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 slatsm￿l of Flnan¢lal Actlvftlès Balan(* Sh••t g to 10 Cash Flow Stat•m•nt 11 NotOS to the C￿h 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 ca￿ty 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 Go￿rnIng 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 oCCu￿ed 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 VIS￿OrS 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 tOt￿S 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 Pr￿dures 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 re￿IVed 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 Magnifi￿nI 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 y￿11, 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 su*ainability and contlnued use of the centralised d￿Urnent sharin￿stOrage 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[F￿r. 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 ￿V0￿ed 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 c￿11￿9 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 inveStm￿t 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 ackn￿edge 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 Wel￿e1ng 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 tOl￿t 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 comm1f￿lon'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. R￿pOnSIbIl1ueB 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 SO0￿ed 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 Sec￿n 145 of the Ch8rities Acl 2011 {￿0 2011 Acv). In ca￿ing out my examina￿On I have followed Ihe DIr￿￿on5 glven by th8 Charlty Commissirffj under Secllon 145(51 (b) of th 2011 Acl. Ind•p•ndent •xgrnlnorfs stst•m*nt Sir￿9 your charitys gross income 8xc8aded £250.000 your examingr must be a mom￿r of a ￿'Sted b￿ty. 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. 11￿nfvM that no matters have come trj my attenlkn In ￿nneCfi0n ￿1th the oxamlnalon gmny m8 cau86 to beI￿ve.. 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 ac￿rdanCe with the methods and princlples of the Ststemenl of Recommended Pract¢ca for acojunting ond rgwting by chariues (appSlcable lo charities preparing th*r 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 v￿th th8 oxaminallon to which attention shwld be dr8vm in this report in order lo anablo a proper understandlng of the a￿ounts to b8 reachod. S Ma(*ie FCA Morris Crockor Chartergd ACc￿ntontS 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¢ti￿￿e$ 757.402 2,637 760,039 680,929 Total 757.402 2.637 760.039 682,097 Not gains 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￿¢t￿n 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- ca￿ts1 Bedhamplon Hbtorfcal Colle¢tion Watertoo Room- RepairlRefurb 2,240 3.246 3,42T (461 3292 3.427 3.427 {48) $.$32 8.913 TOTAL FUNDS 744.098 {682.097) 26.536 86￿37 The Woterloo Room Ma￿￿n8￿Ce Income Fund - Und¢r the tsrn$ 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 R￿M MaIntenar￿a ca￿tal 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 Mor￿0$ 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 FINANc￿L 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 AsSoda￿On- these funds are an accumulakn of don3￿nS 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 edwI￿nal 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 D￿emb&r 2025. 21. ULTIMATE coP￿RoLLING PARTY The ch*ltable company L8 not under wntrol ofan0￿r enuty or any one Indlvkjual. Page 22