Charity Registration No. 1103520
Company Reglstratlon No. 4993720 (England and Wales)
THE BEVERN TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
BUSINESS
ADVISORS
& AQCOUNTAMTS
One Bell Lane
Lewes
East Sussex
BN7 IJU

THE BEVERN TRUST
CONTENTS
Page
Company information
Trustees. report
Statement of trustees, responsibilities
Independent auditor's report
10-13
Statement of financial activities
14-15
Balance sheet
16
Statement of cash flows
17
Notes to the financial statements
18-33

THE BEVERN TRUST
COMPANY INFORMATION
Truste8S
B Adamson
P Frost
N Houston
S S¢hueler
P Muni5y
J Main
Secretary
N Houston
Patron
N Kaplinsky OBE
Charity numb8r
1103520
Company number
4993720
Ragistered office
Bevern View
The Willows
Barcombe
East Sussex
BN8 5FJ
Auditor
TC Group
One Bell Lane
Lewes
East Sussex
BN7 1JU
Bankers
CAF Bank Ltd
PO Box 289
25 Kings Hill Avenue
West Malling
Kent
ME19 4TA

THE BEVERN TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements forthe year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charitable company's Memorandum and Articles of Association, the
Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effective 1 January 20191"
Objectives and activities
Our charity's purposes as set out in the company's memorandum of association are..
The relief of persons with learning. physical, mental or other form of disability by the provision of residential
homes. holiday facilities and medical care
The advancement of education of the persons who reside at Bevern View
The promotion of and supporting research into the causes of leaming difficultiesldisabilf(y', their needs and
the support of such people (and the publication of the useful results of the same).
The aims of our charity are to support young adults with multiple disabililies and complex needs by the provision of
residential, education, health care and therapies. We review our aims, objectives and activities each year and
produce a slrategic plan with goals that are used to assess our performance. The process looks at the success of
each activity and the benefits they bring to the people we are set up to support. The review also hdps ensure our
aims, objectives and activities remain focused on our stated purpose.
How our activities deliver public benefit
Our main activities and those who we help are described below. All our charitable activities focus on the support of
people wilh complex needslprofound disabilities and their families and are undertaken to further our charitable
purposes for the public benefit.
The Trustees have paid due regard lo guidance issued by the Charity Commission in deciding which activities the
charity should undertake.
Who used and benefited from our services?
Our aims focus on services specifically for local people. The rationale for the service is that it should enable young
people with complex needs to remain close to their homes and families, so that they continue to be p7rt of their
family and local Community with visits to home and relatives able to be closely involved in Bevern Mew. Funding is
determined by the provision available from local authorities and Continuing Healthcare, who have a responsibility to
assess needs and lo allocate resources accordingly. We give pnority to adults from the local area (within 20 miles),
who qualify for funding for residential placements, based on an assessment of their needs. This ensures that access
to Ihe service is therefore not determined by the income of families_
Equal access to our services is an important issue for us. We have developed a structured approach for determining
priorities for offering places when they become available. This is based on the level of need and cunpatibility with
other residents in the home. We are aware that demand for places always exceeds our capacity to supply a service
but we are committed to retain a homely environment in which each individual knows they are of immeasurable
worth.
The trust continues to access and create continuing education for residents. As provision of contnuing education for
people with profound and multiple disabilities has reduced, we have increased our own provision. We employ two
specialist activity staff who develop education, activities and communications support for on-site delivery.
We also have a dedicated healthcare team, who work alongside the support staff, ensuring that our residents, and
those looking after them, are kept safe, kept informed and enabled to lead full and rewarding lives.

THE BEVERN TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trust continues to offer specialist hydrotherapy for residents in its own purpose-built pool. We also offer the use
of the hydrotherapy pool to support other people in the local community.
Funding for social care remains a national and local issue, but we have continued to obtain significant funding
packages for our residents, to ensure the high quality of our care and support.
The Vision
It is our vision to be an inclusive and equal society, where people are released from expectations others have about
disability. We want to enable people with profound disabilities to lead full and rewarding lives as part of their family
and community. Our values are".
Commitment (love)
Care (care)
We offer a home for life for our residents and offer support for their families
We ensure our residents receive high quality care and support which is person-
centred, reflecting their needs and wishes. We uphold our residents. dignity, privacy,
and human rights.
We support our residents to maximise their choice, control, and independence
We are committed to operating as a community and committed to being a
responsible part of the local communities around us.
Choice (freedom)
Community
The Bevern Trust has a strong commitment to building relationships with other disability charities and sharing
expertise wherever possible. It is our vision to be able to one day support more local families who have an adult with
a disability who needs a home or a place to go, an activty to be part of or simply a community with which they can
engage.
Achievements and perforniance
1. Digital Transformation & Systems Improvement
Identified the need to upgrade our medication management system to ensure better integration with care
planning and improve usability-
Next step.. Implement a more user-friendly and compatible medication system in 2025r26.
As part of this transition, we have also recognised the need to partner with a pharmacy provider that is
better equipped to operate within a modem digital infrastructure.
Aim.. Seamless integration wilh our upgraded systems to ensure safe, efficient, and transparent medication
n7anagement.
Successfully applied for £1,800 funding from the DSCR team to support the successful implementation of a
new digital care planning system (Nourish).
Objective.. Enhance Iransparency. improve care understanding, and ensu￿ people feel infom7ed and
supported in their care and advocacy.
2. Workforce Development & Training
Record uptake from staff on the Level 3 Diploma in Lead Adult Care.
st￿ngthened partnership with an accredited training provider, delivering monthly bespoke in-house
workshops.
One staff member completed the Level 5 Leader in Adult ca￿ qualification, with another enrolled and a
third anticipated next year.
A key addition this year was the new Communication Coordinator training, delivered to all support staff
thanks to funding from No Fear Bridge.

THE BEVERN TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
This programme recognised the vital role staff play in fostering a positive and engaging environment and aimed to
build confidence in empathic, tailored, and effective communicalion. The training introduced Intensive Interaction
techniques, helping staff establish deeper, more meaningful connections with residents
particularly those with
profound and multiple learning disabilities
thereby promoting a more inclusive, understanding, and supportive
care culture.
We were also able to enrol staff in Care Coordinator training, designed to empower them to plan and deliver
meaningful, person-centred activities. This training ensures that each resident's individual preferences and
interests are reflected in daily life, reinforcing our commitment to high-quality. personalised care experien￿S.
3. Health & Wellbeing Support & Systems
No Fear Bridge funding, contributed to=
Specialist communication training for staff.. equipping them with tools to understand non-verbal
communication, increase engagement, and support person-centred care.
Ongoing weekly music therapy sessions for residents, led by a trained Iherapist. offering emotional
expressiori, connection, and sensory stimulation.
Positive outcomes.. Increased staff confidence and improved resident rappart. Families have also
expressed appreciation for the lasting impact on wellbeing.
We are deeply grateful to No Fear Bridge for enabling this vital and meaningfvl work.
A significant health outcome this year was achieved by our specialist clinical team. whose work in prevenlalive
care has led to measurable improvements for one of our residents with complex respiratory needs.
Through the introduction of proactive health protocols
including chest management. postural drainage,
chest physiotherapy, and wider staff training
this individual. who previously required annual respiratory
clinic reviews, has now been told they will not need another review for three years.
This remarkable outcome demonstrates not only the clinical skill of our team but also the effectiveness of
embedding preventative practices across the whole support staff group, enabling earlier identification and
intervention before health issues become acute.
In addition, we have had a year free from formal complaints or concems, reflecting the consistent quality of
care, strong communication, and deep trust between our staff, residents, and families.
4. Sustainability & Environmental Commitmenl
Achieved full replacement of communal lighting wrth energy-efficient altematives.
Collaborated with a local community energy organisation to explore opportunities to reduce energy
demand and support local decarbonisation efforts_
5. Fundraising & CapFtal Appeal
Launched a targeted capital fundraising campaign (Space to Thrive) following consultalion with
Trustees, families, and staff. As the needs of residents and their families change over the coming years
this will enable..
Expanded activity space
often-busy lounge area.
A staff room - to support staff wellbeing and redu¢e bumout by providing a dedicated rest area.
Additional office space - to meet growing demands in care administration, documentation, and
coordination.
The impact of these spaces is expected to benefit both residents and the wider community, including
families and weekend therapy users.
The soft launch of the Space to Thrive appeal received a remarkable boost with a generous £10,000
donation from a local supporter- an inspiring show of communrty confidence that gave our campaign
vital early momentum.
Building on this strong start, we went on to secure £24,000 in grant funding from various trusts and
foundations later in the year.
allowing quieter. dedicated, person-centred activities beyond the

THE BEVERN TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
We officially unveiled the Space to Thrive Appeal at our 2025 Annual Dinner & Auction, brilliantly hosted
by our patron Natasha Kaplinsky. The event raised a remarkable £28,260, offering a major boost to the
appeal and showcasing the powerful support of our community and stakeholders.
These early successes have not only validated the importance of the project but have also energised
our wider fundraising strategy as we move fO￿ard with ¢onfiden¢e
taking US to over 500A of our
£668,000 target within the first phase of the ¢ampaign.
Financial review
Care Home Operation
At the end of the financial year, The Bevem Trust had funding for eleven full time residents on a spot contract basis.
In the year 2024125, this amounted to.. £2,025,500 (2023124-. £1,932,243}.
Over the year total donations, fund raising and gifts for the trust came to £134,722 (2023124.. £145,051).
In 2024125, the trust recorded an operating surplus on its general fund of £89,930 (2023124: £73,840). Net
transfers in from other funds amounted to £73,295 (2023124- {£55,122)), due to net transfers in from designated
funds of £31,735 {2023124'. £66,922} and £41,560 {2023124'. £11,800) in from restricted funds. The total increase
on the general fund for the year was £163,225 (2023124.. increase of £18,718).
Transfers in to the general fund from the restricted funds included £41,560 from the Restricted Gift fvnd and
£31,735 from the designated fund, totalling £73,295
Res8rves policy
The Trustees have set a policy for holding unrestricted liquid reserves of £203,000. These reserves are required
by the trust to provide-.
Working capital to finan￿ the day to day activities of running a Care Home., currently assessed as
£110,000
An income cushion to meet the funding gap that occurs with a change of resident., cU￿entlY assessgj as
£62,000
A cushion to provide necessary healthcare to residents in the event of insufficient fijnding currently
assessed as £31,000
At the end of the financial year, total unrestricted liquid reserves stood at £691,212. £390,655 of that figure had
been designated to the following funds-
Building Project fund.. £277,442
Asset Replacement fund". £44,058
Storage Project fund.. £57.404
Maintenance fund.. £11,751
The remaining unrestricted liquid rese￿eS of £300,557 are held in line with the Trust's Reserves Policy of £203,000.
Trust pollcles and rl$k management
Extensive risk assessments are carried out for all activities undertaken by the residents of the Trust. Frequent
internal audits as part of the work of the Nominated Individual confirm that all Trust policies are in place as
required by the legislation. They show that we are meeting all required standards. The Trust is committed to
maintaining this high standard in future assessments by CQC and contracting bodies. This is confirmed by the
outcomes of surveys of parents and staff satisfaction.

THE BEVERN TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Risks
The principal risks and uncertainties facing the charity are=
The death or deterioration in health of a resident, the latter leading lo a very significant change in needs in
terms of clinical risks and medical support needed-
The withdrawal of statutory funding..
The gap between our statutory funding and day to day costs, with the erosion of fee values in real terms,
due to the reductiors in spending on social care by Local Authorities and the NHS.,
The loss of key. long serving senior staff, wilhoul a sufficient succession plan.,
Insufficient Trustees andlor insuffi'cient requisite skills amongst the Trustees-
Challenges in recruiting staff. mainly due to the low wage levels in social care and our rurality
Location of Bevern view and the lack of public transport-,
Insufficient reserves to meet the loss of fee income or other unexpected financial hardship-,
Maintaining management and staff capability in a pressured social and economic climate-
Increased regulations that negatively impact the operating costs of the business e g_ GDPR,.
The current political and economic instability, impacting inflation and the cost of living.
Mitigations
Bereavement policy in place, to ensure that no room stays vacant for any longer than necessary-
Up to date register kept of potential new residents.,
Maintain good working relationships with funding authorities, challenging fees where appropriate..
Ending of all iespite provision for the foreseeable future. This has led to a more stable and secure income
stream. Whilst Ihe Trustees continue to be committed to offering respite care, it is nol currently feasible-
Demand for residential places outstrips supply_ We are in regular communication with commissioning
organisalions and view this as low risk at the present time-
Cover plans (short and long term) defined for key staff roles-,
Proactive recruitment of new Trustees, on the basis of skills needed and commttment to the mission.
Combinalion of in-house, qualified HR management alongside external HR expert contract.
Regularly reviewed and improved variety of measures to retain and motivate our staff and to increase
their wellbeing, including regLtlar supervisions and providing cooked meals. We have a wellbeing
programme with provision for physical and mental health support.
Robust cost controls and investigation into possible sources of sustainable energy.
Operational planning
Looking ahead, our priorities for 2025-26 are=
Implementation of a new medication management system;
Research and implementation of a more robust and intLtitive finance system to support better financial
oversight and efficiency.,
Implementation of new finance pa¢kage-
Continuation of music therapy sessions.,
Further tailored staff training and development in communication-,
Progressing and planning in the Space to Thrive building work.,
Schedule to update all individual needs assessments and fee negotiations.,
Recogni5ing that the needs of our residents are changing as they are getting older and ensuring that care
plans and activities are reviewed and adjusted to reflect these changing needs and interests.,
Preparing for end of life care and support for our residents and their families.

THE BEVERN TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2025
Structure, gov8rnance and management
The Bevem Trust is a Christian charity and a charitable company govemed by its Memorandum and Articles of
Association. The charitable company was incorporated on 12 December 2003 and registered with the Charity
Commission on 29 April 2004. It commenced activities on 1 October 2004 after the transfer of assets and liabilities
from the Agape Trust.
The trustees, who are also the directors for the purpose of company law, and who served during the year were..
B Adamson
S Brentnall
P Frost
N Houston
S Schueler
P Mundy
J Main
(Resigned 30 May 2025)
The board has power to appoint additional trustees. No director held any beneficial interest in the charitable
company. The member of staff charged with day-to-day management was the Nominated Individual and
Registered Manager. Mrs Ashly Sarsons.
Trustse appoinlrnent
A trustee's term of appointment is 3 years. There is no limit on the number of tenns a trustee may serve. In
accordance with company law therefore. approximately one third of the board retires by rotation and is eligible for
re-election each year. When a trustee resigns, or when the Board identifies the need for additional skills or
knowledge amongst its members, appropriate candidates are recruited for. Vacancies are advertised through
relevant channels, the precise choice of which is detemiined by the skills and experience being recruited for.
The process for recruitment of a new trustee includes an initial informal conversation, a short interview with the
Chair, a visit to Bevern View with another trustee and finally attendance at a board meeting. After each step the
applicant and the trust decide whether to continue to the next step or not. on￿ appointed, a new twstee then visits
Bevern Wiew for half a day for general induction with the Registered Manager, residents and wider team.
Management structure
The strategic management team meets every six weeks and includes the Nominated Individual, Registered
Manager, Operations Manager, Finance Manager and a trustee.
There is also a regular service Governance meeting {not a Su￿coMmittee of the board) which continually refreshes
and delivers an improvement plan, focusing on quality and safety.
A service users (Of relatives) forum also meets regularly, attended by the Nominated Individual.
All major matters, identified in the terms of reference of the management meetings are referred to the full board
either through a management report or the Nominated Individual report.
Key management personnel pay
Key management personnel pay at the Bevem Trust is set relatively low in comparison to the commercial sector.
The trust uses local charity pay as a guidelines and pay is reviewed yearly. Executive pay is significantly below
reportable levels.
Audltor
In a¢¢ordance wth the company's articles, a resolution proposing that TC Group be reappointed as auditor of the
company will be put at a General Meeting.

THE BEVERN TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Disclosure of infomiation to auditor
Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the
audit. but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to
identify such relevant information and to establish that the auditor is aware of such information.
In preparing this report, the trustees have taken advantage of the small companies exemptions provided by section
41 SA of the Companies Act 2006.
The trustees, report was approved by the Board of Trustees.
N Houston
Chairman
?Ip HL
20ZS
Date..

THE BEVERN TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the directors of The Bevern Trust for the purpose of company law, are responsible for
preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the state of affairs of the charitable company and of the incoming resources and application of resources,
including the income and expenditure, of the Charitable company for that year.
In preparing these financial statements, the trustees are required to..
select suitsble accounting policies and then apply them consistently.,
- observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company wll Gontinue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable ac¢ura¢y at
any time the financial position of the charitsble company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

THE BEVERN TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE BEVERN TRUST
Opinion
We have audited the financial statements of The Bevern Trust (the 'charitable company,) for the year ended 31
March 2025 which comprise the statement offinancial activities, the balance sheet, the statement of cash flows and
notes to the financial slatements, including significanl accounting policies. The financial reporting framework that
has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland
(United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements..
give a true and fair view of the state of the ¢haritable company's affairs as at 31 March 2025 and of its
incoming resources and application of resources, including its income and expenditure, for the year then
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿.
and
have been prepared in accordance with the reqLFirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) IISAS (UKI) and applicable
law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit ol
the financial statements section of our report. We are independent of the charitable company in accordance with
the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S
Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirernents. We
believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS {UK) require us to report
to you where..
the trustees, use of the going concern basis of accounting in the preparation of the financial statements is not
appropriate., or
the trustees have not disclosed in the financial statements any identified material uncertainties that may cast
significant doubt about the charitable company's ability to continue to adopt the going concern basis of
accounb'ng for a period of at least twelve months from the dale when the financial statements are authorised
for issue.
Other infomiation
The other information Gomprises the information included in the annual report other than the financial statements
and our auditor's report thereon. The Irustees are responsible for the other information contained wthin the annual
report. Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our
fesponsibility is to read the other information and, in doing so, consider whether the other information is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise
appears lo be materially misstated. If we idenlify such material inconsistencies or apparent material misstatements,
we are required to determine whether this gives rise to a material misstatement in the financial statements
themselves. If, based on the work we have performed, we conclude that there is a material misststement of this
other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the trustees, report for the financial year for which the financial statements are
prepared, which includes the directors, report prepared for the purposes of company law, is consistent with
the financial statements., and
the directors, report included within the trustees, report has been prepared in accordance with applicable legal
requirements.
10-

THE BEVERN TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE BEVERN TRUST
Matter5 on which we are required to report by exception
In the light of the kno￿edge and understanding of the charitable company and its environment oblaned in the
course of the audit, we have not identified material misstatements in the directors, report included within the
trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires
us to report to you if, in our opinion:
adequate accounting records have not been kept, or retums adequate for our audit have not been received
from branches not visited by us; or
the financial statements are not in agreement with the accounting records and retums; or
certain disclosures of trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
the trustees were not entitled to prepare the financial statements in a¢¢ordance with the small companies
regime and take advantage of the small companies, exemptions in Pfeparing the trustees, report and from the
requirement to prepare a strategi¢ report.
Responsibilities of trustees
As explained more fully in the statement of trustees, responsibilities, the trustees, who are also the direGtors of the
charitable company for the purpose of company law, are responsible for the preparation of the finan¢ial ststements
and for being satisfied that they give a true and fair view. and for such internal control as the trustees detem)ine is
necessary to enable the preparation of financial statements that are free from material misstatement, whether due
to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable
company's ability to continue as a going concern, disclosing, as applicable, matters related to going Concern and
using the going concem basis of accounting unless the trustees either intend to liquidate the charitable company or
to cease operations. or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the flnancial ststèments
Our objectives are to obtain reasonable assurance about whether the financial ststements as a whole are free from
material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit Conducted in accordance
with ISAS (UK) will always detect a material misstatement vthen it exists. Misstatements can arise from fraud or
error and are considered material rf, individually or in the aggregate, they could reasonably be exFECted to
influence the economic decisions of users tsken on the basis of these financial statements.
Irregularities, including fraud, are instances of nonucompliance with laws and regulations. The extent to which our
procedures are capable of detecting irregularities, including fraud, is detailed below.
Extent to which the audlt was consldered capable of detecting irregularities, including fraud
The objectives of our audit, in respect to fraud. are.. to identify and assess the risks of material misstatement of the
financial statements due to fraud. to obtain sufficient appropriate audit evidence regarding the assessed risks of
material misstatement due to fraud. through designing and implementing appropriate responses.. and to respond
appropriately to fraud or suspe¢ted fraud identified during the audit. However, the primary responsibility for the
prevention and detection of fraud rests with both those charged with governance of the entity and its management.
11

THE BEVERN TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE BEVERN TRUST
Our approach was as follows..
We identified areas of laws and regulations that could reasonably be expected to have a material effect on
the financial statements from our general commercial and sector experience, and through discussion with
the directors and other management las required by auditing slandards), and discussed with the direilors
and other management the policies and procedures regarding compliance with laws and regulations.,
We identified the following areas as those most likely to have such an effect.. health and safety,. General
Data Protection Regulation {GDPRI,' fraud,. bribery and corruption and employment law. Audiling Stand￿dS
limit the required audit procedures to identify non-compliance wilh these laws and regulations to enquiry of
the trustees and other management and inspection of regulatory and legal correspondenGe, if any.
We considered the legal and regulatory frameworks dIreC￿Y applicable to the financial statements reporting
framework (FRS 102 and the Companies Act 2006 and the Charities Act 2011) and the relevant tax
compliance regulations in the UK.,
We considered the nature of the company's operations. the control environment and business
performance, including the key drivers for management's remuneration"
We communicated identified laws and regulations throughout our team and remained aleri to any
indicats'ons of non-compliance throughout the audit-
We considered the procedures and controls that the group has established to address risks identified, or
that otherwise prevent. deter and detect fraud., and how senior management monitors those programmes
and controls.
Based on this understanding we designed our audit procedures to idenb-fy norFcompliance with such laws and
regulations. Where the risk was considered to be higher, we performed audit procedures to address each
identified fraud risk. These procedures included.. testing manual journals., reviewing the financial statement
disclosures and testing to supporting documentation. performing analytical procedures," and enquiring of
management, and were designed to provide reasonable assurance that the financial statements were free from
fraud or error
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some
material misstatemenls in the financial statements, even though we have properfy planned and performed our
audit in accordance with auditing standards. For example. the further removed non-compliance with laws and
regulations (irregularities) is from the events and transactions reflected in the financial statements, the less
likely the inherently limited procedures required by auditing standards would identify it. The risk is also greater
regarding irregularities occurring due to fraud rather than error, as fraud involves intentional Co￿ealmenl,
forgery, collusion, omission or misrepresentation. We are not responsible for preventing non-compliance and
cannol be expected to detect non-compliance with all laws and regtjlations.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at= htt s'.Ilw
This description forms part of our
auditor's report
12

THE BEVERN TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE BEVERN TRUST
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chaoer 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable
company's members those matters we are required to state to them in an auditor's report and for no other purpose.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable
company and the charitable company's members as a body, for our audit work, for this report, or for the opinions
we have formed.
) C G*Th*•t
David Martin FCA (Senlor Statutory Auditor)
for and on behalf of TC Group
Statutory Audltor
Office: Lewes
13-

THE BEVERN TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Current financial year
Unrestricted Unrestricted
funds
funds
general designated
2025
2025
Restricted
funds
Total
Total
2025
2025
2024
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Other income
37,926
2,025,500
28,690
5,421
23,664
73,132
134,722
2,025,500
28,690
5,421
145,051
1,932,243
28.475
4,620
Total income
2,097,537
23,664
73,132
2.194.333
2,110,389
Expenditure on:
Raising funds
Charitable activities
Other expenditure
30,647
1,973,894
(1,396)
30,647
1,989.294
(1.396)
41,209
1,970.085
41,434
15,400
11
Totsl expenditure
2,003,145
15,400
2,018,545
2,052,728
Net gainslllosses) on
nveslments
12
(4.462)
{4,462)
24,619
Net income
89,930
23,664
57,732
171,326
82,280
Transfers between funds
73,295
(31,735)
(41,560)
Net movement in funds
163.225
(8,071)
16,172
171.326
82,280
Reconciliation of funds-
Fund balances at 1 April 2024
1,464,205
398,726
44.579
1.907,510
1,825.230
Fund balances at 31 March 2025
1,627,430
390,655
60,751
2,078,836
1,907,510
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
14-

THE BEVERN TRUST
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Prior financial year
Unrestricted Unrestrictod
funds
funds
general designatèd
2024
2024
Restrlcted
funds
Total
2024
2024
Notss
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Other income
70,092
1,932,243
28,475
4,620
74,959
145.051
1.932.243
28,475
4,620
Total income
2,035,430
74,959
2,110,389
Expenditure on:
Raising funds
Charitable activities
Other expenditure
41,209
1,903,566
41,434
41,209
1,970,085
41,434
44,409
22,110
11
Total expenditure
1,986,209
44,409
22,110
2,052,728
Net gainsl(losses) on investments
12
24,619
24,619
Net incomellexpenditure)
73.840
{44,409)
52.849
82,280
Transfers between funds
{55,122)
66,922
(11,800)
Net movement in funds
18,718
22,513
41.049
82,280
Reconciliation of funds:
Fund balances at 1 April 2023
1,445,487
376,213
3.530
1,825.230
Fund balances at 31 March 2024
1,464,205
398,726
44,579
1,907,510
15-

THE BEVERN TRUST
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Intangible assets
Tangible assets
Investments
14
15
16
10,335
1,710,138
220,160
1.681,139
224,622
1,940,633
1.905,761
Current assets
Debtors
Cash at bank and in hand
17
92,668
801.342
95,208
763,912
894.010
859,120
Creditors: amounts falling due within
one year
19
(142,047)
(219,956)
Net current assets
751,963
639,164
Total assets less current liabilities
2.692,596
2,544,925
Creditors: amounts falling due after
more than one year
20
{613,760)
{637.415}
Net assets
2,078,836
1,907,510
The funds of the charitable company
Reslricted income fvnds
Unrestricted funds- general
Unrestricted funds - designated
24
60,751
1,627,430
390,655
44,579
1,464,205
398,726
23
2,078,836
1,907,510
The financial slatements were approved by the trustees on
2ois
•aL C(vL4
N Houston
Chairman
P/p
Company registration number 4993720 (England and Wales)
16-

THE BEVERN TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activities
Cash generated from operations
28
112,583
115,571
Investing activities
Purchase of intangible assets
Purchase of tangible fixed assets
Proceeds from disposal of tsngible fixed
assets
Investment income received
(11,700)
(73,295)
{70,671)
1,499
28,690
28,475
Net cash used in Investing activities
(54,806)
(42.196)
Flnanclng activities
Repayment of bank loans
(20,347)
(19,000)
Net cash used in financing activities
(20,347)
{19,000)
Net increase in cash and cash equivalents
37,430
54,375
Cash and cash equivalents at beginning of year
763,912
709,537
Cash and Gash equivalents at end of year
801,342
763,912
17-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity inforniation
The Bevern Trust is a private company limited by guarantee incorporated in England and Wales. The
registered office is Bevern View, The Willows, Barcombe, East Sussex, BN8 5FJ.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charitsble company's Memorandum and
Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of
Recommended PraGtice applicable lo charities preparing their account5 in accordance with the Financial
Reporting Slandard applicable in the UK and Republic of Ireland {FRS 102)° (effective 1 January 2019). The
charitable company is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charitable company.
Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies
adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the
charitable company has adequate resources to continue in operational existence for the foreseeable fijlure. In
arriving at this conclusion, Ihe trustees have considered finances over a period of at least 12 months from the
approval of the accounts. The trustees continue to adopt the going concern basis of accounting in preparing
the financial statements_
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Designated funds comprise funds which have been set aside at the discretion of the trustees for specific
purposes_ The purposes and uses of the designated funds are set out in the notes to the financial statements.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the accounts.
1.4 Incom8
Income is recognised when the charitable company is legally entitled to it after any performance conditions
have been met, the amounts can be measured reliably, and il is probable that income will be re¢eived.
Cash donations are recognised on receipt. other donations are recognised once the charitable company has
been notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
Legacies are recognised on receipt or otherwise if the Charitable company has been notified of an Knpending
distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as
a contingent asset.
Grants received are credited to the Statement of Financial Activities when received unless they relate to
futL¢re specified period, in which case they are deferred.
Fees are Charged for the provision of care provided to the resident clients under contracts arranged with Local
Authorities and Primary Care Trusts. Fee income is accounted for when earned.
18

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng policies
IContinu8d}
1.$ Exp8nditur8
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits wll be required in settlement and the amount of
the obligation can be measured reliably.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities. It includes
both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to
support them, including allocated govemance Costs.
Govemance costs includes those costs associated with meeting the constitutional and statutory requirements
of the charity and include the audit fees and costs linked to the strategi¢ management ofthe charity.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use
of the resour¢e. Costs relating to a particular activity are allocated directly,. others are apportioned on
estimated usage as a proportion of directly attributable expenditure.
1.6 Intanglble fixed assets other than goodwill
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured
at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the
acquisition date where it is probable that the expected future economic benefits that are attributable to the
asset will flow to the entity and the faif value of the asset can be measured reliably-, the intangible asset arises
from contractual or other legal rights-, and the intangible asset is separable from the entity.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Website development
5 years straight line
1.7 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost Of valuation, net of
depreciation and any impairment losses.
Item5 of capital expenditure are capitslised and shown at cost as fixed assets in the balance sheet.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write
off the cost less estimated residual value of each asset over its expected useful life, as follows..
Land and buildings
Fixtures, fittings & equipment
Motor vehicles
Over 65 years
20% Straight line
200/0 Straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value ofthe asset, and is recognised in the statement of financial activities.
1.8 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each reportin9 date. Changes in fair value are recognised in net
incomel{expenditurel for the year. Transaction Costs are expensed as incurred.
19-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounting policies
(con￿nUed
1.9 Impairment of fixèd assets
At each reporting end date, the charitable company reviews the carrying amounts of its tangible and intangible
assets to detemiine whether there is any indication that those assets have suffered an impairment loss. If any
such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss (if any).
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use,
the estimated future cash flows are discounted to their present value using a pr&tax discount rate that reflects
current market assessments of the time value of money and the risks specifi¢ to the asset for which the
estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset is estimated to be less than its &?rrying amount. the carrying amount of
the asset is reduced to its recoverable amount. An impainnent loss is recognised immediately in incomel
expenditure for the year. unless the relevant asset is carried at a revalued amount, in which case Ihe
impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if. and only if, the reasons for Ihe impairEnent Ioss have ceaseij to
apply. Where an impairment Ioss SLFbsequently reverses, the carrying amount of the asset is increased to the
revised estimale of its recoverable amount, but so that the increased carrying amount does not exceed the
carrying amount that would have been determined had no impairment loss been recognised for the asset in
prior years. A reversal of an impairment loss is recognised immediately, unless the relevant asset is carried in
at a revalued amount. in which case the reversal of the impairment loss is treated as a revaluation irFcrease.
1.10 Cash and cash equivalents
Cash and cash equivalenls include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.11 Financial instruments
The charitable company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 10 211 of its finanGial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable company
becomes party to the contractual provisions ofthe instrument.
Financial assets and liabilities are offset, with the nel amounts presented in the financial statemenls, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis Of to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipt5 discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
-20-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
{Continued)
Baslc financial liabilities
Basic financial liabilities, inclijding Creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured al the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recogni5ed inFtially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitsble company's contractual obligations expire or are
discharged or ¢an¢elled.
1.12 Retirement benefits
The ¢haritsble Company operates a defined ¢ontributions pension scheme. Contributions are charged in the
accounts as they become payable in accordance with the rules of the scheme.
1.13 Taxation
The Trust is a registered charity (number 1103520). All of its activities are exempt from direct taxation.
1.14 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount repaid net of any trade discounts due.
21

TS
5 a> thi
2 c

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charitable actlvities
2025
2024
Fees received for the care of residents
2,025,500 1,932,243
Income from Investments
Unrestricted Unrestrreted
funds
funds
2025
2024
Intefest receivable
28,690
28,475
Other income
Unrestricted Unrestricted
funds
funds
2025
2024
Other income
5.421
4.620
-23-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Exp8nditure on charitable activities
Care of
residents
2025
Care of
residents
2024
Direct Gosts
Staff costs
Depreciation and impaimient
Therapists
Training and sundry staff expenses
Recruitment and advertising
Food and kitchen supplies
Medical supplie5 and materials
Laundry, linen and cleaning
Educational supplies and outings
Travelling expenses
Minibus running expenses
Light. heat, water and rates
Insurance
General repairs and mainlenance
other charitable expenditure
1,543,284
45.558
20.113
27.594
10,203
31,749
18,223
7,480
35,789
4,474
11,547
47,469
30,878
28,935
3,970
1,532,536
40,158
21,361
21,984
5,292
33,245
21,293
7.661
24,446
3,110
13,813
68,121
29,266
39,555
1,867,266
1,861.841
Share of support and governance costs (see note 71
Support
Governance
109,891
12,137
94,679
13,565
1,989,294
1,970,085
Analysis by fund
Unrestricted funds general
UnrestriGted funds - designated
Restricted funds
1,973,894
1,903,566
44,409
22,110
15,400
1.989,294
1.970,085
-24-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs allocated to actlvities
2025
2024
Office costs
Telephone
External HR costs
Bank charges
Loan interest
Software support costs
Bad debts
Govemance costs
11,786
2,775
4,207
879
54.914
33,217
2.113
12,137
7,184
3,398
4,183
111
56,879
22,924
13,565
122,028
108,244
Analysed between:
Care of residents
122,028
108,244
Net movement in funds
2025
2024
The net movement in funds is stated after chargingl(crediting)-
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets
(Profit)lloss on disposal of tangible fixed assets
Amortisation of intangible assets
9,100
44,193
(1,396)
1,365
10,860
40,158
41,434
Trustees
None of the trustees {or any persons connected with them) received any emoluments through the payroll from
The Bevem Trust during the year. Trustees were reimbursed for expenses totslling £nil (2024 - £nil).
10 Employees
The average monthly number of employees during the year was-
2025
Number
2024
Number
Charitable activities
Management and administration of the charity
65
61
Total
71
67
-25-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Employees
(Continued)
Employment costs
2025
2024
Wages and salaries
Social security Costs
other pension cosls
1,411.540
95,860
35,884
1,398,711
97,342
36,483
1,543,284
1,532.536
Redundancy and temiination payments totalling £21,983 were made in the reporting period. These payments
were made to the employee in lieu of notice and an ex-gratia payment with no amounts remain outstanding at
the end of the year.
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
2025
2024
Aggregate compensation
122,823
143,930
11 Other expenditure
Unrestricted Unrestricted
funds
funds
2025
2024
Net loss on disposal of tangible fixed assets
(1.396)
41.434
12 Gains and losses on investments
Unrestricted Unrestricted
funds
funds
2025
2024
Gainsl(losses) arising on..
Revaluation of investments
(4,462)
24,619
13 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitsble purposes.
26-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Intangible fixed assets
Wgb$ite
development
Cost
At 1 April 2024
Additions - internally developed
11,700
At 31 March 2025
11,700
Amortisation and impaim)ent
At 1 April 2024
Amortisation charged for Ihe year
1,365
At 31 March 2025
1,365
Carrying amount
At 31 March 2025
10,335
At 31 March 2024
15 Tangible fixed assets
Land and
bulldlngs
Fixtures,
fiWngs &
equlpment
Motor
vehicles
Total
Cost
At 1 April 2024
Additions
Disposals
1,935,981
29,982
307.808
77,464 2.321,253
3.482
39,831
73,295
(47.072) {24,978)
(72,050)
At 31 March 2025
1,965,963
264,218
92,317 2.322,498
Depreciation and Impalrment
At 1 April 2024
Depreciation charged in the year
Eliminated in respect of disposals
316,603
20,524
255,847
67,664
17,879
5,790
{46,969) (24,978)
640,114
44,193
(71,947)
At 31 March 2025
337,127
226,757
48,476
612,360
Carrylng amount
At 31 March 2025
1,628,836
37,461
43,841
1,710,138
At 31 March 2024
1,619,378
51,961
9,800 1,681,139
27-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
16 Fixed asset investments
Listed
investments
Cost or valuation
At 1 April 2024
Valuation changes
224,622
{4,462)
At 31 March 2025
220,160
Carrying amount
At 31 March 2025
220,160
At 31 March 2024
224.622
17 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
1,584
1,463
89,621
3,254
3.968
87,986
92,668
95,208
18 Loans and overdrafts
2025
2024
Bank loans
636,917
657,264
Payable within one yeaf
Payable after one year
23,157
613.760
19,849
637,415
The long-term loan is secured by a first fixed legal charge with full title guarantee over the freehold interest in
Bevern View dated 2 February 2016 and a first fixed legal charge with full title guarantee over the freehold
interest in Brooklands.
Interest is charged on the loan at 3.50h over the Bank of England Base Rate. The loan is to be repaid by
monthly instalments of interesl only and from July 2020 by monthly instalments of capital and interest as
notified by the bank until the final repayment date.
28-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Creditors: amounts falling due wlthln one year
2025
2024
Notes
Bank loans
Other taxation and social security
Deferred income
Trade creditors
Other creditors
A¢¢ruals
18
23,157
26,227
41,374
18,483
9,617
23,189
19,849
20,233
42,395
19,936
47,182
70,361
21
142,047
219,956
20 CreditOTS: amounts falling due after more than one year
2025
2024
Notes
Bank loans
18
613,760
637,415
21 Deferred income
2025
2024
Other deferred income
41,374
42,395
Deferred income is included in the financial ststements as follows..
2025
2024
Deferred income is included within..
Current liabilities
41,374
42,395
Movements in the year..
Deferred in¢ome at 1 April 2024
Released from previous periods
Resources deferred in the year
42,395
(42,395)
41,374
44.130
(44,130)
42,395
Deferred income at 31 March 2025
41,374
42,395
Deferred income amounts relate to fees received in advance for April.
22 Retirement benefit schemes
2025
2024
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
35,884
36,483
-29-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22 Retirement benefit schemes
(Continued)
The charitable company operates a defined contribution pension scheme for all qualifying employees. The
assets of the scheme are held separately from those of the charitable company in an independently
administered fund.
Contributions totalling £8,121 12024 £583) were payable to the fund at the year end and are included in
creditors.
23 Unrestrfcted funds - designated
These are unrestricted funds vthich are material to the charitable company's activities.
At 1 April
2024
Incoming
resources
Resources
expended
Transfers At 31 March
2025
Asset Replacement Fund
Building Project Fund
Maintenance Fund
stora9e Project Fund
45,812
283,759
11,751
57,404
(1,754)
(29,9811
44,058
277,442
11,751
57,404
23,664
398,726
23,664
(31,7351
390,655
Previous year:
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
Brooklands Project
Asset Replacement Fund
Building Project Fund
Maintenance Fund
Storage Project Fund
40,060
46,853
200,000
29,300
60,000
{40,060)
{1,041)
83,759
{13,200)
(2,5961
45,812
283,759
11,751
57,404
(4,349)
376,213
(44,409)
66,922
398,726
Asset Repla¢ement Fund
A designated fund has been set up, which will be a sinking fund to replace operating fixed assets to njn the
Home.
Building Project
A designated fund has been set up to fund the new activity space, office and staffroom the Space to Thrive
appeal.
Maintenance Fund
A designated fund has been set up to fvnd various upcoming maintenance requirements for property and
vehicles.
Storage Project Fund
A designated fund has been set up to provide addits'onal storage for the increasing amount of equipment for
our residents, as they get older.

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
24 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 April
2024
Incoming
resources
Resources
expended
Transfers At 31 Mareh
2025
Friends of Bevern View Fund
Restricted Gift Fund
Minibus fund
Building Project Fund
57
2,563
41,959
57
63
2,270
58,361
14,629
142
58,361
(15,400)
(1,729)
(39,831)
44,579
73,132
{15,400)
(41,560)
60,751
Previous year:
At 1 April
2023
Incoming
rosoufces
Resources
expended
Transfers At 31 March
2024
Friends of Bevern View Fund
Restricted Gtft Fund
Minibus fund
294
236
3,000
(237)
(21,873)
57
2,563
41,959
26,200
48,759
(2,000)
(9,800)
3,530
74,959
22,110
(11,800)
44,579
Friends of Bevern Vlew Fund
This represents donations and other monies raised by supporters of the Bevem View home. Payments from
this fund are made for the benefit and welfare of the Bevern View residents.
Restricted Glft Fund
This represents financial gifts to cover specific purchaseslcosts.
Minibus Fund
This represents financial gifts to cover specific costs.
Building Project
A restricted fund has been set up to fund the new activity space, office and staffroom - the Space to Thrive
appeal.
31

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
25 Analysis of net assets between funds
Unrestrlcted Unrestrictod
funds
funds
general designated
2025
2025
Restricted
funds
Total
2025
2025
At 31 March 2025:
Intsngible fixed assets
Tangible assets
Investments
Current assetsl(liabilities)
Long term liabilities
10.335
1,710,138
220,160
300,557
(613,760)
10,335
1,710,138
220,160
751.963
(613,760)
390,655
60,751
1,627,430
390.655
60,751
2,078,836
Unrestricted Unrestricted
funds
funds
general
designated
2024
2024
Restricted
funds
Total
2024
2024
At 31 March 2024:
Tangible assets
Investments
Current assetsl(liabilities)
Long term liabilities
1,681,139
224,622
195.859
{637,415)
1,681,139
224,622
639,164
{637,415)
398.726
44,579
1,464,205
398.726
44.579
1,907,510
26 Operating lease commitments
Lessee
At the reporting end date the charitable company had outstanding commitments for future minimum lease
payments under non-cancellable operating leases, which fall due as follows=
2025
2024
Within one year
Between and five years
2,026
6,745
2,248
2,026
8,993
27 Related party transactions
32-

THE BEVERN TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
27 Related party transa¢tlons
(Continued)
Transactions with related parties
During the year the charitable company entered into the following transactions with related parties..
A number of trustees have family members who are residents at Bevern View. All transactions have taken
place on an arm's length commercial basis and trustees had no influence over the use of resources relating to
these transactions.
28 Cash generated from operations
2025
2024
Surplus for the year
171,326
82.280
Adjustments for:
Investment income recognised in statement of financial activities
(Gain)Iloss on disposal of tangible fixed assets
Fair value gains and losses on investments
Amortisation and impaimient of intangible assets
Depreciation and impaiment of tangible fixed assets
(28,690)
(1,396)
4.462
1,365
44,193
(28.475)
41,434
(24,619)
40,158
Movements in working capital..
Decreasel(increase) in debtors
(Decrease)lincrease in creditors
(Decrease) in deferred income
2,540
(80,196}
(1,021 }
{3,509}
10,037
{1,735}
Cash generated from operatlons
112,583
115,571
29 Analysls of changes In net funds
At 1 Aprll 2024
Cash flowsAt 31 March 2025
Cash at bank and in hand
763,912
37,430
801,342
Loans falling due within one year
Loans falling due after more than one year
{19,849)
(637,415)
(3,308}
23,655
(23,157)
(613,760)
106,648
57,777
164,425
-33-