h•rity registratlon numb•r 223262 IEn9land and Wales) Company rtrglstratlon numbor 00482334 EOTHEN HOMES LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
EOTHEN HOMES LIMITED LEGAL AND ADMINISTRATIVE INFORMATION TrusteÈs k4r l D Ttsmnson Profess(xA TIK)mas DrAV&n Den DT S Mi5hreki T A Mcllhimey Ms 1.1 Erny Ms L Marsh Chiot Exeeutlve Mrs J M Hearl Company Sècrètsry Mrs B Wdson Charity number 223262 Company numbor 00482334 Reglstered office 15 Berrw C(xAri rthLtmberland Businw Pat* CYamliyvJton NcKthurn.Tknd Enylan NE23 7RZ Audltor Robson LawJterAc£ountts Llmibj Femwood H¢x¥sg Fomwood Road Jèsrmtb NaYc2sU8 urM)n TyTro TyTrg 4ind Waar England NE2 1TJ Bankers Bwclays Bank P ¥Yryrove Newcasue West Grwp Newcastle w Tyn¢
EOTHEN HOMES LIMITED CONTENTS Page Tlustoes, r4)0rt Independent atKJllrfs rewrt 9- 11 slement ol flnanThal actlwties 12 Balance sheet 13 Stalemonl ol casli flo 14 Noles to the tinan81 sla1P1s 15-22
EOTHEN HOMES LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The ttuslees present Ihr arnu81 repKx18nd frnwial statemwts for the yew ended 31 March 2025.
fin?rKial statements have besn prepartsj in tt0 wilh Ihe aLrtir poliues sel out in 1 to the
linancial slalemen'.s and cunply lsrylh the chiWs ty)vemhng (k>cumenl, Ike Compir nie4 Atl 2006 and 'ActountintJ
and Reporting by Chartlies. Statemant of R(Kcmmoncknd Pradicc applicatrAe io ClrI,.1& weparing tkieir accounts kii
FIr.rdance %¥ilh INP. Finrinrial ReporlwYJ Slandard aKylicat4e in 11)e UK and Republic of Irdand IFRS 1021"
lerrective 1 Jai)sJary 2019).
Objectives and acts"vities
Ethos, values. aims and objecllv•s
Eolhen Homes ss 3 resyecled and Irusled wdl-eslat4ished Christian chaiity fou10 1950. The Ch8dlls obleds
I'lhe Objects'l are lo proVe care tor ekjotly [Son5. vrith 8 Chr¢51ir1n fram#rk eihos. Our ain is to provldo
quality rogdonbal caro and sUpYt. $ho¥ving comsk7ssiM and undersland,.ng. and wotridino a homdy cnvironmenl
Wtlh sale. qualily acc(xnmodatbn In ¥thich residents a treated with digntty a1 TQSPQCI.
Care prcY4idod is Icknblo and IrKliwdualised lo meel physical, em0.0n31. spirilual soc4al needs. ROSIden are
encour4ed to live life lo Ihe ILdl. and erioy a Ifes1e based on eath person's abiliti(%. ter£ts and life l)islory.
Wu rogdrd our ornpby(M)s as our groaiesl agsel and e iacnjitmènl on our valuès lo ensure (hose
who genuinely Lare. We c(Y)ts"nually invest in training aThY pr0desOal devgloprnont to ¢x7FJJre statr e experienced.
ijedicaled and skilW.
Our Values
Empathy." We WEI aim to under5tarKI ollr people's experien(Es 8nd Os hnp(Mtsnt to them. sh)wng C¢stran
con)niilménL cA)MpasOn, k)ve and kn"ndness.
Opennes& We vill open wr do$ and our heats. be approachable. ac¢ept oth8rs always1Sstèii tr> fèedbad(.
Truslworthiness". We WAI with integrity a1 tranSpaTe n evetythiro y do ptUVKle o safe ar1 secure
environment.
Honesty: We hil tcgetheT to act twthfulty and LWI honesl IXXnTNnkation.
Equdlily. We wlll ireal everyorie wlh rès[ aTrJ couriesy. promottt¥d faTrr YVvC War12.
Nurturtng: Wo WIH vautt and everyone. cwlin9 a sense of bekffj" kn a fAriffj. safo and happy
environmenl ivre peOe are supported to aC.6¥e their lull ¥ential.
ObJ¢cti¥os for th$ y8ai onding 31st March 2025
Ensuring thè care we provkle is excepti( and ol a (onspstenty h¥th ststhrd, is flexible lo nieet thg
increasing needs. expectatior)s and demands ol ow rB5idBr¢ls famil. Resident dependency and
oclPancY bo GwtiDUal [TltorBd alDISKIe slalFow fabo %thich Is iicreased or d8uoasod as roquwvd 10
èi)surè dppruyrk4le lÈvels sidtt arè mainiained.
To rnaintlr in g(K)d (KGIJP
EOTHEN HOMES LIMITED TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT} {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Oblectlves for the year Icont.) Our ComrAiflDCe. aTiU Hu.'iie Managers WAI focw resdenl care and ewrienEes lo prepare for the chang0s to the CQC Inspection Framework. ProvKl8 Iiaining arKI SUPfK)rt for Duf elec.1¢ SySt0rn5 to ijtilise It to its full potential nd prosidè'under Our Wing,. our thyii besEK)ke dements"a trainrKJ to r99dnntial ho¥nes. To deyelop Ihe pr(40rt co-(YdinE1tr Tole lo manèp rélurbishnwt prrJrArn w MnI"n the quality of accommorJ¢iliM (.'urrenlly pro¥ed and to Knprove farAI."tEs whh ivill pruoide rfK>re w'aried and slimul¢iting 5Jreas In tho gardens, wliere Lhe residenis can be inVoed gnd ha¥c app(TrrtunltS b) Sha ioeas. strategles 6mployod to achieve obleetlves The truslees aTid senior rnanagenxnt team continii¢J lo T1e the PErkym3no the thrity and lor the lulure, we aim lo en511rc the o.'ganisaliun i8 secure aiid ablè to dèvdw, iyhilsl reTtIng a Inanageaa svze, so that quahly of r)tst c(x)ipronisad and tho rtharitys aims. obh>#ivos vdues contiuo lo mel. Eothen GurtoDtly the Lapauly lo provth 24 Mur ¢8nlerad SUF¥)Ort lor 135 individual8, 71 residenti¥l Lare. a1 64 SPGcialist dementia caro. Our ha& sjre ILu1 al G051orth. Whitley Bay 8nd Waysend ai)d are purpose bu..It. specialist f&ility 81 W8llsend proides small scale hw5eld living using the 'bUttoY M[£1 of re.. dgsigiTred lo provKle freedom and ()Thce fix those liviny 11) denieitia. We offer fvll and variEYI activity prLyJramme5 which are alDed wth oijr Ethos aTxl Values and we empkjy riclwlty r.n.ordinalors at our homes to ensure that 0 yowdt) Christian fell(YiYsFiip aid Pastoral Support lo metrl Ilie needs ol Èach Indival. bye have relalioriships with local univwsit¢es, cAle9e$ schools. We ollei work experionrp Rnd sludent nurse placements. along wth nvts¢)ry 5chod ¢hllerer) who are ¥so regular %1¢Or5. We aim f oiir rp.SKlenls lo Irve at Eo:hen as long as possiblc, w(xking health care profesOal519 prijvide end of lile (:are and lull support for b);h the. resKSenls their lamilies. Resple Gare is pioiqdod if rCm$ aré available, as well 85 day caro for thoso In th8 txJriimThily may be kJneFy and nood e.xlra supyori. Ye are committed to stsff IT[1ining dvvd14)nwl lac4italed by 8 full time Training and tk.velopmént manao6r vho ensures ¢omplkJntr wth manddly and bÈsrboke trainiw. Our slaff r(xve tralniry ss)ecilically regarrting Ihcr homr) and ri4Kden'ts wliith enaeS us to provKlo (l161.l slandafds ai)d be rTh)re feswJnsvig to irKIivKJual Iraining needs. Staff i'iill be encouriig(yd to participale In research acliwties and to Iwyo a gatEr undetslandiro of hoiv lrfc in c8re ho0$ can be Improved lor resldents. relatt¥ès and staff. Our values arKJ our Christian EthD5 a eft)edded in staff and (rag. Managers WAI énsuré that staff aro well suppDrtTrd thruugh regular obser¥atsons. SWONiSKJn a1 Éippraisals. Ive pro%'itlÈ extra sff to ¢r sidLness ¢>bs¥rLe, ILulldd slay vacanrycs with the aim ol elirrHi)ating the use cf agency sllr ff. Nqanelger5 will prcmole Eolhen and rAY•nu to noivth in Ihèr t)¥jn}tY to IneaSO awareness ol Lhe charity. ivell ¢lS &pIng ways lo altraci reSKJenls ai¥J staff. includiw effepIe and woll SAed rnarketii)g and Jvertislig.
EOTHEN HOMES LIMITED TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievement and perfomiance Charltable actirftios Our Chrisli8n Ethos and Values conts.nue lo be emdded throughoul the olganillIon And we continue to build on our excellent repall0[). Thi5 is evidgrKed by reCeirvA (x1ttanding fethck and r8tirvJs ¢yi thè ¢arghome.co.u wobsito. wilh E011n Ixj ng vnlfad as onè of ihe top 20 n Ihè règi(x) lor 2025. Walls&nd has achieved a 10110 raling. arid Goslorth and IVl¥Uey Bay with 9.9. S6vwal cash 4)ation5 have aJ50 been [¢v1 at Gosforth in recogniti of the care provided by the slall. A gorKI of rUpartY hks been athieved at al homes and we have had a stoady stream ol enqulries and eath Iiome has pr(duc5 a surplus. We have s0 rnaintained ryade 5 1th Enknironmenlal He811h and grade 1 Milh Local Aulhoritios. Recruitment retention issues have a5 Staff pay was and cojr hourfy pay rates aTe W11 abo th9 fioal LrIng Wago, Wo aim is tt> ahcad of nur comwiilors and reward our e$ng staff fw thelr hard ivoik Lummiimenl The'Refer a SLme. conb.nues aThJ staff lumovor has incsoascd stiyhlly from Ihe previo year and we have ernpbyed a total of 47 new emFloyegs. Wo also continue lo oifer good teims and c[1t5n5 01 omployrngnl, training q)plnIeS persL4)al development 8nd (¥er w$$)n. Mlh sovoral 8t811 bèi pronioted. A now t7pprenlice $the[T VME introdLttd in Seplener 10 invesi li the luture Qwerat of carer5 Iiy aiirBcling yousigèr PéOFAè irilo 8 car8er ll) carè. Vve successfully lTripl&nenled an e1cl¥¢ ce mwemwl system hlch Inlegr8lès wth wr exi5tiro payroll syst8m has 5treamliwl r05idBnl staff rec(Yds. OJty rotas #lid holKlay rec4Jrds. Vve have been invtAveit with five leswch projects in 2024. DACHA- Deb0P1 rèsourcès and minimum dalri set Inr rAtifFJ homes. FINCH - Fals in care l)mes. SONNET (under ENRICHI- bokng at social (x)ineclMs. Care & Research North East is 8 3 year project wth Newfr1Stle UntVQF5ity 5Kling fe5earth in 8dult SOCk)I c?c re lo improve practke and ovtcomes lor peopb u51ryJ care seMcs. We a150 look part in the AFRI-C Fittei slvdy. which gathered daia lor nter period Sept 33 to May 24, 0 whtrthpr HEPA alr flters C¢1n reduce sytrylomatic imnler réspiral(xy M)fediMs Icovghs, crAds, fl'J and COVID-191 in eare 1me residenis. We received a substanlal pa81 lor tthng part arKI gift YJeherS for home. A new Hcme Manwjer was py&l81 our Whiw Bay hon in Dernbr. 2024. Stoff in al ol (Mjr homes have participated in 'UrbJ8r Our WiThJ" besthe Iraning thal enc4)sulatcs th? model ol care. P(re&S has been rTh3de with Ilie réfurbtshrnenl program wth %bin(k)ws rq)lth In Ihc Iwnye a, Gosforth anfl palics doors fitted to 6 residt'S rrthis at WhiUey Bay and in thc dininy rixyn. The Off at Goslo1h has also been rofurbished and re-designed wilh fittod fumtturo. Fd r8cyclirbJ Con161)C&d at ¢h8 end of year, pric lo cw in tre fL¥xI Wasle Re9ulalhMs if¢ h. 202J. demonstrating EolheT7' S Cotnrnilment to K)n olwasle &¥J proleth'ng the en[orn9T1I.
EOTHEN HOMES LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Key performance indicator5 Occijpancy - We c1irn for 9ood Lupancl at aN )ffleS and mwure actual o¢wpan¢y against forecast Inr tho yea.- Actual lolal cupat loi Ihe ar was 96Yg lind highef Ihan tho frry¥5195W._ Financicil 5tsrFAus- le liave ached a cash surF4us foi earh Ihts yeaf. Resident & Relalivo satisfaolln . We aim io achieve a customu sal%slaciion Scofe in rJrE5s 80%. 1 2024 wo ar.hipvpd 89.4%, thich 15 by 3% th) year. FÈ8dback and mvlow5 can bè found cfi ww.care1Kne.co.. CJr 9rtyJp ralirYJ for 2024 was 1a110 )d wo continue lo be one ol trie top small c.arc gT(MJps in the UK. some outstsnding com¢ents. especially VQaUscnd whith a¢l)beved a top of 10. Empkjyee salisfaclh?fj - Wo aim lo achie¥E an Ovall staff sakn'shdpm rate from wual ouaslionn3lrs ol over 8U°k. In kn24, tho results s>Yhved 97.5% $attslacb'M. d(w/n 3.5%. Public Beneflt In sellino our objoGtivcs pl8nnit¥J ovr èth"vities. tha Tnistoo% have gi careful nsid¢ratI1)n lo Charity Comni5siun's geiiral owdance on kxjblic benefit arKI are confxjent thal EothBry can contsnue lo the pubbc benefil lW and inlo the luttJTe in the fdlowiTYJ ways.. ProvSding cÈre aCCommrYa 811. We accept those who are ftily selklunded aiid those Ytho are parti81ty or fully ts5¢dised by other means, suth as the I1 wthwty at¥J the NHS, thlch prowdas conl¥iulng liéallh cara. Residèiiis pay an erKJrn lee lor their care. sorne ol whKh mlY or tsly payahlo by local aulhority. At l.Val)seNI ¥he brJr11 aulty fee rale is substi¢ ntlrilly l(wer Ihan the cost ol rÈ ar a ihlrd pArty top vp is reqdesle foi Lo&il Aulliority funded res%YèniS lo help l-I9 thè gap. Our Ethos is nne of Inclus) and in wacb&11 IvrrT)s we are com1tted lo equalrty rind diversity, ¥¥dccxning rcsldents nd sall from difierenl ba¢kgrounds a[ commuftities. Residonts are ercouaged Io Join in aclwities in Ilie homes and, bvhèro ablo, in Ihe bcat <)inmunity. where each indildual can mainta'n his or her own Inle$1$ and faith, blje a approved lo wovidc pcents lor stLtdenl nurscs ffom NcKlhwrt)fta UnNerty and Y)rk exwier)ce for héalth and socitil care stUd(S fr(Mn local LxAlcw. studls are atle to pafilCISkllp cind experience good qliality cafc ol Ihe eldety and can learn and dp.ve.IDp new ski115 and kn(Mlodgo to t[11 IFir fulure caroors Ilie cara 5eLlor: especialty 1th mir nKwJel ()[ ¢aTe lor ItKJse Iwing with (xneniia. Wo arc workiry with Ngwcasllo UnNor%ty on vaiious re59arth pt(ijBc15 wlhln soc4al care. sharfny k}WId98, participating in Iiials and working wilh other yovidors to ol older pethe and those liiing with denientia. Eolheri Hanie8 does nol r7drlY rakse fu35 bul all donation% are i¢[11è and are usod directty for tFie benefit ot our fes"bYentS, Usllcilly for kt"INJly &N'JipnienL fjardon furriilvre or specifK wo.'ect5.
EOTHEN HOMES LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
{CONTINUED)
FOR THE YEAR ENDED 31 IAARCH 2025
Financial Rgvlew
ReseNes policy
The Irtislp.n% h1ve c<Ms¥Jered the level of reserves whlch shoukj by thè cjwity and thi5 is reveived
r I b1rd mèÈlings. R8sefVO8 may bo naed8d lo cover shortlalls in chiirilable iw)me a)d other
coiilinoencies.
Undosignaled Ireè TèSeThES (exdudiro capital assclsl as al 31 March 2025 amOted lo £4.659,574. The Trustees
consider this tevel of froo rcscrves lo be adequaie to support ihe operatim ol tho Ihre.? homes lor the l(wesecahlo
future.
The tli3rily has revised thc investrnent 5x)%ry k) include some meLSium lum inyeslmpnt8, and in 2022 pl3ce¢J f1m
with Edenlree Inve.%tmenl Management 8fKI £1m wtth Redmayno Invesimenl Manaoenk)nl and Sttk
Brokor%. Other funds a on der(sit in tomi acuKJnL%. maluriru dl ¥arS dales throughout 17iv year oiviiig
predicta? access to fvThls. Iwste&% consKler Ihat £S(K).L B a sufficient rninimutn finBnLial resewe.
Tho TrU51tlS 8$e the dèprè(3ation of buildings in 2002 and èsiabltshed the Fanrd maintenan Fui)d. The
ltsnd is lopped ijp by an annua5 Iransler 012% 01 lee income generated by all Planned NVTks sv(h a8
decorats'on aid w.ncr4 refurt)ishment of the homes are lutKled thi$. h the evenl ol mapr WrkS, an addition
t[1Ef froin wdesionaled Iro8 se{O$ may b8 agr¢.
Tho balance L¥) 11)e plannwj maintengnce lund is £394,416 along wlh the Iransfgr from foos is uinsldèrad
¥dequate to lund th8 planned trxwdilure iii Ihè eoming yèar. The TnJst8es MAt( th levd this fuiid on an
annual bas5.
The tw91 h<iV& assessed th8 ffl4or iisks to thg charity 15 exd, are saiisfied that systems are in
pli1Ca lo m51igate exposure to majrK risks.
Plans for fure p•riods
EnsLJring the care we prtsvide Is excéptknnal lind of it conslsienty hbjh stsrx1ard. vthich is flTrxible ID meet the
incrèasing neodi, expectations dernar%ls of our resyjents and thgir lamqios. Redent dependeiiGy find
occupan¢y will be. CL¥)IInual monitod alorvJsJg the slaffing raiK) %thlth is kneaS detxeased as roqulred to
en approwiale levels of Staff arc mainL1ined.
To mi1inlain 9ood cccupaTV 55711 w¢roase. the l¢Tr.taSt surpljs, SLVNXt cash roso[V
EOTHEN HOMES LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structuro, govcrnance and managemgnt Governlrto document Eothen Homes 1 irte.d is a Company limrted by guaranleo, vced by Articles of As%op.iJliDn lopt8d on 13 ert:Tnber 2017 {prewously govorntKI by tn¢ k4(mnrandum ¥nd Arb"des Oi ASS711nn dalet5 8 May 1950, anded on 27 Septernber 1988 and 10 20101. The Companys registration number is IM82334. 11 is regislereLI as 8 chcirily with ihc Charily C<)mMissi, numbor 223262. Tre aic Lurrenuy eight nwmbrMs. trdch of whom rOLS to Luiilribule £1 in the evont of tho chèritoWÈ IpanY "n9 wound up. The tharity's objt'l wincipal actiwtylas described ihe articles} is: 'io prowde care for ¥ldÉ)rly rS0 with) a Christian Frnfflew(wk Elhts. by Ihe tol0vr¥j means: -ovidino ¢ippropriate a¢c0¥nmotJali, items, Serm or laclsti.es calcaJIat io relwe the nBod5 01 such persons. 1nd by tli¢ provisK)ti of carers and trtry th8 Pro51 of rwdar gJpixx1 arKJ trainir¥J l(x such t4r5." The IiustQCs, WIK) are also Ilie drectors for th8 purpo ol (M[OnY law: and seTh during the year and up lo thp dote ol &lgnètur& ol the fin(101 s11¥ lerrEnts bbEre'. Mr l D Thomson ProfessorA Thomas DrA Van Den Bo¥ Dr S L.lishreki Ir A Llcllhinney TrAs M Erny Ms Lmarsh Recruitmont and appDSntment of new tTU¥tees The board consisls o! v(Auntary Inte.s, (methrSIdUlor8I. afo (rxnmiiied Christians and adhere lo Ihe Evangèlical lIalle0.5 slalcmp.nl ol lailli. Trustees havo slatutrry respon51txlilies and ensuie thoy follow 11)e Chaiily Commi55¢nn Code. ol Governance. In line th ChaDly wuirernenls. IIE Direrlois do not draw any rÈmunerc1bon or .7e[lI other than expenses lo tsrry cut Iheir dullès_ Trustèès visil Ihc home8 when w)sSie to keep ijp la date and lo provido opportunitics lo meet residenls and skff. Thoy dls() allend bff.,ngs arKi tRInw cnurses as approprialo and bpnefil Ir()m trainino and experiencc. Irnrn irther chaiities tlw are invd in. Tho rocruttmonl pro(XiS fdlrpms thlty rMI)n guHlelM)es io ensure there is an op81e ranoe ol thills. 0.1d¥e aiid tsxperieii arnoSt ILS tvcmlws. ExisttsvJ truslees appro8th (3Thlidates" i'itrK) are invitod lo H11t 8 Trustee meets'ng, initially as an obseryer. If they aro considor¢d suii¥blè k).. U)è role ol trusteo, Ihc rdEvanl thed(s and reloroncos t)btAined Wore being invitcd I0).n Ihe board. New Truslees 8re given an i[KIUGtn pack whlth iThJuOg5 (£5titU10nal UnIènIs, crtjr annual t51¢% p181). risk règistei, govarnènct inltsrriidb.tsii arid any 01her inf(yMal relevaril (o the ol the rharity. Ml ii)eiiibers re1ve a CDPY ol ltri¥ 'Gc)vernance' magaine in or(ler lo keep Ihem up lo dale VTril thryr ru aiid responsibililios ¥ directed lo read Ihe Chw[l3 CotTWn¢ssrn ¢kneM c(rf1o. Tli8 number and skins ul trustees have b8en aNI ti ha5 len ljenirfd th&Jt we would benefil from the rerrijilinenl of Sor neiv Iruslees, w.ferably wilh exrwtiie in rfftae, sonicrf IèsS managemenl Rnd Idw. AdverUsirk] leaflels have designed lo leach out to any iTrnlenb"al Iruslees antj dislribuled tr Inral thurcl)es anEI biisinesscs wilh %¥17(J %ve close working Mnneclions Ihe North East. Tru%les are appoint lor a Ihroc yr term. aftèr wlich t#))e Ilw aro In%iteil IJ sland lor Ttrelection. 111 2V24, 1 Thomson. L Marsh: A mc1[nnLy. S Mishreki 8nd A Van den 80$ wo(Q m-owed and Rfcford Rust wa& piinir)ld as Irustee li Juty.
EOTHEN HOMES LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
OTganlsallonal strLieturè
The toard ol trvslees have reSp(Th1Y for the Obvall badershlp ar¥J OreciLTrn of Ihe charity and Ihe day to day
operr?lion t>f Ihp. charity arKI its SerVe5 Is dekgated the Chief Executive and her team. The trustofi8 meet al least
thre8 times pèr ar and tn be08n m88ltrrKJs Ihor8 is rogular con&%1 tho CEO. Chair ol truslèes and Ottrr
trustees as apprc>pririle, Tru51ees tire prowded wilh finarraal reFrfxis quarledy lo enat4e them lo ¥eifjevi and <1wrJve
long lorm oble¢b¥es. strd:.egy. poliies, budget anjj CpIranCe s%ith the Clwity ComTTuswons' Goyomance code.
Empltsyeès
We are an equal OPprtlt 93ssion. CLYnrnitted lo w0vidk 8 h8pyy, sate and c(Ynfortable ennM¢nI fLY
all staff, vduntoers and siudÈnls. We akn to re¢fuiI staff l)o will embra¢% our Chrtstian h0$. valuos and model of
Wo omploy 165 and a also supporied by 18miliès, Irlends and ¥cAteerS from the tKal community. We ar8
Lomniitled lo probidino good lemis and corK'b'ons of enW(iymeni f(Y am staff.
Wo providg t$)ke in.hoLL8e traing, pers(x) devekynenl and weer opminths. We (xtlmliIcte.
Loiisult wilh. aiid lislen lo our staff. ExcvYing regular OpptUnitieS lo provide fee(haL through questionnaires.
iiidNiElual reviow5 and [etings.
Rlsk managemènt
The tr115tRBs rovi?w slrawic sk reyulaty. AccVhenVe risk regsler is m8inlained is subiw.t to revlew 81
koard meebngs. The risk reoistèr Idle$ rtsks Ifrtdy to affèct Ihe ch¢ ty's hilY lo m8el ILS
EOTHEN HOMES LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Disclosuro ol infonnatlon to audilor Et%cFi of Ihè LrL&s5 has confirmcd Ihal Ihefe is no informati¢)n of they aware whkh is relevant to the audit, but of iyhich a'uditor is unayiare. They have Ivrthei conlinmeil thal IIEY h3¥'e takon apprcyiaiè sleps to idontify SULh rElev8nl Informallon and lo ostablish thst tFM>. audil()r is a%vxre of suth inlormatiun. Tho Iru51ev¥' rvtKJrt, llicludirg the strategic TepJrt, wa5 approved by Ihe Board ol Tru5tee5. i.b Mr l D Thomson Trustee LAV62oig
EOTHEN HOMES LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF EOTHEN HOMES LIMITED Oplnlon Lfyo havc. avdited the fina1¥ st8temenls ol Ec.hen Homes Limited ltre 'charity'l for tho yQ8T ondcd 31 MaTch 2025 which Lomprise Ihp lalmpnt OF fI1n¢.1¢7l adiviti(%, Iho balan(x) shool. st1¢ lemenl ol Lasli lIcS 311d no(Ès to the rinaiicial statements. incNJdin9 signifan1 accountiNJ w)(eS. The finaEK#al ieportthig framth%rrk that has bccn pplicd in Ihoir p.'ep1r fclboll is app'calAe law aryj Unit1 KiWom Accounting Standard5, indudwbg Financtal Reporling SlandJrd 102 Th- Finarycl R¢porting Stalard rGabb In Ihe UK and Republk ol ltsland (United Kingdon) Gei)erallyAccepled Accounting Praclitel. In our opinion, th8 linanGii¢ l tslaletNenls'. give a tNe. and fair of slalc tho thaiit3trAc Co85 as al 31 Mard) 2025 an(J of Ks in¢A)m5ng rewr and 8FVtKatn ot re$¢w. Indudry its incMie and exFndiltKe. for the yew tn ended., have 1)0gn prrtY prOr9d in ar4xdance wth thtgd KInM Ggneralty Acownting Ftse¢8., and have b8en prépared in 8ccordancé wilh Ihè requirèmènts of Ihè Cots4)ani8sAct 2006. Basis for opinio We conducted aud51 In act0rdan ?th lnlernallcaI SI18rds on Audlting IUKI IISAS {UKII and aOicablo law. our responsibilits.es under IIM)se ststhds are lurtlv describ in Ihe Audi$ r8spon&biliiiOS for tho olidil t Ihp fini?nal ,%¢at¢m¢nts scclion ol our rq)ort. Wo aro inderMdonl of thc charily in accofdaiEe witli ilie etl)ical reqLiirements that are relevant lo tyJr audit of ihe fir4a1 slalemenls in Ihe LIK, wic5udllt4 the FRC'5 ElhiGit I Standilrd. and wo havè fullillod our other ett)ical responsQxlrfJ"es irb a¢uJrdanco with thostt Tcquiremtr.nL%. We btsliÈve that ilie audil ewdetLe we hdve I)ble is suffTr(ient d5VOFrnle lo rmtride a bèsis lor ouf opii)ion. Concluslons MIan9 to golng concern In 8udiling 11)e linanoal slalerrietits, we have c(m(Jded ihal the truslees. use ol the goiw c(M)cem basls accounling in Iho ryeparats" ol the linanrAal stat8monts is apw(4Thto. Based on the work we have pwforrwj, we have identifd any Inaterial uncetslns rebling to ovcnls Of LOli,.n¥ Ihtil. individually or coikxtivoty. may cast siDnific4nl doubt on tho charity's at41ity to ct)ntinue as Aa uoii)g COer17 for 8 period 0181 least Iwelve monlr)s from Ihe fmncial sialemenls are a['Sed lor issue. Our respoiisilNliUes knd lh# reSprtillI1$es Ihe trusleos wlh njspecl to yfxny i%)1 are (Sèscnkned in the relevant sections of ths repjrt. Othèr Informatlon The othér Ii)lormabon comprises Ihe inlormalion dudl iii I1 ¥nnu81 oihÈr trw) Ihè fiThaRclal siatemonts and Oiir aii(filor's rerort Ihefeon. Tha Iruslees aro iesponst)le lor thè other inlorniation contained wilryin Ihe Annual rcpurl. Dp'nion on tho finalKi stalemenls does not c(wpr thg Other infortnalion and. CXCL'pI lo lh& exlenl ollierliiise expli(itly sLiLxl in (xjr rcpori. we tjo nol oxpre55 any fom ol as$urJiKe conclusion Ihereon. Our respmsl)ility is lo read thè other irifoin)abon arFd, iii d"r so. ojisider vlher It other ii)lormatson is n)alcriAII>' inwn%i%lent %¥ilh tho finir flclril stll temenls or our kThyMethJe oblned in Ihe coijrse of t1 aijdit, ot ()IheThM%e rfiypears lo be n)3lerially niisstalttd. Ir Klents'fy 5uth wndlenJ incon5isleTKie5 app8nI In8lerpl n)issl8lements. %¥e Ciro raqiiirèd lo detemiii)e whèther Ihis givès tlsè lo a malérial ftlisSnt ii) the linancial slalements themsd¥es. 11. baspd un Ihe work wo havo rfrrffled. w8 condude thii I Ihere is a rnrilerial migslatcmenl ol this olher iiiforni81Ii. we are required lo report Ihal fact. We have rK)Ihing lo .Port in thi% regwd. Oplnlons on othér matters prèserlbèd by thè Cctrmpartl¢s Aei 2006 In our opinion, b<ld the work undertaken in Ihe oyjrse ol our audrt". Ihe lnforrtki1 gv?n in t¥. IrLi81(Y.s' rowKt faT Ih? finriflciril l(K ch Ihp firandal slalemenls a prÈparèd. wliiLli jpKILKles direciors, reporl siyaiegic reporl wèparéd lof U)è purrxises of company law, is cM515tenl with the nar131 stalements.. and Il* yirdleyiL report dncl the diT¢Ctor5' rew¥t Ind wthn Iho Itee8. rep(xi have b¥eii prèpared Ml 8CcNda1 wilh aFWIC8b legal requwemenis.
EOTHEN HOMES LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF EOTHEN HOMES LIMITED Matters on which wg ore requiTvd to report by exception li) tlie light of Inp kntsth4erl9e and underslarKlw of tho chcirity rls obtained thè cwrse of Ihe ,ILidil. we have not identified matVri<l1 mi%slttlemenls in thè sirate9 or Ihe directors, report inclw4pd within the trsIdes, repDrt. Wc hdve nolliii)g lo report in rospw.t ol lh8 folkmfry mallets in rétats.on to whxth ihe Companies Act 26 rw4uires IJS io rèport to yw if, in our oviji¥}. ado.qiJale aLU)unts"ng recdS havo twn kepl. or reluFns AdJale frff our aLKlit l)ave not be rccelvsj from brancl)es nol visited by us., or riiiai)ual statomonls tire I1 iii agieemanl with the Tecxds and retum5," or rhin diw.lo%ures of trtJsièÈs' remurwation spe(ifd by are not majo., or we have not reNEd 811 the Inf9rma aThJ expianatK)ns we ieqttire forour audiL Responsibililigs of trustèes As explaInt more fulty in the st3tomont of Iruslees. resporisibifiles. t &StCe$, who 8re 81so tho dircctors of the Lharily lor Ihe purposo ol comp?ny law, are responsible for tho prop<iral¥irt ol the f4Aancial stalomei)Ls aiid for being sali8fied th1¢ I they give J true and fair vH)W, Irilerjidl COTitr(A as tho truslees deterrniiie is nocc,%sary lo ondblB Ilw préparats.on ol financial slalenients Ihal are free Ircffl mciterial niisstalement. Mtteth¢r due lo Iraud error. Iii preparing the finanLial sla:emenls, trvsloos aTe resFW)tisble for assessing Ihe diaritys abil.ty lo GoiitlnLlQ a5 a yJiTig cwcern, disdoiryJ, as aF4AILab18, mallèrs relalao to )79 Colrn and usirg the yoii LY)IILttrii basis ol accountiw unlttss tl)e trustees etthe,- intend to liqUale tlie tharilallg (yJtnpany or lo Cease operatlOll5, or have realistK aAemabvg to do so. Audliorfs rèsponsibililips for the audit of the financial statoments Our objectivos #re lo obldiri rèasonable assurance alxjul wliether the financial statemen15 as a le gre free froni maleridl ITiisslatemenL bthelher dae iu Ir8LMI or err, and tg i&%u¢ an audi¢Jrs reporl that indudes our opinion. ReasLiiiaiAe assurnnce. Is o li¥Jh level o! assvfan¢o but is wt a y%J8raniée that an audil fuL.1ed in accordance with ISAS IUKI w118lways dÈt8cI a materik)l iriis518ten)ei)I vrtHI it exis'.s, Mi%stalenieiils c8n aiise fr(xn friqud L orror diid dre corlder mciloriRI if. Indiyidualty o". in Ihe (iggrlIe. tsTey cwld re&SblY bo ¢xpact&d to Influ¢8 Irie ecot)omic dou5i0ns of u&ers taken on it basis of these Ill1481 statew,ents. ThE: exlenl lo whKh ovr pro(XduS afe capat4e ol detecting irrcguLits, I1j(l9 fraud. is dolr111ed below. The iisk of malcr¥l IrM$5talement due lo orror Of Irdud been assessed in coryunclK)ii %viih inlBmal cu',IlrL4s n1 jiy rtiilKJalè aiiy such risk. These LL¥ilroks are reviewed a5 part of t! auji,. by perfotming sy4lcm& walkthroughs lo ensure they firo operaliny er1edive. ArktlytKic I review 8Tid subs&nb"ve lestiThJ is also perlortijed on all mcilorial b¢ll¢in$ and Itrittrefore arty in?lancos uf ri(Fii-LuriII3nC0 sMJld bo MJvrtild Ix L(ered as insignifi11. In Ideiiuliirig aiid assessiw risks ol material misstatement in respect (rf TregulaTe5. ind15ding frjud. Ihe audit eiiudyemenl team: obtained an und8rstlr n(SirwJ of l nature of the and sector, induding Ihg logir l and regulatory franieTr4vork, in whth Ihe charity operates lind how the chan.ty u)mplbs wth thal legal and r&gulatory frE)mp::Drk riquirèd smth marw7rr)fil and those cFN3rged wih go¥einance aLY)ul theii Idpnb"fralK)n awl assessment of the risks of iwegularitie5. i.11)dIng any knffiyn actual. sugpctrlod rjr a118gèd insPAnccs ol Iroi)d diSLUSS) ¥biilh rnan1ciJomenl ¢Jnd ihose charoed with any non-wmplil¢ nce. wilh laws and regulat on5 find h(Y41 Iraud might OGCUT indwling assessrrnis rf hLM and whttre the finantial statemonls may bp. fjusceplib lo frau¢J. -Ih¢'. ri%k Df iiiai)agemenl overrid? of Loiitrols was also (wsidefed an area of wtenlijl mis5tatomi¥nl due to fraud. ALidil procedures wrfntrntyl lidude(S testino of manual juurrta eniries arm1 otr adjuslrnenlg and evalualing thi: bJsip.ess f<7tnlL, in rÈlalion to spjiificanl. vnuwal Iransactions aryl Iran5acIK)ns É)'.efed ilJ oulsido the nonn coiirstr ol busiii&ss.
EOTHEN HOMES LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF EOTHEN HOMES LIMITED 'I'herg are inherent limitations in the audrt procedures deS¢bed above and the primary resp)n&bi1.ly lor the pveIDn ar delecliun ol YTryul8riti&% i[uditj fra tE5ts with maiagemenl. As iwth any 8udil, there remaln8(1 a risk ol non-déléction of itrègulariliès, as thèsè may inv(AvÈ ullusion, forgwy, irttontioiial omESSi5, mi5represonlatK)ns or thg overrth ol intemal contrcls. A lurthÈr dÈscrip"OTh ol our résFx)nsibRib"és is avadauè th Ihè Financial Repts"ng Council's website al.. https.'Il vrw.Iroorg.uklauditorsreSponsitllits. Ths descfiplion lomis pwt ol our ojjdstors feport. Use ol our report 'I'his roport IS 111lr do to the thirt18b mgmber3. 83 a bo(ty. in acry)rdHn¢x ivith Chapler 3 of Part 16 cit Ilitt Co,. pjnies hLI 2005. Our dudil work has btten UTKlerldken SLJ that nivjil slAle lo Ihè ¢haritatAè company s niembers thosè AllerS we arè re(wired (o stale lo Ihem in an audl('s repori and for no other wrpose. To In Iiillost extent perfflittod by kiw, vie dD rx)t aCGgPt or assume re5POnSitiliW lo anyone otFET Ihan the Lhuril8ble LucnFl4lliy and thE tharSt8t4e companys n*mbers as a L%yJy. lor ow aLKJil th, lor Uils repor( orfor the opinions we havè ford. rl Nicholas Cunningham MSG Bsc ACCA (Senior Statutory Auditor) For and on bohall ol Robson LaKIbrAccotant5 Limilod. StrlutoryAudilof Char18red Acix)ur)lanls Fènibvood House F8mwnod Road Jesmond Newcastle urth Tyne Tync and Woar NE2 1TJ Engl<ind 11
EOTHEN HOMES LIMITED STATEMENT OF FINANCIAL ACTlVtriES INGLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrtcted funds 2025 Uiirgstricted funds 2024 Notes Incomg fFOm'. DMalinns and legacies Clidrilabte activit185 Invèstmoiils 19.312 6.388,639 119.415 34.445 .881.693 131.026 Total Income 6,$27.366 6.047.164 Exponditure on- Ch3riiabk acts"vities 5.879.617 5.386.058 Total expenditur 5.879.617 5.386.058 Nel gaifislllossesl on investments 148.2941 93,787 Not movoment In funds r99.455 754,893 Reconciliation of funds.. frund bdl¢iiiLeb al 1 April 2024 13,020.581 12,265,688 Fund balancès at 31 March 2025 13.620.036 13,020,581 Th& slalemenl of f",nir nrial aLlrvlUes inthdes JI oaln* awl losw recwNsgd in tho ye&W. All incomg and c¥pendlluTe derrvo frotn rA)ntinui-i9 3ctriib"és. 17-
EOTHEN HOMES LIMITED BALANCE SHEET AS AT 31 MARGH 2025 202S 2024 Notes Fixed assets Tanglblè asséts Inveslrnenls 8.56E>.046 2.137.720 B,572,995 2,080,520 10 10,703,766 10.662,51J Currènt assets DebLors Cash al bank and in hand 11 131.982 3.186.138 109,709 2.634,130 3.318.120 2,743,8311 Creditors.. amounts fallln9 duè wlthln one year 12 {401.850) {385,773) Not curront as$eis 2.916,270 2,358,066 Total assets less wrrent liabilities 13.620. 13,020.581 The funds of thè charity Unroslriciod fimds 13,620.036 13.020,581 13.K20.n36 13.020,581 Th& financial st2ien8nts wer8 approvod by Iho trusloes (........... Mr l D I h0rn50n Trust60 CoMpY rgJistraI nvmbgr 00482334 (EtyJland and ¥Valo$1 13.
EOTHEN HOMES LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Motès
Cash flow$ from operating activitfiès
Cash generated fr
EOTHEN HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AIARCH 2025 Accounting policies Charlty Infomiallon Eolhen Homes Limited is a wiJle company limiled by guarantee iwrpoialed in England and Wales. The re9iStèred office 5$ 15 Barrytr Cou¢ NorthtsntslaThl BwginBSS Park. Crambr8ton, Nurihunibeth)d. NE23 7RZ. Englar. 1.1 Accountlng convèntlon The ftsiancial slatemeiils have prepafwj ac(xrdan¢e %vtih th9 ¢haritys gU¢rning documÈnL thé Companies Acl 20U6 and -Accounting and ROp(ti by Charilies". Sldlemeiil ol Recommended Praclico apViLable to Liarites prepfiTing theFr sKcoJnls ¥) 8cccvdaixe with the Financial RepDrting Slantjard apFlicable in (he UK and Republtc ol Irel {FRS 1021 leffgrtsve 1 January 20191". The charily Is a PuiAIc BonBfit Enb"ty as dofinod by FRS 102. Tlie Itnanci81 slatsmts are prepared kn sterting. %thich b the functional of th& chrlrily. Mortelary arrbounls in those financial statemonts are rounded to Ihe noarcst £. The financral stalemts have been wep8red the lusloric& cost cuNenti. Tho prinopal ¥rxounling pcli(Jes adopted a sol ¢)ut below. 1.2 Goin9 concern At the lin)e ol appraving Ihe finartc4al statements. the truste95 havg a rcfisonatrAo expeclalK)n Ihal Ihe charity has ade.qU<ltc r(EQur( to continuc in opera1nal existence for the [Cese&aty fubjre. Thu$ Ihty truste¢s clI1nUe to adopt thè g)ng concern baS of accountino in preparing the finala1 stalcments. 1.3 Charilable fund5 Unre%lricled funds are availthe lor use al the discret)n of the trustees ift furtherance ol thoir thariloble obiech'ves. Designated aro 581 asKle by the Twstee5 oul of unrftslrKaed fvnds lor speufic future purpose OT projerjs. Resiricl&l funds are subject io specific corTrditio by dorTrofS or orantofs a5 to fv)%¥ IhFJy mir y he used. The purposes and uses ol r85tricted fur¥Js are sel oul in Ihe to the (WIL¥al sialemey)Is. 1.4 Income Incumc rocugni5tsd when charily is legaly enb.tknl to il 8fter any pWrM)¢8 ¢oThJitk)ns have boon mel. Ihe arTin[S Laii tie nièasured reli4bty, and il is probablè Ihal income will be receivoj. 1.5 Expenditure Liabililies are recoonised a5 expendilure as soon as there is a lyl or conslnr.INe oL4igaliL¥) commith'nq the rhritY lo th¢11 p.xpr.nrtiliJrp. il 1% t11 7¢ Iransl•r of po)nomk beipfits will be required in setdomoiit i?fMJ ilie 3111o1jiII of Uiè Obl1) bè ttiÈasuré¢1 rdiabty- Expendilure i) accounled lor on (111 crriJiE Is b4sis arNJ has been classned iirKSer headiTrJs that a9grcg?le av cosl f¢I¢d In Ine t£¥. Wl)ere cosls (annot b9 diwprlly titlritxjlixl to pa[blr headin tFw have tEen allo¢8lèd lo aclivllEs on a basis conStnt iiilh thy usè ol rès¢xJtcès. 15
EOTHEN HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Contlnuèdl 1.6 Tanglblo flxod as$et$ Tangible fixed assets are initKily measured at wsl W Subsuer.tty measural 81 cosl or valuatirm. nol of deprccial.'M and any Ivalent losses. r)e.prp.riffjilK)n rpcogniyed so as lo write off ihe tx>sl or valuabon olassets loss Ihttir T&dual values over thalr useful livés thè loEo%ving bases.. Free1Id land and buildw3 Fixtiirgs a.Id litlings Comwjiets Nnl dept{x1 15'k cosl 33% cffl cJ)sl Freehold Thd arKI buiklTrvJs aTe In nStant us¢ furt1KtyanI ol rlwitablg 014e¢b"vès and are malnlaln8d 10 3 standard to onsure. that Iheir resKluJ valLTrB is nol lèss ihari the bjok value. l)opr4YialiDn is Iherelore not provided un Ihe basis Iha,: U)e assets have a very loThJ usefvd lrfe thc a¢¥K)unl ol any annual deprecs<ihlQn WOLikl be immal8TWI. 1.7 Fixgd assgt invgstment$ Fixod osstyl SnvB51iiieiils dre iri1[ty mèasured al transac1m wir exduding trdfis¥LtKKi cosis. and ar subsequelitly nieasured al lair vakn eac.h reporting dale. CheS in fair value ale recogni%cd in Iiel inc,omrbl{oxpond4ttJrf I for the year. TprbSacti ctssis are expensed as Inwrr8d. 1.8 Impalrmcnt of flxed assets Propèrly. plant ai)d equipment are rovim¥od tor inp%irrnenl il Events or thanfjes it) cArwniStanr. iTlLle thiil the carr5fjro aFnDunl of 5LJch dssels may not be reC.e[aUe. If Ihero ind,'Lalion of p055ible lmpairrn1. the recoveralje amount ol any èffoctcd aisot IE Cslimaltxl and compatsd agairjst ils carrying an)nI. Where th& estimatad recovor8blo wnDunl is lthver, impaimwil loss is recognisod ImndIatelY in prctrfit find loss. 1.9 Cash and cash equivalénts Cash l< nd t4uivlpnls irKILvJe c8s1i w) hand. deposits held al rall 1 bDnk5. Other sèiorl-lemi IiqLMd invL'slm¥iils witli Or1[) nialurilies of three monlhs or I¢, and bank overdrdtls. 8arik overdraft3 arg 3hown viilhin t>orrowwvJs i.? Djrrenl tsabllit. 1.10 Taxation Tliè ¢TridrStièS 8t(116$ fall vrithin tha 8xeWions al[Cth txoMsi(kns of Tha Corporation Taxes Acl 2010. Accofdingly. there is no taxat)n tn Ihe&e aLcounts. 1.11 RgtlTernertt bonoflts Payinpnls lo defined cwlribuli( relinl iKJnolit we chawed as 8n expense as they fall duo. 1.12 Short terni dèbiars and crodFlors Dblors <lnd crediltsr* With no nleresl ralè wlmch are fecaNatrAc CA payaNo wlhin one yedr are recor¢Jecl at IrdfFsdLil(Mi prits. }Y bss arising from impaimwnl ar¢ rrxogntsed imfftedialely in sxolrt and loss. 16.
EOTHEN HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incomè from donallons and l•gacl&s Unren¢td fund¥ 202S Unrostrlct funds 2024 Dltin$ E1nd gil Grants 2,884 16.428 3.201 31.244 19,312 34,445 ExpènditLMt <>n charltable actlvities Residèntial Rg5idgntial care care 2025 2024 Di18Ct costs Stsff costs Deprecia:Kn and irrpawmonl R¥tes and water Inswaiicè Lighl and heat Telpphon?, stationery & theriisirKJ 3.816.044 29,182 28.916 .2TI 303.283 36.282 3,442,219 32,8.3 36,969 68.755 286.869 34.276 F li Suridries Food China, utertsils, linen and soft Iunmslyngs EmploymÈnl AeY Repairs and Tnainlenan( Gardeni Cleflning lind waste disposar Tr8Yel. subsi%lence ar¥J trntrIg Legal arid profÈsstonal Refjslialion lees OccJJpa*'onal therapy 20.003 2eA,B02 13.949 96.872 485,304 16,346 80,489 14,714 34.8311 270,297 21,389 126,890 324,094 2U,111 74,G43 18,002 15,460 20.849 24.766 16,600 S,333,524 4.8Jf3,098 Share of support and governance costs {5eg note 4) Svsport Gctrvernariee 538.953 7.140 527.01Q 5,950 5,879,617 5.386.Olj8 Analysi5 by fund LlrirestriLteil funds 5,879,617 5.386.058
EOTHEN HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocatod to actlvltles Resld•ntlal eare Total 2025 2024 Staff costs Properly expèiises Motor and trav81 Gosls Legal prolpssional f Comunicdliun *Jnd ¢rilcwmation otfie6 expens8s Bank charges Govorn<llltr 451.421 37.183 19.055 8215 8,276 433.3 44,327 18.857 8.536 2.796 6.831 8,836 7.1dO 532.960 Net movement In lunds 202S 2024 The net rTK)vemenl in funds 15 Staled afterch8rginyllrrodithngl= Fees payciblo. for Ihr audil o., Ilie eharily's stalements Depreciatipn of owiled latigibie fixad as50ts 7,140 26,9¢9 32.830 Trustegs lole or the Lwstees (or any persons cmnÈclÈd Kilh Ihem) receiwd any neratiOn or benefits Irorn the charily dijring Ilio year. Employees The ?r ve.rage nKnlhty nlwnber ol empbyees Ihp ytsaf W 2025 NuTnbcr 2024 Number Residential Ccnlrc?I mHn¢etT11I a¥NI administration 168 Total 176 157 18-
EOTHEN HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees (Continuodl Employment ¢o$t6 2025 2024 Wages and SarloS Soci1r I sQrity (osts Olhor panwon ¢osls 3,665,582 308.008 96,875 3,58i,664 231,373 58,578 4,270,465 3,875,615 Thc numbcT ofcmpk)ycos annual l(fftmoratK w nKI Ihan £60.1XKI is As follows.. 2025 Number 2024 Number £60,001 to £70.(IJO £70,001 to £80.IX)O £90,001 t(> £100.000 Remuno¥ation of key managernont per¥onn&l The remunerabon of key nianaoemenl personnd was ss IDlkMs: 2025 2024 Aggregale compensabon 189,772 190.737 Taxatl¢n The charity is exempl laxalion on its #clr¥ilTrBS 1Cause Al 115 lrtome Is applied for chari18ble purposes. 19-
EOTHEN HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Tangible fixed assets Freehold land Fixtures and CoMp¢T9 d bulldlr fi114nB5 Tot•1 Cost Al 1 April 2024 AddilK)ns Disposals 8.636.997 772.251 22.232 14.2051 11.940 9.422.388 22,232 14.2051 Al 31 March 2025 8,638.197 790.278 11,940 9.440.415 Depreciallon and impaimient Al 1 April 2024 DepfècialM)n chargad in tho yoar Ekmwwlod in rpspecl olds5xtsals 163.293 674,160 28,949 13.9731 11.940 B49.J93 28,949 13.9731 At 31 March 2025 163.293 699.136 11.940 814.389 Carrying amount Al 31 M8rdi 2025 8.474.4 91.142 8.56b.046 Al 31 Marth 2024 8.474,931 98.091 8.572,995 10 Fixed a$sgt Invoslmonts Listed investnionts Cost or valuation 1 April 2024 Additions Valu¢lli changes l)istsaI 2,0119.¢?2() 138,114 148.2941 (41,620) Al 31 March 2025 2,137,720 Carrying amount At J1 IAc?rch 2025 2,137,720 Al 31 March 2024 2,089,f>20 11 Debtors 2025 2024 Amounts falllng duè wlthln on• aT. Tr8de deb;or8 Prep(iymonls arid aCLrued 11KlIe 62.709 69.273 49.177 60,532 131,982 109.709
EOTHEN HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Credltors: amounts lallinp du• within one yèar 2025 2024 Other taxaticn and socAal security I'rade credrtors Other r[ndit Actriials de[err1 incon 63,983 88,276 78,192 81.240 21,546 204,795 230.5EJJ 401.850 385,773 13 Retlrement benefit schemes 2025 2024 Definèd contribution sch•mes Chwge lo prolli or kjss In fespeci d defffj&J co¥thlxrt SCI5 .875 58,578 The charily 0r¥teS a defin CLmtsibution p&iSn sthen for all oualifrong wnploytts. The assels ol the 8chenie are hdd separalety from those ol the th¢1Tity in 1¢ n ind¢pendcntly adminlslered fund. 14 Unrestrlcted funds Thtr unrtt%lridLid ftmds of Ihe charity cornprise Ihe unexpènded balances of dcnaK)fiS and gran15 thich are not suP4"eLI to specifK ConditnS by dOr$ aj orantors a5 lo hcjw Ihp.y mtiy be uwi. Tl)ese iiidude deSVW1¢ led fu whth h8ve 3et a3kk out ol unrestrled fLty)Y5 by the InL%lees lor spo(afi¢ purpose5. Al 1 April 2024 Incoming w•sourcos ROurCeS expended Transfers Gains and At 31 March lo$sè$ 2025 Plannod mèinleiiancè Thj Capital tund General fund5 448,988 El,572,995 3,998,598 {182,3v31 127,791 16,9491 (120,8421 391.418 8.566.046 4.6f>g.574 6,527.366 (Jf.697.254} 148294) 13.020,581 6.527.366 {5.879.617) 148.2941 13.620.036 Previous yoar: At 1 Aprll 2023 locomlng resources Resourees expended Transfers Gains and At 31 March losses 2024 aiiiied maintenance ftiTvJ CtipiIAI fund Gei)erdl lurids 424.?48 8.580.131 3.261.309 192.894) 117.634 17.13tl 1110.448) 448,988 8,572.995 3,9.Q& 6.047.164 (s.293.1) 93.787 12265.688 6.047.164 15,386.0581 93.T87 13,020,581 21
EOTHEN HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Rol3tod party transaGtlon$ There no disck)sable related party tnn50('(s dLwwig the year12D24- non&}. 16 Purposè of D1gnatOd Funds The pl&iiiiied n)aIntelan lund has set aside out of Ihe vnrestrildxl luiid5 by the Trusleeb f( luture planned mc11ntenancK cxjsls ai the IKJmes. The capytal fund repSe1)ts the value of the fuTictioiial lixed asscls by Ihe c.hAnly. nel ol bwuuino. Thn TnJslee% cr)nsidw ihat Ihese <lxSOt% fom) tliè core assets frfim Its,l)ih Ilie charity opeiales and thorelore do hoi Cons Ihem to be avadable (o lund the day to day dcli%fjties ol the charity. 17 Company Llmlted by Guarantee Eulheri HuiTies Limited 15 fi cixnpiwy lirriled by guarantee anJ a¢cordingly dcs not havo share capital. Every member ol the coinpany undertakès to contribute su¢h ¥riK)Ltiits as may re4uired i)ot exceeding £1 to th¢ Jssttts. (Trf ilie charstatrAe company li It el'erit ol it Lwng up %¥Fili e he or She is o meinber. or within one year arter ho or she ceases to LE a mpmbLY. 18 Cash 98rated from 0raIton$ 2025 2024 Suri)lus lar Ilie year 599,455 754.B93 Adjustmonts for: InStlnI we(e recognisfxl in slaiemènt of frAla1 acaivil Fair vallie gaini and lossBs on liivéstftiènis DepratIon impawmeni of tangible fix•d assels 1119,4151 48,294 29.182 1131.026) 193.7137) 32,830 Movemènts In working capital- Ilncrèasel wi d*Aors Inc¥(n50 in crfdilors 122,2731 16,077 142.Ir)3} Cash generated from opcrations &51.320 556,00.J 19 Analysls of thangÈs In not funds Tlie charily had no maleriqil debl during the year. 22-