ComFQry registration nJmter'. 04610B39 (J*rity r8gistratk)n nUrn￿r. lo99￿2 Warren House Group At Dartington Rewrt of the Trustee6 ana thrndld3ted ￿nar￿al StatemerrtB for IhB Year Ended 31 March ￿26 WESTCOTTS ¢IIARTI*ID AC¢•VNTAII7• Warren House Group At Dartlngton Contents Refe￿nCe and AdMIn￿traI￿e Cetails Tru8teo8' Repc 2to9 lThYeFenthrrt ALKlttor8' Report 10t012 CorMlldated Statement ol Flnarnlal ActfvMe8 13 Cc￿s011￿?tsd Balance Sheet 14 Balan￿ Sheet 15 ConBolldatod Statement of Cagh FIOWB 16 Nots8 to Flnandal Slatemèrrtg 17to31 Warren House Group At Dartington Reference and Administrative Detalls Company R•gi$tratlon Number 04610B39 Charity Regislralion Mumlw 1CQ92(r2 R•olst•r•d Offl¢• R￿erVIeW Dart M1115 Estate Totnes Road Bwkf88tlelgh Oevon ErYJland TQ11 ONF Trust• R M Ekjbwn, C￿91r ol Trusts88 O C Archibald, Senk>r Ir*encbnt Dlr$¢tor Ire$iwed on 12103120251 D Dertyshire Ire81gned 5108120251 S M Gale8 J R Glover, Honorary Treasyrer P J Grlgg L IreBigrod on 19n}912￿4) M ￿*0￿Y10U L M Palronts8ch Ire81gned 2108R0251 H C Stcyjdart Audltors Westo)tt8 (SWI LLP Ptym Hou8e 3 Lontyjrldge Road Marsh Mi118 PtyrTh)ulh Devon PL6 8LT Sollcltor% BrOWr￿ JacoLson 1 Manor Court Dix's Field Exeter Dwon EX1 1UP p￿e1 Warren House Group At Dartington Trustees. Report The trustees who are aL80 directors of the chatity loi the wrp)ses of the Cunpanies AIX 20C6, Wesent their report wilh ttrE financial state￿ntS of charty lor year eTr*d 31 March 202S. The lThElees have acksFled the provi8iorn of kcounting a￿1 Reportlng by Chadtie8.' Stslemenl of RecommeThJed ￿a￿l￿e appli¢able to charf(les yeparirg thèir aco)unts in accoidarKe wilh the Financial ReFK)rtlng Standard applicable in the UK arKI RepUt￿lC of Ireland IFRS 1021 (effective 1 Jan￿ry 20191. Messay from Ruth Dobson, Chair of Trnstèes l am IMIT￿nse￿ FfOLKI of the work and Im•ct charity has achleved this year. ThÈ team tss worked with focus and commitment to SUPFOrt partrErs and conwnunib'es seNing 8ome of the most vulnerable chlkYr6n, young ￿QFIe and lanilles. Al a time of rnounting challenge arn1 prèssure on young Feople and dwing a period signilicart 8oaal, wlilitsl ar¥J lechnologbcal uptsaval and uncertainty organ18allon has mt wavered in rts locus in belter Ur￿erStandIng artl ta¢￿Ing 1 undgrlylng root drfvers that hJld chlldren and young people back Irem thrwlro. 202￿￿ may b8 characterised a$ a year of urr4rtainty and Iransib"on. A general electlon was likely toward$ the end ol the year, but was called sooner than m8rTy expected. Thls Feriod ol polllical un¢ert8lnty atKI tran811ion has been rell8ct8d in somewhat 8trfled wlioy and fundlng wntexl 6tret¢hlng resources and Increasiry o)mFelllon in the sector. We reskYJnded by focuslrp sharFty on the censidering what irnpacl and rde wè, as a charity aN impad organlsakn'on. arg t￿st F4aced to F4ay. Our prior Strate￿ perlod was comlng to an end, so we fcKu8ed on settlng OLt our new strat¥ and directiw. launched early In 2025126 We er¥Ja￿d deep wilh tme wder 8e¢tor". listening to what partrerB. young ￿FIe, lunder8 and PLIYi¢ eervic• ￿derS conwthr the most pre8Blno i8SLE8 laeirg Children and yo￿9 people today. This proce35 conff mvjd CYJ comrrMlTrrrt to rnl ju81 r•$pJndlng aTra reac*ng to Is8ue$ laclng young OF4e, bLrt lo actlvely and equitably addrees undertyirg root drivets, 8UPFX)rting inve8lmerts in 8V8ntion and eaily intetv8ntK)n, and supF(Jrh'ng efforts lo oreate 8yStems arKI co1*i￿on8 that enable all children aTrJ yourg ￿0[Ae to IhrNe In partlcular, those that are more disadvantaged and marglnali8ed. A8 you will read in thls report, this incroawrg focus ¢n syslemlc change is reflected in the partner8hipJ we are forming, ItrE work we 8re urthrtaJo'rvJ and the Imroct we arè achleving. Thls refocuslrg o16trategy arKJ ryiorllies has rerwired investmrrt In 11Th￿, as well as the creallon of rew roles to Support the deslgn and imoementalion ol our new 8trale9y. AS sucN the Trustees unanlrmLoly approved a trodesl inve81menl frtsm our reserves lo supFL)rt this shif( and will do eo the followrvJ year We are wnfident that these Investments will Fosition us well to continue lo ￿a¥ a crucial 5rnFQGt role In 8ec*or a8 new Governmnl prioritie6 and ￿MmIt[rEntS treoome more concrete. A8 ever, I'm de8pty grateful lo Its wholè team for urwaveriTrJ commfvrt aTrJ imovalwe work, Led our (*nanY¢ arKI dedicated CEO and Senior Leadarship Team - the wlN)le team has ¢*morffjlraled creakn'vty, adaFlatJlity aThJ a sustairEd commitment lo serving children, young Fwple, families ar)a rtrnrs I'm a160 gratefLJI to thè contributiorts of our ex¢eFrtioml BD2rd of Trustees and Company Directus, WI￿ hav8 den)Jnslrated integrity, JUd￿l0U5 g)vernan¢e and corrfflllment to our mi6sion. We kjok forward embraeirg opportunib.es lor irrpaci that a change in government will no doubt Ing and are In a stroro posllon lo bkjlld on our learnirvJ alx>ut to address fundamental challen9es and systemic barrier8 that ¢hlldroTh young wple and families face, at a lime rEver more r￿eded. Pa￿2 Warren House Group At Dartington Trustees. Report MÉssay• from Prof. TIM Habbs, CEO ofthe Charity 2024125 been a highly trar*forMal￿e aThY impaclful year for LL% a Charity and sector-leadiTrJ research team. As said by RLrth, it ha8 teen a year of Iran$rtion. uncertainty and utraval in wider sector. Weve witnessed a Chan￿ in Govefflmerrt, gre rHvigats"ng furK1amgntal queslKJn$ arKI pivots around relaliortship tefv4een state ard cwll society. and eKp*riencirg a fundanEntal te¢hnoSogioal shift wfch the r18e of generative Al - and all the rfsks arxl opportunities that this tfa'ros. ¢>er the 60+ years that Da[￿ngton SeTvl¢e Desi￿ Lab has existed in various for￿￿, il 1$ a ma￿r strength of ours that wewe continually evofved and adapted lo play the mst Impactful role and contrilyjtion we can lo swiety, Child￿n and youru peo￿e. Th18 year is Th) clfferent. 8uilrlirKJ on (*cad8s ol learnlrvJ and exFerieroe, we*e tsken stock and cdlab)railvely created a new and ax¢lting stratègy lo see us irto 2025r26. Wo havè c•ntr6d this 8¢warety on chSldrvJn and young Feople what they want and need lo thdve in th15 rapdly changiro works they are grcwlng up In, Our $trategy has a180 been Infor￿￿ Lty stark of IneqJ81ilie6 in outcorrEB and ex￿rIenCeS of children and young people.. trose exwr1e￿1ry Foverty, racism, exclusion or d18¢nminalion are far more like￿ to have thelr futures thwarted. We want lo change Ihl and we've focused our work this year and our new 61rate￿ on seeklng to a￿an￿ systemic charvJe'. 8NltiryJ the urKlerfying condrtiom that trnld all children and youro back from Ihlwing. We look loTh¥ard lo sharfng thls with the sector ln the cornlng year. Ao a team, we are Irrmensety proud ol the wort( and IM￿ wewe achieved Ihl8 year. You can ￿ad some examples in this rewrt, Includng to shlft the systems that affect cry1d￿n,5 dev8lopnEnt in the 8arty years, Ihelr mental health Op￿rtUnItieS for meaniroful employmert or tralnlro as they transl￿On Into earty adLAthoDd. I'rn IncredI￿Y proud of our smart, pa68ionate team whtr have 80fv8￿￿j our IhlnkirG, prad'ce and imF4d. Like many In t￿ 6e¢tor, we LMd8rtook a mocbsl team ￿$tructur& to prepare for ow new strategy, 80 a6 well aB saOng farewell lo some lor whJm we are 60 oraleful lo their contribution8, we also wethmed Sorne arnaziro ￿O[le Into r￿ roleB, Arielle Garton - our r￿W Director of Partnersh'ps and External Affairs, Megen Gordon - our new Brand a￿1 CorThnunicalions Lead, and 'aotong Zhu- our new Systèm￿ Chawe Evaluatlon Lead I remain grateful lo the suppvrt atxl clwllenge ol our excellent and commltted >)ard of Tr￿stee8 and In(Jependent Dlreclor8, hold us accountable lo the Impact we seek lo achieve lor chlldr8n and young wcpl8, Together, we look forward tr) continuing lo work wlh arKI for chlldfen and young Feotje to create mc*e equal 8o¢lety that suppjrts all chlldren young people to thrive, O*ctlv•s and ftctSvltl•s O¥￿t8 &lm8 The Warren House Group al Dartlngton IWHGI Is the ￿gistered narrE ol the charity. 11 0￿rateS trading 8uL6idiary 'Thg Dartirolon Service Design Lab. a company INo.12e13eooi limrted ty a sirole share whth the Chaiity wholty owns. Warren House Group At Dartington Trustees. Report Dartington 8•rvice Deslgn Lab: We are a reSe8￿h and aesign arm of the charity that work wllh ¢ommunf(iè8, children and yOLng re0￿e lo design thè charges they want support local leaders lo implement those changes. We evaluate the impaGI of those programmes, approaches and service8 and we iurn evidence irto actical advice to influence FX)Ilcy charYJe and investment. Work'ng through a cortsultancy model, o team of designer8, syslerns charge experts arKI researchers, del￿er iwlpact ￿th and lor chlldren and yourvJ peo￿e, empmmng thèm to unlock ttrEir Fotential lo tTrw￿e. At D8rtln9ton, we're working for 8 future where people, corTwnunltlos and SerV5￿S work together Its shar* eff6ctDI8 Systems that give all children and young peoKAe a fair chance to grow up haFFY. safe, atttrty and thrfvlrvJ. To tjo that we use thé power of evithrKe, experlerce and serv￿& to tackle Com￿8X challenges with and for chllthen and young Feople - all ol which you can read etR)Ut Mere.. www.c￿rtingt0n.org.Uk. S￿nIfIcant a¢tlvltl Be￿een April 2024 and March 2025, Dartinglw h88 led a tKoad Fvrtfollo of r&8earoh and deslgn conSLItan￿ work, working wllh 28 different clients rarging from leading philarrthrupc trusts and foundaliorts, public 8eclor leadeis, What works, c4ntre8 aThJ nalkjnal children'6 ¢harili•s. Our wuk has i￿reaS[rgty shifted In focus, from th6igrdng and evaluatiTrJ di6crele Services ar￿ Inlorvenb'ons lor ck4kJrèn aThJ families, toward5 broader systemic change efforts that 8eek to better undgrstsnd and addr98s Ihg root drivers of what hDld children back from Ihrivirg. ExamF4e8 uf work we 8WC888fully Cor￿lUded and Shaied Imw¢t arowl durlrvJ thls wrbd i￿1￿8.. - 8h*rlng T•5uIts of our •valu&tSon of LEAP - a t•n-y•ir early Yea￿ syst•ms chang• InltlAtIv•: We wt4istrEd shared results ol thls formative, developmenial and impact evaluation. Thls do¢umerrterJ conditions, activities mechani$m$ that supp)rted improveff*nl In e8rfy year8 cfN'kl oulconE8 8￿j more effective and Irnpacttul 5Oem ¢oordination in Lamtelh. Lonth)n. Alongsid8 Ouf partners at the National Children's ￿[eau, learnirp and results were shared, In collab)ration with team of locglly-tosed community reBearcher8 that wè trained, al nallonal event. Leamlng has dlrectly ¢ontrtbufed arKI fe¢ in lo the Be81 Start in Ule Thgtlonal F(Jllcy d8slgn - Our work contlnués wlth Kallo - •ddrÉsslng th• root drlv•r4 of young p•opl•'s mental h•alth and ￿*1Ib*Ing. Kailo is a £5.3m research grant from UKPRP Ihgt we lead to cTrdesign local stralegiee addre¥slng the soclal delerrnln3nls ol yourvJ peo￿e'S mentsl health wellteiro. During th18 year we have ¢JeVelo￿d aThl reflrtsd a framework lo local community and put4ic system partr£rship5 to tetter understand and a6Jres8 ItrE underlyiro dr￿er9 of young peoFAe's ￿Ental tr￿811h and wellbeing. We ￿ve dee￿t￿￿ our work In Northern Devon. buildiro ¢apabilili88 and aWr￿r$h1p of local tArtners, aThJ initiated new p3rtrErships in Camden and Hevering. we￿ pre5errted learning al two major international research ¢x>nference8, and yo(Juced a 8eries of Feer revlewe¢ academlc paters. Publlshlng flndlngs from •valu•tlon of 8K9n￿ng a Man: We conclL*Jed a kn year Sluty for the Youth End¢iwmert FuThJ to eX￿Ore irnrlementalion and feaslbilily ol a UK adaptation of a US programn* designed lo support posrtive yOLkh develoFfflenl In young men, YEF put4ished oui lirvjings, which have corrtnbuled to g commrtmenl lo fLrther scale a￿j eVal￿te lfre Impact of the prcNJram￿￿ in SoLrth London aThY beyond. Young Llvès vs Cancer - North Star strat•gy. WE al80 ￿ndUd￿d a year programme of research and deslgn wrth YoLJrg Lives vs Can￿r lo suptK)rt the design of their rew slralegy. The resèarch irwolverj in-deF*h qualtslive engJgemenis with children, youro FeoFAe and families affected awer and design and roll-out of ItE large8t child-focLEed survey of young people's cancer experbences COr￿￿ted In the UK. This work catslyÉad a cross-seclor Strate￿ alignment of UK Child cancer ¢lpriUes. togetkEr launch'ro a 'North Star, wsion for a more joined-up ecosy81em of supwrt Page 4 Warren House Group At Dartington Trustees. Report In addllbon lo cO￿l￿d.r9 projects, thi6 year a180 saw the ¢omn*ncerrert of rw exclllng partnershlps and proje¢ty Continuing wr focLts on more sy8tenG aFproaches to improve Out￿Me$ f￿ chiklren and young people. This bro1￿￿ed.. - A roadmop for th• d•volopm•nt of Traumfi-Inform•d approxhts •¢fO$S Londan: We were commis610r￿￿ t¥ the London VIDIer￿ Redudion Unrt IVRUI lo syntrEsise research. engage with young Feople and a wlder'ehampiorB wup, of proles8lonals across p)11￿, Ic¢al auth)rlty and health gy3teffts 1¢ design a shared vision for trauma-informed practicè. arKI a roadmap lor l￿W lo gel If*r During 2024125 Ihls wort< tos molillsed and is gainlng IractiDn wlthin the Mayor's Office and beyond, BBC Chlldrén In Nmd - Posltlv• R•latlonshlps: Vve've developed a partrET8hip with B8C Chlltren In Need, rK*l On￿ lo evaluate a numt*r of Ihelr larF granl.makirg and sy6tem8 chang8 inib"ativ&s, bth also to co-lead rese0￿h anQ sector engagerrent to artlculalè the ro￿ ol relatlonshiF8 in SUFPOrtiTrJ child develoF*nent and wellteing, and t*lp p)$SUon this Ironl-and¢entre of the Foundation's impaca and grant-makin9 strategy goiroJ lorward. We've worked alongside B Chil(*en in Need, a yOLng person leac*rship group and high-pyoflle expert acfvl80ry groL¥). YFF Conneded Fthurés Evaluatlon In Blackpool: Building on two y¢ars prlor adion research, we￿9 teen comm186ioned by the YoLrth Futures Foundallon (YFFI to undertake 8 major four-year evaluetion of one of Ihelr flagshlp 8y8tèmlc change pKogrgmme8 lor children and yDuro people Connected Futur88 In Biackpool. We have commerced work designing ltr* evaluation aFproach, workiru alongpide delivery partner5 Rbghl lo Succeed, Blackpjol Coun¢15 and a range ol lu¢al communjty partners. Th's wort( Is emF4oylnu t￿?1 aTrJ inrovative rarticlpatory research rnethods to evaluate a comple& systemic th9roe programm. 11 has p)tentlal to inform wI￿r 8e¢tor learnlng arKI yact¢ce. Warren House Grow) adlvltlel: In a(kJitlon to SUPFQrtlryJ the activitie8 01 Lab and asso¢iated outputs, Il* charlty also putlished 11 t4ogs sharing leamirg and insights from our work, focusing on IIEme8 such as young peo￿e'S menlal Èallh and wellt)eing, youth VOL￿ In research and design, Preverrtlon research and use ol Al In re8earch an¢ tssign. During 202ÉV25, in allgnrrErt to our charllable ot4'edives, wo havg In¢Lbgtsd and BUPty)rted the velopment and wwth of the Common Out¢onw8 lor Children and Young People CollaLK)TatW8 - a oled o*dic8led to supwting more Jolned-up and sharèd arproacM&s lo Con￿ptuallSl[va and mea8uriro chil¢ outcomes. Our charty ha6 ¥ovided organisalioryAI a￿1 OFeraliortal irfrastrucknre and SUPFOrt, 88 well as gerving on Ihelr steering COM￿￿ttee. We have ¢ontinue(I to 8trengthen our commilm8nt to equlty t1￿ 8rtl-raclsm- Indudng cornlllLrtSon of lormallserl antl-racism group, refinement of an anti-raci6m eqLIty impact a65es8rnent Irarwork, and ern￿￿c￿.ng rellectve and learnirp s¥(es across the organisation to infotm our strate9y development and Dartlnglon Servlce OeBKJn Lab corBulting activlties arK1 projects. In 2024125, we cea￿￿ aotlwligs ol cent￿ for ScLial Pollcy - that was prevbuBly hr*u8ed wlthln the wI￿n House GroLP infrastructu￿. Sinc8 1996 this Infrastructur8 has provided a rich S￿¢¢ for Lateoareef I retired policy makers. researohers arKI pr8ctrtioret8 to ggther, keep abrea61 of FX)liw and Pr￿l￿e developments, and contlnue to input thelr wisdom aThY exFeMenoe. However, the Fellowshlp hyB de￿ete￿ and the CSP no longer aligns with the 6irateg'c cl'reclion of the organisation. We remain ever grateful to contriLxrtions and gjpport over tre years from this e8leemed group. OrE other imF¥)rtant role the csp r￿k1 was a research ethics over8lght arKI review function IDr the acttvilles of Darb'nglon Service Design Lab. Given the conclusion ol CSP, within the War￿n House GIOLP have now developed aTrJ conslrtuted a new re8ear¢h elhics review fun¢lion'. L8bREC. This is chaired the Dartington servi￿ Deslgn Lab Directoi of Research and 5UPPDrt ty the withr team. 11 aligns with established of conduct and social re6earch e(￿'C8, and report8 annLHlly to the War￿n House Group LK)ard of Trustees. Page 5 Warren House Group At Dartington Trustees. Report Flnandal revlew Mèssage fiom Treasurer- Joel Glover The Group remairts immensety youd of its partnerships and delNery, whT'ch wll aws be the uTraerpnnirg for tre delwery ol our charitable aims and Ihe fourKlation of ¢¢mmercial and financial vlability. Our assessfftnt of Iradirg activity during the year ￿nCl￿1ed thot fv40 key macro-laclor8 Imuerttd firpncial delwery. an expected. bul challenging, slow down caused by eleclon aclivw and subseouert ¢harvJe to government., the wlder profourKI Issues in the m)rkets in which we operate more generally. Consistent with other busi￿sseS whith supp)rt enablement and high rformance in markets which have wnlraded abruptly, ttE Warren House Group linds itself Ihe wrveyor ol vital inslghts into delfvery aTrJ operatlonal efficiercy to Custo￿r5 who are strugglirg to maintain their own base Ferttsrman¢e and lack the atilily lo invest in the ILrture. Faced with thls 8Stuation OUT iNestment in partnef8hip wortdng. our high walty ol Inslghts, and th8 excellence of our te8m remain vrtally Important a8sets. The leadership of the organlsation, b)th Executfve and Non-ExecLrtfve, continue to ¢arefulty rMn((or Income, exFendrture, reserves. As I wrote last year, Poards 9)al has aNvays L*en to ertsure adequate financial rèserveB to ensure that we can delfver the aim$ of thè tharity through uncertalrty, complexlty and amblguty, aTrY th18 goal remains. The Board e8tabll8h bLKJg818 Bnd a strateg1¢ aFproach to linartes with the goal of a 8tea(ty Increa8e in reBeNès that reflects the growiro cost ta8e of the organiBafjon, and the need to factor In the incrèased challenge8 10 the organisallon and wlder 8e¢tor. A material contributor lo our bottom-lino P)￿l￿n 18 txovLqlon lor Fenslons. The WHG has for mber of year8 offered its staff 8 pension arrang8Trnl IhroLgh the University Superannuation scher￿ IUSSI. The lalesl actuarial evaluat￿n ol If* USS ha8 revealed a ￿ntinuir9 delicil that tr c￿?rity TllLEI recognise rt8 share of. Thls Is reflected In a Frov561on in the 2024r25 accounts of £100,691 12023124 £102.2271. Athough it reduces the free re88rve8 01 the chanty. In cash lermB. the dalictt is pa￿ over 15 year8 a$ an annual cagh contributlon lo IfE USS. The Finance ana Operations Suknmrnittee of the Pnard n*et monthly and continue8 to monitor the financial aTrJ ilsk profile of tro charty tMrowJMoLrt the year, ensuriro a slea¢y flnartlal foollng and acceptable level of flnanclal rlBk, balanced agairnt t￿ c￿￿table alm8 and obl￿t￿e9 ol charity. erall. the charity is well pla￿d lo thllver f(s ctrorltable oty'eckn'ves wtulsl also meelirg the linancial goals th? Trustees have set,. it will conlinw lo con601idale it8 p)silion in the sector aThJ achieve a rKJsitNe imp3ct lor children arQ families. In SeptemtrEr 2023, the Trustees reviewed its resewes p)Iw and concluded Ihal rt needs lo have minimum of 6 months of Ike annual fo￿¢851 extendture in unreslricled resetve wth a largel level of 9 months up lo a maximum of 15 months. At 31 Mavch 21r25 level of unre8tric*ed lunds, not already designalpQ, amounted to £904,337 12024.. £9￿.4311. The reserve levels held al the year end. WOLJld Gwrentty wver more than the minimum reserve levels required of £697k based upon a calculallon of 6 M￿thS of but￿tted operab.ng eXttTrth.tu￿. Warren House Group At Dartlngton Trustees. Report Inv•stmentpoll¢yand otyectlve8 UNeslrieted, Ul￿eSIgnated funds afe held a$ c88h in the t8nk arKI W￿re apprtyri8le morey Is F4aced on Ilmed depo8rt lo attract inlefesl. Due to the need to manage har￿ Iluctuabors in ca8h flow. rx) mory 1$ CUff8ntly placed In any other inve81menl vehicle. Thi$ is ket* ￿der regular revi￿. The Trustees Fove the F4)wer to Inv¢st ctror4Ws money not Immediately r8qLdred, for its object In any investments. se¢urities or txoperty. Inve51menl p)wers can dele￿Ie￿ to a Iinartlal exFert provided th3t the flnancial expert Is. An Indwidual who Is an authori6ed person ￿thIn thtr meaning of tl* FinarKial Services and Markets Act 20CM)', or A company or firm ol repute which i8 an aLf£horised or exempt pers(￿ within the meaning ol that Act ex￿pt eXern￿ 801ety ty virtue of Art'cle 44 an(Vor Article 45 of the Flnandal Services and Markets Act lexemptlonl order 2CH)1. 8tructur•* governan￿ Ind managenhint N•ture ofgov•rnlnq aT(xtmi•nt The charity 18 controlled ty Its goveTnSng th￿Un￿￿t, 8 d8ed ol Irusl, and conBtilutes a IlmtsLI compary. limlted ty guarantee, as defirEd ty the ComFenRB Act 2￿6. The o)vemng ¢thxUr￿nt8 of the tharflable company gre rts MemoraThlum and Artkle8 of A88oclallc•n. The Dire¢tors wtrKJ are Trustees or th8 cherity in elli￿ during the year are listed 6eFerately in the Legal and Admlnistralive Information section. In mid 2019 an indeper￿ent review ol the 9)Vema￿e the charity was undertaken ar￿ tr￿ out￿￿￿9 ￿lleCte# well on thè Organ18a￿0n. CY ltr* rnimr efflcierKy ar￿ t*8t prath'ce reo)mtrnndalion8 presented lo the &)ard, all h8ve now adopted. The TrLBtee8 meet four lirrEs 8 year ￿th addltronal meellngs telrrfJ Galle¢ as nece86ary with three Lb committees delegated to BUPPgrt Ihe charity al a more operational level If*8e ir￿lude.. Ill Flnance, (>erallon8 and Governa￿e IFCGI,. lill Strategy Bnd Impact,. and liiil Peop Sutxx)mmillee8. The day-l￿daY management ol the charlty Is thè resp)n8Sbility of the CEO. R•crttht and appolnlmwrf oftrusig•8 Durlng 2)2On5, the Tru61ee5 comvotsd a s￿116 audll to ensure the toar(I had re¢xB88ry mix of 8kills and eX￿rren￿ and to Inform recrullnwnl that would te comOele(I duriro 2025126. Two trustee re61gned dwlng th reFertlw wiod. Lynee Herdry and fBvid Architeld. ¢hadty 18 deep alelul lor their ¢ontribution durlrp ttdr tlme as Tru8lee8 each txirKJing a wealth rf exFerierKe and se¢lor knoW￿d5e and understandin9 to help shaF* the direclon of the Charty. Inductlon and lrnlnlng oltwstw l Trustees have been app)inted through a ￿ler r8cruilment yooe88 rec4wed an enhanced DBS check as well as an extensive, rigorous and oTrgoing 1ndL￿10n training Fxocess coverirvJ such matters as awarene￿ of a Tru81ee's resF¢nsltA"1rties, the oovèrnirvJ document, administratNe yocedure8, IfÈ history and philoS￿lea1 apwoach of the tharity. All Trwlees havp receNed copieB of the wev10￿ yea¢8 Ann￿1 Return re￿rt, accounts and a COFY of the Charty Comm16SIDn leallel 'Th8 Essential Trustee.. What you need lo know" Trustees are al80 offered the opport￿lty lo engage in training wrth extemal organBalions. shoukl tw wish to take this up. All Injslees Completed safeguarding IralnlrvJ. Warren House Group At Dartington Trustees. Report PayandrenWnw•t1￿ pollcy 18taff salaries and progression are [m￿emented usiru a 8alary banQiro Str￿tUre, Swrted b/ annual pErforrnance appraisal wocess. The appraisal year run8 from Jan lo Decemt*r and perforrrAnoe related progression lakes effect from the followiw April. Tf* pollcy that SUPFOrts this is revlewed annl￿llY and salary banding in¢rea$•s accounting for infiation are considered ty the goard. Majty rf•k4 and m•nwgnt ofthos• rfsk4 The TrLBlee8 have COns￿er8d the riBkB lo which chanty18 expoged and trove estaL)lish8d 8y8teff lor miligaling tr￿se ri8ks Extemal risk8 hav8 been minim18ed ty IfE adoption ol a new strat&gic plan, revlewed c¥) quarterly ba858, whlch Ind￿88 a strategy for sècuring funds Ir¢m a wide range of sources. Intèmal risks are m5nimS8ed by iMFdeMenti￿ proce¢ures foi authorlsiro transactlons. projects elc, and lo ensur? ¢on8islerrt quallty of ¢Jelivery for all op8raliorAI asFects of thè Gharty through pollcy ar￿ frarneworks. The Tr￿te88 have a rl8k-managetThnl monit￿1r0 reglme which comrxlse8'. A quarterfy review of the prlnclFel actlvttles, I￿ll/JINJ rlsks and urKertainlles that the Lab face., • An on-going ieview of Folicle8, 8yslem8 ar￿ pr￿e68e$ Lry the Senior Manapmenl Team of Lab to mth'gate IFK)se nBkB that are idenb'fied.. • The ImF4ementatton ol pyocedufes de8lgn8d to mlnlmlee or manag8 ary Fx)lentlal ￿gatIve impa¢1 on t￿ charity Bhould Identif￿d a8 rlsks mal8riali8e. Thé Prir￿1pal ri8k of Ilnanoial 8UBlainabi1Sty for the charity 18 very c10881y moThtored and reviewed the HorK)rary Trèasurer monthly, and quarterly ty all Trustees. Attention also COn￿n￿OS to focus on rfjn-l1nar￿Ial rlsks arlsing from saleguardlng, GDPR, health aThJ safety, rewrtalion, 8ecurity, confldentiallty, welfare, morale otc., which are Bupported ty rol￿81 wjlicies and pro¢edure8 as well 88 regular Blaff awareness ￿ddles. Durlro 2024125 we have contlnued to Lpdale and refresh Folicie$ lo en8we tw rAovlde effectNe supwrt and rk8k maN9gement to t￿ organi8atlon. The Charity have had duè r8gard to prirKIFe18 01 r¢comm8Thded practlce8 a8 sel otrt 'Charity Govemance Cod8. and have aFVl8d these bvheiever practicable and in deci￿on makn'ng. stat•n*nt of trust•8s' r•sponslbllttles The Irl￿tee3 (who are also the directr)rs Df Warren House Group At Dartirgton for ltre purp¥)¥e$ of cornFany lawl afg responsible for yepanng the trustees. r&pcwt the Iinan¢ial ststemenl8 In accordance ￿th apFlicable law and Unrted Kirodom Accounting SlaThJards (United Ki￿￿0M Generalw Ac¢eFted AILounting Practice), iwludiro FRS 102 'T￿ Financial RepG¥ting Standard applicable Ill the UK ard RepuLlic of Ireland,. Compary law requires th8 I￿￿tee$ to pr&Fe￿ financ4al ?lat•rrEnts lor each Ilnardal year. Under compary law trustees musl not 8pprove the linarcial slalerr*nis unless IW are sabsfied that they gNe a IrL* and falr view of the Blale of affairs of parent charrtable comparry and the group and of the incomiru ie5our¢es application ol resources, ir￿ludIrO Ils ir￿DMe eX￿ndIt￿re, of tl* charitable group for that pgriod. In yeparing Ihase IInar￿la1 stalemerts, the trustees are iequired to.. select suitable accourtirvJ polloies and apply them consistortly., otseNe the method5 and prin¢iFJes in the Charities SORP.. Pa￿8 Warren House Group At Dartington Trustees, Report make judgerrEnts arKI estimates that are reasonatle pr￿lent,. stale whether applicable accounting stsndard8. comprislng FRS 102 have t*en folkfvved, sut4.ecl lo ary material departures disclo&ed and exF4airEd in tho firBnc￿l staten*nts,' and prepare the flrrancial 6tatempnts on Ihe ￿Ing conGern tosis unless rt 1$ inappropriate to pre8umè that the parert charitable compary will contsnL* in Lusiness. The Irustses are resp)nsitde for keeF4ng yoper accourting recnrds that can ¢Jlsclose wlth reasonatrle a¢xuracy al any linE the fin9noial po8Ation of the parerrt ¢FkgrrtaUe comFony and the group 8￿j enab them to ensure ltral the financial statements comply Wbth the Companles Act 2C06. They are also reswnsitle for safeguar(ling the assets of the parent charltable company arKI th8 group ard hènce for taking reasonable 81eF6 for the wevention aThJ detection of fraud and other Irregularilles Ruppolntfflent of •udltoT In accordance wllh section 485 of the Companles Act 2006, a resolvtlon for re-arffjoinbmert ol West¢ott6 ISWI LLP 88 audltor6 of charity 18 to t4 ¥OP)88d at thè fortI￿Orn1￿J AnnLvJI General Meètlng. The annual report was aPF￿Vad ty the Injstees of the charty on by.. .J..$./..1.12r artl $lgned on ttB M Neopfytou Tru8tee Page 9 Warren House Group At Dartington Independent Auditor's Report to the Members of Warren House Group At Dartlngton Oplnlon We IKave aL#jit￿ the fi￿rn¢la1 statements ol Warr•n House Group At Dartirgton (the '¢h&illab txr8nt compatyl arKI Its sutsidiaries Ilhe'group'l for the year ern18d 31 March 2025, whlch ￿M￿lse Corwlidated Ststemenl c4 Financial Activf(ies, Consolidated Balart& Sheet, Balarte Sheet, Con8olldated Statement of Cash Flows and Note8 10 Fina￿la1 Slalements. inGluding a 8ummary ol signilicant a￿oUnt1r0 policles. The fInar￿la1 rep)rU"ng framework that has been applled In t￿1r eparalicfi is Unrted Kingdom AccountirvJ Standards, comprislng Gharilks SORP - FRS 102 'The Financial Repjrting Stsndard apFlicable In the UK and Rewblic of Ireland, and applicable law (United Kirocbm Gener81ty Accepted AccDuntsng Pract￿1. In our opinlon the ISna￿le1 Staternents. gN8 a true fair view of the 818t? of the grtyJ#B aNJ parènt charfty's affalrE os at 31 March 202S of Ils Incoming resources and appli￿tion of re60urces, incI￿￿1ng 118 In￿me and expEndilwe, lor the year then erthd., have teen prcporw prepared In aex0rda￿e with Unlted Kln9Jom Generalw Accepted PL¢ountlrg Pr8Ctlce, and havè been pretxred In 8ccordame wtth the r8qulrerrErts of the Char((￿8 Act 2011 I Companle6 AGt 2006. Ba¥ls for oplnloo) We CO￿u¢teé our audit In a(xordan¢e w(th Internallonal Standards on A￿]itIng IUKI IISAS IUKI) and apF4i¢abSe law. Our resFon8Sbilth"ee under IhoBe standards are futher ckncribed in Ihe auditor ie8ponslbilitie8 ltsr the a￿lt rf the financial stalements sectbn of our report. We are IndeFendent of tke group in accordance wlth the ethical requlrenEnts that are relevant lo our audit of the financial 8talprnnts In the UK, includlryJ the FRC'S Ethical Standard, and we have fuwilled our other ethlcal re6pon8ibiliti&s In accordaKe wrth the8e requliemerts, We tdieve that the aL*Jrt evidence w8 have obtained 18 slrfficlent and appr¢ylale lo wovlde a trAa6is for our ownion. Concluslons r•latlng to golng conc•rn In a￿￿￿]rO the fina￿181 slalements. ￿ have tt•ncI￿8d that ltte trustees use ol the ￿ng CO￿ern 4818 of aory)unttng In the preparaltsn ol the linanclaS stat8ments is appropriats. Based on the work we have wrformed. we ￿9ve not Identmed ary material u￿ertalrtieS relatlng to eventB or conL*tlons that, IrKlwidualty or C￿lectiVe￿, tThy cast signrficanl thutl on the group'B 8bllity lo continue as a goirg con￿rn for a ￿rIOd of al leaBI ￿ve months from when the origlnal finarrial 8laternentB were aulhorlsed for i8SL*. Our reBponsibllttle6 and re8wMINlrtle8 ollhe trustses wlth re6Feet te ￿1r0 cowem are descrited In If* relevant seCtior￿ of this reprKt. ¢)th•r Infomatlon The trustees are re8portslt4e for the otrer inforrrallon. The Olher informauon wmprises the InforrfBtion ir￿lUded Sn thè annual rep￿rt, other than the fina￿la1 $tst¢ments and our audrtor's report Ihereon. (Xr opnion on the finarKial ststerrerts ths not cover the other Informalon and, except lo the extent otherwise expllcllly 81aled In our rewrt. we do not eX￿eSS ary form of assur0r￿8 Gon¢lLtsion Ifkreon. Page10 Warren House Group At Dartington Independent Audltor's Report to the Members ofwarren House Group At Dartington In COn￿tIon with our a￿lt of the flrortial State￿nIS. our r6sp)nsltilty 1$ lo road the olh8r Informallon and. In doing 80, consider W￿ther the ott￿r InfOrrnat￿n is Materfal￿ ir¢onsistent with tre financial stalemnts or our knowledge obtainÈd in the audit or otherwlse apyears to te malerbalty misstated. If we identify SLrh materlal IrKortsislenGies or aFparent material mlsstaterr*rts, we are requlred to delermirE whether Ihere is a material mtsststernent in financial statements or a materwl mi8slate￿￿nI of the ot￿r inforrnalion.11. tr*sed on the work we have t*rtDrmed, we corvALNJe that there Is 8 material misslalement ol thi8 other informal￿n, we are reqLHred to refK)rt that fact. We have nothlng lo report In th19 regard. Oplnlon on oth•r matter proscrlb•d bythé Conyanlos A¢t x In our opinion, te8ed on thè work undertaken in the cour8e of Ine aLkd(('. the informallon glv8n in the arKI Trustees, ReFOrt for the finar￿￿￿1 yegr for whlch the flnancl81 statements are prepared Is coroi818nl wrth the financial Statements. and the and Tru5tees' Report have been preFered accordance wfth applIca￿e lepl requirerrorts. Matters on whlch w• are requlr•d to rèport by ￿Copl10n In the I￿h1 ol our knOw￿c￿e and urK*rstandirYJ ol the group th8 Farent ¢harrtable compgry and it8 environmwrt otxained In th• course ol the audl, we have not identlfied maleTkg1 mi881alefferrts in th8 Trustees. Rep)rt. Wo have nothing to reFrJrt in respeot ol lollowing matter8 wf*re the Companies Act 20C6 require8 UB lo rep)rt lo you M, in our opinion.. adEq￿le accountlro record8 ￿ve not been kept ty Ihg parent char￿able comFqry, u r8tum8 adeq￿le lor our audit have nol been recalved from bran¢hes not vlslled try LM,. or the parent charrtable oomparry financial 8talemerfts are not in agreement wblh the accourtlro records and retums", or certaln dlsclosures of IrLtstee8 rèrThJneration s[ec￿e￿ ty law are not mode., or we h8v• Thjt recewed all the Information and explanallons we reqLlre for Dur audil. R•sponslblllthg of trust••s AB explalned more lully tme Stalernenl of trustees, re6wnsibllits'eB, trustees are reswnsit4e for the preparabon of the flnanclal statements arwj for teing satisfied that they glve a arKJ fair view, and for s￿h internal control a8 the truste88 determine is nece8sary lo fyrnble the preKAratlon of firHncial 81aler￿ntS that are froe from material misslalemert, whether due lo Irawj or error. In proForing the lirkgnoial slaterrenls. Ihe trustees are resporBible for asses$ing the cforty's a￿lIty lo conb.nue as a going Concern, dI￿1051r¥J, as aFplicable, matters related lo golng concern and using the going co￿ern baBIS of a￿oUnt1rg unless the tru8teeB eKfEr Inte￿ lo Ilquidale the charty or to cease operab"orts, or have ro ￿all$tIC alternallve bLrt to do 80. Audllor responslbllltles for th• audit olth• flnanclal 5tatem•nts Our 014"eGti￿s are to ot*ain reasonatle assurance atoul W*￿ther the finanaal 8lalem8rts a6 a whole arè free from material mls5tatery￿nt. whether due lo fraud or ertor, to Issue an eudilor'5 report that Ir￿ludeS our oynion. ReasonaLAe assurance is a high level of assura￿e, but is not a guarantee trwt an audit condu(led in accordancè with ISAS IUKI will detect a rroterlal misstateFrÉnt when rt exists. Mi8Blatements can ari%e from fraud or error ard are consdered material if. indwidual or In the 3￿regate, they could reason3bW expected to INfl￿nCe econoffic decision6 of LJser6 tsken on Lysis of these financial state￿￿ntS. Page11 Warten House Group At Dartinglon Independent Auditor's Report to the Members of Warren House Group At Dartington Irrègularities, including fraud, are InStan￿S of noTF¢omFAiance wlih laws and regulations. We de61gn ocedures in line with our re8fK)nwbllilles, wtlin8J above, lo detèd tvHterial mi5sta1g￿￿nt5 in resFe¢t of irregularitles, induding fraud. The exlent to wN¢h our pro¢edure8 are capable of tstectlr irregularrtie$. In¢ludirg fraud Is detalled L*low'. We ottsin an understanding of laws and regulatiorB gPF4ipble to Ime cotrpary Ihroug#i di8cwion with managemen( and those charged with goverrence. Thèsè laws and rewlatlon8 which were Gonsidered to have a material effect on the finanoal statements or operations of the omyany were identilled including following, Compani86 Act 2CKE, Employment Law, Health and Safety Act, Data Proledon Act & Charits'es 2011. We otlaln an understanding of the enllltys ￿lICIeS woc*dure for a8yesslro fraud ri8k ond idgntrfyirg actual or alleged fraud by mahiryJ enquines with mana￿MentS and those charg8d wrth governan￿ a￿j revlewlng supKnrtirg corresFX)nden¢& with relevant aL*fw)rilies and advisors. We otlaln an uncèrstsncllng of the effetheress of Ifrt entrties control enMronm8nt ty testSrYJ ol management override of controls. which inclLKJes but not limited to,. lesttro of journal enlrio8, rerfiew of aBsumptions and judgements made in accourting eslirrole, revlewing trartsactStsn$ occurrbng uut8lde tho normal 6cope ol tAslne88. The ute ol quallfled ar￿ exFerierttd staff n￿M￿r8 lo ensure the aL*Jil team Is ¢ompdsed ol orly comFelent and eapabla member8 who are able lo recognlse and documnt any Irtstan￿B of ncn*complianrk. A further deBcrlption of our reBpJn8lbl1rtie8 18 avallaile on FSnarKlal Rep)rtlng cour￿11,8 webdte al.. www.Irc.org.ukJaudltorsre$portsitililles. This d8scriF*ion forms part of our a￿￿or'S reFOrt Us• of our r•port This rep)rt 18 rnade 8dely lo IhB thari18blg ￿rent DJmpanV8 tru8te86, as a L￿, In oecord8nce with ChaFler 3 of Part 16 of the Corrpaniets Act 20Ce. Our aLKlil work h88 been undertaken 80 that we mlght Slate lo the group's trustees Ihoee matters we are requlfftd lo state to them In an audTtor's reF(>rt orKJ for m other purpose. To the lullesl extent Femitted L¥ law, we cl) not accept or assume responslbility to anyono tsthèr than the c*aritable parent Corn￿ny and It8 tru8tee8 86 a kxKJy, lor o audit work, lor thi8 reFOrt, or for the opinlone we have formed. Adam CrorEy ACA (Senlor Statutory Audllorl For and on tÉhaif of Weslcotts (SW LLP Ptym Ho￿e 3 Longbridge Roa¢J Marsh Mills Ptymoulh Devon PLe 8LT Dale.. Page 12 Warren House Group At Dartington Consolidated Statement ol Flnanclal Activities lor the Year Ended 31 March 2026 (Including Consolidated Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestrlctsd funds Totsl Totol 2024 In¢om• and End0￿￿O￿ts fron Donations arKI ￿gaG18& ChHrltabl• actlvltbes Research aTrJ DBveltJpment IrNe8trr£rt Incorr other Ir￿Me 54.839 54.839 2,973 1,523,718 22,274 915 1,523,718 22.274 915 1,806,170 16,291 Totsl Irwrn8 1,601,746 1 601 746 1,825 434 Exp•ndltur• on: CharilBt4e pJotwille8 1,687 840 1687 840 2 Q09,235 Total exFendture Net ?xp8ndllur8 R•conclllatlon of fund$ 1687 840 1687 840 186,C841 186,0941 1183,8011 Totsl fun(l$ broLEht lo￿ard Total fuTrJ8 cariled forward 990 431 1174232 17 904,337 4,337 990,431 All of group's act￿ltIeS derive from ¢ontlnulTrJ OFeraliow durfTrJ tha above Iwo period8. The furvJs breakdown lor 2024 18 shown In wte 17. The notes on Ffj￿s 17 to 31 form an irrtegral part Oft￿Se fInar￿la1 statewents. Page13 Warren House Group At Dartington (Registration number: 04610839 Consolidated Balance Sheet as at 31 March 2026 25 Flx•d ass4ts Tangible assets Currnnt ass•ts OebtorB Cash at b8rk aThJ In ￿nd 10 11,985 15,046 566,923 640,919 1,409,521 1,357,864 Cr•dltor5: Amounts falllng du• wlthln on• y•4r Nat curr•nt tts•ts 416278 993,243 1077,612 Total 8s50ts léss eurr•nt Ilftbllltt•s 1,005,228 100 891 1.0￿2,658 102 22 Provlslons 16 Not asstts 9￿ 431 Funds of th• qroup: Unr•strfct•d Incom• funds Unie8tr*led furKJ6 904 337 990 431 Total funds 17 904 337 990 431 The Ilnan¢ial slat8mènt8 on FegeB 13 10 31 were approved W th8 trufjtee8, and authorl88d for18gue on . 1.4./1.1.7. C arKI slgned on their tehaK by.. Neoph Trustee The mtes on Fages 17 tu 31 foFm an integial ofthes8 financial State￿Ents. e14 Warren House Group At Dartington (Reglslratlon number: 046108391 Balance Sheet as at 31 March 2026 Note FIx4d o$s•ts Tongible assets lrwè8t￿rts 10 1,79] 4,427 1.751 4.428 CuTh•nt as5•ts Debtors Cash at bank and in ￿nd 722,165 919,685 476 145 t.411,￿3 192,241 1,395,830 153360 Cradltors: Amounts falllng due wlthln on• year M•t curr•nt ass•ts 1 219682 1 242 470 Total *ss•ts l•ss curr•nt Ilabllltl•s 1.221,433 100851 1,246,898 102 227 Provlslons 15 Mot •ss•ts 1 144 671 Funds of th• ch•rlly. Unrestrlrted Sn¢om•funds Unr88tdcted lund8 1 144671 Total funds 17 1144 671 The financial 8lalewert8 on page8 13 to 31 were aFproved ty thg Irufjte￿, auttrL)rt8ed for168ue on ,.l.l/.i./ir and 8lgned on their tshalf by.. MNeo TfU6tee Ttr￿ notes on pa￿& 17 10 31 form an irrtegral of these fInar￿la1 91atemerts. Page15 Warren House Group At Dartlngton Consolldated Stalement of Cash Flows for the Year Ended 31 March 2025 2024 Not8 Cash flow* from op•rating adtvitie5 Nel cash exFRnditwe 186,094) 11&3,801) Adlustm•nts lo cash flov43 from non-ca5h Itwns Depreciallon IrMestn*nt InttJm8 13.301 15,547 195,C671 1184,5451 Worklng ¢apltsl adlustmMrt• Decrease in detlor3 Increa8e in credthrs Decrea8e In wovl8Sor Net cash Ilows from OFerallrg aolwllle C•sh flow4 from Investlng a¢tlvlil•s Interest receivable arKI similar income Purcko8e of larvJStk fixed assets Sale ol langitle fixed a86et8 Nel cash flows from IrNe8tirG act￿￿¢$ Nel inuea8elld&crea8el in cB8h caBh equlvalent8 Cash anQ cash eqLdvalents al 1 Wl Ca8h and caBh eqLlYalents al 31 March 12 13 15 73.996 136,026 98,082 37,652 1.334 113619 50,145 22,274 111,1601 920 16,291 14,3431 10 11,948 125,653 716945 138,1971 755142 842 598 All of the ¢J8h are tsrlved from ¢1)nUn￿ng operBlSorffj dudng the atove Fer￿d￿. Thg fKJtes on Fages 17 10 31 f¢)rm an integral Fert ol these financial slaten*nts. Page16 Warren House Group At Dartlngton Notes to the Flnancial Stalements for the Year Ended 31 March 2028 1 Accounting pollcl•s 8tat•m•nt of compll8nc• The finar￿la1 stalemenis of the charitable compary, which Ya a publle entty Ljnder FRS 102, trove teen prepared In accordance with the Cbarftie8 SORP IFRS 1021 'AccounlSro and Reportirg ty Chariti8s'. Ststement of Recommencled praCt￿e applicable lo charttips preparlng thèir accounts in a(￿rdance with tro Finar￿181 Reporting Stanthrd aFpll¢able in UK an(J Rewknlic of Irelend IFRS 1021 leffeclive 1 January 20191., Fina￿la1 Standard 102 The Flnancial Reportirg Standard aP￿icable in UK and Reputrdic of Ireland IhB Companlos Act 2(K 81$1$ of preparalton The finer￿la1 statements have txen yeparècl under the hiStOr￿al c0810)rNenlon, with the &xceptbn of Snveslmerrts which are irtluded al market value. Tf* charty con81ilutes a pufAic k￿￿èTrI entity as dall￿d ty FRS 102. The IrwleeB ¢on6ider that there are no material uncertainbe8 aLK)ut lh& charitys ability to cOntir￿ a8 a goirg concem. There are no material Ur￿ertalntIe￿ aff8Ct the current years 8¢xwnt6. Incom• •ndg*rynont All income 16 reCogni￿d In the S¢alem&nt cl Finanaal ActNilies orKe the charity has entilleffjent to the fund8, rt 18 pyobable that the income wll te recewed aThJ t￿ amount can be measured reliably. SeNice corrtracts are recLyJnised based Dn the stage of com￿et10n, whSch 18 measured ty the amcwl 018taff hJur8 Wt agai￿1 that contract, Income from the wovi8ion of 8eTvSceB ￿ stated aftsr trade d18counts, other 8èle8 laxe6 and r*1 of VAT. Don•tlon8 •ndlog•cl Le￿CleS are accounted lor as income either upon r8C&iPt or where the receipt of leg¥ 18 ryob8bb. on be rellaw meawred and all condillons atta¢hed lo the18g0￿ have been fU￿111ed. Gfanls, ¢lonalions aTrJ Inv8slmnl Ore reccgnised when receIvab￿. whe￿ such amounts have terms or CorKI￿Or￿ which mLSt t* met lor specrfic aclivrties. the relevant Incorre Is ￿1 recognised In the year t￿1 deferred anrj $tK)wn on the èalance sheet wrthln Currert liaLililw. Exp•ndltur• Llabilities are ￿¢¢￿nised as exFenditure 08 Soon a8 the￿ 18 8 legal Qr ¢onBlruthve obllgalon commrttirvJ the charity lo that exFendilure. r( 18 probable that a Iransler ol economic benelits will be reqLMred in settlement a￿j the amount of the obligation can be Measu￿ reliably. EKpendilure Is ccounted for on an accruals basis and has tEen classfled under hèadings that aggregate all cost related to the category. whe￿ costs cannDt t* drectly attribLrted to Part￿VIar headirvJs Ihey have teen allocated lo activities on a tesis con8iSterrt with use of resources. Ch•rftabl• acfvlll•¥ Charita￿e eX￿ndItUre comprfses of resea￿h, devebpment and dissemination actiwty. Page17 Warren House Group At Dartington Notes to Ihe Flnanclal Statements for the Year Ended 31 March 2020 Support ¢osts Cos13 comprise direct è)tpènditwe irrtlLdirp direLt stsff costs attrfbulable to adivity. Staff costs aTe allocated in accordance to lime SFent on projects. Admini81ratSon arKJ management costs are allLKaled in the saffl8way. Other IX)Sts are allocated in propotb'on tD inU)rrt gerErated by ltr* actwity. SuFVOrt costs are those funcliorB that as8161 the work of thè charity bjl do ml direclty undertake charilatje a¢tivitiès. Governar￿e o)sls InvO￿lr￿j the puUic awour*atrx'lty of tke charty and its compliarKe wllh regulallon arKI wod y8dice. These costs Imlude costs related 10 8tatutory examinatlons and lagal fees together with an apFOrtionment ol overhead and SUPFQrt costs. These CO81$ are irLluded wrthin charitabl@ adivities w￿n relevBnt. Tanglbl• flx•d Ass•ts Fixed a$s8ts are only Gaw'lalised wton the value ex¢eeds £1,OOD. The cornpany apF4ies a sh)rt lrfe Il¢y of 3 years straight Ilrn. D•prncl*Ion Flxed assets are held al hlslorfc c051 less a¢¢umulated depreclalbn. Dev￿latIOn 18 provld&J al the following annLMI rates in order to write off each asset over rts estimated uselLA life, Asset class Flxturès and flttlrgs Comwter equipment Depr•clatbon method and r•1• 20% on Str&lgN lino % on straIg￿ line Taxatlon The charty Is exeryl from GorpJrallon lax on 11$ oharltaYe gcllvlNe8. Fund structur• Unrestricted funds can te ￿e￿ In accordar￿ wllh the charitable o¥ethes at th8 dl8cretbn or the trustee8, The charity has de%lgnated certaln fwd8 for SFeclfic purpose althoLoh there 16 no legal force lof the signat'orB. Rgstricled funds can onty te Lrned for partlcular restrfcled purpJ888 within the objects of the ¢harty. Restri¢lion8 ari8e when 8Fec￿led by the dorvJr or wf*n funds are raised for par￿CU￿r reslricted rp08e8. Further explanatkjn of the naturè and wrp)8e of each fund 18 Inclucled In t￿ not88 to the flnanclal statement8. relgn •xch•ng• Assets ar￿ liabilities in lorewn currencies are Irar6lated into steilirvJ al the rates of ex¢konge rTJlirg al the balawe skeet date. Transections in lor8ign c￿￿rrer￿leS are Irandaled ir*0 sterllng at the rale of excharvJe ruling at date of Irartsaction. Exchange differe￿eS are tsken into pJcBvunt in arriving al the op>rating re8Urt. Page 18 Warren House Group At Dartlngton Notes to the Flnancial Statements for the Year Ended 31 March 2026 Penslons 4nd oth•r post retirement obllgatlons The charftaL￿è conyany OFerales a delined contribution pÈrtsion scheme. ConlritrAJtiin8 payable lo the charitable ¢omF8ry$ pertsion sCtr￿Me are Charged to the StaleThnt of Financial AGtivifje8 In the ritxl lo whi¢h they relatè. FRS 102 makes the dlslSncllon iEtween a gfOUP plan and a mLthti•mployer scheme. A group plan eonsisls Df a cdlection of entilies common conirol typically with a sporsodng employer. A mulli-employer 8cherrE is a 8Gheme lor entitles not under Gornmon wntrol and rep￿$*ntS ItyFicallyl an induslry-wlde Scheme SLKh as Universitie6 Superannlollon Schén*. The accoLntirg lor a mulliemployer SGherne wtr￿re the emKAwr has entered into an 8greemenl wllh the scherrE that determines how the e￿￿0Yer will fu￿ a 4èfiLYl results in the rec(wJnilknn ol a lia￿.1￿ for the contritlthions FOYab￿ ttral ari8e Irom agreernenl (to the exlenl that they relate lo the delicm) and reSu￿*ng expense In prol(t ￿10￿5 In aC￿r￿anCe wilh 6ection 28 of FRS 102. The tr￿ee8 are sali81ied Ihat Univer811ies Superannuallon Schen* meets the d8finllion of a muf(S-empIo￿r &C￿m• and ha8 I￿refore rp(x)gnlsed the dlsc£sunted lalr value of contraclLHI contrityJtlons under th8 recovery F4an in exi*ence 01 tho dale of appyoviro ltre financlal 8lalemert8. The Charity participates In Unlversides Superannuation Schen*. The scheme is a hybrid Fenslon 8chenw, providlng delined tenellls (for 811 memtersl, as well as deff ned ￿ntrib￿lOn benefits. The assets of the scheme are held In a 8eparatg trusloe-admini81ered fund. 2¢¢a￿tr ol the mutual rolure of the sehen*, the asset8 are not attribLJtèd to Individual in8tstullon8 ar￿ a soheff￿-w1de contrlt*LrtI)n rale 18 eel. Thg Charity is Ihefelore exp08ed to actuaiial [￿kS a860clated wllh other in8111uli¢rB' employees and is unable lo identify its share ol the underlying a88elB and Iiabilrties of the scherne on cvnsislerrt and rea8onable basi8. A8 requlred by Section 28 01 FRS 102 Empbyee benefits" the ¢forty ther•fore a¢coLmts for the scherrE as rf il were a wholly delirEd contriL￿tiOn sche￿¢. A6 a re8uI( Ihe amount ch8roed lo t1￿ profil and loss a¢￿Unt resxe8enls the Ix>ntfiWlions payable lo the scfieme. SI￿9 the in6tilution has entered Into an agreement (the Recovery Plan) that determines how each emFJoyer wilhln the scherne will lur* the overall deficf(, the charity re￿gnISeS a Ilabllity for the contrlNrtion6 payable that arise from ttte agreem8nt (to the extent that they re￿te to the cèfioitl and I1￿refOre an expertse Ss recognised. The charltys lobl lialSIIty uThJer the recovery ￿aft has t*&n wogniged in accourt6 al 11$ we8ent valL*. Contributions towarJs this plan conllnLE lo te made on a monthly t¢$ls the accounts wlll reg)wi8e the urwiTraing of the felevant discoL￿1 provision. Page19 Warren House Group At Dartington Noles to the Financial Statements for the Year Ended 31 March 2020 Financlal instruments Thè tnjst tsnly has finèncial assèts and finanrAal liabilities of a kind that qualfy as tesic fi'nar￿1al In8trumerts. Ba8￿ flnartlal Instruments are inrtlalty re0)gn￿9￿ al IrarEadlon value and sut6equent measured al ItrHr 8ettlemert value. Cr•dltors and Provbslons Creditor6 and provi$lon8 are re¢ow18ed wtrtre the charity ha8 a pre8enl OtAlga￿On re8ultlrwJ from a Fdst evert that will Frobably result in tre tra￿le( of funds lo a third Ferty aTrJ the amunt due to Bett1• the otrAigation can ￿e measured or e8timated rdiabty. Credltors and are nonnally recognised al Ihelr setNeThnl amourt. 2 Incom• from donDtlon5 and l•gacles Totsl 2025 Total 2024 C￿n&t1)n6 54,839 2,973 a Incom• from ¢harltAbl• •cllvltl Total X126 Total Research Development 1523718 1806,170 Included In grants rec8wed are fdlcN4lng a￿Urt8 fecefved frc*n Governmnt aThJ other AuU)onlles'. Lab bWII 195,440 9,409 Page 20 Warren House Group At Dartington Notes to the Financial Statements for the Year Ended 31 March 2026 4 Inv•stm•nt incom• Totsl 2025 Total 2024 Deptssll account Interest S Oth•T Incom• Totsl Total 2W24 Irmme on dS8P)8al of flxed as88t8 915 915 • Exp•ndltur• on ch•rltabl• actlvltl•s Total 2026 Total Re8eor¢h Ind Development 1687 840 2 009 235 7 Not Incomlrffjloutqo¥Sng r•*ourus Net loutg0lrvJlAr￿Ornlng ￿SOurceS for the year Ir￿lUde.. 25 Audrt fee8 L085 on Sale cl targSble fixed assets held lor charfV$ own use CeP￿tI￿￿on Accountlng 11,060 19151 13,299 8513 10,503 15.547 8 Tru$t••s r¢mun•ratlon •nd •xp•ns8s No trustees, nor ary Fer8on& connected wrth fvm, have recelved any reMunera￿On from th8 group duMr¥J y8ar or preceding year. No trwlees, nor 8ny person connected with them. have teen reimbur8ed for expen89 ty th9 groLP charity durirwJ ltr￿ year or weceding ypar. Page 21 Warren House Group At Dartington Notes to the Flnanclal Statements for the Year Ended 31 March 2026 g Staff costs The aggregate payroll ¢osts wore as follows.. staff costs durlnu the wgrg: Wages a￿1 salaries Social secLth c05t8 Pension co8t8 1,269,898 94,198 74,374 1,072,8CpJ 112,3 91 159 1 276 315 The monthly average numter of person8 (Ir￿lUdIng senior mjnagemerrt I leadershlp leaml em Joyed group during the year exFYe88ed as full tlm8 equivalents was a5 follows.. 2028 No 23 No 23 Ilonthty average r#Jmter ol per8oM •mF4oyed The n￿￿ter of employe99 wh08e emoluments fell wmln th? tdlcwlng bandB wa8.. 2025 No £60,W1 . £70,0)J £70,Cnl - £80,COJ £80,W1- £90,CO) £90,LN)1 . £100,(xo £1Cn,(X)1 - £110,C Pag9 22 WaTren House Group At Dartlngton Notes to the Financial Statements for the Year Ended 31 March 2026 10 Tanglble fIX￿ assets Group Fixtur￿ and Flttlngs Comput•r equlpmant Totsl Cost 1 Aprll 2024 Addrtlons D￿F0$al8 5,263 52.718 11,160 27 097 57.9B1 11.160 28 017 920 At 31 March 2025 4343 411124 l)•pr•clatlon At 1 Aprll 2024 Charge lor the year Ellminaled on dispoea18 Al 31 March 2025 37,672 13,3)1 26,177 42,935 13,301 920 24,7 N•t book ¥alu• At 31 Marth 2025 At 31 Marc* 2024 15046 15046 Chrlty Flxtur•s and Flttlngs Comp4rt•r •qulpm•nt Totftl Cosl At 1 AprS12ry24 018PJ8al At 31 March 2025 5,263 16,46S 8,387 21,729 6079 D•pr•clatlon At 1 Aprll 2024 Charge for t￿ year Eliminated on disposa18 At 31 March 2025 12,039 2,677 8,387 17,302 2,677 6329 N•t book va￿0 At 31 March 2U25 1,750 4,427 Al 31 March 2024 e23 Warren House Group At Dartington Notes to the Financial Statements for the Year Ended 31 March 2025 11 Flx•d Ns$ot Inv•stm?nts Chwlty 8h•rés In group undertjklngs and pDrtICl￿ng Intsrests Shar•s In group und•rtaklngs Mark•t vAIu• M•t book value t 31 Klareh 2025 At 31 March 2024 There were no InveSt￿￿nt &88ets OLrt&"de tts LK. 12 D•btors Group Charlly Trade debtors trom group untsrt8￿ng6 Prepayments aThJ JccrL*d Income 249,048 238,824 631,350 817,474 317875 095 102,211 722,165 Group dettors Ir￿l￿e8 £Nil12024". £Nill reoeivat4e after mre Ihan year. Charity debtors Indudg8 £219,14512024'. £551,528) reCe￿ab￿ artel more than one year. Group Chartty 2025 OL￿ from group un(JetsklnL 219 145 551528 Page 24 Warren House Group At Dartington Notes to the Financial Siaternents lor the Year Ended 31 March 2025 13 Cr•dltor$: ￿n￿unts falllng du• wlthln on• y Group 2025 Charfty Trade cr0d￿0r8 VAT Other taxalbn aThJ Social eecurity A￿rual6 and d8f8rred Irtt$￿ 0￿er credllor8 38.886 60,717 24,725 61,222 12.441 8n,717 1,175 85,103 25,291 288.004 3,&37 167,372 23,296 280 252 3,507 115,576 3.637 64.073 828 416279 153 3eo 14 Obllgatlon% under loasK and hlr• purcha1• ¢ontracts Total future mSnlmum leaEe Fayments ur¥J8r non 1209,5821 Gr055 profit AdmlniBlr8lNe expenses Oparatlng Ilossypront Interest payable and sinllar ex[￿n588 {Lossyprofft before tax Tax on Ilossllprofil {Lossyprofft for th• flnanclRI y￿r Page 30 Warren House Group At Dartington Notes lo the Financial Slalements for the Year Ended 31 March 2026 Assets and IlablllU•s of th• $ubstdlary 2024 Flxad assats Tangible assats 10,234 10,619 Curr•nt ass•ts Det4ors Cash at bank In hand 476,108 152,840 628,948 562,589 240,8￿) 803,389 Gredltors Amount1811ing due wttNn ono year N•t ¢uff•rt Ass•ts 1636,2321 141e,7191 17284) 381.870 Total a¥￿ts I￿$ ¢urr•nt Ilabillt]•s 1950 397,289 Credllors Amount falllro after mc