2026-03-31-accounts

St Cuthbert's Care (A company limited by guarantee) Annual Report for the year ended 31 March 2026 Registered Number 1645917 Registered Charity Number 512912

St Cuthbert's Care Annual Report for the year ended 31 March 2026 Contents Directors and Advisors......... Directors, report lincluding the strategic report) Independent auditors, report to the members of Sl Culhberl's Care....,.................. 10 Slalement of financial activities lincorporating an Income and Expendituro Accounl}......-...................14 Reconciliation of funds.................. 15 Balance sheet as al 31 March 2026......................,............................... ......................................... 16 Slalement of Cash Flows,.............. 17 Accounting policies,........... Notes lo the fln2ncial slalements,......................................,. .22

St Cuthbert's Care Directors and Advisors for the year ended 31 March 2026 The directors of the company who were in office during the year and up to the date of signing the financial statements were.. Directors Right Rev. Bishop S Wright tvlr M Dickson MBE Mr N Gilbert rs A Johnson Dr K Mannix Mr P Moran Mrs K Urwin Rev Adrtan Tuckwell Miss Laura Sharpe Mr Paul Fairlamb Resigned 22 October 2025 (Chief Executive) (Chaiil Resigned 29 April 2026 Appointed 6 October 2025 Appointed 6 October 2025 Appointed 6 October 2025 Company secretary and registered office Mrs J Nichol St Culhbert's Hou50 Wesl Road Newcastle upon Tyne NE15 7PY Independent Auditors S&WAudit 17 Queens Lane Newcastle upon Tyne NE1 1RN

St Cuthbert's Care Directors, report for the year ended 31 March 2026 The Directors present their strategic report for the year ended 31 March 2026. Objectives and activities The Charity's Slalement ol Purpose reads.. St Culhberts Care is a charity working for the common good by enabling people lo dovelop to theirpersonalpot&ntial The Charity's Vision reads.. To achigve excellence in 811 thet we do The Charity Values-. Cherishing Life We recognise the individuality of each person by upholding the principles of dignity, equality and diversity. Achieve We enable people to achieve their personal potential by fostering a Gullure of empowering and motivation, IEJlfilling our purpose. Respect We show kindness to everyone and through listening and understanding allow people lo have a clear voice. Empathy W8 employ a person<enlred approach that enables us lo provide Care and support for Individuals by recognising their unique circumstances. perspective and needs Responsibility We encourage everyone, regardless Df their role, to lake responsibility for ensuring the safety and wellbeing of our residents, safeguarding them from any potential harm or abuse. The Charity is a registered provid8r of social care which benefits the public as a wholè and the core services below represent the Charity's principal aclivilies.. residential care homes for children, including fostering., a range of residential and day services for disabled children and adults., and two nursing and residential care homes for older adults. In addition, the Charity fundraises lo provide services lo support the most impoverished and disadvantaged people across the North East, The Charity's strategic Five-year Plan for the period 2025-2030, was approved by the Directors in 2024. The Directors monitor progress and review tho plan each ye8r. The Directors have reviewed the Charity's Statement of Purpose, together with its Vision and Aims and Objectives and are satisfied that the Charity continues to meet the requirements of the Charity Commission's guidance on public benefit.

St Cuthbert's Care Aehievements and performance As the charity marks ils 80th year, this milestone has provided an opportunity to reflect on ils enduring mission and the continued relevance of ils work. To recognise this, an '80 Acts of Kindness initiativè was launched, encouraging colleagues, volunteers and stakeholders lo undertake simple acts of kindness within their communities. These acts ranged from small, everyday gestures, such as offering support, sharing time or extending kindness lo others, through lo going the extra mile in supporting those in need. The initiative reflects the values that have underpinned the charity's work over the past 80 years and continues lo influence ils approach today. More broadly, the Charity's activities include a diverse range of care services across the North East, regulated by Ofsled for children's services and the Care Quality Commission ICQCI for adult services. The regulators undertake planned and unannounced inspections. Four of the Charity's services were inspected during the yèar, one being rated Oulslanding" and the other three as"Good° These inspections offer an independent measure of the Charity s performance and all of the Charity's services are rated 'Good' or "Outstanding" The Charity's two day eentres for people with disabilities, the Hub@Parkhead and the Alan Shearer Cenlre, are not regulated areas of work, All the Charity's services reflect the high standards and quality care that are delivered by the Charity's care teams. The Charity's Vision is "lo achieve excellence in all that it does. and there can be no better measure of the Charity's performance than the feedback received from residents, families, our teams and fellow professionals. The Directors consider these testimonials lo be a direct demonstration of the Charity's values and progress. More detail can be accessed from the Charity's Annual Review, website and social media pages al hll s.lllinklr.eelslculhbertscare. The Charity's significant achievements this year included.. Two siblings from one of our children's homes successfully returning lo their birth family. We provided both children with a period of stability and worked with their parents to enable the siblings to safely return to their family home. A lenanl in one of our independent living seNices, who had previously lived al home, is thriving and growing in confidence after moving into our service and has been sharing her positive experience with other families in similar circumstances. This has proved to be very reassuring and helpful for these f8milies in making their own assessments on the benefits of independent living. Holy Cross Nursing Home in Sunderland achieved accreditation lo the Gold Standards Framework for outstanding end of life care, joining sister home Sl Catherine's in Newcastle which was accredited last year. This achievement demonslrales our commitment to person4entred care for the people we care and support. st Catherine's Nursing Home was inspected by the local authority during the year and scored a near perfect 399 out of 400 as further validation of the oulslanding care our nursing home care teams provide. Created purposeful volunteering opportunities al the Alan Shearer Activity Centre lo help build confidence and develop independence. During the year volunteers from the charity's independent living services. school work experience, Duke of Edinburgh volunteering and Journey Enterprises have all volunteered to help enhance the experience for our members at the Cenlre. The charity has re-invested in ils engagement with schools and parishes during the year, supporting both fundraising activity and the wider profile of its services. Through inilialives such as the schools Good Shepherd Appeal, these partnerships have generated vitsl funding for community seNices. This engagement also plays an important role in raising awareness of the charity's work, strengthening existing relationships and helping to build connections with future supporters and stakeholders. The increase in employer's national insurance contributions creates an additional challenge lo remaining an accredited Living Wage Employer. The Directors are of the opinion that providing the higher living wage, rather than simply the legal minimum lo our employees, continues lo be fundamental to demonslTaling how

st Cuthbert's Care we value and reward our employees. In addition, the Directors, recognise people want rewarding careers and seek lo provide career development opportunities for employees so that they can reach their personal potential, These afe key elements lo both retain highly skilled staff and lo create future leaders within the Charity. During the year seven employeEs have been promoted and 14 employeès completed their Care CertificalelLeader in Adult Care Apprenticeship training. The NE Combined Authority's Shine re-accreclilation independently demonslrales the Director5 commitment lo our employees, wellbeing and mental health. Sustainability and reducing the impact on the environment is one of the Charity's objectives, during the year the Charity completed the procoss of conlraGting for all of ils electricity supplies from laO°h renewable sources. There is still more lo do lo ieduce our impact on the environment whilst continuing to provide high quality care. The Alan Shearer Activity Cenlre, although not regulated, demonslraled the Charity'8 Commitment lo delivering inclusive, person-cenlred services when it achieved the National Autism Award, recognising the high quality of specialist support provided lo individuals with autism. Financial review The Statement of Financial Activities for the yeai is sel out on page 14 of the financial statements. A summary of the financial results and the work of the Charity is set out below. The Charity recorded a deficit for the year of £136,854 compared lo a surplus of £177.821 in 2024. The Charity's income increased by 2.6¥0 10 £13,624.63012025'. £13.276,7811. Most of the increase was attributable to inGgme from commissioned care services, up 5.7D/o, with increases in both donations and Dlher trading activities also conlribuling. Reduced inwme from legacies, foslerlng and investment income resulted in the overall income increase being only 2.60/0. The f8e uplifts achieved from l(Kal authority commissioners fell below the level required to meet the increased Cost of providing high quality care, this position is unsustainable in the longer-lerm. Fundraising The Charity is deeply grateful for the generosity of ils supporters. Donated income. including legacies received both directly and via parish collections, decreased by 38 /0 during the year. Donations increased by 41 /0 whilst legacies, which lend to fluctuate year lo year, decreased by 890h. Donations and legacies continue to be vital in enabling the Charity to support some of the most vulnerable members of s(Kiely - particularly in areas where no statutory funding is available. This includes the Alan Shearer Cenlre. our support of the sErvice for people facing hardship or homelessness, Joe's Place in Gateshead and the Holy Cross lunch club in Sunderland for those at risk of social isolation where a warm meal and a welcoming space are provided. Fundraising is coordinated and monitored by the Charity's own employees, volunteers and patrons. The Charity contracts with an external fundraiser lo support income generation for the Alan Shearer Foundation, which funds the activities provided free of charge al the Alan Shearer Activity Cenlre, regular meetings are held with the Chief Executive to ellsure compliance with the Fundraising Code. Income is raised Ih¥ough voluntary contributions from individuals, local businesses and organisèd events The Alan Shearer Foundaliop. raised £567,309 during the year12025', £493,854), the increas$ due lo a public appeal for donab-ons by Alan Shearer on the BBC. the sale of charity hranded merchandise and income from the fundraising ball. The Directors expres8 their most sincere thanks lo patrons, Lainya and Alan Shearer CBE, and family, for their dedicated support of the Charity over the last 20 years. They would also like to acknowledge and thank patron, Mike Bmwne, for his donatlons and continued SUPPDrl of Alan's Foundation since ils launch in 2D12. The Charity 15 registered with the Fundraising Regulator and it follows the cC￿e of Fundraising Practice, no eompliance issues were raised about our fundraising pracliee during the year. The Charity does not parli¢ipale in any fundraising that may be considered aggressive or intrusive and has received no Complaints during the year in connection with ils fundraising.

St Cuthbert's Care Cashflow The Charity's cash balance decreased by £483,528 during the year lo £3,075,921 and includes the reslricled reserves of £394,808. Cash genemted from operations was £84,687 compared lo £479,804 in 2024 and the Charily invested an increased amount of £653,685 into fixed assets in the year12024.' £343,7051. Resources expended Total expenditure increased by 5D/o lo £13,761,48412025.' £13,098,060). Most of this increase reflected the increase in salaries to the Charity's employees. The increase ill other trading aclivilies, which accounted for just over 100/0 of the total increase in expenditure, bèing due lo both the increase in lundtsising activities and the increased cost of fundraising. Employees and volunteers Good Ca￿ starts with good people and the Charity relies on the eompagsionale Caro and profession21ism of ils employees and volunteers lo ensure that eare services are person-cenlred and delivered with dignity and respect. The Charity had an average of 30812025.. 3061 full and part-lime employees delivering care and support during the year. Volunteers, through their time and enthusiasm. add value to the Charity's services, enriching the lives of the Charity's beneficiaries. The Charity benefited from over 4,500 volunteer hours during the year and we welcome anyong who would like to support the Charity by volunteering. The dedicalioT) and commitment of our eare teams to the Charity's beneficiaries ensures they continue lo receive the best possible care. The training and development of employees not only helps lo achieve this for the people we support bul also, in accordance with the Charity's Purpose. seeks lo enable our employees lo develop lo their personal polenlial. We recogni5e the demands on our teams ofworking in the social care sector and of life generalty. The Charity's mental health first aiders are there to support their colleagues when in need and additionally offers a free confidential counselling service availablo lo all our employees. These actions evidenee the Charity's Commitment lo ils employees and very much rellecl the Charity's culture in valuing and iespecling every individual. The Charity's recruilmenl policies re-enforee our commitment to equal opportunities in ernployment. The Chaiity's Values Eased approach lo recruitme￿t ensures we employ, train and promote employees based on their values, abilities and qualifications wilhoul regard lo age, disability, gender reassignment, marriage or civil partnership, pregnancy and maternity, race lincluding colour, nats'onalily and ethnic or national origin), religion or belief, sex or sexual orienlalion. The Charity is also an approved user of the Positive about Disabled People symbol and was accredited at the intermediate. level for the North East Combined Authority's Shine award. The Charity remains committed lo maintaining ils slalus as an accredited real Living Wage Employer. The Charity's gender pay gap report shows that the Charity's workforce is predominantly female a profile which reflects the social eare sector as a whole, All employees are paid the same rale for the job grade regardless of gender. All new employees and volunteers undertake a thorough programme of induction training. This Marks the beginning of a career-long learning programme at St Cuthberl's Care. The employee handbook, togethèr wllh staff a5so¢ialion meetings, intranet, team meetings and regular briefings help to keep employees informed of the Charity's initiatives nd performance. Plans for future period$ The Charity continues to focus on the execution of ils Five-year Plan for 2025-2030, an outline of which is noted below. The Chief Executive, supported by the senior management team, continue to focus upon the implemenlalion of this plan which will generate new incowe and will continue lo keep the Charity's employees and beneficiaries al the heart of ils wort< whilst also being alert lo new opportunities.

St Cuthbert's Care That every service delivers a person-cenlred approach to support, ensuring that outcomes are specific for the individual. Progress will be measured by internal reviews by the senior team End externally by regulatory ratings. Priorilise employee personal and professional development lo suppoil each individual lo thrive and reach their personal potential, with the aim of enhancing the quality of care and support, improve employee retention through internal development opporlunilies and support succession planning at all levels. Progress is measured by survEys, internal promotions, and employee turnover rates. Increase engagement and communication with all stakeholders (people we support. employees & volunteers, parishes, schools and donorsl lo imprDve awareness of the Charity's work. Performance measured by survey, employee turnover, Compliments & complaints, donations and ne￿ork of stakeholders. A commitment lo sustainable practices across all the Charity's services in order lo reduce the Charity's impact on the environment. Measured by external assessment. That all revenue gènerating services generate a surplus. The Charity 8chieves a surplus of 50/0 lo ensure the Charity remains financially viable, is able to invest in ils existing services and has the resources lo develop new services lo meet any un-mel demand. Investment in childr&n's residential Services including offering a leaving care setvice to support young people Iransilioning from our 2417 residential care lo independent living. Expansion of Fostering North East, recruiting additional carers lo improve diversity. Develop and implement an improvement plan to ensure that care services for older people are independently financially viable. Produce a long-lerm strategic plan for the Holy Cross sile, Seek opporlunilies to deliver community I charitable services to embed the Charity in the community it serves. The charity has well dèveloped plans to open two new services during 2026127. The first a commissioned service for the residential care of children with disabilities. The second a charity funded service lo support vulnerable women al risk of being homeless andlor being criminally exploited. Principal risks and uncertainties The Charity's core work is in social care provision, and as noted earlier in this report, risk management is embedded in every aspect of the Charity's activities. The Directors have considered the Charity's risks and seek to mitigate them as far as is practical. The Directors consider the under-funding of services by commissioning bodies that is prevalent across the whole of the social care sector and the lecruilmenl of skilled care workers lo be the most significant risks facing the Charity in the medlum to long term. In addition, the Charity musl operate with high occupancy levels dLte lo the high fixed costs of operating care services. High occupancy levels ensure regular cash flows which help mitigate the under-funding of care. Any surplus is re- invested in the Charity's servicès. The Charity's excellent reputation, which reflects the care and compassion shown by ils highly committed employees in delivering high quality care helps ensure a steady flow of referrals from placing authorities. The Charity also undertakes annual fee negoli8lions for every service. The Directors consider these actions, along with a strong culture of transparency and prudent stewardship, will enable the Charity lo manage the 5ector-wide challenges it faces. The Charity's forecast and budget for the corning year indicate an operating deficit is possible if higher occupancies are not achieved andlor the current fee uplifts for 2026127 are not increased. The Charity's cash reserves remain SLJffielent that should a deficit be incurred the Charity will remain able lo pay its debts as they fall due beyond 12 months from signing this report.

St Cuthbert's Care The Charity's work is the provision of essential social care services commissioned by local authorities and there remains strong demand for the Charity's seNices. The Charity's excellent reputation with commissioning authorities adds further comfort. The Directors continue lo expect this and future financial years lo be Challenging due lo the under-funding of services but are confident that through effective management, backed up by healthy cash reserves, the Charity will be able lo manage the challenges ahead. More details about the Charity's services, testimonials and information on future developments ean be found on the Charity's website.. htt s.'Ilstculhbertscare.or .uk. structure, governance and management The Charity was founded in 1946 and then incorporated in England as a charitable company limited by guarantee on 23 June 1982.11 is govèrned by Articles of Association which were last amended on 25 June 2024. Its obje¢ls are to carry out all forms of social care. Governance and internal control The Articles of Association allow for up lo 12 directors to be appointed at any one time. The Directors are also Iruslees. The Board of Directors meets quarterly and has appointed a Chief Executive to manage the day-to-day activities. The Chief Executive is a director. The Board is supported by three sub-commillees.. The Audit, Finance and Risk sub-commillee oversees the fi'nances and management of risk for the Charity. Effective risk management is embedded within the culture of St Culhberl's Care. The managers of the Charity's services implement, review and amend risk management plans as and when required. A iisk panel, comprising the Charity's key management personnel and the Director of Compliance, meets monthly lo assess all risks lo the Charity, both potential and actual, and implemènts appropriate controls. The Remuneration sub-commillee benchmarks and reviews salaries and benefits across the Charity. The Nominations sub-committee considers suitable applicants to be proposed lo the full Board for onsideration for appointment as directors. Directors are interviewed and proposed by the Nominations sub- committee and appointed by invitation of the Bishop. The Charity aims lo ensure and maintain a balance of skills and experience relevant lo the work and business needs of the Charity. Key management personnel Chief Executive Director of Care & Deputy Chief Executive Director of Children's Services Director of Compliance Financial Controller HR Lead Nic Gilbert Amanda Head Jody Scoll Gill Ennis Julie Nichol Denise Hall Directors The directors of the company during the year and up lo the dale of signing are listed on page one. The Charity inducls evèry director upon appointment and provides training days. These include refresher training on trustees and directors, legal duties and responsibilities. Visits lo the Charity's services enable the Directors lo meet the Charity's beneficiaries and employees. These visits make for more informed decision making al the Charity's Board meetings.

St Cuthbert's Care Investment policy Under the Articles of Association, the Charity has the power lo make any investment which the Directors see fit. Currently, 2nd throughout the year, funds have bèen invested in short term cash deposits only. The Directors consider this to be the most appropriate course given the shorl-lerm needs of the Charity- Insurance of directors The company had during the year ended, and continues to maintain, appropriate insurance for the Directors in respect of liabilities that may arise against them petsonally in connection with their duties as directors of the company and as trustees. Pay policy for senior employees The pay of senior employees is reviewed annually by the Directors. Parl of this prO￿sS includes the bellchmarking of Ioc31 market rates in similar organisalions. Reserves polley The Directors require the Charity's general reserves to be sufficiènt lo allow Sl Cuthbert's Care the flexibility lo continue to operate and develop in accordance with the Charity's Slalement of Purpose and Articles of Association. The Directors believe it prudent to hold general reserves of £2.1m, which they consider is required lo meet the financial risks the Charity may face, as identified in the annual budgeting process for potential downside sensilivilies. As al 31 March 2026, the current level of the gèneral reserves is £1.99m. The Directors review the policy on reserves on an annual basis as part of the annual budgeting process and monitor the level ol rese￿e5 throughout the year. In addition there is one designated fund and one reslricled fund maintsined by the Charity, details of which can be found in note 18 in the financial slalemenls. statement of directors, responsibilities The Directors (who are also Trustees of Sl Culhberl's Care for the purposes of charity lawl are responsible for preparing the Directors. Report lincluding the Sliategic Report) and the financial statements in accordance with applicable law and regulations. Company law requires the Directors lo prepare financial statements for each finanei81 year. Under that law the Directors have prepared the financial slalements in accordance with United Kingdom Accounting Standards, comprising FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" and applicable law (United Kingdom Generally Accepted Accounting Practice). Under company law, the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for that period. In preparing these ftnancial slalemenls, the Directors are required to.. select suitable accounting policies and then apply therN Consistently., observe the methods and principles in th8 Charities, SORP., rnake judgements and estimates that arè reasonable and prudent., slate whether FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland subject to any material departures disclosed and explained in the financial stalemenls., and prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charitable company will continue in business. The Directors are responsible for keeping proper accounting records that disclose with reasonable accuracy al any lime the financial position of the Charity and to enable them lo ensure that the financial statemen15 comply with the

St Cuthbert's Care Companies Act 2006. They are also responsible for safeguarding the assets of IhÈ Charity and hence taking reaSO￿able steps for the prevention and detection of fraud and other irregularities. The Directors are responsible for the maintenance and integrity of the charitsble company's website and social media 2CCOLJnls. Legislation in the United Kingdom goveming the preparation 2nd dissemination of financial slalemenls may differ from legislation in olherjurisdiclions. Disclosure of information to audttors In so far as the Directors are aware at the lime of approving this report-. there is no relevant audit information of which the Company's auditors are unaware, and each director has taken all the steps that helshe ought lo have taken as a director in order lo Make himselflherself aware of any relevant audit information and lo èstablish that the Company's auditors are aware of that information. Independent Auditors The auditors, S&W Audit, have indicated their willingness to continue in Offi￿ and a resolution concerning their reappointment will be proposed al the Annual General Meeting. On behalf of the Board oran Chair 2g July 2026

St Cuthbert's Care Independent auditors, report to the members of St Cuthbert's Care for the year ended 31 March 2026 Opinion We have audited the financial slalemenls of Sl Cuthbert's Care (the 'charilable company'l for the year ended 31 March 2026 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes lo the financial slatemenls, includin9 a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standard5, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (Unilecl Kingdom Generalty Acceptèd Accounting Practice). In our opinion the financial statements.. give 8 true and fair view of the slate of the charitable company's affairs as at 31 March 2026. and of the company's income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi¢g', and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We eonducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities lor the audit of the financial slalemenls section of our report. We are independent ol the ch2rilable company in accordance with the ethical requirements that are relevant lo our atsdil of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence wè have obtained is sufficiènt and appropriate lo provide 8 basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going conGern basis of accounting in the preparation of the financial statements is approprtate, Based on the work we have performed, we have not identified any material uncerlainlies relating lo events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of al least ￿e1ve months from when the h'naneial slalemenls are aulhorised for issue. Our responsibilities and thè responsibilities of the trustees with respect lo going concern are described in the relevant sections of this report. other Information The other information comprisès the information included in the Directors Annu21 Report. other than the fr'nancial slalemenls and our auditor's report thereon. The Trustees are responsible for the other information contained within the Directors, Annual Report. Our opir*ion on the financial statements does not cover the other inft>rmation and, except lo the extent otherwise explicitly staled in Dur report, wè do not exprèss any form of assurance conclusion IheTeon. Our rèsponsibility is to read the other information and, in doing so, consider whether thè other information is malerialty inconsistent with the lin4llcial slalemenls or our knowledge obtained In the course ol the aLJdil or othewise appears lo be materially misstated. If we identify such material inconsistencies or apparent material misslatemenls, we are requiied to determine whether this gives rise lo a material misstaloment in the financial statements themselves. If, based on the work we have perLormed, we conclude that there is a material misslalement of this other information. we are required to report that fael. Vve have nothing lo report in this regard.

St Cuthbert's Care Independent auditors, report to the members of St Cuthbert's Care (continued) Opinions on other matters prèscribed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Directors, Report, which includes the Strategic Report, is prepared for the PUIPOse of company law, for the financial year for which the financial slalemenls are prepared is consistent with the financial stalemenls., and the Strategic Report included in the Directors. Report has been prepared in accordance with applicable legal requirements. Mattèrs on which we are required to report by exception In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misststeTnenls in the Direclor5' Report including the Strategic Report. We have nothing to report in respect of the following rnatlers in relation lo which the Companies Act 2006 requires us lo report to you il, in our opinion. adequate and sufficient accounting records have not been kept by the charitable company, or Teturns adequate for our audit have not been received from br8nches not visited by us-, or the charitable company's financial slalements 8re not in agreement with the accounting records,, or certain disclosures of Iruslee5' retnuneralion specified by law are not made,. or we have not received all the information and explanations we require for our audit., or the trustees were not entitled to take advantage of the small companies. exemptions from the requirement lo prepare a strategic report. Responsibilities of trustees As explained more fully in the Directors, Responsibilities Statement sel out on page 8, the trustees Iwho are also directors of the charitable company ft)r the purposes of charity lawl are responsible for the preparation of the financial statemellts which give a true and fair view, and for such internal control as the trustees determine is necessary lo enable the preparation of financial statements that are free from material misslalemenl, whether due to fraud or error. In preparing the financial slatemenls, the Iruslees are responsible for assessing the charitable company's ability lo continue as a going concern, disclosing, as applicable, mallers related lo going concern and using the going concern basis of accounting unless the trustees either intend lo liquidate the charitable company or lo cease operations, or hav& no realistic allèrnalive but lo do so. Auditor's responsibilities for the audtt of the financial statements Our objectives are lo obtain reasonable assLJrance about whether the financial slatem&nls as a whole are free from material misstalemenl. whether due lo fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assuran￿, bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delecl a material mlsslatemenl when il exists. Misslalemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic de¢isions of users taken on the basis of these finan¢ia5 slalemenls

St Cuthbert's Care Independent auditors, report to the members of St Cuthbert's Care (continued) Irregularities. including fraud, are instances of non-compliance with laws and regulations. We design pmceduTes in line with our responsibilities, outlined above, lo delecl material misslalemenls in respect of irregularities, including fraud. The exlenl to which our procedures are capable of delecling irregularities, including fraud, is detailed below. We obtained a general understanding of the company's legal and regulatory framework through enquiry of management concerning their Ljndèrslanding of relevant laws and regulations, the èntity's policies and pitscedures ￿ardIng compliance, and how they identify, evaluate and 3ccounl for liligalion claims. We also drew on our existing understanding ol the company's industry and règulations. Vve understand that the company Complies with the framework through: Engaging external legal professionals as required and making changes to internal procedures and controls as necessary. The dirèctors, close involvement in the day-to-day running of the business, meaning that any liligalion or Claims would come lo their allenlion directly. Monitoring of updates made by regulatory bodies. In the context of the audit, we considered those laws and regulations which determine the form and conlenl of the financial slatemenls, which are central to the company's ability lo conduct its business, and where there is a risk that failure lo comply Could result in material penalties. We identified thè following laws and regulations as being of Significan￿ in the Context ol the company.. The Companies Act 2006 and FRS 102 I￿ respect of the preparation and presentation of the financial slalements. The Charities Act 2011 and the Charities.. Slalem&nl of Recommended Practice in respect of the preparation and presentation of the financial slatemenls, We performed thts followllg specific procedures lo gain evidence about compliance with the significant laws and regulations identified above.. Making enquires ol trustees and management as to where they consider there to be a suscepbbility lo fraud and whether they have any knowledge or suspicion of fraud., Obtaining an understanding of the internal controls established lo miligale risk5 related lo fraud or non-complian￿ with law5 and regulalion5', Reviewing the ￿inUteS of meetings of those Charged with governance., Rèviewing the reports and communications issued by Ofsled and the Care Quality Commission., and Reviewing a sample of legal and professional fees to ensure that any claims. liligalion or other compliance related matters weTe identified and appropriately disclosed. The senior slalulory auditor led a discussion with senior members of the engagement team f￿ardIng the susceptibility of the entity's financial slalemenls lo material misslalemenl, including how fraud might occur. The areas identified in this discussion were.. Manipulation of the financial statements via fraudulent journal entries and management overriding controls. L2

St Cuthbert's Care

These areas were communicated to the other members of the engagement team not present at the discussion.

The procedures we carried out to gain evidence in the above areas included:

• Performed data analytics on the general ledger against client specific criteria

• Selected a sample of journal entries using client specific risk criteria and agreed to supporting evidence

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to 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 responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Craig Henderson (Senior Statutory Auditor) For and on behalf of S & W Audit Statutory Auditors 7th August 2026

17 Queens Lane Newcastle upon Tyne NE1 1 RN

13

St Cuthbert's Care Statement of financial activities (Incorporating an Income and Expenditure Account) for the year ended 31 March 2026 Unrestrlcted funds Re8tri¢ted funds 2026 Total 2025 Total Note Income Income from charitable activities Care for children 2.349,245 2,349,245 2.242,844 Care for people with disabilities 4,082,408 4,082,408 3.875,143 Care for older people 5,607,008 5,607,008 5,283,276 Grants receivable Fostering & social work Income fmm donations, legacies and other trading activity 757.769 757,769 900,056 Donations 120,033 38,386 32,680 69,792 187.220 307,253 38,386 397,089 216,461 Legacies other trading activities Investment income 346,084 324,990 107,927 364,409 15,680 85,472 567.309 13,624,630 Total income 13,057,321 13,276,781 Expenditure Expenditure on charitable activities 13,027,915 429,460 13,457,376 12,873,645 Expenditure on raising funds Donations and legacies Other trading activities Total expenditure 15,637 11,492 15,637 15,553 276,980 288,472 209,762 706,440 13.761,484 13,098,960 13.055.044 Net income I Ideficitl for the year 2,277 139,1311 1136,8541 177,821 All operations arè continuing. All gains and losses in the year are included in the Slalemenl of Financial Activities.

St Cuthbert's Care Reconciliation of funds for the year ended 31 March 2026 Unrestricted Restrlcted funds funds Total 2026 Total 2025 Fund balances at 1 April 2025 7,535,818 593.858 8,12g,676 7,951,855 Net inoome I Ideficill for the year 2,277 1139,131} 1136,854) 177,821 Transfers 59,919 159,919) Fund balanees at 31 March 2026 7,S98,014 394,808 7,992,822 8,129,676

st Cuthbert's Care Balance sheet as at 31 March 2026 Company registration number: 1645917 Note 2026 2025 Fixed assets Tangible assets 5.599,882 5,225,316 Total flxed assets 5,599,882 5,225,316 Current assets Stock 13,566 Debtors 10 633.994 601,501 Cash at bank and in hand 3,075,921 3,559.449 Total current assets 3,723,481 4,160,950 Creditors: amounts falling due within one year 11 1,112,850) {1009,731) Net current assets 2,610,631 3.151,219 Total assets less current liabilities 8,210,513 8.376.535 Creditors.. amounts falling due after more than one year 12 1175,0001 1200,0001 Provisions for liabilitie5 and charg8S Net assets 14 142,6911 146,8591 7,992,822 8,129,676 The funds of the Charity Unrestricted funds General funds 1,998,132 2.31D,502 Designated ftjnds.. Cgpilal assets fund 18 5,599,882 5,225,316 7,598,014 7,535,818 Restricted funds 18 394,808 593,858 Total funds 18 7,992.822 8,129,676 The financial statements on pages 14 to 30 wefft approved by the Board of Directors and were signed on its behalf by.. Moran Chair 29 July 2026

St Cuthbert's Care Statement of Cash Flows for the year ended 31 March 2026 Note 2026 2025 Cash flows from operating actlvltles Net cash provided by operating activities 16 84,687 479,804 Cash flows from investing activities Interest received 85,472 107,927 Purchase ol tangible fixed assets 1653,685) 1343,7051 Nèt cash used In Inve5ling actlvltles 1568,2131 1235,2781 Cash flows from financing activities Net cash used in financing activities Change in cash and cash Èqulvalents In the reportlng period 17 {483,5281 244,526 Cash and cash equivalents at the beginning of the eriod re orlin 3,559,449 3,314,923 Cash and cash equivalents at the end of the reporting eriod 3,075,921 3,559,449

St Cuthbert's Care Accounting policies The principal accounb'ng policies aLtopted, jLJdgements and key sOu￿S of estimation uncertainty In the preparation of the financial statements are as follows.. Basis of preparatlon The financial 8lalements have been prepared in accordance with Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their financial slalemenls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (Charities SORP FRS 1021, the Financial Reporting Standard applicable in the UK and Republic ot Ireland IFRS 1021 and the Companies Act 2006. Going concern In the year ended 31 March 2026 the Charity recorded a defi¢it ft)r the year of £136,853 and had a year ènd cash position of £3,075.921 with no borrowings. The deficit ¢omprised an unreslricled surplus of £2,277 and a rèstricted deficit of £139,131. The re51ricled dèficit is funded frotn the reslricled resetve, the reslricled funds balance al the 31 March 2026 was £394,808. The like for like combined occupancy level for all the charity's services declined by 4°k compared to 2024125, which contributed lo the reduced unreslricled surplus for the year along with the increase in employer costs this year. Occupancy levels need lo remain at high lev&ls for the charity's services lo be financially viable. The Charity's forecasts for the coming year factor in the increased staffing costs paid lo employees delivering care and which are necessary to reward and relain our highly skilled employees. The Charity has no borrowings bul does benefit from interest from funds on short term deposit. Fee negotiations with commissioning local authorities are ongoing bul Il is clear that fee increases for 2026127 will fall short of full Cost recovery. However, the Charily's cash reserves give comfort that this is manageable in the medium term, including al leasl the next 12 months fiom the dale of signing. The Directors have reviewed and assessed the financial performance for the first quarter of 202612027. A cash flow forecast for the period lo August 2027 has been prepared, which considers realistic downside cash flow sensilivilies and this together with continued dewand for the Charity's care services gives the Directors confidence in conlinLJing ID adopt the going eon¢ern basis of accounting.

St Cuthbert's Care Accounting policies (continued) Income Income is rec￿nISed when the Charity has enlillement to the funds, any performance conditions attached lo the itemlsl of income have been mel, il is probable that the income w711 be received and the amount Can be measured reliably. For legacies. enlillemenl ts the earlieT of the date on which either.. the Charity is aware that probate has been gTanled, the eslale has been flnallsed and notification has been made by the exe¢ulorslsl to the Charity that a distribution will be made, or when a distribution is re￿iVed from Ihg eslale. Receipt of a legacy is only considered probable when the amount can be measured reliably and the Charity has been notified of the executor's intention to make a distribution. Donated goods and services The value of donated goods lo the Charity which are for resale are recognised in the financial statements as income when sold due lo the low-value of items received. In accordance with the Charities SORP IFRS 1021, volunteer lime is not reC￿nIsed., details about the volunteers, contribution can be found in the Directors, ￿ptsrt. Expenditure All expenditure is accounted for on an acciuals basis and has been classified under headings that aggregate all Costs rèlated lo the category. Support costs include expenditure which cannot be directly attributed lo particular headings and have therefore been allocated to activities on the basis of employee costs. Governan¢e costs represent the legal and professional fees of running the Charity 2nd costs associated wlh preparing and holding Board meetings and are inclLJded within support costs. Rèsources expended include attributable VAT which cannot be recovered. Tangible fixed assets Fixed assets costing more than £7,500 are capitalised and included at purchase cost. together with any incidental costs of acquisit¢"on, Depreciation is calculated so as lo write off the cost of tangible fixed assets, less their eslimaled residual values, on a straight-line basis over their expected lives. The princip31 annual rates used for this purpose are.. Freehold land Plant Furniture and equipment Computer equipment Motor vehicles Assets in the course of conslruclio 33 20 Freehold and long leasèhold buildings aTe depreciated over 50 years or, if shorter, over the period of the lease.

St Cuthbert's Care Accounting policies (continued) Fixed asset investments Fixed asset investments are slatecl al the lower of cost or nel realisable value. Operating leases Leases that do llal transfer all the Tisks and rewards of ownership are classified as operating leases. Rentals payable are eharged on straight line basis over the term of the lease. Stock The charity's stock of goods for res8le have been measured al the lower of the cost and eslimaled nel sales proceeds. Debtors Trade and other debtors are recognised at the seitlemenl amount due 8fter any trade discount offered. Prepayments are valueci at the amount prepaid net of any trade discounts due. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less Irom the date of acquisition or opening of the deposit or similar account. Creditors and provisions Creditors and provisions are recognised where the Charity has a pr8senl obligation resulting from a past event Ihatwill probably result in the transfer of funds lo a third paty and the amount due lo sellle the obligation can be measured or estimated reliably. Crèditors and provisions are rsormally recognised al their settlement amount after allowing for any trade discount due. Financial Instruments The Charily only has financial assets and financial liabilitie5 of a kind that qualify as basic financial instrLJmenls. Basic financial instruments are initially recognised al transaction value and subsequently measured al their settlement value with the exception of bank loans which a￿ subsequently mè8sured al amortised cost using the effective interest method. Grants receivable Grants. inclLJding those for the puichase of fi'xed assets, are rec(￿nISed in full when the Charity has entitlement to the funds, any performan￿ conditions attached lo the grallts have been met, il is probable that the incorlle will be received and the amount can be measured rèliably and is not deferred. Fund accounting General funds are unreslricled funds which are available for use at the discretion of the Directors in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unreslricled funds that have been set aside by the Directors for particular purposes. Thè aim and use of each designated fund is sel OLtI in note 18 to the financial slatemenls. Reslricled funds are funds which are lo be Ltsed in accordance with specific reslrictsons imposed by donors or which have been raised by Ihe Charity for particular purposes. 20

St Cuthbert's Care Accounting policies (continued) Pension costs The Charity makes available a defined contribution pension scheme lo employees to which it contributes. The scheme originally set up as a stakeholder pension scheme meets the automatic enrolment Tules. There is a historical unfunderl pension liability and adjuslmenls lo this pension liability, referred to in note 14, are made in line with actuarial factors based on the invoiced costs from the administering authority and adjusted lo include a cost of living increase. These costs are included in the SOFA, Critical accounting estimates and areas of judgement Preparation of the lin8n¢ial statements requires management to make estimates and judgements. These are continually evaluated and are based on historical expeTience and other factors, including expectations of future events that are believed lo be reasonable under the circumstances. The directors consider there to be no significant estimates or judgements made during the year which had a material impacl on the results reported in the financial statements.

St Cuthbert's Care Notes to the financial statements for the year ended 31 March 2026 1 Expenditure on charitable activities Direct costs Support costs 2026 2025 Care for people with dis8bililies 3,886,306 336.178 4,202,484 4.111,051 Gare for older people Care for children, loslering & Social work 5,761,628 482,081 6,243,709 5,852,770 2,812,371 198,811 3,011,182 2,909,824 12,440,305 1,017,070 13,457,375 12,873,645 2 Expenditure on raising funds Direct costs SupF)orl costs 2026 2025 Voluntary income, donations & legacies Activities for generating funds 14.169 1,468 1S,637 15,553 282,089 6,383 288.472 209,762 296,258 7.851 304,109 225,315 3 Support costs Support costs, including governance costs of £32,28012025.' £29,204), not directly allribulable lo projects have been allocated on the basis ol employee costs and are analysed below.. Employee costs Dèprociab'on Other costs 2026 2025 Charitable activities 606,601 19,304 391.166 1,017,071 1,000,804 Raising funds 4,682 149 3,019 7,850 7,600 611,283 19,453 394,185 1,024,921 1,008,404 22

st Cuthbert's Care 4 Employee costs 2026 2025 Employee costs: Wages and salaries 9.192,068 8,774,609 Social security costs 1,038,654 735,034 Pension costs 242,506 201,711 10,473,228 9,711,254 The pension costs were charged through the Statement of Financial Activities in respect of the defined contribution scheme operated for employees and allocated between activities both reslricled and unrestricted funds on the basis of employee costs. The company maintains insurance for its employees in respect of their duties as eTnployees as part of ils overall insurance policy. Seven employees received emoluments above £60,000 12025.. six). FThie of the employees are in the band £60.000-£70,000 {2025'. foL(rl, one employee is in the band £70.000-£80,000 (2025.. one) and one employee is in the band £90.000-£100,000 {2025.' onel. The key management personnel of the Charity comprise the Chief Executive, the Director of Care, the Dirèctor of Children's Services, the Director of Compliance, the Financial Controller and the HR Lead. The total employee benefits of the key management personnel of the Charity were £403,85412025.' £386,595). The average monthly number of employees, analysed by function was.. 2026 2026 Full-Time Equivalent 2025 2025 Full-Time Equivalent Number Number Charitable activities 307 233 305 233 Expenditure on raising funds 308 234 306 234 23

St Cuthbert's Care 5 Directors, emoluments 2026 2025 Aggiegale emoluments and fèes 95,968 93,713 Emoluments are paid to one direclor12025.' one), the Chief Executive for services as a director and not zs a Iruslee of the Charity. Provision for payments lo the Chief Executive and the Finance Director are made in the company's Articles of Association. Included in the above are contributions made ID the Charity's pension scheme in respect ol this director of £4,486 12025." £4,463). The Director received no reimbursement of travel expenses in the year12025'. £Nill. Other than as noted above, no director was enlilled lo nor received any remuneration for their services {2025.' £Nil} or were accruing benefi'ts under the pension schemes12025'. £Nil} or received reimburs6m8nl of their expenses12025.' £Nill. 6 Net income for the year Nel income for the year is staled after charging.. 2026 2025 Dep￿CIatE0n charge for the year Auditors, remuneration lor audit services 279,119 253,155 26,400 25,200 7 Taxation The Company is a charity established under the Charities Act 2011.11 is therefore exempl from laxalion in respect of income and capital gains received within categories covered by S505 Income and Corporatio Taxes Act 1988 or S256 Taxation ol Chargeable Gains Act 1992, to the exlenl that such income or gains are applied lo charitable purFX)ses only. 24

St Cuthbert's Care 8 Tangible assets Freehold Furnlture equipment and plant long leasehold buildings Assets In the course of construction Motor vehicles Total Cost Al l April 2025 6,588,767 3,051,187 45,920 98,667 9,784,541 Additions 333,383 206,S38 113,764 653,685 Disposals Transfers 87,364 11,303 198,6671 At 31 March 2026 7,009,514 3,269,028 45,920 113,764 10,438,226 Accumulated Depreclation At 1 April 2025 2,388,922 2,124,383 45,920 4,559,225 Charge for the year 119,155 159,964 279,119 Eliminated in respect of dis osals At 31 March 2026 2,508.077 2,2B4,347 45.920 4,838,344 Net book valug At 31 March 2026 4,501.437 984,681 113,764 5,599,882 Al 31 March 2025 4,199,845 926,804 98,667 5,225,316 9 Capital commitments Capital expenditure aulhorised and contracted for but not provided for in the accounts amounts lo £228,487 {2025'. £313,947). This 15 for expenditure relating Its the refurbishment of a property in preparation if opening an incorne generating residential service for childrerk With disabilities. This work will be completed during the first quarter of the 2026-2027 financial year. 25

St Cuthbert's Care 10 Debtors 2026 2025 Trade debtors 271,425 452.271 Other debtors 17,286 6,614 Prepayments and accrued income 345,283 142,616 633,994 601,501 11 Creditors: amounts falling due within one year 2026 2025 Trade creditors 518,238 418,711 other creditors 5,986 13,300 Taxation and social security Accruals and deferred income 242,979 196,634 345,647 381,086 1,112,850 1,009,731 12 Creditors: amounts falling due after more than one year 2026 2025 Deferred income 175,000 200,000 175.000 200,000 Thè Directors expect the deferred income lo be released lo the Slalemenl of Financial Activities over the next 8 years. It relates lo the prepayment of rental income for office space by the Diocese of Hexham & Newcastle and is being released al a rale of £25,000 per annum12025.. £25,000). 13 Reconciliation of deferred income 2026 2025 At fj April 2025 Released during the year At 31 March 2026 225,000 250,000 125,0001 125,0001 200,000 225,000 There is £25,000 of the deferred income balance included within creditors falling due within one year. 26

St Cuthbert's Care 14 Provisions for liabilities and charges Analysis of amounts charged through the statement of financial activities Pension provision Al 1 April 2025 Established during the year 46,859 5,487 Utilised during the year 19,6551 At 31 March 2026 42,691 The pension provision relates to the unfunded pensions liabilikn'es for former teachers of two schools formerly managed by the Charity. The provision is updated annually based upon actuarial calculations. The Directors expect all liabilities to be met over the next 6 years. The provision is ants'cipaled to fall due as follows.. 2026 2025 In less than one year 9,600 9,720 Be￿een one and two years 9.888 10,012 Between and five years 20,165 20.418 In more than five years 3038 6.709 42,691 46,859 15 Share capital The company does not have any share capital and is limited by guarantee. Thè members of the company are the Directors and their guarantee is limited lo £1 each. 27

St Cuthbert's Care 16 Reconciliation of net Income to net cash provided by operating activities 2026 2025 Nel Deficit 1136,854} 279,119 177,821 Depreciation on tangible fixed assets Profit on disposal of fixed assets 253,155 {50DI Decrease in deferred income 125,0001 125,0001 Decrease in provisions 14,1681 16,2311 Increase in Stock 113,5661 Ilncreaselldecrease in debtors 132,4931 69,582 Increase in creditors 103.121 118,904 Interest received 185,4721 1107,9271 Net cash provided by operatlng actlvltles 84.687 479.804 17Analysis of net funds 1 April 2025 31 ivlarch 2026 Cash flow Cash al barnk ancs in hand 3,559,449 1483,5281 3,075,921 Net funds 3,559,449 1483.5281 3,075,921 28

St Cuthbert's Care 18 Statement of funds Al 1 April 2025 At 31 March 2026 Incom8 Expenditure Transfers General funds 2,310,502 13,057.321 {13,055,0441 1314,6471 1,998.132 Designated funds Capital a55els fund 5,225,316 374,566 5,599,882 Total unrestricted funds 7,535,818 13,057.321 {13,055,0441 59,919 7.598,014 Restricted funds: Alan Shearer Foundation 593,858 567,309 1706,4401 159.9191 394,808 Total restricted funds 593,858 567,309 1706,4401 159.9191 94,808 Totsl funds 8,129,676 13,624,630 113,614,484) 7,992,822 Al 1 April 2024 At 31 Wlarch 2025 Income Expenditure Transfers General funds 2,004,846 12,782,927 112,470,069} 17,2021 2,310,502 Designated funds Capllal assets fund 5,134,766 90,550 5,225,316 Total unr&striGted funds 7,139,612 12,782,g27 112,470,069) 83,348 7,535,818 RestriGted funds: Alan Shearer Foundation 812,243 493,854 1628,8911 {83,3481 593,858 Total restricted funds 812,243 493,854 1628,8911 183.3481 593,858 Total funds 7,951,855 13,276,781 113,098,960) 8,129,676 Purpose of Funds The Genera1 fund represents the free funds of the Charity which are not designated for particular purposes, The Capital assets fund represents the book value of land, buildings and fixtures in use by the Charity for the provision ot services in furtherance of the Charity's objects. These funds are therefore unavailable for other use. The Charity has one reslricled funcl. The Alan Shearer Foundation which represents IhosÈ funds raised by the Foundation which have not yel been spent on charitable aclivilies. The transfer from the reslricled fund lo the designated capital assets fund during the year represents the Cost of capital assets purchased during the year to support the delivery of services lunded by the restricted fund, 29

St Cuthbert's Care 18 Statement of funds (continued) Analysis of nel assets be￿een funds (current yearl Restricted Deslgnated funds funds General fund8 Total Fund balances al 31 March 2026 are represented by.. Fixed assets 5,599,882 5,S99,882 Current assets 394,808 3,328,673 3,723,481 11,112,850) 11,112,850} {217,6911 1217.6911 Current liabilities Long term liabilities and piovisions Nel assets at 31 March 2026 394,808 5,599,882 1,998,132 7,992,822 Analysis of nel assets between funds (prior yearl Restricted Designated funds funds General funds Total Fund balances at 31 March 2025 are represented by.. Fixed assets 5,225,316 5,225,316 Current assets 593,858 3,567,092 4,160,950 11,009,7311 11,009,731) 1246,8591 {246,8591 Current liabilities Long term liabilities and provisions Nel assets al 31 March 2025 593,858 5,225,316 2.310,502 8.129,676 19 Related party transactions The Charity has a close but arm's length working relationship with the Diocese of Hexham & Newcastle, which is also a charity. During the year the Charity invoiced £64.30412025'. £74,945) to the Diocese of Hexham and Newcastle in respect of shared cost5 associated with the provision of offices tor L)oth parties. As al 31 March 2026 £8,031 {2025'. £11,9981 remained outstanding and is included in debtors. 30