COMPANY REGISTRATION NUMBER: 02222950
CHARrrY REGISTRATION NUMBER: 802711
The Whitlingham Charitable Trust
Company Limited by Guarantee
Report and Financial Statements
Year ended 31 March 2021

The Whitlingham Charltsblo Trust
Company Limited by Guarantse
Financlal Statements
Year ended 31 March 2021
Pago
Trustees, annual reporl (incorporating the directorfs report)
Independent examinerfs report lo the members
11
Statement of finanaal activits'6s
13
Slatement of finanaal positi'on
14
Notes to the financial slatements
15

The Whitlingham Charltable Trust
Company Limlted by Guarant••
Annual Report and Flnanclal statements
Year ended 31 March 2021
R•feren￿ and admlnhtratlvo dolalls
R•gist•r•d ch¥rity narn•
Th8 Ivhttlngham Charitable Trust
Charlty reglstrallon numb•r
802711
Company reglslrntkln numb•r 02222950
Prln¢lpal offlce and r•glst•r•d CIO Adepta Limited
Hill Fann
Klfby Roa¢J
Klfby Bedon
NR14 7DU
England
Th• Irust•••
Mr J R Colman
Mr R Bennatt
Mr M Fakon
Mr C Penn
Mr R D Hutton
Company •o¢r•tsry
Adopta Umltod
Ind•p•nd•nt Ex•mln•r
RSM UK Tax and A¢countirvJ Limited
Blonhèim House
Newnarkel Road
Bury St Edmunds
Suffolk
IP33 3SB

The Whltllngham Charltable Trust
Company Llmlted by Guarantee
Trustees. Annual Report (Incorporat5ng the Dlrectotrs Report)
Y•ar •nded 31 Mar¢h 2021
The Iruste8s, vtho are also the directors lor the purpos&s of company Iww. present their report and the
f￿ancIal statements of the tharity lor the year ended 31 Marth 2021.
Stru¢tur•, gov•m•nG• and m*nty•m•nt
Company Status
The Trust is a tharitable (%￿pany, limited by guarantse. Every member of Ihe company is a guarantor
and undertakès to contribute lo the assets of the company in thg event of il being wound up with a dèficf(
of funds, Such amounts as may bg rgquirgd up to the limri of th9ir guarant99. Each guaranlorfs liability
Is limited to £1. At 31 March 2021, there were four such m8mbers', Sir Timothy Colman (deceased 9
Soptember 2021), James Colman. Chrf8toph8r Penn arKI the Broads Authorlty.
Tru•to••
Tho Trustae8 of the ¢harltabl8 conpany durlng Ihe year. who aro dlr8¢lors of ts Company for the
purpo$e8 of th& Compankn8 A¢t 20C6. were:
R 88nnett
J Colman
M Falcon
R Hutton
C Pann
None of the trustees except J Coknan and C Pann are members of the charriable company.
The Broads AutPMth, a8 the nomlnatlng boty, may appoknt a number of membar8 to the charltable
company and may app(Int up to f(yJr Iru8tee8.
Other T￿190$ are appolnlod by the membern in a ganoral n￿ting. The numbw of Tru8t888 Shall not
be less than five Ixrt shall not ex￿￿ nine. Trustees rroet regulaty and are responsible for making
dedslons. Tnjslee appolntments are made on the basis of nomln8tiorA by momber8 In a88(￿lat￿n wllh
Ihe Momorandurn ArtiGlgs of A¥￿¢181k￿.

The Whitlingham Charitable Trust
Company Llmil•d by Guarantee
Tru5tees' Annual Report (Incorporatlng the Dlrectorfs Report)
Year ended 31 Mar¢h 2021
Objectiv•s and actlvltles
The Charilab￿ company {'the Trusf). a reg￿t* charlty and company Ilmtted by guarantee. was
created to manage and maintain for the public benefrt Vthitlingham County Park. noar NoThvich, Norfolk.
The Tfust was 88tablished under a Memorandum of Association and 18 goverwd by tts Artldes of
A5sociatlon. The Trust was establlshed In 1988 under the tern￿ of an agreement betsveen Norfo
County Council and the ￿MInghall Setuement (landowners) for tho extradion of gravel from the site.
This agreernent requires the restoration and managementofthe site. post4xtrackn. lo provido an open
place where the publlc can enjoy quieL peaceful pursuits in a njral environment.
The resloralion of the $ito was the responsibilty of the lar¥Jowngr8 and mineral tyrators. FoNowtng
restoration, the land was leased to the Twst under a k)ng4enn lease. Tr original Park infrastructure
was sp8crfied and funded in accordance th planning agreements b8fvmn Norfolk Cwnty Council arKI
the land01￿9rS. The Trust Is now r8sFonsibie for the maintenan¢a and managemont of the area as a
Country Park.
Th9 Trust ¢omThnced operatlon In 1992 wlth the handover of Trcw80 Wood arKi M88dow. The
acquisition of Whrtlingh8m Wood and V￿1￿Ingharn Litde Broad followed in 1994 and 1996, rospoctivety.
Whluingham Llttle Broad was opened to the publlc In August 1997 with Whitlin9ham Great Broad
foll¢)wing In 2004. Mlneral 8xtra¢tion and subsequent restoration h8$ b06n Compfgted on the area of
land and water whlch forms Whitlingham Country Park.
Tha Tru8t has deveb)p&d tha County Park In Nne Vllth 8u¢¢8ssr¥• business plans. A 244￿1r rnooring
on th8 Rlver Yare was establlsh8d in 2005 arKI has bogn u8ed $u¢¢esthly 85n¢o.
The Flint Bam Visitor Contrg W85 Gompletod in 2006. Thg Flint Bam18 a focal polnl for vlsltors to the
Country Park and the Trust has leased part of the ground 1k￿r lo a ¢alerlng company lo providè café
88rvlce$ to vlsltors.
Whilingham Adventure, an ￿rtdOOr educatlon contr8. on th& odge of Whitlingham Great Broad ￿an
operating in 2005" it is owned and managed by Norfolk County Council on land leased from Ihe Tru81.
8y a manag8ment agreement. they are 81$0 respons1￿¢ for managing the water space ofthe two Broads
In the Country Park. This OutdC￿ educat￿ (￿MpleX delNers a comwehengiv8 raroe of 5POrt and
adventurous a¢livits'es. especially young people. Due to the uryreced8nted sttualion brought about
by Covid-19, Whitlingham Athmnture was cknsed to the publc Irb March 2020 and remalned dosed for
the year.
Land has been leased to Whitlingham Boothouses Foundation for ￿ (xrtructlon by them of a new,
purpose buill facilty for rowirvJ and carK)8ing close to the river Yare. The Vlhidlngham 8oalhou8es
project was completed In August 2015. 11 has provlded an outstandlng ¢ommunlty fadlity for both
rowing and canoelng and has already attracted more vlsltors to the Park.
Durlng the year under ￿vIeW, the Tntst continued to manage the Counlry Palk in close Co-operatlon
th its pariners. including Norfolk County Councll. There is a range of acc8SS OPPOrtunitte$ for visitors
acros8 the C￿ntry Park area with ong¢yng improvoments to the Infrastruclur• planned In the future,
Inc￿dIng the provlslon of new lodet facilltie8.
Large numters of people Gonlinue to visrt Whil￿nghaM Country Park to enjoy Ihe peaceful surroundlngg.
Visrtoi numbers during Ihe perThls of nabonal kxkdown during the year have been particularly high and
th6 park remained open to provide visilors with the opportunty lo enjoy outslde relax8tM)n and exer¢ise.
The estimated annual attendance al the County Park Is abrmjt 500.rxxi vlsttors a year.

The Whitlingham Charitable Trust
Company Llmited by Guarantee
Trustees. Annual Roport (Incorporatlng th• DIr￿t0￿9 Report) (¢othlnii•dJ
Year ended 31 March 2021
The Tru5te8s of Ihg Vlhitlingham Charitabb Trust docided in Sèptèmber 2019 to bring to an end thg
management of Whitlingham Country Park by th8 Broads ALrthO￿ty wlth effect from 1 April 2020. A plan
to transitlon to new arrangements was imFAemented prior to 1 Apn'l 2020 and de5pile the Impact of Ihe
pandemic, this plan was irnplgmented successfully.
The Trustee¥ appolnted a loGal ¢ompony to manag8 and malntsln tho Park on behalf of the Trust. Thls
company. HK Country8MJ8 Managemenl. 18 wn by very experienced director5 who h8ve strong10¢81
knowledge of the Park. The Trustees are very gratefvl to th• dlreclcys of HK Countryside Management
for all of their hard work during a partiGularty challenging year due lo the pandemic.
Achl•v•m•nt• and P•rfornianc•
11 Is drfficum to write at*JUt the Tnjst's 8th￿eMents and perfornwnce forthe year 8nd8d 31 Mareh 2021
agaln61 such an uncertain backdrop Crgated by the gknbal pandomK, Covid-19. That sald, tho TN$t does
not want the year to pass without recogni￿ng the offorts of many pooplo who have made the year
anothar su¢¢ossful one In the history ol the Park.
In deckllng what activrties the charity shLwkl urmlertake the TnJstees have kopl In mlnd the Charfty
Commission's guidance on public bfrnefrt.
The Country Park is opan to all membaf8 of the public and pn)vid88 a vaned Lgndscap8 which Is rural
In character and poaceful. The Park Supplemonts thg Cty's groen infrastrudur8 and Ihls role is
promoted and $UPFthed by tho Lqnd (wmefs and local authorfty partn8r8. The network of pathways
vAthin tha Park is used by jo93ers, ramb18rs, lamilies and dog walkers. Main pathways ar8 suhab16 for
disablèd ac¢o58 with further imyovomenls planned and there is a dts¢ounted parking scheme for bhJ8
badp holders.
The National Cyckn Route 1 follows Whltlngham Lane through Ihe Pa￿. A180 The Wherryman'8 Way
traverses close to the 80Uthem LM)und8ry of the Park, conn6¢ting Norwich to Grèat Yamiouth over
dlstance of 35 miles. Visitors navigating the Broads by boat Gan alight at the 24 hour mooring on Ihe
Rlver Yare and make u8e of Ihe electrfc ch8rgkng polnt.
The water areas of the Great and Llttle Broads provlde $pa¢e for reCrea￿On and educatlon. The Park
operales a Visitor Safety Poli¢y which has been endorsed by all partner organisations wlthln th8
Part<. As part of ensuring safety in the Park. there has b90n a review of all signage and Steps are bekng
taken to update all s￿nage.
Norwich C8no& Club has use of tho Lmufr Broad bts tralnlro 86s81ons and BoathcAJ8e U8ers have
direct acc￿$ to the Rwer Y8￿ navUqat￿n. Norkn"ch Model Yatht Club meets ￿ce a week and
members race thelr craft on the Great Br08d. Norfolk Fire & Rescue seTh￿e praGtices water Safety
training at Whitllngham. cl￿ lo thelr ststion at Trowse.
The Pat1( prowdes a popular venue for events and education dtawng attendan￿$ from Norwi¢h and
the region. However. during the year unts miew. events in Path have been severety reduced due
to the need for publtc safety during the paThJemic. It is expected that large events hosted by Ihe Park in
prevlous ygars suth as the Norwith Triathlon and ASA East Region Open Water Swim will return in the
future. A number of Ilcensed fftness groups use the Park as a venue for a range of aGtivilies although
some of these activitses have been curtailed during the pandemi

The Whitlingham Charitable Trust
Company Llmited by Guarantee
Trustees. Annual Report (Incorporatlng the Dlrectorfs Roport) (¢onthu
Y•ar onded 31 March 2021
In wijunc*on wlth thLs. the websile has been rewamp6d and updaled to pyovide a full events list wlth
guidance for visitors and event organlsers. The webslte now Includes a faclllly for donations. A
Facebook page has been developed whth enables the Trust to communicate more effectNety with th&
public.
Trustees approved a new 5 year park managem￿t 0?￿rIng the period 2020 10 2025. Th18 88ts
out the objectives for the Park arKI its operating principkn.
The grass areas clo$6 to thé Flint Bam are movm to a SI￿ swanl for amenty purpose8. conduci6d
fOrtnigh￿Y ovor summer months. In certain seclions of the Park, conservation oblectfves tsk8
precedence and publ￿ a¢¢e$$ is dlscouraged forthe ofwibjlrfe and habitats. The Picnic Meadow
is mown to a cl￿$61￿ation Schedu￿ and has a more natural apwarnnce.
Tro• works wTthin the Park are (xjnducted by tralned staff supplernenled by ¢ontractor8 a8 sc418 and
type of dl¢tsles In Iln8 7wlth the adopt￿ tr88 p(4Ky. During th6 year. 950 new trees were planted.
Roadslde tree work and ess8ntlal thinning w8r• carrièd out in Whitlingham 8rKI Trow$g Woods 88 Part
of the long temi managgmenl plan. A tree survey has idontffied felling and malnt8nance op&ratlons In
order of prborfty taklng Inlo con8ld•rallon hoalth and 88foty Pfoblom6, wlkllrfo habttats, historlc
Inwortance and landsc8pe value.
As in provious year5 V•th the h￿3h vlsrtor numbers, s￿￿onS of the footpaths have bocome worn. W¢yk
to Improve the paths around the Groat Broad w￿1 c4)nb'nu6 in fvlure years to provKle access for all
vlsmors.
Th• Park'8 voluntè8r8 ¢ontlnue to mak• a valuablo contrlbuth)n to tho Country par￿ Th6 volunteors
continue to Use their tralnlng kn mowing, brush CLffting, tractor drfvlng and tho wood chipper to asslst
thom lo help maintain th• Park, indgpondently and alongside Ihe management company. Volunteers
gave 1,500 hours to the Park In 2020121 and havè assiytad vAth slte ¢*+ecks,' vtgetstion managgmgnt;
fvmttur& repalrs; Invaslv• $poci8s control" Iltter plL*lrvJ, •ryaging wlth the publlc and day lo day
maintenance.
Additional volunteer support of 6(M) hours was provmled by students from City co1￿8 and Easton
College. Support Irom other visibng group$ received in previou$ years wa¥ suspended due to th8
restrictions durfng the pandemlc. The Trustees hope that these groups WIN be ab￿ io retum to support
the Park In tho fLrtura.
The Trustees would I￿e to record thek apw8clatK)n of al work done the vO￿nIe8r$.
Under the agr8èm8nt bthtsen Ihg landownefS arKI the Trust, the Trust has been endowed with a capltal
sum of £553.000 recelved by Inslalments. the flnal belng recelved In 1999. The Trust ha$ Invested thlg
lo a$$l$t In fvndlng annual maintenance and administration costs of the Parl(.
Funding is required to finance further development ol amenities and I￿1111￿￿5 arKI thair subs9quent
maintenance to cope ¥￿th the increased numbers visibrvJ the Park. Gf8nl ffijnding for thi5 purpose has
been obtained through enroknent as an environmental body under Landfill Tax regu18tions. This funding
is described in the financial review over the p4e. The Trust also geeks further grant aid and the
generation of income from car parking ft)r this purpose.

The Whltllngham Charltable Trust
Company Llmlted by Guarantee
Trustees. Annual Report (Incorporaling the Directorfs Report) (¢onth?u
Year ended 31 March 2021
Our response to Covld-19
As you wOu￿j exprt our respMse to Covid-19 has been a Ma1￿ matter for tho Trustees sSn¢a tho
Impact of the pandemlc began to manwest Itseff early in 2020. The Trusfs first priorfty was for th8 safety
of its visilors. volunteers and contractors. We reacted quickty to the UK Govemment's gu*delines al the
start of the lock(kn¥n period in March 2020 and dosed a number of our laclHlles. including the Fllnt Bam
and the ¢ar patk8.
At the same Ilme, the Trusteeg reeognlsed that the Park ethld provldè an imp(xtant lif81ine lo members
of the publi¢ by remainlng o￿n enabling time to be spwit outdoors and providing a place for ex8rcise
and relaxation. Following liaison with the kxal pdice, the car parks were re-opened having been closed
for Aprfl and May 2020. The Fllnl Bam was a￿0 re￿Pened in June 2020 after a rlsk assossmgnt w89
tarrled oul and tha cateflng oparator started Io Fwovhja a takeaway sorvt¢6.
During the period oflockdown and subsequenlty. the Park has b8en extram8ty busy which d•monstr8tos
Its value to th8 publlc In provkllng an On￿rOnMent In whlch peo￿ can anjoy themselv88 aTh8 g&t away
from the stre$$&s and $tr8ins caused by IviThJ wth the p8ndemic.
The Trustees are enonnously grateful to its new man898Thth company. HK Countryslde Management
Llmlted, tho volunt8w6 ar￿ other o)ntra¢torn wtK* havo wothod so hard lo koop tha Path open durlng
Ihl$ vgry ch8Monglng perlod.
The pandemic Is unprgced9nled and there vs no way to predict the extent to vthich il will lrnpa¢l on Iho
Tru8t's activitlès g￿ng lorward. The Trustaes recognise that they WUI need to monitor th8 impact vary
carefijlly and take whatever action 16 necessary.
R•s•rv•• pollcy
It18 the Intenllon of tho Trustees that the fredy avallable reserves of the Tru$1 Should be built up to, and
malntained at, a18vel whlch Is suffKient to ensure the contsnuation of the Trust'8 activltios.
Freoty avallablo f￿r¥83 are Unr￿trIcI•d funds whlch aro not commlttod to or Invested In t8nglt4e fLxed
as8et8.
In detemiinlng an appropnate knvel of reseNe$ the Trusteos havo rngard to 8 number of matter8 whlch
Include..
1. Fore￿51$ of expendituro on the bas of pk8nnod advty. In fuluro yoaryJ it 18 anticipat8d
Ihat management and maintenartt of the Country Park 15 likety to in¢rease due to age
and intensity of use.
2. The requiremént for day to day wo￿ng capital.
3. In¢ome rlsk whSth woukl Include the dfversity of sources of Inwffe. th& rellablllty of Income
sources, prospects for devèh)ping new sourc95 of income and an assessment on thg
evhdence avaiLqble of the Nkemhood of eath of varylng arrfl the wtential Impact on
Trust of r￿1 being able io deal wfth su¢h fluctuations.
4. Analysis of future risks and contingencies whith would be unlkety to be met out of regular
Income.
5. Funds which will be wuired to replace fryed assets.

The Whltlingham Charltable Trust
Company Llmlted by Guarantee
Tru$ts•s' Annual Report (Incorporallng the Dlrectorfs Report) (awrtlnu•dJ
Year ended 31 March 2021
After consideration of the at*)ve the Trustees have de¢Nled that an appr(￿rIate level of fre8 reserves Is
appro￿rnalefy t4•Ave rnnths. nomial expenditwe to gr￿* in lim *ith planned expenditure.
At 31 March 2021, unrnslricied free reserrfes were £314.227 whKh equaks lo approxSmatety
months of 8nnu81 unrestrlcted expendlture. The Fixed Asset fund of £20.193 ha$ bfron de$lgnated to
cover the purthases and Instsllation costs of Ihe Tollet Bk)ck (£10.933) ￿thin the County Park.
Tractor-mower (£7.764> and the first phage ol signage rep18cem8nt (£1,496). The reseNes for futur6
¢apltal spend s￿8 al £27.087. Thks period assum8S the continuance of grants and donations for re$tri¢tod
purposes expenditure which, rf such income were to decrease, could resuk In the perfc#J being much
shorter.
The reserv85 polky Is subj8Ct to regular remow by the Tfustses.
Invmtmant powers. pollcy & porfornianc•
Tho charltable company'6 arudes of as8odatk)n. wthlch 9fv88 wKle pDw8rs of Investm￿1. govam tho
Tru8to0$' Inveslmenl powers.
Th• Tru8to8$' pollcy18. after re¢afvlng sutsble advlce. to Invest in IL8led securitles on the London Stoc*
Exchange and slnce Juty 2016 has reslrS¢led Its InvestsThnt Into lobaco) compani8s and those
companios that may potontlally damago tho kxal are88 lo the C￿ntry Park as wall a8 diversifying tts
porNolio lo Includ• Inve$tm•nt In blu• chip ok)bal equllbs. Tha Invostmont obl8Ctlve8 are lo maintain
Incomè al 8 reasonablo bvol. whil$1 pr080rvlng tha ro81 valua of andowad fund8, arKI lo m￿lm￿se
Income on tsmporarlly Inv•$l•d unrestrlctod arKI restrl¢t¢d fvnds.
Tha charlty'$ Investments havo ¢ontlnuod to bo managed In conf(xmty wilh our pollcy. Tho incomo
retum on the average cost of inYa8lments kn the year was approxlmatety 2.WA (2020:4.1%), which the
Tru8te6s Cor￿￿￿or to bo sa￿s18¢10ry.
Flnanclal rovl•w
The balance of the endowed e4phal fijnd at 31 March 2021 of £1.120.708 repyesents th6 capllal
In$tslments recefved 01 £553.OC(l. plus the cumulative in(xea9e ￿ th? market value of the undertying
investrnents 01 £567,708. Tho net change in th& matht value of inveS￿nts for the year was an
Increase of £165.106. The Trustees. having undertaken a revlvw In the year, now operalg an ethiGally
geared policy on Its investments. The investm8nt portfolio will ￿ntinUe to be managed to provlde long
lemi growth and to maxmigè incom8 wilhoul undue risk. However. in view of ￿TTent world events, the
ouuook Sn the current year for satisfactory investment perIO￿anCe ointinugs to be uncartain, both In
terms of market value and i￿rne retum.
The Trusl Is enrolled wth ENTRUST 89 an envknorrfnental botty under the ￿dfill Tax regulatlons. The
Trust has previously recoNed grant fundiThJ whith rgsufted in tho opening of the Flint Bam. ENTRUST
regulations requlre Its Interest to be relwstered. and as at 31 Marth 2021 ts rgstrithd fvnds balan
was £620.429.
Unrestdcted Income lo the general fijnd for the year of £289.759 represents inv8￿ment Incom8. car
park income and UDrestrided grants arKI donations for applic81ion to the general running and
admlnistration costs of the Trust. Unreslrbcted expendituT8 Sn th9 year of £246.362 on maintenanGe
and management of the Park arKI general adminBtration has been charged agalnsl thls income. The
balancg of the general fund carried forward of £314.227 will be wuired for increasing fuiure
malnlanance and management costs.

The Whitlingham Charitable Trust
Company Llmlted by Guarantee
Tru5tegs' Annual Report (Incorporatlng the Dlrnctorfs Report) (¢￿d0￿￿)
Year ended 31 March 2021
The arrarvjorngnt oflhe provisitin of pothng managomgnt services to The Whidingham Charitablè Trust
Changed on 1 April 2019 when the Trust appointed RCP Pad¢ing Limited. a lo¢al ¢omp8ny to manage
the car parks on its behalf. RCP is paid 8 monthty management fee for its services.
The change in the car park management arrangements arose as a result of CO￿8M$ about the
performance of tho previous ¢)Porator whlch resultgd in the Trusl lem￿aling the contract on 31 Marcth
2019. Th8 Trust has made a claim against the previous for morie8 tt con61d8r8 it 18 owed,
Rl•k Management
Tho Trustees undertake a pe￿di¢ reviw of rnajor stralegic, bu8lne88 and 0poratK￿81 ri5k$ facing Iho
charlty. Thls Is effeciualed through a Risk Register by whlch the Truste88 ¢an Identlfy and assess each
category of rlsk whbch coukl potsntlally jeop8rdi8e th8 busines8, the Trust's key objectives and the way
it operate8.
Rlsks are Id6ntifi6d and rnoasur¢d on thelr prob8bllty and impact or severity using a scal& of 1 to 3 to
ascertain a risk tc4aranG8 lovel. Tho alm Is to manage all rfsks lo as l¢)w 8 tobor8n¢o1ov•l as reasonably
practicable by introduction of mitigation mea8ure8 wthith are rnvivwed to ensura that the systems In
place to manage the risk aro rol)usl and reasonablo.
Al tho t6mo of the last revifrw, the TN$l h85 idontifiod and con8lderod a numbor of rf8k8 to bo above the
acceptable tolerance level. These are outlined and mllwjated as folkiws..
The nofvavailabiltyAoss of the Whillingham Chair. m•mbw8, Dlro¢tors and Coryany
8e¢retary. In this event the Articles ofAssocaats'on gov8m$ tho pro¢odures lo be put In plac8
lor nominating new memb8rs. A vi¢e4haim)an rolo has also beon introduc8d In delegatlon
for tho Chair in hi8 absence.
&gnificant loss ol in¢ome as o rosun of a roduction in the value of investmanls. lower ¢ar
parking revenu8 and10$6 of tananl. The Trust's investments are I8￿eWed by the Inve8trngnt
Sub-committee regularly and a dixretionary service is in place wth the Tru$t'$ investrnent
managers altrjwing Ih¢m to trade se¢uritN?s in th8 porttolK) accordingty. The contract
provision for the management ol the car parks has been changed and a new arraNJemenl
is in place for cashlass payments.
Ineffedva eNJ8gement key partner8lstskel￿￿jer$ YthiGh breakdown key relatlons
on issue$ affecting the Park and result In the failu￿ lo deliver objectives. loss of income arld
opportunities. The Trust endeavours to maintsin an open and transp8￿nI re18tionshlp wlth
key partnerslstskehdders. Key partners such as stsff from Whillngham Alventure attend
Trust meelings in order to keep abreast of ongoing i$$ues.
The death or serious injury to volunteers and contractors whlth cwld lead to loss of
8xpertise. k)s8 of Cfedibility wtth the publTrcJstakehoh1e￿ and potential legal action against
the Tru8t. Health arbd salety pwrxedures and Pol￿e5 are already in place to ¢oun16r and
prevent such risks from arising. Regular iisk assessments are carried out lo ensure the
safety of surroundings as well as indr¥iduals and where required health and safety tralnlng
is prowded too.
Continuous safety audris and ongolng mainienance programme8 for tools and equipment
also ensure Minimi￿ng FJolenli81 hazards.

The Whltllngham Charitable Trust
Company Llmltod by Guarantee
Trustses. Annual Report (Incorporating the Directorfs Report) (conllnueo)
Y•ar ondod 31 March 2021
Tho death or $erlw8 Injury to a m8mb8r of the public wlych could result In dvil or criminal
action agaknsl the Tnjst. ￿tential cjosure of the Path, *81 costs and fir￿. loss of
¢xedibilityI￿PUtation th8 publk and also hwher Insurance premium8. Rigorous pc4iGi8S
and plans are in place to wver hazards presented for both land and watsr through a Visitor
Safety management ￿an whth is abo publk8hed. Furthenrorn. r8gular site inspections of
furnlture, facillties ar¥J annual tree surveys in addition to the audrt and re￿aW of signa98 and
public re8cue equipment 8re c4)nducted as part of the site safety system In place for the Park.
Golng ConG•rn
The Trustees ackn￿0d9e the $lgniftant uncertainty surroundlng the duration of the Covid-19 n8tional
pand8mi¢ on the national ecommy and th8 TNst'8 8(knitle8. Th8y will continue to monmor knpact
on the Tru8t and tts financlal arrangements.
Th8 Trust start•d the Current financial year in a $lrong financial posibon vAth a healthy level of ro88rvo5.
Thls 1$ expected lo asslsl tho Trust in dealing the exceptional cirujmstarlces of the presanl tlme.
The Trust also startod the year with annual budgot basod cffi pravlous lovols of Incom8 and oxpenditure
8nd 8 modlum temi finonclal plan.
Tho Trust ha8 been monftorfng c88h IkAv to ensure that It has SLrffident cash resour¢e$ to
continue to operate on a day to day basis. Th8 Trust has proparod an amorg8ncy budg81 for the year
nding 31 Mar¢h 2022 In response to thfr CoMd-19 pandemic and has C￿sIdor8d Its mgdium tgm)
flnanclal plan for the period at least 12 months frorn the date of $tqDing the financlal slatemonts.
Tho Trustees ￿eW at the date of 81gnlng th8 flnandal 8tatements1g that th8 Trust romains vkiblo and
remalns a going concem.
Plan• tor Futur• P•rlod•
De8Pite the nab'on81 un¢¢rtainty kn thè Ilght of CovhJ-19. thè Trust r¢malns commitled to delivtrlng its
core purpose of providing a pkn of quiet enjoyment for its visrtors.
Over th6 noxt fow years tho Trust and the landowner Wo b>)king to Improve fac1it￿8 wthln the County
Park. As part of thi8, projects are belng Identlf￿ and ￿OrtI￿Sed u8lrwJ infomwlion from the vlsitor
survey to take forward as funding bewne$ available. These projects Include Ihe provision of new toilet
fadlitsgs to repSa¢8 th8 outdated facilities in Ihe Flint Barn car park. Work on the now toilets stsrtèd In
June 2021.
The Flint Bam wll conlnue to operaie a café and ￿ events programme wlll also run through th• year
and will offer new education and other 8cINriies as r( ￿ntInUeS to d8vebp.
The Trustees are al looking forward to the fuiure with enthusiasm

The Whltllngham Charltable Trust
Company Llmlted by Guarantee
Trusts8$' Annual Report {Incorporatlng the Directorfs Report) (conthu
Year ended 31 March 2021
Trustms. r•sponsibllitl•s stat•m•nt
The tru8teos. who are also dlrectors for the pwposes of company law, are reSp(￿SIble for prepadng the
trustees. report and the financial statements in accordance wrth applicabk law and Untted lQngdom
Accounting Stsnd8rd8 (United Kingdom Generalty Accepted knwnting Practice).
Company law requires the charity trusloes to prepare financial statements for each year which give a
true and fair view of the slate of affairs of the Charitab￿ company and Ihe Incomlng resources and
applicatlon of resources, Includlng the income and 8xpendllure. fty that poriod.
In preparfng those flnanclal stal•monts. tho truslees ar8 required to:
Se￿Cl 8ultable accounlkffj polKlos and then apply them consbtenty:
obsenie the methods and princlples In th8 applKable Chaiities SORP.,
make judgments and 8ccounling estimates that are r8880nabb8 and prLthbt:
Slate whethor appll¢able UK Attountlng Stsrnlards h8vo been folk>wed, subpct to any mat8dal
doparture$ dl8¢losed and explalnod In the financlal st8tom6nts:
prepare the financlal statements on the going con(%m ba818 unle$6 It 1$ Inappropdato lo presume
that the charty wlll contlnue In Lw8lness.
The Iruslees are responsSble for keeplrvJ adequate accc4Jnting re¢ords that aro suffiGi•nl to $h¢)w and
explaSn the charws Iransath'ons and dLsclose reasonablo attur•cy al any timo the financlal
posltSon of the charlty and enable them lo ensure that tho finan¢ial statemonts comply with th8
Companies Act 2006. They are also responsible for safeguarding the a$s&ts of the Charity and hence
for taking reasonable Steps for the Prevent￿)n and deteckn of fraud and other Irreguloritbs.
Thls report h8$ been prepared In accordance wlth the provislons appllcable to companles 8ntitl8d lo tho
small companies exemptK)n. The trustees. annual report and the strategi¢ rèport wère approved on
17 November 2021 and slgned on behaw of the bDgrd oftru$loes by..
Mr R Bennett
Trustee
10

The Whltllngham Charitable Trust
Company Llmlted by Guarnnt••
Independent Examiners Report to the Membors of The Whltllngham Charltabl•
Trust
Y•ar ended 31 March 2021
I repori to the twstees on my examination of Ihe a¢counts of Thg Vthrtlingham Charitable Tru$t1lhe
company.) for the year ended 31 March 2021. vthich are set out on page$ 13to 32.
R•sponslbllltl•s and basls of r•port
As the trustees ol the company {and also its dtrectors for the purposes of company lawl you are
responsSble for the preparation of the accounts In accordance wtth the requlrements of the Companles
Act 20C* ('the 2006 Acr).
Havlng 8alisfied myself that the accounts of the company are not requred to be audited under Part 16
ol the 2006 Act and are ellglble for independent èxamination I report in respact of my examinatson of
your charfty's accounts as carfed out under section 145 of the Charitss Ad 2011 1.the 2011 Act'l. In
carrylng out my examlnallon I have folk)wed Ihe Diro¢tion$ given by Ihfr Chority Commission under
88Ction 145 {5Xb) of the 2011 Ad,
An independent examination does nol invofvo gathen.ng all the evidgnce thal wouhd bg r8quirgd in an
audit and ¢onsequenty does not ¢ovw all tho mattgrs that an auditor considgrs Sn giving Ihoir opinvjn
on the accounts. The planning and condud of an audit beyorKI the limilod a$$ur8n¢e Ihal an
Indgpendenl examinalM)n Can provide. Cons•quonlly, l express DO opinion as to whothar the accounts
pr$sont a'lrua and fair viow, 8n¢J my report is bmtted to those specffjc matters Set out in th8 independent
•xamino¢8 ststomont.
Ind•p•nd•nt •xamln•V• •tat•m•
I have ccthpleled ry 8x8mlnat*on. I confim) that no m8t8ri81 matters have come lo my attention In
conneclion wilh the examination gNlng me reasonable cause to believe that in any material respect..
accounting records were not kept In roV¢t of the ry)nwany as required by $e¢tM)n 386 of th8
2006 A￿. or
the accounts not acwd w￿h those rermls; or
the accounts do not compty wrth the accounting requirements of Jeth'on 396 of the 2006 Act
other thon any reQui￿rnent Ihat the accounts give a Inje and fair view whth is not a mattèr
Considered as part of an independent examination; or
the a¢¢ounts have not been prepared in acconlance with the m8thcrfJs and prlnciples of the
Slat8menl of Recommended Pr8¢tke'. A¢￿untr.￿g and Reporting by Charitie$ applicable lo
chartles preparlng Ihelr accounts In accordance with the Financial Reporting Standard
appllcable In the UK and Ireland {FRS 1021.
11

## 

## 

## 

## 



The Whitllngham Charltable Trust
Company Llmlted by Guarante•
Statement of Financial Activities
(Including Income and expendltur• aceount>
Yoar onded 31 March 2021
2021
Unrestrided Rostricted Endowrnent
funds
funds Totsl funds Totsl fund$
2020
Not•
In¢om• and endowmgnts
Donations and legacie5
charitab￿ activities
Other trading acifvllles
Investment Inco
Other Income
9,070
31.365
172,388
34,084
13.245
73,744
187.544
24.747
3,724
289,759
73,744
187,544
24,747
3.724
Tot41 Incom•
289.759
260.152
Ex￿ndIture
Expenditure on rai81ry funds..
Costs of other
trading activltles
Investment
managament costs 11
Expendlture on
charbtable actlvltle8
10
65.586
65,586
104,103
1,774
1,TT4
5.375
12
179.002
22.021
22,021
201,023
182.881
Total •xp•ndltur•
246,362
268,383
292,359
Net galnsl(lossesl c
Investments
14
165,106
165,106
167.6211
N•t In¢om•l(•xyndltur•)
and not movem•nt In funds
43.397
{22,021 }
165,106
186,482
<99.828)
R•conclll•tlon of fvnd$
Total funds brought fotward
Total funds carrl•d forward
328.810
659,054
637,033
955.602
1.120.708
1.943.466
2,129,948
2.043,294
372.207
1,943,466
Th• nots9 on p•9•• 15 to 32 p•rt of th•s• financial Stat•m￿.
13

The Whitlingham Charftable Trust
Company Limited by Guarantse
ststement of FinancSal Position
Year ended 31 March 2021
2021
2020
Flx•d as¥Jets
Tangible frxed assets
Inva8tment8
17
670,725
18 1.181.386
700,519
1,018,632
1,719.151
1,852.111
Currnnt assets
Debtors
Investments- COIF eharlty deposlt fund
Cash at bank ond In hand
176,089
166,750
80.974
123,506
186,750
98,710
388,966
423.813
Credltorn: amounts falllng du• wlthln on• y•
N•t ¢urr•nt a8••t•
21
{145,976) (164.651)
277,837
224.315
2,129,948
N•t a•8•ts
1,943,466
Funds of th• charlty
Endovmient fund8
Restricted funds
Unrestricted funds..
General funds
08sonated funds
Tolol unr•$trlct•d fund•
1.120,708
637.033
955.602
659,054
314,227
57.980
263.828
64.892
372,207
2,129,948
328.810
Totsl ¢harlty lunds
1.943,466
The financial slatemenls have been preparnd In aC￿rdan¢0 with the provislons applicab￿ to Co￿VanIa8
8ubject lo tho small comp8nles reglme.
The flnan¢lal ststements were approved by the tM)ard of trv$lees and authorlsed for168uo on
20 September 2021 and are swjned on behalf ol the board by:
Mr R Bemett
Trustee
Th• notso on pag•s 15 to 32 forni p¥1 ofthme financial stat•n•nts.
14

The Whltllngham Charitable Trust
Company Llmlted by Guarantee
Notes to the Financial Statements
Year ended 31 March 2021
General I￿orn￿tIOn
The ¢harity ts a wblic benefit entity and a prlvat6 mmpany limiled by guarantea, regi8tared In
England arKI Wales and a registered chartty in England and Wales. The address of the registered
office is CIO Adepta Limited, Hill Fwm. ￿rbY Road. Kirby B8don, Norwich. NR14 7DU. ErKJland.
stst•m•nt of compllance
These financ￿1 stslgmgnts havo ￿en pr&pared i) wnplianc• wrf(h FRS 102, Th8 Flnanclal
Reporting Stsndard appllca148 In the UK and the Republlc of Irelanrf, the Statement of
Recomrnended Pracllce applicable to ctharrtles preparing thelr accounts in accordance with the
Flnancial Reporting Standard appl￿ble in the UK and Republc of Irehnd IFRS 102) (Charflies
SORP {FRS 102}l and the Corrwanl8s Act 2006.
Accountlng pollcl
Ba•1• Of pr•par•llon
The financlal slatsmonts have be8n prepared on th8 hl8torlc41 cost ba815.
The flnanclal slatemonts are prepared in stth*ng. whkh18 tha functlonal currency of the entty.
The Trustges acknowledge the signrfl¢ant uncertainty surroundlng the duration of the Covld-19
naliwal pandemlc on the national eo)nomy and the Trusfs aclmtles. They wlll ¢onlinue to
monitor the Impact on the TnMt and Its financial arrangement8,
The Trust 81arted the current finandal year In a $trong fin￿CIal posltlon wrth 8 heallhy level of
re$erv6s. Th16 is exp￿1 to 8881st the Trust In doallng wlth the excepUonal cIr￿M$18r￿Qs of
thè present tlme.
The Trust also started the year annual budget based on prevlous levels of Income and
oxperKliture arKI a medium lemi financial plan. That budget is n(Y￿ obsc4818 gtv8n tha impact of
the pandomic, particularfy on c8r pa￿ng In￿me due lo the dosure ofth8 caf park8 for a perlc*J
oftime.
The Tw¥1 h88 been monltorfng Its cash flow monthly to ensure that It has sulThdent cash
resourGe$ to conllnue lo operale on a day to day basis. The Trust has prepared an emergency
budget for th8 year endlng 31 March 2022 in ￿pOnSe lo the Covid-19 pandemlc and has
considered rts medium lenn financlal plan for the perK)d at least 12 Th)nths from the date of
8igning the financial ststements.
Thg Trustees view at Ihe date ofsigning tho rmon¢￿1 statements Is that the Trust remaln8 vlable
and remains a going concem.
15

The Whitlingham Charitable Trust
Company Llmited by Guarantee
Not￿ to tha Flnanclal Statemants
Year ended 31 March 2021
ounllng pollGIo5 (conhnifv
Fund accounting
Unraslrfcled lunds are avallable for use at th8 dIScretK￿ of the trustees to further any ol the
¢harty'8 purp)$88.
Designated funds ar8 unrestricted fvnds fram)a￿ad by the trustees for par￿￿lar future project or
commitrnent.
The EftdoW￿nt fijnd rapresents eapital instalments receNed lo provide the pemianent captlal of
the charlty and cumuLative Increase in thè market value of the underlying investments. Income
eamed from the investmanl of funds ig lo be used to financ* d8y lo day running 8nd
Continued dovobpment of tt* charlty. NJI such income is creditad to thè unreslriclèd ger￿rnI fund
on re¢elpl.
Restrtcted funds are created when grarrts, Incom8 and donatlon$ arg r8cgiv8d for a pÈrtlcular
purpose, th8 use of which Is reslrfcted io that purpose. The aim and uso of 98ch rgstrictad fund Is
set ￿J1 In rK)te 22 to the financlal statements.
Restrfcted funds arn subjected lo re8trlcllon8 on their expendllure declared by the donor orthro
the lerm8 of an appeal. f811 Into OM of two sulKI88898'. rnstrlcted Income fvnd8 or er)dowmont
funds.
Incomlng r••ourc•a
All Inc4)ming resour￿8 are induded in the statemgnt of financlal actMll8s when entlllgmont ha8
pa88ed to the charity,. it is probable that the economic benefits assoclated wlth the transadion will
flow to th8 charity and the amount can be rellabty me88ured. The foMowlrvJ specffic p)licies are
applied to particular calegories of income:
Ino)m8 from ¢h8fitsble a￿￿11e$, donotions or Grants are re¢ognised ￿en there Is
of entitbment to the grfl, re¢eipt ts probable and its amcmjnt can be m8a$ured rellabty.
from donated goods Is moasured at the fair value ol tho pood¥ unle88 this 1$
Impractical io measure r91iabty, in which the value darwed frryn thg ¢OSt to the donor
or the estimated resale value. Donated facilibfrs and $er¥w5 are r8cogni5ed in the a¢¢ounts
when received rf the value can be reliably measured. No amounts are included for the
contribution of gor￿ra1 volunteeTr.
Inv88tments and other Inc￿18 are induded *fi8we recep￿LIe.
Income from tradwig activiks Is accounted for when eamed.
16

The Whitlingham Charltable Trust
Company Llmlted by Guarantee
Notes to the Flnan¢lal Ststom•nts (r(
Year ended 31 March 2021
Ac¢ounilng poll¢lM
RM¢)ur¢•s •xp•nd•d
Expenditure is recognised on an accruals basis as a fiability is in¢x4rred. Expenditure InC￿deS any
VAT which cannol be fulty recovered. and is da$sWled urvjer headings of the statement of flnancl81
ac￿lti&8 to whth it relates:
Expenditure on raising fijnds includes tho c£*ts asso¢lth with ￿ant applrcations, managin9
investments and generating donatk)ns and Ony other related costs.
Expenditure on charitable activilios Incl￿88 all c4)sts infwrred by a tharity in undertaking
adlvrtle8 that further its charitablg alms for the benèfit ol Its benefftlarigs, in￿dIng those
supwt C08ts and costs relating to the govemaneA of the charty apportK)ned to charitable
8ctivitiO8.
Olher exporbdrture includ•$ all expondlture that is neiiher relal8d lo ral8lng funds lor Ihe
charty nor p8rt of its 8xwndiiure on charitable aclr4ib88.
Support (a)sts are alloc4ted befvmn Iho •xpandiluro ¢atogorfo6 ofthg Statement of Financial
Activibes on a buis deS￿ned to pn¥ortion ¢08ts withln each headlng.
Op•r*llng I••A••
L0888 payment8 are recognbsad as an 8xr¢nso over tho loase lem) on a stralghl-fine ba818. Thè
aggregate benefft of lease IncenUv8818 reC￿gnIS•d as a roduclion to expènse over tho laa8• tarrn,
on a slraighl-line bas18.
Lease Income is r8cognl8ed In Income or expendlture on 8 Stralghl line basls over the lease temi.
The aggregate cost of lease Incentives aro rocognlsod a$ a reduction to income over the lea88
lenn on a stra￿h1￿{ne basis. Costs. indudlng d&pre¢￿￿On, Ineurred in earning Ihe ￿880 Income
are recogni38d as an axp¢nse. Any initlal dlre¢t costs inojrred in negotlatlng and arranglng the
operating lease are added to the carrying amounl oftho16as6 and reo)gnis8d as an expens8 over
Ihe18ase lemi on the same ba818 as th818aso trKom8.
Tanglbl• u•ets
Tanglble 8888ts are Inilialty rwded at cost. and subsoquontly stated at Cost le88 anyaccumulated
depr8ciallon and impaimient losses. Any tsngible assets carried at revalu&J amounls ar8 recorded
at the fair value at the date of revaluatK)n less any $ub3equent accumuL8ted depreclatlon and
subsequer•t accumulated Impalm)8nt losses.
D•pr•clatlon
Depreci￿On Is calculated so a8 to wrfte off the ¢ost of an le88 Ils residual vakne, over the
useful economlc Ime of that as881 as foUow6.'
Land and buildings
Tractor Mower
Fixiures, fittings aThJ
gquipment
Pawlion and Galor Buggy
Toilet block
2% - 5% por annum straight lin
25% per annum reducing ba￿nce
25% per annum reducing baiance
25% per annum reduryng balance
10% per annum ￿tra￿h1 line
17

The Whitlingham Charitsble Trust
Company Limited by Guarantee
Noto5 to the Flnanclal Stat•mants (tonth￿
Year ended 31 March 2021
AKounttng pollclos (wthx
Listgd investments are measuwl at tsir value wilh dw)ges In fair value belng re¢ognlsed in
income or oxpenditure.
Impalrni•nt of flx•d as••t*
A rovlew for IndF¢ators of Impalmient Fg carrled out at each reporting date. wilh the recoverable
amount being esumaled *there such Indkalors exl$l. Where the carying value ex¢eeds the
recoverable amount, the asset is impaired accordiwty. Pr￿ impain6nts are also revlewed for
possible reversal at each reporling dats.
For the purposes of impairmenl testing. when rt is not Posslble to e8timat8 the recoverabl8 amount
of an indlvldu81 asset. an estimate is made of the recoverable amount of the cash-generating unit
to which the asset bek*ngs. The cash*eneratsng unit is the smallest identifk9ble group of assots
that includ85 the 88Set and generates cash in1k)￿ tr￿t largety inde￿ndent of the cash Infbows
from other 8888ts or groups of assets.
Flnanelal In8trum•nts
A financlal asset or a flnanclal llabllity Is reo)gnlsed onty when the ¢Wty becx)m98 8 paty to the
conlraetual provisions of the instrumont.
Ballc flnand81 Instrumants are initialy ro¢ogni88d at ts amount ro¢olvablo or payable induding
any r8lal8d trans8Ctlon CA)St$.
Current assots and current118billtios are subgequenlly rneasured at th8 Cash ￿ other ￿nsiderat￿)n
expo¢ted lo bo paid or recelved arkl not discounted.
Whar¢ Investments in shares are publidy traded or their fair value can otherwise be measured
roliabty. the Investmonl 1$ $ubwu•ntly measured at fair value ￿th changes in falr value
reo)gnised in income and expenditure. Al oth8r such investrnents are sthequently meaBured at
Cost kns wnpaim)ent.
Flnanclal assets that are measured at cost or amortised cost are reviewed for objective evidence
of Impalmienl at the end of eath reporting date. If there is obiectrve evidence of impairment, an
Imp81rment loss Is rewnlsed under the appropriate heading in the statement of financial actlvitie$
In whlch the In1￿81 galn was re(xigniged.
For all equty instruments regardbss of signfficance, and other financial assets that are Indlvldual
8lgnrfi¢anl. these are assessed individually for Impaim&nt. Other financlal assgts are elthor
assewd indlwdually or grouFed on Ihe basls of Simllar credn dsk chaTaclerfstlc5.
Any reversals of impaimient are rec(MJni8ed imrnedia181y, to the extent that the reversal does not
resum in a carrying amount of the finanaal asset that ex¢eeds %that the ¢anyng amount would
have been had the Impalm￿nI not previousty been recognlsed.
18

The Whitlingham Charltable Trust
Company Llmlted by Guarantee
Notes to th• Financial Statements
Year ended 31 March 2021
A¢¢ountlng pollcles
Judgomonts and key Gourc•s ol ostlrnatlon uncortalnty
The preparation of the finanCh￿ statements requires managomont to make ludgernerrts, estimates
and assumptions that affact tha amounts r8wrtod. Thesg estimal&s and judgements are
continually r9WgW9d afKI arg based on experience arKI other factors, inc4uding expectatk)ns of
futura avgnts tlwt aro bglievod to bo reasonab￿ under the circumsLqnces.
Critical accounting estimates
The Trustees have considered Ihal rK) aff￿nt will be due al yaar end to a supplier with whom
they ended Ihe managemanl contract of its car parks on 31 March 2019.
Crfll¢al areas ofjudgement
The Iwsloes have consNl•red there to bo no ult￿al areas of judgwnent to disc108e thln the
Stal•mgnt of hLcounl
Llmlt•d by guarnnto•
The Trust Is a charftable company. Im118d ty guaranlee. Every memb8r of the company Is
guaranlor and und8rtake$ lo ¢onln"bute lo th8 assets of tho WnP84ny in the event of it being wound
up wllh a defi￿t of funds. such as may b8 raquired up to the limlt of Ihoir guar8nto0. Each
guaranlo¢s liabllty Is Ilmited to £1. As at 31st March 2021. there wore four such momb8r8: &r
Tlmolhy Colman. Jamas Cth)an. ChrIsto￿r Penn tha Broad$ Authority.
19

The Whitlingham Charitable Trust
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2021
Donations and lryaGies
Unrestricted Restricted Total Funds
Funds
Funds
2021
Donatlon•
Donations
Grants that provkle core lundiry
Unrgstrictsd
Funds
Rostrictgd Total Funds
Funds
2020
Donatlons
Donations
Grants that provide core fundi
3.070
s.000
3.070
6.000
8,070
9.070
Charftabh actlvltl
Unrestrl¢tod Totsl Fund• Unr86tr1¢ted Total Funds
Funds
2021
Funds
2020
Lotting of propaty
Forest schools
73.744
73.744
28.730
2.635
28.730
2.635
73.744
73.744
31.365
31.365
Oth•r tradlng •thltl••
Unrestrlcted Tol•l Funds unffj81r￿ted Total Funds
Fund$
2021
Funds
2020
Car park charge$
Other events
186.544
1.000
186.5M
1.000
171.730
658
171.730
658
187.544
187,544
172,388
172.388
Investment Incomo
untes￿1￿d Totsl Funds UnrestriGted Total Funds
Funds
2021
Funds
2020
Income from listed Investrnents
InC￿rne from cash Inveslments
24.609
138
24.609
138
33.096
33.096
988
24.747
24.747
34.084
34.084

The Whitlingham Charitable Trust
Company Limited by Guarante•
Notes to the Financlal Statements (¢onthu•d)
Year ended 31 March 2021
Other income
Unrestri(*ed Total Funds Unrestiicted Total Fund8
Funds
2021
Funds
2020
0th8r income
3,724
3.724
13.245
13,245
10. Costs of oth•r tr•dlng actlvftl
Unrgstrictsd
Funds
Rosldcted Total Funds
FurKI$
2021
Costs of other trading actiwties
65.586
65,586
65,586
65,588
Unrestrlcknd Restrlcted Total Funds
Funds
Funds
2020
Costs of other trading a￿l*￿tio$
103.103
1,000
104.103
103,103
104,103
21

The Whltlingham Charitsble Trust
Company Llmltod by Guarant••
Noles to tho Flnan¢lal Slatements (ronthu
Year ended 31 March 2021
11. Inv•slmgnt managament costs
UnreSIr￿l8d Total Funds Unrestrictsd Total Funds
Funds
2021
Funds
2020
Portfolio managoment
Support costs
1,652
122
1.652
122
4.615
4,615
1.774
1.774
5.375
5,375
12. Expèndlturo on charltabl• actlvftlu by actmty and fvnd typ•
Unr6$tricl8d
Funds
Restricted Total Funds
Funds
2021
Advice and InfOrMa￿On
Man8gemant of WCP
12,688
166,314
179.002
12.688
188.335
22.021
22.021
201.023
Unrastrictad
Fund6
Resth'cted Total Funds
Funds
2020
Advlce and infonnaoon
Management ofWCP
47,289
113.571
47,289
135,592
22,021
160.860
22.021
182.881
Wfth effect from 1 April 2020, The Trust er¥Jaged the seNices of HK Countyslde Management, The
¢ost for Ihls is a monthty IL¥ed charge plus quarterly ffixed seNice charges. These charges cover servl¢es
Includiw site maintenance. risk assessment. event management, general a¢Jmini$trab'on, adv8rtl$lng
and Small project funding.

The Whitlingham Charitable Trust
Company Limited by Guarant••
Noies to the Financial Statsments (c9nthM￿dJ
Year ended 31 March 2021
13. Analys1$ ol support ¢o•t•
Advice & Management manageff￿l Trading
Inf0M￿tIon
of WCP
costs activities Total 2021 Total 2020
Govemanco costs
Insurance
ProfessionaVl&aal
fees
Managemenv
Admlnlstration char
5,371
1.861
2,662
7,288
10.427
7,639
7,769
72
12,477
12.477
20,862
22,996
12.492
13,055
122
4,523
30.192
59,266
14. gaIn￿{lO1¥•I1 on Inv•slm•nts
Endowment Totsl Fund• Endowmgnl Total Fund8
Funds
2021
Funds
2020
Gainslllosges) on Msied investments
165.106
16S.106
{67.621)
(87,621)
15. N•1 Incom•l{•xp•ndltur•
Nel incomellaxpondltur8) Is stated after charglng:.
2021
2020
Depreclallon of tsngSble fixed assets
Operaling loase rentals
Indèpendent gxarninalon fees
29.794
12,470
2,9)0
31.414
12.470
2,900
23

The Whitlingham Charitable Trust
Company Limit￿ by Guarantse
Notes to the Financial Statements (¢onthM*dJ
Yoar endod 31 March 2021
16. Trusteea remun•rallon
No remunerntion or other b￿fft$ frrmn empbyn￿I *rfth ￿ ¢harlty or a related 8ntlty were
received by the truslees.
17. TangIb￿ Ilx•d asB•ts
Fixiurns. Pavil'on and
Tractor- Illtings and
Gator
Mchver $*3nag8
Buggy Toilet bkxk
Land and
ildings
Tolil
Al 1 Aprll 2020
and
31 March 2021
979,113
23,875
31.958
7,427
29,153 1.071.526
D•pr•¢latlon
At 1 April 2020
Chawgg for thé
y88r
311,878
13,523
26.874
3.428
15,304
371,007
22,021
2.588
1.270
2,915
29.794
At
31 March 2021
333,899
16,111
28.144
4,428
18,219
400,801
C•rrylng amount
At
31 March 2021
645,214
667,235
7.764
10.352
3.814
10.934
870,725
At 31 March 2020
3,999
13.849
700,519
All F5xed Ass81$ ar6 hekl for charltsble purposes. The fand occupled by the Tru8t18 subject to
tong term lease as per historical agreements. R w88 acquired al no cost.

The Whltllngham Charltable Trust
Company Llmlted by Guarantee
Not•5 to the Financial S￿￿•M•n￿
Year ended 31 March 2021
18. Invostments
Fixed asset investments are held at thelr fak value. These falr values are provNJed by Barratt &
Cooke $li)ckbroker¥.
2021
2020
Mark•t value
At 1 Aprll 2020
985,7
1.084,851
Addltions
Dl8posals
176,658
{173,6501
140,104
(171.5441
Rfjall$8d galnsll10688$1
21,878
{776)
Unro8118od gakn81(h)￿)
143 228
1,153,904
985,790
Cash doposits
A8 at 31 March 2021
1018632
Market value can be anatysed as lollows..
UK flxed Inlere8168curltle8
184.763
177,498
UK Ilsled 6quities and unil tnJ8ts
808,292
1.153.904
985,790
Cash deFoslts
32.842
1 181386
1018 632
The hlstorkal cosl of investments Can be analys8d as I￿10￿."
UK fixed Inter6$1 securltles
179.053
175,950
UK listed equltS8s and unlt trusts
630.950
829,618
806.9)0
Cash deposlis
27,482
32.842
857.100
839.742
25

The Whltllngham Charitable Trust
Company Llmttod by Guarantse
Notes to the Flnancial Statemonts (¢w•thMMdJ
Year ended 31 March 2021
19. D•btors
2020
Trade debtors
Prepayments aThl accrued income
Other debtors
51,349
124,740
3,087
119,292
1,127
176.089
123,SC
Wlthln prepaymgnts and accnjed Inc￿70 of£124,74012020.' £119292). £29.030 relates to accrued
Income which has been reduced by a provigion for bad dèbL
20. Inv••tm•nts
2021
2020
COIF deposlt account
166,750
166,750
21. Cr•dltor•: amounts falllng du• Tmlthln on• y••r
2021
2020
Trade credrtors
Accruals and daf•￿•d Incomo
Other creditors
81,192
86,437
18,347
145,976
88.047
76.102
502
164.651
D8fefTed income relates to 8oathou88 Rent of £nll {2020: £1.676) and Outd(y)r Education Centre
of £nil (2020- £3,650).
Incorne In advanco..
2021
2020
Balance at 1 Aprll
Amount released to income in the year
Amount deforrad in Ihe year
5,326
{5.326)
28,738
(28,7381
5,326
5,326

The Whitlingham Charitsble Trust
Company Limited by Guarantee
Notes to the Flnanclal Statements (¢¢)nlbxrndJ
Year ended 31 March 2021
22. Analy•i# af Gharilabh fun
Unrestrlct•d funds
Al
1 Apr 2020
Gails and
losse5 31 Mar 2021
Irthme Expendnure Transfe
General funds
Designated funds..
Fixed Assel fvlur8
Spend
Donated Assets
Wood18nd
management
Fixèd Ass8t
263,828 289.759
<239.360)
314,227
27,087
27,087
2,999
(1.000)
7,701
26.195
7.701
20.193
(6.002)
(246,362)
328,810
289,759
372,207
At
1 Apr2019
Galns and
At
10680$ 31 Mar 2020
Income Expendtturn Transfors
General ftjnds
Flxad Asset fvlure
spend
Oonaled As$el$
Woodland
managamfrnt
Flxed As80t
265.650
259,152
{260.974)
263,828
27,087
5,332
27,087
3,999
{1,333)
7,701
33,226
7,701
26,195
17.031)
(269,338)
338,996
259.152
328,810
27

The Whitllngham Charltable Trust
Company Llmlted by Guarantee
Notes to the Financial Stat•m•nts
Year ended 31 March 2021
22. Anatysls of charltabh funds
General fund
The General fund represents surpluses held in reserve to ensure that the continued operalth of
the Trust for the iMM￿late future 16 r&880nably assured.
Fixed Asset lund
The Fixed Asset fund has boen ¢reatod to Cover the Mst of major capital Items In¢lud*ig the toilet
blt)ok facillty and the Iractor-mower, the balance of which Is reduced by the annual dopreclatknn
t*arge.
Flxed Asset future spend fund
The Flxed Asset fvturo spend fund repr858nts lh¢ surpbJ¥ dosignated to 811 captst asset purchases
golng forward within Country Park.
Donat8d Asset fund
The Donated Assellund holds the fa[rva￿e of8s8ets don8ted In tho year and on wN¢h th8 balance
18 reduced ty the annual do￿all0Th dwrga.
Woodland Management fund
The Woodland Managemonl fund represents YK¥Jmo rOCONed from the sa18 of tlmber as a rfysult
of the d8aranc6 of woodlaTrJ per the Woodland Management agreement whlch wlll b• usod to
fund further works.
R••trl¢l•d fund•
Galns and
k)sse8 31 Mar 2021
1 Apr 2020
Ino)me Exp8ndlture Tran8fer8
Moonngs
Visrtor kn11t￿3
development
Orienteering
Course
Willow Weaving
22.201
(4.064)
16.137
638,386
<17.957)
820.429
397
70
397
70
659,054
(22.021)
637.033
Gains and
losses 31 Mor 2020
1 Apr2019
Incorne Expondllure
Transfer5
Mooring$
IT￿lI0r facilities
developmenl
Orienteering
24.26S
1,000
(5.W)
22,201
656.343
(17,957)
638,38
397
70
397
70
Willow W9aving
681.075
(23,021)
659.054

The Whltllngham Charitable Trust
Company Llmlted by Guarantee
Notes to th• Flnanclal Statsm•nts (¢0othw
Year ended 31 March 2021
22. Analy81s of Gharilabh funds (¢onlkni•dJ
Moorings fund
The Moorings fvnd IM)kJs funds re¢eNed spe¢ifiGalty fot Iha purposo of ¢onslructing 24 hour
moorings within the pa￿. The fund balanc8 15 reduced by the annual deprecathM charge.
Visitor facilities devebpment fund
The Visitor fa¢ilities devewnent fund represents grants recep￿ specrfically for the purpose of
the contractlon of the Visitors Centre. The fvnd baLqnce is reduced by the annual deprecAatlon
charge.
Ilow Wgawng fund
Thg Imllow Weaving fvnd represents a grant recefved from the "Natlonal Lottery Awards for All"
whkh is 8pocrflcalty almod at gnhanclng the skllls of th8 volunl8er8 who undertake cg)nservatlon
and ground$ at Whitllngham County Park. Exp8nditure from the funds toward8 the cost of
mat8rfals and dg1fv9ry of the project from a spe¢ialisl training provider in the conslruction of willow
hurdles and wlllow sculpture.
Orlentating Interpretthn fund
The Orientats'ng Interprelalion lund r•pros6nts a granl ratthod from South Nomial Councll toward$
the re-installation of oriantatng p08ts and Wbtsrprgting signs around the County Park.
Endowment fund
The Endowment fund ropresonts bng tèrm capital ol the Trust. Interest 98nerated from
knveslments hdd In the Endowynenl fund18 usod for tllo d8y-to48y runnlng costs of the Trust.
Endowm•nt fund•
Gaths and
1088e8 31 Mar 2021
1 Apr 2020
Income ExpendSture Transfers
Pemianent
Endowment Furn
955.602
165,106 1,120,708
At
1 Apr2019
Gakns and
At
sses 31 Mar 2020
In¢on1e Expendlture Tfansfefs
Permanent
Endowment FurMI 1.023,223
(67,621)
955,602

The Whltllngham Charitable Trust
Company Llmlted by Guarantee
Notes to the Flnanclal Statsments
Year endod 31 March 2021
23. Anatysls of n•t ass•ts b•tween fund$
Unrestricted Restricted Endowment Total Funds
Funds
FuTrts
Funds
2021
Tanglble ass8ts
Investments
Current assets
Creditors less than 1 year
N•t ass•ts
34.159
139,130
344,894
(145,976)
372.207
670,725
1.181,386
423,813
1145,976)
2,129,948
1,042,256
78,452
637.033
1,120.708
Unro8trkted
Funds
Ro8trlctad ErKltywment Total Funds
Fund8
Funds
2020
TangSble fixed assets
Investments
Current assets
Creditors195S than 1 year
N•t a8s•t8
41,932
121,413
330,116
(164,651)
328,810
658.587
700.519
1,018,632
388.966
1184,651)
1,943,466
897.219
659.054
955,602
24. Op•rntlng loa8• commltm•nts
Ai l••s••
Tho lotal fufvre mlnlmum ￿$8 payTh8nts under n¢M-¢anrAlable oporatiry1oas6s ayo a8 followB:
2021
2020
Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years
12,470
49,880
773,140
12.470
49.880
785.610
835,490
847,960
The land of v1h￿lIngharn County Park i818ased to the Trust under bng-term leases with annual
peppercom ront8.
30

The Whitlingham Charitable Trust
Company Limited by Guarantee
Not•s to the Financial Statements
Year ended 31 March 2021
A• l¢¥sor
The total future mlnlmum lease payments rKeivable under non4ancellable operatlng leases aro
as follows..
2021
2020
Nol later than 1 year
Later than 1 year and not later than 5 year8
Later than 5 years
15,134
60.536
475.481
15.134
60.536
490,615
566.285
551,151
The oper8ty.ng leases repr￿ent thè 188s8s ftjr the lea88 of land for Vlhitlingham Boathouses
FoUrKI￿On Ltd (for construction and use of a boathouse) and the lea88 of land for the Outdoor
Educalion and Aetivkty Centre. The 18ase8 are negotiated ov8r a t8m of 78 y6ars and 15 years
25. Contlng•nt Ilabllltl••
Durlng the 2019 financ481 yoarlho Tru$l lernilnatad a contract as a result of underperfonnance and
hove made a dalm agalnst the contract provider In resp8cI of amounts due to the Trust. In
re8pon$o, tho rthrador has madg a counter claim agalnst the Trust for br8ach of contract. The
Trust has lak•n apwopri8to legal advice and believe they are In the strong posltlon to defend the
clalm. Legal and ¢ommer¢lal dis¢usslons are ongolng and at the cuwent tlme no provlsion h88
bean made In the financial $tstom8nts in respec* of the cLglm 8gain8t the Trust as the amount of
any transfor of eo)nomi¢ ber*frt. if any, e4nnol be measured relably. There Is therefore both
Conlngent assel and ¢onlingenl labil'ty in existenca at the date of approval of flnancbal
stslements.
26. Flnan¢lal In•lrum•nts
Tho following Catewrios of finanraal instsuments are carried in tho balanco sheet
Flnan¢l*l a•••ts:
2021
2020
Moa8ured at falr va￿8
1,153.904
985,790
31

The Whitlingham Charitable Trust
Company Llmited by Guarantee
Notes to the Financial Statements
Year •ndod 31 Mar¢h 2021
27. Capltsl Commitments
2021
2020
CapRal experKlllure on langible assets contra¢led for but Tr)t
Prowded In the financial statements
22.250
The capital commitmgnts shown abovg rèlates to contractual obligations to dev8k>p the extemal
tOl￿t for repairs and enhancemerts.
28. R•1•1￿ partl•s
The Broads Authorfty wa8 a momber ol TrL￿1 and provlded management and admln18tratlon
$ervl¢&s throughout the yoor for £nil12020: £41.462) rKharged at cost. Tho balanc• oulslandlng
at the year end was £nll {2020'. £9,549).
The Broads Authorty provlded a rechargo soThice for wrchase Involcas and ranger $èNSc88 of
£nll12020: £126,935). The balance outstanding al the year 8nd was £nil (2020: £4,318).
The Trust invoKèd the Broads Authoffty £720 for the lea88 of mtx)rings {2020.' £15.880 for the
lease of the Visilor Centre and moorings}. The balan(% outstandlng at th8 y8ar erMI was £720
(2020.. £nll)
Ouring the year the Tru8t rented the Flnt Bam from a famty trust ￿)nnected wlth Mr J Cdman.
The building ￿ rented under a long tem lease {operating ￿a￿ts- nots 241 tsndértem8 negotiated
on an arms4ength basis. The rent due during the year was £12.470 (2020.. £12,470). The amount
outstandlng al the year end wa8 £nll (2020.. £nM)-
Ourlng Ihe year the Tn￿t re¢efved a donatbon of £1.000 (2020: £nll} from Palnt Out Llmiled, a
¢ompany that Mr J Colman Is tho SO￿ dire¢tor and sharoholder of.
29. Vo￿nta•r contrlbutlon
Throughput the year, there were an average of 12 - 15 volunteers dedTrcated 1.500 hours to the
Trust (excluding events and school groups). Volunteers have continued to assist in the
maintenance and overall improvements arourKI Ihe Park through regular vegetation management,
Ititer picking, fijmilure repair and replacemenL InvasNe species ￿ntrol and visual Sit8 inspections.
32

The Whitlingham Charitable Trust
Company Limited by Guarantee
Managemant Infomiatlon
Year ended 31 March 2021
Th• followlng pag•s do not forni ol tho flnanclal stat•m•nts.
33

The Whitlingham Charitable Trust
Company Llmitsd by Guardntee
DetaSled Statement of Financial Activities
Y•ar ended 31 March 2021
2021
2020
Income and endowm•nts
Donatlons and legaci•s
Donations
Grants that provide core furwjing
3,070
6,000
9,070
Charltable actlvlll•s
Letting of properly
Forest schools
73.744
28,730
2.635
73,744
31.365
Olh•r trodlng •dlvttl
Car park ¢harg8s
Other ovonts
186.544
171,730
656
187,544
172,388
Inv••tm•nt Incom•
Income from Ilsted knveslments
Income from cash knveslm8nts
24,609
138
33,096
988
24.747
34.084
Oth•r In¢om•
0th6r Incfjmo
3,724
13,245
Total Incom•
289,759
260.152

The Whitllngham Charltable Trust
Company Llmltod by Guarantee
D•tall•d Statement of Flnanclal Activities {¢¢)nthMi•47
Year ended 31 March 2021
2021
2020
Ewndltur•
Costs of oth•r tradlng a¢tlvltl
Support costs
Events
Car park managmnt tse
4.523
14,726
1,177
88.21)0
61.063
65.586
104,103
Invo8tm•nt manag•mènt Costs
Portfolio m8nagem8nt
Support Costs
1,652
122
4,615
1,774
5,37S
Exp•ndllur• on charltsbb actlvltl••
Oporatingloases
Sit• managomonl
Sundry
Deprecialton
Irrecoverable VAT
Support costs
Mark&ting costs
Ranger salarios arKI costs
145.245
60
29,794
30
25.547
47
300
41,462
121
31.414
20.495
43.679
100
45.608
201,023
182,881
Total •xp•ndftur•
268,383
292.359
Nèt galnsl{lo$se5) on Investment8
Gainslllosses) on lisl8d investments
185,106
{67,6211
Nat In¢om•l{•xp•ndttur•l
186.482
(99,828)
35