Charlty Reglstratlon No. 1015086 Company Registration No. 02745333 (England and Wales) THE LADY NUFFIELD HOME ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Yshawgibbs THE LADY NUFFIELD HOME LEGALAND ADMINISTRATIVE INFORMATION Trustèa Dlr•¢tors Df. J Shakespeare MrG Bray Professor A Neil Dr C Ritthie Ms J Sumner Ms J L Timbfel Or D Goldman (Appointed 25 Septernber 20251 (Appointed 25 September 20251 Ms S Goodman Country of incorporation United Kingdom IEngland and Wales) 02745333 Charlty r•gl8tratlon England an(J Wales 1015086 Regl8tored offlce 165 Banbury Road Oxford Oxfordshire OX2 7AW Audltor Shaw Gibbs (Audit) Limited 264 Banbury Road Oxford OX2 70Y Bank•r8 National Westminster Bank PIC 43 Commarket Street Oxford Oxfordshire OX1 3HA THE LADY NUFFIELD HOME CONTENTS Page Trustee Directors, report Statement ol Trustee Directors, responsibilAies Independent auditorfs report Statement ol financial activities Balance sheet Statement ol cash flows 10 Notes lo the financial statements THE LADY NUFFIELD HOME TRUSTEE DIRECTORS. REPORT (INCLUDING DIRECTORS. REPORD FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trustee Directors present Iheir annual report and financial sialements for ihe year ended 30 September 2025. The financial statements have been prepa￿d in accordance wth the accAJunting policjes set out in note 1 to the financial staternents and compty with Ihe tharitable o)mpany's goveming document. the Cornpanies Act 2006, FRS 102 "The Financial Reporbn9 Standard appIl￿ble in the UK and Republic of Ireland" and the Charities SQRP "AcGounting and Reporting by Charities Statement of Recommended Practice applicable to charits'e5 p￿parIng their accounts In accordance with the Finanual Reporting Standard appl￿ble in the UK and Republ￿ ol Ireland IFRS 1021" Oblectlve8 and actlvitles The objectives ol the charity, which are laid down in the Memrnndum ofAssouation of the company, are to relieve aged people by the provision ol accommodation, nursing or residential homes, hearth care, community carè, training, educational and rerdan¢e wrth these requirements. W8 believo that the audit evidence we have obtained is suffioent and appiopriale lo pfovide a basis for our opinion. Conclu81on8 r•latlng to golng coneèm In avdiling the financi81 slalemen15. we have ￿nduded that the Trustee Directors. use ol the gong ￿nCeM basis of accounting in Ihe prepar81ion of the financial Slalemenls is appropriale. Based on the work we have perfomed, we have not identffied any material uncertainties relating to events or conditions that, individually or collectwety, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of al leasl ts¥elve monlhs from when ihe finanaal statements are authorised for issue. Our responsibilities and the re5pon$ibililies of the Trustee Oirectots respect Io going ¢on¢ern a￿ described in thè rèlevant sections of this ￿port. Othèr inlomation The other inforrnation Comprise8 the information induded in the annual report olher than the finarcial slaternenls and our audito¢5 report thereon. The Truslee Directors are responsible for the other inforrn8tion contained wrthin the 8nnual report. Our opinion on the financial 5taternents doès noi covei the olhèr inforTnation 8nd we do not express 8ny form of assuiance condusion thereon. Our responsibility is to read the other infomation and, n doing so, consider whether the other Infomiabon is malenalty inconsistent wrth the financial statements or ujr knowledge obtained in the course of the audrt, or otherwise appears lo be materially misstated. If we identty such material inconsistencies or appa￿nt material misstatements. we are required (o detemiine whether this gives rise to a material rnisstaternent in the financial statemenls Ihemsefves. If. based on the work we have performed. we conclude th81 there is a material misslalement of this other inforrnation. we are required to report that fact. Vve have nothing to report in this regard. Mattèrn on whlch w• ar• r•qulr•d to rnport by •xe•ption We have nothing to report in resped of the followng matters in relation to which Ihe Charitie5 (Accounts and Reports) Regulation5 2008 Tequires u5 to report to you rf. in our opinion". the inforrnation given in the finanaal stalements is inconsistent in any material respect with the Trustee Directors, report,. or suffiuent accounting records have not been kept," or the financial Statements are nol in agreemenl with the accounting records. or we have not received all the infomiabon and explanations we require for our audrt. THE LADY NUFFIELD HOME INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEE DIRECTORS OF THE LADY NUFFIELD HOME Responslbllltles of Trustee Olrectors A5 exp13ined more lulty in the staternent of Trustee Diiectors. rèsponsibilrties, the Trustee Dirèctors, are also the directors of the charitable company loi the purpose ol company law, and ale iesponsibk for the preparation of the rinancial statements and lor being satisfied that they give a true and lair view, and for such intemal control as the Trustee Directors determine is necessary lo enable the preparation of finanaal statements that are free from material misslaternenl, whether due to fraud or error. In preparing the financial statements. the Trustee Directors are responsible for assessing the chantable company's ability to cJ)ntinue as a going concern, disclosing. as applicable. matters related lo going concern and using the going concem basis of accounting unless the Trustee Directors either intend lo liquidate the ch8ritsble company or to cease operations. or have no re8li5tlC 8ltern8tive but to do so. Audltorfs rèsponslbllltlès for thè audlt of th• flnanelal stat•mtnts We have been appointed as auditor under section 144 01 the Chanties Act 2011 and report in accordance with the Act and ￿levant regulats'ons made or having effect thereunder. Our objedNes are lo obtsin reasonable assuran¢& aboul whether the finan¢ial statements as a Who￿ a￿ free from m81èriAI misstat&mÉnt, whethèr due to fraud or enor, and lo issue an auditors rèport that in¢lude$ our opinion. Reasonable assurance is a high level of assurance but Is not a guarantee that an audit conducted in accordance wbth ISAS IUKI will always delect a material misslalement when il exists. Misstatements can arise from fraud or error and are considered material il. Individual￿ or in the aggregate. they could reasonabty be expected to influence the economic decisions of users taken on the basis of these financial slalements. Irregularities, including fraud, are instsn¢e8 of non40mplian¢e wilh laws and regulations. We design pro¢&dure8 in line with our responsibilits'es, outlined 3bov&, to deted materi81 mis$iatemeni$ in re$pe¢l tsf irregularities, including fraud. Th¥ ¥xtent to which our pro¢¥dure$ are ¢apable of d¢t¢¢ting irrggulanties, in¢luding fraud, is detailed below. 1. At the planning stage of Ihe audA we gain an understanding of the laws and regulations which app￿ to the charitable company and how the management seek lo compty wth those laws and regulations. This helps us lo plan approprlate risk assessmenls. 2. During the 8udil we focus on relevant risk 8reas and review the compliance wlh the 18WS and r&guk4lions by making relevant enquiries and undtrrtaking cornoboralion. lor example by ￿VI*Wing Trustee Board Minutes and other documentation. 3. We assess the risk of material misslalement in the finanual statements induding as a result of fraud and undertook procedures induding.. a. Reviewing Ihe conlrols set in place by management.. b. Making enquiries of management a5 to vthether they consider fraud or other irregulanty may have taken place. or where such opportunity rnighl exist". ¢. Challenging managÈrnent assumptions with regaid to accounting estitnates,. and d. Identrfying and tesbng joumal enln"es. part￿ulaty those which appear to be unusual by size or nature. Because ol the inherenl limitations of an audit, there is a risk that we will nol detect all irregularrties, including those leading to a malerial misstalement in the finanoal statements or non-compliance with ￿gUlatIOn. Thi5 risk increases the more that cornpliance with a law or regulalion is removed from the event5 and transaction5 reflected in the rinancial statements, as we will be less likety to becorne aware of instances of no[￿cOMplianCe. The risk is also greater regarding irregulairties occurrin9 due to fraud ialher than etroi, as fraud invofves intention81 concealment, forgery, collusion, omission or misrepresentab"on. A further description of our responsibilities is available on the Finanaal Reporb'ng Council's website at.. https.'Il w¥w.frc.org.ukJaudrtorsresponsibilities. This description forn￿ part of our avditorfs reporL THE LADY NUFFIELD HOME INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEE DIRECTORS OF THE LADY NUFFIELD HOME Use of our report This report is made solely to the charitable companvs Trusteè Diredors as a body, in accordance with Part 4 of the Chaiities (Accounts and Reptsrtsl Regulab"ons 2008. Our audit Work has been undertaken so that we might stste to the charitable company's Trustee Directors those matters we are required to state to them in an audito¢s report and lor no other purpose. To the fullest extent pemirtted by law. we do nol accept or assume responsiblrty to anyone other than the charitable company and the charilable companws Trustee Oireclors as a body, for our audit work, lor this report or for the opinions we have formed. For and on behall ol Shaw Gibbs (Audrtl Limrted, Stalulory Audrtor Chartered Certified Accountants 264 Banbury Road Oxford OX2 7DY Dale., 23 Jul 2026 Show Glbbs (Audftl Limltèd 1$ oligibl* for 8ppoinlm&nt a$ ouditor of the chantabl& Com￿nY by virtu¥ of ils ellglbility lor appointment as auditor of a company undef s$cl￿n 1212 01 the Companies Act 2006. THE LADY NUFFIELD HOME STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unre$tricted Unrg¥tricted funds funds 2025 2024 Donations and legacies Charitable activities Investrnents 1.184 1,777,849 23.920 788 1,692,811 29.174 Total Income 1,802,953 1.722,773 Charitable activities 1,712,384 1,621,356 Net gains I Ilossesl on investments 11 6,2S4 12,167 N•1 mov•m¢nt In fund• 96,843 113,564 Fund balances at 1 October 2024 2,388,948 2,273,364 Fund balane•8 at 30 Sept•m￿r 202S 2,483,791 2,386,948 The statement of financial adivit*s indude$ a119ains and lovJe$ rewnised in the year. l income and expend￿￿re derive from continuing acts"wts"es. The statement of financial aclwrties also complies wth the wuirements for an income and expenditure account under the Companies Act 2006. THE LADY NUFFIELD HOME BALANCE SHEET AS A T 30 SEPTEMBER 2025 2025 2024 Notss Flxed assets Tangible assets Investrnents 13 14 1,695,958 109.942 1,600,994 103,668 1.805.900 1.704,682 Current assets Stocks Debtors Cash al bank and in hand 16 1S 1.604 21.7C 771.117 1.639 24.318 768.926 794,427 794,883 Credltorn.. amounts falling due wlthln one year 17 1116.5361 1112.6171 N•t ¢urr•nt 48¥gts 677,891 682,266 Toto14•¥•t• le•8 ¢urr•nt Ilabllltbos 2,483.791 2,386,948 The fund• of the charltable company Unrestricted funds 19 2,483,791 2,386,948 2.483.791 2,386,948 The Company 1$ onts'tled to tho exemption from lh& audit requiremnl ￿ntsined in $ection 477 of the Comp8nl¢s A¢t 2006, for the year ended 30 September 2025. The directors acknovAedge their responsibilrties for complying wlh the requirements of the Cornpanies Act 2006 wrth respect to accounting recofds and the preparation ol financial stalements. The members have not ￿qUired the Company to obtsin an audrt ol ils financial staternents under the requirernents of the Companies Act 2006. lor the year in question in accordance section 476. However, an audit is requi￿, and was carried out, in accordance with section 144 of the Charities Act 2011. 23 Jul 2026 The financial statements were approved by the Truslee Directors on......................... Dr. J Shakespeare Trustee Dlrector THE LADY NUFFIELD HOME STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2024 Not•s Cash flows Irom op•ratlng aetlvltlès Cash generated from opeiabons 138.055 158,550 Investing activit18S Purchase ol tangible fixed assets Proceeds from disposal tsl tangible fixèd assets Inve5trnent income received 1163.2571 168,7011 3,473 23.920 29.174 Net cajh used In Inve8tlng actlvltl 1135.8641 139.5271 N•t ¢o$h g•n•rat•d from fln•n¢lng o¢tlvbll N•t Incrèa￿ In ¢a•h •nd ea•h •qulvalènts 2.191 119,023 Cash and cash equivalents at be9lnning of year 768.926 849,903 Cash and ca8h equSval•nts at end of y••r 771.117 768,926 10 THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accountlng pollcles Charity infomiation The Lady Nuffield Home Is a private company limited by guarantee incorporated in England and Wdles. The registered office is 165 Banbury Road, Oxford. Oxfordshire. OX2 7AW. 1.1 Basls of preparatlon The financial statemènts havè been prepared in aceordancè wilh thè charitable company's gtsvèming document. the Companies Act 2006. FRS 102 -The Finanaal Reporting Standard applicable in the UK and Republic ol Ireland" and the Charities SORP -Accounbng and Reporting by Charities." Statement ol Recommended Practice applicable lo charrties prepanng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of I￿land IFRS 1021" The charitable company B a Public Benefrt Entity as defined by FRS 102. The financial slalem*nl$ are prepared in sterling. which 1$ the fr1nd￿Tha1 ¢vrr&nty tsf the charitsble eompany. Monetary amounts in thes& finanoal $talemenl$ are rounded to th¥ near8$t £. The finondal statements have Wn pfoparod under Ihe hl$tori¢al cost conven￿0￿, modlfied to Include the revaluation of investments. The principal accounting poliaes adopted are set out below. 1.2 Golng concern Al the lime of approving the financ￿1 slalements, the Twsle¥ 01￿CtorS have a ￿asonable expe¢tation that the charrtable company has adequate resources to continue in operational existence for the foreseeable futu￿. The Trustee Directors have made this assessmenl with regard to the charity's current and expect performance. Thus the Trustee Directors continue lo adopt Ihe going concern basis ol accounting in preparing the financial ststements. 1.3 Charltabl• lund• Unrestricted funds 80 available for use 81 the distretion of the Trustee Dire¢tors in fvrtheranctr of their charrtable objeclNes. 1.4 Income Income is recognised when th6 charrtable company is legalty entstled to rt after any perf0m￿nCe conditions have been met, the amounls can be meaSU￿d reliabty. and rt Is probable that income will be received. Cash donations a￿ recognised on fe¢eipt. Other donalion$ a￿ re￿gnIsed once the charitable company has been notified of the donabon, unless perfom)ance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gth Aid or deeds of covenant is recognised at the time of the donation. In¢ome reprèsents feès r￿1vabl& for corè seThi¢¢$ and rèsmlent sèrvice incomè. Income is r•cognised ov*r the period in which services a￿ provided. Inve5trnent incorne represent$ inteTe$l receNed by the tharity and is re(x)gni$ed when the ch8Tity has been notif18d of it. 11 THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting policies IContinue(11 1.5 Ex￿ndIt￿r* Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty. it is probable that 8 transfer of economic benefits will be required in settlernent. and the amount of thè obligation tAn be measured reliabty. Expenditure is classthed by activrty. The costs of each actmty are made up of the total of dir&t costs and shared costs, induding SUPPOrt costs invofved in undertaking each activity. D1￿ct costs attrib￿ta￿e to a single activity are allocated di￿¢t￿ to thal activity. sha￿ costs which contribute to more than one activity and support costs which are not attributable lo a single activity are apporb'oned befften those aCtivrt￿s on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges are 811oc8led on the portion of the 8sseYs use. Legacies are recognised on receipt or otherwise rf the charitsble company has been notsfied of an inpending distribution. the amount is known. and receipl is expected. If the arnount is not known. the legacy is treated as a contingent asset. 1.6 Tanglbl• flx•d asséts Tangible fixed assets are inrtialty me8sured al cost and 8ubsequentty rneasured at cost or valuation, net of depreciation and any impairment los￿. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful INe6 on the lollowing bases.. Freehold buildings Furniture. carpels and equipmenl Property improvements 2% straight line 10% straighl line 2-10% slraighl line Freehold land Is not d•preclat8d. The gain or loss arising on the dispos81 of an a55el is determine¢J as the difference betsyeen the sale pro¢eed$ and the c8rrying value of the asset, and is recognised in the stslemenl of financial a¢tivrtie$. 1.7 Flxed asset Inves¢men¢s Fixed asset investments are In￿"alty measured at transaction pnce exduding transath.on costs, and are subsequentty measured at fair value at each reporting date. Changes in fair value are recognised In net incornellexpenditurel for the year. Transacb'on costs are expensed as incurred. 1.8 Stocks Stocks are stated al the lower of cosl 8nd estimaled selling price ￿6$ costs to complete and sell. Cost comprises direct materials and. where applicable. direcl labour cosls and Ih05e overhead5 Ih8t h8ve been incurred in bringing the stocks to their present location and condibon. Items held ftsi distribution at no tsr nominal consideration are measured Ihe lower of replacement cost and cost. Nel realisable valve 18 the eslirnaled selling price less 811 estsrn8led ry)515 of cornplelion and costs lo be incurred in marketing, selling and distributK)n. 1.9 Cash and eash èquovalents Cash and cash equivalents incjude cash in hand. deposits held at call with banks. other short-temi liquid inve5trnents with original rnaturilies of three month5 or les5. and bank overdiaft5. Bank overdrafts are shown within botrowings in Cu￿nt liabilrties. 12 THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting policies IContinue(11 1.10 Flnanelal Instrum•nts The charitable cornpany has elected to appty the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instrument5 Issues, of FRS 102 to all of rts fin8ncial instruments. Financial instruments are recognised in the tharitable company's balance sheet when the charitable company becomes party to the contractual provisions ol the instrument. Financial assets and liabilities are offsel, with the net amounls p￿sented in the financial statemenls, when there is a legalty enforceable right lo set off the recognised amounts and there is an intention to se￿e on a net basis or to realise the asset and settle the liability simultaneousty. financial assg¢s Financial assets classffjed as other financAal assets are slated at fair value any gains or bjsses arising on remeasurernent recognised in profrt or loss. The net gain or loss recognised in profrt or loss indudes any dividend or interest eamed on Ihe financial asset. B•$lc financial liabilitlo$ Basic financial liabilities, induding creditors and bank loans a￿ initkglty recognised at transaction price unless the arrangernenl constitutes a financing Iransaclion. where the debt instrument is measured al the p￿sent value of the future payrnents discounted at a market rate of inleresl. Finanraal liabilth'es classified as payable wrthin one year are not amortised. Debt Instruments aro $ubsequenlty ¢aMetl al aw)rtl$ed ¢o$l, u$lng lh& &ffè¢tivè Inler*$t rale melhod. Trade credrtors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabililies il payrnenl is due within one year or less. 11 not, Ihey are p￿Sented as non•currenl liabililies. Trade creditors are recogni5ed initially at transaction price 8nd subsequenlty measured at am0￿'Se￿ rK)st using the effectrye interest rnethod. Dor•¢ognitlon of fin•n¢i•l li•biliti Financial liabilities are derecognised when the tharitsble company's contractual obligations expire or are discharged or cancelled. 1.11 Employee beneflts The cost ol any unused holiday ent￿ement is recognised in the period in which the employee's services a received. Terrnination benefits are recognised immedialety as an expense when Ihe charitable company is dernonstrably committed lo lermbn*e the employment of an employee or lo provide termination benefit5. 1.12 Retirern8nt benefits Payments to defined contribution retirement benefrt schemes are charged as an expense as they fall due. 13 THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Crltlcal accountlng estSmates and Judgements In the applicabon of ihe charitable r￿MpanY'S accounbng policies. the Trustee Directors are required to make judgements. estlm8tes and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estsmates and a5soryated assurnptions are based on historical experience and other factors that are considered to be relevant. Adual results fflay differ frgm Ihese esb'rn8tes. The estimates an¢J undertying assumptions a￿ reviewed on an ongoing basis. Revisions to accounting estimates are recognised in Ihe period in which the eslimate is revised where the revision affects cnly that period. or in the period of the revision and luture periods where the revision affects both cuThent and future periods. K•y $ourc•$ of o$tlmatlon uneortalnty The estimates and assumptions which have a signthcant risk of causing a material adjustment to the carrying amount of assets and liabilrties are as follows. U8?ful econom1¢ Ilfe of nonrycufTent The useful economic INes of noTr¢ur￿nt assets have been derived from ihe judgement of the directors, using their best estirnate ol the write41own period. Income from donatlon¥ and leg*cb Unrnstrlcted funds 2025 Unrv¥trlcted funds 2024 Donations 1,1B4 788 Charftable actlvltles 2025 2024 Fees Irom ￿Sidents 1,777,849 1,692,811 Income from Investments Unrestrtcted Unrestrlcted funds funds 2025 2024 Interest receivable 23,920 29,174 14_ THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Net movement In funds 2025 2024 The net movement in funds is slated after thargingllueditingl.. Fees payable for the audit of the tharity's financial statefflents Depreaation of owned tangible fixed assets 9.500 64,822 9.000 61,980 Expèndlturn on eharltabh aetJvltl•# Dlr•et Manag•m•n charltable tand expenditure admlnl8tratl on 2025 Total Olrnet Managèm•n charltable tand expenditure admlnlstratl on Total 2025 2025 2024 2024 2024 Dlr•ct CO8t8 Stsff costs Depreciation and impairment Care agency staff Catering provisions and household supplies Residential home running costs Office ¢o$l$ Registration lees Gen&ral expenses Legal and professional Loss on ¢Jispos8101 tangible assets 737,351 371,093 1,108,444 675,361 379,398 1,054,759 64.822 9,949 64.822 9.949 61.980 7,813 61,980 7,813 267.698 267.698 265.724 265,724 141,863 141.663 26,917 4.269 65,669 19.460 Ic￿.810 106,810 22,719 4,271 68,559 28,721 26,917 4.269 65,869 19.480 22,719 4.271 68,559 28.721 3.473 3.473 1,224.956 487.408 1.712,364 1,117,688 503,668 1,621,356 Analy818 by fund Unrastrictèd funds 1,224,956 487,408 1,712.364 1,117,688 503,668 1,621,356 Tru¥tee Dlre¢tor¥ None of the Trustee Directors lor any petson$ ¢onneded with them) rèceived any r&munetation or bonefrts from thè charitabla company during the year. 15 THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Employees The average monthty number of employees during the year was.. 2025 Number 2024 Number Care Domestic and maintenance Administration 24 25 Total 38 38 Employment co•1• 2025 2024 Wages and salaries Social securty costs other pension costs 1.021,186 62,864 24,414 983,762 48,884 22,113 1,108.444 1.054,759 There were no employees whose annual Temuneration was more than £60.000. 10 Audltorf• remunerallon Fees payable lo the ¢h8rty's auditor ¥nd ossocial•s'. 2025 2024 For audlt 8•rvlco0 Audit of the financial statements of the chanty 9.500 9,000 11 Galns and 1088•8 on Inv•8tm•nts Unrestrtcted Unrestrtcted fund# funds 2025 2024 Gainslllossesl arising on". Revaluation of investments 6,254 12,167 12 Taxation The charity is exempt from tax on income and gains falling within seclion 505 of the Taxes Act 1988 or section 252 01 the Taxation of Chargeable Gains Act 1992 to the exlent that these are applied to its charitable objects. 16- THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 13 Tanglble flxed assets Freehokl Furnllure. Propevty carpets and Improvemenls equlpm8nt Totsl Cost At 1 October 2024 A¢Jditions Disposals 1,736.924 102.534 1.192.528 3.031,986 36,237 127,020 163,257 124.1291 11.6501 125,7791 At 30 September 2025 1.736.924 114.642 1.317.898 3.169.464 O•pr•elatlon and Impalm)ènt At 1 October 2024 Depreciation charged in the year Eliminated in respect of disposals 643,971 28.670 56,078 8.837 122.1741 730,809 27.315 1,430,858 64,822 122,1741 At 30 September 2025 872.641 42.741 758.124 1,473,506 Carrylng amount AI 30 September 2025 1,C64,283 71.901 559,774 1,895,958 At 30 September 2024 1,092,9S2 46.455 461,S87 1,800,994 The freehold property 1$ shown al hisltsri¢ cost. The lolal valuation of the property for insurance purposes 1$ £5,580,000 which was obtained Via a proles*onal valuation on 18 May 2023. 14 Flx•d a8••t Inv••tm•nts Other Inv••tménts Co8t or valuatlon At 1 Oclober 2024 Valuation changes 103,688 6,254 At 30 September 2025 109,942 Carrylng amount At 30 Sèptember 2025 109,942 At 30 September 2024 103,688 THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 15 Oebtors 2025 2024 Amounts falling due within one year.. Trade debtor5 Other ¢Jebtors 3.106 18,600 7.432 18,886 21,706 24,318 16 Stoeks 2025 2024 Consumables 1,604 1,639 17 Credltorn: amounts falllng du? wlthln one year 2025 2024 Other taxation antj Social secunty Trade creditors Olh¥r cred(¢ors 22,786 48.203 47,547 18,149 41,274 53,194 116,536 112,617 18 ReUrern?nt benefit Jcheme 2025 2024 O•lln¢d ¢ontrtbutlon 8¢h¥m•• Charge to profrt or loss in respect of defined conln"bub"on schemes 24,414 22,113 Payments lo defined contribution relirernenl benefrt schemes are tharged 88 an expense as they fall due. 19 unr••trict￿ fund• The unrestricted funds ofthe charity comprise the unexpended balances of donab.ons and grants which are not subject to speufic conditions by donors and grantors as to how ihey may be used. At 1 October 2024 Incomlng resources Resources expended Galns and 10soe$ At30 September 2025 General funds 2.386.948 1.802.953 11.712.364) 6.254 2.483,791 18 THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 19 Unrestricted funds IContinue(11 Prèvlous y•ar= At 1 Oetobèr 2023 Ineomlng resources R•soure•s expend•d Galns and lo$s•s At30 September 2024 General funds 2.273.364 1.722.773 11.621.3561 12.167 2.386,948 20 Op8ratJng l•as• eommltm•nts Lessee At the reporting end date thè tharitable ¢omp8ny hatl outstanding ¢ommltmenl$ for fvlure minlmum lease paymènts under non-cancellablè operatsng leases. which lal due as follow$. 2025 2024 In over fNe years 26,096 21 Contlngent IlabllltJe• A daim hgs been r￿1ved by the Lady Nuffiekl Home frji unpaid building work. The home di$pule$ the Claim In full and has submitted a case for delense statement. The possible, but not probable, disputed amount would b8 £1,501. No amounl has been prov¥J•d in these accounts. 22 Events after the reportlng date There were no events after the reporting date. 23 Related party transactlon¥ During the y&8r, no transa¢tsons We￿ made ielaled parti¢$12024.. £01. 24 Cash generated from operatlonB 2025 2024 Surplus for the year 96.843 113,584 Adjustments for: Investment income recognised in statement of financial acbvtb.es Fair value gains and losses on investments Depreoation and impairnient of tangible fixed assets 123,9201 16.2541 64,822 129,1741 112.1671 61,980 Movements In worklng capStal: De¢￿ase in stocks Decrease in debtors Increaselldecreasel in credrtors 35 2.612 3,917 108 24,345 11261 Cash generated from operdtlons 138,055 158,550 19 THE LADY NUFFIELD HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 25 Analysls of changes Sn net funds The charrtable company had no material debt durin9 the year. -20-