Chartty Reqistratlon No. 218931 Regi$tof•d Soclal Houslng Provlder No. AO811 ANNUAL REPORT AND ACCOUNTS FOR THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM FOR THE YEAR ENDED 31 MARCH 2026 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM CONTEKrs Pag• Govemors. Rewt 1nir0d￿tOry sentences Refer¢nee and adminislr8tlve detslL8 Objectives and publ￿ benefft Gov8manc¥ 8nd oryanisalion PrineApal xtiv*ty Athevemnts Future plans Flnanaal revi6W 10 statement of Govemots. re$pons*iililies 13 Indeppndenl Audliorf6 Roport 14 statement of ComNehensfv¢ Incomé 11ndl￿Ing Income and EXp￿ditUre kcount) 18 Balance Sheet 19 Stalemont of Changes in RgseNe$ 20 Cash Ftow Statement 21 Noles lo Accounts THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM GOVERNORS REPORT FOR THE YEAR END 31 MARCH 2026 Thg Govemors presenl Iheir rwrt and accounts the year ended 31 Mareh 2026. Following the appoinlmant of now auditors. St John & Sl Anne's financlal statements h8v¢ baèn prepared underthe Statèment ol Recornrnended Practice for Accounting by Reg18teFed Socipl Housing Providers IHou8ing SORP 2018}. This ￿fleets SJSA'S status as a ￿gIStered pwdgr of social housing and ÈnsurÈs that the accounts are e5Enled in line with the Httusirtg SORP, FRS 102 and the AGcounling Threcilon for Private Registerèd Providers Of Soeial Housing 2022 {'the Direction'l. R•f•r•nc• and admlnlstratlve dètail¥ Working title St John & Sl Anne ISJSA) Charfty numbor 218931 Reyislered Sodal Housing Provider No A(K11 Prfncljal address Mill House South Street Oakham Rull8nd LE15 SHY Governlng instruments Royal Charter dated 3 May 1597 as amer¢ded 2 ￿lY 1976 Supplemental Charter dated 21 January 1998 as amended 27 February 2003 and 9 February 2011 Prfn¢ipal advlsors Auditors TC Group The Courtyard Shor8ham Road Upper Beedin9 Steyning Wesl Sussex BN44 3TN Bankers Bardays Bank PLC 10 High Street Oakham LE15 SAN Soliatofs PO Box 3501 Bristol BS22FL Invgslrnenl Managers Evetyn Partners Inveslmenl Management 14th Fk)or 103 Colmore Row Bim)ingharn 833AG Accounlanls Wllson Parthers lunltl 26 March 20261 'ng$ Centrè Oakham LE15 7WD Riv¢rView Porifollo Lld (from 11 M*¢h 20261 1 Market Hill Calne SN11 OBT THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM GOVERNORS REPORT FOR THE YEAR END 31 MARCH 20Z6 Farmland •dvisors Shauler & Son County Chambers s Road Mellon Mowbray LE13 1( Murray Estsl& Ag•nts Market Street O$kham Sheldon. Bosley. Knight 2 Grar¥Je Cottagtr sl0￿ht0n Gr8ng8 Gartreo Road Leicest LE2 2F8 Govemors Chair Mr G Thompson (fr￿ 1 August 2024 to date} Ex.Offtcio The Bishop of PeteEknrough The Dean of Pelerburough The Patron The Re¢torof Ruuand Water Beneffice Rw P Colllns (appointed 1( December 2029- H￿se Comrnitt•& IM4mber) The Rector oluppingham The Vicar ofoakham Ex4)fficao appointe•s on behalfof.. The Patron, Drs Fumass Mr D Cook on behaw of thè Blshop of PeterboTough - Chair. F¢nance CommiWee {Membèrl MrG Thompson on beh•lfofth• Dean of Pdethrough (until the 18th December20251 hlrH Riddl•$deEI on beh3Wof th8 Dean of Petetb¢rough (from the 18th M8r¢h 2026) - Property Committeè {Member). H￿88 Commiitee (Member) Rev S Allèy on behalf of the Vicar of 08kham (resigned 20th Jun¥ 20251 Pelerborough Dwxesan of Mr G Thompson (from 18 D￿n*>8[ 20251- Chalr of thfy Board of Fin8nca appointees: Govem¢ys. Prwerty Committee (M¢mberl. House Commiilee (m￿n￿r). Finance & Genor81-Purpose Committeg (Member) Mrs S Ch•Y8rton Ifrryn 18th June 2025) - House Commiitee (Memter) Mrs J MoylMw (resigned 30th October 20251 Mr V Harvey House Committee {Chairl, Proporty Committee {MembeTI Co-opted.. Mr A Park*r (appointed 20th June 20251 Property Cornmitie¢ {MemW. House Conwnittee (Member). Fknanca & Genera￿pUrpOse Commiltee (Membeil Mrs P Woolnough (resigned 181h October 20251 Dr K Gr•enwood {rèsign8d 201h June 2025) Mr D Johnson - VKe Chair. Property Comrnitlee (Chair), F￿an￿9 & General.Purpose commit￿ {Mwnber) Mr M Relhlll- Property Committee {Membwl Mrs R Gilbert- Hous& Committee (Member) Mrs C Davle8- Finance & GenerakPurpose Committeè (Chair) THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM GOVERNORS REPORT FOR THE YEAR END 31 MARCH 2026 Officer¥ Doreen WoDth*ard Ca¥ey Saunder5 Wendy Legard JIN Spenc zrta Allen Jonathan Goode Angle Gwbb CEO Property Eslales Managor Executive Assistant Housekeeper Office Manager Property Manager Resident Adwsor VISION.. Evory residenl * SJSA Ihfivg$, le¢l$ safe ¥nd sYPPQrted. MISSION: To be one Dlthe best Alrnshouses Providers in the c￿￿ntry. To enhance the wality oflife ol ow residènts by pro¥iding good quality. wall-maintain8d home$ wher& Ihey can 1¥8d independent Iwes in a earsng community setting. VALUES: Respe¢t & dignity- we believe everyone deseNe5 to be ￿ated with respect and dignily and th[5 informs 1he way we work. KSndness & compasslon - we approach all situaitons with human kindness aThJ a friendw. enlhusiasli¢ willingne$$ t¢) help and support. Openness & transparency- we are open, transparent, and honest in ow dealiThJs wth Qui resident5. 5tsff. familie5. and the cummunlty. Accountabillty- we lake ownership tsour arlions with a wdlingness to chang8 where that is the right thing to do. OBJECTIVES Based on the tems of the original I￿er￿e lor the fouftdation of tho Hospital dated 21 May 1399 and th• Royal Chartèr gr8nt8d by aueen E112ab8th l in 1597 (and omended in 1976) Ihe Chartty's purposè Is to provid8 ac¢ornmorJalion For alrnsp80ple who shall be poor persons resident al the time of appowth?nt in the Oi3tF of Rulland or elsewhere in England. The Govemors review annually the strategir elements vthich they con8ider appropriate for pursuing Ihe above ¢harit8ble purpose,. during the y&or under ￿￿ew, they re-confirmed a slralegy surnmarised as folow$.- 1. We are a Ruuand Charity. 2. Our aim is to prowd8 good quality and welknaintained 8c¢ommodation, 8nd 2n ènvironment 8uilable for ired people cannot afford thelr own hom&, lo lead independ8nt Ilves lof as long as possible. 3. We value community and conlknuity for our residents and for ourselves. 4. Wo woth ￿1h others who share our objeclives. S. We look 10 the long-temi heath of Ihe Charily. 6. Our priority Iheme for 2025126 is fo continue to improve ts suilabllity of our properties. PUBUC BENEFIT The Govemors have due regard to Ihe Charity Commission'5 guidan￿ on put4ic benefit. They ￿lIeVe that SJSA provSdes a public benefit by th& provlwn wsthin Ihe County of a¢¢cwmodatton for oklar paopla of limitad m88ns. which enables Ihern lo be able to live independenlty. STRUCTURE. GOVERNANCE AND MANAGEPaENT The Hosptlal of SJSA is a body corporal• Iby Mrtue oflhe 1597 Royal Charter) with a Goveming Body and staff. THE HosprrAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM GOVERNORS REPORT FOR THE YEAR END 31 MARCH 2026 The Governing Body is made up of 15 member8 - the Palron (DR Sarah Fumess) being the appointee of the descendant ol Archdèacon Johnson. the ￿tIl￿er for Iho 1597 Royal Charter. who has asked the SJSA to selecl her appoinlee): five ex.offiuo Gov8mc*rs Ibeing persons holdlng specffi¢ offices in Ihe Diocese ol Peterborough arKI in certain Ruiland parishes),. Ihcee GoverTr)rs appointéd by the Pelerborough txocesan Board of Finance; and fiv& ¢tsopted Governors. In 2011 prowsi¢mwas made by Supplemenlal Ch¥rterfQranyex-offic￿ Gov8morswlKS sowish to appo5nt, subsect to Govemlng Body agreement, an appropriate person lo rep￿Sent him or her al ffleetlngs oflh• Goveming Body,. currèntly fourex-officio G0￿m￿[S are rèpresented by swh an appointment, wtth ava¢8ncy forthe Vlcar of Oakh¥m POBqion. The Governbng Body meeis four Uffles a year.. In additi￿, Ihere are four cDrnrniilees (House. Propevty. Finance & Genetal Purposos, Remuneration). Also. fr%)m lim•-tO-time ad IK)c worknno groltps a￿ fomied lo addre￿ 8pedfic topks. The G0￿MIng Body is conscious of the need to mainlain. as far as possrbt¢. a rnatri% of skills 8nd lrfe expèrfènce CoM￿ned￿t￿CLIntin￿ItyofappoIn1Ment. Tolhks end GovemcKsapprovefromtimo-tO-time arrangemenls forpeMn$ who are willing to become full governors vrt￿n a vacancy arises to attend and part￿Apate on a non•vobng basis as 'govèmors-in-waiVng'. Thls is an important aspect of the induction process ar￿ énsu￿$ an understarKtiThJ of Ihe &JSA 1$ acquired before be¢oming a lull govemor. SJSA'S indudion procedures eDsure that prospodive govemors #rè made aware of the rBsponsiMities ol ￿ng a govemor. SJSA uses local media, such as Ruuand Lmng ma9aiine. l¢xal radto stslions. soci81 media platrom)s and parish new51etters.as wpll as Iccal knowledge in recruthng prospe¢liv• 90￿mor5 from th¢ R(dland Community. The Chief ExeculNe OffKer. Doreen Woothvard is respon$thl• for the day-t¢>day rnanagernent of SJSA and ttbgfe are six other m8mbers of staff employed to unfjertake finan￿. proparty. support. and hou$èkee￿n9 ￿F￿tIonS. To all thè staff. we exwess OursinGe￿ Ihank$ as K isthiough Iheir dedication and commitmgnt thatwe arè able lo carry out the good and posthivewowk for our residents. Staff are appointed followirvj 51andard industy procedures offorrnat app1ieaUc￿, intèrvi8w, background ¢hÉcks such as referen¢&s. qualtfieAfions and enhanced disdogjre and b8thng thec*. SJSA is commÉtted to ensuring that all staff and go¥emors arè equipped wlth the kn¢)wledge ond skills necessary to fulfil their toles effectivety and In aCe￿ance with re9￿￿tOry and best practice slandards. During the year, slaff received training In key areas IndudiNJ safeguarding of vulnerable adults. heallh and safety, wmptainl halxlling. fire safety and data protecllon. Trainir4J wa5 dellv8red through a ¢ombinalion of in-persort sessions, online modules, and axtemal prO￿derS, ensuring accessibility and relevance. SJSA continues lo review ar￿ adapt 118 Iralnir programme to reffect rJ)anges in leglslation and the gvolthg ne￿S of ils residents and community. SJSA a150 invesled in a dedicatÈd 808Td Stfdlègy Day durTrng Ihe year. bmging logether govemors and senior stsff to consider the organlsathm's lo￿￿tem7 strategic pr[Orit￿, Èmerging risks. regulalory developments, and fulure opportunrfies. The event pthided an opportunity lo strengthen govematwE effectNeness, revi￿ progress against 8tr8teglc obied1￿, and ensure a shared understanding of the challenges and s)PPOrtunilie$ faclng SJSK This investfflenl refleds SJSA'S commitment lo conlinuous Improvement. effe¢tivè leaderfJ)ip. and maintsitmng a S￿lIad 8ftd informed Board ￿Pabl* of providing stron9 overslghl and straleytcdiredion.. The Govamors apwove remuneralion levels desigrt•d lo enable SJSA to and rÈlain the skiw staff needed to manage. support, and deliver its aims. SJSA has a policy of paying at least the Real Living W8g8. Rernuneralion Is adjusted annualty in line with CPI fates in the January of that year. SJSA has outsourc¢d certain s•Nices. a$ frI￿oW$. Investment Management- Evelyn Partners Inv•stmenl ManagemenL Payroll S9Nices IAcLounting SeNlces- Wlson Partners. Accountants (unlll 28 March 2028) Pwoll Ser¥ires- Carolè Key 8u¥inèss Servicès (from Morch 2026) A¢countirvJ Servsces- RfvgfVM¥ Portfolio A¢¢ountanls (from March 20261 HR Support- HR Oept Heamh & Safety Athsor- Integral Solu1￿￿5 Lld IT Servlces- Rutland Comwrters THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM GOVERNORS REPORT FOR THE YEAR END 31 MARCH 2026 PRINCIPAL ACTMTY. BENEFICIARIES & OCCUPANCY SJSA provides almshouse accommodation and grounds al ￿ sites in Oakham (South Stréèt and SIAnne's Closel and one ift Uppingham (Johnson Road). It s•oks lo maintain the A¢o)mnk)dation and ils grounds in a good state of repair. It provides houslThJ support services lo older people norrnally ol slate ret1￿ment ag8 WI￿ arè Èxperfencing diffieullie5 Wlth finandal. houslng. or sgcial needs and vkno can li￿ in indèpèndent acc4)mmtxl8tion. As at tho end of finan(?￿ year the￿ were 114 beneffiejaries occupyi￿ 102 properties, wlh one kyoperty femaining void at the ￿nA￿la1 year end. Currently the youngesl beneknry is 81 years of ag¢. whll$l the gldesl is 99 ye¥s ofage. icatitsn$ R ear Dumg tho year a lolal of 26 applications wer¢ re￿IVed In 2025-26137 ￿ 2024-251. The subject of Ihe 4)plications OC8ssed ￿ ba further brcken dt)wn as foNcw5'. &n918 applicants 26 Couple5 Ofthe 26 appI￿nI6- 10 applicarrts failing to meet basic eligibility ￿teria, lage, above fina￿￿ ellglbilrfy ulteria, unable to live independenllyl. 4 wilhdrew their appjlcalon. SJSA was ablè to offer homes to 13 indi￿dualS duriny tho pasl year. which induded appjicants on the w811ing list. We also added 4 new applunls lo Ihè wailtng list in 2026. The ieasons kn any beFbgfi¢Bry seeking aco)mmodation ¢an be ￿MPleX and varÉed, bul the pthmary reason given in eath ofthe applkation$ ¢an be broken down as follows.. Sooal É5olalvy Inappropriate housing to meet theif fteeds Risk of homelessness Wanting to bè near frdmily Escaping DomesticAbus Finanaal hardship SJSA reassesses the needs of all outstanding applicalk)ns as and when any vacsncy aiises" the fact of ￿Ing on the walling list does rtol irt t1s91f amounl to a promi58 of a future apwjinlment, li 18 the pernon ￿ MOBI need at the Ihn8 of thè availablè #t￿modatIon. SJSA will use available void peiiod¥ lo ￿dertake any slgnificant refurbishmènt and upgradè work necessary lo improve the qualty of the FYVPert*s. The (￿Up¥n￿ lovol target. as slated in Ihe 2024125 opwation81 objectives {and thus that used as the b8$is of the 2025r26 budgell remains at 95%. The actual Qccw)￿cyrnle lorlhe 2025f26financialyearwas 98% wwe exceeded Ihis iarget. Tho avera99 fp•lel bme for a vacant property across th8 full yearwas 89 days12024-25= 54 days}.. this wa5 a high8r figure due to major refttrbi$hmenls required and som& shorfag$8 In ¢ontra¢lor availability. The numberol ie-lets as a percentagé of stock across the year Is 13% (2024125.. 8.7 %}. THE HOSPtfAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM GOVERNORS REPORT FOR THE YEAR END 31 MARCH 2026 PRINCIPALACTlVtrY- ALMSHOUSE PROPERTIES The portk>lKI consists of 103 a1￿hOuse E￿pertIeS 88 lollows.. South Street 42 properlies Wlliam tX4lby House David Royce House 12flals 23 flats 7 bungalows Sl Anne's C1050 28 propeities Uppkngham 33 propertie Bonner House Taylor House Johnson Ro*J 12flats 12fl81$ 9 bungalows In addition to the alm¥lbJuse accornmc4Jathon. SJSA also malntains a heritag• asset, ? 14th c8ntury Chapel at St Anne's Close. ACHIEVEME?￿8 2025 has been a busy year in lem$ ol telets, 12 void properlies phjs 1 inlemal traftslèr so 13 voids in lolal, 8nd sadly we have had a hvJh number of I￿O.terni r&s¢dents passing away. This Is ￿ft￿d in benefiaary change5, both in respect of beneficiaiies moving w lo akemalwe aC￿mmodatiOn, and new benefia8Fies arriving. There h8$ been a high volume of applirAtKms. and a continued theme of applicants al risk gf knmelessne8$ or INing in poor ¢ondlttons ONJ Challenging ￿n￿￿nceS. Completing improvements wrfhin void periods conlinued lo be ¢hallenging as SJSA transitioned to soureAng and managing rfs ¢)wn conlracfor tgam follomng Ihe mov8 away Irom Nottingham Cornmunity Housng As80aa￿on in e¥rly 2025. While thi8 required signrftcant effort to rewit, onboard and ¢slablish new wothlng arrangements, the benefftsare now becorning tiwd¢nL By bringing oonlractor5eNices in-house, SJSA has improved ¢)VeNghtofwo￿$, incre8sed control oyer Standards, and $trèngthened the level of care and attgnlion gNen lo èach property. This has led lo irnprovod quality outcomes. helwng to ensufa Ihal homes ale presented lo a higher standard for incoming ie5idenls. SJSA continues lo maintain almost full ¢c¢upanw across rf8 houslng stock aThJ has an e$tablishad waiting h'sl, demon$tratlng Ongoi￿ demand lor ils a￿)mmOdation. SISA remains wdl p1S￿d in key resource areas, including property. staff, governors and finance. providing a $tron9 foundalir)n from which to meet ils current objÉcbv8s and luture thalleng•s. Operating wilh a mirmmum five-ye8r strategtc perspect￿e. SJSA ￿M8[￿S finarKxally and operationally r¥silienl and is suificiendy resourced to consider QPF. Th9 large ma￿rity of this value 1$ in assets which are IndèpèndenNy valued at Ihe yÈar-eThJ., for one category of investment- the farrnland- the Govemors, practice is lo obtain a professional vduation gvery three years,. as such fresh Valuati¢￿ was Obtain￿ in 2025, with Ihe next one due in 2028. ReseThes and Reserves Pollcy Il* year end the lolal funds held by SJSA were some £12.827,685. made up of.. Endowment lunds Restri(*ed fvnds unreSt￿ted designated lund$ UnTeslftded general funds 11.573,060 443.792 150,000 12.827.685 The Endoyvmenl F￿d8 are the permanent capllal of the SJSA. On Ihe asset side of the balanc8 sheet, they are r8prÈsentéd by.. Operalional properties held for the long terrn., Inveslmenls, the income from which is avallabte lo subgidlse operallng Costs, bul the capital value of which is nol expendable excepl w¢th the consenl of the Charity Commission. The Rgslrtcled lund$ are also not available f¢r expenditure. Foimally they reweseni a Recwpmenl Fund sei up in stages. firsuy when SJSA exp¢nd¢d eapitsl ILwards the ￿¥1 of the Soulh Street, Oakham. flats in 1976, and 8e¢ondty when copital was èxpended on the first development at Uppingham in 1980. In both cases. SJSA was required by Ihe Char¢tyCommisslon to selaside an annual sum tyf £602 ov¥r$￿ty ygars lo re¢oup this ￿pItal. When Ihat IBrrn 0xpl￿5, IhE rapital Df the recpuptnenl lund will be added to the Permanent Endowmenl Snvestments. y ¢ontrast. Unigstrided lunds ￿ available for expendilure at the discretion of the Governors in furtherance ol SJSA'$ ¢h8ritablÈ objectNes. Wlthin this category there are sub-categorles.. designated funds, where the Govemors have ewmarked resources for sp8cifK lulure purposes. end gen&ral furyjs. which h8v8 not been designated. At 31 March 2026. deslgnated tunds totslled £150,￿o{l02S'. £481,284}. compFTSing= Extra￿dinary Repairs Reserve.. £150.0001202S.' £382,304) CyclK*I Malnten￿ce ReseNe.' £nil (2025.. £98.980} li THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM GOVERNORS REPORT FOR THE YEAR END 31 MARCH 2026 The Extraordinary Repairs Reserve is maintained to support major property expenditUEe ¢)v•r a rolling fv&yeaF period. Thg r¢seNe enable$ SJSA to p￿￿ and undertake Significantca￿t8l and rgfvwbishmenf works m8naging eash flow reqvirements and reducing rellance on extemal borrowlng. The balarKe 01£150.000 held al the ytar-end Is consid￿￿ suffident, bui not frxcgssive. hawng iegard to the currenty idenlifiess suiplus 106,296 282,847 Administrative expenses Gainlllossl on dispo￿1 of fixed assets 1301,0151 127.6451 1316,99n {12.6141 12 Operating d•llclt 1222J641 146.7641 In¢ome frcrfn fixed asset Inv￿lments Intgre￿ receivable and similar in¢ome Interest Payats￿ and similar 0X￿nseS Gainl(tossl on inveslmenis 130.fjm 33.788 113,3701 381,Y22 137.891 39.812 (16,3261 94,878 13 Surplu8 lor the year 309.850 209,490 Theffj ar& no items of other comprBhen¥ive InC￿e fcx2026 or 202S other than the sw1￿$ for the year. The notes on page5 21 to 32 form part c*f these finaTh¢ial $tal•ment8. The accounts were approv8d by the Govemors on .. .. . 8Th1 Slqned on I￿11 beh8W by.. G Thomp$on Chalr C Davies Governor 18 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM BAL4NCE SHEEr FOR THE YEAR END 31 MARCH2026 2026 2025 Flxed #ss•ts Tangible assels Inwstm•nts 10 13 5.622.551 .617.B73 12,140,424 5.399.(X*3 ￿,1￿,550 11.534.613 Current asseis Debtors Investments Cash 81 bank arKI in hand 16 51.898 16.738 800.277 67,913 48,922 205.210 1.015,993 1,268,125 Credltors: ¥Athln on* yoar 160,444) 1122,9951 Net cur¥entass•ts 801A69 1.145.130 Total a5set5 le85 eurrnnt Ilabllitioa 12.941.893 12,679.743 Creditors: amounts falllng due aftèr moffe than one y•ar 17 11142081 1161,908} TOTAL NET ASSETS 12.827.685 12.517.835 REPRESENTED 8Y: Restrfcled reSe￿8S Endowrnenl reserves 20 22 443,792 11.573.060 472,341 10.877.571 Unreslrithd Teserves Dèsignated re5eNes 660,833 150,000 686,639 481,284 21 810.833 1,167.923 TOTAL RESERVES 12.827,68S 12.517.835 Thg accounls were approved by the Gov8mors on ....................... ¥nd are siyned on their beham by: Thompson Chair C Da￿eS Governor 19 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM STATEMENT OF CHANGES IN RESERVES FOR THE YEAR END 31 MARCH 2026 Unrestrlctod Duignatsd Restrictsd Endowment rnserv•$ r•s•p409 Tot41 At l Apdl 2024 Surplus for the ytrar At 31 March 2025 and l Aprfl 2025 Surplus for the year At 31 Ma￿h 2026 659,894 126,745 686,630 12S.806 660,833 481.284 478005 10,788.362 12.308.346 16,4641 89.209 209AgJ 472,341 10,877,571 12.517.835 128.$491 695.489 309,860 443.792 11,573,060 11827.685 481.284 1331.2841 Iso.000 20 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM STATEMENT OF CASH FLOWS FOR fHE YEAR END 31 MARCH 2026 2026 2025 Notes 24 Netcash provld•d by op¢ratifi9 actlvlues 166,0491 171.054 Cash flo¥M from Inv•$iing actlvltl•s Int¢rest r￿1vable Investment Incoffle Purth880 of other inveslmenls Pr￿￿ed5 on disposal ofother in}￿tments Othw invt$tment n￿Vernent Purchas8 of tangible fixed assets N&tea$h u$•d in inve$tlng actlvltSes 33.768 130.094 456.881) 521182 410 1428.8791 39.812 137.891 1813.706} 828,281 13 io (180.237) 1199.6061 12.041 Cash flows from financlng actIvI￿a5 Repayment ofbank ltsan$ Inte￿st paid Nèt cash used In Investlng actlvSties 18 (60.3921 113,3701 (16,7741 115,8761 IT3.7621 {32.6501 Chang¥ in ¢a8h •nd cash equlvalents in the yèar Cash and cash wulvalents at the b8glnnlng oftho 1339,4171 1,271.323 931,906 150,445 1.120.878 1.271,323 Cash 8nd cash Bqul¥alonts at the ènd of th• y•ar Anaty$ls of cash and cash $qulvalgnts Cash al bank and in hand Fix¢d term cash deposits Investment cash balances Total and cash equivalents 800.277 15,738 115,891 931.906 1.01S.993 205.210 50,120 1271,323 Analys18 of changts in ntt dobt BalaneÈ at 1 Aprfl Cash flows 202S Othèr non- cash movew*nts Balance at 31 Ma￿h 2026 Cash Loans due within one year Ltsans du6 after one yea 1,271,323 116,774) (161.￿8} 1.092.641 (339,417) 12,692 47,7CK) 1279,025) 931,906 {4,0821 1114,2081 813.616 21 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM NOTES TO THE ACCOUNTS FOR THE YEAR END 31 MARCH 2026 STATUTORY INFORMATION Thg Hosprtal of Sl John th• Evangelist and of Sl Anné in Okeham 1$ a R*gistsfod Charlty and RÈgistèrèd SO￿al Housin9 p￿￿der that primarity an endowed Almshouse Charity. ACCOUNTING POLICIES 2.1 Ba*ls of prgparBtlon Tho )Inanclal statements havg bwn prepared in 8ccord8ncew&th FRS 102 (The Finartual Reporting Slandard applicable in Ihe Unfted Kingdom and the Republic of Ireland), and Ihe Slatement of Recornm$nded Practice for Accounting by R?9ister&d Social HOu￿n9 Providars {SORP 20181 under the historical Cost cOn￿ntion and comply wllh Ihe knounling DI￿￿10n for Private RegisteW Providers of Sodal Housing 2022 1.thè Directionl. Thg accounts are prepared In $tethng. whKh 1$ the luncth?nal currency of SJSA. MOr￿lary arnounts In these ffinanryal 5taternents are rounded lo the nearest £. The signfficanl accounting J)oli¢les applied in th¢ proparatlon of these finandal statements ale set out b61￿. These ￿lICIeS have been consislenuy applied lo all years presented unless othe￿iSe staled. SJSA meg1$ the definilion of a publ￿ benefit entity undpr FRSIO2. 2.2 Going conctrn At thè timè ofapproving the a(tounts. the GoveFnor8 havg a ieasonable expe¢tatitsn that SJSA has adequate rosources to CLJnlinue in 0￿ratIonal exislen¢e for the foreseeable futu￿. Thus Ihe Govemots continue to adopt thè uoin*concem basis of ¥ceotsnlrKJ In preparirvJ th? aG¢ovnts. 2.3 Income All Sncoming rèaourcès are indtJded in the statement offinancial o¢tivWèswhen SJSA is enlitw tolhe income and Ihg amount can be quantified reason¥blB arGuracy. The follthying pofiaes are applied lo P8rlicular categofies of incorne.. All rasidents, weekly mainl6nance contribution$ ore recogntsed w￿n duè aThJ inveslmenl is recognise(I when receivable. Income from Investmants i8 knC￿ded in year inwhich li is receivable. 2A Exponditure Expenditur• Is recognised whon • leg41 or c(msiwctsve obligat￿n has fallen d￿. All expendibjre is ac¢(wnted for on an a¢eA￿lS basis. All expenws incbjding govemance ￿lS ar• allocated or apportioned lo the applicable eyndlture heafiws. Irre¢overabte VAT is tharged as 8 ¢ost ag￿n$t the aetiwty for which the expenditu￿ was incutred. 22 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM NOTES TO THE ACCOUNTS FOR THE YEAR END 31 MARCH 2026 ACCOUNMNG POLICIES Icontlnue¢Sl 2.$ Tat7gible flxed assets and deprfjclallon Tangibla ￿ed assèts arè initialty measured at ￿$t and subsequenly mèasured al cDsl or valuat￿n, net of depre¢iation and any impalmient losses. Fmhold land •nd housln9 properde$ Freehold land is not depreeialed. DepredaNon Is thar9ed $0 88 to write down the cost of freehold hou$ing propertlès to thek èstimaled ie$Klual v8lue on a 5fraight-line basls over Ihetr e$lim31e(l useful eclmomic kves at the followiroj amual rales.. Main labric of bJSldlngs Ovgr 100 years Roof Over 70 years Windows and extemal doors Over 30 years Gas boilers Over 15 years Fire alann$ and lifglinB equipment Over 20 year5 Bathroom$ Over 20 years Mgehani¢al Instsllats¢n Over 30 years Eleatri¢al installations Over 40 years Over 20 yea Over 20 years Over 30 yÈ8rs Over 30 years Over 15 years Kitchens Buggy Store Access ramp51sleps Wglrooms The gain orloss arising on th8 disposal of 8n888el is deterrnined as the ditrerence be￿een the sale proceeds and th¢ carryiThJ value of the asset and is rec￿gniSed in the statement of financi81 adivities forthe year. Fumlshlngs and equlpm•nt Fumishings and equipment are slated al CA)St less accumulated deprecAaiion. D8prtciatitsn is provided towrite off the cost of as5els overtheir expecled 8conomie useful lives on a 51raighl-line basis of either IOQA or 250A. S￿￿41 Housing Grant Where developments have been financed whdly or partly by Social Housing Giant (SHGI, thè amounts of the grants received are recognised as incoming r&sour¢e$ u$lng Ihe performance model. On Ihe sale ol a property. or if another felevant evenl tskes place, SHG rnay become repayabla. 8lth¢)u9h it Is normally available lo be recycled Bnd used for a new Social Housing project approved by the Homes & CDmmunilie$ Agency. The cumulative amount of Social Housin9 Gc¥nl rteal￿d al 31 M8rch 2026 was £3.086.870 (31 Marckn 2025.. £3.086.870). 2.6 Inv•stment propgrtiw Investmenl property. which ts property hekl to eam rentals andloT for capitsl appreciation, FS measured using th? f81r valu? model and slated at ils fair value at the reportlng end dal¥. The surplus or dthl on revaluation 1$ recognised nel incomintyloulgolngi resources fcff lh8 year. 2.7 Impolrmentof fixed asBets At each reporting end daio. the G0￿MorS review the carryirwj amounts of its langible and Inlanglble assets to detemiine whether there is any h)dirAtiDn Ihal those assets have SUffe￿d an Impaimient lo$s. If any such indlcation exists. tlye re¢overdble arnount ol the asset is estimafed Sn ord$r to ¢Jetormine the extent ol Ihe impairment Ioss. Recoverable amount Is the higher of fair valu• lèss costs to stll and value in use. In assessing value lrt LlSe. th8 estimated fubJr• cash flows are dis¢ounled lo their presenlvalue usrng a pre-tax discounlrale that relects c#Jrrent market assessments of the time value ol money and thè risks spécific to thè a$sÈts for which e3limale$ of fulure cash flows have not been adjusted. 23 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM NOTES TO THE ACCOUNTS FOR THE YEAR END 31 MARCH2026 ACCOUNTIKG POLICIES Icontiftuedl 2.8 Impalrnient of fix¢d &ss•ts Icontinuedl 11 thè rècoverable amount of an asset is esl¥nated to b? le5S than its carryirtg amount, the ca￿￿n9 of Ihe asset Is r•duced lo its f¢¢overable amwnt. An impairmeni loss 1$ re¢ognis8d Immedialety Incomel(experKlilurel lor the year, unles5 Ihp relEvant asset Ss carried at a revalued amowrt, in wh￿h case thè impalmient loss is trgated as 8 revaluation da¢re¥so. Recognised imp8im)ènl loss&s are rwersed if, and only if. the reasons forthe impairrr￿nI kjss have ceased to apply. Where an Fmpairnienl Ioss subsequently reverses, Ihe cartwng amount of the asset is increased lo th& revised estimate of ils recoverable amcunl. Imrt $0 that the irKreasad carying amount does nol exceed the ¢arrylng amount that would have beèn detemiined had nD imp8imient loss been re¢ognis8d for the a35et in prtor years. A reversal of an impairment Ioss is r8¢ognSsed Immediately, unless the rejevanl #ssel l$carried in ala revalued amounL In whl¢h case the revtJsal of the Impairrnentl￿￿51str94Ied as a revaluation inuoase. 2.9 Investments Invesknenls are reeognlsed Inltlalty al fatr value which Is nornialty the Irdnsactlon prfce exGluding transactlon Costs. Subsequentty. Ihey are measured at fatr Val￿ wrfh change$ re¢ognised in 'net gain5111055esl ( inveslments. in the Slalement ol Financial kbvittes if the shares ar• publtdy traded or thpir far value c olh$rwlse be measured relÉabty. Other investrAents arè M8asU￿d al cost less impairment. 2.10 Ac¢urNlaled fund¥ Unre51ri¢t¢d inwme funds are lunds available for uge 8lthe discreb'on ofthe Govgmor$ In frjrthefa￿ ofthe general objectives of SJSA and which have nol been designated for other purposes. Oesignated funds are funds set asidè by th& Govemors out of unrestrfct8d InL¥Jme funds lor spedk fr￿le purposes or projects. Th& fixed assets fund reprèsents the netbook valuè of resources invested in tsngiblè fixed assttts for use by SJSA in dplN8ring Its Se￿￿8$, prim8rtly Sn relation lo its Pr￿rtY estate. Pemanent endvwmenl funds ￿p￿sent the eapitsl of SJSA and are invesled In operalional promès O. Imshouw re￿denha] prttpÈrttasI. farmland, listed inve$lments and cash. Thls capitsl is not expendab￿. but tho Income generated f¢pffjswts unrestiicted irwm•. SJSA has a number of ieslri¢t¢d income fvnds b account for a ￿tuatIon where a donor requirès that th& funds mu51 be 5pènl on a partw1¥ purpose orwhere funds have been rolsed lora specific purpose. 2.11 D*btors Trade and other debtors ar8 recwni5ed al th¢ *￿ement amount du&. 2.12 Catsh at bank and In hand Cash and cash equivalenls include ¢ash iÈ7 hand. deposts held 01 call wth banks. t)Ih8r short-teTm liquid Invgslments with 0ri9inal maturllies of three mDnlh$ or less. bank ovèrdrafts and cash held a$ fixed 8sset invoslments. Bank oveTdraft$ are shmt wlthin bDffwngs in cwrenl li8bllitse$. 2.13 Crnditorn and provi#lons Creditors and provisions are rewnl$ed where SJSA has a rffesent obligation resullln9 from a p951 event that will probably result in Ihe transfèr of funds lo a third party the amount dEte lo settlè the obfigabon ¢8n bè measured Gr estimatèd reli￿ly. 2.14 Employee ￿nefits The cost of any ￿n￿¢d h)IhJay entilfemwl Is racognis•d in Ihe period in whlch the employeas, semcas *e recerved. Tamination benerrts are recognised immedi21aty as an expense when SJSA is d•mnstr¥bly commilted to terminala the employment of an ¢m￿Oyee or to provld• lemination benefits. 24 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM NOTES TO THE Accouvrs FOR THE YEAR END 31 MARCH 2026 ACCOUNTING POLICIES Icontinuodl 2.15 Value added tax SJSA is unablè to raclalm any Value Addèd Tay (VAT) il incurs on ils expenditure. This irrecoverable tax Is ¢0St lo SJSA arhy consequently all figures wlthln these fina￿* stalernenls are stated inclu51vo of any VAT incurred (unless slated oth8rnisel. 2.16 Leaslng and hlre purchase ¢ommlkn•nts R8ntals applica￿0 to opar8ting leases Whe￿ subslant181ty all of the ben8fil$ and ri5k8 of ownership remaln wilh the lessor are charged against I￿)me on a slraighl-lino basis ovfyr the perio¢J of tho lease. 2.17 Major repalr GO8ts SJSA capit81ises èxpenditure on housing propertieswhich results in an enhancement of the eC￿nomiC bwnefit of the assel such as an increase in the nèt rertlal SI￿aM over the ille of the property, An increase in the nel nlal stream may arise through an increase in nel rent41 inwme, ¥ t¢ducbon sn luluio tnainlenan¢¥ costs, or slgnikant extension of the useful life of th* property. Expendilure on works which does meet this crfteria is wrTrtten off to the Stalement of Finanual Actiwlies in the year in whl¢h li is I￿Vrred. Thi$ i￿ludeS expenditure incurred to ensure that the property can maintain ils existhng level ol net rental income or the standard of performance ant￿pated when Iho property was first acquired or conslru¢ted. 2.11 Crltlcal accountlng esllmat•g and ludgem¢nts In the application of SJSA'S accounting poI￿leS, Govemors arè rèquired to rn8kè judgemenlg. eslimales and assumpl(ons 8boul the (arrying arnounl of assets and liabilities that are not readi￿ apparent from other sources. The estimales and assocTrated assumptions are based on historical expe￿enCe and other factors that a￿ nnected with Iheml received any rnmunwdlron from SJSA during the current or prior year. None ol tho GovefTrJrs were r8imbursed •xpons8s thjring the year {2025.' £nil). g. STAFF COSTS AND GOVERNOR TRANSACTIONS The aggregate payroll Costs for Ihe year were as follows: 2026 2025 Wages and salaiies Social security costs Pension ¢osls 295.WJ 28.657 17.979 341.88S 258.196 22.264 13.619 294.079 The averaga monthty number of employees during the year was 7 (2W25'. n. Slaff earning In ex￿$$ 01£60,000 per annum was 1, in the brathet of£70,000- £80.000 (2025.. 11. SJSA considers its key mana9Èment personnel to ¢Otnprise the Chief Execulive Officai. The total employment beneffts induding employers national insurance and pension eontrIbu￿0ns of the key management personnel were £89.078 Q025 - £85,937). 10. TANGIBLE FIXED ASSErs Land & Flxtures. fittsngs building$ & equipment Totsl Cost At 1 April 2025 Additions Disposal At 31 March 2026 8.118,232 427,582 96.702 &S,273 1.297 8,184505 428.879 8 516 682 D*preeloti0 At 1 April 2025 Charge for the year Elimit)ated on disposal At 31 Mar¢h 2026 2,725,187 175.472 60.255 2,033 2.785.442 177,505 2 831.843 131 Net book valu• At 31 Ma￿h 2026 5 617 269 J5 622 551 Al 31 2025 S.393.045 5.399 063 All oflhe land and bulhJlng$ a￿et dksclosed aLx)v& 1$ calo9Df4$ed as'HoU￿ng pr0p8rt18gforlèlli￿. in Ihecurrenl and prior year. 27 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM NOTES TO THE Accoufrirs FOR THE YEAR END 31 MARCH2026 1Q TANG18LE FIXED ASSEfs l¢ontiMed) Major expendiiure on housing propertie5 (exdudlng planned day-ttrdoy mainienan¢e comprfse Ihe fo11th￿n9}. Totsl Toial 2026 2025 Cost eAphalised in r8$p8el of replacement and upgrades of rnponents rèLqltng to eM6ting properties Cost chaffjed to income and expenditu￿ acmunl In respe¢l of rnajor r¢pairs 427.582 179,169 197.391 624 973 107,024 11. ACCOMODATION OWIIED, AIAt4AGeoAND IN DEVELOPMEKr Numberof unlt8 at start date 1 Aprll 2026 Number of unlts at •nd dats 31 m?￿h 2026 Soclal housing Hausin9 lorokler people Total owned and managed 103 103 103 103 12. SURPLUS I {DEFicrr) IS STATED AFYER CHARGIMG I ICREDITINGI: 2026 2025 Audilols remuneraiion for audlt DeprÈciation ol langible fixed asset5 IGaln} I loss on salè of tangible fixed assets Opefatlng lease r￿tal5 (Profill I k)$s on fairvalue movement of i￿￿$t￿nts 15,120 177.505 27,645 18.332 1381.722 209.358 12,614 12,221 194.8781 28 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM NOTES TO THE ACCOUNTS FOR THE YEAR END 31 MARCH 2026 11 FIXED ASSET INVESTMENTS 2026 2025 Li8led inve3lmenl$ Farmland Cash and cash eqwvalents.. Inveslmenl management deposit acedtlo Taxation and social swrity A¢(xuals aThl defeffed Income 4,082 45.218 620 10.526 6.000 16,774 42.762 33 12.121 51,305 122.995 17. CREDITORS: OUE WITHIN ONE YEAR 2026 2￿25 Loans overdralts {note 18) 114.208 161.938 30 THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM NOTES TO THE Accoup¥rs FOR THE YEAR END 31 MARCH 2026 18. LOANS AND OVERDRAFTS 2026 2025 Long t•mi housin9 ltsans 178,682 Payable wtthln onè year Payable be￿een and fiv• years Pay4bl& aftw fiv$ y¢ars 4.082 16,004 16,774 59,311 102 597 178,682 118 290 The long-temi ￿USIng loans are s¢¢ured by spofAk ¢harges on SJSA'S h¢using W0￿rties. SJSA has loan faolityes wilh Rulland County Coundl. Th¢ loan farililies are secured by 8pedffic charges on tho SJSA'S housing properties. There are hyo loans with Rutland County Council. One is a fixed rate loan vA)ich is repayable at a rale ol 12% pw annum, the other has a fixed annual capital repayment wilh inter8St calc4Jlated at prevailing local 90vemment r*$. The dvo loans outstanding with Rutland County Counol totalling £105,79012025'. £108,373) ar8 due to bè fully repaid in 2048 and 2052 respedivdy. The loan No￿lth aj￿ Pelerborou9h Building SticAely was repaid Sn the year {2025-. ES5.309). SJSA has a ￿an from The Alfflshou¥e AssorAalion repayable over 10 years loialling £12,SC#)1202S'. £15.OWI which is repaid in six monlhly instalments and duè to ￿ fulty repaid in 2031. Thè loan is interest free and unsecured. 19. COMMIThlENTS UNDER OPERATING LEASES At 31 March 2tr26 SJSA had annual commitments under nOn-￿ncell4bk operaléng lease5 as Sel out below. 2026 2025 OperntlnH l¥as¥s whlch expire: %Mthln one y¢8r Between and Iwo years Be￿een and five years 18.312 18.312 48,312 18,332 18.332 67,217 20. RESTRICTED RESERVES Alovgment In resepms Transfors bE￿een rwThes Investments Gain I Ilossl Balance at 31 Mar¢h 2028 Balance at 1 Aprfl 2025 Incoming r•source# Recoupment reserve 151 29.151 472.341 602 The R￿UpMent reserve was set up in hvo stages, ffirstty when SJSA exsxnded capital towards Ihp cost of the South Street. Oakharn ftals in 1976. and secondty when capital was expended on the firsl developrnenl at Uppingham in 1980. In bolh cases. SJSA w8$ ￿qUired by thè Charity Ctsmmiss￿n lo sel aside an annual sum over sixty years lo recoup this capilal. that lemi èxpirès. the balance on Ihe ReseNe will be transferred lo ihe ¢xedil of Pemianenl Endowmenl and the a$59ts held on account of the Teserve transfeTf8d to Fwed Assel Inve$lrn8nt$. 31 THE HOSPITAL OF 8T JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM NOTES TO THE AccouNrs FOR THE YEAR END 31 MARCH2026 21. DESIGNATED RESERVES Movom•nt In r•s•rv•s nce at 1 Awll 2025 Trnn$fvY¥ between Balanc¢ at 31 M•￿h 2026 Incorning Sou￿•$ Rewurr•¥ •xponded Cyclical mainlenaEK? reseryo Extraordinary repai￿ rese￿& 98.980 382,304 481.284 1197.391) 98.411 197 391 133893 The cyctical maintenance reserve has been Set up lo fund periodic. ftun-annual, rpp8irs and maintenance and 1$ funded by on annual transfer based on The Amshouse A830aation guideline figures. The extraordiftary repair reserve has be¢n sel up to fijnd sealg repalrs, renovallons and Improvemert8 Wh￿ occur from tim8 to time. 2L ENDOIIWENT RESERVES IAovèm¢nt in r4s•r Depre¢￿titsn and loss on d(Sp￿•1 of Rev•luation land and galns I bulldlng Iloss•s) Balanceat 1 Aprll 2026 TranÈfe between Balant• at 31 March 2026 Permanent endowmtrnt reseNes 10 877 571 10 877 571 410.873 410,873 487.733 487,733 11 573060 11 S73060 03.11 During Ik• year SJSA Iransferred permitted expenditure of £203.11712¢Y45'. £207,914) from the endowment r8s6rves lo unrestricled leserves, relatin9 to the deprecialion and 108$ on (Jispos81 of endo¥ved 8ssets. Each year. a Iransfet of reserves from un¢estrict8d reseNes to the endowment r&serves is made to repr8s&nt Ih costoffixed assel additions or improvementsto Ihe endowment a55et and movement on the long lem) h¢u$ing 108n lolallin9 £487.733 (2025= £195.179). 23. CAPITAL COMMITMENTS At 31 M8r¢h 2026. SJSAh8d a contractual ca￿ta[comMI1Ment of£252.280 ftlaiing lotheacquisilion oflanglble fixed assets in ¢(￿necti¢)￿ with ils digital upgrnde programme. Of this commitment. £52.507 been sellled during ihe finanthal yaar. ￿th the rèmaining balance due in tha 2026r27 financia year. In the pri￿ yeaf. there were eapM81 Commitments relati￿ lo lh8 a￿ul$ll10n of tsngible fixed #sselg tolalling £75,OCQ. 32 THE HosP￿AL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM NOTES TO THE ACCOUNTS FOR THE YEAR EIVD 31 MARCH 2026 24. CASH FLOWS FROM OPERATING ACTIVITIE8 2026 2025 Notès Cash flows from op¢ratlng actlvltle5: Not inc¢mo I lèxpenditur•l for the year Adlustmtnts for. Depreciation charges Investment Income Inlerest rèceivable Inièrest payabl& Lo$$ on disposal of tangibl¢ fixed assets D8creasellincreasel in dèbtors In￿ase1(deCrease) in ueditors 171.8721 114,612 13 177.SOS 1130,0941 133.7681 13.370 27.64S (4.976) 143.859) 196,743 (137,8911 139,6121 15.876 12.813 6,79S 2.117 13 16 17 5.823 {66,049 56,442 171.054 N¢1 Cash fflow from opcr¥ting aetiwlies 25. TAXATION AS 8 Cbarily all of SJSA'S in￿rn8 la115 wilhin the exemptions under Part 11 of the Coipor81ion Tax Ael 2010. 26. RELATED PARTIES There were no ￿laled pwty transactions forthe year en¢led 31 March 2026 and 31 March 2025. 33