National Trust Annual Report 2010/11

Going local Annual report 2010/11

The National Trust in brief What is the National Trust?

for ever, for everyone, throughout England, Wales and Northern Ireland. We strive to make sure that the unique spirit of each of our places comes to life in the hearts and minds of visitors.

# $ # conserving beautiful places for ever, and by welcoming everyone to experience the joy and inspiration they bring.

&

'

Our approach is increasingly local. We minimise top-down

freedom to innovate, celebrate the spirit of each place, and build strong partnerships with local communities within a clear National Trust framework. We want everyone, members and non-members alike, to feel the National Trust is part of their lives. We exist, in the words of one of our founders, Octavia Hill, ‘for the everlasting delight of the people of these islands’ – rich and poor, city or country dweller, young and old. As an independent charity, we receive no direct Government funding for our core work. Thanks to the generosity and active involvement of 3.8 million members and more than 61,500 volunteers, as well as many benefactors, tenants ! conservation body, providing wonderful experiences enjoyed through 17.7 million visits to our pay-for-entry properties and countless visitors to our coast and countryside.

" engaging our supporters " improving our conservation and environmental performance " investing in our people; and " To achieve these goals our priorities this year were to bring our places to life and to streamline the Trust’s bureaucracy to

* + is that by 2020 everyone in England, Wales and Northern <

$ # million people will be.

HRH The Prince of Wales Chairman Simon Jenkins Deputy Chairman Sir Laurie Magnus, Bt Director-General Dame Fiona Reynolds DBE The National Trust for Places of Historic Interest or Natural Beauty is a registered charity. It is incorporated, and has powers conferred on it through Parliament by the

We believe conservation should always work hand in hand with access. We welcome everyone to explore: " more than 350 houses, gardens, woodlands, monuments, nature reserves and parks; " 1,141 kilometres (709 miles) of coastline; " extensive parts of our 255,000 hectares (630,000 acres) of land, much of outstanding natural beauty. Only 20% of our properties can fund their own permanent preservation. Conservation costs continue to rise: we spent over ÂŁ76 million on larger conservation projects and ÂŁ33.3 million on annual cyclical repairs in 2010/11. Our promise to care for special places for ever has the force of law in the 1907 National Trust Act. We own most of this natural and built heritage inalienably, so it can never be sold or developed against our wishes without the express consent of Parliament.

National Trust Acts 1907 to 1971 and under the Charities (National Trust) Order 2005. Since 1 September 2005 the Trust has been governed by a Board of Trustees whose members are listed on page 83. A # =>?=@* Our bankers, investment managers and auditors are listed on @K Q

UK=* This Annual Report has been prepared by the Board of Trustees and covers the period 1 March 2010 to 28 February 2011. Front cover: School Room at the Apprentice House at Quarry Bank Mill, Cheshire

Contents Chairman’s statement

Director-General’s statement

The Trust in action

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%

Our performance

XY

Bringing our places to life

XZ

Performing at our best

[Z

& $'# $' ' (

!

Future plans

)

* +

,

. #

3 4 4 $ 4

5

6 # #

5

Thanks

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3 # ' 7 #

8

' * # 4 Consolidated Statement of Financial Activities

\X

Balance Sheets

\[

Consolidated Cash Flow Statement

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Notes to the Financial Statements

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Membership of the Board of Trustees, Council, Committees and Executive Team

^]

2010 Annual General Meeting

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. 4 + 4

Places and chattels acquired

Kingston Lacy, Dorset

`

zX

Retirements

z[

Townend, Cumbria

Awards

z]

Obituaries

zY

Conwy Suspension Bridge, Conwy

The Royal Oak Foundation

zY

Gifts and donations

z\

Supporter groups

z_

Walkers at Wasdale, Cumbria, with Wastwater in the distance

^_

Legacies

z^

7 #

National Trust Annual Report rt 2010/11

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Contents

1

Chairman’s statement

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we are eager to promote. Our places must move

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on from a period when they have been presented

4 $' + < +

essentially as museums, to seeing them as sources of

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enjoyment, with fewer ropes and don’t-touch signs

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and billiard tables in use. We want visitors to regard

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our places as they might have done when privately

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and activities from one year to the next.

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Our ambition is for the Trust to reach outwards to the nation, as was the intention of our founders. I

The coalition government and consequent cuts

have always regarded it as a truly national body, not

*

sector. We have been mostly immune to this, as our

Octavia Hill saw the goal as bringing ‘everlasting

income is not dependent on government money.

delight’ to everyone. I have no doubt that the coming

We have taken part in many debates about the

year will extend that achievement.

future of the sector, and such other sectors as nature conservation and forestry. We have already had a number of approaches from owners considering relinquishing properties but are biding our time. Simon Jenkins Chairman

We stand ready to help if needed. Last year saw a major change in the internal management of the Trust, associated with projects to push more responsibility on to local managers and bring places to life. This involved giving them more delegated budgets and establishing most regional * | are pruning our hierarchy, simplifying reporting lines and processes and creating more collaborative working. I am convinced these changes will reduce bureaucracy in the Trust. It has not been an easy change, but I am impressed by the commitment and professionalism shown on all sides. It is intended to Q # and presentation of all our places. } !

programme to bring places to life risks straying

+ * < quarrel with the visitor welcome typical of Disney, but our emphasis is on authenticity, on the places themselves, their stories and how far we can involve visitors in them. I am determined that more people can feel this involvement, whether it is in a house, a garden, an estate or the upland and coastline that 2

Chairman’s statement

Director-General’s statement

9 ' ## $ #( 4 ' '

landscape-scale regeneration in Wales and the

## + B 9 ' < ' <

Peak District to conserving fragile ecosystems for

Q ' # # # B ' 4 (

~ Â * |

4 # 4 4 ' '

and to enrich the lives of the 60 million people who

# + # B

live in a largely urban Britain. We want people of all

Of course we depend on professional excellence

closer connection with nature – by cycling, walking,

in all kinds of roles, as land managers and food

swimming, canoeing or camping under the stars – the

producers, wildlife experts, conservationists and

kind of exhilaration that cannot be found in a theme

museum curators. But the purpose of everything we

park or on a computer screen.

do is to satisfy a deep human longing for connection. Everyone needs to feel at home in the world, to be

But we will never turn our outdoor places into

able to build bonds of love with their locality, with

giant adventure playgrounds. Peace and beauty are

~ *

supreme gifts in a high-pressured, uncertain world. Our overriding duty will always be to protect that

In 2010/11 we helped build these connections for

quiet, uniquely local spirit which speaks to us from

millions of people. In spite of economic pressures

each special place in our care. Much of our land is in

and worries over issues such as the future of public

the stewardship of our farm tenants, whose need to

forests, we all saw more clearly than ever why the

make a sustainable living we respect and support.

Trust is needed. Perhaps recession is shifting people’s values – from short-term materialism to a quest for

This meticulous duty of care is the golden thread

things which last – beauty, a sense of the past, nature,

which runs through the Trust’s history. It is why we

fresh air, community involvement.

have made changes to our management structure to localise and give more responsibility and authority to

We aim to meet these needs. Our commitment

* # !

to conservation is as strong as ever, but we now

greater the danger of bureaucracy and centralised

thinking. Now we have put the initiative back where it

contact with beautiful places – through community

should be – in the creative hands of those closest to

allotments, orchards and farms, in local celebrations

our places, the people who know and love them best,

and festivals, through learning and volunteering

with our experts on tap and eager to help.

programmes and through taking part in conservation work. As a result, we are becoming closer to community life in villages, towns and cities across

We are part of a national movement for beauty. | ‚

England, Wales and Northern Ireland. A thing of beauty is a joy forever. People also need to connect with nature. Our Outdoor Nation campaign, launched at 2010’s AGM,

Our job is to protect that often fragile beauty, and

tackles head-on what some psychologists call the

welcome everyone to enjoy it to the full.

U + * < return to our roots. Octavia Hill founded the National Trust so that an increasingly urban society could enjoy ‘the life-enhancing virtues of pure earth, clean air and blue sky’.

" 4 . U ( # Director-General

We are more widely known for our role in caring for historic properties than for coast and countryside. You will read more here about that work, from National Trust Annual Report 2010/11

Director-General’s statement

3

Board of Trustees’report for 2010/11 9

Conservation is central to our

Success also depends on providing

purpose, and we measure and monitor

the public with experiences of the

performance in this area very carefully.

highest quality: visits which inspire

The scope for improvement is almost

people through the quality and liveliness

limitless, so our aim for the year was

with which our places are presented and

that 90% of places whose conservation

explained. Our measure in this area is

X # $

performance was reviewed should register

the percentage of visitors rating their

$ ' ' ( < # ' $'

progress against a range of tough criteria.

visit very enjoyable. In time we hope to

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We ended the year just short of target,

achieve 75% everywhere. We reached

in a much more uncertain climate.

with 82% reaching the benchmark.

this year’s target of an average of 71%, with particularly impressive scores from

2010/11 was record-breaking for membership recruitment, with 652,000 people joining the Trust, reaching a new high of 3.8 million members. Visits too broke last year’s record with 17.7 million visits to pay-for-entry places. Our conservation performance remains strong and we spent record sums on conservation, repairs and improvements at properties. The year had its challenges too: retention of members proved more Q Q our membership system; and people are (understandably) spending less when

3+

they visit. We are keeping a keen eye on

From left to right: Prof. Adrian Phillips, Patrick Casement OBE, Richard Farrant, Simon Jenkins Chairman, Sir Mark Jones, Nichola Johnson, Dame Fiona Reynolds Director-General, Sir Laurie Magnus, Bt Deputy Chairman, Charles Gurassa, Mary Villiers OBE DL, Sir Edward Greenwell, Michael Quicke, Sir Crispin Davis

Q times are spotted early and addressed. 4

some regions and countries: 74% in

to localise, handing more power and

the Midlands and a remarkable 77% in

decision-making to our property and

Northern Ireland.

general managers. We took another step forward this year, restructuring the

We also depend hugely on the

central and regional functions of the

Trust. This had a number of elements,

and volunteers, and we measure their

satisfaction through surveys. Loyalty to

~

‡

and enthusiasm for the Trust are always

in a more integrated way, and enable

high, but there are also frustrations.

faster, simpler decision-making.

This year we tackled a major source of dissatisfaction – the Trust’s own

Such a major change, while

bureaucracy – in our programme to

necessary, was bound to be painful,

simplify decision-making and delegate

involving the stresses of disruption and

*

* |

For our charity to have a sustainable

and dedication, and all they achieved

future, each year we must raise enough

Q * #

income to provide a Net Gain (the excess

part of the change is now complete and

of ordinary income over expenditure)

‡

of 20%, ensuring we have enough

&

money for essential investment in

Q *

the conservation and presentation of our places. Following 2009’s strong

We did not, however, spend all

performance we had budgeted for a

year looking inwards. There were many

better result, but 2010/11 ended with a

highlights: a remarkable public response

Net Gain of 20.1%, which was just above

helped us to buy Pieter Brueghel the

* < ~

Younger’s The Procession to Calvary and

keep it at its home in Nostell Priory,

combined with a determination to make

West Yorkshire. A big programme of

every penny count.

structural work has been completed at #

$ }

Conservation excellence; visitor,

the glory of its unique roof. A major

„

appeal was launched to fund vital work

'

at Castle Drogo in Devon. Seaton Delaval

foundations on which the National Trust

Hall in Northumberland opened for

* †

ˆ

the purpose set out in our founding Act

acquisition – a priceless asset to the local

a century ago, to ‘promote the permanent

community who last year did so much to

save it for the nation.

lands and tenements (including buildings) of natural beauty or historic interest’. In all

The report which follows describes

our actions we bear in mind the Charity

these and other exciting developments

Commission’s guidance on public

alongside our many challenges.

. 4 + 4

* #

Child visiting Osterley Park and House, Middlesex

the National Trust in four simple words:

‰ #

North Somerset

National Trust Working Holiday, Exmoor, North Devon

National Trust Annual Report 2010/11

Finally, we would like to thank the

we exist to care for special places

retiring Trustees for their contribution.

‘for ever, for everyone’.

Sue Davies, Hugh Matheson and Simon Timms have helped to guide the Trust

Though our purpose never changes,

through very exciting times. We also

the way we work has to keep pace with

welcomed the new Trustees – Richard

the ever-changing needs of society. That

Farrant, Edward Greenwell and Nichola

is why last year we made a commitment

Johnson – who joined us this year.

5

The Trust in action ' = # 4+ ' ( $ ' $ ' 4 #( # 4 ' ' ## $ ( '

4 #( ' $ $ (B We are determined to avoid uniformity – the National Trust + Š * # and volunteers with protecting and nurturing the individual spirit of each of our special places, bringing them gloriously to life for people to enjoy. ‹ ˆ KUKŒUU this innovative spirit in action.

E Visitors at Wallington, Northumberland 3+ # Volunteer at Force Crag Mine, Cumbria

3+ Child in the Hall at Lacock Abbey, Wiltshire

6

The Trust in action

A place of magic Alice at Antony

Antony is a tranquil Georgian mansion

to help. For one year we could bring a

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little-known property to the attention of a

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lot of new people.

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Â? &

Carol Murrin

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Clutch, a company specialising in big art

Property Manager

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installations. They knew we didn’t want an

Antony and Saltram

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Alice theme-park but something magical

' Alice in Wonderland.

which matched the spirit of the gardens

9 # H 4 $ #BBB ' '

and set free the imaginations of children.

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And it worked brilliantly.

4B ' H *#4 $ I B Since this was a Disney production,

# †

with Johnny Depp and Helena Bonham-

Carter starring and Tim Burton directing,

and volunteers, with massive toadstools

we expected more visitors to come,

at the bottom, a monstrous caterpillar

perhaps as many as 65,000. In fact over

~

94,000 turned up. We knew we needed to

created by local schoolchildren. Visitors

improve car-parking, shops and catering.

could chase the White Rabbit or join the

But seeing Antony transformed during

Mad Hatter’s Tea Party, play croquet, run

caucus races, or mix potions.

that: to turn it again into a place of magic. Alice is about a wonderland in which

# Characters from Alice in Wonderland, played by members of Burn the Curtain theatre company, on the lawn outside Antony, Cornwall

Rabbits sprang out from a crazy 28-foot high white clock at random times.

# happiness. Many young people and

you lose yourself in new experiences. So

students joined as volunteers, some as

we sat down and shared our wildest ideas

guest-relations volunteers with bright

about how to create a surreal experience

orange bibs saying ‘happy to help’. We did

which children, parents and grandparents

everything possible to make visitors feel

would all enjoy. The donor family was

at home.

enthusiastic. Local schools were keen

The additions easily blend in with the beauty of the gardens, so we can add new things based on a broader storybook theme. Now we’re on the map for families from Torpoint and Plymouth, we want to keep that sense of fun and wonder so they keep coming back. The response to the Alice year blew us away. I loved seeing a family arriving grumpy, but leaving full of smiles, then coming back later in the season for more. ‘

worked so hard to make it a success. I’m so glad we had the courage to take the risk. We are not dumbing down somewhere peaceful and beautiful. We are showing our love and respect for Antony’s spirit of place by inviting everyone from 6 to 96 to come here and let their imaginations run free. Sir Richard Carew Pole of the donor family told me that what he’d loved best about the year was ‘being in my sitting-room, with the window open, hearing the laughter of children in the garden’.

National Trust Annual Report 2010/11

The Trust in action

7

A remarkable achievement Saving the Brueghel

The Procession to Calvary +(

We didn’t have very long to raise the

$' # ' > $ x bz_ b{ z|} `~

money to buy the painting, only from

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the end of September to Christmas.

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The Art Fund launched the appeal with

Alison Harpur

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a generous donation of ÂŁ500,000.

Assistant Picture and Sculpture Curator

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We opened up three channels for

x }|€{`b~ ' ' $ = ##

donations: a mass appeal to members

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of the National Trust and the Art Fund;

4 ' $ = ## (<

individual approaches (particularly to

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local people and those with a strong

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interest in art); and personal contact

. ' ' + # ( ' '

with major donors who had longstanding

$ 4 $' # $ + +#

relationships with us. Our media

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campaign was very important, and was

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supported by a display of the painting at

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the National Gallery and York Art Gallery.

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We were thrilled by the public’s response.

4 ' ' 3 . 4 # ' ' $

had been donated by individuals

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(the most for any Old Master appeal).

It’s a dramatic and fascinating painting.

# Nostell Priory, West Yorkshire, with the North Wing in the foreground

Bottom: The Procession to Calvary, 1602, by Pieter Brueghel the Younger

By Christmas an amazing ÂŁ680,000

ÂŁ510,000 came from Trusts and

Christ is shown carrying his cross, trudging

Foundations, and the National

through a Flemish landscape of the period

Heritage Memorial Fund provided just

in which Brueghel lived, on the way to his

over £1 million. With the Art Fund’s

‡ * ‹

initial ÂŁ500,000, these donations

crowds of people around him, many of

enabled us to reach our target in time,

whom wear contemporary dress. We have

a remarkable achievement.

to search for Christ in the throng of the

The Procession to Calvary is not just a

everyday. I can still remember the moment

great painting in its own right; it’s been

I saw The Procession to Calvary

part of the collection at Nostell Priory

time. I turned into the Breakfast Room

for two centuries. It was great to see it

at Nostell Priory, and my jaw dropped.

displayed at the National Gallery, but

I stood there for a long time, rooted to the

there’s something special about seeing it at

spot, thoroughly drawn in to Brueghel’s

Nostell, where it has formed an important

depiction of the narrative.

part of the Winn collection for so long. In addition to raising money for the Brueghel, we also purchased the remaining pictures at Nostell that we did not already own (over 150) and the complete contents of

~ £2.4 million. Go to Nostell and see it for yourself! There’s so much to discover in the painting, and the more you look, the more you’ll see. And thanks to public generosity, it is now safe at Nostell for everyone to enjoy.

8

The Trust in action

Busy, hectic, fun and a huge opportunity Seaton Delaval Hall one year on

9 ' ' '

own volunteer managers for all kinds of

4 ' # H 6 " # # & ##<

specialist roles, from gardening to drama,

4 $' ' H ( H +

tour guiding to expert conservation.

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Somehow we managed to open on

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time in May, and have since welcomed

# # # ' $

more than 71,000 visitors who have been

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incredibly understanding about the limited

Property Manager

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visitor facilities. Many of the comments

+ $ $ + H # B

they’ve left show they love not just the

| and more than 120 volunteers from the local area. Most were newcomers to

# Members of the local community enjoying the re-creation of the eighteenth-century Festival of the 12th Day

Bottom: Seaton Delaval Hall, Northumberland

place, but the warmth of the welcome and the friendly feel of the property. Each weekend we are hosting a

the National Trust. We knew there were

years of work ahead of us, but right

to keep coming back. Local people will

from the outset we wanted everything

have a reduced price priority pass so they

to be accessible, with no ‘Do Not

can visit whenever they want. We also

Touch’ signs, no rope barriers, and no

decided to stay open all year – essential

one stopping access.

if Seaton Delaval Hall is to become part

We still have a lot of work to do, but we want to take our visitors and local

of everyone’s lives. #

community on the journey with us, to

year was drama. Seaton Delaval Hall’s

see what happens when we take on a

architect, Sir John Vanbrugh, had spent

property. We want them to be able to see

part of his life as a playwright, and the Delaval family were renowned for their passion for the theatre, so we’ve been dramatising chunks of Delaval life. For hundreds of years Seaton Delaval Hall was the hub of local life. We want to make sure that it stays that way, so as well as welcoming visitors, we’re hoping to run training and apprenticeship schemes in areas of Trust expertise. # local urban children experiences of nature, history, wildlife and the outdoors they’d otherwise miss. Most events and activities have a family focus and it’s a perfect place for arts and crafts activities. I love the atmosphere here: it’s busy, hectic and welcoming at the same

* †

we all have great memories of inspiring

performances in the Hall, of families

the opportunity for learning activities

and apprenticeships to local people.

and of the great spirit of the volunteers.

The interior of the Central Hall, the

|

&

dramatic centrepiece of Vanbrugh’s

massive programme ahead. If there’s

*

one promise I can make, it’s that Seaton

Q ˆ

Delaval Hall will never stand still.

out how the local community wants to see this space used. Our volunteer team has come up with lots of ideas. They’re recruited and trained by their National Trust Annual Report 2010/11

The Trust in action

9

The Ranger Team in the Lakes

9 ' 4( d + ' +

have a bright idea we can make it happen.

4 #( ' # # H '

If one of us is a keen mountain-biker with

# ' 4

a scheme for a new route, that can be part

B 4 4 # #

of the job. Another might develop a wildlife

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trail. The scope is endless.

" 3#4

Q9 4 + $ $ ' 4 #( '

Lead Ranger Central and East Lakes

7 B X' ' + #

in an interactive website where visitors can

$ Â… 9 ## ' 4 ' $ (

investigate all the possibilities of the area.

4 ' ' '

The familiar downloadable trails will be

# 4 (+

there, but also information on all kinds of

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other experiences, such as where’s best to

And that explains the reason we’ve all

in Wordsworth’s footsteps, and of course

of inside knowledge about the Lakes, how

all the important information like where to

the area’s evolved, and how to enjoy it to

park or where are the nearest toilets. contact. So the Ranger Service is

to make ourselves more visible, and get

opening new information points around

involved with our visitors if they want

the Lakes. Casual meetings are just as

advice or help.

important, but unlikely if we always go from job to job in our 4x4s. So in some

red and black Ranger uniforms makes a

* ‰

making it easier to stop and chat.

felt uncomfortable interrupting us in our

A top priority is getting close to local

old green work clothes. By contrast, our

people. Most depend on tourism, and

visitors associate the new gear with the

by improving the experience of visitors,

outdoors, ready to help. Now when I’m

we help the local economy. We may also

doing tree safety inspections people ask

launch Trust-branded outdoor activities,

me what I’m doing. That never happened

with local business partners where possible.

before – it’s a great opportunity to explain our work behind the scenes. As rangers, an important part of our

How will we measure success? Our Conservation Performance Indicator measures how well we’re caring for the

conservation work is engaging visitors

* < Q

and local people in what we’re doing.

success in bringing it to life but feedback

It’s everything from a friendly hello to

on the ground so far is great!

running an activity day or setting up a big volunteering project. The key to making the change a success

10

Visitors like person-to-person

Our new Ranger Service is a call to arms

Just changing into our new distinctive

Bottom: Scafell path with Wastwater in the distance at Wasdale, Cumbria

skim stones, or to see the stars, or to walk

become rangers. Between us, we have a lot

the full. So why not share it with visitors?

# Ranger in his new uniform

Bit by bit we’re pooling our knowledge

Most of all I hope more visitors will

ˆ ” * I want people, particularly families,

start. It’s being driven by our thinking. It has

wilderness here in the Lakes. That would

empowered us – now we know when we

make me very happy.

The Trust in action

in volunteering

4 #( # $ $ 44

example at Upton House and Gardens

4 + +

in Warwickshire, baking in the 1930s

$ $ 4+ ## 4 4 #

kitchen and sharing what they are doing

$ $ # †

with visitors. Or at Sutton House in

( ‡ $ 4 $ '

Hackney, where Rosa and her daughter

Rhian Morris

' # $ $ 4 ' $ #B

Chelsea assist with all kinds of events,

X # ( ' # 4 #(

+ # # +

devise the year’s family programme.

Family volunteering

$ † $# <

wouldn’t normally visit the Trust or

#( HB

think about volunteering really enjoying

It soon became clear that our

contributing something and getting a lot

back too. A father at a recent tree-planting

about this new way of working. There

day commented, ‘I really want my kids

seemed to be little or no information on

to grow up to look after things around

family volunteering and very few other

them. This was a brilliant way of doing and

organisations were doing anything similar.

learning about that together. Volunteering

This seemed a fantastic opportunity for us

is a great way of spending time with each

to try out something new, so we piloted

other; we really worked as a team today.’

an approach and found that there were

One mother who came to an event at

*

Knightshayes Court in Devon with her

This initial realisation led us to apply for

family enjoyed the day so much she is

help from the Big Lottery Fund to support

now looking to volunteer with her children

a post to get things moving on a national

regularly and investigating the possibility

scale. We were lucky enough to succeed

of starting some horticultural training with

with our application. And that’s my job.

the property.

Over the past year families have

Bottom: Mother and daughter learning about woodland skills at Clumber Park, Nottinghamshire

It’s been fantastic to see those who

' 4 # # 4

Perhaps the best endorsement

for family volunteering so far came

# * #

from an eight-year-old boy during a

rhododendron-clearing day at Attingham

outdoors, lending a hand with anything

– } * †

from scrub clearing, working in gardens

cancel his plans for the next day (football

to building dry-stone walls.

practice) so he could come back, he said

It has also been brilliant to see families involved in our houses, for

‘this was better than Lego Land!’ }

from delivering activities. A gardener at Beningbrough Hall in North Yorkshire commented: ‘They [the existing volunteers] love this. It gives them a chance to share their skills with a younger generation. We all work together; the visitors think it’s great, they always ask if they can join in.’ The Trust wants to make volunteering an option for everyone and

~ ‡ and when this is possible. The dynamic of involving families in our work has helped us to be more adaptable and imaginative about the ways we get things done and who we get to do it.

National Trust Annual Report 2010/11

The Trust in action

11

Delivering our strategy X ' # 4+ ' +( ( ## # # H 4 4+ ' = # * 4 ## # ## + B 3 ##< # H special places for ever, for everyone ‡ d ' ( H ( ˆ ' ' 4 ' ' ' + # ' H ' # ( " engaging our supporters;

' ' Going local ‡ 4 H $ # # + < ^ ' # ‰ # $ $ 4 # # 4 $ B $ < ' < $ $ # #

" improving our conservation and environmental performance;

Changing how we present and explain the distinctive character of our places – both built and outdoors – to inspire and engage our visitors. We will care for all our places, bring them to life and keep them alive *

" investing in our people; and "

4 $ + ' $' # ' # $ Delegating more, reducing bureaucracy and making faster decisions to create a culture of continuous improvement. We will free up the creativity and

all that they can achieve. We will be sustainable in the long term and not wasteful. 12

" # $

National Trust Annual Report 2010/11

" # $

13

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enjoyable it was. The indicator only records those who rate the visit very enjoyable. Â? $

of the Trust. The score recorded represents the balance between the percentage of members who strongly recommend the Trust to others, minus the percentage who are less likely to recommend it or who speak negatively about the Trust.

#

~

Q

* | that the overall membership did not increase as much as we expected, partly due to higher than usual losses of members during the year. We know that part of this was due to problems with our membership system and in particular its unreliability in issuing new cards – we apologise wholeheartedly to any members

* #

score falling below its target. It is a very high priority to resolve this.

ž ‰ percentage of local visitors to our properties who strongly feel the property plays an important role in the life of the local community. Â&#x; #  Â– < ¥ –<¢ to measure how well we are putting conservation into practice at our properties. Objectives are defined and prioritised for the particular conservation needs of each property. Progress is assessed annually. Our indicator measures the proportion of properties which are reporting an improvement in their CPI score. ¤ |

In 2010/11 we introduced a measure of our relevance to local communities. Although we fell short of our target of 28% of local visitors to a property strongly agreeing that it played an important part in the life of the local

proposition in less strong terms. We will continue to improve our engagement with local communities and develop better measures of progress.

consumption of fossil fuels by 2020. The indicator measures howwe are doing against this target each year. ÂĽ our staff’s commitment to the work of the Trust, their enjoyment of their work and their sense of doing something worthwhile. The score is measured in a range of -2 (strongly disagree) to +2 (strongly agree) based on the strength of agreement to these criteria. §

Our Conservation Performance Indicator shows that 82% of places reviewed increased their score against a target of 90%. However, this excludes a further 7% of places which maintained their score. Maintaining a score, if high, is a disease. In some cases the inclusion in the indicator of new environmental factors such as the management of water supplies or carbon-rich soils caused the scores of individual places to be lower.

the extent to which our property managers feel they have the resources and support to do their job, the authority to take decisions and clarity of accountability. The score is measured within a range of -2 (strongly disagree) to +2 (strongly agree) based on the strength of agreement to these criteria. ¨ `

our volunteers. The indicator measures the percentage of respondents to our volunteer survey who would strongly recommend volunteering at the Trust to others.

& ™š KK›ŒUK ˆ target level of 4%. The very cold December weather and the increased level of visitors to our places throughout the year partly explained this, and we have not been as consistently good across all our places in measuring and managing our

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National Trust Annual Report 2010/11

4

15

Bringing our places to life X ' + # ( 4 ( ' ( 4 + # $ * # B & < $ < H# < ( ‡ ' ' # B Œ $< $ ' $ ' # ( ' B

Opposite: Child visiting The Workhouse, Nottinghamshire

16

$ $ # #

We want each property to glory in its $ # a badge of quality, but not conformity. For us, conservation and public enjoyment are inseparable. They both contribute to our commitment to ‘bringing our places to life’.

National Trust Annual Report 2010/11

17

Bringing our places to life 3 ' I ( X ' 4 + < # ( + ## < 4 ( < + H + ' #+ 4 B But truly bringing places to life involves researching, thinking about the whole visitor experience and then revealing and sharing fascinating stories about people and places. Telling the story of the abdication weekend at Belton House in Lincolnshire, the tragic marriage of the Rodneys at Berrington Hall in Herefordshire or a thirties house party at Upton House and Gardens in Warwickshire provides a vibrant, authentic experience a world away from the hushed gloom of the old country house visit. And when a house like Barrington Court in Somerset or Avebury Manor in Wiltshire becomes empty, we can think creatively about new uses and presentation. Other highlights this year included the Hardy’s Cottage project in Dorset, bringing the novelist’s tough early years to life; the triumphant reopening of | ‹  ~ „ | Powis Castle’s re-creation of its Second World War history. Overall satisfaction scores are rising: a national average of 71% of visitors describe their experience as ‘very enjoyable’. 2010’s free-entry Bonus Time Weekend in March was a great success in welcoming more than 200,000 new visitors to the Trust and above all in demonstrating the warmth of the Trust’s welcome.

18

$ $ # #

Opposite: Family cycling on the Saltram Estate, Devon

7# H 4 $' + # View from the terrace at Powis Castle, Powys

Child trying the billiard table at Dunster Castle, Somerset

Volunteer guide with a visitor at Berrington Hall, Herefordshire

Visitor enjoying a sofa at ‰ ‹ ”

National Trust Annual Report 2010/11

19

Bringing our places to life 9 $ d $' #( 4 4 ## ' ( + 4 ' 4 B Refurbishment projects such as Greys Court near Henley # ~

* < } †

– continues. The lake at Fountains Abbey and Studley Royal Water Garden in North Yorkshire has been restored. At Chedworth Roman Villa in Gloucestershire a project is underway to provide a cover building to protect the property, as well as new visitor facilities and interpretation; the funding for the project is provided by the Heritage Lottery Fund. We approved a programme of investment in the house and its facilities at Mount Stewart, County Down.

. 4 + 4 ÂŽ

Picture Gallery at Attingham Park, Shropshire

The Italian Garden and house at Mount Stewart, Co. Down

The Library at Lyme Park, Cheshire following a three-year restoration project

Charcoal drawing by John Singer Sargent ÂĄU@>¯°U› >¢ `

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– ÂĄU@ÂŻ>°U› ›¢ –  Â–

Getting closer to nature

# < 4 + 4

3 ' 3;Ž + # ' Outdoor Nation< 4+ # H # ' # L † ' ' 4 # # ' B < ˆ *

outdoors and closer to nature. Already more than 275 guides are downloadable for walkers, cyclists and horse-riders. We continue to expand the network of footpaths, with the opening of the Colourful Coast route on the Cumbrian coast, and we have plans for 1,000 miles of new paths in coming years. Lakes Ranger Paul Delaney received royal recognition for helping to restore hundreds of miles of eroded paths through the Fix the Fells programme. ÂŽ Â? |

 ¹ Âą $ walks, Outdoor Gym activities, and new outdoor facilities for children. Natural Play Trails are being created at many places in the South West, pond dipping is Â? Âą ” – Â

Crow Wood Playspace.

20

$ $ # #

– ‡

& on the Penrose Estate, Cornwall

Visitors at Downhill Demesne, Co. Londonderry

Bringing our places to life . $ 3 L # H 4 People jumping into the sea from the rocks at Lantic Bay, Cornwall

Child looking at a frog in the garden at Bateman's, East Sussex.

Child amongst the unfurling leaves of ferns at Trelissick Garden, Cornwall

Plym Bridge Woods, Devon

† } Pembrokeshire during a Family Safari

‚ # ‰ South Milton Sands, Devon

National Trust Annual Report 2010/11

+ ( ' ' ##4 H + * B They can * }

Š hill-walking, wild swimming and camping – as well as opportunities for quiet walks and contemplation. We are expanding opportunities for all kinds of camping, ranging from the glamorous new Yurt Village at Gibside near Newcastle upon Tyne, to weekend tasters for wild camping on Exmoor. A major initiative on cycling was launched across the Trust. It builds on pioneering work at places such as Clumber Park in Nottinghamshire, with its ~

>K ™ KKK * A £1.5 million grant is funding the Cycle Hub Project with partners that include

ÂŽ Â * #

* Children need adventure. We continue to build on our Wild Child initiative, providing bush-craft, den-building and wild food foraging at many places. Fell Foot in the Lakes provides safe water for wild swimming. There is an exciting Wet n Wild holiday programme at Plas Newydd on Anglesey, while Stackpole in Pembrokeshire now introduces children to the thrills of kayaking, coasteering and snorkelling.

$ $ # #

21

Bringing our places to life J ' $ ( 4 3## ' ' $'L # ( # 4 B The Trust is acting, often on a landscape scale, to increase biodiversity. We have announced a ‚ } – �

half-way point in the ambitious Abergwesyn project in mid-Wales. There is international interest in our research at Holnicote Estate in Somerset which,

* On a much smaller scale we re-created a rich marshland environment in three ÂĄÂł*=U ¢ ‹ ÂŽ ‡* |  populations where this is necessary to support red squirrels, such as on Anglesey. } ÂŽ < $

´Â‚ oldest recorded Arctic Tern – a healthy 30-year-old, with at least a million miles

* ‰ ª Tyne & Wear a vital insight into bat conservation. We linked up with BBC Local Radio to follow the progress of our 44 new honeybee colonies, many producing honey to sell locally, encouraging thousands of listeners to create bee-friendly gardens. Restoration of heathland in Purbeck, �

} – ¹ Ž

~ * Although we have had many successes, we are extremely concerned by the increasing frequency of outbreaks of Phytophora ramorum and related diseases

* <

the South West, but we are now anxiously following the spread of the disease into new areas and species, including larch trees. Our experts on plant diseases contribute to debate and planning at a very high level, and we have taken the decision to move our Plant Conservation Programme nursery to a new location in Devon to minimise the risks from this disease. Indeed we face a number of environmental challenges, many of them

* Âą

~

through changes to upland management in areas such as the Peak District, Exmoor, the Lake District and the Welsh mountains. And at places such as   | Š ~ Š

~ * # exceptionally cold winter spells caused problems at places not used to frozen water pipes and deep frosts. As well as Phytophora-related diseases we are also tackling a number of pest species such as the oak processionary moth and tree diseases such as horse chestnut bleeding canker.

7# H 4 ‹

~ Coleton Fishacre, Devon

Hardwick Hall, Derbyshire, in the snow

A red squirrel

Horse riding in the area around Eight Wantz | ‹ Ž ‡

A tern sits on the hat of a warden in the Farne Islands, Northumberland

Gritstone outcrop at the southern edge of Kinder Scout in the Peak District, Derbyshire

22

$ $ # #

Bringing our places to life # $ # # ( X H $ ' + # + # ' ' # # 44 B }

‘

$ the country, bringing together local people and groups for fun and frank conversation about how we can work better together. We are also working with Q ª  ” �

* Events such as the Victorian Christmas weekend at Quarry Bank Mill and Styal Estate in Cheshire or the Jazz Barbeque at Dunster Castle in Somerset help

* ” Š } ‘ } exemplary Restoring the Dunes programme. We help celebrate local, regional or national culture through hosting big events. Llanerchaeron in Ceredigion had the honour of hosting 2010’s Urdd National Eisteddfod. We help local communities to mark the passing of the seasons through harvest days and mass-planting events: for instance at Kingston Lacy in Dorset 100 local people planted 30,000 seedlings to create a stunning ~ *

7# H 4 # Outdoor theatre event at Shaw's Corner, Hertfordshire

Children looking at the guide to Dunster Castle, Somerset

Whose Story? event at Wightwick Manor, West Midlands

Costumed interpreters in Victorian dress at Quarry Bank Mill, Cheshire

Christmas tree with presents in the Tapestry Bedroom at Uppark House, West Sussex

National Trust Annual Report 2010/11

$ $ # #

23

Bringing our places to life ; $ $ ' # . ;# . 4 $ ' ( # €} # ‡ $ $

7# H 4

4 # ' ; > ' 4 $ '

Volunteer working in the allotment at Wimpole Estate’s Community Farm, Cambridgeshire

# # ## H ( < 4 # ' 4 L L ' B † ‡ ¹ ‹  * We reached wide audiences through the BBC’s 45-part Great British Menu series, which

Beekeeper tending bees at Trengwainton Garden, Cornwall

¹ † ‰

by our President HRH The Prince of Wales and The Duchess of Cornwall. We were

�  † ‰ = Food Programme. Trust catering now focuses on local, fresh, seasonal ingredients, and

‘ + produce from the kitchen garden at Heelis, | Q

we are taking part in the Soil Association’s Food for Life accreditation scheme. A major success this year was the hands-on involvement of thousands of people

Child taking part in a Crumble Rumble at Hughenden Manor, Buckinghamshire

in producing food at our properties. The Traditional Orchards Project has involved volunteers and trained people in orchard management skills. Visitors enjoyed orchard activities during the year, from Full Bloom events in blossom-time to harvest celebrations

Display of apples grown in the Kitchen Garden at Hughenden Manor, Buckinghamshire.

in the autumn. With support from Natural England’s 2010 Countdown we restored over 80 orchards and created 20 new ones. Schools competed in Crumble Rumbles to pick, prepare and cook fruit crumbles, with winning times well inside an hour. Schemes like Northern Ireland’s Community Allotments in Belfast and Springhill show the power of collaborative gardening projects to forge strong, positive relationships between the Trust and local people. Our national allotment programme is mushrooming: 70 of our places now provide community allotments where our gardeners can share expertise with new growers. So far 847 allotments have been created against our target of 1,000. In Surrey, villagers are creating a Grace and Flavour community kitchen garden from overgrown land on the Hatchlands Park Estate. Even more ambitious is Wimpole Estate’s pioneering Community Farm in Cambridgeshire, providing weekly boxes of fresh vegetables to those taking part.

24

$ $ # #

Full Bloom Festival at Acorn Bank Garden and Watermill, Cumbria

Bringing our places to life The capacity to surprise 3 L # H 4 #

' ## ( ' ## $ I $

Grass sofa on the lawn outside Osterley Park and House, Middlesex

B It was thrilling that radio DJs and their listeners turned to us as the people who know how to look after things when the famous Abbey Road Studios were threatened with closure. The studios were not, in the end, sold but we enjoyed a few

The Marble Hall at Kedleston Hall, Derbyshire, with Susie MacMurray's installation of a maze of gold threads

days of world-wide publicity. Our Trust New Art partnership with the Arts Council England placed exciting contemporary art in historic settings: a maze of gold threads shimmered across the

Decorative fretwork and tools in the London home where poet Khadambi Asalache lived

Marble Hall at Kedleston Hall in Derbyshire, and Tatton Park in Cheshire hosted its

Bottled fresh air from Stourhead, Wiltshire

†

' ‡ }

second Contemporary Art Biennial.

London terraced home of Kenyan poet Khadambi Asalache, whose richly decorated The house and garden at $ Q – ‡

KU * # $ Q – ‹ on Thames in Oxfordshire, was the home of the car manufacturer and philanthropist William Morris. The house tells the fascinating story of the man who transformed so many people’s lives yet lived modestly despite his great fortune. In an innovative move

Š

$ Q College, Oxford if we cannot make it successful. ÂŽ # ˆ ÂŞ ÂŽ < – a ‘green’ chill-out zone imbued with calming natural sounds to refresh the spirits of the festival-goers. More than 10,000 people sat on our Grass Sofas in ‘open-air sitting-rooms’ at places including Osterley Park and House in Middlesex, Lanhydrock in  Â”

‘

‹  * < bottled air from beauty-spots to publicise our fresh air campaign.

National Trust Annual Report 2010/11

$ $ # #

25

Performing at our best X J + � + (< ' ##( ' ( ' $ 4 $ HB X ' # ( + ## +( 4 I # 4< # $ L # B ' '( ' ( # `€b ' $ ( ## HB

But sheer size can threaten that vital B 6 † # 4 4 ' + < ' 4 $ I ' ' $ # ( H 4 B So they need to be sure of three things. First, that the Trust is moving forward in a clearly agreed, positive direction, driven by a compelling vision of the future. Second, that they have the resources – human and Š

* † experience and know-how are shared across the organisation. Our change programme was built on these

&

Q *

Opposite: Lyme Park, Cheshire

26

4 $ +

National Trust Annual Report 2010/11

27

Performing at our best First principles 7# H 4 #

4 $ + 4 # $ ( ' $ $ ' ( ' 4 < # # < ( B

<

& ‹

| Q

We introduced a new structure for our organisation driven by clear goals. | $ # to bring our places to life in imaginative and distinctive ways. In a big

~

‡

‡ *

Shelling fresh peas, for pea soup, one of the delicious dishes served at National Trust restaurants

Volunteer costumed interpreters looking into the School Room window at The Workhouse, Nottinghamshire

‘ ‘ Department in Warrington

A Conservator working on the canopy in the Long Gallery at Hardwick Hall, Derbyshire

Heavy horse handler at Wimpole Home Farm, Cambridgeshire

28

4 $ +

Performing at our best . 4 I # " # ( † 4 +( ' $ ' # $ # ’ B More creative, collaborative roles have replaced hierarchical structures. In a nutshell, we have: " reduced the number of English regions (we combined the East and West Midlands into the Midlands; Devon & Cornwall and Wessex into the South West; and South East and Thames & Solent into London and the South East – there was no change in the North West, Yorkshire & North East, East of England and the countries of Wales and Northern Ireland); and created a new, more outward-facing role for Country/Regional Directors and their Advisory Boards to help us reach many more people; " created an expert national consultancy within which our talented specialists work to provide integrated advice to property and general managers; "

structure for the teams who provide a framework for our conservation and supporter services and a stronger brand, marketing and commercial presence for the Trust; and "

Q

whole organisation.

&

* New structures are supported by new ways of working and clearer rules and responsibilities. Though there is more to do, we have made progress. We have swept away over a thousand instructions and guidance notes and introduced a new Rulebook with just 56 simpler rules. Improved management information is revolutionising managers’ ability to make decisions, and a consistent ˆ Q our projects. Our new Property Finance scheme gives property and general managers much greater control over their budgets and they keep half of any surplus against budget they generate. Training through Spirit of Place courses

* . 4 + 4 Â? & being generated by the biomass boiler at Castle Drogo, Devon

Working together at Heelis, Wiltshire, Q

Castle Drogo was named Best Visitor Attraction in Devon in the Visit Devon Tourism Awards

#

~

* † the Trust won Visit England’s Outstanding Contribution to Tourism award. Castle Drogo was named Best Visitor Attraction in Devon. The Trust in Northern Ireland won the NI Tourist Board’s Outstanding Contribution to Tourism award. Britain’s top art conservation award went to Hanbury Hall in Worcestershire for the stunning restoration of its wall-paintings. Our touring garden exhibition was chosen as Best Green Event by the Global Green Awards. | –

† ‰ & † the restoration of the Black Beaches in Durham, where the Trust has been a leading partner, was chosen as the UK nomination for the Council of Europe’s prestigious European Landscape Award.

One of the wall-paintings at Hanbury Hall, Worcestershire

National Trust Annual Report 2010/11

4 $ +

29

Performing at our best # $ 6 +# 4 ' ' B We rely on a virtuous circle of great conservation inspiring mass support, which generates the income to invest in further conservation and visitor improvements. For every ÂŁ1 we earn, we ensure that 20 pence is available to reinvest in our core purpose. We call that target 20% Net Gain.

Opposite:

|

$

ÂŞ

K*Uš

Q ‡

environment. We expect next year to be even tougher. Membership rose again to 3.8 million with a record 652,000 new recruits, on target to reach our 2020 vision. Our worry is the number of people who decided not to renew their membership – a total of 527,000. Contributing to this were problems with the Customer Relationship Management system we implemented last year, which underperformed at times. Full resolution will take some time, but we are working hard to ensure we issue membership cards on time and process subscriptions correctly.

7# H 4

We had a record 17.7 million visits to our pay-for-entry properties. Member visits are going up each year but paying visits saw a decline of 4%. People

cottages fell by ÂŁ3.4 million to ÂŁ21.7 million. We need to continue to innovate Âś

right is a major priority.

New catering displays for National Trust cafĂŠs and restaurants, seen here at Coughton Court, Warwickshire

Fundraising, however, went extremely well, especially legacy income which was ÂŁ4.2 million ahead of budget at ÂŁ46.2 million, although down on the very high levels seen in 2009/10. We were very grateful for Heritage Lottery Fund grants for Morden Hall Park in London (ÂŁ990,000) for its ‘Heart of the Park’ project, Chedworth (ÂŁ700,000) and our Skills for the Future programme (ÂŁ529,000), which trains new conservation specialists. The Wolfson Foundation generously supports a number of our priority conservation projects, and we also thank the National Gardens Scheme for funding our Gardens Careership scheme, the ÂŞ | ÂŽ  $ Heritage Memorial Fund for supporting the appeal to save Nostell Priory’s Âą ¡U*K™ * ”  Ž * | commitment and generosity of the Croome Court Appeal Committee under the leadership of Chairman Lord Flight. † this year. There have been countless opportunities to read, hear or see about the National Trust in the media this year. Our media team were named $ # ¸   Â† *

30

4 $ +

|

 Â? ‚

Emley Farm House, a National Trust Holiday Cottage, at Bowlhead Green, Surrey

The cascade on the River Wandle in Morden Hall Park, London

Conservation of Ham House Queen’s Antechamber wall-hangings

National Trust Annual Report 2010/11

31

Performing at our best 9 +# # X # ' ' 4 ' z <b # ' + |Bz 4 ## ' ' ( < ' ' 4 #  € 4 ## B Their enthusiasm is palpable but must never be taken for granted. This year’s volunteer survey showed that we could do much better

* >š + involvement, and only 58% would ‘strongly recommend’ volunteering at the National Trust to their friends. We are working hard to understand better our volunteers’ needs and aspirations so that we can improve these results. A number of encouraging initiatives to expand volunteering are underway, including a National Family Week and Big Lottery-supported Family Volunteering Project in 17 Trust locations. The results so far are very impressive. The main targets were people with little or no existing connection with the Trust. The family groups involved responded very enthusiastically to a wide variety of opportunities – from heavy outdoor work to tour guiding and costumed interpretation. A new emphasis on skill-building has seen programmes in tour-guide training and six Volunteering Exemplar pilots designed to make much better use of volunteers’ individuals skills. More than 850 young people were involved in Revolution, the Trust’s youth volunteering festival at six sites in the South West. Ullswater’s Wallathon Weekend in Cumbria was a spectacular example of mass volunteering. Expert wall-builders and volunteers rebuilt a stretch of dry-stone ~ * # standing in 250 years.

32

4 $ +

Opposite: Knight in armour talks to visitors at Chirk Castle, Wrexham

7# H 4 Jelly-making in the kitchen at Lanhydrock, Cornwall

Volunteer room guide and visitors at Croft Castle, Herefordshire

Volunteer costumed interpreters at The Workhouse, Nottinghamshire

Volunteers repairing a dry-stone wall with reclaimed estate stone and new stone from a local quarry on the estate at Lyme Park, Cheshire

Volunteer room steward at Charlecote Park, Warwickshire

National Trust Annual Report 2010/11

33

Performing at our best 3 $ +#( X # + 4 # ' ‡ $ $ < # * # +d ‡ ( ' $ B Some of our activities have a particularly clear social and environmental purpose. For example, the three-year Getting into the Past partnership with The Prince’s Trust ended this year with 79% of the 1,166 young people involved moving into employment, further training or volunteering. The independent evaluator described it as ‘an exemplar of good practice’. One hundred and nineteen young people were employed at 49 sites as part of the Government’s Future Jobs fund – now unfortunately a victim of public spending cuts. We are creating and funding a new three-year apprenticeship scheme in traditional conservation skills and have begun a graduate internship programme. We have worked with The Prince’s Foundation for Architecture and the Built $ – †

” � * | National Trust membership to all our tenants to recognise the important role they play as stewards of our land and tenanted houses, and we will engage them more closely with our work. Our ! " # report set out our ambitious programme for halving our dependence on fossil fuel by 2020 by switching to renewable sources of

& ‡  ”  ` ‡ named best village in the Independent’s Green Awards 2010. In Northumberland Wallington’s ground-breaking research into estate-wide carbon use has exciting implications for community biomass heating, wind generation and managing carbon stores in land. # ª

& Ž – * | wood-burning systems are being introduced in many places, including #

$ }

´ ‹ ÂŞ | } ‡* # # | ÂŻKš & renewable sources by 2013.

. 4 + 4 Stone Mason working in his studio at Hardwick Hall, Derbyshire

Solar panels, and drying beach towels, at Bosigran Farm, Cornwall

Pen y Fan in the Brecon Beacons National Park

The waters of the River Dulais are used to make Aberdulais Falls, near Neath self Q &

– & Plant in Time event at Saltram, Devon

Wakehurst Place, West Sussex, the country estate of the Royal Botanic Gardens, Kew and our most visited property

34

4 $ +

Performing at our best J $ $ 4 3 L # H 4 Gilt-brass wirework on one of the bookcases in the Library at Hartwell House, Buckinghamshire

Wardens working on the drainage in the blanket peat on the High Peak Estate, in the Peak District National Park, Derbyshire

Visitors reading a map at Great Langdale, Cumbria

Woodland path on the Ashridge Estate, on the border between Hertfordshire and Buckinghamshire

3 ; 4 J $# Ž ( + $' ' $ +# # ( ' ' ' # ' ' +# B For example, we have been deeply involved in debates over the environmental ‹ }

# countryside between London and Birmingham – and especially some beautiful parts of the Chilterns – would have a direct impact on inalienable land at Hartwell House near Aylesbury, which we hold on a long lease from the Ernest Cook Foundation. Our visibility in the furore that greeted the proposal to transfer the public forest estate into new forms of ownership and management led to our Director-General being appointed to serve on the panel charged with

* |

Big Society changes proposed in the Public Bodies Bill which was radically altered, partly in response to our concerns. Elections in Wales and Northern Ireland have brought changes whose implications we will also follow. We are facing unprecedented numbers of requests to take on properties that * ‘

risk. We continue to work with English Heritage to support the removal of the eyesore that is the existing Stonehenge visitor centre and to support the new one to the west of the Stones. We published a detailed report on land management as a contribution to the Government’s Natural Environment White Paper and also completed a four-year project to register title to all our land in England and Wales with the Land Registry.

National Trust Annual Report 2010/11

4 $ +

35

Highlights of the year 3+ May: Monty Don, Dame Fiona Reynolds and Simon Schama taking part in a debate at the Hay Festival

Right: October: National Trust AGM 2010

# February: child climbing on tree roots at Lydford Gorge, Devon

# March and September: Giant's Causeway, Co. Antrim

Bottom: May: winners of the Great British Menu

March

June

‡ Bonus Time free-entry weekend attracts more than

‡ Restored Tintoretto rehung at Kingston Lacy in Dorset

200,000 visitors

‡ Our Director-General Fiona Reynolds gives 2010 Magna Carta

‡ £9.25 million grant received from the Northern Ireland Tourist Board for Giant’s Causeway Visitor Centre

Lecture on rights of access to beauty, nature and heritage

July

April

‡ 30th anniversary of National Heritage Memorial Fund, during

‡ Outstanding Contribution to Tourism award from Visit England

which time it has contributed £72.6 million to the National Trust ‡ Grass sofas arrive at a selection of our places including Osterley

‡ #

$ }

ÂŞ < listed buildings in recent times to be heated by wood fuel

Park and House in Middlesex, Lanhydrock in Cornwall and Little Moreton Hall in Cheshire

May

August

‡ The Trust organises debates at the Hay Festival on the subject

‡ Launch of Neptune Appeal for coastline on the Llyn Peninsula

of Quality of Life

in North Wales

‡ Final of BBC2’s 45-part Great British Menu features the Trust’s President HRH The Prince of Wales and many tenants 36

& $'# $' ' (

‡ Â

~ ‡  ‚

3+ June: Zusannah Soinska of the Hamilton Kerr Institute retouching the Tintoretto

3+ † ' #

$ }

# November: rock formations at Kinder Scout, Derbyshire 3+ August: Llyn Peninsula, North Wales

E Â? ' ~ Plant in Time event at Saltram, Devon

6 4+

" 4+

‡ Tap-water promotion rolled out to all properties

‡ Trust responds to publication of proposed route for High Speed

‡ Construction of the new Giant’s Causeway Visitor Centre begins

+ ‡ Annual General Meeting held at STEAM and Heelis, Swindon ‡ Awards given to 21 food and drink producers and 32 products at the 2010 National Trust Fine Farm Produce awards for farmers and growers from National Trust estates

= 4+ ‡ Completion of the acquisition of Khadambi Asalache’s house in South London ‡ Announcement of a major conservation project on Kinder Scout in the Peak District

Two rail link through the Chilterns ‡ A Plant in Time touring garden wins Best Green Event award at global Green Awards 2010

January ‡ Trust responds to the Government’s announcement on future of the forests ‡ Brueghel’s The Procession to Calvary saved for Nostell Priory in West Yorkshire after successful three-month appeal

. + ( ‡ Launch of Getting outdoors and closer to nature ‡ Start of joint Eastern Moors conservation project with RSPB to co-manage this part of the Peak District

National Trust Annual Report 2010/11

& $'# $' ' (

37

Future plans Vision

Focus

|

2020

During the next three years we are focusing on Going local

Vision. It commits us to build support for the Trust so that

to free up our property managers and bring out the special

by 2020:

character of each of our places. The priorities to achieve this will continue to be bringing places to life and performing at our

" everyone in England, Wales and Northern Ireland will feel like a member;

best, but we will add a new one: getting people outdoors and closer to nature. We know that one of the ways of reaching the wider population is to become much better known for our work

" *

in the coast and countryside; and we also know that we need to engage more deeply with urban communities. We’ll begin this by

This means that by 2020 everyone in England, Wales and

exploring a number of pilot projects in our major cities.

Northern Ireland should have heard about us, know what we do and feel positively towards us.

7# H 4 # Volunteer helping a child to dress up in historic costume at Little Moreton Hall, Cheshire

Mam Tor, part of the High Peak Estate, Derbyshire

Hurst Street and Inge Street which enclose Court 15 of the Birmingham Back to Backs

38

Future plans

Three priorities

}

in the next

Over the next year we will complete the implementation of our

three years:

new structure and the changes associated with it, simplifying decision-making and delegating more. The new parts of the

" + $ $ # # through imaginative, warm-hearted and inspiring storytelling, so that people

#

accountabilities and responsibilities.

will want to return time and time again to discover more and tell others about it;

|

* ‘

" helping people to $ #

presented on this next year.

by giving visitors more reasons to explore in the open ‡

During 2011/12 we will fund a major increase in what we spend on

a more positive welcome in the countryside; and

conservation. We have agreed to provide an additional ÂŁ30 million on top of the ÂŁ100 million we already allocate to properties. Among

" 4 $ + – completing our change

other projects we have agreed a renewal programme costing

ÂŁ15 million (much of which will need to be raised) at Knole in Kent;

and a ÂŁ6 million project to re-service Mount Stewart in Northern

ˆ *

Ireland. Appeals include a campaign to buy the 242.81-hectare (600-acre) Llyndy Isaf Farm in Snowdonia, and a £6 million appeal to save Castle Drogo in Devon from irreversible damage. Work has started on new £18 million visitor facilities at the Giant’s Causeway where the vast majority of the work is being done by local Northern

7# H 4 #

Ireland companies. We are providing ÂŁ10 million to address the

Belly boarders brave the cold at Chapel Porth, North Cornwall

backlog in our let estate, much of which will deliver a positive

Visitors in the garden at Bateman’s, East Sussex

Among outdoor developments we will be extending the Trust’s

*

* | ‡ | Festival in October 2011 to involve at least 150 properties and we

Outdoor theatre production at Dudmaston Estate, Shropshire

UKK U KKK footpaths. There will be a new programme of cycling events both *

Visitor reading the room guide in the North Gallery at Petworth House, West Sussex

National Trust Annual Report 2010/11

Future plans

39

in brief 6 44 ( 6 4 ' = # * # ' ## $ $ ( * ##(B X' # 4 4 d 4 4 ' ## # $' #(< ( ' 4 # B 3 ## 44 ( ' * # # ' ( $ ' . # U $ _ __B

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Thank you for the help of many partners, the generous support of our many sponsors and the ‹ ”

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*

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National Trust Annual Report 2010/11

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statements Note 11).

* +

41

Financial review 9

Commission permitting us to distribute part of the capital growth, along with the income arising on our investments, to properties. This important

KUKŒUU ‡

facility made an additional ÂŁ20.6 million of income available during

Kš $

ÂŞ Âœ¤.

2010/11 and helped us to continue to grow our conservation project work,

Achievement of this target enables us to invest in bringing our places to

despite income streams coming under pressure.

life, an ambition that has renewed focus now that we have embarked on

# #

a wide-reaching change programme designed to place properties at the

but still stands at over ÂŁ60 million (2010: ÂŁ94 million). The ÂŁ33 million

heart of everything we do.

KUKÂŒUU ¡Â™>

+$

}

of £29 million (2009/10: £0.1 million) – in other words our outgoings

small increase in the estimated cost of future payments to pensioners.

of ÂŁ442 million exceeded our income of ÂŁ413 million. This has arisen

Our pension commitments are long-term obligations that are being

because of a number of exceptional items of expenditure, particularly

addressed through planned increases in contributions to the Pension

acquisitions and large projects, as well as a reduction in some income

Scheme over the next 22 years. The next full Scheme valuation will take

streams – especially the commercial contribution and legacies.

place later this year.

During the year a number of important acquisitions (such as the contents at Nostell Priory) lifted total acquisition costs ÂŁ6 million higher

9 4 # (< 4

than in 2009/10. In addition to this we increased substantially the amount of money spent on capital projects and cyclical repair work – an

† #

¡Â› *

Trust is managed. We report here on the main policies; full details are

¡¯ ¥

$

UU

* The Trust’s funds are invested in one or more investment pools

for more details).

depending on the nature of each fund and the likely timing of any

main income streams but this trend stalled for membership income and

drawing from it. The largest investment pool is the General Pool, which is

commercial contribution in 2010/11. Membership income fell back by

ÂĄ

$

™

¢*

ÂŁ1 million despite the growth in the number of members. This was because

The investment policy for the General Pool is to maintain and enhance

`†#

the capital value of our assets and to produce, as far as possible,

KUKÂŒUU

~ * ³@š –

cases by operational issues with our membership system. Commercial

invested in UK and overseas equities. The balance is invested in bonds,

contribution was ÂŁ3 million lower despite a 3% increase in visitor numbers

property and alternative assets including hedge funds and commodities.

because people spent less during property visits. We also saw a reduction

In the year to 28 February 2011, the total value of all investments

in income from commercial partnerships. Finally legacy income decreased

increased from ÂŁ889.2 million to ÂŁ967.6 million. As noted above, the

from the very high levels seen in 2009/10, falling by ÂŁ4 million.

General Pool comprises the majority of Trust investments, and its

However, 2010/11 saw a continued and strong recovery in the value of

funds under management rose from ÂŁ826.2 million to ÂŁ904.1 million

the Trust’s investment portfolio. Investment gains in the year amounted

* # –

to ÂŁ92 million. We have a long-standing arrangement with the Charity

ÂŁ908.1 million (as at 30 April 2011).

42

. #

In terms of investment performance (measured over the calendar year

Only 17% of the Trust’s reserves are unrestricted and can be used

2010), the General Pool fund managers delivered a combined return of

to cover the general obligations of the Trust. The ÂŁ162.3 million of

13.0% against a benchmark of 12.3% and an average charity return of 13.6%.

unrestricted reserves at 28 February 2011 is shown after the deduction of

For the three years to 31 December 2010 the Pool achieved a return of 2.6%

¡¯K*> #

against a benchmark of 3.6% and an average charity return of 2.6%.

* #

40% of the General Pool is managed by JP Morgan Asset

ÂŁ222.9 million, of which ÂŁ31.7 million has been designated to provide

Management, and in 2010 this manager matched the benchmark set

development funding to properties, and ÂŁ20 million has been set aside

by the Investment Committee with a return of 14.7%.

to ensure that a shortfall in legacy receipts in any year will not result in

In December 2010, JP Morgan’s mandate for managing overseas

disruption of work on properties. In addition to this, ÂŁ63.3 million has

 Â‡

~ ‡

of underperformance. A sum of ÂŁ175 million in assets under management

¡³¯*=

#

was transferred to a new Global Equity mandate run by Longview

and projects. This leaves the General Fund (ÂŁ31.5 million) as the only true

Partners LLP, benchmarked against the MSCI All Countries World Index.

free reserve available to the Trust.

Longview has been set a target of outperforming this index by 3% annualised over a rolling three-year period. Longview now manages 21%

The Trust’s unrestricted reserves, though they have grown over time, Q

*

of the General Pool. Newton and BlackRock manage the balance of the General Pool.

Reserves policy

These managers are tasked with achieving a target return of RPI +5% per

In the light of these pressures, the Trustees have established a number

year. For 2010, BlackRock delivered a return of 10.1% against a target of

of stretching reserve targets. The main features of our reserves policy

9.8%. Newton also exceeded the target with a return of 11.1%.

are as follows:

Our Charity Commission scheme (further details of which are given $

™

¢

‡ *

" reserves are an inherent part of the Trust’s risk management process. The need for reserves will vary depending on the Trust’s #

Reserves

faces at a particular time; " the need for reserves will be assessed as part of our strategic

$

planning process, currently on a three-year cycle. The need to build

Our purpose is to conserve places of historic interest or natural beauty

up reserves will also be taken into account in the annual planning

* #

and budgeting process;

declaring properties inalienable. This unique power is the cornerstone of the Trust’s work. Property declared inalienable cannot be sold or mortgaged, and cannot be compulsorily purchased against the Trust’s wishes, without invoking a special parliamentary procedure. Once the National Trust’s Trustees have declared property inalienable, they cannot reverse that declaration. Protecting the nation’s heritage ‘for ever, for everyone’ is a massive  *

" reserves exist either to provide short-term protection against ~

„ " the reserves policy balances the need to build up long-term reserves against the need for short-term spending on our core purposes; " #

long term to provide much-needed investment income for under-endowed properties; and

Inalienable properties and other properties held for preservation bring

" new acquisitions should be fully funded through the establishment

with them a permanent responsibility for their future care that imposes

of a separate endowment fund, if necessary, and hence should not

*

need to be supported by the General Fund.

The scale of our cyclical repair work is enormous. Despite consistently increasing our expenditure on conservation repair work year on year,

#

*

this is not meeting all our annual repair needs. In addition we have an  *

The General Fund

Our approach has been to do all we can to ensure that the backlog

ÂŁ31.5 million (2010: ÂŁ31 million) against a target of ÂŁ43.3 million.

does not increase, by careful targeting of short-term cyclical tasks.

The General Fund, which represents the Trust’s working reserve,

These short-term cyclical tasks and other small property projects, which

helps us ensure that we are able to continue with our obligations in the

amounted to ÂŁ33.3 million in 2010/11, are now reported within routine

event of a shortfall in income or sudden upturn in expenditure. The

property running costs following a change in our accounting policy this

Â

* # ~ *

income ÂœÂĽ. The General Fund has increased in value by ÂŁ0.5 million and

National Trust Annual Report 2010/11

. #

43

now represents approximately 2.2 months’ cover, up from 2.1 months

maintenance. These funds have either been received as a gift or have

at February 2010.

been established by the Trustees from the Trust’s own funds.

The General Fund has experienced net outgoing resources during

These funds all generate investment income and, in some cases, fund

Š

operating and project expenditure. The annual net incoming resources

$

UU* $

¡Â™*U

from funds are in principle allocated to the fund categories which

by investment gains of ÂŁ1.8 million and net transfers in of ÂŁ1.7 million.

generated them. However, in some cases it is necessary to transfer funds between categories.

Property Transformation Fund ÂŁ31.7 million (Under-endowed property and backlog reserve 2010:

Uses of the General Fund (Note 20) The General Fund is the Trust’s working reserve. When an individual

ÂŁ34.2 million). There is no target for this fund. The Trustees approved the redesignation of the funds in the

Special Trust property’s expenditure exceeds its income, and where it has

Under-endowed property and backlog reserve to create the new Property

ÂŞ ÂŽ Q

Transformation Fund. This fund has been set aside to provide capital

income is generated by the Special Trust property to reimburse the

General Fund. In addition, a transfer is made each year from the General

by Property Business Plans where no other funding is readily available.

Fund to the Fixed Asset Reserve to fund the increase in the Trust’s

During the year this fund also covered the costs of the programme of

‡

*

backlog environmental works that the Trustees approved in previous years when the Under-endowed property and backlog reserve existed.

We may also decide, subject to the availability of funds, to use the General Fund:

During the year, expenditure of ÂŁ5.3 million has been incurred on property development projects and backlog environmental work, which

" to help pay for an acquisition;

¡ *@ *

" to fund a transfer to the Maintenance Reserve; and " to pay for a special project for which no other sources of funding

Maintenance Reserve

can be found.

ÂŁ20 million (2010: ÂŁ20 million) against a target of ÂŁ20 million. This reserve protects the Trust against a fall in legacy income. The

KUUÂŒU *

After making these transfers, the balance of the operating contribution is retained in the General Fund as part of the Trust’s reserves.

Fixed Asset Reserve ÂŁ63.3 million (2010: ÂŁ60.5 million). #

‡

* # ª Ž in order to meet this target. In 2010/11, the Trust invested substantially ‡

<#

necessitated an uplift in the value of this fund.

Other designated funds We have established various other designated funds. These are set out $

K

funds set up at the Trustees’ discretion. These funds include amounts set ˆ

*

Sources and allocations of funds

Âœ¤ Net Gain is the excess of ordinary income over

The Trust’s funds are divided between unrestricted funds, restricted funds and endowments. Restricted funds include gifts, appeals income,

expenditure of the National Trust. It includes investment gains distributed to properties under the total return policy but excludes legacies,

the reserves of Special Trust properties (properties with their own

capital grants, acquisitions, capital projects and

¢ * ´

conservation tasks. More information is provided

funds include the Trust’s General Fund, other reserves and legacies

@ * ÂœÂĽ Total General Fund incoming resources (Note 20

given for any Trust purpose. Endowment funds are those established

¢

for properties to provide income over the long term to fund their

and the costs of charitable trading activities.

44

. #

3 4 4 $ 4

6 # #

The Board of Trustees has ultimate responsibility for what the National

6 < $ 4 $ 4

Trust does, consistent with section 97 (1) of the Charities Act 1993, which states that charity trustees are ‘the persons having the general

Statement of the Board’s responsibilities as Trustees

control and management of the administration of a charity’. The Board of

We, as Trustees, are responsible for preparing the Trustees’ Report and the

Trustees currently has 12 members, all appointed by the Council.

*

The Council is the guardian of the spirit of the Trust and of its

The National Trust Act and the Charities Act 1993 requires us as Trustees

long-term objectives. More information on the Council can be found on

* ´

=ÂŻ  =›°>K*

´

‚

# Âą #

Generally Accepted Accounting Practice (United Kingdom Accounting

new governance arrangements introduced a Board of Trustees in 2005.

Standards and applicable law) and the Charities SORP 2005. We must not

The Council’s Nominations Committee for the appointment of Trustees

completed its work to recruit three new trustees to succeed Sue Davies,

$ #

Hugh Matheson and Simon Timms who had each completed two terms

$ # * <

'

Q * ‰ Ž ª

$ Âş

" select suitable accounting policies and then apply them consistently;

appointed for an initial term of three years. A list of the current members

" make judgements and accounting estimates that are reasonable and prudent;

of the Board of Trustees is on page 83. We amended the rules for extraordinary general meetings of the National Trust in order to reduce the risk of supporters’ money being spent unnecessarily on costly meetings instead of furthering the Trust’s

" state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and

‡

„

core purposes. We also made a minor amendment to the rules about the

"

establishment of committees and advisory panels and revised the terms

it is inappropriate to presume that the National Trust will continue

of reference for Regional/Country Advisory Boards, previously known as

in business.

Country/Regional Committees. Our Parliamentary Scheme can be found at www.nationaltrust.org.uk/govhandbook. In October 2010 we held another successful AGM in Swindon. An account of the meeting can be found on page 86. We are founder members of the International National Trusts

|

Â

Q to show and explain the National Trust’s consolidated transactions and disclose

$ #

Organisation (INTO) and we host the INTO Secretariat at our London

with The National Trust Act 1971 and the Charities (Accounts and Reports)

Q ™ 

† ª

}|U* <$#

´Â‚

Regulations 2008 and the Charities SORP 2005. We are also responsible for

(charity number 1128224), with the object ‘to promote the conservation

safeguarding the assets of the National Trust and hence for taking reasonable

and enhancement of the natural and cultural heritage of all nations

steps for the prevention and detection of fraud and other irregularities.

’. Through co-operation,

We are responsible for the maintenance and integrity of the

co-ordination and comradeship, INTO enables people to exchange

National Trust’s website. Legislation in the United Kingdom governing

information, and develops and promotes best practice.

from legislation in other jurisdictions.

Statement on disclosure of information to the auditors #

Œ audit information of which the National Trust’s auditors are unaware and that they have each taken all the steps that they ought to have taken, as Trustees, to make themselves aware of any relevant audit information and to establish that the National Trust’s auditors are aware of that information.

Governance volunteers A large number of individuals are involved, all in a voluntary capacity, in our governance processes. This section of the report describes the many ways in which governance volunteers play a role in supporting the management and administration of the Trust. Since 1 September 2005 we have been responsible as Trustees for the administration and management of the National Trust. We currently

National Trust Annual Report 2010/11

3 4 4 $ 4 6 # #

45

6 # # (continued) comprise 12 members, all appointed by the Council, following the

The Council appoints the Board of Trustees and holds us to

recruitment processes set out in our 2005 Parliamentary Scheme.

account. It also appoints the Chairman and Deputy Chairman of the

Recommendations for the appointment of Trustees are made to the

Trust. The Council’s report to members on its activities is presented on

Council by a Nominations Committee set up for that purpose. Currently

pages 49 to 50. A number of Nominations Committees are set up by

eight of our members are Council members, with the remainder being

the Council to help with various election and appointment activities

external appointments. An induction programme is designed to inform

throughout the year.

#

#

& planning arrangements and the delegation framework which shapes the

U $ # 7 ( 3 (

decision-making processes. Ongoing training is also provided. Regional/Country Advisory Boards (previously known as Country

7 44 '

‰ Â

¢ # operating in the English regions (now reduced to six in number, as

We have four standing committees which help us with our work.

explained on page 29), Wales and Northern Ireland. These Advisory

Their members are listed on page 84 of this report:

Boards work on a voluntary basis and they do not have executive powers, but as Trustees we receive their advice on important issues and receive

The Appointments Committee

This comprises members of the Board plus an external member.

issues, as needed. Regional and Country chairmen are appointed by the Board of

It recommends to us suitable candidates for committees of the Board, chairmen of Regional/Country Advisory Boards and chairmen of advisory

Trustees on the recommendation of our Appointments Committee.

panels, and maintains an overview of non-executive appointment

Members of the Advisory Boards are appointed by their chairmen on

processes generally across the Trust.

the recommendation of their respective appointments subcommittees, which include an external member. A list of the members of these

The Audit Committee

Advisory Boards is provided on page 84.

This assists us in discharging our oversight responsibilities, by overseeing

3 ( #

* < #

# # ‡ ' † &

control, risk-management and compliance systems, the Trust’s

Architecture, Arts, Gardens & Parks, Land Use & Access and Nature

internal audit function and the external audit function, including

Conservation. We also have a Commercial Panel which works closely

recommending and assessing the performance of the external

with the Board of The National Trust (Enterprises) Ltd (see below) and a

auditor. During the year, the Committee reviewed the appointment of

Learning Panel. The panels are made up of leading experts in each of their areas who

PricewaterhouseCoopers LLP as external auditors and recommended

# * †

to the Board of Trustees their reappointment.

the members of these panels is provided on page 85.

The Senior Management Remuneration Committee

The Board of Trustees appoints the chairmen of these panels on the

This manages the remuneration and terms of employment of senior

recommendation of our Appointments Committee. Each chairman is

managers in the National Trust, and reviews the Trust’s succession

responsible for the appointment of suitable experts to his or her panel.

planning and development activity for senior management.

Service arrangements The Investment Committee This reviews the management of our investments on our behalf.

All our governance volunteers described in the above groups are unpaid,

The Committee recommends to the Board of Trustees an appropriate

although expenses are paid.

& and monitors their performance against agreed benchmarks.

& & & # E 4

The Council

Historic House Hotels Limited is, as a result of an extraordinarily generous gift, a wholly owned subsidiary of the National Trust and runs

The Council (whose members during the year are listed on page 83) provides

three hotels held on leases from the National Trust. One of the houses,

a wide range of expertise and a forum for debate about the major issues

Hartwell House, is in turn leased by the National Trust on a long lease

# *

from the Ernest Cook Trust. The Board of Directors of Historic House

46

6 # #

6 # # (continued) Hotels Limited is responsible for the company’s activities. The directors

these risks. We report on this in accordance with the Charity Commission’s

of Historic House Hotels Limited are listed on page 85. The performance

Statement of Recommended Practice (SORP) 2005. Major risks are those which have a high likelihood of occurring

of Historic House Hotels Limited since its acquisition by the National

and would, if they occurred, have a severe impact on either operational

#

$

Âł

*

performance or achievement of purposes and objectives, or could damage

' = # xJ ~ E 4

the Trust’s reputation. As Trustees, we are responsible for ensuring that all risks are managed properly and we have a particular focus on the most

The National Trust (Enterprises) Limited is the Trust’s trading arm, and is

serious risks. These are reported to us, and are also considered by the Audit

$ #

Committee, on a quarterly basis.

the National Trust. The Board of The National Trust (Enterprises) Limited

Our approach addresses risk in a wide context, with emphasis on

is responsible for its activities and is chaired by Charles Gurassa, who is

also a member of the Board of Trustees.

with statutory requirements and internal control procedures. We assess

The Board’s members (appointed by us) include both non-executives

and members of the Executive Team. The Board performs the same role

ˆ * |

&

as any company board, overseeing the running of the company, setting

ˆ  Â

and monitoring its budget, approving major expenditure and approving

throughout our organisation.

† ‰

*

At the end of the year the risks falling into the Charity Commission’s

The non-executive members are also members of the Commercial

ˆ '

Â

Panel, which provides advice on other commercial activity within the

information systems and information security. These risks are being actively

Trust – for example, catering – which is not part of The National Trust

managed by the Executive Team and mitigating strategies, controls and

(Enterprises) Ltd. The members of the Board of The National Trust

* Â?

(Enterprises) Ltd and the Commercial Panel are listed on page 85. The

also dealt with three other major risks which were: inconsistent delivery

performance of The National Trust (Enterprises) Limited during 2010/11

$

Âł

*

procedures were not being consistently followed. Whilst these risks are still being managed, they have reduced to a more acceptable level by the

JI 4

year-end and are no longer regarded as major risks.

The Executive Team, previously known as the Senior Management

# # Â? ÂŞ

of our work. While we will never be complacent, we have concluded that, as a

* # ‡ #

&

result of the implementation of our risk management policy through the risk

our consideration and approval, ensures its delivery and oversees the

management framework and its constituent processes, the major risks to

day-to-day operation of the Trust. A list of its members is on page 85.

# ‡

Risk management is an essential part of good business practice, and we

# Âą #

systems or procedures established to mitigate those risks. However, a risk

the Director-General. These functions are summarised in a Scheme of

management system can only seek to manage, rather than eliminate, the risk

Delegation which we review periodically.

of failure to achieve business objectives and can provide only reasonable, and not absolute, assurance against material misstatement or loss.

Risk management & # ' ( Risk management is an integral part of good corporate governance to which the Trust is committed. Informed risk-taking helps to improve

In our work and at our properties, we aim to achieve our core charitable

performance, managing our threats and opportunities, and striving to create

an environment of ‘no surprises’. This helps us to strike the right balance

safety or health. However, we recognise that eliminating risks at our

between risk and opportunity. Risk management provides the framework

coast and countryside properties or in historic buildings and gardens is

#

neither achievable nor desirable. Whilst we accept our responsibilities as a

Q *

landowner and manager, we believe that it is reasonable to expect visitors

The Trust’s risk management processes are designed to enable us, on

to take some personal responsibility for their own safety. In practice,

the advice of the Audit Committee, which considers separate reports from

recognising these shared responsibilities, we try to achieve a reasonable

the Risk & Assurance Director and the Executive Team, to conclude whether

balance between safety, conservation, access and the visitor experience.

ˆ # ‡

reviewed, and systems and procedures have been established to mitigate

National Trust Annual Report 2010/11

Conservation, access and the visitor experience can be compromised by adopting an approach to health and safety that is too risk-averse. We

6 # #

47

6 # # (continued)

Thanks

have adopted a sensible and proportionate approach that balances risks

It is our great pleasure to thank all the people who make our role

*

#

#

access and to ensure that we do not detract from people’s enjoyment and

valuable ways. First, we thank the Council, whose members bring wisdom and

sense of freedom and adventure. We submitted comments to Lord Young as part of his consultation

‡ * |

on health and safety regulation and the compensation culture. His report

Â

– ‘Common Sense, Common Safety’ – was published in October 2010. We

Trust. We are pleased to enclose the Council’s annual report to members

had emphasised the need for proportionality to ensure that organisations

within this document (pages 49 to 50).

ˆ ‡

We also thank the many dedicated people who sit on our expert

additional burdens. We believe that Lord Young has noted this and his

advisory panels and Regional/Country Advisory Boards. These bodies are

*

not decision-making, but their advice and input to many of our decisions,

recommendations related to the introduction of a system for risk/

whether about individual places and projects or on more strategic

‡ * |

questions, are invaluable.

substantive progress from HSE and others in implementing Lord Young’s

We are indebted to our 3.8 million members, our many generous

recommendations. We hope it will lead to a more pragmatic, proportionate

donors and all the members of the Centres and Associations, Local

and consistent approach to investigation and enforcement.

Committees and Friends Groups whose support is essential to our work,

In 2010, we recorded a slight increase (7%) in the total number of

&* |

accidents – partly in line with increased visitor numbers. However, we are

61,500 volunteers who play such a critical role in the care of our places

delighted to report that the number of more serious accidents that needed

and in our engagement with our visitors. They also help connect us to our

local communities and to reach new audiences.

amount (26%). We record with regret the fatalities that occur each year on

Many of the former owners of our properties and their families

# Š

continue to play an active role. Many of these families were or are

who have to deal with them. The majority are from natural causes, suicide

generous donors, and we value our continuing relationship with them.

or as a result of activities such as climbing, fell walking or swimming. We continue to work closely with our partners in the Visitor Safety in

We work with too many organisations to thank them all individually. Our partnership work is of vital importance to our ability to achieve our

the Countryside Group to develop practical guidance and case studies on

objectives and we are truly grateful for the funding, collaboration and

visitor safety issues and to update the publication ‘Managing Visitor Safety

ideas that contribute to much of our work.

in the Countryside’. We continue to participate in the National Tree Safety

We are particularly grateful to those who have helped fund our

Group led by the Forestry Commission, which aims to publish industry

largest and most complex conservation projects, especially this year the

guidance on tree safety management in 2011.

Heritage Lottery Fund, the National Heritage Memorial Fund, Big Lottery

We are committed to securing further improvements in our safety

Fund, English Heritage, Defra, the Alice Trust, Forestry Commission,

performance in 2011. As part of the National Trust Change Programme,

Natural England, Northern Ireland Tourist Board, the Welsh Assembly

we have reviewed how we manage Health & Safety and other areas of

Government, Department of Work and Pensions and Sustrans.

* |

ÂŽ

‡

ÂŞ

&*

passion, commitment and dedication that is second to none. This has been

|

Q

design our new Operational Risk Management System, including a new

and gratitude for all they do for the Trust, and thereby for the nation.

team structure and a new process to identify, assess and manage risks.

We are pleased to present the Trustees’ report to our members.

|

structure, which have been designed to enable us to deliver good service to our properties and better management of operational risk at property level. The Operational Risk Team will help and support property managers in achieving their aims for the property, whilst maintaining a safe but not

Simon Jenkins

risk-averse environment.

Chairman

|

team and its future way of working. Prior to this process, we had separate

on behalf of the Board of Trustees 6 July 2011

Fire, Health and Safety, Equality, Security and Environmental compliance teams. The new team will act as a ‘One stop shop’ for properties to access *

48

6 # # ' H

Annual report of the Council 2010/11 9

Boards and advisory panels (who are not already members of the Council) have been invited to attend Council meetings as observers. The Council

The primary purpose of the Council is to uphold the spirit of the Trust

welcomed the members’ resolution on volunteer representation on the

and hold the Board of Trustees to account. As well as monitoring the

Council put to the AGM in October, and is keen to encourage volunteers

performance of the Trustees in their control of the management and

who undoubtedly have both a keen interest and a detailed understanding

administration of the Trust, the Council also appoints the Chairman

of the Trust to consider standing for election.

and Deputy Chairman of the Trust; appoints (and if necessary removes) Trustees; and oversees the procedures for election and appointment of

7 # 4 $ $ # (

Council members. As part of its role in monitoring the performance of the Board of

The Council usually meets four times a year when it has the opportunity

Trustees, the Council reviews the Trust’s performance over the previous

# *

year against the budget and key priorities as well as reviewing the Trust’s

One of these meetings is joined by the Board of Trustees for a visit to one

ˆ

&*

of the Trust’s regions/countries. This enables the Council and Board to see how the Trust’s strategies are being delivered on the ground and gives

ÂŽ 4+ ' ' 7 #

 Board members.

There are 53 members of the Council: 26 are elected by the membership,

In 2010 the Council and Board of Trustees visited the East of England

26 are appointed by organisations which have a relevant interest in the

region where they were hosted by Regional Chairman Anthea Case

work of the Trust, and the Chairman who leads both the Council and

‰ � –

ÂŞ Q * #

the Board of Trustees. Council members, who are all volunteers, are

of themes which included whether bringing places to life was a threat

appointed or elected for three-year terms after which they are eligible for

to conservation; coastal change; preserving landscape character while

re-election or reappointment. Together they provide a breadth and depth

allowing it to live; developing new audiences; and reconnecting people

of understanding of the issues that the Trust faces, and a wide range of

with the land and food. The Council and Board saw how the Trust’s

perspectives against which to test Trust policies. The Council appoints a

&

Senior Member from among its members, whose role is to represent the

approaches to nature conservation at Wicken Fen and Orford Ness. The

Council by discussing with the Chairman any widely shared concerns,

Council and Board also saw how the Trust was working in partnership with

and acts as the point of contact for individuals who have any issues which

others to maintain the unique character of Flatford Mill and the Dedham

need to be resolved. A majority of the Trustees are appointed from the

Vale, and looked at the master plans for bringing places such as Wimpole

Council. A full list of Trustees and Council members is set out on page 83.

Estate, Blickling Hall and Anglesey Abbey alive through the houses, farm

Throughout the year the Chairmen of Regional/Country Advisory

* † !

National Trust Annual Report 2010/11

3 # ' 7 #

49

since been followed up: the Theatre Royal in Bury St Edmunds enjoyed its

reinvest in properties by spending cash reserves on repairs and upgrades

!

to properties and chattels; the time and support given to the Executive

might be better promoted across the region; a grant had been secured

Team in implementing the change programme; a visit to the Lake District

to help provide cycle hire facilities for visitors at Wicken Fen, and signage

~ „

and visitor information were being improved in the area; interpretation of

south-east Wales for a discussion on conservation vs. access in the Brecon

property stories and collections would be improved where needed; more

Beacons and partnership opportunities with local authorities.

rooms were being opened up at Wimpole Hall; and the Orford website was

The Council also heard about the Board’s work with the management

being enhanced to give visitors a better understanding of this coastal site

ÂĄ

and the Trust’s work there.

level) and to fund a major increase in investment in conservation.

7 # $ ' (

Governance matters

# Â #

& KUK°U™

The Nominations Committee for the appointment of Trustees completed

vision and the steps being taken to raise the Trust’s ambitions. This is being

its search for three new trustees to succeed Sue Davies, Hugh Matheson

achieved by deepening relationships with supporters, by bringing places to

} #

Q * ‰

life and making visitors’ experiences more enjoyable. In parallel the Council

Farrant, Edward Greenwell and Nichola Johnson were appointed from

September 2010. The Council reappointed Charles Gurassa for a third

speeding up decision-making processes and encouraging innovation.

term to ensure continuity of his business and commercial skills. In early

Going local has been a theme of many of the Council’s debates. Whilst welcoming the changes which would re-establish the sovereignty Â

2011 the search began for new Trustees to succeed those expecting to retire later in the year. The Nominations Committee for elections to Council completed

Â

its search for candidates to stand for election to the Council by the

*

membership. At the AGM, Pat Morris, Caroline Tisdall and Michael

In debating bringing places to life, the Council was keen to

Quicke were re-elected to Council and new members Charles Gurassa,

understand the criteria for establishing which elements of experience it

Adrian Tinniswood, Roseanne Williams, Caroline Goodall, Rosie Corner

was appropriate to convey to visitors. Council members discussed and

and Cristina George were elected. During the year, appointed members

contrasted their own experiences of visits to many of the Trust’s places.

Robert Hillier (Royal Horticultural Society), Grisilda Harrison (National

Whilst many of the issues raised related to built properties, there were

Association of Decorative & Fine Arts Societies), Claire Gapper (Society

equal implications for coastal and countryside places.

of Antiquaries of London), Christopher Rodrigues (VisitBritain) and Mary

The Council discussed how the Trust was performing in respect of its nature conservation responsibilities and how this area of activity

Gledhill (Youth Hostels Association) were welcomed. The Council also established two further Nominations Committees:

* < !

&

one to consider the reappointment of the Chairman who will soon have

from focusing on species and habitat towards embracing the protection

Q Â? Â

and management of natural systems (including farming) as sustainability

Q †ª‘ KUU„

and the importance of ecosystem services such as carbon capture,

the review of the 26 Appointing Bodies which each appoint someone as a

~ *

member of the Council. This review takes place in 2012.

The Council also discussed related topics such as predator control,

Robert Waley-Cohen retired as Senior Member when he stood down

and members were keen to understand better how the conservation

from Council at the AGM in October 2010. Robert Morley was elected as

performance indicator was being applied in practice.

his successor.

As part of its role in reviewing the Board of Trustees’ performance

The Council would like to pay tribute to the following elected and

and holding the Board to account, the Council received a presentation

Q

by Trustees that provided examples of conservation and engagement

thank them for their contribution: Marian Campbell, Penelope Cobham,

issues with which the Board had been involved during the year. These

Martin Green, Harry Goring, Diana Kershaw, Henry Keswick, Prunella

included the Board’s review of boosting income generation through the

Scarlett, Mary Villiers, Robert Waley-Cohen and Nesta Waine.

let estate; a seminar on issues relating to landscape-scale conservation; and the Board’s support for better management of volunteers and a more diverse volunteer work force. Trustees also illustrated some of the decisions that the Board had taken, what the Board had done as part of its own programme of work and property visits, and how the Board had

Simon Jenkins Chairman

added value to the Trust’s work. This included the Board’s decision to

on behalf of the Council 6 July 2011

50

3 # ' 7 #

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K* † above derive from continuing operations and the National Trust has no recognised gains or losses other than those passing through the Consolidated }

Ž † * #

 * # KUK

~

ˆ ‡ (see Note 1) previously reported under capital projects expenditure and now shown under routine property running costs. National Trust Annual Report 2010/11

The Financial Statements 2010/11

51

# 6' @ ® KUU

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~

project costs formerly reported as capital projects expenditure (see Note 1). The impact of the change has been to reduce the net cash ~ ¡Â™Â™*™ ÂĄ KUK' ¡Â™U*› ¢ ˆ ‡ *

National Trust Annual Report 2010/11

The Financial Statements 2010/11

53

1. Accounting Policies #

#

added to restricted funds where appropriate.

accordance with the provisions of the Statement

#

No value is placed on heritage assets gifted

of Recommended Practice ‘Accounting and

of the Charity and its subsidiaries: The National

to the Trust in accordance with the National

Reporting by Charities’ issued in March 2005

Trust (Enterprises) Limited and Historic House

Trust’s policy on heritage assets – see Note 2

(SORP 2005), the Charities (Accounts and

Hotels Limited. The National Trust has taken

*

Reports) Regulations 2008, the Charities Act

advantage of the exemption available not to

(2006) and applicable Accounting Standards in

present a Statement of Financial Activities

Legacies

the United Kingdom.

for the Charity. The net outgoing resources

Legacies are accounted for on a receivable

of the Charity are disclosed in Note 20 to

basis. Pecuniary legacies are recognised

Accounting convention

* #

#

expenditure of the subsidiaries are included

estate. Residuary legacies are recognised

within the Consolidated Statement of Financial

only when the National Trust’s interest can

‡

Activities. The assets and liabilities of the

be measured, which is normally on grant of

asset properties and the annual revaluation

subsidiaries are included on a line-by-line

probate. Bequeathed properties awaiting

of listed investments to market value, and

basis in the Consolidated Balance Sheet in

sale are included in legacy income when the

in accordance with applicable accounting

accordance with FRS2. Uniform accounting

National Trust takes ownership of the property.

standards except for FRS15 in respect of

policies are adopted through the group and

Where there are uncertainties surrounding the

Heritage Assets (see page 56). The Trust has

measurement of the Trust’s entitlement to an

not elected to adopt FRS30 – Heritage Assets

transactions are eliminated in the Consolidated

estate, no income is recognised in incoming

early and is currently considering the impact

Statement of Financial Activities.

resources (see Note 33). No value is placed on

† ‰ statements in 2011/12 and future years.

heritage assets bequeathed to the Trust.

Incoming resources Income is shown within three main

Revenue and capital grants and contributions

Changes to accounting policies

categories in the Consolidated Statement of

Revenue and capital grants and contributions

# KUKÂŒUU

~

Financial Activities:

are accounted for on a receivable basis when

change in the Trust’s accounting policy for

the National Trust has entitlement to the

short-term cyclical (tasks recurring on a cycle

" Incoming resources from generated funds

income. Revenue grants relate to operating

¢ ˆ

" Incoming resources from charitable activities

activities, and capital grants relate to capital

(tasks with a lifetime spend of under ÂŁ25,000).

" Other incoming resources

projects expenditure and acquisitions.

These costs were previously reported within the Consolidated Statement of Financial

Incoming resources from generated funds

Enterprise and hotels income

Activities as capital projects expenditure.

includes appeals and gifts, legacies, revenue

The National Trust holds 100% of the issued

# ~

grants and contributions, enterprise and hotel

share capital of The National Trust (Enterprises)

management these are considered to be

income (activities undertaken by the Trust’s

Limited and Historic House Hotels Limited.

activities undertaken in the normal course

trading subsidiaries) and investment income.

The turnover of both companies is included

of running a property and are now shown as

Incoming resources from charitable activities

in the Consolidated Statement of Financial

routine property running costs. The impact of

includes membership income, capital grants and

Activities on a receivable basis.

the change in 2010/11 has been to reduce the

contributions and direct property income. Other

capital projects expenditure by ÂŁ33.3 million

incoming resources includes income arising on the

Investment income

(2010: ÂŁ31.9 million) and increase routine

Investment income is accounted for on a

property running costs by the same amount.

the expected return on pension scheme assets

receivable basis.

#

ÂĄ

less the interest cost arising on scheme liabilities

Notes 14 and 15). This change has no impact on

and other income (mainly the net gains on the

Membership income

the balance sheet.

disposal of properties, insurance claim proceeds

Income that is attributable to visits that

and development licence income).

members will make to National Trust

Grants funding for these repair tasks is now reported as revenue grants and contributions

properties is deferred and released to the

(formerly capital grants and contributions). In

Appeals and gifts

Consolidated Statement of Financial Activities

2010/11 this has increased revenue grants and

Appeals and gifts are recognised when

over the period to which the membership

contributions by ÂŁ1.3 million (2010: ÂŁ1 million).

the income is received. Gift Aid thereon is

relates. Life membership subscriptions are

The previous year has been restated (see Note 4).

accounted for on a receivable basis and is

credited to a life membership equalisation

54

Notes to the Financial Statements

1. Accounting Policies (continued) account and from there to income in ten

core purposes of managing our properties,

contribution scheme, its other money purchase

equal annual instalments. Gift Aid and deed of

conservation projects, acquisitions, education

covenant income resulting from membership

initiatives and membership services. Governance

operated by Historic House Hotels Limited are

is accounted for on a receivable basis. All other

costs are those incurred in connection with

charged in the year they are incurred.

income is accounted for on a received basis.

administration of the Charity, compliance with

Direct property income Income reported under this heading is

constitutional and statutory requirements and

Operating leases

costs of the strategic planning process.

Rentals applicable to operating leases are charged

Support costs are allocated to the costs

to the Consolidated Statement of Financial

included on a receivable basis. Rental income is

of generating funds, charitable activities and

recognised in the period to which it relates.

the lease and to the activity to which the lease

the estimated time spent by the support

charges relate: Enterprise costs, hotel costs,

Development licence income

service if this is more appropriate. More detail

routine property running costs, conservation

(contained in other incoming resources)

is provided in Note 18.

and advisory services, membership, recruitment,

Following the grant of a licence to develop on

Activities on a straight-line basis over the life of

publicity and education and support costs.

National Trust land, the payments due over

Routine property running costs

a number of future years have been valued in

Routine property running costs relate to the

$ +# *I

the balance sheet using a 5% annual discount

day-to-day operating costs of National Trust

# ‡

rate. The reported income arises from the

Q

purchase cost less accumulated depreciation.

unwinding of the discount as each year passes.

to Resources Expended in the year they are

Fixed assets include properties owned and

incurred. They also include short-term cyclical

occupied for administrative purposes, which

The contribution of volunteers

repair costs which are repair tasks on a cycle

are stated at cost or subsequent annual

In accordance with SORP 2005, no amounts

ˆ

revaluation. No depreciation has been charged

(projects with a value of less than ÂŁ25,000).

on administrative properties as the lives of the

~

properties are considered to be so long and

provided free of charge to the National Trust

Capital projects expenditure

residual values based on cost or subsequent

by volunteers. An estimate of the value of hours

These costs include long-term cyclical repairs

revaluation to be high enough to ensure that

of volunteer time from which the Trust has

*

Âą #

and backlog work and are charged to Resources

An annual review takes place to establish

report on page 32.

Expended in the year they are incurred.

any permanent diminution in the value of

U I

Pension costs

equipment costing over ÂŁ1,000 is capitalised.

All expenditure is accounted for on an accruals

#

Depreciation has been calculated so as to

Â

!

*

* #

instalments over their useful lives, as follows:

Irrecoverable VAT is either charged to the

appropriate expenditure heading or it is

– Â

=°UK

capitalised as appropriate.

in accordance with Financial Reporting

Motor vehicles

4 years

Standard 17 ‘Accounting for Retirement

<#

™°³ ½

Âą ¥Ž‰}U³¢*

<#

™°³ ½

such properties. Expenditure on plant and

The Consolidated Statement of Financial †

'

Under FRS17, the assets and liabilities " Cost of generating funds

of the pension plan are essentially treated

" Charitable activities

as assets and liabilities of the sponsoring

" Governance costs

employer – the National Trust. The operating

Â?

month following acquisition or on the bringing

The costs of generating funds includes

employees are recognised in the period in

into use of the asset, whichever is the later.

fundraising costs incurred in seeking voluntary

which they are earned by employees, and

contributions, but excludes the costs of

Investments

disseminating information in support of

of pension plan assets and liabilities are

All listed investments (including derivative-

the charitable activities. Costs of charitable

recognised in the period in which they arise.

based instruments) are stated at market value.

activities relate to the work carried out on the

National Trust Annual Report 2010/11

# #

Notes to the Financial Statements

½ Â

Unlisted investments are externally valued on

55

1. Accounting Policies (continued) an annual basis. The movement in valuation

General Fund

investment income for the long-term needs

of investments is shown in the Consolidated

The General Fund is the working fund of the

of a property.

Statement of Financial Activities and

Trust and is available for use at the discretion

comprises both realised and unrealised gains

of the Trustees in furtherance of the charity’s

it to commit to the perpetual upkeep and

and losses. Investment properties are included

objectives. Among the uses of the General Fund

maintenance of its inalienable property and, as

at valuation on an open market, existing-use

are the general administration of the Trust, the

such, it is important that it is able to provide

basis. Valuations are carried out on an annual

servicing of membership and publicity.

funds for its future as well as its present needs. The Trust has therefore, where it has felt it

basis and are mainly undertaken by the Trust’s  * The investments held in the subsidiary

The Trust is in a unique position requiring

Designated funds

appropriate, also used its own funds to create

Designated funds are those which have

endowments or to augment existing donor-

undertakings are held at cost or at fair value

been allocated by the Trustees for particular

provided endowments. The Trust makes these

at acquisition.

purposes. Further information on the nature

fund transfers after due assessment of the

and basis of the various designated funds used

capital requirements of a property over the very

# =媡==*

long term.

Stocks Stocks are stated at the lower of weighted

The funds transferred to create or augment

average cost and net realisable value after

existing endowments are not considered to be

making due provision for slow moving and

Restricted funds

legal endowments but they are accounted for

obsolete items. Stocks consist of trading

These include gifts and legacies which have

as such because the intention is to retain these

stocks, building materials and other (including

been given or bequeathed to the Trust to be

funds for the very long term. Augmentations to

livestock and sundry farm stocks).

used in accordance with the wishes of donors

existing funds are accounted for as permanent

or their representatives. Both the capital

endowments while transfers to create new

.

and the income may only be applied for the

funds are considered expendable. The

These divide into two distinct categories

purposes for which the funds were donated.

approximate value of expendable endowments

(unrestricted and tied).

at 28 February 2011 was ÂŁ19.3 million.

#

Income arising on endowment funds is

Œ

Many of the properties held for preservation

generally expendable and is distributed to

The use of these funds has not been restricted

have been endowed. Endowments typically

income funds in order to be spent.

to a particular purpose by donors or their

arise when donors or grant-giving bodies

representatives. They are divided into the

provide funds on the condition that they

General Fund and designated funds.

must be retained in order to generate

B " 4 ' 4 .U6 b ‡ $ +# . I 3 The reporting requirements set out for charities within the Statement of

heritage assets if acquired after 1 March 2000.

obligation for their future maintenance.

The Trustees of the National Trust

However, the Trustees have been advised

Recommended Practice (revised 2005) refer

have considered the position carefully and

that this permission does not override the

to a category of assets termed ‘Heritage

concluded that, in the Trust’s particular

requirements of FRS15. The auditors note this

†

* ‹

circumstances, the application of FRS15 to

departure in their report.

a charity holds in pursuit of preservation or

heritage assets would result in a distorted view

conservation objectives. The National Trust

# * # #

of accounting and disclosure requirements

considers its inalienable properties and other

therefore excluded these properties from the

in this area that have culminated in the

properties held for preservation (that are

balance sheet and they are not included among

establishment of FRS30 – Heritage Assets.

pending declaration as inalienable) to fall

‡

$

*

The Trust has not elected to adopt this

* Financial Reporting Standard 15 (FRS15)

#

The Trust acknowledges the development

standard early and is currently evaluating the

recognised by The National Trust Act 1971

impact this will have on the nature and extent

which permitted the Trust to exclude

of information presented in its Annual Report

year ended 28 February 2001. Under FRS15,

*

the Trust would be required to capitalise

held for preservation and any long-term

56

Notes to the Financial Statements

|B 3 # ; Where the use of the income has been restricted in accordance with the donor’s wishes, appeals and gifts income is credited to an appropriate fund until it can be spent for the purpose for which it was given. Sponsorship and other corporate promotional income – 2011: £1,806,000 (2010: £2,495,000) – is included as part of the income from The National Trust (Enterprises) Limited in the Consolidated Statement of Financial Activities.

_B ; 7 + Restated ,%%

[ÂŹXÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

� Ž ‰ †

<!%)

Y ]Zz

Natural England

<@@

] [[ÂŹ

Heritage Lottery Fund

<

[ ^X]

Northern Ireland Tourist Board

<,!8

-

English Heritage

< ,5

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National Heritage Memorial Fund

%<8@@

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Welsh Assembly Government

%< @8

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Local Authorities

%<%,@

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Department for Work and Pensions

)!

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Big Lottery Fund

) @

zÂŹ_

Forestry Commission

@ 8

_Z^

County Councils

!!5

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Âą

)

[\Y

Derbyshire Economic Partnership

-

Department of the Environment, Northern Ireland

_X^

Â? & Â

Â

)

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Trustees of Nostell Priory

,

-

National Museums and Galleries

%)!

X^Z

Department of Agriculture and Rural Development, Northern Ireland

%@)

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< ,5

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[Y Y[Z

Revenue grants and contributions

%,<)!

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Capital grants and contributions

%8< %

XY \X]

on behalf of the

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National Trust.

Contributions towards property expenditureÂœ§

Âœ§ Contributions and grants relating to properties managed by outside agents

KK›ŒUK

¡U KKU KKK

ˆ grants. These were formerly presented as capital grants.

National Trust Annual Report 2010/11

Notes to the Financial Statements

57

bB ÂŽ 4+ ' 9 4

Annual subscriptions Transfer from life membership equalisation account (Note 27)

,%%

[ÂŹXÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

% %<

X[[ \[Y

<) ,

[ _[X

% < !

X[\ [Y\

,%%

[ÂŹXÂŹ

6. Direct Property Income

• ,,,

Âź ÂŹÂŹÂŹ

Rents

<8%8

]] ]Y[

Admission fees

%)<)58

X^ [\[

Charitable trading activities

5%<5)

Yz _]z

Other property income

<5!8

Y ]ÂŹz

%,8<8 8

XÂŹ\ ZY[

Other property income includes produce sales, room hire and amounts the Trust has charged on to third parties for costs it has incurred. Charitable trading activities are analysed further in Note 8.

}B J & # 7 + The National Trust owns 100% of the share capital of The National Trust (Enterprises) Limited and Historic House Hotels Limited. Both companies are accounted for as subsidiary undertakings, are registered in the United Kingdom, and each year donate by Gift Aid to the National Trust from their surplus income. At 28 February, the reserves of the Trust’s subsidiaries were as follows: Company

The National Trust (Enterprises) Limited

Activities

Retailing, events, sponsorship income

Share Capital

ž *

– Revaluation reserve

Historic House Hotels Limited

The operation of hotels at three historic

Share Capital

properties in England and Wales.

–

,%%

[ÂŹXÂŹ

•

Âź

%,,

XÂŹÂŹ

-

-

x!@,<,,,~

ÂĄ_^ÂŹ ÂŹÂŹÂŹ)

x!!8<8,,~

ÂĄ__z zÂŹÂŹ)

%5<@,,<,,,

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< ! <,)

] [\z [_X

%8<%! <,)

X^ z\z [_X

The diminution in the value of the investment property held by The National Trust (Enterprises) Limited is considered to be temporary and has been

*

58

Notes to the Financial Statements

}B J & # 7 + (continued) The contribution of subsidiary companies to Trust funds was as follows: 9 4

JI

7 +

,%%

[ÂŹXÂŹ

,%%

[ÂŹXÂŹ

,%%

[ÂŹXÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

8< %

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<58)

]X ÂŹzX

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< ,,

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< %

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,

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!<,%

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Pension costs

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& & & # E 4 Hotel activities

`B 7' +# $ 3 Certain charitable trading activities are undertaken by the National Trust itself. The contribution from these activities was as follows: 9 4

JI

7 +

,%%

[ÂŹXÂŹ

,%%

[ÂŹXÂŹ

,%%

[ÂŹXÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

8< 5)

]_ \[\

%< 8

[^ _\ÂŹ

)<, 8

^ __\

Holiday cottages

@<)%

_ Z_]

5<5@%

\ ]ÂŹ\

< %

[ ]Z^

X^

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<%8

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Yz _]z

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%%<58,

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!%<!8%

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Catering

Enterprise and hotel activities

Total charitable trading and contribution from subsidiaries

Âœ¨ Includes income from car parks and base camps. Charitable trading income is included in direct property income (see Note 6); associated costs are included in routine property running costs.

9. Other Income This is analysed as follows:

Development licence income Net gains on disposal of property and insurance claims

National Trust Annual Report 2010/11

Notes to the Financial Statements

,%%

[ÂŹXÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

-

XZX

) ,

X ZZZ

) ,

X ^[_

59

B JI Expenditure includes the following charges/(credits): ,%%

Depreciation – charge for year Depreciation – movement in provision for impairment

[ÂŹXÂŹ

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Âź ÂŹÂŹÂŹ

% <! %

XX Xz\

x ,~

[[

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ÂĄXY_)

ÂĄÂŞ ¢ ‡

¥ ‡ and freehold property – included in other incoming resources) Operating leases: Land and buildings

<5@

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Auditors’ fees and expenses: % %

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5

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Other services – IT systems advice and support

!!

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@,

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<@ %

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Audit work

Irrecoverable Value Added Tax

11. Organisational Change Programme During the year, the Trust incurred ÂŁ6.1 million (2010: ÂŁ0.2 million) on implementing the changes required as part of an organisational restructure programme. Expenditure includes costs relating to the design of the new organisational structure and systems improvements of ÂŁ1 million, redundancies of ÂŁ4.2 million and other costs (including recruitment) of ÂŁ0.9 million.

Where expenditure has been charged to support costs, it has been necessary to allocate these costs to other areas of resources expended. The basis of

ÂĄ

$

U@¢*

The costs relating to the programme can be summarised as follows and have been met by the General Fund:

† Routine property running costs ÂœŠ  Âˆ ‡  Â‘ ÂŞ

Direct costs

Support costs

Total ,%%

• ,,,

• ,,,

• ,,,

[Y

X Z\\

[ XZ]

<)%)

XX_

%%@

YzZ

XY\

! %

X XÂŹÂŹ

]Z[

%< !

[]

< 5%

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B U 4 No remuneration was paid to any members of the Board of Trustees. Travel and accommodation expenses were repaid to 8 individuals totalling ÂŁ11,641 (2010: 7 individuals were repaid ÂŁ6,553).

60

Notes to the Financial Statements

ÂœŠ Costs charged to routine property running costs relate to Q *

|B 6 † 7 ,%% Regular

Wages and salaries Employers’ social security costs Employers’ pension contributions

,%% Seasonal

[ÂŹXÂŹ Regular

[ÂŹXÂŹ Seasonal

• ,,,

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Âź ÂŹÂŹÂŹ

% %< ,%

%<),!

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Xz XX\

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Xz ZYZ

The above includes redundancy costs of ÂŁ6 million (2010: ÂŁ2.6 million).

# ¡UÂŻ ™U› KKK ÂĄ KUK' ¡U> = KKK¢ ¡UK ›¯ KKK ÂĄ KUK' ¡UK ›@> KKK¢ ¡> ™>Âł KKK ÂĄ KUK' ¡= >Âł KKK¢ ÂĄ ¡U¯™ KKK

‹ ‹ ‹

”

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@ ÂŽ KUU ¡ ÂĄ KUK' ¡U ™ ÂŻ=™¢* The total of employer’s pension contributions includes a sum of ÂŁ106,204 (2010: ÂŁ185,520) paid into the National Trust Retirement and Death Âą }

¡U@› KU@ ÂĄ KUK' ¡==U >@@¢ who retired early at the discretion of the National Trust. Â? U¯› ÂĄ KUK' ›@¢ * # ÂŒ

ÂĄ Â?¢ ‡ ‡

¡¯K KKK ' ,%%

[ÂŹXÂŹ

Âź[XÂŹ ÂŹÂŹÂŹ Âź[Xz zzz

%

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Âź[ÂŹÂŹ ÂŹÂŹÂŹ Âź[ÂŹz zzz

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%

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[

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]

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%

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$

™K¢*  ¡U ÂŻ ™K> ÂĄ KUK' ¡UU= KUU¢ UÂł ÂĄ KUK' U™¢ ‡ ¡¯K KKK

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,%%

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= 4+

Number

–

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earning in excess of ÂŁ60,000 received redundancy payments totalling ÂŁ1,698,000 ÂĄ KUK' UÂł ³³ earning in excess of ÂŁ60,000 received ÂŁ784,895) Â?Âœ < reporting to central services functions

National Trust Annual Report 2010/11

Notes to the Financial Statements

61

_B U JI

Note

6 † " ' costs

6 costs

Total ,%%

Restated Total [ÂŹXÂŹ

• ,,,

• ,,,

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bB 7 # d JI These costs comprise restoration works — improvements, long-term cyclical and backlog — on preservation properties and other major projects of a conservation nature.

The expenditure is analysed as follows: Restated ,%%

[ÂŹXÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

Coast and countryside

@<8,)

[X \ZZ

Historic buildings and collections

%< %!

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@<,%8

[ ^_Y

@!<

Z^ ÂŹ_z

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% <%8!

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5<%%8

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Gardens

By category of work:

[ÂŹXÂŹ

‡

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$

X¢*

62

Notes to the Financial Statements

16. Acquisitions This note shows the costs of acquiring land, buildings and chattels held for preservation. For the year ended 28 February 2011, the total funds spent on acquisitions were as follows: ,%%

[ÂŹXÂŹ

• ,,,

Âź ÂŹÂŹÂŹ

Coast and countryside

< %5

X z]\

Historic buildings

< %

[ Z^Y

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Collections

. $ Restricted grants and gifts Restricted funds Unrestricted funds # .

%,

X ^Xz

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[ _^^

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% <)@5

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}B ÂŽ 4+ ' < U 4 < +# ( J ÂŽ 4+ ' 4 These expenses relate to the costs of three issues of the National Trust Magazine sent to all members, local newsletters, maintaining and processing membership details and the recruitment of new members. +# ( #

$ # programmes, exhibitions and events.

This expenditure is analysed as follows: ÂŽ 4+ ' 4

}

+# (

Total ,%%

Total [ÂŹXÂŹ

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• ,,,

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*

National Trust Annual Report 2010/11

Notes to the Financial Statements

63

18. Support Costs }

‡ * #

time spent by the support service if more appropriate.

3 ( † ‰  ˆ ‡ †   ‘ ÂŞ

3 4 ™ ' ��

&U ™ E $ #

• ,,,

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.

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�� < ¡ *@ relating to the organisational change programme (see Note 11).

19. Governance These costs are analysed as follows: ,%%

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AGM and Annual Report

,

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5,%

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Other costs

64

Notes to the Financial Statements

5,

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B 3 #( . The National Trust comprises more than 2,500 individual funds. The movements in consolidated funds are analysed as follows: Balance at # # = = 3 # Balance X ‘ [X incoming resources incoming/ gains on losses ` . + ,%% I x $ $~ 4 resources assets

; # .

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Excluding the net assets held by the subsidiary undertakings – The National Trust (Enterprises) Limited and Historic House Hotels Limited – the reserves of the parent charity were as stated above except for endowment funds which were £456,455,000 (2010: £420,399,000) and restricted funds which were: £362,224,000 (2010: £328,188,000).

The total incoming resources of the Charity were ÂŁ360,857,000 (2010: ÂŁ356,906,000) and its net outgoing resources were ÂŁ28,867,000 (2010: net incoming resources of ÂŁ199,000).

Funds exceeding 5% of the total within their respective class of funds are disclosed separately within the table above. The only other funds exceeding 5% of the total within their respective classes were the Dunham Massey Endowment Fund which amounted to ÂŁ32,735,000 (2010: ÂŁ30,275,000) and Free Legacies (part of other designated funds, an analysis of which is provided below).

# ÂŞ ÂŽ

¡Â™ K³³ KKK ÂĄ KUK'

¡U= =@ KKK¢ ÂŞ ÂŽ ‹ Âą ‘ Â

} #

# Q Q Â ÂŞ ÂŽ Â *

#

less the net expenditure on conservation projects for all General Fund and designated fund properties.

Â?ž # ´ property and backlog reserve was redesignated as the Property Transformation Fund in March 2010 to provide development funding to properties.

National Trust Annual Report 2010/11

Notes to the Financial Statements

65

B 3 #( . (continued) The main components of other designated funds are as follows: ,%%

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Transfers out of the General Fund include: £0.9 million to designated funds relating to property sales proceeds and £3 million to the Fixed Asset ‰ ~

‡

* # ÂŞ ÂŽ ' ÂŁ4 million relating to distributed investment income from endowment funds and ÂŁ1.7 million relating loan repayments made by properties that have received support from the General Fund in previous years.

Transfers into designated funds include ÂŁ3 million from the General Fund to the Fixed Asset Reserve and ÂŁ0.9 million from the General Fund relating

* # ' ¡=

„ ¡K*= augment endowment funds and ÂŁ4.6 million to support property expenditure.

ÂŁ0.3 million has been transferred out of restricted funds to augment endowments. Transfers into restricted funds include ÂŁ20 million relating to the

¡ *›

‡ *

Endowment funds have been augmented by £0.7 million from unrestricted and restricted funds. Distributed investment income arising on endowment funds is transferred to restricted and unrestricted funds – these transfers amount to £20 million.

66

Notes to the Financial Statements

B 3 #( = 3 +( .

Net assets are analysed between funds as follows: 7 # G # " $

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National Trust Annual Report 2010/11

5 8

X^ z\^

x% <8@,~

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Notes to the Financial Statements

67

B $ +# . I 3 7 # . ' # (

# J 4

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Total

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68

Notes to the Financial Statements

|B 9 4 X H $ 7 ' # U 4 9 4 # $ #

‡  * The major proportion of investments is held for the long term since they are invested on behalf of permanent endowment and other funds where the

*

The Trust operates a policy of total return on the majority of its long-term investments as permitted by the National Trust Act and a special Charity  * ´ ~ ‡ ‡

through generating interest and dividends or capital growth. Charities operating a total return policy are able to apply some of the capital growth on #

*

# ‡ * | return distributions comprise income and capital, only actual income earned in the form of interest and dividends is reported as investment income in the Consolidated Statement of Financial Activities (see the table below). Actual income Capital gains + properties

Total Movements Less x ~ 4 4 + income management to properties

• ,,,

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In the year to 28 February 2011, the movement in the value of stored-up capital growth on the Charity Commission Scheme was as follows: •4 %!5B8

´

X ‘ [X

B8

Increase in value due to capital gains in year

x@B8~

Amounts distributed to properties (total return applied in year)

%8%B8

´

[^ ÂŽ [ÂŹXX

The National Trust controls the level of distribution of capital on both the Charity Commission Scheme endowment funds and other funds in line with long-term investment growth assumptions that are subject to regular review by the Trustees following advice from the Investment Review Committee and other external experts.

Under the rules of the Charity Commission, an endowment subject to a Total Return Order but with no unapplied total return cannot make a distribution. All funds included in the total return policy had a positive unapplied total return at 28 February 2011.

# ª < – ¯š @ Ž KUU unapplied total return and was thereby unable to make a distribution.

National Trust Annual Report 2010/11

Notes to the Financial Statements

69

|B 9 4 X H $ 7 ' # (continued) It should be noted that, in determining whether an endowment has a negative unapplied total return when making an income distribution, the Trust takes into account the average value of the fund over the year in question 3 #( 7 # 9 4 Investments and working cash balances are analysed as follows: 7 # ‡ Ž H M # As at As at ) . + ,%% [^ Ž [X • ,,,

Âź ÂŹÂŹÂŹ

9 4 ,%%

[ÂŹXÂŹ

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3 #( +( ( 4 British Government stocks ´

‚ ‡

‡

United Kingdom equities

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85

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Property unit trusts Overseas equities

Working cash balance

Further information on investment policies and performance is given on page 42.

The book cost of investments held at 28 February 2011 was ÂŁ859,045,000 (2010: ÂŁ783,251,000).

# $ # *

The investments held by the Charity were as stated above with the exception of the investment properties and working cash balance. Cash held by the charity amounted to ÂŁ8,836,000 (2010: ÂŁ23,110,000). Investment properties held by the charity amounted to ÂŁ44,496,000 (2010: ÂŁ45,558,000).

There are no properties which individually represent more than 5% of the total market value of investment properties. There is no single investment representing more than 5% of total investments.

There are no unlisted securities held in investments (2010: ÂŁ3,513,000). ,%%

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[^ ÂŽ

70

!!,

Notes to the Financial Statements

X ÂŹ^Z X zYÂŹ

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24. Stocks

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7 # ,%% [ÂŹXÂŹ

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# # $ # ÂĄ

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company. Interest is charged at 2% over Barclays’ base rate on the outstanding balance. Other debtors include trade debtors, VAT recoverable and investment debtors.

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The amounts due to the subsidiary undertaking (Historic House Hotels Limited) incur interest at 2% over the London inter-bank interest rate.

National Trust Annual Report 2010/11

Notes to the Financial Statements

71

zB 7 (continued) Consolidated deferred income is analysed as follows: ÂŽ 4+ ' 4

& # ( $ income

E 4 4

'

income

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Membership income is deferred and released to the Consolidated Statement of Financial Activities (SoFA) over the period to which the membership relates. Holiday cottage deferred income relates to deposits and payments received in advance of bookings, and is released to the SoFA in the period to which it relates. The lease premium deferral relates to premiums received on the undertaking of leases and rent-free periods and is released to the SoFA over the period of the lease. Other deferrals mainly relate to grants and sponsorship income which are released to the SoFA in the period entitlement occurs.

Other deferred income recognised in subsidiaries amounted to ÂŁ625,000 (2010: ÂŁ872,000).

}B E ÂŽ 4+ ' J # 3 Life membership subscriptions are credited to an equalisation account and released over ten years.

The movements during the year were: 7 # 7' ( ,%%

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72

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Notes to the Financial Statements

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| B ' = # U 4 " ' * 6 ' 4 # #

* # Â? Âą Pension Scheme (the ‘Scheme’) was closed to new members on 1 June 2003. Schroder Investment Management Limited and Partners Capital LLP act as investment managers to the Trustees of the Scheme. The last full actuarial valuation of the Scheme was made at 5 April 2008 and will be updated in April 2011.

†

U º KK™* # } } ” À ª * <

‹ ‹ ‹

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* #

of the Trust.

# * # ~ ¥ –<¢ ~ KUU

~ ¥‰–<¢ * # ´Â‚ ~

*

National Trust Annual Report 2010/11

Notes to the Financial Statements

73

| B ' = # U 4 " ' * 6 ' 4 (continued) ' * # 4 +( ' ( # # ' ' 4 # + # .U6 } ## ,%%

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The mortality assumptions have been updated and are based on standard mortality tables which allow for future mortality improvements. The assumptions are that the average life expectancy of a male is currently 87 and a female 89. By 2031, this is expected to increase to 90 and 91 respectively. ' I ' ' ' 4 ,%%

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The National Trust expects to pay ÂŁ10.6 million of employer contributions to the Scheme in 2011/12.

74

Notes to the Financial Statements

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The current and past service costs of ÂŁ8,959,000 (2010: ÂŁ6,904,000) are included in resources expended. Actual return on Scheme assets:

,%%

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National Trust Annual Report 2010/11

Notes to the Financial Statements

75

| B ' = # U 4 " ' * 6 ' 4 (continued) & ( # < # # + # # * 6 ' 4

Fair value of Scheme assets Present value of Scheme liabilities } ÂŒÂĄ ¢ } JI $ #

Experience gains/(losses) on Scheme assets Experience gains/(losses) on Scheme liabilities

76

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Notes to the Financial Statements

31. Financial Commitments Commitments for operating lease payments in the next year, analysed according to the lease expiry dates, are as follows: 7 # ,%% E + # $

,%% ÂŽ ' #

[ÂŹXÂŹ Land and buildings

[ÂŹXÂŹ Motor vehicles

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– within one year

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32. Taxation # $ #

‡ ‡  ˆ for charitable purposes.

The National Trust, The National Trust (Enterprises) Limited and Historic House Hotels Limited are registered for VAT. Any irrecoverable VAT on expenditure is charged to the appropriate heading on the Consolidated Statement of Financial Activities or is capitalised as appropriate. # $ # ÂĄ

¢ ”

‹ ‹ ‹

”

‡  no liability to corporation tax.

33. Legacies † @ Ž KUU $ #

› ÂĄ KUK' U>@¢

exist over the measurement of the Trust's entitlement.

National Trust Annual Report 2010/11

Notes to the Financial Statements

77

|_B U # ( The Trust has considered the disclosure requirements of the Statement of Recommended Practice for Charities and of FRS8 and believes that the following related party transactions, all of which were made on an arm’s length basis require disclosure: ~

During the year the Trust used the services of Penny

I~

Mr M Drury, a member of the Arts Panel, is the Chairman of the

Anderson Associates Limited at a cost of ÂŁ112,033 (2010: ÂŁ86,512). Ms P Anderson, a member of the Nature

Landmark Trust. During the year, the Landmark Trust leased several properties from the National Trust. The rental charges

Conservation Panel, is a director of Penny Anderson

paid under these leases amounted to ÂŁ45,228 (2010: ÂŁ21,417).

Associates. The balance outstanding at 28 February 2011

The balance outstanding at 28 February 2011 was ÂŁnil (2010: ÂŁnil).

was ÂŁ5,330 (2010: ÂŁ6,131). I~ ~

~

78

During the year the Trust used the services of Ashmead Price

Dr J C Dwyer, a member of the Land Use and Access Panel,

Limited at a cost of ÂŁ18,085 (2010: ÂŁnil). Ms S Ashmead,

is an employee of the University of Gloucestershire. During the year, the Trust made sponsoring contributions of ÂŁ8,000

a member of the Architectural Panel, is a partner in Ashmead Price. The balance outstanding at 28 February 2011 was ÂŁnil (2010: ÂŁnil).

ÂĄ KUK' ¡ ¢ – Â? studentships at the university. The amount outstanding at 28 February 2011 was ÂŁ4,000 (2010: ÂŁnil).

Mrs H Bailey, the General Manager of the Blickling Estate, rents a cottage from the National Trust at an annual rental of £7,800 (2010: £7,800) as approved by the Charity Commission. Mrs Bailey’s husband Mr P Bailey provided photographic services to the Trust at a cost of £460 (2010: £nil). The balances outstanding at 28 February 2011 were £nil (2010: £nil).

~

Ms J Blackburn, the Trust’s Assistant Director – Organisational and People Development, is also a director and trustee of November Club, a theatre company that provided a community-led theatre piece at Seaton Delaval Hall at a cost of £41,500 (2010: £nil). The balance outstanding at 28 February 2011 was £nil (2010: £nil).

~

Mr S Brown is the chairman of the East Midlands Regional Committee and the Deputy Chairman of the East Midlands Development Agency (EMDA). During the year, the Trust recognised grant income of ÂŁ43,382 (2010: ÂŁ71,985) from the EMDA. The balance outstanding at 28 February 2011 was ÂŁnil (2010: ÂŁ164,257).

I ~

Ms C George, a member of Council, is also a tenant of the National Trust. The rental charges paid by Ms George during the year amounted to ÂŁ31,000 (2010: ÂŁnil). The balance outstanding at 28 February 2011 was ÂŁnil (2010: ÂŁnil).

I ~

Mr C M Gurassa is a member of the National Trust’s Board of Trustees and chairman of the Commercial Panel. Mr Gurassa was also (until December 2010) the chairman and a shareholder of 7days Limited which during the year provided consultancy services to the Trust at a cost of £440,141 (2010: £128,000). The balance outstanding at 28 February 2011 was £2,314 (2010: £42,800). Mr Gurassa was also (until February 2011) the chairman and a small shareholder of LOVE FiLM. com. During the year LOVE FiLM paid the Trust a percentage of DVD rentals generated from Trust supporters. The value of

” ` ÂŽ ”‘ KUK°UU

¡U KK (2010: £4,387). The balance outstanding at 28 February 2011 was £nil (2010: £94).

I ~

Mr R A Helliwell, a member of the East Midlands Regional Committee, is a farming tenant of the National Trust. During the year, Mr Helliwell paid rent and maintenance charges totalling ÂŁ13,703 (2010: ÂŁ6,344). Mr Helliwell also received payments of ÂŁ14,371 (2010: ÂŁ1,562) relating to the tenanted land in the North Peak Environmentally Sensitive Area and ÂŁ2,031 in respect of other contracted work. The balance outstanding at 28 February 2011 was ÂŁnil (2010: ÂŁnil).

~

During the year, the Trust used the architectural and historic building services of Purcell, Miller, Tritton LLP at a cost of £149,610 (2010: £153,900). Mr J Burton, a Council member, U ‘ KUU  „ non-equity partner. The balance outstanding at 28 February 2011 was £nil (2010: £40,114).

~

Viscountess Penelope Cobham, a member of Council, is also chairman of VisitEngland. During the year, the National Trust engaged in a joint marketing campaign with VisitEngland at a cost to the Trust of ÂŁ8,000 (2010: ÂŁnil). The balance outstanding at 28 February 2011 was ÂŁnil (2010: ÂŁnil).

I ~

During the year, the Trust used the services of Dr M Telfer, an entomological consultant, at a cost of ÂŁ7,546 (2010: ÂŁnil). Ms J Hodgkins, a wildlife and countryside advisor for the Trust, is married to Dr Telfer. The balance outstanding at 28 February 2011 was ÂŁnil (2010: ÂŁnil).

~

During the year the Trust used the services of Ptolemy Dean Architects Limited at a cost of ÂŁ5,966 (2010: ÂŁnil). Mr Ptolemy Dean, a member of the Architectural Panel, is a director of Ptolemy Dean Architects. The balance outstanding at 28 February 2011 was ÂŁnil (2010: ÂŁnil)

I ~

Mrs N J Ingram is the Property Manager at Standen and the company secretary of Context Engineering Limited which during the year undertook conservation work at a number of Trust properties at a cost of £18,638 (2010: £nil). Mrs Ingram’s partner is the company director of Context Engineering and its sole shareholder. The balance outstanding at 28 February 2011 was £3,525 (2010: £nil).

Notes to the Financial Statements

|_B U # ( (continued)

I ~

During the year, the Trust used the services of Peter Inskip

– À ‘ Trust with consultancy services at a cost of £45,735

a director of this company. The balance outstanding at

(2010: ÂŁ48,680). The balance outstanding at

28 February 2011 was ÂŁ27,477 (2010: ÂŁ7,510).

28 February 2011 was ÂŁ29,000 (2010: ÂŁ18,450).

I ~ Prior to his appointment as chairman of the Board of

II ~ During the year, the Trust used the services of Thirty Three

Trustees Mr S Jenkins agreed the sale of a painting to the National Trust. During the year this sale was completed

Limited for advertising at a cost of £916,993 (2010: £638,923). Mrs J Rettie, the Trust’s Head of Recruitment, is married to a

at a cost to the Trust of ÂŁ45,000 (2010: ÂŁnil). The balance outstanding at 28 February 2011 was ÂŁnil (2010: ÂŁnil).

director of Thirty Three Limited. The balance outstanding at 28 February 2011 was ÂŁ131,116 (2010: ÂŁ101,604).

I ~ During the year, the Trust used the conservation services of the Perry Lithgow Partnership at a cost of £34,445 (2010: £71,794). Mrs K Lithgow, the Trust’s Head Conservator, is married to a director of the Perry Lithgow Partnership Limited. The balance outstanding at 28 February 2011 was £221 (2010: £nil). I I~

II~

II ~

II ~ Mr S Price, a member of the Architectural Panel, is a

and Peter Jenkins Architects Limited at a cost of ÂŁ66,208 (2010: ÂŁ52,502). Mr Inskip, a member of the Architectural Panel, is

Sir Laurie Magnus, Bt, the Deputy Chairman of the National Trust, became a Trustee of the Landmark Trust in February 2011. During the year, the Landmark Trust leased several properties from the National Trust. The rental charges paid under these leases amounted to £45,228 (2010: £21,417). The balance outstanding at 28 February 2011 was £nil (2010: £nil). Mr H P Matheson was a member of the Board of Trustees until September 2010 and is a partner in Thoresby Home Farm. Thoresby Farm supplied cattle to the Trust for grazing at a cost of £14,000 (2010: £12,000). The balance outstanding at 28 February 2011 was £14,000 (2010: £nil). Mr Matheson is a trustee of the Pierrepoint Settlement which supplied a Christmas tree to the National Trust for the sum of £405 (2010: £nil). The balance outstanding at 28 February was £nil (2010: £nil). Mr S Mulberry is the Property Manager for North Devon; he and his wife rent a property from the National Trust at a market rate on an estate not under Mr Mulberry’s management. The rental charge during the year was £5,400 (2010: £nil). The amount outstanding at 28 February 2011 was £nil (2010: £nil).

II ~ Mr N Pearson is a member of the Trust’s Land Use Panel and a director and shareholder of Nicholas Pearson Associates Limited. During the year the Trust used the consultancy services of Nicholas Pearson Associates for landscape design and management at a number of Trust properties at a cost of £10,000 (2010: £27,267). The balance outstanding at 28 February 2011 was £nil (2010: £nil). II ~ During the year, the Trust used the services of Mr S Price for redecoration work to holiday cottages at a cost of £27,047 (2010: £nil). Mrs D Price, an administrator for North Cornwall, is married to Mr Price. The balance outstanding at 28 February 2011 was £nil (2010: £nil).

National Trust Annual Report 2010/11

II ~ Mr C Rodrigues is a member of Council and the chairman of the British Tourist Authority (BTA). During the year, sale of National Trust passes and Great British Heritage passes through BTA generated income of £133,986 for the Trust (2010: £nil). The Trust also used the services of BTA for marketing and promotional purposes at a cost of £177,191 (2010: £nil). The balance outstanding at 28 February 2011 was £nil (2010: £nil). II ~ Mr D A C Scott is a member of the London and South East Regional Committee and a tenant of the National Trust. During the year, Mr Scott leased a property from the Trust at a market rent of £12,000 per annum (2010: £12,000), the tenant selection having been approved by Senior Management. The balance outstanding on 28 February 2011 was £nil (2010: £nil). II ~ Mr P Smith is a member of the London and the South East Regional Committee and Chairman of Savills plc. During the year, the Trust used the services of Savills plc at a cost of £17,595 (2010: £10,485). The balance outstanding at 28 February 2011 was £2,415 (2010: £4,078). II I~ Ms M C St Aubyn, a member of the donor family at St Michael’s Mount and a director of the Godolphin Company (the family’s own estate company), is a member of the South West Regional Committee. During the year, the Godolphin Company undertook building and maintenance work at St Michael’s Mount at a cost to the Trust of £1,379,754 (2010: £551,092). The balance outstanding at 28 February 2011 was £2,763 (2010: £nil). Related party transactions in excess of £5,000 only are disclosed here. The National Trust’s Audit Committee has undertaken a full review of all other related party transactions. In addition, transactions between the Trust and its wholly owned subsidiaries, The National Trust (Enterprises) Limited and Historic House Hotels Limited, are fully disclosed in Note 7. There are no other related party transactions which require disclosure.

Notes to the Financial Statements

79

9 ’ report to the Trustees ' = #

The Trust’

|

› # * $ 4 $ 4

of the National Trust for the year ended

+ $ 4

Bankers

28 February 2011, which comprise the Consolidated Statement of Financial Activities,

† ‡ $

no value is placed on the inalienable property or

Barclays Bank Plc 1 Churchill Place

the Consolidated and Charity Balance Sheets,

on other property held for preservation (that are

London

the Consolidated Cash Flow Statement and

* #

pending declaration as inalienable). While this is permitted by The National Trust Act 1971, it is not

E14 5HP

that has been applied in their preparation is

in accordance with the requirements of Financial

9 4

applicable law and United Kingdom Accounting

Reporting Standard 15 (FRS15).

Standards (United Kingdom Generally Accepted Accounting Practice).

J P Morgan Asset Management Ltd Except for this departure from FRS15, in our

'

U + #

EC2Y 9AQ

As explained more fully in the Trustees’ Responsibilities Statement set out on page 45, the Trustees are responsible for the preparation

fair view.

" give a true and fair view of the state of the

We have been appointed as auditors under section 43 of the Charities Act 1993 and report in accordance with regulations made under section 44 of that Act. Our responsibility is to ‡ statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board’s Ethical Standards for Auditors.

" have been properly prepared in accordance

This report, including the opinions, has been prepared for and only for the charity’s Trustees as a body in accordance with Regulation 30 of The Charities (Accounts and Reports) Regulations 2008 and for no other purpose. We do not, in giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.

20 Finsbury Street London

at 28 February 2011, and of the group’s incoming resources and application of ~ year then ended;

with United Kingdom Generally Accepted Accounting Practice; and

" have been prepared in accordance with the requirements of the Charities Act 1993. ÂŽ ' ' +( I We have nothing to report in respect of the following matters where the Charities Act 1993 requires us to report to you if, in our opinion:

" the information given in the Trustees’ Annual Report is inconsistent in any material

„

Newton Investment Management Ltd 160 Queen Victoria Street London EC4V 4LA BlackRock Investment Management (UK) Ltd, 33 King William Street London EC4R 9AS Longview Partners LLP Thames Court 1 Queenhithe London EC4V 3RL 9 PricewaterhouseCoopers LLP 31 Great George Street Bristol BS1 5QD

" Q been kept by the parent charity; or

"

6 ' ' * # 4 An audit involves obtaining evidence about the

Q

free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the group’s and parent charity’s circumstances and have been consistently applied and adequately disclosed;

estimates made by the Trustees; and the overall

*

80

are not in agreement with the accounting records and returns; or

" we have not received all the information and explanations we require for our audit. ' 7 EE Chartered Accountants and Statutory Auditors Bristol 13 July 2011 PricewaterhouseCoopers LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

9 ' ' = # '

;# ( * #< ( 4 4

X' Œ

Actuarial Valuation

–

JI # #

 *

Backlog Tasks

Repairs/Projects

Tasks which have fallen behind their normal cyclical date.

Current Service Costs Cyclical

– Repairs/Projects

#

* Repeated at regular intervals.

" $ .

Funds

Funds allocated by the Trustees for particular purposes.

Discount Rate J 4 .

Pensions Funds

The interest rate assumed on the scheme liabilities. 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 the Trustees from the Trust’s own funds. The general policy for new properties acquired is to set up an endowment fund at the point of acquisition.

. I 3 U

ÂŽ

‰ ~ # Q  its charitable activities.

; # .

Funds

This is the working fund of the Trust. It pays for the general administration of the Trust and

Heritage Assets

Assets

& # $ ÂŽ 4 7 44 x& ÂŽ7~ Improvements 9 # +#

Properties

Local Committee

Properties

Maintenance Reserve

Funds

Net Gain

Board of Trustees’ Report – Financing Our Future

Past Service Costs U .

– Funds

Special Trusts in 7 " +

Properties and funds

6 ##( " $ ; # . . Total Return

–

Repairs/Projects Assets

Funds Investments

Π# # U Investments ΠL Funds ( Backlog Reserve Π. Funds

ΠLegacy Receipts

Legacies

National Trust Annual Report 2010/11

Q * Assets which have historic, artistic or environmental qualities and are held or maintained principally for their contribution to knowledge and culture. Properties partially funded by government grants, administered on behalf of the government by English Heritage. Any shortfall in grants provided is supplemented by the General Fund. Tasks which enhance a property or its facilities rather than just maintain them. Cannot be sold or mortgaged – the Trust has the power under its Act to declare property inalienable. This also means the property cannot be compulsorily purchased against the Trust’s wishes without invoking a special parliamentary procedure. Properties whose management is overseen by a local committee and funds are designated for the properties’ requirements. The funds are designated by the Trustees and this is not a legal obligation. A reserve created to guard against unforeseen falls in legacy income – to enable the Trust to continue its conservation project work. Net Gain is total ordinary income, less total ordinary expenditure expressed as a percentage of total ordinary income. This means that for every 80 pence we spend on operating activities we aim to generate at least £1 of income so that at least 20 pence is available to fund capital projects,

& our reserves. #

* Gifts and legacies where the donor has placed a restriction on their use. The results of Special Trust properties are credited to restricted funds. Properties which have been given to the Trust upon legal trusts and are governed and operated

* } #

} # Â * | } #

Q } # � * –

} #  the General Fund is called upon to provide the funding. –  #

to the Trust. The funds are designated by the Trustees and this is not a legal obligation. Funds tied to particular purposes – includes restricted and endowment funds. The income and capital growth on our investments – the Trust operates a total return policy on certain of its endowments. That part of the total return over time that has not been spent on charitable purposes. A long-term reserve to provide investment income for under-endowed properties.

Unrestricted funds are free from any legal restriction; they include General and designated funds. The results of General Fund properties and Specially designated properties are transferred to unrestricted funds. Legacy receipts which can be applied to any purpose other than administration.

;# ( * #< ( 4

81

' * # 4 . L( = ; A key target set by the Board of Trustees is to achieve a Net Gain of at least 20% on an ongoing basis. Net Gain is total ordinary

Â?Â&#x; ‡

' <

income, less total ordinary expenditure expressed as a percentage of total ordinary income. This means that for every 80 pence

2010/11 membership

we spend on operating activities we aim to generate at least ÂŁ1 of income so that at least 20 pence is available to fund capital ˆ

& *

income excludes ÂŁ2.9 million (2009/10: ÂŁ4.6 million) relating to Gift Aid and VAT. In 2008/09 membership

#

'

income excludes ÂŁ5.2 million relating to Gift

,,! ,@

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Âź

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to ÂŁ1.7 million.

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in 2006/07 excludes a

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million and ÂŁ2 million

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provision against Gift

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%!B

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[*^

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costs to include short-term cyclical

¢ project costs (tasks with a lifetime spend of under £25k). This has been excluded from the Net Gain

. L( = ;

calculation above to aid comparison with prior years. Further

24

details are provided in Note 1. �Š  projects (expenditure

22

incurred on the Trust’s

%

conservation and preservation aims) are excluded from 20

Net Gain. Exceptional items excluded from ordinary expenditure in 2009/10 amounted

18

to ÂŁ6.1 million 2006/07

2007/08

2008/09

2009/10

2010/11

(2008/09: ÂŁ0.6 million and 2007/08:

Net Gain (historic basis)

82

' * # 4

ÂŁ3.5 million).

Governance of the National Trust ÂŽ 4+ ' ' < 7 #< 7 44 JI 4

Trustees

Grisilda Harrison (appointed by the National Association of Decorative

Simon Jenkins, Chairman Sir Laurie Magnus, Bt, Deputy Chairman

& Fine Arts Societies) from January 2011 Richard Haslam (elected member)

Patrick Casement OBE Sue Davies (until September 2010) Sir Crispin Davis Richard Farrant (from September 2010) Sir Edward Greenwell (from September 2010) Charles Gurassa Nichola Johnson (from September 2010) Sir Mark Jones Hugh Matheson (until September 2010) Prof. Adrian Phillips Simon Timms (until September 2010) Michael Quicke Mary Villiers OBE DL

Robert Hillier % 4 & 5 ' $ *+/+ John Hoare (appointed by the Campaign to Protect Rural England) John Hughes (appointed by The Wildlife Trusts) Valerie Humphrey (elected member) Nichola Johnson (appointed by the Museums Association) Diana Kershaw (elected member) until October 2010 Henry Keswick (elected member) until July 2010 Dr David Leigh (appointed by the Institute of Conservation) John Lloyd Jones OBE (appointed by the Countryside Council for Wales) Fay Mansell OBE (appointed by the National Federation of Women’s Institutes) Rodney Morgan-Giles (appointed by the Country Land & Business Association) Dr Pat Morris (elected member) Robin Page (elected member) Pamela Paterson % ! & 5 ' Beverley Penney (appointed by the Open Spaces Society) Prof. Malcolm Press (appointed by the British Ecological Society) Michael Quicke (elected member) Margaret Richardson (appointed by the Joint Committee of the National Amenity Societies) Christopher Rodrigues CBE (appointed by VisitBritain) from November 2010 Ian Rowat (elected member) Michael St John Parker (elected member) Prunella Scarlett % 4 & 5 ' 6 *+/+ Sophie Scruton (elected member) Simon Timms (elected member) Adrian Tinniswood (elected member) from October 2010 Prof. Caroline Tisdall (elected member) Guy Trehane FRAgS (appointed by the Royal Agricultural Society of England) Mary Villiers OBE DL (elected member) until October 2010 Nesta Waine (appointed by the National Association of Decorative & Fine Arts Societies) until December 2010 Robert Waley-Cohen (elected member) until October 2010

Council Simon Jenkins, Chairman Sir Laurie Magnus, Bt, Deputy Chairman Robert Morley, Senior Member (appointed by the British Trust for Conservation Volunteers) Sophie Andreae (elected member) Christopher Boyle (elected member) Nicola Brentnall (appointed by the Prince’s Trust) Clare Broom (elected member) Keith Brown (observer, appointed by the National Trust for Scotland) John Burton (elected member) Roger Cadbury (appointed by the Soil Association) Marian Campbell (appointed by the Society of Antiquaries) until September 2010 Patrick Casement OBE (appointed by the Secretary of State for Northern Ireland) Penelope Cobham (appointed by VisitBritain) until October 2010 Charles Collins (elected member) Rosie Corner (elected member) from October 2010 Annette Cotter (appointed by the Ramblers’ Association) Gillian Darley (appointed by the Society for the Protection of Ancient Buildings) Sir Crispin Davis (appointed by the Confederation of British Industry) Kate Dickson (elected member) John Farley (elected member) Richard Farrant (appointed by Sustrans) Clare Gapper (appointed by the Society of Antiquaries) from October 2010 Colin George OBE (elected member) Cristina George (elected member) from October 2010 Mary Gledhill % " & $ ' *+/+ Caroline Goodall (elected member) from October 2010 Harry Goring DL (elected member) until October 2010 Martin Green % " & $ ' *+/+ Charles Gurassa (elected member) from October 2010

National Trust Annual Report 2010/11

Tim Watkinson (elected member) Dr Rowan Whimster (appointed by the Council for British Archaeology) Rosanne Williams (elected member) from October 2010

; ' = #

83

ÂŽ 4+ ' ' < 7 #< 7 44 JI 4 (continued) 7 44 '

7 44 the Council

Appointments Committee

Nominations 7 44 ' 4 Trustees

Sir Laurie Magnus, Bt, Chairman Sue Davies (until September 2010)

Robert Morley, Chairman

Nichola Johnson

John Hughes Valerie Humphrey

(from September 2010) Prof. Adrian Phillips

Christopher Mill

Sally Smedley Mary Villiers OBE DL

J J $#

(from November 2010) (from February 2010) Mary Villiers (until October 2010)

Nominations 7 44 ' 4 7' 4 " ( Chairman Robert Morley, Chairman Christopher Mill Simon Timms Guy Trehane FRAgs

Investment Committee David Smart, Chairman Sir Crispin Davis Dr Jeremy Fairbrother Richard Farrant (from September 2010) Neil Honebon John Innes Hugh Matheson (until September 2010)

Nominations 7 44 elections to the Council

Senior Management Remuneration Committee

Nominations 7 44 # 3 $

Sir Laurie Magnus, Bt, Chairman David Conroy (from January 2011) Colin George OBE Simon Jenkins Mike Regan Mary Villiers OBE DL

Timothy Haywood Robert Helliwell

Clare Broom, Chairman

Dr Richard Anthony

Freddie de Lisle

Arabella Amory

Ann Bartleet

Sally Machin ÂŞ $

Nick Atkinson Barbara Bates

Anthony Palmer

Andrew Cox

Prof. Marilyn Palmer Elizabeth Perkins

Peter Davies MBE Stephen Davis

Richard Symes Graham Vernon

Bernard Price CBE

Sally Dore

Sheila Stone

Dr Steve Jarvis

Prof. Richard Wilson

Alastair Taylor

Diana Kershaw

Andrew Walster Jenni Waugh Kiran Whaley Alan Woods

Bob Mark Victoria Nye Karen Price Mary St Aubyn Tim Stapleton Alan Taylor Miles Thistlethwaite Martin Thomas Nicola Watt John Young

Dr Paul Biscoe Susie Furnivall Andrew Green Prof. Bob Reeve

3 7 44 Michael Quicke, Chairman Robert Boyle Richard Farrant (from September 2010) John Farley Sir Laurie Magnus, Bt Hugh Matheson (until September 2010)

Chairman Wendy Andrews

South West #( " ™ 7 ## X I

Anthea Case CBE,

Rodney Morgan-Giles, Chairman Sophie Andreae Christopher Mill Dr Rowan Whimster

Charles Collins, Chairman Roger Brimblecombe Dr Pat Morris Timothy Watkinson

U $ # 7 ( 3 (

Retired during the year: Dorothy Abel Smith Evelyn Baker Anthony Eastwood

E ™ 6 ' J #( ' 4 ™ 6 # 6 ' J Robert Morley, Chairman Graham Archer CMG Tom Bartlam Ashley Brown Margaret de Fonblanque Jonica Fox Edward Fremantle Dr John Godfrey Eileen Moss Sue Nix Brian Oldman Steve Rodrick David Scott Lindsay Shead Peter Smith Anthony Spink Jean Stidwell Retired during the year: Lady Sara Aubrey-Fletcher Harry Goring DL Prof. Brynmor Green OBE Edward Leigh-Pemberton ARICS David Tye FRICS

as at 28 February 2011 The eleven Regional and Country Committees have been replaced with the following eight Regional and Country Advisory Boards

84

Ž # #( J X Ž # Stephen Brown, Chairman º † †  Susan Christian Margaret Cund Alice Dugdale Paul Evans

; ' = #

Kunigunda Gough Victoria Harley

Retired during the year: Asif Afridi Cassius Francis Gillian Lane Cox

= ' 9 # Roy Bailie OBE, Chairman Louise Browne Robert Burgess † ª Phil Mowat Wendy Osborne OBE Ian Rainey Retired during the year: Patrick Casement OBE Clive Gowdy Cathy Law

North West Prof. James Keaton, Chairman Helen Carey OBE DL Jolyon Dodgson Prof. Kelvin Everest Paul Everson John Kay Prof. John Lee Michael Limb Rev. Canon Michael Middleton George David Thornton OBE Rupert Thorp Dr Will Williams Retired during the year: Carolyn Adams Prof. Graham Ashworth Dr Jenny Benson James Carr

Retired during the year: Samantha Davis Alastair Fitzgerald Ken Middlemiss Brian Peters Jeremy Pope Richard Wilkin LVO MBE Anthony Wood MBE

Wales Sir Roger Jones OBE, Chairman Mark Baker  � ¹ Geraint Edwards ª ª Q ¹ Bettina Claire Lascelles Harden MBE Jane Haworth Keith James OBE Prof. Gareth Wyn Jones Robert Lowe Lyn Owen Prof. Hazel Walford Davies Retired during the year: Thomas Lloyd OBE

Ž 4+ ' ' < 7 #< 7 44 JI 4 (continued) > H ' ™ ' = ' J

Sir Hugh Roberts KCVO

Nature Conservation Panel

JI 4

Prof. Debby Reynolds CB,

Dame Fiona Reynolds

Dr John Bridge, Chairman

Francis Russell Dame Rosalind Savill DBE

David Carruthers

ÂŞ |

Jane Clifton Michael Collier

Anthony Wells-Cole

Prof. John Altringham Penny Anderson

Paul Boniface

Lady Jane Gibson

Commercial Panel

Alastair Driver

Director of People and Governance until November 2010

(nĂŠe Blackburn) Âş ÂŞ Q

Charles Gurassa, Chairman

Prof. Jeremy Greenwood CBE

Helen Browning

Jonathan Larwood OBE

7 #8 $9 ; *+/+

Chairman

Director-General

Niall Hardie-Hammond

Alice Avis MBE Jane Dean

Heather Hayward

John Derkach

Prof. Julian Orford

Colin Howard

Timothy Parker

Dr George Peterken

Andy Copestake

Dr Richard Howarth Liz Sharples Caroline Stewart

Nick Tarsh

David Streeter MBE Prof. William Sutherland

Director of Finance

Andrew Thomas Peter Vicary-Smith

; ™ H # 3 ( # as at 28 February 2011

3 ' # # Jason Wood, Chairman David Baker OBE Dr Amanda Chadburn Prof. Dai Morgan Evans Veronica Fiorato George Lambrick Prof. Marilyn Palmer Melanie Pomeroy-Kellinger Ken Smith Prof. Peter Stone Dr John Williams

Architectural Panel Francis Carnwath CBE, Chairman Dr Malcolm Airs Sarah Ashmead Graham Bell Nicholas Cooper Ptolemy Dean Catherine Graham-Harrison OBE Richard Haslam Birkin Haward Mark Hoare Peter Inskip Terence O’Rourke Sam Price Margaret Richardson

Arts Panel Lady Lisa White, Chairman Dr Reinier Baarsen Martin Drury CBE Christopher Gibbs John Harris OBE David Leigh

Dominic Cole, Chairman Lady Alice Boyd Paul Campbell Steve Fancourt Peter Holborn David Lambert Michael Lear Dr Anthony Lord John Phibbs Tim Richardson

E Œ ™ Access Panel Lord Julian Darling Chairman Lady Sara Aubrey-Fletcher Christopher Boyle Annette Cotter George Dunn Prof. Janet Dwyer John Lloyd Jones OBE Nicholas Pearson Sue Prince OBE Rachel Thomas CBE DL Guy Trehane FRAgS John Varley Alan Yates

David Ellis Director of Business Improvement until March 2010

& & & # E 4 as at 28 February 2011 Richard Broyd, Chairman Lionel Chatard Sharron Costley Matthew Johnson Anthony Lewis

Sarah Flannigan < = ; *+/+ Tina Lewis Director of People & Legal Services from November 2010 Claire Mullin Director of Brand & Marketing from January 2011

(also Company Secretary)

Sarah Staniforth Stephen Swift Jonathan Thompson

Simon Murray Director of Operations Peter Nixon Director of Conservation

' National Trust xJ ~ E 4

Sarah Staniforth Deputy Director of Conservation

as at 28 February 2011 Charles Gurassa, Chairman Andy Copestake Simon Murray Sarah Staniforth Stephen Swift Nick Tarsh Sue Wilkinson

Sue Wilkinson Director of Supporter Development

Learning Panel Paul Manners, Chairman Prof. Patricia Cullen Don Henson Stephen Hill Doug Hulyer Prof. Chris Husbands Annie Merton

National Trust Annual Report 2010/11

; ' = #

85

2010 Annual General Meeting The National Trust’s Annual General Meeting took place at STEAM,

The results of the resolutions were as follows:

the museum of the Great Western Railway, in Swindon on Saturday 30 October 2010.

U # ' 3 # U . # 6 4 € 4 >

The Chairman, Simon Jenkins, welcomed some 630 members to Swindon,

Q *

U # ' 4

He thanked the 61,000 volunteers who had given a record 3.5 million hours last year, acknowledging how much the Trust depended on their support

' 7 EE # ' # ' next Annual General Meeting 4 >

to welcome visitors to all the places in the Trust’s care. He explained the progress that had been made with introducing a new structure by decentralising the organisation and giving property managers more

ÂŽ 4+ # # ' 7 # This resolution explained the contribution that property volunteers

discretion with local decision-making. This was helping to revolutionise

bring to the Trust’s work, and ways in which their voice might be more broadly represented within the Trust’s Council. Result: carried

the internal workings of the Trust to make it more responsive to the needs of the places in its care and its membership and visitors. More work had been done in helping houses to tell their own stories – visitors could now expect to see people using kitchens and croquet lawns, playing pianos

possible. These were just a few examples from a determined programme of bringing houses to life. The Chairman paid tribute to the Trust’s successes over the past decade under the Director-General’s leadership. # � ª Ž ‰ ~

# during the year, including the opening of Seaton Delaval Hall and the start of the restoration of the New Inn at Stowe, which was one of the Trust’s most ambitious conservation projects. Not all events could be planned for though Š ~ ” Â? | House and in the local community. Following last year’s launch of the ‘food glorious food’ campaign, the Trust was continuing to promote local produce through a thousand allotments given to communities to grow their own food, with packets of seeds given away to plant in recycled pots and window boxes. Fifty orchards had been restored, helping to maintain many old varieties of apple and at the same time providing a natural habitat for insects and wildlife. Beehives had been introduced at 40 properties. Finally, the Director-General urged everyone to support the campaign to save the Nostell Priory Brueghel which relied on raising ÂŁ2.7 million through public appeal. # Â?  ” ‘

# * # KK›ŒUK

ˆ introduced in the way that properties were run, giving property managers greater autonomy over their budgets and allowing properties to build up

ˆ * –

of properties meant perpetual liability for their maintenance – the Trust had spent over £100 million on maintenance and improvements during the year as well as reducing slightly the conservation backlog. Visitor facilities constantly needed to improve to embrace higher expectations. Commercial activities (including shops, restaurants and holiday cottages) and legacies had both boosted income, and while the Trust’s investment

* Â?

results were healthy and the Trust had exceeded its Net Gain target. In the morning, the Chairman, Deputy Chairman and Director-General discussed the questions and concerns of individual members in more detail. Regional Director for Wessex, Mark Harold, launched a public consultation on ‘the outdoor nation’, inviting views and opinions from guest speakers Katie Herring, Rhys Jones and Dr Gavin Sandercock, the * <

� ” | Chief Curator of Historic Royal Palaces, and John Goodall, Architectural Editor of Country Life contributed to a debate on ‘bringing houses to life’.

86

For } Â?

#

Against Z_^ ÂŹ Z_^

X^ ^[] ^] X^ zÂŹZ

# I ( $ # 4 $ This resolution invited members to approve new rules for extraordinary general meetings of the National Trust. The Board of Trustees recommended that the Trust adopt new rules because it wanted to reduce the risk of supporters’ money being spent unnecessarily on costly meetings instead of furthering the Trust’s core conservation work. The resolution only related to extraordinary general meetings and

* Result: carried

} Â?

#

For XZ ]X^ ^] XZ YÂŹX

Against [ \zY ÂŹ [ \zY

The results of the elections to the Council were as follows: 7  ª º } † � – ‘ †   # † # ‰ |  † ¹ < ‹

º ‚ ¹ ‘  # ‰  ª ‰   ‹ # –  ¹   ª ‘

= 4+ M XY XYÂŹ [ __Z Xz ]Y[ z _^[ XZ Y]_ X[ _Y] XY X\[ Y ^\] ^ ]_[ XÂŹ ___ XZ X_\ XX ÂŹ]ÂŹ XX _\X X[ Z__ _ []_ \ Y_Y XX \Yz XX z]Z XÂŹ ^^\

J# U L #

‰

‰

‰

The 2011 AGM takes place at the Royal Concert Hall in Nottingham on Saturday 29 October 2011.

; ' = #

The year on record B # ' # J J $#

I+ $' & ##< = #H A copy of the book Roman-Catholick

6 J 4 . < X H . < 7 4+ $ ' [154: TL566701] 0.76 hectares (1.88 acres) of a Site } } <

National Nature Reserve land

Bedingfeld family ownership marks, was purchased from the antiquarian

their husbands. Vita eventually chose to stay with her husband, Harold Nicolson, and they went on

‰ ‚ }

to create the garden at Sissinghurst.

Leonards, East Sussex, with funds from Oxburgh. The book was

64 ##'( ' # < ÂĄ

Doctrines no Novelties (1663), with

neighbouring National Trust land at Wicken Fen, funded from the Wicken Fen Accumulated Revenue Reserve and Wicken Fen Vision � – Ž *

published anonymously as it was illegal to produce books on Catholic subjects in England at that time.

X 4 # & ##< 7 4+ $ '

[133: TG128418] 3.1 hectares (7.66 acres) of woodland adjoining existing National Trust land, funded from a ¹ † *

A copy of the book # "

& 4 & @ Consort (1867) in brown morocco presentation binding with ‘VA’ monogram was purchased from Jarndyce Antiquarian Booksellers with funds from Wimpole. The book was originally compiled under Queen Victoria’s auspices for private circulation and was subsequently published. This copy contains an inscription from Victoria to the 5th Earl of Hardwicke, who sold Wimpole in 1894. A view of Wimpole Hall by Richard Bankes Harraden ÂĄU³³@°U@ÂŻ ¢ U@ purchased from Miles Wynn Cato, London, with funds from Wimpole and from gifts and bequests to the National Trust.

; +( & ##< E # ' A book by Matthew Smith, Memoirs of Secret Service, 1699, with a provenance from Henry Massingbird of Gunby, was purchased from Blackwell Rare Books, Oxford, funded by a ÂŁ200 grant from the Friends of the National Libraries and from gifts and bequests to the National Trust. This volume still contains one of the hand-written book labels that were added to the books in the Gunby library in 1781, probably marking how they were arranged on the shelves.

National Trust Annual Report 2010/11

West, which culminated in the pair eloping to France pursued by both

X (+ X < 6' $' 4 J < = #H

E ' 6 ' J ' M( < & 4 ' A George III silver inkstand by William Plummer, 1786, was purchased at auction at Bonhams, London, with funds from The Vyne and from gifts and bequests to the National Trust. The inkstand had been owned by # Â

ÂĄUÂł U°Â›K¢ inherited The Vyne in 1776.

6 ( 7 # < ÂĄ Two pen-and-ink drawings with wash by Samuel Hieronymous ÂŞ ÂĄU³™™°Â›=¢

U³@™ purchased at auction at Burstow and Hewett, Battle, East Sussex, with funds from Scotney. One of the drawings depicts Scotney Castle and provides a useful record of its appearance in the 1780s.

6 $' 7 # < ÂĄ A portrait of Violet Trefusis ÂĄU@›=°U›³ ¢ } Âş ” ÂĄU@>¯°U›=U¢

U›U› accepted by HM Government in lieu of inheritance tax and allocated to the National Trust for display at Sissinghurst Castle. In 1919 Violet ` }

Trust and with grants from the MLA/V&A Purchase Grant Fund and the Friends of the National Libraries. In the late eighteenth century the menagerie with its rare and exotic birds was the chief attraction of the garden at Osterley.

Two items relating to Ellen Terry ÂĄU@=³°U› @¢ Â

Victorian and Edwardian stage, were purchased from a US estate with funds from gifts and bequests to the National Trust. The acquisition includes a letter from # Âş  ¥U@³¯°U›™@¢ the American actor who became her third husband in 1907, and a sketchbook of theatrical costumes by Terry’s daughter Edith Craig ÂĄU@¯›°U›=³¢ in creating the shrine to her mother at Smallhythe Place.

b}b X ' U < 7# ' 4< E [176: TQ292761] Gift of an early nineteenthcentury Grade II listed townhouse which retains its original layout and many original architectural features, once home to Khadambi Asalache, a Kenyan-born poet and writer. During his residence in the house, Mr Asalache embarked on an ‘artistic journey’ which manifested itself in the creation of a remarkable and intricate fretwork decorative scheme made substantially from old door panels and wine boxes. The gift was $ # Mr Asalache and is now undergoing extensive conservation work prior to its opening to the public.

# ( H< E A book by William Hayes, Portraits of rare and Curious Birds [‌] from the Menagery of Osterley Park, London (1794), was purchased at auction at Sotheby’s, London, funded from gifts and bequests to the National

' (

7# 4 E ; < 6 ( Six items of garden furniture with a provenance from Robert  + < ¥U³ >°³=¢ at Claremont were purchased by private treaty from Lord Powis with funds from bequests to the National Trust.

& 4 & < 6 ( A silver heart-shaped memento mori commemorative locket, set with ‹ } � ª

ÂĄUÂŻ=K°¯K¢ inscribed & 7 ! (sic) around a skull and crossed bones, probably dating from the 1660s and with a provenance from Ham House, was purchased at auction at Holloway’s, Banbury, with funds from Ham House and from gifts and bequests to the National Trust. A strong-box, made from oystered olivewood covered with decorative gilt bronze straps, English, dating from the 1670s and with a provenance from Ham House, was purchased at auction at Holloway’s, Banbury, with funds from Ham House and from gifts and bequests to the National Trust.

' 4 ÂŽ < U '4 < 6 ( [176: TQ180736] 9.9 hectares (24.46 acres) of grazed water meadow on the bank of the River Thames, approved by the Executive Committee in 2002 subject to a funding contribution from the Petersham Meadows Trust as well as the transfer of the freehold from London Borough of Richmond.

87

B # ' # (continued) ΠH< X 6 I

Brownlow, 5th Baronet and

A pair of silver salvers by William

` # ÂĄU¯›K°UÂł>=¢ was purchased at auction at

E( . 4< U $ <

# ( 7# < X H '

Bonhams, New Bond Street,

[139: SP197712]

London, with a 50% grant from the MLA/V&A Purchase Grant Fund, a

32.03 hectares (79.15 acres) of

c.1720; a burr walnut chest on stand c.1700; and a mid-eighteenthcentury giltwood side-table with

Peaston, 1744, with cast openwork borders including grape vines and masks, was purchased

needlework covers in imitation of cut velvet; a giltwood pier mirror

with funds from gifts and bequests and with a contribution

5% grant from the Friends of the

agricultural land to the south west of existing National Trust land at

verde antico marble top. A watercolour portrait of Sir

National Libraries and with funds

Baddesley Clinton. The acquisition

† † ÂĄU³›@°U@>›¢ ‘

from a fund set up by the late

from Belton and from gifts and

Simon Sainsbury. The salvers are

bequests to the National Trust. A landscape painting with

was funded by Mr H S Briscoe, Mr T Sadler, Mrs M M Hawthorne,

Legh of Lyme was purchased at auction at Railton’s, Alnwick,

Mr S D Sourbutts, Mrs C E Williams

funded from gifts and bequests to the National Trust. A copy of John Dryden’s

at auction at Sotheby’s, London,

engraved with the arms of Sir Matthew Featherstonhaugh, 1st Bt ¥U³U=°³=¢ ´

bequest and the Baddesley Clinton

ruins by Bartolomeus Breenbergh

Accumulated Revenue Reserve.

} œ ”

¥U³ °@@¢*

ÂĄU>›@°UÂŻ>³¢ auction at Sotheby’s, Amsterdam, funded from the MLA/V&A Purchase Grant Fund, with funds from Belton House and from gifts and bequests to the National Trust. The painting originally came to Belton from the collection of Sir ‹ Âą ÂĄUÂłU=°³=¢ London merchant, whose daughter ÂŽ Âą ÂĄUÂł>¯°U@=³¢ Sir Brownlow Cust, 1st Baron Âą ÂĄUÂł==°U@K³¢* # was sold from Belton in 1984, just before the house came to the National Trust.

Ž # & H & ##< " +( ' An early nineteenth-century Empire-style morquette carpet by Piat Lefebvre et Fils, possibly after a design by Bruno Renard, was purchased at the Chatsworth ‘attic’ sale organised by Sotheby’s on the premises, with funds from Hardwick. The carpet had

Country Life photograph of the Drawing Room at Hardwick taken in about 1900. A group of nineteenth-century Cavendish family deed boxes was purchased at the Chatsworth ‘attic’ sale organised by Sotheby’s on the premises, with funds from Hardwick. The Cavendish family owned Hardwick until 1959.

ÂĄ # & ##< " +( ' A sacra conversazione (a depiction of the Virgin and Christ child in the company of saints, in this case Mary Magdalene, Peter and Peter Martyr) attributed to Palma il Vecchio (c.U=@K°U> @¢ private treaty through Christie’s, London, with funds from gifts and bequests to the National Trust. An antique tiger skin was donated to Kedleston Hall by Mr Terry Upton for one of the rooms in the house which are displayed as they were at the time of Lord Curzon, Viceroy of India.

X # X' $ X < 6 † ' [127: SJ936042] 4.96 hectares (12.26 acres) of woodland at Whitgreaves Wood, adjoining Hilton Cross Business Park and Whitehouses Lane, given to the National Trust by Advantage West Midlands.

7' # H< X H ' A neo-Tudor centre-table with a possible provenance from Charlecote was purchased at auction at Lawrence’s, Crewkerne, with funds from Charlecote and from gifts and bequests. Even though the connection to the house is not proven, the table is of exactly the type of antiquarian furniture that was popular with the Lucy family of Charlecote in the nineteenth century.

# & < E # ' A copy of John Ogilby’s Britannia ÂĄUÂŻÂł>¢ for England and Wales, with a provenance from SirJohn

88

' (

ÂŒ & < X H ' Four groups of Sèvres porcelain objects including cups and saucers, a teapot, various sugar pots and milk jugs and other items which had been stolen from Upton in 1968 were recovered as they were coming up at auction and have now been returned to Upton.

E E $ < 7 4 7 < X ' [150: SO888448] A Grade I-listed lodge with 950 square metres of land adjoining the London Arch entrance to the park. The acquisition was funded from the Croome Garden Acquisition Fund.

North West E 3# ' 4 U < 6 ( #< X #4 # < 7' ' [109: SJ820836] U *›™ ¥™U*›> ¢ land between Manchester Airport and the Styal Estate, funded from the General Fund.

E(4 H< 7' ' A Flemish old master painting and a group of items of eighteenthcentury furniture with a provenance from Lyme Park have been accepted by HM Government in lieu of inheritance tax from Nicholas Legh and The Hon. Mrs Simon Weinstock (formerly Laura Legh) and allocated to the National Trust for display at the house. The items include a painting from the circle of Paul Bril (c.U>>=°U¯ ¯¢ A Wooded River H 4 Egypt; a set of chairs with original

translation of Virgil illustrated by Hollar, Lombart and others, mostly after Francis Cleyn (1697), and with a provenance from Lyme Park, ‘ ! ¹ London, with funds from Lyme and from gifts and bequests to the National Trust.

= # † ; 7 $ < 6 ( #< 7' ' [109: SJ833832] $ ÂŞ Â

nineteenth-century glasshouses in 0.44 hectares (1.08 acres) of land, originally home to the head gardener to the Greg Estate and therefore forming part of the entity of Quarry Bank Mill and Styal Estate. The acquisition was funded from For Ever, For Everyone appeal funds, free legacies and bequests from Mrs M Basu, Mrs I Mould, Mrs A Unsworth, Mrs O Watson and Mrs F Wilding.

H< 7' ' A pair of Regency cut-glass dessert dishes bearing the Egerton family crest and with a provenance from Tatton Park was purchased from Delomosne & Son, North Wraxall, Wiltshire, with funds from gifts and bequests to the National Trust.

7# 6 ; ( 7 $ < X 4 < 7 4+ [97: SD388955] Eighteenth-century gateway leading to Claife Viewing Station, cottage and 0.45 hectares (1.11 acres) of land on the western shore of Lake | historic buildings and improving access. The acquisition was funded

B # ' # (continued) ‘ } ‹ Ž bequest, Lakeland Fund, North West Minor Projects Fund, North West Development Agency and Local Tourism Conservation Fund.

South West

## & < # < # < "

E E 4+ . 4< E $# L+(L. (< 7 ##

[180: SS555341] Gift of a rare survival of Grade <

‡

7 ' 4 X < J+ '< Gloucestershire

Goodwin, Mrs J Gulston, Prof. R H Gorrill and regional funds.

[200: SX129540]

[163: SO906127]

6 # . 4 x. ## . H~< 7 4+

Gift of 3.1 hectares (7.66 acres) of mixed woodland at Lombard

the late Mrs Beaulah Corney.

4.8 hectares (11.86 acres) of a }

} } <

[97: SD379862]

Ž ‘  * Endowment funded from Mr E

7 & < H# 3++ (< "

National Nature Reserve and Area

28.7 hectares (70.9 acres) of land to the north and south of existing

Shire bequest and regional funds.

[201: SX486668]

woodland adjoining National

Buildings and 6.62 hectares (16.36 acres) of gardens adjoining

Trust land at the Ebworth Estate. The acquisition was funded from

National Trust land at Buckland

 ª ‰ #

Abbey, funded with bequests from Miss V Worton, Mrs T Tiller, Mr R Stratton, Miss S Robb, Mr L Phillips, Mrs P Hind, Miss L Hill, Ms L Green, Miss M Emery, Mrs K Beedell and regional funds.

purpose fund.

National Trust land at Fell Foot Park, protecting part of the Windermere lake shore and improving access. The acquisition was funded from the Miss A Rowbotham bequest and the General Fund.

= ' 9 # .# 7 < Co. Fermanagh A book by John Ranby, Doubts on the Abolition of the Slave Trade, 1791, with the Earl of Enniskillen’s bookplate and a provenance from Florence Court, was purchased from Blackwell Rare Books, Oxford, with funds from Florence Court and from gifts and bequests to the National Trust. Ranby was a member of James Boswell’s circle, and this book is evidence of the passionate debate about slavery in the late eighteenth and early nineteenth centuries.

6 $' ##< 7 B E ( A number of objects were left to Springhill by the late Mr Anton Schafer, a US descendant of the Lenox-Conyngham family who lived at the house. The bequest includes two paintings of the Giant’s Causeway by Susanna Drury (KQU³™™°³K¢Â„ painting of the Giant’s Causeway † $ ÂĄU@K=°@¯¢Â„ unattributed painting of Bantry Bay; and a letter written by a member of the Lenox-Conyngham family from the SS Titanic.

National Trust Annual Report 2010/11

E ÂŽ ## 7 < 7 ## [203: SW666179] 0.25 hectares (0.62 acres) of coastal land adjacent to National Trust land at Mullion Cove. A National Trust Life membership was given to each of the previous two owners in return for transfer of the land.

E ' < $ $ & ##< # < 3 ' < 7 ## [203: SW598300] Gift of 0.92 hectares (2.27 acres) of land at Tregonning Hill, Scheduled Ancient Monument and part SSSI, ‘ ¹ by the late Mrs M Atkinson.

U '# $' ÂŽ # 4< 6 Catherine’ < . (< 7 ## [200: SX118509] Gift of the Rashleigh family mausoleum on land amounting to 0.006 ha (0.01 acre) at St  Â– Trustees of the Menabilly Estate. Endowment funded from the # Âą  *

E < + '< ¢ < 7 ## [203: SW392229] UU*™¯ ÂĄ @*KÂł ¢ and coast land enabling improved management of existing adjacent National Trust land, funded from Mr J Knight bequest, MrJ G Saunders bequest and Mrs M Barnes bequest and regional Neptune funds.

E '+ H . 4 & < # < " [192: SY075992] Detached farmhouse within 2.02 hectares (5 acres) of land to house the Plant Propagation Unit, funded from the General Fund.

E 4 X < # ( ÂŽ < = 3++ < " [202: SX845707] 2.37 hectares (5.86 acres) of woodland and pasture adjoining existing National Trust land at Bradley Manor. The acquisition was funded from the Mrs J Gulston bequest and regional funds.

of Outstanding Natural Beauty

E d $ & ##( 7 $ < 7' ' E < . # < = ' 6 4 [172: ST515736] Land and garaging adjoining National Trust property, Holly Cottage, funded from the Property Transformation Fund.

" 7 # < 6 4 † ‡ +‘ ˆ |

”

‡ [‌] Whitley Brake, Sept. 28th 1946’ was purchased at auction at Charterhouse Auctioneers, Sherborne, with funds from Dunster. The late Lt Col. Sir Walter ”

ÂĄU›U›° KK³¢

Dunster Castle and the greater part of its contents to the National Trust in 1976.

Ž & < 6 4 E 6 # 4+ < " [202: SX327373] 1.04 hectares (2.57 acres) of land adjoining National Trust land at Overbeck’s, funded from the H R Vernon bequest.

E 6' $' < " . 4 7 $ < " 4 < " [202: SX555645] Three parcels of land totalling 11.24 hectares (27.77 acres), comprising a car park, rough grazing, woodland and land adjoining the River Plym, joining together land holdings at Goodameavy and Trowlesworthy. The acquisition was funded with bequests from the Mr J N

' (

# ‰ Kipling (Captains Courageous and Kim) with a provenance from Constance Phelips at Montacute were purchased at auction at Rosebery’s, London, with funds from Montacute. An eighteenth-century four-poster bed by George Weller of Exeter was bequeathed to Montacute by the late Mrs Agatha MacKenzie, after having been on loan there and on display in the Curzon Room for a number of years.

89

B # ' # (continued) Wales

armour, objects related to Clive

other objects with a provenance

of India, the large brewing barrels

from Nostell Priory was purchased

3 " X # < Brecon Beacons

in the cellars and paraphernalia associated with the family’s sporting

by private treaty from Lord St Oswald with funds from

[160: SN987200]

interests. The objects will highlight

bequests to the National Trust.

14.7 hectares (36.32 acres) of

the importance of Powis as a Welsh

The acquisition of these objects,

woodlands within the Brecon Beacons National Park. Located

treasure house while also illustrating

together with that of the Brueghel,

the domestic arrangements.

will enable a fundamental review of the way Nostell Priory is shown to

National Trust land at Pen-y-Fan. The acquisition was funded from

> H ' ' = ' J

the public.

Major and Mrs Flint and Miss G M

7' (+ < = ' 4+ #

alongside the main access route to

Cemlyn-Jones bequests.

The Muir Dawson Collection of

ÂŁ ÂŽ X(+ < 7 ( A book byJames Ussher, $ $ to a Challenge made by a Jesuit in Ireland (1625), was purchased from Patrick King Rare Books, Stony Stratford, Buckinghamshire, with funds from the region and from gifts and bequests. The book relates to the history of the Bible and the Anglican church in Wales. The inscriptions and marks on the book show that it had a number of Welsh ÂŞ Q who was rector of Llanfrothen in the early eighteenth century.

& ' 6 4

< 3+ < E#( # [123: SH172264] 0.68 hectares (1.68 acres) of coastline and buildings along the Llyn Peninsula coastline, improving access and management. The acquisition was funded from Neptune Coastline Campaign.

7 # < ( A charcoal drawing byJohn Singer } ÂĄU@>¯°U› >¢ `

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– ÂĄU@ÂŻ>°U› ›¢ purchased from Anthony Mould Ltd, London, funded with a grant from the Art Fund and from gifts and bequests to the National Trust. The subject was instrumental in reviving the garden at Powis Castle from 1911 onwards. A large group of chattels with a provenance from Powis Castle, some of which had previously been on loan, was purchased by private treaty from Lord Powis, funded from gifts and bequests to the National Trust. The objects include furniture, silver, ceramics, arms and

90

100 printing blocks from Thomas Bewick’s studio was purchased by private treaty from Mrs Agnes � Q of Mr Graham Williams with funds from gifts and bequests to the National Trust. Books and ephemera, includingJohn Marshall, The Village Pedagogue, 1819, and W Davison, $ < #8 (1833), and a bundle of Georgianperiod bookplates, all with engravings by Thomas Bewick, were purchased from the antiquarian book dealer Alex Fotheringham, West Woodburn, Northumberland, funded by a gift from Mr and Mrs Jerry Coles of California and bequests to the National Trust.

= ## (< West Yorkshire A painting by Pieter Brueghel

¸ ÂĄU>ÂŻ=ÂŒ>°UÂŻÂ™ÂłÂŒ@¢ The Procession to Calvary, signed and dated 1602, was purchased by private treaty from Lord St Oswald with grants from the National Heritage Memorial Fund, the Art Fund and other trusts and foundations and with numerous donations from members of the public. The Art Fund collaborated with the National Trust on the fundraising campaign. The painting has probably been at Nostell since the second half of the eighteenth century and had previously been on loan to the National Trust. It is one of the most important paintings on display in any of the National Trust’s historic houses. A group of several hundred paintings, items of furniture and

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91

3. Retirements Pension scheme members retiring with service of 20 years or more ; † ( 3 4

3# E $ †

U + 6 #4

Building Craftsperson (Painter)

Property Manager

Building Supervisor

Thwaite Yard, Cumbria

Baddesley Clinton

Clumber Park

44 years

32 years

29 years

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Michael Scott

Excavator Driver Thwaite Yard, Cumbria

7 @ ; Z# Springhill

Gardener-in-Charge Hare Hill

34 years

24 years

22 years

Ian Bennett

E

Peter Thompson

Area Warden Stackpole 26 years

Property Manager Springhill 24 years

Building Craftsperson (Plumber) Dunham Massey 32 years

Fiona Clark Property Manager Sizergh Castle 25 years

James Loxham Property Manager Coniston 31 years

Christopher Toms Warden Kingston Lacy Estate 27 years

U ' . ( Forester/Warden Sizergh Castle 38 years

Nigel Nankivell Garden Assistant (Nursery) Lanhydrock 41 years

James Watts & ; Ž ! ‹ 22 years

; $ ; 4+ ## Retail Sales Consultant Corfe Castle 20 years

U + ## Gardener Kingston Lacey Estate 28 years

U + X # Area Warden North Cornwall 22 years

9 & $H Aviary Keeper Waddesdon Manor 33 years

Patricia Poole Receptionist †

– ‰ Q 20 years

ƒ † ( & ' Curator (Interiors) Waseley Hills, Birmingham 29 years

7 # U ## Conservator Scots Gap 24 years

Victor James Warden Aberdulais Falls 25 years

E ¢ U + Regional Director †

– ‰ Q 24 years

Roy Lake Building Supervisor Thwaite Yard, Cumbria 20 years

3 6 #4 Receptionist/Administrator Clumber Park 24 years

92

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_B 3 CorpComms Awards 2010, Best Communications by a

E ™ 6 ' J

North West

RICS South West Award

Wales Green List 2010,

for Building Conservation

award for 52 green heroes – members

Direct Marketing

National Honey Show,

– Corfe Castle

– National Trust

Campaign of the Week awards – Stowe New Inn

Ăƒ  honey category –

Soil Association awards

Communications Team

fundraising appeal

Dunham Massey, third in

– Stourhead and

ÂŞ volunteers in recognition

the set honey category –

Barrington, highlighting

of their dedication to

International Visuals

Independent newspaper’s

Speke Hall

sustainability in Wales

Communication

Green awards 2010, best village award –

their commitment to local and seasonal food and

North West Regional

endorsing quality retail

Coleshill Estate

Development Agency,

and catering.

> H ' ™ = ' J

Kent Design Awards,

Positive Action Award Northwest 2010 – Alderley

South West Awards, silver

2010 Yorkshire Rural

conservation category

Edge in Partnership with

medal for Best Visitor

Awards, restoration

winner and Country Life, Country House of the Year – Darnley Mausoleum

David Lewis

Attraction – Castle Drogo

# ¹ † 2010, Established Business of the Year Award – Dunham Massey

Taste of the West Award – Silver – Killerton honey, Bronze – Killerton cider and A la Ronde tearoom which is run as a concession by Paul Broom

award – How Hill Holiday Cottages, Fountains Abbey & Studley Royal

$ –

Association Clarion Awards – National Trust’s Forever video and A Plant in Time exhibition PR Week, commended for national media coverage in 2009–10 – National Trust Communications Team Recruitment Business Awards, Best use of Social Media – National Trust Recruitment Team ‰ & Association’s Pioneer Award – National Trust & achievements and approach VisitEngland’s Outstanding Contribution to Tourism – National Trust

J J $# Orvis Wild Trout Trust Award – Dave Brady for restoration work on the River Bure at Blickling North Norfolk District Council ‘Environment Award’ (2010) and the ‘Growing Schools Garden’ Accreditation (2011) – the Bower, Sheringham Park Rough Guides Accessible Britain Awards, Best Active Venue Category, highly commended – Wicken Fen Nature Reserve

Sussex Beautiful South’s Awards for Excellence, sustainable tourism award, highly commended – Uppark House and Garden

Ž # Conservation Awards 2010, the Pilgrim Trust Award for Conservation – Hanbury Hall, work by Perry Lithgow on the staircase wall-paintings of c.1710 by SirJames Thornhill Derbyshire Excel Tourism Awards, Most Promising Trainee award winner – Tim Turner, Careership Gardener at Hardwick Hall Derbyshire Renaissance Heritage Award for Inspiration – Hardwick Hall East Midlands Tourism Enjoy England Excellence Awards, bronze in the Large Visitor Attraction category – Calke Abbey

South West Cornish Buildings Group, commendation award – Trewavas Engine Houses conservation project Delivering Diploma Awards, Employer of Year category awarded high commendation for excellence in delivering new vocational diplomas for U=°U›  Ă€ ‘ Š #

of Powis Castle and

Visit Cornwall Tourism Awards, awarded Gold in the cafÊ of the year category – Trengwainton Garden tea-room, run as a concession by Nichola Osborne

Anglesey Tourism Awards 2011, Best Visitor Attraction of the Year – Plas Newydd

Regen South West } & Champion – Andy

City & Guilds medal of excellence award for 2010 – Fiona Braithwaite, Gardener at Bodnant Garden

Dawson Compliance & Environmental Practices Co-ordinator, Castle Drogo

Investors in People – Bronze Level for Wales

Marsh Heritage Volunteering Award – Wightwick Manor and Gardens Northamptonshire Care of Collections Award winner – Canons Ashby for its Bromham Parochial Library Project

National Trust Annual Report 2010/11

RHS Associate of Honour – Val Anderson, Head Gardener at Antony RHS Victoria Medal of Honour - Michael Hickson, former Head Gardener at Knightshayes Court

UK Landscape Awards, UK landscape of the year – Durham Coast in partnership with a number of bodies led by the County Council

= ' 9 # Visit Devon Tourism Awards, gold medal for Best Visitor Attraction – Castle Drogo

Wales Chartered Institute of Public Relations Pride Gold award for best inhouse team in the South West – National Trust Communications Team

The Institution of Civil Engineers’ Historic Bridge and Infrastructure Award – Cragside Iron Bridge

RHS Associate of Honour – Peter Hall, former Head Gardener at Powis Castle and more recently Gardens and Parks Adviser

' (

Action Renewables Association Awards, Best Energy Most Innovative Renewables Installation – Castle Ward base camp project Chartered Institute of Public Relation’s Pride Awards, gold award – Near you, Northern Ireland’s regular newsletter for supporters CIE Tours International, Visitor Experience Award – Giant’s Causeway Northern Ireland Tourist Board, Outstanding Contribution to Tourism Award 2010 winner and Sales & Marketing Excellence, runner up – National Trust

93

bB + 6( (

" ƒ ' 6' 7 J

Sydney Benson died on 18 June 2010. He was a member of the Yorkshire

Dr John Shannon CBE died on 2 June 2010 aged 92. He guided the

Regional Committee for nine years, was instrumental in the Trust

Trust towards buying Goddards in 1984 with the generous assistance

acquiring land at East Riddlesden Hall, West Yorkshire, and was a great supporter of Gibson Mill (Hardcastle Crags, West Yorkshire).

of the Noel Goddard Terry Charitable Trust. John was also a member of the Yorkshire Regional Committee for many years and, as well as championing York National Trust properties, he also took a particular

6 ƒ ' x ++(~ ;

interest in Ormesby Hall.

St John (Bobby) Gore died on 23 April 2010 aged 89. He was the Trust’s ™K * † ‹

6 ; † ( X ' $ #(

Buildings Secretary for the National Trust, he laid the foundations for our reputation as an expert custodian of historic houses.

Second son of Sir Charles Philips Trevelyan, donor of the Wallington Estate to the National Trust in 1941 and 5th Baronet, died on 28 Jan 2011

6 6 4 & +(

›K* } ª | * He enjoyed visiting his sister Patricia Jennings, now his only surviving

Sir Simon Hornby died on 17 July 2010 aged 75. He was a former member of

sibling, and contributed a keen and constructively critical view of the

Council, Executive and Properties committees and contributed generously to Chastleton House and the Trust’s Neptune Coastline Campaign.

property’s presentation.

E # X Daphne Hugonin Daphne Hugonin died on 4 March 2010 aged 85. She was a member of the donor family of Ormesby Hall. The late Colonel Jim Pennyman bequeathed Ormesby Hall to the Trust. The family connection is maintained through Jim’s cousin, Bill Hugonin, husband of Daphne.

E ( ÂŽ Lady Mottistone died on 22 November 2010 aged 85. She was the wife of the 2nd Lord Mottistone who bequeathed the 263-hectare (650-acre) Mottistone Estate to the Trust in 1965.

6 ƒ ' U

##< Sir John Riddell, Bt, died on 24 July 2010 aged 76. He was Chairman of Northumbria Regional Committee from 1995 to 2003 as well as a member of the Executive Committee.

7' U ( Chris Rodway died on 18 November 2010 aged 69. He was Secretary of the Chester National Trust Centre for 39 years and passed away after a long illness. He was a long-time contributor to the Voluntary Talks Service and, as a passionate promoter of public transport, helped to develop green transport links to our properties.

zB ' U ( # H . The Royal Oak said farewell to John Oddy who had been Executive � } } * As usual, they have been generous and have pledged gifts worth well over $100,000 to the following projects: the Gideon Tapestries at Hardwick, Seaton Delaval Hall, Croome, the Lake District Flood Appeal, Libraries and the Ickworth Silver Collection. They also facilitated the gift of $50,000 from Newman’s Own Foundation for habitat restoration in the Peak District. We are deeply grateful for their support. Their board tour in 2010 took them to Devon where they enjoyed a detailed tour around Castle Drogo, which is now the subject of a major fundraising campaign to restore the roof and stop it leaking. Their lecture series continues to be very popular, often featuring National Trust speakers as well as experts on other heritage subjects.

94

' (

Leslie Ward died on 11 November 2010 aged 78. He was Treasurer from U››¯  KK>°UK $  $ # Centre. He passed away following many months of serious illness.

E X # Lord Wolfson of Marylebone died on 20 May 2010 aged 82. He was Chairman of the Wolfson Foundation that was founded by his father and became one of the largest grant-making foundations in the UK, from 1972 until his death in 2010. The Wolfson Foundation has very generously supported a large number of priority conservation projects across the National Trust and has pledged a further ÂŁ2.25 million of support over the next three years.

. X # Freda Woolner died on 8 February 2011. She was a member of the donor family living at Bradley Manor.

}B ; Special appeals

7' +# ‡

We would like to thank all our supporters who give additional donations

 b<

 <b ‡ _<€€€

over and above membership fees. These donations are vital to the Trust

The 29th May 1961 Charitable Trust

Belsize Charitable Trust No.1

in our acquisition and project work. Our top ten appeals this year raised:

The Art Fund The Atlas Fund

The Bulldog Trust The Mrs Joyce Lomax Bullock

Ž †

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The Banister Charitable Trust

Charitable Trust

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The Charlotte Bonham-Carter

The Margaret Chattell

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Gordon Bulmer Charitable Trust The George Cadbury Fund

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The John Coates Charitable Trust The Country Houses Foundation

The John Allen Jones Family Foundation (UK) Ltd

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The Daneway Charitable Trust

The Kinsurdy Charitable Trust

¹ ¹ Ž ‰

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The Dumbreck Charity The Houghton Dunn Charitable Trust The Esmee Fairbairn Foundation Fisherbeck Charitable Trust The Grace Fry Charitable Trust The Galanthus Trust The George Dudley Herbert Charitable Trust The Ada Hillard Charitable Trust The John Horseman Trust The Lidbury Family Trust London Chamber of Commerce & Industry Commercial Education Trust The Esme Mitchell Trust Newman’s Own Foundation The Ofenheim Charitable Trust Peacock Charitable Trust The Joan K Reynell Charitable Trust Roman Research Trust The Royal Oak Foundation The Linley Shaw Foundation The Stanley Foundation Limited The Steel Charitable Trust M J C Stone Charitable Trust # }  # The Tanner Trust The Tubney Charitable Trust The Douglas Turner Trust G J W Turner Trust The R D Turner Charitable Trust The Sir Siegmund Warburg’s Voluntary Settlement The David Webster Charitable Trust ª | Ž The H D H Wills 1965 Charitable Trust The Wolfson Foundation The Richard and Jacqueline Worswick Trust

Elda Latin Charitable Trust The Leche Trust The John Parker Charitable Trust Pike Woodlands Trust (Claude and Margaret) The Kathleen Smith Foundation

9 # ‡  b< Mr and Mrs Richard Allan Mr Justin Anderson Mrs Yvonne Anderton Mr and Mrs David Andrews Ms Holly Bellingham and Mr Simon Turner Miss Moira Black and Dr Robert Gurd Mr and Mrs Frank Brake The Rt Hon. the Viscount and Viscountess Buckmaster Mr and Mrs Nigel Collis Mr and Mrs Jerry Cooper Mrs Lesley Dalladay Mr and Mrs Elwyn Davies Mr Simon Dingemans Mr and Mrs Thomas Eakin Mr and Mrs Neil Eckert Mr and Mrs Stephen Edge Mr and Mrs Ernie Fisher Mr Jim Fitzpatrick Mr Andrew Fletcher Mr and Mrs John Garratt Mr and Mrs Charles Gurassa ‘ ‘ ! ‹  ¹ Mr and Mrs Richard Hardie Mr and Mrs William Hobhouse Miss Davina Hodson Mr and Mrs David Killick Mr and Mrs Matthew Lindsey-Clark Mrs Margaret Lowrey Sir Laurie and Lady Magnus Mr and Mrs John Marston Mrs Joanna McVey and Mr Ken Saunderson Mr and Mrs Frederick J Meier Mrs Pamela Mills Mr Miles Morris Sir Jeremy and Lady Morse Mr Michael Murray Mr and Mrs Terence O’Rourke MBE

National Trust Annual Report 2010/11

Mr and Mrs Timothy Parker Dr Alison Rimmer Mr and Mrs Jonathan Scott Mr and Mrs Tony Teague Mr John Thomason Mrs Margaret Thornton Mrs Ruth Tuke Mr and Mrs David Walmsley Mrs G Walton Mr Philip Whale Mr and Mrs Peter White Mr Alan Williams Mr and Mrs John Wood 9 # ‡  <b ‡ _<€€€ Mr Humphrey Battcock Mr Pat Dingle Mr J Fletcher Mrs H Foster Miss Sheila Fraser ‘ ‘ ª ª

‘ } ª Q Mr and Mrs Andrew Haslewood Mr Colin Henderson Mr and Mrs Alan Johnson Mr and Mrs Robert Johnson Miss Jenny Joseph Mr William Kelly Mr Shinichiro Koba and Mr Satoshi Maeda Mr P Longley Mr A Mason Miss Judy Matthews Mr R Parsons Mr Ivor Sales Mr and Mrs Glyn Samuel Dr David Speller Mr R Steinbeis and Ms C Pierard Dr David Walmsley

Charitable Trust

‘B’ Account

' (

Charitable Trust Dr & Mrs A Darlington Charitable Trust The Hawthorne Charitable Trust

; L4 H $ + < # *## environmental trusts The National Trust was the grateful recipient of £30.1 million secured by grant applications in 2010/11. A list of acknowledgements is shown below but we would like to make special mention of the Heritage Lottery Fund, the National Heritage Memorial Fund, Big Lottery Fund, English Heritage, Defra, the Alice Trust, Forestry Commission, Natural England, Northern Ireland Tourist Board, Welsh Assembly Government, Department of Work and Pensions and Sustrans.  b < Alice Trust ¹ ¹ ”

ÂŽ ½ County Councils Department for Environment, ÂŽ ‰ † Department of Agriculture & Rural Development, Northern Ireland Department of the Environment, Northern Ireland Derbyshire Economic Partnership English Heritage Forestry Commission GrantScape Heritage Lottery Fund Local Authorities National Heritage Memorial Fund

95

}B ; (continued) National Museums and Galleries

Department of Work and Pensions

Direct Wines Ltd

Natural England Northern Ireland Tourist Board

East Midlands Tourism East of England

Dunbia Limited

Development Agency

Sustrans Trustees of Nostell Priory

Environment Agency

Welsh Assembly Government

Essex Wildlife Trust

½ Big Lottery Fund grants:

European Regional Development Fund

Sustrans — Wicken Spine Route

Exmoor National Park Authority

Getting Into The Past

ÂŁ564,960 ÂŁ75,389

Duresta Upholstery Limited E Park & Sons Limited Ecological Partnerships (NT) Limited Elstead Lighting Limited Endurancelife Fired Earth Limited

ª ‘ Highways Agency

Frances Lincoln Limited Frederick Warne

Ickford Real Lives

ÂŁ67,502

LANTRA

Gaze Burvill

Family Learning Project

ÂŁ39,333

London Museum Hub

Hankyu Hanshin Department Stores, Inc.

Big Family Idea —

Low Carbon Trust

Family Volunteering Project Funding £35,195 Pontfaen Landscape Llanerchaeron £14,695  ~ ” ‘ } & Å Snowdonia & Llyn £11,050 Sudbury Hall Woodland Playground £7,969 ¹ ‰ & £5,000 Basecamp feasibility study £2,400 Marsden Moor Interpretation Project £1,568 Lytes Cary Community Allotments £1,500

Museums, Libraries and Archives Council National Association for Areas of Outstanding Natural Beauty North West Development Agency North York Moors National Park Authority Northampton University Northern Ireland Electricity Northern Ireland Housing Executive Northern Ireland Museums Council } † }

& SITA Trust South West Regional Development Agency } Ž Swindon Borough Council The Learning Trust (Hackney) The Prince’s Trust Viridor Wales Council for Voluntary Action WWV Enterprises Yorkshire Dales Millennium Trust

ÂŒ  b < Aberdulais Tourist Information Centre Alpha Arts & Business Arts Council England Arts Fund ASMG Leonardo Partnership Beacon Art Better Woodlands for Wales Brecon Beacons National Park Authority British Council Building Research Establishment Chilterns Conservation Board Community Chest Grant Community Foundation of Tyne and Wear Connexions Countryside Council for Wales County Durham Environmental Trust Cuckoo’s Nest Department of Education (Northern Ireland) Department of Employment Department of & Â

Â

96

Corporate support We thank the following companies which have supported us this year: Alitex Limited All Leisure Arts & Business Ancestry.co.uk †‰ | ÂĄ} Q ¢ ”

BACS Brown Rudnick BT Northern Ireland Caspari Limited Chesneys Limited CMR Ltd Crane Sheds and Summerhouses Cranshaw Corporation Derbyshire Building Society

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HF holidays Hi-Tec Sports UK Limited HP Gibson & Sons Limited J C Whilton Ltd (trading as Icon Partnership) John Lewis Partnership ‚ Kraft Foods Europe Services GmbH — UK Branch (Cadbury) ” ´Â‚ ” Marshalls PLC MBNA Europe Bank Limited MĂźller Npower O.A. Taylor & Sons Bulbs Limited Q Â? Paul Craemer GmbH Peacock Blue Peers Hardy UK Limited Pride of Britain Quercus Joinery Limited (trading as Oakleaf Gates) Rivermill Limited Rollins & Sons (London) Limited Royal Mail RSA Saga Scotts of Thrapston Limited Searcys Sodexo Prestige Stevensons of Norwich Limited Superbreak Tenax UK Limited The Turtle Mat Company Limited Trafalgar Tours Unilever UK Limited Universal Music Operations Limited Vale Garden Houses Limited VFB Virgin Experience Days Westerham Brewery Company Limited Westminster Stone Company Limited

Woodmansterne Publications Limited Yorkshire Bank (Clydesdale Bank PLC) Æ ”

8. Supporter groups The National Trust works with more than 270 voluntary supporter

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groups. They donate thousands of hours of time, hundreds of thousands of pounds and enormous dedication to the support of both individual

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properties and the Trust in conservation, visitor experience and community engagement activities across the country.

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These funds allow the Trust’s properties and regions to progress hundreds of projects contributing to crucial conservation activities, expanding learning opportunities, improving access to Trust house, garden,

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countryside and coastal properties and enhancing the visitor experience.

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Supporter Groups continue to look at new and innovative ways of

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bringing in funds, attracting new members, and supporting projects.

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At their core is a dedicated group of very active people. Between them,

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Friends, National Trust Volunteer Groups and Centres and Associations raised ÂŁ956,323 in 2010/11 through over 800 separate donations, supporting activities as wide ranging as youth involvement on Brownsea Island (Salisbury & South Wiltshire Association), the Nostell Priory Âą ÂĄ} Q † ¢ Â

| Longshaw Estate (Peak District Centre).

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† ÂźZ YÂŹÂŹ Âą  Ÿ\ \ÂŹ\ Âą  Ÿ\ \\ÂŹ Âą Ă€ Âą  Ÿz [\ÂŹ Âą † ÂźY ÂŹZÂŹ Âą † ÂźXX ÂŹÂŹÂŹ Âą ‡ † Âź[ _^Y Âą † ÂźY ZÂŹÂŹ Âą ` Ă€ ¸ † ÂźY ZÂŹÂŹ Âą † Âź[ ZÂŹÂŹ Âą Ă€ – † Âź] ]ÂŹÂŹ Âą Ă€ ‹ † ÂźY ]ÂŹÂŹ Âą  Ÿ_ ÂŹ\ÂŹ  Â† ÂźX ]z[   Â† Âź[ X[X  Ă€ Â?  ŸY ZYÂŹ Â

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Further examples include: " < $ |  †

Bees initiative at Dunham Massey to build 20 hives for honeybees in the Walled Garden over the next three years. " # $ # } À Ž †

” Park to host ‘Mary Queen of Scots: Fact and Fiction’ this season. " # Ž †

~ wall volunteers in the park and sheep fencing on the chalk downland. " < | ‘ }  Rugby Association, the Worcester Malvern Centre and Birmingham National Trust Association have supported a computer for use by less able visitors at the Shropshire Hills, a wood chipper/shredder at the Brockhampton Estate, audio trail equipment and walk/ ~

 Â‹ at Hanbury, the stabilisation of a chimneypiece in Lord Coventry’s bedroom at Croome Court and a virtual tour of Moseley Old Hall. " ” | ‘ ‡ $ # `

variety of projects on National Trust sites, ranging from scrub clearance to stewarding at open-air events at Clumber Park and Reigate Fort. The interest earned on Groups’ deposits in the National Trust Supporter Group Loan Account will be allocated to the Castle Drogo Appeal. Each year Supporter Groups provide support to the Trust in an ‡ Š * < thanks to the dedication of the Groups’ committees who, as individual volunteers, give hundreds of thousands of hours to ensure Groups are managed well and that their members have a fantastic experience of the Trust. The support of all our Groups is greatly valued and those Groups which individually gave £1,000 and over is acknowledged:

National Trust Annual Report 2010/11

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97

8. Supporter groups (continued)

9. Legacies

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during the year from the estates of the following individuals. Without this generosity

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it would not be possible for essential capital

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projects to be undertaken at Trust properties,

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nor to fund the purchase of new properties.

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included in previous Annual Reports or Accounts.

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The National Trust is very grateful for bequests

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9. Legacies (continued) } $ ` ª

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9. Legacies (continued) •%,,,‡• 88

Mrs D E Curtis

Mr J L Hosking

Miss A Palmer

Mrs D L White

Mrs E Adams

Mrs P Cutting

Mrs K E Howard

Ms B P Parrish

Mr R A J White

Mrs D Altman

‘ # ‘ �

Miss I J G Howells

Mr H Pheasant

Mr R A Whittingham

Mr F Andrews

Mr W H Darling

Miss A B Hurt

Miss P Plumridge

Miss V D Whittington

Mr R P Askew

Mr J E Davis

Miss H Jeavons

Miss J I Poole

Miss J E Williams

Mr A Aston Smith

Mr C A Day

‘ † – º

Miss I Poulton

Mrs J F Wimbury

Mrs D F Attwood

Miss M W Dobson

‘ ” º

Miss N Raymond

Mr A Wood

Miss E M Attwood

Mrs P M Doe

Mrs D Jennens

Mrs D F Reid

Mr M E D Woodall

Mrs M P Auger

Mrs R D Dowding

Mr J W Johns

Miss B Rice

Mrs E Woods

Mrs B E Austin

Mrs S J Dunn

Miss M M B Jones

Rev G R Richens

Miss D Wright

Miss H E Baker

Miss C Dymond

Mr W Jones

Mr R B Ricketts

Mr R Wright

Miss K H Baker

Miss D I M East

Mrs P J Keane

Miss I B Rintoul

Mr T M Wright

Mr H Barkley

Mrs M W Edmonds

Mrs H M Kellie

Miss E D Roberts

Miss E Yarnell

Mrs J S Barleyman

Miss M V Enwright

Miss H R Keyser

Mr K R Roberts

Mr G H E Baty

Miss P M Evans

Miss A J King

Mrs P F Robson

Mr C J Bayliss

Mr D W Fairweather

Mr M F Laker

Miss M I Rose

Miss J Y Baynham

Mrs J G Faithfull

Dr D H Laney

Mrs M E Rouse

Mrs R M Beard

Miss E Farrar

Mr R H Lanfear

Miss C M Rummings

Mr R H Beck

Mr J V Fearnley

Miss J M Laughton

Miss M M Ruskin

Miss D Bennett

Mr E S Fison

Mr J R Lee

Mr C E Salkeld

Mrs J Bennett

Mr M Fletcher

Miss R C Lee

Mrs P A Saykowski

Mrs R K Benson

Mr S S Franklin

Miss R M Lenel

Mrs E Scott

Miss E Bernheim

Miss M C Furness

Miss G M Ling

Mrs M E Sims

Mr P J Birkett

Miss V Gilbert

Dr I K Livingstone

Miss M J Smith

Miss A E Blackburn

Mrs T M Godber

Mrs E L Lloyd

Dr S D Smith

Mrs D E Blagburn

Miss I J Gosney

Mr F W Lockwood

Mrs V W H Smyth

Mr J Brain

Mrs M K Gould

Miss B H Loder

Mr A A G W Stacey

Miss F M Bridge

Mrs D Gray

Mr J L Longden

Mrs D G Stannard

Mrs M R W Broad

Mr G D Gregory

Miss P K Lucas

‘ ‹ ¹ }

Mrs E M Brockes

‘ ‘ º ª Q

Mr R S Macleod

Mr W A Stork

Mr A E Brown

Mrs C H Grindle

Mr H E Manclarke

Miss S D A Summers

Mr K H Brown

‘ ‘ º ª

Mrs A B Marshall

‘ º } ~

Mrs P Brydone

Dr J Guy

Mrs M P Marston

Miss E A Symes

Miss E C G K Burnell

Miss B C Hanks

Mrs A A V Martin

Mrs D Taylor

Miss C G Campbell

Miss E H Harding

Miss E H P Maynard

Mrs J A Thirlwall

Miss I Cartwright

Miss M L Harley

Mrs B D McCann

Mr S G Timms

Mr K Chambers

Mrs M J Harper

Miss H D McIntosh

Mrs G M Tonks

Mr H F Christopherson

Mr K G Harris

Mr D Mellor

Mrs K Tozer

Mrs M M Cleaves

Mrs M E Haverly

Miss P M Meredith

Mr H G H Tracy

Mr W N Coates

Mr R A Hayes

Mr T K Meredith

Mrs A J Uttley

Mr A E Collins

Mr A Hellyer

Mrs M B Molony

Mrs J S A Valentine

Mrs I P Cooper

Miss E A Henwood

Mrs D J Mortimer

Mrs N F

Mrs M S Cooper

Mrs C I Hewes

Miss Z M Mosley

Mrs B M Court

Mrs D Hinton

Mrs E Moyce

‘ ¹ ‘ `

Miss P Y Cowie

Mr M T Holder

Mrs R K Munn

Mr H E Wade

Mrs M Cox

Mrs A Hollington

Mr A C Munro-Chick

Miss B L Walton

Mr J M Creeth

Mr K R Hooper

Mrs J L Nice

Mrs A P Ward

Mr L Crook

Mr M A Horsman

Mr C J Nowell

Mrs M Waters

Mrs B G Cunningham

Mr I A G Horton-

Mrs D J Nugent

Mr H M Wenzel

Mrs J Cureton-Jones

Smith MBE

Mrs G E C Packington

Miss C West

National Trust Annual Report 2010/11

9

# ( $ # `z # $ Â <

Van Der Keemel

' (

103

7 # 7 # ’ Heelis Kemble Drive Swindon Wiltshire SN2 2NA Tel: 01793 817400 Fax: 01793 817401 E ’ 32 Queen Anne’s Gate London SW1H 9AB Tel: 020 7799 4550 Fax: 020 7222 5097 Ž 4+ ' PO Box 39 Warrington Cheshire WA5 7WD Tel: 0844 800 1895 Fax: 0844 800 4642 Minicom: 0844 800 4410 enquiries@nationaltrust.org.uk X + www.nationaltrust.org.uk Information on Country and Regional

9 + H

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Walking in the Brecon Beacons National Park, South Wales

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' $ ' H # $ 4 Front cover ŠNTPL/John Millar p.1 ŠNTPL/Arnhel de Serra / Paul Harris / Arnhel de Serra / Joe Cornish B < | ™ _ ŠSylvaine Poitau/National Trust Magazine p.5 ŠNTPL/David Levenson | ŠSteve Young | ŠNTPL/Stuart Cox p.6 ŠNTPL/Arnhel de Serra / Paul Harris / Arnhel de Serra p.7 ŠApex p.8 ŠNTPL/Matthew Antrobus / John Hammond p.9 ŠNTPL/Simon Fraser | ŠReed Ingram-Weir p.10 ŠNT | ŠNTPL/Joe Cornish p.11 ŠNTPL/ David Levenson p.17 ŠNTPL/Arnhel de Serra p.18 ŠNTPL/Andrew Butler / Arnhel de Serra / John Millar / Arnhel de Serra p.19 ŠNTPL/John Millar p.20 ŠNTPL/John Hammond | ŠNT Emma Williams | ŠNTPL/Rod Edwards / John Hammond / Ben Selway / John Millar p.21 ŠNTPL/John Millar (x4) / Jennie Woodcock / Ben Selway p.22 ŠNTPL/Ross Hoddinott / Britainonview/Rod Edwards / Robert Morris / Joe Cornish / Simon Fraser / Joe Cornish p.23 ŠNTPL/David Levenson / John Millar / John Miller / Arnhel de Serra / Paul Harris p.24 ŠNTPL/Megan Taylor / Andrew Butler / James Dobson / Arnhel de Serra (x2) / Paul Harris p.25 Š NT | Š Julian Hughes | ŠNTPL/Cristian Barnett | ŠNT Laura Brown | ŠNTPL/John Hammond p.27 ŠNTPL/Arnhel de Serra p.28 ŠNTPL/James Dobson / William Shaw / Arnhel de Serra / Paul Harris / John Millar / Megan Taylor p.29 ŠNTPL/ John Millar / Robert Morris / John Millar | the Perry Lithgow Partnership p.30 ŠNTPL/John Millar / Andrew Butler / John Hammond / James Dobson p.31 ŠNTPL/Stuart Cox p.32 ŠJulie Lane | ŠNTPL/John Millar / Arnhel de Serra (x2) / David Levenson p.33 ŠNTPL/Paul Harris p.34 ŠNTPL/ David Levenson / Paul Harris / David Levenson / John Millar (x2) / Geraint Tellem p.35 ŠNTPL/Cristian Barnett / Leo Mason / Paul Harris / Michael Caldwell p.36 Ă‹$#Â–Â”ÂŒÂş  ÂŒ Âş Â? ĂŒ Ă‹Âş ‘ ĂŒ Ă‹$#Â–Â”ÂŒÂş ‘ ĂŒ ˆ ‹ | p.37 ŠLobster Pictures | ŠNTPL/Joe Cornish / David Levenson | ŠHamilton Kerr Institute | ŠNTPL/Joe Cornish p.38 ŠNTPL/Paul Harris / Robert Morris / Leo Mason p.39 ŠApex | ŠNTPL/John Millar / David Levenson / Arnhel de Serra 9 + H ŠNTPL/Paul Harris

104

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National Trust Annual Report 2010/11

105

This document is available in alternative formats on request from annualreport@nationaltrust.org.uk

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Š 2011 The National Trust Registered charity no. 205846 Heelis Kemble Drive Swindon Wiltshire SN2 2NA www.nationaltrust.org.uk 106