National Trust Annual Report 2014/15 The National Trust in brief

What is the National Trust?

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We look after coastline, forests, woods, fens, beaches, farmland, moorland, islands, archaeological remains, nature reserves, j]``U[Yg \]ghcf]W\cigYg [UfXYbg a]``gUbXdiVg"KYfYghcfYh\Ya dfchYWhh\YaUbXcdYbh\YaidhcYjYfmcbY":cfh\YHfigh  WcbgYfjUh]cb\UgU`kUmg[cbY\UbX!]b!\UbXk]h\diV`]WUWWYgg"KYkY`WcaYYjYfmcbYhcYld`cfY.

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We rely on the support of our members, donors and volunteers, as well as income from grant-making bodies and commercial activities such as retail and catering, to look after the special places in our care.

This Annual Report can also be viewed online at www.nationaltrustannualreport.org.uk

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Message from the Chairman and Director-General ƥ Board of Trustees’ report for 2014/15 Ʀ Highlights of the year Ƨ DifghfVhZƄ ƪ Engaging our supporters Ƭ Improving conservation and environmental performance ƤƤ Investing in our people ƤƦ Our plans to 2015/16 Ƥƨ Financial review Ƥƪ Administration and management ƥƣ Structure and internal control ƥƤ Thanks ƥƨ Annual Report of the Council 2014/15 ƥƩ The Financial Statements 2014/15 ƥƬ  7cbgc`]XUhYXghUhYaYbhcZžbUbW]U`UWh]j]h]Yg ƥƬ Balance sheets Ʀƣ  7cbgc`]XUhYXWUg\ƁckghUhYaYbh ƦƤ Notes to the Financial Statements Ʀƥ Independent auditors’ report to the Trustees of the National Trust ƨƪ The Trust’s advisers ƨƬ

National Trust Annual Report 2014/15 Contents 1 Message from the Chairman and Director-General

2014/15 was another excellent year for the Trust. More people visited our dfʩdZfh^Zg!bʩfZdZʩdaZ_ʩ^cZYh]ZIfighVcYkZbZhghfZhX]^c\žcVcX^Va hVf\Zhg!ZcY^c\h]ZmZVfV]ZVYʩ[WiY\ZhVcYZlXZZY^c\aVghmZVf¾g dZf[ʩfbVcXZ#LZVagʩ^cjZghZY—,&#.b^aa^ʩc^cdfʩdZfhmdfʩ_ZXhgVcY difgiZYʩifV\ZcYVhʩfZYiXZʩifZcZfƄigZVcYYZdZcYZcXZʩc[ʩgg^a[iZag#

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8if]b[&$%(#%)kYWcbh]biYXcifdfc[fUaaYcZaU^cf investment in internal systems designed to bring our processes Photography © National Trust/Tony Gill Trust/Tony © National Photography Photography © David Levenson © David Photography ]bhch\YhkYbhm!žfghWYbhifm"H\YgY]bjYghaYbhgk]``Wcbh]biY ]b&$%)#%*UbXk]``]adfcjYcifaYaVYfg\]dgmghYagUbXX][]hU` Wcaaib]WUh]cbg cifh]``gUbXcifžbUbWYgmghYag"

Timothy Parker Dame Helen Ghosh Chairman Director-General 15 July 2015 15 July 2015

2 Message from the Chairman and Director-General Board of Trustees’ report for 2014/15

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National Trust Annual Report 2014/15 Board of Trustees’ report for 2014/15 3 Highlights of the year

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4 Highlights of the year Sandham Memorial Chapel AVc]mYfʩX`XmXaZ]iW

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National Trust Annual Report 2014/15 Highlights of the year 5 7iX`aVcY6WWZm Speaking out

:c``ck]b[Uj]g]hZfcah\Y\YUXcZh\YFYaVfUbXhFYgYUfW\ H\Ydc`]h]WU`UbXdc`]WmWcbhYlh]b&$%(#%)kUgXca]bUhYX Dfc^YWhUbXUmYUfcZWcbgYfjUh]cbUbXhYW\b]WU`UbU`mg]g  Vmh\Yfib!idhch\Y[YbYfU`Y`YWh]cb"H\YfYkYfYZYkbYk h\YdU]bh]b[Uh6iW_`UbX5VVYm]b8YjcbkUgUhhf]VihYXhc policy initiatives from central government and existing policies FYaVfUbXh¹h\Ycb`mcbYckbYXVmh\YHfigh"K]h\giddcfh kYfYacX]žYXhcfYƁYWhdiV`]WWcbWYfbg]bh\Y`YUXidhc from players of People’s Postcode Lottery, the ‘Rembrandt dc``]b[XUm" FYjYU`YX¾Yl\]V]h]cbkUgWfYUhYXhchY``h\YghcfmcZh\YfYgYUfW\ that led to its attribution, and to present the painting and its Cbd`Ubb]b[ kYWcbh]biYXhcWcaa]gg]cbfYgYUfW\UbXYb[U[Y fYaUf_UV`Yghcfm"6ch\]bbcjUh]jYUbXh\ci[\h!dfcjc_]b[ ]h k]h\dc`]Wm!aU_Yfgcbh\Y]ad`YaYbhUh]cbcZh\YBUh]cbU` has captured the public’s imagination and demonstrated that D`Ubb]b[Dc`]Wm:fUaYkcf_ ]bW`iX]b[fYgdcbX]b[hcbiaYfcig YjYfmcV^YWh\Ug]hgckb[fYUhghcfmhchY``"Cifj]g]hcfg`cjYh\Y Wcbgi`hUh]cbgcbd`Ubb]b[[i]XUbWYUbXh\YbYkYfdfcWYgg Yl\]V]h]cbUbX]hgfYZYfYbWYhch\YacXYfbhfYbXcZ½gY`žYg¾UbX ZcfbUh]cbU``mg][b]žWUbh]bZfUghfiWhifY"KYkYfYd`YUgYXh\Uh WUb¾hVY`]YjY\ckW`cgYh\YmWUb[Yhhch\YdU]bh]b[" ministers increasingly listened to our concerns, emphasising h\Y]adcfhUbWYcZgiddcfh]b[Vi]`X]b[cbVfckbžY`X`UbXUbX Mount Stewart dfchYWh]b[h\Y[fYYbVY`h"

5ZhYfacfYh\Ub\U`ZUWYbhifmAcibhGhYkUfh¾gkcf`X!ZUacig 5`cb[g]XYh\]g kYfU]gYXh\Y]adcfhUbWYcZdfchYWh]b[UbX \cigYUbX[UfXYbg\UjYVYYbfYib]hYXk]h\]hg\]ghcf]W Yb\UbW]b[h\YWcibhfm¾g`UbXgWUdYgk]h\h\YdiV`]WUh]cbcZ XYaYgbY¹`UbXk\]W\kUg\]ghcf]WU``mUhhUW\YXhch\Y\cigY Landscapes for Everyone U^c]bh]b]h]Uh]jYVm''cf[Ub]gUh]cbg UbX[UfXYbg"H\]gfYib]žWUh]cbk]``]bWfYUgYh\YUfYUkY`cc_ including the National Trust, Campaign to Protect Rural UZhYfcbh\Yg\cfYgcZGhfUb[ZcfX@ci[\]b7cibhm8ckb 9b[`UbX h\Y@UbXgWUdY=bgh]hihYUbXFUaV`Yfg" Zfca%$$hc% $$$UWfYg ]bWcfdcfUh]b[giffcibX]b[dUf_`UbX UbXWcibhfmg]XY"J]g]hcfgk]``VYUV`YhcYld`cfYYlhYbg]jY H\Y;cjYfbaYbh¾gYad\Ug]gcbh\YbYYXZcfbYkhfUbgdcfhUbX kccX`UbX ZUfa`UbX UfUb[YcZ\]ghcf]WacbiaYbhgUbX YbYfƄ]bZfUghfiWhifYWcbh]biYg"K\]`YkYk]``cV^YWhhcbYk Vi]`X]b[gUbXUdfYj]cig`mibgYYbkU``YX[UfXYb"9jYbhiU``m ]bZfUghfiWhifY]bh\Ykfcb[d`UWYUbXUhh\Ykfcb[gWU`Y kY h\YfYk]``VYcddcfhib]h]YgZcfWmW`]b[UbX\cfgYf]X]b[cbh\Y have supported positive investment, such as the proposals for c`XYghUhYhfU]`gUbXYjYbacfYhcX]gWcjYfcbZcch"Acibh U`cb[hibbY`cZUh`YUgh%",a]`YghcfYacjYh\YV`][\hcZh\Y GhYkUfh]gU`gcibXYf[c]b[UaU^cf—+a]``]cbfYghcfUh]cb 5'$']bh\YGhcbY\Yb[Y`UbXgWUdY"KY\UjYU`gcVYYb]bjc`jYX dfc^YWhhcfYghcfYh\YBYc!W`Ugg]WU`\cigYhc]hgZcfaYf[`cfm" in the development of the National Grid’s visual improvement H\YgY]b]h]Uh]jYg\UjYVYYbgiddcfhYXVmh\Y;UfžY`XKYghcb dfcj]g]cbdfc^YWhXYg][bYXhcfYXiWYh\Y]bhfig]jYbYggcZdckYf Foundation, the Wolfson Foundation and through generous `]bYgh\fci[\BUh]cbU`DUf_gUbX5fYUgcZCihghUbX]b[BUhifU` `Y[UWmVYeiYghg" 6YUihm]b9b[`UbXUbXKU`Yg"

On the natural environment, the Trust continued to deepen fY`Uh]cbg\]dgk]h\ch\Yf`UbXckbYfggiW\Ugh\YFGD6UbX K]`X`]ZYHfighggch\UhkYWUbkcf_UhU`Uf[Yf`UbXgWUdYgWU`Y" Public policy and funding are also important, and much of the mYUfkUggdYbhgYY_]b[hc]bƁiYbWYh\Y`UhYghfcibXcZh\Y 7caacb5[f]Wi`hifU`Dc`]Wm75D k]h\h\YXUb[Yfh\Uhh\Y BUh]cbU`Hfigh¾gckbZUfa]b[UWh]j]h]Ygkci`XVYfi`YX]bY`][]V`Y Zcfgiddcfh"5`h\ci[\h\Uhf]g_\UgVYYbUjc]XYX h\YcjYfU`` CAP settlement is disappointing and continues to incentivise practices that put short-term production ahead of the long- hYfa\YU`h\cZh\Y`UbXUbXh\YbUhifU`Ybj]fcbaYbh"

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6 Highlights of the year =c`ab`ObSž

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Our performance

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CPI DfcdYfh]Ygk]h\Wcad`YhYX7D=fYj]YkUbXfYdcfh]b[Ub]adfcjYXcfghUh]WgWcfY ƫƨ ƫƨ ƫƨ ƫƦ 9bYfƄfYXiWh]cbǙ ƧƧ Ʃ ƪ

Engaging supporters J]g]hcfgfUh]b[j]g]hjYfmYb^cmUV`Y Ʃƥ ƩƩ Ʃƫ Ʃƣ J]g]hcfgfUh]b[j]g]hYb^cmUV`Y#jYfmYb^cmUV`Y Ƭƪ Ƭƪ Ƭƪ ƬƩ J]g]hcfbiaVYfga ƤƬ"ƥ ƤƬ"Ƭ ƥƣ"Ƨ ƥƤ#Ʀ HchU`biaVYfcZaYaVYfg\]dgaǚ Ƥ"Ƭƪ ƥ"ƣƥ ƥ"ƣƦ ƥ#ƣƬ AYaVYfg\]dfYhYbh]cb ƫƧ"ƥƦ ƫƨ"ƣƤ ƫƨ"ƨƤ ƫƨ#ƪƤ Jc`ibhYYffYWcaaYbXUh]cb]bX]WUhcfǛ ƩƦ ƩƦ Ʃƨ ƩƧ Resources and skills BYh;U]bǜ ƫ"ƥ Ƥƣ"Ƥ Ƭ"Ʃ Ƥƣ#Ƭ CjYfU``ghUŶgUh]gZUWh]cbǝ ƨƨ ƨƨ ƨƪ ƨƫ CdYfUh]cbU`aUbU[YaYbhgUh]gZUWh]cb Ʃƥ ƪƬ ƪƬ ƪƫ

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National Trust Annual Report 2014/15 DifghfVhZƄ 7 Improve visitor Address priority enjoyment conservation works Improve the management and engagement of our volunteers Reduce backlog of works to our let estate Improving Engaging

conservation supporters Grow membership

Looking after For everyone growing the nation’s love of special places Reduce Better energy use communicate our cause

For ever

Resources and skills Improve the Ensure financial confidence and sustainability capability of our people

Increase organisational capability and efficiency

6aʩc\g^YZh]Zkʩf`fZdfZgZchZYWmh]ZgZ^cY^XVhʩfg! we continue to deliver Trust-wide programmes.

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8 DifghfVhZƄ Engaging our supporters

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Improving the visitor experience Improving volunteer recommendation

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National Trust Annual Report 2014/15 Engaging our supporters 9 BZbWZfg]^dXʩch^ciZghʩ\fʩk

H\]gmYUfkYkY`WcaYX\ibXfYXgcZh\cigUbXgcZbYk 6cUfXcZHfighYYg"H\YGGDdfc[fUaaYhYUaVY[UbhcYb[U[Y aYaVYfgUbXYbXYXh\YmYUfk]h\("&(a]``]cbaYaVYfg]b k]h\h\Ycf[Ub]gUh]cbUh`Uf[Yh\fci[\UgYf]YgcZ]bhfcXiWhcfm &"$-aYaVYfg\]dg"Ǡ=b&$%'#%( ,)"$cZaYaVYfg\]dgkYfY fcUXg\ckg hcYbgifY[ccXUkUfYbYggUbXcf[Ub]gUh]cbU` fYbYkYX Vih]b&$%(#%)h\]gž[ifY]bWfYUgYXhc,)"+"Cif giddcfhZcfh\YWca]b[W\Ub[Yg"CdYfUh]cbU`5ggifUbWY jU`iYZcfacbYmUbXbYhdfcachYfgWcfYgfYaU]bYXghfcb[" ;fcidgkYfYZcfaYX aUXYidcZdfcdYfhmghUŶZfcaUfcibX AYaVYfg\]d]bWcaYYlWYYXYX—%*$a]``]cbZcfh\Yžfghh]aY" h\YHfigh hcYbgifYh\Uhh\YbYkgmghYagUbXdfcWYggYgkYfY žhZcfdifdcgY"HYW\b]WU`hYUagVY[UbhcXYg][bUbXVi]`XbYk AYaVYfgWUbbckdUmZcfh\Y]fUbbiU`aYaVYfg\]dj]U gmghYagUbXdfcWYggYg]b`]bYk]h\ghUŶfYei]fYaYbhg" acbh\`m]bghU`aYbhg gdfYUX]b[h\YWcghh\fci[\h\YmYUf"=b GYdhYaVYf&$%(kY]bhfcXiWYXUacfYfcVighWfYX]hWUfX!ghm`Y H\YGGD]gh\YgiV^YWhcZWUfYZi`[cjYfbUbWYUbXgWfih]bm" aYaVYfg\]dWUfXh\Uh\UgVYYbkY`WcaYXVmaYaVYfg" Regular audits have found that the programme budget, plans UbXf]g_gUfYVY]b[h][\h`mWcbhfc``YXUbXh\Uhh\YfY]gUfcVigh A good year for fundraising ZfUaYkcf_]bd`UWYhchfUW_VYbYžhfYU`]gUh]cb"GiddcfhZfca h\Y6cUfXcZHfighYYg\UgVYYbghfcb[k]h\UHfighYYgiV![fcid &$%(#%)kUgUbYlWY``YbhmYUf]bk\]W\kYfU]gYX—,)"'a]``]cb  meeting regularly to provide assurance to the Board and to gcaY—%'"&a]``]cbcjYfViX[YhUbXidU`acgh—+a]``]cbcb h\Y7cibW]`UVcihdfc[fYgg"H\Ym\UjYcVgYfjYXh\Uhh\YfY `UghmYUf"@Y[UW]YgUfY]bjU`iUV`YUbXkYkYfYjYfm[fUhYZi` is a strong leadership team in place and that organisational hcfYWY]jY—)$")a]``]cb"H\]g]gidcb`UghmYUf¾gž[ifYcZ—(* Yb[U[YaYbh]g\][\" a]``]cbVihkYaighYbWcifU[YacfY`Y[UWmd`YX[YgUbXkY¾`` be investing more in encouraging our supporters to leave us There have been some notable achievements, particularly in U[]Zh]bh\Y]fK]``"KYUfYU`gc[fUhYZi`hcU``h\cgYdYcd`YUbX h\YUfYUcZGiddcfhYf@cmU`hm"H\YGGDhYUaXY`]jYfYXUbYk cf[Ub]gUh]cbgk\cgiddcfhig fUb[]b[Zfca[fUbh!aU_]b[ giddcfhYfXUhUkUfY\cigYUbXUgi]hYcZbYkaUf_Yh]b[hcc`g" VcX]YgUbXW\Uf]hUV`YhfighghcdYcd`Yk\c\UjYfYgdcbXYXhc These are enabling us to achieve a deeper understanding of cifUddYU`gcfaUXYU[]Zh]bh\Y]fK]``" \ckcifgiddcfhYfgkUbhhcYb[U[Yk]h\h\YHfighUbXdfcj]XY acfYfY`YjUbhgiddcfhYfWcaaib]WUh]cbghch\Ya"H\YfY]g The Heritage Lottery Fund helped us once more by providing gh]``aiW\hcXc"=b&$%) UbYkBUh]cbU`HfighkYVg]hYk]`` U[fUbhcZ—'"-a]``]cbhcgiddcfhh\YbYlhd\UgYcZkcf_Uh VY`UibW\YXU`cb[k]h\UbYkUdd dfcj]X]b[UaiW\f]W\Yf EiUffm6Ub_A]``]b7\Yg\]fYUbXU[fUbhcZ—&&, -$$Zcfh\Y cb!`]bYYldYf]YbWYZcfcifgiddcfhYfg"8if]b[&$%)UbX&$%* GiXVifmAigYiacZ7\]`X\ccX]b8YfVmg\]fY"Gdcfh9b[`UbX bYkh]``gk]``VYfc``YXcihhccifdUm!Zcf!YbhfmdfcdYfh]Yg  UkUfXYXU[fUbhcZ—%"&a]``]cbhcYbUV`Yighckcf_k]h\h\Ya UbXUbYkžbUbWYgmghYaUbXch\YfVUW_!cŹWYgmghYagk]`` cjYfh\YbYlhZYkmYUfgUbXWcbh]biYcifWc``UVcfUh]cb]b VY]ad`YaYbhYX"H\YgYk]``YbUV`YacfYYŹW]Ybh]bhYfbU` XYjY`cd]b[fibb]b[ WmW`]b[UbXkUhYfgdcfhggiW\UgWUbcY]b[ processes and better management information for managers UhUbiaVYfcZcifd`UWYg"H\YKc`Zgcb:cibXUh]cbWcbžfaYX h\fci[\cihh\YHfigh" UZifh\Yfhkc!mYUfdUfhbYfg\]dkcfh\—%a]``]cb UbXh\Y ?]bgifXm7\Uf]hUV`YHfigh[UjYig—%"&)a]``]cb Vch\Zcfdf]cf]hm Promoting our cause WcbgYfjUh]cbdfc^YWhg"AUbmcZcifgiddcfhYfg\Y`dYXighc repair the aftermath of last year’s coastal storms, raised money CifWUigY]gfcchYX]bh\Yj]g]cbcZcifZcibXYfg¹kYYl]gh Zcfh\YMcf_g\]fY8U`YgUbXdfcjYXhcVYdUfh]Wi`Uf`m[YbYfcig hc`cc_UZhYfd`UWYgcZ\]ghcf]W]bhYfYghUbXbUhifU`VYUihmZcf ]b[]j]b[acbYmZcfif[YbhfYdU]fghch\YYUghk]b[cZDck]g YjYfUbXZcfYjYfmcbY"KYWUbcb`mXc]hk]h\h\Y\Y`dcZcif 7Ugh`YbYUfKY`g\dcc`" giddcfhYfgUbXkYkUbhhcYbWcifU[YacfYdYcd`YhcYb^cm h\YgYd`UWYg jU`iYh\YaUbX^c]big]b`cc_]b[UZhYfh\Ya" HmghZbgH^bda^žXVh^ʩcEfʩ\fVbbZ =b&$%(cifaUf_Yh]b[UbXWcaaib]WUh]cbgWcbh]biYXhc ZcWigcbh\Y]adcfhUbWYcZfYWcbbYWh]b[W\]`XfYbk]h\bUhifY  H\YGmghYagG]ad`]žWUh]cbDfc[fUaaYGGD\Ughk]b[cU`gcZ inviting them to participate in our ‘50 Things to do before Yb\UbW]b[giddcfhYf`cmU`hmUbXYb[U[YaYbhk]h\h\YHfigh¾g mci¾fY%%ʨ¾"KYU`gchU`_YXUVcihcifWcbgYfjUh]cbkcf_UbX WUigY UgkY``UgfYXiW]b[]bYŹW]YbhUbXWcgh`maUbiU`]bhYfbU` dfcachYXh\YkUmcifdfcdYfh]Yg dUfh]Wi`Uf`mh\cgYcbh\Y dfcWYggYg"=b&$%( h\YGGDVY[Ubhc[U]bacaYbhiaZc``ck]b[ WcUgh fYgdcbXYXhch\YW\U``Yb[YcZYlhfYaYkYUh\Yf]bh\Y cŹW]U`g][bcŶcZh\YVig]bYggWUgYVmh\Y9lYWih]jYHYUaUbX YUf`mdUfhcZh\YmYUf"

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10 Engaging our supporters Improving conservation and environmental performance

8ʩcgZfjVh^ʩca^ZgVhh]Z]ZVfhʩ[ʩifkʩf`!gʩicYZfghVcY^c\ʩifXʩcgZfjVh^ʩcdZf[ʩfbVcXZ^g vital. Our Conservation Performance Indicator (CPI) is a measurement tool we have developed over the last ten years to help us assess this performance. For each of our properties the 8E>dfʩXZgg^YZch^žZgk]Vh^g^bdʩfhVch^cXʩcgZfjVh^ʩchZfbgVcY^YZch^žZgbZVgifVWaZ XʩcgZfjVh^ʩcʩW_ZXh^jZg#:VX]mZVfkZVggZggʩifdfʩ\fZgg^cVX]^Zj^c\h]ʩgZʩW_ZXh^jZg#

The CPI’s greatest value is at the property and regional scale, CifWcbgYfjUh]cbdfc^YWhYldYbX]hifY]bWfYUgYXhc—%$'"& k\YfYh\Y`YjY`cZXYhU]`]hdfcj]XYg]bZcfag`cWU`XYW]g]cb! a]``]cbZfca—-%"'a]``]cbh\YdfYj]cigmYUf"ǘǗThese aU_]b["Worcestershire to the excellent example of partnership kcf_]b[k]h\GbckXcb]UBUh]cbU`DUf_ ;kmbYXX7cibW]`UbX &$%(#%)kUgUbch\YfgiWWYggZi`mYUf]bh\Ydfc[fYggcZcif Caerphilly County Borough Council on the site of Dinas Emrys, 7D=k]h\U``dfcdYfh]YgWcad`Yh]b[h\Y]f7D=fYj]Ykg]bh]aYhc GbckXcb]U"Wales and Northern Ireland and help us understand GcaYfgYhUbXGhcif\YUX]bK]`hg\]fY UbXgUbXXibYUbXW`]Ŷ h\YdchYbh]U`UbXWcbghfU]bhg UgkY``Ug]hgWiffYbhWcbX]h]cb" \UV]hUhgXUaU[YXUhDifVYW_]b8cfgYh"H\YYUghWcUghkUg KYUbh]W]dUhYkYk]``]XYbh]Zmg][b]žWUbhkcf_fYei]fYXhc U`gcUŶYWhYX dUfh]Wi`Uf`mVmghcfagif[Yg k]h\gU`h!kUhYf Vf]b[U``cif`UbX]b`]bYk]h\cifUgd]fUh]cbZcf]hhcVY\YU`h\m  ]bibXUh]cbcZZfYg\kUhYf\UV]hUhgcZYlWYdh]cbU`bUhifY VYUih]Zi` f]W\]bbUhifYUbXWi`hifY UWWYgg]V`YUbXdfcXiWh]jY" WcbgYfjUh]cb]adcfhUbWYUh6`U_YbYm]bBcfZc`_" H\]gk]``]bhfcXiWYbYkcV^YWh]jYgfY`Uh]b[hc]adfcjYaYbhg]b `UbXWcbX]h]cb]bhch\Y7D=gcZaUbmcZcifdfcdYfh]Yg"

ǘǗ G\cfh!hYfaWmW`]WU`UbXgaU``dfc^YWhg]bW`iXYX]bdfcdYfhmcdYfUh]b[WcghgUacibhYXhc—'%"'a]``]cbUbXdfcdYfhmdfc^YWhg—+%"-a]``]cb"

National Trust Annual Report 2014/15 Improving conservation and environmental performance 11 D`UbhUbXhfYYX]gYUgY\Ugbch\UXUg][b]žWUbh]adUWhcb 8if]b[h\YmYUfkYWcaa]hhYXhcUbYkYbj]fcbaYbhU`dc`]Wm scores across the Trust, but Phytophthora in particular has k\]W\gYhgcihcifcV^YWh]jYgZcfYbYfƄ kUhYf kUghY hfUjY` gYjYfY`mUŶYWhYXUbiaVYfcZcif[UfXYbgk]h\kccXmd`Ubhg UbXk]XYfigYcZfYgcifWYg"Hc\Y`d]ad`YaYbhh\]g kY\UjY giW\Ugf\cXcXYbXfcbUbX]gUŶYWh]b[UbYjYf!]bWfYUg]b[ ghUfhYXdihh]b[]bd`UWYUbcf[Ub]gUh]cb!k]XYYbj]fcbaYbhU` UfYUcZ`UfW\hfYYg"H\YhYbhUW`YgcZUg\X]YVUW_\UjYgdfYUX aUbU[YaYbhgmghYa9AG"KU`YgUbXBcfh\Yfb=fY`UbX k]h\bYkfYdcfhgYaYf[]b[Xif]b[h\YmYUf ]bW`iX]b[]hgžfgh \UjY`YXh\YkUm]bh\]gUfYUUbX\UjY[U]bYXWYfh]žWUh]cb UddYUfUbWYg]bh\YMcf_g\]fY8U`Yg" hc;fYYb8fU[cb`YjY`)UbX6G,)))`YjY`&fYgdYWh]jY`m" 6i]`X]b[cbh\]ggiWWYgg kY\UjYfc``YXcihUdfc[fUaaYcZ Protecting our properties and their settings from infrastructure ]b]h]U`Ybj]fcbaYbhU`fYj]YkgUWfcggh\Y9b[`]g\fY[]cbg¹Ub XYjY`cdaYbh dUfh]Wi`Uf`mfY`Uh]b[hchfUbgdcfhUbXYbYfƄ  YlYfW]gYk\]W\\UgU``ckYXighcVUgY`]bYcifYbj]fcbaYbhU` ]gUb]bWfYUg]b[`mh]aY!Wcbgia]b[UgdYWhcZcifkcf_"CZhYb dYfZcfaUbWYUbX]XYbh]ZmUfYUgZcf]adfcjYaYbh"KYkYfY h\]g]bjc`jYgkcf_]b[W`cgY`mk]h\h\YXYjY`cdYfhca]h][UhY XY`][\hYXh\UhcifWYbhfU`cŹWYgUbXh\YA]X`UbXgfY[]cb h\Y]adUWhg giW\Ugh\Y

KY\UjYgYhcifgY`jYgUhUf[YhhcfYXiWYcifYbYfƄigYVm &$Vm&$&$WcadUfYXk]h\&$$-"KYUfYcbhfUW_hcUW\]YjY h\]g k]h\UWiai`Uh]jY+fYXiWh]cbh\]gmYUf VYUh]b[cif hUf[YhcZ*"6ihhcaYYhcif&$Ugd]fUh]cbk]``VYUV][ hUg_ dUfh]Wi`Uf`mk]h\cif`Uf[Y XfUi[\hmaUbg]cbg"

12 Improving conservation and environmental performance Investing in our people

DjZfh]ZaVghmZVfkZ]VjZXʩch^ciZYhʩ^cjZgh^cʩifdZʩdaZ#LZ]VjZʩjZf,!%%%ghVŶk]ʩ kʩf`k^h]igVaamZVfVcYV[ifh]Zf)!%%%ghVŶk]ʩ_ʩ^cigh]fʩi\]ʩifWig^ZghgibbZf bʩch]g#L]Zh]ZfʩifghVŶVfZdZfbVcZchʩf_ighk^h]ig[ʩfV[Zkbʩch]g!kZhV`Zh]Z^f kZa[VfZVcYhfV^c^c\gZf^ʩigam¹Vaʩc\k^h]jʩaichZZfgh]ZmVfZʩifVbWVggVYʩfg#

>bdfʩj^c\ghVŶgVh^g[VXh^ʩc Developing our people

9jYfmmYUfkYUg_ghUŶh\fci[\cifghUŶgifjYmhchY``ig KY\UjYWcbh]biYXhcXYjY`cdh\Yg_]``gcZcifghUŶUbX \ckkY``kYUfYdYfZcfa]b[UWfcggUfUb[YcZUfYUg"KYigY volunteers, focusing on helping our property teams to give h\Uh]bg][\hhcg\UdYcifd`UbghcYbgifYkY\UjYWcbžXYbh  YlWY``Ybhj]g]hcfYldYf]YbWYg ]adfcj]b[h\Yg_]``gcZcif g_]``YXaUbU[YfgUbXghUŶk]h\h\YYldYfh]gYhc`cc_UZhYfcif catering teams, and helping our property heads of departments gdYW]U`d`UWYg" hcVYWcaYacfYWcbžXYbhUbXWUdUV`Y]b`YUX]b[h\Y]fhYUag" KY\UjYkcf_YXW`cgY`mk]h\cifdfcdYfhmghUŶUbXjc`ibhYYfg H\Y&$%(UbbiU`ghUŶgifjYmkUgjYfmdcg]h]jY"KY\UXU to improve the standards of interpretation in houses and fYWcfXfYgdcbgYfUhYUbXkYfYd`YUgYXhcVYUhcifUbbiU`ghUŶ cihXccfdfcdYfh]Yg gcj]g]hcfgUfYacjYXUbX]bgd]fYXk\Yb gUh]gZUWh]cbgifjYmhUf[Yhhcc"CifcjYfU``ghUŶgUh]gZUWh]cb  j]g]h]b[h\Ya" k\]W\]gh\YhchU`cZU``ghUŶU[fYY]b[k]h\cifghUŶgifjYm eiYgh]cbg ]gbckUh-'k]h\),ghfcb[`mU[fYY]b["H\]g]g We continued to support our managers to become better YlWYdh]cbU``m\][\WcadUfYXhcYlhYfbU`VYbW\aUf_g UbX]g leaders through our ‘Future Engage and Deliver’ leadership Ub]adfcjYaYbhcb&$%&UbX&$%'" dfc[fUaaY"H\]gXYjY`cdaYbhdfc[fUaaYYbgifYgcif aUbU[Yfg\UjYh\Yg_]``gUbXWcbžXYbWYhc`YUXh\Y]fhYUag KYkYfYU`gcd`YUgYXh\UhcifUbbiU`cdYfUh]cbU`aUbU[YaYbh hcXY`]jYfcifd`Ubg" gUh]gZUWh]cbgWcfYkUgaU]bhU]bYXmYUfcbmYUfhcc"H\]gUbbiU` survey is completed by our property general managers and our KY\UjYU`gcWcbh]biYXhcXYjY`cdh\YdfcZYgg]cbU`g_]``gcZcif fY[]cbU`aUbU[YaYbhhYUag"=haYUgifYg\ckYadckYfYXUbX ghUŶ]bcif]b!\cigYWcbgi`hUbWm Ybgif]b[cifYldYfh]gY]gžfgh giddcfhYXh\YmZYY`" W`UggUbXh\UhkYaU]bhU]bcif\][\ghUbXUfXgcZWcbgYfjUh]cb"

6ch\gifjYmfYgi`hgg\ckkYWcbh]biYhcXckY``]bach]jUh]b[ :]bU``m h\fci[\cihh\YmYUfkY\UjYVYYbdfYdUf]b[UbX UbXXYjY`cd]b[cifghUŶ UbXghUŶZYY`acfYWcbžXYbh]bXc]b[ training our central teams and property teams for the h\Y]f^cVg"CbWYU[U]b h\YfYgi`hgg\ckh\YHfigh\UgWcbh]biYX ]bhfcXiWh]cbcZUbiaVYfcZbYkgmghYag UgdUfhcZh\Y hc]adfcjY]hgXYW]g]cb!aU_]b[ VihcifghUŶhY``igh\YfY]ggh]`` GmghYagG]ad`]žWUh]cbDfc[fUaaY"ǘǘH\YbYkid!hc!XUhY acfYhcXc]bh\]gUfYU" gmghYagk]``U``ckcifghUŶUbXjc`ibhYYfghcgdYbXacfY h]aYZcWig]b[cbj]g]hcfgUbXWcbgYfjUh]cb" H\Y&$%(UbbiU`ghUŶgUh]gZUWh]cbgifjYmfYgi`hgkYfYfYƁYWhYX ]bh\Y½6Ygh7cadUb]Yg¾UbbiU`gifjYmcZYad`cmYfg k\]W\ fUhYXh\YHfighUgUb½cihghUbX]b[Yad`cmYfhckcf_Zcf¾"5g part of this survey, the Trust improved its position in the top %$$VYghbch!Zcf!dfcžhYad`cmYfg]bh\YI?"

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National Trust Annual Report 2014/15 Investing in our people 13 HhVŶdVmVcYfZXʩ\c^h^ʩc

We recognise the importance of being transparent and The Committee oversees the remuneration policy for all senior UWWcibhUV`Y]bU``UgdYWhgcZcifkcf_ ]bW`iX]b[\ckkYfYkUfX aUbU[Yfgk\]W\]bW`iXYgh\YVUgYdUm VYbYžhgUbXWcbhfUWhg UbXfYWc[b]gYcifghUŶ"5gUW\Uf]hm kYfYWc[b]gYkYaigh cZYad`cmaYbh"CbUbUbbiU`VUg]gh\Y7caa]hhYYfYj]Ykg balance the need to use the money given to us by our members the base pay and total remuneration of all senior managers, UbXXcbcfgk]gY`m"

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14 Investing in our people Our Plans for 2015/16

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CifbYkghfUhYƄhc&$&) Playing our part, builds on the Helping look after the places where giWWYggYgcZh\Y`UghghfUhYƄUbXUXXfYggYgZihifYWcbgYfjUh]cb people live W\U``Yb[Yg"5h]hg\YUfh]gcifj]fhicigW]fW`YcZghUŶUbX jc`ibhYYfg`cc_]b[UZhYfcifdfcdYfh]YgUbXdfcj]X]b[[fYUh People love their local, everyday heritage, but budget cuts and YldYf]YbWYgZcfj]g]hcfgUbXaYaVYfgk\cgYgiddcfhYbUV`Ygig housing pressure mean local historic buildings and green spaces hcXcacfY"6ihPlaying our part goes beyond that to focus on UfYibXYfh\fYUh"=b&$%)#%*kYk]``VY[]bhch\]b_UVcihk\Uh h\YdiV`]WVYbYžhh\YBUh]cbU`HfighWUb\UjY]bh\Yk]XYfkcf`X  fc`YkYa][\hd`Um]b]bƁiYbW]b[h\YghUhYcZh\Y\]ghcf]WUbX Zfca\Y`d]b[hUW_`Yh\Yh\fYUhghch\YbUhifU`Ybj]fcbaYbh  bUhifU`Ybj]fcbaYbhVYmcbXcifVcibXUf]Yg" hccŶYf]b[YldYf]YbWYgUhcifdfcdYfh]Ygh\UhacjY hYUW\ UbX]bgd]fY"H\Y6cUfXWcbg]XYfYXWUfYZi``mh\YWcbgYfjUh]cb Creating experiences of our places W\U``Yb[YgZUW]b[h\YbUh]cbUbXVY`]YjYgh\YbYkghfUhYƄ h]VhbʩjZ!hZVX]VcY^cgd^fZ fYdfYgYbhgh\YVYghUddfcUW\hcZi`ž``]b[h\YHfigh¾gWcfYdifdcgY cjYfh\YbYlhhYbmYUfg"=b&$%)#%*kYUfYZcWig]b[kcf_cbh\Y Our ambition is to provide great experiences and interpretation žfghghYdgkYbYYXhchU_YhcXY`]jYfcifbYkhYb!mYUfghfUhYƄ" UhU``cifdfcdYfh]Yg g][b]žWUbh`mYb\UbWYcifcŶYf]bh\Y outdoors, and develop a number of transformational experiences Looking after what we have k\]W\WcbbYWhdYcd`Yk]h\cifWi`hifU`\Yf]hU[Y"=b&$%)#%*kY k]``]bjYgh]bh\Yj]g]hcfYldYf]YbWYUWfcggcifYghUhYUbXhYgh CifghfUhYƄUaV]h]cb]ghcY`]a]bUhYh\YVUW_`c[cZkcf_ghch\Y \ckkYWUbVYacfY]bbcjUh]jY]bcifdfYgYbhUh]cbUbXcŶYf" properties in our care and to meet their cyclical conservation bYYXg"=bh\YmYUfU\YUXkYk]``ZcWigcbfYXiW]b[cifVUW_`c[  continue to invest in our let estate, and continue to reduce our YbYfƄigYUbX]bWfYUgY]bjYghaYbh]bfYbYkUV`Yg"

National Trust Annual Report 2014/15 Our Plans for 2015/16 15 Growing support for what we do

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Introduction Statement of Financial Activities

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0.0 2010 2011 2012 2013 2014 2015

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Investment manager Benchmark % of Pool Return % Benchmark % managed at 31 March 2015

Legal and General FTSE All-Share Total Return Index 30 $"-& %"%, @cb[j]YkDUfhbYfg@@D MSCI All Countries World Index &* %+"- %$"* BYkhcb RPI + 5% %* ("$ *"+ Capital Group RPI + 5% %* %"+ *"+ 6`UW_FcW_ RPI + 5% 11 *"* *"+ JP Morgan Asset Management IPD Property Index 1 %*"$ %-"'

18 Financial review Reserves • H\YbYYXhcdfcj]XYg\cfh!hYfadfchYWh]cbU[U]bghXckbkUfX ƁiWhiUh]cbg]bUbbiU`fYjYbiYgcfWUd]hU`fYWY]dhg giW\Ug`Y[UW]Yg/ 6YYgZhh^c\djgeZgeZijVażcVcX^VadWa^\Vi^dch • H\YbYYXhcdfcj]XY`cb[!hYfaghfUhY[]WžbUbW]U`giddcfhhc dfcdYfh]Yg ZibXXYjY`cdaYbhkcf_cfWYbhfU`]bZfUghfiWhifY/ Our purpose is to conserve places of historic interest or natural beauty • H\YbYYXhcžbUbWYibd`UbbYXdfc^YWhgUbXUWei]g]h]cbgk\YfY dYfaUbYbh`mZcfh\YVYbYžhcZh\YbUh]cb"H\]g]gaU]b`mUW\]YjYXVm h\YbYYXUf]gYg/ XYW`Uf]b[dfcdYfh]Yg]bU`]YbUV`Y"H\]gdckYf]gh\YWcfbYfghcbYcZcif • H\YbYYXhcdfcj]XYUžbUbW]U`Wig\]cb]bh\YYjYbhcZYlhfYaY kcf_"DfcdYfhmXYW`UfYX]bU`]YbUV`YWUbbchVYgc`Xcfacfh[U[YX UbX W]fWiaghUbWYgUŶYWh]b[h\YW\Uf]hm¾gUV]`]hmhccdYfUhY/ WUbbchVYWcadi`gcf]`mdifW\UgYXU[U]bghcifk]g\Yg k]h\cih]bjc_]b[ • H\YbYYXhcdfchYWhh\YHfighZfca]bjYghaYbhaUf_Yhf]g_" UgdYW]U`dUf`]UaYbhUfmdfcWYXifY"CbWYh\Y6cUfXcZHfighYYg\Ug XYW`UfYXdfcdYfhm]bU`]YbUV`Y ]hWUbbchfYjYfgYh\UhXYW`UfUh]cb" Unrestricted Reserves H\YHfigh¾gibfYghf]WhYXfYgYfjYgUfYgd`]hVYhkYYbh\Y;YbYfU` Protecting the nation’s heritage for ever, for everyone is a massive Fund – our central unrestricted reserve, property reserves and other ibXYfhU_]b[k\]W\fYei]fYggiVghUbh]U`žbUbW]U`fYgcifWYgYUW\mYUf" XYg][bUhYXZibXg"8if]b[h\YWcifgYcZ&$%)#%*h\YHfighk]``VY Inalienable properties and other properties held for preservation bring ]ad`YaYbh]b[UbYkžbUbW]U`acXY`Zcf]hgdfcdYfh]Yg"H\]gk]``Zifh\Yf k]h\h\YaUdYfaUbYbhfYgdcbg]V]`]hmZcfh\Y]fZihifYWUfYh\Uh]adcgYg YaVYXh\Y—%*(a]``]cbhchU`fYgYfjYgh\fYg\c`X]bcifžbUbW]U` giVghUbh]U`UbXdYfdYhiU`žbUbW]U`cV`][Uh]cbg" d`Ubb]b[UbXYbgifYh\UhUbUddfcdf]UhYVU`UbWY]gghfiW_VYhkYYb unrestricted reserves available to properties and those held centrally H\YgWU`YcZcifWmW`]WU`fYdU]fkcf_]gYbcfacig"8Ygd]hYgdYbX]b[ h\Y;YbYfU`:ibX" Ub]bWfYUg]b[UacibhcbdfcdYfhmWcbgYfjUh]cbfYdU]fkcf_YUW\ mYUf h\]g]ggh]``bchaYYh]b[U``cifUbbiU`fYdU]fbYYXg"5gdUfhcZh\Y 7iffYbh`mcifibfYghf]WhYXfYgYfjYgUacibhhc—&'(")a]``]cb&$%(. XYjY`cdaYbhcZh\YbYkghfUhYƄ h\YHfigh\UgVYYbkcf_]b[hceiUbh]Zm —&%%"%a —+$")a]``]cb]bYlWYggcZcifh\fYg\c`X&$%(.—(+"%aUVcjY h\Yif[YbhVUW_`c[kcf_UhdfcdYfh]YgUbXh\YY`]a]bUh]cbcZh\Y\][\! h\Yh\fYg\c`X" df]cf]hmUfYUg]gcbYcZh\Y_YmghfUbXgcZh\YbYkghfUhYƄ"CifUddfcUW\ \UgVYYbhcYbgifYh\Uhh\YVUW_`c[XcYgbch]bWfYUgY VmWUfYZi` The General Fund: £77 million (2014: £40 million) hUf[Yh]b[cZg\cfh!hYfaWmW`]WU`hUg_g"H\YgdYbXcbVUW_`c[kcf_Xif]b[ H\Y;YbYfU`:ibX]gh\YHfigh¾gWYbhfU`ibfYghf]WhYXfYgYfjY"=hgdifdcgY &$%(#%)kUg—'*"(a]``]cbgYYBchY%&hch\YžbUbW]U`ghUhYaYbhg" ]ghcdfcj]XYUfYgYfjYhcžbUbWYWYbhfU`]bZfUghfiWhifY dfcj]XY Reserves policy UWWYgghcXYjY`cdaYbhWUd]hU`ZcfdfcdYfh]Ygk]h\]bgiŹW]YbhfYgYfjYg h\YagY`jYgUbX]bWYfhU]bW]fWiaghUbWYghcžbUbWYibZcfYgYYbdfc^YWhg H\YHfigh¾gfYgYfjYgUfYXYžbYXUg]hghchU`ibfYghf]WhYXZibXg UbXUWei]g]h]cbgk\YfYbcfYghf]WhYXZibXgUfYUjU]`UV`YZcfh\]gdifdcgY" YlW`iX]b[h\YžlYXUggYhfYgYfjYUbXh\YdYbg]cbZibXXYžW]h" The Trust’s unrestricted reserves represent those resources that Property Reserves and Other Designated Funds £157.5 million h\YHfighWUbigYZcfUbmcZ]hgW\Uf]hUV`YdifdcgYg" (2014: £138.5m)

The remainder of the Trust’s unrestricted reserves are held at properties KYbYYXUWcbg]ghYbh`mghfcb[žbUbW]U`dYfZcfaUbWY]ZciffYgYfjYg cf]bZibXgXYg][bUhYXZcfdUfh]Wi`UfdifdcgYg" UfYhcVYgiŹW]YbhhcUXXfYggcif`cb[!hYfabYYXg"Cif`cb[!hYfa intention is to improve our operating result and so to increase the DfcdYfhmfYgYfjYgWiffYbhjU`iY—%%$"(a &$%(.—-$"*afYdfYgYbh level of reserves – and to ensure that, as far as possible, restricted property operating surpluses that remain after meeting the costs of ZibXgUfYigYXVYZcfYciffYgYfjYghcZibXdfc^YWhgUbXUWei]g]h]cbg" WcbgYfjUh]cbfYdU]fUbX]adfcjYaYbhkcf_ WcaaYfW]U`XYjY`cdaYbh UbXh\YdifW\UgYcZd`UbhUbXYei]daYbh" FYgYfjYgUfYUb]b\YfYbhdUfhcZh\Yf]g_aUbU[YaYbhdfcWYgg"H\Y bYYXZcffYgYfjYgk]``jUfmXYdYbX]b[cbcifžbUbW]U`dcg]h]cbUbXcif FYgYfjYg\Y`XUhdfcdYfh]YggYfjYh\YdifdcgYcZdfcj]X]b[žbUbW]U` UggYggaYbhcZh\YaUbmf]g_gkYZUWYUhUdUfh]Wi`Ufh]aY"FYgYfjYg protection against income uncertainty, variability in the extent of our thresholds are assessed as part of our strategic planning process, dfc^YWhWcaa]haYbhgUbXUžbUbW]U`Wig\]cb]bh\YYjYbhcZdfcdYfh]Yg WiffYbh`mcbUh\fYY!mYUfWmW`Y"H\YbYYXhcaU]bhU]bUbXghfYb[h\Yb VY]b[ibUV`Yhc[YbYfUhY]bWcaYXif]b[YlhfYaYYjYbhg" fYgYfjYgk]``U`gcVYhU_Yb]bhcUWWcibh]bh\YUbbiU`d`Ubb]b[UbX ViX[Yh]b[dfcWYgg" :ibXgXYg][bUhYXVmh\YHfighZcfdUfh]Wi`UfdifdcgYgWiffYbhjU`iY —(+"$a &$%(.—(+"-aUfYVY]b[fYj]YkYXUbXk\YfYdcgg]V`Y Xif]b[ The Trust aims to maintain its total unrestricted reserves level above h\YWcifgYcZ&$%) k]``VYhfUbgZYffYXhcdfcdYfhmfYgYfjYgcfhch\Y —%*(a]``]cbgiV^YWhhcUbbiU`]bƁUh]cb"H\]gh\fYg\c`X\UgVYYbgYh ;YbYfU`:ibXUgUddfcdf]UhY" Vmh\Y6cUfXZc``ck]b[UbUggYggaYbhcZh\YZc``ck]b[ZUWhcfg.

National Trust Annual Report 2014/15 Financial review 19 IʩhVa[icYg—&!&*%b

600.0

500.0

400.0

300.0

£m 200.0

100.0

0.0 Endowment Restricted Designated General -100.0

Pension deficit -200.0

2013/14 £m 2014/15 £m

Administration and management

H\Y6cUfXcZHfighYYg\Ugi`h]aUhYfYgdcbg]V]`]hmZcfk\Uhh\Y 8if]b[h\YmYUfhkcHfighYYg 7`UfY6fccaUbXF]W_K]``g kYfY BUh]cbU`HfighXcYg Wcbg]ghYbhk]h\gYWh]cb%++cZh\Y7\Uf]h]Yg5Wh Uddc]bhYXZcfgYWcbXh\fYY!mYUfhYfag"?Y]h\>UaYgghccXXckbUZhYf &$%%"H\]gghUhYgh\UhW\Uf]hmHfighYYgUfY½h\YdYfgcbg\Uj]b[h\Y cbYhYfa"KYUfY[fUhYZi`hc?Y]h\Zcf\]gWcbhf]Vih]cbcbh\Y6cUfX" [YbYfU`Wcbhfc`UbXaUbU[YaYbhcZh\YUXa]b]ghfUh]cbcZU7\Uf]hm¾" KYkYfYXY`][\hYXhckY`WcaY>c\bGY``UbX8Uj]XGaUfhaYaVYf The Board of Trustees is appointed by the Council and had 11 members cZh\Y7cibW]`UgbYkHfighYYg" Uhh\YYbXcZ&$%(#%)" =bBcjYaVYf&$%(kY\Y`Xcif5;A]bGk]bXcb"5bUWWcibhcZh\Y The Council appoints the Board and holds it to account, helping the aYYh]b[WUbVYZcibXcbdU[Y*(" HfighghUmhfiYhc]hgWcfYdifdcgY"AcfY]bZcfaUh]cbcbh\Y7cibW]` WUbVYZcibX]bh\Y7cibW]`¾gfYdcfhcbdU[Yg&*hc&,UbX]bh\Y`]gh We are a founder member of the International National Trusts cZ7cibW]`aYaVYfg\]dcbdU[Y*&" Cf[Ub]gUh]cb=BHCUbXkY\cghh\Y=BHCGYWfYhUf]UhUhcif@cbXcb cŹWY &$;fcgjYbcf;UfXYbg GK%K$8<"=BHC]gUfY[]ghYfYXW\Uf]hm Charity Trustees have a duty to report in the Trustees’ Annual Report ]bh\YI?W\Uf]hmbiaVYf%%&,&&( k]h\h\YcV^YWh½hcdfcachYh\Y cbh\Y7\Uf]hm¾gdiV`]WVYbYžh"H\Ymg\ci`XXYacbghfUhYh\Uhh\Ym conservation and enhancement of the natural and cultural heritage UfYW`YUfUVcihh\YVYbYžhgh\UhUfY[YbYfUhYXVmh\YUWh]j]h]YgcZh\Y cZU``bUh]cbgZcfh\YVYbYžhcZh\YdYcd`YcZh\Ykcf`X¾"H\fci[\ 7\Uf]hm"H\YdfYdUfUh]cbcZh\]g5bbiU`FYdcfh\UgbchYXh\Y7\Uf]hm co-operation, co-ordination and comradeship, INTO enables heritage 7caa]gg]cb[i]XUbWYcbdiV`]WVYbYžh]bgYWh]cb(cZh\Y7\Uf]h]Yg organisations to exchange information, and develops and promotes 5Wh&$%%"H\YfYdcfhXYgWf]VYgh\YUWh]j]h]Ygh\UhXY`]jYfcifWcfY VYghdfUWh]WY" difdcgYcZ`cc_]b[UZhYfgdYW]U`d`UWYgZcfYjYf ZcfYjYfmcbY"

8if]b[&$%(#%)h\Y7cibW]`Uddc]bhYXH]aDUf_YfUg7\U]faUb  giWWYYX]b[G]acb>Yb_]bgk\cghccXXckbUhh\Y&$%(5;A\Uj]b[ Wcad`YhYXhkch\fYY!mYUfhYfag"=b8YWYaVYf&$%(h\Y7cibW]`U`gc appointed Council member and Trustee Orna NiChionna as Deputy 7\U]faUbhcgiWWYYX7\Uf`Yg;ifUggU"7\Uf`YgkUgh\Y`UghcZcif HfighYYgk\c^c]bYXh\Y6cUfXk\Yb]hkUgžfghYghUV`]g\YX]b&$$)" KYkci`X`]_Yhch\Ub_7\Uf`YgZcf\]gcihghUbX]b[Wcbhf]Vih]cbUg 8Ydihm7\U]faUb HfighYY 7cibW]`aYaVYfUbXWcaa]hhYYaYaVYf"

20 Administration and management Structure and internal control

HhfiXhifZ!\ʩjZfcVcXZVcYbVcV\ZbZch Governance volunteers HiViZbZcid[i]Z7dVgY¼hgZhedch^W^a^i^ZhVhIgjhiZZh A large number of individuals are involved, all in a voluntary capacity, The Trustees are responsible for preparing the Trustees’ Annual Report ]bcif[cjYfbUbWYdfcWYggYg"H\]ggYWh]cbcZh\YfYdcfhXYgWf]VYgh\Y UbXh\YžbUbW]U`ghUhYaYbhg]bUWWcfXUbWYk]h\Udd`]WUV`Y`UkUbX aUbmkUmg]bk\]W\h\YgYjc`ibhYYfgd`UmUfc`Y]bgiddcfh]b[h\Y Ib]hYX?]b[Xca5WWcibh]b[GhUbXUfXgIb]hYX?]b[Xca;YbYfU``m aUbU[YaYbhUbXUXa]b]ghfUh]cbcZh\YHfigh" 5WWYdhYX5WWcibh]b[DfUWh]WY"

5gh\YHfighYYgkYUfYfYgdcbg]V`YZcfh\YUXa]b]ghfUh]cbUbX H\Y`UkUdd`]WUV`YhcW\Uf]h]Yg]b9b[`UbXUbXKU`YgfYei]fYgh\Y aUbU[YaYbhcZh\YBUh]cbU`Hfigh"KYWiffYbh`mWcadf]gY%%aYaVYfg  HfighYYghcdfYdUfYžbUbW]U`ghUhYaYbhgZcfYUW\žbUbW]U`mYUfk\]W\ []jYUhfiYUbXZU]fj]YkcZh\YghUhYcZUŶU]fgcZh\Y7\Uf]hmUbXh\Y all appointed by the Council under the recruitment processes set out in group and of the incoming resources and application of resources of cif&$$)DUf`]UaYbhUfmGW\YaY" h\Y7\Uf]hm#[fcidZcfh\UhdYf]cX" The Council considers recommendations from a Nominations =bdfYdUf]b[h\YgYžbUbW]U`ghUhYaYbhg h\YHfighYYgUfYfYei]fYXhc. 7caa]hhYYgYhidhc\Y`d]hk]h\h\YhfighYYUddc]bhaYbhdfcWYgg" 7iffYbh`mg]lcZcifHfighYYgUfY7cibW]`aYaVYfg k]h\h\YfYaU]bXYf • gY`YWhgi]hUV`YUWWcibh]b[dc`]W]YgUbXh\YbUdd`mh\YaWcbg]ghYbh`m/ VY]b[YlhYfbU`Uddc]bhaYbhg"5VYgdc_Y]bXiWh]cbdfc[fUaaY]g • observe the methods and principles in the Charities Statement of XYg][bYXZcfYUW\bYkHfighYYhc]bZcfah\YaUVcihh\YHfigh¾g\]ghcfm  FYWcaaYbXYXDfUWh]WYGCFD/ [cjYfbUbWYghfiWhifY ghfUhYƄ žbUbWYgUbXh\YXY`Y[Uh]cbZfUaYkcf_ • aU_Y^iX[YaYbhgUbXYgh]aUhYgh\UhUfYfYUgcbUV`YUbXdfiXYbh/ k\]W\[cjYfbgXYW]g]cb!aU_]b["H\]g]gZUW]`]hUhYXVmh\YGYWfYhUfmUbX • ghUhYk\Yh\YfUdd`]WUV`YUWWcibh]b[ghUbXUfXg\UjYVYYbZc``ckYX  ]gXY`]jYfYXh\fci[\aYYh]b[gk]h\aYaVYfgcZh\Y9lYWih]jYHYUa" giV^YWhhcUbmaUhYf]U`XYdUfhifYgX]gW`cgYXUbXYld`U]bYX]bh\Y žbUbW]U`ghUhYaYbhg/UbX FY[]cbU`j]g]hg\cghYXVmcif`cWU`hYUag\Y`dbYkHfighYYgibXYfghUbX • dfYdUfYh\YžbUbW]U`ghUhYaYbhgcbh\Y[c]b[!WcbWYfbVUg]gib`Ygg]h \ckh\YHfigh]gaUbU[YX \ckcifghfUhY[]WcV^YWh]jYgUfYXY`]jYfYX ]g]bUddfcdf]UhYhcdfYgiaYh\Uhh\Y7\Uf]hmk]``Wcbh]biY]bVig]bYgg" UbXh\YW\U``Yb[Ygh\YHfighZUWYg"Cb[c]b[hfU]b]b[]gU`gcdfcj]XYX  and routine Board business is supplemented by seminars aimed at H\YHfighYYgUfYfYgdcbg]V`YZcf_YYd]b[dfcdYfUWWcibh]b[fYWcfXg Yb\UbW]b[UbXXYjY`cd]b[HfighYYg¾ibXYfghUbX]b[cZh\YHfigh¾gkcf_" h\UhX]gW`cgYk]h\fYUgcbUV`YUWWifUWmUhUbmh]aYh\YžbUbW]U`dcg]h]cb cZh\Y7\Uf]hmUbX[fcidUbXYbUV`Yh\YahcYbgifYh\Uhh\YžbUbW]U` ghUhYaYbhgWcad`mk]h\h\Y7\Uf]h]Yg5Wh&$%% h\Y7\Uf]hm5WWcibhg UbXFYdcfhgFY[i`Uh]cbg&$$,UbXh\Ydfcj]g]cbgcZh\YBUh]cbU`Hfigh 5Wh%-+%"H\YmUfYU`gcfYgdcbg]V`YZcfgUZY[iUfX]b[h\YUggYhgcZh\Y 7\Uf]hmUbXh\Y[fcidUbX\YbWYZcfhU_]b[fYUgcbUV`YghYdgZcfh\Y dfYjYbh]cbUbXXYhYWh]cbcZZfUiXUbXch\Yf]ffY[i`Uf]h]Yg"

The Trustees are responsible for the maintenance and integrity of the 7\Uf]hmUbXžbUbW]U`]bZcfaUh]cb]bW`iXYXcbh\Y7\Uf]hm¾gkYVg]hY" @Y[]g`Uh]cb]bh\YIb]hYX?]b[Xca[cjYfb]b[h\YdfYdUfUh]cbUbX X]ggYa]bUh]cbcZžbUbW]U`ghUhYaYbhgaUmX]ŶYfZfca`Y[]g`Uh]cb]b ch\Yf^if]gX]Wh]cbg"

National Trust Annual Report 2014/15 Structure and internal control 21 Committees of the Board of Trustees Advisory Panels

KY\UjYZcifghUbX]b[Wcaa]hhYYgk\]W\\Y`digk]h\cifkcf_" The National Trust has six specialist conservation advisory panels: H\Y]faYaVYfgUfY`]ghYXcbdU[Y*'cZh\]gfYdcfh" h\Y5fW\UYc`cƄDUbY` 5fW\]hYWhifU`DUbY` 5fhgDUbY` ;UfXYbgDUf_g DUbY` FifU`9bhYfdf]gYgDUbY`UbXBUhifU`9bj]fcbaYbhDUbY`"KYU`gc The Appointments Committee \UjYU7caaYfW]U`DUbY`k\]W\kcf_gW`cgY`mk]h\h\Y6cUfXcZH\Y H\]gWcadf]gYgaYaVYfgcZh\Y6cUfXd`igUbYlhYfbU`aYaVYf" BUh]cbU`Hfigh9bhYfdf]gYg@]a]hYXUbXH\YBUh]cbU`HfighFYbYkUV`Y The Committee recommends to us suitable candidates for committees 9bYfƄ@]a]hYXgYYVY`ckUbXU@YUfb]b[9b[U[YaYbhDUbY`"H\Y of the Board, chairmen of Regional/Country Advisory Boards and dUbY`gUfYaUXYidcZYldYfhg]bYUW\cZh\Y]fUfYUgk\c[]jYidh\Y]f W\U]faYbcZ5Xj]gcfmDUbY`g"H\Y7caa]hhYYU`gcaU]bhU]bgUb h]aYZfYYcZW\Uf[YhcUXj]gYigUbXh\YHfigh¾gghUŶ"DUbY`7\U]faYb cjYfj]YkcZbcb!YlYWih]jYUddc]bhaYbhgUbX]bXiWh]cbdfcWYggYg are appointed by the Board of Trustees on the recommendation of UbX[ccXdfUWh]WY[YbYfU``m]bh\YgYUfYUgUWfcggh\YHfigh" cif5ddc]bhaYbhg7caa]hhYY"9UW\7\U]faUb]gfYgdcbg]V`YZcf h\YUddc]bhaYbhcZgi]hUV`YYldYfhghc\]gcf\YfdUbY`"5`]ghcZh\Y The Audit Committee aYaVYfgcZh\YgYdUbY`g]gdfcj]XYXcbdU[Yg*'hc*(" This assists us in discharging our oversight responsibilities, by cjYfgYY]b[h\YžbUbW]U`fYdcfh]b[dfcWYgg]bcfXYfhcfYj]Ykh\YVU`UbWY  During 2014/15 the Board of Trustees approved changes to the structure hfUbgdUfYbWmUbX]bhY[f]hmcZcifdiV`]g\YXžbUbW]U`]bZcfaUh]cb"=hU`gc and terms of reference of the Regional/Country Advisory Boards fYj]Ykgh\YYŶYWh]jYbYggcZh\YHfigh¾g]bhYfbU`Wcbhfc` f]g_aUbU[YaYbh UbX5Xj]gcfmDUbY`g"H\YbYkghfiWhifY k\]W\k]``VY]bd`UWYZfca and compliance systems, the Trust’s internal audit function and the GYdhYaVYf&$%) k]``VYfYdcfhYX]bh\Y5bbiU`FYdcfhZcf&$%)#%*" external audit function, including recommending and assessing the dYfZcfaUbWYcZh\YYlhYfbU`UiX]hcf"8if]b[h\YmYUf h\Y7caa]hhYY Governance review fYj]YkYXh\YUddc]bhaYbhcZDf]WYkUhYf\cigY7ccdYfg@@DUgYlhYfbU` UiX]hcfgUbXfYWcaaYbXYXhch\Y6cUfXcZHfighYYgh\Y]ffYUddc]bhaYbh" HYbmYUfgU[ckYaUXYaU^cfW\Ub[Yghccif[cjYfbUbWYUffUb[YaYbhg" H\YgY]bW`iXYXh\YYghUV`]g\aYbhcZh\Y6cUfXcZHfighYYg"8if]b[ The Investment Committee 2014/15 the Board and Council agreed to use the ten-year anniversary H\]gfYj]Ykgh\YaUbU[YaYbhcZcif]bjYghaYbhgcbcifVY\U`Z" cZh\cgYW\Ub[YghcfYj]Ykh\Y]fgiWWYggUbXhcXYhYfa]bYk\Yh\Yf The Committee recommends to the Board of Trustees an appropriate Zifh\YfW\Ub[YkUgXYg]fUV`Y"H\YfYj]Yk[YbYfUhYXUbiaVYfcZ ]bjYghaYbhghfUhYƄ UXj]gYgcbh\YgY`YWh]cbcZ]bjYghaYbhaUbU[Yfg fYWcaaYbXUh]cbgidcbk\]W\BUh]cbU`HfighaYaVYfgk]``VYWcbgi`hYX UbXacb]hcfgh\Y]fdYfZcfaUbWYU[U]bghU[fYYXVYbW\aUf_g" Xif]b[&$%)VYZcfYh\Y6cUfXfYUW\YgWcbW`ig]cbg"H\cgYWcbW`ig]cbg k]``VYg\UfYXk]h\aYaVYfgXif]b[&$%)#%*UbXh\Y]fU[fYYaYbhgci[\h The Senior Management Remuneration Committee k\YfYfYei]fYX" This manages the remuneration and terms of employment of senior aUbU[Yfg]bh\YBUh]cbU`Hfigh UbXfYj]Ykgh\YHfigh¾ggiWWYgg]cb Service arrangements d`Ubb]b[UbXXYjY`cdaYbhUWh]j]h]YgZcfgYb]cfaUbU[YaYbh" All our governance volunteers described in the above groups are The Council ibdU]X U`h\ci[\YldYbgYgUfYfY]aVifgYX"

The Council appoints the Board of Trustees and holds the Trustees to UWWcibh"=hU`gcUddc]bhgh\Y7\U]faUbUbX8Ydihm7\U]faUbcZh\Y Hfigh"H\Y7cibW]`¾gfYdcfhhcaYaVYfgcb]hgUWh]j]h]Yg]gdfYgYbhYX cbdU[Yg&*hc&,"5biaVYfcZBca]bUh]cbg7caa]hhYYgUfYgYhid Vmh\Y7cibW]`hc\Y`dk]h\jUf]cigUddc]bhaYbhUbXY`YWh]cbUWh]j]h]Yg h\fci[\cihh\YmYUf"H\YaYaVYfgcZh\Y7cibW]`UfY`]ghYXcbdU[Y*&"

Regional/Country Advisory Boards

Regional/Country Advisory Boards provide advice and support to HfighghUŶcdYfUh]b[]bh\Y9b[`]g\fY[]cbg KU`YgUbXBcfh\Yfb =fY`UbX"5gHfighYYgkYfYWY]jYh\Y]fUXj]WYcb]adcfhUbh]ggiYgUbX fYWY]jYfYdcfhgZfcah\YacbWYUmYUfcbh\Y]fUWh]j]h]YgUgkY``Ug cbgdYW]žW]ggiYg UgbYYXYX"FY[]cbU`UbX7cibhfm7\U]faYbUfY currently appointed by the Board of Trustees on the recommendation cZcif5ddc]bhaYbhg7caa]hhYY"AYaVYfgcZh\Y5Xj]gcfm6cUfXg are currently appointed by their Chairmen on the recommendation cZh\Y]ffYgdYWh]jYUddc]bhaYbhggiVWcaa]hhYYg k\]W\aUm]bW`iXY UbYlhYfbU`aYaVYf"5`]ghcZh\YaYaVYfgcZh\YgY5Xj]gcfm6cUfXg ]gdfcj]XYXcbdU[Y*'"

22 Structure and internal control Historic House Hotels Limited

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The Board of Trustees delegates various functions to the Executive H\Y6cUfXcZH\YBUh]cbU`Hfigh9bhYfdf]gYg@]a]hYX]gfYgdcbg]V`Y HYUaUbXch\YfghUŶ j]Uh\Y8]fYWhcf!;YbYfU`"H\YgYZibWh]cbgUfY Zcf]hgUWh]j]h]Yg"H\Y6cUfX¾gaYaVYfgUddc]bhYXVmh\Y6cUfXcZ giaaUf]gYX]bUGW\YaYcZ8Y`Y[Uh]cbk\]W\kYfYj]YkdYf]cX]WU``m" HfighYYg]bW`iXYVch\bcb!YlYWih]jYgUbXgYb]cfHfighghUŶ"H\Y6cUfX performs the same role as any company board, overseeing the running Risk Management cZh\YWcadUbm gYhh]b[UbXacb]hcf]b[]hgViX[Yh Uddfcj]b[aU^cf YldYbX]hifYUbXUddfcj]b[h\Y5bbiU`FYdcfhUbXžbUbW]U`ghUhYaYbhg" F]g_aUbU[YaYbh]gUb]bhY[fU`dUfhcZ[ccXWcfdcfUhY[cjYfbUbWY hck\]W\h\YHfigh]gWcaa]hhYX"KYhU_YWUfYhcibXYfghUbXUbXhc

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Health & safety and operational risk management

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KYfYWcfXk]h\fY[fYhh\YZUhU`]h]Ygh\UhcWWifYUW\mYUfcbHfigh `UbX"H\fci[\cihh\Y`UghžbUbW]U`mYUfh\YfYkYfYhkY`jYfYdcfhYX ZUhU`]h]Yg"H\YgYkYfYdf]aUf]`mgi]W]XYgcfZfcabUhifU`WUigYg"H\YgY UfYhfUiaUh]WZcfh\YZUa]`]YgWcbWYfbYX UbXZcfghUŶk\c\UjYhcXYU` k]h\h\Ya"H\YHfigh]gbchWiffYbh`mgiV^YWhhcUbmYbZcfWYaYbhUWh]cb UgUfYgi`hcZUbmcZh\YZUhU`]h]Ygk\]W\cWWiffYXh\]gmYUf"

24 Structure and internal control Thanks

=h]gUd`YUgifYUbXdf]j]`Y[YhcVY7\U]faUbcZh\YBUh]cbU`Hfigh" :]bU``m kYh\Ub_cifghUŶk\cgYYldYfh]gY XYX]WUh]cbUbXg\YYf =h]gUbcf[Ub]gUh]cb=UXa]fYYbcfacig`mUbXh\Uh=kUg]bjc`jYXk]h\ Ybh\ig]UgaUfYUb]bgd]fUh]cb"KYUfY]bUXa]fUh]cbZcfU``h\Uhh\Ym for many years as a member of the Trust’s Commercial Panel before XcZcfh\YHfighUbXh\YfYVmh\YbUh]cb" VYWca]b[h\Y7\U]faUb]bBcjYaVYf&$%(" KYUfYd`YUgYXhcdfYgYbhh\YHfighYYg¾FYdcfhhccifaYaVYfg" Since becoming Chairman I have continued to be impressed by the XYX]WUh]cb _bck`YX[YUbXYldYfh]gYcZcifghUŶ jc`ibhYYfgUbX aUbmgiddcfhYfg"H\YHfigh]gUbcf[Ub]gUh]cbh\UhXYdYbXgidcb the contributions of many individuals all united by our ambitions for WcbgYfjUh]cbUbXUWWYgg"CbVY\U`ZcZh\Y6cUfXcZHfighYYg=kci`X `]_Yhch\Ub_YjYfmcbYZcfh\Y]fkcf_UbXgiddcfhXif]b[&$%(#%)" Timothy Parker Chairman :]fgh kYh\Ub_h\Y7cibW]`k\cgYWc``YWh]jY_bck`YX[Y YldYfh]gY On behalf of the Board of Trustees UbXk]gXca\UgWcbh]biYXhcdfcj]XYYlhfYaY`migYZi`giddcfhUbX 15 July 2015 W\U``Yb[Yhch\Y6cUfXcZHfighYYg"KYUfYd`YUgYXhc]bW`iXYh\Y 7cibW]`¾g5bbiU`FYdcfhhcaYaVYfgk]h\]bh\]gXcWiaYbh"

KYU`gch\Ub_h\YaUbm]bX]j]XiU`gk\c\UjYgYfjYXcbcif FY[]cbU`#7cibhfm5Xj]gcfm6cUfXgUbXYldYfhDUbY`g"CjYfaUbm mYUfgh\YgYVcX]Yg\UjYdfcj]XYX]bjU`iUV`Y_bck`YX[YUbXYldYfh]gY hcHfighYYgUbXghUŶ"H\Y]f]bdih\Ug]adfcjYX]adcfhUbhWcbgYfjUh]cb dfc^YWhgUbXd`UbgUbXcdYbYXcifYmYghcbYkcddcfhib]h]Yg"H\Ymk]`` Wcbh]biYhcd`UmUj]hU`fc`Y]bZihifYmYUfg"

KYUfYYlhfYaY`m[fUhYZi`hccif("&a]``]cbaYaVYfg cif[YbYfcig donors, the many members of Centres and Associations, local Wcaa]hhYYgUbXZf]YbXg[fcidg"H\Y]fgiddcfh]gj]hU`hccifkcf_UbX WYbhfU`hccifbYkghfUhYƄ"5gYjYf kYUfY]bXYVhYXhch\Y*& $$$!d`ig dYcd`Yk\cjc`ibhYYfk]h\ig"K]h\cihh\YakYkci`XbchVYUV`Yhc `cc_UZhYfcifgdYW]U`d`UWYg"Jc`ibhYYfgUfYUaVUggUXcfgZcfh\YHfigh  \Y`d]b[ighcYb[U[Yk]h\cifj]g]hcfg WcbbYWhk]h\`cWU`Wcaaib]h]Yg UbXfYUW\bYkUiX]YbWYg"

AUbmcZh\YZcfaYfckbYfgcZcifdfcdYfh]YgUbXh\Y]fZUa]`]YgWcbh]biY hcd`UmUbUWh]jYfc`Yk]h\h\YHfigh"KYjU`iY\][\`mcifWcbh]bi]b[ fY`Uh]cbg\]dk]h\cif[YbYfcigXcbcfgUbXVYbYZUWhcfg"

KYkcf_k]h\hccaUbmcf[Ub]gUh]cbghch\Ub_h\YaU``]bX]j]XiU``mgc kYh\Ub_mciWc``YWh]jY`m"Kcf_]b[]bdUfhbYfg\]dk]h\ch\Yfg]gWf]h]WU` ]ZkYUfYhcUW\]YjYcif]adcfhUbhcV^YWh]jYg"H\YbYYXZcfdUfhbYfg\]d kcf_]b[k]``[fck]bZihifYmYUfg"KYUfYYbcfacig`m[fUhYZi`Zcfh\Y funding, collaboration and ideas that partners contribute to so much cZcifkcf_"

KYUfY[fUhYZi`hch\cgYk\c\UjY\Y`dYXZibXcif`Uf[YghUbXacgh Wcad`YldfcdYfhmWcbgYfjUh]cbUbXXYjY`cdaYbhdfc^YWhg ]bW`iX]b[ the Heritage Lottery Fund, Natural England, the SITA Trust, the Rural Development Programme for England, players of People’s Postcode @chhYfm h\YKc`Zgcb:cibXUh]cb h\Y;UfžY`XKYghcb:cibXUh]cbUbX h\YAcbiaYbhHfigh"

National Trust Annual Report 2014/15 Thanks 25 Annual Report of the Council 2014/15

Annual Report of the Council 2014/15

5WWcfX]b[hccifWcbgh]hih]cb]h]gh\Y^cVcZh\Y7cibW]`hcVY½h\Y H\YGmghYagG]ad`]žWUh]cbDfc[fUaaYGGD]gUaU^cfdfc[fUaaY [iUfX]UbcZh\Ygd]f]hcZh\YHfighUbX]hg`cb[!hYfacV^YWh]jYg¾" ]bjYgh]b[—'-a]``]cbcjYfh\fYYmYUfghchfUbgZcfah\YHfigh¾gVig]bYgg Its members – half of them elected and half appointed – are not gmghYag";]jYbh\Yf]g_gUggcW]UhYXk]h\giW\dfc[fUaaYg h\Y fYgdcbg]V`YZcfh\YXUm!hc!XUmcdYfUh]cbcZh\YHfigh"BcfUfYh\Ymh\Y 7cibW]`kUbhYXhc_bckk\UhgmghYagh\Y6cUfXkUgig]b[hcacb]hcf HfighYYg"=bghYUX h\Y]f^cV]ghcaU_YgifYh\Uhh\Y6cUfXcZHfighYYg dfc[fYgg k\UhW\Ub[YaUbU[YaYbhdfcWYggYgkYfY]bd`UWYUbX\ck ]g`YUX]b[h\Ycf[Ub]gUh]cbYŹW]Ybh`mUbXYŶYWh]jY`mcbVY\U`ZcZh\Y ]hkci`XaYUgifYh\YgiWWYggcZh\Ydfc[fUaaY" bUh]cbh\Uh]hgYfjYg" KYkYfYUggifYXh\Uhh\Y6cUfX\UXfYj]YkYXdfc[fUaaYhUf[YhgUbX AYaVYfgcZh\Y7cibW]`WcaYZfcaUk]XYfUb[YcZdfcZYgg]cbU` ]bg]ghYXh\YgYVYW`YUfUbXaYUgifUV`Y"Ghfcb[ \]YfUfW\]WU`ghfiWhifYg VUW_[fcibXgUbX`]jY]baUbmX]ŶYfYbhUfYUg"K\]`YgcaYUfYgdYW]U`]ghg kYfY]bd`UWYhcaUbU[YW\Ub[Y"9UW\kcf_ghfYUa\UXUdfc[fUaaY ]bh\YžY`XgcZWcbgYfjUh]cb ZUfa]b[cfk]`X`]ZYaUbU[YaYbh ch\Yfg VcUfXk\]W\fYdcfhYXhch\YGGD6cUfXW\U]fYXVmh\Y8]fYWhcf!;YbYfU`" Vf]b[VfcUXYfYldYf]YbWYZfcah\Ykcf`XgcZYXiWUh]cb jc`ibhYYf]b[ =ZfYei]fYX ]ggiYgkYfYYgWU`UhYXhcUHfighYYkcf_]b[[fcidUbX]Z UbXWcaaYfWY"K\Uhh\YmU``\UjY]bWcaacb]gUWcaa]haYbhhch\Y bYWYggUfm h\Y6cUfX" kcf_cZh\YBUh]cbU`HfighUbX]hgfYgdcbg]V]`]hmhc`cc_UZhYfgdYW]U` gdUWYgZcfYjYf ZcfYjYfmcbY" KYh\YbWcbg]XYfYXh\YYbYfƄYŹW]YbWmhUf[Yhgh\YHfigh\UXgYh ]hgY`ZZcfh\YdYf]cXhc&$&$"5gkY``UgkUbh]b[hcibXYfghUbXk\m H\Y7cibW]`aYYhgZcifh]aYgXif]b[h\YmYUfhcWcbg]XYfh\Ykcf_cZ reductions in total consumption and increases in the proportions of the Board of Trustees and discuss a range of issues important to the fYbYkUV`YYbYfƄjUf]YXgcaiW\VYhkYYbdfcdYfh]Yg kYkUbhYXhcVY ZihifYgiWWYggcZh\YBUh]cbU`Hfigh" fYUggifYXh\UhUXYeiUhY]bjYghaYbhZibXgkYfYVY]b[aUXYUjU]`UV`Y" KYkYfYhc`Xh\Uhh\YhUf[YhgZcfYbYfƄgUj]b[UbX[YbYfUh]cbkYfY Holding the Board of Trustees to account gh]``UW\]YjUV`YVihh\Uhh\Y6cUfXkUgfY`iWhUbhhcaU_YYbYfƄ reduction one of its top three strategic priorities during the initial Monitoring the performance of the Board of Trustees is the most hkcmYUfgcZh\YGGD" ]adcfhUbh^cVcZh\Y7cibW]`"5gkY``UgU``ck]b[]hgaYaVYfghcfU]gY UX\cWeiYgh]cbg]bfYgdcbgYhch\Y6cUfX¾geiUfhYf`mfYdcfhgUbX H\Yh\]fXUfYUkY`cc_YXUhkUgh\YHfigh¾gaUbU[YaYbhcZcjYf) -$$ a]bihYgcZ]hgaYYh]b[g h\Y7cibW]`\c`XgUbUbbiU`gYgg]cb]bk\]W\ farm and residential tenancies in the face of changing economic aYaVYfgcZh\Y6cUfXUfYZcfaU``mW\U``Yb[YXcbhcd]Wg^iX[YXhcVY UbXfY[i`UhcfmdfYggifYgcbh\YfifU`YWcbcam"KYkYfYhc`Xh\Uh cZdUfh]Wi`Ufg][b]žWUbWYhch\Y`cb[!hYfagiWWYggUbXfYdihUh]cbcZ h\Y6cUfXkUgib\Uddmk]h\gcaYUgdYWhgcZWiffYbhdYfZcfaUbWY  h\YHfigh" YgdYW]U``mk]h\fY[UfXhch\YfYdU]fcZVi]`X]b[g"H\YHfigh]gfYgdcbX]b[ k]h\UaU^cfdfc[fUaaYcZ]bjYghaYbh]bfYg]XYbh]U`dfcdYfh]Yg U 5hcif>ibYaYYh]b[kYW\U``Yb[YXh\Y6cUfXcZHfighYYgcbZcifaU^cf fYj]YkcZfifU`gifjYmcfg_]``g VYhhYfVYbW\aUf_]b[cZdYfZcfaUbWY  giV^YWhg.acXYfb]gUh]cbcZh\YHfigh¾gVig]bYgggmghYag/UWh]cbghc and recognising the priority of land, landscape and nature in the ]bWfYUgYYbYfƄYŹW]YbWm/h\YaUbU[YaYbhcZZUfaUbXfYg]XYbh]U` YaYf[]b[ghfUhYƄ" hYbUbW]Yg/UbX\ckh\Y6cUfXUggifYg]hgY`Zh\Uhh\YHfigh¾gdfcdYfh]Yg UbXWc``YWh]cbgUfYVY]b[dfcdYf`mWcbgYfjYX"

26 Annual Report of the Council 2014/15 CifgYgg]cbWcbW`iXYXk]h\UXYVUhYUVcihh\Y7cbgYfjUh]cb 8if]b[&$%'#%( h\YBUh]cbU`Hfigh`UibW\YXUfYj]YkcZ]hg[cjYfbUbWY DYfZcfaUbWY=bX]WUhcfg7D=igYXhcaYUgifYh\YWcbX]h]cbcZh\Y UffUb[YaYbhgk]h\h\YU]acZaU_]b[gifYh\Uhh\YmUfYdfcj]X]b[h\Y Hfigh¾gdfcdYfh]YgUbXWc``YWh]cbg"

Looking ahead Council visit to Wales

5hcifAUfW\aYYh]b[kYX]gWiggYXh\Y_YmWcbgYfjUh]cbW\U``Yb[Yg 9UW\mYUf h\Y7cibW]`\c`Xg]hggiaaYfaYYh]b[UkUmZfca@cbXcb ZUW]b[h\YHfighUbXh\YbUh]cbcjYfh\YbYlh&$mYUfg"H\]gkUgcbY cfGk]bXcb]bcfXYfhc[]jY]hgaYaVYfgUbcddcfhib]hmhcX]gWiggh\Y of a number of discussions intended to identify their implications kcf_cZh\YHfighcbh\Y[fcibX]bh\YWcadUbmcZ]hgfY[]cbU`ghUŶ UbX]bZcfah\Y]ad`YaYbhUh]cbcZh\YHfigh¾gbYkghfUhYƄk\]W\ UbXjc`ibhYYfg"8if]b[cifj]g]hhcKU`Yg]b&$%(kYgUk\ckh\YHfigh kUg`UibW\YX]bAUfW\&$%)"KYZcibXcifgY`jYg]bU[fYYaYbhk]h\ kUgkcf_]b[]bdUfhbYfg\]dk]h\ch\Yfcf[Ub]gUh]cbghcaU_Yh\Yacgh the premise that modern land use and the decline of nature present cZh\Y]ffYgdYWh]jY\Yf]hU[YUggYhg]bh\YaYX]YjU`hckbcZ7cbkm" fYU`h\fYUhghccifWcfYdifdcgY"KYWcbW`iXYXh\Uhh\YHfighg\ci`X KYU`gcj]g]hYX

Committees of the Council oversee the appointment of the Chairman UbX8Ydihm7\U]faUbcZh\YHfigh UgkY``UgfYWcaaYbX]b[h\Y appointment of Trustees and overseeing the election and appointment cZ7cibW]`aYaVYfg"

Having established a Nominations Committee in 2013 to begin the gYUfW\ZcfUbYk7\U]faUb h\Y7cibW]`Uh]hg>ibYaYYh]b[kUgd`YUgYX hcUddc]bhH]ach\mDUf_YfhccŹWYk]h\YŶYWhZfcah\Y&$%(5;A"

National Trust Annual Report 2014/15 Annual Report of the Council 2014/15 27 8if]b[h\YmYUfh\YfYkYfYgcaYW\Ub[Ygcbcif6cUfXcZHfighYYg" Get involved CfbUB]7\]cbbUU7cibW]`aYaVYfkUgUddc]bhYX8Ydihm7\U]faUb cb%>UbiUfm&$%)"8Uj]XGaUfhU7cibW]`aYaVYfUbX>c\bGY``kYfY H\YHfigh]g_YYbhcYbWcifU[YaYaVYfgk\c\UjYUgYf]cig]bhYfYgh appointed as Trustees for initial terms of three years from 1 January ]b]hgkcf_ YgdYW]U``m]ZUWei]fYXUgUjc`ibhYYf bchcb`mhcjchY]b &$%)"?Y]h\>UaYgfYh]fYXcb'%5i[igh&$%(\Uj]b[gYfjYXcbYhYfa h\YUbbiU`7cibW]`Y`YWh]cbVihhcWcbg]XYfghUbX]b[UgUWUbX]XUhY" cZcŹWY UbX7\Uf`Yg;ifUggUghYddYXXckbUg8Ydihm7\U]faUbcb KYkY`WcaYUdd`]WUh]cbgZfcaU``gYWh]cbgcZh\YWcaaib]hm" '%8YWYaVYf&$%( \Uj]b[gYfjYX^ighcjYfb]bYmYUfgcbh\Y6cUfX" AcfY]bZcfaUh]cbUVcih\ckhcUdd`mWUbVYZcibXcbcifkYVg]hY 7UfmgGkUbk]W_ 7Ufc`]bY;ccXU``UbX7\f]ghcd\YfFcXf][iYgkYfY kkk"[cjYfbUbWYjUWUbW]Yg"cf["i_" fYUddc]bhYXXif]b[h\YmYUfZcfgYWcbXhYfagcZh\fYYmYUfg"

8if]b[h\YmYUfh\YfYkYfYW\Ub[Ygcbcif7cibW]`"5hh\Y5;A  GhYjY5bXYfgcb HUaUg]b8Uj]YgUbX6Y``UG`UhcfkYfYbYk`mY`YWhYX" =UbFckUh 8Uj]XGWchh A]W\UY`Gh>c\bDUf_YfUbX:fUbWYgK]``]Uag kYfYYUW\fY!Y`YWhYXZcfUZifh\Yfh\fYY!mYUfhYfa"B]W\c`U>c\bgcb Timothy Parker kUgfYUddc]bhYXZcfUZifh\Yfh\fYY!mYUfhYfaVmh\YAigYiag 8]V^fbVcʩcWZ]Va[ʩ[h]Z8ʩicX^a Association and John Hughes’ appointment by The Wildlife Trusts 15 July 2015 kUgYlhYbXYXZcfg]lacbh\g"

:]bU``m h\Y7cibW]`kci`X`]_YhcdUmkUfahf]VihYhch\YZc``ck]b[ Y`YWhYXUbXUddc]bhYXaYaVYfgk\cWcad`YhYXh\Y]fhYfagcZ cŹWYh\]gmYUf.5bbY7UgYaYbh >c\b:Uf`Ym >]``AUm AU`Wc`a5]fg Uddc]bhYXVmh\Y>c]bh7cibW]`cZBUh]cbU`5aYb]hmGcW]Yh]YgUbX Rowan Whimster 7\Uf`Yg;ifUggU7cbZYXYfUh]cbcZ6f]h]g\=bXighfm" HZc^ʩfBZbWZfʩ[h]Z8ʩicX^a 15 July 2015

28 Annual Report of the Council 2014/15 Consolidated Statement of Financial Activities for the year ended 28 February 2015

Unrestricted Restricted Endowment Total Total Funds Funds Funds 2015 2014 BchYg £’000 £’000 £’000 £’000 £’000 Incoming resources Incoming resources from generated funds: Voluntary income Appeals and gifts Ƥ Ƭƫƪ Ƭ ƬƩƦ ƥƥƨ Ƥƥ!Ƥƪƨ Ƥƣ ƥƣƤ Legacies ƦƦ ƣƨƪ ƤƩ ƫƬƩ ƨƫƨ ƨƣ!ƨƦƫ Ƨƨ ƬƤƧ Operating grants and contributions ƥ Ƥƥƣ ƪ ƫƩƤ - ƪ!ƬƫƤ ƫ ƦƦƦ Activities for generating funds 9bhYfdf]gYUbXfYbYkUV`YYbYfƄ]bWcaY ƨ ƩƧ ƦƦƫ Ƭƥƥ - Ʃƨ!ƥƩƣ Ʃƣ ƫƨƫ Hotel income ƨ - ƫ Ƥƨƣ - ƫ!Ƥƨƣ ƫ ƣƬƧ Investment income ƥƣ Ƨ Ƨƥƥ Ƭ ƫƧƧ Ƥƥ ƫƦƪ ƥƪ!ƤƣƦ ƥƩ ƬƤƬ ƤƣƦ ƬƥƧ ƨƦ ƩƦƩ ƤƦ ƩƧƪ ƤƪƤ!ƥƣƪ ƤƩƣ ƦƤƬ >cXʩb^c\fZgʩifXZg[fʩbX]Vf^hVWaZVXh^j^h^Zg/ Membership income Ʀ ƤƩƣ ƬƬƫ --ƤƩƣ!ƬƬƫ Ƥƨƣ Ʀƣƥ Dfc^YWh[fUbhgUbXWcbhf]Vih]cbg ƥ Ƥ ƤƤƦ ƤƦ ƧƬƪ - ƤƧ!ƩƤƣ ƤƧ Ƥƥƣ Direct property income Ƨ ƤƤƦ Ƨƣƣ ƦƤ ƪƧƨ - ƤƧƨ!ƤƧƨ ƤƦƥ ƫƤƩ ƥƪƨ ƨƤƤ Ƨƨ ƥƧƥ - Ʀƥƣ!ƪƨƦ ƥƬƪ ƥƦƫ

Other incoming resources Other income ƪ ƬƦƧ ƧƤƥ ƫƣƥ ƥ!ƤƧƫ ƥ ƪƧƤ Total incoming resources Ʀƫƣ ƦƩƬ ƬƬ ƥƬƣ ƤƧ ƧƧƬ ƧƬƧ!Ƥƣƫ ƧƩƣ ƥƬƫ

Resources expended Costs of generating funds: Appeals and gifts ƤƤ Ƥ ƫƬƦ ƤƪƬ - ƥ!ƣƪƥ ƥ ƥƨƤ Legacies ƤƤ ƩƦƧ --ƩƦƧ Ƨƪƨ Enterprise costs ƨ ƤƤ Ƨƪ ƣƥƦ ƤƬƫ - Ƨƪ!ƥƥƤ ƧƧ ƪƣƧ Hotel costs ƨ ƤƤ - ƫ ƣƤƤ - ƫ!ƣƤƤ ƪ Ƭƨƥ Investment management costs ƤƤ ƥƣ Ʃƥƨ Ƥ ƧƨƬ Ƥ ƬƦƬ Ƨ!ƣƥƦ Ʀ ƪƣƩ ƨƣ Ƥƪƨ Ƭ ƫƧƪ Ƥ ƬƦƬ ƩƤ!ƬƩƤ ƨƬ ƣƫƫ

8]Vf^hVWaZVXh^j^h^Zg/ Property operating costs ƤƤ Ƥƪƨ ƣƧƦ ƫƦ ƩƧƪ Ƨ ƥƨƫ!ƩƬƧ ƥƧƥ ƨƨƨ 9ldYbX]hifYcbdfcdYfhmdfc^YWhg ƤƤ Ƥƥ ƧƧ ƨƫƦ ƥƪ ƥƬƬ Ʀƥ ƪƤ!ƬƤƧ Ʃƥ Ʃƣƪ 5Wei]g]h]cbg ƤƤ ƤƬ Ƥ ƥƨƧ Ʃ ƤƬƥ - ƪ!ƧƧƩ ƨ ƪƫƨ Conservation and advisory services ƤƤ ƥƫ ƩƣƦ Ƥ ƦƥƩ - ƥƬ!ƬƥƬ ƥƫ ƥƤƦ Membership, recruitment, publicity and education ƤƤ ƤƦ Ʃƪ ƫƧƫ Ƨƣƥ - Ʃƫ!ƥƨƣ Ʃƪ ƩƥƩ ƦƤƪ ƦƦƤ ƤƤƫ ƫƩƩ ƦƩ ƧƦƩ!ƥƦƦ ƧƣƩ ƪƫƩ Governance costs ƤƤ Ƥƨ Ƥ ƪƣƫ --Ƥ!ƪƣƫ ƥ ƣƩƦ Total resources expended ƤƩ ƦƩƬ ƥƤƧ Ƥƥƫ ƪƤƦ Ƥ Ƭƪƨ ƧƬƬ!Ƭƣƥ ƧƩƪ ƬƦƪ

CZh^cXʩb^c\$ʩih\ʩ^c\fZgʩifXZgWZ[ʩfZhfVcg[Zfg ƤƩ ƤƤ Ƥƨƨ ƥƬ ƧƥƦ Ƥƥ ƧƪƧ ƨ!ƪƬƧ ƪ ƩƦƬ Transfers ƤƩ Ƥ ƫƥƨ ƥƣ ƥƦƧ ƥƥ ƣƨƬ - - CZh^cXʩb^c\$ʩih\ʩ^c\fZgʩifXZgWZ[ʩfZʩh]Zf ƤƩ ƥƣ Ƥƥ Ƭƫƣ Ƭ ƤƫƬ Ƭ ƨƫƨ ƨ!ƪƬƧ ƪ ƩƦƬ recognised gains and losses Gains on investment assets ƥƣ ƥƣ ƬƬƪ ƥƦ ƪƤƫ Ʀƪ ƣƧƦ ƫƤ!ƪƨƫ Ʃƣ ƣƬƧ 5WhiUf]U``cggYgcbXYžbYXVYbYžhdYbg]cbgW\YaY ƤƩ ƥƨ Ƥƥ ƫƤƤ --Ƥƥ!ƫƤƤ Ʀƨ ƣƩƤ Net movement in funds ƥƤ ƤƩƩ ƤƧ ƨƥƬ ƥƪ Ƨƨƫ ƩƦ!ƤƨƦ Ƥƪ ƦƬƧ :ibXVU`UbWYgVfci[\hZcfkUfXUh%AUfW\ ƤƩ ƤƫƤ ƧƦƨ ƧƣƩ ƬƤƩ ƧƬƫ Ƥƫƣ Ƥ!ƣƫƩ!ƨƦƤ Ƥ ƣƩƬ ƤƦƪ ;icYWVaVcXZgXVff^ZY[ʩfkVfYVh'-;ZWfiVfm %* %+ &$& *$% 421,445 )&) *', Ƥ!ƤƧƬ!ƩƫƧ % $,* )'%

H\YbYh]bWca]b[fYgcifWYgcZibfYghf]WhYXZibXgUfYUbU`mgYXVYhkYYbh\Y;YbYfU`:ibX XYg][bUhYXZibXgUbXdYbg]cbXYžW]h]bBchY%*" All amounts above derive from continuing operations and the National Trust has no recognised gains or losses other than those passing through h\Y7cbgc`]XUhYXGhUhYaYbhcZ:]bUbW]U`5Wh]j]h]Yg"H\YfY]gbcaUhYf]U`X]ŶYfYbWYVYhkYYbh\YbYhcih[c]b[fYgcifWYgVYZcfYhfUbgZYfgUbXh\Y]f \]ghcf]WU`WcghYei]jU`Ybhg"

National Trust Annual Report 2014/15 The Financial Statements 2014/15 29 Balance Sheets as at 28 February 2015

Consolidated The Charity

Note ƥƣƤƨ ƥƣƤƧ ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Fixed assets Tangible assets Ƥƫ ƤƬƣ!ƬƣƤ Ƥƫƫ ƣƨƦ Ƥƫƫ!ƥƬƫ Ƥƫƨ ƨƣƩ Investments ƥƣ ƥƧ Ƥ!ƣƪƫ!ƫƬƨ Ƥ ƣƥƩ ƫƦƧ Ƥ!ƣƪƩ!ƫƬƨ Ƥ ƣƥƧ ƫƦƧ =bjYghaYbh]bgiVg]X]UfmibXYfhU_]b[g ƨ - - ƤƬ!Ʀƫƥ ƤƬ Ʀƫƥ Ƥ!ƥƩƬ!ƪƬƩ Ƥ ƥƤƧ ƫƫƪ Ƥ!ƥƫƧ!ƨƪƨ Ƥ ƥƥƬ ƪƥƥ Current assets GhcW_gUbXkcf_]bdfc[fYgg ƥƤ ƫ!Ʀƥƫ ƫ ƦƤƣ ƬƪƩ Ƥ ƥƣƥ Debtors ƥƥ ƫƨ!ƨƧƩ ƫƣ ƨƫƩ ƫƪ!ƪƫƬ ƫƥ ƩƤƧ 7Ug\UhVUb_UbX]b\UbX ƥƣ ƥƧ Ƨƫ!ƪƧƦ ƥƤ ƥƩƦ Ƨƪ!Ʀƥƨ ƤƬ ƫƨƤ Total current assets ƤƧƥ!ƩƤƪ ƤƤƣ ƤƨƬ ƤƦƩ!ƣƬƣ ƤƣƦ ƩƩƪ

8iffZcha^VW^a^h^Zg 7fYX]hcfg.UacibhgZU``]b[XiYk]h\]bcbYmYUf ƥƦ ƬƤ!ƧƧƪ ƪƧ ƨƩƪ ƬƬ!ƣƨƣ ƫƥ ƦƤƤ Net current assets ƨƤ!Ƥƪƣ Ʀƨ ƨƬƥ Ʀƪ!ƣƧƣ ƥƤ ƦƨƩ

Total assets less current liabilities Ƥ!Ʀƥƣ!ƬƩƩ Ƥ ƥƨƣ ƧƪƬ Ƥ!ƦƥƤ!ƩƤƨ Ƥ ƥƨƤ ƣƪƫ Creditors: amounts falling due after one year ƥƦ Ƥƪ!ƥƪƪ ƤƩ ƦƤƨ Ƥƪ!ƥƪƪ ƤƩ ƦƤƨ CZhVggZhgZlXaiY^c\dZcg^ʩca^VW^a^hm Ƥ!ƦƣƦ!ƩƫƬ Ƥ ƥƦƧ ƤƩƧ Ƥ!ƦƣƧ!ƦƦƫ Ƥ ƥƦƧ ƪƩƦ 8YžbYXVYbYžhdYbg]cb`]UV]`]hm ƥƨ ƤƨƧ!ƣƣƨ ƤƧƪ ƩƦƦ ƤƨƧ!ƣƣƨ ƤƧƪ ƩƦƦ CZh6ggZhg^cXaiY^c\dZcg^ʩca^VW^a^hm Ƥ!ƤƧƬ!ƩƫƧ Ƥ ƣƫƩ ƨƦƤ Ƥ!Ƥƨƣ!ƦƦƦ Ƥ ƣƫƪ ƤƦƣ

The funds of the charity: 9bXckaYbhZibXg ƤƩ Ƥƪ ƨƥƨ!ƩƦƫ ƧƬƫ Ƥƫƣ ƨƥƩ!ƣƨƫ ƧƬƫ ƩƣƤ Restricted income funds ƤƩ Ƥƪ ƧƥƤ!ƧƧƨ ƧƣƩ ƬƤƩ ƧƥƤ!ƩƪƧ Ƨƣƪ ƤƦƩ Total restricted funds ƬƧƪ!ƣƫƦ Ƭƣƨ ƣƬƩ ƬƧƪ!ƪƦƥ Ƭƣƨ ƪƦƪ Designated funds ƤƩ Ƥƪ ƥƪƬ!Ʃƥƨ ƥƫƬ ƣƧƫ ƥƪƬ!Ʃƥƨ ƥƫƬ ƣƧƫ General Fund ƤƩ Ƥƪ ƪƩ!ƬƫƤ Ƨƣ ƣƥƣ ƪƩ!ƬƫƤ ƦƬ Ƭƪƫ Unrestricted income funds excluding pension reserve ƦƨƩ!ƩƣƩ ƦƥƬ ƣƩƫ ƦƨƩ!ƩƣƩ ƦƥƬ ƣƥƩ Pension reserve ƤƩ Ƥƪ ƤƨƧ!ƣƣƨ ƤƧƪ ƩƦƦ ƤƨƧ!ƣƣƨ ƤƧƪ ƩƦƦ Total unrestricted income funds ƥƣƥ!ƩƣƤ ƤƫƤ ƧƦƨ ƥƣƥ!ƩƣƤ ƤƫƤ ƦƬƦ Total charity funds ƤƩ Ƥƪ Ƥ!ƤƧƬ!ƩƫƧ Ƥ ƣƫƩ ƨƦƤ Ƥ!Ƥƨƣ!ƦƦƦ Ƥ ƣƫƪ ƤƦƣ

H\YžbUbW]U`ghUhYaYbhgcbdU[Yg&-hc)*kYfYUddfcjYXVmh\Y6cUfXcZHfighYYgcb%)>i`m&$%)UbXg][bYXcb]hgVY\U`ZVm.

Timothy Parker Orna NiChionna Chairman Deputy Chairman 15 July 2015 15 July 2015

30 The Financial Statements 2014/15 Consolidated Cash Flow Statement for the year ended 28 February 2015

Note ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ CZhXVg]ʩihƁʩk[fʩbʩdZfVh^c\VXh^j^h^Zg ƥƧ ƥ!ƨƥƥ Ƥƪ ƫƤƤ

GZhifcgʩc^cjZghbZchgVcYgZfj^X^c\ʩ[žcVcXZ Investment income received ƥƪ!ƤƣƦ ƥƩ ƬƤƬ

8Vd^hVaZldZcY^hifZVcYžcVcX^Va^cjZghbZch Purchase of investments ƥƧƣ!Ƭƨƣ ƥƫƤ ƨƧƬ Proceeds on sale of investments ƥƨƣ!ƫƪƨ ƥƬƬ Ƨƪƥ Other movements in investment cash ƥƤ!ƪƩƥ Ƭ ƫƦƬ DifW\UgYcZhUb[]V`YžlYXUggYhg Ʀƣ!ƦƩƬ Ʀƣ ƬƬƤ DfcWYYXgcbgU`YcZhUb[]V`YžlYXUggYhg ƨ ƤƧƤ CZhXVg]^cƁʩk$ʩihƁʩk[fʩbXVd^hVaZldZcY^hifZVcYžcVcX^Va^cjZghbZch Ƥ!ƦƥƦ Ʀ ƣƫƫ 8Vg]^cƁʩkWZ[ʩfZžcVcX^c\ ƥƨ!ƬƣƧ Ʃ ƣƥƣ

Financing 9bXckaYbhbYh]bWcaY Ƥ!ƨƪƩ ƥƦƬ 8Vg]^cƁʩk[fʩbžcVcX^c\ Ƥ!ƨƪƩ ƥƦƬ CZh^cXfZVgZ^ckʩf`^c\XVg]WVaVcXZ ƥƧ ƥƪ!Ƨƫƣ Ʃ ƥƨƬ

National Trust Annual Report 2014/15 The Financial Statements 2014/15 31 1. Accounting Policies

H\YžbUbW]U`ghUhYaYbhg\UjYVYYbdfYdUfYX Basis of consolidation Appeals and gifts ]bUWWcfXUbWYk]h\h\Ydfcj]g]cbgcZh\Y H\YWcbgc`]XUhYXžbUbW]U`ghUhYaYbhg 5ddYU`gUbX[]ZhgUfYfYWc[b]gYXk\Ybh\Y Statement of Recommended Practice consist of the Charity and its subsidiaries: WUg\]gfYWY]jYX";]Zh5]Xh\YfYcb]gUWWcibhYX ‘Accounting and Reporting by Charities’ H\YBUh]cbU`Hfigh9bhYfdf]gYg@]a]hYX  for on a receivable basis and is added to ]ggiYX]bAUfW\&$$)½GCFD&$$)¾ h\Y Historic House Hotels Limited and The fYghf]WhYXZibXgk\YfYUddfcdf]UhY"K\YfY 7\Uf]h]Yg5WWcibhgUbXFYdcfhgFY[i`Uh]cbg BUh]cbU`HfighFYbYkUV`Y9bYfƄ@]a]hYX" the use of the income has been restricted in &$$, h\Y7\Uf]h]Yg5Wh&$%%UbXUdd`]WUV`Y H\YBUh]cbU`Hfigh\UghU_YbUXjUbhU[Y UWWcfXUbWYk]h\h\YXcbcf¾gk]g\Yg UddYU`g 5WWcibh]b[GhUbXUfXg]bh\YIb]hYX?]b[Xca" of the exemption available not to present and gifts income is credited to an appropriate Additionally, the National Trust is a Statement of Financial Activities for the fund until it can be spent for the purpose governed by Acts of Parliament – the National 7\Uf]hm"H\YbYhcih[c]b[fYgcifWYgcZh\Y Zcfk\]W\]hkUg[]jYb"BcjU`iY]gd`UWYX Hfigh5Whg"H\YBUh]cbU`Hfigh5Wh%-+%½h\Y 7\Uf]hmUfYX]gW`cgYX]bBchY%*hch\YžbUbW]U` on heritage assets gifted to the Trust in 5Wh¾`UmgXckb`Y[U``mV]bX]b[fYei]fYaYbhg ghUhYaYbhg"H\YhifbcjYfUbXYldYbX]hifY UWWcfXUbWYk]h\h\YBUh]cbU`Hfigh¾gdc`]Wm UbXdfcj]g]cbgh\UhUfYfY`YjUbhhch\YkUmh\Y cZh\YgiVg]X]Uf]YgUfY]bW`iXYXk]h\]bh\Y cb\Yf]hU[YUggYhg" HfighdfYdUfYg]hgUbbiU`žbUbW]U`ghUhYaYbhg" 7cbgc`]XUhYXGhUhYaYbhcZ:]bUbW]U`5Wh]j]h]Yg" Accordingly, the Trust has prepared its The assets and liabilities of the subsidiaries Legacies žbUbW]U`ghUhYaYbhgVUgYXidcbh\Y are included on a line-by-line basis in the Legacies are accounted for on a receivable fYei]fYaYbhgUbXdfcj]g]cbgk]h\]bh\Y5Wh" Consolidated Balance Sheet in accordance VUg]g"DYWib]Ufm`Y[UW]YgUfYfYWc[b]gYX An important provision set out in the Act k]h\:FG&¹5WWcibh]b[ZcfGiVg]X]Ufm Zc``ck]b[ZcfaU`bch]žWUh]cbZfcah\Y fY`UhYghch\YHfigh¾g\Yf]hU[YUggYhg"H\YHfigh IbXYfhU_]b[g"Ib]ZcfaUWWcibh]b[dc`]W]YgUfY YghUhY"FYg]XiUfm`Y[UW]YgUfYfYWc[b]gYX considers its inalienable property and other UXcdhYXh\fci[\cihh\Y[fcidUbXUbmdfcžhg cb`mk\Ybh\YBUh]cbU`Hfigh¾g]bhYfYghWUb property or personal chattels held in trust, or losses arising on intra-group transactions VYaYUgifYX k\]W\]gbcfaU``mcb[fUbhcZ cfUWei]fYXVmh\YHfighZcfdfYgYfjUh]cb hc are eliminated in the Consolidated Statement dfcVUhY"6YeiYUh\YXdfcdYfh]YgUkU]h]b[ VY\Yf]hU[YUggYhg"H\Y5WhdYfa]hgh\YHfigh cZ:]bUbW]U`5Wh]j]h]Yg" sale are included in legacy income at their not to include a value for these assets in the dfcVUhYjU`iYk\Ybh\YBUh]cbU`HfighhU_Yg žbUbW]U`ghUhYaYbhgUbX\YbWYhcXYdUfh Incoming resources ckbYfg\]dcZh\YdfcdYfhm"K\YfYh\YfYUfY Zfcah\YfYei]fYaYbhgcZ:FG%)¹HUb[]V`Y =bWcaY]gg\ckbk]h\]bh\fYYWUhY[cf]Yg]bh\Y uncertainties surrounding the measurement Fixed Assets and the capitalisation provisions Consolidated Statement of Financial Activities: of the Trust’s entitlement to an estate, or cZ:FG'$¹

32 Notes to the Financial Statements 1. Accounting Policies Wcbh]biYX

:ciZgeg^hZ!]diZahVcYgZcZlVWaZ Resources expended GZXd\c^i^dcd[a^VW^a^i^Zh energy income All expenditure is accounted for on an @]UV]`]h]YgUfYfYWc[b]gYXk\YbUbcV`][Uh]cb The National Trust holds 100% of the UWWfiU`gVUg]gUbX\UgVYYbW`Ugg]žYXibXYf Uf]gYghchfUbgZYfYWcbca]WVYbYžhgUgUfYgi`h issued share capital of The National Trust \YUX]b[gh\UhUƂfY[UhYU``WcghgfY`UhYXhc cZdUghhfUbgUWh]cbgcfYjYbhg" 9bhYfdf]gYg@]a]hYX <]ghcf]W

National Trust Annual Report 2014/15 Notes to the Financial Statements 33 1. Accounting Policies Wcbh]biYX

IVc\^WaZžlZYVggZhgVcYYZdfZX^Vh^ʩc Investments Restricted funds HUb[]V`YžlYXUggYhgUfYghUhYXUh\]ghcf]W 5```]ghYX]bjYghaYbhg]bW`iX]b[XYf]jUh]jY! Restricted income funds purchase cost less accumulated depreciation VUgYX]bghfiaYbhgUfYghUhYXUhaUf_Yh H\YgY]bW`iXY[]ZhgUbX`Y[UW]Ygk\]W\\UjY k]h\h\YYlWYdh]cbcZUXa]b]ghfUh]jY jU`iYUhh\YVU`UbWYg\YYhXUhY"H\Y VYYb[]jYbcfVYeiYUh\YXhch\YHfighhcVY dfcdYfh]Yg"=bX]j]XiU`UggYhgWcgh]b[`Yggh\Ub movement in valuation of investments is igYX]bUWWcfXUbWYk]h\h\Yk]g\YgcZXcbcfg —% $$$UfYkf]hhYbcŶ]bh\YmYUfcZdifW\UgY g\ckb]bh\Y7cbgc`]XUhYXGhUhYaYbhcZ cfh\Y]ffYdfYgYbhUh]jYg"6ch\h\YWUd]hU` and treated as property operating costs or Financial Activities and comprises both and the income may only be applied for the giddcfhgYfj]WYgUgUddfcdf]UhY" fYU`]gYXUbXibfYU`]gYX[U]bgUbX`cggYg" difdcgYgZcfk\]W\h\YZibXgkYfYXcbUhYX"  DfcdYfh]YgckbYXUbXcWWid]YXZcf Investment properties are included at administrative purposes are stated at cost jU`iUh]cbcbUbcdYbaUf_Yh Yl]gh]b[!igY Endowment funds cfgiVgYeiYbhUbbiU`fYjU`iUh]cb"Bc VUg]g"JU`iUh]cbgUfYWUff]YXcihcbUbUbbiU` Many of the properties held for preservation depreciation is charged on administrative VUg]gUbXUfYaU]b`mibXYfhU_YbVmh\YHfigh¾g \UjYVYYbYbXckYX"9bXckaYbhghmd]WU``m properties as the lives of the properties are ckbdfcZYgg]cbU``meiU`]žYXgifjYmcfg" Uf]gYk\YbXcbcfgcf[fUbh![]j]b[VcX]Yg considered to be so long and residual values The investments held in the subsidiary provide funds on the condition that they must VUgYXcbWcghcfgiVgYeiYbhfYjU`iUh]cbhc ibXYfhU_]b[gUfY\Y`XUhWcghcfUhZU]fjU`iY be retained in order to generate investment be high enough to ensure that there is no UhUWei]g]h]cb" ]bWcaYZcfh\Y`cb[!hYfabYYXgcZUdfcdYfhm" g][b]žWUbhUbbiU`XYdfYW]Uh]cb"  H\YHfigh]g]bUib]eiYdcg]h]cbfYei]f]b[  DfcdYfhm8YjY`cdaYbhDfc^YWhgWcbgh]hihY Stocks ]hhcWcaa]hhch\YdYfdYhiU`id_YYdUbX ghfiWhifU`]adfcjYaYbhg bYkVi]`X]b[gUbX GhcW_gUfYghUhYXUhh\Y`ckYfcZkY][\hYX maintenance of its inalienable property UggcW]UhYXžh!cihWcghg]bWiffYXUhBUh]cbU` average cost and net realisable value after and, as such, it is important that it is able Trust properties to improve visitor and aU_]b[XiYdfcj]g]cbZcfg`ck!acj]b[UbX hcdfcj]XYZibXgZcf]hgZihifYUgkY``Ug]hg WcaaYfW]U`]bZfUghfiWhifY"5ggcW]UhYXWcghg cVgc`YhY]hYag"GhcW_gWcbg]ghcZhfUX]b[ WiffYbhbYYXg"H\YHfigh\Ugh\YfYZcfY k\YfY UfYWUd]hU`]gYXUbXkf]hhYbcŶcjYfh\Y]f ghcW_g Vi]`X]b[aUhYf]U`gUbXch\Yf ]h\UgZY`h]hUddfcdf]UhY U`gcigYX]hgckb igYZi`YWcbca]W`]jYg" ]bW`iX]b[`]jYghcW_UbXgibXfmZUfaghcW_g" ZibXghcWfYUhYYbXckaYbhgcfhcUi[aYbh  5bUbbiU`fYj]YkhU_Ygd`UWYhcYghUV`]g\ Yl]gh]b[Xcbcf!dfcj]XYXYbXckaYbhg"H\Y any permanent diminution in the value of Funds HfighaU_Ygh\YgYZibXhfUbgZYfgUZhYfXiY hUb[]V`YžlYXUggYhg" H\YgYX]j]XY]bhchkcX]gh]bWhWUhY[cf]Yg. UggYggaYbhcZh\YWUd]hU`fYei]fYaYbhgcZU Depreciation has been calculated so as ibfYghf]WhYXUbXfYghf]WhYX" dfcdYfhmcjYfh\YjYfm`cb[hYfa" hckf]hYcŶh\YWcghcZh\YUggYhg]bYeiU` The funds transferred to create or annual instalments over their useful lives, Unrestricted funds Ui[aYbhYl]gh]b[YbXckaYbhgUfYbch bchYlWYYX]b[h\YZc``ck]b[. The use of these funds has not been restricted Wcbg]XYfYXhcVY`Y[U`YbXckaYbhgVih to a particular purpose by donors or their they are accounted for as such because the  D`UbhUbXYei]daYbh (Ǩ%$mYUfg fYdfYgYbhUh]jYg"H\YmUfYgiV!X]j]XYX]bhc intention is to retain these funds for the very Motor vehicles 4 years h\Y;YbYfU`:ibXUbXXYg][bUhYXZibXg" `cb[hYfa"5i[aYbhUh]cbghcYl]gh]b[ZibXg  =HXYjY`cdaYbhWcghg 'Ǩ+mYUfg14 UfYUWWcibhYXZcfUgdYfaUbYbhYbXckaYbhg  =HgmghYag  'Ǩ+mYUfg14 General Fund k\]`YhfUbgZYfghcWfYUhYbYkZibXgUfY Fit-out costs 10 years15 H\Y;YbYfU`:ibX]gh\Ykcf_]b[ZibXcZh\Y Wcbg]XYfYXYldYbXUV`Y"H\YUddfcl]aUhY  GhfiWhifU`]adfcjYaYbhg &$Ǩ'$mYUfg15 Trust and is available for use at the discretion jU`iYcZYldYbXUV`YYbXckaYbhgUh&,  UbXbYkVi]`X]b[g  of the Trustees in furtherance of the Charity’s :YVfiUfm&$%)kUg—&&a]``]cb&$%(. FYbYkUV`YYbYfƄ %$Ǩ&)mYUfg15 cV^YWh]jYg"5acb[h\YigYgcZh\Y;YbYfU`:ibX —&&a]``]cb" are the general administration of the Trust,  =bWcaYUf]g]b[cbYbXckaYbhZibXg]g 8YdfYW]Uh]cb]gžfghW\Uf[YX]bh\YWU`YbXUf h\YgYfj]W]b[cZaYaVYfg\]dUbXdiV`]W]hm" generally expendable and is distributed as acbh\Zc``ck]b[UWei]g]h]cbcfcbh\YVf]b[]b[ The General Fund also provides funding for ]bWcaYhcZibXg]bcfXYfhcVYgdYbh" ]bhcigYcZh\YUggYh k\]W\YjYf]gh\Y`UhYf" dfcdYfhmcdYfUh]b[UbXdfc^YWhgYldYbX]hifY k\YfYdfcdYfh]YgUfYibUV`YhcZibXdfc^YWh Heritage assets UbXfYdU]fkcf_ig]b[h\Y]fckbfYgYfjYg" The Trust does not capitalise heritage assets ]bUWWcfXUbWYk]h\h\Y5Wh"5``WcghgfY`Uh]b[ Designated funds hch\YUWei]g]h]cb fYghcfUh]cbUbXcb[c]b[ 8Yg][bUhYXZibXgUfYh\cgYk\]W\\UjY maintenance of heritage assets are charged been allocated by the Trustees for particular hcFYgcifWYg9ldYbXYX]bh\YmYUf]bk\]W\ difdcgYg":ifh\Yf]bZcfaUh]cbcbh\YbUhifY h\YmUfY]bWiffYX" and basis of the various designated funds igYXVmh\YHfigh]g[]jYbcbdU[Yg%+hc&$" ǘǛ ]bW`iXYX]bD`UbhUbXYei]daYbh]bBchY%, ǘǜ ]bW`iXYX]bDfcdYfhm8YjY`cdaYbhDfc^YWhg]bBchY%,

34 Notes to the Financial Statements '#

ƥƣƤƨ 2014 ơ¾ƣƣƣ —¾$$$ Natural England%* ƪ!ƤƦƨ 5,334 8YdUfhaYbhZcf9bj]fcbaYbh :ccXUbXFifU`5ŶU]fg%* ƥ!ƧƦƧ 3,038 Heritage Lottery Fund Ƨ!Ƥƪƨ & %%* SITA Trust Ƭƨƨ %-) Forestry Commission%* ƪƦƨ +-& Sport England ƨƬƫ &(* Environment Agency ƧƧƦ 1,540 8YdUfhaYbhcZ5[f]Wi`hifYFifU`8YjY`cdaYbhBcfh\Yfb=fY`UbX%* ƧƤƣ 140 GhcW_dcfhAYhfcdc`]hUb6cfci[\7cibW]` ƧƣƦ - GhcW_dcfh7cibhm7cibW]` ƦƩƤ - Welsh Assembly Government%* ƦƩƣ 320 English Heritage ƦƤƦ *$% 7cfbkU``7cibW]` ƥƩƪ - South Eastern Regional College ƥƥƦ 10 KUghYFYWmW`]b[9bj]fcbaYbhU`@hXKF9B ƥƣƫ 31 Dover District Council ƤƨƩ - European Regional Development Fund ƥƪƩ 581 Ib]hYXIh]`]h]Yg ƤƬƤ )$* Bcfh\Yfb=fY`UbX9bj]fcbaYbh5[YbWmB=95 ƤƪƩ 311 Countryside Council for Wales ƤƩƣ %+* BYkdcfh7]hm7cibW]` Ƥƨƣ 154 Ch\Yfg]bX]j]XiU``m`Yggh\Ub—%)$ $$$YUW\]bh\YWiffYbhmYUf ƥ!ƧƩƥ * '*& ƥƥ!ƨƬƤ 22,453 Operating grants and contributions ƪ!ƬƫƤ 8,333 Dfc^YWh[fUbhgUbXWcbhf]Vih]cbg ƤƧ!ƩƤƣ 14,120 ƥƥ!ƨƬƤ 22,453

ǘǝ ;fUbh[]jYfgk\YfYUdfcdcfh]cbcZh\YUacibhgfYWY]jYX]bW`iXY dUmaYbhgibXYfh\Y7caacb5[f]Wi`hifU`Dc`]Wm"=bh\Y&$%(WU`YbXUfmYUfh\YBUh]cbU`Hfigh fYWY]jYX—%% $)% $$$&$%'.—- (*( $$$]b[fUbhgZfcah\Y7caacb5[f]Wi`hifU`Dc`]Wm"

National Trust Annual Report 2014/15 Notes to the Financial Statements 35 (#BZbWZfg]^d>cXʩbZ

ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Annual subscriptions Ƥƨƪ!Ƨƪƨ ƤƧƪ ƣƣƣ HfUbgZYfZfca`]ZYaYaVYfg\]dYeiU`]gUh]cbUWWcibhBchY&' Ʀ!ƨƥƦ Ʀ Ʀƣƥ ƤƩƣ!ƬƬƫ Ƥƨƣ Ʀƣƥ

4. Direct Property Income ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Charitable trading activities ƪƦ!ƤƨƬ Ʃƨ ƫƩƫ Rents Ƨƥ!Ʃƫƨ Ƨƣ Ʀƪƫ Admission fees ƥƧ!ƨƥƩ ƥƥ Ʀƣƨ Other property income Ƨ!ƪƪƨ Ƨ ƥƩƨ ƤƧƨ!ƤƧƨ ƤƦƥ ƫƤƩ

Ch\YfdfcdYfhm]bWcaY]bW`iXYgdfcXiWYgU`Yg fcca\]fYUbXUacibhgh\YHfigh\UgW\Uf[YXcbhch\]fXdUfh]YgZcfWcghg]h\Ug]bWiffYX" 7\Uf]hUV`YhfUX]b[UWh]j]h]YgUfYUbU`mgYXZifh\Yf]bBchY*"

*#:chZfdf^gZ!=ʩhZaVcYGZcZkVWaZ:cZfƄ8ʩchf^Wih^ʩc

H\YBUh]cbU`Hfighckbg%$$cZh\Yg\UfYWUd]hU`cZH\YBUh]cbU`Hfigh9bhYfdf]gYg@]a]hYX <]ghcf]W

H\Y]b]h]U`WcghgcZ]bjYghaYbh]bh\YHfigh¾ggiVg]X]Uf]YgkYfYUgZc``ckg.

Company ơ H\YBUh]cbU`Hfigh9bhYfdf]gYg@]a]hYX Ƥƣƣ H\YBUh]cbU`HfighFYbYkUV`Y9bYfƄ@]a]hYX Ƥƣƣ Historic House Hotels Limited ƤƬ Ʀƫƥ ƣƣƣ HchU`]bjYghaYbh]bgiVg]X]UfmibXYfhU_]b[g ƤƬ!Ʀƫƥ!ƥƣƣ

5h&,:YVfiUfm h\YfYgYfjYgcZh\YHfigh¾ggiVg]X]Uf]YgkYfYUgZc``ckg.

Company Activities ƥƣƤƨ ƥƣƤƧ ơ ơ The National Trust (Enterprises) Limited Retailing, events, sponsorship Share capital Ƥƣƣ Ƥƣƣ ]bWcaYUbXh\YbUh]cbU`fUżY DfcžhUbX`cggUWWcibh - - Revaluation reserve Ƨƥƣ!ƣƣƣ Ƨƥƣ ƣƣƣ ƧƤƬ!Ƭƣƣ ƧƤƬ Ƭƣƣ

I]ZCVh^ʩcVaIfighGZcZkVWaZ:cZfƄA^b^hZY Hydro-electricity generation Share capital Ƥ Ƥ DfcžhUbX`cggUWWcibh - Ƨƥ ƣƣƣ Ƥ Ƨƥ ƣƣƤ

Historic House Hotels Limited The operation of hotels at three Share capital Ƥƨ!ƪƣƣ!ƣƣƣ Ƥƨ ƪƣƣ ƣƣƣ historic properties in England DfcžhUbX`cggUWWcibh Ʀ!ƣƤƪ!ƨƦƪ Ʀ ƣƥƦ ƥƧƦ and Wales Ƥƫ!ƪƤƪ!ƨƦƪ Ƥƫ ƪƥƦ ƥƧƦ

36 Notes to the Financial Statements *#:chZfdf^gZ!=ʩhZaVcYGZcZkVWaZ:cZfƄ8ʩchf^Wih^ʩcWcbh]biYX

H\Y[U]bgUbX`cggYgUf]g]b[cbh\Y]bjYghaYbhdfcdYfhm\Y`XVmH\YBUh]cbU`Hfigh9bhYfdf]gYg@]a]hYXUfYhU_YbX]fYWh`mhcUfYjU`iUh]cbfYgYfjY  YlWYdhh\UhUbmdYfaUbYbhX]a]bih]cb]bjU`iY]ghU_Ybhch\YdfcžhUbX`cggUWWcibh]bh\YžbUbW]U`ghUhYaYbhgcZh\YgiVg]X]Ufm"H\YX]a]bih]cb ]bh\YjU`iYcZh\Y]bjYghaYbhdfcdYfhmg\ckb]bh\YfYjU`iUh]cbfYgYfjY]gWcbg]XYfYXhcVYhYadcfUfmUbX\UgVYYbhfYUhYXUgUbibfYU`]gYX`cgg ]bh\YžbUbW]U`ghUhYaYbhgcZh\YgiVg]X]Ufm"

H\YWcbhf]Vih]cbcZgiVg]X]UfmWcadUb]YghcHfighZibXgkUgUgZc``ckg.

Income Expenditure 8ʩchf^Wih^ʩc ƥƣƤƨ ƥƣƤƧ ƥƣƤƨ ƥƣƤƧ ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ The National Trust (Enterprises) Limited Commercial operations ƧƧ!ƨƨƬ ƧƤ ƤƨƬ ƦƩ!ƣƥƧ Ʀƥ ƬƩƥ ƫ!ƨƦƨ ƫ ƤƬƪ Events and functions ƨ!ƦƤƨ ƨ ƪƫƬ Ƨ!ƣƣƥ Ƨ ƥƧƪ Ƥ!ƦƤƦ Ƥ ƨƧƥ Sponsorship and licences ƨ!ƣƪƬ ƨ ƤƥƩ Ʃƪƪ Ƨƫƪ Ƨ!Ƨƣƥ Ƨ ƩƦƬ BUh]cbU`fUżY Ƥ!Ƨƣƫ Ƥ ƩƤƦ ƧƬƩ ƩƥƦ ƬƤƥ ƬƬƣ Other activities ƫ!ƪƣƬ ƪ ƤƥƬ Ʃ!ƨƨƫ Ʃ ƨƫƩ ƥ!ƤƨƤ ƨƧƦ Pension costs - - ƨƧƥ ƥƣƤ ƨƧƥ ƥƣƤ Ʃƨ!ƣƪƣ Ʃƣ ƫƤƩ Ƨƪ!ƥƤƨ ƧƧ ƪƣƧ Ƥƪ!ƫƨƨ ƤƩ ƤƤƥ

I]ZCVh^ʩcVaIfighGZcZkVWaZ:cZfƄA^b^hZY Electricity generation ƤƬƣ Ƨƥ Ʃ - ƤƫƧ Ƨƥ

Historic House Hotels Limited Hotel activities ƫ!Ƥƨƣ ƫ ƣƬƧ ƫ!ƣƤƤ ƪ Ƭƨƥ ƤƦƬ ƤƧƥ ƪƦ!ƧƤƣ Ʃƫ Ƭƨƥ ƨƨ!ƥƦƥ ƨƥ ƩƨƩ Ƥƫ!Ƥƪƫ ƤƩ ƥƬƩ

Ch\YfUWh]j]h]Yg]bW`iXYh\YWcbhf]Vih]cbZfcaž`aZYYgUbXh\YNational Trust Magazine.

+#8]Vf^hVWaZVcYDh]ZfIfVY^c\6Xh^j^h^Zg

7YfhU]bW\Uf]hUV`YhfUX]b[UWh]j]h]YgUfYibXYfhU_YbVmh\YBUh]cbU`Hfigh]hgY`Z"H\YWcbhf]Vih]cbZfcah\YgYUWh]j]h]YgkUgUgZc``ckg.

Income Expenditure 8ʩchf^Wih^ʩc 2015 2014 2015 2014 2015 2014 £’000 —¾$$$ £’000 —¾$$$ £’000 —¾$$$

Catering *-!*&( )% (%+ )*!.-& ($ *($ &'!*(' %$ +++ Holiday cottages .!*(* - &&* +!+)( * )'& '!-.' & *-( Other%+ *!&&& 5,225 (!+%( ( '$- &!*%- -%* Total charitable trading activities ,(!&*. *) ,*, *+!'', 51,481 &+!.(' %( ',+

9bhYfdf]gY fYbYkUV`YgUbX\chY`UWh]j]h]YgBchY) ,(!)&% *, -)& **!'(' )& *)* &-!&,- %* &-*

Total contribution from charitable trading and subsidiaries &)+!*+. 134,820 &&&!)*. %$( %'+ (*!&&% '$ *,'

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National Trust Annual Report 2014/15 Notes to the Financial Statements 37 7. Other Income

H\]g]gUbU`mgYXUgZc``ckg. ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Net gains on disposal of property and insurance claims ƥ!ƤƧƫ ƥ ƪƧƤ

8. Expenditure

9ldYbX]hifY]bW`iXYgh\YZc``ck]b[W\Uf[Yg. ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Depreciation and movement in provision for impairment ƥƨ!ƪƦƦ ƥƧ ƬƩƪ @cggcbX]gdcgU`cZžlYXUggYhg Ƥ!ƫƤƪ Ƥ ƣƤƦ Operating leases: Land and buildings Ʀ!ƨƣƫ Ʀ ƫƪƬ Motor vehicles Ʀ!ƥƧƧ Ʀ ƧƥƧ Auditors' fees and expenses: 5iX]hkcf_ ƤƦƬ ƤƦƩ Other services18 Ʀ ƤƦƣ Other services – taxation ƪ - Irrecoverable Value Added Tax ƨ!ƫƧƤ ƨ ƨƪƨ

H\YUiX]hZYYZcfh\Y7\Uf]hmkUg—%$% +$*&$%(.—%$( +&$"

9. Remuneration of Trustees

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2015 2014 Regular Seasonal Regular Seasonal ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Wages and salaries ƤƦƪ!ƥƦƣ ƥƥ!ƪƧƨ ƤƦƤ ƨƦƩ ƥƥ Ƥƫƣ Employers’ social security costs ƤƤ!ƫƥƦ ƨƣƥ ƤƤ ƣƧƦ ƧƬƣ Employers’ pension contributions ƥƥ!ƤƩƤ ƩƦ ƤƬ ƨƨƥ Ʃƣ ƤƪƤ!ƥƤƧ ƥƦ!ƦƤƣ ƤƩƥ ƤƦƤ ƥƥ ƪƦƣ

KU[YgUbXgU`Uf]Yg]bW`iXYgfYXibXUbWmWcghgcZ—%"-a]``]cb&$%(.—&a]``]cb"

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38 Notes to the Financial Statements &%#HhVŶ8ʩghgWcbh]biYX

H\YfY[i`UfghUŶdYbg]cbW\Uf[YcZ—&& %*% $$$&$%(.—%- ))& $$$Wcadf]gYg—%' +'+ $$$&$%(.—%$ ((% $$$fY`Uh]b[hch\YžbU`gU`UfmgW\YaY UbX—- '%+ $$$&$%(.—, -&& $$$fY`Uh]b[hcXYžbYXWcbhf]Vih]cbgW\YaYgUbX—%*) $$$&$%(.—%,- $$$cZXYžbYXVYbYžhWcbhf]Vih]cbghc h\YgW\YaYcdYfUhYXZcfh\YghUŶcZ<]ghcf]W

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H\YbiaVYfgcZfY[i`UfYad`cmYYgk\cgYdUm]bW`iX]b[fYXibXUbWm%-UbXhUlUV`YVYbYžhg20YlWYYXYX—*$ $$$ZY``k]h\]bh\YZc``ck]b[VUbXg.

2015 2015 2014 2014 (excluding redundancy) YlW`iX]b[fYXibXUbWm —&&$ $$$!—&&- $$$ Ƥ - -- —%-$ $$$!—%-- --- Ƥ - -- —%+$ $$$!—%+- $$$ ƤƤ-- —%*$ $$$!—%*- --- ƥƥƦƦ —%)$ $$$!—%)- --- ƤƤƤƤ —%($ $$$!—%(- --- ƥƥƤƤ —%'$ $$$!—%'- --- ƤƤƤƤ —%&$ $$$!—%&- --- ƤƤƧƦ —%%$ $$$!—%%- --- ƦƤƥƤ —%$$ $$$!—%$- --- ƦƥƦƦ —-$ $$$!—-- --- ƦƦƨƦ —,$ $$$!—,- --- Ƥƪ ƤƩ ƤƧ ƤƦ —+$ $$$!—+- --- Ƥƫ Ƥƪ ƤƬ ƤƩ —*$ $$$!—*- --- 43 41 '+ 35

=b&$%) ($cZh\Y-+ghUŶYUfb]b[]bYlWYggcZ—*$ $$$&$%(.()cZh\Y-$ghUŶYUfb]b[]bYlWYggcZ—*$ $$$dUfh]W]dUhYX]bh\YXYžbYXVYbYžh dYbg]cbgW\YaYgYYBchY&)"7cbhf]Vih]cbgcZ—*)- $*&kYfYaUXY]bfY`Uh]cbhch\YgYghUŶ"7cbhf]Vih]cbgcZ—)') )$-&$%(.—')( $(%kYfY aUXY]bfY`Uh]cbhc)&aYaVYfgcZghUŶ&$%(.(&YUfb]b[]bYlWYggcZ—*$ $$$k\cdUfh]W]dUhYX]bh\YXYžbYXWcbhf]Vih]cbdYbg]cbgW\YaY"

H\Yacbh\`mUjYfU[YbiaVYfcZfY[i`UfYad`cmYYg ]bW`iX]b[dUfh!h]aYYad`cmYYgUbXYad`cmYYgcbžlYX!hYfaWcbhfUWhgcbUZi``!h]aYYei]jU`Ybh VUg]g ]gUbU`mgYXUgZc``ckg.

By activity ƥƣƤƨ ƥƣƤƧ

DfcdYfhmghUŶ Ƨ!ƦƫƦ Ƨ ƤƩƨ FY[]cbU`ghUŶ ƩƬƪ ƩƫƧ 7YbhfU`gYfj]WYgghUŶ21 ƫƤƬ ƪƥƦ ƨ!ƫƬƬ ƨ ƨƪƥ

ǘǠ%%cZh\Y-+ghUŶYUfb]b[]bYlWYggcZ—*$ $$$fYWY]jYXfYXibXUbWmdUmaYbhgcf]``\YU`h\]bgifUbWYdUmaYbhghchU``]b[—+(( $$$&$%(.%%cZ-$ghUŶ YUfb]b[]bYlWYggcZ—*$ $$$fYWY]jYX—(+$ $$$" ǙǗGU`Uf]YgUfYUX^ighYXZcfghUŶVYbYžhgfYWY]jYXh\fci[\gU`UfmgUWf]žWYUffUb[YaYbhg" Ǚǘ=bW`iXYgfY[]cbU`UbXdfcdYfhm!VUgYXghUŶfYdcfh]b[hcWYbhfU`gYfj]WYgZibWh]cbg"

National Trust Annual Report 2014/15 Notes to the Financial Statements 39 11. Resources Expend

Restated Note HhVŶXʩghg Depreciation Other direct Support Total Total costs services ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Cost of generating funds Appeals and gifts ƫƨƧ - ƫƪƩ ƦƧƥ ƥ!ƣƪƥ ƥ ƥƨƤ Legacies ƥƧƬ - Ʀƫƨ - ƩƦƧ Ƨƪƨ 9bhYfdf]gYUbXfYbYkUV`YYbYfƄWcghg ƨ Ƥƨ!Ƨƣƣ - ƦƤ!ƫƥƤ - Ƨƪ!ƥƥƤ ƧƧ ƪƣƧ Hotel costs ƨ Ƨ!ƧƨƬ Ƥƫƣ Ʀ!Ʀƪƥ - ƫ!ƣƤƤ ƪ Ƭƨƥ Investment management fees ƥƣ --Ƨ!ƣƥƦ - Ƨ!ƣƥƦ Ʀ ƪƣƩ Total cost of generating funds ƥƣ!ƬƩƥ Ƥƫƣ Ƨƣ!Ƨƪƪ ƦƧƥ ƩƤ!ƬƩƤ ƨƬ ƣƫƫ

8]Vf^hVWaZVXh^j^h^Zg Property operating costs Ƥƣƨ!ƥƨƩ ƤƧ!ƨƤƨ Ƥƣƨ!ƣƬƣ ƦƦ!ƫƦƦ ƥƨƫ!ƩƬƧ ƥƧƥ ƨƨƨ 9ldYbX]hifYcbdfcdYfhmdfc^YWhg Ƥƥ Ƨ!ƤƧƨ Ƥƫ ƩƩ!ƤƤƦ Ƥ!ƩƦƫ ƪƤ!ƬƤƧ Ʃƥ Ʃƣƪ 5Wei]g]h]cbg ƤƬ --Ʃ!ƬƤƩ ƨƦƣ ƪ!ƧƧƩ ƨ ƪƫƨ Conservation and advisory services ƤƬ!ƧƨƦ ƤƨƧ Ƨ!ƣƦƨ Ʃ!ƥƫƪ ƥƬ!ƬƥƬ ƥƫ ƥƤƦ Membership, recruitment, publicity and education ƤƦ Ƥƫ!ƤƨƦ ƨ!ƤƤƦ ƦƬ!ƦƧƫ ƨ!ƩƦƩ Ʃƫ!ƥƨƣ Ʃƪ ƩƥƩ IʩhVaX]Vf^hVWaZVXh^j^h^Zg ƤƧƪ!ƣƣƪ ƤƬ!ƫƣƣ ƥƥƤ!ƨƣƥ Ƨƪ!ƬƥƧ ƧƦƩ!ƥƦƦ ƧƣƩ ƪƫƩ

Governance costs Ƥƨ ƨƫƩ - ƫƬƧ ƥƥƫ Ƥ!ƪƣƫ ƥ ƣƩƦ

Total resources expended ƤƩƫ!ƨƨƨ ƤƬ!Ƭƫƣ ƥƩƥ!ƫƪƦ Ƨƫ!ƧƬƧ ƧƬƬ!Ƭƣƥ ƧƩƪ ƬƦƪ

GhUŶWcghgUbXXYdfYW]Uh]cb]bW`iXYXk]h\]bgiddcfhgYfj]WYgUacibhhc—%- )'$ $$$UbX—) +)' $$$fYgdYWh]jY`m"GhUŶWcghgU`gc]bW`iXY —* ('- $$$]bfYgdYWhcZ]bhYfYghUbXgYfj]WYWcghgcZh\YXYžbYXVYbYžhdYbg]cbgW\YaY"

&'#:ldZcY^hifZʩcdfʩdZfhmdfʩ_ZXhg

H\YgYWcghgWcadf]gYfYghcfUh]cbkcf_g `cb[!hYfaWmW`]WU`fYdU]fgUbXVUW_`c[kcf_cbdfYgYfjUh]cbcZdfcdYfh]YgUbXch\YfaU^cfdfc^YWhgcZ UWcbgYfjUh]cbbUhifY"

H\YYldYbX]hifY]gUbU`mgYXUgZc``ckg.

ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Historic buildings and collections ƥƫ!ƣƨƫ ƦƬ ƩƩƫ Coast and countryside Ƨƣ!ƥƧƫ ƥƣ ƩƤƣ Gardens Ʀ!Ʃƣƫ ƥ ƦƥƬ ƪƤ!ƬƤƧ Ʃƥ Ʃƣƪ

6mWUhY[cfmcZkcf_. 7cbgYfjUh]cb]adfcjYaYbhkcf_ Ƥƥ!ƧƥƩ Ʀƨ ƣƧƫ Long-term cyclical ƥƦ!ƣƬƨ Ƥƣ ƫƧƨ 6UW_`c[ ƦƩ!ƦƬƦ ƤƩ ƪƤƧ ƪƤ!ƬƤƧ Ʃƥ Ʃƣƪ

40 Notes to the Financial Statements &(#BZbWZfg]^d!GZXfi^hbZch!EiWa^X^hmVcY:YiXVh^ʩc

BZbWZfg]^dVcYfZXfi^hbZch These costs relate to supporter development costs and include three issues of the National Trust MagazinegYbhhcU``aYaVYfg `cWU`bYkg`YhhYfg  aU]bhU]b]b[UbXdfcWYgg]b[aYaVYfg\]dXYhU]`gUbXh\YfYWfi]haYbhcZbYkaYaVYfg"

EiWa^X^hmVcYZYiXVh^ʩc H\YgYWcghgfY`UhYhcVfUbXUbXaUf_Yh]b[UbX]bW`iXYdiV`]W]g]b[cZh\YBUh]cbU`Hfigh]b[YbYfU`UbXcZgdYW]žWUWh]j]h]Yg ]bW`iX]b[`YUfb]b[ UbXYXiWUh]cbdfc[fUaaYg Yl\]V]h]cbgUbXYjYbhg"

H\YYldYbX]hifY]gUbU`mgYXUgZc``ckg.

BZbWZfg]^dVcY EiWa^X^hmVcY Total Total recruitment education ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ GhUŶ!fY`UhYXWcghg Ƨ!ƬƩƧ ƤƦ!ƤƫƬ Ƥƫ!ƤƨƦ Ƥƫ ƦƩƦ Depreciation ƨ!ƣƬƦ ƥƣ ƨ!ƤƤƦ ƨ Ʀƣƫ Literature Ʀ!ƫƨƪ ƬƪƤ Ƨ!ƫƥƫ Ƨ ƨƣƪ Membership processing Ƥƥ!ƦƤƫ - Ƥƥ!ƦƤƫ ƤƤ ƧƬƤ Recruitment Ƥƣ!ƤƤƩ - Ƥƣ!ƤƤƩ Ƥƣ ƥƬƧ Support services Ʀ!ƨƪƣ ƥ!ƣƩƩ ƨ!ƩƦƩ Ƨ ƬƧƬ Professional fees ƫƫ ƥ!ƣƪƤ ƥ!ƤƨƬ Ƥ ƪƦƬ 5XjYfh]g]b[UbXaUf_Yh]b[ Ƥ!ƫƧƫ ƥ!ƨƩƦ Ƨ!ƧƤƤ Ƨ ƨƣƥ Other Ƥ!Ʀƪƥ Ƨ!ƤƧƧ ƨ!ƨƤƩ Ʃ ƧƪƦ Total ƧƦ!ƥƥƩ ƥƨ!ƣƥƧ Ʃƫ!ƥƨƣ Ʃƪ ƩƥƩ

AYaVYfg\]ddfcWYgg]b[]bW`iXYgWcghgUggcW]UhYXk]h\h\YcdYfUh]cbcZh\YHfigh¾g7ighcaYfFY`Uh]cbg\]dAUbU[YaYbh7FAgmghYa" FYWfi]haYbh]bW`iXYgWcghgcZfYWfi]h]b[bYkaYaVYfg"Ch\YfWcghg]bW`iXYghUŶhfU]b]b[ cWWidUbWmWcghgUbXWcbgiaUV`Yg"

14. Support Services

GiddcfhgYfj]WYg\UjYVYYbU``cWUhYXhch\YZc``ck]b[UfYUgcZFYgcifWYg9ldYbXYX"H\YVUg]gcZU``cWUh]cb]gY]h\Yfh\Y`YjY`cZghUŶWcghg cfh\YYgh]aUhYXh]aYgdYbhVmh\YgiddcfhgYfj]WY]ZacfYUddfcdf]UhY"

Administration HR and Information Systems Total Total and other Legal and Services Finance ƥƣƤƨ ƥƣƤƧ Activity ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Appeals, gifts and legacies Ƥƣƨ ƨƤ ƤƨƧ Ʀƥ ƦƧƥ ƥƩƬ Property operating costs Ƭ!ƬƦƦ Ƨ!ƪƫƩ ƤƧ!ƩƫƬ Ƨ!Ƨƥƨ ƦƦ!ƫƦƦ ƥƫ ƩƦƥ 9ldYbX]hifYcbdfcdYfhmdfc^YWhg ƦƬƧ ƨƧƣ ƨƫƧ Ƥƥƣ Ƥ!ƩƦƫ Ƥ ƦƤƨ 5Wei]g]h]cbg - ƦƨƤ - ƤƪƬ ƨƦƣ Ƨƫƥ Conservation and advisory services Ƥ!ƬƥƩ Ƭƥƪ ƥ!ƫƧƫ ƨƫƩ Ʃ!ƥƫƪ ƨ ƥƨƦ Membership, recruitment, publicity and education Ƥ!ƪƥƩ ƫƦƥ ƥ!ƨƨƦ ƨƥƨ ƨ!ƩƦƩ Ƨ ƬƧƬ Governance costs ƪƣ ƦƧ ƤƣƦ ƥƤ ƥƥƫ ƥƥƤ Total ƤƧ!ƤƨƧ ƪ!ƨƥƤ ƥƣ!ƬƦƤ ƨ!ƫƫƫ Ƨƫ!ƧƬƧ ƧƤ ƤƥƤ

National Trust Annual Report 2014/15 Notes to the Financial Statements 41 15. Governance costs

H\YgYWcghgUfYUbU`mgYXUgZc``ckg. ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ GhUŶWcghg ƨƫƩ ƪƧƪ AGM and Annual Report ƧƣƦ ƨƤƥ Internal audit Ƥƫƨ ƥƨƫ Support services ƥƥƫ ƥƥƤ Committee and panel expenses ƤƨƧ ƤƨƩ External audit ƤƦƬ ƤƦƩ Other ƤƦ ƦƦ Ƥ!ƪƣƫ ƥ ƣƩƦ

GiddcfhgYfj]WYgUfYUddcfh]cbYXVUgYXcbghUŶWcghg"Ch\YfWcghg]bW`iXYX]fYWh`mUhhf]VihUV`YUXa]b]ghfUh]jYWcghg"

16. Analysis of Funds

H\YBUh]cbU`Hfigh¾gfYgYfjYgWcadf]gYacfYh\Ub' $$$]bX]j]XiU`ZibXg"H\YacjYaYbhg]bWcbgc`]XUhYXZibXgUfYUbU`mgYXUgZc``ckg.

Balance at Total Total Net incoming Transfers Net gains on Actuarial Balance at 1 Mar 2014 incoming resources /(outgoing) Investment losses '-;ZW'%&* resources expended resources assets

ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ General Fund Ƨƣ ƣƥƣ ƦƦƦ ƫƧƪ Ʀƥƥ ƪƩƩ ƤƤ ƣƫƤ Ƥƪ ƫƬƦ ƪ Ƭƫƪ - ƪƩ!ƬƫƤ Designated funds: - GhfUhY[]WDfc^YWh:ibX Ʀƥ ƨƬƨ Ʀƨ ƩƤƪ Ƨƫ ƦƪƩ Ƥƥ ƪƨƬ ƥƤ ƩƨƤ Ƥ ƫƤƨ - - Fixed Asset Reserve ƤƤƪ ƬƣƩ -- -Ƨ ƥƥƬ --Ƥƥƥ!ƤƦƨ Other designated funds ƤƦƫ ƨƧƪ Ƥƣ Ƭƣƨ Ƨ ƨƤƤ Ʃ ƦƬƧ Ƥ ƦƨƧ ƤƤ ƤƬƨ - Ƥƨƪ!ƧƬƣ Total designated funds ƥƫƬ ƣƧƫ ƧƩ ƨƥƥ ƨƥ ƫƫƪ Ʃ ƦƩƨ ƤƩ ƣƩƫ ƤƦ ƣƤƣ - ƥƪƬ!Ʃƥƨ Pension reserve ƤƧƪ ƩƦƦ - Ʃ ƧƦƬ Ʃ ƧƦƬ --Ƥƥ ƫƤƤ ƤƨƧ!ƣƣƨ Total unrestricted funds ƤƫƤ ƧƦƨ Ʀƫƣ ƦƩƬ ƦƩƬ ƥƤƧ ƤƤ Ƥƨƨ Ƥ ƫƥƨ ƥƣ ƬƬƪ Ƥƥ ƫƤƤ ƥƣƥ!ƩƣƤ Restricted income funds ƧƣƩ ƬƤƩ ƬƬ ƥƬƣ Ƥƥƫ ƪƤƦ ƥƬ ƧƥƦ ƥƣ ƥƦƧ ƥƦ ƪƤƫ - ƧƥƤ!ƧƧƨ 9bXckaYbhZibXg ƧƬƫ Ƥƫƣ ƤƧ ƧƧƬ Ƥ Ƭƪƨ Ƥƥ ƧƪƧ ƥƥ ƣƨƬ Ʀƪ ƣƧƦ - ƨƥƨ!ƩƦƫ Total funds Ƥ!ƣƫƩ!ƨƦƤ ƧƬƧ!Ƥƣƫ ƧƬƬ!Ƭƣƥ ƨ!ƪƬƧ - ƫƤ!ƪƨƫ Ƥƥ!ƫƤƤ Ƥ!ƤƧƬ!ƩƫƧ

42 Notes to the Financial Statements 16. Analysis of Funds Wcbh]biYX

HfUbgZYfgVYhkYYbZibXgUfYUbU`mgYXUgZc``ckg.

Note General Strategic Fixed Other Total Total Restricted Endowment gYY Fund Efʩ_ZXh Asset designated designated unrestricted funds funds VY`ck Fund Reserve funds funds funds

ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ To Fixed Asset a Ʀ ƧƬƪ ƪƦƥ Ƨ ƥƥƬ - Ʀ ƧƬƪ - - - Reserve To augment b - - - - - Ƥƨƪ Ƥƨƪ YbXckaYbhg To support property c ƥ ƧƬƧ Ƥ ƣƦƥ - Ʀ ƣƤƫ Ƨ ƣƨƣ Ƥ!ƨƨƩ Ƥ!ƨƬƨ ƦƬ expenditure Property sale d ƤƬƣ ƥƧƣ - ƥƨƣ Ƥƣ ƥƣƣ ƫƩƪ ƩƩƪ proceeds Investment income e Ƥ ƬƫƦ Ƥ ƬƤƧ Ƥ ƬƤƧ ƩƬ ƥƥ!Ʃƣƫ fYW`Ugg]žWUh]cb - - ƥƥ!Ʃƪƪ Transfer of Strategic f &% +)$ &% +)$ ------Dfc^YWh:ibXhc &% +)$ General Fund Other transfers g ƦƬ ƦƬ ƦƬ - ƥƧƨ ƥƧƨ Total transfers %+ ,-' &% *)% Ƨ ƥƥƬ 1,354 %* $*, Ƥ!ƫƥƨ ƥƣ!ƥƦƧ ƥƥ!ƣƨƬ

Explanation of transfers:

U HfUbgZYfZfcah\Y;YbYfU`:ibXUbXGhfUhY[]WDfc^YWh:ibXhcfYƁYWhh\Y]bWfYUgY]bh\YVcc_jU`iYcZhUb[]V`YžlYXUggYhgk]h\cihgdYW]žW XYg][bUhYXUbXfYghf]WhYXZibX]b[" V HfUbgZYfZfcafYghf]WhYXhcYbXckaYbhZibXghcUi[aYbhYbXckaYbhgZcfdUfh]Wi`UfBUh]cbU`HfighdfcdYfh]Yg" W HfUbgZYfhcgiddcfhdfcdYfh]Ygk]h\]bgiŹW]Ybh]bWcaYUbXZibX]b[Zcfh\Y]ffibb]b[WcghgUbXdfc^YWhfYei]fYaYbhg" X HfUbgZYfcZdfcWYYXgcbh\YgU`YcZdfcdYfh]Yg" Y HfUbgZYfghcfYghf]WhYXZibXgcZhchU`fYhifb]bjYghaYbh]bWcaYUf]g]b[cbYbXckaYbhg"=bWcaYUf]g]b[cbXYg][bUhYXZibXg]ghfUbgZYffYX hch\Y;YbYfU`:ibX" Z 8if]b[h\YmYUfh\YGhfUhY[]WDfc^YWh:ibXkUghfUbgZYffYXhch\Y;YbYfU`:ibXgYY:]bUbW]U`FYj]YkcbdU[Yg%+hc&$" [ FYW`Ugg]žWUh]cbcZ]bjYghaYbhdfcdYfhmZibXg]bh\YmYUf"

H\YhchU`]bWca]b[fYgcifWYgcZh\Y7\Uf]hmkYfY—(', ),+ $$$&$%(.—($+ ,') $$$UbX]hgbYhcih[c]b[fYgcifWYgkYfY—) -*+ $$$ &$%(.bYh]bWca]b[fYgcifWYgcZ—+ **( $$$"

:ibXgYlWYYX]b[)cZh\YhchU`k]h\]bh\Y]ffYgdYWh]jYW`UggcZZibXgUfYX]gW`cgYXgYdUfUhY`mk]h\]bh\YhUV`YUVcjY"H\Ycb`mch\YfZibXg YlWYYX]b[)cZh\YhchU`k]h\]bh\Y]ffYgdYWh]jYW`UggYgUfYh\Y8ib\UaAUggYm9bXckaYbh:ibXk\]W\UacibhYXhc—'* --$ $$$ &$%(.—'' )+) $$$UbXh\Y7`]jYXYb9bXckaYbh:ibXcZ—&* +,, $$$&$%(.—&) &(- $$$"

H\YWcadcbYbhgcZch\YfXYg][bUhYXZibXgUfYUgZc``ckg.

ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ :ibXgXYg][bUhYXZcfgdYW]žWdfcdYfh]Yg Ʀƨ!ƨƤƣ ƦƩ ƤƬƦ Accumulated property reserves ƤƤƣ!ƨƤƫ Ƭƣ ƩƧƣ Chattels funds Ʃ!ƧƧƪ Ʃ ƣƧƪ Investment property funds ƨ!ƣƤƨ ƨ ƩƩƪ Ƥƨƪ!ƧƬƣ ƤƦƫ ƨƧƪ

National Trust Annual Report 2014/15 Notes to the Financial Statements 43 &,#6cVamg^gʩ[CZh6ggZhgWm;icY

BYhUggYhgUfYUbU`mgYXVYhkYYbZibXgUgZc``ckg.

Consolidated General Designated Pension Total Restricted Endowment Total Total Fund funds reserve unrestricted income funds ƥƣƤƨ ƥƣƤƧ funds funds

ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ HUb[]V`YžlYXUggYhg Ƥ ƧƨƬ ƤƦƬ ƬƧƫ - ƤƧƤ!Ƨƣƪ Ƨƫ ƫƬƪ ƨƬƪ ƤƬƣ!ƬƣƤ Ƥƫƫ ƣƨƦ Investments ƪƣ Ƨƫƪ Ƥƥƣ ƣƣƬ - ƤƬƣ!ƧƬƩ ƦƩƦ ƦƫƦ ƨƥƨ ƣƤƩ Ƥ!ƣƪƫ!ƫƬƨ Ƥ ƣƥƩ ƫƦƧ GhcW_g ƫ ƤƦƤ --ƫ!ƤƦƤ ƤƬƪ - ƫ!Ʀƥƫ ƫ ƦƤƣ Debtors ƨƩ ƩƪƩ ƤƬ ƩƩƫ - ƪƩ!ƦƧƧ Ƭ Ƥƪƪ ƥƨ ƫƨ!ƨƧƩ ƫƣ ƨƫƩ 7Ug\UhVUb_UbX]b\UbX Ƨƪ ƪƤƦ --Ƨƪ!ƪƤƦ Ƥ ƣƦƣ - Ƨƫ!ƪƧƦ ƥƤ ƥƩƦ Current assets ƤƤƥ ƨƥƣ ƤƬ ƩƩƫ - ƤƦƥ!Ƥƫƫ Ƥƣ ƧƣƧ ƥƨ ƤƧƥ!ƩƤƪ ƤƤƣ ƤƨƬ Creditors: amounts falling due Ƭƣ ƥƣƫ --Ƭƣ!ƥƣƫ Ƥ ƥƦƬ - ƬƤ!ƧƧƪ ƪƧ ƨƩƪ k]h\]bcbYmYUf Net current assets ƥƥ ƦƤƥ ƤƬ ƩƩƫ - ƧƤ!Ƭƫƣ Ƭ ƤƩƨ ƥƨ ƨƤ!Ƥƪƣ Ʀƨ ƨƬƥ Creditors: amounts falling due Ƥƪ ƥƪƪ --Ƥƪ!ƥƪƪ --Ƥƪ!ƥƪƪ ƤƩ ƦƤƨ after one year 8YžbYXVYbYžhdYbg]cbgW\YaY --ƤƨƧ ƣƣƨ ƤƨƧ!ƣƣƨ --ƤƨƧ!ƣƣƨ ƤƧƪ ƩƦƦ liability IʩhVacZhVggZhg$a^VW^a^h^Zg ƪƩ!ƬƫƤ ƥƪƬ!Ʃƥƨ ƤƨƧ!ƣƣƨ ƥƣƥ!ƩƣƤ ƧƥƤ!ƧƧƨ ƨƥƨ!ƩƦƫ Ƥ!ƤƧƬ!ƩƫƧ Ƥ ƣƫƩ ƨƦƤ

The Charity General Designated Pension Total Restricted Endowment Total Total Fund funds reserve unrestricted income funds ƥƣƤƨ ƥƣƤƧ funds funds

£’000 £’000 £’000 £’000 £’000 £’000 £’000 —¾$$$ HUb[]V`YžlYXUggYhg % ()- %'- -(, - &)&!)%, (* &-( )-+ &--!'.- %,) )$* Investments *, %)' %&$ $$- - &--!&+' '*' &-+ )&) ('* &!%,+!-.* 1,024,834 Investment in subsidiaries - - - - %- ',& - &.!(-' %- ',& GhcW_g -+* --976 --976 1,202 Debtors )- %** %- **, - ,-!-() , -'$ 25 -,!,-. ,& *%( 7Ug\UhVUb_UbX]b\UbX (+ '&) --),!('* --),!('* %- ,)% Current assets %$+ (*+ %- **, - &',!&(* , -'$ 25 &(+!%.% %$' **+ Creditors: amounts falling due ,& ,&% ---'!-'& %* &&- - ..!%*% ,& '%% k]h\]bcbYmYUf BYhWiffYbhUggYhg#`]UV]`]h]Yg &( *(* %- **, - ))!(&) + &-- 25 (,!%)% &% ')* Creditors: amounts falling due %+ &++ --&,!',, --&,!',, %* '%) after one year 8YžbYXVYbYžhdYbg]cb --%)( $$) &*)!%%* --&*)!%%* %(+ *'' scheme liability IʩhVacZhVggZhg$a^VW^a^h^Zg ,+!.-& ',.!+'* &*)!%%* '%'!+%& )'&!+,) *'+!%*- &!&*%!((( % $,+ %'$

44 Notes to the Financial Statements &-#IVc\^WaZ;^lZY6ggZhg

Consolidated Freehold Plant and Motor Property Assets Total property equipment vehicles Development under Efʩ_ZXhg construction

ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Cost as at 1 March 2014 ƨ!ƦƩƤ ƤƩƫ!ƣƪƧ Ƨ!Ƨƪƨ Ƥƥƫ!ƥƨƬ Ʀƥ!ƪƫƦ ƦƦƫ!Ƭƨƥ Additions Ƥ!Ʃƫƫ ƨ!Ƥƪƣ ƨƣƬ - ƥƦ!ƣƣƥ Ʀƣ!ƦƩƬ Disposals Ƥ!ƥƦƫ Ƥƪ!Ƨƪƪ ƥƧƣ --Ƥƫ!Ƭƨƨ Transfers - Ƥƥ!ƪƬƨ - Ƭ!ƨƪƧ ƥƥ!ƦƩƬ - Cost as at 28 February 2015 ƨ!ƫƤƤ ƤƩƫ!ƨƩƥ Ƨ!ƪƧƧ ƤƦƪ!ƫƦƦ ƦƦ!ƧƤƩ Ʀƨƣ!ƦƩƩ Accumulated provision for depreciation/impairment as at ƦƧƬ Ƥƥƥ!ƤƪƩ Ʀ!ƨƦƣ ƥƧ!ƫƧƧ - Ƥƨƣ!ƫƬƬ 1 March 2014 Movement in provision for impairment ƦƧ -- - -ƦƧ Charge for the year - ƤƬ!ƦƩƩ ƧƫƦ ƨ!ƫƫƧ - ƥƨ!ƪƦƦ Disposals - ƤƩ!ƫƬƧ ƥƦƬ --Ƥƪ!ƤƦƦ Accumulated provision for depreciation/impairment as at ƦƤƨ ƤƥƧ!ƩƧƫ Ʀ!ƪƪƧ Ʀƣ!ƪƥƫ - ƤƨƬ!ƧƩƨ 28 February 2015

BYhVcc_UacibhUgUh&,:YVfiUfm&$%) ƨ!ƧƬƩ ƧƦ!ƬƤƧ Ƭƪƣ Ƥƣƪ!Ƥƣƨ ƦƦ!ƧƤƩ ƤƬƣ!ƬƣƤ BYhVcc_UacibhUgUh&,:YVfiUfm&$%( ƨ ƣƤƥ Ƨƨ ƫƬƫ ƬƧƨ ƤƣƦ ƧƤƨ Ʀƥ ƪƫƦ Ƥƫƫ!ƣƨƦ

The Charity

Freehold Plant and Motor Property Assets Total property equipment vehicles Development under Efʩ_ZXhg construction

ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Cost as at 1 March 2014 ƨ!ƦƩƤ ƤƩƪ!ƨƣƪ Ƨ!ƨƧƣ Ƥƥƫ!ƥƨƬ Ʀƥ!ƪƫƦ ƦƦƫ!Ƨƨƣ Additions Ƥ!Ʃƫƫ Ƨ!ƬƦƦ ƨƣƬ - ƥƦ!ƣƣƥ Ʀƣ!ƤƦƥ Disposals Ƥ!ƥƦƫ Ƥƨ!ƪƨƣ ƥƧƣ --Ƥƪ!ƥƥƫ Transfers - Ƥƥ!ƪƬƨ - Ƭ!ƨƪƧ ƥƥ!ƦƩƬ - Cost as at 28 February 2015 ƨ!ƫƤƤ ƤƩƬ!Ƨƫƨ Ƨ!ƫƣƬ ƤƦƪ!ƫƦƦ ƦƦ!ƧƤƩ ƦƨƤ!ƦƨƧ Accumulated provision for depreciation/impairment as at ƦƧƬ ƤƥƧ!ƤƨƧ Ʀ!ƨƬƪ ƥƧ!ƫƧƧ - Ƥƨƥ!ƬƧƧ 1 March 2014 Movement in provision for impairment ƦƧ -- - -ƦƧ Charge for the year - ƤƬ!ƤƫƩ ƧƫƧ ƨ!ƫƫƧ - ƥƨ!ƨƨƧ Disposals - Ƥƨ!ƤƩƬ ƥƦƬ --Ƥƨ!Ƨƣƫ Accumulated provision for depreciation/impairment as at ƦƤƨ Ƥƥƫ!ƤƪƤ Ʀ!ƫƧƥ Ʀƣ!ƪƥƫ - ƤƩƦ!ƣƨƩ 28 February 2015

BYhVcc_UacibhUgUh&,:YVfiUfm&$%) ƨ!ƧƬƩ ƧƤ!ƦƤƧ ƬƩƪ Ƥƣƪ!Ƥƣƨ ƦƦ!ƧƤƩ Ƥƫƫ!ƥƬƫ BYhVcc_UacibhUgUh&,:YVfiUfm&$%( ƨ ƣƤƥ ƧƦ ƦƨƦ ƬƧƦ ƤƣƦ ƧƤƨ Ʀƥ ƪƫƦ Ƥƫƨ!ƨƣƩ

5ggYhgibXYfWcbghfiWh]cb]bW`iXYDfcdYfhm8YjY`cdaYbhDfc^YWhgUbXWYbhfU`=Hdfc^YWhgh\UhUfYgh]``]bdfc[fYgg"BcXYdfYW]Uh]cb\UgVYYb W\Uf[YX]bfYgdYWhcZh\YgYUggYhg"

:fYY\c`XdfcdYfh]YgUfY]bW`iXYXUh\]ghcf]WU`Wcgh/h\YaUf_YhjU`iYcZh\YgYdfcdYfh]YgUh&,:YVfiUfm&$%)kUg—%+"-a]``]cb&$%(.—%+"'a]``]cb"

National Trust Annual Report 2014/15 Notes to the Financial Statements 45 19. Heritage Assets

pubs, the sites of many factories and mines, UbXWi`hifY"H\YBUh]cbU`HfighWcbg]XYfg]hg]bU`]YbUV`YdfcdYfh]Yg %-WUgh`YgUbXW\UdY`g )+j]``U[YgUbX&)aYX]YjU`VUfbg" UbXch\YfdfcdYfh]YgUbXW\UhhY`g\Y`XZcfdfYgYfjUh]cbhcZU``k]h\]b The total insurance reinstatement value of our historic buildings h\]gXYžb]h]cb"5gYld`U]bYX]bBchY%h\YgYUggYhg\UjYVYYbYlW`iXYX ]gUddfcl]aUhY`m—*"'V]``]cb" Zfcah\YVU`UbWYg\YYh]bUWWcfXUbWYk]h\h\YBUh]cbU`Hfigh5Wh%-+%" Coast and countryside H^\c^žXVcXZʩ[ʩif]Zf^hV\ZVggZhg H\YBUh]cbU`HfighdfchYWhgUbXdfYgYfjYgcjYf++)a]`Yg% &($ AUbmcZh\YVi]`X]b[gckbYXVmh\YBUh]cbU`HfighUfYWUhY[cf]gYX _]`caYhfYgcZWcUgh`]bYUbXcjYf&(+ $$$\YWhUfYg*%$ $$$UWfYg Ug`]ghYX VihYjYbh\cgYk]h\cihZcfaU`[fUX]b[ k\]W\fY`UhYghch\Y of land,22aiW\cZcihghUbX]b[bUhifU`VYUihm"H\]gWUbVYX]j]XYX g][b]žWUbWYcZ]bX]j]XiU`Vi]`X]b[g UfYcZg][b]žWUbWYZcfh\YkUm]b into let land and land in-hand: k\]W\h\YmWcbhf]VihYhch\YW\UfUWhYfUbXUddYUfUbWYcZ`cWU`d`UWYg" National Trust countryside property is designated at many levels Area Area ]bW`iX]b[BUh]cbU`DUf_g 5CB6g5fYUgcZCihghUbX]b[BUhifU`6YUihm (Ha) (Ac) UbXGGG=gG]hYgcZGdYW]U`GW]Ybh]žW=bhYfYgh"H\YHfighU`gcckbgUbX Let estate ƤƧƣ ƪƬƣ ƦƧƪ Ƭƣƣ In-hand ƤƣƩ ƥƤƣ ƥƩƥ ƧƨƤ aUbU[Yg%(+fY[]ghYfYX[UfXYbgcZgdYW]U`\]ghcf]W]bhYfYgh"  CV^YWhg]bBUh]cbU`HfighWc``YWh]cbgjUfmZfcah\cgYh\UhUfY Hfigh`UbXWUbVYW`Ugg]žYXUgZc``ckg"H\YgYWUhY[cf]YgUfYbchaihiU``m cZ]bhYfbUh]cbU`g][b]žWUbWY h\fci[\h\cgYcZbUh]cbU`UbX`cWU` YlW`ig]jYcZcbYUbch\YfUbXh\YWUhY[cf]YgcjYf`Ud" g][b]žWUbWY hch\YYjYfmXUm]hYagh\UhUfYUbYggYbh]U`dUfhcZh\Y ZUVf]WUbXgcW]U`\]ghcfmcZd`UWYg" 8aVgg^žXVh^ʩc Area Area The Trust’s acquisition policy (ha) (ac) H\YBUh]cbU`HfighUWei]fYg\]ghcf]WVi]`X]b[g WcUghUbXWcibhfmg]XY]b National Trust managed agricultural land* ƥƨ ƤƩƬ Ʃƥ ƤƬƧ UWWcfXUbWYk]h\UghUhYaYbhcZdf]bW]d`Ygk\]W\fYei]fYgh\Uh]bhYfU`]U. Common land ƨƧ ƪƪƦ ƤƦƨ ƦƧƪ Woodland ƦƦ ƥƬƪ ƫƥ ƥƪƬ • The property must be of national importance because of its Moorland Ƥƣƥ ƫƦƪ ƥƨƧ ƤƤƩ natural beauty or historic interest 6cX]YgcZkUhYf Ƨ ƩƣƬ ƤƤ ƦƫƬ • CkbYfg\]dVmh\YHfighg\ci`XVYbYžhh\YbUh]cb DUf_gUbX[UfXYbg ƤƬ ƫƫƦ ƧƬ ƤƦƥ • The property should normally be under threat • H\YdfcdYfhmk]``bchVYUWei]fYXib`Yggh\YHfigh]gh\Yacgh HfighW`U]agG]b[`Y:UfaDUmaYbhgiVg]X]Ygcb%) +()\UcZh\]g`UbX" Uddfcdf]UhYckbYf Collections H\YHfighgYY_ghcgYWifYcfUWei]fYWc``YWh]cbg]bh\Y 5ddfcl]aUhY`m,+cZh\YHfigh¾gWc``YWh]cb\UgbckVYYbWUhU`c[iYX Zc``ck]b[WUhY[cf]Yg. Y`YWhfcb]WU``m"H\YhUV`YVY`ckg\ckgh\YbiaVYfcZcV^YWhg\Y`X VmW`Ugg]žWUh]cb" • Indigenous contents for its historic buildings Quantity • Bcb!]bX][YbcigVihUggcW]UhYXcV^YWhg ¾ƣƣƣ • Ibh]YXW\UhhY`ghcZifb]g\]hgdfcdYfh]Yg 6cc_gUbXaUbigWf]dhg ƥƨƩ Ceramics and glass ƤƤƫ AYhU`kcf_ ƬƬ H\YHfigh¾g\Yf]hU[YUggYhgWcadf]gYbUh]cbU``mg][b]žWUbh\c`X]b[gcZ Textiles ƩƦ \]ghcf]WVi]`X]b[g WcUghUbXWcibhfmg]XY UbXWc``YWh]cbg"H\YbUhifY Furniture ƨƪ UbXgWU`YcZh\YgY\c`X]b[gUfYUgZc``ckg. Photographs ƨƧ Df]bhgUbXXfUk]b[g ƧƬ 7cghiaYgUbX^YkY``Yfm Ʀƨ Painting and sculpture ƥƤ Other ƤƨƩ Total Ƭƣƫ

Ch\Yf]bW`iXYgaig]WU`]bghfiaYbhg gW]Ybh]žWYei]daYbhUbX a]gWY``UbYcig\cigY\c`XcV^YWhggiW\UgW`cW_g"20. Heritage

ǙǙ :fca&$%&#%'`YUgY\c`XdfcdYfhm\UgVYYbYlW`iXYXZfcah\YhchU`ž[ifYZcf`UbX"

46 Notes to the Financial Statements 19. Heritage Assets Wcbh]biYX

H\YHfighWcbh]biYghcUWei]fYbYkdfcdYfh]YgUbXW\UhhY`g]bUWWcfXUbWYk]h\]hgUWei]g]h]cbgdc`]Wm"=bh\Y`UghžjYmYUfg h\YZibXggdYbhcb UWei]g]h]cbg\UjYVYYbUgZc``ckg.

ƥƣƤƨ ƥƣƤƧ ƥƣƤƦ ƥƣƤƥ ƥƣƤƤ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Historic buildings ƬƦƪ ƦƧƪ Ʀ ƬƤƣ ƥƪƥ Ƨ ƧƧƤ Coast and countryside Ʃ!ƥƥƥ Ƨ ƨƧƬ ƥ ƦƧƧ Ƭ ƥƩƥ Ʀ ƦƤƨ Collections ƥƫƪ ƫƫƬ Ƭƣƫ ƨƨƫ Ʃ ƤƤƬ ƪ!ƧƧƩ ƨ ƪƫƨ ƪ ƤƩƥ Ƥƣ ƣƬƥ ƤƦ ƫƪƨ

Funding Grants - ---ƪƨ General Fund ƦƦƥ ƦƥƧ ƤƬƨ ƨƤƥ Ƥ ƦƨƩ Restricted and designated funds ƪ!ƤƤƧ ƨ ƧƩƤ Ʃ ƬƩƪ Ƭ ƨƫƣ Ƥƥ ƧƧƧ Total funds ƪ!ƧƧƩ ƨ ƪƫƨ ƪ ƤƩƥ Ƥƣ ƣƬƥ ƤƦ ƫƪƨ

5Wei]g]h]cbYldYbX]hifY]gg\ckb]b5Wei]g]h]cbgibXYfFYgcifWYg9ldYbXYX]bh\Y7cbgc`]XUhYXGhUhYaYbhcZ:]bUbW]U`5Wh]j]h]Yg"8YhU]`gcZ UacibhggdYbhcbh\YWmW`]WU`fYdU]fUbXfYbcjUh]cbcZ\Yf]hU[YdfcdYfhmUfY[]jYb]bBchY%&"5gghUhYX]bBchY%h\Y5WhdYfa]hgh\YHfighbch hc]bW`iXYUjU`iY]b]hgVU`UbWYg\YYhZcf\Yf]hU[YUggYhgUbXh\]g]bW`iXYgUggYhgfYWY]jYXj]UXcbUh]cb"

20. Investments and Cash at Bank and in Hand

Returns from investments H\YBUh]cbU`Hfigh\c`XgUfUb[YcZX]ŶYfYbhW`UggYgcZ]bjYghaYbhgXYdYbX]b[cbh\YUbh]W]dUhYXh]aYgWU`YgcZZihifYYldYbX]hifYfYei]fYaYbhg" H\YaU^cfdfcdcfh]cbcZ]bjYghaYbhg]g\Y`XZcfh\Y`cb[hYfag]bWYh\YmUfY]bjYghYXcbVY\U`ZcZdYfaUbYbhYbXckaYbhUbXch\YfZibXgk\YfY h\Y]bjYghaYbhgUfY\Y`XZcfh\Y`cb[Yf!hYfa]bWcaYUbXWUd]hU`bYYXgcZW\Uf]hUV`YVYbYžW]Uf]Yg"

H\YHfighcdYfUhYgUdc`]WmcZhchU`fYhifbcbh\YaU^cf]hmcZ]hg`cb[!hYfa]bjYghaYbhgUgdYfa]hhYXVmh\Y5WhUbXUgdYW]U`7\Uf]hm7caa]gg]cb GW\YaY"IbXYfh\]gdc`]Wm ]bjYghaYbhaUbU[YfgUfY[]jYbh\YƁYl]V]`]hmhcUW\]YjYaUl]aiafYhifbgcb]bjYghaYbhgk\Yh\Yfh\]g]gh\fci[\ [YbYfUh]b[]bhYfYghUbXX]j]XYbXgcfWUd]hU`[fckh\"7\Uf]h]YgcdYfUh]b[UhchU`fYhifbdc`]WmUfYUV`YhcUdd`mgcaYcZh\YWUd]hU`[fckh\cb ]bjYghaYbhgZcfW\Uf]hUV`YdifdcgYg h\YfYVmYbUV`]b[h\YHfighYYghcVU`UbWYh\YWiffYbhUbXZihifYbYYXgcZW\Uf]hUV`YVYbYžW]Uf]Yg"

H\YUdd`]WUh]cbcZghcfYX!idWUd]hU`[fckh\ZcfW\Uf]hUV`YdifdcgYg]gUW\]YjYXVmX]ghf]Vih]b[]hhcdfcdYfh]YghcžbUbWYYldYbX]hifY"K\]`Yh\YgY total return distributions comprise income and capital, only actual income earned in the form of interest and dividends is reported as investment ]bWcaY]bh\Y7cbgc`]XUhYXGhUhYaYbhcZ:]bUbW]U`5Wh]j]h]Yg"

Actual Capital gains Movements Less IʩhVaVjV^aVWaZ income VjV^aVWaZhʩ to income investment to properties earned properties and reserves management funds costs

ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ 9bXckaYbhZibXg]bjYghYXcbUhchU`fYhifbVUg]gUgdUfhcZh\Y Ƭ ƫƦƣ Ƭ Ʀƣƪ - Ƥ ƨƣƣ Ƥƪ!ƩƦƪ Charity Commission Scheme Ch\YfYbXckaYbhZibXg]bjYghYXcbUhchU`fYhifbVUg]g ƥ ƪƧƧ ƥ ƩƦƫ - Ƨƣƨ Ƨ!Ƭƪƪ Ch\YfYbXckaYbhZibXg ƥƩƦ - ƥ ƦƧ ƥƥƪ Total endowment funds Ƥƥ!ƫƦƪ ƤƤ!ƬƧƨ ƥ Ƥ!ƬƦƬ ƥƥ!ƫƧƤ Other funds invested on a total return basis ƤƦ ƧƥƧ Ƥƥ ƪƨƦ - ƥ ƣƦƦ ƥƧ!ƤƧƧ Other funds ƫƧƥ - ƫƦ ƨƤ ƪƣƫ Total funds ƥƪ!ƤƣƦ ƥƧ!ƩƬƫ ƫƨ Ƨ!ƣƥƦ Ƨƪ!ƩƬƦ

National Trust Annual Report 2014/15 Notes to the Financial Statements 47 20. Investments and Cash at Bank and in Hand Wcbh]biYX

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Market Value Income As at As at ƥƫ;ZW ƥƫ:YV ƥƣƤƨ ƥƣƤƧ ƥƣƤƨ ƥƣƤƧ

6cVamg^gWmhmdZʩ[^cjZghbZch ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ 6f]h]g\;cjYfbaYbhghcW_g Ƥƪ!ƨƨƣ Ʃ ƥƥƨ ƦƦƤ Ʃƥ Ib]hYX?]b[XcažlYXUbXjUf]UV`Y]bhYfYghghcW_g ƤƤ!ƬƥƩ Ƥƫ ƣƫƪ ƧƩƦ ƩƨƤ CjYfgYUgžlYXUbXjUf]UV`Y]bhYfYghghcW_g ƤƦƧ!ƪƣƤ Ƥƥƪ ƦƪƧ Ʀ!ƥƧƨ Ƨ ƦƩƥ Ib]hYX?]b[XcaYei]h]Yg Ƨƣƨ!ƫƤƪ ƦƬƦ ƦƨƩ Ƥƥ!ƫƧƬ Ƥƥ ƧƩƧ Property unit trusts Ƥƥ!ƩƥƧ ƥƣ ƪƫƬ Ƥ!ƬƧƧ ƧƤƣ CjYfgYUgYei]h]Yg ƦƪƤ!ƣƣƤ ƦƧƦ ƣƣƤ Ʃ!Ƭƫƫ ƪ ƦƬƪ Commodity and hedge funds ƤƧ!ƦƩƫ Ƭ ƪƦƣ Ʃƨ ƧƤ Deposits and cash Ƨƪ!ƬƥƩ ƨƧ ƣƤƦ ƨƤƫ ƪƨƫ Investment properties Ʃƥ!Ƭƫƥ ƨƧ ƥƨƬ ƦƤƨ ƨƥƥ Ƥ!ƣƪƫ!ƫƬƨ Ƥ ƣƥƩ ƫƦƧ ƥƩ!ƪƤƫ ƥƩ ƩƩƪ 7Ug\UhVUb_UbX]b\UbX Ƨƫ!ƪƧƦ ƥƤ ƥƩƦ Ʀƫƨ ƥƨƥ Ƥ!Ƥƥƪ!ƩƦƫ Ƥ ƣƧƫ ƣƬƪ ƥƪ!ƤƣƦ ƥƩ ƬƤƬ

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H\Y]bjYghaYbhg\Y`XVmh\Y7\Uf]hmkYfYUgghUhYXUVcjYk]h\h\YYlWYdh]cbcZh\Y]bjYghaYbhdfcdYfh]YgUbXWUg\UhVUb_UbX]b\UbX" 7Ug\\Y`XVmh\Y7\Uf]hmUacibhYXhc—(+ '&) $$$&$%(.—%- ,)% $$$"

48 Notes to the Financial Statements 20. Investments and Cash at Bank and in Hand Wcbh]biYX

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Bcib`]ghYXgYWif]h]YgUfY\Y`X]b]bjYghaYbhg&$%(.—b]`"

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ƥƣƤƨ ƥƣƤƧ Movement in market value of investments ơ¾ƣƣƣ ơ¾ƣƣƣ AUf_YhjU`iYUh%AUfW\ Ƥ!ƣƧƫ!ƣƬƪ Ƥ ƣƣƫ ƪƩƩ Additions at cost ƥƧƣ!Ƭƨƣ ƥƫƤ ƨƧƬ 8]gdcgU`gUhaUf_YhjU`iY ƥƨƣ!ƫƪƨ ƥƬƬ Ƨƪƥ Other movements in Investment cash ƥƤ!ƪƩƥ Ƭ ƫƦƬ 5XX]h]cbgUhaUf_YhjU`iYUf]g]b[Zfca`Y[UW]YgUbX[]Zhg Ƥ!ƬƬƣ ƪƧƣ =bWfYUgY]bWUg\UhVUb_UbX]b\UbX ƥƪ!Ƨƫƣ Ʃ ƥƨƬ Net gain on investment assets ƫƤ!ƪƨƫ Ʃƣ ƣƬƧ AUf_YhjU`iYUh&,:YVfiUfm Ƥ!Ƥƥƪ!ƩƦƫ Ƥ ƣƧƫ ƣƬƪ

21. Stocks and work in progress

Consolidated The Charity ƥƣƤƨ ƥƣƤƧ ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ HfUX]b[ghcW_g ƪ!Ʀƣƥ ƪ ƣƬƣ ƨƦƪ ƩƤƬ Building materials ƦƧƧ ƧƦƤ ƦƧƧ ƧƦƤ Other Ʃƫƥ ƪƫƬ Ƭƨ Ƥƨƥ ƫ!Ʀƥƫ ƫ ƦƤƣ ƬƪƩ Ƥ ƥƣƥ

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Consolidated The Charity ƥƣƤƨ ƥƣƤƧ ƥƣƤƨ ƥƣƤƧ Amounts falling due within one year: ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Rents Ʃ!ƬƦƣ ƨ ƨƦƧ Ʃ!ƬƧƧ ƨ ƨƦƨ Grants ƤƦ!ƦƤƬ ƤƦ ƩƧƬ ƤƦ!ƦƤƬ ƤƦ ƩƧƬ 5acibhgckYXVmgiVg]X]UfmibXYfhU_]b[g - - Ʃ!ƤƨƦ Ʃ ƫƩƣ Other debtors ƥƪ!ƫƤƬ ƥƨ ƥƦƪ ƥƧ!ƪƣƧ ƥƤ ƦƩƩ Legacies receivable ƥƫ!ƩƥƦ ƥƪ ƥƧƣ ƥƫ!ƩƥƦ ƥƪ ƥƧƣ Tax recoverable Ƨ!ƥƩƦ ƨ Ʃƪƣ Ʀ!ƪƪƬ ƨ Ʃƪƣ Prepayments and accrued income Ƨ!ƨƬƥ Ʀ ƥƨƩ Ƨ!ƥƩƪ ƥ ƥƬƧ ƫƨ!ƨƧƩ ƫƣ ƨƫƩ ƫƪ!ƪƫƬ ƫƥ ƩƤƧ

H\YUacibhgckYXVmgiVg]X]UfmibXYfhU_]b[H\YBUh]cbU`Hfigh9bhYfdf]gYg@]a]hYXUfYgYWifYXVmUƁcUh]b[W\Uf[YcjYfh\YUggYhgcZh\Y WcadUbm"=bhYfYgh]gW\Uf[YXUh&cjYf6UfW`Umg¾VUgYfUhYcbh\YcihghUbX]b[VU`UbWY"Ch\YfXYVhcfg]bW`iXYhfUXYXYVhcfg J5HfYWcjYfUV`Y UbX]bjYghaYbhXYVhcfg"

National Trust Annual Report 2014/15 Notes to the Financial Statements 49 23. Creditors

Consolidated The Charity ƥƣƤƨ ƥƣƤƧ ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Amounts falling due within one year: 5acibhgckYXhcgiVg]X]UfmibXYfhU_]b[ - - ƤƩ!ƥƥƬ ƤƩ ƥƤƪ Taxation and social security Ʀ!ƨƧƬ Ʀ ƧƧƫ Ʀ!ƧƪƬ Ʀ Ʀƨƨ Other creditors ƤƧ!ƣƥƦ Ƥƥ ƧƬƩ ƤƤ!ƥƪƥ Ƭ ƤƧƥ Deferred income ƥƦ!ƫƬƪ ƤƬ Ʃƫƣ ƥƥ!ƬƬƪ ƤƬ ƥƥƦ Accruals ƧƬ!Ƭƪƫ Ʀƫ ƬƧƦ Ƨƨ!ƣƪƦ ƦƧ ƦƪƧ ƬƤ!ƧƧƪ ƪƧ ƨƩƪ ƬƬ!ƣƨƣ ƫƥ ƦƤƤ Amounts falling due after more than one year: @]ZYaYaVYfg\]dYeiU`]gUh]cbUWWcibh Ƥƪ!ƥƪƪ ƤƩ ƦƤƨ Ƥƪ!ƥƪƪ ƤƩ ƦƤƨ Ƥƣƫ!ƪƥƧ Ƭƣ ƫƫƥ ƤƤƩ!Ʀƥƪ Ƭƫ ƩƥƩ

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Holiday Other BZbWZfg]^d cottage Lease deferred Total Total income income premiums income 2015 2014 ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Deferred income as at 1 March Ƥƥ!ƤƦƣ ƥ!Ƨƫƫ ƪƨƪ Ƨ!Ʀƣƨ ƤƬ!Ʃƫƣ ƤƬ ƦƪƬ Amounts released during the year Ƥƥ!ƤƦƣ ƥ!Ƨƫƫ ƪƨƪ Ʃ!ƬƩƪ ƥƥ!ƦƧƥ ƥƣ ƫƦƬ Amounts deferred during the year ƤƦ!ƥƨƨ ƥ!ƪƪƨ ƩƤƤ Ƭ!ƬƤƫ ƥƩ!ƨƨƬ ƥƤ ƤƧƣ Deferred income as at 28 February ƤƦ!ƥƨƨ ƥ!ƪƪƨ ƩƤƤ ƪ!ƥƨƩ ƥƦ!ƫƬƪ ƤƬ Ʃƫƣ

AYaVYfg\]d]bWcaY]gXYZYffYXUbXfY`YUgYXhch\Y7cbgc`]XUhYXGhUhYaYbhcZ:]bUbW]U`5Wh]j]h]YgGc:5cjYfh\YdYf]cXhck\]W\h\YaYaVYfg\]d fY`UhYg"

H\Y`YUgYdfYa]iaXYZYffYX]bWcaYfY`UhYghcdfYa]iagfYWY]jYXcbh\YibXYfhU_]b[cZ`YUgYgUbXfYbh!ZfYYdYf]cXgUbX]gfY`YUgYXhch\YGc:5 cjYfh\YdYf]cXibh]`h\YfY`YjUbhWcbhfUWhiU``YUgYVfYU_dc]bh"Ch\YfXYZYffU`gaU]b`mfY`UhYhc[fUbhgUbXgdcbgcfg\]d]bWcaYk\]W\UfYfY`YUgYX hch\YGc:5]bh\YdYf]cXYbh]h`YaYbhcWWifg"

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50 Notes to the Financial Statements 24. Consolidated Cash Flow

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ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ BYhcih[c]b[fYgcifWYgVYZcfYfYjU`iUh]cbgUbX]bjYghaYbhUggYhX]gdcgU`g ƨ!ƪƬƧ ƪ ƩƦƬ 8YXiWh#5XXVUW_. Investment income ƥƪ!ƤƣƦ ƥƩ ƬƤƬ Depreciation charge and movement in provision for impairment ƥƨ!ƩƬƬ ƥƧ ƬƩƪ Receipt of investments arising from legacies Ƥ!ƬƬƣ ƪƧƣ @cggcbX]gdcgU`cZžlYXUggYhg Ƥ!ƫƤƪ Ƥ ƣƤƦ BYh]bWcaY¹YbXckaYbhg Ƥ!ƨƪƩ ƥƦƬ AcjYaYbh]bkcf_]b[WUd]hU` ƤƤ!Ƭƣƥ Ʃ ƫƪƤ =bWfYUgY]b`]ZYaYaVYfg\]dYeiU`]gUh]cbUWWcibh ƬƩƥ Ƥ ƣƥƬ :FG%+dYbg]cbUX^ighaYbh Ʃ!ƧƦƬ ƥ ƧƤƥ BYhWUg\cihƁck#]bƁckZfcacdYfUh]b[UWh]j]h]Yg ƥ!ƨƥƥ Ƥƪ ƫƤƤ

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8Vg]VhWVc`VcY^c]VcY Investments Total ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Balance at 1 March 2014 ƥƤ ƥƩƦ Ƥ ƣƥƩ ƫƦƧ Ƥ!ƣƧƫ!ƣƬƪ BYhWUg\]bƁck ƥƪ Ƨƫƣ - ƥƪ!Ƨƫƣ Net purchases of investments - ƦƤ Ʃƫƪ ƦƤ!Ʃƫƪ Non-cash changes: 5XX]h]cbgUhaUf_YhjU`iYUf]g]b[Zfca`Y[UW]YgUbX[]Zhg - Ƥ ƬƬƣ Ƥ!ƬƬƣ Ƨƫ ƪƧƦ ƬƬƪ ƤƦƪ Ƥ!ƣƧƨ!ƫƫƣ Realised/unrealised gains on investments - ƫƤ ƪƨƫ ƫƤ!ƪƨƫ Balance at 28 February 2015 Ƨƫ!ƪƧƦ Ƥ!ƣƪƫ!ƫƬƨ Ƥ!Ƥƥƪ!ƩƦƫ

'*#I]ZCVh^ʩcVaIfighGZh^fZbZchVcY9ZVh]7ZcZžhgHX]ZbZ

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5XYžbYXWcbhf]Vih]cbgW\YaY\UgVYYbcŶYfYXhcfY[i`UfghUŶZfca%>ibY&$$'"H\]g]gUGhU_Y\c`XYfGW\YaYk]h\@Y[U`;YbYfU`"=bUXX]h]cb hch\]g UgiVg]X]Ufm <]ghcf]W

H\YUWhiUfm\UgjU`iYXh\Y`]UV]`]hm]bfYgdYWhcZXYZYffYXdYbg]cbgig]b[WcbgiaYfdf]WY]bƁUh]cb7D=Ugh\Y]bƁUh]cbaYUgifYZfca&$%%fUh\Yf h\UbfYhU]`df]WY]bƁUh]cbFD="H\]gkUgZc``ck]b[UI?[cjYfbaYbhW\Ub[Y]bh\YaYUgifYcZdf]WY]bƁUh]cbZcfh\YghUhihcfma]b]aiafUhYgUh k\]W\dYbg]cbgaigh]bWfYUgYZcfXYžbYXVYbYžhdYbg]cbd`Ubg"

National Trust Annual Report 2014/15 Notes to the Financial Statements 51 '*#I]ZCVh^ʩcVaIfighGZh^fZbZchVcY9ZVh]7ZcZžhgHX]ZbZWcbh]biYX

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ƥƣƤƨ ƥƣƤƧ ƭ ƭ Rate of increase in pensionable salaries ƥ#Ƭ Ʀ"Ʀ FUhYcZ]bWfYUgY]bdYbg]cbgdfY!5df]`%--+ Ƥ#Ƭ ƥ"Ʀ FUhYcZ]bWfYUgY]bdYbg]cbg]bdUmaYbhdcgh!5df]`%--+ ƥ#Ƭ Ʀ"ƥ FUhYcZ]bWfYUgY]bdYbg]cbg]bdUmaYbhdcgh!AUfW\&$$+ ƥ#ƥ ƥ"ƥ Discount rate Ʀ#ƨ Ƨ"Ʀ FD=]bƁUh]cb Ʀ#ƣ Ʀ"Ʀ 7D=]bƁUh]cb Ƥ#Ƭ ƥ"Ʀ

H\YacfhU`]hmUggiadh]cbg\UjYVYYbidXUhYXUbXUfYVUgYXcbghUbXUfXacfhU`]hmhUV`Ygk\]W\U``ckZcfZihifYacfhU`]hm]adfcjYaYbhg" H\YUggiadh]cbgUfYh\Uhh\YUjYfU[Y`]ZYYldYWhUbWmcZUaU`Y]gWiffYbh`m,,UbXUZYaU`Y-$"6m&$') h\]g]gYldYWhYXhc]bWfYUgYhc-$ UbX-&fYgdYWh]jY`m"

H\YYldYWhYXfUhYgcZfYhifbcbh\YUggYhgcZh\YgW\YaYkYfY.

2015 2014 2013 % %% 9ei]h]Yg 7.1 +"+ +"- Government bonds 2.4 '"( '"$ 8Yf]jUh]jYgUbXgkUdg 2.2 '"( '"$ Other 0.6 $"* $"*

H\YaUf_YhjU`iYcZh\YUggYhgcZh\YgW\YaYkUg. ƥƣƤƨ ƥƣƤƧ ƥƣƤƦ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ 9ei]h]Yg ƦƦƣ!ƣƤƪ ƥƬƣ ƥƤƫ ƥƩƬ ƨƤƥ Government bonds ƤƨƬ!ƫƤƪ ƤƣƩ ƨƨƥ ƫƦ ƣƩƨ 8Yf]jUh]jYgUbXgkUdg ƥƤ!ƥƪƫ Ƨƪ ƤƩƣ ƫƬ ƨƪƫ Other ƪ!ƦƥƩ ƥ ƬƥƦ ƫƧƬ HchU`aUf_YhjU`iYcZUggYhg ƨƤƫ!ƧƦƫ ƧƧƩ ƫƨƦ ƧƧƤ ƦƣƩ

H\YZc``ck]b[hUV`Ydfcj]XYgh\YfYWcbW]`]Uh]cbcZZibXYXghUhighch\Y7cbgc`]XUhYX6U`UbWYG\YYh. ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Fair value of Scheme assets ƨƤƫ!ƧƦƫ ƧƧƩ ƫƨƦ Present value of funded Scheme liabilities Ʃƪƥ!ƧƧƦ ƨƬƧ ƧƫƩ Net pension liability ƤƨƧ!ƣƣƨ ƤƧƪ ƩƦƦ

H\YBUh]cbU`HfighYldYWhghcdUm—%%")a]``]cbcZYad`cmYfWcbhf]Vih]cbghch\YGW\YaY]b&$%)#%*"

52 Notes to the Financial Statements 8]Vc\Zghʩh]ZdfZgZchjVaiZʩ[HX]ZbZa^VW^a^h^ZgYif^c\h]ZmZVf/ ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Present value of Scheme liabilities at 1 March ƨƬƧ!ƧƫƩ ƨƨƩ ƥƬƣ Current service cost ƫ!ƧƦƪ ƫ ƨƪƥ Interest cost ƥƨ!ƦƫƦ ƥƨ ƧƦƩ Contributions by Scheme participants ƦƩƣ ƦƬƩ Actuarial loss on Scheme liabilities ƩƤ!ƣƧƫ ƤƬ ƨƣƬ BYhVYbYžhgdU]Xcih Ƥƪ!ƦƥƬ Ƥƨ ƬƬƤ Past service cost ƨƫ ƥƪƧ Present value of Scheme liabilities at 28 February Ʃƪƥ!ƧƧƦ ƨƬƧ ƧƫƩ

Changes to the fair value of Scheme assets during the year: ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Fair value of Scheme assets at 1 March ƧƧƩ!ƫƨƦ ƧƧƤ ƦƣƩ Expected return on Scheme assets ƥƩ!ƨƫƣ ƥƨ ƩƪƦ 5WhiUf]U`[U]b#`cggcbGW\YaYUggYhg Ƨƫ!ƥƦƪ Ƥƨ ƨƨƥ Contributions by the employer ƤƦ!ƪƦƪ ƤƤ ƣƥƤ Contributions by Scheme participants ƦƩƣ ƦƬƩ BYhVYbYžhgdU]Xcih Ƥƪ!ƦƥƬ Ƥƨ ƬƬƤ Fair value of Scheme assets at 28 February ƨƤƫ!ƧƦƫ ƧƧƩ ƫƨƦ

The amounts recognised in net (outgoing)/incoming resources are as follows: ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Current service cost ƫ!ƧƦƪ ƫ ƨƪƥ Past service cost ƨƫ ƥƪƧ Interest cost ƥƨ!ƦƫƦ ƥƨ ƧƦƩ Expected return on Scheme assets ƥƩ!ƨƫƣ ƥƨ ƩƪƦ Expense recognised in net outgoing resources ƪ!ƥƬƫ ƫ ƩƣƬ

H\YWiffYbhUbXdUghgYfj]WYWcghgcZ—, (-) $$$&$%(.—, ,(* $$$UbXbYh]bhYfYghcZ—% %-+ $$$&$%(.bYh]bhYfYghWcgh—&'+ $$$UfY]bW`iXYX ]bFYgcifWYg9ldYbXYX"

Actual return on Scheme assets: ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Expected return on Scheme assets ƥƩ!ƨƫƣ ƥƨ ƩƪƦ 5WhiUf]U`[U]b#`cggcbGW\YaYUggYhg Ƨƫ!ƥƦƪ Ƥƨ ƨƨƥ Actual return on Scheme assets ƪƧ!ƫƤƪ Ƥƣ ƤƥƤ

Analysis of amount recognised in Consolidated Statement of Financial Activities (SoFA): ƥƣƤƨ ƥƣƤƧ ơ¾ƣƣƣ ơ¾ƣƣƣ Total actuarial loss Ƥƥ!ƫƤƤ Ʀƨ ƣƩƤ Total loss recognised in SoFA Ƥƥ!ƫƤƤ Ʀƨ ƣƩƤ Cumulative amount of losses recognised in SoFA ƬƦ!ƩƥƧ ƫƣ ƫƤƦ

<]ghcfmcZUggYhjU`iYg dfYgYbhjU`iYcZ`]UV]`]h]YgUbXXYžW]h#gifd`ig]bGW\YaY.

ƥƣƤƨ ƥƣƤƧ ƥƣƤƦ ƥƣƤƥ ƥƣƤƤ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Fair value of Scheme assets ƨƤƫ!ƧƦƫ ƧƧƩ ƫƨƦ ƧƧƤ ƦƣƩ Ƨƣƪ Ʃƣƥ Ʀƫƣ ƬƣƬ Present value of Scheme liabilities Ʃƪƥ!ƧƧƦ ƨƬƧ ƧƫƩ ƨƨƩ ƥƬƣ ƨƤƪ Ʀƨƫ ƧƧƤ ƧƦƬ 8YžW]h]bGW\YaY ƤƨƧ!ƣƣƨ ƤƧƪ ƩƦƦ ƤƤƧ ƬƫƧ ƤƣƬ ƪƨƩ Ʃƣ ƨƦƣ

Experience gains and losses: ƥƣƤƨ ƥƣƤƧ ƥƣƤƦ ƥƣƤƥ ƥƣƤƤ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ 9ldYf]YbWY[U]bg#`cggYgcbGW\YaYUggYhg Ƨƫ!ƥƦƪ Ƥƨ ƨƨƥ Ƥƨ ƩƦƧ Ʃ ƥƦƥ ƤƧ ƣƣƤ 9ldYf]YbWY[U]bg#`cggYgcbGW\YaY`]UV]`]h]Yg Ʀ!ƪƧƣ ƤƥƧ Ʀ ƦƨƧ Ʃ ƪƦƩ ƨ ƤƦƤ

National Trust Annual Report 2014/15 Notes to the Financial Statements 53 26. Financial Commitments

7caa]haYbhgZcfcdYfUh]b[`YUgYdUmaYbhg]bh\YbYlhmYUf UbU`mgYXUWWcfX]b[hch\Y`YUgYYld]fmXUhYg UfYUgZc``ckg.

2015 2015 2014 2014 Consolidated AVcYVcYWi^aY^c\g Motor vehicles Land and buildings Motor vehicles ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Within one year ƫƦ ƨƩƧ ƤƧƩ ƥƤƩ 6YhkYYbcbYUbXžjYmYUfg ƪƥƤ Ƥ!ƬƩƦ ƤƥƤ ƥ ƧƨƤ 5ZhYfžjYmYUfg ƥ!ƦƩƩ - ƥ ƧƨƦ - Ʀ!Ƥƪƣ ƥ!ƨƥƪ ƥ ƪƥƣ ƥ ƩƩƪ

2015 2015 2014 2014 The Charity AVcYVcYWi^aY^c\g Motor vehicles Land and buildings Motor vehicles ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ ơ¾ƣƣƣ Within one year Ʃƪ ƨƦƩ ƥƥ ƥƣƨ 6YhkYYbcbYUbXžjYmYUfg ƨƤƣ Ƥ!ƫƩƬ ƫƤ ƥ Ʀƨƣ 5ZhYfžjYmYUfg ƥ!ƦƤƬ - ƥ ƦƬƣ - ƥ!ƫƬƩ ƥ!Ƨƣƨ ƥ ƧƬƦ ƥ ƨƨƨ

27. Taxation

H\YBUh]cbU`Hfigh]gUfY[]ghYfYXW\Uf]hmUbXUggiW\]gYbh]h`YXhcWYfhU]bhUlYlYadh]cbgcb]bWcaYUbXdfcžhgZfca]bjYghaYbhg UbXgifd`igYgcbUbm hfUX]b[UWh]j]h]YgWUff]YXcih]bZifh\YfUbWYcZh\Y7\Uf]hm¾gdf]aUfmcV^YWh]jYg ]Zh\YgYdfcžhgUbXgifd`igYgUfYUdd`]YXgc`Y`mZcfW\Uf]hUV`YdifdcgYg"

H\YBUh]cbU`Hfigh H\YBUh]cbU`Hfigh9bhYfdf]gYg@]a]hYX H\YBUh]cbU`HfighFYbYkUV`Y9bYfƄ@]a]hYXUbX<]ghcf]W

28. Legacies

5h&,:YVfiUfm&$%) h\YBUh]cbU`Hfigh\UXVYYbbch]žYXcZ%%+`Y[UW]Ygk]h\UbUddfcl]aUhYjU`iYcZ—)a]``]cb&$%(.%*&`Y[UW]Yg Uddfcl]aUhY jU`iY—+a]``]cbh\Uh\UXbchVYYb]bW`iXYX]b]bWca]b[fYgcifWYgUgibWYfhU]bh]YgYl]ghcjYfh\YaYUgifYaYbhcZh\YHfigh¾gYbh]h`YaYbh"

54 Notes to the Financial Statements 29. Related Party Transactions

H\YHfigh\UgWcbg]XYfYXh\YX]gW`cgifYfYei]fYaYbhgcZGCFD&$$) viii) Mr N Cox is a member of the Architectural Panel and during the and of FRS 8 – Related Party Transactions and believes that the year provided consultancy services to the Trust at a total cost of Zc``ck]b[fY`UhYXdUfhmhfUbgUWh]cbg U``cZk\]W\kYfYaUXYcbUbUfa¾g —+- &*&&$%(.—+& ,-$"H\YVU`UbWYcihghUbX]b[Uh&,:YVfiUfm `Yb[h\VUg]g fYei]fYX]gW`cgifY" &$%)kUg—' %%)&$%(.—( $&&"

Trustee transactions: ix) During the year the Trust used the catering consultancy services

cZ>UbY8YUb5ggcW]UhYgUhUWcghcZ—&$ '',&$%(.—&- +%$" i) 8if]b[h\YmYUfh\YHfighigYXh\YgYfj]WYgcZ6f]h]g\DUh\‚Zcf Ms J Dean, a Commercial Panel member, is a director of Jane W]bYaUhc[fUd\]WUfW\]jYaUhYf]U`UhUWcghcZ—% '((&$%(. 8YUb5ggcW]UhYg"H\YVU`UbWYcihghUbX]b[Uh&,:YVfiUfm —('&"AfHDUf_Yf h\YHfigh7\U]faUb ckbg6f]h]g\DUh\‚"H\Y &$%)kUg—b]`&$%(.—b]`" UacibhcihghUbX]b[Uh&,:YVfiUfm&$%)kUg—,(&$%(.—b]`"

x) AfB8ifghcb 5gg]ghUbh8]fYWhcfCdYfUh]cbgZcf@cbXcbGcih\ ii) Mr C Rodrigues, a member of the Council and a Trustee, is the 9Ugh ]gh\Y7\U]faUbcZh\YKUbX`YJU``YmFY[]cbU`DUf_Hfigh W\U]faUbcZh\Y6f]h]g\Hcif]gh5ih\cf]hm6H5"8if]b[h\Y KJFDH"8if]b[h\YmYUfh\YHfighaUXYUWcbhf]Vih]cbcZ year, sales of National Trust passes and Great British Heritage —%$ $$$hch\YKJFDH&$%(.—b]`"H\YVU`UbWYcihghUbX]b[ dUggYgh\fci[\h\Y6H5[YbYfUhYX]bWcaYcZ—*+)Zcfh\YHfigh Uh&,:YVfiUfm&$%)kUg—b]`&$%(.—b]`" &$%(.—%)( -&&"H\YHfighU`gcigYXh\YgYfj]WYgcZh\Y6H5 ZcfaUf_Yh]b[UbXdfcach]cbU`difdcgYgUhUWcghcZ—% &(* xi) Mr N Ford, a member of the Rural Enterprise Advisory Panel, is &$%(.—% ++-"H\YVU`UbWYcihghUbX]b[Uh&,:YVfiUfm&$%) 7\]YZ9lYWih]jYcZh\Y9fbYgh7cc_Hfigh97H"H\Y97Hckbg kUg—b]`&$%(.—b]`"

&$%)kUg—b]`&$%(.—b]`" Other transactions:

xiv) Mr R Hillier, a Council member, is Chairman of Hillier Nurseries v) During the year the Trust used the services of Ashmead Price @hX"8if]b[h\YmYUfh\YHfighgdYbh—,' (&-k]h\<]``]Yf @]a]hYXUhUWcghcZ—* )&$&$%(.—%( &*)"AgG5g\aYUX U BifgYf]Yg&$%(.—(--"H\YVU`UbWYcihghUbX]b[Uh&,:YVfiUfm member of the Architectural Panel, is a director of Ashmead &$%)kUg—b]`&$%(.—b]`" Df]WY@]a]hYX"H\YVU`UbWYcihghUbX]b[Uh&,:YVfiUfm&$%) kUg—*&(&$%(.—b]`" xv) 8if]b[h\YmYUfh\YHfighigYXh\YgYfj]WYgcZDYhYf=bg_]dUbX DYhYf>Yb_]bg5fW\]hYWhg@]a]hYXUhUWcghcZ—%,) (*'&$%(. vi) During the year the Trust used the architectural and historic —%+( -(*"AfD=bg_]d ZcfaYf`mUaYaVYfcZh\Y5fW\]hYWhifU` Vi]`X]b[gYfj]WYgcZDifWY`` A]``Yf Hf]hhcb@@DUhUWcghcZ—%-' -%( DUbY` ]gUX]fYWhcfcZh\]gWcadUbm"H\YVU`UbWYcihghUbX]b[Uh &$%(.—&'$ '-'"Af>6ifhcb UaYaVYfcZh\Y9UghcZ9b[`UbX &,:YVfiUfm&$%)kUg—b]`&$%(.—b]`" 5Xj]gcfm6cUfX ]gUbcb!Yei]hmdUfhbYf]bh\Yžfa"H\YVU`UbWY cihghUbX]b[Uh&,:YVfiUfm&$%)kUg—, ++$&$%(.—) (,'" xvi) During the year the Trust used the conservation services of Jonathan Lovie for historic landscape research at a cost of vii) During the year the Trust used the services of Dominic Cole —%% '-*&$%(.—b]`"Af@cj]Y]gUaYaVYfcZh\Y7cibW]`"H\Y @UbXgWUdY5fW\]hYWhgUhUWcghcZ—'- ($'&$%(.—&( $+("Af8 VU`UbWYcihghUbX]b[Uh&,:YVfiUfm&$%)kUg—b]`&$%(.—b]`" 7c`YkUgZcfaYf`mh\YW\U]faUbcZh\Y;UfXYbgDUf_g5Xj]gcfm DUbY`"H\YVU`UbWYcihghUbX]b[Uh&,:YVfiUfm&$%)kUg—% %() &$%(.—b]`"

National Trust Annual Report 2014/15 Notes to the Financial Statements 55 30. Related Party Transactions Wcbh]biYX

xvii) Mr H P Matheson, formerly a member of the Investment FY`UhYXdUfhmhfUbgUWh]cbg]bjc`j]b[HfighYYgUfYZi``mX]gW`cgYX\YfY" 7caa]hhYY ]gUdUfhbYf]bH\cfYgVm HYUgXU`Y UaYaVYfcZh\Y;UfXYbgDUf_gDUbY` ]gUWcbgi`hUbh landscape architect practising under the trading name Teasdale 9bj]fcbaYbhU`8Yg][b"H\YVU`UbWYcihghUbX]b[Uh&,:YVfiUfm &$%)kUg—b]`&$%(.—- +,$" xxii) Af>KccX ZcfaYfW\U]faUbcZh\Y5fW\UYc`cƄDUbY`  provided services during 2014 under the trading name Heritage 7cbgi`hUbWmGYfj]WYgUhUWcghcZ—) ($)&$%(.—(+*"H\Y VU`UbWYcihghUbX]b[Uh&,:YVfiUfm&$%)kUg—b]`&$%(.—b]`"

56 Notes to the Financial Statements Independent Auditors’ Report to the Trustees of the National Trust

GZdʩfhʩch]ZžcVcX^VaghVhZbZchg

Our opinion =bcifcd]b]cbh\YžbUbW]U`ghUhYaYbhg XYžbYXVY`ck.

• []jYUhfiYUbXZU]fj]YkcZh\YghUhYcZh\Y[fcid¾gUbXh\YdUfYbhW\Uf]hm¾gUŶU]fgUgUh&,:YVfiUfm&$%)UbXcZh\Y[fcid¾gUbXdUfYbh W\Uf]hm¾g]bWca]b[fYgcifWYgUbXUdd`]WUh]cbcZfYgcifWYgUbXh\Y[fcid¾gUbXdUfYbhW\Uf]hm¾gWUg\Ɓckg Zcfh\YmYUfh\YbYbXYX/ • \UjYVYYbdfcdYf`mdfYdUfYX]bUWWcfXUbWYk]h\Ib]hYX?]b[Xca;YbYfU``m5WWYdhYX5WWcibh]b[DfUWh]WYUgacX]žYXVmh\YBUh]cbU` Hfigh5Wh%-+%/UbX • \UjYVYYbdfYdUfYX]bUWWcfXUbWYk]h\h\YfYei]fYaYbhgcZgYWh]cb%((cZh\Y7\Uf]h]Yg5Wh&$%%UbXFY[i`Uh]cb%)cZH\Y7\Uf]h]Yg 5WWcibhgUbXFYdcfhgFY[i`Uh]cbg&$$,"

H\]gcd]b]cb]ghcVYfYUX]bh\YWcbhYlhcZk\UhkYgUm]bh\YfYaU]bXYfcZh\]gfYdcfh"

What we have audited H\Y[fcidžbUbW]U`ghUhYaYbhgUbXh\YdUfYbhžbUbW]U`ghUhYaYbhg½h\YžbUbW]U`ghUhYaYbhg¾ k\]W\UfYdfYdUfYXVmh\YBUh]cbU`Hfigh Wcadf]gY.

• h\Y[fcidUbXdUfYbhW\Uf]hmVU`UbWYg\YYhUgUh&,:YVfiUfm&$%)/ • h\Y[fcidghUhYaYbhcZžbUbW]U`UWh]j]h]YgZcfh\YmYUfh\YbYbXYX/ • h\Y[fcidWUg\ƁckghUhYaYbhZcfh\YmYUfh\YbYbXYX/ • h\YbchYghch\YžbUbW]U`ghUhYaYbhg k\]W\]bW`iXYUgiaaUfmcZg][b]žWUbhUWWcibh]b[dc`]W]YgUbXch\YfYld`UbUhcfm]bZcfaUh]cb"

H\YžbUbW]U`fYdcfh]b[ZfUaYkcf_h\Uh\UgVYYbUdd`]YX]bh\Y]fdfYdUfUh]cb]gh\YBUh]cbU`Hfigh5Wh%-+%UgXYgWf]VYX]bBchY%UbXIb]hYX ?]b[Xca5WWcibh]b[GhUbXUfXgIb]hYX?]b[Xca;YbYfU``m5WWYdhYX5WWcibh]b[DfUWh]WYUgacX]žYXVmh\YBUh]cbU`Hfigh5Wh%-+%"

=bUdd`m]b[h\YžbUbW]U`fYdcfh]b[ZfUaYkcf_ h\YHfighYYg\UjYaUXYUbiaVYfcZgiV^YWh]jY^iX[YaYbhg ZcfYlUad`Y]bfYgdYWhcZg][b]žWUbh UWWcibh]b[Ygh]aUhYg"=baU_]b[giW\Ygh]aUhYg h\Ym\UjYaUXYUggiadh]cbgUbXWcbg]XYfYXZihifYYjYbhg"

L]VhVcViY^hʩ[žcVcX^VaghVhZbZchg^cjʩajZg KYWcbXiWhYXcifUiX]h]bUWWcfXUbWYk]h\=bhYfbUh]cbU`GhUbXUfXgcb5iX]h]b[I?UbX=fY`UbX½=G5gI?=fY`UbX¾"5bUiX]h]bjc`jYg cVhU]b]b[Yj]XYbWYUVcihh\YUacibhgUbXX]gW`cgifYg]bh\YžbUbW]U`ghUhYaYbhggiŹW]Ybhhc[]jYfYUgcbUV`YUggifUbWYh\Uhh\YžbUbW]U` ghUhYaYbhgUfYZfYYZfcaaUhYf]U`a]gghUhYaYbh k\Yh\YfWUigYXVmZfUiXcfYffcf"H\]g]bW`iXYgUbUggYggaYbhcZ.

• k\Yh\Yfh\YUWWcibh]b[dc`]W]YgUfYUddfcdf]UhYhch\Y[fcid¾gUbXh\YdUfYbhW\Uf]hm¾gW]fWiaghUbWYgUbX\UjYVYYbWcbg]ghYbh`mUdd`]YX UbXUXYeiUhY`mX]gW`cgYX/ • h\YfYUgcbUV`YbYggcZg][b]žWUbhUWWcibh]b[Ygh]aUhYgaUXYVmh\YHfighYYg/UbX • h\YcjYfU``dfYgYbhUh]cbcZh\YžbUbW]U`ghUhYaYbhg"

=bUXX]h]cb kYfYUXU``h\YžbUbW]U`UbXbcb!žbUbW]U`]bZcfaUh]cb]bh\Y5bbiU`FYdcfhhc]XYbh]ZmaUhYf]U`]bWcbg]ghYbW]Ygk]h\h\YUiX]hYX žbUbW]U`ghUhYaYbhgUbXhc]XYbh]ZmUbm]bZcfaUh]cbh\Uh]gUddUfYbh`maUhYf]U``m]bWcffYWh VUgYXcb cfaUhYf]U``m]bWcbg]ghYbhk]h\ h\Y_bck`YX[Y UWei]fYXVmig]bh\YWcifgYcZdYfZcfa]b[h\YUiX]h"=ZkYVYWcaYUkUfYcZUbmUddUfYbhaUhYf]U`a]gghUhYaYbhgcf]bWcbg]ghYbW]Yg kYWcbg]XYf h\Y]ad`]WUh]cbgZcfciffYdcfh"

National Trust Annual Report 2014/15 Independent Auditors’ Report to the Trustees of the National Trust 57 Independent Auditors’ Report to the Trustees of the National Trust Wcbh]biYX

Dh]ZfbVhhZfgʩck]^X]kZVfZfZei^fZYhʩfZdʩfhWmZlXZdh^ʩc

HiŹX^ZcXmʩ[VXXʩich^c\fZXʩfYgVcY^c[ʩfbVh^ʩcVcYZldaVcVh^ʩcgfZXZ^jZY IbXYfh\Y7\Uf]h]Yg5Wh&$%%kYUfYfYei]fYXhcfYdcfhhcmci]Z ]bcifcd]b]cb.

• kY\UjYbchfYWY]jYXU``h\Y]bZcfaUh]cbUbXYld`UbUh]cbgkYfYei]fYZcfcifUiX]h/cf • giŹW]YbhUWWcibh]b[fYWcfXg\UjYbchVYYb_YdhVmh\YdUfYbhW\Uf]hm/cf ™ h\YdUfYbhW\Uf]hmžbUbW]U`ghUhYaYbhgUfYbch]bU[fYYaYbhk]h\h\YUWWcibh]b[fYWcfXgUbXfYhifbg"

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Other information in the Annual Report IbXYfh\Y7\Uf]h]Yg5Wh&$%%kYUfYfYei]fYXhcfYdcfhhcmci]Z ]bcifcd]b]cb h\Y]bZcfaUh]cb[]jYb]bh\YHfighYYg¾5bbiU`FYdcfh]g]bWcbg]ghYbh ]bUbmaUhYf]U`fYgdYWhk]h\h\YžbUbW]U`ghUhYaYbhg"

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DiffZgdʩcg^W^a^h^ZgVcYh]ʩgZʩ[h]ZIfighZZg As explained more fully in the Trustees’ Responsibilities Statement set out on page 21, the Trustees are responsible for the preparation of the žbUbW]U`ghUhYaYbhgUbXZcfVY]b[gUh]gžYXh\Uhh\Ym[]jYUhfiYUbXZU]fj]Yk"

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Df]WYkUhYf\cigY7ccdYfg@@D Chartered Accountants and Statutory Auditors Bristol 15 July 2015

Df]WYkUhYf\cigY7ccdYfg@@D]gY`][]V`YhcUWh UbX\UgVYYbUddc]bhYX UgUiX]hcfibXYfgYWh]cb%((&cZh\Y7\Uf]h]Yg5Wh&$%%"

58 Independent Auditors’ Report to the Trustees of the National Trust The Trust’s Advisers

Bankers 6UfW`Umg6Ub_D`W %7\ifW\]``D`UWY  London E14 5HP

Investment Advisers J P Morgan Asset Management Ltd, 20 Finsbury Street, @cbXcb97&M-5E

BYkhcb=bjYghaYbhAUbU[YaYbh@hX %*$EiYYbJ]Whcf]UGhfYYh  London EC4V 4LA

6`UW_FcW_=bjYghaYbhAUbU[YaYbhI?@hX ''?]b[K]``]UaGhfYYh  @cbXcb97(F-5G

@cb[j]YkDUfhbYfg@@D H\UaYg7cifh %EiYYb\]h\Y  London EC4V 3RL

Legal and General Investment Management, One Coleman Street, London EC2R 5AA

Capital Group, 40 Grosvenor Place, @cbXcbGK%L+;;

Independent Auditors Df]WYkUhYf\cigY7ccdYfg@@D  Chartered Accountants and Statutory Auditors, 31 Great George Street, Bristol BS1 5QD

National Trust Annual Report 2014/15 The Trust’s Advisers 59

Term Where Used Explanation Actuarial Valuation Pensions H\Yh\fYY!mYUf`mjU`iUh]cbcZcifdYbg]cbgW\YaYVmUeiU`]žYXUWhiUfm" Backlog Tasks FYdU]fg#Dfc^YWhg HUg_gk\]W\\UjYZU``YbVY\]bXh\Y]fbcfaU`WmW`]WU`XUhY" Conservation and Properties Conservation and advisory services consist of the extensive advisory and research Advisory Services services provided by the Trust in relation to conservation of its historic buildings and WcbhYbhg UbX]hgWcUgh Wcibhfmg]XYUbX[UfXYbdfcdYfh]Yg" Current Service Costs Pensions H\YWcghcZdYbg]cbVYbYžhgYUfbYXVmYad`cmYYgcjYfh\YmYUf" Cyclical FYdU]fg#Dfc^YWhg FYdYUhYXUhfY[i`Uf]bhYfjU`g" Designated Funds Funds IbfYghf]WhYXZibXgU``cWUhYXVmh\YHfighYYgZcfdUfh]Wi`UfdifdcgYg" Discount Rate Pensions H\Y]bhYfYghfUhYUggiaYXcbh\YgW\YaY`]UV]`]h]Yg" Endowment Funds Funds Investment funds established for properties to provide income over the long term to fund their maintenance – these funds may have been received as a gift or established by h\YHfighYYgZfcah\YHfigh¾gckbZibXg"H\Y[YbYfU`dc`]WmZcfbYkdfcdYfh]YgUWei]fYX ]ghcgYhidUbYbXckaYbhZibXUhh\Ydc]bhcZUWei]g]h]cb" Fixed Asset Reserve Funds FYƁYWhgh\YHfigh¾g]bjYghaYbh]bcŹWYg d`Ubh aUW\]bYfmUbXYei]daYbhhcYbUV`Y]hhc WUffmcih]hgW\Uf]hUV`YUWh]j]h]Yg" General Fund Funds H\]g]gh\Ykcf_]b[ZibXcZh\YHfigh"=hdUmgZcfh\Y[YbYfU`UXa]b]ghfUh]cbcZh\YHfigh UbXgiddcfhgdfcdYfh]Ygk\]W\\UjY]bgiŹW]YbhZibXgcZh\Y]fckb" Heritage Assets Assets 5ggYhgk\]W\\UjY\]ghcf]W Ufh]gh]WcfYbj]fcbaYbhU`eiU`]h]YgUbXUfY\Y`XcfaU]bhU]bYX df]bW]dU``mZcfh\Y]fWcbhf]Vih]cbhc_bck`YX[YUbXWi`hifY" >cVa^ZcVWaZ Assets 7UbbchVYgc`Xcfacfh[U[YX¹h\YHfigh\Ugh\YdckYfibXYf]hg5WhhcXYW`UfYdfcdYfhm ]bU`]YbUV`Y"H\]gU`gcaYUbgh\YdfcdYfhmWUbbchVYWcadi`gcf]`mdifW\UgYXU[U]bghh\Y Hfigh¾gk]g\Ygk]h\cih]bjc_]b[UgdYW]U`dUf`]UaYbhUfmdfcWYXifY" Net Gain Board of Trustees’ Report Net Gain is total ordinary income, less total ordinary expenditure expressed as a ¹:]bUbW]U`FYj]Yk dYfWYbhU[YcZhchU`cfX]bUfm]bWcaY"H\]gaYUbgh\UhZcfYjYfm-$dYbWYkYgdYbXcb cdYfUh]b[UWh]j]h]YgkYU]ahc[YbYfUhYUh`YUgh—%cZ]bWcaYgch\UhUh`YUgh%$dYbWY]g UjU]`UV`YhcZibXWUd]hU`dfc^YWhg aU]bhYbUbWYUbXWcbgYfjUh]cbhUg_gUhcifdfcdYfh]Yg  ]ad`YaYbhcifghfUhYƄUbXghfYb[h\YbciffYgYfjYg" Past Service Costs Pensions H\YWcghcZUbmUXX]h]cbU`VYbYžhg[fUbhYXhcaYaVYfgcjYfh\YmYUf" Expenditure on Properties H\YgYWcghg]bW`iXY`cb[!hYfaWmW`]WU`fYdU]fWcghg VUW_`c[kcf_UbXWcbgYfjUh]cb dfʩdZfhmdfʩ_ZXhg ]adfcjYaYbhkcf_" Property Development Properties GhfiWhifU`]adfcjYaYbhg bYkVi]`X]b[gUbXUggcW]UhYXžh!cihWcghg]bWiffYXUh Efʩ_ZXh BUh]cbU`HfighdfcdYfh]Yghc]adfcjYj]g]hcfUbXWcaaYfW]U`]bZfUghfiWhifY" Property reserves Properties and Funds AUbmBUh]cbU`HfighdfcdYfh]YgcdYfUhYk]h\h\Y]fckbžbUbW]U`fYgYfjYgh\UhUfY UWWiai`UhYXhc\Y`dZibXdfc^YWhgUbXWUd]hU`YldYbX]hifY"H\YgYfYgYfjYgUfYdUfhcZ fYghf]WhYXZibXgk\YfYh\YmfYdfYgYbhgifd`ig]bjYghaYbh]bWcaYUf]g]b[ZfcaXcbcf! dfcj]XYXYbXckaYbhgcfk\YfYdfcdYfh]Yg\UjYVYYbUWei]fYXibXYf`Y[U`hfighhcUdd`m h\Yk\c`Y]bWcaYcZh\YdfcdYfhmcb`mUhh\UhdfcdYfhm"5``ch\YfdfcdYfhmfYgYfjYgUfY dUfhcZXYg][bUhYXZibXg" Restricted Funds ;]ZhgUbX`Y[UW]Ygk\YfYh\YXcbcf\Ugd`UWYXUfYghf]Wh]cbcbh\Y]figY" Income Funds HhfVhZ\^XEfʩ_ZXh;icY Funds Dfc^YWhZibX]b[ZcfdfcdYfh]YgdfYj]cig`mžbUbWYXVmibfYghf]WhYX`Y[UWm]bWcaYUbX ;YbYfU`:ibXbYh]bWca]b[fYgcifWYg"H\YZibXkUghfUbgZYffYXhch\Y;YbYfU`:ibX cb&,:YVfiUfm&$%)" Total Return Investments H\Y]bWcaYUbXWUd]hU`[fckh\cbcif]bjYghaYbhg¹h\YHfighcdYfUhYgUhchU`fYhifb dc`]WmcbWYfhU]bcZ]hgYbXckaYbhg" Unapplied Total Return Investments H\UhdUfhcZh\YhchU`fYhifbcjYfh]aYh\Uh\UgbchVYYbgdYbhcbW\Uf]hUV`YdifdcgYg" Unrestricted Funds Funds IbfYghf]WhYXZibXgUfYZfYYZfcaUbm`Y[U`fYghf]Wh]cbcbh\Y]fUdd`]WUh]cbch\Yfh\Ub h\YmaighVYgdYbhcbh\YHfigh¾gW\Uf]hUV`YdifdcgYg/h\Ym]bW`iXYh\Y;YbYfU`UbX XYg][bUhYXZibXg"H\YžbUbW]U`gifd`igYgcZdfcdYfh]YgUfYhfUbgZYffYXhcibfYghf]WhYX ZibXgib`Yggh\YmfY`UhYhcYbXckaYbh]bjYghaYbh]bWcaY gdYW]žW[]Zhgcfk\YfYh\YfY UfY`Y[U`hfighghcUdd`mh\Yk\c`YcZh\Y]bWcaYcZUdfcdYfhmcb`mUhh\UhdfcdYfhm" Unrestricted Legacy Legacies @Y[UWmfYWY]dhgk\]W\WUbVYUdd`]YXhcUbmW\Uf]hUV`YdifdcgYcZh\YHfighch\Yf Receipts h\UbUXa]b]ghfUh]cb"

60

5gYld`U]bYX]bh\YžbUbW]U`fYj]YkcbdU[Y%+ BYh;U]b]gh\Ydf]bW]dU`žbUbW]U`hUf[YhkYigYZcfaUbU[YaYbhdifdcgYg"H\YhUV`YVY`ckg\ckg \ckh\]gkUgWU`Wi`UhYXcjYfh\Y`UghžjYmYUfg"

Note ƥƣƤƤ ƥƣƤƥ ƥƣƤƦ ƥƣƤƧ ƥƣƤƨ Ordinary income ơb ơb ơb ơb ơb Membership income Ʀ ƤƥƧ"Ʀ ƤƥƬ"Ʃ ƤƧƣ"Ƥ Ƥƨƣ"Ʀ ƤƩƤ#ƣ Rents received Ƨ ƦƧ"Ƭ Ʀƪ"ƣ Ʀƫ"ƨ Ƨƣ"Ƨ Ƨƥ#ƪ Admission fees Ƨ Ƥƫ"Ƭ ƤƬ"ƫ ƤƬ"Ʃ ƥƥ"Ʀ ƥƧ#ƨ Investment income ƥƣ ƧƧ"Ƨ Ƨƨ"ƣ ƧƩ"Ƥ ƧƩ"Ʃ Ƨƪ#ƪ Charitable and other trading contribution Ʃ ƥƥ"Ƥ ƥƩ"ƥ ƥƫ"Ƥ Ʀƣ"ƪ Ʀƨ#Ƥ Appeals and gifts ƤƦ"Ƨ Ƥƥ"ƥ Ƥƣ"ƪ Ƥƣ"ƥ Ƥƥ#ƥ Operating grants and contributions ƥ Ƭ"ƪ Ƭ"Ƭ ƫ"ƥ ƫ"Ʀ ƫ#ƣ Other operating income23 Ƨ Ʀ"Ʀ Ʀ"ƪ Ʀ"ƨ Ʀ"Ƥ Ʀ#ƪ Exceptional income24 ƥ"Ƭ - Ʀ"Ƥ Ƥ"Ƥ - Total ordinary income ƥƩƫ#Ƥ ƥƫƦ#Ƨ ƥƬƤ#ƪ ƦƤƣ#ƫ ƦƦƧ#Ƭ

Ordinary expenditure Appeals, gifts and legacies ƤƤ Ʀ"ƣ ƥ"ƪ Ʀ"Ƥ ƥ"ƨ ƥ#Ƨ Property operating costs ƤƤ ƥƣƦ"ƪ ƥƣƣ"Ʀ ƥƣƣ"ƨ ƥƤƦ"Ƭ ƥƥƧ#Ƭ Deduct Charitable trading costs Ʃ Ƨƣ"ƣ ƧƦ"Ƨ Ƨƫ"ƨ ƨƤ"ƨ ƨƩ#ƥ Conservation and advisory services ƤƤ ƤƤ"ƨ ƤƧ"Ƥ ƥƤ"ƥ ƥƦ"ƣ ƥƦ#Ʃ Membership, recruitment, publicity and education ƤƦ ƨƣ"ƫ ƨƪ"ƫ Ʃƥ"Ʀ Ʃƥ"ƪ Ʃƥ#Ʃ Support service costs ƤƧ ƦƧ"ƥ ƧƤ"Ƥ ƦƬ"ƣ ƧƤ"Ƥ Ƨƫ#ƨ Governance costs Ƥƨ ƥ"ƥ ƥ"ƥ ƥ"Ƥ Ƥ"ƫ Ƥ#ƨ :FG%+UX^ighaYbh ƤƤ ƣ"Ƨ Ƥ"ƥ Ƥ"Ƨ ƥ"Ƨ Ʃ#ƫ Ch\Yfdfc^YWhWcghg25 ƫ"Ʃ ƤƤ"Ƨ ƫ"Ʃ ƤƩ"ƨ Ƥƨ#ƫ Exceptional expenditure&* Ʃ"Ƥ ƪ"ƥ Ƨ"ƪ - - Total ordinary expenditure ƥƨƣ#Ʀ ƥƨƪ#Ƨ ƥƩƪ#ƫ ƥƪƬ#Ƨ ƥƬƫ#Ʀ

Net Gain £m Ƥƪ#ƫ ƥƩ#ƣ ƥƦ#Ƭ ƦƤ#Ƨ ƦƩ#Ʃ Net Gain % Ʃ#Ʃƭ Ƭ#ƥƭ ƫ#ƥƭ Ƥƣ#Ƥƭ Ƥƣ#Ƭƭ

Reconciliation of Net Gain to Net Incoming/(Outgoing) Resources in the Consolidated Statement of Financial Activities

Note ƥƣƤƤ ƥƣƤƥ ƥƣƤƦ ƥƣƤƧ ƥƣƤƨ ơb ơb ơb ơb ơb Net Gain Ƥƪ#ƫ ƥƩ#ƣ ƥƦ#Ƭ ƦƤ#Ƨ ƦƩ#Ʃ Less investment income distributed under total return policy ƥƣ ƥƣ"Ʃ Ƥƪ"ƪ ƥƧ"ƨ ƥƦ"ƨ ƥƧ#Ʃ Legacies ƧƩ"ƥ ƧƧ"ƪ ƨƣ"ƥ Ƨƨ"Ƭ ƨƣ#ƨ Dfc^YWh[fUbhgUbXWcbhf]Vih]cbg ƥ ƤƬ"ƥ ƥƥ"Ƨ ƥƬ"ƪ ƤƧ"Ƥ ƤƧ#Ʃ Gains on disposal of property and insurance claims ƪ ƣ"ƫ Ƥ"ƨ Ƥ"ƣ ƥ"ƪ ƥ#Ƥ Ch\Yfdfc^YWh]bWcaY ƥ"Ƭ ƥ"Ƨ Ƥ"ƪ Ƥ"Ƨ Ƥ#Ʀ 9ldYbX]hifYcbdfcdYfhmdfc^YWhg ƤƤ ƨƪ"ƨ ƩƩ"Ƨ ƨƣ"Ʃ ƩƤ"Ʀ ƪƣ#Ƨ 5Wei]g]h]cbg ƤƤ ƤƦ"ƥ Ƭ"Ʃ Ʃ"ƪ ƨ"Ʀ Ʃ#Ƭ Ch\Yfdfc^YWhWcghg ƫ"Ʃ ƤƤ"Ƨ ƫ"Ʃ ƤƩ"ƨ Ƥƨ#ƫ Other costs and exceptional items&+ Ʀ"Ʃ Ʃ"ƣ ƣ"ƥ Ʀ"ƨ Ʃ#ƫ Net (outgoing)/incoming resources per SoFA ƤƩ#Ʃ ƤƧ#Ƥ Ƥƨ#Ƭ ƪ#Ʃ ƨ#ƫ

Ǚǚ9lW`iXYgdfc^YWh]bWcaY]bW`iXYXk]h\]bch\YfdfcdYfhm]bWcaY" ǙǛ9lWYdh]cbU`]bWcaY¹&$%(—%"%a]``]cbgdcbgcfg\]d]bWcaY&$%'.—'"%a]``]cbgdcbgcfg\]d]bWcaY/&$%%.—&"-a]``]cb;]Zh5]XUbXJ5HfYW`U]a/&$%$.—("*a]``]cb ;]Zh5]XUbXJ5HfYW`U]a" ǙǜDfc^YWhWcghgg\ckbibXYf\YUX]b[gch\Yfh\UbYldYbX]hifYcbdfcdYfhmdfc^YWhg" Ǚǝ9lWYdh]cbU`YldYbX]hifY¹&$%'.—("+a]``]cb9ǧ6ig]bYggGi]hY/&$%&.—+"&a]``]cbW\Ub[Ydfc[fUaaYUbX9ǧ6ig]bYggGi]hY/&$%%.—*"%a]``]cb7\Ub[YDfc[fUaaY" ǙǞCh\YfWcghgUbXYlWYdh]cbU`]hYag]bW`iXYYlWYdh]cbU`]bWcaYUbXYldYbX]hifYUbXh\YUX^ighaYbhaUXY]bfY`Uh]cbhc:FG%+"

National Trust Annual Report 2014/15 Net Gain 61 Governance of the National Trust

BZbWZfg]^dʩ[h]Z7ʩVfYʩ[IfighZZg!h]Z8ʩicX^a!8ʩbb^hhZZg!6Yj^gʩfm7ʩVfYg! Panels and Executive Team

VhVi'-;ZWgjVgn'%&* Valerie Humphrey ZaZXiZYbZbWZg Nichola Johnson OBE Veed^ciZYWnBjhZjbh6hhdX^Vi^dc Trustees Dr David Leigh Veed^ciZYWni]Z>chi^ijiZd[8dchZgkVi^dc H]ach\mDUf_Yf 8]V^gbVc[gdbCdkZbWZg'%&) John Lloyd Jones OBE Veed^ciZYWn8djcignh^YZ8djcX^a[dgLVaZh  Orna NiChionna, 9Zejin8]V^gbVc[gdb9ZXZbWZg'%&) Irving Lord ZaZXiZYbZbWZg Clare Broom Jonathan Lovie Veed^ciZYWni]Zchi^ijiZh Christopher Rodrigues CBE Rodney Morgan-Giles Veed^ciZYWni]Z8djcignAVcY DfcZ"7UfmgGkUbk]W_ & Business Association) F]W_K]``g ?]fghYbB[Veed^ciZYWni]Z8VbeV^\cidEgdiZXiGjgVa:c\aVcY ;YcŶfYmB]W_c`XgZaZXiZYbZbWZg John Sell CBE (from January 2015) Robin Page ZaZXiZYbZbWZg David Smart (from January 2015) Beverley Penney Veed^ciZYWni]ZDeZcHeVXZhHdX^Zin DfcZ"8YVVmFYmbc`Xg76ZaZXiZYbZbWZg G]acb>Yb_]bg 8]V^gbVcjci^aCdkZbWZg'%&) Christopher Rodrigues CBE Veed^ciZYWnK^h^i7g^iV^c Charles Gurassa jci^a9ZXZbWZg'%&) =UbFckUhZaZXiZYbZbWZg ?Y]h\>UaYgC69 (until August 2014) David Scott ZaZXiZYbZbWZg Bella Slator ZaZXiZYbZbWZg Council Michael Sly Veed^ciZYWni]ZCVi^dcVa;VgbZgh¼Jc^dc H]ach\mDUf_Yf Chairman David Smart ZaZXiZYbZbWZg Orna NiChionna, 9Zejin8]V^gbVcVeed^ciZYWni]ZHd^a6hhdX^Vi^dc A]W\UY`Gh>c\bDUf_YfZaZXiZYbZbWZg FckUbK\]aghYf HZc^dgBZbWZgVeed^ciZYWni]Z8djcX^a[dg Rupert Thorp ZaZXiZYbZbWZg British Archaeology) 8YfY_Hk]bY769Veed^ciZYWnI]ZHXdji6hhdX^Vi^dc Stephen Anderson ZaZXiZYbZbWZg H]ach\mKUh_]bgcbZaZXiZYbZbWZg Sophie Andreae ZaZXiZYbZbWZg DfcZ">c\bK]VVYf`YmVeed^ciZYWni]ZGdnVa6\g^XjaijgVaHdX^Zind[:c\aVcY Peter Bate Veed^ciZYWni]ZIZcVcih6hhdX^Vi^dcd[i]ZCVi^dcVaIgjhi Dylan Williams ZaZXiZYbZbWZg Clare Broom ZaZXiZYbZbWZg Frances Williams ZaZXiZYbZbWZg DfcZ"JU`Yf]Y6fckbVeed^ciZYWnGHE7 Roseanne Williams ZaZXiZYbZbWZg Barbara Cooper CBE ZaZXiZYbZbWZg Rosie Corner ZaZXiZYbZbWZg * In June 2014 the Council agreed that Natural Resources Wales should Gillian Darley Veed^ciZYWni]ZHdX^Zin[dgi]ZEgdiZXi^dc replace the Countryside Council for Wales as an appointing body of Ancient Buildings) ibh]`h\YbYlhUddc]bh]b[VcXmfYj]Yk"H\Y7cibhfmg]XY7cibW]`Zcf Tamasin Davies ZaZXiZYbZbWZg KU`YgkUgX]ggc`jYX]b5df]`&$%'k]h\h\YjUghaU^cf]hmcZ]hg]bhYfYghg Sir Richard FitzHerbert Bt Veed^ciZYWn=^hidg^X=djhZh6hhdX^Vi^dc UVgcfVYXVmBUhifU`FYgcifWYgKU`Yg" Tom Flood CBE Veed^ciZYWnI]Z8dchZgkVi^dcKdajciZZgh Jonica Fox ZaZXiZYbZbWZg KYUfYWiffYbh`mkU]h]b[Zcfhkc5ddc]bh]b[6cX]YghcWcbžfah\Y]f Cristina George ZaZXiZYbZbWZg Uddc]bhYYghch\Y7cibW]`"H\YgY5ddc]bh]b[6cX]YgUfY. Dr John Godfrey ZaZXiZYbZbWZg Caroline Goodall ZaZXiZYbZbWZg Confederation of British Industry Sarah Haidry Veed^ciZYWnI]ZEg^cXZ¼hIgjhi >c\b@Yk]gDUfhbYfg\]d Elly Hannigan Popp Veed^ciZYWnGVbWaZgh Grisilda Harrison Veed^ciZYWni]ZCVi^dcVa6hhdX^Vi^dc H\YZc``ck]b[cf[Ub]gUh]cb\UgcVgYfjYfghUhigUh7cibW]`aYYh]b[g. of Decorative & Fine Arts Societies) Robert Hillier OBE Veed^ciZYWnGdnVa=dgi^XjaijgVaHdX^Zin BUh]cbU`HfighZcfGWch`UbXfYdfYgYbhYXVmAUf[UfYh5`YlUbXYf John Hughes Veed^ciZYWnI]ZL^aYa^[ZIgjhih

62 Governance of the National Trust BZbWZfg]^dʩ[h]Z7ʩVfYʩ[IfighZZg!h]Z8ʩicX^a!8ʩbb^hhZZg!6Yj^gʩfm7ʩVfYg! Panels and Executive Team Wcbh]biYX

Committees of Regional and Country North West Advisory Panels Commercial Panel the Board Advisory Boards David Thornton OBE, VhVi'-;ZWgjVgn'%&* Jill Little, Interim Acting Chairman Chairman Appointments East of England Helen Carey OBE 6fX]VZʩaʩƄEVcZa Alice Avis MBE Committee Anthea Case CBE, Chairman Anna Cooper Dr Adrian Olivier, Jane Dean Nichola Johnson OBE, KYbXm5bXfYkg ?UhY8]W_gcb Chairman 5bXfYkH\caUg Chairman Brian Ayers Jolyon Dodgson 8Uj]X6U_YfC69 Peter Vicary-Smith Martin Gray Ann Bartleet ?UmK\YY`hcb Dr Amanda Chadburn F]W_K]``g G]f9XkUfX;fYYbkY`` John Burton Dr Will Williams Veronica Fiorato DfcZ"7UfmgGkUbk]W_ ?Uh\fmb7f]hW\`Ym Niall Hammond Gardens & Parks Panel Hilary Ferry South West Helen Maclagan A]W\UY`KU`_Yf Chairman Audit Committee Louise Foster Clare Broom, Chairman DfcZ"8U]Acf[Ub9jUbg Lady Alice Boyd Caroline Goodall, Christine Frazer B]W_5h_]bgcb Melanie Pomeroy- Paul Campbell Chairman Michael Rands Nina Bell  ?Y``]b[Yf Steve Fancourt Orna NiChionna Peter Studdert Steve Jarvis Sian Rees CBE Jane Hasell-McCosh 5bXfYkDcd\Ua Richard Symes 7Ufc`]bY?Um 8fFcV]bG_YUhYg David Lambert F]W_K]``g Vanessa Trevelyan 6cVAUf_ ?YbGa]h\ Michael Lear HYfYbWYC¾Fcif_Y Dr John Williams MBE Dr Anthony Lord Investment Committee London & South East Adrian Phillips John Phibbs David Smart, Chairman David Coleman, Chairman Mary St Aubyn Architectural Panel Tim Richardson 5bXfYk:`Ya]b[ GhYjY5b_Yfg Simon Timms Catherine Graham- Judith Teasdale G]f9XkUfX;fYYbkY`` Charles Anson Harrison OBE, Neil Honebon Sue Berry Wales Chairman Rural Enterprise Panel Orna NiChionna Chloe Bird ?Y]h\>UaYgC69  Dr Malcolm Airs Tim Moore, Chairman Victoria Sant 5g\`Ym6fckb Chairman Sarah Ashmead Lady Sara Aubrey-Fletcher DUhf]W]U6fckb 9`]bcf;kmbb Peter Beacham Christopher Boyle Senior Management FYVYWWU7fcc_ Ben Herbert B]W_7cl DUhf]W_7UgYaYbhC69 Remuneration Roger Leech Sara Moseley Gillian Darley Annette Cotter Committee Jill Preston Beverley Penney Ptolemy Dean 7\Uf`Yg7ckUd H]ach\mDUf_Yf Chairman AUhh\YkGYkUfX Jean Reader Julie Godefroy YUbGh]XkY`` Dei Tomos 5bXfYkYorkshire & Hannah Parham Nicholas Pearson CBE AUhh\Yk8UfVm the North East Sam Price ;YcŶfYmFUX`YmC69 ?Uh\fmb;YY Chairman (vacant) Robin Snell Guy Trehane Committees of Anthony Hams David Carruthers @]bXgUmK]`_]bgcb Alan Yates the Council Ac\]b]Northern Ireland B]W\c`Ug?]b[g`Ym DfcZ"DUhf]W]U7i``Yb Dinah Nichols Roy Bailie OBE, Chairman Dr David Leigh Don Henson David Scott Peter Allen Clare Meredith DfcZ"GhYd\Yb<]`` 6cV6fckb Dr David Pearson Doug Hulyer Nominations Committee @ci]gY6fckbY Francis Russell DfcZ"7\f]g

National Trust Annual Report 2014/15 Governance of the National Trust 63 BZbWZfg]^dʩ[h]Z7ʩVfYʩ[ 2014 Annual General Meeting IfighZZg!h]Z8ʩicX^a!8ʩbb^hhZZg! 6Yj^gʩfm7ʩVfYg!EVcZagVcY Executive Team Wcbh]biYX H\YBUh]cbU`Hfigh¾g5bbiU`;YbYfU`AYYh]b[kUg\Y`XUhGH95A  h\YAigYiacZh\Y;fYUhKYghYfbFU]`kUm]bGk]bXcbcbGUhifXUm, BcjYaVYf&$%("H\Y7\U]faUb G]acb>Yb_]bg kY`WcaYXgcaY('$ aYaVYfghcGk]bXcbUbXaUbmaYaVYfgk\c\UX^c]bYXh\YaYYh]b[ Natural Environment Board of The National Panel IfighGZcZkVWaZ j]Uh\YkYVWUgh UbXfYƁYWhYXcb\]gg]lmYUfgUg7\U]faUb"8if]b[ DfcZ"8YVVmFYmbc`Xg76  :cZfƄA^b^hZY h\]gh]aYh\YHfigh\UXaU]bhU]bYXžbUbW]U`ghUV]`]hm ]bWfYUgYX]hg Chairman VhVi'-;ZWgjVgn'%&* membership to over 4 million and increased visits to properties by 30% DfcZ">c\b5`hf]b[\Ua hccjYf&$a]``]cb"H\Y7\U]faUbkUgdUfh]Wi`Uf`mdfciXh\Uhj]g]hghc Alastair Driver H]ach\mDUf_Yf  h\YHfigh¾gk]XYfYghUhY id`UbXgUbXWcUghkYfYbckcjYf&$$a]``]cb 9`]bcf;kmbb Chairman UmYUf"CdYfUh]b[gifd`ig\UXf]gYbVmUh\]fX k\]W\\UXYbUV`YXh\Y Tony Hams OBE Deirdre Evans HfighhcgdYbXacfYcb]hgdf]aUfmcV`][Uh]cb¹WcbgYfjUh]cb" 8f>c\bUW_]Y>cfXUb Dr Barbara Jones Hilary McGrady 8if]b[h\Y7\U]faUb¾ghYbifY h\YHfigh\UXUWei]fYXUfUb[YcZ 8f>cbUh\Ub@UfkccX X]ŶYfYbhdfcdYfh]Yg ]bW`iX]b[GYUhcb8Y`UjU`]bh\YBcfh\9UghUbX@`mb DfcZ"Avebury Manor and the opening of the Big Brother house in London Hotels Limited Director-General k\]W\h\YHfighX]Xbchckb]bUdUfhbYfg\]dYjYbhk\]W\Wcbhf]VihYX VhVi'-;ZWgjVgn'%&* hcXYVUhYUVcihacXYfbhUghY"=hkUgf][\hhcWcbh]biYhcdig\h\Y 5bXfYk7cdYghU_Y  boundaries of presentation, and many visitors had commented on Richard Broyd OBE, Director of Finance h\YbYkkUfah\cZh\YHfigh¾gkY`WcaY"=bhYfbU`W\Ub[Yg\UXU`gc Chairman seen more discretion delegated to property managers, and specialist Lionel Chatard Sarah Flannigan, YldYfh]gYWcbWYbhfUhYX]bhcUWYbhfU`Wcbgi`hUbWm"H\YHfighkUg 5bXfYk7cdYghU_Y 8]^Z[>c[dgbVi^dcDŷXZg `cc_]b[Uhh\YkUm]hkUgfibhcgYY]ZUbmfYžbYaYbhgkYfYbYYXYX  AUhh\Yk>c\bgcb UXYWUXYcbZfcah\YWcbgh]hih]cbU`W\Ub[Ygh\UhkYfY]bhfcXiWYX]b Chris Feeney >UW_]Y>cfXUb  &$$)"H\Y7\U]faUbWUih]cbYXh\Uhh\Y6f]h]g\Wcibhfmg]XYfYaU]bYX Harry Heeley Director of Brand and BY]`?Ybmcb Marketing Uhh\fYUhcZ]bUddfcdf]UhYXYjY`cdaYbhUbXif[YXghUŶUbXjc`ibhYYfg Sarah Staniforth to continue to uphold the legacy of the Trust’s founders – to preserve Jonathan Thompson H]bU@Yk]g  d`UWYgcZ\]ghcf]W]bhYfYghUbXbUhifU`VYUihmZcfh\YbUh]cb" Director of People and Board of The National Legal Services H\Y8]fYWhcf!;YbYfU` 8UaYYb_]bg Trust (Enterprises) Zcf\]ggiddcfhUg7\U]faUbXif]b[\YfžfghhkcmYUfg]bdcgh Xif]b[ Limited Hilary McGrady, k\]W\h]aYg\Y\UXj]g]hYXcjYf%+$dfcdYfh]Yg"H\YHfighWcbh]biYX VhVi'-;ZWgjVgn'%&* Director of Operations and hcVYUgiWWYggZi`cf[Ub]gUh]cb h\Ub_ghch\Ykcf_cZ]hgghUŶUbX Consultancy cjYf*% $$$jc`ibhYYfg UgkY``Ugh\YgiddcfhcZ]hgaYaVYfg Xcbcfg H]ach\mDUf_Yf  UbXgiddcfhYfg"=b&$%'#%(—*&"*a]``]cb\UXVYYbgdYbhcbdfcdYfhm Chairman Simon Murray, WcbgYfjUh]cbdfc^YWhgU`cbY"GcaYcZh\YgYkYfYcbU[fUbXgWU`Y Deirdre Evans Senior Director of Strategy, UbX ^ighUg]adcfhUbh UaU^cf]bjYghaYbhdfc[fUaaY\UXVY[ibcb >UW_]Y>cfXUb Curatorship and External Hilary McGrady 6ŴV^gh h\YfYg]XYbh]U``YhYghUhY"@cc_]b[UZhYfgcaUbmd`UWYg\UXUb]adUWh cbYbYfƄ UbXh\YHfighkUgYld`cf]b[\ckhc\UfbYggh\YdckYf Tim Butler, Peter Nixon, [YbYfUhYXVmbUhifYhc\Y`dfYXiWY]hgYbYfƄWcbgiadh]cbVm&$ Company Secretary Director of Land, Landscape Vm&$&$":`ccX]b[UbXWcUghU`Yfcg]cb\UXUŶYWhYXaUbmdfcdYfh]Yg and Nature Xif]b[h\YmYUfUbX`YUfb]b[\ckhcUXUdhhch\YgYYbj]fcbaYbhU` YlhfYaYgkUg]bWfYUg]b[`m]adcfhUbh"AYaVYfgWci`XU`gcYldYWhhc GiYK]`_]bgcb  \YUfacfYUVcihh\YWcUgh`]bY]b&$%)k\Ybh\Y)$h\Ubb]jYfgUfmcZh\Y Director of Supporter BYdhibY7cUgh`]bY7UadU][bkci`XVYWY`YVfUhYX"H\YHfighfYaU]bYX Development WcbWYfbYXUVcihh\YXYW`]bY]bV]cX]jYfg]hmUbXkUbhYXhc\Y`džbX gc`ih]cbgZcfVYhhYf`UbXaUbU[YaYbhh\Uhkcf_YXZcfbUhifYUbX The Board of Trustees, \Y`dYXdYcd`YWcbbYWhk]h\h\YcihXccfg"H\]gbYYXYXhcVYXcbY]b the Council and Executive dUfhbYfg\]dk]h\hYbUbhg `cWU`Wcaaib]h]YgUbXch\Yfcf[Ub]gUh]cbg Team are supported by Paul Boniface, The hcaU_YUX]ŶYfYbWYcbU`UbXgWUdYgWU`Y" GYWfYhUfm"

64 Governance of the National Trust / 2014 Annual General Meeting 2014 Annual General Meeting Wcbh]biYX

H\Y8]fYWhcf!;YbYfU`U`gcfYdcfhYXcbh\YHfigh¾gžbUbWYg"H\YHfigh The group of members’ resolutions on access and transparency \UXUW\]YjYXUBYh;U]bcZ%$"% UbcdYfUh]b[gifd`igk\]W\Wci`X kUgXYVUhYX"H\YžjYfYgc`ih]cbgZcWigYXcbYbgif]b[ZfYYYbhfmZcf VYZYXghfU][\hVUW_]bhcWcbgYfjUh]cbkcf_UbX]adfcj]b[j]g]hcfg¾ aYaVYfghcU``BUh]cbU`HfighdfcdYfh]YgYlWYdhk\YfYUdfcdYfhm]g YldYf]YbWYg"K]h\UVUW_`c[cZaU]bhYbUbWYUhVi]`hUbXcihXccf \cgh]b[UgdYW]U`YjYbhk\YbaYaVYfgaUmVYW\Uf[YX cfk\YfYU dfcdYfh]Yg ]hkUg]adcfhUbhhcWcbh]biYhcZcWigcbVi]`X]b[id BUh]cbU`HfighjY\]W`YcfWfUZh\UXhcVYigYXhcUWWYggUdfcdYfhm/ ibfYghf]WhYXfYgYfjYgk\]W\Wci`XVYgdYbhk\YfYbYYXYX":ibXfU]g]b[ cbh\Ydfcj]g]cbcZUdfY!Vcc_]b[gmghYaZcfdfcdYfh]Ygh\UhfYghf]WhYX played a very important role here, and the Board had recently signed j]g]hcfbiaVYfg/cbYbgif]b[U``Wcibhfmg]XYdfcdYfh]YgkYfYcdYbYjYfm cŶUbYkUbXUaV]h]cigZibXfU]g]b[ghfUhYƄ"8if]b[h\YmYUfUaU^cf kYY_YbXXif]b[h\YgiaaYfacbh\g/cbX]gW`cgifYcZdiV`]WZibX]b[ dfc[fUaaYcZ]bjYghaYbh]bgmghYag\UXVY[ib k\]W\kci`X]adfcjY fYWY]jYXVmdfcdYfh]Yg/UbXcbDUf]g\7cibW]`acb]hcf]b[cZ`cWU` YŹW]YbWm g]ad`]ZmžbUbWYgmghYag ]adfcjYgYfj]WYgUbXgUjYacbYm  dfcdYfh]YgUbXh\Y`cWU`aUbU[YaYbhhYUa"Cbh\YaUhhYfcZZfYYYbhfm UgkY``UgXYjY`cd]b[UbXdYfgcbU`]g]b[aYaVYfg\]dgmghYagUbXVYhhYf hcdfcdYfh]Yg HfighYYgYld`U]bYXh\Uhh\YfYkYfYg]hiUh]cbgk\YfYh\Y fYkUfX]b[`cmU`hm"H\YHfigh\UXYbXYX&$%'#%(]bUdcg]h]cbcZghfYb[h\  HfighX]Xbchckbh\YWUfdUf_k\]W\gYfjYXUdUfh]Wi`UfdfcdYfhm cf Vih]hkUgW`YUfh\Uhh\YWcbgYfjUh]cbW\U``Yb[YgWcbh]biYXhc[fck"H\Y k\YfYUXX]h]cbU`hfUbgdcfhkUgfYei]fYXhcUWWYggUg]hY"=bh\YgYWUgYg HfighkUgf]g]b[hch\cgYW\U``Yb[YgUg]h\UXXcbYZcfU`acgh%&$mYUfg" UbYlhfUWcghkUgW\Uf[YXZcfh\cgYZUW]`]h]Yg UbXh\YHfighYbgifYX W\Uf[YgkYfY_YdhUg`ckUgdcgg]V`Y"H\YHfighkUghf]U``]b[dfY!Vcc_]b[ B]bYaYaVYfg¾fYgc`ih]cbgkYfYdihZcfkUfX Y][\hcZk\]W\\UXVYYb systems at various properties, but the rigidity that the resolution giVa]hhYXVmcbYaYaVYf"H\Y6cUfXcZHfighYYg\UXXYW]XYXhchU_Y dfcdcgYXkUgbchUddfcdf]UhYZcfU``dfcdYfh]Yg"H\YjUghaU^cf]hmcZ h\YY][\hfYgc`ih]cbg]bhkc[fcidg k]h\h\Yg]b[`YfYgc`ih]cbhU_Yb the Trust’s countryside properties did provide the access proposed, cb]hgckbVYhkYYbYUW\[fcid ]bcfXYfhcaU_Yh\YVYghigYcZh]aY Vihh\YfYkYfYgcaYk\]W\kYfY]adcfhUbhbUhifYfYgYfjYgk\YfY UjU]`UV`YUhh\YaYYh]b[" bird breeding and migration sites needed protection and some places k\YfYcdYb]b[h]aYgfYƁYWhYXh\Yj]YkgcZh\Y`cWU`Wcaaib]h]Yg"=h H\Y[fcidcZaYaVYfg¾fYgc`ih]cbgcbYb[U[]b[k]h\`cWU`Wcaaib]h]Yg kUg]adcfhUbhhcaYUgifYh\YdYfZcfaUbWYcZ`cWU`aUbU[YaYbhVih kUgX]gWiggYX"H\YgYh\fYYfYgc`ih]cbgYbWcadUggYXUfUb[YcZ bchU``dUf]g\WcibW]`gkcf_YXhch\YgUaYghUbXUfXUbXhcigYh\Ya]b proposals covering boundaries and adverse possession, actions or giW\UdfYgWf]VYXaUbbYfk]h\]bU`]a]hYXh]aYZfUaYkUghccf][]XUb XYW]g]cbgUŶYWh]b[`]ghYXVi]`X]b[gk]h\]bh\Y]aaYX]UhYj]W]b]hmcZ UddfcUW\"AYaVYfgjchYX]bX]j]XiU``mcbYUW\cZh\YžjYfYgc`ih]cbg" BUh]cbU`HfighdfcdYfh]Ygk\Yh\YfcfbchckbYXUbXWUfYXZcfVmh\Y H\Yach]cbcbZfYYYbhfmhcdfcdYfh]YgkUgWUff]YX"28 The remaining HfighUbXh\Y[i]XUbWYZcfWcd]b[k]h\h\Y]adUWhcZWcUghU`Yfcg]cb Zcifach]cbgkYfYbchWUff]YX" UbXW`]aUhYW\Ub[Y ]bW`iX]b[Wcaaib]hmWcbgi`hUh]cb"K\]`Yh\Y fYgc`ih]cbgU]aYXhcaU_Yh\YHfighVYhhYfUbXghfcb[Yf h\Y6cUfX¾g =bh\Yacfb]b[ h\Y7\U]faUbUbX8]fYWhcf!;YbYfU` U`cb[k]h\ j]YkkUgh\Uhh\Y`YjY`cZdfYgWf]dh]cbUbXdfYW]g]cb]bh\YdfcdcgU`g aYaVYfgcZh\Y9lYWih]jYHYUa fYgdcbXYXhch\YeiYgh]cbgUbX hcUXXfYggh\Y]ggiYgk\]W\h\YmfU]gYX\UXh\YYŶYWhcZaU_]b[h\Y]f WcbWYfbgcZ]bX]j]XiU`aYaVYfg"H\YaYaVYfgUbXghUŶdU]Xhf]VihY ]ad`YaYbhUh]cbdfc\]V]h]jY/h\Ymkci`XfYacjYƁYl]V]`]hmUbXUXXWcgh hcG]acb>Yb_]bgk\cghccXXckbUg7\U]faUbcZh\YBUh]cbU`Hfigh k]h\cih]adfcj]b[XYW]g]cb!aU_]b["AYaVYfgjchYX]bX]j]XiU``mcb Uhh\YYbXcZh\YaYYh]b[" YUW\cZh\Yh\fYYfYgc`ih]cbg"H\Yach]cbgkYfYbchWUff]YX"

H\YaYaVYfg¾fYgc`ih]cbh\UhAYacf]U`&$$+XcbUh]cbVclYg supported by illustrative posters be located in National Trust properties k\YfYh\YgU]XYghUV`]g\aYbhgkYfYZcibXYXUbXVi]`hcbh\YdfcWYYXg Zfcah\YhfUbgUh`Ubh]Wg`UjYhfUXYkUgXYVUhYX"K\]`Yh\YcV^YWh]jY kUgUXa]fUV`Y UWcaa]haYbhhcd`UW]b[Wc``YWh]cbVclYghcfU]gY ZibXgZcf]hX]XbchU`][bk]h\h\YHfigh¾gWcfYdifdcgYcZWcbgYfj]b[ h\Yd`UWYg]b]hgWUfYZcfYjYf ZcfYjYfmcbY"H\YHfighkUgcZhYb UddfcUW\YXVmW\Uf]h]Ygk]g\]b[hcigY]hgdfcdYfh]YgZcfZibXfU]g]b[ difdcgYg UbXk\]`YaUbm\UXghfcb[fYUgcbgZcfXc]b[gc h\YHfigh VY`]YjYX]hgdf]aUfmcV^YWh]jYkUghcfU]gYZibXgZcf]hgckbWYbhfU` WUigYg"BYjYfh\Y`Ygg h\YHfighVY`]YjYX]hkUgUddfcdf]UhYhcfYa]bX its members and visitors of the connections some of its properties \UXhcg`UjYfmUbXh\Yg`UjYhfUXY"H\Yach]cbkUgbchWUff]YX"

Ǚǟ5giVgYeiYbh]bjYgh][Uh]cbXYacbghfUhYXh\UhZfYYUWWYggkUgdfcj]XYXhcaYaVYfgUdUfhZfcaUZYkUfYUgk\YfY YlWYdh]cbU``m W\Uf[YgkYfYaUXY"H\YgY]bW`iXYX d`UWYgk\YfY.h\YfYkUgUbUXX]h]cbU`hfUbgdcfhWcghUggcW]UhYXk]h\[Yhh]b[hch\YdfcdYfhm/h\YdfcdYfhmkUg`YUgYXhcUbXcdYbYXVmU'fXdUfhm UbXh\YUV]`]hmhc W\Uf[YkUg]bW`iXYXk]h\]bh\Y`YUgY/UbXZcfgcaYgdYW]U`YjYbhgUbXhYadcfUfm UXX]h]cbU`UhhfUWh]cbg"

National Trust Annual Report 2014/15 2014 Annual General Meeting 65 2014 Annual General Meeting Wcbh]biYX

H\YfYgi`hgcZh\YfYgc`ih]cbgkYfYUgZc``ckg.

Resolution to adopt the Annual Report and Financial Statements BZbWZfg¾fZgʩaih^ʩcʩcVXXZgghʩXʩichfmg^YZdfʩdZfh^Zg for 2013/14 Result: not carried Result: carried on a show of hands For Against GdYW]žYX Ƭ ƤƥƩ Ƨ ƩƩƤ Resolution to approve the reappointment of PricewaterhouseCoopers Discretionary ƣ ƨ ƤƧƤ LLP as auditors until the conclusion of the next Annual General Meeting Total Ƭ ƤƥƩ Ƭ ƫƣƥ Result: carried on a show of hands BZbWZfg¾fZgʩaih^ʩcʩcY^gXaʩgifZʩ[diWa^X[icY^c\[ʩfdfʩdZfh^Zg

BZbWZfg¾fZgʩaih^ʩcʩcWʩicYVf^ZgVcYVYjZfgZdʩggZgg^ʩc Result: not carried Result: not carried For Against GdYW]žYX ƫ ƨƪƣ ƨ ƣƥƩ For Against Discretionary ƣ ƨ ƤƪƬ GdYW]žYX Ƭ ƤƦƧ Ƨ ƩƨƬ Total ƫ ƨƪƣ Ƥƣ ƥƣƨ Discretionary ƣ ƨ ƤƤƤ Total Ƭ ƤƦƧ Ƭ ƪƪƣ BZbWZfg¾fZgʩaih^ʩcʩcYZaZ\Vh^ʩcVcYEVf^g]8ʩicX^abʩc^hʩf^c\

BZbWZfg¾fZgʩaih^ʩcʩca^ghZYWi^aY^c\g Result: not carried Result: not carried For Against GdYW]žYX ƪ ƤƨƬ Ʃ Ƥƨƫ For Against Discretionary ƣ ƨ ƤƬƤ GdYW]žYX Ƭ ƤƫƬ Ƨ ƨƫƧ Total ƪ ƤƨƬ ƤƤ ƦƧƬ Discretionary ƣ ƨ ƤƣƩ Total Ƭ ƤƫƬ Ƭ ƩƬƣ H\YfYgi`hgcZh\YY`YWh]cbghch\Y7cibW]`kYfYUgZc``ckgg\ckb]bh\Y

BZbWZfg¾fZgʩaih^ʩcʩcXʩVghVadfʩdZfh^Zg!Xa^bVhZX]Vc\ZVcY cfXYfh\YmUddYUfYXcbh\YVU``chdUdYf. community consultation Result: not carried Candidate CibWZfʩ[KʩhZg Elected/Re-elected Roy Gentry ' -%+ For Against David Allott ( &$- GdYW]žYX ƫ ƨƧƦ ƨ ƣƩƧ 7`U]fY6fcXf]W_ 2,545 Discretionary ƣ ƨ ƤƦƩ A]_Y;ccXZY``ck!Ga]h\ 3,184 Total ƫ ƨƧƦ Ƥƣ ƥƣƣ Susanna Wade Martins 1,842 Hugh Waters % +*) BZbWZfg¾fZgʩaih^ʩcʩcYʩcVh^ʩcWʩlZg[ʩfBZbʩf^Va'%%,Vh Tamasin Davies %$ )*$ Elected National Trust properties 6Uffm6iW_]b[\Ua -,& Result: not carried Arabella Slator - ,&, Elected For Against Peter Thompson 3,888 GdYW]žYX Ƨ ƤƪƦ ƫ ƬƬƩ Elizabeth Whitehouse ( *%% Discretionary ƣ ƨ ƤƤƬ Steve Anderson %' *%( Elected Total Ƨ ƤƪƦ ƤƧ ƤƤƨ Guy Trehane 5,134 Peter Waine 3,218 BZbWZfg¾fZgʩaih^ʩcʩc[fZZZchfmhʩdfʩdZfh^Zg Anne Casement ( )%- Result: carried Frances Williams %% **$ Re-elected For Against David Scott %$ ,-- Re-elected GdYW]žYX Ƭ ƪƬƬ Ƨ Ʀƨƫ Simon Robinson & ,+( Discretionary ƣ ƨ ƣƤƦ Ian Marshall & ,(- Total Ƭ ƪƬƬ Ƭ ƦƪƤ H]bU6`UneiYn!@cdYn & )*+ =UbFckUh %& %+, Re-elected BZbWZfg¾fZgʩaih^ʩcʩcdfZ"Wʩʩ`^c\gmghZb[ʩfdfʩdZfh^Zgh]Vh Jill May ) '*, A]W\UY`Gh>c\bDUf_Yf - +*( Re-elected fZghf^Xhj^g^hʩfcibWZfg Result: not carried H\Y&$%)5;AhU_Ygd`UWYUhGH95A h\YAigYiacZh\Y;fYUhKYghYfb For Against FU]`kUm]bGk]bXcbcbGUhifXUm+BcjYaVYf&$%)" GdYW]žYX ƫ ƪƥƥ ƨ ƣƣƨ Discretionary ƣ ƨ ƤƣƤ Total ƫ ƪƥƥ Ƥƣ ƤƣƩ

66 2014 Annual General Meeting Year on record

6Xei^g^h^ʩcgʩ[dfʩdZfh^Zg!kʩf`gʩ[VfhVcYʩh]ZfʩW_ZXhg

East of England H]Zf^c\]VbEVf`!Cʩf[ʩa` A collection of 24 assorted Land at Standen House and 5dcfhfU]hcZh\Yc\bH\cfdY" >\]h]VbBʩhZ!@Zch a member of Queen Mary I’s &-$$$,'"HkcfY`UhYXaUfV`Y 5[fcidcZcV^YWhgk]h\U Privy Council and Lieutenant of VighgkYfYUWWYdhYX]b`]YicZ AVcYVhCiŹZaYEaVXZ! provenance from the Colyer- h\YHckYfcZ@cbXcb ]bk\]W\ tax and allocated to Wimpole Oxfordshire :Yf[iggcbZUa]`mckbYfg WUdUW]hm\YkUgUhcbYh]aYh\Y ]b&$%'#%(" O%*).GI*,$,+-Q;]ZhcZ-$!gdUWY cZ=[\h\UaAchYVYhkYYb ^U]`YfcZDf]bWYgg9`]nUVYh\ `UhYf WUfdUf_ZfcaBiŹY`X7c``Y[Y" %,,-UbX%-)% Wcadf]g]b[U 9`]nUVYh\="BH%&%$-)&" A half-length portrait of the silver christening font, a Bible Essex %+$%Ǩ- dfcVUV`mZfcah\Y O%*'.GD%%)$**Q$"&\YWhUfYg parishioners of West Linton and A group of three etchings by Cyril %+($g kUgdifW\UgYXUh $"(-UWfYgcZ`UbXUhh\YfYUf a pair of Victorian glass vases,

National Trust Annual Report 2014/15 Year on record 67 6Xei^g^h^ʩcgʩ[dfʩdZfh^Zg!kʩf`gʩ[VfhVcYʩh]ZfʩW_ZXhg Wcbh]biYX

Bʩhh^g[ʩch!=Vbdg]^fZ GZY=ʩigZ!@Zch A portrait of Samuel Beale, MP Chattels H\fYYd]YWYgcZZifb]hifYk]h\ HYbcV^YWhgUggcW]UhYXk]h\ %,$'Ǩ+( 9b[`]g\GW\cc` c]`cb 7Zahʩc=ʩigZ!A^cXʩacg]^fZ a provenance from Gilbert the architect and designer WUbjUg kUgXcbUhYXVm6YU`Y 5WcdmcZh\YVcc_Le Imagini UbXAUiXFiggY``k\cckbYX D\]`]dKYVV%,'%Ǩ%-%)UbX 7c" gc`]W]hcfg"GUaiY`6YU`Y de i Dei de gli Antichi by Achh]gZcbhVYhkYYb%-'(UbX \]gW`cgYUggcW]UhY;Ycf[Y>UW_ kUgUb]fcbaUghYfgidd`m]b[ J]bWYbnc7UfhUf] JYb]WY %)+%  %-)+ Wcadf]g]b[Ua]X! %,))Ǩ%-'% k\]W\kYfYUWWYdhYX hfUW_hch\YVif[Ycb]b[fU]`kUmg  kUgdifW\UgYXUhUiWh]cbUh Y][\hYYbh\!WYbhifmgUh]bkccX by HM Government in lieu of mayor of Birmingham in 1841, MP 6`ccagVifm @cbXcb Zcf—% -,( jYbYYfYXWm`]bXYfXYg_ UdU]bhYX ]b\Yf]hUbWYhUl]b&$%'UbXkYfY for Derby and chairman of the ]bW`iX]b[VimYf¾gdfYa]ia" V]fX¾g!YmYaUd`YUbXkU`bih permanently allocated in 2014, A]X`UbXFU]`kUmZfca%,),Ǩ*(" H\]gWcdmcZh\Yžfgh]``ighfUhYX jYbYYfYXhkc!h]YfhUV`YUbXU gYhh`]b[—'% %)$]bhUl"H\Ym UaYg YX]h]cb k]h\,,Zi``!dU[Y Regency mahogany card-table, fYƁYWhh\Y]adcfhUbWYcZKYVV¾g 6YU`Y%,($Ǩ%-%& h\YVi]`XYfcZ Yb[fUj]b[g\UgUVcc_d`UhYcZ kYfYXcbUhYXhch\YdfcdYfhm" role as designer of Red House GhUbXYb"BH&-$$%$*" 9Uf`6fckb`ck 6Y`hcbc\b7\ihY%+$%Ǩ+* 7Zch]Vaa=Vaa!H]fʩdg]^fZ BH&-$$$--Ǩ%$$" for the painting Reveillek\]W\ VYhkYYbh\Y%+)$gUbXh\Y%++$g" The contents, donated is part of the cycle of pictures BH&-$$$-+" k]h\h\YW\ifW\ ]bW`iX]b[ HkcZUbgaUXYcZg]`_ WfYUhYXgdYW]žWU``mZcfGUbX\Ua Zifb]hifY hYlh]`Yg aYhU`kcf_  YaVfc]XYfYXk]h\ƁcfU`ach]Zg]b AYacf]U`7\UdY`"BH&-$$$+%" Midlands [`Uggkcf_UbX`]hif[]WU`cV^YWhg" aYhU`h\fYUX YX[YXk]h\cghf]W\ BH)$--)&ǨBH)%$$%'" ZYUh\YfUbXk]h\b]bYhYYbh\! HhVcYZc=ʩigZVcYNorthamptonshire AY``cfg?]f_ Bchh]b[\Ua Zcf Acff]g¾g½*)+$&)Q;]ZhUWei]g]h]cb dcfhfU]h¾Q i]ZEdjgigV^XijgZd[=^h H\YZUbgkYfYXYg][bYXUbX a provenance from Standen, from the Church of England HVXgZYBV_Zhi^Z^c=^hHda^ijYZh aUXYVmC`]jYfAYggY`%-$(Ǩ+, kUgdifW\UgYXUhUiWh]cbUh cZGh6Ufh\c`caYk¾g VcYHjŴZg^c\h %*(, k]h\U as a gift for his mother, Maud FcgYVYfm¾g @cbXcb Zcf—--& Church and churchyard, a provenance from Canons Ashby, AYggY` ]b%-&,"BH&-$$%$,Ǩ%$" including buyer’s premium, partly seventeenth-century, Grade II* kUgXcbUhYXhch\Y\cigY"H\]g ZibXYXZfca[]ZhgUbXVYeiYghg" listed building in the middle of kUgh\Ygd]f]hiU`UihcV]c[fUd\m EZhkʩfh]=ʩigZ!LZghHiggZl BH&-$$$-*" cif6Ybh\U``9ghUhY"B]`Wcgh" cZ7\Uf`Yg=UbXkUgk]XY`m A painting by John Glover fYdf]bhYXUbXfYUXZc``ck]b[\]g %+*+Ǩ%,(- A Lake Landscape 5[fcidcZ%*W\U]fgVm9fbYgh G^X]bʩcYAʩY\Z!IVhhZfg]Vaa YlYWih]cb]b%*(-"BH'&$%'+%" with a Shepherd and with Cattle ;]agcb%,*(Ǩ%-%-kUg 8VghaZ!A^cXʩacg]^fZ and Goats in the Foreground, oil purchased from the Trustees of O%&&.H:&%$)+)Q5Wei]g]h]cb cbWUbjUg kUgdifW\UgYXUh GUddYfhcbJ]``U[Y

68 Year on record 6Xei^g^h^ʩcgʩ[dfʩdZfh^Zg!kʩf`gʩ[VfhVcYʩh]ZfʩW_ZXhg Wcbh]biYX

=VcWifm=Vaa!LʩfXZghZfg]^fZ North West Chattels South West HkcdcfhfU]hg cZ9aaUJYfbcb BʩichHhZkVfh!8ʩichm9ʩkc %+))Ǩ%,%, \Y]fYggcZc\b8ckbaUb%+)$Ǩ%,&(  9ic]VbBVggZm!8]Zg]^fZ Foundation, the Northern Ireland Hill National Nature Reserve and kUhYfWc`cifcbdUdYf %++* kYfY 5dU]fcZg]`jYfgbiŶYfgcfk]W_! Museums Council, the Friends GW\YXi`YX5bW]YbhAcbiaYbh" difW\UgYXZfca5fhkUfY:]bY hf]aa]b[gW]ggcfg k]h\h\YaUf_ of the National Libraries and Funded from a Natural England 5fhZcf—* $$$ giddcfhYXVmU cZG]acbD`Ubh]b @cbXcb %+'%  AfUbXAfgHYfYbWY?m`Y"H\Y Land Purchase grant and the Miss XcbUh]cbZfcaAf=Ub@Ybbcl" and originally part of the silver `]VfUfmfYƁYWhgh\Y]bhY``YWhiU` 9DUf_Yf6YeiYgh" H\YdcfhfU]hgkYfYdU]bhYX collection of George Booth, 2nd and cultural interests of the around the time of their marriage 9Uf`cZKUff]b[hcb%*+)Ǩ%+),  JUbY!HYadYgh!GhYkUfhZUa]`m AVcYVh=VbWaZYʩc=^aa ]b%++* k\]W\kci`XdfcjYhcVY kYfYdifW\UgYXUhUiWh]cbUh cjYfUdYf]cXcZhkcWYbhif]Yg" CVh^ʩcVaCVhifZGZgZfjZ!8]^aY Ubib\UddmcbY"BH&-$$$-(Ǩ)" 7\f]gh]Y¾g]b@cbXcbZcf—( $$$ 9bhfmfYWcfX(,%*" D`Z[ʩfY!9ʩfgZh ]bW`iX]b[VimYf¾gdfYa]ia"5h O%-(.GH,'+%&'Q'"$-\YWhUfYg HiYWifm=Vaa!9ZfWmg]^fZ h\YgUaYUiWh]cbUgbiŶYfdUb A double portrait of Frances +"*UWfYgcZ`UbXUX^UWYbhhc A set of ten late eighteenth- cfhfUm k]h\h\YaUf_cZDYhYf Anne, Marchioness of Hambledon Hill for use as a century Sèvres porcelain soup 5fW\UaVc @cbXcb %+', UbX @cbXcbXYffm%,$$Ǩ*) UbX\Yf WUfdUf_":ibXYXZfcah\YAf d`UhYg k]h\UdfcjYbUbWYZfca k]h\h\YgUaYdfcjYbUbWY kUg son Charles, Viscount Seaham, >G6YUfX6YeiYghUbXA]gg9 the Vernon family of Sudbury, difW\UgYXZcf—%$ $$$]bW`iX]b[ `UhYfh\Y)h\AUfeiYgg%,&%Ǩ,(  DUf_Yf6YeiYghUgkY``UgUb kUgdifW\UgYXUhUiWh]cbUh VimYf¾gdfYa]ia"BH&-$$%$(Ǩ)" full-length, by Sir Thomas Ubcbmacig6YeiYgh" Dorset L^\]hk^X`BVcʩf! G\ihh`Ykcfh\%+,(Ǩ%,%,VmG]f allocated to the National Trust O%-(.GM*%&,+(Q$")*\YWhUfYg Wolverhampton UbYhAUf^cf]VUb_gX" @UkfYbWYkYfYU`gcUWWYdhYX]b Zfcah\YA]gg9DUf_Yf6YeiYgh" the property by Virginia Surtees, %,))"G\ihh`Ykcfh\kUg_bckb lieu: a double portrait of Lady great-granddaughter of the as ‘the people’s magistrate’ for 7Uh\Yf]bYGhYkUfh%++)Ǩ%,%&  &:Wkʩfh]8ʩhhV\Z!':Wkʩfh] sitter, in memory of Lady Rosalie his enlightened approach as a žfghk]ZYcZ@cfX7\Uf`Yg 8ʩhhV\Z!'=^\]žZaY8ʩhhV\Z! AUbXYf"BH%&-$,$)" aU[]ghfUhYUhDfYghcb"BH(&&$%$" GhYkUfh `UhYf'fXAUfeiYggcZ &;Vf:cY!:Wkʩfh]:ghVhZ! @cbXcbXYffm%++,Ǩ%,)( k]h\ H]ZZdgXʩbWZ!c\bKcf_aUb" @cbXcbXYffm%+*-Ǩ%,&& Zi``! Northern Ireland `Yb[h\ ]bdYYf¾gfcVYgk]h\h\Y ;UfhYfUbX;UfhYfWc``UfUgkcfb Property at the coronation of George IV, BcWcad`YhYXUWei]g]h]cbg ]bUb]bhYf]cf"H\YhUlgYhh`YaYbh ]b&$%(#%)" Zcfh\YgYdcfhfU]hgkUg—&%$ $$$ UbX—(%$ $$$fYgdYWh]jY`m" BH%)(&'&*Ǩ,"

National Trust Annual Report 2014/15 Year on record 69 6Xei^g^h^ʩcgʩ[dfʩdZfh^Zg!kʩf`gʩ[VfhVcYʩh]ZfʩW_ZXhg Wcbh]biYX

EiWa^X8ʩcjZc^ZcXZgVh 9mf]VbEVf`!Hʩih] Wales Yorkshire and the North East Cornwall 5WcdmcZh\YVcc_A Lover’s Property Property O&$'.GK*)-&$+Q5Wei]g]h]cb Miscellany by Giles Jacob, D\kZc8ʩhhV\Z!8VfcZYYVi Buckden Beck Water Treatment of public conveniences from %+%- kUgdifW\UgYXZfca7F :ghVhZ!c\bgcbFUfY6cc_7c``YWh]cbg  O%%).G<*)$*$'Q5Wei]g]h]cb North Yorkshire surrounded by NT land and 5`hf]bW\Ua Zcf—% *$$  cZC[kYb7chhU[YUbXhkc O-,.G8-(&++&Q5Wei]g]h]cbcZ WUfdUf_"B]`Wcgh" supported by a donation from outbuildings for commercial and h\YZcfaYfkUhYfhfYUhaYbhd`Ubh H\Y6f]Ub7cc_Y8]gWfYh]cbUfm cdYfUh]cbU`difdcgYg":ibXYX to consolidate National Trust AVcYVY_ʩ^c^c\8]VaaVXʩbWZ Trust Fund and by a donation ZfcaUbUbcbmacigVYeiYgh" ckbYfg\]dUbXh\YbYld`cfY =ʩigZ!8ʩbWZBVfh^c! Zfca@]gUK\]hY"H\YVcc_ the creation of a hydro-electric >a[fVXʩbWZ!9Zjʩc contains a poem on Dyrham Chattels gW\YaY":ibXYXZfcah\Y O%,$.GG),&(+'Q$"$)*\YWhUfYg DUf_"BH'&$,+&)" 8]^f`8VghaZ!LfZl]Vb Af?>8KUfX6YeiYgh" $"%(UWfYgcZ`UbXgYWif]b[ 5WcdmcZ>UaYg9XkUfXGa]h\¾g UWWYgghc7\U``UWcaVYc\bbm %,$- k]h\UbF9AmXXY`hcb UiWh]cbUh5bXYfgcb;Uf`UbX  A portrait of Henry Chichester JUbUbiUfm ib_bckbUfh]gh kUgXcbUhYXhc @YjmVYeiYgh h\Y5fh:ibX U 1881 discussing the lighting of 5f`]b[hcb7cifh"BH-,,%%," ZibXgYhidVmh\Y`UhYcgYd\GkUb¾g Lytton, Leipzig, 1842, and Stuart XcbUh]cb"H\YdU]bh]b[kUg Tredegar in military costume, lamps, a Cragside meter-reading of Dunleath by Mrs Norton, dfcVUV`mUWei]fYXVmK]``]Ua UZhYfh\YUbh]eiY ]bh\Yghm`Y Vcc_XUhYX%-$%Ǩ)UbXUeiUbh]hm @cbXcb %,)( ]bgWf]VYXk]h\h\Y 6`Uh\kUmh%*(-Ǩ%+%+ h\Y cZG]fDYhYf@Y`m%*%,Ǩ,$ kUg of glass photographic negatives name of Catherine Chichester, Vi]`XYfcZ8mf\UaDUf_ ]bh\Y purchased by private treaty for cZ7fU[g]XY"BH&-$$%)(" %,)( kYfYXcbUhYXhc5f`]b[hcb `UhY%*,$g/]hkUggc`XZfcah\Y —+ $$$ dUfh`mZibXYXZfca[]Zhg 7cifh"BH'&$%'*-Ǩ+$" \cigY]b%-)*"BH&-$$%$+" UbXVYeiYghg"H\YdcfhfU]hkUg LVaa^c\hʩc!Cʩfh]ibWZfaVcY sold from the house in the mid- A mahogany bi-fold screen by 8aZjZYʩc8ʩifh!Cʩfh] @^c\ghʩcAVXm!9ʩfgZh hkYbh]Yh\WYbhifm"BH%))'+*&" John Henry Dearle and May Somerset Hkck]b[gZcfUbU`hUfd]YWY  Acff]gZcfAcff]g7c" WcjYfYX 5[fcidcZ%(+cV^YWhgk]h\ dU]bhYXVmK]``]Ua6Ub_Yg k]h\g]`_YaVfc]XYfYXk]h\ a provenance from Clevedon %+,*Ǩ%,))]b%,$'cf%,$( UbX ƁcfU`ach]ZgVm@UXm7Ufc`]bY Court, including paintings, prints, UkUhYfWc`cifUbX[ciUW\Ycb HfYjY`mUb kUgdifW\UgYXUh photographs, printed ephemera, jY``ia kYfYdifW\UgYXZfca UiWh]cbUh5bXYfgcb;Uf`UbX  silver, ceramics, glass and garden @ckY``@]Vgcb@hXZcf—&& $$$  BYkWUgh`Y Zcf—' &$,]bW`iX]b[ Zifb]hifYUbXcfbUaYbhg kUg k]h\ZibX]b[Zfcah\Y5fh:ibX  buyer’s premium, funded by a XcbUhYXhch\YdfcdYfhm"9bhfm h\YFcmU`CU_:cibXUh]cbUbX private donation and other gifts fYWcfXg'($)UbX'($*" Zfca[]ZhgUbXVYeiYghg"H\Y UbXVYeiYghg"BH&-$$%))" dUbY`gkYfYaUXYVm6Ub_Yg A painting of Clevedon Court by to decorate the Gothic ‘chapel’ A group of ceramics, a painting G]f7YXf]WAcff]g%,,-Ǩ%-,&  he created in his set of rooms UbXUVighk]h\UdfcjYbUbWY c]`cbVcUfX kUgdifW\UgYX UhHf]b]hm7c``Y[Y 7UaVf]X[Y" from Wallington have been at auction at Reeman Dansie, BH&-$$%$&Ǩ'" XcbUhYXhch\YdfcdYfhm"9bhfm 7c`W\YghYf Zcf—' +%&]bW`iX]b[ fYWcfX(&%,Ǩ%-" VimYf¾gdfYa]ia"BH&-$$%%'"

70 Year on record Year on record

6Xei^g^h^ʩcgʩ[dfʩdZfh^Zg!kʩf`gʩ[VfhVcYʩh]ZfʩW_ZXhg

East of England H]Zf^c\]VbEVf`!Cʩf[ʩa` A collection of 24 assorted Land at Standen House and 5dcfhfU]hcZh\Yc\bH\cfdY" >\]h]VbBʩhZ!@Zch a member of Queen Mary I’s &-$$$,'"HkcfY`UhYXaUfV`Y 5[fcidcZcV^YWhgk]h\U Privy Council and Lieutenant of VighgkYfYUWWYdhYX]b`]YicZ AVcYVhCiŹZaYEaVXZ! provenance from the Colyer- h\YHckYfcZ@cbXcb ]bk\]W\ tax and allocated to Wimpole Oxfordshire :Yf[iggcbZUa]`mckbYfg WUdUW]hm\YkUgUhcbYh]aYh\Y ]b&$%'#%(" O%*).GI*,$,+-Q;]ZhcZ-$!gdUWY cZ=[\h\UaAchYVYhkYYb ^U]`YfcZDf]bWYgg9`]nUVYh\ `UhYf WUfdUf_ZfcaBiŹY`X7c``Y[Y" %,,-UbX%-)% Wcadf]g]b[U 9`]nUVYh\="BH%&%$-)&" A half-length portrait of the silver christening font, a Bible

National Trust Annual Report 2014/15 Year on record 67 6Xei^g^h^ʩcgʩ[dfʩdZfh^Zg!kʩf`gʩ[VfhVcYʩh]ZfʩW_ZXhg Wcbh]biYX

Bʩhh^g[ʩch!=Vbdg]^fZ GZY=ʩigZ!@Zch A portrait of Samuel Beale, MP Chattels H\fYYd]YWYgcZZifb]hifYk]h\ HYbcV^YWhgUggcW]UhYXk]h\ %,$'Ǩ+( 9b[`]g\GW\cc` c]`cb 7Zahʩc=ʩigZ!A^cXʩacg]^fZ a provenance from Gilbert the architect and designer WUbjUg kUgXcbUhYXVm6YU`Y 5WcdmcZh\YVcc_Le Imagini UbXAUiXFiggY``k\cckbYX D\]`]dKYVV%,'%Ǩ%-%)UbX 7c" gc`]W]hcfg"GUaiY`6YU`Y de i Dei de gli Antichi by Achh]gZcbhVYhkYYb%-'(UbX \]gW`cgYUggcW]UhY;Ycf[Y>UW_ kUgUb]fcbaUghYfgidd`m]b[ J]bWYbnc7UfhUf] JYb]WY %)+%  %-)+ Wcadf]g]b[Ua]X! %,))Ǩ%-'% k\]W\kYfYUWWYdhYX hfUW_hch\YVif[Ycb]b[fU]`kUmg  kUgdifW\UgYXUhUiWh]cbUh Y][\hYYbh\!WYbhifmgUh]bkccX by HM Government in lieu of mayor of Birmingham in 1841, MP 6`ccagVifm @cbXcb Zcf—% -,( jYbYYfYXWm`]bXYfXYg_ UdU]bhYX ]b\Yf]hUbWYhUl]b&$%'UbXkYfY for Derby and chairman of the ]bW`iX]b[VimYf¾gdfYa]ia" V]fX¾g!YmYaUd`YUbXkU`bih permanently allocated in 2014, A]X`UbXFU]`kUmZfca%,),Ǩ*(" H\]gWcdmcZh\Yžfgh]``ighfUhYX jYbYYfYXhkc!h]YfhUV`YUbXU gYhh`]b[—'% %)$]bhUl"H\Ym UaYg YX]h]cb k]h\,,Zi``!dU[Y Regency mahogany card-table, fYƁYWhh\Y]adcfhUbWYcZKYVV¾g 6YU`Y%,($Ǩ%-%& h\YVi]`XYfcZ Yb[fUj]b[g\UgUVcc_d`UhYcZ kYfYXcbUhYXhch\YdfcdYfhm" role as designer of Red House GhUbXYb"BH&-$$%$*" 9Uf`6fckb`ck 6Y`hcbc\b7\ihY%+$%Ǩ+* 7Zch]Vaa=Vaa!H]fʩdg]^fZ BH&-$$$--Ǩ%$$" for the painting Reveillek\]W\ VYhkYYbh\Y%+)$gUbXh\Y%++$g" The contents, donated is part of the cycle of pictures BH&-$$$-+" k]h\h\YW\ifW\ ]bW`iX]b[ HkcZUbgaUXYcZg]`_ WfYUhYXgdYW]žWU``mZcfGUbX\Ua Zifb]hifY hYlh]`Yg aYhU`kcf_  YaVfc]XYfYXk]h\ƁcfU`ach]Zg]b AYacf]U`7\UdY`"BH&-$$$+%" Midlands [`Uggkcf_UbX`]hif[]WU`cV^YWhg" aYhU`h\fYUX YX[YXk]h\cghf]W\ BH)$--)&ǨBH)%$$%'" ZYUh\YfUbXk]h\b]bYhYYbh\! HhVcYZc=ʩigZVcY*)+$&)Q;]ZhUWei]g]h]cb dcfhfU]h¾Q i]ZEdjgigV^XijgZd[=^h H\YZUbgkYfYXYg][bYXUbX a provenance from Standen, from the Church of England HVXgZYBV_Zhi^Z^c=^hHda^ijYZh aUXYVmC`]jYfAYggY`%-$(Ǩ+, kUgdifW\UgYXUhUiWh]cbUh cZGh6Ufh\c`caYk¾g VcYHjŴZg^c\h %*(, k]h\U as a gift for his mother, Maud FcgYVYfm¾g @cbXcb Zcf—--& Church and churchyard, a provenance from Canons Ashby, AYggY` ]b%-&,"BH&-$$%$,Ǩ%$" including buyer’s premium, partly seventeenth-century, Grade II* kUgXcbUhYXhch\Y\cigY"H\]g ZibXYXZfca[]ZhgUbXVYeiYghg" listed building in the middle of kUgh\Ygd]f]hiU`UihcV]c[fUd\m EZhkʩfh]=ʩigZ!LZghHiggZl BH&-$$$-*" cif6Ybh\U``9ghUhY"B]`Wcgh" cZ7\Uf`Yg=UbXkUgk]XY`m A painting by John Glover fYdf]bhYXUbXfYUXZc``ck]b[\]g %+*+Ǩ%,(- A Lake Landscape 5[fcidcZ%*W\U]fgVm9fbYgh G^X]bʩcYAʩY\Z!IVhhZfg]Vaa YlYWih]cb]b%*(-"BH'&$%'+%" with a Shepherd and with Cattle ;]agcb%,*(Ǩ%-%-kUg 8VghaZ!A^cXʩacg]^fZ and Goats in the Foreground, oil purchased from the Trustees of O%&&.H:&%$)+)Q5Wei]g]h]cb cbWUbjUg kUgdifW\UgYXUh GUddYfhcbJ]``U[Y

68 Year on record 6Xei^g^h^ʩcgʩ[dfʩdZfh^Zg!kʩf`gʩ[VfhVcYʩh]ZfʩW_ZXhg Wcbh]biYX

=VcWifm=Vaa!LʩfXZghZfg]^fZ North West Chattels South West HkcdcfhfU]hg cZ9aaUJYfbcb BʩichHhZkVfh!8ʩichm9ʩkc %+))Ǩ%,%, \Y]fYggcZc\b8ckbaUb%+)$Ǩ%,&(  9ic]VbBVggZm!8]Zg]^fZ Foundation, the Northern Ireland Hill National Nature Reserve and kUhYfWc`cifcbdUdYf %++* kYfY 5dU]fcZg]`jYfgbiŶYfgcfk]W_! Museums Council, the Friends GW\YXi`YX5bW]YbhAcbiaYbh" difW\UgYXZfca5fhkUfY:]bY hf]aa]b[gW]ggcfg k]h\h\YaUf_ of the National Libraries and Funded from a Natural England 5fhZcf—* $$$ giddcfhYXVmU cZG]acbD`Ubh]b @cbXcb %+'%  AfUbXAfgHYfYbWY?m`Y"H\Y Land Purchase grant and the Miss XcbUh]cbZfcaAf=Ub@Ybbcl" and originally part of the silver `]VfUfmfYƁYWhgh\Y]bhY``YWhiU` 9DUf_Yf6YeiYgh" H\YdcfhfU]hgkYfYdU]bhYX collection of George Booth, 2nd and cultural interests of the around the time of their marriage 9Uf`cZKUff]b[hcb%*+)Ǩ%+),  JUbY!HYadYgh!GhYkUfhZUa]`m AVcYVh=VbWaZYʩc=^aa ]b%++* k\]W\kci`XdfcjYhcVY kYfYdifW\UgYXUhUiWh]cbUh cjYfUdYf]cXcZhkcWYbhif]Yg" CVh^ʩcVaCVhifZGZgZfjZ!8]^aY Ubib\UddmcbY"BH&-$$$-(Ǩ)" 7\f]gh]Y¾g]b@cbXcbZcf—( $$$ 9bhfmfYWcfX(,%*" D`Z[ʩfY!9ʩfgZh ]bW`iX]b[VimYf¾gdfYa]ia"5h O%-(.GH,'+%&'Q'"$-\YWhUfYg HiYWifm=Vaa!9ZfWmg]^fZ h\YgUaYUiWh]cbUgbiŶYfdUb A double portrait of Frances +"*UWfYgcZ`UbXUX^UWYbhhc A set of ten late eighteenth- cfhfUm k]h\h\YaUf_cZDYhYf Anne, Marchioness of Hambledon Hill for use as a century Sèvres porcelain soup 5fW\UaVc @cbXcb %+', UbX @cbXcbXYffm%,$$Ǩ*) UbX\Yf WUfdUf_":ibXYXZfcah\YAf d`UhYg k]h\UdfcjYbUbWYZfca k]h\h\YgUaYdfcjYbUbWY kUg son Charles, Viscount Seaham, >G6YUfX6YeiYghUbXA]gg9 the Vernon family of Sudbury, difW\UgYXZcf—%$ $$$]bW`iX]b[ `UhYfh\Y)h\AUfeiYgg%,&%Ǩ,(  DUf_Yf6YeiYghUgkY``UgUb kUgdifW\UgYXUhUiWh]cbUh VimYf¾gdfYa]ia"BH&-$$%$(Ǩ)" full-length, by Sir Thomas Ubcbmacig6YeiYgh" UbYhAUf^cf]VUb_gX" @UkfYbWYkYfYU`gcUWWYdhYX]b Zfcah\YA]gg9DUf_Yf6YeiYgh" the property by Virginia Surtees, %,))"G\ihh`Ykcfh\kUg_bckb lieu: a double portrait of Lady great-granddaughter of the as ‘the people’s magistrate’ for 7Uh\Yf]bYGhYkUfh%++)Ǩ%,%&  &:Wkʩfh]8ʩhhV\Z!':Wkʩfh] sitter, in memory of Lady Rosalie his enlightened approach as a žfghk]ZYcZ@cfX7\Uf`Yg 8ʩhhV\Z!'=^\]žZaY8ʩhhV\Z! AUbXYf"BH%&-$,$)" aU[]ghfUhYUhDfYghcb"BH(&&$%$" GhYkUfh `UhYf'fXAUfeiYggcZ &;Vf:cY!:Wkʩfh]:ghVhZ! @cbXcbXYffm%++,Ǩ%,)( k]h\ H]ZZdgXʩbWZ!c\bKcf_aUb" @cbXcbXYffm%+*-Ǩ%,&& Zi``! Northern Ireland `Yb[h\ ]bdYYf¾gfcVYgk]h\h\Y ;UfhYfUbX;UfhYfWc``UfUgkcfb Property at the coronation of George IV, BcWcad`YhYXUWei]g]h]cbg ]bUb]bhYf]cf"H\YhUlgYhh`YaYbh ]b&$%(#%)" Zcfh\YgYdcfhfU]hgkUg—&%$ $$$ UbX—(%$ $$$fYgdYWh]jY`m" BH%)(&'&*Ǩ,"

National Trust Annual Report 2014/15 Year on record 69 6Xei^g^h^ʩcgʩ[dfʩdZfh^Zg!kʩf`gʩ[VfhVcYʩh]ZfʩW_ZXhg Wcbh]biYX

EiWa^X8ʩcjZc^ZcXZgVh 9mf]VbEVf`!Hʩih] Wales Yorkshire and the North East c\bgcbFUfY6cc_7c``YWh]cbg  O%%).G<*)$*$'Q5Wei]g]h]cb North Yorkshire surrounded by NT land and 5`hf]bW\Ua Zcf—% *$$  cZC[kYb7chhU[YUbXhkc O-,.G8-(&++&Q5Wei]g]h]cbcZ WUfdUf_"B]`Wcgh" supported by a donation from outbuildings for commercial and h\YZcfaYfkUhYfhfYUhaYbhd`Ubh H\Y6f]Ub7cc_Y8]gWfYh]cbUfm cdYfUh]cbU`difdcgYg":ibXYX to consolidate National Trust AVcYVY_ʩ^c^c\8]VaaVXʩbWZ Trust Fund and by a donation ZfcaUbUbcbmacigVYeiYgh" ckbYfg\]dUbXh\YbYld`cfY =ʩigZ!8ʩbWZBVfh^c! Zfca@]gUK\]hY"H\YVcc_ the creation of a hydro-electric >a[fVXʩbWZ!9Zjʩc contains a poem on Dyrham Chattels gW\YaY":ibXYXZfcah\Y O%,$.GG),&(+'Q$"$)*\YWhUfYg DUf_"BH'&$,+&)" 8]^f`8VghaZ!LfZl]Vb Af?>8KUfX6YeiYgh" $"%(UWfYgcZ`UbXgYWif]b[ 5WcdmcZ>UaYg9XkUfXGa]h\¾g UWWYgghc7\U``UWcaVYc\bbm %,$- k]h\UbF9AmXXY`hcb UiWh]cbUh5bXYfgcb;Uf`UbX  A portrait of Henry Chichester JUbUbiUfm ib_bckbUfh]gh kUgXcbUhYXhc @YjmVYeiYgh h\Y5fh:ibX U 1881 discussing the lighting of 5f`]b[hcb7cifh"BH-,,%%," ZibXgYhidVmh\Y`UhYcgYd\GkUb¾g Lytton, Leipzig, 1842, and Stuart XcbUh]cb"H\YdU]bh]b[kUg Tredegar in military costume, lamps, a Cragside meter-reading of Dunleath by Mrs Norton, dfcVUV`mUWei]fYXVmK]``]Ua UZhYfh\YUbh]eiY ]bh\Yghm`Y Vcc_XUhYX%-$%Ǩ)UbXUeiUbh]hm @cbXcb %,)( ]bgWf]VYXk]h\h\Y 6`Uh\kUmh%*(-Ǩ%+%+ h\Y cZG]fDYhYf@Y`m%*%,Ǩ,$ kUg of glass photographic negatives name of Catherine Chichester, Vi]`XYfcZ8mf\UaDUf_ ]bh\Y purchased by private treaty for cZ7fU[g]XY"BH&-$$%)(" %,)( kYfYXcbUhYXhc5f`]b[hcb `UhY%*,$g/]hkUggc`XZfcah\Y —+ $$$ dUfh`mZibXYXZfca[]Zhg 7cifh"BH'&$%'*-Ǩ+$" \cigY]b%-)*"BH&-$$%$+" UbXVYeiYghg"H\YdcfhfU]hkUg LVaa^c\hʩc!Cʩfh]ibWZfaVcY sold from the house in the mid- A mahogany bi-fold screen by 8aZjZYʩc8ʩifh!Cʩfh] @^c\ghʩcAVXm!9ʩfgZh hkYbh]Yh\WYbhifm"BH%))'+*&" John Henry Dearle and May Somerset Hkck]b[gZcfUbU`hUfd]YWY  Acff]gZcfAcff]g7c" WcjYfYX 5[fcidcZ%(+cV^YWhgk]h\ dU]bhYXVmK]``]Ua6Ub_Yg k]h\g]`_YaVfc]XYfYXk]h\ a provenance from Clevedon %+,*Ǩ%,))]b%,$'cf%,$( UbX ƁcfU`ach]ZgVm@UXm7Ufc`]bY Court, including paintings, prints, UkUhYfWc`cifUbX[ciUW\Ycb HfYjY`mUb kUgdifW\UgYXUh photographs, printed ephemera, jY``ia kYfYdifW\UgYXZfca UiWh]cbUh5bXYfgcb;Uf`UbX  silver, ceramics, glass and garden @ckY``@]Vgcb@hXZcf—&& $$$  BYkWUgh`Y Zcf—' &$,]bW`iX]b[ Zifb]hifYUbXcfbUaYbhg kUg k]h\ZibX]b[Zfcah\Y5fh:ibX  buyer’s premium, funded by a XcbUhYXhch\YdfcdYfhm"9bhfm h\YFcmU`CU_:cibXUh]cbUbX private donation and other gifts fYWcfXg'($)UbX'($*" Zfca[]ZhgUbXVYeiYghg"H\Y UbXVYeiYghg"BH&-$$%))" dUbY`gkYfYaUXYVm6Ub_Yg A painting of Clevedon Court by to decorate the Gothic ‘chapel’ A group of ceramics, a painting G]f7YXf]WAcff]g%,,-Ǩ%-,&  he created in his set of rooms UbXUVighk]h\UdfcjYbUbWY c]`cbVcUfX kUgdifW\UgYX UhHf]b]hm7c``Y[Y 7UaVf]X[Y" from Wallington have been at auction at Reeman Dansie, BH&-$$%$&Ǩ'" XcbUhYXhch\YdfcdYfhm"9bhfm 7c`W\YghYf Zcf—' +%&]bW`iX]b[ fYWcfX(&%,Ǩ%-" VimYf¾gdfYa]ia"BH&-$$%%'"

70 Year on record Properties open at a charge with more than 50,000 visitors in 2014/15.29

Property 2014/15 2013/14 Giant's Causeway 549,066 504,405 Speke Hall 123,714 106,355 Stourhead 405,572 389,294 Nostell Priory 118,193 110,084 Cliveden 404,702 419,788 Kedleston Hall 117,699 119,671 Attingham Park 394,334 371,905 Hinton Ampner 117,230 110,707 Fountains Abbey Estate 373,364 344,113 Lyme Park 117,010 109,360 Polesden Lacey 346,587 310,880 Ham House 114,662 101,827 Dunham Massey 340,929 226,313 Plas Newydd 113,061 92,651 Nymans 323,268 263,388 Coughton Court 111,741 108,841 Carrick-a-Rede 323,188 266,542 Hall, Gardens and Estate 110,871 102,416 Belton House 321,776 305,181 Winkworth Aboretum 110,575 100,335 Anglesey Abbey 316,469 285,709 Avebury 109,988 122,600 Calke Abbey 314,151 270,068 Standen House and Garden 109,756 84,323 St. Michael's Mount 299,360 301,916 Bateman's 109,114 92,567 Mottisfont 286,510 262,244 Hughenden 107,942 95,811 Kingston Lacy 270,099 241,044 Sutton Hoo 104,540 84,697 Gibside 242,490 196,021 Sizergh 103,195 83,652 Corfe Castle 234,671 218,832 Upton House and Gardens 102,631 105,373 Chartwell 233,965 211,835 Hilltop 95,627 102,015 232,277 195,585 Biddulph Grange Garden 95,261 76,906 225,501 220,318 Penrhyn Castle 93,587 89,113 Ickworth 217,024 196,660 Barrington Court 93,505 89,997 Cragside 216,903 201,793 Coleton Fishacre 89,602 81,948 Lanhydrock 212,755 209,761 Castle Drogo 89,493 97,586 Hardwick Hall 212,547 221,578 Greenway 88,786 91,854 Killerton 205,647 187,509 Lindisfarne Castle 88,642 84,942 Wallington 203,426 195,322 Emmetts Garden 86,472 79,741 Bodnant Garden 193,415 176,514 Saltram 85,682 65,062 Baddesley Clinton 191,556 194,222 Glendurgan Garden 85,273 80,474 Dyrham Park 190,906 167,526 Snowshill Manor and Garden 83,647 86,610 Charlecote Park 187,524 168,738 Dudmaston Estate 83,123 70,267 Claremont Landscape Garden 186,694 172,671 Arlington Court 82,997 84,700 The Vyne 181,081 166,111 Buckland Abbey 81,832 79,693 Sissinghurst Castle Garden 180,766 181,768 Little Moreton Hall 80,169 78,169 Bodiam Castle 176,158 159,467 Wray Castle 78,922 71,982 Hidcote 174,689 163,361 Croft Castle and Parkland 78,512 73,347 Quarry Bank 174,280 173,569 Tredegar House 77,661 66,856 Croome 171,952 140,686 Hatchlands 76,997 73,585 Packwood 170,697 95,801 Chedworth Roman Villa 76,880 71,748 Stowe 169,701 147,410 Wightwick Manor 76,029 75,755 Lacock 168,074 153,333 Oxburgh Hall 75,437 79,906 Petworth House and Park 161,341 148,947 Berrington Hall 73,630 66,853 Mount Stewart 157,331 155,114 Gardens 71,569 68,360 Trelissick 157,237 127,507 Osterley Park and House 70,525 62,213 Sudbury Hall 151,133 147,887 Trerice 69,459 68,705 Blickling Estate 151,039 146,256 Rowallane Garden 65,338 53,957 Wimpole Home Farm 149,737 135,892 Nunnington Hall 62,504 59,591 Dunster Castle 149,564 146,630 Lydford Gorge 60,881 60,975 Knightshayes 146,713 120,385 Canons Ashby 57,184 54,738 Cotehele 145,132 136,392 Uppark House and Garden 56,880 52,444 Hanbury Hall and Gardens 140,469 119,881 Clandon Park 56,408 52,661 Scotney Castle 140,243 132,473 Wicken Fen 55,836 50,117 Ightham Mote 135,614 107,483 Lytes Cary Manor 55,788 48,756 Montacute House 135,211 124,896 Trengwainton Garden 54,595 50,626 Wimpole Estate 134,305 157,353 Brockhampton Estate 54,139 47,948 Beningbrough Hall 132,344 127,462 The Needles 53,943 53,954 Erddig 130,349 146,129 A la Ronde 52,789 54,430 Brownsea Island 130,070 122,466 Farne Islands 52,263 52,669 Greys Court 129,678 89,554 The Courts Garden 51,888 45,256 Castle Ward 129,466 135,205 Seaton Delaval Hall 51,352 56,519 Knole 126,941 116,681 Clumber Park 50,846 43,809 Basildon Park 126,466 104,059 Treasurer's House (York) 50,711 44,761 Chirk Castle 126,223 127,009 Tattershall Castle 50,532 43,704 Powis Castle 126,007 112,673

Visits to Wakehurst Place are not included in our reported visitors numbers as they are supported and managed by Royal Botanical Gardens, Kew. Visits to Waddesdon Manor are also not included in our reported visitor numbers as they are supported and independently managed by The Rothschild Foundation. Waddesdon attracted over 360,000 visitors in the 2014/15 year which would place it amongst the Trust’s top 10 visited properties.

National Trust Annual Report 2014/15 Year on record 71 Retirements

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Susan Aust 9Zcc^g=ʩWYZc David Stone 9^hig^Wji^dc8ZcigZ6Yb^c^higVidg Gardener =ZVY

Martin Atkinson Brian Holman John Walton General Manager Gardener-in-Charge Property Manager 9ggYlUbXGiŶc`_9ghiUfm Avebury Farne Islands &+mYUfg &-mYUfg 24 years

Edwin Blunt Moira Hopping Christine Ward LVgYZc Retail Manager Business Support Co-ordinator Birmingham Conurbation Nymans ;fUgaYfYFY[]cbU`CŹWY &-mYUfg 20 years 20 years

Janet Burton Derek Loveless Philip Willcocks =djhZ`ZZe^c\6hh^hiVci Ranger 7j^aY^c\8gV[iheZghdcEajbWZg Belton House DifVYW_9ghUhY Bodmin Estate Yard 20 years 32 years 22 years

Eric Cross

Richard Dean Ann Mitchell Curator Business Support Co-ordinator ;fUgaYfYFY[]cbU`CŹWY Tisbury Hub 30 years 20 years

?ZŶfZm9ʩYYg Brian Muelaner Estate Team Supervisor Forestry Adviser 7`iaVYfDUf_ Heelis 23 years &-mYUfg

Carol Dougherty HhZd]ZcBiaWZffm Administrator General Manager ?]b[ghcb@UWm North Devon 21 years 34 years

?Zcc^[Zf<^Wa^c Denis Scott =djhZ@ZZe^c\6hh^hiVci Building Supervisor (Carpenter/Joiner) Waddesdon Manor Wallington 20 years 22 years

Nicola Grace Adrian Shaw Assistant Director Operations Dredger Master ;cXXUfXgFY[]cbU`CŹWY KYm;cXU`a]b[BUj][Uh]cbg 33 years 22 years

72 Year on record Awards

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National Midlands South West Northern Ireland

2014 Responding to Derbyshire Heritage J]g]h9b[`UbX5kUfXgZcf The Greats Gift Retailer 7`]aUhY7\Ub[YFH77 5kUfXg >iX[YgGdYW]U` Excellence 2014, Small cZh\YMYUf5kUfXg  5kUfX]bh\YcihghUbX]b[ 5kUfXZcfcihghUbX]b[ Visitor Attraction of the Best Museums/Visitor kUhYfUbX\mXfcdckYf interpretation for MYUf¹G]`jYf5kUfXYX Attraction Gift Shop solutions provider ‘Stitches in Time’ to Coleridge Cottage, &$%(¹;c`X5kUfXYX category Yl\]V]h]cb¹Lincolnshire Heritage 2014, Large Visitor Wales House, London, Dunster 5kUfXg&$%(6YghDfc^YWh Attraction of the Year Castle, Somerset, on a Limited Budget – ‘A ¹G]`jYf5kUfXYXhc I?6ig]bYgg;fYYb ;Ukh\cfdYLancashire and Moseley KYXX]b[KYY_YbX¾¹ FYbYkUV`Y9bYfƄDfc^YWh C`XWest Wycombe Small Visitor Attraction Wrexham Tourism J]``U[Y 6iW_]b[\Uag\]fY ¹;c`X5kUfXYXhcDf]cf 5aVUggUXcf5kUfXg FYZifV]g\aYbhDfc^YWh DUf_@UbXgWUdY;UfXYb  2014, Best Visitor Somerset Attraction – Erddig, KfYl\UaUbX7\]f_ H\Y7cfbkU``

National Trust Annual Report 2014/15 Year on record 73 DW^hiVf^Zg

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Tim Basing David Jackson H]a6Ug]b[X]YXcb&-8YWYaVYf&$%( U[YX)'"H]akUgh\Y=H 8Uj]X>UW_gcbX]YXcb%*AUm&$%( U[YX))"8Uj]XkUgcbYgX]YXcb&)BcjYaVYf&$%( U[YX*,AUfm^c]bYXh\YHfigh GhYjY6]Ƃ]bgX]YXcb&(>i`m&$%( U[YX*%"GhYjYkUgU;UfXYb ]b%--*UbXkUgUWUfYhU_YfUhBUbh@Ug7chhU[Y]bGbckXcb]U KU`Yg" AUbU[YfUh7U`_Y5VVYmUbX\UXkcf_YXZcfh\YBUh]cbU`Hfigh ZcfcjYf'(mYUfg" Nicholas Angell Lane MBE B]W\c`Ug5b[Y``@UbYX]YXcb'%>i`m&$%(U[YX,'"

Aida Bridget Carson Simon Lee 5]XU6f]X[Yh7Ufgcb _bckbUg½6]XXm¾ X]YXcb%(CWhcVYf&$%(" G]acb@YYX]YXcb%-AUm&$%( U[YX)("G]acbkcf_YXZcfh\YHfigh 6]XXmkUgYad`cmYXVmh\YBUh]cbU`HfighZfca%-++hc%--)Uhh\Y Zcf%&mYUfg žfghUgDfcdYfhmAUbU[YfcZ6fckbgYU=g`UbX]b8cfgYh  Bcfh\7cUgh"5ZhYf\YffYh]fYaYbh]b%--)g\YfYhifbYXUgUjc`ibhYYf  UbXh\YbZcfgYjYbmYUfgUg;YbYfU`AUbU[YfcZBmaUbgUbXKU_Y\ifgh kcf_]b[Uh7Uff]W_!U!FYXYZfca%--)ibh]`YUf`m&$%(" D`UWY]bKYghGiggYl"<]g`Y[UWm]ghc`YUjYBmaUbgUgcbYcZh\YHfigh¾g acghj]g]hYXdfcdYfh]Yg" Douglas Dryden 8ci[`Ug8fmXYbX]YXcb&+>ibY&$%( U[YX,)"UbiUfm&$%)"D\]``]dkUgU\c`]XUmWchhU[Y Hfigh]b%-,%"8ci[`UgkUgU[fYUhgiddcfhYfcZh\YHfighUbXg\UfYX WUfYhU_YfUh:`UhZcfX6f]X[Y]bGiŶc`_" \]gdUgg]cbZcf7Ubcbg5g\Vmk]h\ghUŶUbXjc`ibhYYfg"H\Y8fmXYb ZUa]`mUbXh\Y7Ubcbg5g\VmhYUak]``VYd`Ubh]b[h\fYYcU_hfYYg]b Dave Morris h\YdUf_`UbX]baYacfmcZh\Yh\fYYVfch\Yfg DYhYf >c\bUbX8ci[`Ug 8UjYAcff]gX]YXcb&->ibY&$%( U[YX*)"8UjYkUgh\YFUb[Yf 8fmXYb]bUihiab&$%)" Zcf6]W_Yfhcb 6i`_Y`YmUbXUW_UbiUfm&$%) U[YX-%"=b%-*-G]f>UW_ Rev. Jonathan Peel purchased Lundy Island in the Bristol Channel, Devon, and donated it H\YFYj">cbUh\UbDYY`X]YXcb%%8YWYaVYf&$%( U[YX++">cbUh\Ub hch\YBUh]cbU`Hfigh"@ibXm]gWiffYbh`mžbUbWYX UXa]b]ghYfYXUbX kUgU[fYUhgiddcfhYfcZh\YHfighUbXVYhkYYb%-,&UbX&$$&gYfjYX fibVmh\Y@UbXaUf_Hfigh" as Chairman of the East Anglia Regional Committee, Chairman of the Properties Committee, Member of the Executive Committee and of Mary Henry (née Clive) 7cibW]`UbXUg8Ydihm7\U]faUbcZh\YBUh]cbU`Hfigh"ibY&$%( U[YX*$"G\YkUgh\YžZh\UbX h\YBcfZc`_7\ifW\YgHfighUbXkUgW\U]faUbcZh\Y6fcUXg5ih\cf]hm" mcib[Ygh[fUbXW\]`XcZAUf[UfYh:]ZYb‚YFihgcbk\c[UjY Bibb]b[hcb

74 Year on record Obituaries (continued)

Richard Quin Ted Warden Richard Quin died on 14 March 2014, aged 59. Richard was a Building Ted Warden died on 4 March 2015. He was for many years the Accounts Surveyor with the North Shropshire team in the Midlands region. Manager in the Wessex Regional at Stourhead.

Lady Mary Soames Mary, Lady Verney Lady Mary Soames, the youngest daughter of Sir Winston Churchill, died Mary, Lady Verney died on 20 February 2015, aged 90. She was married on 31 May 2014 aged 91. Lady Soames played a pivotal role at Chartwell to the late Sir Ralph Bruce Verney who gave Claydon House to the Trust in Kent, her family’s home from 1924 to 1965. After her father’s death in in 1956. She was an internationally acclaimed forte pianist and saw the 1965 she worked with her mother to set out the visitor experience as it formation of the Claydon concerts which were extremely popular. is today. Lady Soames continued to be a regular visitor and provided an invaluable link to family life at Chartwell.

The Royal Oak Foundation

We would like to thank the Royal Oak Foundation for its continued King Alfred’s Tower and the Pinetum. The Royal Oak Foundation and support of our work. The mission of the Royal Oak has also supported a number of other projects including a major Foundation is to inspire Americans to learn about, experience and contribution from the Foundation’s Ervin-DesChamps Fund for the support places of great historic and natural in the acquisition of a still life by Cornelis de Heem for Dyrham Park, near United Kingdom. This year a particular highlight was the Royal Oak Bath, grants from its Grace & William Thompson Fund for the Lake Foundation’s donation of $1.25 million to help restore the Ballroom District, as well as contributions for conservation work at Mount at Knole in Kent. The Foundation also ran a successful appeal for Stewart in Northern Ireland and Clandon Park in Surrey. The National Stourhead in Wiltshire which succeeded in raising funds to restore Trust is grateful to all involved for their commitment and generosity. iconic landscape features including the Temple of Apollo, the Grotto,

Rothschild Foundation

We are most grateful to Lord and Lady Rothschild and The Rothschild varied exhibition and events programme. This included an exceptional Foundation for their continued and extraordinary generosity towards second century Roman mosaic from Lod in Israel, a critically acclaimed Waddesdon Manor in Buckinghamshire, as well as their conservation exhibition of Roubilliac’s eighteenth-century busts of Alexander Pope, Bit. and development of the much wider Waddesdon footprint. It is one of Fall, a contemporary water and light installation by Julius Popp, and the the National Trusts’ most visited properties with over 360,000 visitors second year of Winter Light at Waddesdon by artist Bruce Munro. 30 in the 2014/15 year. Visitors were able to enjoy not only the excellence of its unique collection, gardens, aviary and archive but also a wonderfully

Wolfson Foundation

We are extremely grateful to the Wolfson Foundation for its pledge of a further £1 million towards our joint programme for conservation. The partnership has helped us undertake some of the most ambitious conservation projects that we have ever tackled and supports heritage skills development and understanding across the sector.

30 Visits to Waddesdon Manor are not included in our reported visitor numbers on page 71 as it is supported and managed by The Rothschild Foundation.

National Trust Annual Report 2014/15 Year on record 75 Gifts and donations

>cY^j^YiVag!8]Vf^hVWaZIfighgVcY;ʩicYVh^ʩcg >cY^j^YiVag!—'!*%%"—)!... Sir John and Lady Heathcoat KYkci`X`]_Yhch\Ub_U``cifXcbcfgZcfh\Y]f[YbYfciggiddcfhk\]W\ Ms Patricia Aste Amory Charitable Trust \Y`dgighcdfchYWhh\YkcbXYfZi`d`UWYg]bcifWUfYUbXWcbgYfjYh\Ya AfgDUaY`U6U_Yf The Ada Hillard Charitable Trust ZUf]bhch\YZihifY"KYU`gcfYaU]b[fUhYZi`hch\cgY[YbYfcigXcbcfg AfgG6fckb The John Horseman Trust bch`]ghYX" Mr Nicholas Bull The Houghton Dunn Mr G Burch Charitable Trust AfBY]`UbXAfgB]W_m9W_Yfh The Ironmongers’ Company For Ever, For Everyone Appeal ơƤ Ƨƨƨ ƧƦƨ Mr Brian and Mrs Joan Fleming J J Charitable Trust Neptune Coastline Campaign ơƤ ƥƨƣ Ƥƨƣ B Follett The Jordan Charitable Foundation ?bc`YFYghcfUh]cbDfc^YWh ơƧƩƬ ƣƩƣ A J Fortnam H\Y?Y``Yhh:ibX Neptune Free Funds ơƧƤƬ ƥƣƣ The late Mrs Yvonne Harvey H\Y?]bgifXm7\Uf]hUV`YHfigh Castle Drogo ơƦƨƫ ƤƤƨ AfUbXAfg5bXfYkUaYg?bchhHfigh 8U`Yg;fcid5ddYU`ƥƣƤƧ ơƦƤƪ ƩƥƧ Mr Colin Henderson H\Y@YƂYhh7\Uf]hUV`YHfigh 8mf\UaDUf_FccZ5ddYU` ơƥƫƩ ƤƥƩ AfB]W_iXmAUhh\Ykg The Lidbury Family Trust EiUffm6Ub_FYjc`ih]cbUbXFYjY`Uh]cbDfc^YWh ơƤƫƩ ƨƨƬ AfBcY`DUf_Yf H\YAUW_]bhcg\:cibXUh]cb Mr John Pattisson A]W\UY`AUf_g7\Uf]hUV`YHfigh >cY^j^YiVag!—*!%%% Sir Desmond and Lady Lorimer Mr and Mrs Glyn Samuel The Esme Mitchell Trust Mr and Mrs Trevor Adams 8f:fUbW]g@ckYg Mr and Mrs Anthony Shoults The Monument Trust Mr Richard and Mrs Diana Allan QC Dr Helen Lumley in memory of Af?Y]h\Gcih\Yfb National Gardens Scheme In memory of Wilson Stephenson Dr Philip Lumley Mr R Steinbeis and Ms C Pierard Charitable Trust Croom Leech and Basil Sir Laurie and Lady Magnus Ag5`]gcbGhiW_ The Norman Family Joseph Leech Mr John Marston MBE and 5bXfYkUbX>UbYGihhcb Charitable Trust Mr Justin Anderson Mrs Mette Marston Mr and Mrs Tony Teague The Ofenheim Charitable Trust AfUbXAfgFcVYfh6Uffck Mr and Mrs John McGrath Lady Rosemary Thompson The Oglesby Charitable Trust AfcmWY@caUl6i``cW_ The TreadRight Foundation Mr and Mrs Ernie Fisher Mr John Scott Charitable Trust The David Webster Charitable Trust Af5bXfYk:`YhW\YfC69 AfUbXAfg>U_YG\UZfUb The Gordon Bulmer Charitable Trust John Winder Fund Mr and Mrs Duncan Ford Mr and Mrs Ian Tegner The John Coates Charitable Trust The Wolfson Foundation Mr and Mrs David Freeman Mr John Thomason The Country Houses Foundation H\YF]W\UfXUbX>UWeiY`]bY Mr and Mrs Richard Glanville Miss P Thompson 8fAfg58Uf`]b[hcb  Kcfgk]W_Hfigh Mr and Mrs Richard Godden Miss Susie Thomson Charitable Trust 8fUbXAfg5bXfYk;ci[\]b Mrs Margaret Thornton H\Y8]W_]bgcb7\Uf]hUV`YHfigh memory of Mary Faull Mr and Mrs John Tilney The Society of Dilettanti Mr Stephen Hale Mr and Mrs Allan Wallis Charitable Trust Fund Mr and Mrs Michael Hallett Mr David and Mrs 9ga‚Y:U]fVU]fb:cibXUh]cb Mr and Mrs William Hobhouse Christine Walmsley H\Y:]XY`]hmI?:cibXUh]cb Miss Davina Hodson Mr Philip Whale Fine Family Foundation AfUbXAfg8Uj]X?]``]W_ Mr Peter and Mrs Pat White The Good Gifts Catalogue Miss Sarah Lanham Mr Alan Williams H\Y;ckYfGcW]Yhm Miss Veronica Laurie Roseanne Williams The Walter Guinness Mr Ian Lennox Charitable Trust AfAUhh\YkUbXAfg:fUbW]g H\Y

76 Year on record Gifts and donations Wcbh]biYX

8]Vf^hVWaZIfigh!—'!*%%"—)!... Welsh Government Plantlife :fYXYf]W_KUfbY The Anglesey 2001 Trust WREN Plymouth City Council ;ccX9bYfƄ Arts and Business Northern Ireland GbckXcb]UBUh]cbU`DUf_5ih\cf]hm Arts Council England South Tyneside Council <]HYWGdcfhgI?@]a]hYX Charitable Trust 6]ŶU5kUfX South West Coast Path Association J Salmon Limited The Margaret Chattell Big Lottery Fund* Sport Wales Just Go! Holidays Charitable Trust Broadland District Council GiŶc`_7cibhm7cibW]` @U]h\kU]hYgK]bYg@]a]hYX A]ggFYbY9h\Y`7\YW_`UbX CADW Surrey County Council A6B59ifcdY6Ub_@]a]hYX Charitable Trust Ceredigion Social Enterprise The Heritage Alliance Mondelez International The Clapp Family Charitable Trust  ;fckh\:ibX Vale of Glamorgan Council  ¹I?6fUbW\7UXVifm H\Y6f]Ub7cc_Y City of Sunderland Veolia Environmental Trust Murco Petroleum Limited Discretionary Fund 7cU`žY`XgFY[YbYfUh]cbHfigh Veolia North Thames Trust Ordnance Survey The George Dudley Herbert 7chgkc`X8]ghf]Wh7cibW]` Viridor Credits Environmental Panasonic Charitable Trust 7cibW]`Zcf6f]h]g\5fW\UYc`cƄ Company D]b_;fYYbY@]a]hYX >c\bH\caUg?YbbYXm County Durham Wales Council for Voluntary Action Pru-Health Charitable Foundation Environmental Trust Welcome to our Future RBS Elda Latin Charitable Trust Cumbria County Council Wiltshire Council Rivermill Limited National Association of Decorative Department for Business, Worcestershire County Council Fc``]bgGcbg@cbXcb@]a]hYX  :]bY5fhgGcW]Yh]Yg  =bbcjUh]cbUbXG_]``g Mcf_g\]fY8U`YgA]``Ybb]iaHfigh RSA H\Y>c\bDUf_Yf7\Uf]hUV`YHfigh 8YdUfhaYbhZcfKcf_UbX Sarah Raven H\Y?Uh\`YYbGa]h\:cibXUh]cb  DYbg]cbg8KD 7^\AdiiZgn;jcYNational Maritime Museum 7chgkc`XCihXccfg Heritage Lottery Fund National Museum of Liverpool Crane Garden Buildings Natural England National Museums and Galleries Creative Tops Limited BYkdcfh7]hm7cibW]` National Portrait Gallery 8U]hc6ib_U Northern Ireland Environment Natural Environment 8Y`UjU`g6fYkYfg@]a]hYX  5[YbWmB=95 Research Council 8i_YAUf_Yh]b[@]a]hYX SITA Trust Natural Resources Wales 8ifYghUId\c`ghYfm@]a]hYX South Eastern Regional College Neath Port Talbot Council 9DUf_Gcbg@]a]hYX Sport England BYkdcfh7]hm7cibW]` Fat Face GhcW_dcfh7cibhm7cibW]` BcfZc`_7cibhm7cibW]` :Ybk]W_@]a]hYX GhcW_dcfhAYhfcdc`]hUb Northamptonshire County Council First Natural Brands Borough Council Northern Ireland Tourist Board  hfUX]b[UgH]ggYfUbX

National Trust Annual Report 2014/15 Year on record 77 Supporter groups

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78 Year on record Supporter groups Wcbh]biYX

Eastbourne Association ơƤ ƨƣƣ"ƣƣ DifVYW_5ggcW]Uh]cb ơƧ ƨƣƣ"ƣƣ 9bžY`X5ggcW]Uh]cb ơƩ ƩƩƣ"ƣƣ Raleigh Centre ơƥ Ƭƣƣ"ƣƣ 9dgca 9kY``8]ghf]Wh7YbhfY ơƩ Ƥƪƣ"ƣƣ Reading Centre ơƬ ƩƥƧ"ƣƣ :fcXg\Ua8]ghf]Wh5ggcW]Uh]cb ơƤ ƣƣƣ"ƣƣ Ribble Centre ơƦ ƨƣƣ"ƣƣ ;c`XYb7Ud5ggcW]Uh]cbKYgh8cfgYh ơƧ ƣƣƣ"ƣƣ Richmond Association ơƧ ƬƧƩ"ƣƣ Grantham Association ơƥ ƨƣƣ"ƣƣ FcmghcbGUŶfcbKU`XYb5ggcW]Uh]cb ơƤ ƩƤƨ"ƣƣ ;kYbh5ggcW]Uh]cb ơƤ ƪƨƣ"ƣƣ Rugby Association ơƧ Ʀƣƣ"ƣƣ Haldon Association ơƥ Ʀƣƣ"ƣƣ GU`]gVifmGcih\K]`hg\]fY5ggcW]Uh]cb ơƫ ƣƣƣ"ƣƣ Hertfordshire Association ơƧ ƨƣƫ"ƣƣ West Surrey Centre ơƥƧ Ƭƪƣ"ƣƣ North Leicestershire Association ơƧ ƩƥƦ"ƤƤ KYghcb!GidYf!AUfY8]ghf]Wh5ggcW]Uh]cb ơƥ ƣƨƣ"ƣƣ Bcfh\GhUŶcfXg\]fY5ggcW]Uh]cb ơƩ ƤƨƬ"ƣƣ Wimbledon Association ơƨ ƨƣƣ"ƣƣ North Sussex Centre ơƦ ƥƬƧ"ƣƣ Winchester Association ơƪ ƣƣƨ"ƣƣ North Worcestershire Association ơƥ ƫƣƣ"ƣƣ Worthing Association ơƦ ƣƣƣ"ƣƣ Northampton Association ơƦ ƣƣƣ"ƣƣ Wycombe Centre ơƦ ƣƣƣ"ƣƣ Nottingham Centre ơƦ ƧƧƣ"ƣƣ KmfY:cfYgh8]ghf]Wh7YbhfY ơƪ Ƥƣƣ"ƣƣ Cfag_]f_8]ghf]Wh5ggcW]Uh]cb ơƥ ƫƨƣ"ƣƣ Mcf_5ggcW]Uh]cb ơƪ ƪƨƣ"ƣƣ Cfd]b[hcb7\]g`Y\ifgh7YbhfY ơƨ ƨƣƣ"ƣƣ Oxford Centre ơƩ ƣƣƣ"ƣƣ KYUfYU`gc[fUhYZi`hch\YƤƪGiddcfhYf;fcidgk\cfU]gYXibXYf DYU_8]ghf]Wh7YbhfY —%$ ''("$$ ơƤ ƣƣƣ UWiai`Uh]jYhchU`cZơƩ ƫƦƧ"ƣƣ" DYaVfc_Yg\]fY5ggcW]Uh]cb ơƥ ƣƣƣ"ƣƣ DYbk]h\5ggcW]Uh]cb ơƥ Ƥƨƣ"ƨƩ DYhYfVcfci[\GhUaZcfX5ggcW]Uh]cb ơƥ ƦƧƥ"Ƨƨ Dcfhgacih\8]ghf]Wh7YbhfY ơƧ ƣƣƣ"ƣƣ

National Trust Annual Report 2014/15 Year on record 79 Legacies

H\YBUh]cbU`Hfigh]gjYfm[fUhYZi`ZcfVYeiYghgXif]b[h\YmYUfZfca Mr R A Beeden ơƤƧ ƩƧƩ"ƫƤ ơƥƧ ƩƧƩ"ƫƤ h\YYghUhYgcZh\YZc``ck]b[]bX]j]XiU`g"K]h\cihh\]g[YbYfcg]hm]h Miss H P Bennett ơƦƬƧ ƨƨƥ"Ƥƫ kci`XbchVYdcgg]V`YZcfYggYbh]U`WUd]hU`dfc^YWhghcVYibXYfhU_Yb Miss P J Bennett ơƧ ƣƣƣ"ƣƣ UhHfighdfcdYfh]Yg bcfhcZibXh\YdifW\UgYcZbYkdfcdYfh]Yg" Mrs M G Benzie ơƦ ƣƣƣ"ƣƣ Mrs A R Berry ơƨ Ʀƣƣ"ƣƣ :][ifYg]bdUfYbh\YgYgg\ckh\YWiai`Uh]jYhchU`fYWY]jYXhc&, Mr R J N Betts ơƦ ƣƣƣ"ƣƣ :YVfiUfm&$%)k\YfYUacibhg\UjYVYYb]bW`iXYX]bdfYj]cig5bbiU` Mr W J Biddulph ơƧƤ ƥƣƫ"Ʃƣ FYdcfhgcf5WWcibhg" Mrs A M Billingsley ơƤƣ ƣƣƣ"ƣƣ Miss B Bingham ơƦ ƣƣƣ"ƣƣ Af>86`UW_kY`` ơƪƪ ƤƩƩ"ƩƩ —'!*%%VcYʩjZf Afg8D6`U_Y ơƩƬ ƥƦƫ"ƣƦ Af?96`U_Y ơƧƣ ƣƣƣ"ƣƣ Mrs F Adams ơƩ ƣƣƣ"ƣƣ Miss M A Bleything ơƨƬ ƬƥƦ"ƩƦ Mr P I Addison ơƤƤƣ ƣƣƣ"ƣƣ Mrs J A Bolton ơƤƫƦ ƣƣƣ"ƣƣ A]gg7A5żYW_ ơƩ ƫƤƣ"ƫƥ ơƤƣƩ ƪƦƫ"ƣƬ Mrs M A Bonallo ơƩ ƣƣƣ"ƣƣ Miss E Alexander ơƥƣ ƣƣƣ"ƣƣ Mrs R S Bond ơƥƨƣ ƣƣƣ"ƣƣ Mr D M Allan ơƤƫ ƨƩƦ"ƬƦ ơƤƤƫ ƨƩƦ"ƬƦ A]ggFA6cgcakcfh\ ơƨ ƫƤƥ"ƪƧ ơƤƦƨ ƫƤƥ"ƪƧ Miss J M Allen ơƥƥ Ƨƪƫ"ƨƩ Mr G C Bottomley ơƨƩ ƣƦƧ"ƩƬ Mrs A E L Allott ơƨ ƣƣƣ"ƣƣ Mr R H Bottrill ơƪƫ ƪƧƨ"ƥƨ AfA>5``kf][\h ơƫƣƣ ƣƣƣ"ƣƣ ơƤ ƤƣƩ ƫƨƥ"ƥƤ Mr J E Boulding ơƤƨ ƣƣƣ"ƣƣ AfgA?5bXYfgcb ơƬ ƣƫƨ"ƣƣ ơƤƨ ƧƦƨ"ƫƦ A]gg>96ckaYf ơƨ ƣƣƣ"ƣƣ Af8595bXfYkg ơƧƥ ƣƣƬ"ƪƪ ơƤ ƣƬƥ ƣƣƬ"ƪƪ Afg896ckg\Yf ơƦƨ ƣƦƦ"ƪƣ AfG>5bXfYkg ơƥƣ ƣƣƣ"ƣƣ ơƧƣ ƣƣƣ"ƣƣ Afg6;6fUXX]W_ ơƥƩ ƪƣƧ"ƥƩ Miss J Ansell ơƤƣ ƣƣƣ"ƣƣ Ms A Braden ơƦ ƣƣƣ"ƣƣ Mr J V P Anthony ơƨƣ ƣƣƣ"ƣƣ A]gg56fU]h\kU]hY ơƩƥ ƦƤƥ"Ƭƫ ơƤƤƩ ƦƤƥ"Ƭƫ Miss C M Appleby ơƥƣ ƣƣƣ"ƣƣ Afg<A6fUakY`` ơƤƣ ƣƣƫ"ƥƥ Mrs P Y Appleton ơƤƥƣ ƣƬƬ"Ʃƥ Miss M Branton-Williams ơƤƤ ƣƣƣ"ƣƣ Mrs P M Archer ơƨƥ ƣƣƣ"ƣƣ Mr J D Brazier ơƨ ƣƣƣ"ƣƣ Mr G R A Argles ơƥƬ Ƨƣƥ"Ʃƣ Miss D M Bridle ơƪƨ ƣƣƣ"ƣƣ Mr C R D Armistead ơƥ ƨƣƣ"ƣƣ Mr H Brighouse ơƦƪ ƤƦƥ"ƩƩ ơƨƤƬ ƨƩƪ"ƪƣ Mrs N D Arnold ơƥ ƪƦƬ"Ʃƫ ơƤƣƥ ƪƦƬ"Ʃƫ Mr H G Bright ơƨ ƩƫƬ"ƧƧ ơƤƨ ƬƣƧ"ƣƣ Af<5g\kcfh\ ơƤƤƪ ƪƨƫ"ƩƬ A]gg5=6fcc_Y ơƥ ƪƩƬ"ƥƪ ơƬƨ ƫƩƧ"ƥƥ Miss C A Aston ơƩƧ ƣƥƪ"ƬƧ ơƤƩƧ ƣƥƪ"ƬƧ Afg5;6fcc_g ơƥƣƣ ƣƣƣ"ƣƣ DfcZ"A55ghcb ơƫ ƤƤƣ"Ƨƫ Mrs J L Broom ơƤƥƣ ƣƣƣ"ƣƣ A]ggA=5h_]bgcb ơƥƨƣ ƣƣƣ"ƣƣ Afg66fckb ơƧƨ ƪƧƩ"ƦƬ Miss M J Atyeo ơƦƫ Ƨƣƨ"ƨƫ Af7F6fckb ơƫƥ ƨƣƣ"ƣƣ ơƤƦƥ ƨƣƣ"ƣƣ Mr B E D Austin ơƥ ƨƣƣ"ƣƣ Afg86fckb ơƦ ƤƥƧ"ƩƧ ơƥƦ ƤƥƧ"ƩƧ Mr G H Austin ơƤƧ ƧƤƤ"ƪƪ ơƥƨ ƨƧƦ"ƦƬ Afg=6fckb ơƨ ƣƣƣ"ƣƣ Miss L H Aynsley ơƦ ƤƣƬ"Ƥƥ ơƪƤ ƥƥƣ"ƨƣ Mrs N C Brunt ơƤ ƨƫƣ ƣƣƣ"ƣƣ ơƤ ƪƫƣ ƣƣƣ"ƣƣ Mrs H Bailey ơƥƦƬ Ʀƨƪ"ƦƩ Afg96iW_`Ym ơƨ ƣƣƣ"ƣƣ Mrs P M Bailey ơƦƪƣ ƣƣƣ"ƣƣ Miss R M Budd ơƧ ƣƣƣ"ƣƣ Dr S E R Bailey ơƤƥ ƧƦƧ"ƧƩ Mr S G Buer ơƦƥ ƪƫƦ"ƨƨ ơƥƬƥ ƪƫƦ"ƨƨ Mr G R Barber ơƧƨ ƥƥƣ"ƣƣ Mr P C Bullen ơƥƧ ƨƣƣ"ƣƣ Af6:6Uf_g\]fY ơƤƨ ƬƩƪ"ƣƩ AfFC6i``cW_ ơƪƨ ƣƣƣ"ƣƣ Mrs G Barnes ơƩƩ ƣƪƣ"Ʀƣ ơƤƧƤ ƣƪƣ"Ʀƣ Miss N E Bumfrey ơƤƤƧ ƤƦƨ"ƥƩ Miss G M F Barnes ơƤƨ ƣƩƫ"ƧƬ ơƧƨ ƣƩƫ"ƧƬ Mr J B Burman ơƤƬƨ ƦƦƥ"ƪƣ Mr P Barnicott ơƩƬ ƣƣƣ"ƣƣ Af<>6iffckg ơƥƣ ƤƧƧ"ƪƥ Afg8<96Uffck ơƨ ƣƣƣ"ƣƣ Mr J H Bury ơƧƬ ƣƥƧ"ƤƩ AfgDD6Uffck ơƥƣƦ ƤƬƣ"Ƨƥ Miss D E Bushby ơƧ ƣƩƣ"ƩƬ ơƥƣƧ ƦƨƬ"ƨƬ Mr A D Bartram ơƤƨ ƣƣƣ"ƣƣ Mr A J Buss ơƤƦƧ ƬƤƧ"Ƨƣ ơƦƦƧ ƬƤƧ"Ƨƣ Miss M A Bates ơƥƧ Ʀƣƥ"ƨƫ Miss M Byles ơƦƤ ƨƬƫ"ƫƬ ơƪƧ ƣƬƫ"ƫƬ Mr J G Baxter ơƦƬ Ƭƪƣ"Ƥƨ ơƨƫ ƪƪƣ"Ƥƨ Af8F?7U\]`` ơƧƦƪ ƬƣƩ"ƧƤ Afg?A6YW_ ơƥƥƨ ƣƣƣ"ƣƣ Mrs M M Campin ơƧ ƣƣƣ"ƣƣ

80 Year on record Legacies Wcbh]biYX

Dr E Capper ơƥƣ ƣƣƣ"ƣƣ A]gg=;8UkY ơƫ ƨƤƧ"ƣƥ Mrs J R Carter ơƫƪ Ƭƣƥ"ƧƧ Mrs P Day ơƦ ƣƦƦ"Ʃƨ ơƥƫ ƣƦƦ"Ʃƨ Mr R H Cash ơƨ ƣƣƣ"ƣƣ Miss P J Day ơƥƬƥ ƣƣƣ"ƣƣ Miss H M Castle ơƤƧƬ Ʃƣƨ"ƥƧ Mr G B Deane ơƥƨ ƣƧƦ"Ƥƨ A]gg897\UXk]W_ ơƤƤ ƣƣƣ"ƣƣ Mrs J M Denton ơƫƣ ƣƣƣ"ƣƣ Miss D M Chandler ơƤƤƣ ƣƣƣ"ƣƣ Miss M Detchon ơƦ ƩƬƣ"Ʃƥ Mr D J A Chappell ơƨƣ ƥƩƤ"ƧƤ Mr R D Digby ơƥƥ ƨƨƨ"ƫƪ Mr J D Charter ơƦƨ ƥƫƩ"ƣƨ Mr H C Dinham ơƥƥƨ ƣƣƣ"ƣƣ Mrs P J S Cheeseman ơƨ ƣƣƣ"ƣƣ Miss B S Dixon ơƥƨ ƣƣƣ"ƣƣ ơƫƣ ƣƣƣ"ƣƣ Miss C E M Chetham ơƦƤƣ ƦƬƥ"ƫƥ Miss N L Dixon ơƨ ƣƣƣ"ƣƣ Mr H Chorlton ơƥƣ Ƭƨƥ"ƨƤ ơƦƥƤ Ƨƨƥ"ƨƤ Miss A W Dooley ơƥƤ Ʃƨƣ"ƣƣ Mrs A E Christopherson ơƤƥƨ ƣƣƣ"ƣƣ A]gg?G8ci[]`` ơƧƤƤ ƦƫƩ"Ƨƨ A]gg6A7`Uf_ ơƦ Ƭƫƫ"ƫƨ ơƤƦ Ƭƫƫ"ƫƨ Mr A W Douglas ơƦ ƣƣƣ"ƣƣ A]gg6A7`Uf_ ơƤƫƪ Ƨƫƫ"ƣƥ Mr D L Douglas ơƨ ƣƣƣ"ƣƣ AfH97`Uf_ ơƤƨƥ ƤƧƥ"Ƭƫ ơƧƣƥ ƤƧƥ"Ƭƫ Afg6>8ckb ơƩƦ Ʀƪƥ"ƬƦ ơƤƣƫ Ʀƪƥ"ƬƦ Af8K7`Uf_Y ơƫ ƣƤƩ"ƬƩ ơƤƫƦ ƣƤƩ"ƬƩ Af><:8ckb]b[ ơƤƩ ƧƧƬ"ƤƧ Miss P A Clenton ơƤƣ Ʀƫƪ"Ʀƪ ơƥƥ ƤƤƫ"ƪƩ A]ggJ58ckhm ơƤƣ ƣƣƣ"ƣƣ Mrs A D Cochrane ơƥƫ ƩƫƧ"ƥƤ 8fA@8iƂUb ơƤƥ ƣƣƣ"ƣƣ AfF?7cX`]b[ ơƤƫ Ʃƪƣ"ƤƦ ơƧƦ Ƨƥƣ"ƤƦ Af>78iaVfYW_ ơƥƣ ƣƣƣ"ƣƣ Miss J A Cole ơƨ ƣƣƣ"ƣƣ Mrs F D Duncan ơƥ ƩƪƤ"Ƨƫ ơƤƤ ƨƣƧ"ƪƣ Mrs R A Coleman ơƤƤƦ ƧƦƣ"ƬƩ Mrs J M Duthoit ơƪ ƬƣƧ"ƬƬ ơƥƩƫ ƬƩƬ"ƣƤ Mr S W Coles ơƦƣ ƪƧƪ"ƨƬ Mr S Eadie ơƨ ƣƣƣ"ƣƣ Mr J D Colley ơƧƩ ƨƩƤ"ƥƨ ơƪƩ ƨƩƤ"ƥƨ Miss J A Earless ơƥƨ ƣƣƣ"ƣƣ ơƧƪ ƣƣƣ"ƣƣ Miss R Collings ơƦƪ ƨƨƥ"ƣƣ Miss M E Edmondston ơƦ ƪƬƬ"Ʃƥ Mr R G Collins ơƪƪ ƬƦƨ"ƨƥ Afg9@59XkUfXg ơƥƫ ƤƬƪ"ƬƤ Mrs G M Compston ơƤƣ ƣƣƣ"ƣƣ AfD;9XkUfXg ơƤƣ ƣƣƣ"ƣƣ Miss J A Connell ơƥƨ ƣƣƣ"ƣƣ Mrs M G M Elliott ơƨ ƣƣƣ"ƣƣ Mrs M C Coombs ơƨƣ ƪƪƪ"ƨƥ Mr D V Ellison ơƬ ƦƧƩ"Ƥƫ ơƥƣƬ ƦƧƩ"Ƥƫ Mr P L Coombs ơƧ ƬƤƥ"ƧƩ Miss M Emmerson ơƩ ƩƥƤ"Ƭƨ Miss J G Cooper ơƨ ƣƣƣ"ƣƣ Mrs E B Evans ơƩ ƣƦƥ"ƪƨ ơƤƤƩ ƣƦƥ"ƪƨ Mrs J O Cooper ơƨ ƣƣƣ"ƣƣ Mrs G I Evans ơƨ ƣƣƣ"ƣƣ Miss M E Cooper ơƤƤ ƨƦƤ"Ʀƨ Mrs M M Evans ơƧƣ ƣƣƣ"ƣƣ Miss A M Corbett ơƤƪ ƥƨƣ"ƣƣ ơƫƥ ƨƣƣ"ƣƣ Mrs R I Evans ơƦƥƥ ƫƬƪ"ƪƦ Af77ci`XkY`` ơƨ ƣƣƣ"ƣƣ Mr M P Everett ơƧƦƦ ƦƦƦ"ƦƦ A]ggAH7ckUb ơƪ ƦƬƦ"Ʃƨ Miss J B Farmer ơƤƥ ƥƣƤ"ƦƬ Mr D S Crabbs ơƫ ƣƣƣ"ƣƣ ơƤƦ ƣƣƣ"ƣƣ Mrs D E P Farrant ơƨ ƣƣƣ"ƣƣ Afg>7fUW_bY`` ơƪ Ƥƥƪ"ƨƬ Mrs M Faull ơƦ ƣƬƣ"ƩƦ Miss J M Cramp ơƤƨƣ ƬƣƬ"ƦƦ Mrs R M Field ơƥƣ ƣƣƣ"ƣƣ A]ggA>7fUk`Ym ơƤƥ ƬƥƤ"ƪƪ Mr G T Fillery ơƦƨƣ ƣƣƣ"ƣƣ Miss B A Credland ơƤƣ ƣƣƣ"ƣƣ Miss M Finch ơƨƥ ƣƧƤ"ƪƪ A]gg>7f]W_ ơƤƤ Ƨƥƨ"ƣƥ ơƤƣƤ Ƨƥƨ"ƣƥ Miss M C Finch ơƤƬ ƨƤƫ"ƣƬ ơƧƨ ƨƤƫ"ƣƬ Afg>AD7fcc_ ơƨƨƣ ƣƣƣ"ƣƣ ơƨƬƣ ƣƣƣ"ƣƣ Mrs E Fisher ơƤƨƣ ƣƣƣ"ƣƣ AfgC>7fck`Y ơƫ ƦƧƬ"ƥƫ ơƧƪ ƦƧƬ"ƥƫ Mr A E Fitzcombe ơƦƨƣ ƣƣƣ"ƣƣ Miss M E Cull ơƬ ƨƥƨ"ƪƣ ơƦƣ ƨƥƨ"ƪƣ Miss D E Flynn ơƫƨ ƣƣƣ"ƣƣ Mr L A Culliford ơƫ ƥƤƨ"Ƭƨ ơƦƤ ƦƦƪ"ƩƤ Mrs J M Follmer ơƩƣ ƣƣƣ"ƣƣ Mrs P Y Cumin ơƨ ƣƣƣ"ƣƣ Mrs H M Fortnam ơƨ ƣƣƣ"ƣƣ Mrs S S Dabbs ơƤƥ ƤƧƤ"Ʃƪ ơƧƩƪ ƤƧƤ"Ʃƪ Mrs C Fortune ơƨ ƣƣƣ"ƣƣ Mr B Dale ơƥƨ ƣƣƣ"ƣƣ Mrs B E Freeman ơƤƣ ƣƣƣ"ƣƣ Mrs I Daly ơƤƬ ƤƦƨ"ƧƬ Mrs T D S Fretter ơƨ ƣƣƣ"ƣƣ Mrs E L Darling ơƪ ƣƦƧ"ƦƤ ơƥƪƪ ƤƨƦ"ƣƦ Mr B Frost ơƪƥƦ ƤƬƥ"Ʀƫ Miss D E Davies ơƦƨƨ ƣƬƨ"Ʀƥ Mrs F H Fuller ơƩƨ ƣƣƣ"ƣƣ Miss D G Davies ơƤƣ ƣƣƣ"ƣƣ Miss M C Furness ơƦƩ ƫƦƬ"ƫƤ ơƤƤƬ ƤƩƦ"ƤƤ Mr T Davin ơƬ ƣƤƣ"ƬƤ Mrs B E Gadsby ơƤƣ ƣƣƣ"ƣƣ Mr G M Davis ơƤƩ ƦƤƣ"ƣƣ ơƤƧƩ ƦƤƣ"ƣƣ Miss S A Gage ơƤƩƥ ƧƫƬ"ƪƤ

National Trust Annual Report 2014/15 Year on record 81 Legacies Wcbh]biYX

Af@:;UƂ ơƦ ƪƨƣ"ƣƣ Miss M Hayhurst ơƦƨ ƣƣƣ"ƣƣ Miss P Gale MBE ơƦƧ ƤƬƦ"ƥƪ ơƫƬ ƤƬƦ"ƥƪ AfA8;fYYbkccX ơƨ ƣƣƣ"ƣƣ Af@?;;f]Źh\g ơƦƣ ƣƩƨ"Ƨƣ Miss S Hurst ơƤƤƬ ƣƦƫ"ƦƬ Mrs N Grohs ơƥƨ ƧƦƤ"ƦƬ ơƧƫƣ Ƭƥƪ"ƤƬ Miss L E Hurter ơƥƣ ƣƣƣ"ƣƣ Mr P J H Groves ơƨ ƣƣƣ"ƣƣ Mrs G D Hutchings ơƦƪƣ ƣƣƣ"ƣƣ Miss G M Gully ơƦ ƣƣƣ"ƣƣ Miss I G Hynd ơƩ ƨƤƩ"ƪƣ Mrs M J Habgood ơƦƩ ƥƨƣ"ƣƣ Sir J R Ibbs ơƤƣ ƣƣƣ"ƣƣ Af>DA>UW_gcb ơƥƣƪ ƩƥƩ"ƨƪ Mrs D J Hamilton ơƧƩƪ ƨƣƣ"Ʃƣ Af>G>UW_gcb ơƦ ƣƣƣ"ƣƣ Mr D Hampson ơƤƣ ƣƣƣ"ƣƣ A]ggA>UW_gcb ơƥƧƥ ƫƣƩ"Ƭƫ Mr P Hampson ơƥ ƪƩƧ"Ʃƫ ơƧƥ ƪƤƧ"ƧƬ Mrs M E James ơƬƨ ƫƩƬ"ƥƫ Mr T A Hampson ơƧƣ ƣƣƣ"ƣƣ Mr P W James ơƥƨƣ ƣƤƪ"ƣƣ A]gg6AYb_]bgcb ơƦƬƫ ƥƨƥ"ƪƩ Miss E A Harrington ơƤƥ ƧƨƤ"ƬƤ Mrs W D Jervis ơƥƧ ƫƤƨ"ƫƬ ơƧƥƣ ƫƬƪ"ƧƬ Mr D V Harris ơƥƪƣ ƣƣƣ"ƣƣ Mr A S Johnson ơƥƣ ƣƣƣ"ƣƣ Mr A D Harvey ơƥ ƨƣƣ"ƣƣ Miss B A Johnson ơƧ ƪƣƪ"ƫƧ Mrs J Hay ơƩƨƣ ƣƣƣ"ƣƣ Mr D G Johnson ơƥƣ ƣƣƣ"ƣƣ Mrs V C Hayes ơƨ ƣƣƣ"ƣƣ Dr E H Johnson ơƤƦ ƩƨƤ"ƨƣ

82 Year on record Legacies Wcbh]biYX

Mr S D Johnson ơƩ Ʃƥƪ"Ƨƨ ơƧƩƨ Ʃƥƪ"Ƨƨ Mrs M M M Macleod ơƤƣ Ʀƥƣ"Ƨƪ ơƥƦƬ Ʃƪƣ"ƪƤ Miss L R Johnstone ơƦ ƤƤƥ"Ʀƨ ơƥƦ ƤƤƥ"Ʀƨ Mrs B Maclese ơƤƫ ƥƦƦ"ƣƣ Miss D E Jones ơƥ ƨƣƣ"ƣƣ Mr J D Malam ơƧƧƣ ƣƣƣ"ƣƣ Miss E Jones ơƨ ƣƣƣ"ƣƣ Mr A A Mallett ơƥƪ ƣƣƣ"ƣƣ Mrs E M Jones ơƤƨ ƪƨƫ"Ƥƣ ơƧƣ ƫƧƣ"ƤƬ Af?AUbgcb ơƩƥ ƣƩƧ"ƫƨ ơƦƦƥ ƣƩƧ"ƫƨ Af@?Um ơƦ Ƥƣƨ"ƪƨ Miss M S Marsh ơƥƪƤ ƪƨƨ"Ƭƥ Afg?A?UmY!KYVghYf ơƦƩ ƨƬƪ"ƤƬ ơƤƣƩ ƨƬƪ"ƤƬ Mr T Marsh ơƧƨ ƬƤƥ"ƤƦ A]gg@?YUh]b[ ơƧ Ƨƨƨ"ƫƥ ơƪƤ Ƭƫƣ"Ƥƥ Miss P N G Marsland ơƩ ƣƣƣ"ƣƣ Afg>@?Yad ơƫ ƧƬƫ"ƫƦ ơƫƫ ƧƬƫ"ƫƦ Miss E J Martin ơƥƣƣ ƣƣƣ"ƣƣ AfF?Yfg`U_Y ơƪƨ ƣƣƣ"ƣƣ Mr P J Martin ơƤƣ ƣƣƣ"ƣƣ AfgJ?YggY`g ơƨ Ʃƫƨ"ƫƣ ơƤƣƬ Ʃƫƨ"ƫƣ Mrs R M Martin ơƨ ƣƣƣ"ƣƣ A]ggF?Yk ơƨ ƣƣƣ"ƣƣ Mrs I G E Mason ơƦ ƫƥƣ"Ʀƥ Afg6=?]b[ ơƤƧ ƨƧƨ"ƤƦ Mr J R Matheson ơƩƤ ƪƣƣ"ƣƣ Af>6?]b[ ơƦ ƣƦƬ"ƣƣ Afg?FAUhh\Ykg ơƩ ƣƥƨ"ƨƧ ơƥƩ ƣƥƨ"ƨƧ 8fA5F?]b[ ơƩ ƦƥƧ"ƦƬ ơƬƤ ƦƥƧ"ƦƬ Mrs M W Matzner ơƨ ƣƣƣ"ƣƣ A]ggDA?]fVm ơƦ ƣƣƣ"ƣƣ Mr C F May ơƥ ƫƩƥ"ƨƫ A]gg8?]f_ ơƦƩ ƣƫƩ"Ƥƥ ơƥƦƩ ƣƫƩ"Ƥƥ Mr T McCambridge ơƨ ƣƣƣ"ƣƣ AfgG5?]f_aUb ơƧƣ ƣƣƣ"ƣƣ Miss C I McFadzean ơƩ Ʀƨƥ"ƪƫ DfcZ"A:?]f_aUb ơƦ ƬƦƪ"ƫƫ ơƬƦ ƬƦƪ"ƫƫ Mr D McGrath ơƤƣ ƣƨƣ"ƤƧ AfF6?]hW\]b[ ơƤƦƣ ƣƣƣ"ƣƣ ơƤƧƣ ƨƣƣ"ƣƣ Af5AW=`kfU]h\ ơƦ ƫƬƪ"ƤƤ ơƧƥ ƩƧƪ"ƤƤ Af55?b][\h ơƤƣ ƣƣƣ"ƣƣ Mrs I McLean ơƤƩƣ ƣƣƣ"ƣƣ A]ggA5?b][\h ơƥƦ ƥƤƩ"ƥƣ Af<FJAYU_]b ơƧ ƣƣƣ"ƣƣ Afg;65?c\`Yf ơƧƦ ƣƣƣ"ƣƣ Miss P A Melbourn ơƤƬ ƨƥƪ"ƤƧ Mr G Langhorne ơƧƩ ƬƩƩ"ƤƩ Miss J Meldrum ơƤƩƣ ƣƣƣ"ƣƣ Miss E M Langridge ơƨ ƣƣƣ"ƣƣ Mrs S R Melville ơƤƤ ƤƦƥ"ƨƦ Mr D Laughton ơƥƣ ƣƣƣ"ƣƣ Mr G Mercer ơƪ ƨƣƣ"ƣƣ A]gg5>@UkfUbWY ơƥƩ ƣƤƦ"ƦƦ A]ggIAA]`bYf!K\]hY ơƨ ƣƣƣ"ƣƣ Mrs M Leapman ơƦ ƣƫƦ"ƣƧ ơƤƫƤ ƪƬƬ"ƩƤ Mrs B Minton ơƥƦƣ ƥƥƤ"Ƭƨ Mrs B M Leatherland ơƨ ƫƥƩ"ƨƬ Mr A J Mitchell ơƤƫƧ ƬƤƣ"ƥƧ Miss E M Ledger ơƨ Ƥƨƨ"ƨƣ Mrs J Mitchell ơƤƣƣ ƣƣƣ"ƣƣ Mrs E G Lee ơƤƤ ƥƫƬ"ƤƦ Dr R G Mitchell ơƨ ƣƣƣ"ƣƣ Mr G E Leech ơƤƥ Ƥƪƨ"ƨƣ Miss V A D Mitchell ơƥƥ Ʀƣƫ"ƨƬ Mrs M E Leeming ơƦƩƫ ƫƬƩ"ƫƦ ơƨƫƣ ƦƦƥ"Ƥƪ Miss A L Moore ơƬ ƨƧƪ"ƨƪ ơƦƬ ƨƧƪ"ƨƪ Mrs A Lees ơƤƩƫ ƨƣƧ"ƤƦ Mrs J M Mordaunt ơƤƤ ƣƩƤ"ƨƤ Mrs H H C Lenz ơƪ ƪƤƣ"ƨƪ Miss E M Morris ơƧƣ ƧƫƬ"ƨƧ ơƨƦ ƪƤƬ"Ƥƣ Afg5@@Yk]g ơƤƥƩ ƣƩƬ"ƪƤ Af5>Acfh`cW_ ơƤƩ ƬƧƧ"ƣƣ AfG<@Yk]g ơƥƫƨ ƣƣƣ"ƣƣ Mr J M Moss ơƨƨ ƣƣƣ"ƣƣ AfgDA@YkgYb ơƥ ƬƬƬ"ƫƫ Afg?AAcgg ơƥƤ ƣƣƣ"ƣƣ ơƩƤ ƣƣƣ"ƣƣ A]gg5F@]ƂYhh ơƥƥƨ Ʀƪƥ"ƥƦ Afg8AAck` ơƤƨƧ ƪƥƥ"ƣƬ ơƩƣƧ ƪƥƥ"ƣƬ Mr D T Little ơƤƣ ƣƣƣ"ƣƣ Mr R F S Musgrave ơƥƨ ƣƣƣ"ƣƣ ơƥƣƣ ƣƣƣ"ƣƣ Mr S H Lloyd ơƨƨ ƣƣƣ"ƣƣ Mrs B W Nash ơƨƣ ƣƣƣ"ƣƣ Miss M J A Lloyd-Davies ơƩ Ʃƥƫ"ƧƧ ơƤƥ Ʃƥƫ"ƧƧ Af<FBUh_]Y` ơƥƨ ƣƣƣ"ƣƣ A]ggGA@cW_ ơƤƣƥ ƪƤƥ"ƤƦ Afg8BYkYm ơƫ ƬƦƦ"ƫƣ ơƥƫ Ƭƨƣ"ƫƣ Af>@@cW_kccX ơƧƦƨ ƦƨƧ"ƬƬ Afg9ABYkaUb ơƤƣƬ Ʀƥƨ"ƫƥ Af57@cb[ghUŶ ơƤƣ ƣƣƣ"ƣƣ Mr I E Nicholas ơƤƧƧ ƣƣƣ"ƣƣ Mrs G M Loveday ơƩ ƨƧƧ"ƥƣ A]gg5DB]W_Y`g ơƬƫ ƦƦƫ"ƣƧ ơƤƬƫ ƦƦƫ"ƣƧ Mr E J Lovegrove ơƨ ƣƣƣ"ƣƣ Dr P E O'Connell ơƤƨ ƣƣƣ"ƣƣ Af>5@ckfm ơƬƬ ƤƧƥ"ƥƩ Mr C O'Neil ơƤƩƬ ƫƤƨ"ƨƥ ơƤ ƤƩƬ ƫƤƨ"ƨƥ Miss J Lucas ơƦ Ʀƫƨ"ƬƩ ơƥƦ Ʀƫƨ"ƬƩ Mr J S Oexle ơƪƨƣ ƣƣƣ"ƣƣ A]gg5@@iW_\Ua ơƩ Ʀƪƪ"ƦƦ ơƧƤ Ʀƪƪ"ƦƦ Mr M D Oldman ơƦƫ ƤƨƩ"ƪƧ ơƩƦ ƤƨƩ"ƪƧ Mr J E H Lunnon ơƧƨ ƬƧƫ"ƫƦ ơƤƥƣ ƬƧƫ"ƫƦ A]gg;KC``]ŶY ơƥƥƣ ƣƬƤ"ƩƧ ơƥƧƣ ƣƬƤ"ƩƧ A]gg9AUW_]bhcg\ ơƬ ƪƩƤ"ƨƨ ơƩƣ Ʀƣƪ"ƪƨ Mrs E D L Osgood ơƬ ƤƤƥ"ƪƦ ơƤƦƣ ƩƩƣ"ƫƦ Af>:AUW_bYgg ơƫ ƧƥƦ"ƫƨ ơƬƨ ƨƫƥ"ƥƣ A]ggA9CgkU`X ơƧ Ʃƨƫ"ƫƬ AfgDNA>AUW@Ui[\`]b ơƦƤ ƩƦƦ"ƪƩ ơƤƩƩ ƩƦƦ"ƪƩ Miss Y G M Oudraad ơƪƫ ƪƬƤ"Ƨƪ ơƫƣ ƪƬƨ"ƥƥ

National Trust Annual Report 2014/15 Year on record 83 Legacies Wcbh]biYX

Miss S M Palmer ơƬƦ ƫƫƩ"ƨƬ Afg?9Fc[Yfg ơƬƥ ƤƩƩ"ƧƬ AfgA5DUfžhh ơƤƥƬ ƩƩƥ"ƨƦ Af7Fcc_Y ơƤƣ ƣƣƣ"ƣƣ Af8@DUf_Yf ơƥ ƫƧƬ Ƭƨƫ"ƣƣ Mr D Rose ơƨ ƣƣƣ"ƣƣ A]gg6>DUf_]b ơƦƣ ƥƧƨ"ƣƦ Mr W D Ross ơƫƧ ƣƣƣ"ƣƣ ơƦƤƪ ƪƣƣ"ƣƣ Mr E A Parsons ơƤƥ ƦƤƫ"ƥƦ ơƥƣƤ ƬƨƬ"ƬƬ Af8HFckY ơƥƤ Ʀƣƥ"ƧƧ Mr M Paul ơƦƣƫ ƧƤƨ"ƣƤ ơƦƤƣ ƫƥƣ"ƣƤ Af?FckY ơƨ ƣƣƣ"ƣƣ Mrs D G Pearce ơƬƦ Ƥƨƪ"ƦƦ Afg8DFck`UbXgcb ơƥƬƦ Ƥƪƣ"Ƨƣ ơƦƬƦ Ƥƪƣ"Ƨƣ Mr G Pearson ơƦƩ ƣƣƣ"ƣƣ AfK:>Fck`UbXgcb ơƤƬ ƩƪƤ"Ʀƪ Mrs F E Peever ơƧƫ ƬƨƤ"ƣƤ Mr I A Royston ơƥƥ ƨƣƣ"ƣƣ ơƥƨ Ʃƥƨ"ƣƣ Mrs B L Pepper ơƤƨ ƨƣƧ"Ƨƥ A]gg;:FiŶY`g ơƧ ƬƨƩ"ƦƧ Miss J H A Perham ơƧ ƬƤƨ"ƫƣ ơƧƣ ƥƣƧ"ƥƤ Lt Col J E N Ryan ơƦƥ ƣƧƫ"ƦƧ ơƩƧƤ Ʀƨƪ"ƥƩ A]ggA6DDYf_]bg ơƫ Ƨƨƣ"ƩƤ Miss B E Sabey ơƤƣƤ ƣƣƣ"ƣƣ ơƥƧƤ ƣƣƣ"ƣƣ Mrs M B Perry ơƫƣ ƣƣƣ"ƣƣ ơƥƪƣ ƣƣƣ"ƣƣ Mrs V L M Sale ơƤƣƩ ƧƦƧ"Ƨƪ ơƩƨƩ ƧƦƧ"Ƨƪ Mr J Phillips ơƥ ƨƣƣ"ƣƣ Miss M G Samson ơƤƧ ƧƬƬ"ƣƫ Af5KD]W_UfX ơƥƦ ƬƧƧ"Ʀƨ A]gg9GUb_Ym ơƥƤ ƥƪƦ"Ʃƨ Miss E M Piercy ơƬ ƥƥƥ"ƣƦ ơƤƫ ƥƥƥ"ƣƦ Mr E A Satchell ơƫƫ ƣƣƩ"Ʀƪ Miss E M Pirrie ơƨƦ ƨƬƥ"Ʀƨ Afg9;GUk ơƤƣƣ ƨƥƬ"ƧƧ Miss B R Pitts ơƦƣƦ ƥƧƩ"ƬƬ Mr N Scanes ơƦ ƪƫƬ"Ƭƫ ơƤƥ ƪƦƦ"ƥƨ Mrs M Plant ơƥƦƨ ƪƤƧ"ƥƬ A]gg8GW\cžY`X ơƤƪ ƨƣƨ"ƧƤ A]gg@AD`ckaUb ơƤƤƦ ƣƣƣ"ƣƣ Mrs P B Schorr ơƨ ƣƣƣ"ƣƣ Mr D Poole ơƩ ƤƩƨ"ƨƪ ơƪ ƧƤƨ"ƨƪ Miss H M Schroder ơƨ ƣƤƣ"ƫƧ ơƪƣ ƣƤƣ"ƫƧ Mrs M Poole ơƤƣ ƫƣƨ"ƫƫ ơƤƨ ƫƣƨ"ƫƫ Mrs B Scott ơƤƩ ƣƣƣ"ƣƣ ơƪƩ ƣƣƣ"ƣƣ Miss M A Pope ơƨƤ ƧƬƤ"ƧƩ Mrs M Scott ơƥƥ ƬƫƩ"ƥƦ ơƤƤƧ Ƭƨƥ"ƨƦ Mr H I Porter ơƤƥ ƨƣƣ"ƣƣ ơƤƦ ƣƣƣ"ƣƣ Af6GY`kmb ơƥ Ʃƫƨ"ƣƣ Afg>DckY`` ơƤƣ ƣƣƣ"ƣƣ Mr P W Setten ơƨ ƩƤƩ"Ƨƣ ơƪ ƩƦƩ"ƧƧ Af>7KDckYf ơƩ Ʀƨƣ"ƫƧ ơƨƫ ƩƧƫ"ƧƧ Miss J Shane ơƤƥ ƣƪƪ"ƥƦ Mr B T Pratt ơƤƩ ƣƣƣ"ƣƣ Dr O P Sharp ơƥƫ ƨƫƫ"ƪƫ Mrs C Price ơƦƣ ƣƣƣ"ƣƣ ơƤƦƣ ƣƣƣ"ƣƣ A]gg=<GG\Uk ơƤƣ ƣƣƣ"ƣƣ Miss I M Price ơƨƫ ƤƤƩ"ƦƤ Afg>7G\Uk ơƥƧ ƣƣƣ"ƣƣ A]gg?9Df]WY ơƦƨƣ ƣƣƣ"ƣƣ Afg?AG\Uk ơƧƫ ƣƣƣ"ƣƣ Mrs P D J Price ơƤƧ ƤƥƬ"ƫƤ ơƦƩ ƩƥƬ"ƫƤ A]gg6G\YUfXckb ơƥƦ ƫƩƧ"ƫƧ Miss S Price ơƥƥƣ ƫƩƦ"Ƨƨ ơƥƨƣ ƫƩƦ"Ƨƨ Mr P E Sheppard ơƥƥ ƬƣƧ"ƣƣ Miss F O L Primrose ơƥƨ ƣƣƣ"ƣƣ Mr J Shepperson ơƥƨ ƣƣƣ"ƣƣ Mr J E Prince ơƥ ƨƣƣ"ƣƣ Mr C Short ơƨƤ ƥƦƦ"ƣƫ Mrs S M Pugh ơƥ ƨƣƣ"ƣƣ Miss M Shrimpton ơƩƣ ƣƣƣ"ƣƣ Miss C Pyle ơƤƣƧ ƨƥƨ"ƦƤ Miss J B Shurmer MBE ơƨ ƨƨƩ"ƪƬ A]gg=AFFUXW`]ŶY ơƩ ƪƨƣ"ƣƣ Mr D W Simpson ơƩƦ ƤƤƫ"ƣƨ Mrs N E Radford ơƤƣ ƪƩƧ"Ƨƣ ơƤƩƥ ƪƩƧ"Ƨƣ Mr C M Sivyer ơƤƣ ƣƣƣ"ƣƣ Miss S Raval ơƤƨ ƣƣƣ"ƣƣ Af>?G_Y`Xcb ơƥƥƪ Ƭƫƣ"ƩƧ A]gg?A9FUk`]bgcb ơƤƨ ƦƩƣ"ƣƣ 8f?<G`UhhYf ơƧƣ ƣƣƣ"ƣƣ Mr C T Ray ơƥƣ ƣƣƣ"ƣƣ Mr A G Smith ơƤƩƦ ƧƬƪ"ƣƪ ơƥƫƫ ƧƬƪ"ƣƪ Miss M V Rayner ơƤƤ ƧƩƧ"ƪƥ Mr B Smith ơƧƨ Ʃƨƨ"ƬƤ Mr G E Read ơƩ ƣƣƦ"ƬƬ ơƧƨƩ ƣƣƦ"ƬƬ Miss C J Smith ơƩ ƦƩƫ"ƤƩ Miss G M Read ơƤƣ ƩƩƩ"Ƥƥ Mrs E M Smith ơƥƨ ƣƣƣ"ƣƣ Mr A J Reid ơƫƬ ƦƩƫ"Ƨƫ ơƤƧƤ ƦƧƬ"ƬƬ Mr G H Smith ơƦ ƣƣƣ"ƣƣ Mrs N Rice ơƪƩ ƤƫƧ"ƫƫ Mrs J M M Smith ơƥƬƩ ƩƧƣ"ƥƦ Mrs F M Richards ơƪƪ ƫƪƨ"ƣƦ ơƤƤƬ ƧƬƬ"ƨƨ Mr J R Smith ơƦƣ ƧƤƣ"ƩƤ ơƧƤ ƨƨƧ"Ƥƣ Mrs J M Richardson ơƨƫ ƬƦƫ"ƫƤ ơƧƨƫ ƬƦƫ"ƫƤ Mrs N W Smith ơƬƣ ƫƧƪ"ƬƧ Mrs H M Richmond ơƨ ƣƣƣ"ƣƣ Mr W R Smith ơƦ ƫƫƪ"Ƨƫ ơƩƨƦ ƫƫƪ"Ƨƫ Af?:F]X`Ym ơƨƣ ƣƣƣ"ƣƣ Mr D R Snart ơƤƣƣ ƣƣƣ"ƣƣ Miss D F Roberson ơƥƧ ƨƫƦ"ƣƧ Mrs E A Southgate ơƤƫƪ ƣƬƣ"ƫƣ Mr D H Roberts ơƨ ƣƣƣ"ƣƣ Mr F A Sparshott ơƤƦƤ ƥƥƤ"ƬƦ Mrs S V Roberts ơƥƤ ƫƩƣ"Ʀƪ ơƤƪƤ ƫƩƣ"Ʀƪ Mrs P Spence ơƥƨ ƣƣƣ"ƣƣ Mr J C Robinson ơƦƤ ƧƧƫ"ƤƬ Mr D Staite ơƦƥ ƬƨƧ"ƦƬ Mr J Roburn ơƤƣ ƣƣƣ"ƣƣ Miss A C E Staniforth ơƦƥ ƦƩƩ"ƣƪ

84 Year on record Legacies Wcbh]biYX

Af?BGhUb`Ym ơƩƪ ƨƣƣ"ƣƣ Mr A E Ward ơƬ ƥƤƬ"Ƭƪ ơƩƩƬ ƥƪƧ"ƦƩ Mr C A Steel ơƩ ƥƪƤ"ƨƥ ơƩ ƪƪƤ"ƨƥ Miss E M Ward ơƤƦƣ ƣƣƣ"ƣƣ Mrs M B Stephens ơƬ ƬƬƧ"ƣƣ Mrs J S Ward ơƧƪ ƨƣƣ"ƣƣ Mrs J Stevens ơƦƣ ƫƥƣ"ƥƩ A]gg?5KUfX ơƤƣ ƨƣƣ"ƣƣ AfA>Gh]`kY`` ơƤƪƨ ƣƣƣ"ƣƣ Miss J E Waters ơƤƪ ƣƦƣ"Ƨƨ Miss D J Stirland ơƤƫ ƬƪƦ"ƪƪ Af8>KUh_]bg ơƨƣ ƣƥƬ"Ƥƪ Mrs A L Stone ơƥƧ ƫƥƨ"ƫƬ ơƥƧƬ ƫƥƨ"ƫƬ Miss V B Watson ơƥ ƪƣƣ"Ʀƪ ơƤƩ ƬƫƩ"ƣƬ A]ggDAGhckYf ơƤƪ ƩƬƦ"Ƭƣ Miss M C Watt ơƧƥ ƫƨƦ"ƥƥ ơƨƫ ƫƨƦ"ƥƥ A]ggG?GhfYXk]W_ ơƦƬ ƣƩƧ"ƬƩ ơƩƪ Ƥƨƥ"Ʃƥ Mr W H Watt ơƨƩ ƣƣƣ"ƣƣ AfgGAGhfYY_ ơƦƣ ƣƣƣ"ƣƣ Mrs M Webb ơƬ ƧƤƫ"ƥƩ ơƬƫ ƩƦƦ"ƩƩ Mrs M Street ơƨ ƣƣƣ"ƣƣ Mrs J Webster ơƨƣƣ ƣƣƣ"ƣƣ Mr A H Stroud ơƤƣ ƣƣƣ"ƣƣ Mr A Wells ơƨ ƣƣƣ"ƣƣ Mrs G B Sturgess ơƨ ƣƣƣ"ƣƣ Mr D J R Whaley ơƧ ƣƣƣ"ƣƣ A]ggA5GiŹY`X ơƫ ƦƦƦ"ƦƦ Mr S G Wheeldon ơƥƤ ƧƫƧ"ƦƬ Mr P M A Sutton ơƦƨƨ ƦƥƩ"Ƭƫ Miss B J White ơƨ ƥƣƩ"ƫƩ Af5KGkU]bY ơƧƧ ƥƦƩ"ƫƤ Mr J Whitehead ơƤƨ ƣƣƣ"ƣƣ AfGKGkUbb ơƤƣƣ ƣƣƣ"ƣƣ Afg=8K\]hžY`X ơƫƧ ƪƩƥ"ƫƬ AfgFGkUfVf]W_ ơƤƪƣ ƣƣƣ"ƣƣ Miss O M Whyte ơƪƧ ƬƬƫ"Ʀƪ Mr D A Tait ơƧƥ ƣƣƣ"ƣƣ A]gg55K]YbY_Y ơƤƥ Ƨƨƫ"ƨƬ Miss V B Tait ơƤƣ ƣƣƣ"ƣƣ Mr A L Williams ơƤƧ ƬƧƥ"ƨƤ ơƫƥ ƣƦƦ"ƪƩ Mrs A Taylor ơƦƨ ƫƨƪ"ƥƪ Mrs C E Williams ơƤƤ ƧƩƪ"ƤƧ ơƤ ƩƧƫ ƫƦƦ"ƬƬ Mrs B A Taylor ơƧƨ ƬƬƪ"ƬƤ Mrs D B Williams ơƨƣ ƬƣƬ"ƨƣ Miss G Taylor ơƤƨ ƣƤƥ"ƨƣ ơƤƬ ƣƤƥ"ƨƣ Mr P M Williams ơƨ ƣƣƣ"ƣƣ Miss J A Taylor ơƤƣ ƣƪƦ"Ƥƨ Mr T J Williams ơƥƬ ƨƨƩ"ƫƣ Miss L M Taylor ơƧƫ ƦƦƪ"Ʃƣ ơƨƬƫ ƦƦƪ"Ʃƣ Mrs J E Wills ơƤƧ ƦƧƪ"ƥƧ Miss W Taylor ơƤƨƣ ƣƣƣ"ƣƣ Miss C Wilson ơƤƣ ƣƣƣ"ƣƣ ơƥƦ ƦƧƦ"ƨƨ A]gg>6HYU_`Y ơƧƦ ƥƤƨ"ƦƧ ơƨƦ ƥƤƨ"ƦƧ Mrs J Wilson ơƤƤ ƥƬƤ"ƦƬ ơƨƤ ƥƬƤ"ƦƬ Afg8AH\UW_Yf ơƦ ƣƣƣ"ƣƣ Mrs M W Wing ơƬƤ ƦƧƩ"ƨƨ Mr B M Thomas ơƪƨ ƨƦƣ"ƦƧ AfgA6K]bfck ơƤƣƣ ƣƣƣ"ƣƣ 7Udh?DH\caUg ơƤƣƣ ƣƣƣ"ƣƣ Mrs F Wise ơƨ ƣƣƣ"ƣƣ Mrs M E Thomas ơƦƥ ƥƥƦ"ƥƧ Miss D L Wiseman ơƤƧƤ ƩƩƨ"ƨƫ Mr W E L Thomas ơƦƩ Ƨƨƪ"Ʀƪ Mrs I N Wolstenholme ơƨ ƣƣƣ"ƣƣ Mr G B Thompson ơƫƣ ƨƨƣ"ƥƩ ơƤƥƬ Ʃƣƨ"ƩƤ Mrs B E Wood ơƦ ƥƩƦ"ƨƬ ơƦƨ ƥƩƦ"ƨƬ Miss J Thorogood ơƪƧ ƣƩƨ"ƧƤ AfD@KccXžY`X ơƨƧ ƫƣƥ"ƥƦ Af>H]W_`Y ơƥƧƣ ƣƣƣ"ƣƣ Mr J M Woods ơƤƣ ƣƣƣ"ƣƣ Mrs M Todd ơƥƤ ƤƨƧ"Ʃƨ ơƨƬ ƤƨƧ"Ʃƨ Miss P R Woollard ơƨ ƣƣƣ"ƣƣ Af8HHckbgYbX ơƤƥ ƫƧƥ"ƤƤ ơƤƨƩ Ƥƪƨ"ƧƧ Af?KKcc``Ym ơƧƩ ƣƬƩ"ƣƦ Miss M L Trahair ơƨ ƥƥƦ"ƣƣ ơƦƥ ƪƬƧ"ƧƦ Miss B A Wright ơƤƨ ƣƣƣ"ƣƣ Miss D E Troughton ơƥƨ ƣƣƣ"ƣƣ Miss E G Wright ơƩƩƣ ƣƣƣ"ƣƣ AfBJHfiYžhh ơƨ ƣƣƣ"ƣƣ Mr G E H Wright ơƦƬƣ Ƭƥƨ"ƣƨ I\`aUb ơƥƣ ƣƣƣ"ƣƣ ơƫƥ ƣƣƣ"ƣƣ Miss J M Wright ơƤƣ ƧƥƬ"ƣƣ ơƫƨ ƧƥƬ"ƣƣ AfDAIbXYf\]`` ơƥƣ ƣƨƣ"Ƭƨ Mr R J S Wright ơƤƣ ƣƣƣ"ƣƣ AfD>Id\]`` ơƨ ƣƣƣ"ƣƣ Mr J G Wyatt ơƤƣ ƣƣƣ"ƣƣ Mr D G Valentine ơƩƣ ƨƥƦ"ƨƥ Mr M J Wyatt ơƦƫ ƣƣƣ"ƣƣ Mr M D Verity ơƥƨƣ ƣƣƣ"ƣƣ A]gg8MY``ck ơƨ ƣƣƣ"ƣƣ Mr G V Vicary ơƧƫ ƪƣƣ"ƣƣ ơƧƫ ƫƣƣ"ƣƣ Mrs R E Youll ơƫƣ ƤƣƩ"ƬƩ Mr H T Viner ơƥƣ ƣƣƣ"ƣƣ Af;AIMcib[ ơƨ ƣƣƣ"ƣƣ Mrs C Virgoe ơƨ ƣƣƤ"ƦƤ Mr G W Young ơƥƣ ƥƪƥ"Ƨƫ ơƦƤ ƣƨƦ"Ʀƣ A]ggAJck`Yg ơƤƩ ƫƩƣ"ƤƬ Miss S C Young ơƫƫƣ ƫƤƧ"Ƨƨ Mrs E F Waddell ơƥƪ ƧƧƫ"ƥƥ ơƤƥƪ ƧƧƫ"ƥƥ Dr S E J Young ơƧƣ ƨƫƦ"ƤƦ Mrs J M Waites ơƥƣ ƣƣƣ"ƣƣ Anonymous ơƦ Ʃƪƪ"ƪƧ ơƩƩƧ ƧƨƤ"ƤƧ Af6<KU`_Yf ơƧ ƨƤƣ"ƥƤ Anonymous ơƩƣ ƫƨƩ"ƣƣ ơƨ ƦƫƤ Ʀƥƨ"Ƨƪ Mrs D D Walmsley ơƤƦ ƨƫƤ"ƣƦ ơƧƤƦ ƨƫƤ"ƣƦ Mrs P Walton ơƤƪƦ ƨƫƦ"ƣƨ Mr M E Wandless ơƥƣ ƪƨƨ"ƣƣ

National Trust Annual Report 2014/15 Year on record 85 Legacies Wcbh]biYX

—&!%%%¹—'!)..

Afg>A5``WcW_ ơƤ ƣƣƣ"ƣƣ Mr N J de Orfe ơƥ ƣƣƣ"ƣƣ Mr H B Ambrose ơƤ ƣƣƣ"ƣƣ Mr J R Dean ơƤ ƣƣƣ"ƣƣ Mr D C Arbon MBE ơƥ ƣƣƣ"ƣƣ Mr D J Dodd ơƤ ƣƣƣ"ƣƣ Af>85ffck ơƤ ƣƣƣ"ƣƣ AfgAG8iŹb[ ơƤ ƣƣƣ"ƣƣ Af5;5h_]bg ơƤ ƣƣƣ"ƣƣ Miss N L Eden ơƥ ƦƪƬ"ƥƣ Mrs R Bacon ơƤ ƬƩƩ"ƨƥ Mrs E Emery ơƤ ƤƧƧ"ƨƥ Af9>J6UƂY ơƤ ƣƣƣ"ƣƣ Mr D G Fade ơƥ ƣƣƣ"ƣƣ Mr D C Bailey ơƤ ƣƣƣ"ƣƣ Miss L B P Featherstone ơƤ ƣƣƣ"ƣƣ Afg68<6U_Yf ơƤ ƨƣƣ"ƣƣ Mrs C W Feltham ơƤ ƣƣƣ"ƣƣ AfF56U_Yf ơƤ ƥƫƤ"Ƭƨ Mr D G J Feltham ơƤ ƣƣƣ"ƣƣ A]ggA56U`XcW_ ơƤ ƣƣƣ"ƣƣ Mrs M Frith ơƤ ƣƣƣ"ƣƣ Mrs E Bambridge ơƤ ƤƤƥ"ƣƨ Mrs V M Garrett ơƤ ƪƧƤ"Ƥƥ Mrs S J Banton ơƤ ƣƣƣ"ƣƣ Miss D A Garton MBE ơƤ ƣƣƣ"ƣƣ A]gg>96Uf`ck ơƤ ƣƣƣ"ƣƣ Afg5;;]ŶcfX ơƤ ƣƣƣ"ƣƣ Mrs J Barter ơƤ ƣƣƣ"ƣƣ Mr C H G Gilbert ơƤ ƣƣƣ"ƣƣ Prof B A Barton ơƤ ƣƣƣ"ƣƣ Afg?DA;]`VYfh ơƤ ƣƣƣ"ƣƣ Mr D E Barton ơƤ ƣƧƦ"ƪƧ Mr R C Gillson ơƤ ƣƣƣ"ƣƣ Miss M G Bates ơƤ ƧƩƬ"ƫƪ Mrs J M Glibbery ơƤ ƣƣƣ"ƣƣ Mrs M R M Baxter ơƥ ƣƣƣ"ƣƣ Mr D Goodall ơƤ ƥƩƫ"Ƥƥ Mrs M N A Bayliss ơƤ ƤƤƤ"ƤƤ Mr W E Gould ơƥ ƣƣƣ"ƣƣ Mr J F Bell ơƤ ƩƤƪ"ƫƥ Mr B G Green ơƤ Ƭƣƫ"Ƥƨ Mr J M Berry ơƤ ƣƣƣ"ƣƣ Mrs D Y Green ơƥ ƣƣƣ"ƣƣ Mr P R Bethell ơƤ ƣƣƣ"ƣƣ Mr J R N Greer ơƥ ƥƪƩ"ƦƤ Mrs M W Bevan ơƤ ƣƣƣ"ƣƣ 8f>5;f]Źh\g ơƤ ƣƣƣ"ƣƣ Dr R O Bishop ơƤ ƣƣƣ"ƣƣ AfgI;i``Yhh ơƤ Ʃƫƣ"ƧƧ Miss J M Bissett ơƤ ƣƣƣ"ƣƣ Miss E J Habgood ơƥ ƣƣƣ"ƣƣ AfgB6`UW_kY`` ơƥ Ƥƣƪ"ƣƦ Miss Q E Hall ơƤ ƣƣƣ"ƣƣ Mr R J Bogue ơƤ ƣƣƣ"ƣƣ Mrs I Harmer ơƤ ƣƣƣ"ƣƣ Mrs I W Boon ơƤ ƣƣƣ"ƣƣ Mr R E Harris ơƤ ƬƫƩ"ƬƧ AfgGA6ck`Yf ơƤ ƣƣƣ"ƣƣ Mr J Harrison ơƤ ƣƣƣ"ƣƣ A]gg?:6fUm`Ym ơƤ ƣƣƣ"ƣƣ Mr S N Hart ơƤ ƨƣƣ"ƣƣ Af;56f]Ƃg ơƤ ƣƣƣ"ƣƣ Mrs V A Hart ơƤ ƣƣƣ"ƣƣ Mr C J Bromage ơƥ ƣƣƣ"ƣƣ Miss J R Haslam ơƤ ƣƣƣ"ƣƣ Af;56fckb ơƤ ƣƣƣ"ƣƣ Mr P J Hatton ơƤ ƣƣƣ"ƣƣ Afg>6fckb ơƤ ƣƣƣ"ƣƣ Af8G:=`]Ŷ ơƥ ƣƣƣ"ƣƣ A]gg?A7cc_ ơƤ ƣƫƣ"ƣƣ A]gg65>UƂYfg ơƥ ƣƣƣ"ƣƣ Mrs I N Cooper ơƤ ƣƣƣ"ƣƣ A]gg9A>UeiYg ơƤ ƣƣƣ"ƣƣ AfgA;7ck`]b[ ơƤ ƨƪƪ"Ʃƫ AfB7>UeiYg ơƤ ƣƣƣ"ƣƣ Mrs L B Cox ơƥ ƣƣƣ"ƣƣ Afg7A>YŶYf]Yg ơƥ ƥƬƤ"ƪƨ AfgI677fcb]b ơƤ ƣƪƫ"Ƨƨ Af<>Yb_]bg ơƤ ƣƣƣ"ƣƣ AfgA57fcc_g ơƤ ƩƩƩ"ƣƤ AfgB>Yb_]bg ơƤ ƣƣƣ"ƣƣ Mrs V Cruse ơƤ ƣƣƣ"ƣƣ Mr J W Jessop ơƤ ƣƥƨ"ƥƥ AfFJ8Ukgcb ơƥ ƣƣƣ"ƣƣ Miss J M Johnson ơƤ ƨƪƣ"ƣƣ

86 Year on record Legacies Wcbh]biYX

Miss N A M Jonas ơƤ ƣƣƣ"ƣƣ Mrs H L Sills ơƤ ƣƣƣ"ƣƣ Afg?>cbYg ơƤ ƫƦƣ"ƥƧ Dr O H Simms ơƤ ƣƣƣ"ƣƣ Mrs M Jones ơƥ ƣƣƣ"ƣƣ Afg8AG`Uf_ ơƥ ƣƣƣ"ƣƣ Mrs S H Jones ơƤ ƣƣƣ"ƣƣ Mrs H E Slaughter ơƤ ƣƣƣ"ƣƣ AfF6?UiZaUbb ơƤ ƫƩƪ"ƣƤ Miss E Smith ơƤ ƣƣƣ"ƣƣ AfKF?YY`Ub ơƤ ƣƣƣ"ƣƣ Mrs E P E Smith ơƥ ƣƣƣ"ƣƣ Afg6A?YY`Ym ơƤ ƣƣƣ"ƣƣ Mr R A Smith ơƥ ƣƤƤ"ƤƧ A]ggK9?]fVm ơƤ ƣƣƣ"ƣƣ Af<GckYfVm ơƤ ƨƣƣ"ƣƣ A]gg<?]f_ ơƥ ƧƬƥ"Ƥƣ Miss E M Starling ơƤ ƬƪƦ"ƨƫ Afg?>@UadUfX ơƤ ƨƣƣ"ƣƣ Afg79GhYkUfhgcb ơƥ ƣƣƣ"ƣƣ Mrs J C Laslett ơƤ ƣƥƣ"ƨƦ Mr O V Stobart ơƤ ƣƣƣ"ƣƣ Mrs J M Lloyd ơƤ ƣƣƣ"ƣƣ Mrs S M M Sumner ơƤ ƣƣƣ"ƣƣ Ms A J Mangold ơƤ ƣƣƣ"ƣƣ 8f>?GkUbghcb ơƥ ƣƣƣ"ƣƣ Miss J M Manison ơƤ ƣƣƣ"ƣƣ Afg9>HUƂ ơƤ ƣƣƣ"ƣƣ Mrs J N Marshall ơƤ ƣƣƣ"ƣƣ Mrs J D M Tandy ơƤ ƣƣƣ"ƣƣ Mrs P I Mathers ơƥ ƣƣƣ"ƣƣ Afg=?HUm`cf ơƤ ƣƣƣ"ƣƣ DfcZ;JHAUhh\Ykg ơƤ ƣƣƣ"ƣƣ Mr V J Taylor ơƤ ƣƣƣ"ƣƣ AfD<AUhh\Ykg ơƤ ƣƣƣ"ƣƣ Mr T M Telford ơƤ ƣƣƣ"ƣƣ Miss S B McCalla ơƥ ƣƣƣ"ƣƣ Mr W Temple ơƤ ƣƣƣ"ƣƣ Mrs S H Miller ơƤ ƣƣƣ"ƣƣ Afg?AH\UW_fUm ơƤ ƣƣƣ"ƣƣ AU^cf>FAccb ơƤ ƣƣƣ"ƣƣ Afg9>H\Y`kY``!Ga]h\ ơƤ ƣƣƣ"ƣƣ Mrs M Morris ơƥ ƣƣƣ"ƣƣ Mrs D M Thompson ơƤ ƣƣƣ"ƣƣ Mr E Mountain ơƤ ƣƣƣ"ƣƣ Mrs H Tovey ơƥ ƣƣƣ"ƣƣ Af<@AmWcW_ ơƤ ƫƩƦ"ƣƥ Mr J G Trimmer ơƥ ƣƣƣ"ƣƣ Afg;KBYkVYfm ơƤ ƣƣƣ"ƣƣ Miss P J Tytherleigh ơƥ ƦƬƩ"ƣƨ Mr P J Norton ơƥ ƤƤƦ"ƦƤ Afg5>Ihh`Ym ơƤ ƣƣƣ"ƣƣ Af>D?CfdYb ơƥ ƣƣƣ"ƣƣ Mr D Vince ơƤ ƣƣƣ"ƣƣ Mrs I M Osmond ơƤ ƣƣƣ"ƣƣ Miss E M Wadham ơƥ Ƨƣƣ"ƧƧ Afg<ADUW_Yf ơƤ ƣƣƣ"ƣƣ Afg9KU[ghUŶ ơƤ ƣƣƣ"ƣƣ Mr D R S Paine ơƤ ƣƣƣ"ƣƣ Mr B G Waller ơƤ ƣƣƣ"ƣƣ AfgJ5DUf_Yf ơƥ ƣƣƣ"ƣƣ Mrs M P Wallis ơƤ ƣƣƣ"ƣƣ Miss B A Parrott ơƤ ƣƣƣ"ƣƣ Afg?AKUff ơƤ ƣƣƣ"ƣƣ Miss J C Parry ơƤ ƣƣƣ"ƣƣ Lady E A Warren ơƥ ƣƣƣ"ƣƣ Mrs D Pearce ơƤ ƣƣƣ"ƣƣ Mrs S R Warring ơƥ ƣƣƣ"ƣƣ Mrs R D Plumpton ơƤ ƧƤƬ"ƤƤ Mrs I M G Waterman ơƥ ƣƣƣ"ƣƣ Mrs L A Price ơƤ ƨƥƥ"Ʃƫ Mrs A S Waters ơƤ ƣƣƣ"ƣƣ Mrs C M Pye ơƥ ƣƣƣ"ƣƣ AfK;KUh_]bg ơƥ ƣƣƣ"ƣƣ Miss J W Raper ơƤ ƤƤƦ"ƩƧ Mr W H Way ơƤ Ʀƨƪ"ƩƬ Mr J S Reeve ơƤ ƫƪƨ"ƣƣ Af9KYY_`Ym ơƤ Ʃƫƫ"ƩƦ Miss E A Reeves ơƥ Ʀƨƪ"Ƨƨ Miss S Weir ơƤ ƣƣƣ"ƣƣ Miss A B H Rennie ơƤ Ʀƨƣ"Ʃƣ Mr J N T White ơƥ ƣƣƣ"ƣƣ Mr P J Richardson ơƥ ƣƣƣ"ƣƣ Mr E Whitehouse ơƤ ƣƧƩ"ƫƫ Mr G P Riddell ơƥ ƣƣƣ"ƣƣ Mr C F Wildgoose ơƥ ƣƣƣ"ƣƣ Miss N Robinson ơƤ ƣƣƣ"ƣƣ Af5BK]`_Yg ơƥ ƣƣƣ"ƣƣ Miss A P Robotham ơƤ ƣƣƣ"ƣƣ Miss B R Williams ơƤ ƦƧƪ"Ƥƪ Miss H M Rogers ơƤ ƣƣƣ"ƣƣ Mrs C S Wilson ơƥ ƣƣƣ"ƣƣ Mrs D M Ryder ơƥ ƣƣƣ"ƣƣ Mrs D S M Wilson ơƤ ƣƣƣ"ƣƣ Mrs J M Sadler ơƤ ƣƣƣ"ƣƣ Mrs G R Wiltshire ơƥ ƣƣƣ"ƣƣ Mrs M Sargent ơƤ ƣƣƣ"ƣƣ Af8GNcYfg ơƤ ƨƣƣ"ƣƣ Mr P D Seal ơƤ ƣƣƣ"ƣƣ Mrs P J Seale ơƤ ƣƣƣ"ƣƣ KYUfYU`gcjYfm[fUhYZi`Zcf&)'`Y[UW]YgibXYf—% $$$" Mr D J Sharples ơƤ ƣƣƣ"ƣƣ Mr B Sheppard ơƤ ƪƪƧ"Ƥƥ Mrs D W Shorter ơƤ Ʀƨƣ"Ʃƨ

National Trust Annual Report 2014/15 Year on record 87 Properties open at a charge with more than 50,000 visitors in 2014/15.29

Property 2014/15 2013/14 Giant's Causeway 549,066 504,405 Speke Hall 123,714 106,355 Stourhead 405,572 389,294 Nostell Priory 118,193 110,084 Cliveden 404,702 419,788 Kedleston Hall 117,699 119,671 Attingham Park 394,334 371,905 Hinton Ampner 117,230 110,707 Fountains Abbey Estate 373,364 344,113 Lyme Park 117,010 109,360 Polesden Lacey 346,587 310,880 Ham House 114,662 101,827 Dunham Massey 340,929 226,313 Plas Newydd 113,061 92,651 Nymans 323,268 263,388 Coughton Court 111,741 108,841 Carrick-a-Rede 323,188 266,542 Hall, Gardens and Estate 110,871 102,416 Belton House 321,776 305,181 Winkworth Aboretum 110,575 100,335 Anglesey Abbey 316,469 285,709 Avebury 109,988 122,600 Calke Abbey 314,151 270,068 Standen House and Garden 109,756 84,323 St. Michael's Mount 299,360 301,916 Bateman's 109,114 92,567 Mottisfont 286,510 262,244 Hughenden 107,942 95,811 Kingston Lacy 270,099 241,044 Sutton Hoo 104,540 84,697 Gibside 242,490 196,021 Sizergh 103,195 83,652 Corfe Castle 234,671 218,832 Upton House and Gardens 102,631 105,373 Chartwell 233,965 211,835 Hilltop 95,627 102,015 232,277 195,585 Biddulph Grange Garden 95,261 76,906 225,501 220,318 Penrhyn Castle 93,587 89,113 Ickworth 217,024 196,660 Barrington Court 93,505 89,997 Cragside 216,903 201,793 Coleton Fishacre 89,602 81,948 Lanhydrock 212,755 209,761 Castle Drogo 89,493 97,586 Hardwick Hall 212,547 221,578 Greenway 88,786 91,854 Killerton 205,647 187,509 Lindisfarne Castle 88,642 84,942 Wallington 203,426 195,322 Emmetts Garden 86,472 79,741 Bodnant Garden 193,415 176,514 Saltram 85,682 65,062 Baddesley Clinton 191,556 194,222 Glendurgan Garden 85,273 80,474 Dyrham Park 190,906 167,526 Snowshill Manor and Garden 83,647 86,610 Charlecote Park 187,524 168,738 Dudmaston Estate 83,123 70,267 Claremont Landscape Garden 186,694 172,671 Arlington Court 82,997 84,700 The Vyne 181,081 166,111 Buckland Abbey 81,832 79,693 Sissinghurst Castle Garden 180,766 181,768 Little Moreton Hall 80,169 78,169 Bodiam Castle 176,158 159,467 Wray Castle 78,922 71,982 Hidcote 174,689 163,361 Croft Castle and Parkland 78,512 73,347 Quarry Bank 174,280 173,569 Tredegar House 77,661 66,856 Croome 171,952 140,686 Hatchlands 76,997 73,585 Packwood 170,697 95,801 Chedworth Roman Villa 76,880 71,748 Stowe 169,701 147,410 Wightwick Manor 76,029 75,755 Lacock 168,074 153,333 Oxburgh Hall 75,437 79,906 Petworth House and Park 161,341 148,947 Berrington Hall 73,630 66,853 Mount Stewart 157,331 155,114 Gardens 71,569 68,360 Trelissick 157,237 127,507 Osterley Park and House 70,525 62,213 Sudbury Hall 151,133 147,887 Trerice 69,459 68,705 Blickling Estate 151,039 146,256 Rowallane Garden 65,338 53,957 Wimpole Home Farm 149,737 135,892 Nunnington Hall 62,504 59,591 Dunster Castle 149,564 146,630 Lydford Gorge 60,881 60,975 Knightshayes 146,713 120,385 Canons Ashby 57,184 54,738 Cotehele 145,132 136,392 Uppark House and Garden 56,880 52,444 Hanbury Hall and Gardens 140,469 119,881 Clandon Park 56,408 52,661 Scotney Castle 140,243 132,473 Wicken Fen 55,836 50,117 Ightham Mote 135,614 107,483 Lytes Cary Manor 55,788 48,756 Montacute House 135,211 124,896 Trengwainton Garden 54,595 50,626 Wimpole Estate 134,305 157,353 Brockhampton Estate 54,139 47,948 Beningbrough Hall 132,344 127,462 The Needles 53,943 53,954 Erddig 130,349 146,129 A la Ronde 52,789 54,430 Brownsea Island 130,070 122,466 Farne Islands 52,263 52,669 Greys Court 129,678 89,554 The Courts Garden 51,888 45,256 Castle Ward 129,466 135,205 Seaton Delaval Hall 51,352 56,519 Knole 126,941 116,681 Clumber Park 50,846 43,809 Basildon Park 126,466 104,059 Treasurer's House (York) 50,711 44,761 Chirk Castle 126,223 127,009 Tattershall Castle 50,532 43,704 Powis Castle 126,007 112,673

Visits to Wakehurst Place are not included in our reported visitors numbers as they are supported and managed by Royal Botanical Gardens, Kew. Visits to Waddesdon Manor are also not included in our reported visitor numbers as they are supported and independently managed by The Rothschild Foundation. Waddesdon attracted over 360,000 visitors in the 2015/16 year which would place it amongst the Trust’s top 10 visited properties.

National Trust Annual Report 2014/15 Year on record 71 Retirements

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Susan Aust 9Zcc^g=ʩWYZc David Stone 9^hig^Wji^dc8ZcigZ6Yb^c^higVidg Gardener =ZVY

Martin Atkinson Brian Holman John Walton General Manager Gardener-in-Charge Property Manager 9ggYlUbXGiŶc`_9ghiUfm Avebury Farne Islands &+mYUfg &-mYUfg 24 years

Edwin Blunt Moira Hopping Christine Ward LVgYZc Retail Manager Business Support Co-ordinator Birmingham Conurbation Nymans ;fUgaYfYFY[]cbU`CŹWY &-mYUfg 20 years 20 years

Janet Burton Derek Loveless Philip Willcocks =djhZ`ZZe^c\6hh^hiVci Ranger 7j^aY^c\8gV[iheZghdcEajbWZg Belton House DifVYW_9ghUhY Bodmin Estate Yard 20 years 32 years 22 years

Eric Cross

Richard Dean Ann Mitchell Curator Business Support Co-ordinator ;fUgaYfYFY[]cbU`CŹWY Tisbury Hub 30 years 20 years

?ZŶfZm9ʩYYg Brian Muelaner Estate Team Supervisor Forestry Adviser 7`iaVYfDUf_ Heelis 23 years &-mYUfg

Carol Dougherty HhZd]ZcBiaWZffm Administrator General Manager ?]b[ghcb@UWm North Devon 21 years 34 years

?Zcc^[Zf<^Wa^c Denis Scott =djhZ@ZZe^c\6hh^hiVci Building Supervisor (Carpenter/Joiner) Waddesdon Manor Wallington 20 years 22 years

Nicola Grace Adrian Shaw Assistant Director Operations Dredger Master ;cXXUfXgFY[]cbU`CŹWY KYm;cXU`a]b[BUj][Uh]cbg 33 years 22 years

72 Year on record Awards

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National Midlands South West Northern Ireland

2014 Responding to Derbyshire Heritage J]g]h9b[`UbX5kUfXgZcf The Greats Gift Retailer 7`]aUhY7\Ub[YFH77 5kUfXg >iX[YgGdYW]U` Excellence 2014, Small cZh\YMYUf5kUfXg  5kUfX]bh\YcihghUbX]b[ 5kUfXZcfcihghUbX]b[ Visitor Attraction of the Best Museums/Visitor kUhYfUbX\mXfcdckYf interpretation for MYUf¹G]`jYf5kUfXYX Attraction Gift Shop solutions provider ‘Stitches in Time’ to Coleridge Cottage, &$%(¹;c`X5kUfXYX category Yl\]V]h]cb¹

National Trust Annual Report 2014/15 Year on record 73 DW^hiVf^Zg

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Tim Basing David Jackson H]a6Ug]b[X]YXcb&-8YWYaVYf&$%( U[YX)'"H]akUgh\Y=H 8Uj]X>UW_gcbX]YXcb%*AUm&$%( U[YX))"8Uj]XkUgcbYgX]YXcb&)BcjYaVYf&$%( U[YX*,AUfm^c]bYXh\YHfigh GhYjY6]Ƃ]bgX]YXcb&(>i`m&$%( U[YX*%"GhYjYkUgU;UfXYb ]b%--*UbXkUgUWUfYhU_YfUhBUbh@Ug7chhU[Y]bGbckXcb]U KU`Yg" AUbU[YfUh7U`_Y5VVYmUbX\UXkcf_YXZcfh\YBUh]cbU`Hfigh ZcfcjYf'(mYUfg" Nicholas Angell Lane MBE B]W\c`Ug5b[Y``@UbYX]YXcb'%>i`m&$%(U[YX,'"

Aida Bridget Carson Simon Lee 5]XU6f]X[Yh7Ufgcb _bckbUg½6]XXm¾ X]YXcb%(CWhcVYf&$%(" G]acb@YYX]YXcb%-AUm&$%( U[YX)("G]acbkcf_YXZcfh\YHfigh 6]XXmkUgYad`cmYXVmh\YBUh]cbU`HfighZfca%-++hc%--)Uhh\Y Zcf%&mYUfg žfghUgDfcdYfhmAUbU[YfcZ6fckbgYU=g`UbX]b8cfgYh  Bcfh\7cUgh"5ZhYf\YffYh]fYaYbh]b%--)g\YfYhifbYXUgUjc`ibhYYf  UbXh\YbZcfgYjYbmYUfgUg;YbYfU`AUbU[YfcZBmaUbgUbXKU_Y\ifgh kcf_]b[Uh7Uff]W_!U!FYXYZfca%--)ibh]`YUf`m&$%(" D`UWY]bKYghGiggYl"<]g`Y[UWm]ghc`YUjYBmaUbgUgcbYcZh\YHfigh¾g acghj]g]hYXdfcdYfh]Yg" Douglas Dryden 8ci[`Ug8fmXYbX]YXcb&+>ibY&$%( U[YX,)"UbiUfm&$%)"D\]``]dkUgU\c`]XUmWchhU[Y Hfigh]b%-,%"8ci[`UgkUgU[fYUhgiddcfhYfcZh\YHfighUbXg\UfYX WUfYhU_YfUh:`UhZcfX6f]X[Y]bGiŶc`_" \]gdUgg]cbZcf7Ubcbg5g\Vmk]h\ghUŶUbXjc`ibhYYfg"H\Y8fmXYb ZUa]`mUbXh\Y7Ubcbg5g\VmhYUak]``VYd`Ubh]b[h\fYYcU_hfYYg]b Dave Morris h\YdUf_`UbX]baYacfmcZh\Yh\fYYVfch\Yfg DYhYf >c\bUbX8ci[`Ug 8UjYAcff]gX]YXcb&->ibY&$%( U[YX*)"8UjYkUgh\YFUb[Yf 8fmXYb]bUihiab&$%)" Zcf6]W_Yfhcb 6i`_Y`YmUbXUW_UbiUfm&$%) U[YX-%"=b%-*-G]f>UW_ Rev. Jonathan Peel purchased Lundy Island in the Bristol Channel, Devon, and donated it H\YFYj">cbUh\UbDYY`X]YXcb%%8YWYaVYf&$%( U[YX++">cbUh\Ub hch\YBUh]cbU`Hfigh"@ibXm]gWiffYbh`mžbUbWYX UXa]b]ghYfYXUbX kUgU[fYUhgiddcfhYfcZh\YHfighUbXVYhkYYb%-,&UbX&$$&gYfjYX fibVmh\Y@UbXaUf_Hfigh" as Chairman of the East Anglia Regional Committee, Chairman of the Properties Committee, Member of the Executive Committee and of Mary Henry (née Clive) 7cibW]`UbXUg8Ydihm7\U]faUbcZh\YBUh]cbU`Hfigh"ibY&$%( U[YX*$"G\YkUgh\YžZh\UbX h\YBcfZc`_7\ifW\YgHfighUbXkUgW\U]faUbcZh\Y6fcUXg5ih\cf]hm" mcib[Ygh[fUbXW\]`XcZAUf[UfYh:]ZYb‚YFihgcbk\c[UjY Bibb]b[hcb

74 Year on record DW^hiVf^ZgWcbh]biYX

Richard Quin Ted Warden F]W\UfXEi]bX]YXcb%(AUfW\&$%( U[YX)-"F]W\UfXkUgU6i]`X]b[ HYXKUfXYbX]YXcb(AUfW\&$%)"

Lady Mary Soames BVfm!AVYmKZfcZm Lady Mary Soames, the youngest daughter of Sir Winston Churchill, died AUfm @UXmJYfbYmX]YXcb&$:YVfiUfm&$%) U[YX-$"G\YkUgaUff]YX cb'%AUm&$%(U[YX-%"@UXmGcUaYgd`UmYXUd]jchU`fc`YUh7\UfhkY`` hch\Y`UhYG]fFU`d\6fiWYJYfbYmk\c[UjY7`UmXcb

The Royal Oak Foundation

KYkci`X`]_Yhch\Ub_h\YFcmU`CU_:cibXUh]cbZcf]hgWcbh]biYX ?]b[5`ZfYX¾gHckYfUbXh\YD]bYhia"H\YFcmU`CU_:cibXUh]cb UbXg][b]žWUbhgiddcfhcZcifkcf_"H\Ya]gg]cbcZh\YFcmU`CU_ \UgU`gcgiddcfhYXUbiaVYfcZch\Yfdfc^YWhg]bW`iX]b[UaU^cf Foundation is to inspire Americans to learn about, experience and contribution from the Foundation’s Ervin-DesChamps Fund for the giddcfhd`UWYgcZ[fYUh\]ghcf]WUbXbUhifU`g][b]žWUbWY]bh\Y UWei]g]h]cbcZUgh]```]ZYVm7cfbY`]gXY

Rothschild Foundation

We are most grateful to Lord and Lady Rothschild and The Rothschild YjYbhgdfc[fUaaY"H\]g]bW`iXYXUbYlWYdh]cbU`gYWcbXWYbhifm :cibXUh]cbZcfh\Y]fWcbh]biYXUbXYlhfUcfX]bUfm[YbYfcg]hmhckUfXg Roman mosaic from Lod in Israel, a critically acclaimed exhibition KUXXYgXcbAUbcf]b6iW_]b[\Uag\]fY UgkY``Ugh\Y]fWcbgYfjUh]cb cZFciV]``]UW¾gY][\hYYbh\!WYbhifmVighgcZ5`YlUbXYfDcdY 6]h":U``  UbXXYjY`cdaYbhcZh\YaiW\k]XYfKUXXYgXcbZcchdf]bh"=h]gcbY UWcbhYadcfUfmkUhYfUbX`][\h]bghU``Uh]cbVm>i`]igDcdd UbXh\Y cZh\YBUh]cbU`Hfighg¾acghj]g]hYXdfcdYfh]Yg"30J]g]hcfgkYfYUV`Y gYWcbXmYUfcZK]bhYf@][\hUhKUXXYgXcbVmUfh]gh6fiWYAibfc" hcYb^cmbchcb`mh\YYlWY``YbWYcZ]hgib]eiYWc``YWh]cb [UfXYbg  Uj]UfmUbXUfW\]jYVihU`gcUkcbXYfZi``mjUf]YXYl\]V]h]cbUbX

Wolfson Foundation

We are extremely grateful to the Wolfson Foundation for its pledge cZUZifh\Yf—%a]``]cbhckUfXgcif^c]bhdfc[fUaaYZcfWcbgYfjUh]cb" H\YdUfhbYfg\]d\Ug\Y`dYXigibXYfhU_YgcaYcZh\YacghUaV]h]cig WcbgYfjUh]cbdfc^YWhgh\UhkY\UjYYjYfhUW_`YXUbXgiddcfhg\Yf]hU[Y g_]``gXYjY`cdaYbhUbXibXYfghUbX]b[UWfcggh\YgYWhcf"

ǚǗJ]g]hghcKUXXYgXcbAUbcfUfYbch]bW`iXYX]bciffYdcfhYXj]g]hcfbiaVYfgcbdU[Y+%Ug]h]ggiddcfhYXUbXaUbU[YXVmH\YFch\gW\]`X:cibXUh]cb"

National Trust Annual Report 2014/15 Year on record 75 Gifts and donations

>cY^j^YiVag!8]Vf^hVWaZIfighgVcY;ʩicYVh^ʩcg >cY^j^YiVag!—'!*%%"—)!... Sir John and Lady Heathcoat KYkci`X`]_Yhch\Ub_U``cifXcbcfgZcfh\Y]f[YbYfciggiddcfhk\]W\ Ms Patricia Aste Amory Charitable Trust \Y`dgighcdfchYWhh\YkcbXYfZi`d`UWYg]bcifWUfYUbXWcbgYfjYh\Ya AfgDUaY`U6U_Yf The Ada Hillard Charitable Trust ZUf]bhch\YZihifY"KYU`gcfYaU]b[fUhYZi`hch\cgY[YbYfcigXcbcfg AfgG6fckb The John Horseman Trust bch`]ghYX" Mr Nicholas Bull The Houghton Dunn Mr G Burch Charitable Trust AfBY]`UbXAfgB]W_m9W_Yfh The Ironmongers’ Company For Ever, For Everyone Appeal ơƤ Ƨƨƨ ƧƦƨ Mr Brian and Mrs Joan Fleming J J Charitable Trust Neptune Coastline Campaign ơƤ ƥƨƣ Ƥƨƣ B Follett The Jordan Charitable Foundation ?bc`YFYghcfUh]cbDfc^YWh ơƧƩƬ ƣƩƣ A J Fortnam H\Y?Y``Yhh:ibX Neptune Free Funds ơƧƤƬ ƥƣƣ The late Mrs Yvonne Harvey H\Y?]bgifXm7\Uf]hUV`YHfigh Castle Drogo ơƦƨƫ ƤƤƨ AfUbXAfg5bXfYkUaYg?bchhHfigh 8U`Yg;fcid5ddYU`ƥƣƤƧ ơƦƤƪ ƩƥƧ Mr Colin Henderson H\Y@YƂYhh7\Uf]hUV`YHfigh 8mf\UaDUf_FccZ5ddYU` ơƥƫƩ ƤƥƩ AfB]W_iXmAUhh\Ykg The Lidbury Family Trust EiUffm6Ub_FYjc`ih]cbUbXFYjY`Uh]cbDfc^YWh ơƤƫƩ ƨƨƬ AfBcY`DUf_Yf H\YAUW_]bhcg\:cibXUh]cb Mr John Pattisson A]W\UY`AUf_g7\Uf]hUV`YHfigh >cY^j^YiVag!—*!%%% Sir Desmond and Lady Lorimer Mr and Mrs Glyn Samuel The Esme Mitchell Trust Mr and Mrs Trevor Adams 8f:fUbW]g@ckYg Mr and Mrs Anthony Shoults The Monument Trust Mr Richard and Mrs Diana Allan QC Dr Helen Lumley in memory of Af?Y]h\Gcih\Yfb National Gardens Scheme In memory of Wilson Stephenson Dr Philip Lumley Mr R Steinbeis and Ms C Pierard Charitable Trust Croom Leech and Basil Sir Laurie and Lady Magnus Ag5`]gcbGhiW_ The Norman Family Joseph Leech Mr John Marston MBE and 5bXfYkUbX>UbYGihhcb Charitable Trust Mr Justin Anderson Mrs Mette Marston Mr and Mrs Tony Teague The Ofenheim Charitable Trust AfUbXAfgFcVYfh6Uffck Mr and Mrs John McGrath Lady Rosemary Thompson The Oglesby Charitable Trust AfcmWY@caUl6i``cW_ The TreadRight Foundation Mr and Mrs Ernie Fisher Mr John Scott Charitable Trust The David Webster Charitable Trust Af5bXfYk:`YhW\YfC69 AfUbXAfg>U_YG\UZfUb The Gordon Bulmer Charitable Trust John Winder Fund Mr and Mrs Duncan Ford Mr and Mrs Ian Tegner The John Coates Charitable Trust The Wolfson Foundation Mr and Mrs David Freeman Mr John Thomason The Country Houses Foundation H\YF]W\UfXUbX>UWeiY`]bY Mr and Mrs Richard Glanville Miss P Thompson 8fAfg58Uf`]b[hcb  Kcfgk]W_Hfigh Mr and Mrs Richard Godden Miss Susie Thomson Charitable Trust 8fUbXAfg5bXfYk;ci[\]b Mrs Margaret Thornton H\Y8]W_]bgcb7\Uf]hUV`YHfigh memory of Mary Faull Mr and Mrs John Tilney The Society of Dilettanti Mr Stephen Hale Mr and Mrs Allan Wallis Charitable Trust Fund Mr and Mrs Michael Hallett Mr David and Mrs 9ga‚Y:U]fVU]fb:cibXUh]cb Mr and Mrs William Hobhouse Christine Walmsley H\Y:]XY`]hmI?:cibXUh]cb Miss Davina Hodson Mr Philip Whale Fine Family Foundation AfUbXAfg8Uj]X?]``]W_ Mr Peter and Mrs Pat White The Good Gifts Catalogue Miss Sarah Lanham Mr Alan Williams H\Y;ckYfGcW]Yhm Miss Veronica Laurie Roseanne Williams The Walter Guinness Mr Ian Lennox Charitable Trust AfAUhh\YkUbXAfg:fUbW]g H\Y

76 Year on record Gifts and donations Wcbh]biYX

8]Vf^hVWaZIfigh!—'!*%%"—)!... Welsh Government Plantlife :fYXYf]W_KUfbY The Anglesey 2001 Trust WREN Plymouth City Council ;ccX9bYfƄ Arts and Business Northern Ireland GbckXcb]UBUh]cbU`DUf_5ih\cf]hm c\bH\caUg?YbbYXm County Durham Wales Council for Voluntary Action Pru-Health Charitable Foundation Environmental Trust Welcome to our Future RBS Elda Latin Charitable Trust Cumbria County Council Wiltshire Council Rivermill Limited National Association of Decorative Department for Business, Worcestershire County Council Fc``]bgGcbg@cbXcb@]a]hYX  :]bY5fhgGcW]Yh]Yg  =bbcjUh]cbUbXG_]``g Mcf_g\]fY8U`YgA]``Ybb]iaHfigh RSA H\Y>c\bDUf_Yf7\Uf]hUV`YHfigh 8YdUfhaYbhZcfKcf_UbX Sarah Raven H\Y?Uh\`YYbGa]h\:cibXUh]cb  DYbg]cbg8KD 7^\AdiiZgn;jcY

National Trust Annual Report 2014/15 Year on record 77 Supporter groups

IbXYfh\YiaVfY``UcZUWh]jYGiddcfhYf;fcidgUfY. EfʩdZfhm;f^ZcYg

• %+-7YbhfYg5ggcW]Uh]cbg Friends of Ashridge ơƦ ƤƣƩ"ƫƩ • %+7caa]hhYYg :f]YbXgcZ6cc_\Ua7caacbg ơƧ ƣƣƣ"ƣƣ • 21 Friends Groups Friends of Box Hill Association ơƦƤ ƧƬƦ"ƣƣ • 34 National Trust Volunteer Groups :f]YbXgcZ7fccaYDUf_ ơƬ Ƭƨƨ"ƪƤ • %)[fcidgU`][bYXhcUgdYW]žWdfcdYfhm Friends of Godolphin ơƤ ƥƫƬ"ƣƣ :f]YbXgcZCghYf`YmDUf_ ơƨ ƩƧƧ"ƩƩ ơƥƪ ƣƧƫ"ƪƧ H\YgY&**[fcidgXcbUhYXUhchU`cZ%+- '$)\cifgcZh]aY cjYf Friends of Washington Old Hall —**$ $$$]bXcbUh]cbgUbXUb]bYgh]aUV`YUacibhcZgiddcfhhc 8ZchfZgVcY6ggʩX^Vh^ʩcgYʩcVh^c\ơƤ!ƣƣƣVcYʩjZf h\YHfighUWfcggh\YWcibhfm"

Centre or Association Amount H\]ggiddcfhYbUV`Ygighcdfc[fYgg\ibXfYXgcZdfc^YWhg]b 5VYfhUkY7YbhfY ơƤ ƣƣƣ"ƣƣ WcbgYfjUh]cb j]g]hcfYldYf]YbWYUbXWcaaib]hmUWh]j]h]Ygh\Uhkci`X 5]fYXU`YK\UfZYXU`Y5ggcW]Uh]cb ơƩ Ƭƣƣ"ƣƣ ch\Yfk]gYbch\UddYb"GiddcfhYf;fcidgd`UmUfc`Y]bXYjY`cd]b[ Amersham Centre ơƩ ƥƣƣ"ƣƪ dfc^YWhg fU]g]b[ZibXgUbXWUffm]b[cihh\YdfUWh]WU`kcf_hcYbgifY Axe Valley Centre ơƦ ƣƣƣ"ƣƣ j]hU`WcbgYfjUh]cbkcf_]gUWWcad`]g\YX UWWYgg]g]adfcjYXUbXj]g]hcfg Aylesbury Centre ơƦ ƣƣƣ"ƣƣ ibXYfghUbXacfYUVcihk\UhkYXc" 6UbVifm8]ghf]Wh5ggcW]Uh]cb ơƦ ƣƣƣ"ƣƣ Barnet Association ơƧ Ƥƣƣ"ƣƣ Groups help bring people closer to our cause and add value to Bath Centre ơƧ Ƭƥƨ"ƣƣ HfighaYaVYfg\]d"H\YmU``ck`cWU`dYcd`Yhc[Yhhc[Yh\Yfhc`YUfb 6YUWcbgžY`X7YbhfY ơƩ Ƥƨƣ"ƣƣ acfYUVcihcifkcf_ [Yhcih]bh\YZfYg\U]fUbXgiddcfhh\Y]f`cWU` 6YW_Yb\Ua6fca`Ym7YbhfY ơƪ Ʀƣƣ"ƣƣ dfcdYfh]Yg"H\]ggiddcfh]gfYWc[b]gYXh\fci[\cihh\YHfigh Vih Bedford Association ơƦ ƨƣƣ"ƣƣ Belfast Centre ơƤ ƣƣƣ"ƣƣ YgdYW]U``mjU`iYXVmh\YdfcdYfh]Ygk\]W\fYWY]jY]h" Belgium Association ơƦ ƬƬƧ"ƣƣ 6`UW_8ckb<]bX\YUXGiddcfhYfg ơƨ ƧƣƬ"Ƨƣ 5hh\Y\YUfhcZYUW\[fcid]gUhYUacZXYX]WUhYXdYcd`Yk\cUffUb[Y 6`UW_acfYJU`YMYcj]`5ggcW]Uh]cb ơƧ Ƥƣƣ"ƣƣ h\Y[fcid¾gUWh]j]h]YghcYbgifYh\YmUfYkY``aUbU[YXUbXaYaVYfg Bolton Association ơƦ ƥƤƣ"ƣƣ \UjYUgUZYUbXjU`iUV`YYldYf]YbWY"H\YXcbUh]cbcZh\]gh]aY]gkcfh\ 6cifbYacih\Dcc`Y5ggcW]Uh]cb ơƤƣ ƨƧƨ"ƣƣ UbYgh]aUhYXbch]cbU`jU`iYhch\YHfighcZ—%"*a]``]cb" 6f][\hcb

78 Year on record Supporter groups Wcbh]biYX

Eastbourne Association ơƤ ƨƣƣ"ƣƣ DifVYW_5ggcW]Uh]cb ơƧ ƨƣƣ"ƣƣ 9bžY`X5ggcW]Uh]cb ơƩ ƩƩƣ"ƣƣ Raleigh Centre ơƥ Ƭƣƣ"ƣƣ 9dgca 9kY``8]ghf]Wh7YbhfY ơƩ Ƥƪƣ"ƣƣ Reading Centre ơƬ ƩƥƧ"ƣƣ :fcXg\Ua8]ghf]Wh5ggcW]Uh]cb ơƤ ƣƣƣ"ƣƣ Ribble Centre ơƦ ƨƣƣ"ƣƣ ;c`XYb7Ud5ggcW]Uh]cbKYgh8cfgYh ơƧ ƣƣƣ"ƣƣ Richmond Association ơƧ ƬƧƩ"ƣƣ Grantham Association ơƥ ƨƣƣ"ƣƣ FcmghcbGUŶfcbKU`XYb5ggcW]Uh]cb ơƤ ƩƤƨ"ƣƣ ;kYbh5ggcW]Uh]cb ơƤ ƪƨƣ"ƣƣ Rugby Association ơƧ Ʀƣƣ"ƣƣ Haldon Association ơƥ Ʀƣƣ"ƣƣ GU`]gVifmGcih\K]`hg\]fY5ggcW]Uh]cb ơƫ ƣƣƣ"ƣƣ

National Trust Annual Report 2014/15 Year on record 79 Legacies

H\YBUh]cbU`Hfigh]gjYfm[fUhYZi`ZcfVYeiYghgXif]b[h\YmYUfZfca Mr R A Beeden ơƤƧ ƩƧƩ"ƫƤ ơƥƧ ƩƧƩ"ƫƤ h\YYghUhYgcZh\YZc``ck]b[]bX]j]XiU`g"K]h\cihh\]g[YbYfcg]hm]h Miss H P Bennett ơƦƬƧ ƨƨƥ"Ƥƫ kci`XbchVYdcgg]V`YZcfYggYbh]U`WUd]hU`dfc^YWhghcVYibXYfhU_Yb Miss P J Bennett ơƧ ƣƣƣ"ƣƣ UhHfighdfcdYfh]Yg bcfhcZibXh\YdifW\UgYcZbYkdfcdYfh]Yg" Mrs M G Benzie ơƦ ƣƣƣ"ƣƣ Mrs A R Berry ơƨ Ʀƣƣ"ƣƣ :][ifYg]bdUfYbh\YgYgg\ckh\YWiai`Uh]jYhchU`fYWY]jYXhc&, Mr R J N Betts ơƦ ƣƣƣ"ƣƣ :YVfiUfm&$%)k\YfYUacibhg\UjYVYYb]bW`iXYX]bdfYj]cig5bbiU` Mr W J Biddulph ơƧƤ ƥƣƫ"Ʃƣ FYdcfhgcf5WWcibhg" Mrs A M Billingsley ơƤƣ ƣƣƣ"ƣƣ Miss B Bingham ơƦ ƣƣƣ"ƣƣ Af>86`UW_kY`` ơƪƪ ƤƩƩ"ƩƩ —'!*%%VcYʩjZf Afg8D6`U_Y ơƩƬ ƥƦƫ"ƣƦ Af?96`U_Y ơƧƣ ƣƣƣ"ƣƣ Mrs F Adams ơƩ ƣƣƣ"ƣƣ Miss M A Bleything ơƨƬ ƬƥƦ"ƩƦ Mr P I Addison ơƤƤƣ ƣƣƣ"ƣƣ Mrs J A Bolton ơƤƫƦ ƣƣƣ"ƣƣ A]gg7A5żYW_ ơƩ ƫƤƣ"ƫƥ ơƤƣƩ ƪƦƫ"ƣƬ Mrs M A Bonallo ơƩ ƣƣƣ"ƣƣ Miss E Alexander ơƥƣ ƣƣƣ"ƣƣ Mrs R S Bond ơƥƨƣ ƣƣƣ"ƣƣ Mr D M Allan ơƤƫ ƨƩƦ"ƬƦ ơƤƤƫ ƨƩƦ"ƬƦ A]ggFA6cgcakcfh\ ơƨ ƫƤƥ"ƪƧ ơƤƦƨ ƫƤƥ"ƪƧ Miss J M Allen ơƥƥ Ƨƪƫ"ƨƩ Mr G C Bottomley ơƨƩ ƣƦƧ"ƩƬ Mrs A E L Allott ơƨ ƣƣƣ"ƣƣ Mr R H Bottrill ơƪƫ ƪƧƨ"ƥƨ AfA>5``kf][\h ơƫƣƣ ƣƣƣ"ƣƣ ơƤ ƤƣƩ ƫƨƥ"ƥƤ Mr J E Boulding ơƤƨ ƣƣƣ"ƣƣ AfgA?5bXYfgcb ơƬ ƣƫƨ"ƣƣ ơƤƨ ƧƦƨ"ƫƦ A]gg>96ckaYf ơƨ ƣƣƣ"ƣƣ Af8595bXfYkg ơƧƥ ƣƣƬ"ƪƪ ơƤ ƣƬƥ ƣƣƬ"ƪƪ Afg896ckg\Yf ơƦƨ ƣƦƦ"ƪƣ AfG>5bXfYkg ơƥƣ ƣƣƣ"ƣƣ ơƧƣ ƣƣƣ"ƣƣ Afg6;6fUXX]W_ ơƥƩ ƪƣƧ"ƥƩ Miss J Ansell ơƤƣ ƣƣƣ"ƣƣ Ms A Braden ơƦ ƣƣƣ"ƣƣ Mr J V P Anthony ơƨƣ ƣƣƣ"ƣƣ A]gg56fU]h\kU]hY ơƩƥ ƦƤƥ"Ƭƫ ơƤƤƩ ƦƤƥ"Ƭƫ Miss C M Appleby ơƥƣ ƣƣƣ"ƣƣ Afg<A6fUakY`` ơƤƣ ƣƣƫ"ƥƥ Mrs P Y Appleton ơƤƥƣ ƣƬƬ"Ʃƥ Miss M Branton-Williams ơƤƤ ƣƣƣ"ƣƣ Mrs P M Archer ơƨƥ ƣƣƣ"ƣƣ Mr J D Brazier ơƨ ƣƣƣ"ƣƣ Mr G R A Argles ơƥƬ Ƨƣƥ"Ʃƣ Miss D M Bridle ơƪƨ ƣƣƣ"ƣƣ Mr C R D Armistead ơƥ ƨƣƣ"ƣƣ Mr H Brighouse ơƦƪ ƤƦƥ"ƩƩ ơƨƤƬ ƨƩƪ"ƪƣ Mrs N D Arnold ơƥ ƪƦƬ"Ʃƫ ơƤƣƥ ƪƦƬ"Ʃƫ Mr H G Bright ơƨ ƩƫƬ"ƧƧ ơƤƨ ƬƣƧ"ƣƣ Af<5g\kcfh\ ơƤƤƪ ƪƨƫ"ƩƬ A]gg5=6fcc_Y ơƥ ƪƩƬ"ƥƪ ơƬƨ ƫƩƧ"ƥƥ Miss C A Aston ơƩƧ ƣƥƪ"ƬƧ ơƤƩƧ ƣƥƪ"ƬƧ Afg5;6fcc_g ơƥƣƣ ƣƣƣ"ƣƣ DfcZ"A55ghcb ơƫ ƤƤƣ"Ƨƫ Mrs J L Broom ơƤƥƣ ƣƣƣ"ƣƣ A]ggA=5h_]bgcb ơƥƨƣ ƣƣƣ"ƣƣ Afg66fckb ơƧƨ ƪƧƩ"ƦƬ Miss M J Atyeo ơƦƫ Ƨƣƨ"ƨƫ Af7F6fckb ơƫƥ ƨƣƣ"ƣƣ ơƤƦƥ ƨƣƣ"ƣƣ Mr B E D Austin ơƥ ƨƣƣ"ƣƣ Afg86fckb ơƦ ƤƥƧ"ƩƧ ơƥƦ ƤƥƧ"ƩƧ Mr G H Austin ơƤƧ ƧƤƤ"ƪƪ ơƥƨ ƨƧƦ"ƦƬ Afg=6fckb ơƨ ƣƣƣ"ƣƣ Miss L H Aynsley ơƦ ƤƣƬ"Ƥƥ ơƪƤ ƥƥƣ"ƨƣ Mrs N C Brunt ơƤ ƨƫƣ ƣƣƣ"ƣƣ ơƤ ƪƫƣ ƣƣƣ"ƣƣ Mrs H Bailey ơƥƦƬ Ʀƨƪ"ƦƩ Afg96iW_`Ym ơƨ ƣƣƣ"ƣƣ Mrs P M Bailey ơƦƪƣ ƣƣƣ"ƣƣ Miss R M Budd ơƧ ƣƣƣ"ƣƣ Dr S E R Bailey ơƤƥ ƧƦƧ"ƧƩ Mr S G Buer ơƦƥ ƪƫƦ"ƨƨ ơƥƬƥ ƪƫƦ"ƨƨ Mr G R Barber ơƧƨ ƥƥƣ"ƣƣ Mr P C Bullen ơƥƧ ƨƣƣ"ƣƣ Af6:6Uf_g\]fY ơƤƨ ƬƩƪ"ƣƩ AfFC6i``cW_ ơƪƨ ƣƣƣ"ƣƣ Mrs G Barnes ơƩƩ ƣƪƣ"Ʀƣ ơƤƧƤ ƣƪƣ"Ʀƣ Miss N E Bumfrey ơƤƤƧ ƤƦƨ"ƥƩ Miss G M F Barnes ơƤƨ ƣƩƫ"ƧƬ ơƧƨ ƣƩƫ"ƧƬ Mr J B Burman ơƤƬƨ ƦƦƥ"ƪƣ Mr P Barnicott ơƩƬ ƣƣƣ"ƣƣ Af<>6iffckg ơƥƣ ƤƧƧ"ƪƥ Afg8<96Uffck ơƨ ƣƣƣ"ƣƣ Mr J H Bury ơƧƬ ƣƥƧ"ƤƩ AfgDD6Uffck ơƥƣƦ ƤƬƣ"Ƨƥ Miss D E Bushby ơƧ ƣƩƣ"ƩƬ ơƥƣƧ ƦƨƬ"ƨƬ Mr A D Bartram ơƤƨ ƣƣƣ"ƣƣ Mr A J Buss ơƤƦƧ ƬƤƧ"Ƨƣ ơƦƦƧ ƬƤƧ"Ƨƣ Miss M A Bates ơƥƧ Ʀƣƥ"ƨƫ Miss M Byles ơƦƤ ƨƬƫ"ƫƬ ơƪƧ ƣƬƫ"ƫƬ Mr J G Baxter ơƦƬ Ƭƪƣ"Ƥƨ ơƨƫ ƪƪƣ"Ƥƨ Af8F?7U\]`` ơƧƦƪ ƬƣƩ"ƧƤ Afg?A6YW_ ơƥƥƨ ƣƣƣ"ƣƣ Mrs M M Campin ơƧ ƣƣƣ"ƣƣ

80 Year on record Legacies Wcbh]biYX

Dr E Capper ơƥƣ ƣƣƣ"ƣƣ A]gg=;8UkY ơƫ ƨƤƧ"ƣƥ Mrs J R Carter ơƫƪ Ƭƣƥ"ƧƧ Mrs P Day ơƦ ƣƦƦ"Ʃƨ ơƥƫ ƣƦƦ"Ʃƨ Mr R H Cash ơƨ ƣƣƣ"ƣƣ Miss P J Day ơƥƬƥ ƣƣƣ"ƣƣ Miss H M Castle ơƤƧƬ Ʃƣƨ"ƥƧ Mr G B Deane ơƥƨ ƣƧƦ"Ƥƨ A]gg897\UXk]W_ ơƤƤ ƣƣƣ"ƣƣ Mrs J M Denton ơƫƣ ƣƣƣ"ƣƣ Miss D M Chandler ơƤƤƣ ƣƣƣ"ƣƣ Miss M Detchon ơƦ ƩƬƣ"Ʃƥ Mr D J A Chappell ơƨƣ ƥƩƤ"ƧƤ Mr R D Digby ơƥƥ ƨƨƨ"ƫƪ Mr J D Charter ơƦƨ ƥƫƩ"ƣƨ Mr H C Dinham ơƥƥƨ ƣƣƣ"ƣƣ Mrs P J S Cheeseman ơƨ ƣƣƣ"ƣƣ Miss B S Dixon ơƥƨ ƣƣƣ"ƣƣ ơƫƣ ƣƣƣ"ƣƣ Miss C E M Chetham ơƦƤƣ ƦƬƥ"ƫƥ Miss N L Dixon ơƨ ƣƣƣ"ƣƣ Mr H Chorlton ơƥƣ Ƭƨƥ"ƨƤ ơƦƥƤ Ƨƨƥ"ƨƤ Miss A W Dooley ơƥƤ Ʃƨƣ"ƣƣ Mrs A E Christopherson ơƤƥƨ ƣƣƣ"ƣƣ A]gg?G8ci[]`` ơƧƤƤ ƦƫƩ"Ƨƨ A]gg6A7`Uf_ ơƦ Ƭƫƫ"ƫƨ ơƤƦ Ƭƫƫ"ƫƨ Mr A W Douglas ơƦ ƣƣƣ"ƣƣ A]gg6A7`Uf_ ơƤƫƪ Ƨƫƫ"ƣƥ Mr D L Douglas ơƨ ƣƣƣ"ƣƣ AfH97`Uf_ ơƤƨƥ ƤƧƥ"Ƭƫ ơƧƣƥ ƤƧƥ"Ƭƫ Afg6>8ckb ơƩƦ Ʀƪƥ"ƬƦ ơƤƣƫ Ʀƪƥ"ƬƦ Af8K7`Uf_Y ơƫ ƣƤƩ"ƬƩ ơƤƫƦ ƣƤƩ"ƬƩ Af><:8ckb]b[ ơƤƩ ƧƧƬ"ƤƧ Miss P A Clenton ơƤƣ Ʀƫƪ"Ʀƪ ơƥƥ ƤƤƫ"ƪƩ A]ggJ58ckhm ơƤƣ ƣƣƣ"ƣƣ Mrs A D Cochrane ơƥƫ ƩƫƧ"ƥƤ 8fA@8iƂUb ơƤƥ ƣƣƣ"ƣƣ AfF?7cX`]b[ ơƤƫ Ʃƪƣ"ƤƦ ơƧƦ Ƨƥƣ"ƤƦ Af>78iaVfYW_ ơƥƣ ƣƣƣ"ƣƣ Miss J A Cole ơƨ ƣƣƣ"ƣƣ Mrs F D Duncan ơƥ ƩƪƤ"Ƨƫ ơƤƤ ƨƣƧ"ƪƣ Mrs R A Coleman ơƤƤƦ ƧƦƣ"ƬƩ Mrs J M Duthoit ơƪ ƬƣƧ"ƬƬ ơƥƩƫ ƬƩƬ"ƣƤ Mr S W Coles ơƦƣ ƪƧƪ"ƨƬ Mr S Eadie ơƨ ƣƣƣ"ƣƣ Mr J D Colley ơƧƩ ƨƩƤ"ƥƨ ơƪƩ ƨƩƤ"ƥƨ Miss J A Earless ơƥƨ ƣƣƣ"ƣƣ ơƧƪ ƣƣƣ"ƣƣ Miss R Collings ơƦƪ ƨƨƥ"ƣƣ Miss M E Edmondston ơƦ ƪƬƬ"Ʃƥ Mr R G Collins ơƪƪ ƬƦƨ"ƨƥ Afg9@59XkUfXg ơƥƫ ƤƬƪ"ƬƤ Mrs G M Compston ơƤƣ ƣƣƣ"ƣƣ AfD;9XkUfXg ơƤƣ ƣƣƣ"ƣƣ Miss J A Connell ơƥƨ ƣƣƣ"ƣƣ Mrs M G M Elliott ơƨ ƣƣƣ"ƣƣ Mrs M C Coombs ơƨƣ ƪƪƪ"ƨƥ Mr D V Ellison ơƬ ƦƧƩ"Ƥƫ ơƥƣƬ ƦƧƩ"Ƥƫ Mr P L Coombs ơƧ ƬƤƥ"ƧƩ Miss M Emmerson ơƩ ƩƥƤ"Ƭƨ Miss J G Cooper ơƨ ƣƣƣ"ƣƣ Mrs E B Evans ơƩ ƣƦƥ"ƪƨ ơƤƤƩ ƣƦƥ"ƪƨ Mrs J O Cooper ơƨ ƣƣƣ"ƣƣ Mrs G I Evans ơƨ ƣƣƣ"ƣƣ Miss M E Cooper ơƤƤ ƨƦƤ"Ʀƨ Mrs M M Evans ơƧƣ ƣƣƣ"ƣƣ Miss A M Corbett ơƤƪ ƥƨƣ"ƣƣ ơƫƥ ƨƣƣ"ƣƣ Mrs R I Evans ơƦƥƥ ƫƬƪ"ƪƦ Af77ci`XkY`` ơƨ ƣƣƣ"ƣƣ Mr M P Everett ơƧƦƦ ƦƦƦ"ƦƦ A]ggAH7ckUb ơƪ ƦƬƦ"Ʃƨ Miss J B Farmer ơƤƥ ƥƣƤ"ƦƬ Mr D S Crabbs ơƫ ƣƣƣ"ƣƣ ơƤƦ ƣƣƣ"ƣƣ Mrs D E P Farrant ơƨ ƣƣƣ"ƣƣ Afg>7fUW_bY`` ơƪ Ƥƥƪ"ƨƬ Mrs M Faull ơƦ ƣƬƣ"ƩƦ Miss J M Cramp ơƤƨƣ ƬƣƬ"ƦƦ Mrs R M Field ơƥƣ ƣƣƣ"ƣƣ A]ggA>7fUk`Ym ơƤƥ ƬƥƤ"ƪƪ Mr G T Fillery ơƦƨƣ ƣƣƣ"ƣƣ Miss B A Credland ơƤƣ ƣƣƣ"ƣƣ Miss M Finch ơƨƥ ƣƧƤ"ƪƪ A]gg>7f]W_ ơƤƤ Ƨƥƨ"ƣƥ ơƤƣƤ Ƨƥƨ"ƣƥ Miss M C Finch ơƤƬ ƨƤƫ"ƣƬ ơƧƨ ƨƤƫ"ƣƬ Afg>AD7fcc_ ơƨƨƣ ƣƣƣ"ƣƣ ơƨƬƣ ƣƣƣ"ƣƣ Mrs E Fisher ơƤƨƣ ƣƣƣ"ƣƣ AfgC>7fck`Y ơƫ ƦƧƬ"ƥƫ ơƧƪ ƦƧƬ"ƥƫ Mr A E Fitzcombe ơƦƨƣ ƣƣƣ"ƣƣ Miss M E Cull ơƬ ƨƥƨ"ƪƣ ơƦƣ ƨƥƨ"ƪƣ Miss D E Flynn ơƫƨ ƣƣƣ"ƣƣ Mr L A Culliford ơƫ ƥƤƨ"Ƭƨ ơƦƤ ƦƦƪ"ƩƤ Mrs J M Follmer ơƩƣ ƣƣƣ"ƣƣ Mrs P Y Cumin ơƨ ƣƣƣ"ƣƣ Mrs H M Fortnam ơƨ ƣƣƣ"ƣƣ Mrs S S Dabbs ơƤƥ ƤƧƤ"Ʃƪ ơƧƩƪ ƤƧƤ"Ʃƪ Mrs C Fortune ơƨ ƣƣƣ"ƣƣ Mr B Dale ơƥƨ ƣƣƣ"ƣƣ Mrs B E Freeman ơƤƣ ƣƣƣ"ƣƣ Mrs I Daly ơƤƬ ƤƦƨ"ƧƬ Mrs T D S Fretter ơƨ ƣƣƣ"ƣƣ Mrs E L Darling ơƪ ƣƦƧ"ƦƤ ơƥƪƪ ƤƨƦ"ƣƦ Mr B Frost ơƪƥƦ ƤƬƥ"Ʀƫ Miss D E Davies ơƦƨƨ ƣƬƨ"Ʀƥ Mrs F H Fuller ơƩƨ ƣƣƣ"ƣƣ Miss D G Davies ơƤƣ ƣƣƣ"ƣƣ Miss M C Furness ơƦƩ ƫƦƬ"ƫƤ ơƤƤƬ ƤƩƦ"ƤƤ Mr T Davin ơƬ ƣƤƣ"ƬƤ Mrs B E Gadsby ơƤƣ ƣƣƣ"ƣƣ Mr G M Davis ơƤƩ ƦƤƣ"ƣƣ ơƤƧƩ ƦƤƣ"ƣƣ Miss S A Gage ơƤƩƥ ƧƫƬ"ƪƤ

National Trust Annual Report 2014/15 Year on record 81 Legacies Wcbh]biYX

Af@:;UƂ ơƦ ƪƨƣ"ƣƣ Miss M Hayhurst ơƦƨ ƣƣƣ"ƣƣ Miss P Gale MBE ơƦƧ ƤƬƦ"ƥƪ ơƫƬ ƤƬƦ"ƥƪ AfA8;fYYbkccX ơƨ ƣƣƣ"ƣƣ Af@?;;f]Źh\g ơƦƣ ƣƩƨ"Ƨƣ Miss S Hurst ơƤƤƬ ƣƦƫ"ƦƬ Mrs N Grohs ơƥƨ ƧƦƤ"ƦƬ ơƧƫƣ Ƭƥƪ"ƤƬ Miss L E Hurter ơƥƣ ƣƣƣ"ƣƣ Mr P J H Groves ơƨ ƣƣƣ"ƣƣ Mrs G D Hutchings ơƦƪƣ ƣƣƣ"ƣƣ Miss G M Gully ơƦ ƣƣƣ"ƣƣ Miss I G Hynd ơƩ ƨƤƩ"ƪƣ Mrs M J Habgood ơƦƩ ƥƨƣ"ƣƣ Sir J R Ibbs ơƤƣ ƣƣƣ"ƣƣ Af>DA>UW_gcb ơƥƣƪ ƩƥƩ"ƨƪ Mrs D J Hamilton ơƧƩƪ ƨƣƣ"Ʃƣ Af>G>UW_gcb ơƦ ƣƣƣ"ƣƣ Mr D Hampson ơƤƣ ƣƣƣ"ƣƣ A]ggA>UW_gcb ơƥƧƥ ƫƣƩ"Ƭƫ Mr P Hampson ơƥ ƪƩƧ"Ʃƫ ơƧƥ ƪƤƧ"ƧƬ Mrs M E James ơƬƨ ƫƩƬ"ƥƫ Mr T A Hampson ơƧƣ ƣƣƣ"ƣƣ Mr P W James ơƥƨƣ ƣƤƪ"ƣƣ A]gg6AYb_]bgcb ơƦƬƫ ƥƨƥ"ƪƩ Miss E A Harrington ơƤƥ ƧƨƤ"ƬƤ Mrs W D Jervis ơƥƧ ƫƤƨ"ƫƬ ơƧƥƣ ƫƬƪ"ƧƬ Mr D V Harris ơƥƪƣ ƣƣƣ"ƣƣ Mr A S Johnson ơƥƣ ƣƣƣ"ƣƣ Mr A D Harvey ơƥ ƨƣƣ"ƣƣ Miss B A Johnson ơƧ ƪƣƪ"ƫƧ Mrs J Hay ơƩƨƣ ƣƣƣ"ƣƣ Mr D G Johnson ơƥƣ ƣƣƣ"ƣƣ Mrs V C Hayes ơƨ ƣƣƣ"ƣƣ Dr E H Johnson ơƤƦ ƩƨƤ"ƨƣ

82 Year on record Legacies Wcbh]biYX

Mr S D Johnson ơƩ Ʃƥƪ"Ƨƨ ơƧƩƨ Ʃƥƪ"Ƨƨ Mrs M M M Macleod ơƤƣ Ʀƥƣ"Ƨƪ ơƥƦƬ Ʃƪƣ"ƪƤ Miss L R Johnstone ơƦ ƤƤƥ"Ʀƨ ơƥƦ ƤƤƥ"Ʀƨ Mrs B Maclese ơƤƫ ƥƦƦ"ƣƣ Miss D E Jones ơƥ ƨƣƣ"ƣƣ Mr J D Malam ơƧƧƣ ƣƣƣ"ƣƣ Miss E Jones ơƨ ƣƣƣ"ƣƣ Mr A A Mallett ơƥƪ ƣƣƣ"ƣƣ Mrs E M Jones ơƤƨ ƪƨƫ"Ƥƣ ơƧƣ ƫƧƣ"ƤƬ Af?AUbgcb ơƩƥ ƣƩƧ"ƫƨ ơƦƦƥ ƣƩƧ"ƫƨ Af@?Um ơƦ Ƥƣƨ"ƪƨ Miss M S Marsh ơƥƪƤ ƪƨƨ"Ƭƥ Afg?A?UmY!KYVghYf ơƦƩ ƨƬƪ"ƤƬ ơƤƣƩ ƨƬƪ"ƤƬ Mr T Marsh ơƧƨ ƬƤƥ"ƤƦ A]gg@?YUh]b[ ơƧ Ƨƨƨ"ƫƥ ơƪƤ Ƭƫƣ"Ƥƥ Miss P N G Marsland ơƩ ƣƣƣ"ƣƣ Afg>@?Yad ơƫ ƧƬƫ"ƫƦ ơƫƫ ƧƬƫ"ƫƦ Miss E J Martin ơƥƣƣ ƣƣƣ"ƣƣ AfF?Yfg`U_Y ơƪƨ ƣƣƣ"ƣƣ Mr P J Martin ơƤƣ ƣƣƣ"ƣƣ AfgJ?YggY`g ơƨ Ʃƫƨ"ƫƣ ơƤƣƬ Ʃƫƨ"ƫƣ Mrs R M Martin ơƨ ƣƣƣ"ƣƣ A]ggF?Yk ơƨ ƣƣƣ"ƣƣ Mrs I G E Mason ơƦ ƫƥƣ"Ʀƥ Afg6=?]b[ ơƤƧ ƨƧƨ"ƤƦ Mr J R Matheson ơƩƤ ƪƣƣ"ƣƣ Af>6?]b[ ơƦ ƣƦƬ"ƣƣ Afg?FAUhh\Ykg ơƩ ƣƥƨ"ƨƧ ơƥƩ ƣƥƨ"ƨƧ 8fA5F?]b[ ơƩ ƦƥƧ"ƦƬ ơƬƤ ƦƥƧ"ƦƬ Mrs M W Matzner ơƨ ƣƣƣ"ƣƣ A]ggDA?]fVm ơƦ ƣƣƣ"ƣƣ Mr C F May ơƥ ƫƩƥ"ƨƫ A]gg8?]f_ ơƦƩ ƣƫƩ"Ƥƥ ơƥƦƩ ƣƫƩ"Ƥƥ Mr T McCambridge ơƨ ƣƣƣ"ƣƣ AfgG5?]f_aUb ơƧƣ ƣƣƣ"ƣƣ Miss C I McFadzean ơƩ Ʀƨƥ"ƪƫ DfcZ"A:?]f_aUb ơƦ ƬƦƪ"ƫƫ ơƬƦ ƬƦƪ"ƫƫ Mr D McGrath ơƤƣ ƣƨƣ"ƤƧ AfF6?]hW\]b[ ơƤƦƣ ƣƣƣ"ƣƣ ơƤƧƣ ƨƣƣ"ƣƣ Af5AW=`kfU]h\ ơƦ ƫƬƪ"ƤƤ ơƧƥ ƩƧƪ"ƤƤ Af55?b][\h ơƤƣ ƣƣƣ"ƣƣ Mrs I McLean ơƤƩƣ ƣƣƣ"ƣƣ A]ggA5?b][\h ơƥƦ ƥƤƩ"ƥƣ Af<FJAYU_]b ơƧ ƣƣƣ"ƣƣ Afg;65?c\`Yf ơƧƦ ƣƣƣ"ƣƣ Miss P A Melbourn ơƤƬ ƨƥƪ"ƤƧ Mr G Langhorne ơƧƩ ƬƩƩ"ƤƩ Miss J Meldrum ơƤƩƣ ƣƣƣ"ƣƣ Miss E M Langridge ơƨ ƣƣƣ"ƣƣ Mrs S R Melville ơƤƤ ƤƦƥ"ƨƦ Mr D Laughton ơƥƣ ƣƣƣ"ƣƣ Mr G Mercer ơƪ ƨƣƣ"ƣƣ A]gg5>@UkfUbWY ơƥƩ ƣƤƦ"ƦƦ A]ggIAA]`bYf!K\]hY ơƨ ƣƣƣ"ƣƣ Mrs M Leapman ơƦ ƣƫƦ"ƣƧ ơƤƫƤ ƪƬƬ"ƩƤ Mrs B Minton ơƥƦƣ ƥƥƤ"Ƭƨ Mrs B M Leatherland ơƨ ƫƥƩ"ƨƬ Mr A J Mitchell ơƤƫƧ ƬƤƣ"ƥƧ Miss E M Ledger ơƨ Ƥƨƨ"ƨƣ Mrs J Mitchell ơƤƣƣ ƣƣƣ"ƣƣ Mrs E G Lee ơƤƤ ƥƫƬ"ƤƦ Dr R G Mitchell ơƨ ƣƣƣ"ƣƣ Mr G E Leech ơƤƥ Ƥƪƨ"ƨƣ Miss V A D Mitchell ơƥƥ Ʀƣƫ"ƨƬ Mrs M E Leeming ơƦƩƫ ƫƬƩ"ƫƦ ơƨƫƣ ƦƦƥ"Ƥƪ Miss A L Moore ơƬ ƨƧƪ"ƨƪ ơƦƬ ƨƧƪ"ƨƪ Mrs A Lees ơƤƩƫ ƨƣƧ"ƤƦ Mrs J M Mordaunt ơƤƤ ƣƩƤ"ƨƤ Mrs H H C Lenz ơƪ ƪƤƣ"ƨƪ Miss E M Morris ơƧƣ ƧƫƬ"ƨƧ ơƨƦ ƪƤƬ"Ƥƣ Afg5@@Yk]g ơƤƥƩ ƣƩƬ"ƪƤ Af5>Acfh`cW_ ơƤƩ ƬƧƧ"ƣƣ AfG<@Yk]g ơƥƫƨ ƣƣƣ"ƣƣ Mr J M Moss ơƨƨ ƣƣƣ"ƣƣ AfgDA@YkgYb ơƥ ƬƬƬ"ƫƫ Afg?AAcgg ơƥƤ ƣƣƣ"ƣƣ ơƩƤ ƣƣƣ"ƣƣ A]gg5F@]ƂYhh ơƥƥƨ Ʀƪƥ"ƥƦ Afg8AAck` ơƤƨƧ ƪƥƥ"ƣƬ ơƩƣƧ ƪƥƥ"ƣƬ Mr D T Little ơƤƣ ƣƣƣ"ƣƣ Mr R F S Musgrave ơƥƨ ƣƣƣ"ƣƣ ơƥƣƣ ƣƣƣ"ƣƣ Mr S H Lloyd ơƨƨ ƣƣƣ"ƣƣ Mrs B W Nash ơƨƣ ƣƣƣ"ƣƣ Miss M J A Lloyd-Davies ơƩ Ʃƥƫ"ƧƧ ơƤƥ Ʃƥƫ"ƧƧ Af<FBUh_]Y` ơƥƨ ƣƣƣ"ƣƣ A]ggGA@cW_ ơƤƣƥ ƪƤƥ"ƤƦ Afg8BYkYm ơƫ ƬƦƦ"ƫƣ ơƥƫ Ƭƨƣ"ƫƣ Af>@@cW_kccX ơƧƦƨ ƦƨƧ"ƬƬ Afg9ABYkaUb ơƤƣƬ Ʀƥƨ"ƫƥ Af57@cb[ghUŶ ơƤƣ ƣƣƣ"ƣƣ Mr I E Nicholas ơƤƧƧ ƣƣƣ"ƣƣ Mrs G M Loveday ơƩ ƨƧƧ"ƥƣ A]gg5DB]W_Y`g ơƬƫ ƦƦƫ"ƣƧ ơƤƬƫ ƦƦƫ"ƣƧ Mr E J Lovegrove ơƨ ƣƣƣ"ƣƣ Dr P E O'Connell ơƤƨ ƣƣƣ"ƣƣ Af>5@ckfm ơƬƬ ƤƧƥ"ƥƩ Mr C O'Neil ơƤƩƬ ƫƤƨ"ƨƥ ơƤ ƤƩƬ ƫƤƨ"ƨƥ Miss J Lucas ơƦ Ʀƫƨ"ƬƩ ơƥƦ Ʀƫƨ"ƬƩ Mr J S Oexle ơƪƨƣ ƣƣƣ"ƣƣ A]gg5@@iW_\Ua ơƩ Ʀƪƪ"ƦƦ ơƧƤ Ʀƪƪ"ƦƦ Mr M D Oldman ơƦƫ ƤƨƩ"ƪƧ ơƩƦ ƤƨƩ"ƪƧ Mr J E H Lunnon ơƧƨ ƬƧƫ"ƫƦ ơƤƥƣ ƬƧƫ"ƫƦ A]gg;KC``]ŶY ơƥƥƣ ƣƬƤ"ƩƧ ơƥƧƣ ƣƬƤ"ƩƧ A]gg9AUW_]bhcg\ ơƬ ƪƩƤ"ƨƨ ơƩƣ Ʀƣƪ"ƪƨ Mrs E D L Osgood ơƬ ƤƤƥ"ƪƦ ơƤƦƣ ƩƩƣ"ƫƦ Af>:AUW_bYgg ơƫ ƧƥƦ"ƫƨ ơƬƨ ƨƫƥ"ƥƣ A]ggA9CgkU`X ơƧ Ʃƨƫ"ƫƬ AfgDNA>AUW@Ui[\`]b ơƦƤ ƩƦƦ"ƪƩ ơƤƩƩ ƩƦƦ"ƪƩ Miss Y G M Oudraad ơƪƫ ƪƬƤ"Ƨƪ ơƫƣ ƪƬƨ"ƥƥ

National Trust Annual Report 2014/15 Year on record 83 Legacies Wcbh]biYX

Miss S M Palmer ơƬƦ ƫƫƩ"ƨƬ Afg?9Fc[Yfg ơƬƥ ƤƩƩ"ƧƬ AfgA5DUfžhh ơƤƥƬ ƩƩƥ"ƨƦ Af7Fcc_Y ơƤƣ ƣƣƣ"ƣƣ Af8@DUf_Yf ơƥ ƫƧƬ Ƭƨƫ"ƣƣ Mr D Rose ơƨ ƣƣƣ"ƣƣ A]gg6>DUf_]b ơƦƣ ƥƧƨ"ƣƦ Mr W D Ross ơƫƧ ƣƣƣ"ƣƣ ơƦƤƪ ƪƣƣ"ƣƣ Mr E A Parsons ơƤƥ ƦƤƫ"ƥƦ ơƥƣƤ ƬƨƬ"ƬƬ Af8HFckY ơƥƤ Ʀƣƥ"ƧƧ Mr M Paul ơƦƣƫ ƧƤƨ"ƣƤ ơƦƤƣ ƫƥƣ"ƣƤ Af?FckY ơƨ ƣƣƣ"ƣƣ Mrs D G Pearce ơƬƦ Ƥƨƪ"ƦƦ Afg8DFck`UbXgcb ơƥƬƦ Ƥƪƣ"Ƨƣ ơƦƬƦ Ƥƪƣ"Ƨƣ Mr G Pearson ơƦƩ ƣƣƣ"ƣƣ AfK:>Fck`UbXgcb ơƤƬ ƩƪƤ"Ʀƪ Mrs F E Peever ơƧƫ ƬƨƤ"ƣƤ Mr I A Royston ơƥƥ ƨƣƣ"ƣƣ ơƥƨ Ʃƥƨ"ƣƣ Mrs B L Pepper ơƤƨ ƨƣƧ"Ƨƥ A]gg;:FiŶY`g ơƧ ƬƨƩ"ƦƧ Miss J H A Perham ơƧ ƬƤƨ"ƫƣ ơƧƣ ƥƣƧ"ƥƤ Lt Col J E N Ryan ơƦƥ ƣƧƫ"ƦƧ ơƩƧƤ Ʀƨƪ"ƥƩ A]ggA6DDYf_]bg ơƫ Ƨƨƣ"ƩƤ Miss B E Sabey ơƤƣƤ ƣƣƣ"ƣƣ ơƥƧƤ ƣƣƣ"ƣƣ Mrs M B Perry ơƫƣ ƣƣƣ"ƣƣ ơƥƪƣ ƣƣƣ"ƣƣ Mrs V L M Sale ơƤƣƩ ƧƦƧ"Ƨƪ ơƩƨƩ ƧƦƧ"Ƨƪ Mr J Phillips ơƥ ƨƣƣ"ƣƣ Miss M G Samson ơƤƧ ƧƬƬ"ƣƫ Af5KD]W_UfX ơƥƦ ƬƧƧ"Ʀƨ A]gg9GUb_Ym ơƥƤ ƥƪƦ"Ʃƨ Miss E M Piercy ơƬ ƥƥƥ"ƣƦ ơƤƫ ƥƥƥ"ƣƦ Mr E A Satchell ơƫƫ ƣƣƩ"Ʀƪ Miss E M Pirrie ơƨƦ ƨƬƥ"Ʀƨ Afg9;GUk ơƤƣƣ ƨƥƬ"ƧƧ Miss B R Pitts ơƦƣƦ ƥƧƩ"ƬƬ Mr N Scanes ơƦ ƪƫƬ"Ƭƫ ơƤƥ ƪƦƦ"ƥƨ Mrs M Plant ơƥƦƨ ƪƤƧ"ƥƬ A]gg8GW\cžY`X ơƤƪ ƨƣƨ"ƧƤ A]gg@AD`ckaUb ơƤƤƦ ƣƣƣ"ƣƣ Mrs P B Schorr ơƨ ƣƣƣ"ƣƣ Mr D Poole ơƩ ƤƩƨ"ƨƪ ơƪ ƧƤƨ"ƨƪ Miss H M Schroder ơƨ ƣƤƣ"ƫƧ ơƪƣ ƣƤƣ"ƫƧ Mrs M Poole ơƤƣ ƫƣƨ"ƫƫ ơƤƨ ƫƣƨ"ƫƫ Mrs B Scott ơƤƩ ƣƣƣ"ƣƣ ơƪƩ ƣƣƣ"ƣƣ Miss M A Pope ơƨƤ ƧƬƤ"ƧƩ Mrs M Scott ơƥƥ ƬƫƩ"ƥƦ ơƤƤƧ Ƭƨƥ"ƨƦ Mr H I Porter ơƤƥ ƨƣƣ"ƣƣ ơƤƦ ƣƣƣ"ƣƣ Af6GY`kmb ơƥ Ʃƫƨ"ƣƣ Afg>DckY`` ơƤƣ ƣƣƣ"ƣƣ Mr P W Setten ơƨ ƩƤƩ"Ƨƣ ơƪ ƩƦƩ"ƧƧ Af>7KDckYf ơƩ Ʀƨƣ"ƫƧ ơƨƫ ƩƧƫ"ƧƧ Miss J Shane ơƤƥ ƣƪƪ"ƥƦ Mr B T Pratt ơƤƩ ƣƣƣ"ƣƣ Dr O P Sharp ơƥƫ ƨƫƫ"ƪƫ Mrs C Price ơƦƣ ƣƣƣ"ƣƣ ơƤƦƣ ƣƣƣ"ƣƣ A]gg=<GG\Uk ơƤƣ ƣƣƣ"ƣƣ Miss I M Price ơƨƫ ƤƤƩ"ƦƤ Afg>7G\Uk ơƥƧ ƣƣƣ"ƣƣ A]gg?9Df]WY ơƦƨƣ ƣƣƣ"ƣƣ Afg?AG\Uk ơƧƫ ƣƣƣ"ƣƣ Mrs P D J Price ơƤƧ ƤƥƬ"ƫƤ ơƦƩ ƩƥƬ"ƫƤ A]gg6G\YUfXckb ơƥƦ ƫƩƧ"ƫƧ Miss S Price ơƥƥƣ ƫƩƦ"Ƨƨ ơƥƨƣ ƫƩƦ"Ƨƨ Mr P E Sheppard ơƥƥ ƬƣƧ"ƣƣ Miss F O L Primrose ơƥƨ ƣƣƣ"ƣƣ Mr J Shepperson ơƥƨ ƣƣƣ"ƣƣ Mr J E Prince ơƥ ƨƣƣ"ƣƣ Mr C Short ơƨƤ ƥƦƦ"ƣƫ Mrs S M Pugh ơƥ ƨƣƣ"ƣƣ Miss M Shrimpton ơƩƣ ƣƣƣ"ƣƣ Miss C Pyle ơƤƣƧ ƨƥƨ"ƦƤ Miss J B Shurmer MBE ơƨ ƨƨƩ"ƪƬ A]gg=AFFUXW`]ŶY ơƩ ƪƨƣ"ƣƣ Mr D W Simpson ơƩƦ ƤƤƫ"ƣƨ Mrs N E Radford ơƤƣ ƪƩƧ"Ƨƣ ơƤƩƥ ƪƩƧ"Ƨƣ Mr C M Sivyer ơƤƣ ƣƣƣ"ƣƣ Miss S Raval ơƤƨ ƣƣƣ"ƣƣ Af>?G_Y`Xcb ơƥƥƪ Ƭƫƣ"ƩƧ A]gg?A9FUk`]bgcb ơƤƨ ƦƩƣ"ƣƣ 8f?<G`UhhYf ơƧƣ ƣƣƣ"ƣƣ Mr C T Ray ơƥƣ ƣƣƣ"ƣƣ Mr A G Smith ơƤƩƦ ƧƬƪ"ƣƪ ơƥƫƫ ƧƬƪ"ƣƪ Miss M V Rayner ơƤƤ ƧƩƧ"ƪƥ Mr B Smith ơƧƨ Ʃƨƨ"ƬƤ Mr G E Read ơƩ ƣƣƦ"ƬƬ ơƧƨƩ ƣƣƦ"ƬƬ Miss C J Smith ơƩ ƦƩƫ"ƤƩ Miss G M Read ơƤƣ ƩƩƩ"Ƥƥ Mrs E M Smith ơƥƨ ƣƣƣ"ƣƣ Mr A J Reid ơƫƬ ƦƩƫ"Ƨƫ ơƤƧƤ ƦƧƬ"ƬƬ Mr G H Smith ơƦ ƣƣƣ"ƣƣ Mrs N Rice ơƪƩ ƤƫƧ"ƫƫ Mrs J M M Smith ơƥƬƩ ƩƧƣ"ƥƦ Mrs F M Richards ơƪƪ ƫƪƨ"ƣƦ ơƤƤƬ ƧƬƬ"ƨƨ Mr J R Smith ơƦƣ ƧƤƣ"ƩƤ ơƧƤ ƨƨƧ"Ƥƣ Mrs J M Richardson ơƨƫ ƬƦƫ"ƫƤ ơƧƨƫ ƬƦƫ"ƫƤ Mrs N W Smith ơƬƣ ƫƧƪ"ƬƧ Mrs H M Richmond ơƨ ƣƣƣ"ƣƣ Mr W R Smith ơƦ ƫƫƪ"Ƨƫ ơƩƨƦ ƫƫƪ"Ƨƫ Af?:F]X`Ym ơƨƣ ƣƣƣ"ƣƣ Mr D R Snart ơƤƣƣ ƣƣƣ"ƣƣ Miss D F Roberson ơƥƧ ƨƫƦ"ƣƧ Mrs E A Southgate ơƤƫƪ ƣƬƣ"ƫƣ Mr D H Roberts ơƨ ƣƣƣ"ƣƣ Mr F A Sparshott ơƤƦƤ ƥƥƤ"ƬƦ Mrs S V Roberts ơƥƤ ƫƩƣ"Ʀƪ ơƤƪƤ ƫƩƣ"Ʀƪ Mrs P Spence ơƥƨ ƣƣƣ"ƣƣ Mr J C Robinson ơƦƤ ƧƧƫ"ƤƬ Mr D Staite ơƦƥ ƬƨƧ"ƦƬ Mr J Roburn ơƤƣ ƣƣƣ"ƣƣ Miss A C E Staniforth ơƦƥ ƦƩƩ"ƣƪ

84 Year on record Legacies Wcbh]biYX

Af?BGhUb`Ym ơƩƪ ƨƣƣ"ƣƣ Mr A E Ward ơƬ ƥƤƬ"Ƭƪ ơƩƩƬ ƥƪƧ"ƦƩ Mr C A Steel ơƩ ƥƪƤ"ƨƥ ơƩ ƪƪƤ"ƨƥ Miss E M Ward ơƤƦƣ ƣƣƣ"ƣƣ Mrs M B Stephens ơƬ ƬƬƧ"ƣƣ Mrs J S Ward ơƧƪ ƨƣƣ"ƣƣ Mrs J Stevens ơƦƣ ƫƥƣ"ƥƩ A]gg?5KUfX ơƤƣ ƨƣƣ"ƣƣ AfA>Gh]`kY`` ơƤƪƨ ƣƣƣ"ƣƣ Miss J E Waters ơƤƪ ƣƦƣ"Ƨƨ Miss D J Stirland ơƤƫ ƬƪƦ"ƪƪ Af8>KUh_]bg ơƨƣ ƣƥƬ"Ƥƪ Mrs A L Stone ơƥƧ ƫƥƨ"ƫƬ ơƥƧƬ ƫƥƨ"ƫƬ Miss V B Watson ơƥ ƪƣƣ"Ʀƪ ơƤƩ ƬƫƩ"ƣƬ A]ggDAGhckYf ơƤƪ ƩƬƦ"Ƭƣ Miss M C Watt ơƧƥ ƫƨƦ"ƥƥ ơƨƫ ƫƨƦ"ƥƥ A]ggG?GhfYXk]W_ ơƦƬ ƣƩƧ"ƬƩ ơƩƪ Ƥƨƥ"Ʃƥ Mr W H Watt ơƨƩ ƣƣƣ"ƣƣ AfgGAGhfYY_ ơƦƣ ƣƣƣ"ƣƣ Mrs M Webb ơƬ ƧƤƫ"ƥƩ ơƬƫ ƩƦƦ"ƩƩ Mrs M Street ơƨ ƣƣƣ"ƣƣ Mrs J Webster ơƨƣƣ ƣƣƣ"ƣƣ Mr A H Stroud ơƤƣ ƣƣƣ"ƣƣ Mr A Wells ơƨ ƣƣƣ"ƣƣ Mrs G B Sturgess ơƨ ƣƣƣ"ƣƣ Mr D J R Whaley ơƧ ƣƣƣ"ƣƣ A]ggA5GiŹY`X ơƫ ƦƦƦ"ƦƦ Mr S G Wheeldon ơƥƤ ƧƫƧ"ƦƬ Mr P M A Sutton ơƦƨƨ ƦƥƩ"Ƭƫ Miss B J White ơƨ ƥƣƩ"ƫƩ Af5KGkU]bY ơƧƧ ƥƦƩ"ƫƤ Mr J Whitehead ơƤƨ ƣƣƣ"ƣƣ AfGKGkUbb ơƤƣƣ ƣƣƣ"ƣƣ Afg=8K\]hžY`X ơƫƧ ƪƩƥ"ƫƬ AfgFGkUfVf]W_ ơƤƪƣ ƣƣƣ"ƣƣ Miss O M Whyte ơƪƧ ƬƬƫ"Ʀƪ Mr D A Tait ơƧƥ ƣƣƣ"ƣƣ A]gg55K]YbY_Y ơƤƥ Ƨƨƫ"ƨƬ Miss V B Tait ơƤƣ ƣƣƣ"ƣƣ Mr A L Williams ơƤƧ ƬƧƥ"ƨƤ ơƫƥ ƣƦƦ"ƪƩ Mrs A Taylor ơƦƨ ƫƨƪ"ƥƪ Mrs C E Williams ơƤƤ ƧƩƪ"ƤƧ ơƤ ƩƧƫ ƫƦƦ"ƬƬ Mrs B A Taylor ơƧƨ ƬƬƪ"ƬƤ Mrs D B Williams ơƨƣ ƬƣƬ"ƨƣ Miss G Taylor ơƤƨ ƣƤƥ"ƨƣ ơƤƬ ƣƤƥ"ƨƣ Mr P M Williams ơƨ ƣƣƣ"ƣƣ Miss J A Taylor ơƤƣ ƣƪƦ"Ƥƨ Mr T J Williams ơƥƬ ƨƨƩ"ƫƣ Miss L M Taylor ơƧƫ ƦƦƪ"Ʃƣ ơƨƬƫ ƦƦƪ"Ʃƣ Mrs J E Wills ơƤƧ ƦƧƪ"ƥƧ Miss W Taylor ơƤƨƣ ƣƣƣ"ƣƣ Miss C Wilson ơƤƣ ƣƣƣ"ƣƣ ơƥƦ ƦƧƦ"ƨƨ A]gg>6HYU_`Y ơƧƦ ƥƤƨ"ƦƧ ơƨƦ ƥƤƨ"ƦƧ Mrs J Wilson ơƤƤ ƥƬƤ"ƦƬ ơƨƤ ƥƬƤ"ƦƬ Afg8AH\UW_Yf ơƦ ƣƣƣ"ƣƣ Mrs M W Wing ơƬƤ ƦƧƩ"ƨƨ Mr B M Thomas ơƪƨ ƨƦƣ"ƦƧ AfgA6K]bfck ơƤƣƣ ƣƣƣ"ƣƣ 7Udh?DH\caUg ơƤƣƣ ƣƣƣ"ƣƣ Mrs F Wise ơƨ ƣƣƣ"ƣƣ Mrs M E Thomas ơƦƥ ƥƥƦ"ƥƧ Miss D L Wiseman ơƤƧƤ ƩƩƨ"ƨƫ Mr W E L Thomas ơƦƩ Ƨƨƪ"Ʀƪ Mrs I N Wolstenholme ơƨ ƣƣƣ"ƣƣ Mr G B Thompson ơƫƣ ƨƨƣ"ƥƩ ơƤƥƬ Ʃƣƨ"ƩƤ Mrs B E Wood ơƦ ƥƩƦ"ƨƬ ơƦƨ ƥƩƦ"ƨƬ Miss J Thorogood ơƪƧ ƣƩƨ"ƧƤ AfD@KccXžY`X ơƨƧ ƫƣƥ"ƥƦ Af>H]W_`Y ơƥƧƣ ƣƣƣ"ƣƣ Mr J M Woods ơƤƣ ƣƣƣ"ƣƣ Mrs M Todd ơƥƤ ƤƨƧ"Ʃƨ ơƨƬ ƤƨƧ"Ʃƨ Miss P R Woollard ơƨ ƣƣƣ"ƣƣ Af8HHckbgYbX ơƤƥ ƫƧƥ"ƤƤ ơƤƨƩ Ƥƪƨ"ƧƧ Af?KKcc``Ym ơƧƩ ƣƬƩ"ƣƦ Miss M L Trahair ơƨ ƥƥƦ"ƣƣ ơƦƥ ƪƬƧ"ƧƦ Miss B A Wright ơƤƨ ƣƣƣ"ƣƣ Miss D E Troughton ơƥƨ ƣƣƣ"ƣƣ Miss E G Wright ơƩƩƣ ƣƣƣ"ƣƣ AfBJHfiYžhh ơƨ ƣƣƣ"ƣƣ Mr G E H Wright ơƦƬƣ Ƭƥƨ"ƣƨ I\`aUb ơƥƣ ƣƣƣ"ƣƣ ơƫƥ ƣƣƣ"ƣƣ Miss J M Wright ơƤƣ ƧƥƬ"ƣƣ ơƫƨ ƧƥƬ"ƣƣ AfDAIbXYf\]`` ơƥƣ ƣƨƣ"Ƭƨ Mr R J S Wright ơƤƣ ƣƣƣ"ƣƣ AfD>Id\]`` ơƨ ƣƣƣ"ƣƣ Mr J G Wyatt ơƤƣ ƣƣƣ"ƣƣ Mr D G Valentine ơƩƣ ƨƥƦ"ƨƥ Mr M J Wyatt ơƦƫ ƣƣƣ"ƣƣ Mr M D Verity ơƥƨƣ ƣƣƣ"ƣƣ A]gg8MY``ck ơƨ ƣƣƣ"ƣƣ Mr G V Vicary ơƧƫ ƪƣƣ"ƣƣ ơƧƫ ƫƣƣ"ƣƣ Mrs R E Youll ơƫƣ ƤƣƩ"ƬƩ Mr H T Viner ơƥƣ ƣƣƣ"ƣƣ Af;AIMcib[ ơƨ ƣƣƣ"ƣƣ Mrs C Virgoe ơƨ ƣƣƤ"ƦƤ Mr G W Young ơƥƣ ƥƪƥ"Ƨƫ ơƦƤ ƣƨƦ"Ʀƣ A]ggAJck`Yg ơƤƩ ƫƩƣ"ƤƬ Miss S C Young ơƫƫƣ ƫƤƧ"Ƨƨ Mrs E F Waddell ơƥƪ ƧƧƫ"ƥƥ ơƤƥƪ ƧƧƫ"ƥƥ Dr S E J Young ơƧƣ ƨƫƦ"ƤƦ Mrs J M Waites ơƥƣ ƣƣƣ"ƣƣ Anonymous ơƦ Ʃƪƪ"ƪƧ ơƩƩƧ ƧƨƤ"ƤƧ Af6<KU`_Yf ơƧ ƨƤƣ"ƥƤ Anonymous ơƩƣ ƫƨƩ"ƣƣ ơƨ ƦƫƤ Ʀƥƨ"Ƨƪ Mrs D D Walmsley ơƤƦ ƨƫƤ"ƣƦ ơƧƤƦ ƨƫƤ"ƣƦ Mrs P Walton ơƤƪƦ ƨƫƦ"ƣƨ Mr M E Wandless ơƥƣ ƪƨƨ"ƣƣ

National Trust Annual Report 2014/15 Year on record 85 Legacies Wcbh]biYX

—&!%%%¹—'!)..

Afg>A5``WcW_ ơƤ ƣƣƣ"ƣƣ Mr N J de Orfe ơƥ ƣƣƣ"ƣƣ Mr H B Ambrose ơƤ ƣƣƣ"ƣƣ Mr J R Dean ơƤ ƣƣƣ"ƣƣ Mr D C Arbon MBE ơƥ ƣƣƣ"ƣƣ Mr D J Dodd ơƤ ƣƣƣ"ƣƣ Af>85ffck ơƤ ƣƣƣ"ƣƣ AfgAG8iŹb[ ơƤ ƣƣƣ"ƣƣ Af5;5h_]bg ơƤ ƣƣƣ"ƣƣ Miss N L Eden ơƥ ƦƪƬ"ƥƣ Mrs R Bacon ơƤ ƬƩƩ"ƨƥ Mrs E Emery ơƤ ƤƧƧ"ƨƥ Af9>J6UƂY ơƤ ƣƣƣ"ƣƣ Mr D G Fade ơƥ ƣƣƣ"ƣƣ Mr D C Bailey ơƤ ƣƣƣ"ƣƣ Miss L B P Featherstone ơƤ ƣƣƣ"ƣƣ Afg68<6U_Yf ơƤ ƨƣƣ"ƣƣ Mrs C W Feltham ơƤ ƣƣƣ"ƣƣ AfF56U_Yf ơƤ ƥƫƤ"Ƭƨ Mr D G J Feltham ơƤ ƣƣƣ"ƣƣ A]ggA56U`XcW_ ơƤ ƣƣƣ"ƣƣ Mrs M Frith ơƤ ƣƣƣ"ƣƣ Mrs E Bambridge ơƤ ƤƤƥ"ƣƨ Mrs V M Garrett ơƤ ƪƧƤ"Ƥƥ Mrs S J Banton ơƤ ƣƣƣ"ƣƣ Miss D A Garton MBE ơƤ ƣƣƣ"ƣƣ A]gg>96Uf`ck ơƤ ƣƣƣ"ƣƣ Afg5;;]ŶcfX ơƤ ƣƣƣ"ƣƣ Mrs J Barter ơƤ ƣƣƣ"ƣƣ Mr C H G Gilbert ơƤ ƣƣƣ"ƣƣ Prof B A Barton ơƤ ƣƣƣ"ƣƣ Afg?DA;]`VYfh ơƤ ƣƣƣ"ƣƣ Mr D E Barton ơƤ ƣƧƦ"ƪƧ Mr R C Gillson ơƤ ƣƣƣ"ƣƣ Miss M G Bates ơƤ ƧƩƬ"ƫƪ Mrs J M Glibbery ơƤ ƣƣƣ"ƣƣ Mrs M R M Baxter ơƥ ƣƣƣ"ƣƣ Mr D Goodall ơƤ ƥƩƫ"Ƥƥ Mrs M N A Bayliss ơƤ ƤƤƤ"ƤƤ Mr W E Gould ơƥ ƣƣƣ"ƣƣ Mr J F Bell ơƤ ƩƤƪ"ƫƥ Mr B G Green ơƤ Ƭƣƫ"Ƥƨ Mr J M Berry ơƤ ƣƣƣ"ƣƣ Mrs D Y Green ơƥ ƣƣƣ"ƣƣ Mr P R Bethell ơƤ ƣƣƣ"ƣƣ Mr J R N Greer ơƥ ƥƪƩ"ƦƤ Mrs M W Bevan ơƤ ƣƣƣ"ƣƣ 8f>5;f]Źh\g ơƤ ƣƣƣ"ƣƣ Dr R O Bishop ơƤ ƣƣƣ"ƣƣ AfgI;i``Yhh ơƤ Ʃƫƣ"ƧƧ Miss J M Bissett ơƤ ƣƣƣ"ƣƣ Miss E J Habgood ơƥ ƣƣƣ"ƣƣ AfgB6`UW_kY`` ơƥ Ƥƣƪ"ƣƦ Miss Q E Hall ơƤ ƣƣƣ"ƣƣ Mr R J Bogue ơƤ ƣƣƣ"ƣƣ Mrs I Harmer ơƤ ƣƣƣ"ƣƣ Mrs I W Boon ơƤ ƣƣƣ"ƣƣ Mr R E Harris ơƤ ƬƫƩ"ƬƧ AfgGA6ck`Yf ơƤ ƣƣƣ"ƣƣ Mr J Harrison ơƤ ƣƣƣ"ƣƣ A]gg?:6fUm`Ym ơƤ ƣƣƣ"ƣƣ Mr S N Hart ơƤ ƨƣƣ"ƣƣ Af;56f]Ƃg ơƤ ƣƣƣ"ƣƣ Mrs V A Hart ơƤ ƣƣƣ"ƣƣ Mr C J Bromage ơƥ ƣƣƣ"ƣƣ Miss J R Haslam ơƤ ƣƣƣ"ƣƣ Af;56fckb ơƤ ƣƣƣ"ƣƣ Mr P J Hatton ơƤ ƣƣƣ"ƣƣ Afg>6fckb ơƤ ƣƣƣ"ƣƣ Af8G:=`]Ŷ ơƥ ƣƣƣ"ƣƣ A]gg?A7cc_ ơƤ ƣƫƣ"ƣƣ A]gg65>UƂYfg ơƥ ƣƣƣ"ƣƣ Mrs I N Cooper ơƤ ƣƣƣ"ƣƣ A]gg9A>UeiYg ơƤ ƣƣƣ"ƣƣ AfgA;7ck`]b[ ơƤ ƨƪƪ"Ʃƫ AfB7>UeiYg ơƤ ƣƣƣ"ƣƣ Mrs L B Cox ơƥ ƣƣƣ"ƣƣ Afg7A>YŶYf]Yg ơƥ ƥƬƤ"ƪƨ AfgI677fcb]b ơƤ ƣƪƫ"Ƨƨ Af<>Yb_]bg ơƤ ƣƣƣ"ƣƣ AfgA57fcc_g ơƤ ƩƩƩ"ƣƤ AfgB>Yb_]bg ơƤ ƣƣƣ"ƣƣ Mrs V Cruse ơƤ ƣƣƣ"ƣƣ Mr J W Jessop ơƤ ƣƥƨ"ƥƥ AfFJ8Ukgcb ơƥ ƣƣƣ"ƣƣ Miss J M Johnson ơƤ ƨƪƣ"ƣƣ

86 Year on record Legacies Wcbh]biYX

Miss N A M Jonas ơƤ ƣƣƣ"ƣƣ Mrs H L Sills ơƤ ƣƣƣ"ƣƣ Afg?>cbYg ơƤ ƫƦƣ"ƥƧ Dr O H Simms ơƤ ƣƣƣ"ƣƣ Mrs M Jones ơƥ ƣƣƣ"ƣƣ Afg8AG`Uf_ ơƥ ƣƣƣ"ƣƣ Mrs S H Jones ơƤ ƣƣƣ"ƣƣ Mrs H E Slaughter ơƤ ƣƣƣ"ƣƣ AfF6?UiZaUbb ơƤ ƫƩƪ"ƣƤ Miss E Smith ơƤ ƣƣƣ"ƣƣ AfKF?YY`Ub ơƤ ƣƣƣ"ƣƣ Mrs E P E Smith ơƥ ƣƣƣ"ƣƣ Afg6A?YY`Ym ơƤ ƣƣƣ"ƣƣ Mr R A Smith ơƥ ƣƤƤ"ƤƧ A]ggK9?]fVm ơƤ ƣƣƣ"ƣƣ Af<GckYfVm ơƤ ƨƣƣ"ƣƣ A]gg<?]f_ ơƥ ƧƬƥ"Ƥƣ Miss E M Starling ơƤ ƬƪƦ"ƨƫ Afg?>@UadUfX ơƤ ƨƣƣ"ƣƣ Afg79GhYkUfhgcb ơƥ ƣƣƣ"ƣƣ Mrs J C Laslett ơƤ ƣƥƣ"ƨƦ Mr O V Stobart ơƤ ƣƣƣ"ƣƣ Mrs J M Lloyd ơƤ ƣƣƣ"ƣƣ Mrs S M M Sumner ơƤ ƣƣƣ"ƣƣ Ms A J Mangold ơƤ ƣƣƣ"ƣƣ 8f>?GkUbghcb ơƥ ƣƣƣ"ƣƣ Miss J M Manison ơƤ ƣƣƣ"ƣƣ Afg9>HUƂ ơƤ ƣƣƣ"ƣƣ Mrs J N Marshall ơƤ ƣƣƣ"ƣƣ Mrs J D M Tandy ơƤ ƣƣƣ"ƣƣ Mrs P I Mathers ơƥ ƣƣƣ"ƣƣ Afg=?HUm`cf ơƤ ƣƣƣ"ƣƣ DfcZ;JHAUhh\Ykg ơƤ ƣƣƣ"ƣƣ Mr V J Taylor ơƤ ƣƣƣ"ƣƣ AfD<AUhh\Ykg ơƤ ƣƣƣ"ƣƣ Mr T M Telford ơƤ ƣƣƣ"ƣƣ Miss S B McCalla ơƥ ƣƣƣ"ƣƣ Mr W Temple ơƤ ƣƣƣ"ƣƣ Mrs S H Miller ơƤ ƣƣƣ"ƣƣ Afg?AH\UW_fUm ơƤ ƣƣƣ"ƣƣ AU^cf>FAccb ơƤ ƣƣƣ"ƣƣ Afg9>H\Y`kY``!Ga]h\ ơƤ ƣƣƣ"ƣƣ Mrs M Morris ơƥ ƣƣƣ"ƣƣ Mrs D M Thompson ơƤ ƣƣƣ"ƣƣ Mr E Mountain ơƤ ƣƣƣ"ƣƣ Mrs H Tovey ơƥ ƣƣƣ"ƣƣ Af<@AmWcW_ ơƤ ƫƩƦ"ƣƥ Mr J G Trimmer ơƥ ƣƣƣ"ƣƣ Afg;KBYkVYfm ơƤ ƣƣƣ"ƣƣ Miss P J Tytherleigh ơƥ ƦƬƩ"ƣƨ Mr P J Norton ơƥ ƤƤƦ"ƦƤ Afg5>Ihh`Ym ơƤ ƣƣƣ"ƣƣ Af>D?CfdYb ơƥ ƣƣƣ"ƣƣ Mr D Vince ơƤ ƣƣƣ"ƣƣ Mrs I M Osmond ơƤ ƣƣƣ"ƣƣ Miss E M Wadham ơƥ Ƨƣƣ"ƧƧ Afg<ADUW_Yf ơƤ ƣƣƣ"ƣƣ Afg9KU[ghUŶ ơƤ ƣƣƣ"ƣƣ Mr D R S Paine ơƤ ƣƣƣ"ƣƣ Mr B G Waller ơƤ ƣƣƣ"ƣƣ AfgJ5DUf_Yf ơƥ ƣƣƣ"ƣƣ Mrs M P Wallis ơƤ ƣƣƣ"ƣƣ Miss B A Parrott ơƤ ƣƣƣ"ƣƣ Afg?AKUff ơƤ ƣƣƣ"ƣƣ Miss J C Parry ơƤ ƣƣƣ"ƣƣ Lady E A Warren ơƥ ƣƣƣ"ƣƣ Mrs D Pearce ơƤ ƣƣƣ"ƣƣ Mrs S R Warring ơƥ ƣƣƣ"ƣƣ Mrs R D Plumpton ơƤ ƧƤƬ"ƤƤ Mrs I M G Waterman ơƥ ƣƣƣ"ƣƣ Mrs L A Price ơƤ ƨƥƥ"Ʃƫ Mrs A S Waters ơƤ ƣƣƣ"ƣƣ Mrs C M Pye ơƥ ƣƣƣ"ƣƣ AfK;KUh_]bg ơƥ ƣƣƣ"ƣƣ Miss J W Raper ơƤ ƤƤƦ"ƩƧ Mr W H Way ơƤ Ʀƨƪ"ƩƬ Mr J S Reeve ơƤ ƫƪƨ"ƣƣ Af9KYY_`Ym ơƤ Ʃƫƫ"ƩƦ Miss E A Reeves ơƥ Ʀƨƪ"Ƨƨ Miss S Weir ơƤ ƣƣƣ"ƣƣ Miss A B H Rennie ơƤ Ʀƨƣ"Ʃƣ Mr J N T White ơƥ ƣƣƣ"ƣƣ Mr P J Richardson ơƥ ƣƣƣ"ƣƣ Mr E Whitehouse ơƤ ƣƧƩ"ƫƫ Mr G P Riddell ơƥ ƣƣƣ"ƣƣ Mr C F Wildgoose ơƥ ƣƣƣ"ƣƣ Miss N Robinson ơƤ ƣƣƣ"ƣƣ Af5BK]`_Yg ơƥ ƣƣƣ"ƣƣ Miss A P Robotham ơƤ ƣƣƣ"ƣƣ Miss B R Williams ơƤ ƦƧƪ"Ƥƪ Miss H M Rogers ơƤ ƣƣƣ"ƣƣ Mrs C S Wilson ơƥ ƣƣƣ"ƣƣ Mrs D M Ryder ơƥ ƣƣƣ"ƣƣ Mrs D S M Wilson ơƤ ƣƣƣ"ƣƣ Mrs J M Sadler ơƤ ƣƣƣ"ƣƣ Mrs G R Wiltshire ơƥ ƣƣƣ"ƣƣ Mrs M Sargent ơƤ ƣƣƣ"ƣƣ Af8GNcYfg ơƤ ƨƣƣ"ƣƣ Mr P D Seal ơƤ ƣƣƣ"ƣƣ Mrs P J Seale ơƤ ƣƣƣ"ƣƣ KYUfYU`gcjYfm[fUhYZi`Zcf&)'`Y[UW]YgibXYf—% $$$" Mr D J Sharples ơƤ ƣƣƣ"ƣƣ Mr B Sheppard ơƤ ƪƪƧ"Ƥƥ Mrs D W Shorter ơƤ Ʀƨƣ"Ʃƨ

National Trust Annual Report 2014/15 Year on record 87 Contact details

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88 Contact details 2014/15 was a year of great progress for the National Trust. This would not have been possible without the support of our members, donors and other supporters and the wonderful work ]T]c`abOŰO\RbS\a]T thousands of volunteers. Thank you. An illustrated version of the Annual Report is available at www.nationaltrustannualreport.org.uk

Alternative formats are also available on request from [email protected] or telephone 01793 817400 www.nationaltrust.org.uk/annualreport

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