Charity number: 208877 THE LADY HIND TRUST Trustees. Report and Financial Statements For the Year Ended 31 December 2025
THE LADY HIND TRUST Page R•f•r•nce and Administrativ• Dall8 of the Charity. its Tntee$ and AdvirArs Trustee5' Report Independent Auditors. Report on thè Flnanclal Statsments Statgm•nt of Flnanclal Actlvlties 10 Balan¢• Sh•¢t SLitem•nt of Cash Flows 12 Notes to the FInla1 Stat•ments 13-27
THE LADY HIND TRUST R•ference and Administrative Details of the Charlty. Its Trustses and Advlsers For tho Year Ended 31 December 2025 Trustees C W L Barratt (resvJned 3 November 20251 THF8rr N R SavcKy J D Pears H E Bwr8tt (appinted 3 )Vember 2025) Charlty rngist•red number 208877 Prlnclpal office PO Box 11467 NcAliThJham Xlinghamshire NG9 9NL Independent audltors PKF Smith Ccy Audit Limite(I Slalutory Au¢filc¥5 2 Lace Market Souare Nottingharn NG1 1PB SoliGitors Keystone Law Limited 48 Chancery Lane London WC2A 1JF Investment advlseTs Barratt & Cwke Limited S Opie Street NRI 3DW P1
THE LADY HINO TRUST Trust••s' Report For the Year Ended 31 Decemr 2025 The Iruslees rK8sent Iheir annual report togelher rylh Ihe audited financial statements for the year ended 31 December 2025. The finanaal ststements have been prepared in accordance wth the COunting policies sel out in note 1 to the accounts and compty with tem of wll under whith the trust was established. the Charities Act 2011 and Financial Reporting Standard 102 The F¥ianck91 Rertl9 Standard apFIKabl& in th8 UK and Republic of Iland {FRS 102) and the Charities SORP. Objectives and Activltl•s . Pollcl•s and obloctiv The sole objective actyw of the tt 1$ the wing of grants. The trustees are aware that they must carry on the charitvs actiwtses for th8 publ trofft that t must pay due regard to the widance on public benefit ISjed by the Charity COMMIOn. In setting o'eclives and planning for &tMiies, the trustees have given due consideration lo general guidance putAish8d by the Chartty commis0 relalirvJ tu pull benefit. incIJ¥)9 Ihe guidance 'Public benefit.. running a charity {PB21'. b. Stratègies for achlevlng objoctlvos The trustees eonsider that the charitys aims arml obpctiV8s ar8 for thè public benefit Sin it is a grant making tnjsl and grants arg onty made to other charrtaNe (Ygarmsations arnl rnt to iThJivKluals. ¢. Maln actlvltSe$ Undertak to furth•r th• charltys ptsrpose8 for tho publlc benefft The truslaes consider al written wpI'catns made to them by dmritable organisations. Such applications ar8 reviewed by every trustee pmr to the trustees. four-monlhly meetings and are discussed at such meetings. Grants are awarded al such meetings lo those anIsatiOnS whKth Ihe twslees cnllectively consid8r lo b8 Worthy of their suppcKt. Grants are awarded pywPa1Iy to inststulicffis based their level of need and with a geographical bias towar(Js NOIDnafflshjrÈ and Norfc4k. Achlevem•nt8 and perfornwKa a. Revl•w of actlvltles and k¢y flnanclal p•rfornMnc• Indlcators DuriThJ the year the nel income gènernted by trust (after charging sup5X)rt costs and ¢)ther expenses but bo1@ tak9 accounl of realised and unrealised gawisnosses on investment asselsl was £566,300 12024.. £497.8221. t)uring the year the trustees award8d grants amounlirwJ in agJregale to £542,50012024.' £501.5001. A breakdown of the grants wnade lo (Kganisalirms for £1.C(K) or more Can be fourbd in the notes lo the attounts. This yearfs surplus ol nel income over grants ted in a(¥xJmulaled of Ihe Charity lils Iree reserves) increasing fr( £250.875 to £274.675. The net after4Jranl surF4us i) income generated by trusl (befo taking accounl of fealised and unrealised gainsllosses on investment assets} was £23,8) (2024." £9.678 déf111. The net afterwanl surplus for the year lafter iaking account of realised aThJ unreali5ed gainsplosses on investment assets) was £1.399.429 (2024.. £979,900). The assets of the trust at the year end annted lo £25.622,928 {2024: £24.223,4991. Page 2
THE LADY HIND TRUST Trustees. R¢pwl (continued) For the Year Ended 31 L)ecembBr 2025 Flnanclol r•vlew a. Golng conc•m After making appropriate enquiries. the trustees have a 3$onae expectalirm that the charity has a(lequal& resources to continuè in cyeralional existence ff¢ the IseeatIe future. For this 8$on they continue to adopt the going concem basis in prepariThJ the financial statement$. Further details regarding the adoplk)n of the going concem basis can be found in the ac(#)uniing polKi8S. b. Resems policy It is th8 gen8ral [lIcY of the trust lo retain al of the Cats1 wlmth compromises part of its reserves and lo distribule each year through grants all of ihe trusi's income whKh is used lo meet its governance and Magement cosis. HowevÈr. thè tnJste8s reserve th8 atmlty to retain part of the trusfs irorne for arsy year as part ol its SerVeS and not to distribute the whole of Ihe unexpended income il in that year the trust ieceives InSufflent applicaticS for grants whKh the trustees CSIder worthy of their Supp andl or the Iruslees b8lieve value ol the trust's investments ho$ fallen to a sigr4fThnl extenL c. Matsrfal Inveslments pollcy and perfonTraDc• The trustees, investment assets are managed by nvestment advisers. The appoinlm8nl of inv8stmenl advis8rs is reviewed by the trustees pejiCa1Iy. The (yjrrenl advisers are Baffatt & Cooke Limited WI are employed on a dIre(lOnary basi5. They are instructed by the trustees to invest in a portfolio which will generate 8 balance of inc(Mne and growth wth a mediunithvJh risk proffile. thjring the year. the investments genale(l a reelised and Unrealed surplus of £1.375,629 12024.. £989.578} and the aggregate value of the investsnents, indLKling capitsl cash of £453.02912024." £641.5371, incrèased from £24.042,119 10 £25.413.892. This 5.71% increase in value contriTrutes io a total retum of 8.19Vo in the year, ich compares wth a 14.% increase in the PIMFA Gmwth Index. the ttees. thoserb benchmark lin 2024 the aggregate value of these investments Irreased over the year by 4.26% which Compared with an increase of 11.39% in the PIMFAGroth Index in that Jwr). Structur• governance and management a. Constllutlon The Lady HirKI Trust was eslabli5hed urNJer the wll of the lale Lady Lilian Frances Hin(5 who died on 15 May 1951 and is a registered charity {charity rmjmbw 208877>. UNJer her will she directed th81 lh8 Charit$ fvnd S]Uld be used for such charitatAe purposes EnglaTrJ arml Wales as the trustees in their absolute discretion consider fit. The trust does rKJt aclivety raise lund$ but seeks lo eortinue the tritable giwng requested by ihe lestalor though the careful slewardship of lis existing r8s(KYces. Page 3
THE LADY HIND TRUST T. Rewt (contlnuedl For the Year Ended 31 Dec•mb•r2025 Structurei goveman¢• and managwwnl l¢ontlnued) b. M•thod8 of appointmont or eloction of truste•s Tnjstees are appcAnled as oThJ vthen the conknnuing trvslees see fft. The wrfl imp05es no limitation on the periods for which trustees shall se6 and no such limilaticms have beèn made on the appointment of the current Iruslees. Because grants are made principamy to organisalions based in Noltinghamshire and Norfolk, new Iruslees are likely lo be persons who resNJe in and are knowledgeable about charitable Institutions in thos counties. Al their four-mDnthly meetings. the trustees agree the broad slrale9y areas of activity for the Irusl. including consideration of grant makiNJ. investment. reserves 2nd risk managemenl pol'cies and perf0mlan. The day io day administrailr of the grant pr(Kessir¥J and of the handiThJ of applications prior lo ¢onsider8lion by the trustees is undertaken by Mrs L Hargreaves who can c(mtaLed at PO Box 11467. Nollingham, NG9 9NL. The Iruslees keep they skill requirements rr revEw. The trus188s arè 8ncixJraged lo attend relevant external training wtth regard to rdevant legislation and changes and their rde as trltstees generally. The induction process for any nevAy appointed truslee comprises of a meelng or meeting5 whith covers th8 powers and respons>ih'ties of trustees and the grant Ma.ng pr¢xess adopted by the Irust. Newty appoinled trustees are provided coples of the will of the kte La(Jy Lill FranS HirKJ. cOpS of th& last three years, annual reports and acco¢Jnts of the trust and of Ihe minutes of Ihe last three s, trustees. meetwigs as well as a copy of the Charily commissi.$ relevant guidan. . Rglated p¥ty rolallonshlps The Charles LIttkWo Hill Trust i8 a cneCted charfty becaLtse il ha5 comMC truslees to The Lady Hind Trusi. The Charles LleWC Hill Trust is a registered charity. chanly regislralM)n number 286350 and can be contacted at PO Box 11466. Nottingham NG9 9NJ. No transact)n5 have tsken pl btheen th8 charilies durir¥J th8 y8ars 8rM18d 31 08cAn*8r 2025 aThl 31 D8rwts 2024. d. Flnanclal rlsk maftagffii•nl The trustees have considered the prInCe risks to wlwch Ihe charity is exposed. conceming cash. investments and grants and have reviewed those risks arKI have esIalshed systems and procedures to Tnanage those risks. The risk management strategy is reviewed arwlly. Plans for fu¢uro pgrlods The trustees, ma5 objective 18 lo ensure Ihat w) fiJture ar$ the wnounls of ir•M nat of expenditure that are available lor distribution to other charitable orgarllsalions increases year by year al a level in excess of inflation, if possible. At Ihe same timg the truslees rgccgnise thal they shwld ntInue lo invest in top quality property funds. fixed inlerèst securities. index linked securits'es 8nd equities in order to ensure, as best th8y can, the continued growth of the In1 fund. Page 4
THE Ly HIND TRUST Tmstees. Report (continued) For the Year Ended 31 Dernber 2025 stat•m•nt of trust••s' rèspofisibllltl•s The Iruslees a responsJle for paring the Trusiees. ReF¥Ni and the financial Slatemenls in accordance with applicable law and Unrted Kinglkn Accounting Standards (Untted Kingdom Generalty Accepted Accounting Prac"C). The law applicatrAe lo charities in England & wa requi5 Ite@S to prepare financial statements lor each rinanual wlNch give a true and fair view of th8 Stale of affairs ol the charity and of ils incoming resources and applicalion of resources. induding its income expenditure. for that period. In preparing these financial slalements. the trustees a required lo: select suiiable ac1n¢1n9 polictes arNJ then appY Ihem ccxisistently., observe the methods and wnciples of the Charities SORP IFRS 102),. make judgments and accounlirKJ estimates that are reawble an¢J pnjdent: stale whether applicable UK Acc4)unling staards {FRS 102) have been lollowed. subject to any material departures disdosed and explained in the fir1claI statements: prepare the financial statements on the n9 concern ba%s unless it is inappropriate to presum8 that the charty wll conlnu8 in sIness. The trustees are reswnsible for keen9 adequate accountirvj records that are sufficient to show and explain the charitvs transactions and disdose with reasonable acturacy al any time the financial position of the charity and enable them lo ensure thal th8 fina181 statements compty with the Charili8s Act 2011. Ihe Charity (Accounts a1 Rewrtsl RegulatK)n$ 2C4)8 the prowsions of the Trust deed. They are also responsible for safeguar(ling the assets of the charity and hence for takiryj reasonable sl8ps for the pr8V8ntion detection of fraud and other irregularilies. Dlsclosur• ol Infomiatlon to audltors Each of the persons who are truslees al the time when Ihis Trust8es' RepM is approved has confirmed that.. so far as that IrLtsl8e Ès awarè. thèr8 15 no reievant audit infornution of the charitls audrtors are unaware, and that tiuste8 has t8ken all the sleps thal ou9ht to have been taken as 8 trustee in order lo be aware of any relevant audit inf0miat1 and lo estatrAish that Ihe d)afiVs auditors are awa of that infomplion. Approved by order of th8 Mer the board of Iwslees sb3rd on their behalf by.. N R Savory Tiustee Dale: Page 5
THE LADY HIND TRUST Indop•nd•nt AKlltors' Report to the Mmibers of The Lady Hind Trust Oplnton We have audited Ihe financial slalements of The Lady Hind Trust lthe.tharilI for the year ended 31 December 2025 which comprise Ihe Slatement of financial a¢livities. the balare sheet and Ihè related notes, including a summ8ry of significant accountir4J l¢le$. The finanLial reporting framework Ihal has been applied in their preparation is applicable law and United Accounting StaThJards. induding Financial Reporting Standard 102 The Financial Reporting StaThJard ¥WCate in the UK 8rMI RepublK of lieland. (United Kingdom Generally Accepted AccoLmling Practtce). The financial stalernents have be8n prepared in acC£dance AUntIng aThY Reporting by Charities preparing thèir accounts in accordance wtth the Fwwncial RepcKting Slandards apable in Ihe UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Rwtng by Charities: Slalement of Racommended Practice issued on 1 April 2LX15 is refwred lo in thg extsnt wilatw)ns but has l)een withjrawn. This h8s been done in order for the accounts to prov¥Je a Iwe arKI fair vi8w in accordance with the Generally Accepted Anting Practice effe(Jive repcyling beginnirg on or after 1 January 2015. In tyjr Opini the financial ststements.. give a true and fair wew of the state of the charitys affairs as 8131 December 2025 of its incoming resoLceS and applicalion of rescMJrce$ for the year ended: have been propedy prepared in acCOrdar with United Kingdom Generally Accepled Accounting Practica., and havè been wepared aclth8e *ryth the requirements of the Charities Aet 2011. Basis for oplnlon W& conducted our in ardance with IntemalicI Standards on AuditirvJ (UK) IISAS IUKII and applicable law. Our responsibilities under thoso standards are further described in tho Audilors. responsibdities for the audit of the financial slalements section of our reF#Yt. We ar8 independent of the charity in accordance with the ethical requ1mentS that are relevanl lo audit of the fv)ancial statements in the United Kingdom, induding Ihe Financial ReportiThJ Council's Standar(J. and have fulfilled ouf other ethical responsibilili8S tn accordance wlh these requirements. We belwe that the audit eviden we have ct•tained is sufficTrenl and apF)ropriale to provide a ba&s for cxw opin. Concluslons relallng to goiiig ci)IlCOrn In auditing the financial statements, we have nduded tt1 the Trusi88s' use ol tr+e goiThJ concern basis of accounting in the pr8paration of financial statéments is appropriate. Based on the work we have p8rform8d. w8 have Klentifie(J any material uncertaint$ lating to events or conditions that. individualty or ¢olleclivety. may casl swrficant doubt on the Trust's ability to continue as a gorng concem for a period of at least h¥elve nth$ from when the finanoal statements are authISed for issue. Our responsitmlilies and the resF¥Jnsitithties of the directo wilh resp1 to gcwng concem a described in the relevant sections of this rep¢. Page 6
THE LADY HIND TRUST Independent Auditors. Report to th? IA•mb•rs of Lady Hind Trust (contlnued) Other Snfomiauon The other inf0mtrOn ccKnprises the inlomialion induded in the Annu81 Rerort other than the financial Statements arvj (yjr Auditors. Report ther. The trustees are reSponS)Ie for the other information contain8d within the Annual RepcKt. Our Cpinic on Ihe financial statements thes not cover the olher inloimation and, except lo the extent olheThvise expliutty slated in our re[. (lo ewrgss any fom of assurance conclusion therec. Our responsiblity is to read the other infcmalion 8nd. in doing so, consider whether the other information is materially incon5iStent wilh the thancial statements or Jr knowle(ge obtained in the course of th& audit, or otheise appeaTS to be malerialy misstated. If we Kjentify such malerial inconsbstencies or apparent malerial misstslemenls, we are required to detemiine ther this gives rise to a matgrial misslalement in the financial slalements Ihemselveg. If, based on the we have perfcmied, we condude that there is a material misslatemenl of this other infomk81ion. we are requyed lo report that fact. We have nothiig to rep1 in this rewd. Matters on thlch we are rnqulred to r•port by gx¢eOlon We have nothing to in SpeCt of Ihe folknw¥vJ matters where the Charities (Accounts and Report$} Regulatior6 2008 require5 US to to if. in c4Jr opinion.. the Information gNen wi Ihe Tntstees. ResYy1 is inconsstenl in any material respect with the financial stslements.. or sufficient accounling records hav8 bew kept: c the financial statements are not in agreement with the accounfjng records and retums., Dr we have not received all the infomtalw 8nd eWan8lw)n5 we require for our audit. R05ponslbllltlo5 of trust••s As explained more fulty in the Trust8es' RgSFonsibditigs Statement. InJste8s are responsible for the preparatton ol the fmancial statements which gNe a twe aThJ fair view, and lor such inlemal control as the Iruslees detemiine is necessary lo enable the FryaralK of financial 5talernents that are free from material misstatement, whether lo fraj or error. In preparing th8 financial slatemenls. the trustees are re¥M)nsible kn assessing thg charitls ablily lo ntinue as a going concem. disdosing. as applicable. matters related to gotng concem and using Ihe going concern basis of accounting unless the trustees either inlend to liquidate charity or lo cease operations, or have r) realistic alternative bul to do so. Page 7
THE LADY HIND TRUST Independ•nt Auditors. Rtyort to th? M•mbers of The Lady Hind Trust (continued) Audltors. responslbllltles for the audtt of the financlal ststements We have been appointed as auditor uThJer sectm 144 of Charities Act 2011 and report in accordance wlh the Act relevant regulations made or hawng effect thereurHJer. Jr obie¢tives are lo obtain reasonable assuran al1 whether the financial statements as a wtrK)le are freg from malerial misstatement, whether due io fraud or erior, and Io issu8 an Auditors. RepM thal includes our opinion. Reasonable assurance is a t¥gh level of assura. twl is not a guarantee that an audit ¢xnducted irb accordance with ISAS (UK) will always delect a material misstatement when il exists. ML8Statements Can arise from fraud or orror and arn considered mateTial if. indrvk8ualty or in the aggregate. t1Y could reasonably b xpected to influenc& the economic daonS of users lak8n on th8 bS ol th8se financial stal8m8nts. Irregtjlarities. idudin9 fraud. are instances of n(anCe with laws and glations. We design procèdures in line wlh our responsibilrties, outlined aiM)ve. to delect material mi5slatewnenls in re5PtrCt of irregulari1185, induding fraud. The extent to whth ¢JJr Kvrtedures are capatle of detecliTr3 irregLtlarilies. inc1lIng fraud 1$ detailed below.. Based on ¢JJr understanding of th8 chaiity and iThJuslry, idenlrfy key laws and regulalM)ns affecting th8 charity. We idèntified that the ncApa1 risk offraud or nonrytsmplwice with laws and regulats.ons related to.. managemenl bies in resped of arntIng estimates and juth3wnenls mad8: m8n8gem8nl oVerne of ntr(l. posting of unusual Trjumals or transxtlons. We locussed on those areas that ¢)h risè to a mat6ri•t misskM&t in thè financial statements. Our Predre$ iUde. lyjl were not liThubJ to: enquiry of Manag&YnI and those charged with g0Veman around actual and tential lili9alion and Claims. including Instare$ of non-eoryliance with laws &bd regulatS KI fraLbl.. reviewirw3 legal exper¥Jilure in the Far to identify instances of nonthc0mpl1an with laws and regulations and fraud., reviewing fina181 stslement disck)surns and testing to SUPFX)rting documentati lo assess compliance with applicable18ws and rew1al., performing audit work over the risk of management overrJe of conlrds, indudiry testing of journal enlTie5 and other adjustments lor apprTiateess. evaluating the business ratK)nale of signifThnt transactions outstde the rw)ml CWTSg of and TgVigW¥W accountirwJ 8slimates bias. It is the primary responsibility of managemenl. wilh the oversight of those charged with governance. lo ensure that th? entiivs operations are condu¢ted accordarKe with Ihe prov5 of laws and regulafions and for the prevention and detection of fraud. 8ec8use of the inherent limilatu of an wdit. there is a risk Ihal we will nul delecl 811 irreguiarilies. includirvJ those leading to 8 material misstalemeni in the finane481 slalements or non-coffoliar with regulation. This risk increases the more Ihal corrpliance with a k74¥ or reguLalion is rerVed from the events and Iransaclion$ reflected in the financial statements. as we ill ths hkety to trme aware of instances of non-compliance. The risk is also greater r8gar(ng KwarlI1es rrirJ due io fraud rather Ihan error, as fraud involves intentional concealmen( forgery. ¢LluSion. Omi8$K or mtsrepresentalK)n. A further description ol resprmsibilitses for the audit of the fnancial slatements is located on the Financial Reporting Cwncil's website at: This description forms part of our Auditors, Rew1. Page 8
THE LADY HIND TRUST Indepgndenl Audltors. Report to the membe of The Lady Hind Trust {continued) Use of oui r•port This report is made solely lo the charitys trustees. as a body. in accordan with Part 4 of th8 Charities IAcctyJnls and Rep$) Regulations 2008. awjii work has beèn undertaken $0 that we mighl slate lo Ihe charivs trustees those matters we are required Io state to them in an Audilors. Report and for no other purpose. To the fullest exlenl pem)itted by we do not accept or aS$un reswnsibility lo anycM)e other than the charity and its Iruslees. as a b(wJy. for our autht thrxk. tlis rewl. or for the opnion5 V+E have formed. PKF Smlth Cooper Audit Limiled Slalulory Auditors 2 Lace Market Square Noth"ngham NG1 1PB PKF Smith Audit Limited are etroknle to act as a111($ tn tem of Secti 1212 of the Companies Act 2006. Page 9
THE LADY HIND TRUST Siat•m•nt of financlal activttie5 For th• Y•ar Ended 31 Dec•mbw 2025 Unrestrlcted funds 2025 Total funds 2025 Total funds 2024 Income from: Investments $94.327 594.327 519,478 Total incom• $94.327 594327 519.478 Expendlture on-. Charttable activities 570.527 $70.527 529. 156 Tolal •xperKlllure 570.527 570,527 529, 756 Net Incomel(gxpendlturè) b•foie net galns on Investments Net gain5 on investments 23.800 1.375.629 23,800 1,375,629 (9,6T8) 989,578 Nat movemgnt In lunds 1.399.429 1.399,429 979.900 Recon¢lllation of funds: Total funds brought lorward Net movemènt in funds 24.223.499 1.399.429 24.223.499 1.399,429 23,243,599 979.900 Total tund$ urrled forward 2S.622.928 25.622.928 24,223.499 Tb8 notss on pages 13 to 27 fcrfm part oflW fmancial statets. Page 10
THE LADY HIND TRUST Balance Sheet As at 31 D•comb•r 2025 2025 2024 Fixed as59ts Investments Current assgts 24,960,863 23.400,582 Cash al bank and in hand 669.357 829.837 Crediiors: amounts f811ing due one 17,2921 (6.914) Net current assets 662.065 822.917 Total nèt ass•t8 25,622,928 24.223.499 Charlty funds Unrestrtcted funds 25.622.928 24.223.499 Total lunds 25,622.928 24,223,499 The finarKial slatements were approved aThJ aultl$ed issue by the ttst.. ratt THFarr Trustee Trustee N R Sovory Trustee J D Pears Trustee Date.. The notes on pages 13 to 27 f(*m part of these fmar181 statements. Page 11
THE LADY HIND TRUST For th• Year End•d 31 D0¢emr 2025 2025 2024 Gash Ilows from opornting activiti•s Nel cash usèd in operatiThJ activities {note 11) 1570.1491 (528.794) Cash flows from investing aclivities Diwdends interest from investments Proceeds from sale of investnts Purchase of inveslments 594,327 579.478 2.882.346 3.201,704 13.066.998) (2.963,895) N•t cash provid•d by Investing activitms 409,675 757,28T Changè in cash and ¢h equivalents In year Cash and cash equwdlents at the beginnirwJ of the >Ear (not8 121 (1fj0.4741 829.831 228.493 601,338 Cash and cash oqulvalents atthe end of tho year 669,35T 829,831 The notes on pages 13 10 27 fomi part of these finala1 statements Page 12
THE LADY HIND TRUST N¢)t•s to the Financlal Statements For the Y•¥ Ended 31 Decèmbèr 2025 Accountlng policl•s 1.1 Basls of preparatlon of Ilnanclal statements The financial statements have been prepared in accordanee with A¢wunting and Reporting by Charilies.- Slalement of Recommended Practice apF4icab18 to tharities preparing their accounts in accordance with the Financial RerThtiry Stsndard applicable in the UK and Republic of Ireland IFRS 102) leffethe 1 January 20151- IChartti&s SORP {FRS 10211, the Fnal Reporting Standard applicable the UK and Republ of Ireland (FRS 102> aTvJ the Charities Act 2011. The financi statements are prepared in Sterkng wthich is the funclional currency ol the trust and rounded to the nearest £1. The L&Jy Hw)d Tru51 meets Ihe definitw)n of a public benefft entity under FRS 102. Assets and liabilities are initially re¢))giNsed at trA'stc¥ical cost or transadion value unless Q1heiSe staled in the relevant accnt9 rMIIcy. 12 Income All inccne is feccwised once the charity has entillement to the income. it is probable that the income I be received and the amount ol iicome recwvable can be measu lIablY. Income from investsnents is reewised in Ihe income arKI expenditure aont so as lo malch Ihe income within the peric*J il has been eamed. Any investment income r8ceived in advance or in arrears deferred or accfued in the balance sheel ad91y. 1.3 ExPendIre Expendilure is recognised there is a legal or constructive obligation to transfer econ1¢ benefit to a third party. il is probable that a Irarfer of econonN¢ b8n8fits will b8 required in s81118menl and the amount of the OtAlgati can be aSUred reliably. ExpdItu on chLIe ac1wit is inayred dire• undertaking the aclivtties which further the charivs objectives. as well as any aSlated supporl costs. Support costs c(Mnprise all expenditure wsiro durry the ruming of the charily. 1.4 Internst rtc•ivable Interest on funds hekl on derwl is ire wthen feceivabla and the amount can be measured reliably by the charity: this is rnjrmalty upw rK)t1ti0n ol Ihe Intere51 paid or payable by th8 instilutM)n 1.5 Investments Fixed asset InvestEnts are a fonn of finarKial nstwment and are initially recogniseé al Ihe transaction cost and subsequontly measur8d at fair valLJe at ihe Balance She8t dal8, unless the value cannot be measured teliabty in vthch case il is measured at cost less Nnpairmenl. Investment gains and losses. whether re8lise(J or unrealised, are combined and presented as 'GainsllLossesl on investments. in the Stsiement ol Financial Aekn.vies. 1.6 Cash al bank and In hand Cash at bank and in hand indudes cash and short4errn hhJhly liquid investments with a short maturity of thr88 months $$ from ts date of acquisilion or openirMJ ol the deposit or similar account. Page 13
THE LADY HMD TRUST Nt)tes lo the Financial Stat•m•nts For the Y•ar Ended 31 Dècembèr 2025 Accountlng pollcles {¢ontlnuod) 1.7 Credltors and provlslt)ns Creditors and provisions are reec#Jnised where the tharity has a present obligation resulting from a past event that wll probably resLAI in the transfer of to a third party and th8 amount due to settle the oblatIon can be measured or eslimated reliably. Creditors a1 provisions are noTrnally rocognised at the¥ settlennl am(xmt afler alowiw lor any trade discounts dLFe. 1.8 Financial instnun•nts The ¢haity only hos financial assets financial liat)Itlies of a ktnd Ihat qualrfy as basic financial inslrumenls. Bawc financial instwmenls are initialty reColsed at tranSalon value aNJ SLbbsequenly measured at their seiuement value wlh the exception of bank loans which ar8 subsequently measured al amrtised t>JsI using the effeVe inlerest nwhod. 1.9 Fund ac¢ountlng General funds we urestrted fiJrMYs whith are avaibWe for at the discrelion of the trustees in rther0n of the general obpdives of lh8 ctharity arKI K¥hich have not been designated for other pUryse5. Imiestment infx¥ne, g8ins aNI losses a allLxated to the appropriate fvnd. 1.10 Commlsslon M Invostment tran$•10$ Profits on sales of wiveslments are net of cc)wmissiLn5. 1.11 Grants pald Grants are recognised then Ihey e atvoved lo be paid ty the Iruslees. Inv•stm•nt Incom• Unrestricted fvnds 2025 Total funds 2025 Tot81 funds 2024 Bank interest InvestnI irnirne 12.754 581.573 12.754 581,573 11,136 508,342 Total 2025 594,327 594.327 519,478 Totsl 2024 519.478 519.478 Page 14
THE LADY HIND TRUST Notes lo the Flnanclal Statsm•nts For tho Y•ar End 31 D•¢emb8r 2025 Anatysls of expenditur• on charltabl• actlvOII•s Summary by fund type Vnrostrlcted funds 2025 Tolal 2025 rotal 2024 unstrICted funds 570.527 570.527 529, 156 Total 2024 529, 156 529, 156 Analysls of expendlturn by actlvltle5 undertaken direcuy 2025 Support costs 2025 Total funds 2025 Total funds 2024 Unrestricted fun(ts 28.027 570,527 529. 156 Analysls of (lire¢l Gosts Unrestrlctgd fvnd$ 2025 Total funds 2025 Total funds 2024 Grants {nole 15) 542.500 S42,500 501.500 Page 15
THE LADY HIND TRLIST Notes to th• Financial Statem•nts For thè Y•ar Ended 31 Decemb•r 2025 Anatysls of •xp•ndltur• by actlvlth (contlnu•d) Analysls of support costs Unrnstrictsd nds 2025 Total funds 2025 Tot81 funds 2024 AdrnMistr8lion expense5 Meeting exnseS Slockbroker fees Other expenses Audit arKJ acc4Juntaw faes 1&053 616 18.053 616 16,572 928 1.386 1,858 6.912 2,068 7,290 2,068 7.290 Total 2025 28.027 28,027 27.656 Audltors. ramuneratlon 2025 2024 Fees payalle to the Charis •Jdtlor for th8 audit of th8 charitys annual accounts 7,290 6,972 T1?05. remuneratlon and expenses DurlNJ the year. no trustees r&eived any reMUneraln w other berIt$ f2024- £NIL). DtJriThJ the year ended 31 Qlecember 2025. two trustees received reimbursements for expenses. totaling £253 {2024.. £842 received by three Irvslee5). Page 16
THE LADY HW4D TRUST Not•s lo ts Flnancial Statomonts For tho Yoar Endod 31 DKomb•r 2025 Flxod a$s•t Inyostmonts L15ted Investmonts Cost or valuation At 1 January 2025 Additions Disposals Revalualior 23.400.582 3.066.998 12.405.421) 898,704 Al 31 Decemb8r 2025 24,960.863 Nel book value Al 31 December 2025 24.960.863 A131 December 2024 23,400,582 I the fixed asset 4weslments ¥e wi the UK. The investment acquisitions aThl disrxjsals are nel of trnvestment man8ger fees wmmissions of £34.240 (2024.. £28.919). The £1.375.629 of net gain$12024'. £989.5781 on mveslments in the SOFA includes £898,704 unreali5ed gains 12024: £329.5251 £476.925 lSed ga#is {2024.. £660,053} in ffjlation to fued asset investments. Page 17
THE LADY HINO TRUST Notes to the Financial Stat•monts For the Year Ended 31 Docefflb8r 2025 Credltor5: Amounts lalllng du• wllhln on• y•ar 2025 2024 A¢cruals and deferred iome 7.292 6.914 Statem•nt of funds statwn•nt of fvnds - current year Balanc• at Balan¢• at 1 Janu 2025 31 Gains1 DocembeT ILosso51 2025 Incom Expondlture Unrestricted fund8 Capital arno1 InCtne amount 23.972.624 250.875 1.375,629 25.348253 274,675 594.327 (570.527) 24.223,499 594.327 (570.527) 1.375.629 25.622.928 Statom•nt of funds- prlor y•ar Balance at 31 Decemb81 2024 l January 2024 Gains/ (Losses) Inc(yne Expenditure Unrostrfcted funds Capital amount Income arTh)unl 22.983.046 260.553 989.578 23,972.624 250.875 519,478 (529. 156) 23,243.599 519.478 {529. 156) 989,578 24.223.499 Page 18
THE LADY HIND TRUST Notes to the Flnan¢ial Stat•m•nts Forthe Yr End•d 31 0mb•r 2025 10. Analysls ol n•t ass•ts betwe•n fvnds Analysls of nèt assets between fvnds- current year Unrestricted funds 2025 Total funds 2025 Fixed asset investrnents Current assets CreditQTS within one year 24,960,863 24,960,863 669,357 669,357 17.2921 (7.292) Total 25.622,928 25,622,928 Analysls of net astS bolwggn funds . prlor year Unfeslricted fijnds 2024 rotel funds 2024 Fixed asset investrnents Current assets 23,400.582 23,400.582 829.831 829.831 (6,914) (6,914) Cr8ditors th within on8 ar Total 24,223,499 24,223,499 11. Re¢¢)nlIatIon of net movement In lunds to nel cash flow from operatlng ac¥110•$ 2025 2024 Nel movement in funds fur the JEar las per S&ement of Financial Activiliesl 1.399,429 979.9QO Adjustments for. Net galns on investments Dividends and interest from investrnenls Irease in creditors 11.375.629) 1594.327) 378 (989.578) (519,478) 362 Net cash used oporating acllvltlos {570,149) (528, 7941 Page 19
THE LADY HIND TRUST Notes to tho Flnanclal Stat•monts For th• Ywr Endod 31 D•c•mb•r 2025 12. Analysb of ush and •qul¥alents 2025 2024 Cash at bank and in h8nd 669,357 829,831 Total cash and cash equivalents 669,357 829,831 13. Analysls of Net Cash At31 Dècember 2025 January 2025 Cash flows Cash at barkk and in har¥J 829.831 (160.4741 fj69,357 829.831 (180,474) 669,357 Page 20
THE LADY HIND TRUST Notss to thfr Flnanclal Stat•m•nts For th• Y•ar Endod 31 D•c•mber 2025 14. Rokt•d party tran8a¢tlons C W L Barratt. a twstee, is a director of Barratt & Cooke Hold19 Limlted. whose wholly owned subsidiary, Barratt & Cooke Limited manages Tnjsl's Investments. Fees and commissions paid to Barrait & Cooke Limited dIng the year amounted to £35.45512024: £30.6531. Barratt & Cooke Limited does not charge a pericJic investment management fee. Tho trustees (x)nsid8r that Ihe remuneralion compares favourably wth charges levied by her investrn1 managws. From 3 November 2025 C W L Barralt ceased to be a Iru5tee. However, al this (18le H E 8arratt wa5 appointed as a Iruslee. She is the wife of M W Barratt. wlx) is 8 director of Barratt & Cooke Hi)klings Limited and Barratt & Cooke Limited. N R Savory. a Iru51ee. is also a nonoxeculive director of Barrali & Cooke Limitsd. C W L Barratt ts a trust8e of thè Nwi¢ C8lhedral Trust. During the year, a grant of £Nrf12024'. £20.CM)01 was made lo the NoNich Cathedral Choir En(k?nt FuThl. N R Savory is a trustee of Music in Cwnty ChLwch8S to wANch a grant of £Nil {2024.. £10,0) was made during th& yaar. N R Savory is a trustee ol Whiuiroham Charitatle Trust io a grant of £20.000 12024.. £Nill was mwje durirvJ the r. N R Savory was the president of A$harn to vthiL a grant of £1.00012024.. £5.0) was made during thè year. N R S8vory is the treasurer and on the Parish Church CnL of Great SnoriThJ Church to 1¢h a grant of £2.C[2024.. £Nill was made during the year. T H Farfs son Is a trustee of Unanma Threatre CIC to wlith a grant 01 £2.$0012024: £Nill was made thjring the ar. T H Farfs wife is a trustee of SoutWI Music Festival to whKh a grant of £5,0 {2024: £Nil) was made during the w. All trustees of the trust vhKJ have authth and reSpOnblty for planning. directing and controlling the activities of the tTu are Sidered to be key managem1 petsonnel. Tolal remuneration in respect of these ilIvlua1S is £NFI {2024= £Nil}. 15. Grants pald to In$tltutI¢x of £l.000 or morg 2025 A¢¢ommodatlon Framework Hous1 Aw•X*)n Hope Into ktion NoThw Sl Martiri's Housing Trust s.000 5,000 10.000 20.000 Page 21
THE LADY HINO TRUST Notes to th? Flnanclal Statament$ For the Y•ar Endod 31 D8comb•r 2025 2025 Armonico Consort The Garage Tnjsl National Centre Wriling Non4ich Theatre Royal Pintsize Theatre Ltd Soulhwell mu F8Stival 1,000 1,000 1.000 2,500 2.$00 5,000 13.000 2025 Churches Church AJMY Great Snoring Parish ChLwch cn¢ PCC Sl Peter & St p1. Heykn The Norfolk Churthes Trust Nottinghamshiie Historic Churcthes Tmsl Th8 Parish of St. Andrews A[lle Hdt V?th Al Sainls Woven St LecJegarius Clmrth. Basford St M8rg*efs Churth- SwamrvJlon 1,000 2,000 10.000 13,000 10.000 1.000 2,500 2,000 41,500 Page 22
THE LADY HIND TRUST Notes to Flnanclal St•t•ments For the Y•ar Efidèd 31 Decenkn 2025 15. Grants pald to Institutlons 01£1.1)00 or mor• (contlnu•d) 2025 EdutIon Asslst Trust Break Computer Aid Inlemalional Country Trust Footprints Co1ve Educal#)n Centre ICEC) Landmarks SpecialK8t Colega Life Skills Educalion Nottwigham High Schjol Open Road Wesl Norfc4k Tnjst Royal Norfolk Agricultural Associalion Schoolreaders Speech and Language UK 1.000 2.500 1,000 1.000 13.000 1,500 2,500 15.000 20.000 10,000 2,000 5.000 74,500 202S Environm•nt Marine ConservatvJn Sfyiety Whiuinghan Charitable TTu5t 2.500 20.000 22.500 2025 seC•s ABF Th& Soldiers Charity- Norfolk 2.500 2,500 Page 23
THE LADY HIND TRUST Not•s to the Financial Stat•m8nts For th• Y•ar Endod 31 Docember 2025 15. Grants pald tt) Inst51ulkn$ ot£1.1>00 or mor• (conllnuod) 2025 Groupslclubs Gardens of Givir#J CIC Greenway Centre Josaw Youth Cl Victoria Embankment P8rkrun 1,000 5.000 1.500 2.500 The Zone Youlh Project 12,500 2025 Horitage CanalsKle Herita Centre The Excelsior Trust Green's Windmill Trust Rescue Wwden Boals 1.000 3.000 2,000 8,500 2025 Medlcal l Dlsabled Addenbrwke'5 Charilale Trust (ACT) zheimerfs Research UK Beal Eating Disorders Big C Appeal Lld. Bowel C8rttr UK Brain TurrKJur Researth British Liver Trust Camphill Communities East ANya Cardiac Risk in Ihv Y¢)ung Changing Faces Dove Cottage Day Hospir Easl Anglia's Chihjien's H05Pi East Anglian Air •IrnbulC8 Epilepsy Reseach Instile UK 10,000 1.ofAI 2.500 10.000 2,000 5.000 1.000 2,000 2.000 1,000 5.000 3.000 15.000 1.01)0 Page 24
THE LADY HIND TRUST Notes to the Flnanclal Statsments For the Year End•d 31 DKember 2025 15. Grants pald to Institutlons of £l.000 or mor• {conllnu•d) 2025 11gdlul l Dlsabled {contlnu•d) British Epilepsy Associat•)n (EpiWy A) Freed Beeches Improving Lives Keeping Abreast Ltd Lincolnshire & Noltingh8msfwre Air AmlyJlance Listen¥ig 8¢)k8 Little Lrfts Maggies Nottingham Motor Neuronè thsease ASSoualp (MNOAI The MuFtipl8 Sderosis Society MUS in HO81$ & Care National RhéLwnaloKI Arthiitis S¢>?ety {NRASI The Nottinghamshire Hospi Orchid Fighting Male Cancer Peter Le Marchant Trusl Rainbow5 Chl¢kni's Wice ReaL* Leaming Oisability The Roy Casllè Lung Cancer FndatIOn Shine Spin81 Researth St Eloabeth How Siror¥Jbones Chddren's Charitable Twsl Tinnitus UK Vnanima Theatre CIC The Urokngy F(MJndation Well8eing of Women Liv8$ vs Cancer 1.000 2,500 2,500 1,000 15,000 1,000 1,000 10,000 2,500 2.500 1.000 2.000 9.000 2.000 2.500 2,000 15.000 1.000 1.000 10.000 2,500 1,000 1.000 2,500 1,000 2,000 1,000 156,000 Page 25
THE LADY HIND TRUST Noto$ to tho Financlal Stst•ments For the Year End•d 31 Dgcember 2025 15. Grants pald to Inslltukns of £1.0110 or mor• Icontlnuod) 2025 Wellare Action4Y¢yJth Age CorM- Cartlon & Oistiict Age UK - mOttgham and NottirKJhamshire 8assellaw Community arnj volunt Service Break The Chains CIO Broxlowe Women's Proj8Ct 8UILD Emmanuel House SupF(¥l Centre ENYP EP Youth Fareshare Mi¢Jan¢Ys The Friary Glaven Caring CIO Groundwork Five Counties Great Yamiouth and Gorleth Y(xry C*ers The Hamlet Cltre Trusl The Hardman Trust 2,500 2,500 7.500 7.500 1.000 5.000 1.000 25,000 2,000 1.000 3.000 5,000 5.000 5.000 1,000 1,000 1,000 3.500 2,500 2,500 3.000 1.000 8,SOO 3.000 1.000 2,500 2,000 1,000 2.500 1,000 10.000 15.000 3,500 2,$00 2.000 2,500 5,000 1.000 2,000 1,000 Heathway Nottingham H8bron Trust Home-stsrt Nottingham The Jericho Road Proje Little Miracles Malt Cross Trust Company The Matthew Projett Musical Keys Nancy Oldfield Trust Nelson's Joumey North Norfolk Community Transpcyt NOttghaM & NoltiThJhamshKe Refugee Fcrfum Notts County Foundation NSPCC - Notts'nghamshirt Oliver Hind Qub Charity Open Minds Refugee RcKIts The Renewal Tt- Noltingham Central Wn'S AKI Rhubarb Fami Sup[rt Healing EdUtIng {SHEUK) Siblings Together Th8 Soual Action Hub Star Throwers Pagè 26
THE LADY HIND TRUST Not•s to Fln•n¢lèl Stst•ments For the Year Endèd 31 Decornr 2025 15. Grants pald to InStItlOn$ of £1.000 or more Icontlnued) 2025 Welfare Icontlnued) Sue tsmbert Trust Swan Youlh Prq'ect Transfonning Notts Together The Vine Community Centre 2,500 1.000 5.000 2,500 166.000 2025 Other Asharn Show coUntye Allianeé Forever Notts. Norfolk C(M)Nnunity Foundation STAA Lld 1,000 1500 10,000 2,500 5.000 21.000 2025 Tolal grants paid lo instit of £1.OCQ or more Other grants in aggregato 538,000 4,500 Total S42,500 Page 27