RKGISTERED CHARiTY NUMBER: 2255J5 Report of the Trustees gnd Uth*uli¢ed Finath¢laJ S¢*t¢rn¢tr)ts f¥Jr th¢YeAr Ettded 31 Ik¢ember 2025 Tbe H*rt Meo)orl*l TNst Harris Lacey and Swain SU1￿ L The Rivmide Building He551¢ Easi Yorkshire HU130DZ The Harl M¢tnorial Trnst Conttthts of the ￿1n￿nCial St#tsmtnts for th¢ Ye&r F.nrted JI D¢trmbtr 2025 P4 Report ofthe Trn5ti*s Indepe￿de#* Examiner's Report StstEmtnt of Flnancial Actlvllles Balan¢¢ Shc¢t N(bte% lo the FknxiiCi418i￿temcThts lknlltd Ststementof Trlnanti*l Actfvltl 12 The Hart Memorlal Tt¥st R￿￿ ofthe Trnst for th¢ Y￿￿Ended 31 December 2W25 The trustees pitrtnt their rwrt with the financial statem¢llts of the charity for the ycar ended 31 Decemb¢r 2025. The tnjstees bawe adopted the provisions of AcCou￿tillg artd liq)orting by cE￿ill¢s.. Statement of RecomTSJ¢ndtd PTrctice applicablc to chan'ties pry3ring ihrir accounts in accordance with the Finan¢ia] R¢p)rting Sthntsrd appliLxble in the UK and Republi¢ of T￿land (FRS 102) (effectivt l January2019). OWECTVVES AND ACTIVITIES Objetdves and ains Thc chan'ty wa5 Set up on 10 Marcb 1952 by thc Will of Hekn Willi#Tn who died w the Jate 1941Ys and IEft his paddock5 and rt9id¢ntial estr￿ Ifollowtng the death of his widow) to TTUStees to bllild knes for those ¢lM)5¢n by th TTUStecs who art (Iiot dttributed to their own folly) of 5trait¢ned njeans. They arc persons of either 5eK who hsve rtsid or Ca￿led out buslljcss for at k85t teD year5 tn th¢ Ciry atMI County of KiD¥51otL uwn Hujl or itt the East of Yorkshi Following a review by the Tru5tccs and their l¢ga] pdvisus the Charity CornmissioD aFyToved a s¢hem¢ dIt￿ 9th May 2017. This schcme mth the folloiving amendmejjts kn the ori￿nal go¥￿nIng do¢um¢ttt- (11 The object of the charity is. for￿ public Fth¢fiL the relief ofneeil hardship or distss amongst bEn¢fitiaries in such need by thc provision 0f￿TtlSh0U$e actommodation forthem. {21 The thJstrt5 may. in excrytiotwl ¢irwtnStsr￿ffj ap￿)In1 a rtsidentwhD live5 oussbdc sreaof t*nefit and not reside4 worked orc4rried on business in the #Th of benefit forrti lellsi flve years but is oth¢TWi5e qualifi¢d. The tn]stees must reeord in the rxord of theirmeetin8s the JJa(ur¢ of the exc¢ptiona] CitcuyTtsta￿es jUSLifytll8 the aprM>inknenL The number of residettts appointcd undcr this su&clau5e Tllu5t t>ot exceed onc-thitd of the iotal nutnb¢ror r¢sid¢nts at one time. The charity provides thirteen dwellings as Harts Clos4 Hornsea in the East Riding of Yothshire for thosc who are eligible and wish ro continue to live irmlq￿denl]y. The accornrTyJdation con$ist5 of 9 twtr]xtson ar￿ 4 single-￿￿ dwclliw. The￿ is no ward¢n on the site and re5i(ktkts need to bc sllfficienliy rnobilc and fit to l(K>k th th¢Jwelw l¢)r their $pouscsl. Each d￿l[l￿g is l￿wever. provided with the LAKa] AU￿m￿lty Lif¢-LitL¢ Svpp)rt System and fitkd with a smoke alatm. C¢tLtral heatillg and hot water serviee5 ar¢ also provided. No rental as sueh is charged to ￿lden(s but they ate Teipjired lo pay a wttkly COlltsibutiotL {LLSU8lly beltsw Jnarfte( level) ￿WardS m&irbteDaTKe costs. FINANCJAL REv￿w Actlvltl¢s. PerlorD￿nce *nd F3n&ts¢itil Review Contributious residents hawc decrcased in th¢ year to £77,585 (2024 £7&7041. In vi¢w of this the net illcome before tsking into 8ccount unrcalised mtsvem¢Dt in illvesttnen¢s is £22.937 12024 £6J91). The value of iove5troents bas intre*sed by £9.930 12024 £2,822). Therefore the incre48e on net income for the year of £32.867 ha5 itKTw&I unrestiicted re5¢rve5 aTti¢d fonvard to £295,761. Ruervo Polky Unrestiietrd futtds ¥JY n¢etsl to pro￿de fi￿d5 for Ollgo￿g and fvtttre Ati)provements. Maint￿)8￿¢¢ and suppart costs wittK>ut which the d)arity eould not function. ThE (ntstee5 consider it pnmlent that Unrcstri￿ reserves thou]d be 5uffici¢nt to cover cxrth5C5 for a peri￿ of 12 months 18 a minimum to avord the neC￿lty of realtsing fjxed a￿ts held for¢baTitable us4 the amouDtof whith ￿uat£S ts) £(Ab.549. Restricted funds wKJJan8¢d at £734.8YI, whilsl the ut￿s￿l¢t￿ fvnds have i￿reaSed by the n¢i in¢ottx trj thc y¢ar, as stated in the Activitie& PerfoFtnance and FiTwKial Review section of this rcporL to ruLLIt in £295.761 in unfe￿I¢d reserves I￿vIng th¢ totsl reserves ai £1.030.658. At 31 Dc¢tmb¢r 2025 tbe trustees consider fu￿d5 are ￿equate fortheseputy>se5. STRUCllJRE. COVERNANCE AND MANAGEMEKr Govtrnimg documeot Thc chariry is controlledby its governin8 documcn( a detyj of tSUSt alld constiiuie5 an illkLfKory￿dlea tlwity. The H•rt Memor181 Trust R¢port ofthe Trn$tees for the Yur Endwi 31 ljrfember 2025 '17Jc ITUStee% all of whom live I￿￿1]y. arc cunsciou% of th¢ wtll-king of tho¥e for whi)m thcy ac¢cpi Te%ponsib51iiy. Thc Trust Deed pr(>vidcs for a maximum of5 Trusl¢cs. Thc Chair of tht TTU%tÉ*S is TC%Tonsihlc for thc induction of ally ncw Trustcc whieli includ¢s awarcncss of a Twslees rcsrrt)LL%ibiliiy, the EOVCrnillb do¢w￿ent Jnd the history ajjd phi105ophy of th. TrusL A nEw Tn￿l¢C would rLLCiVL copics of thc rrlevdnt dvcumLnWioD along with the prcvious yL'ar'5 aLcounts, annual rq)ort and gJOVLmsng thKum¥nt. -I'h¢ TNstces meet regularly bul the doy 10 day rutjning of the chatily is dclcgatcd to th¢ Chaimjan. The Trusiees ajwiually revithv the risks to the Tru# dnd its Trus￿. The Tnain itrm5 usually iDvolv¢ the mainle5JanLc of the buildings in Gonjunciion ivith thequinqucnnial TLP)rt prwcd by our PdnLI architecl. REFERENC.E AND ADMINISTRATIVE DETAIIS R￿151trert Charity number PrlncipAI address Cithdel HciLI% 58 HibTh %irccl Hull ri25t York¥hire I.IUI IQE Tru5te¢$ J B WdiQ Chdimun N Il BiuxlTratn A Mcrritt % L l.'ggltgioD Indepeiid¥nt 1GX81￿jner ma￿15 Loicy ajid Swai uilc I TIIL RivLrsi&. tluilding Past York¥liire I.IUI 3 OD/. Ar4ITovd by OTder of the knard oftrusw i)n.... . a￿1 Signed on its bchalfby.. JBW 'I'rustce Independent ExaJnlAer's Report to the Tru$tees0( The Hgrt MenJori*l TTUSt Independent examiDer's report to tke trustees of The H•rtMernorial Trnst I rcport ￿ the charity trustees ou my examinitsots of ¢he a¢¢oullts of Th¢ Hart MeDwrial ThJ5t (the Tr￿t) for the year cnd¢d 31 Detemb¢r2025. and of report As the charity knJ*tee5 of the TTUSt you are re6¢x)JJsible for the prepaT8tion of the accouDts in accordmc¢ witll th¢ rquitrtnfflts of th¢Charities Aci 2011 (the Act?. T retxTrrt in respect of my exarnination of the Truses accounts carrid out under SLYtion 145 of the Act and in carying out my examination T have followed all applt¢2ble Di￿110n8 given by the Chariry Commission W￿¢T Sertion 145(5llbl of the A¢L Independent examiner's st*f¢n*n¢ I b&ve compkied my exo￿l￿￿tiOn. I wtEfJnn that no materia] matter5 have c4)m¢ to my attention in with th¢ ¢xamillAtion gtving m¢ to bclieve that in any material re5￿t.. accovnling T¢cord5 w¢r¢notk¢pt in rewt of the TnL4 8$ required by 130 of theAcL' or the a¢¢ouDI8 do ac¢ord with those Te£ords' or the accounts do comply with the appltcablc requircments tonGernin8 the fomi and content of accounts set out in the Charities (Accounts and Rcports) R¢glllation5 2￿8 Ot￿r than any rcquircrncnt that the accowjts ue and fairviewwhrch 1$ t￿10 tn&Lter¢onsidered &8 part of an independentexarnination. I have no eoncens and have come across llo £*hcr maiters in conne£iioJx with the examinaiion to which att¢TLtiThJ should be drawn in this tqx)rt in order to ellabl¢ a prop¢r urXI￿t8￿d1tig ofthe accounts to bc T￿ched. Harris t*¢y and Swairt Suitc I The Riverside Buildittg H￿1¢ East Yorkshtre HU130DZ Da¢e....3..1. /0.7/le)￿.. Page 3 The Hart Memorial Trn$t Statsmcn¢ of Fim#ncial Actlwitl¢i for thc Y￿r v.nded 31 Der¢Trkner 20 2025 l-oknl 2024 Totsl futu1¥ Unrcstritled fund Regtricbl (und$ IIYCOME AND £f4DOWM£IYTS fr'ROM DoDalioMs w)(5 ILgacj&s 77.585 77,585 76.7( Investment brtl￿m¢ 5,9UI 5,IAII 5,983 Totsl 83.48() 83,486 82.687 XPENDITURE ON Charit*blL' aetlvilhe c.haritable a¥tivilie5 56,447 56,447 71,183 Other 4,102 4,102 4,913 Tutsl .549 60.549 70.01 Nei gains un inVQ*tments 9.930 9,930 2,822 NET INCOMD: 32.867 32,867 9.413 RliCOTrJCII,IATION 01,. FUNDS l-otsl funds bTnUbJhL forw4ird 262,894 714,1197 997,791 988.378 TIYTAL FIINDS C.ARIIILD b'nKWARD ?tJ5,761 714.R97 1.010.658 997.791 The ￿leS ron￿ psrt olikn¢ fiwial $thl¢mcnts Pa8e 4 The H*rt MeJllwiolTrn51 Bal*Dc¢ Sheet 31 December 2025 2025 Total 2024 Total UDTe5trictuJ fimd Re5tsiCteA Notc9 FIXED ASSETS Tan￿ble assets InveStn￿ts 75.837 96.974 734097 810,734 96974 810.734 87.044 734,897 )7,708 897.778 cuRRE￿r ASSETS Ddxor5 552 112.908 126.910 126,910 126,910 126,910 113.4(A CREDITORS Amtsunts fallJn8 due within one year (3.9￿) {3,960) {13.447) NET CUBRKNT ASSEIS 122.950 122,950 ICM).OL3 TOTAL ASSETS LESS CURRENT LIABILITIES 295,761 734,897 1,030,658 997.791 IYET ASSETS 295.761 734.897 1,030,658 997.791 io Unr¢gkncted ffi]nd5 Rastricwl fund5 295.761 734,897 262.894 734,897 TOTAL FVNDS 1.030.658 9)7.791 Thc financial stakments were approv¢d by the Board of TDJ5tc¢s and iutborised for i55U¢ .ZZlo.7/2p.S&....... almi wer¢ signed on its behalfby.. JBW The note5 fLYm pprt tsrth￿ fJnuKiai SlatcM￿ The Hart Mtrnorial Tru51 Note5 to the FinaDci*l Ststements for the Yewr F.nd¢d JI Dettmber 21125 ACCOUNTING POJ.ICIF.S Basis •fpTw*ring ¢h¢ fIxan¢i￿ staitments The fina￿13] slalemen￿ of ihe cliurily, whiLh is a publiG knefil cnlily undcr FRS 102. have been prepared sn ¥crotddtiLt WLth ilic Cli￿lti¢$ SORP ITrIiS 1021 AcLuunling and RcwrtiJ)g by ChaTltiL¥.. Ststcinenl of lietommcndcd lkncli¢¢ appli¢ablt th charilics prcparing thcir gcctsunL4 in trcothte with the Financial Rcportipg Sthidard applicablc thc UK a￿d Republic of Ireland (fRS 102> Icffcctyve l January 20191,, rinancjal Reportit]g Standard 102 The fitwcial Re￿rtIng Slandard applicablc in the IJK and Rtpublit or IrclRnd' ihc ch8riti￿ Act 2011_ The financi￿ 8tsL'mcnL8 havc bccn PfCP&Tcd undcT the hi¥ltsriL*I u)si eonvcntion. with the exLtption of investmcnts which arc inclUd￿J al markct value. as modifled by thc rcvttlualion of Lcrtain a￿¢1￿. Income All incornc 15 rti0¥rti$ed in the Stsomenl of Financial ALtyvilits onc¢ the charity enLiilemen( io ￿ funds.. It s pjvbable that the income will k rcceivd a￿￿11 catl h. measured reltably. 'I'he income of the ehArity &riscTh from 3 dittcrcnl wur¢￿.. Contributions from re8iden￿ which are weekly contyibytion& io covcr lnasniL*w￿t ofthe proF*ni&%. Invcbltneni income. wliich ar¢ divid¢tLd5 rto]n M&CJ Chdrily MLilti A￿1 5harL%. TntLrest rL'cLive4 which drL' rnonthly inlercst puymenl% ¥cccivcd tmm thc C()Ir (hw￿t1cE fkpxi%. it Fund. Expendi￿r¢ l.iabFITties arL' reLogrniscd u5 cxp¢ndÈturr 35 &% IhEre ¢& a Icgal IK consttwctivc obligation WTnmittinb thL charity 10 that ¥x￿ndItur¢. il is pJthablL that u tsansf¢r of cconomic bcncfits will bc rL*uitL'd in settleinL'ni and the amount of the vbli¥(iliort eart be measured rel¢•bly. P.xpu(titwe acLuunled for on do accrt￿lS basis and hyb bccn cl&gsifi¢d widL¥ hcadings thai ag8re84* all ¢o$t r¢iai¢d lo thc calcgory. Where costs cannot bc dir¢¢ily tiribuicd 10 panlcular heddi5Jb15 thcy h￿v¢ bcen allncalcd In activilics Im a ha%i% ctsn%isicni wilh Ihc u%¢ of rc%ouTCff. I'angible fixed *sxer5 FixLd ￿￿L￿15 arc rccognTscd iii thL' YLLounl% al cost or valllaiion. arc not d¢pr¢tiated, a5 Iht lartd alid buildijigs ar¢ ￿)1 dLrmcd lo lo¥¢ value oi'crliine. Inveslm¢ni$ IrEv¢stmeni¥ arc rcvulucd in the acwunLs cvery year, as ￿the Val￿ givcn frorn M&Ci Inv¢*th￿t1ts. Taxatio Thc chTity is exernpt from i&x on its charitsblc Bc¢ivilies. Fund atcounting UnTe.%iriCt￿ fullds ￿XL￿l in aLcurdancL with thc Ch￿$tabl¢ ubjLL*ivc5 kt thc disc￿1]0￿ i)f rhe ttUblL%S. R¢stllL*d funds can only bc w¢d for particular r¢ytriLied purposes within the objccts of th¢ thatity. R¢8trictions dnse when stKcified by thr d¢￿0￿￿[ whe]] [￿ndS we rais￿ for p8rticulur resirivid pu￿$¢$. ruTth¢rexplanaiion orth¢ nalurc al￿ PUTW>.¥e of cath fiind is includcd in th¢ li) ihc fir￿nCIal stale¥nenis. VtslimAie5 gthd judgent¢rtts Lsiimatos and judgcmcnts arc continually cvaluatcd and ore bas¢d on hi8ts)rical expuicnce and other faclo IllLludinu expeclations of futur¢ ¢venl% that Hre bclicved io bc r¢&$￿￿61¢ under thc cirCU￿￿tanCes. Although thL'%e L%iiinatc% Hre ba¥ed on thc TnLStcc' tL81 knowlcdgc of th¢ alr￿U￿L evcnls or aclitsL%, aciual tL*uIL% ultimatcly dkffer rhc%t t%timatcs. The TnL%ts%5 do tLOt theTE to be I￿Y Ma￿&] estlmatcs and judgcTncnt5. Pa¥t 6 conlinued... The Hart mejttorlalTr￿t Notssto th¢ fJnanciAI SlateJDtnts- tontinued for the Ve*r Ended 311)etemlJer 202$ AccouNrtNC POLICIES- eontln¥¢d E4tim#tu and Judgernefftts FlnRDci#l Instrnments The charity only has financial 8ssets and financial liabilities of a kind that qualify as basi¢ financial in51DJmeDts. Basic finanGial ins(nJments, inLluding trade and other debtors tRdi4)ts aTe initially Y￿)gnIsed ￿ trdn5aCtio vatue wbsequuily n￿wjrcat their scttlemcnt valuc. 2025 2024 Investn￿t incomc tkJx)sit account int¢r¢st 3.985 1,916 3,798 2.185 5.901 5.983 TRUSTEESI REMUNERATION AND BENE Thctt were no tru5tees' rcrnuneration or orh¢r b￿trIL8 for the year cnded 31 Dcffmiw 2025 tM)r for the yc4r ended 31 Dec¢mber2024. Trustees expentts Th¢re were no th]ueeg exper6es paid for the ye4r 31 December 2025 Dor for the yettr ethled 31 tknmber2024. STAFF COSTS Averag¢ number of employee5 The avcrnge numFxrot ￿P10Ye,549) 9.930 31867 TOTAL Fuf4DS 83.486 (6I)549) 9.930 32,867 Page 9 continued... The Hsrt Memori•l Trnst Notes to the FinAncial Statemtnts- continued for the Year w.ndod 31 Decemb¢T ZIIZ5 io. MOVFMEN'T IN FUNDS- cont1•u￿1 Comwratlv¢s for movement fund$ Net movtmcnl in funds At 1.1.24 31.12.24 Uvrestricted funds Cientr81 fund 253.481 9.413 262.%94 iiestrlL*ed Rc%lricied Capitsl Fund L 11sck%on Memorial fund 7.14.797 l(M) 734,797 734,897 734.897 TOTAI. FUN￿ 988,378 9,413 997,791 Cotnparative n(X movemenl iTh lund4 inLIu￿￿ in the above aw as lollow$-. Incoining rc%ourco% Crdills aTvJ I0&￿"S Mov¢Tncnl in fun(Is' CXPCLMted Unrestrltled fund5 Cicnerdl fund 82.6R7 17CTr,(K)C)I 2.822 9.415 TOTAL FUNDS 112.6R7 {76.(Y)Cil 2.822 Y.413 A ¥llinL'ni ycar 12 tnunths prior y¢dr 12 munthh LotnbiDLyl rosiiion is a5 follows.. Nct movancni in fU￿d At 31.1225 At 1.1.24 UnrLYtrltli'd fundi G¢￿etra1 fu 25.1.4XI 42280 295,761 Rrstwictrd fund¥ RLsIriLIL'd Capitsl Fund L l.Iickwn MLm(irial fund 734,797 734,797 734.897 4.897 TOTAI. FUNDS 988,378 42.280 1.030,658 Pagc 10 ¢ontinued... The Hart Mernori￿ Trnsl Not&4th the Fknanclgl StAtsm¢Dt8- Colltlnued for the Yur EJKled 31 Detember 21ns io. MOVEMENT IN TriINDS- eontittued A currellt ytsr 12 month and prior ycar 12 moDth$ ¢(mbined ne( movex in fi]nds. included in the above are •$ lollows-. Incoming expended in fiEnds Un￿StrICted funds General Fund 16&173 (136,645} 12.752 42280 TOTAL FUNDS 166,173 (136.6451 12,752 42280 RELATED PARTY DlSCtX)SURLS Thts¥ were no rdated paty tt3n5adii)lls thcyear endcd 31 Decembrr2025. PAg¢ll The H*rl Memori#l Trust D¢t4il¢d St&tsm¢rtt of bin#tttial AtttV1t￿ for ihe Ytgr Ende4131 December 2025 2024 INCOME AND Lf4DOWMENI8 l)onxtions and lego¢kJ Contribuiion8 from rcsidcnLs 77,585 76,704 Inve5tmenl income Invcsimtni income Dew)sil occouut in￿1 3.985 1.916 J.798 2,185 5.gjl 5.983 Tol#l In¢ornlng 83.486 82,687 EXPENDITURE ¢.harltabl¢ *Lrf%ltie¥ WaleT In%urdncL Lifclinc ¥hargu> 2242 2.868 I.¥V3 2.71)0 12,926 4.789 10,250 2.150 7CA 25.203 13.089 'kGtri¢iiy Kcpdirs dnd rcnewal8 Cjardcn iipke¢p TL'ILTh()nL' 3.455 I.IH)x 47,787 03.463 nthcr AclvLrtising Sundry P.XPLn%L& Proltsfjiunal Rates 707 3(X) 907 3,706 2.580 1.14 4.102 4.913 pport tosts Managtment Posiagc and %1giioncry 671 29Q Governxnce costs Acwnthncy ftrs Honorariuin Mutor Cxpen%es Lt¥4LI fLLS 1.380 6,250 7,989 7.430 'I'otsl ros011r￿S eKp¢ndcd 76,ll96 Net incofflt 22,937 6.591 This pa¥e not lorni part of the statuiory linanei41 stslemenis Pagt12