THE WDIE TRADE SPORTS CLUB FOUNDATION {A ¢ompany limited by guA Yantee) REPORT AIqD UIYAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Company Number 7890704 Charity Iyumber 1146874 THE wfNE TRADE SPORTS CLUB FOI]IIDATION CONTENTS PAge Trustees, Report 1&2 Independent Examinefs Report Statement of Financial Activiti¢s Balance She¢t Notes to the Accounts 6&7 THE WINE TRADE SPORTS CLUB FOUNDATION REPORT OF THE TRUSTEES Th¢ trustees present their report and the accounts for th¢ year ended 31 December 2025. Reference and Administration Information Charity Name: The Wine Trade Sports Club Foundation Charity Registration Number: 1146874 Company Registration Numb¢T.' 7890704 R¢gist¢r¢d O￿lce.. clo Begbies 9 Bonhill Street London EC2A 4DJ The Board of Trustees (who are also dir¢¢tors of the company) who served during the year.. Mr C Taverner (Chairman) Mr E Dem¢ry Mr N Last Mr M Leveson-Gower Mr C Eliott Lockhart Ms C L Marcuson Mr J Read Principal Bankers CAF Bank, 25 Kings Hill Av¢nue, West Mallingj Kent MEI 9 4JQ Accountants Begbies, 9 Bonhill Stree¢ EA)ndon EC2A 4DJ Investment Managers J M Finn & Co, 25 Copthall Avenue, L￿ndOn EC2R 7AH and Charles Stanley & Co. 25 Ropemaker Street. London EC2Y 9LY THE WJI4E TRADE SPORTS CLUB FOUNDATION REPORT OF THE TRUSTEES (CONTINUED) Activities and Objectives Th¢ main object of tlie company is to benefit those employed or fornierly employed in tFte wine and spirit and ancillary trades, and their dependents. This includes the general relief of poverty among such individuals and support of the Drinks Trust (formerly the Wine and Spirit Trades Benevolent Society). The activities of the company are undertaken to further its charitable purposes and the trustees have had regard to the guidance issued by the Charity Commission on publi¢ ben¢fil. Strncture, Governance and Management Tlie ¢ompany was incorporated as a Charitable ￿Mpally limited by guarantee on 22 December 2011. The company took over the assets of the Wine Trade Foundation, a charity with the same activities and objectives which had been formed by a Declaration of Trust dated 17 July 1973. On 22 November 2012, the Company merged into it5 balance sheet the assets of the Vine Products Einployees, Benefit Fund, a charitable trust with similar objectives to the company. The Fund is now administered as part of the property of the company subject to the restriction that when applying the property transferred the company must give priority to the original beneficiaries. The ￿anagement of the affairs of the company is conducted by th¢ truste¢s, who meet twice a yellr as a minimum, and more frequently if considered necessary. Achievements and Fin&neiAI Review The trustees met twice during the year to agree the recipients and amounls of grants and donations. The trustee5 also met once to discuss the charity's investtnent strat¢RY. The investment portfolio p¢rforni¢d in line with equity Markets. Plan8 for the Future The trustees intend distributing all or most of tlie net ittcome of the charity as charitsble 8r￿tS and donations. The investment portfolio will be maintained to provide a reasonable balan¢¢ between income generation and capital appreciation. Approved by the trustees on 16 July 2026 and signed on the fby: Charles Tav¢mei' Chairman ]M)EPEfiDENT EXAKtNER'S REPORT TO TIIE TRUSTEES OF THE WINE SPORTS CLUB FOUNDATION I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025. RespoDsibilitie5 and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independeiit examination. I report in iEspect of my examination of your charity's accounts as Carried out und¢r s¢¢tion 145 of the Charili¢s Act 2011 ('th¢ 2011 Act,). In ¢arrying out my examination I have followed the Directions given by the Charity Comillis5ion under section 145(5) (b) of the 201 l Act. Independent ex&miller'8 &tstement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe, ounting records were not kept in respect of the Company as required by section 386 of the 2006 the accounts do not accord witli those records. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other th&n any requirement that the accounts give a 'true &nd fail vi¢w which is not & matter considered as part of an independent examination. or the accounts have not been prepared in accordance with the methods and principles of tlie Statement of Recommended Practice for accounting and reporting by charities (applicable to charities pr¢paring th¢ir a¢¢ounts in a¢¢ordan¢¢ with the Financial Reporting Standard applicable in th¢ UK and R¢public of tr¢land (FRS 102)). have no concenLS and have come across no other matters in connection with the examination to which attention should be drawn in tiiis report in order to enable a proper understanding of the accounts to be reached. SigThed: Christopher Pexton, FCA Begbies, Charter¢d A¢oountants 9 Bonhill Street, London EC2A 4DJ Date: 16 July 2026 (3) THE WINE TRAI)E SPORTS CLUB FOUNDATION STATETh￿NT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AIYD EXPENDITURE ACCOUIYT) FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Totll Funds 2024 Totsl Funds Notes Income from:_ Michael Hassla¢h¢r Memorial and Walk Sports Club Quiz Sports Club Rounders Investment Income 13 3,135 370 32.41 35.929 7,011 2,754 32.845 42,610 Total Expenditure On:. Investment Management Fees 11.776 11.550 Charitable Activities: Grants alld Donations Fundraising Costs (Anniversary Dinner) Ac¢ouiitancy Charges Legal fees Sundry Expenses TotAI 49,000 41,200 550 3.060 3.150 360 1,290 65,576 1,056 57,416 Iyet (Expenditure)IIDcome (29,647) (14.806) GAin&l(Losses) on Investment Assets Net Movement in Funds 130,136 100.489 36,935 22,129 Reconciliation of Funds Totsl Funds Brought Forward at l January 2025 Total Funds Cgrried Forward at 31 De¢ember 2025 1,457,015 1,434,886 £1,557,504 £1,457,015 (4) Company No:7890704 THE WllYK TIiADE SPORTS CLUB FOUNDATION BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Notes Fixed Assets Investments 1.532.272 1,432,544 Current Assets Cash at Bank and In Hand Debtor 22,097 3.135 25.232 21,717 2,754 24,47l Current Liabilities: Creditors Falling Due Within One Year Net Cmrreni A88ets 25,232 24,471 Net Assets £ 1.557.504 £ 1.457,015 Funds Unrestricted Funds £ 1,557,504 £1.457,015 For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit tn accordance with s¢ction 476 of the Companies Act 2006. The dir¢¢tors acknowledge their r¢sponsibAlili¢s for complying with th¢ r¢quir¢m¢nts of th¢ Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance wlth the provisions applicable to wmpanles subject to the small companies regitne. Approved by the Board on 16 July 2026 and siglled on its behalf by Ch&rle8 T*verner: . Chairman THE WINE TRADE SPORTS CLUB FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting Polieies BAsi8 of Prepara¢lon The Financial Statements ar¢ pr¢pared under the historical cost convention, with the exception th&t investments are included at market value. The Financial Statements have been prepared in accordance with the second edition of Accounting and Reportin8 by Charities.. Siatemenl of Recomtnended Practice applicable to ¢h8riti¢s preparing their accounts in accordance with the FiDancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011 and the Companies Aci 2006. b) Income All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monelary value of incoming resources can be measured with sufficienl reliability. Expenditure Liabilities are recognised as resources expended as soon &5 there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for oil an accruals basis and has be¢n ¢lassifi¢d under headings that aggregate all costs related to the category. Grants payable are payments made to third parties in th¢ furtherance of the charitable objectives of the Trust. The grants are accounted for when either the trustees have agreed to pay lh¢ grant without condition and the recipient has a reasonable expectation that they will receive a grant, or any condition attaching to the grant is outsid¢ th¢ control of the Trust. Irrecoverable VAT is charged against the category of resources expended for which it w&s inourred. d) Grant Making Policy The trustees r¢¢¢iv¢ r¢qu¢sts for assistance from qualifying beneficiaries which are considered by the trustees at their regular meetings and grants awarded in circumstances considered to be appropriate, at the sole discretion of the trustees. 2) Tru5tee8' Remunergtion The trustees received no remuneration. Trustees w¢r¢ r¢imbursed travel and ¢xpenses tnlallinLF £47 (21124.. £Nil). (6) THE WINE TRADE SPORTS CLUB FOUNDATIO NOTES TO THE ACCOUNTS FOR THE YEAR EfqDED 31 DECEMBER 2025 {CONTINUED) Grants and DonatioD5 2025 2024 The Drinks Trust.. Unreslricied grant Restricted grants to 5UPPOrt specific individual benefIciaries - {"T]ie Hasslacher Grant") Restricted 8rant tOW￿dS Vintry Lifeline and Gas Bills 21.000 21,000 10,000 1,411 10,000 1,411 Grants to a Vine Products EBF benefici fjrants to an individual b¢n¢fi¢iary 8.131 8,458 8,789 49,000 41,200 4) Flxed Asset Inve8¢mellts Market Value of Investments at l January 2025 1,432,544 1,404,753 Additions at cost 165,345 129,958 Disposals at carrying value (195,753) (139,102) Net galn on revaluatio 130,136 36.935 Mark¢t Value at 31 D¢c¢mb¢r 2025 1,532,272 1,432.544 Historical Cost at 31 Decemb¢r 2025 1,162,013 1,169,523 5) Creditors Falling Due Within One Year Grants Approved Unconditionally Other Creditors 6) Transactions involving a Related Pgrty During the year. the charity made 8r&nts totalling £8.458 (2024.. £Nil) to Mrs Caroline Tav¢mer, the wif¢ of Mr Charles Tavern¢r. a trustee. The grants were Inade to purchase medication and tests not available as part of cancer treattnent provided by the NHS. The payrrlellts were appmved by the trustees, having taken appropriate legal advice.