Charfty re8lstrntion number 256447 {Entsnd and les) WARWICK RELIEF IN NEED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
WARWICK RELIEF IN NEED LEGAL AND ADMINisfRATIVE INFORMATIObJ Ctropted Trustee5 Mrs J HoTrnoraty- Chairman S Bfown Ms S Hunt (resigned Febwary 20251 Mr J Atkinson M LRtlejohn Mrsj E51ick alr Parmlnder Sin8h Birdi Mrs J Reynolds NDmlnaii¥e Tru5t8•5 air D Browne Cllr K Gorman Clli C Moynihan Em0 TruM•es Reverend L Duckers Revd Canon An8us Aagaard Clerkto Charlty Mrc E R Houghton tharlty numb•r 256447 Priniipal address CIO Moore & Tibbils 3fd FloDr West8ate House Market Street Wan¥ick CV34 4DH Auditor Buryis & BulloEk 23-25 Waterloo Place Leamington Spa CV32 SLA CV32 SLA Banker5 Lloyds Bank plc 25 Gresham Street London EC2V 7HN Solicrtors Moore & Tibblts 3rd Floor Westgate House Market Street Warwick CV34 4DH
WARWICK RELIEF IN NEED LEGALAND ADMINISTRATIVE INFORMATION Invg8lmgnt advlsorn Brewin Dolphln Securit$ Limited Woodstock Court Blenhelm Road Mailborou8h Wiltshire SN84AN
WARWICK RELIEF IN NEED CONTENTS Pa Tru5tees' report ststement of trustee5' responsibtlitie5 Independent auditor's report ststement of nnanclal *ivities 8-10 Balance sheet li Notes to the liThancial statements 12-24
WARWICK RELIEF IN NEED TRUSTEES, REPORT FOR THE YEAR EI¥DED 31 DECEMBER 2025 The trustees present their annuol report and financial statements lor the year ended 31 Dernber 2025, The flnantial statements have been prePad In attordathcè wilh the accounting pDlScles set out in note I to the flnancial statement5 3nd comply with the charrtvs frust Deed, the Charities Aci 2011 and "Accounting and Reporting by Clariles.' Staternent of Recommended Prartire applicable to charlties preparin8 their accounts in accordance wr(h the Flnan£lal Rewrtln8 Stdard applicable in the UK and Republicof Ireland IFRS 1021 leffe(tNe l January 20191" Objectives and activities The objects of the charity are to relle¥e erther generally or tndividually persons resldent in the town of Warwick who are in condition of need, hardship tsr dlstres5. The charity Makes grants to individuals and to or8anisations thatfullil the objects of the charity. St¢ueture, gernan¢t and m8na8ement The charity IS governed by a Scheme dèted 29th March 1976 sealed by the Charity Commlssioners. This resutted In èn amal8amation of the Charities known as the Chaiity ot Thomas AY10nh, the Charity of the onourable John Smith for Clothing. the Revered John Smiths. Bread and Shoe5 Charitie5. the Charity of enry Archer and others, the Combined Charitles, the Charity of George Partington and the Bridgend Coal Charoly. The induction process for a new Trustee Is as fDllows. The Chairman will meet with the new TNstee to explain all aspects of the Charity ènd to provide all relevant inforrnatlon re8ardin8 It. Thè Clerk tD the Trustee will write to the new trustee with a copy of the 5¢heme governing the charity and a copy of the last set of accounts. The Chalrrnan and the clerk to the trustee5 will also provide all assL4tance and Inforrnation necessary forthe rwtwstee to become famillar with the working5 of the charity, Trustees a appoimed pursuant to the provision of the Scheme. Co-opted tnjstees serve for 5 years. The Ifustees met on four occasions In the year. The grnnt su¢0M1ee met on four occasions and conSued regularly. Grénts are awae by the truslee5 at their meetlng. The grant sub-committee Is authorised to make 8rantS to IndlvlduaLs of up to £l.(lJ). All 8Trnts awarded by the 5UtFcommittee are reported to ihe full Cornrnittee at their meetirw. Pw¢tdur•s and Pollclts for Grant maklng AppIltIonS for indNldual grants are normalty referred to the trustee5 by the social sÈrvices or such other or8ani5allorh5. They are accompanied by a letter of exp]anatSon and a cornpleted application form. Those applicaiions a normalty consldered by the Brant sul>commlttee who eithei meet or consult and who have power to award grants not exceedin8 £1,5. All other application5 are consldered by the TrLtstee5 in a meetln8. Pubfic Benefit ThE trustees have pald due regard to gulaKe issued by the Charrty Commisslon in decidin8 what ctivities the charlty should undethkE tD fulfil their public benefft obllgatlons and consider that the benefits provlded to a wlde varlety of gr4nt applicants demDDStrate the charity'5 commltment to provlding benefrts to all.
WARWICK RELIEF IN NEED TRUSTEES, REpoirr IcoNriNUEOI FOR THE YEAR EIIDED 31 DECEMBER2025 Achievements and perform•nc During the year the Irustees contlnued to support Ical chawitie5 and individua15 making grant payments totalling £124.20312024-. £13S.7401. Fimndal miew As at 31st December 2025 the tharitV5 unrestricted funds Incl18 the property reserve fund were £660,462 12024.. £537.465I. These unrestricled funds comprise net current assets of £138,288 12024.. £44,154) and Investments of £522,17412024.. E493,3111 as di5ch)5ed ID nole5 to the financlal 5taternents. Endowment fund5 Stood at £4,4244,229 {2024-. £3.992.7941. Reser¥es Polity 11 is the policy of the charlty that unrestrfcted fur)d5 whh have not been designated for a speclfit use should be malni£lned at a level eqUalent to between three and six month's expenditu. The trustee5 conslder that reserves at thls level wlll ensu that. in the event of è signrfiGint drop in fundin& ihey wlll be able to continue the charit¢s current artivities whlle conslderatksn Is Riven to ways In which addrtional funds mty be raisEd. Thi5 level of re5erve5 has been rnalntained thn)ughour theyear. Pylnelpal Iusks The tNstee5 have a55e55ed the major r15Ps to which the charfty Is exposed. and ale satlslied that Systsms are In place to mltwate exposure to any fflèlor r15. The iThve5tment propertles are re£ulady In5perted, maintained in good condltlon and are comprehenslvely Insured, mana8ement of the rharlty's InvestmeTht 15 undertaken by the profe551Dnal investment manager5 and the Property advlsors. All grants are authori5ed by the Trustees either in sulKommlttÈe orfull committee. A pollcy has been esta1Shed to set aside at least IO% of the annual rental income in a designated reserve to meèl repalr tosts and expense5 In ld periods. The trullee5 have acknowletlged their duty to identify arbd revise the risk to V4hich the charity is exposed and to ensure appropriate ajrbtrols are in place to provide reasonable a55uwance against fraud and error. Audltor Burgis & Bullock were appolnted as audrtortothe tharltv. Disdosure of inforrnotion to auditor Each of the trustee5 has contrmed that there Is no informatbon of whlth they awa whlch Is levant to the audlt, but of whlch the auditor 15 urbaware. They have further confirmed thil they have tsken appmpriate Steps to idenlify such relevant Infonnatton and to wabllsh ihot the audttor Is awafè of such information. The trustees, reportwas approved by the Board of Twstees. J Honnornty Dated.. 8 July 2026
WARWICK REUEF IN NEED STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 33 DECEM8ER2025 The tnjstees are re5pon5ible for preparlng the Trustees, Report and the financial statement5 in accordante wlth appllcable law and United Kingdom Accourtin8 Standards (Unked Klnedom General Acceptèd Accountin8 Practice). The law appllcable to chatlties In En8lartd and Wales requlre5 the trustees to prepare financial statements lor earh ftnancial year which give a true and fair vlew of ihe slate of affairs of the tharity and of the Incoffllng resource5 and application of resources ol ihe charitylor that year. In preparing these financial statements, the trustees are required to.. select suitable accounting policle5 and then apply them consistently.. - ob5etve the methods and prlnciple5 in the Charitie5 50RP,. make jud8emeDts ènd estimate5 that a reasonable and prudent; state whether appllcable accounting Standards hav¢ been followed. subiett to any material departures dclosed and explained in the financlal statements- and preparè the flnancial ststements on the 8olnB cofbcern basls unless It is inapproprlate to PSUMe that the charity will continue in operation. The irustee5 are responsible for keeplng sufficlent a¢countin8 record5 that d15cIose with reasonable accuracv at avy tiThe the financial position of the charity and enable ihem to ensure that the financlal statement5 compty with ihe Charities Act 2011, the Charity IAccount5 and Reports) Regulatlon5 21MJ8 and the provtsions Df the trust deed. They Ire also responsible for 5afe8uardlng the assets of the ¢ha¥bty and hence for taking reasonable steps fDrthe prevention and detection of fraud and other irregularrties.
WARWICK RELIEF IN NEED INDEPENOENT AUDITOR'S REPORT TO THE TRusfEES OF WARWICK RELIEF IN NEED Oplnlon We have audlted the financial 51atements of Worwick Relief in Need Iihe 'charitVI for the yebi ended 31 December 2025 which ctsmpri5e the statement of financial activities, the balance sheet and note5 to the financial statements, including signlflcènt accounting policles. The financihl reporting framework that has been applSed In thèir Pfeparation Is applicable law and Unrted Kin8dom Accountin8 5tsndard5. induding Flnanclal Reporting Standard 102 The Finonciol Reporting 5tondard oppli¢oble in the UK und Republlc of Irelond Ivnlted Kirygdom Generally Accepted Accounting Prddicel. In ouropinion. the financial statemeTrt5'. 8lve a true and fair view of the stste of the charlty's affalys as at 31 December 2025 and of it5 incoming resour5 and appliCatn of re50urces. for the yearthen ended: hove been properly prepared in accordance wlth Untted KinEdorn Generally Accepted Accountlng Practlce; and have been prepared in accorfance wrf(h the Charitie5 Act 2011. Ba515 foroplnlon We condurted our audli in a¢cor<lance with International Standard5 On Auditln8 IUKI IISAS IUKII and applicable law. Our resportslbllltles under those standards are further described in the Auditor's responslbilities fvr the ovdit of the finonciol srotements sertion of our Teport. We are independent of the tharfty In accordance with the ethical requirernents that are relevant to oui 8udlt of the financial statement5 In the UK. Including the FRC'S Ethical Standard, and we have fy111ed our other ethkal sponsIbilitIeS in accOanCe wlth these requlrements. We believe that the audSt evideDce we have obtained is sufficient and appropriate to provide a basisfor our opin*)n. COndlOn$ relatingto 4oin& ¢oncern In avdiling the financlal statements. we have concluded that the trustees. use of the 80in8 concern basis of ccounting in the preparation of the financial statÈmÈntS 15 appropriale. Based on the work we have performed, we have not identrfied any material uncertalfities relating lo events orconditions that. individually or collectlvelyi may cast signrfic3nt doubt on the charfty's ibiltty to contlnue as a 8oln8 concern for a perlod of at least tWee months from when the knancial staternents a aythoristd for i55ue. Our responsibillties and ihe ponsibIlItiES of the trustees with respect toBoinB concem are described in the relevant 5ection5 of this report.
WARWICK RELIEF IN NEED INDEPENDENT AUDITOR'S REPORT ICONfiNUEOI TO THE TRiMEES OF WARWICK REUEF IN NEED Other Informatlvn The other Informatlon comprkses the Informatlon included in the annual report other than the financial statements and our altor'S )rt thets. The trusteès are responsible for the other information contsined withln the annual rert. Our oplnlon on the finantlal ststernents does not cover the her Informatlon ond we do not expres5 any forrn of assurance conclusion thereon. Our respDnsitxlbty Is lo read the other information and. In doin8 so. conslder whwher the other Inforrnation Is mèterlally Incon51stent with the financial 5taternents or knowledge obtalned in the course of the audlt, or olherwise appears to be materlally misstated. 11 we lelIfy such rn3terial incon5iStencies or apparent material mls5tatement5. we re required to determine whether this gives rise to è material mL%statement In the financial statements themselves. ff. based on the work we have perfomied, we conclude that there is a material mi55tatement of this other infOrmatTr. we are requlred io port that fact. We have nothlng to report In this resard. Matters on whlch we are requlred to report byexcepllo We have nothing tD report In respect of the following rnattets in re13tion to which the Charities IAccount5 and Report51 RegulatioTh$ 2008 requ15 us to rerA)n to you if, In ouropinlon.. the Irrform8tlon gNen in the finoncial 5taternents LE inconsistent in 3ny malerial respect wrth the tru5tees' report. or suffSclent accountinB records have not been kept.. or the finandal statements are not in agtEetneTrt with the accountin8 recDrds,' or we have not received all the informion and explanaibons we requ1 for our audit. Responsibilitie$ of tru51ee5 As explained more fully in the smement of trustees. responslbFlitle5, the truees are responslble for the preparation of the financial statements and for beln8 satlsfied that they glve a irue and falr vSew, andlor such Snternal Control as the trustee5 determine is necessary to enable the preparation of financial statements that are free from fflalerial mis%tatement, whether due to frnud or error. In preparin8 the fin?nclal 5tatement5, the trustee5 are responsible for assessing the charity's abilty to continue 35 a 80ing concern, disd05in8. as appllcable. matters related to 8oln8 concern and uslng the 80ing concern basis of accounting unles5 the trustee5 ther intend to cease operations. or have no realistic attemative twt to do so. Aydrtor's responbIl1eS forthe audil olthe financial ststements We have been appointed as audit(* under seclion 144 01 the Charrties Act 2011 rep)rt in accordance with the Att and relevanl regulatn5 fflade or having effect thereunder. (hjr rjbjectlves are to obtsln reasonable assurance about whether the financial ststements as a whole are free from material mi55t3lernent. whether due to fraud or errof. and to Issue an audltor's report that Includes our opinicn. Rea5Dnable assurance 15 a high level 01 I55urance but is nol a 8uafdntee that aTr audit conducted In accordance wilh ISAS IUKI will always detert a materlal mlsstatement when kt èxists. Mwtatements can arlse frorn fraud or error and ale considered Material if, individually or in the aggregate. they could reasonably be expected to IrfUEn the economic dectsions of users taken on the basls of these finènclal statements.
WARWICK RELIEF IN NEED INDEPENDENT AUDITOR'S REPORT ICONTINUEDI TO THE TRUSTEES OF WARW5CK RELIEF IN 14EED Irre8ularitles. including fraud, are in5tavie5 of nonrfownpliance with laws and reguLHtion5. We design proceduTe5 in line with OUT respowibilitie5, Outlined al)ove. to detect materlal misstatements in resped of irregularities. including fraud. The extent to whKh our procedu$ are capable of detectlll8 irregularitiE5, inclyding fraud. Is detailed below. We 8ained an understanding of the legal and regulatorylrnmework applicable to the charfjty and the sector In which il operntes and assessed the extent of compllance wlth the5È laws and regulation5 a5 part of our procedures on the related financial ststement item5. 8a5ed on our understandlng of the charlty we Identlfled lha¢ Ihe prlnclpal rlsk of n0Th40mpllance wilh laws aml gulatIonS related to breaches of the Charities Act 2011. Safeguarding and GDPR regulatlOlls.- and ihe charity'5 con5titutbon. We a0 evahjated management Incentive and opportunities foi frauduleTrt manlpulations of the fin3nrial 5totemeTrt5. Audh procedures performed included.. IdentifyiThg and asse55ing the design effeuiveness of controls in mana&ement have place to prevenl and deteet fraud. Challenging a55UrnPtiOn5 and jud8ments made by management in thelr slgnfficant accounting esilmates and assessing if these indlcate evldence of managemenl bias- Rèviewing the accounting records for tsrge and unusual journal entries and testlThg any 4entified In partKularthe ratnale for any transactlons Dutsldethe charit¢s nomial wur5e of activity- Reviewlng the ac¢ountSng records for large and unusual bank payments and testing any Identified and In particular the rationale for any transactlDns which ap$art0 be outslde of the char6ty'S oblettives. Tesiing a sample of deblt entr6es In the prollt and loss account to check they are bona-fide costs in acwrd4nce with the charily'5 objectives. Testing for the ex1sten of related party traTh5artions and confirmlng identrty of relevarf partles wbth Trustees. Making enquirie5 Df those charged wlth governance as to any 1Th5tances of non-compllance wlth laws and re8ulatlons. Reviewing minutes and correspondence for e¥ldence of non-compllance wlth key laws and re8ulatv)ns, Because of the inherent limitstk)ns of an audlt, there L% o rtsk th•t wt wlll oot dètèct all irregularities. including those leading io a material misstaternent in the financial statements or non-compliance with regUlatTr. This risk increases the MO ih complSance with a law or regulation Is removerf from the events and transartlon5 reflected In the finandal statements, as we will be less likety to become aware of instances of non-compllance. The risk is a150 greater regardlng IrregularlIeS occurrfng due to fraud rather than error, as frnud invofve5 Intentional concealment. forgery. cdlu5*?n. omlssbn or mlsrepresentatlon. A further de5cripliDn of OUT re5ponsibilitie5 15 available on the Financial Reporting Council's website at." httP5=/lwww.frc.org.uVaud4torsresponslbiif(les. ThLs descrfplion frjrms part of ovrauditor'5 repDrt. oiher matt•rs The prior year figures were not subject to an ajdit, we hove audited openin8 Bolonce Sheet P051tions as part of our audit.
WARWICK RELIEF IN NEED INDEPENDEKf AUDrroR'S REPORT ICONTINUEDI TO THE TRUSTEE5 OF WARWICK RELIEF IN NEED Your attentlon Is drawn to ihe fatt that the charity has prepared financial statements in actordante wrth 'AccountinB and Reportin8 by Charrtie$.' Statement of Recornmended Praclice applicable to charitte5 preparing their accounts in accord&nce wrth the FiThancial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021. las arnendedl in preference to the Accountin8 and Reportln8 by CharMies'. Statemersl of Recommendetl Pracii¢e Issued on l April 2005 which 15 referred to in the extant regulations but has n¢)w been withdrawn. This ha5 been done In order for the financial statements tts provide a true and lair VIEW in èCCOTdaThce with currentGeverdl Accepted Accounting Practice. Use of our report This report Is made solely to the charity's tnjstees, as a bly. In accordance with Part 4 of the Charit125 (Accounts and Reports) Regulation5 2Tr)8. Our audit work has been undertaken so that we might state to the harity'5 trustees those matters we are requlred lo state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume $1M)nsIbIlv to anyone other than the charlty and the charity's trustee5 a5 a bodyi for our audtt work, for th report. or for the opinions we have fomied. Wende Hubbard FCCA1Senlor StatutoryAudltorl For and on behalf of Brg1S & Bullock, statutory Auditor Chartered Accountants 23-25 Waterloo Place Leamin8ton Spa WarwKkshlre CV32 SLA 8 july 2026 Burgls & Bulknck is ell8ible for appointment as audltor of the charlty by vlrtve of rt5 ellglbllity fof èppolntment as auditor cf a company under sedion 1212 of the Companles Art 26.
WARWICK RELIEF IN NEED STATEMENT OF FINANCIAL ACTIVITIES R)R THE YEAR ENDED31 DECEMBER 2025 cuThentffinarO1 year Unreslrkted Unrestrid•d Endowmenl tund5 funds fvnds gehtral D¢Knot¢d 2025 2025 Total Total 2025 2025 2024 Notss Ib)¢ome frorn: Charitable attivlties Grant income Invèstrnent5 75.OC( 185,025 75,tM)O 193.011 7,986 208.952 T(Trtsl Income 260,025 7.986 268,011 208,952 dUre on: Charltable artivities Grants payable InsufdTr Repairs and renewèls Painting contrtbutions Le8al ènd profe5sbDnal fees 124,203 ,610 8,405 1.2C 3,179 124,203 8,610 8,405 1.2 3.179 135,740 8.147 10,3 L8LKI 221 Total ch8rltable expenditwe 145.S9? 145.S97 156,208 Governanee and Admlnistrntion t05ts 28,299 1.980 12.916 43,195 40,227 Total re50Wtes expended 173.896 1,980 12,916 188,792 196.435 Surplusldeficit fromgeneral aLl1vhe5 86,129 6.005 112,9161 79,219 12,517 Net gain51llosse51 on investrnent5 11,4271 24.OS9 272.581 295,213 48.474 Net In¢omln8 resouites beforetronrfer5 84,702 30,065 259,665 374,432 .991
WARWICK RELIEF IN NEED STATEMENT OF FINANCIAI ACTIVrnES ICONTINUEDI FOR THE YEAR ENLIED 31 DECEMBER2025 Unrtstricted UnrE5tricted Endowrnent funds fund5 Jnd5 lenernl Deslgnated 2025 2025 Totsl Totsl 2025 2025 2024 Note5 Net Incomlng rtsour¢es beforÈtran5fers 84.702 30.065 259.665 374.432 f4J,991 Gr055 transfers between funds 18,208 19,9781 18,2301 Net movement in furKIs 102.910 20,087 251A35 374,432 60.991 Fund balance5 at ljanuary 2025 231.190 306.275 3.992,794 4.530.259 4.469,268 Fund balan$ at 31 De¢ember2025 334.100 326362 4,244.229 4.,691 4,530,259 The statement of hnanclal activtties Includes all Kdlns and losses reco8nlsed In the year. All inwme and expenditure derive from £ontinuin8 activrties.
WARWICK RELIEF IN NEED ATEMENT OF FINANCIAL AcfiviTIES ICONTINUED R THE YEAR EPIL)ED31 DECEMBER 2025 Prior fInala1 year Unre5trirted Unre51rirted Endowrr*nt funds fund5 fund5 eenernl Deslgnated 2024 2024 Total 2024 2024 Income from: Charitable artlvltles Investments 2(11.785 8.167 208,952 Total IncDme 2W,785 8,167 208.952 Ex nditure on.. Charitable activities Grants payable Insuran Repalrs and renewals Painting contributions Legal and professional fees 135.740 8.147 10.3(KJ 1.800 221 135.740 8.147 10,3CXI 1,8(X) 221 Totsl ¢harltoble e¥pendlture 156.208 IS6,208 GDvernance and Admini5twation costs 25,632 1,877 12,718 40,227 Totsl resour¢•s txpqnd 181.840 1.877 12,718 196,435 Net gainslllosse51 on investments 1,232 28,742 18,5C(I 48,474 Net Incomlng remurces Ire translers 20.177 35.032 5.782 60.991 Gross transfers betwèen funds 8L749 10,235 191.9841 Net m¢)¥emeM In hd$ 101,926 45,267 186,2021 60.991 Fund ba13nces at ljanuary 2024 129,264 261 4.078.996 4A69.268 Fund bal•nce5 Ot 11 December 2024 231,190 306.275 3,992,794 4530.259 10-
WARWICK RELIEF IN NEED BALANCE SHE ASAT31 DECEMBER 2025 2025 2024 Note5 Flxed assets Investment properties Investments 2,090,OCKI 2,674,399 1,9Y9,87G 2.486,229 io 4,764,399 4.486.105 Current assets Debtors Cash at bank and in hand li 3.949 162.284 6.lJ)5 86,082 166,233 92,087 Credltor%: •mounts fallln8 due wlthln one year 12 125,9411 147,9331 Net current assets 140.292 44,154 Total a55ets le55 current liabililies 4,904,691 4.530.259 Capltal funds Endowment funds Income tunds Vnrestricted funds- Designated Geneial unrestricted fund5 4.244.229 3.991794 326.362 334.100 306,275 23L19) 4,904.691 4.530,259 The financial ststements were approved by the Trustees OTr 8 July 2026 J HoThnoraty Trustee son TrusiEe
WARWICK RELIEF IN NEED NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR EIVDED 31 DECEMBER2025 Attountrng poIleS tharfty Infornatlon wal¢k Reliel in Need is a charity governed by a Scheme dated 29th March 1976 sealed by the Charity cornm1551oners. Thls resulted in an amalgamation of the Charities known as the Charity of Thornas Aylworth, the Charlty of the Honourable Reverend John Smith for Clothin& the Reverend john Smith'5 Bread and Shoe Charlties, the Charity of Henry Archer and othets. the CombTrned Charitie5. the Charfty of 6eor8e P3rtin8ton, atxl the E+r¥J8end Coal Charlty. 1.1 Bas1$ of preparatiDn The flnancl31 stslements have been prepared in accordance with the charlty's govemlne document. the Charities Act 2011 and "Accfjuntine and Reportlng by Charitles.. St6ternent of Recommended Practice applicable to charllies prepartn8 thelr accounts in accord3nce with the financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffettThfe ljanuary 20191. The char¥ Is a Public Benefft Entlty as defined by FRS 102. The charlty ha5 taken advantage of the provlslons in the SORP for charftles applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flow5. The financial statements have departed from the Charitie5 (Accounts and Rewjrtsl Re8ulatlon$ 2008 only to the extent reqUId to provide a true and fair view. Thls depèrture has imiofved following the siatement of Recommended Practlce for charities applylne FRS 102 rather than the ver$i(J of ihe Statemeni of Recommended PrartI whlch 6 referred to in the Regulatkjns but which ha5 since been withdrawn. The flnanclal statements are prepared In sterlin& which the funrtlon)I currency of ihe charfty. Monetary amounts In these financial statements are rounde(¢ to the nearest £. The flnanclal ststetneThts have been prepared under the historKal cost convention, rnodrfied to include the ValUatIon of Investment propertles and rtain flnancial Instruments at fair value. The printipal aCUntIng pollcles adopted are setout below. 1,2 Goln8 concern At the tlmo of approvin8 the financial ststements, the trustees have a aSOnable expertat*)n that the chèrity has adequate re50urce5 to cpntinue Sn operatlonal e¥i5tence for the foreseeable future. Thu5 the trustees Continue to athpt the going concern basis of accountlll8 in preparlng the financtal statements. 1.3 Charftable fund5 Llnrestricted funds ère available for use at the dCretIon of the trustees in furtherance of thelr charitable objeclfves. Restricted fvnds are subject to specific condlllons by donors or grantors as to how they may be used. The purposes and of the Te5tTicted fund5 are setout in the notes to the tinancial statements.
WARWICK RELIEF IN NEED NOTESTO THE FINANCIAL STATEMENTS ICONTINUEDI FOR 7HE YEAR ENDED 31 DECEMBER2025 Accounting policie5 Icontbnuedl The Endowment funds represents assets Original donaied to the founder charities. The net incomel expendlture arlslngfrom Endowment funds are not tr&ed and are transferred to unrestrtted fvnds. 1.4 Income Income is reco8nised when the charitv 15 legally entrf£led to it after any perfo¥rnance conditlCTIs have been m, the amounts can be mÈasured reliablyp and rt Is probable that rncoThe will be reteFved. Rental income i% attounted forin the period to which it relates. All InVeMent Income e¥¢luding deposrt IntereM is shown on the bas15 of èmounis recelvable in the year and includes any tax credlt or income lax whlch recoverable by the Charity. Deposlt interest shown on the basis of amount5 uedited in the year. 1.5 Expendlture Expenditure 15 accouThted lor on an zccruèb basrs and ha5 been classified under headings that aggregate all cost related to the category. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expendRure. 1.6 InStme11t propertv Investment property, which 15 property held to earn renta15 andlor for tapital appreciètion, 15 initially recognised at cost. which Includes the purchese w5t and any directty attributable expenditure. Subsequently It 15 tnea5ured at fair value at the reportin8 end date. The Surplus urdelicil on ievaluation Is ConIsed the statement of financlal actlvltles. At each reportlng date the trustees review the arryin8 values to de¢eTrnine whetherthere Ls arby Indkatlon thal these Values should be Impalred. 1.7 Flxed asset ibwellments Fixed asset investments are initially rneasud at transactlon price excludlng tran5actlon costs, and are subsequentty rnea5ured at fair value at Each reporting date. ChaDBES in fair value are reEo8ll15Ed in net Incomellexpenditurel for the year. Transactlon costs are expensed as incurred. The market valuations of investments are provided by The Charities Official Inve51rnent Fund and Brewin Dolphln 5ecuritl Limrted. The respertive valtse5 used represent the 'basic value. at the monthly valuation date and the mid-market valuati. 1.8 Cash and cash equlvalents C35h and cash equivalents include cash in hand, dep051ts held at call with banks, othershDrt-term Ilquld invesiments with or&inal matufftles of three months or IESS, and bank overdrafts. Bank overdrnft5 are shown within borrowings in current liabiliites. -13-
WARWICK RELIEF IN NEED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) Foft THE YEAR ENDED310ECEMBER 2025 Attounting pollcles (Continu1 1.9 Flnand•l InM1ents The charity has elected to appty the provlslons ol Secibn 11 'Baslc Financlal Instrurnent< and Sertiorb 12'0ther Flnanclal Instruments Issue5, of FRS 102 to all of rts flnancial Instruments. FiTrallcial in5trurnents are Veciened In the charky'5 babnce sheet when the charhy betomes party to the contractual pro510n$ of the Instrument. Finantial assets and liabifrtie5 are offset, wtth the net amounts presented In the financial statements, when there is a legèlty enforceablè ri8ht to set oft thE rEEogni5ed arnot5 and there 15 an inlention to settle on a net bass orto alIse the asset and settle the li3bility slmuttaneously. B#sl¢fvun¢i#l assets Basic flnancial a55ets, whSch Include debtors and cash and bank balances. are tnitially measured at IraaCtIon price including transaction costs and are Subsequent carried at amorttsed cost using the effertlve Interest method unle5S the arrangement constitutes 3 financing transartlon. where the 15 rne35ured at the present value of the future recelpts discounted at a rnarket rate of interest. Financial assets das5Wied as receivable withln one yeai not amortised, knlcfvondollhbifitles Basic financi41 liabilitie5. including rent received in advance. accruaLs and grants payable are initialty recognised at transaction pri unles5 the arrangement tonstilutes a financing transaction, where the debt Instrument is measured at the present value of the future payments discounted at a mavket rate of interest Finanaal Ilabilrtles classlfied as payable within one year are not arffl0rted. Debt ¢nstTuments are subsequerfly carried at amort15ed cost. uslng the effertive Snterest rate method. Trade creditors are oblwtlons to pay for 8oc*J5 or service5 that have been acquired In the ordinary course of operatlons from suppllers. Amounts payable are claTIled as current liabllltles ff payment 15 due within one yeaT or les5_ If not, they are presented as non-current Ilabilfties. Tradè fftditors are recogni5ed initialty at tt3nsaction prlce and subsequently meè5ured at èmort15ed c05t U51nE the effettive interesi meth(. Derecoqnltlon pffinonclolllobilttles Financial liabllities are decognised when the charitys contrartual oblatIOnS expire or a dlsthaiffed or cancelled. 1.10 Taxatlon The charity is exempt from tsx on Income and galns falllng wiihln sedion 505 of the Taxes Act 1988 or section 252 of the faxalionol Chargeable Gains Acl 1992 to the ekteht that these are applied to its charitable oblecrs. 14-
WARWICK RELIEF IN NEED NOTES TOTHE FINANCIAL sfATEMENTS ICONTINUEDI FOR THE YEAR ENDED31 DECEMBER 2025 Incorne Irom investments Unrestrirtedlthrestrfrted fund5 general desl8nated 2025 2025 Total Unrestrirtedvnrestsirted fvnds fwds general designated 2024 2024 Total 2025 2024 Rental income Inttsme from listed Investments Income from unlisted Imitrstments 122,965 122,965 134,715 134,715 55,973 7,986 63,959 60,773 8,167 68,940 6,087 6,087 5,297 5,297 185,025 7.986 193.011 2CQ,785 8.167 208,952
WARWICK RELIEF IN NEED NOTES TO THE FINANCIAL sfATEMENTS (COMTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 fjrdnts payable fjrants payable Gv•nf$ payable 2024 Grants to instltutions-. Lord Leycester Hospital AlmslM)uses Warwick Young Cer$ Music of Life Evergen School The Percy Estète-'Yhe Gap" The Parenting Project Newburgh Primary School Safellne New te Church Haptv Days Air Ambulance Prlory Area Communlty Arrnonlco Consort Thomas Oken & Nichotas Efftr ISWW Mindl MIND Grant5 payable wrltten back 4.525 7,5C(I 3.597 58,860 7,639 57,996 5,QtK* I,IEO 3,105 675 409 2.5¢XJ 2,SC(J 2.OCO 3,5(K) 7.731 io.( 94,971 96,726 Grants to individua15 30,232 39,014 124,203 135,740 Trustses None of the trustees IOT any per50n5 CDnnerted wlth theml recelved any rernuneratTron, benefits or expenses from the charity durln8 the year. Employees There were no employees durlng the year. 16.
WARWICK RELIEF IN NEED NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED31 DECEMBER 2025 fjovernan¢e and Administration costs fqtsl 2024 nds lurtdÉ De5knated Clork's feès Accountanvs fees Audit/ Independent Exarnln*iDn Brokers fee5 20,0 3.936 4.363 20,CKO 3.936 4,363 14.896 20,OCX) 3,558 Z,074 14,595 12.916 28,299 12,916 43,195 110.227 Forthe year ended 310e¢emlJ•r 2024 25,632 1.877 12,718 40.227 17_
WARWICK RELIEF IN NEED NOTES TO THE FINAKIAL sfATEMENTS (copINUED) FOR TNE YEAR ENDED31 DECEMBER 2025 8 Transfèts Tran5feTs between funds reflect the movement of Income ÈeneTrted between the funds. Inveslment property 2025 Fvalue At l January2025 NtEairts or105ses through fairvalue adlurnets 1.999,876 90,124 At 31 December 2025 2,0,[KXj Investrnent kyoperty at current value includes.. 23123A Market Place £495,iJ)O 20 Swan Street £415,rM)o stJohn'5 Hall £300,COJ 10-12 Swan Street £880,0 Tht valuatiorb of the abDve properties have been considered by the TnJstee5 at thè year end and in thelr oplnlon they reflect a fair market value given their rental income and use. The hlstodcal cosi of the propertle5 Ilsted abuve 15 £1.423.625. 19-
WARWICK RELIEF IN NEED NOTES TO THE RNANCIAI STATEMENTS (CONTINUED} FOR THE YEAR ENDED31 DECEMBER 202S 10 Flxed asset Investments Ust•d Unllst¢d n4stment5 investrnents Cash In portfoliD Total Cost orvaluation At l January 2025 Addbtior Valuation change5 other cash rnovernents Di5P05a15 2,219,037 425.703 212.607 214070 56,122 1425,7031 2.486,229 17,5181 205,089 114,9151 114,9151 419,928 1419,9281 12.OC41 At 31 December 2025 2.437A19 ZOl,548 35.432 1674.399 Carrwni amou• At 31 December 2025 2.437A19 201.548 35.432 1674.399 At 319ecember 2024 2.219,037 211070 56.122 1486,229 11 Debtors 2025 Z024 AmntS falling due withln one year.. other dÈbtors 3,949 6,005 IZ Creditor5'. amounts fallidue within one year Z025 1024 Other taxation and ststial security Grart cornrnttments Rèm reiVed in ad¥rance other tredrtors Accruals and deferred income 7.417 7,680 8,196 9,385 19,426 11,124 6.966 25.941 47.933 other¢reditots Indudes the property palntlng reserve of £8.L9612024.. £IL1241. -20-
WARWICK RELIEF IN NEED NOTES TO THE FINANUAL SIATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER2025 13 Endowment funds Endowment funds represent assets whKh must be held pernianently bythe charity. Income arIng on the endowmentfunds can be used in accordance with the objects of the charity and is Intluded a5 unrestricted income. Any caprtal galns or losses arisinÉ on the assets form part of the fund. At l January 2025 Re$our¢es expended Transfws Galns and losses At31 December 2025 Pemianent endowments 3,992,794 112.9161 18.2301 272.$81 4.244.229 Pre¥lous year: At l January 2024 Resources expended Transfers G•lns and At31 losses December 2024 Permanent endowmer 4,078,996 112.7181 191.9841 18,500 3,992,794 21
WARWICK RELIEF IN NEED NOTESTO THE FINANCIAL STATEMEwfs ICONTINUED} FOR THE YEAR ENLIED31 DECEM8ER 2025 14 UnTrstrf¢ted lunds- de5ignatsd These are ufjrestrirted fund5 which are material to the charty'5 artivles. At l January 2025 IkKOrnI Re50urtes resources End Tr4nsfers Gains and losses At31 De¢ember 2025 Property reserve fnd 306,275 7.986 IL98O1 19.9781 24,059 326,362 Pmrfous y•ar. At ljanuary 2024 In¢omlng resour$ Resourees Trarfjfers w¢pended Gainsarml At31 10sse$ DEcernber 2024 Property reserve fund 261,008 8.167 11.8771 10.235 28.742 306,275 The Desffdnated Pwperty Reserve Fund has been establlshed to provide the charity with $uffklentfurwJ5 to rneet repalr costs and expense5 duringvoid perlods. The trustÈés expert approximately £50.C) of thls fvnd to be utili5ed in the next tsvelve momhs to fulld nete55ary roof repalrs. IS Anafvols of net ass•ts botween ld9 Unrestritttl Unrestricted Endowm•nt funds fvnd$ funds general deslgnated 2025 Total 2025 2025 At 31 December 2025.. Investrnent properties Investments Current assetsllliabilitiesl Is0.c(l 45,812 138,288 I,940,0 2.302,225 2.090,0(X) 2.674.399 140,292 326,362 334.100 326,362 4.244,229 4,9(M,691
WARWICK RELIEF IN NEED •IOTES TO THE FINANCIAL STATEMENTS {COMTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 15 AnV5[$ of nel assets bth•een fund5 Icontinuedl Unrestrfcted Unrestrlcted Endowm1 funds funds lunds 8enerdl designated 2024 2024 2024 At310ecembeT 2024: Investrnent prLiperties Investmenis Current assets/lliabllltlesl 150,000 37.036 44.154 1,849.876 2,142,918 1.999.876 2,486.229 VI,154 306,275 231.190 306,275 3,992,794 4.530.259 The purchase of St lohn's H?11 durine 2012 at a cost of £198.620 was funded 50% Irom Endowment Funds and 50% from surplus Unreslricted Funds as approved bythÈ Trustees. In the Èvent ol the fvture sale of the property, il wa5 approved that the proed$ should be dlvlded accordln8Fy. 16 Related party twansaLlon5 During the year. the charlty received a donation of £75.000 from another charftable or8attlsaJon of which sister of one of the trustees was a board member. Atso the charlty dlstrlbuted a grnnt of E5,OC#) to the tharity Safeline with whom we have a trustee in 17 Evert after the end of the reportino wiod In February 2026 the charity 501d the [nvestrt property located at 10112 Swan Slreei. The COnSKleration for th15 was £880.000.
WARWICK RELIEF IN NEED NOTES TO THE FINANCIAL STATEMENTS IcofinNUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 18 Cash generated from a¢llthtles 2025 2024 Surplus for the year 374,432 60,991 Adlu5tments for: IGainlJ1055 on disposal of investments FaSTvalue gains and10sses on Investment Propert$ Fair value gains and losse5 on irwestments 119,3771 19),1241 1185,7121 927 149,4011 Movements In Wo18 caprf(&l-. Decreasellincreasel in debtors (Decrease) In tredltors 2,056 121.9921 12,5191 12.0851 Cash generated from genernl actlvities 59.283 7.913 Purchase of Investments Proceeds on dlsposal of iTwe5trnents 1425,7031 421,932 1293.6181 286,549 IDe¢reasèl/lncrea5e In cash balance5 In the year 55.512 Made up of: Irbcreasel (Decrease) in cash held at bank IDt¢reHsel/ InCaSe in cash held in investment portfollo 76.202 120.6911 24,125 123,2811 55,512 -24-