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2025-06-30-accounts

REGISTERED COMPANY NUMBER: 03171090 (England and Wales) REGISTERED CHARITY NUMBER: 1053720

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 June 2025

for

OCKENDEN INTERNATIONAL

Knox Cropper LLP Chartered Accountants 153 -155 London Road Hemel Hempstead Hertfordshire HP3 9SQ

OCKENDEN INTERNATIONAL

Contents of the Financial Statements for the Year Ended 30 June 2025

Page Report of the Trustees 1 to 4 Independent Examiner's Report 5 Statement of Financial Activities 6 Balance Sheet 7 to 8 Notes to the Financial Statements 9 to 15

OCKENDEN INTERNATIONAL (REGISTERED NUMBER: 03171090)

Report of the Trustees for the Year Ended 30 June 2025

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 30 June 2025. 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

Objectives and aims

Ockenden International works to support refugees, displaced people and their host communities as well as those returning from where they had fled with a view to facilitating the self-reliance of these groups and their communities. Ockenden International believes that all refugees and displaced people have a right to live with dignity and to be supported in seeking to achieve self-reliance.

Whilst historically, Ockenden International and its predecessor, the Ockenden Venture, worked overseas and in the UK, Ockenden International has, since 2008, operated solely as a grant-making charity.

Through its grant-making activities, the key aims of Ockenden International are:

¢ To ensure that those affected by displacement have the opportunity to fulfil their potential and that displacement is not a barrier to achieving this

¢ To support projects that help people to overcome dependency on short-term aid

Public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.

Ockenden International's grant making activity is based on funding the Ockenden International Prizes.

Page 1

OCKENDEN INTERNATIONAL (REGISTERED NUMBER: 03171090)

Report of the Trustees for the Year Ended 30 June 2025

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

  1. The Ockenden International Prizes

Ockenden International Prizes reward innovative and successful projects by organisations working to provide sustainable self-reliance directly benefitting refugees and/or displaced people and/or asylum-seekers.

In this year, the 13th annual open competition, Ockenden International launched a new prize - for projects advancing the self-reliance of refugees and/or asylum-seekers living in the United Kingdom- in addition to the other four prizes which were open to projects or programmes focused on displaced people and/or refugee self-reliance anywhere in the world.

The 2025 prizes received a record 194 entries from 45 countries submitted for consideration for the five £25,000 cash prizes.

The judging process consisted of four stages:

« an internal compliance process to ensure all entries adhered to the 2025 entry rules

« identification of the entered projects eligible for the new UK Prize

« the entries, including entry forms and abbreviated financial documents, were reviewed by four Ockenden Trustees, who drew up a shortlist of three UK and nine global entries for consideration by an independent judging panel, all of whom are experts in their chosen field. The trustees also considered whether the organisations who had entered were suitable winners of charity funds « each member of this year's 10-person judging panel of the 12 finalists was provided with a full set of the shortlisted entries - including due diligence reports, the finalists’ submissions, registration certificates from their relevant local or national governing bodies, project accounts and references from two independent referees - in mid-February 2025, to enable them to review the entries before the panel gathered in a hybrid meeting (two judges attended remotely) in The Forum at The Frontline Club, Paddington on Tuesday 18 March 2025 for final deliberations and decisions, with the winners of the 2025 Ockenden International Prizes announced on Friday 28 March 2025.

The five winning projects in the 2025 contest came from Lebanon, Malaysia, Malawi, Mexico and the United Kingdom.

Each winner was awarded £25,000, rewarding - and recognising - their success in advancing self-reliance among displaced persons.

The 2025 winners and their projects:

Alsama Project, UK, for its ‘Secondary Education Institute’ in Lebanon's capital Beirut's Shatila and Bourj el-Barajneh Refugee Camps.

Asylum Access, Malaysia, for its ‘Employment Dispute Program for Refugees in Malaysia’.

Let's Be Transformed (MAGUFINA), Malawi's ‘Transforming Lives Through Technology: Mobile Phone Repair Training and Enterprise Development Program for Refugees with Disabilities in Dzaleka Refugee Camp".

Nest Global, Mexico, for its Tijuana-based scheme: ‘Empowering Asylum-Seeking Families through Early Childhood Education a nd Holistic Support’.

Happy Baby Community, UK, the inaugural winner of the UK Prize for its ‘Starting Well’ project in London (and Crawley, Surrey).

Each winner must use the prize money to help refugees and/or displaced persons in need in accordance with English charity law.

The 2025 independent judging panel:

* Michael Buerk (Chair), broadcaster

¢ Dr Dawn Chatty, Emerita Professor of Anthropology and Forced Migration; former Director of the Refugee Studies Centre, Oxford and Emeritus Fellow, St Cross College.

« Dr Georgia Cole, Chancellor's Fellow at the University of Edinburgh. Former Joyce Pearce Junior Research Fellow, Refugee Studies Centre/LMH, Oxford.

Page 2

OCKENDEN INTERNATIONAL (REGISTERED NUMBER: 03171090)

Report of the Trustees for the Year Ended 30 June 2025

« Dame Frances Lannon, former Principal and Honorary Fellow of Lady Margaret Hall (LMH), University of Oxford.

¢ Mr Mike Wooldridge, OBE, former BBC Foreign Correspondent.

Ockenden International trustee Mr James Beale acted in an advisory capacity.

Ockenden will award its 14th annual prizes in March 2026. The call for entries, which included the new prize for projects advancing the self-reliance of refugees and/or asylum-seekers living in the UK, was made on Monday 1 September 2025 with a three-month deadline for submissions, which closed at midnight (GMT) on Sunday 30 November 2025.

Further details of Ockenden’s work can be found on its website www.ockendenprizes.org.

FINANCIAL REVIEW

Financial position

A Statement of Financial Activities is included on page 6.

There was a deficit of funds of £9,261 (2024: surplus £295,243). Gross income for the year was £79,650 (2024: £326,762). Voluntary income sources represented £2,771 (2024: £248,439 which included a legacy of £219,650). A further £76,879 (2023: £78,323) was earned from investments.

All funds now held are unrestricted and at 30 June 2025 these amounted to £3,146,411 (2024: £3,155,672).

Investment policy and objectives

Ockenden's investments are held in a combination of investments managed by Rathbones, comprising equities, fixed income and alternative investments, and cash. The equities fund does not invest in companies whose products are associated with the arms industry.

Reserves policy

Ockenden's free reserves stand at £3,146,411 (2024: £3,155,672). It is the Trustees current policy to fund spending from earnings from financial investments, along with donations and legacy income whilst, insofar as is possible, retaining the value of the sum invested. This is to ensure that Ockenden will have sufficient funding to fulfil the long term plans in respect of the annual prize.

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that Ockenden has adequate resources to meet any commitments and sustain a comparable level of activity for at least the next twelve months from the approval of the financial statements, and therefore the financial statements have been prepared on the going concern basis.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

Ockenden International is a company limited by guarantee, as defined by the companies Act 2006, and a registered charity. Its governing document is its Articles of Association, which provide for a Board of Trustees (the directors of the company) who are also the members of the company for the purposes of company law.

The Board of Trustees have ultimate responsibility for the management and administration of the charity. The Board comprises of not fewer than 3 and not more than 10 persons. The Board has the power to appoint additional trustees and seeks to ensure there is an appropriate mix of skills and experience on the Board when exercising that power.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03171090 (England and Wales)

Registered Charity number 1053720

Page 3

OCKENDEN INTERNATIONAL (REGISTERED NUMBER: 03171090}

Report of the Trustees for the Year Ended 30 June 2025

Registered office Third Floor 20 Old Bailey London EC4M 7AN Trustees J P Beale JM Ingham K McConnachie S M Omollo VE Ray Independent Examiner Stephen Anderson FCCA Knox Cropper LLP Chartered Accountants 153 -155 London Road Hemel Hempstead Hertfordshire HP3 9SQ

Approved by order of the board of trustees on 18 February 2026 and signed on its behalf by:

JM Ingham - Trustee

Page 4

Independent Examiner's Report to the Trustees of

Ockenden International

Independent examiner's report to the trustees of Ockenden International (‘the Company’) | report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.

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, | 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 | have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

| have completed my examination. | 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

  2. 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

  3. 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)).

| 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.

Stephen Anderson FCCA

Knox Cropper LLP Chartered Accountants 153 -155 London Road Hemel Hempstead Hertfordshire HP3 9SQ

4 March 2026

Page 5

OCKENDEN INTERNATIONAL

Statement of Financial Activities for the Year Ended 30 June 2025

2025 2024
Unrestricted Total
fund funds
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,771 248,439
Investment income 2 76,879 78,323
Total 79,650 326,762
EXPENDITURE ON
Raising funds 3 17,304 17,298
Charitable activities
Overseas programmes 189,050 149,952
UK programmes 47,263 49,986
Total 253,617 217,236
Net gains on investments 164,706 185,717
NET INCOME/(EXPENDITURE) (9,261) 295,243
RECONCILIATION OF FUNDS
Total funds brought forward 3,155,672 2,860,429
TOTALFUNDSCARRIEDFORWARD 3,146,411 3,155,672

The notes form part of these financial statements

Page 6

OCKENDEN INTERNATIONAL (REGISTERED NUMBER: 03171090)

Balance Sheet

30 June 2025

2025 2024
Unrestricted Total
fund funds
Notes £ £
FIXED ASSETS
Investments
Investments 9 2,866,115 2,867,519
Investment property 10 - 25,000
2,866,115 2,892,519
CURRENT ASSETS
Debtors 11 2,426 243,918
Investments 12 100,000 -
Cash at bank 207,690 34,182
310,116 278,100
CREDITORS
Amounts falling due within one year 13 (29,820) (14,947)
NETCURRENT ASSETS 280,296 263,153
TOTAL ASSETS LESS CURRENT LIABILITIES 3,146,411 3,155,672
NETASSETS 3,146,411
SO
3,155,672
FUNDS 14
Unrestricted funds 3,146,411 3,155,672
TOTALFUNDS 3,146,411 3,155,672

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

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OCKENDEN INTERNATIONAL (REGISTERED NUMBER: 03171090)

Balance Sheet - continued

30 June 2025

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 18 February 2026 and were signed on its behalf by:

J M Ingham - Trustee

The notes form part of these financial statements

Page 8

Notes to the Financial Statements for the Year Ended 30 June 2025

OCKENDEN INTERNATIONAL

  1. 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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the charity's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision reflects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

There were no judgements or material estimation uncertainties affecting the reported financial performance in the current or prior year.

Income

Donations are included in income when they are received. For donations received under Gift Aid, income tax is accounted for on a receivable basis.

Legacy income is included when the charitable company is legally entitled to the income and the amount and the timing of receipt can be quantified with reasonable accuracy.

Investment income is accounted for on a receivable basis.

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 payments made to third parties in the furtherance of the charitable objectives of the charitable company. The grants are accounted for where either the trustees have agreed to pay the grant without condition and the recipient has a reasonable expectation that they will receive a grant, or any condition attaching to the grant is outside the control of the charitable company.

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 Funds held by the charitable company are unrestricted funds.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Page 9

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OCKENDEN INTERNATIONAL

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

4,

1. ACCOUNTING POLICIES - continued

Investments

Fixed asset investments are stated at market valuation, where market value represents the mid-market price on the last trading day before the year end. Any unrealised or realised gains/losses arising from investments are recognised in the statement of financial activities.

2.

INVESTMENT INCOME
2025 2024
£ £
Deposit account interest 17,750 16,182
Dividend Income 59,129 62,141
76,879 78,323

RAISING FUNDS

Investment management costs

Investment management costs
2025 2024
£ £
Portfolio management 17,088 17,067
GRANTS PAYABLE
2025 2024
£ £
Overseas programmes 100,000 75,000
UK programmes 25,000 25,000
125,000 100,000
The total grants paid to institutions during the yearwas as follows:
2025 2024
£ £
Connected Routes CIC - 25,000
Dare Network - 25,000
Free Yezidi Foundation - 25,000
Unidos Social Innovation Center - 25,000
Alsama Project 25,000 -
Asylam Access 25,000 -
Lets Be Transformed 25,000 -
Happy Baby Community 25,000 -
Nest Global 25,000 -
125,000 100,000

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OCKENDEN INTERNATIONAL

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

5. SUPPORT COSTS

SUPPORT COSTS
Information
Management Finance technology
£ £ £
Overseas programmes 59,877 282 23,866
UK programmes 14,969 70 5,967
74,846 352 29,833
Governance
Other costs Totals
£ zg £
Overseas programmes 718 4,307 89,050
UK programmes 180 1,077 22,263
898 5,384 111,313
NET INCOME/(EXPENDITURE)
Net income/{expenditure) is stated after charging/(crediting):
2025 2024
£ £
Independentexaminer'sremuneration 4,680 5,000
  1. NET INCOME/(EXPENDITURE)

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

TRUSTEES’ REMUNERATION AND BENEFITS

The trustees receive no remuneration for services provided but may be reimbursed for any expenses incurred; these totalled £Nil (2024: ENil). The charitable company has purchased indemnity insurance for the trustees and other officers to protect against the consequences of neglect or default on their part, the cost of the insurance is £704 (2024:£654).

Trustees' expenses

There were no trustees’ expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 248,439
Investment income 78,323
Total 326,762
EXPENDITURE ON
Raising funds 17,298
Charitable activities
Overseas programmes 149,952
UK programmes 49,986
Total 217,236
Netgainsoninvestments 185,717

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OCKENDEN INTERNATIONAL

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

  1. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
NET INCOME 295,243
RECONCILIATION OF FUNDS
Total funds brought forward 2,860,429
TOTAL FUNDS CARRIED FORWARD 3,155,672
FIXED ASSET INVESTMENTS
Cash and
Listed settlements
investments pending Totals
£ £ £
MARKET VALUE
At 1 July 2024 2,764,088 103,431 2,867,519
Additions 168,561 326,078 494,639
Proceeds (245,788) (339,961) (585,749)
Realised gains/losses) 89,706 - 89,706
At 30 June 2025 2,776,567 89,548 2,866,115
NET BOOK VALUE
At 30 June 2025 2,776,567 89,548 2,866,115
At30June2024 2,764,088 103,431 2,867,519

Listed investments are held within an investment portfolio and are invested in various different types of funds including unit trusts, bonds and equities.

The following investments represent those holdings that, by market value, exceed 5% of the total market value of the listed investment portfolios.

Proportion of total listed value Findlay Park Funds ICAV - American Inc (USD) 5.6% JP Morgan Asset Managers - US Equity income C2 Net Inc 5.1% Jupiter Asset Managers - Merian N Amer Equity U2 Acc 6.4%

Cost or valuation at 30 June 2025 is represented by:

Cash and
Listed settlements
investments pending Totals
£ £ £
Valuation in 2024 2,764,088 103,431 2,867,519
Valuation in 2025 12,479 (13,883) (1,404)
2,776,567 89,548 2,866,115

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OCKENDEN INTERNATIONAL

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

10.

12.

14.

INVESTMENT PROPERTY

INVESTMENT PROPERTY
£
FAIR VALUE
At 1 July 2024 25,000
Revaluation 75,000
Reclassification (100,000)
At 30 June 2025 :
NET BOOK VALUE
At 30 June 2025 :
At 30 June 2024 25,000
Investment property consists of freehold land held at Prior Road, Camberley, GU15 1DF. The property is currently in the
process of being sold for a value of£100,000 with a completion date expected to be in 2025, the value of this property has
been reclasified to current assets.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Accrued income - 241,532
Prepayments 2,426 2,386
2,426 243,918
CURRENTASSETINVESTMENTS
2025 2024
£ £
Investment property 100,000 :
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade creditors 25,140 10,627
Accrued expenses 4,680 4,320
29,820 14,947

Investment property consists of freehold land held at Prior Road, Camberley, GU15 1DF. The property is currently in the process of being sold for a value of £100,000 with a completion date expected to be in 2025, the value of this property has been reclasified to current assets.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1.7.24 in funds 30.6.25
£ £ £
Unrestricted funds
General fund 3,155,672 (9,261) 3,146,411
TOTALFUNDS 3,155,672 (9,261) 3,146,411

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OCKENDEN INTERNATIONAL

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

14. MOVEMENT IN FUNDS- continued

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

Incoming Resources Gainsand Movement
resources expended losses in funds
£ £ £ £
Unrestricted funds
General fund 79,650 (253,617) 164,706 {9,261}
TOTALFUNDS 79,650 (253,617) 164,706 {9,261}

Comparatives for movement in funds

Net
movement At
At 1.7.23 in funds 30.6.24
£ £ £
Unrestricted funds
General fund 2,860,429 295,243 3,155,672
TOTALFUNDS 2,860,429 295,243 3,155,672

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 326,762 (217.236) 185,717 295,243
TOTALFUNDS 326,762 (217,236) 185,717 295,243

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.7.23 in funds 30.6.25
£ £ £
Unrestricted funds
General fund 2,860,429 285,982 3,146,411
TOTALFUNDS 2,860,429 285,982 3,146,411

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OCKENDEN INTERNATIONAL

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

14. MOVEMENT IN FUNDS- continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

==> picture [480 x 75] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Incoming|Resources|Gains and|Movement| |resources|expended|losses|in|funds| |£|£|£|£| |Unrestricted|funds| |General|fund|406,412|(470,853)|350,423|285,982| |TOTAL FUNDS|406,412|(470.853)|350,423|285,982|

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15. RELATED PARTY DISCLOSURES

Ms Judith Ingham, a trustee, is a consultant with Withers, the charity's solicitors. As permitted by the Memorandum and Articles of Association, Withers charged the charity a total of £54,308.63 (2024: £40,217) for legal advice.

Page 15

This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic form, authentication and manner of delivery under section 1072 of the Companies Act 2006.