REGISTERED CHARfry NUMBER: 1205056 REPORT OF THE TRusfEES AND FINANCIAL sfATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2025 FOR SAINT JOHN'S TRU￿ CHICHEsfER Lewis Brownlee lthich¢ster) Limited Chartered Accountants Ap￿ed￿M &rns girdham Road Chichester Wast Sussex P02D 7EQ SAiwf JOHN'S TRUST CHICHEsfER CONTEF¥fS OF THE FINANCIAL sfATEMEKrs FOR THE YEAR ENDED 31 DEc￿BE￿ 2025 Page Report of tho Trustees I to 3 IndeperKlent Examiner'$ Report statement of Finanaal Activities 8alan* StRet Notes to the Financial Statements 7 to 12 tktailed Ststement of Finanaal Artivities 13 SAINT JOHN'S TRUST CHICHESFER REPORT OF THE TRu￿EEs FOR THE YEAR ENDED 31 DECEMB&i 2025 truste￿ pre*nt their reF¥)rt with the financial statements of the charty for the year ￿dea 31 December 2025. The tru*e* have alopted the provigons of Accounting and Rq)OTtr,rYJ ty char￿"e%: 5tstement of Recommended Prathce applicable tr> charitse5 preparing thar accounts in accordance wth the Financial Reporting 5tsn(krd applicable in the UK nd Republic of Irdand (F￿ 102) (effettive l January 2019). OBJEcfIvES AND ACt]VThIES Obiecttves and aims The objects of the Charity, as defin&f in the ConstttrtK)n dated 12 May 2023 a￿.. to further the rdigious and otr*r charitsble work of the Church of Éngknd ill the ecclesiasbcal parpsh@s and xtra-paroch￿l area of: . St Pancras and % John, (hichester. st wi￿rid; - Whyke, St Ga)rge with Rumboldswyke, St Mary and Portfield, &ints; - The Cathedral Church of the Holy tiinty, Chichester and ts Close. Public benefit The Trustees conflrm that they have paid due regard tr> the rel￿nt seLtions of the Charities Att 2011 and The tharity COM￿s￿on guidan￿ on public benefit and the limtstiors impDsed by the Chartty's Cc>nstitution in deciding what activfaes the Charity should sUPPOrt. Whilst the Choi￿ of actvities if limited by geogTrphical area, and the requirement to support the work of The Church of England this does albw the Trust to make Grants in supp)rt of a wide range of activities which tan benefft a ￿de s&tion of the public. Grantmakiny The foll0v￿ng grants ￿ve bew paid in 2025.. Confide Counselling: ￿,000 - Grant continue5 until April 2028 - HEART.. £7,OOD- Grant continues until Nov8nber 2026 - Pregnanq Options: £5,000 - GTrnt continues until TrknvemLv 2026 - Cathedral TrL4 youth oUtr￿ch. £6,000 - Grant continues until July 2027 St Geory¢s youth worker.. £5,000- Grant continues until Cktoter 2027. In light of the agreed programme of G￿nt maknng1£26,0(￿p3), and the c05t of ￿pair work to the Hall, the Trust assessed that there was no more capacity kn make add￿onal Gtsnts in the immedpte fvture. This Fosition is reviewed at each quarttrty Trusiee meeting. Property The Trust has t￿ propety inter*.. 62 Swanfietd Drive, Chlchester, P019 6TD, Land Registry No". WSX 147582. Thi* propety is jointly ownsj with the PCC of the parish of SL Pancras a￿1 St John, and in the custodianship of the Chichester Db)c¥an Fund an¢ Board of Finance. Day to thy mar￿gernent of the property liÈ5 with trÈ St Pancffjs PCC. The property is currentty let to a private tenant wh￿e CiicuFrthnC￿ al￿￿ with the objthes of the Trust. After expenses the rental income is shared eqLElly by the Trust and the PCC st John, Church Hall, St Johns Street Chichester P019 lu￿ Registry No. WSX319226. The Hall arxl the grounds surrounding the Grade I listed St John's Chapel are owned by the TrusL At pre*rt the Land Registy still Identify the owners a5 previous Trust*s of the old charity 298111. This is being reg)Ived. The Hall ha5 been empty for the entire year. A pmgramme of work to repair and pr2*rve the building has started; cotnpl&ion has b￿Tr delayed followir¥J challenges with ward to reouired planning p-rrNl￿IOTrs as the Hall is within the curtilage of the Chapel. Those issues tr￿ve b*n resolved, and it ￿ &Y1>ett￿ thai building work will completed ty May 2026. The intention ttien is ts let the Nall to a suitable ten￿l Page I SAINTJOHN'S TRusf CHICHESTER REp(￿r OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 FINANCIAL REVIEW Finanoal position Income arising in the p￿[0d amounted to £49,429 {2024.' £33,510) arvj expenrf1￿re amounted to £73,829 (2024-. £40,268). Net gain on investrnents amounted to £51,651 {2024.. ￿0,240> and gains on revaluat￿n of fixed assets amounted to £16,788 (2024: nil). Totsl funds hdd at 31 D￿ernber 2025 were £1,759,45212024= £1,075,5631- Investment policy and objectives - ￿￿nge from JM Finn to Trirtity Bridge Funds invested a wide spread of p)rtfolio wth a medium appetite Using C of E approath to ethical investing - obl￿*ve for 2026 is to grow the c3Pit31 inve*ed to r￿Ver cust of building work at the hall. Reser¥es policy at 31 December 2025 the Trust had free reserv￿ totslling £115,270. The rewrfes have been increased from the levd at 31 D￿ember 2024 to erGure funds are immedvately available to ￿Ver costs of building work and a&0 to ensure fund5 sufficient to cover 2 years expenditure in the event of a 5ignific6rt drop in incoTTE from the invethent porttolio. FUTURE PLANS Plans for 2026 incI￿Je.. Completing rerv)vatiDn and ￿￿Kir work on Hall and then ktknng the Hall to a suitable tenant CDmpleting transfer of the properties to the Cto and dosing the old St John's Trust Chich*er cha17ty No:298111 Providing fijnds are availa￿e. rÈroMMen￿ the pr￿5 for maknng Grants to Oryani￿tionS wh)se OFErations meet the defin￿ objectives of the TrusL RUCTUR4 GOVERNANCE AND MANAGEMENT GoverniThJ document The TnEt was registued on 12 May 2023 as a Charitsble Irtcorporated Organisation (CIO) undw the FouThlation model. The Trust is controlled by ts governing document. REFERENCE AND ADMINISTRATIVE DEfAILS Re9iStered Charity number 1203056 Prinapal address CathedTrl Office The Royal Chantry Cathedral Clolsters Chichester W&¢t Sus P019 IPX Trustees R Ashtiy (re9gned 7nl2025) M Heald Cjam R ￿d￿ (res¥gned 131812025) V Leslie A kicluna (resigned 1717120251 N Wainwright Ms B Condron {appolnted 1011112025) Rev E M Collins Ip4)pointed 2511112025) Ms J Kondabeka laprKJint81 LI612025) Page 2 SAINf JOHN'S TRusf cHIcH￿ER REPORT OF ThE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 REFERENCE AND ADMINIsfRATniE DEfAILS IndÈpÈndent Examiner Sarah ￿ly3nder FCCA F(A Lewis Brownlee Ichthester) Llrft￿ed Chartered Accountants Apple(*am Bary BIrd￿￿M Road ChKhester West Sussex P020 7EQ Clerk D Ford Administration Addre55 65 Worcester RDad Chichest West Su P019 SEB Bankers CAF Bank Ltd 25 ￿ngS Hill Avenue West Malli Kent ME19 4JQ Investment Advisors Trinity Bridge Wigmore Yard 42 Wigmore Street Lor￿On Wiu 2RY All Corresponden￿ r￿rdIng the administratlon ofthe Charty should i￿ sent to the Admin￿tratIon address. Approved by order of the l)Dard of trus￿ on .......... . and signed on tts tehalf ty.. C Jarnes- Tru&ee Page 3 rNDEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF SAINfJoHN'S TRusf CHIaiE¥fER Independent Èxaminer's report to the trustees of Saintjohn's Trust Chich05ter I rewrt to the charity trus￿ on my examinatr.on of the accounts of Saint Jtshn's TFUSt ch￿h￿￿ (the Trust) for the year ended 31 December 2025. Responsibilities and basis of report As c￿rity trusks of the Trust are rew￿l￿e for the prepaTrtion of the accounts in accordawe wfch the requirements Of the Cha￿￿ Act 2011 ('the Act.). I report in re5pett of my examination of the Trust's accounts carried out under Section 145 of the Act arxl in carryirKJ out my thmination I have followed all aprAicable Dir¥tion5 gNen by the tharity Commis&on under Settion 145Q51{b) of the Independent examiner's ststèment I have completed my eKamination. I confirm that no mdterial matters have come tD my attentron in conn&*ion with the examination gi￿1ng me cause to bdieve that in any matertal respect.. a￿Ounting rec￿￿5 were not kept in r¥ett of thè Trust asr￿ulred by SeLtion 130 of the Act,. or the accounts do not accord with those records,. or the accounts do not (Dmply ￿th the applicable requirements Con￿MIng the ft>rm and content of accounts out in the Charities {Accounts Rep)￿) R￿UlatiOnS 2008 other than any requirement that the accou51ts give a true and fair ￿leW which a mattw consider8J as part of an independent examinatk)n. I have no cC￿￿￿S and have come across no oth¥ mattery in conrEthon wth the wmination to which atteniion should LE drawn in this report in order to enable a propLr understanding of the accounts to be reached. r8hA exan er Lewis Brownlee (Chichester) Lirn￿ed Chartered Accountsnts Appledram Barns BirdE￿￿ Road (Jichester Sus*x P020 7EQ D3te'. Page 4 SAINT JOHN'S TRUST CHICHEsfER ATEMENT OF FINANCIAL AcrIvrtlES FOR TrIE YEAR ENDED 31 DECEMBER 2025 2025 Unr85tricted fund Total funds 2024 Notes INCOME AND ENDOWI4ENfs FROM Do￿tiOnS and lejaci 3,000 40 Investment Income 33,470 Total 49.429 EXPENDrruRE ON Raising fund5 5,574 4,814 ChaYitat4e activities Religious Cthritable Work of the Church of England 68,255 35,454 Totsi 40,268 Net gains on investments 30,24Q NEY INCOME Other recognised gaiAsl(losses) Gains on re￿luatIon of fixed assets Transfers from St J)hn's Trust, Chichester 27,251 23,482 16,788 639 850 Net movement in funds 683.889 65,298 RECONCILIATION OF FUNDS Totrl fuThJs brought forward 1,075,563 1,010,265 TOTAL FUNDS CARRIED FORWARD 1759 452 1075 563 The Ststement of Finan¢ial Activiti￿ i￿ludeS ajl gains and low recognised in the year. The notes fomi part of th￿e financial statements Page 5 SAINT JOHN'S TRusf CHICHEsfER BALANCE SHE 31 DECEMBER 2025 2025 Unrestricted fund Totsl funds 2024 Notss FIXED ASSErs Tangible assets InV￿tments 656.638 io 1032 528 L644,182 1,032,528 CURRENT ASSErs sh in tr￿nd 119,463 45,435 CREDrroRS Arnounts falling due wthin one year li {4,193) (2,400) NEf CURRENT ASSErs 115,270 43,035 TOTAL AssEfs LESS CURRENT LIA8ILfnES 1,759h52 1,075,563 NET ASSErs 1759 452 1,075,563 FUNOS Unrestric￿$ funds 12 1,759.452 1075 563 TOTAL FUNDS 1 759 452 1075 563 The financial 5tstements were approved by the Board of Trusw and authorised for issue on and were signed on ts behalf by.. C JaM￿- TnJ51ee The fom part of these financkil statement5 Page 6 SAINT JOHN'S TRUST CHICHEsfER NOTES TO THE FINANCIAL SrAT￿ENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTJNG POLICIES Basis of preparlng the financial statements The financial ststements of the th?rity, which is a public benefrt entity under FRS 102, have been wepar& in accordance with the Charities SORP IFRS 102) 'AccountirYJ and Reporting by Charib"e5: Statement Df Recommended P￿8¢￿Ce apFIic3ble to chariti& preparing their accounts in a¢than￿ wrf(h the Fnanciol RetN)rt¢ng Standard applKable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Finarrial RerK>rting Standard 102 'The Fina￿131 Repo￿n9 Standard applicable in the UK and RepU￿1C of Irdand, and the Charities Act 2011. The fi￿ntial statements have been prepared under the historical cost convention, wth the exceptic>n of investments which are included at market valuè, a5 mcéified by the revaluation of certain assets. The financial ststements a￿ prepared in sterling, which is the functional currency of the Charity. Monetary amounts in the* finarKial statements are rounded to the rearest tyund. F5nancial reporting stsndard 102 - reduced disdosure exemptions The charity has tsken advantsge of tkE following disclosure exemption in wepartng th*e financial State￿￿nts, as pertnitred by FRS 102 Tre financial Reporbng Standard opplicable in the UK and Republic of Irdand,: the requirements of Section 7 *dtement of C￿h flows. Income l income is recognised in the Statement of Finanaal Actii4ties On￿ the charity entiuemert ts) the fvnds, (c is pmbable that the income wli I te réteived and the amount can be measured rellably. Expendtiure a￿"lIties are recognised * expenditure as soon as tr£re is 8 legal or constructive obligation comm¥tbng the charity to that exFenditure, ￿ is probable that a transfer of econornic beJ)efits will be required in setuement and the amount of the obligation on be measured reliably. Exp*Kfiture is aouunt& for on an accruaJ5 bags and has been classified Und￿ headiThJs thèt aggregate all cost retated to the category. Wher& costs cannot Le direcuy attributed to particular headings they have all(￿ated to actiwties on a basis Consstent wth the of resour￿. Grants offered subject to corKJitKJns whith have not been met at the year etxj date are noted as a commthent but not accrued as expénditur Raising funds Costs of generating funds c(Thprise those costs direttty attril￿trb1e to publicisng the Charty. Charitable acti￿￿e$ Re9)urces expended on the chaTttabl¢ acbvTties of the TTUSt include the direct CC6tS Df grants made. Freehold property Tho Charity has to de￿rt from the Ch￿tieS SOFTr and hold its properties under the rèvaluation model. Properbes are initially r￿niSed at cost and subsequendy revalued. Valuatiors have been derived for these a55ets as shown below". 62 Swanfield Drwe, Chichester (half share) - an informal ￿￿luatIon by a surveyor Hall- insured value The par￿h obtained an infomJal SUTvey of 62 Swanfiel(J Drwe before the property transferred tti the CIO, which forms the basis for the 2025 figures vA)ich the corGKler to te satisfactory. The Hall is now man2ge6 by the Trust and a progrdrnme of repair and r￿Ordt￿)n work ha5 5tsrted. It is deem& appropriate to reflett the Hall at its insured value due to the nature of the property and the lack of alternative intsrnation avaiLab￿. Professonal continues to be tsken in that regard. £sets purchased with an initlal cost exceeding £500 a￿ cap￿alised. Page 7 continued... SAINTJOHN'S TRusf CHECHEsfER NOTES TO THE FINANCtAL sfATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLIUES- continued Depraciation Land is not depr￿lated. No depr￿￿trOn is provided on fr*hold property as are maintained in reasonable repair and it is conside￿d thèt reydual waluts are swth that depreciation 15 not ggnifi(anL The requirement to complete an impaimient review is undertaken annu311y. Listed investments sted investsnents are measured initially at cost and subsequendy at ftir valLE. The Ststement of FirErrial Acbwties indudes the net gains and losses ari%ng on r¢valuats"uns and dispo￿15 thrDLJghout the year. Financial Ir￿UMents The Charity only ha5 fina￿la1 assets and fillannfide Counsdling Chich&ter HEART for Homel Pregrorry Options Chiche*r &thedTrl Resroration & DevelopmentTrF& CIO St George's Youth w0￿￿r 2,400 5,000 5,0 6,000 5,0(X) 2,4(X) 1,200 4,50D 5,OOD Page 12 SAINT JOHN'S TRusf CHICHESfER DEfAELED ￿ATEMENT OF FINANC￿ AcmThes FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 INCOME AND ENDOWMETr¥rs Donations and legaries Gifts Grants 40 3,000 3,000 40 Investsnent In¢¢me Rerts recewed Inves1ment income Deposlt account inter* 40,061 32,771 699 46A29 33,470 Total incoming resourc 49A29 33,510 EXPENDITURE Raising donations and legaoes Investh)ent mènagement fees 5,574 4,814 Charitable aLtivtfies Insurance Repairs arKI maintenan Profesgornal fees Grants to instibjtions I098 37,384 1,668 1,347 1,360 65882 29,475 Suppr)rt costs Management Other costs aerk's honorariurn Bank charg 613 537 2,250 60 673 2,847 Governan￿ costs Independent examinevs fee loo 3.132 Totsl re￿urCeS expended 40,268 Net expenditure LEfDre gains and losses (24,400) (6,7581 Realised recognised gains and Irjssos Realised gainsJ(losw) on fixed asset investments 23 1411 Net incomel(expondlture) This page dts￿ not form part of the ststutory financial statements Page 13