## ST BERNARD’S CHARITY 

Trustees Report and Financial Statements 

For the Year ending 31 December 2025 

independently Examined 

CHARITY NO: 207727 

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 

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The Trustees have pleasure in presenting their report for the year ended 31 December 2025 

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## OBJECTS AND ADMINISTRATION OF THE CHARITY 

The objects of the Charity are set out in clause 4 of the Charity Commission Scheme sealed on 15 December 1967 as amended on 16" September 2013 by the Charity Commission under the power given in the Charities Act 2011 and now reads as fallows:- 

The object of the charity shall be to relieve women who are in need of financial assistance through sickness, convalescence or old age of themselves, their spouses or dependents. The trustees, with the agreement of the Charity Commission, interpret sickness in its widest context to include both physical and mental ill health in all its forms. 

The Chair, in consultation with the other trustees by email, in respect of grant applications, carries out the day-to-day administration of the Trust. All bank transfers are authorised by two trustees. All aspects of the Trust are discussed at the three forma! meetings of the Trustees held each year when management accounts and expenditure schedules are presented. 

New Trustees are identified and appointed by the existing Trustees. The Chair of Trustees is responsible for the induction of any new Trustees, which involves awareness of a Trustee’s responsibilities, the governing document, administrative procedures, the history and objects of the Charity. A new Trustee receives a copy of the previous year’s annual report and accounts and a copy of the Charity Commission leaflet ‘The Essential Trustee — What you need to know’. 

## TRUSTEES 

Mrs E Martyr Mrs H V Hiscox (Secretary) MrJ E Puttock (Chair) Mi N Sarjudeen 

## REGISTERED ADDRESS 

Ground Floor Flat, 69 New Church Road, Hove, BN3 4BA 

## FINANCIAL REVIEW 

Rents received for the year ended 31 December 2025 amounted to £36,170 (2024 £36,820). Current assets including properties total £1,798,102. Of this amount £18271 is held at the Charity’s banks and £10,831 is ina high interest 95-day account. The balance is the current value of the Trust’s property. 

46 grants (2024- 47) were made during 2025 amounting to £21,753 (2024 £17,633). Property maintenance was much reduced this year at £7,023 (2024 £25,727). The surplus of income over expenditure amounted to £7,106 ( 2024-£6.754) 

The Trustees consider sufficient funds are being carried forward to cover emergencies and to undertake any maintenance and repairs to the Trust’s three properties as and when required as well as being able to positively respond to grant applications. 

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PUBLIC BENEFIT 

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The Trustees have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission when reviewing the aims and objectives and in considering grant applications. The Trustees consider that our activities reflect our aims and objectives, and that they are designed to provide accessible services and activities that benefit the public in accordance with our charitable objects. 

## PROFESSIONAL ADVISORS 

|Bankers:|||
|---|---|---|
|NatWest|CharitiesAid Foundation Bank|Redwood Bank|
|Town Hall Branch|25 Kings HillAvenue|TheNexus Building|
|103 Church Road|WestMalling|Broadway|
|Hove|Kent|Letchworth Garden City|
|BN3 2BS|ME194TA|SG63TA|
|Solicitors:|||
|MayoWynne Baxter|GriffithSmith FarringtonWebb||
|3 Bell Lane|47Oid Steine||
|Lewes|Brighton||
|East Sussex|BN1iINW||
|BN? 1JU|||
|Independent Examiner:|||
|MrJRYoung|||
|7The Crescent|||
|Southwick|||
|West Sussex|||
|BN424LB|||



## POLICY ON RESERVES AND INVESTMENT POLICY 

It is the general policy of the Trustees to distribute the Trust’s income on a regular basis in response to applications for funding in accordance with the Trust’s objects and retain a balance to meet unexpected expenditure on the maintenance of the 3 properties owned by the Trust, or any emergency requests for financial help. As part of this policy the Trustees continue to invest £10,831 ina 95-day account with Redwood Bank. The charity seeks to maintain a minimum balance of £10,000 in this account. At the year end this was actually £18,271. 

Apart from the 3 properties owned by the Trust and the cash reserves there are no other capita! assets. 

## RISK MANAGEMENT 

The Trustees have considered the risks to which the Trust might be exposed. All 3 properties are fully insured and all the tenants are expected to remain the same in 2026. Income from the properties is expected to slightly increase in 2026 and regular maintenance will continue to take place. The trust has no other contractual commitments beyond the tenancy agreements. e 

## PLANS FOR THE FUTURE 

The Trustees plan to continue to make grants of financial support in response to applications, where appropriate in accordance with the Trust’s objects. 

The report was approved by the Trus on AG Menk Dow e Signed on behalf of the Trusteesee Puttock - Trustee and Chair 

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ST BERNARD'S CHARITY 

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## Receipts and Payments Accounts for the Year Ended 21 December 2025 

## Charity Number 207727 

|Charity Number 207727Number 207727207727||||||
|---|---|---|---|---|---|
|||||2025||
|Incoming Resources|Unrestricted|Restricted||Total|LastYear|
||Funds|Funds||Funds|2024|
||E||E|E|E|
|Rents|36,170||0|36,170|36,820|
|Interest|549||e)|549|626|
|Donationsand GiftAid|750||0|750|600|
|Legacy|0||0|0|0|
|Total Incomingresources|ee<br>37,469||ie ee go<br>0<br>37,469||fash<br>38,046|
|Resourcesexpended||||||
|PropertyMaintenance<br>PropertyInsurance<br>SundryExpenditure|7,023<br>1,527<br>0||0<br>0<br>0|7,023<br>1,527<br>0|25,727<br>1,380<br>0|
|BankCharges|60||0|60|60|
|DonationsandGrants|21,753||0)|21,753|17,633|
|Totalresourcesexpended|30,363||0|30,363|44,800|
|Netincoming resourcesbefore<br>otherrecognised gains orlosses|7,106||0|7,106|-6,754|
|Gains/Losseson Revaluation of||||||
|Fixedassests -seenote 1|19,000||0|19,000|83,000|
|Netmovement infunds|26,106||6)|26,106|76,246|
|Total Fundsbrought forward<br>Totalfundsthisyearend|1,771,396<br>1,798,102<br>pres|ae|QO|1,771,356<br>1,798,102<br>OEE|1,695,756<br>1,771,996<br>wentAE<br>eR,|



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## Balance Sheet and Statement of assets and liabilities at the end of the period Ended 31st December 2025 

|Balance Sheet and Statement of assets andSheet and Statement of assets andand Statement of assets andStatement of assets and<br>Ended 31st December 2025December 20252025|Balance Sheet and Statement of assets andSheet and Statement of assets andand Statement of assets andStatement of assets andof assets andassets andand|Balance Sheet and Statement of assets andSheet and Statement of assets andand Statement of assets andStatement of assets andof assets andassets andand liabilities at the end of the period|liabilities at the end of the periodat the end of the periodthe end of the periodend of the periodof the periodthe period|liabilities at the end of the periodat the end of the periodthe end of the periodend of the periodof the periodthe periodperiod|
|---|---|---|---|---|
||Unrestricted|Restricted|Total|LastYear|
||Funds|Funds|Funds|2024|
|FixedAssets|£|£|£|f|
|7 NevillAvenue, Hove|705,500|0|705,500|698,000|
|17 Fallowfield Crescent, Hove|548,000|0|548,006|542,000|
|145 MontgomeryStreet, Hove|515,500|(0)|515,500|510,000|
|CurrentAssets|||||
|Cash atBanks|18,271|0|18,271|11,565|
|Investments|10,831|0|10,831|10,432|
|Less Creditors|||||
|Amountfallingdue in 1year|0|0|0|0|
|NetAssetslesscurrent liabilities|1,798,162||1,798,102|1,771,997|
|Represented by|||||
|Genera! Fund|1,771,996|Q|1,771,996|1,695,750|
|Revaluationofproperty|19,000||19,000|83,000|
|Netincoming resources/iosses|7,106|0|7,166|-6,/54|
|TotalFunds|1,798,102||1,758,102|1,771,996|



## The financial statements were approved by the Trustees on 1d} |29%¢ong signed on its moebe by: Name “fet reck 

## Noies io the accounts 

## Note 1 Revaluation of Fixed Assets 

In accordance with current requirements the trustees have undertaken a revaluation of its property invetments. Based on the known market trends and information available on property values by the local council the trustees have increased the proerty values by 1.1%. 

||Freehold|2025|2024||
|---|---|---|---|---|
||Property||||
||£|£|£||
|AtJanuary<br>Disposals|1,750,000<br>0)|1,756,000<br>0|1,667,000<br>0)||
|Revaluation|0|19,000|83,000||
||1,750,000|1,769,000|1,750,006|¢|
|Freehold property:|||||
|17 Fallowfield Crescent|542,000|548,000|542,000||
|145 MontgomeryStreet|510,000|515,500|510,000||
|7 NevillAvenue|698,000|705,500|698,000||
||1,750,000|1,769,000|1,750,000||



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## Independent Examiner’s Report to the Members of St Bernard’s Charity 

eee 1 report on the accounts of the Trust for the year ended 31 December 2025 set out on page 3 and 4 of the Receipts and Payments Accounts. 

## Respective responsibilities of Trustees and Examiner 

The Charity's Trustees are responsible for the preparation of the financial statements. The Charity's Trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011, (“the 2011 Act’) and that an independent examination is needed. 

It is my responsibility: 

- to examine the accounts under section 145 of the 2011 Act; 

- * _ to follow the procedures laid down in the General Directions given by the Charity Commissioners {under section 145(5)(b) of the 2011 Act); and 

- * {o state whether particular matters have come to my attention. My report is made solely to you as Trustees pursuant to the 2014 Act. My examination has been undertaken so that | might state to the Trustees those matters | am required to state in this report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the Trustees for my examination, for my report, or for the statement | have made. 

## Basis of independent Examiner's Report 

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequenily | do not express an audit opinion on the view given by the accounts. 

## Independent Examiner's Statement 

In connection with my examination, no matter has come to my attention: 

- (1) which gives me reasonable cause to believe that, in any material respect, the requirements: (a) to keep accounting records in accordance with sections 386 of the Companies Act 2006; and 

- (b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice; Accounting and Reporting by Charities have not been met; or 

- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 


**----- Start of picture text -----**<br>
JOHN YOUNG (FCCA) KM. mi ‘<br>Chartered Certified Accountant<br>7 The Crescent<br>Southwick<br>Sussex fi<br>BN42 4LB Date 23/3/26. a<br>**----- End of picture text -----**<br>


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