Charfty regl•trallon numbor 237911
Cofflpany v•glitraUon numb•r 00817104 IEngknnd and W*lo•1
THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
LEGAL AND ADMINISTRATNE INFORlslATION
Tvu$te
M￿RMOe￿o
Mr G B Smith
MrMRCFJonos
(Appjinled 15ffj1r2025)
(Apwnted 1510112025)
(Appointed Cfrn2023. reS￿ne0 05103r2024, re4ppoinl•d
13108r2024)
(Apwnled 1510YL024. re&gneO 1J08r20241
(Appoint&d 01111)r2023)
(Aptw)inte(130108rd023)
{Appcrfnted 22104r2023. resigned 04109r20231
(Resigned 04m4r20231
IRe5i9ned 01D)8120231
(ResI9￿d 07108r20231
{Roswwl 0110￿023}
Mr R P8tterson
Mr J HK*5
Mrs C Bid¢Je(￿rnbo
Mr J C Hudson
Mrs S Hamillon
Mrs J Burke
Mr P Stafford
Mrs J R HusbaThJ
Charfty numb•r
237911
Conyany nunth•r
00817104
R•gl•tered offl¢• Litt￿ Fla
Boaulieu Road
Dibden Purkeu
Southampton
Hampsh
Unil•d Kingth
S0454JF
Awlltor
TrethDwans LLP
The Pavilion
Botleigh Grange Business Pa
Hedge End
Southamplon
United ￿ngdoM
Athenla Hou$9
1(k14 AndoY8r Road
nthe5ter
HwnpJP¥re
Ur#l8(l Kingt
S023 7BS
Bank•rn
AF Linited
25 Kings Hill Avenue
West Malli
Brewn Dolph
Vantage Point
Jwater Pa
Pynes Hill
Exeter
UThted lQ'ng&Jm
EX2 5FD
Unitad knngthm
ME194JQ
Lloyds TSB
25 Gresham Stre•l
London
United lfjngdom
EC2V 7HN

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
CONTENTS
TNslees' fepfy1
stalemenl oftrustees. respywb
Ind8pandent audbto¢s report
-10
Stat￿ent of ffinandal acaiifjlies
Balance Tth¢8t
13
Statement 0f￿h fltr*s
14
Notes lo the finanual statements
15.30

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
FOR THE YEAR ENDED 31 laARCH 2024
The trustees. who a￿ dyeclorn for Ihe pU￿oseS of company Iw. wesgnl the annual rewrt loggthgr with thg
financial slalemenls and auditors. repth of the dwitable for the yeaf ended 31 March 2W24.
The ffinanual statements have been prepared wi xe0rd￿ wilh the accounknThJ poliae5 set out in note 1 to the
financial $tatement5 and ¢ompty with the tharilable ¢ompanfs ArtK4es ofAs500ation. the Comparies Act 20(￿ and
'Acuunl'ng and Reporting by Char￿.e$.. Siaiemenl of Recommended Practice appli¢able to charities preparing their
accounts in aecordanc• with the Financml R•portry Star*danl appltable m the UK Republic of Ire*nd (FRS
102)" (effecb"ve 1 January 2019).
ObJ•ctlv•• and acthitl•s
The Charitys PUTpose. a$ set out wi thè ¢*4ed$ 14•Jse o)ntair)ed in its artK*s ol ass0iia1￿n.
o pyomole lh• rali•f of th• •ldaty....in a mannerwhth 1$ deemeo ty law to be charilable..
Our re&dents and they famlie5 are certhl to ow rxgani5al"on. Their n8ed5 and aspirations are rnet by
cornrnitted. professional and respethl care team. ResKlents' ind[￿d￿alty and w￿8p0￿jenc0 is actively promotod
and their contribution to ccrfnmunty invd¥ement is encouraggd. Thg Charitys *m 1$ IL) prowde high wality carg
for those who need varyir4J levels ol suppcrt to aswsl Ihem with their daY.t￿daY actlvitles.
Oble¢tlYes. *trnttyios and xtlvlil•*
Occupancy
To maintain a high le¥el of occupancy.
To ba lh• r￿￿￿OnI1a1 and nursing hom•s of chLMce for tho hxat 0%￿rn￿nty and Ihe local he*1 trn￿l.
N•tion•l Ilving wag•
To keep OUT Employees above OT in line the NatK*nal LThing We.
To monitor IN￿g increase$ dosety and gnswe that EMI￿0ye&S aro pavj apwowl•tsly.
In¥￿tmont PorfomMnc•
To generate a respectable level ol ￿tuM on Investment5.
Invest in sectois thal are risk averse and gen8r4ts an abjve aNW Tale of relun.
Stsff Thrnoyer
To See a reduction in the stsff lumow.
To be the destination of ch0￿e for nursiThJ staff. aThl and domesticassistants.
o•t Control
To see conbnued cost control ￿ro$S the organisatr"on.
To continue developing and adhering to fin8naal pohc4es and FKrA%dures to ensure costs are a￿ayS minimal to
0￿de a high Standard ol care.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR ThIE YEAR ENDED 31 MARCH 2024
G•n•ral
The Charily operates one Re&denbal hoTh He¥lland Brod(enhwsl. HampshTr. arbd Residential and
Nursing Home, Lrtlle Haven. in Dknden H•whYe.
Each of the Chan￿S care homos offers reshjwthl. nursng (nryaT no longer wowdeLI at Heartland Manor). palliauvg.
re5Prte. ¢onvale$cenl. and re-enablemenl ¢we lor èlderly. Heartland Manor a150 offers Dementia care. 11 the
need arises, a seamle55 transfer thrwjh these stage5 of ￿ Can be a￿mplIShed. Little Haven has a dedicated
A¢tiwties coorth"nalor. who ensure Ihat residents enjoy a dr¥ErsE and stimulating range of daily adivities such as
qUttZ•S. 98nlla &xerus8 classes. Ihemed events and meaLs, thiiks parties. excursions. films. and other
enlertainmenls as well as access to computws * the ￿￿eMel
Visitors are always W￿C￿Me. and ¥v￿nteers. 18mdw aNI fri•nds aro O￿Taged lo parti¢¥ate in the da1￿ actMts'BS
of the home, esperAalty on significant o¢¢awns as birtlthys and annivetsariès. Resrd8nls' guests are readity
accommodated for meafs and are welcome lojoin ￿dentS in a cup of tea or o)ffg9 al any limg.
Heartland M8nor Is 8 40 bed Residèntial home set to Ih8 c8ntre ofthe Nvw Forest vllage of BTod(enhurst with
dose acces5 to the loc￿ shop5 ar¥J Se￿￿$. All bedrcom$ have ensuite balhroom cff shower facilib'es and there is a
communal lounge, sunroom. dining room. actiwti.es room and beauty sak)n. The has beautilul mature gardens
lor ro$idènt$ lo enjoy ￿ a relaxed and ￿mfortIng enyironmeni.
Lit￿0 Ha¥pn 15 a 41 bed Residential and Nurning care home situaled wihin an easy walk from Ihe village shops li
Dibdgn Purfieu and is within close reach of wrth its fery uo$sing to southaMptL￿ lat present suspended for
repalrsl and extensive facilities. Al bedrooms ha￿ eTrsuite tolet f8tylilie$ with the athjtlional benafft of gard8n
vlews. Ther* is a communal low￿e, d￿Ing room with ￿le. aGtwties roc*n. bpr. mome room and a hairdrg$siriJ
salon. The hom•, is friendty and relaxed. is s81 in ￿￿bjre garden5 thl walks, raised garden beds
and Comfortable 5eaknng ar￿$.
At both homes cat8ring housekeeping leams pro￿de fv15eN¢es. wl¥lsl kn"t¢henelte$ laundry faolitie5 are
mainlained our more ind9pgndent r¢$idents. Res*Jenls can cknse to enjoy meals in the relaxod 8lmosph8re of
the dining or kn the prlvw of Ihwr rc*>m. Our seasonal menus and popular themed events providè an
opportunity for fesidenls lo socialise. The Chef * each meets with each new resident to discuss their dietary
preferences or speual requkemènts. Bth*r8ges orKI snacks are also ayadabkn 24 houTs a day.
Local GPS ￿511 and our residents are helped to a T*wJe range of trusted wnnmmity seNces. induding
Oakh8ven Hospieè. Rosidents also have acc8ss lo the ser¥ice5 of a denlist. chiropodist. and hairdresser. Both
homes offw individual care providod by dgdrated * profess￿￿ ieams. The homeg are able to proTrthd
searnless transfer frcxn residenhal lo nwsI￿j the need
Publ1¢ bon•fit
Ow ¢are IKgrn0 ¢hariiy for ehjerly peo* is dedicated lo providiNJ a safe. nwturlng, and wppth've environment
for our reskjenls. ThrowJh our conynbtment to excelknce in c*. we slrNe lo enhance the quality ol life lor
everyone under our Care. Our seThtyces rw)t meet the physical and rnedical needs of Dur re5iden15 bul also
omote
soual
stAmLAalK)n.
and
ernotional
welkbeing.
We believe ihat evory elderfy perBon deserves to li¥E Iwth dignty and ￿SpeCI. our tharity 15 dedicaled to
upholding thes8 values. By foslerin9 a sense of community and bek)nginy. we aim lo con*Jal lO￿lIneSS and
isolation among Ih? eld¥rfy popul*"￿. Ojr deth¢alod slaff rngnthrs wcrt trek561y lo ensure that each ￿81￿￿1
receives
per50nali5ed
¢a
and
attent￿n
tsth)red
their
unique
needs.
Through our charilable efforts. setrk to make a ptisib%* on the l¥es of elderty N￿mdual8 in our
¢ommunty. We are committed to transparm. ao))￿t￿llty, and c•￿1￿uL￿5 IMpr0￿ment in all asp90ts of our
operntKins.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI
(CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Social inv•stm•nt poucles
are committed to makry a pjSib￿ social thrwh our inNp5tn*nts and initiativès. b8liÈve In the
power of soaal inveslmant to ueate lastwig and imwo¥e the Ipns of Ihose we sem.
strate￿¢ investmen18 in our Ca￿ f•>'h'￿$. pffjgr8ms. seAThc￿. we #im to whgn¢e th9 walty of
lrfe for our reSidw￿5 and (xnlriL¥Jte to the ol the ebjety powalion in our ￿mMunIty.
In addthon lo our corè saNices. wg are proud to offer three benevolent fund5 lor indr¥ithJals in need of support with
thelr fees. These provide financial assistarKe lo ehlerty people facing hardsh￿ or unforeseen orcumstan¢es.
ensurfng that they have a￿$5 lo the Ca￿ and SUPPLVI they rwwre. By Inve$tmg in this fund. we are able to extend
our rèach and help those who may nol otherwL%e have lo the they need.
To be efigible for considerathon f￿ a￿s1¥nce residents must have been resident in either Heartland Manor or Little
Haven for at18ast 3 yèars and have sought assiStar￿a from other charity organisatsons. A5 income asc¥ibed lo the
•nevolent fund's assets is Imil•d. the INsiees ha¥e sot a we8kty &mit tor assistanc*. *thich is kept under revivw.
Our SOfAal in¥eslmenl strategy is guKled by ￿Jr comrr¥tmert lo transparency. aLrountabil'ty. and ethical siewardship
of resources. We continuousty evakHte the ol our inNpslment5 to enswe that they all￿ with our misslon and
value$. Through ¢)ur efforts, we seek to rnle a rThJre aThJ o)mpassh)nate Sts￿ety where all eklwfy
Indlvlduals are vaued aThJ supported.
ofvoluntsern
While The As¥rAation ha8 re• tenefftled frryn Ihe of ¥￿Is. other than the trusteès. lo
the extent il would ideally like, it 1$ gratefvl to all lh¢ p¢￿e who ¥oluntafty giwa th•w valuabl8 tim8 10 ensure that
8eNi¢es and a¢bvllies are delivered to the h￿e$l possiblè standard.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Stsatqgi¢ rnport
The trustees. WIKJ are directors for the wrFV4es rrfcornpany l•w. wesenl their strategic reprrft for ih? year ?nded 31
March 2024, in eomplianc• with s414C oflhe C￿￿￿A¢1 2LK6.
Flnanclal rnvi•w
Financ4al resutt$ for the year ended 31 M*¢h 2024 are sho4¥n in the statement of financial acliwli•s on pag8 11 10
12 with the associaled assets and 1•bIh￿e5 sel in the balance sl*el on page 13. Thè statèmont rrf cash Ilows
for the year is on page 14. Supporting notes lo the accounts are on pages 15 to 30 and provhdo 8ddilional
inlwmatTh to support th8 fryur85 in the man statements.
Total incoming resour¢e$ for the year were £4.369,692 (2023.. £4,366.969). rgsourw expended were £5.111.9
{2023'. £5.446.6031 and the defioy"I for Ihe yearwa$ £635.185 I￿23.. de￿1 £1.323,598)
Poll¢y on m?r¥••
Free Re￿IveS availatle for use by the Charity are deerned lo be Ihose that are rèadity ￿aliSable, tess fund$ whose
use Is reslrl¢led or designatad for pgrticular purposes. Thus. th• calculation of Free R8seryes exdude5 property
and other awls that COn￿nu￿ to be uséd w) thè day-tfyday c¥Jeration of Iho Ch￿ty and in partiujlar the
buildings uséd by Heartland MaTrx and Lth Ha¥w.
AS a mattor of poh'cy. th8 tnTrst8os re9￿artY revi￿ the of thg reseThw required to be held in wiveslmenls, cash
and cash equivalents not r9stri￿Od lo or dosignated for ￿Y particular purpose. Idealy the trustees believe that a
General Reserve equivalent lo 3 months, nwnal Charitable expendilure ts needed to provide adequate working
capital, to crea18 a buffer l) case ol a suddw) re￿[￿ti￿ in r&sth)t numbevs and to 8lkM for ffluctualions in
investment retum.
On 31 March 2024 Ihe General fr8e reserwès were n8g￿nrn £92.957. The TTUStee5 are aware of It¥5 and are
rtmewing ils ¢urrent d￿gnated res•DA b*ne•s so as to rèallocat8 som• funds back to free reseNes as required.
In addbtion the tharity has lund5 of ￿.481.￿ (2023.. £2.316.965).
The Property and Equipment Fund of £1.542.570 (2023.. £1.351,7461 represents the net boc4( value of flxed
assets. which havg been purthaswj wilh unrestricted funds. Thts reSe￿e is locked into the value of the hvo
homos and thelr assodated fulures ar*J ffllYYJ$ lh8 value Can be rnloa￿d only if one or both of th8 homés
wèro sold.
The Repair5 and Improvement Fund of £23,9]1 P023.. É50.0(M)) is hokl to fund mapr repairs. wnpr0ve￿￿nts and
iew81s lo the h¥in ?stat8s at Hearlland Manor and Littt• Ha¥en.
The Fees Subsidy Reserye of £915.219 (2023." £915.219) rs a sum set asidp from *arye$ I￿91ve￿ to pTo%ryde lh¢
I￿￿8Y AssoL?abon Benevolent Fund IWABF) with a capilal base Ilogether wilh restrict￿ fv￿lS wi¢h the same
oimsl from which to earn irterest all￿1ng smal weekly grants to be made lo help $w)port any loNJ temi resident
who would othen￿Se nged to move home because of their roduced financial arr#Jmslance$. The Imslee8 will
adively manage this reSe￿e to b*rKe thsadwtw residents with thè need lo make
improvements lo the homes.
Inveslm•nt poll¢y and obJoctl¥•s
The trnstees would idealty like to se• a 4% r•lwn on th• In¥￿trn￿, in h9hl of currnnt rnwket condibons and
"balanced" risk portfolio. as adwsed by TWA'$ invest￿1 advlsws.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE YEAR ENDED 31 IAARCH 2024
Prlnclpal rSsk¥ •nd un¢wla5ntl••
Rlsk rnanagom•nt
As a cafe home charily dedicat•J lo prowdirvj qualty Ca￿ for indwiduals. we recognise the importance of
identfyiNJ and managing nsk$ to ensure the safety and welkbeing of oyr ￿Sid￿ls, staff, and stakeholders. Our
organisation is cofflrnitted io Mainla￿￿g a rcttht risk m￿gement frame*c*1E that enables us lo pwactive
address potential threats and uncertainties that may Impact our Operat￿n$ and lo rnitigate risk to the charity as a
wtrK)le.
Some oflhe prinupd risks and urK¢rt•rths thal we acknty** and maftag• inolude..
1. HeaHh and Safety Risks.. En5UriThJ the healh and sakn of Our residents and staff is paramount. have
inwlofflgntgd slrin9ent hgallh arKI safgty protocols. infection control measures. and emergency response lo
mrtigalg
risks
related
to
xod8nts. ilnesses and
other
healt￿related
135ues.
2. Fbnanaal Risks.. As 8 chaiity reliant on fees gener8lfjd by charilat4e a(*i¥it*s. wg ar• expos•d to ffinancial risks
s￿h as n￿tUationS in in¢ome, rising opernlional ¢osts. •id ec£￿￿71¢ unc*rtaintss. W• dos•ly monitor OL
finanaal performancé and maintain reser￿.
3. Regulalory Complianca Risks.. Conwliance wlh regulatory requirements arKI standard5 is essential to our
oporations. Wg have established robust gO￿rnanCe sl(uctWg5. policaes. and procedures to en5we compliant
with relevant laws, regulations. and ljest in the carg hm sgclor.
4. Reputat￿Th Risks. M*ntsining a posrtNe reputation is lo our charbty's W¢￿5. We a¢ti¥ety manage risks
relatèd 10 public percep￿n. $takehohler relalioMlip8. aKJ medo s¢Aut￿Y by picth)bng tran¥ar8ncy. ethical
conducl. and open commLmication.
Our risk manag8m•nt approath r•gular risk assess￿1$. internal controls. ar¥J CcffltinUo￿ monitoring of
key risk indicators. IA* engage *ryth slakeholdws. seek expert athi¢8. and stay infomwd about efflerging risks lo
enhance OUT risk managemenl practices.
By prioritising risk Thanagement and adoplwvj a Prothe stm trMarf$ addressbng potential threats, we alm to
safeguard the interests of our residents, slaff. donor5. and the wKler communty. OUT ts)mmitment lo effective risk
management underscores our dedicabon to dehwirwJ high￿u￿ty and maintaining the Iru5t and o)nfidence
of 011 those w& senm.
Key identlfied rl•k•
Recruitment remains a chalenge vAlhin Ihe assorialion. BeTrthmarknrvJ of salanes for brAh nurse5 arKI health care
assistants is a r8gular admty within thè a$SL￿tiOn to enswe that we r8rnain competitive. As the prospect of hIg￿r
inflation and the ¢onseguent pressure on salanos ¥KI wages materiali5e$. flgxibilty in stsffing and careful
monitoring of slaff b￿19¢1$ wil be a with.
At Heartland Manor and Littte Haven. we benefft from a wel￿est￿l$hed and commrttsd care team, and we remain
graleful for Ihe semces that Ihey provllle.
Core staff recruilmenl 1$ a ¢ontinu81 ¢h*le￿. in adthtion to Ih• departure by mutual agre8m&nl of the CEO. The
CEO posl holder left TWA In August, 2024. An Intermn CEO has bè8n found bèan thè organisation for g
months.
80th buildings need re9￿ar enhancement in order to remain appropriate and comfortabbE for our ￿$￿Ients. The
trustees are ¢urrenUy looking al ¢ho$8 impro¥gmenls as part of the stralegic FlanniThJ lor both hoffles. Anton House,
property owned by Ihe assoaab.on has been sold. vhmch wll gnable more imFrfO￿ments to be made.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT)
(CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2024
StruGturn. gov•rnanc• and managemont
The Charity is a registered thanty INO. 2379111 and ¥ CoM￿nY (No. 817104) limited by guarantee. Its registered
office is shown on th8 Reference aThJ Administrative Detats page of this rewt. The Charity is govemed by its
Memorandum and Artides ofAssoaation adop1￿ on 26 A￿￿$1 1934 as ￿endad by Specral Rgsolulions passod
on 30 March 2017 and 23rd FebnRry 2021.
R•crullment and •ppolntm•nt oltru•tO08
There are 5 truslees currentty in post.
The trustees rwew reg￿laty the conyJosilK)n of the 8oard. Tr tn*tees lo)k 81 the bsend of expgrience 8nd sk1118
of al twstees to ensure that these me•1 Ihe needs of the Charity. ythe￿ Vacan￿ ariae. a recwrtment drf¥e is
un¢Jertaken.
The tTuslees are covered by an indernnty poky.
Indu¢tlon and trainlng of IN*t
TTUStees are i&wed with a full Ind￿1￿ • indLNJiThJ the ass0(ath wrfomialion pack. an introthjct￿n to The
ertey Associalion. charity Commission fft and woper peTsons ￿fo￿natiOn. the'h¢JM to. of trustee board
meetings and the volunleer handbook.
Arr•ngom•nts for ••ttlng key m•n•gm•iit p•v•on•l r•mun•rntk)n
The key mana9frmwl personnel ¥fj thg Chigf Exg¢utive Officer and Soft￿¥ Managgmgnt Tgam. Thglr
remunoralions afe sel by the board of truslges.
Ory•nl•atlon•l stNctur•
The Chief Exe¢Lrtive OffI￿r is responsible for the day-to-day M￿agemellt of the Charitys affaws and for
implementing poli￿eS most ofwhith have been agreed by the tmstees. The daY-t￿daY running of Hearuand Manor
and LitUe Haven is del8gal8d by Ihe CEO to the Home Th• 8usift￿ acbvilies arn managed by the CEO
and Senior Monag•mMt T¢am wilh tmst•¢ ov¢is4hL
The trustees, repNi, indudirwj the drectors #nd sirnlegic r￿)￿1. was appmved bythe Board ofTwslee$.
MrsC8i
Trusts0

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
STATEMENT OF TRUSTEES. RESPONSIBIUTIES
FOR THE YEAR ENDED 31 IAARCH 2024
The INstees, wtho ¥e 41sts the ￿ect￿5 of The wfvert￿ A55co"ats)n for the purpose of CDryany ￿w. we
responsible for preparing the Twstees. Report and Ihe finan(ial statement5 ￿ accordance with applicable law and
United Kingdom ArLounling StaThlards (United KingS)m Generaly Accepted Acco￿ti￿j Practice).
c￿panY Law r8qur•s the truste8S to fwwcAal statements for ￿ch finanaal y•ar which give a tru8 and fair
ew of the stsle of affaits of the o)arilable ¢onw)any of the in￿Ming re8OUrtes and apPI￿ation of ffj8ource$.
induding the inccrfne and expenditwe. ol the charitable c0Th¥￿y for that year.
In preparing these finanoal stalements. ts trustegs arg rew1￿ to..
- s&lecl Suilable 8c¢ounling poli¢ies and then awy them ¢Mststth;
- obserye Ihè methods and prinr￿￿es ii the Charilies SORP.,
. make judgements and estin)at¢$ that w• reasonable aThJ wudent and
- prepare the financial stalements ￿ the gory corKem basis unle85 it 15 inapprr4>riale to wesume that the
charitable company will ryffitinue in Operatm￿.
The trust8es ar• responsi￿* Iw ke8ping adequate a¢counthng fe(zrfd$ that dtsdose with reasMoble accuracy 01
Any timè thè finanua pwb.on of the ch81itable Company arnl enable them to ensure that the financial stalement8
compfy with the Companie5 Ad 20C6. They ￿ a150 responsible for safeguarding the assets of the charitable
cornpany and hence for lakiThJ rea%)nable steps for the prevent￿ and dete￿1￿ of fraud and other irregularikn'es.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE ￿LVERLEy ASSOCIATION
Oplnlon
We have audited the financAal statefflents of The I￿r[eY Assocbathjn lthe'charitable compan￿) for the year ended
31 March 2024 Wh￿ comprise the statement of finanoal ac￿￿t￿S, the balance sheet, the slatemenl of cash flows
gnd notes lo Ihe finonaal stal•m8nts. Ir￿UdIng signfficant aeeounting polic*s. Th• ffinanoal reporting framowork
th81 has been applied in Iher prePwat￿rt 15 ¥plicable law and Unilgd ￿ngdrth Acrountrng Slandard$, including
FinancAal Reporting Standard 102 The Fina￿181 RewJth"ng Standalll apFI￿&b1g in the UK 8Th1 Republic of lrnland
(United Kingdorn Generalty Accepted Accountiw PTaraKe).
In OUT Dpinion. the finanoal stsltments".
give a true and fair ¥i8w ol Ihe stato of Ihe charitstJl• companys affays as al 31 Mafch 2024 and of its
ineoming rasourtss and application ol MS￿reeS. indudwh3 its ineomè aThJ •￿￿d￿tUre, for year then
ended..
have been property wep8red wKh United Kirydom G•*raI￿ Accepted A(thuntwig Praciic•.'
and
have begn p￿Pared In a¢cordan¢e with the reqimrenxnls of the Companl&s Act 2006.
Bas18 for opinlon
We c￿dUded our wjdil in •¢trAd8rKe wrth Intwn•knd Slwjards on AuditiNJ (UK) IISA$ (UK)) and applicabl
law. Our responsibilities under those Standards are further described in the A(*Jitorfs Trsponsitslrties for the audit of
the finan￿al statgrnents section of OUT report. We are Wxlependent of the thanlable company in accordance with the
ethical requiremenis that are relevant to our a￿1(¢ of Ihe financial statements in the UK. induding Ihe FRC'S Ethi¢al
Standard, and wo have fvlfilled our olher ethical respon$*Jiliiies in xcrydance wlth th0$9 requirements. We belieNE
that1he authl evldence we ha￿ obtained is $ufficient and oppwiate lo pwde a basis for our opiniw.
Concluslons Mlafjng to golng cmctffl
In auditiny thE finan(yal Statements. we hab* ¢onckKled that the INstees' ustr of going ￿ncern basis of
arKounling in the preparati￿ of the financ4al Statem￿ is approwth.
Based on the work we have performed. we have not idenlffj￿d any rnaluial uncertainties relating lo events
conditions thaL indmdualty or colleciiv8ty, may cast s1gnffj￿anI doLknt on th& charitable cfjmp￿Y'S abil￿1 lo continue
as a g￿n9 conc8m foi a P8fiod of at kast tr￿81¥6 monlhs from tAh8n thè ￿anCIal statemonts are authorised for
iS6ue.
Our responsibih'lies and the responsib￿lf￿ of the trustees wilh respecl to going c4xKem are described in t
relevant seclions of this report.
Other Infomiatlon
Thé other inlomigb.on comwses the infwmatw I￿￿19￿ in the wual report olher than ￿ fin￿)01 $tstgrnenls
and our audrtofs report Iheffjon. The Iw$tees a￿ respwsible fw the other infmnation containeil wilhln the annual
report. Our Opini￿ on the financial statements t1oes not cover the other intsmatTh and. except to the extent
otherwise expl￿.￿ stated in our report we do not express any fom of assurance ¢0nc4us￿n thereon. Our
respon$ibilty is to read the other informalion and. in (k*ing so, consider whether the other Mlorrnation is malerialy
inconsistent with Ihe finaroal statemenis or ow knowledge obti*ned in Ihe course ofthe audit, or otherwise appears
lo be malwialty mis$lated. If we id•nlify sl￿ malerial ip£onsisten¢ie$ or appatenl matwial misstatements, we are
qu*ed lo delemiine whether Ihis givès w lo a rnaten.al misststement li thè fin8n¢ial statèmènts thamSèl￿s. If,
based on the work we have perfonned. ￿ corthde that thwe 15 a Materi￿ mi551alement of this other infom)ali)n,
we are requwed to report that fad.
have nothin9 to in Iho rewd.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE WILVERLEY ASSOCIATION
Oplnlon• on oth•r m•ll•rn pm¢rfb•d by the C¢mpanl•s A¢t 20DS
In our opinion. based ￿ the wryk undertaken in the c4)urse of our audit".
th8 inlorfflation given in the tru5tees' report finarbiat year whith the fin8nryal $tsl&ments are
prepared. Indudes th9 di￿aor$. rgport the slratryc reivi prepared ftw the wrpo$es of company
law. 15 corisislenl wth the finanoal Staten￿nIS, and
the stratagic raport and the dw8CtOfS' report in￿Jd￿ fhilhin the trustees. report haN* been prepared In
a￿rda￿e with apWiratile legal ruwllrPm￿ts.
IPatt•rn *)n twhkh ￿ affg r•qulr•d to r•portby •xvWlon
In the light of the knovAedge and undw5tanding of the chaiitable Ca)mp•ny and it$ enwronmgnt obtained in the
urse of tho athlii. w8 have not identified rnat￿al misslalements in the 51rategic report or th& directors. report
inc4uded wthin the tru$tegs' rewrt.
We have nothing lo report in respect of Ihe folkTMng mattws m felatim to wh*h the c￿￿anieS Ad 21KJ6 requires
us lo report to you if. in our opinion=
adequate a0￿unting re￿Id$ havo rh)t b•en kept, or retums adewate for our have not bgon re¢¢vied
from branches not wsited by us." or
the fmancAal statements are not in agreement the acawnung and r￿rns.. or
certain di5dosure$ of INstee$' rwwneration specified by Iw ¥e nol Made.. or
we have not rec41￿￿ ￿1 the informalion arthl rnqun fcff our autht.
R•spon•5bllitl•• of ¢ru•t•••
A8 explained moft lully m the statement ol truslees, respcmsknlrt*s. lh¢ truslees, who are also the (threctors of the
ariiable Company for the pury)ose of eonwany Iww. are wonsibie for the preparation of th8 finanoal statements
aThl for being sathsfied that Ihey gi* a true and fair and for 5uth intwnal contrc4 as tha trustees detemiine is
necassary to enable Ihe preparation of finanoal statements that are free from material misstatement. wh91k￿r due
to fraud or 8rror. In preparing Ihe financia statements, the trustees are responsiblè for assessing 1he ¢haritable
Comp￿15 abilbty to L*)nb"nye as a goin9 Concem. di$dow9. 0$ apFli¢able. rnaiter5 related to going concem and
using the going concem basis of a¢counts"n9 mles$ Ihe IfU$tegs elther intend to liquidate Ihe c*arilable tsjnpany or
to cease opeTation5. or have M realth altemth but to do so.
Audltot• Y•8pon•lbllSth0 lor th• audlt af th• financlal slat•m•nts
Afurther description of our rg¥pon$bilibe$ is on the Finan¢xal Rewting Counal'8 7h*b$rte •L https:11
W1￿.1r¢.0rg.uklaYtht0r5r9$pOn￿bIIitse5. This desupliNI ftyms part of (yjr auditoffs TepNt.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF THE WILVERLEY ASSOCIATION
Ext•nt to whlch the avdlt was conslderld c•pabh of detectlng Irregularltl•8. Includlng frnud
Irregularrties. including fr8ud, are in5tance5 of non-compliance wlh laws and regulations We design procedures in
line wlh our responsibilities, outlined above and on the Fmanual Repothng Counal's websrte. to detect material
misslalemenls in respect of irregu18rrtJes, In￿l￿1r￿j fraud.
We obtain and update our understanding of the entty. ils activrties. ils control environment, and likety future
(levelopments. including in rdalion lo the legal and regulatory framework applicable and how the entity 1$ Complying
with that framework Based on this understanding. we identsfy and assess Ihe risks of malerial misstalemenl of Ihg
financial stalemenls. whether due lo fraud OT erTOf. design and perfofm audrt procedures responsive to those risks,
and obtain audit evidence that is suffiuenl and appropriate lo provide 8 basis for our ow'nion. This includ89
Considerat￿n of the risk of acts by the entty that were contrary lo applicable laws and regulations, including fraud.
In ￿sponse lo the risk of irregulanlies and n0nvtt￿P1jèn¢* with Iwws and regulations, ineluding fraud, we de8i9n8d
procedures whKh induded..
Enquiry of managemenl and those charged with 9ovemance around actual and polentsal liligakn.on and
claims as well as actual. 8u$pectetl and alleged fraLKI,'
RevIe￿n9 rninutes of meetings ol Ihose tharged wlh govemanee.,
Assessing the extent ol compliance wth the laws and regulations considered lo have a th'rect maleriol
effect on the financi81 statements or the operations of the enlty through enquiry and inspection".
Reviewng financial slèlement di8closures and lesling lo supporting dwumenialion to assess compliance
with applicable laws and regulations..
Performing 8udrt work over the risk of man8gement bi85 and ovemde of controls. including testing of
journal entries and other 8diuslments lor appropn"alengss. evaluating the business rationale of significant
transactions outside the normal exjurse of business and revwirp ace￿n￿.ng estimates for indicator8 of
pgtenlial bias.
Becausè ol thè inherent limilalion8 ol an audrt, there is a n¥k thal we will not delect all irTtgularities, induding those
leading lo 4 mater￿1 misslolemenl in the finanual statements or noTrcomplianee wth regulation. This risk
increases the more Ihal c¢)mpliance Mlh a law or regulation is removed Irom the events and tran88Ctions reflected
in the fin8neial statements. as we wll be ￿$S likdy lo bècome aware of inslances of noTreompliance. The rlsk of
nol detecting a malenèl misstatemenl resullin9 from fraud is higher than for one resulting from error, as fraud may
Involve collu￿On, forgery, Intentional OMI￿an$, misfepresentab"on$, or the overnde of Inlemal control.
Us• of our report
This report is made sdely to the ehSrrta￿e company's members. as a boty. in aceordgnce with ChapleT 3 of Part 16
of the Companies Act 20C6. Oui audit work has l)een undertaken so that we might stale lo Ihe charrtatle comp8ny's
members those matters we are required to stale lo them in an audrtofs feport and for no other purpose To th&
fullest exienl permitted by law. V￿ do not accept or assume responsibility lo anyone other than the charitable
company and ts charitable company's member¥ as a body. for our oudrt woth, lor this report. or fof the opinions we
have formed.
Jon Noble ISenSor Statutory Audrtorl
for and on behall ot Azets Audlt Servk•s
Chartered Accountants
Statutory Audltor
Atheni8 House
10-14 Andover Road
nche5ter
Hampshire
Unrted Kingd￿￿
S023 78S
10-

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR TrIE YEAR ENDED 31 IIARCH 2024
uff•nt fln•nGlal y••r
Totsl
Total
funds
X124
l￿d¥
2024
2024
24
2023
Inc•
d•nd
Donalions and lega¢*s
Charitable activiti.es
Inveslmenis
Other inujme
from:
1,871
4276,075
34.631
52.115
6.871
4276,075
34.631
52,115
19,321
4259,849
88.￿3
19.7
Tot•1 Incom•
4.364.692
4,369.692
4.366.￿9
Invèstmènt manag8m8nt costs
9.199
9.199
29.252
Charitable acbvitie$
5.lJ)5,167
5,053.S¥)5
4.773.342
Loss on disposal of ffixed assets
12
48.892
644,009
Total •xp•ndltsJrn
fM3.258
48.738
5.111,9
S.446.603
Net iThxmir#J I loutgjing) resour
1698.5861
(43.738)
1742,304)
{1.079.634)
Nel gainslllosses) on invest￿rtnts 13
107,119
107,119
1243.964)
Not outgolng r••ourcM b•loM
transfe
(591.447)
143.738)
(635.185)
11,323.598)
Gr05$ transfèrs between funds
15,1
N•t mov•m•n¢ In lund#
1586.44n
(48.738)
(835.185)
(1.323.598)
Fund balances at 1 A￿1 2023
2.975,180
515,995
,537 4,051.712
5.375,310
Fund b•l•nc•• •t 31 IA1￿h 2024
2,388,n3
467.2S7
560,537 3.416.527
4.051,712
The statement offinanaal a￿NibeS indudes all gains and kjsses recognisèd Mi the year.
Al irKome and expenditure delive from *bl￿t*s.
The statement of finanual adr¥￿"•S also CLyn￿&S wth the r8quir8ments for an inc(Mne and expenditure account
under the Companiès Act 2006.
11

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
STATEMENT OF FINANCIAL ACTMTIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR fHE YEAR ENDED 31 MARCH 2024
Prforflnan¢l41 y•ar
Unmtrbct•d R••trlcted Endoxrymnt
fund•
funds
fvnd*
2023
2023
2D23
Tot41
2023
•nd
Donations and legacies
Charitsble activities
Investments
Othw income
14.321
4.259.849
68.003
19.796
19,321
4.259.849
68.003
19.796
Total Incoffl•
4.381,
5.000
4,366.969
ndltvrn on:
Investment mgnag8m8nt costs
29.252
29,252
harilablts actiNilies
4.773,342
4.773,342
Loss on disposal offml a5Sèts
12
644,009
Total •xp•ndllur•
5.446.603
5.446.603
Net incomirwJ I IoLttyoingl r850urce5
Net ga￿￿(￿sSes} on inve51ments
(1.084.634)
(243.W)
5.IXJO
1.079,634
(243.964)
13
N•t outgolng mourco• Ixforn tr•n¥fvrn
(1.328.598)
5.0fy)
11,323,598)
Il•t mov•ment In fund•
(1.328.598)
(1,323,598)
Fund balances at 1 Awil 2022
4.303,778
510.995
560.537 S.375.310
Fynd balanc•• •t 31 ￿1th 2023
2.975.180
515.995
560,537 4.051,712
12-

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
BALANCE SHEET
AS AT31 MARCH 2024
2024
21J23
Flxgd aYJets
Tangible assats
Inveslmenl ￿￿opertY
Investments
15
2,103.107
752,180
762,324
1.912,283
712,500
1,509.322
17
3,817.611
4,134.105
Currnnt 4•Mts
D8btors
Cash at bank and in hand
169.888
186.874
285.476
399,P34
472.350
Cr•dltorn: lmounts falllng withln
one year
19
{￿￿.878)
(554.743)
Net ￿rrent liabl￿tieS
(201.1)841
(82.393)
Total a•o•ts ¢urr•nt Il•bMIth•
3.416.527
4.051.712
Capital lund8
Endowment fvnd$. genwal
In¢om• fund•
Restricled funds
reslri
De5vJnated funds
General unres*JKtsd funds
560.537
560.537
21
487.257
515.995
2.481.6
(92,957)
2,316.
6S8.215
2.388.733
2.975.180
3.416.527
4,051,712
The finanrAal stal•ments V•Tre oppro¥ed byth? Trust￿S M .. ..........
aoas.
Mrsc
TN7t•e
combe
Company rngl*rntlon nun*•r 0081711M
13-

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash from operntlng actlvlt
Cash absorbed by operations
1629.039)
1336,6491
In¥￿11￿9 actlvltl
Purchase of tangible fixed assets
Mov&m8nl m investrnents
Investment incame receiwd
(27S.6(KII
814.438
34.631
127.429)
273,145
68.003
Net cash g•noratsd from Inv•*lkng
•ctivitl•s
573.469
313,719
N•t ca•h ￿•d In Iln•n¢lng actSvltl••
N•t d•cre*•• In cash and ¢uh •qulval•nts
(55.570)
(22.930)
Cash and ￿¥h equivalents at LwinniNJ of year
285.476
308,406
Ca•h and ¢a*h •qylvahnts •t •nd of y•ar
229.
285.476
14-

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR TrIE YEAR ENDED 31 MARCH 2024
Ae¢ountlng pollcl•s
Charity infvvmatlo
The Wilverfey Assty)ation is a privat8 o)rnpany lunited by guarantee irKorporated in England and Wales. Thg
registered tsff￿e is Lit￿¢ H8￿rt. B•¥Jh8u Road. Llibdgn Purlieu. Southarnpton. ￿r6et. S045 4JF.
1.1 Ac¢ountlng conv•ntion
The financial statements have be￿ prepaffjd m ¥c*Kdanc* wilh thg tharilable COm￿￿S governing
documenL the Companies Act 21)J6. FRS 102 "The Finnual R•porb'ng s￿dard aFvlicable in the UK and
Repubh'¢ of Ir¢land' fFRS 11rzi and the charli1￿ SORP "Accounb"ng and Reporting by Charities.. Sklemenl
of Re¢ornmend¢d Practicè applicabl8 to chan.ties preparing their ac￿Unts in accordance with the Financial
Reporb'ng Stsndard ap￿iCable in Ihe UK and RepublK of Ireland IFRS 102)" (effective 1 January 20191. The
thaTitable rompany is a Pubhc eenefft Entty a$ defned by FRS 102.
The finanoal $tatem8nls are wepared n stwlTr3. T*IMch is the fundv)nal ¢uffgncy of the thanlab18 company.
Monot¥y amounts in thesfj ffinancMI We rthjnded to the rnwe8t £.
The ffinancial statements been prepwed un* ￿ hislorica t￿t (>Jnvertion. modif￿d to inciLwJ? thF
revaluation of investment pffjpert￿ and ¢wl•n ffflarKial inslnffi•nts ai faw value. The prfncipal aco)untirwJ
polioes ath)pled are set out below.
12 Golng ¢on¢•m
Al Ihe ttime of aFvoying the financi￿ SL*effl￿. Ihe Iruslees a r•¥wabl• •xp•ctatK>n that the
charitable company has adequate reSou￿e5 lo o)nb"nue in operational existence for Ih? bwsèèable fulurg. In
maklng thls assessment the truste&s have taken ol improved trathng perforne* 5in¢e the year end,
the sale ol the investment pmp•rty and ongoing cost C￿trOl measure5. Thjs the Iwslees c•ntts)ue to adopt
the going concern of acwil#yJ li wyvig tho staiefflents.
1.3 Charlt*blo fund•
unresth.cled flmds availab￿ use * the (ths(¥etion of thè trugtees in f￿ra￿e of thew charitabl•
objectives.
Desiyn¥led ftmds comprise funds ¥rt*L* been set asmlé ai the dis(¥etion of the tn*te•s *)r s￿c￿l0
purposes. Th8 purFoses and uses of the desvJnated fvnds are set out in the note5 to the finanri?15talpmont$.
Restricted are subject to sp¢ofic cond￿n$ by doMYs as to they may be used. The purpos•s and
uses ofthe restiicled fuNts are set out In thg notes to Ihe fYwKial slaternents.
Endowmenl fundB are 5ubJ"e(a to spoofK by donor¥ that the Cap￿al rnust be maintained by the
tharilable ccryany.
1.4 InEoffl•
Income is re￿gnIsed when Ihe ¢h8ritsb18 camnpany is ￿alY entitled lo it after any performance conditions
have been mel, the arnounls w be m&asutsd relkatAy. and il is probablg that incorne will be rerEived.
Fee incorne 15 ￿COgnIse(j M) the Ihe ser¥v is WO¥Kl•d.
Income frorn government and othw grnnts ts re¢w)Ised at far value when Ihe tharity has entillemenl aftgr
any performance 0)nd￿"on5 have been meL il is prob8t4• that incA)me wim be recerved, and the amount
can be measLwed reliabty. If entitlernenl is not met, these amounts d8f8rrèd. Incomè received during the
year relating to graits wholy cowww¥J pon￿lS after year end is hehl as O&ferf$d inc¢)me.
15-

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2024
Accountlng pollcl•s
IContlnu•dl
1.S Exp•ndltur•
Expgndrtuve is recognised crfKe there is a legal or constwcbve obligalion to transfer eccfflomic benefit lo a
third paty. il is probable that a transfer of economic benefiis will be required in setlement. and the amount ol
lh& obligation ¢an be m•a$ured r8lablrf.
Expendrture is da5Stfied by acbmty. The costs of each actswty we made up of the tot¥1 of direct CQSt5 and
shared ¢))sls. induding support costs invohed in undertaking oath aclfvity. Direct C￿￿15 attrtjutatle lo a single
actmty ar8 allocat8d directly to that acbvity. Shar8d costs which contribule to m(Ke than one aclmly and
supporl costs wlwch are not attributable lo a sin919 acbvty arg apportioned belween those 4ctMties on a basts
nsislent with the use of resources. Cenlral stsff ￿ ¥e alkxaled on tho basis of time spenl, and
depre&at￿n dMrg&s are abx*ed port￿ ofthe asset's L4Se.
1.6 T•nylble fix•d #u•ts
Tanglble fwd ass•ts ar• iritiaty musured •t rJ)st, n•t ol*•¢oliM and ￿ impaKm8nt losses.
Depreciation is rec4wisad so as lo off th• ￿st or valuat￿ ol assèts l•ss their r8sidual values ov8r the
useful li￿5 on th• fokn¥ing bas•s:
Freehohl land and tr￿lldtngs
Fixlurgs and
line bas1$ between 4 200 ￿arS
Strw line bgtwggn 3 and 10 yea¥¥
The gain or loss arising on tha disposal of an asset vs d8t8rrnined as tho difference between the sale proceeds
and the Carrylng value of the assel. and is r8cognise(I wi ￿ statgirnnl off￿anCial a(livilies.
1.7 In¥•$tm•nt prr*p•ty
Inves1ment propety. whith is prowty held to eam renlals for cawtal •ppfyfy8liort. is initialy
recogThsed at cost, whith indudes the purchase o)st and any direclty attr￿ulabI8 expenditure. Subsequenuy
it is mèasured at lair vak* at th• r•porting •rrtl date. $yWus or d•fKiI on rBVakA1￿Tr is recognised in
PTofft or lo55.
1.8 Flx•d a8••t IntM•tsThnts
Fixed asset investsnents are wil￿alY measured at trans¥kn exdLHling ￿saCtIon ¢o$l$. and are
subsequenlly measurad at fail v*e at each rep(*try date. Chang8s in fair valuo are Tecogni58d in net
in¢omel(expanditur•l lor th• y•ar. Trnnsacbon costs are exp8ns•d as ineurred.
1.9 Impalmient offlxed amots
At ea¢h reportmg end date, the ¢h¥ilth pynpany miw•s thg Cwryiry ￿￿)unt$ of ts tangible assets lo
detemine whether thore is any rticatKJn that those assets have $uffered an impairmgnl b)ss. If any such
indication exists, the reo)vernble amount of the asset is estwnaled in order lo delem)kne the exlwl of the
irnpairment loss (If any).
1.10 Ca•h and ￿•h •quival¢nts
Cash and •quNalèrtts intlLtde cash wi hand. hthl at cau wth banks. otr*r $hort4gmi Ilquid
investments wth original maluTities of three months or bess. and bank overdTaft5.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2024
A¢countSng polkS•¥
(Contlnu•dl
1.11 Flnanclal Instrum•nts
The tharitable company has elected to 74yly the p￿slOn$ of Section 11 '8asic Financial Instnmi&rtts' and
Sedion 12 '0ther Finan(ial Instruments Issues of FRS 102 to al of ts financial inslwmenls.
Finanaal in81ruments are reo)wised in the Charilab￿ ¢orhynls baknc¢ sh88t wh•n thg ¢lwitablg company
becomes party lo the ccffltradual vfthe vwtrurrRnL
Financial assets liatilties are offset. with the net presented in the finamal $talements. when
Ihgre 1$ alggalty gnforwble ii9ht to set off the Tecognised amounts aThJ Ihere 15 an ￿tention lo sdtle on a net
basi$ or lo realise Ihe asset aNJ s8tt1& the Iwbdity simuhaneou51y.
sk fftMncW •tsets
Basic finanaal assets, whth indude debtrys arnl cash and bank bal￿. arg iirflally m¢a$uTod at
tran5adion price indu(*ng tran5&aion o)sts and are subsequenttry carried at amortised cost using the effo￿1Ve
interest method unless the arrwwJemenl con￿1￿J1eS a financing Iransadion. where the transaclion is
measured al the presenl value of the ftrture receipis discounted al a ffia￿et rate of interèst. Finanoal ag8ets
dassrfiod as re¢elvablg within ono year are notamrts'sed.
Iln•n¢W li*bllill•s
Basic ffinancwl liabilitie5. ￿￿ding ¢redrtors are fg¢ognlwl at IransactKJn price wle55 the
arrangement ￿Stit￿leS a financing transadion. where Ihe debt instrument 1$ measured al the present value
f the future payments disco￿ted at a maFket rate of HilwesL F¥)wcid I[kn&.￿S dassified gs payabl& with
one year are nol amortised.
Trade craditors ar8 obligalKTh to pay for senrrtes that been acquired in the ordinary ¢))urse of
operations from T￿PPlIer5. Amount$ p￿b￿ arg da$$ffied a$ ￿rront liabl￿e$ rf payment is due within one
year or 11 not. they are presented as Th)n¥currenl labilrt*s. Trade crgditors are re￿gnISed irfitially al
transaction piice WKI Bub5equeth The￿wed at amth.sed ¢osl uslng effecth* interest methTrJ.
Financkil liabilities are der8cognised when the rtharitaile contra¢Aual ob19a￿n$ expire or are
di$¢harggd ￿ ¢arKelied.
1.12 T*xation
The charitabl• company i% exampt from corporakn lax on its dwi'table adr¥ities
1.13 Employ•• b•n•fft•
The cost of any unused holijay enbllanent Is re¢ogThsed in tha pwiod in whKh th8 empk>yee's swvices are
r¢eei¥ed.
Temiination b8nefrts are reccwised Immedkthty as an expense Wh￿ the charrtable company is
demonslrabty commrtted to temiinale the fjmpknymw￿ ofan empwe or to provTrde le￿InatiC￿ beneffts.
1.14 R•tir•m•nt b•n•fft8
Payments to defined conlribubon retremertt bMeffit s¢hamtt ar• charg8d as an expansg as they fall du8.
17-

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2024
crf11￿1 a¢counllng Mttmt•¥ and ludg•nwnts
In the application of the d￿ritable ￿Inpan￿3 accwntiNJ p)kies, the In￿18¢5 are required lo make
judgements. estimates and assumplNJns aboul the caNyiig armunt of assets and labililies thai are not readily
apparont from other sources. The esbmales aThJ asstic4aled 4sswnptson$ art based on hislorul 8xpéTienca
and other fa(Ifxs thal we omsttlered to be relevant Aclu￿ resutts may differ from these esb"mates.
The esiimates and ￿dert￿Ing a8swnplityw we reviwèd on an ongting ba*s. Revisions lo accounling
estimates are recognised In Ihe peiirA in wh¥* the e5brnate is w5ed whère Ihe rewsion affects only that
period. or in Ihe pwiod of the revision fubjre period5 wheTe the reM5ion ahcls both current and futyre
periods.

11 i- yi

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Ch•rltsble wctivl¢l
Unmlrf¢tsd Unr•$lrlctod
funds
fundB
2024
2023
Residential Fees
Nurgng Fees
Respite and Reabtement Fees
2.891.986 3.187.891
1,351,484 1,038,993
32.605
32.965
4.276,075 4.259.849
Invejtmnts
Unr••trict•d Unrn•trictsd
fthd•
funds
2023
Rental ￿cOMe
In￿me from listed ￿vestme￿$
Int￿•s1 recthvaLqe
11,874
56,129
228
34.631
68,003
Other Income
Unrn$twl¢t•d Unreslricted
fund•
fund5
2024
2023
Hampshlre County Counral Covid Granl
Other Income
2.318
17.478
52,115
52.115
19.796

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR ThIE YEAR ENDED 31 MARCH 2024
InV￿(Ment management ¢o•ts
Unve*trkknd UNestrided
fund•
funds
2024
2023
Investment rnwagem￿t fees
9,199
29.252
9,199
29.252
Charltable a¢tlvlll•s
Prnfl•lon of Provl•lon of
¢ar• hom￿ car• hom•$
2024
2023
Slaff co$1¥
Deprguation and impainn9nl
Re%dential and nursing car8
Catering
Pfemises expenses
Genernl Nnnirwj costs
3.801,781 3,488.935
35,883
20,283
53.422
187,321
470.612
291,346
193.192
525.032
3S6.833
4.759.683 4.491.919
Support costs {see nole 91
Govgrna￿ costs (￿e note 9
270.722
23.500
283.923
17.500
5,053.905 4.773.342
Analy¥l• by fvnd
Unrestricted ftmds
Restricted funds
5.005.167 4.773.342
48.738
5.053,905 4.773.342
-21-

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2024
Support co•ts
2024
Support Go¥•mAn¢•
co•ts
2023
Go*1•
Legal and prOf￿81¢y191
fees
Contractor c￿15
17.8
251027
17.695
253.027
52.033
211.89)
52.033
211,890
Audil fees
23,5LXI
17,
17,500
270.722
23S(K) 294222 283.923
17,
281,423
10 TN•ts•
Payments lotalwvj £nl (2023: £nll) Were made on bahalfoflNst••s in re￿￿0￿ lo CRB c￿Ck$.
11 Efflploy••s
The average ￿￿thty number crf empknyths dunng the ywwas.
2024
Mumbor
2023
Nwmber
116
Employm•Tht costs
2D24
21123
Wages and salaries
Social security cos15
Olhpr pension costs
3.376,447
184,720
40.614
3.244.310
197,106
47,519
3.&]1.781
3,488,935
In￿ded above are agency ￿sts 01£1.197.15S12023A891.484)
The kgy manag9rnent pw5￿n￿ ofts dwrity cornprise the senior management tearn. The total employee
benefits, comk¥ising salary and pens•)n ￿￿In'bUt1￿$ ol Ihe key management personnel olthe charity were
£379,785 (21Y23.. £384.4031.
The number of empbyee5 t#h￿se annual remuneration was n￿1• than £60.000
is as follows..
2024
Number
2023
Numb•r
£70.001- £80.LM)J
The aC1￿j CEO who was not an WTWoyee earnt ￿uneration ofE191.980 (2023: £145.1451 the year.

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Lo•• on diipoMI of fix￿ a•••ts
Unrnstri¢t•d Unmtrl¢t•d
funds
funds
2124
2023
Net loss ￿ disposal of tanglle fixed a5sels
48.892
844,009
Following a review of the asset ￿gIster during Ihe year. fixed assets of 8 nel book ¥0￿¢ of £48.892
(2023.. £644.LKJ91 We￿ written off to rel￿￿ assets d¥￿Se￿ of orth) W)nger wi use.
13 Net galMllloMMI on Inv•strrnnts
Unrn•trlcl•d Unr••lrfct•d
luDds
funds
2024
2023
Revaluatson of ￿veS￿ne￿IS (note ln
Revaluation of in¥e$tmenl (note 16)
70.919
1106.4641
36,21JO (137.5001
107,119
(243,9641
14 Tax*tlon
The thanty is exempt fr¢¥n lax and g*ns fdlng ¥￿in sett￿￿n 505 ofthe TaxesA¢X 1988 or section
252 of th• Taxath)n of Chary8aL4e Gain5AL* 1992 tr> th• exienl thatlhese aTO applied to its chaiitabbe objects.
-23-

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONnNUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Tanglbl• Ilx•d a•wts
Frg•hobJ FIAlum •
bd IArllrflng•
Totsl
Al 1 April 2023
AdditiLmS
DBposals
2.235.484
816.141
137.932
199,559
15.991) {114,2361
2,851.825
337.491
1120.22n
Al 31 Marth 2024
2.367,425
701,464
3.CW,889
l>epv•ciatlon and imp¥irment
At 1 Apr￿ 2023
Dyaation tharged in tho year
Ellminated in respe¢* ol dispos81$
333,947
605.395
107,940
38,727
(5,991) 1114,2361
939,342
146,667
{120.2271
At 31 Marth 2024
435.8￿ 529,888
965,782
Carrylng amount
Al 31 March 2024
1.931.529
171.578
2.103.107
At 31 March 2023
1.9)1.537
10.746
1,912.283
18 InvMkn•nt prop•rty
2024
Falr v*lu•
At 1 April 2023
Nel 9gins or losses thmugh fair ¥ahJe adw6tment5
Olher changes
712,500
36,200
3,480
At 31 Mai¢h 2024
752.180
Th• fair walu8 of the investment property has been aNi¥e(l at ￿ the basi% of the expected sale price as
•d¥i8ed by ind8pwwJ¢nl third paty e$tatg *¥nts.
-24_

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR ThIE YEAR ENDED 31 AIARCH 2024
17 F5x•d M••t in¥ttkn•nl•
LiBt•d
Cash
To¢01
Cost or Valua￿0￿
Al 1 April 2023
AdditiMs
valuab.on changes
Investmenl management fees
Cash withdrawn
Proceeds from sale ol sharns
th￿￿8nd inc¥)me
1.474,848
34,476
(309,0951
1.509.322
70,919
70.919
(9,1991
(843,121)
19,199)
(843,121)
1,102.826
34.403
{1.102.826)
34.403
At 31 Marth W24
752.034
10.290
762.324
fArrylng amount
Al 31 March 2024
752.034
10.290
762,324
At 31 March 2023
1.474.846
34.476
1,509,322
18 D•btorn
2024
2023
Amounts falllng du• ¥Athln on• y•ar
Trade dobtors
Cther deblors
Prepaymerts and awued in¢
142,057
6.184
21.647
168.733
18.141
169.888
186.874
19 Crndltorn: amounts f*lity du• }￿In ono y•4r
2024
2023
Othw laxalion a￿1 security
Trade creth.lors
Olhèr creditors
Accruals d8fefred income
49.865
418.082
34.171
368.614
42,630
109.128
77.535
6W,878
$54,743

8%
a j
Ui)UffjZffj

lx
¢00
¢0 •4
r In ro

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2024
D￿19n•t•d fvndty
The income lunds of the chanty Ind￿je the foknng desvJnatsd f￿￿$ ￿1¢h have been set a$*le out of
unrestricled funds by the Imstees for speofK wt*)ses."
ii•l•n¢•
1 *yll 2022
B•l•nu•i
31 •A•Tch 2024
1 A￿1 2023 •Mp￿d•d
Property and equlpmenl
fund
F￿ subsitty r•swv
Repairs and improvement
nd
1,988.609 (636.863) 1.351.746
915.219
915.219
190.824 1.542.570
915.219
(26.099)
23,901
2,953,828
1636,863) 2,316.*5
(26,099)
190,824 2.481.690
The property aThJ eqwpmenl fund represents the nel book value of the laThJible fixed asgets held for
charitsble purposes less the am￿jnI ffinanced by e￿lowed funds. sin￿ Ihis fund represents existing fixed
osset$ (mainly builthngsl. it fannot ￿ CA)n¥0￿ •asily into cash and th•r•fcrfe rannol be used lo fund other
The Fee Subsidy R•sep** has b•efi sèt up to pro¥Kle forfijnds lo awst residènts who ar• unabl• to m•81 th8
fijll cost of the fees.
The rgpair and W￿r0¥¢ments ILmd represents sgt aside by the tr￿lee5 tcrwards the fmance of
spgcial mainlenanco work ￿ tdanned rnaiw wnpn)veTrEnts to fa¢lit￿.

111-
(ry
InrOO¥
ow)￿0
oo*

THE WILVERLEY ASSOCIATION
TRADING AS EVERWOOD CARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR TrIE YEAR ENDED 31 MARCH 2024
24 Op•ratlng l•a$• cornmltm•nts
Al the rep￿ end date the rjwitth company h•J cKJtstsndry commilmenls kn fulure minlmum lease
payments L￿der nOn-can￿lIable opernth.ng ￿ase$. wlM"¢h fal due as folows..
2024
2023
Dne year
Between two wd fve yea
15,221
18,834
1&797
26.710
34,055
45,507
R•latsd p•rty tran•xtlon•
There were no dis¢losable related party Iransa(aNJn5 in the wior year. Durin9 t1￿ yw payments of £61.048
were made lo Rhys Petterson who wa5 ¥yointed a Iwslee on 15K)&21r24. Of the £61,048 paKI In the year,
£4.256 was paid after b￿ng apFKJinted a Iruste•.
26 fA•h ggMr•t•d from op•r•thJn•
2024
21123
D8fi¢xt for the yaar
1635.185> 11,323.598)
Adjuslmenls ftr.
Inv8Stment inc￿* reeognised in Sta1•n￿nI offin•Kial acknvil
L¢)s$ on disposal ol tangitAe fwd assgt$
Fair Value gains and Ios8e8 cffl investment
Fair value gains and losses cffl investments
Deprei>alion aThJ wnpairment of taThible fwl assets
134,631)
48.892
136.200)
(70.919)
35.883
{6B.003)
644,009
137,SOO
106,463
20,283
Movements in Wofking capit*..
Oecreasellincreas81 in debtors
Increase in crethlcrfs
16.986
46.135
(36,1081
182,805
Ca•h ab•orb•d by op•rntlon•
(629,039)
1336,6491