2025-03-31-accounts

Com￿nY i]onn34 1149kntwed Ch411ty Na 23(1899 Ib)mM EnglNnd No. H329S THE A8BEYFIELD LANCASTER SOCIEfY UMITED FINANCIAL STATEMENTS For the y•ar •nd•d 31 Ma￿h 2025

THE ABBEYFIELD LANCASTER SOCIEfY LIMITED FINANCIAL STATEMENTS For the year ended 31 klarch 2026 ONTENTS Pa9• TI￿te•8'nnUll r•port Ind9￿￿￿1ntaud1t rnwrt 8-10 8t¥l¢m•niof Al￿￿111 A¢UvKN?• 11 12 13 Accourtln9 pplkl•8 14.16 ots• tothefin•nclal tat¢m•nl* 17.23

THE ABBEYFIELD LANCASTER SOCIEfY LIMITED Trustee8' annual report for tho purposes of Part 8 of the Charltles Act 2011 and Directors, report for the purposes of section 417 of the Companies Act 2006 For the ear ended 31 March 2025 The tru¥t¢es kresent thdr annual reF4Ni on thè affairn of the ￿ety, tcgelhor with the finanu81 statements for the year ended 31 March 2￿25. The trustees, reFort also r¥preuents the threctors, retth as Tequlrod by Company Law. Referenc• and Athilnlstratlw Dotall$ The fi￿1 name ofthe charity is The AbbeyfEJd Lancaster Socty Limited. The socfjety's charity Tegislraoon n￿)ber is 230899 0rn1 it8 company registration numter is IY)737334. 11 also rwstered social IKusing provider under the Housing AL t9￿ {no. H3295). The trustees who seNed durfng the yaarwere". EX¢¢￿tIve t>)mmlttee'. Mr B P Thr8Wall Mrs A K Howson Mr C P ￿Ytctk Mr J Berry MrNGH811 Mr M C Clark9 Mr R N I￿￿Man Mr A B Mackereth Miss J M Simpson Mrs J E ThreKall Ms H Wlles Chairman S￿retary Treasurer RespJned 23 May 2024 Reslgned 26 September2￿24 The thrirs ofthe oynpany thrirvJ tha y•gr wero.. Mrs A K Howson Mr B P Thretfall Mr C P Whytock The 8odety8 8&xetsry Mrs A K How8on The registered olfice of the sou8ty is.. Chirn$k1e Hou8e Abbeyfield Close LaneA$ler LAf 4NL The website addre88 of the charity Is.. httyJhpw.atWeldlancaster.o).uk. Day to day management ofthe 8rtlety is delegated to Mrs A K Howson. tha sooety seo¥etary and Mrs B A Garther, the bursar. Bankors HSBC. 35 Market Street. Lancastw. LA1 1Ja. lTrJeFendent Authtor Azets Audit Servlces, Fleet House, New Road, LanLZ8ter. LA1 1EZ. Soliator8 BSG Soliators. 3 & 4 A81b￿g Place. Lancastsr, LAI IBJ HarriBon & Pitt Archit8cts Limited, 29 Casle Hill, Lancastsr, LA11YN. Investment ￿lSer9 Rathbones WeaNh & Invgstsnent Limited, 5 George Squa￿, Gla8gow. G2 1DY. structur•, Govorr4nc• & Managomont Governln D0￿ment The %>rAty is a c4)mp8ny Ilmited by guarantee under the Comp8nres Act 2C(6, ￿thout share capital. Its 0￿dth)n is govem•l by its M8morandurn & Artides ofA$S￿￿t￿)n datwj 8 October 1552 and amended on 31 October 20C6.

THE ABBEYFIELD LANCASTER SOCIETY LIMITED Truste88' annual report for the purposes of Part 8 of the Charitles Act 2011 and Dlrectorn. report for the purposes of section 417 of tha Companies Act 2006 For the •ar ended 31 Illarch 2025 Struaty￿. Govem•nre & Managem&nt l¢¢nUnugdl intment of Iruste8s The appoinlmsnt of Irust8gS 18 govemed by provl8knn8 contained withln the kxiety's Aitid•s of A&so￿a￿n. Th9$0 are as fc41ow8.' At eath AGM one thlr¢l of the Membe￿ of the Ex￿ul1Ve Cunmfttee must retire wvJ. rf desired, stand for r al¢dion. Tho trustsos to retire are tho88 longest in office slnc their Lqst dedi￿. The K￿lety, al the AGM, may fill thg POSition8 vacgled by the retiring tnJst•es ty electing any p¢r80ns thefelo, or by re-decung the retiriNJ mambers. Tha Executive Committee has Ihe prM&r to appoint any p￿On to be a IFusts8 •th¥r to ffil a v￿r or in ordef lo increase lh¢ number of trLFStees. Any truslee appolnled In thL8 way must retife al the f01h￿Ing AGM aNJ 8tsnd for r&electlon, rfdesited. al that mgeting. Any mèmber ot Ihe soooty. quallffed to attend and vote at the AGM. is entitbl to propos8 th8 appoinlrrtsnt of a ￿￿on to act as a trustse. ApkJÉntments lo the socty's 0)Mmitt￿ ar• made by the Exeartlve Committee. TbV8te8 induction trainin Trustees are ￿Ven inductton and IrJnlng by the society 8euet8ry and diredoT8 on a one to orÈ basis. This indudes an explanation of.. Iho 0th03 of b)th The Abb8yfidd S• nalicnally and of ChiM￿de HtyJ8e the role ofthe trustse in 8upporfiThJ manag￿tnt lo ensure ts safeguardirvJ of ￿sIdentS 3nd adherenc8 to 8nd fegulations attendance at tru91ee Meeti￿j$ and Wenti81 fflembership of mll Y￿rk￿lg gTOUPS to monitor firtran￿ a buiklings. Pa liG for sermor skff Total rprnuneraticffl of £10.44012024: £10,085) was paid lo trustw during the ygar. Thè remuneration pald lo trustees and olher senior st8ff such as the h￿￿8 manager is revlewed rogularfy by exe(artlve leadership. Th• rate8 of remuneration are set in fine with the roles c8rried out within th8 0ry8nisalion. nisBlion The scoety is govem8d by ils ExeoJtNe Commiitse, consisting of nol ￿88 than three nor rrrtjre than elghteen members, whtch meets srA tmes per yew. Certain detsiled is de￿g￿ted as follows.. A l￿dget ff￿1￿ng prepares the annu81 budget foi approval by the Executive Committe8. The Chirnside H(NJse Committee monhor8 the day-to48y 0￿￿110￿ of the registered resklontial ￿re home. The t￿mmIttee meets on a monthty basts. The committees 88W3ted In their work by Senior management. namèty the bursar and the manager of Ihe resKkntial care hJm. Connected ch The sttiety is on• of atound 200 simiLar so¢itties, whkh exist throughoth the United Kingdom lo pro¥Kle asslsled living for older peopl2. CHI￿ratiOn betsvean lo<al s(xietses is considorable although each retsins its auton¢)my. The￿ [8 also an umbrella organisation. The Abbeyfield knety, of whKh this socW is 8 member. The Abbeyfield S¢￿ety is divr¢J into stx admini8tralive reglons. Each has its own regional councAI composed of volunteers from sooelTes in the regton. The re910n￿ officers have regular rneelings Wth each othèr, so that they can represent the views of their regijn through national committees. The central offiix of the Abbeyfieky S￿iety is 17-19 Hampton Lane, Solihull. West MidlaThJs, B91 2QJ. ThB Staff at Central Office provide 8UPPOrt for membor sorietles. During the yearlhe socw Incurred f888 of£10,70812024- £7,739 In respect of its membership of. and affillallon to The Atthyfield &Giety. sk mana ent The trustees have assess￿ ￿ mapr risks to whth the 80caety Is exposed, in particu￿￿ ttJ8e relatod to the operaticns and ffinance8 of the $￿ety, and 8re $8tisfd that Sy8lem$ are in pla￿ to mitigate exFosute to the risks.

THE ABBEYFIELD LANCASTER SOCIETY LIMITED Trustees. annual report for the purposès of Part 8 of the Charltles Act 2011 and Dlrectors. report for the purposes of sectlon 417 of the Companies Act 2006 For the ear ended 31 March 2025 struc￿r. Go¥Ornan￿ & Al•naggm•nt {¢OntIn￿lI Financial risk mana ont ob'oclfves and Iic4es The soaety has various fiwcial a888ts arJ Itabilit￿$ Suth as trade debtors and trade creditors arising diredly from Iha lety's coerations. Tran8actions in ￿nar￿lar instruments re6uIt in the sodety a88uming ry tran8fefflng to another poty ono or Th￿re of Ihe financial risks d88ultred below. Pri¢x risk The socAety ha¥ b)ught and Sold Investments comprisod of BcqKls and EquNfie8 during the current prlor year. Interest rate risk" Th8 s￿lety is not exp08ed to faK valu& interest rate risk as tt hokl$ no bank mrdrafts or kians. Credit risk I IxJst¢)mers who to trade on e￿drt tem)s are subject to u¥dil Verlficats'￿ procedures. Trade debtors ate rgviewod on ¥ regular b￿S and prY)vision 1$ madg for doubthjl debts wheneverconshdered necessory. Liquidty and cash fflow rlsk The society has ffl(M$ and the cash at bank and in hand 5$ rntyg to sufficient to oJv8rthe ne&J8 ofthe soriety. Obhctlv88 &A¢ttvlil•# Thè 3oc•etl$ prfnclpal obiectNes as sot lxrt in the Memorandum ofAssoriatkin arg: The rdlef of aged. imwent and poor people of all dasse The advancement of reli9lon and education The pursutt of tharitable ￿1¥￿9$ benefic4al lo the commun4ty The society was e$tli$heiJ In 1￿ and it has wrnued the foregoing object3 by establishin9, m8nagiNJ 8nd developit homgs in the Lar￿Stsr distiict that cater for thè rweds of the 8k1&r￿. The supported $heltered hou88s were dosed S8V8ral years ago thje lo I￿K of demand and the ntywjusl OF￿aleS o reglslered residenti￿ car8 hotY. Th& $odety currentty has registered resldentkql ¢8re h¢Mne, Chimskl8 Housè, &gtering for Ihlty ro$ldents. Thk8 hom8 provMJ&s knty f￿r hour care for the frail ￿de￿. Chimside House 18 registered to ¢at•r fw persons with dem$ntla 88 wdl as the fr8il aw. The s￿ety ￿￿endS con&derably on tho commltment and enthuw88m of it8 volunt88rs. The day to day management of Chimside House Is uThXertaken by a manager employed by tho sucigty. The manager reports dir• to the tw$t￿. The trustees also provkl$ Signifi￿nt time and effort in assisting whh day to day operalion oflhe lY)me. Residents and slaff have uTrdertaken LFT tests rf shovring signs gnd symkoms of covKI ald l••1 genernTry unw8U. Th8 Soclety is extremely grateful for the efforis made by the Manager and al the staff in ensurtng that all possbblo precaut￿n$ have ￿en tsken to safeguard the rewdent8. A¢hlov¢m•nts and Perfornian¢e The ¢x¢up8rq level. a key iNlicator. weraged 86.5% (2024- 82.VA} at Chimsth House. All staff, induding catering & dcqn8sli¢ stsff, have been tralned lo at least NVQ level 2 and most have been trained lo NVQ level 3 whllst ￿ remainder are ￿Ning tralnlng for NVQ level 3. All Stafl undergo regL￿ar training upyates t*)Ih online and in h￿S8. All rnsidents continue to be vacanated ￿ainSt Ihe Covid vinJB. Those a¢hieverwts meet Ihe ¢)ble¢tive of ￿rIng for eldwty re81dents are no bnger able to m￿age in th•ir own homes by yo¥•Ying quality cato from wo11 tr8in&l staff. Off Site storagè tscilrfies are beirvJ rerrted lo enable the s￿8 8IoTage of archiv&J reC￿d$.

THE ABBEYFIELD LANCASTER SOCIETY LIMITED Trustae8' annual r8POrt for tha purpos05 of Part 8 01 the Charities Act 2011 and DFroctors' report for the purposes of sectlon 417 of the Companie8 Act 2006 For the ear endgd 31 March 2025 Valu for Iloney mglrf In ￿spOns￿ to the Regulator of Social Houslng Tethnleal note of April 2018 the Sodety now rem$ on Ihe Vdue for Money metric6. There are 7 meth¢s covered by Ihis tschnic81 note. Metrlc 1- Relnv•strnent % This metric locs al the irNeslmerrt in properlyes laxistTrNJ 8lock as wefi as New Suppty) a8 a percentage of value of lotsl properlies lkl. The SOc￿ty mfjtr￿ for rèinvestM￿rt 18 0.￿￿. Mthc 2- New supply deliver•d % The new supply metric Sets out the numbèr of new socyal houslng and nOn￿oCial hou$ng units that have been acquir•J ¢y develcyed in the year a8 a proFQrtKJn oftotsl sc¢id housing units and noTr8c¥ial housing unlts owmthy at p￿10d end. No now suppty has been delivered in th& y•OT of either 8ocyal hoU￿ThJ or noD•sodal houslThJ. Motrt¢ 3- Gearfng % This m•tric assesses how rnuch of ￿ adjusted 888ets are made up of debt the degreo of depende￿e on debt non￿. The Sodety hold8 net cash and cash 64ufva￿nl8 therefore the m&trK is negative at-18.5 %. Metrlc 4- Earnin￿ Boforo Int•r•81 Ta4 DepreGIatl0￿ Amortlgatlon. Mior Repolrn Included IEBITDA MRI) Inter6#t Covw % The EBrrDA IARI interest ￿Ver measure Is a key iTrJicatorfor liquidty and Investment capachy. The So• paid tK int¢r¢st in the year and ther8fore the metric for Irrtewl CAweT is not applieAble. Motr1¢ 5- H6•dlln• o¢i•l h￿SIng cost pw unlt The unh cost metric As8e88e8 th8 headline S￿81 housing o)8t per unit as defined by the Regulator. The h8adlin¢ sc¢kal hou$lng o)sl per unil is £45.378. letric 6- Operating Margln % The Operating Margin demonstrates Ihe profftabthty of operatiny 8s8ets tefore 8xc8p11￿al expenses are l&%gn Into account. The SocAety doos r￿1 operate sockal hou¥ing lettirvJ$ th8rofore the operattng margln 18 not 8pplicable. The oper8lthg margin Of1￿ Socty a8 a whole is O.CE%. Metr1¢ 7- R•￿rn on capttal employed IROCE) % Th18 metric compares the operating surplus to total assets less cuThgnl Ilabllthes. For the So• as a whole Ihl818 0.05%. Publ1¢ Bènefft Adnws8ion to Chlmside House is agsesssd a(xoTding to n8ad. Eqval 8 fair acca$6 Is offwgd lo all e￿gible rAder paopl8 regardth$ of ggnder. family, race. colour, rdigion, sexual orientation or finar￿￿81 circumstanc8x - Some residents arè seif-lund&J whèreas others stat8 fLmded. The SocAety'$ poll¢y is to Provide all residents wllh Supwort, stiML￿at¥Jn and encouragemerrt to an aFpropriatè levd for their kndfvidual needs. Residents are encouraged lo follow their indrvidual religious beliefs. $hoult1 they wish to do $0. CEgrgy frcn vali￿8 d6nominat1c￿S visit Chiinslde Hou86 to offer a shcttt se￿1¢e lor residents to attend rf they wsh. V8riou8 act6vIl￿$ are arranged in [￿SU1tatiOn with tha rè$denls. However. partiopakn is a matter of choice. R8&d•nts rw8e money for charitabje rauses. The ¢holeA of d)ariti68 to benefit from th88e rr￿neY raising advlties deaded by Ihe resldents. ChimS￿￿o H¢)use has an a¢awe Re$Id￿ts' Circle whth megts on a rggular Lwsis. The Trustees of Th& Abbtyfidd Lancaster Soc4&ty Umiled believe they have complled wilh the duty In Secti￿ 17 of the Charfties Act 2011 to have due regartt to the public bonthll guidanrE publlshed by thè Chaiity Commisslon.

THE ABBEYFIELD LANCASTER SOCIETY LIMITED Trustees, annual report for the purposes of Part 8 of the Charitie8 Act 2011 and Directors. rnport for the purposes of secllon 417 of tho Companies Act 2006 For the gar ended 31 March 2025 Financlal Reviww The financial r8sults br the year are as Set out In thg Stalèmenl of financi￿ ad(VIt￿ on page 11 and the position at the end oflhe yèar Is shown in t￿ balance sh88t on pagè 12. The dglldl for the year and it8 dlocation is as foTrows'. 2025 Unreslrieted operattng surplus 77,637 38.848 Imiostrrnnt ino)me. legaues, donafjoro atMI 8undry income Investment management costs Increa$8 Sn market value of Invostments 22,379 13.523) 160 20206 {3,1981 16,346 Unresthctsy surplus fr•r th• ￿3T 96,673 72.21Y2 Allocation.. Transfer from chBritobte capital •xp&nthture Teserve Transfei to Swalnson Bursary Fund Transfer to revonu• ty￿rve 16,029) 1,407 103.162 {6.0291 1,478 76.755 72,2 The p)Int8 8(tsing from &cunts are as fdkxvj.. An urwestricted operating surrAus of £77.657 (2024.. £38.848) oroge In the yaèr from the operalb)n of Chimside Hou$$. R8sldential charges r8¢elve<l ro88 to £1,405.33912024: £1.224.023). an InrJe8Be of 14.8%. Rostrictèd NHS grant re￿1ve￿ of £18.59312024.. £Nill. Unrestricted h￿j8e opgr81ing costs. exduding prop￿ dep￿alil)n. r08e to £1,253.38212024.. £1,119,021). an incw$e of 12%. Th& wenue reserv8$ ofthe 80Cl￿ increa6¢d to £517,791 (2024: £416,4S81. The prinrApa funding ¥￿Tc8 is incom& frcffn resldentL41 tharg&s. M0￿mentS in fued assets in the year ￿ Sh￿￿ in nots 8 to the )Irwicial 5tments. C4pit81 expen(ture of £50.845 wa$ Irbxrred durfng Ihg year. The I(￿lee$ consid8T th• m¥thel value of ¢he sc¢leVs frKed assets lo In 8xc8s8 of their ¢urront ￿)k value Indemnty In8uran¢e in respè¢t of the trusts8s has begn provklgd by way of a tA¢xk arrangement ¥￿thIn the overall Abbeyfigld Soaoty membershlp fee artrj no separate preffdum16 identifiable. Investma The soaety Is pemitted by its meMor8n￿m of AsBoualicffl to Inve81 any fvnds not Knnwdiatsly required for its puryjoses any investsnents, se¢urthes or propèrty as may ￿ t￿ght fil. Funds sut4eGt to the jurisdidic￿ of the Charity commi￿One[S moy On￿ be invested in guth and with $u¢h sanction as may for thtt time ￿ng b8 presLYitd by law. The 8ouW8 Investment pollry 68 a balance batrw8•n km*temi inv8slm•nt and s(xne short-tonn In￿lMent to allow a￿SIbIlity of som8 fiJnd$. The socAaty's invèstrnents, as Sh￿ In rnle 11 to lh¢ ￿an(as1¥￿teM&n1s ond ¢xJmprislng of Bonds. Unit Trusts. Equittes and Money Market der#)sits ¥4tre held durirg the y￿r in 8¢rthance with the s)owets available to Ihg trustee8.

THE ABBEYFIELD LANCASTER SOCIETY LIMITED Trustees. annual report for the purposes of Part 8 of tha Charities Act 2011 and Dlre¢tors' report for the purposes of section 417 of thè Companios Act 2006 For the ear ended 31 March 2025 FuThJrwsin Disdosure The charity'$ main SQLWl of are fees relating to the c8r8 of residents. As suth they do not C8fry Out sJnificant fundraistng ocbvthe8. Reseryes Poltc The current wjicy of th0 8crEty is to maintain freg rwxarvos at a 18V81 Ih8t wJuat88 to betsveen 3 and 6 months of operating expènditu￿. The reserves pok.cy * reviewed annualty in ordar to lake account of any d)ènges n t enwronment in which the $¢xiety operales. Totsl unr8stri¢ted reserves held at the year end amounted to £999.388. Induded in unthlricted feserv8s arn designated re8erve8 totsulng £481,597 and ftjrther d&tails of theBe are gtven in note 17 to the st8tsrnen￿ The unre8thca rtvtrnue reserv$s, not committed or investe4J In 18Tralble ￿ed assets fyree resems.) ￿ld by the soc46ty at 31 Marth 2025 amounted to £452,285. This equates lo approximately four m¢yrfhs of expected operating expeniture for 2025.28 which is Mthin the level as Set by the trustees. The trustees will lak• measures in fvture wiods to maintain the level of $orves hekl. Plans for future pgriods Th& Sooety is comrth to ensumg Ihat Chlmslde House ￿m41n8 a Covi&l￿tra8 zme. Amongst the Society's aim8 is to ensure that Ihele 18 conlinuèd ￿mplIanCe in all areas of inspethn vilh the Care aualty Corrwnl￿0n. The Soci&ty ts e£rfnFliant ¥￿th the General Dats Proteclon R8gulaJon8. Chimside Hou¥0 13 conNnitled lo inleracllng wrth the1ocal communlty a8 much as is pr8dlc8ble and to give young peop the opportunlty lo understand and tecome invofved the eldeily, The socièty is commltted to ￿rkIng to rn￿t the tha11￿9$8 arising from Il* impacl of the Care Ai#. Staff training now onwjres that there ar8 Staff members who are speualists in core areas to further imFxove thg caio prowded to the resident5. As well 03 providin9 hi9h qualty pgmianent cate. Chimslde House is also o)mm6tted to providirKJ the hi￿ qualty respite care forwhKh thère is an increasrng demand from tho llxal communlty. The socO8ty is committsd to ensurirvJ Ilwt ¥Jl staff rocelvg on-gclng training to en8fft Ihal re8ltlent8 0)ntThe to receNe lh& high qualty of carn ￿[ch the sooety prides itself in pro¥Kling.

THE ABBEYFIELD LANCASTER SOCIETY LIMITED Trustees. annual report for tho purposes of Part 8 of the Charitia8 Act 2011 and Directors. report for the purposes of section 417 of the Companies Act 2006 For the ar ended 31 March 2025 Statement of trust8M' re8ponslblll¥è• The twslees. throe of whom are afso the dlre¢tors of The Abbeyfield Lancaster SocAety Limited for the purpose of company law. are respon&ble for preparing the Trustee$, ReF￿rt and thg finanaal stalemonls in accordance wrfh aPF4irable law Untted KiNJdom AC￿UntIng Stsndards {Untted Kingdom G￿￿ra1￿ AcW8d AC￿urfng Practi￿). Compgny Law r8quires the trustses to prepare fin8nckg1 statem&nts for each finandal year which giv& 8 true and falr vl8w of U)e stsle of affairs ofthe charity and of th8 tiILyxning regourcs and applicats.on of resou￿8, induding Iho income and gxpgndilure, ofthe tharitable Company for that year. In prep8rino these flnane4al stments, tho trustoe¥ are requkned to." - select $uttable accounting polra8s and appty thorn c>)n8i8tenty", observ& Iho meth&Js and principles In the Chariltes SORP,. mak&Nidgements atvj e￿"MateS thot are rea60nable 8nd sxudent.. state whelher the appllcable UK A(xountlng Stsnd8rds have b8￿ fonowed, subjecl lo ary malgrfal departures disclosed 8nd expL¥n8d in the financial 8talemenl$" and - prepare Ihe finanraal statements on the golrg I￿ncern bas1$ unlB88 it Is Inappropriate lo presumè that the charity V•ill IN)uo in oporation. The Iruslees are respon8ibl• for kèepiThJ adgquate 8czounting records that disth8 wlh reasonab￿ 8¢￿racY at 8ny me the financaal position of thè ¢haty and enable them to that the fin￿¢(al statements with Companies Act 20(￿. They arg also responsiblu for safeguarding Ihe assets of the tharity an(J hen(* ffi)r taking asonatde steF6 for the prevention arK) detection of frnud 8Th1 other Irregularities. A￿JItor A resc4ution wll be propos￿1 al the Annual Genèral Meet1r￿ that A28ts AL#llt Semces bg apkVJinted as audrtor to the socAety forthe ensuin9 y¢ar. Oi•clo8urn of InfornHtlon to audltor Each of the Inlstees ha5 confirmed there 1$ no Information of whith they ar8 aw8Te which is relovant lo the audit, but of whl¢h the a(Klitor is unawar8. They have fvrth$r confirm&J that they have taken appropriate Ste￿ to pJentify such retevanl inforniatbn and to establ￿h that the 8uditor 18 aware of such informaticfft. ApP[Dv￿ by th8 Executive Commmlee on l ?. 6 . 9S Mr¥ A K H￿0￿ DlroCtorarKI trustse

THE ABBEYFIELD LANCASTER SOCIETY LIMITED TO THE MEMBERS OF THE ABBEYFIELD LANCA8TER SOCIEfY LIMITED (LIMITED BY GUARANTEE) Oplnlo We haye audlted the financia ststemènrA of Tl Abwehy L8fsEBsler S)tsety Lint8d (th•'th￿table ¢ompgnf) for Ihe en(IEd 31 Marth 2025 compr18e Slater[￿nI of finandal ￿￿10n. the baLqnce sheet, the slatemenl of cash kn and note5 to the thanual stat8monts, indudlng ¥ fAJffwnary of signrfK¥nt accoyntlng pollrag$. ffnandal reportirtyj framtrbfjrk that h85 been 8pplied In Itr prep8r8tion IB applicable law W Vnrted ￿r￿jdOM Awunting Stsndards, Inrluding Finanaal Rep)rllro Stsrnlard 102 Th8 Finan￿81 Rewmbnu 6tarhYord applIGth￿ in Ihg VK 8NI Rewbfjc of Irek8ThJ (United Trtiwdom GeneraItyfA¢Xzp￿JAcCOu￿1lry Pr8cbc£l. In oUr0￿￿10Ththe 5tefflent5'. glye a tm8 #nd falr view of ￿ State of the charitsbb ¢ompatys 8ff•irs as at 31 M8rth 2025. and of the tharItab￿ fA)mp•ny's inL>Jmkny re#owe3 aThl akwli¢aiion ofresoww. i￿Ud￿l] th8 ch8rftat cryrrf$ in￿[￿8 aTrJ expendit￿, forthe Ye4r1￿0Th￿9d,' hav• b•en prop8rty pWar￿ ￿ att(xd8rte W￿lti United KirWom Genar81tyAtxtk￿AU￿Untiry Prac￿. ha¥e been wry¥ed in accordancwlth Ihè wuiromerts ofttE A¢12[￿ ar¥J th8 CharlU88Act2011. BulB lor oplnlon We con¢kJfaed wr a￿￿rt in acLXfd8n￿ Irrtemational St8ndard$ •n Auditlng Ill￿ IISAS IUKI) a￿1 applf¢able law. Our reSpC￿$1￿1￿ uNJer Ih05è ststhrd5 am fijthr de5(¥￿d In the Audftorf$ ￿pOnSIbl1rt￿ for Ihe a￿￿rt of lh& finon¢ial ￿tate￿nts 8erton of our report. We are Independènt of the Charitab￿ company in 8co)rdance wrfh Ihe 8thal Nuiremenls that are relevant to ow a￿lit of the fin8ncl81 Ètaternents in ttE UK. incJudiThJ FRC'$ E￿1 Standard. afwj ￿ have fiJN1ed other ethical rewonslblmiles In acwdan¢e ith the8e re4ulr8mert$. We bdi?hEth&t the aLtyJit have oblamd aThJ aFvroprfW wovlde 8 bo￿5 fttyJr opirM￿. Ct>fvGlwlon8 r¢f•UNJ to g0Sng con¢•m In the finanoal 5tgtsments, have that th8 tr￿1896. tr)hg tsjncem b381& oFattounlrrfJ In PTep8rath)n oftP finandol Siaiemonts Lq appropri￿0. Based on the work we tkqve pwforrned, ary rnatorfal unc•iah)Vs to 6¥ents or Ihat. iThJr4fxlualtyf QT colleclw, may casl slgnM¢ont t1oubt OTr th8 ￿￿Par￿$ abutyt04>J￿11￿ a5 a gcYJ ¢ortyn (vra peric#l ofat knst We m¢￿5 from v the finarrial 8tstements ere aulh0ri8ed for￿s￿e. OLY respon$lblleg F9$ports￿l￿5 oflhe tN8l8e8￿th respettto trJing oJr•m ore rdevant secoAS 01th￿ [Q￿rL Olhor hrfomtKlh The are respcm$lW9 for the fAher inlomiaoon. The 0￿r InfomiAtith o)mprise$ ts infomiatiDn ￿￿lI]e￿ in the tFU8lees' annual r8POrt. other than Ihe fin?ndal 8talemen¢s 8rn1 our auditotrs report thereon. Oui upinK>n cfi the financlal $18tements dops not cover otsr and, excepl talhe othe￿54se expliouy staiod in ¢yJrfeport, ￿ do sThXexprn$8 anyfonll of (￿￿k)n thereon. In wnnoclloTr of Ihofmandl 81al￿ents. respor￿lIty Is to read the otherinftmalygn and, th doing so, Cons￿￿erVthether Ihe ¢)tlw nifmtlon is ffl8tèri8ty UKonsi8lenl wlh the finan¢y81 statewnts or our krth¥lÈdye Obtair￿ in tho audlt or appear5 lo be m8tenally misstal¥J. N we ¢￿Ify such material irKonsSsteThcs or apparent material m&￿tateMents, ¥e r&]uirod to detemK Ihere 45 a materL81 ffMS&trtW￿rrt in the $ta¢ements or a rnatsrial mk8ta1n￿I olthe other infcrmion. If, based ¢n ts ￿rk ￿ have porformed, ￿l￿dUde thatther01s a miJ8taterrth 0fth￿ olherinformalion, ￿9r re4th￿l ta itportthat fart We have nolhlr¥J to rewjrt in this r8gard.

THE ABBEYFIELD LANCASTER SOCIETY LIMITED TO THE MEMBERS OF THE ABBEYFIELD LANCASTER SOCIEfY LIMrrED (LIMITED BY GUARAKfEE) Qplnlorn •n 0thormall•rn pr•sGrlb•J tytho CoftwniM A¢t 2006 ln ouropiwn, based LY ihe Lmdertaken inthe cour8e of the 8￿j￿.. the infomia11￿ gwen Iruslees, report. inrjuding ttx directors, 18P)rt, lor the finandal yEar for %thEth f¥w￿l are pr8p8red is consiytenthvth Ihe finontyal 5ts1ernents. Ihe Inlees' h88 beEn P¥Epa¥&4 in ac0Ndan￿ •p￿ab￿ legal reqwrements. Matt•rn on¥thi¢h wa orn wuir•d to rqport Iy•xt•ptlv In Ihe l(qhl c4tyJr kno%dg8 and uTrJw818ndb)g ofll c(npony and ita enwromient obts1￿ in trE coJra• ofthe audit, w7 havo not rnqterial mi8$talements in the truslee8' ry￿t. We have nrthing to reportth resp8c fo4N4ng matt8rt li r8Lthn to whld)the Compaiie5 Act 2006. Ihe chwi￿9 Acl 2011 u810 rew¥ttoyou rf, kn wr optr)bon." a¢kqualfr 8c£thJThtinD rewrds TrJ¢ been kepi by thBritat49 coropany. or ￿b￿n5 adequato for ow audt ho% nol been rec81wl fr(¥n brarNth¢$ not ¥￿￿8(1 byus., c cthariiobk c¥)mwV8 fjnamal are not w agFEewl the attyxJntiryJ rwds and retwns", or rjJrta￿ thscknL¥es 01¢r￿1805, rFmun8r8tlon spedf¢d bY￿W are TrJt m•10'. or ha¥6 noi thg Inl(mabcfi exPLqnAI￿S %4t require lorour athltt. R￿po￿lI￿lIt[0¥ of trust A5 explwned more Ihe twst888' respons￿1￿￿$ fjiatemènt Set out on poge 7, t1 ITvslee8 <thr88 of ¥4hom Ihe (rectors of thè tharflabk company f￿ th? purposes of wrrpany lawl 8re re8pws1b￿ IOT PTeparation ofthe fmgmc¥al 3t&tsments 8TrJ lor benig sat￿fi￿1 ih3t they gNe a true antt fair view. aTh1 for 8u( internal corrtrel 88 the tnJ8tÉes determine is ￿¢￿ary to w)abk pfep8rat.on rrf ￿n8￿￿oI State￿nts that are fre8 fr￿ mÈrial mlsstalernent, YiWeriJue lo fraud or error. preparing thè nand81 $iatements, the tftjstees a￿ ¢$ponsible for asse8sing the tha11tab￿ comp8nl$ abltty to ¢x)nbnue 98 8 90k¥J con¢ern. ￿￿￿0$¥￿. as 8pPIAb￿. matters relalod to wrYJ and using golng con¢em basls of accounting the twstses efther twd to iidate the d)qiit8bkn Djmpanytyto OF¢r8￿c￿, ortsve nty reaI5ticattemBtNe but to do $0. Audknrfs r••poMlblllll•$f•rth• audltofth•llMn¢lal We have bEEn opwrrted 45 aLbYitoruTrJer ￿ corrp￿￿sAL￿ 2￿J6 aThJ 151 oflh8 Char￿& Ad 2011 aThJ in accord8rKe MU￿atIOnS made underthoso kn. Our objec1￿$ a￿ to obtah reasoTrabk assurarK %fieth8r th8 finandBI ￿#t￿y￿nts as a %¥Me are tree Imm rnleri￿ misslatemefit. Y4heiher du8 lo fraud orerror. 8nd to Sn s￿rt0￿$ reportlhai indudes our oplrNon. Reasonab￿ 4s¥ur8rts is a hvJh kvel of a55urance, bur V8 not a guarantee that an 8udll r￿n￿￿ted in xccrfdance WFth ISAS IUK) wll akny& d8tec4 0 Mate￿ M￿sta18￿8n1 it exots. Mk8Statemwis can w fivm fraud or elr￿ and arg tt)ns￿e￿d malerfal If, IndNKluaUy or in the agJregate, IW tyxld rea￿nablY L a¥￿￿ed lo Infi￿nI%the econom1¢ ded￿0￿ of (¢ers taken on the bath ofthese finoncial 8ts1?m*tts.

THE ABBEYFIELD LANCASTER SOCIEfY LIMrreD TO THE MEMBERS OF THE AB8EYFIELD LANCASTER SOCIETY LIM￿ED ILIMrfED BY GUARANTEE) Ext•n¢ th•a￿￿•$ con¥id•Md capobf• oldgl•rllng IvrnBularltkn4 In¢Wlffj ff￿￿ lry•Jul&rtkns. induding tra￿1. WE ins18txe& ofnor￿cornOa[￿a L8ws arnl reWla￿c￿8. Wg le$Pdn procfjduw in line OuT￿p￿￿m￿OI. outkned &bo¥e aThl on Ihe inan¢yal Reports￿ Cwl'& wffjbsie, lo dete¢lmakn1al ffthstBlemeTht8 in respect of IrWiit%s. indudiryd fr8U We olrtaln and ukxlate ow L￿der￿ST￿1rffj of entty, 8raiwes. 48 ¢(thl er￿￿[[￿, IfAfulurt dwdopmwt8,1Th)WlroJ in rd81ion the kgal regthatoryframework aFWcble the enlty18 ￿th fvl frarnth%￿. Ba8wI th15 ￿taTh￿Ing, kl nd asses8 thè ri5k5 of rTraterlal m19$18tem8nt of the 1Sn8n(ial stHternents. wh8th8r lue t) fraud or emr, ths4n and perform ¥wJit pr￿ed￿e& respo￿￿ lo Iho8B rhks. obtak) evidence that is 8rn1 èpproFwfe lo provle a bas￿ IOT ￿ Wr)n. TN8 Irth￿S Dfthe of8¢ts bythe entlty Ihat We￿ ctjrthry Io 8pplic4t4e regulatlom, I￿￿￿[n9 fraud. In r85PJW tothe rmk oftrreguknrthEa ￿ non-ComWl4￿ wilh law8 regulatb)r4 frBud, ￿ ¢ned pro¢8jm￿ith incknlgd.. of managerr¢rt and thos• th0rg￿ V•ith gDvern8nc ￿￿81 po￿181 aTrY c18kn8 88 as a¢lu￿. R8thirvJ ofmeeiKtys oflhose charyed ￿1¢h govemanee., AsSe￿r¥j the exient of ￿mplan￿ wlth the a￿1 ￿￿dered to hove a dKect matsrial 6ffoct m the finandal I￿1￿meNts tl clthe etyuiry ond Iropecoon.. Reviv￿1¥j fmoTrcial slaterrrrt dkidosur85 8nd te8lrnd lo 8uppo¢UThJ doartquon wllh appr￿•b IM and f8gLllation5'. PefvTmln9 audit over the risk of management tas and overrfdg of c¥Jntrd testSng aljoumol errtries other Jjustrnonts fcf 8FVCPD•knes8, ev8lu8th7 bus￿8 rati￿ of svJrrificarl transac&ons 0th5idv tho rKrnal o)urse ol busi￿$ anrf revbwtyq aco)Ln e8tim8te5 ofpot•ntiil t4w8. BecavBg of the itherent Umitati￿ of an there 15 • that ￿ vthl not det￿ all inl￿￿antw, leodbwJ lo a materl misstatement firwthl Btathents or non.compllance regLlatk)rL risk In¢reaw the more that comp1k8r￿? a taw or f8gLAalk) is r￿n￿d trom everts aThJ tran$actKy￿ refiected in the stalernents, 88 ill be kss lknty lo t•CL¥me aw¥e of inslanc88 of non-e0mpj￿nco. The ri¥k of not det8ctiTrJ 8 maro1 rn$slaloTnert r88ultkng from tra￿* is hlgher than for from erfLY,

s IraLkl may in¥dve ¢dlJ5iDn. forml. OM￿510￿8. rnrepresertslbJ, orth8 OVe￿￿e of Intwnal e¢ffjtrol.

A fitthÈT d•scriptl)n of Lxff lor ofthe fin8nrg81 slatements b Ioc4ted t￿ FinaNial RepDfbry CMcifs %Bb&ite wAw.frc.ory.uklaLKJitoTrreswrtstJllAs. Tlw'ade#cripbon lomi$ p8rtofour aud#￿8 report. Ut• of our report reptht i4 rnad8 80 to ihe (rabt8 frnF4W$ membero o• a In ar£ord￿￿ wilh 3 of P8rt 16 tyfthe ComparMo8 Act 2006. Our audl ha8 teen ￿dÈrtaken $0 that ￿ ￿ll9ht st8te to the tth•rit8ble cornpanys members 4rKI ihose matt¢rs ￿ arp T8qUtred to state to th8m h on •wJitol8 report 8nd lor no ottw pu￿. To extent Fffinftt6d by knv, ￿ ¢Jo nol ac£ept or assun $poribHty to anyone olher thon th thaiiiablè o)mpany, ts (J)8Tttable ryJrnparrf8 mmixrs 88 a bo aTrJ the ch8rStabb (xmp8nys tnJ8tee$ ag a bo. for wr wlmwork, for IN& report. rlorthe opiThMs we hfi￿ furt￿. qi Susor¥)a C4sBoy (S8￿r &aNJl(ry A4hlito¢ for bEhaWof StaiutoryALtylitor FÈet HrA￿e NBW Roa LAI IEZ - 16 (44(ok ' 10

THE ABBEYFIELD LANCASTER P￿cIETy LIMrrED ststement of Flnancial Acllvitles (includln9 Inc(xne and EX￿ndituTe Account For th• yfrar ended 31 March 2025 Tat•l FuNJ$ 2025 Total FtJrnl$ 2024 F￿d8 F￿d8 2026 Incomo and •rtdowm¢nl• fr•m: Don8tloM and lega¢168 Donatsns and tggoLie8 2.673 1673 878 Charl•ble acttr¥lt Resklenlal care t)rtrrtfra￿ eklerty 1AOS,639 1AOS,639 1,224,211 Fundr•l8lng aCtfvtti¢$ FundTaisirJ evont8 815 615 11091 11091 18,328 1&593 18,593 Tot•1 Inwrn• and •ndtym•n IA24018 1A4I611 1.244.417 Charflabb8 Resklernol carefrf ttwfrafi ddeity 11.327,9371 133,4031 11,361,310> 11,214,997) FuThJral8ity Fundr8K8ing events 11541 13,5231 lJ,5231 (3,1961 Talal oxpondWuv• 11.331.5051 133,4031 11,364,908) 11,218,349) Nat FncDmB I l•xp0ndw￿f•> bBfor• lTh¥•stm•ntod 91513 114.810) 81,703 26.(186 Net gakn$ ￿ investm8nt8 160 t8,346 Nèt iiom• I l•xp•ndltufvl 4nd movom•th in fvnds for thg year 96,673 1148101 8IM63 42,414 Rec<>nclllatlon tsf fundB.' Totsl funds at 1 ADril 902,715 740,198 1.842.913 1,￿,499 Totsl •t 31 hl4rch 2025 989,388 72&388 1.724.776 1,642,913 8totswnt offfinarKiol ndude$ JI gaw and b58e8 in Ihe yeaf. JI irKunir¥J resum¢￿ aroj resources •xperd8d dthfrom (rninung

THE ABBEYFIELD LANCASTER SOCIETY LIIAITED Company number: 0073n34 Charty numbor. 230899 Balance Sheet As at 31 I￿￿h 2025 2026 2024 F￿ed Tangl￿ 0$88ts 1.147.343 1,158,546 Curr•ntaw•ts 8.223 74.737 JSO.921 148,540 Debttys Investrnents CAsh at bank h haTr 10 47T7 4W8 170,070 12 On.7n 582A15 Cr•dltorn: amounts hlllng wlthln 0￿Yo11 13 I￿,Q48) 577A33 484,367 Totsl aB88ts 1850 curTrnt Ilabll 1.724TIS 1,642,913 Funds olth• charfty: UnrnstwlGted funds 17 17 481,597 617.791 486.219 416,4 999.388 902,715 Re¥tiictod furKIs 17 n¢388 740,198 Total furKIs 1,724776 1,642.913 The fmanuBI statements ￿en prepared in ¥CCOTdartt ¥silh speclal wowslcns rellltirva to companw to the small compan regirne Yithin Part 15 of the C¢%npariesAct 2W8. Theflnano81 st8temBnts on pages 11 to rJwe approfftl by thg Bowd olTr￿te$S on . and on rts behawty. 8 P Threllall C P Whytoek A K HO￿on Thg [￿te¥ on pwps 14 to28 ffj￿ pyrt oflh•sèfu*ntial 12

THE ABBEYFIELO LANCASTER SOCIEfY LIMrrED Statement of Cash Flowg For yoar endod 31 March 2025 125 Ca%h floY% from op•rnUng Ktl¥lil•& Net Inix)me for thèyear Adlu8tmenls for.. rprecaatson oftsrtrJi fix¢d assets L088 Ilprofitl on dI￿￿Of{¥r￿al ass•ts lerest rec8i¥8b Decthse l (Incr8a8el h 810(Xs E*uease I lincr8ra8elln debtors loo￿a8•) I Inrtsase In cleditors 81.703 26.068 SY.959 52,792 119,0911 179 118 J281 16311 (32,9561 17,994 13.7041 Not cath provkhd tyop•rndng •cIMtI 171,179 44,929 Intere51 fO￿Ned 21003 11869 {60,8461 111¢8071 18,0211 1239 IPurdws¢l Id1s￿￿al of ￿rrent asset ￿vestmorrt8 N•t¢￿h {4wd lttl I provid¢d ty bnv¢•bn9 •¢ti¥ibes 1143.8491 9,077 M•t SncroaBO In c•gh and ¢owh wWval•nts 54,QC¢ Cash aThJ cash equNgler5ts 41 the teginning otthe)Ear 148,540 g4.534 Totsl cash •nd ¢ash •qufvalqnts attho •nd ofth&yvar 171070 148,540 13

THE ABBEYFIELD LANCASTER SOCIETY UPIITED Accountlng Poli¢io8 For the yèar ended 31 Mar¢h 2026 The prtnrapal a{tou￿Tra pc￿ adupted. judyemerts and key 8ourc8$ 01ostimaOcffj ￿K￿rt￿nty kn th8 pwarouon ofthe are 88 follrthE.' Qpnwol informBtlon The Abwehj Larts81¥ Scxiety ￿rnited is a wvate wrrwy lThited by guBrontee dornia￿d aTrJ Inr4yporaW in Enulanrl aroj Waes. The The $Ofiety constitute8 a wblK berfft erth a5 defned by FRS 102. The finan0 statements have boen pr8parJ in a¢0¥dan￿ AcCO￿ting and RepMin9 by Ch8rtts5'. Statemarn ol Rev￿mmend& Pracce 8pWkable to tharlt8 wepariffj Ihwr aecourts in accord with the Flnanaal Raponing St&ndard th4Kable ￿ Ihe UK and Republ1¢ ol Irel&nd ¢ssued in Octoter 2019, the FEn¥￿￿1 Reporbrrtj Standard Op￿1¢0b￿ m the United KYgdom 8Th1 RepLI)kc of I￿•r￿1 (FRS 1021, the Char￿"e5 A& 2011, Ihe CotnparTries Act 20[￿ and UK Generalty Ac￿pt￿l Accounlry Pr&Lx. fin8nc¥g18totement8 ar8 presented in str￿ir￿j￿￿￿h Ihe fvncllonal ajrrvw Of￿ tharityand to Ihe n8west£1. Golng cone•m Th8 posed by Ihe Cowd-19 ha8 dlminBhed bul Infe(lon tx)ntrd M￿SUre8 wero In $WI for the year10 31 March 2025 to al￿Viale the possibutyoflhg ￿ruS enteri)g the home. Some cases of Co¥￿19 were rttothd Imongst stsff 8nd reside￿8 during the to 31 March 2025 but tsre are no recorded ¢ase5. The measures appe8r to h8ve been effecty¥e ￿ rnaintaniTrJ r￿￿81 of operation and ocujpanry K8veh have KKreasod. Th8 trusto88 have C¢￿ed Ihat It 1$ appropdate lo pr8par8 th? a￿rts on a ¢C￿M ba$iw as there are no maters81 unc4rtalths regartIno g￿rI1 LWLWn. I￿AMIng r89our￿$ Incor￿ ￿ r8coJrtt￿ vtsn tr 80¢iety hB8 entitlement to the ffftts, 8rry perfomlonte eondth attac￿ to ￿ tt￿(8) of vK•me have been mei. ft Is probable that the income 7AiII retewed arrnunt can ￿ m88&fftd reli¥W. Income from gtwernrnent and olhw grants, knthether'(•kNiaY grants or'rev8nu?' grarrts, b re¢oonW VA￿ the ha8 antsitmenl to th8 funds, any perf0mlan￿ condllbns BItBched to the grants h8¥e been met, it Is pmbable that Ihe irKYJrr￿ will b8 re￿￿ed IhÈ am0￿1 b measured relk?tty rnl deferrl. (rthErtradiTrJ income C4%npri$ing irw• rxaivab￿l8 recogrdsed C￿ a retav¥Jle otherkn￿me is induded li th8 SOFA In the ￿arIn It Is ry donalora to Ihe 8ooetyaro Intr SOFA In th•￿ar in IW are ￿￿￿8b￿. 6oBl•l HwBlTru Grants Social Housing Gr8rrt ISHGI 1$ pakl ty Hom8$ ErvJL8TrJ lo reduce cost of devekffjmerts. Is Tepayable csrtakn druJmst8kYX, m8ri1y folkh￿ng Ihe Sa￿ of a propety, bLrt arry wayment iU no￿31￿ be restricted to th8 r￿ WO￿￿$ gf Sak of kyopety. SHG is P8hl to Registered Social Housft¥J PTovyJer5 IRSHPSI to rA)sl& ir￿me{l in ProwsK￿ of alford8￿& hDuwrwJ arvj thE ntl U)Sl is appro¥imatdyequal io tsewnotnicvalue oftlE property in rts de8ign8¢ed tr&e. The grant Is ro¢oBnW In fijl aB restridgj inwno rAindttion$ de¥￿ted above are 88tisff6d. FolkAiw the of * prwty. swal housing gr8nt s880￿•tÉd TrAith thot prorerty wlich ha8 not trAen reoYJ into a fvrthEr prrpety is rer￿9￿ed fft re8trNd time as il i5 recyd8d or becfAnes WOYdblE. othorornnt# other gmls ¥8 recagnl8wJ in ful tho CoThI￿On8d8Sc[tsd Ab￿ are satfyfied Exp￿dIlUrn r•cognltton AI oXP8r¢lilw8 [8 a0￿Un￿ for fm 8n afxnjjb and ha8 been d8ss(W under ￿eddIng￿ 1h81 all 0x18 rdated lo the rAtegory. Expend#ure is rewnk%d where there18 8 gal ￿ constru¢the oblvJation lo make payTnents to Illlrd parbes, tKobablB that ts sellement YAI be required arKi lh2 atnuunl ofthe obll9aJon can be mea8ur8 rdiably. Itb ¢atswrbwJ Und8rtr￿ f¢adknp.' Expendtture on tharitabb activths IncI￿J￿9 rtspknlal c4Tp forthe tr*1ghJwty Investment omis 14

THE ABBEYFIELD LANCASTER SOCIETY LIMITED Accountlng Pollcleg For the year endod 31 March 2025 SuP￿rt co•ts allocatlon SuppDrt wts aFE Ih08e that a$￿ Ilx of the tharity but do not ￿1￿cty rep￿ent charitabk? ACIN￿88 8TrJ indude 8dminislrth• $upport o)sts aThl govem8tt Costs. Tlyare incwred directy in supwrt ofw8ndi￿re cn the c48ds oftha carlty. The ondp's ofllw ts iTKluded in nrte 3. Flx•d a•8•t• cost of housrYJ larKI &)d buihging5 indude8 th8 lolluthj.. 11 the cost of ac4￿1r￿918nd and bwklyfjs.. 111 de¥elOpMante¥￿￿Urts', i•) intern5t payabl8 on the eXPend￿re ￿01￿d up to thedats olprW￿l cornpbtlon. Depr&￿ ha8 all twe fixed 88Èe18 at r8Ées ¢81¢ub￿l tt YKite off ltr¢ cost less estimated resba￿l v&lJe ofeath •sel eventyover ils estinated wfijl lfv a$ fokn.' F￿ehDld buikling5 FlxturBS, fftlkngs aTrJ ewlpment Offi equipment 10% & 33% 15% Fr8ehold18nd Ls dek¥wi¥t•d. Inv•styh•rtts Investments are recog￿￿1 ￿n￿￿]Y at laff ￿ue wlith is Ihe tran88fon transacbons c05t8. Subyequenly tw are meo¥ured ¥t v8lu8 thary8 reujwwl In hot gawllo8ses on Investrnents, In the SOFA il ts $hare$ ¥e Ir4Y8d or Ihair f￿r valuo can me4sur8d relabty. SiLth arev8bA at tt loww ￿¢))$1 and net realts1￿ vdL. Trad8 aTrJ other debtors are rewis•d ai ts $&th•m￿l affl￿rrt aftor arytradg di•cwM offered. Pfepawnents are valuJ ai pwah1. Ca8h at b•nk arfl kn hand Caoh i¥ rekYes8nted by cash In haTrl dg)o&fb ￿th finanr4wI insblutK)n8 repayab￿ without PEn4ly on n￿re of nDt more thBn 24 hwrs. ca&￿ eq￿l￿d￿nts are hvjhly liquhd investments that Mat￿ in Th) mor• three rnonths from the date of arnl that arB mthly con¥ertibleta knovm am￿￿1$ of¢a¥h wth irwnTfKant ri8kof in value. Oporndng Rentals r4yaW• urlwoFwaOThJ18a&8s or8 tharg￿ lo ts SOFA on a $trAvJht kne b8sl8 Overthe olV o89. The SOC￿ osw8tas a dell￿d eonlrfbutbjn x￿me for of Ms eft￿￿e$. Contrfbubons piid are charged lo the SOFA In peiiod to whK Ihey¥eL91& Credltorn and pM¥knlo ard pmmsiths 8re rBccgnLqed s(xty 1¥5 a WEsent ot4vJalTrJn resullng frcth B PBSt event that ￿11 prd)abty r•suM kn th Ir8nsfÈr olfund5 to a Ihird pty and th• arnO￿t to sellle the ct4watk)n (•n t m8asurnd or•stimat8d reliabty. c￿￿0[1 and prov(8lcffjs rAre normalty wognw atthe S￿l￿ment after allowkng fc¢ anytrade discounts tluo. 15

THE ABBEYFIELD LANCASTER SOCIETY LIMITED Accountlng Policiej For th• yoar ended 31 March 2026 Corporntlon 1•Xar￿ ￿￿J•1dd•d tax Th8 80o8tyhos thaiitable 5talus and 18 eX￿pt from CtyPtyat￿jn ts¥ on thoritth￿ incorne it hos reL￿1. Tl 00cietyis n•t rewstered forVAT. A¢￿rdir￿aty no VAT is tharged lo residoDts expen5vs in S￿A are ofVAT. Fund aGGounttng FuTrJs htld bythè $0(aety either.- UNe8tdded general ￿n￿$ . Ilwe 8re fijnds whith caTr ￿ u8J in accordance Ihe (A)jeds at thscrthn oftho Tr￿1•85. De8WJrn91ed fithds - thes8 are lunds Sel ashyo byth? ofunr88lrhJ gprwot lund$ forsp8dfi¢fvttTr purp¢wes orprI￿ts. . Ih688 8re fvnds thtyt ran only be wed forpartirJJ8fTeBlricted wrpo888 th& cb￿c￿ ofthe ￿. R68trtdons arkne $kx¢ified the donor orvthen l￿d% are r8isItr pa1bc4rtarpu￿rt)$es. FIn￿¢[al I￿trUm•nI The 8octy onty ha$ ftnwthl 8s6ets li#brfities ol ¥ that qualfy as bas￿ kn481 instn￿entS. Ba￿¢ financial instJumnts are alfyf ret￿gnI￿d al tran5acon valuo and Subsequ￿tty mBasured 8ttheirsÈWÈmÈnt value. Rdltsd partytra4lon• The society di5do8es tr￿s8{￿orts rted partres. Wfftere appropriate, tra￿saCtionS ol a 5inilar nature ire gggregated unkns5, kn 1 opknion of drredors. ￿par￿le d￿d0￿￿e Is necessaryto understand th8 effect of ts tra￿aCIOnS w Ihe ¢ompanyfinanfial Wtements. Employ•• bonefft When ernthes have WViLx¥Io Ih B￿rt.t￿rn •rnploy8e berffts toth tha wry10￿ ara enthd are te£ognised ai I undbts)wrted Bmwnt exped8d tr) be p81d In ex(arvJ8forth8t 8ulce. The canty oprates a defiwl tay￿rtbuttoTh benefft ofits ConthbutJrA arn ex￿[￿8￿1 a8tlw teC4Jm8 p8yable. Judgom•nts •nd k•y •ow¢o• of 081m￿on unc•rtalnty In Ihts app1'￿tion of the Charila￿9 Company a(wIr￿N￿ OH>e$, diredorn are required lo make judgements, estimate5 and assumpthjns atrojl arnowl olas5ets aThY Ihat are nol r•adlty8pparenl frorn other Sour￿. The eslmate& and assoclated assumpt¥Jns are bed on tastorf￿l gxporkrKe and othert8¢m thoigre I>)￿￿10r0d lo ￿ re￿¥8￿1. ALrtual resurts maydifferfrorn Ih858 estknate8. Th& estim8tes and Mdtrmro as8umptitrA on An orooing ba￿ RevBIc￿8 to 8cuJuntir¥J eslkn8le& a￿ rec¢gnl8ed lth thtt peritJ in th8 e8ts'm818 18 revl8ed where the rÈvffj*)n alk(As that FWiDd, Dr in tho of Ih re?A8lon and firture p8rfod8 ￿ere lh8 re¥lshJn affeLts Ix)th IXJ￿ent aTrJ Ferh)d%. 18

THE A8BEYFIELD LANCASTER SOCIETY LIMrrED NOTES TO THE FINANCIAL STATEMENTS For the y•ar •nd•d 31 March 2025 l. Inromlng r••our¢o from ¢harltablg oclsvltl•s To18[ FLnJ$ 2024 Fund8 2025 Fund 202 Funds Resldential ¢ar8 kns OthersundryincDrre 1805239 1.405,339 3QO 1.T24.023 188 1,404639 1804639 1.224,211 In the priwyoortow incomi19 re8ource8trom th8ritsbla a￿￿e9 hre £1,224211, 811 olwthichw48 wre6tr5thJ. 2. Inve5trnert I￿orn• Totsl TDtsI FuThJ8 Fund• Fundo 2015 26 2025 Building interest Investrnenl ￿te￿OSt and dlvkl8TrJ8 Ba￿ intewt 1Thlere8t tharge5 364 10,328 7.954 456 324 9,959 2,897 5.148 10,328 7,964 19,091 19.091 18.32a Iv tl p￿)r>￿rIOt8l1]c%Tr1v￿ res￿r(S frcffl inyestrnent irKome re £18,328 811 ofv4tKh was un1estrid￿. A￿ly8L on c￿rItabl•¥cthlIO•s iJnr••trlct•d Tolal Tctsl Funth Fuhd8 Fund# Fwd 2035 20 2024 Dlr•¢t ro•ld•nti•l Gwr• Payroll athl othpr $taff ￿Sts Fwd and ￿tering Coun>1 tax, utilthes vL4ur8n( R89lstralon th8rg88 Prwn8$, garden and equlpment rnntsTrofK¥ Postage. sla￿Onery, 8￿rh￿Trj and tthphone Other suTJry ey￿e5 Depreriabon 8nd di5PCe81 olfrrted 888ets 1023.8215 1.023,825 44.466 60,109 4.340 59,891 4,853 917.207 41,4eo 46.242 60.109 4340 59.891 4.894 26.121 52,194 34.088 28.039 8lh42 Admlnlstrntlv• #upptsrt cwts Payroll Costs Abieyfi8k1 Society afflllaltrjn Other$undryxp￿$￿¥ Dwwedatlon aTrJ 6s cn thposal otfixèj a68ats Gov•manco ¢00ts Indewndent exsmirwbw 8￿j acLX)uTtsr 27.561 10,708 13,13 27.561 10,70 13,$38 26.480 7,739 10.e07 1IOt3 16.013 14,6eS 1,327,#37 1.381JlO 1,214,997 Ints priors¥rtotsl reaoLrn gyndpd %*pre V.214.997, £29,788 reslrthd £1.185,209w8 unr8sknragJ.

THE ABBEYFIELD LANCASTER SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS Forth• Y•arend￿ 31 March 2025 2025 2024 Nat outgc¥MJ resotsrces 1$ 5t•d 4ftertha￿g:. reLorfs wiun8raOon Auditovs ternuneration.. a8 audTtor Auditorfs WUnera￿on.. clh8rse￿C£s Depreaats'on of iaThJible assets Operat￿￿ laase pabTh8nts- equ(pmert 10,440 10,860 4118 57.951 17.608 10.085 52,PJ2 16,042 St•ff ¢ots Ind ThJmbo 2025 2024 oggregate p8yrdl ind agentystaff dwwvj ￿ar arnountsd lo:. WageB and salarns Soo81 setsjrity costs 1,9fjQ 61895 14963 157,660 694.579 53,398 13.635 171,247 Agenry 8t8ff 1.037,378 932.859 No emplw let8￿￿ ofmore than £60,OLX¢ rj thlhe ¢ymnt or s0r. The socloty depend& comid8r8bty on the c£￿Mitmen1 and enthus18sm of it8 tru8188s, vtho mwge t￿ 80¢iety through Ihe CA)mmittee8 aL80 provide $Tgnifi¢ant time xl effort in as￿stIng ￿7th Ihe day lo dayoperation offfte home. Tho m￿thlY ￿L￿berofe￿ptO￿ durfng ts >tarwwe'.. 202£ Numbor 2024 Number rniristslion. yrt lim? Hostel 8taff -fiJl tme ptrttime 33 18 35 The avwage monthty ofhjll b'mè t4uwaèntgmFty8J tsy¢8rw?'. Adminwtr•i• Hostd staff 28 25 28 6. Tru¥t•w' r•rnuner•tlon •nd•xpBn8 Remurthlton of£10,440 P024- £10,085) ih resFe( of tyecletariil #er¥%%s Yrns p￿d to Mrs A K H(A￿C￿, a direcaor trLkrytee of the aoraety, s pe￿Ilt￿l ty the m￿nd￿rn and Artkl8s ClAs￿alon. No remw￿8￿w8s paid tO8ny Olherdirectw ortrustee in eitherof the ￿ar8. D￿rYa the yearthe 80c travd eYV￿ 4ncJJFred forwr￿d [￿ng8 to A K How6w. a d8dor aTrJ trustee, ¥nounth to £MI12024_£901. AJI 8moiint$ w¥e paky year. Durfr¥ the ￿ar th8 8ocbtypald £51.89412024-251,7271 in rernuneron tokrym¥wmgnlpers0nn￿. The 60¢ty makes definEd o)MritrAJbDns to emFIDFes personal pen￿on pKgTh8. The assets oflhe Scknes a￿ held in awaratety &lrrtinist8red Jnds. Th8 pens•)n co&t charge rewesent8 rxJntrfjtrtk)ns payth ty thÈ •NJ amout)ted to £14,W 12024_ £13,635). kn amwnt of £2.95212024.. £3,311) w8$ outstbth'ThJ at Ihe y*arend. 18

THE ABBEYFIELD LANCASTER SOCIETY UMITED NOTES TO THE FINANCIAL STATEMENTS For the year •ndgd 31 March 2025 . Tangl￿ Y￿•d FixtrJm Fmhdd land ffttlry84nd •wlpm•nt and bulklln Totsl At 1 Aw'l 2024 Additk?ns Disp08als 1.931847 336,6011 50,845 (74.9781 1287.452 174.9781 At 31 MaKh 2028 1,930.847 311472 2,243.319 D•pr•Glwdon At I A￿￿1 2024 Charge forthe >Ar Disp058ls 828,tn 34817 280,736 21142 170,8891 1,11Kg06 57.95 ¢70,88YI At 31 March 2025 88J.•88 231,988 1,09S.976 N•t book ¥alu• At 31 M•Yth 20 1.066.869 1.147J43 At 31 MaY¢h 2Q24 1.102.878 55,670 1.158,546 9. stocts 2025 2024 Food otrorswdry slocks 1352 3.692 1,787 8.223 10. Dobtorn TrndÈdetr(w5 IXr debto IOS1 S7,221 148 16,273 1.089 18.254 2,472 Aryjued 21777 74.731 11. IrN••tm•n Valu• at I￿rf1 2024 Addltlon• Dl8po8al8 Chw In markntvdu• V•lu4t 31 Ma￿h 2025 $ted nivestnEnts MM8yM8rket th¥￿tment& Ca$h 342,960 126,￿3 1107,7441 361,379 100.000 6.607 350.921 226,IlJ3 1107,7441 46S,8e8 The fair value of li8ted in¥esknÈnts ts deiermil￿l by to thE qUtsl&Y price for ljentrcal as8ets In ￿ acl¥e marfrtet ot ts balanc $h•81 dale. 19

THE ABBEYFIELD LANCASTER SOCIETY LIMITED NOTES TO THE FINANCIAL 8TATEMEFirs For the y•ar ended 31 March 2025 11 Cagh at b•nk and In hllnd 2025 2024 e8nk deposrt 8founts 88nk ojrrent arthunt5 BuildirvJ sooety attount Cash in h8nO 1S4#6 10,347 9.849 121.154 12271 9,537 6.578 174070 148,$40 13. Crgdorn: Amounts f•lllng du•vthkn y•Jr 2026 2024 Tr8de uedrt Otherlax¢$ and swal 8ewrlty Olher (JÈdilors 12,971 13.420 15,030 17.661 8.502 58,858 14 64.290 The #verage nuntherof days be1W￿ ts recelpt and of pwch8Be irw01￿ is 1412024. 141. 14 D•f•N•d Inccm 202S R66KJents' fe8¥ in advance Deferred in¢c4ne at 1 tlpril 2024 Rebased in wr Oeferred in year 628 6,8261 5,233 15,2331 6,626 Deferrad in¢omg at 31 ma￿ 21r25 8.628 The Tr￿m• In thè 8bovg rKbts ha$ twn deferréd 48 r(rdate81o fea8 reCe￿d from resK1entskn perK)d3 afkrth¢ yearend 31 Matth 2tr25. 1& Anatysw f>frMI a•••ts 1>6tW•gn fvndj Totsl Fund• Fyfid$ Fun Fund• Tan9b￿ fjxgd 088eta Currwl a$se Curr￿tIl8￿￿t 65,508 54(62 194,3441 3569 .148 725,381 1,147.343 671,777 194,3441 017,7•1 481,597 720,a88 1,724.776 2024 Oe&lJnalg Funds R¢sthLawJ FuNJ$ Tot81 Funds FurKIs Tarelbkn fix&1 #ssets Current a5setS C￿￿eTht llabilhle& 55.870 458,674 198,0481 3V2,478 123.741 740,198 1,158,546 5K2,415 (9B.048) 416.4 486219 740,198 1.642.913

THE ABBEYFIELD LANCASTER SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS For th8 y•ar ended 31 March 2025 2028 Nurnb•r Nurrt The￿ FS no auth)rMe(15har• caFal 8Th1 the n￿￿t￿r of mombw8, of 4th08& Ilablty tmlted to£1, 8t Ihe eTrS was: No ha& or811 corlrrt 17. Idov•m•rt In fund 8al•nc• •t 1 AwS1 Trth. Galn• & Balart• It 31 Il•rch 2025 Incom• ExpwTrJltur• Unbwtrfct•d funth $￿ins0n Burwy Fund Rep8irs ￿SerVe Charltabb capit81 expeNJrfurE reseTh 38.741 lJ5.IXIO $61478 40.148 8S.000 356,449 Totsl dwlyrnt•d lund• 486.219 14,1221 481,597 GE￿￿lundS 416.498 1N24Q18 11,331.6051 4.782 J17.791 Totsi unrthS¢ted fundB 901715 1A28,018 11.331HIS1 999,381 Restrfctsd tund• Ftx•d 888at rewithd fiJTrJ 740,191 11.593 13WI Tthl r•Strk￿ funds 740,198 18,S93 133.4031 725,388 Balan t1 Aprl 2023 Trnn6krn. Goin8 & L¥5se5 BaL9n￿ 01 31 Marca 2024 ome Exp8nditurn Vnrt¥trictsd fund8 Swainson Bursary 37.265 85.ofpj 368,507 1.47+5 38,741 85,0 362,478 harItab￿ ¢awtal rtwvé 16,0291 roth1 d•¥Ignat￿ funds Genèr81 490,Tf2 14,5531 486.219 339.741 1,244,417 11.188,5611 20.899 416,496 Tgtsl uDrn¥twktod fvnd• 830,513 1244,417 11,188,561) 16,348 902.715 R••triGtsJ funds Fued &SBgt rgstrkAed fund 769.986 (29.7881 74Q,198 Total restrkl•d 769,986 (29,788) 740,198 21

THE ABBEYFIELD LANCASTER SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS Forthe year anded 31 March 2025 17. Mov8mont IconLI Pur 113w•ln•on Burn•ry Fund Tlws reserve refth donations 18gades roLw•J be used to as￿81 ros¥Jwits are Ufta￿e to the fill cost of the xynmodatkln. D R•wlrn r•s•ry• Th"s resN r￿res￿t$ 8n amounl $81 a￿dè to cary wt future Mai￿ rep8lr6 on Com￿e￿ hwskn9 propert￿ ￿e1 of th r•8er% ha& t%en assessed by lrnslg9$ In ight of th ¢>JrTert r)Jndthon ￿ thE pfoFerty. Ihe rwwed lvg8e￿t ffi￿re, d ￿ avallabilty ofwants forsuch 11 CharlW>f• capltsl •xp•ndltsro The Chgrftabb Ca￿181 EKpendllure Rew%E repre8eTTrts the nal co&t of the sodevs rKopeTty after ￿￿U￿on of grants r8cel¥ed and p￿All￿n. The transfer of £6,029 from this re8er¥e to Ihe Ro¥enue Re8erve ITr the ￿ar gnded 31 March 2025 represents Ihe depre&8thon ag￿rtst LmSlrKa8d knds ofchwnslde How propertyfortr 5¢8r ¢ted fund& Iv) Flx8d xortrntrktodfvr Thts rets to eNwKIitLTe ty ch0ffjtyfL￿dOd from reLw&J Ic¢that pilip￿d FIMnclal Irb8trum•n 2024 Fknana￿ assets m88swed at amNti8ed cost 1n.121 205,761 Financial assets atfatrvalu&throu9h prnfftor b)6$ e,886 350,Y21 Fknanl¥￿ I￿lI1￿85 st8mutiÈed Ix)st 1l971 15,030 Financlal asaets me88urerf at amoth&J cosi¢¢mfv. Trade of£2.05112tr24.. £57,221) TrKymd in the rNJrntal courae oftsehararfs aclvlle& Th& balonc$ are rewerntlÈwth"n year Cash baL9Kts of£176.07012024.. £148,540). na￿al asset5 at faw value Ihrough profft or108& The fair ¥alu8 Is d￿rmi￿d by retsM(e to Tnarkel of the irwestments ￿sted on thè UK $ifjckexcharyJe, £486,8B812024.. £350,921). Financ1￿ hth"filbs ma>￿d alar￿1￿0￿ ¢mt r￿prf Trad¢ crediloTS of£12.97112024." £IS,030I as dotalod In note 13toll frnrThf slataments. The balanc4$8￿ or year.

THE ABBEYFIELD LANCASTER SOCIETY LIMrrED NOTES TO THE FINANCIAL STATEMENTS For the year fjndgd 31 March 2025 At lh8 reporting oTrJ thte Ih8 8ot• had outstsndltvJ for ftrture mirknurn pah•nethB ur>ts Th>bcanc￿Ie owatir¥J 188848, as frJnM'. 2025 2024 Equlpm•nt Wrthin one yoBr Beh¥een trlo lo five years Aftor more I￿n fve year8 17.44$ 17.086 e7,732 7,Cfj7 91.915 20. Capttal ¢ommiknonts At the ty8K8n¢e sheet d¥l•th8 8O¢W h88 ¢c¥nmknw)ts amoLttin9 to £Nil12024-£Nnl. 21. Op•rnting costs trom lolting 1025 2024 needs acccffjmod'on. 20 wtt612W24. 30 urltsl se￿1¢88 an8&menl Routine manten8nGe 1,219,439 fj4528 39.972 1,080,953 eii,159 44.097 1.327.937 1.1&fj2(Y3 22. R•K*t•d yrty iMn8QCtions Tkn ￿ren00]S￿s8t1e rd8ted p8rty Imr￿L￿on8 the swrl2024' mng).