Charlty r•glstration numbor 237066 (England and Wales) LIGHTBOWN COTTAGE HOME TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 LIGHTBOWN COThAGE HOME TRUST LEGALAND ADMINISTRATIVE INFORMATION Trustses Mr P Jennings r D J Mar8den Ivice chairl Mr T Watson Mr5 B Holden {thalr) Ms K Weston (Appointed 5 June 2025} Charity number (England and Wales) 237056 Prlnclpal address 29 Sunnymere Drive Darwen Lancashlre BB31RH Accountants Hindle Jepson & Jennings Ltd 10 Borough Road Darwen Loncashire BB3 1PL Banker6 National Westmlnster Bank plc 35 King William Street Blackbum Lancashire B817DJ LIGHTBOWN COTTAGE HOME TRUST CONTENTS Pago Trustees, report AC￿Unta￿ts, r8POrt Statement of financial activities Ba18nce sheet Notes to the financial ststements 5-12 LIGHTBOWN COTTAGE HOME TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The TnJ$lees present Ihgir annual report and financial ststemenls for the year ended 31 Dec8mber 2025. The ac¢ount8 have been preparèj in accordance wrth the accounting policies set out in note 1 to ￿ accounts and wlh the Trust's goveming document. the Charits'es Act 2011 and 'Accounting and Reporting by Charities.. Slalement of Recommended Practice appllcable to charities preparing their aecounts in a¢cwdan¢e th the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}. las anEnded for accounting periods commencing from 1 January 20161 Oblectlves and activltles The Tru¥l's objects are lo provide $8lf-suffia$nt, low cost communty housing cottage homes to aged persons of Darwen. The policies adopted In furtherar￿e of these objeds are to maintain the Cottages and provitle cOmforta￿e accommodation for local pèople al an affordable price. There ha$ been no change in these during the year. The Trustees have paid due regard 10 guidan￿ issued by the Charity Commission. Charitsble activities are sel by the Trust deed. Achlovgments and perfomlance During the year the Trust provided 8 cottages tor independent living which were fully mainlalned and occupied. wllh no empty properties, no vacanaes. and no loss of income in the year. Flnancial revlew Tha Trust has mair¢tained ils lèvel of income In the year. 11 is the policy of the Trust that unr8Stri¢ted funds which have not been designatsd for a speciftc use should be maintained at 8 level eqijivalenl lo be￿en three and Six month's expenditure. The Trustees consder that reserves at this level will ensure that, in the event of a significant dpop in funding, they Mll be able to conb'nue the Trust's current activities while consideFalion is given to ways in which addillonal fvnds may be raised. This level of reseNes has been maintained and exrReded throughout the year. The Trustees have assessed the major rlsks to which the Trust Is exposed, and are satisfigd Ihal systems are in place lo miiigale exposure to the major risks. Structure. governance and management The Trust was estsblbshèd by a Charitable trust d8od on 26th July 191 S, from a bequest made ty the late fimothy Lighlbown who dled September 1910. The Trustees who seNed during the year and up to the dale of signature of the flnanaal statements were.. Mr P Jenning5 Mr D J Mar8den Ivice chairl Mr T Walson Mrs B Holden {chair) Mr R D¢)ne Ms K Weston (Resigned 28 February 202SI (Appointed 5 June 2025) Trustees sh811 be appointed to fill vacancies by the Trustees at a Speckql Maeling of their body lo be held after 8 lapse of one Calendar month from the occurrence of such vac8ncy by a resolution to be forthwith rK>trfied by them with all proper information lo the Charity Commission. Nona of The Trustees has any benefficiol inlerest in the ttjmpany. The trustees, rwrt was approved by the Board of Trustees. Trustee Dated: ,. .%.: ...aL LIGHTBOWN corrAGE HOME TRUST CHARTEREDACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LIGHTBOWN COTTAGE HOME TRUST FOR THE YEAR ENDED 31 DECEMBER 2025 In order lo assist you to fulfil your duties under the Charities Act 2011, wo have prepared for your approval the finanaal slalemenls of Lighlbown Cottage Home Trust for the year ended 31 December 2025, set out on pages 3 10 12 from the charity's accounting ￿COrdS and ftom information and explanations you have given us As a practising member fim) of the Institute of Chartered Accountants in England and Wales IICAEW), we are subject lo 118 ethical and other professional requirements which are detailed al https-Ilvthv.Icaew.coml regulalion,delailetrfied by them with all proper information lo the Charity Commission. Nona of The Trustees has any benefficiol inlerest in the ttjmpany. The trustees, rwrt was approved by the Board of Trustees. Trustee Dated: ,. .%.: ...aL LIGHTBOWN corrAGE HOME TRUST CHARTEREDACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LIGHTBOWN COTTAGE HOME TRUST FOR THE YEAR ENDED 31 DECEMBER 2025 In order lo assist you to fulfil your duties under the Charities Act 2011, wo have prepared for your approval the finanaal slalemenls of Lighlbown Cottage Home Trust for the year ended 31 December 2025, set out on pages 3 10 12 from the charity's accounting ￿COrdS and ftom information and explanations you have given us As a practising member fim) of the Institute of Chartered Accountants in England and Wales IICAEW), we are subject lo 118 ethical and other professional requirements which are detailed al https-Ilvthv.Icaew.coml regulalion,delaile