Comparty regimiion Thurnber.. 13745253 C1wiLy Stration number.. 1204867 Beehive Care Group {A comp limit¢d by gtwantee} Annual Rcport atrj FIrra1 Swcttt2nts for the Year Ended 31 Ocrober 2025 HodsoTh & Co Wiston Ho I Wi51on Avenu Wortkn"Jig West Su55CX BN147QL
Beehive Care Group Contents Refuencc and Administrative Dciails Tw5tces' Report 2to9 Inderthde#t Avditors, R¢prt 1010 12 Stakm¢nt of Financial Aclivitits 13 Ba]ance Sheet 14 Statent of Cash Flows 15 N)ks to th¢ Financial Statemettts 161029
Beebive C2re Group Referewce and Administrative Detai15 Trnstees D Slator A P R TknrrL)n S McLI)nald B McC4ThD D Bottin8 C J Haykne J C Gough J tancaster Charity Registniion Number IVJ4867 Company RegÈstratioh 13745253 The charity is incorwjtatcd in F1¥1 & Waks. 110 FetTing Street Fcrr1Th8 Worthing West Sussex Rtglstered Offite BN12 SJP Hthlson & Co WI0 House I Wislort Avenue iDrthng Wesi Su¥ex BN147QL Page I
Beehive Care Group Trustees, Rewjrt The tnjsttes. who are diteGtor5 fpr the putp)se5 of corttpany law. FresenL the ¥U81 report together with the fin4ncidJ statements attd auth'tors, rEwJn of the ch]ritabie company for the ended 31 (ktober ?025. Objtetivu gnd 8ttiVtties Objects uiid ain The charity maitt abjectives are the w¢lief and car¢ of elderty peN)S living wirh disabilities who ar¢ aged 65 year5 and r)vy or othtris¢ being in ntt4 Encluding by (he provision an6 ma#agement of chlriteble social housing aodi UT SIdential Ca homes an¢Vor SllPP)rt knn4 athd d¢m¢rfia 5UPPOrt by of day tespile, inlorinatil and signpostin& The charity's tivItIeS for meeting the charity's Obj115 are - Running rcs1dettti care hoine. Cornwtll Ha Supwrted liviiig facility. Old Sthool Hou5C . Providing support at hoth)e s¢rYices . Respite care Tnforjiialion and si8liPOStIti8 - Support for people affected by dcrA¢ntia inciudittg day scrvic Obje¢iiv4 slrutegies ftndudivilies As at l Decenikr 2023 Abbcyfield FeFTin2 S(i¢ty Limited (Registration No: 22930RI knfcrred 311 the enlity's assets and lJ3bili(ic5 to Beehiytt Care Group IRtE1strd Conipan) No.. 13745253, R¢gi51ered Clwity No.. 12048671 by a transfei of ¢ngagements (k)rvrnert which w&s pa55¢d by tk Abbe)field Fe[rit Society Limited Truslees by vdy of a special resolution. Pu¢beReI Tlie Charity's main activiti and wtho ts hElp¢d is dexribed behw. The mail focus is to provide rdief and ca of elderly person5. The trustee confinD thai They bave cotnplied WFth the rtquiremem5 of 17 of the Chartties Act 2011 have due red to the public bcjjefii Euidw pth11sld by the (Jjarity cOnlsSln for FAgland and M'ales. Page 2
Beehive Care Group
Trusteu, Report
AthlevtmtBts ttd ptrforFRanLY
Th¢ d¢¢ision Io llkJve awiy from The AbWKld Sc
Beehive Care Group Trusttts, Report Key indicwor Key finan¢ial and non-fJnanci perforntance indica5 A..%tared in our 5-year platt wiiich reDJaiDs in place until 2027. ourkey #tscgic objectivu are to.. . IrEase finart¢ial Yesilienc& • contin to dEve]op services ftir rKople IiviDg with tlementia and tJKir earEts. . DelEvei" higlFquality, mcaningful strvices older people. . Inci'e3se our cotnmvnity's Trceptioth of u5. . Continue to build a Carl0.. SuprtiVe orKawsatN)n. Tlii5 will Ee aehicvcd by.. . En5yring that all ourserricrs contirbue lo grow in an in¢Te&sipgly Challengi and petItive ma¥k¢tpla . Develop more Cotnmunity tkmentia Hivu acTOSS the locality. . PtDviding targei¢d servrces delivered thmugh coL%ulration %th stakcholdus. . Continue to bc an iTrteg pth ofthe commwiiry. as participants provid¢r5. Cr¢atill& 2thd maintarning x culture of urinq that cncompakse$ all things.. lerAiers cwing a¥A)Ut ernpFoycc% eniployces caring for cach other al ¢Thr5 and sllppliu4 aRd eIrrne iti otroTilsatiots caring aknu( our nit55ion, Vi5Kbn. al values_ We will fftonitor and ev8Juate wfomjance against the 5-ye2r pkn i1wolOUt tli¢ year wih reglay PoATd rneetings, the Govemince sub-¢ommittee and OUT Finance SUF0MMIttee to ensure that we demOtrate accountability to stakebolder5 by rouunely revIng the stratcEy. OrgantsatKI p¢rfoMuLe atsd that ourpolicies ar2 aligtked th the plan in¢111n8.. . Buildi8 and MainÈenan¢¢ pl. b R¢cruilment and reten(n wlicies and strdtcgy. * Comniunications ld MatUD2 policies. . Dem11& strategies. . BudgeL sctting. Regular visits by Board memb5 to all seThices allow any r¢sidenl or m¢rnber of stsff to rw5¢ conceYAs. These issues are then rerted 10 thc rC$ptr¥¢ manager. sei)ior Maeltl and substquentty to the Board. Selecltd meJnb¢r5 of the Board are Jso reswrtsible for sptcifK aTta5 al ¢a¢h STte and follow C guidel&JJtts Eo SUre iemayll u)mpliant and effe¢iive within our governillg bDdy. Fijkanelal revie Th¢ ¢asJFlo-equTty ratK> beld by the charity year etsl i$ 0.25. The Charity has net operatingloss for the year of £229.I5412024 net rncome of q304.650}. iK>te Ihat the prior P¢EitwJ Iltte5 thc ITanfftrof 3$5ets •ThJ tÉabitiltes fvona The AbW)¢hl Ferri kn•tty miled tsf £2.229.519. if this wer¢ gxcluded the prior pmod th¢ Dct i{Komi ruA>urcts for that peritidwDuld be £75,131. Page 4
Beehive Care Group Trost¢es' Report Policy on reserves Tli¢ charity receives in¢onK from three 50wr¢& Thtse are grarf f(%ding. fvndraisin8 and tDcom¢ from setvices provid¢d. lIOrne from unrestricted fi]rhds £1,67J.l54 {2A124-. £3.990.104. this in¢bdes the Iralfer of assets fium The Abbeyfield Ferfing S(Ki¢ty of £2:229,5l9), and r¢slrÉcled £119.407 {2024.. £104.6351. ResoJr¢es expended wett £2,022,415 {2024.. £1,790.089). A5 Xt 31 {kber 2025. ttstsj funds wcrc £2,074,796 12024.. £2,304,650) of vthioh £34,997 (2024: £12.984) wue re5tricd. Durillg th¢ year. sptJyJing on diEed charitsbk a¢tivities represented 99.9%ortot exp¢ndiftl¢ The Trustees havc eXamid thc charity's Tequiremrnts for re5erv¢s in light of the main risks th the organi5atioJL The tnLStees will continue kn review th¢ financial affai15 of the char&tv with th¢ aim of incttasing incomE. cuttitig Costs 8Dd improving the ovetall control olils oprraliDll5. The seiiK)r rnanagtment tearn have ¢srablished a p)licy approved by the IKiard wlKrcby ihe Ullrtstricted funds oi ¢onunitted or invested in tangible fixed &%sets. 'frec rvzTVCS". hcld b> the st]d be a minimum of 3 MOTh core n]nnink costs. Based OTr the costs for 202415: this slands at£505.000. The charity a150 a c&%h reserv policy which ensures the clwity mwntsift its tmain fvnaion in the event of a disaster for two morlths wsthour iDCOm& Plw for fvtuye periods Ahiu rmdÉy objeclivesforfthreperiods AitD$ and key obje¢tives for fijture riOdS Our Mission Vn. aThJ Values are w) Exlow.. MtSSlON To ¢nsur¢ Ihere is w ffason for anyone ill our ccthrnunity to grow old alono VISION A world ivheye older Fople livc fvIL meanin8fv1 live5 and vt valucd for IIKir omrrib¢Jtion to socKety. Wc are InE the rd HtVE as an acTOrtym th S11 out th¢ vis¥Jn we hold au'0s5 thc or8attisatio H¢aTtf¢l¢ Setvice.. Providing genuine atKI COmp&10al¢ r4re the ¢oThmuruty. prioiilising their we114)eiDg over profit. Inclusivity: Fostering an iRctusive eiiViTonm¢nt where tran4werty and aproaCh8bl1iry parsnMMJnL sUrIng l everyont fec15 welcomed and valutd. Visionary EngageMl-. EJi8agiiig wjih the ¢omrnuTrity a tnilI way, listcning to their needs alld aspirations dcltyer 5eT¥*ce5 ihar mak¢ a difference. EtMpath¢ti¢ Mindsel. Cultivating a rnindfvl and con5idcrak aPPd¢b, uthrstsnding the diverse need$ of ibe ¢oiiimuiiity and wviding iailored 5UPPOrt and services. Page 5
Beehive Care Group Trustees, Report Acliviiiéspluiinedlu oehieve uifrhs Bcdjivt Carr wll be forgrng ahead with plans * maintiTh servic¢s that ol a h¥h quakn'ty. 1x81ed artd iniegral lo our community de&elop setvices in areas needs are idcntsfied. Ike believe our strongest prospecls foT any suc¢ess will cor bj rK>t onty on the areas of ncd kmw atK>UL bui by I1¢tg aiid leamittu from th¢ p¢ople we provide sesvtces for. We will d]VSEfy to ejw we meet their ne¢ds. After th unprtcedentrd pcmod of challenge on so many fronts, Beehii'e Care is Still in a ststsng posilton rinancially has proven itsclf to bc flexible responsive. Wc have iave5ted in OUT mana8eme]Jt tt>les and cOns¢t[Y have a rob81 senior managenKni te8llL The Board lias recruFted new nicmbers this year attd rydertaken a 5ki115 a•1. Bed on this, we ivill develop targeted ITaining for trustees and succe&%w)n planning to gov¢rnarKe Femains a priority. We are aware of the rrsk facl0r5 5WTounding the business attd the frawlity of social tsre. The senior management twn and th¢ Board of Twe¢s both Te¢ognise thc need ty tontintTousty r¢vi¢w organiwional costs withaut jcop8tdi5ing thc qua]ity of we off¢JEd kn 01¢nts and clietl5. Sttructurey go¥EfuDce Dd Th0¥eTtnt Nthureofguverniog docuMEnl Thc oiganisation is a charttable company limited by guaraThfe4 rrKoryord on 16 Flov¢rnb¢r 2021 and regi5tere4J as a eharity on 22 SeptynEer 2023. The company was esEaNished undcr a Mentr4ThJuin of Associatson, thich establrshed the objects and of th¢ ¢h¥itable copan and is goverrRd und¢T Tts Arttcles of .4580¢iatsoJL In the t¢ of die company being wound wi, m¢mbet¥ are Tequired coiitribute art 2niount not exteeding £1. RecrHllnieiii U141P)iN1rnelojlrjtees All the direethr5 of cpaN are $0 Tte¢S orth¢ charity. aNI te are w othtt tsustees. The board of Trustee8 has thc )Wer to appoint additional trLLStees as il coosth fit lo do S The exeurtive bodSha[l ¢onsi%t of rn iS than fjve arml rK) nK]re fifteen membert Inducti4M t7ndlralnlNg ofnYttteeJ All tmsitts aTt akeady familiar Ihr pnclKal of the chatity FAve kTr)wiedge ol the 'E&lei Tnjsicc 6 main duties, the chHrity commission's requiienxrts. StrK)rt training stssions to familiarise new trnsiees with the charity and the within Nthich it (¥rntes are provided by the CEO aN] Tltes. Th¢ trusteBs a150 fonTr Ihe Fina Committee SLTutinisc the (WNilDnl and the GovLYRance Committee to ensre ¢ompliancc, %tre45gthco EK>licy anY5¢ ¢han"ty aim5 and aThbitions to PtBscnt njore robus¢ papers for proposals the boattl. Page 6
Beehive Care Group Trlee5, R£port The diarity is oianaged by a board of TnJ5tccs that mccts 12 times pcr c8lcndar year. A s¢heme of delegatioti is in place and daY4daY re5fA)tL5ibility for the provision of th¢ s¢rvices rest with th¢ Chi¢f Ex¢¢ulive. The Chie[EXetiv¢ is resp)llsible for enslltiE8 that ¢he clharity deliyers the services SEtcifi¢d and that key pcrfomiaKe indicator5 are rnct. The charity Malntiitd it5 p)licits and priKtdure5 Io cnsur¢ sLdf. Thanagefy VOIlttts and ttustees tre aware ijf their rolcs and rtsponsibilib.ts ajya provided ¢raknÉng aThJ skills to SUPPJTitheEn in thcÉr role5. S21aiies we set annually in the Seplcmber budgets aNJ arc incrcased im Apiil of th¢ ftslloiwng y¢r. Tlie5e in¢Lrases aBrced by the Board of Tlustres. The PeeIgE rot all salary inueasts is bd on the ttational inflati¢>n rate. The senior management le h85 5aJartcs ik¢d in Eon¥arison to sinrJaT4izett tharitI ID the io<laty, however. the incyease 15 Still th¢ 5¥ne Ihe natiOEMI infiatioti Me. Th¢ charity És an ad¥)¢a* ofequai pay and a s1)ner of the Itving wage. Pa8c 7
Beehive Care Gn)vp Trustees, Report Mffior risks ¢rvd olihose rrsks Low o¢ciipg¥ty rate After learning Icssons frnm l&4 year and wrkin8 with pc xcessithg ow new C¢)mmunity Demenoa Ffiv¢, the charity dev¢Jopcd a new Strate ro mbaI low oceupaucy by atlowin8 skn-temi rupite cair to the sidential we home on sknrf llDliG&5hort4erm stsys. Potential sPite resid¢Trts tr1d tlwefr)re b¢M)k for sknrt breaks of just a few da>ry QT evu) overnight. This helped to fill the voids in long4erni rasidctttial residenTS and proved 10 be very succcs5fiJl both finwially alld in tcrnis of user4ed Living Jfri¥e Be¢hivc Care, as a living wage employer, f¢cd wrth 518nificant incrtas¢s in salaries •% the dtrtshold for employers Nt irKrcL%ed. This pla(xd addi1K)l unexpe¢ied pressure on the C11$ budget process as the inGrease came irb after budgcis for the already xt and f¢es already increased. Tht5 gdded an apprtsyimate£SOk to our sary bill for th¢ year. A tharouah ieview of the budget setting prress atKi iw4g¢ factors was impl¢tsnt¢d in die followukg years, budget to red the p)telltial for this havc a si2Dtficant impac¥ in the future. Fees The chatity btnchFnarked its fees and domiciliary ratcs againd her providcr5 to cnswe it ren]rJ competitiF'e in die Tvarkei a1 within the locAltty. Tlw were rev$cd durlng the fin#Kial yw lo bctter rtprwat th¢ It1 of cire providttl. thc jIKTeased opcrational cosis in the euwrcDi financial tnvironniemt iTrAii15t remaining as affordable 85 pra¢ticable for our ¢u51om¢r5. co1111011 ofihe Efinie It is clear Ihal th¢ lrlfrasir1fe is sIll1g sigrL5 of age aNI deteTiOrntion. cotsthiiicd wth the inipacts of climaie cliange through incre2scd he9uencj of ([Ce IIden the tell(l for sigDificant brtakdoivn5 andlor niajor repairs being requir Corn<1] Hou% presents the major risk ID thi5 a1 *ilst a good kvcl of prevtntrdtive MteanCe ntillues. Ihci¢ are likely to be unfores¢en reactivc major repaits required in tk not-tOO-disEant fuiure. In the Iming year we will btgm a progrdm of Ten0[ for the hous Valiiefor Djoney The fIranee subcomtnittee continued to scNtinisE organtsalional eosts and expeIl1[¢S irL L¥JlljLllbciion with the Sertioi MageMent Team. Tlie ¢hai"ity focused on redtLLing stsff IrEver. incrtsisiog sraff ¢fficiency. lltilistng eonttlcted stsff hours effictty. nnagneI also led kn Gll ¥aKies quickly io igoicy spe[¥ji ai the care twnie. This will reduce Edditional and c¥pensNe agen¢y fr< partÈeulaAy al rtig]L Further miEi8atson has beEn undei1ak¢ii through (he introdutti¢M of smaTf i01k mstets better reflectthe of our cDstomus. Tlic Board'$ FinCe .sU0mmItteE tbTrer regularly througlLOUt die year. lev1ving the nioDthly accounts. researching wdT1aeS and provEdirJg ¢ktaile41 Teports at Board TiNg5. This allowed die Board to ke2p a closer eye ott Ihe service bud8els, hel1 to sUrt dccisiorts for thkbudgeied ¢xpendin4 and ellgjred money was wisely across the organi5atiOTL Stxttjneut of trustees. p0SibIlItieS Page 8
Beehive Care Group Trustees, Report Tr tyu51¥¢$ (tho akn dlc diTlorI (If 11tehe CWE GrDup for tl of compAny lawl are reswnsible for preparing the tru512e5' and thc fin8ncial st&emcnts in accLYdallce iwih applicable law and Llnited Kingdom Accounting Standards IUllid Kingdom G¢D¢rallJ Accet&d AccouDtsng Practicex inc]uding FR$ 102 "Tli¢ Financial Reportin8 Standard applirAbk iD dxe LIK and Republic of lrtland". Company law requir¢s the t181eeS to prepare financial statements for each r]narKial yw. UndeT company law the rrSte musi noi approY¢ the financi statements llfjless they aye 52tisfted that they give a tyu¢ and fair view of ihe slaie of affaiws of the Charitsble company attd of the incomi regjllrcts aThJ application of resources, includin8 its incon and expetNtiwre. of the rh8riiable comparLy for that peri. In preparing thLse financiaj slatem¢or4 the are required to.. select suitable aL¥OUUting policies and apply them corsistl. obseNe t1 methods prinGiples in the Charitie5 SORP. n7ake judgemellly and ¢siimate5 that arc Te3sonable and pnthnt stste Vihether apphcable acwunlsng standard5. COpris1 FRS 102 have bceth followeA. subjc¢r any material departsjres di10$ed and explaitt¢d in the finan¢iA] Statemen 8 Ppart the fi]wJcial staiemeTr(s tht going concern b&sis unless li Li inappropri to PT£%um¢ the ch2ritabl¢ ¢ompany will coDtiTwe business. The tru5t¢es are responsible for ke¢puJg proixr accoun¢illg records that ton disck)se with reaSoable accuracy at any tirtie the fInancial positiun of the clwitable company and Enable them to engJr¢ that the fiTharKiJl s12temenls corb)ply iyiih dic Companies Act 2006. They are also responsible for saferdIng th¢ asseis of ihe ciKtable coithpany and hell¢¢ for taking Twonable.%teps fcr dje wcventiorj and deteCtn of f¥aud and other ittwlarities. Thc tru5tcc% Tcsponsible for the nWitiLenance And in8rity' of thE wporate and fLnan¢ial tnformatioii i¥Klyded on th¢ Lharitsble COM0¥ bSIte. Legislation gov¢min£ the pryrntty)D aThJ dis5eminwon of fitWKial 1MentS may dsff¢r from legislation Én othu jvrisdictiotLS. sclosure of ioformation to guditor Each tru%te¢ has tsken tliat they oughi to have takctt a iru51¢e in otdtr to makc themselves aware of 3Y relevant audil information artd to esiablish that the charitys auditOT is awwe of Èbat inlormation. truSS confiml that there is no r¢levant infornwion that kttTrw of and of which Ihey k[* the auditor is Ullawdre. The xnnua] report approved by the ffiisttes of thetharii> on... . and signed on Éts behalf by- B Mccann Tru3tEr Page 9
Beehive Care Gn)up Independent Auditor's Report to the Members of Beehive Care Group c110 Wc have audited the finaDciaJ sthiemerjts of Beehi%% Care GTt>w (d 'charity') for the year ended 31 October 2025, which compr5se Ihe Stalcment of Financial A¢itWtics, Ba]ance She4 Skt•nertof Ca%li Flows. and Notes to the FinancMJ Swements. iKILfiftg a sumrrAry uf SirriC8 rKJlicie& Th¢ fillanci rtpurting frn¢¥rk thal has been applicd ID rs UThiicd Ki4gdon A¢Goyoiog comprihg clritieS SORTr - FRS 102 Tre FiRao¢i31 lieporting Siandard applieable in th¢ UK and Republic of Ircland, and applicable law IUDiled Kingdom Gcnerajty A¢countin8 PtiCe). Ill OUT opin(ou the financial statemeNrs: givt a fatr view of the stare of the 11% affxiT5 a% at 31 2025 atsl of its Incomir r¢50urce5 and application of irsourte$, incllg its incotne a1 expenditsirc, for the y¢ar ihcn ed¢d.. have been prtYFeTty prepdred in acco2 with Unid Kati8dom Gener41ty Accqbted kncounling Pr&dicc.' have been prcpared I accordanc¢ with thc requirements of Companies Act 2006. is for opinlo We conducted vur audil io aCcQTdwe with In(crnatIon Stsndatds on Auditing IUKI OSAS (UK)) and Jlicabk law. (hr Te5Fk)Trsttrililics under lkns¢ #rc fiuthcr Ilwibed in the r¢spJnsÉbiliii¢s (or the audiL of the fin¢1a1 Slatemtnts secuon of our rep)rL We are irWderrt of the chatity in accordancc with the cthical requirejllents that are relevdTht to our aL1t of the financial sthtrtn¢nts tn di¢ UK. Including the FRL'S EthTcal 8tsndard. and we hav¢ fjJlfiUed our other ethid rtlblJtits in 2ceordatLce iviih these rBquirtnicnts. We believe that th¢ audri evidence have obtsined Ès stsfficient 8t appropi'iaie lo provide & basis foi. ow opinion. Conclusion5 relalibg to going t•cer auditing the finwKial Senien[s, we ha rx)nclud¢d that the trtec5 use ofthegoing conttm basis of a0VlIng in the prEP8f8tion of the fi[w11 Statennts 15 &pproprya¥¢. Ba5¢d on the Wrk have prrfornrf id¢ntlfied •ty uw¢uial utt£[ntic1 rctsung or conditions that. individually or colLedively. Iiiay ¢asi significant doubt on the charity's ability 10 tulliinue as 8 going concern foi. a period of at leasi hvelve nthS frDtn wlben dk¢ Origin rJnanci sla1emcts wcre audiorised for issue_ Our rcsponsibilities aThl Ihe rewiisibtlities of the trustcts with rtgjecl to gving concern arc described in Ihe rel¢vant sections of this Tep)tL Other iThfDrmalioJt The tnjslccs are responsibk for the other infom4iw)D. The other Info1[ coinpriscs die iThfomition includ¢d itt Ilie nUal r¢rt. other than financial statcments a]wJ our awjlr's rcwrt thereon. thr opinion on tl rinafilial slaitmenls does not cover th¢ othet information and, cxccpt kn the extlliL oihetWi5e explicitty st31¢d in our rcpjrt. we do not express any form Df asgjrdnce con¢50 thet. ID COnnlInn b¥ith our audit of the rImrlI1 5tsternenLs, ¢xw rtsFk)rfibiliry Is io t¢ the Infornlin and. in do1 Sg. Consider itrth¢ther Ihc othtr infornwts)n materijlly inconsisM wsih the fJnanci&l statements or ow krk>ivled(te obiained in the audil or othtnws¢ Appcars to wis5tid. If * 1det.fy m8A inconsistencies or appareni nlerial ni&stakthents. e ate requirtd ddctmine iTrI)her IlJeTe i8 & nlerial misstatement in the fiF]ancial slatcinents or a mafcria] missialenienl of ihe other information. If. based on the rk we have peiforme4 w¢ conclvde that therc is a rn?tut31 misstateDl of thts inforn2lion. we are required ta re)rE that fact. We have Mthing ¢0 r¢rM)iL in this regard. Pag¢ 111
Beehive Care Group
Jndepelldellt Auditor'5 Report to tbe Membera of Bechive Care Group
Opiniort on other matter pre5cribe41 b)" the CoTrpxules Act 2•06
Itl OUT opinioN based on thc Ik uRd¢dakcD in th¢ WUTS¢ of th¢ a)Jdit
th¢ Information given in the Trust¢es' Rewrt for the fInla1 year for whtch the finala1 statCEJS¢nts are
prepared is consiAeiit with the finalJI statem¢n¢s' alld
the TnLStees' Report h&$ becn prepared irL ¥
Beehive Care Group Independent Auditor's Report to the Member5 of Beehive Care Group Reviewng minutes of of tho$¢ ¢harga wtth goveTn&nce", and Reviewing fjtrwicial 5t&renknt di5cIosures and testing to $upportin8 &xuzxentation to &%stss ¢ompliaDce with applicsble laws armj Twklauon& (10 to the inh¢rcnt limitatiS of an audiL th¢r¢ ts an unavoidable risk thBt may It have detected soill¢ nkterial misstalements in IhE financi 5tstements. ev tknu8h have woperly planned and perfornied our audit in èccotdancc with aLk1iiJng 5raTrJ2r&s. In addition. as with itty 3lldi( thut rem•1 a hi8kn risk of ry)a4cteci of 45 these miy inbrJlv¢ collusion, forgery, inienuortal omissiot7s. misrepresentsUOQS, or tht override of internal contsvls. Our 8udil procedures ¢ desi¥JLed io delect tnaterial misstatemt. He ate not TC5ponsible for w¢veThtin8 -toJpllanCC or and caThnot be expected to nowlianL¢ with all taws awj regulations. If a breath of operatsonal regulaiioffj IS disc]osed to us or evideDi from relewdnt corre5ndeNC¢. an alL ivill not detect i bre2¢h. A fJrthei' descripiion of our ressx)nsibili¢ics i8 awa51abk on the Fiwthncisl Re)rtIng council w%bsitr ar.. Wwi¥.frC.o.dItor5r¢Spollsibi1Illt$. This dfscriptxjn fonThs part ofour a1¢05 repott Use of our report This report is made sol¢ly 10 the charbtabl¢ conjpany's ffiLqrees. as a tk)dy. in widi Chatth 3 of Part 16 01 t1 Comp#ntes Act 2(M)6. Our a11 M4)wk has been undertaken so thar tliighi stsie to the chafbty's trustees tlK>se mailers are required to state Lo in an audiior's report attd for othtr purpos¢. To the IlesL ¢Xl¢nl permitted by law. we dts r1 aceq>t or reswsibility lo anyont oih¢r than Uie charitsblc eomp4ny ond its as a body. forow audit wxTrri for this repjti w f(r thc opinions have formed. Matthew Hodson Bsc FC4 (Serbior Sratulory Auditor} For and on behalf ofH¢Mlson & Co. Sratuiory Audrlor Wt5ton House I WistoTr Avenue Worihing West Sysscx BN14 7QL Pag¢ 12
Beehive Care GroDp StAtement of Finamcial Activities for the Year Ended 31 October 2025 (Ineludillg tneome and Expenditsre Account and Statem¢t of Total Recognised Gains gnd Losses) Ilnw¢riet rllnds Restrleitd 1.otal 2025 Note IncoDK JHd Endowments from: Doiiaiions •iid legacies Charilabl¢ a¢tiviknes Inveslllleni i[¢m¢ 44.464 1,016.468 11222 119.407 163.871 1,616,468 Total incotnE 1673 154 119407 1792561 Exptndlture ON". Raising fun¢ Charitable activities (177) (l J51985} (177) {2.022.218) (4692531 Total •ttslKThEre (1.553.1621 (469,2531 (2,021415 Nec in¢0nKI{expeJI[ure} Transfers betwxn funds l 19,992 71.860 {349,8461 371.160 (229.8541 Net movenienl in funds (251.868) 22.014 (229.8541 Re£oiieilition offund8 Total funds t•L)ught fOrnrd Totsl c4rrÉcd forward 1291,667 12,9S3 2.304,650 19 1039.799 Unrestricted fuDds 34.997 Restricted fuDI15 Totxl 2024 lttc•rne and Endowments from: Donation% and lcgacies Charitable activitie5 InvutmeNt in¢om¢ Other incoine 94237 3:867.Q04 23,522 5 J41 lQ1885 1.250 197.122 3,861,254 2i.522 5,841 500 Total income 40Y739 Exp¢ndltare on: Raising fund5 CThAfitable activities 13.367) 1.628 570 16D) 158.092 13,427} 1.786,6G2 Total expeiMfitUT 11631937 li8_152 1790 089 N¢¢ in¢omellLxptnditure) Tr3n5fers bel furtds 2J58.167 153 517) 1104.650 Net movement in fund5 2291667 R2congJitltsn of funds Total fvnds 13rrKd 19 2.291.667 2 304.650 The notts pages 16 to 29 fo an part of these fmancial staten)ts. Pa8c 13
Beehive Care Group (Regks¢ra¢ioll number.. 13745253) Balanee Sheet as at 3J October 2025 21125 2024 Note FÉxed a%se(s Tangible &%sets 13 1.723.383 1.735.862 Current assets tkbtory Ctt5h 8t bank and IN hand 14 15 58299 512 847 101,062 571.146 781.666 Creditors: Amo#Nt5 falliNE dutwithiu one ye*r Net cwrent aSStts 16 {219,733) 1212,878 351413 568 788 Nei a$sets 230465 Funds oftht thatTity- Restricted income fun4Js Restricted funds 19 34.997 12.983 Unrtstritted income fllnds Unrestricted fiLn¢Ls 2.039.799 2291.667 Total fvnth 2 074 796 The financAal sfatcmcnts 00 pagcs 13 to 29 appmed by the trusttts. and lUdrIsed for issiie on LAio3JI£ atsd signed on thcir behalf by: B Mcca Tiiistc¢ 'rhc Th)tts on page5 16 29 an iu¢grJl part of these fujancial s(at¢ni¢nts. Page 14
Beehive Care Group Statement of Cash Flows for the Year EDded 31 October 2025 2025 2024 Noi¢ CAsh flows from operating activitxs Nct wh (exrKAdithr¢Yinrou {238,506} 1304,650 Adju5trttents to ca51 IIow5 from non-11 itews tkprecialion Investment income Profit on dssposal of Tntangibk fixed a&ts 41,979 (23.5?2) 11,836 112.2221 {204,8771 1321,271 WorkiTrK C¥Ptt¥l adjllstments Decr¢a521(lncretl in debtors Increase in ctyditors 14 16 51,416 (101,061) 21 6,854 s77 {146,607} 2 433 087 'et cash flo3 fTom operatirbg actÉviÉt¢S Cash flows from inves1in% activiti Interell rcoived Acquisitions of tangible ass¢rs Proceeds from sale oftangible assets 12.222 (33,372} 23,522 (1.777,841} 1,836 Net chsh flows from i]]vuling aL%iVjttes 1.752,4831 N¢t {decrea5¢yitLcreasc in cash and rash ¢quivalertts (167,757) 680,604 C8sh 3tLd ctsh equivalents at l knvember Cash 2nd cash e4uivaletyts at 31 (k 680.604 512.847 All of the c&5h tlows are dwived fmm contsnuing opcratM)n5 duriug the aFthE periodL The on py 16 to 29 fo an imtr8rn1 pth of thtse finarKial 5t0t¢mtnts. PaF 15
Beehive Care Group 'otes to the FiDaDcial Statemenls for the Year EDded 31 Oetober 2025 Ch*riiy 5tatu$ The charity is limiied by rantee. incorFwar¢d in EnEtard & Wale& and coqntlY does not have share capiial. Eacli of Ihc trustees is liablc lo CODtyibuie an afflounL tLOL exceeding £1 rowards d)¢ assets ofihe cliarity n (fie event of liquidation. The addiesg of its rewstered otTI¢¢ is- 110 FeTrinK SEreet Feing Worthing West Sussex BNIZSJP 2 A£countiiJg policies Sunimary olslgKlfleant attounting polities and key 2tcoitiitlng estimates The plincipal ac¢ountillg pobties applied in Ilie prepa¥a150n of Iliese financial statemethis #re Set out bejow. These policies have b¢¢n consis(endy appli¢J to all die years presenre uThles8 oih¢TWi%C St8te SIAtemeRt of eompliathce Thc financial stalcmcnt% hayc been prepared in accordanc¢ with Acwuming and Rcpojting by CharitiL%.' Statement of Recomm¢nd¢d Pratstice (applicablc 10 charitics prcparing Iheir accoujjls in accoldcE wilh the Financtal Rcw)rtbllg Stand appITCle in LIK and Republi¢ of ITelaEbd (FRS 10211 (issued in U¢iober 20191 ICharitio% SORP IFIIS 102)). thc Financial RcpoiLill8 SrxndaTd applicable UK aNI Rtpubli¢ of cIalld IFRS 102) and the Conipanies A¢t 2006. Ba515 of prep#rdtion Beehive CaT¢ tiroiip nts the defjnition of a public bcncfil entity under FRS 102. Assets and liabilities initially recognised at histori1 cost or tra115aclion uokss othmwix srale4J in the telEVBnt accouiiting policy notes. Going ¢oncetr Ttie financial ststeinents bttn prtpaied on a going eoncem LBsi5. Tr ha5 considered r¢lcvant uiforination. illcluding ilie annual budget. fijmre tash flo and Ihc impact of substqutnt evenis iii niaknng theiT assessnieni Bed on Ihesc assEssnienls aud havin2 iegard lo thc Tesources available 10 the entity, dic Board lias contluded thai there ts no malcrial urtertain¢y alld diat Ihey can tontinue 10 adopt th¢ concein basi5 Ill prcpai'iii¥ the aTrnual report and XCOWbts. Page 16
Beehive Care Group L%otes to the FiDgntial Statem¢Dts for the Year Ended 31 October 2025 Key 50urtts of esti]naknn llncert¥ity In the application of th¢ Chatity 5 accouDlirtg wJliCi thc Board are requircd to makejudg¢ments, estimates and aS$[nPl1QThS abour the carrying anll1 of &s5cts and liabi15U¢S that ffadily 2pparent from othts sources. The tImat¢s a1 awciated assumption5 are based on hisroriol cxwe¢ and othtt l¥toJs that are con5iderd to be relcvanL Aem21 rcsults differ from these esiimaies. The ¢41rne& und¢r]yin8 kS$U[nptThs aye revic4d M an on8QU b15 Rls1$ w atcountinE 11¥ are recognised in Ihe period irt wthich the ¢stsm is r¢vised wh¢ tht revisx)n alfects oiily that pciiod. or in the period of th¢ revision hd fiLtwe period5 wherE the revision afftcts tyjth cumt and future period& Hou51n% Ptoperties The properties wer¢ trnnsfered from the %)citty. The Abberficld FetriAg Society Limittd to the B¢ehiYe Care Group at their rtei b(k valuc on 30NoverbalJer 2023 of £1.688.957. CurieThily tbc laThJ and buildings is split betsveeo the land ekmeDt bJildinBs elernent. Thc dcment rtlaird 10 ihe buddillgs is depreciail. S18nifanI ¢tration UEttFlainty exi5 ID T¢l#ion to residual vu4 deprlatiort aThJ Ihe split ofthe componcots. Depreetation This rcquiT¢S W tSt11¥tt of #UtscatioTh of &uThed c[ hetwe tompjnert pw¢s bnd thB wfvl e¢onomi¢ live5 of the housing pr()pertiCs. The dwxiation charg¢ for the year 1$ £41.979. Income 2Dd tndowments All income is re¢ognised orte the charity, has eThfitlerncnr to Iht incom< it is probable that the irLcomE will be rcceivcd arbd Lhc amourLt of the incotne reteivable can be measUd reliably. lllGludd 15 iocoaK, thich reyucrkn income ruxib¥bk ID the year of losses from void5 and amounts due from residents for Le 5¢rvices provide(t Restricted inwEne is recogt)ised whejj receivable it¥1 i$ accoutthbk ITh accoidatrx wilh the iestriction placcdon the fd by th¢ donor. Doiialtoiis andlegtt¢i Donations are i¢cognised wh¢n the charity h&8 been n¢Aifd IL of 1Xh the amount settlenicnr d¢. In th¢ t¥¢ i d£lDn is subject to ¢onditions Jrquirt a Icvcl of by tht ctsrity before t charity is entitled kn the fwids: the irtcome is deftrted and not TE£nISed mtil ¢ithEr lknse conditions ai% fvlly mct. or the fuifilment of thos¢ conditions is wknlly within the cotktrvl of the charity wid it is probable t1 ihese condiuoA8 will bc fuifilld ID the reparting PeTiryI. Lzsacy gifts are iecognised on a by case b¥is followiTh8 the grtnt of probate when the adn)inislraloriexecutor for the tstalc has ctsmmwiicated in bJth tht amulll and s¢tslement date. In the eveni LI1 ttte gift ts die form of asset other tlian cash or a tinzncial 8$5Ct ts2ded on a J'c¢ooniwq siock e%Èhan8e, recognitiort is subject the value of the gift being reliabty m¢uJthle with a (kxree Oria90abIt accllracy &wJ the Utle to the been itansFerred to the charity. Grufvts receivable Grants are rccognTscd when the c]Jsrity hes Wh entitl¢irt¢Tht th¢ fvnds and afiy coJ¥JitiDDs linked to t[ grants e bttn niel. Ilhcre perfCmnCc copditions are attached to the grani )rt ¢0 be mel. Ihe incomc is recoglliged as & liability ar Included on the balangteL dcfcrred irKome to be leased. Pa8e 17
Beehive Care Group Notes to the Finaoeial Siatemeots for tbe Year Ended 31 October 2025 Deferredincome Non-housing in¢omt rcpres¢nts intome from clients 6)r domi¢ili&ry care seNces I¥jed in Iheir homes and is rccognised when the service ha5 Eeen wovided. xpenditknre All ¢xpetLdityr¢ Js recoyiwl unce kn is • Iwl or cofftstrwv¢ obJi8alM70 b) exp¢adikne. tt ts proknbl¢ Scet¢t is requtred and the anUnI can be mtrasured reliably. All Costs ar¢ alloca¢cd to the applicable ¢xpeThththre heading Iliai 88gregate similar costs to thw utcgory. There ewts onnoi be directly attributed to particular headitlgs th¢y have be¢Th all4xat¢d on a basi5 consisreiit the of resowccs with ceKlral staff Costs allocated on the basis of IiFllt SPCDL and d¢pTCCi3tion charges aljocaied on of thc &8stt's use. Other support W5ts Jtt allocated based an th¢ spread of staff costs. Rai¥ingftsnd% These are costs iThrred Jn at(racting voluntary Inco the of invethwlts and dmjse inuJrrEd irb U7ding a¢tivrties that raise funds. ljiqrfloble dclimiyes CTharilable txpenditt]r¢ comprises tljose e05ts incurytd by the eharity in the deltv¢ry of its *tiviti¢s atsd s¢ryicc5 fur beneficiosE It Incl25 k¥ih costs that can be allorated dire¢tJy to sh acknvitses and those costs of an indireGt n2ture JKce5W to sA)Drt thenL Support colts Support costs itKlude central fut)ctitsns and Iwve beert allocaEed aaivtty cost catcgoiies on a b8SiS tr>n$151ct]t Ili the use of resouTCts. for examplq alkKating property ¢osts by floor 8reas, or per Gapit3. ¢aff costs by the tim¢ spent and other costs by their us4e. Governante ¢osi includin¥ audii strategic nwMgemettt t4MI truoee mtttithg5 and reimbursed ex. lyretoverable VAT Irre¢ovttabl¢ I'AT is ¢har£ed against t1 cat£Bory of resrwces expetmltd for thIch it W&8 incurycd. TangibIe fixed a5tS Tangible fi¥ed asscts li¢]dIng social housing PrOrtIes) are thted at deaned coll le&% accumulakd dcPrecli0 and Y tlyirment k>55C5. C051 includes t05ts directly attributable to mBking the 8sget capable of operatithg as iJJtended such as th¢ cost of land I11th Lxpmditurc improv1)e}11&. Expenditure on improvemen15 ivill only be c2pilalised whu it rtgjlts in incr¢nwthal fuiure benefits such increasing rental I[0e. rducin¢p mzinteTr3llC¢ tsJ5ts or resuliing in a signlficani extension of die usefvl ecoN)mTC life ofthe prDpeny. Dcprecibtion is provided on tangible fjxed assets 50 &8 to wrtte off the o)st or TRI10 le any estimated Itsidu31 vahK over theirexpectcd ¢corsomic life as shoi¥m b¢low. Page IB
Beehive Care Group Notes to the Financial Statements for the Year Ended 31 October 2025 Depre¢latioM and #morti5atiDn DepreciafioD is provided on ian8Lblc fixa I15 SO B5 10 write off the w41u8tio Icss ttny estirnued Irsidual val, over their expeut41 usefvl econDmiC life as hllow5'. Asset cknss Land HousÉng propertics. gh11Cture Housing prop¢rties- roof and pving Housing propertle5- win&xvs. heat¢tyg systerns ad bathrwn Housing properties- kirrhe8 and lifts Housing propeTb¢s- electr sy$ten Hou5iThg pToperti¢%. boile Other langiblt Ileprcciaiion chargc- Fixture5, fittings athl equipme L¢2sehold itttpmvctncnts Mowr v¢hi¢les tjeprttiation aDd w•te No depreciation clwged over ?0 ytars over 30 je8 over 20 y¢2Ys ovu 40 yws over 15 years 12.5%- 33% pcr annum siraight linc ov¢rthe luse ierm 25¥0 F¢f reth]cing balaoce Imp#irwthi of Ihed #sstts Ai each rythTin8 dai< the reYiEW5 the c¥ryin8 ofits wcts ty d¢rmint heth¢r there is arty iC2t1 that those assets have suff¢red impaSmnt lo#. 11 any such indiGaLioJJ exists. the rccoverablc amount of the asset is esliinalcd irtorder ts) ddcmjint tl)c ¢xtwrtof Jx iJnpairni¢nt Ii)ss lrfany). Tre dtbtor5 Trade debtors are amounts due from ome1S f$¢]¢¢5 perfonned in theorthoary course of bu5iTh¢$5. Tra& ¢kbwrs ar¢ recognisa initially at th¢ transxtron w¥¢¢. They aTC ¥tntly measuttd at amortised cosl Usbng the effective TrnteTcsr MctI)d. kss provisll for imwrmcnt. A provisu)n ktr tIK iTnpainntmt of tr2d¢ debtor5 is es12blL5hed there i5 ohjeciive ¢vidcnce that the charity will be able to )llect all amounts duc According to the original tern15 0(the recciv&l¢s. CAsh t25h equiv¥lellts C&sh and c&sh equivalettts COTtLprise 5h op hand and Call dwosits. and otTrr short-term highly l¥iuid iTb¥estmetils that are rli]Y convutibk to a amounl of cash and are 5ubj¢¢i an insignificani risk of cliange in value. TrAde creditor% Tixde creditnTS arc 0bligats0i lo pay for goods or servrce5 that have acquired ID the ordiDary course of busincss froin suppliers. Accounts PYdbl¢ are classifird as curmi liabilities if the charity does not liave an jw£*dI1ltrI righ4 th¢ rwj of thc rrwJrtiTr8 PryToQ to defer of th¢ credtior for 8t Igasi IWEIVB JrK)nihs after the retknrting date. If there is an Ondi[10al light to d¢f¢r settkIt for lea twelve rrK>nths afler the rcporting date. they are prcsEnied as n01p¢trent liabililieL Tra¢k Grcdiltsrs are recogniscd initia]1s at the trans0 Prict wbStqUtIY incèsurcd a¢ anrtised ¢os¢ V5ing the effective inteicst tnciljod. Page 19
Beehive Care Group Notes to Ihe Fill4ncial.Statements for the Year EMd¢d 31 October 2025 Fund Structw¢ Unrestricted in¢onK funds are tunds dt are avditable for use th¢ lrnsw discr&ion iTh fvthrance of the objeciives of Ihe cl]arity. Restricted ittc4)me fiujds are tlxK donated for use in a particular area or for specific vtge ofwkn.eh Is res¢ricttd to that area or pww)s¢. Pensiom aDd otheT ptssi retirthwit oblig#tlo Paymtnts to defitkd Colllribuiiort retirement bencfjt sclxmes rlwged 45 an cxpense as they fall due. Emplo}'ee benefitx Th¢ c05l of any utLTLSed holiday cntitlemert i5 retogntsed ill the rIOd in wthich the employee's scTrices rccetved. t¢mi¥nat¢ th¢ ¢mploymcm of emphitt or lo PvIde tem1in8t benefits. Flnancigl ill$trumeats The charity has applied the prDvIsio of Seaiott I l -Basic Fi[Wll 1n51rurffn and Section 12 'TheJ' Fhwcial Inst[unnt 15sue<' of FRS 102 to fftts fiNncial sthtrEncDts. ReeogTriliwi Fina181 lnsfftllnels are i13$sified zttd accou¢d for. &cording to thc sth$(tnce of the coThtrauual arranethi¢t. a5 cidicr financi avActs. fiDaTKral liabJliti¢S or equity inswnients. An ¢quily striAllent is any ¢oJ)tract Ilknt evidences a residual interest tn the ass¢ts of th2 company atkr deduotsDg ail of its liabilblics. 3 Intomt frthm do11105 aThd kgaeies UDr¢Jtricttd rumds Restricted l¥nd5 Total ldS Donations and leg?ri¢s- Donatiohs from indiiidu&Ls Grants, Includin capital 8rants- Granl.s fTOrn Other dwities 18.987 99 21,386 25.477 117.008 142.485 'lotKI for perlod ended 31 Ottob¢r 2025 Total rot period ¢nded 31 Odober 2024 44.464 119,407 163,871 197,122 Page 20
Beehive Care Group Notes to the Financijl Statements for the Year EBded 31 October 2025 4 Ixome from charitible Sedvides UDre5tricted Restrided fuiids Total Cunds Gthetxl Housing chargcs r¢ttivablc Darlli¢iiiary care Support P1rJgr[ll¢s Totsl fot period ended 31 O<tober202S Total for perlod 31 Otiober 21rt4 1203,664 349,312 1.203.664 349.312 63,492 1616468 1.616.468 3 867 1YJ4 a50 3 868 254 S Inv¢stmeiit kneom¢ IIDrestrlcted fund5 Totsl runds Interest rccesvablt and sirnilar in£ome- Inteyest receivable bank d¢posffS 12.222 12.222 Tut#l for ptrtod ended JI Odber 2025 Total for period end¢d 31 October 2•24 12.222 23.52? 6 pditrE raisillg lunds •) Cos15 of gtnerting dtionS l¢g£it8 Total funds Nole Direct ¢ts Costs of genernting donations and legacies Totil for perlod ended 31 October 2025 TotAI for perlod esthd JI OctobeT2024 177 L77 177 177 Poge 21
Beehive Care Group Not&8 to the Financial Statements for the Y¢ar Ended 31 October 21125 7 Expenditure OD charithble aetivitles L.Mru¢ricied fund5 Getteral Rt5tricted ru Totxl rwids Staff costs Depreciatioll and impairment Food, household and care wsts Garden maintenanc¢ Rent and rates heat and power Cleaning and sundry General repa(rs WK1 niaitsrenaKe MotOL' nthning expensts Bad debt provisi¢J G)vernan¢e eosts Support W515 759.967 45.851 87.471 4,090 44.569 305.51 1.065.478 45,851 91.68E 4.090 73,902 32,624 53,275 84,098 4.110 5.210 29J33 52.189 77.781 3.945 12Jll 18.684 413 653 1,086 6.317 165 18,684 535 134 121.481 Total for pertod ended 31 October 2025 Total for perlod eIed 31 Oetobtr 2024 1.552 985 469 253 2 022 238 1,628.570 151092 1.786 662 Page 22
Beehive Care Group Notes to the Financial Statemets for the YtAr Ended 31 October 2025 8 An&tysis of gover¢¢ suppDrt ¢osts Support tosts #llotattd to ¢karitsb]e etlTritles Covern*tttt Adzntlli5tratlon eosts TolAI funds Basi$ of allocatio Direct Direct Sraff costs InsuTwe Telecommunicatiot15 Affili8uon and rryistration frcs Printints - postagc and sraiioLery AdvertlSlDg Drect Accountattcy and boOle9)ing fees Ditect Bank charge5 DiT¢ Trav¢1 and sub5iSLence Direct Computer ¢OSts Dir¢ct 403.403 26.255 18,086 17.387 10.095 14.651 26,831 1.819 1,559 IS.048 403,403 26.255 18.086 17.387 10.095 14,651 26.831 Dire¢i Direct 1.559 15,048 6.Q60 6,605 Oiher fccs to auditors gal and profc5$ion81 To¢41 for period tnded 31 Oct¢btr Governance 6h05 6.01¥ Govenwi¢É 535 134 553 818 Total for perlod eRded 31 Odobei 2014 340716 377 409 Governsnce costs Unre5trid¢d funds Gentrai Restritttd Total fuJd5 Audit f¢es Audit of d)e flnancial stAt¢ments Other fees payd auditors Legal fees Totxl for period ended 31 Oetober2•25 Total for perfod en4Jed 31 October 2024 6,060 6.60% 6.060 6.605 18,684 349 26.693 Pagc 23
Beehive Care Group Notes Éo the 3)1¢11 sttennts for the Year Ended 31 October 2025 9 Trystees remun¢ration and expenses thJri118 th¢ ytsr Uic charity Thde Iht followktig ¢rdTh%acii0t with trrn. During )e year£l.000 w&% ¢lbUr5ed b) trttstees for adrtill8 costs Nlo tThstees, ncr arly perso Conne¢ with them. have recetv¢d anv rtmuwtion (tDm the rharity duriDg the lo tr$t#S received any reimbursed exp¢wes orwy othcr bEnefits fmmthE charity during the year. IIF Statr¢osts nje aw¢gaie payroll costs were as fDIIows: 2124 Stgff costs durlng the yearwert: Wages and %ar1 Sla1 security costs P¢4isLOLi costs 1,278.815 1,166,343 77.¥LMI 20.980 21,542 1413,381 265 123 The nKJnihty •¥ua8t nLtynb¢r of {irKlwJing senior I kthip team) 4ryloy¢d by th¢ ch4wSty thir1 th¢ yw #s fvll ti0 ¥s As follows.. 2025 2Q24 fanagerncnt 2nd adniinistration HouSekttP, assisiants S1 ¢l¢anus 65 62 71 67 Th¢ nunibct of employees th en]oIWw fell within the following bands w&$: 2025 No 2024 £60.001- £70.000 £7Q.001 £IO.000 The total empbycc benefits ofthe key managem1 peTx$l of the cl4ritv £145,12612024-£159280). Pag¢ 24
Beehive Care Group Notes to the FIanCIal Statements for the Year Ended 31 O¢tober 2025 11 Auditors, remwier*tion 2025 2024 Audit of the fina181 statemejts 5,670 Other fees to auditors All other non-audit services 12 TAX&tIo The Clwity is a registered charity atyj is thereforc excrnpt from t2X10 13 T%ngibk red assets Land and builditsgs FurDiture Tolxl CosÈ At l November 2024 Additio$ 1,619,160 1,650 83,221 5.453 1.777.841 33,372 Al 31 (ktober2D25 1690810 Depreci8th1 At l Ni ovembe¥ 2(r24 Charge for th¢ y¢¥ 26 J32 13.659 15.773 1.711 16 41.979 45,851 At 31 October 25 55.794 29,432 let book value At 31 O¢knber 2025 1.635.016 2.849 I,7 383 Ar 31 Octobei. 2024 166?.028 69.569 3,665 Included within tlL¢ net tM)ok valu¢ ofiand and buildinss aiN)ve is £1.635I1612024- £1,662.5351 in rt5P2Ct of freehold latKI Htd buildisws and £ (2024- £941 in rr-wt of le85eholds. Page 25
Beehive Care Group Notes to the FiNancial Statements for the Year Ended 31 (ktober 2025 14 Debtors 2925 2024 Trade debtors Pr¥aymettts Accru¢d income Other debtois 34.741 22.348 36 849 35,893 18.382 2,071 101062 IS Cash and cash tqubvthnts 1025 1024 Cash on hand CJ5h ai bank Short-term deposirs 607 28,573 483.667 695 179.175 500 734 512.847 16 CTeditor5: IttlOllDts falbng year 202S 2024 Trade cieditors OiheF taxation Attd Social security Ollicr cr¥ditor5 Accruals tkferr¢d ir0M¢ 2L882 53.984 105.612 12.540 29.947 40,140 92.569 24,745 219733 212878 At thc period end the charity had deferred ittome of£24.715. this relates lo inw>Jx froin the Naltonal L4>11ery fundin& Th¢ 2nM)unts were for the 'RchIng Comniunitic&f Partner5hipg fvnd. The fvndiTrg is lo be used to increase foolla]l * The Ffjve OV the 3 yars of the gTant whicli stsrted in Au8USt 2024 and M]ns unul July 2027. Th¢ aiiiount in dcfcTred income is 3 llM)ttths of a 6 nK)odi paytnent [Y¢d. Page ?J
Beehive Care Group NotLs to the Financial Statements for the Year Ended 31 October 2025 17 Obli%ation$ uder leases aud hire wtrth•se eontracts OperJtlDg kase commitMets Total future minimalln lease ImmlIable opernttng ius¢5aTe as foltows.. 2025 2024 nd and bmildings iihin one y¢er Bclween on¢ and fivc yedts 41,(MbO 35,0(KJ 83,750 118750 IS Pensioll aijd otheT scheme5 Defined coR¢rfbu¢ion penJlott scheme The chaTity operates a defin¢d collTrUt10 Fn5itin s¢Tr*mc. Thc pen5iOll Cost charge for the year rwrescnts coniribulions payable by the charity lo the seherne and aKllounted to £21.542{2024- £20.9801. Pag¢ 27
Beebive Care Group Notes to the Financi Statsments for the Year Ended 31 October 2025 19 Funds B413n¢cal 31 Oclober 2025 November ID¢01% Resou¥tu re50rtts ex Trnsfers 2024 Unrutricted fiJTh15 Gener41 LTrtr¢siri¢ted Fut$ 2J91,667 1.673.154 {1553.162) 1371,8601 2.039.799 Restricted fiJiid5 Caenter Box F]dIR For Prtdc At The"ve Cunningto Hive Dollation for YouThg On%et Dementia Hub tk)n•uon for Hub Setvitts Rea¢Fung Communitsesl Partnctdup Musi¢ Grant For The Hub Sponsorship Money Frojn Sianford Legal Lwicing Lancing Build Lottery sGr¢f Lancing Wailrost Donation EIOOO WD.4A Hive Don*i0Th5 £973 450 {170) 280 426 2.426 7.800 7,800 2.1 (784) 3.406 500 {SS5) (551 5.000 i 1,000 II,w) 95.508 3JOO {467J611 371.860 {37KJ 624 973 973 Tolal re5tritted fMThds 12.983 119.407 469 2)3 371.860 34.997 TotAI 2,304 650 1.792 022415 2 074 796
Beehive Care Group Notes to the Fkn#ncial StAtemellts for the Year Ended 31 October 2025 The specific purp)su for whRch the ffiJTrls arc ro E< applied are folk. The Cpenter Box Flltsdin£ for Pride as the Hivcwa% a th)nation for cernInL r¢fr¢shin¢tts and ratiOnS for the evental HI for the LGBTQF. Curnin8toN- this was money donated be used for YOUD8 demcnlia I818Mme5. Hub donation- thi5 is a dortI)n to be llsed for Hub servIs. Mosic Grant IOT Ihe Hub - PovKr Df %1¢ fund is a 3 year funding rtkr Stay Vlxat thoir and is in ord¢r pay for a l¢ader, staff, refcrshmellts and eqtsipmeDL Swllsotship Money from SlznfoTd and Legal - this w&% sponsorship for Dementis Action Week- this was f refrc.8hmcnts at The Henry wb for 50 people affcd¢d by d¢methti The Stay ActÈve fund. 4i¢h inclth grant irKome from th¢ NatK)nal ttery. as rI1 ès incom¢ frim servicc SCT5, is ttstricted for the of providing the Stay ActiV¢' day setvice for people living wilh demelltia and their ¢aters. The Stay Social fttnd. which tDeludes grdllt incotnc frim th¢ Naiiottal Lotlcry. as ll Is COMe from scThice users, is wstrieted for the pwwe of promdihg the Socie5 'Stsy day seryice for people living with dell(12 and Ihcir carers. The Hub illme r¢preseuts tEwme from the nlOal Iotttry with regards kn the costof living fiujd grant Thc Reathing Cofflrnuniis& Patlner5hip incornc is in¢on fiom the national lolkry fw¥J, lo inGrr&ge the footfall at the Th¢ Hive. 11ie aim is iUtreas¢ fwfall by 3(40A yw on over tbe 3 years ofthe y[t {the 'ant is wjiti July 20271. 20 Anoly5is of net atsets betwÈétt fllnds ihjrestritted TDt8I funds xt 31 October 2025 General ruDd5 Tattgible fixed assets Current a%sets Current liabilities 1.723J83 536.149 219.7)2 1.723.383 571.146 1219.7321 34,997 Total nci 34.997 2,074.797 Unreatrie¢ed Total fvnds al 31 0(iober 2024 Re$tritLed funds Tangible fixed a8scts Current as5¢15 Current liabilities 1.735,862 768.683 2l2.8n 1.735.862 781.666 {212,878) 12,983 Total net a55cts 12,983 2.3Q4.650 Page 29