2023-03-31-accounts

R•g1St•r￿ numb•r. 02J70800 Ch•dty nymber: 10413Q7 ARK MEDICAL TRUST (A company Ilmited by guarantse) TRUSTEES. REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 lllllllllllll ACHZYJNA OW1212023 COMPANIES House

79

(A company Ilmltod by gwrant••) Page Twst••s' rwrt Indewid•Tht •udltorf$ rnport on th• finvKW 7-10 11 Consolldated balanGg $1rt 12-13 C¢mp•ny b•lanee sh••t 14- 15 16 17-3S

ARK AIEDICAL TRUST eompafiy Ilmitad by gu•rantsel REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR El￿D 31 MARCH 2023 Trust•es C l O Broekes. Cknlman M R¢¢$ M C D Roberts R G Firfay R E Walker Company rngist•r￿ r•umb•r 029708CI) Charfty fe9tsknd numb•r 1041307 Ilegl8t•r•d offlc• IActoria House. 39 WxKh8Stor Street. 8as¥Wke. Hanyhire, RG21 1EQ prtn¢ipal op•r•ting ¢)ffi C¢ntre. Diiv¢. 8awl(**. Hampstyrt RG24 Murry Ind•p•ftd•ntaudltor Shaw Gitès (P4Kk) Limrted. Wey C(th W•sL Ro•J. Farrd>am. Surroy. GU9 7PT B•nk•rs Lknyds TSB P SollGlta Lamb LLP. Ba$wwstoke Page 1

(A￿mpanY Ilmed by 9uaTrnteel TRUSTEES. REPORT FOR THE YEAR ENO&1 31 M&•RCH 2023 The Trustses present their annu81 reFKMI together yth the wJthie(l finar￿181 statemtrts of th• Company for Ihe 1 April 2022 to 31 March 2023. The Annual report s•rrfes the wrrN)ses of both a Trustses. report aThJ a dIwto￿. rewrt under comtwiy law. The Trnstees confirm that Ihe AnnLAI rewt and financLal statemants of Ihè ¢haiita)le Ihe ojrrent siatutory reWrements. ￿ reoJlrements ol Iha charitsble companls goveming docurnenl and tho of th& Statem￿t of Recc¥nmerthd practi￿ ISORPI applicab￿ to harities preparing th•ir acc(￿lS in ¥c¢rdance 4vlih tho Fln•ncial Reportkng S￿dard applt(Jle in th UK and Republic ol Ir8land {FRS1021 (8ffeetiv• 1 ￿191. the Grc¥Jp and the Cornp￿y as small sgctJ1 383 of ts C(rfnpares Acl 20￿. the Gr￿p Strats9￿ r￿[￿ re¢wlr•d of m•Jium lar￿ CLYnpanies urbJ8r thg Cryan Act {Stratagr R•pot aryj Dirvth, Report) Re9￿atIonS 2013 beffi cthrtted. l¥•¢tiv•s arKI actfvltl•s • Poll¢l•s and obJ•rtlv• The obiedives of the Charity to wovA1irvJ and alvarKry sttttly and general knovA•dp of s¢ien¢e and m¢di(ne, SLW dentistry vthith is achie¥ed by ts (ariVs wtssly vwne(I subskliary %%thl¢h operates a ujnférè￿rrfj and educatk)n 14thty porticu￿ emphasis n Ihe Mod￿al sector. We also offer $pon50rship fthv tr use of the ARK by.rit ¥TrJ dher cttnmunitywps. In setlN)o obiecives arvj Icy aclwlilies, ts Trustees have 9wI due cons•Jgration to gener819uidanct publlshed by the Chartty Cc•nmisswJft I￿LItC the guMl8n¢¢ bonofiL runnwvJ Ity IP821'. A¢hl•vemnts and perfomwn • R¢¥l•w ol actlvltl•s The Charty has o)ntinLd its CommuThty p[r￿￿￿me r¢xths groups to be able to meet i an uplillkng enwrofflient. We have l(xffld fft￿Y of ow cclnmunity gr(ays have JTrt to rebjm lo face-trpface m88tings folk)vAn9 COVILk19, Ih)wovor 9￿(￿p$ s￿h as the Basingslc&e Breast Cancer Group. Gyn88 Oncolc>Jy &Jppryt Group PWkir￿OnS PRISM hwe ctJknwJ touso the xk C8ntre for I1￿ rowlar meolings. t￿lIng Sryiw 2023 Hampstrllre H05Pital Ftyjrthlion Tw51 suc¢essfvlty rekcated the majority ol NHS olministrative leams sitLOted in the Ark to their offtts the hosF4tal. This was Ihts final $18ge of additsonal NHS use ol the Ark fc41owu the Co4MI pid•mr. The th Th)w has M use of am ¢U)feren￿n9 facdib.es 8Tr1 major refvrbtshmeni wore wJerta￿. Conference5 have varied in siTr raThJirKJ Irryn 15 to 2￿ attwths. Marry events prDwded calerI￿j servlces to ensure a complete c￿10￿nCe has delivered by the ¢•res In4￿￿Se catering t•8m. Live deo d8monstst¥m. workshcps and 4ntwaekn sesSior￿ were also intagr8ted into some c)nferences to erthancé trE learn￿g and thi¥knrvJ opp￿in￿e5 tor delegat•s. Notable events tiKludwJ carers tNnirwJ. Iwt fai￿re thca¥on, company conferwces. GP upjate cours•$. ￿r¢ou5 ¢ommLrity evenls. medKal ewipment traning cowses. business leade￿. evenin9S. supply ch8in meetir•. le¥m meetings. I￿$ ffleetros. HR & comrnuThcatffiS T08d51￿. workshops, ￿￿¥emance days and trade urUc￿ moetsr￿. W• d¥0 d811ber•d many social wcxk exhrtplllxts. de¥Jprnenl Company metlrgs. knrThaiJon days, rAtient adL￿at1 evenin98, eryTrfrIerKl￿ 8obJbC￿S meetiry5, fa(aibes arbj eryneering servlc&s )nferen¢es, nwsing confere￿. teac+￿ $8ssior*. seThice ¢onfefences, communication skll$

MEDICL TRUST (A ¢ompany 11m1t￿ by guarantee) TRUSTEEV REPORT ICONTINUEDI FOR THE YEAR ENDED 31 h1&lRCH 2023 A¢hOevem•nts and Perform￿¢8 (¢ontwMd) On¢tr agarn Ihis year Chrthias events remain&J p¥ular. wilh Chrfstrnas ￿n¢￿e$ fes1% afternoon teas deliver8d in Ihe le•J up to the 7Ainter hJiday4. FSnand4 r•vl•w • Goln9 concern After makww 8ppfcyii enqukl¢s. Ihe Tntstees a reas¢mable expectknn that the COMp￿Y has adequate r8soJfC8S to contiThJ• in opèrntitinal oxistwc8 fc th• fer•s•¢•￿ fulurn. For they contiTrJè to adopt th8 ￿rt9 eoncam bass in kYep¥trig the finanaa ststern￿ts. • Re8•r¥•s policy It is Its policy of Charty to aim lo t￿lId its free reselvos to a level thl)tth ew#les to approxm•tely a years UnrestrKl￿J exFendituro for the Grtsjp. Th& tsuslees consider that this woukl pro¥klo suffirietit lunds to cov management, adminislTaticn arK1 S￿pL¥t o)sts aThl to reS[￿d to affly eM￿￿neY needs. may aiise Irom twne to time. • Invtstmerts polcy A significant omoJnt of fv ChariiV$ fvnds have been The th Conlerence Cenlre Limiied. The Charity doès not h¥4p wrydhar fixed osset Mweslmonts as we short terni. Al Ihe bdance sheei dale Ur￿str￿1ed fuThls thf £4286254 12Q22'. £4.270.3561 and restricled lund5 of £63.483 {2022: £63.1231 V•Ere hehj. Freg reserves w8£956.174 {2022: £893.552}. Stru¢eurni gov•rn•nee man•g¢•i￿ Ath Medical Tntst ss a Company Limited by Gwdne, rM)t havry Share C*1. aTrJ ts govemed by Its Memorandum a￿1 of A350ciam dthl 23rd Septemtr￿r 1W. ft Is r8gslw•J as a charity v•ilh tho Charity Comrni$siw. Chèilynumber. 1041307 CThnpany number. 0297C Clmrty ujffenty has ￿ mwnbws otr)er the Tntslees oach awee to c¢rknbule no ￿￿)re Ihan £1 in the event Of￿ C￿lItyT￿ThI￿lr¥J LP. Pago 3

{Acompwry limlt•d by gu•rnntel TRVSTEES. REPORT {CONTINiEDI FOR THE YEAR ENDED 31 MARCH 2023 StnKture. govemance and managem•nt {¢onllnwdl The th'rectss af Ihe chwtsble c£thp8ny Dhe Ch8ritKI are its Trusbes for tha pur[￿8 of charity law and throughrrt this report are c(AlecYvely referred lo as Tr &)ard". New Truses are apptiintthl At th8 discretion of the exlsting Twstses. Many ol Trustees ha¥e a period of ow 10 yaars. thje to thelr ￿n￿￿edge and lh& •xwtis8 Ih•y brirKJ to ts boord w ¥e dg1W￿•d •¥• ¢PK¢n to remain. Th￿ has tx8n diifitsjlty attracting new memb8rs to l¥ko Ih8ir pl0. sel io tr AJttdes ofAssKIats￿ the ChaThian (rflhe TnJses 15 nomiri8d by the &ord. At each Annual General Meeting cffle thyd of th members rA the Bowd retire fTh) offico. rI￿t members lo reb.re ara those Ytho have b•èn I￿OSt in offict sinc• Ihthr18St declN)n or apFdntmenL A rntiring mèmber of ttr At the end of1￿ yw Ilw 6owd ofknr rned￿l dire¢lors. an aco)unlanl 0Th1 a I￿r. • 0￿￿1¥allonal structyr¢ Ark conf8r•n￿ c￿ thè Charity. This indudts fvndraisry acb"viti"es and th• marwgement of th• ctynmunly spongxthip FYcgrnmm8 énat4e free use of thè C8ntr• by community groups. • TN¥lee Indu¢tlon and trwiftg New Tntslees undenJo ulertslicm to brief them on th•r oNigatsons ¢horty ¢Lvnpany law. the Tru$189s me8t regLW at The Ark ConftrgrKe Cerkn are madg 8ware of (ary8s r01alHii toth• rLming of the Charity. Risk Assessment Reoxd Is revlth*d annuaity 7rrith deta.￿ dEs￿$s￿X￿ takiTrJ place of any changes to the pe￿Ved •xpxwe lo culan areas of risK Tho CorrtKt of Interest Regtst4r arnually to rgfle¢t arty changes. P404

ARK MEDICAL TRUST (A ¢¢wny kn•d by guar•Dteel TRUSTEES. RÉPORT (CIY4TINUEDI FOR THE YEAR ENL)ED 31 WIRCH 2023 StN¢tUrn• 00￿man¢¥ and manag¢m•nt{MnlinwdJ Plans for futsr• p•rlods The Board ¥ill contirrt lo mairrtain arwj ffin￿(￿ The process of Cor￿￿1¥19 and improving existi"n9 space ¢￿tInueS rnther physKally oxpandirwj the wemises. This has bgen shown with the inveslment in new tethrt40gy wl maKth"n centre's state of Ihe art status within the Stal¢ment of Trus¢•¢s' rn$po•slblllll•s The Trusle•s are also Ihe drectors ofthe Cixnpary for Ihe wrF4)ses ￿ company law) are ￿SponSible ts1 prewirwj th Trustee$, rw ￿ lh• finanoal aatements in accorda￿e appl¢able law and United CthTrpary1ow r¢qtires th• TNst•es to prepare finanlyal St•leMe￿ tr eath firwKial pertt￿. Undef company ¥. the Trustees must not appr(fv• the finarLial ststemenls they are S1$ffi￿ Ihat tr)ey give a tru• ar falr vlew of ihe slate of affairs of the Grw and Ctynpany and of their incfyning resources and apP￿Cation of res1)urce5. iTrJuthng they aThJ that wvjd. these finarKlal statements. I TNstees are retywred to.. cserve the methc4ts antj ￿"n¢￿e$ of Charities SORP IFRS 1021.. make judgments arml accounts"n9 eslimates thai ¥e reasonabte * prutsnl., state whether applKable UK AcC￿￿r￿9 Stsndwds {FRS 102) have treon fi)llth¥ed. subied to rnaterial departure5 disclosed and exF4ained in ststernents: prep8re the ffinancial stalemwts on IM going COr￿n bags unless il 18 in8pprtyii•te to that the Group wql e4rllnuo ￿ tyJyJness. The Trustees are re$ponbt• for adew•t¢ record$ that • suffioerf lo show and oxplafft tr Group aryj the C1)rnpan￿$ transacI￿n$ and tjiscthe ilh rgasonabl8 accuracy al •ry lime thè finart¢i Frfjsilion of the Group and tr8 Cofflp￿ arxl enable them to enswe Ihatth• financ4al statements eompty wilh Ihe Companies Acl 2006. They ¥e also reswt48 fry 5afeguar(brvJ Ihe asset$ ol the Group Ihe Cornpany 4nd heno for takin9 reaaon&bkn steps lor Iho we¥eiion aThl ¢ion of Iraud and other irregulawitie& Small comp•nles In Ffeparing this report Ihe directors hav8 len advartage of smal cThnles exempti￿￿ provided bv section 415A of Ccnpwi•s Acl 2(th.

(Acomp•ny 1wnSt￿ ty gu￿￿￿te2) TRUSTEE> REPORT {COPllWIUED FOR THE YEAR ENDED 31 W¢CH 2023 Each d th per￿ tAtho ar• Truskns at thtr time Trust￿. repyt is ap￿￿1 ￿fThIed thot so far a5 that Trust9• ts ￿e. is rK¥ audll ththlch lkna thaitatle 9rouVs au(Jltor Is unaware. and that Tntste• has tak•n all the st8ps that ￿t to have been tak•n as a Trustee in othr to be ware of any rqlwant ￿1￿ in1L￿￿ WKI to establsh twt Il charitailg audi)r Is ¥bvar• of that infomiation. The auditor. Shaw Gibbs {Audrt) Limited. has 1rthj￿ted Ih¢ir iJlingrw to CLMb"nue in offic. The degnated Trustees wll prcfx)se a rnot￿ rwpoKIt¥lg the O￿lItor * a meetiThJ of Trustees. Approved by order oftre membws d the of Truskns sby*J ￿ tWr b8h•K ty. l/L C l O Br•ok¢¥ {Chair of Trustees)

K IAEDICAL TRUST . In wrotitw) ￿ fnancial Statem￿ts. give a trua and tsi¥ wew of Ihe stste ol the Group% and of the para￿ chaiilaL4e companys affairs as at 31 Marth 2023 and ol I1￿ Gr(Np's I￿￿11r￿j reswc8s appkation of re5cyJr¢es. tndudirg ils in(￿le a￿1 expendibjfe the ￿al then endad." have been W0F￿Y pfeparej in xc4X￿ce Lknite(l Kir44Jom Ggwalty Att4pteil Accounutyj have be￿ wep¥8d in acc￿dan￿ TAilh th• wirements of the Comparxes 2LX16 and the Chilies Act2011. 8asl8 for ownlon We conthKted ow audit in accord￿ ith Intema￿l Stsndards ￿ Audibng IUKI {ISAs (UK)) and appli¢able Iwj. (￿r res[￿$1￿1111es undw standath arg further de5(xibed in tr¢ ￿ditor$ rtygponsiblities lor Ihe #udot of the financial statements Sects"¢￿ ol our reporL We are irKJependenl ol tho in accorda1￿ wth tho athtsl fequirements Ihal are rdevant lo ¢JJr aud rf the financial statements in Unrted ￿"￿th)m, indthjing tha Fin￿¢18[ ReF#Xting Councl's Eltrxal Standard. and we have fulmed ryJr olher ethical responsibÈlitles accordance these reqfftmenls. We bel￿ that Ihe •Jdit eNVrtlen￿ w• d)tard is ￿¢fit arMJ 4Jproprnto lo pnJvpJ• a basis for our opini(ffi. Conclusions rnlating to goln9 conc•m •udiling Ihe financi¥l statemgnts, we have ￿u0¢d Ihat the T￿le8S. us¢ of Ihe goiThJ concern basis of accojnting in the pTep[aK￿ of the financMI is apFrynats. 8ased on the we have Ferform8d. nol idenDf*d #ry malerial Ur¢ertaIn￿¢S relating to 8¥ents or conditions thaL iThthldually ¢y colbectivety. casl sw￿lficant on ￿ Group'5 or tho w8nt charitabla ¢ompanls ati1￿lY io ¢onlinLP a5 a g¢rf￿j c(m¢em for a pwtcrfl of at knasl b¥elve months from t#1￿ the fman¢ial sts1￿entS ar¥ athoris¢d fcf issue. Our responsibifflies 8nd resporthliies d the Tnffjlees Mlh le5￿ to gJr#J oyKem we described in the rdevant sethons of this report Page 7

ARK MEDICAL TRLIST (A ¢tywDy limited by guxxrte•l INDEPENDE1￿ AUDITOlfS RWRT TO THE IIEiieERS OF ARK MEOICAL TRUST (CONTINUED) The other InfomalKn oJm&Yises t1￿ Inckthd in the Amual report other than the finanual statèments and our Audit(>rfs report th¢rgyb. Tr TnJste¢$ are resFwsible for the other OifumatN￿ oJntairEd wilhin the Annuol report. Our Opini￿ ￿ tho firwi¢wI atoments dce5 CO¥W the ovw b)fomiatTh and. except to the extent ¢)the￿ise exFAi¢ffjy stated n wr reF￿. w8 (lo not express any f(Ym of as8wJnc• ¢orKIusK)n Ihereon. Our r8$[h)nsi￿"fity Is lo reaj Ihe olher lnforrnal￿ and. in iJrrwJ so. eon5ider wh8ther the other Int￿mation is materially in¢onststent ilh th$ finantyal slatements ty our krny￿edge ca>taird In th9 tsJUW5e of the amlit, or othe￿9 apFears to ￿ matwially ￿sSIa￿a. If w? •kntfy such meri w0yistgnr￿ or apparent material misstalernents. ￿ aro rtquired to deternintr fthether Il¥s gives w to • matwi81 mi$st#temant in the fi￿nCial statement5 themselves. If. based on the Yxk we have condwje that there is a mat￿la1 rnisstatefflgnt ofthis i>llr irrfc¥mal#)n. are lo rwt that lad. We have Tr)thiry in ttis regwd. Oplnlon other maltws pr•suibed byth• Ctypati•s Acl 2 In our cpThon. based on tr wuk urthywraken in the C￿lse of the tho infomation given n thè Trustees. report for the financial yEar for th• T￿￿￿al stat¢m•nts •re prepared is CL￿SL￿Iert ¥￿th the financial statemwts. Mattern on whl¢h wo are r•wl(•d lo by •xc•pl kn the ltyht of kn0v&#￿je and uTrlerstan4kng of the d￿rI13b￿ ctynpary arkj its en%ryronment ctitsin￿ ￿ Ihe cowse of Ihe wdil. we ha￿ noi KleJ)bfvd material misstatements ui the Truslees. rem We ha¥e rntknng to reFqMt in TesFrft of Ihe mat5 In ￿￿tiOn C(Thpanios Ad 2006 requires us to report to )ru if. n our the pafenl Chari1￿8 company has not kept &uate ar￿ wfflK4ent ￿K￿ling recinls. or rq¢ums adequat• for audit have not been reC￿d frryn brarKhes rn)t ￿￿lled by us; or tho parent ¢￿itab￿ C￿panY firMnc¥al ststements a￿ not in agreement wlh Ihe Kxounlng record$ •d retums., we have not receNed au Ihe infcmaliM exFAanations we require for our 8uit the Trustees entilled to prepare tt firw(>al Statem￿ in a¢¢ord•nce wrfh Ihe small compani•s mg and take athtage ol the smal rA¥npwtes' exempkn$ in pRp8rir4 the Trustees, report and

AAK ME1)1￿ TRUST (A ¢omwy linth¢d by gY•Wt¢¢) IPIDEPENOEWT AuNfoR% REPORT TO THE MEMBERS OF AFIK IIEDICAL TRUST ICONT4UED) R•spon8lbllltkn d Inffjl•es As explained more fulty in Its Tntses' resFKxwbdibe5 Stalwneni. the Trttsiees {wfvo are 81so Ihe directors of tr Gharitable ccynpany for the pu￿ ol company law) are reS￿nskn￿ fry the preparatKJn of the finar￿￿￿ slatements and fof b¢NvJ satisfied th thèy give a truè aThJ fair viBw. and for such inlemal control as tho Truslees d•t•miine is n•c8SSary to ¢N3blo th• pr•paraIN￿ d financi81 stalwn￿ that ar• fr08 frorn Mate￿al rThsststemenL dut to frathj cff erycf. In prepwfjng stslements. ts TnJst88s are res￿Sible lor assessirrfJ th• Gmup's the parent charilable companls atslty lo C{￿t￿￿e as a cO￿8m. dth#￿. as aPp￿CabI0. matter5 related lo goirvJ concem and using ts goirrfj conc8m bas6 uns the Tnjslees •llW iniend to I￿uld81e the Grtyp or the parent charitable company ( lo ¢•ast werati￿s, ￿ hab ro r¢ali%tie altwnati¥t but to do so. Audltorfs r•$ponsilWt•s lof th• Of fiMnGial statom￿ts Our ow'ectives afe to obtsin reasonable assLrarKe abryjt ¥selher the financid 8tatcment$ as a whole we free from material misslaemenc k4thelher due to Irwd or err(r. aTrJ to issue an Audilorfs report th8t incJu¢Je8 our opini￿. Reasonat4e as5ur8n¢e is 8 ligh knl of assur￿￿e. is ￿)t a guaraniee tho1 an audil ¢orKkncled in accajrdm wlth ISAS (UK) VAI alvrdys delecl a materfal misslatem￿l 7tten it eyists. MissiatÈmentS ¢8n #rise from fra￿ or error and are cO￿dered malena il. W￿1￿1dU8My or in ihe aggregate. they could ￿sOnabty be •xpoct•J to irlluonc8 Ihe ￿onomIC thci&orts d users cffl the basis of Ihese fift•ntyal stat¢m¢nts. 1rn09tA8rik$, rytuthTrJ frnud. are lnstsnC￿ of n(¥￿p11art• wth la￿ and rwlations. Wa d•s(qn prLK8dures line wlh (￿r ￿$FI￿1b1Ibv$. oumi￿j abrm, to d¢le¢l rnisststwnents in ￿spect of irreguLgr116es, Kluding fraud. The extent to (wr twocalures aro ¢apat40 d dei&tirYJ vrv￿ar11ies. Indu￿1n9 fr8Ltd is delailed t)dovr. We gained an understarKfing of the lega and le9￿alOry frnme4wxk appluble to lh¢ group arbj parent Charitabl c4Jmpanyand the industy in it OP8rates. constdwed Ihe risk of acls bythe gr￿p 8n¢J parent charitablo company ihat contrary lo apF4icable laws wlats"ons. i￿1￿11ng fra￿J. We desigfied fYocduTes lo respond to the risk. re¢¢￿i￿ng that ts risk of nol delectiw a malerial mbstatament ¢Jue to Iraud is hlgher Ihan the risk of rwt detectiivJ one rosuHing frtyn ewrtx. as fraud may irtvdve d¢lRxrate concealment ty. for examFIe. forgery ty intenthona misrowegentsts￿, or thrw oYIu5bCffi. We fcussed on laws regulatt#is c(JJhJ gp48 iise to a maleriaj msstement in Ihe financial statemants. irtthJding, fv)t Irmited to, ts Charilp5 kt 2011. fv Ccnpani•s Act 2006 and UK tax legislatlon. Our tesls induded agre￿g the finartial slat•mMt (sdoswes to urn1erf￿n9 8uwMing dOc￿l￿tal￿ and enquirlgs ith managem8nt. Therg we 1tmita1p￿ in Ihe ￿dtI prc¢gdure5 descrit>4d at¢)ve and. tho further removed nor￿COmpl￿ance arnj reg￿al￿￿ is frcm the 9¥￿ts and transactions reflected in the financial statements. the less I￿ety V• would beccne a¥we ol it. We dKJ not identfy any key auJN matters relating to iff89ul8ribg8, ￿C￿ing fr8LKI. As in audits. also athlressed the iisk ol management o¥errMJe of internal contru15, in¢￿1￿j testry lou￿13 arKI ev01￿lJ￿ Ttthw there was evidence of bias by the Tnjslees that feKesented a risk of material mis5ta8ment du8 to A Iwlhor deSCr￿￿10n of our r8sp)nsNi ib8s for Ihe aiNJit of th• fThncial stalomwts 1$ knatod cn thé Flnan¢sal Repjrbng Couwfs *bgle VS: TIM"s dosuipbtyi foffl￿ part of our udittrs reFk)rL Page 9

ARK MEDICAL TRUST IA company limited by guardntee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ARK MEOICAL TRUST {CONTINUEDI Use of our report This report is made sdety to the charrtable companys members. as a bcty. in acCOrda￿e wth Chapter 3 of Part 16 of the Compan￿$ Act 20(￿. to the charitable ccnpanls trustees. as a body, Pwt 4 of the Charf(ies {Accounls and Reports) Reguktions 2(X)8. Our audit work has been undertaken so that we might sle to the charilabk company's members those matters ¥￿ are required to state lo them in an Auditor's report and for no other purpose To the fulkst extent pemrtted by law. V￿ do ncrt accept or assume ￿pOnSIbIl￿ to anyone other than the charitable company and its membeis. as a b(￿. for our audit work, for this report. or for the opinions we have fornied. iyi . Mark Dickinson FCA (Senior statutory audito for and on behalf of Shaw Gibbs (Audit) Limited Slatulory Auditor Wey Court Wesl Union Road Famham Surrey GU9 7PT Date.. ?3 1 , looza Page 10

ARK MEDIWTRLIST lirntted by gu•rkne) CONSOUDATED STATEMENT OF FINANCIAL ACTMTES IINCORPORATIMG INCOME AND EXPENDITURE ACCOUND POR THE YEAR ENDED 31 MfvACH 2023 Total 2023 2023 2023 2022 Incom from: 1.220.204 1320.204 1.266,2OJ 15 3.928 Inveslm•nts other incoffle 25.693 Totsl incomo 1241897 1.246.257 1.2fO.152 Expènd￿￿￿• on: Raisin9 funds C1￿11table acti￿￿e$ 1229.687 312 1.229,687 312 910.754 Totsl •xpèndltw• 1229.*99 1.229.999 911,144 N•t mo¥om•nÈ In fmds 15.89a 16.258 359.L Reconclllation otfunds: Tolal fvrbjs bmught forward Nrt movement in 427ffj356 15,098 $3,123 4,333A79 1025B 3,974.471 359.CQ8 4.28Q254 4.349,737 4.333.479 The Consdldated stal6mont of financial act¥ilM indudes all gairts aThl losses reCryNS￿ In Ihe ￿aT. Ttrte notss on pag•s 17 to 35 fwm part of theso fxw¢ial slatfjmonts. Pw11

{Acompary limited ty gu•rnntsel REGtsT8IED MLIIIBER: 02970100 CONSOLIDATED BALANCE SHEET AS AT 31 IAARCH 2023 20 2022 Flx•d Tangth assets 12 3J30.0 3.37qao4 Stocks 14 13,427 979 1,02&741 10.520 15 Ca9h at tsik and in har•J 1.050,050 1.¢796,147 1,094. 135 Crnthtors: falhig du• *Tlhii 16 (Th490} 1137,4eo? Net cwrent ass•ts 1,019.657 95&675 Tot41 not as$•ts 4,349,n7 4.333,479 Cha￿ty￿ndS ReS￿thd fvnds Unr¢slri¢ted fuThJ$ 17 17 61123 4.270.356 4280354 Total fvnds 4349.n7 4.333.479 Paga 12

&•JIK IIEDICAL TRUST IA ¢•ny Ilmtted by guafant•el REGISTERED MUM8ER: 0297081KI CONSO￿ATED 8ALANCE SHEET ICONTIMUED AS AT 31 IIARCH 2023 ciwnlrg record$ prpar•tiM d fin•Thl slmgnls. The fifi￿¥1 statem•nts ha￿ t¥wn p[W￿ed n xcorfance wih Its pr￿l¢m)S to entlies subioct to the small ¢ompanies regime. C l O Brnok¢s (Chairof Truste•sl IICDR (rrnsto•l Date: The noles on pages 17 10 3S ftwrn part (4 thes0 ItnwKia stat￿*[￿. Page 13

ARK MEDICAL TRUST (A ¢wnp•ny tim11￿ by 9uarnnt••l REGISTERED NUMBER: 02970000 COlJlPANY BALW4CE SHEET AS AT 31 MARCH 2023 2022 Flx•d ass•ts T￿1￿10 assets 12 12.870 223.901 12.870 4.202.292 13 4236.771 4.21S162 Cuff•rt ass•ts Debtors Ce8h al bank aThJ in haThJ 15 37.fAD 75.356 75.308 11U96 178,348 Creditcys: am(￿tsI￿li￿ due Wthithin t ar 16 N•t ¢wr•nt •sMts 112.966 118.318 Total net 4y•ts 4349.737 4.333.480 Charity funds R¢$trKlgd funds Unrestricted funds 17 17 63A83 4986254 63,123 4,270.357 Total funds 4.349.737 4.333,480 The Compwys nei mo¥enwnt In fijxls for ￿art￿a$ £16,257 (2022. £359.(KJ8). P•ye 14

IA¢ompany link¢d by gu•r•nt¢e} REGISTERED NUMBER: 02970100 COMPMIY BAL￿ICE SHEET qCONTINueDI AS AT 31 MARCH 2023 The Trustees ackr¥)hle respJnst#lili&s fr vAh the rwirements of the Act with respect to acc￿n1•n9 r¢oJrd$ ￿ W•parat•￿ of f￿￿141 Stslfjmwts. the srnam cornpan￿ regTh. Th¥ f￿•￿￿•1 st0tsm￿ts re ond autrw%is¢d for Is$￿ by Ihe TnJsle•s and signed on their behaff by.. /CA C l O Brookes Ichair of Trustees) R¢berts (Tntse} 21 The rths pw 17 to 35 Fort Lrfthese slatemwts. Pag8 15

ARK TRUST (A ¢omp•ny Ilmtted by CONSOLIDATED STATEMÉNT OF CASH FLOWS FOR THE YEAR EMDED 31 MARCH 2023 2023 2022 Net cash usgj in O￿atir@ a(Xi¥ 19.794 5(Xl.666 Cash flows from Inv•iiNJ adl¥lls Interest re¢ivable 115J (23.605J Purchas6 of tangiNe rtsj asse¢s 143.743) N•t cash us•d In Inv•s1iTrJ athili•s {44.103) 123.6201 N•t Cash provldeo by Iln•iK*•y athltl•s Charyie In ¢8sh and Msh •qulvalenis Ir• the y•¥ Cash and cash ￿l¥alentS at the of the 124.309) 1.050.050 477.046 5T3.004 Cash and cash equlvalonts at the end of th• 1.025,741 1.0S0.Q The notes on pages 17 ty) 35 1￿M cl Ihese finwKial Slathents P&Je 16

ARK MEDICAL TRUST (A compwry Ilmiled by g4W￿) NOTES TO THE FWXCWL STATEMENTS FOR ThE YEAR EMDEO 31 IAARCH 2023 G¢th•rnl lrfomwtion Ark Pledtcal Trus( is a piivale company limited by 9￿arart￿ Tr members of thè Comparry am th• Trusl88s narn&J on page 1. In Ihe event of CcThpany b•ir•J vwnd up. the fra￿lty in ￿SpeCt ol the gu8rarte8 is lkniled to £1 pw membw. The Company is incorp¢Yated EtYJlarnJ & wal￿ and its re9iStered offK• address 15 Vthia 39 WinchèslÈr Street Boswoke. Harnpshit. RG21 1EQ. A¢counling pollcl•s 2.1 Basls of preplrntion ollln•n¢lal •la•m•nts The financid ststements ha￿ b88n prep¥ed In aCCorts￿e Tp41th Ihe Chaiiii8s SORP IFRS 102) - untsng aid Roportiro tty Chaths: Statamwth of Re¢omm•nded F¥actice applicable to charfties pr¢p•rin9 they acLounts in %eordanc8 Finlncid R•portry Standard appluble in the UK and Rtpubk of Iraland (FRS 1021 (eff8eti￿ 1 January X1191. thè Fin8rKial ReporbrvJ s￿dard ap￿1¢able In ts UK and of1rnkn1 IFRS 1021 aTh1 C￿par￿•S ALI 2006. Medical Trust meets the defilti￿ of a ben¢fft ￿tity FRS 102. Assets and liablities ¥rg initi¥ly r8eognis•d ot hist￿1 ¢ost or tranSadI￿ vak• unlos$ olh￿•Se slated kn Ihe ￿leVant arxwnling ￿1￿. The Consdwjated stat￿ent of fwwcral xl¥its5 (SOFA) arKI C(xwlhJated balance sh88t consolidate Ihe fin•n¢ial statsmenls rA Comwy oThJ it8 8ubs•58ry undertaking. The results of Ihe subsidiary affe C￿S(4￿1a1ed on a by fne basis. Th¢ COMFWI has taken athrnntage of the exem￿1C￿b afThRd secifion 4Ck8 of the Crynpanl•s Act 20C6 and has not presented its oY4n Statement of ffinanci￿ acbvitss in these financial stemenl¥. 12 bKome Al ¥Komè 15 recogF¥sed On￿ the ha5 en1ille￿ to ttE is lh Ihe balanc8 of inrxwne ￿￿ed kn 5peofjc PUFP05es bul not expended dwing the pernd is shthvTr in I relevant funds ￿ the Balar￿ SW Where wKome is (￿e[￿ed kn advaTr￿ ol enttlement of fe¢glt. its re¢tr3nilron Ls deferred #Thj in fledith as deferred w￿0m￿. Wlwe On￿￿ent ocvjws Othgr Is rewrfed In the perkxl is rerAwaN8 and exw tl goods h8¥e siwed thJrir4 >w. excktsr4* ofV4ue Ad￿￿ Tax •)d trade dls¢cwls. P•Jo 17

IK MEOICAL TRUST (Acgrnpany lknh•d by 94MraThl••) NOTES TO THÉ FWAIICK STATEIIJEKrs FOR THE YEAR EMDED 31 IAARCH Z023 A¢¢ounllng palki•$ l¢tyiilnwdJ 2.3 Expend#u to a third paty. it 15 wc&ot4e that a trw$fer of ecortsmi¢ benefts YAII be roquThJ w) settlomgnt and the amount of the ￿rgot10n ¢w b• mea5ur•d rgliabty. Exp¢ThMurn is classifi8d by actmty. The cost8 ol èach athty are m•Y• up of trE tol al th.red Costs and shar8d (J)sts. inc1￿j1ng support cosis involved in undertakirwJ ￿1b￿ty. DiFe¢i costs atributsble to a sr(48 athty èr6 allocatad direcoy to that actmty. Shared costs ¢￿In￿￿te to more Ihan cne aciivity and swjport Gosts whlch are not attritrNjtab￿ to a single acb¥ity are appwboned beh¥een I1￿se acbmbes on a basis ￿InsIStent wrth the use of ￿￿re¢s. Cenlra staff ¢osts ¥e abcatsd M th• basis ol timg spont. ¥nd depreciation Exp¢nditurt on raisiny funds irK4udes dl axFerbJiiwe iwrred by th• Group to raise fund$ for lis charilaUe pwposes and costs of all fvndraw a&1￿11•5 •v•nts and Mnharitsble tradin9. ExpeTrJituTe on th4ra￿ 8¢1ibilJ'es is on Oirecly uThJertakry tr ath"Vrt￿S thich ￿rIhoT the Growj's objectives. as well &5 arri associaled supM cc6ts. 2.4 Governm•n¢ grants Grants are accojntod underthe ac¢xuals M￿je1 as pemthd by FRS 102. Grants of a revenue naknre ar• rwosed in the s¢aleM￿ of AC￿￿1￿5 in same priod •$ ts rdated e￿nd￿￿Te. 15 Tangthh Ilxed ass•ts and deP￿la11•n Tangbh r￿ed assets coslitvj £250 or mrffe ar• capitalus•d rwiised luiure ecoTh)m Tafigi￿e fixed assets are Initiaty recr%Jdsed at After rectsJntbon. und8r the cost model. tangl fixed assets are measured at cost less a¢¢￿n￿led doweci8tiM •7d •ny a￿uMulated impalment losses. All costs incwred to bTirvJ a tangit40 fix8d a5S0t into its inteThYed orkin9 should ba Ind￿￿ed in th6 m8aswemenl of c£6L A review fcr Thpairment of a fixed asset 15 c¥rd rfelents ty dwrg8s in (ircumstsnces irKcate that the value of arry fix￿ asset may not be recobwable. ff ind1￿1￿)n exists. t r•coverablo 8m(Aml d tho asset is dkn4ned lo ba the h3hor ol ils fair vthe loss Costs to sdl arm vak in us•. An impaThwrt ltsss is r8cwIs￿ Ththere Ihe wing aM04￿t exceedy the re¢overable amount D8pr9aod￿ $ ¢trwg8d so 0$ to c¥te the cogt of IS￿ble fix￿1 assets less thair residual valua . c￿ 88 Yea￿ on a str8i9htlir basig 18

ARK MEDIW TRUST (A¢ortyry Ilmited by guaran1••) MOTES TO THE FINANCIAL STATEIAENTS FOR ThÉ YEAR ENDED 31 IIARCH 2023 Ate¢unthw polkles (¢onlinwd 16 Inv•slm•nts N•strnerts •) sutisnslales are ¥u&l at cosl less ft>rlmpainnent. 2.7 Slocks Sktks arn al lh• ky•r of cost and n•t r￿lsatIO vah after making allow￿￿ for ob5dete and s10￿mOV¥#j stc(s. Cost nc4udes al o)sts an at¢vopriale proportion ol fixed At each rewtiry date. st¢x4(s are ￿eSSed for tynpawrnent. The inwawmenl loss is recognised Immwjlatstyln Pfcfft or loss. 18 Dobto Trade and other d•trt￿s e recc¥Jni%ed at the setttement ￿lo￿nt aft8r aiy tr>Se discount ¢)ffered. Prepa￿ents are valued at the wepaid net olww tr&Je dtswJnts due. 19 Cash at bank and In hand Cash * ba￿( and In hand arKI St￿ Iyid investinents a shcrt maijrlty ofthw months ar l•ss Iren the dale d ¥qukgtion or orAr¥ThJ of the deFJYt ry syrdlar a¢c¢unt. 2.10 Liabllltl•s •nd y•vlslon$ Liabl￿￿5 we theTB is at the Ba0￿e sheet dale as a fesuh 01 a past event, it is prcè&Ae that a transfer of eo)nrynt wll be requkgj in selllemenL aTrJ Ihe an￿nt of the settiem8nt can ￿ estimated r￿Ab￿. Lthlths are rece￿Ised al ¥M￿nI that th& C¢mp•vy e4Mtipates it ￿711 rAy to sattle the d&bt er t it has r￿￿ed a$ a0a￿ed payinents for the 9xrf15 or serts il m￿1 provltte. are m8asur•d at the b85t •sl¥n•te of tr am￿ts rwBir•d lo s¢tNe Ihe obligalion. Wh8rn the aff8cI of the lffne valuè of morw 15 m•leTrl. is based ¢)n Iho present valu8 of thos• am(#Jnts. discwnted at the we4ax rats that reftecls Ihe risks speckn to Ihe liabillty. The u￿7ndIng of Ihe di5cc•Jnl rec(wk￿￿ in th& CorL8didd swemfjnt of acliMb8s as a 2.11 Fin•nu•l inlNm•nts Tfr Gr￿p only has financial assets aThJ finarrial liabil￿S of a khd that q￿lty as bas1¢ finandal in51Fwnents. Basc instrwnents ar¢ htialty r¢ets3nis•d at trarw1i￿ value arnl subsequently measwed at their sat118m￿l value ith ts excty1￿ of barth lo￿ 7*thich are subsequenty meosttyeo ot ¥mo15$4d cost usiNJ the offxtsvo intsrest metr￿. 2.12 Oporatlng l¢aws Rw#al$ p8id urKler wrnting lèases are etr￿¢d to the C￿￿0￿da1￿￿ statement of finaM481 aclivithe¥ on a straght4ine basis over Ihe lease tom. Page19

(A Ilmlled by gu•ankn) NOTES TO THE FWANCLAL STATEAIElffS FOR THE YEAR ENDED 31 IAARCH 2023 Paountlng l¢ortlhuedl 2.13Penslong Tho Grcwp 0￿rS a def¥wJ pBnsw scheme the pen$lon charge represents the amoLthts poy8tle tythg l>ow) kn the fLNxI ye. 2.14 Fund accounllng funds we unr8strTrted fuThJs are avadatrfe Icff use at the discretion ol lh8 Trustees In fvrtherm of the obieL¥ts ol Group •nd wlwth havg Th)t designated olhBr donors ¢% have been ralsed by the Gr￿P for pati¢)Jlar Fwrpow. Tho costs of raislng a admnisteriry SLK fvnds ckn¥ged •3ainst the spegk fvnd. Th¢ alm and use of ¢a¢h restrictod ftmd is sot out n the notOS to finwcd statwnwts.

(A ¢ompany Ilmlted by gumnl••) 14OTES TO THE FINANCLAL STATEIAENrs FOR THE YEAR ENDED 31 MARCH 20ZJ Tolal nds 2022 2023 1.220.204 1320204 1,264209 Toto12022 1.266.2tr) 1,266.209 In¥*stm•nl In¢me Total nd5 ZOZ3 Total fvnds 2022 2•23 Intgresl rnC4Ned 15 Tow 2022 15 15 T•tsl 2022 25.693 2S.693 3.928 rotsl 2022 1928 3.928 Pryg 21

ARK MEDICAL TRUST (A￿MpanY Ilmil￿ by gu•rnniee) NOTES TO THE FIWAIICIAL STATEMEIITS FOR THE YEAR ENDED 31 WIICH 2023 Expendhure on rnlslng fvnds Tola o¥wthJrtLff8 on raisry fu￿ts TKdS £1.229.687 {2022: £910.754) as detaled bel￿*. Cogts of ralslng voluntary In¢tyD• Tolal nds 2•23 fvnds 2022 2023 20LI Cosls of raisiro ftw Fundral¥lng lrndlng exp•ns•$ T4)ial Tolal funds 2023 2023 2022 1.139.107 1.139,107 89.680 798,634 111,620 1228.787 1228.787 910.254 TON 2022 910,254 91Q.254 P&38 22

ARK MEDICAL TRUST lkntted by guw•rt•e) MOTES TO THE FW4I4CIAL STATEMENTS FOR THE YEAR EMDEO 31 IAARCH 2023 Sunmnwy by fund type nd6 20 Totsl rot•1 2022 Genwal fund 312 312 Tot812022 390 Tot•1 funds 2022 2023 2023 312 312 Tote12022 390 2022 Fees payot4e lo thg C¢Ynpws authhxft tho aKI* of amual a¢¢ourts 5,120 5,555 Fees payable to th• c￿an￿$ wdilcK ift rgvct th. Audit of the subsidiary a￿nts Al r￿n4udit sgr¥ic8s rM)t abo¥e 6.5fS 4370 Tho iot•l foas payaNe to th• a￿j￿waS £11180 (2022: £11,605).

ARK MEDKAL Trusr IAcThany lirniled by guwafrt••l IIOTES TO THE F111411CIAL STATEPJENTS FOR THE YEAR ENDED 31 IIARCH 2023 10. Grnup Z022 2fj23 Wagos and salaii•s So¢ial seciwty costs 352.688 33.889 6.723 324386 27, 138 757 393,300 361.281 Group 2023 2032 Ernployees 14 13 twmbgr ol G(oup T•h)se (?xthJthThJ p￿lon costs) exued¢d £60,000 was: Group 2022 In ts b¥#1 £70.001 . WJ.IxK) In the band £80.0)1- Th1.C Companytsd O wnpltsyxs (2022. 0 Pagfr 24

IA comp¥y limll•d by gu•ranteel NOTES TO THE FWKIAL STATEMENTS FOR YHE YEAR EMOED 31 MARCH 2023 11. )wr. rn T￿L￿tee$ recwve(I r•nwn8rakn or other tse￿rts (2022. £NIL). thJrw¥ lh• swend•d 31 20Z3. M Truste• tren in￿rr￿[ (2022. £NIU. 12. T•￿10 flx•d *ssa¢s Group Lory4erm Pla T¢)tal Cost or ¥•￿￿u0Th At 1 P4Jril 2022 Addilions 4,403,•85 1.597.483 43.743 1101.0891 0,001.308 43.743 {101.089) At 31 Marth 20ZJ 4.403.US 1.540.137 5.944.022 At 1 Aprfl Charg8 fwthe y On disFK)sals 1.209.846 38.935 1N14.71B 2.624.564 89.668 (100.290) 1100250) At 31 March 2023 1248.782 IA64180 2.613.942 N•t baok valu• At 31 2023 115S103 17497T 3.330,080 Al 31 Alath 2022 3. 194.039 182.765 3.316.804

AAK MEDICAL TRUST (Awwny Ilmked by qu•rnnte•) NOTES TO TrE FW•4CIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2023 12. T4nglble Ilx•d •ss•ts {contknu8d) Comp•thy frtiln9s & 04ulpment Costorvaluallon At 1 April 2022 13,350 At 31 Mar¢h 2023 13,350 D•preelatlon At 1 Aprl 2022 At 31 March 2023 14ot book v*• At 31 March 2023 12070 At31 •Aa￿h 2022 12.8TO £12.870 of tha assets are arfr4vk $0 we de￿￿￿ed ￿ aCcCwd￿ wtih thé c4ynpan￿$ acCou￿n9 p￿cy.

ARK MeDKAL TrUST (Acorybxry Ilrnlt￿ by guarwth¢) NOTES TO THE F•4ANCIAL STATEMEiirs FOR THE YEAR ENDED 31 IAARCH 2023 13. Flx•d ass•t Investsrnnts Group In subsldlary company At i 2022 5.n3.969 At 31 Maffjh 2023 5,n3.969 Impakn*nl At 1 Aprl 2022 1.$31,677 (21.609) At 31 IA¥rth 2023 1.510.068 N•t b•ok v At 31 M8r¢h 2023 4223JD1 At 31 Marth 2022 4.202.292 UMW. Pag¢ 27

IK MEDICAL TRUST (A compary Ilmlted by g¢wante•) NOTES TO THE FINJIC￿L STATEMENTS FOP TME YEAR ENDED 31 MARCH 2023 13. Flxed a￿•t In￿sIM¥￿ (conlKKd) PrMal $tsbsldlwl•s The wa$ a svbsrfliary rfthe crynp￿￿. Compary Reolstsred •ffice or prwKlpal fvinclpal actlvlty Th¢ Ath cOnfw￿ 03683701 Din4w)cth thlve. 8aslrwJstse. ProvisiM of a facilty Llmitsd H•mpshr¢. RG24 Conferw￿lng and trainirnJ In Ihe fithl of morj￿8 Class of Holdlng Includ￿ In ¢onsolldatlon 100% Yes Thg finandal resuts ofth• yJbsklFaryfortr ve: NaTn¥ Ine•m• E¥p•ndllurn Profit for N•t assots the yeaf 1250397 11328,781 21.609 42491M 14. PAo¢k• Group 2Q23 2022 Finuryhed grds a￿1 gc*)ds kn res 13.427 10.520 Pw28

(A¢ompany I￿¢¢￿ ty 9iianl¢•) NOTES TOTHE FINAIICIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCM 2023 Group 2023 GnKw Crynpny Company 2022 2123 2022 Du•wlthln on• y Trade debtors Othef delAors P￿pa>￿ents and actrued incon 10.386 1512 31205 18.4iX) 79 33.565 16. ¢r•dStows: kn￿Unts falllng the Tlthln one y Group Group Cr•rnpany Company 2022 23 2022 Trade ¢>edlltys 24170 •.291 31.931 4016 Olhercrethl 42.721 96.223 137.460

JIK AIEDICAL TRUST (A ¢ompw Ilmltad by guar￿1 IIOTES TO THE FINANCIAL STATEhlEirrs FOR THE YEAR ENDED 31 MARCH 2023 17. Balan¢¢ •t 31 March 2023 2022 InG(wne Exp•ndltu Vnrestrl¢¢ed funds Reservas 427(lJ56 1245.897 11229J99} 4.286254 R•strl¢t•d funds Trainiw lund 63.123 63,483 T¢tsl of fvnds 4333.479 1246.257 11,229,9991 4.349.737 Pago 30

PAEDICAL TrUST (A compw l•nited by gu•T•nttt) NOTES TO DE F￿AN￿ STATEAIEKrs FOR THE YEAR ENDED 31 MARCH 2023 17. St•tement of lundg Icortinued) Stal•m•nl ￿fvrtds. pri•r y•¥ Balance at 37 IA8fch 2022 Balance al UnreslrKl¢d funds 3,910,863 1.270.137 (910.644) 4,270,356 R•strktsd funds Training fwvj Basmwsknke Breast Cartcer s8ffth* grrKIp 63.108 15 63.123 f500) 15 (5CQ) 81123 Totsl Of lurtds 3.974.471 1.270.152 1911.144) 4.333.479 l& SUMM￿Of￿nd# 8alanr? at 31 March 2023 nc•at1 Ge￿[￿1 furmjs Restricted lunds 4270.3S6 1,245.897 11.229.999) 4.286254 fa.123 63.483 333.479 12W257 {1329.￿> 4.349.737 Pw31

ARK TrUST (A¢•npww limlled by NOTES TO FIl4￿4C1AL STATEMENTS FOR THE YEAR E1x￿o 31 MARCH 2023 18. Summary of funds {eonllnued Sufflm•ry ot lurrfls- prlor Balanc8 al 31 March 2022 Gener81 funds Reslrlcl￿ frjnds 3.910.863 1.270.137 15 10.644) 4.270.35S (500) 63,123 3.974.471 1.270.152 (911, 144) 4.333,479 Tr•ning fvNJ- d￿alityb was gi¥tn to Trust frcrn an ex-pati￿1 of one of th¢ Twst¢¢s to be used Ihe ad￿nC￿l￿t rA ￿ucatiOn. BaslrrfJstrJke Brnasi Cmr Se1￿help wup . A m wa5 m•Je by Testrj Bags of Halp to support the meetyos of this group. 19. knaty¥ls QI Mt ass•t¥ funds alysk •f n¢1 •SGeis b•tweeft lunds. ¢urv•nt y• Rtstrided luftds Total fvnds 2023 2023 TaNJibl• fixÈd 8ssels 3.3x1.080 1.032.664 (76.4YJ) 3.330.080 63.483 1,M.147 (76,4901 Creditors dua ¥&illn one 4.286.254 63.483 4.349.737 Anatysls rf not •ss•ts tjelween funds. pilor > UnrestrKt•d Reslricl Tol* lunds 2022 2022 2022 Tawble ftxed assets Current assets 3,376.804 1.031,012 (137,4￿} 3,376.804 1,094. 135 (137.460) 63.123 Total 4.270.356 63, 123 4,333,479

ARK TRUST (A¢tywny lim￿ by gU￿nte¢l NOTES TOTHE FINANCIAL STATEPAEMTS FIIR ThE YEJA EMOED 31 2023 19. Anatysls (4n•l •uots b•t•n lunds {eontln¥•dJ Free reserves ¥e fv omow of furts that Ihe Ctrwity hobjs at the end of the r9FJtuig after makin9 aNow8nco kx any r•strthd f￿H18. dosv￿atr￿ fvr#ts the ¢8tT)ing amounl of fixed assets 2022 4349.n7 (63J831 4,333.479 (63,123) Designated ￿Se￿o$ Net I￿k Va￿ of frA￿ ass8ts 13.330,080) Q,376.804J 956,174 893.$52 21. R•conciliation of not mov•m•nt kn funds to cash Ilow lrnm opernling adivltles Group 2022 Net Inc(Yn8 ftthe >w{as pw Ststemwt of FinKAI Mr4tssl 16250 359,1k)8 Adjustfflentsfor. tyewecfalion cttarges 111.623 Is Loss on disposal of Itxed assets DocrèasÈll¥icrnase) in stocks D¢¢r88S￿l￿¢r•8s*I in d¢bbxs knNeasfjlldeueas8) In cndtws 799 11907) (23,414} (M.970) (f,6T3J (T.961J 39,654 Mel ¢ash P￿￿￿ed by op•rnllw a¢llvlli 19.794 5CQ,666

ARK MEDI￿ TRUST (A¢•nwny by guarnDt•¢) NOTES TO TIE FINJ4CIAL STATEIIENTS FOR THE YEAR ENDED 31 MARCH 2023 Analysls of Cash ¢asls a¢YM￿1•nts Gmup 2022 Cash in harrtl 1025.741 1.050.050 Total u$h d ￿￿h equhal••ts 1.02&741 1.050.050 a￿¥5 of Eh•nges In net deot At 31 March 2023 C8sh al bank and kn haNJ 1.050.050 124J•91 1,025.741 1,050.OSO 124W) 1.024741 Pty• 34

IK MEDICAL TRUST {A Ilmil•d by gu••tw) 140TES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2023 Penslon commStm•nts The Gr(wJp operates a dofmed rthtriixjlions p￿$￿1 sdme. Ttt8 assets of the stheme aro held separataly from Ilw of in an NVJepend￿1ty administered The pens#)n cost charg8 represents contrutions payat4e by the Group to the fur•J aThJ arn￿ted to £6,723 (2022 - £5.757). ConthbLAJns lolallry £1.￿ (2022- £12891 wère payabl8 to Ihe fvnd at th8 feporbng date. At 31 kl¥ch 2023 ts Grojp had ojnmttrwts kn mak• fuknr8 mirdmum lease paywts undw r¥J Group 2023 2022 Not taterth8n 1 ￿ar Lwthan 1 ￿ar and Tr)t laterthan 5 11.108 3,n11 15.871 14.809 14.809 30.680 26. DuriThJ th• ￿ar the Company in¢uff•J n)¢wn hirn charggs ffi t￿￿1[ of cAher (￿tsaI￿9 of £5.400 12022,. £2.760> fr¢rn its subsmliary. Th¢ Ark Conf8rnrt¢ Centre Lwn*ed. A the )tar end Ihe Company had prepaid for rcon hire totsllry £37.64012022.. £43.040). Page 35