REGISTERED C14ARITY NUMBER.. 213463 Report of theTvu$to08 and Flnan¢lal Statomonts forlhtr Yfmr End&d 31 Docembfrr 2025 for THE CUTBU8H & CORRALL CHARITY Knox Cropper LLP th*tsredAcc4)untsnt8 aThJ Slalulory Aurfiior8 Sllte I Haslernere House Lower Streèt H061emei Surrey GU27 2PE THE CUTBUSH & CORRALL CHARITY Content? ¢f lho Flnanclal $18t8m&nt8 ror the Yoar Endgd 31 D8¢embgr2026 Pago Reforonce and Admlnl•tratlve Dots118 Report ol the Tru4t001 2 to 7 R¢port of Ihg IndewndontAu(Iloi• 8 10 10 Statsmont of Flnanolal Aotlvltled 11 8atan¢¢ Sh8el 12 Cash Fl¢)w Sfat8m•DI 13 to Ihe Caih Flow 8tatsmont 14 Nole¥ lo th8 Flnanc181 Stat•M•nfs 15 10 24 Q&talled gtstementol Flnanclal A¢iivltle8 25 10 28 THE CUTBUSH & CORRALL CHARITY R8lèrenco and AdmlnlBtratl¥e Dvtall8 lortho Yeor Ended JI Dèeèmbor 202 TRV8TEE6 C Hlghwoc41 L Haggart D Smlth G Proud DJOY WCo(knroft S Morrt$ Ire819ned 7.8.251 8 Darbysh R Sllkln D Khadka lapWnt8d e.1251 PRINCIPAL ADDRESS Gollogo Fam CollÉg8 Avenub MahlBt¢ne Kent ME15 6YJ RE018TERED CHARITY NUMBER 213483 AU￿rORS Knox CTopper LLP ChartBred Accountanlg 8nd Slaiulory AudMLYS Offl¢e Sulla I Hael￿Ore Hou* Lowgr Slreot Has16mere SuirBy GU27 2PE P8ge 1 THE CUTBUSH & CORRALL CHARITY Roport of thfr Trus18¢B forthe Yfjar Ended 310eeamber 2026 The Iru81ees pra6onttholrreporiWlhlh?Inandal 8tsiem8nt8oflhgoharlty foTlho ￿arende￿31 De¢amber2025. Thetrustoe have adopted Iho wovL8lon$ of AoKountlng and RepDMro by Ch?rfUe$.' Ststempnt ol Recom￿ThJ8d Piadc8 8prAIc8ble to ¢h￿tle3 prepBrfng thelr In a¢cordancg the Flnandal Repo￿￿ll St8nd8rd opplkobb lfi Ihè Ln< Ind Repu￿1¢ ol lieland IFRS 1￿](0118clv¢ 1 Je￿Uary 20191. OBJECTIVES AND ACTivifiES ObJg¢llve6 and alm¥ The Ch8rllV8 objects ggtoul Intho governlng d0￿Men1(15 Wombor201008 amended by resolulk>n8datsd 16 Juty 2020 ahd 16 October 20ZOI are.. lal The rel￿f01 w¥$rty by the p￿Sknn ol alm8houJe accornmDdollon for tho beneflcI￿les,. and Ibl Such ch￿table W￿0&61 foi the bwvfilof th8 resld¢nls hy the Irwtè88 deolde The b8n8*clarlas of thè Ch8rlly ￿11 be parsons In need by reason of ago, lll heakh. disablllty, Inanclal hatdsNp or Trlher dl59th8ntage ol noi k81 than llfty year6 of age. Most b9nelel8ii68 will b8 InhabltsnlF ol the Borough of Mald$lone. and Iheve 1$ W0￿610n lo favour resldenl6 of Harrl8lsh8m, applleÉnts over Ihe age of 60 year8. Fr8etn&n Df th6 Flshmonger6 Lfvery Conwny And member8 of Ihp Unilarnon C￿[ch In lh8 411￿allon of certgin 41rnshou80B. PulJllG bonoflt TheTNstee8 have duo regard lo the guldance on puNlcb8nBfilwbfished by th? Chaw ComThl48lonwh8n revI￿ng Ino and 014￿l￿e8 ofihe and In *nnlng lulurg 4clivilie¥. The TnJ8le8B belpye Ihot the acUvlll•s undertaken ln tho yolr f¢r xhl6vkng the obJeclW$ of the Charfty h$v8 mgt the wtllc b8n8ftt requlternenl. P89• 2 THE CUTBU8H & CORRALL CHARITY Report ol th& Tru$teg8 forthe Year Endo¢J Jl Dgcembgr 2025 A¢FIEVEMEKf8 AND PERFORMANCE Chawftabie q¢llvltl98 DUrfI￿ 2LY26, the Charliy con11N￿ to luifi its of Pr￿dIng allordotle. 8ecLve and w¢ll-mwnaggtl almshou8e accomrncrfJ8li¢m forfnose In n88d. Demand for the Charfvs houslng remalned &lrong, ￿th 69 8xpro$slons ofkn161061 rocelv duilng Ihfy year12024'. 741. From Ihesa. Twslees apwoved 17 appllc*nls. le5￿14￿j kn 15 n8w b9neThclartg9 belng aFpolnted 121)24.. 22 approvals and 16 appolntm&ni$l. There wai movaThnl In 19 akn8hou888 Ihe year P024,. 221, reNedlrvJ broadly st8ble level ol lumover 81ty3ned Wlh avall814e capadty. Al ihe end of iho yw sBven 8pwovod applbxnts were awalllng an offer of a¢¢omllTrJdglhJn #nd oxl$lkng resWBn18 wero 8Waiting A tran8ler to morè 4uiiable arKommo￿lIon (ln all ca￿8 a mm io ground Noor accomrnodalbnl. The Ch8rlty reCeIv￿ very row enqu1ri88 from Gouple• ￿akIng accommoda￿on. 8fLd no courAe appllcatlon8 progre¥$ed duwin9 the year. TN$ may Indlcate Ihal the wrrenl balance betW99n 18r9¢r prop6rt168 and ￿n9￿0¢Gup&nCY Mm$$ remdns broadv aw)roprtats In meetir￿ demond. Th&Chailty swceEsfully com￿et8￿the developmentgllw0rw￿￿galOW9. *wChwaredel￿erad￿tlrnBand c¢upled $horfty 8f¢?rwmplgtion. ￿lIe the Wn¥Iru￿1On W￿kS ¢aus9d 80mB vnavoldabla dbiuplon to nelghbourtng r¢8ldent4 tho now home8 provld8 hiuh-quallfy. energy-elncbnl acwmnK¥Jallon. Th&88 modem. we4-d86Wed propertles offei worm 8TrJ wmlortgbl* lI￿n9 envlronm8nt8 8nd 2r8 8xPÉt￿d lo hglp feduL* f661d￿lS, energy wsls whlle Suppotha their lOng4￿rn wellb8lng. Th8 th￿De Ihg Tnwlge$' ongdfig ccfflmttmenl to devekylny home8 Ihat meet rA)DI￿porary $land6rds. Prow8S Va8 n)adg duilng the Yeartow￿ thg Charltykn trawlilon lo a ¢h8rftAble Infw￿8ted ￿g￿l$allon ICIOI, Ythlchwll ovldg a MON mod8m le9al Structure slrenglhen govoinan(e ariangem&nt8. Tru81998 oblalned fornial ￿nE Ircth tho charlty Comml$8bn on 4 DeceThbw 2025 &gCtlon 28OA ol the ch￿tIeS Act 201110 8￿nd the ClwtiV8 owts In PTepar811on lor Ihl8 tran<4on. Profv5sional advl8ois have been ar4Jolnled lo 8UPFK)rt Ihe teg81 and technlc81 a$pèets of tho Ir8n8f8r, Indudlng Ihè trangf6rofass8t8, lome ofwhld) romaln Lnreglstered vAlh HM Land Rogl¥try. The Iian8ithon iom8ln8 on track foi Com ￿¢tIon by Ihe Bnd of2026, Tw8tee$ al80 strong1￿￿#d Iho cha￿￿0 fl￿a￿l￿ ovar8lW Ihe thvebpment 8nd adoP￿on of a rAHnprehens Irweslmert and Re¥eryeJ Pollcy. Th￿ ponGy now giRde5 the wotk of tho Chohvs Investmtrnl Monager under a th9ttetbnary portfrAlo Man&ge￿nI grr8NJément. supwrtlng a more Str￿lUred and 8traI8g￿ arvoacn to managlru ffn8ndBI r8scur(xs. 8uppottiNJ r88k1￿15 iu malntaln Independenc8 romakn￿j a key pmorfty, Durfrg ygqr, Ihe Ind9p￿d¢n1 Lmng Polty was enhantted Ihrtyjth Iha knlroductbn of an lTh16pendent LfvN)g Ch￿￿111, whlth Is used by fhe Resldent Se￿¢88 team to guM18 conv8r8etlon8 r98Klen16, Thls approach hglus lo Identify at an gady s14ge Ih05•who may expe￿￿￿t¥j dlfflculllets Wth dally Ilvkng. enabllw Ilmety aTYJ 8PPTwlat8 8UPPOrt fiom INrd party provkler6.. In June. t￿ Charty ewaged Iho Nallonal Coun¢ll forvoluntsry organlsal￿jns INCVO) lo wd8rtok9 a governanea r6vlewand ptoilde tralnlng tr)r Trustees 8enlui¥taff. wk Included a thi&É.day ryowamm6 ￿1￿InStIn0 In an Irpp*son trah¥ se5810￿ loJJ&ed on ihe tOL￿d￿l10r* oftrustee8hlp and effecllve ¢￿9r11Y governaryh. AS g res￿1, Tw3leBS h8vo tsken slop¥ to plrgnglhensucces￿fjn pLHnrfng arvJltDpto¥Bairan98mgnls fordele9allon, AnewlTu$le8 r6r￿￿MentP9ck hg&be$n dév61opod to 8UPWrtfvlur8 Bo8rd renavdl. Changos have alGO baon mad8 to Ihè yrallon of 8￿cOmMItte88 Ind the Baard. Sub-commllteè# now ffjdèrt*è rnorg d8tall8d seruliny ol mallors M￿lhI￿ tt18lr r8mll and provlde dear recommendatton$ to thg Board, redu¢lna dupW¢aUon and enoblSng Ihg Board io IoBu5 mDre effecllvely on stra(￿ dÉ¢l$tortrmgkln9. The88 cTrwu88 are exp8ct8d to ￿hanc* over811 govoinance effecli¥ene88 and elllclerKy. R18k monagement Guntlnue3 to a ￿orffy for Ihg Charliy. Tru8le88 recelve regular urxlaie8 Irom 61gif on progreB8 8gelnst eCti￿ io rti119ate Idonliffed rlskg, Suppor￿n9 8 proathe anrl slnjclured approath lo managlng uncertainty. Overall. lh8 Ch8hty m81ntsined stroJvJ demand lor Ils hou8lDg, do1fv8red hkJhquolty new homfrs, and $tfoTrJthen?d 118 govwDan¢• and Oper8t1￿al Ir8mowork. Thege athlov6menls podllon the Ch8rliy wdl to tXDllnue m&8llng Ils obi8clives supportlng beneficlartes In the yew5 ahead. Pag8 S THE CUTBU8H & CORRALL CHARITY Roport of tha Tru8tge$ roi thè Yeo¢ Ended 11 D•¢•mb0r 202$ FINANCIAL REVIEW Flnanelal pogluon 1118 the gonoral Wlcy of the Trustees to mokg Sure thal Ilw lévol ol w8eldy mBlnlon8rK8 rxJrlrlbullmB meets thg ￿818 al runrln9 Ihe chailty as Idgnufied In th& Slath8nl ol Flnanclol A¢t1￿t1P￿. In 2025 ts weekly rnahlenance ￿trIbutIonS amountèd lo £1,037.e8512024.. ￿2.98718nd Ihe cost of runnlng th¢ charfty w86 £941,B7812024.' £BC6,5￿1. Th8 nel SU1￿￿3 for the yew 8ft8r adlusung galn$ oTrJ10888$ on kwestsNonls 8rDountsd lo 6.71412024." nEt surplu& £381.9411, Tolal funds al theyBar-gnd gmounled lo £12,698.14912024.. £12,172,4351. OfW￿ £2,416,767(￿24.. £2,221,573) werohold As permanenl erKSowrTrwst fvnds, £1.350,136 (2024 £1.366,0201 held a8 resthcl8d lunds and £1.293,897 (2024.. £1,248,313) hehl a8 d091gnatadfunds. Unreslrktsd gen￿81 fund$ amoun1￿ to E7,e37.349. afterdedudlrvJ &K8d8888ts heldforlh8 use re88TV88 amounted lo £321,837. The ohailly h8# conthued to make further Inve8tments to pr￿de fot fulvrg gxtraorthnary r8p8ir, Improv8m8nt or rebu*Jlng ol the home$ and w(yertlgs bèionglngto the Chailtyand al30￿ P*tof8 R￿0v[￿rE￿10rdQrMade bylhe Chorfll&s Commlsskjn. Tho TN8tee8 t¥ke adwc8 from tholr Inv881menl a￿￿￿e[s, Can9￿rd Genuty Wegllh man8￿mIni In rna￿￿9 these inv881m8nt8. The Inve81menl& held as ftiert assols havè Inwme of £138,09512024.. £123,764) for Ihg y94r and therg WHS a nèt Irue98e In Ih8lr Market Yalua of £28a,10212￿24'. In¢reas8 £92.3e21 after I*iTYJ Into occourt thè and dl8po#811 In lh8 yegr. Inv•stment polley and obl¢¢tlvg$ Tho Chalky hLldB Inve8lvrtnl$wlth thg g8n8ro1 otleGIfv? io growlhe cap]ta kn r881 tern￿ vthm8l￿r￿a1In9 a rnas0￿ble rqlum to support Ihe ChaW8 I￿￿erM sustalnailllly. A& part ol this Iho Charity ¥0gk8 lo bvlld a Devaloprn&nl Fund lo fund the amWlon to bulld n8w age.apw0￿8t8 gCCTr))m0d￿llOn. wNlg1 malrtdnlTrg ¥uffldgnl I￿ul￿1￿ lo lund èxlra-ordlnary topalrB Ihe oxl$llng 8IDck. Tho ¢h8rftl$ Iwo Inve8lm8ril PDrth)Ilo8 g¢ngraled retum$ for 2025 019,15% and 16,14% respe¢iivety. a981￿1 a mwket ben¢hmark of 11.4Wh. Re88rvog polley The Ghailty holds roseNeE* to en¥ure ftnendal rggllencg. ￿ntin￿tY af 88Mces, gnd capadly lo del￿ar 19 2023.2028 Strateglc Pl4n. IndudlNJ lth doveknpmonl of nÈw alm8hou5e 8￿M￿￿8th)n. FrL¥n 2026 ¢rn3tQ¥. Ih Ch8fflty expec18 to gsneralg F4annod annual swiseg lo £1FA),wo+I 10 8UFPNt bng lemi InvastmonL kndudlThJ lh8 ￿￿r￿UL3t1On ol cepligl for ura ilta acqu151￿0￿ &nddev8lopm8nt. Qperauonal acttvtyls ￿rt￿throu￿ Weekly M8lntenm &*￿t￿l￿Ons. ￿ tfuslee$ have &stANL8hgd 8 8truLtwod rg88rves Iremowork vnd8r whlth &wplus unroitrfct8q tunds are de8lgnaled lor speclflc PU￿)995.. the A¢¢umul&to41 Inoorne Fund lo p￿￿de wrkln9 ca#lal ar￿ shwl temi Ilquldly It8rg8ting approxhnat8ly Ihree months. 0￿raur@ cosl81. tho Extraordlnary Repalr Fund to meet repalr5 capltal WOTks, and Ihe Developm&nt Fund to surwrt lulute 8lm8houBe dev8lopm8M. A P8rmanènt Endowrnenl Fund l& held In acxordarKe with Charfly Comm188lcn requlrgm8nl$, %4ilh In￿m? appllEd lor arltable PUiPQ8e&. 8uikluse8 8bovo oparallon4 re9￿[ement￿ S￿ transferrod tts d8sl9nated re$oNes In lin8 ￿th ihl8 poky. d a defined anr&￿1 I￿￿p￿ent oNg8llon kn Ihe endothgnont (und Is m81 from ￿re81￿cled lunds, The trustess revlBw reBeNe IhE wnliTYJgd 4pwokYlaleno58 oldes1g￿llon$ rowiaty, tsklng gccount olr¥)watlonql rl$k, lulure cornmllmenls and 5trat¢gl¢ Wans. O¥erslghl IÉ prO￿ded by Ih8 Poatd. 5UPPOrted Lw Ihe FlnanL* Sub Commlltee. whlth rewlews re8¢rvo¥ Inve51menl terfonnanca quarterty. T￿t￿l￿te86 ¢on$lder current re5etV95 pollvy erKJ lfrvd8 to be appropfl8t8 to Ihe ¢harf￿ pr¢8enl and pLqnngd athUeJ. Golno concern Atter meJ(Iw ￿pprop1L8l8 ￿quIrI￿S, Ih? Truetee8 hDvts 8 re9sonab￿ Ih81 the tharfly has adequatè resou1￿5 to conllnug ui ¢poraUonal ex151e￿8 lor ts forests&8ble futur&. ForlNa rpa30￿ IheyconllThue lo &opt the g￿ng ¢onc•rfi bas18 In propatlno lh8 finoncFal $wèm8nli. FutEher ddoi18 regarflng tha 8doplion ol Ihg 99iW b8sfs can bo 1¢)vnd In ime a¢¢ourt"n9 polldeB. Poge 4 THÉ CVTBUSH & CORRALL CHARITY R•port ¢fth• Trusts09 forthe Year Ended 31 De¢emb&r 2025 FUTURE PLANS Tc•N8rd8lhe end 012025, a keyrn9ThbeToIfv Charfly'smanagemenl le8m. thp Head ofFlnarte & Rewrc8s. r811gnod. Swlft arrangemths pul In p&cg 10 en8ur8 conllnuity, wlth the work10￿1 ￿Ing ¢owred a tsmporary ba￿8. During 2026. Iho TnJsl8e3 wlll take th8 opportuTrlly lo revlgw the ¢urrgnl $laff slru¢tur¢. 14lth a to Imp19met*lng th￿98$ th81 improv8 affldéndès, Èmure ari d8ployod In lh8 most wroprf8ts w8Y, 8nd m8xlnlse w8ltfve Ifflp8cI foi ban&flcl￿8$. Uslng Ihg r8$utty of Ihe rglrofft gurv8y thidortaken In 2026, 8 progrArnme cl work8 ￿11 be dgvoIDped Implemenled to lthprove 8nei9y ellclon¢y w4hln th$ Ch81ilW6 propptlig6. Tho00 Improvemon18 are Snten(kd to r8th 8n8rgy con$umpV and. as far as po0￿b￿9. mlnlmlse ￿￿lIty¢0318 for b6Tr8tklgwles. The pknned tlwee-yearty IBvlBw of weèkty m￿nien0nC8 ￿rrib￿￿on VNMCI Wdl t¢ undèrtaken. Th18 ievlew wll ¢oko accounl ol prop8rty Va￿01[c￿$ Garr4ed out by Ihe Valuallon Offlce snd Ihe Twst89s' Inlentlon to ￿￿tInue to S81 Ihe WMC aEeo% oltho ￿￿¥81￿nI falr renL Whllè no maior rAplld prl&l8 ￿anned for 2026. Ihg Tru8leo5 romaln O￿n to fviwe developm6nl opporiunlUo$. In partlcular. th9 ts¥trb0dr￿ bungaknwg at thB Cdlege Walk slle o¥renlty bwefit from plsnnlng permI￿10Th ond may be r8eDnflgured Inlo Nvo one-bedroom unlts 95 ondwtsn they become vacant. 8ubiecl lo r88ources aThJ that9* ptloritlgw ?1 tlme. To further5tr8nyihen wmance wr8n9aments, ￿11 eanllnu6 on Irrolemenllro MCL4nmanda￿O￿ made by Ihe Natlongj Coundl Voluntary Oroanl8allon& INGVQI. Trri$ the recrultrnBnl Ol￿dI￿O￿al Tw5tpBg and the ola cl¢ar dologotEon Thb proc68e oflr8n81err]ngtWCharliVJ bg8181ruclur8tO 8Charlt8tAe IncDtPDTatedOig8nlBalion (clo)￿11 contlNJelhroughoul thg y88r. wllh the TW5te￿ olming b ￿m¥￿et8 Ihe tr8fb8ler by 31 DÉe•mbor W28. STRUCTURE, GOVERNANCE AND MANAGEPIENT 13overnlnu do¢ument Tho Culiyjsh and Corrall Charly Is a chBrtty ￿lS1￿0d by tho Charfty C￿MiSsion and gov8rn¢d by thè dated 16 November 2010185 amBnt$8d 18 JUW 2020. 8nd 16 October 20201. It l& an unlnts)rporatad a$*oclatEon. RgcNltm8nt and 8ppolntm&nt ol n6wtlUSteO• Thgr¢ 8rg tBn Trustee5wh8n Ihs 808rd 15 GomplBl9. Thwo are e￿h1 Iwlatlv8 TnJ81889 term olollceerthe$ forlfv y9ar8. They dro Voted onto Ihe Boord by 8 slmple majorlty of voles ¢a8t by tho 8xl8llng Tru8tse$ at a spe￿31 megllng ol th Tru8tee&. Th9 r8m?IniNJ TnJitèè& 8ra nornlnatlve Trust￿ term ol office endwe8 lor f￿r yeors and are appc4nle(I by Maldston8 Borough Coundl. Iho Tiwtsgj holylng office dvring yeor are d61all￿1 on Fkgge 1. Cqndhjatute fDr a cmptallvg Truslep Is kbrmuPsi8d o sklll? uTh*rt8k8n by ihe Twl89B. Organl8atlonal struetuwè The Tru8tees n￿alfOUr￿Me8 a ygar 95 wdl as 818ny SPgLaal meetlng Gonvgngd. Seme frustees. dutlee oro d¢l¢g¥led to 8U rrffliltees comprlslng ￿￿1&Y four Tru$lÉtt and Ihe c1￿k and CN8f Offtc8r. Any 8uch subcfjmmlttee feport6 to the Maln 8oard for their adion8 and dedalons lo be not￿ 01 &8rthed, 85 th? case may bè. Such sub-cowntnllle88 m8y deal I￿1h 18$uo$ Ike pKKes&lno olwAlc&tlon8 for dmshovsoE, 8crullny oflhe budg81 and bulldlrvJ8 malnt8nAnc8. Th6 Clerk & Chlef Omceris re8pon8lble for tho Impknmenl8ttDn ol the Tfu81eo?' dedsv)n5 and hes l)mM responslblllly IDrthB rn8nagErrtsnl ol Ihp Charlly. Clerk & Chm oincer IB ￿rran[ty 8UPPOrt8d by t¥￿ senkr managèr6. tha R6$bJ￿1 Ser￿9 Managw Mnd the Hoad olOpBrallon8 and & 8mall team gf8UPPOrt 8toW. InduBtlon and tr&lnlng ¢1 newtrygts88 All n8w Tru8tseB ale gfven ￿ Indudlm par* tyj the ¢1gth and Ckief ONk8r to Include a wpy Df Ihe Chw Commlgslon Sthetne, pF&M(ws yoofs A￿unts, Mlnutes olthè iasi TN5198s Meetlng and a Rèyldenls Hgndbook. The re8pon$1￿1tI18s ofA Ch*1ty Trusi8tr are a180 exp181ned ty the Cleik and Chval Offlw. In addllv)n, Clerk and Chl¢l OfflcerenBure6 thal the n6W Tiuo1è91o lamllart8ed On general lerm&l ￿th the hou8lng 8look and th8 day-lo-d8y worwngg of the Chgrlty. The fN$tees are Offe￿ the opporiunlty of trairlng atth8 semlnar8 org8n188d lor th18 tsy tho Nrnshouse A6¥rrtfatlon Kgy managwmont remuneidlon Stslf$alarte$ ore set by Ihe Board olTru61ee$ In a&￿an¢eWIth th8 ChadV8 Psy PoNcy. Pagg 5 THE CUTBUSH & CORRALL CHARITY Report Of the Tiuste88 for th& YBar Endod 31 Dgcomher 2026 STRUCTURE, GOVERNANCE AND MANAGEMENT Rl?K monAg8m&nt The ItU81Bes h8va o dulyto Id•nUfy.and w8vlew lh8 rt8k8 to whh* th¢ ¢harlty18 exposed and Io 8￿￿r8 8pprr4Yl8te coNro19 ar8 In placa to reoBonthe assuranc¢ 0galn•t traud and error. MalN r15ks lo whlth th8 charity Is exposed as Id8nllaEd by the Tr￿te0$ ar8 re￿OW8d on a règilsl ba515 WKI ¥ys19wffj or protsdures are in pkqce to manago Iho88 rf8k&. Th8 Tw818es the Charity8 d8k rwthr at e¥ery Board meglng, R18k Ecore8 are rè88808È8d atKI a¢j￿8(al 95 nec0S￿ry. based on the Tru3leo8' a8W6monl d both lh8 Ilkelliwd of o(xxuroncg aTrY Ihg Fdenual Imp￿1 on Charlly. Dudng 2025, iwo risk8 We￿ idenlifled aB weB8nllng a h￿h lavol dfr18k". vu Th8 ongolng ¢Asi$ In ho8llh and 80Gl81 c￿8 pregonis a slgnwkant r19k that vuln8r8bl8 re$k10nts may nut recglvg rh¥ bvel ol support requlrbxl lo enable them to Ilve 8•lèly and Indepe￿on￿￿ In th8ir h)n*s. In lom casa8, ttls could Wac8 re9klènl8 Ih8mÉ£fv68. t* Ihek n819hbovrs, al rf5k &nd create Unreason0b￿ addlut￿81 demands Ihe Chsrity'e atgtt. Th1$ rfsk ha8 baèn p8rt10Ity mhlgated through Ihe ImPleM8nlatF￿ of a Indop8ndenl L￿1rtg Pollcy and Introd￿tIOn of 8 St￿￿1Ur￿ th8¢￿181 by the Ro$thnl team to hl8nttfy r8sklent$ who may b8 bgglnnlng to 8truggltr with th8 demand8 of dally lI￿ng. However, daaple th888 meosufe9. thD rfjk rallng remaln¥ Ngh. Experi?nc8 Indlcales that 5ts1ulory 88rthco$ Often fduEl&ntto InleMn8 atarb 8arly stage, partlcularly whgre provlslon ofèupporf. 8Nh8r In the hom6orthr￿j alternat1￿ aCCOMmod8Uon, would re8uII kn IrKreasèd coyts to tho¥9 8erkn8. ss The Ch411ty lac88 a rt8k relallru fo Iho reciultm9nt ond retenlkn of BuIt8trAy S￿l￿d VC4un￿erTrtjS1ee8 wJfflcl8nlllm8 and expertence to 8UPPOrt Board gOVer￿rKe. Difflculy in rerwlliryd kJc*l Trustees InNea8e8 Ih8 rl8k of reduttd 8¢ard gffeci1￿￿aS8 9nd ws1l1￿Cq. Stsps ha¥8 beon taken to mIl￿tte Ihl¥ rhk. Indurjlny the devglopmenl of a Tw8ts• rnuultmwl pad(. Ho*wer. on¢ vleancy ramaln6 en the 808rd Ihe char￿,$ knngest.8ervl￿ Tru818e. 25 yeaw8' servkg. ha8 trbdlc4tsd her Int•nthn to r8tire durln9 2026. At we8enL only four ol tho Ch8rfty's nlne se￿Ing Trus18￿ ha￿ serwBd foi fewer th8D nkne years. In rèupon#8. tho Trustee8 kI8n lo ￿dertake o tatgelgd r8crLAbTh￿t￿mPalqn durfng the corn1￿ yearlo $lr•ffjEh8Th Q08rd c¢pgdtyi Itmase Bkills dveislty 5UPPOrt 8UCC888bn plannlw. srATEMENT OF TRUSTEE5' RESPONSIBILITIES Th&tnwtees a￿r9¥p￿11bre l¢xpiap&fjwlh8 Repi%lofthaTrusleps aThJlh8financla18Ia￿7ents In accordarKe**happ11¢8trAo and UnN&d K[TrJd￿ A¢&yJnliNJ SlsThJsrdB Ivrlled GenBmlly Accepted Ace0￿￿ng p￿11¢8). Chailly law req￿rea (ho Irusteg5 lo prepare financld Btabment8 for •aL* finandal yew. Under Ihol law. the tFutha8 havo •l&t8dtoprapare IhEI ￿n￿￿k￿1918temenls In oc¢crfdanCè￿ih unl￿ KlngdomQgnor¥llyknepled Accounting Pr￿1￿0 (Untted Klngdom Accounllng stand*8 and appltcqUg18wI. Under (*arlly Lqw tr￿1888 musl not approv• thg finandal stthrMnt8 unl888 Ihey aro tsaU818d Ihal they glve a Irug a￿j falr vlewol the $iat0 ofaffdrs oflh8 chgrfjty and of Incoming rn8ouio88 and apr4ba119n E>1 rg¥we8, Indudlnu th8 Income and 8xpèndlluro. of Iha charlty for that Porlod. In preparfn9 Ihose fl￿8￿[81 8t91ernen18. th& Irusteos sre 18qulred lo 88lecl 8ultablB wxounlrvJ po4c488 8nd thgn 4>ply Ihem con6lsienNy'. the melhods pfindWe8 In Ihe ChBdlE8s SORP.. make J￿gements ond esUmo1&& Ihatare re9$one￿O &nd prud8ntr. 3tHta ￿thether appficaNa aits)unlkng Btandords have been followod, $vUecl to any matw1￿ departuroo dI8d0￿1 and eX￿aIned In thg finsnGkl $lalemonts', prepgre the finand91 $tal8mont8 Oll th9 o)ncem ba£1$ urlo&$ It Is lThakvWate to w8$um8 thal chgrtty ￿11 conllnug In buBlnes5. The trustee6 are re8pon8Ue frK keoplng prO￿raccoun1nY rery)rds whkh dlK108e vilh r8a80n8bla 8ccuw al Ony Uma the fina￿[al posllion of thè chatlty and to enable them lo Qnsure Ih81 the fiNa￿l81 statemeThts campiy Ydth Ihe Chorilips Ad 2011 andyhe Chafity . In ouroplnlon the IlMnd8181aEemBnts.. glve a (rue arnd fatr vlew ot thè gtate ol the tharitys aff8if8 a& al 31 Dacemèer 2026 and ol tt& IncomtrvJ rèBaurc88 and appllcthn olre50urce8, forthe ywthen ended.. have been piop6rly prepored In accord￿)ee w5th Unlled Ktngdom Ggneralty AccW4d Accounllng P￿￿&.. and have be8Th piapaied kn ac4?)rd￿ce wilh Ihe rwulremgnts olth¢ Chgdtle$ Act 2011, Pa818 foroplnlon Wo coThJucted our audll In 8ccwdance wllh Inlernatlonsl StandArd6 on Audit1￿j ILIK) (1S￿* IUK)18nd akWlcabl6 law. Our reAp￿SIbIlI11es under thoae stsndard5 arè futlhef d88cribed In Ihè Authtor8' reswn51blllllgs lor Ihe audk of the finoncl81 8tat8rn8nl% secllon of our r8POrt. W8 ar& indep8rll18nt of th& charfty In ?￿or￿anCe vlth thè elNrA rgouiremonls 1hat arè rdev4nt lo oureuolt oftm fjn8n(aal slatements in Ihg UK, In¢ludlw the FRC* Elhlral Standard, ￿dwe have lulfllled ourolhor ethlcal r8Brth51Allllgsln ac¢ordancèwlth IhE8e requiFements. Wa belleveth81 Ihèaudll e￿der￿eWehavQ ob181ned Is r4Jffldènt and $pprowate la provts18 8 ba318 lorwr oplnfon. Con¢lu8ion8 rèlatlng ta golng wneern In audlllng lh8 hMn¢￿1 slal8m8nts, we havo eonEludod that Ihe Imslfje8' UBe of the goiw con¢em t4FI? ol aoxuntlng In th¢ pry*on ol the finandal 11olemgnts Is 8PWOWi8te. B88ed Ihg IwIrf( we hava parform8d, w8 have not 1tl9ntif￿d 8ny matei181 unc8rt4ln118s rtslall￿ lo event8 or condltlon8 that. Indfvtdulty or ￿1￿¢￿￿8￿. nw ¢a$l &Ignif￿1 thubt on the Ch￿ty& abllmy to o)Mnue 88 8 wncern lor a peilod ol •t 18&8t t¥¥elvo monlhi from whon th8 fina￿la1 stgtements are authorf88(I for188ue_ Our r8&[￿61t11￿I88 the reBpon$5bfl1116s ofthgtru8tees wllh r95pecttogolng¢oncern are de3wbed Iri thg relevgnl I￿On8 of Ihlg roport, Other Informatlon The tIU8t888 ar8 responslble lorlhe olhor knfOrrr￿I10n. The olherlnformatlon wmprlees the Inbrmatlon kncludwj h th• Amuai Report. olhgrlhan Ihe stalomn19 and our Rèwt ofth8 Independanl Audltor8 Ihereon. Our opknien w Ih8 financ￿1 slatsmen18 okJ95 not ¢Dvar th& othèi infom781ion arKI, gxrnpl t? thg extent Ot￿rY￿s￿ explli*t 8ldlad In our rw. w6 Ik) not exws any fotm olassurancg condusbTh theffjoTr. In connectron wkh our authl ol Ihe st818rn8n18. our w$p￿lts111ty Is lo 1È8d th? Qlher lrfoMAllon 8nd. dolng BO, r￿￿et￿rth￿0rhOr Inlorn￿lbn l& matèrlally 1ncon91slenl￿Ih the flnarKlal ststement8 or oui knowledgo¢bldned In ihe audlt or app8ars to LE rnatsrfal￿ rnI88tal￿J. If we fjdentffy suth mo19rlal Ino)n8tslencl&8 or 8pparenl maieiial Mi8&ts18menls, ￿ are raqulred to dBtetrnln6 ￿ether Ihl$ I1￿ to 8 m8tErfal mls8t8temenl in tho financlal 8181gmellls Ih8msefves. 11. ba8ed on Ihe ￿rK have pwforrned, we Ihal Ihero ￿ a m4ledal rn18gt8lernpnl ol ih18 other Inlorm8lb)n, we aw? reqLlred h) rep(xt M fact. We havè rtthlhg to reFuA In *N¥ r8gard. Mallgr8 on whlch w• ate re4ulr&d lo rep)rt by gx¢eptlDn have rnlhing to report kn resp8ct of the follo*lng matters where the Chorfués IAccounl8 and RèpM$l RégulBUc*)s 2008 18quir8S U$ to r8port lo yw11, M our o￿n>￿'. Ih? InfO￿atron glven In Ihe Report ofth8 TIuBt•o8 L8 Incon81slEnl In moterfal respacl vAlh the financlal 6tal¢mgnt8', or sufilclent om)uniiny recordB h8vè nol b8en kept., or th8 fina￿￿1 6talemenls aro not kn agreemonl wilh Ihg a(EgUn￿ng ro¢ord8 reiwns,. Of W8 ha¥e not recalv8d 81 lh8 InformaliDn ¥rvJ gxl8nallons ￿ r8qutre foreur gudtt. Responslbllltl?¥ oftru$tso$ A6 trxplalmd mote lully In Ihe Staièm8111 ol Tru8tee8' Re0￿91b111I1e8, the trusléo8 are r88pon6lble *Jr Ihp prgparallon ol the flnanckql $laiornentS V4Wc* glve a true and lolr VI￿, ond for 8Ut* Internal wnlrol a$ the Irustee9 daleTmln8 is nee8$sary lo enBbb the preparallr￿ ol IInan￿lI gta18menls that ato Iro9 fwm mat6rfal mlgsl8temonl. ￿th￿rd￿9 to fraud Lyerror. In Jxepath9 IhF fjnanclol $lalemgt*s. the t{U81￿ are re¥pon$ibl6 foT a86￿￿￿j tho ¢h8rlly's a￿lty lo conllnuo gdrvJ concern. (IsClo￿n9, as sppfKaNe, mallers relaled lo gdng corKorn 8nd uslng the yolng conc￿) bas18 of occtsunhw un1988 IIK8 tru$t•ès Intond to I￿Ul¢JaI9 Ihfr ¢harfty ¢xtQC8880 opef9ti0Th¥. or have no r&dlsliG alternallvg bui io do BO. Poga 8 Report ol Ihe Irsdep•ndent Au(Iltor8 to the TruBtees of Thfr Cutbu8h & Coffall ¢harfty OUY re8ponolbllltlg0 for the audlt of tho flnanclal 8tthtnth18 Wo havè been appolnled as audlltrs under Se¢tbn 144 of the Charillg8 Acl 2011 and report h accfjrdaM$ the Acl aTrJ ielevgnt tegulalion8 m*le or 8ffe¢ltheieundBr. Our oblBGtIvBe are to oithln ￿a￿un￿bIt a$8wencé abo￿ wheth6r th8 finaneJ81 st*ments a8 a whokn we ffe8 frun ffl&tsilal ml6$lalemenl. whethor duo lo Iraud or Error, and lo Lssue 8 Report ol thg Ind0F¢r￿enl AudStor& that Indud88 our op(n￿n. Re&sonable 8$sV￿ce Is a kvel o18S8urarKe, bjt r8 a guarantee thal an a￿lIt conducted b) Accordance wlth ISA$ IUKI wlll alway8 delecta m81¥rial rn153lalomenl 4vhon Itex151s. M15s1alemÈnts c&) 81118 Irom fraudor èrror and are con8td8rEd mal8rlal11. lTrJlYlduwlty or In Ihe aggregatfj, th8y C￿ld raa8onably b8 expected io In￿en¢8 tho economlc decjslons ol u8er$ 18ken on the ba￿8 01 Iho88 finatKlal tlatemenb. The 8xtent lo wNch ourprocgdure¥ ore capaNg or¢je￿n9 Irreg￿ar11kn, Indudlng fraud Its dda11ed belov. Irr8gul8rflle8, Inciuthn9 fraud. are InslarKes of Tron-¢omplan¢g wlth S&ws 8nd Iogulallms. W8 d881gn wocedure6 In Ilne wEth Durrespry181blllJ88, outhnad ab)ve. lodeleci rnderlal mlssl8tementB kn resp&dollir¢gulathlo8, indudlTVJ fraud. The exlBnt to Ich our pioceduro$ ar8 capable of dptgdlng Irragubrili98. IrKludlrrfJ Iraud18 daldl6d below. We oblan9d an LDJgr81gndlng ollh8 lega r?gublory Ir8meworks Ihatgr8 aPPl￿aLl￿ lo Ihe charfty and detsrrn1n￿ Ihal th8 Most 8igrifKwl ero Iho Stslement of Recommended Pradlce A(xovnliw and Reportln9 by ChBflUo8' ISORPI, In sCconlan￿ wilh Ihe Flnandal Rgportlng sisndaid oWl¢a￿e In UK IFRS 102). . Th6 Charfty 19 requlied to coM￿Y wlh charfty Igw and, based on our knowkndg? of It& Edlvlik8. hIeTh￿ed Ihal kngal requltetnpnt to accur91ely account kn r88tr1ciad fvnds was of key alynmc&N*. we￿￿￿[st00￿ h(Mflhe cherlly Is Cr*nO￿n￿￿11h Ihoso Itamework6 Viacommunlcguc￿w1th th080tharged￿1h govemancg, 10g81￿r￿th thè r6viewofihe thailvs documenled pollcleg ond woceduffj8. . We a8sessed the ¥usGepllblMly ollh8charlVs fin#nebl 91ataments to matshal mlsslatement, IncludlrKJ Iwfrat¥J MWJM ty CON￿erIng Ihe key r16ks Impa¢tlng the flnandal 8ts19fflgnl¥. These Included rbks assod01ed wlh Rèvénue Re￿on￿On, and manage￿nI OvgrrvJ9 oICDnlrolg, whkh werÈ d18cu8séd and Agiead by IhB audR1o8m. - Our 8pproach Induded qgtE6th9 Ihe tharflY$ reojgnitlon ol Inco￿ lo Ihe lerms of the und8rtykng 11(*nsé8 to rfcupy and a880dgted corrè&pond6n¢è, the revlew ol iwinal eTrtrfe$ prorw80d In tho 8ce¢yJiillng re¢ord8 gnd Ihe lnvqsUgati￿ of 31g￿￿¢an18Dd unusual tspn59GUonÈ hlenlltled from our ravi￿ of thé Éecothiino reccrfda, r &w>r09chw4& alg010 checklhal all re$til¢led In(￿aw&S KIBniified And sÈwr818ty 8cceurrtédft¢. Thls Included 1gvleWnglourThal adlu8lrnents and traTh8aclions. B8s8d on thls understgndlryj we d98lgngd our audll prcredures to Idontlfy non-cornpll8nc8 wlh auth la￿ and r8gulatlon8, Our proeottur05 knvohod ol1tr￿ reputkng lo thettustee8 Y4ilh rew to the apkql¢aJoTr of th¢ dc¢umented poNclgs ond ¥Y¢Codure8 arwj ievlowoflhe finandal 51ÈtÈrn￿I$ 10 en8urè ¢ompllonce wllh Ihe roporung roqultomenlB ofthg Cha￿ty. There are Inhgrgnt Ilmltdons ￿ lh8 8wJllptowluras d98ulb8d a￿¥8 and, the futhwramoved n0ndcompl1an￿ lawB a r8oulallcffis Is from Iho events and IiaftsBcUons r6fiecled in the finandal St818rn￿I8. thg le89 likelywewouhJ becom8 8Y13r8 of tt. Th& rl&k of not detsctkng 8 mèiarlal Ml#giatemenl ¢*Jo to fraud 18 h(qher than Ihe risk of wbot d8t8￿rg r¢wIl￿g from etror. as IraiKJ my Inyotve de1*￿ts concBalm8nt by, for tsxemp￿, lor9ery or1rtgntbno1 MIS￿Pre8¢nt9¢h)ns, or through QIU8￿n. A d98cflplton of our r8¥pJnslbNlilas for the aJdll of Ihe nnon¢lal Jlolemenls Is k)catod ¢)n Ihe Flnandal Rep(wUr Counrll'5 websit& al ww.fr¢.or9.vklwsithre8POll8ldlllle6. This descrlpuon forms Part ot our Repori of the Indep￿￿1 Audltors. PagB 9 Report ot tho Indgpondenl Audltors to Ih& frtsat&&B of Thè Culbush & Corr411 Charlty V•e of our Mport Thls repDrtIs mgdg8oAgly lolhe ¢haillls Irustsa$, as a body, in ￿)rda[￿ ￿1h P8rt4 ollhs Ch￿1108 IAuJJunls and Re￿t8} Regulaiifth 2008. Ouraudil WL¥k has been und8rthken 80 Ihat W8 mlghl 8lato ID the charlV¥ truthe? Iho8? malters we are requltg(t lo 8ta¢e lo ihem In aAauditor8' r8port and for rn other wiposo. To the fulle6textentpeTITiiil8d by law, we do not accopl ¢xa55urn8 r88pon&lblltyto anyong olhw thon the ¢horlty ond the ch8oty'8 Irwlew a8 a boty, for ourauoltwtsrk, forlhl8 report, or lorthe Op1￿0￿ we have IDm)ed. KrtoK &FRet LLP Knox Croppei LLP Chartored Aceount9nts aryl 8blulory Audlors Office Sulle I Hb8l&mer8 Hou80 Lowgr Slreet Haylemertr Surrey GU27 2PE Oal&". Page 10 THE cufBUSH & CORRALL CHARITY Stsl8m8Tht of Fln8n¢lal Actlvlllag for thè Yèar Ended 31 De¢frmb¥r 2W26 2026 Tol¥1 2Q24 Toial lund6 Unreslyktod lund$ Re8trkled fvnd Endo*Tn¢nt fund INCOME AND ENDOWMENTS FROM DMallci18 and ltyackn? 140 Ch?rlt8ble ac￿VItIeS Hwslng I.D3B,837 1,038I37 5.848 Inve8tmenllncw Olhor Income 142,482 142A82 81 129,522 601 T¢)tsl 1181400 EXPENDITURE ON Ral8hg lunds ,6B7 8,092 16,279 7.fv11 Charltablè i¢tlvlllwJ Hou8lTrJ 910 716 926 899 798 689 Total 917 302 941878 Nelgakrf on Inv•slmants NET INCOMEIIEXPENDITUREI Yran$f•r8 botwo•n lund• 302,487 118,8841 189.111 625,714 331,941 le Not movomoNt In lund$ 346,404 115,8841 196,194 625,Y14 381.941 RECONCIUATION OF FUNDS Tol81 fr￿dS brought lotward 8,684842 1,366,020 2,221,073 12,17WO 11.7W,494 TOTALFUND8 CARRIED FORWARD 931248 1360 136 2 416.767 12698149 12 172 435 Th• not88 form part olthg89 Ilnondg18lalaments PBge11 THE CUTBUSH & CORRALL CHARITY Bal•n¢& Sh8ot 31 Dpcgmber 2025 2020 2024 NoteB FIXED ASSETS Tangible 86sets Inw8tm8nts 13 14 8,809,177 8.449,679 808 3.426632 12,507,7B6 11,876.211 CURRENT ASs￿s Dfjblor8 Cash al bEnk snd In hond 15 66.1BJ 192,916 23,588 248,099 309.953 CREDITORS Amounts falllng ￿￿e￿#￿n ¢ne year 16 167,7351 173,7391 Nyf CURRENT AS8ET8 TQTALA88Efs LE8S CURRENT UABILITIFS 12,691,149 12,172,435 NET A88ETS 12 098 149 12172435 FUND8 Unroslridecl funds furd& EndDwmgnl lund$ 18 8,931,246 1,350,138 8,584,842 1,366.020 2 221673 TOTAL FLINDS 698 149 12 172 435 The Ilngndal stat6mfrntgwa￿ epproved tylhe B09rd ¢1 fru8tegs and authorlsedf0r18s￿Qn.. were slgTh&J on Its bohallby.. .Bnd The noies foim partof Ihg8e Ilnand8T stat8fflen18 Pay?12 THE CUTBU8H & ¢QIIFIALL CHARITY Caah Flow St8tomeht for the YoarErdod 31 DBcBmbor 2025 2025 2024 Notes Cash flow6 from op?ralkng act1￿1188 Ca3h gonerated from ¢)p?raltons Net cash pro￿ded by rygrthg 8cNlle9 C48h IIow8 from Inve#Uny a¢￿vIf1 Purchase of tangible [￿ed assets Purchas6 of fixed as$8t Investmgnlg sole olflxed aB691 Inv88lrTh8nls Inler8sl iecdvwj DMdgnd$ rece￿ Mov&rn0nt In Inveslmant man8g81 ¢a8h 1639.3611 1SB2.1131 571,819 4.387 136,690 (2%,8151 11,135,e441 1,261,443 5,788 114,170 126 *21 Nel cash In Invesllng aclfvS118$ 384 0621 110 0501 Ch*noe In Gosh *nd ¢￿h 84ulval•nt• In th• r•portlng perlod CaBh qnd cugh gqulval¢nts otth8 bpglllnlng of tho roporllllg p9rfod 1153,4911 176.S62 169.815 ¢￿h and ca8h oqulvllonh atlho end ol the reportlng perlod 192 916 The notes loim part orth868 flnonclal 8tsleThnts Pag8 13 THE CUTBUSH & CORRALL CHAwrY Nole¥ tg ¢he ¢a•h Flowstitement lorlhe Y8Br Endod Yl Decomber 202S RE¢￿ILIATION OF NET INCOME TO Nvf CA8H FLOW FROM OPERATING ACTIVITIES 2025 2024 Not Income fortho Y•portlng perlod181 pgr the Statsm?nl of Flnanclal A¢tlvltleBI AdSu8tm8ntB for: Depre¢lallan thaig68 Galn on In¥e8im8ntS Los& on dlsp05al olfjx¢d as80is In18re8t recdvod DMdend$ r￿￿Ved Axumulated dlvldend8 Iln¢r8a80)Idacrea58 In d$btors Oecrease In credttors 626,714 381,941 141863 1296,1921 9,096 14.30YI 136.6981 11,3891 13.4131 138.276 192,3621 1.450 15,7581 1114.1701 ,6931 fj,333 Not ¢18h provldpd by opgratlon 28e,a32 ANALYSIS OF CHANGES IN NET FUNDS At 1.1.26 g$h ffow At 31.1125 Nel c88h Cash at o￿k and In hand 346 397 153 481 192.916 153 481 182916 Total 163 4B11 192916 The note5 foim psrt ol Iheae Ilnanel81 st*m￿lS Page 14 THE CUTBU8H & CORFIALL CHARITY Not08 to the Flnonclal 3tAtom•nt¥ for th8 Year Énded 31 DBcember 2Q26 ACCOUNTING POLICIES Bwslg ot preparlny Ihe Iinanclal 8thtèm•nts The Culbu8h & Corall Charfly Is a ch8rlty gOvgrn￿j by a s¢hem8 date￿ 16 November 2010. &s amended on 18 Juty 202Q, and reglslernd ai • ￿th thp Ch81Ity Comml88ion of England and Wales. The 8ddre58 of the rO818r 0fi7¢e Is glven on P89e l. Tho finand8181818Monls of the chaiity. vhlth 18 a putJlG ben6fit enuty under FRS 102. heve bpen pr8pared accorda￿ vAth the Cherllles SORP IFRS 102}'Alw￿lIntr 8nd R8POrt*ig by ChallliBS'. S18t9menl of Recomm￿￿%[8d p[￿11¢8appltcabIfj lo(*8tltke8 pr8parfng IhelraGcount¥ln￿c0rd8nCe￿SIhIh¢ FharKlal Reporung Standard applkab In the UK and Repubk ol IF81ond (FR8 1021 leffecllvg 1 Jawary 2019),. Flnand81 Roportlng Standard 102 'Thg Flnanttial Reportlng Standard ap￿￿le kn tho UK and ReKthJlcof Ireland, Ind thg Ctharlilès Ac12011. Thè stat8m&nis have begn weparEd und8r Iho hlslorlral cwt convantlon. ￿th the eXC￿Tr ol lnv8Btm￿ts whkh arg Induded Qt matkelvaluB. as modllkd by th8 lova￿3￿0￿ ol c*rtalTh 886ets. Th8 fin8nclal 81ateThnlo 4r8 pr￿entsd In 8lerlno. 15 Ihe lunthonal eJJirenw ol the Charfty and 8re roundod tri the neamt wund. Thg accoun1¥ hwe been prepawj to give a'tTue and faor w1eW and have daparted from Ihp Chailllo8 IActs)unta 8nd Reports) RggulaUon8 2008onty lo the extent reQuIr￿ to wovtdg 4'true atKI lalrvl6vl. Thh d&p8riura lnvolvadf0lth￿n9 Ac¢ounlln9 and RapOrt1￿ by Chartllefj preparing Ihelr att￿nIS In accordanco *Alh the Flnanrlgl fteporung SlarKlatd 8ppIIc8b18 In the UK and Ropubllo of Ireland IFR81021 issuèd on 16th Juty 2014 raiher than tho Accounilng aTvJ Rewrlng by Chariile8 St8tsm6nl of Recomrnond8d Prathe effokn frorn 1st &)rl 2UJS whlch hoB teen thdrawn. Golny concern The finandal siatemenls have W wgpared on a going Gon¢8m b8818 as thè Tr￿￿￿$ bdl6ve rK) rnalerl uncertakntl95 ex151. The Tru51885 héw collld8tad the level ol funds held and th8 8xpod£d Iwel ol Incomè and expETrJiiuro lor 12 ￿￿thI ric￿ wth)rtslng Ihe6e finandgl stBtemÉnt& Tha budoated hcoTh aNJ th(p￿)d￿9 6$ suM8nt wth thg l¢vel ol ros￿&9 lorthe Charfly lo b? aklg to ¢onllnu8 a¥ a golng concorrL Crlflcal aGCOUnttng ludgvmenfs and Kèy 4ourc•8 of ••llmatlon wcgrlAlnty followng arè the ¢fllk81 judgement8 8nd kgy $ource8 0198llmgllon urwArf&lnty thal th& Board has modo In th Pr￿8$ ol ap￿VIng Ihe ¢hgrlly'¥ wunling a[￿ that have the most stgrlftcant affect on the amwnt rewnl8od In tho brondal B(blemnts.' Identificallon olhou6kn0 prormly The Gharity accounts for 116 OX4)gndiiur8 en houslng propertles ullng ¢ompongnt awwnllTru, Undor compDngni a¢xounllNJ, the ho￿7￿￿ property18 divId￿j Inb those COTDponenls ww ar8 uJn8ld8red to hav6 6ub6tanll8lly dWf6rent usafLI ¢¢onoml¢ lives. Judg8m9nt1s u88d In 84ocallThJ propaity costs beiwn o)mpwtht8 (l￿d. 51rudum, klld)8n$, balhmom8 Bkl ond kn delemiWn9 tho u86ful econom1¢ lkns ofeath ¢ompefieTht. Hou8lng property dewe¢l8llon JB ¢alculBtod on a compon8nt.by-componont b6515. The hl8Trtsficallon of suth compononl¥ Is a maller ofludgemgntond may havo a malerlal imp8¢1 on dopr¢datbn chgffjg. The compon8nl6 lected arg IhDse reflect howlhe mslor rap￿¢$ lo Ihe wopoty are managed. Income All incomo 19 recogthd In lh8 Ststomgnl of Flnandal owo the tharlty h88 8DJll8Thrl to tho ￿ndts. 1118 probable that the Irwg ￿11 be recelvéd and th8 amounl cen be m8a$ured roll￿y. For1ggade$, 8nllllemen¢18 t8kon as the earfler ol thè d8t& on whkh dlh8r. the chartiy Is a￿Tè Ihat probate h68 bean granted. Ihe e8tale hae b&8n Ilnallsed and nollficalbn ha6 been n)ad9 ty Ihoexecutors tothe charflythal a dlslrlbjllon wlll be made, lx when a dlstthbullon FE rscefved from the est818. Recelrt of a legacy 18 only ¢on$ldeiad wobable ¥￿en tl* amounlcan bè mea$ur8d r81iably and the diarlty has been nouled ofihe ¢xoCUto¢8 Inlenlkn ¢oThakeg dslrtbullon. there legades have been nolfi8d ID the ¢hafily. orthe charity 1$ Aware orthg orantlng of prob&lo, eiit6rf8 lor Incom& recognlllon have not been mel, then Ihe le￿0Y 1$ treated &B a wllngent asselond dlsc4osÉd Ilmalgrial. Pogo 15 conUnuÉd... THE CUTBVSH & CORRALL CHARITY Notes to thg Flnanclal Statomgnto- contknu¢d for tho Year EndKI 31 Doc?Tr￿>Qr 2025 CcC￿l￿rrlWS POLICIES . ¢ontlnu8d Income are rBcoyni8ed In th8 peiiod In ￿1¢h IW aro receTved. wl8BS there aro Gonditsc￿l Uiat hav• not b8en mai b8tse the clwrfiy ts enlilled lo Ihe re80WC•. Weekly rnalntenance tontdbuUon$and depo911 Inl8r8818re Indud8d In tha ft[￿[￿1819f8teM8n1S baknd an fho PBtIDd for wNGh Ihty relats. Income kom h)ve8lmenlg In the loim ol d￿d￿nds Inleresl Is indud8d In the Insncial 8t818mentBwhen declared. Expendltur& LI8Nllllos ai• r8COgnl$gd as eypOnd￿Jr8￿5 8$ there Is É18gal or conslrucuve d￿Jga￿On corNfilltkng thè ¢horfty10 Ihal eXp￿dIlure.1l (8 probzth that a tw)slerofecoMmio bBnoflt6 wll bÉ requlred In 5ettl8rn8nt and the arnounl 01th8 obltgatknn can be MeAs￿ed r8llat4y. E%pendilure18 accounted foi on an 8cGrual8 b8$18 and has be6n ¢la881fl8d under headkng9 thataggrogateal cost related lothe ¢alegory.WherBGUStscannotb8 (jIrec￿ 8llrfthubYtO P8rtkaJlarheidln they havE been allocgted lo actlvllles on a ba61s consistent wilh I￿ use ol res(xJrca8. Cost8 of rnl¥h9 l￿d5 CL¥nwlse8 the eosts r8l&lng to the Inveslmants. ExpendlbJr@ On Gh4rflablg acllvltlas th8 eolts of runnlrvJ 8n¢J makntolnkng Iha dmthJv498 aTh1 prowng 88rvIGes qn¢ benefits to Ihe ￿side1)I¥. AlloBalloTh Ind apportlonrnent of¢￿1# 8upKort ¢x)sls ar0 tho88 funGIFons Ihal 8$8151 lh8 WDrk of Ihe chorlly bultlo not dlroth und8rtok• therflaNe acM88. Support QO$lÉ Intluth office cost$, persomel, payrol, and 9overnanco cosis K¢¥lc* suppori Ihe ch8rily's programm88 and aG￿￿t￿8. Thege ts)$15 have bg8n alocaled ba￿en cost ofrafslTrJ funds and expondilure on charita￿e aGti*Atie8. TBnglblp flx8d a8S•tÈ HouslrrfJ properfos ar• 8taled al dEpreclaled coat. The cost of complolerl h￿U￿ng proper￿06 h dèpf8daled uvgr Ih? IKe ol ihe proF4th88. PropertyeE are ￿Counted foron a componentC08t bas19 wlih &ach cA)mponBnl belno dewedat8d OV8r 118 Èsllrnalod eoonorth 1118. Th& prlnripal compon&nts IdenUTréd aTKI the deprochdon r8to applle(I to egch Mpon￿l are sel ￿ bdow.. FAbrk RoDf Elecldcs Window4 dc Bglhrooms mechanic￿ sy8tetllS Kllch8n Bollors Y¢ar8 100 40 30 30 30 20 C¢mputsr equlpmèrt CompLtsr Equlpmanl18 siaied alde￿ed91o￿ cost. [￿praC48t10n ￿ provlded at 20%'on a 81ralght Ina ba￿1 lo wrftq off the c051 cl fb(ed a988t8 over th￿rexPec10d UEelul lfves. TAxatlon Tho Gharlly 1$ exgmpl from lax on118 tharrtable ￿1￿1108. Fund aoaountlng Unre¥lrictwJ ￿ndS c8n bo used In &cordaMe ￿1h lh6 d)ofllaUe Object￿tt al th8dfgLThUon of the InJ81ees. Re$trlcted ftmd8 ¢an be uaBd tsrpart￿￿arresIrlCtsd purpoBe8wlthln Ihg of4eG15 ofth? tha¢ly. Re81rth8 ads& wh8n $pe(ifled ty the donor orwhen Hre talsgd for pgrtlcular re6hYeAed wrpoB88. Furth•r exF4anatlDn oltha natur6 and wrposo of $a¢n ￿nd Is Indu(Jed In the rKlteE lo Iho flnanclal sts18ments, P•ge 18 conllnued... THE CUTBUSH & CORRALL CHARITY Notes to Flnan¢lal 8tHtgment8. COM￿nue￿ for th• Y•ar End¢d 31 Doce¥nb¢r 2025 ACCOUNTING POLICIES- oontlnuod D8btor8 Ti8do ethw debtots are 18cogn18ed at 5oMemenl amowll duè after ary Irath dlseount oifèred. Prap9yri￿ls are valued 81 the amount prakold net oF8ny trade dlwurbts tsje. Cash at bank and In hpnd Ca8h ot bank and ca6h In hand IrKlude$ ¢a5h temi hlghty ￿q￿d Investment8 vllh a Bhort m81urity of three m¢nlhs or le88 from the date olaqul¥lUon Dropenlng Otthg depO￿t or 6imllw 81XOiWt. Cr8dltoN •nd provlslons CrvdSlors and provi5Ion8 are recognlsed wherolhe charlty has a pre58rt1 ¢bI￿allon rowlllrvJ frorn a pa$t event thBlwll probatAy te8ultth the iransfer of funds to 8 Ihlrd patty 8nd the amount du6 10 5eitlè the obligailon can bo measured c e$llmat8d rellably. Cr&111￿8 vmd prow181on8 are noTmalty recognised ol Ih•lr 88llbm8nl ￿QU￿t aftw all￿￿J for any trade dtscounly due, Fln•n¢lal In¥tnM¢nt8 The charity OW has financlal as￿19 atKS flThandal IL8b￿lI￿a 01 a klnd thal qualify e5 ba$lc Inano¥al SnsirumeTri8, Baslc Ilnat¢bl instrum8nls InltlAIty r8DJgnl8e(J ottran8￿¢1Qn va*Je and 5vbsgquenUy measuied al tholr5eKlemeTht vahjg th Ihe 6xvpttoTr ol bank bJ8n8 whka are 8ub8oquently m6aswed at am¢rlJsed cost u&lny effe¢ilvg Inlèr881 fflelkK)d. Invgglm•nt8 Investmanis are a knmi DI b88lG flnanclal Inv8¥lm8nt gnd gre Inlllally rè¢ognl8ed ol their tianyocllcn valuè and su￿quent￿M¢SSUred allalrvÈlu8 a6 atthe bolanco shèet date ￿￿ng IheC1￿1ng qthJted Mark81 Th88lalemenl oliinandal 8th118s Indude& tho rElgalnB ynd10888s arlilng on revalualorTr8 gtKI disposals throughout thoy8ar. Roalised g2ln8 9nd1088es C￿ Inve$tm8nt5 Bie cakulgtad 89 Ihe dlfference belwe¢n salos proc88d8 and tholr openi cfirrylng v￿6 orthlrpurctwe vakna Ifawilred subseq￿nIt0 ihe f*slddy of Ihg fin8nclal y8aT. UnreaI9edgaln$ and 105&•8 are CalCu￿ted 85 Ihe dlW8rw ihe 1011 ￿lue 91 the yaar end and IhdrcaTryip9 ¥a1u8. R•¢oupmgnt Ordgr The charily Is $ubleGt lo e R¢coupm8nl Ovderm8d8 ty tho Chortty GomrffliB8lon 13 May 1993 In rnsp8Ct ol hlBtorki payments made oui of tho pgmianenl endowmanl, ￿lch were g¥PEnded on Phase 11, Cuibush & Corrdl Courf. Payment ofup10£555,OOD w&5 permhllèd but Itwa8 agreed vllh th8Charlty Comml38lon thatonly £366.0￿%￿*S used. Th? rowptnenl perk)d is 80 yè818 £6.083,33 perannum18 therefore sèl as￿0 and Inv8818d In 6hores eath yoar, The income arlslrKJ ftomthg¥o1nve6lm8ni8￿II Mtform partofihe perrnanenl eDdowTh8ntlts811. and¢*n b8 expend& by th8 ch8rlty agalngt the g￿er81 fvnd. DONATIONS AND LEGACIES 3025 2024 140 Page 17 conbnued... THE CUTBUSH & CORRALL CHARITY Nofys to th& Flnanclal St•lgments. contlnu•d forlhe Year Ended 31 Dècgmber 2026 INVESTMENT INCOME 2026 2024 Inv081menl Irthm& Dew$lt account Intwest 138,095 129,764 142 482 129 522 IN¢QME FROPI CHARITABLE ACTMTIES 2025 ilvlty Hou8lng Hou8ln9 H(MJslng 2024 Hc4ts1ng Aclvlllgs Re81¢J¢nts' acNlle8 Room Hlre 1,037,685 860 402 2,981 2,712 147 l OJ8 837 FIAISING FUNDS Invo8tm8nt m4nag8m8nt Costs 2025 2024 Portlollo M￿￿￿ment 15 CHARITABLE ACTIVITIES COST6 Dlrecl Go81818e8 t87) Supwt o)sts1$00 1881 ToleLs Houfjlng 163 430 926 699 DIRECT COST8 OF CHARITABLE A¢TIVITIE8 2026 2024 Staff tosts CMBtm8B bcthtles lo Indlvl¢Jua18 Wattr. Ighl, he81 ond InsuraT￿8 Rths re. empiy prwrtles Oardenlng Property mpats gnd maIntW)￿cÉ SundrieE Ra61d8nts' gnd athvltib8 Ptofe881onal fe98 Chrlslmas paty Teleph(m 0torrunr￿ng expon¥e8 Tea Party Deprodallon Loss on sale 01688ets 234,811 7,600 89,726 4,604 34N07 186,506 13,94£ 3,344 28,609 5,171 6,33B 10,40 219,320 7.250 65.100 1.778 37,565 162,783 8,4 5,3W2 5.882 6,801 2.775 7,782 4,416 131,789 138,806 773 189 Pago 1 C￿lIn￿ed... THE CUTBUSH & CORRALL CHARITY Notej to the Fln•n¢lo1 Stotements. contlnuid forihe Y¢ar Endod 31 D8¢embgr 2026 SUPPORT CO8T8 Planagem&nt )6ts Tota15 Houslng Supportiml4 I￿4￿8d kn the abova, 8rg as folow8.' 2026 2024 Tolal aGIfvIUeE Hou$lng WagES W818r, Ighl, hè8t Insuranc8 Tolephon Sundile8 R8p81rs 8nd Irrfj)rovements Piole$sic￿l fee8 Staff Ifalnlng CC4nputer8x￿ns0ts B8nk ¢hargo8 AGGounUng Depr8daUon ol t8nE4ble hg1ilagB assets Audltor6' Ipmuner6llon AwJltDrs' romunor81th lorr￿ 8wthtbVDrk Trustee Indemnity In8urar 86,364 2,874 5.938 10,7è6 5,547 8,062 6,182 6.868 ,697 4.295 6.068 9.000 83,102 6,829 3,973 7,113 6,438 6.638 2,398 6,628 1,971 6,487 10,000 980 IS3430 140 116 OTHER 2Q2 2024 SupporteAlSta 140115 io. TFU8TEÉS' REMUNERATION AND BENEFITS Yherew8r8 ho bustee8' ￿mUneratIOn or olh8r bemfits for Ihe year ended 31 December 2025 nor for Ihi y•ar andod 31 Deprrbpr2024. Tru•ttss' •xpèn•g8 Thère WeT8 llo truslee8' expen8e8 pald for thg y9ar 31 OEcember2tr25 Mr for Ihe yoar ended 310ecemb9r2￿24. Page 19 onifjnued,,. THE CVYBL18H & CORRALL GHARITY Not0• to the Flnahclal Statemonts- ¢ontlnued forlhp Year Endèd 31 Decernber 2026 11. STAFF COSTS 2026 2024 Qro8E Sd8rles Soclal Sgcurfiy P8nsion8 Other EmployeB ts9￿fit8 285￿07 21,848 148DI 288,987 19,e69 12,141 321176 2025 Nv. 2024 Hov8lng a¢twltse Managemert ond OdmINs￿UoTr 10 No employees recefvèd tmolumBnts In QKce88 01 £eo,000. The key manogemenl p8r8onnBI or th8 ¢harlty ￿￿p￿Se the Clérk & Chkf Execullve Offlc8r, H8•10l FlngtKg anrl e8(1 of Op8r8lbns, 4oTVJ vAih tho Tru8toe$. The tot81 W[nu￿ratIon ol hy management porsonnel durfng th? year was E124.39212024- E131,9191, COMPARATIVE8 FOR THE STATEMENT OF FINANCIAL ACTIVITIES u￿r￿Irt¢IaIj Restithd nd8 fuThJ 12, EndJ%MMnt lund Tot fundB INCOME AND ENDOWMENTS FROM Donatlons gnd ￿ga¢10S 149 140 Chailtable actlvlllofj Howkng 905.846 96S,848 Investmènt irKaJn Other IrKome 129,622 129,622 801 Total EXPENDITURE ON R8lsing fun(J• 3,qlS 4.466 7.941 Chqrft4bl• actlvldes Hou81r 16.804 Total Nel galn8 on thve5tmnls NET INCOMEIIEXPENDrruREI Tran•fer• bolween fund8 393,990 116,8841 3.845 381,941 Net movemont In funds 387.897 115,8841 9.928 381.941 Page 20 conlinuwj... THE CUTBUSH & CORRALL CHARITY Notvs to thB Flnpnc￿l St4tgmant8. conllnuod for thi Yewr Ended 31 Docembor 2026 12. Co￿ARATIVEs FOR THE STATEMENT OF FINANCIAL ACTIMTIES. contlnugd UThrgElrfcted Resirlcted fuT¥Js rund En(Sowment fun Tot81 l￿d8 RE¢ON¢ILIATION OF FUNDS Totsl lunds bro￿1 fowward 8,198,945 1,381,904 2,211.64B 11.790,494 TOTAL FUNDS CARRIED FORWARD 8,584 842 2 221 $73 12 172 43S 13. TANGIPLE FIXED AS8ET8 othei Fré6hold Propwty HouElrKJ propertlga Computsr equlwn8nt Totsl8 COST At l JonLW 2025 AddSUon5 DI8PO8a18 10A39,969 639,361 814711 214,14J 20068 10,674,460 639,3B1 At 31 DecMiber 2025 10897849 214 143 zo 11132 350 DEPRECIATION At 1 Jgnusry 2025 Chorge for Ellrnwthd on dl$p05ql 2,184,497 138,800 47,706 2,OJT 12.678 3021 1224,881 143,fj63 At 31 Do¢omber2025 NEf BOOK VALU At 31 Doc¢mbèr 2025 B640118 8 809 177 At 31 DK8mbeT 2024 8 276 462 14, FIXED ASSET INVESTMENTS Ll¥lEd Investrnenl$ MARKET VALUE Al 1 J8nu8ry 20 Ark11kn8 D16PQ8als R•valualbn# Movomant In cegh a.426￿32 582,113 1587,6801 302￿￿ A131 Decemb8r2025 3 608 608 NET BOOK VALUE At 3106cenknw 202S Al 31 Decornber 2024 3 428 632 Thgrg were ￿ Inv86kngDI oulsldB UK. Page 21 C￿tIn￿d... THE CUTBV8H & CORRALL CHARITY Not8B to the Flnanclal 8titem6nts . ¢ontlnu8d for tho Year Endèd 31 Do¢•mb0r 202 14. FIXED ASSET INVESTMENT8-oontlnu•d The carrykng ofln8ndai assets 81 Idrvau8 through Inwm8 and 8xp8ndlur8wllhln InvosimeThls ts £3,583,893 12024.. £3.287,4051. Induded wtthln In￿￿1￿8￿(8 l¥ c98h of£120.aos12024: £148,418) DE8TORS.' AhlOUNTS FALLING OUE WTHIN ONE YEAR 16. 2025 2024 Trade dob1￿$ Prepaym&nts and 8cL¥ued 1￿me 5,701 49 3,riJ8 20 560 18. CREDITORS.. AIIOUNTS FALLING DUE WITFIN ONE YEAR 2026 2024 Trgde ￿edItOrS TaKalkn and s￿10[ Se￿￿lY othercredSlors 4,77T 7,794 28.412 17. ANALYSIS OF NET ASSET8 BETWEEhl FUNDS 2025 Tolol Dd$ Unre8lrfcted fund8 R8$lilcled lund EThSI)￿n8nl rund Tol&l runds Fixed 888ets Invoèimenls CDrrenl s88ets Cu118nl IkHbllltiFs 7,288.707 1.459&,Z40 104.084 67.735 1.315Q,136 170,3a4 2,102,368 144.065 8,809,177 3,69B.608 248,099 8.449,579 3,426,832 389,963 1350 138 12 172435 MOVEMENT IN FUND8 N81 M¢Vomenl lund8 Tra￿ler belweon Al 31.12.25 At1.1.25 UThrèstrlct8d funds 13en&ral fund Extra¢￿Ifi8ry repa115 fund DwElopmonl fund 7.338,J29 1.166,792 90,521 273.320 66,839 748.131 (722.6311 315831 8.389,9W) 600,0 R8Btrlctèd funds Grant IncLxne fund 684,842 302,497 16,Q831 8,931,246 f,388.020 116,8841 1,350,136 EThdowm6nt fundg Endomqnonl fiJndB 2.221.6T3 189.111 6,088 2Aq6,767 TOTAL FUNDS 172 438 025 714 12 898 149 Page 22 CDntknu&l... THE CUTBUSH & CORRALL CHARirY Nol99 to th8 Flnanclql Statém&nls. contlnued lor th8 Year End¢d 31 D8cDmbor 2028 MOVEMENT IN FUND3 p conflnupd Not mpvement in funds. Ineltd8d ln the 8bov8 ¥0 as fdiow4.' Incom r￿oUrCe Re8ourca8 expendgd Galns 4YKI tO8#08 ovement rvnds UnreBtrlctsrt fund8 General fuTh Extmordlnary r8palr8 fund Dgvelown8nl ￿nd 1.181NOO 1912,1471 15.1651 4,007 71,994 273,320 66039 1,101,400 1glY,3021 88,389 362,487 R$slrtcted fundo Gfant Income lund 116M841 116,8841 EndoYéTnentfund$ Eknent fund4 180921 197.803 189.111 TOTAL FUNDS 525714 Comparatlves for movament In lund$ Net y￿ent In fvnd• Tran¥fer belwggn fund At 1.1.24 31.12.24 Unr•$trl¢ted Iimds G8nèral fund Exlraordlnary repalrs lund Development fund 8,984.187 291,340 1.045.650 11Q.142 187 108 ￿502) ￿69 0861 a.1￿,?45 393.980 18,0831 83,002 7.338.529 1.155.792 9.5è4,Q42 Restrlcted fundB Grsnl Incgme futsj 1,381.904 1fj6.8841 1,3e6.020 EThlowm0ntfur￿s Endowrnent funds 2.211.645 3.846 6.088 2,221,578 TOTAL FUNDS 117￿,494 Ps90 23 eonllnu&A... THE CLTfBUSH & CORRALL CHARITY Not98 to the Flnanclal 3talomBn18. ¢onllnu8d ror the Year Enderl 31 D8¢èmbor 2026 MOVEMENT IN FUNDS. eonllnued Comp8fafve nat mv8m8nl In lund$, Induded In Ihè •bDve ere 4$ lollow8'. Incomlng rasouroe6 Resourc8& ponded G81Tr5 and M¢v¢mertt lun Unrellrlcled funds Gengral fund Extraordlnary ropalrs lun Devolopmgnt rund 1,096,1Qa (783,4681 (2,7121 PI,8011 112,054 291,34ll 110.142 Rewfrl¥ted funds Grant Incom? fund 1.098,109 17B6,1801 84.051 393.990 116,8841 115,8841 Endowmontf￿ds Endowrnent funda 14,4C61 8.311 TOTAL FUN0¥ The Exlraorofngry RepBlr Fund Ig maintained OLA Df Ihg Ineem& of Ihg charlty for the Jwe of pro￿dIN4 the extraordlnary Wr, Improvemènt or rabul1th￿ ollha homBs Bnd olherprDperty belongkng to Iheth8rity. ThpTTu&lees have docldsd Ihal th8 on Ihlo fund 18 lo be held st Spproxrrn￿6W £1,OW,ODO. An anryJ4 tron$fvr18 madg19 th18 fund from Ihg aCcuM￿ated Income fvjnd Iflhe Trustee9 ¢onslder11 noce8SW. The ￿￿￿Pment Fun(1 iaw888nts oMo￿t8 s81 aBld8 fty lulura a1rn8houÈ8 developmen1& Tran$f8rn to Ihls fund pre mad8 at the d18u8iion ol (ho TNGlae8. Th@ R881rlGted Grant Irwe Fund r￿p[e￿nIS monle¥ rerydved frwn Ihg Hom95 ancl COMMU￿119& Agen towwd8 Ihe bUlk1K￿ eo6t8 of the new elm$hov5g5 al Hunl8mans Cotta9e 8nd th& ronov8tion ol the alm8houses at Harrfelsham and Sl Fallh'8 Str861. ThB ho5 undertakbn lo Gonllnu8lly Wkle 59T￿l¢e$ In a(wdgncè ¥￿th (h8 s￿Ndard& ol Wm8hou$8 Managgmenl and lh8 gran1$ s￿ repayabl8 If Ihe wnthllons 8re not mèt The rnov8ment In lh6 perlrKI roffèds tho d?precPallon on houdng propwtles lo wrlle Dft Ihe orant over tho lil8 otlhe compc**nts ol th8 propÉrtl88 lo whlch1kn6 gr8nt8 r818to. Tho Permananl Endowrnenl Fund Is held on trusl to be retalned for the b6nèfil ol Ihg charlty as a cgplt81 fuThJ, Tho amuel Iron8fer Into th8 Petrnanenl Endwnent FLWKt 8mountlng to £S,Q83 (2024,. £8,083) h05 been ma(1• In accord8nc8 wlh ? Recoupment Ord¢r. a8 desf¥ibad th Ihe pold￿. RELATED PARTY DISCLOSURES 19. There w¢ro ￿ ts￿led pwly trAn￿lkin? lor th* Year8nd￿ 31 D8LpmbgT2025. 20. CONTINGENT ASSET Ehjrknu Ihe Y￿ etthd 31 D8c8mber 2023. £112,802 olVAf wa8 Incorreclty chwged to the th8rlty by a con8hudon comp8ny that has sub8equenUy gone Inlo admin181ratlon. Tha company ￿p￿led the Iwrrecl VAT fate to thg Invd¢e8 185u6d to th8 charity. chaffty r8¢9lvBd a parllal ￿[Und 01 £26.605 F*)sl yeAr ond. Is Indudad In awued Ir￿Qme wglhin Ihe88 Ihandal slat¢m8nts. The charfty's ad￿59r8 ha￿ Indltrdl8d thal11 1$ mor• Ilk8ty Ih8n not (but mtvktuelly certaln) that furfhef tund5 will bo le￿IVed by the chaty In re8p6ctoflhl$. The esUrn&e oftho recoverntde VATIS £40k. Page 24 THE CUTBUSH & CORRALL CHARITY Dotslled StaterneD¢ ot Flnan¢lal Actlvltl•8 for Yoir End•d 31 D808mbgr2026 21Y26 2024 INCOME AND EMDOWMENT8 Donatlons And lèga¢lés C￿nationS 140 lrtvggtment In¢omg Inveglment Incom8 Dep0511 acctyjrt lTrler86t 13Bm5 123.764 142,482 129,622 Charllable a¢tlvl(l•$ Houskng A¢￿￿11e5 ReBldent8' Room Hlre 1.037,888 660 492 962,9&7 2,712 147 1,038,83Y ,840 Ofh•r Income Olh6r Insomg 81 801 TotBI Incomlng re80ur¢•* 1,181,400 1,096,109 EXPENDITURE INV￿lMentm8nay8￿BrIt Pcrfollo man8g8m8nt 16,279 7,941 horft4bl• Actlvlti Wages ChriBlma8 bounll881o Indlvklual8 Waier. Ilght, and knGuraNo Rgle8 r8. 8mpty propert101 G8rdgnlng Propety rgpalr8 8nrl mdnténanc8 Sundrteg Re6idents' trlps 8￿j &)tMI Profe8$lon81 fo8s Chrlsltlla5 patly T8lephone ior runnlng 8xpoMe Tea Party thpreclalion olAhnshou&88 Losa on 881e of langlLlo fixod asaots 234811 7.600 89,720 4,604 34,407 186.S06 13,948 3,344 28￿9 6,171 6,336 D,408 219,320 7,250 66,1CKI 1,778 37,555 162,763 8,422 5,3e2 6,882 6.801 1775 7,762 4,415 131.789 13B,90S 773,169 fj58,474 Support w•ts Managemgnt Wag68 C8riled fC￿Krd 81364 88.364 63,102 83.102 Th1$ pago n&1 &)rffi part olthe statutory nnandal $￿tsments P49 25 THE CUYBVSH & CQRRALL CHARITY Dgtall•d Slltèm&nl of FInB￿lI1 A¢lfvltles for thè Yo4r Ended 31 De¢omber2026 2026 2024 Managam9nt Brought lo￿ard W8ter, IFahl, heat #nd1fi8ur8r Talgphone Sundrles Repalr$ 4nd Improvern8nt5 Profe¥8lonal fee8 $IAff Compuler expenBe& ￿￿k chBroo8 Ac¢ounllng Fieehold propgrty DBpredglh)n ol ¢omputei ewlpmenl 86,364 1874 6,938 IlJ.796 O,M7 8,062 8.182 6I66 1,697 4,296 2,037 &3.102 5.B29 3,973 7,113 6,438 5,838 2.398 5,828 1,971 1768 141879 128,577 Govern•nc8 COBts Audltors, remuneralbn ALrdllor8' remunerauon for non audrtw Trustee Inclernnlty Insurance 9,BOO 10,000 960 578 To￿1 iesour(w exppnded 941876 Ngt Incom& l)olore galng 8nd 109808 239,622 289,679 Inv88tment and106te Reell$ed g$insiib5sesl on h'xgd 088¢t Inve8lment4 Unr8allsed g?Insl(Los4881 on hxed ￿881 investmènts 116,8611 8,278 t Inc(*n Th1$ pagq due¥ not lorm pam ofthe stalulory $t818menl8 P8gÈ 28 REGISTERED C14ARITY NUMBER.. 213463 Report of theTvu$to08 and Flnan¢lal Statomonts forlhtr Yfmr End&d 31 Docembfrr 2025 for THE CUTBU8H & CORRALL CHARITY Knox Cropper LLP th*tsredAcc4)untsnt8 aThJ Slalulory Aurfiior8 Sllte I Haslernere House Lower Streèt H061emei Surrey GU27 2PE THE CUTBUSH & CORRALL CHARITY Content? ¢f lho Flnanclal $18t8m&nt8 ror the Yoar Endgd 31 D8¢embgr2026 Pago Reforonce and Admlnl•tratlve Dots118 Report ol the Tru4t001 2 to 7 R¢port of Ihg IndewndontAu(Iloi• 8 10 10 Statsmont of Flnanolal Aotlvltled 11 8atan¢¢ Sh8el 12 Cash Fl¢)w Sfat8m•DI 13 to Ihe Caih Flow 8tatsmont 14 Nole¥ lo th8 Flnanc181 Stat•M•nfs 15 10 24 Q&talled gtstementol Flnanclal A¢iivltle8 25 10 28 THE CUTBUSH & CORRALL CHARITY R8lèrenco and AdmlnlBtratl¥e Dvtall8 lortho Yeor Ended JI Dèeèmbor 202 TRV8TEE6 C Hlghwoc41 L Haggart D Smlth G Proud DJOY WCo(knroft S Morrt$ Ire819ned 7.8.251 8 Darbysh R Sllkln D Khadka lapWnt8d e.1251 PRINCIPAL ADDRESS Gollogo Fam CollÉg8 Avenub MahlBt¢ne Kent ME15 6YJ RE018TERED CHARITY NUMBER 213483 AU￿rORS Knox CTopper LLP ChartBred Accountanlg 8nd Slaiulory AudMLYS Offl¢e Sulla I Hael￿Ore Hou* Lowgr Slreot Has16mere SuirBy GU27 2PE P8ge 1 THE CUTBUSH & CORRALL CHARITY Roport of thfr Trus18¢B forthe Yfjar Ended 310eeamber 2026 The Iru81ees pra6onttholrreporiWlhlh?Inandal 8tsiem8nt8oflhgoharlty foTlho ￿arende￿31 De¢amber2025. Thetrustoe have adopted Iho wovL8lon$ of AoKountlng and RepDMro by Ch?rfUe$.' Ststempnt ol Recom￿ThJ8d Piadc8 8prAIc8ble to ¢h￿tle3 prepBrfng thelr In a¢cordancg the Flnandal Repo￿￿ll St8nd8rd opplkobb lfi Ihè Ln< Ind Repu￿1¢ ol lieland IFRS 1￿](0118clv¢ 1 Je￿Uary 20191. OBJECTIVES AND ACTivifiES ObJg¢llve6 and alm¥ The Ch8rllV8 objects ggtoul Intho governlng d0￿Men1(15 Wombor201008 amended by resolulk>n8datsd 16 Juty 2020 ahd 16 October 20ZOI are.. lal The rel￿f01 w¥$rty by the p￿Sknn ol alm8houJe accornmDdollon for tho beneflcI￿les,. and Ibl Such ch￿table W￿0&61 foi the bwvfilof th8 resld¢nls hy the Irwtè88 deolde The b8n8*clarlas of thè Ch8rlly ￿11 be parsons In need by reason of ago, lll heakh. disablllty, Inanclal hatdsNp or Trlher dl59th8ntage ol noi k81 than llfty year6 of age. Most b9nelel8ii68 will b8 InhabltsnlF ol the Borough of Mald$lone. and Iheve 1$ W0￿610n lo favour resldenl6 of Harrl8lsh8m, applleÉnts over Ihe age of 60 year8. Fr8etn&n Df th6 Flshmonger6 Lfvery Conwny And member8 of Ihp Unilarnon C￿[ch In lh8 411￿allon of certgin 41rnshou80B. PulJllG bonoflt TheTNstee8 have duo regard lo the guldance on puNlcb8nBfilwbfished by th? Chaw ComThl48lonwh8n revI￿ng Ino and 014￿l￿e8 ofihe and In *nnlng lulurg 4clivilie¥. The TnJ8le8B belpye Ihot the acUvlll•s undertaken ln tho yolr f¢r xhl6vkng the obJeclW$ of the Charfty h$v8 mgt the wtllc b8n8ftt requlternenl. P89• 2 THE CUTBU8H & CORRALL CHARITY Report ol th& Tru$teg8 forthe Year Endo¢J Jl Dgcembgr 2025 A¢FIEVEMEKf8 AND PERFORMANCE Chawftabie q¢llvltl98 DUrfI￿ 2LY26, the Charliy con11N￿ to luifi its of Pr￿dIng allordotle. 8ecLve and w¢ll-mwnaggtl almshou8e accomrncrfJ8li¢m forfnose In n88d. Demand for the Charfvs houslng remalned &lrong, ￿th 69 8xpro$slons ofkn161061 rocelv duilng Ihfy year12024'. 741. From Ihesa. Twslees apwoved 17 appllc*nls. le5￿14￿j kn 15 n8w b9neThclartg9 belng aFpolnted 121)24.. 22 approvals and 16 appolntm&ni$l. There wai movaThnl In 19 akn8hou888 Ihe year P024,. 221, reNedlrvJ broadly st8ble level ol lumover 81ty3ned Wlh avall814e capadty. Al ihe end of iho yw sBven 8pwovod applbxnts were awalllng an offer of a¢¢omllTrJdglhJn #nd oxl$lkng resWBn18 wero 8Waiting A tran8ler to morè 4uiiable arKommo￿lIon (ln all ca￿8 a mm io ground Noor accomrnodalbnl. The Ch8rlty reCeIv￿ very row enqu1ri88 from Gouple• ￿akIng accommoda￿on. 8fLd no courAe appllcatlon8 progre¥$ed duwin9 the year. TN$ may Indlcate Ihal the wrrenl balance betW99n 18r9¢r prop6rt168 and ￿n9￿0¢Gup&nCY Mm$$ remdns broadv aw)roprtats In meetir￿ demond. Th&Chailty swceEsfully com￿et8￿the developmentgllw0rw￿￿galOW9. *wChwaredel￿erad￿tlrnBand c¢upled $horfty 8f¢?rwmplgtion. ￿lIe the Wn¥Iru￿1On W￿kS ¢aus9d 80mB vnavoldabla dbiuplon to nelghbourtng r¢8ldent4 tho now home8 provld8 hiuh-quallfy. energy-elncbnl acwmnK¥Jallon. Th&88 modem. we4-d86Wed propertles offei worm 8TrJ wmlortgbl* lI￿n9 envlronm8nt8 8nd 2r8 8xPÉt￿d lo hglp feduL* f661d￿lS, energy wsls whlle Suppotha their lOng4￿rn wellb8lng. Th8 th￿De Ihg Tnwlge$' ongdfig ccfflmttmenl to devekylny home8 Ihat meet rA)DI￿porary $land6rds. Prow8S Va8 n)adg duilng the Yeartow￿ thg Charltykn trawlilon lo a ¢h8rftAble Infw￿8ted ￿g￿l$allon ICIOI, Ythlchwll ovldg a MON mod8m le9al Structure slrenglhen govoinan(e ariangem&nt8. Tru81998 oblalned fornial ￿nE Ircth tho charlty Comml$8bn on 4 DeceThbw 2025 &gCtlon 28OA ol the ch￿tIeS Act 201110 8￿nd the ClwtiV8 owts In PTepar811on lor Ihl8 tran<4on. Profv5sional advl8ois have been ar4Jolnled lo 8UPFK)rt Ihe teg81 and technlc81 a$pèets of tho Ir8n8f8r, Indudlng Ihè trangf6rofass8t8, lome ofwhld) romaln Lnreglstered vAlh HM Land Rogl¥try. The Iian8ithon iom8ln8 on track foi Com ￿¢tIon by Ihe Bnd of2026, Tw8tee$ al80 strong1￿￿#d Iho cha￿￿0 fl￿a￿l￿ ovar8lW Ihe thvebpment 8nd adoP￿on of a rAHnprehens Irweslmert and Re¥eryeJ Pollcy. Th￿ ponGy now giRde5 the wotk of tho Chohvs Investmtrnl Monager under a th9ttetbnary portfrAlo Man&ge￿nI grr8NJément. supwrtlng a more Str￿lUred and 8traI8g￿ arvoacn to managlru ffn8ndBI r8scur(xs. 8uppottiNJ r88k1￿15 iu malntaln Independenc8 romakn￿j a key pmorfty, Durfrg ygqr, Ihe Ind9p￿d¢n1 Lmng Polty was enhantted Ihrtyjth Iha knlroductbn of an lTh16pendent LfvN)g Ch￿￿111, whlth Is used by fhe Resldent Se￿¢88 team to guM18 conv8r8etlon8 r98Klen16, Thls approach hglus lo Identify at an gady s14ge Ih05•who may expe￿￿￿t¥j dlfflculllets Wth dally Ilvkng. enabllw Ilmety aTYJ 8PPTwlat8 8UPPOrt fiom INrd party provkler6.. In June. t￿ Charty ewaged Iho Nallonal Coun¢ll forvoluntsry organlsal￿jns INCVO) lo wd8rtok9 a governanea r6vlewand ptoilde tralnlng tr)r Trustees 8enlui¥taff. wk Included a thi&É.day ryowamm6 ￿1￿InStIn0 In an Irpp*son trah¥ se5810￿ loJJ&ed on ihe tOL￿d￿l10r* oftrustee8hlp and effecllve ¢￿9r11Y governaryh. AS g res￿1, Tw3leBS h8vo tsken slop¥ to plrgnglhensucces￿fjn pLHnrfng arvJltDpto¥Bairan98mgnls fordele9allon, AnewlTu$le8 r6r￿￿MentP9ck hg&be$n dév61opod to 8UPWrtfvlur8 Bo8rd renavdl. Changos have alGO baon mad8 to Ihè yrallon of 8￿cOmMItte88 Ind the Baard. Sub-commllteè# now ffjdèrt*è rnorg d8tall8d seruliny ol mallors M￿lhI￿ tt18lr r8mll and provlde dear recommendatton$ to thg Board, redu¢lna dupW¢aUon and enoblSng Ihg Board io IoBu5 mDre effecllvely on stra(￿ dÉ¢l$tortrmgkln9. The88 cTrwu88 are exp8ct8d to ￿hanc* over811 govoinance effecli¥ene88 and elllclerKy. R18k monagement Guntlnue3 to a ￿orffy for Ihg Charliy. Tru8le88 recelve regular urxlaie8 Irom 61gif on progreB8 8gelnst eCti￿ io rti119ate Idonliffed rlskg, Suppor￿n9 8 proathe anrl slnjclured approath lo managlng uncertainty. Overall. lh8 Ch8hty m81ntsined stroJvJ demand lor Ils hou8lDg, do1fv8red hkJhquolty new homfrs, and $tfoTrJthen?d 118 govwDan¢• and Oper8t1￿al Ir8mowork. Thege athlov6menls podllon the Ch8rliy wdl to tXDllnue m&8llng Ils obi8clives supportlng beneficlartes In the yew5 ahead. Pag8 S THE CUTBU8H & CORRALL CHARITY Roport of tha Tru8tge$ roi thè Yeo¢ Ended 11 D•¢•mb0r 202$ FINANCIAL REVIEW Flnanelal pogluon 1118 the gonoral Wlcy of the Trustees to mokg Sure thal Ilw lévol ol w8eldy mBlnlon8rK8 rxJrlrlbullmB meets thg ￿818 al runrln9 Ihe chailty as Idgnufied In th& Slath8nl ol Flnanclol A¢t1￿t1P￿. In 2025 ts weekly rnahlenance ￿trIbutIonS amountèd lo £1,037.e8512024.. ￿2.98718nd Ihe cost of runnlng th¢ charfty w86 £941,B7812024.' £BC6,5￿1. Th8 nel SU1￿￿3 for the yew 8ft8r adlusung galn$ oTrJ10888$ on kwestsNonls 8rDountsd lo 6.71412024." nEt surplu& £381.9411, Tolal funds al theyBar-gnd gmounled lo £12,698.14912024.. £12,172,4351. OfW￿ £2,416,767(￿24.. £2,221,573) werohold As permanenl erKSowrTrwst fvnds, £1.350,136 (2024 £1.366,0201 held a8 resthcl8d lunds and £1.293,897 (2024.. £1,248,313) hehl a8 d091gnatadfunds. Unreslrktsd gen￿81 fund$ amoun1￿ to E7,e37.349. afterdedudlrvJ &K8d8888ts heldforlh8 use re88TV88 amounted lo £321,837. The ohailly h8# conthued to make further Inve8tments to pr￿de fot fulvrg gxtraorthnary r8p8ir, Improv8m8nt or rebu*Jlng ol the home$ and w(yertlgs bèionglngto the Chailtyand al30￿ P*tof8 R￿0v[￿rE￿10rdQrMade bylhe Chorfll&s Commlsskjn. Tho TN8tee8 t¥ke adwc8 from tholr Inv881menl a￿￿￿e[s, Can9￿rd Genuty Wegllh man8￿mIni In rna￿￿9 these inv881m8nt8. The Inve81menl& held as ftiert assols havè Inwme of £138,09512024.. £123,764) for Ihg y94r and therg WHS a nèt Irue98e In Ih8lr Market Yalua of £28a,10212￿24'. In¢reas8 £92.3e21 after I*iTYJ Into occourt thè and dl8po#811 In lh8 yegr. Inv•stment polley and obl¢¢tlvg$ Tho Chalky hLldB Inve8lvrtnl$wlth thg g8n8ro1 otleGIfv? io growlhe cap]ta kn r881 tern￿ vthm8l￿r￿a1In9 a rnas0￿ble rqlum to support Ihe ChaW8 I￿￿erM sustalnailllly. A& part ol this Iho Charity ¥0gk8 lo bvlld a Devaloprn&nl Fund lo fund the amWlon to bulld n8w age.apw0￿8t8 gCCTr))m0d￿llOn. wNlg1 malrtdnlTrg ¥uffldgnl I￿ul￿1￿ lo lund èxlra-ordlnary topalrB Ihe oxl$llng 8IDck. Tho ¢h8rftl$ Iwo Inve8lm8ril PDrth)Ilo8 g¢ngraled retum$ for 2025 019,15% and 16,14% respe¢iivety. a981￿1 a mwket ben¢hmark of 11.4Wh. Re88rvog polley The Ghailty holds roseNeE* to en¥ure ftnendal rggllencg. ￿ntin￿tY af 88Mces, gnd capadly lo del￿ar 19 2023.2028 Strateglc Pl4n. IndudlNJ lth doveknpmonl of nÈw alm8hou5e 8￿M￿￿8th)n. FrL¥n 2026 ¢rn3tQ¥. Ih Ch8fflty expec18 to gsneralg F4annod annual swiseg lo £1FA),wo+I 10 8UFPNt bng lemi InvastmonL kndudlThJ lh8 ￿￿r￿UL3t1On ol cepligl for ura ilta acqu151￿0￿ &nddev8lopm8nt. Qperauonal acttvtyls ￿rt￿throu￿ Weekly M8lntenm &*￿t￿l￿Ons. ￿ tfuslee$ have &stANL8hgd 8 8truLtwod rg88rves Iremowork vnd8r whlth &wplus unroitrfct8q tunds are de8lgnaled lor speclflc PU￿)995.. the A¢¢umul&to41 Inoorne Fund lo p￿￿de wrkln9 ca#lal ar￿ shwl temi Ilquldly It8rg8ting approxhnat8ly Ihree months. 0￿raur@ cosl81. tho Extraordlnary Repalr Fund to meet repalr5 capltal WOTks, and Ihe Developm&nt Fund to surwrt lulute 8lm8houBe dev8lopm8M. A P8rmanènt Endowrnenl Fund l& held In acxordarKe with Charfly Comm188lcn requlrgm8nl$, %4ilh In￿m? appllEd lor arltable PUiPQ8e&. 8uikluse8 8bovo oparallon4 re9￿[ement￿ S￿ transferrod tts d8sl9nated re$oNes In lin8 ￿th ihl8 poky. d a defined anr&￿1 I￿￿p￿ent oNg8llon kn Ihe endothgnont (und Is m81 from ￿re81￿cled lunds, The trustess revlBw reBeNe IhE wnliTYJgd 4pwokYlaleno58 oldes1g￿llon$ rowiaty, tsklng gccount olr¥)watlonql rl$k, lulure cornmllmenls and 5trat¢gl¢ Wans. O¥erslghl IÉ prO￿ded by Ih8 Poatd. 5UPPOrted Lw Ihe FlnanL* Sub Commlltee. whlth rewlews re8¢rvo¥ Inve51menl terfonnanca quarterty. T￿t￿l￿te86 ¢on$lder current re5etV95 pollvy erKJ lfrvd8 to be appropfl8t8 to Ihe ¢harf￿ pr¢8enl and pLqnngd athUeJ. Golno concern Atter meJ(Iw ￿pprop1L8l8 ￿quIrI￿S, Ih? Truetee8 hDvts 8 re9sonab￿ Ih81 the tharfly has adequatè resou1￿5 to conllnug ui ¢poraUonal ex151e￿8 lor ts forests&8ble futur&. ForlNa rpa30￿ IheyconllThue lo &opt the g￿ng ¢onc•rfi bas18 In propatlno lh8 finoncFal $wèm8nli. FutEher ddoi18 regarflng tha 8doplion ol Ihg 99iW b8sfs can bo 1¢)vnd In ime a¢¢ourt"n9 polldeB. Poge 4 THÉ CVTBUSH & CORRALL CHARITY R•port ¢fth• Trusts09 forthe Year Ended 31 De¢emb&r 2025 FUTURE PLANS Tc•N8rd8lhe end 012025, a keyrn9ThbeToIfv Charfly'smanagemenl le8m. thp Head ofFlnarte & Rewrc8s. r811gnod. Swlft arrangemths pul In p&cg 10 en8ur8 conllnuity, wlth the work10￿1 ￿Ing ¢owred a tsmporary ba￿8. During 2026. Iho TnJsl8e3 wlll take th8 opportuTrlly lo revlgw the ¢urrgnl $laff slru¢tur¢. 14lth a to Imp19met*lng th￿98$ th81 improv8 affldéndès, Èmure ari d8ployod In lh8 most wroprf8ts w8Y, 8nd m8xlnlse w8ltfve Ifflp8cI foi ban&flcl￿8$. Uslng Ihg r8$utty of Ihe rglrofft gurv8y thidortaken In 2026, 8 progrArnme cl work8 ￿11 be dgvoIDped Implemenled to lthprove 8nei9y ellclon¢y w4hln th$ Ch81ilW6 propptlig6. Tho00 Improvemon18 are Snten(kd to r8th 8n8rgy con$umpV and. as far as po0￿b￿9. mlnlmlse ￿￿lIty¢0318 for b6Tr8tklgwles. The pknned tlwee-yearty IBvlBw of weèkty m￿nien0nC8 ￿rrib￿￿on VNMCI Wdl t¢ undèrtaken. Th18 ievlew wll ¢oko accounl ol prop8rty Va￿01[c￿$ Garr4ed out by Ihe Valuallon Offlce snd Ihe Twst89s' Inlentlon to ￿￿tInue to S81 Ihe WMC aEeo% oltho ￿￿¥81￿nI falr renL Whllè no maior rAplld prl&l8 ￿anned for 2026. Ihg Tru8leo5 romaln O￿n to fviwe developm6nl opporiunlUo$. In partlcular. th9 ts¥trb0dr￿ bungaknwg at thB Cdlege Walk slle o¥renlty bwefit from plsnnlng permI￿10Th ond may be r8eDnflgured Inlo Nvo one-bedroom unlts 95 ondwtsn they become vacant. 8ubiecl lo r88ources aThJ that9* ptloritlgw ?1 tlme. To further5tr8nyihen wmance wr8n9aments, ￿11 eanllnu6 on Irrolemenllro MCL4nmanda￿O￿ made by Ihe Natlongj Coundl Voluntary Oroanl8allon& INGVQI. Trri$ the recrultrnBnl Ol￿dI￿O￿al Tw5tpBg and the ola cl¢ar dologotEon Thb proc68e oflr8n81err]ngtWCharliVJ bg8181ruclur8tO 8Charlt8tAe IncDtPDTatedOig8nlBalion (clo)￿11 contlNJelhroughoul thg y88r. wllh the TW5te￿ olming b ￿m¥￿et8 Ihe tr8fb8ler by 31 DÉe•mbor W28. STRUCTURE, GOVERNANCE AND MANAGEPIENT 13overnlnu do¢ument Tho Culiyjsh and Corrall Charly Is a chBrtty ￿lS1￿0d by tho Charfty C￿MiSsion and gov8rn¢d by thè dated 16 November 2010185 amBnt$8d 18 JUW 2020. 8nd 16 October 20201. It l& an unlnts)rporatad a$*oclatEon. RgcNltm8nt and 8ppolntm&nt ol n6wtlUSteO• Thgr¢ 8rg tBn Trustee5wh8n Ihs 808rd 15 GomplBl9. Thwo are e￿h1 Iwlatlv8 TnJ81889 term olollceerthe$ forlfv y9ar8. They dro Voted onto Ihe Boord by 8 slmple majorlty of voles ¢a8t by tho 8xl8llng Tru8tse$ at a spe￿31 megllng ol th Tru8tee&. Th9 r8m?IniNJ TnJitèè& 8ra nornlnatlve Trust￿ term ol office endwe8 lor f￿r yeors and are appc4nle(I by Maldston8 Borough Coundl. Iho Tiwtsgj holylng office dvring yeor are d61all￿1 on Fkgge 1. Cqndhjatute fDr a cmptallvg Truslep Is kbrmuPsi8d o sklll? uTh*rt8k8n by ihe Twl89B. Organl8atlonal struetuwè The Tru8tees n￿alfOUr￿Me8 a ygar 95 wdl as 818ny SPgLaal meetlng Gonvgngd. Seme frustees. dutlee oro d¢l¢g¥led to 8U rrffliltees comprlslng ￿￿1&Y four Tru$lÉtt and Ihe c1￿k and CN8f Offtc8r. Any 8uch subcfjmmlttee feport6 to the Maln 8oard for their adion8 and dedalons lo be not￿ 01 &8rthed, 85 th? case may bè. Such sub-cowntnllle88 m8y deal I￿1h 18$uo$ Ike pKKes&lno olwAlc&tlon8 for dmshovsoE, 8crullny oflhe budg81 and bulldlrvJ8 malnt8nAnc8. Th6 Clerk & Chlef Omceris re8pon8lble for tho Impknmenl8ttDn ol the Tfu81eo?' dedsv)n5 and hes l)mM responslblllly IDrthB rn8nagErrtsnl ol Ihp Charlly. Clerk & Chm oincer IB ￿rran[ty 8UPPOrt8d by t¥￿ senkr managèr6. tha R6$bJ￿1 Ser￿9 Managw Mnd the Hoad olOpBrallon8 and & 8mall team gf8UPPOrt 8toW. InduBtlon and tr&lnlng ¢1 newtrygts88 All n8w Tru8tseB ale gfven ￿ Indudlm par* tyj the ¢1gth and Ckief ONk8r to Include a wpy Df Ihe Chw Commlgslon Sthetne, pF&M(ws yoofs A￿unts, Mlnutes olthè iasi TN5198s Meetlng and a Rèyldenls Hgndbook. The re8pon$1￿1tI18s ofA Ch*1ty Trusi8tr are a180 exp181ned ty the Cleik and Chval Offlw. In addllv)n, Clerk and Chl¢l OfflcerenBure6 thal the n6W Tiuo1è91o lamllart8ed On general lerm&l ￿th the hou8lng 8look and th8 day-lo-d8y worwngg of the Chgrlty. The fN$tees are Offe￿ the opporiunlty of trairlng atth8 semlnar8 org8n188d lor th18 tsy tho Nrnshouse A6¥rrtfatlon Kgy managwmont remuneidlon Stslf$alarte$ ore set by Ihe Board olTru61ee$ In a&￿an¢eWIth th8 ChadV8 Psy PoNcy. Pagg 5 THE CUTBUSH & CORRALL CHARITY Report Of the Tiuste88 for th& YBar Endod 31 Dgcomher 2026 STRUCTURE, GOVERNANCE AND MANAGEMENT Rl?K monAg8m&nt The ItU81Bes h8va o dulyto Id•nUfy.and w8vlew lh8 rt8k8 to whh* th¢ ¢harlty18 exposed and Io 8￿￿r8 8pprr4Yl8te coNro19 ar8 In placa to reoBonthe assuranc¢ 0galn•t traud and error. MalN r15ks lo whlth th8 charity Is exposed as Id8nllaEd by the Tr￿te0$ ar8 re￿OW8d on a règilsl ba515 WKI ¥ys19wffj or protsdures are in pkqce to manago Iho88 rf8k&. Th8 Tw818es the Charity8 d8k rwthr at e¥ery Board meglng, R18k Ecore8 are rè88808È8d atKI a¢j￿8(al 95 nec0S￿ry. based on the Tru3leo8' a8W6monl d both lh8 Ilkelliwd of o(xxuroncg aTrY Ihg Fdenual Imp￿1 on Charlly. Dudng 2025, iwo risk8 We￿ idenlifled aB weB8nllng a h￿h lavol dfr18k". vu Th8 ongolng ¢Asi$ In ho8llh and 80Gl81 c￿8 pregonis a slgnwkant r19k that vuln8r8bl8 re$k10nts may nut recglvg rh¥ bvel ol support requlrbxl lo enable them to Ilve 8•lèly and Indepe￿on￿￿ In th8ir h)n*s. In lom casa8, ttls could Wac8 re9klènl8 Ih8mÉ£fv68. t* Ihek n819hbovrs, al rf5k &nd create Unreason0b￿ addlut￿81 demands Ihe Chsrity'e atgtt. Th1$ rfsk ha8 baèn p8rt10Ity mhlgated through Ihe ImPleM8nlatF￿ of a Indop8ndenl L￿1rtg Pollcy and Introd￿tIOn of 8 St￿￿1Ur￿ th8¢￿181 by the Ro$thnl team to hl8nttfy r8sklent$ who may b8 bgglnnlng to 8truggltr with th8 demand8 of dally lI￿ng. However, daaple th888 meosufe9. thD rfjk rallng remaln¥ Ngh. Experi?nc8 Indlcales that 5ts1ulory 88rthco$ Often fduEl&ntto InleMn8 atarb 8arly stage, partlcularly whgre provlslon ofèupporf. 8Nh8r In the hom6orthr￿j alternat1￿ aCCOMmod8Uon, would re8uII kn IrKreasèd coyts to tho¥9 8erkn8. ss The Ch411ty lac88 a rt8k relallru fo Iho reciultm9nt ond retenlkn of BuIt8trAy S￿l￿d VC4un￿erTrtjS1ee8 wJfflcl8nlllm8 and expertence to 8UPPOrt Board gOVer￿rKe. Difflculy in rerwlliryd kJc*l Trustees InNea8e8 Ih8 rl8k of reduttd 8¢ard gffeci1￿￿aS8 9nd ws1l1￿Cq. Stsps ha¥8 beon taken to mIl￿tte Ihl¥ rhk. Indurjlny the devglopmenl of a Tw8ts• rnuultmwl pad(. Ho*wer. on¢ vleancy ramaln6 en the 808rd Ihe char￿,$ knngest.8ervl￿ Tru818e. 25 yeaw8' servkg. ha8 trbdlc4tsd her Int•nthn to r8tire durln9 2026. At we8enL only four ol tho Ch8rfty's nlne se￿Ing Trus18￿ ha￿ serwBd foi fewer th8D nkne years. In rèupon#8. tho Trustee8 kI8n lo ￿dertake o tatgelgd r8crLAbTh￿t￿mPalqn durfng the corn1￿ yearlo $lr•ffjEh8Th Q08rd c¢pgdtyi Itmase Bkills dveislty 5UPPOrt 8UCC888bn plannlw. srATEMENT OF TRUSTEE5' RESPONSIBILITIES Th&tnwtees a￿r9¥p￿11bre l¢xpiap&fjwlh8 Repi%lofthaTrusleps aThJlh8financla18Ia￿7ents In accordarKe**happ11¢8trAo and UnN&d K[TrJd￿ A¢&yJnliNJ SlsThJsrdB Ivrlled GenBmlly Accepted Ace0￿￿ng p￿11¢8). Chailly law req￿rea (ho Irusteg5 lo prepare financld Btabment8 for •aL* finandal yew. Under Ihol law. the tFutha8 havo •l&t8dtoprapare IhEI ￿n￿￿k￿1918temenls In oc¢crfdanCè￿ih unl￿ KlngdomQgnor¥llyknepled Accounting Pr￿1￿0 (Untted Klngdom Accounllng stand*8 and appltcqUg18wI. Under (*arlly Lqw tr￿1888 musl not approv• thg finandal stthrMnt8 unl888 Ihey aro tsaU818d Ihal they glve a Irug a￿j falr vlewol the $iat0 ofaffdrs oflh8 chgrfjty and of Incoming rn8ouio88 and apr4ba119n E>1 rg¥we8, Indudlnu th8 Income and 8xpèndlluro. of Iha charlty for that Porlod. In preparfn9 Ihose fl￿8￿[81 8t91ernen18. th& Irusteos sre 18qulred lo 88lecl 8ultablB wxounlrvJ po4c488 8nd thgn 4>ply Ihem con6lsienNy'. the melhods pfindWe8 In Ihe ChBdlE8s SORP.. make J￿gements ond esUmo1&& Ihatare re9$one￿O &nd prud8ntr. 3tHta ￿thether appficaNa aits)unlkng Btandords have been followod, $vUecl to any matw1￿ departuroo dI8d0￿1 and eX￿aIned In thg finsnGkl $lalemonts', prepgre the finand91 $tal8mont8 Oll th9 o)ncem ba£1$ urlo&$ It Is lThakvWate to w8$um8 thal chgrtty ￿11 conllnug In buBlnes5. The trustee6 are re8pon8Ue frK keoplng prO￿raccoun1nY rery)rds whkh dlK108e vilh r8a80n8bla 8ccuw al Ony Uma the fina￿[al posllion of thè chatlty and to enable them lo Qnsure Ih81 the fiNa￿l81 statemeThts campiy Ydth Ihe Chorilips Ad 2011 andyhe Chafity . In ouroplnlon the IlMnd8181aEemBnts.. glve a (rue arnd fatr vlew ot thè gtate ol the tharitys aff8if8 a& al 31 Dacemèer 2026 and ol tt& IncomtrvJ rèBaurc88 and appllcthn olre50urce8, forthe ywthen ended.. have been piop6rly prepored In accord￿)ee w5th Unlled Ktngdom Ggneralty AccW4d Accounllng P￿￿&.. and have be8Th piapaied kn ac4?)rd￿ce wilh Ihe rwulremgnts olth¢ Chgdtle$ Act 2011, Pa818 foroplnlon Wo coThJucted our audll In 8ccwdance wllh Inlernatlonsl StandArd6 on Audit1￿j ILIK) (1S￿* IUK)18nd akWlcabl6 law. Our reAp￿SIbIlI11es under thoae stsndard5 arè futlhef d88cribed In Ihè Authtor8' reswn51blllllgs lor Ihe audk of the finoncl81 8tat8rn8nl% secllon of our r8POrt. W8 ar& indep8rll18nt of th& charfty In ?￿or￿anCe vlth thè elNrA rgouiremonls 1hat arè rdev4nt lo oureuolt oftm fjn8n(aal slatements in Ihg UK, In¢ludlw the FRC* Elhlral Standard, ￿dwe have lulfllled ourolhor ethlcal r8Brth51Allllgsln ac¢ordancèwlth IhE8e requiFements. Wa belleveth81 Ihèaudll e￿der￿eWehavQ ob181ned Is r4Jffldènt and $pprowate la provts18 8 ba318 lorwr oplnfon. Con¢lu8ion8 rèlatlng ta golng wneern In audlllng lh8 hMn¢￿1 slal8m8nts, we havo eonEludod that Ihe Imslfje8' UBe of the goiw con¢em t4FI? ol aoxuntlng In th¢ pry*on ol the finandal 11olemgnts Is 8PWOWi8te. B88ed Ihg IwIrf( we hava parform8d, w8 have not 1tl9ntif￿d 8ny matei181 unc8rt4ln118s rtslall￿ lo event8 or condltlon8 that. Indfvtdulty or ￿1￿¢￿￿8￿. nw ¢a$l &Ignif￿1 thubt on the Ch￿ty& abllmy to o)Mnue 88 8 wncern lor a peilod ol •t 18&8t t¥¥elvo monlhi from whon th8 fina￿la1 stgtements are authorf88(I for188ue_ Our r8&[￿61t11￿I88 the reBpon$5bfl1116s ofthgtru8tees wllh r95pecttogolng¢oncern are de3wbed Iri thg relevgnl I￿On8 of Ihlg roport, Other Informatlon The tIU8t888 ar8 responslble lorlhe olhor knfOrrr￿I10n. The olherlnformatlon wmprlees the Inbrmatlon kncludwj h th• Amuai Report. olhgrlhan Ihe stalomn19 and our Rèwt ofth8 Independanl Audltor8 Ihereon. Our opknien w Ih8 financ￿1 slatsmen18 okJ95 not ¢Dvar th& othèi infom781ion arKI, gxrnpl t? thg extent Ot￿rY￿s￿ explli*t 8ldlad In our rw. w6 Ik) not exws any fotm olassurancg condusbTh theffjoTr. In connectron wkh our authl ol Ihe st818rn8n18. our w$p￿lts111ty Is lo 1È8d th? Qlher lrfoMAllon 8nd. dolng BO, r￿￿et￿rth￿0rhOr Inlorn￿lbn l& matèrlally 1ncon91slenl￿Ih the flnarKlal ststement8 or oui knowledgo¢bldned In ihe audlt or app8ars to LE rnatsrfal￿ rnI88tal￿J. If we fjdentffy suth mo19rlal Ino)n8tslencl&8 or 8pparenl maieiial Mi8&ts18menls, ￿ are raqulred to dBtetrnln6 ￿ether Ihl$ I1￿ to 8 m8tErfal mls8t8temenl in tho financlal 8181gmellls Ih8msefves. 11. ba8ed on Ihe ￿rK have pwforrned, we Ihal Ihero ￿ a m4ledal rn18gt8lernpnl ol ih18 other Inlorm8lb)n, we aw? reqLlred h) rep(xt M fact. We havè rtthlhg to reFuA In *N¥ r8gard. Mallgr8 on whlch w• ate re4ulr&d lo rep)rt by gx¢eptlDn have rnlhing to report kn resp8ct of the follo*lng matters where the Chorfués IAccounl8 and RèpM$l RégulBUc*)s 2008 18quir8S U$ to r8port lo yw11, M our o￿n>￿'. Ih? InfO￿atron glven In Ihe Report ofth8 TIuBt•o8 L8 Incon81slEnl In moterfal respacl vAlh the financlal 6tal¢mgnt8', or sufilclent om)uniiny recordB h8vè nol b8en kept., or th8 fina￿￿1 6talemenls aro not kn agreemonl wilh Ihg a(EgUn￿ng ro¢ord8 reiwns,. Of W8 ha¥e not recalv8d 81 lh8 InformaliDn ¥rvJ gxl8nallons ￿ r8qutre foreur gudtt. Responslbllltl?¥ oftru$tso$ A6 trxplalmd mote lully In Ihe Staièm8111 ol Tru8tee8' Re0￿91b111I1e8, the trusléo8 are r88pon6lble *Jr Ihp prgparallon ol the flnanckql $laiornentS V4Wc* glve a true and lolr VI￿, ond for 8Ut* Internal wnlrol a$ the Irustee9 daleTmln8 is nee8$sary lo enBbb the preparallr￿ ol IInan￿lI gta18menls that ato Iro9 fwm mat6rfal mlgsl8temonl. ￿th￿rd￿9 to fraud Lyerror. In Jxepath9 IhF fjnanclol $lalemgt*s. the t{U81￿ are re¥pon$ibl6 foT a86￿￿￿j tho ¢h8rlly's a￿lty lo conllnuo gdrvJ concern. (IsClo￿n9, as sppfKaNe, mallers relaled lo gdng corKorn 8nd uslng the yolng conc￿) bas18 of occtsunhw un1988 IIK8 tru$t•ès Intond to I￿Ul¢JaI9 Ihfr ¢harfty ¢xtQC8880 opef9ti0Th¥. or have no r&dlsliG alternallvg bui io do BO. Poga 8 Report ol Ihe Irsdep•ndent Au(Iltor8 to the TruBtees of Thfr Cutbu8h & Coffall ¢harfty OUY re8ponolbllltlg0 for the audlt of tho flnanclal 8tthtnth18 Wo havè been appolnled as audlltrs under Se¢tbn 144 of the Charillg8 Acl 2011 and report h accfjrdaM$ the Acl aTrJ ielevgnt tegulalion8 m*le or 8ffe¢ltheieundBr. Our oblBGtIvBe are to oithln ￿a￿un￿bIt a$8wencé abo￿ wheth6r th8 finaneJ81 st*ments a8 a whokn we ffe8 frun ffl&tsilal ml6$lalemenl. whethor duo lo Iraud or Error, and lo Lssue 8 Report ol thg Ind0F¢r￿enl AudStor& that Indud88 our op(n￿n. Re&sonable 8$sV￿ce Is a kvel o18S8urarKe, bjt r8 a guarantee thal an a￿lIt conducted b) Accordance wlth ISA$ IUKI wlll alway8 delecta m81¥rial rn153lalomenl 4vhon Itex151s. M15s1alemÈnts c&) 81118 Irom fraudor èrror and are con8td8rEd mal8rlal11. lTrJlYlduwlty or In Ihe aggregatfj, th8y C￿ld raa8onably b8 expected io In￿en¢8 tho economlc decjslons ol u8er$ 18ken on the ba￿8 01 Iho88 finatKlal tlatemenb. The 8xtent lo wNch ourprocgdure¥ ore capaNg or¢je￿n9 Irreg￿ar11kn, Indudlng fraud Its dda11ed belov. Irr8gul8rflle8, Inciuthn9 fraud. are InslarKes of Tron-¢omplan¢g wlth S&ws 8nd Iogulallms. W8 d881gn wocedure6 In Ilne wEth Durrespry181blllJ88, outhnad ab)ve. lodeleci rnderlal mlssl8tementB kn resp&dollir¢gulathlo8, indudlTVJ fraud. The exlBnt to Ich our pioceduro$ ar8 capable of dptgdlng Irragubrili98. IrKludlrrfJ Iraud18 daldl6d below. We oblan9d an LDJgr81gndlng ollh8 lega r?gublory Ir8meworks Ihatgr8 aPPl￿aLl￿ lo Ihe charfty and detsrrn1n￿ Ihal th8 Most 8igrifKwl ero Iho Stslement of Recommended Pradlce A(xovnliw and Reportln9 by ChBflUo8' ISORPI, In sCconlan￿ wilh Ihe Flnandal Rgportlng sisndaid oWl¢a￿e In UK IFRS 102). . Th6 Charfty 19 requlied to coM￿Y wlh charfty Igw and, based on our knowkndg? of It& Edlvlik8. hIeTh￿ed Ihal kngal requltetnpnt to accur91ely account kn r88tr1ciad fvnds was of key alynmc&N*. we￿￿￿[st00￿ h(Mflhe cherlly Is Cr*nO￿n￿￿11h Ihoso Itamework6 Viacommunlcguc￿w1th th080tharged￿1h govemancg, 10g81￿r￿th thè r6viewofihe thailvs documenled pollcleg ond woceduffj8. . We a8sessed the ¥usGepllblMly ollh8charlVs fin#nebl 91ataments to matshal mlsslatement, IncludlrKJ Iwfrat¥J MWJM ty CON￿erIng Ihe key r16ks Impa¢tlng the flnandal 8ts19fflgnl¥. These Included rbks assod01ed wlh Rèvénue Re￿on￿On, and manage￿nI OvgrrvJ9 oICDnlrolg, whkh werÈ d18cu8séd and Agiead by IhB audR1o8m. - Our 8pproach Induded qgtE6th9 Ihe tharflY$ reojgnitlon ol Inco￿ lo Ihe lerms of the und8rtykng 11(*nsé8 to rfcupy and a880dgted corrè&pond6n¢è, the revlew ol iwinal eTrtrfe$ prorw80d In tho 8ce¢yJiillng re¢ord8 gnd Ihe lnvqsUgati￿ of 31g￿￿¢an18Dd unusual tspn59GUonÈ hlenlltled from our ravi￿ of thé Éecothiino reccrfda, r &w>r09chw4& alg010 checklhal all re$til¢led In(￿aw&S KIBniified And sÈwr818ty 8cceurrtédft¢. Thls Included 1gvleWnglourThal adlu8lrnents and traTh8aclions. B8s8d on thls understgndlryj we d98lgngd our audll prcredures to Idontlfy non-cornpll8nc8 wlh auth la￿ and r8gulatlon8, Our proeottur05 knvohod ol1tr￿ reputkng lo thettustee8 Y4ilh rew to the apkql¢aJoTr of th¢ dc¢umented poNclgs ond ¥Y¢Codure8 arwj ievlowoflhe finandal 51ÈtÈrn￿I$ 10 en8urè ¢ompllonce wllh Ihe roporung roqultomenlB ofthg Cha￿ty. There are Inhgrgnt Ilmltdons ￿ lh8 8wJllptowluras d98ulb8d a￿¥8 and, the futhwramoved n0ndcompl1an￿ lawB a r8oulallcffis Is from Iho events and IiaftsBcUons r6fiecled in the finandal St818rn￿I8. thg le89 likelywewouhJ becom8 8Y13r8 of tt. Th& rl&k of not detsctkng 8 mèiarlal Ml#giatemenl ¢*Jo to fraud 18 h(qher than Ihe risk of wbot d8t8￿rg r¢wIl￿g from etror. as IraiKJ my Inyotve de1*￿ts concBalm8nt by, for tsxemp￿, lor9ery or1rtgntbno1 MIS￿Pre8¢nt9¢h)ns, or through QIU8￿n. A d98cflplton of our r8¥pJnslbNlilas for the aJdll of Ihe nnon¢lal Jlolemenls Is k)catod ¢)n Ihe Flnandal Rep(wUr Counrll'5 websit& al ww.fr¢.or9.vklwsithre8POll8ldlllle6. This descrlpuon forms Part ot our Repori of the Indep￿￿1 Audltors. PagB 9 Report ot tho Indgpondenl Audltors to Ih& frtsat&&B of Thè Culbush & Corr411 Charlty V•e of our Mport Thls repDrtIs mgdg8oAgly lolhe ¢haillls Irustsa$, as a body, in ￿)rda[￿ ￿1h P8rt4 ollhs Ch￿1108 IAuJJunls and Re￿t8} Regulaiifth 2008. Ouraudil WL¥k has been und8rthken 80 Ihat W8 mlghl 8lato ID the charlV¥ truthe? Iho8? malters we are requltg(t lo 8ta¢e lo ihem In aAauditor8' r8port and for rn other wiposo. To the fulle6textentpeTITiiil8d by law, we do not accopl ¢xa55urn8 r88pon&lblltyto anyong olhw thon the ¢horlty ond the ch8oty'8 Irwlew a8 a boty, for ourauoltwtsrk, forlhl8 report, or lorthe Op1￿0￿ we have IDm)ed. KrtoK &FRet LLP Knox Croppei LLP Chartored Aceount9nts aryl 8blulory Audlors Office Sulle I Hb8l&mer8 Hou80 Lowgr Slreet Haylemertr Surrey GU27 2PE Oal&". Page 10 THE cufBUSH & CORRALL CHARITY Stsl8m8Tht of Fln8n¢lal Actlvlllag for thè Yèar Ended 31 De¢frmb¥r 2W26 2026 Tol¥1 2Q24 Toial lund6 Unreslyktod lund$ Re8trkled fvnd Endo*Tn¢nt fund INCOME AND ENDOWMENTS FROM DMallci18 and ltyackn? 140 Ch?rlt8ble ac￿VItIeS Hwslng I.D3B,837 1,038I37 5.848 Inve8tmenllncw Olhor Income 142,482 142A82 81 129,522 601 T¢)tsl 1181400 EXPENDITURE ON Ral8hg lunds ,6B7 8,092 16,279 7.fv11 Charltablè i¢tlvlllwJ Hou8lTrJ 910 716 926 899 798 689 Total 917 302 941878 Nelgakrf on Inv•slmants NET INCOMEIIEXPENDITUREI Yran$f•r8 botwo•n lund• 302,487 118,8841 189.111 625,714 331,941 le Not movomoNt In lund$ 346,404 115,8841 196,194 625,Y14 381.941 RECONCIUATION OF FUNDS Tol81 fr￿dS brought lotward 8,684842 1,366,020 2,221,073 12,17WO 11.7W,494 TOTALFUND8 CARRIED FORWARD 931248 1360 136 2 416.767 12698149 12 172 435 Th• not88 form part olthg89 Ilnondg18lalaments PBge11 THE CUTBUSH & CORRALL CHARITY Bal•n¢& Sh8ot 31 Dpcgmber 2025 2020 2024 NoteB FIXED ASSETS Tangible 86sets Inw8tm8nts 13 14 8,809,177 8.449,679 808 3.426632 12,507,7B6 11,876.211 CURRENT ASs￿s Dfjblor8 Cash al bEnk snd In hond 15 66.1BJ 192,916 23,588 248,099 309.953 CREDITORS Amounts falllng ￿￿e￿#￿n ¢ne year 16 167,7351 173,7391 Nyf CURRENT AS8ET8 TQTALA88Efs LE8S CURRENT UABILITIFS 12,691,149 12,172,435 NET A88ETS 12 098 149 12172435 FUND8 Unroslridecl funds furd& EndDwmgnl lund$ 18 8,931,246 1,350,138 8,584,842 1,366.020 2 221673 TOTAL FLINDS 698 149 12 172 435 The Ilngndal stat6mfrntgwa￿ epproved tylhe B09rd ¢1 fru8tegs and authorlsedf0r18s￿Qn.. were slgTh&J on Its bohallby.. .Bnd The noies foim partof Ihg8e Ilnand8T stat8fflen18 Pay?12 THE CUTBU8H & ¢QIIFIALL CHARITY Caah Flow St8tomeht for the YoarErdod 31 DBcBmbor 2025 2025 2024 Notes Cash flow6 from op?ralkng act1￿1188 Ca3h gonerated from ¢)p?raltons Net cash pro￿ded by rygrthg 8cNlle9 C48h IIow8 from Inve#Uny a¢￿vIf1 Purchase of tangible [￿ed assets Purchas6 of fixed as$8t Investmgnlg sole olflxed aB691 Inv88lrTh8nls Inler8sl iecdvwj DMdgnd$ rece￿ Mov&rn0nt In Inveslmant man8g81 ¢a8h 1639.3611 1SB2.1131 571,819 4.387 136,690 (2%,8151 11,135,e441 1,261,443 5,788 114,170 126 *21 Nel cash In Invesllng aclfvS118$ 384 0621 110 0501 Ch*noe In Gosh *nd ¢￿h 84ulval•nt• In th• r•portlng perlod CaBh qnd cugh gqulval¢nts otth8 bpglllnlng of tho roporllllg p9rfod 1153,4911 176.S62 169.815 ¢￿h and ca8h oqulvllonh atlho end ol the reportlng perlod 192 916 The notes loim part orth868 flnonclal 8tsleThnts Pag8 13 THE CUTBUSH & CORRALL CHAwrY Nole¥ tg ¢he ¢a•h Flowstitement lorlhe Y8Br Endod Yl Decomber 202S RE¢￿ILIATION OF NET INCOME TO Nvf CA8H FLOW FROM OPERATING ACTIVITIES 2025 2024 Not Income fortho Y•portlng perlod181 pgr the Statsm?nl of Flnanclal A¢tlvltleBI AdSu8tm8ntB for: Depre¢lallan thaig68 Galn on In¥e8im8ntS Los& on dlsp05al olfjx¢d as80is In18re8t recdvod DMdend$ r￿￿Ved Axumulated dlvldend8 Iln¢r8a80)Idacrea58 In d$btors Oecrease In credttors 626,714 381,941 141863 1296,1921 9,096 14.30YI 136.6981 11,3891 13.4131 138.276 192,3621 1.450 15,7581 1114.1701 ,6931 fj,333 Not ¢18h provldpd by opgratlon 28e,a32 ANALYSIS OF CHANGES IN NET FUNDS At 1.1.26 g$h ffow At 31.1125 Nel c88h Cash at o￿k and In hand 346 397 153 481 192.916 153 481 182916 Total 163 4B11 192916 The note5 foim psrt ol Iheae Ilnanel81 st*m￿lS Page 14 THE CUTBU8H & CORFIALL CHARITY Not08 to the Flnonclal 3tAtom•nt¥ for th8 Year Énded 31 DBcember 2Q26 ACCOUNTING POLICIES Bwslg ot preparlny Ihe Iinanclal 8thtèm•nts The Culbu8h & Corall Charfly Is a ch8rlty gOvgrn￿j by a s¢hem8 date￿ 16 November 2010. &s amended on 18 Juty 202Q, and reglslernd ai • ￿th thp Ch81Ity Comml88ion of England and Wales. The 8ddre58 of the rO818r 0fi7¢e Is glven on P89e l. Tho finand8181818Monls of the chaiity. vhlth 18 a putJlG ben6fit enuty under FRS 102. heve bpen pr8pared accorda￿ vAth the Cherllles SORP IFRS 102}'Alw￿lIntr 8nd R8POrt*ig by ChallliBS'. S18t9menl of Recomm￿￿%[8d p[￿11¢8appltcabIfj lo(*8tltke8 pr8parfng IhelraGcount¥ln￿c0rd8nCe￿SIhIh¢ FharKlal Reporung Standard applkab In the UK and Repubk ol IF81ond (FR8 1021 leffecllvg 1 Jawary 2019),. Flnand81 Roportlng Standard 102 'Thg Flnanttial Reportlng Standard ap￿￿le kn tho UK and ReKthJlcof Ireland, Ind thg Ctharlilès Ac12011. Thè stat8m&nis have begn weparEd und8r Iho hlslorlral cwt convantlon. ￿th the eXC￿Tr ol lnv8Btm￿ts whkh arg Induded Qt matkelvaluB. as modllkd by th8 lova￿3￿0￿ ol c*rtalTh 886ets. Th8 fin8nclal 81ateThnlo 4r8 pr￿entsd In 8lerlno. 15 Ihe lunthonal eJJirenw ol the Charfty and 8re roundod tri the neamt wund. Thg accoun1¥ hwe been prepawj to give a'tTue and faor w1eW and have daparted from Ihp Chailllo8 IActs)unta 8nd Reports) RggulaUon8 2008onty lo the extent reQuIr￿ to wovtdg 4'true atKI lalrvl6vl. Thh d&p8riura lnvolvadf0lth￿n9 Ac¢ounlln9 and RapOrt1￿ by Chartllefj preparing Ihelr att￿nIS In accordanco *Alh the Flnanrlgl fteporung SlarKlatd 8ppIIc8b18 In the UK and Ropubllo of Ireland IFR81021 issuèd on 16th Juty 2014 raiher than tho Accounilng aTvJ Rewrlng by Chariile8 St8tsm6nl of Recomrnond8d Prathe effokn frorn 1st &)rl 2UJS whlch hoB teen thdrawn. Golny concern The finandal siatemenls have W wgpared on a going Gon¢8m b8818 as thè Tr￿￿￿$ bdl6ve rK) rnalerl uncertakntl95 ex151. The Tru51885 héw collld8tad the level ol funds held and th8 8xpod£d Iwel ol Incomè and expETrJiiuro lor 12 ￿￿thI ric￿ wth)rtslng Ihe6e finandgl stBtemÉnt& Tha budoated hcoTh aNJ th(p￿)d￿9 6$ suM8nt wth thg l¢vel ol ros￿&9 lorthe Charfly lo b? aklg to ¢onllnu8 a¥ a golng concorrL Crlflcal aGCOUnttng ludgvmenfs and Kèy 4ourc•8 of ••llmatlon wcgrlAlnty followng arè the ¢fllk81 judgement8 8nd kgy $ource8 0198llmgllon urwArf&lnty thal th& Board has modo In th Pr￿8$ ol ap￿VIng Ihe ¢hgrlly'¥ wunling a[￿ that have the most stgrlftcant affect on the amwnt rewnl8od In tho brondal B(blemnts.' Identificallon olhou6kn0 prormly The Gharity accounts for 116 OX4)gndiiur8 en houslng propertles ullng ¢ompongnt awwnllTru, Undor compDngni a¢xounllNJ, the ho￿7￿￿ property18 divId￿j Inb those COTDponenls ww ar8 uJn8ld8red to hav6 6ub6tanll8lly dWf6rent usafLI ¢¢onoml¢ lives. Judg8m9nt1s u88d In 84ocallThJ propaity costs beiwn o)mpwtht8 (l￿d. 51rudum, klld)8n$, balhmom8 Bkl ond kn delemiWn9 tho u86ful econom1¢ lkns ofeath ¢ompefieTht. Hou8lng property dewe¢l8llon JB ¢alculBtod on a compon8nt.by-componont b6515. The hl8Trtsficallon of suth compononl¥ Is a maller ofludgemgntond may havo a malerlal imp8¢1 on dopr¢datbn chgffjg. The compon8nl6 lected arg IhDse reflect howlhe mslor rap￿¢$ lo Ihe wopoty are managed. Income All incomo 19 recogthd In lh8 Ststomgnl of Flnandal owo the tharlty h88 8DJll8Thrl to tho ￿ndts. 1118 probable that the Irwg ￿11 be recelvéd and th8 amounl cen be m8a$ured roll￿y. For1ggade$, 8nllllemen¢18 t8kon as the earfler ol thè d8t& on whkh dlh8r. the chartiy Is a￿Tè Ihat probate h68 bean granted. Ihe e8tale hae b&8n Ilnallsed and nollficalbn ha6 been n)ad9 ty Ihoexecutors tothe charflythal a dlslrlbjllon wlll be made, lx when a dlstthbullon FE rscefved from the est818. Recelrt of a legacy 18 only ¢on$ldeiad wobable ¥￿en tl* amounlcan bè mea$ur8d r81iably and the diarlty has been nouled ofihe ¢xoCUto¢8 Inlenlkn ¢oThakeg dslrtbullon. there legades have been nolfi8d ID the ¢hafily. orthe charity 1$ Aware orthg orantlng of prob&lo, eiit6rf8 lor Incom& recognlllon have not been mel, then Ihe le￿0Y 1$ treated &B a wllngent asselond dlsc4osÉd Ilmalgrial. Pogo 15 conUnuÉd... THE CUTBVSH & CORRALL CHARITY Notes to thg Flnanclal Statomgnto- contknu¢d for tho Year EndKI 31 Doc?Tr￿>Qr 2025 CcC￿l￿rrlWS POLICIES . ¢ontlnu8d Income are rBcoyni8ed In th8 peiiod In ￿1¢h IW aro receTved. wl8BS there aro Gonditsc￿l Uiat hav• not b8en mai b8tse the clwrfiy ts enlilled lo Ihe re80WC•. Weekly rnalntenance tontdbuUon$and depo911 Inl8r8818re Indud8d In tha ft[￿[￿1819f8teM8n1S baknd an fho PBtIDd for wNGh Ihty relats. Income kom h)ve8lmenlg In the loim ol d￿d￿nds Inleresl Is indud8d In the Insncial 8t818mentBwhen declared. Expendltur& LI8Nllllos ai• r8COgnl$gd as eypOnd￿Jr8￿5 8$ there Is É18gal or conslrucuve d￿Jga￿On corNfilltkng thè ¢horfty10 Ihal eXp￿dIlure.1l (8 probzth that a tw)slerofecoMmio bBnoflt6 wll bÉ requlred In 5ettl8rn8nt and the arnounl 01th8 obltgatknn can be MeAs￿ed r8llat4y. E%pendilure18 accounted foi on an 8cGrual8 b8$18 and has be6n ¢la881fl8d under headkng9 thataggrogateal cost related lothe ¢alegory.WherBGUStscannotb8 (jIrec￿ 8llrfthubYtO P8rtkaJlarheidln they havE been allocgted lo actlvllles on a ba61s consistent wilh I￿ use ol res(xJrca8. Cost8 of rnl¥h9 l￿d5 CL¥nwlse8 the eosts r8l&lng to the Inveslmants. ExpendlbJr@ On Gh4rflablg acllvltlas th8 eolts of runnlrvJ 8n¢J makntolnkng Iha dmthJv498 aTh1 prowng 88rvIGes qn¢ benefits to Ihe ￿side1)I¥. AlloBalloTh Ind apportlonrnent of¢￿1# 8upKort ¢x)sls ar0 tho88 funGIFons Ihal 8$8151 lh8 WDrk of Ihe chorlly bultlo not dlroth und8rtok• therflaNe acM88. Support QO$lÉ Intluth office cost$, persomel, payrol, and 9overnanco cosis K¢¥lc* suppori Ihe ch8rily's programm88 and aG￿￿t￿8. Thege ts)$15 have bg8n alocaled ba￿en cost ofrafslTrJ funds and expondilure on charita￿e aGti*Atie8. TBnglblp flx8d a8S•tÈ HouslrrfJ properfos ar• 8taled al dEpreclaled coat. The cost of complolerl h￿U￿ng proper￿06 h dèpf8daled uvgr Ih? IKe ol ihe proF4th88. PropertyeE are ￿Counted foron a componentC08t bas19 wlih &ach cA)mponBnl belno dewedat8d OV8r 118 Èsllrnalod eoonorth 1118. Th& prlnripal compon&nts IdenUTréd aTKI the deprochdon r8to applle(I to egch Mpon￿l are sel ￿ bdow.. FAbrk RoDf Elecldcs Window4 dc Bglhrooms mechanic￿ sy8tetllS Kllch8n Bollors Y¢ar8 100 40 30 30 30 20 C¢mputsr equlpmèrt CompLtsr Equlpmanl18 siaied alde￿ed91o￿ cost. [￿praC48t10n ￿ provlded at 20%'on a 81ralght Ina ba￿1 lo wrftq off the c051 cl fb(ed a988t8 over th￿rexPec10d UEelul lfves. TAxatlon Tho Gharlly 1$ exgmpl from lax on118 tharrtable ￿1￿1108. Fund aoaountlng Unre¥lrictwJ ￿ndS c8n bo used In &cordaMe ￿1h lh6 d)ofllaUe Object￿tt al th8dfgLThUon of the InJ81ees. Re$trlcted ftmd8 ¢an be uaBd tsrpart￿￿arresIrlCtsd purpoBe8wlthln Ihg of4eG15 ofth? tha¢ly. Re81rth8 ads& wh8n $pe(ifled ty the donor orwhen Hre talsgd for pgrtlcular re6hYeAed wrpoB88. Furth•r exF4anatlDn oltha natur6 and wrposo of $a¢n ￿nd Is Indu(Jed In the rKlteE lo Iho flnanclal sts18ments, P•ge 18 conllnued... THE CUTBUSH & CORRALL CHARITY Notes to Flnan¢lal 8tHtgment8. COM￿nue￿ for th• Y•ar End¢d 31 Doce¥nb¢r 2025 ACCOUNTING POLICIES- oontlnuod D8btor8 Ti8do ethw debtots are 18cogn18ed at 5oMemenl amowll duè after ary Irath dlseount oifèred. Prap9yri￿ls are valued 81 the amount prakold net oF8ny trade dlwurbts tsje. Cash at bank and In hpnd Ca8h ot bank and ca6h In hand IrKlude$ ¢a5h temi hlghty ￿q￿d Investment8 vllh a Bhort m81urity of three m¢nlhs or le88 from the date olaqul¥lUon Dropenlng Otthg depO￿t or 6imllw 81XOiWt. Cr8dltoN •nd provlslons CrvdSlors and provi5Ion8 are recognlsed wherolhe charlty has a pre58rt1 ¢bI￿allon rowlllrvJ frorn a pa$t event thBlwll probatAy te8ultth the iransfer of funds to 8 Ihlrd patty 8nd the amount du6 10 5eitlè the obligailon can bo measured c e$llmat8d rellably. Cr&111￿8 vmd prow181on8 are noTmalty recognised ol Ih•lr 88llbm8nl ￿QU￿t aftw all￿￿J for any trade dtscounly due, Fln•n¢lal In¥tnM¢nt8 The charity OW has financlal as￿19 atKS flThandal IL8b￿lI￿a 01 a klnd thal qualify e5 ba$lc Inano¥al SnsirumeTri8, Baslc Ilnat¢bl instrum8nls InltlAIty r8DJgnl8e(J ottran8￿¢1Qn va*Je and 5vbsgquenUy measuied al tholr5eKlemeTht vahjg th Ihe 6xvpttoTr ol bank bJ8n8 whka are 8ub8oquently m6aswed at am¢rlJsed cost u&lny effe¢ilvg Inlèr881 fflelkK)d. Invgglm•nt8 Investmanis are a knmi DI b88lG flnanclal Inv8¥lm8nt gnd gre Inlllally rè¢ognl8ed ol their tianyocllcn valuè and su￿quent￿M¢SSUred allalrvÈlu8 a6 atthe bolanco shèet date ￿￿ng IheC1￿1ng qthJted Mark81 Th88lalemenl oliinandal 8th118s Indude& tho rElgalnB ynd10888s arlilng on revalualorTr8 gtKI disposals throughout thoy8ar. Roalised g2ln8 9nd1088es C￿ Inve$tm8nt5 Bie cakulgtad 89 Ihe dlfference belwe¢n salos proc88d8 and tholr openi cfirrylng v￿6 orthlrpurctwe vakna Ifawilred subseq￿nIt0 ihe f*slddy of Ihg fin8nclal y8aT. UnreaI9edgaln$ and 105&•8 are CalCu￿ted 85 Ihe dlW8rw ihe 1011 ￿lue 91 the yaar end and IhdrcaTryip9 ¥a1u8. R•¢oupmgnt Ordgr The charily Is $ubleGt lo e R¢coupm8nl Ovderm8d8 ty tho Chortty GomrffliB8lon 13 May 1993 In rnsp8Ct ol hlBtorki payments made oui of tho pgmianenl endowmanl, ￿lch were g¥PEnded on Phase 11, Cuibush & Corrdl Courf. Payment ofup10£555,OOD w&5 permhllèd but Itwa8 agreed vllh th8Charlty Comml38lon thatonly £366.0￿%￿*S used. Th? rowptnenl perk)d is 80 yè818 £6.083,33 perannum18 therefore sèl as￿0 and Inv8818d In 6hores eath yoar, The income arlslrKJ ftomthg¥o1nve6lm8ni8￿II Mtform partofihe perrnanenl eDdowTh8ntlts811. and¢*n b8 expend& by th8 ch8rlty agalngt the g￿er81 fvnd. DONATIONS AND LEGACIES 3025 2024 140 Page 17 conbnued... THE CUTBUSH & CORRALL CHARITY Nofys to th& Flnanclal St•lgments. contlnu•d forlhe Year Ended 31 Dècgmber 2026 INVESTMENT INCOME 2026 2024 Inv081menl Irthm& Dew$lt account Intwest 138,095 129,764 142 482 129 522 IN¢QME FROPI CHARITABLE ACTMTIES 2025 ilvlty Hou8lng Hou8ln9 H(MJslng 2024 Hc4ts1ng Aclvlllgs Re81¢J¢nts' acNlle8 Room Hlre 1,037,685 860 402 2,981 2,712 147 l OJ8 837 FIAISING FUNDS Invo8tm8nt m4nag8m8nt Costs 2025 2024 Portlollo M￿￿￿ment 15 CHARITABLE ACTIVITIES COST6 Dlrecl Go81818e8 t87) Supwt o)sts1$00 1881 ToleLs Houfjlng 163 430 926 699 DIRECT COST8 OF CHARITABLE A¢TIVITIE8 2026 2024 Staff tosts CMBtm8B bcthtles lo Indlvl¢Jua18 Wattr. Ighl, he81 ond InsuraT￿8 Rths re. empiy prwrtles Oardenlng Property mpats gnd maIntW)￿cÉ SundrieE Ra61d8nts' gnd athvltib8 Ptofe881onal fe98 Chrlslmas paty Teleph(m 0torrunr￿ng expon¥e8 Tea Party Deprodallon Loss on sale 01688ets 234,811 7,600 89,726 4,604 34N07 186,506 13,94£ 3,344 28,609 5,171 6,33B 10,40 219,320 7.250 65.100 1.778 37,565 162,783 8,4 5,3W2 5.882 6,801 2.775 7,782 4,416 131,789 138,806 773 189 Pago 1 C￿lIn￿ed... THE CUTBUSH & CORRALL CHARITY Notej to the Fln•n¢lo1 Stotements. contlnuid forihe Y¢ar Endod 31 D8¢embgr 2026 SUPPORT CO8T8 Planagem&nt )6ts Tota15 Houslng Supportiml4 I￿4￿8d kn the abova, 8rg as folow8.' 2026 2024 Tolal aGIfvIUeE Hou$lng WagES W818r, Ighl, hè8t Insuranc8 Tolephon Sundile8 R8p81rs 8nd Irrfj)rovements Piole$sic￿l fee8 Staff Ifalnlng CC4nputer8x￿ns0ts B8nk ¢hargo8 AGGounUng Depr8daUon ol t8nE4ble hg1ilagB assets Audltor6' Ipmuner6llon AwJltDrs' romunor81th lorr￿ 8wthtbVDrk Trustee Indemnity In8urar 86,364 2,874 5.938 10,7è6 5,547 8,062 6,182 6.868 ,697 4.295 6.068 9.000 83,102 6,829 3,973 7,113 6,438 6.638 2,398 6,628 1,971 6,487 10,000 980 IS3430 140 116 OTHER 2Q2 2024 SupporteAlSta 140115 io. TFU8TEÉS' REMUNERATION AND BENEFITS Yherew8r8 ho bustee8' ￿mUneratIOn or olh8r bemfits for Ihe year ended 31 December 2025 nor for Ihi y•ar andod 31 Deprrbpr2024. Tru•ttss' •xpèn•g8 Thère WeT8 llo truslee8' expen8e8 pald for thg y9ar 31 OEcember2tr25 Mr for Ihe yoar ended 310ecemb9r2￿24. Page 19 onifjnued,,. THE CVYBL18H & CORRALL GHARITY Not0• to the Flnahclal Statemonts- ¢ontlnued forlhp Year Endèd 31 Decernber 2026 11. STAFF COSTS 2026 2024 Qro8E Sd8rles Soclal Sgcurfiy P8nsion8 Other EmployeB ts9￿fit8 285￿07 21,848 148DI 288,987 19,e69 12,141 321176 2025 Nv. 2024 Hov8lng a¢twltse Managemert ond OdmINs￿UoTr 10 No employees recefvèd tmolumBnts In QKce88 01 £eo,000. The key manogemenl p8r8onnBI or th8 ¢harlty ￿￿p￿Se the Clérk & Chkf Execullve Offlc8r, H8•10l FlngtKg anrl e8(1 of Op8r8lbns, 4oTVJ vAih tho Tru8toe$. The tot81 W[nu￿ratIon ol hy management porsonnel durfng th? year was E124.39212024- E131,9191, COMPARATIVE8 FOR THE STATEMENT OF FINANCIAL ACTIVITIES u￿r￿Irt¢IaIj Restithd nd8 fuThJ 12, EndJ%MMnt lund Tot fundB INCOME AND ENDOWMENTS FROM Donatlons gnd ￿ga¢10S 149 140 Chailtable actlvlllofj Howkng 905.846 96S,848 Investmènt irKaJn Other IrKome 129,622 129,622 801 Total EXPENDITURE ON R8lsing fun(J• 3,qlS 4.466 7.941 Chqrft4bl• actlvldes Hou81r 16.804 Total Nel galn8 on thve5tmnls NET INCOMEIIEXPENDrruREI Tran•fer• bolween fund8 393,990 116,8841 3.845 381,941 Net movemont In funds 387.897 115,8841 9.928 381.941 Page 20 conlinuwj... THE CUTBUSH & CORRALL CHARITY Notvs to thB Flnpnc￿l St4tgmant8. conllnuod for thi Yewr Ended 31 Docembor 2026 12. Co￿ARATIVEs FOR THE STATEMENT OF FINANCIAL ACTIMTIES. contlnugd UThrgElrfcted Resirlcted fuT¥Js rund En(Sowment fun Tot81 l￿d8 RE¢ON¢ILIATION OF FUNDS Totsl lunds bro￿1 fowward 8,198,945 1,381,904 2,211.64B 11.790,494 TOTAL FUNDS CARRIED FORWARD 8,584 842 2 221 $73 12 172 43S 13. TANGIPLE FIXED AS8ET8 othei Fré6hold Propwty HouElrKJ propertlga Computsr equlwn8nt Totsl8 COST At l JonLW 2025 AddSUon5 DI8PO8a18 10A39,969 639,361 814711 214,14J 20068 10,674,460 639,3B1 At 31 DecMiber 2025 10897849 214 143 zo 11132 350 DEPRECIATION At 1 Jgnusry 2025 Chorge for Ellrnwthd on dl$p05ql 2,184,497 138,800 47,706 2,OJT 12.678 3021 1224,881 143,fj63 At 31 Do¢omber2025 NEf BOOK VALU At 31 Doc¢mbèr 2025 B640118 8 809 177 At 31 DK8mbeT 2024 8 276 462 14, FIXED ASSET INVESTMENTS Ll¥lEd Investrnenl$ MARKET VALUE Al 1 J8nu8ry 20 Ark11kn8 D16PQ8als R•valualbn# Movomant In cegh a.426￿32 582,113 1587,6801 302￿￿ A131 Decemb8r2025 3 608 608 NET BOOK VALUE At 3106cenknw 202S Al 31 Decornber 2024 3 428 632 Thgrg were ￿ Inv86kngDI oulsldB UK. Page 21 C￿tIn￿d... THE CUTBV8H & CORRALL CHARITY Not8B to the Flnanclal 8titem6nts . ¢ontlnu8d for tho Year Endèd 31 Do¢•mb0r 202 14. FIXED ASSET INVESTMENT8-oontlnu•d The carrykng ofln8ndai assets 81 Idrvau8 through Inwm8 and 8xp8ndlur8wllhln InvosimeThls ts £3,583,893 12024.. £3.287,4051. Induded wtthln In￿￿1￿8￿(8 l¥ c98h of£120.aos12024: £148,418) DE8TORS.' AhlOUNTS FALLING OUE WTHIN ONE YEAR 16. 2025 2024 Trade dob1￿$ Prepaym&nts and 8cL¥ued 1￿me 5,701 49 3,riJ8 20 560 18. CREDITORS.. AIIOUNTS FALLING DUE WITFIN ONE YEAR 2026 2024 Trgde ￿edItOrS TaKalkn and s￿10[ Se￿￿lY othercredSlors 4,77T 7,794 28.412 17. ANALYSIS OF NET ASSET8 BETWEEhl FUNDS 2025 Tolol Dd$ Unre8lrfcted fund8 R8$lilcled lund EThSI)￿n8nl rund Tol&l runds Fixed 888ets Invoèimenls CDrrenl s88ets Cu118nl IkHbllltiFs 7,288.707 1.459&,Z40 104.084 67.735 1.315Q,136 170,3a4 2,102,368 144.065 8,809,177 3,69B.608 248,099 8.449,579 3,426,832 389,963 1350 138 12 172435 MOVEMENT IN FUND8 N81 M¢Vomenl lund8 Tra￿ler belweon Al 31.12.25 At1.1.25 UThrèstrlct8d funds 13en&ral fund Extra¢￿Ifi8ry repa115 fund DwElopmonl fund 7.338,J29 1.166,792 90,521 273.320 66,839 748.131 (722.6311 315831 8.389,9W) 600,0 R8Btrlctèd funds Grant IncLxne fund 684,842 302,497 16,Q831 8,931,246 f,388.020 116,8841 1,350,136 EThdowm6nt fundg Endomqnonl fiJndB 2.221.6T3 189.111 6,088 2Aq6,767 TOTAL FUNDS 172 438 025 714 12 898 149 Page 22 CDntknu&l... THE CUTBUSH & CORRALL CHARirY Nol99 to th8 Flnanclql Statém&nls. contlnued lor th8 Year End¢d 31 D8cDmbor 2028 MOVEMENT IN FUND3 p conflnupd Not mpvement in funds. Ineltd8d ln the 8bov8 ¥0 as fdiow4.' Incom r￿oUrCe Re8ourca8 expendgd Galns 4YKI tO8#08 ovement rvnds UnreBtrlctsrt fund8 General fuTh Extmordlnary r8palr8 fund Dgvelown8nl ￿nd 1.181NOO 1912,1471 15.1651 4,007 71,994 273,320 66039 1,101,400 1glY,3021 88,389 362,487 R$slrtcted fundo Gfant Income lund 116M841 116,8841 EndoYéTnentfund$ Eknent fund4 180921 197.803 189.111 TOTAL FUNDS 525714 Comparatlves for movament In lund$ Net y￿ent In fvnd• Tran¥fer belwggn fund At 1.1.24 31.12.24 Unr•$trl¢ted Iimds G8nèral fund Exlraordlnary repalrs lund Development fund 8,984.187 291,340 1.045.650 11Q.142 187 108 ￿502) ￿69 0861 a.1￿,?45 393.980 18,0831 83,002 7.338.529 1.155.792 9.5è4,Q42 Restrlcted fundB Grsnl Incgme futsj 1,381.904 1fj6.8841 1,3e6.020 EThlowm0ntfur￿s Endowrnent funds 2.211.645 3.846 6.088 2,221,578 TOTAL FUNDS 117￿,494 Ps90 23 eonllnu&A... THE CLTfBUSH & CORRALL CHARITY Not98 to the Flnanclal 3talomBn18. ¢onllnu8d ror the Year Enderl 31 D8¢èmbor 2026 MOVEMENT IN FUNDS. eonllnued Comp8fafve nat mv8m8nl In lund$, Induded In Ihè •bDve ere 4$ lollow8'. Incomlng rasouroe6 Resourc8& ponded G81Tr5 and M¢v¢mertt lun Unrellrlcled funds Gengral fund Extraordlnary ropalrs lun Devolopmgnt rund 1,096,1Qa (783,4681 (2,7121 PI,8011 112,054 291,34ll 110.142 Rewfrl¥ted funds Grant Incom? fund 1.098,109 17B6,1801 84.051 393.990 116,8841 115,8841 Endowmontf￿ds Endowrnent funda 14,4C61 8.311 TOTAL FUN0¥ The Exlraorofngry RepBlr Fund Ig maintained OLA Df Ihg Ineem& of Ihg charlty for the Jwe of pro￿dIN4 the extraordlnary Wr, Improvemènt or rabul1th￿ ollha homBs Bnd olherprDperty belongkng to Iheth8rity. ThpTTu&lees have docldsd Ihal th8 on Ihlo fund 18 lo be held st Spproxrrn￿6W £1,OW,ODO. An anryJ4 tron$fvr18 madg19 th18 fund from Ihg aCcuM￿ated Income fvjnd Iflhe Trustee9 ¢onslder11 noce8SW. The ￿￿￿Pment Fun(1 iaw888nts oMo￿t8 s81 aBld8 fty lulura a1rn8houÈ8 developmen1& Tran$f8rn to Ihls fund pre mad8 at the d18u8iion ol (ho TNGlae8. Th@ R881rlGted Grant Irwe Fund r￿p[e￿nIS monle¥ rerydved frwn Ihg Hom95 ancl COMMU￿119& Agen towwd8 Ihe bUlk1K￿ eo6t8 of the new elm$hov5g5 al Hunl8mans Cotta9e 8nd th& ronov8tion ol the alm8houses at Harrfelsham and Sl Fallh'8 Str861. ThB ho5 undertakbn lo Gonllnu8lly Wkle 59T￿l¢e$ In a(wdgncè ¥￿th (h8 s￿Ndard& ol Wm8hou$8 Managgmenl and lh8 gran1$ s￿ repayabl8 If Ihe wnthllons 8re not mèt The rnov8ment In lh6 perlrKI roffèds tho d?precPallon on houdng propwtles lo wrlle Dft Ihe orant over tho lil8 otlhe compc**nts ol th8 propÉrtl88 lo whlch1kn6 gr8nt8 r818to. Tho Permananl Endowrnenl Fund Is held on trusl to be retalned for the b6nèfil ol Ihg charlty as a cgplt81 fuThJ, Tho amuel Iron8fer Into th8 Petrnanenl Endwnent FLWKt 8mountlng to £S,Q83 (2024,. £8,083) h05 been ma(1• In accord8nc8 wlh ? Recoupment Ord¢r. a8 desf¥ibad th Ihe pold￿. RELATED PARTY DISCLOSURES 19. There w¢ro ￿ ts￿led pwly trAn￿lkin? lor th* Year8nd￿ 31 D8LpmbgT2025. 20. CONTINGENT ASSET Ehjrknu Ihe Y￿ etthd 31 D8c8mber 2023. £112,802 olVAf wa8 Incorreclty chwged to the th8rlty by a con8hudon comp8ny that has sub8equenUy gone Inlo admin181ratlon. Tha company ￿p￿led the Iwrrecl VAT fate to thg Invd¢e8 185u6d to th8 charity. chaffty r8¢9lvBd a parllal ￿[Und 01 £26.605 F*)sl yeAr ond. Is Indudad In awued Ir￿Qme wglhin Ihe88 Ihandal slat¢m8nts. The charfty's ad￿59r8 ha￿ Indltrdl8d thal11 1$ mor• Ilk8ty Ih8n not (but mtvktuelly certaln) that furfhef tund5 will bo le￿IVed by the chaty In re8p6ctoflhl$. The esUrn&e oftho recoverntde VATIS £40k. Page 24 THE CUTBUSH & CORRALL CHARITY Dotslled StaterneD¢ ot Flnan¢lal Actlvltl•8 for Yoir End•d 31 D808mbgr2026 21Y26 2024 INCOME AND EMDOWMENT8 Donatlons And lèga¢lés C￿nationS 140 lrtvggtment In¢omg Inveglment Incom8 Dep0511 acctyjrt lTrler86t 13Bm5 123.764 142,482 129,622 Charllable a¢tlvl(l•$ Houskng A¢￿￿11e5 ReBldent8' Room Hlre 1.037,888 660 492 962,9&7 2,712 147 1,038,83Y ,840 Ofh•r Income Olh6r Insomg 81 801 TotBI Incomlng re80ur¢•* 1,181,400 1,096,109 EXPENDITURE INV￿lMentm8nay8￿BrIt Pcrfollo man8g8m8nt 16,279 7,941 horft4bl• Actlvlti Wages ChriBlma8 bounll881o Indlvklual8 Waier. Ilght, and knGuraNo Rgle8 r8. 8mpty propert101 G8rdgnlng Propety rgpalr8 8nrl mdnténanc8 Sundrteg Re6idents' trlps 8￿j &)tMI Profe8$lon81 fo8s Chrlsltlla5 patly T8lephone ior runnlng 8xpoMe Tea Party thpreclalion olAhnshou&88 Losa on 881e of langlLlo fixod asaots 234811 7.600 89,720 4,604 34,407 186.S06 13,948 3,344 28￿9 6,171 6,336 D,408 219,320 7,250 66,1CKI 1,778 37,555 162,763 8,422 5,3e2 6,882 6.801 1775 7,762 4,415 131.789 13B,90S 773,169 fj58,474 Support w•ts Managemgnt Wag68 C8riled fC￿Krd 81364 88.364 63,102 83.102 Th1$ pago n&1 &)rffi part olthe statutory nnandal $￿tsments P49 25 THE CUYBVSH & CQRRALL CHARITY Dgtall•d Slltèm&nl of FInB￿lI1 A¢lfvltles for thè Yo4r Ended 31 De¢omber2026 2026 2024 Managam9nt Brought lo￿ard W8ter, IFahl, heat #nd1fi8ur8r Talgphone Sundrles Repalr$ 4nd Improvern8nt5 Profe¥8lonal fee8 $IAff Compuler expenBe& ￿￿k chBroo8 Ac¢ounllng Fieehold propgrty DBpredglh)n ol ¢omputei ewlpmenl 86,364 1874 6,938 IlJ.796 O,M7 8,062 8.182 6I66 1,697 4,296 2,037 &3.102 5.B29 3,973 7,113 6,438 5,838 2.398 5,828 1,971 1768 141879 128,577 Govern•nc8 COBts Audltors, remuneralbn ALrdllor8' remunerauon for non audrtw Trustee Inclernnlty Insurance 9,BOO 10,000 960 578 To￿1 iesour(w exppnded 941876 Ngt Incom& l)olore galng 8nd 109808 239,622 289,679 Inv88tment and106te Reell$ed g$insiib5sesl on h'xgd 088¢t Inve8lment4 Unr8allsed g?Insl(Los4881 on hxed ￿881 investmènts 116,8611 8,278 t Inc(*n Th1$ pagq due¥ not lorm pam ofthe stalulory $t818menl8 P8gÈ 28 Itlj'l;.,. *•j.•& K"••. 7J 5£ J E rL￿ V ID El £Lty (D fJ5 o< r& n QO 212 4F oj v E w ol 0 ffj 7J o u o £ 13 O £ IV cr u 1111111 1111111 J o ID CL > ¥E= rD CL o rn r) w ID o) ID rD n£L4 (D T5 o ID L£S x w fn 00￿ ai o o) ai ui ￿ Lri f Lrj c Ln ry) ¢5> ¢D Cq o) Z C u (n tr I CG L> >*DnfnJJo4- TJ c c rtD7J Cn (D O u) o Cn ¢D ¢D ooor ooo o o w co N) 17) t7J Cn ¢7) 17) ¢D N) ) (J) o co ¢0 a)" o ￿ ts) N) co cn (s) 0 (y)