REGISTERED COMPANY NUMBER: 01443289 (England and Wales)

REGISTERED CHARITY NUMBER: 278673

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

BLUEBERRY WELLBEING LTD

(A COMPANY LIMITED BY GUARANTEE)

Page

Reference and Administrative Details

1

Report of the Trustees

2

to

7

Independent Examiner's Report

8

Statement of Financial Activities

9

Balance Sheet

10

to

11

Notes to the Financial Statements

12

to

18

TRUSTEES

Ms E J Boyce

Ms N M Thomas

G A Thomas

COMPANY SECRETARY

Ms N M Thomas

REGISTERED OFFICE

Channel Business Centre

Ingles Manor

Castle Hill Avenue

FOLKESTONE

Kent

CT20 2RD

REGISTERED COMPANY NUMBER

01443289 (England and Wales)

REGISTERED CHARITY NUMBER

278673

INDEPENDENT EXAMINER

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2026. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Principal activities

To promote the positive mental health, wellbeing and development of children and young people through all and any means both preventative and restorative; to include, but not limited to, education, therapy / counselling, physical activity, social skills, linguistic and communication enrichment, emotional support, parental engagement and support.

Public benefit

The Trustees have had due regard for the public benefit guidance published by the Charity Commission.

ACHIEVEMENTS AND PERFORMANCE

Headlines

The charity continues to meet goals on improving children and young people's (CYP) mental health primarily using four goals/strands: the use of the natural environment, support of Deaf CYP, the use of creative arts, and educating and supporting parents to develop strong attachment relationships with their children. While these areas are the main focus strands of the Charity donations our broad objective allow for the flexibility and so we have been able to support Buddy Bags (supporting children in care: LAC) and The Church Street Project (organisation for counselling and art therapy).

Donations have been given to East Kent Equine Therapy and Learning, Spurgeons, Nine Acres, Buddy Bags, Auditory Verbal UK, London Youth Rowing, Church Street Project and Families United.

The Charity remains completely self-funding and no funds or donations have been received from the general public, NGOs or governmental organisations.

Investments have shown a reasonable return providing regular income to the charity. Increased interest rates have provided an opportunity to further invest funds which has been agreed by the board.

Elvington Lane Development land (Area 3) was placed on the open market on 7th May 2024. For a while a sale to a local developer, using housing association funding looked hopeful however this fell through in September 2025 and the land was remarketed early October 2025.

Charity Development

The objects of the charity are: -

"To promote the positive mental health, wellbeing and development of children and young people through all and any means both preventative and restorative; to include, but not limited to, psycho-education, therapy/counselling, physical activity, social skills, linguistic and communication enrichment, emotional support, parental engagement and support."

This was agreed by the Charity Commission on September 11th 2021.

In light of the broad objects the trustees felt that the focus of the charity's current level of donations would be best used through targeting more specific areas thought to be most beneficial in supporting the mental health and wellbeing of children and young people (CYP). However, these goal areas/strands are fluid and can be extended, added to or changed as the trustees see fit. There is also the capacity to support one-off donations so long as the original objects of the charity are met. The current strands are

1. Supporting parents/carers to develop strong attachment relationships with their CYPs.

2. Supporting Deaf CYPs due to high level of mental health issues in this community.

3. Use of the natural environment to support mental health and wellbeing.

4. Creative approaches using art, performing arts etc

Projects have continued to be identified within CICs and Charities which could support these specific goal areas from the Charity's objects. The main focus strands of the charity are being maintained, however there remains a high level of flexibility ensuring that organisations that provide excellent services to support CYPs can receive donations.

Donations

The charity donated £66,800 in total during the financial year 2025-2026. Funds for donation are received quarterly from investments at Barratt and Cooke stockbrokers. Additional monies are sourced from savings accounts. Additionally, a donation of £2,000 was returned from Woven, as the project came to an early conclusion and also the return of charity funds from the eventual closure of a historic savings account with NS&I.

Generally, donations continue to be given to Charities and CICs where monies are ringfenced to focus on specific activities/projects which are always closely aligned with goals from the Charity's objects identified above: these are initially ascertained in discussion with the organisation and clarified through the Blueberry's application form. However, there is also flexibility in donating activities and smaller donations are given to other charities such as Buddy Bags; providing that the work of the charity fits with the overall objects of Blueberry.

Over the financial year 2025/2026 money was donated to East Kent Equine Therapy and Learning, Spurgeons, Nine Acres, AVUK, London Rowing Club and Buddy Bags. Two new organisations were identified as suitable and selected following receipt of the application form. Families United and The Church Street Project applied and were considered appropriate for the Attachment and Creative strands respectively.

East Kent Equine Therapy and Learning CIC

Strand - use of outdoors

The ongoing work being carried out at the stables is equine assisted therapeutic support. The target groups were Y6 transition students who have a diagnosis or show signs of ASD.

Local schools were approached by the project lead and children identified who met the criteria and who educational professionals believed would benefit from this intervention were selected.

Spurgeons

Strand - Attachment

The trustees consider this an ideal charity to receive donations due to their focus on the mental health of children and young people providing counselling, family support workers, parenting courses and two preschool groups. The Charity supports parents to build positive attachments with their children both with online courses and session work with vulnerable families face to face. It is agreed with Spurgeons that money donated would be ringfenced to support disadvantaged families with young children through the family workers team.

Nine Acres project

Strand - Use of the outdoors

Highworth School received a grant to enable two small groups of YPs experiencing high levels of anxiety to have weekly sessions at Nine Acres, a local outdoor resource, that uses the outdoors and nature to facilitate wellbeing and self-awareness leading to the reduction of anxiety and prevention of school refusal. The groups take place throughout the academic year and different groups of YPs are selected each half term. According to need some YPs have their time in group extended.

AVUK

Strand - Development of attachment relationships and supporting Deaf CYP.

This charity supports the development of oral language and communication of very young deaf children through supporting, guiding and educating parents to attune to their deaf child's needs, provide caring, encouraging relationships in linguistically rich, play based environments. Thereby supporting the development of positive attachment relationships between parents and their deaf child through communication and play.

London Youth Rowing

Strand - use of the outdoors

During the course of the year Nicol Thomas had received information about from an organisation 'London Youth Rowing' which provides rowing programmes for disadvantaged YPs to 'improve their physical, social, mental well-being'. This is considered a good fit for the strand of using the outdoors and physical activity to promote mental health and well-being. Nicol Thomas made initial contact and, following completion of the application form, a donation was made which provided indoor and on water rowing courses for groups of disadvantaged CYP and the purchase of two rowing machines to support these courses.

Buddy Bags

Strand - General

Following Emma Boyce's suggestion regarding a new strand to support CYPs in care (LAC) with an initial first step to donate to a charity that provides suitcases for CYPs moving within care or leaving care, given that CYP's vital personal possessions are often mislaid during the move leading to additional distress in, often, highly traumatic circumstances. Though the trustees were unable to find a charity that provided suitcases Buddy Bags were identified as a good fit; providing a backpack for CYP both for personal possessions and additional, age appropriate, practical and comfort giving items.

Church Street Project

Strand - Creative and general (counselling)

This is a small Folkestone project that has been providing counselling and art therapy to local CYPs for many years. Blueberry was approached by a member of their board. Following their application and a meeting funding was donated that will help to enable the charity to continue providing high quality, flexible counselling and art therapy services to local children where the needs of the children are met with a tailored approach. The experienced therapists have developed strong, supportive relationships with local schools for many years which supports the needs driven approach to be used.

Families United Network

Strand - Attachment and general

A charity that provides holiday clubs for families with disabled children and those with additional needs.

Finances and Investment update

Overview

The charity accounts remain healthy. Regular income is provided through investments enabling a significant level of donations to be made.

A contingency fund is maintained in current and savings accounts for charity running costs, unexpected costs that may occur through the process of obtaining planning permission and the subsequent sale of the Area 3 but also with a view to funding larger projects in the future once the land is sold! Charity costs are minimal; primarily due to having no employees.

All relevant information has been supplied to McCabe Ford Williams to enable them to undertake an Independent Examination of the Charity's 2025/2026 accounts. When complete this will be provided to the Trustees electronically ready for the AGM.

Investments and bank accounts

The Barratt and Cooke portfolio end of year valuations showed a decent result with funds remaining close to the initial investment at £1,894,332. This is in addition to the £65,000 drawn annually for the charity to cover costs and donations.

Bank accounts

The Lloyds Current Account (The Treasurers Account) remains well resourced for the Charity's outgoings, including donations.

The 32 Notice account needs to be maintained with adequate funds to pay the promotor for surveys carried out during the Planning Permission Application process once the Elvington Lane development is sold or a second remarketing fails. Once the sale of Elvington Lane development site, Area 3, has been successfully completed the Lloyds 32-day Notice Account will be closed and the funds reinvested or used for grant making.

It was resolved by all trustees that £120,000 from the Instant Access Account will be invested with Cambridge and Counties Bank in a one year fixed interest savings account. However some funds would remain in this account should any legal or other unexpected issues arise due to the ongoing process of selling the development land. This account is in the process of being opened.

Monies from the historic NS&I account were unexpectedly returned to the Treasurers Account on 28th August and the account has been closed.

Planning Permission and sale of Area 3; Elvington

Background

Historically this Charity was set up in 1979 to provide an Outward Bound Centre for disadvantaged children. Land and the officer's mess (part of the Hawkinge Airfield) was purchased to provide this facility. The Centre ran successfully for a few years however financially it became untenable. The Charity Commission agreed that Hawkinge Activity and Adventure Centre (HAAC; as the charity was known historically) would become a dispensing charity. The village of Hawkinge was being developed at that stage so with planning permission for housing the land could provide valuable funds for the Charity. The land was divided into 3 tranches and Area 1 and 2 were sold. All debts were repaid and, following the sale of Area 2, the charity was left with a significant boost to funds which were invested to provide a regular income to dispense grants to support the mental health and wellbeing of children and young people.

Planning Permission

The Charity land at Elvington Road, Hawkinge (Area 3) comprises 12.9 Acres. Part of the land is to be donated to The Hawkinge Battle of Britain Museum (KBOBM), as part of the Grant of Planning Permission agreement with Folkestone and Hythe Planning Council, for expansion (2.69 Acres). Part of the land has a covenant which restricts its usage to social and recreational purposes. This area will provide outdoor recreational space (2.2 Acres) and an overflow carpark for the KBOBM (1.2 Acres). The development land extends to 8 Acres and has Planning Permission for 110 houses.

Promotion agreement with Dean Lewis Estates

Blueberry Wellbeing Ltd (HAAC) has an ongoing promotion agreement with Dean Lewis Estates (The Promotor) to obtain Satisfactory Planning Permission for Area 3 which was signed on 18th March 2018. Once planning permission was obtained the land is be sold to provide further grant making funds for the charity. The process for obtaining planning permission was commenced around January 2021; nearly 3 years after the promotion agreement was signed. The application was submitted 23/12/21. The delay meant the Lapse Date and Extended Lapse Date passed. The Lapse of the Promotion Agreement meant that the charity could have ended its relationship with the Promotor (Dean Lewis Estates) and the Land Agent (Hobbs Parker), however it was decided that the sale of the land and the possible ongoing need to maintain the planning permission on Area 3 would be facilitated through continuing to use the agents who had been involved for 7 years. Hence a second 'Deed of Variation' was agreed with Dean Lewis Estates and signed on 28th March 2024.

The second Deed of Variation expressly states that should a should a sale not be completed by 5th February 2028 'The Promotion Agreement' with Dean Lewis Estates will lapse.

The second 'Deed of Variation' also lays out a highly streamlined 'Sales and Marketing Process' which the Trustees negotiated to prevent prospective purchasers reneging on their initial commitments which could be detrimental for the charity. The Deed was negotiated with the advice from the charity's solicitors: Tees Law.

The Promotor is contracted through the Promotion Agreement to maintain planning permission until February 2028. The current 3 year permission ends in February 2027.

Update on marketing and sale of Area 3, Elvington Lane, Hawkinge.

A prospective purchaser was chosen and negotiations were completed on agreeing the 'Heads of Terms' for the sale in September 2025. In light of the trustees previous experiences selling development land they have been stringent in their requirements of the buyer; setting strict time lines for completion, simultaneous exchange and completion for the total amount offered with no staggered payments, the purchaser to buy the whole piece of land, no negotiation on the original offer price, and a legal undertaking to pay the charity's legal and Charity Commission S119 valuation report costs should they fail to complete within the time frame, fail to pay the full asking price or withdraw from the sale for any other reason. All legal negotiations have been undertaken with advice from the Charity's solicitors; Tees Law.

Both the Solicitors and agent have been instructed to provide all updates as the sale proceeds. The completion date was to be on or before 11th July 2025. The purchaser requested extra time to complete the sale which was only agreed to the exceptional level of the offer which would have exponentially increased the work the charity could have carried out. However the purchaser then reneged on the original offer and it was agreed that this was unacceptable to the trustees. Before the board's decision was conveyed to the purchaser they then pulled out of the sale. This resulted in them having to pay the charity's legal costs. It was agreed that the Board's pre-emptive legal actions were successful in preventing loss of funds to unreliable purchasers and have met with the trustee's fiduciary duties.

The land was immediately remarketed in October 2025 without much success to date. In part this is due to recent global and national circumstances.

The sales negotiations have continued to be difficult, stressful and very time consuming to enable the best outcome for Blueberry Wellbeing Ltd to continue to support, and to hugely increase, the work being carried out to achieve positive mental health outcomes for children and young people.

Board of Trustees

Board Composition

Currently the board continues to be well balanced with skilled practitioners experienced in mental health, Deafness, psychotherapy, education, accounting, finances, commercial real estate, organisational structure, communication, HR, business and charity governance. A trustee offered their resignation but was persuaded to continue and was voted back onto the board at the AGM. The makeup of the board will be revisited in the next financial year to ensure its skill set meets any new challenges and to ensure required trustee turnover.

Administration

Policies for Financial Controls, Safeguarding, Investments, Conflict of Interest, Financial Reserves and Expenses have been updated.

Identification for each of the charity Trustees with GOV.UK One has been completed. The ID numbers for each board member have been provided to the secretary.

Consideration of best timings of board meetings

Despite best efforts from previous discussions the realistic timing of the AGM to enable time for the end of year accounts to be compiled and delivered to McCabe Ford Williams and then to be produced ready for the AGM seems to be August. The EGM will then take place in December. This will enable grant funds to be reported effectively at two points during the course of the financial year and final grants for the final 3 months of the year to be decided ready for the end of the financial year of the year.

Concluding remarks

The year has been highly successful for the charity in supporting the promotion of positive mental health in children and young people through a variety of goal areas, provided by the chosen organisations, believed by the trustees to offer the best opportunity for successful outcomes.

The charity remains well funded and will continue to seek out charities and organisations that further enhance and develop the objectives of Blueberry Wellbeing Ltd.

FINANCIAL REVIEW

Investment policy and objectives

Following research of investment options in order to produce an income for the charity, investments have been made through a nationally recognised reputable company established in 1880 and registered with the FSA and The London Stock Exchange. Income from these investments will enhance the scope of donations to be made as a dispensing charity as approved by the Charity Commission.

As at the year end, listed fixed investments held by the charity were valued at £1,837,057 and current asset investments at £57,275 .

Reserves policy

The charity had total reserves of £6,747,155 (2025 - £6,677,633), of which £4,274,889 (2025 - £4,274,889) relates to the property revaluation fund which is not distributable until realised. There are no restricted or designated reserves held by the charity.

Members' liability

The Members of the company guarantee to contribute an amount not exceeding £1 to the assets of the company in the event of winding up.

FUTURE PLANS

Strategic Development

The Charity will continue to focus on specific targeted areas which are considered to be most beneficial for the promotion of well-being and the amelioration of mental health issues for children and YP;

- Supporting the Mental Health and Wellbeing of Deaf CHYPs

- Attachment work with families of young children

- Using the natural environment as a tool to improve Children and young people's mental health

- Creative approaches using art, performing arts etc

Increased funds from land sale

The trustees have had previous experience with selling the Charity Land on two occasions. Neither time proved to be straightforward or rapid! Alongside guidance from the Charity's solicitors the trustees negotiated new terms in the second 'Deed of Variation' (28/03/2024) that should make this sale process less likely to be complex or delayed, however it is not possible to plan for every eventuality and until the sale is completed with new funds safely transferred into the Charity's bank account the trustees remain constrained in their expectations of an uncomplicated, speedy outcome.

However plans for the future, once the sale has completed, will be made around investments, contingency funds, yearly budgets for grant making, additional areas of focus, possible larger projects, accounting changes, size and skill set of the board, organisational structure.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

Approved by order of the board of trustees on 1 August 2026 and signed on its behalf by:

Ms N M Thomas - Trustee

Independent examiner's report to the trustees of Blueberry Wellbeing Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jonathan Fullarton BSc (Hons) FCA

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

7 August 2026

2026

2025

Unrestricted

Total

funds

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Investment income

3

50,260

63,880

EXPENDITURE ON

Raising funds

4

660

645

Charitable activities

5

Promotion of wellbeing

74,842

93,157

Total

75,502

93,802

Net gains/(losses) on investments

94,764

(142,433

)

NET INCOME/(EXPENDITURE)

69,522

(172,355

)

RECONCILIATION OF FUNDS

Total funds brought forward

6,677,633

6,849,988

TOTAL FUNDS CARRIED FORWARD

6,747,155

6,677,633

2026

2025

Unrestricted

Total

funds

funds

Notes

£

£

FIXED ASSETS

Tangible assets

10

335

267

Investments

Investments

11

1,837,057

1,775,920

Investment property

12

4,500,000

4,500,000

6,337,392

6,276,187

CURRENT ASSETS

Debtors

13

787

163

Investments

14

57,275

44,987

Cash at bank

353,810

358,256

411,872

403,406

CREDITORS

Amounts falling due within one year

15

(2,109

)

(1,960

)

NET CURRENT ASSETS

409,763

401,446

TOTAL ASSETS LESS CURRENT LIABILITIES

6,747,155

6,677,633

NET ASSETS

6,747,155

6,677,633

FUNDS

16

Unrestricted funds

6,747,155

6,677,633

TOTAL FUNDS

6,747,155

6,677,633

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 1 August 2026 and were signed on its behalf by:

G A Thomas - Trustee

1.	STATUTORY INFORMATION

Blueberry Wellbeing Ltd is a charitable company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Reference and Administrative Details page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

The financial statements are presented in sterling which is the functional currency and is rounded to the nearest £1.

The financial statements have been prepared on a going concern basis and there are no material uncertainties that cast significant doubt on the Charity's ability to continue as a going concern.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attached are fulfilled. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as "Net gains / (losses) on investments" in the Statement of Financial Activities.

3.	INVESTMENT INCOME

2026

2025

£

£

Dividends receivable

45,333

49,701

Deposit account interest

4,927

14,179

50,260

63,880

4.	RAISING FUNDS

Investment management costs

2026

2025

£

£

Investment management fees

660

645

5.	CHARITABLE ACTIVITIES COSTS

Grant

Direct

funding of

Support

Costs

activities

costs

Totals

£

£

£

£

Promotion of wellbeing

8,337

64,800

1,705

74,842

6.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2026

2025

£

£

Depreciation - owned assets

142

181

Independent examination

1,490

1,450

7.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2026 nor for the year ended 31 March 2025.

8.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2026

2025

Trustees

3

3

9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

funds

£

INCOME AND ENDOWMENTS FROM

Investment income

63,880

EXPENDITURE ON

Raising funds

645

Charitable activities

Promotion of wellbeing

93,157

Total

93,802

Net gains/(losses) on investments

(142,433

)

NET INCOME/(EXPENDITURE)

(172,355

)

RECONCILIATION OF FUNDS

Total funds brought forward

6,849,988

TOTAL FUNDS CARRIED FORWARD

6,677,633

10.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2025

2,111

Additions

210

At 31 March 2026

2,321

DEPRECIATION

At 1 April 2025

1,844

Charge for year

142

At 31 March 2026

1,986

NET BOOK VALUE

At 31 March 2026

335

At 31 March 2025

267

11.	FIXED ASSET INVESTMENTS

Listed

investments

£

MARKET VALUE

At 1 April 2025

1,775,920

Additions

454,398

Disposals

(503,388

)

Revaluations

110,127

At 31 March 2026

1,837,057

NET BOOK VALUE

At 31 March 2026

1,837,057

At 31 March 2025

1,775,920

There were no investment assets outside the UK.

12.	INVESTMENT PROPERTY

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

4,500,000

NET BOOK VALUE

At 31 March 2026

4,500,000

At 31 March 2025

4,500,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2010

401,230

Valuation in 2024

3,873,659

Cost

225,111

4,500,000

If freehold investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

225,111

225,111

Freehold investment property was valued on an open market value basis on 31 March 2026 by the trustees .

This is the guide price that the land has been marketed for sale at.

13.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

787

163

14.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Investment stockbroker account

57,275

44,987

15.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other creditors

2,109

1,960

16.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.25

in funds

31.3.26

£

£

£

Unrestricted funds

General fund

2,402,744

69,522

2,472,266

Property revaluation fund

4,274,889

-

4,274,889

6,677,633

69,522

6,747,155

TOTAL FUNDS

6,677,633

69,522

6,747,155

Net movement in funds, included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

£

£

£

Unrestricted funds

General fund

50,260

(75,502

)

94,764

69,522

TOTAL FUNDS

50,260

(75,502

)

94,764

69,522

Comparatives for movement in funds

Net

movement

At

At 1.4.24

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

2,575,099

(172,355

)

2,402,744

Property revaluation fund

4,274,889

-

4,274,889

6,849,988

(172,355

)

6,677,633

TOTAL FUNDS

6,849,988

(172,355

)

6,677,633

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

£

£

£

Unrestricted funds

General fund

63,880

(93,802

)

(142,433

)

(172,355

)

TOTAL FUNDS

63,880

(93,802

)

(142,433

)

(172,355

)

The Property revaluation fund relates to the unrealised gain on the revaluation of the investment land held by the charity. Once the land is sold, the gain is realised, and the proportion of the uplift is transferred to the General fund.

17.	RELATED PARTY DISCLOSURES

During the year £1,095 (2025 - £1,215) was payable to N M Thomas, a trustee, in relation to services provided to the charity.