REGISTERED CHARITY NUMBER: 2I9J18 REPORT OF THE TRUSTEES AND FINXNCIAL sfATEMENts FOR THE YEAR Ef4DED 311 JUNE 2025 FOR THE FRENCH HosP￿AL BeTring¢rs LLP Cknered Accoutht2t)ts artd Statutory Audiwrs Li'goTh Ho 50 Lon&)n Ro&1 BTomlv" Kini BRI 3RA **THE FRENCH HOSPITAL** **CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 30 June 2025** ||**Page**| |---|---| |**Reference and administrative details**|1 to 2| |**Report of the trustees**|3 to 11| |**Report of the independent auditors**|12 to 14| |**Statement of financial activities**|15| |**Balance sheet**|16| |**Cash flow statement**|17| |**Notes to the cash flow statement**|18| |**Notes to the financial statements**|19 to 32| THE FRENCH HosprrAL REFERENCE AND ADMINISTIL4TIVE DETAllS for the ye*rtllded 30 Jwwe 2025 COVERNOR INON-TRUSTEEI The Rt Rcvd aT¥J Ri Hon IA>rd ClJatrt5 (KVO DD FSA TRUSTEE DIRE￿OIL8 lic J Du CatK Deputy cM>Verr￿r Gmld R Rub)thn. TrwureT Edw"ard C A MartineatL S liobin How. Premises oifi James O C&8h Peter J Duv Dr Gillian Fargher Ed￿"ard C P tLfrny lan Il. Macken￿¢ Charles E.M Manitieaii Philippa C Ou7KTr-John5 FRSA Nig¢1 B Ruth Nina Gunmg laFP)intrd 26 April 2025 DIRECTORS INON-TRUSTEEI Jtre]J]Tr P A (￿J￿rV Christopher K C&8h Claude DU￿al The Earj of Rth)r The V¢T>' Rud Hcnry E C Sw>ieton MBE FSA "ing Commatmkr David V thjval Emm& ￿10n￿n El¢anor S Leonard Jane S Darwin Mccarrah Cath¢rine E South Dr Tessa V Mur&>th PhD FSA Alexatmler E ACA Penelo￿ J HotTmwm-Becking Richard C Gamier Christoph¢r P D Grellier Ihuglas l Bttb} Mchir FRCS Hw)n L m￿[￿11¢￿ FSA Andrtt4' J Gillett Charles A Nl Boil¢au MRICS HONOKIRY DIREcfoR The [￿k¢ofB￿cclcYrh and (SKens￿￿. KT KBE CHARITY REGISTERED NUMBER 219318 PRiNCIPAL OFFICE The Frend) Ilospithi 41 La Pro%idence High Strttt Kent MEI INB AUDITORS B¢rringers LLP Charterrd Arwunthnts a[￿ SuDJior>' Auditors Lvgotl Ho 50 London Road BrotrLI¢y Keni BRI 3RA Pagt I THE FRENCH HOSPITAL REFERENCE AI¥D ADMINISTK4TtVE DEtAIiS fortht ytsr emded JO J•ae 2025 BANKEBS Lloyds Bank PLC 25 Grtsham Strea London EC2V 7HN Th¢ CAF Bank 25 Kings Hill Avenue Ki]]gs Hill 'est Matling Kent ME9 4TA INVESTMENf MLYAGERS RBC BrewiTr IX)IphiTh 12 Smithfield Str¢ London ECIA 9BD Cazerxbve C4)i&il l [￿￿&)￿ M'a]1 Pl&¢ EC2Y SAU SOLicrroRS Batcs Wells 10 Queen Street Pl￿t LoThk)Th EC4R IBE ACCOUNTANT Elizaknh M Samuels D and E Accountanc). Ltsl 2nd Fliw. ? Wa]sM'onh Ri>•l Hitchin Henfordshiye SG4 9SP SiW(VEYOR Richard Tucker MRICS th)vetail Building Co[￿ult￿￿ L The kn"enoaks Busines5 Centre 15 Lime Trtt Walk Kent TNI3 IYH CLERK TO THE CORPORATION hn Norl¢Tr (ap￿Inted 18 2025 CHAPLIIN The Revd Belinda B￿k￿lling STEWARD HL4D OF ENGAGEMETr￿ AND DEPUTY CLERK Nathiie Tegg Page 2 THE FREYCH HOSPITAL REPORT OF THE TRusfEES f•r the ye•r emded JO 2025 The trustees prt5¢nt their r¢p(xtwith the fitthneial 5tatqllatsofth¢ charity fortheycar ¢nd¢d 30 Junc 2025. The trust¢¢5 have adopted th¢ provisions of Ac¢ountith8 R¢poffing bv Charities." Statematt ofRe£omm￿d&l Practi¢¢ 4pplicthle to chariii¢s Preparing their accounts in xQ)Tda￿e M'ith thc Finantiai Rqthng wlitable in the UK and Republic of Ireland IFRS 1021 l¢ffeaive l January 2019)- OWECTIVES AND AcrivrriLS *) Policits Ind objtttives Th¢ mwn ObJ￿IlVe5 ol'th¢ Charity are. for the public benefit= Ihc relief of povcrty or an). otkr chariiable rtced by th¢ wovision of hxL%in8 %thJTun(MJation for irneficiaTi¢S'. haritable pwwjses for the knefit of b¢n¢fi¢iaries &¢ided on bv the &)verrKw and Dirtttots.. advance education bv the presm'aiiim and dispiav of item5 wnnecied with the history of the Fret Pro￿tant cornmunit) (Huguenotsi in England from the Si￿tenth c•Jtwy onwards. through the ablishment. sup￿)rt and n]aintetwir¢ of: la} Ib) a libran" aT￿ archii¢ (irKI￿ALlb8 8endogirai r￿OrdS rei&edto the H05Pitail; and a mu5eurtL orgallery. Beneficiarie8 means arty perstsn r¢sidurt in Great Britain requiring a55i*arKe due to 88e, ill h¢3]th or w>verty. or other misfortune givine rise to a charitable nee¢L Primary Beneticiaries sh￿1 b¢: su¢h p￿[L% trKing (hjr Sllbje¢ts A5 thc said G)vemor and Thr￿>r$ shall Tea%onably Satisfied are French PTQte5uints (Huguerntsl or their d¢s￿ndants or the s￿)￿se. Telict OT Cl￿11 parnier of an>" su¢h ￿T50Th {iTf¢sFrctive of wh¢rher or s￿h s￿￿￿e. relith or ci5.il ts themselves a French ProlesL￿1 IHugu¢noil or & de5c¢ndent ihereofy and is tn tleed of assi5wKe due ￿ age. ill hea1￿L finajK7￿ need OT other misfortune giving rise 10 a charitablt nttd. Relief of need is bj. the pro￿7S￿)n of sheltrml alms1MY￿ for which Rtsid¢JJts' ContribJiions and Utilities Contributions are chargd. The Charity'5 aim Is to ptovide quality a]m51Kbuse xc(Kn[nOd￿1ort that ¢th1¢5 prolon8S iTkle￿dCnt livin& encourages inwolwement in the Viid¢r rKighlM)whthl atyj &tiveli' r¢dutr5 1￿clIrth and iwi*ion by facdiraiing and eJ*ouraging a wide range of C4>mmunity ￿l¥ll]e% The Trustee5 have complicd with rheir duty utmkr Pan 4. Chw l ofthc Chariues Aci 201110 havedue r¢gaTd to public benetii guidance published bv th¢ ch￿tty Commissioth. Thth haTh"¢ considered this guidance in deciding what acti￿llIeS the Charity should undertake. arbj art satisfied tha¢ Charity confers a wjblic benefL Thev have followed thi5 guidance &>th when reviewin8 the Charity'5 Folicies and objcciivts for the vear, aThd When pJa]Jning for JM)th the illllnediate and lon8-temJ futur¢. THE FRENCH HosprrAL REPORT OF THE TRUSTEES for Ihe ye*r JO Julle 2025 ACHIEVEMEIYTS AND PERFORK4NCE *) Review of activities Cort *¢tivit The Charity continues to mtitntsin 59 5elf-cortLqined flhts on¢ of 7whith 15 occupied by the Strww¢L An avera8e of 66 residents were Provi￿d with ¥cotnmodarion 2024-25. Repairs and maintenance ex￿mI]I￿¢ * La Providtnce 4k¢xt&%ed to £132:751 in the yew (2024 - £330,747). due compleiion ot.thc qllitiquenni￿ Tefurbishmeni in the ptior year. Income from liskd investsn¢nts I[￿re&￿ ￿ £l(M>.705 frotn th¢ previo￿ year's figure of £IIXI.217. There was an overdll surp]￿￿ ￿rore tt3n5f¢rs and invesrmthi 8aitts11955es in theyearof£52.233 {2024- d¢ticit of£151.9521. I￿n￿L0￿% aThl Itg¥ie5 ill(y)me rttrived in thcTrcar atrjounied ￿ £25.741 12024- £32,5511. Following the reva]uation of inVeS￿e￿ &8sets. th¢ Charity ttwk again of£24.03912024 - £310.3221. Total res¢Tve3. on 30 June 2025, were £5.629.73112024- £i.553.4591. Hugueaot Must# Until 16 ApTiI 2026. thc HuguetK>t Mus¢um leased from The FI￿￿h H¢)spital at a Commerti￿ those pan5 of No 95 High Sired ihai li o¢¢upits. thjring thi5 the M￿um paid b) The FrerKh Hospit21 for its managemenr of the Hospi￿ s wll¢dions ar¥J archiTres. Ai 30 2025. the Museum was in atrtar5 on its r¢imbursement of pavmajts for uiilities to The French Hospits],' all outstanding sums were cleaTe41 it) fvll on I tkcember 2025. bl Inv*stMtnt poly and perf•rnamte The Trustees have urxlattd atKi approv￿ th¢ Charity's Investsnent Poliry. in xcordance with the Charity Cotnmission's guidance ICC14I. The FKrfoTtnance ar¥J suithbility of th¢ ChaTiry'S invesimenis aTe rniew¢d by the Tnjsttts at ail tneetings ofth¢ Court. The T￿￿t￿S ath)￿ ataulious b) inVes￿ents wlu¢h gen¢rallv >ields a￿uMOr 5°1•3gain the FTSE. Funds are invtsied through Cazm￿Ye Capitsl and BTewin tknlphin Ljd. Under its Rova] Charter. the Charity h&8 the EyTrwer to make inve5un¢ni the TnL4ees see fiL Th¢ value ot the investmeni rM)rttolits irtrea5ed in Yalue by 3.65D/• duttng the vear. By cornparison. the increa%e5 in FTSE 100 and 250 indices dutirtE th¢ y¢ar were 7.31Y•atMI 6.61￿￿￿K￿lYtIY. The i[K￿lSe in the CPIH index for the year w&% 4.IV FINANCLIL REVIEW al Golttg t•D¢¢ni The Truskes have a rea￿)nable expcrtation that the Charity has Th)urces (O co￿linUt in OP¢Tational exi￿enCe for the for¢s¢¢able firtUTe and continue going roncern b&%is irt prepari￿ th¢ finarKiai SL*emtnts. THE FRENI CH HOSPTTAL REPORT OF THE TRLSTEES for the ye*r ended J(1 J•we 2025 FINANCIAL REVIEW- to#ti•wed bl Restrvej ￿lleY It 15 the Chariwy Folicy to knld r¢5¢rye5 w ertswe that ii: - h&s suffieient in¢ome from its iThVeS￿enl and c¥>mm￿rI￿ propem." ErfolN)s *ltyuately to 5UPWrt the of Staffing at La ProviderKe. and of m￿ntenance of the ChaTitv a[￿ admtttlst￿ltsTr awMmod￿lOn. - sulTicient rM)rtfolio ￿£0￿¢ adequat¢fv io conseryc atMI tnatttsin its archives aThJ ¢ollL*tions.' - ean withstand tjnforeseen w)nomic stmxks: - ran upgrth its facilities at IA Providence: - devclop its get¥iees 10 CUT￿￿1 LkneficiaTi¢S.' - h&$ ihe fI￿Cial capacity to tll3k¢ gra￿ts io Benefieiaries for tTr¢ r¢li¢f of - ¢an re5wnd adequ￿¢1￿ in circumstan¢cs whue the￿ i5 inutased den￿￿ fot its smice5 in the fi￿Jr¢. and - can coniinue io owate iti prytuity. The r¢wrnmend¢d minimum level of the Charity'5 lotsl re5erwes wuircd by th¢ Tn￿le¢& on the Aitn$hou5e Association's model Reserves Polity and rcseryes sufficieni ]nitigate risk of a thIrtt￿l in resid¢nts' contributions and io tund Extr&>rdinarv Repair Fund projects. is £l,836.733. Within the t0￿j reserves figu￿. a seTt¢s of d¢5ignatrd teserves have beffi treatgj ￿ 2025 year etld kn mokc ￿pIl¢ll the chariiics provision forcvclicai and plarhned mainienancL pla[U￿ assa replaCeM￿tt￿p￿TretnCnla￿d rojundancy. Th¢s¢ deSig[￿ted rseTve5 ioialling £1.622.21XJ are noi included in anv 5ts1ement of the Clwity's curmt tree reservts. The pr¢scni level of theChaTitv'sr¢5¢rv¢s i5e&%eniial to supw>rt itscurr¢n¢ almshouseoperation& ond for th¢ maintenance of its archives and (x>ll¢rtion5. To enswe the Chatif). has th¢ 10 fi￿d th*"clopncnL make gramt& and rtsp)td to incr¢a5¢d d¢rnan& atld w ensure that IT has this capacit￿ in all rea￿[thI¥ fore5¢eable circumstances, it is th¢ ChaTiry'S >licy io seek. medithn tcnn. donation5 a￿j Iwies for *5 art expendable ethwTneni. As at 30 Jun¢ 2025, Charity holds frte reservts am(MmtULg ￿ £3.I78.70712024 - £4.550.9961. A deLYease frorn the lam yeaf5 accounts attrib￿ed to the S¢tting up of thsigMed rcsuves as dcsLTibvJ. Totsl reserv¢5 of the ch8Jity as at 30 2025 £5.629.731. The Extrwrdinar). Repair F￿K1 ¢xi5ts for th¢ purtMTrse of providing for the costs of extrw*rdinary T¢PfjiT. improvemtht or rebuildittg of The French Hospitsj's ￿M51￿)Use$ or othtt pmwti¢5 as may foreseeable as being necessar! ai ￿me fllture dat¢. During the y&qr. £1.360.OIM) {2024- £175.(KX)I w'as trdrnsferred 10 il froN the General Fund. The Trustees will review the amount desig￿ed oth ath a￿Ual basi It 1$ th¢ CILaTity's policy io knld sufficient of ils TtSffV¢5 in orother liquid a&%ts in orthr to cover.. - nornial fluenlatiow in almshouse OFfMi(yn ashflow,. aThl . in LX8e of unfor¢5¢¢n Cl￿Ul1￿a￿. the cost of abnslN)w (￿￿101￿ for a of 6 T[￿nths. THE FRENCH HOSprrAL REPORT OF THE TRUSTEES for Ihe year e•de41 JO Ju•e 202S STRuCll￿ GOVERNANCE AND MANAGEME a) Cottrtitutio The French Hospitsl 15 a Charity incorw)rakd by Royaj Chartcr, firn vJanwl bv His maj￿ King George l on 24 July 1718, and amertded by Supplemcnthl Rovaj Charter Erantcd h. Her Klajestv (*￿en Eli2xbeth II on 9 S¢ptemkr 1953. Her fvlajesty Qu¢¢n Elizaith 11 grdnied a fiJrtheT Suppl¢TnentsJ Rova] Charter io The Gtsv¢r￿r and Dire£iors of the Hospit￿ for Poor French Protestants and their D¢￿ethts residing in Gteat Britain on 26 Aug￿ 2015. This Supplementsi Rojai Charter repla￿5 ar￿ revokes earlier Charter5 in respec￿ except that the Original Charter incorw21es the kndy £oryorat¢ of &*v¢rrttw and Di￿10￿ a5 one Corwion . ￿ confers w this CortM)Taiion perpet￿￿1 su￿¢S510n aTrJ a Common Stal. The otTlei￿ title of the Charity is The (k)ve￿r Directsts of The Ho4)itat for P￿r French PrOte￿aJIts a￿j their Descendants Residing in Great Britstn. The working nameof the charity is The F￿nch Hospit￿. Dirtthr members of th¢ Committee are Ttustetsof CortwJNioL rth.members att Non.Tn]stee DiTedor5 amd are not Trustees of the Co￿ratH￿L Honorary tlirtctots are neither TrU￿￿S ITnJMee Direetotsl N)r NOn-TrU￿ Directi￿ The Duke of Buc£leuth and Qu¢¢n5b¢Try, KT. KBE. is currently the onlv Honorary Dir￿u>r. bl •f *ppoi•tment or eltrtion •f Tr¥sttts Managem¢ni olihe Charity is the resp)nsibilitv ofthe TnLs*e& who ar¢ elect￿ Und￿ of the Royal Charters. The Tnjstees has'e Ihe necessary aNI desinbk 5kn11& allrilNthes aThJ txperia￿C that they consider should available lo ihe Charity lo enable it most effectiv¢lv io fvifjl irs objects. defici¢ncie5 ITh skills and experience h3Y¢ been identified amonE the txisting Trustcc% the TnJske5 actiielv seek to thss them. T￿￿(ttS sttk to aPFK>int new Tn￿lees, Lx)th to increase number5 aThJ divusity. of th¢ TTuMe¢ trf)th' and to inLYea%e Tweseniation within (he med￿aY area. Consid¢r3tion is also b¢iThg ￿Ven kn S￿¢¢￿$]￿n planning. rryarding the offices of D¢puty' Governor. Treasurer, Chairman arbj Secretsry. which will be pr(wwl to the IbartrTly Committee ￿ 2026. Prosp¢div¢ Tn￿te¢S face a thorough 5dcthiot* and intmi¢w process to eLswe that their app)inmL¢nt smjgkn the ov¢rall comrosition and balance of the Tr￿$t¢¢ B(KJy. There is no limil in the govuThiThg Lbcumeni to the kn of offJc¢, bui the Tnjsiee Body seeks 10 k¢¢p the boaJd Cu￿ent io allow skills and kno￿1￿18¢ to te re￿ieWed over tim¢. To that governatKe of the Chtrity 1$ by It￿￿1vidUal% with a gi¥Ki knowledge of the Chwity's affairs, Directors are only tonsider￿ for nOmi￿10￿1[e-t￿lIDatlQ￿ kn the Quanerly Committee if th¢v have allcnded mort than 50Yb of th¢ I￿arter1Y Committee meetings in th¢ 12 months prior 10 30 Jtsne imtnedi*l)' pre£eding such con5id¢rwion. or in ihe 12 monilks since th¢ir initial ¢leaion &% a Dirtttor. and if thes. have been considered by the Quarterly Committtt 10 have F*en attively and ￿S1￿￿e[Y cnga8&1 tn the 3ffair50f the Q>rrM>rarion. ¢1 Ory#ttis¥¢ion¥l struftsTr *Dd de¢￿iDn-￿akIn# poliritJ The numberof DiTe¢tor5 WTWituting the Charity in &fdilion to the &)v¢rnor and tkpthj &vemor shall b¢ noi less that) 10 and JK)I more ihan 50. th 30 June 2025. thert 13 Direcrors aprMTrirtitsl 10 th¢ Qwterly Commilltt (2024- 131. All rD¢¢lings of the Charity are know￿ &% Courts. Four C*nerdl Couns are held in even" v¢ar. nonna]l)' in the month5 Qf JanuaTh, .4pril, Jul>. and Odob¢T. At Crtnerdl CourL ¢ight or more shall ￿ mMit￿ted as a fvrterly Cornmitt¢¢. M"hi¢h meets ￿ ￿ndUct the curreni t￿1[1¢55 of the Charity. A co￿1 may ￿ an). lime aprK)ini othLY Committees tor special Daily running of The French Hospitsl. maini¢TWI￿ of its trnises of the Charity's employc¢5 ￿¢ delegated io Clttl who reTK)rt5 to th¢ Tnwees. The Trusiees would like to thke the opw)rtunits Tn05t w7rn1)' ￿ thank the StstT. WIK) tni'olv&l in mttj<>T d¢rision. making and ￿lic¥ formulation wh¢revtT approwiatt. The Tn]st￿5 would also like ￿ thank supwrt¢r5 of the French Htsspithl for their efforL%. Pa8e6 THE FRENCH HOSPttAL REPORT OFTHE TRbsfEES for tbe ye*rt*ded 30 J•ne 2025 STRucfuR& GOVEILYANCE AND MANAGEMENT- to*ti#•rd d) Policies *d•pled for tke imd•c¢i•n a•d tr*i•iD# oclrw*L% The Trustees are gi¥en an induction patk UFKbn aFp>inmJenL this Incl￿ in*r a wpy of both the Charity's by-laws at]d the Charity ComtniSSiOD'5 guidance pthlieaiithL The Essential Trus￿¢.. vou netd to know ICC3). Training is given as 8md w'hen li L5 deemed apptopriat¢ and rquiT¢d forthe Ch&ity's tJeed8. Quarterly Commit￿¢ aNI su￿groUP mcmb¢rs are offcrd the qV)rti￿ity annual waining on their l¢g resp(MJsibilities. Th¢y ar¢ also invited io attcnd neN'orkinE and training organised by The Alm8hou5c Association nd other iKMJies. el Pay polity for kty persommel Pay is benchmarked with similhT organi5aiion& Senior stsff mav paid for da)s worked in Jjdition ￿ contracted day$, ith agreemelli from th¢ Quart¢rly Comminee. Salaries are review'ed aj) antlual basis. f) Rilk m*n*gemeMt Th¢ Trust¢e5 id¢n¢ify. &4se55 and Tegularly rriew risk5. e5p¢riaJb. those affeaÉng Hospital opwations a￿d finances. A omprehensive Risk Register is reviewed at everv Quarterly Commillet Nleeting of Tru5tecs. t)uring ihe vtar en(kd 30 June 2025, Trustees identifi¢d and ass¢sged the major risks 10 *"hich th¢ Hospitsl iseX[￿ a￿] ail &yxctswe￿ updatr in¢luding ￿ber sccurity. and loss of rent￿ income from 9) High StreeL The Ttijskes nttd to ensure that 3pproFYi*¢ cotrtrois are in pl&* ￿ w)vid¢ r¢a50nabl¢ a55vratLC¢ against frau¢L error, and Health 3nd Safety BS OHSAS 18(M)l. In Sepiember 2024. thc Charity. app)inia Cronu &$ HR and Hea]th and Safety onsulwits WI￿ coniinue ￿ eJJs4Jre that approwial¢ ￿lICi¢S arc Tts the risk of their theft. desiruction or dderioration. the FTwKh Hospithl's record5 and artefxts are held aThd ¢ons¢rv¢d by the Huguenot I1￿u￿ where W ar¢ available for wblic view within certain limitaiion5. A forniai documeni. signed by Fx)th partits, Eoverns the basis on which the Collections are insuraL s￿red. displaved and managed by the Mthqeum. At its Jn¢ding orl 19 Ocrot*r 2024, the QuarteA)" Commitiee acknwwledge41 thc jueipi from the Huguenot Muswttl of a cop) of a draft inventory. covering the major pan of its L7Trlle£tions. l GoYtrn*ttte The Charity 5ttks kn follow ￿ Tharity Co(k 2025. Uwlated Job Desttiptiolls and T¢rm$ of R¢feren¢e &Te it) place for Dir¢ttsws and office￿ Subgroups reFx)rting to the Quart¢rlv Committee are reg￿artY rei'iewed Twm5 of R¢f¢Tence are in place for them. liccruiting is based on ihc skills need ot the Direcioraie. ReYi$ion of the 1105PLtaJ'5 Forward Plan. which Iw rel'ie￿.rd amd agreed in 2015, Is JM)w a priority for th¢ Trustees. It intorms the Trusi¢es' b￿lnesS decisiotss now aT￿ in the fuTh]re. A ths&sier Relief Plan was appro￿ed by the Quarterly Committee on 15 July 2023 arKi 15 revicwd annually. The Charity's Policies are regularl} reviewed atxl uEwJ•cd. Dath PNea10￿ F￿]￿$1￿8 and Priv¥y Policies are in plae¢ 4)nd up 10 datt. Th¢ Charsty'5 Risk Register has eXp￿ded kn a(klress Cyb¢T Digiul Risk. The Empiovee H4ndiK>ok iDclud¢5 ￿liCit5 on cotnmuni￿1on5. Grie%arte and Thscipline. Kl&¢rnrty and Adoption. Partnts] and P￿¢MIty Leave. Siekness and Absence, Redttrtdancy atMI Retiremeni a￿1 has F*en reviewal in lit* wtth fresh legislation in 2024. Page 7 THE FREYCH HOSPITAL REPORT OF THE TRUSTELS r•t the yt*r¢•d¢4130 J•ue 2025 PLANS FOR WtrnJRE PERIODS Though almsknr¢ses are hots￿d in krilage bwldiw ily are of ihe pldigitsl bro￿band will r¢plx¢ landlirth making Resident's peN>nal alarm5 obsolde. During ?024. ftais in the Frenth Hospit￿ haThe b¢¢n upwded m.ith Teleore Euriw TA74 4G GSM uwts. fund8 for this P￿r￿Se haviti8 b¢q) raised from The Charks Skey Clarithble TrtWL The Trust¢¢s will be working on the developmthiof a new fon4.ard plan for the rKriod 2025-2028. all￿d with a revised futklraisin8 plan. Thi5 will involve eE]gagantni with suff. service-￿%￿S a￿1 othet ke%. staL"¢knldeT5. Despite the over￿[ etonotnit clitna¢. M"hi¢h has impxted on ihe Charity. Ik i)rg8nE$8tion rtrna]￿ d)'n3mic ar￿ energdic and there is a oniitluing sense of oNimism iniemall). and ¥b"ith ¢x*mal paruKrs. cl FundTai5iNg The Charity continues to ¢ngag¢ ￿"1th lis Friends of The Fre￿h Hospits] swjwwter bas¢. and with other chariiits which it Is ￿Igned seeking OPFomJniiies to raise its PTofil¢. Page 8 THE FRENCH HosprrAL REPORT OF THE TRLsfELS f•r the ye*r ekdtd JO J*tté 2025 PLANS FOR FtrruRE PERIODS- t•lltiHw¢d Th¢ F￿£h H05Pitai complic5 with Commission 8Ukdat*e and LK fitthising law and sttks to dea] with own¢ss aT￿ honesty. The Charity is sÈgTred up io the Futthi$ing R¢gulatorf5 of Futhising Ptactite,. the of Engagement, le&J tiJndrwsin8 ond Complia￿e, i5 aD indi%iduaJ Memkn of the In￿lI￿le OfF￿d[als1ng and IM)Ids an Msc in Voluntsry Sector M8TogonrnL All person￿ dats is Collea￿ and held in wmpliance with Current Dats Pro*aion legisl￿10Th and in a¢eordanr¢ with the Charity's Dath Protection and Pri￿aLry Poli¢ie& Thc Chariry's fi]ndr￿51n8 th)es subjt¢i vulnerable wple and others unTe&sonable intrusion on aFKT50n'S wiv￿. Un￿￿nably r*rsisieni approac￿% orunduepressurei0gi￿e. The Fjench Hospiiaj moniw5 the fundraising activities carried on its behalf in a YaTi¢ty of ways - through regular meetings b¢￿e¢n ihe Clerk and the He*1 of Engag¢rn¢nLQktKrtv Clerk and Fur¥Jraising Updates to TnL5tces. The Charity is noi awaTe of any failur¢ to Eotnply with the swjdarth cikni dwing the 2024n5 FirwKial Year and received th) fimthaising complaints during the 2024Q5 Financi￿ Year. Inthe lort8 ierni. the incre&8ed f￿ll5 fiuthi5in8 SknuldsUp￿)rt thesustsinthi]itv of th¢organi5ation &% w'ell &8 provide OPFK>rtunitie5to devek>pthe charl￿ s xtiviiies. ResknLted funds H"ill bc usdduringth¢curreni yeat, iogethcrw'ithmatch- fimding. for capithi prOj￿ts to f%]ll￿e Resi￿15. mobility and ffb imptove thetr se¢utity. It is hottd 10 include rttijrbishmtht otr two lifts- at a projeaed com of £60.(MXI- amongst such wojects in the ¢uryeni ar￿ forthcoming yea The are aware ihat the va]ue of the dw¥tv's uywe5rric*d gcnera] fitt14ts mav have dcturd certain funding instiiuiions fTom awarding thtclLaritv grants during 2024,.25. Ilowever. it IsaniÈcipthl th￿3 firfiersignificani allocation to th¢ Extrairdirwv Repair Fun& which exihts lor the of FToTriding for the costs of any extrth)tdinary rev￿r, improvemerhi or rebjilding of The Fre￿h Hospita]'s ￿T￿shOU5¢& ]na> be neressarv during the t￿rtyrt year. Current fiuKtrwsingtsrg¢tsi¥ill ron1]n￿ ￿ maintsin and exp*MI Commwjitv acliviti¢5thar incre&%ewellbtin8 to rKolong ResEdents' ability. io live Ende￿denilY forlonger. Akej focus will ￿$0 ￿ ￿￿all￿lI0nOr larger$ums foT Capit￿ PTojects to improve facilitits. d) Prnperlie Exploratory discussions Telating 10 95 High Streci were ongoing through 2024-25 following the surrender ol Medway Council's tenancy. on 9 S¢ptember 2024. of ihe grou￿1 floor atxl part baswn¢nL April 20Y6. the TrU￿eeS exchanged their interests in 95 HI￿ Street andthe Co¥h P3Tk forownu5hip of103 High strtd.the Pro￿ a4jxent tothe charity's La Pyovidthce a]mshouses. Th¢ 0￿UpanI of119 High Street (Jul} 20241 a weltixne addiiion to High StreeL bringing a wpular reiail ouilet to a growing tourist area. The tenant is tKbM" well esthlished and required mirtitnd int¢raciLOll from The Frethch Ho$pitai. el Improvemefyt of •hnsho4se f*cilit*s The Charit¥ wntinuES to upgrad¢ its a]rnshouse fxiliiies and duringthe f103rKial yearcomplffleil regularongofftg repairs and mainiained its bjildings through proatti*e worL 11¢5id¢nts' liats are upgrthd and remvated as th¢v b¢wtne la￿j)L To suppN)rt this WtsTk. extend its sto￿ ar¥J further the Charity's objects. The FTetKh Hospi￿ continue5 w identify and develop sources of funding that mighi suprxjn fimre w>je£ O R¢sidents' plysic*l htahh, vellbeimg ••d socill i#t1￿1￿m Th¢ Frttrh Hospital thriTrcs as a dimincr and self-supwrting ComM￿lty of Re5id¢nr& Suff and Trusiee5. Residents are encouraged io contribuie as ￿'t[l &8 parts"Cl￿e. rtom NelcoTning trisitOT5 10 wdenm& leaching cla55e5. running gJLd plartning xtivitLe5. atHI DIY. To suppletn¢n¢ charitable income. rU￿1rdI$lnE facilitotes vitsi CoTnmunity auivities and resourr¢$ that PTOtnot¢ ￿are of tninl mentaj agility.: well￿7￿8 and Spiritu￿ and ph)5icai enablirtg Rcsidents to live independ¢ntly for longer. Page 9 THE FRENCH HosP￿AL REPORT OF THE TRUSTELS for the yur e•ded 30 J**e 2(125 PLANS FOR FUTURE PERIODS- co*ti**td Tht Tr￿stee9 wish to exprtss their thank5 for th>natioLs Yeteiya by th¢ Hospitsi durin8 the year from the follo￿￿8= World Cmld Council - Kent Communiry Found￿lOn - The Friettds of the French Ho$pitsl - The Society of St Ong¢ ADg0WE￿I5 - Th¢ Silv¢r kniery In &ldition. the T￿l￿tr$ ar¢ g￿¢t111 forcontinuing SUP[￿ from knth Th¢ Chthe5 Skey Charitsble Trust and Roch¢s RotaTV. This fiiJatiCL8] and other SUp￿rt rnable5 a widc varicty of Residcnts. acliviti¢5 10 ir fuThkd. E￿impleS of these ¥tivities lil Commuxity G*rde T￿SlOry ofgorde4ry1￿S. Ikwd¥ dirt. ihe with tttstuts.. Alfred Auslin Few a￿￿[able outside ar¢&s in tk French Hospitsl are ￿)1 ¢uliivOled bj Resid¢nE from the Fttnch Garden to b¢d5 and pots. Sorn¢ tunding is alway5 available tor Residettt-led prtsjects and iniiiatives. %ith more $trenwus Tnaintenance carried out bv wntrdctors. (ill Physital rttstss ..so lime ￿ home r£Fulis in 10s5 ofstrengih {wdmob￿xty...l*￿IIhpTQfe￿1oth belinte declirrinsplrysicalfilwss couldleudio I￿rease infa115 ￿ ol&rpeople.' Ag¢ UK 2021 Over tsViC¢•w¢ekly exerc￿ Cla￿e5 h&ve i*en deliiered4T￿ have th￿U8￿￿)Ut 2024.25. In wjdiiion. there 15 wethy Tai Chi and YO￿ and a dance clxss requ¢￿ed bv Residents w'&8 knailed from 20 kpiember 2024. On th¢iT inJiiaii¥e. Residents or8anised a sw)nsored birwal bike ri(k 10 Frartee to rdiS¢ for the k*i8] Club. {iiil Crea¢ivity 'When I Iosi ry knme. Ilom ry tools aThlpth ofmyself. so l¥wpy to be able to Ihi>Y somEwkre lo (lu￿5 ogasn, Tony. Resident Residents attend'ln Sheds. weekly. th*Jks ￿ th¢ Cktows Foundation. making such item$ 35 planters for the garden and siIFK)uelles of British Tomtrties for Remembrance Da} 20?4. Craft Club Jnea weeki). in the Common RooTn.' Art Club has benefitt￿ from a workthop run bi" local artists and a wogr4mme of Art Cl%ses eoMffl¢nC￿ in la(e 2024. Herits8e Ortn Day visitors are tre￿¢d with cakes bak.ed bj Resider￿. livl MTASIC *ud worship ..learningnewsongJ IF cogkulsvefysiim￿QII￿g&￿d1￿￿&rne￿￿ry... Zhgs￿L￿a¢lI0ft olperform1￿1Ogeikr. evenwirhout an atdience. ￿ likely to be ts%tocutsedwith tKtivulion ofrl* br￿￿5 rewardsysieD4 iKluding ihe dop1￿Mineptt1l￿VUY.. University of Oxford Resta￿h 2022 Fomied in early 2023. ov¢r40 singing 5e5510￿ have ￿en held with th¢ La P¥ovi¢knceCknir puforniitjg at F¢s¢ivais and at Roch¢si¢r Cathed￿. Holy CoMm￿lOn is celeFxakd weekly with the Chaplaio WIM) p]Dvide5 treasured suprort u) our Community. Page 10 THE FREiYCH HOSPTTAL REPORT OF THE TRLSfEES for the yur e*ded JO Jllne 2025 PLINS FOR FiryURE PERIODS- tomlimlled Iv) Socixl interadio 'Ilove living herelP Charli¢, Resident The French HoqJttal'$ CoTllTnon Rix>m and Community Kitrhcn. freq¥enily upgraded b). throiions. is a ￿tial hub for Resid¢nts as well as for monthly Iwiches, C¢1¢brari(￿ of the Cor(m*ion XTKI parties them&1 from the Swinging 5ixtie5 10 Line Dancing. In addition. the generosiTr' of Th¢ Friend5 of tht Freth Hospitsl and the Tmwer B¢4U¢5t sU￿N)n5 ourings as well as th¢ anffiu￿ Christmas and Anftl￿eW Parti¢5. lyil Re5ideDt Volumtttri*E Volunt¢¢Ting ha5 also incre&sed with liesidents being in%olved in projecis i[KI￿]ng ￿ local Community cafe, Medway Ilospi￿. Rochester Cathedrol. but primaril) at the Hugucnoi Nluseum. Museum voluJJiem3 have tak¢n on demamdin8 roles zt firjnt of ￿U$¢ and in Huguenor HiMory aNI Familv Hi5rory Rese8YdL STATEMEN[ OF TRLTSTEES, RESPONSIBJLttIES The trustees aTe reswnsibl¢ for preparing the Rwrt of th¢ tru5tee5 and the fiT*n¢1￿ 5￿te[rIents in aceordan¢t with applicable law and UThited Kingthm Acco￿lIng StsTMJaTds Iuniied Kingdom CnJ¢rall> Ac£eNed Accourtiing PJ3ciicel. Charity law requi￿ the trvst¢¢s to prepare fwJaThci8] s￿ements fOr￿h financial ye•r. LTT￿tr that law. the tru8tees h¥vc ¢l¢cted ￿ Prepare the firwLcial siaiemcnts in ac￿rda￿l￿ with United Krti8doJu CvKraily Acceptrd Acctsurtting Pr￿lice (Uniied Kingth)m Accowiiing Standards aryj 3pplirable lawl. Under¢harity law the truMe¢5 fflU￿ approve the fitwKial unless ￿l$fIed ilm Ihev give a 3nd fair view ot ihe swe ot"affwrs of the Charity aJKJ oi the incoming TesouTCCS arNJ applic*K>n olrtsourY& including the incomc and tXPtsMlitUTe. of the dwity for ptticwj. in weparing dw)se finan￿ Matrment& the trusTees are required selea suitsble accounting wlicies and then #ppl) them con5iStcndy: observ¢ ihe methods and winciples in th¢ Chariites SORP., make judgements and ¢5timatrs that are Teawtthle and ￿. state ￿'hether applicable accounting ststtdaTth hav¢ IK¢n tollow& subjtt¢ to any material dep*Trwes dis¢l03ed and eXpl￿ned in ihe financial Slatc￿ents.. prepare the financial ststements on the going concern b&si$ unles5 li is inapryowiate to prty]m¢ that the charity will Continue in 1xjsir￿ss. Th¢ trusttts are resrA)nsible for k¢¢ping rKorLr ￿e￿IntIng rec¥>rds whith disclose Ibith reawnabl¢ at any lime the financial wsilion of th¢ rharit) and io enable them to ￿SUre the fjnanciai $￿tInents compl) ￿'1th ihe Charities Act 2011 and The Charity (Accounts athd Rcp)rt51 RegulaiioThs 2(M>8. Thcv are aJ9) r¢5p)nsible (or sateguanling th¢ asse of the charity and hence for taking reasonable Mcp5 for the wevention ar￿ dete£iion of fraud and other ir￿guIarITIe5. AppTov¢d by order ot the of th￿et$ on . ... .. and Sig￿￿1 on its beh￿f by: L J Du Cane- Dq)uty &>vernor Pagell REPORT OF THE INDEPENDEP4T Abl)ttORS TO THE TRL5TE￿ OF THE FRENCH HosprrAL Opi•ioD We have audited the firwKial star¢ments of The French Hospi￿ I￿￿'charl¢V.l for the year eth 30 June 2025 which comprise the St#tetn¢ni of financia] ￿livI11e> B￿aT￿¢ shea. the C&sh 51atem¢ni and tKTrtes lo the fjnancydl stst¢ments, including a summary of significani acco￿ling [￿[t¢1￿ The finarKiai rerx)rting fratncwork that ha8 ￿ett aFyli¢d in their prep￿lon is applithle law and United Kingdorll Aculuniing Siandatds (Unita Kingdom Genera]ly Acttpted Accounting Practice). In OUT opinion the tinanCi￿ SLqtements'. gi￿¢ a true and fair wiew of th¢ 5tat¢ of the L*aritv's affairn as at 30 J￿e 2025 of its incoming resowces and applLcaiion of resources, for th¢ vear ej￿Cd. have been properly Prepared in &cordance Ilnited Kin8&)m CrtnCr￿[Y Ac£ep*d Ac£ountin8 Ptactic¢,' 3￿j have been prepared in x¢ordathce with the rowirem¢nts of the Clwritie5 Act 2011. Basi% for opitti W¢ conducl¢d our audit in ac¢ordatK¢ with intem&ionai sta￿12r(b A￿lling {UKI {ISAs {UKII amd applicable law. Our responstbiliiies standards are fjjrther desaibed in th¢ A￿lI￿r$, rts￿￿1bij1t7¢s for the audit of the finattciai statements ￿110￿ ofour retM)n. We are indwdenr ofthe chatitv in Kcordance wilh ihe ethical requirernents thai are r¢levanl 10 our a￿11 of the flljanriaj swements in the it￿lU￿ng the FRCS Ethktd Standard and we have fuifjlled our oiher ethital re4￿nsibilItieS in accorda[￿¢ thue rwuiremcnts. We belieTr¢ the awjit e￿ide[￿¢ we have obtairted 1$ suffi¢i¢nt atml appropria* ￿ m>vrik a knis for ouropini(xJ. CoTrcluJioDS relating to g•ihg cou¢e It) au(tiiin¥ the r￿l&l sts1¢[Ren￿ we have (X)n¢]￿ that the use of th¢ go￿￿ concern b&8i5 of ¥rouniing in the pr¢paJation of the fInarK1￿ ststements is appropriale. Bascd on th¢work w'e h3Ye p¢rfornoL we have noi idenufied anv matrrial wKtrtainti¢s rel*ing to events orronditions thai. individually or colleciiiely. ma)" cast signific3ni doubt on the tharity s ability ￿ £4xllinue as a goirhg concern for a period of ai le&st n¥eli'e months from wth¢n the f￿￿L¢la[ $￿em¢￿￿ ar¢ authorised for i￿]e. OUT T¢5Fonsibilikn¢5 amd the restx)nsibiliti¢s of th¢ t￿j5t￿5 with rts￿ct to going cfflcern are describal in the relevant s¢ciions of this rq￿TL Other in(orth#iio Th¢ tru5*¢s ar¢ r¢swnsible fot the other infoTrnation. The othLT infoTTnation (Tr¥nprises the info￿natIon included in the Annual rep)rt, other than the financi￿ $tstements and our Rwrt ofthe iThJeF*ndeni audi￿r$ ther￿Th. OuropiDioD on th¢ fJnaJKiai sthtements do¢sTKbt (x)vertheother iThformaion excw ex￿10th¢￿75¢ ￿pliCit1Y ared in our rerx)rt, we th not cxprtss anb fonn of&ssur&Ke conclusion thereo In connectiort with our audit of th¢ f￿￿tial stskm¢nt& our resrM>nsibility is to Tewj other infornjatioth aTMJ. in (k)ing so. consider Th'hfflher the other infortll31jon 15 m&eriaily incotksisknt ￿1th the f￿ncIal SLiiem¢ntg or (w ktK>wledg¢ obtsined in the a￿11 or otherwi5¢ 3PFtars materiall) mi55tated. If we identifv 5urh [J)ateri￿ inconsi￿¢t￿leS or apparent jnaleri￿ tnis5tai¢ments, we are required tts (kt¢nnine Mhether this gii"¢s ri5¢ 10 a rn￿tri￿ misstat¢tneni in the tinancial #atanents ihemsclves. Jf, bas¢d on the wowk ￿'t hatre TKrfortD¢d Me contludt th¢re is a material misStaiem¢nl of this other infomtatiorL w'e are required io rep)rt We have tK>thing to reFKkrt in This rewd. Matters wbi¢b Tve rtq•irtd to r¢port by exeeplio 'e have nothing ￿ rep)rt in r¢sp¢rt of Ihe following w"h¢re the Clwiiies (A¢¢ounts ar￿ Rerxjnsl Re8￿latiOnS 2008 requires US to ￿￿ort ￿ )'ou if. In ouropinioD.' the inforrtlation givcn in the Rewkrt of the Iw5tce5 15 incorLSiSteni in any Ma￿al rcsw with the fitwKiai 5tatements.' or sutTicient atcounting record5 have beth ko. or Ihe firwicid 5M¢ments are in agreemenr w'ith the aceouthting rwd5 and or we have th)1 receivd ail the infonnation and explanatiQllS We require forour•]dLL Pa8¢ 12 REPORT OF THE INDEPENDE￿ ALry)rroRS TO THE TRUSTEFS OF THE FRENCH HosP￿AL RtspottsibiJitit5 of irnslees As explained rnore tullv in the Ststement of ¢rnsTefs' rurAynsibiliite& thc tru￿¢¢5 ate re5[xM￿lbIt for the prcparalion of the find￿1￿ siatemenis which give atru¢ fairview. and forsuch intemal control as thetrUst￿5 deternline isne£essary to enable the prepardiion of financi￿ $￿eMe￿LS that ate free frnm I￿a￿La1 misstateoxenL wh¢th¢r due io fraud or erwr. In preparing th¢ financial sMement& the tnL8tffs are T¢s￿￿1ble for a&%tssÉng the charity's ability kn continuc a5 a going onccTn, di5closin& &$ applicable. matter5 Telatedtogoing cO[￿¢M and using thegoing cot*em basisofa¢couniingunless the trustees either itttetml 10 liquida* the charÈp' or ￿ cease QF8. Our audii work h&% been urtdertak¢D so wt might sme io the charity's t￿￿¢$ lim ¥natt¢r5 w¢ ar¢ ￿quired io sthie 10 them in an d￿J11￿5, rwrt at41 for rn othr EwK¥se. To the ￿lIes1 ex￿[ permilled b lam. w¢ tK)i accepi or asswne TeS￿)nSIbili￿. to anvone other than the ch*ir)" 8rKI th¢ rhariry's Irustees ￿ a tK)dy. for our audit work. for this rep)rt. or for th¢ opini(Ks we have lormed. Berrirtgers LLP Chartered Accounidnts and Siatuiory Audiio Lygon House sn l.ondon Road Bromlej Kent BRI 31L4 Pa8t 14 THE FREIYCH HosprrAL STATEMENf OF FIJ¥A,YCL4L AcriV￿lEs for the ye*r endtd JO J••¢ 2f12S 2025 Total fveds 2024 Tota] furtds Unrtstrithd RcstriLxal fi￿d Noies INCOME AND ENDOWMETrtrs FROM tk)naiions and le8Xi¢S 15,741 25,741 32,551 Charitsble activitics 502J06 436.889 Invesknent incorne 21 5,194 ￿16 251.948 Total 754388 21 S194 ￿16 781.298 721,388 EXPENDITURE ON Raising fund5 20 20.81)8 20.611 Chxrit*blt #ttlvlt￿S Direct costs Supp)rt Losts 688JJi J31 824.497 28232 Totsl ￿9.(￿$ 873.340 Net gainslllossesl on illvesiments 32.488 ￿1￿25} 24,039 310,322 NET IP4COME 57,711 3J69 76372 158.370 RECONCILIATION OF FUNDS Toraj brought fon¥ard 743,196 210JIO 599,953 5353,459 5.395.089 TOTAL FLTNDS CARRtED FORWARD 213J79 5,629,731 5.553,459 The rtotes form part of fir￿￿1￿ Page 15 THE FREIYCH HOSPITAL BAIANCE SHEET 31) Ju•e 202$ 2025 2024 Notes FIXED ASSETS T3nwbl¢ assets Invcsrmenis Invcsrmtnt prnwty 14 15 16 48J,VO 3.926.138 1,096335 566.046 3,787,905 1.096.235 55(W 5.450.186 CURREiYT ASSETS Stocks Debtors Cash at baTth in hand 17 18 $3,758 26.363 159.118 273A46 186.065 CREDITOILS Amounts fa]IiEJ8 within on¢ year 19 {149J581 (82.792) IYET CuRREr￿ ASSETS 103.273 TOTAL ASSETS LESS CURREYr LL4BILITIES 5,629,731 5.553.459 NET ASSETS 5,629,731 5.553.459 FLThI)S 21 lJnre51ricted fur¥Js Resiriaed funds Endowment fil￿ts 4,￿1.907 21JJ79 614.945 4.743.196 210,310 599.953 TOTAL FLryDS 5.629 731 5 5)3,459 The tllwicia] statements wer¢ apFYovedby th¢ &>ard of Tnw¢ts and authori5ed for i￿¥t on. ... . .... and wer¢ signed on its be￿f by= L J t)u Cane- D￿UtV Crt)verrK)r Thc notes fonn part of these financial ststements Page 16 THE FRENCH HOSPttAL CASH FLOW STATEMEYr f•r the yt4r tm41ed Jll 2(125 2025 2024 Not¢s CA5b floY*s fro*h Optrnting •ctivib Cash generated from operaiions 81,0781 221.460} cash ￿ged in oper*ttig arti￿tieS 221.4601 Purchaqe of lanwble fixd assets Purchase ot fjxed a￿1 invcstmtt)ts Salc of fixed assct illVC51Tnents Interest rt¢eived Dividends received Rent re¢eivrd 1192.1801 1936.595} l.W2.312 16.085 100217 137945 (49S4331 381139 l6J94 IW705 Nct cash provided by in¥￿1￿8 xtivities 141. 217.784 Change ix rajb #Dd t4uiv*ltttts i# tht reporti*g period C￿h Attd r•$h equivalemts At tke bryillniDg of the reporting period 13.6761 159,118 162.794 C¥$b •ud cash equivale•ts at the end •[ the TeportlDg period Zl9,1•4 The n￿e5 fomi wt of the￿ financial ￿at¢rnL￿ts Pag¢ 17 THE FRENCH HosprrAL NOTES TO THE CASH Flnw STATE.11 ror the ye*r e•ded JO June 2025 RECONCILIATION OF INCO4IE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 N*t imcowe for tht reporting pehiod p*r th¢ St•tememt of fm*neiil a¢tivitieJl Adjustments for. t)epT¢cialion char8¢S Gain on inv¢5ments Interest re£eived Dividents rtceived Rent Tec¢iv¢d Decre￿ in stocks Ilncrea8eydecre&%t in debto Iwease in ¢T¢ditors 76372 158J70 82.176 124.0391 {16J941 {IIKJ,7051 138,159 43,930 1310.3221 116.085 1100.217 1137.9451 4.305 126.749 9.755 127JJ51 Net c*sh used oper•li••s 8].￿8} 221,4601 ANALYSIS OF CHANGFS IY YET FUNDS At 1.7.24 Cash now At 30.6.15 ¢¥$h Cash at bank and in ha￿1 159,118 219104 159,118 219,104 Tot*l 159,1 18 The norts forTh wt ofthcsc fi￿￿al swemthts Pag¢ 18 THE FRENCH HosP￿AL NOTLS TO THE FINANCIAL STATEMENTS for the year elded Julle 21125 CEf*ERAL IPIFORMATION The Fre￿h Hospitsi is a Royal Chart¢r compatry with charitv regIst￿ry nLunlKr 219318. The address of th¢ rws*rnJ off]¢¢ 15 41 La Prob'ider￿C. Rochester, KenL MEI INB. The rn￿n obje£li￿¢s01thc Charity arc.. th¢ relief of tA)verty or other charitsbl¢ n¢ed bN" the provision of h)using acwjnmixjation for bcncficiaries," $u¢h charitable for the F*nefit of benefitiari¢s Js the &)vemT and Directors decide; aT t(1 adv3nc¢ ¢duca¢ion by the preser%"*ion and displa￿ ofi*ms oinnecied with the history of th¢ French Proiestani community (Hug￿￿)￿) ID England from the sixkenth ccntury onwariK in particular through th¢ ¢5tabli5hmenL suprM)rt at)d m8inienan¢e of.. libraTV ￿ ar¢hiv¢ (I￿1￿j1￿g ge￿alOgICal Tecords ￿Ll￿d to the Hospitail,. amd amus¢wD or gall¢ry. AccouNfii¥G POLICtLS Bas￿ of preparimg the fi•a*¢ial ststememts The r￿Mela1 statements of ￿ ehariti", is a public trthefii eniiD' thhder FRS 102, have been prep￿ed in acts)rd2nct with the Cl*rities SORP IFRS 102) 'Ac£ountirtg and Rep)ning by Chorities.. Swemeni ot" Recotntnended Pradice 3ppli(ableiochariiies prq)aring thC]rac￿untS in accordance with the Finantial Rerx)rting Sta￿d9￿d applicable in the UK and Republi£ of Ir¢land IFRS 1021 leffeaive l JtsnuaTr 20191,, Financi￿ Reporting Standard 102 The Fi￿lat Re￿rti1)g standa￿ applicable iTh the LTK and R4xJblic of Irela￿d, and the Charities Ad 2011. The fina￿la1 sratcmfnts hai't utKierthe hisloriol c051 convention. wtth theexeeptionof invesmicnts ￿'hICh are inc1￿￿ed ￿ market %aiue. as rnodified by revaluation of &%s¢ts. The Trus¢¢¢5 asse55 whether the ￿ of Eoing coiwn 15 appTopriaie. i.e. whethu there ar¢ anv mateTi uncertainiies related ioeventsorcotLditions that mav $i￿LIfl¢4ft1dOUtr1 onthe ability of the Clwity u) coniinue as a goTng cothcern. The Tru5tccs this a$5essmeni Lll r￿￿¢1 ora perid of ￿ leasi one year tri)m the d&t ol. auth0ri5ation for issue of the financial sta*ments and have (x>rKluded the ChariTh has thiuate resourG¢5 to coniinue iTh O￿allOnal ¢xisknc¢ for the foreseeabl¢ future and there art no Materi￿ unr¢M3inti¢s about the Charity's ability io continue as agoing (X>TKeTfL thus continue concern bgsis ofaccounting in the preparing the ruw￿131 s¢a*m¢n All income is rectignis¢(l in the Sta¢meni of Financial Aciivili• 0[￿¢ Ch￿1￿ h&% ￿lillement kn the fimd& jl is probable thai thc iTKom¢ will received aTrJ theamothit can mrasurd reliably. The rcco8nition of income frotn l¢wie5 is depetthi on cstsblishujg ethidon¢nL th¢ prthbilit> olre£eipi and the ability to ¢slimate w.ith 5ufficieni the amount Teccii"knl¢. Evid¢nc¢ of entiiluneni to a legaty exssts when ihe Ctwity h&8 5ufficieM elidertce that a ￿ft ha5 been left io it (through knwwl¢dg¢ of the ¢xisietJc¢ of valid *ill artd ihe dtath ol-the bcnelac￿rI and the e¥ecuior is 5aiisfitd th¢ prop¢ny in question will Mi quirtd to satisfy" ¢13ttns in th¢ ¢SL*. Receirn ola legat) m￿t bc r¢wgnis¢d when li is probable that ii will be recetied and the fair value of the amouni rec¢i*abl¢. whith will g￿)erallY ￿ the exw*d ¢ash aTnount to be distributed to the ChaTity, can bE Ttliably mcasuT¢¢ itK7Trme ￿ recoveThble in reiataon 10 dDn&¥)ns r￿C]Ved utyjer Gifi Aid or deeds of ¢0ven0￿1 15 r¢cogtELSed & the ttme of donation. Income recoverable in Teiation to it)￿eS￿l￿1 itKOm¢ 15 recognised * the time the investsnent incotne is Trttiiabl¢. l*terest rtteivabte Int¢r¢5t on fund5 hcld dcFosit 15 IrKI￿ receivable aT￿ the allwunt can k mwuTed reliably by the Ch￿1[y.. this is llOTmaJly urM)n rM)lifl￿IOn of the inieresl paid or pavable by the inmitution with wthorn ihe funds are de￿Sl￿d. Page 19 LX)ntinue(L.. THE FREYCH HOSPITAL N(yfES TO THE FINANCIAL STATEMEIYIS- coniw•ed foT the year emdtd 30 J•#t 2025 ACcour￿JNG POLICIES- eo•timMed ExpeDdi¢ure LÈabiliiies ar¢ recog)ised as expffldiwre ￿ s￿n &$ there is a legd or constTUCILve obltEalion cotnmitting the charit). lo that expetKiitut4 li is probable a tyaTrsfer of economic ￿erits will k WUiT¢d in settlement and the a￿0￿￿t ot the obligaiion measured reliably. ExFthdiDJre L5 #Counted for on an accruals b&sis and i en CI￿lfJed under h%Mlings that aggre￿¢ ail coll related to the r•cgor)". WThere costs Can￿[ be dir¢dly attributed kn particular headiTh8S th¢y have txen 8lle&ited io ¥tiviti¢5 on a ￿lS consisient with the use of Exp¢ndiDJre on rdising titTth includ¢s all expendiiwe i￿ulled by the Chwity ￿ raise fimds for its ¢h￿itable pws #rtd itJclud¢s costs of ajl fundraLsin8 &lL*itt￿ d￿j rth-chlrithble tradin Expenditure on chan"thble athÈvilic5 i5 tturrcd on direaly under&kitig the ￿1VIll¢S whith further the Charity's objective& &8 well as associated sur4M)n c4)Sts. T*Dgibk r￿ed ￿sets 41epreti¥¢i•w At eath rerK>rting date. th¢ Charity &ssesses *"hether thu¢ 15 an). iThJiL*ion of impairm¢nT. If such indicaiion ¢X15ts. th¢ recoveT&ble amount of the &ssei is Ikt¢rnJined io higherof its fair value less co5￿ th sell artd its valu¢ in ￿¢. An impairnient loss is rccogntsed where the c4rryin8 amounl ¢xceeds th¢ recoverable amount. Tangibl¢ fixcd 3ss¢ts are initially re¢o8nised at C4JSL ar￿ (zpitsjisoj over the value of £2.(X)O. After recO￿lli￿. under the cost m4xlel. tangibl¢ fixcd assets are mtasured a cost Iw accumulated ¢tyciaiion and any xcumulaied impaitmenl lows. All ¢osts incurred to bTing a I?￿gIble fix&J &ssd into its inknded Working ndition sIKiuid included in the me&8uremtnt of(WL DEpreci&ioD is t￿1 on fr￿hOld lan(L Depreciation is charged so as to ￿10&11¢ the cost of ￿￿1)le a55ets the￿ rtsidud value over their ¢stiThated lives. oron the followtn8 b&%es." Buildings Capital repairs Lilts Fixiures and fittings Computer ¢quiwnrnt - 2'h straighi line - 2'h strright line - 4•A straight li - &15% straighi li - 33% straighi line Sorial Ho•SiDg Gramt The Charity Is Th)1. aThl h&8 never bccn. rcgist¢Ted with the Res￿7atOr of sx1￿ Housing &% a providtr of 5(Ki Housing propertits Hottsing properties art Swed * COSL which includes th¢ ¢0# of improVanen￿ ac¢umulatd depr￿1￿l0n. IDvestmeDts Fixed assei Inves￿entS ar¢ a form of fjnancial instrument atMI ar¢ iniiiallv reco￿lSed ai theiT trwjwtion Cost a￿1 subwucntl>' mfd5ured at fair v￿ut ￿ the ba]ancc d￿¢. uThles5 the cat￿1 be measured reliably i which ii is measured ai cost less iTnpairn)¢nL Invesrmeni gainsaTd Ios5e& ￿"hether reaiised or wtrealised. are combined and present¢d as Wet gains on investmettts. in the Sw¢rttetEI of fillanciai atlivitirt. Investtneni prO￿rtieS are Ion8-teTrrt assers ￿'hICh gen¢￿t rents] Tlw. are includ&1 at market value in accordanct with the provisions ol"Accounitng and Re￿￿1￿# b). Charities.. Ststrmtht of RetOTnm¢rsded Pracrice. Any ag￿gaTe su￿1￿5 OT defjcii arising from thang¢s in marka va]tt is rewis¢d in the SNemcnt of fu￿1¢￿81 activiiies. Pag¢ 20 coniinutst.. THE FREIYCH HOSPITAL NOTES TO THE FINANCIAL STATEMEN15- rolltinu¢d for th¢ yur emded Jil J•Dt 2025 ACCOUNflNG POLICILS- tomtiiued Stlx SttKk5 are Wal￿1 ￿ the lower of ¢4)st ar¥1 TKt rdisable vatLK after Tnaking allowartt for oknlete & slow movin8 item DebtOf5 Trade and oth¢r debtots are wis¢d ￿ the sellleme￿ a￿￿ttl PrepayDJfflts are val￿1 8t ￿ aMo￿t pr¢paNI. Cash #t b••kand i• band Cash at bank and in hathd includes cash a[￿ 51K)n-ienn lllgh]J liquid ini'estments with a shon maturity of three months or less frorn the dwe of wuisirion oro]xning of tk d￿￿sit or sunilar ac£ount. Li*bilities awd prowisioDS Liabilitits are recognis¢d whcn th￿¢ is an Obligati(￿ at th¢ balance stKa da* &8 a result of a past ev¢nL ii is obabl¢ that a tramsfu of e£x)￿MiC F*nefit will ir Tequirryj lll getdeme#L ar￿ the ajnount of the settlement ¢a be estim￿ed reliably. Liabiliti￿ are r¢cognised & the amoth)t the Charity aticipatrs li will pay to settle the debt or the amothii it has T￿tIV￿ as advmced pa￿llent5 for th¢ g(KMJs or servicesli mNstl)rovid¢. Provisions aT¢ mP5wed at the V*si c51imatt of the aM￿ts required to sellle the obligation. Wh￿C the effect of the time value of monej is t[￿e￿OI. th¢ proTrision is trtsed oth the prewl value of amounts. disttiunt¢d at the pre-￿ diseount that reflects the risks srttific ￿ the liability. The unwinding of tht di￿￿Trt 15 re£ognised in the Statrm¢nt of financiaj ￿l¥ll1tS &8 a futsnce c05L FiDanei#l iDStrnments Tht Charity only hL5 rJnanci￿ t￿5 and fttwKiai liabiliti¢5 of a kind qualify, as LMsi¢ financial instruments. Basic financiaj in51rumcnts are Initi￿ly Tett>gnised at tran￿lon v￿ut It￿ sub5¢qUeDily mea%ure41 ai 5ettletnent value. Taxatiott The Charitv is corLsidered to p&s the s¢tow in I Schedule6of the FiTwKe Art 2010 and ther¢fore it mths the defTnition of a charirable compan¥ foi UK £orwkrntion w purwses. A¢cordtngl)'. the Ch￿1￿. is Jx)ieniiaily ex¢TllPt from ￿Kation in rcspeet of income QT capithi galns reeti*ed ￿1th1￿ caregories covered by Ch3pI¢T 3 Pan I l ofthe Cotw>ration TLX Ari 2010 or Seaion 256 of th¢ TaKation of Chargeable Gains Ad 1992. to ihe extent thai such inumne or gains arc zyplied exclusively to ¢haTitsble PU¥F￿5 Unresrriaed tund8 can k used in xrordaTKe with the ¢haritable Obj￿¢[￿¢5 at the discNK)n ofthe trustees. Re$knct¢d tunds can only k used lor p*titular restrict¢d PuTF0S￿ w'ithinthtobjetts of the charity. Restrictions arise when specified b). (knior or when fuwth are r￿5¢￿ for Wi¢ulaT rthded p￿r￿Se$. Further expl￿ation of the nature and purwst of exh fvnd is included inthe no￿ to the fir￿cIal statements. PeLsititt tosts #nd other post-ret1ffD￿It be*efits The chtiritv QP¢Taies a defined eonirihjlion sch¢The. Coniribjiions ptyable to the chariry's r*nsioTh scheme ar¢ charged io the Sta*m¢ni of Fi5w￿la1 Aaisiiies in the p¢rid kn which they relate. Page21 continued.. THE FRENCH HOSPITAL NOT&8 TO THE FINANCIAL STATEMENIS- comliDU the yureuded 30 Ji•e 2025 CRtricAL ACCOUNTING EsnMATLS AREAS OF JUtKEMENT E5timat¢5 WKi judgements are La)ntitMolly evaiu•ed ar¢ b&soJ ots hiS￿ri￿ eX￿rience and other fa¢tor& including exrKrntiOJL8 of futute evfflts are trKlieveJJ ￿ be reasonabk the circumstances. critic￿ ot¢owtyng cstiM￿tS arbj &s5umptions: The Ctharity makes estimate5 aT￿ a￿￿￿pI￿n$ concerniThg the lutw¢. The resuliing accou￿ing esiimatcs and assumptions will. by definitioTL ￿lL￿￿ equal th¢ relaknl rtsult& The esitmatts and assutnptioJ)s that have a signifjrani risk of rausitkg a M￿erIal adiusthi¢nt to the carrviThg amout*ts of a$5¢ts ar￿ liabiliiies within the next firwicial year are discysscd below. Tangib1efued￿Ve1S The Charity has re£o8rtised tangible fixed ￿ with a t&rying value of£483.870 ￿ the ryrting date Isee no 141. Thes¢ a5s¢ts ￿¢ swed w their cost less ptovision for dq)reci*ion and impairrD¢nL The chari￿s accounting policy sets out an apwoach 10 calculaing Ikprxl￿i0n for immakn]￿ assets wuired. For material assets such as iaThd and FxJilding& the Charity" dfflernJitKs ai &quisition r¢liable C￿lmateS for the useful econorDic life of the asset. its residuaj ar¥J decommissioning tosrs. TIKse ¢siima*s are based Such factors &% the expected Use of ihe wuired &%sei and markrt corMIiTions. .41 subsequthi T￿rt￿8 dat¢5. the TTusie£s wn5ider wh¢theT there are any factors su¢h a5 ￿r1￿m)logICal •jvaL￿t￿a)ts or dwige5 in marka cortdttiohs that a need reconsi(kr the e51im*¢s used. are itidicaknts the canyingvalueof￿gibk r￿ed be impaireAI, the Charity und¢nake5 the tests lo det¢rmin¢ ihe recoverable amoutst of assd5. These iests require estim￿¢5 of ih¢ fair value of assets less cost 10 sell and of their value in u8¢. Wh¢r¢v¢r p)ssible, the t￿lMate oltk fair vajue of ￿ets is based u￿n observable market prices less i￿eMen￿ cost for diswsing of the awL The I'alue in use calculation 15 b up)n a discounted flow m(MJ¢l. based the Charitv's fOr￿￿8ts for the forese¥dble fviur¢ which do not intlud¢ any r¢structuring ￿]vilieS the chari￿ is T￿1 va commitkd lo or signitiuni timire investhjents that will enhancc the &8set's perfoTm2n¢¢. Th¢ recoverabl¢ am0￿1 is ttiost s¢n5Ltive ￿ the discourtt ]*te u3¢d for the disCOUrtted ¢&8h flow model well as exrrtaed fuiute cash (lows and the rzte used for ¢xwarN)lation DONATIONS ￿YD LEGACIES 2025 2024 tknnations Frien(18 of The French Hospithl 24,078 30,847 1.7( 25.741 32.551 INVESTMENT INCOME 2025 2024 Rents r¢c¢iv IrKome trom listed tnvestmertts Jnteresi reeeiv2ble 135.952 IIN),705 135,616 IIKTr.217 16.085 253,051 251.948 Page 22 coThiinued.. THE FRENCH HosprtAL NOTES TO THE FINLWCIAL sfATEMENtS- co•liD•ed for ¢he year emdtd J(1 Jwwe 2025 INCOME WROM CHAR￿ABLE AcrtVlTIFS 2025 Charitablt 2024 Tots] livilies AlmsE￿U5¢ (y)ntributiorLS Teetivable Sundry income 498,640 4J4J93 502316 436J89 RAISING FUNDS 2025 2024 Investm￿1 Ma[￿ement fets 20JO8 20.611 cHAR￿ABLE ACTIVITIES Costs Dirtti Support tosts Istt Dote {stt 91 Tola Cha￿tabl¢ 618J31 19.726 708257 DIRECT COS15 OF CHARITABLE ACtIvmEs 2025 2024 Staff costs Uiilities and Ates Insuran¢¢ Rqmirs and mainicnattt commerci￿ prop¢rti¢5 (direct costs) Adjninistraiion Prof¢55ional fees Idirect costs) R¢sidents' activities Maintenance of £olkction5 Charitable giving Depreciaiion 241.153 53.556 12.(p14 330.747 25,234 25.810 17.683 31.205 25.502 12.728 48.235 69373 12383 132.751 JlJ58 18332 15057 41A27 251,699 7J15 688.531 824,497 Page 23 ontinued... THE FRENCH HospfTAL NOTES TO THE FIliANCIAL STATEMLYfs- for th¢ year ended JO J•*e 2025 SUPPORT COSTS Governance SuptM)rt costs 19,n6 Swjport (x)$15. includcd in the are follo￿. 2025 Support costs 2024 Tota] tiviiies Auditors, remuneration Professio[￿ ftts 2,070 12 J70 1SJ62 19.726 28232 TRUSTEES. REML.P¥ERATION LYD BEWEFrtS There were no tru5t¢ts' TanurKration or other be￿rits for the ve8r 30 June 2025 nor for the ended 30 June 2024. Trnstte5' expense During the year, Trus*es r¢¢eiv¢d anv remw￿￿110n or irnefJts12024- £nil). During the ye￿ ended 30 June 2025. expen5¢S lotalling £837 were reim&w%d or paiddirt£d) to 3 Tn￿(2024 - £708 10 3 Tnjsittsl. These %4"¢re paid in rel&ion to trdv¢l incur 12. STAFF COSTS 2025 2024 Wages a[￿ sa]aries soci￿ g¢CUTity costs Other pension Lxlsts 215J18 14,704 217,706 15.593 7.854 236J60 241,153 The aver88e monthly nurJ)bcT of ￿plOyeeS dwirt8 the y¢ar was as follows.. 2025 10 2024 Almshow¢ staff No ￿pE0Ve￿ receiv&1 emoluiiJ•Jts in exctS5 of £60.(￿. The reTnun¢rdiion and trKnefits. including ¢Jnploi¢rf$ national insurat*e Contri￿[￿rLS. receival bv the Charity's key management persotthel arno￿*d ro £123.03812024- £146.OI31. Pag¢ 24 ¢ontinued.. THE FREYCH HosP￿AL NOTES TO THE FINANCLiL sfATEMENIS- ¢￿tI*￿t￿ for tht ytar*•dd 30 Ju•e U125 13. COMPAKATIVES FOR THE STATEMETrqT OF FINANCIAL ACTIVITILS Unr¢strirted R£stric*d En(bwm¢nt TDtal funds INCOME AND ENDOWMLYfs FROM t￿nationS Ic8XiCS 32,551 32.551 Charitable activiti¢s 4J6.889 436.889 Inv¢S￿ent income 225.992 4.992 20,9 251,948 To¢al 695.432 721.388 EXPEf4DtruRE OIY Rai$ing funds 20,61 I 20.611 Ch*iitabk adivitits Direct costs Support ￿sts 816.444 28232 8.053 824.497 28,232 T4ts1 865 873.340 N¢t gwns on inw¢sthients 265.180 8.681 36.461 310.322 NET INCOME 95.325 5.020 57.425 158.370 RECONCILL4TION OF WLryDS Toial funds brought fO￿"ard 4.647.871 2¢￿.6￿ 542.528 5.395.089 TOTAL Fuf*DS CARRIED FORWARD 4.743.196 210.310 5W.953 5.553.459 Page 25 rx)niinue&.. THE FRENCH HOSPfTAL NOTES TO THE FINANCIAL SfATE.MEf*TS- t•mlimued f•r the yur e*dt•l J(1 Jwwe 2025 14. TANGIBLE FIXED ASSETS PTovidtnce Lifts Totsis COST At l July 2024 aThJ 30 Jur* 2025 DEPRECIATtON At l July 2024 Cha￿e for year ,126275 64J86 79J61 ￿15 i.J90.661 At 30 2025 67201 72W7 NET BOOK VALUE At 30 June 2025 483,870 At 30 June 2024 5(Al.1kn5 5.981 566,046 15. FIXED ASSET If4VESTMEY15 Lilled inV¢5tTnents MARKrf VALUE At l Julv 2024 AdditLoll5 Diswsals R¢valiJations 3.787.￿5 495.433 {357J1771 1231 At 30 Jwie 2025 3,92&138 NET BOOK VALUE At 30 J￿e 2025 AI 30 Jun¢ 2024 3.787.905 Thtt¢ w¢re tKb LtIV¢51D)eni oirtsid¢ the UK. m￿erial iovestsD¢Nts ail IM)Idin8s that reprc5￿rt more than 5•/•of the Clwity's iotaj ¢x>rtfolio.' 2025 ?024 CazerK>ve Chan"tsble S￿sta1￿abIe Mulii-Assffl Fund 58.144 1.325.449 iJ58.144 1,325.449 Page 26 Conlin￿.. THE FREIYCH HOSPITAL NOTES TO THE FINANCIAL STATEMElYts- tontiiued ftsr tht ye•rt•ded Jil JMDe 2025 FIXED ASSET I1¥VESTMEf￿S- e•*lim•ed Co# or valuation at 30 June 2025 is represented by.. Ii5ted imves¢rneits Valuation in 2025 239J34 3,926 138 16. INVESTMENT PROPERTY FAIR VALL'E Ai l July 2024 and 30 Jun¢ 2025 J.096335 NET BOOK VALUE At 30 JUN¢ 2025 AI 30 June 2024 1.096.235 The Charity has incoNxe from eommerciai tenancies from within 3 PToperties. of whieh fo￿ part of the altnshouse complex. Thest properties are used partij forthaTitsbl¢ purwses and partly as investment propertie5. the invesrment parts Gotnprising ground fl(x>r shops or oifices ihai aTe Id out al a commercial tent. Th¢ Trustees are of the opinion thaL as ihese No PTop¢ni¢s forn an Inte￿￿[ pan of the almshO￿se a￿￿11)QdatI0￿. Ihey have no readily available markffl value. Therefore. in the fir￿￿L2[ st*em¢nts. the Origi￿ tost of these prottnies has been ￿￿ed for their deemed tnark¢t vaJu& These two prvpcrri¢s art irKlwJcd within La Providence in Note 14. Th¢ oth¢r PTopty'. 95 High S¢rttt. Roch¢ster. MEI ILL does JMA includ¢ an), a]msMus¢ accommodatio￿ at)d its a5S¢t Yajue app￿rS at•)se. The vajuation of 95 High StTm wa5 btr" thE Tru5tee5, on an orth markd valu¢ for t.￿ls(lng use basis. on 30 June 2074. Ihele has becTr rm) makrial ch￿¢ since the vatuation Tna(k on 30 Junc 2024 and ther¢for¢ the prior %alu&ion hts be¢n r¢thin¢ 17. STOCKS 2025 2024 Anniv¢Tsary Erfy)ks stock 584 DEBTORS: AMOUNfs FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtor5 Other debtors Prepayments artd ac¢nKd irKome 20.398 1.3(X) 4.065 69 29,441 53,758 Page 27 ¢ontinu¢d... THE FRENCH HosP￿AL NOTES TOTHE FINAf*CLIL sfATEMENIS. tonti#ts¢d for the yev ende41 Jil J•#e 2015 19. CREDftOKS: AMOtThY15 FALLING DUE WtnllN ONE YEAR 2015 2024 Tr&Je creditors TaX￿lon ar¥J s(Kial secLrity 16,656 4,013 62,123 132512 149,95 82,792 ANALYSIS OF NET ￿SET5 BrnVEEY FLNDS 2025 2024 Urfftstricled Fixed ass¢tS ]nvcstmetkts 483*70 S022J7J 273W6 {149.9S81 4193519 273A46 1149958 213179 614945 4.884.140 186.(kn5 1817921 Current lithtliiies 213379 614,945 S629,731 5.553.459 Comp*r¥tive fOr4￿lY5*S of •et*sstts 2024 Tolal httd$ 2023 Fixed Invesmiwmeni titt)d 20.964 36.461 57,425 TOTAL FUNDS 721J88 873J40 310322 158J70 Page 30 coniinue4t.. THE FRENCH HOSPftAL NOTES TO THE FINA￿CIAL STATEMENTS- co•liD*ed for tht ye*re*dd 30 June 2015 21. MOVEMEP4T IN FUNDS- tMtim•td Th¢ des1￿￿ed fittmb includ¢ a Cyclical Main*natKe Fund whith tX15ts to hDld a res¢rv¢ at year eMI th8t jS£4)mmensiirats with the liabiliD'. thatFK>ini inthe five-ye¥tycle. forth¢ cstirnated costs &%**iated with the Charity's nexi quinquenthiai ￿aint¢￿anCe atwj redecoration progrdrnrne. Ai the ¢otnpletion of a quinquenni￿ mainienancc atmi decoration Fffogfdmme. the fi]tKis held in this reserve are applied againsr the costs of the quinquenni￿ prograThme. Th￿. the e%penditur¢ for which these fu￿1$ have be￿ set asid¢ is ex￿ed to Jncutyed within fib¢ yvars of the d*e of d¢Sign￿L￿n. E&h year. a ran5f¢r is rnwje io ihe designat Cyr11G￿ m￿￿¢[￿￿¢ Fund. to trALild up th¢ balance of this ahcat of thc TKxt time swh works 3Te r¢quired. The desiwttd tunds i￿1￿je an Ex¢rn)rdit)ary R4Mir Fur¥1 ￿h￿ch eX￿ts foT the of Providing ftsT the ¢osts of an>. extr&irdinm wair. I￿pT[>s.￿lenI OT Tebuildithg of Th¢ Fre[￿h Hospithi's aimsiKMts¢s or other prO￿nieS as may ￿ fort5¢¢abl¢ ￿ being nccess8ry at fuwre dare. tkning th¢ vcar. £1.360,000 12024 - £175.0001 w&% transfured from the Gener￿ The re5triaed futxts tompris¢ thr¢e re5trÈc*d fillmts %"hitb were atl given for partic￿8r purw>5C5 and projects. Thesc rtstricled fu￿15 Jre.. Trusi Fund Capiia]. TtU5t Fut￿ IrKome and Betsrd BequesL The Trull Fu￿1 Capital and Tntyi Fund I[￿me art g)lely (x)mpri5&J of the (￿lE1ft Fwid (see below). Thi$ fimd exists to &8SI$I pv50ns of French descent are in need. The Betard Bwuesi monies were d(xw*d aThJ are appli￿ to Tr FrLIKh H05pits] rKojeets that will 'improve residtnts, mobility". Trnst Fuid Capital Market value at JO JuDe 2025 value at 30 Junt 2024 Gainsl Ito&sesl Trdnsfern inlout Outgift 107.295 1.6251 Trust FuDd Ineome Baiancc at 30 June 2024 B•lan¢e at JO 2025 Reinvested DiAriEdKe41 Tr3nsfeTS income in year inlo Outgift 89.353 5.194 94547 22. PENSION COMMITME.Yrs The Charity op¢rJt¢s a d¢finoJ coniribuiiot)S I￿810n ￿herne. The &wts of the ￿h¢1￿¢ are held separately from th0￿ ot. the Clwit). in an independenilv adMini￿er￿ fund. Thc pension com charge reprtsents contriburions pay2blc by the Charity lo th¢ fijnd and ajnounied 10 £6J38 {2024- £7.854I. As ai 30 Jun¢ 2025. thue were £1.895 ontributions outstanding12024- £1.3841. Page31 continue(t.. THE FRENCH HOsP￿AL NOTES TO THE Fif4LYCIAL STATEMEIY15- tolllitilltd for tbt yt*r ellded JD J••e 2025 cowriNGENT LIABILftiEs On 19 March 2014. ThE Frenth H05pithi w&$ t￿Ents1 a$a￿￿O(the Herithg¢LA>tw Fut¥J'sgmi forHugUe￿1 Heritsgecentse proj¢ri Underthe Heritage Lottc¥)' FurYf5th￿ StsndardTertn$ofGranL thertexists awssibility of 3 rU￿ncial9b1J￿ioTr by TheFTench Hospi￿[10 theNatiOn￿ Louery Heritage FutMI I"NLHF"l in ¢i￿UmStanCeS in N*hich either The Mwurn clMY)5es to re1￿C witlK>ui NLHF peml1ssi¢)￿ or in which it ceases operate. On 2 August 2023. The Hugutnot m￿eum charity. irmkptsthtlv of Th¢ French Hospit￿. received a £237.620 from theNLHF, eniitla-The Huguemi A New FUll￿t", and th¢ MU￿arn <¥)ntinU23 to strive 10 achieve a finaThciJlv sustainable of OPrniOTL Tr Direttor¥ of Tr French Hospitsl rnaintsin their SUp￿rt for The Huguenor m￿$t￿m aThJ its aim It is imprdcticable lo q￿an1]fy the exieni of anv w)55ible fuhThciai obltgaion th* may 5rill exist in Te5pect of NLHF'S grant of 2014. and thus tLO liabilit5" Ffflaining 10 this matt¢r is recognised in thtse financial stsiements. The Trusiees cotjsider that this i&sue Wei￿1¢¢$ th¢ Chariry'5 ability to ¢OTLtinue a5 a gom8 COrtcertL 24. RELATED PARTY DISCLOSLIiES One of the TnL%ttes of The French Hospital. narnels. P J [￿Val. also Serv￿ as a Tru￿ce of Hugu¢twt Heritsge Centre {ch3Tity rjumber 11583041 for at I¢￿ part of ihe fiJthncj￿ ￿der review. During th¢ )'¢ar erthd 30 June 2025. The French Hospitsl rec¢ii¢AI £29.69J (2024- £25.5021 from Hugu¢*K)t Heritage Centre for therent of the premises, pl￿5 O totsl of £9.483 (2024- £72971 in r¢srKa of rttharges of waier. eleetriciN. insuratKe Costs and payroll tosts. As at 30 June 2025. tlwe a balantt 0￿￿8nding of £10.640 (2024- £8.41)). Two of the TnI￿ee8 ofTh¢ French Hospital. namelv C E M MartirKauand P J Duvai, ar¢ai80 IT￿eeS ofNorwich French Church Charitv IchariD' number 2128971. thJriThg the %eaT th(kd 30 June 2025. The French Hospitst ¢iv¢d £5:3I512024- £5250) frotn Nornidj Frulch Chw¢h Charity. Page 32