2025-12-31-accounts

REGISTERED CHAft￿ NUMBER: 229845 THE BZNGHAM HALL REPORT OF THE TRUSTEES AND AUDITED FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31ST DECEMBER 2025

THE BINGHAM HALL CONTENTS OF THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31ST DECEMBER 2025 Page Report of the Trustoos Roport of the Ind•p•nd•nt Audltors 7 to 9 ststem•nt of Flnon¢l•l A¢tlvltleJ io ststement of Financial Position li Not•5 to tho Flnanclal Statémonts 12 to 19

THE BINGHAM HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 The Trustees present theSr report wlth the flnanclal stalèments of the charlty for the year ended 31 December 2025. The trustees hjve adopted the provislons of Accountlng and Keportlng by Charltles,, Statement of Recommended Practlce appllcable to charltles preparlng their accounts in accordance wlth the Flnancial Reportlng Standard applScable In the UK and Republic of Ireland (FR5 102) (effectlve I January 20191. OBJecnvES AND ACTZVITZES Objectives and Jims The rnaln objectlve of the Trust Is to malntaln the Blngham Hall for use by Indlvlduals and clubs for lectures, concerts, drama, dance and other entertalnments, flower 5how5 and any other purposes whlch the Trustees may think flt and upon such terms and cDndltlons as they thlnk approprlate. In additlon, to malntaln the Danlel Blngham Sulte for use as a rifle range by the Cotswold Rlfle Club as thls Is one of the oldest In the country. The Trustees belleve thai the wlde ranglng use of the Hall facllltles for such varled events pay due regard to and meet the publlc benefit lest applied by the Charltles Commlsslon. ACHIEVEMENTS AND PERFORMANCE Churitjble activitles There has been a sharper focus on the ut1115allon of the Hall In 2025. Events Included the annual Pantomlme, several named entertalners and muslcal acts and the hostlng of several events of the local Historical Society Festlval several events, ?11 very well attended. In addition to thls, the Hall also hosted a human15t funeral for the fSrst tlrne. A polgnant yet celebratory occaslon provlding a small example of the Hall's ongolng communlty suppttrt. WeddSngs, DSwall, Blrthdays, Xmas Falrs, Postcard Falrs and Loc41 Chgir events also empha51se the ver5atlllty and deslre to hold such gatherlngs In the comrnunlty - a vlslon Danlel Blngham would have Indeed been very proud of, However, It Is also noted that the cost of IlvSng Is not a slngular event everyone Is affected and the Trust wltnessed some hlrlng Can￿lIatIonS and a small number of regular hlrers no longer contlnulng In the year whSch whllst not 5urprislng Is tlnged wlth sadness. And It goe5 Without saylng that all thls could not be pos$lble wlthout a great team the Trust's staff contlnue to oversee and deliver an excellent experlence to hlrers of the Hall wlth contlnued compllment5 belng recelved. And, of course, the Board of Trustees who oversee the strategy, fln8nces and Implementatlon of progressive plans complete the team. All recelve my heartfelt thank5 for anoiher year of progress and success. Page I

THE BXNfjHAM HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 PZNANCIAL REVIEW Flnancijl p051tion Income from other tradlng artlvltles In 2025 remalned very conslstent wlth last year wlth an Increase of 2.78%; Income from the stock ol resldentlal let propertles Increased by 13.40/9, de5plte several propertles beln9 vacant and refurbished in the year. Hall Income de¢￿ased by 17% as the Trust contlnued to develop the proposltion of the upgraded Hall Expendlture dropped markedly In the year due In part to the flnal payments for the upgraded èudlo and Ilghtlng systems wlthln the Hall. Hall repair expenditure dropped by 54% and, due to close management of the resldenllal refurblshment costs, ￿SIdentIal property ￿paIr cost5 also¥ reduced by 47%. Overall expenditure on repairs therefore dropped by 49.5%, 0 very pleasing ￿sUIt Sn thls current economlc ellmate. Total expendlture for the year reflected a reductlon of 15Wo on 2024, Thls Is due to a number of factors, not least the ongolng acllve revlews conducted by the Flnan¢e Committee and Trustees. Overall, when all thlng5 are consldered, a solld year of actlvlty agaln5t a currently challenglng economlc cllmate. The projects achleved to date have resulted In a more marketable Hall venue for more high-profile events; propertles belng refurblshed to a hlgh standard have reflected an Increase In the rental incorne. All these projects have been costed and flnanced wlthln the Trust'5 resources, without the need to ralse any external fundlng to achleve thls. There are obvltsusly, a number of current and future challenges out the￿ for the Trust to be mInd￿l of.. the current unpredlctable eeonomlc envlronment leads to Increased cost5 above the board almost all well beyond the stated rate of inflatlon,. the dlsposable Income of an Indlvldual 15 reduced and thu5 has reflected In a number of events beln9 cancelled, or les5 well attended. the ever Increaslng demands belng placed on the Trust In respect of admlnlstratlon, compllance, health and safety to name but three. All of these are a constant ¢hallengel Xnvastment pollcy and obJe¢tlve8 Under the Trust Deed, the Trust has the power to make any Investment whlch the trustees see fit. The Trustees have considered the most approprlate pollcy for Investlng funds and have found that COIF ICh3ritles Offlclal Investment Fund), Natlonal Savlngs, short term Ilxed rate bank Investments and bulldln9 50ciety investment accounts generally meet the ￿qUIreMentS of both Income and capltal growth. Thls strategy allows for ac¢ess to funds an immedlate basls as well as the opportunlty to ttract a fair return on mr>nles Invested In the short term. The trustees conslder the a¢cesslblllty of funds and return on Investments to be 5at15factory, glven the contlnued cllmate of low Interest rates. Pa9e 2

THE BINGHAM HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 FXNANCIAL REVXEW Reserves pollcy The Blnghatn Hall Trust derlves Income frorn two maln sources,. the lettlng of the 23 propertles owned by the Trust and the hlrlng out of the Hall and a550ciated rooms. Whllsl the rental Sncome from propertles 55 guaranteed L*P to a polnt, the Income from Hall hlrlng Is le55 50. It 15 therefore lrnportant to ensure there are sufficient funds £vallable to tlde the Trust In the event of a temporary gap In Income, If exlstlng stsurtss af Income are lost The oblettlve of the Hall, a5 Qulllned in the orlglnal indenture, Is to provlde accesslble space lor the local communlty and surroundlng parlshe5 for the furtherance of lelsure actlvltSes, Includbng the malntenance of a rlfle range. Income for these a¢tlvltle5 15 to be raised through the hiring of the Hall and letting of the sld&ntial propertles. The incorne derived from the residentlal propertles are on tenancy agreèments and provlde èn amount of certalnty. The Trustees are mlndfvl that cash should be kept In reserve for specific rea50n5 and that cash balances should not be only Invested. However, the de55re to fund major projects wlthout external fundlng Is key to the Trustees thlnklng thls Is achleved through sensSble plannlng by the FlnanTr and Bulldlngs Commlttees for known event5 as well as unexpected requlrements. Pactors tak•n Into consldÈratlon The challenge facing the Tru5tee5 Is a akln to a set of balance scales on the one slde there Is a need to ensure the fabrlc of all the Trust's premlses a￿ malnt<in¢d tp an acceptable standard wlth the ablllty to upgradelmodernlse as opportunltles arlse. On the countÈr 5Sde, the Trustees are requlred to ensure there Is sufflclent inEome 9enerated to ensure that these obJ"ectlves can be met as well as ensurlng there Is robust reserves pollcy to mltlgate any unforeseen events. Income is generated from all resldentlal propertles and the Hall and It's assoclated space. The Income Fmm resldentlal lettlng5 can be seen as regular Income, wlth the occupancy rate remalnlng conslstently very high. Income from Hall and assoclated space hSrlng 15 le55 guaranteed. Pollcv The Finance Cornmittee have considered all of the sallent facts and conslder It approprlate to ensure that flgure equlvalent to an average of 6 months expendlture be retained In reserve to ensure that the main operations of the Trust can contlnue. However, should thls level of reserve be temporarlly brought under pressure by a slgnlflcant ￿palr project, the Flnance Commlttee wlll ensure an approprlate plan is 1nstlgaled to replenlsh the balance to the agreed level no later than slx months of thls balance belng reduced. This policy is reviewed annually by the Flnance Commlttee to conslder Its sultablllty taklng Into account any changes to the Trust's buslness or Infrastructure or prevalling market condltion5. Golng con¢¢rn The Trustees have consldered the forthcoming period and are happy that due to the level of reserves I the charlty and the tenancy èoreements they have In place In regards to the ￿sIdentIal propertles the golng concern princlple remalns approprlate. Page 3

THE BINGHAM HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 FUTURE PLANS A5 part of the ongolng Governance struttu￿ of the Trust, the Bv)rd of Trustees continually review and asses9 the core objectlves of the Blngham Hall Trust, to ensure they both remaln allgned wlth the vlslons of our benefacttsr, D8nlel Bingham and contlnue to be able to adapt to the ever-changing wortd. The hallenges and expenses of compllance, malntenance, prornotion, a rapldly unpredictable and changing cllmate and general cost of Ilvlng are today far more compllcated and dlfferent to those of the 1910.5 when the Hall and resldentlal propertSes We￿ ctsnstructed and flrst put to Use. 2025, Ilke prevlous year5, provlded the Trust with challenges several major refurblshments resldential propertles We￿ very successfully completed., however, wlth each refurbishment the costs associated continued to Increase, monlh on month but the end result wlll hopefully ensure no Major works wlll be requlred on these propertles for the fO￿seeable future. The prgmotlon of the Hall and new technical infrastructure of Ilghtlng and acoustScs reaped dlvldend In th& year wlth some natlonal named perf0rrne￿ graclng the stage. In addltlon, support contbnued for locally based events such as the annual paniomlme as well as hostlng several events for the local Hi5torlcal Soclety. The new technology, Without doubt, elevated the events markedly and Lhe plan for the upcomlng year Ss to contlnue to Invest and develop the Hall venue for more such events. Effectlvelyi 2026 vvlll be another year of gradual, solld progress of these two maln )rea$ - but of ¢¢urse, one 15 always ready for the regular unplanned" challenges that crop up. But wlth the support and sound governance of the Board of Trustees I am confident that another year of challenges will be met full on ènd 5ucce55 In many areas wlll be achleved. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng docurnent The governlng document for the charlty Is the trust deed dated 16 March 1907. Recrultm•Trt •nd •ppolntment of new trustees The charlty Is constltuted by a board of trustees and the hall staff, Tru5tee5 are appolnted by way of Invltatlon. Organl¥Jtlonul structure Key officers of the charlty are the followlng.. Chalrman - Mr K Wlnmlll Vlce Chalr - Mrs S Harrlson Flnance Commlttee Chalrman Mr R Bowyer Building5 Committee Chairman . Mr A Francis Hall Manager- Mrs S Klng REFERENCE AND ADMINISTRATIVE DETAXLS Rtglstered Charlty number 229845 Princlpal addross Klng Street CIRENCESTER Gloucestershire GL7 IJT Page 4

THE BINGHAM HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 Trustees Mr K Wlnmlll Mr R Bowyer Mr P Rowe (re51gned 9.3,261 Mrs J D Jarvls Ms J Parls Mr P J Hooper {￿SIgned 17.9.25) Mr A R Fran¢1s Mrs E Brereton Mr J W C Beaman Mr D Dunn Mr A P Brown Mrs S Harr150n Mr A Webb Audltor• Morri5 Owen statutory Audltors 43-45 Devizes Road SWINDON Wlltshlre SNI 43G Bankors Lloyds 8ank PIC 14 Castle Street CIRENCESTER Glou¢ester5hlre GL7 IQJ Solicitors Sewell Mulllngs Logle LLP 7 Dollar Street Clrencester Gloucestershlre STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees are responslble for preparlng the Report ol the Trustees and the flnanclal statements It) accordance wllh appllcèble law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountlng Practlcel Intludlng Flnanclal Reportlng Standard 102 "The Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland" Charlty law requlres the trustees to prepa￿ flnanclal stètemEnts fDr e6¢h fln6nclal year. Under that law, the trustees have elected lo prepare the flnanclal statements In accordance wlth Unlted Klngdom Generally Accepted A¢¢ountlng Practice Iunlted Kingdpm Accounting Standard5 and applicable lawl. Under charity law the trustee5 must not approve the flnanclal statements unless they are satlsfled that they glve a true and falr view of the state of affalrs vf the charity and of the inccmlng re50urce5 and appllcatlon of resources, Includlng the Income and expendlture, of the ¢harlty for that pertod. In preparing those flnanclal statements, the trustees are requlred to select sultable accountlng pollcles and then apply them conslstentlyi observe the methods and principles In the CharitSes SORP,. make judgements and estlmate5 that are reasonable and prudent,. prepore the flnanclal statements on the golng concern ba51s unless It Is Inapproprlate to presume that the charity wlll continue In buslness. The trustee5 are responsible for keeplng proper accountlng records whlch dlsclose wlth reasonable accuracy at any time the financlal posltlon of the charlty and to enable them to ensure that the flnanclal statements comply wlth the Charllles Act 2011 and The Charlty (Accounts and Reports) Regulatlons 2008. They are also responslble for safeguardlng the assets of the charlty and he￿￿ for toklng rea50nable step5 for the prevention detectlon of frauLI and other Irregularltles. Page 5

THE BINGHAM HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 Approved by order of the board of trustees on 15th June 2026 and signed on its behalf by.. Mr K Wlnmlll Trustee Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE BINGHAM HALL Oplnlon We have audlted the flnanclal statements of The Blngham Hall (the 'charlty') fc¢r the year ended 31st December 2025 whlch comprbse the Statement of Flnanclal Actlvltles, the Statement of Flnanclal Posltlon and notes to the financlal statements, including a summary of slgnlncant accountlng pollcles. The financlal reportlng framework that has been applied in their preparation 15 appllcable law and Unlted Klngdom Attountlng Standards Iunlted Klngdom Generally Accepted Accounting Pr6ctice), includlng Flnancial Reportlng Standard 102 'The Flnanclal Reportlng Standard appllcable In the UK and Republlc of I￿ land,, In our oplnlon the flnanclal statements.. give a true and fair vlew of the state of the charlty's aFfalrs as at 31st December 2025 and of Its Ineomlng resource5 and appllcatbon vf resources, lor the year then ended; have been properly prepared In accordance wlth Unlted Kingdom Generally Accepted Accountlng Practice, includlng Financlal Reportlng Standard 102 'The Flnanclal Reportlng Standard applicable in the UK and Republlc of Ireland and have been prepared In accordance wlth the requlrements of the Charltles Act 2011. Bas18 for oplnlon We conducted our audit In accordance wlth Internatlonal Standards on Audltlng (UK) (ISAS IUKII and appllcable law, Our responsibilities under those standards are further descrlbed in the Auditors, responslbllltles for the audlt of the flnanclal statements sectlon of our report, We are Independent of the chgrlty In attordance with the ethical requlrements that are relevant to our audlt or the flnanclal statements In the UK, Includlng the FRC'S Ethical Standard, and we have fulfilled our other ethical responslbllltles In accordance wlth these reqU1￿meNts. We belleve that the audlt evldence we have obtalned Is suffl¢lent ènd appr¢prlate to provide a basis for our opinion. ConcluBlons relatln9 to golng con¢erD In audltlng the flnanclal stalements, we have concluded that the trustees, use of the going concern basis of accounting In the preparatlon of the flnanclal statements Is approprlate. 6a5ed on the work we have performed, we have not Idenllfled any materlal urcertalntles relatlng to events or condltlons that, Indlvldually or colle¢tlvely may cast signifi¢<nt dgubt gn the chirlty'5 gbility to ontlnue as a golng concern for a pedod of at least twelve month5 from when the flnanclal statements are authorlsed For Issue, Our responslbilltles and the responslbllltles of the trustees wlth ￿spert tts golng ¢on¢ern ar¢ descrlbed In the relevant sections of this report, Other Information The trustees are responslble for the other Informatlon. The other Informatlon comprf5es the inforrnation Included In the Annual Report, other than the flnanclal statements and our Report of the Independent Audltors ther¢on, Our oplnlon on the ftnancSal statements does not cover the other Informatlon and, except to the extent otherwlse expllcltly stated In tsur report, we do not expres5 any form of assuraftce CDnclusltsn thereon. In connertlon wlth our audlt of the flnanclal statements, our responslblllty Is to read the other Information and, in doing SD, CPll5ider whether the other informatlon is materlally inconsistent with the nnanclal statements or our knowledge obtalned In the audlt or otherwlse appears to be matedally mlsstated. If we identlfy such materlal Inconsistencies or apparent materlèl mlsstatements, we are requlred to determlne whether thls glves rfse to a m)teri)I mi5Staternent in the financial stotement5 themselves. If, based on the work we have performed, we conclude that there Is è matedal mlsstatemenl of this other informatlon, we are requlred to report that fact. We have nothlng to report In thls regard. Matters on whlch we are requlred to report by exceptlon We have nothlny to report in respett of the followlng matter5 where the Charftie5 IAccount5 and Reports) Regulatlons 2008 requlrés us to ￿port to you If, In our tsplnl¢n.' the inforrnation 9iven in the Report of the Trustees is Incon515tent in any material respect wlth the flnanclal statements., or sufflcient accounting records have not been kept; or the flnanclal statements are not In agreement wlth the accountlng records ènd returns; or we have not recelved all the Informatlon and explanatlons we requlre for our ?udlt, Page 7

REPORT OF THE INDEPENDENT AUDXTORS TO THE TRUSTEES OF THE BINGHAM HALL Responslbllltle$ ol trustees A5 explained rnore fully in the Statement of Trustees, Responsibllities, the trustees are responslble for the preparation of the financlal Statements whlch glve a true and falr vlew, and for such Internal control as the trustees determlne Is necessary to enabSe the preparatlon of flnanclal statements that are free from materlal mlsstatement, whether due to fraud or error. In p￿p3rfng the flnancSal statements, the trustees are responslble for assesslng the charlly's ablllty to contlnue as a golng concern, d15closlngi as appllcable, matters related to going concern and uslng the golng concern basls of accountlng unless the trustees elther Intend to Ilquldate the charlty or to cease operatlons, or have reallstl¢ alternètlve but to do so. Our r¢¥ponsibilities for the audlt of the flnanclal statements We have been appolnted as audltors under Sectlon 144 of the Charltles Act 2011 and report In accordance with the Act and relevant regulatlons made tsr havlng effect thereunder. Our obJectSves are to obtaln reasonable assurance about whether the flnanclal statements as a whole are free from rnaterial misstatement, whether due to fraud or error, and to Issue a Report of the Independent Audltors that include5 our opinion. Reasonable assurance is a high level of assurance, but Is not a guarantee that an audlt conducted In accordance wlth ISAS (LIKI wlll always detect a materlal mlsstatement when it exlsts. Mi55tatements can arise from fraud or error and are consldered material if, Indlvldually or In the aggregate, they could reasonab5y be experted to Influence the eronoml¢ declslons of user5 taken on the basss of these Ilnanclal statements. The extent to whlch our proTrdure5 are capable of detectlng Irregularltle5, Includlng fraud Is det6lled below.. Our approach to Identlfylng and assesslng the rf5ks of materlal mlsststement In respert of Irregularltles, Includlng fraud and non-compllance wSth laws and regulatlon5, was as follows.. the engagement partner ensured that the engagement team collertlvely had the approprlate competenee, capabilities and skills to Identify or recognise non-compllance wlth 3ppllcable laws and regulatlons through the audlt plannlng process., we IdentifSed the laws and regulatlons appllcable to the charlty through dlscusslons wlth trustees and other management, and frtsm our ¢tsmmer¢lal knowledge and experlence ¢f the ¢harltV 5ettor,' we focused on specific law5 and regulatlon5 whlch we considered may heve a dlrect material effect on the f(nanclal statements or the operatlons of the Company, Includlng the Charltles Act, gèneral da prote¢tlon regulatlons IGDPRI, ernployment, and health and safely legislation we assessed the extent of compllance wlth the laws and regulatlons Identlfled above through maklng enquiries of management and Inspectlng legal correspondence,. and Identifled laws and regulation5 were communicated within the audit team regularly and the team remalned alert to Insiances of non-compliance throughout the audlt. Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE BINGHAM HALL We assessed thls susceptlblllty of the charlty's f￿nancIal statements to matedal m155tatement, Including obtainlng an understandlng of how Iraud mSght occur by.. maklng enqulrles of management as to where they considered there wa5 5usceptlbility to fraud, their knowledge of actual, suspected and alleged fraud; and considering the internal controls In plJtt to mltlgate rbsks of fraud and non-compllan¢e wlth laws and regulatlQn5. In response to addressing the rlsk of fraud due tc+ management overrlde of Inrernal c¢ntrols we., performed analytlcal pmcedures to Idèntlty any unusual or unexpected relatlonshlps,. tested journal entrie5 to identify Ltnusual transactions,. assessed whether Judgements and assumptlons made In determlnlng the aC￿￿ntIng estlmates set out In note two were Indlcatlve of potentlal blas,. and Inve5tlgated the ratlonale behlnd sbgnlflcant ¢r unusual tran5artlon,' En response to the rlsk of Irregularltles and non-compllance wlth laws and r¢gulatlon5, we deslgne¢J prvcedures which Included, but were not Ilmlted to,. agreeing nnanclal statement dIsclosu￿$ ro underlylng supportlng documentatlon., and revlewlng minute5 of Board meetings held for the ex15tence of actual and potentlal Iltlgatlon and clalms Due to the Inherent Ilmltatlon5 of an audlt, there Is an un?voldable rlsk that we may not have detected stsme rnaterlal rnlsstatements In the flnanclal statements, even thoLJgh we have properly planned and performed our audlt In accordance wlrh audlting 5landard5. For example, as wlth any audit, there malned a higher rlsk of non-detectlon of Irregularltles, as these may Involve colluslon, forgeryi Intentlonal omlsslons, mlsrepre5entatlons, or the overdde of Intemal controls. We are not responslble for preventing fraud or non-compllance wllh laws and ￿gUlatI￿n$ and cannot be expected to detect all fraud and non-compllance with law5 and regulatlons. Materlal mlsstatements that arlse due to fraud can be harder to detect that) those that arlse from error as they moy Involve dellberate concealment or coIIusitsn. A further descrlptlon of our responslbllltles for the audlt or the flnanclal statements Is lts¢ated on the Flnanclal Reportlng Councll's webslte 8t www.frc,org.uk/auditor5re5ponsibilitie5. This description forms part of our Report of the Independent Audltors. Use of our roport Thls report Is made solely to thè charlty's trustees, as a bodyi In accordance wlth Part 4 of the Charltles IA¢¢Junts and Reports) Regulations 2008. Our audlt work has been undertaken so that we mlght state to the charlty's trustees those matters we are requ1￿￿ ¢9 state lo them In an auditurs, repurt and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responslblllty to anyone other than the charity and the charity's trustees as a bodyi for our audlt work, for thls report, or for the oplnlons we have formed. mOr￿S Owen Statutory Audltors 43.45 Devlzes Road SWINDON Wiltshire SNI 4BG Date., Page 9

THE BINGHAM HALL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025 2025 Total funds 2024 Total funds Un￿StrICted Endowment funds fund Note5 INCOME AND ENDOWMENTS FROM Other tradlng activltles Investment Income 265,452 4,995 165,452 4,995 258,248 12,174 Tatal 270,447 270,447 270,422 EXPENDITURE ON CharltablÈ actlvltles Charitable activities 268,149 26B,149 315,707 Net galns on Investments 500,000 NET INCOME 2,298 1,298 454,715 RECONCILXATION OF FUNDS Total lunds brought forward 403,492 7,300,000 7,703,492 7,248,777 TOTAL FUNDS CARRIED FORWARD 405,790 7,300,000 7,705,790 7,703,492 The notes form part of these financial 5tafrments Page 10

THE BINGHAM HALL STATEMENT OF FINANCIAL POSITION 31ST DECEMBER 2025 2025 Total funds 2024 Total funds Unrestrlrted Endowment funds fund Notes PIXED ASSETS Tan9ible assets Investment Investments Investment property 149,077 149,077 171,340 io li 2,300 2,300 7,300,000 7,300,000 2,300 7,30LI,OOQ 151,377 7,300,000 7,451,377 7,473,640 CURRENT ASSETS Stocks Debtor5 Cash at bank and In hand 12 13 loo 22,861 246,327 loo 22,861 246,327 loo 30,088 211,333 269,288 269,188 241,521 CREDrroRS Amounts falling due within one year 14 (14,875) (14,875) 111,669) NET CURRENT ASSETS 254,413 254,413 229,852 TOTAL ASSETS LESS CURRENT LIABILITIES 405,790 7,300,000 7,705,790 7,703,492 NET ASSETS 405,790 7,300,000 7,705,790 7,703,492 FUNDS Unrestricted ￿ndS Endowment funds 15 405,790 7,300,000 403,492 7,300,000 TOTAL PUNDS 7,705,790 7,703,492 The nnanclal ststements wer¢ approved by the Board of Trustees and authorlsed for Issue on 15th June 2026 and were 51gned on Its behalf by.. Mr tee Mr R Bowyer - Trustee The notes form part of these flnanclal statements Page 11

THE BINGHAM HALL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025 CHARITY INFORMATION The charlty 15 unlncorporated, formed by a trust deed and reglstered at the Charlty Commlsslon for England & Wale5, The prlncipal place of buslness Is at Klng Street, Clrencester GL7 IJT These flnanclal statements are presented In Brlt15h Pounds {GBPI, whlch Is the charlty's functlonal and presentational currency. ACCOUNTING POLICIES Ba818 of preparSng the finan¢lal statements The flnanclal statements of the charllyl which 15 a publlc benefll entlty under FRS 102, have been prepared in accordance wlth Ihe Charltles SORP IFRS 1021 'Accounting and Reporting by Charltles.. Statement of Recommended Prdctlce appllcable to charltles preparlng their Iccounts in accordance with the Flnanelal Reportlng Standard appllcable In the UK and Republlt of Ireland IFRS 1021 {effective l January 20191,, Flnanclal Reporllng Standard 102 'The Financlal Reporting Standard applltable In the UK and Republlc of Ireland, and the Charltles Act 2011, The financial Statements have been prepared under the hlstorlcal cost conventlon, wSth the exceptlon of Investments whlch are included at market value, as modlfled by the revaluotlon of ¢ertaln a55ets. FlnanclAI reporting standard 102 - r4duc•d dlsclosurè exÉmptlons The charlty has taken advantage of the followlng di5c105ure exernption in preparlng these flnanclal statements, a5 permltted by FRS 102 'The Flnanclal Reportbng Standard appllcable In the UK and Republlc of Ireland,: the requlrements of Sectlon 7 Statement of Cash Flows, Slgnifl¢#nt judgements and estlmates In p￿parIng these flnanclal statements, the trustees have made the followlng Judgements.. Determlne the fair value of investment propertyi please refer to note 11 for more detall, Determlne the period of useful economic Ilfe and any resldual value of all tanglble flxed assets order to wrSte off the value of each asset over that perltsd. Income All income Is recognlsed In the Ststement of Flnanclal Actlvltles once the charity has entitlement to the fund5, It is probable that the Income wlll be recelved and the amount Can be measured rellably. Llabllltl•$ Liabllitles are recognlsed as expendlture as soon as there is a legal gr constructive obligation committlng the charlty to that expendlture, It 15 probable that a transfer of economlc beneftts wlll be required In settlement and the amount of the obllgatlon can be measured rellably. Expendlture is accounted for on an accruals basls and has been clas51fled under headlng5 thot aggregate ?11 cost related to the category. Where costs cannot be dlrectly attrlbuted to partlcular headlno5 they have been allocated to actlvltles on a basis conslstent wlth the use tsf rts¢ur¢e5. Tanglble fixed ass•ts Depreciatlon Is provlded ot the followlng annual rates In order to wrlte off trach Jsset over its estlmated useful Ilfe. Flxtures and fittln95 15% on reduclng balance Invqstment proportles The propertles are stated at truslees. valuatlon, based on the last formal external market valuatlon obtalned and then uslng approprlate cprnmerdal Indlces lo reflècl th¢ movement lo the current date. Page 12 contlnued.

THE BINGHAM HALL NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THe YEAR ENDED 31ST DECEMBER 2025 ACCOUNTZNG POLICIES - ¢ontlDuod stocks Stocks are valued at the lower of cost ènd net ￿alIsable value, after maklng due allowance for obsolete and slow moving item5, Taxation The charlty Is exempt from tax on It5 charitable activities. Fund accountlng Unrestrlcted funds ¢an be used In accordance with the charitable objectives at the dISc￿tIon of the twstees. Restrl¢led fund5 can only be used for partlcular restrlcted purposes wlthln the objecrs of the charSty, Restrlctlons ar15e when 5peclfled by the donor or when fund5 are ralsed for partlcular restricted purposes. Further explanatlon of the nature and purpose of each fund Is Included In the notes to the flnanclal statements, Penslon costs and other posbretlrement beneflts The charlty operate5 a deflned contribution pension scheme. Contrlbutlons payable to the charlty'5 penslon scheme are charged to the Statement of Flnanclal Actlvitie5 In the period to whlch they relète. Flnanclal Instruments Short term debtors are measured at transactlon prlce, less any Impalrment. Loans recelvable are measured Inltlally at falr v?lue, net tsf tran5artion cost5, and are measured subsequently at amortbsed cost Uglng the effecllve Interest method, less any Impalrment. Short term trade credltors )re measured at the transactlon prlce. Other flnanclal Ilabilltles, Includlng loans, are measured Inltlally at falr value, net of transattlon costs, and are measured subsequently at arnortlsed cost U5Ing the effectlve Interest method. The charltles Investments conslst of NatlDnal 5avSngs and Investment Income bonds and a deposlt In a COLF. Both Investmenrs can been wlthdrawn ai any ilme and therefore are consldered to be basic financial instrument5 under FRS 102 sectlon 11 and a5 such are Inltlally measured at transactlon prlce and subsequent5y at falr value. OTHER TRADING ACTIVITIES 2025 2024 Rent - Propertles Lettlngs - Hall Other Income Events Income 190,280 56,451 167,783 70,606 122 19,737 18,720 265,452 258,248 Pjye 13 contlnued...

THE BZNGHAM HALL NOTES TO THE FINANcfAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEM8ER 2025 INVESTMENT INCOME 2025 2024 Dep051t account Interest 4,995 12,174 AUDITORS, REMUNERATION 2025 2024 Fees payable to the ¢harfty's audltors for the audlt of the charlty's financial statements 8,250 7,875 TRUSTEES, REMUNERATXON AND BENEPXTS 2025 2024 Trustees, sJlarle5 Trustees, fees 1,994 1,000 2,659 1,000 2,994 3,659 Trustees, expense* There were no trustees, expense5 pald for the year ended 31st December 2025 nor for the year ended 31st Derember 2024. STAFF COSTS The average monthly number of employees durtng the year was as follows.. 2025 2024 Charitable actlvltles No employees received emoluments In excess ¢f £60,000. COMPARATIVES FOR THE sfATEMENT OF FINANCIAL ACTIVXTIES Unrestrlcted Endowment funds fund Total fund5 INCOME AND ENDOWMENTS FROM other trading actlvltles Investment incotne 258,248 12,174 258,248 12,174 Total 270,422 270,422 EXPENDITURE ON Charltable ?ctlvStle8 Charltable activities 315,707 315,707 Net galn$ on Investrnents 500,000 500,000 NET JNCOME/(EXPENDITURE) 145,2851 SOD,000 454,715 RECONCILXATXON OF FUNDS Total funds brought forward 448,777 6,8OD,000 7,248,777 P8ge 14 ontinued...

THE BINGHAM HALL NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR ENDED 31ST DECEMBER 2025 COMPARATIVES FOR THE STATEMENT OP FINANCIAL ACTIVITIES - continu•d Unrestricted Endowment funds fund Total lunds TOTAL FUNDS CARRIED FORWARD 403,492 7,300,000 7,703,492 TANGX8LE FIXED ASSETS Flxtures and flttlngs Computer equipment Totals COST At 1st JanLiary 2025 Addltlon5 D15posa15 292,015 1,685 (3,120) 292,015 2,185 (3,120) 500 At 315t December 2025 290,580 500 291,080 DEPRECIATION At 1st January 2025 Chargè for year Eliminated on di5P05al 120,675 24,391 (3,105) 120,675 24,433 (3,105) 42 At 315t December 2025 141,961 42 142,003 NET BOOK VALUE At 31st December 2025 148,619 458 149,077 At 31st December 2024 171,340 171,340 io. FIXED ASSET XNVESTMENTS Unlisted Investments MARKET VALUE At 1st January 2025 ènd 315t December 2025 2,300 NET BOOK VALUE At 31st December 2025 2,300 At 31st December 2024 2,300 There were no Investment assets ovtslde the UK. All Investments represent cash Investments held prlmarlly to provlde an Snvestment return for the charlty, The assets are valued at falr value, Page 15 continued...

THE BINGHAM HALL NOTES TO THE FINANCIAL STATÈMENTS - contlnued FOR THE YEAR ENDED 31ST DECEMBER 2025 11. INVESTMENT PROPERTY FAIR VALUE At 1st January 2025 and 31st December 2025 7,300,000 NET BOOK VALUE At 31st Decernber 2025 7,300,000 At 31st December 2024 7,300,000 The Bingham Hall Is acwunted for a5 an Investment property In accordance wlth Fbnanclal Reportlng Stsndard 102 Sectlon 17. The remaining propertles conslst of a number ¢f re51dentlal dwelllng$ In Watemioor Road, Clrencester and Klng Street, Ciren¢e5ter. All Investment propertles held by the charlty are deflned as Inalienable assets, as the trust document requlres the propertle$ to be retained and used indefinitely for the charltable objects, preventbng any dlsposal wlthout exkrnal cgnsent. A5 part of ongolng revlews, Trustees contlnue to consider the respective value of Its "brlcks and mortar" assets. In conjunctlon wlth a revSew undertaken by the Trust's Insurer, conslderatlon was glven to the resldentlal bulldlngs and Hall estirnated valuatlons, wlth of course due conslderètlort belng glven to the caveat wlthln the Trust Deed that prtspertle5 cannut be di5P05ed of by the Trust. A5 a result of thls, the annual accounts are subject to a revlew to asses thls valLr<tion. In doing so, trustees assess If an upllft is required for an increase In property values, a recallbratlon ef the ndex linked Increases whlch have been occurring since 2015 together with conslderation of value levels based on the Trust deed constralnts. A number of models h?ve been employed to olculate these flgures to contlnue to maintain an up-to-date posltlon based on all of the avallable informatlon. Followlng a reallgnment last year, and after carrylng out revlew, the trusteeg belleve the current rnarket value In the accounts Is stlll approprlate. 12. STOCKS 2025 2024 stocks loo loo 13. DEBTORS: AMOUNTS FALLXNG DUE WITHIN ONE YEAR 2025 2024 Trade debtors P￿paymentS and accrued Income 2,132 20,729 965 29, 123 22,861 30,088 Page 16 continued...

THE 81NGHAM HALL NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2025 14. CREDITORS., AMOUNTS FALLING DUE wrrHIN ONE YEAR 2025 2024 Soclal securlty and other taxes Other credltors Accrua15 and deferred Income 1,959 1,834 7,876 5,069 9,806 14,875 11,669 15. MOVEMENT IN FUNDS Net movement In funds At 31.12.25 At 1.1.25 Unre$trlcted fund• General fund 403,492 1,198 405,790 Endowrnent funds Permanent endowment fund 7,300,000 7,300,000 TOTAL FUNDS 7,703,492 2,298 7,705,790 Net movement In fiJnds, Included In the above are a5 follows.. Incomlng resources Resources expended Movement in fund5 Unrestricted funds Ganeral fund 270,447 (268,149) 2,298 TOTAL FUNDS 270,447 {268,149) 2,298 Comparatlves for movement in fvnds Net movement In funds Transfers between funds At 31.12.24 At 1.1.24 ilnrestrlcted fund* General fund Deslgnated rennovatlon and repalr fund 348,777 47,937 193,2221 303,492 loo,000 193,222} 93,222 loo,000 448,777 145,2851 403,492 Endowment fund5 Permaneni endowment fund 6,600,000 500,000 7,300,000 TOTAL FUNDS 7,248,777 454,715 7,703,492 Page 17 continued,,,

THE BINGHAM HALL NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 31ST DECEMBER 2025 15. MOVEMENT IN FUNDS- contlnued Comparatlve net mtsvement In funds, Included in the above ar@ as follows.. Incomlng resources Resources expended Galns and losses Movement n funds Unrestrlctad funds General fund Deslgnated ￿nn0vatIon and repair fund 270,422 1222,4851 47,937 (93,2221 193,222} 270,422 1315,7071 145,285) Endowment funds Permanent endowment fund 500,000 500,000 TOTAL FUNDS 270,422 1315,7071 500,OQO 454,715 A current year 12 months and prlor year 12 month5 combined posltlon Is as follows,. Net rnovement In funds Transfers between fund5 At 31.12.25 At 1.1.24 Unr*?tricted funds General lund Deslgnated rennovation and repair fund 348,777 50,235 {93,2221 305,790 loo,000 193,2221 93,222 loo,000 448,777 142,9871 405,790 Endawment funds Permanent endowment fund 6,800,000 soo,000 7,300,000 TOTAL FUNDS 7,248,777 457,013 7,705,790 A current year 12 months and prlor year 12 months combined net movement In funds, Inclkjded In the above are 05 follows: Incomlng resources ResouKes expended Galns and 1055e5 Mavement In funds Unregtrlcted funds General fund Deslgnated rennovatlon and repalr fvnd 54Q,869 1490,6341 50,235 193,2221 193,2221 540,869 1583,8561 142,987) Endowment fundj Permanent endowment fund 500,ODO 500,LIOO TOTAL FUNDS 540,869 1583,8561 500,000 457,013 Fund name Permanent endowment fund Purpose 8nd r¥strlctlon$ Thls Is an endowment fund for the propertles whlch are owned by the charity. Page 18 continued...

THE BINGHAM HALL NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST DECEMBER 2025 16. RELATED PARTY DISCLOSURES The followlng related party transactlons have occurred In the year, all at full commerclal market rates, Name of Related Party Relationship Servlces 2025 2024 Clrence5ter Intnjder Alarm5 Common Dlrectorl Securlty seNlces Trustee Common Trustee Consultancy seNlces Common Partnerl Trustee £2,616 £2,598 Cotswold Archaeology £4,320 ENLL Moore Allen & Inno￿nt ProFessltsnal servlces £360 £840 The charlty also recelves a share of bar taklngs from trustee A Brown, who runs a bar service at selected events through the year, The total recelved In the year ?mounted to É6,432 12024,. £4,700). Page 19