive relatiODship with all our staff.
The King George V memori Scouts & Guides Recreational Lands (The Beayde5ert Trnst) RqknrftrTnoees f(rlheyeareThled31st Mar¢b I)26{lt'd) Objectives (Cont'd): Aetivity Centre Registration: AA LOTC. BAPA: we are licensed by Advenwre Activities Licensing Scheme, wkn'ch inspects Ihe safety management systern for providers of adventure aciiviiies io young >ple under the age ol18_ We mainlained recognition for Learning outside the Cla55fooTT] and with BTit15h Activity ProYideT5 AkCIation. Fundrising: Th¢ Try¢ has b¢en octive in fundraising in the following manner: l. We apply to grdnt makillg bodi¢s as possible liDk¢d to our D¢v¢lopm¢nt plan. 2. A professional fimdraiser has not been used. 3. Fundraising is monitored by the Management & Finance committee and reported to the Exccuiivc. 4. No complaints bave bttn received regarthng fundr"Su. 5. The only approach to the public for fiujdraising has In donatioA8 from the members of Friends of Beaudes¢n. No undue pressure has been applied io those members. 6. Financi41 revie Income from artivities: Income for ihe year was £607.585 12025: £572,261) a 6fy/0 incr¢asc with the support of our rebooknng visitors, the rcturn of The King's Tn1 Wanvickshire ai the stan of 2026 and contr8CÉ from Advcnturcs Away From Hom¢. Co$t5- We contlDue to review and control operating costs which amounted to £614.624 (2025.. £725.867). Restrncrnrin8 of our Eeam, finalising our complaints with our water meier and implementing cost cuning efficiencies has accounted for the cosi reductions this year. We ¢ontinue to estimate a minimum of £25K pa will be needed for the for¢s¢¢abl¢ fvttJr¢ to ensure esscntial one-off rcrAiT5 are complctcd in a timcly Tnanncr. ExpcricDCC ha5 shown that thib is often higber. This h&$ been the in the 25126 year. No Tnlee$ are pai4 and DO employee earned over £00,1 p& Surplus: Wtth an increase in visitor fees and donations and a reduction in costs we achieved a surplus of £21.162. Taking into account dcprcciation of £33.514 thtte was an oveTall surplus of £54,676. Current year: We anticipate visitor numbers to be similar to those of 25126 as we continue to receive SitiVe feedback and strong rebooking. With our new Sales and Marketing team we are also looking at )t¢nltal ncw funding and a¢tivities. With coniinuing to be tightly ¢ontroll¢d w¢ projc¢t a small SUTpIu8 next year.
Tbe Klug Georgt V Memorl•l S¢outs & Guldes Re¢reAdonAI iAnd$ frhe Bexudesert Trns¢) RqMWtofthe Trugt&s forthe)wetyJtd310M#rcb 21126 (Lwt'd) Net assets: The Net Asset position at 31 Y March 2026 w&s represented by the following main items.. Tan8ible alS after revaluaiion in 2019 have a Caying valu¢ this year of £l,M9,815 (2025". £I.466,958). During the year £16.371 was incurred on Dew fixed assets and the depreciation ¢harge was £33,514. Debtors increased by £25.675 from £12.147 in 2025. Cash ai bank and in hand of £44,614 (2025= £5,359). Cr¢ditors falling du¢ within one year of £151.563 are up on thc figure for previous year by £32282. Cwditors ovcr ODC year arc all for th¢ Bouncc Back Loan wkn.ch wdl be rcpaid ovcr 9 years from F¢b 2022. Reserveg Policy: The Trustees have estsblighed a lIcY that the free Teserves of the Charity, should be beeen four and nine months of opcrattng costs, which Providcs sufficient fijnds for the charity to survive a significant drop in fimding, or business intemiption. Future reserves will be starting from a balance of negative funds of £64,363 held at 31st March 2026 (2025.. negative £101.171). Ittvestment Policy: Apart from retaining a PTudent 8mourtt in reqerv&s each year. most of the Charity's funds are speni in the shon tenn, so ihere are few fimds available for IoT]g-tcrni investment. Having cot)sidered several opiions availablc. it was dcCId to inv¢s1 any fimds not r¢quird thort tCTm in a low risk commercial bank d¢tM)5it aollnt. Th¢ TnLSt¢¢s ¢ontinu¢ to r¢vi¢w th¢ Charity's invcstmeni policy annually. lllternal controls: An annual budgei approved by the TnLStees: Appropriate delegation of authority and segregation of duties. Privxte benefit: Thc Twst confims that Tt drts noi prode any benefit io private individuals with the exceptions of payment for liabiliry insurance M'hich bas been authoTised by the Charity Commission in a scheme dated ioth February 2IMM. Th¢ Tru$tee5' report ws pproved by the Execlltlve on 8th July 2026 and slgned on thetr behalf by".- Mr J D Cotton Chairnian Mrs E Gumb
Independent Examiner's Report to the Trnstees of The Kiog George V Memorial Scouts & Guides Re£reatioDal Lands fflie Beaudesert Trnst) I report to th¢ chan.ty tnLSteeb on my examination of th¢ accounts of the charity for the year 31. March 2026 which are set out ott pagcs 10 to l 8. Responsibilities and ba$i5 of repbrt As tbe chaTity's tnL8tees you are respottsible for the preparation of tbe accounts in with the requirements of the ChaTities Aci 2011 ('the Act.). I rcw>rt in rcsP(xt of my examinaiion of the charity'5 accounts carricd out under se¢tion 145 of the Act and in ¢anying out my examination I have followcd all the applicable Direction5 given by th¢ Charity Commission under section 145{5Mb) of the Act. Independent eiamlner's statemeut Since the charity's ws8 incom¢ cxccedcd £250,(KKI your examititt must k a member of a IM)dy listed in section 145 of the Act. I confirni that J am qualified to und¢rt3ke the examination because l am a member of The Institute of Chartered Accountants in England & IAYalts, whilh is one ofthe listed bodies. I have completed my examiELation. l ¢onfirni thal no material matteTS have Gom¢ to my attention in connection with the examination giving me caus¢ to believe that in any material respect.. a¢¢owiling rc(ord5 wcrc not kept in respect of the cbaTiry Ls requircd by section 130 of the Act. or 2. the accounts do nol accord Wlth those recor(Ls I have no conc¢rns and have comPoss DO Other matters in connection with the examination to which attenlion should be tha this teportArforder to enable a proper Understanding of the accounts to be reached. ChaTter Court 2 Well House Barns Chester Road Bretton Chcster CH4 ODH Andrew J Bradshaw Forand khalf of B Chartered Accountsnts ws Limite 8th July 2D26
Tbe King George V memori Scouts & Guldes Recreational Lands (The Beaudesert Trust) sTATEMEr OF FINANCIAL ACTIVITIFS ror the year endiog 31. March 2026 2026 2025 Note Unre5trictsd Reurletrd Totsl UnT¢5trictrd Restn"cted Fund5 Tots] Incoming from: DonatsoDS and gifts 278 27521 27.799 10,795 17,695 Charitable Activtties fA>7585 (rf17,585 572,261 572.261 Investment Income 402 402 509 Total Incoming A)8 27 583 565 Expenditsre on: Charitable artivities fAM)256 14,368 614,624 722,622 3245 725,867 Total Expenditure fAX¥256 14.368 614,624 722.622 3245 725.867 Net iti¢ome CIains on Tevaluation of assets 13.153 21.162 (139,057) 3.655 {135,402) Net movement in funds 13,153 21,162 (139,057) 3,655 (135,402) Reeoneijigtion of Funds Fund balallc¢s brougbi f(vard at 1° April 2025 lJ51.097 19,853 1 J70,950 1,490,154 16,198 1,506.352 Fund b&teS carried forw1 at 31° M4reh 2026 13 The notes on pages 13 to 18 fonn part ofihese fiD*n¢ixI xtstemenL 10
The Klng George V Memorijl Scouts & Cffuida Retrtxtioll Lands (The Begudesert Trust) BALACE SHEET as at 31" March 2026 2026 2025 Notes Fixed gMets Tangibl¢ &ss¢ts 1.449.815 1,466,958 Current assets Stock Debtors Cash at bank and in hand 11.905 60,023 44.614 10.905 34254 5.359 10 Current liabilities Creditors.. Amounts falling du¢ within on¢ yegr 151563 118281 Net curreDI wets Total AS less current liabilities 1.414.794 1.399.195 CreAitor5'. Amounts due iti more than one year 12 (22,682) (28.245) Net assets lJ92,112 1,370,950 Represellted by: Chxrity FuDds 18 Unrestricted fi]nd - General Fund - 13 includes revaluation reserye of £768256 (2025.. £784,628). 33,(K 19,853 IJ59.106 1.351.097 .392.112 1,370,950 The fillattci ytattmtnts were approved by the Trustees on V July 2026 8Dd sied OD th¢Sr behf by:_ J¢r¢my Cotttyl DL Elsp¢th Gumb The notes on pages 13 to 18 fom pxrt of these finana81 s¢*tewents
The King George V Memorial Stouts & Guides Retreational Lands (The Beaudesert Trnst) STATEMENT OF CASH FLOWS S 4t 31" March 2026 2026 2025 Note5 Recollci]ixtion of operating surplus to llet inflow from charitabk adiviti¢5 Operating surplu5 Restric(ed .. Unrestricted 13,153 3,655 (19,409) (152.191) Depreciation 33.514 31.878 Movement in Tvorking capital (Incr¢as¢) I d¢Cr¢ in Stocks (Increase) I decre in debtors IThcrcasc / {dccrcasc} in crcth'tors DqM)sits on fu¢ courses (1,0} (25.769) 21,483 11,662 1.885 520 124,687) (12,645) et cash inlloTV from ¢baritable ¢tivitie5 33,634 (151,585} Net cBsh it0T¥ from ¢hAritsble actilIeS 33,634 (151.585} Investment in¢ome & donations Returns on inv¢stments and servicing of fina¢ Donations Bounce Back Loan Interest payable 402 27,799 (5.426) (783) 509 17,695 (5.295) (914) Appliction of funds Capital Expendiiure (16,371) (11,005) 39255 {150,595) RKonriliation of ca5b flow lo movun¢nl in fuTkd5 Decrease I 1llcree ID c*sb in the year N¢t bank position I" April 2025 5,359 155.954 N¢t bank position 31° Mar¢h 2026 io M,614 5.359 12
Tbe King George V memori Stouts & Guides Reereationat Lands (rhe Beaudesert Tru51) NOTES TO THE FII¥ANCIAL STATEMEiYts For the year ended 31 March 2026 A¢¢ountin8 pdi¢ies Ba515 of preparation and a55e55menl of going conttrn The accounts (fmancial atementS) have been Prepar under the historical cost convention with items rec£sgnised ai cost or transaction value Ltnless otherwise stated in the relevant notes to these a¢¢ounts. Th¢ finon¢ial stat¢m¢nts hav¢ been pr¢par¢d in accordan¢e with the Stom¢nt of Recommended Praciice: Accounting and RerM)rting by Charities prcparing their accounts in accordance w'ith the SORP 2019 Financial Reporting Standard applicable in ihe LK and Republic of Ireland {FRS 102) 0ri8inally issued in July 2014 aod the Financial Reporttng Standard applicable in the Uniled Kgdorn atMI Republic of Ireland (FRS 102) and the Chanties Act 2011. Th¢ ¢orostiwt¢s a public incr11 cntity as defined by FRS 102. The Ttte5 eonsider that there arc no uncertainties aknut thc Trnst's ability to continue a going conc£rn ovcr the next twelve months. Depreciation All the fix¢d &5s¢ts are used forthe direct furtherance of the Charttys acli¥ryties. Deprectatton is calculated to WTite off the costs of tanble fixed over their expected usefi cconomtc livcs Ing th¢ followiDg rntrs:" Freebold builditw- 20/fj ptt annum straigbt line F4uipment- IIP/o p¢r annum straigbt line TnleeS have reflected in these Financial Accounts a valuation of the inalienable asset of the land. An estimat valuation of £850,(KK> has be placed on thi.s land following the vaiualion in December 2019 by Boot & Son. Fund aeeounting Gcnerai funds arc unrestridcd fwKL% which are Available for usc at the discretion of th¢ ffiistees in furtherance of the general objectsves of the Charity and which hav¢ not b¢¢n d¢signat¢d for other purposes. Designated funds ¢ompnse unTestricted fimds that have been set aside by the tsIL8tceg for particular purposes. The aim and use of each designat&l fund is soUt in the to the financial SMentS. R¢stri¢t¢d funds a funds which are to be Sed in accordance with specific restrictions imposed by donoT5 or which hav¢ l)¢¢n raisd by th¢ Charity for particular pUrseS. The cost of raising and admni<terin8 uch ndS a ¢haYged #Ing1 the gr¢ific fid. The aim and uAe of each restricted fund is set out in the notes to the fmancial sratements. ltheomitig resources All incoming resources are included in the SOFA when the CTharity is Icg3lly entitled to the income and the amount can be quantified with reasonable accurdcy. For legacies. enlitlement is the earlier of the Charity b¢ing notified of an impending distribuiion or the legacy being received. Gifts in kind donatrd for distribution are included at valuaiion and recognised as income when they are distribut¢d to the proje¢ts. Gifts donaied for resale ar¢ included as income when they are sol Donated facilities are included at the value to the CharÈry where this can quantified and a thtrd party is bearing the cost. No amounts arc included in the financial statcmcnts for services donated by volunteers. All grants are accounied for gross when receivable. Grants payable are recognised as expenditure when the commitment is entered llrto. 13
Tbe King Ceor¥e Tr Memorial Scouts & Guides RecreAtioDai Lands (rhe Beaude5ert Trust) NOTES TO THE FINANCIAL STATEMENTS (collt'd) For the yr ended 31° Marcb 2026 Accounting pojieies (cont'd) Resources expended All ¢xp¢nditur¢ is account¢d for OD an accruals b&sis and h&$ been cl&8sified ullder headings that aggrcgatc all costs relat io thc catcgory. Where costs be dir¢¢tly allributcd to particulat headings they bave been allated io activities on a basis consistent with use of the resources. Fundraistng costs tIK>5e incurred in seeking voluntary contributions and do noi include the costs of disseminating inforniation in support of the charitable activities. Supp)rt Costs are those cos15 incurrcd directly in support of ¢XnditUr¢ on th¢ objcrts gf thc Charity and in¢ludc proj¢¢t managcmcnt. MaDagcmeDt and admirristi0n costs are those in¢urr¢d in connection with adMitration of the Cbarity and compliance with coli1ut10nal and statutory requirements. Stocks Stocks are valued ai the lower of CO and Tt reali5able v8h, after making due allowance for obsoleie and slow moving items. PenSiOD Contributions to defll)ed contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contribulioTL8 are recogni8¢d as an asset io the extem that the prepawient will lead to a rcduction in fij¢ payments or a cash rcfvn 21)20 Funds FwJ(ts 2025 Donatiolls and gift5 Donati0Tr5 Gift Aid 278 27,521 27,799 10,795 17,695 Unrestrltted Restricled Totsl UnTe8tricd Restrieied Totsl 2025 2026 Funds Fun(ts B#nk intsrest 402 402 509 509 4102 402 509 14
Tbe King George V Memorial Scouts & Guides RerreatioDAi Lands {The Beaud¢5ert Trust) NOTES TO THE FINANCIAL STATEMEliTS (v)nt'd) For the year ended 31" Marcb 2026 In¢ome of ¢he Trns¢ Total 2025 Fwmts Funds 21126 Fees, Facilities and Activtttes Other income {15.585 605,585 570,082 2.179 570,082 2,179 5 Chri¢ble artivities UDrestricted Restri Total Unrestricbl Restricted Fun 2026 Funds Total 2025 Sttff costs and light Rcpairs and rcncwals Activity cxpcnscs Esthte management Rat¢S and water Tclq)honc w and slationery Rdail and Catering costs Insurance Travel and subsist¢ft¢¢ Depreciation Legal and prof¢ssional f¢¢s Independent examiners fees Other costs Bank charges Loan Intere 285,930 44.242 54,146 75.723 8.477 285,930 44242 54,146 85.375 8.477 4(Ml.329 58,724 23,871 75.110 16.981 18,332 2.303 400,329 58.724 23,871 75,110 17.147 18,332 2,303 9,652 1,378 1.378 46,812 28216 46,812 28216 48,063 26,680 264 28,799 11,112 2.553 5,689 2,898 914 48,063 26,680 264 31.878 11,112 2.553 5,689 1898 914 211.79¥ 10.493 2,570 4.716 33.514 10.493 2,570 6.848 2,116 783 3.079 2,116 783 Staff numbers and costs and health & safery. The tota] employee benefits ofthe key management perne1 ofthe TTUSt were £52,905 12025: £72284). No employee of the charity recei•/ed emoluments of more than £60,1th (2025: none). txmng th¢ year the average monthly head count was 23 employees (2025.. 23). The $ts tothe Chan'tyw¢re'. 2026 265.032 14,788 6,110 2025 372.371 18,531 9,426 Wages and salari¢s Social security costs Pe10 costs 15
The King George V Memorial Scouts & Guides Re£re*tiottal LaDds (The Btaudesert Trnst) NOTES TO THE FINNcIAL STATEMEliTS (cottt'd) For the yvAr ended 3111 Marth 2026 Trystees, remuneration and expenses None of th¢ T¢ustees received any remunerdtion for scrvicc5 to th¢ Expenses incurred by Trustees on beha]f ofthe T1 We often gfted io the TnL%L Tangible Ilxed Sets Freehold IAnd and buildings Plant and Equipmettt Total Cost or waltiOn At I. April 2025 Addition5 I,5,757 333,310 16.371 1.840,067 16,371 As at 31" March 2026 1506 757 856438 DepreciatioD At 1° April 2025 106.433 266,676 373.109 Charge for the year 20201 13,313 33.514 At 31 st March 2026 126634 279 989 406 623 Net book value At 3 1st March 2026 1.380.123 69.692 1.449,815 At 3 1st Mar¢h 2025 1.4(KiJ24 66.634 1,466.958 In ord¢r to COTnply with the provisions of the SORP 2019 Accounting a1 Rep)rting by Charities {FRS 102} the Trustees have reflected in these Finatt¢ial A¢¢ounts a valualion of the land and buildings. In December 2019 the groun(Ls and buildin8s of the tr1 were revalued on an open market basis valuatioft at £1.5m Ibefore the demolition of the Chapel) by Boot & Son, Ind¢pend¢nt Chartered Surveyors. of Cannock. Staffs. Th¢ historical cost of the land and buildings (included in the fthancial stalcrn¢nts at valuation) is £73I.74512025.. £715.374). ThÈs F¢presents th¢ costs irlcurrcd by the charity since the landg were donaied to it and no cost is atiributed io the Orinal lands. 16
The King George V Memorial S¢oyts & Guides Recrtstion Lands fflbe Beaudesert Trust) NOTES TO THE FIliANCIAL STATEMENTS (¢ont'd) For the year ended 31 March 2026 Debtors 2026 2025 Trad¢ d¢btors Prepanents 37.822 12,147 io C•sh it bnk *Dd in hand 2026 2025 Bank accounts li Crediton- xmounls falliDg due witbin one year 2026 2025 Trade rr¢th"to Taxation & &Kial Security Deposit for future activiti&8 Accruals B(Kmcc Back Loan 4.923 14,902 83,165 9,865 18.621 94,827 29,485 151563 118281 12 Creditors- amounts f]2 dy¢ more than one year 2026 2025 Bowice Back Loan 28 13 Analysis of net assels between funds Unrestrieted Resttlrted Funds Fund5 Total Fund$ Fund ba]anc£s at 31° March 2026 Tangible red &ss¢ts Current a Lcss Current h'abiliti¢s Less.. Creditors due in more than l year 1,423.469 109.882 (151.563) (22,682) 26.346 1.449.815 116.542 (151,563} (22,682) 1359 106 1392112 14 Capital commi¢meDts Ther¢ were no capitsl comnuttnents allthori contracted for at the year4n Is Tax%tioD The Charity is exeTnPt from taxation on any income or capital gaiiis. 17
The Klng George V Memorial Seouts & CuSdes RecrutioMl Lands (rbe Beludesert Trnsi) NOTES TO THE FINAfCL4L STATEME.YTS {coDt'd) For the year ended 3111 2026 16 Financi InstrumeDt In ordcrw fillancc thcir workmg capithl requirements. the Charity hadTec¢ivcd a loan from its BaDk through th¢ Bounce Back Loan scheme. The Bank agreed that the10on will be interest beanng. The loan is r0g[Sed in the Charity's Balance Sheet as a ¢r¢ditor du¢ within and after l year. Under Section I l of FRS 102 this will be the present value of the cash payable to the Bank. 17 Control The Chariry is under the control of the TnLsiees. 18 Restricted funds Opetiitig BxE*n¢e 14et Incoming Re50urce5 Transfers Closing BalAnee Cal Day knchery Range Climbing Wall Rcception Renovations Grdss Sledging Guide House Tented Village Park Eqtsipm¢nt CCTV BuÈlding Equipmcnt Pcdal Carts History Boards Kitchen Equipment Plant and Machinery Sp¢cific Grants uulis¢d in thc ycar (1.000) (5171 (1.797) (63) (260) (70) (890) (100) (650) (240) 180) (1.081) (loo) 1.883 4.763 124 1,616 560 1.366 4,091 61 1,356 490 7,056 500 1.650 2,431 560 9.745 900 1,800 1.125 4.500 2,3 1.921 750 10.826 1,000 1,800 7.520 (7.520) Restrkted funds Most of thc funds received bave been expendedon capital projects wh¢r¢ th¢y ar¢ bcing d¢PClated over a ten year perio¢L 18
BEAUDESERT 19J7 Trustees, Report and Financial Statements for the year ended 31st March 2026 The King George V Memorial Scouts & Guides Recreatlon Lands (The Beaudesert Trust) 2025126 Charity Number 522603
The King Ceorge V Mernorial Scouts & Guides Retreation Lands (rhe Beaudesert Trnst) Financial Accounts for Ihe year ended 31- March 2026 Annual Report & Accounts 2025-2I126 The Tnte¢S present their 8Tr Annual Report for the year ended 31° Mh 2026. The fmancial statements have Tren prepared in accordance with the Statement of Recommended Pwtirc.. Accounting and Rcporting by Charitics prqjaring th¢ir x¢ounts in ¥cordan¢e with th¢ SORP 2019 Financial RertIng Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reponing Stsndard applicable in the United Kingdom and Republic of Ireland IFRS 102) atMI the Charittes Art 2011.
The KSng Ceorge V Memorial Scouts & Guides Rreational LaDd$ (rbe Beaudesert Trnst) Index: Pa Trustees, Report J. Reference inforniation for the ¢haTiry 2. Statrmcnt of TnLSl¢CS' r¢sponsibililies 3. Strncture, goi¥emance and markagement 4. Objectives & activities S. Achievements and IrfOrManCe 6. Financial review Independettt Examiner's Report Statement of Financial Activitie5 10 Balanee Sbeet Statemellt of flows 12 Notes to the Flnanclai StatemeDts 13- 18
The King George V Mtmor(l Scouts & Guldes ReertAtIOn Lands (rhe Beaudesert Trnst) TRUSTEES, REPORT The TnleeS present their annual rert and the financi statsm for the year ended 31. March 2026. l. RefereDte and adminbtrtion details: Thc King G¢org¢ V Mcmoriai Scouts & Guide5 Recreational Lands, has a working title of The Beaudesen Trust. and Is marketed as Beaudesert OutdiK>r Acttvity Celltre. Registered Chariry Number.. 522603 Address.. Beaudesert PaTk, Cannock Worf Rugel¢y. Staffordshire WS15 4JJ Tel= 01543 682278, Email: admin bcaudcsen.or W¢bsitc'. www.b¢audescrt.or . Trustees and Officers ofthe charity: Ex4)fficio Trustees: Th¢ Lord Li¢utenJnt of the County of StstToTdshire: Prof. E Barnes LL. CBE The Chairnian of the County Council of Staffonlshirc: Cllr. Mr P Williams The Chairnian of th¢ Staffordshire Branch of CPRE.. Mr. M Khuram Resigned 2710312026 Mrs S Cooke Appoinied 2710312026 MTS. T Chamberlain. Mr. R Williams. Mrs. K Belcher ' Ms L "£hardson ' and J Steel * The Guide County Commi&sioncr for Stsffordshire: The Scoui Lead Voluntecr for StaffoTdshire: The Guide County Commi&sioncr for Wcst Mtrcia The Scout Lead Volunteer for West Mercia". Elected Trn$t¢es: Mr. J Dcotton DL * Mrs. E Gutnb• Chairnian Treasurer Mr. D Phillips. Mr. T Hague. Mr. L Bird• Mr. Tr4 Lovett. Mr C Benbow. Appointed 1611112025 Operations ManA2er: Mr M Kirby. Eie¢ytive Committee". all members of the Executive Committee are Identifi with an
The King George V Memorial Scouts & Guides Recretion41 L#Dd$ (rhe Bexudesert Trust) RqxwtofdTnkn Arthe)woThkn131' Mareh (0)nt. Professional Advi50r5: Bankers.. Soli¢Ito- HSBC Plc, 53 Anchor Ro& Aldridge. West Midlands. WS9 9AD Ansons, St Mary's Chamber5, 5-7 BTeadmark¢t Str¢¢t, LIGhfi¢ld, Siallordshire. WS13 6LQ Independent Examiners.. Brddshaws Lt4 Charter CourL 2 Well HOe Barns Ch¢sr Roa Bretton, Chestrr CH4 ODH Chartered Surveyors.. Bt & SOD, 19 Wolverhampton Rorf Cannock. Staffordshire, WSI I Insurance Brokers: Unity Insurance Service4 Lancing BSIneSS Parl Lancing, Sussex. BN15 SUG 2. Statement of Trustees responsTbilities Th¢ Trust¢cs are responsiblc forprcparing the Tr{e¢s. Ann Rew and the Financial Statements in accordance with applicabl¢ law. and United Kingdom Accounting SwKlarth (Unid Kingdom Generally Accepted Accounting Practice). The law applicable io charities in England & Wales requres the Trustees io prepare financial statem¢Dts for each finan¢ial year which give a tru¢ and fair view of the sut¢ of affairs of the charity d of the incoming rcsourc£s and application of Tesourees of the chan.ty forth#t pcriod. In prqyaring thcs¢ finaDrial statcm¢nts, the trustees are requiTed to: select suitsble accouniing policias and then apply them consistently. observe the metbods and principles in the clwi.ties SORP 2019 {FRS 102); make judgements and estimatrs that are re&sonable and prudcnL stsie whether applicable accounting standards have been followe4 subject to any material departurcs disclosed and cxplained in the financial statements. prepare the financial statements on the going COern basis unless il is inappropriaie to presuule that the cl]arity wRll contitiue in opaation. The Trustees are resw)nsible for keeping proper accounting records that disclose with Teasonable accuracy al any time the financial position of the Clwity 4nd enabl¢ thcm to Ure that th¢ financial S121emeniS ¢omply with th¢ ChAriiies Aci 2011. the Chariry (AccounLS and Reports) RegulAiions 2(K)8 and the proTrisions of the tnLSt deed. They are also responsible for safeguarding the &ss¢ts of th¢ charity and henrc for thkins reasonable 51cps for thc prcv¢ntion and dctcciion of fraud and othcr iTr¢gulariti¢s. 3. Structure. 2overn4nce, nd man8eTnenl Scheme oCreguiatlOD: Thc Trust oFern¢¢% under a Scheme of Rcguiath"on datmg from 6 January 1939, amended 4 March 1977 &s affected by fither Schemes dated IO. February 2(MM and I P November 2009. Governattee: The 'fnst adopts guidance from the Charity CommissioD as il is issu including the Charity Govcrnanc¢ Codc issued ID Scptcmber 2017, and thc Clwitics Act 2022. Govcrnancc, poltcies, and strategy are reviewed annually at our Trustee away day.
The King George I, Mernorial Scouts & Gulde5 ReereationAI Lands (The Bexudesert Trust) Organistional structure: Governing Body: The appointcd and electrd TnLStees of the chRty arc rC5)nSIble for the oi'erall control of the Trust. Eitcutive Committee: The tDembeTS of the Ex¥xutivc Committee are responsible for the governance 2nd management of the Tn1 throughout the year. including approval of the budget and business plan.. for Setting strate8ic direction. and for finalisation of the accouTtts and Trnslees, report for approval by the Annual Meeting of the Board of Trustces. M4n¥gement and Finance Su0mIttee. The Management and Finance Committee Is responsible for approving the budget and any expenditure outside the budgei: reviewing the pcrforn]anc¢ of th¢ TnLSi quancrly. approval of d#isiotL8 with a significant impact OD budg¢1 delivery: and reviewing all signifiGqnt tme1 issues ajjd Tn8n#g¢rial r¢¢rnitment. Sales And Marketing lutcomMIttee is fnsible for managing Sales and Marketing and so growing the number of visitors and incom¢ for the site- & also respO81b]e for ¢xt¢rnal relalions. Operational maDagemeDt: Thc olatiOnal D)anagemcnt of thc Trust is th¢ restx)nsibility of the Centre Manager and hi5 Man¢M¢t am. RecrnitmeD4 ppoiDtment and training of Truslees: The Charkty'5 ¢l¢¢ted TnL8iees are appointd at the Annual Meeting of the Tntst on th¢ bLsis of nominations rcccived from the Executive CoEwnitt¢¢. The lIcY on recruiting Trustccs was revicwcd in swember 2017 and the Executivc dcmined th* it should have a minimum of10 mcmb¢T5 with the appropriaie rdnge of ski115 to manag¢ the Trus(. and that Executiic mcTnbers have a temi of smicc of 4 years, renewable once: with a t¢rni of smllce for Chairn1gn and Treasurer of 5 years, rcncwablc i)Dce. Our nomIrll0n proccdur¢ is ts) advertise openly for Trustees and then the applI&[S are interviewed by thc Exccutive ts) see wbo bas the skills and knoWIg¢ required. Successfijl applicants are co-opted on to the Executive Committee, and proposed for election at the AGM. New TTUStees are inducted into the role of the TTUSt¢¢ and the Trust's obJtiVes, procedures. and busin¢ss plan by the Chainnan. Related parties: Beaudesert is a stand_alone charity with no Telated parties, which shares its objectives. However, it works closely with tts visitors including I1 S¢outs and Gukdes, whose 4 County Commissioner5 and L£ad Voluni¢¢rs are Ex-officio Tntsiecs. Risk Management: The major risks faced by the TnLSt have been identified and assessed by th¢ Executive Committee, and syst¢rns and procedures estsblished to nwha8¢ the risks. The key controls used by the Chariry include.. skill$ audit of thc Ex¢¢utiv¢ Linked to TThtee TecnJltnnt. ternis of reference. fornRI agend and mioutes for all Committees. fonnal written polictes; conflict of interesi review at the start of a]1 Goveman¢¢ meetings; comprehensive strategic planning, &8set managemenL budgctiDg & accounting. estsblished organisalional StruCtt and lines of re1Ing. lear authorisatson and approval levels" h. fU]C1a1 management and review through the Management & Financ¢ Commilt¢¢' vetting procedures for TrustCCS, Staff or volunteers including DBS wherc rclevant. the completion of a comprthcDsive risk register. review annually at our away day.
Th¢ Klng George V Memorlal Scouts & Guldes Re¢rMdonJ Lands (rhe Beude5ert Trust) Rert of theTnLrtea the)wonded310Marcb 21126 (cont'dl 4. Objectivey & Activities Trust's object5 #5 listed in our scheme of regultion: The objects of the Tnt are the provision in commemoration of the reign of Kin8 George V. and for the benefit of the public= to help Scouts. Guidcs. and other young people. wially but not exclusively through leisure time activities. so as to develop their capabilities that they may grow lo fvll maturity as individuals and members of sociery: to promote the conservation, prote¢iion. and improvement of the physical and natural cnvironment of Bcaudcscrt Parklands; and to preserve the ruins of Beaudesert Hall, including a Walled Garden and other lan(L of historic and arcbitectural imtM)rthnce. Our Aims: To be filled with young people enjoying the outdoors and so developing as individuals and members of society: 2. To help visiting groups make best se of their lime ryth us: 3. To have appropriate. up 10 date. and safe buildings and facilities in gd repair: 4. To have a range of modern activities attractive to the rdnge of young people accessing our site, so they can all participate in adTrtnture' 5. To develop parklansts that are suitable foT young people to exploTe. and presenr historical f¢atures; 6. To preseThe the Old Hall making it structurally sound so that it will continue to staod and the public can visit and view it: 7. To bc financially secure so all maint¢n4DC¢ and d¢v¢lopm¢nt bc compl¢t¢d wh¢n required. Our Objectives and Strategy: l. Safe and secure: to providc thc lu"gh¢st stsndards of 5afcty in all p¢Cts of thc Charity's operdtions, including safeguarding, througb appropriate procedures. 2. Goi'ernance." to have strong charity governance by meeting all recommendations of the Charkty Commi&sioll and to be perceived as a well-nm clwity. 3. Visitor income: to grow income frorn visitor5 through widenitlg the range of visitors and use in quieter time5, Whil building a reputslion for & adv¢ntur¢, fri¢ndly s¢rYic¢, and clean facilities: ensuring ihc pricc wc chargc our visitors gencrdtcs sufficient iDcomc to mect the full costs of operating the siie. 4. Activities: to d¢liver high quality, recreational and adventurous aclivities that are fim at valu¢d by our visito[5 thToush invcstmcnt in activiiics and wcll traincd instructors. 5. Estte mintennee: to maintaiD and COer¥e our buildings and the parkland of Bcaudcscn as a saf¢ rwurce, by completing th¢ oneff maintenanc£ and then rnainlaining the site through budgeted expcndÈture. 6. Good employer: to ueate a working environment that attracts. retaS and enthuses higb calibre employees and volunte¢rs. and to d¢velop the tsl¢nts of OUT ¢mployees in line with Ihe needs of the Organisaiion. 7. Development plan: to PTovide an infrastr to delivergood quality residentia] facilities and a¢iiYiti¢$ in lin¢ with ¢ustomer expeclations. a1 discharges our duty to cons¢tve the Old Hall. 8. Fundraising: to rdise ndS to support our maintenance 4nd development plan. 9. Communication: to communicate and listen io our staff. volunteers & stakeholders on the challenges and succe&ses of Beaudesert, and so build support for the strategy of the Trust.
The Klng George V MemoriAI Scouts & Guidu R¢¢retioD&l LAnds (The Beaudesert Trust) RqMKt of theTr&qteu fortht)weThkn131' March 2W26{0)nt'd) Inger tem objective: This is encapsulated in our Development plan to Complete all outstsndxng maintenance aud refurbishments, invesl in new buildin&5 and aciivities io remain competitive, and dIharge our thity to mainlain the Old Hall: and also to ensure that ongoing income Can sustaill the main¢eDJnce and ¢omp¢titiveness of the site. The estimatrd cost of this plan is £2m, made up of Mxintenanee catch up (£250kl: Buildings (£1.0k): Activities (£31N)k),' Parklands (£2(K)k),' & Old Hall (£250k). The fijndq for this will come from Ihe at)nual financial surplus plus dedicated fundraising. Howcycr. our rcs¢rvcs W¢ d¢pl¢ted during th¢ Coronavinjs pandemic, and to be prcpar¢d for any futurc Cri5, wc need to rebuild reserves to 6 months. As investment in facilities now is irnrtant ft•r our visitors, we will contifjue knth to rcbuild reserves and invest at th¢ saTn¢ tim¢. Our pritt¢ip ¢ti*ities of the year: Public beDefit: Th¢ Tntee$ have discharged their duties with duc rcgard to thc Ctwity Comttllssion guidance on public benefit d¢tall h¢re= Voluttteen: Th¢ Tntst 15 committed io promoting volunteering opp)rEuniiies to provide a contribution in the form of general service and tDaint¢nanfj¢. Wistall at specific events. and volunteering in the shop. Friends of Beaudesert: The Friends of Beaudesert is an organisation that is open to the public. it encompasses the local community. volwit¢er5 and supportU5.
The King George V Memorial Scouts & Cuides Recreation La•ds (The Beaudesert Trust) R40fTnl$IS hrtheytaraMtrA131stM4n 2026 (u¥rt'd) 5. Achievements perfonnxllte Summary We have continued lo succthstully Ikliver an outd(M)r advcnture to our visitors through high- quality services. W¢ rontinu¢ to b¢ oFn for and lo r¢cciv¢ Nrysits from a ryd¢ rdnge of youth orgam5ations from both the West Midlan(ts and funher afield. The feedback we re£eive from visitor5 show5 the benefit of our Work. particularly to those from di5advanta8ed or Ittr city backgrounds where adventure and activiti&s in a nannl enviromn¢nt is su¢h a benefit for them. The 202415 financia] year gave us significant challenges Including the Ioss of a major contracl and we pri>du¢¢d a d¢firil of £135.402. In 202415 we made significant clwige5 to our operdtions and our leam and these were in place and produced benefits in 202516. In the 202516 fwRncial year we gained 2 significant contracts from the return of th¢ warwicksh1 King's Trust and an Advcnturcs Away From Hom¢ ¢(yntract. This income and Ihe cost safvings from $tll1n produced a very welcome surplus of £21.162 after charging depreciation of £33.514. There is a significant long terni challenge for the site lo mainlain its aging buildings; this year we sutTered Irom a roof collapse io our toilet block and the indoor rifle rdnge is now out of use. This is the fiftb roof or fl)r collapse in the l&st 10 yeaTS. Many of our buildings have been adapted as best we can to provide the indoor accommodation now required by the majority of our visitor5. albeil at a very basic standard. Repairing existing buildings and inSlI1g modern facilities in lin¢ with visitors eX[ctionS is a signÉficant financial chall¢ngc for the site. As reported last year, 14 other outdoor centr¢s have ¢los¢d in the l&st three years and many cite this challenge as the reason for ¢losure. Objectivej: lllcome: we have seen a small growth in our ongoing incL)me. Alongside this, part way through th¢ y¢ar. w¢ rcgaincd thc King'5 Trust contract. In additio wc achicv¢d an Adventurcs Away from Home COntt to provid¢ for outhKJr activity and ov¢might visits for children from areas of depriN'ation or disabled. We are investing in a beller sales and marketing approath with the recruitmeni of experienced staff and guided by some new experieneed Trustees. Part of this approach is lo ensure we w¢lcom¢ a wid¢ variW of groups to ¢xp¢ri¢nce our wonderfvl site. Safety: We maintsin a strong management of safety within the Tn( meeting all our staiutory safety obligations. We contract an external health and safety auditor to audit our praetires and upjate our poli¢i¢s. to meet ixst pra¢tÈc¢. W¢ also ¢ontra¢t an external adventurous &¢tivity advisor who audits our practices. trai our staff and provides advice when needed to eU[e we cary out adventurous activities safely. IDvestmeDt: Due to restrictions on available fund& we have only managed to invest iti the site where it was absolutely necessary or where we received grants. RelatioDship with employees: w¢ work with a manamnt t¢am of thc Owations and Deputy Op¢ratkons Manager, Sale5 and Marketing Manager, Activity Manager. Catering Manager, and team m¢rnbcrs who d¢liver the programmc and activities for our visitors. This includes both freelance staff for peak limes and apprentices. We aim to fos a positive relatiODship with all our staff.
The King George V memori Scouts & Guides Recreational Lands (The Beayde5ert Trnst) RqknrftrTnoees f(rlheyeareThled31st Mar¢b I)26{lt'd) Objectives (Cont'd): Aetivity Centre Registration: AA LOTC. BAPA: we are licensed by Advenwre Activities Licensing Scheme, wkn'ch inspects Ihe safety management systern for providers of adventure aciiviiies io young >ple under the age ol18_ We mainlained recognition for Learning outside the Cla55fooTT] and with BTit15h Activity ProYideT5 AkCIation. Fundrising: Th¢ Try¢ has b¢en octive in fundraising in the following manner: l. We apply to grdnt makillg bodi¢s as possible liDk¢d to our D¢v¢lopm¢nt plan. 2. A professional fimdraiser has not been used. 3. Fundraising is monitored by the Management & Finance committee and reported to the Exccuiivc. 4. No complaints bave bttn received regarthng fundr"Su. 5. The only approach to the public for fiujdraising has In donatioA8 from the members of Friends of Beaudes¢n. No undue pressure has been applied io those members. 6. Financi41 revie Income from artivities: Income for ihe year was £607.585 12025: £572,261) a 6fy/0 incr¢asc with the support of our rebooknng visitors, the rcturn of The King's Tn1 Wanvickshire ai the stan of 2026 and contr8CÉ from Advcnturcs Away From Hom¢. Co$t5- We contlDue to review and control operating costs which amounted to £614.624 (2025.. £725.867). Restrncrnrin8 of our Eeam, finalising our complaints with our water meier and implementing cost cuning efficiencies has accounted for the cosi reductions this year. We ¢ontinue to estimate a minimum of £25K pa will be needed for the for¢s¢¢abl¢ fvttJr¢ to ensure esscntial one-off rcrAiT5 are complctcd in a timcly Tnanncr. ExpcricDCC ha5 shown that thib is often higber. This h&$ been the in the 25126 year. No Tnlee$ are pai4 and DO employee earned over £00,1 p& Surplus: Wtth an increase in visitor fees and donations and a reduction in costs we achieved a surplus of £21.162. Taking into account dcprcciation of £33.514 thtte was an oveTall surplus of £54,676. Current year: We anticipate visitor numbers to be similar to those of 25126 as we continue to receive SitiVe feedback and strong rebooking. With our new Sales and Marketing team we are also looking at )t¢nltal ncw funding and a¢tivities. With coniinuing to be tightly ¢ontroll¢d w¢ projc¢t a small SUTpIu8 next year.
Tbe Klug Georgt V Memorl•l S¢outs & Guldes Re¢reAdonAI iAnd$ frhe Bexudesert Trns¢) RqMWtofthe Trugt&s forthe)wetyJtd310M#rcb 21126 (Lwt'd) Net assets: The Net Asset position at 31 Y March 2026 w&s represented by the following main items.. Tan8ible alS after revaluaiion in 2019 have a Caying valu¢ this year of £l,M9,815 (2025". £I.466,958). During the year £16.371 was incurred on Dew fixed assets and the depreciation ¢harge was £33,514. Debtors increased by £25.675 from £12.147 in 2025. Cash ai bank and in hand of £44,614 (2025= £5,359). Cr¢ditors falling du¢ within one year of £151.563 are up on thc figure for previous year by £32282. Cwditors ovcr ODC year arc all for th¢ Bouncc Back Loan wkn.ch wdl be rcpaid ovcr 9 years from F¢b 2022. Reserveg Policy: The Trustees have estsblighed a lIcY that the free Teserves of the Charity, should be beeen four and nine months of opcrattng costs, which Providcs sufficient fijnds for the charity to survive a significant drop in fimding, or business intemiption. Future reserves will be starting from a balance of negative funds of £64,363 held at 31st March 2026 (2025.. negative £101.171). Ittvestment Policy: Apart from retaining a PTudent 8mourtt in reqerv&s each year. most of the Charity's funds are speni in the shon tenn, so ihere are few fimds available for IoT]g-tcrni investment. Having cot)sidered several opiions availablc. it was dcCId to inv¢s1 any fimds not r¢quird thort tCTm in a low risk commercial bank d¢tM)5it aollnt. Th¢ TnLSt¢¢s ¢ontinu¢ to r¢vi¢w th¢ Charity's invcstmeni policy annually. lllternal controls: An annual budgei approved by the TnLStees: Appropriate delegation of authority and segregation of duties. Privxte benefit: Thc Twst confims that Tt drts noi prode any benefit io private individuals with the exceptions of payment for liabiliry insurance M'hich bas been authoTised by the Charity Commission in a scheme dated ioth February 2IMM. Th¢ Tru$tee5' report ws pproved by the Execlltlve on 8th July 2026 and slgned on thetr behalf by".- Mr J D Cotton Chairnian Mrs E Gumb
Independent Examiner's Report to the Trnstees of The Kiog George V Memorial Scouts & Guides Re£reatioDal Lands fflie Beaudesert Trnst) I report to th¢ chan.ty tnLSteeb on my examination of th¢ accounts of the charity for the year 31. March 2026 which are set out ott pagcs 10 to l 8. Responsibilities and ba$i5 of repbrt As tbe chaTity's tnL8tees you are respottsible for the preparation of tbe accounts in with the requirements of the ChaTities Aci 2011 ('the Act.). I rcw>rt in rcsP(xt of my examinaiion of the charity'5 accounts carricd out under se¢tion 145 of the Act and in ¢anying out my examination I have followcd all the applicable Direction5 given by th¢ Charity Commission under section 145{5Mb) of the Act. Independent eiamlner's statemeut Since the charity's ws8 incom¢ cxccedcd £250,(KKI your examititt must k a member of a IM)dy listed in section 145 of the Act. I confirni that J am qualified to und¢rt3ke the examination because l am a member of The Institute of Chartered Accountants in England & IAYalts, whilh is one ofthe listed bodies. I have completed my examiELation. l ¢onfirni thal no material matteTS have Gom¢ to my attention in connection with the examination giving me caus¢ to believe that in any material respect.. a¢¢owiling rc(ord5 wcrc not kept in respect of the cbaTiry Ls requircd by section 130 of the Act. or 2. the accounts do nol accord Wlth those recor(Ls I have no conc¢rns and have comPoss DO Other matters in connection with the examination to which attenlion should be tha this teportArforder to enable a proper Understanding of the accounts to be reached. ChaTter Court 2 Well House Barns Chester Road Bretton Chcster CH4 ODH Andrew J Bradshaw Forand khalf of B Chartered Accountsnts ws Limite 8th July 2D26
Tbe King George V memori Scouts & Guldes Recreational Lands (The Beaudesert Trust) sTATEMEr OF FINANCIAL ACTIVITIFS ror the year endiog 31. March 2026 2026 2025 Note Unre5trictsd Reurletrd Totsl UnT¢5trictrd Restn"cted Fund5 Tots] Incoming from: DonatsoDS and gifts 278 27521 27.799 10,795 17,695 Charitable Activtties fA>7585 (rf17,585 572,261 572.261 Investment Income 402 402 509 Total Incoming A)8 27 583 565 Expenditsre on: Charitable artivities fAM)256 14,368 614,624 722,622 3245 725,867 Total Expenditure fAX¥256 14.368 614,624 722.622 3245 725.867 Net iti¢ome CIains on Tevaluation of assets 13.153 21.162 (139,057) 3.655 {135,402) Net movement in funds 13,153 21,162 (139,057) 3,655 (135,402) Reeoneijigtion of Funds Fund balallc¢s brougbi f(vard at 1° April 2025 lJ51.097 19,853 1 J70,950 1,490,154 16,198 1,506.352 Fund b&teS carried forw1 at 31° M4reh 2026 13 The notes on pages 13 to 18 fonn part ofihese fiD*n¢ixI xtstemenL 10
The Klng George V Memorijl Scouts & Cffuida Retrtxtioll Lands (The Begudesert Trust) BALACE SHEET as at 31" March 2026 2026 2025 Notes Fixed gMets Tangibl¢ &ss¢ts 1.449.815 1,466,958 Current assets Stock Debtors Cash at bank and in hand 11.905 60,023 44.614 10.905 34254 5.359 10 Current liabilities Creditors.. Amounts falling du¢ within on¢ yegr 151563 118281 Net curreDI wets Total AS less current liabilities 1.414.794 1.399.195 CreAitor5'. Amounts due iti more than one year 12 (22,682) (28.245) Net assets lJ92,112 1,370,950 Represellted by: Chxrity FuDds 18 Unrestricted fi]nd - General Fund - 13 includes revaluation reserye of £768256 (2025.. £784,628). 33,(K 19,853 IJ59.106 1.351.097 .392.112 1,370,950 The fillattci ytattmtnts were approved by the Trustees on V July 2026 8Dd sied OD th¢Sr behf by:_ J¢r¢my Cotttyl DL Elsp¢th Gumb The notes on pages 13 to 18 fom pxrt of these finana81 s¢*tewents
The King George V Memorial Stouts & Guides Retreational Lands (The Beaudesert Trnst) STATEMENT OF CASH FLOWS S 4t 31" March 2026 2026 2025 Note5 Recollci]ixtion of operating surplus to llet inflow from charitabk adiviti¢5 Operating surplu5 Restric(ed .. Unrestricted 13,153 3,655 (19,409) (152.191) Depreciation 33.514 31.878 Movement in Tvorking capital (Incr¢as¢) I d¢Cr¢ in Stocks (Increase) I decre in debtors IThcrcasc / {dccrcasc} in crcth'tors DqM)sits on fu¢ courses (1,0} (25.769) 21,483 11,662 1.885 520 124,687) (12,645) et cash inlloTV from ¢baritable ¢tivitie5 33,634 (151,585} Net cBsh it0T¥ from ¢hAritsble actilIeS 33,634 (151.585} Investment in¢ome & donations Returns on inv¢stments and servicing of fina¢ Donations Bounce Back Loan Interest payable 402 27,799 (5.426) (783) 509 17,695 (5.295) (914) Appliction of funds Capital Expendiiure (16,371) (11,005) 39255 {150,595) RKonriliation of ca5b flow lo movun¢nl in fuTkd5 Decrease I 1llcree ID c*sb in the year N¢t bank position I" April 2025 5,359 155.954 N¢t bank position 31° Mar¢h 2026 io M,614 5.359 12
Tbe King George V memori Stouts & Guides Reereationat Lands (rhe Beaudesert Tru51) NOTES TO THE FII¥ANCIAL STATEMEiYts For the year ended 31 March 2026 A¢¢ountin8 pdi¢ies Ba515 of preparation and a55e55menl of going conttrn The accounts (fmancial atementS) have been Prepar under the historical cost convention with items rec£sgnised ai cost or transaction value Ltnless otherwise stated in the relevant notes to these a¢¢ounts. Th¢ finon¢ial stat¢m¢nts hav¢ been pr¢par¢d in accordan¢e with the Stom¢nt of Recommended Praciice: Accounting and RerM)rting by Charities prcparing their accounts in accordance w'ith the SORP 2019 Financial Reporting Standard applicable in ihe LK and Republic of Ireland {FRS 102) 0ri8inally issued in July 2014 aod the Financial Reporttng Standard applicable in the Uniled Kgdorn atMI Republic of Ireland (FRS 102) and the Chanties Act 2011. Th¢ ¢orostiwt¢s a public incr11 cntity as defined by FRS 102. The Ttte5 eonsider that there arc no uncertainties aknut thc Trnst's ability to continue a going conc£rn ovcr the next twelve months. Depreciation All the fix¢d &5s¢ts are used forthe direct furtherance of the Charttys acli¥ryties. Deprectatton is calculated to WTite off the costs of tanble fixed over their expected usefi cconomtc livcs Ing th¢ followiDg rntrs:" Freebold builditw- 20/fj ptt annum straigbt line F4uipment- IIP/o p¢r annum straigbt line TnleeS have reflected in these Financial Accounts a valuation of the inalienable asset of the land. An estimat valuation of £850,(KK> has be placed on thi.s land following the vaiualion in December 2019 by Boot & Son. Fund aeeounting Gcnerai funds arc unrestridcd fwKL% which are Available for usc at the discretion of th¢ ffiistees in furtherance of the general objectsves of the Charity and which hav¢ not b¢¢n d¢signat¢d for other purposes. Designated funds ¢ompnse unTestricted fimds that have been set aside by the tsIL8tceg for particular purposes. The aim and use of each designat&l fund is soUt in the to the financial SMentS. R¢stri¢t¢d funds a funds which are to be Sed in accordance with specific restrictions imposed by donoT5 or which hav¢ l)¢¢n raisd by th¢ Charity for particular pUrseS. The cost of raising and admni<terin8 uch ndS a ¢haYged #Ing1 the gr¢ific fid. The aim and uAe of each restricted fund is set out in the notes to the fmancial sratements. ltheomitig resources All incoming resources are included in the SOFA when the CTharity is Icg3lly entitled to the income and the amount can be quantified with reasonable accurdcy. For legacies. enlitlement is the earlier of the Charity b¢ing notified of an impending distribuiion or the legacy being received. Gifts in kind donatrd for distribution are included at valuaiion and recognised as income when they are distribut¢d to the proje¢ts. Gifts donaied for resale ar¢ included as income when they are sol Donated facilities are included at the value to the CharÈry where this can quantified and a thtrd party is bearing the cost. No amounts arc included in the financial statcmcnts for services donated by volunteers. All grants are accounied for gross when receivable. Grants payable are recognised as expenditure when the commitment is entered llrto. 13
Tbe King Ceor¥e Tr Memorial Scouts & Guides RecreAtioDai Lands (rhe Beaude5ert Trust) NOTES TO THE FINANCIAL STATEMENTS (collt'd) For the yr ended 31° Marcb 2026 Accounting pojieies (cont'd) Resources expended All ¢xp¢nditur¢ is account¢d for OD an accruals b&sis and h&$ been cl&8sified ullder headings that aggrcgatc all costs relat io thc catcgory. Where costs be dir¢¢tly allributcd to particulat headings they bave been allated io activities on a basis consistent with use of the resources. Fundraistng costs tIK>5e incurred in seeking voluntary contributions and do noi include the costs of disseminating inforniation in support of the charitable activities. Supp)rt Costs are those cos15 incurrcd directly in support of ¢XnditUr¢ on th¢ objcrts gf thc Charity and in¢ludc proj¢¢t managcmcnt. MaDagcmeDt and admirristi0n costs are those in¢urr¢d in connection with adMitration of the Cbarity and compliance with coli1ut10nal and statutory requirements. Stocks Stocks are valued ai the lower of CO and Tt reali5able v8h, after making due allowance for obsoleie and slow moving items. PenSiOD Contributions to defll)ed contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contribulioTL8 are recogni8¢d as an asset io the extem that the prepawient will lead to a rcduction in fij¢ payments or a cash rcfvn 21)20 Funds FwJ(ts 2025 Donatiolls and gift5 Donati0Tr5 Gift Aid 278 27,521 27,799 10,795 17,695 Unrestrltted Restricled Totsl UnTe8tricd Restrieied Totsl 2025 2026 Funds Fun(ts B#nk intsrest 402 402 509 509 4102 402 509 14
Tbe King George V Memorial Scouts & Guides RerreatioDAi Lands {The Beaud¢5ert Trust) NOTES TO THE FINANCIAL STATEMEliTS (v)nt'd) For the year ended 31" Marcb 2026 In¢ome of ¢he Trns¢ Total 2025 Fwmts Funds 21126 Fees, Facilities and Activtttes Other income {15.585 605,585 570,082 2.179 570,082 2,179 5 Chri¢ble artivities UDrestricted Restri Total Unrestricbl Restricted Fun 2026 Funds Total 2025 Sttff costs and light Rcpairs and rcncwals Activity cxpcnscs Esthte management Rat¢S and water Tclq)honc w and slationery Rdail and Catering costs Insurance Travel and subsist¢ft¢¢ Depreciation Legal and prof¢ssional f¢¢s Independent examiners fees Other costs Bank charges Loan Intere 285,930 44.242 54,146 75.723 8.477 285,930 44242 54,146 85.375 8.477 4(Ml.329 58,724 23,871 75.110 16.981 18,332 2.303 400,329 58.724 23,871 75,110 17.147 18,332 2,303 9,652 1,378 1.378 46,812 28216 46,812 28216 48,063 26,680 264 28,799 11,112 2.553 5,689 2,898 914 48,063 26,680 264 31.878 11,112 2.553 5,689 1898 914 211.79¥ 10.493 2,570 4.716 33.514 10.493 2,570 6.848 2,116 783 3.079 2,116 783 Staff numbers and costs and health & safery. The tota] employee benefits ofthe key management perne1 ofthe TTUSt were £52,905 12025: £72284). No employee of the charity recei•/ed emoluments of more than £60,1th (2025: none). txmng th¢ year the average monthly head count was 23 employees (2025.. 23). The $ts tothe Chan'tyw¢re'. 2026 265.032 14,788 6,110 2025 372.371 18,531 9,426 Wages and salari¢s Social security costs Pe10 costs 15
The King George V Memorial Scouts & Guides Re£re*tiottal LaDds (The Btaudesert Trnst) NOTES TO THE FINNcIAL STATEMEliTS (cottt'd) For the yvAr ended 3111 Marth 2026 Trystees, remuneration and expenses None of th¢ T¢ustees received any remunerdtion for scrvicc5 to th¢ Expenses incurred by Trustees on beha]f ofthe T1 We often gfted io the TnL%L Tangible Ilxed Sets Freehold IAnd and buildings Plant and Equipmettt Total Cost or waltiOn At I. April 2025 Addition5 I,5,757 333,310 16.371 1.840,067 16,371 As at 31" March 2026 1506 757 856438 DepreciatioD At 1° April 2025 106.433 266,676 373.109 Charge for the year 20201 13,313 33.514 At 31 st March 2026 126634 279 989 406 623 Net book value At 3 1st March 2026 1.380.123 69.692 1.449,815 At 3 1st Mar¢h 2025 1.4(KiJ24 66.634 1,466.958 In ord¢r to COTnply with the provisions of the SORP 2019 Accounting a1 Rep)rting by Charities {FRS 102} the Trustees have reflected in these Finatt¢ial A¢¢ounts a valualion of the land and buildings. In December 2019 the groun(Ls and buildin8s of the tr1 were revalued on an open market basis valuatioft at £1.5m Ibefore the demolition of the Chapel) by Boot & Son, Ind¢pend¢nt Chartered Surveyors. of Cannock. Staffs. Th¢ historical cost of the land and buildings (included in the fthancial stalcrn¢nts at valuation) is £73I.74512025.. £715.374). ThÈs F¢presents th¢ costs irlcurrcd by the charity since the landg were donaied to it and no cost is atiributed io the Orinal lands. 16
The King George V Memorial S¢oyts & Guides Recrtstion Lands fflbe Beaudesert Trust) NOTES TO THE FIliANCIAL STATEMENTS (¢ont'd) For the year ended 31 March 2026 Debtors 2026 2025 Trad¢ d¢btors Prepanents 37.822 12,147 io C•sh it bnk *Dd in hand 2026 2025 Bank accounts li Crediton- xmounls falliDg due witbin one year 2026 2025 Trade rr¢th"to Taxation & &Kial Security Deposit for future activiti&8 Accruals B(Kmcc Back Loan 4.923 14,902 83,165 9,865 18.621 94,827 29,485 151563 118281 12 Creditors- amounts f]2 dy¢ more than one year 2026 2025 Bowice Back Loan 28 13 Analysis of net assels between funds Unrestrieted Resttlrted Funds Fund5 Total Fund$ Fund ba]anc£s at 31° March 2026 Tangible red &ss¢ts Current a Lcss Current h'abiliti¢s Less.. Creditors due in more than l year 1,423.469 109.882 (151.563) (22,682) 26.346 1.449.815 116.542 (151,563} (22,682) 1359 106 1392112 14 Capital commi¢meDts Ther¢ were no capitsl comnuttnents allthori contracted for at the year4n Is Tax%tioD The Charity is exeTnPt from taxation on any income or capital gaiiis. 17
The Klng George V Memorial Seouts & CuSdes RecrutioMl Lands (rbe Beludesert Trnsi) NOTES TO THE FINAfCL4L STATEME.YTS {coDt'd) For the year ended 3111 2026 16 Financi InstrumeDt In ordcrw fillancc thcir workmg capithl requirements. the Charity hadTec¢ivcd a loan from its BaDk through th¢ Bounce Back Loan scheme. The Bank agreed that the10on will be interest beanng. The loan is r0g[Sed in the Charity's Balance Sheet as a ¢r¢ditor du¢ within and after l year. Under Section I l of FRS 102 this will be the present value of the cash payable to the Bank. 17 Control The Chariry is under the control of the TnLsiees. 18 Restricted funds Opetiitig BxE*n¢e 14et Incoming Re50urce5 Transfers Closing BalAnee Cal Day knchery Range Climbing Wall Rcception Renovations Grdss Sledging Guide House Tented Village Park Eqtsipm¢nt CCTV BuÈlding Equipmcnt Pcdal Carts History Boards Kitchen Equipment Plant and Machinery Sp¢cific Grants uulis¢d in thc ycar (1.000) (5171 (1.797) (63) (260) (70) (890) (100) (650) (240) 180) (1.081) (loo) 1.883 4.763 124 1,616 560 1.366 4,091 61 1,356 490 7,056 500 1.650 2,431 560 9.745 900 1,800 1.125 4.500 2,3 1.921 750 10.826 1,000 1,800 7.520 (7.520) Restrkted funds Most of thc funds received bave been expendedon capital projects wh¢r¢ th¢y ar¢ bcing d¢PClated over a ten year perio¢L 18