2025-08-31-accounts

THF. HArroRI FOUNDATION ANNUAL REPORT AND FINANCIAI. STATF.MF.NTS JI AUC:USiT 2025

THF. HATTOKI FOUNDATION REI)ORT AND FINANCIAL STATF.NIENTS 31 AUGUST 2025 C()NTLNTS Page Compan}. Inlorn11£ lion Rcpurl of tli¢ Trustee Report of ilie Independenl Examiner Stuteiiient of Fin£lncial Aciiviiies IlnliillcL SlicLt Notes lo the Finiinci&I Siaiemenls 10.15

THE HArroRI FOUNDATIOIN CHARITY INFOR￿lATIoN Chiriti. Name Th¢ Hallori Foundation Clid?rit)' No 1014709 Princip#l Addrts$ 7 Ixion Sireei London SEI 8UE Goi'erning Instrunienl Trust D¢¢d daied S Oclober 1992 Trustee Haiiori Trusi Compan). Limited (Company nuniber 2749030) Dirtclors of the Trllstee Compun!. AndreiN' Marriner (Chairman) (A150 referred io as 'Trusiees') Jojl Haiiorl Piers Lane ANI Lady Gomersall Paul Waikins David Ivhelion OBE Raphoel Il'aiifisch KIL)5I.lufc.IwiL¢lski Cairiona Syed CMITdon Back Tknmas G￿lTh1 {resi￿ed 10 lanikar%' 20251 Hannah Burcheii {app)inied 21 January. 2025, resigned 17 April 20261 Elii.ab¢ili hlii'ale lappoiiit¢d 23 April 20261 Gen¢i'al I114nager Glenn Kesby Solicllor5 CTharle$ Russell Speeehl)'5 LLP S Fl¢¢i Pla¢e IA)ndon EC4I17RD Indei?eN(lent Liaminer Ross Stokes FC.A The Ac¢ouniing collecii%"¢ LLP Studio 8. 229 Shor¢dii¢h High Street LoEidon El OPJ Irbi'¢Stnitnt ,Il¥nJgers c￿e￿Oi.e Capilal fvlanagemeni Limi¢e4J 12 NIMrgaie London EC2R 6DA Ini"¢5tm¢nt PoM"¢rs Wide discretionar)" pow"e

TIIL TrIAThORI FOllIND..ITIO REPORT OF TIIF. TRLSI'EE The Trustee presenis its anniial rep)rt and financial statements of the SeltleiMei)t for ihe >'ear end¢d 31 ALlblllSt 20?5. The financidl siaieiiiei)Is Iiave b¢¢n pr¢paied in IlLcordance ii'itli tli¢ accotsniing policics SLt oiit iii iinie. I Iii ihe &2CCnlLtils and con)pl>' i%iih Ihc ch¢irilS s ifLlSI deed. tlie Ch%irilies A¢t 2011 (lie Statemeiil of ReLoiiiiiiLI)ded l)r¢l¢1ice (seLond ¢dillOli) and Accoiintin¥ Financial Reportiiig Standard appli¢able in the UK and th¢ Repiiblic of Ireland (FRS 102). STRUCTURE, COVF,RNANCE, IIIANAGENIF.NT AND RISK MANAGF.MF.NT I'he FoiindaTlon is consiiiuivd uiid¥r 41 TiuJl Drttl i 41ging the services of a ii"ell-respecied firm of investnient nianagers and by keeping the performan¢¢ of th￿1¢ firm linder r¢vieii'. I)B,IF.CTIVF.S AND AcfiviTIF.S he Found" -rh* xili'xiii't'iiipiII Arid prnninli(In in Plc rticiilar of miisic and iiiusical coii)posilioi). Il)L' IIII151Lal Ldiicalion, Irli iningk and advancemenl ol-younL ￿Ople and sludenis ofiiiusii- tlie adv£111ceiiiei)l ol. ediiccltion in ¢ind lippreciic lion ai)d vndersll£ iiding of ihe visual arls; Ilie educatioii, trainiiib 4ind advon¢¢mcnt of youns P¥rsons ond stiidenls ofih¢ Vi•￿￿tIl Arts. Diirinbi ihe }'edr, Ilie Fvuiidalion coiidiicted aildilions w)d made awards Io )oun8 Inusicians to aS5i51 ivith pri)jeLts ii'liicli they had subniilted to il)e Iruslees. as indicated belom,. SinLL 2015,-l-lie Iliiltori FoLin(lali()n lias run ilie biiilding knoi%'n as 1901 Art5 Club, ()fiering 5ubsidised spaces for perlorinl¢ nces, rehearsals, me¢iings and eyenls to oiher cl)arilies aiid eiiiergiiig ariists. (Jraii15 lire iiiade al Ilie discreiion of Ihe Triislee and usually folloiv an audition. Deiails of girants mi2de diiriiiLtr the i'e<if re Set oiil beloii.. ACHIEI'EhlF.NI T.$ AND PF.RFORMANCE Diii'iiibw ihe !'e<ir tlie Foiiiidation reLeii'ed 20 JLinior applications. Ai%'ards ranging beliveen £2.50 and £1,000 ere lllllde to elL%'en applic<liils lolalling £6,350. 96 Sci)i()r applic<ltioiis iverc r¢¢eived from ii.hich 17 Il'ere ini'ited to audition. Senior Aii'ards of betii'eei1 £4.000 Lind £7.000 i¥"eTe iiiade to nine appliianls InclLidii)g oiie ensenible: ioiallino £45.$00. Iii adLliiion 10 Ilie Senior Aii.Irds, a fiirilier IhrLe fin4l1isls ii'ere paid assislance gianls of beiii'e¢n £ l.oon and £2,000 eacli: loliillinu £4,000. Oiie speci471 projecl i%"as £lI1"arded a wani of £2,000. One Concerto Debiit prize li.as aii"arded this J'e<ir for a (Iitiire p¢rforii)aiice iiiih an oi¢hestra.

THE HATTORI FOUNDATION RF,PORT OF THE TRUSTEE FINANCIAL REVIEW ilvlii) Tlie bic Iclnce of iinTLStricted funds is represenied bj, (a) sums invesied ii'iElI Cazenove Capiial ManagTeiiient l.iinited clasqifJed on th¢ bilai)ce gheel a% filed asset iniestnipnts o?nA (h} eiirrpiil .9qg￿l% iNliieh Ili&. l-Tllle regaTds as free reserves. The Trlislee expects granl commitnienls io be funded as Ilie>' fall diie froii) fiitiire inLon)e'. fciilinR this. the Foundation has recourse lo sums invested. INVESTI¥IENT POLICY AND PF.RFORIVIANCE The Triisiee's inveslmenl policy is io preserve capital in line iviih innaiion as a minimum ai)d lo n)aintain a siistained anniial income above £80,000 per annum io enable ilie Foundation to continue its annual gprai)t gii'ing in niu5ic. DILrinE the year ini'eslinent incon)e has slioiin a decrease of £32 (2024 ii)Ir¢as¢ of £1 ? 7091. Nei ret11iseil 1¥ lid illU¢4l1is¢d xaiiis on ini'estments amounied 10 £261,03712024- kaiiis of £384,902). PIIBLIC BF.NF.FIT TIIL -I'riislLL I)&i% hii d r¢g?¢ rd io Ihe giiidance issued b). the Charit). Conin)ission concerning piiblic benefii, Th¢ Triisiee is satisfied that the iiiforiiialic)n gviven in ihis report, palli¢iilarl}' r¢gardiiig Ilie activities iiiidertakeii and tlie uLhiei'enienis during ihe }'¢ar, Ivhen read in conjuiiction iviih the objeLliv¢s uf ilie Foiinduliui), di'iiii)i)%lr,?li%% Iliil IIIL. re<iiiirement to identify puhlic henefii h&s been mei. PI.ANS FQR FIITIIKF. exlrcl siipport i¥iih PL¥I()rniinki {}p￿)rItin1Iie8 lil Ils pren11￿'s, ilie liceiisLd i'enue k'noivii as 1901 Aris Club. STA'fF.I¥ITr:NT QF TRUSTF,F. RF.,%I)<)IYSIBII.ITITr:S Tli¥ TriisteL> is fLsponsiblL for prep41rin&r ihe Rep()rt o( Ihe Trusiee ond the finttnci11 slalen)Lnts in acLorJ:IllLe i¥ lili ai)pliciL ble 14ll%' Ilnd Uniied Kin8doni Accouniing Siandards {Uniled Kiiigdoni Generally ALceplL.d ALLCllll11iii&T PraLtiLe). The la1￿ cipp1iLable to charilies in F.ngland & IVal¢s reqiiires the Triislee to prepare financial slcileiiients for ec2clI Iiiicllllili l )'¢ir ￿-b¢(h &iive a irlie I1nd fiiir viei%- of the slale of affciirs of the Lhiirii). and i)r ¢l)L in¢uii)iiib r¢soiirce.% and applic<l1ion of resoiirces of lh¢ charil)- for tliai p¢riod. In preparinx these financial stiileincnls, Select siiit%ibl¢ 14 ¢LOLiniing policies and ppl!. Ihem consisienll!" ()hserve the methods Klnd piinciple5 in ihe Chclriiie5 SORP.. St(li¢ li IILth¢r applic<ible UK accoiiiiliiig 51c?iidards hai-e been folloii'ed. subject to an). Inaierial depariiires disLlosed and explaiiied iii tlie lingncial siJien)enis' PrLpar¥ IhL' IinanLial slaieii)enls on going concern basis unless il 15 appropriate io presiinie thai Ihe

THF. HArroRI FOUNDATION REPORT OF TIIE TRITSTEE STATF.TrIENT OF TRUSTF.F. RESPOYSIBILITIES (Loutiiiutd) Tlie Triislee is responsible for keeping proper accouniing records ihat disclose ii'ith reasonable accLiracJ' at rl)e riiiie iliL fiiiaiiclal poslilon of ihe charii). ¢uid ¢li&ibl¥ Ili¥ Tluslrr Iv riisui¢ Iliai Ilie fiiiciiicial 51atcii)ciils conipl>' I￿11h the Chlliiiies Act 2011, Ihe Charit). (Accoiints and RewTrr¢S) Regulatioiis 2008 aiid the provisions ol. IliL charit}. s Trust DLLd. I'lie Trlislee is also responsible for safeguc1rding ihe asseis of ihe ch2L rit), hence foT tak'ing reasonnble step5 for Ihe prevention and deteciion ol. Iraud and other irregularities. Appr£ived nn behalf nf the. I'nistee on 6 Jiine 2026 and signed on its behair An(Ireiv Illarriner Cliairiiian

THF. HATTORI bOUNDATION INDF.PF,NDF,NT EXANIINER)S REPORT TO THE TRUSTEE OF THE HATTORI F()UIYDA TI()N I repon ro the Trustee on mi. exarninaiion of ihe financial staienienis of The l.laitori Foundaiion ('the Llicll ily,) fi>1 IIIL )rdr riid¢d 3 l 2025 ivlii£li coii)Wi5C tlie Stateiiieiit of Fiiiaiiiial A£tivitics, tlic Bli laiicL SheLt and relaied iiol¢s. I'IIL5 Lepoil is iiiade 501cls' to th¢ ¥liaril) 5 TIu5t¢¢. a5 a bod)-y ln ac¢ordanc¢ iviih seciion 145 of tlie Cl)1lrities Act 201 l. Nly iiork his been underiaken so ihai I mighi slate io the charity's Triistee those mailers l an) r¢qiiired to state to theni in this report and for no oiher purpose. To ihe lullesi e¥l¢ni pern)Itted by lai%'. I do not acLept or 8ssuin¢ responsibility to anyone other Ilian tlie cliarit), and tlie ch4irity's TrLlStee as a bodi,. for mi, ii'ork, for ihis rem)rt. or for ihe opinions I have fornied. Responsibilitits 4n(I basi5 of reporl As th¢ Triiste¢ ol. the charitj. )'oii are responsible lor the preparation ol ihe tinanLial slal¢ni¢nts 111 acLord<lnLe w'ith the Tequiremenls of Ihe Cliarities Aci 2011 I'ilie Act.). I r¢por( in resp¢cl of my examinaiion ofthe charity's financial slalemenis carried out Under section 14.5 i)I' IliL AL¢ lind in carT}'ing oiii i))i' exaiiiinaiion I Iiai'L folloiied all the applicable Direclions gjiven b). the C'.11I1rily Coiiiiiiission linder s¢¢lion 14i(51(b} ol'the Acl. An iiidLPLllLILnt e¥iiiiiin?c lion d()¢s not involve gathering all ihL L'l'idenLe ilial i¥'oiild be rL(iiiired iii an 11(lit cl11(I coiiseqiiiiiil), di)¢s not COVL'r all IliL niatltrs th1£ l an aiiditor considers li) giving Il}Lir opiiiion oil IIIL 11111¢ iiiial Si¢llLiiieiils. l-lie plaiiiiingj ai)d ¢ondiiLt ol ali audil goLS bcJ'ui)d the lii))iicd assiir¢lliC¢ Iliai 111 iiiilependeill exaiiiiiidlion cai) prvvid¢. Consequ¢nil)', l express no opinion as lo ii'l)eilier tlie finaiiLial 1l2lLiiiLiils PTesLiil %? 'ifiiL nd fair, %'ieiY and m). report is liniiied io those specific IIIL211ers set out in Il)e Inil¢'pi'n(l¢ni ¢xaiiilnor's 5t#tenient I h(IVL' ¢()Inpleied m), exaniination. I confiriii ihat no nialerial niaiiers 1147ve coine to niy atieniion in conneLlion iviili Ilie examin%ilion giving nie Cause io b¢liev¢ Iliai in an}, iiiai¢rial respeLt'. i¢¢o(Inlin¥ records ii'ere not kepl in Te5peci of the charit). required by section 130 ofthe Ac¢,. or tIIL linilllciiil Slii ILin¥nis do ni)l accord ii'itli tliose records; or the Iii)1lllCiiil 5111¢niei)Is do not conipli. ii-iili ilie applicable reqiiiremeiits conceniiiiki tlie lorni aiid c()iitei)t (Jf clLLI)Iiiils sel OLIt in tlie C.liarilies IAi¢oiinis and R¢ports) Regiilatioi)5 2008 oilier Iliaii clti). rLqiiifLiiILiiI thii I Ilie aici)Iinls give 11 'iriie c111d fair viei%' ￿l11L]i is noi a Iter c17nsidered as P11 Tl of 11n iiidepei)denl exAtMitiation.

THE HATTORI FOUNDATIOIN INI)FPF.NnF.NT F.xA￿I1NF.R'8 REPORT TO THE TRUSTEE OF THE HATTORI FOUNDATION I h&?ve no ¢o)ncerns nd h49vv cAmtr. ￿t￿$S t)ther tters in cannection i%'ith ihe exainincltion to iiliich aiiention shoLild be drai%'n in ihis retM)rl in order to enable a proper underslanding ol Ihe financial st4iieinenls to be reached. ROSJ ¥Stok¢Ji rcA I'h¢ Accoiinting Colleciive LLP Siiiilio 8. 229 Sliuri'dii¢h Fligh StreLI, F.16PJ. O JLine 2020

THE HAThORI FOUNDATION STATEfvIENT OF FINANCIAL ACTIVITIF.S FOR THE YEAR ENDED 31 AUGUST 2025 Note 2024 INCO￿lE AND EXPENDITURF. Ini'estmenl inconie Dii'idends and related income L)epos11 Interest 17,105 117,137 1,173 1,238 18,278 118.375 Resoiir¢es txpend Investi￿eThI mar>ageinenl fees 14.9%$ I I,A$6 Clillrilable thelli'ilies Gr£11)t5 C()IiSLiliancy Aiidilinnq 1&2 63,600 10,000 791 58,250 i 0,000 267 74,391 68,517 NL.l inconiing resources from ini'eslment an(12ranl3 28,902 36,202 Turnover F.¥'¢rit iJi¢om¢ OIliLr inLuille Di)ncilioiis rLLeived 109.777 280 g6.940 4,400 30.000 15,185 121,340 Less: cost of goo115 solcl B75 r con5llllliibles CIL teriiig Agjency Siafl- Artisls c1nd peTfornian¢es 11,265 3,987 8.788 4,412 7,321 6.034 7.044 32,447 26.555 Grobs Iirufil- carrieil forii.ard 82.738 94.785 The a¢¢onipan%itig notes lorni an inie8r31 part of these finan¢ial sthiemen

TFIE HATT()RI FOUNDATION STATEI¥IEf4lT OF FINANCIAL AcfiviTIES FOR THF. YF.AR F.NDED 31 AUGUST 2025 (LunliJiu¢(J) Piote 2025 2024 Gross profit- brought foriillrd 82,738 94.785 Total gross lThconie 111,640 130,987 Overhead expendiiiire 123,537 180,962 149,9751 Other recognised gains Jnd losses IlnrLalised Ilosses)Igains on investment asseis RL<ilisecl g1L IiisI(IossLsI 011 invesinieni assets 208,842 17.8051 393.550 18,648 261.037 384,902 Net inconie for the )'ear Funil l):Ilanees broiighl fori%'Ard unrestriett(I fiinds 249.140 3.652,608 334.927 3,317,681 £ 3.901,748 £ 3.652,608 All %iniounls relate to conliniiing aciivities. All rLcognisLd siirplu5es and deficits are incliided in Ihe slalenieni of fina￿la[ aclii'ities i%'liicli sl)01I'5 lh¢ iotL11 net niovenient in flind5 for Ihc )'¢ar. The accompanl'inu noies forni an initgral part of ihese financial statenients

THF. FIATTC)RI F()UNDATION BALANCE SHEET_ 31ST AUCUST. 202) ote 20Z4 FIXF.D ASSF.TS n8ihlp InvL5tI)ienls 2.44R 3.897.251 1.908 3.636,213 3.899.699 3.638.121 CIIRRF.NT AS.SF.TS Debiors ranl% niTrt yei paid 12.949 54.175 12,418 43.718 67.124 56.1.16 NF.T CURR Tr:NT AS.SF,TS 945 14.487 r+lF.T A.%SF.TS £ 3,900,644 £ 3,652,608 RF.I)IIF.SENTEI) BY Uiires¢riit¢d fiiiids Rc5 irl¢d fiinds £ 3,900,644 £ 3.652,608 Appn)i'pd h5. Ilip Triisle.e nf The HAtlnri Foundafioii and signed on ils behalf on 6 June 2026. Andreii. ￿%￿rrIner ChJiTmttn The a¢conipi2n)'ing notes fonll an integral part ofthese financial 51aten*nts

10 THF. HATTORI FOUNDATION NOTES TO THE FINANCIALSTATF.i¥IF.NTS 31 AUGU,ST 2025 I. ACCOUNTING POLICIES a. B<iSiS of preparation of accoilnis Tlie a¢coiinis Iin¢e the Trust has enlitlen)eni lo the income. il is probable ihat tlie income will be receive(l aiid ihe ainouiil of income Tcceivable can be meic sured reliilbl).. D(Inlc lion% li re recognised once received or once the Trustee considers ihai receipt is liigl)ly pro￿￿ble. In tlie eveiil Ih¢l1 a (loiiation IS 5Libjecl lo condilions thal require a level of perforin¢l1)¢¢ before the l-rusl is entitled lo IIIL Ilind5, Ihe Inconie Is d¢f¢rred 11()l T¢Lu¥iiis¢Q uiiiil ¢iili¢i Illu￿ LuiJJi(iuiiJ ujr (ull) Jll¢l, vi Ili¢ liiifiliiiL'ni ol- Iliose Londilions is iiliolly iiiihin ilie conlrol of ihe Trusl and li is probable thai those conditions ii'ill be fiilfilled ii) the rcportinb period. IntLrLSi on I'iinds Iield on deposii is in¢liided ii'hen receiitable and Ihe an)oiinl can be nieasured Teliilbl J, by Il)e I'r115t: this is IlOTiiiall)' Iipoii notificalioii of ihe ii)ieresi paid or pa)'abl¢ b). Ilie baiik. ExpendiiLifL reco&Jnilion .iiibilili¢s are recogiiised as expcnililiire as soon as there is a legal or constrii¢liYe obligalion coi111)iitiing the I'riibl IL> Iliill ¥.Ip¢iiJiiui¢, li IS Vlvbiiblr Illal 5Cttleiii¢iit li ill b¢ required iiiid (li¢ ainount of il)e oblibrniion can be i)ielc siired r¢liably. All expendiiiiri. 15 aLL()unled for on an %ic¢fu%ils basis. All expenses iiicluding support costs and governai)ce ¢()%ls <ire cilloLaled or c1PPOrtionLd io Ilie applicable expendiiur¢ h¢adings. (iTai)1s Pli J1ble llre P£1)'menls niiide lo third parli¢s in the fiirilierllnce of Ihe charilable objectives of (lie Trust. Iii ilie Lclse oran uiicondiiionjl g¥T£Lni vrf¢r Iliis IJ aiLrii¥d viiir ilir Ir¥iyieiLI be¢Ji iiulifjeil vftlic ¥i-aJit Icird. The notifi¢aiion gives the recipient a rl.. sonilbl¢ ¢xpeLlc1ti()n ih&21 the) INill receive Ilie on¢-J'¢ar or 'Ir gr1£ Ill. Grants Ivards Iliai are siibjecl lo tlie recipienl lullilling p¢rforn)anLe Londitiolls re only Lcriied iilieii the rcLipieni has been notified olihe granl aii(l an). reiiiaiiiii)g iiiilullilled condilioii ¢llt<i¢li¢d to tli¢il orThnt is oiilside ofihe control of th¢ Trusi. d. I￿¢COVerable VA T Irrecoverable VA T is ¢harged again51 the Cmiegor). of resources expended for ii.hich it li.as ii)curr¢d.

THF. HATTORI FOUNDATION NOTES TO THE FINANCIAL STATENIF.NTS 31 AUGUST 2025 I. ACCOUNTING POI,ICIES {¢ontinued) e. Gov¢rnan¢¢ ¢osts GovernL2nce costs cotnprise all CO$￿ involving ihe public ac¢ounlabiliry' of ihe Tnist and its Coinpliance wilh regiilalion and good praclice. These costs include costs related to ihe independent exaiiiiner's lee togellier ii'ilh other overhead ¢osts. D¢lails of Ih¢se ¢osls are s¢1 out in note 3 to tl)¢ rii)ancial statements. f. ChclTi11£ ble activities Cosls of charilclble a¢lii'ities incliide prize aii'ards and grants made. g. Tangible fixed assets and depreciation TanRible fi.xeil a%s¢is consist of lixtlires. fillings and equipment. tkpreciaiion at a raie of 250/0 per l)Iiiiiii Iiiis beeii char&yed lo ii-rile doi4n Ihe V1¢ lu¢ of il)¢se asseis lo ilieir carry'ing values. h. fin11 ncial inslriiments TIIL -l-rL15t has cliosen io adopi Se¢lions I l and 12 of FRS 102 in r¢spect of financial instrun)ents. .WliiJtl ilehiors ereililors DLbi()rs and Lrtditors %ii¢li no giai¢d interest raie ai)d reLeivable or payable iiiiliin 01)e )'ear are rccorcle(11c t Irii nsc1clioii price. Any losses risiiig froni illiPi£ irnieiil arL recowiised iii ilie Stc?lenienl of l.'in¢iniial Ailiviti¢s in 'adiTiinistrative expenses,. cii.lli un<1 cu.sli eflllll'alenl.I Ca511 and casl) L4uival¥nls Loniprise cash al bank and in hand. CPfliwlliiiL' inclllclcil ssets cind lic1bililie5 are offsL*i and ih¢ nel aii)OLillis pn'sented in ili¢ ac¢ouiils wliei) tliere is a legjally ¢nfi>riL¢1bl¥ ri¥ht t() set oll- the recogni5ed amoiiiits and ihere is ali iiiteiition lo seiile on a nel Fiind strLlCtiire The Trusi has a sin¥lL' pemi¥in¢ni (lind. The iemis ofilie irusi deed alloiv ihe Incon)e io be aLCllI))Iilile(l nd Ilie tapiic1110 be spent if ilie Tr4151ees so deleriiiine. UnrL511icl¥d fiinds comprise Ihose Iiinds ii'hicli the Triistees re free to Lise for n!. piirp05e in fLirilierc1nce of Ilie Lliariiable obj¢ilS. Unr¢sirl¢i¢d funds Iniliid¢ d¢slgnai¢d il'here ihe Triislees, lil Ilieir discretion, ii'i.8h in create a fund for a S￿lfIe piirpose.

12 TFIF. HATTORI FOUNDATION NCITF.4 Tfi THF. FINANCIAL STATENIENTS JI AUGUST 2D25 I. ACCOUNTING POLICIES (coniinued) j. Investments Ii)vesin)enls are stated at Jnarkei i'alue ai ihe balance sheet date, i&hich gil'es rise to unrealised gains and losses ivhich are incliided in the Statement of Financial Activilies. Realised gains and losses arising on tlie disposal of inveslmenls during the year are s¢par£iiely disclosed in the Staiemeni of Financial ALlii'ilies. 2, GRAN'fs PA YABLE 2n24 Grciiils P£lyable broiighi fonvard N¢1 pnynienls durin8 yetsr {43.OOUI {37,UVUI 12,100 15.251Tr 41.nfH) Grkints payabl¢ Larri¢d fonvard £ 63,600 £ 58,250 3. OVI-.RFII.AD I:.XPENDI-I'URF. 202.4 2024 Rei)t, rateb &iid S¢TN'i¢es l?riiilin&. pusla8L and slalionLry I'elLpI)oiie 4iid 101l11111111lLalions C'()iiipiitLI expLI)%LS l)liolo¢opier expenses Llliiifs, 5eciirii%' aiid cleaiiing Adi'eriisingj and pron)olion I dlid i)rufes5ional f¢es Inilepeiidenl exilminalion Accoiinl¢inc)' Bi1nk clicir¥¢s Tr#i'el and irilllSPOrt expenses Siindr), e.Ipen5e5 Il'ages and salaries S()ti.Il seLiirit>' costs ljeiisioii contributions l)Lpreciatioii 11,896 446 3.047 2.395 2.569 9.968 1,97.7 3,729 1.650 1,650 576 46 61 66.554 9,313 541 2,803 1,671 2,794 85.345 1,964 4.907 1,550 481 89 52,590 14.900 2.077 13.93_1 1,428 £ 123.537 £ 180,962

THF. IIATTORI FOUNDATIOkN NOTES TO THF. FINANCIAL STATF.￿1ENTs JI AUGIISJ IV25 4. TANGIBLE ASSETS Fiilur¢'¥, riltings an(1 equipiiienl Cosl Ai 31 Aiigust 2024 Additions Digposals 5.705 2,617 At 31 AILBUSt 2(J25 .322 Depreclii tion At 31 Aligi￿t 2024 Cli£1rgye for tlie year On disposal$ 3,797 2,077 At 3 l AiigLLSt 2024 5,874 Cjrryini i'#lues AI 31 Aug7usI 2025 2,448 At 31 Aligust 2024 1,908 5. INVESTMENTS 2024 M,I1'kLI I',Ilue at the start of the reporting period (excluding cash) Adilitii)ns Disposals Unrealised gciin arising on revalLiations in ihe year 3.636.213 1235.9241 228.119 3.252.69S (91,231) 81.199 268,843 393,550 M<l1'kel Vlc liie at the end ol the reporting ￿rIOd (excluding Cash) £ 3.897,251 £ 3.636,213 Historic cost £ 2.386,647 £ 2,475,6$1

14 THF. HATTORI FOUNDATIONI NChTF.% Tn TFIF. FINANcIALsTATE￿IET￿'Ts J I AUCyllST 2025 6. DF.BTORS 2025 2024 I'rade dL.biurs Prepa)'nienls and accrued income SLindT}' debiors 1.194 1.637 4,454 2.831 4.454 7. CRF.DITORS.. AMOLJNTS FALLINCI I)UE WITIIIN ONE YEAR 2024 TradL crediiors ()Ih¥r iax<ilion Accrui115 3,288 5.391 4,270 3.002 0,191 3,225 12,949 £ 12,418 8. RF.MUNERATION AND EXPLNSES PA YAIILf. TO DIREC'foRS OF TFIL TRUSI'LE C'()MPANY The l-riislcc r¢¢¢iN'¢d no remiincraiion diiring (he )'ear {2023 - nil). No expenses ivere reimbursed 9. FIES PAID TO'fHE INDrpr.NDENT EXAMINER 2024 ALCI)Iiiillc ncy Iltli¢r fees IiidLp¢nd¢nl e.Kallli11l£ lion 1,650 £ 1.700 £ 1.650 500 10. STAFF 202.5 2024 Tlie ai'¢iage niiniber of staft-during the )'ear Tliere ii'er¢ no eiiiployees ii.ith eiiiolument5 in e%cess of£60,000 during thc !'¥ar ?024 nil).

15 THE HA￿oR1 FOUNDATIOIN NnTF..% Tn THF. FINANC.IAI. STATF.hlF.NTS 31 AIJGUST 2025 I I. LEASE COMMITMENTS Tlie Foundation's comniilments for renial paynients under operaling leases during Ilie )ear to 31 Aii¥iisi 2025 are as folloii's: 202) 2024 Pliotocopier rental 2.569 £ 2.794 12. RELATED PARTY TRANSACTIONS Diiriiig ili¢ )'¢iir Juji Hiiiivfi, (i Dii¥Liur uf ili¥ Ti usl¢¢ Cviiiydiiy, duii£il¢¢J £S.128 (2024 - £30.000) Lu cover expenses.