Chty registratii)n num.. 1172097 Berry Pomeroy CIO Annual Report and Finana81 Staternts for the YearEndd 31 Danb 2025
Berry Pomeroy CIO Contents (continued) Referellce and Admitiistrative Details Trustees, Rep( 2to5 Statetnent of Trustees, Rwsibilities 6t07 Independent Ex&mine¢s Report Statement of Financial Activities 9tolO Balance Sheet Cash Flow Statetnent 12 Notes to the Financial Statements 13to26
Berry Pomeroy CIO Reference and Administrative Details ChairnknqD R M Flude TTUStees R M Flude S Mocktord L S Ri¢hards( M Wrigbt 26 - 28 Compton Street EastlJ)urne BN214EN Principal Office Investment MaDager8 chl¢S Stanley and Co Lt 6 . 10 m(llt Ephraim RoaiL Tunbridg¢ Wells. KellL MEI 9 4JQ 1172097 Charity Registration Number Bankers NatWesÉ 96 Teminus Road . EastlK)urne BN213LX Tndependent ExamiDer 391Jigh Streel Battle East Swsex TN33 OEE Page I
Berry Pomeroy CIO Trnstees, Report The truste£s presfflt the annual r4rt togethtt with the financial statements of the charity for the year enda 31 Decemirr 2025. Objectives and Activities Obje(5 Imdaims The charity's obj'ects are to llLaintain a home f( eld(Tly twile. It is rnn with a view to avi)iding 8ny dLficit of in(x)me ov¢r CxpellditlC and i() use any surplus I](L9 to IKnettt the h(xne. The tK)licies adopted in fiberall( of thcse obit$ are the continued rE]nning of P(Nneroy as a home for elderly px)ple and ther¢ has IKen no Lhange in thL during the year. The TTht havc paid attenti(n to guidan issllol by the Charity Conmii&sion in thiding what activities the Charity should undertak To continueto owate a well e5t8blished hom¢ with all excellfflt rq)utsti(XL High quality health and Cial care to benefici8ries- providing ex11¢llt care to residents.. Ample stalTmg levds have maintain8J to attelld to wwnal care needs, Thith regular training to increase awarenw and ensure that the highest quality of care is kAng delivered, Long standing thqre aff ensure that e4llOtional and s(Kial support nS are met &8 well a5 providing stimulating alld engaging activities and events. The appointment of a Deputy maThag Iw strell8theLaJ ihemanagemfflt fimction. The H(Kne has maintainal ils CQC rating of gixd and continll to work on improvement activitie& ResAdental fees Berry Pomeroy h&8 Continu to sUpprt residents funded by the I1 authority. Nevatheless Trustees neLal to Iwk closLly at the fuiwe SInesS m(xJel and the i&we of sustainability. Overall occupancy has Iren stable although lower than 4thticipatal. Renovati(MJS and improvements to ihe tacilities gd dor ol" Imjrooms have carrAal througb the Ye to mlerniSe the home wlllle maintaining charaL"ter and homtb.lle The home has trnefitt from sEveral improvanellts. Namely th¢ iustallatiffl of filTe broadband hardwired to eVY ar of the building. A care planning ftware h&s iTnplemffll ad telq)hony systems have IKen upgradaL Iwilic benef 'lThe trleeS (x)nfm ihat they have (x)mplied with the requirements of section 4 ( the Chariti(s Act 2011 to have due re8 to Lbe publi¢ trllcfit guidan publish¢d by th¢ Chlty Lonllnission for England and Wales. The homc (xntinues to provide a level of care well above the cimercial stand8rd ol" quality and sÉatt' numbers SIlfICant1Y excIS that found in non<haritable hi)mes. A nutnber of local authority fimded residents Etnefit eva] more significantly. Truslees ensure that self-funding residcnts still re1ve charitable benefits and do nol SUbdIse otherresidal Page 2
Berry Pomeroy CIO Trnstees, Report (continued) Financial revlew Policy on reserves Sh(Kt toin reserves are held which are in the region of 3 months operating ¢ts. Firtancial policies The Charity h&8 adopted thrff Inn fjnancial y)hcies which cover RV£s. Investtnellt, and Financial Governance. '1'h& are reviewed annually. 'fhe rL¥aV¢S and invGsiment policies ensute thc availability of adequate fidS to pr(rtwt the charity trom short tenn llucluatsons. The charity's principal fJnanci81 assets are th¢ propertie4 bank balanix4 Gash. and investments. The charity has an investment manager to ensure the charity is b¢st ptIoned to function well into the longer-tenll High (Kcupancy levels duting 2025 have hel1 to re our financial SItiOn. Reserves alld Investments Longer term reserves are in the care of an InvtMellt Managff appoint by the Trustees in 2018. The objective ing to sEcure the long temi fithll-e of the home f the Eenefit of resident& The investment policy diTlS a low to methum risk level and a balanced portfolio. An &hical investment approach should k adopt as far as is possible. Recently themarket values have improved sligjtly after theprevious falls due to inllationary pressure Short tern rerv are held thich are in ther¢gion of 3 months operating costs. Prineipalfwidingsources The charity's principal finallc1 assets are the propertie4 bank Wan(w Gash and investments. Inve3tmentpoli¢y and (pbjecliv The investment policy dirtS a low to MIllm risk level and a balanc tfOlIO. An ethical investmenl approa should be adoptd as far &s is PQX55ible. Page 3
Berry Pomeroy CIO Trnstees, Report (continued) Structure? governance and gernent Ndtwe ofgovernuwdocHment The EasttKJume Church Womell's Council Berry Pomeroy, Hne for the Elderly operates undex a Trnst De£d dated 20 June 1951. On 9th March 2017 the Trustees of Berry Pomeroy rnade the dlsiOn to apply to (K}me a Charitable Incorporat Organisati(x] (CIO) and adopted a foundation governing docutnent following closely the chlty Conjnllssion model. It Is register&l wyth the Charity Comrni&sion under charity 1172097. On 24th Marth 2017 the Trustees of E>b)urne Free Church Women's Council p&ssed a special resolution to tffing an end the legal o)miections with Belry Pomeroy (8n aSCLat¢d tharity registerl with the Charity Cornmissioners the ref¢Tell( 251855) and tILttef(Ye the Trnsl Deed of B¢ny Pomeroy Home for Elderly People. On 30th June 2017 'Berry Pomeroy, register8J with tbe Charity Commissioners lllld the reference 251855 (Yased operations. All aclivities 8nd assets were trallsfel to 'P¢ny Pomeroy H(dne for the Elderlf (a new cbaritable in(xJrpiratal organisation) registered with Charity Collllni&si0nS under the rderence 1172097. D&spite the modernis&l structur¢ of the Charity, the ethics and aSpIratiS of the EasttM)urne Free Chwch Wlxllen's clle11 (EFCWC) have been carTi&l through. One of theoriwl Trnths ren]ain Ving. A significa]t donation from the EFCWC h&8 enablal the Charity to adopt a secure fancIal footing and to make significallt improvements to tbe home each year. Recruitinand appointiwnt (pftrnstees Tbe initial TrLkn were the trustee5 of the earlier charity. The TnLSttts are all indilryduals and m¢d on a quarterly basis durin8 the year to discuss the prrforniancL of the Charity and make decisions as appropriate. This year Trnsteas have tnet regularly and Trisit the home regularly. Induction and training oltrustees New memiErs are given induction material including the governing d<Kument, accounts previous meeting minut&% as well as Charity commissi guidance. Page 4
Berry Pomeroy CIO Trnstee3' Report (continued) M¢yof 17sks and pnanagemert ofthose risks General risk The Trustees have consid the major risks to the charity is cxposed and have review tho risks and establish systems and proLthutes to manage them. The Trusicc8 review the risk management priLess each year 8lld maintain a risk regista which is regularly r¢viewed. ThroUgh¢t 2025 the been almost exclusively relata to fllCe and SC¢UTing new restdent& Inancial risk The charity's aCtitieS expl) it primarity to the fin8ncial risks of needing to maintain d high level of o(ryancy and it is also particularlyvulnerable to in(fLa in the nati(ylldl livin8 wage. The reserv policy protects the charity against these risks and this cimtinu£s to have IKen tccd througb 2025. Neverthele&s a five year future has rL(l financidlty sccure. Inancial iDStrument$ ubjec11v undwlicies The ¢harLty's activities expose it to a nll of financial risks inclu(thng credit risL cash flow risk and liquidity risk. The use of financi81 derivativ23 is govern by the charity's policies approved by the IM)ard of trustees. which provide Writt principles OTh the of financi8] deriwdtives to manage these risk& The charity dS not use derivative fmancial instruments tor SpLatIve putp(w. CoYhJiow risk The charitys activili¢s we it ptimarily to the financial risks of nClg to maintain a level of occupancy and il 1% particularly vulnerable to increases in thL national living wage. ThL' fL8LTVth' dnd InvtMents polAcios protect the charity againsl these risks and cnsure the availabilily of adequate fimds to protect the dnty from short terni fluctuation& Creth iisk The charity's principal financial a&¥ct8 are b}k and cash. trade and other re(tivables, and investmcnts. During the year thc Lharity has engaged an iDVLStment managff to invest reserves on a low to mcdill risk b8SiS. This is to ensureth¢ ¢harity is Eest w)qtioll to function well intothe longer term future. Liquid#y rAfk In order to maintsin liquidity to ensure that sufficient thds are available for (mgoing wations and future developments, the charity ¢$ a mixture of lOng-tM and short-tam financial strat¢gie& Page 5
Berry Pomeroy CIO Statement of Trnsteds, Responsibllities The trustees 8Te rwsible for preparing the truhxeeg rewt and the finallcial statements in a(tordance with the United Kingd<)m Accounting Standards (United lldl Galerally ACcq)l Accounting Practice) and appEicabEe law &nd reglllation The law applicable to chaTitios rcquir&s the trustec¥ to prepare financial statements for each financial year Mth"ch givL d tfUL and fair eW of tbe state of affairs of the charity alld of the incoming rewurces and application of resou[S ot th¢ Ch#ilY tor that period. In prepanng thcge financial Statemell the trustee5 are requir to. Selt suitable a<tIng pohcies and th appty than LM)nsistently. obsave the mdhods and Principles in the chariti SORP" ake judgemenls 2nd estimat(x that arere&80nable and prudent" stale whcthfT (wplicable accounting Stand$ have iwi followal sUbJt to any nLateLi81 depart dI105¢d and explainel in the financ1 statLanents' and prepare the financial statements on the going c1)nC basis unless it is illappropriate to presume that the charity WAII cc(Ltinue in business. The trste¢S are responsible for keq)ing proper accounting records that diyLlo* with reanable accuracy at any time Ihe financial position of the charity and enable them to fflsure that the fin8claI statements comply with the Chariti£s Act 2011. the Charities (Aw)unts and Rep)rts) RegulatiCS 2008, and the proTrisions of the constituti(n. The trnstees are also responsible for safeguar(ting the assets of the tharity and hfflce for taking re&8onable stq)s for the prevention 8nd dettIon of fraud and (rther irregul8ritie& The truste£s are responsible for the mainlenan(¥ and inteIty of the corporate and financial infomiation included ( the chIlable company's welxsit¢. Legislati governing the preparation and dIemination of financial statements may th'ffLT from legislatioll in other jwisdiction& Approved ty the trustees of tbe GhaTity on 5 Marth 2026 and signed on its behalf by.. R M FludL ChailltWL and trnsiee 'I.rLe¢ Page 6
Berry Pomeroy CIO Ststement of Tnistees, Responsibilities (continued) M Wright Trustee Pag¢ 7
Berry Pomeroy CIO Independent Examiner's Report to the trustees of Berry Pomeroy CIO I report to the trusÈtts on my examination of the a¢wunts of Berry Pomeroy CIO for the yegr 31 DeMber 2025. Re8POll8ibilitie$ and ba81$ of rert As the charity trust8 of Berry Pomeroy CIO you are rcspon8ible for thc preparati( of the acwunts in ac¢ordan¢e with the requiremthts of the Chanties Act 2011 ('the Act.). I rqxirt in resp of Efly examination of the Beny Pomemy CIO'S accounts carried out undLY tIOn 145 of the 2011 Aci and in carryng out tny cXInatiOll I have followed all the applicable DITtiOnS given by the CharÉty ComMoll undff section 145(5)(b) ot the Act. Independent e%amiDer's ytatenwnt Since Berry Pomeroy CIO'S gross income exce&Jed £250.iXK) your &xaminer must a n]emTrr of a Ix)dy listlxl in section 145 of the 2011 Act. I confirn] that I am qUaIIfi to undertake the examinati(o Ettause I am a memlxr of Manningt(Ms charter Accountant4 which is one of the listed EKxlies. I have completsl my eXainatiOn. I confinn that no matuial mattetB have cotne to my attention in LY)Dne¢tion with the examinati(n giving n]e cause to Ixlieve that in 8iiy nter181 rthpt: . a(Unting recor(Ls were not kq)t in respect of B¢ny Porn% CIO as ra}r&I by section 130 of theAct' 2. the accounts do not ac£ord with those reo)rd4 or 3. the a(t$ do not LJ)mply with the a(ounting requIremts Lxmcerning the forn] and content of accounts t out in the chiti (Accounts and R4Trorts) Regulations 28 other th8n any rUiremt that the ac£ounts ve a 'true and tair view which is not a mallLf Ll)nsideTed as Pdrt ot" an independlmt exatnmati(n. I have no conctTns and have come across no othu fflattLTS ]n LonnLLtion wilh thc examinati(rA to which attention should I drawll in thisrqx)rt in (rder to thablc kl propcr Las(andIng of the ac£ounts to ir ieache(L Mrs R Walth FCCA Manningtons Chartffal ALrountants 39 High Stred Battle East Sussex TN33 OEE 5 M8rch 2026 Pa8e 8
Berry Pomeroy Cto Statement of Financial Activities for the Year Ended 31 December 2025 Total 2025 unrtrActed Restricted Note Income and Endowments from: DationS and legacies Charitable activities InVestent income 155 980.936 155 980.936 14.593 Total Income 995.684 995.684 Eipendlture on: Charitable nctivities 1074,823 (1.074.823 Total ExFtnditure Gain/(lo&s) on investments Nd expenditure Gross transfa3 Ixtween fimds (1,074,823) 47.789 (1.074.823) 47,789 (31,-350) 2(<).3&) (3 E.350) (266.380 Nd movanent in funds 235.030 (266.380) (31.350) ReeoDciliatioD of funds Total fimds bmught forward Total fimds carrial forward 266.380 951275 16 919,925 919,925 The notes on pages 13 to 26 forn] an inte1 partof these financial ststeAnent& Page 9
Berry Pomeroy CIO Statement of Financial Activities for the Year Ended 31 December 2025 (continued) Tolal 2024 Unrestricted Restricted Note Illme and Endowments froJJL' tkmrilions and legaLILs Charitable acliviti&s InNBstment illcotne 280 1.067.985 14.494 1,067.985 14,494 Totsl Income 1.082.759 1.082.759 E¥enditure on: Raising funds Charitable activiti& (4.308) (914,196) (918,504) 29.241 (4,308) 938.469) (24.273) Total Expenditure Gainsn0&8es on investment a&8ets (24.273) (942.777) 29.241 Nd ino)Mel(cxlditllre) Gr(x8s transters tEtween fimds 193.4 9.607 (24.273) (9.607) 169.223 Net rnoveRneut in funds 203.103 (33.880) 169,223 Reconciliation of funds Tolal fidS tr8nsfcrred from chan.ty T(rtal fimds Carri forw8rd 481.792 300.2( 782.052 16 684.895 266.380 951.275 All rf the charity's activities dttlve fr(xn continuing opffati(ms during the aly)ve Iwo p¢tiixl& Thefunds kneakdown for 2024 and 2025 are Sho in note 16. The noles on pages 13 to 26 forni an inte1 part of thesr fmancial statement& Page 10
Berry Pomeroy CIO (Registration number: 1172097) Balance Sheet as at 31 December 2025 2025 2024 Note Fixed assets Tangible a&sets Investnents 380.304 511.219 324.217 455,030 12 891.523 779.257 Current assets Debtors Cash at bank and in hat 13 14 5.058 64,439 14.264 180.124 194,388 69,497 cdItors. Amounts falllng due withln one year 15 41,095 22,370 riet current assets 28.402 172,018 Iyet a88ets 919,925 951.275 Funds of the charity. Re$trfcted income fund8 Restricted fid8 266,3tK) Unrestricted income funds Unrestricted funds 919,925 684.895 951,275 Total funds 16 919.925 The financAal statements on pages 9 to 26 were approved by the tStee& and authoris&l for i&sue on 5 Mard] 2026 and signed on their Ixha]f by.. R M Flude Chllin and trustee Thenotes on pages 13 to 26 forni an intewl part of the* fmancial statemen1& Pagell
Berry Pomeroy CIO Cash Mow Statement for the Year Ended 31 December 2025 202S 2024 ote Cash flows fn)m operathig activitie8 Net cash (eXpenditLtreyin¢lle (31.350) 169,223 Adjuslments to ca8h flow8 from nOnaSh item8 31.342 (14,593) (35.040) (49.641) 24.273 (14,494) (19.702) Investment income Revaluation of investments 159.3(M) Working eapital adju8tment8 Drease in debtors In4xeasel(decrease) in crthtors 13 15 9.206 18,725 28,671 32,484) Net ¢ash flows from operatg activities Ca8h IIow8 from inY¢stlng aetivitie8 Purcha* of tangible tiXLuI aSts Purcha of investments Sale of inv&%1ents and cash awaiting investment ID(xTrmefrom diNidends (21,710) 155.487 li 12 (87.419) (64.719) 43.570 14.593 (38.069) (20.099) 5.909 14.494 Net cash llows Irom investin8 activities Net (tsreaseyincrease in cash and cash equivalents Cash and cash quivalents at l January Casb and equivalents at 31 Decemt (93,975) (37.765) (115,685) 117.722 180,124 62,402 64.439 180,124 All of the cash flows are d1val from continuing opffations during the aiJ)ve two Eknods. The not4$ on page5 13 to 26 forn] an inic'wal part of th¢5¢ financial statement& Page 12
Berry Pomeroy CIO Notes to the Financial Statements for the Year Ended 31 December 2025 l Accounting poll¢le4 Statement of complfiance Th¢ financial statements have Ixen preparal in aCLordance with the second &'tIOn of the Charitits Statement of RecoDllnended Pra¢tic£ issual in October 2019, the Financial Reporting Standard applicable in the United Kingd(xn and RepllbliL of Ire18nd (FRS 102) and the LhaTitie8 Act 2011. Basi8 of preparation Ilerry Pomeroy CJO rneets the defillIti of a public Ltnefit entity Und FRS 102. The ac£i)unts (financial atements) have IKen pr4)-I uAdff the hisfvical (x>si CA)nVentI with items r¢cA)gnised at cost or transaction value unless otherwAS¢ stat in the relLvant note(s) to these dccoimt& Going concern The trllSte (x)nsAder that there are no material uncfftaint1 about the charity's ability to wntinue as a going concmi. Incoll and eDdown)ents Voluntary inC4)me including dati1 gifts. legacies and grants that provid¢ (x)re fundillg or are of a general nature is recognised when the charity has entitleMl to the income, it is probable tbat the in¢oEne will [1V&1 and the amount call be meaSed with Slthcient reli&bility. Done*ions ond legaeies IX)nations and legacies are recognised on a receivable S18 when receipt is probable and the amount Can k reLiably measure Invesbftent ineo Investment in&xne MprISeS of bank illtttest due. All income is &LYountd for A8 fOre deduLting any relat&1 fees or costs. Expenditure All expenditure is recognisLII oncc the is a legal or Constructive obligatson to that £xpcnditiir4 It is pri)b&blc settlellEent is requiral and the amount can be rneasured reliably. All costs are all(Kaiul to the applicablc cxpenditure heading Lhat &8gregate similar costs- to that cat¢gory. Wherc ciists cannot directly attnblltal to partscular headings tbey have iEen all(ted on a basis ¢J)nsistent with ihe use of resou[ with central staff CA)Sts ailWat on the basis of timc spent. and deprJatiOn charg08 all{ted on the portiim of the asset's us& Othff supp)rt ¢(6ts are allatl based on the spread of staff ¢3)sts. RgIn$ Thes¢ are St8 incurraj iti attrathing voluntary inci)me. the Managernt of investmeuts and those incurred in tradmg activities that rais¢ funds. Page 13
Berry Pomeroy CIO Note4 to the Financial Statements for the Year Ended 31 December 2025 (continued) Charth7ble adivilies Charitable expeoditure comprises those costs incuffa by the cRLarity in the deliVY of its activities gnd services for its IKnef1ciari, It includes both c(KstS tb8t can allocated directly to such activities and those costs of an indirt tLUP nece&sary to support thellL Support costs Support costs include central functions and have bt*n to tlty cost calcgorics oll a basis cK)nsistent wilh Ihc of iesourcgs, fur apIC, allating property costs by flo(r areas or capita. staff costs by the time spent and other costs by their usage. Governance costs ThesL- include the attributable to the charity's compliance Iwith (xmstitutionai 8nd statutory requirement4 including audiL strategic managemfflt and trde¢S meetings and reIMtft expenses. Taxation The charity is considered to pass the tests set in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the d¢finitiÉM of a charitable company for UK coryorati¢m t&x purp)se& Accordingly. the charity is potentially exempt from taxati(o in re8t of inc4)tne Capilal gains re1Vej With categoTie5 wvered by Chapter 3 Part I I of the Corwration Tax AGt 2010 or Section 256 of the Taxati( of Chargeable Gains Act 1992, to the extent that such income or gains are r¢pplieJ] exclusivdy to charitable pllrpo. Tanglble fixed assets Individual fixed assets [)stIng £300.00 or mor¢ are initially reo)rded at cl, less subsequent accumulat dq)reciati¢M and subsequent accumulataj impa1rnJt losse& The gain or loss lSing on the dIswl of an &sset is deternlinal &8 the difference tween the salc pr(Keed and the carrying value of the a&set. and is recogmised in net inc(xne/(expenditure) for the year. DepreeAatiffl and aLUOrtAsadon DqyrLkialii)n is providcd cin tangible fixed assets SO 8S to write off the cost or valuation. le any estimated residual valu< over their expected useful economic lrfe as follows.. Depreciation method and rate 2% straigbt line IOO/u rÉalucing balance 33.33¥0 straIt line Freehold propety Furnith and contents C(Mnputer equiptnent Page 14
Berry Pomeroy CIO Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) Fid Set Anveslments Fixed asset illv¢5tnts, other prO8me relatal investmLmts, are includ¢xl at markd value at th¢ balance sbeet date. Realid gains 8nd los on investments are calGuldtLd as the difference tw<¥n sales pr{¢& and their rnket value at tho %tart of the year, or their subwent cost. and L. Charg or Crlted to the StatLYnent of Flnancial Activities in the 1( of distK)sal. Unrealisal gains losses repr&sellt thL movement in markd values dunng theyear atLd are Lredital or Charg to the Statemeni of Financial ActiNities based on the market vallle ai the year end. Trade debton Trade debt(S are amounts due frotEL GU8tomers for merchandise sold or Servic tKrfonlled in the ordinary (xTrurs¢ of Trade debtixs are initially at the transaction price. A provision for the impainn¢llt is establi8ha when there 18 jILVe eviden(E that Beny Pomeroy will not IK able to all atnounts due according to the orignal terrns of the re£ekvables. Cajh and ¢asb eqlllvalents Cash and cash equivalents comprise cash on band and call dq)osit4 and (rther short-tom highly liquid investments that are rdIlY (xTrnvertible to a known amount of cash and are subj'ect to an insi8nifie4xrt risk of change in value. Trade credltor8 Trade crixlitors are obligation8 to pay for gcths or services that have be£n acquired in the ordinary Cour of business from suppliers. Accounts payable are cla&8tha as cUrTt liabilitith, rf the does not have an unconditional right. at the ald of the reporting to defer SLttIernent of the creditiK for at least twelve months after the rq)orting date. If there is 8n un(x)ndili(Ml rigbt to defer ttIernet for at least twelve months after the reporting date, they are prented as noll-cumt liabilitiÉ TradL ditOrS rebognised initially at the transaLtion price. BorroJving9 Tnterest-knriDg knowings are initially rord at fair valuo nel of transaction c(Bts. Inlerest-Ixaring knowings are subsLqllently catrifA at amortisaj cost. with the d]ffCrth between the pr(KZLalg, net of transacti(n o)st£ and Èh¢ 8mount due OD iedemptioll LEin8 rOgni &% a ch8r8e to the Statement of btnancial Actsvities over the lIX1 of the relevant borrowing Interest expense is recognised on the basis of the eff¢£tive interest methixl and is included in interest payable and Slmilar charg¢ Borrowings are cl&&8ified as currfflt liabilities unless the charity has an un(k)nditional right to defer settlement of the liability for at least twelve months after the rqx)rting date. Page 15
Berry Pomeroy CIO Notes to the Financial Statenients for the Year Ended 31 December 2025 (continued) Fund 8lructure Unrestricted income funds are genLT81 funds that are available f(( use at the tnteeS dIretiOn in fither8ce of the objILVe$ of the charity. Restricted ttorc fijnds ale those donated for use in a partiClll&r area or for sifiC Purposes, the use of wlllch is restrictal to that area or purpose. FiDan¢ial instruments Cl4&sifvution Financi81 set8 and fillallcial liabiliti£S 8re rtrA)gnised Wh the charity IKcomes a party to the (xintractual provis1$ of the mstrument. Financial liabiliti&s alld quity illstruments are cla&8ified a¢oxding to the substance of the contractual arr8ngemaLts entered intix An equity in8tnm]ent is any contra(* that evidences a reskdll interest in the assets of the charity after dducting all of its liabiliti All fmanci81 assets and liabiliti&8 are initially meawed at transaclÈffl pric£ (including transactiffl Costs), ex(¥t for thi)se fmancial a5ts Classifi as at fair value through profit or loss, initially eaSured at fair valu¢ (which is nornially the Iransaction price excluding transaction costs), unle&s the mnganent constitutes a financing transactiffl. If an arranga)]ent constitlrtes a fmancing transa¢tiffl, the [anCial ass£t or fjnancial Liability is measured at the pres¢nt value of tILe thture pa)rynenls discot at a market rate of interest for a sitn11 debt instrumfflt. Financial assets and liabilititx are only offset in the sLatement of financlal p)sition Thell. and only there exisis a legally enforceable right to set off the recOlsed amixlljts and the charity intends either to settle on a net basis. or to realisethe awt and settle tbe liability SimultaneoSEY. Financial assets are derecognised when and onty when a) the contractual rigbts to the cash flows from the financial asset expire or are setded, b) the cllarity transfers to anothff party substantially all of the risks and rewards of ownetship of tlle flllancial a. or c) the chatity. despite having retainal some, but not all, signifiGant risks 8nd rewards of ownffship. h&8 tr8llsfett control of the &%sct lo party. Financial liabiliti&8 are dereL4)8nistsJ i>nly when the obligatiffl speixfiul the contracl is dischargal. cancelled or expire& lThe cvidence of fair value is a quoted priLt for an identical in an active market. WIL quoted prices are unavailable. the pn of a recent transaction for all idelltical asset provides evkdence of fair vdluc as Ii)ng as the has not been a significant change in economic Clicumstan or a %ignificant lapse of time sinc£ the tr8nsacti(n to()k place. If the markd is not active 2nd r(xxTht transactions ot an identical asset on their are not a 80(xl e&imatc ol fair value, the fair value is estimated by using a valuatiffl techniq. Page 16
Berry Pomeroy CIO Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) 2 Income from donatiom and legaeies Unrestricted runds General Total 2025 Total 2024 Donati(Hl8 le8aci¢s' Donattons from individuals 155 155 155 155 3 Income from charhabk artivities Unrestricted fund8 General Total 2025 Total 2024 Residential home 980.936 980,936 1.067.985 Unrestricted fund8 General Total funds Residential home 980.936 98A).936 Total for 2025 980.936 980.936 Total foT 2024 1,067.985 1,067,985 4 Inveslmettt income Unrestrlcted funds General Total 2025 Total 2024 Ill(%)me frotn dividends. Dividends r¢Vable fiom other listed investments 14,593 14,593 14.494 Page 17
Berry Pomeroy CIO Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) 5 Expenditure on charitable activih Unre8trleted fund$ Ceneral Restrlcted fund$ Totsl fwidy Charitable activities Depreciati(n. arnortisatiffl and other similat 1.026.648 1,026.648 31,342 15.393 1,440 31.342 15,393 1.440 Allocated support c(Bts Governance costs Total for 2025 1.074.823 1,074,823 Total for 2024 914.196 24.273 938.469 6 Analysi8 of g0venw% and 8llPPOrt costs Governance costs Unmtricted funds General Total 2025 Totsl 2024 Indep¢ndLmt cxamin¢x fees ExattLination of the financial statan¢mts 1,440 1.440 1,320 1,440 1,320 7 Iyet incomingloutgoing reaourees Net (outgoing)lincomiDg res(wces for theyear include: 2025 2024 Dq)rcGiation of fixed as5 31,342 24.273 8 Trustees remuneration and espen8es No trnstees. nor any Perlls CO[eCtOj with thenL have e1Ved any r¢munerats(m trcm the Charity during the year. Page 18
Berry Pomeroy CIO Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) 9 Staff eogt8 The aggregate payroll costs w¢r¢ as follows.. The monthty average num1 of persons (including senkor manageMt I leadership team) employed by the charity during the year expressed as full time equivalents was &8 follows.. 2025 2024 Engaga on charitaLq¢ activiti¢s Engagal on tnanaganfflt and adminiblrati(n 31 31 34 34 ContributiCS to the employ¢¢ pension hernes for theyear £15,781 (2024- £13.180). No employtt rec£iveAJ emolumentsof more than £60.(KX) during theyear The total employee ttnefits of the key maDagemfflt personnel of the clwity were £122,598 Q024 - £128,221). 10 Taxation Th¢ charity is a rLgistered charity and is therefore ex(p1 from corporation tax. Page 19
Berry Pomerny CIO Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) 11 Tangibk rued a88ets Land and Furniture and buildings eqthpment Compu¢er equipment Total At l January 2025 Additi8 528.78A 87.419 200.338 184 729.31 87,419 At 31 Decemlw 2025 616203 200.338 816,725 Deprecialion At l January 2025 Charge for theye8r 2(,864 29.691 198.031 1.651 184 405,079 31,342 At 31 2025 236.555 199.6¥2 436,421 Iyet l)(bok value At 311)ecemkn 2025 379,648 656 380.304 31 Dbtt 2024 321,920 2,307 324,227 Illud within the net E(*)k value of land and buildings aEove is £379.648 (2024 - £321.920) in respect of freehold land and lIdIn and £Nil (2024 - £Nil) in res of leas&olds. Page 20
Berry Pomerny CIO Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) 12 ed asset investments 2025 2024 tnvestments 511.219 455,030 Other inve8tnDts Listed Investments Total Cost or Valuation At l January 2025 Revaluation Additions Disposals 440,977 35,040 64.719 (55.190 440.977 35.040 64,719 At 31 DecemLEr 2025 Cash awaitmg inv&8lrncnt 485,546 25,673 485.546 25.673 Ilet Ik valuc At 3 l Decemkn 2025 511.219 51 1.219 At 31 De(wnber 2024 455,030 455.030 The cost of the investments at 31.12.25 £409,127 (2024.. £387.978). All invStments are held on the st(Kk exthange. Pa8e21
Berry Pomeroy CIO Not to the Financial Statements for the Year Ended 31 December 2025 (continued) 13 Debtor8 2025 2024 Trad¢ debtcfs Pr¢paym¢i]ts 530 4,528 10.354 3.910 5.058 14,264 14 Cwh and cash equivalents 2025 2024 Cath on hand Cth at bank 2,955 61,484 64,439 2.844 I77,2) 180.124 15 Creditors: amounts falling due within one year 2025 2024 Trade cr&lilors Other taxation and s(1&1 Surity Other creditors Acuuals 17.469 14.727 3,179 5,720 9.359 3.146 9,865 41.095 22.370 Page 22
Berry Pomeroy CIO Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) 17 Analysis of net assets behveen funds Unre$tricted funds General Total funds at 31 December 2025 Tangible fixed asset5 Fixed asset Anvestnkents cUml a&8ets Cllrrt liabllities 380.304 511.219 69,497 (41.095) 380.304 511.219 69.497 (41.095 919.925 Total net a&sets 919,925 Unrestrieted fund8 General Total funds at 31 December 2024 Re81ricted funds Tauble fixed assets Fixed asset investmts CTJrrent assets Currait liabiliti&5 57.847 455.030 194.388 266.380 324,227 455.030 194.388 22.370 Total net a&%ets 684,895 2.580 951275 Page 25
Berry Pomeroy CIO Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) 18 Analysis rf net funds At31 December 2025 At l JaDuary nancIng casb 2025 flows Casb at bank 8nd in hand 180,124 (115.685) 64.439 Nd debt 180,124 (115,685) 64,439 At31 December 2024 At l January Financing ca8h 2024 flows CLsh at bank and in hand 62.402 117.722 J80,124 Nd d¢bt 62,402 117,722 180.124 Page 26