2025-03-31-accounts

Chwlty rngl*lrn11on numb•r. 1186582 HARTSWOOD TRUST UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMEKf8 FOR TrIE YEAR ENDED 31 MARCH 2026

10-19

HARTSWOOD TRUST REFERENCE AND AOMIXISTRATIVE DETAILS OF THE CIIARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 202S Tr￿1￿0 K SutWiO S L Garrètt S Sutarfa M J Haynes Charlty rngl•l•w•d number 11ees82 6th Floor 2 London Wall Place London EC2Y SAU Ind•p•nd•nt •xamln•r MPLA Chartered A(xyJunt8nts 2 London W811 Pl8C London EC2Y SAU Inv••bMnt m•n•gw¥ S¢hrod•r & Co. Llmltwj 1 London W811 Ploc4 London EC2Y SAU Page 1

TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present th#w annLwI rephjrt togelhw with the fmancaal statements of the Chaiity for thè year 1 Ayll 2024 10 31 March 2025. The Twslees adopted the pmmstons of the Statem8nt of R8comm•nded Pracliee (SORPI 'Acc<Junllng and Row￿n9 by Charitses, IFRS 102) in preparing Ihe annual report arKI ffinar￿ statements of the Charity. •. Obj purpo•o •nd publ1¢ b•rffjfft The Ch81ity was esl8bfi8hed ￿ 26 November 2019 under ils Trust Deed. as a Ch8rilablg Incorporaled Organisalion, to fvrther sud) pwposes which may be charltable accorthng to the law of England and Wales as the Trustees see fiL In Setting obled1￿$ and p￿nnIng ￿lF[￿nI and future athibes. the Trustees have giNEn due eorvaideration to general guidance published by the Charlty Ctjmmlssion relaung to publlc b8nefiL Induding th8 guklance 'Pub￿c benefft: running a tharity (P82)'. Al athwtses ha4 been undertaken to ffijrt￿r the Charitls pwpose as per Its goveming document and lot the public bpnefft. b. Ilaln a¢t1¥ftI￿ undortaknn to full￿rthe Charlty purposos lorthe publk b•n•fft The main activthes undertaken in relation lo the purposes of the Ch8rity, 8$ per its goveming documenL 8re those ol grant making. Mi par1￿￿1ar supwtirtg charilles whose work ha8 a demonstrable benefft to the environment. The Trusle8s work wilh Grgenwood Place ￿mited IGr8enwood Plac) to fulfil the rol8 of their exgculiw team and havo put in pla¢8 what they b81ieve is a doar and robust process for decision making and grant managèmenL The Charity undèrtakes a prtractive approach lo grant making, and grnnls are offered lo se18Ct oTganisations whose a￿1vilieS alvJn wilh this foujs. The Charity monitors the ber*ficiarie8 of grants lo ensure thèl funds 8re spent In line with Its charilabte objedi￿, induding. not limi18d to. stx rnonthly and annual reports on the use offurth progress In thelr respedht are88. Page 2

HARTSWOOD TRUST TRUSTEES. REPORT ICONTIMUEDI FOR THE YEAR ENDED 31 MARCH 202fj A¢hl•venwnts nd prfomwnce l&qln a¢hl•v•m•ftts of th• Chrfty Followtng the eslablishm8nt of tho expendable endty•Anent In the pwlod lo 31 March 2021. Ihe Trust￿3 have fomulale(l • gfanl maklng pomq and have researd)ed appropriate i$8u8s avMI woanlsotion8 for their grant rnaking. Durfng Ihe year, grants tot8lling £170.500 w¢ro mode lo tho folltrlng In￿lon5. CllonlE8rth - ClientEarth u8e8 ts power ol the low to tyJmb31 dlmate changè and poltullon. aecure peopl88' •n¥lronm8nlal rfghts arwj prot8&1 and rgstorg ￿b[tats, wlldlwe and nabjral r080UW. Project Seagfa68 . Prolect So#gr888 r8%&f$88 the1088 of 6eagra88 meadows by lumlng 8CtgnllffG rnaearch Into ca)nSep4a￿On acilon and educallon 8thern￿. •nd by cOl￿bor0t￿9 T￿th loc1 communllle8 olhgrn to Imp $8#gr88s ecosy8tem8 globally. H801 R•wlldlng - H•al RowlIdin￿8 mlsslon IJ to con8epA and hnprove the natural and phyjlcal en￿ronmOnt In England and Wale8, U8lnq tho proc•88 of milldlng to (08tore blolog1￿1 dfvernlty and eco8y8tem8. Choo80 LO￿ - Ch0080 Lov8 help to respor￿ to global emergenc1￿, prthldlng eearch and T08ryA, ¢mwGanoy mod1￿1 and vllal 8upplles lo help people rebulld th•lr11¥89. Blg Gfve Gmn Match Fund . Thg 819 Gh'i annual onlln• match funding campan, I￿98d on tho an￿rOnment Furthw d•t•lbs c•n bg found In Nots 7 to the ac￿(Sn￿. FlnAn¢lal r•vl•w •. Golng con¢•rn AS noted In 88clknI d. belw. the TruBto8N of the olarty have perfomed 8 81rntegtc rovlow ol th• Cho￿1￿$ operatkM$ and hm conduded that Hart8wood Trust bs no longgr 8 golng ¢onrAm. A vot6 to thè transfer of fvnds lo a separats donor advl8od fund should take place withln 2025. fo11th￿n9 th18 Ume1118 the Intentton of thvj Trustees to ￿n&uP and dlssofve Hartswood Trusl. in favour of thè o$tabJiBhmènl 018 DonorAd¥t8ed Fund. AB a f•8utt the Tm8tee8 have prepared the acc¢unts on • ba$18 olher than C￿ 8 goity Cont￿n. b. RoMN•8 poll¢y The re8•r￿ poky of th Char6ty18 cuffenuy being fomed based on tho plonned ¢hwitable athAtkn In fuluro porfodB. The I￿11 lwAy8 ret*ln 8uffldent r08rn to o)¥er any expens￿ for the foM¢)wlng yoar. Thg endowmgnl fund 1$ gxpondablg in nature, and h considered to con8ht of the valu9 of the Inbpslmgnls. Indudlng the capft81 bank a¢xounl but exduding In(x)me a￿urrt balances. Where nece880ry, fvnds ore tran8ferred to the unre8td¢led f￿d to support the thar61ablè aclivities. At the period end. the Charity hthl total funds of £5.548.359, belng expendobl8 endrywment funds of £5.548,238 and unrestrlthd gonorol fun¢ts of £2.121. Page 3

TRUSTE￿ REPORT ICONTINUEDI FOR THE YEAR EMOED 31 MARCH 2026 c. Flnan¢lal rwl•w Dudng the year. the Chaiity re(lvad totsl In￿me of£343.302 from donatlon8 and knvestment holdlngs. Totsl oxp8nditur¢ for the perljd was £258.923. Of thls Inbt8tmenl managemenl costs lotsled £43,815. grant payments totalled £170.500 and other support costs totA118(1 £44,808. Durfr¥J tha year. Ch£rW8 Inve8tmenl$ recorded a revalu8llon loss 01£80,813. this rnwll8d kn overall net 8ft•r In￿Stment galni and lo$¥es for the chath as 8 whole of £23.586. d. Futyrn pl•n• The TN8lees of the chartty have p8rfomied 8 stralegtc revlew of the charW8 opérallons and hav8 ConG￿￿ed that tt8 tharltable pu￿•se r￿Uld be $8r¥ed wth gfeoler Impact #nd te8$ admlnlstratbve I￿rden through a dbfferonl fr8mvNork. For th1$ rg88on. Ihe Trustees have agreed lo trgnBfer the fund$ ol Hgrtswotsd Tru8t to a donor a¢fvi8ed fund. through whlch the objecti￿$ of tho charity WHI ￿)n￿nUe lo bè pursued. Tho transfer of fun should tske P￿c& wlthln 2025 or è8rty 2026. followlng th1$ Ilmé tt18 the knlentlon ol th• Tru81ees to wlnd-up Jnd r•mo¥g H4rtswood TnJ•t from the rgglstor of Chadtlo8. 8tructyrn• qov0rn￿c• and MIn￿•m•nt H•rt$wotyJ Tru8t18 a r•glslwod Charttth Incorporoled Orgonl88llon. number 1186582. 8nd18 comlltuted undèr a Truot d￿d. b. Pl•thod• ol•ppolnlm•ntor•l•ctlon of Tnwt•e• The mgn8ggment of the Chwlty18 the r•spon8SbllSty of the Trusts•8 who am 81othd •nd ￿0ptsd under th• tenn$ oftha Trt￿l deed. c. Fln•nol•l fl•k m•nag•m•Trt The Tru$lee$ ha￿ as8e88ed tho major risks lo whith th8 Ch8rlty16 exposed, In partlcular those rel81gd to Ihe operalon8 and finan(s of the Charfty. and are tho1 $ystsm8 al￿ procedure$ are In place to mlllgo19 exposure to th• rf8k8. Approved by ord•r Of1￿ MemboT8 ofthe Boaftl of TFu$tso$ and slgn8d on thelr behallty; K Sutsrl• Truste8 Date.. 11-10. &• Page 4

STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2026 Thè Truste85 are rg¥>onslble for pr•paring the Tru8lees' Rem and tho ffinandal statements kn acMrdanc8 wlth applI￿bIg law and United Kjngdom Accounung Standards IUnlt8d Kthgdom Generalty Awt8d Accounttr Practice). The law applicable to charfties in Erwland & W81e8 requstes the Tru$toes to prepare Ilnanclai stalemont$ for oach Itnanaal whith ll￿0 a and falr vl8w of th8 State of affalr8 of the Chority and of Its In￿mIng fe8ource8 and appIl￿tion of rèsources, Includlng M8 Income and expendltufv, for that pedod. In We￿ring th08e flnandal 8thlèment8, the Trustfj8S aro roquiied lo: Select suitablg aoxuntlng pollct8# and then apply thgm con81ot6nty', ob8eNo the methods and prtndple8 ofthe Charlt688 SORP (FRS 1021; m8ke ludgem8nls ond 8ccountlng 88tlmale8 that are r0380nablg and prudent.,

tale whether 8pplk4ble UK Actsjunling Stsntsrds {FRS 1021 have beet) follryrt•d. 8Ut4ect lo any matedal

dèp8rtur88 dl8do8ed ond oxplalned In the Ilnandal 8lalemenl8'. prepare the financ1 8tgtomonl8 on thè golng c4)ncem ba61s unlgM tt h Inapproprlal• to presume th•1 th• Charity wlll conllnug In buslneu. The TN8tee8 are rnsponilble for keeplng adequatè act￿UntI￿a r•cord8 that •re suTrbnt lo show and eXpl￿n th8 Charftys transactlon$ and dI8d0￿ wlth reasonable acywracy al any tlme the finan¢lal of the Cha￿Y and ertable them to ensurn thot th8 finanritil Statements compty with the Charlti08 Acl 2011. thg cttè￿ty IAccounh and R8p¢)rt61 Reoulations 2008 and the pro¥l8lon8 of the Trust d8ed. Thty are 8180 r88POn81ble for Saleguardlng the as￿$ of the Chartty and hence for laklnu r•8wn#blb 8tsp8 for the PTOvenUon and d•l¢ctknn of fraud and other IrregulgrftlO8. Approved by order of the m8mbern of the Boafd ofTru8teeg And Slgned on tt8 bohalf ty.. Trustee 13_1é_tLS Page S

IMDEPENDEIIT EXAMINER3 REPORT FOR ThE YEAR ENDED 31 IIARCH 2025 l report to the ChaTty TN8t•88 cm my a(XXMrt8 Charfty for tho yw ènded 31 Marth R•Bpon•lblllll• and Ba•lB al R•port roqulremonts olts Chlthes kl 2011 Cthé 2011 W. I report kn respect of my examNwtM)n of the Chafit(s aco)unts ￿ThIed out under sosn 145 of th8 2011 Act and In carTrlThJ (xrt my examh￿ I ha% IrAh?￿d the aK$4kth DkecthM 91￿) ty th• Charfty Comml88th und8f •￿￿on 144SJlb) ofth8 2011 Y(wr •ttentlon18 dr8m to the fact thal fv Charfty wepsred thè ￿nts vAlh Acoyjntlng and Reporfry by Chavltie8.' Statement of Re&Thmend8d PradK apptkabb to wepaTuig thelr a￿ountS In accordanc• with tt FIMn¢lal sI￿d￿d appknbkn th tho UK and Republk of Ir81gnd (FRS 1021 in prefwfjn￿ to tm Ac¢ountlng and Repothg ty Ctth: Stotemwtt of Rett4nmend8d Prn¢Xlce1s8L￿d M 1 Aprti 2005 vtht( l• r•fwr8d to in the oxl•rt rngulolknrffj wlthdrvm. l und•r•t•nd th￿ INS ha8 be￿ In for atsxwtts to and fak 4(>%>rdanrA wlth th• Gen0rnI￿ Attooed A¢o)unthw Pra¢tk• ky pwkndl bgglnrdng or aftar 1 J•nu•ry 2015. I ￿np￿d my ￿•mIrba￿on. I c(th th•t no mallws, other Ih•n trthe fvlty dglalled bth, have to accountlng wern nol k•pt In 18sp•ct olts Ch ￿ rewtr•d by se(lfm 130 ofthe 2011 Art or the AC￿￿nts do not ac£¢rd with Ilw rnoxds: counts set out thè Charthes {xyxAmts ond R•[￿9) Regukntion$ 2008 ollr than any requlrement Ihat the •co)unls a Irue l whh Is not a rnatr ConS￿red 8$ part of an independent •xamlnalk)n. unders￿Ing of the a0￿Unts lo be reathod. The matter that has 0)￿ to my Is Ihe my exammion ofts rtwity. Itwas noted that It Is th? in¢ention ofthg Iwstfjes to ThY￿1P dwrAy. A8 detaogd n Note 12 the 8lata))ents ien prepared on a basis +Jther than gJiThJ &)rKem.

INDEPENDENT EXAMINER'S REPORT ICOIITINUEDI FOR THE YEAR EMOED 31 MARCH 2026 Thls report 18 made solety lo lh8 Chwills Truslaes. 8$ a body, In oc£ordan¢e Part 4 of the ChariU8S IAGcounts and R8port81 Regulalions 2008. My work has been undertaken 80 that I miuhl state to tho CharW$ Tw$¢￿$ those matters 1am required to State to them In an Indepentlenl Examinerfs Report and for no other PUWl8e. To the fullost extent pennitted by law, I do not aLwpl or wume r•spon8ibilty lo anyono other than the Charity ond the Ch&rftys Trustegs as a body. for my work or for th18 report. Slgnad: ed: 1411012025 stuart McK8y 8Sc FCA DCI MHAAud6t seryt¢￿ LLP, 6th Floor, 2 London W811 Pkn. EC2Y SAU Pag9 7

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Tolal nd8 2026 Tolal lund• 202S 2025 2024 In￿￿• endoin•nts from: Donatlons In￿sIMOnts 226.000 118,302 118,302 110. 134 Total Incom• and •nO0￿Tr￿n￿ 118J02 225,000 343.302 116,134 Expgndliur• on: R818kng fiJnd# Ch9thable ad¥ltl•8 2,603 212.80S 43,010 48.118 212005 41,900 161, 185 Tgtsl •xp•ndknr• 216,308 43,616 268,923 203,091 N•t lffte0m•ll•xp•ndl￿r•1 bthr• n•t 110•￿)19•1n* on Inv••1M￿l• Net11088eBllg8in$ on Inve8knent 7,0081 111,385 160,813) 14370 180.8131 (80,957) 213,419 10 itst rnov•m•nt In tsnd• 197,001 120,672 23,686 126,462 R•conclll•llon of tsnd•: Tot•1 fund$ brought foAvard Net movem￿1 k) fvnd8 99,127 197,Q061 8,426,M6 120,6T2 6,624.793 23,666 4398,331 126,462 Tol•l fwid• urrt•d fon¥anl 2,121 6,640,238 6.648,369 5,524,793 Th& Statement of FlnanLgal AGUvltto8 indud88 all gglns and losses rocognthl In the year. Tho note8 on pages 10 10 19 frjmi part of th08• ffinandal 8tatomont& Page 8

HARTSWOOD TRUST BALANCE SHEEr AS AT 31 PaARCH 2026 2025 2025 2024 2024 Flxod 485•ts Investments 10 361,037 5,289,777 5,381,637 5,289,777 Curr•nt Dgbtors Cash at bank ond In hand 11 7.875 203,897 249,861 211,772 249,801 Cuft•nt Il•bMItto• Credltorn.. Amounts famlrwj due wtthln or 12 (13,0501 (14,845) 191.712 235,016 T)ll notu••l• 5,648.359 5,524,793 Charlty fund• EndlY￿nent funds Unre8trkaed fund• 13 13 5,425,666 99,127 2,121 Totsl fwid• 5,648,369 5,524.793 The flnen¢*l 8tatoment8 were approved and authorlsod foT18$ue by th• TnMtee8 and S￿ned on ihelr b•h•W by.. K Sutarf• Tnjslee Date.. iJ- lQ-tsLS note8 on pages 10 to 19 fomi part ofthe80 financlal stalemgnt8. Pag8 9

MOTES TO THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31 MARCH 2025 G•n•rnl Informatlon The HartsY•Jod TfLVJt 1$ 8 reglstered Chgrltable IncorpoT8ted Orgarl8akn Ichartty fBg15tered Thjmber 11865821 with the Charity Comm1681on In England and Wal&$. Tho address of the reglstered offlca l& glvan In the Charty lrrf0mia￿0n on pago 1 of those financSol Staternents. Accountlng pollGI•¥ 11 B••l• of pl•￿rItIOn of fln•n¢l•l •tat•m•nt• The finonclal 81atements have been prepared in accordance wlth the Chartbes SORP (FRS 102) - Accounting ond Reportlng by Charltles: Slalemenl ol R9￿MMended Pracdce appllcoblg to tharltlè8 prepa￿n9 thelr 8¢¢ounl$ In gccotd8rTh wlth the Fln8ndal Reporting Stondard appllcable kn thg UK 8nd Republlc of Irel￿d {FRS 102) and the Chri1188 Act 2011. The flnanclg18tatemwrts b•on prepared lo glvg a Irue ond falrf ￿•W and haNp dgparted from the Charfliej IA¢xounts and Report81 Regulallon$ 2008 only lo the exlent requlr•d to p￿de a 'lrue and falrf vl8w. Th1$ d9partur• ha8 Involved foll￿￿ng the Charille8 SORP IFRS 1021 pub118hed in October 2019 rathw than Ihe A￿untIng and Reportlng by ChoriUgs'. Statement of Recommended Prade• effecll¥e from 1 Aprll 21x15 whlch has 81nce been wItt￿rnwn. HArt8wood Tnjsl the definluon of a publlc b￿offt entdy tnd8r FRS 102. Auels IlabtllUgB ar8 Inlti&lty rec¢gr¢lsgd at hlJlork¥l &)8t or tran8actlon valu? UFl888 OtheNth 8tated In th• Teknnt attounllng pollcy. Th• financlal stalernents aro pfopAr•d IrÈ pouThl8 st•rUng whlch h both tho functlonal and pre88ntAilon41 ¢xff•ncy olthe Charlty and are rwnd8d to the neare8t pound. Th• ilgniftcant a(uunllwvJ polifAos opplled In th• pTyraUon of finanejal statements are 801 out bglow. Tlw8• pollct88 have begn ts)n8181ontly appNed to all pertods presenlod unle8s othephl8e Slated. 2.2 Golng conum The flnonGlal statsm¢nts have not been pr￿red on a golno &)ncem b8818. as tho Tru81808 tsrtend to wkndup the charfty and apply for its remov81 from the reg58tgr ofchaiitles in 2025r2026. 13 Incom• JI Incom& bs recA￿nised once the Charfty haB enllil6menl to the Income. it Is probal)la that th• Inojme will be recelved and thg arnount of Income recefvable can be measured rellably. Incomo tax reco¥erabl• In relg14on to Inwtmenl in¢ome Is rewlsed 8t th8 tlmo t￿ knve81ment kncome Es fo￿l¥8b19. P•p 10

HARTWNOOD TRUST NOTES TO THE FINAKCIAL STATEMENTS FOR THE YEAR ENDED 31 niARCH 2026 Accounthig pollcl•¥ (¢onllnuod> 2.4 Expondltsrn ExpendI￿re18 re￿nISed once there 1$ a legal or ￿nstruatI￿ obltgauon lo Iran8f•T •conomle bentfll to a Ihbrd party. it Is probable that a transfer of eeonomlc benefft8 wll be requlrgd In s&ttlem8nt and the amounl of the obltgallon ¢An be measured rnllably. Exw)dtture is dasslfied by 8cU¥ty. Th8 costs of oach adlvlty are mad8 up of the total of dlrect costs and Bh8red costs, Includlng support costs VO￿ In undort4king 0￿h 8divrty. DlreLI ¢￿ts attrd)ut8blo to a slnglg aatt￿ are 8Kocal8d di• to that acuvlty. Shared cost8 vthtth conlrfbuie to more than one 8cIfvIty and 8UPPOrt txsts whtth are nol a￿1b￿labl0 to a slryltt a¢bvty gre apportloned b¢lw¢en those aclfvltle8 on a basls con8181enl wtth the u8e of resource8. Expendlture on ralslng funds Indude8 all 8xp•ndtture In(¥JTh•d by th8 Charlty to rnlw fund$ for charltable puryoses AfKI kndudes Investm￿1 managero)818. Expondmure on chath8bl• 8cilvHlo$18 In¢urrgd on dlredy und8rtakln9 tho ac1M￿ wNch furlhor the CharlV8 obJective8. 88 W8N as 8ny a880l￿ated 6UPPOrt ￿$ts. Grants pAy4bl& are ¢￿ty•d in tho yearwhen the offor 1$ m8d8 except In th088 c8888 where the offer 16 condfttonal. 8uch grnnts bglng reoJgnls¢d 88 expgndtturo w￿n thg Gondlttons attathlng are fvffllled. Grants offered sublect to o)ndRionJ whlch ha4• not be•n m•t al th• year end •r• not￿ ¢ommllmont. bul not acuued as expgndliurn. All èxpendliure18 Indu81¥e of Irrewerable VAT. 2.8 Inve•bNnts Fixed asset Investments arn a form of ffin•ndal InB1￿ment and are Inmlally rK4nlsod 81 thelr trangaouon rnst ond subsequenfy mgaBurèd al Iglr value gtthe Balartce Sh8gt d8tg. unl88$ Ihg V8lug cannol be mea8ur•d rnllabty In whlch ¢as8 tt18 measured at C081 le88 tmpalmenl. Investment galns and losse8. whelher Teallsed or unrtall8ed. are ojfflblned and pre8ènt•d 88 'Galn8llL088O8) on Imiestmgnb. In the St8lefflenl of Flnancial Advlll88. As In￿91￿8ntB are Tgvalued conttnuou81y to f8tr value, no rea118ed or1056es arl88. In￿ltments hgld as a88ets are Shown al ¢y)Jl198B provlston for ImpaI￿onI. 2.6 l>•btorn Trndo and other debtor8 8re reccgnl8ed 91 the settlement amount aftw any trade dhcounl offered. Prepaym8nt8 are valued at thè amount prnpald not of any tradè di8counts due. 2.7 C￿h ot bank and In h￿d Cash at bonk In h8nd Indudes ￿$h and short-19rn1 hlghly tiquld knv8stments w5th a short Ma￿rfty of three months or te88 from date of aGquth or openlng ofthe dep06tt or SIn￿lar aco)unt. Page 11

HARTSNOOD TRUST MOTES TO THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31 MARCH 2028 A¢courbtlng pollclm (conllnuodl 18 U•bUlll•• and provhlon$ LO8blllith are recognlsed when Ihore18 an obltgatlon al tho Balonce She8t date a8 a re8uIt of a past event, It18 probable that a Ironsfer of eL￿noMIc b8nefft wlll be requlred In Sottlemonl. and tho amount of the settlement can b& 08llmatod rellably. LlgbUM88 4re recogn189d 01 thg Jfflount tho1 th• Chorlty antldpate• It wlll p•y to 1ott18 the debt or th8 amount It h•8 reCal￿d a8 advancad paym•rbts for thg good8 orerkn811 mu8t provld•. 19 Flmnclal In•tNm•nl• The Charfty On￿ holds bgslc ftnandal In•trument8. Tho Ilnenclol assets arKI fln4ndAI IIAb11th8 of th• Charlty are as follows: Flxe(108sg1 in¥estsngnt8 - aT• d88¥ffled a8 a baslc lknancm knslrumont are m￿ul•d at tslr value 48 det¥lled In Note 10. Cash at b8nk-18 daMlfied 88 4 b881c Ilnand•l InJlrum•nt oftd h m818urnd al lo￿ vahJ•. L￿bIlItIe8 - accrual8 and other credlm are classffied 88 finondal Inatruments •nd m•#Burad at •morJsed o)8188 detalled In Nole 11. 110 Fund •e¢ounllng General fvnds aro unreBtFlctsd fvnd$ whlch are avaHabl• for al Ihg dl8tr•Uon ot the Tru81ee8 In furt￿rance of the general of the Charfty and whtd) hoN not been d88lgngtgd for other pufF￿$. Kpendable End￿*￿1￿nt fundB represent th08e assets vthl¢h musl btr held pem)anenlly by the Charity bul ¢an be 8pplted on charftabtg aclfvlll88 al Ihg ilscrelion of the Trust￿8. In￿rne 4rf$lng on the endowment funds be used In #¢cfJrdonca wmh the oblects of the Charity and Is Include(l in unrestrided Income. Invostrnenl man89omenl ctsBtS are deducled dlredly from th¢ ¢ndtrwmenl fimd. Inveslmenl Incom8. goin8 ￿dIo$s81 are allocaled to the appmprfats fund. Incibm• fr￿? don•tlo Endowmènt fund• 2026 T4A•l fun(h 2025 Tot41 2024 Don8kns 225,000 226.000 Total 2024 Page 12

HARTSWOOD TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Inv••tsn8rt Incom• Unr••trlctsd funds 2028 Totsl fund• 2025 Totsl 2024 Dmdend InC￿me Interest Incom• 113,691 4.611 113,091 4,611 109,846 6,488 Totsl 202S 118.302 118,302 114134 Total 2024 110,134 116.134 Co•t of ral•lng fund• Unrn•trl¢tsd End¢)¥m￿Tht fund• fvnd• 2028 2020 Tot•1 fund• 2025 Inveslment managgment I￿• Support CO81 allocauon 43,815 43,010 2.003 2.503 43,615 46,111 Unmstrfded Endowmonl 2024 2024 2024 Invoskngnt management Support cost olloc4Uon 39,858 39,858 2,048 2.048 39,858 41,906 Page 13

NOTES TO THE HNANCIAL STATEMENTS FOR THE YEAR EMDED 31 ￿ACH 2020 AnatyMl¥ Ol•xp•ndl￿rn on charliablo xll¥lO•s Grant fvndlng of actlvltl 2025 8upport costs 2025 Tot•1 fundB 2026 Charltable athtios 170.500 42.305 212.8D6 Grant fimolng ol Support Total 2024 2024 2024 124000 36, 185 101.185 Furlhor dethlh on grnnts thg ye•rwt h found In Note 7 to tho a¢￿Vn￿. Furthr d•l•H$ on 8UPPOrt Inowr•d In the y•ar con be found In Note 8 to the aceout)ts. Page 14

HARTSVI(X)D TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Grnnls pAld tg InBtltsrflonB 31 Mar¢h 2026 31 Mar 2024 Prolgcl Soagra$8 CllgnlEorth Amazon Wolth Choose Love London Tho Blg Glve London Hoal Rewlldlng Fromo 35.000 50.000 24000 28.000 26.SlJO Totsl grnnts ￿ld 170,fj00 125,000 Analy•l• of •upport ¢o•t• 31 March 2026 31 Maffjh 2024 Pfof•sBlonal lo•$ G0veMn￿ o)8ts- Indep￿d￿l •x8mln•r8 fees Membernhlp and 8ub8Crtpllon8 Int•rn8t and charo68 Oonallon made 32,180 31.190 4,095 2.639 91 258 s,000 44,80B 38,234 The Charfty has wnployees ond Ihe Tru•t888 arn ￿nS￿ler8d lo ba Iho Key Man8g8m•nt PoThonftel. L)uTlng the yow, no Tru5108s r￿1Ved any rwnuneratton or olhar t￿n0fftl (2024. £NIU. Durkng th? year endgd 31 March 2025. no TruBlee exp8n$88 have bgen incwre(1 (2024- OIIL). Page 15

NOTES TO THE FINAIICIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2026 10. Flx•d •M•t Inve•tm•nl¥ T•)l•l C¢Mltorvaluallon Al 1 Aprfl 2024 Addltlons DIsFwIs Revaluatlons 15.089.T17 1,071.079 11,400,707) (60013> 200,000 2,361 5,289,Tn 1,$73 IIN60,7671 160,813 At 31 Marth 2025 5.149,276 202.381 5.361.637 14•t book valu• At 31 M•rch 2025 5,149,278 202,361 43SI,037 At31 M&rch 2024 5,089,777 2Tr).000 5,289,7n Llsted Investm8r￿S aro man8g8d by Sthrod8r & Co Ltmlted. Sodol InvgBtments are held al c￿1 aro Inv88tsd In the A8L*n$it)n Fund managed by Condull Connect. 11. D•btor• 2026 2024 wlthln on• y￿r Prepaymonts 7,876 7,876 11 Crodltorn: Amounts falllng due wlthln on• y•r 2026 2024 Awual8 15,060 14.845 Page 16

NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEAR EMDED 31 MARCH 2025 Statom•nt offund•- ¢urnnty B4lanu at 31 MaKh 2025 Balance at I April 2024 Gain ILo88ts) Incoyne Expendi￿rn General funds 99,127 11V02 1215J08 2,121 fundB Expondablg endowment fund S,686 224000 {43,615) 1600131 W,238 Totsl offunds 6024,793 343a02 1258,9231 160,8131 $,648,369 During the to 31 March 2021. * expendable el￿0V￿ent thted to the Charity. The endcwment donalb)n consisted of caprfal and Se￿wit[eS. all of vthid) were transfe￿ed d￿edlY into the Ilxed asset Inveslment accounts of Hartswood TrusL The EndowTnfjnl fund is gxpgndable tn nalurg. and is considèrèd lo consist of the value of the Ilxed asset investments, nicludlng the capttal bank aLvJunts, but excluding the income ac￿unts. as inojme generatad on and￿￿nent may be used for the chaii1rf8 general obieds. An addthnal endowment donatton 01 £225.000 was made lo the Charity, further detwls oft*lch can bg found in Nole 15 to the a(￿un Where necessary. funds y￿(1 betransferred to the unvestrthd fund to support thg Charity$ actsthes. Page 17

HARTSYIOOD TRUST NOTes TO THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31 MARCH 2026 11 Statemont (rffundts l¢ontim*d) stst•mont of fvrtds- prloT year Ba18nce al Translers Gginw 31 Ma￿h jnloul (Lossgs) 2024 8818nco 81 l Aprf12023 InGome Expendilure fund8 G8ner81 ￿ndS 21.226 114134 {163.233) 125,th 99.127 Endowm•nt funds ¥pendable 8ndwngrtfund 5,377,105 (39.858) (125,oco) 213,419 1424666 T¢)tsl of funds 5,398,331 116. 134 (203,091) 213,419 &524.793 1& An•fy8i• of n•tas¥•ts btstw•en fvnd• AnAly•lJ of R•t beiween fvnd8.¢urnntythr Total fvnd8 2025 funds 2026 funds 2025 Flxed ass8t inve81ment8 cU￿Trt ass8ts credito￿ due wthin one year 5.351,637 15.334,4e6) 5,546.238 (15.050) 5.3S1,637 211.7n {15.OSOI Total 2.121 5.546238 4548J59 Page 18

NOTES TO ThE FINANCIAL STATEMEKf8 FOR THE YEAR ENDED 31 K4RCH 2025 14 AMly•ls of n•t ••••ts b9(￿n lund¥ l¢onOnued) Anafy81• of nrta•••ts lJolw•on fi•nd•. prfor y•ar Total fvnds 2024 und8 2024 2024 5289,777 4289,777 135,889 249.881 (14.845) Current a88et8 cred110￿ du• vAthln on• 113,972 (14,845) Totsl 99,127 4424606 4524,793 1& R•lAted yrty tr•nM¢Uon• Durlng the ￿11, an exp8ndablo •ndvwm8nl donakn d £220,0(X) (2024 - £NILJ w•8 donatsd to tha Charlty by the ￿tAl$ ofthe101g Mr and Mrn MB Sutarfa who aro f8mlly membern of Tru8lee8. Goods and lerykes vrith 8 tot41 ¢osl of £1,839 (2024- £1,858) ww• al•0 pjld on b8h8if of Ihe Ch8rfty by K Sularfa, a TNst••. Th• v8lug ofthoeo good8 arKI 9•r￿￿O ha8 be•n fvlty r•lmbur•ed duthg the year. Pog8 19