Charfty rnqknlntlon numb•r 237•11 Cpmp•ny r•gI$tIon numb•r #171•4 IEngland and Wahsl THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE WILVERLEY ASSOCIATION TrADING AS EVERWOOD CARE CHARITY LEGAL AND ADMINISTRATIVE INFI)RMATION Tru•t• Mrn R IA Delaco MrGBSmth MrMRCFJoiies Mr R Pèttetson Mi J Hlcks Mrn C Blddlecunbe IpoInted 15101r202SI (Appolnted 1EJ01r20251 IRe4pOnted IM)8r20241 IRe8lgn•d 13KW20241 Ch•iity numbfrr 237911 Qonwny Nimb•r 00817104 R•g18tsr•d offl Little Haven Beaullau Road DIbd Purfi¢u Southampim H•nwshlr8 Unltsd Kingdom S045 4JF Audltor AzetsAudil Ser¥ices Third Floor, Gknmy Hous• ToUGale Ch8nd1 Fryd Hwmpshir• United Kingdtyn S053 3TG Soll¢ltor• Trethow•n$ LLP The P1 Bolleiah Gfg• Bu8ine88 Park Hadga End Southamplon uted Klngdom S030 IAF CAF Bank Linited 25 KlnBs Him Avenue Wésl MaliNJ Kent Unitsl Iwigdom MEI94JQ th¥WtMontAdvOrt Brewln DphIn Vontsge Point Woodw8tsr Pork Pyno8 Hill Exèt Urat•d Klngdorn EX25FD LW$ TSB 25 Grèsharn Streel London Unliod 9>M EC2V 7HN
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARI GONTENT8 Page Truste¢s' wptyt Stalèmofttoftrusleo$' Ind•p8ntJent 8wlltrf$ report 8-10 St•lem•ntofffinoncW ac11e5 11.12 Balanc• ghe•t f3 stst¢ment ofeash ftows 14 Notes to th9 th3nclal s¢alem8nl8 15-29
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI FOR TrIE YEAR ENDED 31 MARCH 202$ Tho Intst•e8. who Ar• dir•clors the purwJ898 of company Lqw. present the annual report logeth•r with th• rinanLyal 8tat•m•nt¥ au(litor¥' report of rthsrilablo ¢PanY Iha year ended 31 IAgrch 2025. The fjnpndol $latemenl¥ boeft ry•p&r h) •ctordanee the 8ccounllng pclides set oul kn note I to the rmancial st¥tements and COmY wllh the charrtatde o)mpaThy's Artides ofABSodaiion, the compan Act and "Accounlng and Rtrportlng by Charibes.. Staternent ol Recommendod Pracce appIab lo Charrt weparlng ih aUnty In acrAtrdance wlth the FlnwcK41 Rèporthg Standard applirabk in the UK a1 Repu ol Ireland IFRS 102)" loffed¥g 1 Jar 2019). ObCtIv•S and ¢dvltl The Chorftys purpo80. as sg1 out th• obJ8CtB cknu8e corlaknod kn Its 4rlk ol a8to¢lat)n, 18: 'To womote tho rofwfo(tho dertY....1Th a fflannor vhh 1$ d••m•d by l• lo be (thiribbw. Our r8sld•n(8 and thr famlligs are central to ¢)ui organi8•tion. Th•ir and aspilIorffj m81 by 8 mmrtted. prof8sOnal and re8pactlul core team. R•sld8nts' Individlty Jnd indBpeTrJence is #Etivety womolod and Ihgir o)Trlilbub¢n lo eomrnunNy Inthm•nt •nc4ur¥1J. The Charfty's ah is lo pro¥yde hioh qualty GVO for th080W need Var levels al sUPPOrt to astsist th¢m wlth Iheir d8y.lo.day aGIMtiei. Obhctfv•B •tr•tsgl•• #nd a¢tlvlll•• Occupancy To malrt8ln a hlgh ièv•l of Ocpan. To bo Ihg r•sldentlal and nurGlng homgs of tholc8 the Ic¢ vJmmunrty and lh• rAI h•allh twst. N•l•nal Il¥ing way• To keep our EmplDyeB8 above or in Ilne wlth the Nal¢nal Litin9 Ihtsgè. To moniior &'¥lng wage In¢rga$g8 and •nsure that Employees I ld apwoprialoly. Invmtyngnt P•rfornianc• To 9er8t¢ • r•$&*¢tablè l•¥d ol r•tum It)V8slrneftti. In¥• kn ie¢tor8 thai are rrdk èvor8e generatè an above 8v$rnge of rewm. io S a teduclh)n the stsff tumovw. To bo lh• destlTrats"on ol¢hwe ts nurnln9 staff. gnd c4r• and domestic 8s•Btants, Go•tControl To 8•e continued cost n1rd ar¥g5¥ th• Organis•On. To continvg devoloping and adherlng to financial ond prrA8dure6 kn ensur6 Costs are akn4 mlnlmol to provide i 8tsndard ofcare.
THE LVERLEy ASSOCIATION TRADING AS EVERWOOD CARE CHARITY TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 G•n•rtl Thè Chaiity operates two Ressd8Ntal Ho4rMond Brookgthurnl. a)d LIiVe Haven, In Dlbjen Purllau, Hampshire. Each of the Charlws c&r• hom•s off•rs r8dIntl. panyliv•. F•5pitti. ¢nle1cnI •rKI rfrenabl8m8nt care lor the 4er(y. moaand l•lanoT 60 ofvrs Dementia cwe. If the ed orlses. a g0am15 transfer throuoh thege stalles of care Lyn be afxompShed.Lll11e Haven ha¥ a dedicated Actviilie$ coordlnatr, ensure th M•Jèn15 0njoy a dlvorsfj and Slirnulaling rarpaB vldally as qzZes, 9enll• orcIs0 cK¥688s. thd 8vonl8 and mvals, nks ptrts, excthions, films. arrtl olhererrtertainmerkn aswell a8 aee•8S to ccryut•rs and Ihtt int•m•t. sttors aro aayS C7)me, and ¥ohJnt8ers. farnfjl and ffiend6 are encouraged to partle4)ats in the d•ly aCtit of the home. on S(gnifnI OCra0 $u¢h 8$ rthdayS and annlversarie$. Resid1$, gugth rnhidi acrommodated for mealu aTvJ are wdrnme to1 ?lent$ in a of lea or wffee at any time. Fk•rtland M•nor18 • 40 bod r¢8ldenl81 carn hom• sat ¢kn)o tr the nts¢ of Ihe New Forest bltlape ol BloCkhl with lo tho iocal shops and lec•s. Tho home offors $perAa1119d d9mgrf0 ¢ar•, AJI be¢JTODmB have en8urfe bathroorn or 8how8r faclli118s and thorn is a COMMU lounge. 61tnroom. dlniTr3 room, ac411 room and b•auty Salrm. Tho hcffi• has bertÉfiJl rnature garde for r•sidents to enjoy In a Iqlax¢d and Mmlorti)o n¥ironmènl. Llltlo Havart 114 41 bthj rnBtdenlid earn horno and Nkno c¥rg horne whhln an easy walk thè Vilage 8howJ in Dibd8n Purfi•u and is thin eb5è r¢a¢h of Hyth¢. AJI bedrocffi$ havt •$119 tollet facthlio5 with t a¢lthlion81 benefft of gwden wew8. There 18 a commungl kjunge. 411nirvJ 1047m Mth cth. aLvltl85 Toom. bw. mov room & haw&•sftg salon. Thg hom•. whS¢h 1$ M9ThJty and r•l8x•d, i• $•t in malur• gard•n6 offerfng levFI watks. 9ard•n bed8 and comforith6 s&atkng ar•a8. At bolh hom8s G81ering ond hou8okwping loams wjvide lull $¥Thi¢95. whilBI and laundry ladlitl¢$ we muirrtainad far our mrye ndepend r•sid•nts. Ridn th008e to •njoy rneals in lh• MI¥¢ atmoS)ere of dining room or in the Prtya ol IhBlr own roorn. Our Beasonal manus and popular themed evw)t8 provid& an opportunty for wdents to sociaitae. The Chef #l ¢•th home m8ets with eath r88idont to thscuss Iheir dietsry prefer8nc08 OT special roguir8ments. 8¢TageS and snackB avAd•ble 24 houf8 o day. Lo1 GP$ •nd our Oni$ •r• held lo a wide Tanye of Iwsted cJJrnmunrty serbrf¢e6, IndIng Oakhoven Hospke. Residents also have arxes5 lo Ihe seNces of a dentisl, chlropodlsl, 8Th1 hAirdNsw. 80th horn off¢r Indivldual care provK by ded1¢ad and wutesslonal loarns. Pubk b•n•fftt Our core home charty lor eklefly pewe is d•dlcal8d to provldlno a sal•, nurturlng. and suppo¥1 erNironment for our Msmlenls. Thr¢vgh wr mmItMnI to excd1) Ni ¢re. stiive lo enhance the qvality ol Ilf ft+r everyone under our ca. Our 5ervKe8 not only Tn•ot the physical and modieal na8ds of our ro8ident8 bul Bts promote inteTactlon. m•ntrl IMlOn. ernotional We bellovo Ihat every elderly Ferson deserrts to liTr&t with d3rity and r¢sped, and our ¢hity i¥ dedAld lo pholding the60 valu96. By fosterinu. a tense ol bdonqing, we to ujmbal IDns$ 8n i8olaUon amry the elderty popuL8lion. Our dedK•ted 51811 rnember8 vKI lireles6ty lo ensura that each r•8id•nt TeCWVeS porsonalls•d care and att8ntlon talore¢ 1h•ir nkiue n80(1s. Through our tharSiab* effcfti. w• s•8k to mak¢ a ImpaGI on th• li5 of eldwly indNidual$ In our community. #re CDrnfflittod to Imn¥par¥w. ac¢oLrtablh'ty.' aNI ClInU0V8 Improvtmefil in all aspecis of our op•rations.
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT> (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Soclal Inve•lrn•n¢ poU¢l•• We 418 commrtted to makin9 a pO$Iti so¢io1 tsMpa¢t throu9h our invoslm•nls a1 inllalve$. l)81 irt thé powér olsocial investment ta cte8te l•siing ch8n9tr #nd hprove ttrLe I08 of Ihosg we seryo. Ttrmuoh str•t¢gk Inve$lmortB n our care home f3Irtie8, programB. and Ser8. we alm to •nharKF th¢ qualiiy of Irf• for our re$KIwbts oThJ trib(a 10 tho w•ll.b•inp of Ihe eldwty PDpu&K>n Sn our wmrNnity. ln additson lo ¢or• $•rvic8s. we are proud io offw three bBnp¥oknt TrdS fDr in¢l¥SJuals in need of support wrth thetr fees. Th&Èè provide fin8ndal a$$islane8 10 old•dy p8cySe hcing hard6hlp or untsewen c4rM$1•nCQs. en$urkn9 that Ihey have acc8s5 to thè care and wpport th¢y require. 8y InvesNn in tP45 Ind, we are atle io exteThJ cojr and he those who may not 01he to Ihg Ilw noed. To be dl9lblg for con6iderakn for OSB16tan¢e residgnt5 mu# ha beèn roGhJonl In ellhgr Heartland Manor of UtU• H#n for al 8913 years and havo sought •sii¥l•n¢e from olher chwlty organlsalbns. A¥ incomo o$uI)ed to thfj bonwdonl lunrfs a38•ts is Ilmitad. Ihe twstee$ have set a weokly luril lor 0¥81•1. whlth 18 1 uTrJer review. Our sorial in¥e5tmeHt str31ogy l¥ guldod by our commilmonl lo IransparerKy, ao>)untabiMy. aThl •thkAJ st8ward6htp ol fesovre28. We conlinuou¥ty ev#lu•te th8 Impact ofow kweslments to ensure thai th #llgn wlh our mis.0Th and values, fhrough our ¢ffortG. W• 88ok to croat• a mom 1rrtlus and (¥jnwaS•natO 8ocAety whtro •ldorfy indNidual8 ar• valu•d wpptsrted. U•• of volunt•Orn g Th W1Y AsIoraa0n ffrading as E%Thvood Caro Ch)rftyl has not rnntly bor frorn inpul of voluritwTr. other than the tru$leM, to thè axtanl tt would Idaalty 4k•. 11 Is gTatglul lo all the vkno ¥oluntarlly give the valua9 Ilm• lo énsur• IhAI seN¥ and A.1101 ar8 ddwèra¢l lo lh8 hlghesi FO86ible $thndafd,
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Strnt•gl¢ r•port Th# trustee$, wh ar• dir¢iors forthg Purpo of law. pruent the strattyle r•port forlhe ywr endwl 31 March 2025. In with 8414C of the Cornpini•BAct 2006. Flnanclal Mvl•w Financial rn8ult8 for th• y8ar •ndad 31 M¥ch 2025 om lhn In tho stai•m8nt of Ihanclal acllwtlo¥ on page 1110 12 wllh Ihe a8¢19¢ed 8s5•1B and liabifilies 8¢¢ out in thg bala Jhgel oft page 13. Thé stalomtt d ¢gsh lthvs lor the year IB on PAge 14. Supwtrn9 notoj to Ihp awounls ar• on pag¢4 15 to 28 aTrJ addltlonol Inlormatbn to Support the Ihe mwn 6laternent&. Tclal incorning rgwur¢g$ for tho year £4,620,3(2O24.' £4.369.892). re•oUrl expended wer& £4.425,482 P024.. £5,111,B4W and the juluS forthe rWaS £88.88712tr24'. dJ(al £635,185) Poll¢y on Ms•r¥•• Fr•8 R•60 avallbh lor usg by Ih9 Charfty wo d•em•d to be tho¥? that arè re#dily raafosablè, l•s$ ftJnd$ ¥th03è Use is restrthd or daswnoled IOT pwticullr pu0$?9. Thus, the rAIlson cl Fr•• Reserv9& exdud96 property and other fixed a$$ets th4t conlviu• to b• us8(I In th• day-ltrd8y operauon of Iho Cty and in particuLgr the buildSng9 ugod by H•8rtl•nd M8nor and Littl• Pla. A8 a rnaiièr of p. th truitee# reaartY reytewth value of th¢ r•gem> requirad to h h•ld In iThv•4lm8nls. $h and $h wulvglwf$ not ro$1iided to or deslgnatod lor any partlcular purpose. Id&ally Iho tfu£l8eB b4levp that General Re$erYe equivalent to 3 month$. rK)rn181 ¢harllobb expenditure 1$ needed to providè ad4ut• wofving capttal. Ic cr•at9 a buff¢r ¢a5p of a suddgn T•duction In r8&ld8nt number8 and to Slknw for fluct110n$ In nvè51m?nt r¢lurn. On 31 March 202S the Ganernl reBery were p051tlYa £30,495 12024 .' neg•bve £92,957). Tho Trustè•È ¢ontlnu• to the 4chievgbllSty of th• obj8Ct agalnsl the contOXt of InSting in th6 8Nionmonl •a¢h home off•r8 to tts fsld•nts. In addltlon tho dmrlty has de$yn•tod ftd$ of £2.513,681 (2024: £2,481,680). Proppty Equipment Fund of £1.574.581 12024.. £1.$42.5nii the net book value of Ilxèd OMiei8, whkh tsn purcasod wilh unT•i¢t?d fundi. Tbh SerVe is bcked Into ¥ae of thè trlo hom•s and thair Orat•d fixlurej and fittirvJs and the value can bè rg1oas8d only ff one or both ol tha homes were sold. The Repalrs Improvemgnt Fund 01 É23,>D1 12024: £23,901) ig hekl to lund mr rep•lrs. trnpr0Wm and renewbL810 thè estate$ •1 Hurf•rwJ Manor and LiWe Hoven. The Fees Sub$Kly R88onM of £915,219 P024.' £915,219) 18 A sum Jet a¥wh from leg•cie¥ t'o provSde the or ASSOCtIOn BenavoTrI Fund (WABF) wilh a pital basè (togelhw wilh wstrlrted flsnds with th• sam alms) from whl¢h lo eam Inlère81 alowing small weeY gran18 tD b• m•d• to help support any long t•mi rniidnt who would otheN80 negd to rn0 home bocause ¢f tslr rèducod finarriql CIrmEt4n¢0$, The trustee6 wll manage rssm lo balance 8upportirtg fiftanaally disadv•ntsg•d rnsid•nts with th• nwd io m•k• improvom•nl• lo th8 horn98. 1n¥tM¥nt pollry and obJ•ctlv Th6 Iru8tee$ would idealty k9 lo 880 a 4% rnlwn on lh• inve8lm•nt8. kn light of rIen1 m91* ¢4nditi¢Jng and a 'balane4d" risk p)rtlolhi, ai adw$8d by TWA'S investmenl ¥dviB•rs.
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI (CONTINUED) FQR THE YEAR ENDED 31 MARCH 2025 PrI1P vl•k• •nd unc•rtalnll•• Rl•k m•nap•m•nt As a carn h)me thaiity ledi¢oted lo qu81ty care for eld&ty IndMdual$. we r8¢ryJnlso irwtanco of IdentifylNJ and m89thg rksks to en$ the saf¢ty arkl wo11olng of our resKlen15, Staff, and 8takèlk)Idèrs. OUT 0108niryation is Lyjmrnltted lo m4ntainin9 0 rrtJu$t rlsk managemenl framewoth Ihal 8nJbl8s us to &KowGfjvoly W•nllal trweats and unrtainoll that m•y Imp¥i our op8rakns •nd lo milvJate risk to th? th•wly whole. SOMÈ ofthe n¢1p•t ri$k$ rffjd unrrtalnt8 ihal we ackno9$ •nd mgn8ga In(4ude: 1. Fl¢allh ond Sty Risks.. Ensuring Ihe heaRh and $afaty of our residents 4nd siaff paraurt. V h•vg irnplem•n18d 51rin9ent hoalth and fety piotocols. infection control meowr•8, and •m8r9cY rospon8e plan5 to rwMlbgt• ri8k8 rdaed &cadents. i15nfj8s. oth8T helh-Tglat¥d iSSUe8. 2. Trandal Rlsks., A8 • charity r¢lianl on Igas generated by charftablo 8th6t, exposod to ftnancjal risks a8 tlu¢tuaii¢ms in Incom•. rirywvJ operational 51$. ¥nd ?wn¢mi¢ unc•rlaintie6. We thset¢ monblor our pèrfomMn¢e and malnljin fnandal reservel. 3. Regulatory Compli8rtt Risks." Complan¢• vlth rogulatory requirement$ )nd ¥tondards Is •ss•nlial 10 our Lyorattons. We havè ?slabll¥hed mbu81 govomon¢¢ 8tructure5. poIIBSes, and W)cur#S lo en$ ¢vmpllanc• wllh re¥1 l•ws. r•gulatlons. And best pradices in th• hom¢ $Klor. 4. Rgputalion Ri5ks'. Maintaining a ltNe r•putsllem 1$ ryudal lo our charttvs su(xes8. mAnag8 rsks r¢lii¢d public perception. Stakeho8( rolatton6hip3, a1 m•dla 6C¥Utlny by iran8paroncy. •lhical iThthct, •nd open corNnunicplion. Our risk managem•nl aFyroo¢h Involv regtAgr dsk I8$Ments. inlornal control$, And wnlknuous ffloThtoriThJ of key risk Indlcators. We engage wllh stakoholders, Sook 94)8rt adv. aThJ stsy InfOrn boul errw•r¥J risks ta enhance our risk m#ftog8manl proLces. By 01$In9 rlsk mw•g9rn8nt and adt•Ung è pyoathve slan¢0 Iwrdj 9ddrlIvJ potenlal ttwe818, to 6aleguard the Interpslj of our residonts. ltaff. donors. and Ihe wKler cornrnunity. Our rrynmltnnl lo efAclive risk m8nagemenl ura(re8 our dèdieabon to d8I'v•MJ hwh-qualty Care and mAints¥¢ing the Irii8t and ¢¢nffid•nco ol Ill w¢ $em. K•y Id•ntlll•d rlakn Rocruitfflenl reffins a challgnge wi1hln thg WS9odallon.BChmathq of $alari¢s 1$ a regular 8Ctlvity wtthln the •$soc4•1ion to ensur• Ihal wo remain competiti. A• th• posp•LI cf hKJher inflalK)n and the ¢oMequ¢nl pre¥¥ure n and materfgllw. flexlblllty kn staffing and earaful rnonitorin9 of$i•ff budgqls wll be a priarfty. Al Heartknnd Mamr 4nd Ha¥8n. we b8nefft from a W•1•$t#l415hSd mmIt• car• twrn, and w? rema rAi•ftA forlhe that Ihey PFovkl8. h8Np llLN¥ Point¢d a pwmanant CEO. Both buikling$ n8d ra9•r •rhancement in order to remaSn approprtate and comf& for w re6klents. Th• trust99$ ar• cuivontly In9 al Ihose improwm•nl$ as part of Ihe stTal89ic for bolh homès. Anton HO, propety ty the associnuon has been d, and (und8 In¥gfjtgd. 81NClu. gmman¢• and manw•mmt The Charity Is a registered tharfty (No. 2379111 and a cornpttny (No. 8171041 limitod by ouaranl¢e. 118 rog1std office is shown On th Ro19rgnce and Admini8lrative Detarfs page ol Ihi$ r•port. The Charty is govemed by 118 M•morandum and Ar15 of AMo¢tslon adopbj on 26 AugUSt 1964 aB am•nd•d by Sp8d41 Resolutkn$ pauod on 30 March 2017 and Z3r(J F•bnJ&ry 21r21 19th Mpy 2025.
THE LVERLEy ASSOCIATION TRADING AS EVERWOOD CARE CHARITY TRUSTEES. REPORT IINCLUDING DIRECTOII8' REPORT AND STRATEGIC ftEPORn (CONTINUED) FOR ThIE YEAR ENDED 31 MARCH 2025 11•4Mltrhw4Trd •ppolnbn•nl oftru•lM• Th•re ar• 5 tnL%ta•8 lmIlY In poit. Th8 tru•te•s rn¥1 wulorty th• ¢tynp0É1fr of 8owd. Th? Irjok al th• lAgr of •xp•rlen¢¢ and ski118 of dl tllt ffj an8tsr• Ihat rnoel th• nd¥ of Ihg Charlty. vacon¢te¥ arfm. a rou¢ent dr1¥• LI Tho cmrfAI by Bn Ir18nMY ffti. IndtI10n Ind tr•In19 oltru•t••• Trustr4M •r• i$wJgd 4 ful inducllDn pat inL4udiThJ tho a48OnB Introduthi to Th• Iver A¥8¢Ka&tion ffradlw ¥ EvgTh¥ood Cwo Chw¥l, ¢ommls&cffi 9danCe, ft •nd prnp8r pwons Irrftym•tth. th•'how to, oltru•le• I1 mletings &j tho vohjrkn IWndbCk. AlThI•lltI kn Mttlng k•y p•non•l r•mun•lOn The key man1merIt P8rsonnel m ths Chi•f Ex•wlfv• SOnr MThg•m•nt Te•m.Th• CEO rem78¢10n is deoded by the 8uard ofTNal•48 Arnl th• soor pAAnlIVIn1 Twm a8 r•C#)n by thè CEO. ¢)ry•nl••llon•l The Chlef Exwjllwe Offlcr l& rewMNe for th d•y.tW of Ihe Ch•riVI •llm fry 1ftwarlIng PcloS mosl ¥ryp8d by Ihe tNthes. Th• daTrto4ay rlng OT Hrlland Man aThl LMtl8 Havan is dew by the CEO to the PIe Manllgern. The B1r&I ¥¥l•s •r• minaged by the CEO nd S•rxor M•wwwrtT••m wlh INe• 0ghL Th• trujtew, rnport irthdMvJ the rnport And 8IAtogk r•prt wii Ippro by lh• 8o•rd ofTNth#. rtCLU'Cop MrsCBi .3 /ia/&..oQ
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 AIARCH 2025 Tho trleas. who Br9 9180 Ihg dSrnctors ol Th• IAfjfverley A850Giatn (Tradlng a$ Every0 ca Ch•rityl for Ih• PUFP059 Df company l•w. •m r•sponbl& lor preparing the Trusteo8' Report and the flnanclal Btalernellts In cordarKe with appllrablg law aNI Unrted kn"ngdom A4ntr9 Stsndards Iunitod n9CIn Garwaly Acc•pl•d A¢counlln9 Practs'¢o1. Compony L•w rdreS the trustees Io PW•Are IrwicJal 8tatemenlB foreath flnanoal yearwhKh gNe a tru• and f¥ Vi0w ol Ihe slate of affwrs of the ¢h•riloNe ¢omtAny on4 of In¢omlng r•sources Mxtion of rnSOLW(X8. IjUdIng lh8 income and expendilure. ol Ihe chariiable CDmpany for that year. In woparing th•s• finand41 statements. the are required b).. - sultabkn aAU19 poMdg8 aNI then •ppty thom ttTrnilslènty: . ob$gw the rn•lhod$ pthlo8 In th• Ch•ftts SORP: - m¥ke iuduom•nts •nd •thatos Ihal ar• reasonable and pdnI,. and ppar the fin8ndal stalemtsnts on th• going ¢>Jncern baslB unlo55 il is Thpwowiat• to presume 1hql the chwit8e wll continuè Ri DPOfatirm. Tho tru81•¥$ aro re6pM$) for k8opTrig Adeq(th 4w)unlkng Tocords Ihst thsdO wNh r•ison4ble accurncy at any time the OncIal pojilion ol th• ch•ritatAe ctsmp•ny •na wable to th• firAntial sthtemenls conwly vAth thg Cornp8rim Acl 2008. They qre 4Lo re6ponsibl• for Bafeguardhg Iho as8et• of the tharitat corywy arxl how fof taking ffjAwi•ll St•p> lor the prevention and détèction olfraud and oiher ¥regtle.
THE WILVERLEY ASSOCIATION TrADING AS EVERWOOD CARE CHARITY INDEPENDENT AUDrroR'S REPORT TO THE TRUSTEES OF THE LVEftLEY ASSOCIATION Oplnlon hav8 audlod fjnamal st8twnenl¥ of Th A$8ooabon (Tradinp os ÉveryMDd Care Chartty) Oh• 'tharitJble rompany'} for lh8 year ended 31 Marth 2025 whkh ¢omprse th• stalement of fina191 a¢thties. Iha b¥lAnc she, th0 8ts¢sm•nl ol fl(ws 8nd nots8 lo Ihe financld slatements. IndLbJing ¥lgnificanl alOunt paltues. fInrA reporttThJ framework that has beon ap09 in thwr pfftparation is apF4cat40 Iw and UThl8d Kjngdom A¢untIng StdardS, induding Finanrial Reportiw Standard 102 The Fift¢$81 R8portiw St8nEl•rd aw¢8&1• in th¢ UKandR•pubc oflmland (Unlted KgI10M General A¢Lwl•d A¢cwnling Pracllce). In our oplnhjn, the flnonckl •t•m8nts'. givè a tn and r vJ•w of th• #lt ol th• chwilaW$ Gompany'$ affays a$ at 31 2025 and ol Is reBourceB ar¥1 appl10atl¢ of ra60urM& 4ndAIng tt8 Incom aTrJ expènolture. for the Or then end. havo boon PTOP8rfy w•par•d In A¢p)rd•)c• vrrilh Unfft•d lfjngdom G•n•Tal Affjep19d A¢40Urtlng Pra¢0. and h8v• bn pr•pw•d l) accordanc wllh thè requirements of the COmn6 Acl 30(E. Bas1• foropknl• We lduded our audll In accord•nc4 wtth Intemallonal Standards M Audil'ng IUIQ OS4J (UK)) and applicable law. Cwr r¢¥)onsbllill•$ tr those starK18rds are furth8T d8scribod In th• Audllorts rn4)onslblliUos for Ihe audrf or Ihp financlal 8latemonts sedon of our report. Wg arg Indep&ndont ol th• Chalitae Mmpany in accor40n wh tho ethKal fequlr•m•nls Ihat ar• rèl•¥ant to •udil 01 tho fanlI 8tat•mènts in th• UK, ilIng lh• FRC'S Eih'c4 siandard, and we h8ve furled our other othal r8spon8lbilltkw In aceordane• wrth kn8e requtrements. b•llev¢ that the audrt evidence wa ha obtaird Is sunt and wropiiale to PToNide a b•sis for cr opinktn. CM¢110n r•htlng Io golng concern In audin9 the finandal ¥talements, we ha¥e conduded that th• Iw$t••$' of the g(ing C0M ol ttnI9 in pr8parallon ol th• Ilnamal Statem18 is apwoprtat•. 8aed an ihe work wg have performed, we have not 10onllllgtt any mateiial uncrtalntios relating lo events MdiliMs thal, IndidalY ¢)r ¢olb¢tfvely. may t 8lgn1ficI doubt on the tharilable compans alty lo cMu8
s a golng cone¢m for • period ol 41 &11 1• monlhs from whm Ihe fmanoaf sl•tsmen15 authort$od fr
SU8. Ow re8p0nthl1lt and tr)• respon115 of ts truat•85 rn8t to gdrJ ojrtwn arè d08b•j in Iht relevarrt sections ot thi5 r&wt. Oth•r Inf•miatlon Tho Dlher informat•)n romprisej th• infmlion indudod in tha annual r8wt oth Ihan th• ffinandal $1o18m9nts and our auditors report there. Tho tNst•&S rnSpOlb1e lor Ihe other Infomwknon contsined wlthln th• annual Fèport. CJr opThMon on the fin•nwl statsments does not cover tho othw Informalon and. •xc¢pt to tht oxlenl s)IherwiBe explicilty Blaled in our repori. wa do not express ony fom of assurarte C•?[uS1on ther¢. Our responbIlty1a to r•od the olher 1rknrnlon •nd. li dong 40, )n¥Ider whethkr Iho olh•r lAform•ll K9 matWiy I101 wilh the Inan¢ial staf8rrKnts Dr tyjr knowledgo oblaln•d kn the cour88 of lh• audit or othetw1 app8ar6 lo be matewiglly mlsslatelj. 11 we entify such matWig1 knconsist•nts•8 or appthr8nt mthial rnStateM•rn¢ts, w• ar• r9qulrod io dgt¢rmin8 whglher this 91$ rise to a matsrfal misslalwnant In the financw slatgmgnl$ Ihèmsel¥èB. 11. based i>n the work we ha¥è performed. we conrjude that th818 is a maleri•l misstst#mnl ofthis oth•r Infom7alion. W9 •rg wgqulr¢d to ropori Ihal fg hav8 nothlry to reForl in tNs regard.
THE MLVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY INDEPENDENT AUDITOR'S REPORT (CONTINUEDI TO THE TRUSTEES OF THE MLVERLEY ASSOCIATION Oplnlon• on oth•rffj•tt•rn pwcrtb•d ty th• Companl•q Act 2006 In our op1nic, b4$•d on th• wtyk und•rtakgn in lh• cour80 of our audlt-. the Informatkln thg truste•s' repGYt lor the fancial y•ar for whth th• fffiandal $t4l¢nxnts we prnparè(J. which kndudos tho directorn. r•p¢rt gnd I strAtegic rewt pr¢parwl for Iho purp3 of company l¥, Is o)nsist•nl th the financlal slatsments., and the $troglc report aNI the dIrOr$. report inGlud4d wrtNn the tru$tèu' r•port ha b••n wepared wi Acc0fdae wlh apFIlrA legal requlrwngnl$. Malt•rn On whloh w• arn rnqulr•d to v•pprt by •xe•pllon In the 163hi of the kno898 and underniandkng of th8 ch£Atabb c4nFony ond 11$ rOThMent obtaln8(I In Ihg course of tho audil. we haNv not Idend rn•t•ri m•t•tmn In the strateg rEPOrt or the dlre¢tors' ro ined thIn Irusloes. report. Vh h9¥8 to r•port In roBpvd of k41tylng mlttgrs In idallon lo lh• Cornpanles Ac 2006 requires u• lo report to you if, In our oplnlon: •doqu•t• aeo)unting rncords have rtol been kepl, w return$ •laqual• lor our •ud have Lwn r¥0 fmm brnnthe8 nol vK4ttéd ty us,. or the 8tatemvmts not in agro8rnent ¥Ath thè accounlirffj rvLY)rds •nd rm$. or cor18 (&sdosur•s oflwstg0s' remwwallon sw(#fied by law wr8 not m•d•: or we have not r•c•W all lthmatkni arKI •xplan41knn$ w• for our authi RMpon8lbllltlH of tru•l• As •xpkkngd mofe fully kn the statement ol INSI, tesp¢nsibililie$. the tNJlees, wh) al80 Ihg dli•c4or8 of the ¢haritabb ¢ompafty for th• pwpose of coMY law. are respon6l>k for Ihfr prepaf8lon o11hg statomonts and lor belng So8fi$d th•t Ihuy gNe a Inr• ond fair Mow. and for Such In1ern control 48 th• truste09 d¢¢èmin• Is ne¢10ry to 8natde the wèporathon of slatom•nt8 Ih8t 8rg freg from materfal ml6stment, whether duo to fraud or •iroi. In prepariNJ lh• finan¢W 51atements. the IfU¥ttEs ¥r¢ wponblo for assasn9 lh& charilable mpanys &bty lo conllnuo as a gohg nCem. dlsdo$ln9. a8 8pplli4bl8, mattor¥ reLèd lo gong o)n¢wn 8n usnp the gothg nCarn basis ol acwjnling unles8 th¢ tru$t•o1 •th•i intenrt io liquld8t8 the fJ)aritabf• LY)mpÈny or Io (xi86 opwati(ms, or no realsllG •11gmgb¥e but to do lo. Au(Mtorf• rn•p•n•lbMIU•• forth• •wJltolth• IIMn¢ll •tl•m•nt• AlurfhBr 00scriNon olour m8ponthh¥•5 1$ •Y4ihblo on thè Fanc4a1 Reporting Councils *bgit8 81.. https'.11 ¥ATht.IrC.org.uklauditor9f•gP$ib1l•1. Tl¥s d8[1P.0n lomu part of our report.
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE LVERLEy ASSOCIATION Ext•nttO I1¢h th• audltwfi• wn1id•r cwMbl• of d•t•Gting Irr•gulrltl••. Including fraud IrrègulaThlièl. inthiknno fraud. are In51anc•5 of nOn-curnlwnM ¥Alh ond r•gulatJns. WB design pioc8dur•s In lkne with ¢)ur rèsponsibilit. Jjtlined BbJve on th¥ Fin&al Reportlng Courrir8 we1¢, lo d8te¢t mJIal misslatemenls in respeei of irregulvllies, including fraud. We oblain And updrtte our undaTrt8din9 of th• entlty. its cliviiS. its (yJnlrDI en¥irDnrnert, antl kety (luT0 devolopm¢nl$. induding In r¥lgtko lo Ihe k981 and rO91&tory framowork applicable and the elllity is comyn9 with thal frnmewtyk B•8td on th1$ undor8tanthni. we identify and a$s8ss the risks ol malBrwl MI101ment of tha fiMnclal slatemenis. whEther due to or error. and rf0m1 audrf respunyve to ihow k8, •nd obtoin a.1 e¥tden¢o that 16 suffi¢ient aftd 4pproprte to provide a ba818 for Our ¢pln)n. ThiB IndleS consldwalion oflhe risk ol acts by the enllty that wern (ontrary to appllcabk1gw$ and r8wknli)n¥, il1j Irwd. In r41poAs• lo t rlth of Irf•guI¥S AThJ nc4CoMC4 wlh laws rgwldon$. Indu¢Jkng traud, wo d08ign•d prtt•dur•s¥thlch Indud8d'. Enquiry of fflanagement and those charged 4¥lth go¥wnwc oround actual and pomial 1119at1 and doims as wak as actual. 8U5PÈCaed And aHeged Iraud., Re¥iewng miwte¥ of mgetingj of th0 ch8rgefl govem8n¢e: A5S855ing •xt¢nt of rompliwrKYJ wlth the and rogilalltsni o)n$ld•r•d to a oyr•ct mat1 Bffect on thvj flnanGtql ataternonti or the 0tIOna ofthe entity thrOh enqthry arAI Inspèctbn" Rewing finanrAal s&itemenl dls¢bsurg$ 4nd sWng lo $upp&llng th)10n lo 458•H wrTyfian th appli¢Abl8 I$ ¥nd roguLqlKJn¥', P•rfonnwig audit work over lh• IiBk of management a$ oveTrlde of rA)ntrol$, indudkng lesllng of loumal entrtas arnl other 4dlu$lm•nts for apwowlalenfr88, tho bu$i1è8s r8tK>nale ol 8lgnlficÈnl tran11¥ oulJid• lh• no1 of busin$ and r•viowng aco)unting indratsF of enlig1 bi••. eeEBuse of ts Inherent limtt¥th?rn of an a11t, th1& g Ilsk th41 11 nol d•t•cl all Irr8gulam, Induthig thoté adiig lo a material misstatemenl in thè ffinanol $tat•m8nts or norOrnl wilh regulation. Thls ri$k kncraosas the mora Ih8t ¢omF41anc Wlh a law or reqUn 18 ranmd from the nE5 transactlon¥ roffec tn Ihg tlnandal 6tatemènts. 8$ we 41[ be le8s1Skety to become art of instan¢e$ of n¢mplinCe. The rr4k of not 4¢1•¢09 8 mato(lal missta1èrnI r•sulln?g from hud 16 highvr th for Dne resuttNIg from grmr. a• fraud may InVot eolluston. forgery, intenlronal omi$n9, mi5representaion5, or t override of Inlemal ¢tyrtrol. il•• of ouv v•port TIMS report Is mada sd•ty to the ¢h8rll•ble ¢tynpany'$ mernberj, as a body. in COrdan[ wilh Chopt•r 3 rrf Port 16 of the CornpanlesAcl 2006. Our audit worfl has boon undorlak•n so that we mlght stat• to tha charbtablB mpanY6 m8rnb•rs those mlltters we are requred to $1019 10 1h8rn In an audNof$ report 8nd for no othèr pwp05e. To the fvl851 extent p•mtt•d ty Iw, wo do not •c¢•pl or 8s$umo rèspon$ibllty to nyon• oth•r Ihan thg th8r14ble ¢ompory and th8 ch8rflBbto COMny'S as o body, for our audit work, for th1• rnport. Of for t onIOnS we ha IoTmd. Jon Nobl•1S•nlor StstutoryAudltorl foi •nd on boh•ll otAz•ts Audlt Sv41¢ Chrtprnd A¢countant8 strtory AudOr Ttrdrd Flocf. Gat•Y House Tollgate Chandl•r8 Ford Hampshi Untted dOffi S053 3TG 10-
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY STATEMENT OF FINANCIAL ACTIVITIES INGLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 CurY•Thtlln•nclal y••r Lthr••trI R••trf¢tsd Endowm•nt nd• fund• fundg 202S 2026 202S Totsi Totsl 2028 2024 Not•• DOriatic3 and legacie5 C1wble activities InstMents other Inmmo 3,874 4.467,667 20.811 28207 3.B74 4.467,867 20.611 28,207 871 4,270,D75 34.631 52,116 Totsl In¢om• 4.520,359 4,520,359 4,309,892 Invesltngnl manag•m•nl coils s,crtr7 5,CK17 9,199 Chlliilabla actmties 4,$53, 86,588 4.420,455 5,053.905 Lo6$ on thyJO8at ol fLx•d assets 12 48,892 Tot•1 •xp•ndllw• 4,368.876 86.586 4.425.482 5.111.996 Net Incomlng l (outyolngTr r•¥ou 161,483 (66.586) 94,897 (742,304) Nat gaSnsllk>88é81 on invelbnents 13 18,040) 18,040) 107,119 N•t mgv•m•nt In lunth 15S,443 (86,586} 88.857 (635.1851 Fund b*anc85 at l Apill 2024 2,386,733 67,257 56Q,$37 3,416.527 4,OS1.Y12 Fund 31 Mar¢h ZOIB 2,S44.176 400.871 0.537 3,505,384 3.416,527 Th• •taI•mW offinNnr4i1 actNilwJ I al gn$ ond losses reUnI1 In th• ye¥. Al IncomB and •ynditurn deriTJW frcffl 07ndnn9 adv6tlo& The stst•méni of finanaal aclivlfes al$0 ttrfnplies Wbth the re4ulremerrts fci an In¢om• and a¢¢ounl under thè componl95Act2. 11-
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOIIIEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 prtor flMncl•l Unr••trf¢t•d Reitrl¢tAd Endawrn•nt lunds funds 2024 2024 Tolal 2024 2024 Donatlorffj and i¢gatl•g charit1 ac11vS In1•¢$ otlr iome 1.871 4,276,07S 34,031 52,115 s.oc#) 6.871 4,276.075 34,631 02,115 Total In¢offl• 4,364.692 4.369,e92 Investment managemont co 9.199 9,199 Ch•iitable adi¥ltl?s 5.(Q5,167 48,llB 5.053,WJS LON on di6P08JI ol tlxod 12 48,892 48.892 Totsl •xpgndllur• 5.C3,258 48.738 5,111,996 l ino)ming l (outgoing) re50ur¢es (698.566) (43.738) (742.3041 Net g4n&l(loss•$l on IAY•simtrntS 13 107.119 107.119 lknl outyolng w•¥wr¢•8 b•for• trnnBI•rn S91.4471 (43,738) 1635,185 GTO¥S transfw¥ L•Th S,0(Xl 15,1 NetmoTMnwnl In funds (588.4471 148.738) 1635,1851 Fd balanr*s a11 A1 2023 2,975.180 515,995 560537 4,051,712 Fund hlthn¢ at 31 Id•r¢h 2024 2,386,733 4e7,257 S80,537 3,416,527 12-
THE WILVERLEY ASSOCIATION TrADING AS EVERWOOD CARE CHARITY BALANCE SHEET AS AT 31 AIARCH 2025 2024 assets Invoslm•nl wjpwty 16 2.135. 2.103.107 752,180 762,324 17 587,571 2,722.869 3,617.671 79.157 1,215.719 169,888 C•$h at bank and In hand 1,294.876 Cr•dltorn: amounts l•lln9 th• wXIth n• y••r 399,794 1512,161> (ecii.8781 t ¢wMnl •Mol&l(Ikbllllkni) 782.715 (2W.0841 Totsl Bm•t• l•M ¢ur11 llabllMI•• 3.505,384 3.41e,527 C•phl fvnd• Endowm fund•. gènwal lfteoffl• lunds R•strkled fvnd$ .$37 SeQ 537 21 4[,671 487,257 De$igned fund$ Gonord unMstrlcl•d fvnds 2,513.881 2.481,$90 (Y19S7) 2,544,176 2.380.n3 3,606.384 3,416.621 Qa cj.DE 02.- Th• fln•ndal $t4lknnts wwv apptQV9d bytho Tiu81095 rm ......,... Mrsc Comp•ny rnotslrndon num1 00•17104 13.
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AIARCH 2025 2026 2024 ¢h from upvratlng •ftlvlti C•sh genw¥led Iromllobs(wbed ty) oper4tiw$ 103.356 (029.039) Imimiinu •ctlvltlo• Pur¢has• of ianglt49 fixod asss Prac8Bds from d18p1 of InvMl property Prouéds frcth di11 of tsthér In¥•stint# Intttè9t $4,040) 75.8001 78S.000 188.871 2,828 814,436 34.831 Mtst g•n•tthd Inv••tkn# a¢lMII 882.457 573.469 Pl•t G••h uwd In flMncln9 a¢llvlll Il•t Incr•u•¢Iml In rA•h •nd ¢a•h 905.813 155,570) Csh and c8sh •quW•nls al 91ftnIng Ofar 229.9C 285.476 Cash and ¢a•h •qutvil•nts at•nd of y••r 1,215.719 229,906
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Ac¢ountlny polklo• Charfty InfomwW¢)n The w1•Y Associatfon ITrnding as Evprwood Core Ch¥ty) * a private wmpany lirnlted by gupr•nt•¢ incefporated in Englwd and Wlales. The fegS$tored orrice 13 Lme Haven. Be8ulleu Road. tlibd8n Purtlgu. Soulh4mp¢tyi, HwnpBhY•. S045 4JF. 1.1 Arrountlng ¢ontIOn Tho findrAal slatemènis have bpen prepgr•d In acrAJrdanct vrith the th8rXatl• ¢ompAnYs govemi dc¢um¢nl, the CompHnies Act 20J6, FRS 102 'Th8 Financial R?pO(n9 Standard applicat4e in tho UK and R•putlc of Irelan¢f I'FRS 102.1 and Ihè Charities SORP 'Accovntiry and Reporting by Charille5". Statement ol R¢cDmmendèd Prath"c4 appllcabk to tharib?s pr•parI IheSr awunls in aCCordare with FIn¥t¥1 Reporting Standard apWieabl• In UK and Republic of Ireland {FRS 102)" (effgd¥g 1 Jonugry 2019), The ch8ri18blo eompany16 a PU1C 8eneffil Enlty d•fin•d ty FRS 102. Tho flnanaal stal•m•nts ai? prepared in starfing, whkn is tho 1urbCtnwF of lh• chri1#b Company. PhnetAry 8rnounts In thase financAal statements aro ioundoo 10 th• rAare8t L flnandal staiernents have been Prepgrnd urk1er th• hIsiNio Gosl convBnlK)n rnodifi•d lo inCde cwlgln financ1 irKtrum•nts al fair vMlu•. Tho plinal K(¥JLmtiThJ polig•¥ •dopted •re ty¢t bèltrw. 1.2 (Jolni ¢¢m¢•m At th• ilm• of approwng tho finanual $lalemnts, tha trusts•s have a reasonab 8xp8¢1alKin IW the char4tabl8 mpary has adequgts resourc8s Io CDnlknue Sn operational ex1sten Igr the for•5eeable fUre. In makkw thls as58ssm•nt th• tN¥tsès haw la ac(¥Anl of the improved ¢radinp p•rfomwr£• thrsng th• y¢ar whk ha$ g)nlthued Into 2025r26, thè boost In the Chalit8 liquhj luDd$ lolowing th• salo of investrynt propety, and th¢ Suc$ ol Iheli on9olng cost conlfol mea8uro8. Thu8 tho trth518e8 con11n to aL1¢)pt tho going cgnc8m basi5 of ac¢tsunlin9 ¥1 pr•p4rinll lh• financial stal•m•nl•. 1.3 Ch•rhbl• fuDd• Urrtslricted lunds arn avalAbl• u8e al of the Int8tees in furth8T of their ¢hafitable obleei1v. DESn•t¢d funds cvmpri?e IndS Eth have betn get $8ide 81 the th$¢Ir. o! Ihè Iruslèo$ lor spe¢ Purpo1. The purposas and useB of the dgsNnal•d fvnds we lot out In noieB lo th8 finanrAal stalornents. Ro91dclod fund8 are $ubl¢d to wific condilons by donorl ID M)w Ihoy may be us•d. Thè pu505 and $ of trb• re8tsfjct8d lund8 a $el out in the notès to flmncad slatements. Endthvmant fvnds ar• to spé(afic ¢A)nditscrt ty donors Ihal th• capNal be maintaKwd by tho tharftable ¢offlpany. 1A Incorn• Income * rgwgnLsod wh?n ihe chatabl4 ¢omp8ny i$1ggally •ntiU•d lo 11 after ary Porfrym8n eoThlilw)ns haw been mel, lh8 amounts e•n bè measwed rellbbty. and It bs rAobal9 th81 Ineomè ¥AII b• r6¢•id. F88 i1)• is rgcognig•d in the p•riod thatthé serNice is providèd. rncom8 from gov8mrnènt fd olh•r grants li reojqnlsed at .1 value the 9rf1ment after y perform$nc• ¢oThJtt6ons boen m81. it 15 prob that tho lft¢om• wll be r•c4Ned, and the arrrf>unt can be m8asured relwbty. 11 •ntitlemEnt Is not mel. these amourts ar? deferred. Im& receNthJ durlng iho yèar relAting to grantswhdty c4Jverfng peiiods vJmmen¢ng 4ft•r y•ar end 18 held as dèlwred In¢ome. 19-
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEhlENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 AGGountlng pg11¢1 (Contlnwd) 1.5 Expondltu ExpendilLre h rec¢4800 once ihwe 1$ a 18gal OT eonstre obl'gthn lo franer econ¢)mlc bBnefil lo thkd party, it is probabl8 that a transfer of oconomic b8n•lKs wlll b• roqu1 in setlment, and th8 llmourrt Df the obl¥ation can bg measured reli3bty. Eypenditwg Is ¢1488lfied by Tho CO810 of eath actlwty are made up of th$ lotal ol dSwct c1$ And sharotl o)Jl3. iju19 support CDsts Inl¥ad kn undrtakln9 oach acivity, Dlr&Gt o)sls attribut)le lo a slngl• •¢tty or8 all01$d dlreclly to thal a¢Uvty. Shared co8ts whkh ¢ontrlbut• to more than one admty and •upport ¢081$ whi¢h am not •thibutablo to a slryJle ac11 ar• apportion8d bOn those a¢tMl8 on a basis COnBl8tanl th lh8 of resources. Centr81 $18ff r)sts arè 8Mocat•d on lh¢ ba$ of tlme 3t. and dapre¢lon chAw8 am glocatsd on porrion oflho asso1.$ use. Tangiblvj fixed •re inib•ty mu3ured al co, net ofdepre¢y•liDn •nd •ny Irwhm•nl loJse•. Depriation 18 wvjropnispd $0 p¥ lo ¥1? gff lh• or ¥alu•lion of ats Iw Ihelr re8fjdu valuK over thglr Uful INe5 on the followin9 bosu: Fr•thold IArvJ ond buifdlng• FLKlur88 and ffltting8 Strahjhl Ilno basb8 bglwoDn 4 arKI 2¢ yg8n Slfaht Ilne basts beiween 3 and 10 years The yln or h)ss wlslng on the diiFthal of an a8MI ig d•tsrmined as thè dtff•r•rrA b•tr¥é•n ihè sala Pr(ed and the canying value ofthe asset and Is I•gnISed In th8 slatWn8nt offin•lld I1110$. 1.7 bw••lffAnl pvop•ity InsthI8nt propety. which Is Frfopety held to earn rontals andlar lor eaprtal appreciat'on. is irrilhlly recognlsod * cost, whlch Inu9$ the wr¢ha$e cost and any dlreGtly attrfbulable exppndltur•. subsequY it 18 rneJsurod at fair v•lue at the worting nd dats. Tho •wplu$ w dsfldl on revaluation l• Tècognis¢d In prtsfft or loss. l.• Flx•d a8••t Inv•8tr•nt• Fixed a8$01 inv98tm8nl$ afft Inftialtry M8 at Ir4nsa¢lTon p11co excJdlng transact oJ518. ar• iubaequonlly me3¥ur&J al fair al èach reportinp date. Changes In flir valua •r• rec¢Jr nised h nét Incomellexpendilur81 for tha year. Transactkn costs are exp•nsed as I1rred. l.• knp•lrffl•ntoffrt•d M•ts At 8och rept¥bng gnd d410, Ihg chorltablg o)mp4ny th• ¢orrylng •mtnts of Its tan<4• 898•ts to determine wheth•r thwe li any IndIlILIn Ihal th0 B88ets have suffer1 an iMrmantI0$S. If any 8u¢h inrfKation exiBl8. the r•cov8rnt49 amounl of Ihg 8s10118 e6tlmatfjd In order lo d•t•mih)e th? extent ol th8 Impglm79M Io¥8 IW8ny1. 1.10 C•bh •nd ¢•$h •ql¥ll•nts Cash and Ga5h gquivalents kn¢lude oash Sn hJd, dep¢s6ts held ai caTI wlth banks. olher tshort-temi investsnls Writh orwJin¥J matyrillos olthree rnonths or less, and bank 0rdraft$. 16-
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢oyntlrw po11¢1•• tcontlnued 1.11 Flnanclal In•trum•nt• The ¢harltablo company ha¥ elgded to apply lh• prwlons of S8cih)n 11 'Baac Finan¢W Inrnts, aNI Se¢llM 12'01h•r Fknanc?al InstMenlS3Ues. of FPS 102 to all of rt$ flnanci81 inblwmènts. Financial Inslruments are reCnI3•d in th8 tharitabkn conyarrfs bd•rv Jh••l wheTr Iho fharilablo cornparry bocomeb party lo the cortrjthal Pro610$ of the Inslrum•nt. Finantyal J$set$ and IbobMille$ Ofg offs81. wKh th• nel arnounts presented In Ihè finandal stat8mgnls. when there is a legally enlorcoJble right lo 8•1 Off thè récognlsad annts and there is an Intention lo on 4 not bail$ or to r•alls• th• asset and 8•tt thB Ilabuity limuttweouy. B••Ae Iln•nclaluots Bulc finand81 assel3, whith include debtors 8Th1 ¢ash ap3J nk balanrBs, are inknly meBsured 81 lrnn$8CtKJn Pri transadon costs and arfr 8ubsequ6nUy Carri al ort10 cost Un9 the •ffècti¥o Interest méthod leSS the MngemI ¢onslttute8 a ffiThancYw tfaTrsaclion, wheTr the 1$ mea•uTèd at the pr68gnt vatu• of fijture repts di$counl•d at a markit r•t¢ of Interest. FinwKid cla8Jthod as rerbla withln year aro not amorlimd. Bask flnan¢Xal k8bi1it688. Indudlng r¥edknTr ore InMaly recogniged 91 transacllon prlc8 vths thfj atrang•rnenl wistilu$ A fingngng trnn¥aclivn. whor8 th• debt instrument 18 me8Jured at the presenl volu of Ihg fvturo paymonts dlscounted st a mart•l rats of Int•rosL Fin•Kial liabNlb•s das6illed as payablp wlhin y•ai art w)1 m¢•is•d. Tr8de dIOn ar• obllpations to pay for gorJi or SleAS th&t have b•en ac4uW In Ihè oThnary course ol oporalbns Irorn suppliprs. Ampunls payable are dassifi9d as current Ilabllths rf paym?nl 15 due hi¢hin year or less. N r1. are presented 88 -Current liabi41kns. Trade treditors are recfved knSUaly at Iran¥xtM pite sub59qu•nUy Measyrgd at anrtISt ¢tsJl using lh• eff•LINe Internst m•theé. Financi•l Ihblllle$ d8T•cowl%8d when th•ritsbl• ¢cmpV8 eontrndual ctJlJats'on8 •xpir8 or are dhth8rgEd or ran11•d. 1.12 Tax•llon Thè charilabl• ¢4Mp•ny 1$ gxgmpt frryn ¢orwaliDn tax on ill th•fflable •cbvikne• 1.13 Employ•e b•n•flt• The co81 ol any Sed hjlidty ¢ntilknmI i5 r¢wnwt In the pomd In wh*h t empltsyeeS ar• cefvod. Twminalhx bonells Are rgMgnlsed immedlUte a$ an axpanga charttot4e company 48 demon%lrobty ¢ornmitted lo tho ernpbymenl of an •mployee or to prowth bgneffts. 1.14 R•tlroThnt b•n•fits Paymen1$ lo defined tontn"bLthn retlrement befieffil gd)eme8 are ch&rg¢d as •xw9• a8 thay f•ll lue. 17-
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED> FOR TrIE YEAR ENDED 31 MARCH 2025 Crftl¢al •ccountlng Htlmat•• and fvdg•rnwt• In the applIcatl of the char+table companys 3nting polis. the trusltss Tequlrnd lo m&8 Ivdgemgnt8, e$lim4tg8 and a$$umptM$ aboul lh& CArrying arnourrt of a55e15 8lItIeS Ihal #re not readty •pparonl from tkner xwr¢e8. Tho estimates and a35QC4at6d assunyb(s aro bAsed on hiBtWfAI eyrlenc• and other faclors Ihat ar• conoidwoo to be rdevanl. A¢tu results may dmlw fran th88e es¢in•t¢s. The eBtirn4les and undorfyry Auump¢hn$ aro rnvk9wed on an onwng Oa81$. R1810Th$ lo (ontInY è8lthMat•s &r• rwy)gnls•d in the pervd in which t 0stTh810 18 revlsed wher8 the Mis1 affects thal r*d. or li periryj of Ihe revkbn and fulur• p?riJ6 vthorn th9 $11)n alhct8 both currnnt and fLrturè rK)ds. Oonallons Ind 1•gacl•• unltrICted Unr•4lrlGt•d Rvtrlct•d fund$ fund• 2026 21124 2024 2024 Donatrtins and gift# 3,874 1.871 5,tyJO 6.871 Charftsblo aGllvlllo• Unrnstrfcl•dUnmtrlct•d funds nds 2026 2024 R•$tdentlo1 Fee8 Nur61nq Foes ReBpKg and R8&bl8mwrt P8es D8montia Fees 3,112.878 2,891.986 1,023,917 1,351.484 172,024 32.805 158,848 4.467.867 4278.075 Inv•8tm•nts UnrnBtrl¢t¢d UnmtrlGtsd fundz lun 2025 2024 IwJnw from listed in¥•slmenls Irrterest r•c81¥abl8 17,785 2,828 34.403 224 20,811 34.631 18-
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 laARCH 2025 Oth•r Inn Unr••trlct•d UNe51ricted fundi fund$ 2025 2024 Ng1 gaSn on dlJposal of18nyible ffixed 8158tB Olh&r Income 27.911 52,115 28,207 52,115 Inmthwnt m*n•g•M•nt ¢ts Unv•thtt•d Unro8lrfctod fund• fvnd¥ 2025 2024 Inv•slmert m•na9emenl fee$ S.CO7 9,199 5.037 9.199 19-
THE MLVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 Charft&bltr ocfvlll Provl•lDn ot Provknlon of ¢•M homB8 carn hom 2025 2024 Staff Gog18 Deprecialon and lrnpalnmnt R081d•ntlal ar1 nuvslng care Calering Pronsg$ 9¥p8 runnlng 3,237,fjOQ 3.t.781 49.980 3S.883 23.388 46.982 140,313 193.192 507.845 525,032 326,420 386,833 4,285.526 4.759.683 Support COBts1609 9) Go¥wnanLx &8(19? 9) 100.539 270,722 34.3W 23,5CKJ 4,420,455 5.053.90S by fund Unros1rictod ljjnds Resliided funds 4.353,169 5,005.167 48,738 4.420,4SS 5.053.905 Support ¢o•ts Support Oov•m•n¢e 2026 Support GovwMnc• ¢o•ts ¢o•ts 2024 Legal and proftsiional fees Conlra¢tor ¢t5 1(Kl,539 100.539 17,695 253,Wd7 17.695 253.027 Audit f8eB 34,390 231 23,500 1CIl,539 34.390 134.929 270.722 23,500 294222 Paymonls iotalllng £nbl12024.' £1) wro mado on bghawol ¢Nsleo6.
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEMENT3 {CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 11 Employ Tho a¥•r#yo Mont number olemF4Oy1 duthg th• yr was.. 2025 Ilumber 2024 Numb•r 101 Ernploym•Tht co•ts 2025 Iges ind 8wAal secwlty cxsts other pen$lon costs 2,984,420 207,7D3 45.477 3.376.447 184,720 40.814 3,237,fj00 3,001,781 Indud•d abov• are agency ¢o$ls of È551.423 (2024..£1.197.155) Thè key mnnagenxnl pernl ol the ¢omwis• th• ••ni¢y rnw9gnwnt te8m. Th• tot81 p>e b•n•frts. ttsmprising salary aThl pan81 cLtTlI0n• of the key rnon•gement Porsomel ollh• ¢hJrfty vmrn £386.42412Wd4, £379.785}. The numbèr of èmph)y6&8 whote I1 f•muMr•tlon waB than £80,000 16 u foMowB". 2016 Numb•r 2024 H•T £6D.001- £70,000 £70.001- £80,000 The 4dina CEO %tho w¥$ rot on •mployog garnl r¢rnunarnborb of£ll,41012024.. £191.9801. 12 LO on 41hpH41 offix•d as1# Total Unr••trict•d fund• 2026 2124 Nel b)83 on IiipoBal of langlblefLxed a88818 Followwig a reW of tho 4ss•l rtgisler dumg th• prewous year. red a8$els of a net book vabJe of £r41 12024.. £4e,8921 WrItten off to flec% 9$sets di5P05ed ol or no longer In (w. .21-
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY P40TES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Not B•in•lIlD¥•1 inv••lm•nl¥ Unr•trl¢tod Unr•trlct•d funds funds 2025 2024 Revaluatson ol #i$tMentS (not? 16) R¢v4luaUon ol #ilMnI propgrties on sale oflnws¢mgn¢ Fyopertie$ 118.880) 70,919 36,200 12.820 18.0401 107.119 14 Taxallon Thè charity is Ircffj on inr4m •nd fallpng withwi Ser Scks ofthe 19 or 252 of th• Taxalljn of Chargeabk• GainsAct 1992 to Ihe extent th•ae Are ¥plled to rts ctr•rrt•ble obled8. IS Tahglble Ilx•d FY••hdd nd Fithrn••thd and bulld ttlno8 Co Al 1 April 2024 Ailditions Di5posa15 2,367,425 10.116 701,484 43,924 (134,ISO 3,068,889 54,040 1134,150> Al 31 M•th 2025 2.377.541 611.238 2.988,779 Deprnclatkbn and Impalmi•nt Al 1 Aprfl 2024 DeplatIOn (gFoed in Ihe yoar Et4mln8t•d In rnspect ol dlw8a18 435.898 5J,806 21,457 28.$03 (162,Ce1) 965,782 49,9eo 1182.061) At 31 Mqrth 2025 457,353 398,Y28 853,681 C•ryln9 amount Ai 31 Marth 202 1.V20,1 214,910 2.135,098 A131 Mafth 2024 1,931.529 171.578 2,103,107 .22.
THE WILVERLEY ASSOCIATION TRADING A8 EVERWOOD CARE CHARITY NOTE8 TO THE FINANGIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 16 ImiMtmnt propèrty 202J F•lr ¥•• At 1 Aprrf 2Q24 752.180 (752,180) Al 31 Marth 2025 Thg inv•stm8nl prorty was sokl durirvJ fin1 1(. 17 Flx•d •u•t IDv••trn•Dts U•t•d In¥vlm•nt Ca•h T•)t•l Cotoi ¥lu•tlon At 1 Aprl 2024 752.U34 89.733 (18.8) 10,290 189.7331 762,324 Valu4tion ehangès Instment manapmont fo Cash wllhdra oceed8 ff(m sgle of •h• Dfvidend inry)mg {18.8601 15.oon 1168.671 15.007) (168.fj71) 223.245 17,785 (223,245) 17.785 Al 31 Mar¢h 2025 579,fj62 7.)9 587.571 Carrying amount At 31 Mgrth 202S 579,882 7,909 587.571 At 31 2024 752,034 10.290 782.324 le D•btovs 2C121 2024 Amounts tsllkng du• wlthln ¢)n• y••r: Ttade deblorn Other dobtors Pr•paynnts and a¢Erued income 47,709 142,057 6,184 21.647 31.448 79.157 169.888 -23.
THE WILVERLEY ASSOCIATION TrADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2025 19 Cndknrs: •mounts hmlng ¥Athln ono y•ar 21126 2024 Other laxalloTr and sc¢4919ocurtty Tra th1o[ Oth¥r Eredlvrs rthil$ and inpJffle 45.025 303.365 84.621 79,11 49,865 418.082 56,398 77,$35 512.161 6fJ),876 -24.
r38% Ir) vpv 15 1. 1 li gils -z
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR ThIE YEAR ENDED 31 MARCH 2025 21 DMlgnat•d lundb The In¢omo fvnd$ of th& charity Indud• Ihe follwng duiwled fimd8 whlch have en 8•1 a$lde wl ol unre¥trid•d funds by thg trust?8s lor 8Feclfic purpo$". bnc••t R••ourttt Tr•Mf•rn ¥th¢••t Tr•n•fn B•lMK• 1 A1 2V3 •Xl•bd 1 Aprt2Q24 31 M•rolt2VZS Property ¥nd •9uvAment fur Fga subslty rweNe Rapairs and #nprov&m•nl 1.351.746 915.219 190,824 1,542,570 915219 31,991 1.574.561 915.210 SO.ODO (28,0991 23,W1 23.901 2,316.965 126.0991 190.824 2.481.0 31.991 2.313.681 The property and oqulpmenl fiFnd r•pr•swrts Ihe net bD)k vduè of Ihe tanq5blp fix•tl aDJ81s held for tharibbla Purpo Igss the Tront financed ty 8ndowed fund$. Since thi$ fund rfjprewits IsA> ffixd ass815 (mainly bulldlngs), it ¢aThl be comethd e•&'ty Irrto eAsh and therelore (wnol b• us•J to fuTrJ 4JOr Tho Feè Subddy R8sèr¥o h¥¥ beon $81 up lo provkte tor funds to s&st residènts who are unable to meel thè full cost ol lh• Iw. Thè Tepair And improv•m•nis r6w•s•nts monfjy W a6idg by th• Intst••s tardS th• ffinan¢• of Iwdal m•ntananc• wuk and Fl8nn8d mai)r wnproVts to f•dlttles.
11~
THE WILVERLEY ASSOCIATION TRADING AS EVERWOOD CARE CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2020 Qp•r•tlng I•• ¢ommltsn•Nts At the reportlllg end dal• th• tharllalAg h•d out5tandvy commilmonts for lulur• minlmum lease pay15 uThJer nonucthe1IabI¢ operglong l¢•se$. lall due as folknv8'. 2025 2024 Wrthin one ye 8et4Yeen tso ond fr¥e y61 10.130 9.156 16.221 18,834 19.286 34,055 25 R•htsd p•ity tMn8ictlo During lh• yur payThnts ot £25.529 w¢re made to Rhys Polter80n w•$ rA)Inted a IIUJlee on 15 14knT¢h 2024 Ind r0$1gnod 13 AuguBI 21r24. Of the £25.529 p•kl during th• p?rbd, £18,719 wa$ paid to hirn when ho was S11 a trus. In Ihe prior year payments of £61,049 wèré mad8 to hlm and £4,256 was •ft¢r bdno appolnlgd &lruBlee. 21 Ca•h g•n•rnt•d op•rnllon• 2028 2024 Surpwd&flCS fw Ihe ye 88,8$7 1835.185) Adiuslmenl8 fty. InVemeTht irrtma rncanised in slatemeni olfineoI a¢llv14 IGainlllos¥ on dSspoa•l of tanble fixed a8sets Gan on dilposal ol inv8strnt property Fr valu• gains and IDBse8 on In¥e6lmenl kKQP•rtI•s Falr ¥aluc 9wns and1056è8 Inve81menlg Dpw8clalon and lrnpaÈrFf+8DI of tani,'blvkK•I ass8ts we•lm•nt rnwa9arnnt (20,811> (27,911) {12,820) (34,6311 48,892 136,20DI 170,¥201 35.U83 18.860 49. 6007 Movements in WOMNJ ¢pltsl. 08crga8e in debtorn ID8crèaselAncfeaBe in ¢redts)rs 90.731 (88,71T) 16.986 46.135 Ci•h g•n•rntod fromllb•orb•d byi op•rntlon• 103,356 (629,0401 -29-