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 Em￿￿0 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 De￿rnber 2025, The flnantial statements have been prePa￿d 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 Claril*es.' Staternent of Recommended Prartire applicable to charlties preparin8 their accounts in accordance wr(h the Flnan£lal Rewrtln8 St*dard 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, g￿ernan¢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 AY￿10nh, 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 r*wtwstee 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￿¢0M￿1￿ee met on four occasions and conSu￿ed regularly. Grénts are awa￿e￿ 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 AppIl￿tIonS 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 gu*laKe 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 Ic*al chawitie5 and individua15 making grant payments totalling £124.20312024-. £13S.7401. Fimndal miew As at 31st December 2025 the tharitV5 unrestricted funds Incl￿1￿8 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 wh￿h have not been designated for a speclfit use should be malni£lned at a level eqU￿alent 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 esta￿1Shed 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 d￿closed and explained in the financlal statements- and preparè the flnancial ststements on the 8olnB cofbcern basls unless It is inapproprlate to P￿SUMe 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 resour￿5 and appliCat￿n 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