IAH CHARITY COMPANY LIMITED TRADING AS INDEPENDENCE AT HOME TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Charlty No: 1141758 Company No: 7620400
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME (A private company limltod by guarants8, with no Sharn capltall COMPANY INFORMATION Trusto08: Mr. G. D. Asto Ms. A Campb811 Mr. T. M. Carter" Dr. R. A. Davies Ms. A. Fitzalan Howard Mr. W. Francklin. Prof. J. R. H8fTOW Mr. M. Hunter Mr. A. R. Wl80n' 'Member of Finance Committee Company No: 7620400 R•glstered Charlty No." 1141758 R•gl•t•r•d Offlco: Congress House 14 Lyon Road Harrow HA12EN Audltorn: Alliolls LLP 3 London Square Cross Lanes Guildford. Surfoy GU1 1UJ Bank•rn: Bank of Scotland PO Box 1000 BX2 1LB Fund Man•g•rn: Evelyn Partner8 45 Gresham Street London EC2V 7BG C8zenove Capitsl Management 1 London Wall Place London EC2Y SAU Ralhbones Investment Manag8menl 30 Gresham Street London EC2V 7QN Chlgf Executlv•.' Mrs. M. A. Derbyshire Chlof Fln•nco Offlcor: Ms. K. Spooner
IAH CHARI COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME {A prlvate oompany Ilmlt•d by guarant•è, w5th no 8har& capital) CONTENTS Pago Trusteès, Report 4-16 Independent Auditors, Report 17-20 statement of Financial ActNilie8 21 Prior Year Statement of Financi81 Activities 22 Balance She81 23 Summary Income and Expgnditure A¢count 24 Cashflow Statement 24 Note$ to tho Account8 25-32
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME {A prlvate ¢ompany Ilmltod by guaranteg, wlth no sharg capltal) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 INTRODUCTION The Trustees, (who are also the Director81. present their POrt and financial statements foi the year ended 31 March 2025. AIMS AND OBJECTIVES The princip81 object of the Company is to support independence for people in neod right across the Uniled Kingdom who are living al home with a long-term illnes8 or disability. This 18 achleved by making grants of monoy. supplementary lo slalulory provision. which benefit people by ènabling the purchase of equipment, home adaptations, and other items to improve mobility, 88fèty, comfort, dignity and quality of life al home. The objects were amènded slightly lo add the relief of need. distress and hardship for th8 public benefit lo accommodate the partiGul8r requirarnenl8 of tho bengfKiarie8 of the Slaines Trust. SUMMARY OF ACTIVITIES Applications for gr8nls are received from health and soci81 core professionals. and from relevant harilies and organisalion8. We meet requests for grants from right across the United Kingdom, Our 8UPPOrt vaiies from person to pgrson and includes grants toward8 the cost of.. Moblllty and travel oqulprnont- for axample. powered wheelchairs, power 8dd-on8. rollators, Iherapeulic tricycles. portablg hoists. spècialist car seals and hamesses.. Dl•ablllty gqulpmont for u•e In the homo- fof example, epilepsy alarms, one-handed kitchen appliances, profiling bedo, 88n80ry equipment, and riser recliner ehairs,. Home adaptatlon8 for 4cc•88 for example, wel floor shower8, downstair8 exten8ions, stairlifts, scooter storage, heighl-adju$l8ble baths, and ramp8', Communlc•tlon8 equlpmgnt - for example, electronic m8gnifi6r8, speech aids, reading aids, large button phones, tablel$, and speci81ist computer $othvare', Uryent hom8 rgp•lrn- for example, boiler, roof and window repair$ generally for older people, lo help maintain health, warmth, and Security., E•s8ntlal hou•ghold oqulpmgnt - for example, a washing m8chino to 8UPPOrt Feople Ilving with incontinenee, or a relrlgeralor for storing vital medicines. or a bed to help ensure comfortable night's Sleep- vital for both physical and mental heakh., E88•ntS•l Iloorlng for example, laminate or vinyl flooring lo aid wheelchair mobility andlor hygiene, or carpel to improve enorgy efficiency and comfort. SUMMARY OF OUTCOMES The purpose of our grants 15 to maintaln active living. improve independence and well-being, and redLtce isolation for people living al home with disability and long-tèrm illness. Once again, this year's lop ouleomes- see list overfeof - have highlighted the dgsire to reconneel with friends and family, lo improve mobility and safety in and around the home. and lo access community support and facilities independently. Our grants have also refflecled the importance people attach to comfort and dignity~ and a good night'$ sleep- as well as an increased sense of calm and well-being. As last year. concems remain about the long-temi impacts of the pandemic, including on the mental health of the people our referrors are supporting. as reflected in the top outcomes listed overleaf.
IAH CHARITY COMPANY LIMITEO, TRADING AS INDEPENDENCE AT HOME (A prfvate company limitgd by guarantee, wlth no sharo capltal) TRUSTEES. REPORT {¢ontlnuedl FOR THE YEAR ENDED 31 MARCH 2025 Through OLtr grants, our benefi¢iaries were able, amongst othèr things, lo.. Increase connectèdness with family. friend8 and others,. Access community facilities independently,. Have a comfortable night's sleep.. Increase sense of calm and wellbeing., Improve mobility al home., Improve nutrition.. Reduce iisk of injury., Go from sitting lo standing easily and independently.. W#3hldry laundry at home., Acce88 external 5pac8', Join in outings with family.. Move around 88fely in the home., Bathe Of show&r independenlty and safely. STATU8 The Company 18 limlted ty guarantee (No.. 76204001 and a regi8tered Charity {No.' 11417581. TRUSTEES The Trustees who held offi¢e dunng the period were as foll¢)WS'. Mr. G. D. Astor. Ms. A. C8mpbg11 Mr. T. M. Carter. Dr. R. A. Davies M8. A. Fitzalan Howard Mr. W. Francklln. Prof. J. R. Harrow Mr. M. Hunter Mr. A. R. Wilson. 'Mernber of Finance Committee In May 2024, we were delighted to welcome Mr M Hunter as a Trustee. AJI Trustees give their lime freely and wilhoul any remuneration. Trustees are kept infomed of new internal and external development3 by regular reports. pr8senlation8. and the provision of infomiation that is relevant to the Charity and lo their work as Trustees. New Trustees are appointed by existing Trustees in order to enhance the mix of relevant skills and experience of the Board. Prospective Trusloes are provided with infoTmalion relating lo the aims of the charity, and the responsibilities of Trusleoship. and invited to meet fellow Tfusteès prior lo appointment.
IAH CHARITY COMPANY LIMITED. TRADING AS INDEPENDENCE AT HOME IA prfvate company Ilmited by guarantee. with no share capltall TRUSTEES. REPORT {contlnu•dl FOR THE YEAR ENDED 31 MARCH 2026 ORGANISA TIONAL STRUCTURE AND MANAGEMENT The Board consists of nine Trustees who meet at least hvice a year. The Trustees decide all matters of policy, determining strategic dir¢th'on, agreeing objectives and monitoring performance to ensure that objectives are achieved. The Board of Trustees is a851Sted by the Finance Committee, which also meets ice a year and whose r¢$ponsibility is lo considor financial i88ue$ in more detail and report back lo the Trustees. Responsibility and authority for running the day-lo-day affairs of the Charity 18 delegated to the Chiaf Executive, Melanie Derbyshire. Th8 Board d$¢ides the general poli¢y. 8pecrfic criterfa and largels for granl-m8king to ensure that they rallect IAH Charity Company Limited's aims and also advance public benefit. Trust8e8 have due regard lo the Charity Commission's general guidance al all lime8. IAH Charity Company Limited 18 commilled lo an oqual opportunitie5 policy. Grants ar8 made lo people on the basis of disability and need, r¢gardless of age, gender, ethnicity. religion or cultural background. RISK MANAGEMENT The Tru8lee8 consider that the principal risks lo IAH Charity Company Limited are as set out below, logelh¢r with the agreed approaches in milig81ion.. 1, Tho1 insufficient donation5 and investment income are rec&lved to fund ongolng Gh8ritable actwilies. The Tru8t688 have adopted an inv8slmenl polKy as slalgd below. and appoinlgd a Fundr8i88r, funded by the designalad Fundraiser Fund, lo miligale these risks. 11 is recognised that fundraising now plays a bigger and necessary role in the charity's long-lem plans lo have sufficient financial Ilexibility lo help the incr8aslng number of individu818 In need of as818t8n¢e. 2. That processing failures, fraud or major incAdenls impede the chority's ability lo function effectively, and thus to deliver rts charrtable objective8. or that, similarly, a failure to ¢omply with relevant legislation compromises the ¢hority's 8tatus and fvture. The Trustees have rgviewed such major strategic and operational risk8 to which the Charity is exposed and are satisfied that management reporting systems are in placg lo minimise the effects of such risks as may exist. Key policies and procedures are roviewed on a wular basi8 at Trustee meetings. INVESTMENT POLICY The Trustee8 of IAH Charity Company Limited have the power to invest in such assets as they see fil. All investment opportunities are chosen with due regard lo the lgvel of risk and ethi1 considerations. Evelyn Partners, Cazenove Capital Management and Rathbones Investment Managernent manage the charity's investrnent a5sels. The current ovgrall aim 18 to generate a balance behveen capital growth ovar the economic cycle and current incomg generation. whilst embracing 8 medium fevel of risk. An income yield of 2.1 % was achieved dijring the year. The Finance Committee meets with the Fund Managers regularly lo review investment perfomiance and strategy. Current a85et allocation guidelines allow for approximalety 50 90% investment in equities. 5 - 20% investrnenl in fixed interest inve$lmenls, and O - 10% in cash.
IAH CHARITY COMPANY LIMITED, T14ADING AS INDEPENDENCE AT HOME (A prlvato Company lirnitgd by guaranteè, wlth no Share capltsll TRUSTEES, REPORT Icontlnuod) FOR THE YEAR ENDED 31 MARCH 2020 RESERVES POLICY IAH Charity Company Limiled's reserves represent fund$ which are held either lo protect the long-lem future of its operation or are expected lo be spent in the short-lem. In the former category are the funds la5sified as i} Expendable Endowment Funds and ill Designated Funds. Expendable Endowment Funds, iaueen Square Fund IQSFI, Miss Dofftn Stsnlord Fund IDSFI, Slalnes Trust Fund ISTFI, The Ted Goslling Fund GFI, and Equipment for Independent Living Fund IEILII lolalled £7,168.672 al 31 March 2025. The first three of these were established on mer9er with tha former Chartered Society of Queen Square. the Miss Doreen Stanford Trust, and the Slaines Trust, and hold the fomier Society's and Trusts, assets. which were transferrèd lo Independence at Home and thence to IAH Ch8rily Company Limited. The Ted Goslling Fund w85 estsblished with a £1m grant lo IAH Charity Company Limited, received in July 2023 8pecrfically for granl-making over a period of len years. The Equipment for Indgpendenl Living Fund was established on merger with Equipmont for Independent Living Charity in January 2025 and holds the assets of the c108ing charity. The Queen Square Fund continues lo be inv¢$ted to provide income for granl-making lo b$neficiaries with neurological illness and disability. The Mi88 Doreèn Stanford Fund Is invested to provide incomg for granl-making to beneficiaries in accordance with the agreement made piior lo merger. The Slaines Trust Fund 1$ invosled to provide granl-making lo beneflclariès. including the fomer beneficiaries of the Staines TTusI180me of whom now live overseas). The Ted Goslling Fund is invested lo provlde grant- making lo bgneficiarie8 in the UK. The Equipment for Independent Living Fund 15 invosled to provide granl-making to beneficiaries for speciali81 disability equlpmenl. A contribution from tha Qufjen Square Fund, Miss Doreen Stanford Fund, Staines Trust Fund and Equipment for Independent Living Fund. after granl-maklng. may be used to meet a proportion of IAH Charity Company Limiled's operating eXn3è$. In addition, capitsl from the first three funds is used towards charitable octivilies, rf necessary. During the year. some £45,000 of capitsl from the Queen Square Fund, £15,000 capltal from the Miss Doreen Slanlord Fund and £15.000 from Stsine8 Trust Fund capltsl w88 $penl on such activi1188. The Founderf5 Fund - a designated fund - i¥ invested lo provido income to cover the annual running costs of IAH Charity Company Llmiled. If the income from this fund, and contributions from the Expondable Endowment Funds and other Unre8lrlcled Funds are together insufficient lo cover the co$l$, then the balance may b8 found from the pital of the Founderfs Fund. During the year, £18,114 of gpilal was used for this purpos8. The value of the Founder's Fund al 31 March 2025 was £644,751 Ilasl year £671,441). The Fundraiser Fund, another designated fund, was established following the endowment of assets from the Staines Trust Fund and is used lo defray the costs of Ihg dedicated fundraising function, over a period of five years. The value of the fund at 31 March 2025 was £3.329 Ilasl year £36,004). Funds which are gxpect8d to be spènt in the short-tem) are iii} Restricted Fund5 and iv) other Unrestridgd Funds. Restricted Funds represent unspent bolance8 on r6striGlgd donatn8 and expendable endowment income 91 year end, the majority of which will bg Spgnl within the next financial year. and lolalled £116,220 al 31 March 2025 (last year £133.431). Other Unreslricled Funds consi81 of legaeies, unreslricled donations and investment income which have not been spent in the current financial year and are carried fOard for spending on the Charity, objectives in the short to medium term. At the end of the financial year. these funds totalled £8.416 Ilasl year £7841 and represent free reserves. The Trustees believe that the current level of reserves is appropriate, in view of the uncertainty of future levels of both donated and investment income and given the demand for our $¢rvice. At 31 March 2025, total funds of the charity were £7.941,388 Ilasl year £7,429.267).
IAH CHARITY COMPANY LIMITED. TRADING AS INDEPENDENCE AT HOME IA privatg company Ilmltsd by guarantee, wlth no share capital) TRUSTEES. REPORT {contlnugdl FOR THE YEAR ENDED 31 MARCH 2025 GRANT MAKING Independenee at Home received a broadly similar number of grant applications in 2024125 compared with the previous year. Expenditure on grants was £536,742 enabling us to offer much-needed support 10 1,320 people with disabililiesllong-term illness during the year lo 31 March 2025. Overall, we have eonlinued lo see a rising tr&nd in the level of need, reinforcing our clear belief that there Is a vital. on- going role for the charity. BenefKiane8 U88d our grants lo improve independence, safety. dignity. and quality of Ilfe in and around their homes, and lo reduce isolation. Grant8 asslslod the purchase of equlpment and building work that were con8idered o$$enlial to enable each person and family to maintain active independent Ilving and covered a wide geographical spread. with beneficiaries living right across the United Kingdom., Country l Reglon 2024126 Nlimber 2023124 Nlimbor England - Region8 Greater London North East North Wesl Yorkshire & the Humber E851 Midland8 Wesl Midlands South East East of England South Wesl England - Total otl4nd Wal Northern Ireland Non-UK 227 33 180 17.20% 235 40 163 17.20% 2.90% 12.00% 13.64% 73 5.53% 84 6.20% 53 129 129 112 109 1,046 124 78 72 4.02% 9.77% 9.77% 8.48% 8.26% 65 121 131 93 103 1.036 136 103 86 4.80% 8.90% 9.60% 6.80% 7.60% 75.90% 10.00% 7.60% 6.20% 0.40% 9.39% 6.91% 6ASQA 0.08% Total 1,320 100.00°1. 1.364 100.00'/. Last year. the dislribtslion of our beneficiaries by age group, acr08s the wholo of the United Klngdom, and representing a widg range of elhnicilie¥, was as follows.. Age Group Children and young people between 0 - 17 years of age Adults beeen 18 - 64 years of age Adults betsveen 65 - 79 years of age Adults over 80 years of age 2024125 2023124 28.3% 26.0% so.s% 54.3% 1S.8% 14.9% 5.5% 4.8% In relation lo gender. our benefician8s were 55.0% male Ilasl year 51.9%), 44.3% female (last year 47.8%), and 0.6% "Otherf, (1881 year 0.3%). Our beneficiaries included 28.3% children177 or younger).
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME {A prlvatè company limlted by guarantee, wlth no sharn capital} TRUSTEES, REPORT {contSnuedl FOR THE YEAR ENDED 31 MARCH 2025 Beneficiaries had m8dical diagnoses including physical ond learning disabilities, neuromuscular and neurological conditions, vision andlor hearing impairment, the multiple conditions of ageing, chronic and enduring mental health problems. and lrfe-limiling conditions. We 8r¢ proud of our work and hopo the following example¥ show ju81 how important the provision of specialist equipment and other support is - not only for enabling independence for di8abled people bul 8180 for their health and hygiene. connection, comfort, and dignity. Our grants ¢onlributed towards th8 following items andlor works for beneficiarle$'. A. 19.3% Ilasl year, 24.7%) for spgclAI aqulpment for d18ablllty- for example, profiling beds, sensory equipment, riser. rècliner chairs, and also equipment lo help people with communication difficultiès and sen80ry impalrmenl lo keep in touch with families and Iriends and the wider world., 33.7% (last year. 33.4%) for oqulpm•nt to •upport Indop•ndont Ilylng at hom• e88enlial items for example, kitchen equipment, flooring. furnishings. and removal expenses - lo help people move to more accessible or Safer o¢commodalion and h•lp wlth addltlonal h•atlng and fu•1 costs lo ensure homes are dry and warm for those who are incieaslngly hou8et)ound'. C. 36.0% Ila81 year, 29.8%) for gqulpm•nt to Improve moblllty & travg1- for example, walking aids, powered wheelchairs, mobility scooters, spècialist Irikeshuggie$. hoists for whgelchair users, and ¢•r hame8s88 for disablgd children., D. 10.4°A Ilasl year, 11.6%) foT home adapt4tlon• for dlsablllty, and hom• rnpalr• for example, wet rooms, stairlifts, and ramps lo enable indepgndenl acce88,' 0.6% Ila81 y8•r. 0.5%} for fln•ncl41 •upport lo former Slaines Tru8t beneflclarle$. A total of 93 applicant8 Irepresenling 5.3% of the total of all applications T8ceived (last year 44, or 2.4%) fell oulslde IAH Charity Company Limited'8 criteria lor grant making and werè, regrgltably. refused. Despite these applications not megling oui remlt. wg were nonetheless plèased lo help 8ignp081 these applicants to other possible sources of support. APPROACH TO FUNDRAISING Independence al Home Is committed lo protecting donors and tho publlc. including vulnerable people, from poor fundrai8ing pra¢lices as required by thg fundraising sections of the Charities (Protection and Social Invgslmontl Act 2016. All fundraising aclivi11è5 for the charity are carriad out by charity staff, predominantly the Ipart-limel Fundraiser, and the Ipart-limel Chief Executive Officer. both of whom are members of th8 Chartefed Institute of Fundraising. Donations are used only on grant making unless donor explicitly provides otherwise. The Charity 1$ registered with the Fundraising Regulaloi and does not work with any commercial participators or professional fundraisers. All fundraising confomis lo recognised Standards. The Charity has not been made aware of any complaints aboL¢I its fundrai$ing practices. REVIEW OF FINANCIAL POSITION AT 31 MARCH 2025 The Charity's total income for the year ended 31 Mareh 2025 amounted to £1,237,877 (last year £491,374}, ropresenling income from the merger with Equipment for Independont Living 1£772,6181, investment incA)me, legacies and don81ions. Total expenditure for the year was £778,970 Ilasl year £752,741). The value of the Charity's investments al 31 March 2025 amounted lo £7,835.44211851 year £7,307.3891.
IAH CHARifi COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME IA prlvate company Ilmltèd by guaranto0. wlth no Sharo capltal) TRUSTEES, REPORT (contlnugdl FOR THE YEAR ENDED 31 AIARCH 2025 BENEFICIARY PROFILES We supported 1,320 people in 2024125- here arejust slx Presentative examples.. A 73-yearId woman diagnosed with Multiple Sclerosis and macular degeneration has no movement from the neck down, so needs full support from another person lo manage her needs. Carers support her both morning and afternoon, and her husband supports her during the day and overnight. She has mental capacity for all decisions. A wot room adaptatlon has enabled her lo manage her personal car8 needs botter and has also benefitted her earers. She is delighted lo have a bathr¢)om she can use and also 888- balore her sight d8terlorates furth8r. A 3-yearaold glrl has a diagnosis of Femoral Fadal Syndrome. giving rise lo extremely complex need$. She has significant congenital limb deformities. with extremely small limbs, resulting in delayed molorlfunclional development. She cannot sil herseLI up.. when placed in a sealed position she can bottom-8huffle bLtI has no means of indendant mobility other than this. Her leg deformilie8 are so severe that Shè Gannol sland on them and may need one fool ampulaling. Her aims arg extremely small, and she has few fingers, bul tries hord lo play with toys and feed herself. She had been as$ossed using a Birillo a ••ated moblllty ald. She was able lo sil safely on this and use her longerlmore functional leg lo push herself around her home. Sh6 was delighted by thi5 as She could move further and foster than when she bottom-8huffles. Sho will never b8 able to use a standard walkin9 frame. She and her parents were delighl¢d that She has been supported to purchase her own sealed walking frame. A 19-ye4r-old woman hos a medical diagnosis of Epidermolysis Bullosa IEBI, Cerebral Palsy. Epilepsy, and Prad8r-Willi Syndrome. Sha 1$ deaf and non-vgrbal, and doubly inconlinenl. Her disabilities have significant impact on h8r mobility, social inclusion, and peer inloraclion. Grant support to purchase an all-torraln power chalr has all¢)wed her lo engage fully with the deaf academy curriculum, lo access the Community. and lo develop independence ski118 - for example by attending festivals and going amping la favourile paslimel. Her new-found ability to interact socially is also improving her mental health. A 61-y&ar•old mgn experienced a stroke. He was discharged lo a care home initially and then allowed homg with a package of carg. He had reduced mobility in his right fool and a dense weakness in his right upper limb. His occupatlonal Iherapisl was keen for him lo havg a specially designed and safe klt¢h&n work •tAtlon lo help him prepa¥e food in the kitchen with thg use of only ong ami and hand. The work slalion has difforgnt equipment lo hold, peel and ¢hop food. This equipment has enablod him to prepara heollhy nulri110118 food for him8elf. A 59-y•araold woman with MND (Motor Neurone Disease) w88 8xperigncing falls and rapidly worsening leftlgg weakness. Whilst She had been assessed for a stsirlift, il was fe that she could sleep downstairs, 80 funding was denied. Howevor, the downstairs room was not big enough for a double bed which would have meant her sleèping Separate from her husband, which, under8tsndably, she did not want lo do. With grant support towards the cost of the 8talrllft she now has a safg and managèablg way of reaching her bedroom upstairs and is able lo eonlinue INing as she chooses. A 55.year•old man has multiple conditions leading him to struggle daity. He is certrfied as sevgfely sight impairod and suffers complications from diabetes. He has had toe ampulalions. which reduces hi8 mobility, and he is receiving dialysis for kidney failure. This combination leaves him feeling fruslraled. He 18 r8slrieled to sitting for long Periods of lime and is limited in what he can do dug to his sight loss. He is benefitting greatly by having an 81ectronlc magnifi•r lo enable him to read CA)rrespondence himself instead of relying on his family. He receives numerous medical letters in relation lo his many appointments and this device enabl8d him to manage his affairs for himself. 10-
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME (A prfvate company Ilmlted by guaranteo. wlth no share capltall TRUSTEES. REPORT Icontlnuedl FOR ThIE YEAR ENDED 31 MARCH 2025 REFERRER PROFILE Our beneficiaries aro 'referred' to Indgpendence al Home by health and social care professional$ including GPS, occupational Iheiapisls, physiolherapisls, speech and language therapists, social workers from local Social Care Tru51s, Citizens Advice. and other charilles and community-based organisations. Acting on the beneficiary's behalf, they will have sought lo obtain the support they needed from slalulory funding in the fir81 instance. Only if they are unsuccessful e18ewhere will Referrers turn to Independen¢9 al Home. However. we know that our Referrers are busy people, and that they ar6 working hard to reduce backlogs due 10 81aff shortages. With their lime lo advocate on behalf of their clients more reslricled than ever, we have sought lo do everything we can to help them, by making our website. online applicallon fom and submi88ion process as clear and gasy-Io-u88 as pos$ible. We have baen delighted to receive very positive feedback about the ngw System. EXTERNAL ENVIRONMENT Thoro are 16,8 million disabled people in the UK, representing one In four125%1 of the population (OWP, Family Resourc88 Survey 2023-24, publlshed March 20251. Furthermore. research 8h¢)ws that life costs more for people who are disabled. On average, households with 8 disablèd adult or child need an additional £1.010 por month just lo have the same slandard of living as other households. This 'oXtra cost of disability, is equivalent lo 67% of household income after housing co$18 ISGope, Di8abilty Prl¢e Tag, 20241. Thes8 addition81 co818 arise through having lo divert income lo pay for 8pecialisl di$8bility-relaled products and service5 - such as mobility aids, car or home adaplallon8, medicine8 and Iherapie¥, and (sometimes) more energy for healing andlor for powering medical equipment, In addition, over the pa8t few years, disabled peoplg have al80 experiancgd the increasing c08ts due lo the inflation and price increases which have impacted us all. So, di88bl8d people - and families caring for a disabled person - are. in atsGI, doubly di8adv8nl8god. The DWP Family Resources Survèy a150 shows that the largest impairm6nt groups in the UK arè people with a mobility impaimenl148%1, followed by people with mental health impairments - now increased to 34% in 2023124. It is worth noting that, for working-age adults, mental health impairment {48%1 18 also now the most prevalent impairment. followed by mobility142%). Data released in the Augu812023 UK Povety Report by the Joseph Rownlree Foundation consislenlly $how5 that households with a disabled person are more likely lo face hardship than others.. they are more likaly lo be in poverty, to have lower rates of employmont than households without a disabled person, and, often. face additional costs due to having a disability. This Joseph Rowntree Found81ion report remains current, and indeed il is supported in relation lo povety in the UK with this striking slatisth'c.. over half154%1 of all people in poverty livè in a family that includes a disabled person, (Social Metrics Commission. Measuring Povety 2024 (UK, 2023-241 These are the people who fety on us for help.
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME (A prlvats company Ilmlt•d by guaranto0, wlth no sharo capltall TRUSTEES. REPORT {contlnugdl FOR THE YEAR ENDED 31 MARCH 2025 INSIGHTS Our beneficiaries live in every nation and region of the United Kingdom. They are people of all ages and ethnicities, contending with di8ability. long-lerm Illness, and, for many, the multiple conditions of ageing. They are in dire financial need and find il extremely challenging lo obtain essential equipment or home adaplalions to enable them lo live independently al home. 11$1 technology has advanced, communication 8nd mobility aids fr>r people living with disability and long-tern illness often iemain out- of-reach becau80 of the costs involved. F8ced with multiple barriers to indep8ndenl living, and having tried, but failed, lo secure what they need from stalulory sources, our b8neficiarie8 $0 often find Ihemsolvgs falling through gaps in service provision. Their only recourse Is lo seek financial help from charities like Independence al Home towards the purchase of the ¥peciali8t equlpment and adaptation8 wh¢ch they noed, We know that we are often their last hope, This year, the most refarenced calegort88 of'prfmary medlcal condition, were.. ngurologlcal d1••41 and condltlon• - 389 grants, representing 29.5% of the total numbor of gr8nls awarded in the year (last year, 263 grant3, 19.3%)., 2. Autl8tlc Spo¢trum Dl8ord•r{A8DI, ADHD &A8p•ry•rn Syndrom•-258 gr8nls. 19.5% (last year, 228 gran18, 16.7%},' mental Illn•8• •nd m•ntal h•alth ¢ondltlon8 14.9%). 127 gr8n18, 9.8% 118st year. 203 grant8, 4oplicallon8 for grants relating to n•urologlcal d180•8•• and condltlon• were dominal8d by specialist disability oquipmenl and home adaplalions, and by mobililyllravel-relaled equlpmonl os people sought freedom from i801alion in their desire to got back out Into their communille8. During 2024125, there wa$ a further increase in the total number of children and young people being r8ferred to thè charity. Children with a diagnosis of •utlstlc Spectrum dl¥ordor, and other genetic disorders, learning dls8bilily, andlor cerebral palsy can have their day-lo-day livos made easier and more comfortable by appropriately designed specialist tough furniture. harnesses, and pushchairs. Trikes with posture supports and lighaIght manoeuviable wheelchairs enable vilol therapeullc 8Xgrcise, leisure and Sporting activities, all of which makes a hugg difference to thg lives not only of the chlldren bul also of their families and Garers. Once again, the Ihiid most referenced calogory was montal Illn8•8 and mgntal health condltlons. typieally reloling lo adults of working age. Many grant request$ on behalf of thi5 age group war¢ for essential household goods, reflecting people being rehoused in more acce88ibl8lsafer accommodation, which. in some cases, followed emerggncy ho8pilalisalion8. Beyond the 'lop Ihroe. medical conditions, mu8cular•k8lotal d18ea8èB - 120 grants, 9.1 % are also of note. refiecling the growing number of applications citing arthritis, rheumatoid arthritis, osteoporosis, low back pain and fibromyalgia affecting muscles, bones and joints. During the year, the number of applications on bghall of elderly poople increased, whilst the number of applications for home adaptations and repairs remained steady. In summary, the challenge of providing supp)rt in these increasingly difficult limes is one which everyone al Independence at Home wishgs lo meet, Its the very best of our ability. Wth the support of our much valued and incredibly generous donorn and benefactors, we l¢Jok forward lo continuing to enable peopl8 to INe independently al home. 12-
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME {A prlvate company limltod by guarantee, wlth no Share capltall TRUSTEES, REPORT {contlnuedl FOR THE YEAR ENDED 31 MARCH 2025 HIGHLIGHTS FROM 2024125 We operated our grant assessing 8nd awarding process for 51 weeks of the year, delivering the resu118 reportod on earlier- see pages 8 and 9. In addition, we completed 5uccessfulty thè introduction of our n8w digttsl syslern lo obtain beneficiary and referrer feèdback on our application process and on the impact of our grants. We are now receiving 'rich data, both quanlilalive and qualitativ8 which 1$ enabling Lts lo measure and evaluate better the impacts of our work and target service improvements based on the detailed data and trend analysis. Her818 lu$1 ong gxample of recent feedback from a r8fgrr9r'. 'This grant has b8en lif6<h8nging. The Riser ReclinerChairh8s en•blod Mrxto be able to get on/off il ind8pend&ntly, to sil in comfort without th8 risk of pressure sorns dgveloping, en8bling him to elev8t8 his legs lo improvo c118t10n and dig8Stion by being in a good. s88t8d position. As Mr X Is no longer isolated, this has impmved his well-being. HAS mood has lifted whh in lum has had a positive impact on his family. Prior to this, he was confi'ned to one room as he was only able lo be sgaled in his bed upstairs. Now he cèn sil out in tha living room and eng898 PIDP8rty with his family Including his grandchdren." This remind8 us all if we needed il that gach grant award is about so much more than lust the equipmènt or adoplalion itself. Wg are 0180 delighted to report the very positlve news of our morger wllhlacqul$ilion of the charity Equipment of Independent Living whose objeclivgs were demonstrably similar lo our own. The transfer of a$sg1s. through a mutually agroed Grant Deed, concluded al the $nd of January 2025 and these funds are now retained 8nd managed by Independence al Home as th8 'Equipmenl for Independent LNing Endowment Fund, . see page 7, This fund is already enabling us to continue the remarkable 253- year history of Equipmènt for Independent Living by providing grants 10 8UPPOrt adults in need of 8pe¢ialisl disability equipmant so that they can remain living independently al home. The fascinating history 1$ said lo include the fund being 8sl8bli8hed in 1772 by King George111 in order to provide walking sllcks and trusses. then becomin9 the National Trus8 and Surgical Appliance Society, before belng renamed 'Equipmenl for Independant Living, in 2000. Our achievements throughout the year including the con8id8r8ble undertaking of securing and completing this merger- were achi8Vgd through the hard work and dedication of our small staff teom lo whom we are mo81 grateful. PLANS AND 08JECTIVES FOR THE YEAR AHEAD AS a needs-driven and uger-focused charity which li8lens actively lo the indfvidual concerns and circumstances of its beneflciaries, we remain passionate about our work al Independence gt Home. We see dignity reslorgd - often through very modest grants - lo many people who had 108t hope of being part of their families and communities because of illnes$ andlor disability. Our service 15 ftexible and responsive, and we are available via email and phone. We invite applications for grants through our website which enables referrers lo access our support and lo apply quickly whenever there is a need. Furthemore. by operating our grants payment process on a weekly basis. we are able lo respond very quickly to vulnerable people. We plan that the charity will Continue to meet the needs of beneficiaries, reflecting the challenging external context, and our own insights. 13-
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME (A privato company Ilmited by guarante•, with no sharo capital) TRUSTEES. REPORT (continu•d) FOR THE YEAR ENDED 31 MARCH 2025 Our objectives for 2026126 include.. achieving or ideally exceeding our grant-making laTgel 011.320 grants of average value £410 from our own rosources and with vital don81ion$ from our geneTQUS donors who sharg our aim of helping those individuals who are most in nèed, and, in addition. lo.. research prospective funders, tsrgeting new donation$ of £105,000.. review requirements for additional resourcing to help meet growing demond. 2. developing and driving forwards our Programme of Growth and Sustainability through merger and development of slral8gic partnerships lo.. idenlfy organisalions which might wish to explore the benefits of a merger with Independence al Home, and thereby 8ecure their legacy.. engage with org8nisation5 which are winding up with a vlgw to them con8idering making Independence al Home 8 final granvdonation., 51renglhen relationships with existing strategic partnar$ and idenlfy new ones. 3. dolNering the next phase of our Digital Action Plan lo.. develop our uso of OL*r new digital sy81em lo obloin more 8clionabl8 beneficiary and referrer feedba¢k on our application process and the impact of our grants., extend our use of Salesforce 'Lighlning' lo support our fundraising aclivilies., 8ecuro funding lo upgrade our office IT equipment and sofv4are to meet the Ghalleng88 we face in 2025126 and beyond., strengthen our digital plarfoms and prosence, including updating our web81te. reviewing the Charity's Investment 8trale9y and policies regularly to.. ensure that they remain prudent and responsible.. continue to review inveslmonts a8 a formal standing Item al 811 Financ8 Committee meetings with the aim of generating income of al least 2.5% and Gapit81 growth. OUR GENEROUS FUNDERS We Org extremely grateful lo all our fundèrs, wilhoul whose generou8 SlJPPOrt we would not bg able lo make such a Iran5formalional difference to so many lives. We recognise that we are exceptionally fortunat& lo have a solid financial foundation for our gr8nl making so that we aro able lo achiève our objectives and respond Swiftty to cases gf people in dire need. We thank our funder8 for 2024125 fomally on the following poge. In p8rtieular, we are mo$1 grateful to our strategic partners including our major funders in the ye8r.' The John Armilage Charitable Trust. Th Dulv8rton Tru81, The Nationwide Community Foundation, The Hadlèy Trust, The Hargroaves Foundation, The Headley Trust, and several others who have chosen to romain anonymous. Once again. this ha$ undoubtedly been a challenging year for fundraising, and we understand that Charitable Trusts continue lo see a huge increase in the number of applications received from charities of 811 sizes. Indeed, we are aware of some of Ihg smaller charities being forced lo close, which of course makes it even more important for Independence al Home lo b8 able to help those indivkduals who are losing other potential avenues of vital support. However, with over sixty Trusts and Foundations supporting the charty on an annual basis, we remain optimistic about the fvture and very much hope that we will continue to benefrt from such tremendous support. 14-
IAH CHARITY COMPANY LIMITED. TRADING AS INDEPENDENCE AT HOME {A prlvata Company Ilmltod by guarantge, wlth no sharo capital) TRUSTEES, REPORT (contlnuod) FOR THE YEAR ENDED 31 MARCH 2025 We woro delighted that, during the year covered by this report. several of our loyal funders increased the v81ue of their annual donations to the charity. We. and our beneficiaries, greatly appreciate this continued generosty. As we look ahead and mark our milgslone 60th Anniversary year in 2025126, it is absolulety vital to u8 to bo able lo demonstrate th81 we enjoy ongoing and preferably growing 5UPPOrt as we seek lo encourage other funders and trusts to commit lo more 88cure longer-lerm grants. and strive to the best of our ability - lo keep pace with the needs. 11 is due lo our strong asset ba88 and the r&assur8nce of continuing, lorsg-term 8UPPOrt from our funder8 that we consider the charty lo be a going cone¢m. Wlh the help of, and in partnership with, like-minded Trusts and Foundations, wg expect to be able to continue to provide essential support for people living ot home with disability and long-temi illness through these challenging limes, and beyond. IAH CHARITY COMPANY LIMITED'S DONOR8 Independence at Home 18 grateful lo the following Trusts, Companies and Individuals who supported Independence al Home's work and clients so magnificently during the year ending 31 March 2025. The John Armitage Charitable Trust David Astor Lord Austin Tru81 B&Q Foundation The Bawden Fund 8enham Charitable Settlem8nl The18abèl Blackman Foundation Ca$lanea Tru81 The Alice Ellen Cooper Dean Charil8bl• Foundation Davi8 Ruben$ Charitable Trust The Dulverton Trust Dumbreck Charity The Enkalon Foundation The Findlay Charitsblo Trust Sir John Fi$hgr Foundation The Florence Turner Trust Gilander Foundation Miss Annie J l Gowerfs Charitable Tru8t Albright Grimley Charity The Waller Guinness Charitable Twst The Hargreaves Ftrundatn The John Harrison Charitable Trust The Headley Trust The Hi$wx Foundation The Hodge Foundation JTH Charitable Tru81 Sir Jame8 Knott Twst Lady Yuen Peng McNelc¢ Charitable Foundation The Lawson Trust The RS Macdonald Charitable Tru8t Marsh Charilablg Tru8t The Clare Milne Tru8t The Moneybury Ch8rilable Trust Mrs Smith & Mount Trust Murphy-Neumann Charity Company Limited My Name'5 Doddie Foundation Nationwide Community Foundation Will Page l Noble Jack8 Gerald Palmer Ellng Trust Company Suzanna Peaka Charitable Trust The PF Charltsble Trust Sir John Prie$lman Charity Trust The Rolhley Trust The Row Fogo Charitable Trust Anonymous donors 15-
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME (A prlvate company limited by guarantee, wlth no share capitsl) TRUSTEES. REPORT Icontinugdl FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees, Iwho are also the Directors for the purposes of company lawl, are responsible for preparing their Trustees, Report and the financial stalernenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requir9$ the Trustees lo prepare financial stslements for each financial year which give a true and fair view of the slate of affairs of the Charitable Company and the incoming resources and appliealion of resources, including the income and expenditure. of the charitable company for that period. In preparing these financial slalements, the Trustees are required lo.. select suitable aceounling policies and then apply them consislenlly,, observe the methods and principles in the Charilles SORP., make judgements and e8tim81¢$ that are reasonable and prudent., State whether appliGablo UK Accounting Standards have been followed. Subject to any material departures disclosed and explained in the financial stalem8nts'. prepare the financial statements on the going concern b8S18 unless il is inappropriate lo presume that the charitable company will continue in business. The Trustees are responsible for keeping adoquale accounting e0rd$ that disclose with reasonablg accuracy al any lime the financial position of the Charitable Company and enable them lo ènsure that the financial statements comply with the Companies Act 2006. Thèy are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. STATEMENT OF DISCLOSURE TO AUDITORS As far as the Trustees are aware, there is no relevant audit information of which the Company's auditors are unaware. Additionally, the Trustees have taken all the necessary steps that they ought lo h8ve taken as Trustees in order lo make themselves aware of all relevant 8udil information and lo 88t8blish that the Company's auditors are aware of that information. The annu81 report s¢t out on pages 4 - 16 was approved by the Board of Tru8le85 al thgir mgeling on 30 June 2025. Slgned: Davld Astor, Chalrnian and Trustee 16-
IAH CHARITY COMPANY LIMFTED (A prlvatè company limitod by guarant•e, wlth no sharo capltal) INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF IAH CHARITY COMPANY LIMITED FOR THE YEAR ENDED 31 MARCH 2025 Oplnlon We have audited the financial slalemenls of IAH Charity Company Limited Ilhe'company'l for the year ended 31 March 2025 which comprise the Ststement of Financial Aclivilies. the Balance Sheet, the Summary Income and Expenditure Account, the Ststémenl of Cash Flows and the notes lo the financial statements, including significant 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 Ac¢epl8d Accounting Practicel. In our opinion, the financial 8tal8menls', give a true and fair view of the Slate of the charllablé company's affairs as al 31 March 2025 and of ils incoming resources and application of resources for the year then ended., havè been properly prepared in accordance wllh United Kingdom Generally Accepted Accounting Practice,, and have been prepared in accordance with the requirements of the Compani88 A¢1 2006, Ba•18 for oplnlon We conducted our oudil in accordance with Inl8rnalion81 Standafds on Auditlng {UKI IISAS IUKII and applicable law. Our responsibilities under those stsndards are further described in the Auditor's re8pon8ibililies for th8 audit of the financial statements section of our roport. We are Independent of the ¢horilable company in accordance with the ethical requirements that ara relevant lo our audll of the rinancial 8lalements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we hgvo obtained is 8ufficienl and appropriate lo provide a basis for our opinion. Conclu8lon• rolatlno to oolng oonc•m In auditing the financial slalemenls, we have concluded that th¢ TTuslee8' U8e of thè golng concern bas18 of aGcounling in the preparation of the financlal statemonls is appropriate, Based on the work we have performed, we have not idenlrfied any material uncertainties relating to events or conditions that, individually or collectively, may ca81 significant doubl on tha charitable company's ability lo continue as a going ¢oncern for a period of al least tsvelve months from when th8 financial slalemenls are aulhorised for issue. Our responsibilitie$ and the respon8ibilllies of the Trustees Wlth respect to golng concern are de8cribed in thg relevant sections of this report. Othgr Inforniatlon The other information comprises the infomation included in the annual report other than tho financial slalemenls and our auditor's report Ihereon. The Trustees are responsible for thè other information contained within the annual report. Our opinion on the financial slalemenls does not cover the other information and we do not express any fomi of assurance conclusion Ihereon. Our responsibility is to read the other infomalion and, in doing so, Consider whether the othèr information 18 materially inconsistent with the financial slalemenls or our knowledge obtained in the course of the audit, or olheNise appears to be materially misstated. If we identify such material inconsistencies or apparent material misslalemenl8. we are required to determine whether this gives rise lo a material misslalemenl in the financial statements themselves. If, based on the work we have performed, we conGlude that there is a malgrial misstalemenl of this othgr infomiation, we are required to feport that fact. We have nothlng lo report in this regard. 17-
IAH CHARITY COMPANY LIMITED (A prlvate company Ilmitgd by guarantee. wlth no ohare capltal} INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF IAH CHARITY COMPANY LIMITED FOR THE YEAR ENDED 31 MARCH 2025 OplnionB on other mattor¥ pro8crlbed by the Companle8 Act 2006 In our opinion. based on the work undertaken in the course of the audit,. the information given in the Irusl8es' report for the financial year for which the financial 8lalements are prepared is consislenl with the financial statements., 8nd the directors report included within tho tru8leas' raport have been prepared in accordance with applicabl8 legal requirements. Matter8 on whlch w• ar• rgqulred to report by •xcgptlon In the light of the knowledge and understanding oflhe chari18ble company and its environment obtained in the course of the audit. we hove not identified material misslalemenl8 in the dlrectors, report included wilhSn the Irusteos, report. We have nothlng to report in respect of the following matters in relallon to which the Companla$ Act 2006 requires us lo report lo you If. in our opinion.. adequate and proper accounting records have not been kept. or returns adeqLtate for our audit have not been receivèd from branches not visited by us., or the financial slalemenls are not in agreement with the accounting record8 and relurn$', or certain disclo8ure8 of trustees, remuneration specified by law are not made.. or we have not received 811 the information and explanations we requir8 foy our audit.. or the trustees were not enlilled lo prepare the financial slalemenls In aecordance with the small companiey regime and lake advantage of the small companies, exemptions in preparing the trusl8es' report and from the requirement lo prepare a strategic report. Re8pon8lbllltlo1 of tru4ts•• As explained more fully in the tru8tee8' rèsponsibilities slalement. tha Iru51ees (who are the directors of the charitable company for the purposes of company lawl are responsibl8 for the preparation of the financial slalements and for bèing satisfied that they givg a true and fair view, and for such internal control as the Iruslees determine 18 nece55¥ry lo enable the preparation of financi818lalemenls that are freo from material misslatemant, whether due lo fraud or grror. In preparing the financial slalemenl8, the Iru8tee8 are responsible for assessing the charitable company's ability to continue as a going oncern, disclosing, as applicable, matters related lo going concern and using the going Goncorn basis of accounting unless the Iruslees either intend lo liquidate the charitable Company or lo cease operations, or have no rg8li8lic alternallv¢ bul to do 80. AudltoV• re8pon*lbllStlo8 lor th• audlt of th• fln•nclal •tatoment• Our objectives are to obtain reasonable assurance about whether the financial statemonls as a whole are free from matèrial miss18temenl, whether due lo fraud or error, and lo issue an audilcr's report that in¢lude5 Qur opinion. Reasonable assurance is a high level of assurance, but is not a guaranleg that an audit conducted in accordance with ISA8 IUKI will always delect a material mis$lalemenl when il exists. Misstalemonls can arise from fraud or error and are considered material if, individually or in the aggrogale, they could re880nably be oxpecled lo influenco the economic decision$ of users taken on the basis of these financial slalemenls. Irregularities. including fraud, are in81ances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to delecl material misslalemenls in respect of Irgularities, including fraud. The extent to which our procedures are capable of detecting irregularilie5, including fraud. 18 detsiled below. 18-
IAH CHARITY COMPANY LIMITED {A prlvato company limit8d by guarantaè. wlth no Share capltal) INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF IAH CHARITY COMPANY LIMITED FOR THE YEAR ENDED 31 MARCH 2025 Our approach lo identifying and assessing the risks of mater1 misslalement in respect of iTregularilie8. including fraud and non4ompliance with laws and r6gulalions, wa8 as follow5- the engagement partner onsured that the ongagemenl team eollectively had the appropriate competence, ¢apabililies and Skills lo identify or recognise nOnomPliance with applicable laws and regulations., we identified the laws •nd rggulalions applicable to the charitable company through discu8sv)ns with tru8lee8 and other management. and from our knowledge and experience of the nol-for- profil sector., we focused on specific18w$ and re9ulalions which we considered may have a direct material effect on the financial statements or the opgralions of the charitablg company, including the Compani05 Act 2006, the Charitlgs SORP, laxalion legislation and dats proleGlion, anli-bribery, employment. environmental and h8811h and safety legislation., We 8ssessed the extent of compliance with tho laws and regu18tions idgnlified above through making enquiries of managemgnl ond inspecting legal correspondence., and identlfiedlows and regulations wgre communicated within the audit team regularly and the team remained alert lo instances of non-compliance throughout the audit. We as8e8$ed the susceptibillty of the charitable Company's financial Statèmgnts lo materlal misstalgmenl, including obtaining an understanding of how fraud might oceur, by,. making 8nqulrie$ of Iruslees and m8nogemenl as to where they considered Iharo wa8 8usceplibility lo fraud, their knowledge of actU81, suspected and alleged fraud., consmlerlng th8 Internal control8 in place to mrtigale risks of fraud and non.compliance with18W8 and rggulalion8. To address the risk of fraud through management bia8 and override of controls, we.. perfom78d analytical pro¢8durgs to Klentify any unusual or unexpected relaltonships,. tested journal entri88 to identify unu$L¢al tran8action$'. assessed whether judgements and as$umptson8 made in detsrnining the accounting estimates were indicative of potential bias,. and investigated the ralionalg behind significant or unusual transaction$. In response lo the Tisk of irregularities and non-compliance with 18ws and regulations. we designed ProdureS which included, bul wore not limited lo.. agreeing financial statement disclosures to underlying supporting documentation,. reading the minutes of meetings of the board of Truslee$', enquiring of management as lo actual and potential litigation and claims., and reviewing correspondence with HMRC. relevant regulator8 and the charitable company'5 legal advisors. 19-
IAH CHARITY COMPANY LIMITED IA prlvate Company limited by guarantee. wlth no shar8 capital) INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF IAH CHARITY COMPANY LIMITED FOR THE YEAR ENDED 31 MARCH 2025 There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial Iransaclions, the less likely il is th81 we would become aware of non- compliance. Auditing standards also limit the audit procedures required lo identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspectn of regulatory and legal correspondence, if any. Material misslalements that arise due lo fraud can be harder lo detect than those that ari58 from error as they may involve deliberate Conalment or collusion. A further description of our responsibilities is available on the Financial Reporting Council's website al.. https'.IlwM.frc.org.uklaudilorsrosponsibilitses. This descriptKJn forms part of our auditor's report. Uso of our rgport This report is made solely lo the charitable company's members, 08 a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stale lo the charitable company's members those matters we are required lo slate lo them in an auditor's report and for no other purpose. To the fullest exlenl permilled by law, we do not accept or assume responsibility lo anyone other than the charitable company and the eharitable company's members a¥ body, for our audit work, for this report, or lor the opinions we have formed. Stgphgn Mor9dlth BA FCA DChA (Sonlor Statutory Audltorl lor and on behalf of Alllott8 LLP Chartered Accountant8 Statutory Audltor 3 London Square Cross Lanes Guildft)rd, Surroy GU1 1UJ Dale. 40 kn 15- 20-
LAH CHARThY COMPANY LIMITED ALANCE SHEET 31 hlARCH 2025 31 Mar 2025 31 Mar 2024 Flxèd A28•t8 Tary1b As5818 ImEsltnerrtS 10 7,835,442 7.307,389 7,835,442 7.307,389 Debtors Cash al bar 8j in hwrd 11 5,884 140,167 15.928 135.810 148.051 151.736 Cr•df(oro.' tholrts f81h' dl wlltin or year 12 140,1051 129,8601 N•t Currnnt •t¥ Total Not A8Mt• 105.946 7 941368 121,878 7,429 287 13 Tho fundB of tho chorty.. Eenyable ETr1ownt Fj Chartere(J Society of Squir• Mi88 Doreen Slarford F Slaiw8 Trwl Ted Go$iiiry FWKI EqLlpffftrt for Iepe1errt LIrg FurKI 3,178,008 1.149,255 1.244.388 888.460 728,561 3,225.332 1.171.762 1,255.558 934.955 7.168,872 8,587.607 Retsiricted.. Sperific grart$ E>perl8blg ETraowmert8 68,905 27.315 100.412 11e,220 133,431 Llveslrlcled.. Esignated furny (FoUrer5 Fu} De$igrkqted lurKI IFurKlraiser FLrtI Othèr •s1red 644.751 3.329 e71,441 36,004 656,496 706,229 Totsl ¢h•rty lund• 14 7 429 267 Tte$e finorrial $iaiemeDts hHve been prepared In accordarLe with provblorvj op11¢•ble 10 compgrl88 sibi8cI lo th& Smi mp8rie& wime 8rnJ In acc4[dae wh FRS102 SORP. Tke finaw#81 $141emrt$ on 2110 32 were appro%d by È08rd of Trwlee$ On 30 Jwo 2025 Brd w8r8 on I1r beh&V by.. l Dlroct Ch•rity No.. 1141758 Company No.. 7620400 23-
CHIRrtY COMPANY LIMITED SUMMARY INCOME AJ4D EXPENDITURE ACCOUNT 31 hlARCH 2026 31 Mr 2026 JI Mir 2024 Totsl VKDm2 from wrtirrtiry operalh) Total expeitle on contr operalb 465,259 IS60.0O51 491,374 1627.7971 N•t In¢onxll•xpendltur•l for th• yor bDftye tr•n•l•v• and lnV••tnnt goln¥llloii•sl 194,8261 1146,4231 Imstrnent aalm11$se6I Transfers trom e4JerKIBbk eloWMent 41,449 32,055 14•t Incoffi(•xpThdjlrO1 lor th• yor 68,944 104.934 CHRrrY COMPANY LWITED CASH FLOW STATEMENT 31 MARCH 2020 31 M•r 2020 31 M•r 1024 Not•• C••h Ilrthy Irom op•ritlny Caoh l8bs0rb8d by) 0ratY 329,147 574,020 ¢••h1guttlow> Irom owrntlno •ethtKI•i 320,147 574.020 Poymenti lo •¢quk• n¥ed 8u81• P4yThnt6 10 SCqre th8lm8ffl• 12,361.2241 RlIPti on a•knB of IrAYslmunt• 1,932,442 1,OS1.123 Irrtorngt 27,241 33.789 rth•d 122 8D8 Pl•t ¢•Bh q•n•rai•d fr+)m Inv••¢inq 1278.7331 1857,0131 14•t ¢••h lu••d knVq•n•rthd fiom Ilh•ncknq •CtfvkI N•t Id•¢v••*•lllncr•••• In tAih ind c•ih •quhf•t•nt• 50,414 182,9931 Cuh qTrJ cash 8quKYknts al 1 Apr 2024 196,288 279.279 Cash and ci•h •qufvAl•nt• •t 31 M•r 201J 248,700 198,286 Madt L4) of.. Cash at bar 140,187 135,810 Ca&h wtth Inwirrert myrAgw 106,533 60.476 -24-
LIH cHARy COMPANY UhlTED NOTES TO THE ACCOUNTS YEAR ENDED 31 IA4RCH 2026 A¢¢ounlkng Polklo• Company InfornlI0n IAH Charrty Compary L8 a pr81t ¢oTnpany limited by grante with rvj shar8 ¢aplal i)rporated in EwLr¥J aml Walps. Th comparty 1$ o roglstered ctrorrty. Tr registered office Cor¥re$$ $e. 14 Lyon Road, Pkrrrw, F1412EN 1.1 Accountlng conv•ntlon Th88e finar£ial st81&$ h# prepared wtth ¢trArly'J gorn doarnnt. Itro Compark& Act 2W6 arn1 "AccoLrfiw a1 Report by chBritS'. Slalewrrt of Rocommerted Prac1 appIrb to charit3 preparir¥J thir 8¢¢01rf$ in accordgrKe with Ifro FinarKl81 Reportiry St8TrJard appIab in IJ< aTrJ Rep11¢ of IreLgs)J IFRS 1021. l•ff•thM l JanuAry 20191. Th ¢h•rty is a PrtsN¢ Bewfft Errtty as dofmd by FRS 102. flnAncKIl ¥lat•m8rt8 oro prepared h 8i•rNrvJ, whh b Il I11 cwrery of t MoMi8ry amourrt in ttrnse fIn8MI gtOt¢merrt$ 4r6 lo •re8t £. The fina181 1181e$ hAw been prapored urn1•r It tr&tork81 co•1 rtrIk)n. Tr pri[PaI adopted are behjw. 1.2 Golng ¢on¢•m Al t lime of appromrg ttp f[nOlI1 slateTrnntS, Tmlees a r•aSOnab ¢ype¢lglK)n ItrAI comparty h•• adeq1• resourc85 lo Contin In operalloMI ex19 for tlx fortsme8b fLrtWg. th T¢tI•l conl1 lo adopt golrq tern basls of accourrttrg in pr¢porlryJ Iho fin331 8181¢nwttts. 1.3 Tanglbl• flx•d M••ts ¥[ dopr•clatlon Th8 cos10118t¥ble fW 8$sotJ ij wrllen off On • ilrAlght-Ir¢ b¥$ 0r t1r •illm8led lu1 Ib •1 f¢lkiw•'. Offlce Eqimprmrt 25% TM v8hk• boknv wtrlch et0 ar• Mt caphallsod b £51X). 1.4 Flx•d •K••t Inv••lm•nts Flxod as881 In$trS In 91•d Sre5. Iradgd b¢Th¥• 8rd gthlL8r Ily$1ntI iro valwd Inithlty •1 cost or subsequertty 41 f8ir vako Ithvlr mathel valLYI 8t ltr ye4r erd. Th8 8am8 Ire8lmerf Bpplkd to Lted unl988 foir ¥•1 ¢anMI be m888urad r81i•bty In whKh case K Is meo$iK8d al cost kn58 UnPAirmerrt Chaffjoj In 181r ore ie¢ognKied in Ml IwnWI•y4ordrtur•l for lh8 y••r. Tr•ro•¢tknrn ¢OBt8 gre 41 SrKmd. 1.5 Ca•h and cuh aqu4 Cayh ard c8sh eqLWObrt$ cash in Tr, depostts hokl al call wtth bar•, ottsr Irt-torM kN$lmorti wrth or11 molurtt& of thr•e morth or 88, ar Mrdrafts. 1.6 Fln•ncthl In•trum•nt A finar4 Irolrwn1 Li a ¢orrtract Ihwl gK•• rhe lo A fin&L91 ar11 of or frnltty ard o limrLI1 Ill1Y tr •qiriiy IrffjlFiiThrrt ol athr •rfrty. ¢omp8ry •18d lo appty provlgbm of Sectlon 11 'Bi8ic Flrortlal lrnlrmrt' S•¢lknn 12'0thr FinHncK41 prIrLant513$s, ol FRS 10210 all of tt$ fln•rdal hutr88. FIn&r irtslrLrrt1 are recoyrised in thg comp8ty• •tAi•merl of flngrKl•l pogKlon wt*n tho mP¥nY bo¢crn85 party lo cortrielu#l proyi5knrn of t Itk4trLrnnt. -25-
IAH cHARy COMPANY LIMfTED NOTES TO THE ACCOUNTS Icontlnu•dl YEAR ENDED 31 MARCH 2020 1. Accounllno Polkkns Icontlnuod) 1.8 Flnan¢l•l lrt•trum•nts l¢ontlnuodl Flnawlal a$$el$ aNI liabllit$ are oftstrt. with Mt amount& preserrted finartial Slaterront#, wn therg b o golty enfoi¢eabb rym 10 Sel eff t1 recogni88d amourrt$ aryl Ire L an lrtonthin lo settk on a rot ba$1$ or to realLse1Io asset arnj $Ottk• li8bihty 8imUttaMoty. Baslc fiTrancthl a880ts Ba$ linarKial assets, wlich tr8dg a1 otr arvj th aTrJ ba balar¢o$, Inftblty melld at traaCtIon prka iIkj1rQ Irorsactlon costs arvj are s88qrrtty carrd al wnortised Cost LtsiTrJ effect erast m8tW unb8$ t arraworrnt rxrojlitthes 8 finar£ire tr0r00Gllon, Wre Its tr4roaction rasured al t pre$errt of tl future rec61¥ diiceurted at 8 markgl rate of Irrtere81. FlmrrtI AS13 dassttled 88 rect8b wkNn om ye8r ar• mt srtIa. ew¥lc Ilnanclwl ILgbllttl88 Ba$1¢ fin•nGl IKgb1lrt, IrrlLhliro credRor$ 8r• rwnL8ed #i trsracllon Pr1 arr&room•r Gorffjlitutes a fInr1 IrartsBction, Wre debt lrntrLrnrt Is me88ured al preserd ol rec•ipts dlscoLrted at a market rale of Irdereit. Fin&rri81 liabrtN9S classrfk8d 0$ payobb wtthin #r Bre 1 Bmortlsed. Ebt Imlrunerrti ar• $thi•quTrrrtty Card al arnOrt9d ¢t, effect Irrt•rtsi fate rr•lh. TrAd8 cr•dttor8 are clla•lthi lo p•y lor oo&ai or Ihwl haw o¢qred In tM ordlrAry ¢OLne of ewralbrB from 8LppNers. Amour1$ pty•bkn •r• ¢I&5srfd as CLKrort payment Is within orn year or If rvjl, tW aro pre8¢rted 8$ Mfv¢urrerrt lbrtl. Tr8dg ¢rgditor$ are rewnlsed IlIaY al Iraroaclbn pr1¢• $th¢qrrtty mgiured at Amortned cost 1r9 tlp effe? lrtere$t rntst. D•rKognttlon ol Iln4ncthl lthblllil88 FItKqwl81 a$sel$ aro domeognlsed onty wh8n Its ¢orrtrgCtual rht$ lo caih from th8 OBS e>plre or ir6 $ellbd. or ttr eomparry Irarnfern t finarKbl ossth $thstantial all rkS 8j row8rd$ ol owMr¥h lo aThJIr entrty, or rf so synrfunt rks a1 r•wrds of rwmrshlp are r91a1 but cortrol ol th• 88i•t hB8 Iraroferred to alr party Ih•t 1$ lbkn lo itrll t 8ssel h h$ ent to On unr•lal•d thlrd rty. 1.7 kncomlng r••our¢ All 1mIr( r0r¢8• are I1•d In ltr slBlemrrt of resource$ trlY Is lo I IrrAme Omourrt bo with reasonab ac¢LYOW. Tts folthlrrfJ pec 8r8 applbd lo portkilar lfraorbi of Volwlary IKome Is by way of doMitiA, gThlJ ard Wckrys I1jed in IL41 In It Slllomerrt ol Fina181 Actmikgs wn rec••bkn. IMslffrrt i¢Me 1$ rtlw1ed wn reMryab. DonaliorA rece for t ger•r01 purpos0$ of th8 thartty ar8 Inclu#8d uN?Ilrted Iwdl. DOtr r•¢oTh•d wkh specrfic irtr(lIr$ #re It m$trKt•d fuNJ¥. 1.8 R•8ourcw oXPond8d Expe#e 1$ iecognknd on èn accNIl b88Y& 01 i Ilgbllty h Iurd arvj hai en ckn••ffbd uthr Wir81 ttrAt 1ogr•gal• 011 ¢0818 roted lo c41¢gory.' Costs of gernratlro fuTht$ are tho$e ¢¢sl$ iTurred n attr8Ctlr¥J wlurrtary IOme. charitab act I1¥8 grgrt eXpertUro. 5pOrt Costs aTrJ deprecwknn on related a$s&ts. Tr ¥LPPOrt C0515 ctrrprise co818 of pro¢es$lty or8r$ app1K8lrffj, managemetrt aryl •dmlii¥lr4lk•n wtrfch comprknes eperatKJry81 lime of runriw th8 charty rtseff. Staff co81s are ttheen furdrli5. Charitab 8CtMlb$ 8TrJ gorr on ttr• ofttro tv spent on each 8CtMty. GOrr¥ co$t$ irtfuo thJs8 £urred In th8 gmrnaw of charity ard it5 Asset& aThJ are prtharl aiwdated wtth coMllulh)nal ard slatthory r¢qremerrt$. 1.9 Grafits payabl Grarrt$ payabk ar• irK1j0d perh>J when arty reThI ty)rfrtK)rts are by the ro¢eMNJ ertty. GrartS offored 5thiect lo coThjrtrts whkh have rol been met al the year eTrJ are Th)ted a$ a Commitmrrt but mt aCcrd as eypBTrJrtwe. Resowces are In $LKh a form so as to enab each fuTh1 to be appld in arLordarc8 w*h ory reStrtiorS imposed. -26-
LIH CHARITY COWANY LWED NOTES TO THE ACCOUNTS IconVnugdl YEAR ENDED 31 W4R¢H 2025 Accounlkng Poll¢lo8 leontknugdl 1.10 Fund oB¢ountlng DelaNs of PLfp05e of eath fLThI are a$ foifth¥s'. Expondablè Endowmont Fund8 were ueated durirg year er¥Jed 31 March 2007 from 858ets Iratsferred lo lThYepeenC6 al HDme by Chartered S¢uely of QLwn Square, dLTiry the perlod eThled 31 March 2012 from assets transferred by t Ml88 Doreen Stanford TnAI. Irwme from the former may orfy be LBed lo make gr8nt5 to applltrAfrts vitth LT01091Cl problem5 lo 1P delrèy 0rhead of IF th8rily. IoMe from 11 laller may be e(l lo make grants lo appllcarts for spacffic itÈrns of eqLiprnent aTrJ 10 Flp defray the o¥rl8d5 of ttro thartty. An 8ddit1orJ erowMert of assets was tran8feried from tke sta1& Trt in May 2016,. lrtome from wNch may be ed lo make grarts. support ltre former berEfraaries of Slair¥>s Tru51 aTrJ lo help defray t of chBlity. Th Ted 00slliry FLTrJ, e8lablisl%d in 2023 L#)Jér # Deed of Gift, is lo be u8ed in appr0MalelY len equal Irartké$ In order lo award gr8ts over a leTry8ar period lo applicart8 who mÈei IlE gereral criliria of IrKlependenc8 81 l)me. A fLrIr eThYowmetrt fLTrY w88 cr8alad It year eed 31 March 2025 from 8$$el$ Irproferred from Eqtiprnent for Itepet Ll%lry tharily, ItxoTr frorn wNch m&y be wed lo make grams lo P£lp defray th o¥rk•dB of t charity. R•8trlctèd fund• qTe fLrd8 been gfven for p•rtScLlar PLfPO888 6et by th doMr¥. Del•ll• of wlu'ch h8 been dwiry t year are given in )le 15. Unr•trl¢t•d Funds Th• Found•rn Fund wws establisd in 1991 degnated by IhB Iruutee8 lo PrOde Irne ¢•pno1 reqLAredl lo delray arrnal rwrirvJ costl 01 crIY, Th• Fundr•l¥or Fund w89 e$iwbllJhod n 2016 from ILfKJB donoled from TnAt delNted lo d•fr8y th8 co8t$ of chadty's IraIler. Othor unr••trl¢t•d fund• coryrts¢ Ihole %dch Intytée• Ire fr•e to w In ieurdoru ¥th Il oble¢ts of chBrlly. 1.11 Empl¢>y•g b•n•flts co81 of uFu8ed h)Ndoy ertlll¢mert roctrJrIJ In pèrfod in wNclTr t en¥)Ioyoo's I me•W. Tennlnallon berIt$ ar• recogrds¢d Immedk4lety a& an when Itro comp•rty h demorntr1b CotIed to lermhale Its eryobymorrt of en amployee or to prode t¢miln•iion borfft•. 1.12 Taxatlon No Pro850n for1oy•llon artse3 on IrKomp of the CL¥ry)•ry lo Iij cArllabkg $l•lwa. 2. Crttkal aeeountlnq Mtkn4t•• #nd ludgwn•nts In t appli¢ollon of Ite charity's a¢cowffiry poNde8. t tr1¢$ ire reqred to m•k• ILI1genl3, e•llm•les 988impliorn about Smot of ¥¥sels arl 1labmllj sre Tr)1 readlly app8rert from olhar 8Dwcey. Tho e81imale8 ar gBsoryaled 888umplloro Dre b88ed on Nslodcal epener0 aTr1 Otr factors Ihal aro ¢onwder•d to be relevart. Adwl rells may dfffer fr¢m Iteye eBlim8les. T esllm8tei 8NJ 888kryiioro ero reeWed on Jn orgolry basis. RlDr lo accoLrtSro e¥limaleB 8re recogrtsed in perlod in wNth eslirnale Is reSed wPEre IPE re810n affeths orty period. or h thu perfod of fe perfod$ wlEre Itro re¥iglon 8ffects both cwreni at fthwe periods. CrMl¢•lludg•m•nts There are N falt11 ILjg•nr8 Ihot ore r•adity apP8rt from oltror extemal 8OLCts. K•y 8ourc•i of vitlm•tlon unmrttlnty Tl%re qre 888els or liHbilite5 Ih8t hakt reqiired g malerfal ac¢wirva estirnate lo b¢ m•dB by tho InJstee8. -27-
I cFipArrY COlAPP•4YLIMrrED NOTE5 TO THE ACCOUNTS Icontlnuldl Yellr Vnded 31 March 2025 Exp•nd•b Endo%%Th•rf• 31 2126 JI MarlD24 Funds Fundi FundB 177 670 772 618 1 087 828 1 087 828 202518 8n wcoptth81 year dL 10 a lrnMIEr ol erQwrt •••¢tsfrom EqLTrxrrtfor I•(r11 chllrlty, 1.10 Inv••trn•nt In¢om• JI 26 31 Mar3074 IrKom2 from4qLkni from Ted hterelll Interest from bBr 122,BOO 24,245 130,0¥¢ 28,1Q7 163 625 & Aknc4tlDn ol iUPPDrt. adffllnthtratkn •nd gov•rnanc• cNti thllrlty •1D¢•tes tt• iprt w•li In tr• l•t4è Sw¥ort co1 Ire ilbxatqd on i wKh t of Mbotte1. Chith4b Co•t Ty Fundr4th9 Grnnt aov•rnAn & iUPPDrt ol 2024 all¢¢•tlon 2025 44,8JO Jjs 91.369 3,499 lJ9.e88 833 11,070 16,94 12•,071 Fr411 Eym•• Act1 Actuil Actugl ActuAI 11,070 R¢rt, •loro9• •r oMc8 nK•TrIKe D•pr•d8Uon oIMr tsLPPOrt 3.190 12,7 16.129 0,579 11,688 12,017 29,762 30.813 197 12? 188693 Yar 31 Mlrch 2024 I. o19rnnt• payibl• 2126 2D24 Gr•rti lo lThJWL4111 ber AMMI (£1 grart• rI wo• lo 1,320 538 742 1.3 522 537 cor10 promh•d t¢ 4ppkff• bLrf LfOD4d al er ol y••r. ber Afflrt IE) ry GO•ts Ind Mthm•nt b•n•fft •ch•mi 2021 2024 129.e26 6.333 122,283 6,509 Empknyerfi nation IMLYiru coil& Empknyefj paym2rtJ In Fe&peEi of dBltsd wrAlon 139e8 131457 lolal •mLrt 01 £70.031 IZ024.' £87.S811 w41 pHld lo k•y nrgernan1 PW8ml tDr I1r lo rlty OPBr•tEs • defi ffton for ill eoOeS. of IK• 8thmo •r• tsyrate frorn t58 ol tr•rty In 4n epoartfy ¥dryAlIerQd fLrf. hjl oro alrrt4led to y•S1ctIO ¢hllritIb SOFA wthknrtsfweèk ewyees. lexTILhlty Tr10•fr•CttyS>. wa& rtwere ro •rnptyee$wtsJ rd mre It*n£eO,DOO dry ye•r12Q24- )). -28-
i& CHNJIITY COMPANY LIMITED NOTÈS TO THE Accoumfs Icontu•dl Y•llr ended JI March 2026 T¥ith•i' rernunDrnUrffl 4nd r•tst•d wrtytnn••ctson• Tr•Tt08B rec•W or reAmr8[wrt10r pe. ) Trwiee or othEr person rdllled tr>llk• Conwaty ary per1 Irter• 8ry ¢¢rtiaci orlrirAactbn ertw•& lrto by thv yw12024'. £rill. •. T4nglbl• flx•d a•••t• 2026 2024 Olll¢• wulpmBnl Cost 811 WII 2024 AddItn$ 13,6 13,520 286 CMI 4131 March 2025 B&lae al 1 Aprll 2024 ChJTge lur year Relelld on dlspNpli 4131 Morch2025 13,O3Q 13.4$3 87 288 Noi bak wlL It 31 Marth 2026 Ns1 bllok 1131 M•rch 24 e7 10. In¥tI 2026 2Q24 Mllrkel v•luJ •11 2024 Ad¢lllon¥ OWDBe16 Iytt•ado £1.932,4421011 £2.162) N81 taStd Ik)•w•llgr• M4rki luS 1131 March 2025 7.248,913 5.16P,7U2 2.561,224 1.871,981 11.931,8041 11.040,1531 445 323 7,248,913 7.72e,909 d•pxN •vAxrt• 108 $33 7 835 442 2020 2124 EqL4tK Flxed lrterfril Iwilrnnts C01h ky wlltan Irfvtibmrrt ,404,424 1.324,405 108,533 7 835 442 7 307 389 IrKbJd• IrgI In0 11.. lilrbL* ol l• ilawd afttl ary eTor9 IL 0.140,300 1.100,5e3 rpE8. 11. D•blOrn 2028 2024 OlkAr debto Preyyw•rt¥ Ir£cmE 3,14D 3.362 12. Cr•dltor• 1026 2024 Tr8dtr ¢reditor3 C18 ard defeed Ir TBxation acciol seorty 2,238 34,789 3078 1,068 26,795 29-
L•M cHwirrY COMPAt4YLImED MOTE5 TO THE ACCOUNTS Itontln¥odl Yoar Bnd•d 31 2025 oth•r UnM#trlct•d R••irkthd Exp•nd4bbB TrlIud• F¥nds Fund Fund• al 31 PAJr¢h 2025 8r• rewuented by.. TalA0 Flx•dN488tb 6S6.3IJ 233 7.180.12B 7,836,442 110220 116220 7 168 672 7041 3U 14. MovomDnt In Bthnc• 111-Iwr.24 Outgolng Tr•n¥l•r A•iour¢•• Ilou•• 314lar-25 R•strt¢t•d lund: To specK typ•¥ of b•réficlary TD Ipfrdflc ol •AFer¥Ji1 To ipedllcg•ogr8plk81 aieEi Irtow Irom EXpEae Total r•std0 Unrv¥tdGt•d fundi.. Foer$ Fw Dnled F101#r FL4)1 Olher IL• 39,071 72,OfpJ 74,600 31,070 177.6121 182.4691 148.goai 160,403L 32 065 )3.459 13,772 41,674 59.800 118220 871,441 36,004 764 706 229 128,1141 16081 644.751 3,329 154,8811 158 536 210606 1,3QO 1e5 045 Exp•nd•bh endoThnt fvnd•'. CtrArtered ol QwJ•n Ml•¥ Doiwn SLqrrfud Fthj styiw Ttyii FLTh Tao GlI1rj Fw E4pme1rt for I8p2r¢rt Ll41ry 3,22$,332 186.0241 122.8)81 122.e741 f8,700 a.176,OOB 1.149,255 1.244,388 88.460 1,266.656 934.B86 11,6D4 3B,412 8 6B7 607 ZI8,865L_A32 068J_ 7,188,J72 Tot•1 fund• 7 429 267 1 237 177 Prfory•4r Nb)¥•m•ni In fundi Bal•n¢• InMrnlng Outgolng 01-P•r-23 R•¥ourcN Ruouvc Trnn•f• Oalnl l•nc• 3l.Mir.24 R1Cted fundi.. To spvclfic ol brfthry To types of Yo &PBdTrc gaDgr4pN¢41 •r•81 Iorne from EypaThJ8bltt Toial re$ltea Ikths Unr••trfct•d fund•'. Deiignaied Foty•r• FL De9vJrwitd F{015er FLr OIK•r fmys Total 48.749 19.770 21.S92 30.000 71.000 57,420 131 930 330 350 137,8781 IBg,0371 39,071 5D,6DO 302 •59 859.220 27.302 1,798 131 846 f61 024 128,0691 183,3J11 273 415 127,3B21 40.280 l.ZO9 671.441 36.004 784 Exp•nd•bh Endommnt fund•: CK9rterqd Sodety ol QLwn sqr• Tl* Mi55 t%Jruqn Slirtsd Fw Slaims T1 FL Ted GGslNre Fw EqnE for Ir8r Fth J,017.$09 1.091.W7 1.178.334 1,000.000 229,OFg 87,687 84,354 13,684 3.225.332 1.171,782 1.255,568 934,955 ri.B121 (7.1301 176,7291 6 287 747 114944 6 667 807 rotil lunds 491 374 456 293 7 429 207
I CFi•ArrY COMPAy LIMrrED NOTES TO THE ACCOUNTS l¢onth)uodl Yur onded 31 Plar¢h 202$ I& PWPDMS of ro•tvlct•d fvn¢l• Ttr• Trwt Forirthe aged 65 ard Greater Lornlon MJrW•m Ird• r••wo Fotn e4Trt foryoLW¥4 WF4tr Tm JOM Horr18onCrtt#w Trwt For wllh mlp My Nèn's Duddle frtI]n Fw with or db••be To ld foi •ty Imi eoi In forc4rtr•l lei rylrl & Q For adaptalb)rn or i•pJtr¥ IUK wkl•l ¢ail4r• Trwl Ferf rtllty £qLtyr•rt 81 Tr• Y TrLo1 Far mr4)lty •bJ•, •Mlbii¥ •qLlphl dPtilbx• TM Mf8 Smkh & MI1 Tr FCY p•opl• Tr• Al Elhn Ccop•r Cmrthbltr For p•rykn lh• L>J8•t 11 Fowth¢Tr LordAl Trwt Fu peop Initr• •iu 8•rlwn Ctsrli•bki To b• tsFrt ¢n lry pthwk apj 85 owr Erth•knn FoLn$•ln To t4 IF•rt ID Mytrrn Ire1 Th• FkY•rt• TLrnrT1i To iF4Jrt In Loknii•rtlM Mlii Atho J l Oty¥rf• ¢tr•rrt•W• Trwi To t• se41¥] Altrt cf•r To bo Sxrth aThJ VWxc•tornlknM ¥¢•ty Tr• Gl ChAdMbkn TIL•t To b• Inwlo0 To b• Ipo kn wa on •dapt•lb)N wr wS•lhl IMb¢l BCkrn F¢xrf To b• In St Lwrordb)fvS•• Tr• sr J(kn Pr8lmAn crtty TfL¥t To btr In s¢9r & JTH CK9rltabbTrto1 To ¥¢ •p•rt In Smu•GI•& Slr Jam• KTh)tt TrLt To bo 8porrt In cart4ln 8rtaJ of ltr• M)rth E•il of Erd8TrJ LawwTrti ro be gporl hi Th8 Ctsr• TrLI To bo 8p8rt in c INJ Corrw411 patknrpwth Fowthln To VItyS on lIe rewlrn Japtallw• Tro Rolthy Trwji To be ¥Pe kn tke P)nh Eali Df Eryiird Trt Fow Ctsthbk TrL#I To t•¥wrt In Lotthrn 31
14H CHARfTYCOMPAJ4Y LIMITEO NOTES TO THE P£eOUNTS Icrthlnu•dl Y•ar ended 31 March 2Q25 16. Purpos•¥ ol rtrt lundi IGonUnw4dl RS M•cdw8hJ ChathabbTrt To b¢ In S¢otlaNJ tsn S Jom Fh8r Fou)IKJn To In Fwrw •188 of CrT Qujen sqr• F1 Ir1•wh II•BS ard dh8blMy," owrf•d5 ol cfoihy Dwoen slarld Fwij For thT• ol¢qp.. o¥iilldi oftr• thrlty stolw Tfillt FLrt1 Tod Fw 1rd1%u1 wnh • pty6k•lar knrrlrg dknbllty or -t•1 UK 1rd8w1rt Lmry PTrI Ford19•lY 11. Conwnllrr•nl• 4Dd ¢Offllnkrtt lbIl Th•¢Mrty had mtw1011ll conmlmrtl orcthtrq•rrt 1131 Mireh 2025 wtlch ho rth t••n pro%•d for In ) AI yeor dole t tsywry h•d conrthrfs 2026 Land •nd Bulkllnll• 2024 Land Ind Ir. ControVR•l•t•d P•rth• rknbkry comp•ry b CortKAd by Bwrd cl Trwi•oi. w•r• r• p•ty lrnrh¥•¢wlroJ1tro ¥r. IZ024. NY•l l& C••h fj•n•rnt•d Irom Owatknn• 102S 2024 SLwpWldelth} for It• yr Atysth7•nts rry.. Im•iinrrt Irurr Dew4diInOI y¢pwEy, •ThJ IM.928 {150,0491 1163,82fj1 07 1401.2131 MD¥vnionrs In c•pll•l.' 10,044 10,245 990,388 ,757 {DecroRwllrea¥e In credtto C••h g•n•r•t•d lrnm litsorbld by) rJp•ralk)ni 574 020 32-