REGISTERED COMPANY NUMBER: 05480101 (England and Wal68) REGISTERED CHARITY NUMBER: 1116034 REPORT OF THE TRUSTEES AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEJR ENDED 31 DECEMBER 202S FOR THE klANOR TRUST BEDHAPAPTQN
THE MANOR TRUST BEDHAMFfoN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Report of tho TrustO•8 1 to 8 Indopondont Examlnoff• Report slatsml of Flnan¢lal Actlvftlès Balan(* Sh••t g to 10 Cash Flow Stat•m•nt 11 NotOS to the Ch Flow Statomont 12 Motss lo tho Flnanclal Statsments 13 to 22
edhamplon Merfttye& Cffti tharlty Nth IIIK134. RegtsEered Company Plo.. 05480101 The ManorTrust Bedh8mpton IA ¢ompany Ilmlted by Euaranteel Re815teTed Office.. The 2 Lawer Road. Bedhampton. Hant5, P09 3LH. THE MANOR TRUST BEDHAMPTON REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 Introduclion The Manor Trust is a small lo¢al ¢harity established in the conservation area of Old Bedhamplon, bcaled in Havant. Hampshire. This Conserrfation Area èncompasses tha Okl Badhampton historic village at its ¢entre and tha lomial open spaca of Bldbury Mead to tha east. Th8 Trust owns arKI manages The Elms. which is a signrficant Grade Il" listed building and The Lod e care home, with a caty to home 14 residènts. Mr Bernard Slanley and Mrs Cynlhia Hoy originally founded The Manor Trust in 1967. although hawng sadty passed away, the contlnued success of tha Trust Is a testam8nt to thelr dedication and perseveran. Recentty promoted to Field Marshall our Patron. the Lord David Rtchards, Baron Richards ol Herstmonceux. gratiously continues with hts support of The Manor Twst for which we are entirely grateful. The affiliated and esteemad voluntears of tho Bedhampton Hlstorlcal Collectlon (BHC) contlnu8 thelr Invaluab work to catakngue and document the history Inked to The Trust arTrJ heritage of Old Bedhampton. Slalus The Manor Twst És a registered charity, number 1116034 and governed by The Charty Commission for England & Wales. Company number 05480101 is the r8gistration listing for the Trust to operate as a °Private Limited Company by guarantee withtyjt share Capital use of'Llmtted exemption. Ths Annual Report for 2025 provk*s a record of the TnASt's achlevements and actlvltles durlng the past year's reporting period. Objectlves & Actlvltles The Tru$V8 Oble¢tlvas arè". 1. To provide safe and comfortable accommodation in the Trusfs prcpth for the otder parson and provtd8 quality care for the frall ebjerly. 2. To preseNe, mwntain and promote, lor the benefit of th8 public, Th8 Trusvs Gradè Il. listed bulldlng known as The Elms and the Waterloo Room, a Rege Banqueting Hall with a Tower. 3. To foster and promote the sodal and historic ambience of ihe hisioric village of Old Bedhampton. 4. To encouraje and further gducation in Ihe Communty.
Publlc Benefll The Trustees attest that they have referred to the Charity Commisslon's general guldance on public benefit lor reviewing the charitvs aims and objectlves and In the plannlng of fthure activlties. The Trustees refer to public benefit throughoLrt this report. Tha Manor Trust GornIng Committee (GC) comprises the Board ol TNst6es, one Trust88 as Chair. the Trust Manager. the Trust Financa Administrator and the R8glster8d Manager of The Lodga. In addltion to the AGM, a total of nine m88tlngs ol the GC oCCued durlng 2025. Somè executive de¢i5ions were managed by emall external to the GC meellng& Achievement & Pertormance Th8 Manor TruJV8 prfnclpal aclmtles 8urround Ils two prop8rt1es. The Lodge is the Charity's Gare Home, registered to provide residential care lor 14 dependent and frail elderty people. The home Offers a safa, comfortable. and friendly enwronment where rasldents are encouraged to be independent. FlesKlents and VISOrS anjoy the use of the kepi gard8ns in the warmer weathar. The managars and team of carers are qualified and experienced in providing caro to resldents with a range of comFA8x care ngeds. Digital care plans are created and constantly uwlated in response to the indivKlual and changing needs ol each resident. The Care Qualty Commlssion (CQCI has inspected the Lodge and a ratlng ot'GOOD' was awarded. ThroughoLrt 2025 The L(xlge operated at varying18vels of occupancy, ranging from 2 to 3 vacanclas. A watknng list of prospective residents ss maintained and currently tOtS five wshing to take up residence when the timg arises. Unoccupied roorns and stalfing gaps caused by long temi absence among the dlffer8nt lev8ts presented Emma Vallender. Registered Manager wlth challenges during the year. Ftecruitment also proved problomatlc during several months of the year. Th8 custofflary localisad recruiting noiices ihal have been hugety surxessful in the past, failed to attract suitable candidates which resuKed in Contracting recruiting agencies lo help fill the gaps. However, despite these hurdles, Emma led h8r team in delivering an exception level of care to thè resid8nts. Staff training criteria was updated over the course ol thè year and various work undertaken lo improve the accommodation. including replacing th8 flra alarm pan81 and som8 fire d8tectors, ¢arpets deep Cleaned, and some soft lurnishings replacad. Commansurate with the previous yearfs action plan the wellbeing of residents remains the PTlorlty. Regular aLKlils to assess and monltor18vels of wformance and effectlveness are undèrtaken by thé management team to ensure care qLsality arKJ compliance with Reg 26, complemented by a monthly revlew by a formar trustee. Residents enjoy a full 8nt8rtainmenl and activities programme. Jibij "rhe Lodge Gare Home" Policies were reviewthd and UFdated to sallsfy legal and regulatory requirements with corresponding Prdures amended to allgn with these revised policias. Havant Borough Council's migration to a new IT system induced delays to planning applications and subsequent approvals durlng Ihg flnal quarter of 2025. The Council's awjroval to lope the trees that sit on the Lower Road highway boundary was significantly delayed, athough finally reIVed som8 three months after the original application.
The Elms. Grade Il. listed building is more than 230 years old. As w811 as housing the adminislrativ8 offi¢e6 01 the Manor Tnjst. il provides 5 self-containod apartm8nts for bng term residential tenants. The residents b8nefit from a wg11-sto¢ked onsite library. the MagnifinI Waterk)o Room and extensive kept gardens. All ihese apartments remained 0¢pied throughout 2025 with the residenls regularly voluntsering to halp wllh lh8 Trust's planned activities. These activities feature, a monthly café & library book shop, weekly ursday Lunch Club. and Tegular meotings of the Bedhampton Historical Collg¢tion. Some 'outslde" hirfngs were booked, including meetings among Havant's u3a local history group. These regular c¢casions offer an oppothjnty for members of the local and wider communty to make use of the impressive Waterloo Room and enjoy Its hlstoric features. 11 Ir he Elms" The Elms Btill has Several marrtenance and pr88ervation Tequiremenls. During 2025 works were completed tothe guttering on thg North y11, overhauling rool slatès and fttting lead fLqshing to ensure waterproof seal. A planned programme of repar and redecoration will continue In the comlng years that requires the expenditure of budgeted funds. Our future fund-raising activitias will contribute to the upkeep and preservation of this wond8rful building. Energy use for The Elms and The Lodge was closety monltored to halp identify any cost increase and a greater focus was aCed on thg appearance of the gardens at The Elms. 'WRteth Room. The Trust Office o)mputer syslems were upgraded to Windows 11 to assure thè suainability and contlnued use of the centralised dUrnent sharinstOrage area aided collaborative worknng amongst the management team. Volunt8ers, Supporters and Trust8es Numerous fijnd-raising and communty activiDes proved popular and were succgssful in raising fundg for the charity in 2025. Supporters enjoyed a variety of events throughout the year including a cheese and wine evening, several tabletop sat8S With aft8. books and clothes, and a gamgs evenlng. Aft8moon arKI evening talks attracted r•v.."; strong attendance from members of Ihe local communty. Fundraising 8v8nts are run with the invaluable help and support of an enthusiastic group of volunteers and vtho deserve the gratolul thanks of Trust. These events would not be possibl8 wlthout th8m. Summer Falr 2025 hekj In th8 rear garden of The Elms during August was well supported and provad a great success. The many vlsitors 8njoying cream teas while sampling the traditional sialls arKI lislening to music performed by the local choir. Our Chrbstmas lair was very well supported and, d8splta local competing events occurring on the same day impacting our antlclpated takings. it was deem8d a successl .MME[Fr. The gardenlng tsam worked extremety hard to keep the grounds at The Lodge and The Elms mainlained through¢)ul lh8 year. Th8ir enduring efforts produced fresh fruit and vegetables for all the
residenls lo enjoy. A very special thank you to The Bedhampton Volunta8rs for their help with tho gardening tasks at The Elm5. Annual General Meetlng & Trustees The Manor Trust's Annual General Meetlng {AGMI 2025 was convened In Junè with 19 vollng mernbers of the Trust present. A formal acceptance of the accounts. AGM rerM)rt and prevlous meoting minutes were recorded. The Manor Trust wekomes expresslons of intarast from anyone ryshing to be appointed a Trustee as li seeks to move foThvard over the ensulng years. Anyone interested in becoming a Trust88 Is vited to contact the Trust Manager Yla aula manortrust.or .uk or 0¥392 484444. Bedhamplon Hislorlcal Colleclion (BHC) The BHC is an important resource of local history and knovledge. Its collection of locai art8facts, documents and pictures is hekl within a room at Tho Elms arKJ managed by a small group of local volunteers. They meet most Wednesday mornings. womng on cakloguing and preseNation of the Colkctlon's Merns. The team have assisted several people with research requests during Ihe year and walcom8s visitors (by appolnlment> actively V0ed in local hislorical events. The September Heritage Open Days were celebral8d by hosting two events, an exhibilion and a talk about The Elms and other historic houses in Bedhampton. The Charlty's Pollcles and Procedures The Trust's many policies and procedures satisty Ihe governance requlrements for health and safety, safeguarding. security, privacy. linance. data proteclion. employment, human rights. and equality, dwersity. and inclusion. SupFY)rtirvJ processes align with these policies to satisty the govamlng frameworf( to ensure the mitigation of risks. SLKh as Disclosure arKI Barrfng Service {DBS> vettlng for all Trustees and staff. Staff The Trust has on8 full timè rolè which is the Registered Manager of The Lodge. The remaining 26 employees are part time, fullilling a range of roles including we. managemenl, houseke8ping and catering. Procedures for staff recruttm8nt, induction, retention, and training are in accordance with current leglslatlon. Mandatory training is provided by quallfiad tralnars. health care professionals that includes the use ol c119 trasning plattorms. Th8 Trust also amploys a part-time Trusl Manager and a part-time Financ8 Administrator who manage the daily running, planning arKI budgeting aspects ol the Twst. Financlal Review Tho Flnanclal Report Tho attached financial report illustrates that. over the past year. the chartty recorded a deficit of £7,044 b8fore unrealised gains on investments. while continuing to megt its objectives, a drawdown on Ils reserves was necessary. Thls drawdown covered unexpected costs Incurred from recruiting agenc58s, reduced room occupancy at The Lodge and increased employmenl costs. During 2026 a further budget d8ficTrt is projected rf full ocajpancy levels at Th8 Lodg8 are not maintained consistgnty. Inveslments Charities lid Foundation ICAF) manag8S th8 Trust's principal inveStmt funds. that are invested in m8dium-risk porttolios.
Reslrlcted Funds The Trust holds s8V8ral restricted funds. Th8 Lodg8 R8sKlents Association, the Bedhampton Historical Collection and the Waterloo Room. During 2025 a new rostiicted fund was gstablished for Educational Talks to enable tha delivery of athjitional talks and will be carried fonvard for planned talks kn 2026. Currènt vaknes for thes8 r8stricted funds ar9 induded in the audited accounts. Acknowledgements Th8 Manor Trust wish05 to acknedge the dedicatlon and Invaluable contribution that has baan made in 2025 by its Tnjst members and volunteers. Without this steadfast support several of our a[VIlLe$ and events would not be possible and the generous community spirit generated by all those Involved, one sadly abserrt. Thank you to all those who up iheir time and conllnua to support the Trust. The ManorTrusl dso wishes to acknowledge the hard work Carri out by all our stafl during another very busy year. Itwas mostgratifying to witness the level of commitment dispk2yed by every m8mber of staff over tha course of a dlfficult year. Thank you to ea¢h and every ong of you for upholding th8 renowned repthatlon of Ihe Trust. Regrettably, Mr David Hindtey resigned as Chaimian of the Board of Trustees on 3111 Octobgr 2025 following five y8ar5 of steadfast service to The Manor Tru8t. We remain entirely grateful tor his dedication and commitment during his tanura and wish him well for all that he may undertake in the future. Dr Richard Jones, Mr Peter Walbank and Mr Stephen Kerslake are the Trust's eiectad aThd appolnted Trustses. Looking Ahead In 2026 tho Trust tntonds to pursue its general objectives, prioritising the Wele1ng of resldents ai The Lodge arKI 8ndeavouring to m8ximise incom8 by filling all the rooms. Policies and proc8dur8S 11 continue lo be revi8wed as required. Ess8ntial building maintenance and improvements will be undertaken. projects include. taking down and rebuiEding a four-metre sectlon of the Elms flint boundary wall, minor repairs to the external brickwork and rend8r at a low level to the western erKI of the north wall. Refurbishing The Elms kitchen and the commund tOlt and k)bby. A survay will be urKJgrtak8n of extsrnal windows and doors and a 11315-year plan developed for necessary repalrs and replacement. General. additional maintenance of The Lodge building will continue with emphasis on overhauling some of the plumbing systems. The Trust also hopes to host an increased number ol events in the Waterloo Room to include social events and talks as well as ottering its facilities for privats hire during the day. We woukl very much like lo hear from anyone who would ba willing to deliver an interesting talk or acbvity. Any funds ralsed wlll b8 dedlcated to the preservation ot The Elrns. Structure, Governance & Management Govornlng documofftt The Charity is ntrOl by its governing docurnent titled The Memorandum & Artiol8S that consdtLrt8s a limited company. as defined by the Companies Act 2006. Appolntment of Now Trusleos The Charity may. by ordinary resolution, appoint a person who is willing to act as Trustee. This is accordlng to the Memorandum and Articles of the Charty wilh confirmalion of both partl8s r8quired in writing. Under 31. {1) of the Memorandurn arKI Article8, the Trustees may apwint a person who
is willlng to act as a Trustee. subject to the validation of that appoinlmenl by Members at th8 next Annual Generd M88tlng. Offlcers of the TNst In 2025 Board ol Trustees Dr Richard Jones Mr Stephen Kerslake Mr Petsr Wdlbank Manag8r8 Mrs Paula Humby. Trust Manager Mrs Vaterle Moller, Flnance Administrator Contact and Enquiries Trust Office Telephone: 02392 484 444 Email Trust Manager: aula manortrust.o Emall Finance Adminislralor.. valerie manortrus The Lcdge Telephone.. 02392 452 644 Email Regisler8d Manager: emma manortrust.or www.manortrust.or .uk Daclaratlong The Manor Trust Bedhampton acknowledges that its Trustees are not paid and received no private bonefit from the Charlty and that no Trustee or person connected wlth a tnjstaa recelvad any banaflt from contribution or donations given tolhe Charity. In the complling of this report theTNstees confirm that they have had regard to the Charity comm1flon'S guidance on public benefft. The Manor Trust is not subject to a statutory audit requirement and as such this is a summary of Ihe athievements of thè Charlty during the year 2025 in relation to its objectives and the impact on its beneficiaries. [Swnature] Slephen Kerslake Trustee Chair of Board of Directors arKJ Truslees
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MANOR TRUST BEDHAMPTON Indep•nd•nl •xamln•rfs roport to th• truste of Tho Manor Trust Bedhampton Company.) I raport lo thg chartty trustees on my examlnatlon of the acciwnts of the Company for the year ended 31 December 2025. RpOnSIbIl1ueB and ba81s of r•ptsrt As the Charitys trustees of the Company (and also its dlrectors for th6 purposes of Company law) aro resw)n8ible for the preparation of the accounts in accordance the requlrements of the Ccffnpanles Act 20061'the 2006 A¢VI. Havkng SO0ed myEelf Ihat the aGcounts of the Company are not requlred to be audlted under Part 16 of th 2006 Act and are eligibla for indeppndent examination. I repxjrt in respect of my examination of your charlty8 8ccounts 88 Qaffvad out undar Secn 145 of the Ch8rities Acl 2011 {0 2011 Acv). In caing out my examinaOn I have followed Ihe DIron5 glven by th8 Charlty Commissirffj under Secllon 145(51 (b) of th 2011 Acl. Ind•p•ndent •xgrnlnorfs stst•mnt Sir9 your charitys gross income 8xc8aded £250.000 your examingr must be a momr of a 'Sted bty. I ¢an ¢onffm th l am qualified to undèrtake the examinatlon because l am a mwnbgr of the Insthuta of Chartered Acc(yJntants in England and Wales. which is one of the listed bodies. I hav8 Compl my axaminalon. 11nfvM that no matters have come trj my attenlkn In nneCfi0n 1th the oxamlnalon gmny m8 cau86 to beIve.. accountlng rgcords w9r9 not kept in respgct of the Company as wulred by Sedion 386 of th$ 2006 Act: or the accounts do nol accord th08e records. or the accounts do not compty with accountiro requirements of Secilon 396 of th9 2000 Act olhgr Ihan any requirement that the a¢counts give a tfUQ and falr view vknlth Is Tr)t a matter consklered a8 part of an indep8fK18nt examinatsDn" or the accounts have not been prepared In acrdanCe with the methods and princlples of the Ststemenl of Recommended Pract¢ca for acojunting ond rgwting by chariues (appSlcable lo charities preparing thr accounts in accordancè wHh th6 Financial Reporltng Stan(lard opplicable In the UK and R8put4lc ¢rf Ireland (FRS 102)). I have no concems arKI have come acros8 no other matters In connecflon vth th8 oxaminallon to which attention shwld be dr8vm in this report in order lo anablo a proper understandlng of the aounts to b8 reachod. S Ma(ie FCA Morris Crockor Chartergd ACcntontS Lake Houso 2 Port Way Port Solant PDrtsmoulh Hampshir8 P06 4TY Pago 7
THE MANOR TRUST 3EDHAMPTON STATEMENT OF FINANCIAL ACTivrriES (INCORPORATING AN INCOPAE AND &XPENDITVRE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Tot81 funds 2024 Total lunds Unrestrkaed Re8trf¢ted fuNJ fund8 INCOME AND ENDOWMENT8 FROM Donalions Igg8GigS 12A20 13,808 6,274 Ch#rltablg aGtlvltlgs Charitable activitie8 729.412 729.412 729,430 Olher tradlro activrt In¥èstm8nt incomè 3.826 3,826 3,427 4,967 5.949 Total 747,781 5,214 752.995 744,098 EXPENDITURE ON Ralslng fvJnd8 1,168 Charltsblo actlvlti Charitable a¢tie$ 757.402 2,637 760,039 680,929 Total 757.402 2.637 760.039 682,097 Not gains <Jn InvB8trnents 7.764 62.744 NEf INCOME 45,359 10,341 55,700 88.537 RECONCIUATION OF FUNDS Total fund5 brought foThvard 1,231,332 120.693 1.352,025 1.263,488 TOTAL FUNDS CARRIED FORWARD 1,276,691 131.034 1.407,725 1.352,025 The notes fcfm part of th888 flnandal 3tatem6rts Page 8
THE MANOR TRUST BEDHAMPTON BALANCE SHEEr 31 DECEMBER 2025 2025 2024 XED ASss Tanglbl8 assets Investh)6nts 13 14 S09,096 747,455 507.779 684,711 1.256.551 1,192.490 CURRENT ASSETS Deblws Ca$h at bank aThJ in horby 15 31,235 176,175 8.867 233.343 207.410 242.210 CREDITORS ounts falling dua wlthln on8 year 16 (58,238) (82,6751 NEf CURREKf ASSETS 1S1,174 159.535 TOTAL SEr8 LESS CURRENT LIABILITIES 1.407,725 1.352.025 NET ASSETS 1.407.725 1.352.025 FUNDS Unrestrfcted funds R83trGtsJ funds 18 1276.691 131,034 1.231,332 120,693 TOTAL FUNDS 1 A07,725 1.352.025 Tha charllable company Is onlllled to 8xempUon from aud undar Secth)n 477 of th8 Companles Act 2006 for the Jwr ended 31 Cwmber 2025. Tho m8mbgrs hav8 not required the company to obtain an audit of Its finan(xal stat8m8nts for the yw 31 De¢emb¢r 2025 In accord8nc6 wtth Seclkfft 476 of tha Companlès Act 2006. trustees anOW19dg8 th8lr responslblllttes for gnsuring that th8 Charitab company k8eps accounllng roc(d5 that Mp*&h S8cllons 386 and 387 ofthe Companiès Act 2(IJS and Ib) preparlng finandal stalements whlch gfve a trua and falr vlew of the stste of affdr8 of the charftable company as at the gnd of each financlal year and of Its surplus or dofidt for each flnanclal year In a(rdanc0 wth the requirements of S8cfions 394 and 395 and whh otherpMsB cOmY wth the requirements of the Companles Act 2006 r8latkng to Ilnandal statèments. so far as appllcable to the chaiitable company. lal Th6 rth fomi part of Ihese flnandal statements Page 9 continu&J...
THE hlANOR TRUST BEDHAMPTCIN BALANCE SHEET- contlnu•d 31 DECEMBER 2025 The88 financlal 51al8ments have been prapared in acrlxdance wlh the provisions applicable to ch9rit8bl8 companies 8Ut4ect to the small companles reglmo. Th8 fi ncial statements were approved by the Board of Truste8s and authorfsed for issue on 202-a.... and werg swdned on its behaw by. C Kerskike- Trust99 The not95 fcrn part of tha50 fin8ndal $18tsments Page 10
THE MAtr40R TRUST BEDHAMPTON CASH FLOW STATEMEiir FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Cash flows from opgratlng actlvlti Cash generated frcKn operatic$ (fJ),990) 61.267 Nat Cash Iu8ed inyprovKled by 0ratIng aclmties (60.990) 61,267 Ca•h Ilow• from InStIng athlt108 Purchase of tsngible fixed assets Purchase of fixed asset inv8$knts Sal8 offart asset Investments Interest recpjved (2.1271 {540,0431 541,209 5,949 Net cash protrI by invegting acdviU88 3.822 6.133 Chang• In cash and cash wulvalonts the rnp0rng peri*)d Cash and ¢ash aqulval•rbts at th• boglnnlng of th• roportlng rIOd 157,168) 67,4) 233.343 165.943 Cash and cash aqulvalonts at tho and olth• r•portlng porfod 176,175 233.343 The rleS fomi part of the88 financial 8tatsments Pagg11
THE MANOR TRUST BEDHAMPTON NOTES TO THE CA8H FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025 RECONCIUATION OF IET Tr4COME TO NEf CASH FLOW FROM OPERATING ACTIvlEs 2025 Not Incomo forth• r•portlng p•rfod (•s perth• Sl•tomoni ol Flnanclal Athltlos) Afljuskn•nt8 for. Depreciation charge Galn on investments Interesl receNed Ilncw$eyde¢r6ase in debtors IDecreasaYincr8ase in credttors .700 88,537 810 162,744) 15,949) 122.368) {26.439) 407 (26.536) (4.967) 1,541 2285 Not ¢ash (used In)Iprovld•d by oporntlon8 {60,990) 61.267 ANALYSIS OF CHANGES IN NET FUNDS At 1.1.25 Cash flow At31.12.25 Not rAsh Cash at bank arKI kn hand 233,343 157,1681 176.175 157,1681 176.175 Total 157,1681 176.175 Thg note¥ fomi part 0fth financial statements Page 12
THE MANOR TRUST 8EDHAMPTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POUCIES Basls of pr•parlng the Ilnanclal sLments The llnandal Etatemenls of Ihe charhablg company, vthlch a Publ enuty under FRS 102, have been pr8p8r8d in accordanco with the Charities SORP IFRS 1021'Accounllng and Rèporting by Charltlgs: Statement of Recommended Practlce applicable to charities preparlng their accounts in ac(thance with the FlnancSal Reportlng Standard appllcable In the UK and Republtc of Ireland IFRS 102) (effective 1 January 20191,, Flnancial Reporting Standard 102'The Financial Reportlng Standard applicabl8 in thg UK and R8pUbl of Ireland. and the Companias Act 2006. The financlal statements have been prepared under the historical cDst (x)nvenlion, th thg excepti(m of invgslments whKh are Included at morkel valu8, as modffled by tha rovaluatton of cortaln assets. Golng conc•rn The trusts8$ rpJnslder that there are materfal uncertalrrtle8 about the tharftys abllty to contlnue a8 a going L¥)ncem. In¢omo Al Income is TeoTr3nised in thg Slatem8nt of FinancAal Activit once th8 charity has 8ntill8mont to tho funds, it is probabb that the incom8 11 ba fVOd and th6 amount can bè measurèd roilably. Expendltur• Liabilities ar9 re¢ognised as expendre as soon as th&r8 18 a leoal or constnth& oblgatk)n committing the charfty to that expendlture, 5t Is kYobabk8 that a transfer of Oconomlc ben8ffts wlll be required in satt18ml Bnd the amount of the obllgatbn can bo maasur8d rallabty. Exp8ndltur8 Is occ(wnlod for on an accruals basis and has been d85slned urKler headings that aggregate all cost reEaled to th& Category. Where costs cannot be dlmcdy attrfbuled to partlc#Jlar h8adlng8 they ha been 811oc818d to acilvltfes on a basls consL8tent wSth the us8 of resources. Tanglbl• fix•d a•8et• DepreCIaOn Is provlded at the followlng annual rates In order to wrlte off each asset ¢Jver tts estimaled U88ful lrfo. Hou8e$ equipment Other admin equipment B¢dhampton Hlstorlcal Colladion Computer eqU)Mont 20% on Cost 20% on ¢))st 20% on cost 25% on cost ed assets cosllng £5C#) or more are caprta1188d at cosL Taxation The ¢haiity b ex8mptfrcth CortIOn tsx on charltable actMtI6s. Fund •Gcountlng Unreslri¢ted funds ¢an b& used In accordance wlth rtharftable objedves al the dlscrdon of the Irustse8. Restriclad fu18 can tfj Usad for p8rtieAJlar restrict8d purposes within the objects of th8 tharlty. Restrfcuons aiise when specified by the donor or when funds ara rais for parti¢ular rtistrth purposes. Further explanatlon of the nature arnl PUTpo8e of fund 15 includgd tho noto$ to tha fin8nd8l statsments. P•nslon costs and oth•r p01tOt1r0fiwnt bonefhs The tharilable company operates a dgfined conlributitin pension scheme. Contrlbutkjns payabla to the thartlable companls nS)n scheme are chargod to the Statemènt of Flnanclal Athides In the P8rfc<J to vthl¢h they r*te. P8g8 13 continued...
THE mA0R TRUST BEDHAMPTON NOTES TO THE FINANCIAL STATEMEln - ¢onllnu•d FOR THE YEAR ENDED 31 DECEMBER 2025 AccoupillNG POUCIES - contlnu•d Flnanclal Instrum•nts The Ghorlty onty enter5 Into ba81c financial in8truments tr8ns8ctiony that result In the r8co9nlUon of financial assets and Ilabilbtses like trade and other accounts r8ceivoble and payab18 and inve8tments in 8t(*ks aNJ shares. The mea5urgment ba3 usgd for thesg Irthments is dètailed bo1¢)W. and ¢ash at bank Trad& and other debtors aro rwni$e(l at th6 SeMent amount due after any trade dL8count offered. Propayments are valuad at th8 amount prepaid net of any trade dlsci)unts due. Cash at bank and In hand inclLKled Cash hold ¢)n d8posII or in a current aCunL Cr8ditors and provisio Credltors and PmiBion8 are rec¥Jwlsed re the tharlty has a present oblallOn resuluw from past evenl Ihal vall probably result in Ihe transfer of furKls to a thlrd party and the amount due to setue the oblat)n ¢an be measured or estlmated rellably. Credltor8 and provlslon8 are normally recognlsed at their settlement amount after allowlng kn any tTad8 dlscounts due. InsIMonts Investments aro a fomi of basiG financial inslJument and are initAI rewni%ed al their transaction valuè and subwuentty measured at thair fair value as at the balance sheet date uslng the closlng quoted market price. The yta18menl of flnandal 8CtMUes Includes thg nel galns and losses ablskng on r8valuatlon and di8PO8aL8 1hrough0 the yeor. DONATIONS AND LE13ACIES 2025 2024 Sundry dorbatlons received 8HL and subskllary donatk)ns 3.63 10.205 3,814 13.808 6.274 rHER TRADING AcnvmES 2025 2024 Fundralslng ev8nts 3,826 3,427 ItWESTMENT INCOME 2025 2024 Deposm ar)Unt Interest Dwidends rece 2.691 3,258 1.820 3.147 5,949 4.967 AJI inves1mt irto)m8 is derwed from assets hebj In United lfjngd(wn. Page 14 continued...
THE MANOR TRUST BEDHAMPTON NOTES ro THE FINANCIAL STATEMENTS - conllnuod FOR THE YEAR ENDED 31 DECEMBER 2025 INCOME FROM CHRABLE ACTivrriES 2025 2024 Thè Lixlga- Contrlbution8 from Resldents The Elms- Conffibut from Resldents Charitable tivitIeS 072,860 676,936 Charitable activit 56,552 729.412 729.430 RAISING FUNDS Inv•stm•nt manag•ment ¢ts 2025 2024 PortfvlK) management 1,168 CHARABLE ACTivmES COSTS Support (mls (8ae note 8) DIrt Costs Totsls Charltsble a¢e6 749,944 10.095 760,039 SUPPORT COSTS Manageme Charltabl8 actfvaS 10,095 Supwt Costs. included in thg abJve. arg as folk)ws: Man•g•mont 2025 Charftabl& acUv5tbs 2024 Total Repalr8 and maintenance wer ¢o¥ts PayToII charges AOUntanCyfeeS Legal and profe88ional Bonk charge8 Printing, postagg statk)nary Genoral expenses 1,004 2,210 3,506 102 1,152 2.144 3,048 95 300 5.137 3.181 10,095 11.910 Page 15 continued...
THE MANOR TRUST BEDHAMPTON NOTES TO THE FINANCIAL STATEMENTS - continuèd FOR THE YEAR ENDED 31 DECEMBER 2025 NEf INCOMEIIEXPENDITURE) Net irthm&l(expènditur8) Is stated after thargIn{CrodIikng). 2025 2024 D8preclatlon- owned 8888ts IrKlepgndent examlnefs foe 810 3.311 407 2,870 10. TRUSTEES. REAIUNERATION W4D BENEFITS There were trustees. rgmun8ration or othw benefits for the year 8nd8d 31 December 2025 nor for lh8 year 8nd8d 31 D8cambor 2024. Tru•t••8' •XP•M•8 DurirvJ lh8 year no tru5ta8s12024.' ncme} w8r8 r8lmbur8od out of tt expenw (2024: £nill. 11. STAFF COSTS 2025 2024 The LoJge- Salarie5 and wages The Lodge- sla1 security costs The Lodge- Paknn c08ts 493,569 45,409 7.352 415,241 21.374 6.500 The Elms- Sal8ri6s and wages The Elms- Soci81 securty costs Tho Elms- Pgnston Eosts 34.670 3,922 1,028 33.417 3,105 735 480.372 The average montNy numb8r Dfemployegs during the year was as follows: 2024 Rotir6mènt Imng No emphjyee recelved enKJluments In excess of £,000 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES unres1rfcl Restricted fund funds Total funds INCOME MD ENDOWMENTS FROM Donabons and scie8 6.274 6.274 CharltablB acifvltl•$ Charitable aCvItIeS 729,430 729.430 0th8r tradirvJ activities Inve8tsnent Incom 3,427 3.427 4.967 4,967 Tot•1 740.671 3A27 744,098 EXPENDrruRE ON P•Je 16 cijntinued...
THE MANOR TRUST BEDHAMPTON NOTES TO THE FINANCIAL STATEMEKfs- ¢ontlnu•d FOR THE YEAR ENDÉD 31 DECEMBER 2025 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTNmES- conllnuod Unrestricted Restrfcted fund funds Total funds Raksing fvnds 1.122 1,168 Charltabh actlvttlos Charitabte tiVitieS 680.929 680,929 Total 682.051 681097 Not gn$ on knvsslments 21,004 5,532 26,536 MEf INCOME 79,624 8,913 88,537 RECONCILIATION OF FUNDS Total funds brought forward 1.151,708 111.780 1.263.488 TOTAL FUNDS CARRIED FORWARD 1,231.332 120.693 1.352.025 13. TANGIBLE FIXED ASSETS Other admin equipment Freehcld Houses rty 8qulpm8nt COST At 1 January2025 Addibons S07.220 37,754 618 At 31 Decerntrr 2025 507.220 37.754 618 DEPRECIATION At 1 January 2025 argo forar 37.195 279 618 At 31 D8C8mbar 2025 37.474 618 NET BOOK VALUE At 31 D8cemb8r 2025 507.220 At 31 Decembar 2024 507,220 Page 17 c<Jntsnued...
THE MANOR TRUST BEDHAMPTON NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnu FOR THE YEAR ENDED 31 DECEMBER 2025 13. TANGIBLE FIXED ASSEfs- c¢ntlnu•d Bedharnpton Hisbri¢al Collaction Computer lpMent Tota COST At 1 January 2025 AdonB 347 3.974 2,127 549.913 2.127 At 31 Decembor 2025 347 6.101 552.040 DEPRECIATION At 1 January 2025 Charge for year 347 3.974 531 42.134 810 At 31 Decwnb8r 225 347 BOOK VALUE At 31 Decernber 2025 1,596 509.096 At 31 Oec8mbar 2024 507,779 14. FIXED ASSEf INVESTMEiirs Ustsd Unllsted Inveslmonts Inv8strn8nts Totals MARKEf VALUE At 1 January2025 RevalLthns 644,711 62,744 40,000 684.711 62.744 At 31 Decembar 2025 707.455 40,000 747.455 NEf BOOK VALUE At 31 Docomber 2025 7C17.455 40.000 747.455 At 31 D8cBrnb8r 2024 644.711 684.711 All a8W Investrnents are held YthIn Ihg Unbted lfjngdom. Unllsl8d InsIMOnts ar8: Bedhampton Holdiros Liniled- 40.0¢)J shares 40.000 40.000 Thorg Is no rY marketfor the8e shares. Pag8 18 conunued...
THE MANOR TRUST BEDHAMPTON NOTES TO THE FINANCIAL 3TATEMENTS- ¢ontlnuod FOR THE YEAR ENDED 31 DECEMBER 2025 15. DEBTORS: AMOUNTS FALUNG DUE wrfHIN ONE YEAR 2025 2024 Trade debtors Other deblors prymOnts 1,166 18,720 11.349 8,539 31,235 8.887 16. CREDrroRS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 2025 2024 Trade credtto Sodal securKy and other taxes Olher cr8dito AcuualB and dof8rr8d Income 2.878 6,784 39,044 7,530 963 13,573 50,511 17,628 82,675 Deferred Income represents income recefved In advance for cOrrJnS in th8 n8xt fnan¢i81 y80r. 2025 2024 Brought forward Amount raleasad lo InLThAng rgsourc4s Amount d8f8rr8d In year 11.193 {11.193) 13,572 (13,5721 11,193 11,193 17. MIALYSIS OF NET ASSETS BETWEEN FUNDS 2025 Total funds 2¢Y24 Totsl funds Unrestrict8d Restricled fund FLxed a$sets IrNeslments Currgnt assets Current liabibtses 509,096 636.871 186,960 (56,2361 509, 747,455 207,410 156,236) 507,779 684,711 242.210 (82,6751 110,584 20.450 1276.691 131.034 1.407.725 1,352.025 Pag8 19 continued...
THE MIOR TRUST BEDHpTON NOTES TO THE FIN4CIAL STATEMENTS- contlnu•d FOR THE YEAR ENDED 31 DECEMBER 2025 18. MOVEMENT 14 FUNDS Ngt movement In lunds At 1.125 31.12.25 Unrnstrl¢t•d fund$ Gèneral fund 1,231.332 45.359 1.276.691 R•strIct funds The Waterloo Rth)m Malnt. Fund- Income The Watorfc¥) Rrn Maint. Fund- Capital Bedhampton Hl8torfcal Collth)n The LrxJg8 Asso¢ialion Waterloo Room- RgpairlRefv PlcLJr& FraTnlng Educalonal talks 36,960 65,814 1,430 9,589 37.920 72.618 1.762 11,194 16 332 1.60S {40> 120,693 10241 131,034 TOTAL FUNDS 1.352.025 55.700 1,407.725 Net movement In fuThJ8, Indudad In the above are as foll. Incomlng resources Re8rAJrc85 Galns And Movement expended 888 in funds Unr•8trictod fund¥ General fund 747.781 1757.402) 45.359 Roslricted funds Th8 Wal8rf00 RL¥Jm Malnt Fund- Capltal Bedhampton Hislorfcal co1¢tn The Lodge Assockrytion Waterk)o Room- RepalrlR8furb Picture Frami Educaticmal tslkts (377) (2.220) 1401 332 1.605 140) 3,825 5.214 (2,63n 7.764 10,341 TOTAL FUNDS 752.995 780.039) 62,744 55,71)0 Page 20 contlnued...
THE MANOR TRUST BEDHAMPTON NOTES TO THE FINMCIAL STATEMENTS . ¢ontinu•d FOR THE YEAR ENDED 31 DECEMBER 2025 18. MOVEMENT 14 FUND8 . ctsntlnu•d Comparatlves for movmont In funds Net mmm8nt In fund8 Al 31.12.24 Al 1.1.24 Unrtr6trict•d funds Gener81 fund 1.151.708 79,624 1.231.332 Rethcted fvnds The W8tsrbo Room Malnl. FurKI- In¢ome The Wat6rfoo Rcom Malnt. Fund- Capital Bfjdhamptc Hist({Cal CollvKUon The Lodge Assochition WatsrlcL) Room- RetAirlliefvrt) Plcturg Framlng 34,720 62.568 1,430 6.162 2,240 3.246 36.960 65,814 1,430 9,589 3,427 111.780 8.913 120.693 TOTAL FVNDS 1,263.488 88,537 1.352,025 Compwakn net movement in fund8, included in th8 above ar8 as follty.' IncorThng resources R86(NJrces Gains and Movgment expend&J in funds Unroslrlcled fun Gengr81 fund 740,671 1682.051} 21, 79.624 Restrlct•d funds The Walerloo Room Malnl. Fund- cats1 Bedhamplon Hbtorfcal Colle¢tion Watertoo Room- RepairlRefurb 2,240 3.246 3,42T (461 3292 3.427 3.427 {48) $.$32 8.913 TOTAL FUNDS 744.098 {682.097) 26.536 8637 The Woterloo Room Man8Ce Income Fund - Und¢r the tsrn$ of a l¢ga¢y, Ihls in¢cMne arfslng from thg capital fund is to b9 appligd 50i9ty ts th8 maintenance of The Waterbo Rojm at Elms Watsrloo RM MaIntenara catal Fund - Under tho terW of a kgacy, ths is the capital fund PTovldlng tho Incomg. Bedhampton Hlstorfcal Coll8cUon - In memory of the late Cwthla Hoy. A beque8t of £50,fy)O was provlded from the estate of Mrs C D Hoy to create thls hlstorical collecuon. To th18 ha8 been added the proceeds of sale certain assets of Ihe eslate. intsrest eam8d on bank deFosit Mor0$ lent on secured knan. Waterfw Room - RepairlRefurb - this appeal is ongoing. and the are being raised to go towards Ihe repalr of Ihg WLR roof and redecorallng of the ancilLqry rwms in due course. Page21 continued...
THE MANOR TRusf BEDHAMPTON NOTES TO THE FINANcL STATEMENTS- conllnuod FOR THE YEAR ENDED 31 DECEMBER 2025 18. MOVEMEwf M FUNDS - Gonllnu•d Pkture Fran1 Sr)nsorshlp IBHC)- theso fund$ were roised by the Bedhampton Hlstorlc81 Coltecuon group to fund the reframlng of Some of th8 hlstorf(al colthlion piGluros at The Elms. The Lodge AsSodaOn- these funds are an accumulakn of don3nS from prevlou8 deceased Lodge resid8nts f¥miligs to The Lojgg r8sKl8nls. The fvnd 55 managed by Th6 Trust and is used to contrfbuta to Chii51ma5 gbns. etc. Educational Talks - the amounts received for thls fund are Spaufically lo help cover the costs of Fffjvtthng •Jdrt)nal edwInal tlks lo the publlG. 19. EMPLOYEE BENEFrr OBLIGATIONS Durfng 1ha yaw th8 charltable company operated a def¥ contdbution pertsKJn schem8 for it8 ampbyaes. Th8 charge for th8 y8ar was £8,380 {2024.' £7,235}. The amount outstandlng the schemè as the balance sh86t dats was £1.694 {2024: £1.4171. RELATED PARTY DISCLOSURES Th8re were no related potytran8adon8 for the year endsd 31 Demb&r 2025. 21. ULTIMATE coPRoLLING PARTY The ch*ltable company L8 not under wntrol ofan0r enuty or any one Indlvkjual. Page 22