THE WfN AND KEN LO MEMORIAL FOUNDATION
(Reglstered Charity No. 1000897)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

THE WYN AND KEN LO MEMORIAL FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
CONTENTS
Page
TNstees' Annual Report
Independenl Examiner's Report
St8temÈnt of Financial Activities
Balance Sheet
Notes to the Financial Statements
9-15

Page 1
THE WYN AND KEN LO MEMORIAL FOUNDATION
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees of the Wyn and Ken Lo Memorial Foundation 1.the trust. or °Ihe charity.) submit their report
and the independently examined financial statements for the twsl for the year ended 31 December 2023.
These have been prepared in accordance with the accounting policies set out on pages 9 to 15 and
comply with the chartty's trust deed and applicable law.
The financial statements comply with the Charities Act 2011 and where relevant, the Charilies Act 2022,
the Foundation's trust deed dated 26 October 1990 and Accounting and Reporting by Charilies-.
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reportlng Slandard applicable In the UK and Republic of Ireland - SORP (FRS).
REFERENCE AND ADMINISTRATIVE DETAILS
The Wyn and Ken Lo Memorial Foundation, registered charity number 1000897, is based and
administered in the United Kingdom. The registere(l address is 4 Courthope Road, Wimbledon,
London, SW19 7RD.
The names of the trustees who served throughoul the year and continue to serve at the date of this
report's approval are..
Robert Anthony Lo ISettlor} (deceased 27 February 2024)
Ann Mary Rodrigues
Bernard Norman Lo
Francis Richard Lo
Accountants..
Rawlinson & Hunter LLP
Eighth Floor. 6 New Street Square. New Feller Lane, London, EC4A 3AQ
Investment Managers:
Veritas Asset Management (UK) Limited
go Long Acre. London, WC2E 9RA
Ruffer LLP
80 Victoria Street, London. SW1E 5JL
Bankars:
HSBC Bank plc
5 Wimbledon Hill Road, Wimbledon, London, SW19 7NF
Sollcltors..
Withers LLP
16 old Bailey, London, EC4M 7EG
Indep•ndènt Examiner:
Christopher Hawley FCA
Eighth Floor, 6 New st￿et Square. New Fetter Lane. London EC4A 3AQ

Page 2
THE WYN AND KEN LO MEMORIAL FOUNDATION
TRUSTEES. ANNUAL REPORT {¢ontinuedl
FOR THE YEAR ENDED 31 DECEMBER 2023
STRUCTURE. GOVERNANCE AND MANAGEMENT
The Wyn and Ken Lo Memorial Foundation was established by a Deed dated 26 October 1990 and
is an unincorporated charitable trust bound by the proper law of EnglarKI and Wales. The settlor
was Robert Anthony Lo.
The entire resources of the charity have been unreslrlcted throughout the year and the trustees
have complete discretion for their use.
The trustees usually consKler new donations at the trustees, meetings.
The truslees. investment powers are unrestricted.
The trustees have the power lo appy)int new or addition81 trustees provided that the tot81 number
does nol exceed fourteen.
Trustees, responslbilities statement
The trustees are responsible for preparing the Trustees, Annual Report and the financial
81alements in accordance wilh applicable law and United Kingdom Accounting Standards (United
Kingdom Generally A¢¢epled Accounting and Practi￿).
The law 8ppli¢able to charities in England and Wales requires the trustees to prepare financlal
slalemenls for each financial year which give a true and fair view of the state of the 8ffairs of the
charlly and of the incoming resource5 and application of resources of the charity for that perlod.
In preparing thos8 financial statements, th8 trustees are required to:
select suitable accounting poI￿leS and apply them consist8ntly-
observe the methods and principles in the Charities SORP 2019 IFRS 102)-
make judgements and estimates thal are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any materlal
departures disclosed and explained in the financial statements.
prepare the financial statements on a going concern basis unless it is inappropriate to
presume th8t the charity will Continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any lime the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 2011 and where applicable, the Chartties Act
2022, the Charity (Accounts and Reports) Regulations 2008 and the trust deed. They are also
responsible for safeguarding the assets of the charity and hen￿ for taking reasonable sleps for
the prevention and detection of fraud and other irregularities.
Indu¢lion and training
Training of the trustees is adopted on an informal basis. All trustees are kept informed at meetings
of their duties and obligations under the law in addition to their proper conduct.
Pay poll¢y for s•nlor staff
The trustees comprise the key management personnel of the ¢harfty who are in charge of directing
and conlrolling, running and operating the charity on a day to day basls.
All trustees give their lime freely and no trustee received remuneration in the year. Details of
Iruslees, expenses and related party transactions are disclosed in the notes lo the financial
statements. There are no staff other than the trustees.

P8ge 3
THE VVYN AND KEN LO MEMORIAL FOUNDATION
TRUSTEES, ANNUAL REPORT Icontlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)
Risk management and governancg
A risk assessment has been undertaken which comprises ot.
an annual review of the risks the charity may f8ce',
the eslablishmenl of systems and procedure5 to mitigate those risks., and
the implementation of procedures designed lo minimise any potenlial impact on the chartty
should those risks materialise.
This continuing process will identify risk areas to which the charlty is vulnerable and highlight any
necessary safeguards that will need lo be put in place. No major rlsks were identrfied at Ihe date of
Ihese accounts.
The trustees have signed fil and proper deGlarations in line wilh HMRC guidance.
In addition, the trustees have laken due consideration of Good Govemance
A Code for the
Voluntary and Community Sector, ensuring that the seven main principles of the Code are
adhered to. These are-
Ooanisational purpose-
Leadership;
Integrity-
Decision-making, risk and control.,
Board effectiveness.,
Equality. diversity and inolusion- and
Openne55 and accessibility.
The trustees recognise thal good govemance plays an essential part in securing Ihe future of the
charity and confirm that the sald prfnciples of th8 Code are followed by them in leading. directing
and managing the charty.
Internal Controls
The trustees have overall responsibility for ensuring thal the charity has appropriate systems of
inlemal controls. They are also responsible for keeping proper accourrting records which disclose
wilh reasonable accuracy at any time the financial position of the charity and enable them lo
ensure that the financial statements follow best practice. They are also responsible for the charity
safeguarding its assets and hence for taking reasonable sleps for the prevention and detection of
fraud and olher i￿egUlar1ties.
The system of intemal controls is designed to provide reasonable, but not absolthe. assurance
against material misstatement or los$.
The objects of the charity are to apply capital and income for Such charitable pury)ose5, charitable
institutions or charitable foundations, in such countries and in such manner as the trustees in their
absolute discretion think fit. The Irustees usually consid9r new donations annually or more
frequently if the need arises.

Page 4
THE WYN AND KEN LO MEMORIAL FOUNDATION
TRUSTEES. ANNUAL REPORT {¢ontlnued)
FOR THE YEAR ENDED 31 DECEMBER 2023
GRANT MAKING POLICY AND OBJECTIVES
In general, the truslees are more inclined lo provide benefit to charities which provide a broadly
humanltarian, practical purpose. Furthermore, the trustees have adopted a practice lo make
donations to some charities on a regular monthly or annual basis. However, new appeals are also
reviewed and donations allocated a￿ordinglY.
Postal appeals are sent to the principal add￿$$ and considered by the trust8es periodically.
Statomfrnt of Publi¢ Beneflt
Trustees are aware of the Charity Commission guidan¢e on Public Benefrt and confirm that they
have complied with the duty in SeclK)n 4 of the Charities Act 2011 to have due regard to it.
They consider the information which follow$ in this annual report, about the trust's aims, activities
and achievements in the areas of interest that the trusl supports demonstrates the benefrts to ils
beneficiaries. and Ihrough them lo Ihe public, that arise from those activitl8S.
Fundraising
The trustees have referred to the Charits'es (Protection and Social Investment) Act 2016 {"the Acl'l
and the Guidan￿ on Charities and Fundraising issued by the Charity Commission ('CC20'). They
confim) that the Act and CC20 have no impact on the charity as il does not engage in any public
fvndraising activities.
ACHIEVEMENT AND PERFORMANCE
Charitable Activitigs
Charitable activities included dir8Ct charitable expenditure for 2023 which totalled £195,10812022 -
£285,177) with the number of charitable causes benefrting from such donations being 20 (2022
201.
During the year the charity met its objects by awarding grants. Listed below are some of the major
organisations to benefit from support..
Leonard Cheshire
providing support to people with disabilities to live, leam and work as
independently as they choose whatever their ability-
Roald Dahl Marrfelous Children's Charity - providing specialist nurses and support for seriously
ill children living with complex, lifelong condrtions.
Amos Trust - current projects f￿u$ on promoting the lights of street children, crealing a just
peace for Palestine and building sustainable rural comrnunities in Nicaragua.
Evergreen Afrlca - prevention or relief of povety in sub-saharan Africa by providing or assisting in
the provision of education, training, healthcare projects and all the necessary supwtt designed to
enable individuals to generate a sustainable income and be Se￿-suffICien1.
Hope for Justlce - fighting human trafficking and helping victims and survivors of modem slavery
amund the world.
A full list of the gr8nls made during the year ended 31 December 2023 is shown in Note 3 on page
12.

Page 5
THE WYN AND KEN LO MEMORIAL FOUNDATION
TRUSTEES. ANNUAL REPORT Icontlnuedl
FOR THE YEAR ENDED 31 DECEMBER 2023
FINANCIAL REVIEW
Investmont Managoment
Under Ihe tsms of the trust deed dated 26 October 1990 together with all other statutory powers
enabling them, the trustees may invest monies in any stocks. shares. funds, securities. bonds or
other investment or propety of whatever nature in any part of the world as they see fit.
The assets of the charity consist principally of investments and cash and these are ¢ollectively
recorded on Ihe Balance Sheet and supporting notes at their market value on that dat8. Any
increase or decrease over cost on the restatemenl of these values is recorded in the Slalement of
Fin8nci81 Acllvities.
During the year. Veritas Asset Management {UKI Limited and Ruffer LLP acted on behalf of the
trustees to manage the investment portfolio and to provide safe custody of the securities. The
trustees, investment approach is for a balanced return within the context of a moderale level
attitude lo risk.
The trustees are satisfied wilh the composition of Ihe Gurrent portfolio and that it will enable the
Charity to meet its ongoing objectlves.
Income and Expenses
IncomiNJ resources for Ihe year lolalled £41,193 {2022 £40.223). Ordinarity, the charity's
resources are entirely generated from Ihe trust's investment portfolio.
Investment income for the year was £41,193 (note 1) reflecting a 2.41 ty10 increase over investrnent
income arising the year to 31 December 2022 (£40.2231.
Investment management costs of £49.936 were incurred this year {2022 - £50,010).
The trustees, policy is to allocate any professional charges and administration costs incurred by the
charity solely lo the income fund.
Reserves pollcy
The trustees have for many ye8rs adopted a fijll income distribution policy. There are no further
commitments other than those already provided for in the financial statements at the year end for
which reserve8 need to be made available.
Total unrestricted funds al 31 December 2023 were £3,913,624 (2022 - £3,972,867).
PLANS FOR FUTURE PERIODS
The tnjstees are satisfied with the current grant maklng objectives and aim to conlinue to operate
this policy going fON￿r￿.
Approved by the trustees and slgn8d on
thelr behalf by:
28110124
Trusl8e
Date

Page 6
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
THE WYN AND KEN LO MEMORIAL FOUNDATION
I report lo Ihe ¢harity Irustees on my examination of the accounts of the Wyn and Ken Lo Memorial
Foundation forthe year ended 31 Decernber 2023 which are set out on pages 7 to 15.
Rosponsibilltles and basls of rftport
As the charity's trustees you are responsible for the preparation of the accounts in accordance wth the
requirements of Ihe Charities Act 2011 {'the Act,).
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act
and in carrying out my examination I have followed all the appllcable Directions given by the Chartty
Commission under $eGtion 145{5){b) of the Acl.
Independent examiner's statement
I have completed my ex8mination. I confirm that no m8terfal matters have come to my attention in
connection with the examination giving me cause to believe that in any rnaterial respect:
accounting records were not kept in respect of the charity as ￿qUired by section 130 of the Act- or
the accounls do not accord wtth those records. or
the accounts do not comply with the applicable requirements ¢onceming the form and content of
accounts set out in the Charities (Accounts and Reports) Regulalions 2008 other than any
requirement that the accounts give a 'true and fair view, which is nol a matter considered as part of
an independenl examinallon.
I have no concerns and have come across no other matters in connection with the examination to which
attention sho
be drawn in this report in order to enable a proper underslanding of the accounts to be
re8ched
hristopher Hawley FCA
Chartered Accountant and Independent Examiner
Eighth Floor
6 New Street Square
New Fetter Lane
London
EC4A 3AQ

Page 7
THE WYN AND KEN LO MEMORIAL FOUNDATION
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted Funds
Income
Capital
Fund
Fund
Total Funds
Page
2023
2022
Incom• from:
Investments (note 2)
41.193
41,193
40,223
Total income
41.193
41,193
40,223
Expenditure on:
Charitable activities (note 3>
Raising funds (note 4)
13
13
202,916
46,936
202.916
46.936
292,274
50,010
Total expondilure
249,852
249,852
342,284
Total gainslllosses) on Investments
(note 5)
13
136.272
136,272
{230,508)
Nol lexpenditurellincome
(208,659}
136,272
{72,387) (532,569)
Transfers between funds
208,659
{208,659)
GainsllLosses) on foreign currency
13,144
13.144
15.062}
Net movements In funds
159,2431
159,2431 1537,631 }
Rèconclllatlon of funds:
Total funds brought foThRrd at 1 January 2023
3.972.867
3,972,867
4,510.498
Total fjJnds carried foN4ard at 31 December 2023
£ 3,913.624 £ 3,913,624 £ 3.972,867
There are no recognised gains or tosses Other than those included in the statement of financial activitles.
All incoming resources 8nd resources expended derive from continuing activities.
The notes on pages 9 10 15 fomi part of these financial slalemenls

Page 8
THE WYN AND KEN LO MEMORIAL FOUNDATION
BALANCE SHEET
AT 31 DECEMBER 2023
2023
2022
Pag•
Fixed a55ets:
Investments (note 5}
13
3,947,849
3.964,761
Current assèts:
Cash at bank
46,070
124,457
46.070
124,457
Liabilitios
Creditors.. amounts falling due within
one year (note 6)
14
(62,819)
{63.924)
{62.819)
{63,924)
Net currenl assets
(16,749)
60,533
Total assets less current liabSlltles
3,931,100
4.025.294
Credltors: amounts fallSng due after more
than one year (note 7)
14
117,476}
{52,427)
Total net assets
£ 3,913,624
£ 3,972,867
The funds of the charity:
Unrestricted capital fund
Unrestricted inwme Fund
£ 3,913,624
£ 3,972,867
Total charity funds
£ 3,913,624
£ 3,972,867
Approved by the trustees and signed on
thelr behalf by:
28110124
Dale
Trustee
The notes on pages 9 10 15 fom part of these financial statements

Page 9
THE WYN AND KEN LO MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
AccouKfiNG POLICIES
Basls of Preparallon of Flnancial Statements
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities= Statement of Recommended Praclice appllcable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) I"Charilies SORP FRS 102.), the Financial Reporting Standard applicable in the Unite
Kingdom and Republic of Ireland IFRS 102}. the Charities Acl 2011 and where relevant, the
Charities Act 2022 and UK Generally Accepted Accountlng Practice.
The charty constitutes 8 publi¢ benefit entity as defined by Charities SORP FRS 102.
The trustees have app]￿ed the provisions in FRS102 published 5 October 2019 and a¢wrdin9ty
has not included a cash flow stat8ment on this basis.
The significant accounting policies applied in the preparation of these financial statements are sel
out below. These policres have been consistently applied lo all years presented unless othe￿1$e
stated.
In applying the financial reporting framework, the Trustees are reqUI￿d to make a number of
subjective judgements, for example in respect of significant accounting estimates. Estimates and
judgements are continually evaluated and are based on historical experien￿ and other factors.
including expectations of future events that are believed lo be reasonable under the
circumstances. The nature of the eslimalion rneans the actual outcomes could drffer from ihose
estimates. The Trustees confimi thal they have made no significant estimates and judgements
affecting these financial stalements.
Investments
Quoted investments are included at closing mid-market value at the Balance Sheet date. Realised
gains and losses on investments are recognised on disposal on investments and any gain or loss
on revaluation is taken to the Slalement of Finanaal Activities (SOFAI. The detemiination of any
g8ins and losses is ¢alculaled by reference to the value of such assets at the beginning of the
accounting period.
Cash held for investmerrt is included within the Fixed Assets Investments in accordance with the
8pplicable statement of Recommended Pra¢lw.
Resources Expended
All expenditure is included on an accruals basis and is recognised when there is a legal or
onstruGtive obligation commÈtting the Irustees to the expenditure.
Charitable activities comprise grants, donation5 and support costs (including govemance costs)
made during the period and are expended through the SOFA when the offer is conveyed to the
recipient.
Governarice costs relating to the general running of the charrty, as opposed to the management
functions inherent in generating funds.

Pag8 10
THE WYN AND KEN LO MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES (continued)
Incoming Resources
Investmenl in¢ome is derived from dividend and interest receivable from investments and is
accounled for in the period in which the charfiy is entitled to receipt. Interest from deposit accounts
are included as and when received only. All incoming resources are Sncluded in the SOFA when
the charty is entitled to the income and the amount Can be quantified with reasonable accuraw.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are recognised at transaction value and subsequently
measured at their settlement value.
Status of funds
The entire resources of the charity are unrestricted and the trustees have complete discretion for
their use in pursuance of its objectives.
Foreign currency
Assets and liabilities denominaled in foreign currencies are translated at the rate of exchange
ruling at the Balance Sheet date. Transactions denominated in foreign csjrrencies are converted at
the rate of exchange ruling 8t the date of the transaction. All translation differences are taken lo the
Statement of Financial Activtlies as they arise.
Taxatlon
The charity is not subject to any taxes on its charitable activities. Irrecoverable VAT is charged
against the category of resources expended for which it was incurred.
Dobtors and CTedltors receivable I payable wlthln one year
Deblors and creditors with no slated interest rate and ￿Ceivable or payable within one year are
recorded at Iransaction pri￿. Any losses arising from impaimienl are recognised as expenditure.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposit$ held on call with banks, other short-tem
highly liquid investments with origin81 maturities of Ihree monlhs or less and bank overdrafts. Bank
overdrafts, when applicable. are within borrowing in current liabilities.
Provisions
Provisions are recognised when the charity has an obligation at the Balance Sheet dale as a result
of a past event, it is probable that an oufflow of 8conomic benefits will be required in settlement
and the amount can be reliably estimated.

Page11
THE VVYN AND KEN LO MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POUCIES (continued)
Going Concern
The trustees have assessed whether the use of the going concem assumption is appropriate in
preparing these Flnancial Statements. The trustees have made this a88es$ment in resped of the
period to 31 December 2023.
The financial statements have been prepared on a going concem basis as the Trustees believe
that no materi81 uncertainties exist. The current uncertainty in the global economy, including Cost
inflating f8¢tors, have increased financial pressure on charities. The Trustees have considered, the
level of funds held, the expected level and security of income and the committed expenditure for
twelve months from the date of signing of these financial slatewents. The Trustees are satisfied the
forecast income and reserves are sufficient lo cover all of the budgeted expenditure to be able to
continue as 8 going concem. The Trustees therefore consider the adopts'on of the going concern
basis in preparing these financial statements continues to be appropriate.
Judgements and key sources of estimatlon uncertalnty
In preparing these financial stalements, the trustees have to make judgements on how to apply the
charity's accounting policies and make estimates about the futu￿. The critical judgement that has
been maée at arriving al the amounts recognised in the financial statements and the key a￿8 of
estimation uncertainty that has a significant risk of causing a material adjustment lo the carrying
value of assels and liabilities in the next financial year is discussed below..
Liabilities falling due after more than 1 year
il The trustees have assumed an appllcable dlscounl rale (interest rate) of 3¥. per annum at 31
December 2023 to discount the future cash flows relating to grants payable to the present
value. A higher discount rale would result in a lower discounted liability value being presented
as a liabiltty- A lower discount rate would result in a higher discounted liability value being
presented as a Irability in these financial statemenls,. and
ii) have eslimated the grant payment dates based on their expectation of when the recipient will
all on the cash. A longer period would result in a higher discount and a lower liability value
being presenled as a liability in these financial statements. A shorter period would result in a
lower discount and a higher liability value being presented as a liability in these financial
Statements.
Page
2023
2022
INCOME FROM INVESTMENTS
Income from quoted investments
35,665
39.011
Bank deposit interest
5,528
1,212
Total Income from Investments
£ 41,193
£ 40.223

Page 12
THE WYN AND KEN LO MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Page
2023
2022
EXPENDITURE ON CHARITABLE ACTIVITIES
Grants Awarded:
Leonard Cheshire
Roald Dahl Marvelous Children's Charity
AMOS Trust
Evergreen Africa
Hope for Justice
Measham Foundation
Unicef
Off the Fence
Carers Worldwide
1001 Fontains
Solar Aid
Re-Engage
Hope Community Villa
CFAB
H8bitsl for Humanity
Refugee Education
ACAA
Christian Aid
Freedom from torture
North London Hospice
NACOA
Village Water
MAP
Sight88vers
Book Trust
National Youth Orchestra
Papyws
Plan Intemational
Refugee Action
LEPRA
Orbis
Street Child
Shelter Box
Stoke Mandeville
Finance expenditure arising on discount of long-term grant
commf(ments
135,000
10,000
7.000
6.060
6.000
4.000
3,500
3,500
2,000
2.000
2,000
2.000
2,000
2,000
2.000
1.000
1,000
1,000
1,000
1,000
115,000
5,000
2,000
5.000
1,000
500
36,000
36,000
18.000
18,000
10.000
10,000
10,000
5,000
5,000
3,000
2,500
2.500
1.000
1,000
1.048
11,3231
Total grants awarded (carried forward)
£ 195.108
£ 285,177

Page 13
THE WYN AND KEN LO MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Pag•
2023
2022
EXPENDITURE ON CHARITABLE ACTIVITIES (continued)
Total grant5 awardod (brought forward)
195.108
285,177
Support costs
Accountancy and administration fees
Independent examination fees
Bank Charges
6,540
1.200
68
5,700
1,200
197
Totsl support ¢osts
7,808
7,097
Total charitable activities
£ 202,916
£ 292,274
EXPENDITURE ON RAISING FUNDS
Investment management fees
46,936
50,010
Total expenditure on raising funds
£ 46,936
£ 50,010
INVESTMENTS AND CASH UNDER MANAGEMENT
Quoted investrnent5 Wrthin the United Kingdom
Quoted investments outside the United Kingdom
871.989
2,879,112
911,014
2,921,849
3,751,101
3.832,863
Cash held as part of the investment porttolios
196,748
131,898
£ 3,947,849 £ 3,964,761
Analysls of movement of Investments
Net realised investment g8inllloss}
Nel unrealised investment g8inl(loss)
20.760
115.512
{91.9601
1138.548>
Net gainllloss) on inv85tmenls
£ 136,272 £ (230.508)
Market value at 1 January 2023
Additions at cost
Proceeds from sales of investment
Nel gainl(loss) on investments
3.832,863
4.193,110
1,408,616
1.682,547
(1,626,650) (1,812,286)
136,272
1230,508)
Market value at 31 December 2023
£ 3,751,101 £ 3,832,863

Page 14
THE WYN AND KEN LO MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Page
2023
2022
CREDITORS- arnounts falling due within ong year
Donation Commitments
Investment management fees
Accountancy and administration fees
Independent examination fees
36.000
12.659
11,76D
2,400
44,500
13.004
5,220
1,200
Total crèdltors- amounts falling due within one year
£ 62,819
£ 63.924
CREDITORS- amount falllng due after more than ono yoar
Donation Commitments
17,476
52,427
Total ¢redllors - amounts falllng due aftor more than
on• year
£ 17.476
£ 52.427
CHARITABLE ACTIVITIES - GRANTS PAYABLE
No new multi-year commitments were made in the year. 12022 - £108,000 was awarded to four
organisations)-
The total outstanding commitments, as at 31 t)ecember 2023. are noted in Note 6 and Note 7
above.
TRANSACTIONS WITH TRUSTEES AND CONNECTED PERSONS
No trustee received any remuneration or expenses during the year ended 31 December 2023
(2022 £nil).
There were no other related party transaction8 during Ihe year.
10. ULTIMATE CONTROLLING PARTY
The trustees consider that Ihe Foundation is jointly controlled by the trustees and that there is no
ultimate controlling party.

Page 1S
THE WYN AND KEN LO MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
11. PRIOR YEAR INCOME AND CAPITAL FUND ANALYSIS
Income Fund Capital Fund
Total Funds
Income from:
Investments
40,223
40,223
Total Income
40,223
40,223
Expondituro on:
Charitable activities
Raising funds
292,274
50,010
292,274
50,010
Total ex￿ndItUre
342,284
342,284
Nel gain5 on inv95tmonts:
Realised losses
Unrealised losses
191,9601
1138,5481
{91.960}
{138,548}
Total galns on Investments
(230,508)
{230,508}
Net {expenditureifincome
{302,061 }
(230,508)
(532.5691
Transfers between funds
302.061
(302.061)
Loss on foreign cU￿encY movement
{5,062}
{5.0621
Net movements In funds
(537.631)
(537.6311
Recon¢iliation of funds:
Total funds brought forward at 1 January 2022
4,510.498
4,510,498
Totsl funds carried forward at 31 December 2022
£ 3,972.867
£ 3,972,867