REGISTERED COI.IPAN'I' ￿u%1BER.. 01753736 IEn%land 2nd Il'Ales1 REGISTERED CII.4RITI' Nliil.IBIR: 1017949 REPORT OF THE TRIISTEES AIND Lry'ALDITED FlIN.4N'CIAL STATEfvIEIX'TS FOR THE I'EAR EN'DED31 OCTOBER2025 FOR LINCOLNSHIRE J'ORTH FEDEIl4TI0￿ OF IVOIIEIN'S IXI'STITUTES D¢xier & S113ry Chartered Certified AcCount￿ts Rolltsione House 20-22 BridEe STreet Homcaslle Lincolxshire LN9 5HZ LIN'COLN'SIIIRE YORTH FEDE￿4T￿OI OF II'O_NIEN'S IN'STITI'TES CON'TE)TS OF THE FI￿.4}CI..￿L ST.4TEIlE￿.Ts FOR'fHE I'ErlR ENDED 31 OCTOBER 2024 Page Report of tht Trwsltts Indepcndent Examincr's RtpDrt State]nent of FinH￿rIal Activities Balance Sheet otos to tht FittaJt¢i81 Slatem¢nt$ 12 ￿ 18 Detailed Stgtement of Fina]EciAI Attii'ities 19 10 20 LI.JCOL)5HIRE NORTH FEDEIi4TIOj' OF II'OIIEJ'S INSTITiifFS RIPORT OF TIIE TRIISTIES FOR THE YE.4R E)'DED3J OCTOBER2025 The T￿lee$ hai'e pleB5vre in pr¢5eming their reporr 8nd the Federwion's A￿Ount$ for th¢ year ended )Ist Oaober 2025. The Federauon accounts have been prepared in (he fomai pres¢tibed bv (he Sraiemeni of Recommended Pracuct ISORPI issued bv (he Charil! Comtni55ion in M￿h 21M)i. "lliey deal iiith the Iransaciions and ￿se15 and liabilitie5 of IIK Lincolnshire North Fcderalion of Nl'oinen 5 1nsiiLules. PagB I LIN'COLNSHIRE NORTII FEDERITION. OF II'OIJEI I'S IJSTITIITE5 RLPOR'f oi. THL'IRiiSI'ÈLS FOR THE I'EAR ENDED 31 OCTOBER 2025 OJIJFCTII'ES ANI) ACTII'ITIES Objecrii'es The objectives of the FederBtion are 10 fvrther Ihe PUTEQXS ofihe Woni¢n's Insiituie rnov¢nienl in Lincolnshire North and ¢15ei4'here. a To tdvanee the edu¢iiion of I%,0￿en for the public benefit in dl area5 including li%'itlK>uI limitalionl".- Local. naiional ¥￿d inletnaiional issues ofpoliiicd and socid iniportance". li M￿tc. drama and other culwral £ubj¢cts'. iii. branches of 38nculiwe, crdfts, hom¢ ¢conomi¢s, scien¢¢, health and social iY¢lfaT¢,' b 10 PTOTnoIc suslainablc dcvelopmeni foi the public benef51 b)'- Educating people in the pre5eTration. conservation and protection oftheenvironment and Ihe prudeni use of natllrd re50urces". and li. Proinoting susiainabl¢ m¢ans o1g¢hieving e¢onomic gro%￿h and reg¢neraiion', iii. To advan¢e health forihe public ￿nefit.. and Iv. To advance ¢iii2enship for Ihe public ￿nefit by the protnolion of Civic tC5POllsibility and volunieering. "Susiainabl¢ Developtnent means d¢v¢lopm¢ni ivhich m¢¢ts Ihe ne¢d5 of ihe preseni g¢n¢ration iviihoui compTom15ing lh¢ abiliry, of future eerteratiaft£ ￿ m¢ei I1￿1r n¢eds. The Il'oinens Institute organi5ation s¢ek$ 10 give I4ry)men Ihe opportunity, of iVOTknno toueth¢r in their conununiiies. of dtt'eloptng t￿1r capacity and sknlls, and of puttinu into prarlire Ih05E ideats foTivhich the Wornen'5 In51itule 5tsnd5. Strattgits Tlie kes. tlements oliht Chariij's medium 10 long-ierm siraieg¥ ¢onsisi of.._ l. Offerin8 a i%'ide %arieiY of learnin8 OPPOrtiinities in t variety of 5ettin8s, m8k"￿8 trainin8 in the i%￿deSt sense available, tn¢ouraoing person￿ dei'eloptnent and promOt￿g liftlong learning by e￿u￿ng traditionBI skills are presetved. 2. Enwuragin8 Wl In¢rnber$ 10 adopt healthier, more susiainable lifestyles, by supporting leisure aciiviiies, th¢ sciences combined arts. Incre&%ing the Wl's influence of le8islaiots. opinion fomiets ond The publi¢ ti large i}ith iegard TO local, naTional and thtemaiional issues ofwlitical. and social irn￿rtanCe. and to maintain the Wl'5 Posltion respecied voice of reasory Iniegnty 2nd ￿n[elligence. Th¢ Federgtion's medium io long-t¢rn straiegy ts kept under r¢vieiv and adju51ed 10 me¢1 thamging n¢eds. The Twsiees nx>niior asses5 the success ofihe straieBY b}": Obtaining feedback from tneinbership. maintainin￿ contact ii-ith other chariiies Dnd other FederMion5 pursuing the Federaiion's interests ￿ Bgreed b!. the TnembeE5hip M31rttainin8 iecords of coursele¥¢nis antndan¢t and Ir¢n(Is IheTCIn. PriDcipAI ObjettiYe5 (or the YtAr Ended 31$1 Octobtr 2025 Tht FedeTaiion'% princip81 objectives for Ihe )ear ¢ndLd 31 O¢iober 202) itrere il To oinlinue lo offer a ii'ide a range of leartllng opportuniiies. ill To ptovide continued supwrt io I￿31 ihrougli the piovision of appn)priaie advice and training. Achie1"e[ne￿lS PerforJnAn the BoBrd ofTruslees acting ￿ Chairnien of these committees These committees are." Events and ActiviitC5 T¢am Lin¢olnshirt Shoi% Ad-Ho¢ ComTniiiee The folloiiillg matters require Board approval._ The Annual Budoet Restr%'es Poli¢) Capital Eipellditure Investment Policy on the recornrnendalion of the Board of Trusiees The Risk. Reoister Th¢ Annual Fin￿¢18] Siaiemeni Page 4 LI)COLN'SHIRE I'ORTH FEDER4TIQJ' OF ii'oiirN"s IISTJTI'TES REPORT OF TIIE TRI."STEES FOR THE ITAR E_N'DED31 OCTOBER2025 STRUCTIIiE, GOI￿1￿1A￿.CE AND %IANAGEIllE)T Risk hlan2g¢meni Polici Ibrough ihe activities ot. the Bo8rd. and the separate Workino Groups, (he Trus*c5 hai'c considered Ihc pnncipal ris￿ 10 i%thi¢h the Federation is exwsed, Including tlie risk. to the Charit%, s f￿2￿Cla] posiiions. prem15ts and rtpuiaiion, and have iiiiplemenitd policies lo control these Tisks ivhere deemed necessarv A Trvieiv of the nsts confroniintr the Federaiion is unden&'en on a re.￿l8[b￿8is. The principal risks. ¥%thi¢h ¢onfroni the Federation. consist of fiTrancial ris￿ and repufatiollal risks. The Federation is eiposed io a ivide range of fiwncial risk4 ii'hich include the risks oflosses arising." From fraudulent a¢iivilies of Ihird parties A5 a result of breaches of laiv or regulaiiorts, Ivhich could cxpose Ihe Fed¢r&ion 10 losses, arising from penalties and daTnages From the FedeTaiion unable 10 meet theirobligalion5 rhe Federation controls these risks by implem¢niino ￿nd goveman¢¢ 8nd rnainiaining n8ofDU5 f￿anCi￿ control5. A s¢tycJo tion of duties eAiSts bettveen the ChaiTman of the Board and the Coinpany Se￿¢14r5. Ivith the Cbaiman of th¢ Board being responsibl¢ for Ihe conduci of Board iKfeelings. iyhich determTrne polics and str31eg5, i¥hilsi the Conipany Secretary ￿ re5wnsible for the da)'_iO-day mtnagement ofthe Charitable Compgnv and lh¢ Implem¢nthiion of Board deiemiined str&ie*'. The controlled en￿￿[On￿ent in ithich Ihe Federation operates is eonsidered robust and includes ensuring 8n adequate segregttioD of dutt¢& do¢ume*i¢d auihoTisaiion pro¢cdure5, bud8elary controls and tnuliiple signatory controls over payments The Federation monitors accoun1$ receivable closely and i¥kes prompr folloiv-up aciion iiih¢n re¢¢ivables it¢omc overd￿. Adequgie insurefflce is mainiained to ￿Ver all risk% 10 Federniion PToperti' and thE Board peri(M4ically revie7￿ the FEderatlOn'5 i￿ur8￿ce The Federation Is conscious that any damage lo Its reputaiion could liavc implicaiions for th¢ Wt mov¢in¢ni ￿ a ivhol¢. Page 5 LINCOLISHIRF. N'ORTII FfDIIL&TIONI' or Il'Olll)'S l1%'STITI"TE5 REPORT OF THE TRL.STEES FOR THE. E￿I)ED31 OCTOBER 2025 RElLRE￿.Cl AND ADIlIlllSI'R.4'1'1I'L DLIAILS The LinCol￿h￿e North Federation of Women's InsliLuies is a COMPANY LIMITED B Y GUARANTEE AND NOT HAVtNG A SHARE CAPITAL Icornpan). Nlo 27i37)61 It is Iso a registered Cliarit). No. 1015949. Regisieted ¥nd Pitncipal Offic¢ is Wl HoLLse. Srr¢ei, Hom¢a*le, Lin¢s. LN9 5BW. The TTUStee5 setved dunn8tt￿ )'eariirre."- Anoela BOrn￿n Jean Burgess Paula Burrett Janei Harrison IVi¢¢ ChBimwl Nlaria S¢ott Jackne Summer5 Dianne Tucken Ifederatson Chau]nÈnl Barbara YouDg Day lo day management Dfthe charitable cornpan). 15 dclc8alcd 10 the comp￿). Se¢rtw,, J¢ssica Rail'don. PROFESSION'AL ADI'ISORS At¢ountants DeKier & Sharpe Chanertd C¢rtifi¢d A¢¢oun18nts Rolleslone House 20-22 Bridge Streei Ilorncastle Lincolnshire LN9 iHZ lIA￿k¢r5 HSBC Comm*ket Louih Lincolnshire Lli119QB Pa8¢ 6 LIN'COL)SHIRE N'ORTii fEDEILITIOI' OF IIOIIEIN'S Ij.STITliTES REPORTOFTHL TRliSTEbS FOR THE TrTAR EINT>ED 31 OCTOBER 2025 FIINAINCI.4L REI"IEII' The SOFA lstatemeni of financial a¢iiviNTrl indicates thai the Feikralion had a niore successful year fin3nci811}'. This 1¥'8s a resuli of addiLional furtd raisinB through our taieiing enierprise ai local 51ioivs and the prooramme of FeJeraiioii e¥'ents. The in¢ome delii'ered b). the Ekenis Ilciiviiies Te8m IEATI provided a significant contyibuiion 10 (he Ftdtraiion's finances ol'er the Yeai. The Ttustees have 8150 ensured Ih81 expcnditure iv&% wtt1a￿ed ii"herever possible. For exampl¢. continu¢ 10 hold h}brid m¢eiin¥ to reduce transport cosis. Mle have Inveskd In flood prevention rne￿U[es at Wl House. Ivhich i¥e iver¢ able to prirnaril) fvnd through a council 8rant. Regu13rbudget updatr5 Ivere given to the Board ofTrJstees ￿ monthl> meeiin8S. Atriliaiion fees wnltnue to be a key source of income for the Federaiion. Membership appe8ts 10 have Slabilised, this needs LQ bt moniiored. to fjo stock iyas s¢ni oui 10 individual Wls and has tlso been avaTrlable to purchBse w larger ev¢nts organised bi. EAT amd the Ttustee5. Togeih¢r 14.iih (he sale of¢alendar5 and diaries. Ihis provided ivelcome addiiional income The investment funds have perfornied ivell duiing the y¢at, ¥vhich has hclpcd the financial PDSition. bul tllls income c3nnol be relied on ¢a¢h year as the market P05itlQtt C3n ¢han8e significaAIl)' during aTry 12 llH)nth period. Unfortunaiel J,. inconie frotn the lellinE of 11.1 House remain5 101%. ¥ ther¢ are manj, oiher venues in the lo¢￿ tre4 all competing for the same business. We continue io look ai differeni i%'ays io g¢neraie mor¢ income from the venue. The cost of utllities CODiinues 10 increa%e, and the Boatd of Trustees Teviei%% energ>. providers on g T¢gUE￿ basis to ensure the Federniion utilis¢d ihe mosi b¢n¢fi¢ial tariffs Iniernei banking continues to increase. ii'ith mor¢ members noiv choostng 10 pa} foT events using thi5 tneihod, thereby helping redu¢¢ bank"In8 ch3rges A summary of Income eipendilure foT the year is included iFith this report and lh¢ full s¢1 of ￿cOUrtts aye available 10 membets on requesi, ai Wl House. Hom¢&ile. Reser%'es PolSc)' The Federation requires reserve5 to alloii tt to coniinu¢ iiorf( in ¢onne¢iion Nv5th the proinotion of the inieresls of i1￿Men srttified by (he Federaiioii's Con5Liruiionl in the event of llnfot¢seert disruptions 10 ils In¢oJne Strean15. The Trustee5 consider holding unrestricted reserves equival¢ni 10 Six monihs cxpendilure oplimai. Budgetary discipline iiill toni￿ue lo be Bpplied to ensure llie r¢srricted ttserye5 are mainiained ai the optimal lei'el. The Fedeiaiion reserves policy Is revieiitd annu￿1 J. by th¢ Bogsd of Trt￿tees. Approved by order ofiht board of Inisiee5 on29 January 2026 and siwkd on its behalfby." P4 Mrs P Burreii- TrustEe Page 7 IJDEPE_NDEST EK..IIIIJER'S REPORT TO THE TRLISTEES OF LIICOLNI SFIIRL %'OR"I'II I.'LDEft.4TlON or II'ONIEN'S INSTITL TES IndcptnJeni txaminer's reporl 10 the Irusiees of Lintolnshlre Iyorih Ftderatioh of Il'omEn'5 Insiitules I'tht CompaTr}'I I report to the cliariti. trustees on exallunalion of the accounts of ihe Compan). for the }'earended i l O¢Tokr 20) j. Rtsponsibililit5 bASIS of report As the cliaritv's irustees of the Cornpany land also lis dIrec￿rS for the putP05es of company l*Trl )'ou are rtspon51ble for the prepar8tion of the Bccounts in accoFdance iviih the requirements of the CompaE]ies Act 20[￿ I'the 2006 A¢i'l. Ha￿]n8 salisfied m)'self thai the accounts ofihe Compani. 8te not required to k audiied und¢r Part 16 of the 2006 Aci and are eligible for indepelldenf eiaminaiion. I report in respECt of tn). elarnination of }'our ¢h8ritl s accoiints ￿ camed out under Scciion 14) of the Chartiies Aci 2011 I'ihe 2011 Act'l In catrvino oui my examination I have folloi%rd the Directions given by the Charity co￿￿lS$10n under Section 14ilil Ibl of the 2011 Aa Indtpcndtnl cI8mEncr'$ $lattment I liak'e cainpleted Iny ex￿￿111at1on I confimi that no rn3ry¢￿ have come io my attention in connection i%ith the examination 8IVin8 tne cause aecounling records i%*re not kepi in respect ofihe Company s required by Se¢iion 386 ofihe 2006 Aci.. OT the accounts do not RCCOTd i4.ith those records, or Ihe gccounts do not compl} i%'ith the accounlln8 requirements of Section 396 of the 20{￿ Aci other ihan any requiremenl that the &¢¢ounts tsjve a and fairvieiv i%.hi¢h is not a matter Cor￿ldered &$ part of an indepcndcnt c.¥amination.' or the accounts have not been prepared in accordance ii'ith the methoth and principles of Iht Sia*m¢nt of Re¢ommended Praciice for ccouniing and reponing bv chatitie5 (applicable to charities preparing th22T aCCOUt]ts in a¢totdante ivith Ihe Financid Reporting Statidard applicable in the UK and Republic of Ireland IFRS 10211. I lial'c no conccrns and havc ¢otn¢ a¢r0$5 no other tnatttts in ¢onnt¢lion i￿lIh the ¢Aaminaiion 10 ivhith glleniion should be u) this ieport in oidei to enable a propel undetstatsding of the aceounls 10 be reached. Trisiran R￿$¢11 BA (Trlon51 FCCA De.xler & Sh&pe Chartered Cerrifjed Accoun13nts 20-)2 Bridge Sireei Horne￿11¢ Lincolnshire LIN9 5HZ 29 Januarv 2026 Page 8 LIN'COLNSHIRE. NORTII FEDEILITION, OF 11 OIIEN'S INSTITIITES STA TEIllF.N'T OF FI.I'AICIAL AcfivITIES FOR TIIE YL4R E)U)ED 31 OCTOBER 2025 20?4 Total funds I'nrestricted fund5 Notes INCOIIE FROIq Donaiions und le8acie5 18,834 17,300 Chxrffitlble %tlti'ilie$ Supporting Wl brgnch¢s 61,218 57.228 Other trading activities Ini'esuneni it)¢oine Other Income 7,902 4.375 2,430 2J15 1,409 Total 92,348 89.235 E.1FE￿1)ITuRE OI Raising futids 5562 7.416 Charitable actii'ities Supportin8 Wl bTan¢hts 78,159 8i.129 Other 2,160 2,140 Tot21 85081 92,685 Nei gal￿ on investments 1,065 liET IN'COhlEIIE.YPEN.DITL1REI 7,532 12.6391 RECONCILI.4TIOIN' OF F1".￿.Ds Total fi￿d9 brought lor¥vard 24.S,021 247.660 TOT.4L FITNDS CARRIED FORIVARD 252,553 245.021 The notes fottn pan of these finsncial 51atrments Pa8e 9 LIN'COLj.SHIRE )ORTII FEDEIUTIONI, or 11 OIIL.I'S I_NSTITI"TES .4L.4NCE SHEET 31 OCTOBER 2025 2025 2024 Total fund5 Notes FIYED kKSSETS 25 li5.791 60,457 Tanoibl¢ ￿Sets Invesmienis 153,061 62,771 21.S,832 216.27) CI"RRE)T ASSETS 1.877 454 59.750 1,780 Debiors Cash at bank- and tn hand 45,717 62,081 49,046 CREDJTORS Amounis falling due i%'iihin one year 14 125J601 120,2981 I ET CURREN'T ASSETS 36.721 28.748 TOT.41,.4SSETS I.FSS CLIRREST LI.4BILITIES 2i2,5iJ 245.021 I'ET ASSETS 252,553 245.021 FI',.NDS lJnresincled funds 252553 24i.021 TOTAL fiiiNDS 252053 24i,021 The ch3riiable cotnpany is enliiled lo eye￿pIlo￿ from audit under Section 477 of the Companies A¢1 2006 for Ihc J'e8r ended 31 Othober2025 The members hai'¢ noi requi￿￿ (he compan!, 10 obiain an audii of its finan¢ial siaiements for the year ended 31 October 2025 in accordance Ii'ith Section 476 of the Compani¢5 A¢t 2006. Th¢ trustees acknoi%'ledge theirrespon5ibilities for ensuring thai the charitable coinpany k'eeps 3ccouniin8 records that compl}. ii'ith Sections 3B6 and J87 of the Companies A¢1 2006 preparing financial siaiemenls ivhi¢h uiV¢ u Iru¢ and fair iii¢i%' of Ihe siait of affaits of Ihe cliwitabl¢ compallv ￿ at the end of eBch fllknkn¢ial )'ear at]d of ils Sutplus or defi¢ii foF each f￿8￿¢1￿ >ear in a¢cord8x¢e ivith ibe requiremen￿ of St¢iion$ 394 and 395 and iTrthich olheni'15e comply il'ith ihe requircments of the Companies Aci 2006 relatin- 10 fman¢ial statements. SO far ￿ applicable 10 the cliantable conipany. The notes form part ofthese fin3nciai statemen15 Pag¢ 10 continued LIINCOLNSHIRE ￿.ORTH FEDERATJOJ, OF I￿.011E￿.'s INSTITLITLS B.4L.4NCE SHEET- ¢ontinu¢d 31 OCTOBER 2025 These financid siatements hai'e been prewed in atCOFdan¢e iTrith the provisions applicable 10 Charithble companies subject to ts small companies regime The fillancid 5taiernents iiere approved b) the Board of TTusiees 8nd auihorised for jssue on 29 Januery 2026 and ii'ere signed on its behalf b), f f p Butt¢tt- T￿1¢¢ Lsey The notes fonn part of these fIn￿ela1 siaiemmts PBge I LI)COLI'SHIRE NQRTII FEDIIi&TIOIN' OF I'OIJF.N"S IX'STITI'TES NOTES TO THE FINAJI CI.4L ST.4TENIEJTS FOR THE I'EAR E)DEDJI QCTOBER2025 ACCOl"ThI Tl)C POLlCtES BH515 of pr¢pHTiTrg the fLnHnciHI staltmcnts The financial Stalenien￿ ol th¢ ch¥l￿ble comp￿5., 14thi¢h Is a public btncfii cniity under FRS 102, h9ve been prepared in accordance Ii'ith the Charities SQRP IFRS 1021 'A¢couniino artd Rtportin8 by Charilits.. Siaitnieni of Re¢omni¢ndtd Prtsciice gppliogble 10 chwiiies pttparing Ih¢ir accounts in accord￿Ce ii'ith Ihe Finall¢id Rewrtin Standard applicable in the UK at)d Rcpublic of Irclaiid IFRS 1021 letTecliie l Januarj. 20191.. Financial RewninE Siandard 102 'llie Financial Reporting Standard applicable in The UK and Republic of Ireland. and the Companie5 Act 2006. The f￿anCI￿ statemenLS have been prepared under the htsiorica] c05t conveniion, i¥'ttli Ihe exc£piiort of Iniiesimenls iihi¢h att In¢ludcd ai n1￿K¢1 i'alue, ￿ modificd b). Ihe rtialuaiion of ceffla￿ 355ets. Iniome All In¢ome Is recogntsed Jn th¢ Si*cm¢ni of Finan¢id Aciii'ilies once the tharity. has enliiletnenl to the fvnds. il is probable that the income ii'ill k re¢eii'ed and the Itnounl tan be tne35uied reliabl). Tlie laroesi Incorne Stre￿77 conies from affili*ion fees and the remaindeT of The income is frorn atiend3nce 3E events Iihere the members of the Womens Instityte proi'ide Tefre5hrnents. and from the sale ofpublicalions and oiher related itenis Eipcnditurc Liabiliiie5 are recogTrised as e.Kpendiknre a5 soon 39 there is a lega] or construcLive obligation committing the charits 10 Ihai ¢xpenditure. it is probabl¢ Ihai a Iransf¢r of economi¢ benefiis ivIII be Tcquir¢d in stttletnenl and th¢ atnounl of Ihc oblioaiion can be measured reliably. ExpendilUTt 15 a¢counted for on a¢eruals basis 8nJ h&% been classified unJer headirtgs Ihai aggr¥8aiE all cosi relaied 10 the catetsor). Where costs cannot be diTEcily anribuied to particular headings the!, have been ￿loCated lo activities on a b*si8 ¢on8isienl i%'lTh the use ofresources ITrecoverable VAT 15 charged a5 a ¢051 againsi the 8ciivity for ivhich the exp¢ndiwr¢ I¥,￿ inLurr¢d. Raising fund5 Raising funds intjudes e.xpenditure ￿CUrred bs the chanry to attraci income for its charitable puTroses. supportin￿ Wl branclies Includes those costs Incurred b}. th¢ chwits in Ihe d¢livery' of 115 gCllVlti¢s servic¢5. 11 Includes both COSIS that can be ￿lOCated direcily io such aciivities and those costs of 8n indirect nature neces52ry to support them. Website a￿on1Stt1Oll Is piovided at Ji.3J% on cost in order to %￿Ile off the a$5et over its estimAted wefill life. Tart8ible fixe(E #sstts Depreciation is provided al the fOll￿vIng ￿ll￿al rates in order lo iirite offeach asset over itsestimaled useful life Freehold propeffj. Plant and Iiiachirtery Fixtures and fittintss IV/0 on cost l jQ/o on r¢ducing balance 20% on ¢osi and 15/0 on reducing b￿8￿Ce T&¥ation The charity is txempi from corporaiion tax on 115 Chatiiable aciivilies. r4und Ateounlittg Unresinc￿￿ furtds ¢gm be used in accordance ii'iih the charitsble objectives ai the dis¢reiion of the Irugiees. Resili¢￿￿ funds can onlv be used for p&rt1¢Ul￿ restrided putyoses ivithin objects of the ¢hariVJ'. Restri¢iions ar&se i%.heTr s￿elfIed b). the donoT oriTrthen fimds 8Te taised foT Pdrricular rLsthcted putP05e5 Further &xplan3tion of the n4iur¢ and purpose ofeach fvnd is includ¢d in Ihe noies 10 lh¢ fingno81 stweinenis Ini-esttntnts Fixed ￿Set inveslm¢nis are 51ai¢d w v8lua¢ion as at 31 Ociot¢r 2024 Pgg¢ 12 conlinu¢4.-. LI￿.cOLl,SH1RE NI ORTII FEDEILITIOIN OF II'O,IIEXI"S INSI'ITII'ILS I'QTES TO THE FIIYAN'CIAL STATE￿Ill￿Ts- tontinued FOR THE ￿.￿R E)I'DED 31 OCTOBER 2025 DO%..4'A'ION.S A)D LEG.4CIES Inwm¢ from govemmeni grants ¢oniprises of a 8ranl from The Big Lottery to fL]nd the construction of3 Car park • Wl House. This income is being released to the Siaiemeni of FinanciJl Attivities overthe expected life of th¢ ￿se(. OTHER TRADIJG.4CTIVITIES 2025 2024 Publications Lettings Raffl¢5 8,113 80 379 7,433 469 8572 7,902 INI VESTIIENT IN'COII IE 2015 2024 Inv¢smi¢ni 4,37) OTHER IINCONIE 2025 2024 Donation5 received on beh￿r ofa 3rd party Donatiow r¢c¢ived 817 592 1.267 1,409 2.4iO NET II%COIJEIIEIPE)DITIIRII Nlet incomell¢.Nycndiwrcl is staled after charginJI¢redit￿gI.- Z02.4 2024 DepreciaTion- oiw]ed asse tkficit ott dispos￿ offixed 8SS¢IS lllebsiie amortlsalion A¢covniam¢y 2.730 2.919 208 i04 2,140 2,376 TRUSTEES. REjILN￿￿4TION, A.N'D BE.NEFITS There ii'ere no trusiees, remwieration or other beneftis for the year ended Jl Ociober 2025 rtOT for the }eÈrended 31 (klober2024. Page 13 continued... LINCOLN'SHIRE NORTH FEDE￿ATIO¥0F II"OIILN'S IJNSTITI TLS ,N'OTES I'O I'EIE FINANCIAL STATEIIENTS- continued FOR THE EIJl)ED 31 OCTOBER 2025 TRUSTEES, REIILIN.E114TIO.X' Ali.D BENEFITS- Continued Trusiees, expeDS¢S Trustres, travel expenditure of £1.66812024.. £2,1261 Iva5 paid duTillg the year. STAFF COSTS 2035 20?4 Wtoes and salaries 17,729 16.582 17,729 16.582 The avtrao¢ monihlv number ofemployees duiing th¢ Sear ivas a5 folloivs". 2025 2024 o. 10,000 10,001- 40,0Tr1 N'o tmploljees received ei)iolllments in excess of £60.(K)O. IINTAJCIBLE fiiED ASSETS Websiie C05T Al l November 2024 and 31 O¢iob¢r 202) All IORTIS.4TIOI) At l Noveinb¢r 2024 Charge for year 886 Al 31 October 2025 911 I ET BOOK I'ALIIE Ai )1 (kiober 2025 At 31 oc￿ber2O24 Paoe 14 tonlinued... LINCOLJ'SIIIRf. NORTH FEDEIL4TION. OF II'OIIEN'S IhSTITLITES OTES TO THE FINAINCIAL STATEIqENTS- c(kntiTrued FOR THE IE4R F,YDED 31 OCTOBER 202S io. TANGIBLL FLKED ASSETS Fi%iuEes Freehold Proprrt). Plant and mach￿ery Totals COST Al l Novetnkr 2024 and il October 2025 157.656 23.176 10,741 191573 DEPRECIATIO At I INo&¢mbcr ?0?4 Charge for year li,)90 1,577 18,012 560 2.180 2,730 Ai 31 October 2025 17,167 18,572 2,773 38512 I TTBOOK VALUE Al J l Octokr 2025 140.489 1,968 153.061 Ai 31 Ociober 2024 14? 066 5.164 8,561 FI.NED ASSET INk'EST,NIEISTS Unlisitd invesknenls -IL4RKE'f I'ALLIE Ai l NovembeF 2024 Revduaiions 60,457 2,314 At 31 Ociob¢T 202) 62.771 I%ET BOOK V,ILL'E Ai 31 October 2025 62,771 At 31 October 2024 60.457 Ihere 14'erc no invesiineni assets oU￿lde the UK. 12. STOCKS 2025 2024 lJ77 1.780 Pagt15 coniinued... LINCOLX'SHItiE.NONTH FEDEK4TION OF II'OIIF.N'S IN5TITlITLS )OTES I'O TIIE FINI '.4%'CIAL STAI'EMEI'TS- ¢ontinutd FOR THE I'E4R ENDED 31 OCTOBER 2025 13. DEBTORS.. AIIOLfh'TS FALLIIN'G DI',E II'ITHINI OINT I'EAR 2025 20?4 Ptrpai'tnents CREDITORS.. AhloI'.￿.Ts fALLIThG DI',E II'ITHIN ONT. IE4R Z025 2024 SOCI￿ securiri, and oihcr i&xes Othei CFediiors Deferred income Accrua]s and receipts in adl'ance 2.364 6.0110 5.500 17.428 2.4,360 20,298 Deferred income comprises of The Big LotTerv grant received foT the tar park at Wl House and is being released io income over Ihe ¢ours¢ of ty¥ertty sea J5. P+lOVETr+lEN'T IIN, FllIS'DS Nei movement in funds Ai Al UrtrÈsifittÈd rederation fund Federation res¢rv¢ 205,021 40.000 7,532 212.553 40,000 245.021 7,532 252,553 TOTAL FL,NDS 245,021 7,532 252,-453 Nei Movement in fynds, included in the above ate ￿ folloiv5'. In¢oiniDg T¢50urces Resources ¢xp¢nd¢d Gal￿ and I￿se5 MovemenL in fvnd5 Unre$trici¢d funds Federation fvnd 92,348 185,8811 1.065 7,532 TOT.4L bl':NDS 92J48 185,8811 1.065 Pao¢ 16 conti￿lled.. LlI%'COLNSHlRf N'ORTH FEDEIi4TJOJ' OF II'OIIEN S IINSTITITTES OTES TO THE FJJAIN'CIAL 5TATE)IINYS- contin￿ed FOR THE YE.4EI ENDLD 31 OCTOBER 2025 15. IIOWTNIEIN'T I.N' FL,￿D5- corjtinucd Comp2ratlves for moi'tmeni In funds Nei moveTnenl in funds Transfers behi'een funds Al Ai Unrestricted fllnds Federation fvnd Fedeiaiion reserve 217.660 30.LN)O 12.6391 110.O(N)I 10,O(N) 20i,021 40,000 247,660 12.6J91 245,021 TOTAL fiiiNDS 247,660 12,6391 245.021 Compwaiive nei movement in fun&. ineluded in ihe 3bove are ￿ folloivs". IncoTntikB resources Resourtes eX￿llded Gains and losse5 Movement in tunds ITnre5tricltd funds Federat10n fvnd 89,23) 192.6851 12,6391 TOTAL FITrU)S 192,6851 12.6)91 A ¢urreni J'ear 12 months and piior)'ear 12 Tnonihs combined posltion is 85 folloi%s'. Nei movemeni in funds T￿sfer8 betiveen fun Al Al Unrcstricled funds Fed¢ration fuod Fedtraiion reseTve 217.660 30,000 4.893 110.oooi 10,000 21?,5)3 40,000 247,660 4,893 2i2,iJJ TOTAL FLINDS 247,660 4,893 2i2,ii3 A current year 12 month5 amd prior >etr 12 rnonihs Combined net movemenT in fiLnd5, included in the above are as folloi%%". Incoining resources Resources e.Kpended Gains and Moi'enienl in funds LnrL'Strlcied fun¢J$ Federaiion fiind 1.876 4,893 TOT.41. FITIN'DS 1178,5661 1,876 Page 17 conlujlled LINCOLNSHIRE INORTH FEDER4TIOrn' OF ii'oiir.N's INSl'lTI'TES OTES TO TIIE FIN'ANCIAL STATENIE)TS- Continued FOR THE I'EAR EIN.DED31 OCTOIJER 2025 16. REL.ITED PARTV DISCLOSI'RES There ￿￿ere no relaLed put). Itansaction5 foT the ytarended 31 October 2025. Page 18 LI￿,CoLlisHTRf INORTH FFDEIUTIOSL or II'OIIEN'S Ij5TITLiTLS DETAILED STA TEP+JENT OF FI￿AN.cA.￿L ACTII-ITIES FOR THE I'E.4R ENI DED3I OCTOBER 2025 2025 IN'COhqE DonAtIOll5 Icgacieg Gr¥nis receivable SubscriptiOll5 500 18.334 500 16.800 18.834 Publicau(x Lettings Raffles ,113 80 379 7,433 469 8.572 7.902 Ini'e5tmtnl income Invesment mcome 2 J15 4.375 Ch8rit2ble actÉi'itic5 Ei'en15 Annual meetTngs 56.205 5,013 i2.845 4,383 61218 57,228 Other income Donations received on khalf ofa )rd party Donaiions received 817 592 1.267 1,409 2,430 Total ineoming re$ourt¢s 92 J48 89.235 EXPENDITLRE Openiilf StLKk- 1,780 5,659 11 1771 6.064 Closiiig Stock .5,562 7.416 11.'Lo¢s Rates. li8hi and heat Insur￿¢¢ Telephone and PD5EaDr PrintinLT and stationery Carried foni'ar l7,729 3.672 16,582 1,394 1.759 5,807 ?8.849 2.173 6.720 31061 This paoe does not fonn part of the staiuiory flltsn¢id siaiemenis Page 19 LIN'COLNSHIRE N'ORTII FEDEIUTION OF II'OIILN'S INSI"ITI'I'ES DETAILEI) STATEIMF,NT or FlS.4N'CJrlL.4cfiviTIES roR THE Tr'EAR EI'DED 31 OCTOBER 2025 202) 2024 Ch#rit#ble a¢tii'ities Brou8ht for%&ard Adverttsing Sundries Cleaning. reptits and tene11￿5 Travel Annual Tneetings Cosi ofevenis Donatiou collected on behdfola 3rd paw. Amortisaiion of iniangiblt fixed ￿Sets Depreciaiion of tan£ible fixed ￿se¢S Loss tsn sale ofiangible filed assets Bank charg¢5 31.861 16J 1.416 1,624 1,668 3,27) 34,3i3 817 25 2.730 28.849 2.126 i.661 39,)60 1.267 304 2.919 208 227 78,159 8i.129 Other A¢counian¢y and l¢gal f¢es 2,160 2,140 Total resources e.xpended 85.881 92,685 'ct infomelleipendilurel before gain5 and Ios5e5 6,467 13,4iOI K¢ilised retognistd gain5 affid10sse5 Realised gaIn￿(losses1 on filed tssei investrnen 1,065 jel Incomtlltxpen￿ll￿Mj 7,532 12,6J91 Th15 PaB¢ does noi form paft of the statutory fllJ3ncil $t31emen15 Page 20