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2025-08-31-accounts

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

REGISTERED COMPANY NUMBER: 02926446 (England and Wales) REGISTERED CHARITY NUMBER: 1040419 SC042910

CHAIRMAN’S REPORT, REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

CBUK26 (FORMERLY CHILD BEREAVEMENT UK) (A COMPANY LIMITED BY GUARANTEE)

Seymour Taylor Limited, Statutory Auditor First Floor North 40 Oxford Road High Wycombe Buckinghamshire HP11 2EE

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Page
Chairman’s Report 1
Report of the Trustees 2 to 10
Report of the Independent Auditors 11 to 14
Statement of Financial Activities 15
Balance Sheet 16
Cash Flow Statement 17
Notes to the Cash Flow Statement 18
Notes to the Financial Statements 19 to 31

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

CHAIRMAN’S REPORT FOR THE YEAR ENDED 31 AUGUST 2025

The backdrop to the financial year to the end of August 2025 was again challenging for the UK charity sector with continuing high inflation and ongoing economic challenges. CBUK26 was not immune from these macroeconomic headwinds, and we continued to operate with increasing numbers of bereaved families seeking support.

However, a strong year of fundraising led to a 24% increase in our income to £4.2m. This growth was made possible due to the huge success of our 30th anniversary celebration event which raised £1.6m in total, £1.1m of which was generated for the financial year to August 2025 and the balance pledged for future years. Our costs were just under our income, so we are pleased to report a very small surplus for the year.

I confirmed last year in my statement that we would carry out a cost reduction programme to produce a £0.6m annual cost saving to offset a loss of £0.8m in the previous year. This was completed in December 2024, resulting in 17 members of our dedicated team sadly taking voluntary redundancy. This action was necessary given the level of loss in the previous year and it has had the required effect of taking the charity closer to realigning our regular income with our cost base. It is a credit to our dedicated team that despite the reduction in staff, we were able to continue to provide high-quality bereavement support; establish a new bereavement service to meet unmet need in Birmingham; continue to provide high-calibre, award-winning resources for training and education partners; and to raise awareness by hosting a high-profile visit of our Royal Patron HRH The Prince of Wales to our thriving bereavement service in Widnes.

We have continued to see reductions in donations and government grants, but this has been partially offset by strong growth in our treks and challenges fundraising. We continue to successfully invest in developing our individual giving capability and though the returns currently generated are small we are pleased with the results to date and plan to continue to develop our individual giving programme.

In May of 2025 we announced our intention to merge with Winston’s Wish, another leading charity within the bereavement sector in the UK which offers digital counselling and helpline services to children and young adults who are bereaved. We truly believe that we can do more nationally for more beneficiaries by merging our two organisations. The CEO of Winston’s Wish, Fergus Crow, was appointed as the interim CEO of CBUK26 after the announcement of the merger. As of the end of the financial year, the merger discussions continue to be implemented, and we are aiming for the merger to complete by April 2026. No merger is without complexity and challenges but the long-term benefits of merging our two organisations remain clear. The merged charity will continue to retain the name CBUK26.

I would like to pay particular thanks to Nicola Gilham, a trustee of CBUK26 for over a decade, who has played a key role in the last financial year as interim Head of Charity. She stepped in at a difficult time to lead CBUK26, and we wouldn’t be in the strong financial position we are without her immense efforts first as a trustee and subsequently as Head of Charity.

In closing I must thank those thousands of supporters who do so much to help us. We put every penny raised to the best possible use. I am very confident that this next year, though challenging, will see our newly merged charity continue to help even more children, young people, parents and families to rebuild their lives after the devastation of child bereavement, and train even more professionals who also support them.

30 April 2026

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

................................................................. Mr A S Fitzgibbons – Trustee

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

Royal Patron HRH The Prince of Wales
The Hon. Mrs J Samuel MBE MSc Snr
Founder Patron Acc. MBACP
Trustees
Mr Alexander Fitzgibbons (Chair)
Ms Lorna Ireland (Resigned 27 May 2025)
Ms Therese Mayhew
Ms Deborah A Eaton KC
Mrs Nicola Gilham BA FCA (Vice Chair)
(Resigned 6 November 2024)
Mr Tim Manasseh
Mrs Kristen S Weldon (Resigned 11 February 2026)
Mr Peter West
Ms Shareen Jivraj-Virani
Company Secretary Mr James Kieran Cronin BComm, MCT
Chief Executive Mr Fergus Crow (Appointed 16 May 2025)
Head of Charity Mrs Nicola Gilham BA FCA (Resigned 12 June 2025)
Registered Office Unit B, Knaves Beech Way
Loudwater
High Wycombe
Buckinghamshire
HP10 9QY
Bankers Natwest
33 High Street
High Wycombe
Bucks
HP11 2AG
Auditor Seymour Taylor Limited
First Floor North
40 Oxford Road
High Wycombe
Buckinghamshire
HP11 2EE
Registered company
number 02926446
Registered charity
number England and Wales 1040419
Scotland SC042910

The Trustees, who are also the directors of CBUK26, (the charitable company/the Charity) for the purposes of company law, have pleasure in presenting their report, which incorporates the report of the directors for the purposes of company law, and the accounts for the year ended 31 August 2025.

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CBUK26

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity is governed by its Memorandum and Articles of Association as a Company, limited by guarantee and registered in England and Wales, and is registered as a charity both in England & Wales and Scotland.

The Charity changes it’s name from Child Bereavement UK to CBUK26 on 25 March 2026.

New Trustees are recruited on the basis of their skills, experience and potential contribution to the governance of the Charity, and are appointed for an agreed length of time, subject to any applicable constitutional or statutory provisions relating to election and re-election. New Trustees receive a comprehensive induction; those attending training disseminate their learning to others; and roles, responsibilities and sub-committee membership are formally reviewed at the annual Board strategy and planning day. Board effectiveness and composition, as well as the reappointment of any Trustee after the expiry of their term of office, is subject to review in line with the principles of the Code of Governance for larger charities. The Trustees recognise the benefits of diverse leadership and are committed to advancing equality of opportunity across the organisation.

Strategic direction and policy are approved by the Board of Trustees in consultation with the Chief Executive; the execution of the strategic plan is delegated to the Chief Executive and Senior Management Team, with progress monitored at quarterly Board meetings and against an annual budget. All policies are regularly reviewed and updated as required.

Retaining the expertise of key staff is vital to the success of the Charity's operations. The Charity is committed to paying the living wage and to equal pay and aims to ensure that salaries reflect the knowledge, skills, responsibilities and personal competencies required for the satisfactory performance of each role and remain competitive with reference to sector pay surveys. Pay is reviewed annually, and any increases approved by the Human Resources & Remuneration Committee. The Chief Executive and Senior Management Team are subject to the same remuneration policies as all other employees.

The Charity is a member of the Fundraising Regulator and ensures that all fundraising activity is compliant with the Code of Fundraising Practice. During the year under review the Charity received no complaints in relation to its fundraising practices (2024: no complaints).

Risk policy

The Trustees have identified and assessed the major strategic and operational risks that might face the Charity and impact on its ability to function in pursuit of its charitable objectives, including financial risks related to the ongoing impact of the cost of living crisis and cyber security risks. Whilst the Trustees are confident that the Charity has adequate control procedures in place to mitigate and manage the major risks to which it is exposed, its Risk & Governance sub-committee regularly reviews the Charity's Risk Register and reports twice a year to the Board.

Public benefit

The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the objectives of the Charity and in planning future activities.

Diversity

CBUK26 is committed to fostering an inclusive environment, based on fairness, respect for difference, the elimination of discrimination and the promotion of equal opportunity in delivering its services and in relation to those it employs. The Charity will work to improve representation of currently under-represented groups at all levels across the organisation, ensuring services are accessible, appropriate and delivered fairly to all according to need, and engaging and retaining diverse talent in its employee group and Board of Trustees.

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

To this end the Charity will ensure that:

In the year under review, the Charity's Equity, Diversity and Inclusion group, with voluntary participation from across its staff team and support at both Senior Management Team and Board level, has continued with its 'Let's talk about...' initiative with the aim of raising awareness and increasing inclusion across the organisation to help better support colleagues and represent the families and organisations we work with and support.

Vision and Mission

The Charity's vision is for all families to have the support they need to rebuild their lives, when a child grieves or when a child dies. Its mission is to tackle the inequalities that exist in the availability, accessibility and quality of bereavement support and training across the UK and to build capacity and compassion within communities to manage the impact of child bereavement.

Strategic objectives

The Charity's strategy aims to ensure that adults and children across the UK experiencing the devastation of child bereavement are supported to rebuild their lives. Key to this in the ongoing challenging financial climate is maintaining its organisational resilience and sustainability, so that the Charity can continue to provide high quality support to both grieving families and the professionals who care for them, and establish the environment within which it can continue to further develop and grow its services in response to emerging needs.

The Charity's strategic plan focuses on two key areas:

  1. Access to support for grieving children, young people and families, and the professionals who care for them. 2. Access to high-calibre bereavement training.

Achievement and performance

CBUK26 is indebted to its staff and volunteers who have enabled the provision of high-quality services in the year under review:

1. Supporting Families

The year under review has seen a sustained increase in demand for the Charity's services.

The Charity continued to offer free ongoing digital bereavement support to individuals, couples, children, young people and families via telephone, video and Instant Messenger, as well as maintaining the provision of faceto-face support from a number of locations across the UK. The Charity has seen a consistent demand for a blended service delivery model with beneficiaries accessing support remotely and face to face. Mindful of those who may be affected by the increased cost of living, the Charity continues to support a Bursary Fund to assist families with travel and other essential costs to enable them to attend support sessions.

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

The Charity's practitioners supported 2,487 individuals including children, young people and adults who received ongoing direct support. In providing our offer of support to other sectors with the continued aim of upskilling as many professionals and organisations as possible to increase the reach of bereavement support to families in all regions, we made 1,375 calls to schools and other professionals involved with bereaved families over the year. The Charity's group support programmes continued with over 358 attendances across the year, reducing isolation and providing 205 individuals with the opportunity to build new networks in a supportive, facilitated environment. This was in addition to the support offered via the Charity's Helpline, Live Chat and email support services which responded to 7,582 contacts from both family members and professionals.

Feedback from the Charities Family Survey 2024/2025 confirmed that our families consider the support they receive from CBUK26 to continue to consistently perform to a high standard, scoring an average of 4.77 out of 5 for the quality of service received. The results are overwhelmingly positive: an impressive 100% of users feedback (at the last survey in March 2025) said that they would recommend our service; 97% of people said that their needs had been met.

The Charity's services teams have each held quarterly, in-person memory making days in their regions. This included 'Crafts To Remember' and 'Day To Remember' sessions with volunteers from our corporate partners supporting staff teams.

Despite the reduced staff resource in Bereavement support services, the Charity continued to ensure that access to support continued seamlessly across the UK, managing its capacity well to ensure it could respond to high demand for both in-person and digital support. Families continued to have the choice to receive faceto-face and remote services.

The Charity was pleased to increase its regional presence and service provision, launching a new service to provide much-needed support in Birmingham. The Charity is grateful that this was enabled with funding from the National Lottery. We are also indebted to the Rausing Trust whose funding enabled the Charity to provide unique support to families and individuals in London, following a sudden or traumatic death.

The Charity's work in Scotland continued to provide support for families from across the country from its central base in Glasgow, and increased capacity to provide outreach support to more remote areas of Scotland. In the year under review, the Charity provided services in: Edinburgh, Forth Valley, Callander, Falkirk, Larbert, Glasgow, and North Lanarkshire: Coatbridge; and South Lanarkshire: Biggar.

The funding support to families and professionals through the Charity's hospital-based bereavement service, commissioned by NHS Greater Glasgow and Clyde and generously funded by the Glasgow Children's Hospital Charity for many years, came to a close this year. However, in collaboration with the GCHC, the service has now been retained by their charity and continues to work in partnership with CBUK26.

Establishing collaborative partnerships and bringing the voice of bereaved families to initiatives of national significance and research have continued to be key aspects of the Charity's work. This has included facilitating a very successful national conference in Birmingham; 'Cultural perspectives in supporting children and young people though grief'. 166 professionals participated in the event which included regional and national partners, academics, and experts in equality and diversity.

The Charity has also continued to support the work of the Ockenden Maternity Review.

The Charity continued its representation on the Advisory Panel of the Childhood Bereavement Network and maintained active membership of sector groups including the National Bereavement Alliance, Pregnancy & Baby Charities Network, Support after Suicide Partnership, and a number of All Party Parliamentary Groups.

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

2. Educating and Supporting Professionals

The Charity's education and support of professionals across the statutory, voluntary and corporate sectors, through a blended delivery model combining face-to-face and online courses, continued to be much in demand with 6,056 professionals attending training in the year under review.

Our Education Team created a new resource; 'The elephant in the room', with an animation and a full resource toolkit for schools and the Education Sector. The announcement that grief education will form part of the mandatory curriculum in England from September 2026 will ensure schools and colleges in particular will benefit from this essential resource. In addition, the Education team continued to lead a collaborative campaign for bereavement to be on the school curriculum, working with Lesel Dawson, University of Bristol, Alison Penny from Childhood Bereavement Network and the Charity's Funeral Industry Advisor, and campaigner, John Adams.

The Charity continued to offer bereavement training on a wide range of topics across its programme of scheduled workshops, webinars and 'Lunch and Learn' sessions, as well as delivering bespoke sessions specifically devised to meet the needs of a diverse range of organisations which included: Hope House Hospice: Starlight: Royal Berkshire Emergency Department: NHSBT: Young lives vs Cancer: St Lukes' Hospice; Rays of Sunshine; Children with Cancer; Homestart; Children Looked After; Berkshire Women's Aid; Roald Dahl Nurses; and Thames Valley Air Ambulance.

All the Charity's training was evaluated highly, with attendees providing positive feedback; 96-99% of attendees consistently said they would recommend it to colleagues and awarded an average mark of 4.6 out of a possible 5 where 5 is 'very good'.

The 'Cultural perspectives in supporting children and young people though grief' conference in Birmingham was rated 4.8 out of 5, with 100% of attendees saying they would recommend it to a colleague. Testimonials included: "It was interesting to hear from various faiths and cultural perspectives on bereavement and the holistic support available. It definitely speaks to a joined-up approach where diverse professionals and faith groups can all chip in to ensure children and young people are looked after and supported through bereavement." and "Really excellent thought-provoking conference and chance to network with others."

Following a 'Strategies for supporting bereaved pupils' training workshop in Glasgow, attendees were asked to rate how much their confidence to implement strategies and have conversations about loss, death and grief had increased. Feedback included: "I am completely blown away and feel so inspired to embed these into my practice and raise with SLT for whole school. Would love you to come and visit NDHS!" and "I used to avoid using certain language because I didn't want to hurt anyone. I'll change the way I speak to bereaved children, it's ok to be upset when children are sharing stories/emotions, I could be doing more to support our children.'

The Charity continued to host digital learning programmes to provide teachers and school community staff with award-winning resources developed in partnership with London Grid for Learning, an open access platform for school staff. The Charity also collaborated with Scotty's Little Soldiers, a charity working specifically with military families, to produce a joint bereavement policy template and policy guidance for any school to access.

Through its development work, the Charity maintained its provision of support and accessible training to organisations across Scotland. This included continuing to facilitate 12 regional networks face to face and online. This development work also enabled the Charity to reach and support 83 professionals through Advisory Groups and meetings, and events, reaching out to diverse locations and groups which included Fife Council for Social Workers, Meningitis Now, NHS Ayrshire and NHS Highlands, and Penumbra Mental Health (a large employer of mental health peer workers supporting suicide prevention and self-harm management).

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

3. Communication

The Charity continued its focus on ensuring that bereaved families and professionals could access support and information via its direct services and through its digital media. Most frequently visited website pages related to supporting children and young people, the Charity's bereavement support services, and its training for professionals, with trackable website visits achieving nearly 800,000 page views.

Supportive content was shared widely on social media; the Charity's following reached nearly 83,000 with over 40 million impressions. In March, the Charity exited Twitter/X in line with many other ethical organisations, and its following saw baseline growth of 23%. Celebrity collaborations helped boost organic reach by 119%.

The Charity developed its suite of accessible resources for families and professionals. Its new animation, Room for an elephant, explaining the importance of acknowledging a bereavement, was the Charity's most successful resource to date, exceeding 173,000 views across its platforms in the last financial quarter alone. Animations tackling complex issues, including explaining funerals, have been the Charity's highest-performing videos on YouTube, where 938,000 lifetime views have been achieved.

The Charity was pleased that its animation What is grief? was awarded a Special Mention in the Big Syn International Film Festival 2024 and was a Finalist in the Charity Film Awards 2025.

The Charity produced resources in response to identified need, including on: Sudden and Unexplained Death In Childhood; separation anxiety; death doulas; living funerals; widowed parenting; managing exams; helping a child who is afraid of death and dying; and emotionally based school non-attendance. The Charity also updated resources on When an adult child dies; When someone special dies; and Supporting a bereaved autistic child; and began hosting Bear Us in Mind, a resource for families affected by war, displacement, trauma and bereavement.

The Charity continued to champion the voices of bereaved children, young people and parents/carers, supporting a number of awareness campaigns including Black History Month; Dying Matters Week; Childhood Cancer Awareness Month; World Suicide Prevention Day; Children's Mental Health Awareness Week; Neurodiversity Week; Baby Loss Awareness Week; Group Strep B Awareness Month; Children's Grief Awareness Week; South Asian Baby Loss Awareness Week; Maternal Black Mothers Week; and National Grief Awareness Week. It also supported petitions and parliamentary debates including calling for a register of bereaved children, and to mandate age-appropriate learning about death and dying in schools; assisted dying; Jack's Law (paid parental bereavement leave); and also supported a paper on Peer Support in Multiple Births; and the Royal College of Gynaecologists' campaign to eliminate maternal and neonatal health inequalities.

The Charity advised on media articles including National Counselling and Psychological Society, and BBC Tiny Happy People. It took part in several podcasts including Parental Control; Dying Matters Halton, Death - a Changing Industry; and Living with Dying; and advised the BBC on a script for Casualty.

The visit of the Charity's Royal Patron HRH The Prince of Wales to its bereavement service in Cheshire gained global media coverage, with two young people supported by CBUK26, and its Bereavement Support Service Lead, interviewed on BBC Breakfast.

4. Sustainability

CBUK26 is committed to developing sustainable annual income growth to ensure that existing services can be maintained and grown in future years as increased demand for those services continues.

The current economic climate means charitable giving is not an option for many people due to the rise in the cost of living and a sluggish economic outlook. The Charity faces the same challenges that the entire sector Is facing. This year we held our biannual gala at Windsor Castle and the evening was a great success with £1.1m raised on the night and a further £0.5m to follow over the next three years. This has helped income to recover to £4.2m, a 24% increase on the previous year and has resulted in a return to break even after investment gains.

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

On the expenditure side the Charity completed a cost reduction programme in December 2024. 17 of the team took voluntary redundancy which will save £0.6m annually. Inflation continues to be high and additional national insurance costs are a burden. The Charity maintained its investment in diversifying its fundraising streams and continued to invest £0.2m annually to grow individual giving income. This project is on track but will take time to flourish. Overall costs were unchanged at £4.4m.

The Charity remains confident in its ability to grow income in the longer term and to invest in service provision when it can to meet increasing demand.

Volunteers remain integral to the Charity's work and in the year under review, assisting with raising awareness, bereavement support groups, fundraising, governance and administrative support.

Financial review

Results

During the year under review, the Charity generated total funds of £4.2m (2024: £3.4m). Within this, income from Restricted Grants and Donations amounted to £1.1m (2024: £1.0m). Expenditure from Restricted Reserves, expended in accordance with the respective grantors' terms and conditions, amounted to £1.0m (2024: £1.2m). Income on the General Fund increased to £3.1m (2024: £2.4m).

Unencumbered free reserves at the balance sheet date amounted to £2.2m (2024: £2.2m).

Reserves policy

The Trustees continue to place great importance on the long-term sustainability of the Charity. Costs continue to be well controlled with the Charity maintaining its 'gateway' approach, ensuring new initiatives only commence when short-term funding needs can be met from within existing reserves and there is reasonable security of continuation funding to follow. The Trustees continue to have regard to the importance of being able to retain the core of the Charity's highly skilled and experienced workforce.

The Charity has set aside a designated fund to protect against any major short-term financial threat or shortfall in income stream, which is still subject to some unpredictability. The Designated Fund represents four months of projected annual costs.

Investment policy

The Charity's investment policy follows Charity Commission guidance and has specific regard to the level of acceptable risk, the preservation of capital, and long-term capital growth to support sustainability of service delivery. While the investment policy has been set by the Board of Trustees, responsibility for ongoing investment issues has been delegated to the Investment Subcommittee.

To protect and grow capital ahead of inflation, a medium-term target of 3% compound annual growth has been set. The funds are managed by Rothschild Wealth Management and in the year had a growth rate of 6%.

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CBUK26

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

Plans for the future

CBUK26 remains committed to continuing to deliver its services for both families and professionals to the highest standards, and to delivering its training programme to ensure equitable access and increased reach across the UK

To this end the Charity will:

Events since the end of the year

With the ongoing challenges posed by the economic climate, organisational agility and optimising the Charity's infrastructure will be crucial to ensuring both efficiency and effectiveness across its operations. To that end, the board announced a planned strategic merger in May 2025 with child bereavement charity Winston's Wish. This merger was completed in February 2026.

Both charities share a deep commitment to ensuring that no bereaved child, young person (up to age 25), parent or family has to face grief alone. By coming together, we are combining our expertise, resources and decades of experience to create a stronger, more impactful organisation, one that will be able to reach more grieving families across the UK with compassionate support, training and guidance.

On 16 February 2026 most of the Charity's assets transferred to Winstons Wish. This included the Charity's restricted funds which will be held by Winstons Wish for the same purposes. At that time Winstons Wish became liable for all of the Assumed Liabilities and indemnified the Charity for any liabilities. At that time the Charity's employees, and their employment contracts and rights, transferred to Winstons Wish under the provisions of the Transfer of Undertakings (Protection of Employment) Regulations 2006.

In March 2026 the Charity changed its name to CBUK 26 and Winstons Wish changed its name to Child Bereavement UK.

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CBUK26

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of CBUK26 for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, Seymour Taylor Limited, will be re-appointed in accordance with section 487(2) of the Companies Act 2006.

30 April 2026

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

................................................................. Mr A S Fitzgibbons - Trustee

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF CBUK26

Opinion

We have audited the financial statements of CBUK26 (the 'charitable company') for the year ended 31 August 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF CBUK26

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Chairman’s Report and the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we considered the following:

12

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF CBUK26

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the Company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act and local tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the Company's ability to operate or to avoid a material penalty.

Audit response to risks identified

As a result of performing the above, our procedures to respond to risks identified included the following:

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or noncompliance with laws and regulations throughout the audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

13

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF CBUK26

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company's members and the trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Elizabeth Horton FCA FCCA (Senior Statutory Auditor) for and on behalf of Seymour Taylor Limited, Statutory Auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 First Floor North

40 Oxford Road High Wycombe Buckinghamshire HP11 2EE 30 April 2026 Date: .............................................

14

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025

Notes
INCOME FROM
Donations and legacies
3
Charitable activities
6
Other trading activities
4
Investment income
5
Total
EXPENDITURE ON
Raising funds
7
Charitable activities
8
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
2,179,671
188,812
710,002
39,947
3,118,432
1,380,664
1,971,523
3,352,187
132,117
(101,638)
3,923,297
3,821,659		 Restricted
funds
£
853,546
259,628
6,125
-
1,119,299
-
1,012,416
1,012,416
-
106,883
289,210
396,093		 2025
Total
funds
£
3,033,217
448,440
716,127
39,947
4,237,731
1,380,664
2,983,939
4,364,603
132,117
5,245
4,212,507
4,217,752		 2024
Total
funds
£
2,337,836
575,326
448,757
55,451
3,417,370
1,174,160
3,206,244
4,380,404
157,480
(805,554)
5,018,061
4,212,507

The notes form part of these financial statements

15

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

BALANCE SHEET 31 AUGUST 2025

Notes
FIXED ASSETS
Tangible assets
13
Investments
14
CURRENT ASSETS
Debtors
15
Investments
16
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
17
NET CURRENT ASSETS
NET ASSETS
FUNDS
20
Unrestricted funds:
General fund
Designated fund
Restricted funds
TOTAL FUNDS		 2025
£
110,470
1,524,911
1,635,381
623,696
1,608,143
548,006
2,779,845
(197,474)
2,582,371
4,217,752
2,186,278
1,635,381
3,821,659
396,093
4,217,752		 2024
£
144,106
1,594,207
1,738,313
435,857
1,786,788
451,603
2,674,248
(200,054)
2,474,194
4,212,507
2,184,984
1,738,313
3,923,297
289,210
4,212,507

The financial statements were approved by the Board of Trustees and authorised for issue on 30 April 2026 ............................................. and were signed on its behalf by:

............................................. Mr A S Fitzgibbons - Trustee

The notes form part of these financial statements

16

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025

Notes
Cash flows from operating activities
1
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of investments
Sale of investments
Interest received
Dividends received
Net cash provided by investing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2025
£
(310,600)
(13,002)
(1,800,000)
2,180,058
983
38,964
407,003
96,403
451,603
548,006		 2024
£
(1,006,675)
(17,728)
(300,000)
1,150,053
793
54,658
887,776
(118,899)
570,502
451,603

The notes form part of these financial statements

17

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Gain on investments
Interest received
Dividends received
Decrease in stocks
Increase in debtors
(Decrease)/increase in creditors
Net cash used in operations		 2025
£
5,245
46,638
(132,117)
(983)
(38,964)
-
(187,839)
(2,580)
(310,600)		 2024
£
(805,554)
48,230
(157,479)
(793)
(54,658)
1,315
(103,721)
65,985
(1,006,675)

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash
Cash at bank and in hand
Liquid resources
Current asset investments
Total		 At 1.9.2024
£
451,603
1,786,788
2,238,391		 Cash flow
£
96,403
(178,645)
(82,242)		 At 31.8.2025
£
548,006
1,608,143
2,156,149

The notes form part of these financial statements

18

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. GENERAL INFORMATION

CBUK26 is a charity limited by guarantee and incorporated in England and Wales. The address of the company's registered office is Unit B Knaves Beech Way, Loudwater, High Wycombe, England, HP10 9QY. The registered charity number in England and Wales is 1040419. The registered charity number in Scotland is SC042910.

The presentation currency of these financial statements is Sterling (£), being the currency of the primary economic market in which the entity operates (its functional currency). All amounts in these financial statements have been rounded to the nearest pound unless stated otherwise.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2. ACCOUNTING POLICIES

Basis of preparation

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

There are no material uncertainties regarding the Charity's ability to continue as a going concern. The charity is to merge with another charity 'Winston's Wish' in Spring 2026, and the combined charity will continue the services of both charities going forward. More details are included in the Trustees' report.

Reference to the "Charity" in these financial statements means the "charitable company" and reference to the "Trustees" means the "Directors".

Income

Income from donations and grants, including capital donations, are recognised once the Charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably. In addition, the Charity from time to time receives benefits from several benefactors in respect of assistance in the running of training courses. Such benefits are excluded from the statement of financial activities.

Other types of income are recognised on the same basis:

Publication sales - represent the sale of the Charity's publications, such as books and other literature, sold to third party purchasers.

Training income - represents charges made by the Charity to delegates attending training webinars, workshops and study days, and charges in respect of lectures and talks given by the Charity's staff.

Consultancy fees - represent charges made for advice and support provided to other organisations.

Fundraising- represent funds raised by the charity from events, donations and raising funds through individuals and companies rasing funds on their behalf.

Support services- represents charges made by the charity to cover the salaries for the staff that provide support services in various locations across the UK.

19

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

2. ACCOUNTING POLICIES - continued

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure involving more than one category has been apportioned by the Trustees on a reasonable, justifiable, and consistent basis, involving estimating proportions of staff time.

Allocation of support costs

Support costs comprise all costs involving the public accountability of the Charity and its compliance with regulation and good practice. These costs include costs related to statutory audit and legal fees together with an apportionment of overhead and support costs relating to trustee board meetings.

Support costs are allocated to the cost of raising funds and charitable activities in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice.

These costs have been allocated in proportion to the cost of each activity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - over the lease term Office equipment - straight line - 25% Fixtures and fittings - straight line - 10%

Investments

Investments are initially recognised at their transaction value and subsequently measured at their market value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.

Fund accounting

General fund represents unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds incorporate grants and donations, which, although contributing towards the general objectives of the Charity, carry specific instructions by the donor as to how the monies should be applied. At the balance sheet date, the accumulated balance represents those sums which have yet to be applied in the manner instructed. The Trustees are of the opinion that there are sufficient liquid assets available to meet the Charity's obligations imposed by the restricted funds, all of which are short term, and that it is not necessary to appropriate assets into a separate fund.

Financial instruments

The Charity has only financial assets and liabilities that would qualify as basic financial instruments.

Basic financial assets, which include cash and debtors, are initially measured at transaction price including transaction costs and subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

20

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

2. ACCOUNTING POLICIES - continued

Financial instruments

Basic financial liabilities such as trade creditors, loans and finance leases are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest. Financial liabilities classified as payable within one year are not amortised.

An equity instrument is any contract that evidences a residual interest in the assets of the Charity after deducting all of its liabilities.

Leases

Rentals under operating leases are charged in the Statement of Financial Activities on a straight line basis over the lease term.

Pension costs

The Charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities in the period to which they relate.

3. DONATIONS AND LEGACIES

Donations
Grants
4.
OTHER TRADING ACTIVITIES
Fundraising events
Merchandise sales
Other income
5.
INVESTMENT INCOME
Dividends
Deposit account interest		 2025
£
2,417,238
615,979
3,033,217
2025
£
716,127
-
-
716,127
2025
£
38,964
983
39,947		 2025
£
2,417,238
615,979
3,033,217
2025
£
716,127
-
-
716,127
2025
£
38,964
983
39,947		 2024
£
1,730,166
607,670
2,337,836
2024
£
448,022
533
202
448,757
2024
£
54,658
793
55,451		 2024
£
1,730,166
607,670
2,337,836
2024
£
448,022
533
202
448,757
2024
£
54,658
793
55,451

21

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

6. INCOME FROM CHARITABLE ACTIVITIES

Support services income
Publication sales
Training income
7.
RAISING FUNDS
Raising donations and legacies
Staff costs
Office and premises costs
Fundraising costs
Event costs
Support costs (see note 9)
8.
CHARITABLE ACTIVITIES COSTS
Promotional costs
Service support costs
Training and conference costs
Salaries and staff costs
Office and premise costs
Support costs (note 9)

22

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

9. SUPPORT COSTS

Auditors' remuneration
Legal and professional fees
Trustee expenses
Salaries and staff costs
Office and premises costs
Apportioned to charitable activities
Apportioned to raising funds		 2025
£
17,700
103,454
25
364,090
90,360
(339,622)
(236,007)
-		 2024
£
18,871
19,853
-
190,895
44,645

(172,786)

(101,478)
-

Support costs are allocated to the cost of raising funds and the cost of charitable activities in accordance with Accounting and Reporting by Charities:Statement of Recommended Practice.

These costs have been allocated in proportion to the cost of each activity.

10. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025 2024
£ £
Depreciation - owned assets 46,638 48,230
Auditor's remuneration 17,700 18,871
Operating leases payments 224,418 229,201

11. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

Trustees' expenses

There were trustees' expenses amounting to £25 for training costs for the year ended 31 August 2025 for one trustee (nil for 2024).

12. STAFF COSTS

Wages and salaries
Social security costs
Pension costs		 2025
£
2,466,811
263,871
125,959
2,856,641		 2024
£
2,626,959
235,977
118,091
2,981,027

23

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

12. STAFF COSTS - continued

The average monthly number of employees during the year was as follows:

Awareness and national profile
Training and conferences
Bereavement support service
Administrative
Fundraising		 2025
5
7
47
5
13
77		 2024
5
8
54
3
17
87

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

£60,001 - £70,000
£70,001 - £80,000
£80,001 - £90,000
£90,001 - £100,000		 2025
2
1
2
-
5		 2024
2
2
-
1
5

Value of company pension contributions to money purchase schemes for employees whose emoluments exceed £60,000 is £10,159 (2024: £18,462).

The total aggregate remuneration paid to key management personnel was £567,046 (2024: £508,210).

13. TANGIBLE FIXED ASSETS

COST
At 1 September 2024
Additions
At 31 August 2025
DEPRECIATION
At 1 September 2024
Charge for year
At 31 August 2025
NET BOOK VALUE
At 31 August 2025
At 31 August 2024		 Short
leasehold
£
193,704
-
193,704
105,744
19,561
125,305
68,399
87,960		 Office
equipment
£
179,559
12,929
192,488
132,569
24,737
157,306
35,182
46,990		 Fixtures
and
fittings
£
48,658
73
48,731
39,502
2,340
41,842
6,889
9,156		 Totals
£
421,921
13,002
434,923
277,815
46,638
324,453
110,470
144,106

24

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

14. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1 September 2024
Additions
Disposals
Revaluations
At 31 August 2025
NET BOOK VALUE
At 31 August 2025
At 31 August 2024		 Listed
investments
£
1,594,207
1,500,389
(1,594,207)
24,522
1,524,911
1,524,911
1,594,207

There were no investment assets outside the UK.

Details of material funds included in the above investments are as follows:

BlackRock ICS Sterling Government Liquidity Fund
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
Trade debtors
Other debtors
Prepayments and accrued income
16.
CURRENT ASSET INVESTMENTS
Listed investments		 Market
value
Cost
Percentage of
the total
At 31.08.2025 at 31.08.2025
valuation
£
£
%
1,524,911
1,500,390
100%
YEAR
2025
2024
£
£
112,833
64,646
62,752
69,841
448,111
301,370
623,696
435,857
2025
2024
£
£
1,608,143
1,786,788

Details of material funds included in the above investments are as follows:

Market Cost Percentage of
value the total
At 31.08.2025 at 31.08.2025 valuation
£ £ %
TM New Court Fund Income Units Class -A-. 1,605,850 1,140,206 100%
BlackRock ICS Sterling Government Liquidity Fund
2,293		 0 0%

25

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
Accruals and deferred income		 2025
£
73,356
-
124,118
197,474		 2024
£
123,297
100
76,657
200,054
Deferred income
Deferred income at 1 September 2024
Income deferred in the year
Deferred income released from prior years

Deferred income at 31 August 2025		 2025
£
37,801
6,408
(37,801)
6,408		 2024
£
14,923
37,801
(14,923)
37,801

Deferred income represents training event income deferred until events occur after the balance sheet date.

18. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years		 2025
£
214,886
396,894
611,780		 2024
£
216,890
593,759
810,649

19. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed assets
Investments
Current assets
Current liabilities		 Unrestricted
funds
£
110,470
1,524,911
2,383,752
(197,474)
3,821,659		 Restricted
funds
£
-
-
396,093
-
396,093		 2025
Total
funds
£
110,470
1,524,911
2,779,845
(197,474)
4,217,752		 2024
Total
funds
£
144,106
1,594,207
2,674,248
(200,054)
4,212,507

26

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

20. MOVEMENT IN FUNDS

At 1 September 2024
Realised surplus / (deficit)
Transfer between funds
Accumulated Reserves at 31 August 2025		 General
Designated
Fixed
assets
Core
costs
Restricted
Total
£
£
£
£
£
2,184,984
144,106 1,594,207
289,210 4,212,507
(55,000)
(46,638)
106,883
5,245
56,294
13,002
(69,296)
2,186,278
110,470 1,524,911
396,093 4,217,752

Fixed asset investments

Fixed Asset Investments represents the designated fund put aside by the Trustees to protect the charity's ability to meet employment obligations and other essential core costs in the future for the long term sustainability of the charity.

27

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

21. MOVEMENT IN RESTRICTED FUNDS

Anonymous Development Project
Assura Community Fund
Carole & Geoffrey Lawson Foundation
Chidwick Trust
Ecclesiastical Insurance
Elliott's Footprint
Flat Iron Fund
Foundation Royal Baudouin
Garfield Weston Foundation
GlaxoSmithKline
John Coates Charitable Trust
Leeds City Council
Liverpool Clinical Commissioning Group
Majestic Wine Warehouse
National Lottery Community Fund - Birmingham
National Lottery Community Fund -Scotland
NHS Greater Glasgow and Clyde and Glasgow
Children's Hospital Charity
Other
Owls
Richard Houghton
Royal Gala Pledges
Scottish Government (CYPFEIF and ALEC
Fund)
The 2020 Challenge
The John Routledge Hunter Memorial Fund
The Julia Rausing Trust
Tudor Capital
Valero Energy Limited		 1-Sep-
2024
Incoming
resources
Resources
Expended
31-Aug-
2025
60,000
60,000
14,330
14,330
5,419
5,419
15,000
15,000
19,700
19,700
17,282
16,511
771
20,000
20,000
26,527
26,527
20,000
20,000
72,693
72,693
12,647
12,647
4,390
66,722
71,112
14,167
10,000
4,167
20,000
9,992
10,008
141,596
131,994
9,602
70,000
64,203
5,797
45,608
138,338
183,946
34,281
98,510
87,449
45,342
23,119
17,881
5,238
15,000
15,000
190,730
13,702
177,028
7,515
113,785
100,181
21,119
1,979
828
1,151
7,648
7,648
50,000
15,899
34,101
2,049
20,000
16,049
6,000
24,124
35,350
24,124
35,350
289,210
1,119,299
1,012,416
396,093

28

Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

21. MOVEMENT IN RESTRICTED FUNDS - continued

Anonymous Development Project

A grant to provide support services and organisational network development and training in the North of England.

Assura Community Fund

A grant to support the bereavement service in Cheshire.

Carole & Geoffrey Lawson Foundation

A grant to deliver bereavement awareness training to schools and to develop Refugee & Asylum Seeker Support

Chidwick Trust

A grant to support the bereavement service in the South East.

Ecclesiastical Insurance

A grant to provide helpline support to families and professionals.

Elliott's Footprint

A grant to develop resources to support parents, guardians and carers.

Flat Iron Fund

A grant to support the cost of a youth coordinator.

Foundation Royal Baudouin

A grant to support to families and develop education and training resources.

Garfield Weston Foundation

A grant to support the North Outreach Project

GlaxoSmithKline

A grant to support our West London centre, our training activities across the UK and families bereaved by homicide in Scotland.

John Coates Charitable Trust

A grant to provide bereavement support services in London.

Leeds City Council

A grant to provide a children and family bereavement service in Leeds.

Liverpool Clinical Commissioning Group

A grant to support advice and guidance to children, young people, their families and carers.

Majestic Wine Warehouse

A grant to support services in Buckinghamshire.

National Lottery Community Fund - Birmingham

A three year grant to provide a children and family bereavement service in Birmingham.

National Lottery Community Fund - Glasgow

A grant to provide bereavement support services in Glasgow for families and professionals.

NHS Greater Glasgow and Clyde and Glasgow Children's Hospital Charity

A grant to provide a bereavement support service for bereaved families and staff.

.

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

21. MOVEMENT IN RESTRICTED FUNDS - continued

Other

A fund for small grants or grant which were spent in the year that they were received, and where the donor does not require the grant to be itemised.

Owls

A partnership with the Jane Tomlinson Appeal (JTA) to provide support for families in Leeds

Richard Houghton

A grant to support the cost of a youth coordinator.

Royal Gala Pledges

Grants and donations arising from our Royal Gala to support our service provision to families and the helpline.

Scottish Government (CYPFEIF and ALEC Fund)

A grant to develop network and care pathways for child bereavement support in socially deprived areas of Scotland.

The 2020 Challenge

A donation to fund the development of a comprehensive hybrid model of virtual, telephone and face-toface support for families bereaved of children and children facing bereavement, and to further develop the Charity's Support and Information service and programme of training to support other organisations nationally and internationally.

The John Routledge Hunter Memorial Fund

A grant to provide support services in Northumberland and Tyne & Wear.

The Julia Rausing Trust

A grant to develop sudden and traumatic death specialist support.

Tudor Capital

A grant to provide support services in London

Valero Energy Limited

A grant to provide support services in London

22. RELATED PARTY DISCLOSURES

During the year £25 was reimbursed to a trustee. In 2024 £20,818 in relation event catering services were incurred from a company of which a Trustee, Therese Mayhew is a Director.

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Docusign Envelope ID: 75995C7E-4351-8326-8367-9651395A46D8

CBUK26

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

23. MEMBER'S LIABILITY

Every member of the Charity undertakes to contribute to the assets of the Charity, in the event of the same being wound up while they are a member, or within one year after they cease to be a member, such amount as may be required not exceeding £1.

24. EVENTS SINCE THE END OF THE YEAR

With the ongoing challenges posed by the economic climate, organisational agility and optimising the Charity's infrastructure will be crucial to ensuring both efficiency and effectiveness across its operations. To that end, the board announced a planned strategic merger in May 2025 with child bereavement charity Winston's Wish. This merger was completed in February 2026.

Both charities share a deep commitment to ensuring that no bereaved child, young person (up to age 25), parent or family has to face grief alone. By coming together, we are combining our expertise, resources and decades of experience to create a stronger, more impactful organisation, one that will be able to reach more grieving families across the UK with compassionate support, training and guidance.

On 16 February 2026 most of the Charity's assets transferred to Winstons Wish. This included the Charity's restricted funds which will be held by Winstons Wish for the same purposes. At that time Winstons Wish became liable for all of the Assumed Liabilities and indemnified the Charity for any liabilities. At that time the Charity's employees, and their employment contracts and rights, transferred to Winstons Wish under the provisions of the Transfer of Undertakings (Protection of Employment) Regulations 2006.

In March 2026 the Charity changed its name to CBUK 26 and Winstons Wish changed its name to Child Bereavement UK.

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