Company reglstratlon number 02459323 (England and Wales) Charity reglstratlon nurnr 900339 (England and Wal•sl GAIA HOUSE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
GAIA HOUSE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees T Blanch A Lacey P Suthertand P Stevenson A Rodogovsky S Alyce J Hodd8r V Murphy Se¢retary T Blanch Country of Incorporatlon United Kingd¢Jm IEngl8rtd and Wales) 02459323 Charlty registr8tlon England and Wales 900339 Prfnclpal address Gaia House West Ogw811 Newton Abbot Devon TQ12 6EW Reglstered offl Gaia House West Ogwell Newton Abbot Devon TQ12 6EW Audltor Streets Audit LLP Tower House Lucy Tower Street Lincoln Lincolnshire LN1 1XW Accountants Rupp & Fraser LLP 7 St Paul's Road NevAon AbLN)t Devon TQ12 2HP Bankers HSBC Newton Abbot 42 Courtenay Street Newton Abbot Devon TQ12 2EB SollGltors Tozer Broadw8lk House South8mhay West Exetsr Dw)n EX1 1UA
GAIA HOUSE TRUST CONTENTS Pag• Trustees, rep)rt Statèment of trustee5' responsibilibes Independent audrto¢s rewt 10-12 statemenl of flnanclal activltlas 13 Balance sheet 14 ststement of cash flows 15 Notes to the fin8nfAal ststements 16-28
GAIA HOUSE TRUST TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees present their report and financial statements for the year end8d 31 December 2025. The financial statements have been prepared In a¢cord8n¢e with the accounting policies set out in not8 1 to th rinanaal slatements and comply with the charitys goveming document, the Companies Act 2006 and 'AccoLJnting and Reporting by Charities.. Statement of Recommended Practice applicable to charityes preparing their accounts in accordance wth the Finandal Reporting Standard appliable in the UK and Republic of Iraland (FRS 1021" {ès amanded for accountlng periods Mmenng from 1 January 20161 Oblo¢tlv•s and a¢tiviti8s Our purposes are sal out in the objects within our memorandum of assodalion, and are.. To preserve, protect and enhance physical. mentsl. emotional and splritual health by the provislon of centre for the instruction and practice of meditslion. To provide education and instruction in meditstion. In pursuit of these purposes, we aim to provide a year-round programme of residential and online meditation retreat5 and events of varwng length led by teachers from drfferent backgrounds. The meditation and instruction are all drarn from the Buddhist tradition. We are not sectarian but primarily draw upon teachings that are compatible th the contemporary Vipassana or Insight IAeditation tradition and its focus on meditation as a beneficial Irar)sformalive process, with our retreats Concentrating primarily on silent meditation rather than a riluakbased or liturgical conlenl. To maintain an inspiring and reflective environrrienl for our treats, we also aim to support Ihg resident stsff who Care for those who stay with us and do the day-to-day work of running the house,. we aim to look after the grounds and fabric of the retreat centre-, and lo maintain Silence withln the house and gardens. We aim to make retreats and other activities accessible to all, subsidising and offering flnanctal assistance with the cost of retreats for people for whom the cost is too hlgh. Ensurlng our work dalivors its aims Each year wg revigw th8 SUCC8ss8s and otherwis8 of Ihe previDUS yearfs programme as we embark upon compiling the next ye8¢s programme. After each retreat we ask retreatanls to complete feedback forms. and we note comments on our administration, facilits'es. the quality of teaching, and the types of retreat on offer. Our resident staff are central to the success of our centre, so they have regular supervision sessions from department managers which provide opportunities for feedback from them. The Tearh¥r Council members provide advice and feedback on our strategic development, the quality of the programme and the quality of the environment offered by our buildings and grounds. Trustees, teachers. the director and staff work closely logelher lo ensure that our activities are aligned with our objects and that we comply with the Charrty Commission's gui(lance on public benefiL The focus of our worf( We continue to develop our Meditation programme. we are working to make our offerings available to people of all backgrounds-, and to are for our buildings and ground5. We work in a way th81 eml)odies our ethical principles, based on compassion and nontharming. ongsIde the intention lo enhance wellbeing we bring into the instructy of medltstion an awareness of our impact upon others by taking care to lessen our environmental Impact. We aim to offer a balanced residential Retreat Prograrnme that caters for those new to m8ditation as w811 as those vtho are more exPeriend. Residential retrealants are normally accommodatéd in 8 r8nge of single, dwble and dormitory style rooms. One wing of the house is sel aside for individuals to corne on sew-directed meditation retreats of one week or more whilst receiving instruction from our teacher in residence. We also offer a varEty of Cline and Iwestreamed rgtreats.
GAIA HOUSE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 We aw committed to enhancing our offering 2nd making it more widely available to a wore diverse population and moving our events online has conlributed to this signrficantly. Gaia House has a Diversity and Irsdusion Working Group that explores the ways we might pul up unintentional barriers to people who may benefit from G813 House offers. This working group has devek)ped resourc85 and explored training OPPDrtunities to raise our collective awareness of prejudice and prlwl8ge, and ways that unconscious mmUnICation and action mlght leave people excluded from our offerings. We 5UPPOrt new teachers by inviting them to lead short retreats as well as working alongside experienced teachers on longer retreats. This ensures thal there are sufficient teachers available to lead retreats and provide us With support in the longer term. In addition lo our policies and procedures that help lo safeguard vulnerable adults who might com8 lo Gaia House. our induction and training offers stsff and teachers support in taking appropriate care of everyone who vislts as well as our responsibilities lo prevent and rèspond to safeguarding issues. We us8 a variety of media to cornmunicate with those who use our seNces lo ensure that their needs are met and that they havo a sense of being well IoDked4fter. Our website is regularfy updated and contains dear infomiation about ovr prices and the subsidies we offer in order to support those for whom stsndard prices are bo high. We use email nevLsletters and social media alongside our website to ensure that those who wish to keep in touch with our offerings and activities are kept up to date during the year. We publish our yeady programme on our website in parts,. the first quarter is published in the summer of the preceding year and the remainder of the programme in autumn. We circLJ18te a printed programme to our mailing list. anij on request, to other meditation centres and medilabon sitting groups in the UK. We continue to maintain the Grade 2 list8d building, which we occupy, and manage the grounds uslng organic gardening methods. Our team of resident staff play a k8y role in SUPPOTbng those vtho stay at Gaia House on relal and taklng care of the building. We provide them with a support package lo ensure that they are able to live and work here whilst still finding il a rewarding and fulfilling experience that contrlbutes to their own well-being. In accordance with the tr8dition of insight meditation our teachers offer their servi$ free of charge. At the end of retreats the retreatants are invited lo make donations to the leachers to help them with their living costs. This hdps Us keep our prices low whllst sllll being able to offer retreats led by experienced and well-known teachers. Public benefft The trustees have pald due regard lo guidance issued by the Charity Commisslon in decbding what activities the charity shoukj undertake.
GAIA HOUSE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORD (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Signlficant Actlvltles In 2025, our retreats at Gaia Houso have been largely fully booked, many with wailing lisl5. The varied programme of gnline retreats and events throughout the year ha5 evolv8d and be¢ome more inlegraled with our in*et50n retreats and includes a popular, free, daily Morning rneditalion. This together wth a number of similarly free online talks has built a stable online practice conimunity. In-person retreats slill provide most of the charity's income, however¢ our online events now bring in a significant part of our income - allowng us to make more of our offering5 financlally acc8ssible to all. One way this has been achieved is by running bur retreats in 2025 on the basis of'dana'_ where people can make a donation after the treat if they wish. bul this is not needed or expected. We are largely at capacity with the number of people we can accommodate at our premises in Wesl Ogwell, so the potential for growth in now online and a growing team of staff are developing this further. Online events significantly contribute to our intentions to be universa11y accessible, both physically and financially. They also offer flexibility in the formats of delivery Ihal can be explored. Outside of the context of a silent retreat environment, talks, discussion, courses and other interactive modaliti'es are now being offered. A training programme for new Community Dharma Leaders ICDLS) fmm a range of backgrounds completed in 2025 and increased the total number of active CDLS to 53. These ambassador5 for the Dharm8 are trained to support people to continLJe the practices that are taught al Gaia House within their communities. Doveloping the house and grounds We completed a long list of repairs and Improvements lo the house and grounds in 2025, induding.. replacing the Garden Wing roof., installing PV solar pane15 on th8 Gard8n Wing roof: repairing and repainng Garden Wing windows,. replaung the $018r hot w8t8r panels on the Hemiitage roof,. linking the Hemitage, Garden Wng 8n¢J Coordinator Wing hot water to the biomass and replacing the electric showers.. redecorating the Garden Wing. Hermitage and Walking Room; replacing 25 mattresses and many bedding sets,. installing a new composbng system to handle food waste", replacing an old poly-tunnel: building a lean-to in the walled garden for improved storage., installing an EV d)arger in the car parf(. Developing our Human ResoUe8 In 2025 we recruited two part-time IT Support Officers on a job share arrangement lo replace our out9ng IT Support Officer. Otherwise our non-residential staff remained sjnchanged D•¥aloplng our technological resources The redesSgn of our website continued in 2025 and 11 launth in 2026. We made mSnlmal ch8nges to our IT systems in 2025 but annIng was undertaken for signtficant work lo take place in 2026. including replacing our server, cabling and swtchas. MaintainiThg Ilnanclal stablllty and resourclng our future plans 2025 was a successful year Wbth retreats well attended and retreat income above budget. We ended the year with reserves above target. We also completed improvements, induding installation of PV panels. which wll help reduce Jture costs. We are in a healthy position to be able to ftjrther. Invest In improvSng our farytlties and the Twsl is actively discussing Ihe best ways to achleve thi5. Thanks to a grant fr(Th the Hemera Foundation we have been able to schedule Family Retreats in 2025 and 2026. These retreats are popular and provide a unique opportunity for parents and children to benefit fomi our offering. However. they are expensive to run and bring in less income than our regular retreats. Thg grant will fully cover the extra expenses and loss of income.
GAIA HOUSE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 How our activltles dellver publ1¢ beneflt The main activities in support of our charitable objectives a described in earlier sections of this report_ Information about the number of people who have attended our programme and the financial support with c0515 that they have reIved is detsiled in Ihe section on "Achievement and P8rfomanc8' below. Volunteers Gaia House is supported throughout the year by the dedicated work of a community of volunteers who help lo take care of the running of the house, and Maintenan of its grounds. During 2025 volunteers offered 1.377 hours of seNice at Gaia House and 39 volunteer days of support to the online programme. Strateg5c rep¢rt The description under the headings "Achievements and performance" and "Financial review. meet the company law requirements for the trustees lo present a str8legic report. Achlevement5 and perforniance Charltable actlvltles Key facts (figures in brackets relats to 20241-' 38 {39) in-house residentlal group retreats from 1 to 28 days long were attended by 1763 11784} people for a lotsl of 9009191031 nights. 25512381 people stayed on personal retreat for a total of 3491 137011 nlghts. 671471 online events were atiended by 4091 138471 people. The charitys Financial As$istsn¢é and Bursaries Fund made grants of £107.328 {£105,941110 468 14651 retreatsnts. ThSs indudes £14,8241£20.850) to 57175) young people. And £32.237 {£13,710) lo help 23711931 people to pay our bwer 5UPPOrted rate5. Our charllable activities are also described in Ihe sections on 'Focus of our work, and 'SlgnM¢ant ActNrtSes' Gen•r81 Dats Protectlon R•gulatlon {GDPRI In line with our commitment to best pradce around data protecilon. we contlnue to meet the requirements of the GDPR which eAme into effect in May 2018 a(55 all area5 of Gaia House including the newly offered cnline activitses. We will continue to review and monitor in this area. Fundraising activities Thanks to the generosity of Jr supporters, in 2025 we raised £223,936 from indimdual donors and regular glvers. Investment P•rfornianc• Investments are held in Epworth Investment Management Company and were valued al £105,205 on the 31 Dèc8mb8r 2025 (2024, £92,677) an increase of £12,528.
GAIA HOUSE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Finan¢lal revlew Financial P051tlon The charity made a surplus 2025 of £32,564 compared a surplus in 2024 of £298.415. Totsl incoming resources in 2025 were £1,267,779 compared lo £1,366.290 in 2024. Retreat income in 2025 was £974,947 compared to £1,014.750 in 2024. Expenditure In 2025 was £1,244,868 cx)mpared to £1,072,825 in 2024. Re6epieG Pollcy Definition of reserves Res8rv8s arè that part of a charitls unrestricted funds that is freely available to spend on any of the thantys purposes. Gaia House Trust's reseNes are calculated as total funds less the value of fixed assets, restricted and d8signated funds. All the Tnjst's fixed assets (such 8s buildings and equipment) are essenb'al to the running of the charity, so their value is excluded from the cal¢ulalion of r8seThes. Reason for holding reserves Gaia House Trust holds reserves primarily to insulate against unexpected variations in income or expenditure. The Trust Considers an event that disrupts the running of our residential retreat centre lo be the most significant risk to our financial stability. Reserves increased in 2025 due to strong retreat bookings and some postponed development projects. The Trust is actively discussing ways that we can invest in our infrastruduTe to improve the retreat environment- particularly for long-term retreatants staying in the Hemiilage. We also continue to review the btsst W8yS to increase financi81 accessibility through a combination of Dana retreats (offered on a donation basis) and subsidised retreat rates through our Financial Assistance and 8ursarie5 fvTh1. RestsictedlDe5ignated Funds Family Retreat Fund: £29.288 This will be used to subsidise the running of Family Retreats in 2026. Cydi¢al Maintenance Fund.. £36,199 We budget £20,000 per year for high-value, low-frequency Maintenan projects. The Cyclical Maintenance Fund byill increase or decrease depending on whether actual spending is more or less than this. Investment pollcy and objectives We have, in line with our ethical prinpIes, thosen to invest vith Epworth Investment Managementcompany and in 2025 they yielded dividends of £2,87612024 £2,725). Rlsk manag•m•nt The trustees have asse$s8d th8 major risks to which the charty is exposed and are satisfied thatlhere are systems are in place to mitigate exposure to the major risks. The Gaia House risk register is reviewed annually by the Trust. 11 is also updated as required in response to new events or changes in lègislation vthich need to be reflected and managed by Gaia House. Appropriate acb.ons are tsken to mlnimise the impact of risks to acceptable levels. lIst taking Into account the size of our organisation.
GAIA HOUSE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Plans for future pèrlods Our work to make what we offer more univer5alty accessible, both finanaally and culturally has bome fnjit, and continues to bè developed. We are now collecting demographic data to better undarstand the 8ffects of our efforts. We have again arranged a number of retreats for 2026 that are being offered purety on the basis of people's generosty, and if this goes well it may be extended further. Dharma teachings are always freely ¢)ftred on the basls of mutual generosity by the teachers. but additional income from our online programme and the generosity of our communty is now allowing us to sustain the running costs of some retreats this way also. Gaia House would like to continue lo extend this model. This emphasis not onty embraces and nurtures a culture of generosity, which is very much in-line with the meditation teachings Gaia House promotes, but additionalty, makes events that are offered on 'Dana' OT generosityldonation basis accossible to anyone, matter their financial cArcumslances. We are soon plannlng lo launch our first on-demand digital cours8 lo support people who come to Gaia House to integrate their expefience when they return home. If this is successful we may extend this to other areas. Our continuing commitment to diversity and inclusion has developed in our communications pract1$, training and policy development. We wnlinue a programme of training to supwt greater awareness and sensitivity within our team and among our community group leaders to supporting people with a range of different identities. Structure. governance and management Gov•rning document Gaia House Trust is a company limited by guaTantee and registered as a charity in 1990. The company was estsblished under a Memorandum of Association which established the objects and powers of the charitable company and is govemed under its Artides ofAssociation. The trustees, are also the direor8 for the purpose of company law, and who senfed during the year and up to the date of signatur8 of th8 financial statements were.. T Blanch A Lacey H Higginson P Sutherland P Stevenson A Rodogovsky S Alyce J Hodder V Murphy (Resigned 10 March 20251 Recrultment and appointment of new trustses All trustees give their time voluntarily and re1ve no benefrts from the Charity. Expenses are red8imed by some, and this is noted in the a¢counts. The Trust continues lo develq), recruiting people with a diversty of perspective and breadth of 81 locètlon, skills and professional èxpÈrience amongst tts members. New trustees are recruit8d via Gaia House's email newsletter. th8 website and by personal approaches. It is important for trustees to have an understsnding of and sympathy wlh the wod( of the charlty, so it is rK)allY necessary for potential trustees lo have attended retreats at Gaia House before they be seriously considered for this role.
GAIA HOUSE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Organlsatlonal Structyrg and De¢l$lon Maklng The Tnjst. consisting of 9 trustees at 3111212025, develop th8 Str8tegic direction and poliaes for the charity with the support of a StTategi¢ Steering Group comprised OT experienced Tru51ees, Senior Staff and repr8S8ntatives from the Teacher Council. This body has representation across the organisalion to ensure recommendations and d8cisions are joined up and grounded in practicable logistics. The Director also attends the Trust meetings along with other staff as appropriate. The Trust prefers to make decisions based on consensus, allowing individual views and concems on particular issues to be addressed as thoroughly as possible. Th8 Trust met three times in 2024. The Finance and General Purposes Committee met three tOme5 during 2024. This group has a quorum of three Trustees. is also attended by the direGlor and makes operational and strategic recommendations to th8 Trust. The Gaia House Teacher Council continues to offer the essential Tole of offering expert advi to the board of trust8es. The Teacher Council offer guidan on how the Dhamia (the teachings of the Buddha} is best offereé and by whom at Gaia House. This operates through the Strategic Steering Group, representation at Trust meetings and system of Committees Ihal include teachers and trustees, supported by relevant staff members. Membership of our Committees that 5UPPOrt a range of operational areas comprises at least one Trustee and one Teacher, the Dlreclor and other management staff support as appropriale. Specific areas covered by Committees and Working Groups are Programme Planning, Retreatant Financial Supportl Financial Assistan and Bursaries Fund, Retreat Environment, Communications. Diversity & Inclusion and Strategic Steering. Day to day responsibility for operation5 is delegated to the Director, SLJPPOrt8d by the Operations Lead, Staff Support Teacher and a team of 6 department managers IFinance, Devèlopmenl, Programme, Maintenance. Communications and Kitchen & Garden,) as well as 9 other non-re8idenlial staff. and the te8m of 8 residènt staff. The Diretxorfs responsibility covers th8 following opeTalional areas= To help the Trust to develop Its short-temi survival strategy as well as its longer-teTrn vision. To dellver an effective programme of online and In-house activities in consultation with representatives of the Teacher Council. To develop a strategy for the long-temi sustainability and development of Gaia House building, minimising its carbon foolprlnt as much as is practic8ble. To ensure that staff and volunteers achieve their full potential by means of mentoring. support and relevant tr8ining. To Implement effective ftjnd-raising and marketing strategies. To oversee financial and resource planning and to ensure complianee with relevant legislation and regulation. To develop as organisation that challenges prejudice and ignorance of all kinds, including being actively anti-racist in support of the Tnjsfs eommitmenl to diversity, equality and inclusion. To ensure that retreat5 are culturally and financially acc8ssibl8 to all. Inductlon and tralnlng of new trustees Attendance on retreats over a number of years is an effective introduction to the work of the charity. New trustees follow an Induction programme that indudes spending time wlh stsff in order to become fully familiar with the work of Gaia House. They now attend Trust meetings as provisional trustees in order to gain a thorou understanding of their roles and responsibilities. This gives the Trust an opportunity to assess the applicanvs 5Uitability for the role and gives the applicant an opportunity lo understand the role they are 8pplying for. New trustees are formally appointed onty after they have successfully completed the recnjimienl p&S9. We welcome requests lo join the Gaia House Trust through our website.
GAIA HOUSE TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 d•r natwork Gaia House has links with a wide neOrk of mindfvlness and mèditatson organi5ats.ons throughout the UK. Through its teachers it maintains close links with Mindfulness Programmes at Oxford. Exeter and Bangor universities as well as Bodhi College and similar cenlres such as Sharpham Trust. Via its website. Gaia House also facilitates etworking between meditation sitbng groups Ihroughoul the UK. Gaia House also operates within 8 we5tem tradition of Insight Meditation centres, and links are maintained wth similar centres Sn the USA and Europe. the Insight Meditation Society in Barre, Massachusetts.. Spirit Rock in Califomi8.' Dharmagiri in South Africa,. and the Bealenberg Centre in Switzerfand. Related parti05 Any related paty interests are declared by trustees and other particllpants in meetings. None of our trustees receive romvneration or olhei benefits from their work as trustee5 Other than the Teimbursement of expenses. I new members ofTrusl. its Committees and Advosory and Worklng Groups are made aware ofthe Chadty Commission guidance and definition of related party interests and the need to dedare any Snteresl either al the start of 8 meeting or when an item becomes re18vant lo make a declaration. D8p8nding on the item appropriate action is then taken regarding that Item and the trustee's invofvement. Audltor In accordance wlth the companys artides. a resolution proposing Ihat Streets Audit LLP b8 r8appointed 8$ auditor of the company wll be put at a General Meeting. The trustees. annual report was approved and signed on behaw of the board of tnjstees by.. T Blanch Trustee
GAIA HOUSE TRUST STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees, who are also the dlrectors of Gaia House Trust for the purposè of company law. arè responsible for preparing the Trustees. Report and the financial statements in accordance with applicable Saw and Unit&d Kingdom Accounling Standards (United Kingdom Generally Accepted Ac¢ounling Practice). Company law requires the trustees to prepare finanaal statements for each financial year which give a true and fair view of Ihe state of affairs of the charity and of the incoming resources and application of resources, including thè income and expenditure, of the charitable o)mpanyfor that year. In PT8parlng thes8 financial stalem8nts, the trustees ar8 required to.. select suitsble accounting policies and then apply them consistsntty.. obserye the methods and principles in the Charities SORP.. make judgements and estimates that are reasonable and prudent-, slate whether applicable UK Accounting Standards hève been followed, subject to any material d6partures disclosed and explained in thé financial statements., and prepare th8 financial ststemenls on the going concem b8sis unless11 is inappropriate to presume that the charity will Gontinue in operakn"on. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al any time the financial position of the charity and enable them to ensure that the financial statements comply with thè ompanies Act 2006. They are also rgsponsible for safeguarding the assets of the charity and henGg for tsking reasonable Steps for the prevention and detection of fraud and other irregularities.
GAIA HOUSE TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF GAIA HOUSE TRUST Oplnlon We have audlted the financial statemenls of Gaia House Tnjst Ilhe 'charlty'l for the year ended 31 Decamber 2025 vhbich comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial stat8ments, including signilicant accounting poli¢ie5. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom A0ting Standards. induding Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland Iunited Kingdom Generdlly kcepted Accounting Practice). n our opinion. the finaniial stslements.. give a true and fair view of the state Df the chaiitable company's affairs as at 31 Do¢ember 2025 and of Its incoming resources and application of resources, for the year then ended.. have been properfy Prepa(1 in accordance with Unlted Klngdom Generally Accepted Accounting Practice,. and have been prepared in 8ccord8nce with the requirements of the Companies Act 2006. Basls for oplnlon We conducted our audSt In 8ccordance th Inlernatsonal Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those stsndards are further described in the AUdit0S r8sponsibiliti8s for the audit ot the financi81 stateménts section of our report. We are indep8ndent of the charity in accordance wth the ethical requirements that are rèlev8nt to our audit of the financial statements in th8 UK, including the FRC'S Ethical Standard. and we have fulfilled our other eihical responsibililies in accordance with these requir8mènt$. We belleve that the audit evidence w8 h8ve obtsined Is sufficient and approlate to provide a basis for our opinion. Concluslt)ns relating to going concern In auditing Ihe financial stslements, we have concluded that the trustees, use of the going concem basis of accounting in the prepaTation of the financial statements is appropriate. Based on the worf( we have perfomied, we have not identified any material uncertainties rolating to events or conditions that. individually or collectively. may cast significant doubl on the charity's ability to continue as a going concern for a period of al least ts¥elve month5 from when the financial statements are authorised for issue. Our resFonsil1tieS and the responsibilitie5 of the trustees with respect to going concem are described in the levant sections of this report. Other information The other infomietion comprises the information included in the annual report other than the flnancial statements and our audilorfs report Ihereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financbal statemenis does not Ver the other infomialSon and we do not express ony fom of assurance eonclusion thereon. Our responsibility is lo read the other information and, in doing so. consider whether the other information is materially InnsistenI with the financial slalemenls or our knowledge oblained in the course of the audit. or otheise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether this gives rise to a materBI misstatement in the financial slalements themselves. If, based on the work we have perfomied, we condude that there 18 8 material misstatement of this other Information, we are required to report that fact. We have nolhlng to report in Ihls regard. Matters on kn1¢h we are Tequlred ¢0 rep¢rt by exceptlon We have nothing to report in respect of the following matters in relaloon to which the Charities (Accounts and Reports) Regulations 2008 requir8s us to report to you if, In our oplnion.. the information given in the financial statements is inconsistent in arry material respect with the trustees, r8ptr(; or sufficient accounting records have not been kept- or the finanaal stslements are not in agreement with the accountlng records; or we have not received all the Infomiation and explanations we QUIre for our audit. 10-
GAIA HOUSE TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF GAIA HOUSE TRUST Rosponslbllltles of trustees As explained mor8 fully in th& statemènt of trustees, r8sponsibililies, the trustees. who are also the directors of thè charity for the purpose of company law. ar8 responsible for the preparation of the financial statements and lor being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary lo enable the preparation of financial statements that are free from material misstatsmenL whether due to fraud or error. In preparing the financA81 slalemenls, the trustees are responsible fDr assessing the charity's ability lo Continue as a goin9 concern, disclosing, as applicable. matters related to going concern and using the going conrn basis of accounting unless the trustees either intend to liquidate the charitsble company or to cease operations, or have no realistic attemative but to do so. AuditorfB responsibilities for the audit of thè financial statements We have been appointed as audkor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are lo obtsin reasonable assuranGe about whether Ihe financial statements as a whob are fr9* fr0 material misststement, whether due to fraud or error, and to issue an auditor's report that indudes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in ac¢ordance bmlh ISAS IUK} will always deted a material misststement when it exists. Misstatements can arise from fraud or error and are considered maleri81 if. in¢Jividually or in the aggregate. they could reasonably be expected lo influence the onoMiC dgGisions of usgrs tsken on th8 basis of these financial slalements. The extent to whlch our procedures aTr capable of detecting Irregularlties, Induding fraud, is detsiled below. We obtained an understanding of the legal and regulatory frameworks applicable to the charity and the sector in which it operates. We identify the areas of those legal and regulatory frameworks which could reasorobly be expected to have a material effect on the financial statements. based on our experience and through disajssion th the director. We assessed compliance with these laws and regulations through enquiry with the director, and review of the mpany's intemal reporbng with respect to compliance with laws and regulations. We assèssed the susceptibilty of the charty's financial statements to material misstatement, induding how fraud might occur. In addressing the risk of fraud including in relation to revenue recognition and management override of controls, we have performed joumals lesling based on a sel of risk ¢teria and tested joumals to SuppOng documentstion where applicable. Audit procedures also induded detailed transactional testing wth a particular focus on the year-end cul off procedures. Because of the inherent limitations of an audit. there is a risk that we wll not delect all irregularities, induding those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance a law or regulation is removed from the events and transactions roflocted in the financial statements, as we will be less likely lo beme aware of instsnces of nowompliance. The risk is also greater regarding irregulanties occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission, or misrepresentation. A further desuiption of our responsibilities is available on the Financial Reporting Council's website at.. htWs'.11 www.frc.org.ukJauditorsresponsibilities. This description lomis part of our auditorfs pOrt. Use of our report This report is madg $01gly lo the charity's trustees, as a body, in o¢¢ordan¢e with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit worf( has been undertaken so that we might stale to the charity's trustees those matters we are required to slate to them in an auditor's report and for no other purpose. To Ihe fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work. for this reporL or for the opinions we have fomed. 11
GAIA HOUSE TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF GAIAHOUSE TRUST SL.c Shane Cann BA (Hon$) ACA FCCA CTA For and on behalf of Streets Audit LLP, Stalulory Auditor Tower House Lucy Towèr Street Lincoln Llncolnshire LN1 1 XVV Date: ZG .J?! ..IGeC Streets Audit LLP is eligible for appointment as auditor of thg charity by virtue of its eligibilty appointment as auditor of a Company under section 1212 of the Companies Act 2006. 12-
GAIA HOUSE TRUST STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestrieted Restricted funds funds 2025 2025 Total UnrtrICted Restrlcled funds funds 2024 2024 Total 2025 2024 Notes Income and endowments from: Donations and18gacles Charitable activities Investments Other income 253.982 983,333 13.387 264 16,459 270,441 983,333 13,387 264 272.840 1.023,106 13,748 55,085 1,511 327.925 1.024.617 13.748 Totsl Income 1,250,966 16,459 1,267,425 1,309,694 56,596 1,366,290 Expenditu on: Ralsing funds Charitable activities Other expenditure 1.630 1.200,146 1,630 42,572 1.242,718 165 165 228 1,060,961 228 11,636 1.072,597 14 Total expendlture 1.201,776 42,737 1,244,513 1,061,189 11,636 1,072,825 Nel gains on investments 15 9.652 9.652 4,950 4,950 Not incomellexpendlturel 58.842 126,2781 32.564 253,455 44.960 298.415 Transfers between fun¢Js 24,835 124.835) N•t movernent in funds 11 83.677 151,1131 32,564 253,455 44,960 298.415 R•conclllatlon of fund$: Fund balances at 1 January 2025 1.643.656 80,400 1,724,056 1,390,201 35,440 1,425,641 Fund balances at 31 Decombor 2025 1,727,333 29,287 1,756,620 1,643,656 80,400 1,724.056 The statement of fin8ncial activities inclthjgs all gains and losses recognised in the year. All income and expendlture derfve from continuing 8ctivib'e$. 13-
GAIA HOUSE TRUST BALANCE SHEET AS AT31 DECEMBER 2025 2025 2024 Notos Flxed assets Intangible assets Tangible assets Investments 17 18 19 17.738 920,791 105,205 3,839 919,316 92.677 1,043,734 1,015.832 Current ass•ts Debtors Cash al bank and in hand 35.164 974,062 43.209 965,149 1.009,226 1,008,358 Cr•ditors.' amounts falling due wlthln ono year 21 1296,340) 1300,1341 Net current assets 712,886 708,224 Total assets less currant Ilabllltles 1,756.620 1,724.056 The funds of the charty Restricted income funds Unrestricled funds 23 24 29,287 1,727,333 80,400 1,643.656 1.756,620 1.724.056 The Company is enlilled lo the exemption from the audtt requirement contained in section 477 of the Cornpanies Act 2006, for the year ended 31 December 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of ffinancjal statements. The mernbers have not quired the company to obtain an audit of its finaneial statements under the requirements of the Companie5 Act 2006. for the year in quesb.on in ?rdance with section 476. These financial statements have been prepared in accordance wth the provisions applicable lo companies subject to the small companies regime. The financial statements were approved by the trustees on .. T Blanch Trustee 14-
GAIA HOUSE TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Motos Cash flows from oparating activities Cash goneratsd from operations 48.646 313.979 Investi*g actlvities Purchase of intangible assets Purchase of tangible fixed assets Proceeds from disposal of tangible fixed assets Purchase of investments Investrnent income received 113.8991 (38,545) 13,8391 (14,111) 2,200 12,8761 13.387 12,7251 13,748 N•t cash us•d in inv•sting actiYiti•s 139,7331 (6,9271 Not cash gOrated from financlng adlvlt1•6 Net Increase in cash and cash equivalents 8,913 307.052 Cash and cash equivalents at beginning of year 965,149 658,097 Cash and caBh equivalents at end of year 974.062 965.149 15-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollclos Chartty Infomiatlo Gaia House Trust is a private company limited by guarantee incorporated in England and waS. The registered office is Gaia House. West Ogwell. Nevrton Abbot. Devon. TQ12 6EW. 1.1 Ba$ls of prop8ration Thè financial statèments have been prepared in accordance with the charlIS governing document. the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in ac£Ordan with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102)" las amende(J for accounting periods comm8ncing from 1 January 20161. The charity is a Public Benefit Entity as defined by FRS 102. The financ4al statements are prepared in sterling, which is the functional currency of the charity- Monet8ry amounts in thesé financial statements are rounded to the nearesl £. The financial statements have bean prepared under the historical cost convention. The principal ac¢x)unting policies adopled are sel out b81ow. 1.2 Golng ¢on¢ern At th8 time of approving th8 financial statements, the trustees have a r8asonable expeclalion that the charity has adequate resources to continu8 in operational existence for the foreseeable future. Thus the tnJ51ee5 continue to adopt the going concem basis ol acwunting in preparing the financial ststemenls. 1.3 Charltable funds Unrestricted funds are availat4e for use al the discretion of the trustees in furtherance of th8ir charitablè obS8ctlves. Restricted ftjnds are sublect to sF>eufic conditions by donors or grantors as lo how they may be used. The purposes and uses of the reslricled funds are set out in the note5 to the financial statements. Endowm8nt ftjnds arè subjact to specffic Gonditions by donors that the caytal must be maintained by the charity. 1.4 Incom• Income is recognised when the charity 15 legally entided lo it after any performance conditions have been met, the amounts can be measured reliably, 8nd it is probable that income will be received. Cash donations are recognised on CeIpt. Other donations a recognised once the charity has been notified of the donation, unless performance cDndition5 requlre defeal of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the knme of the donation. Legacies are recognised on receipt or othotwise if the charity has been notified of an impending distribution, the amount is knowm. and receipt is expected. K the amount is not known, the legacy is treated as a rDntingenl asset. 1.5 Expendlture Expenditure Is recognlsed on an accruals basis as a liability is incurred. Expenditure indudes any VAT vh)ith cannot be fully recovered, and is dassified under headings of the statement of financial activities to which it relates: Exp8nditUT? on raising fudS includes the costs of all fundraising activities. events. non-charitable trading activities and the sale of donated goods. 16-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng p¢ll¢les Icontlnuedl Expenditure on charitable activities includes all costs incuThed by the charity in undertaking acbvities that further ils charitsble aims for the benefit of its benefiuaries, including those support costs and CO515 lating to the govemancè of the charity apportioned to the charitable activities. other expenditure includes all expenditure that 15 neither related to raising funds for the tharity nor part of its expenditure on charitable activities. All costs a allocated lo expenditure categories re)lecting the use of the resoue. Direct cots attribvtsble to a singl& activily are allocated difectly to that activity. Shared costs are apporlioned beeen the aixivilies they contribute to on a reasonable. justffiable and o)nsistent basis. 1.6 Research and d•¥•lopment •xp•nditure Research expenditure is written off against proffts in the year in which it Is incurred. Identifiable development expenditure is capitalised to the extent that the technical. commercial and financial feasibility can be demonstrated. 1.7 Intangible fixed assets other than goodwlll Intangible assets acquired separately from a business are recniSed at cost and are subsequently measured al cost less accumulated amortisation and accumulated impaimient losses. Intangible assets acqulred on business combinations are recognlsed separatgly from goodwS11 81 the acquisition date where it is probable that the expected fvture economiG benefits thal are attributable to the asset will flow to the entity and the fair value of the asset Can be measured reliably,. the intangible asset arises from contractual or other legal rights.. 8nd the intangible asset is separable from the entity. Amortisation Is recognised so as to write off the cost or valuation of assets less their residual values over their usefvl lives on the following bas8S'. Deveh)pment costs 33.3Yo 5traighl line 1.8 Tangible fixed assets Tangible fixed asse15 are initially measured at C05t and subsequently measured at cost or valuation, net of depreciation and any impairment losse5. Depreaation is reccgnised so as to write off tha cost or valuation of assets less th8lr resldual values over thèir useful lives on the followng bases.. FehOld land and buildings Plant and equipment Motor vehicles 1% straight line 20% reducing b8nCe 25% straight line The gain or loss arising on Ihe disposal of an asset is detemiined as the difference bebween the sale proceeds ond the canying value of the asset. and is recognised in the statement of financial activities. 1.9 Flxed asset Investments Fixed asset investments are inftialty measured 8t Iransactlon price exduding transactlon costs, and are subsequently measured al fair value al each reporting date. Changes in fair value are recognised in net Inwmellexpendlturel for the year. TransactSon Costs are expensed as Incurred. 17-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting poli¢i•s (Continued) 1.10 Impalrment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible and intsngible asset5 10 determine whether there is any indication that those assets have suffered an impaimient loss. If any such indication exists, the recoverable amount of the asset is estimated in order lo determine the extent of the impaimienl loss {if any). 1.11 Cash and cash *qulvalent5 C8sh and cash equivalents indude cash in hand, deposits held at call wth banks. other short-term liquid investments with origin81 maturities of three rnonths of less. and bank overdrafts. Bank overdfafts are shown within borrowirigs in Current liabilities. 1.12 Flnanclal Instruments The charty has el8¢t8d to apply the provisions of Section 11 'Ba51c Financial Instruments, and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial instnjments are recognised in the charity's balance sheet when the tharity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the nel amounts psented in the financial statements, when there Is a legally enforceable right lo set off the recognised amounts and there is an intentson lo settle on a net basis or to realise the asset and sellje the liability simultaneously. Baslc Ilnan¢lal assets Basic financial assets, which include debtors and cash and bank balances, are initsally nieasured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective Interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future recoipts discounted at a market rate of interest. Financial assets classified as recwvable within one year are not amortj'sed. Baslc flnanclal Ilabllities Basic financial liabilits"es. including creditors and bank loans are initially recognisod at transaction price unless the arrangement constitules a finanang transaction, where the debt instrumènt is mèasured at the pSent value of the lulure payments discounted at a mad(et rate of inleresL Financial liabilities classffied as payable within one y8ar are not gmortssed. Debt instruments are subsequently carried at amortised cost, using the effective interest rale melhod. Trade cr8ditors ar8 obligations lo pay for goods or seNices that have b8en acqulred in the ordinary course of operatsons from suppliers. Amounts payable are classified as current liabilities rf payment is due within one ygai QT less. If not, they are presented as non-currenl liabilities. Trade creditors are r8cognised initsally at transaction price an¢J subsequently measured at amortised cost using Ihe effective interest melhod. D•rncognltlon of financlal Ilabllltles Financial liakn'lities are derecognised when the charity's contracbjal obligations expire or are discharged or cancelled. 1.13 Employee benellts The cosl of any unused holiday entitlernent is recognised in the period in which the employee's servi$ are re1ve. Terniination benefits are recognised immedlatety as an expense when the charity Is demonstrdbly committed to lemiinate the employment of an employee or to provide termination benefits. 18-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 A¢counting policies (Continued) 1.14 Retirement benefits Payments to defined contribution retirement benefit schernes are charged a5 an expense as they fall due. Crlllcal accounting estimates and judgements In the application of the charity s accounting policies, the trustee5 are required to make judgements. estimates and assumptions about the carrying amount of assets and liabilili8s that are nol readily apparent from other sources. The estimates and associatgd assumptions are based Dn historical experience and other factors that are considergd to be relevant. Actual results may differ from these ests"mates. The estimates and undering assumptions are reviewed on an ongoing basis. Revisions lo accounting eslimates are recognised in the period in which the estimate is revised where the revision affects cnly that period. or in the period of the revision and future periods where the revision affects both current and future periods. Incomè from donations and legacies urerIcted Re$trl¢ted lunds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Donations and gifts Grants 251.gS2 2,030 6.459 10,000 258,411 12,030 272,840 9,885 45.200 282,725 45.200 253,982 16,459 270,441 272,840 55,085 327,925 Income from charitable activities Unrestrictgd R8strlcted funds lunds 2025 2025 Total Unrestrlctèd Restrlcted funds funds 2024 2024 Total 2025 2024 Charhable actlvSties Retreat income- personal and online Retreat inme- groups Administration fee income Miscellaneous income 333,551 641,397 6,755 1,e30 333,551 641,397 6.755 1.630 342,148 672,602 6.627 1,729 342.148 672.602 6.627 3,240 1,511 983,333 983,333 1,023,106 1,511 1,024,617 19-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Incomo from Investments Unre$tri¢ted Unrestrlcted funds funds 2025 2024 Incom8 from listed investments Interest receivable 2.876 10.511 2,725 11.023 13.387 13.748 Other income Unrestrlcted Unr•stricted funds funds 2025 2024 Net galn on dlsposal of tangible fixed assets 264 Expenditure on ralslng funds Unrestricted Unrestrfct•d funds funds 2025 2024 Fundralslng and publl¢lty Other fundraising costs 1,630 228 -20-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Expèndltur• on charitable activities Charltsble activitie5 2025 Charltable tivities 2024 Direct costs Stsff costs Rates, water & insurance FIX costs It¢h8n costs Household costs Garden costs General maintenance costs Direct and offsite relre8t costs Coordinator costs Teacher costs IT & office c¢)sts Travel 8nd vehide costs PubliGity, newsletter and communications Book purchases Other charitable expendlture 595,277 74,396 133,097 7,872 36,758 5,333 77,419 2.743 4.490 25,500 26,127 27,661 17.051 55 850 530.326 79.346 111,725 32.226 3,952 36,081 2,549 16,636 14,091 18,771 11,719 60 12,325 1,034,629 876,711 Grant funding of activitieslsee note 91 123.240 105,941 Share of support and governance costs (see note 10) Support GoveTnan 74,394 10,455 80,223 9.722 1.242.718 1,072.597 Anatysls by fund Unrestricted funds Restricted funds 1.200,146 42,572 1,060,961 11,636 1,242,718 1.072,597 Grants payable Charitable actlvltles 2025 Charllablo actlvltles 2024 Grants lo individuals 123,240 105,941 21
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 10 Support Costs allocated to activiti•s 2025 2024 Depreciation Legal and professional fees Telephone Bank and CTedit card charges Govemance costs 35,134 3,225 2,669 33.366 10,455 33.692 1.077 2.703 42,751 9,722 84.849 89,945 Analy$ed behvegn: Charftsble activities 84,849 89.945 11 Met movement in funds 2025 2024 The nel movement In fijnds is stat8d after chargingllcrediting)-. Fees payable for the audit of the charlly's financlal statements D8prècialion of owned tangible fixed assets Profit disposal of tangible fixed assets 8,160 33,692 35,134 {2641 12 Tvustees None of the trustees lor any persons connected with th8ml received any remuneration or benefits from the charity during the year. 13 Employees The average monthly number of employees during th& yèar was.. 2025 Number 2024 Number Director Administrator Finan IT & Communication Bulldlng Staff support teacher Retreat operations Coordinators Garden 10 Total 29 -22-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 13 Employees Icontlnued Employment costs 2025 2024 Wages and salarie8 Other pension costs 574,585 20.692 511,576 18.750 595,277 530.326 There were no employèes whose annual ramuneration was more than £60,000. Remuntratlon of key management p•rsonnel The remuneration of key management personnel was as follows= 2025 2024 Aggrggate compensation 135,312 112,497 14 Other expendlture Restricted funds 2025 Restricted funds 2024 Other expenditure 165 15 Galn$ and loss•$ on Inv•strn•nts Llnrestrlcted Unrestrlcted funds funds 2025 2024 Gainslllossesl arising on.. Revaluation of investsnents 9,652 4.950 16 Taxatlon The charity is exempt from tsx on income and gains falling vmthin section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its tharitable objects. -23-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 17 Intanglble flxed assets D*10pm•t ¢05ts C05t At 1 January 2025 Additions- separately acquired 3,839 13,899 Al 31 December 2025 17.738 Amortisation And Impalmient At 1 January 2025 and 31 Deoember 2025 Carrying amount Al 31 December 2025 17,738 At 31 December 2024 3,839 llltangible Fixed Assets comprise a websfte belng built by an exteTnal supplier for thè charity. Amorbsalion has not been provided as the asset is incomplete at the reporting date. In future years. the charity will amorhse Ihe website over ils useful lile. 18 Tanglble fixed ass•ts Frttrhtsld land and bulldlhg5 Plant and e4ulpment Motor vehl¢le8 Totil Cost At 1 January 2025 Addllions Disposals 975,705 309,032 38,545 122,5321 12.523 1.297,260 38,545 122,5321 At 31 December 2025 975,705 325.045 12,523 1.313,273 Depreciation and impaimient Al 1 January2025 DepreLyalion charged in the year Eliminated in respect of disposals 131,710 15.545 234,861 18,962 120,5961 11.373 627 377.944 35,134 120,5961 At 31 December 2025 147.255 233.227 12,000 392.482 C•rrylng amount At 31 December 2025 828,450 91,818 523 920,791 Al 31 December 2024 843,995 74,171 1,150 919,316 -24-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 18 Tanglble fixed assets (Continued Freehold land and buildings are held at cost less accumulated depreciation. akhough the TTUStees are of the opinion that the rnarkel value of freehold property 15 significantly in excess of the book value. The Trustees have opted rbot to revalue freehold land and buildings to avoid the necessity and $t of then having lo undertake valijations on a regular b3sis by a professionally qualified valu&r as required by the Charities SORP IFRS102}. 19 Flxed asset Investments Listed Investments Cost or valuation At 1 January 202S Additions Valuation changès 92,677 2,876 9,652 At 31 December 2025 105,205 Carrylng amount At 31 December 2025 105,205 At 31 December 2024 92,677 20 Debtors 2025 2024 Amounts tslling due within one year: Trade debtors Other debtors Prepayinents and accrued income 4,037 20,745 18,427 17,066 18,098 35.164 43,209 21 Credltors: •mounts falllng due within one ye•r 2025 2024 Other taxation and social security Payments ceiVed on acLount Trade creditors Other creditors Accnjals and deferred income 9,725 181,622 52,231 30,376 22.386 155,320 42.570 74,226 19,374 296,340 300,134 -25-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 22 R¢tlr•m¢nt beneflt schemes 202S 2024 Defin&d ntrIbUtIOn schemes Charg8 lo profit or loss In respect of defined contributs'on schemes 20.692 18,750 The charity operates a defined Contrfbution pension scheme for all qualityng employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 23 Restrlctsd funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 January 2025 Incoming r•sources Rèsour9 expended Transf•rs At31 December 2025 Green environment developmenl Save water project Finance assistance and bursaries fund Family retreat fund 15,000 20.200 10,000 11651 120,2001 124,835) 6.459 {6.4591 (15,9131 45,200 29.287 80,400 16,459 {42,7371 (24,8351 29,287 Previous year: At 1 January 2024 Incoming resources Rèsourcès expended Tran5fei8 At31 Dgcombèr 2024 Green environment development Save water project Finance assistsnce and bursaries fund Famity relre8t fund eBike appeal 15,000 20,201 15.000 20,200 {11 11,396 45,200 111.396) 45,200 239 (2391 35.440 56,596 111,6361 80,400 The Gen Environment Development fund was estsblished lo support the Charitys environmental development objectives. During the year, the fund was fully applied in accordan with its restri purpose and the balance was transferred on utilisa0n. The fund was fully expended at the year end. 26-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2025 24 Unr9$trlfyd funds The unrestricted funds of the charity comprise the unexp8nded balances of donations and grants which are not subject lo specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specffic purpos8s. At 1 January 2025 Incoming resources Resources expended Transfors Galns and losses At31 De¢•mb•r 2025 General fund General funds 2,370,883 1727.2271 2,370.883 1643,5501 1,250,966 11,201,776) 24,835 9.652 1.643,656 1.250,966 11,201,776) 24,835 9,652 1,727,333 Previou$ year: At 1 January 2024 Incoming r•sources Resources expended Transfers Galns and 10sseB At31 December 2024 General fund Building cydical maintenance fvnd 1.34S,602 1.309,694 11.061,1891 112.463} 4.950 1.586,594 44.599 12,463 57,062 1,390.201 1,309,694 11.061,1891 4,950 1.643,656 25 Analy51s of net assets bet0n funds Unrastrlcted lund$ 2025 Restricted funds 2025 Total 2025 At 31 December 202S: Intangible fixed a55ets Tangible assets Investments Current assetsllliabilitses) 17.738 920.791 105,205 683,599 17,738 920,791 105,205 712,886 29,287 1,727,333 29.287 1,756,620 -27-
GAIA HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 25 Analy818 of net assets between funds (Continued) Unrestrl¢ted fund5 2024 Restricted funds 2024 Total 2024 At 31 Decemb•r 2024.. Intsngible fixed assots Tangible assets Investments Current assetsl{Ilabllities) 3,839 919.316 92.677 627,824 3.839 919.316 92.677 708.224 80.400 1,643,656 80,400 1,724,056 26 Conllngent Il#blllties At 31 December 2024 there is a conts'ngent liability In the amount of £30,000. This amount represents a donation thal was made under the tem)s that it will become repayable should the property from which the charity operates ceases to b8 used for the primary charitable purpose. The Tnjslees consider this to be unlikety and, as such. do not feel that 8 provision is necessary. 27 Rolated party tranBaction8 There were no disclosable related party transactions during the year other than reimbursed trdvel expenses. {2024- none). 28 Cash generated from operatlons 2025 2024 Surplus for the year 32,564 298,415 Adjustments for.. Investrnenl income recognised in statement of financial activities Gain on disposal of tangible fixed assets Fair value gains and losses on Invesbnents Depraeiation and impalment of tangible fixéd assgls 113,3871 (2641 {9,6521 35.134 113,748) 14,9501 33,692 Movements In worklng capltal: Decreasel{increasel in d8btors {Decrea5ellin¢reose in creditors 8,045 (3,794} (7.5461 8.116 Cash generat•d from operations 48,646 313,979 29 Analysis ol changes in net funds The charlty had no material debt durSng the year. -28-