REGISTERED cHAR￿y NUMBER." 1186838 Hope Pastures Horse & Donkey Rescue and Welfare Trading as Hope Pastures Report of the Trustees and Financial Statements Year Ended 31 December 2025 SMH Jolliffe Cork Ltd Accountants & Business Advisors 33 GeoTge Street Wakefield West Yorkshire WFI ILX Hope P35ture5 Horse & Donkey Rescu¢ and Welfgre Tridlng gs Hope Pastures Contents of the Financial Statements for the Year EDded 31 De¢ember 2025 Page Report of the Trustees Independtnt E%•miner's Report St•¢¢ment of Flnanelal Ac¢ivities Baianee Shett Note5 to the Financial Statements Det4il¢d StY4tement of Financial Activities 15 Hope Pasture5 Horse & Donkey Rescue nd Welfare Trading 8s Hope Pastures Rewbrt of th¢ Trustees for the Year Ended 31 Decernber 2025 The trustees present their report with the financial statements of the charity for the year etLd¢d 31 December 2025. The trustees hav¢ adopted the prowsions of Accounting and R¢porting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial RctK)rting Standard applicable in the UK and Republic of Ireland (FRS 102) (effe¢tive l January 2019). OBJECTIVES AND AcfiviTIES Objeetives and aims Hope P&stures Horse and Donkey Res¢ue and Welfare (Hope Pastures) is an independent horse. pony and donkey sanctuary. The charity's mission is to rescue. rehabilitate and rehome horses. ponies and donkeys, with the aim of providing each arti￿#1 with a safe. fulfilling lif¢ in a pemlanent home where possible. Hope Pastures is open to the public six days a week and is free to visit. The charity ha5 the ¢apa¢ity to care for up to 30 anima15 on site and is responsible for the welfare of over 100 horse5, ponies and donkeys living ID loan homes. all of which receive ongoing support and monitoring. In 2025, the charity.. Res¢ued 31 welfare horses. securing Safe placement either on site orwith partner charities - Rthotned 26 horses from the site into long-temi loan homes Alongside on-site care, the welfare team provides advice and support to horse owners wiihin the local community and responds to public reports of negle¢ted equine5. The charity works alongsid¢ oiher welfare organisations with statutory powers to s¢iz¢ animals. DuTing 2025. Hope Pastures attended to ov¢r 120 welfare ca￿S in the community. Hope Pastures also provides educational opportuniti¢s for the local community. Its inner-city location allows peopl¢ who may not otherwise encounter horses or donkeys to learn about equine welfare. Educational visits have been provided for schools. children's groups and sllpport OTganLsations. Public benefit The Trustees hav¢ had due regard to The Charity Commission's guidance on public benefiL The ¢harity's activities provide clear public benefit through.. The rescue, rehabilitation and rehoming of vuln¢￿￿le equines Free public access to th¢ site Education￿ engag¢ment with s¢hools and community groups Emotional and well-beitlg benefits for Yisitors Objective5 for the Year During 2025. the charity aimed to= l. Rescue and rehabilitate vulnerable equines and. where appropriate, place them into long.temj loan home5 2. Advan¢e equine welfaTe through rescue. support and education 3. Provide free acce5S to the 51te for all members of the Community The Tru5tee5 are satisfied thai these objectives were Enet. Hope Pastures Horse & Donkey R¢scu¢ and Welfare TradÉDg as Hope Pastures Report of the Trustees for the Year Endtd 31 De¢emb¢r 2025 ACHIEVEMENTS AND PERFORMANCE Achi¢v¢m¢n¢ PerformaThee Fundraising and Events During 2025, fundraising actsvity included.. Summer and Autumn Fayres A Craft Fayre A live musi¢ event A fashion show A Summer Prize Draw A IOOClub The sale of pet w)rtraits donated by a volunteer Communsty fundraising sialls, including partnerships Wlth Pets at Home Car boot sales Information talks and demonstrations New regular giving scheme5 were introduced. including Wat¢h Me Grow and Rehab-Rehome. Smaller. personal experien¢¢s, su¢h a5 A Day at Hope Pastures, birthday parties, Meet the Donkeys, and Hope Pastures Experiences. continued to be popular and generated £8,706 irt revenue. Site Developm¢nt And Improvements An independent audit commissioned in 2023 continued to guide sile d¢velopment durin8 2025. focusing on health and safety, visitor experien¢e and equine welfare. Key improvements during the year intlud¢d.. Re-fencing of the site perimeter adjacent to the rirtg road to improve equine safety Rebuilding and re-signage of the site entrance Completion of the reroofing of rhe barn and repair of the gable end. Re-roofjng of two large field sheliers with support from corpordle partner5 The Trustees ¢onsider these improvemcnts esstntial to long-temi equine welfare and visitor safety. Grgnts Grants received during 2025 in¢luded- P¢t5 at Home Foundation.. £25,044 The restricted grant supported vderinary wsts, utility bills. maintenance, and equipment Keiih Howard Foundation.. £5,000 Linden Chariiable Tnjst.. £1,000 Some Trusts who wanted to remain anonymous We used th¢ unT¢Stricted grants to cover guttural pou¢h washes, farriery, dentistry. and bl￿d profiling. Hope Pastures Horse & Donkey Reseue and WeIf2re Trading As Hop¢ Pastures Report of the Trustees for the Year Ended 31 December 2025 Visitor Centre And Trgding Ineome The Vi51tor Centre, run entirely by volunteers. continued to perform well. li sells refreshments and pre-lov¢d goods and provides a w¢l¢oming space for families. Income from sales ir)¢rea5ed by £7.426 compared with the previous year. The Ta¢k Rummage Room rematns the charity's n)ost significant trading income stream. Following relwation and expansion in 2024. sales increased again in 2025 by £12.456. bringing total tack sales to £45.993. Trgining gnd Staff Development In 2025.. Senior staff atld yard staff attended equine first-aid training One-to-ont management mentoring was provided for a member of the senior staff Pgr¢n¢r5bips The charity continued to benefit from stron8 partn¢rships, in¢lu4ing'. BTlt15h Horse Fceds and Spillers (feed vouchers and promotional support) Pets at Home Foundation (fundraisin& donations and voucher lifeline5} Blue Barn (cvellt swnsorship) - Marks & S￿ncer While Rose, whi¢h selected Hope Pa5ture5 85 its chariry partner for 2026. Community En￿geMent #nd Recognition Working with the Univcrsity of Lceds, the charity ¢xplored future joint Ènitiative5 in biodiversity, sus¢ainability, and marketing. HO￿ Pastures received a Gold Award in the Yorkshsre in Bloom competition. Judges praised The site's accessibility, planting. envirorlmental practices and visitor ¢xp¢rien¢e. FINANCIAL REVJEW Financial p051tion The chaTity rccorded a deficit of £381 for th¢ year ended 31 Decetnber 2025. Legacy income r¢mains unpredictable. In 2025, legacie5 totalled £97,041. Grant income intreased to £31.544, supporting welfare and infvastru¢ture improvements. Veterinary and therapy Costs were £37,154, lower than in 2024 despite a high intake level. Wage costs in¢reas¢d due to a government-led hourly rate increase. however, overall staffrng costs were lower than in 2024 as Sta￿￿ng hours decreased. Reserves policy The Trustee5 aim to maintain sufficient reserves to meet oi]going running costs should income fall significantly. As at 31 December 2025, investment reserves totallcd £174.506, equivalent to approximaiely 6 ￿onthS of operating costs. Hope Pastures Horse & Donkey Rescu¢ and Welfare Trgding as Hope Pastures Report of the Trustees for the Year Ended 31 Dttember 2025 FUTURE PLANS The ¢hariry's medium-terjn priorities are to.. Maintain financial sustsinability Continue rescuing and rehabilitating equines within capacity Control costs while maintainittg high welfare standards Grow regular giving ond supporter engag£￿ellt - Broaden community reach through new activities Strengthen relationships with local businesses and parttL¢rs Build upon our successful social media strategy to raise awareThes5 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The accounts accompanying this report are the accounts of Hope Pastures Horse & Donkey Rescue and Welfare CIO, a charity registered on 9 December 2019, Charity Registration No. 1186838. The Charity is governed by a Foundatio Constitution, dated 9 Decemb¢T 2019. Background Founded in 1974 as The Phyllis Horvey Horse & Donkey Trusi, the charity was re-established by the current Trustees in 2004. lij 2024. all the assets, liabilities and activities frotn The Phyllis Harvey Horse & Donkey Trust, were transferred to Hope Pastures Horse & Donkey Rescue and Welfare. The foTmer Charity will fomally c105e once all administrative matters are completed. Trustees The chartty is govemed by three Trustees wsth a range of skills and experience. Two are founding Twstees, and one has been post for two year5. The charity is not ¢utrently recruiting additional Trustees. Risk management The PTin¢ipal risks r¢main risin8 costs and uncertainty in legacy income. Trustees actively monitor these risk5 through regular financial oversithi. In response to financial prc55ures identifled in 2024, intake numbers were reduced in 2025, and staffJn8 levels were r¢vi¢wed_ These actions contributed to financial recovery following losses incurred in 2023. The Trustees have also developed a six-month wind-down plan to etksure animal w¢lfare and legal obligations could be met should financial conditions deteriorace. REFERENCE AND ADMINISTRATIVE DETAILS Registered Chwrity number 1186838 Principal addr¢s5 Hope Pastures Weetwood Lane Leed5 West Yorkshire LS16 SPH Hope Pastures Horse & Donkey Reseut and Welfare TTading as Hope Pastures Report of the Trustees for the Ye4r Endd 31 December 2025 Tru5tee5 ARWort L F Gawthorpe J Tiffany (appointed 12.1.2025) Independent Ex%Jniner SMH Jolliffe Cork Lid Accountants & Business Advisors 33 George Street Wakefield West YoA