Company registsation nuffthr D934779D IEngland and Wales) SJC Chartered Accountants MRS D M FRANCE-HAYHURST FOUNDATION ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2025 MRS D M FRANCE-HAYHURST FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trust•&s Mr CG Henretty Mr PR Posnett Ms PA San(k Mrs J SIEarer Mr AM Wright Mr JG Sitnp% Charfty numbèr 11&1394 Company nurnbBr 0934779) Reglstered olfice CIO Clw18s Russdl Sp8ecNys LLP Compass House Lypiatt Road Chellenh￿￿ G￿)u￿Stershl GL50 2QJ Auditor SJC. Chartered AccounlaTts St John's ChambH5 Love Street Chester England CHI 10Y Banker5 HaThJelsbank 1st Flo(w. I￿aYS￿je Wlderspool &js1￿sS Park Stockton Heath Wattingto WM 6HL Soli¢itors Charles Russell S￿ech￿s LLP CIO Charles RLJssell Speerjfys LLP Compass House Lypiatt Road Chdlenh Gthce8tershirB GL50 2QJ Investmenl advlsors Rathbonés Group PLC 30 Grèsham Street London EC2V 7QN Property managers Fisher German LLP Iniemational House Kingsffi8ld Court C￿Ster Business Pwk Chester CH4 9RE MRS D M FRANCE-HAYHURST FOUNDATION CONTENTS Pagg Tru5tee5' rpp Stat8rnellt d tru5t88s' respon5itmli1￿s IndÈpendÈnl auditorfs repc Stat8rnent dfinanlial acIN1t￿S 10 Summary income eV￿lItUre aco)unt B31ance Sheet Ntstes to the finanual stalernents 12-Y2 MRS D M FRANCE-HAYHURST FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 30 MARCH 2025 The Irustee5 present Iheir annual tekW)ri arwj 5tsternents the yearended 30 Martth 2025. The financiel st8¢emerts h8ve been prepared in accorden￿ ￿7th the 8ccA)unbng poli¢ie$ Set out in note 1 to the Finenoi81 8lal8mentS 8nd Comply with thè ch8rity's goverThng dttumenl. IhÈ CompaniesAct 2tK)6 and "Accoull￿ng and Reroitiro by Charitses.. Statement of RecomÈnded Pracb"ce applr2ble to charl￿"ÈS prepar￿9 th￿r attounts *) aecixdance with Ihe Fnanual Reporbng Stsndard applc4)le in the UK aThJ ReputAic of *etsnd IFRS 1021" (effective 1 January 20191. Objectives and acli¥rties The objects of the Ch8rity are to SLJPFM)rt such charilabl? ￿￿K)se5 to rnak8 donation5 to such charrtable institutK>ns at such tim8 and in such mann8r as Ihe TrusteEs shall th￿k rrt. The Truslees confirtn Ihat Ihey have paid due r8gard to Ihe Charty Commi5son's guidance on puNic benefrt in deading what aclmties Ihe Charity 5hwld undertake in furttrErarFTr of the obJ8Cts of lh8 Chartty. The Charity has carried out its obj'ect5 duriry the yearfo. Ihe pthl1cb￿ffiI by making graTts to a numtrEr of registered charits'es. In th8 light ofthe impact of the cost of livi￿ crisi5 and conseqv8nbal falls in public (*Jnaticfis p*bcularfy on srnaller charib'es, 1he Trustees have ￿￿￿nued during the (x)U5eof this ffinanci41 yearto make a nurrt)er of wants to sU￿rt ongoins charitable actNities as w811 as Maki￿ grants f(x pr(¥8Ct costs and ratmtal expe￿Il￿Are. The Trusiees have been forAJSiThJ on makin9 granls to chaiities Cor￿￿￿ wilh aninal ￿fare and d)arities thal ￿1p peoplo in need or that fvrther educati￿81 projecis through interact*￿ wrth animals. Tre Trusteesconsider tris to be aptKopriate, t*iTrJ into a¢coun¢ Ihe letter of wishes left by Mrs Fra￿e-HaYr￿rsI wilh her Wll. Grant making Kolicy The Charity5 website 35sists in explainiry to w)lential grant appIl￿ts the otiects of the Charity 3nd the 9fdnt-makin9 process. The application forrn can be accessed from the ch￿￿5 websrte. The Trustees have established a grant-making [￿lleY forthe Cha￿, whith is avalab1e on Ihe Charity's website. This policy indicates Ihat the Charity wll suprort charities thal lal are registered the Charty ConThission for England and Wales. the orri¢e of the scotb.sh tharity Regulatorix the Charily CommissK)n br Norihem I￿lan¢y (* Ibl are ex￿p1 ￿ excepled charities Iwihin the meaning ol the Charities Act 20111. The pdicy bid￿lÈ8 Jhat the Chanty wll make grants primarity to pport project costs and caprtal expermyiture. The pdicyexplains that the C￿rity generalw congders the rna￿n9 ol grants of up 10 £5.000. bul in sowe or¢umstartes larg* grants may be aVaIla￿e_ As exyained above. the Tnotees have adjusled their grant-making FN)Iicy tempor3nty In the Iistht of Ihe Impact ot financial preswres on ch¥rties to ￿ke a numLErot grants to support ¢)ThJc¥ng ch￿ta￿ activib8S. ofthe grani t(￿￿1￿0n$ that applies to every grant is a report 8pplcth.on ofthe ￿an¢ must Je sent tts the Charty wlhin threè rnc¥)Ihs of ccrfnplètion ol a project. unless an amèmative tim8s¢alè for Ihis has been *JTbèd %ith lh• Trustee5 of he Charity This enable5 the Tru51ee5 to rniM]itor the appb.Gats[￿ ofgranL5 given by the Charity. MRS D M FRANCE-HAYHURST FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED} FOR THE YEAR ENDED 30 MARCH 2025 Achievoments and perforniance sign1ficant8ctiwt￿s andachieven7enls aGFinst obJeclwes The Trusiw ma(Je 9rents of £121,300 the year to supp(xl a nurnber of projects to be undertaken by other ch8ritie3. Detals a￿ set out in note 24 to Ihe a¢¢ounts. The tharites supported ranged from smJl local animal sanauaries to larg9 national animal welfare tharibÈs. as well as ch￿l12S using interaethon with annals to helF example. grants were made.. To Ihe National Foundati￿ Rets"re# servi￿ Anim￿$ to allow peoF4e working ￿ emwgency ¢0 retain their wnrtcino dogE A% tv.ts nrr.p Ihp. dr4J8 rpjeth rptirwpnl ao# ralhpr th￿ trj hp. iinnpr.ptvrity r>iJt dnwn dijp In thp prohibth.ve veterinary COStsar￿ upkeep. • To Ihe Dc¥J5 Trust for theirFreedorn prDject. whith Wps owner5 eSca￿TrY from d(KDestic ￿uSe by findirvJ a teny)rary hon* fortheir dog wrfh a lov￿9 fo*er ¢8￿r until treir ownets a￿ sale. seimed aThY reatry ro have back. • To Br￿1 Lodge Wildlrfe H￿PrtaI lo sukyort th￿[ Resped Proteci c￿treach Prweci. Thi5 Projeci oryanises workshops, 5ch(K)I visits and community everts lo encourage young perple and the wider cornmunity to become involi8d in ￿￿seP￿ati(￿ prqects, Ihei8by benefitung wildlrf8and Ihe lorAI ecosyslem. To wood13r￿S Aninal Sanctuary lo support ory(xng costs of rUnn￿g Sanciuari, which rescu8s, reha>ilitates, and rehornes an1[n8￿ across north-west of EngL4nd. To Forev8r Houids Trust 10 5UPVOrt th8 Cost of veterinary care tcy Ihe g8y￿￿dS ￿rCharS r8suJed by the Trust. To Whitby Wildfire Sanctuary to suP￿rt Ihe rA)St of buddi￿ a space dedirated to tr￿ge￿)g rehabilitati￿. Gr?nts arÈ ￿refullY Moni￿ed. vAlh updale rÈports provkled by ¢h*tlrÈs lo vthrh grants wÈrÈ made being consilered at their meelings. Jennifer Shearer has contsDued to klay a Tole in liaising wth grant applicants aThJ undertakiThJ an nitial a55e5Stnenl of applirAbon3. Pennv Sander5 aLs0 re5eawthe5 FM)55itAe grant ie(4pienL5 and projects. ￿'1￿ts were IT￿de lo a umber of tharities to which ￿ants h8v¢ twn rnode. in ?arb¢JJlar by Penny Sgnders, wh¢ I￿n rep(xted back to the Board. Investmentperforman(¥ The Charity's investment porfftslio Continues to be managed by R¥thbonos foll￿n9 the rnergw Wth Investec Tho benchmark ijsed in considerirvj the perftsrmw￿ of thè portftsko is a besp)ke benchmark ieflecbng Ihe strale9￿ asset lthalion ol the pDrtfolK). In Ihe c35e ol Ihe irrvestrnents [￿anag￿l by RalhtK)ne5. the iolal retum on the portfolio nel of fees during IhÈ year was ￿.95°￿. This Can be conparÈd wrth Ihe bencjynark. in *thith case the total ￿tuM for the same penod as +1.54°k. After rev*wing tr* I￿rtfOlIO in thtail wth Rathb(x)es. induding the investment managels attendan bi-annually at Tru5tees' rneeb.nqs lo di5CU5s the portfolw) and answer Tru5tees' qLE5tion& Trustees were satisfied ywith the portfdio over811 and wospect5 for futwe returrks of CUFrenl e￿no￿TrIC (%￿di1￿)n5. As regards Ihe investrTEnt propertes on the B05tsKk Estste. a prograrnme of maithenance woth in place. The TrLslee5 have continued Io ￿￿sIder possiNe ways in which to use the inveslrnent property fo increase the finanaal returns to the Charty in iK>th 1he short and IL￿g term. Financial review Gross ir￿Orne for the year ￿)un￿d lo £428M44 12(r24.. £411.7231. al 0fwh￿h is derNedfrorn the tharity5 Portfdio of investrnent prope￿eS 8nd h5ted investrnenis. Totsl expwKJrture arTK)unted to £479.31412024.. £431.8431 re5utting In a deficit of £50.47012024.. defioil of £20.1￿1. Aller takit¥J accounl of net Inv8sim8nt losses of £28.151 12024.. gain of £895.0141 arising on revaluation disposal of investrnenl assets there was a nel decrease in funds for the year of £78.621 12024.. increase of r874,8941. The Trusiees intend to keep sUff￿￿Trt liquid fynds in reS?￿e to enable the Charty to respond quid(ly 10 2ny appliratsons for grants thai they consider il to b8 appropriaie lo support. as well as lo me8t ongoing 8xpenses connected with the administration of ihe Charity. Total reserves as at 30 March 2025 amounted to £L.621.27D 12024.. £22,699,8911. The Charity's free reserves li.e exduding fixed asselinvestmentsl amotmled to £1,312,92712024.. £ 1,352.7341. MRS D M FRANCE-HAYHURST FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED} FOR THE YEAR ENDED 30 MARCH 2025 Inveslmentwhcy The Trustees, overarching intenlKn is 10 reted'n the in¥esthenl assets (such as protertyl intsctwithin the Charrty. to generele incom8. to 6nabl• furthgr grants tc lje made in lurth8rw¢e of ihe Charrtab￿ objects of the Charity. Howev&r. the Tru8t8&s will (on9der¢a￿fU1IY any opportunityttg that emerge io sell a Part￿Ular property or piece of lancl to gererate substantial captal eipts to be rtrinvested OT applied w the rDaking of grants. The TnJstees' investment FM)li¢y ststemenl regw¢*"ng investrnents m￿agaY by Rathbmes indicates that the overall objectives are to fftate suffi¢Jenl irKorne ard c*txtal gTtrMh to enawe the cP￿rity10 ¢aryoLrt its charrtable purpgses consistenly year by year with dUear￿ proper consKleraSon for future needs. The TnJ5tee5 reSe￿e the right lo exclude cornpanies or fund5 th8t C￿ out activili8s centrary to Ih8ir aitns orfrom hok1¥￿ particLlar investrn8nts that would eatna98 the Charivs r8PUtaticffl. The Trustees, policy statetnent ￿ relalion to the investment pro￿rt18S held on1h8 B05tock Estate indicat8S that it is th8 poh'cy of the Trustees so far a5 f*)ssitAe ja) to presuve and enhan¢* Ihe ￿pital vdue of the properties Ibl to ma)imise income. tskng into acrnunt Ihe pd￿Y a&0 of prÈserving and enhancing Ihe capital value of the properties. It also inthcales that il is the pdicy of ts Trustees in futherance of the tharitatle (*4'ects of Ihe Charity to Cons￿￿¥ in appropriate are￿)stan￿5 rn8￿ng land andior builrlirvJs on the Estajè 2vaiJabie to a tharity or tharities ftt acti¥it*s ￿8t fut1h8r the charitable purrx)ses of suth charity or charities. Plans for fvture periods The charitable acb'vth'es of the Charity ￿111 COnt￿Ue to be the makirwj of grants k) (Aher charities, Ihe fo￿5 beirvJ on charities Con￿rned animal welTrJre as well as ctsrities that help people In need or that furttrtr edUCat￿)nal pro1￿t$ through Interaction wth animals. The Truslees bwll k8ep under rev￿ whet1￿r tha1￿8s are ne8d8d to ￿ grant-M8￿.n9 w)licy to take accourrt of any economic coThlitK)ns aff￿knng (*aiitss. Stru¢tur*, go¥eman¢¢ and mana9ement Mrs D M France-Hayhursl Ch￿lable Trust11h8'Trusfi was e51ablish8d by the Will of Dinah Mary France-Hayhurst dated 17 ne 2003 and proved on 30 April 2(KJ4. Duriry Ihe Yeare￿ed 31 Marth 2015. the Trustees of Ihe Tiust decided that it vK)uld be in t￿1 b85t int8resiS of Trustloi the Trusl to be incw)oia18d by way of a transfer of assets and liabilities of the Trust to a new Gharilable rxjmpany established for this pwpose. The transfer to the c￿￿ty frorn the Trustwas cornpleted on 1 April 2015. The Charity is govemed by AricJÈs of As$(￿la￿on. UTh1er the hbcles of Associgbon r*w Trusiees are appointed by resolubon of the Trustees. The Arides of knociation provide tha[t￿re shall be a minimum of Ihree Trustees. The Irustew. who are also Ihe direct￿$ for purpose ol o)mpany law. arK1 who served duri￿ Ihe year and up to the date of signalure of If* financial slatements were- Mr CG Henretty MI PR POst￿tt Nls PA Sanders Mr5 J S￿earer Mr AM Wright Mr JG Simps(A) Re¢ruitn7enl 8nd apKvintmentof IrÉAStees When a new Trustee is appo￿ted, he or she Ls provided 8 r*)py of the key d0￿MenL* and an Introductic￿ to the work of the Charity. He or she o prwded with inf(xn7ation he or she needs io fulfil his or her role as 8 Trustee. legal advisers lo the Charity keep Ihe Trustees informed of relevanL changes ￿ ch*ity law arml governan<￿. The Trustees keep under review the major oper*onal a￿1 strategic risks the Charity f￿$ and a￿ satisfied Ihat systems have been e5tsblished lo minimise Ihe possible effects of such risks ￿ the Charity. None d thetnjstees any ￿ne￿la1 interest ￿ the d¢ity. All Of￿ tntstees a￿ members of the ￿MpanY and ￿arantee lo contribute £1 in the event of a wiThling up. MRS D M FRANCE-HAYHURST FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED} FOR THE YEAR ENDED 30 MARCH 2025 organisat￿Ra[5tIuCyUre The Trustees are respmsible for Ihe overall managemenl of the C￿lly. hokthrg re￿lar fvll Trustees meeb'ngs al least on a quart8rty basis to oversee th8 managwnenl cl the Ch*ity and of ils investments. as wel as to r8viw grant applcabons m*le to the Charrty. e Chanty holds considerable amounts of investrnent rwp&ty on the Bostock Estate in Cheshire. the income from which enables the (J)arity to serve rts gani-makirrfJ p￿r￿Se. Day to tjay management is deal wilh by Richard Baker and Jack Harfey. at FY6her GerrDan ChartereJ Surveyots, this beirxj overseen by 1he Trvstees in their meetings. In tjetween trustee neetings, Chri5 Henrety, Philip Posnett. and John sinp5￿ meet with Fisher German on a rn(￿thty basis lo discuss day to day tnalter5 rglating to Ihe rnanageffl8llt of th8 inv8Strn8nt pwertTr85. The financial nveslmenis hdd by the CharIty￿e maTha￿d by Rathkne5. This 15 agan revEwed by Ihe Trustees on a r9&￿Iar basis in rn￿lIng5. Day tr> day athinistrati)n ol Ihe Charity ￿ G2rr￿d out by Ihe ￿al advtsers io Charty. Charfes Russell Spee¢Nys LLP. Again. this is reviewed by the Trusiees on al least a Quarter￿ bass. Induct￿￿ an¢a training of truslees All of Ihe Trustees give their time freely a￿1 rK) Irt￿e8 r8rnurwdtion was pamj in the year. Detals of truste8 ex￿[￿&S disclosed in note 11 af the 2c£ounts. Trustees are requirÈd to disclose any rdevanl inlerÈ&t and lo intlude details in a Register ol Interests. A conflict of lite￿$t polw is in p.a￿ that requi￿$ Trusiees to wth(Iiaw from the decish)n maklro PToces5 rf a conflict i)1 Intere51 arr￿. Audltor In 8¢cordance ywilh the thnpwy's anides. a leg)lUb(￿ proFy)wg Ihat SJC. Chartered Attountants ￿ reappointed as audii of the ccxnpany will be ￿t at a G￿er31 mee￿"r￿. Small wmpanlès •xèmptl¢)n This report has been prepwed in arxordan¢e vAth IhÈ provisir￿S at4)licatde to conwanies wtitled to IhÈ small o)rnpanEs ex¢mty"on. Dl$clo$ur* of Informallon to audll¢r Each of the tru5fees ha5 confirrned that there rs nD iwrfortnatwjn (rf wthich Ihey awe awwe whith 15 relevant to Ihe audit. but of which the auditor is unaware. They have fvrther conffimie(I Ihar they hawe laken apprcpriak steps ￿ ￿ÈntrfY gJ¢h rdevanr 1nf0rrna￿0n and lo est*llsh that the audltor15 aware of such InformatIL￿_ Thè trusta8s' report was approved by the Board of Trustees. Mr CG Henretty Trust•0 22 October 2025 MRS D M FRANCE-HAYHURST FOUNDATION STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 30 MARCH 2025 The Irustee5. who are also the diredow5 of MT5 D M FwTrHayhuv51 Fourthtion lo￿ the of￿￿panY law, are responsible for p￿Paring the TrusTees' ReFM)rt and the Iinantial statements in accA)rdw￿W11h applicable la¥¥ and United KirvJdom Accounting SlaThJ*ds (Untted Kirvyjom Gen￿4￿ Attepted AecoLW)tir¥) Pr*￿e) C￿anY l&¥ r8quirès thè truste8s to prepare f￿an￿31 stai8m•nts for each f￿ar￿481 year whth give a true and fair vièw of the state of affair5 of th2 chanty and of the inc(xnitwJ re50wces and of re50urce5, induding the inc(xrE arxl expenditure, of the ch￿table (x)rnpany for liat year. In preparing these finan(ial statsrnents. th8 trusiees are requred io - select suitatrAe accounting policies and Ihen apply them consistenw, - observe the rneth￿S and prn¢iJes In the lJarities SQRP,. make judg8m8ntS and estirnales that are reason￿18 and pr￿fjenL - stale whelhÈr applicable UK Accounting Slandards have been fol(￿￿￿. subpct to any material departures dsclosed and explained in the fin￿cial slatements." and - prepare the financHI slaterrEnts on IFE g¢yng concern baws wle55 tt Is ￿ap￿D￿1aIe to presume Ih3t Ihe charity wll contkiue in i)perats"on. The IrusteÈs are responsible for keepir¥J adequate ￿)untIng rÈ¢cKds thai d6-lose with reasonable a¢cura¢y al any Ihe finaneial FW)sition of the charty and enat4e them to ensure that the finanoal staements compFy with the Comparies Act 2006. They are also responsib￿ for 5afeJuwding ts a55ets olthe charity and hence lor tahing reasonable 5tep5 for Ihe prevention and detection of trautj and i)If*r irwLAatiDe* MRS D M FRANCE-HAYHURST FOUNDATION INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MRS D M FRANCE-HAYHURST FOUNDATION Oplnion We have athyited the financial $tsten￿nts of Mrs D M FrartyHayhwsi Fcwnda1i￿ lthe'charily I br the year ended 30 March 2025 which cornprise th8 Statgment of finarrial activit￿8, Ihe surnffery irwme and exp8r￿llure actwnt. the ba￿nce sh8•t and notes lo the financial statements. v)duding sty3nificant ac￿nI1￿j policies_ The finan¢ig1 ￿POl￿ng framework Ihat has been applied in Iheir prEparation is applicable law and United Kingf*)tn Ac¢wtrting Ststvjards. induding Financial Reporting standard 102 The Finanoal Starmknl applicable in UKand Repubbc of IRlandlUnited Kin9Jom General A￿pted Attounb"ng PraCts￿l. In our opinion. the fin￿Ck￿l stalen￿￿.. give a true and fair view of th8 slate of charitaL48 crxnpany's affays as at 30 March 2025 and of lis incorning resources and applTht1C￿ resources, ncluding Is ir￿c￿￿ and eX￿n¢￿tUre, forthe year Ihen ended," have been woperfy prepar￿ in ar**Jrdanc£ with Unrted Kirydom Generalty Acx¥ted Acwuniiig Practice.. and have been prepared in ￿c(￿dan(* wth the requr8ments oflh8 Cunpalli85 Act 2tMI6. Basis lor opinion We conduclÈd our audit In aox*rthr* wilh Internatk)nal StsThlards on Auditin9 IUKI IISAS IUKII appliGqNe law. Our reswnsibilib.es under those s-.andards are further described in ihe Auditors ￿$1)0￿*￿111eS for Ihe audit of Ihe financ￿1 tatefflent5 sectson of our reporL We are independent ofthe charity in accowd3rKe with the elhical requirernen15 that are relevant to our aLkYit of the finanoal statements in the UK. I￿uding the FRC'S Ethical Slandard. and we have fufille(l our Qlher ethical ￿sponsIbl11t*S in aco)rdance with these requirwnents. We bdEve that the aL￿rt evide￿￿ we have obtained is sufficient ar¥J appropTlate fo provide a ba515 fly ouropiniDn. Conclusions relatirwj to going concern In sUd￿ng lh8 financial st8teffl8nts. we have rt that fact. We have n£*hng lo report n th6 rewd. Oplnions on other rnzttew5 prescribed by the C(xnpanigs Act 2006 In our opinion. based ￿ the Ylork underfaken in ￿ course of our audil. the inlormab.on 9ven in the trustees, report for Ihe finanoal year forwhich the fmanaal ststements aTr prepared, which Indudes Ihe dire¢tors' report prepwed for the purwses of compwy law. is consstent wth the finanial st8temenis." and the (Ji￿¢t(¥s, repKJrt li￿ded W￿lin the irLElees' repxxt has p￿pared in acCo￿arte with appli¢atle legal TequirernentS. MRS D M FRANCE-HAYHURST FOUNDATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF MRS D M FRANCE-HAYHURST FOUNDATION Matters on which we are r•quir•J Qo report by exceplion In the light of the knO￿dge understandiffj of the ¢hwity its emrorthenl (thined in Ihe course of audit. we hav8 not identffi•d maierial M￿StateMents in th8 directors. r8pc¥t induded th8 trustees, rèport. Wa hava nL*h'ng 10 report n rw4•et of Iha k4b)wing ma*+rs in teL4iic￿ to which tho CLYnparMès Act 2006 wuirÈs us to r8POrt to you rf, in (yjropinion.. adequate accounling ￿cor(b have Th)t been kept, or retwns adequaie ky ow audit have not been received from branches noi visrted by us". the fin8ncial sta￿eThts are not in agree￿Ent wthlhe 8¢￿n11Th) records and r¢turns'. or certain disclosures of trustees. remuneratK)n spec￿ed by law are not rnade." or we hève not received all the informalw)n atKI eXpl￿aID￿S we reqU￿e forour audit." or the Irusiees We￿ not ￿t￿e￿ ¢0 prepa￿ the finanoal statements in alxorljan￿ with the small companies re91rr￿ an¢J t2kp. ?dvanlaop. t)f t￿. gm￿1 ¢.ompanip£' p%p.mptinnq in prp.parir4J Ihp triJ£tpp*' rw and frnm ￿. rp.oiiirè.rnpnt In prow8 a strategic rewrt. Rgspon$iblitig$ of trustses As explained mre fully in the ststement of trustees, ￿SponSibl1 ities. the Irustees, are 4$0 the dre¢tors of Ihe Charity for the purpose of con¥)any L2w. ¥e resrM)nsitJe for Ihe wepardlion of the financial statements and for beinq satisf*d Ihat they give a Irue and fair view, and for such inlemal control as the irustees deiertnine is ￿t￿Sary lo enable the preparèron of finanaal staietnents that ale free frotn material tnis5tatement. whether due to fraud 01 eiror. In preparing the finanDal 5tatetnents, the trustee5 are re5PCn5ible for as5es5ing the charity'5 abilty to conb.nue a5 a goiTrg concern. disclosing, a5 applieable. matters rel8ted to going COn￿M ar¥J using the going o)norn basis of accountng unless the trusree$ erther Inlend lo liquidate Ihe charttabk CC%TVally or lo cease opeTations, of have ￿ reJli5lK altemative LNJI lo do so. Auditorfs responsitxlities lor the audit of the financial statements Our obieclives are lo obtain reasonable assuiance th)ut whetherthe ￿nan￿al SIa:e￿ents a5 a whole are free from rnaterial misstatement, whelher¢Jue to fr*JJ (* error. and to tssue an auditorfs report that inclu(￿9 our opnion. Reasona)le assuran 15 3 high levBI of assurancg but 15 not a guarantee Ihat ￿ audil conducted in aC￿r{lanCe with ISAS IUKI will a￿ays detect a material misstatementvthen it exists. Misstaternents can arise frorn fra￿ error and are conS￿ered rnaterial if, ndividually or in th8 aggfegate, IhEy COU￿ r88sonably be 8xpect8d to influen(x Ihe economic d8Cig0r￿ of users lak8n <)n ￿ basis of these financia statsrnents. Irregularities. in¢lwJn9 fraud. are inStan￿S 0ffnon-rnmrAlan￿ Mlh lahs and regulatiorts. We design pwKedures in line with Qur respon*bilth"es. vulined above. lo detect material Missta￿ents in resped of irregularities. mcluding fraud. The extent to vihich our pri)cedures are capableof dete(*nJ irregularibes, I￿udIng fraud 15 deta.led bebw. Based on our Understandi￿ oftt)e charitable c(mw)y the Ind￿ ￿ which it (perates. we kjentified that tre principal risks of non-compliants wth laws and reguL*"ons related to the by the ch*itable ¢onpany. whid) We￿ ¢onlrary to 8ppIKabl8 laws and reguL3tions indUd￿g fraud, and we considered the 8Xtent lo wh￿h n0n-cotnpli￿Ge might have a mat8ria effect on the financi7J statements. We also considered Ih05e laws regulations that have a di￿1 iwpact on the preparati(￿ of the fina￿21 stat8rn8nts such as lh8 coMpan￿S Act 20(￿. We evaluated tnana98rnenfs I￿ni1¥6$ arKI opportunities for fraudu18nt manipulation of f￿ancIal ststetn8nts lindudir¥J th8 risk of override of (x)ntro151, and deiertnined that the wncipal risk5 were rdated to nfflated revenue the thantable (x)mFanls net incorne for the year. MRS D M FRANCE-HAYHURST FOUNDATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF MRS D M FRANCE-HAYHURST FOUNDATION Audl proce¢JLYe5 perforrned included." reviewol ihe finatrid 5talevwil di5c105Ute5 to SUPPDrtitvJ docurDenth"on, review of any Corresponden￿ with legal advis￿$. enquiiies of Mana￿men1 and th￿ charged ￿ryth g0Veman￿ aroun éctu21 and potential lib9ation and claims. enquiries wth tharitable eompany's 4aff to idÈnbfy any instances with non-compliance wrth la￿￿ and regulation5, enquiries ol tThanagernent and ￿vIeW of monLhly managemerrt accounts and reports in so far as they relaled to Ihe [￿aTr￿al sfaternents. testing of jwmals 8nd evalu8tiig whether there was evidence ( bias by thè Trust$es Ihat rePre￿[rted a risk Lrf matetial Thtsstatern8nt due io fr3ud, utKl8rt3ki￿ detai19d substantiv8 tèsting of tnaterial items and a satnple of other items, C￿siderati(￿ of rea50nableness of the figures and anatyts'cal rewiew, Including cotnparison ￿th wevK)us years and expe(led trends, and review of the (x)rnrAiance with and elfectNeness of intemal control8. There are inherent limitabons in ts audit procedures desuibed above and the further rerroved non-complian￿ wth laws and r8gu181ions is from the events transactions reflected in the financkil slaiem8nts. the less lik81y w8 would b8come awdre of il Aso. Ihe risk of detecting a material rnis#alernent due to traud is hIg￿r Ihan the risk Df not detecting one resultsng from error. as fraud may In¥￿Ve dethberate ￿l￿rnent by. ￿ example. fo¥geryor ￿ten￿"onal MISrep￿sentation$, or thr(yJgh (y)Ilusion. A firther de5cripb.on of our reSp￿￿1￿.1￿J.e5 is available on the Finarrial Re￿rtiTrg CoutKil'5 website a-. https'.Itww trc.org.uklauditcwespongblit¢* This desuiOM)n fom¥ pwt of audrtc¢s owrt. Uso of our r￿ort This report 15 rn8d8 501ely to ch*itaNe eThnp8ny s [￿8rnberS. as a b(vfy, in aC¢xjrdan￿ wth Chaoer 3 of Part 16 of t CixYpani8s Act 2006. Our audit work has been undertaken so that W8 migm state to the Charrtab￿ Company s m8mber5 those mfjtters we are required to state to Ihen in ar) audrtorfs report for no othw pU￿oSe. To the fullest extent permilted by law. we do nol aC￿pt or assurne iesw)nsibility to ansx)ne other than the eh8ritable (x)rnpany and the charitatA8 company s members as a body. audit work. for ths report. orfor Ihe opini￿S we have formed. Nicolau¥ Sluawt Jenkin¥ ISEnioi Sla¢utowy Auditor) For and on behalf of SJC. Chartered Aw)untants. Statuty AL¥Jitor Chwt8red knountanis St John's Chambers Love Street hester CH1 lay England 22 October 2025 MRS D M FRANCE-HAYHURST FOUNDATION SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 MARCH 2025 All Ir￿orne funds 2025 2L124 Gross incom8 428.844 411.723 Total expetNliture frorn incotne lu￿5 479.314 Net expendture for the year 150.4701 120.1201 MRS D M FRANCE-HAYHURST FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 MARCH 2025 Vnrostrict8d EThJowment funds fund$ 2025 2025 Totsl UnrestrKtsd Endowment lund$ funds 2024 2024 Total 2025 2024 Noies Incom• and endowments Irom: Invesknents Other incorne 428.844 428.844 398.836 12.887 398.836 12,887 Total Income 428844 428.844 411.723 411.723 Expondituro 1)n: Raising ￿ndS Charrtable &b"vth"es 283 628 195.686 283,628 195.686 257,661 174.182 257,f61 174.182 Totsl ¢xp¢ndlturg 479 314 479.314 431.843 431.843 Net gainsllbssesl on investmenls 13 128.1511 {28.1511 895,014 895,014 Net in¢oThdlexpenditurel rnovement funds 150470) 128.1511 {78.6211 120.1201 895,014 874. R•¢on¢lllalon ol lunds: Fund balances at 31 March 2024 253.561 22.446,330 Z2,699,891 273,681 21.551,316 21,824,￿7 Fund balan¢e$ at 30 March 202S 203.091 22.418.179 Z2.621.270 253.561 Z2.446.330 22.699,891 The statgmnt of fin8ncial 8Ctbvities w￿deS all gains aThl losses recryJnis8d inlhe ye8r. All income expendture derive fmrn continuing activib'8S. The notes on paues 12 10 22 fomi pwt ￿ these finaroal Sts1￿ents. 10- MRS D M FRANCE-HAYHURST FOUNDATION BALANCE SHEET AS A T 30 MARCH 2025 2025 2024 Nots$ FrAed assels Inveslrnent WOP8rty Inveslments 16 15 20.455.318 853.025 20.455.318 891.839 21,308.343 21.347,157 Currèiit assots Debtors Cash at barl( and fft hand 17 303,925 1.103.031 357.544 1.076,194 1.4￿,956 1.433.738 CreditOW5'. afflounts talling ￿e wrllM"n one year 18 [94,0291 181,0041 Net currentassets ,312.927 1.352,n4 Total a¥sets l¢ss curr8nt liattilrties Z2.621,2TO 22.099.691 The fund5 of the charity Endowrn8ntfund5 Unre51rithcl fund5 19 22.418.179 203.091 22.446,￿0 253.￿1 22,621,270 22.699,891 The notes on pages 12 10 22 fomi pat of these finarKaal stalements. The financial staterrEnts were approved by the trustees on 22 0(Xober2025 Mr CG Henrelly Truste8 Company registratIC￿ nurrt)er 09347790 {EngLgTh1 arKI Waknl MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2025 Accountiry policies Charity irrfowrnatiL Mrs D M Franc8-H8yhurst Fwndalion 15 3 private c(Kn￿Y limiled by gUar￿tee ￿corpOrated in England 3nd Wabs. The register8d orric8 is CIO Chartes Russdl Speechlys LLP. CLYnpass House. Lypiatt Road. Cheltenham. Gloucestershire, GL50 2QJ. Basls of proparation The financial statements have been prepared in accAxdance Mth Ihe govemirG document, the Companies Act 2006, FRS 102"The Finaniial Reporting SI8￿1￿¢ appl￿ble In ts UK wd Republic of Ireland" I'FRS 102.1 and the Charities SORP'Accountsng and RetKrtng by Chanbes. Ststement of R8commend8¢ PraCt￿e applic2ble t(> charitses prepaing their accounts in accordance with Ihe FuianrAal Reporbng Standard appiirable in 1he UK and Republic of Ireland IFRS 1021. leffeth've 1 January 20191. The tharity is a Public Benefit Entity as deffined by FRS 102. Thè charity has tsken adVants￿ ofthe pr￿$￿S in SORP for charites not to tryare a Sèterrent ofcash Flows. Tlie fiiijii(ii41 s¢aieTnenis prepare(l in slerliry. 15 i1￿ fl￿￿>181 ojiiency ol Vie cliaiily. Moiielary aiTKJun15 iri these financial statèments ¥e rots￿ed to the nearest l. The finanoal statements ha4e been w*p￿ed under Ihe INSt(￿£￿ CO￿ conventv)n. rThJJified 10 Ir￿￿Je the ￿valUat￿n of treet￿ld properties a[￿ lo inthde inves1rnent properbes arvj certain fi￿anCia it￿trUt￿entS at frar value. The prinupal account￿9 policti adopted are set oul bek)w. 1.2 Going concem At the tme of approvtng thefinanck)I Stsiements. truslees have a reasonab￿ eyctation Ihar ihe charity has adEquat8 r8sour¢es to contiiue In operational 8XiStsncè fof thè foreseeablè fUtt￿¢. Thus Ihe trustèos continuè lo adcpt the wing Cor￿ ba￿S of ￿cl￿1n￿nY in preparing lher￿a￿1aI staternents. 1.3 Charitable funds Unrestricied funds are zvailable use at the disuetwm of Ihe truslees in fvrlher3￿e of Ihey dw[rtab￿ obJ'ettNes. Endowmenl funds are subm￿t io speuft a￿dir￿S by Ihal Ihe c¥Jilal must be maintained by the tharity. 1.4 Incorne Income is recognLsed when the charty is leg81ty ￿￿"tIed lo il after any p8rfcwmance ￿ThI￿lonS have teen m8t. lh8 amounts (an be Measu￿ ￿1iabty. and rt is ￿￿ja￿le Ihal inc¥me WAI be wkwe(l. Rentsl ncome from inveslrrent wLyety leased oui urnler opetating lease5 is wA)gnised ￿ the staternentof financial activites on a strdight-line ovw the term of the lease. Diwdend inclvne frorn ltsted investtnent5 18 recognised wh8n the chartty's right to rec8iv8 payrnent IS e51aL>lish8d. it Is proknab18 the incorne wll b8 r8ceived and the arnount can be measured rdiably. 1.5 Expenditure Expend'lure Is recognised (￿ce there ￿ a legal orcon5trLKltve otyigation to Iransfereconotnic benerrt lo a third party, Il is probable that a transler of e(1)rK)rn￿ beneffits WA be ￿l￿red w) 5etueft￿nt. ènd the ar￿tr￿1 of the obligab.on can be 88sured r81i8bly. Expend'ture Incwr8d on Ihe m￿age[￿ent of th8 tharity'5 ￿eSt[ne￿I PrO￿rty ar￿ pJrtlL4io ol listed in¥8Stments 15 recOgr￿sert a5 a mst of r¥4sng hmds. 1?- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2025 A¢¢ounting poli¢i•s (Continued) Exptn(*ture IlleLVTed on Ihe diertys ¥rAe ￿trIrtY of grant rnaking 15 rec￿nise£l a¥ r03t of ¢h8ntable a¢tsMlie3 8long wrth all support o)sts. 1.6 Investment property Investment property. which Is property W to earn rentaLs tor C￿tal apwecAtion. is initially recognised at cost. which Includes th• purchas8 cost and any directly attributable 8xp•ndi-ur•. Subsequentty it is measured al fair value at the reporting end dale. TIE suryAus or dEfKit on tEvaluabon ts tecogniwj in proffit of loss. 1.7 Flxèd assèt Inv•slmonts Fixed ￿8$￿1 inv*strnpnt8 are inith'al￿ mp.awred at Ir￿￿. 8xrJuding trar&8r.tiM c<>st8. an(J arg. SLlisMupnMy mÈ8sured al fair value at e¥h reportin9 date_ Changes in fairvalue are re¢￿gniSed in net in￿me1(exPenditUrèI for Ihe year. Transactv)n costs we expensed as Incur￿￿. 1.8 Cash and Cash èquivalents C8sh cash ￿U1ValentS include cash in harnl. depogts h* al call w*h banks, olhgr short-term IYUKI Investm￿1$ wrth orignal matt¥￿"e$ of m(x)ths ￿ ￿$. overdrafjs. Bank overdrafts are shown ￿lIhIl ￿rrO￿ngS in Current liabilib-es. 1.9 Financial instruments The charity has ele¢led to apply ￿ provish)ns of secti￿ 11 'Bag"c Fnancial Instr￿ents, and Sectim 12'￿er Finanrial Instrurnents 15sues' ol FRS 102 to all of ts finanoal in5ttUTnEnl5. Flnancial instrurn•nts ar• reco￿ls¢d in tt)e charity's baancg shegt vthgn the charity becomes party to U)eo)ntractua prov1510n5 of Ihe ￿strU￿￿￿l Financial assets and 11sbi1t￿ are oftset. wilh the net wesentsd in Ihe ffinancial stat8Thnts. when there is a 18gallv enforC&ab￿ right to S81 off lh8 recogni5ed ar￿unts there is ￿ Intsntl￿ to 5etUe a n8t basi5 CX to r8alis8 the asset and Sett￿ 1he liablty 5irnuttaneou￿y. B•si¢ financialassets Ba￿e. finanrial ￿$￿et￿. thich incjudp. debtnrs and hank balan¢*.s. initi2lly n￿.￿8￿r￿.￿ at tran8ar.IK)n pricp. indudiry transacti￿ costs and are subsequÈnMy carried al amtitised cthi using IhÈ eftectivè inte￿1 method unless the arrangement (y)nslitules a financing trans)dKx). wl*re transaction is rrEasU￿￿ at the present value ol the fulure receipts di5counled al a rnarkel rale ol interest. Final￿￿￿1 a5sels das5ffied as receNable within one year are ml amorbsed. Basic finan¢ialliabilities Ba￿erinanCial Iiat)Ilities. indudiro credrtors and bank k)ans are iThth"aly r￿nISed at transaCth￿ pri¢￿ unl8s8 Ihe arrangement constitutes a fnancing transaction, ￿here Ihe debt inthmenl ts measured at the present value of the fulure payments discounted at a markel rale of intwesL Fina￿1* IK8tAlities ¢lassfied as payable within yew are not arnorbsed. Debt instruments are subsequty)lty carrtd al aNKJ1ise(J ￿l$L ugng the effeclNe Inte￿$1 rate method. Trade creditors are obli9ati¢ns ro pay forgoods orsem￿S Ihat have been acqui￿ in the Ordin￿ £x)urse of oper&ions fr￿n 5uppliets. knounts payable ate dassrfied as Curr￿[1 liabihlies il paytnent is due wrthin year or less. Ir noi, ihey are pTeseiiied as non-￿[rent ￿abIll11eS. Tiade ¢redilOiS are reGogi)isefJ initially al tr￿$￿tIon price aiid subsequenlly rnea5ured at am(Ybsed cost using tre elleclwe ￿teres[ IT￿th(mI. Dve¢ognftlon olflnan¢lalllabllltles Financial liabiltb.es a￿ dere¢ogrNsed ¥¥hen trt charitys Contra￿ual oblKJat#)ns exp*e Ora￿ discharged or can￿lled. 13- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2025 Critical xcounting estimates and judgernents In the 8pplicab.on of Ihe ¢h8rity'$ gccounting poIKxes, Ihe trustee3 ere required to make Ndgetrents, estsrn&tes arxl assumptions thul Ihe c2rrying amunl of assets and liatiAi¢*s thal are Th)t ￿?￿llY app0￿nI from Olher S￿r￿S_ The estimates arKJ arsociated assumptK)ns ¥e based on historicA eXperIe￿e and other factors that are consklered to be relevant. Actual resums maydrffer fvom these esb'males. Thp p8timalp4 and ijnrtprtwng A*£iJmptionq 8rp. rp.ViPWP_rf on en nnoryno Rp¥iplp In nFpd nr that hjrthpr èthijtratitsn￿ pr(4p.tA8 thmi4W intp.ra(*m animaLs. Thp etharity dap.s nnl mak giant5 to indiwduals. Grants payable Vnrestricted Unre$lri¢ted funds funds 2025 2024 Grant5 to Instilutk?ns'. Other 121,3(K) 117,(X)o 15- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2025 Grants payable (Continued) SuppDrt Costs zllocated to activilie5 2025 2024 74,386 57.182 Anaty5ed betseen: Unr8Stricted fvnds 74.386 57.182 2025 20Z4 Govemance cost5 compri5e'. Audil lees Accountancy Legal and prOfe￿onal Trustee expenses 3.600 4.120 64.725 1,941 4.396 45,889 3,417 74.386 57.182 10 Net movement kn funds 2025 2W24 The net movernent in fund5 is slated alter thatgingllcrerfitirvjl- Fees payable for Ihe audit rf Ihe charitys fmancaal statements Lossllproffitl on diskw)sal of invèstrn8nt prcwty 3.800 1861.6651 11 Trustses None of Ihe trust*s (C￿ any persons connected Mrilh thernl rec£ived any remur*MK)n or benefits from IhÈ charity during the year. Travel a¢¢ommodab"on expenses of £1.941 12024- £3.4171 wwe rel￿1)Ursed to four12024.' five) trusle&s for atteThJance al Board meeb.ffjs during the yeaf. 12 Employees The a¢er8g8 rnonlhly nurnb8r of8ryJloyees during Ihe year was.. 2025 Number Numb8r Total Th￿ We￿ no employees whose annual ￿r￿Une￿I￿)n w35 tnc¥e than £fJO,LNX). 16- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2025 12 Employ•¢s (Continued) 13 Gains and losses on investments End￿￿￿￿nt funds X125 Endowment lunds 2024 Gainslllossesl ar6iNJ o)-. Revabation of ifftstrnents Sale of inVest[n￿ts Sale of investM￿t pror*rties 30,1961 2.045 33.533 1184 861,fA5 128,1511 895,014 14 Taxation The tharity is exempt from tsmati￿ on its acb"vrties b￿aUSe all its noyne is ap￿￿d for charita￿e purposes. 15 Fixed asset Inv•slments Listed investrnents Cost or valuatlon At 31 March 2024 Addlions Valuation changes DisptssJs 91.839 169.676 130,1961 1178.2941 AI 30 March 2025 853.025 Carrying amount At 30 March 2025 853.025 AI 20 March 2024 891.839 The h"StOr￿ ￿st of listed nvestments i8 £732.48512024.. £701,712). 16 Investment woperty 2QS Far valup Al 31 March 2024 a￿1 30 lthrch 2025 20.455,318 17- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2025 16 Invostmnt Kwoptrty (Continued) Inve$lrnenl property ((xnprk%es the Lqnd buldings of the B03torJ( E513te. The f8r v8lue of Ihe in¥estrnent property has bèen arrived ai on Ihe basis of a valuation Carried out in Janu¥y 2022 by FI$￿ German LLP. a firm of Chartewd surveyors and propety agents_ valuation was made on an open market vakne basis by referenc￿ to market ev*Yen￿ ￿ transaction wces for similar wopertw. In mnjiinrtion wilh advirp. frnm Fi£hp.r C7pmian LLP Ihp Tntsiop.s rMq¥lpr thp fairvali*. nf th? in?Etmp.nt prDpprtip.s as al 30 March 2024 has rw)t materiauy chaNJed sincé the last valuaiw)n. The h"stOr￿ cost of investnwi pr(*Jeny is £5.91fj,36612024". £5.916,36EI. 2025 z(r24 F￿er￿)Id 20.455.318 20.455.318 17 Debtors 2025 2024 Amounts f￿11￿9 due ￿thIn one year. Trad8 d8btors Other deblts Prepayments and accrued irK0￿e 20.289 61.802 221.834 39,( go.￿10 227,578 303.925 357.544 18 Creditor5'. arnounts falling the With￿ one year 2025 2024 Tiade credilors Other c￿lI0r$ Accru31s atKI detErred incornE 55.940 4.650 33.439 37.264 39.(yao 94.029 81.( 19 Endowm8nt lunds Endowment represent expeThlab* held by IhÈ tharity. Income on thÈ eThfju*mÈnt ran be use(J in accordance with Ihe objects ofthe charity aThY 1$ ￿thded as Un￿tricted inc(me. Any c4)itsl gains or losses arising on the 2ssetsfomi part of the fund_ At 31 PAaich 2024 Gains arml loss#$ At 30 March 2025 Expendable endowments 22.446,330 128.1511 22.418.179 18- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2025 19 Endowmènt furnls (Continued) Previ￿$ year. At 31 Mar¢h 2023 Gains and At 30 March losses 2024 Expendable endowments 21.551.316 895.014 22.446.￿0 Unr8strlct•d fvnds The ￿reStricted fvnds of the charity ccAnwise the unexpended balances ol (knnations grants which are not subject to specific cond￿On$ by donors and ￿anIOrS as to t￿Y may trt Used. These i￿jUde designated funds which have be8n Set aside out ol unr8s1ricted funds by th8 trust88s Vcir￿ purposes. At 31 March 2024 Incomin9 sources Resovrces txpend•d At 30 March 202S General f￿d5 253.561 428,844 479,3141 203.t131 PrevSou$ y¢or. At 31 Mar¢h 2023 I￿omIng resources Resourc¢$ expended At 30 Mar¢h 2024 Ge￿ra1 fLmds 273.681 411.723 1431.8431 253.561 21 Anatysis of assots bOknvt•n lunds Unrestri¢ted End0wm￿t luDds funds 2025 2025 Total 2025 At 30 March 202S: Inveslrnenl properties Investments Current assetsl1liabil￿e$j 20,455.318 853.025 1.109.836 20.455.318 B53,025 1.312.¥27 203.(B1 203,091 22,418,179 22,621,270 19- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2025 21 Anatysis of n¢t a$sots bBtwetn lunds (Continued) Unrestri¢t¢d Endowment funds funds 2024 2024 Total 2024 At 30 March 2024: Invesiniei)t prove￿e5 Investments Current assetsllliabilth.esl 20,455.318 891.839 1.099.173 20,455,318 891,&39 1.352,734 253.561 253.561 22.446.330 22.699.891 Relatsd party transactions Thwe wwe no disclosable related pariy tranSactk￿S dumg the year other than re*mbursed expertse5 trj trustees as set out wi note 1112024- none). MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2025 Analysis of imiestrnent properties 2024 1 Old Hall Coiage 1 Old Hall F￿rn Colage G Bo*o¢k Roay 8 Bostock Ro*J 14 B05lock Roae 16 Bogtock Roa 320.(K>O 300.(K>O 270.ry)o 290.LNJ) 250.1K>O 210.(U) 360.LKIO 320,DXJ 230,LIJO 270,(I)O 290.(Th) 290.tKIo 75.(M)O 630,LIY) 100,LKK) 330,tMIo 300.(M)O 1.550,(KIO 1.980.LK)O 940.(KX) 680,rM)D 2.265.(MlO 1.230,(rfKJ 630.(K>O 980. 630,rxx) 1.255.(MlO SOO.L 150.(00 90.(K>O 430,(KIO 605.318 780,(KK) 320.(K>O 280.(Tr) 225,L¥)O North Lodge Souih Lodg 16 Firthfields Gr￿ge Lane Canal Cottage Bri(Sae Cott8ge Heyesuoft Cona Joiners Shop Bto(4t House Fatrnly)use and BuddiNJs Bridge Fartn BU1￿1ng5 Manor Farm Buildings Hall Fam) Buildings Addashaw Farrn Bark Farm Bos1￿k Farm Bostock House Fami Bost(tk Hall Fami Brn ILY Retir8d SErvice Anitnak5 Wild Futures Angels forAnimals FourKYaton Saving Strays Arym4 Rescue Fo￿ver H￿nrtS frus¢ Dogs lor Aut15tn RSPCA nid Nork)l¢ and north Suffdk bra￿h Brent Lodge Bird and Wildlife Trust RSPCA Soleni bra)ch Velerans Ocos Wild Touch Wildlrfe Rescue Helping Rhin05 Woodands Animal Sanctuary Brflsh Th)roughbred Reiraining Cantre The Farm Arlma Sanctuary Network for Anitnals Charitslle Trust World Horse WeWare Feme Animal Swduwy Paxos Animal Well*e Society Mare and Foal SanctLJary World Animal PrOt￿tion RSPCA HiNingdon Fami Afri Dojs Trust 121.N>O -2?- This document was delivered using electronic communicalions and authenticated in accordance with the registrar's rules relating to electronic forni, authentication and manner of delivery under section 1072 of the Companies Act 2006.