2025-04-30-accounts

Bethany Home Trust Limited

Report of the Trustees

for the year Ended 30[th] April 2025

The trustees who are also directors of the charity for the purpose of the Companies Act 2006 present their report with financial statements of the charity for the year ended 30 April 2025 The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Standard applicable in UK and Republic of Ireland (FRS 102) (effective 1[st] January 2015).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Trust Deed defines the Objects of the charity as; “to found, provide, build, run and maintain homes, houses, hostels or accommodation for the residence and use by the care of old infirm persons recommended to the Trustees”…. “such persons to be of good report and of Christian Character”

These objectives are met through the provision of 10 low-rent Almshouses at Dingle Court, Bristol BS13 7AU

The relevant Charity Commission Classifications are: 107 - Accommodation/ Housing 202 - Elderly/ Old People 203 - People with a Disability/ Special Needs 305 - Providing buildings Facilities/ Open Space

Significant activities

The charity exists to provide clear benefits to its residents by the provision of housing and the fostering of a sense of community and mutual support. Where possible, the trustees appoint one resident to provide contact between the Trustees and residents, They are known as the Responsible Tenant.

Trustees are in advanced stages of negotiations with a group who have expressed an interest in becoming trustees/director.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

During the year, the charity has provided housing, community, stability and encouragement to 11 people in 10 self- contained residences at Dingle Court.

FINANCIAL MATTERS

The charity accounts for May 2024 to April 2025 show a Surplus of £2,852.00.

Financial position

The charity’s mandatory reserve position continues to be very healthy and thee trustee is confident that the continuing financial stability of the charity is secured by the 2025/2026 Budget, adopted at a Trustees meeting held in May 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing documents

The charity is controlled by its governing document, a deed of trust. The Trust is a limited company, limited by guarantee as defined by the Companies Act 2006.

The charity is established and controlled by its governing document, a deed of trust. The trustee is a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment of Management Company

The trustees decided in 2023 that due to the low number of directors and that all current directors have full time employment, we would take on a management company to take over the day to day running of the charity’s maintenance and Secretarial duties of the Company. SWR were appointed on 01/09/2023 so have now been working with us for over 2 years now and we are happy for this arrangement to continue.

Company Details

SWR The Stables, Hortham Farm, Hortham Lane, Almondsbury Bristol, BS32 4JW Appointed on: 01/09/2023

Recruitment and appointment of possible new directors

The number of trustee’s are still not where we would like them to be so we are currently looking to appoint new Directors, individuals who share the aims of the charity and who, will be attending trustee meetings as observers, once they are happy and have decided to serve as directors of the trust. The current directors will check references, carry out an interview and if they are found to be suitable to be appointed as directors we will look appoint them as soon as possible.

Induction and training of new trustees

The Almshouse Association holds a number of seminars each year which are made available to all Directors of the Trust to attend. New Directors in particular are encouraged to attend the annual seminar for new trustees. The Trust does not have a bespoke training course for new Trustees, but they quickly become informed of the issues by means of discussion at Trustees meetings and between meetings by email and personal contact.

The Trustee’s plans for the forthcoming period

The Trust continues the updating of the Rules of Reference, Application Form and Letter of Offer. The Trustee notes the tendency for elderly people to remain independent for longer, and as a result over a number of years the waiting list has become gradually shorter. The Trustee is fully aware of this and is actively considering its implications.

The trustee’s had appointed a surveyor to carry out inspection, and a fire risk assessor to report on any work needed to maintain the high standards of the property and safety of the tenants. The outcome of these have been taken on by the new Management Company SWR, who are currently in the process of fulfilling the requirements of these reports. The trustees are continuing to improve flats to a high standard to meet our tenants requirements.

Financial Risk Management

The Trustee acknowledges its duty to identify and review the financial risk to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustee has to this end agreed Financial Procedures which are operated by the Treasurer on behalf of the trust.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 09548579 Registered Charity number 244329

Registered office

The Stables, Hortham Farm, Hortham Lane, Almondsbury Bristol, BS32 4JW

Trustees Directors

Mr Kelvin Stone Dr Pam Cairns Mr Gary Holister Mrs Ruth Taylor

Appointed 12/01/2022 Appointed 16/03/2022 Appointed 26/04/2023 Appointed 25/03/2025

Company Secretary

SWR The Stables, Hortham Farm, Hortham Lane, Almondsbury Bristol, BS32 4JW

Appointed 01/09/2023

Independent examiner

Dilipkumar Patel FCA ICAEW Wormald & Partners Brunel House, Clifton Down Clifton Bristol BS8 3NG

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2008 relating to small companies.

Approved by order of the board of trustees and signed on its behalf by: Kelvin Stone

Signed:

REGISTERED CHARITY NUMBER: 244329 ort of the frusfÈè and Unaudlted Flnan¢lal atements for Hom¢ Charll Yvormatd & Pather5 Chartered AccouDlant5 Brun61 Houso 11 The P¥omenade Cllftoh Down Bri5101 BS6 3NG

om 50fth eYearE nclal S 30A menls ort 2025 Pag• Report olthe TTUStee Independent Examln•¢s R¢port Statement of Flnancial Aetivtties 9alon¢e Shgpt Notos to thé Flnanclal Statements 6 to 10 D•tall¢d Stat8m8llt of Flnanclal A¢¢ivitieB 11

Bgtban ome Ch h8 Trus ded 30 ee 120 Y the Yea The dliectot5 of thè curpoTate trustee of Ihc chatity pre5entth8ir report with Ihe ffinanctal statements 011h8 charity forthe yèar gnded 30 ApF412025. Th8 ITU51ee dlre¢tors hovg adoplEd tho provisiDns of AccouTrlin9 and Reporting by Charflle8'. St￿lemen1 of Recommended Practic8 8pplicable to charilies pieparing Iheir accO￿lIS in accord8n1￿ wbu) the Flnan(xal Reporling Slandaid appli¢2ble in tho UK and Republic of Ir81ond IFRS 102118ff8CtIvo 1 January 20191. OBJECTIVES AND ACTIVITIES Oblectlv85 and 05ms Th8 Trust Degd ddines Ihe Objeots of Ihe chaTrty 85.. "to found. provid8, build, run and malntain homes. hou$88. Iy)9t6ls or accornmodalion lor Ihg re$id8nce and use by and th8 carè ol old ar￿ infitm persons recommend8d lo tho Trusle8'... "Such pErsons to be of good report and of Chri5tlan Characterf,. Th￿ objectives ale m81 through tho proylsion of 10 low rentalmhouses at Dingle Court, Bristol 8S13 7AU. The relevanl Charity Commission Classlficalons afQ'. 107- AccommodaDon l Howing 202- Eldarly l Old Peoplo 203- Peop18 Wlth a Dlsabillty I Special Need$ 305- Providing Buihjlngs Fa¢S11l￿8 l Open Spacg Slgnin¢ant actlvltles ch8ri1y exists to provide dear benefits to its residents by the PfOVi8ion of l)ousinB and the fD51ering of a sense of commuiilty and mutual support. Where pos$lble. the Trustee appoints one re51denl to provlde contact between the T¥usto8 nd residents. They 8re known as the Responslble Tenant. ACHIEVEMÉNTS AND PERFORMANCE Charitabl# a¢tlvltles During th8 yaar, th8 charity h89 pTovwJod housing. (￿mmurdty, statrmlity and •ncourngement to It peoF16 in 10 self-conlainod re$ldenc8s at Dlnglè Court. FINANCIAL REVIEW Flnan¢lal posltlon Ihts charEly ateounts lor 2024125 show a surplus of £2,852. The Charitys mandatory reserves position ¢ontlnuas to be very healthy s￿d the Trustee Is ¢onf4dent that the coTrUnulng financlal 8t8bility ol the ¢harsty 15 by the 2025126 Budget. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng documght Ibe charity is established and CDnlmllÉ￿ by ts Tfust Deed, dated 10 August 1965 plus 8 Scho￿ amèndment. dat￿ 1st June 2016. It CDnstilu1&3 an unincoiporaled charty- Recrultment and appolntment of now tru$lee dlrectors No 41r￿￿OrS T051gnEd In Ilie year, and Iho trustee dkettors continue to look for a￿di￿Onal rfiiectors to ¢ompl8ment the exlstlng team. Inductlon and Iralnlng of new Iru$tsa dlro¢tors The Altnhou5e Association holds A number of sernins each year which are made avalabta lo all Trustee direcioTS (o attend. New TTustsg diro¢lors in particular are atso encouragod lo atteThJ thè gr￿U•l seminar for ngw Tnjsteo director8. The Tru51 does not have a bespoke t￿l￿1ng Ix)ur6e for n8w Tru5teB, bul they qul¢kty become inlomied of the Issues by rn88ns of d15CUS8ton al Trustse meellllg¥ and between mee￿￿￿5 by em311 and peT801ial cont4ci. The Trustee's plans forthg forth¢omlno perlod The Irustee dlreGlors continue the updallng of Charity Tru8te9 documentatlon. In Iln8 With Almshouse guidance. The dlr8ctor8 aro b)oking to S8t out a fiv&year [￿&￿eral ￿an lor malorworks to be Carried out 8t Dingl8 Court. Financial risk management Th& Tru9t@e acknowladg&3 ils duty lo Idontify and roviow lfie finanoal risks to wh￿h the charity is •xposed alld (0 8n$Ufè appropriale controls are In place to provide reasollable assuiance against fraud and error. The Trustee has to th15 end &greed F¢nancial Proc£duE8S. which ale op8rat8d by Ihe Treasur8r lor Interim Treasurerl on behalf ol Ihe Tru8le8. Pag8 1

charl Rg ort of thè Tru tee ear Ended 30 A rll 20 REFERENCE AND ADMINISTRATIVE DETAILS Reglst•red Charlty numb 244329 PrlncFpal addrF5S SW Relocations Limited Tha Slables Hortham Farm Horlham Lan8 moiid$bury Bristo5 BS32 4JW Trustee Bethany Home TNstee Llmlted Independent Examlner Dlllpkumar Patel FCA Wormald & PaTineT5 ChsilBred Accountonts BTunel House 11 The Prom8n2dg Clifion Down 8ristol BS8 3NG 2?/9 i /zc?z6 Approved by (Kd8rof Ihe board of Irustge o¥E.............. ... and s￿ned on Its behalf by.. stonè. Twste Pag8 2

mln?rfs Re Bethan Home Charl Truste8 Independent eKamlnos report to the trust0e ol Béth&ny Home Charlty I repgrl tD the chaiity tnJst8e on my examination of thg 8Gcounls of Bèthany Home Charity thè year ended JO April 2025. Responslbllltlès and bas1$ of reporl As Ihe charity trustae ol the Trust you are tesponslble for thg prgpaTatlon of the ac¢ounl8 In accord8t￿ with th8 r8quit8fflen15 of the Charities Act 2011 lryhe Acri. I report In r8spect ol Fny examlngllon of the Charills accounls carried out under Sectlon 145 of Act 8niJ in carrying out my 8xamin8bon I have f(Alowgd all applicablè Difections given by tha Ch8r¢ty Commission undar Sèction 14515llbl ol Act. Independent oxamin¢V$ $tat8m8nt I hav8 completed my oxaminallon. I confirm Ihal no mate¥ial malt8rs havé ¢om• to my attenl¢on in Lvnnfjclio￿ with the 8xamlnation givmig me Cause lo bdieve that In any materfal respoc¢'. accovn￿n9 iecords wcrc not kept in respecl of th8 TTU51as tequiyed by SÈ¢llon 130 of th8 Act- OF th8 accounts do not accord with those records,. or the accounts do not comply with opplicable requirement8 concèrning the form and cont8nl of accounis set out in th8 Chaithes {A¢￿￿ntS and Reports) Regulations 2QOB Dthor Ihan any requlremenl that the accounts give a true aNJ foir ￿e￿ which 15 FLOI a matter considefed as part of on Hidependent exatRlnatsvH. I have no concemÈ and havg Come across Dther matters in ¢onnection with Ihe examlnatoon to which attentK)n shuukl be drawn In th18 r8POrt In order Its enable 8 proper underst8ndlng of thg accounts lo be reached. Dilipkumar Patel FCA Wormald & PartnerB Charler8d Accountants Brunel House 11 Tho Prom8nade Clifton Oo 8S8 3NG Oate.. Pagè 3

8etha . Chall t temènt of Financlal or the Year Ended ctlvl¢l 2025 Total fvnds 2024 Total fvsnds Unr951ri¢led fund Designat8d funds Not85 INCOME ANI) ENI)OWMENTS FROM Olh•r tradlng a¢￿v511&S InvestmEnt Income 49,912 4.08 49.912 4.088 45,152 3.962 Total EXPENDITURE ON Charitablg aclivit18S Services 24,685 24,885 21.901 Other 20,903 26 461 31,270 Total 45.58B 5.558 51.146 53.171 NET INCOMEIIEXPENDITURe} 8,412 15,5581 2,854 (4,0571 RECONCIUATION OF FUNDS To181 fund8 brrwht forward 31,842 127,080 158,902 162,959 TOTAL FUNOS CARRIED FORWARD 40,254 181,75e 158,￿2 The noles form part ol Ihese frnand4 $talements Page 4

?Cha Balan 30 e Sheet 2025 Total funds 2024 Tolal funds Unrastrlcted fun¢J De31gnated fijnds Notes FIXED ASSETS T8ngiblo assets 75.674 49.136 124.810 124.810 CURRENT ASSETS Debtot5 Cash 8t bank 2.836 111,274 4.112 39.203 72,071 42.039 72.071 114,110 111,508 CREDITORS Amounts f811ing duè ￿t￿n ona y 13,6f21 295 13,3171 12,5821 NETCURREIIT ASSETS 38,427 108.926 TOTAL ASSEIS LESS CURRENT LIABILITIES 114.101 121.502 235.603 233.736 CREDITORS Amounts faltsng due aller more than on8 year 173,8471 173,8471 174.8341 NET ASSETS 121,502 161756 FUNDS Unrestricted D8signated lunds.. Prop8rty equily fund Cycilical rnalntenan¢e lund Extraordinary repair8 fvThJ 40,254 31,842 48,097 12,258 81,147 48,Q97 17,818 61,147 121,5U2 TOTAL FUNDS 161,756 168,902 The Inanclal s aiaments were approved by the Board ol Truslaè thr8ctors and oulhork8ed lor I￿u0 on . and were signed on Its beh￿f by.. Stone- Tnfrslee Mr G Hojis tor The note8 fortll part of th?¥? finanoal 8tglem8nts P8g& 5

Homp Notes t Flnaneial Statemen Ended 30 ea ACCOUNTING POLICES Bads of prepmrlng lh• Ilnancial 51al8ment5 The financial statèmerrts of Ihe charity. whiGh is 8 public benefit entity under FRS 102, have been prepared in a￿OrdanCe wilh Ihe Charities SORP IFRS 1021 Accounting and Reporting by ChaAb'8s.' Slalemenl of Recommended PractiG8 appIIc8bl8 to chariiies preparing their accoullts In a￿OrdanCE wlh the FSnan¢lal R8POrting Siandaril Applicablè in the UK and Republic of Ireland IFRS 1021 leff8ctiv8 1 J8Thuary 20191,, Financial R8POrtin Standard 102 'Th& Flnanclal Reporting Standard appllc8blg in tho UK and Repuulc of ITeland' and the Chaiitie8 Act 2011. Th8 fjnanc4al sla18ments have btrefi prepared undèr the hi$lori¢al cosl convention. Income l incom8 Is rècoofiised in th8 Statamènl of Financial Acliwtie8 onrk lh8 charity frfttillemenl lo lh8 funds, It 58 probaNe that the inc4Me wim b8 received and the amoulkt can be tnt>asured rel¥ably. ExpendSlure Llabllilles aro recogTri5ed as expendliure as Boon as Ihere is 8 18gal Dr constwctnie obllgatlcn commtttlng th￿harity to thJt exp8nditure. il is wob2b18 Ihat a transfer ol economic bengfi15 will be required in selilemenl and the awnount of (he DblSgHIlo￿ b6 measured reliabty. Expenditure Is accounted for on an accrua18 basis and has bgan ¢1885ifled under headings that aggregate all cost related to the ¢alegory. Whwe costs cannot b8 dirécily altributed lo pgrticular hgadings they have been ollocaled to gdivities on o bas18 conslstent wllh the us6 of r8sources. Tanglble fix8d assets No deprgclatlon Is charged on th8 freehold p¥operty as its eslirnated useful eoonomlc lifo exceeds 50 yew8 8nd any doprocialioTh chArgsd would be imm8tétial. freet￿Id property is mainlain8d in a 5taiÉ of rep8ir such thal the 8Stimated re5i(knal value 15 not less Ihan Ihe Balance Sh&&tvaluè WFth Ihe $lat8d valuè not ex¢eeding th8 récoverable amount. The Truste* dw¢¢lors do nol consldgr Ihat any impairmeTrt in Iho I￿ahOld propèry valuè has tak6n dace during I Taxatlon The charily18 exempt frDm tax on its charitsble actlvllie8. Fund aG¢oun¢lny UnreslriGtBd funds c8Th be in a¢cordance with Ihe Charflablg objeciives at tho di8c¥el¢on of th& Trnstee. Dasignalgd lunds ean onty b& used for particular designated purpos85 Withln th& objec15 of th8 charity. Restr￿110￿5 arisè when sp8cified by the dDnoror wh8n f￿ndS 816 rai$8d lor particular designated purpos8S. FurlhÈr èxplanation of tho naiur8 and purpos8 of aèch fund is ifttludad in the notes to Ihe financial stai8ments. OTHER TRADING ACTI￿nE5 2025 2024 re¢gwed Dlngle Court E]eclticily ¢antribulions Use ol ouost room 47,188 2.569 155 42,405 2,647 100 49.912 45.152 Pag8 6 contitlU8d...

Ho ChaTI es to lh& F'nancidl Statemen fEn edj -¢0 202 INVESTMENT INCOME 2025 2024 D&posiL aocounl inteTegt TRUSTEE DIRECTORS REMUNERAlloN AND BENEFrrs COMPARATIVES FOR THE STATEMENI OF FINAMCIAL ACTIVITIES Unr8$lticled Trd DesigTr8t8d funds Total funds INC(IME AND ENDOWMENTS FROM Other trading activili¢s Investtnent Incorn8 45,152 45,152 3,962 Total 49,114 EXPEND￿uRE ON Charitsble dGtlv¥tlo¥ Sèrvices 21.901 21.901 Olher Total 45.031 53,171 NET INCOMEIIEXPENDITUREI 4,083 18,140} 14,0571 RECONCILIATION OF FUNDS Total funds brO￿ght forward 27.759 135,2(X¥ 162,959 TOTAL FUNOS CARRIED FORWARD 31.842 127.060 158.9DZ TANGIBLE FIXED ASSETS Fieehakl Property COST AÈ l May 2024 and 30 April 2025 124.81U NET BOOK VALUE At 30 April 2025 124.810 AI 30 April 2024 124,610 Tho Ireehold property al Dinglg Court comprises 10 unit8. The ¢h8rity ieceivBd a £170,912 Houslng Asso¢l#llon Grant IHAGI from the Houslng Corporatton lo rethc8 the cosl of developlng this Ire8hold property. The total cost of the proporty and Its dev8lopm6llt was £295,722. The flgure shown on the balance shgel fs the totgl c051195b th8 HAG as It is deemed to bé 8n gccurale rgQeclion of the cost ol Ihe fr88*￿Id propety lo Ihg Charlty. HAG is repayall8 undor oertain clicurn5tan¢8s. prIM￿rilY lollowlng the 5a18 of prop8rty but wll norm811y be reslricl8d to proceeds of sale. Pagè 7 conlinued...

s to tho Fln ncial Sialemenl8- fo ear Ended 30 A I ntlnue 025 DEBTORS: AMOUNTS FALLING DUEWtFHIN ONE YEAR 2025 2024 Debtors and ￿paYments 4,112 CREDITORS: AMOUNTS FALLING OUEWITHIN ONE YEAR 2025 2024 Other credltors 2,582 CREDrroRS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2025 2024 Olhercredltors Other creditors ovtr ono year Is mad8 up of 8 mortgsgg advanced by the Housing Corporation Ihat is Socured by a legal charg& over the frèehold land bulldlngs. The loan Is repayable over 60 years by equal hair yearly instalthwiils of prlncipal and Interesl al an inleresl rale of 10.375Va por aiinum. The total loan oulslanding at the year gnd was £73.847 {2024= 74,8341. 10. LOANS An analysis of the maturKy of toans 18 giv8n below.. 2025 2024 Amounts falling du8 ￿thIn ong year on demand.. Hwslng loan 988 986 Amount8 falling belweers on8 years.. Housing loan 73,847 MOVEMENT IN FUNDS movement In funds Al 30.4.25 At 1.5.24 Unrestrictod fund$ G8n8ral fund 31,842 8,412 40,264 D8slgnat8d ￿ndS Property equlty fund Cycilical maintènance lund Extraofdinary Yopairs fund 48.097 17,816 61,147 4e,097 12,258 61.147 15,5581 127.050 5,558 121,502 TOTAL FUNDS 158,902 2,854 1é1,756 Paga 8 ¢ontlnued.-.

Bolha e Charl Note8 10 h Financial hr ments . contlnue 30 A rf12025 11. OVEMENT IN FUNDS . eontlnu&d Ngt movement In ftjnds, Inthdgd In the abov8 are 85 follows.. Incomlng TeEouice$ Resowces expgndod Mov8m8nt In fund Unrestrlctsd funds General luThd 54,000 (45.5881 8.412 D8slgnat•d Cycilical malntenan¢è fuftd 15,558 15.5581 TOTAL FUNDS 511461 2,854 Comparatlvtrg foT mov8mentln fund8 Net movamant in funds Al 1.5. 30.4.24 Llnrostrfcted funds GÈnerydl fund 27.759 4.083 31.842 Daslgnated fvnds Propefty equity fund Cycilical [nainlenan￿ fund Exli8ordln8ry iepolrs fund 48.097 25,956 61,147 48,097 17.816 61.147 18,1401 135,200 8.1401 127.060 TOTAL FUNDS 162,959 Comparalive net movemÈnl in fitnds. ineluded in the above are a6 follw#.' Incoming Te8oiJrces Re8our¢e5 expended IAovèmenl In lunds Unre$trlct8d funds Gener31 fund 49,114 I￿.031} 4,083 Deslgnated funds Cy(¥lic81 tnaITrtenan￿ fund 18,1401 18,1401 TOTAL FUNDS 49,114 53.171 4,057 Pago 9 ntinu8d...

Betha Hom• Cha Notes h FinanclBI Statements- ear End8d 30 11. MOVEMENT IN FUNOS- contlnued A current y88r 12 month$ prlor y8ar 12 months cgmbined position 15 bs follows.. N8t nvbvgrneytt in fund8 At 30.4.25 Al 1.5.23 Unrestrtct•d luThtls Gen&Tal fvnd 27,Y59 12,495 40,254 De$l9natsd funds PrttpÈty 8quity fvnd Cydlical malnt8nane8 fund Extraordlnary repairs furKI 48,097 25.956 61,147 48,097 12,258 61,147 113,6981 135 13,698 TOTAL FUNDS 162,959 161.756 A current year t2 m(mths and prior y￿r 12 months ¢oMbin8d net movernent in funds, Induded in abov& ar8 as follows.. Incoming ources R88011r¢e8 expended MovemBnt in funds Unrostrlcted fundB General fund fj03,114 19Q.6191 12.495 D•5ignated funds ¢y￿lical mainteDance fund 113.6981 113,6981 TOTAL FUfrIDS 103 114 1104 317 1,2031 12. RELATED PARTY DISCLOSURES The￿ were no rolated Party transaciions for Ihe year 8nded 30 April 2025. 13. DESIGNATED REseRVES The Designrlted Reserves atE'. Proparty Equlty Fund Thls Is thè nomlnal equity valuo In Ihe property as a resultof annual payments made under the repaymth mortgage. c￿ll¢al Malntenanc• Fund This Is a récornmended fund, lo whld) the charity Is requlTed by the Amhouse Assoclallon to transfer a recommended minimum level from Ihelr unr86lrKtod r*$6rves on an annual ba$ls to mg8t the 8nnu81 and qulnwennlal malntenafKe Schedule. Extraordlnary Repairs Fund Thi5 is a Yecomrn8nded fund. to which Ihe charity is reqUI￿d by the Almhou8e As9rtiation tts transfer a recommend8d mlnlmum level from tholr unreslrfctad resorves on annuiil bdSiS. Th8 fund Is availatsl8 for ustr only when 8xtraordinary repair5 are rèqulrfjd to ttte prcy8rty which are not ol a cyclical natur8. Pagb 10

an Ho Detslled Statem ho Yea nt of Flnancial Actlv 2025 2024 INCOME AND ENDOWMENTS O¢hortr8dlng activltigs Renis recglved Dinglg Court Elèclrlcity contribution8 Use ol guest room 47.188 2.569 155 42,405 2,647 100 49,912 45.152 Inveslment In¢om8 Deposlt acwunt Iitsrest Total incoming r•souw•$ 54.000 49,114 EXPENDITURE Charltablg activities Rates. wa18r and insurdnc Light and heal V8canlffl81 cosis 3,956 3,305 3,236 2,￿5 7,261 7,549 OtheT Repalrs and malntensnce Cyclical maintenanc8 20,903 5,558 23,130 8,140 26,461 31,270 Support¢osl$ Flnanc& Interesl on anrn¢lty 7.833 7.934 Gov¢mance costs A￿OUl￿ncY TTavelling and ttdmkn1s1ra￿on Sunilries 1,032 8,441 118 4,728 850 9.591 6.418 Total resourees expended hl•t In¢omell8xpondltur•) 2.854 4.0571 Th15 page doe5 tiol lotrn p811 of the statutory fiTrsnGis15tstemenls Paga 11

Your Ref:

Our Ref: VP/SHA/3882

When telephoning or calling please ask for Mr Patel

Date: 27 January 2026

FOR YOUR URGENT ATTENTION PLEASE

Mr Kelvin Stone 2 Heart Meers Whitchurch Bristol BS14 9NY

Being sent via email only to: [e-mail]

BRUNEL HOUSE 11 THE PROMENADE CLIFTON DOWN BRISTOL BS8 3NG

Telephone: [phone] Fax: [phone] Email: [e-mail]

Partners:D.R. Patel, F.C.A. V.D. Patel, F.C.A. Associate Partner:S. Alker, F.C.C.A. Consultants:N.A. Dando, F.C.A., Dip. P.F.S. A.R. Kitts, B.A., F.C.A., C.T.A.

Dear Kelvin

- Bethany Home Charity Charity accounts for the Year Ended 30 April 2025 - Bethany Home Trustee Limited Accounts for the Year Ended 30 April 2025

Further to our recent correspondence, we are pleased to advise that we have now completed the accounts of Bethany Home Charity for the above year, which have now been signed and approved by the Board of Trustees. We enclose copies of the above-mentioned signed accounts for your records.

We assume that, as usual, you will arrange for the filing of the accounts with the Charity Commission in due course.

Other Matters

In previous years the Housing Corporation have asked us to produce a letter for the purposes of drawing attention to the matters which arise during the course of preparing the charity’s accounts. Taking into account the size of the charity and the number of personnel involved, it is our view that there are no material matters which would be required to be highlighted in any such letter. It is our view that the charity is very well managed. In order to comply with the requirements of the Housing Corporation, a copy of this letter may be attached to the accounts when submitted.

Finally, we take this opportunity of enclosing a note of our costs in connection with the preparation and review of the enclosed accounts for your kind attention in due course.

Website: Registered to carry on audit work in the UK and regulated for a range of investment www.wormaldandpartnersaccountants.co.uk business activities by the Institute of Chartered Accountants in England and Wales

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Please do not hesitate to contact us with any points on which you require additional information. We look forward to hearing from you at your earliest convenience.

Yours sincerely

V D Patel ([e-mail]) Wormald & Partners