Essex Hall Registered as a charity, number 248442 Incorporated under the Companies Act A Company Limited by Guarantee, number 00023132 REPORT AND ACCOUNTS 31 DECEMBER 2025 Relerences and Adminislrdtive details Trustees. Annual report 24 Report of the Auditors Statement of Financial Activities Balance Sheet Siaiemeni of Changes in Equity 10 Cash Flow Statement Notes to the Accounts 12-17 Page I ESSEX HALL REFERENCE AND ADMINISTRATIVE DETAILS Registered charity name Cbarity Registration Number Company Registration Number Essex Hall 248442 00023132 Trustees and directors during the vear and up ¢0 the date of signature of the fjnancial statements Alan R Ruston (resigned 06 October 25) Dr David L Wykc5 (Chairman) JetlreN' J Teagle (resigned 28 May 2025) Andrew G Mason F.li7.abeth Slade R¢v Martin Whil¢ll Sarah Boyce Joanne-l- O'sullivan Diane Romano-wood￿..ard Ra!Inond Harding I'l redsurer) Jenny Jacobs (appointed l O June 2026) Secretary AndreM G Mason Prlncipal and ReElsttred Olfiee E.'44LX I lall 116 Essei Si London, WC2R 3HY Audilors Shaw Gibbs IAudit) Limited 264 Banbury Road Olford. OX? 7DY Bankers CAF Bank Ltd 25 Kings Ilill Avenue 'est Malling. Kent. ME19 4 JQ Inv¢5tm¢nt M¥nag¢rs Redmayne Bentle), 3 W'ellington Place. Leeds. LS14AP Page 2 TRUSTEES, ANNUAL REPORT INCORPORATING STRATEGIC REPORT Chgrity Registration Number 248442 The Trustees, ￿,hO are also directors for the purposes of CompanN' Law, have pleasure it) presenting their rcport and the financial 51aitments olihc charity for the year cnded 31 DcLember 2025. STRUCTURE, GOVERNAIYCE AND MANAGEMEIYT The charit). is registered iviih ihe Charit!. Commission in F.ngland and Wales. and is a company limited by guarantee rcgi5tcrcd at Companies Housc. The chdrily was incorporaltd on 5 August l 886 and is governed by its Memorandum and Articles of Associaiion, which were amended in May 2019. Risk Management -l-he Committee have examined the mdjor strategic and operational risks ￿'hILh the charity faLes and conlimis ihai si'stems have been esiablished io enable regular reports io be produced so ihai the necessary steps can be laken to lessen these risks. Membership There iiere g Members al ihe end of2025 (2024..10). Publle Benefit 'I'hL IrustLLS have taken into account the Charity Commission guidance on public benelil and believe that ihe aciivilies of the charit). are in line ii.iih ihai gjuidance. OBJECTIVES AND ACTIVITIES The objects for which the Companv is eslablished are specifically restricted to: the promotion of religion in accordance M'iih the principles ofihe General Assembly of Unitarian and Free C hri51ian Churche5: and such other object or objects. relibyious. educational or oihernvise eNclusivelN' charitsble. and in such manner in all respect5 a5 Ihc Directors of the Q ompan). shall from time to tiine in their unfettered discrelion decide. The Charity s aciivities have included: Making acLommoKlalion available for the General Assembly of Unitarian and Free Christian Churches and the British and Foreign Unitarian Aswcialion (Inc) Providing a meeting place for Unitarian and kindred l)udies in the London area Renting surplus accommodalion to commercial organisalions OL'La5ional letting5 of mccting room5 to oulsidc bodie5 Providing a grant lo ihe General Assembly of Unitarian and Free Christian Churches b) d) FINANCIAL REVIEW Page 3 Resen'es Policy Rent Reserve- The Twst's policy is lo matntain sufficienl reserves to meet current anticipated Repairs Reserve- The Trust's policy is lo maintain sufficient ￿serveS to meet anticipaied repai￿. Sinking Funds- Sinking Funds have been set up to meet predicted future costs for known large capital items: the roN)f, lift and healing system. Investment Policy The investment objective is lo maKimise a balanced relum from income and capital over the longer term ithoui taking undue risk. This is aLhieved bi. investing prinLipallN' in listed common inweslment trusts and filed interest stocks. The t"olloii'ing ethical reslriclion applies lo Ihe portfolio- direct inveslment in armament. tobacco. alcohol. gambling and fossil fuels. Tenants, Report Ground Iloor front.. the fomer unoccupied shop is now occupied by The General Assembly, and il is iniended io refurbish this space in 20?6 and 2027. Ground Floor.. The 0￿1Cc5 al the rear are occupied by The General Assembly. The General Assembly also occupies Sic)ragye spaLe in parts ofihe basemeni (including the old shop kitchen space). the Harinan Room in IhL basL'mLnl. and a (iruund floor RLKcplion. First Floor.. l.iiilc F.sscx Sireel Service Company (previously Brick Court Chambers) occupy the entire rirsl Iloor utli¢¢ Space. Second Floor.. Liiile Essex Sireel Service Company {previously Brick Court C"hambers) occupy the entire se¢ond floor offi¢e space. Third ri(K)r.' Liiile Essex Street Service Company (previously Brick Court Chambers) occupy the entire third floor oflice 5pac¢ (excludinbj Ihe Caretaker 5 Flal). PLANS FOR FUTURE PERIODS The Trustees ivill conlinue lo let out space in Ihe building in order lo further the Trusl's aclivities and objcctives. Plan5 remain undcr considcration for projcct5 in 2026 & 2027: l. Rcfurbishment of the old ground floor shop space. and the Harn)an Room in the Basement; 2. Replacement ofthe I leating Syslem and possible inslallation of solar panels: 3. Update of the building'5 fire alarni system. CAPITAL COMMITMENTS There are no fornial capital ¢ommilments at th¢ year end. ACHIEVEMEiYfs AND PERFORMANCE There were no significant change5 to eipenditure during the j'ear and thi5 15 reflected in consistent service charges. Dividends and interest income decreased slighilN' and the value ol listed investnienls rose, resuliing in a surplus of £190,583 after unrealised gains and losse5 on investments. Page 4 RESPONSIBILITIES OF THE TRUSTEES The trustees (Ivho are also directors of EsseK Hall for the purposes of companN- laiN') are responsible for preparing the Trustees Annual Report and the financial staiements in accordance ￿'1th appliLable laii.. and United Kingdom A¢¢ounting Standards (United Kingdom Generall), Accepted Accounting Practice). Company requires the trustees lo prepare financial statements for each finanLial year, which give a true and tair vie￿. ol'ihe S￿le ot aftairs of the charitable compani.. and of ihe incoming resources and appliLdlion uf re50ufLes, inLluding Lht inLomc and cxpcnditure. of thc chdritsblc Loinpany for the ytar. In preparing these linancial sthtements, Ihe Irustees are required to.. Select suitable accounting policies and ihen appl!. Ihem Lonsisiently Observe the meihods and principles in ihe Charilies SORP (FRS 102) Make judgements and estimates that are reasonable and prudent State i¥heiher appliLable UK ALcounling Siandards have been folloived. subjeci to any maierial departures di￿]￿￿ed and eNplained in Ihc financial statements Prcparc Ihc linancial slalcmcnls on thL' gyoing conccm basis unless it is inappropriale lo presume that the Lharitable compan). will continue in operdiion. The irusiees are responsible for keeping proper ac¢ouniing records w".hich disclose with reasonable accuracy al any time ihe linancial position of the charilable compan%. and enable them lo ensure that the rinan¥ial statem¢nLS Comply iyith lh¢ Companies Aci 2006. They ar¢ also responsible lor safeg?uardinb' the asseis ol'ihe charitable companN' and hence for lakingj reasonable sleps for the prevention and d¢i¢¢lion ol. fraud and i)thL'r I￿¢&￿Ularl11e$. In 50 far a5 Ihc Iru51ees are aware.. There is no relevanl audil inforniaiion ofwhich Ihe ¢harilv s audiiors are unaware. and The Irusiees have iaken all Sleps thai ihe). OU&Fhi to have taken 10 make Ihemselves aw'are of any relevant audit infomiation and lo establish that the auditors are aware of that infomiation. Auditor Fol lowing a revie￿ ol'ihe Charily's audil arrangements. the members resolved at the Annual General MLLtinb> lo appoint Sayer5 VinLent a5 auditor of the charitable compan)". ALcordingJly, Shaw Gibbs (Aiidit) Limited ivas nol reappoinled under the provisions ofsection 487(?) of Ihe Companies Act 2006. The trustees annual report H'hich iniludes the strategic report has been approved by the trustees on 14 Aug.2026 and Signed on behalf of Essex Hall bj" r￿1 Registered Office Essex Hall 1-6 E55ex Street London WC2R 3HY Signed by order of the trustees Andrew" Mason, Secretary Page 5 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ESSEX HALL Year Ellded 31 Deeember 2025 Opinion We have audited the financial statements of Essex Hall (the 'charilable companv,) for the year ended 31 Deccmbcr 2025 w'hiLh eumprisc the 5tatemcni or rinancial aLtiN'itics. the balanLc shcct. the stalcmcnt of cash flO￿'S and notes lo the linancial statements. including significant accounling policies. The tinancial reporting frameTh'ork that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Staiidard appli¢abl¢ in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the tinancial stalements= give a true and fair vieiv of ihe siaie of the ehariiable company's afTairs as at 31 December 2025 and of its incoming resources and applicalion of resources. for the Vear then ended- have been properly prepared in accordance wilh Uniied Kingdom Generall), Accepted Aceounling Practice. and hawe been prepared in accordance wilh the requirements ofthe Charilies Act 2011. Basis for OPiDjOD We c()nducted our audit in accordance iviih Intemalional Standards on Auditing IIIK) (ISAS (UK)) and appli¢abl¢ law. Our r¢5ponsibiliti¢s und¢r Ih05¢ stsndards ar¢ furth¢r d¢s¢rib¢d in lh¢ Audilor'5 respc)nsibililies tor the audit ol'the financial siaiements section of our report. We are independent ol'the Lharilj in a¢cordani¢ iviih Ih¢ ¢ihi¢al rL'quir¢m¢n15 thal rclcvanl lo our audil of Ihc finaii¢ial statements in the IIK. inLludinbi ihe FRC. s F.IhiLal Standard. and ive have fullilled our ()Iher eihical resp()nsibilili¢s in accordance w'iih Ihese requirem¢nts. We believe Ihal thc audil cvidcnce wc have obtained is sufficient and appropriate lo provide a basis lor our opinion. Conelu8ions relatlllE to going eoneern In audilingy the finanLial slalemenls. we have concluded thal the IrustcL' directors, use ol'the gjoing ¢on¢ern basis of accounling in the preparaiion ofihe finart¢ial stai¢m¢niS is appropria1¢. Based on Ihe ivork we have perfomed. Ive have nol idenlified any material uncertaintie5 relatinb? lo evLnts or conditions that, indii iduall). or colleLlivcl!'. may Last sigynificanl di)ubt on thc Lhdritw s ability to continue as a going concern for a period of ai least livelve monihs trom w.hen Ihe linancial 51alemenls are auihorised for issue. Our responsibilities and the responsibilities of the trusiee directors ￿'1th respect lo going concem are described in the relevant sections ofihis report. Other information Thc othcr intorinalion comprises the inforniation included in the annual report other than the financial statements and our auditor's report thereon. The trustee directors are responsible for Ihe oiher infomialion containcd within Ihc annual rcport. Our opinion on the financial statcmcnts docs not covcr thc othcr information and do not express an). forni ofassurance conclusion thereon. Our responsibility is to read the other information and. in doing so, consider M"heiher the other infom]ation 15 materially inconsislent with Ihe financial slaiemenls or our know ledge obiained in the course of Ihe audit, or othern'ise appears to be materially mi5Stated. If ive idcntify such material inconsistencies or apparent material misstatement5, we are required io dctemiine M"hciher this gives rise io a ma(erial misstatement in the finanLial statements themselves. If. based on ihe work ive have pertornied. M"e Conclude ihat there is a material misstalement of this other infomiation, i*"e are required to report that fact. We have nothing to report in this regard. Page 6 Matters which we are required to report bv exception We have noihing to report in respect of ihe folloii'ing marters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to s'ou if. in our opinion: the information given in the financial statements is inconsistent in any material respect ivith the trustee directors, report. or sufticient accounting records have not been kepl- or the financial statements are nol in agreement ivith the accounting records; or we have not received all the inforniation and explanations ive require for our audit- or Respon5ibilitie5 of trustees As explained more tullj. in the statement of trustee direciors, responsibilities. the trustee director& who are also the dir¢¢tor5 of the Charity for th¢ purpose of company laiv. arc responsiblc for the preparation of the financial stalemenis and for being satisfied ihal they give a true and tair view, and for such internal control as Ihc trustc¢ dircclors dcteminc is necessary lo enable Ihe prcparalion of financial 51alements that are free from material missiaiemenl. ￿'hether due io fraud or error. In preparingy the financial slaiemenls. the trustee directors are responsible for assessing) the eharily's ability. to cc)niinue as a b?oingi concern, disclosing¥, as applicable. mailers related to gjoingi concern and using, the going ¢on¢¢m basis of aL¢ouniing unless the irusi¢e direciors either intend to liquidate the charitable company or to cease operations, or have no realistic altemative bul to do so. Auditor's responsibilities for the audit of ihe financial slatements Wc have bccn appoinlcd as auditor under seciion 144 of Ihe Charities Aci 201 l and report ift a¢¢ordan¢e with the ALI and relevani re&Trulalions made or havinu> effect Ihereunder. Our objeLtives are lo obtain reasonable assurance about ￿.hether the financial staiements as a ivhole are tree Irom material mis51alemenl. heiher due to fraud or error. and lo issue an auditor's reporl thal includes our opinion. Reasonable assurance is a high level ofassurance but is not a guarantee Ihat an audit conduLted in accordance w'ith ISAS (UK) M'ill al￿'ay5 delect a material misstalement when il exists. Mi8slatemenls can arise from Iraud or error and are considered material it.. individually or in the ag'girebiale. the). could reasonably be expected to influence ihe economiL decisions of users taken on the basis ot these linancial .statemenls. Page 7 Irregularities, including fraud, are insLinces of non-compliance i%'iih la￿S and regulations. We design procedures in line ￿'1th our responsibilitie& outlined above. to detect material misstatements in respect of irregularities, including fraud. The eiteni lo iihich our procedures are capable of detecting irregularities, including fraud. is detailed beloiv. At ihe planning slage of the audit ive gain an underslanding of ihe laws and regulations which apply to the Lompany and hui* ihc management scck to comply w'ith those laii's and regulations. This helps us lo plan appropriate risk assessments. 2. Durin¥ Ihc audit I￿.￿ fuLU5 on relcvant risk areas and revieiv the compliance ivith the laws and regulations by making relevani enquiries and undertaking corroboration. for example by review'ing Board Minutes and other ducumcntalion. 3. We assess ihe risk of material misslalemenl in the financial statements including as a result of fraud and undertuok procedurc5 including= ReVle￿.1ng the conirols set in place by management. b. Making enquiries of managemenl as tu M'hether they consider fraud or oihcr irr¢gularity may have taken place. or w here such opportunily. mighi exisi; C"hallengying managyemenl assumplions ￿'Ith regard to accounling eslimates: and d. IdeniifyingJ and iesiing journal eniries. pariicularly those which appear to be unusual by sizc or nature. Because ot the inherent limilalions of an audit, there is a risk that ￿e ifvill not detect all irregjularilies. includingi those leading lo a material missiaiemeni in ihe financial siaiemenis or non-complianLe wilh regTulali()n. I'his risk increases the miire Ihat compliance ii'iih a lai¥ ()r reg¥ulation is rem()ved Ir(Im Ihe events and Iransaciions reflected in ihe financial siaiemenis. as th".e i¥'ill be less likelv to become aware c)f in8lunLes of non-Li)mplianLe. The risk is also byreater regJardin&) irregjularilies oLLurringJ due to traud raihLr Ihan error, as fraud involves inlcnlional conccalmcnt. forgery.. collusion. omission or misrepre8eniaiion. A further description of our rcsponsibilitiC8 is available on Ihc Financial Rcporting Council'8 ii'cbsite at.. htlps.'//ivwi%'.frc.cirgJ.uklaudilorsresponsibililies. This descriplii)n fonns part of our auditc)r's rep()rt Use of our Report This report is made solely to the ¢haritabl¢ ¢ornpanv s members. as a iK)dy. in accordance with Part 4 of the Chariles {AcLounls and Rew)rts) Regulalions 2008. Our audil ￿..ork has been undertaken so Ihat we might slate lo the charitable Company's Members th05e matters He are required lo state to them in an auditor's rcport and for no oihcr purp05c. To thc fullc51 cxtcnt pcrmittcd b). law. H."c do not acccpl or assume responsibility lo anyone other Ihan the chariiable LompanN and the charilable company s members as a body. for our audit M'ork. for this report. or for the opinions ive have tomied. Z. S,￿. (A.JA) L,-4a 14 Aug 2026 For and on behalf of Shajv Gibbs (Audit) Limited. Statutory Auditor Chartered Certified A¢¢ountaDts 264 Banbury Road, Oxford, OX2 7DY Page 8 ESSEX HALL lllcorporAted ullder the Companies Aet A Compani. Limited bTr Guarantee STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 I Inr￿tnrt9rt Flintl< inrthMl• Fw*lsx#l V I R•66.890 690.998 Page 12 ESSEX HALL NOTES TO THE ACCOUNTS- 31 DECEMBER 2024 I) ACCOUNTING POLICIES a) Charity Information Esse.¥ I lall is a private Lompany limited by guarantee incorporated in England and Wages. The registered oflice is F.ssex Hall. 116 Essei Si. l.ondon, WC2R 3HY. b) Ba.$is of preparatio -I'he finanLial statcnicnts have been prepared aceordance M.'ith fRS 102 'The financial Reporting Standard applicable in the UK and Republic ol- Ireland", (FRS 102). the requirements uf thc Companies ALt 2006 a5 applicable to companies subjcLt to the small Lompanics rcgime and Statement of. Recommended Practice Accounling and Reporting bi. Charities (SORP FRS 102). 'I'he tinanLial statemcnts are prepared in slerling. ii,hiLh is the functional LurrcnLy of th¢ charity. Monetary amounts in these financial sraiemenis are rounded to the nearest £. The financial slaiemenis have been prepared on the historical cost convention, modified to include listed investmenls and freehold property at fair value (effectively market value). The principal accounting wlicies adopled are sei out below. Essex Hall meeis the definiiion of a public benefii eniilS' under FRS 102. e) Charltable funds IlnrLslriilLd lunds are available for use at the discrelion of the trustees in furtherance ol'ihe byeneral objectives of ihe charily. Reslricled funds are represented bv income received for specific purpose5 as laid down b!. the donors. ExpLndilure meeiingJ the criteria of ihe specified purposes is Lharg>ed agjainsi Ihe lunds, togeiher with a fair all￿allOn ofoverheads and support CO515. Designated funds are unrestricted funds earniark'ed by ihe Board for particular purpose5. d) Reconcili#tion with prel'ious GenerAllv Accepted Accounting Practice The5c linanci&il statcmcnt5 lor ihc )'car ciidcd 31 Dcccnibcr 2094 arc prcparcd in accordance with FRS 102. the FinanLial Reporting Standard applicable in the UK and Republic of Ireland. e) Incoming resourees All incoming resources are recognised once ihe charily has entitlement lo the resource5. It is certain that the resourLe5 w.ill be reLeived and the monetary. value of incoming re50ufLe5 can be measured w'ith sufficient reliabilily. Th¢ folloii'ing Sp￿lf1¢ policies are applied lo parlicular categuries ot- incume: Rental income is recognised as the amount receivable in the year. Service charge incumc 15 recogni5ed th.hen the 5ervice5 are incurred. Investment income is recognised on a receivable basis. Rcsour¢¢5 expend¢d Resources expended (including grants) are included in the Statement of Financial Activities on an accruals basis. inclusi￿e of ani. VA T ￿'hICh cannot be recovered. and are classified under headings that aggregate all costs related to that activity as detailed in note 2 to the financial statements. Page 13 g) Pensions The pension costs charged in the financial siatements represent the conlribuiion payable by the company during the year. h) InTr'estment properties Inveslmeni properties for ￿'hICh fair value can be measured reliabl> H.'iihout undue cosi or effort are measured al fair value at each reporting dale ii'ith changes in lair value recognised in 'net gains/(Ios5e5) on investments, in thc SUFA. i) Fixed Asset investments Listed investmenls are sthted al market value. Changes in market value are credited or charged to Ihc Statemtnt uf l.inanLial ALtivitics. Gains and/or losse5 arising from thc dispo￿[ of shares are recognised as being realised ii'hereas gains andlor losses arising from the movement in share price5 are reLugnised as being unredlised. j) Taxation Essex I lall is a charithble institution M'iih exemption from UK Corwraiion Tax under Section 478 ot Ihe Corporation Tax Act 2010. k) Financial instruments The Lhari(!' has eleL'ied to apply ihe provisions of Seciion I I 'Basic Financial Instruments. and eclion 12 "Other Financial Inslrumenls Issues. of FRS 102 10 all of ils financial instrumenls. l) Going concern At the limL ol'appr()vinsJ ihe financial siaiemenis. Ihe iruslees hawe a reasonable expe¢lation Ihai the Lharity has adequale resourLes Ic) ci)ntit)ue in operation e.KislenLe for Ihe r()resL'L'able future. -l-hus. thc truslLL5 Lonlinuc to adopl thc gioin&F conccrn basis of accountingj in pK'paring> (he rinancial stalemenis. m) CriticAI accounlin% estimates and judgements In the appliialicin c)f Ihl iharil!. s a¢Liiunling p()liLiLs. the truslees are required to make judgJemenls. eslimales and assumptions obout the carrying amount of a55ets and liabilitie5 that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factor5 that are considered io be relei'anl. Actual results may differ from these estimales. The esiimales and underlying assumptions are reviJi'ed on an ongoing basis. Revisions to accounting estimate5 are re¢ognis¢d in the period in w.hich the estimate is revised ii,here the revision affeLts only thai periiKI. or in the period of the revision and future periods where the revision atyects boih current and future periods. The eslimates and assumplions ￿'hICh have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as folloivs: Investmellt Property Valuation The inveslment property is measured at markd value. Ivhich is nol considered to be materially diftcrcnt from the fair value, at the )'ear end date. The tru51cc5 estimate the market value of the property at each year end taking int consideralion the underl}'ing market conditions and evidence of the transaction prices for Similar propertie5 in the area. Page 14 ESSEX HALL lllcorporAted ullder the Companies Aet A Compani. Limited bTr Guarantce For the l'ear ellded 31 December 202$ Toi Toial C•m 13,211 1,S19 13,211 1,S19 16, 16.138 60.7 1.456 12,614 11.1 22.011 22,9)2 95S 15,860 11.542 42.635 16. 16.138 68,795 1,456 12,614 6<0 C¥ewir4 wj Cl?￿ry Rewrs 23,678 7.878 $4.$23 .0511 8.530 •r T¢*1 C• C• 22.502 22.S02 9SS 15.8e 11.542 42.63S 628 23.678 7.87 54.523 12,0511 15.e 11,542 628 23.678 Rwr• 51.Tn J C*tl wrik (11 6.165 402x1 6.165 184.399 144.149 31.647 31.llll 33.427 1.698 64.345 14 exw*e• d￿Med m £912 Tna*eJ IXJ24". ÉJS21 3-ThITSnlDTPROPERTh" Page 15 ESSEX HALL lllcorporAted ullder the Companies Aet A Compani. Limited bTr Guarantce For the l'ear ellded 31 December 202$ FLW.4SSET LNIESlJtL%15 20?4 2024 1130.881 1.038.714 l•ss aws* ¥ ¢wry l)ook ¥*• 14:.5S11 63.119 ri.30:1 1.031.754 R•Jbs•a b)s$1 as x 31￿ D•c•ffknK2)X .881 1.029.31 DEBTORS 2024 2024 lJl.379 19.193 149.573 7.072 .140 CRED￿oRs.. AJIOIThIS FALLLIG DIT IIIThL% OIT IE4R 2024 ?o!J 23.IX 84.015 35.107 137 17.54J 35.895 Tr>d• ty•dtr5 T48.110 141.24 Page 16 ESSEX HALL lllcorporAted ullder the Companies Aet A Compani. Limited bTr Guarantce For the l'ear ellded 31 December 202$ i)￿ST￿cTED 201< 30.481 2014 .401 1.417.835 1239.7(A) 1514Y2 &DESIG%ATED FiTr•S ILLNIE L%COJILNG OIIGODG BALLNCE 0101 •- RESOITrCES RESOIIICES 295.082 370.082 370.682 REs￿(TED 4LLICE oi oi • IrA.282 37.937 28.478 7.511 L%COJILIG Trx•slw BALKICE RESOIIiCES b•th••M f•*di 5.314 SY&•)g Fw#J Smkng Fw#J 118.198 43.127 13 -lo.￿3 12.&57 1￿cAPITAL COJlJltniLIIS 11.L£IBILfn" OF JIEJI8ERS Th* 31* D•wr*v 2025 912024.. 11 Page 17 ESSEX HALL lllcorporAted ullder the Companies Aet A Compani. Limited bTr Guarantce For the l'ear ellded 31 December 202$ I? L)ALys￿ Or￿[AsSET5 BrnITLN FLThI>$ Fuds Fud8 RtseThé Tangt4e Fixed Assets Imstments C￿￿*r￿ A¥#•t> 345.726 1.031.754 1)7.062 1.514.$42 6.$54.274 6.900.000 1.031.7S4 690.609 8.630.363 J70.602 370.682 190.86S 6.554.274 *0*4 6.554.274 6.900.000 980.881 558.899 8.439.780 TanGl￿e Fixed As$d$ In¥*stments N•t Cuff•nt Ass•ts 34S.726 9￿,881 10.009 16 370.682 370.682 178.208 178.208 6.554.274 13. REC'ONCILL4TION OF ThCOIIE I (El￿NTIl￿￿E) TO C.4SH FLOII. FROII OPEIL4rnG.4cmiES Net I 1exFthJrtu￿I yw I 190.583 35.907 Adlll%tmuts for: 148.0941 ($0.951) knl¢rcs¢ r¢¢¢Nobl¢ Depreciats'on and impa'm)enl of fmed assets {Gair61 I k6ses cn 1rNes￿n1s {GainsYthses on tavJit4e assets {Increasel I decrease In deblors Crease I Idecr&wl In credrtcKs ($0.873) S7.833 1140.4311 4.S70 5.856 74.51? 143.9451 73.150