COMPANY REGISTRATION NUMBER.. 034B7590 CHARITY REGISTRATION NUMBER- 1088518 The Friars, Aylesford Company Limited by Guarantee Flnanclal Statements 31 DgGember 2025 BURGESS HODGSON AUDIT LIMI ED Chartered accountants & statutory auditor Camburgh House 27 New Dover Road Canterbury Kent CT130N The Friars, Aylesford Company Llmlt•d by Guarantoe Financial Statements Yoar ended 31 December 2025 Page Tru8tees' annual report {in¢orporallng the dlrectors. r8POrt) Independent audkows report to the members statement of financlal actSvrtles (induding income arKI expenditure account) statem8nt of financial position 10 11 statèment of cash flows 12 Notss to the financial statements 13 The Frlars, Aylesford Company Llmlted by Quarantee TTU8tO08' Annual Report IlnGorporatlng the Dlrectors, Report) fconllnrmdj Year ended 31 Decembor 2025 The trustses, who are al80 the ￿1￿CtOrS for the pwpose5 of company law, pres¢nt their report and the flnancial statements ol th8 charlty for the year Onded 31 Decambor 2025. Refer0ne0 Ind udmlnlstrntlv• d•till# Rtglst•red ¢harlty namè Charlty roglslrallon numb9r The Fri•rs, Ayl8sford 1068518 Company Nglstratlon numbèr 03487590 Prlnelpal offito and reg18tèrèd CJO Thè Fdar8 offlcg AWe8ford Kènt ME20 7BX The truste Isabèl Bodunrln Rev Mlthael Cox, O. Carm. Rev B￿d￿n Grady. O. earm. Rw Pfjtri¢k O'Kegflg, O. Cerm AflvEs•r8 totho tru¥te•t Mr Jefiatton Loulh Mr8 Jan Wllklnson Company gèeretary Mrs ClareAtJbotson Audlior Burg8￿ Hodgson Audil Llmited Chartered accountsntg & 81atuW 8udllor Camburgh House 27 Naw Dovèr Road Canterbury Kent Gt13DN Bankers Royal Bank of ScoUand plc 2-e3 Threadneedle Street London EC2R 8LA 8ollGllor• Pothecary Imthom Weld 84 Eccleston square London SW1V 1PX Slrnt9glc rgPQrt The folki￿n9 sectiorns for aeW•ments atyJ perf¢Jrmanc8 and fi1￿CIal rovw form the 81ratogic report ofthe Charity. The Friars, Aylesford Company Llmlted by Guarantee Trustees, Annual Report Ilncorporating the Dir•ctors' Report) fwntynuod) Year ended 31 December 2026 OBJECTIVESAND ACTIVITIES Alms The Friar5. Ayl95f¢xd gyists to advanc8 the Rotnan CathD1￿ failh Ihrough worship, pilgrima￿, pastor e8re. rètréats and 5t*ritual foTrriEtion. Tha charity 0159 &¢eks lo pr&seNb. malnlaln anrs rn8ko Se￿$1*)￿ the h£storic site ol Aylesford Pricyy for th8 beaefit of pilgrims, visitors and the wder communlty. Strategies. Actlvltle$ and Vlsion Thg charlty's vision is to SUBlain and ¢Jevelop The FrfaTS as a place ol prayer, wol¢ome, pSlgrlmage and comrnunily ew8gem8nl, open to all reg8rdless of f811h. back9rJJnd or means. Ils Core actlvilies Include.. Provision ofwcnhip, retreats and pastor81 mini51ry Ho8ling pilgrimages, Sthods gfKI ￿9¥niSed visltr>r groups Maifttgnance and enh8ncement ofthg Priory'$ historic IMJd(lings and wcunds Development of community and ￿￿tor faciltties. IndudltKJ the Artlsans, Yèrd and thè estauishmentola rEsidenlial young adult communlty. PubilG Bgnefit Th8 Trusleo& confimi thal thèy havo complied with duty under th8 Charit￿5 Act to ￿ve duè reo8td lo the Charlty ComnilB¥ion's guiéance on public benefit. Thè clwrtty provldo$ PUtAlc bgnellilhrough.. Adv8nclng th6 Roman Calhollc fath ProV￿1[￿j &CC8SS to worship, pllgrlmage S￿￿tual suppo Offerlng e￿￿tIonal and relreat oppDyluThllieG Preserving a heritage site oetesgble lo the public STRATEGIC REPORT Achlevemen15 anil Performance Actlvltles durlngthe year During 2025, Friars cAnlinued Its core rnlsslon as a ￿a¢a of wayer, h0spi1d￿Y and encounter. Key outeomes Indude.. 24 P￿0￿magès hoslecl. welcomlng 17.735 pllgrfms 38 5th0015 Bttended. ￿th 4,332 pupi￿ partlcipalng 1c6 organlsed gruJps- 5,929 people The lile of the Shrine, with dailyworship and pastoral ministry. ￿MaIrnd central io all a¢￿￿￿'e8. Additional developments durfng the year induded.. Investment in infrastructu￿ and visrtor faalities Conllnued development orth$ Artk8ans' Yard Ongoing Mainten8n￿ and 8nhan¢emÈnt of historic bulldings and ￿oUndS Th9 Trustee& adws and the T&laled notes. Trncluding a summ8ry of Significant aceounting policies. The financial reporting framewoik th81 has beell applied in thair prepar8tion Is appllcable law and UnKed ￿ngdorn Accounting Standards, including FRS 102 The Financial Repo￿n9 Standard appllcable In the UK and RepubliG of I￿lartd Iunited Jfjngdom Generauy Accep Accounting Practic61. In our opinion the financial statements.. glve a true and fair ￿￿W of thè 8lalÈ of th8 group and of the Charitable parant wmpany'8 aftars as a131 Dec8mber 2025 and ol ils in¢oming resourcey and applicalion ol resour￿, including Its income ond expendituro. ft)r Ihg yoar then ended,. have been propèrty prepared in accordan￿ wilh United K*igdom Generdly A¢ceptsd Acca)untsng Practice., have b?en piepar8d In accord8nce with the requi¥emery15 of the Companies Act 2ooe. Basls loroplnlon We conducted Dur audit in accordance wlh Intèrnational St8ndaTds on Audlting IUKI IISAS IUIQI and applicable law. Our respu￿$7b$lit￿5 under th052 Standards ale lurthei described ITr the audito¢5 resptsnsibilitEs for the audit ol tho financial statements section of our report. We are independent of tae Gharity in a¢wrdance wth elhi(al requiremènts that are relevant to our audit ol the finanrial 51alements in Ihe UK, Includlng Ihe FRC'6 Ethlcal Stancsard, and we have frjfilled our other ethica responsibilrties in acc£Kdan￿ wilh these ￿quIreMents. We believe that the audit evidence we have obtained is sUff￿lent and appropriate lo provide a basls f￿ our opSnlon. Conclvslons rèlatlng to golng concern In auditing the financial 5taternent5, we have conduded that the trustees, use of the g￿fig coneern b8813 of artounling In the preparallon ofthe financlal £tatgm$nls Ig apwoprl810. a$ed on the work we have performed, wo have not identified aw material utKertaintigs relating to events or conditions that, individually or collectively, may cast signifi¢ant doubt on th& charity's 8bifily lo continue as 8 gdng ￿ncern for a perlod ol at 1ga81 twglvo tnonths trom when the Inancial statements are 3uthoris8d for issue. Our responslbilill8s and Ihe re$pon$lb115118s of the tru$t88s wilh ro$pecito golng Con￿¥￿ are d95cribed in the relevant seotions of thi8 report. The Friars, Aylesford Company Limited by Guarantee Independent Audilorfs Report to the Members of The Frlars, Aylesford ftoniinv Year ended 31 December 2025 Othbr Inlomatlon Tho othei informat]on comprtses t1￿ Information Included In Ihe annual report. othor than th9 Ihancial slatemernts Dur auditor's report thtsrgon. Th8 trustee8 are re8pon8ible for th¢ other Information. Our opin5on on the finanual ststements does not rAJver the other information and, 8￿p1 to th& extont otherwi8e explicilty slated in our reporL we do not expre85 any fomi of Bssurance corKluslon thereon. In ¢onnectlon wlh our audit ol the financi81 siatemenls. our responsibility is to ro8d thè othèr Information and. in doillg so, consider whelhgr the olher informationls materI￿ty Inconslst8nt ￿th the financial slalernents or our kwwledge obtained in the audll or othepM5e appears to b& materially mlsslated. 11 w& identify 8uch rnalerlal Inconsislencles or apparont material mlsslalernents, we are required tri d&l8rmin8 whether there is a Material mlsslat&ment in the financial slalements or material mi58tatement of the olher infomiation. 11, based on the work we have performed, we corKlude Ihal there is o malerlal misstatement ol this other information. we ar? r8quired lo report that lacL We havè nothing to report in thi$ regard. Oplnlon$ on othgr mattgr5 preBcrlbed by the ¢￿panIeS A¢t 2006 In our oynlon, based on the work undertaken In th6 cours6 of Ihè audlt.. tho information gfven in the Irust08s' r8POrt for thè financial yèar for which th? financial gIAtemenls a￿ preparedlg conslstent ￿th thè financ4al Ètatements,. an th9 Iruslge¥' roport has b98n pr8par8d in acrAJrdance vAlh applicatle legal requlrernenlB. Matters on whlch w8 ore requlred to report by exceptlon In the Ilghl ol Ihe knowledge and understanding of the charity its environtnent obtaSnod in tho courso d the audrt we have not identlfied malerlal mlsstatemènts in the trustees. report. We have nothing to report Ill ré5P8Ct of th6 following malleis in r¢lalion lo which th8 Companles Act 20Cfj r¢qulres us to reportto you If, In our opinlon.. ad8quat8 accounting records h8ve not been k#pt, or returns &equate for our audit have not b88n ré(*ivèd from branch8$ nolvlsMed by us.. or the financial slalements are not in agreemenlwilh the awounting records and IEluin5'. or certaln disclogures ol Irustee$' remuneratloll 5peclfied by law are not MadÉ'. or we have not r8QelV8d 011 the Information an(J explallatlons we Tequire for our audlt. the trustè8s were not enlillod lo pi¢pate tho finanrya1 statements in accordance wllh the small cornpanies rEgime and lake advanlago ol the SMBII cnmpanies, exemptions in preparing the Irusleos. r8PfKt and from the requiremanl to preparg a Strat￿lC repcKt, The Friars, Aylesford Company Limited by Guaranteg Independent Auditorfs Report to the Members of The Frlars, Aylesford (Co￿1￿￿011) Year ended 31 December 2026 Respon$lbllltl88 of truateeg As explained mora fulty In the tiustees, r8$pMsibilii6s s18tamatht. the truste6s Ivtho are also the dlreclors for the purposes ol company lawl ale re$pon$lbl6 lor Ihe weparatlon ol the financia statements and for being satisfied that thgy glve a true and lalr vlew, and lor such Intsrnal ¢￿Ir01 as th? trustees determine 1$ n￿eSSary to onable the preparalion of financlal 8lalem&nts Ihal are free from mal8rf81 misstst8m8nt, whether dug lo fraud or eiror. In preparing the financlal statements, the Iruslees are responslble lor as5esslng the charity'8 abllity lo continue as a gowig concem. disclosrrg. ai applKabl8, matters rdaled lo gThng cor￿eM and uslng the going concem basls ol accounlirng unless the Iwstees eiiher Snlend to ￿qui￿ale th8 charrty tx to ¢ease operations, or hav& no reallsllc alternative bullo do 50. AudltoPs reSpO￿lbIlItIeS for the audltol the flnan¢lal Statements Our oblectiV85 gie lo obtain reasonablg a$sUTan￿ about whether the finanL?&l statements as a whd8 are free from rnaterid mi5stst¢ment, whether due to fraud or error. and to Issue an auditor'5 report that includes our opinEon. Rèasonable assuranc• is a high leval ol a5suTan￿. bul is not a guErantee that an audit conducted In accordanGe wifft ISAS IUKI will always dgtect a malefial mlsslatement when it exists. MI8Statements can arise from traud or err￿ and are considered malerfal if, indivKlually or in the aggregate, they could reasonably bÈ expected lo infiwrre the economSc deusSons of users taken on the basis ol these financial statements. IrFeguParftias, irtludlng Iiaud, aTe instances ol non.cOm￿lanc0 wtth laws and regulalons. We desSgn procedurès in line ￿t￿ our respon61bililleE, oulllned above, to dated maierial mt86tatemonts In rEspecl ol irregu￿aTrI10$, inclucllng Iraud. The extent lo wh5(* our procedure8 are capable of detKting irregularities, irKluding fraud is dÈtailed bel¢)w'. We hyentlfy atKJ a88ess th8 rlsks ol malerlal mlsslaiemenl of lh8 finandal statem&*s. th8th8r due lo fra￿1 or error. and then design and ￿rfOrM audit procedures responsive lo Ih08e risks, irKluding obtainlng audit evidence Ihat Is sulfiryenl and appropria19 to provid8 a basi8 for our opiniDn. In identifying and assesslThJ rlsk8 of material misstatement In respect ol i￿e9￿an￿"85, iiduding fraud and non￿ of the financial 81atsmenls requiTèS mantsgembnt to make judgements, esbmates and a5wmplw)n5 Ihat aff8cl Ihe arnounls reportèd. These estlmates and judgements are contlnualy revlewed and are based on experience and other fact(ys, In￿0￿n9 expectatlons olfuture events thai we ￿lieved to be reasonable under the arcumstances. The signlfieanl eslmat6s and ludgamenlg 8re &sUmatlng the expected useful Ilf& ol tanglble fixed assets. assessing the probabillty of the reeeipt of legacy Income, determinlng the basis lor allocating shared overhead ¢0515 belween the d)arily and $ubsidlary company. and eslimativJ future Income and expen(ffture flows lor tho purpose ol assesslng g￿ng can￿￿n. Fund aecountlng Unr8striclèd funds arè av&lablé for use at the discr81ion gf the tru¥189s lo furthér any ol thè chariVB PUIPD8e5. D85ignaled funds are unrestrided ￿ndS awmgrked by Ihè trustees for pariicJJlar future pidect or eommltm6nl. Restr￿led funds 8re subjected to restrictions on th￿r 8xpendilure dedared by the dorK)r t1￿Ugh lh¢ of an app881, and fall Into one of GU￿d8$￿ restrithd IrKome fu￿1& 8nd(ywrNgnl funds. The tsnglbl& f￿ad assets tund rspresents th9 net book valu8 ol the land and bulldings oceupl8d by th8 eharily and othei tangible fixed assets held by the charity. Such assets a￿ vital to the. charity btring able to carry iyjt ils eharilabl8 work and value invested. in thè assets Gannot. therefore, be reallsed In order to meet future exp9ThYllu￿ or Gonts"ngeneAe8. To emphast5e thls point the nel book value of the 83sel$ 1$ rÈprÈsented by a $petific I￿n￿ble fixed a8301$ fund on the balance sheet. Non charitable IraclirE lund$ compri¥e the retalned surplus or acwmulated defiul ors the a¢tivllle8 ol Ayle8ford Priory Llmlted. Incomlng Tesources AJI InGoming resourtes ara tr￿uded In the statement of Itnanclal actlvltles when entitlement has passed to the th&rty', it is probab5e Ihat Ihe economic benefits assoclated with the Iransactlon 11 fiow tts the ch￿lty and the amount can b& reliably rneasvred. The (olk)wing spealk polic￿8 are applled to partFeular calegorles of Income.. Ir￿0￿e trom donations or grants xre r8cogni5ed when there is ÈMdanc& ol 6nlttl¢ment la the gitt, rèealpl Is FKobab1e. and ils ?mount can be m6asuied reliably. In the èvént ol donalions or grants plèdgèd but not recew¢d, the aThount is attrued for wher¢ the receipt IB eon5idtr8d prrt>able. In ihe ovent that a donation or grant 15 subject to etsnditions that iequire a level of wformance before the charit8blè p8ront company ar7dloT group Is &ntitl&d to the lurKJs. the Income Is dalerred and not recognised until either thosè condllons are fully rrhet. or the fuifiment of those Gondrtions Is wholly wthln the conlfd of the charitable p?￿nI company andlor ￿0￿p aThJ rfc Is prol)able that those condlllons wlll be lulfllled In the reporting perlod. Legaoy income is r8cogThsed when r￿lpt is probable, and entlllemenl is establlshed. Entttlemenl Is taken as the eart￿r ol Ihe date Dn which eith8r'. the charity Is aware that probate ha$ been granted, Ihe estale ha$ been fina1$8d, and notification has been made by the executor to Ihe charily thal a dlstribub'on will be made, or a distribution is recoN8d from the estate. Receipt of a legaty, In whole or In pwt, is onty con$td8r8d probabl¢wh¢n Ihe amountc2n be 14 The Frlars, Aylesford Company Llmlted by Guarantee Notes to the Financial Statèments fthwJrinu•d) Year ended 31 December 2025 measured rell8bty, and Ihg charity has been nolified of the exacutorfs Intenbon to make a dislribulion, Wh8r8 18gade5 have beon notified lo the charity, Dr tha chgrity is aware ol the granting of probbt8, bui the criteria for income recognition have not been met, then the legacy is treated as & conlingtrnl asset and L115closed if material. In the event that the gift 18 In th8 form of n asstrt oth&r than cash, or a finanGlal asset traded on 8 recogni8ed stock 8xthang¢, reix>gnition Is subject to the value of tho glft being rellably meas￿able wllh a degree ol reasonable accuracy and the liue of the asset having been transferred to the ch8rfty. Income from donated goods Is measured at Ihe lalr value ol the goods unless this IÈ impraetleal to measure rellably, in whlch case the value is dersved from Ihè cost to the donor or the 8slimated re8818 v81u6. Donal¢d facililies and seNi￿S Jre recognisttd in the accounts when re￿iVed 11 the value can be rgliably measurgd. No amounts ste included for the contilbullon ol general volunte&TS. In(x)mè from contr8Cts lor the Supply ol Serv5￿ Is recognlsed with the dellvery of Ihe conlracl¢d $eryirx. This is classffied as Ljnrestricled funds unless there is a contractual requirement for il to b¢ spent a particular purpose and returned If unspent, In whith casg il may b? regarded as reslriGted. In aceordÈnceMrith tha Charltles SORP. volunteer hours are not recooni8ed. Incorne from trading activilie51s recognised lo the exlenl that il 1$ probablè Ihat thè *onomlc bEnefits flow to the company gncl the revenu8 can be rellably measuied. 11 is measured at lalr value ol tho COn5id8ralion received or receivable. excludiro di8counl$, reb8t8&, value odded tax nd other sal65 taxes. Income from charitable adNilie$, comprising in(x>mè in connectbn wllh the 5hrlne and retreats, Is recognised to thè extent Ihat11 is probab18 that the econotn5G bpnEfits wlll fiDWto the charity and the revenue Can be rÈlIa￿Y measured. Income is deferred only when lh8 charrty has to fuffil Cond￿On$ belore becomlng enol￿d to It or where the donor or funder ha5 specified that Iho ir￿Orn￿ i¥ lo be èxpended in a futurè accounting period, No separate statement of financial activitie5 ha5 beEn piesented for the charity alone. 88 permitted by s408 ol the Compsnies Act 20D6 and the GharitSes SORP FRS 102. The charity had total income in the year of £510,291 12024.. £893.1431, total expersdilure of £546.881 12024.. £540.23n. resulllng In a n¢1 loss of £36,59012024.' net Inwme of £152,906). Rgsources expended Exp8nditure is recognised on an acttuals basls ès a Ilabillty Is Incurred. Exp6ndllure Includes any VAT which cannot be fully recovered, ané is daSsif￿￿ under headings ol the slalemenl of finandal aclivltles lo whlch It relates". Expendlture on ralsiryq lurKls indud8s Ihg costs ol all fundralslng aetfrAtles, eV￿t8. non-Gharitab trading advitlas, and the sale of donated goods. Expenditure ￿ tharKable activities indutJ98 all c0818 Incurred by Ihg group In und8rtaking 8cliMtI85 that furthei its GhaiitablÈ aims for th& benefit of its baneficiaries. including those 5UPPOrt costs costs rdatlng lo the goveTnance oFtha group apporuoned to tharitable aclNth¢s. Other expenditure indude$ all expenditure that is nellher related lo raisino fvnds for the thartly nOT Pert of its gxpenditure on charitable a¢lwities. Al costs are allocated lo expendlture catagorles reflectlng the use of the resource. Dlr8cI c08t8 15 The Fn"ars, Aylesford Company Limlted by Guarantee Notes to the Flnanclal Statements (CDlIliFJu¢dl Year gndod 31 December 2025 attribvlable lo a single aclivity Rre allochted dir8Ctly to that activity. Shared rosls a￿ apportione¢l b¢tween the aclivthes fhey conlribule to on a reasonable, Iu51ifiabl8 and consistent ba813. Govemance costs comprise the costs involving the pU￿1C acuunlability of Ihe charity Ilncluding aud￿ costs) and ¢0sts in reswt lo ils complance with regulation and good prèctice. Support costs and govèrnance eosts are apporf￿d based on 8re8 0G￿l￿t￿, level ol activty and staff Ilrne as appioprial8. Certain support ¢ost8 incurred sha￿d between Ihe charfy ar¥J Ils subsidiary company. Ayle61ord Prlory Llrni18d. Thls alloc&Uon Is basod r)n occupiad, level of actlvlty and staff time. Those u)sts whleh would be In￿rred Wheth￿ or not Ayle8ford Pfiory Limlt8d existed are alk)cated 100% to the charity. Tanulblg assets Tangiblg ?S591$ ale Inltlally recorded at cost and subsèqugnlly stated al cost less 2ny accumulated depreclation 2nd Impalrment 1055es. Any tangible èssèts carried at revalued amounts are recorded al the fair value at the date of revaluation ￿$5 any Subsequent accumulated depreclatlon ané subsequent Èccumulatad Impalrment105ses. All assets costing mcye than £1,(K)O wilh an 8xpect8d usglul Ilfe exceedino one year are copilalised. No valua Is attachgd In these finandal statements lo leasehold land Dccupied by thp gTOUP and charity. The srte is ol historic importance gen&r811y ond 8pecifrc91ty to the Roman Catholic Church the prin¢ipal objeclive of the ch8rity is lo preserve th8 Sit8 for the enjoyment ol luiu generallons, As Such, Ihe asso1 tneets Ihg definS1ion of herttsg& assets In thè Charities SORP FRS 102 and 13 not v8tued for th9 purpos95 ofthese fi'nanaal statement$. Depieeiatitsrt Oepreciats'Dn is calculated so as to write off thÈ cost or valuatlon of an asset, less its re8idual value. overthe u89ful economlc lifo ofthat aS8gl a5 follows". Leasehold Improvements Plant and machinery Fixtures and equipm8nt Motor vehides 4. 10% Slraighl line 10_ 200/ts Straight line 20% straight Iln 20Y• straight line Impalrm8nt of flxod gs46ts A.reMew for indlc8tors of impairrnent 15 cathed out al each ￿portIng date, wth the recoverable amount bfrlng astlmated wh8rg such Indlcators exlst. Wheie the carrwng value exceeds tho recoveiable amount. the asset Is Imp8lred acc(wdiwly. PrtOT Impairments ar8 also ￿&wed IOT P055ibie reversal at each reporh.ng dalè. Stoeks Stocks are measured at the lower of cost and estlmated sellln9 price less costs to complete 8nd eell. Co8t indudes all costs ol purchase, costs ol conversion and other cogls ineurr8d In bilnglng the stock lo #s present bcalion and condrtion. 16 The Friars, Aylesford Company Limited by Guarantee Note8 to the Flnanclal Statements Year ended 31 December 2025 Dellned contrfbutlon plana Gontributkins to defineLI conlribuuon plgns ara r8cognlsad as an gxpenst in Ihg perlod In whkh the retsled 8ervSce Is provided. Prepald contribullons are reccgnSs•d as an assèt trj l*• èxl•nt that the p￿PaYment wll lead lo a reductlon in luiure paymenis or a cash rèfund. Flnarttial irtatrurngnts Financial lialylilies and equity instruments are dassified according to the Bubstance ol the contr8th81 srrangernents enlgred into. D¢btors ond cr¢ditc*r8 with 8laled interest rete 8nd receiv8ble ol payable wllhin one year are recordod al transaction pricè. Any losses arlslng froTn lrnpalrmenl are recognlsed In th8 profit and loss account in t)thèr 8dmini41rativÈ 8xpenseg. Loans and borrowngs are Initialty recognised al Ihe transoctlon prtc8 includw transect￿n costs. Sub8e4UgnUy, trey aro measured at grnortlsed c081 uslng the Offe￿Ve Intere81 rate melho( le88 impoirmenl. If an arran9ernenl cons1ilule8 a finance transaction ills me88ured al Present value. Dona￿on&, 9rants and legacl Unregtrloted FuThJ8 R&Btrict8d Total Fund• Totsl Funds Funds 2025 2024 Group Leg8cie8 Donalioll Grant from the Carmelite Charitable Trust 25,868 9S.705 25,868 96,705 231.252 125.185 120,000 242,573 120,000 120.000 476.437 242,673 Charltablè acti￿tI Unre8trlcted Funds RestrlctBd Tolal Funds Totsl Funds Funds 2025 2024 Group Shrine Income Car paik eonlrtbLrtions 12D.e39 4.eoo 120.639 4,eoo 95,168 3,575 125,239 125,239 98,743 Othèrtradlng actlvltle un￿l￿¢t¢d Re81rKleil Totsl Fund• T¢t81 Funds Fund8 Funds 2026 2024 Group P¥ovffjion of confarancè f8alili85, gue51 accommodation. events sate ol books, gfft6 relreshrnents Other Réntal Income 1.164.492 69.249 72,830 1.184,492 69,249 72,830 1.146,231 55,487 82,478 1,32e,572 1.326,572 1.264.194 17 The Frfar8, Aylesford Company Llmltgd by Guarantee t40ts8 to the Flnanclal Statemants fc47nthued) Year onded 31 Do¢8mbor 2025 othgr Incom• Unreslricted Fund& Re8tricted Total Funds Totd Funds Funds 202S Group 6ing8¥ ¥UPPOrt8theme 24.946 Casts of oth•r tradlng aetlvlll Unrestricted Funds R•stActed Tolal Fund8 Total Fund3 Funds Group Provislonol ccnlerence18dlthe8. gue6t accommodatk)Tr. events and s* oft￿oks. glfts and refreshments Other 1,194.876 38,358 1,233,232 1,194,878 1.117,052 38.473 44,737 1.161,789 117 117 1.233,849 Expendllur• on Upknèp ofth• Shrfn• atAyle$ford Unrestrthd Funds R•str5ctéd Tot41 Fund$ Totsl Funds Fund$ 2&26 2024 Group Dirècl costs Oiher hdire¢tstaff costs Premlse6 and fadltl86 Offfjce costs 86,214 52.664 289,992 8,092 5,004 421,986 86,213 52,864 312,742 8,092 gg,041 49,680 283,e82 42.750 4,897 448,350 42,750 464.718 10. Othèr•xpéhdltur• Unreitrktad FyThds R￿tr￿ted Total Funds T¢)tal F￿d$ Funds 2025 2024 Group &Jpportof thg ¢¥nnalitg Friars of th Aylè8ford commun 43.892 43,692 49.150 11. Taxation Th8 Friars, Aylesford 1$ 8 ro9lstw8d tharlty and, Ihèreforo, 18 not Ilablo t¢) ¢tsrporation tax of inwme lax on iwomB or g8in¥ dgrN8d frgm its ch8ritat48 SCtNilip5, 85 they lall withtn tho v¥loug exemption8 walloblBto rg9lstsr£ YDar ended 31 December 2026 19. Credltor¥: amounts falllng rlu8 wlthln one year Group 2025 Charlly 2025 2024 2024 ExporK8e t¥edltors Olher creditors Amounts du&to Cam)ellt8 Charita￿# Tru$l AccN818 and dofèrred In￿rne 28,690 34.621 3,667 78,729 27.990 3.fA7 1.031 4.311 3.667 48,È49 1,591 3,687 53.733 120.611 95.462 203.848 4,200 13.209 17,127 71.334 Income has been dèferreO where rt relote6 clearly lo future peri*￿8 andlor where the charity ha¥ not yet mel the conditions for recognlslng the Income. The moV￿entS in defe￿d income ar• onatysed below.. 2025 2024 Brought Frmrd Released in the year N¢w dg8ign8titsns 128,5481 28.fv18 17,78U 117.7801 28 548 28,$48 19,229 20. Credltors.. amounts falllng due after more than one year Oroup 2028 Group 2024 Charfiy 2025 Chartty 2024 Arnount$ du? to C8rmgltte Ch8rftabla Tru$t AcLYuds and Delerred Incom8 44,ODO 2,325 48,325 47,667 44.000 47,667 47.667 44.000 47 887 The Camielite Charitsble Tru51 loaned £55,000 lo The Frl8rs lo assi81 wlh the work8 on the Artisans, Yard project. The repayment term for this loan is 15 yoar8 with no inlvrg51. Thi¥ impli¢¥ a yoarty repayment flwre of £3.667. 21. Rostrlcted fund6 The Sncorne fvnd$ of thg chafity indude Mstricted fund$ cornprising the following unexpended balances of donauons and grants held on trusts l¢J b# appll¢d for sp8dfi¢ purpo¥&& Transfar General R88erves FUNJS At1 January 2025 Incomlng resource8 E¥pgndilur8 At31 December 2025 Group RB51orabon lund Ptaeè gard lund 184,357 (42,7501 141,807 16,055 11171 15,939 200.412 42.887 157,545 The Friars, Aylesford Company Llmlted by Guarantee Notes to the Flnanclal Statements fconilnue Year ended 31 December 2026 Re8tor&tlon fund Thi$ fvnd rgPTOsents donallDns recefved from th¢ Carmdile Chari18bl8 TIu51 for mantenan projects whlch are onty to be carried out after approval by the Trustees ol the Carmelite Char"rtabl8 Trust together wilh grants from th8 ProgramtnE of Major Works Sch6me whlch is part of the Cultural Recovery Funds towards repslrs to the roof of the chureh situated on the sile ol The Friars, Ayleslord. The tr8nsler from th8 restoration fund to unrestrKled funds represernts eli9iblè exponditure Incwied and capilali6ed duriw the year. Pea¢8 garden This knnd repTesent8 don8110￿ recgiv8d for the rxeation of a peace garden at the e￿rartts 10 thè Friar8. 22. Analy818.of charftable fund¥ Tanglble fixed asset fund Non- Charitable tradlng lund$ General lunds Reslricted fuThls Total 2026 Group Fvnd balances at 31 Dg¢embar 2025 arg repres8nted by: Tanglble fixed assets Nel curienl (liabililiesl assets Non-currenl Llaullties Total net Illabllltlfrs) assgts 743,404 218,994 {453.5181 962,398 525.135 821.1C 157.545 44.CMXI 777,108 743,404 1234,5241 157,545 1,443,633 Tangible frxed a8$el lund Non- CharitabL9 trat*'r nd5 General fuThts Restride Totsl 20 Group Fund balances at 31 De¢ember 2024 are represented by: TaroiNe fixed assets Net current Illa￿lItIes) assets Non.Current Liabilities Total net Illabllltlès} as#ots 815,317 212,189 1436,3281 1.027.506 511,066 746,984 200,412 699.317 815,317 224,141 1490,905 The Friars, Ayl8sford Company Llmltad by Guarantèe Notes to the Flnan¢lal Ststom8nts 1¢onlnts•dJ Yearended 31 Decernber 2026 fixed psset nd Gènèral fvnd6 Rgstricled I￿￿8 Totsl 2025 Charity Fund balance* at 31 DecemTrJer 2025 ore repre6ented by: Tangible fixed a38ets Inveslrnents Net cUr￿nt Illa￿lI￿o$) a53ets Non Current Liabiliti Total not Illabllltl••l assfrts 743,404 743,404 821.107 157,545 978,652 7T1.108 743,404 157.545 1,678,057 Tangible fi¥9d 088et fund Gener81 funds RÈxlrictéd fund$ 2024 Charbty Fund balan¢e8 at 31 December 2024 aro repre8ent?d by.. Tangible fL¥ed as¥ets Investments Nelcurrgnt Illabltllb¥l 815.317 815.317 7d6,984 21K),412 947.395 Non Cvrrent Li8lyliti&s Total Illabllltle•l ass•ts 899.318 815,317 200,412 1715046 23. Analysls ofGhanye• In net debl At 1 Jan 2025 Cash flow8 31 Dèc 2026 Cash at Ixnk and In hand Debl due withln one year Debt L1ue after one year 342,092 13.892) 147.88n 290,534 99,614 11,1411 3.687 441,706 15,0331 I44.l￿o) 392,673 102.139 24. Relatsd partle$ The Friars, Ayk5ford Is cgnnthd to th• C8Tmelit• Charit8bl8 Tru81 ty vlrtu• of tha lact that several of th6 Irusteèi of thè eharitable company are also Injstees of the Carmelite Charileble Tru81 Icharily Règlstr8tk)n No. 10613421. 25 The Frlars, Aylesford Company Llmlted by Guaranteg Not95 to the Financlal Statements l¢onVnwdJ Year ended 31 Dec8mber 2026 Thg trgnwAlons with th• CAmièlitè Charitabl• Trust durlng the year ere as folDw8'. The Friars, Aylèsford r8e•ivèd an unr8strtctsd grant of £120.00012024.' £120,000) and reTht of £nll12024.' £nlll from the C8rmdlt& Charliabl8 Trust At 31 Decamber 2025 Th¢ C•rmelile Ch8ritable Trust crt¥ed £979 to The F￿ar8. Ayleslord {2024'. £42,918 owad by The Frlars, Aylgslordl. The Carmdits Charitabl8 Twst also toaned £55,000 to The Friar8 to asslst with wk3 on the Artisans. Yard project In 2023. The repayment terms for loan 18 15 yearo wlth no lThtergJL Th18 implies a yeady repayment figure of £3.867. Tho Carmelite Charitable Trust holds the Ireehokl of Aylesford Prlory. No rert w81 paid ty thé charity in thè period. Durlng the peTiod the Carmellte Charltable Trust carried out varloug ims)rovement$ to the propaty os parmitted under the lease. Th93e improvemenls have been capStallsed In the accounis of the Carmelite Charitable Trust and are not induded in the a￿Ounts of the charty. H(wever, the chwsty and 118 8ub8idiary ab8orbed all Ihts general ruming costs of th8 Prlory. Th8 Camelite Charitable Trust has coThfi'rmed that it wll continvo to provid¢ ffinamal support to the group os when reqsjlred to enaNÈ il to mept ts liabiliti05 thoy f911 du& mr the sthtto medium lemi. The Charity has taken advantage oftho ox¢mption provided ty FRS 102 for tho rnquirwnent to dlsclose transadons wth118 8ubsldlary undertaklng. 26