Comparty regimiion Thurnber.. 13745253 C1wiLy ￿￿Stration number.. 1204867 Beehive Care Group {A comp￿ limit¢d by gtwantee} Annual Rcport atrj FIr￿￿ra1 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 Stat￿ent 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 F￿1¥1￿ & Waks. 110 FetTing Street Fcrr1Th8 Worthing West Sussex Rtglstered Offite BN12 SJP Hthlson & Co WI￿0￿ House I Wislort Avenue iDrth*ng 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 othtr*is¢ 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 Obj￿11￿5 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 IRtE1str￿d 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￿¢beRe￿I 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 re￿d to the public bcjjefii Euidw pth11sl￿d by the (Jjarity cOn￿lsS￿ln 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. el￿gh ￿ hsve iw)Jks the c(Ntng yeor. As pr¢viously nu11￿. Curnwell Hvu5e will undeFth #n eyrensive rEfuTbtshmcmt im the comwg 12 This is by ovm adini55ion. lorkg overdue. The int￿¢10Th tsf the refi]Tb is to tra￿(omI the home tthto a smaller inor¥ inÈunate Garc fa¢iliry with le55 Y￿￿deftts butmote sraff. thcreby in¢rt￿l￿g the 5UpW￿ ta￿ and int¢radions Jyquired Th¢ chatity contlnues to wvrde dementia support wwtes fix>m funding se¢ured through The Nalional Lottery, Reaching Commwiitics Grdnl. which has ¢t￿ble￿ ￿ to WDtinue to provNle the Community D¢tRentia Hive. b￿¢d ill ai 50 F¢rTlrtg Street. W¢ havc ￿s0 in1.￿¢¢d charitsble funds ￿ opeD our new lancing DeEneia Hive ivhich opened its d¢)on in Mi ay 2025. The supwrt seThices these Ht%rs provide eontinue ￿ bc ¢xtrEJn¢iy PLyuLAr 8ainiTh8 mmitnllmi cw rnoTrth. It ckawly idthtif￿d u5 that thue is • sJgnifKwit element of need withitt OUT widu ¢ommyniry. Th¢ ¢xpan5ion lo LaDcin8 has alloyrd ti)e 8ervic£5 10 grow ajid CA%1 our n¢t %vider to re￿h out io more people needing OUF SUPP)ri Ihrougli difficult a)Id ￿￿Ollo￿al times. Lancing is inrended to be the first of an expansion woBram for Bcrbive that sees the opertillg offiwth tkm¢niia Hives across our h￿tty. Old Schcrfbl Howe h&$ stayed £4)￿SistenI￿ at fi￿1 ￿cUpatIOn during the ycar. With an average age high¥ th2D th&t of our LaFe honi< t¢ is tkar to s¢¢ that timc appropriate siipw>rt in lat¥ life alLow5 people to have a ￿lItt aL¥I IMr¢ indepEndent life for longer. The Ilouse abo hol& a CQC rcwstratson ￿[ch niean5 we caii piovide additioD31 ¢are and supporn duiing limes of ill hcalth c￿ *Jditional care is rc4uired for 01h￿ rworks. We also ts)Id au extensive waiting li51 for the wvicc. I￿r Siipport at Home domiciliary s¢ryice has a150 irtcre4sed in client hours and the emp]oymu)t of a laTgei" team delivering more ¢are 2nd support hour5 to our community. This h&s e￿U￿1 the s¢Thicc wa5 eitkr ¢overin8 all ¢ost5 or making a small surplus every last year. This succBss ss dowo 10 the change in Manag￿l￿nI of the servi¢¢ last sear k¥hk¢h has provcd vu> successful along with a leyal and hard-￿rkJllg support tesni. The land5cap¢ of ure con¢inll&s to challenging for providu5 t￿?72111 ￿der prtssllre an Inany fronts. The future of care as see it Mow, is an unsustainable model for gencr#¢ions. Wiile 5uccessike CQtILIILUC to bm this iJ5UE iTrfO iht k)ng yw. t#re providEts &% B¢Ehbv¢ Cw¢ att requircd to try and fill the shortf￿1 in fi1nd1￿ in itnaginativc ways thile tyipg to 3Jso ensure th¢ vi&bility of i￿¢ orwiisalion is sustainabl¢ and ruerv¢s a]¥ oot completely dr*iKd. All this Wthile tying to pay stair fairly alld keep Clieklt fees reason&bl We ha￿ Ixcn vrTr" fortu￿¢ thl K hz%r nun*8td to rt)ir¢ #aifTri¢h i hrgh level nf prof￿1onalISm. Our starf reieiition remains 11sgli acros5 arg2nisau¢HJ. In r¢cogllition of a very compeiiiive tmplo)ment nurkel. the rthitwed s12ff pay. pr01m￿nal structure 3od benefits to ¢tL5ure we rerllain a compelitivc ernploy¢r in the local ara Wc w Jy)w proviiE¢ staff working for Bethive Care with a rAnge of ddiiional benefits. which tnakes Beehive Care a atttaciivc tmployci in a tonsisttfitly over$81uraled sector. We alsv tavour inlerLwI promlio1￿ and cafttr dcvclopmcnt before iookuiR¢Xtetnalls' to fill Man￿41cMent roks. Page 3 Beehive Care Group Trusttts, Report Key indicwor Key finan¢ial and non-fJnanci￿ perforntance indica￿5 A.*.%tared in our 5-year platt wiiich reDJaiDs in place until 2027. ourkey #tscgic objectivu are to.. . I￿rEase finart¢ial Yesilienc& • contin￿ to dEve]op services ftir rKople IiviDg with tlementia and tJKir earEts. . DelEvei" higlFquality, mcaningful strvices older people. . Inci'e3se our cotnmvnity's T*rceptioth of u5. . Continue to build a Carl￿0.. Sup￿rtiVe orKawsatN)n. Tlii5 will Ee aehicvcd by.. . En5yring that all ourserricrs contirbue lo grow in an in¢Te&sipgly Challengi￿ and ￿￿petItive ma¥k¢tpla . Develop more Cotnmunity tkmentia Hivu acTOSS the locality. . PtDviding targei¢d servrces delivered thmugh coL%ulration %￿th stakcholdus. . Continue to bc an iTrteg￿ pth ofthe commwiiry. as participants provid¢r5. Cr¢atill& 2thd maintarning x culture of urinq that cncompakse$ all things.. lerAiers cwing a¥A)Ut ernpFoycc% eniployces caring for cach other al￿ ¢￿Th￿r5 and sllppliu4 aRd eIrr￿ne iti otroT￿ilsatiots caring aknu( our nit55ion, Vi5Kbn. al￿ values_ We will fftonitor and ev8Juate wfomjance against the 5-ye2r pkn i1wo￿lOUt tli¢ year wih reg￿lay PoATd rneetings, the Govemince sub-¢ommittee and OUT Finance SUF￿0MMIttee to ensure that we demO￿trate accountability to stakebolder5 by rouunely revI￿￿ng the stratcEy. OrgantsatK￿I p¢rfoMuL￿e atsd that ourpolicies ar2 aligtked ￿th the plan in¢1￿11n8.. . Buildi￿8 and MainÈenan¢¢ pl￿￿. b R¢cruilment and reten(￿n wlicies and strdtcgy. * Comniunications ￿ld Ma￿tUD2 policies. . Dem￿11& strategies. . BudgeL sctting. Regular visits by Board memb￿5 to all seThices allow any r¢sidenl or m¢rnber of stsff to rw5¢ conceYAs. These issues are then re￿rted 10 thc rC$p￿tr¥¢ manager. sei)ior Ma￿￿el￿t￿l and substquentty to the Board. Selecltd meJnb¢r5 of the Board are Jso reswrtsible for sptcifK aTta5 al ¢a¢h STte and follow C guidel&JJtts Eo ￿SUre iemayll u)mpliant and effe¢iive within our governillg bDdy. Fijkanelal revie Th¢ ¢asJFlo-equTty ratK> beld by the charity year etsl i$ 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 I￿l￿tte5 thc ITanfftrof 3$5ets •ThJ tÉabitiltes fvona The AbW)¢hl Ferri￿ kn•tty ￿miled tsf £2.229.519. if this wer¢ gxcluded the prior pmod th¢ Dct i{Komi￿ ruA>urcts for that peritidwDuld be £75,131. Page 4 Beehive Care Group Trost¢es' Report Policy on reserves Tli¢ charity receives in¢onK from three 50wr¢& Thtse are grarf f(%ding. fvndraisin8 and tDcom¢ from setvices provid¢d. lI￿Orne from unrestricted fi]rhds £1,67J.l54 {2A124-. £3.990.104. this in¢bdes the Iral￿fer of assets fium The Abbeyfield Ferfing S(Ki¢ty of £2:229,5l9), and r¢slrÉcled £119.407 {2024.. £104.6351. ResoJr¢es expended wett £2,022,415 {2024.. £1,790.089). A5 Xt 31 {k￿ber 2025. ttstsj funds wcrc £2,074,796 12024.. £2,304,650) of vthioh £34,997 (2024: £12.984) wue re5tric*d. Durillg th¢ year. sptJyJing on diEed charitsbk a¢tivities represented 99.9%ortot￿ exp¢ndiftl*¢ The Trustees havc eXami￿d thc charity's Tequiremrnts for re5erv¢s in light of the main risks th the organi5atioJL The tnLStees will continue kn review th¢ financial affai15 of the char&tv with th¢ aim of incttasing incomE. cuttitig Costs 8Dd improving the ovetall control olils oprraliDll5. The seiiK)r rnanagtment tearn have ¢srablished a p)licy approved by the IKiard wlKrcby ihe Ullrtstricted funds oi ¢onunitted or invested in tangible fixed &%sets. 'frec rvzTVCS". hcld b> the st￿￿]d be a minimum of 3 MOTh￿￿ core n]nnink costs. Based OTr the costs for 202415: this slands at£505.000. The charity a150 a c&%h reserv￿ policy which ensures the clwity mwntsift its tmain fvnaion in the event of a disaster for two morlths wsthour iDCOm& Plw for fvtuye periods Ahiu rmd*Éy objeclivesforf*threperiods AitD$ and key obje¢tives for fijture ￿riOdS Our Mission V￿￿n. 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 F*ople livc fvIL meanin8fv1 live5 and vt valucd for IIKir omrrib¢Jtion to socKety. Wc are ￿*InE the ￿rd HtVE as an acTOrtym th S￿11 out th¢ vis¥Jn we hold au'0s5 thc or8attisatio H¢aTtf¢l¢ Setvice.. Providing genuine atKI COmp&￿10￿al¢ r4re ￿ the ¢oThmuruty. prioiilising their we114)eiDg over profit. Inclusivity: Fostering an iRctusive eiiViTonm¢nt where tran4werty and apr￿oaCh8bl1iry parsnMMJnL ￿sUrIng l everyont fec15 welcomed and valutd. Visionary EngageM￿l-. EJi8agiiig wjih the ¢omrnuTrity a t￿ni￿lI way, listcning to their needs alld aspirations ￿ dcltyer 5eT¥*ce5 ihar mak¢ a difference. EtMpath¢ti¢ Mindsel. Cultivating a rnindfvl and con5idcrak aPP￿d¢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 * maint*iTh servic¢s that ￿ ol a h¥h quakn'ty. 1x81￿ed 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 I￿1¢￿t￿g aiid leamittu from th¢ p¢ople we provide sesvtces for. We will d]V￿SEfy 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 rob￿81 senior managenKni te8llL The Board lias recruFted new nicmbers this year attd ￿rydertaken a 5ki115 a￿•1. B￿ed 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 Tw*e¢s both Te¢ognise thc need ty tontintTousty r¢vi¢w organiwional costs withaut jcop8tdi5ing thc qua]ity of we off¢JEd kn 0￿￿￿1¢nts and clietl5. Sttructurey go¥Efu*Dce *Dd Th￿￿0¥eTt￿nt Nthureofguverniog docuMEnl Thc oiganisation is a charttable company limited by guaraThfe4 rrKoryor*d 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 co￿pan￿ 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 U1￿41P￿)iN1rne￿lojlr￿jtees All the direethr5 of c￿￿paN￿ are ￿$0 T￿￿te¢S orth¢ charity. aNI t￿￿e are w othtt tsustees. The board of Trustee8 has thc ￿)Wer to appoint additional trLLStees as il coosth fit lo do S The exeurtive bo￿dSha[l ¢onsi%t of rn i￿S 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&le￿i 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] T￿l￿tes. Th¢ trusteBs a150 fonTr Ihe Fina￿ Committee ￿ SLTutinisc the (WNi￿lDnl and the GovLYRance Committee to ens￿re ¢ompliancc, %tre45gthco EK>licy an￿Y5¢ ¢han"ty aim5 and aThbitions to PtBscnt njore robus¢ papers for proposals ￿ the boattl. Page 6 Beehive Care Group Tr￿lee5, 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 daY4￿daY re5fA)tL5ibility for the provision of th¢ s¢rvices rest with th¢ Chi¢f Ex¢¢ulive. The Chie[EXe￿tiv¢ is resp)llsible for enslltiE8 that ¢he clharity deliyers the services SEtcifi¢d and that key pcrfomiaKe indicator5 are rnct. The charity Malntiit￿d it5 p)licits and priKtdure5 Io cnsur¢ sLdf. Thanagefy VOI￿lttts 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 Pe￿e￿I￿gE rot all salary inueasts is b￿d on the ttational inflati¢>n rate. The senior management le￿ h85 5aJartcs i￿k¢d in Eon¥arison to sinrJaT4izett tharitI￿ ID the iory 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 C￿11￿$ 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 s￿ary bill for th¢ year. A tharouah ieview of the budget setting prr*ess atKi iw4g¢ factors was impl¢ts*nt¢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￿]￿r￿J competitiF'e in die Tvarkei a￿1 within the locAltty. Tlw were rev$c￿d durlng the fin#Kial yw lo bctter rtprwat th¢ It￿1 of cire providttl. thc jIKTeased opcrational cosis in the euwrcDi financial tnvironniemt iTrAii15t remaining as affordable 85 pra¢ticable for our ¢u51om¢r5. co1￿111011 ofihe Efinie It is clear Ihal th¢ lrlfrasir￿1fe is sI￿ll1g sigrL5 of age aNI deteTiOrntion. cotsthiiicd wth the inipacts of climaie cliange through incre2scd he9uencj of ￿([C￿e I￿Iden￿ the ￿tell(l￿ for sigDificant brtakdoivn5 andlor niajor repairs being requir Corn￿<1] Hou% presents the major risk ID thi5 a￿1 **ilst a good kvcl of prevtntrdtive M￿￿te￿anCe ntillues. Ihci¢ are likely to be unfores¢en reactivc major repaits required in tk not-tOO-disEant fuiure. In the Iming year we will btgm a progrdm of Ten0￿[￿ for the hous Valiiefor Djoney The fIranee subcomtnittee continued to scNtinisE organtsalional eosts and expe￿Il￿1[¢S irL L¥JlljLllbciion with the Sertioi M￿ageMent Team. Tlie ¢hai"ity focused on redtLLing stsff I￿rE￿ver. incrtsisiog sraff ¢fficiency. ￿ lltilistng eonttlcted stsff hours effic￿tty. n￿nag￿ne￿I also led kn Gll ¥aKies quickly io igoicy spe[¥ji￿ ai the care twnie. This will reduce Edditional and c¥pensNe agen¢y fr< partÈeulaAy al rtig]L Further miEi8atson has beEn undei1ak¢ii through (he introdutti¢M of smaT*f i￿01k mstets better reflectthe of our cDstomus. Tlic Board'$ Fi￿nCe .sU￿0mmItteE tbTrer regularly througlLOUt die year. lev￿1ving the nioDthly accounts. researching wdT1a￿eS and provEdirJg ¢ktaile41 Teports at Board ￿￿TiNg5. This allowed die Board to ke2p a closer eye ott Ihe service bud8els, hel￿1 to sU￿rt dccisiorts for thkbudgeied ¢xpendin￿4 and ellgjred money was wisely across the organi5atiOTL Stxttjneut of trustees. ￿p0￿SibIlItieS Page 8 Beehive Care Group Trustees, Report Tr tyu51¥¢$ (tho akn dlc diT￿lorI (If 11teh￿e 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 IUlli*d 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 t1￿81eeS to prepare financial statements for each r]narKial yw. UndeT company law the rr￿Ste￿ 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 corsist￿l￿. obseNe t1￿ methods prinGiples in the Charitie5 SORP. n7ake judgemellly and ¢siimate5 that arc Te3sonable and pnthnt stste Vihether apphcable acwunlsng standard5. CO￿pris1￿￿ FRS 102 have bceth followeA. subjc¢r ￿ any material departsjres di￿10$ed and explaitt¢d in the finan¢iA] Statemen￿ 8 P￿part 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 reaSo￿able 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 safe￿￿rdIng th¢ asseis of ihe ciK￿table coithpany and hell¢¢ for taking Twonable.%teps fcr dje wcventiorj and deteCt￿n of f¥aud and other ittwlarities. Thc tru5tcc% Tcsponsible for the nWitiLenance And in*8rity' of thE wporate and fLnan¢ial tnformatioii i¥Klyded on th¢ Lharitsble COM￿0*¥￿ ￿￿bSIte. Legislation gov¢min£ the pryrntty)D aThJ dis5eminwon of fitWKial ￿1￿MentS 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 3￿Y relevant audil information artd to esiablish that the charitys auditOT is awwe of Èbat inlormation. truS￿S 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 c￿1￿10￿ 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. iKIL*fiftg a sumrrAry uf Si￿rriC8￿ rKJlicie& Th¢ fillanci￿ rtpurting fr￿n¢¥￿rk thal has been applicd ID rs UThiicd Ki4gdon A¢Goyoiog compri*hg cl￿ritieS SORTr - FRS 102 Tre FiRao¢i31 lieporting Siandard applieable in th¢ UK and Republic of Ircland, and applicable law IUDiled Kingdom Gcnerajty A¢countin8 P￿tiCe). 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$, incl￿l￿g its incotne a￿1 expenditsirc, for the y¢ar ihcn ed¢d.. have been prtYFeTty prepdred in acco￿2￿ with Uni*d 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 aCcQTdw￿e with In(crnatIon￿ Stsndatds on Auditing IUKI OSAS (UK)) and Jlicabk law. (hr Te5Fk)Trsttr*ililics under lkns¢ #rc fiuthcr Ilwibed in the r¢spJnsÉbiliii¢s (or the audiL of the fi￿n¢1a1 Slatemtnts secuon of our rep)rL We are irWderrt of the chatity in accordancc with the cthical requirejllents that are relevdTht to our aL￿1t of the financial sthtrtn¢nts tn di¢ UK. Including the FRL'S EthTcal 8tsndard. and we hav¢ fjJlfiUed our other ethid r￿￿t￿lb￿lJtits 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 S￿enien[s, we ha￿ rx)nclud¢d that the tr￿tec5 use ofthegoing conttm basis of a￿0V￿lIng in the prEP8f8tion of the fi[w￿￿11 Staten￿nts 15 &pproprya¥¢. Ba5¢d on the W￿rk 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￿ sla1emc￿ts 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 Info￿￿1[￿ coinpriscs die iThfomi*tion includ¢d itt Ilie ￿nUal r¢￿rt. other than financial statcments a]wJ our awjl￿r'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¢￿5￿0￿ thet￿￿. ID COnn￿lInn b¥ith our audit of the rImr￿lI1 5tsternenLs, ¢xw rtsFk)rfibiliry Is io t¢￿ the Inforn￿li￿n and. in do1￿*￿ Sg. Consider itrth¢ther Ihc othtr infornwts)n ￿ materijlly inconsis*M wsih the fJnanci&l statements or ow krk>ivled(te obiained in the audil or othtnws¢ Appcars to wis5ti*d. If * 1det￿.fy m8*A inconsistencies or appareni n￿lerial ni&stakthents. ￿e ate requirtd ￿ ddctmine iTrI)￿her IlJeTe i8 & n￿lerial 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 misstateD￿l 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 fIn￿la1 year for whtch the fina￿la1 statCEJS¢nts are prepared is consiAeiit with the fina￿lJI statem¢n¢s' alld the TnLStees' Report h&$ becn prepared irL ¥ law nol rDad4 or we have not rec¢iv¢d all the intonLation and exp1ar￿￿On$ we requirt forouraudiL Regpothslbililies ofinJstee5 As explain¢d rnore fully IL Ihc stat¢￿t oltr￿￿te< reS￿L$1b11btieS {set page 8 atjd 91, the tntstecs are resptsnsible for the preparalion of the fjnancial slateinellts a￿j for b¢ing satisfied that they give a twe and fair vi￿. and such inlemal control as th¢ trusttts deicrniinc is rKce5sari io enable the preparation of financial staternents that are fr¢¢ from T￿terial mi&%tatenKnl. whether due to frtid orerror. In preparing the fsThancial ualements. thc trllstees art res[m)￿51b]e for assessing ts dwity's tbility to Coniinue as a going ¢oncefn, dtsclosing. as applicable, JnadEfS relaied to going conc¢rn and using thc going conceni basis of accountiDg urtless th¢ Irt￿5 uther intrnd to IiqLkMlate the charity or to ceAse optrations, or have w re<$iic 74lterrhative bui to do so. Audltor i'¥poii$ibilitiC5 for thc Hudit of ¢h¢ financial statemerlts (hEr obj£Ltives are to tsbtain reasonable assurnD¢e alM)Ut irf￿￿1¢f the f5nancial 5t#tffi)ents as a whole are free from n￿terIal Misstaten￿ryL Trtrther due ro trnL¥J or effor. and t¢* iswe ￿ &udstor's report that include5 OUT opinion. Re8soDabl¢ a55Urat￿e is a high level of *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 r￿1 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{expe￿JI[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£oiieili*tion offund8 Total funds t•L)ught fOrn￿rd 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 R2congJi*tltsn 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 lUd￿rIsed 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(lncre￿tl in debtors Increase in ctyditors 14 16 51,416 (101,061) 21 6,854 ￿s77 {146,607} 2 433 087 'et cash flo￿3 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 co￿q￿ntlY 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 Fe￿ing 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 accold￿￿cE wilh the Financtal Rcw)rtbllg Stand￿￿ appITC￿le 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 n￿ts the defjnition of a public bcncfil entity under FRS 102. Assets and liabilities initially recognised at histori￿1 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 B￿ed 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¥i￿ty In the application of th¢ Chatity 5 accouDlirtg wJliCi￿ thc Board are requircd to makejudg¢ments, estimates and aS$￿[nPl1QThS abour the carrying an￿ll￿1 of &s5cts and liabi15U¢S that ffadily 2pparent from othts sources. The ￿tImat¢s a￿1 awciated assumption5 are based on hisroriol cxwe￿¢ and othtt l¥toJs that are con5iderd to be relcvanL Aem21 rcsults differ from these esiimaies. The ¢41rn￿e& und¢r]yin8 kS$U[npt￿Ths aye revic4*d M an on8QU￿ b15￿ R￿ls1￿$ 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 deprecia*il. S18nif￿anI ¢￿tr￿ation UEttFlainty exi*5 ID T¢l#ion to residual v￿u4 depr￿latiort aThJ Ihe split ofthe componcots. Depreetation This rcquiT¢S W tSt1￿1¥￿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 measU￿d reliably. lllGludd 15 iocoaK, thich reyucrkn income ruxib¥bk ID the year of losses from void5 and amounts due from residents for L￿e 5¢rvices provide(t Restricted inwEne is recogt)ised whejj receivable it¥1 i$ accoutthbk ITh accoidatrx wilh the iestriction placcdon the f￿d by th¢ donor. Doiialtoiis andlegtt¢i Donations are i¢cognised wh¢n the charity h&8 been n¢Aif*d IL of 1X￿h 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 t￿1 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 Ori￿a90￿abIt 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 perfCm￿nCc copditions are attached to the grani )rt ¢0 be mel. Ihe incomc is recoglliged as & liability ar￿ Included on the balan￿g￿teL 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¢ Sc￿et￿¢￿t is requtred and the an￿UnI 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 iTh￿rred 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 Incl￿25 k¥ih costs that can be allorated dire¢tJy to s￿h acknvitses and those costs of an indireGt n2ture JKce5W to s￿A)Drt thenL Support colts Support costs itKlude central fut)ctitsns and Iwve beert allocaEed ￿ aaivtty cost catcgoiies on a b8SiS tr>n$151ct]t Ili the use of resouTCts. for examplq alkKating property ¢osts by floor 8reas, or per Gapit3. ¢aff costs by the tim¢ spent and other costs by their us4e. Governante ¢osi includin¥ audii strategic nwMgemettt t4MI truoee mtttithg5 and reimbursed ex￿. lyretoverable VAT Irre¢ovttabl¢ I'AT is ¢har£ed against t1￿ cat£Bory of resrwces expetmltd for ￿thIch it W&8 incurycd. TangibIe fixed a5￿tS Tangible fi¥ed asscts li￿¢]￿dIng social housing PrO￿rtIes) are thted at deaned coll le&% accumulakd dcPrec￿li0￿ and ￿Y tlyirment k>55C5. C051 includes t05ts directly attributable to mBking the 8sget capable of operatithg as iJJtended such as th¢ cost of land I￿11th￿ Lxpmditurc improv￿1)e}11&. Expenditure on improvemen15 ivill only be c2pilalised whu it rtgjlts in incr¢nwthal fuiure benefits such ￿ increasing rental I[￿0￿e. rducin¢p mzinteTr3llC¢ tsJ5ts or resuliing in a signlficani extension of die usefvl ecoN)mTC life ofthe prDpeny. Dcprecibtion is provided on tangible fjxed assets 50 &8 to wrtte off the o)st or TRI￿10￿ le￿ any estimated Itsidu31 vahK over theirexpectcd ¢corsomic life as shoi¥m b¢low. Page IB Beehive Care Group Notes to the Financial Statements for the Year Ended 31 October 2025 Depre¢latioM and #morti5atiDn DepreciafioD is provided on ian8Lblc fixa I￿15 SO B5 10 write off the w41u8tio￿ Icss ttny estirnued Irsidual val￿, over their expeut41 usefvl econDmiC life as hllow5'. Asset cknss Land HousÉng propertics. gh11Cture Housing prop¢rties- roof and pving Housing propertle5- win&xvs. heat¢tyg systerns ad bathrwn Housing properties- kirrhe￿8 and lifts Housing propeTb¢s- electr￿￿ sy$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 i￿￿C2t1￿￿ that those assets have suff¢red ￿ impaSm￿nt 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). Tr￿e 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 provis￿ll 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 otTr*r short-term highly l¥iuid iTb¥estmetils that are r￿li]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[10￿al light to d¢f¢r settkI￿t 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 trans￿0 Prict wbStqU￿tIY incèsurcd a¢ an￿rtised ¢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 d￿t 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 P￿vIde tem1in8t￿￿ benefits. Flnancigl ill$trumeats The charity has applied the prDvIsio￿ of Seaiott I l -Basic Fi[W￿l*l 1n51rurffn￿ and Section 12 'TheJ' Fhwcial Inst[un￿nt 15sue<' of FRS 102 to fftts fiNncial sthtrEncDts. ReeogTriliwi Fina￿181 lnsfftllne￿ls are i13$sified zttd accou￿¢d for. &cording to thc sth$(tnce of the coThtrauual arran￿ethi¢￿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 do1￿110￿5 aThd kgaeies UDr¢Jtricttd rumds Restricted l¥nd5 Total l￿dS 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 OJx froin the Naltonal L4>11ery fundin& Th¢ 2nM)unts were for the 'R￿chIng 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$ u*der leases aud hire wtrth•se eontracts OperJtlDg kase commitMe￿ts Total future minimalln lease Imm￿￿lIable 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 coll￿TrUt10￿ F*n5itin 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¢0￿1￿% Resou¥tu re50*rtts ex￿ Tr*nsfers 2024 Unrutricted fiJTh15 Gener41 LTrtr¢siri¢ted Fut￿$ 2J91,667 1.673.154 {1553.162) 1371,8601 2.039.799 Restricted fiJiid5 Ca￿enter Box F￿]dI￿R 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 C￿penter Box Flltsdin£ for Pride as the Hivcwa% a th)nation for c￿ernI￿n￿L r¢fr¢shin¢tts and ￿￿ratiOnS for the evental HI￿ for the LGBTQF. Curnin8toN- this was money donated ￿ be used for YOUD8 demcnlia I￿818Mme5. Hub donation- thi5 is a dor￿tI)n to be llsed for Hub servI￿s. 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 Socie￿5 'Stsy day seryice for people living with dell￿(12 and Ihcir carers. The Hub ill￿me r¢preseuts tEwme from the n￿lO￿al 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(￿40*A 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