G. ROBINSON (Accountants) Limited Chartered Certlfled Accountants VAT Reg No. 884 7038 87 14 Broad Street Ludlow Shropshire SY8 ING Tel: 01584 872215 Fax: 01584 872215 ewmall: irdocroblnson@aol.com 08 july 2026 Mrc Ewilliams 2 Jockeytleld Ludlow Shropshire SY8 ILP Dear Mr Williams Hoyser.Foxe Charity arl Further to ttre completlon of the 2025 Account for the two above charities for the year ended. 31 Dècember 2025, 1 am able to notify you that there were no s￿nifICant matters arisin8 from the independend examinatlon. Yours slncerely Graham Robin50n, FCCA THE HQSIER-FOXE CHARITY FINANaAL sfATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2025 THE HOSYER-FOXE CHARrrY FINANCIAL 5fATEMENTS For the Ye•r Ended 31 DECEMBER 2025 Statement of Tru51ee Responsibilitie5 Pa8e I Repcrt of the Audltoi Pa8e 2 Income and Expenditure Accoun: Page 3 8alance Sheet Pa8e 4 Notes to the Financlal Statement5 Pa8es 5 to 8 G. Roblnson (Accountants) ilmlted Chartered Certllled Accountants Reg15tered Audltors 14 8road Street Ludlow. Shropshire 5Y8 114G THE HOSYER-FOXE CHARITY srATEMENT OF TRUSTEES, RESPth•4SIBILITIES Housin8 As%Jciation and Charity legislation require Trustees to prepare Financial Statements for each financial year whtch give a tTue and fair view of the state of affairs of the Charity as at the end of the financial year and of the surplus or deficit for that period. In preparin8 the Financlal Statements. suilable accountin8 policie5 have been adopted and conslstently applled, to the best of the Trustee's knowled8e and belief. by refererKe to reasonable and prudent Judgements and estimate5. Applicable accountlng standard have been followed. The Tru5tee5 are re5pons4ble for maintainlng adequate acmuntlng records, for safe8uardln8 the assets of the ChaTIty and for prevenling and deiectlng fraud and other irre8ularlties. The Trustees are also requlred to indicate where the Financial Statement$ J prepared other than on the basis that the Chartty is a going concem. REPORT OF THE AUDITORS TO THE TRUSTEES CF HOSYER-FOXE CHARITY We have exarn,'ned the financial statements on pages 3 to 8 whlch have been prepared under the aCCDunting policies set out on page S, aid correctly estsblished that an Accountant's Report is permitted. Tru As descrlbed on page I, the Charlty's T". usteps are responsible for the weparation of the Financi31 Statement5. It is our responibility to fomi an independènt opinion, based on our examinatlon of these Statements and to report our opinlon to you. It is also our responsibility to state the fact in our report. if we are of ihe opinion that the Charity has not maintsiDed satisfactory system of Control over it's transactions. sl We conducted our examlnation in accordar.ce with Eeneral auditing standafd5. It Includes examinatlon. on a test basis, of evidence relevant to the amounts arKI disc105ures in the Flnancial Statements. It a150 includes an assessment of the slgnlflcant estlmate5 and Judgements made by Trustees In the preparation of the Financial Stalements. and of whether the accountlng circumstances, consSstently applled and adequately disclosed. Qn the ba515 of the accountlng records, the accounts compw wlth the requliements of the Charitie5 Art 1993. In our opinion, the Financial Statements 8lve a true and fair view of the state of the Charity's affairs at 31 December 2025 and of It's proflt for the year then ended and have been properly prepared in accordance with the Trust Deed, the Housing and Regeneratlon Act 2￿8 and the Accounting Requirements for Reglstered Social Landlords General Determination 2CQ6. Robinson IA¢¢ountantsl Limited Chartered Cert.'fled Accountant5 14 Broad Street Ludlow Shropshire SY8 ING 09 July 2026 HOSYER-FOXE CHARITY Income arKI ExpendlbJre Account Year Ended 31 December 2025 Notes 2025 2024 TURNOVER Income 121.892 118,884 Less.. Operating Costs Finance Costs 13 14 134,644 5.782 131,153 5,963 118,5341 118.2321 Inlerest Receivable orNI Other Income 9.030 Surplus/lDefTcit) before Taxatlon 19.5041 18.4281 Taxtlon SURPLUS/IDEFicm FOR THE YEAR 12 19,%)4 Hosyer-Foxe Charity has not acqulred or discontinued any fur#1 activitles during the above two flnancial years. The Charlty hos no reco8nised galns and10$5es olher than those included in the above Income and Expenditure Account. Therefore no separate statement of total reco8ntsed gains and losses Is included. Trusrer• Trustee HOSYER-FOXE CHARITY Balance Sheet As at 31 December 2025 Notès 2025 2024 FIXED ASSETS Housln8 Propertles: Cost Le55 '. Hou5inB Association Grant Mort838e Account Depreciation 881.909 1109.6011 1283,2951 148,2021 881,909 1109.6011 1292,5131 147,8591 14 440,811 431,936 CURRENT ASSSErs Debtors Inve5rments Cash at Bank and In Hand 6,807 113,317 ,947 6,394 120,507 8,821 129,071 135,722 CREDITORS Amounts fallln8 due within ane year io 4,537 5,461 124,534 130,261 565.345 562,197 CAPITAL AND RESERVES Reserves Balance brought forward Surplu51lDeflcitl for the Year Surplus on Dlsposal of Sha￿5 562,197 19.5041 12,652 570,625 18,4281 15 Total 565.345 562.197 These Financi31 Statements were approvK*d by the Commlttee of Mana8ement on and signed on its behalf by the Trustees. rustee TrJstee THE HOSYER-FOXE CHARITY NOTE5 TO THE FINANCIAL STATEMEKrs For the Year Ended 31 Dec•mb8r 2025 I. PRINCIPLE ACCOUNTING POLICIES The format of the account has been revised to compty with thÈ RÈ8iStered Houslng Associations IAccountinE Requirements) Order 1992 and the Statement of Recommended Practice Accounting by ftegistered Housing Associations. The effect of this has been to change certain of the As50cialion's accounting policie& Comparative fyures have been restated accordinglv. The Financlal Statements have been prepared in accordance with applicable Accounting Standards In the Unlted Kingdom. A summary of the more imth)rtant accountlne pollcbes Is set out below. lal Ba$15 of Accountln8 The flnanclal statements are prepared on the hlstorlcal cost basls of aceountln8. Ibl Tumo%*r Turnover repr¢sents malntenance contrlbutions recelvable. Icl Housln8 Propertles The Hosyer-Foxe Charity propertles were constructed many years a80 and there Is no record of the ori8inal cost and no value is attributable thereto. Idl Extraorélnary Repalrs Costs of Extraordinary Repairs, unless ￿preSentIng improvements to the properties, are charged to the Revenue Account In the year in which they are incurred. lel Valu• Added Tajt The Hosyer-Foxe Charlty Is not registered for Value Added Tax. In these Financlal Statements, where applltable. expendrture is shown inclu5Ne of VAT. lfj Apportlonrnent *)f Management Expenses Finance and Administration ¢0S1s are apportloned between Management and Service Costs on the basi5 that 50% of thE Finance an(J Administration Costs are attributable to Seryice Costs and the balance to Management. Igl Cash Flow Statsment Under Financial Reporting Standard No.1, the Trust IS not required to produce a Cash Flow Siatemeni. HOSYER-FOXE CHARITY Notes to Flnanclal Ststements For the Year Ended 31 December 2025 2025 2024 2 DIREcfoR'S EMOLUMErirs The Oirectors are defined as the Tru5tee5 and the Clerk to the Tru5tee5. Emoluments 19,550 11,448 The number of Dirertors. including the hlghest paid Dlrector, who received emoluments in the followln8 ran8es were É5,OW to £IO,(#J) The totsl expenses reimbursed to Ihe Directors not chargeable to UnitÈd Kin8dom Tax Nll 3 EMPLOYEE INFORMATION The average weekly number of persons (including the Cle to the Trustees) employed during the year was Office Staff Wardens Staff Cost5 Salarles and Natlonal Insurance 3,21 21.410 24,616 3,6CQ 20,346 23,946 4 INTEREST RECEIVEABLE AND OTHER INCOME Estate Donations Deposlt Interest Investment Income 210 158 8,872 9.030 9,414 9.804 5 DEFICIT ON ON ORDINARY ACTMnES BEFORE TAXATION Surplus on Ordinary A(tNitie5 beforÈ Taxation is stated after charging - Auditors, Remuneration (including VATI In their capacity as Auditors 3.51Y) 3.200 6 TAXATION The Hosyer-Foxe Charity is a re8iStered Chartty and Is therefore, exempt from liability to taxation on It's Income and Capital Galns. HOSYER-FOXE CHARITY Notes to Financial Staternents Cantinued For the Year Ended 31 December 2025 2025 2024 7 DEBTOR5 Prepaymenis and Accrued Income 6,807 6,394 8 FIXED ASSETS Completed Housin8 Properties Completed Houslng Properties Cost at 01 January 2025 Additions at Cost . Church Walk Development Le￿.. Depreclation Mortg?8e . Hall Garth Tfust 222,041 659,868 148,2021 1283,2951 222,041 659,868 {47.8591 1292,5131 550,412 541,537 ousln8 Assoclation Grants at 01 January 2025 109,601 109,601 The Hosyer-Foxe Charlty properties were construrted many years a80. There15 no record of the original Cost and no value Is attrlbutable thereto. 9 CVRRENT A55ETS INVESTMENTS The Hosyer-Foxe Charlty Investments were acqulred many years ?80. There is no trace so far of the original cost before 01 January 1993 of the COIF Charty Funds Investment5, and r)0 value is attrlbutable thereto. Cost or Base Cost . At 01 January 2025 Additions durlng the Year Withdrawals during the Year Accumulated Income 120,295 120.327 7,348 158 113,105 180 120,507 The Investments comprise the Followin8: 140,844 NAACIF Income Sha￿5 75.7907 COIF Accumulation Sha The Chadtie5 Deposit Fund COIF Fixed Interest Fund COIF Income Unit5 43,802 7.155 3,860 3.200 55,3 113.317 43,802 14,504 3,701 3.21Xi 55.300 120.507 Marketvalue at 31 December 2025 295,220 307.307 10 CREDITORS Amount5 falling due within one Year Creditors and Accruals 4.537 5,461 HOSYER-FOXE CHARITY Notes to Financlal Ststsments contlnued Forthe Year Ended 31 December 2025 2025 2024 11 CONTINGENT UABILITIES At 31 December 2025 and 2024,there We￿ no known conti￿ent liabilities. 12 PARncuLARS OF niRNOVER AND OPERAnNG SURPLUS BEFORE COSTS IN AESPEcf OF HOUSING ACCOMMODATION Income frorn Lettings Operating and Finance Costs 121,892 140,426 118,884 137.116 (18,5341 118,2321 Oth•r Ineorn¢: Interest and Similar Income 158 390 Surplus1lDeficltl before TaM•tion Investment Income T￿al SurplusllDeficft) b•forn Taxatlon for the p•rlod of Attount 118.376) 8.872 117,8421 9.414 19.504) 18,4281 13 OPERATING COSTS FROM LETTIP4GS Housln8 Accommodatlon123 UnSts1 Servlces Management Maintenance Depreciation 39,562 30,274 64,465 343 134.644 38,830 32,573 59,347 403 131,153 14 MORTGAGE ACCOUNT Hall Garth Charitable Settlement broiiRht forward Add .' Interest Less: Repayment 202,511 5.782 15,0001 301,550 5,963 115,0001 Balance Outstandi 283,295 292,513 15 015POSAL OF SHARES Sale Proceeds Cost of Shares Sold 20.Iy)) 7.348 Surplus on DIsp05al 12.652