R•glster•d number: 067681TI Charfty number: 1179990 fts ROYAL CAMBRIDGE HOME LIMrrED AUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ROYAL CAPJJBRIDGE HOME LIMITED (A COMPANY LIMITED BY GUARANTEEI CONTENTS Page Reference and Adminlstratlv& Details of th• Company• ItB Truste￿ and Advlsern Trustaes. Report Tru8*•￿, Re8pon•lbllltlo• Statement Indopendent AudltoV8 Raport on th• Fln•nclal Stat•ment• 8-10 8tatom•nt ol Flnanclal Actlvltk• 11 Balanco She8t 12-13 Statem•nt of Cash Fl+)W8 14 Note8 to tho Flnanclal 8tat•m•nt8 15-33 ROYAL CAMBRIDGE HOME LIMrrED (A COMPANY UMrrED BY GUARANTEE) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trust805 Mr R H Dowler MBE Major J T Tatham (deceased April 2024> Col. N E L Gilb8rt MrA D Bott FCCA Mr J M L Wllliams MA Ireslgnad 6 Septembér 20241 Mrs K Rajan MrJ A Ross FCIS Mr R C J WSlllams {appolrbted 22 January 20251 Mr J A Spallon FCA lappolnled 15 Oclober 20241 Company regl8t•red number 06768177 Charfty r•gl•t•r•d numbèr I179￿) Regl•t•r•d offlc• Albany House Claremont Lane Eshar Surrey KT10 9FQ Company •ecr•lary Mr A D Bott FCCA Independont audltar Wellden Turnbull Llmlled Stalulory Auditor3 Albany Hou88 C18remont Lane Esher Surrey KT10 9FQ Banker4 N8tlonal Waslmlnster Bank PLC 73 Hlgh Stre81 Walton on Thames Surrey KT12 1DW Sollcltor8 Moore Barfow Frameworks 2 Sheen Ro8d Richmond Surrey TW9 1AE Page 1 ROYAL CAMBRIDGE HOME LIMITED (A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees of the Royal Cambridge Home Limited have the honour to present ils sixteenth Annu81 Report and Statement of Accounts for th8 year ended 31st March 2025. Obj•ctlve8 & Aetlvities, Stwcture Govemanc• and Managern•nt Th8 Royal Cambridge Home Llmlted is an incorporated charity consllluled under the Gharlty's govemlng document dated 26th F8bruary 1996 and following discussions with the Charfty Commission the Trustees made application lo th8 Cornmission for the Conslilulion of the Home lo be altered. The revised Constllullon was sealed by the Commission and racefved by the Trustees on 13th June 2007. The day to day activities of the Charity have, slnce 1&1 Aprfl 2009. been conducted by Roy81 Cambrldge Home Limited. The CharSty relalns ownership of the freehold li118 lo the pr8mSses of the Charity. Thè long lemi objeclives of the charity 8re lo provlde ffirst clas8 resldenllal c8re to Its baneflclary group In IVS current newly buill premSses. The Tru$l88s have seNed durlng the year are 881 out on page 1. Trustees are appointed by the board of Irusleos of the Royal Cambrfdgo Home. The day to day adminislralion of the Home16 the responslblllty of the IAanager who reports lo thg Trustees of the Royal Cambrldge Home Llmlted and lo the General Purposes Commltt8e of the Royal Cambrldge Home. Followlng dlscusslons with the Charity Commission on 26th Aprfl 2016 a revised Schem8 was Issu8d the effect of whlch was lo amend the name of the Charlly from The Royal Cambridge Home for Soldlers, Wid¢)ws to The Royal Cambrldge Homè 8nd to extend the deflnllion of Ils beneficl8rles as follows'.- 111 (al The rellef of benaflclari88 are In need by vlrtue of financlal hardshlp, sickn08s, dS88blllty the effecls of old age by the piovision of a home. {bl The r81i8f of benefldarles who are in need by vlrtU8 of financial h8rdshlp, slckn8ss, disabillly or th8 effects of old age by tha provlslon of grants, 108ns, g￿ts, p8nslons or otherwi88 {21 In furtharaneè of Clause 1 181 tha Trustees may a8818t bgneflclorles by provldlng sheltered accommodallon, resldentlal ¢are, nursSng and day resplte care. 131 The Tru81888 musl continue lo pro￿de a home on land belonging lo the Charity. In thls contexl the term 'beneficl8rS8s" means (11 Women who have served In the Armed Forces of the Cro￿. 121 Women can be considered to be or have been dependent on a man or wom8n who has seNe(I In the Armed Forces of the Crown includlng spouse, civil partner, wdow, former swuse, fomer clvil partner. parent, chlld, 81ep child. adopted child, and quallfylng c￿h8b1tsnl. 131 Men who hav8 served In the Amad ForGe8 of Ihe Crown and men who can be conS￿ered to be or have been dependant on a man or woman who h88 served in the Armed Forces of the Crown. includlng spouse, dvll partner. widow, former spouse, former clvll partner, parent, chlld, 8tep child, adopted chlld, and qual￿ng co- habitant with the proviso that b8neliciaries satisfying tho critsria in111 & 1218bove wlll take pr8cedence in the event of there being more than on8 applic8nl for an avaiLgble place in the Home. This is undertaken from the Charty8 premlses in Hursl Road, East Molesey, Surrey. In setting objectives and planning for activitles the Trustees h8ve given due consideration to general guldance published by the Chartty Commission relating to public bgnefil, Including the guidBnce 'Public Benefit.. running charity IP821. Page 2 ROYAL CAMBRIDGE HOME LIMITED (A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT ICONTINUEDI FOR THEYEAR ENDED 31 MARCH 2025 Referonce and adrnlnlstratlv• d•tails These can be found on page 1 of Ihls annual report. Th8 ch8nVs investment advlsers are.. RalhtK)nesllnveslec Wealth & Investment Limited 30 Gresham Street London EC2V 7QN Achlevemonts and P•rform8nce and Flnanclal Rovlow The full financ￿1 8cl1￿lIeS for the yeaT 8r8 shown on pages 11 to 33. Th8 nel autgolng resourcas before galn on Inveslm8nls ar8 £226,635, compared to n81 IncL)mlng resourc8s of £11,610 for 2024. After laklng account of the gain of £1,234 12024 gain of £5,153) on our Investment portfollo, a deficll of £225.401 was r8cord8d for the y8ar compared wlth a surplus of £17,263 for 2024. Redevelopment Th8s8 results refle¢l the facl that from 1st April 2024 to 21st August 2024 the company conllnu8d to op8rate from Ils property al 82 Hurst Road and from that dale was operatlng from Ils new premises al 84 Hurst RoaLI. As 8t the dal8 of the transfer of the busln888 on 21 st August the Home was provlding care for 17 resldenl8. The contract for the con81ruction of the new prgmisas w88 for a perlod of 64 week5 concluding on 29th July 2024. Work of construction was hamperad by poor weather conditions partkulady Ihrough the Sulumn and wnler months and as 8 result the handing ov8r of posse89ion of tha new bulldlng was deferred unlll 12th August 2024. Th8 contract sum agreed ot the oulsel of conslrucllon was Sn the sum of £8,117,942 plus related profes51onal fees. Durtng the course of construction addlllonal costs were Incurred and as a result th8 orlglnally agreed Fixed Land PayTnenl of £1,775.000.00 was reduced lo £1,548,334. The new bulldlng provkilng accKJmmodallcffl for 32 residents each In slngle rooms wlth en Bulte showorlwc 8rrangod over ground, first, second and Ihlrd floors. All floors are served by lifts. On each floor level there is a loung8ldining room lor communal use. In addilion Ihe Home provides a guest bedroom for the use of visiting resident family members or frlends, a halrdresslngllherapy salon and library. A fully equipped kitchen prowdes meals for all residents and residents. clothing is washad In a lully equlpped laundry. The General M8nager's and admkn offices together w41h the Care Manager's office are located on the ground floor wih staff ch8nging and rest faclllties provldgd on the third floor. 11 became G￿r when the building was occupied that the space allocated for the Home's Man8ger and 8dminislrative staff was inadequaté and 81 the lime of prep8r8tion of Ihls report arrangements arè in hand for the layout lo be changed such that the existing haSrdres81ngllherapy salon will be relocated lo use the library 8uGh that when not in use for hairdresslngltherapy ils us8 85 8 library can contlnue. The existing halrdressingltherapy salon wlll become th8 manag8r's Offi￿ and the existing managarfs office and admln office will b8com6 one space. The Home is supplied wth underfioor healing and domesllc hot water by means of 81r source heat pumps sited in a compound lo the rear ol the building. Conslstenl provlsion of both healing and hot w8t8r has been somewhat spasmodlc and has required the Intervention of engineers to adjust the system to operale to ils de8iuned capacity and this is ongoing. In the days iMM￿latelY following 12th August there was great acliwty In instsllng fumlture and furnlshings in readiness to reCe￿e the résidents. The majority of fumilure and fumlshing items were Purchased from new and we are very grateful to Mr Michael Sandford for his involvement both in advising and recommending suppliars. tolour schamas, arranging deliverf8s at appropriate Ilm8s and assisting wlth the placement of itams, p3rt1culady the pictures approprfale for their hxation in th8 Home. Page 3 ROYAL CAMBRIDGE HOME LIMITED IA COMPANY UMITED BY GUARANTEEI TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlovements and Perfornlance and Financlal Rtview (contlnuodl The portrait of th8 first Duke Of Cambridge, In whos8 memory the Royal C8mbridge Homè was founded in 1851, and which had for many years been hung In the hallway of 82 Hurst Road was ckaned and the framè refurblshed and now hangs in a promin8nl poslllon In the entranc8 foyer of the Home. On 21st August the transfer of re81d8nts trom 82 Hurst Road to the new bulwing was very skilfully handled by the stsff who Greated a patty atmosphere and all seventeen residents were safety insta118d by lunchtirne on that day and were inlroduc8d lo their new surroundings The Home's gardening contractors hBve undertaken a consider8ble amount of wort( in prov￿Ing planlir)g of trees and shrubs surrounding the car parking area al th8 front of Ihg bullding wlh further landscaping of the rear gardens. The c6dar tree forms the major focus of the rear g8rden but is now supplemented with further planting Includln9 a subslanlal ollve tree together wlh 8 variety of shrubs, Ire8$ elc. Landscaping has also provided a paved palhwsy around part of th8 lawned rear garden. A work8hoplstor8 togeth&r with addllional storage sh&ds and a stsff smoking 'gazebo" have also b88n added. Rèvlaw of the Year As al 181 April 2024 there wer8 17 resldents In the Home. During the year we admitted 13 resld8nls for pemanenl slay and a further 3 iesidenls for v8rylng periods ol resplle care. No residents lefl Ihe Hom8 to live elsewhere. Six resldènls died during th8 year. As at 31 sl March 2025 we were carlng for 27 residents. The Home. In compllance with a request from thè Social Services Department of Surrey County Councll conllnu88 to submll regular "Capaclly Checkerf, reports advising the authority of availability of 8ccommodalion, staffing lovels elc. and In conjunction wlh this process is recelvlng applications for accommodalion under 8 'Discharge lo A888s$ programme the appllc8nts requSring ellh8r resplle or long tsm care with short lemi fundlng belng provided. COVID-19 conllnues lo presenl a threat, alboit much reduced. lo tho health and well-bèlng of the r8slden18 and staff. Tho staff of the Home are constantly alert lo the ￿Sk8 which il presents. During the year lo 31st March 2025 we experi8nced one mlnor oulbreak ¥￿th no major consequences for ellher residonls or staff. Wlth the reducllon In the incrdence of cov1￿19 51 has been posslble to arr8ng8 a wlde vaTlety of 8cllvltS88, outings and entertainment for the residents and gratsful thanks are due lo the aclivillos organisers and all the stsff for making these very successfLJI and enjoyable. Inc￿￿ed are pub lunches, vlsits to Hampton Court Palace and Bushy P8rk. attendance al the rehearsal of the Fesllval of Remembrance al the Albart Hall together with visits from singers and muslcians and Zoolab Iwilh exotic anlm8lsl- Shortly after the ye3r gnd the Home received a cage together wrth an Incubator Bnd seven eggs from which hatched six chicks lo fill the ground fbor har￿aY th ihe sound of cheeping. In due course the inhabitants of the cage wlll be transferred lo a coop at the re8r of the Homes garden. Monlhty Newslatters have contlnued lo bg publlsh8d glvlng a colourlul plcture of Ilfe 81 the Homo, notable events and infomation on forthcomlng acllwlles. The Home's Summer Garden Party was held on 12th July when w8 wor8 honoured lo welcome the Mayor of Elmbridge. Counalbr Neill Houston together wth other friends of the Home as well as friends 8nd mambers of residen15' familles. The traditional "Stirring The Chrf8tmas Puddlw" ceremony was held on Thursday 28th November when we were tyelighled lo welcome as our Guest of Honour, General Sir Jeremy Mackenzie, a fomier Governor of the Roy81 Hospital Chelsea and a great 5UPPOrter of the Royal Cambridge Home over many years. Again we were lolned by residents, f￿endS and famity members. We are, as ever, mlndful of the work and commltment of our 8t8ff in making tha Home a happy and sacure place for our resldents. Our grateful thanks lo the Manager Rory Be￿eld and 811 the staff for their efforts under difficult circumstsnces in the old bulldings during the constructlon work In the earlier part of the year and In particular skill and care showrb lo the residents in tho move and settling in to the n8w premlses. Since the move to the new Page 4 ROYAL CAMBRIDGE HOME LIMITED {A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 buildlng the numb8r of resldents has increasad and enqulrfes for resldentl81 care have 8imlloAy Increased as news of the quality of th8 new premis8s and the quality of care belng offered has spread. Visltors are often heard lo wfymment ors the posillve and happy almogph6re urilhln the Home ènd this Is In no small measure lo the care provided by th8 $18ff. 11 is also approprlate lo r6cord that throughout th8 construction perlod Red Construction Group have been very underslandlng and considerala neighbours and this is continuing with their construction of Phase 2 of the development for Sheppard Trust currently scheduled to continue until June 2026 As reported last year thank8 to Ihe hard work of Mrs Mckl O'Brf8n and Mrs Maggie Wllklnson the Home re¢eNed accredilalion in tt)e Gold Standards Framework In settlng standards for the provision of "end of lrfe" care. The 8ccreditalion13 8ublecl lo regular revlew ¥Mth stsff receiving appropriate training and supeNislon. The trustees ar8 vary appreclaliv8 of tha donations recehJ8d from Benef8Glor8 durlng th8 year and many congratulations are du8 to all those staff members and friends who took p8rt in the Maglcal Mo1858y Evening In November raising £457. Addilionalty a lurther sum of £415 was ralsed al th& Summer Garden Paty and Christm88 Raffles. These funds were for the b8nefll of the Queen Mary Fund lo provld8 ent8rtolnmenl for resldents. RIP As recordad In last yearfs annual report n8ws of the death of M8lor John Tatham was reCe￿8d with great sadness. John was an invaluable member of th8 b08rd of dlreclorsltrustees for 29 years and the Home benefited grealy from his loy81 swlce lo the Home. In his memory. on the firsl anniversary of his death some ol his ashe8 were Interred al the fool of the ollve tree In the Home's garden by John's ¥Mle logelhar with a m8morf81 plaque. Inv••tm•nt Pollcy There are no restrf¢llon8 on th8 charfl￿s pow8r lo Invest. The Investm8nl pollcy Is to provlde a suffldent opportunlty for capllal and Income growth lo meg1 the Increaslng oblloallons of malnlainlng and runnlng the Home whllsl malntalnlng 8 low rlsk prof1￿. The Irusl8es regularty revlew the Invgslmenls to ensure that the portfollo provides o spread of rlsk and ba￿nce b&￿e8n equlty and flxed Interest Investments. The Iruslees conslder the relum on investments lo be satisfactory bul remaln very con8cSous of th8 unc8rt81nlles in the market both nationally and globally particularfy al the present lime. R•8•rves Pollcy It Is the pollcy of the ch8rlty to maintain unrestricted funds, which are the free reserves of the Home, at 8 level whlch oquates lo approxlm8lely three monlh8 unreslricled expenditure. Al this level the General Purposes Committee foels that il would be able lo continue lo provlde a high standard of residenlial care in the event of a significant decrease in the level of fundlng. At th8 year end the ch8rfty had unresMcl8d funds of £128,287. The reglslered charity bén8llclal owner has unrestrlcted funds of £10,868,757. Page 5 ROYAL CAMBRIDGE HOME LIMITED IA COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 202S Rlsk R8vl6w The tiustees have examined th8 major slr8leglc, business and operallonal rlsks which the chadty faces and confimi that Sy8lems hava bean 8stabllshed lo rnltlgal8 thos6 dsks. Volunteers The Charity does not rely on volunteers lo deliver the front Ilne services lo our resmdents. They aro undertaken by employees at all times, many of whom have professlonal qualifications. The only voluntary serwces are provided by the Trustees , all of whom Bre totally voluntary. Ll8t ol ben•tsctorn Y••r •ndod 318t March 2025 H M Th8 King Row8n Benlall Chadtsble Trust Dlsclosuro of Inforniation to audltor Each of the persons who are Trusteos al the Ilme whan thls Tru818es' R8POrt18 approved has confirmed that.. so far as that Trust88 18 aware, there Is no r818vanl audll informallon of whlch the Charllable compaws audllor18 unaware, and that Trusl8e has tsken all the sl8p$ th81 ought lo have been taken as a Trustee In order lo be aware of any relevant 8udit infom)alon 8nd to establlsh that the chArStys audllor Is aw8re of that Infomi8tlon. Appr¢Jved by order of the members of the board of Truslees and signed on Ihglr behalf by. Mr R H Dowlor MBE (Chair of Trus¢egsl MrJ Spalton FCA ITrusl8el Dale.. Page 6 ROYAL CAMBRIDGE HOME LIMITED IA COMPANY LIMITED BY GUARANTEE) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 Thg Trustees (who are also the dSrectors of the Ccmpany for the purposes of company law) are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and Unlted Klngdom Accounting Stsndards {Unlted Kingdom Generdlw Accepted Accounliro Praclicel. Ccxnpany18w requires thg Trustees to prepare financial statsments for each financi81 year. Under company law. the Trustees musl not approve the fin8ncial statements Ljnless they are satisfied that Ihoy glve a true and fair vlew of the stat8 of affairs of th8 Company and of its incoming resources and 8pplicatlon of resources, including its Incorne and expèndllure, for that p8rlod. In preparfng these flnancl81 st81gment8, the TfUBtses ar8 requlred lo.. select 8uitsble accounllng pollcles and then apply them consist8nYy', obsèrvè tha methods and prfncipl8s of th8 Charltles SORP IFRS 1021.. make judgments and accounting estr'males that are reasonable and prudent., stale whether applicable UK Accountlng Standards IFRS 1021 have been followed, subl8Ct lo any malerf81 departurgs dlsclosed an¢J explained In the financlal slalements., prepare ihe financial ststemenls on th6 going Goncem basls unless11 is inapproprlale lo presume th8t the Company will conllnue in business. The Trustees are re8ponsSble for keeplng adequat6 8ccounllrvJ rècords Ihal ar8 sUff￿ent lo show 8nd explaln the Componls tr8ns8cllons and disclose ￿th reasonable accuracy al any lime the financial poslllon of tha Company 8nd enable them lo ensurg Ihal the flnancial slalements comply wlh the Ch8rfties Act 2011. They are 81so responslble for safeguarding the assets of the Compony and hence for taklng re080n8ble stsps for the prevention and daleclion of fraud and other irregularllies. Approved by ordor of the membgrs of th8 b08rd of Truste98 and signed on Its bghalf by. Plr R H Dowlor MBE (Chair of Trusleesl MrJ A Spalton FCA ITrusleel Dale.. l?. 1*.2%. Page 7 ROYAL CAM8RIDGE HOME LIM￿ED IA COMPANY LIPIITED BY GUARANTEEI INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ROVAL CAMBRIDGE HOME LIMITED Opinlon We havè audited the fin8ncS81818tements of Royal Cambridge Home Limited Ilhe 'charitablg comp8nll for the y8ar ended 31 Marckn 2025 which c£bmprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the re181ed notes, induding a summary of significant act￿UntIng policies. The financial reporting fram8work that has been appliod In thalr preparation is applicable law and United Kingdom Accounting Standards, including Financial R8POrtlng Standard 102 'Thè Flnanclal Reportlng St8ndard appllcable In the UK and Republlc of Ireland, (United Klngdorn G8n8rally Acc8pled Accounllng Pracllce). In our oplnlon Ihg flnanclal st8temenl8'. gSve a tru8 and fair vlew ol the stale of the charftable company's aff85ts as al 31 March 2025 and of ils Incomlng resources and appliCa￿On of resourc88, InGluding Its income and expendlture for the year th8n ended., have been propèAy prepared in accordance ￿th Unltad Kingdorn Generally Acceptsd Accounllng Practice., and Hava been pr8par8d In aGGordance wllh tha rèqulramenl8 of the Charflles Act 2011. asl¥ for oplnlon We conducted our audll In 8CC0rdanco wlh Inlematlonal Sland8r118 on Audib'ng IUKI IISAS IUKII 8nd applicablo law. Our responsibllilies undar those 8land8rds are further descrlbed in Iho Auditor's responsibilities for the audit of tha financlal statements secbon of our repori. We are indgpendent of Ihe ch8rS18ble company in accordance with the elhical requirements Ihal ara relevanl lo our audit of tho fln8nclal stslements In the United Klngdom, Including the Fln8ncial Reporting Council's Ethical Standard, 8nd we have fuifilbd our other elhlcal responsiblliues Sn accordance wilh these requlrements. We beI￿ve th81 the audit evldenc8 we have obtalned Is sufficient 8nd approprlate lo provlde a b8sls for our opinion. Concluilons r•latlng to golng concern In audillng the financkql 8t8temgnls, we have concluded thal the Trustees, u$e of th8 golng concern basls of a￿OUntIng In th8 prep8rallon of the financi81 slalgments is 8ppropriats. Based on the work we have performgd. we have not Idenllfied any malerfal uncertainties relallng to events or conditions that, Sndlvldually or collectlvely, may cast slgnlfic8nl doubl on the charitable companls ability to continue as 8 golng concem for 8 P8riod of al least iwelve months from when the financlal statements are authorfsed for Issue. Our responslbiliUe8 and the re8ponsSbilllles of the Trustees wth respect to going concern are described in thè relev8nt secllons of this report. other Informatlon The other Informallon comprises the Infomalion included In the Annual Report olh8r than the ffnoncS81 8tat8ments and our Auditorfs Report thereon. The Trustees are responsible for the ether information contalned wlhln the Annual Report. Our oplnion on the financial slalements does not Cover the other information and, except lo the extent otherwise explicitly ststed in our ￿pOrt, we do not express any form of assurarbce conclusion Ihereon. Our responsibility is lo read the other infom)alion and, in doSng so. Consider whether the other information is materially inconsislenl with the financial slalements or our knowledge obtained in the course of the audlt. or othewse 8ppears lo be malerialfy misstated. If we identlfy such material inconsistenc￿S or apparent material misstslements. we are required to delemiine whether this gives rise 10 8 material misstatement in the ffinan￿aI st8lernents themselves. If, based on the work we have performed, we conclude that there is a malerlal mi8StaleTnenl of thig other information, we are requlred to report that fact. We have nothing to report in this regard. Page 8 ROYAL CAMBRIDGE HOME LIMITED IA COMPANY LIMITEO BY GUARANTEE IMDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ROYAL CAMBRIDGE HOME LlkllTED ICONTINUEDI Matters on which we are rnqulred to report by exceptlon We have nolhlng to report In respect of the followlng matters where the Charftses (Accounts and Reports) Regulations 2008 requlres us to report lo you if. in our opinion.. the inlomiation given In the Trustees. Report 18 inconsistent In any material raspect with the financiBI stalem8nls,' or 8ufficlenl 8ccountlng records have not b8an kept., or the flnanclal s181ements are not In agreement wllh th8 accounting records and rolums., or we have not received all the Informatlon and explanatlons we reqLbir8 for our audit. Re8pon8lbllltle8 of tru¥t808 As 8xplalned mor8 fully in the Trustees, Responslbililies Ststement, the Trustees lltho Bre Élso the directors of the charitable company for the purposes of company lawl are ra8pon8ible for the preparation of the financial stalemenls and for belng satlsfled th81 they glve a tru8 and falr view, and for such Snl8m81 control as th8 Trusleas delemine Is neG8ssary to enable tha praparalion of flnanclal 5t8t8m8nt8 that are free from materf81 mlsststem6nl. vth8th8r due lo fraud or arror. In pr8P8rlng the financlal stslamenls, the Trustees ar8 responslble for 8888881ng th8 charllable comp8nls abS1ity lo continue a8 a going concern, dlsc1081ng, as applicable, matters related lo golng con¢em and using the going concern basis of accounting unbss the Trustees elther Intend to Ilquldala the charitable company or lo ¢eas8 operotlons. or have no r8allslSc allernallve bul lo do 80. AudttoV8 re6pon8lbllltlas for thè audlt of th• fln•nclal •tstement8 We have been appointed as auditor under secllon 144 of the Charlde8 Act 2011 and report in accord0n￿ wlth the Act and relevant regu1811ons mBde or having èffecl Ihoreunder. Our oblectlv85 ar8 to oblaln r8ason8bl8 assurance about whether the flnanclBI statemen18 a8 a whol8 are fr88 frorn material mlsstalemenl, whether due lo fraud or error, and lo issue an Auditor's Report Ihal InGludes our opinion. Reasonable assurance is a hlgh lev81 of assurance, bul Is not a guarantee ihal an audll conduGlad In a¢cordgnce wlth ISA5 IUKI wlll always detect a matarlal misslalem8nt when 11 exists. Mlsslalernents can orfse frorn fraud or error and are consldered material if. individually or in the aggregate, Ih8y could reasonably be expected lo Influ8nc8 Ihe economic decision8 of users tsken on the basis of these linancial sla18ments. Irregularities, induding fraud, are instances of non-compliance wllh laws and regulations. We deslgn procedures in line wlh wr responsibilitie5, Outlined above. lo delect material misslal8ments in respect of irregularities, induding fraud. We have identlfied the greatest ￿sk of a material irnpacl on the financial slalements from irregularfties. including fraud, to relate to the tsming and reCOgni￿On ol income, and the override of controls by rnanagement. We have obtainod 8n understanding of the legal and regulatory frameworks that the Company opèr8tes wSthin including both those that directly have 8n impact on the financial statements and more wid8ly those for whlch non-compliance could hav8 8 significant Impact on the Company's operations and reputation. The Companle5 Act 2006, The Charflles Act 2011, employee legislation, h8alth and safely Igglslation, Care Quality Commission regulations and dats protecllon are Ihose we havo idgnlified In this regard. Auditing standards limit the requlred procedures as to non-compllance with laws and regulations to enquiries of those chawèd wlh gov8mance and r8vlew of any applicable corresponden￿. Page 9 ROYAL CAMBRIDGE HOME LIMITED (A COMPANY LIMITED BY GUARANTEEI INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ROYAL CAMBRIDGE HOME LIMITED {CONTINLIEDI The extent to which our procedure5 are capable of detecting Irregularities, includSng fraud Is detalled below- Enquiry of man8g8ment and those charged wlh governance as to actual and potential lillgation and clalms., Enquiry of management and thos8 charged wlth govemance lo klenfjfy any Instances of non-complSance wlth laws and regulations., Parformlng audil work ov8r the rlsk of managèment override of controls, Including tesllng of journal enlrles and other adjuslmenls for appropriateness, evaluatlng the business rationale of 51gnifi￿nI transactions outside the normal cout88 of business, and r8vl8wlng accounting eslimales for bias., Assesslng the reasonableness of income recognised in the pe￿)d based on contractual t8mis and obligalions 8nd the requirement of accounting standards,. and Tesllng the accuracy and complelenoss of disclosures, Including slgnificanl accounllng polIc￿s. related paty Iransaclions, and other crillcal notes, to ensur8 they are presented f8Srfy and in accordance wlth applicable flnancial reporting stsnd8rds. Revlewlng financial statement d18c108ure8 and lesllng lo supporting documenlallon lo as8888 compllance whh appllcab18 law8 and regulallon8. B8cause of the Inherent Ilmilatlons of an audll, there Is 8 risk that we wlll not delecl all Irregularlll8s, Includlng those le8ding to 8 malerfal misslalemenl In the financial stalem8nts or non 311 {785} (89,727) (131,051) 32,719 18311 (5.1531 (1.4611 290 (20,6521 47,379 791 Net cash provlded byl(u8•d Sn} operatlng actlvlti 1439,5791 69,845 Analyslj of cash and cagh equlvalents 2025 2024 Cash in hand 578,445 113,699 Page 31 ROYAL CAMBRIDGE HOME LIM￿ED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 26. Analysls of changes In not debt Al 1 Aprll 2024 Ai 31 March 2025 Cash ￿w5 Cash at bank and in hand Debt due wllhln l year 113,699 (1.9691 464,746 (2,3791 578,445 14,3481 111,730 462,367 574,097 27. Rol•t•d party tian¥actlon8 The company Is a wholly owned subsidiary of The Royal Cambrldge Home. In accordance ￿th Secllon 331IAI of the Companies Act 2006, the Company has tsken advantaoo of the exemption from disclosing tranSac￿on$ whh other wholty owned group m¢3mbers. 28. P•nslon cornmltment• The company operAtss a defined contribution pension scheme. The assets of the scheme are held 8epar81ely from thos8 of the group In an independ8nliy admlnislered fund. The penslon c081 chargè r8pres$nls contrlbullons payable by the company lo the fvnd and amounted to £19,501 (2024 - £13,388). £4,348 {2024 £1,969) of Gonlrlbutbns war8 payable to the fund 8t the balance sh￿1 dale and 8re Included In creditors. Oporatlng 1oa•a commltment8 Al 31 March 2025 the Company had commltmenls to make future mlnlmum18ase payments under non- an¢e118ble operatSng l&a8as os follows.. 2025 2024 Nollater than 1 year Later than 1 year and not later than 5 ygars Later than 5 years 18,818 54.943 15,228 86,989 350 The follo￿ng lea88 payments hav8 been recognised as an expense in the Ststement of Flnandal Aclivlllès.. 2025 2024 Operating lease r8ntsls Page 32 ROYAL CAMBRIDGE HOME LIMITED IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 P41ARCH 2025 30. Controlllng party The control￿ng paty is The Royal Cambridge Home a reglstered charity no.. 225674. The Parent chority is a non-trading chority estsblished to hold and oversea Its ch8rSt8ble $ubsldlarfes. Ils aGtiville5 are limited lo Investment management and providing slralggic and gov8rn8nce overslghl. The Parent charity controls the subsidiary as ils sol& member, enabllng it lo appjlnt thè sub8idi8rls trustees and dlrecl Its 51ralegic, financial, and operallonal daclslons in line whh Its charhable obleGtlves. The p8renf8 consolidate(18ccounts can be obtslned from 84 Hurst R08d, East Molesey, l(r8 9AH. Page 33