2025-03-31-accounts

REGISTERED COMPANY NUMBER: 03250972 {EnglaDd aDd Wales) REGISTERED CHARJTY NUMBER: 1058294 FINANCIAL STATEMEP4TS FOR THE'YEAR EIYDED 31 MARCH 2025 FOR S.P.A. (PEGGY DODD) BATH Owen Limited Chartered Accountants & Business Advisors

S.P.A. (PEGGY DODD) BATH STIL4TEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2025 Chair's Report Looking back over the year theTe is a feeling within th¢ charity that a lot of good work has gone on in the different areas in wbich we are involved. The Peggy Dodd C¢ntre itself Colltinues to be a place where high standards are achieved by the conllnitted care staff, both those who are part of the salaried tearn and those who volunt¢¢r- in the latter group we have been delighted to welcome several local Sixth Forniers, who have proved to be invaluable. The cli¢Dts are very grate￿1 for the way the staff are prepared to go the extra mile, and we have received a number of appreciative comments during the year from both clients and carers. This has led to several legacies, which have proved extremely useful. AlongsidB die work &1 the Ceiitre is tbe Home Support serrice, which has been busy during the y¢2r as sitters have been ¢aring for those wliose pcrsonal circuTnstances rncan t'hat staying at horne is the most appropriate way for their needs to be managed. OUT home sitters are dedicatcd and carin& and provide excellent care as well as enabling carers to have some respite. The Dementia Café is an area of which we are justly proud. Each month those living with dementia Can receive extra support, but it is perhaps the carers who benefit the most as they are able to discus5 their needs with others, and to i¢¢eive vital support. We would like to acknowledge the support we have received from senior conunissioning staff at B&NES and HCRG over tbe year. The lo¢al Council Core contsct with HCRG for the Day Centre lasting until 31 March 2025 has been extended to 31 March 2026. which continues to give us a sound financial platforni for both the immediate aDd the longer period. I would like to take this oppOrtt￿ity to thank my fellow Tnlstees for all they Contribute. We were sad to lose Mr5 Margaret Klestadt during the year. Margaret gave many years of unstinting service to Peggy Dodd, and was particularly active in setting up our Dementia café. We have, however, been boost¢d by the arrival of Mr David Hughesdon, whose knowledge and financial acumen are already noticeable. Thanks are also due to Mr Ricky Bush, our CEO. who leads the team with enthusiasm. dedication and considerable profes5ioiial expertise. also to Mrs Katie Talbot. our Finan¢¢ Manager, whose financial kDowledge attd expertise are very considerable. as is her desire that Peggy Dodd sliould flourish. Structure, Governance, and Management Th¢ organisation is a cliaritable company limited by guaTantee. incorporated on 17 September 1996, and registered as a charity on 26 September 1996. Tlje company (which took over the work of Support for Relatives of the Mentally Infirni) was established under a MemorarAdum of Association whicb established the objects and powers and is governed under its Articles of Aswciation. In the event of the company being wound up members are required to contribute an amount not exceeding one pound. The Board of Truste¢s consists of up to fifteen tnembers wbo me¢t six times a year and administer the Charity. The Truslees are Direciors of the Company and are ¢le¢ted from amongst die members of the coinpany on an annual basis at the Annual General meeting. kniy inember of the Charity may make noniinations, and all Trustees retire each year and are eligible for re-election, without any age restriction. Currently there are seven Tn￿te¢s, mostly retired people Ibut still very active) including carers. teachers, social workers, administrators, bubiness and other professionals, providing us witb a good 5PCCtnun of experience and input. A number of Trustees have had relatives wlio were looked after at the Peggy Dodd Centre, and this provides an additional understanding of our needs. We are fortunate to have Trustees witb the professional skills necessary to overstt the administrative and fiDattcial systems. and these Tn￿te¢S ¢nsure a businesslike approach to nu￿1￿8 the charity. The Trustees are aware that wli¢D va¢ancies aris¢. they may need to broaden the range of ¢xp¢rtise available lo the Charity. The Trustees are aware of their responsibil.ities in respect of safegLwding, GDPR, other reporting issues. Page I

S.P.L (PEGGY DODD) BATH STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2025 Th¢ ckwity has been compliant with the GDPR regulations. The fllwicial statements are audited each year to eL8ure th¢ integrity of the charity. The nMnagem¢llt team in the orgatiis&tion Consists of a CEO and a f￿allce manager who ntsnage the day to day nll)ning of the cEwity and meet regularly together and with the trLlSt¢es. Trustee Inductlon and Trainlng SPA has a very stabl¢ alld loyal membership, and the majority of Truslees have been in place for th¢ past few years. All Tn￿te¢S have either relevallt professional cxperience or have been involved with the charity as carers or volunteers. The benefits of exp¢rience are balan¢¢d by cU￿ent use of legal, management and administrative exp¢rtise. The changing regulatory world means that new Trnstees should be rec￿Lted with specifIc skills, experience and knowledge. The majority of our Trustees live in Bath, and are well known in the local communities Risk a$s¢ssment We are cuNently half way through a one year bridging contract from the council, following the end of our previously extended contract in March 2025. This new contract will see us through until 31 st March 2026. We are now waiting on an update on tendering for a new 7-year contract with the council, which if successful, will see w receive a fixed amount until 2032. We are continuing lo do a review of our reserves and risk assessmenL one of our biggest risks is th¢ Cut to this fi￿ding. This is kept under close review. and our reserves are suifi¢ient for us to manage this whilst we sought grants from other third parties or moved towards a full cost recovery from clients. An annual budget is set by the Trustees with the reserves situation in Mind. The tTh￿teeS receive quarterly budget and reports with analysis for their review and consideration. Charitabl¢ Objectives The Charity was establislied to continue the work started nearly 30 years ago by Mrs Peggy Dodd to promote the relief of elderly meiirally infirnj persons and their responsible relatives and other carers, by the provision of supporting service, such as day care, home sittin& support and advice. A further objective is the promotion of knowledg¢ about and awareness of the naDJre of dem¢nria and memory loss, and the needs of patients and Carers. In fiwtherance of these objectives, the Charity fLised fi￿d5 to purcl)ase. equip, and opcrate a Day Cei)tre which is now open five days a week for 60 clients who are assessed as suffering from mild to severe dementia. The maintenance of a high-quality staiidard of service offered is our first priority. Each year the T￿SteeS review the charity's obje¢tives and a¢tivities to ensure that they continue to reflect our aims. In carrying out this review. the Tn￿tee5 have considered the Charity Commission's general guidance on public benefit. Activities for Public Benefit Tbe Peggy Dodd Centre provides a valuable public benefit by offering specialised day care services for individuals living with memory loss, including those with dementia. This support helps maintain the dI￿)Ity and quality of life for those affected while providing a safe and engaging environment tailored to their needs. The centre offers structtwed activities that promote mental stimulation, physical activity, and social interaction, whtch are all crucial in managing memory-related conditions and enhancing well-being. In addition to supporting individuals with memory loss, we play a Critical role in assisting their families and caregivers. By providing respite care, it allo￿ caregivers essential time to rest, manage personal responsibilities, or simply take a break from their demandtng roles. This service helps prevent caregiver burnouL which can l¢ad to improved mental health and r¢silience among families managing tbe challenges of memory loss care. The centre also foster5 community engagement and education around nLemory10ss and dementia. Through workshops. outreach programs, and collaborations with local organisations. we raise awareness and reduce the stigma s￿OUnd)ng memory-related conditions. These efforts help build a more infornled, compassionate community equipped to support individuals and families affected by these challenges. Page 2

S.PA. (PEGGY DODD) BATH STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2025 Lastly, the Peggy Dodd Centre contributes to public bealth by potentially reducing the demand for more intensive healthcare services. By helping individuals with memory loss maintain their independenc¢ for as long as possible, the centre can delay or reduce th¢ need for full-time residential care or hospital admissions. This not only benefits those directly involved but also helps ease pressure on public healthcare systems and social services. Achievements and Performance The Peg8y Dodd Ceutre is proud to reflect on a yeaT of significant achievetnents, continued community sUPPOrt, and growth in tiie services we provide for people living witEI dernenlia and their fan)ilies. Throughout 2024125, our dedicated team has worked tirelessly to ensuTe that our services remain high quality, accessible, and compassionate, making a real difference in the lives of those we support. Our Day Centre continu¢s to be at th¢ heart of our service, wtth 11,359 pl￿¢$ booked in 2024125. This steady demand sbows the value our clients and their families place on the stimulating, safe, and friendly environment we offer. We are also pleased to report growth in our Margaiet Fisher Room, with a IOO/o increase in ￿e, reaching 1,643 places this year. This d¢dicated space for those in the earlier stage5 of memory lo￿ has become an increasingly vital part of our offering, promoting engagernent, conversation, and joy. At home. we have delivered an impressive 3,579 hours of home SUPPOTL helping p¢ople rernain in familiar surroundings witli confidence and dignity. Whether assisting wilh daily routin¢s or providing respite for carers, this support continues to be a cornerstone of our mission. Working with Batli Community Transport. we have delivered 26,549 miles of ininibus tran5POrt, providing essential travel for those atteiiding the Day Centre and ¢nabling continued indepeiidence and connection for many. Tliis reliable transport nettvork remains a lifeline for ¢lienls and families alike, ensuring people can access care without the burden of travel challenges. On top of this, we have offered a daily taxi for those living in Keynsham and Salrford along with workiiig with Dial a ride to bring people from Midsomer Norton and PeasedowrL In our kitchen. Robbie deserves recognition, having prepared and s¢rved around 12,000 meals this year. These nutritious tneals, tailored to our clients, needs and preferences, contribute significantly to their well-b¢ing and quality of life. We're ¢specially proud of our efforts to support the flltt￿e of care work through close partnerships with local schools and Colleges, offering T Level placements and work experience opportunities. These partnerships allow young people to gain valuable, handswon insight into ¢aring professions, and have already inspired several to pursue Careers in social car¢. None of these achievements would bg possible without our amazing> caring staff team and volunteers, whose dedication, professionalis￿ and compassion remain the beating heart of the Peggy Dodd Centre. Whether delivering personal care, offering emotional support, or sharing a warn] smile, they ensure that everyone who walks through our doors feels valued, respected, and safe. As we look ah¢ad, we remain committed to evolving with the needs of our community while holding fast to the values that have shaped the Peggy Dodd Centre for d¢cades: compassion. dI￿lty, and unwavering support for people living with dementia and memory108S. The Friends of Peggy Dodd As ever, The Friends of Peggy Dodd have held events at the centre throughout the year which have involved the local community. Quizzes, plants sales, home baked cakes have Proved popular again and can we take this opportynity to thank those who have baked, supplied plants, prepared quizzes and supplied rdffle prizes. In total thi5 year, these events have raised over £10,000. An amazing achievemenL We continue to raise the PTofile of our name so that more people in Bath are aware of the work we do. We are 8ratethl to local organisations who opt to make us their 'Gharity of the year,. Also, lo those who have organised events away from the centre. raising mon¢y for Peggy Dodd. These include Various concerts by Finch MusiG, Bath ch￿lty Bowls L¢ague and a coffee morning at the Packhorse at South Stoke. Page 3

S.PA. (PEGGY DODD) BATH STIL4TEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2025 Our thanks go to all our volunteers and friends for their time and hard work so generously given. Mrs Gill Garlington as chayI of Friends has been keeping in touch with volunteers. If you would like to join the band of enthusiastic helpers, pleasc ¢ontact her via the centre on 01225 835520. Tbe need for funds continues and we are grateful to all who help or support in arty way. Financlal review This ycar our income was £828k with unrestricted incotne being £828k and restricted income bcing £Ok compared to the prior year of income of £928k (£827k unrestricted and £IOlk restricted). This is a decrease from the prior year priM￿llY due the £98k restricted grant received from Margaret Fishcr Tn￿t received last year. Our funding from tbe Core Funding (B&NES) contract represented 16 % of our total unrestricted income and was for the Day Centre service including the Margaret FisELer unit. We have bcnefitted from Ecnerous donations. including £46k from donations gifted in wills Oegacies), £26k unexpectcd donations from two tn￿tS and many given in memory of a loved one and fi￿draISed for us. Our costs for the year being £832k wtth our largest costs being staff running the day centre and our home support service5 compared to £725k in the prior year. The higher costs this year relating to having fewer staff vacancies and the rising costs of providing our service including minimum wage increase, transport and utility prices. We a150 ¢ontinu the spend on the Margar¢t Fisher grant rec¢ived in the prior year with work on the call system around the ¢entre. We have ended the y¢ar with an unexpected overall breakeven position. We are showing a unrestricted surplus of £25k which without the unexp¢¢ted receipt of the legacies and trust donations would have been a planned defi¢it. We have a planned restrict¢d deficit of £26k. of which £16k relates to the Continue spending against the Margaret Fisher grant and the balance was the transfer of depreciation cost to the Capital fLmd and revaluation of investments. In the new financial year, we are continuing to spend this Margaret Fisher grant on the new garden room. Th¢ Trustees made the decision to keep these sury)lus ullrestricted fjjnds in th¢ reserves in the year while we manage the rising costs of the organisation and the uncertainty of the Core Funding (B&NES) and ensuring client recharges are kept at a lower level. Looking fonvard to 2025126, these unrestri¢ted reserves have enabled us to approve a deficit budget which will utilise some of these unrestricted reserves, this is due to Increased stsffing costs due a fi￿er minimum wage increase and changes to Employer's National Insurance contribution, utility bills and other cost of living increases and tying to keep the rate ¢harged to clients as low as possible. Our reserves policy is reviewed regularly but the wemise beh.ind it remains the same that we want to have at least six months of expenditure and a provision to manage any rethiction in the Core Funding (B&NES). As we are still in a period of uncertainty, the trustees consider the current unrestricted reserves of £591k to be at a reasonable level when you lake into account the deficit budget in place for 2025126, the rising costs and the uncertainty around fi]ture core funding. We continue to receive many individual donatiODS. and it is heartening to know that many continue to support our work by one off donations or standing orders. We are gtatefvl for the gifts and donations that have been received or utilised from- Margarct Fisher Charitabl¢ Ttust Ken Biggs Charitable Trust Comb¢ Down Holiday Trust Melly Trust Holy Trinity Combe Down PCC Jos¢ph Matthews Trust and many other groups and individuals Page 4

S.PA. (PEGGY DODD) BATH STRATEGIC REPORT FOR THE YEAR EIYDED 31 MARCH 2025 Future plani As per l&st y¢ar. the first thing and most important in the short term is se¢uring fvndin8 for the organisation. We secured a bridging ¢ontract which will stt us through till AprAI 2026 but durin8 n￿¢ year, we will be tendcring for a new conlracl with Batii and North Easl Somersei Couneil whicli will support us to continue to offer 8 low cost and high qualily s¢rvic¢ 10 those by dcmciilia. Othcr wurcc¥ of inconK will conlinuc to be vital, this will range froin cli¢nls, fundrnising ￿¢n¢5, gran15, gifLS and business support. Since th¢ y¢ar eiid, we httve noiv completed our garden room build and we Jr¢ ready to make uso of the b¢auiiful relaxing spa¢c, SialT will be ablc io use Lhc space for sessions for ¢li¢nts, a qui¢1 space for Ih06c that n¢cd lime awoy from 3 group and most importaThtly. therapy-based scs¥ions. W¢ havc previously tried thes¢ kiith of acliviti&% wliich proved .$uccessful. so the next slep will be to deliver mow art and M￿81¢ thLYapy* working with lo¢al professionals. W¢ arc thlKJ lookiiig lo offer the,$pace to carers on a monthly basis, h) talk with staff or professionals about dementia support Ihcy niay need. away from th¢ person Ili¢y are caring for. With th¢ new 8arden room taking pridc of pluce. we hav¢ anoth¢r area of the 8ard¢n which once cleared. would make ror a lovcly spacL wlicre clients could growtr plant and b¢ at peace ivith natur& Pmrticipating in horticuliurnl ￿tIVitI¢$ also promoies pliysieDI activity in a sAfc. managcable way. Tasks such as plantin& walering. or light weeding ¢ncoitra8e moven)eni, improving Inobility, flexibility, and hand-¢ye coordination. Regular, gentle exercis¢ dirOu￿] gardening can coniribule lo b¢¢ler sl¥ep. appeiiie r¢&Ju131ioJi. overoll physical l?ealtli, while minimi£in& thc risk or rulls or SedCnury-￿1at¢d complications. Cognitiv¢ly, 8ardcning stimulat¢ momory and problem-solving skills. For cxllmpl¢, rcmcinbering thc steps involved in plantiiig or caring for a plant provides mild m¢ntal chullcnges that help mainiain coginilivc ￿n¢t10n. Familiar 8ights and smclls of plai)ts may also Lrig8er positive In¢nwries, offering a comforting sense of ¢onliiiuily and idcn(ity-particularly valuablc for people exp¢riencin&? mcmory loss, Changing perceptions of dementia and care work is an 8r¢a we have been success￿1 in. but we will cOntim￿ to extend our ofler io allow more pcoplc to Icam and gain an understanding of dementia. We have gi)od links with local schDoIs and colleges WIM) w¢ work closely with to offer regular opporwnities for young pcoplc to gain work experience. We will orr6r nwre awarene8s Lrnining sessions which are open to anyoiic to Icarn abou( demeiAIi& Approvcd by order of ih¢ board of trustces on ....... 3. | 1o.l.q￿..￿5............ and $i￿ed on its behalf by: Page 5

S.P.A. (PEGGY DODD) BATH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees who are also directors of tbe charity for the pury)oses of the Companies A¢t 2006, present their report with the fmancial statements of the charity for the year ended 31 March 2025. Th¢ trnste¢s have adopted the Provisions of Accounting and Reporting by Charities: Statement of R￿0MMended Practice applicable to charities prep￿illg their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). STRUCTURL GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing documenL a deed of trnst, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. REFERENCE AND ADMINISTBATIVE DETAILS Regtstered Company number 03250972 (England and Wales) Registered Charity number 1058294 Regist¢red office The Peggy Dodd Centrc Brierley House Summer Lan¢ Combe Down BA2 5JX Trustees L Daws D Hill F Haryison T J Dewes G Garlington M Klestadt (resigned 7.9.24) A Hodges D C Hughesdon (appointed 1.9.24) Company Secretary K Talbot Audltors PG Owen Limited Chartered Accountsnts 124 High Street Midsomer Norton Bath Avon BA3 2DA Bankers Barclays 4-5 Southgale Street Bath BAI IAQ STATEMENT OF TRUSTEES, RESPOIYSIBILITIES The trustees (who are also the dire¢tors of S.P.A. (Peggy Dodd) Bath 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 A¢counting Standards (United Kingdom Generally Accepted Accounting Practice). Page 6

S.P.A. (PEGGY DODD) BATH REPORT OF THE TRu%fEES FOR THE YEAR ENDED 31 MARCH,2025 STATEME￿ OF TRUSTEES, RESPONSIBILITIES- contlnued Company law requires the trnstees to prep8re financial statements for each fmancial year which give a tsue And fair view of the stat¢ of affairs of the charitable company of thc incoming ruources and application of resource4 including the Income and expenditure. of the charitable company for that period. In preparing those fmancial statements. the tru8tecs arc requir¢d to select suitable accounting policie5 and then apply thern co￿81Stell￿. observe the methods and principle5 in the Charity SORP. make judg¢ments' and ¢stimales that arc rcasondblc Bnd pnthL p￿pa￿ the financial 5tstements on thc going conccrn basi5 lln1￿ it is inappropriatc to p￿su1￿C that thc charitable company will continuc in busine￿. The t￿teeS are re5PI)ll5iblc for keeping proper ￿0￿nting rcconjs which disclose with reasonablc accurw at any time the financidl po8ltion of thc charitable wmpany to enablc them to cnsure that the financial statcrnents cornply with the Companies Act 2006. Thcy are also rc8ponsibl¢ for safeguarding the a8scts of the charitable company and hence for taking re&sonable steps for the prcventiott and dctection of fraud attd othcr irregularities. In 50 far a5 the trllSt￿ are aware: Ihere is no rclevant audit infonnation of vAbich the ch￿l18b1¢ cornpany's auditor5 8T¢ unaware. and Ihe trust¢¢s have thkcn all steps that th¢y ought to have taken to make themsdves aware of any relevant audit inforn)ation and to establish that the auditors arc aware of that infonnation. AUDITORS The auditor& PG Owen Lirnitcd, will be proposed for revappointment at the forthcoming Annu81 Genernl Meeting. Approved by ord¢r of the board of ttustees OD .... and $i￿¢d on its behalf by: Tnjstee Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF S.P.A. (PEGGY DODD) BATH Opinion We have audited the fin8ncial statements of S.P.A. (Pcggy Dodd) Bath (the 'charitsbL¢ compang) for th¢ year ended 31 March 20?5 which comprise the Statement of Fiiiancial Activities, the Balance Shee¢ the Cash Flow Statement and notes to the financial stalemeiits. including a s￿rMary of significant accounting policies. The fiiiancial Teporting framework that has been applied in tbeir preparatioii is applicable law and United Kingdom Accountiiig St2lldards (United Kingdom Generally Accepted Accounting Pr&cti¢e). In our opinion the financial statements: give a tnJ¢ and fair view of the state of the charitable companys affairs as at 31 March 2025 and of its incoming resources and application of resources. includilig its incom¢ ￿ld expenditure, for the year then endeiL' have beell properly prepared in aCcord￿ce witli United Kingdom Generally Accepted Accounting Prathice. and have been prepared in accordance with the requirements of tbe Companies Act 2006. B¥518 for opinion We conducted our audit in accordance with Int¢rnational 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 finan¢ial 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 requircinents. We believe that the audit eviden¢e we have obtained is 5uffi¢ient and appropriate to provide a basis for our opinion. ConclusioD$ relating to gofing concern In auditing the finan¢ial 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 worlc we have performed. we have not kdentified any material uncertainties relating to events OT Gonditions that. individually or collectively, tnay cast significant doubt on th¢ charitable company's ability to cOntin￿e as a gall1g concern for a period of at least twelve months from when the fmancial ststemeDts are authorised for issue. Our responsibilities and the responsibilitie5 of tbe trustees with respect to going concern are described in the relevant sections of this report. Other Information The tnjstees are responsible for the other infomation. The other inforniation comprises the infonnation included in the Annual ReporL other than the finan¢ial statements and our Report of th¢ Independ¢nt Auditors thereon. Our opinion on the financial staiements does not cov¢r the other infonnation and, ￿cePt to the extent otherwise explicitly stated in our repor( we do not express any forn] of assurance conclusion thereon. In connection with our audit of tlie fEnancial staicnients, our responstbiliry is to read the other inforniation and. in doing so, consider wliether the other inforniation is niaterially inconsistent Wkth the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material in¢onsisten¢ies or apparent material misstatements, we are r¢quired to deterniine whether this gives rise to a material misstatement in the financial statements themselve5. If. based on the work we have perfornied, we conclude that there is a material misstatement of this other inforniation, we are required to report that fact. We have nothing to r¢port in this regard. Opinions on other mxtters prescribed by the Companies A¢t 2006 Tn our opinion, based on the work undertaken in the cours¢ of the audit.. the infonnation given in the Strategic Report and the Report of the Trnstees for the financial year for whi¢h the financial statemei)ts are prepared is consistent with the financial statements. and the Strategic Report and th¢ Report of the Trusle¢s has been prepared in accordance with applicable legal requirements. Page 8

REPORT OF THE INDEPENDENT AiiDITORS TO TILE MEMBERS OF S.P.A. (PEGGY DODD) BATH Matters on whleb we are requlred to report by exception In the light of the l(nowledg¢ and understanding oethe charitable company and its ¢nviroJ)ment obtained in the course of the audi¢ we have not identified material misslat¢ments in the Strategic Report and the Report of the Trustees. We have nothing to report in Tespect of the following matters where the Companies Act 2006 requires us to report to you if, itt our opinion.. adequate accounting records have not been kept or rebjrns adequate for our audit have not been received from brdnches not visited by us" or tlie fitw]cial statements arc not in agreernent with the accounting records and returns; or certain disclosures of trustee5' remuneration specified by law are not tnade. or we have not received all thc information and explanatiODS we requirc for our audit. Responslbilities of trustee5 As explained more fully in the Statement of Trustees, Responsibilities, the trustees {wbo are also the directors of the charitable company for the pU￿OSe8 of company law) are responskble for the preparation of the financial statements and for being satisfied that they give a trne and fair view, and for such internal control as the t￿SteeS determine is necessary to enable the preparation of financial statements that are free from material misstaternent. whether due to fraud or error. In preparing thc financi&l statements, the trustees are responsible for assessing the charitable companys ability to continuc as a going concern, disclosing. as applicable, matter5 related to going con¢¢m and using the going conc¢rn basis of accounting unless th¢ trustees either intend to liquidate the charitable company or to cease op¢rations, or have no realistic alternative but to do so. Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF S.P.A. (PEGGY DODD) BATH Our responslbllltles for the Audlt of the fin&n¢fiAI statements Our objectives are to obtsin reasonable assurance about whether the financial statements as a wbole are fre¢ from material n)isstatem¢nt. whether due to fraud or error, and to issue a Report of the Independent Auditors th8t 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 frojn fraud or error and are considered tnaterial if, individually or in th¢ aggregate, they could reasonably b¢ expected to infiuence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregul￿]tiC8, including fraud is detailed below: Our approach to identifying and assessins the risks of material misstatement in respect of irrewlarities, including fraud and non-compliance with laws and regulations, was as follows. the engagement partner ensured that the engagement team coll¢ctively had the appropTiat¢ competence, capabilities and skills to identify or recognise non4ompliance with applicabl¢ laws and regulations. we identified the la￿ and r¢8ulations applicable to the company through discussions with directors and other managemenL and from comrner¢ial knowledge and experience of the charitable care sector.. we focused on specific laws and regulations which we considered may have a direct material effe¢t on the financial statements or the operations of tbe compaNy, including the Companies Act 2006. taxation legislation and data protection,anti-bribery. employment. environmental and health and safety legislation. we assessed the extent of compliance with the laws and regulations identified above through rnaking enquiries of manageinent and inspecting legal corrc5pondence' and identified laws and regulations were communicated within th¢ audit team regularly and the tearn remained alert to instances of non-compliance throughout the audit We assessed the suseeptibility of the charitys financial statements to material misstaten*nL including obtaining an understsnding of how fraud might occur, by. making enquiri¢s of Inanagement as to where they considered there was susceptibility to fraud, their knowledge of actual. suspected and alleged fraud; considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations'and understanding the design of the ¢harity's remuneration policies. To address the risk of fraud through management bias and ovettide of controls, we. perfornied anal)tical procedures to identify any unusual or unexpected relatiO￿hIps, tested journal entries to identify unusual transactions. assess¢d whether judgements and assumptions made in d¢tern)ining the accounting estimates were indicative of potential bias,. and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and re￿￿tions, we designed Procedures which included, but were not limited to.. agreeing financial statement disclosures to underlying supporting documentation reading the minute5 of meetings of those Gharged with governance; enquiring of management as to actual and polential litigation and claims. and reviewing correspondence with HMRC, relevant regulators and the companys legal advisors. Th¢r¢ are inherent limitations in our audit procedures described above. The more removed that law5 and regulations are from financial transactions, the less likely it is that we would become awar¢ of non-compliance. Auditing standards also limit the the audit procedures required to identify non•compliance with laws and regulations to ¢nquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate conc¢alment or collusion. A fillther description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's websit¢ at www.frc.org.u]dauditorsresponsibilities. This description fornts part of our Report of the Independent Auditors. Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF S.PA. (PEGGY DODD) BATH Use of our report This report is made solely to the charitable company's ill#mbers. as a body. in accordance wTth CbELPteF 3 of P8rt 16 of the Companie% Act 2006. Our audit work has been uuderlaken so that we mi(rbt state to the cljaritable compally's members those rnalters we are required to stste 10 Iheni 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 thall the charitable cornpany alld ttLe Ch￿It8b1e cottLpanys members as a body, for our audit worl for this report. or for tbe Opinio￿ w¢ have fomied. R N Browning BA(Hons) F FCA FAIA (Senior Statutory Auditor) for and on behalf of PG Owen Limited Chartered Accountants 124 High Str¢et Midsomer Norton Bath Avon BA3 2DA Date: .. Page 11 Owen Limited Chèrtered Accountants & Financial Advisors

S.PA (PEGGY DODD) BATH STATEMENT OF FINANCL4L ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total fimds 2024 Total Unrestricted Restricted fi￿d5 Notes INCOME AND EIYDOWMENTS FROM Donations and legacies 91,029 91,029 249,898 Charitable aetivitfies To further charitys objectives 701.365 701,365 647.838 Other trading activities 35.342 35,342 30.849 Tot81 827.736 827,736 928.585 EXPENDITURE ON Charitable activitics To further charitys objectsves 815.810 16.327 832,137 725.458 Net gains/(losses) on investments 3,398 3,398 (1,479) IYET INCOMEI{EXPENDITURE) Transfers between funds 11,926 12.767 (12,929) (12,767) (1,003) 201,648 17 Net movenjent In funds 24.693 (25,696) (1,003) 201,648 RICONCILIATION OF FUNDS Total funds brought forward 566,701 1,458,570 2,025,271 1,823,623 TOTAL FUNDS CARRIED FORWARD 591,394 1,432,874 2,024,268 2,025,271 The notes forni part of these fiDancial statenmts Page 12

S.PA (PEGGY DODD) BATH BALANCE SHEET 31 MARCH 2025 2025 Total funds 2024 Total Unrestricted Restricted Notes . FIXED A&SETS Tangible assets In￿lments 12 13 I,291.070 82.923 1,291,070 82,923 1296.062 79.525 .373.993 1,373,993 1.375.587 CUIUIENT ASSETS Debtors Inveslmcnts Cash Bt batjk and in hand 14 15 74,052 155,366 427.604 74,052 155.366 486.485 58.378 106,033 543.054 58.881 657.022 58.881 715.903 707,465 CREDITORS Amounts falling due within one year 16 (65.628) (65,628) (57,781) NET CURRENT ASSETS 591,394 58,881 650.275 649.684 TOTAL ASSETS LESS CURRENT LIABILITIES 591,394 1,431874 2,024268 2.025,271 NET ASSETS 591.394 1,432,874 2,024,268 2.025.271 FUNDS Unrestricted fundb. Restricted funds 17 591,394 1.432,874 566.701 ,458.57Q TOTAL FUNDS 2,024.268 2,025,271 Thc fin&i)¢ial stal on ..J..l.IP..Iu).L Tncnts wcre approvcd by the Board of Trust¢¢s and authoriscd for issue and were Skgned on its bchalfby= Trustee The Dotes foTm part of these financial statements Pagc 13

S.PA. (PEGGY DODD) BATH CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operating a¢tlvAties Cash generated from operations (24,776) 207,318 Net cash (used in)Iprovided by op¢rating activities (24,776) 207,318 Cash flojvs from investing actRvities Purchase of tangible fixed assets Interest received Increase in current asset investments (7,775) 25,315 (49,333) (3,011) 23,395 (3,833) Net cash (used in)Iprovided by investing activities (31,793) 16,551 Change in CAsh and c¥sh equivalents in the reportlng period Cash and cash equivalents at the beginning of the reportlng period (56,569) 223,869 543.054 319,185 Cash and cash equivalents at the end of the reportlng period 486,485 543,054 The notes fonn part of these financial statem¢nts Page 14

S.P.A. (PEGGY DODD) BATH iYOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 RECONCILL4TION OF NET (EXPENDITURE)IINCOME TO NET CASH FLOW FROM OPERATING ACTIVITiES 2025 2024 Net (expenditure)Ilneome for the reporting perfiod (as per tbe Statement of Financial A¢tlvlties) Adjustments for: Depreciation charges (Gain)Ilosses on investments Interest received (Increaseydttrease in d¢btors Increase in creditors (1,003) 201,648 12,767 (3,398) (25,3 l5} (15,674) 7,847 13.608 1,479 (23,395) 6.156 7,822 Net cash (used ill)Iprovfided by operatloDS (24,776) 207,318 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Casb flow At31.3.25 Net cash Cash 8t bank and in hand 543,054 (56,569) 486,485 543,054 {56,569) 486,485 Llquid resourees Deposits included in cash Current asset investments 106,033 49,333 155,366 106,033 49,333 155.366 Total 649,087 (7,236) 641,851 The notes forn] part of these financial statements Page 15

S.PA. {PEGGY DODD) BATH NOTES TO THE FINANc￿L STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basls of preparlng the financial statements The fllMLcial statements of the charitable company, which is a public benefit entity ullder FRS 102, hav¢ been prepared in accordance witb the Charities SORP (FRS 102) Accounting and Reporting by Charities.. Statement of Recoinmeiided Practice applicable 10 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irellnd (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'Th¢ Financial Reporting Standard appli¢able in th¢ UK and Republic of Ireland, and the Con)panies Act 2006. The fmancial ststements have been prepared wider the bistorical cost convention, with the excwtion of investments which are included at nwket value, as modified by the revaluation of certain assets. Income All incon)ing resourG¢s are included on the Statement of Financial Activities when the clwity is legally entitled to the income and the amount ¢an be quantified with re&sonable accuracy. Legacies and donations are accounted for on receipt. Grants are accounted for in the period to wbich they relate. Expenditure Liabilities are Tecognised as expenditure as soon as tbere is a legal or conslrnctive obligation con]mittin8 the charity to that expenditure, it IS Probable that a transfer of economic benefits will be required in settletnent and the amount of the obligatioii cali be measurcd reliably. Expenditure ts accounted for on an accruals basis and has b¢en classified wider headings thllt aggregate all cost i'elated to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the ￿e of resources. Tangfible fixed assets Depre¢iation is provided at the following annual rates in order to write off each asset ovet its estimated usefi life: Furni￿re & Fittings between 50/0 - 33.3 /0 on straight lin¢ basis No d¢pr¢ciation has b¢¢n provided on the cost of Brierley House as the policy of the TNst¢es is to provide depreciation only where the residual value is likely to be less than the balance sheet value. Due to the expected usefvl economic life of Brierley Ho￿e being greater than 50 years, tog¢ther with ￿ expected high residual value being obtained for the propety, the Charity does not provid¢ for depreciation on Bri¢rley House, subject to an annual impairnient review. During the course of the audit an impairnient revi¢w was perfornied by the trustees and it was consid¢red that no iinpairment has taken place during the year. Taxatlon The charity is exempt from corporation tax on ils charitable activities. Fund accounting Unrestrlcted fiulds can be used in accordance with the charitable objectives at the discr¢tion of th¢ tn￿te¢s. Restricted ￿ThdS can only be used for particular restricted purposes within the objects of the charity. Restri¢tions arise when specified by the donor or wh¢n ftmds are raised for particular restri¢ted Purposes. Further explanation of the Thatt￿e and purpose of each fund is included in the notes to the financial ststements. Fixed asset Investments In line with the Charities SORP (FRS 102) fixed asset investments represents an investment portfolio intended to be held for more than 12 montbs, to gen¢rate income and capital growth for the ¢harity. These investment5 are valued at open market valu¢ as at the ¢Dd of the accounting year with any revaluation gainlloss¢s being charged to the Statement Of Financial Activity within that accounting year. Page 16 continued...

S.P.A. (PEGGY DODD) BATH NOTES TO THE FINANCIAL STATEMENTS - condnued FOR THE YEAR ENDED 31 MARCH 2025 DONATIof4S AND LEGACIES 2025 2024 Donations received Lega¢ies 45,029 46,000 164.898 85,000 91,029 249.898 OTHER TRADING A￿1VITIEs 2025 2024 Gifts and donations Interest and dividends 10,027 25,315 7,454 23,395 35,342 30,849 INCOME FROM CHARITABLE ACTIVITIES 2025 2024 Activity Income from charitable activities To further charity's objectives To further charity's objectives 566,553 134,812 514,539 133,299 BANES 701,365 647.838 CHARITABLE ACTIVITtES COSTS Support costs (seo note 6) Direct Costs Totals To fi￿llIer charitys objectives 769,208 62,929 832.137 SUPPORT COSTS Governance costs Management Finance Totals To further charity's objectives 24,667 27,418 10,844 62,929 NET INCOMEI(EXPENDITURE) Net in¢om&l(expenditur¢) is stated after chargingl{crediting): 2025 2024 Depreciation- owned assets 12,767 13,608 Page 17 continued...

S.P.A. (PEGGY DODD) BATH NOTES TO THI FINANCIAL STATEMENTS- conthiued FOR THE YEAR ENDED 31 MARCH 2025 AUDITORS, REMUNEIL4TION 2025 2024 Fees payable to the chariws auditors for the audit of the charitys financial statements 5,520 4.256 TRUSTEES, REMUNERATION AND BENEFITS There were no trnslee5' remuneration or other benefit5 for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, exp¢n$es There were no tnjstees, expens¢s paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. io. STAFF COSTS 2025 2024 Wages and salaries So¢ial security costs Other pension costs 523,638 32,535 459.849 27,166 590,466 516,547 The averag¢ monthly number of employees during the year was as follows: 2025 14 25 2024 14 24 Full time Part time 39 38 No employees received emoluments in excess of £60,000. ii. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total fimds INCOME AND ENDOWMENTS FROM Donations and legacies 148,685 101.213 249,898 Charitable aclivltles To further charitys objectives 647,838 647.838 Other trading activities 30,849 30.849 Total 827.372 101,213 928.585 EXPENDrruRE ON Charitable a¢tivitfies To fijrther charity's objectives 715,241 10,217 725,458 Net gainsl(losses) on investments (1.479) (1,479) Pag¢ 18 continued...

S.P.A. IPEGGY DODD) BATH NOTES TO THE FITr4ANC￿L STATEMENTS - Continued FOR THE YEAR ENDED 31 MARCH 2025 ii. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fimd funds Total fimds NET INCOME Transfer$ between fund$ 112,131 18,610 89,517 (18,610) 201,648 Net moven)ent in funds 130,741 70,907 201,648 RECONCILIATiof4 OF FUNDS Total funds brougllt forward 435,960 1.387,663 1,823,623 TOTAL FUNDS CARRIED FORWARD 566,701 1.458,570 2,025271 12. TANGIBLE FIXED ASSETS Fixtures Freehold propety fittitigs Totals COST At l April 2024 Additions Disposa15 1,212,911 162,549 7,775 (1,095) 1,375,460 7,775 (1.095) At 31 Mar¢h2025 1,212,911 169,229 1,382,140 DEPRECIATION At l April 2024 Charge for year Eliminated on disposal 79,398 12,767 {1.095) 79,398 12,767 (1.095) At 31 March 2025 91,070 91,070 NET BOOK VALUE At 31 Ma￿h 2025 1.212,911 78,159 1,291,070 At 31 March 2024 1,212,911 83,151 1,296,062 13. FIXED ASSET INVESTMENTS Lisfrd investments MARKET VALUE At l April 2024 Revaluations 79,525 3,398 Al 31 March 2025 82,923 NET BOOK VALUE At 31 March 2025 82,923 At 31 March 2024 79,525 There were no investment assets outside the UK. Page 19 continued...

S.P.A. (PEGGY DODD) BATH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 13. FIXED ASSET INVESTMENTS - contlnued Cost or valuation at 31 March 2025 is represented by: Listed investtnents Valuation in 2024 Valuation in 2025 79,525 3.398 82,923 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Debtors and prepayments 74,052 58.378 15. CURRENT ASSET If4VESTMENTS 2025 2024 Unlisted investments 155,366 106,033 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors and accruals 65,628 57,781 17. MOVEMENT IN FUNDS Net movement in funits Transfers betwcen funds At 31.3.25 At 1.4.24 Unrestricted funds General fund 566.701 11,926 12,767 591,394 Restricted funds Capital fjjnd Restricted fijnd 1,375,587 82,983 3.398 (16,327) (4,992) (7,775) 1,373,993 58.881 1,458,570 (12,929) (12,767) 1,432,874 TOTAL FUNDS 2,025,271 (1,003) 2.024,268 Pag¢ 20 continued...

S.P.A. (PEGGY DODD) BATH IYOTES TO THE FINANCL4L STATEMENTS - eontinued FOR THE YEAR ENDED 31 MARCH 2025 17. MOVEMENT IN FUNDS - continued Net movement in fijnds, included in the above are as follows: Incoming resources Resources expended Gains and losses Movement in fimds Unrestricted funds General ￿nd 827,736 (815,810) 11,926 Restricted funds Capital fund Restricted fund 3,398 3,398 (16,327) (16,327) (16,327) 3,398 (12,929) TOTAL FUNDS 827,736 (832.137) 3,398 (1.003) Comparatives for movement in funds Net n￿Vern¢￿t in fjjnds Transfers between fimds At 31.3.24 At 1.4.23 Unrestricted funds General fund 435,960 112,131 18,610 566,701 Restrfieted funds Capital ￿nd Restricted fi￿d 1,387,663 (1,479) 90,996 (10,597) (8,013) 1,375,587 82,983 1,387,663 89,517 (18,610) 1,458,570 TOTAL FUNDS 1,823,623 201.648 2,025,271 Comparative net movement in funds. included in th¢ above ar¢ as follows: Incoming resources Resources expended Gains and losses Movement in funds Unrestricted lunds General fund 827,372 (715,241) 112,131 Restricted funds Capital fjjnd Restricted fund (1,479) (1,479) 90,996 101,213 (10.217) 101.213 (10,217) (1.479) 89,517 TOTAL FUNDS 928.585 (725,458) (1.479) 201.648 Page21 continued...

S.P.A. (PEGGY DODD) BATH NOTES TO THE FINANCiAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 17. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined position is as follows: Net Th￿vern¢nt in funds Transfers behvee fi]nds At 31.3.25 At 1.4.23 Unrestricted funds General fi￿d 435,960 124.057 31,377 591,394 Restricted funds Capital fund tiestricled fund 1,387,663 1,919 74,669 (15,589) (15,788) 1,373,993 58,881 1,387,663 76,588 (31.377) 1.432,874 TOTAL FUNDS 1,823,623 200.645 2,024,268 A current year 12 months and prior year 12 months combined net movem¢nt in fimds, included in the abov¢ are a5 follows: Incoming resources Resources expended Gains and losses Movement in funds Unrestri¢t¢d funds General fimd 1,655,108 (1,531.051) 124,057 Restricted funds Capital fi￿d Restri¢ted ftmd 1,919 1,919 74,669 101,213 (26.544) 101,2l3 (26,544) 1.919 76,588 TOTAL FtrNDS 1.756,321 (1,557,595) 1,919 200.645 The Capital fund represents the fixed assets based on the net book value and the value of the investments as at the financial statement dat¢. The Restricted fimd represents restricted income whiclL as at the date of the financial stat¢m¢n¢ bave not yet been expende(L 18. RELATED PARTY DISCLOSURES There were no related paty transactions for ihe year ended 31 March 2025. Page 22 ontinued...

S.P.A. (PEGGY DODD) BATH NOTES TO THE FINANCIAL STATEMENTS- eontlllued FOR YEAR ENDED 31 MARCH 2025 19. PURPOSE OF RESTRICTED RESERVES Restricted ReseTves amounting to £58,881 are being Ca￿Led forward to be spent in the year ended 31 March 2026. Tbis is made up as follows: A donation from Margaret Fisber towards a nwnber of projects including transport, garden roon4 call system and garden project. Of this donation £58,881 remains. Page 23