COMPANY REGISTRATION1¥4UMBER: 02502377 CHARrrY REGISTRATION NUMBER: 1002398 The Mayfield Trust Company Limited by Guarantee ri inancial Statements 31 March 2025 The Mayfield Trust Company Linjlted by Guarantee Flnancial Statements Year ended 31 March 2025 TnJstee8' at)nual report (incorporaling th¢ dir¢clorfs report) Ito6 Indcpendent &udilor'8 rcport to the mEmb¢r8 7tolO SiotL'mLnl offinanciAI activilics (including incomc And cxpcndithjre Account) 8tut¢mcnl of financial posilion 12 Statemenl of cash fluws 13 14to14 The Mayfield Trnst Company Limfited by GuarAnt¢¢ Truit¢¢J' Anoual Report (Incorporating the DlreetoWi Report) Year ended 31 Mareh 2025 The trwts¢4 who alsotbe directors for the puryM)ses of eompaThy lawg presenttholr roport and th tIn￿￿1￿1 stateM￿ts of the c￿lty for the year ethd 31 March 2025. The Mayfield Tru.8t Cnmp&ny Limited b} Guarantee Trustees, Annual Report {In¢orporating the l)ireetor's Report) Year ended 31 March 2025 Objectives And Activltles The charity's objective4 and princip&l activitie% arL 'ro iinprove the quality of life for children, yOLillb PLople, Adults and older people will) learniiig di5abililies lid i))ental illness and to prDvidc information, advice and support t-or Ilieir pareiils, relatives and carers. 'l.e#rning di%abi lity means any (leveloi)Inent disability of the Inind And any asyocialed condition however aused ai)d wli¢tlici'11)ild, ii'iodLraic or SLVCIL, We liave refcrred lo Ihe guidance contained in the Cliarity C.oinmi8sion'4 gei)eral xuidAnce on public bencfil wli¢i) rLviewing OLII. aiiii% and objeo'tiv¢s and iii plannliig our f(Iiure ¢?Ctivilies. In purliLLilar, Ihe Ci)unLil ol. Mun&gimLiil L()iisiULr hulv pl&nnLd acliN'ilic% will ciinlribiil¥ l() IhL ain?￿ lind ubJ¢LtiN,e￿ Ihey liill'e sel, lenilir.ftnl oetlvitle4 'I'he M(iylield-I'i-Ubl ei)l¢red tlie 2024-25 accoiinling year witli u slrdlegiL vision ol. consolidalioi) and slreii8lh' con80lid&ilin8 our services to en.4ure Ih¢y are the be.%1 th¥y can b¢ and sirenglhening our bu%iiiu¥$ opcrulioiis willi a focus 011 'qiiDlIty' I,'rr)m a man<1gLi￿¢nt aiid stuffin8 per4peclive wc havc undL'rgyune si)Inc .%i&Yiiificdnl LliaiigL5 in pLr5uiuicI thiy yuur, ¥vhicl) has, al liinL5. Laus¢d soiiie liirbulLn¢¥ ali)n&Y the M'ay. Moreover, the Lnd rcsuli ha.8 aligncd willi ()Iir 51rAILgi¥ viliori and WL httvc il()se(I the year wilh consolidalLd Icam and qLi￿lity pcrsoruiel in ()Iir key mle8. 'I'he Maytield Tr'ust's cDinpaiiy mi)IL) Ib "lielping pevplv live lili lo ilie lull. Ilirougliout the 20?4_25 IICCOLinlinèF y¢ar wc l)aVL labuloLlS examplLi8 ul liow we d() e.xactly IhHt cvery diiy. Nol only have we Liiiilinued witli Ihc pruvisiuii vl- qudlily pcisoi) Lenlred Liir¥, we huv¢ byoiie ihe exlra Iiiile &liLI i)ur 8laff have einbodied Ili¢ elhos of our Iiiotu Ihroughoul Ilie year. We have %lr¢ngih¢ned our community relali(Inships nd partncrship '.1. ork.ing "sp¢¢i2113' ,Ith (:aldnrdal¢, C.ollcgL ii,hcrc iiic SUPPOrtcd •.iici' ?l18tLJdenl.g wilh work-pluLLmLlJt LlPP(Trrluiiilius. W¢ hilVL slrori¥ rL'prL3L'nliilion friiYTI uiir:, Calderdale and Kirklees C'areers 8.¥sI)Lialiiin who work hard to ensLire the very hegi ¥ldndards aLI'oss our areft for IhL peoplL wc SLlPPOrt. 'I'hi8 re8iilieil in the rcncgnriatifti) ()I' I,IlLal Aiithorily I'unding I'or Ihe year, pr(i(liiLingi Li l OOYO fiindingi uplill. 'I'hrniighoiil thL' yeAr we h&vL bLLn Ihe beneficiary of inaiiy coiiiiiiuiiity ba5cd dLinuliuiis for whi¢h we are elern&2lly gFr&le.liil, .qpecial Ilianks are niiled lo IhL I l&ilifax RoLind TablL, NcsilL, Bl(icksloii¢ Piib aiid thi. tainily of Mi, J'l.. b"vci7 pound donatcd lo the Trust goLS directly lo the people wc s(Ippurl Ihi'vii¥l) otir ' flindraisiiig pot, which all oiir scrvic¢8 ¢an L15¢. lil addition we eomplelL a niimbcr nf intcrnal fiindrui8ing evenl.% Ihdt everyone btel% ful ly invulv¥d in Ii'uin Olir 8iimmLr 8￿1[ lo the C.liri$lrnc15 Pciii10. As part of our stratcgy lo iinpi'ovc qiiality Pl'*ILliL¢ we have iiitr()duLcil (iuanlilative (Ind qualildllVL burveys and ac.tions plans for the p¢ople w¢ 511pI)orl, fa. milies. and ¥inpl()>'ee,s. We are pr()ud Ihal th¢ people we support 1'81e our care provisioii a5 4.73 0111 (Trf 5 aiid Iiave provided u¥ willi c leai, feedback In h(Trw can rcach the golden 5 sltir s1iind&rd in their eyes. W¥ Coiilinue lo work oli qiiality with a se115c of pride knnwing lh¢ peopl¥ 5UPPOrt slal¢ w¢ doii't liave lo iinprove" 'Lverylhing 15 good" and "I love everyihiiig" Oiii. Ouli'cach and Day Opportiinilies scrvice has grown Irom sti'engili lo strength: aiihoiigh nol a slraloLYiC ,Ir¢a fvr growth iY¢ havg naturally s¢¢n an iii¥re&st' in attendance and uplake OF ()vcr 81 U/0 i 11 th¥ past three Jears. 100 /0 Ot. our p&reiilslcdrc¥rs 51al¢ thLy ivould I'ecominend our serviLe lo annihcr par¢nilcarver and that oiir servicu providcs 'valiie for nione) Those Ihtil iise our service tel l u.q I like it as il is" 'everyihin is guod" and 91 % tell LIS they enjoy the ailivilies di)d OULing% w¥ oll¥r. Tlie Mayfielol Triisl coiiliniie tu invest in oiir slal-l-: knowiiig Ih havL bLcn applicd Iv ruri liupporlL(I livinL) und nursinLi homcs and io pruvide supporl and A&8ibluncc lo pLrs()11s with IL'arning> disabililics. 'The Lhariiy's fixLd lis￿lS arc bcin¥ held lo maintain IhL ILVLI of support lo fulfil (he chariiy's policivo and objcclives. TIIL finanLidl uulcumc rcprc&ciits Ihc slrdlcb)iL pldri vf ¢uiisul idJlion aiid slrengih. The Trusl¢es arL pILa&Ld lo rcporl IhL¥L slurdy figurLS whilst ilPPI'ccialing they ure inLlusivc of k¢y pcrsonncl changc co%ls within the periud. Prlllelpwl funding sources Tli¢ principdl tunding, Nuurcos for Ihe Lharity arc by way of grani and ¢vnlrac¢ inc()me I'rom (h¥ LuL'al Authority. Caldcrdale Melri)polilan Burough CounLiI and I nleg?rdied Cdr¥ Budrd (ICB). Investment policy Trubleeb &re plcdscd with Ihc return nn invei?Imenl und revullliltion within the period. W¥ cuniinue Ir) review our iTIVe51m¢nls diid investmcnt poli￿ on d quarl¥rly b(Il>lS. 'I'hv'l ru.4tccs currcntly havc no plans to withdruw IhL investmeni b&lunLe. Strueturey %overnance Ydnd management Guvcrnin% dncumcnt The urgani%iilion 1.5 (i uhariluble Lompany limiled by guarantee. incorporated on 26 NovLmber 1990 47nd registered as a charity (bn 28 MarLh 1991. The company was Lsldblished under a Mcmor(>ndum olA&socialion wliicl) eslabli%hed Ilie ohjecls and powcri of Ihc LhdriLablL colmpany and is governed by its Arliulcs of Association. Ill thL evcnl ofthc conipany bcing wound up meinbLr.% di-c rcqiiirLd to conlribulc an amount not exLccding £1. The Mayfield Trust Company Limlled by Guarantee Trustees, Annual Report Oneorporating the Dlreetor's Report) (c'llAliMtsel) Yerdr ended 31 March 2025 Recruitmenl yppuintmL'nt Managcnwnt C.nmmittee M¢mbcr5hip nf thc charity shall bc opcn lo all people (whcther wilh or wiihoul a Ivarning disal)il ity) who de¢lJrL thcir suppori for and are in Synipalhy with the object5 of the Charily. The dir¢¢lorsof the Luinpany arc also Iru¥Lc¢s fur ihL purpo%￿. of charity law and undcr Ihc Lompuny's Arliclcs ol- A.ssocialioii arc known as mcmbers of th¢ Council of ManagTemcnl. Th¢ m¢mb¢rs of the Cuuncil or Management are aPPDinled for a fixed term of three years, they shall relirL from orrice, bul they may sland tor re-electinn. Th¢ uppoinlnienis. bliiill bL sliigg¥rLd lo cnsurc thal no morc than one third uf mLmbcrs thall bc required to rcsign from ofl'icc at cach annual geiieral meelin&'. OrRonlsallollAI structure The Mayfield'l rusl is conlrollcd by Ihc Trustees, whi) mccl on a monihly basis. There al'e fivc mcmbcrs from a vdricty nf profc$5ional backgrounds rclcvanl lo the work of the charity. Thc Managing DirLLlor is roèponJibl¢ fi)r thc ovcroll monogcmcni of Ihc churity ond rcporlA lo IhL Ir1191ccs, Thc d8y ti)doy rc9ponqibilily Tor inc pravision vi SLrviLes is aLiebiaLLa 10 (nc Ltiariiy Mdnagcmcn( I cam, oi wnich In¢rL arc iwo mcmitsrs who mLLt on u wcLkly basi4 8nd rcporl la ihc Mana8in8 Dircllur. Induction and trainin¥ uf new Trustees Induction and Iraining nt. new tru.%te&4 is givcn through a 'new Irublcc pack, which includes the Ch(Irity c￿MMi.￿s1on,.% 'Reypon¥ibilili&% of TrusleL4" and full dctai18 iihout The Mayficld Truyl. Key man8gemcn¢ rcTnuncratio On rLLClPt ot'ihc annual uplilTr from Ihc lucal authority and C'CCN, WC i?opulatc thc ti8urcs nnlo thc 1nLr¢mL￿tdl LmployeL puy modcl to diiuly.%c what wv can offcr all cmployc&s' WL propuNc a nurnber nt'optianl which is prcsenled to Trubl¢es. r,olluwingw thi%, Ihc Trubteeb review the optii)ns and ¥vnsid¢r ￿l￿rI￿gement &4laricx f'rom rcm¥ining iiplitlcd rcvcnuc within hiiilLye.I restriction8. r)eLi¥inns arc thcn made. and appi'uvecl lor all r(Jlcs. There 14 une memher nf kcy mllndgement per40nnel wirh a remiineralion over thrc4hold for thL cLuunling periud ul. L6U,UUU. Risk manAgoment Thc Trutilees alungi with the SeniL)r Miinagemenl Teum have Li)nducted a review i)I' Ihe majur ri.%ki lu which Ihc Lharity 1.% expobed. Wliere ai)pi'oprial¢, system.% ur proLLdurLI Iiuve b¢wi establi￿h¢￿ lu milibiatL thu ribky the Lhariiy faccs. IniLrnal coiltrol risks arc minimised by Ihc implcmunlalion ofprocedures for aLiihorisaliun l'ull Lran¥acli()n% and proj¥Lls, PruLvdurcs are in plaLe tu ensure Lompliancc with hcalih and s￿[￿ly ofslaff. volunt¢¢rs and th¥ pcvple with learning disabililics whivh it supporls. The Mayfield Trust Company Llmlted by GuarAntee Trusteej, Annual Report (Incorporating tbe DiTec¢or's R¢port) Year ¢nded 31 March 2025 Reference and *dAlnl8trntlYe detalli Regtst¢red chArlty name The Mayfield Trust Charity re8lstrntlon Dumb¢r 1002398 Company reglstratlott n•rnber 02562377 Prin¢lpal office and re8lBt¢red Mayficld House offlce W¢st Royd Close H41ifax West Yorkshlre HXI JBE Th¢ truite Rcscott S L Anderson L A Glbson R P Dougherty D M Bywater (Chair from 2711 Ir2024) (Cornpany Secretsry from 2711112024) (Treasurer from 2711112024) (Appointed 4 September 2024) Amdltor Waller Dawson & Son Chartered accounlant¥ & sta￿tory Auditor First Floor Office& Unit A4 Old Power Way Lowfield's Business Park Ellgnd HX5 9DE BankorA Lloyds Bank Pk Commerclal Street Hllifax HXI IBB Soll¢ilor8 Ramsdens Soli¢itor9 LLP Oakley House l Hun8¢rford Road Huddersfield HDI 2TH lllve8lm¢nt maAagers Close Asset Mana8ement Limlt¢d 8th fioor 10 Ex¢hange Squa Imrose Street London ECII 2B Y The Mayfield Trust Company I.imited by GuY4rantee Trustees, Annual Report (Incorporydting the Director's Report) (ct7ntinMedJ Year ended 31 Mareh 2025 Trustees, respnD4ibllilies st#loment I'he IrLisleeb, who are also dirL¢lors for the purposes of cotnpany law, are I'espnnsible for preparing the trustees, repoit and the IiiikiiiLiiil 51ai¢m¢nls in aL'cordance willi applicitblg law aiid United Kingdom Accounting Standard5 (Unitcd Kingdom Generally AcLepted Accounting Practice), L'oiiipaiiy law iequire.4 the charity tru81ees lo prepare fiiiancither piirpnse. T() the fullcst ¢xl¢nl p¢riiiilted by law, we do Iiot aLi¢pl or assunie responsibility lu anyone uih¥r Ihiln the charily 41nd IhL' charity's members as a body, for our audit work, for Ihis report, or for thc opinions we have formed. Juhn ard I lall (Senior 8tatulory Auditor) I'ur and oil bchalt'oÈ' Walter Dawson & Son C.harlered JLLounlanls & statutori, auditnr F ir5t Floor Offic¢s, Unit A4 Qld Power Way .()wtield'.s 8usin¥s5 P&rk .Ilun(I HX59DE 22J u&L &'i, io The Mayfield Trust Company Lirnlted by Guarantee Statemeot of Financlal Aclfivities (iDcludiTrg income and expenditure account) Year ended 31 Marcb 2025 2025 2024 To¢il fund$ Total funds Note IA¢ome and endowments Donations and legae5es Charitable activities Other Irading actlvlties Investment income 34.144 5.047.561 28,289 13,690 5,123,684 2,664 4,597.827 13,649 4,614,140 Totil Income Expendltur Expendlture on raislng funds: Cost8 of other trading activitles Exp¢ndilur¢ on chatilabl¥ aGlivilie5 Total expendlture (5,460) (4907.536) (3,724.080) (4,912,996) (4,483,4M) Not (losscsygains on investments li 16,684 9.520 Net IncornE and Aet movement th fund 227,372 140,216 Rocunclliatlon of fumd8 Total funds brou8ht forward Tot41 tarrled forward 2,512,203 2,371,987 2,739,575 2,512,203 All of the Charity's funds wtte unrestrictsd in both th? current and prior year. Th¢ 5tstement of flnBnclal actlvltles Includes all gains And losses re¢o¥nis¢d In the year. All income and ¢xpendlture d¢rlv¢ from continuing activilies. Tbe not•8 OD page5 16 to 26 fibrm part oftheyt flnaneial $tatemellt li The Mayfield Trust CoDJp#ny Limit¢d by Guarantee St*tement of Finvdncial Posltion 31 Mydrch 2025 2025 2024 Note Flxed ￿85et8 Tangible fixed assets InveslmenL 16 17 1,864,098 507,343 1,851.866 482,429 2071,441 2,334,295 c.urrent asgeh Deblvrs Cash at bank and in hand 18 380,926 824J87 624.937 402,478 1,206,313 1,027,415 Crcdltdr.: JTr.Jun:: nne yeAr JUL Ii'it! 19 576,906 567.082 N¢¢ Current ag$ttB 576,906 460,333 Totol aJg¢ts le8J ¢urrent IIAb115tlei 3.0110,1148 2,794,628 Credltors: gmouDtJ fallin% due after more than one ytir Net 20 261,273 282.425 2,739,575 2,512.203 Fund8 ofthe ¢haTIty Unrestricted tunds 2,739,575 L739,575 2.512,203 2,5 12.203 Tot*ltbarlty fuDd• 23 These financial statem¢nls h&ve been prepared in a¢¢ordance with the provislons applicable to ¢ompanies subject to the small companigs, regime. These financial statement$ were approved by the board of iru8lees and authorised for issue on 22 October 2025 , And are signed on behalf of the buurd by,. Rcscott Trustee Company Registration Numbcr,, 02562377 The notes on pgges 16 26 form pgjrt of these financi415tAt¢m¢nt 12 The Mayfield Trust Company Llmlted by Guarantee Statement of Cash Flowi Year ended 31 March 2025 2025 2024 Cgjh IIow8 from operatlni acdvltl Net income 227J72 140,216 Adiusimenlsfor.. Depreciation of langible fixed assets Net (gainsyIos8¢5 on inv¢$¢ment5 Divldcnds, interest and rents from investments Interest payable and similar charges ProfLt on disposal of tangible fixed assets 65,064 {1fj684) (13,6911) 24,874 66,932 (9,520) (13,649) 26,146 (1,889) Changes In.. Trade and other debtors Trade And other croditor3 244,011 8376 539,223 (251,008) 269,161 224.389 Net ¢4sh from operating a¢tlvliiey Cash Ilowj from Inv¢stlng *elivltieJ Divid¢nd8, interest And r¢nts from investments Purchas¢ of tangible aysets Proceed3 from Sale of tan8ible assets PUrch￿e$ of other investments Pr￿edS from sale of other investments 13,090 (77,296) 13,649 (38,607) 6,600 (422,523) {381,066) 414,295 372.515 Net ca8h used in invesllng aclivities (71J36) (26.909) Cijh flo￿ from fm*nein8 aetivlli Repayments of bomwings Int¢rest paid Net cash (uyed Inyfrom financlng a¢tivities (19W) (2U74) {44,478) (18,544} (26,146) (44,690) Nel In¢rea8el(decrease) ID ¢gsh Ind cish equlvalents Cash eosh equiv*leDt¥ at beginnlng of yewr C•gh and ew5h equivAlent8 at end oCy¢ar 422.909 402,478 825,387 {152,790) 249.688 402,478 Thp llotej on pages 16 to 26 form p4rt of th¢9¢ nnwnelal stat¢m¢llts. 13 The MAyfield Trust Company Limitcd by Gu#rnntee Notes to the Financial Statements Year ended 31 Mareh 2025 General Inform4tiun The Lharil> is u public benefit entity and a private company limited by guaraiitee, registered in England and Wales and a regisiered charity in England aiid Wales. The address ol Ilie Yegislcred office is May fiL.Id Huubt, Wesi Royd LIOSL, Halifax, I IX l Jtjr,, .4t#tement of Loinpll4nee These financial sl&tem¢nls have beei) pirpared 111 coinpliance with PRS 102, 'The Financial Reporting Siandurd dppliL',ublv iri Ili¥ I IK Aiiil Ili¢ Rti>ul)lI￿ lif I iYlai)d', Ilie Statei)i¢nl ot. R¢coinmcnLIL.J Pructi¢c 41ppIiLiilil¢ lu ¥liui"ili¥'b VILPal Illb Ilieii. a¢iOUllts iii ac¢ordarn¢e with the r. inRnLial RLporting Stllndllrd applicable in the UK and Republi¢ of IrelaThd IfrRS 102) (Charities SOKP (FR8 1112)), the Companies Act 2006 and Ilie C.haritlCg Act 2011. Accountin¥ poll¢le5 Basls of preparatlon The Mayli¢ld Trust meel.% Ihe definitioii ot. a publiL bcncfil ciility under FR% I Q2. The tinancial st4leinLnls have been prepared on Ilie liislorical L()sl ha%is, rniidi fivd by the revaluation ot- ccrtain rinai)ci&l asscls and liabilities. The tlnaiiciAI ylhlLmcnts arc prcparcd in sierling, which is tlie tunclionHI L'urrency ol Ili¥ entity. Golng conc¢rn There are no malcrinl uncertflinties about Ilie Lharity'8 abilil> lo cunliiiLIe. Judgements Rnd k¢y 8ources Df egllmAtlon unccrtninty The most si¥nifiianl ari'.M4 1)I' Iifii'p.rtninty IIiHI tiffi'.r,I the, Lhiryrily lire C,iiviit- l () as discu5s¢d iii ¢h¢ Annyal Rep()rt' the levels ()t investment return. key judgemenls arouiid pr(Iperly valuations and prvvi8ions' the iinpaLI of ilie nori()nal living wiige aiid pensioii ii)Lreaseb; piiblic sector t'Linding and ils impact oli servic IL%er numbeis. Fund gccounllng Unrestricted lunds are available for use al the discretion lif the Iru5tee¥ in Ilie furtherancL ol tlic ¥cn¥ral objectives L)f th¢ Lliarity. Unrestricted tiinds include a revaluation reserve representing 11)e restaieineni of tixed assets, Dcsignatcd tiinds are unrcslricted fiinds earn)arked by the trLlSt¢Cs for purposes. Traiisfers to or fi'om the designated fund ar¢ al th# Irust¢¢s' dislrelion. Restii¥l¢d lund5 are 5ubje¢led Iv r¢slri¢lions ot) their expenditu￿ imposed by Ihc donor or through tlie terms of an dppeal, 14 The Mayfield Trust Company Limited by Cjuarantec Notes to the Financlal Statements (cfjniliiAerfJ Ytar ended 31 March 2025 Accoun¢ing poll¢les (fulllinuert) In¢Trrning r¢sour¢c8 All incoming resources are inLluded in the slalement of financial activities wlien entitlement h￿5 pabS¥d tu the charity, it is probable that IhL' uYonomi¢ benefi13 associated with the transaction will flow to th¢ charity and the amount Cali be reliably m¥uyured. The tollowing? speLifiL policies are applied to categories of incon)e'. income frorn donatinns or gFranlq 18 rccognised when IE]¢re is evidence of cntitlement lo the gift, receipt is probable, and its amoui)I can bts mea%iired rcliably. income froin conlra¢l8 for Ihc siipply of services is recogni¥ed will) IhL delivery of the Lonlracted service. This is clM.%.qifi¢d us unresiriclcd liinds unless there is & ¢onlracliial rLqLiiremenl foi. il lo be spent oli a particuldr piirpose and retiirned if unspent, in which case it may be regarded as reslricTed. invLsimenl income is incliided wlien receivable. Ruvurces eypended xpendilui'e h¢L4 b¢¢n Lh¥4rged lu Ihe .4lalemLnt of financial aclivitics on an accru&l8 bn8i8 ineliislve of VA T that Cal￿0t b¢ re¥ov¢red, aiid is r¥port¢d y.% pan ot'lhe expenditure to whilh il relalLs' Costs of generating fund5 Lomprise Ihe co.415 U%4OLlllted with attracling volLiniary inc(>m¢. Lharilable expendifvre buinpri%e% Ihi>%e L(k4t% inciirred by the charity in Ili¢ delivery of it8 aclivilics and serviccs for ils beneliciarieb. 11 inLludc% both co¥ts that can bc alloLat¢d dir¢6tly lo such ULliviiies unLI those costs nf an ii)direcl iiature t() support Ihl'm. Govemp411Ce Costs ii)clud¢ t1105c cos1& as50¢iated with nieeling the L()nqtitulinnal 2nd 8lalUtory r¢quii'emenis ut. the chdrily and iii¢lud¢ audil fees and ¢osls linked lo the strategic nianabjeinenl of Ilie charity. All costs are allocalcd betweeii Llie expeiidilure ¢alegori¥s of the slaletnent of financial acllvities 8 ba81.8 dLii¥n¢d to r¢fle¢l the use ol Ihe resource. Costs rel&tiiig lo a particular (i¥livity ar# allocated directly whi18t others are apportioned on an appropriat¢ basis. Operating lea¥e5 Rcnla15 payable linder operating leas¢5 are charge(l to the stateineiil of tinancial activities as incuiTed. Tanglble aqAets Land and building5 arc staled ai deeined cost using a rcvalualion under previou5 IJK GAAP. Fumishings, equipment dnd niolor veliicles are slated at Cost. Fixcd assets al'e capitalised, and rhe relevani expenditiire is inLurred on ac¥rual'g basis. Tlie costs of tninor &ddiliuns or Iho¥c costin¥ below £1,000 are not generally capilalised. Is The Ivtayfield Trust Company Limited by Guarante¢ Note8 to the FinanLiYal Statements (collelnNtd) Year ended JI March 2025 Accounting polieics fco1iilii￿eaj Depreel4tlon Dcpr¢ci&lion is cnlciiltttcd so ns lo wrile oft the cost or valuation of an asset, les% ils rosidual value, Over the us¥ful eLvnomic life uf that asset as follows: Tr'reehold biiilding.8 r,ixlurcs and fittinKs Motor vchiclc 20/0 slrAight line ?O¥/o fLducing baloncc 330/0 reducing Freehold l&nd Is not deprecillted, Investments Lisl¢d invc91mLnl.4 uyL' IneA8iired Ai fuir vthluL wilh Lhun¥u.4 in fuir vuluL' hLiiig ruuiigniJL.d in iiicoin¥ or expenaiiure. Cash At bHnk In hand CiLs11 Lil i1￿1K diid iii Iidi IJ iiiknluJ¥s Ldsll aiiJ slivil l¢iiii Iiiglily liqliid iiivebliiieii15 willi a sliort iiialurily siich as a depo.8il or similar acLounl. C.reditfjr8 And pruvision Cr¢dilupi provisionb are rL'Lvgnis¥d wh¢re th¥ oharity has 41 pr¢senl obliLTrativn re5ullin¥ froiii d pabl event that will pi'oL?ably result in a transfer of fund5 to a Ihird party and the ELmL)unl duc lo settle Ihe obliLiuiion can be measured or cslimatcd reliably. c.reditors and pruvisii)n5 arc nonnally recognised at their settlement amount allowing for 8ny trade disLounly duc. Inanelal In¥truments A tlnancial asset oi. a financial Ilability 15 rccoxnised only whcN the enilty heecimeg a party lo the conlra¢lual provi5ion5 of thL inslrumenl. Basic financial inslruinenl.4 arc initially recognised 81 the llmouiil reeeivrible or payable including any related transaction costs. Current assety and current liabiliticy are subsequently mcasur¢d at th¥ Cd%h or other Lonsideration expcclcd lo be paid or r¢cciv¢d aiid not dislounted. Wh¢re investments in shares or prcf¢r¢nc¢ ¥har¢s llr¢ publicly iraded or their fair valiie can othorwls¢ be mcasurcd rcliftbly, thc invc51ineiit 18 .8ub4equenll)' me&¥ured Al fair valiil with ch&ng¢5 in fair value r¢¢ognlscd in incoine and cxpendilure. All otlier such invesiinrnlb are subsequ¢nily Measur￿ at cost less impaimient. For all eqiiity in%trumenl.8 r¢gardles5 of signifiLktnLL, and other finanoial assets that are individually signifiLanl, tl)e8e dr¢ assessed individually tor I￿1P￿11r1ll¥Tr(. 16 The Mayfield Trust Company Llmlted by Guarantee Notes to the Fln4nciAI St*tements Year ended 31 Mareh 2025 A¢eouDting policlel ftonllttwed) Deflned contrlbutlon plany Contributions to defined contribution plans are recognised a5 expense in Ihc period in which the r¢lated service is prvvided. Prepaid Qonlributlons are rccognised as an asget to the ext¢nt that the prepaymenl will lead to a reductivn in future payinents or & r&8h refund. Llmlted by gMArantee The company does nol have a share capital being a company limited hy guarantee. 1nd1vidi￿1 trustee's liability is limited to a maximuin of £1. Donatlon$ ond legleles Totil funth Total Funds 2025 2024 DoD*tloAJ Donations 34.144 2,664 ChArltgble Aetivilie8 Total thnds 'folal Punds 2025 2024 Nursin Outreach Supported Living Other 1,176,401 I,OJ9,786 2,830.166 1,208 1,076,179 790,564 2,731,084 1047,561 4,597,827 Other tr•dlng wctlvltlos Total fund8 Total Funds 2025 2024 Fundraising ev¢Dts 28,289 Investment Income Totsl Ibadj Total Funds 2025 2024 IAil¥r¥¥l uiid divideiidii r¥¥¥iv&bl¥ on investments 13,690 13,649 17 The Mayfield Trust Company Limlted by Guarantee Note8 to the Finhn¢Aal Statements (cowrfn¥edJ YeAr ¢.nde,d 11 MvArc.h 2n25 Expendiéure un chxrituble aL'livléie¥ by aetivity typ¢ Activities undertaken dir¢¢ily Support costs I'otil fiiDd8 2025 Tolal fiind 2024 Nursing Oulieaknli Supported Living 872.480 790,937 2,157,282 3,820,699 299,061 l9,850 567,926 I,l71,54l 1,010,787 2,725,208 1.165.185 85•.090 2.466,169 4,483.444 1,086,838 4,907,536 Acliviti¢s iinAvvtrntrpn Tntnl fiinAq directly Support costs 2024 Rc.side,ntio1 Flnme.I Leisure SLlPPOrted Living 8hi,n19 631,159 1.961,685 1.16.S.185 8.52,Q90 2.466.169 220,931 504,484 I,O?A7,581 3,455,86J 4,483,444 lth AnAlyi15 of support ¢ost 'rotal 2025 I'otal 2Q24 Statl costs Prcmi5es CommuniGations and IT Finance costs CJovem8nce e0515 TravLI and motor exy¥ii5¥5 Legal and professlonal Olher ¢xp¢nses Bad debts Depreciation and profits on dispo¥al 551.156 127,186 62,4J4 24,874 8,719 41 1,368 241,398 69,688 26,146 15,400 96,014 31,580 117,044 2,346 IS,l40 62,938 120,372 65,065 64,931 1,086,838 I,027,.$81 18 The Mayfield Trust Company Llmited by Guarrdntee Notes to the Financial Statements (ewthK¥ed) Y¢v4r ended .11 Mareh 2025 I l. Net gyJinsl(loy&is) on inveytmemts Total Fund8 Total Funds 2025 2094 Losse5 on Sale of li5tsd inv¢slmgnts G&ins1(10sses) on tevaluation of investments (7.J 73) (7,037) 9,520 6,684 16,684 12. Net Income Net income is 9tated aftcr chargIn￿(credItIng). 2025 2024 Depreciation of langlble fixed assets ain on disposal of tan8ible assets Fees payable for the audlt of the financial statemen Operating lease costs: equlpment 65,064 64,932 (1,889) ,640 2,964 9,000 13. Stsff eojtj The lotsl staff costs and employee benefits for the rewirting period are analyyvd as follows: 2025 2024 W&8es and $alarle& Social 8e¢urlty ¢05t5 Employ¢r oontributions to pension plans 3,903,673 332,$99 74,619 3.589,452 273,436 67,865 3,930,7S3 4JIO,893 The av¢ragc head count of employees during the year was 183 (2024: 127). The average number of full-tlme ¢quivalent employees durlng the year Is analys¢d as follows: 2025 2024 Office and m&iwgement staff Care workers 15 112 183 127 One employee received employce benefits of between £60.000 and £70,000 during th¢ year (2024: one). No other employtts received employee benefits of mote than £60,000 during either the current or prlor year. Key Management Per8oDneJ Key management personnel include all persons that have authority and r¢spon5ibilily for plannin& directing and controllin8 the activities of the charity. The total compensation paid to key management personnel for services providcd tg th¢ charity was £175,425 (2024.. £190,841). 19 The Mayfield Trust Comp4ny Limited by GuarAnte¢ Notej to the FinaneiAI Statements (eon11￿V￿j YeAr ended 11 MAro.h 2n2$ 14. Trustee remuneratlon 4nd expenseg No remuneration or other benefits from employment with the charity were received by the Council of MAnogement. No expenses have been incurred by the Council of Managem¢nt, 15. Transfen between funds The rcstrlc,ted flinds re,c.e.ived fnr Hppllcxhle acliviiie$ Are Jll pari Lunlribuliuiiy luwuJs Ilie overall cost of the projKI. Any detL¢It will bo ni¢t by a tran8f¢r froni th¢ goneral fund, On the ¢on¢lu5ion of any a¢livity, any surpluses within restricl¢d fundj llre trangf¢rr¢d to unrestricted funds following agre¢ment with the fund's provider. 16. TIAglbl¢ llxed Ajjets Lond und Fixturos und buildings fittin85 Motor vehicles Totsl Colt At l April 21)24 Additions Disposals At31 Mllrch 2D25 2,047,294 65,751 389,843 11.545 52,120 2,489,257 77,296 2.113,045 401,3118 52,120 2,566,553 Dtpreclatlon At l April 2024 Lhar8e for the year Disposals At 31 M4rch 2023 311,513 37.437 293,275 21,791 32,603 5,836 622,691 6S064 348,950 3 15,066 38,439 702,455 Carrylng amount At31 M*rch 2025 1,76S,n95 8fi,322 1,864,098 At 31 Mar¢li 2024 1.735,781 96,568 19,517 1.851.866 The freehold land and buildings are recognised al deemed Cost frum an earlier revaluation under previous UK GAAP. 20 The Mayfield Trust Company Limited by Guaranlee Note8 lo the FinaneiAI Statementl {eo•rtwi¢dJ Year ended 31 March 2025 17. Investments Cash or cash equivalents Listed investments TotAI Cost or Vol￿￿tIon At l April 2024 Additions DisposAIs Fair value movements 12,912 469.517 482,429 218,419 204,106 422.525 (209,566) (204.729) (414,295) 16,684 1fj684 507,343 Al 31 M*r¢b 2025 21,765 485,578 CArryin¥ amouot At 31 iVlar¢h 2025 21,765 12,912 485,578 469,517 507,343 At 31 March 2024 482.429 All investments shown above are held at valuation. Fln•Dclal h¢ld At fAlr valie All listed inve51ments are di5clo3ed at their quoted market price which 1.8 considered fair value. l& D¢btori 2025 2024 Trade debtOl'5 Prepayments and accrued i￿ome Other debtors 378,318 1.880 728 444,811 166,023 14,103 624,937 380,926 19. Cr¢dltorJ: amounts fAlllng due wlthln one yt•r 2024 Bank loans and overdrafts Trade Creditors Accrual8 and defe￿¢d income Social Security and other laxes Othw Greditors 22,967 14,024 21,419 19,223 464,083 27,368 34,989 168309 3520ll 576,906 567,082 21 The Mayfield Trust Company Limited by Guarantee Notes to the Financial Statements (eonrtnNéd) Year ended 31 March 2025 20. Credltors: Amount8 falllog du¢ After more thAn on* ytAr 2025 2024 Bank loans and overdrafts 261,273 282,425 Includcd withln crcdltury= umounts falling due afier more tlwi one year ig un &niuuIil LJf£261,273 {2024: £282,425) in re5pe¢t of liabilities pay&bl¢ OT r¢payabl¢ by instalm¢nts which fall du¢ for payment after more thali five yeArs from the reporting date, The temi of the lo￿ is 15 years at an interesi rate charge of 31/4 &bove base rate. secured by a fixed and floating charge against a company propety. 21, Def•rr•d Incom• 2025 2024 At l April 2024 Amount released to Incorne Amount d¥ferred in year At 31 March 2025 Jll,426 (38,426) 18,295 25,¥JJ (25,833) 38,426 18,293 38,426 Deferred Income c0ft51sts of RLsld¥ntlal Homes and Supported Llvlng contrlbutlons pald in advance. 22. P¢Dalon8 uther poJt-retirem¢nt beDefltJ D¢flned cootrlbution planj The amount recob7ni%ed in income vr expendilur¢ Èls an ¢xp¥nse in re.lation to de,fine,d ¢nnlrihiitinn plans WL8 £74,619 (2024: £67,865), Z2 The Mayfield Trust Company Llmited by Guarantee Notes to the Financial Statements (c&wllNuei¥ Year ended 31 MAreh 2025 23. An4lyJts ol charltibk funds UDrutrletcd lknnds Al l April 2024 Gains and losseg 31Mar2025 Income Expenditure Tran8fer5 General funds Inve8tment revalubiion reserve Resldential Homes Outreach Service Supported Living Sensory Garden 2,334,280 5.123,684 (4,907,536) 2,530,428 173,633 893 2,124 1,273 16,684 190,317 893 2,124 1373 2.512,203 5,123,684 (4,907,536) 16,684 2,745.035 At l Aprll 2023 Oains At losses 31 Mar 2024 Income Expcnditurc Transfcts General fund8 nvestment revaluation reserve Residential Home5 Outr¢ach Service Supported Livln8 Sensory Gard¢n 2.210,757 4,614,140 (4,483,444) (7,173) 2,334,280 156,940 893 2.124 1,273 16,693 173,633 893 2,124 1.273 2,371.987 4,614,140 <4,483,444) 9.520 2.512,203 The designaled funds representcd donation5 and resources from activities for gencratAns fvTh1s, to contribute toward5 financin¥ thr cost of the Residthttal Horney and th¥ Outreach and Supported Living yvrviLe. 2& Flninelal lll$trumeat8 The carrying amount for each category or rinaiicial instrument is as follows.. 2025 2024 FlnAnclal assets measured it falr v*lue throu%h IDeome AThd expendlture Listed investments Cash 485,578 779 469.517 12,912 412,429 4Nfi,fj17 23 The Mayfield Trust Comp*ny Limited by GuArantee Notes to the Financial Statements (COA￿￿￿•¢j Year ended 11 marc.h 202.$ 25. AnalysiJ of chxnKe& in n¢t debt At At l Apr 2024 Cash flows 31 Mar 2025 Cash at bank and in hand Debt diie within one year D¢bt due after oiie year 402,478 (21.419) (282,425) 98,634 422,909 (1,548) 21,152 825,387 (22,967) (261,273) $41,147 442,513 At 11 Mor ?.n2a A t l A nr ?n?I fngh +lnwq Cash at bAnk ￿ld in hand Lle.bt due within one year Debt due after one ycar 249,688 (20,n59) {302,329) (72,700) 152,790 (I ,ifin) 19,904 17l,334 41J2,47 (21,419) (282,425> 98,634 26. nper4tlng1088¢ commltment8 The total fuWr8 minimutn leaye payments uiider Don-Ca￿clIab1g operating leases ar¢ as follows,. 2025 2024 Not14l¥r Ilwii l y¢ur Later than l y¢&r and not later than 5 years 1.410 353 ,763 27. Re19ted pgrtlei Tlier¥ w¥r¥ liv I'Llul¥il yw'ly Ii#ii.4aknlivi)s io4uirii18 diS￿l03U1P iii eitliei. the Gurreiil or prlor year. 24