THE MARGAREf HART CHARITABLE TRUST REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025 THE MARGARET HART CHARITABLE TRUST ADMINISTRATIVE INFORMATION Charlty Name & Number The Margaret Hart Charitable Trustr. registered charity nuTnber 273138. Trusteas The Trustaes of the charity are Hart CharTty Trust Company Limited and Hart Charity Nomin88S Limited. Prlnclpal Office Th8 principal office is Fusion 3, 1200 Parkway. Whtt8ley. Fareham. P015 7AD. Bankers Barclays Bank plc, Souihampton City Branch. TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2025 Hlstory, Obje¢tlv8s & Actlvltles of the Trust The Margaret Hart Charitable Trust is constituted und8r a Trust Deed dat8d g F&bnJary 1977 and Is a registered Charity number 273138. The objectives (rf the Charity ar8 to provide rélief of need, hardship or distress amongst th8 employees and former employees and their dependents of Cleansing Service Group Ltd and its subsidiaries. This will include helping in hardship where health difficulties resum in financial difficulty, helping retired beneficiaries to continu8 to live independently in their own homes, helping with mentsl wellbeing by social interaction and helping in time of trauma or loss. The rnain aGtiviti8s illGlude providing holiday vouchers. sending hamp8rs at Christrnas, maintsining gardens for those unable to do it themselves. funding transport lo hospital appointments, helping with funeral costs and medical costs wh8r8 hardship is shown. Management & Governance Arrangements The charity is administered by a Management Commiiteè. The Management Committee is comprised of the Directors and Company Secretary of the Truslèe companies. The members of the Management Commitiee are appointed by the Tnlstses of th8 charity. The following persons held office during the year. Miss J H Hart (Chairwoman) Mrs H M T Gould Mr F D Polhecary Mr N Richards Mr S Hicks Miss J H Bigley Mrs C Burton Mr R Sotoudeh (Secretary) The Management Committee m88ts at least once a year but there are subcommittee groups which may includ6 spectalist co-optees. which meet more frequéntly to deal with specific matters. Thes8 subgroups are given aulhorily to make decisions and will rewrt in full to all the Trustges at the next yearfy meeting. Regular contact was kept with pension8rs through the visitor coordinator who received reimbursement for his expenses during the y8ar as well as paymant for time spent WOt1(ing for the charity. Employe8 communication was maintained by ongoing ￿ntact with depot management through the company newsletter and a newsletter for pensioners. Procedure & Policy for Grant Making The Charity invites applications for assistance from employees and former employees of the company in specific instances where they may be suffering from hardship. The Charity also provides general assistance to pensioners in the fomi of Christmas gifts. an annual Tea Party, window cleaning and gardeniro serwGes. The Charity also provides holiday vouthèrs to pensione￿ in specffic instan¢8s where they may be suffering hardship. Achievements & Perfomiance of Trust During the course of the year beneffts wer& provided for pensioners and employees as follows.'- 2024 14 22 93 49 2025 16 Providing holldays for beneficiaries Gardening services Fr88 Christsnas hamper5 Benefi¢iari6s Tea Party Cash Grants Window Cleaning Taxi Services 97 52 12 12 10 10 Flnancial Review, Investment Policy & Reserves In 1977 the Charity received a donation of unquoted shares from Mrs Gladys Margaret Hart. A valuation of these shares is not possible as the shares remain unquoted. The dividends from th&se shares tog8ther with interest on accumulated cash balances prowdes the income for the Trust to meet its obligations. During th8 year to 30 Jun8 2025 dividend income and investment income amounted to £69,586 (2024.. £70.524). During the year grants and related costs totaled £66,586 (2024- £51,091). There are no restrictions on the Charity's power to invest. and the ManageTn8nt Committ8e has adopted a policy of maximizing income while investing in low risk investm6nts. Investment strategy is reviewed annually by the Management CoTnmittee. The Trustees review the reserves policy on a regular basis. The last review concluded that in order to allow the Charity to be managed efficienuy and to avoid any intemjption in actiwties. unrestricted funds should ideally be maintained at a level of no less than £100,000. Future Plans The Trustees irrtend to continue providing grants in a similar way to the r6c6nt past. In order to ensure its ongoing ben8fit and relevanGe thè Trustees continue to review the op8ration of the Trust. Statement of Trustees, Responsibilities Charity law requires th6 trustees to prepare financtal stal8ments for each financlal year whlch show 8 truè and fair view of the statè of affairs of the charity and its financial activities for that period. In preparing those financial stat8ments. the trustees arè required to.. Select suitab16 accounting policies and th8n appty them consi5tently- Make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards and statements of recommended practice have bg8n followed, subject to any departures disclosed and explained in the financial slalements," and Prepare the financial statements on the golng concem basis unless it is inappropriate to presume that the Charity will continue in operational existen￿. The trustees are responsible for keeping proper accounting racords which disclose wlh reasonable accuracy at any time the financial position ofthe charity and to anable them to ensure that the financial statements comply with the Chartties Act 2011. They are also rèsponsible for safeguarding the assets of the charity and henGe for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the Trustees R Sotoudeh Secretary Date.. 6 April 2026 THE MARGARET HART CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report to the trust88s on my examination of the accounts of the Margaret Hart Charitable Trust for the year ended 30 June 2025, which are set out on pages 6 to 10. This report is made solely to the charivs trustees. as a body. in acGordanc8 With Regulation 31 of the Charities (Accounts and Reporlsl R8gu5ations 2008. My work has b86n undertaken so that I might slate to the charivs trustees those matters l am required to state lo them in an independent examinels report and for no other purpos8. To the fullest extènt pemiitted by law, I do not accept or assuma responsibilily to anyone other than the charity's trustees as a body. for my work, forthis report, or lor the statement I have made. Responslbllities and basls for report As the chaTity trustees of the Margaret Hart Charilable Trusl you are responsible for the préparation of the accounts in a￿Ordan￿ with the requirements of the Chartties Act 20111lhe ACT). I report in r6spect of my examination of the Margaret Hart Charitable T￿st accounts carried out under section 145 of the 2011 Act and in Carr￿ng out my examination I have followed all the applicable directions given by the Charity Commission und8r $8Ction 145(5Xb) of the Act. Independent 8xaminerfs statement I have completed my examination. I confim that no material matters have COTne to my atlention in connection with the èxamination giwng me cause to believe: 1) accounting records wer8 not kept in respect of Ihe Margaret Hart Charitable Tnjst as required by section 130 of the Ac(. or 2) the accounts do not accord with those records: or 3) the accounts do not comply with the accounting requirements cx)ncerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2LK)8 other than any r8quirement that the accounts giv& a true and fair view which is not a matter considered as part of an ind8pendent examination: or 4} the accounls hav8 not been prepared in accordance with the methods and principles of the Statement5 of Re¢omm8nd8d Practice for accounting and reporting by charities. I have no cOn￿mS and havo come across no other matters in connection with the èxamination to which attention should be drawn in this report in order to 8nable a proper understsnding of the accounts to be reached. Signed: Date: 6 April 2026 Name.. Simon Woodward Address: THE MARGARET HART CHARITABLE TRUST STATEMENT OF FINANCIAL ACTivrriES YEAR TO 30 JUNE 2025 Notes Unrestricted Funds 2025 Endowment fund 2025 Total Funds 2025 Totsl Funds 2024 INCOMING RESOURCES Incoming Resources from Ganerated Funds Voluntary income donations Investment income 69,586 69.586 70,524 Total incomlng resources 69.586 69,586 70,524 RESOURCE EXPENDED Charitable Actlvitles {66.586) {66,586} 151.0911 Governance costs (40) (40> {401 TOTAL RESOURCES EXPENDED (66,626) (66,626) (51.131) NET MOVEMENT IN FUNDS 2.960 2.960 19,393 RECONCILIATION OF FUNDS Total funds brought forward 219,770 11.500 231,270 228,310 TOTAL FUNDS CARRIED FORWARD 239,164 11,500 250,664 247,704 MARGARET HART CHARITABLE TRUST BALANCE SHEET AS AT 30 JUNE 2025 NOTES 2025 2024 FIXED ASSETS Investments 11.500 11,500 CURRENT ASSETS CCLA- COIF Charily Fund Bank Balance- Current account Cleansing Service Group - Trading account 196,539 21,469 21,510 187.630 21,195 27.379 239,164 236,204 CURRENT LIABILITIES Creditors falling due within one year TOTAL NET ASSETS 250,664 247,704 REPRESENTED BY.. Endowment Funds Unrestricted Funds 11,500 239,164 11,500 236,204 TOTAL FUNDS 250,664 247,704 The financial statements on pages 6 to 10 were approved by the Trustees on 6 April 2026. and signed on their behalf by-. R Sotoudeh Director- Hart Charity Nominees Ltd Dated-. 6 April 2026 THE MARGARET HART CHARITABLE TRUST NOTES TO THE ACCOUNTS Accounting Policlos In pr8paring the accounts the followtng accounting policie5 hav8 b88n complied with". The accounts have been prepared on th8 historic cost convention. The accounts ar8 in accordan￿ with applicable accounting slandards, the Charities SORP 2005 (Accounting and R8porling by Charities} and comply with tho Charities (Accounts and Reports) Regulations 2008 issued under the Charities Act 2011. b) Investment income is recorded when receivable. Income from donations is included in incoming resources when these are rec8ivabl6. d) Expenditure is induded on an acuual's basis. Donations payable 8re charged In the year tha cost was incurred. Irrecoverable VAT is tharg8d to the SOFA as incurred Investments aro included at ￿$t. The Trustees agreed that the costs of obtaining a valuation of the investrnents outweighs the benefits to the users of these accounts. The endowm8nt fund represents assets whith must be held pemanèntly by the charity- Income arising on the endowment fund is unrestricted and used in accordanca with the objects of the charity. Unrestricted funds compri58 those funds which th8 trustaes are free to use in accordan¢& with the charitable objects of the trust. Taxation The Trust is a registered ¢haiity and accordingly is exempt from taxation on its income and gains where they ar8 applied for charttable purposes. Investment Income has arfsen as follows:. 2025 2024 Source of Investment Income Unlisted Investments Cash 60,677 8,909 61,344 9,180 Total 69,586 70,524 Related Party Transactions Non8 of the Trust88s were paid any remuneration or axpenses by the charity during the Year (2024: none). Donatsd Services The charity receives free accounting services which are not valued in the accounts on the grounds that these are not considered material to the charity. Analysis of Charitable Expenditure The amounts paid in th8 year comprfse'.- 2025 2024 Providing Holidays for Beneficiaries Gardening Servic8S Free Christmas Hampers Beneficiaries Tea Paty Funeral BenGhlChairs Legal & Professional Welfare S8rvices 7,890 16,757 5,618 1,048 500 2,000 40 5,402 18,448 5,760 1,051 2,840 3.170 40 14.421 51.131 Support Costs Basss of Charitable Apportion- Actlvty ment Gover- nance Total 2025 Total 2024 Welfare Costs Legal & Professional Work done 32,773 32,773 14,421 Actual 40 32.773 32,813 Fixed Asset Investments All investments were all hèld in the UK and wgr8 as follows:. Endowment Funds Total 2025 Total 2024 Unlisted Shares 11,500 11,500 11,500 11,500 11,500 11,500 Analysis of Fund Assets and Llabilities Unrestricted Funds Endowment Funds Total Fixed Asset Investments Currenl Assets 11.500 11,500 239,164 239.164 236,164 11,500 250,664 The unr&stricted funds of the charity may b8 applied for any charitable purpose at the discretion of the Trustees. The endowment and additions th8reto are to be invested and the income used for any charitable purpos8 at the discretion of the Truste8S.