Huddersfield War Memorial Trust Fund Trustees, report and accounts 31 December 2025 Registered charity No: 220016 Hu¢thler5lieid War Memorlai frust Fth)d Trustees, report and accounts Contents Trustees and advtse Rem of the trustees Statement of trustees. responslbilitle5 In respect of thè atcwnts ITKome and E¥petKllture Account Balancè Sheet Notes to the a(co￿ts lThJependent Examlner's Report HLxlderSf￿Id War Mernorlal Trust Fund Trn5tee5' rewt and account5 Trustees and advlsers Trustees Major S M Armitage Captain A M hlohr Captaln l Filtan Lt Col S Thom15 Lt Col S Ha￿xI MaJ J Dodd5 Rev P Wllco¢k Mr P Crowther Mr K Bhull)r Mrs S Greenwood The Mayor of Kirktees Chairnwn Secretary Ex.off?do 5ecr•tsry to the tJwtee5 A M Ilthr MA FCCA Any quertes shwld be addre55ed to the secretary of trustees at: 1 Mon Abrl Am15flE*ld Road Hallfax HX5 8NE Indep•nd•nt •xamln•r Hodyon Hey kcountants & AthAxrs lknlder5fleld War W￿MorIal Trnst Fund Trustees. report accounts Report of the trustees The Trustees present the re￿rt and accounts the year wxjed 31 D(rembèr 2025. Constltution The Trust Fur¥J Is constTtuted ￿ a Declaration of Trusts dated 9 May 1922, as mrAJrfied on 15 Aprll 1957. The Trust Fund 15 registered with the CharTty CoMmiss￿fi (registered number 22th)161. Trustèès Changes to the Tfu5tees durirwg year are Th)ted LM page 2. Revlew of the year The Tntstees contfjn￿ to monitor the gw*ral state of the War 141ayK)rial and 5urrourkls in Greenhead Park, Hu¢*Jersfieid and apFYeaate the conskler2t)le a55￿tance by KTrklee5 Metrwlltan C0￿clI in thss rÈ5pect. The Trustee5 report an Increase In Tr￿l￿e from investments of E1,751 fro £35,840 to £37.591. Bank irterest red￿ed to £540, and with a private (*Jnatlon of £25 the total income for the year was É38,156. TheT1￿eeSap￿ts¥ed total paymffits madè to benefitlngchatlties of £35,0(Kl 2024.. £34.5CQI re$￿tIng in an i￿(￿ne for ￿ year of £2.877 Compa￿ to 2024,5 inccmè of £1,739. The grants pald durfng year were aPpr￿ed by the Tn￿tee5 at a meeting held in Aprll 2025 and payments were Issued In the follovATh4 nh)nth. The ￿arKe at thè bank at 31 December 2025 increased from £40,501 to E43.380. Revalu*i(m of Investrn•nts Charffund's *cond-half distrtbutlons amwnted to 55.5p, tslnglng total payoLrt for the year endln8 31 December 2025 to 94.5p. Thts represents an IrKrease of 5% on the 90p distdbtrted lft 2024. Thls ¢ompares with RPI lTrfiatlon of 4.2% in D￿eT￿l 2025. Total return on M&G Charifund over one ye¥ at 24.6%, Just ahead of the FTSE All-share be￿hmarkI24.(rXi, and ¥￿1 ahead of IA UK Equlty Inc¢)me fund sector average118.4%1. In capital.only tèms lexclihlSng incornel. fl￿ delivered 17.3% over oneyear whkh was ahead L)f UK RPI Infiatlon 13.8%>" our annualised capital￿rfy retum Temalrts ah&id of Inflation over three years. The UK market gained agaln In December, cÈNnentlng a very strtjng final quarter. Asset auocation added value, whlie stock selettlon detracted rnfyjestly. The oVe￿e15 p￿Itknn in the fund cts5t some performar￿e. The dlvldend yfel¢J sto(Kl at 5.47%, a prernlum (173% vefYJS the average yield on the FfsE All.Share Index13.16%1. Havlr@ deifvered a total ann￿1 dlstrfbjtion of 94.50p ￿fjCh repre5Wts another year of atrnve-fnflation Income growth In 20251+5% versus 20241, the team continue to be encourapd by the growth and securfty of UK dlwdends and we remaln fLXLEed on airnlryl to deliver a further Increase In dlstrltrwtknns that uitlrnately comes in ahead of Inflatic** 2026. The of the Trnstees In each year ts to dlstrfbjte 9￿StantIallY the ￿l￿e crf the realtsed Income to the benefltln8 charttles after taklng into account any expenditure requlred in relatlon to the War Memoroal, while retalnlr8 the capltal funds In order to pro¥klt a svnllar and contlnulng Iwei of Inccffie In the futu￿. Annual Gener•1 M••tl The annual atcounts for the year tMN1ed 31 D¢ranber 2025 wlll te cotsidered at Annual General Meeting to be 28 2026. Signed behalf f thet tees S M Arniltage Cholrmon and Tr A Al Mohr Secretory ond Trustee e¢ 28 Apr 2026 HuthrsfTeld W•r Mem￿al Trust Fund Trustee5' reporr ènd account5 Stat•rnent of tru5te•s' re5pMslblliknes ks rwp•rt of the accounts Law 4)plfcable to charitle5 In En8iaTrJ and Wales requ*￿ tnt5tees to prepare flnanclal statements for each fina￿7a1 year whfch glve a tr￿ and farr Yle•4 of the State of affairs of the charity at the etKI of year arKJ of its finamal artivitTes duriff4 year then eThlaJ. In prepartng those flnèncial Statements. the trusLee5 are requTred to: 5ele¢t Suitable ac(￿jntfjng polkies and then apply them ccfflsistently. make Judgements and estimates that are reasonable and prtht. state vknether applicable acco￿)tIr￿ stan(Jards and statemerts of reC0mn￿nded practice have been followed. subject to any mat￿la1 departures dtsclosed and explalned In the flnancial statements. prepare the finarKtsI statements on the Soing ccncern b3sts ￿lesS It 15 Inapproprfate to presume that tho charity ￿11 contlnue in ￿ratIOn. Th& trust￿$ are responsible for keeping accounting records ￿lCh dIscI￿ wfth reasonable accuracy the flnancial pY)slticm of the charity and which enable them to ensure that thè fIna￿ lal statements comply with the Chthties Act 1993. They have general responsiblllty for taklng s￿h steps as they are reasonably open to thLm to saftyjard the assets of the charity and to prevent and dete¢t fraLKI and other Irregula￿ties. HuddersfWd War MeM￿al Trw5t Fund Trustees. repurt and ac￿jnts Income and Expenditure Account Statement of flnanclal activlties for the year ended 31 December 2025 14ot¢ 2025 2024 Income In¢ome frnm Investrnnts onatl Bank Interest 37.591 25 540 35.840 583 Gran Grants pald Qther payments J8.156 36.423 135,CrfKII 12791 {34.5001 1841 N•t Incom• Ild•fi¢ftl b•for• r•v•iu•tlord and dfjspomll of fnv•stm•nts 2,8n 1.Y39 Ihw•rtm•nts- unr•allwd r•v•lu•tloni 14.303 15,591 N•t rr•)v•m•nt In funth Funds ￿t fop*•rd 17,110 17.)30 645.230 662.560 Fundi urrl•d fonY•r 679.740 662,360 Of whkh.. lTrvwtn￿t r*v&luati Oth•r $86.7th) 93,040 572.397 90,163 679.740 662,560 Hthsjersfletd War MÈrncfiai Trust Fund Truttees. rewrt and accounts Balance sheet at 3f Decembtr 2025 2025 2024 Flxed ass•ts Investments 636.360 622,059 Cash and l)ank d•posfjts HS&C 43.380 40.501 N•t 15xts 679.740 662,560 Funds Investsnents r•Va￿alkn res*rye Other reser￿. . ¢bnln8 balanc• . Ar￿n8 In >tar 586,700 572.397 90.163 2,877 88.424 1.739 93.040 90,163 679.T40 662.56Q The accoLmts were approved by the tntstees on 28 Aw 2026 and were slgned on thelr behalf by: S M Armlta Cholrmon and frustee Ammohr Secretary Trustee Huddèr5flEld Warlkmorlal Trust Fun Tru5tees' rem and accotsnt$ Notes to the accounts Accountlnl polk? Basis of preparatlon The acccyjnts have been prepared Ix) the receipts and payments basts, under the h15torfcal cost convent1￿, as modlfied by the revaluatioft of investments, and In accordance wlth the Statement of Recommended Practkn120051 "A¢c¢Jrtlre and Reportlng by Charftles". Use of th• trust lujxl UThler the terms of a Declarati￿ of Trust dated 9 1922, as aM￿ded ￿ resolutb)n passed at a Speclal Meeting held on 15 Aprfl 1957. the Trustee5 are réquired to hold the Tnjst Fund and all Income arising therefrc¥n UF4)n Trust. and to apply the income for the repair and malntenan¢e of the War Memorfal In Greerthead Park. H￿Ider$fIeld. for the t*nÈflt of persons in necessltous clrcumslances who arè or have been members of the Forces and are resldent In Huddersfield or Its vlclnTty, or for the benefit of any home or I￿tItUtIon for the sicl(, poor and n￿Y wlthin a radlus of 20 miles from Huddersfleid Town Hall. Investm•nts lknk•¢ va￿ 31.12.25 31.12.24 2025 In¢om• Z024 Incom• Wld•r Rany M & G The Eryltl•s hwestrn)ont FL￿￿ fer Chthtses 37.875 Income unltslsee note) 1.469.52p IIWII: 1,556.2ClJl 33.390 575.058 557,673 35.791 34,088 harltles Glliclal Invtttment Fw 2,940.68 Incfjme 232.05 IncLry sh￿5 15.081 5é.819 1,190 4,413 59,676 4.706 1,668 131 1.624 128 49.662 636.360 6ZZ.05f 37.591 35.840 Alov•ffl•nt fn Y••rlrKr••Wld•v•**l £14.303 £15,590 Tot41 market ￿lue at 31 Decvrter fn the twelve bwrs to 31 De¢ernber 2Q5 was a5 foll￿$. 31 DÈcemiw 2014 574,565 31 De¢tmber 2015 573.438 31 December 2010 615,025 31 DeC￿bIT 2017 658.854 31 December 2018 584.806 11 December 2019 6e2.578 31 Decttnber 2020 576.895 31 1)ecen**r 2021 654.571 31 Dec*mber Z022 614,166 31 Decern￿ 2ff23 ￿,467 31 Decerthr 2024 622.058 31 Decerthr 2025 636.360 Htyloèrsfleld War Memwial Tnjst Fund Tr￿tte5. rep¢xi and accounts Notes to the accounts (contlnued) Inve5tm•nts l¢ontlnued) DIstrib￿lOn$ per unlt have te￿ as follm In the last ten year5: . Quarttrty dhtribwtlom ￿arterlY dfstrlbutl￿s 2025 2024 2025 2024 2023 2022 202t 2020 2019 2018 2017 2016 90.C 85.50p 83.IXJp 74.¢JJp 67.oop 74.75p 7f.ocp Qu•rt•r 1 14.00 25.tyj 5.302.52 9,468.79 8.521.91 498.80 13.50 24.50 20.50 31.50 5,113.14 •,279.41 7,764.40 11 930.67 33.ljo 35.792.02 34,017.62 Gr4nts 2025 2024 uddersfl•ld and Dlstrlct Anyty Vet•rarts' A¥￿atkn R¢yal O￿tIsh Le8lc S¥idlers' 54llors' Alr￿en,$ Famllles Asx