2025-08-31-accounts

PocyswiSn¥oK)w10.. 4AD385AF.024942E&9343-3FDgOFBSYA69 REGISTRAR OF COMPANIES Sturts Community Trust Consolidated Financial Statements Year Ended 31 August 2025 Regulator of Soaal Housing registration number. 5089 Company registration number. 08359958 Charity registrati¢)n number: 1152152 AEkifR255• 2e10212026 COMPANIES H￿SE 43

Do¢usvJn En¥6kJpe ID". 4A0385AF.D24942EB-9343-3F09DFBBgAffJ Sturts Community Trust Financial Statements Year Ended 31 August 2025 Conlents Pag• Registered Soual Housing Prov#Jer Information Board Report Independent Auditorfs Rewt Statement of Comprehensive Income (induding Income and Expenditijre Account) Balance Sheet 2-15 16-19 20 21 Statement of Changes n Reseryes Stslement of Cash Fl¢Jws 22 23 Notes to the Financi￿ Stalefflents 24-37

Pocusign&nvelOPe ID". 4A038W.D24￿2E&934>3FO90FB89Afj9 Sturts Community Trust Registered Provider Information Year Ended 31 August 2025 Regulator of Soclal Houslng reglstrallon nurnber Company reglstrallon number 08359958 Charfty r¢gistratlon number 11S2152 Members of the board Mr Mark Chrisiopher Webster Mr lain Williams Mrs Joy Elizabeth Malyon Mrs GAbr￿lIe Mary Gray Mr Benjamin Mark Lloyd (appointed 17 June 20251 Mrs Caroline R05em8ry Darby-Jenkins (resigned 16 December 2025) Reglstered offi Sturts Fami Three Cross Road West Moors Femdown 8H22 ONF Audllor PKF Francis Clark Towngate House 2- 8 Parkslone Road Poole BH15 2PW Bankers Natwest Ringwood branch 11 Street Ringwood Hants BH24 18A Page 1

Dotusw En¥eknp8 ID.. 4AO38W-D24942E&934>3Ff)￿￿8 Sturts Community Trust Board Report Year Ended 31 August 2025 The board of Slurts Community Trust presents their reporL and the audited financial statements of the registered provider for the year ended 31 August 2025. Dlrectors of the l)oard The direclors of the board who have served during the year were as follows: Mr Mark Christopher Webster Mr lain Williams Mrs Joy Elizabeth Malyon Mrs Gabrielle Mary Gray Mr Benjamin Mark Lloyd {appoinl8d 17 June 2025) Mrs Caroline Rosemary Darby-Jenkins I￿s￿ne0 16 December 20251 The purpose of this report is for Sturts Community Trust's Board to present audited finaneial statements for the year ended August 2025. which have been prepared in accordance with the Statement of Recommended Practice (SORP 20181. S￿rtS Communlty Trust: Charitable objects The charity's objects are. for the public benefit, to relieve sickness. promote good health. provide social housing andlor care to, and advance the edUCat￿)n and training of- people with a disability {whelher mental or physicall. the young. the old. or people otherwise in need. in accordance wth the principles of Dr Rudolf Steiner {as summarised in schedule 2 to these articles). particulady (without limilationl by the establishment and rnaintenance of inclusive neighbourhoods in the forn of villages, residential houses, day cenlres, kindergartens, schools. colleges or other types of social andlor educational community, in which beneficiaries live andlorwork andlor lo which they otherwse re50rt. in communty with persons providing support (known as'co-workers'l. Al>out Sturts Community Trust Slurts is a grass-roots charitable organisation and an indusive neighbourhood witti a relationship- centred approach to care. We work together to create a lrfe in common for everyone who ch￿)Se$ to spend their INes here. Slurts Community Trust exists to support people facing disadvantage. exclusion or barriers to participation lo live meaningful. connected 8nd purposeful INes. We believe that every person flourishes when all parts of knfe are nurtured. These three aspects: learning. connection and contribution. reflect the human need for welbeing. meaning and comrnunity. It's a holistic approach that influences everything we do. We help: People disabilities. We help by: Providing buildingsmaeilitieslopen space and Ser¥￿es. We operate in: Dorset. We focus on: Educationl training. Disability. The wevention or relief of poverty. Accommodationl housing. Environmenu conservationlheritage. Key •ctivitie$ Slurts Community Trust is a registered tharity fomied of three interconnected activities: Care Together: Inclusive. relationship<entred care based on social ￿dagogIC values. Clover Co41ousing: An indusive neIghb￿￿(￿)d where pecfjle of different ages. bad(grounds and support needs INe side by Side. Gulllverfs Enterprtses: A purposeful. indusive Social Enterprise where everyone is encouraged to reach their full potents"al. Each activity has its own management team, statement of purpose and regulatory bodies. Together they form a collective commitment lo Slurts, core values. which include social pedagogy. social justice and working tcyJether for the comrnon g¢yxl. Pa9e 2

DoC￿￿jn Env8low 10." 4Ao385AF￿24942Efv934>3FDSOf88gA69 Sturts Community Trust Board Report Year Ended 31 August 2025 Sturts: A ear in review 8uilding on last year's12023-2024) themes of leaming, adaptirKJ and evolving Sturts Community Trust. this year presented an opportunty to use feflections and insights gathered to create momentum. Further establishing and. where necessary. evomng Sturts, identsty. cuhure and purpose for now arKI in the future. Communlty reflections The Creative Forum workshops were a rich source of insight from ourcommunity. These open, inclusive and accessibfe group discussions. complete wrrith an art therapy activity. were held with membets of each activity throughout 2024. Ideas and feedback were gathered. analysed and p￿sented back lo the Trustees at the 2024 aulumn annual meeting hekl in the Print Rooms 8￿MeM(¥￿th. What emerged from the researeh and discussions was eonstnJdive and progressive. Themes of authenlicity. community. care. meaningful work and what defines 'Sturtsness' surfaced organically. A reminder. rf one was needed, that govemance. brand, reputation and the lived experience are all connected and expansive. Helping lo shape leadership development, lulure govemance work and the organisation's ongoing narrative. Sturts Community Trust 202S Conference Hosted al the RNLI college in Poole. the Sturts Conference was a genuinely Inclusive gathering of hearts and minds. Companions. Co-workers and Tnjstees travelled lo the venue to attend, ready to share their ideas and updates in a new Setting. The energy and enthusiasm in the room was palpable. Attendees were excited lo share their thoughts and experiences. enjoy a cooked lunch together. and take part in the aftemoon's group activities. It felt like 'Sturtsness' in action. Open conversations. within a supportive and welcoming spaee. where everyone had Ihe opportunity to speak and be heard. Anecdotal feedback from the event suggesled many of the attendees came away feeling positive. motivated and hopeful for the future. Governance r•v••w Building on the momentum of the Sturt5 Community Tnjst Corrference. the Govemance Review provided an OPFX)rtunity and space for Iruslees arKI leaders to rewsit Siurts. purpose. values and founding ethos for future generations. Vrfhat emerged was a clearer. more confident understanding of who the organisalion is and what it stands for. We uncovered the core. timeless and essential elements lo move fofwards with, bul also identified what needs to evolve. These discussions surfaced a renewed appreuation for Slurts. lineage. principles and intentionality of ils founders. The significance of'home making, and lrfe-sharing as foundal*)ns for wellbeing and social enterprise. Howthese traditions could f¢)rm aetwe practices sustaining identity. meaning and connection for the future. The delicate act of hold￿9 continuity and devebpmenl in balance. A powerful thread of discussion continuing from the Conference away day was the attempt lo articulate the essence of Sturts.. the distinctive quality underpinnrng life. ojlture and work here. Themes that surfaced repeatedly included the practice of authenticty and unfiltered experience, alongside joy and spontaneity. The importance of meaningfvl. purposeful work and deep. reciprocal care. How within the rhythms of the days. weeks. and seasons can contain CA)mmunity. togetherness and belonging alongside Ihe beauty of imperfecbon and unpredictability. Rem1￿cing the recognition that opposites do exisl in hamiony. Trustees recognised that this essence is often revealed in small. everyday moments: shared work, quiet acts of eare, natural interactK)ns across roles and abilities. and the flow and constant rhythm of community life. Arfjcles of Assoclatlon As part of the Govemance review work, the Trvslees explored the Articles of Association with reverence. Together we agreed that the Articles hold deep historical and philosoph￿al meaning. how lems like 'relief of sickness. were originalty rooted in ￿ncept of societal healing rather than medicalisation. We recognised thal the Artieles aet as a compass and that changing them requires a high threshold and car8ful reflection to help ensure any evolution stays aligned with founding inlenL Page 3

Do￿81￿$ Enve ID.. 4A0385AF.D24942EB-9343-3fD9DFBB9A69 Sturts Community Trust Board Report Year Ended 31 August 2025 These conversations empha￿Sed the #Jea that govemance is not merely adrninistrative. il's interpretive and cultural. Creating an ethlcal narrntlve We conducted a lively discussion al)out how Sturts expresses itself outwardty. Together we established a preference for embracing repUtat￿n 8ThJ authenbc slorytelling ralher Ihan commercial brand storytelling. Our shared desire for ethical. non4explortative storytelling better reflects the relationships, meaningfvl work, community and land connection we nurture here al Slurts. In practice. this looks like the careful use of personal stories and high1￿hting shared endeavours rather than indiv￿ual narratives. The imrx)rtance of each aelivity's Stalemenls of Purr)se as a guhding framework also emerged as Sturts evolves. We also discussed how this clarity extends to impact govemance. communication and strategy throughoLbl the organisalion. Helpin9 to fomi the concept of a brand 'family' of activities where different 'strands' have distinct personalities and Purposes yet clearly belong to (¥)e cohesive whole. The narrative woth is part of a wider reflection on identity and public engagement. Value and connections Building on storytelling for fundraising. narrative development and strategy was looking at the role of value and how we can communicate Ihis with different audience segments. The lemi 'value' has so many different meanings. from social arHI ecological to spiritual and economic, all aspects are deeply nnecled. It's also a rerninder that Sturts, work is not leisure or activity-based. irs real work that has a measurable imp8Ct on people and Ihe wider community. And while we can define value in different ways, we can measure il differently too= in tyJlputs. but also in impact on INes. r8L4tionships and communits.es beyond our irnmediale nei9hbourhoods. 11 strengthens the case for parlne￿h￿p and future funding loo. The importance of rewnnecting ￿th local institutions. such as the local school and church. but it also feeds into the wider social benefits ol Sturts, events. donations and community engagement. by creating bridges be￿een Companions and the public. Helping to connect with wider societal coneems such as wellbeing. sustainability, nutrition and mental health. We also recognised the impact of Sturts beyond its Companions. building connections with lo￿1 residents. worfthvide volunteers. partners and its many visitors. So. we agreed to continue fostering partnerships that align with Slurts. ethos. including corporate relations that value suslainabilty and communty- We will continue lo seek oul collaborative fundraising across the Camphill-inspired landscape lo reflect our commitrnent to integrty in wblic communication and association. An expression of organlsatlonal culture Throughout this developmènt Wofk. the idea emerged that wvemance is more than structure. it is an expression of organisation values and tdenbty- Supporting. not constraining the ￿alIty of living in a community. Creating an altgnment behyeen govemance. purpose. Iwed experience and the new Statements of Purpose. An understanding that board work should indude a reflectNe. expansive element and that there should be a deeper connection betseen trustees. These findings wll guide board development over the coming year. Leadershlp. coachlng and distributed responsibility Distributed leadership is seen as a positNe way of reflecting Sturts, relational ojture. ensuring govemance dcKuments evolve to reflect any struetural developments. Tnjslees recognise the ongoing value of leadership coaching lo build collective. long-term leadership capacty to support this vision. Balanclng essen¢o vrith operational and regulatory realities Sturts Cornmunity Trust lives al the intersection of meaningful. relakn"onal. SkM)ntaneous human work that exists in balances with the pra¢li¢al requirements of compliance. safeguarding, finance and regulation. The trustees reeognise thal both can coexist. Structure can protect essence. and essence gives energy and purpose lo meet regulatory demands well. Page 4

Docu5wn Envdope ID.. 4AC38SAF.D24￿2E6-934￿3FD9oF@89A69 Sturts Community Trust Board Report Year Ended 31 August 2025 Flnance A major developrnent in the chall￿5 govemarKe this year was Ihe appointment of its frjt Finance Director. This rellecls not only the increasing scale and complexty ol Sturts Community Trust. but also the Board's commitment to ensuring financial stewardship is robust. strategically aligned and professionally led. With this new role in place. the organisabon began a systematic update of its fin8ncial systems. internal controls and reportng Structures. ReslllenL Iransparent governance Working from audrt feedbaek and the Finance Directorfs assessmenl of organisalional need, the charity has strengthened its financial p￿dures, mfxlemised digital accounting Pr￿8$$?$, improved segregation of duties, and enhanced both operational and truSte￿eV01 oversight. These changes mathed a sonificant slep foNard in uealing a resilient and transparent financial govemance framework capable of supporting Ihe Trust's ccffitinued developmenL Care To ether This year has seen Care Together deepen its identity as a skil￿, relatKInship￿ntred and pedagogi¢ally informed support service. The team continues to embed a social-pedagogical framework adapted lo the unique culture and history of Camphill, creating environments where Companions can live meaningful, connected and rhythmically grounded lives. A Gornmunity of practice Our central focus this year has been to continue embedding swial pedagogy into everything we do. With a highly qualrfied workforce. a significant number ofwhich are Tier 2 skilled workers. Care Together has worked to align professional pedagog￿1 methods with Sturts. culture of co-production and communty living. This has included creating home environments vthere CompanK)ns actively shape the￿ daily lives. Building strong daily, weekly and annual routines that offer structure. comfort and a recognisable rhythm. It's also involved aligning Community lrfe wtih the natural cycles of the farm, including festivals and seasonal celebrations Ihal are farniliar. accessible and Compani¢)n-led. These practiees ensure that the lrfe Conwanions experierte is not a ser4ice delivered to them, but a shared lrfe created with them. Reflective and relatlonal sklll-bulldlng In additr'on lo technical training. emphasis has also been placed on nurturing a reflectrve practice and relational awareness within team. This reflecbve depth is at the heart of effective social pedagogy and is becoming a defining charaetefistic of Care Togetherfs work. The team is able to achieve th¢s in a number of drfferent ways. Staff are eneouraged lo open themsefves to the community environment and consider how their actions shape the emotional climate and relalionships. They build confidence by making thoughtful, attuned choices in Iheir inleraclions. all while working C￿$¢tousty with Ihe rhythm. routine and lived culture of the community setting. Continued prolessional development A major organisational commitment has been the continuation of weekly face-tOthf￿ training lo ensure consistently strong compliance and documentation. This includes robust safeguarding. incident monitoring and alignment wrth industy regulatw standards to er￿Ure a safe. professional and well-led service we can all be proud of. Leadership pathways have also been strengthened Ihrough mentoring and by setting clearer expectations for emerging leaders to nurture the talent we have. be proactive in their development. all while empowering them to be the best they Can be. Both inttiatives have had a wsible impact on staff confidence arKI eohesion. Senior Support Worke The combination of pedagogical training. compliance development and weekly reflective practice has signif￿antlY sirengthened the large group of newly recruited SenHy Support Workers. As confidence Page S

DocJJshJn Envelopo 10.. 4A038&AF.D24￿2EB-931>3FD￿)FB89￿9 Sturts Community Trust Board Report Year Ended 31 August 2025 and skills develop. they are stepping inlo their roles darity and assurance. It all helps to ￿eate a highly committed, resilient and stable team with stroThJ long-temi comrnitmenl, benefiting both Companions and Sturts as a whole. Supporting ageing Companlons This year the team has supported several signfficanl transitions this year. They have increased health and support needs among ageing Companions. Through et￿)rdInated planning. safeguarding oversight." 8nd a thoughfftjl adaptation of routines. the Care Togetherservice has ensured that individuals continue to experience safety, dignty and continuty durirvJ pefiods of charvJe. Improved communicatlon systems An inlensive-SUPPOrt pracbce review highlighted communication as a top priority area to act on. In response to this, Care Togelher18unched a structured, skills-based training programrne centred on the Pi¢lure Exchange Communication System {also known as PECS). The first stage has focused on embedding pictu￿ boards io support Companions in making requests and expressing preferences has strengthened everyday communication. This work is now being expanded to create consislenl visual timetables across all settings. helping Companions understand and anticipate their day wth greater independence. The next stage will explo￿ digital communication t￿1$, enabling Companions who use iPads lo engage with PECS in more flexible and personalised ways. Earty outcomes have already demnstrated an improved expressrve capacity for several Cornpanions. and an increased ability to request, comment and communicate choices lo create a greater independence in daily routines. Il's a￿0 given slaff more confKlence in recognising arbd responding to individual communication needs. Building on the theme of better communtcation. the introduction of newsletters and actNity coordination is now fully embedded and consistently praclised across the organisation. These lools have helped Companions and their families anticipate the rhythffl of the year. facilitated involvement in planning celebrations. events and season81 activities and provided a space to communicate the charitys collective achievements and values. These positive changes all help to reflect the communi￿tion principles emerging from the Govemance Review.. relational. authentic and grounded in everyday practice. which is aligned the co-IK)using and care ethos of Slurts as an organisatson. Clover Co4lousin Slurts now functions as a multi-generational. indusive neighbourhood. with residents ranging from newboms to individuals In their 90s. There a￿ 16 children wilhin Ihe Co-Housing households, 51rengthening the neighbourhood vibran¢y. intergenerational Pa￿.￿pat￿n. shared celebrations and infomial support nets¥￿ts. Challenges and delays While the year was a progressive and productive one. unfortunatety due io issues outside ol our control. several goals from last year's Co-Housing plan could not be achieved. Issues such as financial pressures in the early part of the year, the need to pause development work until the new Homes England eapital funding framework became dear and. consequently. the impact of this funding on the Ikigai project. The Homes England funding represents SO% of the Ikigai project. so unfortunately could not progress wthcKrt clarity. Ikigai Project Planning permission for the IkFgai project has been successfvlly achieved. which represents a major milestone for us all. The Ikig8i 30-year business planning work was also successfulty completed this year. However. followin9 this. the charity made the strategic decision to pause further progress until the govemment changes and uncertainty around national funding programmes were resolved. Work is Page 6

Oo¢uslgn En¥dO￿ ID.. 4A038S4F-D24￿2EB-9?4>3FOg0FB89AGg Sturts Community Trust Board Report Year Ended 31 August 2025 expected lo c￿ts'nue in the coming year. once Horne ErwJland's new fundlng programme has been fully announced. Once this has been confirmed. the team wll be progressing to tender with detailed drawings. completing the Homes England Inveslmenl Partner application and submffting the Homes England Capitsl Grant application to commence the first stages of the fundraising eampaign. Communication and community engagemènl The immediate Co-Housing eommunty has been eonlinualty updaled throughout the year. However, engagement wilh olher stakeholders. such as families, commissioners. prospective tenants. has not yet taken place. This would be premature until Homes England funding is secured. Homes England has been kept fully informed of th& project and have given posittve indications. Strucbjred stakeholder engagement will be a priority for the next year. Co•louslng team professlonallsm The C(￿HouS1ng Co-Director achieved Chartered Institute of Housing ICIH) membership this year, significantly strengthening the professional leade￿h￿p of the 1K)U￿n9 activity. The Co•Housing team has also appointed a CIH-trained Senior Housing Officer. There is now an irKreased capacity for housing compliance, tenancy management. neighbourhood-lev81 coordination, regulatory alignment. policy Implementatic￿ and operational oversight. These proactive developments mean tsHowng rw)w has a qualified. professional leadership slructLtre. It ha5 the intemal capability required to support Ikigai. manage gro%vih and uphold sector standards. Strengthening houslng processes Implemenling Fixfflo for reporting and trad(ing hous￿9 repairs and maintenance is now fvlty embedded and used consistently across all newjhbouthoods. Added benefits of this system is Ihal il supports health and safety auditing. neighbourhocwj responsibility monitoring and has an irnproved level of responsiveness and record-keeping. Tenant voiu, ¢¢ynplianc• and S￿la1 valu• Work has started on a tenant satisfaction survey. covering all tenants. including those with high Communication and SUPFJOrt needs. The survey framework is ￿ development and will be completed and implemented in the coming year. The tenancy schedule requires an updated to ￿fiect current housw)g legislation to ensure darty for both tenants and stsff. This wll atso take place in the coming year. New complalnts procedure The￿ were no fomial complainls received within the Co-Housing fvnction this year. This is generally understood to reflect the high level of eThJagemenl with tenants who feel they are actively involved in leading their own maintenance programme. Il's supported by Fixfto and regular dialogue. Nevertheless. a new. two-stsge complaints procedure has been implemented in line with Housing Ombudsman directives, to ensure compliance wilh current industy regulations and expectslions. Evidencing Community Impact c￿HOu￿ng intends to improve soaal value and community impact are captured and evidenced. This inclLKles wellbeing. indusion and intergenerational communty outcoffles. The organisation also inlends lo align more closety with HACT {also krnwn as the Housing Associations. Charitable Trust). adopting sector-recognised soual value metrbcs. Sturts will explore HACT'S Green Credits mc#Jel to evidence the environmentsl and sustainability vahJe of future building upgrades. A small but important operalional aim is to communicate electricity and gas tariffs ckearty within the Form 4 rent uplift process. espe¢ialty where distri¢t heating systeffts mean uts'lities appear as service harges. Page 7

0ow$ign Envelope ID.. 4A0385AF.D24942E&934>3FWF889A69 Sturts Community Trust Board Report Year Ended 31 August 2025 Community engagement and associative links The Co-Housing community has been building associatNe partnerships and links with like-minded organisations. particulaily those invotved in indusive neKJhbourtKKMI design and community-led housing. A partnership wrth St Mary 5 Church's If￿ar. Revd Lizzie Campbell, has led lo an autism-adapted church service at 3.30pm on the last Monday of the month. Increasing aeeessibility and strengthening local community inlegrats.on for Sturts and beyC￿d. For Ihe younger generation. a new pathership with a nursery provider has enabled k)cal children to access eady years provision in the natural surroundings of Sturts Fami. This includes creating temporary forest schwl strudure in the woodland. These additK)ns clearly demonstrate the intergeneralional and asscL#ative character of Ihe co-housiThJ model. Cultural and splrftual foundations Building upon our govemance themes around authenticity. identty and shared vision. regular retreat- style sessions have been introduced. Offering space and Opp￿lUnity for refiection on meaning, purpose and personal connection lo the organisation's values. Herrnhut and Tllla Konig study The Community has also engaged in a study of Sturts historical foundations. part￿ularty through the nfluence of Tilla Konig and her bad(ground in the Hermhul (also known as Moravian) community in Saxony. This historical research has supported a reconnection with the therapeutic. spiritual and communal impulses central lo the organisat￿n.$ Mgins. Looking to the past, in this C￿teXt, is helping to support the plans and evolubon for the future. Gulllver'$ Enter rises The Social ENte￿nSe team continued lo provide meaningful daity rhytrbms of work. Skill development and social connection through farming. horticulture. food prcrtjuction and creative activities through 2024-2025. Participation within this area of Slurts has demonstrated an in￿aSe in our Companions, independence and confidence, while improving mental health and emotional wellbeing with a meaningful routine. Meanwhile. working in small production teams has nurtured pTrctical. transferable and employment- related skills helping to develop a stronger sense of purpose. hdenbty and community contribution within sturts and beyond. Volunleers have continued lo conlribute across the Market Garden. the Creative Workshop, Fami open days and cornmunity events. Important (x)mmunity contributions this year have included the Ellingham "Show. which supported ts purchase of a rolavalor. A grant from West Moors Town Council helped fund a new hen house. and consislentty strong l¢xal attendance for our annual fundraisers all demonstrate the depth of communty ownership. awareness. collaborat￿n and pathershlp that underpins the Social Enterprise. Governance and oversight The Social Enterprise ath.wty operates within the Govemance Framework of Sturts Community Trust. Trustees provide Strateg￿ oversight. financial scrutiny. safeguarding and quality assurance. Health and safety. food hygiene and risk management procedures are in place across all operational areas and are reviewed ￿gUlady. Communlty outrea Our work within the wider communities has gone from strength to strength too. 8uilding on previous years. acts"vities. which now includes weekly educational visits from a local school in the village. Fundgd by an agricultural grant. these regular land-based ￿arnIng experiences offer students the opportunlty to leam more about the working lrfe of a farm. They help lo share knowledge and hopefully to inspire curiosity into their local environment and nature. gaining an understanding of how their food is grown and produced. including the responsibilibes of caring for animals and the land itself. Page 8

O¢wsign Env8knpe ID.. 4A0385AF-024942EP-934>3FOgOF889 Sturts Community Trust Board Report Year Ended 31 August 2025 Beyond school age, our weekly Meel-up Mrmday events have continued to help reduce social isolation forall who take part. Thanks to funding from the TNL Communty Fund. and intertsvined with the Growing Connected Lives initiab've. Meet-up Monday fom)s a coMbina￿n of consistent and low-pressure social engagement for people experienang loneliness, providing a great opportuntty to build confidence and connecliws at a gentle pace. 8eyond the café. the GrovAng Connected Lives activity has expar)ded into the Market Garden and production areas as practical ways to supwt wellbeing. and to embed it into daily working lrfe on the fami. The Social Enterprise team has continued our calendar of Fam Open Days. community events and fundraisers throughout the year for the general public. Thes8 events have remained free. accessible and well attended. with many families stawng for the enbre day. engaging with the environment, animals, food, and community. It's all helped to raise Ihe Profi￿ of Slurts as an organisab'on and a charity. reinforcing the Social Enterprise's role of a welcoming, inclusNe and economically active mrThJnity hub. Grants and fundraising SuC￿$s Two of our major annual fundraisers vthhin our calendar of events, FarmFest and West M￿TS Classic Car Show, helped raise a combined £3.565 towards new fami infrastructure. These funds, alongside grant frorn West Moors Town Council, have made Ihe purchase of a new hen house possible. This community investment supports increased egg prcJuction. expanded leaming opportunitses and greater skill development and meaningful job roles for the people we support. Industry recognltlon Three of the Soeial Enterwise's own brand prc￿VcL Gulliverfs. fecerved 2-star recognition at the Great Taste Awards. This national-recognised benchmark awards products for outstanding quality and flavour. Gulliverfs sausage roll. Gulliverfs brownie and Gulliver's organiclbiodynamic milk were all given 2-star4ward. Tthieh is what the Great Tasle team deem to be. -above and beyond delicious." This recognition reflects the quality of ingredients, care in pro(luction and integrity of the fam-to-fork process across the Social Enlerprise and F4aces these products within the highest tier of awarded UK food products. Market Garden and hortlcultural development The Market Garden underwent a than9e in leadership and daily practice due to malernty leave within the team. A stronger intemal slruclure has emerged from these adjustrnents. helping to stabdise the garden team effectively and create a better operational rhythm. The Market Garden space Itse￿ has also underyone sorne improvements. There are now three fvlly functional polytunnels, helping to provide more reliable crop production. The new accessible pathways have improved participation and movement across the site. While a new tearoom provides a welcorning space for vdunleers. Companions and visitors. helping to create a sense of idenlty and place within the community. Thanks to several key grants this year. investmenls in essential infrastructure was made possib￿. Alongside the potytunnels and more accessible Market Garden pathways, the team were able to buy a new plough to support sustainable soil marbagement and food prcKlucbon. Financial contribution from the Elllngham Show also helped to purchase a new rotavator, strengthening the long-term capacity of the Soual Enterprise activty arKI supporting its agricultural and hort￿ultural operattons. Dairy and meat production Proyress this year has focused on improvwig operatk)nal consistenty with dairy production. We achieved this by moving to pasleurised milk. wh￿h has stabilised daily routs"nes. created clearer and safer workflow slruclures. and improved hy9￿ne reliabilty. Companions can now engage in dairy prt)cesses with greater pred￿tablI￿. ereating Opp￿nitIeS lo build on this engagement for the future. Page 9

Qo¢ugon Env4oFe10'. 4AC￿F.D2I942E&934￿3F09DF689A6y Sturts Comrnunity Trust Board Report Year Ended 31 August 2025 The 'Learn to lead. model Strengthening the use of small. inclusive production teams across the daily rf)ythms and responsibilities of chickens, pigs, milking and dairy processing. the Market Garden and C￿aliVe Workshop has been consislenlly strengthening ownership. teamwork and increased participab.on for Companions with the Social Enterprise. A major highlight of this was the devebpment of a C(Nnpanion who has pro9￿$sed from requiring very intensive support to being able to collect cows. prepare them for milking, complete the milking process, process the milk and delNer Ét to the fam shop with minimal prompting. As you ean imagine. this development has had a profound impact on his confidence. identity. sense of purpose and relationships. Il's further evidence. rf it were needed. of the therapeutic aThJ relational depth of meaningful work at Sturts. Creative Workshop The Creative Workshop has spenl Ihe year linkirvJ creatNty. horticulture. cornmunity and enlerprise. The team has started to develop simple cosmets"c products. They have also contributed artwork for festiva15 and Gomfflunity events to help support identity and celebration across the organisation. A new, dedicated puppetry wod(shop has been created, which includes space for sewing, costume- making. prop devetopmenl and puppel Creat￿n. Ad(Jilional support has been recruited lo enable Companions to participate in texb.le and Costume treakn"¢Jn. Preparations are already underway for the Social Enterprise's first puppet performance. Stone Soup. which will be held in the grain Sto￿ nexl year. Based on an Eastem European folktsle that explores displacement, compassion aThl communal gerterosity. Stone Soup's themes resonate strongly with sturts. ethos. while the inrtialtve brings together ¢￿atiVIty, storytelling. companionship. shared produclion and cultural life at the fam. Looking ahead Communty goals for 202&2026 incknle eworing a partnership with the UK Men In Sheds Association IUKMSA}. This eollaboralion would potentially help supwrt inlergenerational links, social connection, skills-based contributson and wtive welbbeing for the hxal and wider community. Market Gardefi developments for Ihe fvture will focus on increasing aclivilies that support gross motor skills and accessible horticultural participation to create stronger. rnore predictable learning pathways for Companions. This includes expanding perennial fruits. developing he￿ and flower beds which links with the cosmetics micro*nterprise. and prionb.sing eas￿r-I0￿rOW vegetable Varieties to build nfidence and progress skills. Strategic priorities for the Social EnterpTi5e next year include evofving and expanding participation with the Gr¢)wing Connected Lives initiative. We also plan to strenglhen ed￿￿tional links with local schools. Our Crealive Workshop and Puppetry programme plans to develop further to inelude a public performance. We hope egg and dairy production eapacity ￿11 increase thanks to the new infrastructure. Sustsinable training, empbymenl and leadership pathways for Companions will continue lo grow. Value for Mone statement 202&202S review Slurts Communty Trust is a srnall. registered provider of specialist housing, supplying SUPPOrted living within the context of a C0-ho￿ng mcmjel. Ils vision is cenlred on Ihe concept of INing connected lives. It is this connection between people. and part of the organisation. that aims to achieve higher levels of quality wilhin the constraints of the available finanee. SCT has a proven track record in fundraiSu￿. which has enabled its high-qualty building for low levels of loan finance. This success is based on the wlcomes the people involved in the project. Therefore. Page 10

DocusvJn En¥elope10'. 4A0385AF.024942E&9343-3FD90F889A69 Sturts Community Trust Board Report Year Ended 31 August 2025 all projects involve people Irom all levels of Ihe organisath￿, so that the result is something that fits with the nee'ds of those that use r(. Governance and plans to develop The culture within our Board reflects that of the vthole organtsation. The 8oard iwll consider all projects in the eontext of the history and charitable goals of the Community. It contsins skills and knowledge from 8 wide range of baCkgr{￿ndS lo ensure L￿th the operational plans and development projects are well manged. All projects require a robust business case that considers Value for Money and clearly defined benefits for those whom the charity supports. The benefil of being a small. well-connected Communty is that 8oard members have been able to see and be involved in decision making. Developments are based on improving the quality of people's lives. ratherthan increasing market share. Decisions are made balanung commercial pressures, maintaining the Communty ethos and responding to the ever*resent dgmand for services. The 7-Year Plan bs therefore 'ourf plan for our setting and Ive. will work on achieving il together. It is this working together, detailed in our agreements. which delivers hvJh44uality projeds al a reasonable cost. The trustees have undertaken a Govemance review and wll be implerneniing a new meeting structure by delegating a sel of committees for the three main aclivibes of the trusL How w• look after our properties Slurts COmm￿lty Trusys Co-Housing Commjnity works its inclusive neighbourhcM)ds to . manage maintenance needs. Maintenance plans are devised through monthly neighbourhood meetings and a three-monthty walk-through audit undertaken by the person responsible for Neighbourhood Liaison and a neighbourhood represenLqtive. Building schedules are reviewed and monftored through a monthly Co-Housing Management meeting attended by Community merthTS. SCT'S approach to maintenance is to use good quality materiaFs that can cope with heavy usage. It operates a preferred contractor system of firms that can prove they can deliver quality and responsible work praeliees that benefrt those we suprM)rt. Annual reviews of the list of Contractors are undertaken and, periodically quolgs are sought from other contractors to Check market value. SCT is committed to sustsinable purchases in maintaining propety and is commrtted lo reducing utilty costs for both Communty members with additional needs and those on low incomes. Therefore. the quarterly committee meetings focus on well-prepared budget forecasts balanced against quality outcomes. Management learn The focus of our management approach is to get a higher level of engagement from Community members. To achieve this. higher level of housing management is required to enable those with additional needs to be fully involved in the life of the CoftThunity- However. this is offset by low levels of void5. disputes and cOM￿alnts. Now supply There was no supply of new housing in this year. Slurts Community Trust, as a CTrHousing Communty. has limited capacity to expand housing due lo maintaining an eth05 of connected decision making and restrictions of planning in the greenbelt. Therefore. the 7-Year Plan details one further residential development. Sturt5 Communty Trust wlll Page 11

DocuyJn EnvovJpo10.. 4A038W-024942E&934>3F090F889A69 Sturts Community Trust Board Report Year Ended 31 August 2025 apply for grant funding from Ihe 2026 Homes England scheme to support new developments. Completion is unlikely before 2028. with approximately 15Oh of new supply delivered upon completion. Re-lnvestmenl The small nature of the Co-Housing and new development has had a impact on Ihe percentage of re-inveslmenl. This can be seen by the change in figures belween 2020 at 12.77%. 2021 at 21.36%. 2022 at 0.67Yo, 2023 at 1.93%. 2024 at O'k and 2025 at 0.36%. However, this said, the amounl re-invested remains high. This is attributsble to the change in model of service provision and the conversion of larger shared housing into smaller. self-contained units with shared facilities. Work continues in this respect. and it ts deemed necessary in responding to Good Practice criteria detailed by Care Qualty Commission. 'Right support- Right care- Rtght CultU￿._ published October 2022 Gearin Slurts Community Trust has made il a policy lemi that the charity will nol exceed the 2021 gearing level of 10.81 % and thi$ policy will urKlerpin future development dectsions. eratin Mar in Slurts Community Trust has opened a 5erie5 of inlere5t-bearing accounts and has developed and ratified an Investment PolKy. Sturts Community Tnjst will indude in all cydical maintenance an assessment of sustainability. insulation, and renewables. SCT will commission ftjrlher f￿ana81 mrwjelling on the funding of the maintenance programme long- temi. Value for Mone Metric5 Metri¢ 1 - Reinvestment Y. Metric 2 - New supply delivered % 2025 0.36% 0% for swal housing units 2024 ov. Oyo for social housing units 0% for non-soaal housin 5.28% o.kn for non-so¢ial housin units 5.60¢ 0.30 Metric 3 - Gearin Metric 4 Eamings before interest. depreciation. amortisation. major repairs included IEBITDA MRI) Interest Cover Metric 5- Headline social housin Melric 6- Operating Margin Yo cost unit £42.856 -19.23V. for social housing units £39,864 9.57% for social housing units 4.94% total 2.57% -0.67•/• total .30% Metric 7- Retum on ca ital em ROCE Financial rnview We are reporting a sU￿u$ I (deficit) the year ended 31 August 2025 of £187.181 (asswiation}. £176.945 (group) (2024: (£21.4821- asswiation. {£72.332)- group). Reserves Polky The Board has considered Ihe financial position of the assouation and what reserves are necessary to safeguard the viability of the asswation's operations in the future. As explained in the going concern a¢¢ounting policy the board have cOns￿ered the level of lunds held and ts expected level of income Page 12

Oocusgn Envow ID: 4A0385AF.o24￿ZEb-934&3FCIS0F8￿9￿fj9 Slurts Community Trust Board Report Year Ended 31 August 2025 and expendilure for 12 m¢)nths from aulhuising these fina)cial statements and consider these to be sufficient for the association to be ab￿ to continue as a ￿Ing concern. The Board has set aside sums lo cover specific risks and kn¢ywn cost5 that will arise in the future. The properties were transferred at fair values and are essential for our operations bul the capital they represent is not available to spend. The Board has also set aside sums towards meetsng the retirement needs and the planned social actiwlies of Ihe Co-workers. These sums have been sel aside to designated reserves as shown in Note 16. -Reserves". This leaves us with a surplus of free reseryes of £278,062 (associats"on). £216,975 Igroupl 12024.. £138.989 - association, £88.139 - group) in free reserves at the yearnd (calculated by deducting the nel book value of fixed assets excluding 'land and buildings. of £121,79912024.' £111,377) {see note 9} which are not covered by designations or restriclions. from the general unrestricted fund balance of £399.861 lasswalionl, £338.774 Igroupl12024: £250.366- association, £199.516 - group) Isee note 161). The current policy of the Trust is to ensure that free reserves and the ability to realise cash quickly from our fixed assets are suffioenl to cover three months. expenditure in Ihe event of any major financial issue. The free reserves at the end of the financial year represent 28 day s expenditure and there is CUTrenUy the potential to offer fixed assets as eollateral shtyjld the need arise lo raise funding at short nolicE. The intention is to build up ffee reseNes for the future. and the Board is considering what actions are required lo increase funding to meet Ihis obieclive. Risk manag•ment The Board has established a process for reviewing the key risks facing the Trust and for ensuring that actions are taken lo manage those risks_ A detsiled annual risk assessment exercise 15 carried out by each activity and the results of these are reported to the Board. The Board have e4)nsidered the major risks to which the asSO￿a￿"0n is exposed. as set out in these reports. and are satisfied that systems and procedures are in place to manage those risks Of that action is being laken to establish such systems and procedures. Prlnclpal rfsks and uncertalntles The board examines the major risks that the association faces each financial year when preparing and updating the budget. The prin￿paI risks identsfd are.. . Reduction in income through the financial wessures from local authorities. . A lack of suitably trained stsff. . Increased inflation and impact ￿ costs. The association has developed systems to monitor and control these risks and to miligale any ifflpact thal they may have on the assoeiatit)n in the firture. Reference and administrative detalls The organisation is a charitsble company limited by guarantee and a registered provider of social housing. incorporated on 14th January 2013. registered as a charity on 23rd May 2013 and registered as a housing association 5th March 2020. The ￿rnPanY was established under a Memorandum of Association. which established the objects and powers of the Association arbd is govemed under its Articles of Association. Strnc￿re Govemance and Management Governlng Document The association operates under a Memorandum and Arlicles ol AssociatM)n as incorporatèd on the 23r of May 2013 and as amended 15 May 2018. Page 13

DouJ$i9n Env81)pe10.. 4A0385AF.D24942E&9343-3FD90F889A69 Sturts Community Trust Board Report Year Ended 31 August 2025 In accordance with the SORP. the accounts of the association disdose certain payments and benefits lo The Board and others. which the Board believe they have the power to make under the terms of the governing document. Appointmen( retlrernent and tralnlng of the Board The Board. must be members of Sturts Community Trust. are nominated by the Board of Management. The Memorandum and Ath"des of Assoaation sts"pulate that most of the Board musl be exlemal members who are not co-workers or otherwise resident in one of the Trust communities. Employees are not eligible to be 8oard members. The Board retire by rotation after Ihree years of service but may offer themselves for reappointment at the annual meeting ol the members of the assooation. An induction pack is provided for all 8oard members and speckalist training is carried oul on topics such as governance. from time to time as required. The pay of key management personnel is reviewed annually al the lime the annual budget is being considefed, and the factors considered are inflation. comparable pay levels and most importantly the association's abilty to pay. Members Members of the Slurts Comrnunty Trust c￿trIbute an amounl ￿t exceeding £1 to the assets of the association in the event of winding up. There are currenty 15 members of ihe Trust. Membership of the Trust confers certain rights with respect to general meetings of the Tnjsl including the right lo vole at such meetings. Governance of the Assoclallon The Board recognise their ultimate responsibility for directing the affairs of the Tru51. and for ensuring that it is solvent. well-run. and delivering the charitable outcomes for the benefit of the public for which it has been set up. The 8oard meet quarterly to review re￿)rtS from the actwities of the association and to discuss matt&Ts which are retained by the Board such as the strategic dire￿On of the Trust, govemance issues and finanaal oversight. Publlc Benefft The Board have gNen due regard to public benefrt when planning the association's activities. in accordance with Charity Commission guidan￿ on public benefit. This report sets out our activities. achievements and perfcKrnance during the year, which are directly related to the objeels and purposes for which the associatK¢n exists. The association achieves its principal objects and purposes through Ihe provision of SUp￿rted accommodation and personal care to people with a leaming disability and the activty of running a bio4ynamic fami. It does this within the ontext of an indusive co-housing communriy. The as5o￿ation is committed lo training in the above fiel¢Js. The community runs communty events for the local populalion and supports a local allotment society. These benefits are directly related to the aims of the association and are fully compliant with the Charily Commission Principles on Public Benefft. Compliance with Governanu and Flnanclal Wiablllty Slandard The Board confirms that Slurts Community Trust Housing Association complies with the requirements of the Govemanee and Financial Viabilty Standard 2020 and has adopted and applied the recommended practice of the Charity Govemance Code for Larger Charities. Page 14

Docjjsgn Emfob)p810.' 4Ao3BW.D24￿lE&9J4>3FQgDF889A69 Sturts Community Trust Board Report Year Ended 31 August 2025 Dlrectors, rtsponsibllltles The Board is responsible for preparing the reF*Yt arKI financial statements in accordance with applicable law and regulations. Th8 Companies Act 2006 and wislered social housing ￿giSlatI)n require the Board lo prepare financial statements for each financial year which give a true and fair view of the situation of the associalK)n and of its income and expenditure for that period. In preparing these financial statements. Ihe Board is required to: select suitable a¢￿￿nting policies and then apply them consistenty. make judgements and estimales that are reasonable and pn￿ent. slate whether appli￿ble aecounting standards have been followed, subject lo any material departures disclosed and explained in the finanaal stslements.. and prepare the financial statements on the going concem basis unless it is inappropriate lo presume that the association will continue in business. The Board is responsible for kee￿ng proper accounting records whKh disclose with reasonable accuracy at any time the finanual position of the association and enable it to ensure that the financial statements comply with the Companies Aet 2006 the Housing and Regeneration Act 2008 and the Accounting Direction for private registefed providers of social housing in England 2022. 11 has general responsibility for tsking reasonable steps lo safeguard the assets of the assoaation and lo prevent and dete￿ fraud and other irregulants"es. Disclosure of Informalion to the auditors We. the direct￿ of the company who held office at the date of approval of these Financial Statements as set out above each confirTn. so far as we are aware. IhaL there is no ￿levant audil infomiatiw of which the company's audrtors are unaware: and we have taken all the steps thal we ought to have tsken as directors to rnake ourselves aware of any relevant audit information and to establish that the company s auditors are aware of that infomialion. 26 Approved by ￿ Board on ...... February 2026 and signed on its behalf by: ILW54 r Veniamin ark Lh)yd Page 15

DocjJ￿gn Enveh)pe 10.. 4Au38SAF.D24￿?E&9343-3F09oFB89A6g Sturts Community Trust Independent Audito￿5 Report Year Ended 31 August 2025 Independent Audltorfs Report to the MOM￿￿$ of Sturts Communlty Trust Oplnlon We have audited Ihe financial statements of Sturts Community Trust (the group) for the year ended 31 August 2025 which comprise the group and company Slatemenl of Comprehenswe Income, group and company Balance Sheet. group and company Statement of Changes in Reserves. group Cash Fk>w statement and notes lo the financial statements. including a summary of significant accwnting policies. The finaneial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounling Stsndards. including Financial Reportin9 Stsndard 102 Th8 Financial Reporting Standard applicable in the UKand Republic of Ireland (Uniled Kingdom Generally Accepted Accounting Practice}. In our opinion the financial Stateff￿n￿: give a true and fair view of the slate of the group and company affairs as of 31 August 2025. and of its incoffling resources and application of resources. induding its income and expenditure. for the year then ended.. have been properly prepared in accordarte wilh United Kingdom Generally Accepted Accounting Practice.. and have been prepared in accordance with the requirements of the Companies Act 2006, the Housing and Regeneration Ad 2008 and the Accounkn"ng Direetion for private registered provKlers of social housing in England 2022. Basls for oplnlon We conducted (￿r audit in accordance with Intemational Standards on Auditing (UK) IISAS {UK}} and applicable law. Our responsibilities under those standards are further described in the Audilorfs responsibilities for the audit of the financial statements section of our report. We are independent of the association in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit ewdence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to going concern In auditing the financial statements. we have concluded that the board's use of the going concem basis of accounting in the preparation of the financial statements ss appfopriate. Based on the work we have performed. we have not KJ8nlified any material uncertainties relating to events or condit￿n$ that. individually or cdlectivety, may cast significanl doubt on the association's ability lo continue as a going concern for a period of at *st Iwelve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of thé board with respect to going concem are described in the relevant seCt￿n$ of this report. Page 16

Docu&gn EnvglOPO 10.. 4A03B5AF.O24￿2EB-g34>3FD9oFB Slurts Community Trust Independent Auditorfs Report Year Ended 31 August 2025 Other Information The other information comprises the information included in the Board report. other than the financial statements and our auditorfs report thereon. The directors are responsible for the other information contsined within the Board report. Our ijpinion on the financial ststements does not cover the other information and. except to the extent otherwise explicitly stated in our re[￿, w8 do not express any forrn of assurance conclusion thereon. Our responsibility is lo read the other information and. in doing so, consider whether the other infoTmakn"on is materially ineonsistent wtlh the financial stslements or our knowledge oblained durin9 the audrt. or othe￿iSe appears to be materially misstated. If we idenlfy such material inconsistencies or apparent rnalerial misstatements. we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work w8 havè perfomied. we conclude thatthere is a material misstatemenl of this other inf￿Ma￿.On. we are required to report that fact. We have nothing lo rerKJrt in this regard. Oplnlons on other matters prescrlbed by the Companies Act 2006 In our opinion, based on the work undertaken during the audit: the information given in the board ￿pOrt for the financial year for which Ihe financial statements are prepared is consistent with the financial statements- and the board report has been prepa￿d in accordance wilh applicable legal requirgmgnts. Matters on whl¢h twe are requlred to report by exceptlon. In the light of our knowledge and understanding of the group and its environment obtained dtxing the audil. we have not KIentffj￿d material misstatements in the LM)ard report. We have nothing to report in respect of the following matters in relation to whth Companies Act 2006 requires us to report to you rf. in our opinion: adequate accounling records have not been kept or retums adequate for our audrfi have not been received from branches not wsited by us: or the fmancial statements are not in agreement th Ihe accounting records arKI retums.. or certain disclosu￿S of directors. remuneration specif￿￿ by law are not made; or we have not received all the infomlation and explanations we require for our audit: or the board was not entiued to prepare the financial stalements in accordance with the small companies. regime and take advantage of the sfflall companies. exemption in preparing the diredors, rep￿t and from the requirement lo preP￿e a strategic rety)rt. In addition, we have nothing lo report in respect of the folknying matter where the Housing and Regenerab'on kl 2008 requires us to to you rf. in our opinion: a satisfactory system of control over transactions has not been ma*)tained. Responslbllltles of the board As explained more fulty in the board's responsibilities statement sel out on page 15. the board members (who are also Ihe directrjrs ol the associat￿3n for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the board delemine is necessary lo enable the preparation of financial statements that are free from material misststement. whether due to fraud or error. Page 17

OooJ$ign EnveloFe ID.. 4A038SAF-OZ4942E&934HFDgOF889A69 Sturts Cornrnunity Trust Independent Auditor's Report Year Ended 31 August 2025 In preparing the financial slalemenls. the trx)ard is responsible for assessing the group and company ability to continue as a going concern. disclosing. as applicable. matters related to going eoncem and using Ihe going concern basis of accounting unless the tM)ard either witends to liquidate the associatson or to cease operations, or has no realistic altemative but to do so. Auditorfs responslbllltles for the audll of the Ilnanclal ststements Our objectives are lo obtain reasonable assurance aboutwhetherlhe financial statements are free from materi81 misstalemenl, whether due to fraud or error. and to issue an audrtor'$ report that includes our opinion. Reasonable assurance is a hi9h level of assurance but 15 not a guarantee that an audit onducted in accordance with ISAS (UK) will always detect a malerial misstatement when il exists. Misstatements can arise from fraud or error and are considered material rf. individually or in the aggregate. they could reasonably be expected lo influence the econom￿ decisions of users taken based <Jn Ihese financial statemenls. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design proCedU￿S in line with our responsibiliknes. outlined above. to detect material misstatements in respect of irregularities. induding fraud. The exlent lo which our procedures can detect irregularities. including fraud is detailed below: As part of our audit planning we obtsined an understanding of the legal and regulatory framework that is applicable to the Association. We gained an understsnding of the Association and the induslry in which the Assoeiation operates as part of this assessment to klenlify the key laws and regulations affecting the Association. As part of this. we reviewed the Association's website for indication of any regulations and certrficab.on in place and discussed these with the rekvant indNiduals responsible for compliance. The key regulations we identified were Chanty and Housing Association legislation. compliance with the Care Quality Commission I"CQC"). health and safety regulations and employment law. We also consK1e￿d those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and Statement of Recommended Practice ISORPI. We discussed with management and trustees how the compliance wth these laws and regulations in monitored and discussed polic￿$ and procedures in place. We also identsfied the individuals who have responsibility for ensuring that the Association complies with laws and regulations and deals with reporting any issues rf they arise. As part of our planning prC￿edures. we assessed the risk of any non-compliance wth laws and regulab"on5 on the Associab'on's ability to continue trading and the risk of material misstatement to the accounts. Based on this understanding we designed our audit pvocedures to identify non-compliance with svch laws and regulations. Our procedures involved the following: Enquilles of management regarding their knowledge of any nonthcompliance with laws and regulations that could affect the financial statements. As part of these enquiries, we also discussed wrth management whelher there have been any known instances. allegations or suspicions of fraud. Reviewed filings with Companies House and The Charity Commission and whether the￿ was any serious incident reports made during the year. Reviewed audit documentation from the CQC lo confimi compliance with slandards and ensuring continued registration with the CQC through the CQC websrf(e. Revmved legal and professional costs to identsfy any possible non-compliance. Reviewed Board minutes. Audited the risk of management ovemde of contro￿, i￿luding through le51ing journal errtries and other adjustments for appropriateness, and evaluating the business fationale of signfficant Iransact¢ons outside the normal course of business. Page 18

DO￿$V￿n Envebpa ID.. 4Ao385AF.024￿2EB-93I>3FD9DF8B9A6g Sturts Community Trust Independent Auditorfs Report Year Ended 31 August 2025 Audited the risk of fraud in revenue recognilion Icornpleteness and eutvoff of companton contract income I completeness of farm shop sales}. including analytical pr￿dureS and substantive testing of contract income. la￿ shop sales proof in total lest and substantive test￿g of cash takings. Because of the inherent limitatKJns of an audrt. there is a risk that we ￿11 not detect all irregulari118S. including those leading lo a mèlerial misststemenl in the financh31 statements or non-compliance with regulation. This risk increases the more that Com￿lance wrth a law or regulath.on is removed from the events and transactions reflected in the financial statements. as we ￿11 be less likely lo become aware of instances of non-compliance. The risk is also grealer regarding irregularities occurring due to traud ralher than error. as fraud invofves intentional concealment. forgery. collusion, omission or misrepreseniatK>n. A further description of our responsibilities is available on the Fina￿al Reporting Council's website at.. wwN.frc.org.uklaudilorsresponsibilitses. This description fomis part of our auditor's report. We communicate with those charged with governance regarding, among other matters. the planned scope and timing of the audit and sunificant audit findings. includwig any sKJnificant defiaencies in inlemal control that we identify during our audit. Use of our report This report is rnade solely to Ihe association's members. as a Lh)dy. in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 137 of the Housing and Regeneration Act 2008. Our audit work has been undertaken w that we might statg to the associat￿n'S members those matters we are required lo stsle to them in an auditorfs report and for no other purpose. To the fullest extent perniitted by law, we do not accept or assume responsibility to anyone other than the association and the association's members as a b(*. for our audit work. for this report. or for the opinions we have formed. F102131CE027W. Adrian Way FCA FCCA Senior Statutory Auditor For and on behalf of PKF Francis Clark Chartered Accountants and Statutory Auditors Towngate House 2- 8 Parkstone Road P￿le BH15 2PW 27 February 2026 Date-. Page 19

Docusign En¥ek)p10.. 4A038W-D24942E&9343-3F()W889A Sturts Community Trust ststement of Comprehensive Income (Including In¢ome and Expenditure Account) Year Ended 31 August 2025 Group 2025 Group Assoclalion Association 2024 2025 2024 Total Total Total Total Turnover 3.791273 3,208,506 3,792,273 3.208.506 Cost of sales {3.615.328) {3.280,8381 (3.605,092} {3.229.9881 Operating (deflclt) I surplus 176.945 72,332 187.181 21.482 T¢LIl comprehensfve Incomo for the year 176.945 {72.3321 187,181 {21.4821 The income and expenditure account has been prepared on the basis that all operations are continuing operations. 26 The income and expenditure account was approved on ........ February 2026 and stgned on behalf of the board by.. Mr Benjamln Mark Lloyd The notes on pages 24 to 37 form part of these accounts. Page 20

DorA45vJn env8lope ID.. 4A038W-D24942E&934>3F090F889N sturts Communlty Trust Balance Sheet Year Ended 31 August 2025 Company reglstratlon number: 08359958 Group 2025 GTOUP 2024 Association 2025 Association 2024 Note Fixed assets Tangible fixed assets 6.386.018 6.449,864 6.386.018 6,449.864 6,386,018 6.449.864 6.386.018 6,449,864 Currenl assets Stocks Debtors Investmenls Cash at bank and in hand 70.473 426,665 73.707 213.247 70.473 488.329 604 543,450 73.707 250,540 604 584.082 10 544028 584,391 1.041.770 871,949 1,102,856 908.933 Credltors: amounts falllng due within one year 12 {216.0261 (262.925) (216,0261 {249.0591 Net current assets l (Ilabllltles) 825.744 609,024 886.830 659.874 Total assets less ¢urrMt liabilities 7.211.762 7.058.888 7.272.848 7,109,738 Credltofs: amounts falllng du• after more than on& year 13 1790.310) (814,381) (790.310) {814.381) Total net assets l (liabilltlesl 6.421.452 6.244,507 6.482,538 6.295.357 Reserves Unreslricled funds Restri￿ed funds 16 16 6A19.175 2.2TI 8.242,230 2.277 6,480.261 2,277 6,293,080 2.277 Total Res¢Nes 6.421.452 6.244.507 6,482.538 6.295.357 26 The financial statements were approved and autthyised for issue by the Board on ...... February 2026 and signed on behalf of the board by Mr Benjamin Mark Ltyd The notes on pages 24 to 37 fom part of these accounts. Page 21

Doojsiw EnvaW10." 4A0385AF.D245L42EB-934>3FogoFB89A69 Sturts Community Trust Statement of Changes in Reservos Year Ended 31 August 2025 Group Genèrnl unreslricted fund D8signated ￿n￿sIriCted rml fvnd Total At 1 September 2023 334,656 5.982.183 6.316,839 -surplus l (deficill for the year (135,140) 2,277 60.531 (72,332) Total w>mprehen5iV• Income (135.140) 2.277 60.531 {72,332) At 31 August and 1 September 2024 Surplus I Ideficitl for the year Total ¢omprehen$ive Income 199.516 2.277 6.042.714 6,244.507 139.258 37,687 176,945 139.258 37.687 176,945 Al 31 August 2025 338.774 2.277 6.080.401 6,421,452 A$soGiation Desgnated unrestricted hjnd unre3tricte(l fvnd fund Total At 1 September 2023 334.656 5.982.183 6.316,839 Surplus I (deficit) for the year (84.290) 2.277 60.531 (21.482) Total Comprehensive lTrGome {84.290) 2,277 60,531 (21,482) At 31 August and 1 September 2024 Surplus l {deficitl for the year Total comprehensive in¢om• 250.366 2.277 6,042,714 6,295,357 149,494 37.687 187.181 149.494 37.687 187,181 At 31 August 2025 2.277 6.080,401 6,482,538 The notes on pages 24 10 37 fomi part ol rhese accounts. Page 22

00cus￿ EnveW 10.. 4A0385AF.024942E8-9343-3FOSOFB89A69 sturts Community Trust Statement of Cash Flows Year Ended 31 August 2025 Group 2025 Group 2024 Cash flow from ¢)perating acllvlties 17 129.130 211.501 Nel G•sh flow from operatlng actlvltles 129.130 211.501 Cash flow from Investing activities Purchase of tangible fixed assets Receipts from sale of tsngible fixed assets Interest receivable and similar income (74.597) 40S 150.207) Nel cash flow from investing actlvltles 174.192) {50.207) Cash flow from financing adivities Advancesl Repayment of loans and borrowings Interest payable and similar charges (39.951) (55.350) {36,372) {54,768) N•t cash Ilow from financing actlvltles {95.301) {91, 140) Net increase l {decrease) In Gash and Cash equivalents {40.363) 70,154 Cash and eash equlvalents at 1 September 2024 584.391 514.237 Cash and cash equivalents at 31 August 2025 544.028 584.391 Cash and cash equivalents conslsts ot. Cash at bank and in hand 544,028 584.391 Cash and cash équivalents at 31 August 2025 544.028 584,391 The notes on pages 24 to 37 fo￿ part of these accounts. Page 23

Docu$1￿ En¥elcye ID.. 4AD38S4F.024942E&9343-3FD90F8WJA69 Sturts Community Trust Notes to the Financial Statements Year Ended 31 August 2025 Sumrn•ry of slgnmcant accountlng pollcles lal Genoral infonnation and basis of pr•paratlon Sturts Community Trust is a private registered provider of social housing in the United Kingdom. The address of the registered office is given in the ￿gIStered provider infomation on page 1 of these financial statements. The nature of the registered providerfs operations and principal activities are. for the public benefit. lo relieve sickness. promote good health. provide social housing andlor care to and advan￿ the education and training of people with a disability (whether mental or physicall, the young. the old. or people otheNiise in need. in aecordance with the principles of Dr Rudolph Steiner. particularty (wilhoul limitation) by the establishment and maintenance of intentional commUnit￿S in the forn of villages. residential houses. day centres. kindergartens, schrx)Is, colleges or other types of social andlor educational community, in which beneficiaries live andlor work andlor lo which ttw otherwise resort. in community with persons providing support {known as"Co-workers"l. The registered provNJer conslilutes a public benefit entity as defined by FRS 102. The financial ststements have been prepared in accordance wilh applicable accounting standards including Financial Reporting Standard 102 The Financial Reporting Stondard Applicable in the UK and Republic of Ireland (FRS 102). the Statement of Recommended Practice for Social Housing Providers 2018, and with the Accounling Oirecbon for private registered providers of social housing in England 2022_ The financial statements are also prepared under the requirements of the Housing and Regeneration Act 2008 and the Companies Acl 2006. The financial slaternents have been prepared on a going concem basis under the historieal cost convention, m¢>Jif*d to indude certain items al fair value. The financial statements are prepared in sterling. whbch bs the funeth.onal cJJrrency of the registered provider, and roundgd to the nearest The signrficanl a¢￿Unting policies applied in the preparation of Ihese financial statements are set out below. These FM)licies have been consistently applied to all years presented unless olheThvise slated. (b) Group accounts The registered provider is required by the Companies Act 2006 to prepare group a¢￿unts. The consolidated accounis compnse the financial statements of Sturts Community Trust. and of its subsidiary Twin Oaks {CtrHousingl Construction Ltd {registered company no 12040819). (c) Tanglble fix•d assets Individual fixed assets eosb'ng £1.OCM) or more are initially recorded al cost. ￿sS any subsequent 8￿mulated depreciation and subseqLWIt accumulated impairment losses. (d) Depreciallon Depreciation is K￿yIded on all tarKJible fixed assets. at rates calculated lo write off the cost, less eslimaled ￿sIdUal value. of each asset on a systematic basis over its expecled useful lrfe as follows.. Tools and equipment 20% reductng ba￿nce Housing and other property 10- 50 years stravJht line Furniture and r￿Ing$ 20% reducing balance Motor vehides 25% reducing balance Page 24

Docusign Envdope ID." 4A036W￿124942E￿3￿3F0￿F8B9N Sturts Community Trust Notes to the Financial Statements Year Ended 31 August 2025 le) Impalrmenl All fixed assets are considered for impairment annually and delailed reviews of assets for pairment are carried out if there is an indication that impairnienl has 0￿Irred or rf they are not being deprecialed. {fj Current asset investments Cu￿ent asset investments are Induded at the k)wer of cost and net realisable value I market value. Ig) Stocks Stock consists of livestock. processed meat. other fann pfoduce, and bought farm shop slock. Livestock, meat and produce are valued at estimated sales value ￿s$ estimated cost to sell. Estimates are based upon published price lists from local Ma￿ets and national websites, along with local krKMiledge and experience. Shop stock is valued al the k)wer of cost and estimated selling price less cctsts to complete and sell, after due regard for obsdete and slow-movirKJ Stocks. Cost is determined using the first-in. frsl-out rnethod (FIFO). (h) Debtors and creditors r•ceivablt I payable within one year Debt¢ys and creditors with no ststed Inte￿$1 rate and receivable or payable within one year are recorded at transaction price. Any k)sses arising from impainn8nt are recognised in the statement of comprehensive income in other administratNe expenses. Rights of social landlords to have improvement works carried out to properties by a third paty {such as a local authority) are recognised as prepayrnents where payment has occurred in advance of the works being carrred out and receipts in advance from the same third party recognised as liabilities. Assets and liabilthes cff incom8 and expendbture are not offset. (i) Cash and equivalents Cash and eash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readity convertÈbk to a known arnounl of cash and are subject to an insbgnfficant risk of change in value. li> Loans and borrowings Interest-bearing borrowngs'are inilially recorded at fair value, nel of transaction costs. Interest- bearing borrowngs are subsequently carried at amortised ￿St, with the difference betsveen the proceeds. nel of transaction costs. and the amount due on redemption being recognised as a charge to the Statement of Financial Activilies over the period of the relevant borrowing. Concessionary k)ans include those payable to third parties which are interestfree or below market interest rates and are received lo advance charitable purpjses. All loans are measured at cost. lass impairment as perniitted by se¢b"on 34 of FRS 102. Interest expense is recognised based on the effective interest method and is induded in interest payable and similar charges. 8orrowings are classified as current liabilities unless the association has an unconditional right to defer settlemenl of the liability for at least Iwelve month5 after the reporting dale. Page 25

Do¢usw EnvdQPg ID.. 4AO38SAF.024M2E&9343-3F￿F8B9Mffj9 Sturts Community Trust Notes to the Financial Staternents Year Ended 31 August 2025 (k) Leases Rentals payable and receivatAe under operating leases are Charged to the statement of comprehensive in¢orne on a strawJht-line basts over the period ofthe lease. (11 Tax The aetivilies of Ihe registered provmjer are partialty exempt from VAT. The Association is registered lor VAT and can recover VAT on a proportion of its purchases. VAT incLbrred on purehases which i8 not recoverable is included a￿n9 with the expense to which it relates. or the item acquired. in the income and expenditure account or balance sheet respectivety. (rn) Tumover and other Incom• Tumover represents i￿1)me from the various activ[￿5 undertaken by the group. All income is recognised once the associal￿n has gntyuement to the income. il is probable that the ir)come will be re¢￿Ved and the amount of the income reeewable can be measured reliably. Donations are recognised when the associatM)n has been notified in writing of boih the amount and sethement dale. In the event that a donation is subject to condits'ons thal require a level of performance by the association bef￿e the a$s￿latIOn is enkn.tled to the funds. the income is deferred and not recognised until either those conditsons are fulty me( or the fuifilment of those ondilions is wholly within the control of the association a￿1 li is probable that the$8 conditions will be fulfilled in Ihe reporting period. Grants are recognised when the association has an enliuement lo the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yel to be met. the ir￿)rne is recognised as a liability and induded on the balance sheet as deferred income to be released. Social housing grant ISHG) is recognised when recervable. Vrfhere developments have been financed wholly or partly by SHG. the SPIG is reeognised as income. Housing association grants are included under SHG headings. If housing properbes are disposed of. scKial housing grants are repayable to the Homes & Communities Agency (HCA) or subject to restrictions on use and included wthin ueditors as part of a "Recycled Capilal Grant Funrf urKler most circumstances. Deferred income represents arn￿nts received for future perh)ds and is released to incoming resources in the period for which. it has been receNed. Such inc(xne is only deferred when: - The donor specrf*s that the grant ￿ d¢ywtion must onty bè used in future accnunting periods.. or - The donor has imposed conditions which must be befcffe the association has unconditional entiuement. Trading income is recognlsed as earried (that is. as the related 9Jods or services are rKovided). Investment incorne is recognised on a receivable basts. Income from eharitable and social IMwsÉng xtivities is recognised as eamed (as the related goods or services are provided) under witract. Other income is reeognised on a receivable basis. Page 26

0￿￿9n Enveknpe ID.. 4A038W-D24￿2E&9J4>3F090F889￿y Sturts Communlty Trust Notes to the Financial Statements Year Ended 31 August 2025 {n) Expenditure All expenditure is recognised once there is a legal or ￿nStrUCtive obl￿allOn to that expenditure. rt is probable settlement is required. and the amount can be measured reliably. All costs are allocated lo the appIThb￿ expenditure heading that a99regate similar costs tr) that calegory. Where costs cannot be directty attributed to headings. they have been allocated on a basis consislenl with the use of resources. with eentral staff costs allocated based on time spent, and depreciation eharges allLxated on the F￿rtI￿ of the asset's use. Other support costs are allocated based on the spread of staff costs. These are costs incurred in attracling voluntary income. the management of investments and those incurred in trading activrties that raise funds. Charitable expendilure comprtses those costs incurred by the associati¢)n in the delivery of its activities and services for its benefieiaries. It includes both costs that can be allocated direcuy to such activities and those costs ofan indirect nature necessary to support them. These include the costs attribulable to the association's compliance w￿h constitutional and stslutory requirements. includiry a￿lit. strategic management and board meetings and reimbursed expenses. lo) Pensions and other post4etlrement obllgatlons The association operates a defined contributson pension scheme. Contributions are charged in the slatemenl of finanoal activrties as they become payable in accordance with the rules of the scheme. (p) Reserves Restricted reserves are those reserves which are onty expendable in accordance with the wishes of the funder or regulatory b(xJy. Restricled resgrves indude funds raised in response lo a specific appeal. Revenue and expendilure cannot be directly set against restricted reserves but 1$ taken through the statement of comprehensive income and then a transfer lo l from restricted reserves are made as appropriate. Unreslricled general reseNe - these funds can be used in accordance with the objKtives of the Association at the discretion of the board. Designated reserves are part of unrestn.cted reserves whieh have been designated by the Board for a particular purpose. Such designations may be reversed by future Board decisions. Oelails of reserves are shown in note 16. (ql Going concem The financial statements have been kyepared on a going concem basis. As expkined In the annual report the board have considered Current risks. fijture uncertainty and the impact on the association's operations and finances in the short to medium temi. In the opinion of the board, the association has Suff￿lent WOTking capital to continue to meet its financial obligations and pay its liabilities as they fall due for the foreseeable future and therefore the financial statements have been prepared on a going concem basis. The board have considered the level of funds held and the expected level of inwme aThJ expendrture for 12 months from authorising these financial ststemenls. The bL*Jgeled income and expenditure are suffioent with the level of reserves held for the a$swiation to be able to conlinue as a goirvJ concem. Page 27

Docusign Envaiow 10.. 4A0385AF-D24￿2E&gW3F090F￿B9Afj9 Sturts Community Trust Notes to Ihe Financial Statements Year Ended 31 August 2025 Turnover, cost of sales. admlnlstrallve expendltuwe arKI operallng surplus l (deficit) The assoualion has not provided irrformalion required by part 1 of the Accounting Direction for so￿al Housing in England 2022 on the grwnds that it is small. Social housing turnover and costs - Group and Assoclatlon 2025 2024 Rents receivable excluding service charges Service charges receivable Revenue grants receivable Capital grant5 receivable Social housing acltvity expenditure 57S.996 253.793 42.S96 523,269 217,821 42,266 (1.242.819) (1.156,047) Operating surplus l {deficit} from social housirvJ aCtivit￿S 395.534 232,215 Net surplus I Idefic4t) from social 1K￿SIr￿j adivibes 1159.S831 70,953 losses Accomrnodatlon owned - Group and Association Number of units at 31 August 2025 Number of unils at 31 August 2024 Completed units.. Social Housing 29 29 Surplus l {dofiGitl on ordinary activities - Group and A$s￿latIOn Surplus l (deficit) on ordinary aclivities 1$ stated after charging l {creditirol: 2025 2024 Auditor's remuneration linduding expenses and benefits in knndl for audit 27.800 22,330 Dep.reciation of rued assets 137,770 127,433 Page 28

Docusign EnvelW10.. 4A03W-024942EB-934>3F090FB89A69 Sturts Community Trust Notes to the Financial Statements Year Ended 31 August 2025 Auditorfs remuneration . Group and Association 2025 2024 Fees payable to the Registered Providerfs auditor for the audit of the Regi81ered Providerfs anwal accounts 27.800 22,330 Fees payable to the Registered Providerfs auditor for seplices other than thosè of extemal audit 5.717 6.905 33.517 29,235 Board and k•y m•nagemenl petsonnel remunerali¢)n - Group and Association The lolal remuneration fry key management perS￿ne1 amounted to £63.Ok (2024 - £155.3k). Slaff costs- Group and Associatlon The average number of employees. including members of the executwe team. calculated on a full-time equivalent was 55 employees {2024 - 48). The aggregatè remuneration of such empktryees was as folhM: 2025 2024 Wages and salaries Social secunty costs Pension costs 1.405,771 124,657 21,705 1,281.235 103.871 22,451 1.552.133 1.407.557 Page 29

Oocjjsign Envèw ID.. 4AOWAF.024942EB-9343-3FQWFB89 Sturts Community Trust Notes to the Financial Statements Year Ended 31 August 2025 Tanglbl• fixed a$sets- housing propertles- Group and Asso¢latlon Land and buildings Total Cost: Al 1 Seplernber 2024 Additions Transfers Al 31 August 2025 4.563.744 13.850 4.563.744 13,850 4.577.594 4.577.594 Depreciation.. Al 1 September 2024 Charge for the year At 31 August 2025 648.637 80.424 729.061 648,637 80.424 729.061 Nel book value- At 31 August 202S 3.848.533 3.848.533 Al 31 August 2024 3.915.107 3.915.107 Tangible flxed assets- olhor- Group and AssoGiatio Lar￿ and LwilJing5 Fumiture and fittirb3S Motor v•hid•s Twls and •quipm8nt Total Cost or valuation.. At 1 September 2024 Additsons Disposals At 31 August 2025 2.702,683 20.815 221.424 69.745 26.072 12.745 83.072 105.451 3,099,303 13.860 60.747 12,745 119.311 3,147.305 2.723.498 221.424 Depreeiation.. At 1 September 2024 Charge for Ihe year Eliminated on disposals At 31 August 2025 279.303 28.509 187.628 6,759 42.913 10,800 12.072) 41.641 $4.702 11.278 564.546 57,346 (12.0721 609.820 307,812 194.387 65.980 Net l)ook vaue". At 31 August 2025 2.415.686 27,037 41.431 53.331 2,537.485 At 31 August 2024 2.423.380 33.796 26.832 50.749 2,534,757 Totsl fixed assets.. 2025 2024 Housing propetties Olher 3.848.533 2.537.485 3.91S.107 2,534.757 6,386,018 6.449.864 Page 30

OocusvJn Env8k)pe ID.. 4A038sAF.024￿2E&9343-3F￿g0FB85￿9 Sturts Community Trust Notes to the Financial SL*ements Year Ended 31 August 2025 10 Dèbtors Group 202S Group 2024 AssKiatlon 2025 Association 2024 Trade deblors Prepayments and accfued income Olher debtors VAT recoverable Amounts owed by subsidiary 304,734 42.764 79,167 171.271 5.727 35.842 407 304.734 42.764 79.123 171.271 5,727 32.134 407 41.001 61.708 426,665 213.247 488,329 250.540 11 Current asset investments- Group and Assoclatlon 2025 2024 Listed investments 604 604 12 Creditors: amounts falling due within one year Group 2025 Grwp 2024 Asso¢iati¢>n Association 2025 2024 Bank loans Trade creditors Concgssionary loans Other tsxation and social security Other credit¢XS Accnjals Deferred ineome VAT Liability 24.221 48.774 2.000 27.941 27.151 64.466 19,754 1.719 38,101 60.069 4.000 28.939 49,395 40.710 41.711 24,221 48.774 2.000 27.941 27.151 64.466 19.754 1,719 38,101 46,203 4,000 28,939 49,395 40,710 41,711 216.026 262.925 216,026 249,059 Page 31

Eth￿0￿10.. 4A0385AF.Dz4942E8-934>￿D￿￿BegASg Sturts Community Trust Notes to the Financial Statements Year Ended 31 August 2025 13 Creditors: amounts falllng due after moro than one year- Group and Assoclatlon 2025 2024 Bank loans concession￿ loans $86,773 203.537 608.844 205.537 790.310 814.381 Bank loans are secured with fixed and floating charges against ihe freehold propety of the housing association. 14 Leases- Group and Assoclatlon Operating leases- lessee Total future minimum lease payments under nOn-cancellab￿ operating leases are as follows: 2025 2024 Not later than one year Later than one and not later than five years Lalgr than five ye 7.497 5,325 5,906 7.927 12.822 13.833 15 Pension and other schemes- Group and Assoclatlon The housing assoaation operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the housing association to the Sche￿ and amounted to £21.70512024 - £22.451). Contributions totslling £Nil {2024 - £4.980> were payable to the scheme at the year end and are included h￿thIn other credilors. Page 32

Sturt5 Community Trust Notes to the Financial Statements Year Ended 31 August 2025 16 Rs•trv•$ For•rnrd 01m￿24 hi¢iNM Trwsfw Gths I ILoss•sl 3110W2025 UnrnstriGted Funds G8n¢r81 unr¢stythd fu 199.516 3.TT2278 13.4W2.7821 1140.2371 338.774 D•8ign¥t•d unmtri¢i•d fvthd Bènevolent fijnd Swial fund Propty captial luTrS Pmpwty m¥intenan¢e fund l ente￿nse caprtal fund PLqnned and t￿tal ma￿1•￿¢0 12.7WI {10.1971 1108.9331 432.945 18.887 5.455,688 42.881 22.( 1L.L 3,102 5.494.lJ)2 28,517 12,lYXI 108.CW) 25.981 70.619 15.0￿) 10.[￿*) R4¥tyi¢t•d fvnds 19.995 119.9951 Acttssth Vegeta￿e￿￿￿Try &y41 2277 6244.9)7 3.M.273 {3.615.Y281 6.421.452

Sturts Community TNst Notes to the Financial StatemtAt8 Year Ended 31 August 2025 Unr•th¢W Fyn¢ls General unre51rKted furyj 334.656 3.189.206 I3.￿.¥￿11 IUl.1251 199.516 Oesignaled Unres1￿¢1•dfj￿nd• Benevolent fund

xial fund Plopoty capnal fu Property maintenaKefund 415222 132.829) 121.9531 1107.3291 17.4631 14, 397.093 3.102 5.494,W2 28.517 12.0 IOB.O 5,566,951 31.370 PIHnned a￿j￿￿￿￿1 rnairter 108.wj Garden irnprovements Accessibk Yewatr￿e GYtrhirvJforal io.c 110.fK#)I 16.943} 2.277 6.316B39 3.208.5C6 {3280.838} 6.244.507 Theskth pwwxesk¥thKh thelLrth we to 85 kv". crA¥orkers￿3l fund.The soaal fvnd C￿ forlo cal£rforex(wknal LifLJJrrartos ofthiw n88d. PTOWty ¢Pit¥l ￿Nd. Thts furf been tstaied tornfrt the vdI￿1and trA￿d￿lA$held by tsTrust. net 0f￿Y b b3ns arwj tBLqt 8ns (Yjtyt8rKY￿￿ atthe b4n¢8 shoetdate.

Sturts Community Trnst Notes to the Financial Statsments Y8ar End8d 31 Auyu8t2025 SocKg1 enterpw ¢aprf81 fund. esi8tytsW toy#ytfith¢• rel1 to￿1￿$ and The Fannywd PTt. fund en5ure5 re%Jurces are sel aside t0fir￿￿ ￿frastructLYe fatm tyji￿ry erthmrnents. and ithlNes n akgnment ith th¢ organisation's $¢Y¢n.ye k48n. It 0 $6rv¢$8s • ftyJrN#•kn fvThJBw efft#ts. ¢omp1lante￿th the Homes stsntsth. ¢rr Rwnis•d F¢Jnvard Gns1 ILoss•sl 3110812025 01m12014 Un￿trIct4￿ F￿dI Ge￿¥1 unresltithd furrfj 2&1.￿ 3.712.278 13.482.547) {14OXJn 399.861 D•tslgnatqd unr•thd•dlurwJs 8￿@V￿*￿fUn4 &xial fund Prowty capita fund pffjF￿ maintgnance fun S¢¢ial entfrpri%gr8pit¥l fund Planned and cydKal rnwnlenanLYJ 12.rn)1 110.197) 1106.9331 1636) 432.945 18.887 5,455.688 42.881 22.000 1￿.[￿)0 3.102 5.494.ID2 28.517 12.1 25.981 70.619 15,LbJ 10.LN R4slrfct4d lunds Cabin 19.9 119,9951 2.277 Z277 6.295,351 3.792.273 13.flJ5.IJY21 6.481538

Sturts Comrnunity Trust Notes to the Financlal Statomo Year Ended 31 Augu$t 2025 Other Gth5 1 ILoss•sI 3110112024 UnrMlrkt•d Fund• G•nBf81 Un￿strthd fLknJ 334.￿ 3.189286 13.013.451) {2X).125) 2￿.366 Oqsigna¢•d ￿nI•￿triE1•d Benevdentfund SDcial fur Prowrty captal luNJ Prorffj maintenance s¢¢￿1 wiwpritsptsl fur Pknod and cydical mainténar 415.rL2 {32.B29) 121.9531 1107.3291 .4831 14.ItXI 25.055 34.370 397.093 3.102 5.494.002 28.517 12.000 1(.￿0 S,566.%1 12.000 10B.LUO G¥den Irrwo¥eTh*nts ACcessi￿e ve9eL4b￿￿￿AITrj 10,CUI (10.(K#)} 16.9431 22TI 6.316.￿ 32v8.%￿ (3x9.9081 6.295,357

DovJsvJn EnV8hJ￿l0.. 4A0385AF.024942E&934>3F090FBB9A69 Slurts Community Trust Notes to the Financial Staternents Year Ended 31 August 2025 17 Reconclllatlon of operating Surp1￿ l (deficitl to cash flow from operatlng actlvitles (group) 2025 2024 Surplus l {deflcll} for the year 176.945 (72,332) Deprethation Investment incorne Financ8 Costs (Gains) I losses on investments (Profit) I loss on disposal of tangible fixed assets Ilncrease} l Decrease in slocks Ilncrease} l Decrease in debt¢ys Increase l {Decreasel in creditors Increase l {Decreasel in deferred income Net cash flow from operating actlvltles 137.rio 127.433 55,350 54.768 3.234 (213.4181 {9.0621 21,957 129.130 113.097) 37.293 38.901 38.535 211.501 18 Related party transactlons - Association During the year the Trust made the following related party transactions: Slgnpost HR Solutions (A company in which C Darby-Jenkins. a member of the Board of the housing association. is a director and shareholder) Fees for HR services were eharged to the housing associalion during Ihe year totalling £5,069 {2024 - £5.198). At the balance sheet date. the amount due to Signpost HR Solutions was £Nil (2024 - £6381. Twln Oaks {Co•Housing) Construdion Limited {Subsidiary) During Ihe year advances of £20,707 {2024 - £41,000) were made to Twin Oaks (Co-Housingl Construction Ltd from Sturts Communty Trust. The amount due from Twn Oaks (Co-Housingl constructi￿ Limbted at the balance sheet date is £61,708 {2024: £41,001). Related ￿nefiCIarieS During the year two beneficiaiTres of the Association seryices were related to members of the Board. The transactions were made on tem)s equivalent to those that prevail in an ami's length transaction. Page 37