THE CHARLENE BARGERON ANIMAL CHARITABLE WILL TRUST STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2026 Registered Charlty No: 1210232 INDEX Page Trustees, Report Independent Examiner's Report to the Trustees SLitement of Flnancial Activities Balance Sheet Notes to the Accounts THE CHARLENE BARGERON ANIMAL CHARITABLE WILL TRUST TRUSTEES, REPORT YEAR ENDED 5TAAPRIL 2026 The Trustees have pleasure in presenting their Annual Report and 8ccounts for the year ended str April 2026 which ale prepared in accordance with the Slalement of Recommenced Pracltce.. "Accounting and Reporting by Charities" Lggal and Administrative informatlon The lull name ol the charit is The Ch8Hene Bargeron Animal Charitable Will Trust, and the re Char￿tY nurnber is 1210232. he charity's governing document is a Declara110ll of Trust dated 5th Ju The registered address of the Charity is 45 Castle Street, Sallsbury, SPI 3SS. istered y 2022. Trusteès A Partridge G Horner H Goodeve New Iruslees are appointed by the existing trustees. Trustees are all volunteers and receive no remuneration bul are reimbursed for expenses. Alms and Organisation The charity's principal activity is to make grants for the beneff( of the public to reduce the suffering ol animals in need of care and zttention ar*d, in particular, lo provide an(J maintain rescue homes or other facilits'es for the reception, care treatment of such snimals, There have been nD material changes in this policy Since the stsrt of the period_ -tration is Th¢ ¢harity i? controlled by the B08rd of Trugtees, who meet twice ye8rty. 00y to doy admini- under the dirèct responsibilty of the charity's legal advisers, Parker Bullen. All activitie5 are carried out al 45 Castle Street, Salisbury, Wiltshire, SP1 3SS. Progress and A¢hlevèments During the year one grant of £3,600 was made, p8id to Hillslde Animal Sanctuary. The Charity's investment portfolio increased in value from £910.519 81 the end of the previous period lo £1,041,126 at the year end. Review of Flnancial Activities and Affairs The attached accounts for the year ended 5th April 2026 show fu11 detai15 of all financial activities which the ¢harily has undertaken. Al 5th April 2026, and al the lime of writing, the charrty's financial position was very salisfaclory, Reserves Policy The Iruslees relain free reserves 81 minimal level. These reserves are sufficient to provide investment income lo meet expected future grant payments. Rlsk Managemant The trustees have carried out a review of the major risks lo which the charity is exposed 2nd have established prO￿dureS lor the review ané approval of all Iransaclions which are deemed adequate to mitigate such risks. THE CHARLENE BARGERON ANIMAL CHARITABLE WILL TRUST TRUSTEES, REPORT YEAR ENDED 5THAPRIL 2026 Icontinuedl InvestFnent Policy The Declaration ol Trust does not place any reslrictlDns on the investment powers of the trustees. The trustees, Invèslmenl objectives are a balanced portfolio wtth a moderate risk factor. The trustees are satisfied that aclual investment performance in the year matched their general investment objectives. Other Other information required to be disclosed under the Statement of Recommended Practice is as follows.. Solicitors.. Palker Bullen, 45 Castle Slreel, Salisbury. SP1 3SS Investment Advlsor: Gore Browne Investment Management, Milford House, 43-55 Milford Street. Salisbury. SP12BP. Independent Examiner: Tony Rose FCCA, Director Walling & Hirsl Limited, Cawley Place, 15 Cawley Road. Chichester, P019 1 UZ Signed on behalf of the Board of Trustees A Partridge- Trustee INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CHARLENE BARGERON ANIMAL CHARITABLE VIILL TRUST I report lo the trustees on my examination ol the accounts of the above charity I'lhe Trusl'l for the year ended 51h April 2026, which 8re sel out on pages 4- Responsibilities and basls of repurt As the charty's trustees, you are responsible for the p￿paratIon of the accounts in aeeordanee with thè requirements of Ihe Charities Act 2011 I'lhe Act.). I report in respect of my examination ol the Trust's accounts carried out under section 145 of the 2011 Act and in carryin9 Out Fny examination, I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act, Independent examiner's statement I have completed my examination. I confirm that no malerisl fnatters have come to my attention in connection with the examination which gives me cause to believe that, in any malerlal respect., the accounting records were ntsl kept in accordance with section 130 of the Charities Act,. or the 8ccounls did not accord with the accounting records.. Dr the accounts did not comply with the applicable requirements conceming the form and conlenl of accounts set oul in the Charities IAccounts and Reports) Regulations 2D08 other than any requirement that the accounts give a 'lrLtsl and fair, view which is not a matter Considered as part of 8n inéependenl examination. I have no con¢erns and have come across no other rnstters in connection with the examination lo which ttenlion should be drawn in this report in order to enable a PToper understanding ol the accounts to be reached. ca￿eY Place 75 Cawley Road Chichester Wesl Sussex Tony Rose FCCA- Director Watling & Hirst Limited Chartered Certified Ac¢ountsnts 301712026 Dale.. THE CHARLENE BARGERON ANIMAL CHARITABLE WILL TRUST STATEMENT OF FINANCIAL ACTIVITIES TH YEAR ENDED S APRIL 2026 Unrestricted Unrestricted Funds Funds 0610412025 2610912024 to to 0510412026 0510412025 Notes Incoming resources In¢ome and endowments from: Legacies Investments 313 31,153 14.638 Total 31.466 14,638 Resources expended Grants to Hillside Animal SanctLSry Administration expenses Legal and professional fees Independent examination fee Investment managemenl fees 3,600 1.260 1.680 12.373 1,080 1,200 5,866 Total 18.913 8,146 Net income before investment galnsl{losses) 12,553 6,492 Net gainsl{lossesl on investments 109,768 (27,2771 Net Movement in funds 122,321 (20,7851 Reconciliation of funds Balance at 61h April 2025 Nel movement in funds in period 1,583,667 122,321 1,604,452 120,785} Balance at 5 April 2026 1,705.988 1,583,667 THE CHARLENE BARGERON ANIMAL CHARITABLE WILL TRUST BALANCE SHEET AS AT 5TH APRIL 2026 Note 0510412026 2510912025 Fixed assets Tangible fixed assets nvestmenls 532.477 1,041,126 532.477 910,519 1,573,603 1.442,996 Curront assets Other debtors Cash with broker and solicitors 758 136.547 630 143,281 137.305 143,911 Creditors: amounts falling due within one year Accruals 4.920 3,240 4,920 3,240 Net current assets 132.385 140.671 Total assets less current Ilabilitios 1,705.988 1.583,667 Finan¢ed by: Unrestricted funds 1,705,988 1,583,667 The financial statements were approved by the trustees on A Partridge Trustee THE CHARLENE BARGERON ANIMAL CHARITABLE WILL TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2026 1. ACCOUNTING POLICIES (a) Basis of preparation The financial statements have been prepared in accordance with the charty's governing document. the Charities Act 2011 and Accounting and Reporting by Charrties.. Slalement of Recommended Practice opplicable to charities preparing their accoun15 In 8¢cordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland IFRS 1021° las amended for accounting per￿d commencing from 1 St January 2016). The charity is a Public Benefit Entity as defined by FRS 102. There are no material un¢ertainties regarding the charity's ability to continue as a going concern. (b) Incomlng resources All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the ￿SoUrceS will be received. and the moftetary value of incoming resources can be measured wth sufficient Teli8bility. (c) Re$ources expended Liabilities 8re recognised as resources expended as soon as there Is a legal or constru¢tive obligation ommitting the charity lo the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related lo the category. Grants payable are payments made to third parties in the fvrtherance of the charitable objects of the trust. Grants are accounted for when either the recipient has a reasonable expe¢tation that they will receive 8 grant 8nd the trustees have agreed lo pay the grant without condition. or the recipient has rc8sor)0bl¢ ¢xpcctotion Ihot Ihey will reBÈivts a grant and any condition attg¢hin9 to the 9rant is outside of the control of the trust. Provisions for grants 8re made when the intention lo make 3 grant has been communicated lo the recipient but there is uncertainty about either the timing ol the grant or the amount of 9rant payable. {dl TangSbl& fixed assets and depre¢lation Depre¢ialion is provided on freehold builéings. F￿ehOld land is not depre¢i8ted. 1¢) Fixed asset investments Investments ale slated al market value as al the balance sheet date. The slalement of lin8ncial a¢liwties includes the nel gains and losses arising on revaluation and disposals throughout the period. ln Realisod gains and losses All gains and losses are taken to the St8lemènt of Financial Activities as they arise. Realised gains and Igsses on investments are calculateol as the difference betyrfeen $8les proceeds and opening markel value (purchase dale if later}. Unrealised g8ins and losses are calculated as the difference behveen the market value al the year end and opening market value lor purchase dale if later). Realiseé an(J unrealised gains are not separ81ed in the Statement of Financial Aclivib'es. 2. TRUSTEES None of the trustees lor any persons connected with them) received any remuneration or benefit from Ihe ¢harity during the year. THE CHARLENE BARGERON ANIMAL CHARITABLE WILL TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2026 (Continued) 3. EMPLOYEES The average number of employees during the year was= 0510412026 2510912025 Tol81 The were no employees whose annual remuneration was more than £60,000. 4. NET GAINSIILOSSESI ON INVESTMENTS UnrestrlGlgd Funds Unrestrlcted Funds 0610412025 2810912024 to to 0510412026 0510412025 Revaluation of investments Gain on sale ol investments 98,917 10,851 (33,354} 6,077 109,768 127.277} S. TAXATION The char*ty is exempt from taxation on ils activities because all its income is applied for charitable purposes. 6. TANGIBLE FIXED ASSErs Land and Building$ Costs: Al 6th April 2025 Additions Disposals 532,477 At 51h April 2026 532,477 Dopreciation: Al 61h April 2025 Charge lor the ye8f At 5th April 2026 Not book valug At 5th April 2026 532.477 At 5th April 2025 532,477 THE CHARLENE BARGERON ANIMAL CHARITABLE WILL TRUST NOTES TO THE ACCOUNTS TH FOR THE YEAR ENDED 5 APRIL 2026 (Continued) 7. FIXED ASSET INVESTMENTS Llsted Investments Cost or valuation At 61h April 2025 Additions Valuation changes Disposals 910,519 247,215 98,917 {215,525} Al 5th April 2026 1,041,126 Carrylng amount Al 5th April 2026 1,041,126 Al 5th April 2025 910,519 05.04.2026 05.04.2025 Investments al lair value comprise.. Listed investhients 1.014,126 910,519