REGISTERED CYARrrY NUMBEIL. 1203811 REPORT (* THE IRusfEES Ala) FINANCIAL sfATF4E14TS FOR THE YEAR ENDED 31 MARCH 2025 FOR ThE DAISIE TRL Lth¥ts (Chkhethr) timited AFOetham Bar16 Birdham Rc*d Ff120 7EQ FOR TrIE YEAR EPIDED 31144RCH 2025 Pag• Rewxt Trwte I to 7 Rep￿t of thtt Ind•peNknt Audltcn 8 to 9 statement 0¢ Flrnindal AdMtI io Bal•no SIMt li Ca•h Fl¢Yw Statsmrt 12 Note8 tr*th• Cash Fl(AV 13 14 to 20 21 to 22 THE DAISIE RI(>1 TRisr REPORT ￿ ThETRUSTEES FOR ThE YEAR EM)&131 MARQI 2025 The tru*ees of Tr EoL* Rkth Tru* pwrt t￿1r knual ReFth ALKlited RroThial &aternents fr)r the year e￿ed 31 March 2025. The fina￿al *atwI￿lts vmth trE (tsribes PLt 2011, the cC￿&￿￿tI)n of the Charity and the WOVision5 of knourrting arKI RewrbNJ by Charitits: statem￿ Prnctice, app¥Cab￿ to c￿lritIeS preparlng t￿r accounts In accordarKe FThrKial RepJb"TrJ &ardard aF*abk in the UK and Republk of ]relar￿ IFRS 102) leffeLtive l Jan￿ry 20191. The Dal￿e Rlch Tru# Mos ￿¥jI￿lY a V411 Tru* sd up v+fth the fiTr31 V4111 of Wlnlfred Daige Rich, vtho d￿￿ in 1955. (R￿lStered I￿#￿ty M. 2367C6.1 In 2023, folk)wirKJ an extenthe aTrJ after cowtsti(M) Yith Tr￿*$ kxDfesslJnal ath"ws, the Trustees made the decL%lon to tl* Iwjal enuty of tt* TrtLSt an U￿no￿F¢￿th cha￿a￿le iTu* to a CharIta￿e InCorFofd￿l Organlsation Icto). The new Cto was lrt(xpJrated on 3Cth jur￿ 2023 aTrJ ak(ated a rEw RwJi*ered Chartty ￿. 1203811. assets w&e trnnsfwr•J fnyn to tsE re￿ ao on 5th Cttober 2023. Th15 cont￿[¥Yary lèpl *r￿re the Tw* gr6iter prot&tbn aTrJ Ilex1￿lty to Its firture chartstt4e obJ&tfves. ObieLts The th￿￿trAe cèJ'Lxts of the Tru* In xc(rdatte Cc•￿t￿)ft are: Fcrf the publr benefft,. (a) The rdef of ￿¥￿ty grartir8 olannuw alknlonts to 9xh of the rer50rts frIk?￿ry as are or sttall be n￿essItc￿S and de5eMro Tr￿ndy pe￿rts hwe been In t￿ ￿npkn￿nt of Upward & Rth Lbmtsd and the vlfe vld)w, hu*and wthY￿r, thlkjren, pamts or txher d￿nd￿ts ￿ any Fef9)n ha5 t*en h1n￿f ￿ hwsdf a memter crf the dassof Benefi￿e5. aThJ (bl To lurthtr thorltsble are charttatle uTrJer the L)w of ErolaThJ ard Wdleg, by nNikJrrfJ grnnts and donaik)ns to s￿h ot￿r ¢h#ritstrAe trLsts or fknr dYAtth entths or crther ¢xgJnL*thJns In thd) case for the Èenefft of the Ile of Whjht re￿nt Alm8 The TrLSt further5 its tharknble purp)se5, fcf KKt4r terf thnigh Its grart nI3kiThJ p)liq which aims at ￿lL8￿n9 gjrplus net annval irtcfne to pro%hJe to the J4e of C￿nMunty, ttro(gh grarts and donau0￿. The trustees confim) that ty have referred to the a¥3rty gewal gu￿￿a￿e on pxjblk ba￿ when revlewlrvJ akns aTrJ owyves, In F4anr4r(J f￿e thties, scttlTrJ ￿ grart makJThJ pjly for the Stratag To create constsnt and ststrAe of Irm wthlL* IxwthJ real value of In¥Ethert& To malntaln and minimise the Tru￿5 co*s. To ￿ bnrM)va￿ve In ow apprc47th to the thaiitabk ne&ts ofthe oNr*)wW. Publlc beneflt The charft.es Act 2011 1ntrtsJ￿d an oNvanthlro put4t t*nefft test thth. The guK1arTh makes it d&r that wh3t ttrtes the publ* ￿11 vary deFen¢Jng UFon Okirty's pwpcGes and can i￿ude teneftiaries ¢kfined by gwgraphical area. Any restr￿th￿ must te rat¥)nal, aTh1 j￿fiab￿ Tr tru*ees have pakl dfft regard to the Charty Comlthn guidan￿ arKI are *ti5fial tlwt wlile the tharity has a narrThy 9￿yjraph￿al re￿lIct￿)n, rts objects and ￿]VibeS are SUf￿n￿y %￿le to cor6tytute a tenefft in th3t tl* grants nwde are for the be￿fft of a wlde sectfjon ofthe put4K Sn p)JraFlk4 aw and on ljw incorres do ber￿fft from 0*￿tYS &tiMties. Page I THE DAISIE RI(Y TRLIST REpoKf (￿1HE TRUSTEES FOR THE YEAR ENDED 31 MAR(X 2025 Grantmaknng pollcy The Tr￿t will only f￿1 wol&ts, ￿tm16eS that a￿ extluthdy charttable, ¥￿In its Obft(ts, m&t its crf(erta. After satiS￿r0 its primary (X)je(t (al, the remainirrfJ gJrAu5 ftjnds are dI￿ded amtsryst fNe Ik*nated sectrs in order that the ]4e ofW￿** Cl￿n￿￿Y (an In aCcOrda￿e vAth ObJ&t (b}. The areas that fcThi ￿ slnKtse fr)r oYgardslThJ tI￿se dc¥*bns aThJ grarts are: . Youth - Health Welfare - to the Crnunty - Art4 Ojlture EnMr(M)ment The Trust accepts applkatk)ns frcm chafftth tw*s cther charl3t4e entitles or Or￿n￿a￿onS wth tharita￿e alms, for specific purrt6es aTrJ propts a￿1/ tr fcf generdl runniNJ (D5ts. Each aF¥taikn Is ¢c￿￿dered on merlts on a case by case the aTh￿Urrt$ grnn￿ ￿dry. Throwh netvtsknThJ, the tru*ees alw Idertify make approaches to Fotsn#al ￿ll*￿t& The trLStees am to Irwest in the ccxnrwnty and to provhle ￿tC{lI* furxllng. Feedbad( Is sought In order to ny)n￿r and r￿S￿P t￿ ￿e*u1 ￿tcrrn of ary Ir￿u￿n9 *atistic4 data and Informal refaknTrJ to the of ￿PIe have benefiiwj. It Is the Tn&s lrtwrtK*n to &Jd Listlng, rrwsurable to ts redklents, wlth a th to t￿ ath￿Ing knng-tem f.suffle￿v. It al￿ aims to maintsin fvTrJing corttnLityto Is ￿[￿rts, wt*n aFproprtate. Investrnents and grarts are urnSEr ￿￿lJn￿l I￿leW trustee5 Igyl. xxjal, en￿wnMents1 and etNcal conslderaUoTts are tsken Irio xoxjr THE DAISIE RIai TRI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCX 2025 ACHIEVEMENT Afa) PERFoR￿E Slgnificant aLtr•itles The Tr(￿ gJcres5fthly fu￿dIed tts ￿an￿￿ prcrfjr￿, makir¥J gTrrts tctsllirYJ £133,575 duiing yew. Thks was made up of grants to ex-emfv of £21,9(X) arKJ (rttv warate th)nab"or6 ar￿U￿.ng to £111,675 as 14umbw alseparat• donation5 aw￿1 17 15 12 12 T(￿• amount awarded £31,875 £23,WJ E28,Q SECTOR Youth Health Welfare se￿￿s to the Comun Arts, Culture & Ermrorrfntrt of total ty am¢)unt 21¥0 25% 20% 5% A full Ilst of LSan*brs Is In 4 Lrf the xcourts The tru*ees ore al￿ Fleased to the fc4bywlNJ: Leat￿r Ta￿c￿ Ltd have nmde skJnK*ant dcrf*thns io the D*e Rth TTU¥t fr* many yew4 and ha¥e donknj £20,(NJ) to ao Sn￿ r(s in jur￿ 2023. aTe extro7kty grateful to Leat￿ Tayknrfs board of dire(trrt Icr twr ctsrt1nU￿ sUp￿rt aThl ccrfdence In ￿ Tnts5t￿ rTr3nagmnt and d)arttalJe ttivities. Datsswlft Umltrd tsve crmvnual to wthje to of charye, vthlth Is m(th apwK*ted ty the Board of Tr￿tee5. Charltsble actlvltl The tru*ees o)ntinue to udll* the* c(ffln￿lkJn5 aTrJ Vm4bJge to ￿rtaIn a01￿?*￿e￿ the chaThJlng needs of the IrKal comunty. conY3nlJy *k of provkjl￿J as**a￿e to I￿#￿utbJ￿s on ]￿e of WkJht aTrJ In partlcuLgr endeavour to rewt)J fJvoutBbty to applKatths whwe thue be the Ok)Wrtunty to nNike a real dItse￿e for the publlc g￿>1. In ￿(Ordan￿ the Tru*'S grant-rNkirYJ vthen C(￿9derIrKj ap￿4￿nS fcf fijndlng, emphasLs ccotlnues to be FA￿ed cm SLKce5s crfterh ￿t￿ tanglt4e rreaswable outcomes. The conljnued of a Str￿tUre￿ appll(atlon form ha5 WINed ￿eS5ft1, as It prov4Jes aNI ddaled dats to Infcffli about donatbns and proytdes tts basls ￿ outc(me nN)nf(orlTrJ rwJVThJ. The Trust% retsntty Ulx1at￿ *thte, cortsct Infom)atth arnl (Ireci access to our fiJndlTrJ appllcaUon ftym, contJnues to enharre a*weress aThJ &xtsgt41ty to TrLLQ. the year the Tru& conun￿1 to apF4kalic¥)s frcm tw pxwthl r￿fj￿ents aTrl was a￿e to make grants to the fO1￿￿j new tertf¢¢0ries.' . earrkirdo'5 IW YOUNJ Carers - Isk olwlght SdetKe Fethal - South Wlght Area Yoth (SWAY) - ￿zhamer Café 51ght for W¥Jht . Soverelgn (kn￿p The Trust a)ntIn￿ to op￿ate ts 'PwF4e in Crislg woJKt 0¥￿ tl* ￿l$t year, womng collabyatfvety wf(h'. cr(Izens Adv1￿ Isle of Wight; Tr F￿tprint Trust; Frc￿￿lne Centre; fyeater Ryde T￿￿. ￿luthern HousiTYJ Ilsle of Wght) aryl Vects HLwdr¥J AS￿QatK￿. This FrfDFtt enatjes small aTh)unts of to re￿ the vwy needy, in a m)mtt llmdy marffter, Tntst ¢xKth1 cost.effthly underfake alorE A Ngh of the worf( b (klwered by v(Auntetrs. It is eSt￿d thal d￿rrtJ the la* 12 rN)rrtls, in pJcess of SI￿ Fe¥le benefited frDm this propLt, IrKI￿li￿ tlr eld&ty, p8)F4e, aThJ fanilEs %b7th young d)Ik1ren. The TnL5t alx) continued to wyk with the l* (rf Wtht Hlgh S￿"trS Tr￿ enabfing div￿1 of crtjr funds to a whler TrThJe of o)NYnurty tKoJett% REPORT OF ThE TRusfEES FOR TrIE YEAR ENDED 31 MARQI 2025 Investment pollcy and ob￿tIV The tnJ&*s Inte￿ t￿t ￿ value of the Tnrfs assets ￿ malnt*ned and enha￿d ovw tre k)ng-tem ty Investmert In a p)rtfolk) (tmprised of st(x*5 glare4 tMt)wty aTrJ CA41. Tr Inveth)ent wly, adv4￿ by Brewin CK)Ipl¥n IStsKktKokeY5) and Park Stede Iclwrtered aTrJ Ccrnrwol A9erts) has Lwn to In*5t In souMI pro￿￿￿.(m)S in 8]ur(￿ atK1 CL¥nThErdal tY(¥*fty. The Trusvs Investment proix*b'es continue to pyovide a reuth at¥J con*art xwrce of IrmnE, to support ts donatths and grants progran￿. The prorErty LYyifDI￿ s fcKAJsed ffi long t￿rn ￿Se$ to b￿ne￿ wth re￿Ile￿e to ecorKfnlc down-twn - Th)ta￿Y fcol and r￿Ka1. Leases are &roroty a)venarted wth m4￿mal co* liatrjlty to the Trust. Regular rent r￿ewS are Und￿tsken, w￿h1n the bjunds ol tl* bea*s takiry adw(e fThi 9JKabty Ro)tsl yoelds are representstlve of the prorwty dass aThJ kne pro%￿na Stocks Sharn The pc¥tlolkJ Is managed by Brn￿"n Ct4k*ln tsmted on the basts of t￿r FUY( Category 6 (r•)derate Enve*ment ￿SkI tc*al retwn bethnark. whlch they Js aprKopri*e Measu￿ aVaIL3b￿ on whlch to provSde ajrnparatrve ￿rf¢Krna￿e for the rtrtfolh). thlst [￿tfOl￿)[S nkinaged on a trwoke bass, Is thwefore unllkely to exactty mlrrrx the ccr<tkirts of the bethirK It thes refereno pc4nt agaln* wNch to compaie the Tru*s Investrr*nt F￿r￿ar￿. ￿ truts c(M*INed to U￿ the benchmark data, and that wjvided by ARC {A%et Pjsk Consultsrtsl Lknlted to the Tru*s Otrdl durtThJ the ￿r. In NovLNnt* 2024, the Trlsts ccrrni1s9o￿ an iThJeFeTrJert reKVt C￿ ￿￿ornan￿ ol the Tru*s In￿￿nt pytfolio, whlch d*n(mstrated Its saUsfacW the ￿. Changes in ftxed ass*s durfTrJ the yr a￿ set out kn the tD the finawO1 statunerts pollcy The tru*e5 have considergy the flnandal r15k5 lo whth the a￿11ty Is ex￿￿ and d&albJ dsewhere In thLq repjt. If any of these risks were tD C(cur, tJu&ees wtsh to h*e fredy aval￿￿e resaves Sn order that they could conttnLP to owate ￿ Chartty aTrJ fijlfll Its chantsile obpts The w￿paI ¢x)rrwnitmert of ￿ Chadty 15 to contlnue to 5UPP)rt the ex.un5tyes of UpwAwO aThJ Rkh Ltd, tr) all grants to other genffal benefidarles that have been trUSi￿ In on1w to 11￿ PaYTh*￿ salarle4 support and Jvemance msts %￿lUk1 need to ccrtinue to te Fold. The trust￿$ COn￿der thtt ￿15 to I￿*j ￿YeS that anKJutt tr) t*the morths optyatiry eX￿1r(ure plus U)e armunt ccrrmthd to grants In the next ts*lve n￿￿th$, trgether wlth the v* of any grants crKnM￿& for a Ferk¥J of bnger nKytth> A5 at 31* Marty) 2025 tctsl rf free resetves requtred 15 objktd as ￿Ing £194,336 made up ￿ opu&KJnal gJpeThJr(we of ÉT2,436, payirEnts to t￿ exfflplryees of Upward and Rth Ltd of É21,9(K) aTrJ other Flan￿￿ (k)r￿tKInS an￿u￿br￿j ID £ICQ,(￿. As at 31* March 2025 ￿ Charlty had as*ts capable of belng wlised knnrnqlktdy of £1451507. thwe10￿, the re￿9 is tetr4J nrt. The ancwrt of free reserves reiwtr&J vlll be aTh￿￿￿Y ty tru* FUTLRE PLANS FolbwirrfJ Ch￿ of the legal ty of the TW Its tru#ee5 runats) to cortlnue to nwke grants and donations In accordan￿ wth the *3ted alms and of rew aus Constituikn. Anaty￿s of efflcleTV and CC6t eff￿￿venesS Jre imp)rtart to the Trust to enable it to ts dc￿atkyB eff￿￿VelY. Ths ItKlwJes cC￿lIn￿d mordtortng of tts kxoperty pKrtfolo, aThJ maregerrEnt of ts o]uty inve*nen4 cash arK1 overhe*. STrUCTUR4 GOVERNAN(E AND MANAGEMENT GovernSrwJ d￿mert The Tru* is a aBrtsNe ckwi5a￿0n (ao) Registe￿ d)arity number 1203811. The ao was Incorwrtd on 30th ju￿ 2023 and is contrdted by its wNvnlTrJ thfJJnM¢ a Con*ituti"cn of a Cto wtrD5e onty vctt members are Its clk8rlty trL&ees THE DAISIE RICJI TRisr REPORT OF THE TRusfEES FOR THE YEAR Ela>ED 31 MARC>1 2025 srRUCTURI GOVERPIANQ AND MANAQMENT Organi5ational structure The organl*tlonal slrLKture of tr* 0￿rty ts ¢L￿r￿. tn&ees, Or￿ anba5sathff. admkn1walorl￿retrry and one ￿￿tOr. The tru5tee5 me* regttsrty (* ￿$t Quarterly) to o¥7nty aThJ &raW. on grant applicats'or6 are ryk7de by at th(fje regular n￿￿￿￿jS. Excepts￿1￿, an applrabon requ1￿ an Ur￿Tht dea￿n, ts tru5t*s consthr at an n*etsThJ, or ty utulsat1￿ IA the Trusts eknont SharePdnt system. tn (onskJerkThJ ap￿{Ca￿C￿ trustees are asgtsj ty inf(mtion gallwed on tha"r tehalf ty the admlnlarntor. RecTultmEn¢ appolntm•n¢ Ind￿tIon aThl traiThng ol new trustees The rTha*rtty of the ￿￿fiCkines ofthe tharty are r￿ent cfi the I￿e ofWYJht ar￿ lI￿efo￿ tn&ee5 a￿ r￿U frcyn Indbvkdwls in 9￿xI standknyj on the 11a￿1, and wdl cornected with ￿ k(al ccrfnmurlty. Prh)r to the app)In￿nt ￿ a w tnL*ee. ￿ existlng tru5tee5 uTrJ8take a the *llls requlred and the ccffimilThent ￿ded for w tr￿tee$. Try t￿ take ￿Un¢￿Tr3s In the comunty to k1enYfy Indiwdua15 ¥tho rn￿￿t be Jrtable fDr the roythn. PotentJal tru*ees are fulv cn Chwty's ain￿, atNI of oFeraYon aThJ are Invrted to atte￿ at leè& n*eUng of the trLLStees as an ob*rver, fC4kn￿n9 which the trustee5 ￿Uld conslder whether t￿ Indivldual slKJukl t* invitd to a tr￿. If ty are Inmted, ar¥J %%rJuld be sup￿￿ w￿h ccw ol tr* govwnltNJ (trKLmen¢ reknrt extrxts frcffi rye￿$ mlnutes atyl W￿ld be trfefed on urrent L55￿ Tlw w0￿d alg) be glwa) tralrtng In the dLth5 ar¥J res￿r￿'t￿￿tle5 of a tr￿tee. Rlsk manapment The tru#ees reCc¥J￿ and CCfflF4y Yith the￿ to k￿rtIfy aThJ redth the rS*s to wNth the Charty Is expxed and to ensure ap¥)rop¥l&e Contrds are In pke to wovkje re39Thb￿ assJrar*e agalnst frawj aThJ error. The prlndpal rtsks are th)se aS￿ted wrth ts invethnts In #c(*s and shares, aTrJ pmperty. These are m￿gated Iw retalnlrMJ an experL reputable, natt0Th31 flm of stc&b￿k￿s to manage the Tru*'s Inve>Jnait PK)rtfdlo, on a dlxretlorory bass. The Tru5t* proFw¥es are man•J&l ty a n￿l￿and ba*J CLryany of C(￿Merd￿ kyopety advlgjrs arKJ are maInts1￿ In name of the CIO. Cortro15 are In whth th& tTUStees I1￿ authyl* eath bank&ng tra)sxUcrt The trustees pro￿￿e￿ wfch regukir finanthl upJate5 at iTu&eeg n￿1￿$ The trustees rev[&¥ ann￿lY h&e wt In F*e inAnKe to appycprlate I￿rab￿ r&ks. Matters of doutt are pla￿ bth the Tru** REFERENCE AND ADMINisfRATIVE OETAZLS Registered Charity number 1203811 Prfndpal addre• Schod Lane Arreton Isle of Wigtr P030 3AD Trust¢¢s Mrs C E B L(￿ke Ci (￿aIr} JR W AttrillL Mr5 D K HaKJ-Thcthas Nrs N J KEyte Nr5 A C Medley Mr A H Medley DL REP(xr OF THE TRUSTEES FOR THE YEAR EKIED 31 MARCH 2025 REFBiENCE A14D ADMINIsfRA1111E DETAILS Administrator/Seoetsry Mrs L Mf(chell Aud5tor& Lewls 8rownlee (Ch￿he#er) L*nts1 Appledram Barns rdham Road Chithe*er West Sussex FQ20 7EQ Sollcltors Roach Fltbs 62.66 L￿1￿ Street New Isle of Wlgtrrt P030 SEU Bankers NatKJnal Wethlnster Bank 107 St James Squa Newwt of P030 IXH Imiertment Adt 8rewSn Eksphln 12 SM￿hr1e&￿ &re London ECIA9 Property A￿1 Park Steele Chartered Surywrs & c￿￿(181 Fyopety Newells Fami Bam N￿Well5 Lane Wesr Ashllng Chiche* West Sussex P018 8 APPOIIfflIENTOF AUDrroRS F0lbWi￿ a rYErger wth the Ch￿￿ster Offi￿ of sh￿ StLknTrJ on 16 2024. Lewls BrcYMlee I￿1Cl￿r) u[￿tej were ak¥XsIn￿ as aLklitcrfs offertlw*h*5 fDr re-a￿￿ntrnert ty tl* trLL#ee& THE DAISIE RI(11 TRLL¥r REPORT OF THE TRUSTEES FOR THE YEAR £￿ED 31 MARCY 2025 TRusfES' RtspofisiBILifY SfArnIEiif. ￿ntI￿Rd The trust￿ are rewr6ible for wepariry ReFK)rt of Trustees aThJ llnaNial *temerts in aw1*ab￿ law J)d KJng(lJn knnttrvJ *nthrds (Urdted C￿lty Pr&kn}. The law applKJile to charlues In Englarn1 arn1 Wa* the thirft5eskt 2011, Charity (knunts aThJ Repx)rt5) Regulations 2CK)8 aTrJ the wovL4ons of trua de￿1 r￿leS truaees to ￿epa￿ finarKial #at￿nents for each f1Th3rKkil year whkh Jve a ITue tsir vw of *ate of affairs of chanty aThJ cl the InconNThJ reg3w￿ and apFAl(3t1(￿ of re￿UrCeS, I￿aUdIT¥J the arKI exkwdlture, of ￿ chalty for that wk)J. In weparing tIM)se llnatKJaS aatanents, the tru*e85 a￿ required to . se1￿¢ sutsi* ￿Un￿n9 Fdk*s al￿ then aPFty cuNstertly: observe ￿ n*tk¥Js and prlrriFles in ￿ Chyrty StJ If, ba*d on I￿ 4¥Jrk v* have we Co￿[ude t￿ there is a matedal mls#aten*nt of INS otI￿r Informatth. we We r￿utred to r4urt that fal We ￿Ve Th)thlrrfJ to rwt In thls rwJord. Matters on whlth ￿ arn req￿le￿ to r•port by excepthn We have nothiThJ to retxrt in re5Fert of the fC4￿￿1vj r￿ Wtr￿e the awlfje5 (k(LWrts and Re￿￿ts) ReguLatlons 2(M)8 requlres us to rekY)rt to you if, in wr w"nknn'. the InfomiatlC￿ g￿n In the Rwrt crf the Tn&e&£ Is In ffj m&erfal rw wth the flnandal st*nEnts; or sufficiert ar£ountsng rKords have been ketx. or the finarKkil staten*nts are in agre￿￿nt wtih tr* ￿0)U￿1[Vj r￿rdS aTrl retwns,. we have Thx r&aved all the Inf0m￿th and eYpk?ntt￿ ￿ rtYLire for w atyJL Page 8 REPORT OFTHE IND￿ENI￿NT AUDrroRS TO THE IRLWEES I THE DAISIE RItrI TRI R¢s￿nSIbl11tieS of truBtees As explained nKxe fill￿ in the Tru*eeg Rewr&b'1rt￿ Sta￿￿rt, UE tnLts rewJr&tAe for the preFofdtDn of the fina￿31 statements which tye a trl￿ aThJ faw vie*Y, and fDr irtwnal as the truts deterni1r￿ is necessary to eroble the prepaTrthJn of finarrizl #ater￿ts that are free fr(m materlal misstatement, whether due tts fraud or er￿r. In prepathg flnaWal tnJ5tee5 are rewisble for a55es9ry the dk4rWs aiility to C(rtIn￿ a5 a Con￿r￿ dtsd(&ThJ, as awlKab4 nwttws rekitd to g￿r￿j Cor￿￿ and ugThJ ￿ goirrfj cor£em b395 of accounvng unles5 tru*ee5 ert￿r InteTrJ to the th3rity ID C63* OP&*KJn5, l¥Jve m reall5￿C altematfve but to do ￿. Our resporn5bllltles for the a￿lIt ol tlx flna￿la1 slat•ments We have been apwlnted 35 audrtors uThJer *ton 144 of the Chat1tles kt 2011 arKI retxxt In the P£t r obwves ￿ to obtain rea9)nale at￿Jl vA*ther the final￿al siatements as a wly)le a￿ free frcm materkil nls*atemert whe￿r due to fraud ￿ efru, aTrJ to a Repyt of tl* 1rkle￿￿*rt Audthrs that IrKlude5 our (pnDn. Reasonable asgjyan￿ Is a h'gh knl of asgJrarKe, is nrt a g￿Tartee that an Bud￿ Condl￿tal in accC￿ance ISAS (UK) will aNyays d&￿t a material m's4atanent when fc ￿thte￿nts can arfse frcm fraud or error and are consdered materlal ￿, Indfvljuaty ￿ in the aggregate, w9)naLly te ex￿￿tsd to influerKe the d￿s0[￿ rf uws tsken on the ba*s ofthe* IbK4ThJal The extert to whKh are capat4e ofdtt&J5NJ t￿￿ar￿les. lthlrfj fraiKI Is detsikd bekwl: enquiry of manw4Eynent, vAth gob*Tra￿e the entys ￿l￿1t015 arouTrJ acts￿1 and p)tsnt*i iittgath)n and cL91ms; enquiry of entty* *aff to Idertlfy any Ir&arKes ol w*h and regulatkJn5; re¥Aewir¥J rninute5 of meetlros of those charpl gtMTThltKe; re¥Aewiro flnarKlal staterront dthjres aThJ testiryj to ￿pIXMI￿rg to a*55 ￿[Alarte ￿th apF4icat4e and regulatDns; and aud￿ThJ the rfsk of marwjemert ovemde of contrcls lthy￿11￿j trwh tealr*J entrks ar¥1 clther adluyments for approtdata*ss aTra ev*ating the ralk)nale rf slgnwtart b7￿ctk)nS the nomwl course of bulness. A fvrther dethFtDn ￿ our r&py61t￿li*e$ fc* tr* Of￿ flnartsl Y2ter￿ Is koted on the fir0￿al Rep)rtlng Cou￿1,5 b%Eb4te at byww.frc.cry.tthlaudittxye4x)￿tht¥l￿ Ths forms part of ReFQrt of the IndeFeThJert A￿litC¥S. Use of ow report This rep)rt is rTh4de trj the dortys tru*e* as a tf12025 2025 2024 fund Totsl luNI$ FIXED ASSETS Investments Invesbnents ¥310,941 2,307,648 1568 317 3,840,941 3,875,965 Debtors Cash at bank 6,141 159 975 166,116 147,884 CREDrr(xis Arn(￿nts falllng due ￿1n one io (24,SSO) (26,325) NET CURREp¥f ASSETS 14 121559 TOTAL ASSEfs LESS OJRRENT u￿ILmE$ 3,981507 3,997,524 NET ASSErs FUNDS Unrestrfctal funds li 3 982 507 3 997 524 TOTAL FUNDS 3 997 S24 The flnaKkil statanents *Ere apwrNeJ by the Wrd of Tru*ees arKI autWs& for bsue on .. and %gn&l behalf Lry: c e B Lcrke ￿- Cl4ilr of Trustees A C Methey- Tru The Fort Of￿ fina￿jaI &&anents li THE DAISIE RIOI TRU CASH FLOW ￿ATEmE* FOR THE YEAR 3114ARCH 2025 3016123 Year Ended 3113125 3113124 Cash flows from qjeratlry •cll¥llles Cath g￿eratell kn OFer0th￿S Bank charges (191,491) 61094 175 Net cash usoJ In cwatir•J xtmues 924 C••h from In¥e5tlng actlvitl•o rthase of flxed as*t In*stmerts Sale of fixed asset investments Interest DJvKlends aTrJ Rerts (409,700) 456,333 31 168,735) 78,559 16 157 Nei cosh provfidoj ty Inve&lng *ivth5 Charye In cash aThl (￿h equl¥al•nts In th• rewtSrKJ wlod Cash and cash eq￿valents at beginnin9 of the reportlry perlod 11091 147,884 Cash and cash eq￿valents at •bxI the rewtiry period 159 975 Page 12 THE DATSIE RIQI IRi NOTES TO THE CASH FLOW sfATEMENT FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATIIYI OF IET INCOME TO NEf CASH FLOW FROM OPERATING ACTIVTh Period 3016123 Year End 3113125 3113124 Net i￿Ome for the reP￿try perlod (•$ p¢r tl* *ttyn•nt of FlnaNlal Artivities) AdjustnRrt5 for: Net current assets frcffl char1ty In on investrnents Inte￿ reteiva Bank tharges DIMdeThls and Rents ExchaThJe galnslllosses) Increase In dettcrfs IC*creaseyirfftase in cral 248,321 107,361 1243,861) 1161 175 (76,125) 1861 (49,926) (31) 433 (157,351) (¢141) Nettath umd Sn 191491) ANALYSIS OF CHANGES IN NEf FUI•S At 114124 Ilow At 3113125 Netcuh Cash at bank 147 159 975 147 1 159 975 Totsl 147 12 1 159 975 Page 13 FOR THE YEAR ENDED 31 MARCH 2025 Basis of p￿parIng the finanthl ststemerts The finarrial 51atements of the chartty, whKh Ls a t￿efft ￿ uth FRS 102, hwe tEen pre￿ra1 In accordance wrth the Charities 9JRP IFRS 102) 'knThmtlrrfJ and Remng by Charfues.. &atement of R￿￿￿mend￿j Pr&ti2 apFlicat4e to CtsrIt￿ Kryarir4 their accolrts in wf(h the Final￿￿11 Rep)￿￿ StaThlard aPFIKzi)le in the UK and Repullt d ]reL4nd IFRS 102) (effertI￿ l January 20191., Fina￿￿11 Rep)thro str￿Jard 102 Tr ￿narThI Re[#￿t"r￿j knndard apr4rat4e in the UK Rep￿￿ of IreJaThl' and the Charlues Act 2011. The fir¥3￿1 ststemerts have tw tryar&J undw the hl*c¥tal co& CorNen￿.On, wf(h the ex￿￿'On of Investments whlch are at market val￿, as nK4JlfioJ by revaluat*)n of certaln asset% All Incx)me L8 r&o3niseJ in the of FI￿￿la1 P£lMOes (xKe tharty ha5 ertI￿￿￿ert to the fvnds, tt b5 probat4e that ￿111 be and tIE te ￿1￿7￿. Exp*rKlltwe LiabilIt￿S are as eyTrJtLre as as tlwe 15 a legal c* COn&D￿ ot41gTrtsJn cLmn¥tbro the cN4rty to that exFeThJrtLwe, ￿ Is probabk t1¥3t a of e£txmr tenefits wll r￿ul￿d in sett￿rnent and the arnunt ofthe obligab.cn on measwed Te1￿bty. ExF*NMJitwe15 accwntal for on an x(nwls ba95 aTrJ has teen clas4fi8J under headlros that a￿re9* al cost ￿lated to catem. Wkere co*$ canrK)t be d1￿Ctty attrltr￿ed to pathkr wI￿S ty hab* teen to thlies C￿ a ba* conslstent vlth the use of lknnts Offe￿ 9thJJert tr* ¢oThJltkns rr* been at the ythr erMI dale a￿ as a cc¥nmtherrt GovemawKe costs iThJude ￿ co*s olgwTh3r￿e arra• rel*e to tr weral runnhYJ Oft￿ TrL&. Alltx*l¢Jn and appthm•nt of The￿ coas cannrt be dliedy attrlbuied to ￿rt￿uL¥ tw hm be￿ on a ba*s conlstent with the ￿￿e of rexjur Inveyrnent p￿Pelty Is slKM¥n at r&ent valuatth Ary a99￿ate 5wpIu5 or defic* frcm thaffjes In falr value Is r&0jnl￿d In the %oteffent of Flr*rthl Taxallon Fund aLrountlThJ General fl￿dS a￿ uwe*itted Yknkh are avalatk tr we at tre thgJ¥ion of ￿ truts for rortlcular PUTF*)se5. Pdge 14 cirtinu&1... FOR THE YEAR EPL)ED 31 MAROI 2025 Ir4VEsfMElff INCOME Perlod 3016123 Year Ended 3113125 3113124 Rents f&e Divide￿IS Oek¥Jat aco)unt Inttsest 104,311 59,181 31 49,085 27,040 16 RAISING Ful￿5 Imrtment m•rngem•rt co•ts Perfod 3016123 Year Ended 3113125 3113124 Brc+Erg fvdmknlstratbn Fees GRANTS PAYABLE Peth¢)d 3016123 Year Ended 3113125 3113124 Grants to lTrJlvkI￿ts arKI Ic¢ futhwatKe ofthe dwlvs 13 Grants nwde 10 IrGtkul¢kn arnl lTrJl¥sJ￿ts the f(￿tl￿d￿e ofthe dwrfV5 weTr: AlzlEimer Cafe 14e of Wkjtr Ap￿e￿￿te Breast Canctr 9JpF#Jt Grcwjp Bor[￿r￿05 Iye of YouThJ Qrw5 BeaulEu Resprte BrigstfKke Almsthses Br￿Sh Epiwi A5scth￿n IW Cowes Prfmary Sc Co%￿ S3ikbllty a CRUSE Bweaven*nt Care Derrentia UK (PAJmwals NLTrS) Earl Mountbatten Hc6Fi Fair Haven HousiThJ Trust FrK•tprint Trust Free fo￿ In SarKJu+vn Frondine Certre Glr& Bng* 3rd Ryde Q)nyany Greater Ryde &ne¥r￿nt Trust Hampthire & Isk of w￿ht lir ￿t￿lar￿e of Wight A59)a'athJn fcf Spiro &'fida & F￿￿￿)￿31u5 IS￿ of Wight Citizers AdvKe T5￿ of Wight Deaf Chlk1ren's A%￿(la1 t5￿ of Wight High Sheriffs Tru [* of Wvjht Lrterary Fe4Jval 1,300 1,000 1,500 1,000 500 200 1,000 1,000 2,1)00 2,IXIO 4,IXIO 1,500 4.000 1000 3,000 4,000 1,000 5,000 41X) Page 15 ¢Mtinued... THE DAISIE RICX TRLsr FOR THE YEAR END￿ 31 MARCH 2025 GRAfn5 PAYABLE. cryttIn￿d Isle of Wtght Pfrrystcalty rthsab￿ Isle of Wigtr* Prostate &oup tsje of WI9￿ Sciav* Fe5tNal Isle of Wigtrrt Youth for Chri I* of Wkjtrrt Yc#Jth Tru Julia M)rgaret CamWC￿ TnJ5t I CimL** LcOJe MotDr Neurone tx'sease A￿lthn L4e ofWkJtrt mU￿pIe *krosts 14e of Wght Naomi House aThJ Jxk's Need￿ INCI) Natkjnal Coa*vKtth Inst￿ Newpcrt Rowlng Club Parkln9)n's UK L￿e ofwgrrt (￿p Pecylets Trust for Endang￿ed SWS Quay RaInt0￿ Trust Chlldren's Clk8rlty Ruyal Wctoda Yacht aub Ryde Salnts Fcotkii aub SaThJown Carnwal Awlal Saturday avb for Ceaf Chlldren Y)anklln Vdurtsry YoLth aTrJ c£￿T￿jth SIght￿ SSAFA Isle of Wlgl 1,500 1,500 2,500 2,500 3,000 3,000 1.000 1,500 3,000 1,000 500 1,500 500 2,000 2,000 300 3,000 1,000 400 1,600 1,000 4,500 South WNJht AJea Yoth (SWAY) )ut￿rn Housng )veragn GroL¥J mda Fanlly Surwt UKS4 1,575 5,000 2.000 2,000 5,000 3.000 2.500 2,000 2,500 VentTh)r ExcharKJe Wessex ca￿er Tr(st West Wbht Churches YO￿ Young Uve5 V5 Ca Totsl West Wkjrt P￿￿le In 01Ys rdwn cldcfjabon 111,675 611) Gr•nd Trt•l Ex •mpItr￿ of Uw*ard arbd Rlth Ltd or t￿1￿ ¢*end¥rts Page 16 THE DAISIE RICII TRLFr FOR THE YEAR EhDED 31 MARtrI 2025 TRusfEES' REMUN8IATION AND BENEFITS There tr￿e1 ranuntsat￿ cy otlv fty tt* year wKled 31 2025 n(* for Foricxl e￿ted 31 M¥th 2024. were no tn&eeg eypws p&1 ts the ythr ￿ded 31 Math2025 r*Jr the perbd eTrJed 31 March 2024. Perfod 3016123 Yur Ended 3113125 3113124 Wages salarfes The avelage n￿INY nLrttr of anpbyffjes dthng the ￿r was as blkpAS: 3016123 Y￿r Ended 3113125 3113124 1mlnbtratJon aNI ¢￿￿t￿ncY FIXED ASSEf INVESTMEfiTS H￿IKEr VALUt At l Aprfl 2024 Additbn5 Dlskxwls Revalu&bns 2,307.648 409,700 (447,140) At 31 Marth 2025 310 941 NET BOOK VALUE At 31 March 2025 310 941 At 31 March 2024 At 31st March 2025 t￿ co* of liaed im**w*s £1,675,477(2024.' £1,725,714). Investm￿ assets outgt1e ￿ UK at 31# Mttth ￿25 tc*albJ £1,432.319 (2024: £1,367,943). Page 17 ccffttinud... THE DAfsiE RIOI TRLST FOR THE YEAR ENDED 31 MAR(>12025 C05t or at 31 March 20251$ rqYe*rt8J ty: Valuabon in 2025 310 941 INVESTMENf PROPERTY FAIR VALUE At l Aprfl 2024 Revaluath)n 1,568,317 At 31 Ma￿h 2025 1530 000 NET BOOK VALUE At 31 March 2025 At 31 Marth 2024 Groupi an ertternal fiTrn of on 24 Felmry 2025. Falr value at 31 Marth 20251$ rqxesentaj ty: Val￿911)n In 2025 DEBTORS: Amoufus FALUNG IJUE WrnIIN ONE YE 2025 2024 PreF4￿nents aThJ KcrwJ IrKo 10. CREDITC4iS: AMOUNTS FALUNG DUE wmiiii (YIE YEAR 2025 2024 VAT Accruals aTrJ deferred Irm) 1810 3,785 Page 18 oxrtinu&Y... FOR THE YEAR ENDED 31 MARQI 2025 11. MOVEMENT IN FUNDS Net At 114124 in funds At 3113125 General fiJTrJ 3,997,5Z4 (15,017) 3,981507 TOTAL FUNDS 3997524 ￿15011} 398 Net rr>)*rnert In fuTrJ4 ir>JL*l8J in the al>)ve are a5 fdknls: IncomlrwJ rewirces ¢xpernled Galm and Mtr4am•nt In funds Unrestrthd fundj Ge￿ra1 fiJTrJ I?3￿23 1200,149) IL609 115,017) TOTAL FUND5 173 523 21)0 149) Compwthw for m¢y4ement In fuThl• Net In At 3113124 Unrnjtr1￿ fun Ger￿1 fu￿1 3,997,524 3,997,524 TOTAL FUNDS cfjmpm￿ net n￿¥em•￿ In fiJMS IrKWefj In re a￿ 4$ follow% I1￿0M1￿ Galnj and MovenKrt exp•rthl Ii*x8s In fundB Unrestrlcted fund• General fuThJ 86,141 (81,681) 3,993,064 3,997,524 Page 19 c£rtlnuèJ... FOR THE YEAR ENDED 31 MARCH 2025 12. RELATED PARTY DISCLOSUR During the year t￿ tharlty a (kThiknn cl £IO,IXO (2024: ElO.C(tJ) frcrfn Leats Ta￿or Ltd, v￿glOU$ lttal bj￿neSS In hua))rKI of Mr5 Ann IKJlds shars JI transattk)ns vrne Fth8J an ba*. FOR THE YEAR ENDED 31 MARCH 2025 Period 3016123 Year Ended 3113125 3113124 INCOME AND ENDOWMEPItS io,¢)00 io,¢ Investn*nt IrKom• Rents rthved Dlvldernls Depos￿ aCc￿nt Inter&t 104,311 59,181 31 49,085 27,040 16 Total IncThnlno re$wr￿S 173,523 86,141 EXPENDrruRE Imi•stm•rt manag•m•ntco Brokers, AdministratK)n Fees 15.272 6,102 Ch•rltsble •rtlvltl Grants to InstthtvJn5 Grants ty IndNklua15 111,orA 31,575 131964 51,075 Support costs Mana9•ment Wage5 Insuran TeIephc￿e Po*age aTrJ Mixellanwus exwnses C(*nputer eonsultsKy cr￿S Bank charges and lrterest 27,146 iii 129 337 685 266 433 13,294 116 67 303 244 175 29,107 14,199 Audltors, rernunerab( pr￿es￿o￿l fees TrLEtees' Indemnty 1Th￿rar 3,800 18,752 254 6,505 T(*al re9)Ur￿ eoeTrJgJ Net {expenrfrtwe)IlwJme lth arxl losses (26,626) 4.460 This page does rDt fcm part ofthe fina￿la1 ststanents Page 21 THE DAISIE IUC>I TRIA¥r FOR THE YEAR END￿ 31 MARCH 2025 Pwi(Ml 3016123 Year Ended 3113125 3113124 Re•flsed recfjgnlsed galns aNI 109xes Realised gainsllbsse5) on fix8J a&*t nvethrts P4et (experK15tw•)Ilnc¥)me 17 433) Thfjs Foge txrt fom wt Oftt￿ fin￿￿1 stat8rErts